EXOGEN > IF WE DO NOT SEE THIS IN THE COMING DAYS SOMETHING VERY SINISTER IS AT PLAY.
Jana The ZIM is live on Forex & other sites, EXO said it IS trading but not for us. How in the heck do we get in on this? This is crazy, yeah NO RULES is right.
Ron Burgundy > Jana Those rates are for the ZWL notes. I am not sure what you are holding, but the ZWL is NOT the same as the 2008 / 2009 50-100T notes
BlueBeach > Ron Burgundy Correct Ron. The ZWL is the new Zimbabwe currency - the RI. The question is, how will the ZWD fit into the equation and will it? Will only Wealth Manager and/or groups be able to convert their ZWD's to new notes?
Chrisdaddy GT..Didn't want to sound stupid for asking that ....but if it is showing on Forex..I would assume you could exchange...
G T > Chrisdaddy Remember .....Forex is A TRading site & Aparently we don't have the right Notes (that's Live on Forex)!!!
Jana > DKC, when someone asked earlier about the 10T note being worthless, EXO said NO, NOT AT ALL. IDK
Aloha Leslie Just a thought... IQD will RI first. If they didn't make the dinar RI law, then there would not exist any legality to be able to pay first in-country debts. This value will not show up on the CBI website until it goes to the international level. Maybe that's what's happening with Zim. IDK
OilRat Everyone needs to take a deep breath!!! The new ZWL is similar to the new TRN's. Zimbabwe will begin trading and then it will go live to public at the same time as all the other RV'd currencies.
This is all good news as it should be a notice to us all that it's all about to break lose, for the good.
Be diversified as best you can, but nobody will be left out. JMO
Dr. Mark I believe the elephant in the room is: "Those who have the 50 and 100T 2008 AA notes" will they be tradable upon RI/RV" as obviously these, at this time, are non-negotiable. This is what everyone is trying to understand.
D.K.C. > The Zim most Dinarians bought was always a long-shot.....At this point all we can do is take it with us when we go to our exchange apt and see if it is exchangable or worthless....and hope for the best
nana7 > OilRat EXOGEN > Vinman October 1, 2014 at 11:16amTHE QUESTION IS WHICH NOTES ARE TRADING, AND BASED ON WHAT WE HAVE HEARD THE ZIM IS LIVE BUT IT MAY NOT BE THE NOTES WE HAVE. OTHERWISE WE COULD GO TO THE BANKS. THE ZIM WAS REINSTATED AROUND AUGUST 29TH
Aloha Leslie > nana7 I believe it was reinstated so the government could legally pay off its debts. It will go International...???? Soon, I hope.
Kudu70 So, if Zim RI'd yesterday, is there now a 10 day window for the world to accept the RI? That is what we heard when Iraq RI'd in Feb under Maliki, and then again 3 weeks ago under Abadi.
Also, within the RI time, doesn't forex allow trading to begin on the back room formats, to 'prime the pump' for international trading amongst all traders (including civilian traders) once it goes live?
After the 10 day window is done and internationally accepted, will it then RV at the rates we were expecting?
EXOGEN > Kudu70 THE ZWL IS NOT THE CURRENCY MANY OF US HAVE PURCHASED…How many times have we told you to have multiple currencies in your portfolio?
Joey > EXOGEN Will the other ZIM, (ZWD, ZWR) convert to ZWL at exchange? Is the move an example how the other currencies transition from IQD to IQN, VND to VNN, etc...?
EXOGEN > WE ARE SAYING HAVE A PORTFOLIO OF SPECULATIVE CURRENCIES AND YOU WILL BE OK
James People i dont understand why no one will tell you this but the ZIM has simply been reinstated and when they did this it was RI'd @ the rate it was when it was suspened so we can just calm down and if it is RI'd we should legally be able to cash out @ the rate its at right now but i'll just wait.
THIS IS A GREAT THING !
NewEarthNow EXO - PLEASE - Did you really mean that BOTH the dollar and gold are about to go DOWN in a big way? Thank you!
EXOGEN > NewEarthNow YES GOLD WILL EVENTUALLY COME BACK UP AS THE INSTITUTIONAL INVESTORS ARE NOW HOARDING IT AND BUYING IT WHILE IT IS LOW, SO THEY HAVE MORE, WHEN THEY DRIVE THE PRICE BACK UP
Aloha Leslie > NewEarthNow I don't think that's what will happen NEN. Gold will rise and the dollar will go down. The natural, manipulated, flow of things. LOL IMO However, I'm no expert... :)
EXOGEN > NewEarthNow THERE WILL BE A FREE FALL YES….SEE PEOPLE ARE NOW PARKING MONEY INTO THE INFLATED USD THAT HAS BEEN INCREASING. PEOPLE ARE MOVING MONEY FROM GOLD WHICH IS DROPPING AND PARKING MONEY IN THE FRN'S AS THEY SEE THE NUMBERS INCREASING
FD > EXOGEN The question is for how long FRNs will stay up?
MJSeeker Tony said RI happened several months ago. What's up?
EXOGEN > MJSeeker THERE ARE SO MANY RULES NOT FOLLOWED WITH THE IQD, IT WOULD TAKE US WEEKS TO EXPLAIN IT ALL
EXOGEN ABADI HAS NOT DELIVERED YET
Fullofit What in the world is IRAQ thinking now? They rather listening to O then country RIOTING? What a bunch of IDIOTS.
EXOGEN > Fullofit BEHIND THE SCENES MALIKI IS ORGANIZING MORE PROTESTS AS WELL AS HE HAS A TRIAL COMING UP AND THE COUNTRY IS INVESTIGATING HOW MUCH MONEY HE STOLE FROM THE BUDGET
nana7 > EXOGEN Why don't they just arrest him already!! Or throw him out of the country or have someone take him out??
EXOGEN THE POTENTIAL UPRISING OF IRAQ CITIZENS WILL EXPEDITE HELPING US GET WHAT WE WANT
L T If Abadi can pull this off in the last minute it would serve a dual purpose. Not only giving the people what they want but also helping Abadi cut the puppet strings of the usg who want to delay this by doing it for the sake of his people. Here's to hoping! ;)~
EXOGEN > L T MALIKI IS PRAYING THAT ABADI DOES NOT GET THIS BUDGET PASSED AND OPENED AND REVISED QUICKLY WITH THE NEW OIL NUMBERS
Royal: ZIM IS trading according to Bloomberg >> 1 Zimbabwean Dollar (ZWL) is equal to 0.0031 United States Dollar (USD)
Donnariet: BUT, THE POINT IS THAT IT NOW SHOWS UP ON BLOOMBERG EXCHANGE SITE AS "ZWL", AND THERE IS PERHAPS NOT THE FINAL RATE, BUT A RATE NONETHELESS, IS THIS NOT THE POINT?
MDJ: 10-1-14 tman23: Confirmed everybody is getting paid this week in Iraq...There is to be a planned announcement Wednesday evening.
[Papa Bear] Folks read Anonymous. Is a friend
[Dinarblessed] When George Lucas was mixing the American Graffiti soundtrack, he numbered the reels of film starting with an R and numbered the dialog starting with a D.
Sound designer Walter Murch asked George for Reel 2, Dialog 2 by saying "R2D2".
George liked the way that sounded so much he integrated that into another project he was working on.