FrostyTheSnowman
Maybe I'm having a "Brain-Freeze" ...but with all of this political "POSTURING" in the Middle East ... I kinda wonder if we're in for a little "show-down" with Iran ... which could INSTANTLY SHOVE oil prices up ... providing some excellent "cover" (distraction) for an RV to silently pop in the still of (any) night.
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Kaperoni
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Kaperoni
Article:
"Currency damaged .. share ample haunt the people of Kirkuk and dissipate their salaries"
Quote:
"...calling on "State-owned banks to address the currency damaged because the majority of the provinces dealt with the damaged currency through government banks..."
This is a very important thing. Remember last time they were about to start the program under Shabibi and the currency was also worn out. When they didn't, they ended up reprinting many of the notes (under Abdel Basset Turki) so the citizens would continue to use and have confidence in the dinar. To me, it looks like we are getting to that point once again. Hopefully, the CBI will begin currency reform this time along with electronic dinar to move the economy forward. Another reprinting is not beneficial.
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BGG
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BGG
Article:
"The battle for Mosul: I have never seen such hard fighting like this"
Daesh has lost half the city so far. There is no hope they will regain it. The UN came out of a security briefing just yesterday with a time-line in their heads... their comment "Daesh's days are numbered"...They did not say - directly. I take "numbered" to mean - no so long. ...I don't see Daesh in full retreat (yet) - but there is no doubt they are on the wrong end of things right now.
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Kaperoni
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Kaperoni
Article:
"Iraq and the United Nations sign an agreement to establish a fund to finance the "economic reform"
I believe Iraq is coming to a crossroads in a few months. Once Mosul is clear, there are no more excuses to not build a market economy. And under the current circumstances, Iraq has little choice but to pass the laws and open the banking system. The other option is not good since Iraq cannot even make payroll under the currency revenues and oil dependence. They will need to put people back to work to rebuild and develop the economy very soon or this could all start another cycle of violence and instability.
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wmawhite
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wmawhite
Article:
"...the news is wonderful and great , but i really do not see a change in value soon..."
If the CBI gave you a forecast of a change in value, would that enable you to see a change in value soon? Because...the CBI has done exactly that.
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Mountain Goat
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Mountain Goat
The Iraqi economy can not move in the direction they are planning to move it without first getting out of the sanctioned economy and getting off the “artificial” currency. Will it happen soon? Yes- and the CBI itself has told us all this will happen in EARLY 2017. It is now just February and we still have almost 2 months to go to qualify to still be within the reach of the EARLY 2017 timeframe. There is nothing else except watching them put together the needed laws to support the economic and financial reforms, then they will need the liberation of Mosul, but most importantly the Security breach in Iraq must be resolved.
I have told everyone keep a watch for the launching of the lower denominations. This will begin the RV. This is in FACT the ONLY way they can begin the RV process. So the CBI must take this process slowly and let it evolve. Yes-there is a plan and they are executing it. The next step is yet to come and we will see it shortly. THEY HAVE TO DO IT SOON! THEY TOLD US THEY WILL DO IT SOON! This is all FACTUAL based information from the CBI itself.
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
I have told everyone keep a watch for the launching of the lower denominations. This will begin the RV. This is in FACT the ONLY way they can begin the RV process. So the CBI must take this process slowly and let it evolve. Yes-there is a plan and they are executing it. The next step is yet to come and we will see it shortly. THEY HAVE TO DO IT SOON! THEY TOLD US THEY WILL DO IT SOON! This is all FACTUAL based information from the CBI itself.
Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru