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The Process Has Started: Countries Removing Old Currency Notes.


Luigi1
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Here's an article of Dinarian interests...

The RV-GCR process may have already started.

Treat as a rumor.  Not verified.  Your opine.

 

 

 

FROM OTHER SOURCES:                Countries Removing Old Currency Notes:

ARTICLE:  

-Vietnam
-Zimbabwe
-Iraq
-Iran

Countries are removing old currency notes from off the street prior to an exchange rate change that is expected to be initiated by Iraq with other countries following suit.

 

 

Please stop with all of this panicking just because Zimbabwe gave their citizens only 21 days to do it.

 

One source mentioned that the Reserve Bank of Zimbabwe (RBZ), injected the gold-backed digital tokens (GBDT) known as Zimbabwe Gold (ZiG). 

 

This GBDT is prepared & will eventually be used via the new quantum banking system to pay you for your Zim Bonds that you hold.

 

You should be preparing.  Not worrying.  This is a part of the monetary reform that most countries are undergoing.  Especially those apart of the BRICS Nations.  All of those nations are waiting for Iraq to get the ball rolling.  Please standby.

 

As of April 5th 2024, the Zimbabwean currency is not actively traded on major foreign exchange (forex) markets.

This is due to several factors, including the country’s economic instability, high inflation rates & lack of confidence in the currency.  Do we understand this?  What country did I tell you all is going 1st? Iraq correct?  They are going to kick everything off.  Then you can start looking at Zimbabwe.  Right now they are just clearing a path for themselves.

 

So please allow them to get all their ducks in a row.  They are not ready for international trade at the moment.  They are going through a monetary reform just like Iraq is doing.  Right now the Zim-Notes can not do anything for you. It’s useless.  And will remain that way until we are under the new system. Relax.

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Here's another article related to the above...

A brief history of the FIAT currency & the Gold Standard...How China & Russia cornered the Gold Market...

 

 

FROM OTHER SOURCES:              Great Wealth Transfer Underway: How the West Lost Control Of The Gold Market.

ARTICLE:  A great wealth transfer is underway: How the West lost control of the gold market.

 

Pricing power in a market long dominated by Western institutional money is moving East & the implications are profound.

The gold price has risen to a series of new all-time highs of late, a development that has received only cursory attention in the mainstream financial media. But as is the case with so much else these days, there is much more going on than meets the eye. In fact, the rise in the Dollar price of gold is almost the least interesting aspect to this story.

 

 

For thousands of years, gold was the ultimate store of value and was synonymous with the concept of ‘money’. Trade was often settled either in gold itself or in bank notes backed by gold & directly exchangeable for it.  Currencies backed by nothing but government decree – called ‘fiat’ currencies – have tended to eventually fail.

 

However, in 1971, gold found itself cast out of this ancient role when the US unilaterally suspended Dollar convertibility into gold as enshrined in the Bretton Woods agreement that established the framework for the post-war economy.  Shortly thereafter, in an act that medieval alchemists only dreamed of, gold was created out of thin air in the form of futures contracts, meaning bullion could be bought & sold without any metal changing hands – or even existing.

 

Besides the obvious ramification of all of this – the removal of gold backing to the Dollar & thus implicitly to nearly all currencies – there are two important features of how the gold market has subsequently functioned: 1st, gold has essentially been reduced to trading like any other cyclical financial asset; 2nd, the price of gold has largely been determined by Western institutional investors.

 

Both of these longstanding trends are now breaking down.  As we will see, the importance of this development is hard to overstate.  But let’s begin with a very quick examination of how gold went from being the ultimate source of value to just another ticker moving in predictable patterns in the constellation of financial instruments.

 

 

How paper replaced metal.

The collapse of Bretton Woods in the late ‘60s and early ‘70s – culminating in the gold window being shut in 1971 – was a messy period of transition, uncertainty, and instability. The Dollar devalued & a fixed-rate system was negotiated & soon thereafter abandoned. But what was clear was that the US was steering the world away from gold & toward a Dollar Standard.

 

Jelle Zijlstra, president of the Dutch central bank, chairman of the Bank of International Settlements from 1967 until 1981 & a prominent figure at the time, recalled in his memoirs how “gold disappeared as the anchor of monetary stability” & that “the road… through endless vicissitudes to a new Dollar hegemony was paved with many conferences, with faithful, shrewd, & sometimes misleading stories, with idealistic visions of the future & impressive professorial speeches.” But, he concluded, the ultimate political reality was that the “Americans supported or fought any change, depending on whether they saw the Dollar’s position strengthened or threatened.”

 

 

Nevertheless, gold was lurking in the shadows like a deposed but still-living monarch & thus represented an implicit guard against the abuse of what had become fiat currencies.  If nothing else, as Dollars continued to be printed, the price of gold would surge & signal a debasement of the greenback.  And this is more or less what happened in the 1970s after the gold window was shuttered.  After breaking the $35 per-ounce peg in 1971, gold rocketed all the way up to $850 by 1980.

 

So the US government had a strong interest in managing the perception of the Dollar through gold. Most importantly, it didn’t want to see gold recreate a pseudo reserve currency by strengthening substantially.  Legendary Fed chairman Paul Volcker once said “gold is my enemy.” And indeed it traditionally had been the enemy of central banks: it forced them to tighten rates when they didn’t want to & imposed on them a certain discipline.

 

This framework helps make sense of the rise of the unallocated – i.e. ‘paper’ – gold market in the 1980s & the countless gold derivatives that emerged.  This actually started in 1974 with the launch of gold futures trading but exploded in the next decade.  What happened is that bullion banks began selling paper claims on gold for which there was no actual gold attached.  And buyers were not actually required to pay upfront but could simply leave a cash margin.

 

 

The setup is reminiscent of the old communist joke that went “we pretend to work & you pretend to pay us.” In this case, the investor pretends to pay for the gold & the seller pretends to own it. This is about as close as you can get to pure speculation.

 

Thus was born the fractional-reserve paper gold scheme that persists to this day.  And indeed, there is now vastly more paper gold than physical, some $200-300 trillion compared to $11 trillion, according an estimate by Forbes magazine. Others put the discrepancy even higher. Nobody really knows. Comex, the primary futures & options market for gold, has also become more paper-driven. According to analyst Luke Gromen, whereas 25 years ago some 20% of the gold volume on Comex was related to a physical ounce, that number has fallen to around 2%.

 

Gold as just another cyclical asset.

What is important to understand here is that the creation of a derivative market satisfies demand for gold that would otherwise go to the physical market.  Only a limited amount of gold exists & can be mined but an unlimited amount of gold derivatives can be underwritten.  As Gromen explains, when monetary expansion drives demand for gold (due to the inflation this brings), there are two ways this demand can be dealt with: let the price of gold rise as more Dollars chase the same amount of gold; or permit more paper claims to be created on the same amount of gold, which allows the pace of gold’s rise to be managed.

 

There are several important implications of this. The rise of the paper market has clearly played an important role in defanging gold in its role as exerting a hard limit on expansionary policy, thus implicitly reinforcing the credibility of the Dollar.  But it has also meant that the gold price has largely been determined by investment flows rather than physical demand.  And when we’re talking about investment flows, we mean first and foremost Western institutional investors.

 

Given that gold trades essentially as a cyclical asset, institutional investors have primarily traded gold based on movements in real US interest rates – meaning interest rates adjusted for inflation. Gold is bought when real rates fall & vice versa.  The logic is that when interest rates rise, money managers can earn more by switching to bonds or cash, thus increasing the opportunity cost of holding non-interest-bearing assets such as gold.  By the same token, lower rates make gold – seen as a hedge against inflation – more attractive.  This correlation has been particularly strong over the last 15 years or so and many analysts date it back further than that.

 

So let’s go a step further and pose the following question: If Western institutional money has been driving the price, who has been on the other side of the trade when actual gold does change hands?

 

To oversimplify a bit, the model worked roughly as follows, as has been explained by gold analyst Jan Nieuwenhuijs: Western institutions essentially controlled the price of gold and bought from the East in bull markets and sold to the East in bear markets.  This makes sense, because the Western side of this trade essentially consisted of investors who in any asset class tend to chase the price higher.  The East, meanwhile, was characterized more by consumer demand.  Because consumers are price-sensitive, they tend to buy when the price is low & are happy to sell into a rising market.

 

So gold flowed from East to West in bull markets & from West to East in bear markets. But, as we mentioned above, it was the Western institutional investors who were in the driver’s seat in this trade.

 

This was the well-established state of affairs up until 2022, which happens to be when the Ukraine proxy war began & the US took the bold step of freezing some $300 billion in Russian central bank assets.

 

The end of a longstanding correlation.

A coincidence or not, what happened that year was that the correlation between US real rates & gold broke down & has not been restored.  The first sign of an impending shift was that, in 1st few months after the Fed embarked on a sharp rate-hike cycle in March 2022, gold did drop but proved much more resilient to the rising rates than correlation models would have suggested.  But the real breakdown in the correlation started around September of that year, when gold prices actually started climbing even as real rates remained flat. In fact, from late October 2022 through June 2023, the gold price rose 17%.

 

Meanwhile, over 2023, US real yields rose (despite quite a bit of volatility), which, according to the old correlation, should have meant a decline in gold prices as higher yields elsewhere would make non-yielding gold less attractive. However, gold rose 15% for the year.

 

Another notable aspect of this is that Western institutional investors have been net sellers of gold, as evidenced by declining inventory held by Western exchange-traded funds (ETFs) & falling open interest on Comex during the October 2022-June 2023 period mentioned above (when the correlation broke down). In 2023, gold ETFs posted net outflows for the year despite the rising gold price.  Meanwhile, so far this year through February, the ETF outflow figure amounted to $5.7 billion, $4.7 billion of which came from North America – all while gold prices have surged to all-time highs.

 

So coming into focus is a picture of Western institutional investors responding like Pavlov’s dogs to rising interest rates & ditching gold in favor of higher yielding assets such as bonds, stocks, money market funds – you name it.  And normally, like clockwork, this would have driven the price down.

But it didn’t.  And the two main reasons are the voracious appetite for physical gold on display from central banks & extremely strong private-sector demand for physical gold from China.

 

It is difficult to know exactly which central banks are buying and how much they’re buying because these purchases take place in the opaque over-the-counter market.  Central banks report their gold purchases to the IMF, but, as the Financial Times has pointed out, global flows of the metal suggest that the real level of buying by official financial institutions – especially in China & Russia – has far exceeded what has been reported.

 

According to the World Gold Council, which attempts to track these covert purchases, central banks bought an all-time record 1,082 tonnes in 2022 & nearly matched that figure the following year.  By far the largest buyer has been the People’s Bank of China, which as of this past February had added to its reserves for 16 straight months.

 

 

Nieuwenhuijs estimates that the People’s Bank of China bought a record 735 tonnes of gold in 2023, about two-thirds of which were purchased covertly. Meanwhile, according to his figures, Chinese private sector net imports totaled 1,411 tonnes in 2023 and a whopping 228 tonnes just in January of 2024.

 

Where does this all lead?

 

Let’s now zoom out a little bit and try to put this into some kind of perspective.  The first obvious point here is that gold pricing is increasingly being determined by demand for physical gold rather than mere speculation.  Let’s be clear: the People’s Bank of China is not loading up on 25:1 leveraged gold futures contracts with cash settlement.  Neither is Russia.  They’re backing trucks laden with the real thing into the vaults.  And in fact we have seen net exports from wholesale markets in London and Switzerland – i.e. representing Western institutional gold.  That gold has been moving East.

 

Nieuwenhuijs argues that the covert gold purchases represent a sort of “hidden DeDollarization.  ” This is being carried out not only because the weaponization of the Dollar has introduced a hitherto unimaginable threat to Dollar reserves, but also because of the burgeoning US debt crisis, which is looking more & more like a spiral. What is starting to appear as the inevitable endgame of the US debt saga is a lowering of interest rates in order to reduce the cost of funding the government, because the current interest expense is unsustainable.  Lowering interest rates and letting inflation surge probably represents the best of a selection of bad options facing US policymakers.

 

 

This will, of course, further debase the Dollar.  For those holding significant amounts of Dollar assets, such as China, this is a grim outlook & it goes a long way toward understanding the current gold-buying spree.

 

Another aspect to this is that as BRICS countries increasingly trade in local currencies, a neutral reserve asset is needed to settle trade imbalances.  In lieu of a BRICS currency, which may or not be forthcoming in the near future, Luke Gromen believes this role is already starting to be performed by physical gold. If this is the case, it marks the return of gold to a place of prominence in the financial system, both as a store of value and a means of settlement.  This, too, represents a hugely important step.

 

As these momentous tectonic shifts take shape, the gold selling by Western investors over the past two years has something of a feel of throwing one’s lot in with the Habsburgs around 1913. The denizens of Wall Street have been slow to understand that the wheel has turned.  Mainstream Western analysts have repeatedly expressed surprise that the relentless pace of central-bank purchases has not abated.

 

There are instances in history when events overtake those living through them & when change is so profound that most observers lack the mental categories to perceive it. In 1936, Carl Jung said: “A hurricane has broken loose in Germany while we still believe it is fine weather.”

The hurricane that is bearing down upon the Western world is the debasement of the Dollar owing to the weaponization of the financial system & the spiraling US debt crisis.  These are epochal developments that have combined to break the familiar financial world beyond repair. 

 

The flow of gold from West to East is both a real transfer of wealth, but it is also symbolic of just how profoundly the West has been underestimating the significance of what is happening.

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From the throat of the Goat...

 

Mnt Goat  What are the next steps?  We know it is the in-country rate needed to support the Project to Delete the Zeros as the next steps and, by design, it is to retrieve all this stashed currency and get it into the banks from the hordes in the Iraqi homes. Common sense then dictates to us that the only way they will be successful in these next steps is to raise the program rate higher over the dollar to create an incentive for this purpose. This will be the second rate change we have been told would occur and have been waiting for [Post 1 of 2....stay tuned]

 

Mnt Goat  But remember that with these next steps, this is still in the “program” rate and for in-country only. We will still NOT be able to exchange our dinars outside Iraq until the reinstatement which follows the Project to Delete the Zeros... there is much work to be done yet before we go off to the bank to exchange...So now, we are just waiting for the “giant” leap when the CBI gives them the second rate change. This should bring in much if not all the remaining currency back to the banks that they need desperately for the economy. This second rate change should coincide with the project to delete the zeros... [post 2 of 2]
 

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Here's an article related to the above...A New US Ripple Bitcoin...

 

Goldilocks:              Ripple's new stablecoin which is expected to be launched later this year will expand into several different Global Networks.
ARTICLE:  On a broader scale, Ripple's new stablecoin will allow them to create demand for their coin on centralized and decentralized platforms.

One platform utilizes the traditional model of centralized banking exchanges & the other utilizes peer-to-peer transactions that can be held in a private exchange.

This will expand the use of Ripple coin among all users going forward who wish to utilize the network of Ripple coin in their transactions.

 

The XRP ledger can be utilized in both transactions (centralized and decentralized networks) that will include the use of this aspect of their company as well.  The US stablecoin is not the only country that Ripple would like to utilize this new stablecoin service going forward.

It is a move that expands the use of Ripple coin diversifying its capabilities among institutions and private buyers who wish to utilize its speed and easy scalability on the new QFS. 

 

Since Ripple's stablecoin is going to be backed 100% by US dollar deposits, they are agreeing to go through monthly audits. It is something that the banking system does as well. This lines Ripple up with the banking system and shows their willingness to be completely transparent.

The alignment between cryptocurrency and the traditional banking system forming an alliance such as this gives each of us and much clearer understanding of how payment systems will be settled inside a new digital economy through Ripple.

The importance of this move cannot be overstated. I can only tell you it is a move that will change the banking system forever.  

I hope everyone is doing well and looking forward to their weekend. I wanted to go over the importance of Ripple's announcement this week in launching a new stablecoin backed 100% by US deposits.

This aligns Ripple as a settlement token between deposits, trades & banking exchanges. Just like the banking system, Ripple intends to be audited once a month to show transparency of their Network System.

This not only shows that the banking system is becoming digitized, it shows that our Protocol 20 tokenized assets will soon be able to be processed through the new Digital Banking System.

This is a slow roll out, but it is moving forward. Nothing is holding us back& we are moving forward as new networks are interfaced onto the new Quantum Financial System.

This is currently where we are in the integration of the new digital banking system. Traditional banking system is currently being digitized.  Everything will be tokenized going forward. This will allow us to hold real values in our new banking system that can be processed through Quantum Technologies.

 

Tomorrow night, there will be a Saturday Night Live call giving you an update on where we are in the new Digital Banking System. Jester and Freedom Fighter do an excellent job explaining where we are in the movement & transition into our new economy that leads to our revaluation of all assets across the markets including Forex.

Do make time for this important event on Saturday night, a transition of this magnitude has shifted our economy.  And, many people will overlook the magnitude of this announcement.  This is why it is important to listen to as many perspectives on this shift as possible as we collectively move our money onto the QFS.

 

 

 

FROM OTHER SOURCES:                      THE GCR IS REAL.    "LUANG PRABANG — Việt Nam's Minister of Finance & Central Bank Governor and other ASEAN counterparts engage in discussions with international business councils to strengthen financial ties and promote sustainable growth in the region."

Vietnam is currently engaged in monetary policy and monetary cooperation initiative changes.

They are currently taking active steps to be more inclusive on the international stage in terms of market growth and commitment to sustaining that growth with partnerships that will enable them to improve economical standards of living.

Their new Basel 3 compliant banks will allow them to show collateralization & the ability to make higher volume trades than before through proof of the ability to transact on both sides of a trade.

As Vietnam continues to expand their economy, these new demands on their currency will justify new price actions on their currency. 

 

 

FROM OTHER SOURCES:                 Financial Services Authority of Indonesia Announcement:
ARTICLE:  "The Financial Services Authority of Indonesia said Indonesia's economy has recovered from the pandemic and banks have strong capital, sufficient liquidity and good risk management."

Indonesia is Basel 3 compliant. This will allow their movement into less pandemic support & into measures that support their own economy through the new digital asset-based trading system.

The new digital economy will require a gold backing to service the needs of the new cryptos they are in the process of testing and going through approval for the development of their new economy.

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Just now, BETTYBOOP said:

So... is ripple the same as XRP? I have heard of ripple but don't know if it is the same thanks

 

From the article...it sounds like a new US digital Bitcoin system is coming into play.

This might be to counter BRICS Dominance in the digital asset backed markets.  The USD is not dead & buried, yet.   IMHO.

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Here's some daily humor while we wait & wait...Groups are getting paid...

 

 

Some highlights by PDK-Not verbatim:

THREAD:

 

Mod: GOOD MORNING TO ALL! LET’S MAKE IT AN AWESOME DAY! COUNT OUR BLESSINGS! AMEN

MZ: The first 45 minutes or so will be spent talking with the cbdgurus then a bit the news at the 45-minute mark.

Member: Good morning Mark, mods & everyone.

Member: I am excited Zimbabwe announced the new gold backed ZIM….Maybe the rest of the world will follow quickly??

MZ: Yes a fantastic one again from MM & crew! A key point is there is a push to get government employees bank accounts in order to get paid.. There is still a serious mistrust of banking …but they ar trying to get people comfortable putting money in banks. Also that the WTO ascension still seems to be on track.

MZ: A big thing that just happened is the reopening of the pipeline between Iraq & Turkey. They say it can handle an unlimited amount of oil. This is huge for the amount of oil they are exporting.  This means more money for their currency.

Member: Wow! MM&Crew 35 minutes ago released another BANGING post.

Member:  We were in Phoenix over Easter. Picked up a news story on the Navajo tribes settling for damages during the nuclear bomb testing era–deadline is July 1st–thinking must be part of settlements?!!!!

 

MZ: After this week I have no doubts that things have started. And are well underway. I think we are in the rollout process right now.

Member: And Sudani is coming to the US on April 15th. May all be connected.

Member:  Do you think that they will use military bases for redemption centers?

Member: Hope they do. Would be safe & secure for sure.

Member:  “You have power over your mind – not outside events. Realize this & you will find strength. ” ~ Marcus Aurelius.

Member: Thanks to Mark, all the awesome Modz, & the Z family. Have a great weekend everyone.

MZ: Yes- that is part of the settlements & fines & penalties for sovereigns & Indian Nations.

Member: Is this weekend still in play?

MZ: I do not think this weekend is in play. But many others believe this weekend is still in play. Most of what I am hearing is they expect most of the historic bonds to start between the 15th-22nd. Then Currency exchanges following directly on its heels. But, none of us know the timing. They cloud it on purpose.

Member: Do you think things have started?

 

MZ: After this week I have no doubts that things have started. And are well underway. I think we are in the rollout process right now.

Member: And Sudani is coming to the US on April 15th. May all be connected.

Member:  Do you think that they will use military bases for redemption centers?

Member: Hope they do. Would be safe and secure for sure.

Member:  “You have power over your mind – not outside events. Realize this & you will find strength. ” ~ Marcus Aurelius

Member: Thanks to Mark, all the awesome Modz & Z family. Have a great weekend everyone.

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Now let's see,,, 🤥🤔🤔  we have been in the roll out process for as long as I have been a member of this site, so nothing new there from Markz. Just more tripe. MM is dragged in to make Mark sound good. Mark has no real Intel. At least MM reads from actual news articles which we have also seen posted on this site. Military bases as redemption centres , good for security??   Ok yeah they have great security,  which is why they would never let any Joe bloggs wander through the gates to change money. Seriously how stupid can this clown and his followers be. Plus does he seriously think any bodies life will be in danger walking into a local bank which does currency exchange.??? 

1. more fool you if you are dumb enough to advertise what you holding dinar or any other currency. 

2. If you have several million you should be making an appointment with the bank which will mean your transaction will be done in private

3 NO ONE is going to walk out the bank with suit cases of dollars , pounds or any other currency. All banks only hold a certain amount each day for cash transactions and I can assure you it is not millions

4. There are so few people on the whole planet holding dinar that nobody is going to notice you from any normal customer unless you are stupid enough to advertise it and attract attention to yourself SO WHY WOULD WE EVEN NEED A SECURE MILITARY BASE?? We don't!!!

5 ANYBODY who is stupid enough to advertise their wealth ,regardless of how that wealth was attained deserves everything coming to them for being that dumb . Yeah there are many well known wealthy people in the world but these folks live in very secure places and they are either rock stars or own huge corporations. They can afford massive security bills. Most people who are very wealthy have the sense not to advertise it and due to that they don't loose it as quickly as they attained it. Many lottery winner loose all their money within a few years because they become like a man with no arms. They give it away and spend spend spend. and then they need to look for a real job.

When this pops. I have no intention of working in nursing ever again. I will quietly set up some trust funds for my nieces and nephews and a few small businesses to help others.  but I will not be giving my money  away to people. Remeber charity begins at home so you look after your self first. Mark is a fool and a con man

 Probably worse than some of the other gurus

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Member: Thanks to Mark, all the awesome Modz, & the Z family. Have a great weekend everyone.

 

I am very very concerned, that Mark & his Z family will start multiplying!  :facepalm1:

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Now let's see,,, 🤥🤔🤔  we have been in the roll out process for as long as I have been a member of this site, so nothing new there from Markz.

 

Yesterday, was my day to rant!  Today, is yours...have fun, and get it all out!  :bravo:

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HHHMMM, Not quite a rant but I hope I have stated the obvious to most of us and that others might take note and think about what I have said. But yes it let me get it our about Markz. I realise none of the gurus really know much more than we do but marks frankie  tnt or even jeff are dangerous in getting people pumped up and them massive disappointment. At least the goat and Mm don't do that to people. Granted some are making money from patreon but in reality if aome of us had thought of it we would do something similar.  If individuals choose to join their patron that is their choice. Sadly they are almost certainly not learning anything different from you or me. 

Edited by BETTYBOOP
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2 minutes ago, BETTYBOOP said:

HHHMMM, Not quite a rant but I hope I have stayed the obvious to most of us and that others might take note and think about what I have said. But yes it let me get it our about Markz. I realise none of the gurus really know much more than we do but marks frankie  tnt are dangerous in getting people pumped up and them massive disappointment. At least the goat and Mm don't do that to people.

 

:bravo:  :bravo:  :bravo:   and the crowd goes crazy!  :jester:

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1 hour ago, BETTYBOOP said:

@NWGUY  you ain't wired right... BUT I LIKE IT!!!! Crazy people are normal to me and you are bonkers McBonkers!!🤣🤣🤣🤣

 

 

Have you talked to some my friends?  :jester:

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Just now, NWGUY said:

 

 

Have you talked to some my friends?  :jester:

Sssshhhhh! I am a nurse, all be it a slightly nutty one , I am not supposed to disclose that I have spoke to them...... By the way they are completely howling at the moon.🥰😂😂

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16 hours ago, Luigi1 said:

Common sense then dictates to us that the only way they will be successful in these next steps is to raise the program rate higher over the dollar to create an incentive for this purpose. This will be the second rate change we have been told would occur and have been waiting for 

This is very possible…we could see this move from Al sudani visit to April 30

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Anybody thought Iraq could do the same as Zimbabwe? ie. Release the new notes in country. Give then 21 days to exchange and at the same time wipe out everything out with their borders. Then put a new rate on the new notes??? What so you all think of this possibility?

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8 hours ago, BETTYBOOP said:

Anybody thought Iraq could do the same as Zimbabwe? ie. Release the new notes in country. Give then 21 days to exchange and at the same time wipe out everything out with their borders. Then put a new rate on the new notes??? What so you all think of this possibility?

Yep. It is a possibility.

 

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