Dinar Cash In Day – New Baghdad IQD Press Conference
Peoples Dinar Site
Tue, Jan 31, 2012
Subject: New IQD Press Conference
A friend of mine contacted me on Thursday Feb 2nd to say that he has gone to his bank to fill out his Dinar Paperwork in the Dinar Room at his bank. This friend was expecting the call at any moment that his Dinar had RV'd and that he could exchange his Dinar for dollars. So far, we don't know whether the Dinar would RV at $3 or $6 or how many dollars per Dinar. We will continue to monitor the IQD situation and report to you.
JUST GOT OFF THE PHONE WITH ONE OF MY IRAQI CONTACTS. HE HAS A FAMILY MEMBER IN BAGHDAD THAT HAS A FRIEND THAT IS A REPORTER THAT WAS AT THE PRESS CONFERENCE THAT WAS HELD LAST NIGHT. THE CONFERENCE WAS HELD AT 10:30AM BAGHDAD TIME. IT LASTED FOR 2 ½ HOURS. SHABIBI WASN’T THERE, HE IS OUT OF THE COUNTRY BUT NO ONE WAS TOLD WHERE HE WAS. THE PERSON GIVING THE PRESS CONFERENCE WAS MOHAMMED SALEH MUDHER. NOT SURE OF SPELLING OF LAST NAME. MANY QUESTIONS WERE ASKED ABOUT THE DINAR AND REVALUE. HE STATED THAT THE IQD WOULD BE HIGHER THAN THE USD VERY SOON. HE WOULD NOT GIVE A DATE. JUST SAID VERY SOON AND THAT THE IQD WOULD BE HIGHER THAN THE USD. HE SAID THE MONEY IS READY AND IS IN BOXES SITTING AT THE CBI AND OTHER WAREHOUSES AROUND IRAQ. HE SAID SOME OF THE NEW DINAR WAS SHIPPED TO SOME BANKS IN SOUTHERN IRAQ AFTER THEY COMPLETED THEIR INVENTORY. OTHER BANKS HAVEN’T COMPLETED THEIR INVENTORIES YET AND THUS HAVE NOT RECEIVED THE NEW DINAR. CBI IS WAITING. ALSO, HE SAID THAT NEW COINS HAVE BEEN PRINTED AND ARE READY. THERE WILL BE 5 OR 6 DIFFERENT DENOMINATIONS. ALSO, HE SAID THAT NOT ALL BANKS WILL BE RECEIVING THE NEW CURRENCY AT FIRST. ONLY ONES IN AREAS BASED ON POPULATION. HE ALSO SAID THAT WHEN THE REVALUE TAKES PLACE, THE BORDERS WOULD BE CLOSED FOR 24 TO 48 HOURS AND THE BANKS WOULD BE CLOSED ALSO. HE TOLD THE PEOPLE NOT TO PANIC DURING THIS TIME THAT THERE IS NOTHING WRONG. IT IS ONLY WHILE THEY REVALUE THE CURRENCY AND SWITCH EVERYTHING OVER. HE ALSO STATED THAT THE PEOPLE IN COUNTRY WOULD HAVE 20 DAYS TO CASH IN AND PEOPLE OUTSIDE OF IRAQ WOULD HAVE 30 DAYS. STEVE AND I REPORTED SEVERAL MONTHS AGO THAT IT WAS 30 AND 45 DAYS. THEY HAVE CHANGED IT JUST A LITTLE. HE KEPT STRESSING THAT THE RV IS GOING TO HAPPEN VERY SOON.
[rolltide] I know this seems weird. [..cap1] but it is happening. [..cap1] and we knew one that it would. [..cap1] seems strange still, but it is here. [..cap1] now, i will take a few questions. But, please don't keep asking me the same question over and over.
[rolltide] [..cap1] we really should actually see it live tomorrow. [..cap1] i was in that conference call and we were talking about the intel we had from kdw and some others when all of a sudden about 10 people ., 50% of us started getting phone calls and text messafges at the same time.
[rolltide] [..cap1] and everyone came back with my contact SAID…….IT will be live in the morning.
[rolltide] [..cap1] GhettoCheeze – they are respecting my position and listening. [..cap1] would you please do the same?[..cap1] cash in should be starting on wednesday. [..cap1] some believe we need to hurry to cash in because the rate is going to drop. [..cap1] some say it will be 30 days.
[rolltide] [..cap1] act as if you have 24 hours. [..cap1] the rate will be in the $8 range [..cap1] you can negotiate even higher. The max imo will be $10 [..cap1] it is up to you to make your own deals.
[soonerfan62] txgirl IMO tomorrow night
[soonerfan62] punkin Is there a delay?
[soonerfan62] wisegrysqrl Yep
It has come to be a new thing to bash anyone that even implies that an RV is about to happen…. DO we not want one? I was on a call last night with some very smart people that have tremendously high contacts and there was a huge amount of information that was double and triple confirmed…. Do we put it out? Not on here because it would get bashed the minute it hit the thread.
[generals64] drl:…I have read all you guys have and then the actual rulings….the IMF is like a lending institute…except they have the authority to collect their loans that others don't. I think that the IMF has settled everything…I know that I read (precious has it) taht she met with European Bankers yesterday and they are pissed….
12:16 PM [wwwinewitch] How many of you have noticed armed guards in front of your local BOFA?
1:05 PM [hoghead73] hi footforward
1:05 PM [from ~ jodi] footforward footforward How are you???!!! Disappointed after last night???? I hope not!!! I still believe in YOU guys, but not in THOSE guys!!!!!
1:06 PM [footforward] from ~ jodi im not one bit. we are about to have a HUGE breakthrough. i'll believe that even if no one else wants to lol
1:09 PM [footforward] shalala shalala its the start of that new season
All my best to you,
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