Monday, December 2, 2013

12-2-2013 Intel Guru ScottiG

12-2-2013  Intel Guru ScottiG   CBI director Turki picked up bonds in Geneva on the 12th of Nov. He initially picked up 3 billion bonds. A banker inquired as to why he was picking up the bonds because you have to have a currency of value!!!   Imagine that. One my contacts uncovered that this was more of a major event than is visible on the surface. Short version is that once the Bonds are released for sale, they should go quick. We should expect to see the change in value of the Dinar shortly after the sale is completed.  I know with certainty many of the cards in Iraq indeed are loaded with a value of $3.44 per Dinar. It stands to reason that until the currency does revalue that the currency is likely in USD.