11-19-2012: Iraqi Dinar Guru guesses!!!
11-19-2012 Newshound Guru Breitling When these guys are picking names for a post…this tells me that Shabibi is out. I don’t know where Shabibi is right now and it sucks that the bad guys win, but the government has to move on. They are already looking at a final list…that narrows down to 3 different candidates.This is all good for us…this is big…we need to watch this. They also are naming the different obligations Iraq has to fulfill to get out of Chapter 7. That is huge. This weekend was a very good weekend.
11-19-2012 Intel Guru Hammerman There are rumors, had 8 – 10 calls…the IQD has either or will in the near future of this week RV at 1 dinar to $1 or has or will RV at 13 IQD to $1 or last heard that it will RV at $1.07 to $ IQD between tonight [Sunday] and Tuesday. I have heard this from the right places, the right tents and the right positions. All news is extremely, extremely positive & I am still hearing it should RV before Dec. 1. I have always told you around the 17th or after. But, IMO, we have a 60% chance for before December 1, if not by Thanksgiving, I believe we will go into February…this is from 1 quality intel person.
11-18-2012 Newshound Guru Adam Montana [The rate dropped FAST when Saddam was taken out. “Is there any…laws … that state the rate cannot go back up just as fast?] The answer is NO! There is no law that restricts the speed at which the value of the currency can go up. Absolutely none.
11-18-2012 Newshound Guru Med I THINK THEY WILL FIRST GO AS FAR AS THEY CAN IN INCREASING THE VALUE WHILE CONTINUING THE USE OF THE CURRENT DINAR. WHEN IT IS NO LONGER FEASIBLE TO USE THE LARGE DENOMS WITH A CEILING EXCHANGE RATE I THINK THEN THEY WILL MOVE ON PUTTING IN THE NEW DENOMS TO RUN WITH THE LARGER ONES. I THINK WE ARE LOOKING AT JULY. NOW THAT COULD CHANGE FAST IF SHABIBI IS EXONERATED AND RETURNS OR IF HE DOES NOT RETURN THE CONSENSUS SO FAR IS THEY WILL DO IT EVENTUALLY. DO NOT GET YOUR HOPES UP FOR THIS [CHRISTMAS] THEY ARE TOO WRAPPED UP IN THE POLITICAL WOES.
11-18-2012 Newshound Guru Med THINGS ARE A BIT DIFFERENT RIGHT NOW AT CBI COMPARED TO A FEW MONTHS AGO. 3 MONTHS AGO I WAS PRETTY CERTAIN WITH SHABIBI HEADING CBI AND I FELT THEN THAT THE ISSUES WITH THE GOVT AND THE BLOCS WAS NOT AN ISSUE AND WOULD NOT JEOPARDIZE THE RV. BUT THAT HAS CHANGED. IT DOES MATTER NOW, TOO MANY UNKNOWNS. WE KNOW THEY ARE ADIMANT ABOUT INCREASING THE VALUE OF THE DINAR AGAINST THE USD AND THEY WANT IT MOVING LIKE NOW BUT I DO NOT THINK THIS IS THE RV.
11-18-2012 Intel/Newshound Guru Poppy3 Next there is another scenario that I have been told is very possible and is in play. I have the two sources…that have both brought this possibility to me. They think that the IMF / WORLD BANK Placed DR SHABIBI in charge of the CBI and that he still is still working in managing the CBI. He just isn’t in the country and will not return till the judiciary will hear his defense and also they provide him with documentation of the charges against him. WITH THIS scenario the RV could happen at anytime according to what has been accomplished behind the scenes that we are not privy to. My confidence is very high and I am more confident in our return on investment than ever before.
11-18-2012 Intel/Newshound Guru Poppy3 THIS IS A good report. It is just pointing out what we have known for at least 24 months now. Things that still need to be done are done. It is happening and it is happening faster than ever in the past. things are turning in our favor. The DC group I mentioned are very confident…but they, at this point, said since the meeting that had been scheduled for the 14th of this month hasn’t taken place yet and they don’t think the RV can happen until someone of trust is at the helm of the CBI. This was key to stabilizing the CBI. It is Shabibi or someone else and no one there at this time is acceptable.