7-5-2012: IRAQI DINAR GURU GUESSES!!
7-5-2012 Breitling Unbelievable news coming out confirming they are going to raise value of currency…Every time Shabibi mentioned this…Maliki would ask for a study…now the GOI is on board…this is going to happen no matter what…I don’t know exactly how this is going to play out or what the rate will be…I have not seen anything negative yet…Kick back and relax!
7-5-2012 Kaperoni we have never seen as many articles coming out relating to the currency. The new currency comes out after they change the exchange rate. So, this event will occur in the very near future. I’m going out on a limb and saying 90 days or less…There’s going to be a period of time where the rate changes and Shabibi will use that time to get citizens to utilize the banks. Large denoms will not be accepted at a merchant level. Iraqis will have to turn large notes into the banks where it will be dealt with electronically and the paper notes removed from circulation. The large notes will retain their value. Iraqi citizens will gain a bank account and buying power. We believe Shabibi already has removed a large portion from circulation. Initially the exchange rate will be 1 to 1 or possibly .86 cents and then from there it will continue to raise over time.
7-5-2012 Mailman17 WE SEE THEY PLAN ON GETTING THE NEW BILLS OUT BY THE NEW YEAR WE ALSO SEE THEY WANT…THE NEW RATE IN THE NEW BUDGET, THAT BEING THE 2013. ALL GOOD NEWS, NOW WHAT STOPS SHABS FROM RELEASING THE RATE PRIOR TO THAT? THE NEW BILLS? THE RV IS NOT SOLELY RELIABLE ON THE INTRODUCTION OF THE NEW NOTES THE OLD ONES WILL DO JUST FINE…WHOS TO SAY THAT THEY DONT INTEND TO RELEASE EARLY ALSO? INSTEAD OF JAN 1…EVEN KNOWING THE NEW NOTES MAY BE 6 MONTHS OR SOONER AWAY, FOLLOW SHABS HE IS THE KEY.
7-5-2012 Mike when we say things are getting processed and going thru…it does not mean the RV is immenent…it means the process and the next steps are finishing up…we finish up one step…we get excited about that step because that means we are one step closer to the end of this process…Neither I nor anybody else knows when this is going to happen but we are following these steps…the things that need to take place before they can officially go forward and we are excited because those steps are getting fulfilled.