11-24-2012: Iraqi Dinar Guru guesses!!!
11-24-2012 Newshound Guru Adam Montana The worst case scenario in my opinion is that the old currency is assigned a lower value and the new currency is given priority, with the intention of removing the old currency permanently and immediately… but that does NOT mean there is no other way to move forward.
11-24-2012 Newshound Guru Med THE MOVE TO A FREE MARKET ECONOMY CALLS FOR THE GOI TO GIVE UP CONTROL OF ALL MAJOR REVENUE PRODUCING COMPANIES. THEY CAN ONLY OWN 49% OF THE OIL, THE NATURAL GAS AND ANY OTHER MAJOR REVENUE PRODUCING INDUSTRY. THIS OBVIOUSLY IS NOT ACCEPTABLE TO MALIKI. WHY? CUZ ALL THE OIL REVENUES PRODUCE THE FUNDS FOR THE GOI TO CONTINUE ITS EXTRAVAGANT WAYS.
11-24-2012 Newshound Guru Med ONE MAJOR THING WE ARE LOOKING TO GET INLINE IS THE MOVE TO A FREE MARKET ECONOMY. IT IS LITERALLY IMPOSSIBLE TO ENTER A FREE MARKET ECONOMY WITH NO INTERNATIONALLY TRADEABLE CURRENCY AND IT WAS OBVIOUS THAT AS LONG AS THERE WAS SO MUCH CORRUPTION IN THE GOI THEY HAD NO INTEREST IN MOVING TO A TRADEABLE CURRENCY OR THE FREE MARKET.
11-24-2012 Newshound Guru Tlar Talabini would be foolish to call for a vote of no confidence. He’s as dirty as the rest of them. They will never call on Maliki to account for his governments corruption because Maliki could call for there arrest on the same charge. It looks as though the elections coming up are the only hope that this government will ever be able to get past this. Even though the elections will be rigged because Maliki gives the election committee its marching orders, at least there will be a definitive leader next time, Maliki. Thats probably better than where we are today as far as the government is concerned.
11-24-2012 Newshound Guru Mike “World Bank advisers: political commitment to succeed social safety nets” The World Banks been in there, the IMF’s been there [International Monetary Fund]… What they were basically there for was to make sure the people were going to get treated respectfully and that the social programs are there for them… So they came out and said this needed to get done.
11-24-2012 Newshound Guru Doc There is…much to-do in cyber land about the “raising the value in the coming days” quotes. This to has been misinterpreted by many. This is not a reference to the RV but short term strategies to get the dinar back to the program rate of 1160. Remember with the Iraq and Syria issues. USD was leaving Iraq quickly for these countries. At one point the street value for USD got to 1400. Several articles suggested the citizens were not happy and demanded action by the GOI and CBI. We continue to caution all to view an article from the proper perspective in which it is addressing. As with the currency it is either the short term issue of maintaining program rate or the longer term issue of currency reform.
11-24-2012 Intel Guru Winalot i had a long conversation with a bank currency trader…a different bank that i have never talked to before…the guy was the person that sets the rates for currency at the bank…here is what he said about vnd…his screens show nothing like what we are seeing…he is not seeing the rates we are…he had absolutely no explanation for it. I took him to 6 different sites, let him use my log in, and he was flabbergasted. literally speachless…he is going to do some checking around, he has my number, and will call me if he finds out what is up. He also said that if it were a “glitch” that it would have been corrected by now.