TEXAS SNAKE
Well this is the second Sunday where the big wigs at WF have had zero comments to the bankers in charge of the exchange centers, he thinks it is NDA's preventing them. Sorry folks will report anything I hear.
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Looking forward to the bankers call this morning, with all the smoke over the last 24 hours it should be interesting.
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After 4 days of dead silence there appears to be something underway tonight even though it is just after 4 AM in country, will report ASAP after I can learn what is happening.
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Folks there are numerous rumors the new IQD rate in country is to be announced and published in the newspaper in the morning and it is 05 32 there presently, bug this may be our start, but again maybe not, so stay tunned.
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Will open tomorrow for your comments as well as any upday.
https://dinarevaluation.blogspot.com/2024/06/rv-update-by-texas-snake-15-june.html
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Well several calls and unfortunately nothing new to report, we are all awaiting the GO trigger.
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TEXAS SNAKE
A practicing doctor who is a citizen of Iraq living in Texas, a former client of mine has agreed to contact family members in country tonight to determine what the current in country rate of the IQD is today, It is almost 0530 in the morning and he asked if I could await his reply until it is closer to 0800 Iraq time. I will report once he calls me back.
Have received a number of projected exchange rates on Zim IQD and Dong but have been asked not to share but I believe we will be agreeable should these rates be actual .
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Well folks banker feels very positive about what he hopes is confirmed in the morning when he calls me. Will report afterwards either way.
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It was exoressed that several bond holder paymasters had been called to Reno however there is no confirmation of this thus far. Will open for a short time should anyone have some additional info.----
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JUNE 6
Texas Snake, [06/03/2024, 10:32:59 p. m.]:
Well it's about 0530 AM in country and the info I am receiving is that the new rates will appear either when the banks open today or they will wait for the FOREX opening on Wednesday to be able to publish the new rate in the Gazette Paper. Wish I had better intel but most of the UK is asleep now.
Not much reason to open as this is all I have at this time...
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Well folks the information I have rec'ed today indicates a number of the large bondholder paymasters have been invited to Reno to begin exchanging their bond portfolios over the next 24 to 48 hour window.
We are then scheduled to begin receiving notification to begin scheduling appointments.
I have this info from 3 sources and am waiting confirmation from the banker, hopefully tonight or early AM. Will open for a short time so any members who have any news can share.
Thanks for all the members joining us and GOD Bless.
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https://dinarevaluation.blogspot.com/2024/06/rv-update-by-texas-snake-6-june.html
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