Mnt Goat Explains The "RV" (Ooops...They Forgot About The Conversion For One Thing... LOL) 8/11/21

by **RamblerNash** Thu Aug 12, 2021 1:06 am

Mnt Goat

The ONLY indicator of an upcoming RV for us now is to wait and watch for the launching of the project to delete the zeros...The CBI has just recently told me they are on notice within the framework of the White Paper that they will be launching this project. They could not give me a date because they have not yet worked out a firm date within the other projects and timelines...I want to explain how they will launch and roll out this project...

So one day we will not just “wake up” and see a new RV rate on FOREX...Instead, the plan of the CBI is first to launch the lower denominations and replace the currency (thus the project to delete the zeros). This is our first sign they are moving ahead. They will then RV the rate very close to a dollar WITHIN Iraq and only within Iraq or maybe just delete the zeros so 1140 becomes $1.14 by just moving decimal over 3 places. Let me say it again – ONLY WITHIN IRAQ! If they do this technically it is not an RV it is just deleting the zeros as the rate is actually the same. Get it?...

But for us as investors we do not replace our out of country holdings on the currency with lower denominations as we are told these three zero notes will be held and used by the banks for inter-banking transactions in the future. So they will be worth lots of money. For instance, in my example: $1.14 x 25,000 note could be worth $28,500 US dollars. If they go to FOREX with a $3.65 rate a 25,000 dinar note could be worth outside of Iraq $91,250 US dollars. No, the Iraqi banks will not get rich overnight as they will have to turn in the larger 3 zero notes to the CBI to get the lower denomination equivalent. Get it? Nobody gives out FREE money.