10-6-2012: Iraqi Dinar Guru guesses!!!
10-6-2012 Newshound Guru Med IRAQI OIL EXPORTS HAVE NOTHING TO DO WITH THE DINAR REVALUED BUT THE DINARS VALUE HAS ALOT TO DO WITH OIL PRODUCTION FOR THE FUTURE OF THE DINAR…THEY HAVE TO BE ABLE TO GET IT MOVING. IT ISNT JUST…HOW MUCH OIL, PEOPLE HAVE TO TRUST THE GOI. THEY NEED TO BELIEVE THAT THEY WILL BE PAID FOR IMPORTS AND IRAQS HISTORY ON PAYING ANYTHING IS BAD…NOW SHABIBI IS TRYING TO SELL THE IDEA OF THE DINAR TO THE PEOPLE OF IRAQ AND NOT USE THE USD. THE SAME HAS TO BE DONE INTERNATIONALLY. IF IT CANT BE SOLD TO COUNTRIES LIKE AMERICA, CANADA AND THE UK THEN IT WONT MATTER HOW MUCH OIL THEY PUT OUT.
10-5-2012 Intel Guru Bluwolf NOTHING HAS CHANGED…ALL CURRENCIES SHALL COME OUT AT THE SAME TIME,,NO DOUBLE DIPPING, PERIOD. THERE WILL BE A LOT OF MISINFORMATION COMING OUT. REMEMBER IT SHALL APPEAR LIKE A THIEF IN THE SILENCE OF THE NIGHT.
10-5-2012 Newshound Guru Bondlady why do people invest in countries right after a war? usually a war happens, their currency bottoms out but after a war its time to rebuild and bring back up the value of their money…you can’t expect them to instantly go back to what it was before when they had a complete infrastructure and all their industries were at 100%…everything was crushed…everything was wiped out…very few places were unaffected, so to start from the ground up and see such huge leaps as we are seeing… you cant see it if you dont stop thinking with a western mind set …its about them not us, its a speculative investment for us…we hope will pay off and I believe it will but this is theirs, we’re just riding on their shirt tails and we helped in a major way building up their reserves to what they are whether it be through oil sales or buying their currency, we helped get them to this point…now its time for them to put on big boy pants, man up and free their country…and I believe after all these years and the much needed laws to make this come about, it’s close.
10-5-2012 Newshound Guru Kaperoni This is confirmation again, that the CBI removed the larger 3 zero notes… the CBI took trillions of them out of circulation through the auctions. Some 12-16 trillion alone in April-July. This economist is right on..he is saying you cannot take our currency away, and do nothing and not hurt the people and the currency. It makes sense to me he is right. Now, you add the article…about the condition of the currency, and the problem IMO becomes even more serious. They simply cannot do nothing. The country is very dollarized right now and that needs to change. I cannot see the CBI continuing this for weeks, let alone months under the current circumstances. [post 2 of 2]
10-5-2012 Newshound Guru Kaperoni “need to apply project delete three zeros currency because it hurt to serve the citizens and national currency by reducing cash large groups of blocks in the local market.” Sometimes the best articles are slipped in. Though this is not from the CBI, it is a very good article…it clearly says that you have to apply this now because if you don’t it will hurt the citizen and the currency because you removed the 3 zero notes (reduced the cash large groups). This also confirms we are right they are removing them. Even though LOPers keep telling everyone they are not. lol There is no reason to remove these notes if they were LOPing the value in advance of the re-denomination. [post 1 of 2…stay tuned]
10-5-2012 Newshound Guru Administrator Bob I would describe the dinar news this weeks as ‘fast and furious.’ Maybe a better comparison is the book; ‘Tortoise and the Hair.’ Politically they stall out achieving little progress, while economically Iraq continues to stride for investment at record pace.
10-5-2012 Newshound Guru Adam Montana The situation with Iran at this time is fair, I am not worried about them. I’m very optimistic right now given the current state of the Middle East and the positive news on the HCL.
10-5-2012 Intel/Newshound Guru Poppy3 national conference should usher in a nice rv within a nickle of kuwait real fast…kuwaits rate…$3.58
10-5-2012 Intel Guru Hammerman all news is positive…we hearing stuff from iraq, smart cards for iraq citizen having 1.26 on them, cant prove yet but hearing some type of revalue went down last saturday…again hearing from top spots but still no proof…was also told if real could take from 3 to 40 days to release world wide, im still not sold but i can hope…i really cant see the rate that low.