Sunday, August 6, 2023

"RV UPDATE" BY RUMTEL, CANDY KISSES & BEARDED PATRIOT, 6 AUGUST

 Sat. 5 Aug. Rumtel Update:

  • CBI has the budget. Banks have until Sunday to “synch up” with the Central Bank of Iraq.
  • Action on Sunday will drive the Dinar rate DOWN to 1,300 to 1 US Dollar. This will match the rate on the street and the budget.
  • CBI will then “revalue” to 1,000 to 1. Target date is Wednesday.
  • CBI will then “drop the 3 zeros” to 1-$1 with the US dollar, at which point the Dinar will be tradable and “floating” on the Forex. It will NOT float down.
  • Political hurdles have been cleared.
  • “Health crisis” of a major figure was an assassination attempt. Failed.
  • No moves left.
  • First major figure to “leave the stage” on Thursday 10 Aug.
  • This is the plan as of today Sat. 5 Aug, as I understand it from separate sources. We’ll see. All we can do is wait and hope that events unfold along these lines. Enjoy your weekend. Watch some sports and pray this in.

TNT Candy Kisses: The Iraqi Parliamentary Finance Committee stated on Sat. 5 Aug. that the Iraqi budget (that contained the new Iraqi Dinar Rate) would be implemented sometime this week. Clare: And finally – 50 days after its approval, the budget enters into force.

Sat. 5 Aug. Bearded Patriot

  • We have good news and not so good news. I will start with the “Not so good news”
  • The Iraqis have decided NOT to publish the new rate into the Gazette this Saturday.  In order for me to explain why….I will be crossing the line of agreement of information (even though you have the right to know).  So, I won’t be able to explain why in detail to you.  Please try to understand. 
  • There’s a definite and final BACKWALL that was established by all participating countries. This slight delay will help some countries that were not ready for the RV, therefore giving them the time to complete their efforts so they too will be a part of this RV. 
  • THE GOOD NEWS is that due to the slight delay, this will allow other countries, including but not limited to Iraq, Dong, Dinar and all other participating countries for their currency values to “INCREASE” before we move forward. 
  • I can tell you that this will be completed before the end of August. 
  • Please forgive me for missing this date of RV.  ALL SIGNS, INDICATIONS AND COMMUNICATIONS were there and I had so much confidence that it was happening.  LET ME BE VERY CLEAR, there was NEVER EVER ANY INTENTION OR PURPOSEFUL MISDIRECTION TAKEN ON MY PART TO HURT OR HARM ANYONE AT ANYTIME REGARDING THE TIMING OF THIS EVENT.  (I can just hear the trolls already!)
  • Although this is a setback….it’s not the end by far.  We will still have the RV,  it will be just a couple of weeks from now.

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