,
DINARESGURUS.BLOGSPOT.COM_________________

Friday, November 2, 2012

DISCUSSION OF KAPERONI, 2 NOV


Kaperoni: I wanted to do a chat on a few recent IMF articles.  I call this….”the obligations.”

Kaperoni: Article…

Kaperoni: IMF reiterates its call to Iraq to lift subsidies on oil derivatives, energy and ration card - Monday, October 29 2012 09:15

Kaperoni: Quote…
Kaperoni: "Iraq still needs the support of the International Monetary Fund in many aspects, including upgrading the fragile economic reality experienced by the country."

Kaperoni: This is a great basic confirmation that Iraq needs the IMF.  Don’t turn your back on us and think you can do this on your own, we have the expertise to help you.  Listen to us and follow through with the recommendations.    
  Kaperoni: Next quote…
Kaperoni: “The International Monetary Fund (IMF) had announced the extension of the period the financial assistance program to Iraq for an additional seven months, which offers a total assistance of $ 3.6 billion.”

Kaperoni: Nothing new here.  We all should know the IMF met with Iraq this summer and gave them an 7 month extension.  That is till the end of Feb 2013.  The key here is conditions.  These extentions never come without conditions (obligations).   This next quote let’s us in on one of those conditions…

Kaperoni: “The IMF had demanded, earlier, the Iraqi government to lift subsidies on oil products and energy, as well as the removal of subsidies on the ration card as a condition for providing loans to Iraq.”

Kaperoni: This is a great bit of information.  We have talked about this already this week..in regard of the “lifting of subsidies.”  This move required by the IMF would be a substantial move by the GOI.   Removing the subsidies on oil products (gas, fuel oil, heating oil, etc) and energy, ration card (flower, oats, etc.) would have immediate impact on the people of Iraq.

Were talking about necessity items.  With a high level of poverty, the effects would be direct.  Higher inflation increased poverty, possible outbreaks of violence due to these higher prices.   So why would the IMF request this?

Kaperoni: Next quote…

Kaperoni: "the International Monetary Fund to support Iraq during the past period, as part of an agreement includes contrast raise support for the Iraqi citizens."

Kaperoni: Here we see the IMF again states that there agreement with Iraq.  That we helped you during the last period and a condition of that was you would help the Iraqi people.  One way to do that is to give them value to the currency, which would take them acceptance of Article 8 of the IMF would make the dinar internationally convertible.

Doing so changes the economic activity in the country.  Encourages investment in other areas than oil such as agriculture, and manufacturing.  Opens the door to accession in the WTO.  The IMF wants Iraq to stand up and become self-sufficient.  More importantly, they are telling them now is the time.

Kaperoni: Next article…

Kaperoni: Iraq donor country after 2014 - November 1, 2012

Kaperoni: Quote…
Kaperoni: “the year 2014 declared that Iraq will turn into a donor country.”

Kaperoni: I love this quote.  We often look for “keys” or deadlines.  This one is a gem.  It’s telling us the IMF is done “giving” to Iraq in 2014.  In fact, they go a step further, and say Iraq will become a “donor” meaning they will be helping others by then.  A complete reversal and in order for that to be achieved they need to stand up and interact with the world.

Kaperoni: Quote…
Kaperoni: “Iraq, according to the available data now will be one of the most important donor countries in the world in the face of rising oil exports, as well as its contribution to the IMF and the growing economy.”

Kaperoni: The IMF is telling us, these people are going to be “heavy hitters” moving forward.  It’s a wealth country and they will be a major part of the IMF moving forward.  Next quote…

Kaperoni: “the process of deletion of zeros will proceed according to its specified time without being influenced by the issue of the central bank because of all the procedures for the project expired since leaving only the execution.”

Kaperoni: It does not get much clearer than that.   Clearly, we see that they are stating that the removal and financial issues with the CBI are not slowing this down.  In fact, since the CBI came out (Shabibi) at least a few times saying,.. “all preparations are complete” makes this statement that much more effective… “leaving only the execution.”

Kaperoni: This next article is more confirmation of the deadline…

Kaperoni: Central Bank confirms that Iraq will turn to the international donor after 2014  - 10/31/2012

Kaperoni: Quote…
“The Central Bank of Iraq, Wednesday, that Iraq will turn to the international donor after the year 2014, as he emphasized that the World Bank will depend on grant assistance to Iraq after his conversion to the donor.”

Kaperoni: We see here that the CBI acknowledges this timeframe.  Which is necessary as it relates to the raise of the zeros (and value of the dinar).  There is a timeline, and schedule to get Iraq to economic independence.

Kaperoni: Quote…
Kaperoni: "the World Bank draw the line in 2014 that Iraq exceeded ordeal and will not be providing any help after this date."

Kaperoni: More confirmation…this time from the World Bank.  They are done in 2014.

Kaperoni: This last quote is great as it puts in clarity the purpose of CBIs reserves.  Quote…

Kaperoni: “Noteworthy that the Iraqi Central Bank announced (11 August 2012), the high reserves of hard currency to $ 67 billion, confirming that these reserves are the largest in the history of Iraq, pointing out that these reserves is one of the monetary policy to reduce inflation in Iraq.”

Kaperoni: This statement is very directly stating you have the reserves to turn the economy around, reduce inflation, etc.  You can raise the value of your currency.

Kaperoni: Will Iraq fulfill their obligations?

Kaperoni: Done.

I AM INFORMED THAT THE RATE COULD BE $3.56, 2 NOVEMBER


[Blaino] I am still getting some very interesting bits and pieces from our retired Banker guy from several months ago... before he retired, and after he ventured to Charlotte to deal with their 5 Delarue machines.... as well as 2 different foreign currency types for a Big 4 Bank that are getting warnings and pending notifications re: IQD, VND and several other currencies. So, the move back up to Level 5 seems to have been warranted. As additional intel trickles in, see it here FIRST as always!

[8:33:08 PM] [Blaino] HERE IS A NUMBER TO RATTLE ABOUT IN YOUR BRAINS...

[Blaino] rex1972 NOPE... NOT SWAG.... ACTUAL INTEL... FROM THE INTEL PLACE!!!

[Blaino] 35600     NOW... HOWS THAT FOR A NUMBER???

 [Blaino] OH.... SNAP..... FORGOT SOME OF THE PARTS

[Blaino] THERE IS T00 PM] TargetHIS IN FRONT...$

 [Blaino] AND THIS BETWEEN THE 6 AND THE ZEROS "." 
[Blaino] SOO....  $356.00 $3.56.... PER DINAR! WHICH SEEMS TO ME TO BE .... "A PERFECTLY ACCEPTABLE RATE!"
Magik I AM INFORMED THAT THE RATE COULD BE $3.56.... AND FROM ALTERNATE SOURCES THAT WE MIGHT SEE SOMETHING MONDAY OR SOON AFTER.... HOWEVER, REMEMBER THIS IS IRAQ.... STILL!

Blaino: Kevdriver MEBBY BEFORE.... DUNNO... HOWEVER! I ABSOLUTELY GUARANTEE THAT IF IT HASN'T RV'D BEFORE THE ELECTION, I'LL HAVE THAT NEWS FOR YOU ON TUESDAY WITHOUT FAIL!

[Blaino] Magik THINGS ARE DEFINITLY HAPPENING... MOST PEOPLE CARE ABOUT NOTHING BUT THE DATE AND THE RATE... BUT THINGS ARE DEFINITLY HAPPENING.... AND THE BMT (BIG MAIN THING) MAY BE ON IT'S WAY INTO VISIBILITY EVEN NOW

 [Blaino] WE FEEL LIKE THE $3.56 RATE COULD WELL REFLECT THE NEGOTIATED RATE FOR THE DIFFERENCE BETWEEN THE DESIRED RATE ($5 -$6) AND SOMETHING A LITTLE CLOSER TO THE KUWAITI DINAR, WHICH COULD BE THE RESULT OF THE RECENT SETTLEMENT WHICH LED TO THE CHAPTER 7 MATTER BEING LIFTED...

[9:39:04 PMBlaino: Magik MALIKI WENT TO MOSCOW... BOUGHT WEAPONS, ALSO BOUGHT FROM US.... OFFERED AIR COVER TO THE SYRIANS... ALL THINGS YOU CANNOT DO UNDER UN CHAPTER 7 SANCTIONS...

Announced: The decision to lift the zero in the beginning of next year... , 2 november

Announced: The decision to lift the zero in the beginning of next year... 

Daylight / Economic Section announced a short time ago near the implementation of the decision to delete the three zeros from the Iraqi currency, and that the project will be launched early next year and will continue for two to three years. He then appeared other comments announces lingered government to the implementation of this resolution and postponed to another date ..So is the project will remain a dead letter, as described by the Deputy Director of the Central Bank of the appearance of Mohammed Saleh? ....And received the decision to delete the zeros from the Iraqi currency a lot of opinions pro and con, there Economists believe that the decision will lead to the collapse of the national currency and see some last he would return to the country benefit the country It is unfortunate patient in its implementation because it is a joint venture between the government and the central bank.

As long as the government seeks to postponed due to security concerns, it can not be implemented in this year or the year after that - according to deputy director of the Central Bank - Timing is very important in this case is also implemented, they must coincide with the beginning of the fiscal year, so you will not find space for implementation inevitably through this year ..and regrets for the postponement of the project because it is economic benefit to the country as long as improve the efficiency of the currency and reduce the impact of large numbers, then dealing with cash needs into categories cash large and small, as will be dealt again categories such as (50 dinars) and (100 dinars) and (200 dinars) in addition to the categories of less than dinar (such as half a dinar) and (quarter of a dinar) and (50 fils) and (25 fils). which is confirmed by financial and economic expert at the Central Bank Majid picture that sees no difficulty in implementing the decision because it will help in process to reduce trading volume of currency in transactions large and will lead to fee pricing policy more accurate in the future as long as it will be dealing thousands and millions rather than billions, as well as its role in the detection of fraud earlier because the central bank will impose on banks to use modern techniques very to detect fraud. adds, "and the techniques that will be used in the printing of the new currency will be difficult to penetrate, but if behind that organized gangs or backed by the state because the specifications minutes and styles to be established by the central bank will be very strict. "

On the other hand warns economist Tawfiq inhibitor of the collapse of the national currency in the case of the application of the decision to delete the zeros The three of them, pointing to the need to prolong the period of the currency exchange and not withdrawn the old currency and launch new direct, but doing so together in order not to cause harm to the economy or any direct impact on the living conditions of the citizens.

Elsewhere sees inhibitor that process counterfeit currency is another reason its collapse and therefore warns that happens, especially as there are great bands and mafias currency capable of forging greater currency in Iraq. seen most citizens to decision deleting three zeros from the national currency look apprehension after accustomed pockets to carry the bank notes and large accustomed stakeholders were dealing with hundreds of millions . believes businessman Saleh weighted to delete the zeros will hurt the level of share trading in the Iraqi market for securities, because there are shares lost in case of deletion of zeros. works weighted in stock since 2005 and increased his passion for them when evolved using screens electronic, but does not hide his fear failure of dealing with them, especially since foreign bourse fall leads to block the signing of agreements with foreign investment companies, which believes that the change of currency will reduce profits. In response to these concerns, stresses, deputy director of the Central Bank, "the power of the Iraqi dinar, which became like a hard currency thanks to the policy of the central bank in control of the cash raised in the domestic market." He pointed to the existence of a large cash reserve of hard currency is kept to face the difficult circumstances that may occur in the country gives the strength of the dinar against foreign currencies. The central bank's policy is aimed - according to the benefit - to the stability of the exchange rate of the dinar against the U.S. dollar, likely equal to the price of the Iraqi dinar against the U.S. dollar during the next two years after the implementation of the project to delete three zeros from the Iraqi currency.

LINK

MIKE & POPPY POST, 2 NOVEMBER


11-2-12 Mike: Chapter 7 is what we have over Maliki to form his government. In order to stop us from looking like we are standing in the way, remember Chapter 7 gives us certain benefits to do things, to move in and take care of things. If you give Maliki Chapter 7, then you are releasing him from having to form his government to get the prize. That needs to happen. We need Chapter 7 as leverage. The Kuwait thing with Chapter 7 is just Window Dressing. Kuwait has released them from everything they needed to do. Maliki negotiated all of that. They have gone out and done what they needed to do and they did it. WE like it but you don't want to release them before they have their government formed period.

11-2-12 Poppy3: A COUPLE DAYS AGO I POSTED, SHABIBI ASKS FOR A SPECIAL CALLED MEETING OF ALL BEFORE HE GIVE HIS PROOF OF COMPLETE INNOCENCE. The statement said “it was agreed to hold a special meeting of stakeholders on Integrity headed by the President of the House of Representatives and the participation of each of the first deputy chairman of the Council and the heads of the Office of Financial Supervision and the Integrity Commission and the Parliamentary Integrity Committee to discuss other issues relating to corruption.” THIS COULD BE IT AND HAPPEN ANY TIME.

BUTIFLDRM, GYPSY VARDO & LORIC POST, 2 NOV



11-2-12 Butifldrm: Jubouri says lift the zeros is a go. Saleh says delete the zeros is a no. I say increase the rate is our fate. I mean really what's a 1/4 or a 1/5 a dinar going to be worth without in an increase in the rate.

According to deputy director of the Central Bank - "Timing is very important in this case is also implemented, they must coincide with the beginning of the fiscal year, so you will not find space for implementation inevitably through this year and regrets for the postponement of the project because it is economic benefit to the country as long as improve the efficiency of the currency and reduce the impact of large numbers."

"Then dealing with cash needs into categories cash large and small, as will be dealt again categories such as (50 dinars) and (100 dinars) and (200 dinars) in addition to the categories of less than dinar (such as half a dinar) and (quarter of a dinar) and (50 fils) and (25 fils).

Which is confirmed by financial and economic expert at the Central Bank Majid picture that sees no difficulty in implementing the decision because it will help in process to reduce trading volume of currency in transactions large."
11-2-12 Gypsy Vardo: If you didn't get a chance to hear Dinar Alert's call last night (Kaperoni), it is worthwhile to listen to. An Iraqi political expert came on and talked in some degree of detail about the CBI and Dr. Shabibi.

His key opinions were that Dr. Shabibi is not likely to come back to his old position. He also explained why Maliki is not likely to go anytime soon himself; the opposition is too fractious and lazy to replace him or check his power.

So, any thought that this event is likely to resume the path to an RV that we had previously assumed, whereby Shabbibi would allow it after the seating of a shared government, etc, would probably be flawed assumptions if the caller's opinions are correct.

Remember this guy is a bigtime consultant on Iraqi political affairs and not solely focused on dinarian-related issues. In such a scenario, we of Dinarland are likely stuck with what Maliki will allow.

Remember, Dr. Shabibi was the one who said nothing would be allowed until a shared government was seated, HCL was enacted and other prerequisites in place.

If Dr. Shabibi ain't coming back, those markers are likely meaningless too, as he wouldn't be the trigger man anymore. Some have been saying that Maliki will be soon stripped of power or even replaced.

Again, if the MPs are too dysfunctional to do anything, Maliki will stay in power. Our roadmap to an RV would need to be re-engineered for such.

11-2-12 LoriC:
The CBI had a great statement that tells us without a doubt there will be no lop. "Near the implementation of the decision to delete the three zeros from the Iraqi currency, and that the project will be launched early next year and will continue for two to three years.

The CBI's policy is aimed according to the benefit to the stability of the exchange rate of the dinar against the U.S. dollar. Likely equal to the price of the Iraqi dinar against the U.S. dollar during the next two years after the implementation of the project to delete three zeros from the Iraqi currency."

They would never need 2 years to draw in the large notes if it was a straight RD. This also says that this is a 2-step process. Not only will they remove the zeros from the nominal value, they are also going to raise the value to be equal to the USD.

The value will float up but it will still have to RV at some level to reach on par with the USD that quickly. This is a major project and will continue for years after we're cashed out and long gone.

DISCUSSION OF MED, 2 NOV


Casper says to (22:35:52):  ?

Med says to (22:36:03):  YES
Casper says to (22:36:05): the 250's and 1000's you mentioned plates etc

Med says to (22:36:17): RIGHT IT WAS ACTUALLY GENERALITIES
Casper says to (22:36:25): weren't the designs done a while back

Med says to (22:36:30): OH YES BUT WHAT IF
Casper says to (22:36:35): shouldn't the plates be ready for printing

Med says to (22:36:43): THIS COMPANY ISNT THE ONE WHO DID THEM I MEANT SHIPPING THEM AND MAKING SURE THE DESIGN DIDNT NEED ANY UPDATES FOR
Casper says to (22:37:10): well that may be true

Med says to (22:37:20): LIKE SECURITY
Casper says to (22:37:23): but couldnt they just give the plates to that company

Med says to (22:37:29): OH SURE THAT IS WHAT I SAID SHIPPING THEM AND THEN MAKING SURE THAT LETS SAY THIS COMPANY SAYS HEY THIS SECURITY FEATURE HAS A GLITCH AND THIS IS HOW IT WAS BREECHED
Casper says to (22:38:07): well i thought all the final designs...security etc, was done months ago

Med says to (22:38:15): NO THINK ABOUT IT THEY ARE INFERRING THAT THIS IS THE OLD DENOMS NOT THE NEW

Casper says to (22:39:11): then why would they replace denoms that are going to come out of circulation

Med says to (22:39:21):THAT IS MY POINT WHY IT DOES NOT MAKE SENSE BUT THIS IS WHAT THEY STATED WAS BEING DONE

Casper says to (22:39:41): right it doesnt

Med says to (22:39:48): I DO NOT BELIEVE IT CASPER I WAS TRYING TO EXPLAIN I THINK THEY THREW A FAINT

Casper says to (22:40:12): i think it is just to get them off the streets

Med says to (22:40:22): TO SEE WHO WILL GET SUCKERED IN

Casper says to (22:40:27): so they can introduce all the new lower denoms

Med says to (22:40:40): YES

Casper says to (22:41:05): but if thats the case what are giving them back when they turn in the old ones ten 25's for the old 250's etc

Med says to (22:42:43): YES

Casper says to (22:42:57): then they must have some new currency available i mentioned 25's because i thought i saw one time that was one of the new denoms i may be wrong on that

Med says to (22:43:46): I BELIEVE IT SAYS IT WILL BE

Casper says to (22:44:52): ok then...so why havent we seen them yet

Med says to (22:45:08): BECAUSE THEY ARE NOT READY

Casper says to (22:45:17): are they waiting until january

Med says to (22:45:23): THE DISCUSSION ON THE MECHANISM FOR DELIVERY AND THEN THE TENSIONS BETWEEN CBI AND THE GOI HAVE CAUSED DELAYS I BELEIVE THE REASON THE GOI

Casper says to (22:45:55): i know that

Med says to (22:46:17): I AM NOT SURE THEY ARE WAITING TILL JAN

Casper says to (22:46:18): but if i read it right, the wb wants them to move forward anyway

Med says to (22:46:26): THEY SURE DO AND THE WORLD BANK IS PART OF WHAT ORGANIZATION THE UN

Casper says to (22:47:06): right

Med says to (22:47:34): RIGHT NOW WHAT ARE WE WAITING ON ARE WE OR ARE WE STILL ON TRACK AND THEY JUST AS I SAID THREW US A FAINT TO MAKE US NERVY ]CUZ IT SHOOK ME AT FIRST I DIDNT ACT LIKE IT

Casper says to (22:48:30): well they're doing a good job of that

Med says to (22:48:35): BUT IT SURE AS HELL DID

Casper says to (22:49:37): i was watching fox with my wife this evening

Med says to (22:49:43): OK AND I AM LEADING YOU INTO THIS

Casper says to (22:49:57): and she heard them mention that al queada is moving into iraq she got upset

Med says to (22:50:22): I MEAN

Casper says to (22:50:29): worried now that this wont happen

Med says to (22:50:31): OK SOME ARE ONE THING ABOUT THE MIDDLE EAST VIOLENCE DOESNT SEEM TO GET IN THE WAY OF MAKING MONEY

Casper says to (22:51:19): i had to assure her that it will have to sooner or later right

Med says to (22:51:25): RIGHT I NEED TO GET MY FOOT UP

SpankyI says to (22:51:35): it sure seems that way

Med says to (22:51:38): OK I AM SORRY  BUT WE HAD AN INSPIRING WEEK AFTER WHAT LOOKED TO BE PRETTY GRIMM HOPES

cdjsilver51 says to (06:52:09): yes we have a little hope now

Med says to (06:52:24): A LITTLE I THINK WE ARE DOING VERY GOOD

cdjsilver51 says to (06:52:46): yes, much better than it was it sounds like there is some movement even with Maliki at the conference
mjmc23 says to (06:54:49): :-*peace everyone may god bless med and his family for all the info that he provides for us

Med says to (06:54:59): TY VM

cdjsilver51 says to (06:56:04): thanks mjmc
mjmc23 says to (06:58:43):sure would be nice for everything to come to an end so that we may have a hoe down when this investment comes to a end

Med says to (06:59:06): FOR SURE

FRANK NOTES CC, 2 NOVEMBER


For other notes and MP#3 Link to call ......... LINK
Greetings Family,
Good evening Family.........As boring as this may sound.......nobody knows the date nobody knows the rate........it is the gospel truth.

The only way I could justify this past Monday by giving you a time frame of 11/6/12 to 1/20/13 was for the GOI to take complete formation. Many thought it was a date I was giving for the RV.

You see......the next thing that would happen is that some of the AoP would immediately suffer a mild stroke while the surviving strong ones would quickly turn their attention to Shabibi and the CBI.

 If they were pleased with what they saw in Parliament and their legislation then the odds are highly favorable that the CBI would be given the nod to work with the GOI on releasing the 000's so they could apply a higher rate value to the IQD that needs to fulfill a 137 trillion budget for 2013. 
If........all is in order with the GOI then the new rate will be given to them so they can inbreed it not only into their budget but to their new infrastructure way of life. Into ….......the psyche of the Iraqi citizen.

 For four years I have been saying........they will never see the keys to their shackles until they increase the value of the IQD.........which is ch7 . Yet IMF also demands they cut back on GOI selfish expenditures. Stop wasting money!

This combination of events if applied during this time frame I present to you ….......then Shabibi's goal to raise the 000's and apply this value to next year's budget will become a reality.

The IQD cannot transcend maturity without a GOI acting ….......mature. Representation by a government of its currency.......for its people.

You hear enough of me every week which can sometimes become mundane. I can respect that.

But it causes you to miss some items that I wish to emphasize. I talked to you about the M2 figures last week. Told you that they went from 11+ to 5+ %. Talked about it.........but no one posted about it. Not even the other sites caught on to this.

Yesterday there was an article that caused DELTA and I barrels of laughter. I will do my investment CC tonight......followed by a few comments on my behalf. I asked DELTA to come in on an odd evening because he usually joins me on Mondays.

He is going to tell you what is on Iraqi TV but more importantly he is going to try to draw your attention once again to the M2 figures. I asked him to tie it in to 1% reprint of 30 trillion. LOL.......LOL........

I'm sorry just seeing that sentence causes vibrations in my humor bone. Please pay attention to DELTA tonight.......it may be a little complicated.......take it to God in prayer. IMO.......after our CC tonight you will see what we present being talked about on the net. IMO........these wonderful sites do not copy and paste us correctly nor do they have our interpretation.......they mix in their own with ours and confuse many. That's when the calls pour in to me.

.........My Christian love and Aloha.  KTFA,  Frank

Iraq donor country after 2014, 2 NOV


Iraq donor country after 2014

Iraq donor country after 2014
The central issue shake expectations the deletion of zeros
BAGHDAD - Laith Jawad
Parliamentary varied expectations regarding the deletion of zeros from the currency between the continuation of the deletion process specific Pauqatha and affected by the issue of central bank and banking tensions that may lead to delay the process beyond the year 2014 declared that Iraq will turn into a donor country. 
Has confirmed the Economic Committee of the House of Representatives that the process of deletion of zeros and the dinar will be early next year after the end of the project procedures. 

Said committee member Ibrahim panic (time) yesterday that (the process of deletion of zeros will proceed according to its specified time without being influenced by the issue of the central bank because of all the procedures for the project expired since leaving only the execution).

He pointed out that (deletion hold reformer of the dinar, which has suffered from inflation because of mistaken policy of the former regime, which added three zeros of the dinar to strengthen after a siege on the country the early nineties of the last century), explaining that (deletion will support and enhance the strength of the dinar globally and regionally), pointing out that ( process delete Similar got in many countries of the world to improve the economy and then this process will be great interest in Iraq).
And on Iraq's transition in 2014 to the international donor Male panic that (Iraq, according to the available data now will be one of the most important donor countries in the world in the face of rising oil exports, as well as its contribution to the IMF and the growing economy).
For his part, predicted a member of the Knesset Finance Committee good Auzmn that affect the issue of central bank and recent tensions banking on delayed replacement of the currency and delete the zeros to be implemented early next year.
And Auzmn said in a statement yesterday that (the Finance Committee and the central bank announced earlier in the currency exchange and the deletion of zeros early 2013 but continued tensions case the central bank without finding solutions would delay the implementation of the project until after next year).
He added that the (delay implementation of the project deletion does not affect the currency as much as affect the citizen weighty money supply and increase their numbers when trading in the domestic market), and explained Auzmn that (deletion of zeros will reduce the rates of current inflation resulting from increased money supply for the lack of supply of goods and services).
With regard to the transformation of Iraq to the international donor central bank stressed that Iraq will turn to the international donor after 2014.
The deputy governor of the Bank the appearance of Mohammed Saleh in a statement yesterday that the (World Bank request from Iraq to be a member of the International Atomic aid and become a donor her), indicating that (the government is considering topic in collaboration with the World Bank), and added the appearance that (grants offered by the bank International Iraq was left only a billion dollars, will be spent on the infrastructure of the country), and confirmed that (these grants and aid will end in the year 2014).
He appearance that (the World Bank would be for Iraq after this year Bank of knowledge provides technical advice and expertise, training courses and development), stressing that the (bank put a watershed in 2014 to be so Iraq has exceeded the ordeal and will not be providing any assistance to him after this date) .
AZQ01

SOMETHING MUST HAVE CHANGED HIS MIND AS NOW IT APPEARS IT IS BACK ON SCHEDULE FOR SOMETIME EARLY 2013 OR BEFORE, 2 NOV


ADMIN BOB:  November 1, 2012 Iraq donor country after 2014The central issue shake expectations the deletion of zeros
BAGHDAD - Laith Jawad

Parliamentary varied expectations regarding the deletion of zeros from the currency between the continuation of the deletion process specific Pauqatha and affected by the issue of central bank and banking tensions that may lead to delay the process beyond the year 2014 declared that Iraq will turn into a donor country.

Has confirmed the Economic Committee of the House of Representatives that the process of deletion of zeros and the dinar will be early next year after the end of the project procedures.

Said committee member Ibrahim panic (time) yesterday that (the process of deletion of zeros will proceed according to its specified time without being influenced by the issue of the central bank because of all the procedures for the project expired since leaving only the execution). 


Read More: LINK

KAPERONI:  Thanks Bob..I like this part... 

"the process of deletion of zeros and the dinar will be early next year after the end of the project procedures. "
KAPERONI CONTINUES: Like we always said...this event is two parts.  First raise the rate, then second, delete the zeros by issuing new currency.  This sentence implies the raise in value must be soon in order for the delete the zeros to occur "early next year.

SADIE:  I like this article too.   Except wasn't this article written by a member of Parliament.   And an article yesterday from Talibani took away Parliaments ability to do anything but pass laws.     Am I not reading this right?

TERRY:  This article is fabulous because it ties in with everything we have learned lately.  We know the contracts were signed for the trading platform.  (freefloat)  We see what Kap says above.  

The article yesterday that said Talabani basically took away the power of parliament imo is absolutely bogus.  It was only one article and appears to be a fraud to me.  Something that major would of been reported on every major news source.  So I feel safe is discounting it completely.  

So,  The info Kap has given us up til now and then this article above imo opinion supports everything that we have learned.  I am very optimistic and can't wait for the cc tonight.  I think it is going to be a good one.  I was very concerned that Shabibi getting canned was going to hold everything up.  Maybe, just maybe it will not.

Also, here is an excerpt from an article out this morning titled

"Parliament financial committee action against the central bank suspended the project delete the zeros" 

The Surrey, that the Finance Committee had decided earlier to have the currency exchange in June next year, the World Bank emphasized the replacement, put the beginning of the year, and accusations of corruption, which affected bank officials postponed it until further notice.

The Central Bank of Iraq, predicted delayed launch of the new currency early next year due to the existence of developments and talks with the government.

 The Prime Minister Nuri al-Maliki demanded earlier with the bank to wait in a currency switch and put it in the first of January 2013.

 http://www.burathanews.com/news_article_174201.html

Me speaking, the way I read this is Maliki is telling the central bank to go ahead and delete the zeros the beginning of 2013.  That ties into what the article way above says.   Maybe just maybe, Maliki is pushing to get this done.  Maybe Shabibi was the hold up.  jmho

THEG-MAN:  It seems to me that Maliki has wanted to RV and Shabs was holding it up. Maliki probably has billions of dinars and will profit big time from an RV. There could be no other reason IMO for Shabs being removed.

KAPERONI:  G, no just the opposite.  We have docs that show that Shabibi tried at least 2 times to impliment this, then finally just doing what he wanted without including the GOI. 

  Maliki and his sidekick Anbuge are on the record that it was not an appropriate time to change out the currency.  In fact, Anbuge said he didnt want it for another 10 years...lol.  The good news for us is the CBI continued preparations.
   
Apparently, something or someone must have changed his mind as now it appears it is back on schedule for sometime early 2013 or before.