RT 07/17/2013 12:27pm
Based upon the fact that Iraq now has an international stock exchange listed with Nasdaq, they must also have an international currency. In order for that to happen, the IMF had to have granted CBI the authorization to initially reintroduce the IQD at a rate commensurate with the Kuwaiti Dinar. Everyone seems to agree with that basic scenario regardless of the terms used.
Some folks knew that this might happen and they were looking to see if they could do a bait and switch shell game in order to make folks believe that the RI was in fact the RV. But that has not happened, because CBI has been prevented from announcing any new IQD (RI) reintroduction rate of somewhere between $3.22-$3.44.
Why have they been prevented? So that these so called private groups couldn’t just move in and offer a negotiated rate somewhere between the $3.44 range and whatever the new IQN will eventually be RV’d at in the double digits. The spread is huge and the temptation is just too great for some not to try to make the play.
Read More Link on Right
However, the Asian families are not dumb to this ploy and have the matter all under control. The CBI will not be permitted to internationally release any new values on the IQD until the actual international RV takes place. Once that is done, then people can compare rates between banks and groups to see if there is any real advantage.
Time will tell the truth, but this is my assessment. I have been paying attention to Wildduck’s comments and he sees the corralling of all too willing Dinarians, and is very suspicious of it… me too! The oil credits thing is all well and good sounding… but given that we are still being freed from the cabal within our government and industry… we are not there yet.
And given that they are being bankrupted internationally as we speak, what makes anyone not believe that they wouldn’t try such a bait and switch shell game move with private IQD holders? One has to assume that they would.
[1helton] Went to WF to open an acct. It was on my ‘to do’ list since I closed down my other acct. I sat there talking to the lady who asked me why type of acct I wanted to open. I told her for now, basic, but my needs may change in the near future. I then asked her if WF was a bank the Lloyds of London was offered.
[1helton] She went to the financial advisor, coming back with the answer of “no” – but there were other types of insurance coverage offered that I could look into. She then proceeded to tell me the wealth mgnt was located on the second fl and they could assist me with anything that I may need.
[1helton] She then asked me kindly what was the source of money I would be coming into, I simply replied investments of foreign currencies. She then asked me what currencies. I told her Rupiah, VND, and Dinar. I told her I understood that she probably could not talk to me about any of it. Her response…was that when it revalues, no one could say anything for talking about it
[1helton] She proceeded to open my account as I slipped in questions. She told me they could exchange the currency for me, but they would have to send it off; however, I would be credited the same day for the exchange. She explained that the reason for sending off the money was that in their vault, they are only allowed XXXX amount of foreign currency.
[1helton] She said that if any came back that was not valid, they would need to remove the amount from my account.
[1helton] I asked if they had a de la rue machine on site, she said no. I continued with my acct opening, and then asked her at the end if she knew if they had any UST notes, she had to ask – response was no, all FRN notes.
[canadagoose] 1helton I don’t think I would do my c/e with that branch, in that case. Unless, they have a 180 degree turnaround.
[FLPatriot59] 1helton If I was you I would find a larger, main branch to CE in.
[shatterstar] 1helton good info
[1helton] canadagoose from what i understand in NC, there will be a couple places. I live in a very small town, I’m not expecting to have an exchange site here by any means!
[littledip1921] Rumor & Confirmed – Jack Leu speech this morning was stepped on by Bernanke. The portion of Leu’s speech concerning Global Reset and Gold Backed currency was removed at Bernanke’s orders.
[1helton] 1 more thing!!! When I went in, I got a free WF bag – guess it is to carry my dinar, VND and rupiah in to exchange!!! Lol
1helton] you guys ready for another bank story? This one is from a friend who is invested and banks at a LoCaL bank…
1helton] friend’s bank story: I’ve been trying to get a line of credit through my bank to pay off my reserves when the rv happens. They’ve been giving me a bit of grief over it, wanting me to do a line through my mortgage which I definitely don’t want… I went in Mon to notarize some gift letters….one of the higher up CS folks came out to help me…saw the letters about the IQD, asked me if I found any VND, I said yes. 2 hours later I got an unsecured line of credit approved….at a lower interest rate than discussed
[Dinarblessed] 1helton Swwwwweeeeet!
[sarge] I was outside working, retirement??? right. I got a phone call from my contact. The whale he knows called and said basically the same as Eagle1. The one day delay then codes expired.. the Fed has reset them and he says he will go into the bank at WF today. I am not there so I can not verify this. You get what you pay for and this free.
[holistichealth] sarge tyvm for sharing…
[arizona49] [8:45:46 AM] Leo: (*)7-17-2013 Eagle1 [via BulldogFord65] expecting to see currencies on the ForEx, but did not go because the IQD is the pivot currency and the IMF codes expired because of the delay in Iraq; new codes have been provided by the IMF, and we now wait to see if it happens…tomorrow [Wednesday] – or not.
[dkg] sarge this is exciting thanks
[lgtennis] sarge hi darlinnn
[sarge] Don’t quit your jobs over that info., YW AZ
[sarge] lgtennis Morning
[dkg] lgtennis so glad to see you how is it looking for seeing a RV?
[lgtennis] dkg great cant say much more than that darlin
[yabba dabba] the codes exspired thats the new delay..i love this ride you gotta love the ride
xyz] CBI discuss controlling exchange rate, 17 July 2013 16:26 The parliament Speaker, Osama al-Nijaifi, discussed with the Acting Head of the Central Bank of Iraq, Abdul Basit Turki, the means of controlling the exchange rate and the actions against the violating banks. A statement by Nijaifi’s office received by AIN cited “Nijaifi and Turki discussed the means of reducing the effects of the banking policies and transferring them to the judiciary.” “Nijaifi expressed the readiness of the parliament to support the CBI and its current administration to control the exchange rate and serve the citizens,” the statement added, noting that “The two sides have also discussed the procedures that the CBI will follow after relieving Iraq from the Seventh Chapter of the UN’s Charter and lifting the US protection to the Iraqi funds.” “Nijaifi called to form a committee to follow up the procedures of the indebtedness of the Iraqi funds after li http://www.alliraqnews.com/en/index.php?option=com_content&view=article&id=37877
[xyz] CoM: Local governments to provide items of Ration Card Wednesday, 17 July 2013 18:51 The Council of Ministers decided to make the local governments to provide the items of the Ration Card. During its session held on Tuesday, the CoM decided that the local governments will provide the items of the Ration Card instead of the Ministry of Trade where only the Flour and Wheat will be provided by the MoT. http://www.alliraqnews.com/en/index.php?option=com_content&view=article&id=37886
jdtolle » July 17th, 2013, Give joy
When you’re doing what you do, do it with joy. Instead of waiting for the situation to bring you joy, choose to give joy to the situation.
Give joy for the fact that you’re here to experience whatever you may be experiencing. Give joy for the satisfying reality that you’re making a difference in life.
Give joy to what you do, and you’ll be more positively focused and effective at it. Give joy to the people you encounter, and you’ll give those encounters a very good chance of being positive and fulfilling.
Be the person who brings positive energy into the room. Be the person who reminds everyone else how good it can be to be alive.
Simply choosing to be joyful can actually make you joyful. It’s a powerful choice that you can make at any time, again and again.
Joy costs you nothing to give, and it can mean so much to everyone it touches. Give joy, live joy, and experience life at its best.
— Ralph Marston
May All Have a Blessed Day