Did you ever get a chance to visit the Zugspitze in Bavaria? It is amazing. Once you finally arrive at the summit it feels like you are on the top of the world...and you almost are since this is the highest peak in the Bavarian Alps.
There is v. schneien in the middle of Juli. I could not help but think about my past adventure today when I am reading many of the posts from these intel providers about the Iraq dinar revaluaton.
Seems they all think they are on the top of the Zugspitze and can clearly see from their vantage point but this simply is just not true. They are visiting the summit on a cloudly day and do not see all they need to see.
There is something blocking their vision. It could be ego or they just plainly do not recognize the evidence. Yes the details are all there for everyone to understand but why don't we all see it?
Let me now bring you on yet another journey of mine.
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This trip will take us back to many of my past posts. If you can remember I have said that the dinar revaluation process is now and has been out of the hands of Iraq for many months now.
This has, by the way, been proven many times and is not a debatable issue or rumor any longer. I have attempted to explain also to you why we have not yet seen the activated rates at the bank.
Do you remember these posts. Kindly go back and find them and reread them. It will really help you very much to understand leading up to what I am about to tell you in this post.
There are some schools of thought concerning this revaluation process and timeline. If you are a prudent person you listen to many intel conference calls to gather your senses and wits about what is happening.
I would of course prefer you to only listen to TNT now but that would not be fair for you. I know I too often do miss pieces that I forget to tell you since this is complicated and I try to simplify it somewhat.
So what are these schools of thought:
1. Iraq has total control over the RV. Politcal situation if holding it up.
2. The pending war with Syria is holding it up. We are waiting to see what happens before they trigger the RV
3. It is out of the hands of Iraq, all is done and we are just waiting for some mystical power behind the scenes to activate our rates.
This one really bugs me since if you ask them what "all is done" means they do not even know but they preach this stuff to us. We get on the rollercoaster and expect it any second now. We are kept on a constant edge...not me of course...I know better.
Each of these schools of thought are of course absolute non-sense and rediculous. There is another alternative.
Remember "The Road Not Taken"? Could it possibily be that the RV was released to the IMF for implementation months ago?
I am talking around April 2013 timeframe. Why is this so hard for some to believe? It is a practical bit of information and makes total sense.
Could it be that IMF them contracted it out to a primary contractor (now WF) who in turn sub contracted pieces of it out to third parties to perform the work they themselves could not provide?
Does this make sense to you? How else could they implement the RV? If you are still telling yourself mnt goat is full of it then you tell me what is holding it up?
Go ahead smartly pants I want to know? Oh...its some guy behind some mystical curtain waiting to pull the trigger ?
So let us put this is practical, real terms and get ourselves out of this Disney fantasy. It is common practice in the government to contract out work. They do it all the time. How could the IMF possibly implement this on their own? How could they possibly even begin to do this work unless they have help.
They are not an IT shop. They are part of the United Nations? Have you ever been in their buildings. Do you see IT people running around ? No you see diplomats. That is what they do. They do not have the IT office space, the programmers, the database people not do they know all the pieces on how to roll this out.
Why am I telling you all this. I am telling you this because believe it or not there are still hundreds of thousands of people who still think this is in the hands of the IMF or Iraq for implementation.
They think the CBI has to do all the programming changes to make this happen. They think its all in their hands.....how ridiculous. Use some common sense.
Why am I telling you all this?
What I am trying to do here in this post is make you realize that this project to implement the revaluation is in fact in progress and has been for many months now.
It would have to have been started long before June. It makes total sense that for confidentiality they would hire a banking firm to do the work since they already have connectivity and access to some of the pieces.
We are not waiting for the govenment of Iraq or the CBI to give its approval or Maliki to resign.
The rates can somewhat be negotiated but the final rate is driven by the new software and must consider all the assets of Iraq and other countries in the database.
Banks do not decide this rate nor does the USA. Plain and simple! This is not being held up because of negotiations for higher rate in USA or a pending war with Syria or any other reason other than its just more than they anticipated and planned for.
This implementation is simply BIGGER than expected.
Once they got the new Babylon II software coded (taking the old Babylon I and making the needed rate algorithm changes) they could them begin the process of testing and tried to implement the newly generated rates by pushing them downstream to where they needed to go...to the banks and to the exchanges worldwide.
This is where the issues began and they realized this project was in trouble.
Remember we began hearing about the new algorithms back in 2011 and most laughed at Okie for the news he presented. Remember the intel from Okie about the back screens showing very high rates?
They were testing this software back them is all. Again we relied too much on the banks for intel, thus we thought it was going to RV any day. We were all so wrong back then because we didn't know what we didn't know.
Well many IMF people have come forward now to help us out and provide what is really happening.
Truly and wholeheartedly I believe that they planned and wanted to pop this RV shortly after the announcement of the release from chapter 7.
Only based on what I just said it has been one delay tactic after another so they can discover the issues (by testing) and then fix them.
There was not even one (1) person who knew the entire process and all the changes that would have to be made to implement this RV.
It was through trial and error that they would discover yet another piece that needed work. Unfortunatey this all takes time.
So what is the current progress of this project to implement the RV?
In the past they had many issues getting the full implementation done so all the pieces are connected, files loaded and systems can not talk to each each other (fully integrated).
I talked about this in one of my recent past posts. Kindly go back and refer to the reasons why they are late on delivery.
We should have had this RV by now.
This is a fact. It is not an easy project since they are dealing with 190+ different countries with varied platforms, software configurations and applications.
Also its not that they have to get this working just one time to implement, instead this RV process must be able to work to revalue hundreds of currencies at once in an ongoing basis as an effort to maintain the balance of all the currency values going forward post RV.
It is a brand new process. Integrating all the exchanges and banks with CIX is also complicated.
I wish I could get a daily progress report from my IMF contact but this person is just too busy to give me what I need for you. But I do a touch point from time to time and I did one yesterday.
Here is what I was told:
The NYSE and NASDAQ were loaded, then Canadian exchange (Toronto), then South American (Brazil), next Australia, then the Eurex. Many of them experiences some degree of down time in the progress.
Yesterday the exchange in Franfurt also had a hic-up and I said a big fat WOW ! (mein Hubby even heard me..lol...) from across the room.
I know that this was the last exchange on the list of many to complete.
This gives us all a sense of where we are in the process. That was yesterday, today is Weds. I was told they are still on track and feel confident that the final activation could happen prior to Sept 1st and are reaching for this Thursday.
I do not hear anything about today as a possibility and I do not know why the banks are being notified that it could go today.. Maybe it will and they know something I don't?
Now for the bad news
I also heard from a planning resource that now that everything is integrated with the banks and exchanges, they decided to push the rates and other data one more time and verify results and get signoffs once again.
If all testing is not successful they will continue to test over the coming weekend (I believe you have a holiday in the USA?) and would activate early next week instead.
This is of course pending all tests are successful. The IMF does not like this idea. I heard lots of grumbling....This is actually good news cause I know that this is still on track and very, very close. If these tests all go well we are in the money......
I even hate to give you any timeframes since I am not in control of this project or have any say. All I can do is pass on the news to you. I hope you use it wisely.
Peace and Luv to ya all,