_[BondLady] reducing the supplys in the markets
[BondLady] hold on let me bring the article and show u exactly what i had told u on 12/27 in my chat when it WAS just a theory
[BondLady] and is now a fact
[BondLady] ok here we go
[BondLady] every 1 read
[BondLady] The Central Bank says it will not allow the Iraqi dinar to depreciate and has been selling hundreds of millions of dollars to keep the currency stable.
[BondLady] The Central Bank says it will not allow the Iraqi dinar to depreciate
[BondLady] and has been selling hundreds of millions of dollars to keep the currency stable.
[BondLady] thats usd
[BondLady] The Iraqi dinar weakened in December last year, prompting the bank to sell dollars in a bid to withdraw cash from Iraqi markets.
Read More Link on Right
__[BondLady] The Iraqi dinar weakened in December last year thats dec 2011
[BondLady] my post was 12/27
[BondLady] prompting the bank to sell dollars
[BondLady] in a bid to withdraw cash from Iraqi markets.
[BondLady] in a bid to remove the 000 iqd notes off the iraqi streets
[Fast Eddie] here is where she is getting that good news http://www.azzaman.com/english/index.asp?fname=news\2012-01-02\kurd.htm
[BondLady] The bank did not say what brought the dinar to plummet to lows it had not seen for years,
[BondLady] because the cbi cant just come right out and say im sorry iraqi citizens i had to do something to get u to let go of ur dinars as u had been holding the 000 notes waiting for a rv
[BondLady] and cbi had so much still out he had to do something
[BondLady] so no they could not say................The bank did not say what brought the dinar to plummet to lows it had not seen for years,
[BondLady] Saleh, Central Bank’s deputy governor, has said there were no sound economic reasons for the currency’s weakening.
[BondLady] there were no sound economic reasons for the currency’s weakening.
[BondLady] because it didnt
[BondLady] the cbi is under the programed rate
[BondLady] it cant go up or down until shabs changes his monetary policy
[BondLady] all that time they said it was fallin
[BondLady] as i sai in my chat
[BondLady] it stayed 1170
[BondLady] not 1270
[BondLady] programmed rate
[BondLady] The bank coffers are said to be brimming with hard cash from oil sales.
[BondLady] so how could it have APPEARED to fall
[BondLady] and some articles put out thru dec saying
[BondLady] the usd rate is increasing
[BondLady] the dinar is fallin
[BondLady] and the dinar is crashing
[BondLady] an the dinar is worse than it has been in 8 yrs
[BondLady] the dinar is fallin
[BondLady] the dollar is rising
[BondLady] not commin out an sayin cash in for usd
[dogznova] thats excatly how they got them to turn in their dinar
[BondLady] but sayin it so much the people thot they better hurry an cash in for usd
[BondLady] so as not to lose any more purchasing power
[BondLady] and gain it with the dollars rate goin up
[BondLady] the sky is falling the sky is falling
[BondLady] Saleh said the bank would not let the dinar fall
[2darneasy] so they are tricking there own people to turn in their dinar
[BondLady] and in one day in December last year it sold $200 million on the open market to squeeze liquidity.
[BondLady] 200 mill usd
[BondLady] to bring bk in the 000 notes
[BondLady] “We withdrew in one single day about one quarter of a trillion dinars, thereby brining stability to the currency,” Saleh said.
[BondLady] 1 single day
[BondLady] 1/4 trillon
[BondLady] see how this all came about
[2darneasy] this is the best news I have heard in a long time
[BondLady] the people would not have let there 000 notes go if shabs hadnt of did this
[BondLady] what we hold in dinar doesnt matter
[BondLady] thats been accounted for
[BondLady] but what the iraqis hold is all that matters
[BondLady] if we ever wanted to see a rv any time soon
[BondLady] this was the most strategic brillant plan ive ever seen
[BondLady] but it had to be done and done in this way
[BondLady] does that all make sense? Cool
[grashopa] .and when it RV's.....the IQD will be worth more then the USD......so they all exchange back to dinar.......process complete.....
[2darneasy] BondLady - yes
[reohomespa] BondLady --- absolutely