Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
INTEL CLUES & IMAGES AT 1:04 EST:
July 21, 2014 at 1:27pm
1. FRN's being burned and destroyed world-wide
2. Countries no longer accepting US Dollars
3. Jack Lew under high pressure to release the Asset backed TRN's and time is running out
L Klempke > EXOGEN
July 21, 2014 at 2:00pm
The dollar is under extreme pressure due to the BRICS alternative banking system.
Other countries joining and can detour around the dollar.
Dollar not being used in global trade.
Jack Lew involved with trying to keep dollar from crash/burn.
We are watching the value of the dong vs dollar.
Mark > L Klempke
July 21, 2014 at 2:03pm
Making more sense to crash and burn the FRN prior to the launch of the TRN….then UST can benefit more from the RV on the dinars they supposedly hold.
You all already probably know this..I am just a little slow!
But, this strategy would obviously benefit us as well….let's hope!
L Klempke > EXOGEN
July 21, 2014
The BRICS are holding the high cards. Time is running out
Let's go Article VIII! I really believe Article VIII is coming this year.
When you look back at the 2013 Article IV Consultation, the IMF called for the CBI some 5-6 times to move to Article VIII in that report.
IMO, the reason they have held off on the 2014 report is to give the CBI time to accomplish this request.
This article is very "matter of fact" with this statement..."He pointed out during his speech for the "morning" that this trend will strengthen the position of local trade internationally, after the currency gained international acceptance process,..."
Quote: "pointing to the importance of activating the measures adopted in the present time.."
They mean now! My optimism is good but I don't forget the government needs to be formed, laws need to be passed, and they need to get control of the terrorism.
NO OFFICIAL WITH THE CBI OR IMF HAS EVER STATED ANYTHING ABOUT A FLOAT...THEY WANT A FIXED RATE THEY CAN MAINTAIN FOR 24 TO 36 MONTHS TO ALLOW FURTHER STABILIZATION OF THEIR ECONOMY WITH THE NEW RATE.
THE IMF AND CBI HAVE ALWAYS SAID THAT THEIR RATE WOULD BE THE MOST VALUABLE IN THE MIDDLE EAST MAKING IT THE MOST VALUABLE IN THE WORLD BECAUSE AT PRESENT THE KUWAIT DINAR IS THE MOST VALUABLE IN THE WORLD @ $3.58 LAST TIME I CHECKED ABOUT A MONTH AGO.
I HAVE SAID JUST LIKE THE IMF WEB SITE STATED IN 2010, THEY APPROVED $3.22 PLUS UP TO 20% MORE FOR INFLATION MEANING UP TO $3.86.
EVEN THOUGH THEY HAVE FOUND MUCH MORE RESERVES THAN AT THAT TIME...I STILL SUSPECT WE WILL SEE A RATE WITHIN THAT RANGE.