News, Intel, Rumors and
Opinions - October 22, 2014
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles http://www.dinarchronicles.com/intel --- Poppy3: ...BACK WHEN THE PARIS AGREEMENT WAS MADE MANY OF ALL THE COUNTRIES, USA, CHINA, VN, FRANCE AND MANY MANY MORE ALL AGREED AND FORGAVE LARGE % OF WHAT THEY WHERE OWED. THEY THEN AFTER FORGIVING LARGE AMOUNTS, SOME REPORTED AS MUCH AS 60% OF DEBT, THEY TOOK DINAR FOR THE BALANCE WITH THE UNDERSTANDING THAT THEY WOULD CASH IN POST A RATE CHANGE...THEY WERE NOT PLANNING OR EXPECTING A ONE TO ONE RATE...THEY KNEW THE PREVIOUS VALUE OR MORE. THIS IS ANOTHER AND PERHAPS THE BEST ARGUMENT THAT THE RATE WILL BE VERY GOOD FOR ALL OF US. THERE WILL BE THREE RATES ACCORDING TO TALKS WITH REGIONAL BANK PRESIDENT OVER A YEAR AGO AND HE WAS IN CHARGE OF 15 MAJOR BRANCHES OF THE BANKS. HE SAYS THERE WILL BE A CBI RATE, THEN THERE WILL BE A US BANK RATE AND SAME FOR ALL AND ONLY SLIGHTLY 1 TO 2 % MORE THAN CBI, THEN THERE WILL BE A UST RATE AND THAT WILL ONLY BE AVAILABLE TO THE BANKS. IT WILL BE FROM 1 TO 8% MORE THAN THE BANK RATE YOU AND I WILL RECEIVE. THIS IS WHERE THE BANKS WILL MAKE MILLIONS AGAIN PROVIDING RECOVERY FOR MANY OF THEM. »»»»»»»»»»»»»»»»» The new RATE is very possible this week! Several events that can trigger their actions to raise the rate for sure...NEW YEAR, ISX GOING ONLINE, ANNOUNCEMENTS, ISIS UNDER CONTROL. GUYS WE ARE IN A GREAT PLACE RIGHT NOW. »»»»»»»»»»»»»»»»» ...NOT ONE OFFICIAL THAT HAS ANYTHING TO DO WITH A RATE HAS EVER MENTIONED A 1 TO 1 RATE SO I WILL NOT CONSIDER IT TILL I SEE IT. EVERY CBI OFFICIAL HAS ALWAYS STATED THEY WANT A FIXED RATE FOR 24 TO 36 MONTHS SO I HAVE NEVER CHANGED MY OUTLOOK. »»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»» Kaperoni: Article: "A parliamentary committee: Working delete zeros from the Iraqi currency begins next year to reduce inflation" Quote: "that the deletion of zeros from the Iraqi currency will be working by next year," This sentence implies that this is a process rather than an event... Here is the IMF statement on Iraq... "In the medium term, staff encouraged the authorities to consider creating the conditions which would make possible a move to a more flexible exchange rate policy. Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate, triggered by strong oil revenues and the Balassa-Samuelson effect, to accommodate a possible real exchange rate appreciation while keeping domestic inflation low.” »»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»» Adam Montana: Article Quote: "Office of the Prime Minister, Dr. Mahdi Keywords in an interview for " morning "about the government's determination to resolve the federal budget for the current year 2014 next week" The Budget is slated for next week... Lots of noise about this right now, and for good reason - after such a phenomenal start to Abadi's reign as PM, the budget has once again proven to be a tough one. However, I don't see this Budget being the same as previous ones. YES, it's taking longer than we wanted to get published, but there is a good chance that it's being delayed in order to coordinate with the HCL. If that's what is happening, we're all going to be VERY happy it was delayed a bit! »»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»» Millionday: ...CBI HAS BEEN CALLED TO PARLIAMENT AND PARLIAMENT HAS IN THE VERY RECENT PAST STATED THEY WANT CBI TO MOVE FORWARD NOW FOR IRAQ. THE ISLAMIC BANKS WHICH IRAQ BANKS ARE RUNNING UNDER ISLAMIC BANKING -- HAVE STATED THAT THEY ARE READY TO OPEN TO THE GLOBE IRAQ AND ITS BANKING WORLD. THAT WOULD OF COURSE INCLUDE THE REALITY OF THE IRAQI DINAR IN ORDER TO DO BANKING. IRAQ HAS STATED MORE THAN ONCE THAT THEY ARE EXPECTED TO CREATE A GLOBAL IMPACT...I BELIEVE THAT A REALITY RATE WILL BE SET AND WILL BE HELD AT A LOW 2% FLOAT AND WILL LATER BE ALLOWED TO GROW WITH THEIR MARKET -- THIS IS MY OPINION SO WE DONT KNOW UNTIL IT IS SET. THEY WILL NOT LET US KNOW AHEAD OF TIME -- THAT WAS STATED BY SHABIBI -- IN FACT HE STATED THAT IT WILL JUST APPEAR. [So our first indication will be in Gazette before cbi?] OUR FIRST THING WILL BE THE HUGE ANNOUNCEMENT AND THE CHANGE IN ISX FOREX AND CBI AND EVERYTHING ALL AT ONCE -- NO ONE PLACE TO LOOK -- IT WILL BE ALL DONE AT ONCE. I HAVE NO IDEA WHAT THE RATE WILL BE BUT I DO KNOW THEY ARE AN OIL PRODUCING COUNTRY AND HISTORY SHOWS THAT THEY HAVE HAD A HIGHER VALUE THAN THE US IN FACT ALWAYS UNTIL SANCTIONS -- MANY PEOPLE HAVE A LOT TO SAY ABOUT THE RATE BUT THE THING IS -- NO ONE WILL KNOW UNTIL IT IS SET. |
Thursday, October 23, 2014
RV & GCR: News, Intel, Rumors and Opinions - October 22, 2014
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