3-20-2013 Intel Guru Delta: Announcement that came out from the CBI… Back in December the Board of Directors met behind closed doors and came up with 6 decisions, one being giving Turki the power to increase the value of the IQD when the timing was right. They are saying that those decisions they agreed upon back in December…they are about to implement ALL of them…NOW!
Why are they saying now? Remember, they were talking last year about deletion of the zeros, raise the value, all kinds of talk regarding this, they also made mention that before they did anything they would give a “heads-up” of a couple, three weeks; we are not going to do this suddenly. It’s not going to be a surprise. We are going to tell you in advance and give you a chance to get things worked out and be ready…to get the government, financial community, exchange offices, currency traders, ISX a heads-up that it’s coming and to prepare themselves and be ready. The announcement came out on the 14th.
They are probably giving everyone about 2 weeks to get ready. In this announcement they are really announcing the revalue of the IQD. Remember back when Shabibi made the 4 PIP movement from 1170 to 1166. This change was ONLY against the USD! The other currencies remained the same. BUT in THIS announcement…they are talking about a “change” ALL ACROSS THE BOARD! This time it’s going to be ‘AGAINST ALL FOREIGN CURRENCIES!’ REVALUATION. IMO, we are really very, very close.