Latest topics
Enorrste expects float to begin late in 3rd quarter or early in fourth quarter
2 posters
Page 1 of 1
Enorrste expects float to begin late in 3rd quarter or early in fourth quarter
Enorrste
Article: "Central: financial sector management electronically end of 2017" There are four phrases in this article that got me excited...The first is the phrase “in the best world systems.”
What this means is that the IMF is bypassing older and more traditional methods of change and are instead moving Iraq to the “front of the line” in terms of technological development.
This is consistent with Saleh’s statement made years ago that the dinar would become a “world reserve currency.”
When your banking system is among the world’s best that means that you are poised to move directly into the world foreign currency exchange market. But the next phrase is where Saleh’s statement about the dinar become a world reserve currency gains some credence.
That phrase is “helps to pull the money supply of homes to the banking sector.” We have read over the years that this is a major concern, namely, how do we get people in Iraq to pull their dinars out of their mattresses and put them into the banking system?
It seems evident from this phrase that this is intended to do just that. Now, the connection to Saleh’s prediction about the dinar becoming a world reserve currency is that as these dinars come out of the mattresses and into the banks they can be destroyed by the CBI, thus lowering the overall money supply, allowing the value of the dinar to rise. The rising value of the dinar, given their high relative reserve position, will ensure that the dinar will become one of the strongest currencies in the world.
The next phrase that struck me is “the adoption of advanced banking technologies adopted by the biggest banks in the world.” This phrase emphasizes...that this article is clearly stating that Iraq will be opening the dinar to the world market by the end of this year.
Following along with that...is that this will only happen if they also float the currency. This is where our investment will begin to pay off for us all. ...this will have to be at least initiated prior to the end of this year. It is a process that will take some time to implement. It will be imperative that the CBI get the money out of the mattresses before allowing the value to rise too high in order to avoid serious inflation. This brings me to the last great phrase. That phrase is “the entry of active cooperation with the world’s largest companies.” Once this new high-tech banking system is in place we will see the “Wild West” that KAP [Guru Kaperoni] and I have described many times over the years begin to occur. Investors all over the world, and in particular “the world’s largest companies,” will leap at the chance to enter into this essentially untapped market. The guarantees (insurance) and electronic security provided by a state-of-the-art banking system akin to that used by the most advanced countries in the world will be a huge magnet for these mega-companies to get their feet wet in the Iraqi market. [post 2 of 3....stay tuned]
The result, of course, will be an enormous upward pressure on the value of the dinar as new investment money comes into the country. You can rest assured that most of the “Fortune 500” companies in America, not to mention others around the world, will want to “stake their claim” in this market as soon as the proper conditions permit.
That time frame has been given in this article: sometime in the fourth quarter of this year.
I expect the float to begin late in the third quarter or early in the fourth quarter. I expect the money supply to fall with the rise in value of the dinar. Then I expect a cascading effect as more and more new money floods into Iraq for investment, thus putting even more upward pressure on the dinar value.
Within two or three years we should see a world reserve currency emerge and be poised to take our profits.
03.09.2017
Ponee- Admin
- Posts : 38267
Join date : 2011-08-09
Re: Enorrste expects float to begin late in 3rd quarter or early in fourth quarter
Saleh never said that the dinar would be a world reserve currency like the US dollar is or like the GB pound used to be. He was talking about his hopes for the dinar to be included in the foreign reserves of countries other than their neighboring countries like Iran, Saudi Arabia ... etc. Now, why would countries like Japan, Australia, or Italy hold dinar in their reserves? Because Iraq is making products that they want, and they need dinar to purchase them. Now, considering that almost 90% of their GDP is still from oil, and oil is sold for USD, we can see that the day when the world will want dinar so that they can buy Iraqi cars, refrigerators, TVs, computers, phones ... etc. is still a long ways off. Enorrste and most of the other gurus seem to think that Iraq is just going to push a button and suddenly the dinar will go "international" and somehow replace the USD as the world's reserve currency. That's what happens when you see the world through RV glasses.
*****************
Busting Gurus Since 2011
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
Fri May 10, 2024 5:03 pm by kenlej
» Go Russia
Sun May 05, 2024 11:37 am by kenlej
» Go Russia
Sun May 05, 2024 10:51 am by kenlej
» Textbook Tony
Mon Apr 29, 2024 4:13 pm by Mission1st
» The Rockefellers and the controllers are freaking out right about now
Fri Apr 26, 2024 11:16 am by kenlej
» Phony Tony sez: Full Steam Ahead!
Sat Apr 13, 2024 11:51 am by Mission1st
» Dave Schmidt - Zim Notes for Purchase (NOT PHYSICAL NOTES)
Sat Apr 13, 2024 11:45 am by Mission1st
» Russia aren't taking any prisoners
Fri Apr 05, 2024 6:48 pm by kenlej
» Deadly stampede could affect Iraq’s World Cup hopes 1/19/23
Wed Mar 27, 2024 6:02 am by Ditartyn
» ZIGPLACE
Wed Mar 20, 2024 6:29 am by Zig
» CBD Vape Cartridges
Thu Mar 07, 2024 2:10 pm by Arendac
» Classic Tony is back
Tue Mar 05, 2024 2:53 pm by Mission1st
» THE MUSINGS OF A MADMAN
Mon Mar 04, 2024 11:40 am by Arendac
» Minister of Transport: We do not have authority over any airport in Iraq
Mon Mar 04, 2024 11:40 am by Verina
» Did Okie Die?
Mon Mar 04, 2024 11:34 am by Arendac
» Hello all, I’m new
Wed Jan 31, 2024 8:46 pm by Jonny_5
» The Renfrows: Prophets for Profits, Happy Anniversary!
Wed Jan 31, 2024 6:46 pm by Mission1st
» What Happens when Cancer is treated with Cannabis? VIDEO
Wed Jan 31, 2024 8:58 am by MadisonParrish
» An Awesome talk between Tucker and Russell Brand
Wed Jan 31, 2024 12:16 am by kenlej
» Trafficking in children
Mon Jan 29, 2024 7:43 pm by kenlej