IQD CALLS Chat Wednesday Evening 10-2-19
IQD CALLS Chat Wednesday Evening 10-2-19
Zig To access "FLOAT ARTICLES" sent to me by Kaperoni please go to https://www.iqdcalls.com/kaperoni.html also found on that page are Kaperoni's archived calls and his Tweets....IF you have interest...... :)
Kaperoni The document i sent with articles and the links. But most of the links come from media sites that may or may not exist any longer but who cares the article is still there to read. Media sites come and go all the time. That does not make the information any less credible or not.
Kaperoni Again, with excess of 42 trillion dinar outsife the banks which the cbi is liable for there can never be an overnight significant rv
Young_SC Kaperoni In addition to the results achieved on the scope of monetary policy applications internally and convince global financial organizations, the most important official reports issued by them confirmed the success of the policy of the Central Bank to achieve an important transition to the Iraqi economy and achieve stability in the exchange rate and the recovery of the Iraqi dinar and raise its purchasing power, one of the objectives of strengthening the economy.
Kaperoni The articles i sent range from 2018-2015 i think
Kaperoni Much of what you guys are posting you misinterpret when they talk about stability of the dinar they're talkin about a period of time. Time the IMF requires in order to get acceptance into Article VIII.
And if you go back and read the IMF Article IV Consultations you will see that they all mentioned stability because that is what they're doing at this time but that isn't long-term in fact it can't be long term because if they're going to get an influx of capital into the economy it's going to create significant inflationary pressure in which an alternative tool is necessary
Kaperoni One of the articles I sent about the float is even more specific where it talks about the timing wasn't right in 2015 to float but once the conditions are in place and investment comes into the country then the conditions are ripe for a float so my point is these articles that you're reading or not absolute
Kaperoni Zig unfortunately you have a bunch of people in here that are very very naive either they're new to the dinar or they're just outright * and want to believe but they're in for a wake-up call when they realize that they'll never get rich overnight.
It might take him a year or two more but eventually they're going to realize that there's just too much money in circulation for any kind of an overnight RV and more importantly it's just not how things are done. The CBI is a professional organization and uses tools to control the economy in the in Iraq they would never just significantly RV the currency
Zig Dave : 20 trillion.....40 trillion.....what's a few trillion among friends??......lol..... :na;
Kaperoni Look it's okay to accept the fact that you got taken by a con man. You fell for his BS religious nonsense and fall for his crap everyday that is fake including his contacts that are fake but the fact is better that you know now than later that you're never going to get rich overnight
Kaperoni Zig exactly Ziggy doesn't matter anything over 2 trillion is too much
Young_SC In addition to the results achieved on the scope of monetary policy applications internally and convince global financial organizations, the most important official reports issued by them confirmed the success of the policy of the Central Bank to achieve an important transition to the Iraqi economy and achieve stability in the exchange rate and the recovery of the Iraqi dinar and raise its purchasing power, one of the objectives of strengthening the economy.
Kaperoni They've been using wheelbarrows for years what's the difference if they have to use them a few more? They're either going to do one of two things they're either going to Lop first to get to 1 to $1 exchange rate reducing the money supply from trillions to billions.
And then float the currency allowing it to rise. Or they're going to just float it from the beginning and allowed to gradually increase over time allowing them to reduce the money supply we don't know that answer yet but it's not going to RV
Young_SC Kap that statement was from the CBI
Zig Just say, Kap, I disagree with you and let it go.......
Zig Peeps get too worked up about all this.....we will either profit "somehow" or we will not......simple.....
Kaperoni You better off putting your time and energy into figuring this out on your own then listening to those morons. I've given you some good reading material through Zig you should all read it and then do some additional research to find out as much as you can about the transition to a market economy because that is the key to the success of the dinar. This is not some random event
Kaperoni What do you think they're talking about when Parliament gets involved? They're talking about taking the zeros off the notes it's in print it's in the Articles themselves they were added back in 2003 because of the significant inflation the currency is that a point now where they can remove them where they just simply take them off and introduce a new currency
it's a neutral event nobody makes any money and if the dinar appreciates beyond that then you would make money. But you're talking about maybe doubling your money at best or tripling your money certainly not the significant game that the gurus are perpetuating
Dave Kaperoni Sanctions killed their rate
Dave we bombed them into obscurity
Kaperoni But we don't want Parliament involved. And I'm pretty sure the IMF is told Iraq they don't want Parliament involved. And I think Iraq is figured out for themselves that they don't want to remove the zeros off the notes as Parliament as insisted.
So what we're hoping for is a significant amount of capital to come through the financial system and allowing the CBI then to float the currency which would allow the currency to go up drastically over months or years.
Dave but that is what Russia Turkey Belarus Mexico Kuwait did.....
Kaperoni And certainly it's not in Iraq's best interest to do that for their reputation internationally
Kaperoni Look I'm a dinar investor and I want to make money but I want to also know the truth I don't want to sit on the edge of my seat every day to some BS about it's going to happen today or tomorrow or this stage is done or other nonsense these gurus makeup. So I researched this investment and find the truth
Kaperoni Many of you think a float is just some kind of a idea or thought. But it's not its monetary policy. It's a tool and it's what most countries do. Most countries float and there's a reason for them doing what they do. And the CBI is creating the conditions now so that they can float the currency.
How do I know that? Because they've stated so. We're seeing a ton of effort put into the creation of a market economy and efforts to launch that which will create a substantial amount of capital in the country.
The result of all of that money flowing through the financial system will create inflationary pressure on the financial system and they must float to offset that pressure or they will lose control over the stability
Dave 1000 fils for that coke,......lol
Kaperoni So this is not some opinion or random thought this is well documented. This is what central banks do they don't do anything arbitrarily
Dave not hyperinflationary
Kaperoni So what I did today was give Zig a bunch of float articles many of the links probably don't work anymore but that's because the media companies no longer exist but the article does.
So educate yourself and read all of those and learn about monetary policy and creating the conditions you will feel much better about this investment
Deano rate comes out at $3.91 and floats up to $6.00. I can handle that.
Dave Deano weeha
Zig https://www.iqdcalls.com/kaperoni.html link to articles above archived calls..needs downloading, etc
Kaperoni Deano There's / 42 trillion dinar they can't RV at a dime and support that.
Dave Kaperoni yes you mentioned that cbi pays govt employees in sacks stuffed with cash
Kaperoni They have to reduce the money supply and they can't do under the current daily auction program. The only way they can do it is to reduce it gradually as they get people to bring the dinar into the banking system. Remember the CBI stated clearly that in excess of 45 trillion existed outside the banking system
Kaperoni Even if all of the money was electronic in the financial system and there wasn't any money outside the financial system they still couldn't just make the zeros go away because that would be a lop and anyone who held physical currency would be taking advantage. So they have to be treated equal both electronic currency and physical currency
Dave Kaperoni cash went to pay salaries
Dave cBI pays govt employees now....?
Kaperoni But the problem is like I've already said the CBI has already come out and stated clearly that there's an excessive 45 trillion outside the banking system. whatever the amount is it's it's a lot it's more than the world's money supply. And they need to reduce that before they could ever add any significant value to the currency.
Kaperoni So they either Lop, and Parliament gets their way. Or they reduce the money supply gradually and Float the currency
Dave I've already said the CBI has already come out and stated clearly that there's an excessive 45 trillion outside the banking system.
Dave show me pretty please
Kaperoni I just hope people that are in this chat room start getting their heads on straight and not listening to the guru nonsense because it's all fake. There is no overnight significant RV but I have to go so have a good day
Kaperoni Dave I posted in this chat room so you'll have to go back a few days and the link is already there I don't have time to find that article again but it's a direct published article of information from the CBI
Deano @Kaperoni It’s either this week or next week where they are actually going to come out with [Lower Denom] pictures IMO. It will be Allaq…to come out and say we’re ready to distribute the lower denoms. But before that, pictures and explanations of these lower denoms.om Frank26
Dave Kaperoni yes read it......printed was my take
Dave translation difficulties again i suppose
Deano Now what does those three initials stand for? And can you provide proof that this is wrong? I've asked Frank26 if he can provide any confirmation.
Dave even added braille
Dave printed 45 T to replace those old ones yrs back
Dave If wheel barrows and 1000 fils for a coke make the most reasonable sense from an economic perspective....... I really need to join up with TNT et-al
Zig None of the people out there have any control over this.....so take it all with that proverbial "Grain of Salt"......all we can do is either wait or quit.....
Xyz Zig 10-2-2019 Intel Guru Frank26 ...It's either this week or next week where they are actually going to come out with [Lower Denom] pictures IMO...It will be Allaq...to come out and say we're ready to distribute the lower denoms...But before that, pictures and explanation of these lower denoms...
Dave I just hope they ramp up the protests...read 15 days to issue warrants for the corruptors...or ????
Dave (BAGHDAD: Euphrates News) The parliamentary opposition announced its full solidarity with the legitimate demands of the demonstrators.
"It is regrettable that the country has witnessed a marked decline in the situation and the spread of popular protests in most areas of Baghdad and the provinces, and we express our deep regret over the deaths of demonstrators and security forces," the statement said.
He added, "While we call on the demonstrators from our people to take peaceful methods of demonstrating and expressing their protest and the preservation of public and private money and not to allow engineers to enter their ranks to miss the opportunity on their trainees and achieve the desired goals of demonstrations and sit-ins."
The opposition front announced today "its full solidarity with the legitimate demands of the demonstrators and we believe that all the declared demands are true demands and can be implemented with deliberate steps within a short period of time."
It demanded the following:
Zig Hey FLOATING is better than SINKING ya know......lol
Dave 1 - We call the Presidency of the House of Representatives to convene an emergency session and the presence of the Commander-in-Chief of the Armed Forces devoted to discuss security events and the development of legislative solutions and obligate the government to implement them.
2 - Compensation of the victims who died as a result of the recent demonstrations, whether civilians or security forces, and hold the negligent.
3- Providing job opportunities for our young people by operating factories and factories that are stopped after they are invested and withholding the privileges of special grades and presidencies and turning them into job grades for the unemployed.
4 - The Government to open the door of investment and overcome all obstacles and red tape that prevents the bringing of capital and technology to the country and give priority to the employment of local labor, especially in oil companies and dispensing with foreign workers.
5 - Referring all those who claim the economic work of the parties and committing the Supreme Council against Corruption to submit large corruption files to the judiciary and names and within a period not exceeding 15 days.
6- Obliging the two ministries of higher education to operate the degree holders by requiring universities to work on a system of separation from morning to evening.
Deano @Young_SC I'm not going to look down on anyone who does research. Hell I research topics and documents for school all the time lol. But I'm not going to bash anyone because I think I'm right and they're wrong
Young_SC Once the lower denoms come out for the citizens as quoted by the CBI a few times then the rate does have to change
Young_SC Lower notes do not line up with the 1190 rate right now
Young_SC Deano That is why i told a few people including Baxter that honestly i think people should be paying attention to what Frank is saying