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RV & GCR: News, Intel, Rumors and Opinions - October 12, 2014

10/12/2014

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News, Intel, Rumors and Opinions - October 12, 2014

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

http://www.dinarchronicles.com/intel

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SteveI:

...lots of questions regarding the so called new bills. I did some research and contacted [Guru] Ray and others and they all came back with the very same answer, "They said that is the currency that has been used by the Iraqi people for quite a while now. Nothing new."  

Matter of fact, one of Rays contacts has some and was going to show Ray the bills.  

So, the actual new currency has not been introduced into the country yet and will not until the rate changes. 

When will the rate change? As soon as the budget gets passed according to many. 

So lets just sit back and wait for the budget to get passed and see what happens.

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Millionday:

CBI HAS MADE HUGE PROGRESS TO MOVE TO THE GLOBE...THAT IS WHAT WILL SHOW US A RATE.

THEY HAVE MADE THE TECHNICAL ADVANCEMENTS NEEDED AND ARE USED BY OTHER CENTRAL BANKS. 

CBI IS READY TO ACTIVATE THE MOVE TO THE GLOBE AND INTENDS TO DO SO. 

THE TIMELINE IS BEAUTIFUL WITH WHAT WE HAVE BEEN SEEING -- WE DONT HAVE INK ON IT BUT WE HAVE BEEN SEEING A RUSH TO GET THINGS DONE. 

THE MOVE TO A MARKET ECONOMY AND THE ECONOMIC DEVELOPMENT IS WHEN WE WILL SEE THE REALITY RATE AND THE IRAQI VALUE OF IRAQ.

[isnt the plan to open the budget on oct 15 and begin payments?]
YES THEY HAVE ANNOUNCED THAT THEY HAVE MANY AGREEMENTS THAT THEY MADE THAT REQUIRE THAT THEY BEGIN PAYMENT ON THE 15TH AND WE ALSO KNOW THAT THEY HAVE BEEN HUSTLING TO GET THE BUDGET DONE AND SAY THEY ARE MEETING FOR THE READING AND VOTE ON THE 15TH -- THEY COULD RELEASE THE RATE AT ANYTIME -- THEY ARE ABLE TO DO THAT DUE TO THEIR INDEPENDENCE AND POWER.

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Enorrste:

Article: 
"Central tends to activate cooperation with the world"

Quote:   
"the requirements of the market economy and the provision of banking services to investors Iraqis and foreigners, especially that the country is on the verge of activating cooperation banking International service requirements anticipated in the development of the Iraqi economy, which is guaranteed by the new government program."

I especially like the term "on the verge" which seems to indicate that they are about to make a move. 

Add to that mention of a "guarantee by the new government program" and I'm led to believe that this is a subtle way of saying that Al-Abadi is totally behind this move, while we know that Maliki was not. 

It all sounds good to me!

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tman23:

The 2014 Budget...There will be 3 readings, the FIRST reading is scheduled for Tuesday the 14th, usually the second reading takes place 2 weekends after the first reading but because of the due diligence the second reading may be Thursday. The Third reading and vote will take place before the end of October. That said; The 2014 Budget with numbers is not the trigger for the CBI by any means but what it will show is a national consensus (meaning parties agree to the language and prove there is harmony). The CBI needs to see unity first and foremost inside the GOI...The Kurd Ministers taking there seat, Barzani (PM) signing an agreement that entails a list of MoU's and the adoption of the 2104 Budget is the START.

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Poppy3:

MUCH GREAT NEWS AND TIMING ISSUE IS OUR ONLY HOLDUP AS I HAVE SAID TIME WILL REVEAL THE FACTS EVERY DAY. 

ACCORDING TO ALL THE NEWS AND THE SOURCES WHAT WE NEED COMPLETED IS FRONT AND CENTER IN PRIORITY TO THEM AND THIS IS THE BEST POSITION WE HAVE EVER BEEN IN IN MY 11 YEARS.
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