Friday, November 25, 2016


11-25-2016   Intel Guru Frank26  BTW...THREE ZERO TALK is a Momentum...A Cause in Iraq.  Why SO MANY THREE ZERO ARTICLES TALKING about LIFTING THE THREE ZEROS in 2016  Because in 2017... LD's are coming.

11-25-2016   Intel/Newshound Guru tman23
   Iraq is plagued by socioeconomic development and proof is provided everyday...with news articles... The country offered bonds in US dollars and Euro, this was an attempt provide confidence to countries that a currency depreciation in IQD would not impact negatively on the yields of the bonds they purchased...on the other hand, local emerging market bonds were purchased by Iraq citizens in local currency (dinar)... The bonds along with the past year release of the 50k note and the latest 500 dinar note creates quite the conundrum...And with all this wealth of information gathered daily over the years on the Iraq dinar speculation...The 'Iraqi Dinar conundrum" remains the same as it did 10 years ago... How will Iraq treat the 3 zero notes upon exchange? Answer coming very soon...

11-25-2016   Newshound Guru rcookie
    [Iraq has gone from an average inflation rate of 12.9% down to 0.20% over the last 11 years.]  YEP... AND DEBUNKS ANY ASSERTIONS...STATING IRAN & IRAQ WALKING DOWN AISLE OF ECONOMIC MATRIMONY TOGETHER...IRAN INFLATION ALMOST 8%.

11-25-2016   Intel/Newshound Guru Mnt Goat  
 My contact would not give me a firm date but said that without Dr Shabibi having full access to the mechanisms to launch the process of the initial rate increase, the CBI could not make the needed process work. The FACT is we now know for sure that Dr Shabibi is not at the helm in the CBI...But there is one exception timeframe built into the process.  This timeframe is the first week in January. In other words, with the correct security credentials, a knowledge of the process and with minimal training someone, besides Dr Shabibi, can actually manipulate the systems needed to move the currency forward. To me this tells us that we can expect them to do something significant sometime within the very first week of January 2017. Of course this is still just my guess. But a very good guess based on other factual data...  [post 2 of 2]
11-25-2016   Intel/Newshound Guru Mnt Goat   ...from the fall of 2015 (when they told us they were officially postponing the project to delete the zeros until early 2017) that there were only 2 articles telling us to wait until early 2017...information once again reminding us that it was coming, but not yet. Then in November 2016 alone an explosion of articles as we have seen nine (9) articles so far in this month alone out of over a year of waiting. Something is going on here. So I recently jumped on the phone and talked to my CBI contact. What was I told?  I was told that YES they are now going forward with the project to delete the zeros. So this also confirms what I heard about Iraqi TV and news media stations broadcasting this news last week.   [post 1 of 2....stay tuned]

11-25-2016   Newshound Guru Adam Montana    [...which will come first ; . the introduction of the lower denoms or a new rate for the dinar?]  I think they come at the same time, OR the lower denoms come slightly sooner.

No comments:

Post a Comment

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