Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
http://www.dinarchronicles.com/intel
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tman23:
No idea who makes the announcement or if announcement is as simple as an action of the government releasing the funds...BUT...If workers are to receive pay retroactive back to Jan 2014 as indicated by the Abadi government...and Ismail (CBI governor) as reported is in all meetings working on the State Budget...then logic would be the CoM meeting Tuesday and the Parliament waiting on deck over the 2014 Budget...AGAIN...all indicators point to November and 11/3 -11/4 being the timeline that we possibly get a real clue on the direction of their plans for monetary change.
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Regarding the Smart Card aka Qi Card (key card)...As of now it is NOT accepted outside of Iraq although it is linked to Master Card it is not activated "But will be by the end of the year" once a government announcement is made...One thing appears for certain and that is BY THE END OF THE YEAR for international "trade or use"...at least Qi and the ISX and ESX all have made these statements "by end of the year".
With governments, deadlines come and go with no resolve...with financial institutions such as banks and stock markets they 99.9% of the time meet time frames because their whole structure is dependent upon investment and performance...So BY THE END OF THE YEAR is a significant statement by these organizations...They are not speaking of a RV but rather being able to do business with Iraq currency internationally.
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Poppy3:
...WE SEE THE ISX DID NOT OPEN TO THE PUBLIC TODAY [SUNDAY] BUT TRADED IN COUNTRY AND CONTINUED TESTING THE SYSTEM.
BE AWARE OF UP COMING ACTIONS AND A RATE RELEASE SO THEY CAN GO INTERNATIONAL AT SOME POINT HOPEFULLY DURING THIS WEEK. THEY ARE DESPERATE FOR CASH FLOW AND OUTSIDE INVESTMENTS IN THEIR COUNTRY AND INVESTORS ARE NOT COMING AT 1166 BUT THEY WILL COME WHEN THE DINAR IS WORTH MORE THAN THE DOLLAR.
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Millionday:
THE ISX HAS BEEN CLOSED FOR A WEEK TO INSTALL X-STREAM FOR ITS ENTRY TO THE GLOBAL SYSTEM AS ...THEY OPENED BACK UP AT THE IMPOSED RATE AND HAVE NOT RELEASED THE INTERNATIONAL MARKET RATES YET OR GONE GLOBAL -- WHEN THEY GO GLOBAL IT WILL HAVE TO BE WITH A CALCULATED RATE OR PRICE FOR INTERNATIONAL TRADE OF THE DINAR AND ALL IMPORT/EXPORTS OR STOCK MARKET INVESTMENTS.
THE SYSTEM CAME BACK UP SUCCESSFULLY AND IS RUNNING WITH NO REPORTED PROBLEMS. THIS IS A HUGE STEP FOR A MARKET ECONOMY AND GLOBAL TRADE AND ALSO CBI HAS STATED THEY ARE READY AND ARE JUST WAITING FOR THE TIMELINE.
THE PEOPLE THAT STATED IT WOULD RV TODAY -- DID NOT KNOW IT ACTUALLY HAS TO GO GLOBAL BEFORE THAT IS A MUST.
[so, what is next and is their an indication of when?]
CBI IS INDEPENDENT AND IS READY - THE ISX IS HOOKED - WE HAVE A FULL GOI - AND MANY ARE HELPING IN THE WAR ON TERROR - ...AS OF RECENT REPORTS THEY HAVE 75% OIL MARKET AND ARE WORKING ON ARTICLE 112 AND 113 - AND THAT CBI STATED THEY ARE WAITING ON THE TIME TO DO THIS - SO WE WILL WATCH AS THEY FINISH THEIR STEPS AS WE WERE TOLD THEY WERE ACTIVATING THIS IN STEPS PER THE ANNOUNCEMENT CBI.
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[If iraq is in such dire straits, why have they not moved to do something about monetary reform by now?]
THEY HAVE COMPLETELY CHANGED AND REWRITTEN THEIR ENTIRE MONETARY POLICY ECONOMIC REFORM -- POLITICAL REFORM -- ADMINISTRATIVE REFORM -- BANKING REFORM -- I DONT THINK THEY HAVE MUCH LEFT TO DO SOMETHING ABOUT -- THEY HAVE CHANGED TO A DEMOCRATIC COUNTRY AND ALSO CHANGED ALL LAWS TO BE INTERNATIONALLY COMPLIANT.
WE ARE THE ONES THAT THINK IT HAS TAKEN A LONG TIME -- I BET BEING FOR AN ENTIRE NATION THEY ARE ACTUALLY IN A HURRY AND WE ARE THE ONES THAT THINK THEY ARE SLOW...
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TD:
It's a Oxymoron to say they must increase their rate due to budgetary constraints. HOW? How do you pay for that? And oil today went below $80 a barrel. In addition, the ISX and whatever rate they use is irrelevant in percentage gains and losses. They have already laid out their goals and intentions in recent articles which is a 4 year plan:
Deletion of the Zeros program to be started in 2015 (or 2016 as plan B)). THEN their goal is to exchange and retire all the 3 zero notes (estimated to take 2 years)...it's all spelled out pretty clearly what their "HOPE TO DO IS" (GOALS). The wild card in Iraq's case (has been and continues to be so) is actions and progress on the ground. NO ONE has a crystal ball to effectively tell the future, especially Iraq.