Commonly Held Beliefs About the Dinar Revaluation

Commonly Held Beliefs About the Dinar Revaluation
Posted by: Denise - 06/09/2011 16:01
 Channel:  http://revalue.us/go/31325jQi   |   Post:  http://revalue.us/go/31576Her
IQD Fact or Fiction
1.  The U.S. has 3 Trillion Dinars.   This may be possible, but we have found no evidence to support this.

2.  The U.S. is Responsible for the Hold up of  the RV.  Traditionally, each country is responsible for the revaluation of their own currency. Even though it is possible that the US can advise as well as help Iraq with their revaluation, there is no evidence to support the U.S. being directly responsible for any revaluation delay.


3. It has RV'd  and Soldiers have Already Cashed Out in the Green Zone.  See number 4 below.

4. It has RV'd and We are Waiting for it to Show Up.  As logic will have it, there is too much criminal and exploitive possible consequences if a country would leak an RV date, time, and amount before the RV actually takes place.  Consequently, one would expect that when an RV occurs it would happen everywhere at the same time so that no one entity can advantage the currency market.  If the RV did in fact happened, then one should expect:

Businesses in Iraq would have adjusted their prices to suit the new rate - and they didn't.
Banks in Iraq would have made the adjustment with the new rate - and they didn't.
The Central Bank of Iraq would have changed the rate on their indicative rate chart and for their auctions - and they didn't.
Iraqi Dinar (IQD) dealers would have increased their price relative to the RV amount - and they didn't.
We would have seen evidence of at least one person exchanging IQD for the RV'ed amount in USD - and we haven't.
There would have been the desimination of low denomination IQDs to the market place - and there was not.
5. When the Iraqi Dinar RVs, the CBI Auction will be Affected. This is not only logical, but expected seeing that the CBI auction is the only means through which original dinars can be acquired.  Upon the RV, the Governor of the CBI is expecting to redenomiate the IQD by removing the denomination with three zeros and replacing them with lower denomination of same value.  An RV would exponentially increase the demand for these lower denominations, therefore it is logical to expect very high auctions accompaning their distribution.