Thread: is this how kuwaiti dinar revaled

Originally Posted by flight222

Hi Everyone from the wonderful big Rolclub family and greets from Sunny South Africa.

This is my first post here but as for my involvement in the dinar saga I am lurking the internet and other clubs for more than one’n a half year. Now I see I was wasting my time and thank to Troy Bank gone I have found you. Really right place in the right time.

Well, because our great time is coming I’ve got some questions:

Originally Posted by neno
I just read your post to my freind. They said "NO NO". The first LOI was for 30 days but was Voided not Amended and that the new one was released on April 9th. No link but from same freind as all the other post. So anytime in that 30 day window they can act. One of you have to be right. Thanks for sharing DaRock.

O.K. the LOI (letter of intent) has been signed on 09.04.07 and the open window is till 09.05.07. Could someone please clarify: this is the window only for CBI to act due to reval or the window is also open for us. I mean let’s say reval on 30.05.07 and all of us got ONLY 9 days to cash. Then the window (our opportunity) simply is closed….

Secondly: Most of you guys originated from USA and your national currency is US$.

I and many others from overseas have different currency and banks are not too friendly to the currency market (closed system with strong, unbelievable exchange law) and which are trading only in US$, british pound and euro.
The question is where and how I can exchange the dinars. Or.. may be the only options is to catch a flight222 to USA…

Purchased my ID from not so popular dealer on internet but very secure and quick with different payment options compare to rest of the dealers. Unfortunately he can not advise where and how to cash…

Welcome to ROLclub,

Yes, having been on every forum out there in cyberspace, ROLclub is by far the best, with the best regular and consistant contributors out there, so welcome home.

As to your question, the LOI has nothing to do with where or when we exchange, it is internal document related to CBI issues, so don't worry, there will be plenty of options to cash out all over the world, in fact, most international airports will be exchange points, so not to worry.

Good luck and health to all, Mike

MODS??? CAN YOU MOVE FRED'S NEWS POSTS OVER TO THE NEWS THREAD???


They are fine right here as he posted them here in all good means of what this thread became and support of the dates of all the upcoming meetings. I will leave them here and if he wants them in the News thread, then he can request or post them there again. -neno

Thanks...that was my intent to offer up further supporting documents to what you were telling us in this thread and if you look through them this event is being spun as the Mother of all poltical/economic meetings of our generation and I thought that it backuped what was being presented...Sorry for not making it clear but, I starting finding so many documents that directly tied in...especially this:

April 7, 2007
HP-342

Statement by Deputy Secretary Kimmitt on
the Announcement of the Signing of the
International Compact with Iraq

Washington--Treasury Deputy Secretary Robert M. Kimmitt issued the following statement today on the Government of Iraq and the United Nations' announcement that the International Compact with Iraq will be signed in Sharm el-Sheikh on May 3.
"I welcome and applaud this important step and look forward to attending the signing ceremony as a member of the U.S. delegation headed by Secretary of State Condoleezza Rice. I commend the Iraqi authorities for their sustained commitment to the Compact. Iraq, together with the United Nations and the World Bank, has worked diligently since July 2006 to prepare the ambitious economic reform framework outlined in the Compact. The signing ceremony concludes several months of hard work and provides a concrete path of reform to financial self sufficiency. In exchange, the international community will provide continuing political and economic support to help Iraq achieve sustainable, broad-based economic growth. Iraq's leaders have already developed an impressive track record on economic reform under the Compact framework, including Cabinet approval of a hydrocarbons law, fuel import liberalization, and passage of a prudent, transparent and fully financed 2007 budget. The United States fully supports this initiative, as demonstrated by the President's recent request to Congress to approve additional funding for Iraq to help realize the objectives of the Compact."
The Compact is an initiative launched by the UN and Iraq to help Iraq realize its vision of a stable and prosperous nation underpinned by a self-sustaining economy. The Compact embodies commitments by Iraq on a plan to achieve economic self-sufficiency in return for international support. Iraq presented the final Compact documents to the international community at the UN on March 16, 2007. Deputy Secretary Kimmitt serves as the President's Special Envoy for the International Compact with Iraq.
Additional information on the Compact can be found at: www.iraqcompact.org.

http://www.treas.gov/press/releases/hp342.htm



Fred

JUST A THOUGHT: as demonstrated by the President's recent request to Congress to approve additional funding for Iraq to help realize the objectives of the Compact."

COULD THIS BE THE 20B SENT LAST MONTH TO IRAQ?????

Originally Posted by fredgwest1999

Thanks...that was my intent to offer up further supporting documents to what you were telling us in this thread and if you look through them this event is being spun as the Mother of all poltical/economic meetings of our generation and I thought that it backuped what was being presented...Sorry for not making it clear but, I starting finding so many documents that directly tied in...especially this:

April 7, 2007
HP-342

And might I add a Very Fine Job. Also the one you have there was the first one that was Posted. It is a Very Important Article post.


1. http://www.rolclub.com/rumors-predic...tml#post188305

These were the ones that very few eyes had seen until posted.
2. http://www.rolclub.com/rumors-predic...tml#post188354

3.http://www.rolclub.com/rumors-predic...tml#post188357

4. http://www.rolclub.com/rumors-predic...tml#post188365

I just talked to Ali.. I was worried because on Thursday, I ordered 3mil and he said that they would be here on Monday. So, on Monday ,I will have VND's. They are in the mail.THANK YOU ALI!

I thought I would add a link to this thread that is entitled

"Is Transparency Good For You, and Can the IMF Help?"

Page 5 talks about the transparency of issuing Article IV reports which I found 'enlightening'.

"The timing of publication depends both on when a report becomes available for publication and the country's decision on publication. In most cases, an Article IV Report becomes available for publication 12 to 15 months after the previous report and ROSC's are usually available at the same time as Article IV Reports."

Footnote: Much of the discussion at the IMF about whether to allow publication of country papers focused on the fear that allowing countries to publish IMF documents would mean that members would be less willing to share confidential information with the IMF; Fund staff would self-sensor their reports (with sensitive information conveyed only orally, if at all, to the executive board); any sensitive information that remained would be deleted prior to publication; and, as a result, these documents would become so sanitized that they would cease to contain any useful information"

Lots of info here:

http://www.imf.org/external/pubs/ft/wp/2003/wp03132.pdf

More on page 16-17 as to why a country WOULD NOT publish its Article IV Report.

Cheers!
DayDream

Originally Posted by flight222

Hi Everyone from the wonderful big Rolclub family and greets from Sunny South Africa.

This is my first post here but as for my involvement in the dinar saga I am lurking the internet and other clubs for more than one’n a half year. Now I see I was wasting my time and thank to Troy Bank gone I have found you. Really right place in the right time.

Well, because our great time is coming I’ve got some questions:

Originally Posted by neno
I just read your post to my freind. They said "NO NO". The first LOI was for 30 days but was Voided not Amended and that the new one was released on April 9th. No link but from same freind as all the other post. So anytime in that 30 day window they can act. One of you have to be right. Thanks for sharing DaRock.

O.K. the LOI (letter of intent) has been signed on 09.04.07 and the open window is till 09.05.07. Could someone please clarify: this is the window only for CBI to act due to reval or the window is also open for us. I mean let’s say reval on 30.05.07 and all of us got ONLY 9 days to cash. Then the window (our opportunity) simply is closed….

Secondly: Most of you guys originated from USA and your national currency is US$.

I and many others from overseas have different currency and banks are not too friendly to the currency market (closed system with strong, unbelievable exchange law) and which are trading only in US$, british pound and euro.
The question is where and how I can exchange the dinars. Or.. may be the only options is to catch a flight222 to USA…

Purchased my ID from not so popular dealer on internet but very secure and quick with different payment options compare to rest of the dealers. Unfortunately he can not advise where and how to cash…

Flight222,

You might want to look into the Monetary Laws of South Africa. I believe citizens of SA are not allowed to have foreign currency in their possession.

I would suggest you open an offshore bank account and keep your dinars in a safety deposit box there. It might be better to get your dinars out of SA before it reval.

Good luck and Blessings,

a-team

Originally Posted by fredgwest1999

Thanks...that was my intent to offer up further supporting documents to what you were telling us in this thread and if you look through them this event is being spun as the Mother of all poltical/economic meetings of our generation and I thought that it backuped what was being presented...Sorry for not making it clear but, I starting finding so many documents that directly tied in...especially this:

April 7, 2007
HP-342

Statement by Deputy Secretary Kimmitt on
the Announcement of the Signing of the
International Compact with Iraq

Washington--Treasury Deputy Secretary Robert M. Kimmitt issued the following statement today on the Government of Iraq and the United Nations' announcement that the International Compact with Iraq will be signed in Sharm el-Sheikh on May 3.
"I welcome and applaud this important step and look forward to attending the signing ceremony as a member of the U.S. delegation headed by Secretary of State Condoleezza Rice. I commend the Iraqi authorities for their sustained commitment to the Compact. Iraq, together with the United Nations and the World Bank, has worked diligently since July 2006 to prepare the ambitious economic reform framework outlined in the Compact. The signing ceremony concludes several months of hard work and provides a concrete path of reform to financial self sufficiency. In exchange, the international community will provide continuing political and economic support to help Iraq achieve sustainable, broad-based economic growth. Iraq's leaders have already developed an impressive track record on economic reform under the Compact framework, including Cabinet approval of a hydrocarbons law, fuel import liberalization, and passage of a prudent, transparent and fully financed 2007 budget. The United States fully supports this initiative, as demonstrated by the President's recent request to Congress to approve additional funding for Iraq to help realize the objectives of the Compact."
The Compact is an initiative launched by the UN and Iraq to help Iraq realize its vision of a stable and prosperous nation underpinned by a self-sustaining economy. The Compact embodies commitments by Iraq on a plan to achieve economic self-sufficiency in return for international support. Iraq presented the final Compact documents to the international community at the UN on March 16, 2007. Deputy Secretary Kimmitt serves as the President's Special Envoy for the International Compact with Iraq.
Additional information on the Compact can be found at: www.iraqcompact.org.

http://www.treas.gov/press/releases/hp342.htm



Fred

JUST A THOUGHT: as demonstrated by the President's recent request to Congress to approve additional funding for Iraq to help realize the objectives of the Compact."

COULD THIS BE THE 20B SENT LAST MONTH TO IRAQ?????

got ya, didnt scrutinize them close enough before i said something. sorry!!