by bdestined » May 19th, 2013, 11:50 pm •
Good Night family. Be Happy - This Process is going OUR way; it's just taking a little longer....
The Executive Order extension IS good so WE are not breaking International Law!
The IMF told Iraq to De-Dollarize or else... AND, they are RE-Dollarizing! ... LOL, to get more HDs off the market.
Iraq Emergency Parliament session Tuesday! *Vacation time must be when they do their real work.
US Release of Sanctions on "Iran's Bank" within Iraq!
I don't think 'Economic Change'; however, can wait to affect the Iran Elections June 14.
OR at least it can wait in order to resign the Maliki Govt! Protests Continue... (probably Iran negotiations?)
They MUST do something shortly ... and F-A-S-T ! ... and QUICK ! or... are we entering unchartered territory?
Read More Link on Right
Prediction: The New 5-year Plan Begins & Last Phase of Iraq Currency Reform = Lifting the remaining High Denominations off the local market (fights inflation), Reduce (or cease) the floating USD orbit auctions ...AND Release of the IQD 'Artificial Program Rate' between a USD Index of 84.55 and 86.00.
As the USD Index continues its rise past 84.55 & Iraq "Completes" lifting the zeros, we will see an initial release of anywhere between 0.86 (90 cents) and 1.18 or 1:1 against the USD, any day OR May 27, UN publish date.
Dirty Float OR Free-float it 'Initially' & watch as it skyrockets past 7.62 (Forex FRA- Due in July), then settle down to where it will Peg against an "Undisclosed Basket" (aka G7 currencies) like Kuwait above 3.22. * We will have 18 months - 2 years to exchange...
Be Patient. Listen to Frankie Frank. AND... Do NOT, do NOT rush after the RV; there is no room for foolish mistakes.
Stay plugged into the forum & conference calls POST RV.
Hold on to what WE KNOW. Above all Trust in the LORD.
Have a Great Week! Stay Well....bdestined