Tlar: My Belief Of A $3+ RV Has Not Changed - You Can Feel It In All The Articles !

[DinarThug]

CNN. Broadcasting That Tlar's Prediction Of $3 Plus Is A 'No Brainer' ! 

 

So Please Check Ur Brain At The Door Before Entering This Thread !

 

 

 

G-Lin    Sat, 24 January 2 / January 2015 00:47 [WOULD HAVE LOVED TO HAVE BEEN A FLY ON THE WALL]  :roll:

Abadi, Head Of The World Bank And Discuss The Government's Efforts To Restructure And Reform The Iraqi Economy

Search Prime Minister Haider al-Abadi at his residence in the Swiss city of Davos, with Jim Yong Kim, President of the World Bank on the sidelines of the World Economic Forum, the government's efforts to re-Iraqi economic restructuring.

A statement by the Prime Minister's Office received by all of Iraq [where] a copy of which was "The meeting discussed the challenges faced by Iraq by the decline in global oil prices and increased military spending as a result of the war against terror Daash gangs." 

The statement added, "also touched on tireless efforts to restructure Iraq's economy and government efforts to turn these challenges into opportunities for direct real and effective program of reform in the field of economy and governance."

 

And through the World Bank president, according to the statement, "the bank's full support for the vision put forward by Prime Minister Haider al-Abadi at the World Economic Forum in Davos and praise the steps initiated by Iraq in the field of administrative reform" .

https://translate.google.com/translate?sl=auto&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fwww.alliraqnews.com%2F&edit-text=&act=url

mally   Wow love that one

Rockstar   Hopefully his vision is a $3+ RV also!

Brule      Thanks, G-Lin.  I'll follow Rockstar's lead on this one!

Tlar    Sure looks like they are getting ready to open the doors for international business.  I love the fact that both the government and the Central Bank are on record as saying they are ready.

 I also love the article stating the bank will assist in raising employment and assist in economic growth.  Looking at all the recent articles one can help but feel we are on the cusp of seeing real changes including monetary change.

 Keeping my fingers crossed that we are close especially with the 4 yr economic plan from the planning ministry starting in 2015.  I think it is more than possible that we will see everything implemented within the  next twelve days based on what I have seen and maybe sooner. 

Speculation on my part but they seem to be accelerating this economic program to free the economy and keywords seems to be on board with everything ready to support it. 

As you all know, I don't post much anymore but things are getting pretty exciting.  Hang in. 

My belief of a $3+ RV has not changed.  It is my belief and best guestimate based on pieces from different articles is that there is less than 1 trillion dinars circulating in Iraq today. 

It would be IMO a no brainer for them to be able to justify and support this figure of $3+.    IMO we will know the real truth soon.  tlar

Brule    Thank for your input, Tlar.  It is always good to get your point of view.

DreamWeaver    Tlar, nice to see you.  Why do you say twelve days specifically?   That's Feb. 4th.  Would you share your thought train on this one?  Much appreciated.  ~ DW

KJWayne   Tlar, I sure hope that you are right. I have some other people that I relate to and they say the similar thing about Iraq. Change is coming before Feb. 15th ,IMO! Thanks!

Preacher Man  " Life is what we make it, always has, always will."

Tlar   DW, No.  Not being coy or mean.  Something that I can't share but who knows.  Nobody has been right yet in speculations or intel. 

 But logically this can't go on forever like it is and if they are going to get going, then they must get going.  This government will risk their credibility if this continues to drag on.  

Talk is cheap but it is time for some real action.  You can feel it in all the articles. 

 I do find it interesting that we have heard from all the blocks.  They have all said that they will vote yes to the budget but they keep putting the budget vote off.  

I just can't see them dispersing the budget at 1166 flooding the markets with dinar.  

That would be counter to the dollarization they have been doing since April of 2011 and are continuing to do even today.  Each dollar out there in circulation will cover the new smalls one to one as they go out and are exchanged for those dollars.  

So the only thing that gold, oil, BIS and the foreign reserves must cover is the dinar circulating at present which I personally believe is less than one trillion.  

Depending on how they are viewed and to what extent they are allowed to employ fractional banking, will be a major determination factor of the value of their exchange  

One thing I have always thought is that any change in value will have to come just before the budget is printed in the Gazette.  

If that is true then it follows they can't pass the budget without first changing monetary policy.  If this is true then it might answer the question of why the budget is taking so long to fix.  

Iraq seems determined to pass this budget quickly and all parties are on board, but to make the changes and modifications should not take weeks as it has done already especially in light of the fact that they are in such a hurry.  

Word processors should be able to do this overnight.  Not take weeks.  Something else IMO is holding up the vote and I think its the rate. 

 Both readings are done leaving only the vote but they keep putting it off.  

My personal opinion is that the hold-up is the rate and we won't see a vote until we see monetary change because IMO the budget cannot be opened at 1166.  

As I say this, we all know this is Iraq so we know they CAN open it at 1166 but IMO they won't.  tlar

[Maggie123]

Thuggie Quote:

 

"CNN. Broadcasting That Tlar's Prediction Of $3 Plus Is A 'No Brainer'

 

So Please Check Ur Brain At The Door Before Entering This Thread"

 

 

         

 

 

 

And Yes,,, Everything He Knows... He Has Learned From His Brother.

 

         

[dontlop]

How hard would it be to make up a couple screen names and have a conversation with yourself

30 dollars per capita

32 million Iraqis

1 trillion dinars in circulation

Less than a billion dollars worth

Around 900 million dollars worth of dinars

Or around 30 dollars worth of dinar per capita in iraq

I'm glad they got it figured out for us

Preacher man says

So the only thing that gold, oil, BIS and the foreign reserves must cover is the dinar circulating at present which I personally believe is less than one trillion

Read more: http://dinarvets.com/forums/index.php?/topic/195233-tlar-my-belief-of-a-3-rv-has-not-changed-you-can-feel-it-in-all-the-articles/#ixzz3PkZgHuKL

I personally believe iraq has to cover any and all foriegn debts in dinar with other hard currency as long as they maintain a pegged monetary policy and don't accept terms and conditions of imf article 8

That means any dinar that has left the country needs backed up by something

So either they attach a pot of oil to it or a pot of gold to it any commodity in demand will do

Or attach dollars to it or yen or euros or pounds

So far iraq has chosen monetary policy of pegging the dinar to the dollar nothing has changed yet

Last week it was TLAR saying they only had a trillion dinar in iraq

This week it's the preacher man saying it

Out side of banks doesn't mean the dinar circulating sighing the banking system are not being used and claimed by businesses and people

It means they use cards , checks , moving around from account to account within the bank

The actual cash is the only way any dinar can move outside of the central bank system in iraq

Or outside of iraq

[dontlop]

They show around 35 trillion outside the bank on cbi web site right now

Say I bought a trillion dinar worth of stock off the ISX

And I took the dinar out of my bank to do it

Most likely I'm not caring around a billion dollars worth of cash , so I write a check for a trillion dinar from my bank , it stays in my account till its cashed and deposited into another account so the same time I'm withdrawing its being deposited in the central banking system in iraq

So outside of banks is cash

Within banking system is dinar that people own its not imaginary that doesn't get rebalued with the rest of the dinar

All together they make up the m2 money supply which is around 80 trillion dinars

So what ever you revalue the dinar to , you need to revalue all 80 trillion dinars to.

The only ones that need to be backed are the ones that leave iraq , the external debts. Otherwise they use dollars or euros to buy outside of iraq.

[Reelemfast]

LOL, Don't get excited cause your NOT going to see anything happen, NOT for along time......

 

Sorry, you just stick around and see.  Nothing will happen and you know it.....???

[dontlop]

Take the 35 trillion dinar figure the cbi says is outside of banks ( cash money circulating)

That's around 1000 dollars per capita

That doesn't mean everyone has that much money in their pockets

But some may have more others have less

Some of the polititions are worth billions of dollars so they could hold billions of dinar in safes and vaults they could easily afford to have installed in their homes and businesses

The merchants need cash on hand to make change and they collect dinar every day from customers

They may have a pile too of several million dinar

Then some people only have 20 or 30 dollars worth

A 25k and a 10 k note

Or 10 ,,,1k notes 3,,, 5k notes and a 10k note

Kids could only hold a 1k note or two

But all together the average is around 1, 000,000 per capita

Or one thousand dollars worth

Maliki is worth around 55 trillion dinar or 50 billion dollars he's probably got a pallet or two of each 25k and 10k notes

Barzani is worth around 53 trillion dinar or 48 billion dollars , I'm sure he's got a stack

They got piles inside the banks and outside the banks

There's hundreds of polititions in iraq with their own little piles

They will not rv everyones money but their own electronic dinar

The cbi collects and distributes 150 billion dinar a day thru auctions

The govts Salarys for teachers and police and military are in dinar, most likely checks but they like cash in iraq and don't like using banks

This is all undisclosed except for the amount listed at the cbi as money outside of banks 35 trillion dinar

And the m2 which includes deposits at banks as well as dinar outside of banks

Like the dinar in warka accounts , it's electronic and would need rvd too

That's all part of the m2 80 trillion dinar

[Artitech]

Total B.S.

[MyLadiesDaddy]

 A lot of peeps  gonna be real surprised.    

[countryroads]

Even, I said even, if this were true regarding the $3, the US government would not allow us to suddenly acquire such wealth.

[MyLadiesDaddy]

Ok,I'm just gonna throw this out there

 

When you consider all the financial events going on in the past few 

 

yrs, is it really so far fetched to think that Iraq would simply 

 

REINSTATE their currency to the value it was before we invaded.

 

I'm more likely to believe a one dollar rv but the world is in turmoil 

 

and after the SNB actions I think anything is possible. 

 

One thing seems clear, were gonna find out soon enough. 

[Reelemfast]

Very well put, ladyGrace. Maybe 1 or 2 cents, best would be a dollar.... Then go up...

 

I like the Good news. My guess is ALONG time from now...Sorry, but, this is Iraq???? Again,

 

I like the good news....... God Bless us All. It's been a sad ride for me, but, this is Iraq!!!!!

[AFvet]

Its gotta be true...I read it on the Internet!

[stealthwarrior]

Currency is not backed by oil anywhere in the world as far as I know.precious metal only.

[Texstorm]

Currency is not backed by oil anywhere in the world as far as I know.precious metal only.

Stealth warrior what is Saudi Arabia known for or the United Emirates or Kuwait......oil, all of their wealth was a derivative from oil. I'm praying that Iraq can follow the same path. Thanks

[Boss hog 1]

Isn't it great that we can all state our opinions and not get blown up? That's America for you. The countdown has begun!