ronscarpa Posted January 8, 2019 Report Share Posted January 8, 2019 1-7-2019 Intel Guru Frank26 Article: "Iran is moving to remove zeros from its currency and curb inflation" [IMO this is a lop.] CORRECT...THE COMPLETE OPPOSITE OF IRAQ'S RI..!!! THERE IS ALL THE REASON FOR THE IRANIAN RIAL TO LOP...AS THERE IS ALL REASON FOR THE IRAQI DINAR TO RD/RV/RI..!!! 1-7-2019 Newshound/Intel Guru Walkingstick Article: "Iran is moving to remove zeros from its currency and curb inflation" Comparing, apples- oranges... There are no comparable factors between Iraq/ Iran and why they have opted to RD their currencies.... The manner in which it will be employed and or the expectation of results after the fact...In short: Irans reasoning/ necessity due to inflation spiraling out of control, approaching hyperinflation...A factor non existent in Iraq... 1-7-2019 Intel Guru ADMINBILL Still hearing good things so don't be discouraged. Once again, until all of my contacts agree because they have proof in hand then we continue our watch. 1-7-2019 Intel Guru Frank26 ...NO ONE KNOWS THE DATE NOR RATE - UNTIL THE CBI POSTS IT...!! 1-7-2019 Intel Guru RayRen98 Reportedly, 4 of PM Madhi's Parliament ministers will be expelled due to their alleged activity with the government corruption. If so, that will leave 7 cabinet seats to be filled instead of 3.[Hmmmm, will it even make a difference? Time Will Tell] Iraqi TV broadcasts a Parliament spokesperson indicating that Tuesday's session will NOT produce a resolution for the remaining cabinet members because of the ongoing turmoil and submittal of the same names previously rejected... 1-7-2018 Newshound/Intel Guru Mnt Goat Why do I keep saying “reinstate” instead of “revalue”..? The CBI can’t revalue the dinar since it is not even yet on the global trading platforms. ...We must go by pure definition of what being traded means...To be “traded” means that the dinar can be bought and sold on the “open” global currency exchanges like other currencies. It also means that investors in currencies such as hedge funds, investment brokerages, etc, etc...can legally pick up the dinar and place them in portfolios such as 401K's, retirement funds, mutual funds, etc...The CBI itself tells me they must first “reinstate’ the dinar and in this process they expect a significant rate change. This process stems around the “project to delete the zeros”. They tell me this project must coincide closely with the reinstatement process. This is what we watch and wait for not a revaluation. 2 2 Quote Link to comment Share on other sites More sharing options...
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