DAILY GURU GUESSES!! 3-29-2012
3-39-2012- Med HE [Ban Ki-Moon] DID EXACTLY AS I SAID HE WOULD HE TOLD IRAQ THEY ARE TO SETTLE THE FILES WITH KUWAIT AS PER THE UNSC RESOLUTIONS. SO FAR THIS SUMMIT HAS NOT BEEN HELPFUL TO IRAQ THEY TRIED TO USE IT TO MAKE DEMANDS. THE PROBLEM IS WHEN YOU MAKE DEMANDS YOU SHOULD DO IT IN A POSITION OF AUTHORITY AND THEY ARE NOT IN THAT POSITION. I SAID ALL ALONG THAT MOON WOULD NOT CHANGE ANYTHING…THEY HAVE WAY TOO MANY UNRESOLVED ISSUES.
3-29-2012- DinarWishes I’m hearing this is close to the end…You will see lots of Intel provided about times and rates and such. Let me make this perfectly Clear. Nobody knows exactly what the time or day this is going to show up. NOBODY!! Now do we think we know that it is close, absolutely!!! But to narrow it down to a time is impossible. Don’t buy into a high rate.
3-29-2012- Hammerman Ok freinds dont fall into the miss info out there…all is great in iraq, all are in good moods no trouble makers…the saudi prince is there, some think not but he is…mallki is no trouble..i look to hear the release of ch 7 and the full out erbil soon.
3-29-2012- BGG I have long been of the opinion Iraq will have to RV first – then Ban Ki will let them out of Ch7…Ban Ki wants them to RV so they can finalize the war damages with Kuwait. Maliki just backed out of his last “agreements” with Kuwait just the other day and Ban Ki was sitting with them!! He jerked the majority of the Sunni Arab leadership around by leading them to believe he would honor agreements and at the last minute they all “bailed” on the Summit…this is no Summit…it’s a victory lap with no victory. I am still being told this can happen at any minute…but I’ll tell you I’m a little skeptical…my gut tells me that Maliki will drag this out some more.
3-29-2012- Breitling Everybody is just waiting. IMO, I think that it’s going to be in the second half of this year based on what these guys are saying. I think it all has to do with getting out of Chapter 7…the summit and all these meetings are setting them up, positioning themselves. They have put all this info on the table & let everyone know they are going to raise the value of their currency. Our #1 focus is when are they going to revalue their currency & second, the value of it. I’m still looking past June for it to revalue, if their going to do it this year. Shabibi put these guys in a corner & they can’t get out of it, they can push it down the road a bit, but they can’t get out of it. I’m not going to change my mind on the timeframe & the rate, there is too much info out there, too many articles with evidence.
3-29-2012- Bulldog75 THE ‘RV’ HAS TO BE CLAIMED FIRST, THEN CH.7. THIS COULD SIMPLY OCCUR WITHIN MINUTES TO AN HOUR BUT THE RV COMES FIRST. IRAQ CAN BE GRANTED TEMPORARY STATUS BY UNITED NATIONS OF OUT OF CH.7 AND ADMITTANCE TO WTO.
3-29-2012- BWM [Chapter] 7 NEEDS RV THE RV DOESN’T NEED 7…SO WITH THAT SAID, WHETHER HE [Moon] IS THERE TO RELEASE THEM IS REALLY NEITHER HERE NOR THERE FOR US…IF HE DOES RELEASE THEM WE KNOW THEY HAVE ABSOLUTELY CONFIRMED ALL THEIR STEPS TO BE RELEASED.
3-29-2012- Doc [Post 4 of 4] Basically, all is not done and this is why we have not seen the RV. We do maintain that the pieces are being put into place. We also believe much is happening “under-the-table” to which no one one is privileged to that information. Our opinion continues to be that the back drop of timing is June to September. At this point we would be surprised to see it before June but would welcome the surprise. As for rate continued recent information points to $1 with the possibility of an initial rate under $1 and a gradual increase to $1. We report, you decide.
3-29-2012- SWFloridaGuru [Post 2 of 2] Ban kI Moon has made it clear he supports Iraq and in accordance with the relevant provisions of the Charter of the United Nations, a decision from the Security Council will be made by an affirmative vote of the members of the Council including the concurring votes of the five permanent members (China, France, Russian, U K of G B and N. Ireland, USA). I believe this process will be accelerated due to private negotiations that have taken place between Iraq and the UN. Chapter 7 has been an embarrassment to Iraq and a tool used by the UN when diplomatic measures have failed. They will not give up that chip until the CBI follows through with raising their exchange rate. The exact timing of when a new exchange rate will be sent from the CBI and then released from the BIS and revealed publicly, is anyone’s guess but clearly, we are close.
3-29-2012- SWFloridaGuru [Post 1 of 2] the day we’ve been waiting for is finally here and I don’t think it will disappoint. Ban Ki Moon made the statement today that Iraq has come back strongly into the international community and that he will push to see Iraq out of Chapter 7 and with that a return to a state of normalcy. The UN Secretary General went on to say that this visit has shown him the great strides Iraq has taken to become more secure, stable, organized and sophisticated compared to his previous visits. He called for Iraq to regain their role both regionally and internationally. To do this Iraq needs to have a tradeable currencyand be removed from Chapter 7. Ban Ki Moon does not have the power alone to release Iraq from chapter 7 but he is the chief administrative officer and serves as their spokesman. In other words, his views are their views. [“continued in post 2…stay tuned”]
3-29-2012- Adam Montana [Post 4 of 7] I don’t think a “slow RV” is possible, but IF that happens it would actually be a good thing because it would eliminate the possibility of a “cash in window”. If the current value simply grows slowly (but effectively) to a decent rate, they will be forced to honor all denominations and at the SAME TIME they would be forced to release the lower denominations. I think it’s more likely that they do a small “hard RV” then slowly grow, but either way, it’s good for us. One way just takes longer. [“continued in post 5…stay tuned”]
3-29-2012- Bluwolf In the third hour of the new day all will be underway. I said that and I mean it…everything is underway. I will just sit here relaxing and awaiting to see how these men of power pull this thing off. Both banks and us await to start cash out.