10:24 AM [gankans] 23/06/2011 Central introduces new categories up to the equivalent of $ 100 Currency restructuring to develop payments system Baghdad Al-Sabah
10:24 AM [gankans] Have you seen this?!
10:25 AM [gankans] The Central Bank decided on Wednesday, the restructuring of the local currency to develop payments system in the country.
10:25 AM [gankans] The Bank's adviser said the appearance of Mohamed Saleh, "the Central Bank of Iraq had decided to begin implementing the long-term strategic project, specialize in the restructuring of the local currency to develop Iraqi payments system," he said, adding that "the Bank will raise the level of the local currency and the introduction of new currencies of up to 100 dollars which would address economic gap in financial payments system".
10:25 AM [pencer1] gankans thats huge news
10:25 AM [msjeta1] gankans this in fact is our announcement is it not??
10:25 AM [gankans] "The news agency quoted Saleh as saying aknews" that "this project, which started its gradual, need the support of the Government and Parliament, especially that purchasing power will compare the economic balmdkholat." The International Monetary Fund demands Iraq a number of economic measures, including privatizing banks and raise three zeros from the local currency debt and reparations which redirected rests with Iraq, if Iraq's desire to receive the support of the International Fund
10:26 AM [gankans] msjeta1 Looks that way!!!! Wooooowhooooo!!!!!
10:26 AM [johnnyutah] gankans is there a link?
10:26 AM [gankans] http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Fwww.alsabaah.com%2FArticleShow.aspx%3FID%3D9770
10:26 AM [gankans] johnnyutah there ya go....
10:26 AM [msjeta1] gankans Phoenix also has something on his blogtalkradio explaining it
10:27 AM [gankans] msjeta1 Phoenix posted today already. This is great news!
10:27 AM [pencer1] mikivi Phoenix says thats the only announcement and I believe he is correct
10:27 AM [msjeta1] mikivi no I don't think so I kinda have to agree with Phoenix that the next thing we will see is the rate change
10:27 AM [LPBK] gankans great article...i read it, and have also seen others somehow break it down, that$100 to equal a $1 to $1 ratio...any thoughts?
10:27 AM [gankans] The Professor always said that they would make a bold annoucement, and they seem to be doing that! I wonder what is next?!
10:27 AM [mikivi] http://www.blogtalkradio.com/phoenix3333 Alert! The Pending Revaluation of The Iraqi Dinar !!!!!!!!!!!!!!!!!
10:28 AM [bluwolf] An rv
10:28 AM [gankans] LPBK No worries.... I am standing strong with our intel for $5.25 rate
10:28 AM [msjeta1] gankans I would be looking for the rate to drop atn from that statement
10:29 AM [LPBK] gankans lol...$1 def no worries here.... ....love the $5.25 too
10:29 AM [pencer1] gankans yeah if you think about it that is a real announcement because it is proof the larger denoms are going bye bye.
10:29 AM [msjeta1] bluwolf you are right on PTL
10:29 AM [mikivi] gankans ..we just want the RV...,right now please...any rate would make us..fortunate...
10:29 AM [gankans] msjeta1 The rate will not go down IMO, and from what I am told. It will go up to a rate of $9 plus
10:29 AM [OUSpirit] gankans are you feeling as strong about the VND in the area of 2.00?
10:29 AM [bluwolf] Gankans 5.25 is locked in and loaded
10:29 AM [gankans] pencer1 very true
10:30 AM [msjeta1] gankans thats the part I cant agree with him on at all but the rest of the info is great
10:30 AM [bluwolf] Gankans all the way up to Shabibis 12 range
10:30 AM [johnnyutah] gankans I dont like the words in article "long term" and "gradual"
10:30 AM [msjeta1] gankans but he was confiring with Scooter too
10:30 AM [gankans] OUSpirit Not really certain on that on that, but if intel is saying that, then it might be true. We will see. Vietnam seems to have their own issues.
10:30 AM [mikivi] bluwolf gankans ..yes I am 100% greed with you guys....[gankans] msjeta1 The rate will not go down IMO, and from what I am told. It will go up to a rate of $9 plus
10:31 AM [lclfkojak] Wow. Crude is down nearly 5.00 today to almost 90.00 and gold is down 25.00!!
10:31 AM [pencer1] msjeta1 he has always been conservative on the rate. I think he just doesnt want people to be dissapointed if it is that low.
10:31 AM [gankans] bluwolf Yes it is.....!!!! Wooooooooowhooooooooooooo!!!!!!
10:31 AM [gankans] bluwolf That is incredible!
10:31 AM [msjeta1] bluwolf bluwolf $12 range wow is that on managed float?
10:32 AM [bluwolf] I am very happy at this point hope y are
10:32 AM [gankans] "The news agency quoted Saleh as saying aknews" that "this project, which started its gradual, need the support of the Government and Parliament, especially that purchasing power will compare the economic balmdkholat."
10:33 AM [bluwolf] No float Shabibi gave those rates in,in november
10:33 AM [msjeta1] gankans have you looked at the 5 year plan for Iraq
10:33 AM [gankans] All this is saying is that this project started out gradually, but has needed support of gov and purchasing power to get to the RV of the dinar.
10:33 AM [gankans] IMO
10:34 AM [bluwolf] And they are official
10:34 AM [gankans] msjeta1 Please let me know. No I have not. You have info?
10:34 AM [bluwolf] And you are correct iyo
10:35 AM [gankans] I love this article....
10:35 AM [gankans] This part of it
10:35 AM [gankans] The International Monetary Fund demands Iraq a number of economic measures, including privatizing banks and raise three zeros from the local currency debt and reparations which redirected rests with Iraq!
10:35 AM [pencer1] msjeta1 well the 5.25 has been tossed out a lot so that is what I am hoping for.
10:35 AM [bluwolf] Me to but I will be humble anything above 3+ is good
10:35 AM [gankans] Demands!
10:35 AM [mikivi] i will be extremely happy with $5 range and very ,very graceful by
10:36 AM [msjeta1] gankans heard it mentioned on someones call that this is all in the plan and if we had known about it we would have all saved ourselves a lot of anguish cause it basically said June 2011 was when they had to have it done
10:36 AM [gankans] "the Bank will raise the level of the local currency and the introduction of new currencies of up to 100 dollars which would address economic gap in financial payments system"
10:37 AM [gankans] msjeta1 I would like to see the info on that, because we have had drop dead dates for the past year or so.
10:37 AM [patchess4766] does anyone agree, they (Iraq) will wait until the last nano sec say like 11:59 pm June 30????
10:38 AM [jacque47] gankans gankans what date is on this article, plz?????
10:40 AM [gankans] jacque47 July 23rd, 2011
10:40 AM [gankans] June 23rd! sorry
10:43 AM [ringbell] gankans what is the June 23 date
10:44 AM [gankans] ringbell article
10:46 AM [AreWeThereYet?] from PTR... RayRen98: elsie - gettin' ready for an RV party * [LaderaRanch] RayRen98 Do u really think the RV going to be this month? or even this week? * RayRen98: LaderaRanch - yes, I feel that * [jdbellnj] RayRen98 Hey Ray... what is the current timeline for the RV from Dan/Tony... and any new intel that backs it up? * RayRen98: jdbellnj - any minute, any hour * elsie: RayRen98 YOU STICK WITH YOUR STORY AND I WILL TAKE THE ANY SECOND CLOCK *
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