News just keeps getting better out of Iraq and still we hear nothing about it on our media here unless its people getting killed, sad that all they want to do is report the bad things that use humans live through.
I want to point out that when our young man and woman lost their lives to free other citizens of our world from dictatorship they sure reported their deaths but left out the freeing part.
When yet Iraq has hit another milestones in achieving farther steps toward real democracy we hear nothing by our own media.
At least we know that our troops did not lose their lives in vain, Iraq is moving even closer to regaining international pride and with that should come a new currency reform being announced.
Read More Link On Right
We continue to get hints of this in the news; here is a quote from an article that Kaperoni brought in to my broadcast yesterday evening on Stryker WebTV: “International banks began trading at the first signs of Iraqi currency to exit Iraq from Chapter VII, in conjunction with the Declaration of the Iraqi Central Bank”.
This to me means that when there is an official announcement both on Chapter VII release and when the Central Bank has made a Declaration concerning the currency reform it will then be internationally traded, not that it is now. We will hear when this takes place so don’t let someone say it is because the Central Bank has not yet made this Declaration.
Here is another telling quote from the same article: Treasury Adviser Helal altaian "this reserve will help raise the value of the Iraqi currency, compared with foreign exchange and thus contribute to the reduction of prices of goods and commodities." When the value of the dinar goes up then the Iraqi citizens can buy more with what they have.
Read the complete article: Financial: improved after Iraq Dinar from Chapter 7
What will the value of the dinar start at when it is announced that it is an international tradable currency is still the big question but just getting here folks is a milestone for us Iraqi Dinar Speculators in my opinion.
We are starting to see both sides of the delete the zero articles again which is even an added sign that we are close once again of it taking place. Quote from one of these articles: “the central bank was confirmed that year (2013) is critical to the lifting of the zeroes”.
Here’s another quote: “but the Bank says we are not qualified to present, to implement the project” but folks tomorrow could be the present time as they give no reference except that it needs to be done in 2013.
Another quote from the same article: Some economists believe that Iraq is now prepared to delete the zeros of the dinar, stating that deletion requires political and security stability alongside economic stability. My blog that explains what these economist are talking about: Stryker Blog 07.03.2013 Removing the 3 Zero's, what would it take?
Articles that I am using here: Yassiri: Central Bank behind postponing the deletion of zeros
July is still a very real possibility for currency reform and we have a bird eyes view of it.
Be safe and have a great weekend, Stryker