It's Sunday and the day is another one of those Bavarian Alpine days. When the sky is clear and blue, the sun is shining bright and life is just perfect....except for the lack of our RV.....lol....
You know that is has been raining here in the Bavaria Alps for the last couple days and I sometimes seem sad and lost without the sun but like always after the storm comes the hope of a brighter, yet more beautiful day. ....and I have to tell you it is here and more. Hint, hint...
A little house keeping again..sorry
As most of you know we had yet another incident of slander and bashing this past week. It all started by some bad apple copying and pasting my post into his site and calling it his own. This is called plagerism and it is against the law.
They also were determined once again to slander my name by saying I copied from their site. I also had a chance to visit dinar guru site and I have I have to tell you they too are doing cut and paste of my post but at least they say its mnt goat.
Read More Link on Right
However what disturbs me about dinar guru is they do not copy and paste my entire post. They only take what is convenient for them to give the message they desire. It is only half truths and this upsets me too. This is not fair for the maker of the original posts (mnt goat) since much gets lost in the translation of the cut and pastes deletions.
I ask again that whoever is the TNT member that it doing this PLEASE STOP NOW! Please get you own intel and make your own post on your own site. I am not a guru and do not wish to be on your site ! I have selected TNT as my site and plan to stay here and here only and serve my good freinds here. If you are the one doing this you are not my friend anymore.
There are reasons why I gab so much on my post. Its an attempt to assist everyone from most situations in life and education levels to understand this investment. Because it cost so little to make so much in this investment (unlike most risky investments) there are all kinds of income levels involved.
Thus all kind of financial mind sets. From the feedback I am getting it appears everyone appreciates the news and the manner in which it is presented. At least I hope so.
Have you ever read any of Robert Frost's poetry? He is one of my favorite poets. In his most famous poem called "The Road Not Taken" he writes so elequentely about a time in everyone's life when they have to make a decision about which turning point to take (which road to take).
Most seem to take the same road everyone else takes. Why? Could it be they can't think for themselves? Could it be they don't want to think or we have become lazy thinkers?
Based on just one decision it can impact us for our entire lives over and over again. i.e the person who starts smoking (causes cancer), or the kid who starts taking drugs (ruins his life), or the person who decides to do a good deed and helps a 90 year old neighbor and takes her shopping (only later to find out she is a billionaire and left him her entire inheritance), etc... I could go on and on... some bad decisions, some good....all impact us later when we least expect it.
So please try to read his poem and you too will see we are all at that junction now. Everyone of us that are reading this post.
What will we do with this news I send you? Will you abuse it or use it fairly and constructively?
What will you do post- RV with all your money?
Will you invest it for future generations?
Will you spend it quickly and go back to the same old boring job?
Will you be better off 5 years from now or worst off?
Will you make all the difference in using the road less traveled?
So lets see what is new news in the revaluation today.
From my contacts it has been very quiet the last couple days however this morning I did a touch point with just my IMF source and I was told that they are on track and going to try to let this pop as soon as everything lines up.
What do I mean by "lined up". I mean that certain events must take place to proceed the rollout process. For instance banks must be opened in order to check the rates and signoff, exchanges must be closed prior to pushing.
The banks I am hearing may get one more push with the final rates (but the Babylon II will not have to run again so many days have been saved).
In other words from my analogy the train has recieved all its passengers (the new rates and other data, files are loaded) and has a scheduled departure date. Each step of the process of the final journey must be done correctly: (in simplistic terms)
1) regenerate the rates (load the train with passengers), this is done already
2) push to the banks (make stops at all 190+ banks), now underway
3) confirm the rates are accurate at the banks and get signoffs (call home and tell mom you made it safe), now underway for some countries
4) load the international rollout - FOREX (tell the whole neighborhood you are home safe), on hold
5) make NASDAQ connectivity open for trading- activate the rates at the banks (celebrate that the journey is over). on hold
They are more than ready to get this journey over. Lets see what happens. Its now in the process.
So what is the new timeline?
As a window I am hearing this could happen on Tues, Weds or Thurs late in the day and be ready when the banks open to do their checkouts. The team has been working overtime this weekend to prepare for this rollout. The farthest date out give is to have it all done no later than September 1st (of this year...lol...)
So why do we continue to keep hearing news coming from the CBI and the Finance Committee?
I believe we continue to see articles from news media in Iraq about the CBI saying this or that or the Finance Committee saying this or that about the RV. It is a smoke screen.
They talk about the RV coming out soon or they will significantly increase the rate or they will take measures to increase the dinar value against the US dollar...this all makes me laugh since I know they already signed off on the RV and it is now out of their control. That is a fact !
So why do they continue to do this?
They continue to preach about the value of the dinar and the upcoming RV because they need to show the people of Iraq and to the world that they are still in control of it, they are in charge, but the reality they do not.
The only ones that have any control now are the team of professionals/experts that are working on the testing issues that crop up and those making the final technical preparations for the rollout and watching and rechecking as the process rolls on and on until completed.
I believe WF will notify their hiring client when this is ready, have a meeting with all the big shots and then the client will tell them a go or no go as the last and final step. If its a go then they get the codes to activate and we run to the bank...lol
So why do other RV intel providers/sites keep saying .86, $1.13 or $1.17 or other misleading facts about this revaluation process? Why can't they see the truth?
My opinion to answer this question is first they have no contacts to tell them what the truth is. Some are actually aware of a known process but it has varied so much over time that "their process" is no longer "the process". This entire process has been very dynamic.
For instance- Iraq already started paying RV'd money on the Qi Cards. This was not supposed to happen until the international RV happened. So why did they do this? l know for a fact this was not in the original plan. I used to preach differently myself ....remember those days....then the impossible became the possible. They did an in-country RV. It has flown circles around most and they still simply refuse to see the facts.
So many intel providers still refuse to clarify why or how people are spending so much money all of a sudden in Iraq. They cling to their old paradyms of how this RV will take place.They do not put into the equation that perhaps they had to put some money in the hands of the people to quite the riots and the protesting crowds or come to a civil war.
Iraq had to do something while they waited for the USA to roll this RV out. The USA has been the delay. Not the government of the USA but the WF bank and their contractors who has taken on the project of the rollout.
It has been, as I have said in prior post, ONE BIG MESS from the beginning of the project.
The fact that our contacts kept telling me and others that the RV would happen over and over again tells me that this was a mess. The information I recieved was factual and from a very knowledgable source.
It didn't happen because they did not anticipate issues in the downstream systems. The issues occurred and they had to stop the process again, fix the issues and try some other day.
Could the RV happen tonight?
How can I fairly and honestly give you an answer to that question when I do not even have a status report in front of me right now to see where they are. For all I know they may still have 100 countries remaining to verify rates and get signoffs. I just do not know.
But my IMF contact does know but this info is confidencial. All he is allowed to tell me is this- there is an RV window coming up from Tues thru Thurs. To me this means they expect all to be done and they are now projecting it will be done by then without any issues.
Right In Front of our noses, yet we can't see it
1. The fact that Iraq kept promising over their radios, in the mosques, billboards, and TVs that the RV would happen in the coming days is also evidence of the fact that they did expect this way before now. It is late, very late. These facts are right in front of our noses yet some can't see the evidence.
2.The old school intel gurus see the glass as being half empty rather than being half full. They also chose the road most taken because its safe and easy and they do not have any real investigation or intelligence skills. Most of these guys are just your ordinary folks trying to make a buck and a name for themselves off this intel. They follow articles too closely and rely on them too much. It is easy then for the GOI, the CBI, the Parliament or the Finance Committee to fool them since all they have to do is publish yet another phony article and its sucked up within minutes.
3. Let me now take one exampe of something that happened just last week. An article came out from the office of Nouri Al- Maliki. The article talks about Iraq using dinars and India rupee to do business in oil sales with India. Iraq, is the second largest supplier of oil to the nation of India.
So on the surface these intel providers get this info and make statements like the US Dollar is no longer going to be the petro dollar and use this article as an example to support their bold statements. I am getting tired of this. This maybe true in years to come but not now. The USA must use up all its oil credits first.
In reality Maliki, being the smart politician that he is, uses this speech to rattle up the USA to send a message to the USA. The message is this - get the RV done or we will stop using the USD as petro dollars with India (one of our largest customers). The fact is he can't do this whether he wants to or not and will not do this.
There is also another underlying message that we can get from this article and it is this - the RV is in fact out of the control of Iraq. Why else would he make such a statement. It is clear he has no control. If he had control he would not be making these threats.
One more message from his speech, a hidden statement- it is taking way too long for the RV to happen since it should have gone way before now. Get it done USA! So he just confirmed to all of us that the RV has been stalled and delayed by the USA and it should have happened already.
So I ask myself what in the world will all these intel providers do when this does RV soon, with double digit rates and they are still clinging to .86 cents and to statements like the HCL needs to be implemented first, or they need to ratify the tarriff laws or they need to get amnesty passed.....
You have all heard it again and again..It never changes. How can that possibly be? Iraqi legistative process is slow by come'on people! Oh here is a real good one I keep hearing...."its all parliament's fault. They need to pass more banking laws"...really? I am laughing again....So how could have Dr Shabibi and the CBI ever even thought about an RV in June of 2012. The past speaks for itself and you can't forget what has happened in the past.
Okay now lets see what part of this post shows up on the Dinar Guru site tomorrow...lol..
Hope this helps.
Peace and Luv to ya all,