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Randy Koonce says to pray that they do not restart the Currency Auctions
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Randy Koonce says to pray that they do not restart the Currency Auctions
Randy Koonce
Again No one has cashed in. There are no #800 numbers no groups that you have to get in...Let me say where we are at this time... The pressure that was suppose to come in the 1st of February is just now getting there.
1st pressure point is the budget passed and being posted in the gazette...(this also enacted the tariff laws article 33 which was in the budget. They need an weighted currency that is international to use the tariffs... every time they were going to start the tariffs they just moved them... well the budget being passed prevents iraq from moving the date... it still has not set the date.
2nd pressure which is very big is the auctions have been stopped. (so the only way for Iraq to generate money is Auctions or Bonds and they cannot do the bonds until they have a currency above 0). From Last sunday Iraq can go about 10 days without having the auctions or Bonds...can they restart the auction, yes...but why stop them just to restart them...so this is another pressure point...
3rd is the banks are not getting the large bills for the last 2 weeks.. So this tells us all is ready to change the rate...and the question is will they do it...
4th the salaries for Iraq to be paid.. the finance minister wants to pay salaries they cannot do that without a rate change. So the next few days are very big and tremendous pressure...So if Obama agrees that Iraq needs this done, we are out.
Can something go wrong, yes but given everything that is going on we know this should be over very soon...the Auctions give us the timeline. if they get 10 days, each day after that would be tremendous pressure until they do it...And if they start the auctions up again.. we will have to wait longer. Pray very hard that they do not start the auctions. We are close.. Every large bank will exchange...Breathe...
Ponee- Admin
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Re: Randy Koonce says to pray that they do not restart the Currency Auctions
Oh something will go wrong ... or perhaps I should say that you will say something went wrong, because you have nothing and are trying to make something out of that nothing. BTW, their currency is no worth zero, it's worth 1166/USD just like it has been for years, so I guess that kinda invalidates everything.
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