7-24-2013 TNT Tony: Nothing has changed at the banks. Banks will be open until 11:00 tonight & will be taking calls for 72 hours, 24 hours a day. People are in place right now, looking for this to be a great day in world history. [Everything is nearly done. What will it take to be completely done?] Closing bell today at 4:00 EST, that’s what I got. [Will the final bell be the end?] Yes, that is the plan to announce the global reset, a new forex or global forex that everyone will be on. [When the global reset happens, when will the RV happen?] I don’t know if it will be before, during or after, today. Heard a specific time, but I won’t say.
[Do you know what the rate is?] I can tell you what they are looking at. Between $5 and $8…today it jumped to $8. D.C. said not the real rate, but we will love it when we see it. The dong jumped to $.90 this morning but we don’t know if that is the real rate until it actually comes out. [Can anything go bad today?] Oh, yes, without a doubt. We are preparing for both ways, but one part is giving me real confidence today. [Do we know the exact time?] Pretty much because we know they are to do something at the closing bell time at the NYSE. No one knows everything, we will know more when the bell rings. I’m looking for a great day.
7-24-2013 Enorrste: Referencing IMF Documents: I’m pleased that the IMF thinks the fixed rate has been a success. Whoopee. At the same time, I hate it when they say the status quo should be maintained “for the foreseeable future.” Let’s hope they cannot see very far. On the positive side, though, they are clearly calling for Iraq to prepare to float its currency. It really can’t get much clearer than that. “to accommodate a possible real exchange rate appreciation.“ It would appear that the IMF is expecting a gradual rise over time to some level, after which they will do an actual RV to a “real exchange rate.” How cool would that be?
I just wish we knew what they mean by “middle term.” Is that a few months, or a few years? Only time will tell. Let’s just hope the Turki brings the “surprise” he promised and that it is the beginning of the float process. Once that starts, anything could happen. Heck, we could get to $1 by January and then the CBI could RV to $3.50. Wouldn’t that be cool?
7-23-2013 TerryK: GOT A CALL… TELLING ME 3 AM WE ARE OR MAY SEE MOVEMENT…IT WOULD MAKE SENSE TO DO IT WHEN CBI OPENS… I WOULD EXPECT THIS IN THE AM AT THE RINGING OF THE BELL. I AM REALLY EXCITED ABOUT TOMORROW MORNING. I FEEL WE ARE THERE AND THAT’S AS CLOSE AS I CAN GET TO CALLING IT.
7-24-2013 Poppy3: All of the news is extremely encouraging. Everything is pointing towards what we need them to do. The people over there are wanting what they were promised. In order to become a member of the WTO, they have to RV their currency. They were given a deadline of 30 working days from when they were released from Chapter 7, which falls sometime within the first week to 10 days of August & Ramadan ends at that same time.
The last day of Ramadan is a giving day, like our Christmas. That to me is a prime target day for what we are looking for. If they do not meet their goals, they can be put back under Chapter 7 sanctions. They are not going to let that happen. They know the deadline exists and are working day and night, having meetings till after midnight. Everything is pointing to the end time.
7-24-2013 Jester: LOOKS LIKE THINGS ARE STARTING TO REACH CRITICAL MASS… A LOT GOING ON… I HEARD THEY TRIED TO ACCELERATE THE UN PROCESS TO TODAY BUT IT DID NOT HAPPEN… BACK ON THE ORIGINAL SCHEDULE FOR TOMORROW [WEDNESDAY].
[Q. do you think the President of Vietnam coming to Wash has any importance for the VND to RV?]
A. COULD BE… PRETTY GOOD TIMING I WOULD SAY.
[Q. Is the third person you have been watching in place as of now?]
7-23-13 millionday: so let me explain…. this is very simple – they are discussing which it is going to be — rv (revalue) or a ri (reinstatement).
its that simple so obviously they are discussing it because we really like it that they are or —- we are very close.
a reinstatement would be a simple redenomination and the removal of the three zeros — a revalue will be the set rate and the removal of the three zero currency would be a result as would the exchange rates to all other foreign currencies.
so if the rate is set to what their goal is as in an rv — it would make the three zero currencies not usable or at least not as popular in the street and they would retire them due to the new pricing. ect. ect.
either way — it will all only effect the inside of the country as to what their choice is — the exchange rates either way will change to a real rate that they can hold and represent make sense ?
[Q. Will it be a lop?]
A. no… the reason is this.
a lop happens when the prices and the currency and the inflation has three or four ect zeros on it that can be removed and not effect the exchange rates
they do not the inflation and the rate is imposed so they wont serve themselves by lopping their currency and they are not able to do to the inflation % they are at.
7-24-2013 Eagle1: [via Bluestar] Secret Service eye-witnessed Dr Shabibi signing the release of the rate and the date. Dr Shabibi transmitted the info to Ban Ki Moon at the UN. Eyewitnesses saw Ban Ki Moon signing off on the same paperwork and transmitted it to the director of Forex. Director of Forex was then given permission to push the button. Administration has numbers already. Mainstream media reporting Iraq given permission to ring the opening bell tomorrow (…can’t confirm that). They believe the CBI will release the rate tonite between 2am and 4am with the Forex to follow immediately to show UN operational rates of exchange. Might be in the banks tomorrow [Wednesday] but most likely Thursday!! We believe we are there finally!
7-23-13 TD: [Q. so if they float it why do we have to worry about a lop?]
A. We don’t that’s the great news, they are forced to operate with the notes they have until the new notes become available probably now jan 1st . We will see better returns most people don’t get that, they were stuck on no lop and rate to 3.5.