Kaperoni chat Sat night.4-30-11 Final steps with proof

[harrysmug]

Kaperoni chat Saturday night 4/30/2011- The final steps with proof! dinar symposium's #1 kaperoni

Kaperoni chat from DinarAlert Saturday 4/30/2011 8pm cst

[Kaperoni] Thanks everyone for coming to Saturday night chat

[Kaperoni] Ok, lets go….

[Kaperoni] First I want to say, I think tonight after this chat concludes you will unequivocally know your life is about to change.

[Kaperoni] I am going to start by talking about an article today that pertains to the daily currency auctions in Iraq. It is titled… “Central Bank urges the government to reform the tax and the removal of the conditional method”

[Kaperoni] Here is the link…

[Kaperoni] http://almadapaper.n...n=view&id=39751

[Kaperoni] Many of you don’t know what those are and what they are about. I will give a brief explanation of what their purpose is. They serve a two-fold purpose.

[Kaperoni] 1. Iraq does not have a tradeable currency that they can buy/sell on the open market against other currencies, so in essence they create their own market for the dinar against other currencies.

[Kaperoni] This serves them to control the exchange rate, and gives them foreign currencies as needed for transactions.

[Kaperoni] 2. Is to give them cash for purchases for outside the provisions of the “allowed” purchases in the DFI fund.

[Kaperoni] Now, these auctions will end once the RV takes place as well. They wont need them cause the DFI money will not have these provisions come June 30th and the final lifting of any remaining UN resolutions under chapter 7.

[Kaperoni] Now these auctions have been very low in recent days, which is not good for Iraq financially. Though the auctions costs them lots (selling dinar at 1170 to $1 rate) they also get the cash I mentioned..

[Kaperoni] So it is a catch 22 of sorts for them.

[Kaperoni] This recent article is interesting indeed as they talk about the low auctions, the implementation of a tax system (I assume the tariffs) and an international dinar and rate.

[Kaperoni] Here is a quote from the article I think tells the story…

[Kaperoni] He continued: "This sudden decline will certainly affect the purchasing power of Iraq to foreign currency, but will not last long because of the policy pursued by the Central Bank in the promotion

[Kaperoni] of the foreign currency market and raise about the Iraqi dinar exchange rate."

[Kaperoni] He is clearly stating… This auction problem will not be for long... that they plan to be part of the foreign currency market (forex) and raise the value of the dinar.

[Kaperoni] Here is a comment from my translator friend on this article which confirms what I just mentioned…

[Kaperoni] “These articles about the currency auctions are promising too because it is showing how there are issues right now with the auction sales due to the country's tax structure, and this demonstrates

[Kaperoni] that they need to re-do their tax code and pull things into the modern age, and that the longer they don't make these economic changes, such as the RV, the longer they will continue to suffer.

[Kaperoni] The article even says that this won't go on for much longer because CBI plans on RVing the currency.”

[Kaperoni] Now, I am going to share with you a link that nobody else has seen. This documents the activities that have been going on “behind the scenes” at several locations

[Kaperoni] to “teach” and “inform” about the dinar. These are called “symposiums”

[Kaperoni] What you are about to see is a blog in Iraq. This has become a spot to make Iraqi’s aware of the pending RV. There are pictures from one of the events, which includes audio recordings explaining the change in currency.

[Kaperoni] Please dont go there during chat...come back after and look

[Kaperoni] http://translate.goo...n%26prmd%3Divns

[Kaperoni] I think we can truly say they are informing the citizens for this event. This event is about to happen.

[Kaperoni] Here is a note from my Arabic-speaking friend who translated this blog site…

[Kaperoni] “The blog page just had some more interviews with people that attended the conference. They talked about the same stuff as before, where removing the 3 zeros would have all these

[Kaperoni] Economic benefits, such as controlling inflation, making transactions easier and giving more purchasing power to the Dinar. They did address the alternate views of those economists that feel that the time

[Kaperoni] may not be right for them to change the value of the Dinar and that they are afraid there may be negative consequences from the change, such as instability and shock to the market as well as

[Kaperoni] confusion with people trying to understand the new currency, etc, but the general consensus was that it is just about time for them to go ahead with the change in the currency, and the advisor

[Kaperoni] from the CBI that was present stated that CBI intends to change the currency very soon. No Date or Rate were given.”

[Kaperoni] And more from my friend…“Overall, although there wasn't anything that new, I feel that it is extremely encouraging that they are having big conferences to discuss the removal of the 3 zeros, etc. That means that they are serious about

[Kaperoni] doing this in the very near future and are trying to raise awareness about it and let everyone know that this is an imminent reality that is soon going to happen. So I think this is very positive and another step in the

[Kaperoni] right direction and it speaks volumes that we are just about there with the RV. This just adds to the proof that the RV will happen and will happen soon. Those that may have denied that an RV was going to happen

[Kaperoni] before can no longer do so because I believe CBI has truly revealed their intentions to the public that this is going to happen and happen soon. How soon and at what rate are the questions that remains.

[Kaperoni] But soon for Iraq may not be the same as our definition for soon. It is now the beginning of May, and before we were hoping that the RV would have happened by now. However, if we have to wait till the end of May

[Kaperoni] or the end of June (goodness forbid) well that's not too far away anymore. In December and January, June looked ages away. But Iraq has dragged their feet and taken forever, as is there custom, and so May and June are just about here. “

[Kaperoni] Now I am going to move on to an article which addresses one of these events/symposiums.

[Kaperoni] It is titled ….”Raise zeros from Iraqi dinar and its positive and negative title for a scientific symposium at the University of Babylon. Report of the voice ..”

[Kaperoni] Here is the link… again dont go now...after the show...

[Kaperoni] http://translate.goo...late.google.com

[Kaperoni] The event was recorded. On this link you will see and hear a snippet lasting two minutes, which addresses the RV. We have them on audio now, which again is a better confirmation of what is about to happen.

[Kaperoni] I have had my Arabic-speaking friend translate this recording. Here are those comments.

[Kaperoni] “In the audio, they talk about the ongoing conference at the time to discuss the removal of the 3 zeros. The interviewer talks about the importance of the issue, and then Saleh from the CBI is interviewed

[Kaperoni] and he states the same thing, that they are planning to remove the 3 zeros and that this will be productive to the Iraqi economy and there will be many benefits to the people, to the business,

[Kaperoni] and to the GOI. He says that any fears about side effects of the removal of the 3 zeros are overstated and that removing the 3 zeros won't cause any issues. Then the interviewer interviews an

[Kaperoni] economics professor/expert attending the conference and this person says that although it is a good idea to remove the 3 zeros, the removal of the 3 zeros is a highly important matter and that it needs to be carefully studied. He states that CBI

[Kaperoni] is not the one to approve the removal but Parliament and the council of ministers have to vote to approve it and that they really should and need to have a thorough discussion in Parliament about it before it

[Kaperoni] happens. (He is just suggesting that this needs to be done, but he is not saying that such a discussion is required or anything like that). Then there is a third expert that they interview and he says that removing

[Kaperoni] the 3 zeros will affect the free market and private sector investment and they need to study the matter to see the best way to remove the 3 zeros so as not to cause any economic problems.”

[Kaperoni] Now, I want to end this saying..we are very close….

[Kaperoni] Keep in mind there in no way to know where this process is…in regard to Parliament. It may have been read/approved or is still waiting in line. So I feel the RV could come today, but it does seem like it may be a few more weeks.

[Kaperoni] Let’s hope and pray that it is sooner than later.

[Kaperoni] End

[easyrider]

grrrrrreeeeeeeeeat read thanks for thepost. I actully believe we wont see anything til june so kaeperoni might be onto something but i did like when he said it will not affect the economy or the people in a negative way. I think we are at the end of this ride ladies and gentleman. Good luck on your ventures its gong down within a month i can feel it.

[zaborniake]

Concur!

[RVORNOTRV]

Thanks for the post Harrysmug. I like the way Kaperoni lays it out for you, without the dates and rates. Hard to argue with his thinking.

[Darin]

You know..... If Iraqi's thought that their currency was about to have more purchasing power, wouldn't you believe that they would be quite excited?

You think the translator would translate w/ quite excitement about how the value goes up.

Imagine if the USD were to revalue at 10 times its value.

Imagine the purchasing power we would have with our current holdings.

Our purchasing power would increase, however, in due time our incomes would stabilize.

Hard to imagine we would continue making roughly 10 times our pay.... I'm sure adjustments would be in order.

So like if you were making $10/hr, over time, you may need to be paid $1/hr considering the value of $.

[tim5400]

less than 60 days.....we can do that easy....go rv

[Barboza]

Great article. Thanks for posting it!

[ckh]

You know..... If Iraqi's thought that their currency was about to have more purchasing power, wouldn't you believe that they would be quite excited?

You think the translator would translate w/ quite excitement about how the value goes up.

Imagine if the USD were to revalue at 10 times its value.

Imagine the purchasing power we would have with our current holdings.

Our purchasing power would increase, however, in due time our incomes would stabilize.

Hard to imagine we would continue making roughly 10 times our pay.... I'm sure adjustments would be in order.

So like if you were making $10/hr, over time, you may need to be paid $1/hr considering the value of $.

Wouldn't that kind of defeat the purpose of increasing the purchasing power?

Of course we (the average American) are in a vastly different state (economically speaking) that the average Iraqi so we're not really comparing apples to apples here...

[detroitjazzman]

thanks for the post...

[rsskelton]

Thanks. June. Party at my house. Ya'll come. My neighbors will be impressed with all those fancy new cars up and down the street. Please don't scratch my Jag.

[RobbinL]

Thanks for the post, rsskelton I will be there with blls on!!

[desert surfer]

When they were referring to removing the 3 zeros, what removal were they referring to?

Sorry I just got off a red eye yesterday.

Blessings,

[Texhad]

Thanks for the very informative post.

Go RV!

Blessings,

Texhad

Edited May 1, 2011 by Texhad

[Stramick]

Thank you for sharing this post its interesting.

Stramick

[tjmunson]

Very good post. Would give it more credibility if the links worked but I like where he's coming from and he tied it all together nicely.

Thanks Harry

Peace

[behaviorkat]

could anyone else get the links to work?

[Cosmicndn]

Thanks. June. Party at my house. Ya'll come. My neighbors will be impressed with all those fancy new cars up and down the street. Please don't scratch my Jag.

Awesome! time and place, will have my pilot fly my wife and I out ...lol

[JuryPicker]

You know..... If Iraqi's thought that their currency was about to have more purchasing power, wouldn't you believe that they would be quite excited?

You think the translator would translate w/ quite excitement about how the value goes up.

Imagine if the USD were to revalue at 10 times its value.

Imagine the purchasing power we would have with our current holdings.

Our purchasing power would increase, however, in due time our incomes would stabilize.

Hard to imagine we would continue making roughly 10 times our pay.... I'm sure adjustments would be in order.

So like if you were making $10/hr, over time, you may need to be paid $1/hr considering the value of $.

If our currency went up 10 times you wouldn't have 10 more dollars. You would still have 1 dollar. Our currency is worth more than Mexicos currency but, it doesn't matter unless you're in Mexico. The mighty dollar will go further in Mexico but here, it's still worth a dollar. There will be greater purchasing power for the Gov and suppliers in Iraq. The average run of the mill Iraqi will see very little in the way of improved living conditions. The country will prosper through growth. The people will prosper because of the growth of the nation as a whole, not because their currency rate is more inline with the US and other countries. I've stated before, the Politicians and the Investors will mop up while the average Iraqi citizens will still be mopping. That's just the way it is. IMO

[wingsofhope]

So I guess without a working link we are just to accept what they are selling.......I guess I will play along then,.... Great story

[pleasantvalleySunday]

the links will not work because they are "second generation". .......probably could backtrack to the originals if you were of mind to do so ;)

ok I am editing this to try to give the original links, in the order they are spoken of:

#1 http://almadapaper.net/news.php?action=view&id=39751

#2 http://translate.google.com/translate?hl=en&sl=ar&u=http://khaleda-88.blogspot.com/2011/04/blog-post_13.html&ei=Yty6Te_YEIStgQep6a3TBg&sa=X&oi=translate&ct=result&resnum=1&ved=0CBwQ7gEwAA&prev=/search%3Fq%3D%25D8%25A7%25D9%2584%25D8%25A3%25D8%25B5%25D9%2581%25D8%25A7%25D8%25B1%2B%25D8%25A7%25D9%2584%25D8%25B9%25D8%25B1%25D8%25A7%25D9%2582%2B%25D8%25A7%25D9%2584%25D8%25AF%25D9%258A%25D9%2586%25D8%25A7%25D8%25B1%26hl%3Den%26rls%3Dcom.microsoft:en-us:IE-SearchBox%26rlz%3D1I7GFRC_en%26prmd%3Divns

#3 http://translate.google.com/translate?hl=en&sl=ar&u=http://www.imamhussain-fm.com/news.php%3Fact%3Dsh_news%26id%3D4462&prev=/search%3Fq%3D%25D8%25A7%25D9%2584%25D8%25A3%25D8%25B5%25D9%2581%25D8%25A7%25D8%25B1%2B%25D8%25A7%25D9%2584%25D8%25B9%25D8%25B1%25D8%25A7%25D9%2582%2B%25D8%25A7%25D9%2584%25D8%25AF%25D9%258A%25D9%2586%25D8%25A7%25D8%25B1%26start%3D20%26hl%3Den%26sa%3DN%26rls%3Dcom.microsoft:en-us:IE-SearchBox%26rlz%3D1I7GFRC_en%26prmd%3Divns&rurl=translate.google.com

Hope these work for you!!!

pvS

Edited May 1, 2011 by pleasantvalleySunday
because I can hehe!

[behaviorkat]

I was just looking for clarification.........

[lancer22]

thanks PVS.

[SR71_Blackbird]

I've been in this for 2 years...been following very closely for the past six months...best, most sensible 'read' TO DATE...THANKS!!

[R2d2dc]

Thanks for the post and thanks to PVS for the updated links, as usual you rock

[jjjerry]

Thanks. June. Party at my house. Ya'll come. My neighbors will be impressed with all those fancy new cars up and down the street. Please don't scratch my Jag.

You better not put ur add on the forum or u will have more than u bargin for. But would be happy to meet you and have a few toddies as well.