12-30-2012: Iraqi Dinar Guru guesses!!!
12-30-2012 Newshound Guru Kaperoni I don’t think its going to be an RV, I think its going to be a float. I think we may see it start on the 1st. But it seems unlikely, Parliament is now out until the 8th of January. there were literally hundreds of articles last spring about 1-1. There were articles from the CBI…from the US Govt…from parliament, that all talk about a 1 to 1. Even economists have come out and said they want to make the dinar equal to the US dollar. In that sense, there is a lot of support for a 1-1 exchange rate right out of the shoot…this was what was going to happen until the end of this summer when we started to get the indication that they were going to free float the currency. The support is now there for this.
12-30-2012 Newshound Guru Kaperoni Now whether they end up going that route or RVing it to 1-1, we just won’t know until it happens. But we’re pretty confident they are going to float it but when it happens is anyones guess. It appears to me that something has to happen, has to begin, fairly soon. When I say fairly soon, it could be a week, 3 weeks, a month, 1 ½ months. With the Feb 23rd deadline for the IMF Standby Agreement, with some of the events that we read in the articles…it appears to me that they want to open up the market to bring investment in and that means getting their currency on an international level. And remember the Iraqi stock exchange is supposed to be going international starting in January as well.
12-30-2012 Newshound Guru Kaperoni I’m not going to say we’re going to have a 1-1 in January but I certainly believe that they need to start this thing pretty quick. And that being said, if it does go into a float, I wouldn’t be too disappointed because as Steve [Enorrste?] has stated…he thinks it will go up fairly quick. Even if it started January 1st in a free float it could in three months be at 1-1.
12-30-2-2012 Intel Guru TerryK ok what i got for news today, it will be short and sweet. rates are in the mid 3 dollar range, as high as 3.86, then rise the days to follow as the market will push it up. the dong will do the same and peak no more than 2.22 over a time span. it will start at .48. this is right now scheduled for tomorrow [Sunday] night late when the china market opens. i have been told to be silent but this is going into the third week.
12-30-2-2012 Intel Guru TerryK now you may hear this tomorrow night [Sunday] but not see it until the forex updates. the forex opens at 5 pm est but will not update where we can see it until 7:15 or so if it updates on forex, it may NOT… hearing alot of weird crap today about markets not showing rates, rates bouncing on screens and what im telling you is really on the qt. this all has to happen before the 1st there is a $ reason for this or the cost of this not happening will cost the usa billions.
12-30-2012 Intel Guru Winalot Article: “The conference of the National Sovereignty and Reconciliation started in Baghdad on Friday in presence of the Premier, Nouri al-Maliki and a number of parliamentary and governmental figures.” sounds like another name for a national conference to me…strikes me as odd that they are having a conference .. un announced.. for “reconsiliation”.
12-29-2012 Intel Guru TerryK [have you heard any rumors about Iraq using new money on the streets yet?] I HAVE HEARD THAT, CAN NOT CONFIRM. ANYWAY, I WOULD KEEP MY EYES REALLY OPEN AND FOCUSED FOR TONIGHT THRU SUNDAY…AND YES I BROUGHT ALL MY CRAP HOME FROM TEXAS…WHATS DOES THAT MEAN.
12-29-2012 Newshound Guru Tlar I do not believe he is apologizing nor do I believe that he is saying he is trying to work the problems out with the other blocks. Quite simply he is stating, “the Prime Minister and I take responsibility for and ready for everything,” He is ready to take 100% control of Iraq.
12-29-2012 Newshound Guru Tlar He is trying to appeal to the demonstrators like he is the only one who cares about Iraq as a country. He goes on to say: “Maliki said that “today total aims responsibility to the Prime Minister and I take responsibility for and ready for everything,” Maliki asked “Why do not ministers responsible ministries divided between all the components”. A loose translation of this is, “I am willing and ready to take responsibility for everything, to be the sole leader. I believe this is a forward looking statement which means I am ready to be in charge of everything.
12-29-2012 Newshound Guru Tlar Article quote: “expressed by Prime Minister Nuri al-Maliki, on Friday, his willingness to take responsibility towards the Iraqi people” I see this as a veiled attempt to push blame for the problems on all the other parties. In the article, Maliki is saying: “everything is disabled in this country against the backdrop of political rivalries,” noting that “the projects and decisions, laws and budgets code because of insults and political rivalries.”, therefore shoving the blame off of him to the “bad” guys from the other blocks…
12-29-2012 Newshound Guru Med WASHINGTON LOOKING FOR ALTERNATIVE TO MALIKI…IT SEEMS THAT THINGS ARE MOVING FAST AND FURIOUS. SO, IT WAS A U.S. OFFICIAL THAT FOUGHT TO KEEP MALIKI IN OFFICE WITH THE OBAMA ADMINISTRATION. [unbelievable] I KNOW. [with maliki being ousted how do u think things shape up in your opinon?] FIRST OFF HE ISNT OUSTED, WE ALL KNOW THAT WHAT HAPPENS IN IRAQ IN THE MORNING CAN TOTALLY TURN AROUND BY THE AFTERNOON. WE….THE U.S. ARE LOOKING FOR AN ALLY IN IRAQ. I AM NOT DOWN JUST REALISTIC ON THE PROCESS. IF MALIKI FALLS DOES SHABIBI RETURN, I THINK HE DOES FOR ONE REASON HE HAS BEEN WATCHING EVERYTHING GOING ON WITH CBI. I THINK HE WILL WANT TO FINISH WHAT HE STARTED.