Ramjet » On the forum over the weekend I tried to read and get caught up... Any corrections or additional comments are welcome!
A lot of hints and pieces of discussions will sometimes bring a bit of clarity to me.. it did and I would like to share with you all this morning before I get on the road to make deliveries all day!
Some things are set in stone... One of those IMO is that Iraq HAS TO BRING THE VALUE OF THEIR CURRENCY BACK UP TO AN INTERNATIONAL RECOGNIZED RATE.
They will do this by dropping the 3 zeros form THEIR EXCHANGE RATE.... IE... .00086 TO .86. I see this as the minimum that they can do for 2 reasons..
#1 they (GOI) need to get their people to accept and use (want to use) the IQD over the USD.
Read More Link On Right
#2 Article 8 of the IMF Strategic Plan says that Iraq can not use the foreign occupiers currency any longer in order to move into article IV (4) of the Plan.
#3 The GOI (Government Of Iraq) needs to raise the value of the IQD IN MARKET (meaning inside country... what their people see as the value for their currency) This has no connection to the out of country exchange rate directly.
#4 All eyes are watching for the release of the LD's (lower Denominations... the 1's, 5's, 10's, 25's and any coins) to be released to the public through the banks or merchants as change. The merchants have already been informed to be ready when this is released. They have been made aware.
#5 WF (Wells Fargo... The purported major exchange bank co-ordinator) has kept tight lips and will say nothing encouraging until CH 7 sanctions have been officially lifted. That should be on the 27th officially.
When that happens we should... we should see the value raised on the CBI web site or the forex.... or we should see fireworks on KTFAlways.com
Frank alluded to a new schedule that should be anticipated.... and that changed our perception a little.. he re-iterated that again last night.... look for 7/7 as a possible window for the actual showing of the RV...
ASK WHY H WOULD DO THIS WITH M BECAUSE RD/6 RI/7 RV/8 AND 9 USD/10.
These dates are months... So let me rephrase...
RD/6 Re denomination/ June... this means they bring out the lower denominations IN COUNTRY and let their people use the 1,000 dinar note as the same value as a new 1 dinar note... This in effect raises the value ... IN COUNTRY without yet affecting the exchange rate...
RI/7 Re-Initializing/July the Re-Instituting or R-Inititiazing the IQD is bringing the value of the IQD back to where the value was before the sanctions were placed on Iraq from the Invasion of Kuwait. That was $3.22:1 IQD.
RV/8 Revalue/August would be the ReValue of the IQD to it's current net worth based on the new BASEL III protocols of the Bank of International Settlements in Basel Switzerland, (BIS).
This is purported to be 3.86 + 20% or $4.34 prox.... some say that since there is so much more natural resources in Iraq than they even new about that the new value could support up to $10.00:1 IQD.
9 September May be a waiting month to get to the final stage of the GCR. Eagle1 said that all the currencies must be done by the end of October by IMF Mandates (Not sure on Who's mandates)....
USD/10 October USD currency will be using new USN replacing old USD at a 2:1 basis... You turn in your $200 of USD and get back $100 USN.
AS we all know this is not in stone and is my interpretation of the things to come.... My main concern for sharing all of this is to bring up to speed the newbies who I have shared this Blessing with in the last few days... It can revalue IMO any time...
My concern now is for those sitting on the fence who might wait and then be on the outside of this gate looking to get in! Remember.... a layaway is now good for 60 days for IQD only from Franks web site (that I know of).... This is not a lotto ticket!
This is still a speculative investment... It is also just a currency which after the Ch7 and RV you can exchange back to the dealer or bank for USD just like any other currency... like the Canada dollar the euro... etc.
I Pray this has helped! Have a Blessed Day everyone! Randy Ramjet