Minister; Writer; Social Advocate;
International Financial Investment Consultant
THE OFF MARKET, PRIVATE IQD CURRENCY EXCHANGE/SWAP
To My Friends and Business Associates in the Industry:
I am attaching for your information a copy of a submission document specifically drawn up for the exchange/swap of the Old Iraq Dinar (Three White Horses) and the New Iraq Dinar. This form was drawn up in anticipation of a currency reset taking place soon of the Iraq Dinar, Vietnam Dong, Zimbabwe Dollar, Indonesian Rupiah and Iranian Rial.
As stated in an earlier E-mail, it is not a question of why the reset is needed and necessary, but when, since these countries paper currencies have suffered badly as the result of costly wars, which brought the value of their currency monetary system down and never restored.
There is much discussion of what procedures will be used for the currency exchange/swap program and the attached document for the Dinar is one of them. Also, there are discussions of Wells Fargo bank and money currency centers being used as currency intake and exchange hubs using an 800 number for location.
Nothing officially has been made public, however, Christine Lagarde of the I M F on several occasions this year has spoken of the need to have a reset value of some countries medium of money exchange.
A recovery agent and team have set up a redemption site and been having meetings in Reno, Nevada and speculators have been very busy there throughout this year. Also Los Angeles Cal. has been designated as a redeeming center in the U S. There has been much anticipation that the reset value of five counties (mention above) would be done this year, but nothing officially has been announced as we are at the close of this year with so many on the sidelines waiting.
One major stumbling block under discussion is that currency exchange/swap funds will carry a Global Immunity and also a Tax Immunity. If there are no humanitarian projects attached to the payouts, will these new exchange/swap monies entering into the economic system be a just and equitable process of a fair disbursement of wealth? Such concerns are stated when there are a disproportion number of speculators who have purchased these currencies when they were at their lowest prices and stored away billions for such an occasion as this. At present there is speculation that tier one governmental and banking institutions will be the first called for TTM redemption's with a minimum contract of one Quad required value. Such will be structured with a trading program of rolls and extensions which will extend into years.
It was once proposed that a certain percentage of the funds were to be designated for humanitarian projects however; such proposals are yet under discussions. Except for inheritance, most wealth has been built around the creation of jobs and services and this new source of wealth creates a vacuum with those millionaires who have built their fortune in the job creation area to strengthen their countries infrastructure and other methods of growth and development for the wellbeing of the people. Some economist has stated that unless the currency reset is processed in a proper and orderly manner, such an influx of monies coming into the system could create an inflationary spiral in some parts of the world. So there are many issues that must be resolved and the citizenry of these countries yet await the outcome.
Here are the proposed options :( This is not official)
1. 1Q or more: BAR CODE required; buyer will go to seller; $12 NET NEW IQD
2. 1T or more: BAR CODE required; buyer will go to seller; $6 NET NEW IQD
3. NEW IQD: NO Bar Code required; FREE ZONE EUROPE;
$0.60 per New IQD. If papers are submitted
4. OLD IQD; NO BAR CODE; Germany; $0.50 per Dinar. Type your paragraph here.
NEED FOR WORLD UNIFICATION AND RECONCILIATION CONFERENCE:
ON CURRENCY RESET
I AM GETTING MANY CONFLICTING REPORTS AS TO WHEN THE REDEMPTION PERIOD WILL BEGIN FOR THE FIVE COUNTRIES WHO HAVE BEEN DESIGNATED FOR A CURRENCY GLOBAL RESET ( Iraq -Dinar, Vietnam-Dong, Zimbabwe-Dollar, Indonesian-Rupiah and Iranian-Rial) AND I AM AT A LOST FOR REAL ANSWERS OR SUGGESTIONS.
THE FIVE COUNTRIES WHO ARE IN THE FIRST BASKET FOR THEIR CURRENCY TO BE RESET HAVE BEEN FACING MANY HARDSHIPS DUE TO THE DELAY OF WORLD LEADERS NOT AGGRESSIVELY RESOLVING THE MANY COMPLEX ISSUES IN RESETTING THESE CURRENCIES. THEY ARE ENTITLED TO AN INCREASE AND ARE IN A DESPERATE, DESPAIRING AND SOMEWHAT HOPELESS SITUATION AS THEY AWAIT THE CURRENCY/SWAMP OPERATION TO GO FORTH. AS THE RESULT OF THE WARFARE AND DESTRUCTION OF PROPERTY AND RESOURCES THEY HAVE ENCOUNTERED, THE WHOLE OF THEIR ECONOMY ARE IN SHAMBLES.
THE VALUE OF THEIR CURRENCY WAS DEVALUED DURING THOSE PERIODS OF ARMED AGGRESSION AND HAS NEVER BEEN CORRECTED, AFTER THE TURBULENT WARS AND DESTRUCTION OF PROPERTY. THE QUESTION IS NOT WHY BUT RATHER WHEN AND AT WHAT VALUE WILL THE CURRENCY BE SET. IT DEFINITELY SHOULD BE AT ITS RATE PRIOR TO THE WARS AND MAYBE HIGHER DEPENDING ON THE ASSETS OF THE COUNTRY, WHICH INCLUDES ITS MANY RESOURCES. (OIL, GAS, GOLD, DIAMONDS, RICE… ETC...)
AT PRESENT THE DECISION MAKERS ARE IN A CAUCUS AND CONFERENCE PERIOD AS THERE ARE MANY VARIABLES THAT OUR FINANCE WORLD LEADERS MUST DECIDE ON, SUCH AS PRICING, HUMANITARIAN PROJECTS OR NOT, INFLATION QUESTIONS AND DISBURSEMENT PROCEDURES. IN THE MEANWHILE, WE MUST BE PATIENT AND WAIT.
Proverbs 22:4: "With humility and the fear of the Lord, that's where life and wealth come from. The plans of the diligent lead surely to plenty, But those of everyone who is hasty, surely to poverty .Proverbs 21