ShawnW - His opinion on where this RV sits

by **ADMIN** Tue Dec 13, 2011 4:47 pm

ShawnW (BSP) – Post By VNJW PTR Forum: Dinar Recaps 12/12/11
DECEMBER 12TH, 2011
Posted by ShawnW (BSP):

Where this RV sits IMO -

Well, I recommended in Chat yesterday that it may be a good idea for some to zoom out on their view of the RV so that they are not so whip lashed with the ups and downs…..

I decided to take my own advice, and I think after talking with a few others that I have a feel pretty good about posting this information… While this is just my opinion, If you can read it with and open mind I think you may agree as it makes a lot of sense to me…. I would love to hear others input and opinions on this….

Well lets look at a few things that I am confident we know…..

The banks are sitting at 00.000 for 130+ currencies….. I believe it is actually 142 currently. This has been ongoing for 2+ weeks and quite honestly amazes me…. but lets think this through, obviously we cannot state that because the banks are at 00.000 this means RV in 24 hours or whatever time frame.
…

Why are they at 00.0000, I have heard several reasons floating around, to stop trades on those currencies so that the banks can clear their books and not be stuck in the middle of a trade when this does happen…. I have also heard it was due to the adjustments that the IMF was doing. Well both IMO are accurate.Dan has said in the past that he does not rely on bank intel as they will be the last place we will see the RV and he is correct… But in saying that, it is one reason why I think this piece of the puzzle is so important.

If there was not TRUE INTENT to get this global adjustment done ASAP the banks would have gone back to the old rates and started trading those currencies again…. But knowing that they would have to go through the process of clearing their books again they would not, with out concrete info that this RV was not going to be taking place ASAP…

So whether it is the banks being stubborn and holding onto this rate or we are in the final stages of this happening, either way at this point we are not moving backwards, and until we do on this part, we sit in a very good spot and there is no reason to fret…

Next, similar to this we have heard several reports that this RV money is already being spent in certain areas in Iraq. Contractors being paid and so forth…. I have not seen and credible evidence of a full blown RV in Iraq but as far as contracts being paid this brings me to the point that Iraq is not holding this up…. they are moving forward on this to the extent that they can as they are desperate to start rebuilding their country and tired of waiting on the rest of the world to come to terms so they can finally start….

Now in saying that, there is a story line that must play out in Iraq and I think the news we are seeing and hearing is that story, does it affect the RV? only to the point they want the dots to be connected in public when this happens.

I do not for one second Buy that Iraq needs to be out Ch7 or the HCL needs to be finalized or whatever else people want to bring to the table regarding Iraq…. otherwise we would not be at the point we are regarding the banks and so forth….

This RV is now on the world stage and the hold ups/delays IMO are only that this is done right the first time.. while there are certain countries that feel they have the power to adjust as they feel fit, mostly this rests with the IMF at this point IMO… Even to the point that 9 countries were added back into the basket last week. Was that the final adjustment, only time will tell, but one thing I do know…

At this point we need to watch this play out on the world stage, Do I think we are close ABSOLUTELY, very possibly today…… but I also see no reason to get down on this, or anxious. we are so close and so much of what we are seeing is pointing to the fact of no going back.
I hope everyone has a great night and let’s bring this home….

Shawn

by debaumgardner Tue Dec 13, 2011 4:52 pm

What was the time frame for the Kuwait RV to happen after they talked about finances out loud to other countries?

by therealbutterfly Tue Dec 13, 2011 4:58 pm

debaumgardner wrote:What was the time frame for the Kuwait RV to happen after they talked about finances out loud to other countries?

Kuwait didnt rv. Cant compare what happened in kuwait to what has happened in iraq for over 8 years.....

by Labrann Tue Dec 13, 2011 5:17 pm

therealbutterfly wrote:
debaumgardner wrote:What was the time frame for the Kuwait RV to happen after they talked about finances out loud to other countries?

Kuwait didnt rv. Cant compare what happened in kuwait to what has happened in iraq for over 8 years.....

So, what about this post?

* GMartin (Kuwait RV VS IRAQI DINAR RV): DV 11/30/11
DECEMBER 1ST, 2011 09:13 AM · POSTED IN CHATS & POSTS (IRAQI DINAR INFO)
I have been researching for quite sometime now regarding this so called re-evaluation of kuwait and I have posted my findings on this site earlier this year. I was able to pin point the time frame Kuwait increased and decreased their value. I will state that in my previous findings posted somewhere on this forum Kuwait RV twice; One was semi low and another closer in value all in a time frame of 5 years. They also had two currencies in existence during this time. Check that on wikipedia Don’t believe it ever happened to begin with? check it out for yourself – http://www.cbk.gov.k…ange_rates.html
So in theory Kuwait did technically revalue BIG overnight and set a limit on the amount of funds they could decrease and increase meaning RV at XXXfils cannot exceed XXX fils in XXX timeframe hence 5yrs reference. They planned this for several years…

by **rick152** Tue Dec 13, 2011 5:39 pm

therealbutterfly wrote:
debaumgardner wrote:What was the time frame for the Kuwait RV to happen after they talked about finances out loud to other countries?

Kuwait didnt rv. Cant compare what happened in kuwait to what has happened in iraq for over 8 years.....

Thats right... Kuwait was only "momentarily" Devalued as to get they're country back from the saddist Hussein. Then they were meerly reinstated. Iraq is a complete "rebuilding" of a nation from the get. Government, mind set, stabilization and on and on...complete...rick152

by TIMSTERS Tue Dec 13, 2011 5:41 pm

Try going to your local bank and ask the currency person about the rates on the screen . if they are as nice as my bankers they will let you see the currency screens to see that they have rates posted...same as always .ive been to my BoA as well as my 5th /3rd they know me well. they know im into currency tradeing. so they help me with info such as current rates . so please do your own DD and it will put this 00.0000 thing to rest once and for all.. PS.. NOT BASHING! JUST SAYING .

by SEBtopdog Tue Dec 13, 2011 5:54 pm

TIMSTERS: About your avatar --

I think some of the gurus may need to borrow it!

by **rick152** Tue Dec 13, 2011 6:14 pm

SEBtopdog wrote:TIMSTERS: About your avatar --

I think some of the gurus may need to borrow it!

This is the quote of the day...congrats...rick152

by 1alaskan Tue Dec 13, 2011 8:45 pm

So if the IQD rate jumps to $3.22 is that a RV or "reinstated"?

Personaly I really don't care what you call it, I'll take it.

by **rick152** Tue Dec 13, 2011 8:57 pm

3.22 would be RI that could be + a percentage for "inflation" Like 3.86 or close. beyond like 4== would be a RV...rick152

by 1alaskan Tue Dec 13, 2011 9:08 pm

Like I said, I don't care what you call it, I'll take it.

by alohajim Tue Dec 13, 2011 11:05 pm

I dont care what you call it either, but dont call it OVER till the CBI says its over......

by **dinarstar** Tue Dec 13, 2011 11:12 pm

SEBtopdog wrote:TIMSTERS: About your avatar --

I think some of the gurus may need to borrow it!

ShawnW - His opinion on where this RV sits

ShawnW - His opinion on where this RV sits

Re: ShawnW - His opinion on where this RV sits

Re: ShawnW - His opinion on where this RV sits

Re: ShawnW - His opinion on where this RV sits

Re: ShawnW - His opinion on where this RV sits

Re: ShawnW - His opinion on where this RV sits

Re: ShawnW - His opinion on where this RV sits

Re: ShawnW - His opinion on where this RV sits

Re: ShawnW - His opinion on where this RV sits

Re: ShawnW - His opinion on where this RV sits

Re: ShawnW - His opinion on where this RV sits

Re: ShawnW - His opinion on where this RV sits

Re: ShawnW - His opinion on where this RV sits