kap chat July 18th, 2011

[kaperoni] i just come by to drive my car...love that
  
[kaperoni] Smitty10 whats new?

[Smitty10] kaperoni Hoping david comes back

[kaperoni] oh ic

[Smitty10] kaperoni I showed him your chat

[Smitty10] He found it very interesting and was going to check some things out

[deniscanada] Kurdish MP: Asserts coming days will witness an agreed vote on the security ministers...... Currency newshound [You must be registered and logged in to see this link.] ··· ty#12307

[kaperoni] Smitty10 which chat?

[kaperoni] i waiting on some intel today

[Smitty10] kaperoni About activity on forex? i think

[kaperoni] could be a bombshell
  
[kaperoni] oh ok

[kaperoni] i got a guy in Iraq

[Smitty10] kaperoni You sent emails about it also

[kaperoni] oh...not me Bob the admin does

[Smitty10] kaperoni Ok... go ahead

[kaperoni] this guy told me last week he saw the lower denoms at the bank. He is solid. so if he said so, it true

[kaperoni] well...he is on to something else today...hot but i dont have details yet

[kaperoni] so we will see

[kaperoni] as for the dinar pinging, or syncing...dont know what to make of it.

[kaperoni] apparently, according the Phoenix, several currencies are doing this. They all seem to be middle east

[kaperoni] which means they may all adjust

[Smitty10] kaperoni Well I did talk to someone with some experience...said it should be a flatline when the market is closed

[kaperoni] Smitty10 yes

[lightingcslt] kaperoni imo pinging syncing doesnt matter show me the urbil and security ministers in law then we will have our r/v

[kaperoni] Smitty10 yes

[kaperoni] lightingcslt many agree with u

[kaperoni] Smitty10 the interesting thing is, the market is now open again, and this activity is continuing

[Smitty10] kaperoni I will tell you why we think that...Shabs caid he would not adjust the currency until there was a full GOI

[Smitty10] kaperoni I find that interesting also

[Shredd] Smitty10 agreed. Seated goi, all else is rumtel bs

[Smitty10] Shredd Well kap may be on to something as far as the LDs go

[kaperoni] i dont think we know anything is for sure....but i said back in december, when an article came out, shabs stated that the GOI goes, so does the economy. without the complete GOI, there is no economy.

[Shredd] sry, LD? I'm just coming back in

[Smitty10] Shredd Lower denom

[lightingcslt] kaperoni and security

[Smitty10] kaperoni Yes

[Shredd] oh, i see that now. sry

[kaperoni] Smitty10 now, with the lower denoms in the banks, i can assure u we are close

[Smitty10] kaperoni I think security is a very important issue

[Smitty10] kaperoni I agree
[Shredd] ..kurdish MP asserting coming days will witness an agreed vote on security..............great article!!!!!!!!!!!!!

[kaperoni] there is no way shabs but the lower denoms in the banks and sits for weeks, or months. to much as risk

[Smitty10] kaperoni Without security...for sure

[bigpuller] kaperoni do you think if the u.s. stays that is enough securtity for shabbs to do this without the complete goi

[kaperoni] u see, if the rv was weeks or months away, he could keep the secure in the CBI vaults. no need to put at banks.

[lightingcslt] kaperoni Smitty10 someone posted all of shabbs interviews for the last 4 years in everyone of those he couldnt stress enough about security

[kaperoni] bigpuller, i was told months ago, that the IMF gave shabs the green light to rv. I got the feeling from that intel that the plan had changed.

[Smitty10] lightingcslt Your right

[kaperoni] the plan now provided shabs with two rates...1. rate for not a complete GOI and 2. a second higher rate for a complete GOI.

[kaperoni] I dont know if that plan is still the plan or not, but it seems likely without a complete GOI, and rising inflation, that he needs to get this done and soon. Therefore, a lower rate seems probable

[bigpuller] kaperoni so there is the incentive for maliki if he wants the higher rate and to look good to set the goi
  
[kaperoni] something in the range of 1.26 to 1

[kaperoni] bigpuller yes

[kaperoni] the most important thing here is to lift the program rate from the dinar

[kaperoni] that will open the door to everything

[kaperoni] and start the process

[kaperoni] of a free market economy

[kaperoni] poverty reduction

Great post!!!

Thanks BP!