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 Iraqi cabinet urges patience before proceeding with Iraqi Dinar redenomination

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IQD4US
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PostSubject: Iraqi cabinet urges patience before proceeding with Iraqi Dinar redenomination    Tue Jul 17, 2012 12:02 am

http://www.alsumaria.tv/news/59452/iraqi-cabinet-urges-patience-before-proceeding-wit/en

05-07-2012 - 09:55
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Iraqi Cabinet Secretariat urged, on Thursday, for more patience before cutting zeros off Iraqi dinar and proceeding with its redenomination considering that the idea of withdrawing, storing and destroying about 40 trillion dinars requires a serious study by itself.

“The government prefers to be patient before cutting zeros off Iraqi dinar and its redenomination because it is not a priority at the current stage,” Cabinet Secretary Ali Al Allak told Alsumarianews assuring that cabinet is currently studying possibilities and available circumstances for such a procedure.

“We are not sure we can control major money sums’ withdrawal under current circumstances,” Al Allak added calling to be patient because the simple thought of withdrawing, storing and destroying between 30 and 40 trillion dinars requires a serious study.

“There are no defects in our currency especially that many countries deal the same way,” he advanced. Finance committee received, on June 26, the deputy governor of Central Bank of Iraq Mazhar Mohamed Saleh to discuss about procedures related to the zeros cutting off, required time and expected changes following the dinar redenomination.

“During the meeting with Saleh, Iraqi cabinet approved cutting zeros off Iraqi dinar and its redenomination after it had resolved upon taking time before launching the procedure due to Dollar’s increase in comparison with Iraqi dinar in local markets during past months,” finance committee member Najiya Najib told Alsumarianews on July 3.

“Zeros will be cut off Iraqi dinar and the currency will be denominated in January 2013,” Finance Committee member Haitham Al Jabouri advanced on May 15 noting that printing the new currency bills will start in September 2012.


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PostSubject: Re: Iraqi cabinet urges patience before proceeding with Iraqi Dinar redenomination    Tue Jul 17, 2012 12:47 am

SEP to JAN is RV time!
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PostSubject: Re: Iraqi cabinet urges patience before proceeding with Iraqi Dinar redenomination    Tue Jul 17, 2012 8:55 am

I hate to be negative - BUT, which year? They have claimed the rate is in the budget for how many years? If it was where was the RV? SMOKE!!!!
We've heard all this how many times before? Today, no tomorrow, no next week, no next month, no Sept., no Dec., no .... . ASN, AMN, imminent, in-country rv'd last night, cashing in in London .... .
It is getting so that I wonder if this thing isn't a pigment of the imagination of one of the PTB to bilk monies out of all of us and then tell us - "you have the paper money don't you - it is worth something is it not?" In the mean time they have the use of all that money we spent to get the "paper money." Speculation? Yup. Investment? Time will tell if it was indeed an investment or a fraud. The longer this goes on the more it looks like a fraud.
The more the 'roos utter their gibberish the more they are a party to the fraud, if indeed that is what this turns out to be.
Am I negative? Maybe, but mostly I am being questioning and in a sense realistic. With all of the excuses that have been offered over the now 5 years that I have been "invested" one wonders, and wonders, and then wonders some more. I sure would like to wander on down and cash in sometime - that would be a positive change in this so far negative experience. Just the wanderings of a wondering mind.
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PostSubject: Re: Iraqi cabinet urges patience before proceeding with Iraqi Dinar redenomination    Tue Jul 17, 2012 9:27 am

@aksafeone wrote:
I hate to be negative - BUT, which year? They have claimed the rate is in the budget for how many years? If it was where was the RV? SMOKE!!!!
We've heard all this how many times before? Today, no tomorrow, no next week, no next month, no Sept., no Dec., no .... . ASN, AMN, imminent, in-country rv'd last night, cashing in in London .... .
It is getting so that I wonder if this thing isn't a pigment of the imagination of one of the PTB to bilk monies out of all of us and then tell us - "you have the paper money don't you - it is worth something is it not?" In the mean time they have the use of all that money we spent to get the "paper money." Speculation? Yup. Investment? Time will tell if it was indeed an investment or a fraud. The longer this goes on the more it looks like a fraud.
The more the 'roos utter their gibberish the more they are a party to the fraud, if indeed that is what this turns out to be.
Am I negative? Maybe, but mostly I am being questioning and in a sense realistic. With all of the excuses that have been offered over the now 5 years that I have been "invested" one wonders, and wonders, and then wonders some more. I sure would like to wander on down and cash in sometime - that would be a positive change in this so far negative experience. Just the wanderings of a wondering mind.

I am beginning to agree!!! Mad
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PostSubject: Re: Iraqi cabinet urges patience before proceeding with Iraqi Dinar redenomination    Tue Jul 17, 2012 5:28 pm

well.....

I can't disagree - there have been numerous discussions in our house about whether we were "duped" into this - or if we are going to get "screwed" in this investment.

I can't agree - there is more information in IRAQ itself as far as them discussing, meeting, clarifying in thier own news media.

Guru's - there isn't one. Period. This has not happened in this environment like this before. It is ALL speculation.

sooo...

we wait, research, watch, discuss, vent, yell, laugh, cry, walk away, come back...and do it all again.
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PostSubject: Re: Iraqi cabinet urges patience before proceeding with Iraqi Dinar redenomination    Tue Jul 17, 2012 7:30 pm

It's real. You guys have listen to too much guru bs that it has clouded your minds...
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PostSubject: Re: Iraqi cabinet urges patience before proceeding with Iraqi Dinar redenomination    Wed Jul 18, 2012 7:51 am

@aksafeone wrote:
I hate to be negative - BUT, which year? They have claimed the rate is in the budget for how many years? If it was where was the RV? SMOKE!!!!
We've heard all this how many times before? Today, no tomorrow, no next week, no next month, no Sept., no Dec., no .... . ASN, AMN, imminent, in-country rv'd last night, cashing in in London .... .
It is getting so that I wonder if this thing isn't a pigment of the imagination of one of the PTB to bilk monies out of all of us and then tell us - "you have the paper money don't you - it is worth something is it not?" In the mean time they have the use of all that money we spent to get the "paper money." Speculation? Yup. Investment? Time will tell if it was indeed an investment or a fraud. The longer this goes on the more it looks like a fraud.
The more the 'roos utter their gibberish the more they are a party to the fraud, if indeed that is what this turns out to be.
Am I negative? Maybe, but mostly I am being questioning and in a sense realistic. With all of the excuses that have been offered over the now 5 years that I have been "invested" one wonders, and wonders, and then wonders some more. I sure would like to wander on down and cash in sometime - that would be a positive change in this so far negative experience. Just the wanderings of a wondering mind.



They never said it was in the budget, the "pants on fire set" made that claim, as well as speculation of alot of investors, fraud, nahhhh, the only fraud I see is the lies perpetuated by the story tellers. This is not a negative really, it's just the reality, and at this juncture, it seems to be flowing along nicely, the government is probably realizing too much talk can bring the whole thing down, so why not put out yet another "wait and see" article, they are just being cautious. They are famous for being indecisive and slow and down right aggravating, LOL

'
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PostSubject: Re: Iraqi cabinet urges patience before proceeding with Iraqi Dinar redenomination    Wed Jul 18, 2012 2:01 pm

@glasshalffull wrote:
@aksafeone wrote:
I hate to be negative - BUT, which year? They have claimed the rate is in the budget for how many years? If it was where was the RV? SMOKE!!!!
We've heard all this how many times before? Today, no tomorrow, no next week, no next month, no Sept., no Dec., no .... . ASN, AMN, imminent, in-country rv'd last night, cashing in in London .... .
It is getting so that I wonder if this thing isn't a pigment of the imagination of one of the PTB to bilk monies out of all of us and then tell us - "you have the paper money don't you - it is worth something is it not?" In the mean time they have the use of all that money we spent to get the "paper money." Speculation? Yup. Investment? Time will tell if it was indeed an investment or a fraud. The longer this goes on the more it looks like a fraud.
The more the 'roos utter their gibberish the more they are a party to the fraud, if indeed that is what this turns out to be.
Am I negative? Maybe, but mostly I am being questioning and in a sense realistic. With all of the excuses that have been offered over the now 5 years that I have been "invested" one wonders, and wonders, and then wonders some more. I sure would like to wander on down and cash in sometime - that would be a positive change in this so far negative experience. Just the wanderings of a wondering mind.



They never said it was in the budget, the "pants on fire set" made that claim, as well as speculation of alot of investors, fraud, nahhhh, the only fraud I see is the lies perpetuated by the story tellers. This is not a negative really, it's just the reality, and at this juncture, it seems to be flowing along nicely, the government is probably realizing too much talk can bring the whole thing down, so why not put out yet another "wait and see" article, they are just being cautious. They are famous for being indecisive and slow and down right aggravating, LOL

'

There are some articles post here on Dinar Daily that do in fact show Iraq MP's claiming the 2013 budget for Iraq was goin to be with the deletion of the zeros. I believe under finance or government thread.
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PostSubject: Re: Iraqi cabinet urges patience before proceeding with Iraqi Dinar redenomination    Wed Jul 18, 2012 4:55 pm

Great news.
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PostSubject: Re: Iraqi cabinet urges patience before proceeding with Iraqi Dinar redenomination    Thu Jul 19, 2012 5:03 am

@IQD4US wrote:
@glasshalffull wrote:
@aksafeone wrote:
I hate to be negative - BUT, which year? They have claimed the rate is in the budget for how many years? If it was where was the RV? SMOKE!!!!
We've heard all this how many times before? Today, no tomorrow, no next week, no next month, no Sept., no Dec., no .... . ASN, AMN, imminent, in-country rv'd last night, cashing in in London .... .
It is getting so that I wonder if this thing isn't a pigment of the imagination of one of the PTB to bilk monies out of all of us and then tell us - "you have the paper money don't you - it is worth something is it not?" In the mean time they have the use of all that money we spent to get the "paper money." Speculation? Yup. Investment? Time will tell if it was indeed an investment or a fraud. The longer this goes on the more it looks like a fraud.
The more the 'roos utter their gibberish the more they are a party to the fraud, if indeed that is what this turns out to be.
Am I negative? Maybe, but mostly I am being questioning and in a sense realistic. With all of the excuses that have been offered over the now 5 years that I have been "invested" one wonders, and wonders, and then wonders some more. I sure would like to wander on down and cash in sometime - that would be a positive change in this so far negative experience. Just the wanderings of a wondering mind.



They never said it was in the budget, the "pants on fire set" made that claim, as well as speculation of alot of investors, fraud, nahhhh, the only fraud I see is the lies perpetuated by the story tellers. This is not a negative really, it's just the reality, and at this juncture, it seems to be flowing along nicely, the government is probably realizing too much talk can bring the whole thing down, so why not put out yet another "wait and see" article, they are just being cautious. They are famous for being indecisive and slow and down right aggravating, LOL

'

There are some articles post here on Dinar Daily that do in fact show Iraq MP's claiming the 2013 budget for Iraq was goin to be with the deletion of the zeros. I believe under finance or government thread.
Yes and I should have clarified, I meant past articles from years gone by
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PostSubject: Re: Iraqi cabinet urges patience before proceeding with Iraqi Dinar redenomination    Thu Jul 19, 2012 10:47 am

New currency in 2013 budget was said recently.
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PostSubject: Re: Iraqi cabinet urges patience before proceeding with Iraqi Dinar redenomination    Thu Jul 19, 2012 10:59 am

Does not mean an RV-:(
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PostSubject: Re: Iraqi cabinet urges patience before proceeding with Iraqi Dinar redenomination    Thu Jul 19, 2012 11:22 am

SEPTEMBER Wink
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PostSubject: Re: Iraqi cabinet urges patience before proceeding with Iraqi Dinar redenomination    Thu Jul 19, 2012 11:46 am

I sure hope so- I'm so broke, superglue ain't gonna work-Laughing
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PostSubject: Re: Iraqi cabinet urges patience before proceeding with Iraqi Dinar redenomination    Thu Jul 19, 2012 12:06 pm

Hang in there buddy ...
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