Thank you Judy
Restored Republic via a GCR: Update as of May 11 2019
Compiled 11 May 12:01 am by Judy Byington
Below is a summary of information from the Internet. It would be up to the individual reader to do their own research and decide whether or not it is valid.
Fri. May 10: Effective at midnight, sanctions on China imports to the US were expected to cause a further Stock Market implosion. All banks were Basil 3-4 compliant and placed on High Alert, along with security forces worldwide. The new TRNs had been installed in banks for release. Iraqi borders were locked in. The 800#s were expected at any time.
Sat. May 11: Inspector General Report on former FBI Director James Comey released.
Expected publication of the new Dinar rate in their Gazette.
Mon. May 13: Beginning of around two weeks of economic and geopolitical chaos.
Wed. May 15: General Public to begin exchanges.
IQDCalls Chat Friday Night 5-10-19
Post From IQDCalls Chat Room
Chat Room News Excerpts & Highlights Friday Night 5-10-19
Baxter 5-10-2019 Newshound Guru Kaperoni They can float anytime. Moving to Article VIII only means the CBI and its banking system meets a level of compliance equal to the rest of worlds banking system.
Thus should make the dinar more acceptable worldwide. Investment laws need to be passed still.
In order for the investment community to put money in Iraq to rebuild they need laws, stability and validation from the IMF. When investors to come it will create pressure on the banking system allowing the currency to raise in value.
By Nick K. Lioudis Updated Feb 3, 2019
The gold standard is a monetary system where a country's currency or paper money has a value directly linked to gold. With the gold standard, countries agreed to convert paper money into a fixed amount of gold. A country that uses the gold standard sets a fixed price for gold and buys and sells gold at that price.
That fixed price is used to determine the value of the currency. For example, if the U.S. sets the price of gold at $500 an ounce, the value of the dollar would be 1/500th of an ounce of gold.
The gold standard is not currently used by any government. Britain stopped using the gold standard in 1931 and the U.S. followed suit in 1933 and abandoned the remnants of the system in 1971.
Perkinli: Conversation a friend had with Wells Fargo branch today:
Spoke to small local Wells Fargo branch, here is the conversation:
Friend: Are you capable of performing the Iraqi dinar currency exchange after revaluation?
Friend: Will you be performing this at your local branch?
Banker: Corporate is waiting for r/v to determine specific details like that. When, (get that, when not if), the r/v happens, corporate will determine specific strategies.
Friend: Does your branch have the equipment necessary to perform the r/v?
Banker: What do you mean equipment:
Friend: For verification of the validity of the notes.
Friend: What are the r/v rates going to be?
Banker: Hah hah hah hah .