Tuesday, November 10, 2015


11-10-2015   Newshound Guru Kaperoni   (Press release) "Iraqi Central Bank Governor responded to the remarks relating to monetary policy"  This is really interesting IMO.  First his response to the recent articles (floating, etc) is rather quick.  So I think some of this is to curb speculation.  He also mentions though at the end "The bank will soon launch its strategy for the years 2016 - 2020 which is interesting as it is falls in line with the timeframe they have mentioned several times to delete the zeros.  Let's hope that early 2016 is the beginning.

11-10-2015   Intel Guru Frank26
    All reforms are going to break loose in Iraq...but we don’t know when they will be implemented. I believe the AMENDMENTS to the LAWS...have been done!  If they amended the laws...that is done for a new international rate – otherwise, what was the purpose of changing the 1166 rate? There is a NEED...there is a change coming!  The lower denoms are in position (IMO).  The movement of the LD’s are 3 weeks ahead of schedule. The new 50’s and 100’s are the brother and sisters of the lower denoms in Iraq. This will allow the new rate to come forth – because mathematically IT WILL NOT WORK without them.  To see the lower denoms travel (and ordered by the IMF to be released by December 31, 2015) and the holy men of Iraq are screaming for the laws to be implemented...this is amazing!  We have the banks...the permission (IMF)...and laws (international status)...and Iraq is ready to explode in value.  [post 2 of 2]

11-10-2015   Intel Guru Frank26   [via FrostyTheSnowman]   The former Secretary of State of the US told a reporter on CNBC that the military was guarding Iraq’s currency.  We believe that this currency has now moved. We have verified this, and the lower denoms have left the USA...  IMO – the bird landed at its final destination. IMO the lower denoms are in Iraq now...only because it’s 100% secure.  Dr. S [Shabibi] has these documents under his arms (100’s of them) against Maliki.  Dr. Shabibi is getting ready to get rid of the so the so-called governor of the CBI (Allac).  Apparently the 100’s of documents will also implicate Allac along with Maliki. He was a part of the scheme that was played out on a global scale.   [post 1 of 2....stay tuned]

11-10-2015   Newshound Guru Kaperoni   Article quote:  "...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.”  the IMF has wanted this for sometime...

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.