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3-2-2015 *** Dinar Guru NEWS FLASH *** The CBI has announced the 50 dinar note will be retired and worthless after April 30th. This means if you have a significant number of 50 dinar notes you MUST exchange them by then or lose their value. Most online brokers are offering exchange procedures...do your research and pick the one that works best for you. Read the guru updates from the 28th and 1st to see how the gurus feel retiring the 50's effects the overall dinar investment...Guru Breitling's posts offer a very interesting perspective. Stay tuned as more light is shed on this BOMBSHELL of an announcement by the CBI...
3-2-2015 Intel Guru TNT Tony [via Adept1] Everything has been completed. IN the US everything is done. The military did get paid at the new revalued rate, all the way back to January. The Iraqi citizens know that, and they are waiting to get their own checks and cash. All the merchants know it as well. They didn’t want to do this as the initiative started in Tikrit, on the day they started taking back the city. [You said the Iraqis are waiting for the right time. There will never be a perfect time because there is always something going on.] It will never be perfect, so they will choose the time with the best advantage for them. The taxes and tariffs are already in effect, and they have paid their military for the last two months. The people are now waiting to go to the bank. Rates were changed, and they are on screens all around the world... Everything is done, and this is about to get real. I do believe there is a plan for this to go out this week. We are just waiting for a flip of the switch.
3-2-2015 Intel Guru DC [It’s been mentioned a few times that they are trying to clear out these large bills. Is there any chance that the people who don’t want us to have this will leave us hanging, that we cannot exchange these large bills?] It’s a very faint possibility. Those who have exchanged, especially since 30. October or with SKRs, if they were able to exchange and make a ton of money and the rest of us cannot, that will cause all sorts of troubles. I think that is insurance on that. All the major banks are ready to go through and this is a massive stimulus for the economy. The five million in this are an essential part of the plan to stimulate the economy and the oil credits. We are part of the plan, just the last to get off the bus. Many get worked up about this, and because this is wildly speculative investment, it invites a lot of conspiracy-minded people. But we are part of the plan and we are going to be paid. [post 2 of 2]
3-2-2015 Intel Guru DC [via Adept1] Iraq got up to the plate on Saturday night, lined up and ready to go, and they had a meeting about the RV, taxes, customs rules and enforcement ready to go on 1 March. They agreed to keep the tariffs and customs rules in place, and not to restart the auctions, but to hold off on the public side of the RV. They are holding off on who can exchange in Iraq for a few days. The tariffs are in place throughout the country. They decided several things in that Saturday meeting, and we have some confirmation on one of them. Abadi and his Council of Ministers decided that it would be better to take back a part of Iraq, Tikrit? That might take weeks or even a few months. They don’t need to have the entire town be re-taken, they just need some wins on the board. That was not part of the equation until Saturday night. The RV is absolutely part of their military plan. They want to announce it at the end of the military action, not the beginning. We may have to wait a few days... It will happen when Dr Shabibi gets comfortable. I know this is not the news you wanted, but this is another step towards this being done. [post 1 of 2....stay tuned]
3-2-2015 Newshound Guru Aggiedad77 Article quote: "Iraqi Oil Minister Adel Abdul-Mahdi, said that his ministry will ask the government to issue treasury bonds (Treasury) worth $ 12 billion broadcast reassuring foreign oil companies that will reach their dues by the end of this year to 27 billion dollars." How can the government issue $12 billion dollars in treasury bonds today payable at the end of the year for $27 billion dollars unless they have a currency at the time that will allow such a gain to be made...HUGE HUGE news...add this to the contracts they work under that were set in place in 2009 and 2010...remember those days old timers...that would complicate the apple carts for them...to say the least...but am still working those bond numbers...incredible.
3-2-2015 Intel/Newshound Guru Poppy3 ...CAN NOW SHED MORE LITE ON MY GOOD NEWS I AM EXCITED ABOUT. I WAS TOLD IN THE FINANCE MEETING THIS MORNING THAT THE ARGUMENT WAS ABOUT A RATE THAT IS BEING ASK FOR AND DISCUSSED TO DEAL WITH THE VALUE OF DINAR AND THAT RATE IN DISPUTE IS IN THE $3.90 CENT RANGE. THE ARGUMENT IS THAT THE OIL MINISTERS ARE WANTING A HIGHER RATE AND THE CBI IS ARGUING TO BEGIN AT A MORE NOMINAL MEDIAN RATE BUT THE OIL MINISTER SAYS THEY CAN'T MEET PAYMENTS TO THE PRODUCERS WITHOUT THE HIGHER RATE. NOTHING HAS BEEN SETTLED AND IT IS GOING TO REQUIRE MORE DISCUSSION. THEY ARE LOOKING FOR MIDDLE GROUND AND THE WAY TO ACCOMPLISH WHAT BOTH NEED...MEETING NEEDS AND REMOVING THE THREE ZERO'S WITHOUT CAUSING UNCONTROLLED INFLATION. THIS IS EXCITING NEWS TO ME BECAUSE WHAT WE NEED THEM TO DO IS FRONT AND CENTER AND THEY ARE IN A HURRY.
3-2-2015 Intel/Newshound Guru Poppy3 ...NO RV YET BUT CLOSER THAN EVER AND COMPLETELY A FOREGONE CONCLUSION ITS JUST AROUND THE CORNER. I AM SO HAPPY TODAY AND IF YA'LL KNEW WHY YOU WOULD BE FULL OF JOY ALSO.
3-2-2015 Newshound Guru tlm724 Article: "Parliamentary Finance searching with the Governor of the Central Bank of the issue of the Iraqi dinar and the abolition of zeros" we have several diff source articles for this...basically all the other articles are saying the same thing...lets have a talk about getting rid of the zero's. you all do realize how fast things are happening don't you? I am talking about the fact that we are smack dab in the middle of the currency reform.
3-2-2015 Newshound/Intel Guru BGG the one thing our Baghdad contact has maintained is Baghdad needs money to fight ISIS. Period. He felt like one of the main ways to get it was via currency reform - ''removing the 3 zero's"... it seems a little early to me based on the press releases over the last few days - but what do I know?? This is an emergency.
3-2-2015 Intel Guru Hocus Pocus [via Guru Jester] NO CHANGE OVER THERE... BUDGET NOT IN THE PAPER... THEY ARE STILL OPTIMISTIC AND THE NEWS FEED SAYS SOON THEIR MONEY WILL BE WORTH MORE... SAME INFORMATION WE HAVE BEEN GETTING FOR A WEEK.
3-2-2015 Newshound Guru My Ladies DINAR LAND THINKS THE OPPOSITE, THEY THINK LAWS NEEDS TO COME FIRST, AND SALARIES ARE PAID THEN WE ARE NEXT, BUT NO, NO NO NO NO NO, YOU CAN NOT DO THINGS IN REVERSE LIKE THAT, BASIC BANKING PRINCIPLES. IF THEY GO INTERNATIONAL AT 1166 THEY ARE NOT GOING TO "RV" OR "RI" AFTER THAT. THE SYSTEM DOES NOT WORK LIKE THAT. IF THEY GO INTERNATIONAL AND PASS LAWS AND PAY SALARIES AT THE IMPOSED RATE THEN THEY HAVE DEFIED ECONOMICS AND WE ARE IN FOR ANOTHER 10 YEAR WAIT. WELL 5 AT LEAST BECAUSE THAT IS WHAT THEY SAID THEY NEED TO FINISH THEIR MONETARY REFORM. WE ARE STILL IN THE GAME AS OF TODAY. [post 2 of 2]
3-2-2015 Newshound My Ladies THE WAY I SEE THINGS AS LONG AS NO LAWS REQUIRING FUNDING ARE PASSED AND NO SALARIES ARE PAID, AND NOTHING IS HAPPENING CAUSING IRAQ TO CROSS BORDERS WE ARE OK. YES WE ARE STILL WAITING, BUT WE ARE STILL HOPEFUL THE WAIT IS SHORT. NOW IF WE SEE MONEY MOVING, AND INTERNATIONAL OBLIGATIONS BEING FULFILLED, AND THE SMART CARDS BEING ACTIVATED WITH NO RATE CHANGE THEN WE WILL NEED TO BE REALISTIC WITH WHERE WE ARE. SO HERE IS HOPING FOR IRAQ ADOPTS A CURRENCY VALUE OTHER THAN 1166 AND DOES IT BEFORE MAKING ANY MANY CHANGES IN MONEY AND POLICY. [post 1 of 2....stay tuned]
3-2-2015 Intel Guru Jester THEY ARE WAITING ON SOME THINGS TO BE SIGNED WITH THE US... ALL INDICATIONS ARE THE BUDGET IS READY TO GO... THIS IS JUST SOMETHING THAT HAD TO HAPPEN WHEN THE BUDGET WAS READY TO GO... OTHERWISE IT WAS A MOOT POINT...LOOKS LIKE THINGS ARE GOING THE RIGHT DIRECTION.... I BELIEVE THIS IS JUST A SMALL HOLD UP... THAT THINGS ARE STILL GOING JUST FINE... THE BUDGET JUST NEEDS TO BE PRINTED INDICATING THINGS ARE DONE AND THEN POOF... IRAQ WILL BE ON IT'S WAY.
3-2-2015 Newshound Guru Millionday [They can't RV without the Article 140 implemented, right?] UNDERSTAND THAT THE BUDGET DISTRIBUTION IS IMPACTED BUT CBI HAS REPORTED THAT INVESTMENT FUNDS COULD BE USED TO MOVE FORWARD WITH THE MONETARY POLICY. SO AS FAR AS AN ACCURATE EXACT TO THAT ANSWER -- IT CANT BE GIVEN UNLESS BY CBI WHO HAS THE INDEPENDENCE IN THE MONETARY POLICY. [post 2 of 2]
3-2-2015 Newshound Guru Millionday Article quote: "Office of the Prime Minister Saad al- Sabri, that the application of Article 140 of the Constitution after the procedure will eliminate Daash terrorist gangs in the disputed areas." THEY ARE NOT ACTIVATING ARTICLE 140 UNTIL DAASH IS ELIMINATED PER THIS REPORT. IT IS NOT THAT THE BORDERS ARE NOT BEING DEFINED -- IT IS THAT IT IS NOT AN EASY TASK WITH DAASH ON THEM OR IMPACTING THE PROCESS. [What is article 140...?] ARTICLE 140 IS PART OF THE CONSTITUTION THAT DEFINES THE AREAS THAT ARE PART OF KURDISTAN... IMPORTANT FOR COSTS AND BUDGET ETC. [post 1 of 2....stay tuned]
3-2-2015 Intel/Newshound Guru Backdoc ...A FEW MORE LAWS WILL LIKELY BE READ SO THAT ALL IS IN PLACE FOR THE ONE BASKET! THE LAW OF PARTIES MAY BE ONE OF THOSE GETTING FINISHED! WITH THE MARKET ECONOMY READY TO LAUNCH AT THE END OF THE MONTH, THEY ARE IN A HURRY TO PUT THINGS IN ORDER! IT MAKES SENSE THAT A RATE WOULD PRECEDE THE LAUNCH OF THE MARKET ECONOMY SINCE IT WILL TAKE A FEW DAYS TO ADJUST TO THE NEW CURRENCY! [post 2 of 2]
3-2-2015 Intel/Newshound Guru Backdoc WE ALL EXPECTED TODAY [SUNDAY] TO SEE THEM START TARIFFS AND TAXES AS THE ARTICLES INDICATED! EITHER THEY HAVE ACHIEVED THEIR GOAL ON REDUCING LIQUIDITY FROM THE PUBLIC FLOAT AND ARE SIMPLY WAITING TO LAUNCH EVERYTHING ALL AT ONCE OR POSSIBLY THEY ARE WAITING TO SEE SECURITY IMPROVE IN THE NEXT WEEK OR TWO BEFORE A RATE CAN BE RELEASED! WE KNOW THAT THE KURDS ARE NOW VERY HAPPY BUT THE SUNNIS HAVE ONE MORE REQUEST BEFORE THE NATIONAL RECONCILIATION IS COMPLETE, ARREST MALIKI AND BRING HIM TO JUSTICE! [post 1 of 2....stay tuned]
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3-1-2015 Intel Guru WILDDUCK ...WARKA BANK IS GIVING OUT CARDS TO ACCOUNT HOLDERS, FIRST TIME EVER ...SO HOW DO THE DO THAT WITH OUT AN RV? [...guess something changed?] SO OVERSEAS ACCOUNT HOLDERS CAN ACCESS THEIR RV'D DINAR. [So we can really see the light at the end of this tunnel?] YES... LET'S SEE WHAT OVER NIGHT BRINGS AS BANKS OPEN AROUND THE WORLD IN A FEW HOURS.
3-1-2015 Newshound Guru BondLady "The World Gold Council announced (WGC), said that "the Iraqi Central Bank had bought 48 tons of gold during 2014, bringing the country's reserves of gold material by three times what it was during the year." Remember they already said they had enough reserves to cover one and a half right? "The Iraqi Central Bank to invest cash reserves of hard currency through the purchase of gold" So now they have more.
3-1-2015 Newshound Guru tlm724 "The Iraqi Central Bank to invest cash reserves of hard currency through the purchase of gold" Kinda looks like the CBI is heading (maybe considering) buying even more gold especially after the decline in gold prices in world markets over the past months. Gold is gonna cover everything the CBI wants to accomplish with currency reform including the deletion of the zeros. Brings the dinar up front with dollar allowing them remove the dollar imo. Gold has the value needed to protect and guarantee the economy...it’s a safe haven for Iraq which contribute to maintaining the value of the dinar Iraqi. The decision to buy gold is to protect the dinar not the dollar! The dinar is safe no matter what the currency baskets does because it is protected!
3-1-2015 Intel Guru EXOGEN GETTING MONEY AND HAVING A FULLY IMPLEMENTED AND ACTIVATED HCL ARE 2 TOTALLY DIFFERENT ANIMALS. WHEN THE KURDS ARE 100% HAPPY, THEN IQD LAND WILL BE HAPPY! ARE WE CLOSER THAN EVER? 100% YES.
3-1-2015 Newshound Guru Millionday Article quote: "...The Iraqi government has bought 36 tons of gold bullion to raise the value of the Iraqi currency in the global markets..." CBI HAS BOUGHT MORE GOLD TO RAISE THE VALUE IN THE GLOBAL MARKETS --- THIS WOULD MEAN THEY ARE GOING TO THE GLOBAL MARKETS... IN THE NEAR FUTURE...WHOOPOW. [so where is the money coming from to buy this gold?] CBI HAS MONEY AND FUNDS THEY HAVE NOT DISTRIBUTED FOR BUDGET AND ALSO HUGE RESERVES...CBI INVESTED IN MORE GOLD TO BACK THE VALUE OF THE DINAR PER THIS REPORT.
3-1-2015 Newshound Guru My Ladies THE GLOBAL MASTERCARD WILL BE IN EFFECT IN PLACES OTHER THAN THE 4 ARAB STATES. THEY WILL BE GLOBAL, AS SOON AS THE GOI DEPOSITS THE MONEY TO RAFIDAIN THE CARDS ARE INTERNATIONAL. THEY HAVE BEEN EXPERIMENTING WITH TRIAL CARDS IN ABU DABI AND EVERYTHING IS WORKING FINE. ALL THEY NEED NOW IS TO FUND THE ACCOUNTS..THE CARDS WILL GO LIVE AS SOON AS THEY DO.
3-1-2015 Newshound Guru Millionday Article quote: "Rafidain Bank, announced its intention to issue smart card, in the coming days for retirees in four Arab countries." THE SMART CARD IS TO BE ISSUED IN THE COMING DAYS AND IT IS USED FOR BENEFITS FOR IRAQIS AS PROMISED -- SO IT WILL NEED TO BE ABLE TO BE USED THROUGH THESE COUNTRIES BUT -- PREVIOUS REPORTS HAVE STATED THAT THE SMART CARD WHEN ACTIVATED WILL BE ABLE TO BE USED GLOBALLY. THIS IS A HUGE STEP FROM THE BANK AND ALSO WILL BE ORDERED FOR ACTIVATION BY CBI PER DISTRIBUTION OF BUDGETED BENEFITS. [Will the rate attach to the Cards?] THEY WILL HAVE TO HAVE AN EXCHANGE RATE FOR THE CITIZENS TO USE THE CARDS OUTSIDE THE COUNTRY FOR THE LOCAL CURRENCY THEY STAND IN.
3-1-2015 Intel Guru Jester A BUDGET HAS NOT BEEN PRINTED YET... THAT IS WHAT WE ARE WAITING FOR...THAT IS STILL SIMPLY AN INDICATOR OF THINGS TO COME.
3-1-2015 Newshound Guru Breitling We're in a very very good spot. the 50 dinar note being taken off the market means more notes being taken off the market period end of story. The last report we got they were at 4 billion notes…at it's height they were at 9 billion notes. 3 things we know. We know the number that they're at…so they can raise the value whenever they want. 2. They're taken away even more notes by taking the 50 dinar note off. 3. They stopped the auction floor which is what they used to help keep the value of the note down…NOT up…they kept it down that way. What would be great to know…is remember the US dollar represented 30% of the markets inside Iraq. Who knows where they are at today. I would LOVE to see those numbers cause that would tell us a lot. [Post 2 of 2]
3-1-2015 Intel Guru TerryK IM PRAYING THAT WE RV TOMORROW [SUNDAY]...WHAT IM HEARING IS THIS...SUCKER RATE...RI...THEN RV BETTER RATE...THEN FLOAT...BELOW 3...HIGHER THAN 2...RV RATE BELOW 4...HIGHER THAN 3.50.
3-1-2015 Newshound Guru Tlar Some very intelligent people IMO got stuck in the float theory and haven't ever come around that the program to delete the zeros is back on. All the safe guards in protecting the currency also support that the deleting the zeros program is back on. It is very telling that the 50 is being removed, and the 250, 500, and the 1000 all are in the process of being replaced by expensive high security notes. All are less than a dollar and are not worth being counterfeited as witnessed by the fact they have never been counterfeited. It is only in a situation that the rate changes significantly that these not would need to be protected. And IMO we are seeing just that. The precursor to the deletion of the zeros project being implemented. [post 3 of 3]
3-1-2015 Newshound Guru Tlar Maliki then promoted Turki to be the Governor of the CBI thinking he could control him. Turki did not play ball with Maliki and went right back to supporting removing the zeros program within 30 days. IMO we know this because the articles that had been talking about deleting the zeros earlier under Shabibi had all but disappeared, having been replaced by articles stating the CBI intended to release the dinar at 1166 and float it up from there. But when Turki took over, within a month articles started to resurface again talking about deleting the zeros and have continued since then using the name deleting the zeros. [post 2 of 3....stay tuned]
3-1-2015 Newshound Guru Tlar ...the "delete the zeros" program is a real program. There was about a four month period in 2012 that Shabibi decided to change the program and we saw articles attesting to that decision. The decision had been made by Shabibi to just release the currency at 1166 and "let the market decide its value". He had stated that he was going to do this whether or not the government was on board. The float theory was not a theory but a real change in policy in late 2012. Shabibi had done this because every time he tried to implement the delete the zero program it was thwarted by Maliki. As we know, Shabibi did not get a chance to just float the currency because he was charged with crimes and removed by Maliki before he could do it. [post 1 of 3....stay tuned]
3-1-2015 Newshound Guru Breitling The intent of the CBI is EXACTLY the same…what do they want to do? They want to get it to a US dollar and after that they want to change the economic policies a little bit and get it to $3.00…and that's that. This [50 dinar note retirement] revealed to us the time frame…they are not going to come out at a buck…this tells us they are going to come out as a float. There is always a couple scenarios so we'll see how it goes…the wealth of the 50 dinar notes is going into your dinar coming up pretty quick so Happy Birthday! [post 1 of 2 stay tuned for the rest of the story]
3-1-2015 Intel/Newshound Guru Poppy3 RICH FRIENDS, EARLY THIS MORNING [SATURDAY] PARLIAMENT MEETING REPORTS SEVERAL OF THE MAIN LAWS WE BEEN WAITING ON WILL BE FINISHED AND IMPLEMENTED TODAY [SATURDAY] AND TOMORROW [SUNDAY]. THE ABSOLUTE RUSH IS STILL ON TO COMPLETE THE FINANCIAL REFORM AND CURRENCY REFORM AND I AM MORE ENCOURAGED THAN EVER. ALL INDICATIONS ARE THE NEW RATE WILL SHOW ANY DAY NOW AT ANYTIME. ANY SPECIFIC DATE WILL NOT MATTER WHEN THEY FINISH THEIR CHECK LIST THEY HAVE TO COMPLETE...WE WILL SEE THE NEW RATE AND ALSO THERE HAS BEEN MANY REPORTS THAT THE NEW RATE WILL BE CLOSE TO WHAT I HAVE ALWAYS STATED I THOUGHT IT WOULD BE IN THE $3.00 PLUS RANGE...
3-1-2015 Newshound/Intel Guru BGG [...can you tell us...what they are doing with the 50s over there...replacing for better security ones. or removing the 50 note for good?] ...that I do not know for sure...however, the change under the cover of a possible removing of the 3 zero's implication is VERY, VERY GOOD NEWS.
3-1-2015 Newshound Guru Backdoc [WE FELT VERY STRONGLY THAT THE TARIFF AND TAXES WERE TO START MARCH 1 ...DO WE STILL THINK THAT WILL HAPPEN?] HERES MY TAKE…IF WE DONT SEE THE RATE AND THEY LAUNCH THE TARIFFS AND TAXES IT WILL ONLY ACCELERATE WHAT WE WANT TO HAPPEN UNDER THE NEW MECHANISM. THE POINT HERE IS TO PULL OUT ANY REMAINING LIQUIDITY OR CASH OUT OF THE ECONOMY. IF THE RATE IS NOT GIVEN ITS BECAUSE THEY WANT MORE OUT!!! THIS WILL MAKE THE RELEASE OF THE LOWER DENOMS EVEN MORE SUCCESSFUL.
2-28-2014 Newshound Guru Aggiedad77 Article 140 is said to be delayed until DAASH issues are over...Former President Talabani has visitors...CBI is still in the news, slightly...Sunday still appears to be the launch day for the removal of the 50 dinar notes.
2-28-2015 Newshound Guru Millionday [do you think our back wall is now pushed back 60 days to get the 50's in?] NO I JUST THINK THAT THEY ARE BEGINNING TO REDENOMINATE PER THE REPORT WE HAD TODAY...TO REMOVE THE THREE ZEROS IS WHAT WAS SAID AND THE LACK OF USE OF THESE THAT WERE FROM THE 2003 SERIES... JUST A FIRST STEP.
2-28-2015 Newshound Guru Breitling 2. This tells us that instead of coming out at a certain rate, they are going to float it up little by little. 3. They are going to get more notes out of the market by doing this. The wealth that WAS in the 50 dinar notes goes into YOUR dinar…that's not bad news that's good news. The wealth of Iraq is not going anywhere it's just going to be crunched up and represented in the remaining notes. This is the way it works with every currency…With every country if they reduce it [Their currency]. [Post 2 of 2]
2-28-2015 Newshound Guru My Ladies MANY THINGS ARE TAKING PLACE IN IRAQ BEGINNING TOMORROW AND MOST OF THEM POINT TO THE COUNTRY BEING INTERNATIONALLY RECOGNIZED. THE QI CARDS ARE GETTING READY TO REACH OUT AND TOUCH SOMEONE! THEY’RE SAYING THAT STARTING VERY SOON THE RETIREES LIVING OUTSIDE WILL RECEIVE THEIR PENSIONS ON THE CARD. UP TO NOW THEY HAVE BEEN SENDING THEM PHYSICAL MONEY. SO HERE IS ANOTHER SIGN THAT SPEAKS TO BEING INTERNATIONAL...THEY ARE SENDING THESE CARDS TO 4 COUNTRIES TO START. WE HAVE DONE SEVERAL COUNTDOWNS OVER THE YEARS, LET'S HOPE THIS OUR LAST ONE.
2-28-2015 Newshound Guru Breitling The CBI announced they are going to retire the 50 dinar notes at the end of April…we basically have 2 months [to exchange them]. Is this something BAD that's happening? NO…nothing of the sort! This does not effect everyone, but this effects me cause I have a ton of 50 dinar notes. Here are the 3 things that this reveals: 1. The reason they are taking the 50 dinar note out of circulation is because it's value is so low that it's not efficient. [Post 1 of 2 stay tuned for important points two and three coming shortly]
2-28-2015 Intel Guru Jester WE BELIEVE THIS THING IS CLOSE. WHEN SUNDAY ROLLS AROUND I AM HOPING TO BE ABLE TO UPDATE YOU ALL QUICKLY ON WHAT WE ARE HEARING...IT MIGHT TAKE SOME TIME FOR US TO SEE IT... BUT I AM BETTING WE WILL HAVE A GOOD IDEA...
2-28-2015 Intel/Newshound Guru tman23 AS FOR ANYONE SAYING THAT HERE IN THE USA THEY WILL STILL HONOR THE 50 IQD NOTE EVEN THOUGH THE CBI SAYS THEY NO LONGER WILL.......WELL THAT JUST ISN'T SO.....AND IF THEY SAY IT IS THEN ASK THEM IF THEY WILL EXCHANGE SOME OLD IRAQI SADDAM NOTES!
2-28-2015 Newshound Guru Kaperoni Article quote: "...the 50 dinars born "dead" because they are too small and can not be accepted compared to other groups." [I take this as just more confirmation of good things to come and it has started.] I do agree..and the time limit of only 60 days seems to tell me that they wanted to get this over with quickly so they can pursue that new policy. Quote: "A source in the CBI told the "term" that "the Bank does not want a conflict between the currency category of 50 dinars and 500 dinars in case of deletion of zeros from the last." I think the very fact that they mention deletion of zeros as a possible reason in this article implies that process is coming sooner than later. Especially when they are only providing 60 days to redeem. [...if an initial revaluation was coming first, the 50 note would definitely have value. to see it being removed leads me to believe the plan is already in place to come out with a float which means at least for a stretch of time the 50 note will have no significance and should be removed.] ...it will come out at 1166 and rise. Not including any correction that may occur.
2-28-2015 Newshound Guru Millionday THEY HAVE BEEN WORKING ALL DAY [FRIDAY] TO FINISH THE ENTIRE OIL AGREEMENT WITH KURDS AND IRAQI FED. THEY HAVE STATED THEY ARE VERY HAPPY WITH AGREEMENT ON BOTH SIDES. THEY HAVE FORMED A GROUP OF KURDS AND IRAQI MINISTERS THAT WILL MONITOR THE AGREEMENT. AS WE KNOW THEY HAVE ALSO AGREED ON FINANCIAL DISTRIBUTION SO NOW THEY ARE GOING OVER THE POINTS AND ENSURING THAT THE AGREEMENT IS ALL THAT BOTH SIDES WANT AND EXPECT. THEY ARE SPENDING A LOT OF TIME FORMING GROUPS TO WATCH ALL ASPECTS OF REFORM AND ADVANCEMENT -- IT HAS TO BE FOR SOMETHING OR THEY HAVE RUSHED AND WORKED LIKE THIS TO SIT IN A CHAIR AND THAT I DOUBT. PARLIAMENT MEETS TOMORROW [SATURDAY] AND THE NEWS IS NOT REPORTING MUCH AT ALL BUT WE HAVE HUGE LAWS ON THE AGENDA...
2-28-2015 Intel Guru Frank26 On Sunday the 1st of March in this 2015 ...History will change in Iraq.
2-28-2015 Intel Guru TerryK HOW CAN THEY JUST DUMP THE 50 DINAR NOTES...IS IRAQ MAYBE WANTING US TO PANIC AND DUMP THE INVESTMENT ALL TOGETHER...MAYBE. THINKING BACK TO THE DAYS OF KUWAIT, AND WHAT I LEARNED AFTER THAT BLESSING IS THIS...A LOT OF THINGS TO SCARE EVERYONE WAS BEING SAID. SO IF WE HAVE THE BLESSING THIS SUNDAY WHICH IS A STRONG POSSIBILITY THEN THAT WOULD NOT MATTER...JUST DUMP THE 50'S RIGHT.
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