Emailed To Recaps:
sczin11: WHAT IS GOING ON? CBI GOVERNOR IS ALL OVER THE PLACE! KEYWORDS THIS, KEYWORDS THAT..CAN YOU SAY..THE STUFF IS ABOUT TO HIT THE FAN?
BIG RELEASES FROM THE GOVERNOR OF THE CBI TODAY, SATURDAY...THE FIRST SATURDAY BANKING DAY IN IRAQ, AND THE DAY BEFORE THE EMERGENCY FINANCE COMMITTEE MEETING...AND TWO DAYS AFTER THE COM CRISIS CELL MEETING...
HE ADMITS BEING UNDER PRESSURE...
HE STATES INFLATION IS NEGLIGIBLE...HE CONFIRMS REMOVING THE 8% TAX ON CURRENCY EXCHANGE EFFECTIVE TOMORROW, SUNDAY, JUNE 21, 2015...( when in fact, earlier in the week, it was announced July 1)...
HE STATES MONETARY PLAN MODEL NEEDED FOR currency IN THE COUNTRY...HE CONFIRMS $68 BILLION IN BANK RESERVES...
....
sczin11: WHAT IS GOING ON? CBI GOVERNOR IS ALL OVER THE PLACE! KEYWORDS THIS, KEYWORDS THAT..CAN YOU SAY..THE STUFF IS ABOUT TO HIT THE FAN?
BIG RELEASES FROM THE GOVERNOR OF THE CBI TODAY, SATURDAY...THE FIRST SATURDAY BANKING DAY IN IRAQ, AND THE DAY BEFORE THE EMERGENCY FINANCE COMMITTEE MEETING...AND TWO DAYS AFTER THE COM CRISIS CELL MEETING...
HE ADMITS BEING UNDER PRESSURE...
HE STATES INFLATION IS NEGLIGIBLE...HE CONFIRMS REMOVING THE 8% TAX ON CURRENCY EXCHANGE EFFECTIVE TOMORROW, SUNDAY, JUNE 21, 2015...( when in fact, earlier in the week, it was announced July 1)...
HE STATES MONETARY PLAN MODEL NEEDED FOR currency IN THE COUNTRY...HE CONFIRMS $68 BILLION IN BANK RESERVES...
....
HE CLEARLY STATES THE RESERVES CAN COVER THE DINAR EXCHANGE RATE CONVERSION, BY 2 TO 1
IMHO, THE PREVIOUS STATEMENT JUST ABOVE, INDICATES A REDUCTION IN THE VALUE OF THE IRAQI DINAR IN CIRCULATION BY ABOUT 40%, SINCE BEGINNING OF THE YEAR WHEN RESERVES WERE STATED AT $80 BILLION...
KEYWORDS CONTINUES TO STATE THAT THE THE PRICE OF GOODS TO THE CITIZENS WILL DRASTICALLY BE REDUCED IN A FEW DAYS (indicates increased purchasing power for the importers) AND IN SAME SPEECH, STATES OIL PRODUCTION HAS INCREASED...
THIS IS MORE NEWS IN ONE RELEASE BY THE ACTING GOVERNOR OF THE CBI, THEN WE HAVE SEEN IN TOTALITY OVER THE LAST 10 MONTHS...
THE MEDIA COVERAGE OF THIS PRESS CONFERENCE WAS HUMONGOUS... THERE ARE MANY MANY VERSIONS, SOURCES, AND OPINIONS...
REMEMBER FOLKS, NEWS IS PAST TENSE IN MOST CASES...IT IS INFORMATION ON WHAT HAS ALREADY OCCURRED...
IMHO, THE PREVIOUS STATEMENT JUST ABOVE, INDICATES A REDUCTION IN THE VALUE OF THE IRAQI DINAR IN CIRCULATION BY ABOUT 40%, SINCE BEGINNING OF THE YEAR WHEN RESERVES WERE STATED AT $80 BILLION...
KEYWORDS CONTINUES TO STATE THAT THE THE PRICE OF GOODS TO THE CITIZENS WILL DRASTICALLY BE REDUCED IN A FEW DAYS (indicates increased purchasing power for the importers) AND IN SAME SPEECH, STATES OIL PRODUCTION HAS INCREASED...
THIS IS MORE NEWS IN ONE RELEASE BY THE ACTING GOVERNOR OF THE CBI, THEN WE HAVE SEEN IN TOTALITY OVER THE LAST 10 MONTHS...
THE MEDIA COVERAGE OF THIS PRESS CONFERENCE WAS HUMONGOUS... THERE ARE MANY MANY VERSIONS, SOURCES, AND OPINIONS...
REMEMBER FOLKS, NEWS IS PAST TENSE IN MOST CASES...IT IS INFORMATION ON WHAT HAS ALREADY OCCURRED...
AMNESTY LAW IS BEING PUSHED HARD FOR APPROVAL, EVEN BEFORE PARLIAMENT RESUMES ON JULY 1... EVEN REPORTS TODAY, STATING IT WILL BE APPROVED BEFORE EID, END OF RAMADAN...
THEN WE HAVE PUBLISHED THE AMENDED NATIONAL GUARD LAW....HMMMM...WHY?
WE DONT USUALLY SEE THE LAWS IN PRINT, BEFORE THEY GO TO THE HOUSE FOR READING AND VOTES...A MEETING WITH IRAN, DURING ALL THESE HAPPENINGS?
And... INK THAT STATES ALL THE RHETORIC ON THE ISSUING OF THE LARGE DENOMS, 50 AND 100 K NOTES, WAS JUST THAT, THEY HAVENT BEEN EVEN DESIGNED YET...
AND TODAY, THE NEW STATEMENT BY KEYWORDS, IS THEY WILL COME OUT BY END OF YEAR, AND 100K PROBABLY WILL NOT COME OUT...BY THE END OF THE YEAR HE STATES...IS THAT BECAUSE IT GIVES ENOUGH TIME FOR HIM TO BE REMOVED, AND THE NEW GOVERNOR INSTALLED...AND HENCE NO ISSUANCE OF THEM, THE LARGE NOTES, AT ALL...
AND, DO NOT MAKE LIGHT IF THE APPEARANCE THIS WEEK, OF DR. SINAN AL SHABIBI, WITH THAT LONG, DETAILED, REPORT...
THERE ARE REASONS AND PLANS..... WHAT DO YOU THINK?
THEN WE HAVE PUBLISHED THE AMENDED NATIONAL GUARD LAW....HMMMM...WHY?
WE DONT USUALLY SEE THE LAWS IN PRINT, BEFORE THEY GO TO THE HOUSE FOR READING AND VOTES...A MEETING WITH IRAN, DURING ALL THESE HAPPENINGS?
And... INK THAT STATES ALL THE RHETORIC ON THE ISSUING OF THE LARGE DENOMS, 50 AND 100 K NOTES, WAS JUST THAT, THEY HAVENT BEEN EVEN DESIGNED YET...
AND TODAY, THE NEW STATEMENT BY KEYWORDS, IS THEY WILL COME OUT BY END OF YEAR, AND 100K PROBABLY WILL NOT COME OUT...BY THE END OF THE YEAR HE STATES...IS THAT BECAUSE IT GIVES ENOUGH TIME FOR HIM TO BE REMOVED, AND THE NEW GOVERNOR INSTALLED...AND HENCE NO ISSUANCE OF THEM, THE LARGE NOTES, AT ALL...
AND, DO NOT MAKE LIGHT IF THE APPEARANCE THIS WEEK, OF DR. SINAN AL SHABIBI, WITH THAT LONG, DETAILED, REPORT...
THERE ARE REASONS AND PLANS..... WHAT DO YOU THINK?
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