TNT:
Dedar : the rate in Iraq has to increase to over $3 before they release it internationally. We are waiting until they increase it and are happy for it to go.
Daz : I doubt you will see a 3 dollar rate in Iraq...just don’t work that way…what you will see is a rate .86- 1.14. somewhere in that range give or take…what we are waiting on is international release at that rate then the exchange rate is applied that will derive our expected USD rate in the 3-4 range. Its a function of a multiplier in our case…if there was a 3 dollar rate in Iraq...and then the historical 3x usd exchange rate was applied to that...we would be in the 9 dollar range over here. Time will tell
g8way2k : Can you say ForEx, or contract rate? :) $9 is a nice round figure.
....
Dedar : the rate in Iraq has to increase to over $3 before they release it internationally. We are waiting until they increase it and are happy for it to go.
Daz : I doubt you will see a 3 dollar rate in Iraq...just don’t work that way…what you will see is a rate .86- 1.14. somewhere in that range give or take…what we are waiting on is international release at that rate then the exchange rate is applied that will derive our expected USD rate in the 3-4 range. Its a function of a multiplier in our case…if there was a 3 dollar rate in Iraq...and then the historical 3x usd exchange rate was applied to that...we would be in the 9 dollar range over here. Time will tell
g8way2k : Can you say ForEx, or contract rate? :) $9 is a nice round figure.
....
TNT cont……..
Yada: From the way I understand it, Iraq releases their rates and other nations adjust,,the adjustment for the US is the US Treasury who communicates to the Banks of the change,,we exchange at the right time and the banks notify the treasury of the amount to our accounts, which the Treasury sanctions,,,,the Treasury reports to Iraq of the exchange and is given credit for the amount to be used in other deals,,,
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WingIt:
Amarok: Evenin' Folks, just stopped in to say hi! It's sure been an event filled week leading up our exchange. Can't you feel the inevitability of the RV, with so many events coming together at the same moment in time? The tension IMO is tangible, even for folks that don't know what's going on. Try to find peace this weekend and allow this thing to come you.
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Dinar Updates:
Poppy3 ...ALL THE NEWS IN THE WORLD ABOUT POLITICS IN IRAQ NEVER HELP ANY OF US GET CLOSER TO THE REAL RV.
I BEEN AT THIS LONGER THAN MOST AND I ASSURE YOU THE NEWS GETS US NO CLOSER TO ANYTHING...ONLY ACTIONS ON THE NEWS IS WHAT COUNTS.
90% OF THE NEWS WAS NEVER ACTED ON TILL HERE IN THE LAST FEW MONTHS BUT FOLLOW THE ACTIONS AND YOU'LL HAVE A REASONABLE IDEA ABOUT THE REST OF OUR WAIT.
Yada: From the way I understand it, Iraq releases their rates and other nations adjust,,the adjustment for the US is the US Treasury who communicates to the Banks of the change,,we exchange at the right time and the banks notify the treasury of the amount to our accounts, which the Treasury sanctions,,,,the Treasury reports to Iraq of the exchange and is given credit for the amount to be used in other deals,,,
**************************************
WingIt:
Amarok: Evenin' Folks, just stopped in to say hi! It's sure been an event filled week leading up our exchange. Can't you feel the inevitability of the RV, with so many events coming together at the same moment in time? The tension IMO is tangible, even for folks that don't know what's going on. Try to find peace this weekend and allow this thing to come you.
***************************************
Dinar Updates:
Poppy3 ...ALL THE NEWS IN THE WORLD ABOUT POLITICS IN IRAQ NEVER HELP ANY OF US GET CLOSER TO THE REAL RV.
I BEEN AT THIS LONGER THAN MOST AND I ASSURE YOU THE NEWS GETS US NO CLOSER TO ANYTHING...ONLY ACTIONS ON THE NEWS IS WHAT COUNTS.
90% OF THE NEWS WAS NEVER ACTED ON TILL HERE IN THE LAST FEW MONTHS BUT FOLLOW THE ACTIONS AND YOU'LL HAVE A REASONABLE IDEA ABOUT THE REST OF OUR WAIT.
KTFA:
Tidbits from Wed. Night CC: Frank26 ...it is very important that you understand the United States and Kuwait government devalued the Kuwait currency down to zero, practically nothing...and Saddam Hussein was the reason...so America comes in...and the first thing that we did was Marshall Law...and we took over the banking structure...
In other words everything I’m telling you is the equivalent...and it is happening in Iraq...with very slight differences...using the American dollar until they were ready to bring back the Kuwait dinar...back to the international rate...with these loans they will quickly remove anything that is left as a remainder of Article 8...once they do qualify and all of Article 8 is removed...
IMO...all they need to do is raise the value of their currency...and that is it...that should be the final restriction..
I believe that TIME FRAMED is within this year of 2016...that IMO...has been made by the IMF and the CBI and will be presented to you...but if a final decision on whether or not to raise the value of their currency and a final decision has been made on the rate by the GOICBI...then they need to do the final steps that brings it....
And I think that is where we are at...and I think that is what you are going to see...from now until September...And I’m not telling you that September is the RV month...there is a TIME FRAMED...and they have made a decision...IMO
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Frank26 Friday Night Video: https://youtu.be/Kk3OcK5igpA
Tidbits from Wed. Night CC: Frank26 ...it is very important that you understand the United States and Kuwait government devalued the Kuwait currency down to zero, practically nothing...and Saddam Hussein was the reason...so America comes in...and the first thing that we did was Marshall Law...and we took over the banking structure...
In other words everything I’m telling you is the equivalent...and it is happening in Iraq...with very slight differences...using the American dollar until they were ready to bring back the Kuwait dinar...back to the international rate...with these loans they will quickly remove anything that is left as a remainder of Article 8...once they do qualify and all of Article 8 is removed...
IMO...all they need to do is raise the value of their currency...and that is it...that should be the final restriction..
I believe that TIME FRAMED is within this year of 2016...that IMO...has been made by the IMF and the CBI and will be presented to you...but if a final decision on whether or not to raise the value of their currency and a final decision has been made on the rate by the GOICBI...then they need to do the final steps that brings it....
And I think that is where we are at...and I think that is what you are going to see...from now until September...And I’m not telling you that September is the RV month...there is a TIME FRAMED...and they have made a decision...IMO
**************
Frank26 Friday Night Video: https://youtu.be/Kk3OcK5igpA
via Dinar Recaps - Our Blog http://ift.tt/29PMuvp
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