ronscarpa Posted September 9, 2019 Report Share Posted September 9, 2019 9-8-2019 Intel Guru Frank26 ...we all know by now that the central bank of Iraq is in the process of lifting the value of their currency...there's no sense in putting the dinar, the new small category note, in their [citizens] hand before we raise the value...all that they've done in the massive campaign has made the citizens aware...the next step would be to raise the value NOT to give them what they've been seeing [lower denoms] just yet because it has no value. Once the value is raised...they will get the new small categories...it may float. It may not float. It may come out BOOM! direct at some large number...that's where I think we're at... 9-8-2019 Intel Guru RVAlready Article: "Revealing a study to delete zeros from the Iraqi currency" If you know the history of this, it is easy to see the delay article from Iraq is pure bull. Most of the intel providers are saying soon, and Iraq has been busy for weeks educating the citizens on the RV, new LDs , and coins... 9-8-2019 Intel Guru Frank26 [Question..? : If we have a 25K note and went to a satellite bank and the rate was $2.00 would we get $50,000?] You see, inside of Iraq that 25k note is 25 dinars. But outside of Iraq that 25k note is still a 25k note...if it was 2 to 1 you'd have $50,000 American dollars...if you had a million dinars and the rate was 1 to 1...you're going to get $1 million dollars...it's not complicated... 9-8-2019 Newshound Guru Kaperoni There's a pretty good article that came out the last day or so pertaining to the CBI joining the official forum of monetary and financial institutions (OMFIF). I think this boosts the credibility of the CBI tremendously. 9-8-2019 Newshound Guru Jeff Alright guys now it's time to get excited. The good news is coming out. We were the only ones sticking to our guns that the formation of the government must be completed before you'll see the rate change...I specifically told you to keep your eyes on the second half of September. Boom! An article comes out this morning...telling you they're going to vote on the vice president's in the next session of parliament which is the second half of September...this is the last thing you're waiting on...we're starting to inch to the finish line... 9-8-2019 Newshound/Intel Guru Mnt Goat ...One of the most important reasons we know for sure they will significantly increase the rate upon the movement process to FOREX is that the CBI told us they plan to put the dinar within a basket of currencies. This basket is the SDR basket of 5 of the leading developed countries in the world and that Iraq is most likely to conduct trade with them. So, the rate must change or else this basket will not work which is the purpose of the basket in the first place – to put currencies “on a level playing field”. .. I am telling you FACTS about the process... the process stated to all of us way back in 2011 by the CBI...(post 1 of 2)... 9-8-2019 Newshound/Intel Guru Mnt Goat The rate to reinstate will be essentially the rate prior to the invasion in 2003 with adjustments for equity. We know that the CBI initially wanted to reinstate with this same kind of rate but could not without the banking reforms, the increase in oil production and the gold deposits since discovered... So, they are [in] a great shape to come out at about $3.12+ and some banks are already showing a new rate as calculated by the new system of very close to $4.00. (Where, and When...???) But remember this rate shown could easily be recalculated at the last minute and then moved to FOREX. So we just don’t know for sure...(post 2 of 2)... 1 4 4 Quote Link to comment Share on other sites More sharing options...
boosterbglee Posted September 9, 2019 Report Share Posted September 9, 2019 Thanks Ron, someone will get it right one of these days! 1 1 4 Quote Link to comment Share on other sites More sharing options...
bostonangler Posted September 9, 2019 Report Share Posted September 9, 2019 10 hours ago, ronscarpa said: Intel Guru RVAlready Most of the intel providers are saying soon, This guy must be new. They've been saying soon since I got here in 2009... B/A 4 2 Quote Link to comment Share on other sites More sharing options...
caz1104 Posted September 9, 2019 Report Share Posted September 9, 2019 To many GURUs .....not enough RV's!!!!!!!! 1 1 Quote Link to comment Share on other sites More sharing options...
bostonangler Posted September 9, 2019 Report Share Posted September 9, 2019 24 minutes ago, caz1104 said: To many GURUs .....not enough RV's!!!!!!!! Touché B/A Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.