Banks Screens and the Global Currency Adjustment

That's the sort of question you should be asking. Bottom line is that there is no huge computer change needed. We have computer programs that handle much more complicated information and updates than a simple rate change. It's all based off the USD anyway. I've never bought into the bank screen information as it just doesnt stand up to the smell test.

sheesh i would like to know about some other currency going up in value other than the dong and iqd .....never hear about them do we?

The dong RV has never made sense to me. They need a lop if anything. The IQD is the only currency that needs to RV, there isn't any other one.

well the 120 or so currencies to revale or devale are never discussed these basket of currencies are never mentioned just wondering?

milleriniraq wrote:The dong RV has never made sense to me. They need a lop if anything. The IQD is the only currency that needs to RV, there isn't any other one.

IF vietnam had lots of dinar reserves........up goes the dong when the resource calculation happens. my guess.

worthy of a $50/mil dong bet.

whoppertwins wrote:well the 120 or so currencies to revale or devale are never discussed these basket of currencies are never mentioned just wondering?

isn't our dinar bet based on the dinar RI, then all other currencies can change according to the countries' resources/reserves?

Len, I made a $50 bet too but the reasoning behind the RV makes no sense to me. The iraqi economy needs a strong currency like the US because it needs to buy most things. The vietnam dong needs to have a weak currency due to exports. Their natural resource is it's labor. If their currency went up, their exports would crash and so would their economy.

I have found the stories of 120 to 180 countries RVing at the same time a very, very remote. I have seen no where a list, or even where this story was first presented.



Not sure if it was just a rumor, or someones speculation.

milleriniraq wrote:The dong RV has never made sense to me. They need a lop if anything. The IQD is the only currency that needs to RV, there isn't any other one.

I'm not sure if this is a question or an statement... but either way....

There are many countries that need to go up in value. And some that need to go down.

The following is JMO

KWD needs to go down.

The Euro needs to go down.

The GBP needs to go down.

I am invested in all of these currencies.

The IQD needs to come up.

The UAE Dirham needs to come up.

The Renminbi REALLY NEEDS to come up.

The Riyal needs to come up.

The Yen needs to come up.

This is based on my own study and I couldn't care less about anyone's opinion on it. But I do encourage all to at least look into these for yourselves.

Guys,

I can appreciate all the opinions built around everyone's anxiety of this long long wait. But let's address a few things. The Mod's, well, my hat goes off to you guys for trying to even interpret all the misinformation circulating. However, it might be better to let everyone form their own opinion and at least try to understand that investments are just that.....investments. They all take time and they never materialize as always predicted. Now let me add my two cents here. What is going on is a global economic adjustment and it isn't built around the gold, the dollar, the GBP, the Dong or anything else. It is all built around the USA's position as the world cash reserve. This is all about politics..here in the good ole' USA as well as around the world. We own trillions of dinar and so do other countries. The hold up is who gets what and how much and how does that affect China and our debt position to them, Greece and their position in ME and of course Iraq and what global repositioning will come of all of this. Now I don't think the USA will reliquish it's position as "world cash reserve" We are still too powerful for that but you have to admit, it does give surrounding countries a fair shake at trying to negotiate their positions for import/export as well as government functions. Sit tight, the ride is about over.....God bless

In response to bank screens and the global currency adjustment. I have been into one of the big four, sat down with my personal banker of whom I've had a 10 year relationship with and explored many options. Things I'd like to share but probably shouldn't. He did tell me that memo's were issued. He did tell me that rates have been submitted and he did tell me that they expect cash in's to take place, "very soon" he didn't say when and he couldn't allow me to see any screen, however, he did say that any screen or currency adjustment is passed down by the UST and happens immediately and that there is no need for any regulated "trials" so to speak. He stated that it's just a secured government program built to interact worldwide and can be updated with the push of a button.......

So, I don't want to sound pessimistic because believe in most of what's being reported, however, relax and sit back, review your awesome future plans and more than that thank God for such an opportunity..

Read Bob Taylor's book, Global Financial Warriors. See pictures of the dinar we took from the bank of Bagdad...

zerhourwriter wrote:

milleriniraq wrote:The dong RV has never made sense to me. They need a lop if anything. The IQD is the only currency that needs to RV, there isn't any other one.

I'm not sure if this is a question or an statement... but either way....

There are many countries that need to go up in value. And some that need to go down.

The following is JMO

KWD needs to go down.

The Euro needs to go down.

The GBP needs to go down.

I am invested in all of these currencies.

The IQD needs to come up.

The UAE Dirham needs to come up.

The Renminbi REALLY NEEDS to come up.

The Riyal needs to come up.

The Yen needs to come up.

This is based on my own study and I couldn't care less about anyone's opinion on it. But I do encourage all to at least look into these for yourselves.

I have and could not agree more! AJ

Present day currencies are usually fiat currencies with insignificant inherent value. When the U.S. dollar was fully disassociated from the gold standard in 1971, the value of any fiat currency became solely determined by the willingness of its issuing State to accept it as payment for taxes. Some countries hold floating exchange rates while others maintain fixed exchange rate policies against the United States dollar or other major currencies. These fixed rates are usually maintained by a combination of legally enforced capital controls or through government trading of foreign currency reserves to manipulate the money supply. Under fixed exchange rates, persistent capital outflows or trade deficits may lead countries to lower or abandon their fixed rate policy, resulting in a devaluation (as persistent surpluses and capital inflows may lead them towards revaluation).

In an open market, the perception that a devaluation is imminent may lead speculators to sell the currency in exchange for the country's foreign reserves, increasing pressure on the issuing country to make an actual devaluation. When speculators buy out all of the foreign reserves, a balance of payments crisis occurs. Economists Paul Krugman and Maurice Obstfeld present a theoretical model in which they state that the balance of payments crisis occurs when the real exchange rate (exchange rate adjusted for relative price differences between countries) is equal to the nominal exchange rate (the stated rate) (Krugman, Paul and Maurice Obstfeld. International Economics (2000), Chapter 17 [Appendix II]). In practice, the onset of crisis has typically occurred after the real exchange rate has depreciated below the nominal rate. The reason for this is that speculators do not have perfect information; they sometimes find out that a country is low on foreign reserves well after the real exchange rate has fallen. In these circumstances, the currency value will fall very far very rapidly. This is what occurred during the 1994 economic crisis in Mexico.

Generally, a steady process of inflation is not considered a devaluation, although if a currency has a high level of inflation, its value will naturally fall against gold or foreign currencies. Especially where a country deliberately prints money (a usual cause of hyperinflation) to cover a persistent budget deficit without borrowing, this may be considered a devaluation.

In some cases, a country may revalue its currency higher (the opposite of devaluation) in response to positive economic conditions, to lower inflation, or to please investors and trading partners. This would imply that existing currency increased in value, as opposed to the case with redenomination where a country issues a new currency to replace an old currency that had declined excessively in value (such as Turkey and Romania in 2005, Argentina in 2002, Russia in 1998, or Germany in 1923).

milleriniraq wrote:The dong RV has never made sense to me. They need a lop if anything. The IQD is the only currency that needs to RV, there isn't any other one.

Me neither. And it devalued twice last month, so it really is a dead duck presently. In time it may be worth more, but for now I am in agreement.

It has been a great one to promote though, just the name seems to appeal to many

In reference to 19billion9 memos issued is correct. Internal memos have been sent to upper management to get everyone ready for this event. Have been on high alert . Rates have been mentioned. Also a 3 tier system has been mentioned for cash in.. Cash in is on the horizon. Keep the faith...

MEMO... has just come in that Tier 2 of cash in is complete..Tier 3 is US..We have rounded third base and headed home..KEEP THE FAITH...

edlou wrote:MEMO... has just come in that Tier 2 of cash in is complete..Tier 3 is US..We have rounded third base and headed home..KEEP THE FAITH...

How long till we land on that home plate?

High Alert..Can touch the plate at any minute..KEEP THE FAITH..

edlou wrote:High Alert..Can touch the plate at any minute..KEEP THE FAITH..

Okay, thank you.

19billion9 wrote:In response to bank screens and the global currency adjustment. I have been into one of the big four, sat down with my personal banker of whom I've had a 10 year relationship with and explored many options. Things I'd like to share but probably shouldn't. He did tell me that memo's were issued. He did tell me that rates have been submitted and he did tell me that they expect cash in's to take place, "very soon" he didn't say when and he couldn't allow me to see any screen, however, he did say that any screen or currency adjustment is passed down by the UST and happens immediately and that there is no need for any regulated "trials" so to speak. He stated that it's just a secured government program built to interact worldwide and can be updated with the push of a button.......

So, I don't want to sound pessimistic because believe in most of what's being reported, however, relax and sit back, review your awesome future plans and more than that thank God for such an opportunity..

--------
Thank you for being a voice of reason in this quagmire of bank screen flashes, ticks, and tricks. I used to work for a bank and I have also been an IT programmer and program manager for over 12 years. As sophisticated as technology is today, some of what was being reported to us on this forum just didn't jive. In my experience, even when we retired legacy systems, it was not necessary to flash or tick the live systems, especially not during normal business hours. I see absolutely zero value in what was reported in this regard and hope that we will expend our energies moving forward on valuable developments. COME ON RI/RV!!!!

AS I STATED BEFORE WE ARE HEADED TOWARDS HOME PLATE. BANKS ARE STATING THEY ARE NOT HANDLING THE DINAR. DUE TO EXCESSIVE PHONE CALLS. NOT TRUE OF COURSE.. TODAY BANKS ARE GETTING PREPARED FOR US TO SCORE THE WINNING RUN..THANK THE GOOD LORD..KEEP THE FAITH..

Been headed towards home plate 4 a while now-my left leg and rear are getting pretty hot-somebody pour some H20 20 feet from the plate-

edlou, be cautious of the spread of "misinformation". Repeating an untruth, is still an untruth. The CBI has not updated, the rate has not been published. There has been no cash in.

Cautious optimism.

Bigdaddytim..appreciate your comments.. I understand that governments run by someone elses rules and what is best for them. We are an after thought. CBI has not updated..That update will be for us..TPTB will have theres in place first..Once they are satisfied..We will get to touch home plate. Misinformation is not how I play..KEEP THE FAITH..

edlou wrote:AS I STATED BEFORE WE ARE HEADED TOWARDS HOME PLATE. BANKS ARE STATING THEY ARE NOT HANDLING THE DINAR. DUE TO EXCESSIVE PHONE CALLS. NOT TRUE OF COURSE.. TODAY BANKS ARE GETTING PREPARED FOR US TO SCORE THE WINNING RUN..THANK THE GOOD LORD..KEEP THE FAITH..

I respectfully ask you to take that sort of rhetoric to another thread if you can please.

No one can give a date. Banks don't know anything. They are guessing just like we are.

19Billion19 thanks for sharing your insight with your personal experience. I had similar experiences and I am glad to see I was not the only one. Your post was great. Thanks again.

We are in an ending cycle. Just how long this cycle takes... no one knows. IMO this dinar investment was dead and didn't move forward significantly for about two years. Things didn't start to move forward again until the end of Dec of Last year. And ever since June the Iraq has been a hot bed of Arabic progress.

No RV will happen until Parliament votes on removing the 0's from the rate. This SHOULD have happened weeks ago and then the up and went on vacation when they weren't suppose to.

News says that they will return tomorrow. Will it be the first thing on their to-do list? I don't know. When they finally vote and approve it how long till they implement? I dont know. Immediately is the only thing that makes sense to me (And perhaps that was the reason for the unexplained illegal vacation they took. Because the rest of the world was not yet ready so they had to throw some smoke)

The point is. We are all in a great investment. Lets stop listening to lies that hurt us emotionally. It censor but the truth is it comes when it comes. But it is coming. :cheers:

Lightfoot wrote:"We own trillions of dinar and so do other countries."

Is this just a guess 19billion9?

Do you mean us investors or do you mean in the US Reserves?

I've never seen any proof or an article of any kind saying that the USA owns trillions of Dinar...if anyone has can you please post it?

Thanks, Lightfoot

You wont find anything written in black and white if thats what you mean.

But if you have the time to really look into the history of what America has done with all the currencies involving Iraq a picture starts to appear. One part of that picture looks a lot like the American government having a bunch of dinar. (The US Reserves) And the US Reserves SHOULD have a bunch of dinar.

An American General oversaw the operations of providing Iraq with the new currency.

(Im drawing a blank on his name right now. A little help from anyone so we can help this person here)

He oversaw the removal and exchange of the Saddam Dinar and the Swiss Dinar. (This exchange in the future will be used to explain where America got SOME of the new IQD from)

If you weren't aware, America commissioned (paid for) the the printing of the new IQD. And to me it would make since that America (wouldn't pay for) but simply take new IQD before it was given any value at all. Its not stealing if you paid for it and you take it before it is even considered a currency.

America is a lot of things. But one thing it is not is a stupid philanthropist. America is a capitalist. There was money to be made and the opportunity was not going to be passed up on.

What is the point of E.O. 13303 if not to legalized themselves having, what the world considered, terrorist money?

Nothing has changed in thousands upon thousands of years. You concur a country.... You own that country. And tell me a better way to own a country than to control that countries currency.

So does America have IQD... All I can say is that AMERICA PRINTED THE IQD.