The Kuwaiti Dinar Revaluation.....What happened? For Dummies.
Posted by Vision on May 13, 2014 at 2:39pm October 14, 2011
I will attempt to tell you the history of the Kuwaiti dinar revaluation in a nutshell. Saddam Hussein (we all know him) invaded Kuwait and tried to get rid of Kuwait’s dinar by sending it back to Iraq.
At the same time, he was replacing it with the Iraqi Dinar. When this happened, the street value of the Kuwaiti dinar dropped drastically in value to reportedly .05 cents per dinar. The U.S.A. is pissed, so they go in and kick some serious butt and kill thousands of Iraqi troops who try to flee.
Things cool off and the National bank of Kuwait re-opens after months of disruption and chaos.
They announce that all Kuwaiti dinar will be accepted and honored at the pre invasion rate which was around $3.64. So, here’s where it gets good.
People who bought the Kuwaiti dinar for .05-.10 cents went to the bank and exchanged their Kuwaiti dinar for $3.64 per dinar. About 3 months later, Kuwait issued new Kuwait dinar notes and called in the old pre-war notes. So, as the facts show, some people became rich over night on their Kuwaiti dinar.
LINK - http://dinarrevaluation.wordpress.com/2011/10/14/the-kuwaiti-dinar-revaluation-what-happened-2/
Gatorguy: I don't know why people are upset.. all the news coming out of Iraq is great!!!!!!!!
A member of the Committee Faleh applicable to the newspaper “integrity electronic” that “the central bank told the Finance Committee in the House of Representatives will be followed by a new mechanism in place will contribute significantly raise the value of the Iraqi dinar ahead of next June will be the mechanism capable of raising the value of the Iraqi dinar against the U.S. dollar.”
Article 140 info.. :Council of Ministers to take an important decision regarding Article 140. Khandan - Iraq's cabinet decided during its regular meeting held on Tuesday, and a majority of the ministers present, the formation of a higher committee to compensate the Arabs coming to the province of Kirkuk, and re-Lands citizens Kurds and Turkmen, which was confiscated to their original owners.
WealthMentor1: Gatorguy.... ahead of next june.... wouldn't that mean before june like this month may?
Gatorguy: @welathmentor.. correct... they already told us that the stock exchanges (ESX & ISX) will be active June and August respectively.. those are your back wall dates.
Normanros: jaybird they said cbi is 1000 percent rdy.and they need rate out before they hit nasdaq
Gatorguy: Normancros... BINGOOOOOOOOOOOOOOOOOOOOOOOO... sorry about the caps
Jaybird: WELL WE KNOW WHEN THEY HIT NASDAQ CAUSE I GOT THE ARTICLES YESTERDAY WHEN THAT WAS HAPPENING
Gatorguy: Jaybird... Double BINGOOOOOOOOOOOOOOOOOO
Kaper: jaybird whe did they say they would hit nasdaq
Jaybird: ISX will work with the Nasdaq system, and will launch its work at the end of next month.
Edobini: Iraq must have an International tradable reality rate in order to launch the ESX along side with Nasdaq
Gatorguy: @EdoBini... Triple BINGOOOOOOOOOOOOO
Airam: post From Currency Chatter By Tlar: To be an international exchange, you have to have your own international currency. TrixieDinar: Director of Arbil Stock Exchange: We will participate Bmatmaren international stock exchange
[subtle] a day or so before the Kuwait RV there was a huge news paper ad saying no KW rv...then bam!
[Oz35] Good point subtle
AKWilliams: Chuck Norris would have had this done a million years ago lol
T1000: AK he sure would of
Dinarasaurus: Chuck Norris just looked at a 25K note and 3 zeros fell off..... I'm hiding my dinars from him.....
Nontaxpayer: What Happened to The Supposed Ticking Countdown Clock Started With RI Announcement?
I thought the announcement of the RI started a countdown clock with a definitive but undisclosed ending date. Did I miss some change that occurred since this was discussed on the calls immediately after the supposed RI announcement?
Blueangeles: When no one was looking the PTB took the batteries out of the clock.
CandyKisses: I think that they threw the clock out of the window too.
MacJedi: RV=Rarely Visible. RI=Really Impossible. GCR=Got Cancelled! Really!
[Papa Bear] Folks I must tell you this is just as tough on our leaders or more so than even us.
[Papa Bear] They always need our encouragement and to know we have their backs. It gets wicked in the Forest for them also
[Papa Bear] We are ALL of the Human Nature with Stress Thresholds and need of valve relief.
Emailed to Recaps:
Excerpt from Zap’s post Sunday 5-11-14
ZAP SAYS: HI ALL
YOUR FRIENDLY NEIGHBORHOOD PURPLE PIGS HAVE GONE HYPERSONIC.
OBAMA HAS AGREED TO THE SIGN-OFF.
MUCH PRESSURE HAPPENED, AND THE GOLDEN ONE WAS GOING TO PULL THE CERTS AND GOODBYE TO THE GOLD THAT WOULD BE BACKING THE TRN.
SO ALL GOOD. OBAMA DID THE RIGHT THING, AND THE USA WILL NOW COME ALIVE AND BEGIN TO REBUILD ITS GUTTED INFRASTRUCTURE.
REMEMBER THE DAYS WHEN “MADE IN USA” WAS A GOOD THING. STILL IS, BUT IT IS A FRACTION OF WHAT IT WAS. SINCE THE OUTSOURCING CRAZE,
THERE AIN’T MUCH LEFT THERE – FEW GOOD JOBS AROUND. NO WONDER THE ECONOMY SUCKS AND EVERYBODY IS GRUMBLING.
WITHOUT PROSPEROUS JOBS, WHAT IS THERE OTHER THAN SCRAPING BY, RIGHT? THAT DRAGS THE WHOLE THING DOWN, AND EVERYBODY GETS TO BE MISERABLE.
SO, NOW THAT WE BEGIN THE RELEASES IN FACT, NOT ONLY ON PAPER, THE MONEY WILL FLOW, PEOPLE WILL BE ABLE TO GET TO WORK, WHATEVER THAT CHOICE IS, AND LOOK AFTER OURSELVES, OUR COUNTRIES, AND OUR HUMANITY.
DETAILS OF ALL THIS WILL BE PUBLISHED AT A FUTURE TIME, AS THERE IS NO NEED TO BASH EVERYBODY AROUND THAT DID NOT DO THE RIGHT THING, AND REVEAL WHO DID WHAT TO WHERE AND ALL THAT AT THE MOMENT. SUFFICE TO SAY THIS EVENT IS AKIN TO THE CUBAN MISSILE CRISIS, AND WE MADE IT AT THE ELEVENTH HOUR.
WE START BREATHING TOMORROW. (Monday)
BE PATIENT AS THE RESULTS WILL TAKE A BIT TO TRICKLE DOWN TO THE ACCOUNTS. BUT KNOW THAT THIS IS IT, AND WHAT WAS, IS NO MORE. BE GRATEFUL WE GOT HERE.
THE RV RELEASE AND OTHER ITEMS ARE ABOUT TO MANIFEST, AND FUNDS RELEASED. NOT MUCH MORE TO SAY ON THAT TOPIC OTHER THAN THERE TRULY IS A LOT OF DISINFORMATION OUT THERE, AND THE MAJORITY IS EMBELLISHMENT OF A SINGLE FACT THAT BECOMES A MOUNTAIN IN NO TIME FLAT. BUT THE PIGS ARE REAL.
I have a work colleague whose husband works at said bank. But they know nothing of the supposed TRN Dollar.
SOON THEY WILL.
Can you point to anywhere where this is provable. As there only seems to be conspiracy sites that mention it.
JUST WAIT…IT WILL COME OUT SOON ENOUGH. WHY STRESS. IT IS NOT TO BE BROUGHT OUT PREMATURELY.
If this take down is now not happening. Or at least at a recognizable pace. Is this not the same as nothing will happen? The bad guys are still in charge. No reset will EVER happen whilst they are. So can you explain how this is meant to happen? In love light peace and honesty
AS I SAID, THE OLD MAN HAD ENOUGH, DREW A LINE IN THE SAND, ALL THE COUNTRIES WENT TO ONE SIDE EXCEPT THE USA. NOW THE USA HAS STEPPED FORWARD. NOW ALL BEGINS. SIMPLISTIC BUT ACCURATE. THE CABAL FOUND OUT THEY COULD NO LONGER CONTROL OBAMA, AND OBAMA WAS FACED WITH DOING THE RIGHT THING, OR HAVING CIVIL WAR AND MARTIAL LAW DOMINATE HISTORY FOR A WHILE.
IF THAT HAPPENED, THE GUYS THAT DIPPED INTO THE COOKIE JAR WOULD NOT BE ABLE TO USE THEIR ILL GOTTEN GINS. NOBODY WILL ACCEPT FIAT CURRENCY WHEN EVERYBODY ELSE IS ON A METAL STANDARD. COMMON SENSE AGAIN.
SO THE SOLUTION IS SIGN-OFF, AND MOVE ON. THIS WAS DONE FRIDAY AND WILL FINISH TODAY,(Sunday) AND BE EFFECTED TOMORROW. (Monday)
AS ALREADY STATED, THE EVENTS ARE UPON US STARTING TOMORROW ON MONDAY. FUNDS WILL BEGIN FLOWING OUT TO EVERYBODY INVOLVED