«Arab Monetary: 3 currency exchange systems and countries 'cooperation' dependent mechanism 'peg'

[yota691]

«Arab Monetary: 3 currency exchange systems and countries 'cooperation' dependent mechanism 'peg'

September 15, 2012 11:22 PM Last Updated: 15 Sep 2012 11:22

Confirmed the Arab Monetary Fund, the drainage systems prevailing in the global economies and Arab currencies, including 3 types first "floating fully" and that left to market forces by identifying currency exchange rate, as countries rely other system "peg a single currency or a basket of currencies" including states "cooperation", Jordan and Lebanon, as well as drainage systems combine the two systems ex. said Dr. Ibrahim Alkrasna head of training in the Fund during the "financial stability", which concluded yesterday at the Fund in Abu Dhabi "are diverse exchange in the Arab countries to 3 types ", pointing out that both of Jordan, Lebanon and the GCC countries peg its currency to fixed exchange rates against the dollar." he added, linking Libya and Syria their currencies unit SDRs, while Morocco linking exchange rate DRAM basket undeclared currency, where the Euro weight largest in the basket and determined central bank exchange rate Moroccan dirham daily, and selecting the minimum and maximum exchange rate of the dirham. explained that linking to a basket of currencies are choosing linkage system to a basket of currencies available, such as special drawing rights and baskets of other currencies, which is based usually currencies most important trading partners of the state. added Alkrasna adopt all of Iraq, Tunisia, Algeria, Mauritania and Sudan system "floating orbit of exchange", where value is determined currency in the market, according to the forces of supply and demand, and the government to intervene when necessary to re-route the exchange rate, in line with a group of standards including the status of the current account and foreign currency reserves, while dependent both Egypt and Yemen system floating exchange. pointed out that "free-floating" leaves the exchange rate freedom change continuously over time, consistent with market forces, and limited interference by the authorities in this case to influence The pace of change in the exchange rate only, and not to limit that change. said Alkrasna "refers literature on systems exchange rate that there impact of exchange rates on economic growth and have that influence either directly through the affected exchange rate or indirect impact of the exchange rate on each of the investment and trade and financial sector development. " indicate the economic theory that the effectiveness of countries to deal with the trade shocks depends primarily on the drainage system adopted in these countries, which in turn is reflected in the country's economic growth. "In case prices fall exports State, the reflection that economic growth depends on the exchange rate regime, whether fixed or floating, pointing out that the low price of exports will reduce state revenues, which will lead to a decline in economic activity, as well as in employment. " and "In the case of the adoption of the state rate system fixed exchange it requires the state to intervene to keep the exchange rate of the local currency by starting to buy the local currency, will reduce the availability of these currency, to grant facilities and investments, which will negatively impact on economic growth. " and stated that in the event of the adoption of the state to a flexible exchange rate or floating, The State is committed to intervene to raise the exchange rate results in a lack of foreign currency and lead to a further decline in the price of the local currency which will reflect positively on exports and thus an increase in economic growth. explained that the impact of the exchange rate regime based on the level of sophistication in financial markets, Since the flexible exchange rate is usually coupled with fluctuations high and that could have a negative impact on the economy unless the financial system is able to absorb shock and provide dealers with tools hedge occasion, so thought it must be a system developed financial if take advantage of the price flexible exchange.

http://www.mubasher.info/portal/ISX/getDetailsStory.html?storyId=2156542&goToHomePageParam=true&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+ar%2FISX%2Fnews+%28ISX+Arabic+News%29

[Elixirbaby]

All I can say is wow

[AkinNAUY]

Whoa...! NOW thats A BIG WOW...

Now I want to actually see it take place!

Edited September 15, 2012 by AkinNAUY

[hammer911]

SO, I am so exited and double WOW!!!!! It says this is adopted all of Iraq???? So does this mean they are letting the market drive it now or some day? Some one that knows more than me please ring in here......GO RV!!!~~~ Maybe I can finaly make my basket.... I have just been close for so long!!!!!

[Maggie123]

«Arab Monetary: 3 currency exchange systems and countries 'cooperation' dependent mechanism 'peg'

September 15, 2012 11:22 PM Last Updated: 15 Sep 2012 11:22

Confirmed the Arab Monetary Fund, the drainage systems prevailing in the global economies and Arab currencies, including 3 types first "floating fully" and that left to market forces by identifying currency exchange rate, as countries rely other system "peg a single currency or a basket of currencies" including states "cooperation", Jordan and Lebanon, as well as drainage systems combine the two systems ex. said Dr. Ibrahim Alkrasna head of training in the Fund during the "financial stability", which concluded yesterday at the Fund in Abu Dhabi "are diverse exchange in the Arab countries to 3 types ", pointing out that both of Jordan, Lebanon and the GCC countries peg its currency to fixed exchange rates against the dollar." he added, linking Libya and Syria their currencies unit SDRs, while Morocco linking exchange rate DRAM basket undeclared currency, where the Euro weight largest in the basket and determined central bank exchange rate Moroccan dirham daily, and selecting the minimum and maximum exchange rate of the dirham. explained that linking to a basket of currencies are choosing linkage system to a basket of currencies available, such as special drawing rights and baskets of other currencies, which is based usually currencies most important trading partners of the state. added Alkrasna adopt all of Iraq, Tunisia, Algeria, Mauritania and Sudan system "floating orbit of exchange", where value is determined currency in the market, according to the forces of supply and demand, and the government to intervene when necessary to re-route the exchange rate, in line with a group of standards including the status of the current account and foreign currency reserves, while dependent both Egypt and Yemen system floating exchange. pointed out that "free-floating" leaves the exchange rate freedom change continuously over time, consistent with market forces, and limited interference by the authorities in this case to influence The pace of change in the exchange rate only, and not to limit that change. said Alkrasna "refers literature on systems exchange rate that there impact of exchange rates on economic growth and have that influence either directly through the affected exchange rate or indirect impact of the exchange rate on each of the investment and trade and financial sector development. " indicate the economic theory that the effectiveness of countries to deal with the trade shocks depends primarily on the drainage system adopted in these countries, which in turn is reflected in the country's economic growth. "In case prices fall exports State, the reflection that economic growth depends on the exchange rate regime, whether fixed or floating, pointing out that the low price of exports will reduce state revenues, which will lead to a decline in economic activity, as well as in employment. " and "In the case of the adoption of the state rate system fixed exchange it requires the state to intervene to keep the exchange rate of the local currency by starting to buy the local currency, will reduce the availability of these currency, to grant facilities and investments, which will negatively impact on economic growth. " and stated that in the event of the adoption of the state to a flexible exchange rate or floating, The State is committed to intervene to raise the exchange rate results in a lack of foreign currency and lead to a further decline in the price of the local currency which will reflect positively on exports and thus an increase in economic growth. explained that the impact of the exchange rate regime based on the level of sophistication in financial markets, Since the flexible exchange rate is usually coupled with fluctuations high and that could have a negative impact on the economy unless the financial system is able to absorb shock and provide dealers with tools hedge occasion, so thought it must be a system developed financial if take advantage of the price flexible exchange.

http://www.mubasher....+Arabic+News%29

Thank You Yota, Were is our dear friend "Oleman:... I miss him.

Hugs to Oleman and his sweet wife.

Just Maggie

[ReVbo]

Sounds exactly like what Kaperoni and Enorrste suggested a few days ago.

[only 1-25k dinar]

Thanks Revbo, I was going to ask if it was...

[Carrello]

Sounds exactly like what Kaperoni and Enorrste suggested a few days ago.

I was thinking the same thing.....bingo!

[DropItLikeItsHot]

Yota +'s for ya!

Is the puzzle coming together or what?

First articles about Oil and Gas Law - 1 stating a decision of which of 3 laws will be used in a meeting before next Tuesday

Second an article about Miliki going to NY to meet with UN and officials to possibly lift Chapter VII next week

and now this, all I can say is I need my Thuggies!

DropItLikeItsHot Go RV

[yota691]

THIS WILL MAKE YOUR READING EASIER TO UNDERSTAND....

**** pointing out that both of Jordan, Lebanon and the GCC countries peg its currency to fixed exchange rates against the dollar

**** linking Libya and Syria their currencies unit SDRs

**** while Morocco linking exchange rate DRAM basket undeclared currency

**** where the Euro weight largest in the basket

**** and determined central bank exchange rate Moroccan dirham daily

**** and selecting the minimum and maximum exchange rate of the dirham

**** explained that linking to a basket of currencies are choosing linkage system to a basket of currencies available,

**** such as special drawing rights

**** and baskets of other currencies,

**** which is based usually currencies most important trading partners of the state.

**** added Alkrasna adopt all of Iraq, Tunisia, Algeria, Mauritania and Sudan system "floating orbit of exchange",

**** where value is determined currency in the market,

**** according to the forces of supply and demand,

**** and the government to intervene when necessary to re-route the exchange rate,

**** in line with a group of standards including the status of the current account

**** and foreign currency reserves,

**** while dependent both Egypt and Yemen system floating exchange.

**** pointed out that "free-floating" leaves the exchange rate freedom change continuously over time,

**** consistent with market forces,

**** and limited interference by the authorities in this case to influence The pace of change in the exchange rate only,

**** and not to limit that change.

**** said Alkrasna *** "refers literature on systems exchange rate that there impact of exchange rates on economic growth

**** and have that influence either directly through the affected exchange rate

**** or indirect impact of the exchange rate on each of the investment

**** and trade

**** and financial sector development.

**** " indicate the economic theory that the effectiveness of countries to deal with the trade shocks depends primarily on the drainage system adopted in these countries,

**** which in turn is reflected in the country's economic growth.

**** "In case prices fall exports State,

**** the reflection that economic growth depends on the exchange rate regime,

**** whether fixed or floating,

**** pointing out that the low price of exports will reduce state revenues,

**** which will lead to a decline in economic activity,

**** as well as in employment.

*** " and "

**** In the case of the adoption of the state rate system fixed exchange it requires the state to intervene to keep the exchange rate of the local currency by starting to buy the local currency,

**** will reduce the availability of these currency,

**** to grant facilities

**** and investments,

**** which will negatively impact on economic growth. "

**** and stated that in the event of the adoption of the state to a flexible exchange rate or floating,

**** The State is committed to intervene to raise the exchange rate results in a lack of foreign currency

**** and lead to a further decline in the price of the local currency

**** which will reflect positively on exports

**** and thus an increase in economic growth.

**** explained that the impact of the exchange rate regime based on the level of sophistication in financial markets,

**** Since the flexible exchange rate is usually coupled with fluctuations high and that could have a negative impact on the economy unless the financial system is able to absorb shock

**** and provide dealers with tools

THESE ARE THE OFFICAL CURRENCIES PEGGED TO THE USD

AS OF JUNE 2012

Pegged by 23 currencies

Aruban florin

Bahamian dollar (at par)

Bahraini dinar

Barbadian dollar

Belize dollar

Bermudian dollar (at par)

Cayman Islands dollar

Cuban convertible peso

Djiboutian franc

East Caribbean dollar

Eritrean nakfa

Hong Kong dollar (narrow band)

Jordanian dinar

Lebanese pound

Netherlands Antillean gulden

Omani rial

Panamanian balboa (at par)

Sealand dollar[citation needed]

Qatari riyal

Saudi riyal

Trinidad and Tobago dollar

United Arab Emirates dirham

Venezuelan bolívar

AS YOU CAN SEE THE IQD IS NOT ON THE LIST...IT IS NOT PEGGED TO ANYTHING..."YET"

Just because the CBI shows it to be compared to the USD and others does not mean it is.

HERE YOU CAN SEE THAT IT IS EVEN COMPARED TO THE SDR's

US dollar ........... USD .. 1166.0001.... 164.000

Euro .................. EUR ...1503.674 ....1502.922

British pound .......GBP ...1878.892 ....1877.953

Canadian dollar ... CAD ...1195.039 ....1194.442

Swiss franc ......... CHF ... 1245.993 ... 1245.370

Swedish krona ..... SEK .... 176.560 ......176.471

Norwegian krone ..NOK .....203.009 ..... 202.907

Danish krone .......DKK .....201.723 ......201.622

Japanese yen .......JPY .......14.972 ........14.964

Special

Drawing Rights ....SDR ....1796.678 ......1795.77

THAT IS WHAT WE ARE WAITING ON ....

FOR IT TO BE PEGGED ALONG WITH A NEW AND IMPROVED RATE

IN CASE YOU DID NOT KNOW;

Banknotes

Freq. used $1, $5, $10, $20, $50, $100

Rarely used $2, Not Circulated: $500, $1,000, $5,000, $10,000, $100,000

Edited September 15, 2012 by yota691

[SWFloridaGuy]

Thanks Yota

[yota691]

And a little more on the Arab Countries

1.13 trillion reserves Arab countries size of foreign currency by the end of 2012

September 15, 2012 11:21 PM Last Updated: 15 Sep 2012 11:21

Growth of 11% grow reserves the Arab countries of foreign currency by 11%, to $ 1.13 trillion dollars by the end of this year, compared with 1.01 trillion U.S. dollars last year, according to the report forecasts the investment climate in the Arab countries. said the report «jumped international reserves of foreign currency in the Arab countries of an annual average of 215.2 million during the period between (2000 - 2005) to $ 469.4 billion in 2006, to continue to rise thanks to oil revenues to 1,018 trillion dollars in 2011, with expectations continue rising to 1.133 trillion dollars in 2012 ». The report predicted that the rising value of international reserves in 13 Arab countries in 2012, compared to the previous year and down precautions in 4 countries, and settles in a single state. At the level of coverage ratio of international reserves to the number of months of imports of goods and services, the data indicate the presence of 11 Arab countries within acceptable limits where precautions cover country's imports of goods and services for a period of 5 months. He pointed out that the surge of indices Algeria and Saudi Arabia due to the inclusion of funds sovereign funds within the international reserves. The report addressed the performance of current accounts of the Arab countries, pointing out that the Net Arab default, has risen from 262 billion dollars in 2006 to 272 billion dollars in 2011, while the decline strongly to $ 39 billion in 2009. , adding that there is a decline in the surplus forecast in 2012 to 224.5 billion dollars, but the ratio of this net default to GDP (Arab average) declined from 19.4% in 2006 to 8% in 2010, and about 12% in 2011, with projection ببلوغها been 9.4% in 2012. During the year 2011 achieved 7 Arab countries, are the Gulf Cooperation Council (GCC), as well as Algeria, fiscal surpluses worth 304 billion dollars, compared to a deficit of $ 32.3 billion dollars in current accounts for the rest of the Arab countries «11 countries», with expectations of a decline surplus in those countries in 2012 to 258.5 billion dollars. As a percentage of GDP is expected improved performance of the current account in 2012 in 5 countries, namely Bahrain, Morocco and Yemen Tunisia and Lebanon. At the level of external debt situation improved Arab countries in general during the first decade of the twenty-first century, where index fell external debt as a percentage of GDP of about 64%, on average for the period between 2000 and 2005 to 47% in 2011. as volume of foreign debt total for the Arab States of 464 billion dollars in 2006 to 726 billion dollars in 2011, rising to 768.5 billion dollars in 2012. According to the international standards of the three issued by the Bank and the IMF of the limits of external indebtedness safe, data indicate an 11 Arab state within safe limits for external debt according to the first criterion, which do not exceed the debt ratio of the GDP exceeded 48% for 2011, while there are 5 Arab countries ranging where the ratio between 49.5 and 71.6%, two of which the ratio 148 , 2 and 161.7%. Regarding the second criterion on by external debt to export earnings of goods and services, which are within safe limits if did not exceed 132%, there is a smaller number of countries, and Regarding burdens external debt service to commodity exports The service, which is generally considered within safe limits if not exceed 25%, is found the number of acceptable from the Arab countries. expected improved indicators of external debt in 2012 compared to last year in terms of value in 4 Arab countries and improve according to index the ratio of GDP in 8 Arab countries. The report predicted that the growing average income of Arab citizens by 2%, up to 6973 dollars by the end of this year, compared to 6781 dollars last year, and compared with an average income of 4391 dollars in 2006. said the report »There is considerable variation between the per capita income in the Arab region, which is divided into 4 segments included the first 3 countries and the second tranche 4 countries are «Bahrain, Oman, Saudi Arabia, Lebanon», with an average high income ranges between 11.2 to 21.7 thousand dollars a year per capita, then slice and middle income ranging between 3, 1 to 5.1 thousand dollars a year, and includes 6 countries are »Algeria, Tunisia, Jordan, Iraq, Morocco and Syria», and finally a slice of low-income, ranging from 1.3 to 2.9 thousand dollars a year, and includes 5 countries are »Egypt, Sudan, Djibouti, Yemen and Mauritania ». The report pointed to the high number of the population in the Arab countries of 307 million people in 2006 to 335 million in 2011, with expectations of further increase to 341.4 million in 2012, with a note and a focus in 5 countries are «Egypt, Algeria, Iraq, Sudan and Morocco» , as it holds 64% of the total. constitute the six Gulf Cooperation Council 13% of the total population in the Arab countries, with an eight countries, 23% of the total Arab population, as representing the people in the Arab countries about 4.8% of the total population in the world's nearly 7 billion people by the end of 2011.

http://www.mubasher.info/portal/ISX/getDetailsStory.html?goToHomePageParam=true&storyId=2156541

Edited September 15, 2012 by yota691

[puckster_guy]

great job yota...looks like i can start planning my retirement as drop it says the pieces are coming together fast.

[sandstorm]

This is interesting. If Iraq will be a floating exchange rate, that means the cbi will not revalue, but will be market driven by demand. With all the embassies burning across the middles east......i see investors and speculators not having any demand for the dinar, given the utter chaos and uncertainty. So as of now, the supply is high and the demand is low. Iraqis still prefer usd. Im curious to see how the demand will be created, because im not seeing any now, even if it was floating right now.

[Carrello]

This is interesting. If Iraq will be a floating exchange rate, that means the cbi will not revalue, but will be market driven by demand. With all the embassies burning across the middles east......i see investors and speculators not having any demand for the dinar, given the utter chaos and uncertainty. So as of now, the supply is high and the demand is low. Iraqis still prefer usd. Im curious to see how the demand will be created, because im not seeing any now, even if it was floating right now.

Sandstorm, this is the theory that Kaperoni and Enorrste have addressed recently. Let it float, no RV, and no approval cycle from the GOI.

As the chaos in the ME is being revealed, it is known that there are a few small, radical factions that are causing the chaos. It is a very complicated issue, with each country having different issues, but they are not necessarily issues with the USA, but with their own country's government, unemployment, suppression, etc. In a few days I believe the demonstrations will have subsided.

Thanks sandstorm. I enjoy your perspectives.

[GinaG]

So about how long could this take? Just asking

Ok so when they bring out the small bank notes, Banknotes $1, $5, $10, $20, $50, $100 we will be moving in a more faster rate that we are all looking for.

[welcome007]

So about how long could this take? Just asking

Wondering the same thing..looks like it will be a while to reach 1-1 and they have to delete they 0s in 2013

[sandstorm]

Sandstorm, this is the theory that Kaperoni and Enorrste have addressed recently. Let it float, no RV, and no approval cycle from the GOI.

As the chaos in the ME is being revealed, it is known that there are a few small, radical factions that are causing the chaos. It is a very complicated issue, with each country having different issues, but they are not necessarily issues with the USA, but with their own country's government, unemployment, suppression, etc. In a few days I believe the demonstrations will have subsided.

Thanks sandstorm. I enjoy your perspectives.

I appreciate the comment. i agree. its small amounts of chaos...that could of been and can be controlled. The medias confusion about delting zeroes....from its on, its off, september, 2012, jan 2013, mid jan2013, 2015, etc is relaxing. the fact they have been saying all different things....then we start to see other news thats starts to line out imo, the direction to rv. recently, ive been more positive, seeing the swaying back and forth on deleting three zeroes. Its getting exciting.

Edited September 15, 2012 by sandstorm

[Carrello]

Wondering the same thing..looks like it will be a while to reach 1-1 and they have to delete they 0s in 2013

From what I understand, if Shabibi decided to go this route, he could have pulled the lever 3 seconds ago and we just don't see it yet. That is part of it: Shabibi won't need the GOI to do it.

[DropItLikeItsHot]

Sandstorm you bring up a good point "Im curious to see how the demand will be created"

I could be wrong but if they wanted to create demand, Shabibi could RV first to say 1 to 1 then go to a full float,

NOW THAT WOULD BE SWEET!!

DropItLikeItsHot Go RV

[teddyruxbin]

THIS WILL MAKE YOUR READING EASIER TO UNDERSTAND....

**** pointing out that both of Jordan, Lebanon and the GCC countries peg its currency to fixed exchange rates against the dollar

**** linking Libya and Syria their currencies unit SDRs

**** while Morocco linking exchange rate DRAM basket undeclared currency

**** where the Euro weight largest in the basket

**** and determined central bank exchange rate Moroccan dirham daily

**** and selecting the minimum and maximum exchange rate of the dirham

**** explained that linking to a basket of currencies are choosing linkage system to a basket of currencies available,

**** such as special drawing rights

**** and baskets of other currencies,

**** which is based usually currencies most important trading partners of the state.

**** added Alkrasna adopt all of Iraq, Tunisia, Algeria, Mauritania and Sudan system "floating orbit of exchange",

**** where value is determined currency in the market,

**** according to the forces of supply and demand,

**** and the government to intervene when necessary to re-route the exchange rate,

**** in line with a group of standards including the status of the current account

**** and foreign currency reserves,

**** while dependent both Egypt and Yemen system floating exchange.

**** pointed out that "free-floating" leaves the exchange rate freedom change continuously over time,

**** consistent with market forces,

**** and limited interference by the authorities in this case to influence The pace of change in the exchange rate only,

**** and not to limit that change.

**** said Alkrasna *** "refers literature on systems exchange rate that there impact of exchange rates on economic growth

**** and have that influence either directly through the affected exchange rate

**** or indirect impact of the exchange rate on each of the investment

**** and trade

**** and financial sector development.

**** " indicate the economic theory that the effectiveness of countries to deal with the trade shocks depends primarily on the drainage system adopted in these countries,

**** which in turn is reflected in the country's economic growth.

**** "In case prices fall exports State,

**** the reflection that economic growth depends on the exchange rate regime,

**** whether fixed or floating,

**** pointing out that the low price of exports will reduce state revenues,

**** which will lead to a decline in economic activity,

**** as well as in employment.

*** " and "

**** In the case of the adoption of the state rate system fixed exchange it requires the state to intervene to keep the exchange rate of the local currency by starting to buy the local currency,

**** will reduce the availability of these currency,

**** to grant facilities

**** and investments,

**** which will negatively impact on economic growth. "

**** and stated that in the event of the adoption of the state to a flexible exchange rate or floating,

**** The State is committed to intervene to raise the exchange rate results in a lack of foreign currency

**** and lead to a further decline in the price of the local currency

**** which will reflect positively on exports

**** and thus an increase in economic growth.

**** explained that the impact of the exchange rate regime based on the level of sophistication in financial markets,

**** Since the flexible exchange rate is usually coupled with fluctuations high and that could have a negative impact on the economy unless the financial system is able to absorb shock

**** and provide dealers with tools

THESE ARE THE OFFICAL CURRENCIES PEGGED TO THE USD

AS OF JUNE 2012

Pegged by 23 currencies

Aruban florin

Bahamian dollar (at par)

Bahraini dinar

Barbadian dollar

Belize dollar

Bermudian dollar (at par)

Cayman Islands dollar

Cuban convertible peso

Djiboutian franc

East Caribbean dollar

Eritrean nakfa

Hong Kong dollar (narrow band)

Jordanian dinar

Lebanese pound

Netherlands Antillean gulden

Omani rial

Panamanian balboa (at par)

Sealand dollar[citation needed]

Qatari riyal

Saudi riyal

Trinidad and Tobago dollar

United Arab Emirates dirham

Venezuelan bolívar

AS YOU CAN SEE THE IQD IS NOT ON THE LIST...IT IS NOT PEGGED TO ANYTHING..."YET"

Just because the CBI shows it to be compared to the USD and others does not mean it is.

HERE YOU CAN SEE THAT IT IS EVEN COMPARED TO THE SDR's

US dollar ........... USD .. 1166.0001.... 164.000

Euro .................. EUR ...1503.674 ....1502.922

British pound .......GBP ...1878.892 ....1877.953

Canadian dollar ... CAD ...1195.039 ....1194.442

Swiss franc ......... CHF ... 1245.993 ... 1245.370

Swedish krona ..... SEK .... 176.560 ......176.471

Norwegian krone ..NOK .....203.009 ..... 202.907

Danish krone .......DKK .....201.723 ......201.622

Japanese yen .......JPY .......14.972 ........14.964

Special

Drawing Rights ....SDR ....1796.678 ......1795.77

THAT IS WHAT WE ARE WAITING ON ....

FOR IT TO BE PEGGED ALONG WITH A NEW AND IMPROVED RATE

IN CASE YOU DID NOT KNOW;

Banknotes

Freq. used $1, $5, $10, $20, $50, $100

Rarely used $2, Not Circulated: $500, $1,000, $5,000, $10,000, $100,000

If they want to RV with it pegged to the dollar they better get their butts in gear.

While the dollar still actually has any value to give.Otherwise the Dinar will get dragged down even further by the collapsing Dollar

[katie45]

Not to toot anyone's horn, but this makes all the RV gurus look like ch*t. Free lap dance for Enorrste and Kaperoni.

[Alex38]

If they want to RV with it pegged to the dollar they better get their butts in gear.

While the dollar still actually has any value to give.Otherwise the Dinar will get dragged down even further by the collapsing Dollar

I agree! Let her rip!! Cut it loose!!!

[zigmeister]

Does this mean Mr. E and Mr. K are the only guru's to be right? Ever?

[gp49]

Thanks yota! Another great informative and exciting post and your breakdowns and comments really help me to understand...much appreciated