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AJ’s Intel 02-02-12
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CaptnJerry
Searay 32
geezer
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Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
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AJ’s Intel 02-02-12
http://www.alforatnews.com/index.php?option=com_content&view=article&id=5745:2012-02-01-14-46-54&catid=37:2011-04-08-17-25-57&Itemid=57
“Abtan said in a statement to the Euphrates News Agency {} that "the central bank steps to remove the zeros of the Iraqi dinar, a bold and would raise the exchange value of the dinar against the U.S. dollar."
The above statement in my opinion means that the nominal value is 1 Iraqi Dinar = 0.0008592 US Dollars as of 2/2/2012. If you remove the 3 zeros you have .8592 or about 86 cents to the USD. The USD is currently 78.98 at http://www.kitco.com/market/.
The above two figures leaves a 6.94 cent difference for the CBI to make a profit buying the USD out of the market place or Iraq.
“Abtan said, that "the steps the bank will be the largest impact on the Iraqi economy and the lives of citizens in the event of an economic plan put in one of its components are the central bank.”
The next statement above is used to get the citizens of Iraq RV takes place, as I predicted these articles would come out in the near future in AJ’s Intel of 01-31-12.
http://dinardaily.forumotion.com/t18017-iraq-parliament-calls-to-stop-selling-the-dollar-at-the-auctions#116966 Date: February 2, 2012
“Addressed the Economic Committee in the Iraqi parliament, central bank official, to stop the sale and the dollar auction.”
The above statement from this article has already been started with the recent two CBI auctions being the lowest I have seen yet, with about 8 million Iraq Dinars sold to 7 banks. I believe that the lower denominations are being sold to the banks, but have not been released to the public yet, that will come in a short time.
“He added that officials in the Iraqi Central Bank confirmed that they now are developing a new mechanism to participate in bids to buy the dollar, and how they will exchange the dollar and hard currency, and we will follow up this subject first, first in order to preserve the cash reserves of Iraq.”
In my opinion they plan to buy the USD out with the lower denominations and that is the mechanism, which make total sense.
“The al-Alwani, that the smuggling of currency and a negative impact on the Iraqi economy is bad, and will affect the reserve currency, and the exchange rate of the dinar against the dollar, also has a serious political dimensions.”
The above statement and underlining is meant to warn that if Iraq does not stop the smuggling of the US dollar to Iran it could have a serious impact on Iraq and chapter VII sanctions.
“He continued, so they are trying to fill the deficit, if there was damage to Iraq, and this cannot accept it, and we will stand against all who try to empty Iraq of foreign currency, and will not compromise the country's wealth for the interests of others.
The above statement means that Iraq must act quickly and if they do not, Iraq’s resources could be drained before the CBI can buy back all the US dollars in Iraq.
In my opinion the above two articles are meant for several reasons, one to convince the people of Iraq to use their own currency once the RV occurs, to warn those who are smuggling US dollars into Iran and to rain in the wealth of Iraq before those US dollars leave the country.
God Bless,
AJ
“Abtan said in a statement to the Euphrates News Agency {} that "the central bank steps to remove the zeros of the Iraqi dinar, a bold and would raise the exchange value of the dinar against the U.S. dollar."
The above statement in my opinion means that the nominal value is 1 Iraqi Dinar = 0.0008592 US Dollars as of 2/2/2012. If you remove the 3 zeros you have .8592 or about 86 cents to the USD. The USD is currently 78.98 at http://www.kitco.com/market/.
The above two figures leaves a 6.94 cent difference for the CBI to make a profit buying the USD out of the market place or Iraq.
“Abtan said, that "the steps the bank will be the largest impact on the Iraqi economy and the lives of citizens in the event of an economic plan put in one of its components are the central bank.”
The next statement above is used to get the citizens of Iraq RV takes place, as I predicted these articles would come out in the near future in AJ’s Intel of 01-31-12.
http://dinardaily.forumotion.com/t18017-iraq-parliament-calls-to-stop-selling-the-dollar-at-the-auctions#116966 Date: February 2, 2012
“Addressed the Economic Committee in the Iraqi parliament, central bank official, to stop the sale and the dollar auction.”
The above statement from this article has already been started with the recent two CBI auctions being the lowest I have seen yet, with about 8 million Iraq Dinars sold to 7 banks. I believe that the lower denominations are being sold to the banks, but have not been released to the public yet, that will come in a short time.
“He added that officials in the Iraqi Central Bank confirmed that they now are developing a new mechanism to participate in bids to buy the dollar, and how they will exchange the dollar and hard currency, and we will follow up this subject first, first in order to preserve the cash reserves of Iraq.”
In my opinion they plan to buy the USD out with the lower denominations and that is the mechanism, which make total sense.
“The al-Alwani, that the smuggling of currency and a negative impact on the Iraqi economy is bad, and will affect the reserve currency, and the exchange rate of the dinar against the dollar, also has a serious political dimensions.”
The above statement and underlining is meant to warn that if Iraq does not stop the smuggling of the US dollar to Iran it could have a serious impact on Iraq and chapter VII sanctions.
“He continued, so they are trying to fill the deficit, if there was damage to Iraq, and this cannot accept it, and we will stand against all who try to empty Iraq of foreign currency, and will not compromise the country's wealth for the interests of others.
The above statement means that Iraq must act quickly and if they do not, Iraq’s resources could be drained before the CBI can buy back all the US dollars in Iraq.
In my opinion the above two articles are meant for several reasons, one to convince the people of Iraq to use their own currency once the RV occurs, to warn those who are smuggling US dollars into Iran and to rain in the wealth of Iraq before those US dollars leave the country.
God Bless,
AJ
Guest- Guest
Re: AJ’s Intel 02-02-12
GOOD READ AJ ...GOOD STUFF TO START THE DAY OFF INSTEAD OF THOSE GUYS SAYING THAT THEY DID IT ..BULLDOG75/OKIE
geezer- Elite Member
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Re: AJ’s Intel 02-02-12
Please, Please do not post Okie and Bulldogs stuff, as the threads are getting basketed. AJ
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Re: AJ’s Intel 02-02-12
SORRY AJ JUST WANTED PEOPLE TO SEE WHAT THESE GUYS ARE REALLY ABOUT .THAT WAS A MACH OF THE THREAD ABOUT PEEPS HAVING HEART PROBLEMS ..AJAnderson wrote:Please, Please do not post Okie and Bulldogs stuff, as the threads are getting basketed. AJ
geezer- Elite Member
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Re: AJ’s Intel 02-02-12
Thats ok, you did not know and the heart attacks are what we are trying to stop. AJ
geezer wrote:SORRY AJ JUST WANTED PEOPLE TO SEE WHAT THESE GUYS ARE REALLY ABOUT .THAT WAS A MACH OF THE THREAD ABOUT PEEPS HAVING HEART PROBLEMS ..AJAnderson wrote:Please, Please do not post Okie and Bulldogs stuff, as the threads are getting basketed. AJ
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Re: AJ’s Intel 02-02-12
Do we either confirm or deny what Okie and Bulldog reported last night. OOM needs to do one or the other.
Searay 32- Active Member
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Join date : 2011-10-11
Re: AJ’s Intel 02-02-12
What do you think? with the threads gone and all? AJ
Searay 32 wrote:Do we either confirm or deny what Okie and Bulldog reported last night. OOM needs to do one or the other.
Guest- Guest
Re: AJ’s Intel 02-02-12
AJ WHATS YOUR THOUGHTS ON THIS ? CBI Auctions
The Central Bank of Iraq issues CBI bills and has adopted a mechanism that will be applied periodically. The results will be announced at 11 am after the closing time of the auction which is at 10 am.
Announcement Number (C51) 31-JAN-2012
The auction No. C51 for Central Bank of Iraq bills based on a uniform price auction for IQD 150'000'000'000 par value was concluded on the 31-1-2012.
The total public bidding is IQD 401'000'000'000 and the cut-off yield (the highest yield of the successful bidder) determined by the auction was 5.50%. http://www.cbi.iq/index.php?pid=CbiAuctions
The Central Bank of Iraq issues CBI bills and has adopted a mechanism that will be applied periodically. The results will be announced at 11 am after the closing time of the auction which is at 10 am.
Announcement Number (C51) 31-JAN-2012
The auction No. C51 for Central Bank of Iraq bills based on a uniform price auction for IQD 150'000'000'000 par value was concluded on the 31-1-2012.
The total public bidding is IQD 401'000'000'000 and the cut-off yield (the highest yield of the successful bidder) determined by the auction was 5.50%. http://www.cbi.iq/index.php?pid=CbiAuctions
geezer- Elite Member
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Join date : 2012-01-03
Re: AJ’s Intel 02-02-12
That would be government treasury bills or bonds. AJ
geezer wrote:AJ WHATS YOUR THOUGHTS ON THIS ? CBI Auctions
The Central Bank of Iraq issues CBI bills and has adopted a mechanism that will be applied periodically. The results will be announced at 11 am after the closing time of the auction which is at 10 am.
Announcement Number (C51) 31-JAN-2012
The auction No. C51 for Central Bank of Iraq bills based on a uniform price auction for IQD 150'000'000'000 par value was concluded on the 31-1-2012.
The total public bidding is IQD 401'000'000'000 and the cut-off yield (the highest yield of the successful bidder) determined by the auction was 5.50%. http://www.cbi.iq/index.php?pid=CbiAuctions
Guest- Guest
Re: AJ’s Intel 02-02-12
They are auctioning off T-Bills...
The schedule below for 91-day T-bill auctions is preliminary and subject to change.
CJ
The schedule below for 91-day T-bill auctions is preliminary and subject to change.
CJ
*****************
Inspired by Splovengates "Be ready between sunday and monday night, or maybe tuesday or wednesday, could also be thursday but definitely by friday.... probably next week, monday or late tuesday night, wednesday morning to hear the rv and should be cashing in on the following tuesday the 1st part of january or february. Sooner more than later. But no later than the beginning of 2013. Certainly not before then. Until then, let's enjoy the ride!
Come on RI/RV!
CaptnJerry- Elite Member
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Re: AJ’s Intel 02-02-12
I dont support what they said... and we dont have to either:
►The content of this site is purely for information only and is NOT intended to constitute professional advice as circumstances will vary from person to person.
►The views expressed are solely the opinions of their authors. The owners and moderators are NOT responsible or liable for any posts made by its members or other third parties.
►The content of this site is purely for information only and is NOT intended to constitute professional advice as circumstances will vary from person to person.
►The views expressed are solely the opinions of their authors. The owners and moderators are NOT responsible or liable for any posts made by its members or other third parties.
Searay 32 wrote:Do we either confirm or deny what Okie and Bulldog reported last night. OOM needs to do one or the other.
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Re: AJ’s Intel 02-02-12
WITCH MEANS WHAT??? YOU 2 BRAINIACS
geezer- Elite Member
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Re: AJ’s Intel 02-02-12
Treasury Bills is how the GOI raises money. AJ
geezer wrote:WITCH MEANS WHAT??? YOU 2 BRAINIACS
Guest- Guest
Re: AJ’s Intel 02-02-12
Great reporting aj...it seems the ball is rolling and is actually speeding up instead of slowing down...
Guest- Guest
Re: AJ’s Intel 02-02-12
Once the CBI has all the interior banks loaded with lower denominations, it will not be long. So far 7 banks have purchased, not enough I am afraid. But not long. It all takes time. AJ
punisher wrote:Great reporting aj...it seems the ball is rolling and is actually speeding up instead of slowing down...
Guest- Guest
Re: AJ’s Intel 02-02-12
Searay 32 wrote:Do we either confirm or deny what Okie and Bulldog reported last night. OOM needs to do one or the other.
As listed in the terms of use to the bottom left of the page...
►The views expressed are solely the opinions of their authors. The owners and moderators are NOT responsible or liable for any posts made by its members or other third parties.
OOM site does not have to confirm nor deny ANY position or view made by anyone... the owner nor the moderators. We, the site staff, only suggest that you watch the news articles... we do NOT force you to be here... we do NOT force you to read material which is within the site... We only place the information here, its up to you to decide what you believe.
Bottom line, for us... its is NOT listed on the CBI website... and the NEWS articles out of Iraq are positive.
Re: AJ’s Intel 02-02-12
AJAnderson wrote:I dont support what they said... and we dont have to either:
►The content of this site is purely for information only and is NOT intended to constitute professional advice as circumstances will vary from person to person.
►The views expressed are solely the opinions of their authors. The owners and moderators are NOT responsible or liable for any posts made by its members or other third parties.Searay 32 wrote:Do we either confirm or deny what Okie and Bulldog reported last night. OOM needs to do one or the other.
guess I should have read the whole thread before posting... appears we are on the same page...
Thank you!
Re: AJ’s Intel 02-02-12
That's ok, we forgive you. We can always use a smile. AJ
Miskebam wrote:AJAnderson wrote:I dont support what they said... and we dont have to either:
►The content of this site is purely for information only and is NOT intended to constitute professional advice as circumstances will vary from person to person.
►The views expressed are solely the opinions of their authors. The owners and moderators are NOT responsible or liable for any posts made by its members or other third parties.Searay 32 wrote:Do we either confirm or deny what Okie and Bulldog reported last night. OOM needs to do one or the other.
guess I should have read the whole thread before posting... appears we are on the same page...
Thank you!
Guest- Guest
Re: AJ’s Intel 02-02-12
Maybe they should rename this site www.notokieoilman.net
P1b- Active Member
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Re: AJ’s Intel 02-02-12
AJAnderson wrote:Once the CBI has all the interior banks loaded with lower denominations, it will not be long. So far 7 banks have purchased, not enough I am afraid. But not long. It all takes time. AJpunisher wrote:Great reporting aj...it seems the ball is rolling and is actually speeding up instead of slowing down...
In the mean-time, I will go check out that new movie CHRONICLE --looks good
Guest- Guest
Re: AJ’s Intel 02-02-12
So, has Okie Oil Man site now officially become AJAndersonIntel.net?
vegasdinar- Active Member
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Join date : 2011-08-31
Re: AJ’s Intel 02-02-12
punisher wrote:AJAnderson wrote:Once the CBI has all the interior banks loaded with lower denominations, it will not be long. So far 7 banks have purchased, not enough I am afraid. But not long. It all takes time. AJpunisher wrote:Great reporting aj...it seems the ball is rolling and is actually speeding up instead of slowing down...
In the mean-time, I will go check out that new movie CHRONICLE --looks good
Punisher, that does look like a pretty good flick. I think I will do the same!
GO RVVVVVVVVVVVVVVV!
readysetrv- Elite Member
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Join date : 2011-10-12
Re: AJ’s Intel 02-02-12
vegasdinar wrote:So, has Okie Oil Man site now officially become AJAndersonIntel.net?
Miskebam and AJ are doing a wonderful job...keep it up please!
Guest- Guest
Re: AJ’s Intel 02-02-12
We are 1 to 5 weeks out before the earliest the RV can take place. AJ
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Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
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