Popular Post gakman Posted February 14, 2012 Popular Post Report Share Posted February 14, 2012 kaperoni: Tonight’s chat is a “where we at chat?” I felt with all the recent events with the CBI, I should discuss this, and as well bring out some older articles to show you the timeline. We're calling this chat…"Ready to Launch Stage Two” kaperoni: Ok, I am going to start with a timeline for this event. This is going to create a “window for the RV event.” In order to do so, I need to go back a month and show you an article and quote… kaperoni: Financial representative: deleting zeros from the currency needed two years and three phases - Saturday 21 January 2012 kaperoni: Quote… kaperoni: "stages of delete zeros from the currency, divided into three phases, the first phase lasts six months to provide print devices, while the second phase of the introduction of currencies simultaneously, and will last six months to withdraw the old currency and the survival of the new currency." kaperoni: Do you all see what is stated here? That the second phase when implemented will also last 6 months. Next article… kaperoni: CBI confirms the deletion of zeros and the currency exchange in 2013 - Saturday, 24 September 2011 kaperoni: Quote… kaperoni: “expected to "be the currency exchange in the new fiscal year for 2013." kaperoni: Now we have a drop dead timeline - for this event is impossible to start the 2013 budget unless they start phase two no later than June 2012. That is the drop dead last possible date for the RV (introducing new currencies makes no sense unless the RV occurs prior) to occur. Next article.... kaperoni: Economist: increasing demand and the situation of neighboring countries raised the prices of gold and hard currency - Tuesday 02/14/2012 13:54 kaperoni: Quote… kaperoni: “Tuesday: The increase in demand for the dollar in large quantities and which led to the high price of gold and the dollar to a great extent by the sanctions on Syria and Iran, which affected the economic side of the country.” kaperoni: We already know that this activity is causing harm to the CBI ’s reserves. So much so that they had to step in and activate the Basel regulations. Next article… kaperoni: CBI: We will not retreat from the application of our instructions, even if stopped selling foreign currency - 14/02/2012 12:12 kaperoni: Quote… kaperoni: "Central Bank of Iraq sells currency for Iraqis only and not meant for sale non-Iraqis," kaperoni: Clearly this explains the reason for the implementation of the new rules. As we knew, many of the dollars were being smuggled out of Iraq. This next quote is where it gets interesting… kaperoni: “Deputy Central Bank of Iraq that "Iraq frees the current account of the balance of payments and this commitment to International Monetary Fund agreement in article VIII, but at the same time edit account does not mean market but there are controls injected called market discipline being applied". kaperoni: This is huge! This appears to me the CBI is in the process of changing from IMF Article 14 to Article 8. Article 8 is key to them releasing the dinar and making it internationally recognized and tradeable. kaperoni: They are stating here they are conforming to these requirements. Now supplying balance of payment (BOP) to the IMF. It appears the quote also is saying we are doing this under controls or market discipline, which is the “Basel Compliance” or regulations. kaperoni: Now if you go to the IMF website…click on Country Info, then choose Iraq, then find on the left where it says “Iraq’s position in the fund” and click it. It will take you to the financial position in the Fund as of January 31, 2012 for Iraq. kaperoni: On the right side it says Iraq is still in Article 14 represented by…Article XIV. If you click on this, you will find that the link no longer works. It says “page not found.” Is this a coincidence? kaperoni: It appears to me that Iraq is about to officially accept Article 8. kaperoni: Next article… kaperoni: Central Bank: GDP of Iraq will rise from 180 to 350 billion dollars after two years - Tuesday 02/14/2012 14:54 kaperoni: The title in itself is impressive. They are going to double the GDP over the next couple of year. Clearly Iraq is on the brink of major events. kaperoni: Quote… kaperoni: “Deputy Central Bank Governor that the circumstances surrounding the neighboring countries do not affect the Iraqi dinar exchange rate.” kaperoni: This is an interesting quote. Clearly it does have an effect under the current conditions. This next quote is very telling… kaperoni: “Mohammed Saleh told (the citizen) that the strength of the Iraqi dinar is derived from a link Iraq to the global economy. He emphasized that the events taking place in neighboring countries can not affect the currency exchange rate, but are not superficial negligible.” kaperoni: This quote is affirming what we have been saying for a while…. That the Iraqi Dinar will be part of the world’s foreign currency reserves. This statement above…”the strength of the Iraqi dinar is derived from a link Iraq to the global economy” tells us more of the plan. kaperoni: IMO, this plan will make Iraq the strongest currency in the Middle East. It appears they want to do this very soon. We can confirm this from this next article from last August… kaperoni: Experts: we aspire to make the Iraqi dinar portion of international reserves - 28/8/2011 12: 00 am kaperoni: Quote… kaperoni: “Experts regard financial ambition that the Iraqi dinar is adopted as part of international reserves, through the establishment of a strong economy boosts value of local currency.” kaperoni: This is confirming. The ambition of the CBI is to make the dinar part of the international reserves held around the world. And this confirms where “our” dinar will go upon the RV. Next quote.. kaperoni: "Central Bank Adviser, said the appearance of Mohamed Saleh: the Iraqi dinar is not an international reserve currency to be treated abroad, we aspire to be the monetary policy of the Iraqi dinar portion of international reserves and this needs to be a long time," he said. kaperoni: This to me is just more confirmation…That the dinar will not be used or traded abroad, that will occur only within Iraq. But the it will be part of international reserves held for a long time. More of the plan is coming out. Another article from back in August makes more sense… kaperoni: Experts: Economy sober works to support the dinar and attract global investment - 29/08/2011 kaperoni: Quote… kaperoni: “The member of the Economic Commission parliamentary: the idea is now up to the deletion of three zeros of the Iraqi currency, and this project will hopefully contribute to give power to the Iraqi currency to foreign dealings.” kaperoni: We see that this event will be the launch of the dinar. Will give power to the currency (value) for foreign dealings. Now this from September… kaperoni: Abd al-Husayn al-yasseri: Iraqi dinar recovering and has become internationally recognized - Date: Saturday 24-09-11 kaperoni: “He said the Central Bank of Iraq on 22 June last, he decided to restructure the domestic currency to develop payments system in the country. It was also the International Monetary Fund in August last year to support the Iraqi economy if it a number of economic measures, including allocation of banks and raise three zeros from the currency and debt repayment and compensation rests with Iraq.” kaperoni: You see clearly here that IMF supports this event. kaperoni: And it is clear that Iraq is responsible for debt repayment and compensation. The IMF knows how much that debt is. Does anyone know how much the US portion of the Iraqi war cost? Over 800 billion USD. Will a LOP or Re-denomination pay that? Will either of those solutions give power to the currency for foreign dealings? What about the Dinar being a foreign currency reserve? Would the IMF support anything other than an RV? I don’t think so. kaperoni: The next quote… kaperoni: “And functions of the Central Bank of Iraq boils down to maintaining price stability, monetary policy implementation, which include exchange rates, foreign exchange reserves management, issuing currency and management, in addition to regulating the banking sector.” kaperoni: It is pretty clear the CBI is in charge of all this. Next article… kaperoni: Issawi discuss with the U.S. delegation to support the banking system and tax in the country - 2012-02-13 12:51:17 kaperoni: Quote… kaperoni: “Research and Finance Minister Rafie al-Issawi with the U.S. delegation in the presence of Deputy Assistant Secretary of the Treasury and the U.S. economic and political situation in Iraq and the region in general” kaperoni: So we see that Iraq is at the cusp of being open to a free market economy. And they are about to launch the “delete 3 zeros” So much so that they are discussing this all with the of Deputy Assistant Secretary of the Treasury (Dean). They state… “U.S. economic and political situation in Iraq and the region in general” They are getting close. kaperoni: Next quote… kaperoni: “A source in the ministry, said the two sides discussed the need to support the banking system and taxation in the country through the mechanisms, procedures and laws that increase the level of banking business in Iraq and to support the economic level and investment in it.” kaperoni: Well this is about as clear as it gets. kaperoni: I can see the conversation now…Get this currency on an international level! Your banks are struggling, we need you to get this done so tariffs (taxes) can be implemented. Oh I forgot, this will help you. It will invite business into Iraq and help you achieve the GDP that you already stated. New article from today… kaperoni: The Deputy Governor of the Central Bank: the new currency would be immune to sophisticated technical after delete zeros - Date: Tuesday, 14-02-2012 kaperoni: Quote… kaperoni: “He said Saleh (News Agency news) on Tuesday said that the Central Bank has reached advanced stages of logistic preparations for the task to delete the three zeros from the project currency..” kaperoni: So we're beyond soon, or very soon. lol kaperoni: We're now at “advanced stages” lol And this is very good news…Logistic preparations. Do you know what Logistics means? It means the arrangements or organization or process. They are at the advanced stage of activating “phase two,” which is the RV and distribution of the new currency. We are close. This next quote… kaperoni: “He said that in the event of 18.8 implementation project will use propaganda and media companies to educate citizens and give precise details of the draft deleted three zeros and respond to them all questions specific to that project.” kaperoni: This is a good quote. I assume 18.8 may be the law. But in any case, they are stating when they do this there will be extensive TV and media to educate citizens when it actually happens…This will be an event! kaperoni: But the key here are these words…”give precise details of the draft deleted three zeros” and answer all questions. Do you see what they just said? As we have said all along, the CBI is not disclosing all the details. Why? Because they can’t! kaperoni: They simply cannot state the Plan in full at this time as it would be economic disaster. They are simply giving basics and reassuring the citizens that this is a “good thing.” And not to be afraid of it. kaperoni: We also know this to be true by the various inconsistencies from various articles and reports, such as parliament members, etc. The CBI is simply not telling everything. They are assuring everyone, once the event happens, we will tell you everything. Next article… kaperoni: Parliamentary economy need tariff activation code - 14/02/2012 kaperoni: Quote… kaperoni: “…the Parliamentary Commission on the economy and investment, Tuesday, the Federal Government need to activate tariff law, stressing that the Iraqi market can be competitive in global markets.” kaperoni: Good stuff. We showed you above the US delegation is over in iraq to help with this. Next quote.. kaperoni: “It was hoped that the tariff is the activation code in March after approved by the Iraqi Council of representatives.” kaperoni: Gee, they better get a move on it. March is about 2 weeks away. We already know that they cannot implement these taxes or tariffs until the RV takes place. Now we see the window is getting smaller…Let’s see if we can confirm this…Next article… kaperoni: Iraq gets approvals all States to attend Baghdad next month - 14/02/2012 kaperoni: “..the representative of Iraq in the Arabic League that Iraq has obtained the consent of all the Arabic States to attend the Summit Baghdad, stating that no country opposer on holding the Summit.” kaperoni: What does the Arab Summit have to do with the RV? Plenty. But first we see that they were able to convince all Arab states to now attend. Do you see the significance? Next quote… kaperoni: “…but there is unanimity of Arab convened in Baghdad to return Iraq to its natural at the forefront of Arabic and international nation…” kaperoni: Oh, Iraq is going to return to be at the… “forefront of Arabic and international nation” kaperoni: This seems like a coming out party. Does it not? kaperoni: And you wonder what Hillarious/Biden and others have been doing for the past year as they jet set all over the Middle East? I would bet they are setting up the warm fuzzies for Iraq. Remember this is scheduled now officially for March 27-29th. Iraq has some work to do…Next article... kaperoni: Baghdad: preparations reached their final stages to host the Arab summit in Baghdad - On: Tuesday 02/07/2012 kaperoni: Quote… kaperoni: “He added that Iraq is a pivotal country in the region and part of an active player in the Arab system and because of the circumstances which passed in the previous period affected the double role at this level, stressing that Iraq is today, after the achievement of security and political stability and exit of foreign troops, he was able to receive and post all activities of Arab, regional and international levels.” kaperoni: There is that quote again…"stressing that Iraq is today, after the achievement of security and political stability and exit of foreign troops, he was able to receive and post all activities of Arab, regional and international levels.” Seems not likely without a currency that is tradeable and recognized internationally. kaperoni: Quote… kaperoni: "He said Shammari to: that the establishment of the summit on the land of Baghdad would be an important turning point at this stage in the relations between Iraq's Arab and a start of a mission to Iraq to perform its responsibilities and leadership role in the region and the world." kaperoni: Ok, so Iraqi is hosting this event. And we see the significance of all the Arab states attending and welcoming Iraq back into the Arab world, both regionally and internationally. Somehow it seems incomplete…lol kaperoni: Next article from back in November… kaperoni: Iraq declares its readiness to host an emergency Arab summit - Tuesday, 15 November 2011 kaperoni: Quote… kaperoni: “A member of the Foreign Relations Committee, Emad Youkhana in an interview with "Twilight News" that "Iraq is willing to host an emergency Arab summit, and the time is appropriate, as well as to Iraq's return to normal on the Arab and international levels." kaperoni: Well, I will leave that up to you if you think the window just got much smaller? I think the CBI has less than 30 days to launch “phase two.” kaperoni: Done 61 Link to comment Share on other sites More sharing options...
IMTIRED Posted February 14, 2012 Report Share Posted February 14, 2012 Simply Excellent Analysis. Period. Thank you. 6 Link to comment Share on other sites More sharing options...
idplzr Posted February 14, 2012 Report Share Posted February 14, 2012 GREAT BREAKDOWN OF THE ARTICLES!!! THANKS FOR BRINGING THIS OVER.... +1 FOR YOU, WISH I COULD GIVE YOU FIVE + 5 Link to comment Share on other sites More sharing options...
tim5400 Posted February 14, 2012 Report Share Posted February 14, 2012 sounds great......thanks for the positive post..... 3 Link to comment Share on other sites More sharing options...
matthew6:19-21 Posted February 14, 2012 Report Share Posted February 14, 2012 kaperoni: This to me is just more confirmation…That the dinar will not be used or traded abroad, that will occur only within Iraq. But the it will be part of international reserves held for a long time. More of the plan is coming out. Another article from back in August makes more sense… Read more: CAN ANYONE EXPLAIN THE STATEMENT ABOVE. WE NEED IT TO BE EXCEPTED ABROAD AT LEAST AT BANKS FOR THE INITIAL CASH IN. THANKS IN ADVANCE FOR YOUR THOUGHTS. 3 1 Link to comment Share on other sites More sharing options...
Patriotic_mess Posted February 14, 2012 Report Share Posted February 14, 2012 Thanks for sharing, he certainly has a posotive outlook for our investment in the coming weeks, I hope he's right! 2 Link to comment Share on other sites More sharing options...
edbeach Posted February 14, 2012 Report Share Posted February 14, 2012 Nice report from Kaperoni. His breakdown really makes a lot of sense. I think he did an excellent report of events coming up to today from the article Lets go RV 2 Link to comment Share on other sites More sharing options...
pchester Posted February 14, 2012 Report Share Posted February 14, 2012 Well said Kap, I agree 100%.Don,t you know they would like to R/V before summit...lol so they can show off. WHA YA THINK????? 3 Link to comment Share on other sites More sharing options...
HeyJonesy Posted February 14, 2012 Report Share Posted February 14, 2012 Very well done Kaperoni.. Excellent explanation on the past and upcoming events. 1 Link to comment Share on other sites More sharing options...
Joker017 Posted February 14, 2012 Report Share Posted February 14, 2012 WOW.... Go RV...GO BOOM! 2 Link to comment Share on other sites More sharing options...
gakman Posted February 15, 2012 Author Report Share Posted February 15, 2012 Thanks for the +'s ladies and gents- You have to hand it to Kap- he really breaks the news articles down, with an appropriate timeline. Hope he is correct!! I wonder if he is married to Bondlady?? 5 Link to comment Share on other sites More sharing options...
Choppermike Posted February 15, 2012 Report Share Posted February 15, 2012 An analysis that would make Bond Lady proud. Thanks for bringing it over. 2 Link to comment Share on other sites More sharing options...
Elixirbaby Posted February 15, 2012 Report Share Posted February 15, 2012 Awesome read. Thanks for bringing it over.. 1 Link to comment Share on other sites More sharing options...
Biker Posted February 15, 2012 Report Share Posted February 15, 2012 Well i dont no if hes right but will have to say this post was impressive and made since. Thank My Brother. 1 Link to comment Share on other sites More sharing options...
amhvl Posted February 15, 2012 Report Share Posted February 15, 2012 Simply Excellent Analysis. Period. Ditto is the only thing that comes to mind. Link to comment Share on other sites More sharing options...
balkanbob Posted February 15, 2012 Report Share Posted February 15, 2012 Thanks GAKMAN , That Kap report says it all. I am looking for waterfront property now. 1 Link to comment Share on other sites More sharing options...
jeff12 Posted February 15, 2012 Report Share Posted February 15, 2012 WOW!!! Probably the best post by Kap I have read since being in this investment. 2 1 Link to comment Share on other sites More sharing options...
KNTIME Posted February 15, 2012 Report Share Posted February 15, 2012 Excellent article! Nice breakdown. Makes perfect sense. Great job Kaperoni, hats off to ya Link to comment Share on other sites More sharing options...
Carrello Posted February 15, 2012 Report Share Posted February 15, 2012 Ditto is the only thing that comes to mind. I would like to ditto your ditto, and raise you 5 of those +1s. Thank you and thanks to Kap. 2 Link to comment Share on other sites More sharing options...
RodandStaff Posted February 15, 2012 Report Share Posted February 15, 2012 (edited) Wow..... trade-able and recognizable international currency, highest value in the M.E.... well sir... now that is what I call good news! Come on boyz.... git-r-dun!!! Thanks for the post gakman!!! COME ON RV Baby!!! Edited February 15, 2012 by RodandStaff 1 Link to comment Share on other sites More sharing options...
mrmcwhipit Posted February 15, 2012 Report Share Posted February 15, 2012 Thanks Kap awesome read. Link to comment Share on other sites More sharing options...
Tubbs Posted February 15, 2012 Report Share Posted February 15, 2012 WOW!!! Probably the best post by Kap I have read since being in this investment. We are witnessing the plan and history being made Thank you Kaperoni for taking time to breakdown the articles So many great minds on this forum, I've never read so much I'm feeling really good right now Go RV B) Link to comment Share on other sites More sharing options...
make11 Posted February 15, 2012 Report Share Posted February 15, 2012 Wow, great research from Kaperoni! I really hope the arab summit is the place for Iraq to shine and come out with the RV'd IQD! Would be absolutely great for their "face" and pride after years of sanctions, war and destruction. Time to build! Link to comment Share on other sites More sharing options...
shoegal1975 Posted February 15, 2012 Report Share Posted February 15, 2012 Fan freaking tastic! Great chat! If Kap is excited, then I'm excited! C'mon boys, mama needs some new shoes! Link to comment Share on other sites More sharing options...
srdedeaux Posted February 15, 2012 Report Share Posted February 15, 2012 Kaperoni! Dude you hit that one out of the Park! Great incorporaton of all the articles leading up to the RV! BondLady couldn't do better than that! Thanks B) 1 Link to comment Share on other sites More sharing options...
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