VIPER51 DINAR INFO

[viper51]

This is based on recent presentations to the Iraqi people of how the new denominations will be introduced into the Iraqi monetary system. Some of the following information some of us may have already heard in bits but It explains how this will work and I think it is worth passing on.

This information comes from the Office of the Iraqi Finance Minister and the CBI Advisory Panel. The CBI and Iraq Finance Minister plan to increase the value of the Iraqi Dinar and at the same time introduce the new smaller denominations by the end of 2010. They plan to fully introduce the new smaller denominations with the old dinar notes still in circulation and will gradually remove the old notes from circulation which are the 000 notes many of us hold now with the possible exception of the 1000 dinar note. Both the OLD AND THE NEW SMALLER DINAR NOTES WILL COEXIST FOR AN EXTENDED PERIOD OF TIME to maintain the stability of the economy and to help limit confusion. THE OLD AND THE NEW WILL BE LEGAL TENDER until the current bank notes to be removed are all removed from circulation. No time limit on this removal procedure has been mentioned. The new denominations are 1/4, 1/2, 1, 5, 10, and 25 dinar notes and possibly 1/10 and 1/20 notes or coins. The implementation of the new denominations points to a positive increase in the VALUE OF THE DINAR. Arinai also advises there is the possiblity the RV MAY NOT HAPPEN UNTIL AFTER THE NEW SMALLER DENOMINATIONS ARE RELEASED AND IN CIRCULATION ACCORDING TO THE CBI ADVISORY PANEL. So when we see the smaller notes being released we will KNOW THE RV IS NOT FAR BEHIND. The Office of the Iraq Finance Minister said IRAQ IS HELD TO support IT'S CURRENCY AT HOME AND AROUND THE WORLD AT THE SAME VALUE and not to elude a further increase or decrease of the dinar according to the Iraqi Economy AFTER REVALUATION HAS OCCURRED. In ending the PANEL said ALL CURRENCY WAS ISSUED WITH AN OBLIGATION TO HONOR IT - ALL OF IT - NOT JUST CERTAIN DENOMINATIONS.

I don't know about you guys but this info has answered some questions for me and shines some light on what we need to watch for on the coming of the RV. At any rate this is solid info and I hope it helps ease some worries some of us may have. I'm really feeling good about this deal and I will continue to do my best with the help of my good friend Arinai to bring you all the GOOD NEWS I CAN. Keep the faith family and we will talk later.

Edited November 2, 2010 by viper51

[waterman13]

sounds good to me.

[syzygy]

great info...thanks

[fatbob]

Sweet!

[geoyachtsus]

Thanks for sharing this viper51

[dee77]

thx

[buckwheat]

Excellent Info. Thank you very much

[Guest marketralley]

thank you very very much

[brichards513]

As always Viper51 - Thanks for sharing and keeping the positive information flowing to your friends and followers here on DV. God Bless!

[RobertD]

This is grrrrreat news!

[nashdinar]

Was this taken from several articles/websites or from one?? I have read and heard the end of year sevral times on the removal of larger notes. Things have changed so many times I can't believe much of this anymore. I do appreciate your post but would like to know how recent this information is and how you pieced it together. I have not heard the part about smaller denoms being released before an RV. Very interesting. Thanks for your post and feedback. GO RV!!

[gpnhmiller]

Great post Viper!

[syzygy]

I just hope there won't be a small window of opportunity to cash in the 000 bills ie. 2 weeks or less

[SteveI]

Greetings. I could use your input on this one please. This was reported just recently:

Could or would you kindly provide your input on the validly of their intentions? This would be so much appreciated and help put this to rest for now.

Thank you and God Bless. We are all so thankful you are here provided your input and thoughts to this complex mess.

Iraq: A Committee will be formed to achieve economic objectives i.e. Deletion of Zero’s

Posted: November 1, 2010

Central Bank will have the task of formulating monetary policy for the country while the Ministry of Finance of fiscal policy management functions and affairs of the country on public budgets in both its operational and investment.

Both machines, the two governments finance if strongly and go hand in hand in their plans and their policies with a view to the success of the economic objective and the achievement of development rates and curb inflation, and any intersection or otherwise in the visions of economic and lead to an imbalance in the processes of balance and making the financial policies and may create disturbances at the level of control on a platform of the country’s economic and growth plans and thus reflected in the standards of living due to the instability of the value of the currency.

Volatility constantly about the goods and services undermines the aspirations and objectives of both sides, so it is careful to match the paths of fiscal and monetary gives fruit and increases the strength of the economy and after a lot of lapses and crises that might occur due to intersections in the two policies fiscal and monetary.

The deletion of zeros on the Iraqi currency, for example, raises varied views and heated disputes regarding the lack of a suitable climate for the step and it’s a step will not add anything to the currency’s strength or contribute to the financial stability required in addition to the need for money for the printing of new currency as well as with respect to the accounts losses and disputes, expected to accompany this project.

This we believe the axioms are well known to anyone except what is needed is a uniformity of thinking and the need for advanced preparation of the draft. [because it is a} fact that [iraqi's should] no longer {require} trucks capable of [for] carrying. There are significant losses in the area of preference for the dollar, even if purchased at a price greater than the prices traded. As well as a depletion of physical processes constant due to rupture of the banknotes and replace it in these terms.

A committee will be formed of specialists from the Council of Ministers and Central Bank and the Ministry of Finance and Banking experts and academics to create and prepare the project and benefit from the experiences of other countries proceeded to step, such as Turkey and the countries in Latin America and other countries in the world had previously taken steps similar to what we may be in the future.

ttp://bit.ly/cR8TAi

Edited November 2, 2010 by SteveI

[RicknSaudi]

This is based on recent presentations to the Iraqi people of how the new denominations will be introduced into the Iraqi monetary system. Some of the following information some of us may have already heard in bits but It explains how this will work and I think it is worth passing on.

This information comes from the Office of the Iraqi Finance Minister and the CBI Advisory Panel. The CBI and Iraq Finance Minister plan to increase the value of the Iraqi Dinar and at the same time introduce the new smaller denominations by the end of 2010. They plan to fully introduce the new smaller denominations with the old dinar notes still in circulation and will gradually remove the old notes from circulation which are the 000 notes many of us hold now with the possible exception of the 1000 dinar note. Both the OLD AND THE NEW SMALLER DINAR NOTES WILL COEXIST FOR AN EXTENDED PERIOD OF TIME to maintain the stability of the economy and to help limit confusion. THE OLD AND THE NEW WILL BE LEGAL TENDER until the current bank notes to be removed are all removed from circulation. No time limit on this removal procedure has been mentioned. The new denominations are 1/4, 1/2, 1, 5, 10, and 25 dinar notes and possibly 1/10 and 1/20 notes or coins. The implementation of the new denominations points to a positive increase in the VALUE OF THE DINAR. Arinai also advises there is the possiblity the RV MAY NOT HAPPEN UNTIL AFTER THE NEW SMALLER DENOMINATIONS ARE RELEASED AND IN CIRCULATION ACCORDING TO THE CBI ADVISORY PANEL. So when we see the smaller notes being released we will KNOW THE RV IS NOT FAR BEHIND. The Office of the Iraq Finance Minister said IRAQ IS HELD TO support IT'S CURRENCY AT HOME AND AROUND THE WORLD AT THE SAME VALUE and not to elude a further increase or decrease of the dinar according to the Iraqi Economy AFTER REVALUATION HAS OCCURRED. In ending the PANEL said ALL CURRENCY WAS ISSUED WITH AN OBLIGATION TO HONOR IT - ALL OF IT - NOT JUST CERTAIN DENOMINATIONS.

I don't know about you guys but this info has answered some questions for me and shines some light on what we need to watch for on the coming of the RV. At any rate this is solid info and I hope it helps ease some worries some of us may have. I'm really feeling good about this deal and I will continue to do my best with the help of my good friend Arinai to bring you all the GOOD NEWS I CAN. Keep the faith family and we will talk later.

Thanks for this uplifting post Viper. I'm assuming this is the same video that was in question last week? Glad you finally had your man look at this. "By the end of 2010" ....That's great news! Let's just get that gov seated and I feel we won't have to wait that long.

[viper51]

Was this taken from several articles/websites or from one?? I have read and heard the end of year sevral times on the removal of larger notes. Things have changed so many times I can't believe much of this anymore. I do appreciate your post but would like to know how recent this information is and how you pieced it together. I have not heard the part about smaller denoms being released before an RV. Very interesting. Thanks for your post and feedback. GO RV!!

As I said some of us have heard some of this before but I have never had info on how they are going to do it until tonight. I actually got this news from my hero in Baghdad. We call him Arinai and I will leave it at that. If all goes well and we have a BIG GET TOGETHER after the RV Arinai will be there if you would like to meet him. I would like to add that he has NEVER BEEN WRONG on any of his information. Alot of times he gives me info that the media has not got here yet and you can ask around about that. Keep the faith, it will happen.

[thack70]

Thanks for the post, Viper! Go RV!

[rwharnden]

Nice! I like it!

[ProPlayr]

Here is a link..

http://www.articlesbasecom/sales-articles/re-denomination-f-the-iraqi-dinar-2964841.html

[paramedic_usa]

As always viper you show us your a class act!!!!!!

Sign me up to meet this man, I want to shake his hand!!!!!

[viper51]

Greetings. I could use your input on this one please. This was reported just recently:

Could or would you kindly provide your input on the validly of their intentions? This would be so much appreciated and help put this to rest for now.

Thank you and God Bless. We are all so thankful you are here provided your input and thoughts to this complex mess.

Iraq: A Committee will be formed to achieve economic objectives i.e. Deletion of Zero’s

Posted: November 1, 2010

Central Bank will have the task of formulating monetary policy for the country while the Ministry of Finance of fiscal policy management functions and affairs of the country on public budgets in both its operational and investment.

Both machines, the two governments finance if strongly and go hand in hand in their plans and their policies with a view to the success of the economic objective and the achievement of development rates and curb inflation, and any intersection or otherwise in the visions of economic and lead to an imbalance in the processes of balance and making the financial policies and may create disturbances at the level of control on a platform of the country’s economic and growth plans and thus reflected in the standards of living due to the instability of the value of the currency.

Volatility constantly about the goods and services undermines the aspirations and objectives of both sides, so it is careful to match the paths of fiscal and monetary gives fruit and increases the strength of the economy and after a lot of lapses and crises that might occur due to intersections in the two policies fiscal and monetary.

The deletion of zeros on the Iraqi currency, for example, raises varied views and heated disputes regarding the lack of a suitable climate for the step and it’s a step will not add anything to the currency’s strength or contribute to the financial stability required in addition to the need for money for the printing of new currency as well as with respect to the accounts losses and disputes, expected to accompany this project.

This we believe the axioms are well known to anyone except what is needed is a uniformity of thinking and the need for advanced preparation of the draft. [because it is a} fact that [iraqi's should] no longer {require} trucks capable of [for] carrying. There are significant losses in the area of preference for the dollar, even if purchased at a price greater than the prices traded. As well as a depletion of physical processes constant due to rupture of the banknotes and replace it in these terms.

A committee will be formed of specialists from the Council of Ministers and Central Bank and the Ministry of Finance and Banking experts and academics to create and prepare the project and benefit from the experiences of other countries proceeded to step, such as Turkey and the countries in Latin America and other countries in the world had previously taken steps similar to what we may be in the future.

ttp://bit.ly/cR8TAi

Steve, after the info I got tonight I DO NOT think they will delete zeros at all. I now think when they say this they are really talking about taking them out of circulation. You can't just say the 000 notes are deleted or no good. They HAVE TO HONOR THEM REGUARDLESS. They will put the new denominations in circulation with the old ones and remove the old 000 notes gradually. It now makes perfect since to me and this is the only logical way to do it without to much turmoil and confusion.

[AFvet]

Sounds good to me! Goes along with what has been previously posted.

RV...anyday!

[SteveI]

Steve, after the info I got tonight I DO NOT think they will delete zeros at all. I now think when they say this they are really talking about taking them out of circulation. You can't just say the 000 notes are deleted or no good. They HAVE TO HONOR THEM REGUARDLESS. They will put the new denominations in circulation with the old ones and remove the old 000 notes gradually. It now makes perfect since to me and this is the only logical way to do it without to much turmoil and confusion.

Thank you for your prompt response. That is what my partner in Baghdad told me. I believe this is an overall better solution to re-establishing the currency for starters. God Bless and thank you again.

[dbl dinar]

Thanks for the post Viper.

[dollarsense]

Thanks Viper once again