Angel1
Here's one way they can do it. They can do what's called a re-denomination... You got 3-zeros and then you've got a re-denomination which is another set of currency which is what many call the smalls. You've got a 25,000 note and then you've got a 25 note...The key...a re-denomination occurs when there is an exchange in currency but there is no value change.
No value change - that is what a re-denomination is [LOP]. What can happen is you get the larges, you exchange them for smalls, they're given a certain time frame, say 10 to 20 days and in that 10 to 20 days they change prices in their markets...and then sometime between 10-20 days they jump on Forex and it goes International...That is one way they can do it...
People are asking are they international? Are they gonna go international? ...They have two currencies trading in dinar...pegged to the dinar...They are already operating internationally in a controlled environment...It's not going to shock the market when they go on Forex and peg to six different currencies. They're already doing that now. The roll out has already begun. The markets are already accepting them. The markets are warming up for them to go on Forex officially. They are already doing what we want them to do on a small controlled scale...They've proven that they can do it.
Question: "Do you believe in redemption centers?" I have not been able to confirm that redemption centers exist. But just because I haven't been able to confirm it doesn't mean they don't exist.
When the UST Secretary Rosenberg was here a couple weeks ago, the day after she left, auctions changed...and there were changes after the UN meetings. There have been tons of changes because things have been signed off.
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