12-12-2012: Iraqi Dinar Guru guesses!!!!
12-12-2012 Newshound Guru Adam Montana There are ongoing talks about Chapter 7. Even though the Moon meeting went well last week, we have not seen that “stamp” come down yet. Shabibi is posturing as if he is not concerned about the warrants, but he is still conveniently “busy” outside of Iraq and has not returned home yet. In my opinion, he’s stuck right now. He can yap all he wants about how baseless the warrant is, but facts are facts – Maliki is in control of the situation and Shabs is forced to sit and watch. Hopefully this is a good thing for us – there has to be a reason Maliki wanted Shabibi out of the picture for a while, and with the positive Chapter 7 and HCL news lately we can certainly hope an RV is on the horizon.
12-12-2012 Newshound Guru Tlar Best guess? We will see a move of about 25 – 50 pips or less. Just a guess. This should slow the sales of USD significantly and may start to reverse the selling of USD into the buying of USD, as it gives the incentive to turn your dollars back into the CBI for a stronger dinar. It will be a positive move and will increase the value but I would like to see it in the hundreds.
12-12-2012 Newshound Guru Tlar I think they are attempting to slow the sales of dollars and ultimately want to reverse that process. At the rate they have been selling the dollar they have collected literally trillions of dinars. It doesn’t necessarily mean that the RV is on as I don’t see this as the introduction of a float but rather another move on the pips that will slow the sales of USD.
12-12-2012 Newshound Guru Tlar Remember the auction is the only tool they have had to control the exchange rate and inflation because the other two tools, the taxes and tariffs, and the exchange rate have not been implemented or used. It looks to me that the bank is now going to use a combination of the auctions and now the EXCHANGE RATE to control the flow of dollars. It looks to me like they again are moving the exchange rate from 1166 to a lower program rate without giving us the amount yet.
12-12-2012 Intel Guru Footforward Until the U.S. Treasury gives the go ahead to the banks to start exchanging, they can’t do anything. Until it [rate?] changes at the banks, we don’t have an RV. I have seen the document that indicates that Iraq has to have an RV greater than $1 in order to get out of Chapter 7. This has been the plan all along. Iraq has done everything they need to do to get out of Chapter 7. This is why Maliki keeps going & asking for removal from Cahpter 7. Do I expect the RV to happen soon, absolutely I do. Also, there is no freeze on the Dong. Some places that sell it have run out, but they can still buy and sell it.
12-12-2012 Intel Guru Frank26 The FAA decided to open the air spaces in Iraq. They could have done this a long time ago, so you have to look at the timing. My contact believes the State Dept. did this. My contact in Iraq says it is not important for the flights coming into Iraq, but for the flights leaving Iraq. There are a lot of powerful people in Iraq with a lot of dinars. They want to get the best rate possible and they probably won’t get it at the CBI. We are hoping it starts out at $1.17.
12-11-2012 Newshound Guru Med Article Being Referenced: “Revealed CBI authorize the Governor of the Bank to reduce the exchange rate to enhance the value of the Iraqi dinar” DID I NOT SAY ABOUT TWO WEEKS AGO THEY WILL NOT RV 1 TO 1 IMMEDIATELY BUT THEY WILL MOVE MAYBE TO 800 OR 900 TO 1 INSTEAD OF 1166 TO 1 TO TEST THE WATERS? WELL IT LOOKS LIKE I WAS KINDA POSSIBLY MAYBE ALMOST PRETTY SURE RIGHT. WHEN SOMETHING IS IMPORTANT OR BIG LIKE THIS, I AM ON TOP OF IT.
12-11-2012 Intel Guru Bluwolf LAST FRIDAY WAS INTERESTING DOWN HERE ON THE ISLAND, IT SEEMS THAT THE BANKS DOWN HERE HAD A CLOSE MEETING WITH A MAIN DINAR DEALER, SUBJECT THE DINAR AND THE AGREEMENTS ON THERE RATES FOR THE EXCHANGE. FOR WHATEVER THERE RESULTS WERE IT SEEMS THAT THE RV OUTCOME IS VERY NEAR. WE ALSO GOT WORD ON SATURDAY FROM A BANK THAT IS IN A COUNTRY JUST NORTH OF THE USA AND THEY HAVE INFORMED US THAT THE GLOBAL RESET OF ALL CURRENCIES IS PREPARING TO ARISE INTO OUR LIVES VERY VERY SOON.
12-11-2012 Intel Guru Frank26 Next week Kuwait is coming in to Bagdad to ask the UN to release Iraq from Chapter 7, it has been 10 years. Next week some powerful things are about to happen to lift them of the shackles & will allow them to enter into the international world and the only way they can enter is with an international currency value. They are about to increase their value. To what value? They are going to lift the 3 zeroes from their exchange rate, which is about .000859 and quickly move the decimal to the right and the rate will be $.86, a little more in the end in the U. S. of America, about $1.17 when you cash out. Do you see why everyone is excited right now? They are telling us they are about to raise the rate of their currency.
12-11-2012 Intel Guru BWM (Where do you think we are at this point IYO?) That’s about as hard of a question as, “What is the meaning of life?”… lol. I “feel” that things have been “set up” to happen but WHY it hasn’t at this point is the million dollar question and you can ask an honest contact and they will tell you they can’t give you a good answer. No amount of “I hear it’s going Tuesday” will get us there. We just need to continue to update our preparations and be ready when the call comes.