RVALready: As I understand this, china has been in this a long time, on the purchase of Iraq oil credits via the US side. That will be important for US citizens getting good rates on the IQD RV. On the Chinese currency side, that may be part of having multiple primary currencies and multiple SDR baskets. That is an IMF promulgate plan. This plan is because it is obvious that having the USD as the only reference currency plan has to end…. Plus, asset backing is currently seen as a good idea. This is an item also pushed by the IMF.
JSL: The Chinese have a Unique position being still under an Authoritarian government. they can buy and distribute assets and store assets in ways currently USA theoriitically can't. One can never know until it is too late, but 15 years ago I wa reading about China planning on getting in a powerful position because of their massive Gold accumulation they were doing behind the scenes. While the people of China got their $5 per day back then. Guess we'll see
RVAlready: Yes, rumors are that china has very large gold supplies, with a lot of it not in government hands. I am glad that they can afford to take the long view.
Post From Dinar Updates
Flashback – The Iraqi Dinar Is The Official Currency Of A COUNTRY.
Posted on November 10, 2018 by The Dinar Observer
BGG ~ For any bank, banker, lawmaker, adviser or official (of any kind) to make the statement “the Dinar is a scam” is JUST as foolish as ANY of the internet BLOWHARD “Gurus”.
The Iraqi Dinar is the official currency of a COUNTRY. Numerous times I have pointed to SIGIR Report as guidance – see highlights on page 84 (page 94 in the PDF document format, it’s actually page 84 of the hard-copy) of the quarterly SIGIR report to THE US CONGRESS dated April of 2012…
RV/INTELLIGENCE ALERT - November 10, 2018
(Disclaimer: The following is an overview of the current situation based on intelligence leaks received from several sources which may or may not accurate. Other confirmed sources may also be included in this overview.)
Sources have been told to maintain radio silence on all channels.
Radio silence is only maintained when significant moves are being made.
Sources are suggesting significant moves are being made to destroy the integrity of the stock market thus initiating the transition to the QFS via the private currency redemption event (RV).
Expect heated events to start occurring at anytime.
JJonesMX: Saturday, November 10, 2018
Campaign to grant Iraqis cash share of oil revenues
Baghdad/ Iraq TradeLink: MP Alian Nsaif media office reported moves to collect signatures to issue
a parliamentary order to grant the Iraqi citizen a share in the exported oil revenues.
The move is to get 50 approvals for this proposal.
The office suggested that the paid amounts shall be cashed with the national ration card procedures. No other details were given.
GodLover: The outcome of this could be interesting imo. For years I had figured the oil profits to citizens would come after a change in rate. I think a few weeks back something was stated in an article that made me change my thinking on this subject.
SpeedRacer: My guess is they will be at the same time