Sonny1 drive by 10/11/11 AM

[Dinarkicker]

9:33 AM [sonny1] morning all

9:34 AM [Dinarkicker] sonny1 morning

9:34 AM [sonny1] few things today

9:34 AM [kim67] sonny1 morning

9:34 AM [Yrral] How is this good for us?

9:34 AM [Lacey] sonny1 GM

9:34 AM [reconn] sonny1 morning

9:34 AM [sonny1] first it looks like iraqs auctions have dried up the circulated dinar to 4 trillion only

9:35 AM [sonny1] i cant cut and paste, but read the inflation article in the news forum 9:36 AM [sonny1] if someone could cut and paste it, that would help. thanks

9:36 AM [sonny1] there auctions have sucked back in trillions and trillions back to shabbs

9:37 AM [sonny1] drying the banks up, selling them a soon to be less valued currency(usd) for a more powerful currency (dinar)

9:37 AM [RDP_62] yea!!!!!!!!!!!

9:37 AM [sonny1] it makes a lot of sense for them to do this

9:38 AM [reconn] sonny1 ..is this where the hype comes in that when the auctions stop the dinar rv's...?

9:38 AM [Dinarkicker] sonny1 whats the title of the article please

9:38 AM [sonny1] it would fight corruption from the banks, shabbs has to worry about the banks stealing from themselves, so get as much dinar back as they can, for usd, a currency that will be worth less, but still used

9:39 AM [sonny1] Dinarkicker inflation under control

9:39 AM [sonny1] reconn the auctions are a iraq inter-bank trading rate

9:40 AM [reconn] sonny1 okay, thanks...

9:40 AM [sonny1] not the trade rate, it could rv on an auction day, not sayin it will but it could

9:40 AM [reconn] sonny1..got it....

9:40 AM [RDP_62] sonny1 are you getting excited,maybe thinking we are close?

9:41 AM [sonny1] shabbs is just selling usd for dinar, so the rate doesnt really matter when it pertains to the auctions

9:42 AM [Dinarkicker] Deputy Central Bank Governor: Inflation under control, did not reach to the level of risk Baghdad (news) .. Deputy Governor of the Central Bank of the appearance of Mohammed Saleh, that monetary policy is able to reduce the rate of inflation in Iraq through to take the necessary measures to reduce it, indicating that inflation is now under control by the central bank was not up to the level of risk. Saleh said in a statement to the Agency (news) on Tuesday: that the monetary policy of the Central Bank is able to take the necessary steps and actions necessary to curb inflation happening in Iraq, through the control of the proportion of cash as much as possible and to influence the external value of money, in addition to the use of certain policies or exchange rate as a policy interest rate to be reduced. Salih stressed that inflation is under control, unlike the conversations the amounts that reached the extent of risk, and continued: it becomes more serious when the rate of up to two places decimal places

9:42 AM [sonny1] RDP_62 it appears shabbs has taken every step to raise the value, he has sucked trillion and trillions back to cbi, he got 85% of debt waived,

9:42 AM [RDP_62] sonny1 also kap said that parliment is taking another leave and wont be back till late november will that delay us again?

9:43 AM [sonny1] RDP_62 that i dont know, i dont think it really matters

9:43 AM [VIZIOIRAQI] sonny1 Morning Bud

9:43 AM [RDP_62] sonny1 i guess no one really knows

9:43 AM [RDP_62] sonny1 to me it looks like it could be anytime imo

9:43 AM [sonny1] shabbs plan seems to be complete, and i would think it will rv pretty quick

9:43 AM [reconn] VIZ mornin...

9:43 AM [sonny1] vizioiraqi hey

9:44 AM [VIZIOIRAQI] Good news today looks like the CBI is ready to roll

9:44 AM [sonny1] vizioiraqi i agree

9:44 AM [RDP_62] roll on roll on

9:44 AM [sonny1] Dinarkicker can you post link

9:45 AM [sonny1] i looks like they might have changed monetary policies as well

9:45 AM [Yrral] Vizioiraqi roolwhat another delay?

9:45 AM [Dinarkicker] yes sir

9:45 AM [butterbean]

9:45 AM [sonny1] Dinarkicker thx

9:45 AM [VIZIOIRAQI] Mafia out of the bag and inflation under control, currency pulled back in . I love it

9:46 AM [sonny1] good day all

9:46 AM [RDP_62] sonny1 ty

9:46 AM [Dinarkicker]

[DinarProwler]

Thanks DinarkicKer for the post!!! WOW sure hope this is true!!!

[andy3978]

It looks like the auctions have in fact been reducing the money supply. So the RV PROCESS has been going on right under our noses!

[Shelley]

Thanks Sonny, Great chat, things look more and more positive, since Allawi is gone !!!!!

[easyrider]

Sonny1 is aaccurate and if you remember a member here i havent heard from in a while i believe his name start with millionairedinar or somthing like that he was pretty sharp and presented proof that the acutions were indeed reducing the money supply . This makes perfect sense and now we have seen some different numbers now its 4 trillion IMHO Sonny 1 is spot on and it could revalue anytime now Shabbs is ready, the banks are ready to see something. Now as far as paliament going on vacation i do believe it doesnt matter parliament is put their to pass laws like the erbil, HCL etc. to me this doesnt matter about the CBI rasing the value of the dinar remember the CBi is independent. Great chat and Great post. We are close.

On thing is they need to be out of chapter 7 to go international but IMHO once they revalue they will be released from chapter 7 where they can indeed go international.

Edited October 11, 2011 by easyrider

[RodandStaff]

Thanks... that was a "kick"... DK!!! Getter dun boyz!!!

GO RV Already Baby!!!

[mrref]

Sorry but the link doesn't work

[caz1104]

Thanks for the post and to Sonny1 for his thoughts and observations.

[JayLee202]

I hope they're right

[srdedeaux]

It's time to rv now! B)

[GreginTexas]

Sonny1 is aaccurate and if you remember a member here i havent heard from in a while i believe his name start with millionairedinar or somthing like that he was pretty sharp and presented proof that the acutions were indeed reducing the money supply . This makes perfect sense and now we have seen some different numbers now its 4 trillion IMHO Sonny 1 is spot on and it could revalue anytime now Shabbs is ready, the banks are ready to see something. Now as far as paliament going on vacation i do believe it doesnt matter parliament is put their to pass laws like the erbil, HCL etc. to me this doesnt matter about the CBI rasing the value of the dinar remember the CBi is independent. Great chat and Great post. We are close.

On thing is they need to be out of chapter 7 to go international but IMHO once they revalue they will be released from chapter 7 where they can indeed go international.

I agree and if my math is correct for every 191 million dollars that is 223 Billion Dinar so about a Trillion Dinar a week. Yes Shabibi could have removed a large amount by now.

GreginTexas

[WallyWeaver]

I can definitely say I like topics like this more than topics that show a lop.

It's amazing to me how many members here have been putting their IQD up for sale lately.

Hope this is true (this topic).

I'm definitely not ready to sell, not even close.

[The Machine]

Cheers for the post Dinarkicker ..... very interesting indeed but your link is broken

Easyrider .... I think your refering to 20milliondinar , yeah I miss his posts too !!

[fnbplanet]

Easy,

It was 20milliondinar with that article, it's pinned at the top of the news forum, or

HERE

[GasCan]

Sorry but the link doesn't work

http://translate.google.com/translate?hl=en&sl=auto&tl=en&u=http%3A%2F%2Fwww.ikhnews.com

http://translate.google.com/translate?hl=en&rurl=translate.google.com&sl=ar&tl=en&u=http://www.almustakbalpaper.net/ArticleShow.aspx%3FID%3D11151

[easyrider]

Easy,

It was 20milliondinar with that article, it's pinned at the top of the news forum, or

HERE

thnaks just posted the whole thing from him on a seperate archive.

definitely a good read.

Edited October 11, 2011 by easyrider

[amhvl]

Sonny1 is aaccurate and if you remember a member here i havent heard from in a while i believe his name start with millionairedinar or somthing like that he was pretty sharp and presented proof that the acutions were indeed reducing the money supply . This makes perfect sense and now we have seen some different numbers now its 4 trillion IMHO Sonny 1 is spot on and it could revalue anytime now Shabbs is ready, the banks are ready to see something. Now as far as paliament going on vacation i do believe it doesnt matter parliament is put their to pass laws like the erbil, HCL etc. to me this doesnt matter about the CBI rasing the value of the dinar remember the CBi is independent. Great chat and Great post. We are close.

On thing is they need to be out of chapter 7 to go international but IMHO once they revalue they will be released from chapter 7 where they can indeed go international.

You are dead on. Thanks for your thoughts. +1

[dhardage]

Sonny1 is aaccurate and if you remember a member here i havent heard from in a while i believe his name start with millionairedinar or somthing like that he was pretty sharp and presented proof that the acutions were indeed reducing the money supply . This makes perfect sense and now we have seen some different numbers now its 4 trillion IMHO Sonny 1 is spot on and it could revalue anytime now Shabbs is ready, the banks are ready to see something. Now as far as paliament going on vacation i do believe it doesnt matter parliament is put their to pass laws like the erbil, HCL etc. to me this doesnt matter about the CBI rasing the value of the dinar remember the CBi is independent. Great chat and Great post. We are close.

On thing is they need to be out of chapter 7 to go international but IMHO once they revalue they will be released from chapter 7 where they can indeed go international.

ok easy, I am confused. I read somewhere that they couldn't revalue until they were out of chapter 7. You are saying the RV comes first? Pleaseeeeeeeeeee explain it to my feeble mind.

[WallyWeaver]

Okay, I'm still somewhat new here but here's my take:

VIZIOIRAQI posted a topic here on DV at 6:13 AM with a couple of articles. This is a line from one of the articles:

The article says, "The issue of inflation is unlikely in the coming months due to the control of the central bank currency in the domestic market, which amounted to (4) trillion dinars and through his control also on the exchange rate, which is the scale determines the price of goods imported from abroad and mass cash in the marketplace.

Sonny1 was the first to post on that topic at 6:23 AM. And then sonny1 was involved in a chat at 9:33 AM stating that the IQD in circulation is down to 4 trillion.

I am so sorry to be a downer on this thread but the article that it appears sonny1 got his information from says that it is in the DOMESTIC market that the circulation has been decreased to 4 trillion.

Now again, I am new but wouldn't that mean in Iraq... only? In other words, the amount of IQD in Iraq is at 4 trillion, there is no mention of how much is held offshore.

Am I reading that wrong? Can someone please help me out?

[Tubbs]

Sonnie1 this is Tubbs I have the boat gassed up ready to drop the Dinars and pick up the cash.

Hit me back with the time/place

Miami Vice back in the mix

GO RV B)

[easyrider]

ok easy, I am confused. I read somewhere that they couldn't revalue until they were out of chapter 7. You are saying the RV comes first? Pleaseeeeeeeeeee explain it to my feeble mind.

its all my opinion but from what i have read the remaining anctions that were invovled were involving the kuwaitis which i read was resolved also part of chapter 7 is defending themsleves as well and we seen they bought those fighter jets now they need to be lifted out to be able to use them also part of it is to go international with their currency a country can revalue that is between the CBI and the IMF and world banks on what time is appropriate this is all my opinion that they dont need to actually be released frm chapter 7 to actually raise the value of one countries currency but to trade on the world market and go international they must not have sanctions on them.

[caz1104]

Okay, I'm still somewhat new here but here's my take:

VIZIOIRAQI posted a topic here on DV at 6:13 AM with a couple of articles. This is a line from one of the articles:

The article says, "The issue of inflation is unlikely in the coming months due to the control of the central bank currency in the domestic market, which amounted to (4) trillion dinars and through his control also on the exchange rate, which is the scale determines the price of goods imported from abroad and mass cash in the marketplace.

Sonny1 was the first to post on that topic at 6:23 AM. And then sonny1 was involved in a chat at 9:33 AM stating that the IQD in circulation is down to 4 trillion.

I am so sorry to be a downer on this thread but the article that it appears sonny1 got his information from says that it is in the DOMESTIC market that the circulation has been decreased to 4 trillion.

Now again, I am new but wouldn't that mean in Iraq... only? In other words, the amount of IQD in Iraq is at 4 trillion, there is no mention of how much is held offshore.

Am I reading that wrong? Can someone please help me out?

My opinion is that u r correct. But if the number of 27 trillion worldwide is correct then that would mean 23 trillion outside of Iraq,and thats the part I have a hard time believing.

[Carrello]

Thanks Sonny, Great chat, things look more and more positive, since Allawi is gone !!!!!

Dr. Shabib has been implementing this process for years, with or withour Maliki and Allawi. It is now coming to fruition. And I am not too sure Allawi is completely gone. He is pouting in a corner, we shall see. But things are moving!

[Papster]

ok easy, I am confused. I read somewhere that they couldn't revalue until they were out of chapter 7. You are saying the RV comes first? Pleaseeeeeeeeeee explain it to my feeble mind.

not trying to answer for easy..........he can do that himself..........but it has always been my stance that the RV is the ransom for their freedom from CH 7.......jmo.............would you trust them to do it once they are free........i wouldnt trust them as far as i could throw a camel..............imo some things you just cant get links too.............GO DINAR

Dr. Shabib has been implementing this process for years, with or withour Maliki and Allawi. It is now coming to fruition. And I am not too sure Allawi is completely gone. He is pouting in a corner, we shall see. But things are moving!

I believe allawi will take the money and run back to london.....live the good life.......GO DINAR

[FreedomExpress]

I'm not sure if this is what the BIG Plan is or not I have tried to distant myself from the entire RV / RD and the other three letters than rhythms with hop & pop...UGH. Nevertheless I am curious if the auctions focus has been to remove the triple zeros and reduce their exposure what about the low income Iraqi citizen? If all of the IRAQ citizens only have USD because it seems to be worth more and not any real savings in Dinar will they be worst off because they get caught with USD instead of their own IQD upon an RV? Obviously the value of their currency would be larger but it's hard for nothing to become larger?