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Continuing Discussion With News Articles  From Part 1
Tlar & Members Discussing Iraqi 50 Dinar Note Being  Canceled 


Dog Gone   THE POINT OF BRINGING UP THIS OLD ARTICLE.. IS TO ILLUSTRATE THAT THE ZEROS PROJECT IS VERY REAL, IT HAS SURVIVED THE MALIKI GOVERNMENT.. 

AND NOW THAT THE ELECTIONS ARE OVER...AND EVEN THOUGH THE DETAILS OF THE GOI ARE DIFFERENT... THE PROJECT STILL REMAINS.. 

THE CBI IS STILL ON TRACK... AND WITH THE LIQUIDITY PROBLEM BEING CREATED IT SEEMS LIKE WE ARE VERY NEAR A BREAKING POINT... LIKE WE HAVE CROSSED THE POINT OF NO RETURN..

 I HOPE YOU ENJOY THIS OLD ARTICLE.. AS YOU PONDER THE CBI'S NEXT MOVE.. IN.... "THE ZEROS PROJECT".    BEST POINT BELOW IS.... ALL SPELLED OUT IN THE HEADLINE.
~~~


Tlar:    There are three different definitions going around in dinarland on what the definition of the removal of the zeros means.   Albeit, it is confusing to most.

 The first definition is removing the 3 zero notes.  

The second definition is removing 3 zeros off the currency itself indicating a 1000 dinar note would now be equal to a new one dinar note.  

The third is removing 3 zeros off the exchange rate.

The CBI in 2008 told us of their intentions early on when they mentioned in a few articles the the zeros would be removed of the "nominal rate".  This is the exchange rate.  

Again we get confirmation from the Finance Ministry on what the plan is when they told us in late 2013 that the "leading" zeros would be removed.   There are no "leading zeros" on the currency. 
~~~


Continuing Discussion With News Articles  From Part 1
Tlar & Members Discussing Iraqi 50 Dinar Note Being  Canceled 

Schiz 
    Its impossible to free float from 1166 they would destroy the pegged economies pushing their rates. As low as Iraq goes up. If they unpeg they have nothing to trade to push them up.

Schiz     Plus free float is based on supply and demand. A free float is counter productive as it would send their rate further down the charts as they supply nothing and demand everything. A free float will happen when their economy is thriving. Well after they are at a true value based on there current worth.

Mike     lol, it's not just Kap who thinks it's going to float either. 

TrinityeXChange: my friends, i have been steeped in a lot of economic research lately and have come fully and completely to believe that iraq is preparing to float the iqd. the shocks experienced by this country plus the current global currency war taking place where the united states is feverishly working to suppress the purchasing power of the dollar has forced iraq's hand.
~~~


 

(Thank You My Ladies for Allowing us to share this today)

MY LADIES:  I SENT THE CBI PDF TO VXXXXX TO TRANSLATE, BUT OTHER THAN THAT THERE IS NOTHING REMARKABLE HAPPENING IN IRAQ TODAY.
  JP:  Too soon to know??  When does news generally come out?
  MY LADIES:  A COUPLE HOURS AGO..

JP: All we can do then is what for the process to come to an end.  That's getting increasingly more difficult but ... that's reality.PD:  No change on CBI or ISX so far. Not traded since the 26th.
  MY LADIES:  THIS IS INTERESTING, THE GOVERNMENT SUPPORTING THE PRIVATE BANKS, THEY ARE SUPPOSED TO BE SEPERATING THEMSELVES FROM THE PRIVATE SECTOR.

The government plans to issue bonds to support private banks  01/03/2015
....


Morning News Comments 03/01/2015

Baghdad Operations announces the opening of the street next to the central bank today

[tlm724] how about that ! They are making it easier to access the bank, they must feel pretty confident in their security    

[cat] come on in huh 

[tlm724] to facilitate the movement 

[tlm724] cat yeppers

[tlm724] they must expect some people to come and deposit their 50 notes 

[cat] soon too 

[tlm724] yes
~~~


 

Stage3Alpha: 

White Wolf: 
March 1, 2015 at 10:35am What happened to the rv this time

AJMO603:  White wolf I think it may happen after Abadi's speech tomorrow in Parliament where all the different political blocs have agreed to be present. That begins @ 11am Iraqi time. JMO

LEB > White wolf Who is to say it hasn't happened? I don't believe it will come in with great fanfare, but quietly, almost an afterthought.


AJMO603 :  Abadi to discuss political agreement document in Parliament Monday session
Published: 2015/2/28 22:50 *

Abadi to discuss political agreement document in Parliament Monday session
....


aggiedad77 � March 1st, 2015, 12:53 pm

Sunday News Summaries and Commentaries

So what can we find in the news today.....plans to retake Tikrit....CBI plans to remove the 50 dinar note go forward....PM Abadi to address security issues, budget, and cash flow in Parliament session tomorrow.....

Sunnis commit to attending Parliament session tomorrow....Iraq isn't bankrupt and can get loans internally and externally....talk about the CBI auctions, to be or not to be.....oil, how to grease a pig....ok ok....

Turkey will recognize that Iraq and its people are the sovereign owners of all their oil.....Kurd oil money parked in the Turkish bank Halk will stay there for the time being....Baghdad and Erbil talk agreements.....the Integrity Commission is serious about jailing those guilty of taking money.....

Securities Commission Act is to be activated.....President Masum speaks publicly and announces that Kurdistan contributes to Iraqi enrichment for all...will we soon see an agreement being reached by Baghdad with Erbil.
....


 

Stage3Alpha:

R.V./GCR: March 1, 2015 at 7:48am

Basil 3 on March 1

The Feds will turn over the Basil 3 contract to Congress on March 2

Congress convenes on Tuesday, March 3

This should be the trigger mechanism that witnesses the release of funds so the New Republic can stand up and operate

The TONA will then be in effect - no lawyers in Congress unless they surrender the BAR license

When ADM signs, the groups start THEN BANKS NEXT WEEK ITS ALL GOOD....STOP BEING IN A HURRY
  

.... 


The below posts were in our 10am newsletter
Jester's Place:

[Jester] HI EARLY BIRD S.... HOW'S IT GOING?

[Americana] Jester going slippery in Texas... we are iced in hello to you

[Jester] WELL THAT IS TOO BAD... HOPE YOU CAN GET OUT SOON...

[Americana] Jester we will..we're tough that way.. how are you?

[Jester] WELL I JUST DROPPED IN TO SEE IF ANYTHING WAS GOING ON...

[ModelWoman] Found this Jester  LINK
 
[Jester] ModelWoman THEY BEEN DOING THAT PRETTY REGULARLY LATELY BUT I CAN'T FIGURE OUT IF THAT IS A REPRINT OF THE ONE THEY DID LAST OR NOT...
....


A SUGGESTION FROM THE HEART OF DEBTARHEELGIRL

QUESTION: HAS MUCH THOUGHT GONE INTO YOUR FINANCIAL GIVING?

As we near our blessing coming to pass, hopefully by now, you have been seeking ways to protect, invest, help others  with your coming financial blessing.  If not, take the time NOW to serious contemplate this.

There are MANY organizations that go abroad and will continue to do so to care for the lost, hurting, needy and dying. Some we know and have supported in our giving.


I want to strongly encourage everyone to consider keeping money within the borders of the United States of America
.... 


 

BondLady and Admins Chat 02/17/2015 Gold !  (Reposted today in light of new article}


Central Bank bought gold to be used as a cover for the process of deletion of zeros from currency 

02/17/2015      BAGHDAD / JD / .. is heading the Iraqi Central Bank to invest cash reserves of hard currency through the purchase of gold, especially after the decline in gold prices in world markets over the past months, in a move it to diversify its reserves, 

the fact that gold is a store relatively safe for the value of the local currency, where the Council announced International gold buying CBI 48 tonnes of gold during 2014.

A number of experts and specialists in the financial and economic affairs central bank's move to buy gold as positive the fact that gold is a safe cover for the local currency and maintains its value against foreign currencies especially at a time when the global economy is witnessing a decline in the growth of global markets, gold prices declined.

He says the parliamentary finance committee member Tariq Rashid, that the use of the Iraqi Central Bank to buy large quantities of gold probably will be used as a cover for the new currency, which purports Bank issued and is also used as a cover for the process of deletion of zeros from the Iraqi currency.
~~~


Millionday News 2/28/15   Part 2

Welcome to dinarupdates.com for News Time with Millionday!!

Millionday: NOTE -- SOUNDS LIKE THEY WANT TO HAVE SOME THINGS SPECIFIED AS WELL

Millionday: He noted the National Alliance MP to "the importance of this step and the need to be repeated from time to time and the other time." , noting that "the security situation and the distribution of military units in the war with (Daash) will be at the forefront of what he was talking about the Prime Minister at the meeting."

Millionday: NOTE -- ONCE AGAIN WE SEE -- DAASH HAS TO BE ADDRESSED OBVIOUSLY
~~~


Millionday News 2/28/15   Part 1

Welcome to dinarupdates.com for News Time with Millionday!!

Millionday: Finance Committee in the House of Representatives on Saturday revealed, for the purchase of Iraq's 36 tons of gold bullion to strengthen the Iraqi currency.

Said committee member Ahmed Hama, told the "eye Iraq News," The Iraqi government has bought 36 tons of gold bullion to raise the value of the Iraqi currency in the global markets and thereby became Iraq is ranked 37 among the nations of the world. "

Millionday: NOTE -- CBI HAS BOUGHT MORE GOLD TO RAISE THE VALUE IN THE GLOBAL MARKETS --- THIS WOULD MEAN THEY ARE GOING TO THE GLOBAL MARKETS

Millionday: NOTE -- THIS IS WHEN (SORRY)
~~~


 

I4U:

Bailey2: Poppy3: RICH FRIENDS, EARLY THIS MORNING PARLIAMENT MEETING REPORTS SEVERAL OF THE MAIN LAWS WE BEEN WAITING ON WILL BE FINISHED AND IMPLEMENTED TODAY AND TOMORROW.

THE ABSOLUTE RUSH IS STILL ON TO COMPLETE THE FINANCIAL REFORM AND CURRENCY REFORM AND I AM MORE ENCOURAGED THAN EVER .

ALL INDICATIONS ARE THE NEW RATE WILL SHOW ANYDAY NOW AT ANYTIME .

ANY SPECIFIC DATE WILL NOT MATTER WHEN THEY FINISH THEIR CHECK LIST THEY HAVE TO COMPLETE WE WILL SEE THE NEW RATE AND ALSO THERE HAS BEEN MANY REPORTS THAT THE NEW RATE WILL BE CLOSE TO WHAT I HAVE ALWAYS STATED

I THOUGHT IT WOULD BE IN THE $3.00 PLUS RANGE SO BE PREPARED.   POPPY3
.... 


Brule: Iraq Buys 36 Tonnes Of Gold To The Strengthening Of The Currency

2 28 2015   BAGHDAD / .. of the Finance Committee in the House of Representatives on Saturday revealed, for the purchase of Iraq's 36 tons of gold bullion to strengthen the Iraqi currency

Said committee member Ahmed Hama, told the "eye Iraq News," The Iraqi government has bought 36 tons of gold bullion to raise the value of the Iraqi currency in the global markets and thereby became Iraq is ranked 37 among the nations of the world. "
~~~


Vietnam To Pursue More Loose Monetary Policies In 2015

VietNamNet Bridge - Vietnam has decided to loosen monetary policies in 2015 in an aim to hasten national economy recovery. 

However, the narrowing of the gap between the dong and US dollar interest rates will worsen the dollarization situation in Vietnam.

The State Bank of Vietnam (SBV) has asked commercial banks to ease the medium- and long-term lending interest rate by another 1-1.5 percent in 2015, a move which implies that Vietnam accepts the loosening of monetary policies to help stimulate the economy.
~~~



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