[kuu] Chaper 7 document on IMF website states, The IQD must have been restored to international status before the sanctions can be lifted. This is per FRANK. Does international status mean the RV rate? That is the question. At least if it goes international it can be used in a CE.
[ChildOfGod] kuu Intl status means tradeable currency, hence rv
[sananddan24] Kuu I would think so at least at their original status
[ChildOfGod] They would need to be able to trade with other countries
[DancesWithWolves] I was watching IrAQI sat channel on internet earlier today....big signing ceremony with Kuwatis, pen ink handshakes smiles etc. Didnt know what they were saying tough!
[ChildOfGod] DancesWithWolves hi Just smiles and handshaking with Kuwait ... that's enough for me! lol
[DancesWithWolves] ChildOfGod yep good sign
[ChildOfGod] DancesWithWolves You betcha!
Read More Link on Right
[sananddan24] DancesWithWolves excellent sign
[Robertprofessor] DancesWithWolves We're nearing the end of the process. Iraq IS obviously part of the process, and they are in a hurry now.
[deb2blessed] Robertprofessor I have thought that Iraq has been held back until they were told to take the stage---
[Maryrose] Robertprofessor I agree
[Robertprofessor] deb2blessed Precisely!
obertprofessor] DancesWithWolves Up till lately, I think everything coming out of Iraq for about a year was said in fartsi.
[kuu] IMO, Whatever the rate becomes to be the paradigm for international status is pure conjecture. The fact that it will enable the lifting of the chapter 7 sanctions is the item of importance that moves ahead to our ultimate goal, which is the CE parameters that we seek.
ChildOfGod] kuu The rate itself is not the point. The fact that an RV must take place for Iraq to be lifted from sanctions is.
[happydave1] something to think about after rv if your looking for investing some money imo Water Stocks: Don't Overlook This $1 Trillion Opportunity
[DancesWithWolves] Robertprofessor How was Reno cleaned up ( or in what sense) IYHO?
[Robertprofessor] DancesWithWolves There were several (I think) scammers that had members of their "group" meet them in Reno. The scammer said he could take all their dinars into the bank and get a higher rate before the rv because he would pose as a whale...
[Robertprofessor] ...instead, he/they simply made off with their dinars. We heard that some people stayed in motels for weeks or months waiting for the scammer to return. Well, now what is happening this weekend is trying to help the victims of these scams.
[DancesWithWolves] Robertprofessor TY I'd missed that....where do these guys get the brass neck to try to pull these kinds of ruses!
[Robertprofessor] DancesWithWolves We need to constantly remind ourselves there are corrupt, stingey, mean people everywhere. We should expect that some lurk right here in the castle and spend all day gleaning personal information if they can. Some prefer to cheat at life.
[justincase] Robertprofessor - : Hi Dr. Robert - i've been out of pocket.. keeping up with Recaps. Things are looking Great!
[Robertprofessor] justincase Things are looking great. I think right now at this very moment, we are somewhere in between this very moment and the moment of Okie's graduation announcement. That's my Yogi Bera update. rofl
[deb2blessed] Robertprofessor I pray you are right dear!
[justincase] Robertprofessor - hmm it's like de ja vue all over again.
[Robertprofessor] deb2blessed It's an easy call. Just don't ask me how long in between those two moments.
[justincase] Robertprofessor - but it ain't over till it's over. lol
[Robertprofessor] justincase Let's hope the fat lady doesn't sing the whole dang opera.
[justincase] I guess one of the things is... Even if ALL is totally ready for activation... It won't happen until somebody(s) gives the signal.
Robertprofessor] justincase I wonder if the signal will be waving a green flag, a referees arms straight up in the air, a big thumbs up from CL or ... ?
[deb2blessed] It has never had a better chance to really happen as it does THIS coming week, with all the things being announced---IMO
[rustyc] Hi castle and hello puppylove , I found this link for a market open /close map some may find helpful http://www.worldtimezone.com/markets24.php
[ARMYVET] did ya see the info but out by G20 this week
[beach] ARMYVET some time it is like this but much. No I didn't see that
[ARMYVET] central banks taken a more agressive estimated approach on exchange rates
[ARMYVET] Conditional commitments represent the latest efforts at improving transparency. Well over a decade ago central banks began to rely on verbal signals to hint at any future bias in the stance of monetary policy. More recently, some central banks have become more explicit about likely future policy rates by publishing forward interest rate paths. A few central banks, including the U.S. Federal Reserve, even publish forward rate paths conditioned on forecasts published by members of the monetary policy decision-making committee.
[ARMYVET] the best part of the G20 report is...........
[ARMYVET] The Bank of Canada’s conditional commitment was based on nominal variables, that is, interest rates and inflation rates, and not real variables such as unemployment. In 2013 the U.S. Fed under Chairman Ben Bernanke adopted a new kind of conditional commitment when it agreed to maintain the current stance of monetary policy so long as the medium term inflation target of 2% was not breached and the unemployment rate remains above 6.5%. In so doing, the Fed strays directly into the central bank making commitments driven by a target for real economic performance.
[ARMYVET] it was released on thursday20JUN13
[ARMYVET] this is nice..... Duguay said that since the crisis, the balance sheets of central banks had become, in effect, another policy instrument. To demonstrate the “phenomenal expansion” of balance sheets since the crisis, he compared the pre- and post-crisis leverage rates, capital and assets of the U.S. Federal Reserve and the Bank of England, while noting the differences in how the two responded to the crisis. Duguay also illustrated the differences and overlaps in central banks use of quantitative easing versus credit easing. He concluded that remit of central banks is to: i) provide liquidity; ii) minimize distortions; and, iii) mitigate moral hazard.
[ARMYVET] in other words change their holding guidelines and policies
[tutts] I keep getting all these people telling me this dinar is a scam, I know it is NOT, but I guess I just need some assurance. Can any one give me some good news?
[ckgdrums] tutts we're still here... mainstream media is starting to pick up steam in their coverage... everything from Okie is positive... there is no bad news... :)
[Then There Was SED] tutts 1st question? What "constitutes" a Scam?
[Then There Was SED] Please answer, this is for your betterment.
[tutts] I`m not sure, but I tell them you could sell them back if it were a scam
[tutts] Sorry Could NOT sell them back if it were a scam!
[Then There Was SED] Almost correct. A "scam" is where money or something of value is "invested", with a promise of some off the charts "return" Everyone, save for the few who initiate the "scam" losses their "investment" Further a "scam" very rarely lasts for more than 3-6 months before it has run its gamut.
[Then There Was SED] The mere FACT that if one gets skittish on the investment into Dinar, YOU can still sell it back to the dealer or broker, or a private individual, adn re-coup most of your expenses, but not all. NO SCAM has ever allowed that!
[tutts] You are right, thanks!
[Then There Was SED] For those that insist this is Scam, their blissful ignorance will turn into dismay when they realize THEY were 100% WRONG!
[Then There Was SED] Please copy and Paste and print this out and give it to the uninformed!
[..SpecialAgentGibbs] IF you go way back, and look at what started the "scam" idea about dinar, you will find that in the begining there were some people selling counterfeit dinar. THAT was the ONLY form of REAL scam associated with this.
[..SpecialAgentGibbs] Fronm that point forward, those that simply refused to research or become educated on this, chose to remain ignorant of the facts, and just preach "it's a scam" to everyone they knbew or encountered on this subject.
[..SpecialAgentGibbs] What Sed posted above is 100% accurate.