DinarGrubber: > Chin up. Bond funds moving. Glimmers of hope starting to show with the international rates possibly showing. Good guys will learn every bad guy trick used for delays, and there will come a point when we reach critical mass and this can no longer be stopped. It's inevitable.
D D. > Well, all I can say is my bank clothes are pressed, my atty and WM are on standby, my 10 questions list is memorized, and I am calm, cool and collected. Blessings and Best Wishes!
Don A. SassyD: Replay of Bruce's call
DinarGrubber: > Don A/ Thanks Don. Bruce's confirmation of Iraq's in-country RV and international rates showing in Asia, London & Panama, can be found at the 56:10 mark.
He says F&P are being assessed, and Iraq would typically have 10 days to go live, and may show for us as early as Friday :)))
Freedom May 8, 2015 at 4:36am China calls for new global currency
China is calling for a global currency to replace the dominant dollar, showing a growing assertiveness on revamping the world economy ahead of next week's London summit on the financial crisis.
The surprise proposal by Beijing's central bank governor reflects unease about its vast holdings of U.S. government bonds and adds to Chinese pressure to overhaul a global financial system dominated by the dollar and Western governments. Both the United States and the European Union brushed off the idea.
The world economic crisis shows the "inherent vulnerabilities and systemic risks in the existing international monetary system," Gov. Zhou Xiaochuan said in an essay released Monday by the bank. He recommended creating a currency made up of a basket of global currencies and controlled by the International Monetary Fund and said it would help "to achieve the objective of safeguarding global economic and financial stability."
Zhou did not mention the dollar by name. But in an unusual step, the essay was published in both Chinese and English, making clear it was meant for a foreign audience.
EXOGEN: Freedom THE WORLD IS TIRED OF THE USA BLOCKING THINGS
BadScott54: When you get into a tight place and everything goes against you, till it seems as though you could not hang on a minute longer, never give up then, for that is just the place and time that the tide will turn. ” ― Harriet Beecher Stowe
TheEyeGuy: Bruce said that he had confirmation that they RV'ed in country yesterday
Ivantulofitov: I 'm thinking knowing slow rollout in Iraq already started with lower rates .... as Tony and DC said... basically Bruce getting confirm of that
WSwoo13: If u want to listen to the big Call it is in the forum the BIG news is around 50 minutes after the guy from Oklahoma finishes speaking... i will try to give a summary of what he said for those that missed it. bear with me i am not a fast typist LOL
The call said that iraq RV'd on Wed and rates are showing in Asia and London. He said in Panama fines and penalties were being assessed and could’nt happen without a rate change for RV.
He said Iraq has 10 days befor the RV has to be made public but he feels that we may see it as early as today. Hope he is right on. he had several sources. One i think is Sqwatchy?
Bald Eagle: Gsw0013 what kind of fines and penalties ?? Thank You for providing the information
GSwoo13: Bald i did not understand that part... i just wrote it down but he said those fines couldnt be assessed if it wasnt international
BeachCindy: Fines and penalties have to do with the long-overdue prosperity packages ... very involved, google it to understand.....The fines and penalties go 'way back and have been owed for decades .... many different packages
Kue911: My best friend received a call from a banker in Chicago. Banker is about as high up as you can get. He said that the FDIC order them to change the rates for the IQN, VNN AND ZWR on the public screens. $4.67,$2.57 and ,17 with 6 zeros. Live just waiting on transaction codes!!!
JCNoble: kue contract or international?
ComeOnRV: Kue: when did your friend get the call from the banker?
Kue911: He got the call last Friday. Banker did not know when they will get the codes but felt like it was very close.
Kue911: My friend and banker served together in Nam. Like the "Band of Brothers'. They are very close to each other.
DELTA: In Pipeline: Iraq Bond 2020
Last Updated On: 24 Mar 2015
Issue Facts Bond Name Iraq Bond 2020
Currency USD Offer Size 1,000,000,000 to 5,000,000,000
Status Announced Maturity Date 2020
Issuer Facts Issuer Central Bank of Iraq Country Iraq
Key Dates Subscription To 2015
Lexi: Thanks Delta!!! Last I checked they need a good credit rating for these beautiful bonds maybe (AAA) wink
And you can't have a credit rating without art.8 ( internationally recognized Currency)
Right? So I say BRING it home Iraq!!!
DELTA: VERY GOOD ...WE ARE SUPER CLOSE .
I HAVE A QUESTION!!! WHY IRAQI BONDS IN USD ? DELTA
McDan: Looks like 5\1 in 5 years IMO
XOCHOWSKI: MORNING "DELTA"
HAVING SEEN SOME QUESTION THIS I WILL TRY.........
HOWEVER, "WS" POST 29, THAT ALSO GIVES YOU A VERY SHORT ANSWER............ ON THE SAME SUBJECT........
IN ANOTHER SHORT ORDER,
BONDS WILL BE OFFERED WITH A 5 YR TERM
THESE GOVERNMENT BONDS...........MATURE IN 2020.........OR LONGER, BASED ON YOUR LENGTH YOU WANT TO HOLD THE BOND..........
YOU CAN BUY IN BULK OR IN THE SIZES MENTIONED.........1B TO 5B.....
IS THIS DINAR OR USD?????????? DONT KNOW........
THIS IS SIMILAR TO USA SELLING TREASURY BONDS BACK IN THE 70'S N 80'S,
BUY A "BOND" AT "X" VALUE N BASED ON A MATURITY DATE.....OR MUNICIPAL BONDS,
ALL BASED ON WHAT YOU WANT TO INVEST.........
YOU THEN GAIN YOUR INITIAL INVESTMENT BACK + % RATE ON THE RETURN......
THERE WAS ALSO ANOTHER ARTICLE THAT IMPLIED "BONDS" WILL NOT BE SOLD UNTIL NEXT YR............IS THAT 2016 OR 1437..........
YEA, THOSE ARE YEARS........OURS N THEIRS..........
ARE THESE THE TYPE OF BONDS BEING DISCUSSED??????
DONT KNOW, THERE ARE ALSO OTHER VARIOUS TYPES OF BONDS TOO........
ANYWAY, MY .02 CENTS ON THE SUBJECT........G/B M/Z
Walkingstick » May 7th, 2015, 10:13 pm (Post 29)
Yes.... Yield due/ Maturing 2028.... Principal payout/ 2020