DINARESGURUS.BLOGSPOT.COM_________

Saturday, November 7, 2015

DINAR GURUS UPDATE, 7 NOV

11-7-2015  Newshound Guru Breitling  Have not seen articles like this is a very very long time…”the central bank is the only body that pumps dollars for the domestic market which creates confusion…” this is a very very bold statement.  The reason it creates confusion is cause the people in Iraq have not figured it out…they don’t know why the value of their currency is rising and it’s because of the US dollar.  Why are they throwing US dollars into their economy when they have their own currency?  Well you and I know.  this makes me very very happy.  It’s coming to an end. [Post 1 of 2 stay tuned for the rest of the story]

11-7-2015   Newshound Guru Millionday
   Seminar Title:  "Friday, November 6, 2015  Iraq Exchange Rate: Seminar on the central bank auction and determine the foreign exchange rate"  THIS IS ALREADY DONE. THIS CONFERENCE IS TO SET THE INTERNATIONAL RATES -- WHEN OR HOW MUCH I DONT KNOW...THE ACTIVATION OF THE IRAQI REFORM IS EXPECTED TO PUT IRAQ BACK IN THE RANKS OF ECONOMICALLY POWERFUL COUNTRIES.  [in your opinion do they only have one thing left to do?]   IMO -- THIS COULD HAPPEN AT ANYTIME.   [post 3 of 3]
 
11-7-2015   Newshound Guru Millionday   THE INTERNATIONAL RESERVES IN THE REMITTANCE SYSTEM IS APPLIED TO THE CALCULATION OF THE NEW RATES FOR INTERNATIONAL CURRENCY -- IN OTHER WORDS IT IS INCLUDED...THE RESERVES WILL BACK THE PRICE...THEY HAVE ENOUGH IN RESERVES TO ALLOW THEM TO GET ON THEIR FEET AND BACK THE SET EXCHANGE RATE.  THE CHANGE AS WE WERE TOLD IN THE SPEECH BY ABADI THAT THE REMOVAL OF THE THREE ZERO CURRENCY WAS GOING TO HAPPEN WHEN THE PRICES WERE APPLIED.  [post 2 of 3....stay tuned]

11-7-2015   Newshound Guru Millionday   Article quote:  "Seminar on the central bank auction and determine the foreign exchange rate... ...WHAT ARE WE WAITING ON?  THE INTERNATIONAL RATES TO CHANGE...RIGHT?   Quote:  "the relationship between fiscal and monetary policy, including an interactive relationship necessitated by the nature of the revenue and expenditure of the pricing of the dollar."  THIS IS THE RELATIONSHIP OF THE FISCAL AND MONETARY POLICY -- AND THIS IS REQUIRED IN THIS BUDGET --- THE PRICING OF THE US DOLLAR.  THE US DOLLAR WILL BE USED TO REMOVE THE HIGH DENOMINATION OF THE DINAR.  CENTRAL BANK OF IRAQ IS ACTIVATING THE PROGRAM STEPS TO CHANGE THE DINAR TO THE LOWER DENOMINATION...   [post 1 of 3....stay tuned]

11-7-2015   Newshound Guru wmawhite   ...when you return from Europe with Euros, or when you return from London with the Great British Pound, or when you return from Japan with the Yen, and you go into a bank that accepts foreign currency, does that bank pull out a De La Rue machine to check your Euro, GBP or Yen?  No they don't and they will not when you exchange the IQD either. [When the IQD gets value all banks with foriegn currency will exchange it. Right?]  Not necessarily so...and here is why...go to St. Maarten and those banks accept the USD, Canadian Dollar the Euro and GBP...and why? Because there is a market (tourists).  They don't exchange the Yen because no visitors from Japan...no market.  ...banks choose what currency they want to exchange just like any other product.  [We just might have to travel some distance.]  I agree totally with you about that...may have to travel.

No comments:

Post a Comment

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