MarkZ
[via PDK]
[Referencing Mike Bara post below, 6-14-2024]
Revaluating? I thought this was important...I had sat down with some bankers who wanted to run through scenarios with me and my currency and train some people. And that was the exact term they used in banking then. It is going to revaluate…Its revaluating. That is the terms the banks use. They do not say RV or that it’s going to revalue. Its revaluating.
Over the last 4-5 days I have received so many calls from people in banking who told me “ You are right- they are telling us it is imminent and any moment. We should be seeing it soon - get yourself prepared“.
Mike Bara
I want to say that this is not a rumor. I am not passing on a rumor...I know a guy...he got a call from a High corporate banking official from a major bank. And he said “You know that thing you have been bugging me about for the last 10 years?”
(and we all know what it is – it’s the RV) And the banker said “Well congratulations buddy- your dreams are about to come true!”..
.And the banker said “We just got a memo today, a letter from headquarters informing us to Get Ready Right Now because the Iraqi dinar is revaluating extremely soon. Boom... I don’t know how to evaluate the term “really soon” except to say I think it means in the next 2 or 3 days. We don’t know but, that’s what I think it means.
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