R.V. / GCR
October 7, 2014 at 12:18pm
the meetings that happened yesterday were very positive in that the french stood up to the nation of IRAQ and said get your government seated and then the french told the USA get in line or you will be sent to the end of the line
And the treasury to get its act together or they will impose a worldwide sanction against the usa economy , and then the Chinese put out their ultimatumum that The USA BE on BOARD or it will collapse the ENTIRE GOVERNMENT of the USA whether they like it or NOT the choice is their's
We have less than a few hours to go for Operation Don't blink to its in completion
The other thing that has to happen is the return of all the overprinted Dinar that if its not returned the IMF will have to recalculate the Iraqi denomination of value..
Because if they do not turn in the overprinted money then its in essence saying that the world is going to continue with fiat currencies and THE answer to that IS it is not allowed.
Enjoy your day...peeps. MODE.....Happy Timberdays..............TIMBER we is about to be Paid.
I still say today...yes? Today!
FINAL NOTE: THE USA DOES NOT WANT ECONOMIC SANCTIONS FILED AGAINST THEM (HINT HINT)
v kosta > R.V. / GCR:
Wasn't it the French that overprinted the dinars according to Zap in earlier posts?
Carden > R.V. / GCR:
T I M B E R ! ! !I second that EMOTION.
The "over-printed money" mentioned here is the BIG QUESTION. Because under the Bush presidency a FED approved-designed printing press and instructions and paper, were given to IRAQ and they were allowed to print money same as USA does, just because!
It's this series of notes which are in question now. How this will be dealt with is the arm-wrestling that's going on. Is this money counterfeit???
Well, and if it is then why isn't all the USD counterfeit? Who has the AUTHORITY to call it counterfeit anyway????? The back and forth shouting continues apace while we all sit twiddling our thumbs (and some not so patiently!).
The IQD is being run through the De La Rue and being burned.
It's not continuing in circulation. It's being digitally accounted for and credited via wire bank to bank. So, will the credit be given to those who in their corrupt ways, thought to enrich their family for generations through this wrong-headed action?
NO. We understand that Maliki's son may have bought FOX NEWS and several other media venues.
This money will not be allowed to be spent, no matter how Machiave
llian the serpentine path has taken, that snake will lose it's head.
GO RV! GO GCR!
Ml > R.V. / GCR:
May I ask -- how long have they known about the overprinted IQDs and what is the method for their return.? Are these overprinted IQDs circulating in the USA? Please help me understand better...
Carden > Ml:
"They" have known ever since the printing press was delivered. It's one of those back-room deals that wasn't sanctioned by any authorities other than the UST/FEDs (just in my humble opinion).
I wonder, who in the world would agree to this? Other presses have been given to other countries and the FED prints much of the world's currency. This will be something that is managed going forward.
When were these ultimatums given? I thought R.V./GCR said they were delivered in meetings yesterday? or did I misunderstand?
EXOGEN > G M:
YOU HAVE TO FOLLOW GLOBAL TIME ZONES, NOT JUST USA TIME ZONES
Springs > EXOGEN:
Always been told East to West. Does that still stand? In Australia its after 4:00 am on Oct. 8. Maybe in a few hours?
UN, G20 and BRICS pointing fingers at the USA.
They are caught in a wrestling match....hmmm wonder who will be tapping out :-)
The velocity of the issues at hand is increasing rapidly.
U.S. in an arm-bar it appears.
EXOGEN > Vinman:
YES A MULTIPLE COUNTRY ARM BAR
Aloha Leslie It looks like the United Nations, G-20, and the BRICS are pointing their fingers at the U.S. (finally)
and wrestling (tapping out) some integrity, honor and proper motion out of them. Yay!!
U.S. taps out, blows up, exhausted!! Point...Match
Freedom returns to U.S. in a matter of seconds.
New Clues.....Since I left!!!
UN, G20 & BRICS are Pointing their Fingers at The US for the Delay (and letting the World Know It)!!!
Issues are being Addressed at Rapid Speed!!!
U.S. Is READY to FINALLY CROSS THE FINISH LINE AT ANY MINUTE (don't want to be Sanctioned)!!!
France is telling Iraq (get YOUR $HITT TOGETHER & MAKE YOUR ANNOUnCEMENTS OR ELSE)!!!
WE HAVE SNOW......BUT THIS TIME FULL SANTA IS EMINENT!!!
WE ARE REALLY ALMOST THERE!!!
MAJOR PROPS & A BIG SHOUTOUT TO THE BRICS, UN, G20 & FRANCE
R.V. / GCR
October 7, 2014 at 1:32pm
The cheesemover is under suicide watch, and the lower denoms being the 10,50,100,and 1000's are released today. and yesterday there was talk of the 250's and 500's were out… so look at all the news...
Must remain calm cool and collected and let the authorities take care of the last few pieces of work so we can do this comfortably
Don't listen to the folks talking about going out of the country to exchange ….that statement alone shows they do not know what they are talking about...........NEXT to come...watch for the words foreign trade agreements today...in the NEWS....
FD > R.V. / GCR:
R.V/GCR, will they still honor the old notes with all zeros? How long will the two notes run in parallel?
R.V. / GCR > FD:
Do not worry for yourself as a currency holder… They want to pull in your 25,000 k dinar notes so they can move on with their rebuilding so relax
There are no rules at this time …It seems that in the past some counties have given a currency change out 365 days to be completed and others at times have allowed 90 days to turn in currency
The only thing I can remember being as old and ancient as I am.....Remember the Blue chip and green chip stamps?
ITS kinda like tha….t OK Folks you have 90 days to turn them in or redeem the stamps as they will no longer be acceptable for gifts prizes or cash after said date
Can someone explain the significance of the release of lower denoms?
It's very simple. Iraq needs lower denominations if the currency changes in value. If the dinar is worth $1 then how do you spend a $25,000 note? You need small bills.
I'm guessing it means they are moving on with their new reformed economy.
Easier to work with??? More practical???
October 7, 2014 at 1:56pm
looks like they postponed it until tomorrow...i'll get confirmation later...
dinardiva > Omega Man:
Postponed what R V ?
Omega Man > dinardiva:
Investigators turn bankers into informants in forex probe: WSJ
Posted by EXOGEN on October 7, 2014 at 1:15pm
(Reuters) - U.S. investigators have turned several bank employees into informants to gather evidence against some of their colleagues in the probe of possible manipulation of currency markets, the Wall Street Journal reported, citing people familiar with the matter.
Britain's Financial Conduct Authority (FCA) and U.S. regulators are investigating allegations that dealers at major banks colluded and manipulated key reference rates in the $5.3 trillion-a-day foreign currency market, the world's biggest and least regulated.
Investigators from the U.S. Justice Department and Federal Bureau of Investigation (FBI) are preparing to seek criminal charges against individual traders as early as next month, the Journal said. (on.wsj.com/1qPzF5W)
Leslie Caldwell, head of the Justice Department's criminal division, told Reuters last week it was using more body wires and wiretaps to gather evidence in investigations.
Caldwell also indicated that there may not be any prosecutions this year in the foreign exchange probe.
"I think it's too early to tell. We're looking at the evidence, and we're still working very hard, and there is a lot left to do, so I think it's too soon to say," he said.
The Journal report said it isn't clear which banks had secret informants cooperating with the government investigation.
Ethical standards in the foreign exchange market have been put under the spotlight since investigators in the United States, Europe and Asia started examining whether small groups of traders colluded to rig prices by sharing information about their clients' orders.
The global inquiry has not yet concluded but the review has shaken the industry, with dozens of top dealers put on leave or fired and banks under pressure to sharpen up on supervising their traders.
(Reporting by Arnab Sen in Bangalore; Editing by Gopakumar Warrier and Greg Mahlich