Post From Peoples Dinar
Stevel Update With Q & A 12-18-15
Greetings PD Family.
As you already know, I do not like to do update until we confirm from several sources the actual facts.
Our team includes a couple of members that have some contacts in very positive places, and Ray and I who have many sources in the United States and many in Iraq that is very knowledgeable about the current events happening.
Here is a basic recap the some of you already know but a few of these I guarantee you have never heard about.
Based on the recent news and a little help from an Arabic Interpreter……….here are a few things I am being told have happened or are in the works – things are moving quickly!!!
* 2016 Budget Passed <-- Confirmed
* HCL Passed <-- we are confirming if this is done or will be done in the next day or two
* IMF Signs With Iraq to Control Their Economy <-- Confirmed
* Activation of Customs Tariffs Announced <-- Confirmed
* More troops from US and Italy deployed to Iraq to finish clean-up of Mosul and Ramadi <-- Confirmed
* December 14th -- To / all licensed banks and money transfer companies and exchange companies (off dollar processing) – stop using the USD <-- Confirmed and huge news
* December 15th -- To / banks approved to exercise all banking (sale and purchase of foreign currency instructions) <-- Confirmed and huge news
* December 16th -- Companies that have been shut off from the sale and purchase of foreign currencies window – Message from CBI to all 72 currency exchange <-- Confirmed and huge news
Businesses in Iraq to stop trading foreign currency. They did not mention banks on this list, only currency exchange businesses. <-- Confirmed and huge news
* CBI announces it is replacing the currency auction <-- Confirmed
* Conference in London to discuss investment in the Iraqi stock market <-- Confirmed
I have personally never seen so much progress at once but have been told to start looking for this to happen very quickly.
Now another note that was brought to my attention is that there must be some time frame for the CBI restrictions on the money exchangers. These are business that are currently in business and if these restrictions did not have some short time limit on them, then these business would go out of business. Do you understand the importance and meaning of this?
I will keep you posted to more updates regarding these notes and points above and we can confirm them. Feel free to ask any questions and we will do our best to answer them.
Very exciting times ahead. If we are still scratching our heads in the first quarter of 2016 with no results or value change, then we need to take another look at this and try and figure out how a country that plans on emerging into a new global financial market has the same value on its currency, and everything else going on, this will be quite a task to figure out.
Please do not focus too much on this investment and forget the true meaning of this Christmas holiday. It is also my understanding that the ISX will be closed sometime around the 28th of December to January 3rd 2016. So let's see what happens and how all of this plays out.
I have also been informed that Iraq has a very good handle on the ISIS issues and have done an extraordinary job cleaning the the mess that ISIS has caused. I think ISIS is looking for a new turf to play in because this one has not favored them at all.
Also, don't for get to sign up for the Bible plan we are all doing January 1st. Just keep me posted so I can continue to add you in the app.
Exciting times are awaiting us (if all goes according to plans in Iraq) but anything can happen so remember to let this event be a life changer and not a life saver.
One last thing, Ray and I have confirmed with a bank which we will not name is ready for this exchange. Just having a major bank tell us that mean so much regarding this currency being very real.
If we were to keep getting a run around answer, then I would start to worry about it. I have been asked by hundreds of members on the best process, but I will keep the same answer going, just let it happen and then we will establish the best and most economical method for this.
Merry Christmas and Happy New Year!! Blessings, Steve
cheeky said: Steve - have you or your contacts heard about the timing of when the auctions should stop? Some articles originally mentioned by the end of this month while others have said in the first quarter. Thanks!
Stevel: I do have that answer be need to go find my notes or the contact that shared that with me.
wldcat03 said: I just cant wait to party with all of you in AZ and hear about your plans to help others. I know I plan on making sure my mother never has anything to worry about...for starters.
Stevel: I have a very large number of individuals ready for this and it will truly be amazing. The amount pledged is overwhelming. This foundation will go on for generations helping people as God wants us to do. Blessings, Steve
trkyhuntr said: Stanleymt, How I understood this, and SteveI can correct me, is all of these money exchanger's (assuming in Iraq) sole source of income is exchanging currency for a fee. For the CBI to tell them they have to stop their exchange (stopping business - cannot earn money to feed the family) of currency for a long period of time is not realistic. Therefore, it makes sense to me that they are saying this will be done in very short order (the importance of the CBI statement) so that they can continue earning their income and not go out of business.
Obviously, correct me if I am off base Steve. th
Stevel: No corrections needed. This was a perfect explanation of this task for the money exchangers. No do you see how important this really is? Spot on!!!!!!!!!!!!
trentandstacey23 said: Just a quick question Steve..... You stated that you talked to bank that was ready to exchange, Is this a US tier 1 bank? You don't have to throw names out there just curious. Merry Christmas to all, Trent and Stacey