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Showing results for tags 'bs rumor'.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt .... RON yada We are in the midst of the process...close enough to see the rate...A good week for us. As to how fast is of no matter, the fact is it has started...The activation of the ISO 202022 [international standard for relaying electronic messages between financial institutions.] was activated today so all the digital systems are connected. The SWIFT system on steriods connected with the regional BUMA system who will clear the dinar. And when the lower denoms are released - it's the trigger for us for the rate to be released. And NOW, a bit of BS from one of our clowns: MarkZ We are seeing some really substantial rates bouncing around the screens. $6.80 has been one we have seen for the dinar. We don’t know if that is a real rate or a place holder. We are also seeing dong showing up over $4 regularly. We really don’t know if they are placeholders or real rates... I'd love to know what screens they are watching - pure BS...RON
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... Especially if it comes from Mark... RON Frank26 [Q? : How long with the float last?] ...6 months - a year. They'll give it plenty of time. They are not just going to stop it without telling you. But they will start it without telling you. Samson Article: "Al-Nusairi announces the release of his new book, "The Central Bank of Iraq...The Journey of Challenges and Achievements 2003-2022" Quote: "The book reviews the challenges that the Central Bank of Iraq faced during twenty years, the policies, programs and strategies it adopted and the achievements that achieved its goals" And now we come to Mark's latest MarkZ ...folks in groups are expecting a lot to happen tomorrow. I think they are still premature…but there has been fantastic chatter. I am not hearing anything negative…I’m just trying to keep us all grounded. Its been an encouraging day…nothing negative and nothing earth shattering either. I was really expecting a lot more today...Based on everything I am seeing I am fairly confident we will be going in January. My contacts may have egg on their faces by next week if we have not already gone by then. But, we are watching serious solid progress day in and day out….
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So take everything with a grain of salt ... Especially if it comes from Mark or Ray ... RON Nader From The Mid East In My opinion the country can be fixed - yes. The dinar can goes up yes...[but] people all over the world are holding 70 trillion dinars in their hands. Cash. ...Some of you own 1 million...10 million...50 million...IMO as long as we have too much cash...the dinar is not gonna gain value...Who are these people..? Not that much owned by ordinary people like us - Several countries, Banks maybe, Maliki & his ilk, Globalist millionairs, but I believe the CBI has a pretty good handle on where. Militia Man Article: "International Standards in Banking with the CBI" Quote: "facilitate the movement of banking transactions and trade exchange in accordance with international standards." What is not to like about this? Not only is the USA involved, China is too. Don't forget that China has been added to the IMF SDR basket, first to be added in 50 years. So it is not surprising that China would be involved in some shape of form with Iraq. MarkZ Many articles out showing Iraq is positioned to move into the world scene. Have you ever seen a country move onto the world scene as an economic powerhouse that has a currency worth nothing??? Well there isn’t one. KandG Article: "What is meant by currency float? What are its advantages and disadvantages?" Very interesting to see an article such as this - WHY would you ever talk about a float - to educate the Iraqi citizens maybe? - maybe you have just told on yourself on what you are doing? Clare Article: "In numbers, the central bank reserves increased by 46% of the foreign currency" Quote: "The central bank's reserves amounted to 96 billion US dollars, an annual increase of 46%, and the value of the cash currency exported increased to reach more than 84 trillion Iraqi dinars, an annual increase of 10%. %" Frank26 [Iraq boots-on-the-ground report] FIREFLY: Banks have been open the last two days to sell dollars to citizens. This looks good because they are collecting 3 zero notes! Pimpy There are some games being played with the Iraqi dinar and it looks like Al-Sudani is looking for ways to put a stop to this. I really think it's a cat and mouse game between America and China and Iraq's right in the middle of it. yada [Q? : I wish I could find evidence that the dinar is no longer pegged to the US dollar but I can't. Can anyone help?] The evidence is in front of you. The fluctuation of the dinar and dollar the past 15 days was it. It had never move this much prior to this because it wasnt, it was moving up and down. And going forward, the Float in itself is proof. And now for some of MarkZ's outrageous Nonsense..! MarkZ .....What we are hearing from the banking side of this…I got one great message overnight that simply said “S*** has started”...I am hearing very positive things that the ball has started rolling last night…but, I don’t know what that means for us timing wise…yet. I am getting positive feedback from meetings with no specifics... We didn’t get the smoking gun overnight we hoped for but I am not worried as we are starting to see steady progress. Same BS as yesterday...LOL..!