Central Bank of the Process of Finalizing the Draft Raise Three Zeroes From the Iraqi Dinar

[MAMARABBIT02]

Apr 30 2011

Central Bank of the Process of Finalizing the Draft Raise Three Zeroes From the Iraqi Dinar

Palm – The Central Bank of Iraq, on Tuesday, he is about to finish the project raise three zeroes from the currency, noting that the project is considered strategic, and submitted to the Council of Ministers and legislators if completed.

The central bank adviser said the appearance of Mohammed Saleh during permit media raising project three zeros from the dinar is a strategic project and the Central Bank is in the process of finalizing the project, the idea of ​​theory into practice, and is nearing completion, and submitted to the Council of Ministers and Deputies.

The benefit that this project will reduce the cost of transactions and reduces the carry cash, he said, adding that Iraq is on the verge of producing 6 to 12 million barrels of oil and this will impact on the development and raise the value of the Iraqi dinar.

The adviser to the Iraqi Central Bank said the bank has achieved three things during the last stage, as the first building reserves from zero to $ 50 billion, within the past five years, reduce the price of the basic inflation from 34% to 4 or 3%, and achieved stability in the Iraqi dinar exchange.

He was adviser to the CBI the appearance of Mohammed Saleh, said in an interview earlier the bank’s readiness to delete the zeros of the Iraqi currency, pointing out that those zeros that are added to the Iraqi currency during the last period formed a cluster of large cash amounted to 27 trillion Iraqi dinars.

On the other hand, revealed adviser to the CBI, said Iraq enter for the first time a system of payments between banks has been the transition to electronic clearing away from the hand and entered into by the six banks and the exchange of instruments between banks electronically and will link the smart card and credit system with the Central Bank.

Continued by saying that the central bank would be three years after the so-called Council of the payments, which sets protocols and is the infrastructure of Iraq.

Previously, specialists Iraqis in the field of economics that played down the impact of the central bank to delete zeros from the currency the purchasing power of the Iraqi dinar, also hopes the government from behind the move, as the view of researchers that the cost of lifting of the zeroes will be the biggest of its usefulness, given that the currency’s strength is measured by the stability of disbursement which is based on the strength of the productive sector can provide goods and services.

http://dinartrade.org/central-bank-of-the-process-of-finalizing-the-draft-raise-three-zeroes-from-the-iraqi-dinar-2/

[paydirt]

Sounds like a GOOD THING... WOOOOT...!!!!

[1943confused]

I am confused, as I am signing up for the Vet site I see an ad from Sovergen Investors that are telling that the Dinar is a scam, how can I research the validity of thier statement?

[Zemaduvant]

Ya know there are soo many articles on this coming out, it seems like the dreaded LOP...i hope not, i really hope this is all smoke..

[Texhad]

Thank you for posting the article.

Hmmmmm...

Blessings,

Texhad

[rsskelton]

I am confused, as I am signing up for the Vet site I see an ad from Sovergen Investors that are telling that the Dinar is a scam, how can I research the validity of thier statement?

I did hours upon hours of research prior to geting into this (and I am pretty well invested. More than some, not nearly as much as others). I researched the info I got from many Sovergen Investors about it being a scam. After hours of grueling research , here is the cliff notes version of what I discovered. ......Scam? Pure Bull_ _ _ t!. Best investment I ever made.

Ya know there are soo many articles on this coming out, it seems like the dreaded LOP...i hope not, i really hope this is all smoke..

Simple misdirection my friend. There will be no lop for us. The initial rate may be lower than we would like (hope not) but this baby is gonna RV with no Lop. Hyperinflation in Iraq? LOL, wish the US had their inflation. Kinda hard to have a huge inflation rate w/ no money. Rest easy. This isn't just smoke. It's a blazing bonfire!

[Dalite]

I am confused, as I am signing up for the Vet site I see an ad from Sovergen Investors that are telling that the Dinar is a scam, how can I research the validity of thier statement?

No need for confusion.

This is an all night poker game that can go for years.

Don't put anything on the table that you can't walk away from.

Never invest more than you can afford to lose.

This is a high-risk investment capable of producing very high returns.

It is unlikely, looking 5 years down the road, that you will lose any money on the Dinar.

Again, there are risks involved. If you need to invest in your future, and need guarantees, consider a more traditional investment.

Everyone here will caution you to not put any more into the Dinar than you can afford to do without.

I would offer the same info to my friends and loved ones, and this is meant to be an honest and sincere response..

Having said all of the above, I am invested, and I am attempting to remain both patient and optimistic.

[skepticaldinar]

Ya know there are soo many articles on this coming out, it seems like the dreaded LOP...i hope not, i really hope this is all smoke..

From what we are being told,it will LOP in Iraq,but the notes that we hold will not be affected.

I am confused, as I am signing up for the Vet site I see an ad from Sovergen Investors that are telling that the Dinar is a scam, how can I research the validity of thier statement?

Pay it no attention. They are trying to draw your attention based on your interest on the subject.They will then attempt to gain your business in an unrelated field.

[leola]

-------WELL SAID BY BOTH SKELTON AND DALITE,,,,,I CONCUR...... TAKE THERE ADVICE

[dinarck]

From what we are being told,it will LOP in Iraq,but the notes that we hold will not be affected.

Pay it no attention. They are trying to draw your attention based on your interest on the subject.They will then attempt to gain your business in an unrelated field.

How would it LOP in Iraq but our bills won't be affected? I could see a civil war in Iraq after that. The people of Iraq have their money LOPPED while all the infidels around the world are made millionares. Sorry. Wishful thinking. If there is a RD it affects all notes period.

[JuryPicker]

How would it LOP in Iraq but our bills won't be affected? I could see a civil war in Iraq after that. The people of Iraq have their money LOPPED while all the infidels around the world are made millionares. Sorry. Wishful thinking. If there is a RD it affects all notes period.

Sorry I don't agree. The bulk of the peoples money will be on cards. They can adjust it as they see fit. Politicians and Investors will rake it in and the people will be poor. Count on it

[AkinNAUY]

I did hours upon hours of research prior to geting into this (and I am pretty well invested. More than some, not nearly as much as others). I researched the info I got from many Sovergen Investors about it being a scam. After hours of grueling research , here is the cliff notes version of what I discovered. ......Scam? Pure Bull_ _ _ t!. Best investment I ever made.

Simple misdirection my friend. There will be no lop for us. The initial rate may be lower than we would like (hope not) but this baby is gonna RV with no Lop. Hyperinflation in Iraq? LOL, wish the US had their inflation. Kinda hard to have a huge inflation rate w/ no money. Rest easy. This isn't just smoke. It's a blazing bonfire!

DITTO

[dinarck]

Sorry I don't agree. The bulk of the peoples money will be on cards. They can adjust it as they see fit. Politicians and Investors will rake it in and the people will be poor. Count on it

It says straight up on the smart card web site that only like 1.5 million smarts cards have been issued. Out of 30 million. It will take some time for everyone to get one. And besides, I thought the whole point was to bring the Iraqi people into the middle class quickly.

[skepticaldinar]

How would it LOP in Iraq but our bills won't be affected? I could see a civil war in Iraq after that. The people of Iraq have their money LOPPED while all the infidels around the world are made millionares. Sorry. Wishful thinking. If there is a RD it affects all notes period.

I think that perhaps you should realize what side of the fence I am on before saying wishful thinking... It is my wishful thinking that I will make a 2-3 x roi. You probably don't know what I believe as you have not had to debate with me since you and I are thinking the same thing as far as outcome. You haven't had to ask another member to borrow their research or "ammo for your arguements" I believe you personally call it,against me so you haven't noticed that my posts are in the RD camp.I said "By what we are being told"...The key is who hinted towards this recently?I don't think that by saying that another well respected member now believes this will be the case,qualifies it to be my thoughts. Or I could have just gotten nowhere by explaining to the member who asked the question that I believe we are going to rd and pointed out all of the facts and numbers that I have gained by my own research to back it up.Truth of the matter is, this isn't the debate to crown a champion site as it seems that you view it to be.We are all in this together and I hope that I am completely wrong about all signs pointing to an rd, and I pray that so many will have the opportunity to rub my nose in a great big pile of green!

[pleasantvalleySunday]

I am confused, as I am signing up for the Vet site I see an ad from Sovergen Investors that are telling that the Dinar is a scam, how can I research the validity of thier statement?

Don't be too confused. ... those are google ads and simply rotate based on key words like "dinar" .... if you were to follow the link you'll see that they are simply trying to get you to let them handle your investments .. actually a fairly cagey marketing ploy if you ask me ... knowing how many dinar sites use "google ads" they're sure to lure some in ... face it ---- to them we look like "investors of interest".

Thats my take anyway ... I'll be happy to be wrong if I am

pvS

[dinarck]

I think that perhaps you should realize what side of the fence I am on before saying wishful thinking... It is my wishful thinking that I will make a 2-3 x roi. You probably don't know what I believe as you have not had to debate with me since you and I are thinking the same thing as far as outcome. You haven't had to ask another member to borrow their research or "ammo for your arguements" I believe you personally call it,against me so you haven't noticed that my posts are in the RD camp.I said "By what we are being told"...The key is who hinted towards this recently?I don't think that by saying that another well respected member now believes this will be the case,qualifies it to be my thoughts. Or I could have just gotten nowhere by explaining to the member who asked the question that I believe we are going to rd and pointed out all of the facts and numbers that I have gained by my own research to back it up.Truth of the matter is, this isn't the debate to crown a champion site as it seems that you view it to be.We are all in this together and I hope that I am completely wrong about all signs pointing to an rd, and I pray that so many will have the opportunity to rub my nose in a great big pile of green!

OK I think maybe you need to calm down a little. My remarks were not even aimed at you. They were aimed at the "by what we are being told" people. I understood your post, you didn't understand mine. Yeah I asked for a link to information that I knew exsisted but could not find. So what. Not sure what you were trying to say there. Also I am not trying to be crowned champion of anything. I only point out what is obvious. In everyone of my post I hope that some one can bring logic and facts to prove me wrong. Beleive it or not I am not "skeptical" like some just need actual facts to back up what I am being told.

[The Last Polar Bear]

Everyone keeps saying this is all smoke and mirrors, their not going to lop because the country does not have hyperinflation, etc.... I'm scared that this is a lop. Sure, it may sound illogical to lop, or it might not make sense, but what does make sense over there? I absolutely do not want it to lop. I'd be really bummed out if that happened, but I also am a person who does not read into things too deep. The smoke and mirrors thing sounds really good and I hope to hell that it is the case, but why should I not believe the news articles and the speech where shabbs said they were working on removal of the three zeros? Dosent it make sense that they want to make money transactions easier for everyone? With a keystroke, reduce the 27 trillion dinar down to billions? I really did not want to post asking this, but why is everyone so sure that it will rv and not lop, when they are telling us they are removing 3 zeros? Hey....I'm optimistic and chant "go rv, go rv, go rv!" every day, but I'm also skeptical. Maybe if someone can tell me that this is exactly what kawait did after the gulf war, I can believe it a little more.

[dinarck]

Everyone keeps saying this is all smoke and mirrors, their not going to lop because the country does not have hyperinflation, etc.... I'm scared that this is a lop. Sure, it may sound illogical to lop, or it might not make sense, but what does make sense over there? I absolutely do not want it to lop. I'd be really bummed out if that happened, but I also am a person who does not read into things too deep. The smoke and mirrors thing sounds really good and I hope to hell that it is the case, but why should I not believe the news articles and the speech where shabbs said they were working on removal of the three zeros? Dosent it make sense that they want to make money transactions easier for everyone? With a keystroke, reduce the 27 trillion dinar down to billions? I really did not want to post asking this, but why is everyone so sure that it will rv and not lop, when they are telling us they are removing 3 zeros? Hey....I'm optimistic and chant "go rv, go rv, go rv!" every day, but I'm also skeptical. Maybe if someone can tell me that this is exactly what kawait did after the gulf war, I can believe it a little more.

People believe what they want to be true. Thing is nobody wants to believe these articles are not smoke.

[skepticaldinar]

OK I think maybe you need to calm down a little. My remarks were not even aimed at you. They were aimed at the "by what we are being told" people. I understood your post, you didn't understand mine. Yeah I asked for a link to information that I knew exsisted but could not find. So what. Not sure what you were trying to say there. Also I am not trying to be crowned champion of anything. I only point out what is obvious. In everyone of my post I hope that some one can bring logic and facts to prove me wrong. Beleive it or not I am not "skeptical" like some just need actual facts to back up what I am being told.

Well I must have taken you the wrong way. My apologies. I am not "skeptical" of the possibilities of Iraq's potential,I am that way from things like "smoke and mirrors" and "lots of missinformation coming out just prior to an RV".Things put into place to keep people holding on and possibly making an impulse buy when facts state that they should at least explore the possibilities of an alternative outcome from what they initially believed.

[dinarck]

Well I must have taken you the wrong way. My apologies. I am not "skeptical" of the possibilities of Iraq's potential,I am that way from things like "smoke and mirrors" and "lots of missinformation coming out just prior to an RV".Things put into place to keep people holding on and possibly making an impulse buy when facts state that they should at least explore the possibilities of an alternative outcome from what they initially believed.

Agreed. No problem

[RRSport]

It says straight up on the smart card web site that only like 1.5 million smarts cards have been issued. Out of 30 million. It will take some time for everyone to get one. And besides, I thought the whole point was to bring the Iraqi people into the middle class quickly.

Dinarck dont argue with an idiot