9-24-2012: Iraqi Dinar Guru guesses!!!
9-24-2012 Newshound Guru Mike We talked about the approval from Kuwait to remove Iraq from Chapter 7 – they have been given it for years – they are ready to go – it is pretty much tied to the formation of their government – once this is in place they will be able to remove the final chapter of their sanctions which is Chapter 7 and and they will be ready to go – makes no sense to remove it before the formation of their government at this particular point in time because the UN has no recourse if something goes wrong…
9-24-2012 Newshound Guru Med [Do you still think the rate may come out low?] YES…I AM AFRAID I DO…UP UNTIL I GOT THE LATEST INFO I TRULY THOUGHT IT WAS ONE TO ONE FOR SURE. COMMENTS LAST WEEK THAT CBI PLANNED TO TAKE ONE TO TWO YEARS TO BRING THE DINAR TO ONE TO ONE WITH THE USD AND THE FACT ALSO THAT THIS WILL MOST LIKELY END UP IN A BASKET OF CURRENCIES. I THINK THAT THIS BASKET WILL PUT THEM EQUIVALENT TO THE SAUDI RIYAL. NOW IF TOMORROW THEY POSTED THEY WERE PUMPING OUT 6 MILLION BARRELS PER DAY I WOULD SAY ONE TO ONE.
9-23-2012 Intel Guru Bear5642 We are all hearing everything is done and they just need to push the button. No one knows exactly when it will happen, however, Iraq has been diligent in positioning themselves to actually support an RV. I personally do not see the rate coming out under $3.00.
9-23-2012 Intel Guru Hammerman Info from all segments of intel is that everything is 100% complete. On Friday, from 3 different bankers, I saw documents that banks got saying currencies will be revaluing in soon. The bankers are pumped up. We do need the announcement of the National Conference. I really do think this will go down this week. I believe all ministers are seated, they just have to be announced. It has to be posted in the gazette for 24 hours, it is in their constitution and then they can revalue sometime after 24 hours. Maliki was at the UN for about 37 – 45 minutes. Chapter 7 is done. I have heard nothing about it being a float. I think it will be about $3 but heard it could be as low as $.50, but I don’t believe it. I was told that the dong would not be any lower than $.33, I still think in the high teens. I think there is a good chance for the RV from the 26th – 1st. I think we are at the brink of this.
9-23-2012 Newshound/Intel Guru BGG Article: “Iraq: Allawi will attend the national meeting unless implemented paper Arbil” Ultimately, he is saying he will only participate in the National Meeting if the Erbil agreement is adhered to and implemented.
9-23-2012 Newshound Guru Adam Montana [when the RV happen it is most likely to start out low, do you think that it will put a time on the higher dinars like the 5k and up to cash in after that it will become worthless to force us to cash them in.] In my opinion, YES we will have a time frame to cash in higher notes. I think it will be at least 90 days, no more than a year.
9-23-2012 Newshound Guru Mike what we are waiting on next [is] to see the date of the National Meeting and see if we can get the rest of these reforms passed …biggest hump in the road for the National Meeting is going to be Allawi and his power sharing and seeing where that goes…I think what you have here is Maliki attempting to back door him and bust up the coalition by dealing with the 140 – great for us – we will take it – We will take it but eventually he is going to have to deal with Allawi…Eventually he is going to have to give up a chunk of his power and that is when he is going to be eventually done and eventually he will drop out of the politics of Iraq.
9-23-2012 Newshound/Intel Guru BGG Article: “Ani: Talabani intends to bend the Allawi and Barzani County National Meeting and working to bring them in a joint meeting with al-Maliki” These three characters getting together will be of critical importance in the very near future. If Maliki doesn’t get to the table and engage, it is highly likely he will face grave circumstances soon.
9-23-2012 Intel Guru TerryK STILL HAVE NO NEW NEWS. IM SO EXCITED, I KNOW WE ARE THERE…AS SOON AS I GET THE CALL U WILL KNOW.
9-23-2012 Intel Guru Freeway Bill The RV, in my humble opinion, based on what I feel is very good sources of information is upon us. Will it happen tonight? I don’t think so but I don’t think we will leave 2012 without seeing our blessing. I am not “giving myself a big window” at all. I honestly feel that we COULD see it this coming week, but I am not confident enough to jet off to Reno in anticipation.
9-23-2012 Newshound/Intel Guru BGG Look for the National Meeting sometime Sunday, Monday, Tuesday. If Maliki tries to stir things up at this meeting, look for him to be removed. I do think we are relatively close, closer than we have ever been.
9-23-2012 Intel Guru Hammerman no change so far…big proof of the new UST notes but not going into that yet…saw with my own eyes from bankers emails and letters from UST stating high alert for RV of countries in the next few days.