5-16-2012, IRAQI DINAR GURU GUESSES!!
5/16/2012 Footforward UNTIL THE RATE GOES LIVE EVERYWHERE, AND IS LOCKED IN AT THE SAME RATE, AND WE ARE TOLD TO CASH IN, ALL RATES ON BANK SCREENS ARE TESTS. PERIOD. THERE IS LIVE TESTING GOING ON, BUT AT THIS POINT NO ONE HAS “THE RATE”. THERE IS A RATE OF 17.08 SHOWING ON SOME SCREENS, BUT UNTIL WE ARE TOLD OTHERWISE THESE ARE TEST RATES. THIS SHOULD HAVE HAPPENED SEVERAL TIMES LAST WEEK. SHOULD HAVE GONE LAST NIGHT. I DONT THINK ANYONE CAN SAY WITH 100% CERTAINTY WHY THIS HASNT GONE…IM LOOKING HOUR TO HOUR.
5/16/2012 Jonnywg THERE ARE CERTAIN CONFIDENTIAL OR DAMAGING THINGS THAT SHOULD NOT BE RELEASED…THE RV HAS BEEN ALIVE FOR MONTHS BUT NOT RELEASED…RATES CHANGE WITH GOLD/STOCKS/OIL/ USD…TESTING HAS GONE ON FOR WEEKS NOW… ERBIL IS DONE BUT MUST BE ANNOUNCED…WE ARE IN A GOOD POSITION STILL…TECH ISSUES ALMOST RESOLVED…WE ARE CLOSE…We all hope it is done…But I do feel that it may take another day…thursday is the day following the resolving of other undisclosed issues.
5/16/2012 ArizonaHeat [erbil implemented] is one of the requirments to release the RV per Shabibi…im not sure if its the final requirement but we will see very soon. it is to be implimented by a majority out of iraq, that means with or without Maliki. you would think that there would be some type of guidlines as far as a RV is concerned. I do know that this situation has broken just about every single rule there is in reference to the political and financial system. what seems like forever to us is a blink of an eye for all parties…you will get an rv.
5/16/2012 Bondlady much depends on these tarriff taxes…big businesses want to know about these things before they will venture in to invest, what there taxes would be or what tax bracket they would fit in before they committed to long term investments in iraq…without these taxes, say bye bye to the WTO…Of most direct relevance to the WTO is whether foreign exchange is freely available in payment for current account transactions, as exporters need to know how they will be paid. Iraq must have a CONVERTIBLE CURRENCY…the investors and iraqs buissness men will support the private sector hence giving shabibi what he said he would need to happen to bring value to the iqd…shabs got a lot to do an a short time to do it imo as tarriffs are set to begin july 1st 2012.