JMULS31 Posted April 15, 2013 Report Share Posted April 15, 2013 4-15-2013 Newshound Guru Kaperoni Now, what we care about is the physical paper currency..which appears to retain it's face value...as stated differently. It is not saying "conversion" in this case, but "reductase" (or reduce) (4) trillion banknote currently in circulation (2.8) billion and banknotes. This supports the "collection of dinar" we have stated has been going on for some time and the "lack of liquidity" in banks, etc. Therefore, the physical paper dinar will retain it's printed face value...25,000 dinar is 25,000 dinar. 4-15-2013 Newshound Guru Kaperoni Article quote: "Advantages deletion of zeros from the Iraqi currency first: the horizontal level: delete the three zeroes mean conversion (30) trillion dinars (30) billion dinars. Second: the vertical plane: restructuring and currency composition means reductase (4) trillion banknote currently in circulation (2.8) billion and banknotes." If you read that statement carefully, it appears that the 30 trillion to 30 billion is a "conversion" which is a redenomination or LOP or zeros off the electronic accounts. Example if you have 1000 dinars in an account, it will become 1 dinar. This substancially reduces the "in country" money supply in electronic form. 2 Link to comment Share on other sites More sharing options...
idplzr Posted April 15, 2013 Report Share Posted April 15, 2013 So what he's saying is that those with a bank account in Iraq lose out and those who carry cash win. I think he's waaaaaaaay off base on that if I read his thoughts right. Link to comment Share on other sites More sharing options...
coolbeans Posted April 15, 2013 Report Share Posted April 15, 2013 Ok so if we lop then let it raise on the open market we could see some good profit! Maybe 500% or more! So what he's saying is that those with a bank account in Iraq lose out and those who carry cash win. I think he's waaaaaaaay off base on that if I read his thoughts right. No those with cash would also see that value. That means your 25,000 note would be = to 25 dinar. And if the value of the dinar goes up to 1 usd your 25 dinar note would be worth $25 and we would break even (maybe) Link to comment Share on other sites More sharing options...
JMULS31 Posted April 15, 2013 Author Report Share Posted April 15, 2013 What hes saying doesnt make sense, but I really hope hes right. Hopefully will find out within the next month or two. Link to comment Share on other sites More sharing options...
10 YEARS LATER Posted April 15, 2013 Report Share Posted April 15, 2013 Control the Horizontal & the Vertical - at that point I knew I was visiting the Outer Limits. At some point someone will be correct about all this. It could be Kap, it's been a bizarre trip so why not. That's fine, just RV, I'll see where it goes, then nobody will see where I goes (go). Thanks JMULS 1 Link to comment Share on other sites More sharing options...
umbertino Posted April 15, 2013 Report Share Posted April 15, 2013 (edited) Ok so if we lop then let it raise on the open market we could see some good profit! Maybe 500% or more! No those with cash would also see that value. That means your 25,000 note would be = to 25 dinar. And if the value of the dinar goes up to 1 usd your 25 dinar note would be worth $25 and we would break even (maybe) Years and years and years ( and years..) and... MAYBE.......just maybe... we might break even... Sublime...What else one could ask for..... I know, I know....Only death & taxes are a sure thing....... Edited April 15, 2013 by umbertino Link to comment Share on other sites More sharing options...
puckster_guy Posted April 15, 2013 Report Share Posted April 15, 2013 All the old lop articles are new again....I smell a red herring 2 Link to comment Share on other sites More sharing options...
kid4dinar Posted April 15, 2013 Report Share Posted April 15, 2013 What he is saying is goods that they buy cost 25,000 IQD. The new value they can buy same goods with 25 IQD. Therefore trade in your 25,000 IQD notes and receive 1000 new 25 IQD notes for each. Then it could rise with great value. 1st 1:1 ratio then LOOKOUT!!! That's how I see it. 5 Link to comment Share on other sites More sharing options...
DinarThug Posted April 15, 2013 Report Share Posted April 15, 2013 4-15-2013 Newshound Guru Kaperoni Now, what we care about is the physical paper currency..which appears to retain it's face value...as stated differently. It is not saying "conversion" in this case, but "reductase" (or reduce) (4) trillion banknote currently in circulation (2.8) billion and banknotes. This supports the "collection of dinar" we have stated has been going on for some time and the "lack of liquidity" in banks, etc. Therefore, the physical paper dinar will retain it's printed face value...25,000 dinar is 25,000 dinar. 4-15-2013 Newshound Guru Kaperoni Article quote: "Advantages deletion of zeros from the Iraqi currency first: the horizontal level: delete the three zeroes mean conversion (30) trillion dinars (30) billion dinars. Second: the vertical plane: restructuring and currency composition means reductase (4) trillion banknote currently in circulation (2.8) billion and banknotes." If you read that statement carefully, it appears that the 30 trillion to 30 billion is a "conversion" which is a redenomination or LOP or zeros off the electronic accounts. Example if you have 1000 dinars in an account, it will become 1 dinar. This substancially reduces the "in country" money supply in electronic form. Fwiw, Here Is Kaperoni's First Quote Which Was Not In The Original Post ! 4-15-2013 Newshound Guru Kaperoni The removing of zeros is removal of them from the street/marketplace. It is not off the notes. So YES, they stating they are beginning to remove the zeros is a good thing and what we want to see. The more 3 zero dinar they get off the streets the better..that will force them to begin raising the exchange rate and introduce the new lower bills. - CNN 2 Link to comment Share on other sites More sharing options...
coolbeans Posted April 15, 2013 Report Share Posted April 15, 2013 Fwiw, Here Is Kaperoni's First Quote Which Was Not In The Original Post ! 4-15-2013 Newshound Guru Kaperoni The removing of zeros is removal of them from the street/marketplace. It is not off the notes. So YES, they stating they are beginning to remove the zeros is a good thing and what we want to see. The more 3 zero dinar they get off the streets the better..that will force them to begin raising the exchange rate and introduce the new lower bills. - CNN B) Ok thats better. 3 Link to comment Share on other sites More sharing options...
Zebra0101 Posted April 15, 2013 Report Share Posted April 15, 2013 and we wait...................................... 1 Link to comment Share on other sites More sharing options...
katersue Posted April 15, 2013 Report Share Posted April 15, 2013 So much speculation and assumptions. Link to comment Share on other sites More sharing options...
NWGUY Posted April 15, 2013 Report Share Posted April 15, 2013 Fwiw, Here Is Kaperoni's First Quote Which Was Not In The Original Post ! 4-15-2013 Newshound Guru Kaperoni The removing of zeros is removal of them from the street/marketplace. It is not off the notes. So YES, they stating they are beginning to remove the zeros is a good thing and what we want to see. The more 3 zero dinar they get off the streets the better..that will force them to begin raising the exchange rate and introduce the new lower bills. - CNN B) That is my exact interpetation also. They are just pulling in the large notes, and replacing them with lower denomination, or they will also have access to the smart cards, should they have any faith at all, in the banking systems. Go RV or RI !!!! 2 Link to comment Share on other sites More sharing options...
umbertino Posted April 15, 2013 Report Share Posted April 15, 2013 and we wait...................................... We've been highly trained for that..... Link to comment Share on other sites More sharing options...
RVPleaseToday Posted April 15, 2013 Report Share Posted April 15, 2013 "What he is saying is goods that they buy cost 25,000 IQD. The new value they can buy same goods with 25 IQD.Therefore trade in your 25,000 IQD notes and receive 1000 new 25 IQD notes for each" So they are going to increase the value of the $25 note 1000x and then give you 1000 of them? 1 1 Link to comment Share on other sites More sharing options...
gainesm Posted April 15, 2013 Report Share Posted April 15, 2013 I find Kaperoni's assessment to be highly improbable - but, I can understand why he would want to see it that way. 1 Link to comment Share on other sites More sharing options...
Goeers Posted April 15, 2013 Report Share Posted April 15, 2013 They got us right where they want us.................... Link to comment Share on other sites More sharing options...
doctor robbins Posted April 15, 2013 Report Share Posted April 15, 2013 What hes saying doesnt make sense, but I really hope hes right. Hopefully will find out within the next month or two. None of these guru theories make sense. The only thing that makes sense is what nobody wants to talk about. Link to comment Share on other sites More sharing options...
Tubbs Posted April 16, 2013 Report Share Posted April 16, 2013 What he is saying is goods that they buy cost 25,000 IQD. The new value they can buy same goods with 25 IQD. Therefore trade in your 25,000 IQD notes and receive 1000 new 25 IQD notes for each. Then it could rise with great value. 1st 1:1 ratio then LOOKOUT!!! That's how I see it. I don't know if this is right But I like it Go RV Link to comment Share on other sites More sharing options...
sandfly Posted April 16, 2013 Report Share Posted April 16, 2013 RV IT Link to comment Share on other sites More sharing options...
greeneyedlady Posted April 16, 2013 Report Share Posted April 16, 2013 I like this comment: "including the law which guarantees debt to the creditor the right amount condemned after the deletion of zeros." Link to comment Share on other sites More sharing options...
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