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Guru Kaperoni investigates the Iraqi Dinar LOP....

4/16/2012

37 Comments

 
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What do we REALLY know about the "Delete the Zeros" CBI project? 

Is there going to be a LOP or Not is the MAJOR Question....
Kaperoni chat on Dr. Bakri paper 4/7/2012

Kaperoni: I thought the PDF Paper (document) from Dr. Bakri was so good, so informative, I wanted to do a chat on this. To break down the events and clarify what we know.


To read why Guru Kaperoni does NOT feel there will be a LOP...CLICK read more on the right >>>>>
Kaperoni: First, who is Dr Bakri?

...hired by the CBI to participate in the various Symposiums around Iraq educating in regard to the “delete 3 zeros,” also known as “lift 3 zeros” process....
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Kaperoni: He is on the Administration and Economics staff at the University of Babylon Dr. Kazem Jawad Al Bakri teaches in the Department of Finance at the University of Babylon Well respected Economist. Has been hired by the CBI to participate in the various Symposiums around Iraq educating in regard to the “delete 3 zeros,” also known as “lift 3 zeros” process.

Kaperoni: I think we can say this man is very well educated, knowledgeable and experienced. So much so, in fact, that the CBI relies on him to speak at these various Symposiums to explain what is about to happen to the currency.

Kaperoni: Here are a few of the news articles supporting Dr. Bakri’s participation in various Lectures and Symposiums.

http://translate.goo...3D34445&act=url

http://translate.goo...D%3D674&act=url
Kaperoni: I think we can draw from this information that Dr. Bakri is an authority, an expert, and is well informed in this event. Much more so than any “part time” guru or educated person who thinks they know what is happening within Iraq. Even someone who claims to be a “currency/investment analyst” has to take a back seat to this man’s knowledge, experience, and expertise in the circumstances within Iraq. After all, he is one of the “trusted” ones to disseminate this process to the Iraqi people.

Kaperoni: Now that we have qualified him, lets take a look at one of his papers…from June, 2011

Kaperoni: Proposal to raise zeros from the dinar Ala a paper – A. M. D. Jawad Kazem al-Bakri

http://translate.goo...5B1.pdf&act=url

Kaperoni: Here is the first quote…

Kaperoni: “The history of modern economics tells us that many nations in the world such as the countries involved in WW1 and WW2 or most recently the collapse of the Eastern Bloc countries, have taken one of these two measures, either by changing the whole national currency or eliminating zeros from the currencies so that it can go back to its previous stable condition.”

Kaperoni: This is pretty straight forward. That there are two ways or methods to go back to the previous stable condition after such events like a war. You either eliminate zeros from the currency (LOP) or do a currency change (transition from one set of notes to another without the zeros).

Kaperoni: Now here is where we learn what Iraq is really doing. Despite all the articles, misdirection, and confusion with terminology this quote tells us exactly what is happening….

Kaperoni: “In the Iraqi experience after the fall of the dictatorial regime, the present authorities have decided to change the Iraqi currency to a new currency.”

Kaperoni: This is absolutely the most direct and powerful statement we have heard. This is not an opinion, but a factual statement…”the present authorities have decided to change the Iraqi currency to a new currency”

Kaperoni: Now this also tells us that they are NOT deleting the zeros off the notes. And it tells us that “collecting the notes” is what is happening to reduce the money supply. It also tells us that we have been accurate all along on the research we have done on this investment. Here is the telling part – we did not know this information until just a few days ago. Which then ends up being a “validation” of the research.

Kaperoni: Next quote…

Kaperoni: “This does not affect the value of the dinar so far but it opens the dinar to the free currency market such as against the dollar, etc.”

Kaperoni: Now this quote is simply amazing. It is telling us that the value of the old dinar (3 zero notes) is not effected. Clearly, this is what we want. Some may want to interpret this saying “yes the value does not change and the exchange rate also stays the same,” ie (LOP) Well this next quote…puts an end to that theory as well…more proof yet to come…


Kaperoni: “If three zeros were lifted from the IQD, this means the IQD becomes stronger 1000 times in terms of value.”

Kaperoni: This in itself is all we need to be assured of our investment. But the good Dr. gives us the dagger in the LOPster heart with this gem of an example…

Kaperoni: “For example, a pack of cigarettes that was selling for 1000 dinar would be only 1 dinar. If it was a conversion like that, if the three zeros were lifted from the previous currency, this means the old 1000 dinars will buy 1000 packs of cigarettes instead of 1.”

Kaperoni: He states clearly the previous currency (3 zero notes) will buy more after this event. That the dinar will appreciate in value 1000 times. No more discussion is needed…But wait, he is trying to explain this event so we will get even more confirmation…lol

Kaperoni: Quote…

Kaperoni: “From a theoretical point of view, when three zeros are lifted from the IQD its buying power will increase drastically so that the dollar will be equivalent to 1.5 dinars only.”

Kaperoni: And this one…

Kaperoni: “Therefore, let’s say the merchandise imported from abroad is valued before lifting the zeros at 1.2 million dinars, or $1000; if you lift the three zeros 1200 dinars will equal $1000; therefore, that will not bring any negative impact on the Iraqi citizens.”

Kaperoni: And the benefits of the event…

Kaperoni: “On the positive of lifting the zeros from the IQD, the operation of lifting three zeros from the IQD, according to a study and sound physical policy, will lead to these positive factors:

1. It increases the monetary power of the IQD to buy things.

2. It increases the value of exchange from the dinar to other currencies.

3. It provides more confidence for more foreign investment in the economy.

4. It increases the confidence of the Iraqi citizen in his own currency, as is the case with the dollar and other currencies in their own countries.”

Kaperoni: This is simply the most powerful explanation and description of what is going to happen that we have ever had in print from an expert in Iraq. An explanation that is right on with our own research studying this event for over 4 years.

Kaperoni: Pray that the GOI is formed, that stability continues, and that Dr. Shabibi can accomplish this event.

Kaperoni: Done.
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37 Comments
rennie
4/16/2012 07:04:54 am

kaperoni...what can i say...he sums it up! i love his confrence calls, makes sense!

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Philp
12/6/2019 11:31:12 am

If it all makes sense why are we still waiting.??.

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Gogomez
4/16/2012 07:58:32 am

What you have is old news...... just recently, a resolution was passed to stop the printing of the new money deleting the zeroes........

Resolution Passed to Suspend The New Iraq Currency



Iraq Dinar Currency

There are several articles published recently that are mentioning the Central Bank of Iraq (CBI). Who by the way, are scrambling to control the outflow of U.S. Dollars in the market. The CBI has put in place the restrictions for the banks and the money exchange centers however, this has not solved any of the problems. Unfortunately, criminal gangs and other entrepreneurs are continuing to gain more U.S. dollars to send to both countries of Iran and Syria. Both countries are under sanctions and their currencies are depreciating rapidly. The U.S. dollars are also in the streets of Iraq as the confidence in the Iraq dinar is not as high as it has been in previous years.

In January 2012 the CBI announced that everything was fine with the Iraq dinar and now in April, you have the dinar depreciating against the dollar. The Governor, Shabibi will have a lot of explaining to do when he meets with the Council of Ministries.

When the Iraqi government gives the go ahead or authorization to the print the new currency the two (old & new) will co-exist with the current 2003 Iraq Dinars. Note that this will increase the money supply. I have previously mentioned this (see posting from 1 March) and now it has been confirmed by the Iraq news media. Also, contrary to what some may be thinking, the new currency will carry the same exchange rate.

The project to print the new Iraq currency has been placed on hold. Prime Minister Malki has signed resolution stating the project will be suspended if not canceled. The Iraq government is very concerned about the elements inside Iraq who are undermining the economy of Iraq. The department of Cabinet Affairs in the General Secretariat of the Council passed a resolution to stop all procedures on the changing of the new currency until further notice.

Here is something to think about, if the CBI had all the authority why did the Cabinet Affairs have to pass a resolution to stop the process?

On another note, all of the council ministers are in support of Nuri al-Maliki, the current Prime Minister of Iraq. These Minister’s are loyal to Maliki and will continue to support him.

Prime Minister Nuri al-Maliki has the unwavering support of Iran and the USA as the leader of Iraq and will seek a third term in 2014.

Reply
flaboy
4/16/2012 08:11:12 am

good explanation

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Watkinsway
4/16/2012 09:48:20 am

Right on point! Thanks for all you do. Be Blessed!

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SoMonjaK
4/16/2012 09:51:00 am

Yah Bless ya!

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realist
5/16/2012 03:43:35 am

The key fact is that today 1mil IQD is worth aprox $860. After the redenomintion the your 1 mil willl be converted to 1000 and will cashin for $860!!! Then maybe if all goes well your NEW Dinar will SLooooly apppreciate to $1.. So the $1000 you "invested" today will return $1000...Such a deal.

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Allen
5/5/2013 12:56:17 am

man you need to go back to school learn math if it goes to 1/1 the $860 investment will turn into 1 Mill not $860 the rate would have to be .00009/1 (or some like that) for it to be $860 on the return

Reply
Richard Sobierajski
12/19/2012 03:22:09 am

THIS IS SUCH OLDS NEWS AND NOW KAPERONI IS OFF ON THIS FREE FLOAT THING AND SAYS ITS GOING TO HAPPEN SOON , THAT WAS MONTHS AGO , HE ALSO SAYS HE HAS SEEN PAPERS SIGNED AND SEEN THE SO CALLED TRADING ROOM ???? YEAH RIGHT , BIG TIME HYPE AND RUMOR ANOTHER SO CALLED GURU BLOWING HIS OWN HORN AND EGO . LOL LOL LOL

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harold starr link
4/29/2013 09:21:56 pm

i think none of u so called gurus know anything.we r dealing with a 3rd world nation and i believe our 5th grade children know more then they do/good luck

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tony link
6/13/2013 03:20:46 pm

You got that right. The way you are going to know when the Dinar RV'S is when all the Dinar brokers stop selling , they will know way before us.

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Marilou Dody
6/5/2013 01:52:50 am

Why do you keep sending us messages that are over a year old? What possible relevance can they have at this point? I keep looking at them and discovering that they are not current, not particularly enlightening. Please stop this.

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Frank
11/13/2013 12:17:22 am

I agree. All we ever get from Guru is OLD news. I often feel like I'm wasting my time just pulling up the site.

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DRjoe
7/18/2013 11:23:28 am

I've solved the hype, smoke and mirror problem. I quit reading any blogs on any site. I simply go to XE.com and check the exchange rate. This has saved my sanity. Have a great day.

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justme
7/25/2013 03:41:45 am

I agree. When it is done, it's done. No more B.S.

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Frank
11/13/2013 12:20:07 am

I now do exactly the same. Short and sweet and current and to the point.

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Bob Davis link
8/4/2013 02:53:43 am

While I purchased my first dinar eight or so years ago, I am not totally in the know here. What, if anyone can tell me, does "LOP" stand for (direct translation)?

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Saxson
10/15/2013 09:56:16 am

It's an acronym for deleting the 000's

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steve
10/3/2013 02:41:58 pm

My GOD....not a single thing ever that is said can be verified. please go back to selling cars...oh my contact said this. OK GIVE ME HIS # TO CHECK,,,,,YA RIGHT

Reply
Steve H
11/2/2013 02:41:01 am

I was first introduced to this HIGH RISK investment in 2004 by a good friend that holds a prestigious seat on the NYSE and he explained it this way at that time.... There is no (one) single physical building that you could walk into such as the NYSE, NAZDAQ, Commodity Exchange and the like that deals in currency. Sure you could trade currencies through a brokered account but the only true physical buildings you could walk into are BANKS. He went on to say that on the floor of the NYSE there is a Go-To guy that all the Seat Holders look to for advice in currency exchange matters. (Remember this when Swiss Bank accounts where still kept private from the IRS). Its that Gentleman that recommended my NYSE buddy to pick up the new IQD (2003) and later and then him informing me of this venture. He said at the time (and this still holds true today) that this IQD funny money costs MORE to produce then what its worth, with all the high tech anti counterfeit crap that’s incorporated in it. (got me thinking at the time... remember back then Iran was producing a counterfeit $100 dollar super note that even our UST had trouble with). Nobody and I mean NOBODY new anything about a LOP or a deletion of the front zero's (0.00086) or any of the current talk that’s going on today. Who ever thought of the term Guru would exist it this investment....lol? Well go forward 9 years and today I have just closed another order for 2 million IQD 5K notes through my trusted Dealer. Why, because what my buddy that told me about this so many years ago still holds true today. IF and I say (If) the new lower denomination notes are to appear shortly and the rate doesn’t change then that proves its just a little more time before the IQD rises in value to its true worth. Again... Why would a country print 25,000 1 dinar notes at a cost that’s 25,000 times the cost of a 25K note. Heck the 25K note is already costing more then its worth. And “IF“ they choose to: Quote “remove the 3 zeros from the physical currency”, then you and I break even in the exchange from IQD to USD and it's a swop. Simple as that...Oh and one other thing, I challenge anyone to show me ONE country that REMOVED zeros from their currency (not its exchange rate 0.00086) “its currency” while it held or reduced its inflation rate such as Iraq has. Seams to me countries only ADD zeros, such as in Zimbabwe.

Reply
Tom L
11/2/2013 05:14:08 pm

Steve H. YOU ARE MY YODA

Reply
George
3/18/2014 06:52:49 am

So Steve, should we be looking to buy the $5K notes rather than the $25K notes?

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Steve H
3/18/2014 03:07:08 pm

Regarding purchasing 5K notes as to 25K notes (three zeros are three zeros). I tend to purchase the lower denomination notes for one reason and one reason only, to stay off the radar. Let me explain, if the Dinar goes to $0.25 to the dollar, then a 25K note is worth $6,250 USD. Then this $6,250 USD i exchanged is under the $10,000 alarm that the banks and federal government has set for a large physical transaction. But as the exchange rate goes to $0.86 then a 25K note is worth $21,500 USD, way over the reportable amount of a $10,000 USD transaction required by the banks. But with 5 K notes at $0.86 two of them are worth $8,600 USD under the $10,000 alarm. There will be a underground black-market exchange of Dinar within the borders of the United States. The reason I know this is I currently buy physical silver for cash in and cash out from a private dealer. I'm talking silver monster boxes not a couple of coins here or there. Reality of it is we have a big budget to balance of over $17 trillion. They are going to want to get what they can from somewhere. US Tax codes are being changed and have changed in currency transaction above $10,000. I'm staying as low a target as I can till I can afford to move to the US Virgin Islands and become a citizen who only pays 10% on any income to cash out the rest of my Dinar. Simple as that.

George Barton
3/18/2014 10:10:47 pm

Thanks Steve for the advise. The way it sounds I have too many 25K notes, how could I exchange them for 5K notes or should I? I am like you, until I can afford to move to the US Virgin Islands or the Cayman Islands and cash out I stand ready and waiting!


Stephen O Neill
7/4/2016 09:29:52 am

So you have a friend that has a seat on the NYSE and he recommended buying Iraqi Dinar hearing it from an expert that deals with currency on the floor of the NYSE? (wow) true?, so I have not been scammed after all?. And your point about the 25k notes are they cost more to produce then they are worth , so they have plans for them and them plans are not to LOP?, well why are the Iraqi's all the time talking about the project to delete the zeros all of the time? in your opinion are they just trying to scare potential speculators? , I would value your opinion greatly if you could address my questions Steve. Thank you

Reply
Stephen
11/25/2013 02:36:52 am

I feel very thickheaded about now, but honestly hope someone will be kind enough to answer my question. I thought I read and/or heard that if Iraq changed the new currency (which Dr Bakri says will happen) one would have to one be in Iraq to exchange the current dinar, and two non Iraqi citizens will NOT be able to exchange them. Is that correct?

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Bill
3/23/2014 11:24:55 pm

Tks Blanche, love to hear from you. I think Kap is right on his thoughts. Just would like this to bear fruit.Be blessed. Bill

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Juan
6/21/2014 03:14:39 am

Okay, what about the million people that open an account in the Warka Bank of Iraq, when this 3 zeros myth changes and lets said I have $7,000,000 Iraqui Dinar, How much it will be then after the change in dollars? please answer this.

Juan Lugo

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Mohd firuz bin ali
8/16/2014 01:14:28 am

It's an old and so new news! With the new gov hopefully it will lifited 3 zeros for the Iraqi people own good!! GO RV!!

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mark cook
9/24/2014 05:32:55 am

HERE IS MY CONCERN, if Iraq decides to DROP 3 zero's.
BARREL OF OIL Must Go UP? How can Iraq afford to Increase Oil, where countries needing Oil would buy elsewhere.
Example- Barrel of Oil $ 100 today, after dropping 3 zero's would that not be X 100 times per barrel, or X 1000 it would be UNAFFORDABLE. Iraq would not get the Income to substain their country. Welcome your comment.

Reply
R A Christopher
1/27/2015 11:46:39 pm

To Steve H: Care to share tour broker contact info?

Your writing is interesting, and a thoughtful analysis I think..

Respectfully,

R. A. Christopher

Reply
Dinar Revaluation News link
5/12/2015 03:32:45 pm

Watch this video
https://www.youtube.com/watch?v=s1CpQlFWngA
<a href="https://www.youtube.com/watch?v=s1CpQlFWngA/">Dinar RV News</a></p>

Reply
Ron Began link
7/23/2016 03:40:33 pm

Well I have invested in the Iraq Dinar in 2013 and am new and trying to learn about all the terminology.My response to Paperoni's presentation is this, He said the good Dr. Bakri(sp?) stated there are two change a currency: 1. Eliminate the zeros from the existing currency, or 2. transition to a new currency without the zeros. Well, it looks to me like they printed a new currency without eliminating the zeros to prevent it from being counterfeited!!! However, the reason I bought was that previously one Dinar was worth around 3.35 USD which to me seemed that with the natural resources, etc. it should at some point come back. I think that Iraq has more to support a $3 USD rate than Kuwait does with their currency. Now, where I'm confused is how they move to .00086 in USD to a higher rate. Now, something that hasn't been mentioned, all oil transactions are paid for in the Worlds Reserve Currency which is the USD not Dinar. So this means to me that Iraq is getting paid say at $50 a barrel which equates to 58,140 Dinar. So, does this get converted to Dinar somewhere along the way?? HELP, I'M CONFUSED??
Ron Began

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George Dwayne Sewell
3/24/2017 10:13:12 pm

From what I have read and seen in this group you all have a lot of learning to do. You are so far from the truth that it really hurts.
I have been in this sense 2003 and I was there and I have seen and read and I also have a Iraqi dinar account in Iraq for the past 14 years i have followed this ride and I can say this I will be on the winning side of this ride. Now I have said all I will say about this and I wish you all luck with what ever you decide to do. Me I am very heavily invested and I am cause I know the truth of this. So research before you decide. Good luck to you all.

Reply
Norm Gibson link
7/30/2017 04:58:48 pm

I have been in this for 8 years now read each day and wonder when
it will ever happen God I wish this was over!!!!!!!!
Norm Gibson

Reply
Duane
10/14/2017 09:29:15 am

All good things take time / but it must be going to be a great thing for as long as this has taken....

Reply
Joel Chard
4/23/2019 08:58:11 am

So when is a safe time to exchange my dinars

Reply



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