[The CBI is ready to Revalue the Dinar]

LOL, somebody got their feelers hurt.

nope I left no feeling here to get hurt..........too bad yours did over at his site!!! LOL

[The CBI is ready to Revalue the Dinar]

Stryker Blog 2.3.2015

 

Yea THANKS VN for bring a blog not WRITTEN by you yet letting all these people here give you a pat on the back ....... if they realized it was Stryker that wrote it they would be bashing him!! YEA really GREAT JOB!! 

[Stryker - We Are Now Down To Days And Not Months !]

What Stryker is doing post RV is nothing like what AM is doing........you will not be asked to put your dinars in two envelopes, one FedEx the other UPS and send it to some "lawyer" in Belize 24 hrs ahead of you, then you fly to Belize only to find that you and your dinar are forever separated..........but don't despair, I will k33p you busy at one of my many post RV investments.............cause I'm taking my dinar to the bank myself, pay my taxes and live the life of luxury! Post RV never let you be separated from your dinar .......EVEN at the bank till it is confirmed deposited into your account........wether your a fan of this countrie's current government or not , just pay your taxes and don't run to another country trying to get out of paying them! Strykers not scamming no one like some are! 

[Connecting the Dots all the way to Article VIII]

"Soon though we will be able to exchange our dinar for any currency through banking institutions now that OFAC has or will be removing all financial sanctions."

 

 

 

Might want to read this. Acording to OFAC, all sanctions were removed in September 2010.  Once again, Stryker has no idea what he is talking about.

 

 

http://www.treasury.gov/resource-center/sanctions/Programs/Documents/iraq.pdf

 

Katie45, please reread the the "OFAC" introduction again and this time pay closer attention before you call Stryker out. 

 

this is Stryker's response to you!!!

The follow quote refers to OFAC removing the Iraqi Sanctions Regulations from 31 C.F.R. 

chapter V and ADDING the Iraq Stabilization and Insurgency Sanctions Regulations, 31 C.F.R. part 576 (“ISISR”)

First paragraph:

Quote: On September 13, 2010, the Department of the Treasury’s Office 

of Foreign Assets Control (“OFAC”) published final rules removing the Iraqi Sanctions Regulations from 31 C.F.R. 

chapter V and adding the Iraq Stabilization and Insurgency Sanctions Regulations, 31 C.F.R. part 576 (“ISISR”), ), in 

implementation of Executive Order 13303 of May 22, 2003 (“E.O. 13303”)

So as you can read, the Iraq Stabilization and Insurgency Sanctions Regulations, 31 C.F.R. part 576 (“ISISR”), ), in 

implementation of Executive Order 13303 of May 22, 2003 (“E.O. 13303”) are still in place along with these: , Executive Order 13315 of August 28, 

2003 (“E.O. 13315”), Executive Order 13350 of July 29, 2004 (“E.O. 13350”), Executive Order 13364 of November 

29, 2004 (“E.O. 13364”), and Executive Order 13438 of July 17, 2007 (“E.O. 13438”).

Second paragraph:

There currently are no broad-based sanctions in place against Iraq, but there are certain prohibitions and asset freezes 

against specific individuals and entities associated with the former Saddam Hussein regime.

MEANING PROHIBITIONS OF ASSETS FREEZES PERIOD 

EO SIGNED BY OBAMA MAY 27, 2014 AMENDING E0 13303: QUOTE: terminatingthe prohibitions contained in section 1 of Executive Order 13303 of May 22, 2003,

NOTICE FROM U.S. DEPARTMENT OF TREASURE TO OFAC: 

 

Issuance of New Iraq-Related Executive Order

U.S. Department of the Treasury sent this bulletin at 05/27/2014 05:35 PM EDT

 

Issuance of New Iraq-Related Executive Order.

The President signed an Executive Order (E.O.), “Ending Immunities Granted to the Development Fund for Iraq and Certain Other Iraqi Property and Interests in Property Pursuant to Executive Order 13303, as Amended,” terminating the prohibitions contained in Executive Order 13303 of May 22, 2003, as amended, on any attachment, judgment, decree, lien, execution, garnishment, or other judicial process with respect to the Development Fund for Iraq and Iraqi petroleum, petroleum products, and interests therein, and the accounts, assets, investments, and other property of the Central Bank of Iraq.  The E.O. does not otherwise affect the national emergency declared in Executive Order 13303, as expanded in scope by Executive Order 13315 of August 28, 2003, which remains in place and continues as the basis for certain sanctions on the former Iraqi regime, its senior officials and their family members, and designated persons who threaten stabilization efforts in Iraq.

 

Supporting Links:

 

Letter: Ending Immunities Granted to the Development Fund for Iraq and Certain Other Iraqi Property and Interests in Property Pursuant to Executive Order 13303, as Amended Issuance of New Iraq-Related Executive Order

 

Executive Order 13303

 

Stryker

 

                                         

[Connecting the Dots all the way to Article VIII]

    

Iraq Goes International July 1, 2014, will the Iraqi Dinar?

Connecting the Dots all the way to Article VIII 

This is a recap of my broadcast on Friday May 30, 2014 in where wmawhite and I uncover and put forth what we feel are the biggest discovery of facts ever to be uncovered in over a decade of the dinar being introduced to investors. By connecting these dots we have turned the dinar community right-side up! Up until now the gurus have had people so upside down they couldn’t see straight, many have lost everything because of these people calling the RV week after week, month after month, year after year but now there is a real time frame and a clear understanding of events that have taken place without rumors and unnamed sources being involved.

 

 

 

 

This break down is intended to help understand our thoughts through the written word but please watch the broadcast to get a further understanding straight from wmawhite and myself.

 

April 30, 2014 Elections were held in Iraq

 

May 2, 2014 Abdul Basset Turki, acting governor of the Central Bank of Iraq makes a public statement that includes the follow quotes:

 

QUOTE: "The central bank will proceed without hesitation to apply the project raise zeros from the local currency in case settled political and economic situation of the country."

 

QUOTE: "the implementation of such a project needs to arrange all the accounts and records of the Iraqi state before starting any move to change the status of the currency and the way that provides a smooth flow of work and maintain the price of the currency in the local market where traders of manipulation."

 

QUOTE: "talk is not only about the lifting of the zeroes where the currency change will rearrange the entire government records and change the accounts that deal with public spending,"

 

QUOTE: “the project to delete the zeros of the central bank governor said that the new measures will be there by the middle of this year, the bank raised about the new currency and the deletion of zeros”

 

Why did he come out 2 days after the elections were held, before any  results  were  given and make such a bold statement? Because there is a clear agenda and this agenda of events will became even clearer as you continue reading.

 

May 17, 2014 Obama extends EO 13303 for another year even after CBI governor Turki had already stated that they did not need any more protection of Iraqi assets. Why was it extended then? Because Obama could not write his own Executive Order to amend something he did not write in the first place (EO 13303), written by George W. Bush May 22, 2003 and terminate the Prohibitions under it until he first extended it.

 

May 17, 2014 U.S. Department of the Treasury sent this bulletin at 05/27/2014 05:35 PM EDT entitled: Issuance of New Iraq-Related Executive Order to OFAC (Office of Foreign Asset Control)

 

Who is OFAC and what do they do?

 

OFAC administers a number of different sanctions programs. The sanctions can be either comprehensive or selective, using the blocking of assets and trade  restrictions  to accomplish foreign policy and national security goals.

 

See OFAC has been the ones that are in charge of enforcing the economic sanctions and now they have been notified that the prohibitions have been terminated:

 

QUOTE: “The President signed an Executive Order (E.O.),  “Ending Immunities  Granted to the Development Fund for Iraq and Certain Other Iraqi Property and Interests in Property Pursuant to Executive Order 13303, as Amended,”  terminating the prohibitions  contained in Executive Order 13303 of May 22, 2003”

 

Terminating the Prohibitions, meaning that all financial prohibitions that have prohibited Iraq from conducting their own financial transactions have been lifted. Iraqi is now free to re-enter the world markets. Banks worldwide are now able to conduct financial instrument transactions, transfer companies may now be approved to work  directly  with the  CBI, Article IV and Article VIII of The Article of Agreements should now be completed or sOoN will be.

 

 

 

Article IV: Obligations Regarding Exchange Arrangements

 

• 1. General obligations of members
• 2. General exchange arrangements
• 3. Surveillance over exchange arrangements
• 4. Par values
• 5. Separate currencies within a member’s territories

 

 

Article VIII: General Obligations of Members

 

• 1. Introduction
• 2. Avoidance of restrictions on current payments
• 3. Avoidance of discriminatory currency practices
• 4. Convertibility of foreign-held balances
• 5. Furnishing of information
• 6. Consultation between members regarding existing international agreements
• 7. Obligation to collaborate regarding policies on reserve assets

 

 

May 27, 2014 Obama signs an Executive Order Amending EO 13303

 

QUOTE: “I, BARACK OBAMA, President of the United States of America, I hereby terminate the prohibitions contained in section 1 of Executive Order 13303 of May 22, 2003”

 

Here is exactly what section 1 of EO 13303 says, pay close attention to the keywords that I have highlighted:

 

I 

(George W. Bush)

 hereby order:

 

Section 1. 

Unless licensed

 or otherwise authorized pursuant to this order, any attachment, judgment, decree, lien, execution, garnishment, or other judicial process 

is prohibited

, and shall be deemed null and void, with respect to the following:

 

(a) the Development Fund for Iraq, and ( b ) all Iraqi petroleum and petroleum products, and interests therein, and proceeds, obligations, or 

any financial instruments of any nature whatsoever

 arising from or related to the sale or marketing thereof, and interests  therein, in which any foreign country or a national thereof has any interest, that are in the United States, 

that hereafter come within the United States

, or that are or 

hereafter come within the possession or control of United States persons

.

 

• Unless licensed:
   as in dinar dealers and other institutions
• is prohibited:
   self-explanatory  
• any financial instruments of any nature whatsoever:
   as in Iraq’s currency or any other financial instrument
• that hereafter come within the United States:
   currency, gold or any other assets
• hereafter come within the possession or control of United States persons
  :  that’s you, me and anyone holding Iraq’s financial instruments (Iraqi dinars) or any financial instrument whatsoever. See we and the dinar have been protected under  this  order and why Canadians, Australians and others have bought their dinars through dealers here in the states. But when Turki pulls the trigger for Iraq to go live all  banks  that want to deal in Iraq’s currency will be good to exchange worldwide. Up until now we have traded USD for dinars or whatever currency you used to buy your dinars. Soon though we will be able to exchange our dinar for any currency through banking institutions now that OFAC has or will be removing all financial sanctions.

Can you see where this is going? On June 27, 2013 Chapter VII Sanctions  were  released and moved to Chapter VI under UNAMI making Iraq a non-treat to the international community but OFAC still had the prohibitions in place because of EO 13303 and Iraq could not play with the rest of the world in the international market place until these were terminated as well. The next move is for OFAC to remove these sanctions!

 

May 28, 2014 Central Bank of Iraq approved all licensed currency transfer companies. Only one day after EO 13303 was amended through a new executive order, coincidence? Not at all, see the agenda must be followed. This further proving these financial instruments in the form of the Iraqi currency that were held at bay by the OFAC should soon be able to be traded anywhere. Not yet though, these companies must first complete all the necessary paperwork, open accounts both in USD and Iraqi dinars, deposit 20% of their capital to insure and guaranty their transactions that they will be making and of course the CBI needs to announce to the world their new monetary system, moving them away from this dual currency regime and into a more standard international way of doing business.

 

One more thing, here is the verbiage that is very telling from the new executive order and proves that all assets will be released returned to the Central Bank of Iraq, not the GOI and have been held in prohibition by OFAC prohibited to be used for anything until now and why they have not been used to back the real value of the dinar.

 

QUOTE: BARACK OBAMA:  I hereby report that I have issued an Executive Order  (the "order") terminating the prohibitions contained in section  1 of  Executive Order 13303 of May 22, 2003, as amended by  Executive Order 13364 of  November 29, 2004,  on  any attachment, judgment, decree, lien, execution, garnishment, or other judicial process with respect to the Development Fund for Iraq and Iraqi petroleum, petroleum products, and interests therein, and the accounts, assets, investments, and other property 

owned by, belonging to, or held by, in the name of, on behalf of, or otherwise for, the Central Bank of Iraq.

 

Folks, the CBI is in charge of the monetary system, their main goal is to maintain and increase the exchange rate of the Iraqi dinar.  To  increase the  purchasing power of the Iraqi people through assets belonging to the Iraqi people, not their government. This is declared and noted by the Iraqi Constitution. The frozen assets, petroleum produced and non-produced oil which are held in reserves underneath their feet belong to the people of Iraq and such will be used by the CBI to bring back the wealth as it was before the zeros were added.

 

Article III of the Iraqi Constitution:   Oil and gas are owned by  all the people of Iraq in all the regions and governorates.

 

This is why the Executive Order reads as it does: Iraqi petroleum, petroleum products, and interests therein, and the accounts, assets, investments, and other property 

owned by, belonging to, or held by, in the name of, on behalf of, or otherwise for, the Central Bank of Iraq.

 

Now who is in charge of the Central Bank and who made such bold statements 2 days after the elections took place? That’s right, Abdul Basset Turki, the acting governor  of  the  CBI, the man in charge of the exchange rate of the dinar.

 

OK, let’s recap it all: All financial instruments have been terminated by the new executive order, OFAC should soon, if not already release all financial sanctions  worldwide  on  Iraq. 

All assets that are estimated at somewhere between, $150-$180 billion dollars will now be released back to the CBI and Turki, the man in charge of the CBI is saying all measures will be in place by middle of this year. That sums it up or does it?

 

Not quite, when could we see this take place?

 

Well July 1, 2014 ISX goes international:

 

QUOTE: The Iraq Stock Exchange (ISX) is currently in the process of upgrading to the latest Nasdaq trading platform after signing an agreement with Nasdaq OMX in June 2013. The new platform, currently used by more than 25 exchanges globally, is capable of supporting multiple asset classes, although the ISX concentrates mainly on cash equities.

 

QUOTE: “We will complete the implementation at the end of June, and it will go live at the beginning of July,” said Taha Ahmed al-Rubaye, chief executive of the ISX.

 

Folks, Turki said that all measures will be in place by the middle of the year, that’s Monday June 30

th

 and July 1

st

 starts the second half of the year. Turki said that the  central  bank will proceed without hesitation to apply the project raise zeros from the local currency in case settled political and economic situation of the country.

 

Political: There are articles showing that a new government made up of 200 parliament deputies will be announced right after the ratification of the ballots, which is do any day now. This should settle the political situation Turki is looking for.

 

Economic: Settled economic situation he is talking about we believe is OFAC releasing back to the CBI all the Iraq’s wealth and that is a major part of the  measures  Turki refers  too. The other part is the 2014 Budget but there are signs that Parliament will expedite the passage once the ratification takes place, insuring what Turki needs to settle the remaining economic conditions. He said that the implementation of such a project needs to arrange all the accounts and records of the Iraqi state before starting any move to change the status of the currency. This will take the budget passage to complete accounting and record keeping or at least the new exchange rate predetermined within it.

 

In finishing, all monetary system changes and exchange rate announcements or made over the weekends and are announced to the world on the opening of international banking on Monday mornings by any Central Bank. We have five Monday’s in June the last one being Monday the 30

th

 and July 1

st

 being on a Tuesday, just saying.

 

A special thank you to wmawhite for helping me connect the dots and joining me yesterday on my webcast to explain it all!

 

If you would like to watch our webcast click the LINK and go to .

 

Have a great weekend my friends,

 

 

 

Stryker

 

                                         

                         

   

 

[STRYKER - The Final Stretch of Our Adventure IMO]

at least you made it quite clear what form of entertainment you enjoy studying while not posting here......mr green eggs and ham! have a great day 

[STRYKER - The Final Stretch of Our Adventure IMO]

I really would like to believe these Jokers - 10 + years and still counting

 

so your comment that everyone who points out the facts Iraq is giving us are "jokers" including AM................huuuum! or is it that you don't have the ability to read and understand facts that were posted on other sites, even here on DV? maybe after 10 years you should seek another investment you feel has more potential for financial gains for yourself than dinar. just say'in

[STRYKER - The Final Stretch of Our Adventure IMO]

I believe we are in the final stretch of this adventure of ours and here’s why.

Obama releases all Iraqi’s assets back to the Central Bank of Iraq, not the GOI, see Executive Order Amendment: link

 

Obama’s quote thru the EO: the accounts, assets, investments, and other property owned by, belonging to, or held by, in the name of, on behalf of, or otherwise for, the Central Bank of Iraq

This means that the CBI can use these assets, properties, etc… to back their currency since they are in charge of the Monetary System of Iraq.

 

The Central Bank of Iraq’s head man Abdul Basset Turki says that all measures will be in place by middle of the year and he will not hesitate to implement to delete the zeros project as long as the situation politically and economically is right for the country , see his quotes and links for complete statements:

Quote: "The central bank will proceed without hesitation to apply the project raise zeros from the local currency in case settled political and economic situation of the country." link

 

Quote: the project to delete the zeros of the central bank governor said that the new measures will be there by the middle of this year, the bank raised about the new currency and the deletion of zeros. link

 

The delete zero project started July 1, 2011 when Dr. Shabibi, the then governor of the Central Bank of Iraq, announced that the CBI had all the tools to start the project. More dollarization was implemented to remove dinars from circulation. It has been postponed two times since then but now I believe we are heading to the final stretch.

The RV will come out of nowhere, just like Obama signing the new Executive Order releasing the real wealth back into the control of the Central Bank did. It is time to start preparing folks, make sure you are ready!

 

Can there be another delay, sure but signs show that Iraq is ready to move forward and I believe the factual signs that are in front of us today.

 

Stryker

[BondLady: Central Bank Prepare All Supplies For Its Application = LD's !]

Yender, I disagree that this "chat" BL had can be classified as "PUMPER DOO-DOO". The quote made about "During the next eight month or early next year" was taken straight from the article posted by Iraqi news. BL doesn't make money from the buying and selling of dinar, she along with people like Stryker follow the news daily and stay educated on factual news and events. If you don't, you’re one of those that is truly missing out and mis-informed on all the great news happening in Iraq lately. Stay informed and understand who some of these people are. Once you do learn who they are, maybe then you will understand not everyone out there can be classified as a guru just because they do not post on this site.

[Sunni parties will support the survival of Maliki for a third term]

Maliki is done..Get a rope...

 

You are SO right D_M...........they should use the one that was used on Saddam it work GrEaT! Make it a two-fer! Maliki is toast, he should be preparing his exit strategy to get the heck out a Dodge with his pile of cash and his life!!

[Central Bank: Delete the zeros from the currency is linked to the stability of the political and economic situation]

I agree with both of you....rissas dad and GGGECKO......we're not far from a checkered flag!

[Central Bank allows for money transfer companies to participate currency auction]

Here is Stryker's take on this article this morning...............

 

It sure looks like the CBI just may be looking to move away from the daily auctions and into more of an international way of doing business.

 

Quote:

"This measure will expand special events auction of foreign currency will also contribute to the stability of the exchange rate permanently."

By signing up these money transfer companies directly the CBI will have a way of selling off the petrodollars without the daily auctions. This should occur once they move to a one exchange rate system, which is the internationally standard. 

 

Quote:

"The Board of Directors decided to approve the money transfer companies to open accounts directly with the Central Bank of Iraq and the Iraqi dinar to the dollar carry out procurement of foreign currency."

 

[Economist: administrative issue not related to the issuance of currency inflation rates new cash .. between improving the payments system and increase]

this is Stryker's comments on this article..............

 

This is just like the debates we dinar holders have debated since this commodity of the dinar came into play in 2004. Everyone has an opinion on what the effect these new banknote will have.

Many experts believe it will cause an increase in inflation, many say it will not. One stated it has nothing to do with inflation, a few say it is just for improving cash payments and others say it won't.

Of course Ahed Hassan says that printing new banknotes as a waste of time and I used this as my point that the CBI must have a bigger plan in one of my blogs last week.

One says the system will evolve, and my favorite one says that the banks economist can manipulated the value at any time.

I like when they debate this because it proves that no one really knows what it's going to do as it should be.

IT IS CALLED SPECULATING... and I speculate it will increase in value!

[Expert calls for the deletion of zeros from the current currency instead of printing new currency cash]

I totally agree with you guys on this one!!

[Stryker - Expense of Re-Printing the Iraqi Dinar at the Same Value]

Expense of Re-Printing the Iraqi Dinar at the Same Value

 

Does it Make Sense?

 

A Finance Committee member of the Kurdistan Alliance MP, Ahmed Hassan Faidhullah could be right in his statement that describes printing new banknotes as a “waste of time ".  In this short article he continues: "The current currency is  suitable  and there is no need to be replaced.”

 

Let's take a look at both these points of his, is it a waste of time and is the current Iraqi currency suitable but keeping logic as our guide:

 

The CBI is spending millions of dollars to do a face lift on the same old currency, with the same old value, doesn't make sense?

 

The CBI is adding even higher security measures to their currency that is way undervalued compared to international standards, that doesn't make sense!

 

The CBI has continued to hold down the value of the dinar even though the Iraqi GDP is growing at double digits every year, which for sure doesn't make sense!

 

The CBI has purchased 60 TONS of GOLD in the last TWO MONTHS with not a single bump in

the value of the dinar, does that make sense? Of course not!

 

The CBI is preparing to take control of ALL Iraqis ASSETS, some that has been frozen for as long as 24 years but yet they are printing the same old current series of banknotes, REALLY? That doesn’t make sense!

 

FYI: I found over $105 billion USD worth of documented frozen assets in just a short few minutes of searching for it on the net, between Saddam’s personal conservative estimated funds, the estimated hidden loot by others, to the Saddam family pension fund, valued at $41.6 billion in 1990:

 

LINK

  

There is more out there than this  and I will continue to research for it but I think you get my point.

 

The CBI has contracted a company to mint into gold ingots 11 TONS of GOLD to be sold to the Iraqi citizens  that only make  a per capita income of around $6,000 per year. Again, does that make sense?

 

FYI: As I talked  about  on our roundtable  discussions  last night gold ingots are marketed to the middle  and upper  middle  class which Iraq just recently reached a worldwide lower middle class status with their per capita income level. Is there more to this story and are they about to reach a higher level soon that can afford Iraqis to buy these ingots through a pending revaluation of the Iraqi dinar? That would make sense  and the CBI would  know because  they are  the ones in charge of Iraqis monetary future but I would say the answer is yes, there is more to the story. By the way, the rich buy bullions or gold futures not ingots and all you really have in Iraq right now are poor, low international standard middle class that are barely getting by and rich billionaires! One only needs to watch the many TV commercials pushing gold and silver here in the states that are targeted to the U.S. middle class too know this and the middle class Iraqi are sure not comparable to our middle class, or are they about to be? No that makes sense!

 

The CBI continues with these daily auctions that orchestrate two exchange rates: the de facto fix of 1166 : $1 USD and a market rate of 1192-1292 : $1 USD when only countries that have inflationary  issues,  high debt,  trade deficits and  low foreign reserves work dual or multiple exchange rates to combat these issues. Iraq has very low inflation at 3.1 percent, very low debt compared to the rest of the world and that is being paid off fast, a trade surplus (not a deficit) and the highest foreign reserves in the history of their country and larger than most countries of the world  but yet the CBI continues to keep a very  low value to the dinar.  That just doesn't make sense!!

As Expert Mark DeWeaver puts it: “One exchange rate should be enough”

 

The CBI spent $10,000,000.00 on 10 high speed DeLaRue  machines  to  count,  sort, detect fraud, bundle and/or destroy their currency, does printing new versions of the currency  and just  adding them to what’s  already out  there put  these high  dollar machine’s to work? No it doesn’t and it doesn’t make sense either!

 

So why are they printing an improved version of the same bills? Is it because the 250, 500 and 1,000 dinar notes are worn out? The news and complaints from the Iraqi citizens tell us this, the low liquidity (dinars) statements by the Iraqi bankers themselves tell us this, so that part makes sense. It even makes sense that these would be the highest in the lower denominated food chain once the CBI prints the 5, 10, 25, 50 and 100 dinar banknotes which have been approved and designed in 2012. But printing higher banknotes with three zeros on them when years of studies by Dr. Shabibi himself and the GOI Economic Committee assigned to reforming Iraqis economy and currency says that Iraq is and has been ready by easing in transactions through deleting the zeros and improving the purchasing power of the dinar.

 

Approved banknotes and designs:

 

5 dinars: Beck waterfall and palm tree

 

10 dinars: dinar coin minted in the reign of the Umayyad dynasty and lighthouse Hadba in Mosul

 

25 dinars: King Hammurabi receiving the law and farming of Iraqi Kurdistan

 

50 dinars: King Codaa and Fort Ukhaydir

 

100 dinars: Central Bank building in Azwaip area in Baghdad and ziggurat

 

200 dinars: bridge and school

 

Ahmed Hassan Faidhullah brought up some good points but the real question should be, does the CBI have a bigger plan in mind?

 

The answer to that is yes they do, by common  sense  alone the printing of the 250, 500 and even the 1,000 fits right in with the real plan, IMO! Today most of the articles are only talking about these bills anyway.

 

So why print higher three zero banknotes? Because these will be used for commercial transactions, just yesterday in one of the Kurdistan newspapers this was quoted: On November 2013, the CBI announced intention to put into circulation higher banknotes of 50,000 dinars in Arabic and Kurdish languages. Will with these new 25,000 notes they sure don’t need a 50,000. A few years back they wanted to print 100,000 and 250,000 banknotes for commercial transactions so I look at this as a great sign that the real value of the dinar when reform is implemented may have these new 25,000 notes worth as much as the those 250,000 notes would have had by lifting the value by three zeros. We have seen that terminology used many times over the years, lifting the value by three zeros is just one of terms used when they refer to the zero project.

 

Listen to my friend Mr. Khoury translate the CBI Press Release Documents I sent him concerning this subject of re-printing the current series of banknotes. He joined us on our roundtable discussions unexpectedly last night, so you need to hear what he had to say. After the intro I forgot to turn my mic on, but I figured it out; just be patient for a few minutes and the audio will start.

 

 

So in conclusion, it does make sense and is well worth spending millions on a new generation of the current series of  currency in the  CBI’s big  picture.  But does all this make sense to you?

 

You should be proud of yourselves for taking your valuable time to get more informed with facts!

 

 

 

Stryker

 

[Iraq denied access to WTO]

Quote:

"most of the laws of economics / law protect the product and the consumer protection law and the law of the local market prices fixed / and activation of the customs tariff law by partial /, is wide open, which caused the exclusion of Iraq to join the World Trade Organization."

These are what we have been watching for and what is needed for Full Accession:

Economic Reform Law

Protection of Produces

Consumer Protection

Luxury Tariffs (implemented, but not what it takes for what we/they need to see a change in the exchange rate)

None-Essential Tariffs (a sign that currency reform is real close) 

Essential Tariffs (MUST HAVE CURRENCY REFORM BEFORE THIS ONE IS IMPLEMENTED)

 

[Iraq unlikely to remove zeros from the currency]

Hey Keep what's your opinion on this?

 

don't worry ........ he'll be on this like a grease monkey fly on BMW poo!

[Kurdistan: pass the budget deliberate step to convert the crisis into Erbil and the postponement of elections]

nope......budget was passed by the CoM today and the Kurds were not in full agreement!

[Experts: Delete the zeros project needs to be catalysts for success]

If they even allow the old dinar to be exchanged outside Iraqs borders then yes. You will of course have to pay exchange fees again and then its a sitting game. It coukd take another 10 years before you coukd even double or triple your money. There isnt even any guarantees that thr dinar will continue to appreciate after that! Worse case we are stuck holding the old dinar and cant even get our money back.

The answer to your first questiin is yes. Your old 25k note woukd be equal to one new 25 note. If thry do this the new exchange rate on the new dinar woukd be near 1 USD so you basically break even when exchanging back to USD.....

 

remember everyone this is his opinion not fact! this is a heavily debated topic here........and one that this little k33p'em greasy monkey loves to try to sell to newbies!! do your own research on this topic and then you can form your own opinion and not fall in into following this greasy pied piper

[Finance Committee exclude the application of the project to delete the three zeroes through the next two years]

The CBI is incharge of Monetary Policy and not the Parliament Finance Comittee so we will have to wait and see what the CBI has to say

 

 

[Quote from MillionDay Post on 11-20-2013 Evening]

The reality is you really have no real clear understanding of this investment. You just try to bully people that do. Other than that we all know where your head is stuck......lol.........have a good one and  K33P-it-stuck-d33p there to little grease monkey!! good night!............LOL!!

[Quote from MillionDay Post on 11-20-2013 Evening]

dude this case was closed when I said I stand by my original post..............silly monkey investments are for grownups!!........LOL

[The Iraqi government and the Kurdistan region approaching an agreement on the sharing of oil revenues]

lol...........you proved nothing!.........let me translate your proof.........babble babble babble!!

[Quote from MillionDay Post on 11-20-2013 Evening]

lol..........you're a funny little monkey.......... I'm not emotional when it comes to dealing with you and your comments........you're the one that shows your true colors by constantly belittling people who don't buy your constant input of garbage. As I have said before I don't agree with your way of thinking on this investment and I don't have the same agenda as you do here on DV. But you have shown me your weaknesses and what gets youn fired up.........lol........so I will not spell this out to you. You are the one that is constantly try to prove to us that you know everything!! So you go figure it out as we have. If you still don't get it don't worry, hopefully soon it will all be over. Because as we have all seen with your many post here that it is impossible to have an intelligent debate with you. So with that I say to you as you said to me ..........READ READ READ!   

[The Iraqi government and the Kurdistan region approaching an agreement on the sharing of oil revenues]

It's a shame DV allows pitiful people like you K33P to belittle people here.........but it does show how well I can get under your skin!! FACTS suck don't they K33P!!..................LOL