[Midnight Blue] HI EVERYONE. I HAVE HEARD SEVERAL TIBITS, BUT FOUND ONE POSSIBLE SCENARIO INTERESTING. IT GOES LIKE THIS. IRAQ IS RELEASED FROM CHAPTER 7 ON JUNE 27TH, WITH POSSIBLE RV ANNOUNCEMENT IN COUNTRY OF A REVALUATION.
THE NORMAL IMF UPDATE IS ON THE 15TH AND 30TH. SUNDAY, JUNE 30TH THE RV IS UPDATED AND GOES INTERNATIONAL. IT MAY APPEAR ON FOREX WHEN IT OPENS ON JUNE 30TH.
WE MAKE APPOINTMENTS BUT RV MAY NOT BE PUBLIC UNTIL AS LATE AS TUESDAY, BECAUSE OF INTERNATIONAL BANKING CONSIDERATIONS.
REMINDER, THIS IS JUST ONE OF MANY SCENARIOS THAT RANGES FROM SOONER TO NEVER. HOWEVER, WITH EVERY THING I AM HEARING THIS SCENARIO IS PLAUSIBLE.
[cookiesdad] Midnight Blue .... sounds very in line with jester
[Midnight Blue] cookiesdad I LIKE AND POSTED IT, BECAUSE IT FALLS IN LINE WITH MUCH OF WHAT MANY ARE SAYING.
Read More Link on Right
[zorro] Midnight Blue Your intel helps us discern what to believe.
[tc0043] Midnight Blue Do you believe they can be released from 7, RV, and NOT ACTIVATE THE RATE????
[Midnight Blue] tc0043 I BELIEVE THAT THE IRAQI PEOPLE HAVE BEEN TOLD TO MANY TIMES THAT THEIR CURRENCY WAS GOING TO BECOME MORE VALUABLE THAN THE USD, FOR IT NOT TO HAPPEN NO MATTER IF IT IS REQUIRED OR NOT.
[Midnight Blue] ALSO NOTEWORTHY, IS THAT THE IRAQI PEOPLE HAVE BEEN TOLD THAT THIS WILL HAPPEN IN JUNE! THEY HAVE BEEN LIED TO BEFORE, BUT I THINK THIS IS TOO BIG OF A PROMISE NOT TO KEEP. IMO
[heyu288] Midnight Blue wheeewww i thought I bought the wrong deenar...
[FrenchTexan2] Midnight Blue Plus if they don't RV the go back into ch 7
[Midnight Blue] FrenchTexan2 I AM NOT SURE ABOUT THAT. CHAPTER 7 REQUIRES AN INTERNATIONAL TRADEABLE CURRENCY. I KNOW OF NO SPECIFIC VALUE THAT IS REQUIRED FOR THAT CURRENCY.
[FrenchTexan2] Midnight Blue I agree. I believe jester stated that it has to rv however did not say amount. For that I would look at the Kuwait rate.
[Midnight Blue] cookiesdad FrenchTexan2 I BELIEVE THAT THEIR WILL BE AN RV AND THE PRIDE AND HISTORY OF IRAQ AND IT'S PEOPLE WITH ALL OF IT'S RESOURCES WILL DRIVE THE RATE.
WHATEVER RATE IT IS, HAS BEEN NEGOTIATED AND RENEGOTIATED AND IS PROBABLY AGREED UPON BY KNOW. I AM JUST NOT AWARE OF A REQUIREMENT FOR ANY RATE TO GET OUT OF CHAPTER 7. IT JUST HAS TO BE INTERNATIONALLY TRADED AS FAR AS I KNOW
[FrenchTexan2] Midnight Blue agree. I am sure it has all been worked out.
[cookiesdad] Midnight Blue ... that has been the most discussed issue over the past month ... and no one seems to be able to come up with the correct answer
[Midnight Blue] cookiesdad FOR YEARS I HAVE POINTED OUT THAT THERE ARE SEVERAL COUNTRIES NOW WITH AN INTERNATIONALLY TRADEABLE CURRENCY WITH A RATE LOWER THAN 1165 TO 1 USD.
HOWEVER, THE PROMISES, PRIDE AND RESOURCES DICTATE AN IMO, NO MATTER WHAT THE UN REQUIREMENTS ARE OR ARE NOT.