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Antietam

Do You Really Really Still Believe In A Huge RV at This Point Seven Years Later?

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Thanks for the optimistic view point............these are the type (eeyore) responses that majority business meetings love to hear......how something can't or won't happen - not! Talk about how something CAN happen is productive. How something CAN'T or WON'T happen is easy and takes less use of ones brain & intelligence. To each his/her own -peace

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On ‎3‎/‎21‎/‎2017 at 5:36 PM, Synopsis said:

Hi RockFL9,

This part of the post you quoted of mine is your addition:

"I'm glad we can simply agree to disagree.  Good reply!

 

I suspect very few, if any, on any part of this forum are sufficiently acquainted with the practices or decision matrix of any government or international agency (like or similar to the BIS) or collaborative interactions with other agencies.

As such, I can not answer, " What good would it do if the CBI simply DECLARED a 10 cent RV BUT was not required to pay-out!." If this were the case, I would weigh what options I believe are best for me regarding the IQD with supportable assumptions of the best time to exchange the IQD.

I have no idea what the banking options are post event. I suspect very few do despite the chatter on various other sites.

I strongly suspect the BIS cares very little (really not at all) what any populace of any country thinks about their decisions and I don't think the BIS is going to announce to the populace of any country matters the BIS plans to implement for consideration or approval. The BIS will do what the BIS unilaterally thinks it aught to do whether in conjunction with other peer entities or alone.

 

:twothumbs:

I thought I gave a compliment for a level-headed reply.

The BIS is the clearing house for Central bank exchanges.  Back in the days when many banks bought and sold IQD there most likely was IQD traded between central banks. What if one bank had more than it wanted and no other bank would take it. Here is where that bank would go to the CBI and ask for an exchange and the CBI refused. The bank would go to the BIS with a complaint. The BIS would call in the governor of the CBI and attempt a resolution. I recall that in 2010 Shabibi  made a visit to the BIS???? IS THAT why banks  no longer sell IQD?  I would like to prove that , but I cant .  Some actions of the BIS are kept secret.

Simply the BIS main objective is to have all central banks operating under the same rules.

 

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1 hour ago, rockfl9 said:

I thought I gave a compliment for a level-headed reply.

The BIS is the clearing house for Central bank exchanges.  Back in the days when many banks bought and sold IQD there most likely was IQD traded between central banks. What if one bank had more than it wanted and no other bank would take it. Here is where that bank would go to the CBI and ask for an exchange and the CBI refused. The bank would go to the BIS with a complaint. The BIS would call in the governor of the CBI and attempt a resolution. I recall that in 2010 Shabibi  made a visit to the BIS???? IS THAT why banks  no longer sell IQD?  I would like to prove that , but I cant .  Some actions of the BIS are kept secret.

Simply the BIS main objective is to have all central banks operating under the same rules.

 

OK. I missed your point(s). Thank You for the compliment.

Go Moola Nova!

:twothumbs:

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