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7-20-2012 Soonerfan62: WE ARE ALMOST THERE. IT COULD BE 1 HOUR OR 1 DAY, NOBODY KNOWS FOR SURE. ALL THE INTEL HAS BEEN VERY POSITIVE TODAY. NONE OF THE INTEL PROVIDERS EVEN TALK ABOUT RATE ANYMORE, WE DON'T CARE. I'M CONFIDENT IN THE NEXT FEW HOURS. I WILL KNOW 1 MINUTE AFTER OKIE DOES. I'M 100% IN A RV PRE-AUGUST. I AM GLAD TO BE IN THE JOURNEY. WE ARE TRULY AT THE END.
7-20-2012 Freebird: Doc just had a post that everyone should pay some heed. He is absolutely correct. A high rate would not be good for us at all and by that I mean 3+ initially. In actuality, on par with the USD is an incredibly high rate (as an initial RV) and will be history. Iraq has faced many challenges just to position themselves to reach that point. The IQD on par with the USD would be 1,000 times or a 100,000% increase, which of course has never even come to occurring before in the whole history of currency manipulation or with any large fiat currency appreciation that derives its value from government regulation or law. Pray for a rate on par with the USD. This is what the SIGR report, the CBI and Finance Committee all have referenced. Over time it could rise and I believe Iraq one day will have the highest currency in the M.E. but as far as an initial rate, anything much higher than that, it's more likely the larger notes will not retain their value. The numbers just don't work. The good news is, it will be on par (or just less than) the USD initially, it will be a REVALUATION and it will happen sometime before January. Hang in there, keep the faith and stay grounded.
7-20-2012 Doc: We suggest everyone needs to be ecstatic with the $1 rate. We only see these high rates as possible with a true LOP first and then a RV. The reason for this is the economic impact of these high rates on Iraq. We should remember that fiat currency is nothing more than debt instruments of a particular government and only backed by that government's ability to honor it. Shabibi obviously understands this and is why he is looking for things like a seated government, HCL and chapter 7 issues to be resolved. Besides if it RVs to $1 we all make 1000 times our investment, however if it LOPs and then RVs to say $5 we would only make about 5 times our investment. We vote for the 1000 times scenario, how about you?
7-19-2012 Milndollarbabe: As far as the rate goes, I was just thinking about who it benefits low or high. The higher the rate, the USA really benefits because we take it into our reserves and use as the prenegotiated oil rates. So, we get MUCH more oil with a higher rate than a lower rate because oil is sold in dollars, not dinars. So, we benefit from the higher exchange. Just keep that in mind.
7-19-2012 BGG & Poppy3: Tonight's conference call playback. 760-569-7699 PIN - 846434# or Audio Link: https://www.freeconferencecallhd.com/playback.asp?n=-17-65-67241-17-65-6711-17-65-67125-17-65-67107-17-65-67-17-65-67-17-65-6754-17-65-6757;0MTAwNTkwMDY=1
7-19-2012 Blaino (Part 1): We are happy and expectant. I have no information that it will NOT happen overnight or tomorrow. Read that twice! Several "Banker" types have gotten into some limited exchange situations. Naturally, these people are all secure under the NDA (Non Disclosure Agreement) and cannot or will not talk...period. Even so, we are getting some coded messages from a handful of these people who desire to share with their circle (ME) and I cannot disclose the institutions, names or additional information, but suffice it to say that none of this could happen if there were not a high confidence in a timely revaluation. Also, one is not generally under an NDA unless they have something they could tell, that the issuer of the NDA would rather not have in the public arena! Several people are in Texas, Reno & Las Vegas Nevada and so on, awaiting the word from a Big 4 Bank there.
7-19-2012 Blaino ( Part 2): As you MAY remember, I shared the dates of the 16th & 17th as "likely dates for some kind of action", we are certainly seeing that! I am awaiting calls from several west coast Bank types & will hear from them shortly, maybe getting additional information at that time. Remain Grounded and CALM! Don't invest too much of your faith in: Tiers, 24 hour cash out, having to fly somewhere, a currency change that will make your notes worthless. The micro-RV we all saw on the German currency site recently was quite possibly a test for signals accuracy between the CBI and points across the globe or, and more likely, "they" needed the IQD "UP." The micro-RV we all saw on the German currency site recently was quite possibly a test for signals accuracy between the CBI and points across the globe or, and more likely, "they" needed the IQD "UP" someplace in the world to 'legalize' some kind of exchange or "deposit to hold" kind of program, as I shared with you days ago! Watch for additional changes in the next few hours, days, weeks. I will NOT here list the plethora of reasons that Iraq MUST do this ASAP as other, more flamboyant voices have already painted and re-painted THAT picture until it is a cloudy dark mass of swirling colors. Our Iraqi TV team is watching the news and will advise ASAP when anything worthy happens we'll pass that on to you at that time. NO PASS IS IN THE WORKS AT THIS TIME!!!