Kaperoni will hold a special chat Monday, 10/24/2011 at 5pm CST to go over a newly translated article from 9/24/2011. This article covers...
Conditions for the RV
The initial RV exchange rate
The goal rate
The timing of the RV
This will be a short 10-15 min chat but will clearly layout the facts from the rumors/fiction.
Please join him in the DinarAlert Chat Room.
Re: Kaperoni Monday Afternoon Chat posted by ministerb on OOMF
Kaperoni chat on DinarAlerts.com @ 5pm central: In summary the chat was over the 09/24/2011 article to delete the 3 zeros which was accounced in June 22nd of this year. According to K. opening rate will be .86 based upon the illustration of the example of the soft drink purchase of 1200 dinar which was posted several months ago. Then over time more likely slower than faster the rate will rise to or above the former rate of the dinar around 3.33 usd.
Basically the change in value of currency will be built on infusion of investment through the Iraqi stock market and foreign investment. This is predicted to be over time and not initially or as quickly as most of us want. Simply put Kaperoni says it will show up soon but will be low (compared to what we have hoped for) and take time to grow. Over a million will still look good from nothing to quite alot.