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KAPERONI SPEAKS, WE LISTEN! DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

KAPERONI SPEAKS, WE LISTEN!

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KAPERONI SPEAKS, WE LISTEN! Empty KAPERONI SPEAKS, WE LISTEN!

Post by Guest Wed Jul 04, 2012 11:10 pm

:cheers: ☀ :cheers:



"I couldn't be happier with the articles coming out of Iraq. Unbelievable news confirming they are going to increase the value of the currency. The finance committee says new currency will be printed in September, then released and 2013 budget will be adjusted with new currency. The CBI and Finance saying same thing that there is no other secret source other than this. This is not a secret. Kick back, relax and enjoy the 4th of July!"


"Clearly Iraq is ramping up for this. For those of us who have been in this a long time know we have never seen as many articles coming out relating to the currency. The new currency comes out after they change the exchange rate. So, this event will occur in the very near future. I'm going out on a limb and saying 90 days or less. They need to stimulate the banking environment. They need to create an environment where the citizens are taking advantage of that technology. There's going to be a period of time where the rate changes and Shabibi will use that time to get citizens to utilize the banks. Large denoms will not be accepted at a merchant level. Iraqis will have to turn large notes into the banks where it will be dealt with electronically and the paper notes removed from circulation. The large notes will retain their value. Iraqi citizens will gain a bank account and buying power. We believe Shabibi already has removed a large portion from circulation. Initially the exchange rate will be 1 to 1 or possibly .86 cents and then from there it will continue to raise over time. I would expect the budget for 2013 to be a little higher than the USD which will also help with dollarization.

Shabibi has his work cut out for him to make this currency something the citizens can be proud of. The Council of Ministers needs to tell the citizens when this is going to happen. Apparently something has occured since July 1st when it was stated that there were still some issues between the Council of Ministers and Parliament that needed to be resolved. The Council of Ministers have now approved the project during a meeting with Shabibi and the CBI to move forward. Now all players on board. That is HUGE. They still need to pass the law and read it into the gazette but at least now everyone is in agreement. Shabibi's plan is to get this done and now it appears that with the Council of Ministers on board he can achieve his goal. Dr. Bakri said that just changing the currency itself will not revive the country. The combination of all the progress they've made since the end of the war will lead to the dinar strengthening and the value will go up.

Manufacturing, agriculture and national investment all contribute to the strengthening of the dinar. Change willl propell Iraq to the next level. The initial rate of 1 to 1 is the staging strategy and from there they will let the market drive it up. The initial rate of 1 to 1 will come out in September and will give Shabibi a few months to initiate the bank accounts and prepare for the new currency in January. The dinar sold out of country will stay out of country and ultimately it will be a hard currency. In September the currency will be bought and sold electronically among central banks around the world which will drive the value up. The IQD will be internationally traded but Shabibi will control the rate. It will be a managed float. That is the only way this can happen. The international banking environment would never have invested in Iraq otherwise. This is an amazing plan and we're all going to be part of it. The rate change must happen before September, if the dinar is going to be internationally recognized and traded between the banks. I hope everyone understands how very close we are.

We are seeing the finalized plans for the banks becoming the place to exchange. The Banking system will be the #1 place where people will transact business and all the economies will evolve around the banking system as it was set up in the Future of Iraq Project. They are not doing this because they are going to have a worthless currency. Saleh told us we are already in the middle of the project to delete the zeros. That there will not be a decrease in value. There will be an increase in purchasing power and that they are very confident they can come into the international world with a solid currency."


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Post by Kevind53 Wed Jul 04, 2012 11:22 pm

Looking positive ... our little buddy over on changesXchange should be having a kitten about now .... lol!

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Trust but Verify --- R Reagan Suspect

"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18

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Post by Guest Wed Jul 04, 2012 11:36 pm

Yeah, Whispering is a character of negativity...

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Post by Guest Wed Jul 04, 2012 11:45 pm

Kevin, I know you are thinking this RV is gonna hit before or by SEPTEMBER as well...

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Post by IQD4US Thu Jul 05, 2012 12:27 am

Ramadan will end 30 days after July 19th - 22nd (all depends on cresent moon) - and there will be a 3 day holiday / celebration when it ends. Thats about Aug 20th. It is possible - even more so to me that the coins are suddenly available on E-bay, BUT they are the same coins from 2003/4. They are still good - jut like our notes.

I will have to sit back and watch more developement - but I do want to know WHEN Kaperoni changed his mind about rate??? Has he been reading Dinar Daily ??? Did Dinar Daily become his souce of "intel". hmmmm..
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Post by Guest Thu Jul 05, 2012 12:38 am

IQD4US, I think Kaperoni has always stuck to the 1 to 1 ration if I'm not mistaken. Yes I think the timing of alot of stuff is not by coincidence. I too hope they can get all done before RAMADAN.

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