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Kaperoni shows the facts - where the dinar will go...the plan for the New Iraq Dinar (and rate). 2/23/2012

katie45

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Kaperoni shows the facts - where the dinar will go...the plan for the New Iraq Dinar (and rate). 2/23/2012

Kaperoni: I thought I would try and put the pieces of the dinar puzzle together.

Kaperoni: Many have tried to figure out how Iraq can support a RV. Or how the dinar would be collected back to Iraq. This topic has been discussed several times and as recently on the DinarAlert Conference Call back a few weeks ago.

Kaperoni: Lets get into the numbers. First, how much dinar has been sold out of Iraq? The numbers vary, and at this point it appears that no actual number can be obtained. Therefore speculation is all we have. Personally, I believe somewhere from 4-10 trillion…no more. Others see it as high at 30 trillion. I think we can discount that when the CBI themselves state the total money supply at 25-27 trillion.

Kaperoni: Now we need to see how Iraq is going to pay for the cost of the war. Or will they? Is this a myth?

Kaperoni: If you watch this video, you have to assume either tankers full of oil are coming to America soon or they will simply RV the currency to pay off some 800 billion and growing debt. This is only the USA side of the expense. Estimates worldwide are 3 trillion plus for the cost of the war with Iraq.

Kaperoni: Here is the link to the US Senate Committee Video Hearing: Iraq -The Challenging Transition to a Civilian Mission. Fastforward to the 95min mark for the Senator Menendez comments.

Kaperoni: http://www.foreign.senate.gov/hearings/hearing/?id=a421f9a1-5056-a032-52ae-3e2b956077c2

Kaperoni: Ok, so we know that it Iraq will pay for this war, like it or not. They will based on this video and statement.

Kaperoni: The next thought is if it’s not boatloads of oil, it must be the dinar. The dinar is the vehicle in which they will pay. We can ask if a LOP or Redenomination possible? Let’s go with the full 27 trillion dinar in circulation. If they LOP or re-denominate 27 trillion to 27 billion (delete 3 zeros) and gave it all to the US, they would not come close to paying off the war debt of 800 billion and climbing. So, one can come to a reasonable conclusion, that neither of these solutions will happen. Only a RV will solve the financial expense. Only a RV will pay off the kind of global debt.

Kaperoni: Now lets look a bit closer on where the dinar will go post RV. Can Iraq collect it and pay for it? I don’t think that this the plan.

Kaperoni: Here is a link to an article…

Kaperoni: Experts: we aspire to make the Iraqi dinar portion of international reserves - 28/8/2011

Kaperoni: http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Fwww.almustakbalpaper.net%2FArticleShow.aspx%3FID%3D8402

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: Here we have the first statement which appears to disclose the plan for the dinar. The dinar that was “leaked or sold” outside of iraq. Pretty clear..”adopted as part of international reserves.”

Kaperoni: 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: So he is saying here. The Dinar will not he bought or sold overseas. That will be done by the CBI. The CBI will control the monetary policy. The dinar held in international reserves will stay there for a “very long time.” Clearly telling us, once again that banks/feds hold this dinar will use it simply as a reserve currency. A currency held for a “long time.”

Kaperoni: Next article…

Kaperoni: Experts: Economy sober works to support the dinar and attract global investment - 29/08/2011

Kaperoni: http://alsabaah.com/ArticleShow.aspx?ID=12867

Kaperoni: Quote…

Kaperoni: “and aspiring professionals affairs financial that are supported Iraqi dinar as part of international reserves, through the establishment a strong economy enhances the value of local currency.”

Kaperoni: More confirmation of the plan. More factual statements to confirm what was already stated. To prove the point. Next quote…

Kaperoni: “For his part, central bank adviser said the appearance of Mohammed Saleh: that the Iraqi dinar is not an international reserve currency until it is handled in overseas and we are the Central Bank and as a policy cash aspire to be the Iraqi dinar is part of international reserves, and this needs a long time .”

Kaperoni: Again, a similar statement. The CBI will be the Central Bank for the dinar handling the monetary policy. And once they RV, the dinar will become an international reserve currency (as the dinar you and I own is collected and held). Next 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: They just gave us the answers we wanted. When will it become a foreign reserve currency? The answer is clear…That once they “delete 3 zeros” that will start the process (collection) to create the foreign reserves “they aspire to be part of.” As well we see they want to “give power” to the Iraqi currency internationally. Only a RV can accomplish this.

Kaperoni: Next article…

Kaperoni: Abtan: Iraq possessed 90 billion dollars in Central Bank reserves - Saturday, 03-09-11

Kaperoni: http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Fwww.ikhnews.com%2Fnews_view_19443.html

Kaperoni: Quote…

Kaperoni: “Saturday: "it is obvious that Iraq is capable of adopting the dinar as part of international reserves, especially large resource he possesses in the oil sector and over (80 to 90) billion dollars of Central Bank reserves and the positive impact on the Iraqi currency against the greenback and makes well-placed dinar as formerly among world currencies.”

Kaperoni: Wow! This quote is very powerful. They are saying the dinar will be very strong, have a positive impact against other currencies (causing them to be strong). More of the plan is coming out. Next quote…

Kaperoni: “The Central Bank adviser said in an earlier statement to the news agency of news "that 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 reserves and this needs to be a long time.”

Kaperoni: Again, same statement above. Clearly, this is factual and part of the plan.

Kaperoni: So now we need to confirm whether or not this is the plan. I think this next article confirms this…

Kaperoni: Central Bank: the dinar covered in hard currency and no fear upon the volatility of currencies of countries - 12/02/2012

Kaperoni: http://www.aladalanews.net/index.php?show=news&action=article&id=83138

Kaperoni: Quote…

Kaperoni: “Saleh said in a press statement on Saturday: The dinar today has become a strong and like a hard currency thanks to the policy of the central bank in control of the cash raised in the local market.”

Kaperoni: And this quote…

Kaperoni: “He pointed to: that the goal of central bank policy at the moment is the stability of the exchange rate of the dinar against the U.S. dollar , Our goal in the long run be equal to it being a process need to be a strong economy and inflation is low and a cash reserve large.”

Kaperoni: And this quote..

Kaperoni: “Jubouri said in an earlier statement: The approach undertaken by the central bank retention rate of the dinar against the dollar during the current indication that monetary policy in the country able to make the dinar equivalent of the U.S. dollar.”

Kaperoni: These 3 quotes…tell us the dinar is now (the CBI feels) a “hard currency.” That the goal is to make the dinar equal to the USD. Or 1 to 1. Therefore, we now see the rate. Not some foolish rate, but a rate comparable to the US dollar. It is also necessary to look at Wikipedia

Kaperoni: http://en.wikipedia.org/wiki/Hard_currency

Kaperoni: Quote…

Kaperoni: “Hard currency (also known as a safe-haven currency or strong currency), in economics, refers to a globally traded currency that is expected to serve as a reliable and stable store of value. Factors contributing to a currency's hard status might include the long-term stability of its purchasing power, the associated country's political and fiscal condition and outlook, and the policy posture of the issuing central bank.”

Kaperoni: This definition falls in line with the plan. What the other statement meant. What the plan is for the New Iraqi Dinar. Last article….

Kaperoni: The parliamentary economic: to delete the zeros of the Iraqi currency will increase the international credibility of - 03/09/2011

Kaperoni: http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Fwww.aknews.com%2Far%2Faknews%2F2%2F259979%2F

Kaperoni: Quote…

Kaperoni: “And at the same considered decision of the Economic Committee in the Iraqi parliament on Saturday, that the deletion of three zeros from the Iraqi currency will increase the confidence and international credibility in Iraqi currency, noting that the Central Bank of Iraq has a real strategy on the matter, noting that the Iraqi dinar will be the strongest in the Middle East.”

Kaperoni: Another quote confirming the plan. Confirming the desires of the CBI. And the objective regarding the upcoming RV. This event will “increase the confidence and international credibility in Iraqi currency”

Kaperoni: Next time someone gives you a huge bogus rate, show them the facts. Show them the desire of the Central Bank of Iraq. When you follow the facts, you get the real story.

Kaperoni: I hope it helps.

Kaperoni: Done.

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katie45
katie45

Kaperoni shows the facts - where the dinar will go...the plan for the New Iraq Dinar (and rate). 2/23/2012 Kaperoni: I thought I would try and put the pieces of the dinar puzzle together. Kaperoni:

Elixirbaby
Elixirbaby

Awesome. Can they do it next week? I think that would fit into my plans perfectly.

Joe P
Joe P

Riddle me this oh opinionated one. If the dinar is one penny less than the dollar, would any citizen in Iraq use it or any merchant want it? Since the answer is a resounding NO, the dinar will be at

RodandStaff Rookie

RodandStaff

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Awesome. Can they do it next week? I think that would fit into my plans perfectly. :lol:

Golly Gee Whiz.... what a coincidence Elixer... that will fit in my plans too... Amazing!!! laugh.gif

Come on boyz... git-r-dun!!!biggrin.gif

Thanks for the post Katie, and thanks Kaps... always breaking it down, greasing it up, reassembling it in quick fashion, and loading it for bear... marvelous! wink.gif

Come On RV Baby!!!cool.gif

While I agree that the plan is to make the IQD a reserve currency, as I have stated for over a year, I do not believe that the rate will be 1 : 1. We shall see.

Speculator... now come on buddy... don't leave us hanging there... splain yourself unsure.gif... do you thing lower than 1 to 1, or higher? What ya thinking? wink.gif

Come On RV Baby!!!cool.gif

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DAME1 Newbie

DAME1

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Thank you for this post!! This makes a lot of sense, and with everything that is going down today, I am probably going to have trouble sleeping tonight! I might have to count dinar's instead of sheep!! :lol:

Go RV!!!

:D:D:D

Love it :lol: :lol:

I'm still going with 1.17.... Now come on baby let's do it......

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Joe P Newbie

Joe P

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While I agree that the plan is to make the IQD a reserve currency, as I have stated for over a year, I do not believe that the rate will be 1 : 1. We shall see.

Riddle me this oh opinionated one.

If the dinar is one penny less than the dollar, would any citizen in Iraq use it or any merchant want it? Since the answer is a resounding NO, the dinar will be at least one penny higher so the country and citizens can move upward with their lives and economy.

Now that's a fact.

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tnt Newbie

tnt

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While I agree that the plan is to make the IQD a reserve currency, as I have stated for over a year, I do not believe that the rate will be 1 : 1. We shall see.

I agree with you. How the Iraqi dinar will be the strongest in the Middle East with a rate of 1:1?

“And at the same considered decision of the Economic Committee in the Iraqi parliament on Saturday, that the deletion of three zeros from the Iraqi currency will increase the confidence and international credibility in Iraqi currency, noting that the Central Bank of Iraq has a real strategy on the matter, noting that the Iraqi dinar will be the strongest in the Middle East.”

I don't understand.

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Joe P Newbie

Joe P

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Wow...finally after all these years to see all this good news coming out. Sure wish I was going to be here when it does actually pop, but ironically and sadly, my body is just giving out. At least my wife and the kids will be able to benefit from it.

Hang in there!!!

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DinarThug Newbie

DinarThug

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My mind says " Hey, I will!", but my body says "screw you!"

Hang In There Bro' ! ;)

Btw, I've Been Thinking About Changing My Ringtone To Yakety Sax - The Benny Hill Show's Theme Song ! :D

That Song Always Cracks Me Up + Reminds Me Of Benny Hill's Silent Skits In Fast Motion With That Music Playing !

Every Time I See Ur Benny Hill Avatar It Never Fails To Put A Smile On My Face ! :)

B) B) B)

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Tirebiter Newbie

Tirebiter

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Wow...finally after all these years to see all this good news coming out. Sure wish I was going to be here when it does actually pop, but ironically and sadly, my body is just giving out. At least my wife and the kids will be able to benefit from it.

pbrman71, I'm new here and don't know you like the longer term posters do, but I will keep you in my thoughts and prayers sir. I hope you are able to stay strong and see this through. Hang in there please and we'll hope the power of prayer and positive vibes, karma, or whatever will let you enjoy the ultimate outcome of this investment. In fact, screw the RV. I'll pray this thing takes years if it will keep you around waiting for it to happen.

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Saved Newbie

Saved

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Wow im impressed with that breakdown, thanks Kap and thanks for bringing that over Katie.

Ditto , I really enjoy reading what Kap says and how he always explains why he believes what he says

He helps keep my head from getting in the clouds when others predict a rate , Thanks Kap, +1 for you Katie

GO RV , GO BABY ! :P

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