Friday, March 14, 2014

3-14-2014 Newshound/Intel Guru BGG

3-14-2014   Newshound/Intel Guru BGG   [Do you think thay can cover all the dinar in circulation without a lop?]   If there is all this 80+ Trillion of three zero notes in circulation - why is the CBI having such a problem providing for the day-to-day liquidity needs of the Iraqs currency and banking market?  Where is it all at?  It is common knowledge the (based on articles and complaints by the Finance Committee, Economic Committee and private bankers) they are only supplying about 1/3 of what is needed.  [some time ago it was said that you went to be so close to Kuwait as far as the value of the dinar...is that true then and is it still?]    I still suspect once things move ahead you will see a "reality rate" near that range whether it starts there or not.  Once it gets going, managed or otherwise, it won't be long before it gets to the place they ultimately want it.