Reset Update – What is Happening Now
Update, No one has cashed out, there have not been private exchanges, no one can produce any proof, and it’s quite obvious that there is no logical reason for early cashing out anyways.
Do not listen to anyone telling you what the rates will DEFINITELY be when this happens. Nobody on the calls knows what the exchange rates will be tomorrow as they fluctuate daily based on trading activity. I have done Forex trading for years, I’m good at it, but I look at many different reports and factor in many different things (inflation, unemployment, disposable income, etc) and never just buy a currency without a reason behind it.
The dinar/dong are very speculative, however, the dong might have a better ROI. http://globalcurrencyreset.net/vietnamese-dong/
Realistic Exchange Rates
Talking about Iraq returning to a rate of $3.71 is like saying the German mark (hyper inflated in 1923) would go back to 100 marks=$1 and it’s not going to happen. I do expect the economy of Iraq to grow, however, with ISIS in control, I’m also expecting some coming depreciation of the dinar, http://globalcurrencyreset.net/iraqi-dinar/ meaning the rate might go to 1,300 or more per $1. We cannot have a revaluation of a currency that is NOT internationally traded. The only country using the Iraqi Dinar is Iraq, and if you listen to people like the American Contractor http://globalcurrencyreset.net/global-currency-reset-podcast/ and http://globalcurrencyreset.net/american-contractor-rich-morris-interview/ who has lived there, you will see that even in Iraq, the people prefer the US Dollar over the Iraqi Dinar.
First, we need to have the Iraqi Dinar become internationally traded. Then, the currency will need to find the correct trading rate as traders like myself feel that it’s not at the correct exchange rate. After that, you will probably see three zero’s removed for international trading purposes (this does not make it worth more, 1000 becomes 1, which is known as re denomination http://en.wikipedia.org/wiki/Redenomination) and finally, after all that, once the US Dollar finally collapses http://globalcurrencyreset.net/dollar-collapse-coming-soon/ the world will be seeking a new, asset backed currency which could be the SDR or the Yuan or a Interview With Willem Middelkoop Author of The Big Reset.
OK, so I have given you all quite a bit to think about, and I would like to hear your comments on my analysis. Please comment below.
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