RV-2-Day

Please explain how getting to a 1 to $1 is not an RV?

Adam I have a basic question. Given all the scenarios, what do you think will be the final straw that makes Iraq pull the trigger (no pun intended) to do the RV on one day or another?

Then again maybe the CBI is planning to reject half of the bills (but keep them and turn over to US & Europe) thereby with a 1:1 RV it will only cost them $.50

Also - can I have all the rejected bills😄

I agree with whom ever said it that this is Big. It sets the stage for a potential RV of at least 1:1 otherwise why would an Iraq citizen turn it in (other than being compelled). Obviously they are not going to give an RV date but did anyone decipher a timeframe implied by this statement?

Am I missing something -- it's not the Dinar that needs to be uncirculated but the Dollar or Euro that they are turning in The Central Bank of Iraq on the criteria that are relied on in the rejection of banknotes of the dollar and euro in the process of counting and sorting.

"Over here" - does that mean Iraq ? Hmmmm

How about in Revelations 16:21 From the sky huge hailstones, each weighing about a hundred pounds, fell on people. That could ruin your day

I thought I'd add a few comments to consider regarding taxes and diversification given the massive debt loads. Going to the bank and exchanging a $100 bill for 5 $20 bills is not a taxable event. After the RV could we go to the exchange and convert a 25000 Dinar note for 250 100 dinar notes, again not a taxable event. Why do we expect an RV -- because the Dinar has hard assets (oil, minerals/metals) backing it. Therefore holding Dinar will possibly be a good diversification. Another idea - buy gold miners stocks -- assuming the company is viable, the value remains regardless of what currency is supreme. An added bonus is the stocks usually go up exponentially in regards to the gold prices. Some ideas to stir the pot

Adam, I have a more basic question. With all that has happened they surely "can" RV and I as everyone want them to. However, what will make them want to do it now vs a month, or say 6 Months from now? What makes the trigger be pulled?

Nah - he's just getting the RV notice its final polish to send out.

What is the latest status of the Vietnamese Dong revaluing? Do you have any insight?

Maybe it was already discussed (I didn't go through the entire thread) but not only are they accepting the Yaun as payment but they are backing it up with gold. https://asia.nikkei.com/Markets/Commodities/China-sees-new-world-order-with-oil-benchmark-backed-by-gold

D I N A R R+V 04 09 14 01 18 18+22=40

Adam Per the articles below China singed an agreement to develop the oil fields and are backing their purchases with gold. I see this bullish for the Dinar and Gold an a future problem for the dollar value and the dollar as a reserve currency (Crypto positive also). What is your opinion of this in regards to the RV? http://www.middleeasteye.net/news/chinese-company-develop-big-oil-field-near-iraqi-capital-2132218702 https://asia.nikkei.com/Markets/Commodities/China-sees-new-world-order-with-oil-benchmark-backed-by-gold