FrostyTheSnowman: Here’s tonight’s HIGHLIGHTS …
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Frank26:Tonight we have DELTA with us and it will great to hear from him.
Last time we met, we talked about the 3 articles that were so dramatic – that talked about raising the value of the IQD and the reasons behind it.
We also talked to you about Mosul and Warka Bank and the IBN numbers.
Today I spend about 1.5 hours with Delta and our other Teams on the phone … and I wish you could have heard our conversations. In a small way, you will get to hear those conversation tonight.
The first 3 articles that we talked about on Monday were like a Rosetta Stone.
We told you to prepare yourself because there would be more articles coming out.
Remember, the first 3 articles came out while we were trying to liberate Mosul.
Don961 posted another article, and I’d like to make some comments about that 4th article.
Headline: Iraq monetary system enhanced the currency of a new dinars
“It is unacceptable to keep the Iraqi dinar exchange rate against the US dollar … in the thousands …
Really? Is it because it has too many zeros? Of course!
So what are you going to do about it?
“ … Iraqi dinar paper of the highest category opens with 4 zeros … “
And they don’t like that.
The reality of the dinar … is confusing … and commercially is hurting us … because no one likes a program rate. What else can you tell us?
“Any deal in large amounts of both ends need to fill categories … (you mean the street rate) … of dinar bags for exchange between the seller and the buyer …”
They don’t want people carrying bags of dinars.
Too many zeros in their currency.
“ … make sure that the reality of the Iraqi dinar … catalyst for the crimes of counterfeiting.”
This is why the expert teams from the IMF have literally taken over at the CBI and controlling all of these problems.
“The solution is not to delete zeros or dinar floated, but substituting new Iraqi dinars and to link the rate of exchange in US dollars.”
You mean 1 to 1? Well, yeah.
“ … per hundred fils … one dinar, five dinars and ten dinars, and twenty dinars, and fifty dinars, and one hundred dinars. Minting coins from fils and five fils, ten fils, twenty fils, and fifty fils and one-hundred fils.”
Well … you are impressive you son of a gun.
Where is all of this information coming from?
The CBI? Well … they don’t want to be identified.
Are economists suggesting this too? (Yes) It’s their “plan.”
They met with the IMF about 2 weeks and … and the IMF told them to get things done in 10 days … (which would have been around the 20th of the month). Is that why you’re bragging about all of the things you HAVE done?
This “plan” was done around 2003 … right? (Uh, yes)
“ … the abolition of the currency of the former regime after 2003 and replacing rolling dinar now, the current cancellation over a period of time and bring new dinar.”
“… important that the Iraqi Central Bank assisted by experts …”
Oh … and you mean the UST?
To develop the “new currency” … they’re called LOWER DENOMS!
But they never said that. Do they have too? They described them to a “T”
“ … the development of the currency enjoys the trust of the exchange of high locally and internationally.”
So everyone will enjoy this currency with an INTERNATIONAL rate?
“Central banks play a major role in the financial instruments control in all countries of the world, the most important tool in the hands of the Central Bank is the monetary policy …”
Excuse me? Do you happen to attend KTFA cc’s?
“ … the currency peg of the Iraqi dinar in US dollars means installing currency dinar price of a fixed exchange rate (fixed exchange-rate) and much of the world this practice is based.”
Yes, they want to be just like the rest of the world.
“There are 17 countries in the world have linked its currency to the US dollar. Including six Arab countries, namely Saudi Arabia, Jordan, Oman, the UAE, Bahrain and Qatar.”
We told you article 4 would be explosive!
“It will be issuing new Iraqi dinars a way to expose corruption as it requires replacement traded currency is the new currency.”
“The main reason behind the dollar peg is to maintain stability and increased confidence to deal with, and maintain a fixed exchange rate of the dinar rate would eliminate the so-called parallel market vowels (black market). This reinforces the confidence of investors and the stability of the monetary system and to maintain the purchasing power of consumers with limited income.”
That’s ARTICLE 4 – in the midst of trying to liberate Mosul.
Remember what we said about Fallujah?
Give us Fallujah and we’ll give you the Economic Reforms? … And the economic reforms poured out about a week BEFORE they gave you Fallujah.
So here we are with Mosul and we’re within a ½ a click from Mosul … maybe closer.
When it comes to the news … it doesn’t get any better than that.
We’re almost at the CENTER of Mosul – in my opinion.
An article came out saying that Iraq would get their2.5 billion dollar loan in November … not December.
Now we’ve got 4 articles
Each one of these articles is like a Rosetta Stone … each one becomes more and more clear.
There will be more articles family.
The IMF is ready … in my opinion … and Iraq is getting ready.
Mosul is very close and to me, Mosul brings two S’s … (security and stability). There is no other way.
Tonight, DELTA will talk to you about 2 windows … the 7th and the 7th.
We’re looking for a FLAG in Mosul and a FLAG of the Monetary Reform.
You saw the article … meetings on the 7th of November and the 7th of December.
We haven’t seen any reports yet.
Dr. Shabibi said he wanted to bring back the value of the 70’s – 80’s.
Do you remember when BlueStar talked with Dr. Shabibi? It was in Washington, D.C. at a press conference and asked him when they were going to lift the value of their currency. Shabibi said that it depended on supply and demand.
Supply and demand is about to happen by the citizens in Iraq.
Two days ago the finance committee met with Allak (and others) to see if things were improving. Auctions, rate, etc. We believe that is what those meetings were about.
They only have to meet on November the 7th and not necessarily December the 7th. December is optional. If they are ready – it won’t be necessary.
Banks in Mosul … are not connected to anything.
IMO – the Mosul are not needed for the Monetary Reform.
9 months ago the coalition forces blew up the bank in Mosul.