Kaperoni "the CBI is Revealing" Chat 3/6/2012

[NWGUY]

That is some good splaining Kappy! Makes things seem simple!

Lets go RV!!!

No offense to anyone here but this is one of the reasons why Kap won the d o u chebag award!!

Keep....did he put me together again?? Gosh, I gotta quit falling for this stuff!!

Thanks for keeping me straight my brother!

Go RV!

[keepmwlknfny]

That is some good splaining Kappy! Makes things seem simple!

Lets go RV!!!

Keep....did he put me together again?? Gosh, I gotta quit falling for this stuff!!

Thanks for keeping me straight my brother!

Go RV!

It does sound great though doesnt it?? I wish it was that simple....

[sonny1]

No offense to anyone here but this is one of the reasons why Kap won the d o u chebag award!!

sounds like someone has wood for kap.

[keepmwlknfny]

sounds like someone has wood for kap.

Yea i have a 2x4 to go upside his head maybe I can knock some sense into him.....

[sonny1]

Yea i have a 2x4 to go upside his head maybe I can knock some sense into him.....

i will agree, he sometimes reaches a tad, but all in all his breakdowns are pretty good.

i know you dont care for him, but he does makes sense in a lot of what he posts.

[keepmwlknfny]

i will agree, he sometimes reaches a tad, but all in all his breakdowns are pretty good.

i know you dont care for him, but he does makes sense in a lot of what he posts.

What exactly makes sense in this post?

[Shick]

Thanks Ron. Good read!

[Duckhead]

What exactly makes sense in this post?

I'm not a Lopster, BUT what Kap is using here as proof of "no lop" is proving exactly the opposite of his intentions. 1000:1 is a LOP. He's dead wrong.

[Bye the sea]

Remove the Zero's....then try to have a country function with a 1:1 as you leave yourself with a $60 Billion maximum money supply and float currency. ( This includes electronic non-monetary assets don't forget. )

Then tell a country with 31million people to function as they normally do....

As you watch as your country men sell more oil than ever before, be sure to watch the gauge of inflation, because the velocity of the money increase rapidly. It will be reminiscent of the World debt clock as it soars away...

Then, on top of that.....try not and honor the old three zero notes which have been your currency for years and years......

And as you and your family are being burned and hanged in the Baghdad square tell me how much you like the mindset of the Loppers and that 1:1 neutral event.......

It all boils down to money supply and the Loppers know it.

For all you true Dinarians, don't let the Loppers negative lifestyle and commentary influence you!

Regards all, bye the sea

Edited March 7, 2012 by Bye the sea

[sonny1]

What exactly makes sense in this post?

well you have to understand that unlike you i think it will reval. lol

first they do use raise instead of delete the zeros, i also believe this is to stop confusion to the locals, delete = lop raise= rv to me.

second i full agree that they will reval at $1.00 and that is the first step of there reval process.

third reval adds confidence, a lop does the opposite, that to me is a fact.

i could go on and on, i do feel he confuses the exchange rate that he was trying to compare.

see you are so sold on a rd, that it is really hard to chat with you guys, ou know what will happen just as much as i know. that equals that neither one of us knows. though to me rd'ing makes no-sense, as much as you rd'ers think that iraq will pay for this, they wont pay a penny.....

hows your daughter?

[HopefulTxn]

well you have to understand that unlike you i think it will reval. lol

Here's a question - do you believe what Kaperoni is stating is accurate? Or do you think that he is describing the opposite of what we, as speculators, want to have happen?

[Brisco]

It is translations like this that entice people to buy more or reserve more dinar.

No wonder Dinar Banker and the sellers give Kap and them spiffs

[sonny1]

Here's a question - do you believe what Kaperoni is stating is accurate? Or do you think that he is describing the opposite of what we, as speculators, want to have happen?

i think he confuses some of what he is explaining, i do think he is real good though at explaining most of what he is trying to explain, if that makes sense...

[easyrider]

well you have to understand that unlike you i think it will reval. lol

first they do use raise instead of delete the zeros, i also believe this is to stop confusion to the locals, delete = lop raise= rv to me.

second i full agree that they will reval at $1.00 and that is the first step of there reval process.

third reval adds confidence, a lop does the opposite, that to me is a fact.

i could go on and on, i do feel he confuses the exchange rate that he was trying to compare.

see you are so sold on a rd, that it is really hard to chat with you guys, you know what will happen just as much as i know. that equals that neither one of us knows. though to me rd'ing makes no-sense, as much as you rd'ers think that iraq will pay for this, they wont pay a penny.....

hows your daughter?

of course an Rd doesnt make sense. why would it? if there currency LOPS, guess what? so does their reserves!!! do you think that is really gonna happen, yea right. This is why i dont believe they will LOP bottom line. To RD right now would be utter sucide now if they would have did it years ago i could see it but to just come out and RD aint gonna happen not right now IMHO.

Edited March 7, 2012 by easyrider

[keepmwlknfny]

It all boils down to money supply and the Loppers know it.

Your right, it does......and having a money supply of 60 plus trillion dinar at a equal value to the USD wont happen.....it has to be reduced first....

[sonny1]

of course an Rd doesnt make sense. why would it? if there currency LOPS guess what? so does their reserves!!! do you think that is really gonna happen, yea right. This is why i dont believe they will LOP bottom line. To RD right now would be utter sucide now if they would have did it years ago i could see it but to just come out and RD aint gonna happen not right now IMHO.

i couldn't agree more

[easyrider]

i couldn't agree more

Also NOT only the reserves that factor in on it plus its a pride thing with Arabs they would look like a complete joke to LOP in front of their neighbors, with Iraq trying to re- emerge as a strong nation i just dont see it IMHO.

Edited March 7, 2012 by easyrider

[Bye the sea]

Your right, it does......and having a money supply of 60 plus trillion dinar at a equal value to the USD wont happen.....it has to be reduced first....

Read the whole post. it can't happen as you would like many to believe. Taking people out of context can be a weapon many use to prove many things. People try that with the Bible all the time.

If you read and comment on the entire post you should be able to grasp the meaning of what is coming, and it is not just a small change in the currency, it will be big.

[keepmwlknfny]

well you have to understand that unlike you i think it will reval. lol

first they do use raise instead of delete the zeros, i also believe this is to stop confusion to the locals, delete = lop raise= rv to me.

second i full agree that they will reval at $1.00 and that is the first step of there reval process.

third reval adds confidence, a lop does the opposite, that to me is a fact.

i could go on and on, i do feel he confuses the exchange rate that he was trying to compare.

see you are so sold on a rd, that it is really hard to chat with you guys, ou know what will happen just as much as i know. that equals that neither one of us knows. though to me rd'ing makes no-sense, as much as you rd'ers think that iraq will pay for this, they wont pay a penny.....

hows your daughter?

I know it will revalue.....just a matter of which way they do it.....

I do agree that they at least want the dinar on par with the USD.....wont happen overnight if they decide not to RD first, but it will gradually make its way up.....

I dont see how a lop loses confidence though when it strengthens the currency.....Im not sold on a RD, I just refuse to call it a duck when its really a rabbit

My daughter is doing great!! For now of course lol....all she does is sleep and eat....at least when Im awake hahaha momma gets her at night so I can get up in the morning!

Read the whole post. it can't happen as you would like many to believe. Taking people out of context can be a weapon many use to prove many things. People try that with the Bible all the time.

If you read and comment on the entire post you should be able to grasp the meaning of what is coming, and it is not just a small change in the currency, it will be big.

So why is it that it absolutely cant happen the way the CBI is actually saying it will go down?? Please enlighten me....

[Bye the sea]

Posted again since I was taken out of context and my comments looked as if I believe in the minimalist or so-called neutral event:

Remove the Zero's....then try to have a country function with a 1:1 as you leave yourself with a $60 Billion maximum money supply and float currency. ( This includes electronic non-monetary assets don't forget. )

Then tell a country with 31million people to function as they normally do....

As you watch as your country men sell more oil than ever before, be sure to watch the gauge of inflation, because the velocity of the money increase rapidly. It will be reminiscent of the World debt clock as it soars away...

Then, on top of that.....try not and honor the old three zero notes which have been your currency for years and years......

And as you and your family are being burned and hanged in the Baghdad square tell me how much you like the mindset of the Loppers and that 1:1 neutral event.......

It all boils down to money supply and the Loppers know it.

For all you true Dinarians, don't let the Loppers negative lifestyle and commentary influence you!

Regards all, bye the sea

Edited March 7, 2012 by Bye the sea

[keepmwlknfny]

of course an Rd doesnt make sense. why would it? if there currency LOPS, guess what? so does their reserves!!!

Easy, their reserves are made of USD, Euro and one other currency....those are not affected by the dinar....

Posted again since I was taken out of context and my comments looked as if I believe in the minimalist or so-called neutral event:

Remove the Zero's....then try to have a country function with a 1:1 as you leave yourself with a $60 Billion maximum money supply and float currency. ( This includes electronic non-monetary assets don't forget. )

Then tell a country with 31million people to function as they normally do....

As you watch as your country men sell more oil than ever before, be sure to watch the gauge of inflation, because the velocity of the money increase rapidly. It will be reminiscent of the World debt clock as it soars away...

Then, on top of that.....try not and honor the old three zero notes which have been your currency for years and years......

And as you and your family are being burned and hanged in the Baghdad square tell me how much you like the mindset of the Loppers and that 1:1 neutral event.......

It all boils down to money supply and the Loppers know it.

For all you true Dinarians, don't let the Loppers negative lifestyle and commentary influence you!

Regards all, bye the sea

I read your whole post lol.....you are still right, it boils down to the money supply but your thinking for the wrong reasons....

[easyrider]

Hard cash reserves ‘more than $60 billion,’ says Iraqi Central Bank

By Khayoun Saleh

Azzaman, February 2, 2012

The coffers of the central bank brim with hard cash from the country’s oil sales, a senior bank official said.

The official, Mudher Saleh, a bank’s consultant, said the country’s hard cash reserves “are more than $60 billion” and are more than enough to cover for the total vlume of national currency currently in circulation.

“The Central Bank’s reserves go beyond $60 billion and are the highest in the country’s history,” Saleh said.

Saleh made the remarks following a surge in demand for the greenback, fueled mainly by sanctions on neighboring Syria and Iran.

Iraqi traders are reported to be cashing in on trade with both countries as demand for Iraq-bound commodities has surged recently.

Nonetheless, Saleh said the Central Bank was determined to meet demand for dollars and was aware at the same time of the fact that the surge was mainly due to international restrictions on trade on the two countries.

He said the bank’s massive reserves have strengthened the national currency, the dinar, and that external trade with the dinar as the currency of choice was on the increase.

Saleh said the bank had no problems selling dollars in return for dinars. This preparedness, he said, has boosted confidence in the local currency.

Trade flow between Iraq on the one hand and Iran and Syria on the other has skyrocketed recently.

Iraq is the destination for Iranian and Syrian goods while the two countries meet part of their demand for sanctioned goods through Iraq.

The Central Bank holds a daily auction of hard cash in which on average $200-250 million dollars are exchanged for dinars every day.

http://www.azzaman.c...-02-02\kurd.htm

This sounds to me like they have been removing the dinar from circulation to make a statement like that, why would they be selling dollars in return for dinars if they were gonna LOP? pleas answer me that just doesnt make sense to me i must be missing something.

Edited March 7, 2012 by easyrider

[Bye the sea]

I read your whole post lol.....you are still right, it boils down to the money supply but your thinking for the wrong reasons....

That's what I thought. You don't have an answer a 60 Billion dinar money supply which services a budget of 100 Billion and some 31 million people. You just tell me I the wrong reasons. Talk about Lol.

Plus, you may have read my post, but you did not quote me accurately, and you tried to make my comments appear other than what they were.

Time for a walk on the beach with the wife. Nite all

Edited March 7, 2012 by Bye the sea

[HopefulTxn]

i think he confuses some of what he is explaining, i do think he is real good though at explaining most of what he is trying to explain, if that makes sense...

Do you agree with Kaperoni that it is a 'good thing' that they are talking about exchanging old for new at 1000:1?

[keepmwlknfny]

That's what I thought. You don't have an answer a 60 Billion dinar money supply which services a budget of 100 Billion and some 31 million people. You just tell me I the wrong reasons. Talk about Lol.

Plus, you may have read my post, but you did not quote me accurately, and you tried to make my comments appear other than what they were.

Time for a walk on the beach with the wife. Nite all

I was trying a different approach....so i didnt come off as an ass lol....wanted to hear your reasoning. They are running off of a 60+billion DOLLAR money supply now and that would stay the same with a redenomination.....so where is the issue??

Another thing....the country does not fund their budget with the money supply.....the budget is funded through the oil revenues....thats what runs the country.....thats why you are wrong but instead of just sayin it i was gonna lead you to the right conclusion....