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Frank26 says CBI is in the process of lifting the 3 zeros
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Frank26 says CBI is in the process of lifting the 3 zeros
Frank26
I would like to invite you to a new “qualified” Iraq – where laws have been amended...security in place...to Iraq’s international fair.
This fair is done every year...and is a call to arm Iraq “internationally”. Iraq is poised to show their growth to the world. The world awaits the monetary reform. The price of oil is not a concern...Iraq’s oil will be used to hurt Iraq’s enemy.
This year...VERY LOUDLY...the IMF...the father of the world’s rate...gave their appointed Central Bank Governor permission...
This month of November is going to be very eye opening. the CBI is in the process of lifting the 3 zeros.
I am EXPECTING to see the lower denoms this month...if not...then things may move into the 1st quarter of 2016.
I told my staff of a particular date. November is going to be pretty fun. In November...time is up.
It costs millions per month for Iraq to keep their currency at 1166. There is a NEGATIVE factor each month in running the country at that rate. Loans saved them each month. Their budget...was saved with artificial loans and money... ADRS (Abadi, Dr. Shabibi and Sastani) – got the green-light back in March. Iraq is not going into bankruptcy.
Time has run out! How do we know that TIME has run out? Countries are visiting DC and their currencies are going up in value. Remember I showed you the China currency last week? China is printing a new 100 note. Many other countries prepare their currencies too.
IMO – Dr. Shabibi will take the green-light given to him by the IMF and move forward.
Ponee- Admin
- Posts : 38267
Join date : 2011-08-09
Re: Frank26 says CBI is in the process of lifting the 3 zeros
I wonder how long it will take to 'lift' the three or so 'zeros' that constantly tell us this molded pot of 'refried' bull hockey-
Terbo56- VIP Member
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Join date : 2011-06-18
Age : 67
Location : Central Florida-
Re: Frank26 says CBI is in the process of lifting the 3 zeros
He is expecting "lower denoms" this month? Has he forgotten that Iraq recently eliminated the fifty and have been in the process of releasing a new 50,000 note that is possibly to be followed next year by a 100,000 note?
Any new lower denomination notes that Iraq issues would be due to deleting the zeros and we can agree on that BUT that would be an entirely new currency with a new ISO code, the new higher rate DOES NOT apply to the old currency! Of course as has been said repeatedly, these gurus are fully aware of that and these types of postings by them is just more guru poo-poo.
Any new lower denomination notes that Iraq issues would be due to deleting the zeros and we can agree on that BUT that would be an entirely new currency with a new ISO code, the new higher rate DOES NOT apply to the old currency! Of course as has been said repeatedly, these gurus are fully aware of that and these types of postings by them is just more guru poo-poo.
dwm007- VIP Member
- Posts : 828
Join date : 2015-08-05
Re: Frank26 says CBI is in the process of lifting the 3 zeros
Frank26 is also KTFA, and has always had 'disentery' {severe diarrhea}of the mouth, like all the rest- They all talk out of their asses-He is also under heavy investigation, and the stupid bastard doesn't even know it-
Terbo56- VIP Member
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Join date : 2011-06-18
Age : 67
Location : Central Florida-
Re: Frank26 says CBI is in the process of lifting the 3 zeros
I don't believe that countries just lift zeros from the face of the currency. I believe that they print new bills and exchange them for the old bills. I'm not sure I think this is such a big deal.
ForexTrader- New Member
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Join date : 2015-11-05
Re: Frank26 says CBI is in the process of lifting the 3 zeros
ForexTrader wrote:I don't believe that countries just lift zeros from the face of the currency. I believe that they print new bills and exchange them for the old bills. I'm not sure I think this is such a big deal.
Of course that's what happens and it's been done around 60 times in various countries so how it's done is no big secret, some countries have done this quite recently such as Turkey, Mexico and even Russia. Deleting the zeros is simply the way Iraq refers to a re-denomination, they have also repeatedly referred to some of the other countries (most notably Turkey) as examples of what they intend to do. When this "Zero Deletion project", as Iraq tends to call it, is undertaken then the old currency does not change in value and in fact about the only way it's directly affected is that it exchanges with the new at a rate corresponding to the increase in value of the new currency, in Iraq's case that would 1000 times increase in value (of the NEW, NOT THE OLD!) notes and 1000 old would exchange even for one new, value neutral.
I'm not sure how long you have been reading this guru spew but if you're new to it you will quickly learn that all they do is spout utter nonsense in an attempt to divert people from the truth and make them think this absurd "RV' is somehow possible. It's simply mind boggling to me that anyone would actually believe any of this but unfortunately, as ridiculous as it is, a lot of people do fall for it!
dwm007- VIP Member
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Re: Frank26 says CBI is in the process of lifting the 3 zeros
If you will view some of my other comments you will see that I don't believe that this RV will happen or that it is even closely possible to happening the way these believers think it will happen. I am not an economist by trade but I have studied and traded the Foreign Exchange market for 10-12 years. I know how this stuff works and how it is tied into a countries economy.
The only reason I got interested in some of these web sites is because I have a personal friend who truly believes that this will happen and it will happen at any moment. He has been believing this for years.
At this point I must make a disclosure. After hearing that the Dinar, Dong, Zimbabwe dollar and possibly a couple of more currencies were going to be RV'ed, I looked at all the possible candidates. I decided to by some Zimbabwe notes. Why, you ask? Because they were very very cheap and I spent less than $100. If by chance they are actually RV'ed to the value that these people are spouting then I will make a 60,000% return on my money. Not too shabby! Do I believe that it will really happen? Sure, when pigs fly! But I decided that I could afford it and not loose any sleep.
I actually trade currencies on the Forex and trade frequently. But I know what I am doing.
If people would use common sense(and I believe that it is less common than people think) then they would not be sucked into these scams.
These intelligence reports are so stupid and vague that I can't see how anyone can believe can believe them.
I can even come up with my own Intel report:
"My sources who are close to high level bank officials, and who which to remain anonymous, in several countries have been stating in private that something is afoot! They report that they have not seen this kind of activity in many years and that something big may happen soon, maybe before the end of this year of early next year. This event could possible have a big impact on the global economies of the world!!!!!, If I provide more detail then this could collapse the whole event and prevent it from happening"
So, translated this is nothing but BS! But it sounds as good as anyone else's intelligence report.
The only reason I got interested in some of these web sites is because I have a personal friend who truly believes that this will happen and it will happen at any moment. He has been believing this for years.
At this point I must make a disclosure. After hearing that the Dinar, Dong, Zimbabwe dollar and possibly a couple of more currencies were going to be RV'ed, I looked at all the possible candidates. I decided to by some Zimbabwe notes. Why, you ask? Because they were very very cheap and I spent less than $100. If by chance they are actually RV'ed to the value that these people are spouting then I will make a 60,000% return on my money. Not too shabby! Do I believe that it will really happen? Sure, when pigs fly! But I decided that I could afford it and not loose any sleep.
I actually trade currencies on the Forex and trade frequently. But I know what I am doing.
If people would use common sense(and I believe that it is less common than people think) then they would not be sucked into these scams.
These intelligence reports are so stupid and vague that I can't see how anyone can believe can believe them.
I can even come up with my own Intel report:
"My sources who are close to high level bank officials, and who which to remain anonymous, in several countries have been stating in private that something is afoot! They report that they have not seen this kind of activity in many years and that something big may happen soon, maybe before the end of this year of early next year. This event could possible have a big impact on the global economies of the world!!!!!, If I provide more detail then this could collapse the whole event and prevent it from happening"
So, translated this is nothing but BS! But it sounds as good as anyone else's intelligence report.
ForexTrader- New Member
- Posts : 10
Join date : 2015-11-05
Re: Frank26 says CBI is in the process of lifting the 3 zeros
ForexTrader wrote:If you will view some of my other comments you will see that I don't believe that this RV will happen or that it is even closely possible to happening the way these believers think it will happen. I am not an economist by trade but I have studied and traded the Foreign Exchange market for 10-12 years. I know how this stuff works and how it is tied into a countries economy.
The only reason I got interested in some of these web sites is because I have a personal friend who truly believes that this will happen and it will happen at any moment. He has been believing this for years.
At this point I must make a disclosure. After hearing that the Dinar, Dong, Zimbabwe dollar and possibly a couple of more currencies were going to be RV'ed, I looked at all the possible candidates. I decided to by some Zimbabwe notes. Why, you ask? Because they were very very cheap and I spent less than $100. If by chance they are actually RV'ed to the value that these people are spouting then I will make a 60,000% return on my money. Not too shabby! Do I believe that it will really happen? Sure, when pigs fly! But I decided that I could afford it and not loose any sleep.
I actually trade currencies on the Forex and trade frequently. But I know what I am doing.
If people would use common sense(and I believe that it is less common than people think) then they would not be sucked into these scams.
These intelligence reports are so stupid and vague that I can't see how anyone can believe can believe them.
I can even come up with my own Intel report:
"My sources who are close to high level bank officials, and who which to remain anonymous, in several countries have been stating in private that something is afoot! They report that they have not seen this kind of activity in many years and that something big may happen soon, maybe before the end of this year of early next year. This event could possible have a big impact on the global economies of the world!!!!!, If I provide more detail then this could collapse the whole event and prevent it from happening"
So, translated this is nothing but BS! But it sounds as good as anyone else's intelligence report.
Some time back I posted (on another forum) the same type of gobbedly-gook with the intention of showing how absurdly easy it is make nothing at all sound like "real intel", I was floored by the response! Instead of questioning who I was, what I really knew and how I came by it all they wanted to know was what else I had heard! It's absolutely amazing at how easy it is to sucker some people, it's no wonder the gurus have prospered like they have'
BTW, I assumed you are knowledgeable and already knew what I was saying about deleting the zeros, I just tend to make those types of comments whenever this subject comes up but it was aimed at the originator of that BS and not your reply. As for the warning about the gurus I thought maybe you might be kind of new to their gimmick and the purpose for their idiotic spin on the facts, I never considered for an instant that you might be taking them serious.
Good to see someone like you here, keep the truth coming!
dwm007- VIP Member
- Posts : 828
Join date : 2015-08-05
Re: Frank26 says CBI is in the process of lifting the 3 zeros
Here, here!! Welcome to 'OUR' house, Forex Trader! :cheers:
Terbo56- VIP Member
- Posts : 13675
Join date : 2011-06-18
Age : 67
Location : Central Florida-
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