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Kaperoni feels that gold is going to be a step in the transition to Article VIII

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Kaperoni feels that gold is going to be a step in the transition to Article VIII Empty Kaperoni feels that gold is going to be a step in the transition to Article VIII

Post by Ponee Mon Jan 27, 2014 8:49 am

1-27-2014 Newshound Guru Kaperoni there is a new article on the bonds and gold coins out...appears authored by former deputy of the CBI Saleh. these two items, bonds and gold will let them reduce the money supply but more importantly, reduce the spread between Official rate and Market rate. I believe this step will help them transition to IMF Article VIII. Article Quote: "The economist said: that this step has been the study of economic feasibility, by the Central Bank for the purpose of selling gold coins and cash and other foreign currencies as well as treasury transfers to the public soon." Soon!


Read more: http://www.dinarguru.com/#ixzz2rbeyH5K7

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Post by Kevind53 Mon Jan 27, 2014 10:12 am

I do not agree. IMO this is much ado about nothing.

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Kaperoni feels that gold is going to be a step in the transition to Article VIII Empty Re: Kaperoni feels that gold is going to be a step in the transition to Article VIII

Post by Ponee Mon Jan 27, 2014 11:40 am

More From Kaperoni Today --


1-27-2014Newshound Guru Kaperoni Article: "Iraq International Conference and Exhibition 2014" They spend lots of money putting on these events, its time to do what is expected...open the banking system. Unfortunately, Iraq is weeks, if not months away from getting the banking system where we want it. To much on the table...laws, IMF compliance, etc.IMO, Maliki will never give value to the dinar until the last minute before the elections. Any increase now would only help those who run against him.


   The articles yesterday and today about the banking system clearly show they need to do more before they are ready. This Dubai event may seem promising and encouraging, but...nothing will happen until the laws are passed, the reforms are done, and the CBI is in compliance. Were talking weeks or even months..my prediction is now April or later. Sorry.

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