You will need to actually READ this to fully understand it. It's AWESOME! I sure hope his translator is as accurate as he says...
I thought this was a good read and wanted to make everyone aware of it. I could not find where it had already been posted.
Kaperoni's last chat
[kaperoni] Hi Everyone. Welcome to ********* Chat.
[kaperoni] I truly feel blessed to have spent the last 6 months on this site with all of you, doing my best to provide accurate insight into this investment. Many of you know me from other sites and the years I spent reading and chatting about the dinar.
[kaperoni] Tonight’s chat will be my final chat.
[kaperoni] This information spells out the conclusion to the RV of the New Iraqi Dinar. The site has many great people who have worked very hard to make it a success,
[kaperoni] from Admin Bob, to Tgirl, LaDonna, ellie and so many more that have contributed in chat and the forums. I want to thank you all for the time you spent and the confidence you showed in this site and its members.
[kaperoni] Bob has opened a new Tab in the Forums for post RV information.. He is committed to keeping the site up for a period of time for each of you to share your stories, your experiences, and whatever else you wish to share with one another.
[kaperoni] The site will shut down at some point, but we both feel the next step is important, and everyone can learn from one another on that process, cashout fees, rates, banks, etc. Please use that Tab to communicate.
[kaperoni] Be assured that the information in this user database will be destroyed. ********* will not sell or give your personal information to anyone. That being said, I have mentioned
[kaperoni] to several that I feel it important that you change your email, and phone numbers. There is a high probability you will be solicited from other sites...
[kaperoni] if you are registered with others of course.
[kaperoni] Ok, lets get started.
[kaperoni] Many of you know I have a great friend who I met a few years ago. He is an Arabic translator and has many times interpreted the articles and links I have sent him.
[kaperoni] His contribution to figuring out this information is simply invaluable. His insight has simply again been invaluable to us a team working to achieve the same goal. He has my full trust and I have tremendous respect for his dedication.
[kaperoni] Thank you my friend the Arabic translator!
[kaperoni] Now, in recent days there have been several articles out pertaining to the dinar. Articles that say, in essence, the preparations are done and they are ready to move ahead with the new currency of Iraq…the lower denominations.
[kaperoni] Tonight, I will share the links to these articles and provide insight from my Iraqi translator friend. His translations often pick up information that the standard translator does not such as Google, Bing. etc.
[kaperoni] Here is the first article..
[kaperoni] Central decides to restructure the Iraqi currency
[kaperoni] http://www.microsofttran ··· 47913%2F
[kaperoni] Here are my friend's views…
[kaperoni] "This article basically states that CBI intends to release a new currency, and that this plan was agreed upon with CBI in conjunction with the IMF as part of Iraq's plan
[kaperoni] for strategic long-term economic development and that the IMF would continue to support the Iraqi economy."
[kaperoni] Do you see what he said?
[kaperoni] This is the plan for them to move forward as the IMF is their guidance.
[kaperoni] "The article states that the new denominations will reach up to 100 Dinars.
[kaperoni] This means that the highest bill that will be in circulation will be a 100 Dinar bill.
[kaperoni] The rate must be realistic with that note being the largest.
[kaperoni] There will be other smaller bills, but the article does not specify what they are going to be (if they will be 1, 5, 10, etc). They state that this will help with payments and purchases
[kaperoni] and make those transactions easier for people and for government transactions, such as paying for war reparations. The article also states that this is a change in tune from what was said earlier in the year, when the GOI denied that there
[kaperoni] would be any changes to the currency."
[kaperoni] Here is the next artricle… Advisor to the Central Bank's "by the people": "Structuring currency" includes lifting of the zeroes and the issuance of new categories
[kaperoni] http://translate.googleu ··· 583%2B%2
[kaperoni] From my translator friend...
[kaperoni] "This one also re-states what the previous articles have said and really discusses more of the reasons for the removal of the 3 zeros and the new lower denoms, which are the same
[kaperoni] reasons that we talked about before, such as giving more purchasing power to a smaller amount of notes (instead of big bills with little purchasing power) and facilitating private and government transactions and reducing inflation and
[kaperoni] strengthening the Iraqi economy, etc. "
[kaperoni] Now here is the last one…Pay close attention to this article….Maliki's meeting of independent bodies
[kaperoni] http://translate.google. ··· 66-.html
[kaperoni] We are going to key in on the bottom paragraphs here, as these are statements from Shabibi himself the head of the CBI….
[kaperoni] "The bottom statement, the one from Shabibi, states that there will be an upcoming change with the Dinar within the next week to no more than 10 days. He says that there
[kaperoni] will be lower denominations in the Dinar, and that he understands that people may be worried about how the new currency will work, but he says that there should be no reason for people to worry about it because it is all really simple mathematical calculations
[kaperoni] and they will quickly learn and get the hang of it. The last part to the statement is not well worded, but from what I understand it is something along the lines of they
[kaperoni] are waiting for a final vote (I assume he is talking about parliament or the council of ministers) and that all the people that were needed for the vote were not present, but they working to get it set up where everyone who needed to be
[kaperoni] present for the vote would be so they could vote and complete the last step needed."
[kaperoni] Ok, we now have confirmation of the RV window!
[kaperoni] More from my translator friend ...
[kaperoni] " It truly sounds promising to me! As I have mentioned when we've talked previously, I wouldn't be worried about the vote because CBI is independent and they have basically
[kaperoni] made up their mind that they are going to RV and they have printed all of this money obviously if they plan to do it within 7-10 days, so I don't think they would have gone through all this trouble if they knew that there was a chance that it could
[kaperoni] be blocked or not approved. I truly believe the vote is just a "legal formality" and that CBI is going to get this done either way. "
[kaperoni] "And truly, 7-10 days is just around the corner, which would be the 30th to the beginning of July, and that is the date that we have been watching out for. "
[kaperoni] That is the end of this chat. I believe we now know the window of the RV, and it is in the month of June.
[kaperoni] Kap
