1-10-2012 Newshound Guru Bondlady they can't use dinar as oil
money right now, it would take trillions and trillions so they have
to use usd, it's what they've been doing all along...soon they will
run so low that they will have to release the ld's to make up for
drying the dinar up on the street, an when they release the LD's
they have to release a new rate, a 1 , 5, 10 25 note, or the coins,
won't do them much good without a new rate.
1-10-2012 Guru Jonnywg [via Gacavegirl] LATE BREAKING
NEWS...THE LAST TWO CURRENCIES HAVE BEEN POSTED AND VERIFIED. THERE
HAS BEEN A PAPERWORK DELAY THAT WE WAIT TO BE RESOLVED. IT COULD BE
AT ANY TIME NOW.
1-10-2012 Guru Footforward EVERYTHING IS STILL OK...WE HAVE
EVERY REASON TO BE LOOKING FOR THIS ANY TIME TODAY. THE RV IS GOING
TO HAPPEN, WE ARE MOVING FORWARD AND THERE IS AGAIN A SENSE OF
URGENCY TO GET THIS DONE. SO IM LOOKING FOR THIS ANY TIME NOW!!
DOESNT THE FACT THEY ARE SHUTTING DOWN DINAR DEALERS IN OTHER
COUNTRIES NOT TELL YOU ANYTHING? GOI PUBLICLY ADMITTED THE NEED FOR
AN RV?
1-10-2012 Guru Bluwolf Must say all is quiet and we are still
waiting for our official confirm on the rv, local tv informs that
all brokers in the ME were told to stop selling, this is the sign
folks lets wait for the outcome.
1-10-2012 Guru Kaperoni How do I know the rate will be around
1.2 to $1 initially? Because Iraq said so. Not once but numerous
times. There are at least 20 articles discussing new lower notes
and an exchange rate of 50 dinars equals about $43 US. That is in
fact, 1.2 to $1. Now one final bit of proof, Saleh who is Deputy
Governor of the CBI has documented in tables that the rate of the
dinar is somewhere from 1.17 -1.30 per $1. What is the CBI's
objective? To make the dinar strong? To make it the primary
currency of Iraq? And to dedollarize? Yes, all of these are the
goals. All of these questions can be solved with an initial rate
slightly higher than the USD.
1-10-2012 Guru DinarWishes There is the CBI rate and then there
is the US market rate, it is possible the market rate could be
higher than the cbi rate because we get a higher rate than other
countries...We will know what it is once the RV happens...i think
the intel is getting cold... Not much to it but to do it...the RV
is possible to happen at any time...I dont do date and rate...Never
have but I do feel we are close.
1-10-2012 Guru Freeway Bill As far as I can see, there has been
more smoke out there than a forest fire and we are ever so close.
Australian dealers have STOPPED selling dinar by order of CBI,
Dinar Banker "clarifying" your cash out rates, and the verification
is real on the RV
1-10-2012 Guru Bulldog75 i have three sources and a major
banker stating very similar stories to me just now (in summary):
the "posting rate push" was tried again last night and failed due
to software/rate compatibility factors and the system was stopped.
Imf may now consider breaking this into baskets again due to
continuing complications.
1-10-2012 Guru Mailman17 THE FINANCE MINISTERES WANT THS
RV...ALL CONCERNED KNOW THE RV IS NOT ONLY IMMINENT BUT NEEDED, SO
WHAT DOES PARLIMENT DO? STALL ONCE AGAIN...SO WHAT DOES THE FINANCE
COMMITEE DO? THEIR VERY BEST TO CALM DOWN SHABBIBI, LITERALLY.
THEY ARE DOING THEIR BEST TO ASSURE HIM THIS BUDGET WILL NOT WAIT
MUCH LONGER. UNFORTUNATELY SHABS MUST WAIT TILL CERTAIN ECONOMIC
LAWS ARE PASSED...THAT IS A MUST FOR THE RV, DOESNT EFFECT IT
COMING OUT BUT EFFECTS THE AFTERMATH, TAXES, TARRIFS ECT. IN
ESSENCE....ALTHOUGH THINGS LOOK NEGATIVE ON THE OUTSIDE, OH
CONTRARE, THEY LOOK MIGHTY GOOD ON THE INSIDE. THE NEWS...IN MY
VERY HONEST OPINION IS NOT WHAT IT SEEMS, DELAYED..YES...BUT NOT
FOR LONG.
1-10-2012 Guru Kaperoni [post #2] What does make sense is a
lower rate around 1.2 to $1 in which these Central Banks (Federal
Reserve in the case of the US) can buy your dinar and as Iraq
prospers, so does the dinar. Ultimately, rising as oil production
increases agriculture and manufacturing improves to a respectable
rate. Iraq never stated they would have the highest exchange rate
in the Middle East overnight. Don't assume they will. When Iraq
succeeds, so does the dinar and so does the world's debt crisis.
They are a developing nation and a GOI that is very unstable
constantly challenged currently with sectarian violence.
1-10-2012 Guru Kaperoni [post #1] First, I want to address the
biggest "hype" for a high rate..That Kuwait came out at 8+ so Iraq
might also. This is not possible. First, Kuwait did not have
close to 6-10 trillion dinar sold outside the country like Iraq
has. Iraq, through numerous articles has stated that they want the
New Iraq Dinar to be part of the world's currency reserves. That
is a telling statement. Second, no Central Banks are going to give
you that kind of rate when you cash in so they can add that to
their foreign reserves. That is simply foolish and makes no
economic sense taking a risk that Iraq stays stable enough to
maintain that rate. It just does not make sense.
1-10-2012 Guru Delta Before, everybody was against the RI/RV.
Now everybody wants Shabibi to do it! The CBI has to spend dollars
to get dinars, but those dollars are coming out of the reserves.
That will be a big problem for the CBI. They are spending 1 billion
dollars out of the reserve every 4 days of so that they do the
auctions. An article came out today stating that they are spending
a lot of dollars. The solution for that is RI/RV! There is a lot
of pressure to do this. No one knows the date.
1-10-2012 Guru BWM hearing there were complications during the
last 24 hours that were resolved...so we wait to see how this
affected the timing of things as they continue to move forward...
still looking for this in all the obvious times and places.
1-10-2012 Guru Jonnywg I HAVE NO ANSWERS TODAY SO FAR...THERE
ARE NO REASONS IT HAS STOPPED, NOTHING STOPPED, JUST NOT RELEASED,
AND OBVIOUSLY THE " OUT OF HUMAN HANDS" WAS A LIE...THE GOOD NEWS
IS THAT WE ARE STILL IN THE GAME...WE ARE IN THE GAME BECAUSE THEY
ARE STILL RELEASING INFO...WHEN THAT STOPS IT IS OVER, RV
COMPLETED...ALSO 155 COUNTRIES STILL 00.0000.
1-10-2012 Guru BWM The opportunities have been there several
times for this to happen...Too many complications to truly grasp or
begin to explain...but we are still moving forward...More updates
will come today as the info comes in.
1-10-2012 Guru Med I HAVE BEEN ALWAYS CONFIDENT ABOUT THIS
VENTURE AND ALWAYS HAD THIS FEELING IT WOULD PAY OUT BUT STILL
ALWAYS HAD THIS THOUGHT, JUST WHEN, ANOTHER 5 YRS?? OR WHAT...ALL
THIS IN FIGHTING, HOW MUCH IMPACT DOES THIS HAVE ON THE TIME FRAME.
WELL NOW I AM ON THE EDGY POINT, EDGY AS COULD I WAKE UP TOMORROW
AND IT BE REALLY OVER OR IN A WEEK, INSTEAD OF MAYBE A COUPLE MORE
YEARS, THAT FINALLY THIS YEAR IT WILL BE DONE. THIS IS BY FAR THE
MOST CONFIDENT I HAVE EVER FELT AND TODAY I WAS PRETTY EXCITED WITH
WHAT HAD BEEN IN THE NEWS. I DONT KNOW THE MONTH BUT I KNOW THAT
THIS WILL BE THE LAST YEAR.