Message from Phoenix - Iraq - Currency Status April 27,
2014
Message from Phoenix - Iraq - Currency Status
All we are waiting for at this time is the official
announcement from the CBI that they are dropping the de facto peg to the US
dollar and adopting a new backing basket for the Iraqi Dinar.
This backing basket will be made up of a percentage of
the value of gold and a few foreign currencies and the collective sum value of
all percentages added together will equal 1 Iraqi Dinar.
The anticipated starting sum value of the IQD according
to my due diligence will be somewhere between the low of .30 (thirty cents) and
a high of $1.16
There is a very good chance it will start on the low side
and rise up or fall by market demand on a free float.
At the same time they will announce and introduce the new
currency to the world.
The anticipated time for this is anytime from now until
June 1st
According to...our matrix of information.
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