Iran Now a factor in the RV?

[RVWITHME]

I don't know about most here at DV, but I have a pretty good idea. Waiting for this "RV" has become exhausting!

Now we have rumors that Iran is somehow involved in the RV..... WHAT the???

Makes me wish I had bought more Bitcoin 2 years ago, but at least the item I highlighted in Red below gives some hope for the future.

And now, here's the latest rumor for your "entertainment".

 

 

Sunday November 24, 2013

Dinar-Gate Escalates
 

by Tom Heneghan, International Intelligence Expert

  UNITED States of America -  It can now be reported that the Iranian nuclear deal that was agreed on today between the international community and Iran has nothing to do with non-proliferation but everything to do about money and greed.

The announcement of the deal with Iran created immediate increase in the value of the Iranian rial.

Note: Congratulations to the Israeli Foreign Minister for bringing this out today on CNN.

Related:

This latest Ponzi Scheme dovetails to the Iraqi Dinar and Vietnamese dong Ponzi Scheme that involves stolen U.S. Treasury funds that took place post 2008 financial crisis during the later days of the BushFRAUD Administration in late 2008.

 

A Confused World Reacts To The Iran Nuclear Deal

Submitted by Tyler Durden on 11/24/2013

http://www.zerohedge.com/taxonomy/term/8419

U.S. Treasury funds were laundered into the Central Bank of Baghdad and then, with the help of Wells Fargo, JPMorgan Chase and U.S. Citibank, illegally converted to Iraqi dinar.

The funds which sat in the Central Bank of Baghdad in Iraq have now been illegally laundered back into a Wells Fargo branch in Reno, Nevada.

Note:  The Iranian rial and Iraqi dinar usually trade in tandem with each other.

At this hour IMF Managing Director Christine Lagarde and U.S. Treasury Secretary Jack Lew have ordered a full investigation and a freezing of all FOREX currency related accounts tied to Wells Fargo and Citibank reference Iraq and Iranian rial.

At this hour banks remain broke with massive bank asset deleveraging continuing.

The privately owned U.S. Federal Reserve (out of cash) is using illegal cross-collateralized derivatives (tied to the Iraqi dinar-Iranian rial ponzi scheme) as collateral to fund credit default swaps to continue to try to ‘bail out’ insolvent European banks, specifically German Deutsche Bank, Union Bank of Switzerland, and last but not least the Bank of England.

Reference:  Last Friday Bank of England officials announced they have no plans whatsoever to raise interest rates.  So much for Bloomberg News propaganda.

WARNING TO INVESTORS:  Beware of the British pound, Swiss franc and euro currency bubble.  All three currencies may soon be replaced by the Iraqi dinar-Iranian rial.

Question:  Will the Fed taper or won’t they?   taper paper paper taper

 

[The Machine]

thats funny ..... the Pound, Euro and Franc are all in better shape than the dollar .... yet no mention of the dollar.

 

pure hype for an American Audience ...... Thanks for bringing it over but I' not buying it.

[TBomb]

This theory is only viable (in part) as long as, and IF, Maliki is funneling money to Iran and Syria in order to help their political/socio-economic/secatarian driven adverse economies (sanctions, etc).  We still have six months to wait and see if Iran stops and removes their nuclear weapons programs, as Obama has stated that he's for lifting economic sanctions if Iran goes along with this new plan (doubtful). So, if Iran's Rial raises in value to a point where it invalidates their need for IQD (again, that's IF IQD is being smuggled into their economy to help it, which there is a good chance it is), then there MAY be a chance that the IQD COULD raise in value. This chance is remote IMO, but I'm no economist.  Then, since we have elections coming up and if Maliki goes and we get a new PM - we have to hope he's not another Iranian puppet and that he truly wants to help the economy. Lots of "if's".  Some say Maliki wants to potentially raise the value in hopes of re-election, but to me, this begs the question; IF he does this, will a change in value come in time to show positive results enough to gain him re-election?  Again, way too many "ifs" in this scenario..as usual. 

Edited November 24, 2013 by TBomb

[keepmwlknfny]

The only thing in the way of Iraq raising the value of their currency is themselves.....

[billio0]

I just love a good conspiracy rumor that's tied to our investment in IQD, and has an international flavor to it as well.

 

What a wonderful way to spend our pre-Thanksgiving holiday Sunday afternoon pondering all of the possibilities.

 

I for one personally don't give a rat's you-know-what whether any of this is actually true or not. Yet, is certainly beats by a long shot the usual TNT Tony/Frank26-Delta phony baloney we get served up to us each Thursday thru Sunday, and I certainly welcome the refreshing change.

 

Thanks so very much RVWITHME for sharing this interesting and intriguing post.

 

Now, let's get back to the reality of waiting this thing out!

 

Billio0

[umbertino]

thats funny ..... the Pound, Euro and Franc are all in better shape than the dollar .... yet no mention of the dollar.

 

pure hype for an American Audience ...... Thanks for bringing it over but I' not buying it.

But as you know there's much crisis in many Euro Countries.

[dontlop]

I don't think there's any factor in Iraqis payment system besides Iraqis govt

The cbi will implement what it's told to implement and they will manage what they are told to manage

The cbi is owned soley by the govt of Iraq it's not a private entity

The govt decides whether they make payments in penny's or dollars or five dollar bills

The IMF has a standard set up in monetary units one unit was set at one US dollar years ago

Iraqis currency is set in so many monetary units per one dinar by the govt of Iraq

Not the world bank or the us govt or IMF

But by the Iraq govt

They will set it based on their economy

Right now the Iraqi dinar value is set to low

China's currency is set to low

They should increase its value to even up global trade

Ever notice how the world community is always sayin China's yuan is under valued and they want its exchange rate increased to even the playing field for foriegn trade

Oil country's usually end up with trade surpluses

They need to adjust its exchange rate

[dontlop]

DOLLARIZING ECONOMIES

•El Salvador and Guatemala dollarized economies in 2001; Argentina, Brazil and Lithuania “pegged” their currency to the dollar while keeping their own currency in circulation;

•Two reasons for dollarizing economies—need for a stable currency and to curb inflation (Schaeffer, 56). Switch to dollars makes it difficult to raise prices, not enough dollars to make purchases;

•Problems with dollarizing economies– country surrenders ability to make monetary decisions; U.S. officials make decisions w/out consulting other countries;

•Create two-tiered economies---people with access to dollars obtain advantage; “Dollar apartheid” People with dollars bid up prices of local goods and services;

http://www.sjsu.edu/people/saul.cohn/courses/116/s1/Understanding%20Globalization$$andInflation13_sept.16.pptx

[moose 57]

The only thing in the way of Iraq raising the value of their currency is themselves.....

ya!! 

[dontlop]

Just as there are trade deficits and surpluses, there are also capital deficits and surpluses. A capital deficit occurs when more money flows OUT of the U.S. than flows INTO the U.S. A capital surplus occurs when more money flows INTO the U.S. than OUT of the U.S.

Capital surpluses/deficits are directly related to trade surpluses/deficits. If the U.S. is running a trade deficit, we are basically buying a bunch of foreign goods on credit. Thus, other countries are lending us the money. This means that money is flowing into the U.S. and we are running a capital surplus. So a trade deficit is associated with a capital surplus.

Again the flow of money across borders complicate domestic policy. In particular, it complicates monetary policy.

Consider the example of monetary restraint. When the Fed attempts to decrease the money supply and increase interest rates, the higher rates attract money from other countries, and the additional money available will push interest rates back down.

So any policy that changes interest rates change the flow of money in and out of the U.S. This also impacts the exchange rate, which is the value of the U.S. dollar relative to other currencies (like the Japanese yen or the French franc). With higher interest rates, U.S. investments are more attractive, so everyone needs dollars to buy them. This increases the value of the dollar relative to other currencies. A higher dollar makes imports (like Toyotas) cheaper but makes exports (like Saturns) more expensive in Japan. So a higher dollar increases the trade deficit.

[dontlop]

http://www.oswego.edu/~edunne/200ch18.html

[dontlop]

A higher dollar increases trade deficit which increase Capital surpluses

What is capital .....its currency

What's currency ......its debt notes

Why buy debt ........for the interest payments on debt

They lend us goods "(money)" for the interest

[Butifldrm]

Well, there may some indirect truth,that the lifting of sanctions on Iran may help improve the value of the Iraqi Dinar.  For years the CBI has had a problem controlling the the flood of dollars entering Iran out of Iraq.  So now with the impending legal restrictions on money laundering and the lifting of economic sanctions on Iran, the CBI may have a bit more control over the black market price of the Dinar.  If they can just reach that 2% disparity between the CBI rate and the market rate, they will be within compliance to move into article VIII.  For Iraq, the lifting of sanctions on Iran, is a good deal.  Also , puts less pressure on Maliki to support Iran and put more effort into his own country.

[dontlop]

The us trade deficit is draining our economy

The trade surpluses are growing Iraqis economy

[Butifldrm]

The us trade deficit is draining our economy

 

For sure!  Just wait until TPP is approved, it's NAFTA on Steroids, plus more!

[sandfly]

THANKS

[Driver]

and Beans 

[Texas1]

THANKS

special

[DinarThug]

Ed

[Driver]

Mr.

Ed

[ReinMan]

I think the only link to the Iranians is Maliki,being Shia.

Therefore, he must be stalling because Iran says "Hey could ya hang on a minute? We gotta deal with this thing here."

Therefore, any RV hasn't even left Iraq's hands!

 

OR, it's just the latest ruse to keep the pot stirring, thinking the public will jump on a tittilating tidbit and pump that.

Why not both?

IMO, Iran has nothing to do with this if it's really supposed to pop this week...... (right?)

If Iran DOES, we're waiting a while.

I'm not reading any articles, just show me the rate change.

With the rate change comes new currency either to go along side of the current or REPLACE the current, complete with decimal coins, and when that happens the world will know right away.

 

[yota691]

Quote from an Article...for the kia Nuclear deal falling oil prices and revive money markets

 

And recorded contracts for delivery in January of Brent crude fell by 2.5 percent in London, Monday, less 2.4 dollars to hit 108.66 dollars per barrel, as the price of a barrel of light around 1.5 dollars to reach 93.33 dollars per barrel.

The atmosphere reflected that the money markets, where the DAX rose by 0.7 percent in European trading and the FTSE rose also rose 0.4 percent.

In Asia, Nikkei in Japan, up 1.5 point in time, which increased the ASX Australian one-third of a percentage point.

Edited November 25, 2013 by yota691

[yota691]

Turkish lira strengthened against the dollar by the agreement Iran

 

 

 

 

Lira recorded the strongest rate since the beginning of November

12:31

25

November

2013

Istanbul - Agencies

Boosted the lira Turkish lira to 1.9997 dollars from 2.0112 in late trade on, on Monday, after reaching an agreement with Iran to curb its nuclear program in return for an easing of sanctions, which cut the price of oil .

The lira recorded stronger price since early November also supported steps from the central bank in recent times to tighten monetary policy.

India ready to convert dues after Iran nuclear deal

New Delhi - Reuters

Monday, November 25, 2013

Preparing refining companies Indian to convert the amounts owed ​​by the oil companies Iranian early, probably next week, after reaching a historic agreement to curb Iran's nuclear program, which will allow exporters to convert billions of dollars to Tehran. were Iranian exports fell by more than half and lost revenues up to 80 billion dollars since the beginning of 2012, according to estimates by the White House.allows new agreement for Iran received 4.2 billion dollars from the proceeds of the sale of oil deposited in offshore accounts, if fulfilled its obligations stipulated in the nuclear agreement within six months. China, India, South Korea and Japan, the biggest buyers of Iranian oil in Asia. According to government sources and refining companies, condemns India, the second largest buyer of Iranian oil, about 5.3 billion dollars in exchange for oil imports. said b. B.Oubadia, general manager at the refinery, "Mangalore", which is one of the biggest buyers of Iranian crude: "We will start repayment next week if possible." and a government official explained that "the repayment will begin work immediately after payment mechanism via Turkey." 

Edited November 25, 2013 by yota691

[Boozer]

THANKS 2

Edited November 25, 2013 by Boozer

[DinarThug]

THANKS 2

The Sequel - Starring SandFly

Coming This THANKSgiving To A Theater Near U