Mountain Goat Update From TNT
UU7534 – Meine Schwesterns – mnt goat
Hope all are well. Today I make this post to talk about many, many things. Mainly to bring some more new news and to clarify many misconceptions about the Iraq currency.
First let me tell you about the wonderful time I had with Meine Schwesterns this week when they came to visit. We gather we sit, eat and mostly talk mostly am Sonntag. This visit was most interesting since we talked about what is going on with this global currency reset.
I of course had to interject my viewpoints and facts to the conversation. Meine Schwestens were amazed at the information we talked about and thought it was very informative. They know about my posts on TNT of other news and wished that I could bring this information to you today.
So I am going to tell you now what we talked about. Very powerful news for today
First let me say I have an excellent contact whom I have been talking to for many years. He is a very close with working with the CBI. This what he is telling me as I discussed this with Meine Schwesterns.
Remember in posts when I talked about the project to remove the zeros? Now the CBI has been given the green light to RV by the government of Iraq.
This is so very powerful news since they have been stalling and telling their citizens this would happen for a long time. I am talking about the IQN issuance and revaluation. They are now once again telling them in the coming weeks this will go international.
The government of Iraq supports this move and is pushing the CBI do it. This is also such outstanding news for us. The CBI note only wants to have a stable currency they want and need it to have a tremendous value, if not the highest in the world. Yes- you heard it right. It is coming soon.
There is a condition however, given to the CBI, and that is to complete the project to remove the zeros from the IQD currency or to remove the old IQD. What does this mean?
It means to do the final collection of the remaining IQD 3 zero notes to at least a 75% levele of what is now in possession of the citizens in Iraq. Note I did not say USA. This is for in country of Iraq only.
They are going to allow time to do this. They feel this could be accomplished in a matter of a couple of weeks or less. So I would say they are aligning this to be completed for the first week in October.
But also remember we get news late intentionally and it usually is a week or more overdue. This information also lines up with other information I received last week stating the RV would not be released in the USA until October or very late September. This is why I lend so much merit to this new news.Project to remove the zeros
In order for the CBI to implement the final stage of this project they have already seeded the banks in Iraq with large quantities of USD for this purpose. So this process is already underway, not going to happen.
Why? Cause they will pay out USD for the IQD 3 zero notes, thus removing them from circulation. With the RV they also will drop the zeros in the exchange in Iraq (in the country of Iraq only).
They plan to then issue the lower denoms or IQN into circulation.
For instance if you took a 25,000 dinar note (IQD) and exchanged it after the RV it would be worth $25 USD to the Iraq citizen plus the added value of the RV for example if it RV’d at $3.44 they could possibly get $86.00 back in USD.
You might say – so how do they benefit? The citizens of Iraq benefit cause they will have increased purchasing power and so what $25,000 used to buy they can now buy for $25.
But they how have $61.00 more money if you do the math. Then since the dinar is now worth more than the USD they hold, they will exchange to USD for yet more value to the IQN dinar, the lower denoms and get even more value.
So they can buy 3 of the same item now after RV with the same 25,000 old 3 zero note once they exchange it. Can you now see the benefit? Can you understand the process?
This is the final move towards the revaluation process. This is how they intend to draw most of the remainder 3 zero notes. First draw in the old notes and later do the RV.
This project will be completed prior to them showing any RV on the CBI site and before any serious military action happens over Syria. I am still hearing that military action is not taken off the table over Syria however they need to get these notes out of the hands of the would-be terrorists and do it now.
It is a condition for them to RV. Then Iraq must go international first or at least at the same time as the international other countries. It all has to happen at about the same timeframe and be coordinated.
Be patient I am hearing nothing but good news. October also lines up nicely with the beginning of the new fiscal year for a majority of countries. We should not expect this RV until early October unless the plan changes again.
In my last post “UU8734 Connect the Dots” I also explained other reason too as to how they are aligning many events to this common timeframe of early October. Please go back and re-read this post. Changing trading symbol from the IQD to IQN
This is causing so much confusion to everyone. I can' t tell you just how much confusion. I read the members concerns in the forum and I hear it on other sites. So let me clarify.
There is method to this madness….In the USA you (we) will still be able to take your 3 zero notes and exchange them for the value of the RV without lopping off the 3 zeros like they are doing in country of Iraq.
You will be able to do this because they are creating a new and separate trading symbol for the lower denoms it is called IQN.
Once the lower denoms (IQN) are out in circulation this is the one that will be traded on the open market, in the international exchanges not the IQD.
The IQN will go on a free float and may start low (just over $1.00) and climb very quick. The incentive to get off the USD comes with now the lower denoms (IQN) being worth more than the USD.
The old USD will remain until they have sucked in all the larger old notes (IQD). After the project to delete the zeros is completed the IQD will simply go away. It may be traded but in the background only interbank. It is of no concern to us once we exchange ours dinars. Does this make sense? Have I clarified it now?
They are doing this so both can be traded together until we exchange out all the 3 zero notes (IQD) at the bank and yet allow the new lower denoms (IQN) to be traded simultaneously and gain a value of its own.
This is why the IQD in the USA could possibly have a very high exchange rate to begin with (like Tony and others are saying and seeing on the banks screens). This is the point that most dinar revaluation calls just do not get or understand and has been a constant source of contention and debate.*Go to Dinar Recaps for the balance of this post.