Tlar, thanks for posting this as separate thread, open to discussion.
"At a dollar the three zeros are gone just as they are at any number greater than a dollar. So deleting the zeros does not describe nor give us really a clue as to what the rate is or if it is over a dollar. "
I, too, have been a big proponent of "delete the zeros" as an event, yet always wondered how they would get it from .86 to $1.00 if delete the zeros only pertained to a specific rate of .00086 becoming .86. My belief is that the RV will be at .86 and then quickly be set at 1.00.
Your comments opened up a new avenue of thought, which was not only insightful but intriguing in view of my beliefs about delete the zeros. Initially, when reading your post, I thought your belief that they could delete the zeros and still have an initial rate of 3.50+ may be accurate.
Especially considering that your perception that "delete the zeros" may not be about the .86 rate (= 1.16 dinars per dollar.) It could very well mean any initial rate at or higher than $1.00 -- as 1.00 mark is when three leading zeros disappear.
Okay. Happy thoughts. But then, having the mind I do, I quickly remembered what so adamantly enforced my belief that the initial RV rate will be .86. Tlar, it was from the budgets.
So, here's the question:
Why would they post a rate (1.16 dinars per dollar) in four budgets (2013-2016) if the rate was not going to initially start at .86, which is .00086 minus the three leading zeros?
Although I've never waivered in my belief that the RV would occur through delete the zeros event, it was the rate actually being in the budgets that solidified my belief that the initial RV rate would be .86 and quickly move to $1.00 or over.
Tlar, how do you reconcile those articles and budgets revealing .86 (1.16 dinars per dollar) with rate over 3.50?
Very interesting thoughts you've posed, Tlar. You never cease to amaze those of us who are also trying to connect the dots to all the pieces in this puzzle.
But this just doesn't connect for me personally without knowing what you know that makes you believe it will be $3.50, as I've never seen any articles about that type of rate.
So, I can't shift my belief as there is no foundation upon which to build it. Not asking you to share before you are ready. :)
And certainly not challenging you. But just sharing with you that though I respect you a lot and value you as a person, the concept of a "delete the zero" event with a $3.50 rate does not connect to the puzzle I've built over here.
Look forward to your thoughts .. as always. :) Best, DW.
Dreamweaver - "Why would they post a rate (1.16 dinars per dollar) in four budgets (2013-2016) if the rate was not going to initially start at .86, which is .00086 minus the three leading zeros?"
Tlar - Dream, it was three budgets, 2014, 15 and 16. I wish I could give you a logical answer to that question that would make sense, but I can't. I have always thought it would be 1.16 or .86 cents.
I am as baffled as you are to you are because it is much higher than I have ever thought.
I even went through the thinking process of how they could justify the 86 cents.
But I have now heard from too many people with dinars at banks waiting on being funded between $3.00 to $4.00 and one person on my email list personally knows the guy who will sign off on the buy from B of A once they get the ok from the Treasury.
Yesterday another person, a twenty year friend, on my list called me. He was having a lunch with a business associate and they started talking dinars for the very first time.
My friend is a retired CFO of a company here in Dallas.
His friend, another accountant type, told him he was in a group that had deposited their dinars (over a billion) with another major bank and was expecting to be cashed out today at $3.71.
I personally talked to the guy and he was no starry eyed dummy.
So I called my contact who would not give me the rate but said he knew the rate.
I told him it was $3.71 and he asked me who it was I heard that from.
He was thinking it had to have come from someone in his group and he thought he might know him.
He was absolutely astonished that I knew the rate but he confirmed it, $3.71.
He told me that was the planned rate.
So putting everything together I have come to two conclusions. These banks stories we have been hearing for a while about group buys like Shanny and friends of mine and some on my emails recipients probably have some substance to them.
But the fact that most are reporting that the bank is offering between 3 and 4 bucks with no guarantees as to fees or costs, and people can't wait to jump in.
It makes sense to me because it removes those people from showing up at the bank with thousands of other people on d-day waiting to be cashed out.
With a push of a button and a quick phone call, the buy is accomplished without a visit to the bank.
Plus there is no negotiation for the bank because everybody who has already pre-agreed to sell their dinar somewhere between 3 and 4 dollars and the bank can charge them full fees.
Most of these groups are a billion dinars or more and even at 3 bucks per dinar, fees of 5% or more is a boat load of money the bank will make on this.
I see them trying to lock in the business.
I am convinced with the people I know who are participating that this is a real thing happening behind the scene, all across the country either being organized by the bank itself or the Treasury.
It can no longer be kept quiet because it has taken so long people like me with loose lips are beginning to get the word out.
This is a behind the scene deal done at a whole different level that the branches who most likely have no knowledge of it being done. So don't walk in to a bank with this story or you will get a blank stare.
If it was someone else telling me this story, I don't think I would believe it either.
So I understand everyone's skepticism.
Consider this your 4 o'clock email unless someone does get bought out today.
Then you won't miss what I have to say next.
I will scream it from the rooftops.
My expectations are that the actual buyout is not this Friday, but we are close. tlar
Tlar, I did see an article where 1.16 was posted in 2013 budget, as that is the article that led to my posts about the "caveat" placed in that budget along the lines that the Finance Committee or whomever wasn't going to be held responsible legally if rate wasn't 1.16 -- yet this caveat wasn't in other budgets. Too long and not relevant to go into as you just blew my mind.
Holy jumping Baghdad cows ... Now I understand why you have been so adamant.
I would be, too, Tlar.
Maybe, when they leaked that Turki was doing RV in January, he changed the plan from .86 to 3.71.
That's the only thing that makes sense about the switch regarding delete zeros, etc.
Also, I don't remember seeing any articles on delete the zeros recently ... past 4 or 5 months, so maybe there was a pow-wow with IMF or whomever and the plan changed early this year.
Tlar, I personally appreciate that you lost your contact a while back because of loyalty to fellow members on this site in sharing some of the info instead of keeping it hush hush. Though you've been reticent about a lot, you've still managed to slip enough details that many of us have been intrigued by what has transpired in your posts.
Never been a bank cash in person ... but your posts verifies it is not myth at all and may soon be occurring.
Very much appreciate your post ... and that noise you hear in the background is me shreading all the "delete the zeros" articles.
No shredding until RV day and then you will smell the burning motor of a mad shredder all the way to TX, my friend. Blessings to you Tlar.
I feel confident to make my first prediction:
You are going to have a horse named after you by Blue if this plays out as you expect. LOL. Best ~ DW
My friend who got me in.. has a lot of his IQD deposited, counted, verified by De La Rue machine.. and is waiting for the dang RV for his pre registered and verified account to be funded.
-I think it is a big gamble to do that.. but he did it. As a small timer.... I was not invited to join the group.
I dont know the ins and outs of it.. but I will verify that something is going on.. has been going on with the large groups for some time.
I have mentioned this before here.... but I prefer not to make it a big deal.. I am not part of it and I dont know much beyond what I just said.
-Much of it is simply dismissed as "Guru Nonsense".. but whatever is happening... something is happening... my bud gets daily updates.... hints and clues... etc. He wont tell me much.. because that is part of the deal.
Personally.. I think he went from thinking it would be an early exchange.. to realizing that it is still contingent on the CBI lifting the rate first... and then they will be the FIRST to exchange. That is about how I look at it.
-Like I said.. I dont know what the heck is going on.. I am just waiting patiently for the CBI to pull the trigger. I am not focused on either a date or a rate.
It may be an oxymoron.. but Folks.. we are closer than ever before! lol