9-27-2018 Newshound/Intel Guru Mnt Goat

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9-27-2018 Newshound/Intel Guru Mnt Goat

Post  Admin on Fri Sep 28, 2018 10:18 am

 The CBI has just recently...told us that they fully intend to infuse yet even more of the 20, 500 and 1,000 notes into circulation. Why would they do thisThey are doing this since these notes are now the most widely used notes in Iraq. They are even going after the worn-out notes and replacing them. They do not even mention the larger 3 zero notes anymore. But we know they are still there. We know that the CBI told us these older 3 zero notes will coincide with the smaller category notes for at least 10 years.   [post 1 of 3....stay tuned]

9-27-2018   Newshound/Intel Guru Mnt Goat     Are there still the larger 3 zero notes in circulation?  Yes of course...only 2/3 were taken out of circulation and so 1/3 still remain. Don’t forget also we hold some of this remaining 1/3. The CBI wants to retrieve these too. There are even some of the ATMs in Iraq that are still dispersing them. But this is short lived not the norm or the trend the CBI wants to push the monetary policy towards.  These ATMs are only temporary and will change over as more of the smaller categories are dispersed by the CBI in the coming weeks and months. We know that the denominations the CBI still has to yet disperse are the 5, 10, 25, 50, 100 notes and coins...the 100 dinar denomination is probably the most likely note to be issued next.   [post 2 of 3....stay tuned]

9-27-2018   Newshound/Intel Guru Mnt Goat     ...Many keep asking me - Will this RV ever occur...it will soon and is actually underway.  ...We know (since they CBI itself has told us) that the reinstatement will be at a much higher rate and the currency will be re-pegged off the sole de facto peg to the US Dollars to an “SDR basket” of five currencies, one of which will be the US Dollar.  We know (since the CBI itself has told us) that they want to move the Iraqi dinar back to its “glory days”...the 1930’s and 1940’s..  We can then look up the past rate of this period and see it was steady at around $4.86 USD per 1 dinar. This leads me then to believe that this is around the stabilizing, normalized rate that the CBI intends to have dinar someday soon.   [post 3 of 3]


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