11-26-2012: Iraqi Dinar Guru guesses!!!

11-26-2012 Newshound Guru Kaperoni they cannot achieve the economic success just leaving the dinar at 1166 to $1. Remember all that is on the table pushing the rate up. The ISX, investment in agriculture and manufacturing, the “investment side” of the budget, tariffs, oil and gas subsidies, ration subsidies, etc..on and on. Though Maliki may want to “just replace” with no change, I do not see how that could succeed. How they could achieve the goals to be a “donor” state at the World Bank within a few years? how they could succeed in the 2013-2017 economic plan? So hang in there, IMO the float is coming.

11-26-2012 Newshound Guru Mike We’re keeping an eye on things, the World Bank has come in to check things out, and the IMF is there checking things out… They’re trying to keep their corruption under wraps so that it doesn’t point back, but there’s a lot of people looking at it… There are going to be a lot of people that are gonna fall in this investigation, and Dr. Shabibi will come back when most of these people are gone…All good stuff!

11-26-2012 Newshound Guru Adam Montana Regarding my opinion of the current situation – that hasn’t changed…There is always the chance that it could happen today, tomorrow, next week, or never. That’s just a fact we live with as investors.

11-26-2012 Intel Guru BWM expect the VND and IQD to appear internationally at the same time… “could” that change? I don’t think it would benefit us… while the whole “double dip” theory comes to everyone’s mind the real issue is China is the real backup to Vietnam’s economy… so in order to truly realize the benefits of their currency suddenly becoming relevant, vietnam needs more things to back up the VND (gold is being brought in quickly from citizens) and the IQD provides much of that in the form of currency reserves…has Vietnam been given authority to revalue it’s currency…YES…

11-26-2012 Newshound Guru Bondlady hcl is being worked on, its no easy task when your dealing with a country whos lust for greed and power drives them their so afraid someone else is going to get a cent more than the other…the last part of the hcl, the thorny part, is the profit sharing, who gets what ..where…and how much. thats the point of contention they must do to appease all of them, thats what their working on, the rest is already in place.

11-26-2012 Newshound Guru Kaperoni This is the first confirmation we have heard of two plans…The original plan with Shabibi to which was IMO, the .86 “staging rate” and more recently the float. To a new plan apparently as stated…”central bank about the currency exchange current damaged to another through a new contract with a foreign company to do so” which appears to be just a simple replacement of currency. This also implies no significant change in value which would support Maliki’s “weak dinar” policy. That being said, a simple change in currency does them no good economically either. But we will have to see when it happens. The good news is the people and the banks know something is going to happen soon.

11-25-2012 Intel Guru BWM I don’t want to sound negative to the point of saying there isn’t still efforts being made… don’t sell out on this year.. there is a lot to gain from the RV occurring this year…1) taxes (for us at least) 2) financial/fiscal cliff concerns 3) concerns for global economic issues still continuing to recycle (spain, greece, etc.)

11-25-2012 Newshound Guru Doc So where do we stand? Our opinion is end of year is very low probability now. This is based on past performance. With the shake up of the CBI and the other issues not completed it seems unlikely resolution in next 6 weeks. We continue to believe this will occur but a time line is purely speculative by all. We know we sound like a broken record but until these key issues are resolved we don’t see the RV occurring. We report, you decide.

11-25-2012 Newshound Guru Bondlady malikis popularity with the people has increased now, it was 77% now its 85%…m tellin you if they don’t pass the PM law limiting the terms he will run again and win and it’ll be a majority government this time a chance for him to truly excel in rebuilding iraq and passing much needed laws…what should have happened this term but the stupid power sharing doomed it to fail and keep them constantly fighting…a pm [Prime Minister] has to be able to choose their own gov, if they can’t you saw what this term did, absolutely nothing or very little, so busy fighting over power they won’t see the peoples needs just like the infrastructure law which would do so much for the people and give over 1 million jobs.

11-25-2012 Intel Guru Hammerman There is still a chance we will see this month, before the 1st, but I will be shocked if we do. I think we are into mid to late February. Still hearing wonderful things. I believe that everything in the Middle East is done & has been done. I am happy where we are. The RV will happen without a doubt.

11-25-2012 Newshound Guru Adam Montana We have been seeing reports of Biden talking to Maliki pretty consistently for quite some time now, well over 6 months… this is not a new thing. It’s important to “check” that fact by comparing it to the other things Biden does – he also meets with diplomats that have nothing to do with Iraq. So the question is: “Are Biden’s meetings with Maliki significant?” I can’t say that they are, but we definitely want him to be meeting rather than NOT meeting Maliki.