[FLPatriot59] [EXOGEN @ 8:43 PM EDT] Contact just stated the revaluation of the iqd is 1000% confirmed in country, and awaiting on more details for the global release & update from the new cix system i.t implementation team right now at 8:42 pm est. Bank screen updates coming in the next hour in real time!!!!!!!!!!
[FLPatriot59] 9:53 PM [EXOGEN] Text message just received: the cix system is now 100% live with no glitches, all production testing is COMPLETED................ALL systems are 100% go, bank screens are still blank right NOW.............(JUST in), and the process will not be stopped this TIME.........
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[Capt Ron] g4b, my basic takeaway point from okie's post tonight is that, possibly somebody from UST told him that there are plans underway to do the iqd repricing . now, whether or not that source was blowing smoke or whether plans change again, that is another matter.
[Capt Ron] let our minds wonder if our brains is thinking or not. egads.
[Capt Ron] my brain is about to explode.
[RindsGuy] Capt Ron everytime I get to that part my mind starts wandering and I can never finish the post lol
[Capt Ron] arr
[xyz] Capt Ron but i dont and will not buy into dinarbanker is closing site cause of rv ...been in this way too long to buy into that
[Capt Ron] xyz, you don't think the dealers will be closed for at least an hour or so during the transition?
[Capt Ron] meaning you see the changeover at the dealers as being instantaneous?
[Capt Ron] (which might be true, I sure don't know)
[xyz] Capt Ron they would but why 1 out of 55555 other dealers unless they are the golden boy arr
[RindsGuy] From DinarBanker: Customer Service will close at 6 PM EDT on Thursday 8/15 and will reopen at 9 AM on Friday 8/16.
[xyz] Capt Ron plus dealers would adjust the price and continue to sell naked reserves aka air as BG would call them
[RindsGuy] Capt Ron If that were the case then wouldn't west coast banks have to closer earlier for government processing to stay in line with the east coast?
[xyz] Capt Ron i pray i am wrong...and if i am, i will buy you coffee for 2 days ...i promise
[Capt Ron] RG I assume that all the dealerships would be closed at the same moment, and reopen at the same moment, adjusted for timezones.
[Capt Ron] xyz, I drink black coffee, venti.
[Capt Ron] the way i think about this 'quota system' that okie is talking about... ...is that the UST would have the goal of calling in, getting off our USA streets, all the iqd it could in as short a period of time as possible.....
[Capt Ron] ....and so, if they know pretty much how many iqd are out in our streets, then just establish that number as a quota, let it be known that after that number of iqd are exchanged then the program is over, and watch us all clamber over each other to exchange out. that would be a quicker way to do it compared to say, defining a 30 day period for the exchange process.
[BOBGETZ6] Capt Ron xyz Personally, I am glad that I have no reserves and have built with hard currency only. Based on Tony's slight inuendo, which I suspected all along, folks with reserves might have a problem due to the carrier's refusing to carry values over $50K. I t somewhat forces you to cash in with them. At competitive rates?
[Capt Ron] (Bob, over the years, as you know, I have used the 'reserve' program less and less, for your reasoning and other reasoning)
Capt Ron] okie does claim, btw, that the iqd that is presently reserved by usa peeps would be included in such a total number for this quota.
[Capt Ron] but if the quota number includes the iqd on reserve (layaway, whatever), then there should be opportunity for iqd reserve holders to do their business before this quota maxes out, no?
[BOBGETZ6] Capt Ron It remains to be seen. How many can make it to pick up their reserves if they prefer to cash out elsewhere?
[mcmc408] Capt Ron they will all need appointments with dealers too
[Capt Ron] but bob, again, if the exchange deadline is based on total iqd turned in, and not on some calendar date, then there would be LESS pressure on us, and not MORE pressure, no?
[xyz] clubber3 i am NOTexcited cause dinarbanker is having a schedule maintainance ...i am not a naive newbie
[BOBGETZ6] And, who says that it is this week anyway? The indicators which I watch, have not moved an inch.
[Capt Ron] guys, I think the 'takeaway point' from this latest okie dissertation isn't all that large. here's what I see as being his main point, again.... .which is that the UST might be planning to manage the exchange process by TOTAL iqd exchanged (based on an estimate of how much iqd there is in the USA) and not based on a certain number of days available to exchange....
[Capt Ron] ...that process, if true, would REDUCE pressure, both for iqd hard cash and for iqd layaway, reduce pressure on ALL of us.
[BOBGETZ6] Capt Ron I would hope that would be the case.
winlady » August 14th, 2013, 10:14 pm • .
Here are my notes from tonites CC , Frank..
The dinar was devalued in 2004 in September.
Delta had dinner with aid to Minister of finance..very important figure.They told Delta they did not know the date or rate, but they were following to the letter laws..IMF says lift the 3 zeros!
Delta said they told him in country would be .86!
Frank says it could be $1.16 in country!They want to match dinar to USD!
Frank says: will LOOK like 1-1 in country..
Outside: INTERNATIONAL INVESTORS will make rate $1-3.86 could be as high as $1-4.25
after 3 days it could begin to skyrocket! WAIT! Hold your dinar if possible and use other currency until Dinar maxes! There will not be a time limit to exchange dinar!
What do Kuwait and Iraq have in common? Airline,land, gold, oil, same rates!!
I team reporting they are returning to Saudi..Yemen! But they have orders to return to Badgad in middle of Sept!
GOI is TRIBAL! the demarcation has not passed because of undiscovered oil and gold!
Eagle 1 says in country will LOOK like 1-1!
Forex CIX will retry to set GCR in the next few days! All will go! They are not waiting on Iraq!
VND..Frank says could see a 10-30% increase..
Eagle one said it could come out at .47! Vietnam has been with US for 50 years!on a program rate at 5cents to USD! time for it to go up!
Frank and Eagle 1 still feel this could go at ANY time!
Pray for our country!
Thank you Frank for all this information! Thank you Eagle 1 and Bluestar!
This was a great CC and SOME of this was familiar because I listened to prior CC!