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Out Of Mind » DINARIAN SCAMTASTIC NEWS » RV/GCR, GURU CHATTER & NESARA INFO » RV/GCR Chatter Weekend Thread

RV/GCR Chatter Weekend Thread

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1 RV/GCR Chatter Weekend Thread on Sat Jul 02, 2016 10:34 am

PurpleSkyz


Admin

Redenomination in Belarus, Iraqi Dinar Revaluation Next?

7/02/2016 06:33:00 AM  News  
Both articles are from November 2015. ~ DC

Redenomination in Belarus: history and current situation

November 14, 2016

The official currency of the Republic of Belarus will be redenominated on July 1, 2016. Today’s 10,000 Belarusian roubles will be equal to 1 rouble. The National Bank of Belarus presented the new money last week.

Valery Nikolaenko became a numismatist when he was a boy. His collection now comprises more than 2,000 coins. Each coin has some fascinating facts to tell about.

Valery Nikolayenko, collector:

Banknotes and coins are both money and country’s symbols as they tell about history, culture, nature and sights.

Valery approves the oncoming redenomination. Not only Belarusian commemorative coins but also regular issue coins will be in his collection.

Valery Nikolayenko, collector:

Redenomination will promote Belarusian money profile in the world.

History note: The Belarusian currency has already undergone redenomination process twice. The nominal value was cut by half in 1994 because of inflation. For the second time redenomination was held in 2000, with three zeros removed. Today, 15 years later, Belarus faces this process again.

Four zeros will disappear from Belarusian notes from July 1, 2016.

Mikhail Kovalyov, dean of Belarusian State University’s economic faculty:

If the National Bank of Belarus and the government have decided to hold the redenomination, they are sure they’ve learned how to control exchange rates and inflation. The events of 2015 prove these facts.

Many countries have already faced redenomination. Zeros disappeared from Poland’s and France’s denominations in the mid-1950. Lithuania and Latvia held the process in 1993, while Turkish currency changed in 2005. The new Belarusian money was printed 6 years ago. But the economic situation prevented its adoption.

The presentation of the new notes in the National Bank repository received a lot of attention. The banknotes and coins were shown to journalists in a special room because stringent safety measures don’t let anyone unauthorised enter the main bank repository.

Various types of kopeks have been circulating during 5 centuries and they have changed a lot in course of time. The modern kopeks are neater and heavier. These are the first hard money in the modern history of Belarus.

The largest banknote will be 500 roubles, which is equal to current 5,000,000 roubles. The smallest denomination will be 1 kopek presented in coin.

There’ll be eight denominations of coins and seven denominations of banknotes.

The new Belarusian money was made in Europe. Coins were minted in Lithuania and Slovakia, while banknotes were printed in the UK.

The National Bank of Belarus, however, doesn’t reveal all the secrets.

Dmitry Lapko, Deputy Chairman of the Board of the National Bank of the Republic of Belarus:

The tender was selective. I’m not going to go into detail about the money stock and production cost as it’s commercially sensitive information.

There’s no sense in worrying about money deposits, experts say. Redenomination isn’t devaluation and thus Belarusians won’t become richer or poorer. Zeros will disappear but there won’t be any monetary depreciation.

Mikhail Kovalyov, dean of Belarusian State University’s economic faculty:
In the Soviet Union, redenomination was also held. Four zeros were crossed out in 1922 with the introduction of the New Economic Policy and a new currency called chervontsi. Chervontsi was one of the hardest currencies in the world. They had been circulating for 25 years. This fact inspires us with hope that this redenomination will be the last one in the contemporary Belarusian history.

The redenomination won’t bring price increase either.

Anatoly Tikhonov, Doctor of Economics:

Taking into consideration the dynamic in the monetary sphere we can foretell with a high degree of possibility that the redenomination process will be a success, inflation and prices will settle down. The Belarusian rouble will be a stable currency.

Belarusians won’t be called millionaires anymore and foreign guests won’t get lost at seeing so many zeroes. The old denominations won’t become useless in just a night.

From July 1 to December 31, 2016, all prices will be indicated in both the old and the new denominations.

During the next five years the old currency units can be exchanged without a commission.

The new currency will be difficult to counterfeit. Coins have some small details that are hard to copy, and banknotes come with multiple protection levels. Nevertheless, swindles have already tried to deceive credulous citizens.

Meanwhile, the older generation actively discusses the future redenomination. Prices will look like those in the Soviet Union. Seniors believe that they’ll get used to the new currency sooner than their grandchildren.

Iraqi Dinar Revaluation is Necessary in Boosting Iraqi Economy

November 6, 2015 · by Iraqireporter

The Iraqi dinar was considered as one of the strongest currencies in the region. This currency experienced a number of ups and downs in the past. The Iraqi government and the Central Bank of Iraq are working very hard to stabilize and maintain the exchange rate of their Iraqi dinar currency against most of the major foreign currencies.

Yesterday, the Belarusian concerning authorities decided to finish four zeros from their local ‘ruble’ currency and it will be implemented from beginning of June 2016.

Most of the Iraqi dinar experts also advised the Iraqi government to eliminate three zeros from Iraqi dinar currency and this process would be more helpful in the Iraqi Dinar Revaluation process.

The Belarusian authorities confirmed that they are executing the process of deletion of four zeros from their national ‘ruble’ currency. The Belarusian President Alexander Lukashenko has signed an order to eliminate four zeros from their local ruble currency. This process will be executed in the month of June 2016.

This new currency will be available in their local currency markets in the month of July 2016. It is also important both new and old currencies will be circulated from July 2016 until 31st December 2016. After this period, only new ruble currency will be allowed in the Belarusian local currency markets. This process would provide a path for currency revaluation.

Most of the Iraqi dinar experts also said that Iraqi government and Iraqi Central Bank should focus on process of the IQD revaluation. The process of Iraqi dinar RV is still pending due to a number of reasons including Iraqi political crisis, internal security condition and a significant decline in the global oil prices.

The execution of the process for elimination of three zeros from Iraqi dinar currency is much necessary in order to boost up its economy. It would also provide an ease in the Iraqi financial institutions to maintain and minimize their workload.


Thanks to: inteldinarchronicles.blogspot.com


____________________________________

 “Darkness cannot drive out darkness: only light can do that. 
H
ate cannot drive out hate: only love can do that.”
 Martin Luther King Jr

2 Re: RV/GCR Chatter Weekend Thread on Sat Jul 02, 2016 10:22 pm

PurpleSkyz


Admin
HO...

"New 500 Dinar is out" - Sat. PM KTFA Thoughts/News

7/02/2016 07:45:00 PM  KTFA, News, Thoughts  
KTFA

DELTA » July 2nd, 2016



New 500 DINAR IS OUT WITH KURDISH LANGUAGE.

Frank26 » July 2nd, 2016


TY Brother ................... From language to Mosul .............. Kurds Happy.
KTFA Frank


Jay » July 2nd, 2016


WOW..!!!!!!...Thank you DELTA....I wonder if it was released to the citizens with the rest of the LDs...???

AbundantlyBlessed » July 2nd, 2016


Is this good Delta? I think it is. I wish it was fils or coins tho.

EHankins » July 2nd, 2016


WOW!!! WE'VE WAITED AND TALKED ABOUT THIS FOR A LONG LONG TIME... IT'S RATHER SIGNIFICANT IM OH OH PINION

JamJam » July 2nd, 2016


THANKS DELTA MY BROTHER. FOR ANYONE WHO WANT TO SEE IT HERE IT IS. RELEASED TODAY WITH ALLACK SIGNATURE. HMM MMMMM

http://www.banknotenews.com/files/tag-iraq.php






Thanks to: http://inteldinarchronicles.blogspot.com


____________________________________

 “Darkness cannot drive out darkness: only light can do that. 
H
ate cannot drive out hate: only love can do that.”
 Martin Luther King Jr

3 Re: RV/GCR Chatter Weekend Thread on Sat Jul 02, 2016 10:24 pm

PurpleSkyz


Admin
YESTERDAY. FEEL EXCHANGES SHO...

BLC News and Comments w/ BondLady, tlm724 for 7-2-16

7/02/2016 08:13:00 PM  BLC, Comments, News, tlm724  

Bond Lady's Corner 7-2-16

News & Comments with BondLady & Tlm724

Jubouri receives Abadi discuss accelerate reforms to save the country from crisis


02/07/2016 10:10 | Direction Press / Baghdad Search head of the House of Representatives Saleem al-Jubouri, the Council of Minister Haider al-Abadi, accelerate reforms in the government in order to save the country from the crisis taking place.

A statement by the Office of the Speaker of Parliament, received "direction Press" a copy of it, that al-Jubouri, "received in his office, on Friday evening (yesterday), Prime Minister Haider al-Abadi, During the meeting, they reviewed the latest political and security developments in the country and the war on terrorism and ongoing preparations the process of editing the city of Mosul. "

"The meeting also discussed also the humanitarian situation of displaced people in the liberated areas and ways to rehabilitate those areas and the provision of basic services in preparation for the return of its inhabitants."
 ​
The statement continued , " The meeting also discussed the government to file the reforms and the need tospeed up in order to save the country from political and economic crisis that is going through". The sa http://aletejahtv.org/index.php/permalink/117450.html

Speaker of Parliament receives the Prime Minister and looking with preparations for the Liberation of Mosul and file re-displaced liberated areas

July 01 .2016 Parliament Speaker Salim al-Jubouri, received in his office, on Friday evening, the Prime Minister, Dr. Haider al-Abadi.

During the meeting, they reviewed the latest political and security developments in the country and the war on terror, the ongoing process of liberalization city of Mosul and preparations.

The meeting discussed also the humanitarian situation of displaced people in the liberated areas and ways to rehabilitate those areas and the provision of basic services in preparation for the return of its inhabitants.

The meeting also discussed the government to file the reforms and the need to speed up in order to save the country from political and economic crisis, which is going through.

http://www.parliament.iq/details.aspx?id=65708&AlwType=Pre

http://www.bondladyscorner.com/t170509-jubouri-receives-abadi-discuss-accelerate-reforms-to-save-the-country-from-crisis

CBI reduces bleeding Auction dollar

Iraqi government unveiled a modest steps to reduce Auction sales dollar, accused of being one of the biggest corruption windows, where dominated by affiliated to political parties are banks and monopoly over the importation of counterfeit bills.

Arabs [published on 07.02.2016, number: 10324, p . 11]

Bleeding cash cover
BAGHDAD - The Iraqi Central Bank announced lower sales in the Auction dollar stunts during the first half of this year by up to 14 percent compared to the same period last year.

He said that decline reduced dollar sales by more than $ 2.64 billion to reach since the beginning of this year to 15.76 billion dollars, compared to about $ 18.4 billion.

He stressed Abdulkadir Mohamed, a member of the Finance Committee in the Iraqi parliament, the central bank sales decline of the dollar came after several measures in coordination with the Finance Committee in the Parliament to reduce sales to their lowest levels.

He told Anatolia that "the Finance Committee recently presented a study of the Central Bank, and asked him for adoption, and included a call for the reduction of sales within the auction sale of the currency to $ 70 million per day," pointing out that this amount is enough to meet the daily needs of the import of goods.

The documents leaked by the Iraqi politician Ahmad Chalabi of late has been revealed in the past year for the Auction dollar squandered nearly $ 312 billion during the rule of former prime minister between 2006 to mid-2014.

She pointed to fraud and irregularities in the process of buying the banks of the dollar, because it did not mention the companies that bought the dollar for its own account, in addition to the presence of irregularities because most of the companies not included in the public record companies.

Official data show that the Iraqi central bank's daily dollar sales currently amount to about $ 150 million.

Muhammad explained that "the central bank sales are still high, and can be codified in order to maintain a financial reserve of hard currency and strengthened."

CBI revealed that the foreign currency reserves fell in mid-June, about $ 15 billion annually comparing to reach about $ 53 billion.

Iraq is facing an economic crisis forced him to reduce the size of the financial budget as a result of lower oil prices and start a policy of austerity, while the Ministry of Finance announced the start of the tax laws.

Showed documents published last year, purchases one bank is a bank-Huda, which amounted to just over two years, more than 6.455 billion dollars details. And he said it was just an example of what I got dozens of banks associated with all the influential political parties.

Much of this is due "fraud and irregularities and crimes" to the corridors of the central bank, which was seized by al-Maliki, and he appointed close to him in all his joints, even before the dismissal of the governor of the bank Shabibi at the end of 2012, not subject to the dictates of al-Maliki, according to Shabibi's remarks.

The latest decision of the owners prior to his release from the Prime Minister's closest aides appointment of a central bank governor, which is on the Keywords, which continues today in his office, al-Maliki confirms the decisive influence in the activity of the central bank until today.

According to documents of the Finance Committee in parliament, then the central bank is still not providing the answers or "provide us with false information from remittance companies," meaning that the central bank is still involved in financial crimes.

Finance Committee has warned that the subject matter is very serious, and that "the Iraqi Central Bank began to resort to selling the dollar reserves of the bank after it became entered Iraq from less than dollar selling auctions oil sales."

She said that "if it continues in this vein, the foreign currency reserves in Iraq would be endangered."

http://www.alarab.co.uk/?id=84227

Herb62 Time to clean the kitchen !

tlm724 Yes !!!!!!

http://www.bondladyscorner.com/t170507-cbi-reduces-bleeding-auction-dollar

To diversify fiscal revenues coordination of services and goods taxes stimulate investment

7/2/2016 0:00 BAGHDAD - Imad Emirate stressed economic academic Dr. Emad Mohammed Ali al - Ani of the Faculty of Administration and Economics at the University of Baghdad , the need for tax reform in a comprehensive manner and to move away from partial reforms by broadening the tax college Qaeda and rationalize the structure of the tax categories and dissemination of tax abatements and coordination of taxes on services with those imposed the goods.

«the taxes essence foundation in organizing the fiscal course of the state as one of the main sources of public revenues necessary to fund government spending on goods and services needed by the community to represent and seek governments to make the tax system has more efficient because of this system of importance in determining the role of the state in economic activity and social life ».

the tax base , said Ani« morning »on the issue of broadening the tax base Fbalamkan find new types of taxes as well as the reform of some existing taxes including value added tax , as it is necessary to use an effective step to bring about the expansion of the tax base and that the process capability for this kind of tax to generate revenue,

because it is imposed on the consumption it contains compel consumers mechanism (taxpayers), and therefore, the administrative cost him a relatively low compared with other types of taxes,

it 's also an important investment incentive because it is aimed at the consumer's spending rather than investment spending. he said the problem in this kind of tax that does not differentiate between income segments,

it is known that low - income owners are spending a large part of their income on consumption of basic goods compared with the high earners means carrying that slide burdens biggest tax for this type of taxes.

he proposed Ani try to remedy that problem through the exception of some commodity groups that are frequently consumed by the owners in, that accompanied the imposition of sales on some luxury goods , depending on the internal flexibility , as happened in Southeast Asia, and many developing countries adopted a modified or more VAT rates in order to achieve justice among some taxpayers pay.

it confirms Ani continued suffering of Iraq than double the effectiveness of the tax system in place that has caused many of the imbalances , both in the structure of public revenues , or in macro - economic variables or aggravate the budget deficit and the spread of its effects on the overall economy.

customs taxes and stressed the need for the customs tax reform by raising the effectiveness and efficiency of customs administration , which will enhance the success of foreign trade policies in developing exports and attract investment in the provision of appropriate customs revenues that contribute to ease the budget deficit outcome.

the project reformist Ani between the importance of the based customs tax reform on the axes head of which the development of customs laws in line with modern customs work systems , the global business climate and developments in response to the decisions of the World trade Organization,

calling for action on the removal of all distortions in the structure of tariffs in line with trend economic, investment and trade policies in the project Iraq, stressing the need to simplify customs procedures and adopting the style of selective censorship in order to reduce the cost of economic transactions ,

including working to increase productivity, reduce evasion of customs. resource development Ani stressed the need to develop custom development of human resources management, staff development programs , including faddish in force in the customs procedures and international expansion in the use of computers and automated information technology and the reduction of paperwork,

as well as activating the taxes on previously known car ownership b »car annual» which can generate good revenue, which is similar to a tax environment imposed by some Western countries for environmental protection, and to continue the imposition of taxes on mobile phone , which represents a good step to achieve the tax revenue from these investments.

Ani He concluded by calling for benefiting from international experiences in this field , where deliberately developing countries to broaden the tax base by turning it from a narrow pot of taxes on foreign trade to the broad bowl on consumption and domestic spending, and this in itself ensures expand goods and services subject to taxation, as these countries have resorted to imposing a tax on retail.

http://www.alsabaah.iq/ArticleShow.aspx?ID=119258

tlm724 customs taxes and stressed the need for the customs tax reform by raising the effectiveness and efficiency of customs administration , which will enhance the success of foreign trade policies in developing exports and attract investment in the provision of appropriate customs revenues that contribute to ease the budget deficit outcome.

the project reformist Ani between the importance of the based customs tax reform on the axes head of which the development of customs laws in line with modern customs work systems , the global business climate and developments in response to the decisions of the World trade Organization,

calling for action on the removal of all distortions in the structure of tariffs in line with trend economic, investment and trade policies in the project Iraq, stressing the need to simplify customs procedures and adopting the style of selective censorship in order to reduce the cost of economic transactions , including working to increase productivity, reduce evasion of customs.

He concluded by calling for benefiting from international experiences in this field , where deliberately developing countries to broaden the tax base by turning it from a narrow pot of taxes on foreign trade to the broad bowl on consumption and domestic spending, and this in itself ensures expand goods and services subject to taxation, as these countries have resorted to imposing a tax on retail.

http://www.bondladyscorner.com/t170544-to-diversify-fiscal-revenues-coordination-of-services-and-goods-taxes-stimulate-investment

Our economy ... Landmark

7/2/2016 0:00 Thamer Alheims km was very beautiful that they are up economic road map to the educated elite through economic Faris Al Salman , head of Baghdad 's forum, in Rbaith published on page economic newspaper «morning» to put at least Almthabat and illuminations , which owns power and conviction so as not shaken by factional interests or internal or external economic agendas.

so , the Quartet ( the paper) to aim the stone in the pond recession and the current deadlock. Political and cultural Valmsogat to the economy of a social identity to the economy as long as the theater and laboratory experiments did not notify mostly, at least regionally, acceptance or success , whether socialist or liberal experiment open.

Economy Anaftahi as we have seen here in the two trials of a centralized economy has succeeded in some of the joints did not extend to the elements social and offset by the receipt of bureaucracy to Alanaftahi economy afterwards.

But our experience almost in line with the mentioned experiment, it was nationalizations in 1964 and the ensuing different addresses form also to lead to highly centralized and intractable to put us immediately after the (2003) in front of chaos and randomness as the free economy, at which time he left most of the patrons to retreat to the edges of socialist democracy and leadership historical.

balance economic and so on in the economies of the Scandinavian countries to thrive and middle class to provide the basic needs of the people and guarantees a healthy, social and cultural all segments of society.

Fterkibh Iraqi rentier economy put us away from the experience of a free economy and hidden hand of the competition , as preached by Adam Smith (that restore economic balance) and therefore social, were faced with crises and cycles traditional free market economy paid for still, Valraa oil put our economy at stake , as manifested itself after falling prices oil, as well as agricultural and industrial economy does not constitute produced only 5 percent of the national output.

international trade , making the Iraqi and Arab land that Tkona arena of international trade (import) investment flows from western countries and the United States were trade (export) accounts for 84 percent of total flows Arab states and Industry 6 percent and the rest of the activities 9 percent and agriculture 1 percent.

​There is no doubt that the agricultural and industrial middle class and her maid third sector Klojcetk were absent during the experiments above in favor of Logistic regional and international relationship did not reach the bottom of society nor to the social or economic middle class leading historically.

so be Deuteronomy quad economic head of Baghdad forum maiden and a hub for conferences and seminars to put an end to disperse in the economic visions in order not to pay the price the Iraqi economy inspissated injured crises and various kinds and so we put the foundation stone of economic identity and a road map in the tunnel do not want him to Eetmd more through dimensions landmarks do not ignore any Iraqi economic or political reform he wants.

http://www.alsabaah.iq/ArticleShow.aspx?ID=119256

tlm724 yep if Iraq had followed Adam Smiths theory of a free market economy they would be way ahead of the game ! Smith theorized that

" the idea that an "invisible hand" guides supply and demand are among the key ideas Smith's writing is responsible for promoting. These ideas reflect the concept that each person, by looking out for him or herself, inadvertently helps to create the best outcome for all. "It is not from the benevolence of the butcher, the brewer, or the baker, that we can expect our dinner, but from their regard to their own interest,"

By selling products that people want to buy, the butcher, brewer and baker hope to make money. If they are effective in meeting the needs of their customers, they will enjoy the financial rewards. While they are engaging in their enterprises for the purpose of earning money, they are also providing products that people want.

Such a system, Smith argued, creates wealth not just for the butcher, brewer and baker, but for the nation as a whole when that nation is populated with citizens working productively to better themselves and address their financial needs. "

http://www.bondladyscorner.com/t170543-our-economy-landmark



Thanks to: http://inteldinarchronicles.blogspot.com


____________________________________

 “Darkness cannot drive out darkness: only light can do that. 
H
ate cannot drive out hate: only love can do that.”
 Martin Luther King Jr

4 Re: RV/GCR Chatter Weekend Thread on Sat Jul 02, 2016 10:26 pm

PurpleSkyz


Admin
Guru SteveI 




[...you have mentioned you are hopeful for July a few times. Is that based on news or information from your sources?] 




 Here is my reasoning for mentioning July a few times.




  There seems to be a very good sound agreement between the IMF and Iraq. Now the so called "Letter of Intent" had some very specific details regarding the Foreign Exchange Policy.

When I read that section, among other it was very exciting to say the least. However, I have not seen any final document that was signed with the same conditions.   It could be very possible that Iraq and the IMF negotiated various terms...and the one in December is not necessarily the one signed in March.





  If we all knew for a fact that the March final agreement was exactly as the December agreement, I would pretty much say this is a done deal in July or when Iraq receives their first loan payment. 




The bottom line is, if the exact same terms and conditions were in the final signed agreement, they [then?] you all should start smiling and get ready for something very exciting...


[On a scale of 1 to 10 with 10 being the highest that this will RV...I mean ever happening?  time frame?  how about this year?  What do you think?] 

On a scale of 1 to 10, I am going to go out on a limb here and say 9 for the current value increasing. The reason for a 9 is the backing of other international recognized institutions like the IMF, World Bank and others that would like to see Iraq emerge as a successful player in the global economy. Also, Iraq is promoting their country as a place to invest in. They want foreign companies and other countries to participate in their resources.  Last I recall, the CBI is reducing the USD within their county and encouraging everyone to use the Iraqi currency.

This will never happen at the current rate regardless how much oil they have. Remember, they have many other resources that are not controlled by international groups.





 Now for the second part of the question, when, very confident this year so I will give it an 8. The reason for this number is that many unplanned events can consume Iraq and perhaps move plans further out into the future.


 I do not believe that this currency will turn into a zero value because of the various countries and governments holding it.

I have no proof of what countries or how much except what has been published in past articles over the past 10 years.  Here is another question you may want to ask yourself.  If the Iraqi currency is worthless and always will be worthless, why are thousands of people and groups risking prison in Iraq to counterfeit it? My guess is that they know some where down the line this will be worth a lot more that what is is today.   If the CBI has no intentions of increasing is value, why are they talking about reducing the large notes and introducing to the citizens lower notes?

 ...it is to start preparing them for a monetary reform which includes the introduction of the lower denominations. This is all positive folks!

Thanks to Ponee at: http://www.dinardaily.net


____________________________________

 “Darkness cannot drive out darkness: only light can do that. 
H
ate cannot drive out hate: only love can do that.”
 Martin Luther King Jr

5 Re: RV/GCR Chatter Weekend Thread on Sun Jul 03, 2016 9:05 am

PurpleSkyz


Admin

"Independence Day" - Intel SITREP from Deep Source(s) for July 3

7/03/2016 02:41:00 AM  [url=http://inteldinarchronicles.blogspot.com/search/label/Deep Source]Deep Source[/url], Intel  
SITREP (Situation Report)

7-3-16
12:44 AM ET


Deep Source (RV/GCR):
"Worldwide revaluation has begun. Intelligence communications cut. 800 Numbers scheduled to be distributed within the coming hours.
"

Deep Source (Resistance):
"May you all have a 'memorable' Independence Day tomorrow."


Deep Source (The Alliance):
"Standing by."


Note from Deep Source(s):
"Please note: Intel that is being provided from us to you is indeed accurate but completely raw and does have a tendency to not follow through. There is no denying that we are all in frustration and loss of patience. It is entirely a fact that intel being provided is real, but there are constant on-going activities that change the situation. This is agonizing but you mustn't lose hope. Nothing lasts forever."

Thanks to: http://inteldinarchronicles.blogspot.com


____________________________________

 “Darkness cannot drive out darkness: only light can do that. 
H
ate cannot drive out hate: only love can do that.”
 Martin Luther King Jr

6 Re: RV/GCR Chatter Weekend Thread on Sun Jul 03, 2016 9:07 am

PurpleSkyz


Admin


____________________________________

 “Darkness cannot drive out darkness: only light can do that. 
H
ate cannot drive out hate: only love can do that.”
 Martin Luther King Jr

7 Re: RV/GCR Chatter Weekend Thread on Mon Jul 04, 2016 7:56 am

PurpleSkyz


Admin
Guru Enorrste


 Article:  "Parliament: the signing of Iraq to loans require him to impose extra taxes on the citizens needed to be reviewed"  First, I believe that it is obvious that this is all being directed from the IMF.  As trustee of the CBI they are fully in control now, in my view.  I see this, then as a positive move.

How, then, can raising taxes on the people of Iraq be seen as a positive move?  The answer is in the articles themselves.  First, only the wealthy are being taxed.  Anyone on government assistance is excluded.  Second, we read in the articles...that the goal is to get the money out of the mattresses.

 Obviously asking the wealthy to do this isn't working.  How else can they do this?  Simple:  tax it away from them.  In doing so the government increases its revenue while at the same time possibly reducing the money supply (to the extent that they don't spend it).

  Third, we read that $7 billion worth of dinars will be loaned out.  What is the effect of this? 

The first thing is that to get the money you have to use a bank. 

The second is that the money will be loaned out to specific individuals for specific purposes, thus directing money into the economy where the government (read IMF here) wants it to go.  And, third, the money will be loaned out over time.  This is important because it need not increase the money supply at all.

 Instead it will increase economic activity which will lead to an improvement in the value of the dinar (the stated goal of the IMF).  It will also make Iraq more attractive for foreign investors as they start to see things moving in Iraq economically.

  In short, this is a "stimulus" package of sorts created by the IMF to kickstart some serious economic growth in Iraq.  


  Finally, with respect to the introduction of the 50k note, I would disagree ...that it increases the money supply.  It is not as if the CBI is just handing out these new notes to people, which would in fact increase the money supply.

  Instead, the notes are purchased by people who are holding smaller denominated notes. The net affect on the money supply is zero.

  The smaller notes go to the CBI, who issued the larger notes, and will sit there until they are destroyed, if they haven't already been destroyed.  In any case, they are no longer floating around in the money supply as we know it.

 To sum up:  the IMF is pushing the plan forward.  The increase in taxes is bringing money out of the mattresses.  The loans will force Iraqi businessmen to use banks.  The increased economic activity will interest foreigners. 

All of this will have an upward pressure on the value of the dinar over time.  Of course the time frame is our concern.

 It doesn't appear that the IMF will bring Iraq into the "real world" by the middle of this year.  Hopefully by the end of this year we will see movement in that direction.



Thanks to Ponee at: http://www.dinardaily.net


____________________________________

 “Darkness cannot drive out darkness: only light can do that. 
H
ate cannot drive out hate: only love can do that.”
 Martin Luther King Jr

8 Re: RV/GCR Chatter Weekend Thread on Mon Jul 04, 2016 7:57 am

PurpleSkyz


Admin



____________________________________

 “Darkness cannot drive out darkness: only light can do that. 
H
ate cannot drive out hate: only love can do that.”
 Martin Luther King Jr

9 Re: RV/GCR Chatter Weekend Thread on Mon Jul 04, 2016 8:03 am

PurpleSkyz


Admin

Guru SteveI 


 With the IMF agreement in place and Iraq desperately needing the money, I am just not sure how this will all play out.

Iraq...seems to have maneuvered around many agreements in the past. Maybe this is different because the world is watching. Yet to be seen.  ​I have to admit and agree, things are looking better and better every day. I am very excited about July, but still very cautious...

Exciting times ahead!


~~~~~~~~~~~

[...you have mentioned you are hopeful for July a few times. Is that based on news or information from your sources?] 

 Here is my reasoning for mentioning July a few times.

  There seems to be a very good sound agreement between the IMF and Iraq. Now the so called "Letter of Intent" had some very specific details regarding the Foreign Exchange Policy.

When I read that section, among other it was very exciting to say the least. However, I have not seen any final document that was signed with the same conditions.   It could be very possible that Iraq and the IMF negotiated various terms...and the one in December is not necessarily the one signed in March.


  If we all knew for a fact that the March final agreement was exactly as the December agreement, I would pretty much say this is a done deal in July or when Iraq receives their first loan payment. 

The bottom line is, if the exact same terms and conditions were in the final signed agreement, they [then?] you all should start smiling and get ready for something very exciting..

[On a scale of 1 to 10 with 10 being the highest that this will RV...I mean ever happening?  time frame?  how about this year?  What do you think?] 

On a scale of 1 to 10, I am going to go out on a limb here and say 9 for the current value increasing. The reason for a 9 is the backing of other international recognized institutions like the IMF, World Bank and others that would like to see Iraq emerge as a successful player in the global economy. Also, Iraq is promoting their country as a place to invest in. They want foreign companies and other countries to participate in their resources.  Last I recall, the CBI is reducing the USD within their county and encouraging everyone to use the Iraqi currency.

This will never happen at the current rate regardless how much oil they have. Remember, they have many other resources that are not controlled by international groups.



 Now for the second part of the question, when, very confident this year so I will give it an 8. The reason for this number is that many unplanned events can consume Iraq and perhaps move plans further out into the future.

 I do not believe that this currency will turn into a zero value because of the various countries and governments holding it.

I have no proof of what countries or how much except what has been published in past articles over the past 10 years.  Here is another question you may want to ask yourself.  If the Iraqi currency is worthless and always will be worthless, why are thousands of people and groups risking prison in Iraq to counterfeit it? My guess is that they know some where down the line this will be worth a lot more that what is is today.   If the CBI has no intentions of increasing is value, why are they talking about reducing the large notes and introducing to the citizens lower notes?

 ...it is to start preparing them for a monetary reform which includes the introduction of the lower denominations. This is all positive folks! 



Thanks to Ponee at: http://www.dinardaily.net


____________________________________

 “Darkness cannot drive out darkness: only light can do that. 
H
ate cannot drive out hate: only love can do that.”
 Martin Luther King Jr

10 Re: RV/GCR Chatter Weekend Thread on Mon Jul 04, 2016 1:56 pm

PurpleSkyz


Admin

Monday, July 4, 2016





ALERT! This is a MUST LISTEN! RV UPDATE!!!








WOW///OMG From David: 
Intel-Exchange
Date: July 3, 2016 at 7:34 PM






This is a must listen to if you want to be 
smarter than a gur-fool at exchange time!!!!






To All:




OK, if anyone still doubts that the RV is real, then listen to this call with Sheldon Levert. HOWEVER, listen carefully to what and who he is  sending us to for advice after the RV.  BE VERY CAREFUL who you pick for advice.  




AND, Drop Box is often corrupted with viruses.




But, most of the procedural steps for this RV process is likely correct.  




Apparently, this call was recorded this Last Saturday.  

Per my sources, we can look for the 800#'s tonight or Tuesday AM.




This is a MUST LISTEN. This gentleman is a Banker, Lawyer and on the RV Committee and has been involved in the RV for 7 Years.  




This guy is a well-educated professor teaching international finance out of the Cleveland, OH area. He's been very involved in bringing about the RV.







 




'Highlights

​'​

:

 

- Major Sequences

- 4 step tier procedure

- Overview of all Stations

- Questions and answers

 

https://rs4627.freeconferencecall.com/storage/sgetHD/vhlt/uxA4z.mp3

 

 

"Victory to the Light "

 

I recommend that you download and listen to this file. Share it with your friends and family that are exchanging. It's packed with good suggestions! In fact, he says, "In working with the RV Committee ".....

​ ​

you can't argue with his credentials. Download this! It's a MUST LISTEN. 

 

Good Luck and God Bless You....​ 

 

Popeye and Olive Oyl.....







Thanks to: http://nesaranews.blogspot.com


____________________________________

 “Darkness cannot drive out darkness: only light can do that. 
H
ate cannot drive out hate: only love can do that.”
 Martin Luther King Jr

11 Re: RV/GCR Chatter Weekend Thread on Mon Jul 04, 2016 2:03 pm

PurpleSkyz


Admin
Super Mod



Member


Status: Online
Posts: 5
Date: 11s ago
JULY 4TH 2016
Permalink 



SITREP
Monday
10:00:00 EST
July 4, 2016
--------

A massive UST/WF/AIIB/CB/BOC meeting was held by video conference call Saturday evening from 9:15pm to 2:30am EST.

At that meeting, Monday evening through Tuesday morning was scheduled as dates to begin the global RV.

Chinese Elders wanted a global Independence Day, and thus created months worth of delays as decoys, spanning several years in order to root out all the sworn loyal enemies protecting the old financial system.

There are 4 known screen rates on four different screens (listed lowest to highest below):

Market (in-country)
International (worldwide)
Contract (private group)
Sovereign (audited value)

Contract rates are negotiable and thus flexible, and constitute all Internet Group redemptions with a corresponding structured payout program.

Banks expect anywhere from  a 40 minute to 3.5 hour exchange duration per appointment.

Each first basket country's currency will get its own account for tracking purposes when redeemed.

There are 7 currencies being redeemed in the first basket.  15 in a future second basket and 23 in a future third basket.

There were two discussed toll free number release times:

Primary
8:30pm EST Monday

Secondary
8:30am EST Tuesday

When you call the toll free 800# they will ask for your zip code and other personal detailed info then schedule an appointment.

A follow up encrypted email will then be sent out asking for additional know-your-client information.

If there's an issue with any of the information a bank representative will make a personal phone call to the appointment setter for further clarification and/or  instruction.

Once the RV starts it is to continue Ad Infinitum (in constant perpetuity).  This is why they were so cautious and painfully slow roll outing out the RV.

--------

God is with us. 

Thanks to Ssmith at: http://www.dinardaily.net


____________________________________

 “Darkness cannot drive out darkness: only light can do that. 
H
ate cannot drive out hate: only love can do that.”
 Martin Luther King Jr

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