Kaperoni debunks Delta 200 billion for rv

[katie45]

From Kaperoni

On another site there is a guy named Delta who has told everyone that the CBI has transfered in the last few days 200 billion USD to support/back the RV. In essence, to add it to there already 62 billion in reserves to total 262 billion in CBI reserves. I wanted to de-bunk this statement.

The article is not describing 200 billion USD deposited in a bank account and being part of the CBI total reserves, but it is explaining that the CBI has sold 200 billion dollars over the years through the CBI Auctions to support the fixed dinar exchange rate (more commonly known as the artificial program rate)..in other words, they sell dollars to keep the dinar fixed at 1170 (now 1166). This is not money that the CBI has, but what they sold. If you add up the daily CBI currency auctions over the last 7-8 years, you will see it totals about 200 billion USD. More recently, the dollars sold have left Iraq and been smuggled to Syria and Iran totaling over 4 billion alone if not more. Unfortunately for us, the CBI does not have 200 billion extra dollars. lol. All in all, this is not a big deal as it pertains to the plan, i just don't like false or misleading information. Here is the article....

Mohammed Fadhil: Convert $ 200 billion out of Iraq through the Central Bank auction

04/15/2012 13:40

Detect an adviser to Prime Minister for Legal Affairs Mohammad Fadel on the transfer of more than $ 200 billion out of Iraq by the Central Bank auction to support the fixed exchange rate of the dinar. Saw the Iraqi dinar exchange rate declined significantly over the past few days against the U.S. dollar to reach in local markets to 126.5 thousand dinars for the paper category percent dollars. Fadel said that he "does not have in the world today a central bank continues to hold auctions and pumping the dollar to support the fixed exchange rate of the dinar," noting that "the fact that this new experience has emerged in which mistakes and thus benefited the people who are not traders." And went on to say "we are buying the dinar and give the dollar and converted these amounts to the auction abroad through remittances. "

http://translate.google.com/translate?hl=en&sl=ar&u=http://www.nmc.gov.iq/ArticleShow.aspx%3FID%3D4100&ei=N_6KT8qMPM7imAXrh6nTCQ&sa=X&oi=translate&ct=result&resnum=5&ved=0CEMQ7gEwBDge&prev=/search%3Fq%3D%25D8%25A7%25D9%2584%25D8%25B9%25D8%25B1%25D8%25A7%25D9%2582%2B%25D8%25A3%25D8%25B5%25D9%2581%25D8%25A7%25D8%25B1%2B%25D8%25A7%25D9%2584%25D8%25AF%25D9%258A%25D9%2586%25D8%25A7%25D8%25B1%2B2012/04/15%26start%3D30%26hl%3Den%26sa%3DN%26rls%3Dcom.microsoft:en-us:IE-Address%26rlz%3D1I7RNSN_en%26biw%3D1280%26bih%3D630%26prmd%3Dimvns

Edited April 17, 2012 by katie45

[DinarThug]

Thx For The Post Katie !

It Looks Like U Can Take A Break From Waiting At That ATM On The RV For A While !

[Wayfarer]

Yes, thanks. Where have you been all "our" Dinar lives?

Your confident and quite decisive analysis can support that of other de-bunkers and information clarifiers.

Still, I have mixed emotions; I wish the original information was true.

Oh well!!!

[welcome007]

well, so much for that..

[doctor robbins]

Well thanks for clearing that up, kaperoni. But by now do we really need to be told that Delta and Frank don't know what they're talking about?

[Dinar Buddy]

GREAT NEWS THE GURUS CALLING OUT EACH OTHER WHEN THE INTEL WRONG... NOW WE ARE ALL ON THE SAME TELL.

[MoonRover]

whole lot of debunking going on these days...

[truthful1]

whole lot of debunking going on these days...

Thats because the bs spews from frank and delta......im glad people are debunking these ridiculous claims. due justice for someone who mixes investments with religion.

[welcome007]

i wonder what delta has to say about this

[Butifldrm]

A little mis communication here.

This is what Kap thought Delta Said!

On another site there is a guy named Delta who has told everyone that the CBI has transfered in the last few days 200 billion USD to support/back the RV. In essence, to add it to there already 62 billion in reserves to total 262 billion in CBI reserves. I wanted to de-bunk this statement.

Read more: http://dinarvets.com/forums/index.php?app=forums&module=post&section=post&do=reply_post&f=6&t=114314#ixzz1sLVKx8vU

This is what Delta said.

Not a big deal on TV. Media (newspapers) are making it a big deal.

The GOI asked the CBI to just hold up a little bit for some reason. The PM cabinet did have some kind of meeting; they came back and said they had to hold things up for a little bit. CBI doesn’t have to listen. These are two different things. The GOI asked not to lift 3 zeros just yet. Nothing to do with the RV; it’s not being cancelled.

GOI has to do different calculations. They have to calculate for all of the different transactions.

The GOI transferred 200 billion to support the dinar exchange rate. Not the CBI. HUGE news!

Read more:

Things being lost in translation. Iguess. Either way I respect them both. Delta was not citing from an article. He was relaying information from Iraqyia TV.