another mailman wrote on April 21st, 2014, :It doesn't appear that the CBI plans on ending their currency auctions any time soon. It seems like a never ending supply of dinar with another 280 million dollars worth of dinar pulled in with todays auction.
BulldogFord65: Good morning: Just a friendly reminder that it's been discussed and explained many times that the auctions will continue to the day that the rate is released, so the on-going auctions should not be a concern or portend bad news for our investment. Have a blessed day!
ilovejesus wrote on April 21st, 2014, Frank, Delta, Nova, and Eagle 1 says everything is done, and it can happen at anytime.
Frank26: Correct .............. And of these 4 this 1 still feels the same.
tmellraney wrote on April 21st, 2014,: Big article. Something you and your team was looking for. No ones is talking about it. Yes the 25 is a day to look at for many reasons
Frank26: That is correct Tmellraney ........... Ta Da.
DLR » April 20th, 2014, FRANK DO NOT KNOW IF YOU ARE DOING ANY QUESTIONS THIS EVENING......
FOR THE NEXT TIME YOU DO....... IS GOI IN CHARGE OF THE GOVERNMENT OR ARE THEY UNDER A CARETAKER GOVERNMENT UNTIL THE ELECTIONS ARE OVER AND THE NEW GOVERNMENT TAKES OVER...THANKS AND BLESSINGS DLR
Frank26 » April 20th, 2014, DLR ....... IMO ........ No."Iraq should set up a caretaker government made up of respected figures, with a prime minister, a president and two vice presidents, to govern the country from the U.S. handover of power on June 30 until elections set for Jan. 31, U.N. envoy Lakhdar Brahimi said Wednesday."
These were their words last year.... But they have not this year.
Another one bites the dust?..... No.. Just another thing that .... Waits.
For elections...... IMO ........ No...... For budget?......... Nope.
For a new rate that makes sense based on all that has been accomplished for the MR of the IQD and with CH7 sitting pretty in the palm trees of their hands.
WHAT? KTFA Frank
Peaches1: Before the Kuwaiti Dinar RVed, I had cross my desk many private transactions relating to the New Kuwaiti Dinar and the Old Kuwaiti Dinar. There is something afoot here…… Learn from the evolvement of Old Kuwaiti Dinar to New Kuwaiti Dinar. History is about to repeat itself with the IQD/IQN. http://www.rahulgladwin.com/docs/pictures-of-old-kuwaiti-dinars.php
[natok] gm tnt. just stopping in leaving a link United States Dollar vs New Iraq Share Chart - USDIQN http://www.advfn.com/exchanges/FX/USDIQN/chart
[freeway2] natok Gd morning Did they say what "those sites" meant . ??
[natok] freeway2 it was the only place I had seen it listed as the iqn instead of the iqd
[Papa Bear] terrib Howdy. Kaperonis words on dealers interesting
[terrib] Papa Bear yes it was
[Gdsgrl21] Papa Bear do you have any idea what he's talking about?
[terrib] Papa Bear looks like MAYBE reserves will be no good?
[Papa Bear] terrib I have told all for some time to belly up and bring actuals home. Stop reserves and layaways and move into your hands .Also bring into hands actuals in American Depositories. Most of u know that
[Papa Bear] Pay off reserves and layaways and have shipped into your hands . Late in ballgame
[Gdsgrl21] Papa Bear most people can't afford that - that's the problem
[terrib] Gdsgrl21 true but instead of paying 100 or whatever for layaway... 100 on actual dinar all this time would have been more prfitable
[Papa Bear] MY response why take chance of problem .hit ball immediately and dont wait for curve ball
[dinardiamonds] Thats my exact thoughts the big currency dealer announcement will be NO more reserves.........
[Papa Bear] dinardiamonds Reserves and layaway changes.
[sandytob] GM. I just called Sterling Currency. They say that what we are hearing about reserves not being honored is just a rumor and is not true. Also, they are not going to stop selling reserves.
[Papa Bear] sandytob Lets see what the actual announcement is rather than speculate .They make their living buying and selling
[sananddan24] Papa Bear is it true that the Admiral Group exchanged in Reno?
[Papa Bear] sananddan24… Always interesting to hear such speculation. Did u get email? Theres your answer
[sananddan24] Papa Bear ahhhh ty
[Digs] Papa Bear what announcement are we expecting who/when to make? (( sorry, been lurking all morning, just peeking in ))
[drl] BLESSME Kaporoni said that there were going to be announcements today concerning changes within certain currency dealers. No preview as to what changes!
[sandytob] Papa Bear drl OK, just read it...he said certain dinar dealers. I think I saw that before...think Tony may have allluded to it but he had also said it would not affect Sterling......I think that's correct, unless I dreamt all this, lol.
[tommy864] According to TNT site Kaperoni states big announcement coming today from usa dealers at 1:30 pm. Who knows!
[hopeful2&2] tommy864 well he normally don't make statements like that, so lets hope its true
[.MikeH] 4-21-20 BGG: Article: "Central, (CBI) asserts its independence from the government (Maliki and CoM) and stresses that the law does not allow lends to bridge the budget deficit!!" The CBI appears to be responding to some considerable pressure by the GOI pushing for CBI “loans” to bridge their budget shortfalls. I also have a suspicion may well be in direct response to the recent “smack down” by the IMF and WB. They are telling Maliki to “BUTT OUT” …
[.MikeH] 4-21-14 Stryker: Approval by the money transfer companies to open accounts directly with the central bank It sure looks like the CBI just may be looking to move away from the daily auctions and into more of an international way of doing business. Quote: "This measure will expand special events auction of foreign currency will also contribute to the stability of the exchange rate permanently." By signing up these money transfer companies directly the CBI will have a way of selling off the petrodollars without the daily auctions. This should occur once they move to a one exchange rate system, which is the internationally standard. Quote: "The Board of Directors decided to approve the money transfer companies to open accounts directly with the Central Bank of Iraq and the Iraqi dinar to the dollar carry out procurement of foreign currency." Stryker Blog
[.MikeH] Article Link .. Central Bank allows for money transfer companies to participate currency auction