8-7-2012: Iraqi Dinar Guru guesses!!
8-7-2012 Newshound/Intel Guru BGG I don’t care where it comes in at – I have an idea where it’s headed. In fact, if it starts in the low three’s I may leave a considerable amount in Dinars as I have an idea as to what will happen…my gut says a bit more than a dollar is the very bottom side. Worst case. I just don’t see it at a dollar (unless it’s a very short – initial rate). I truly think it will get to a bit over four bucks sometime in the first year after coming out – don’t care where it comes out…at some point in the near future, it will be worth more…and that’s why – if it starts in at a low 3 number I’m not in a big hurry… I agree the drastic move from a dollar + to over 4.00 in a year would be currency “whiplash” and does carry with it some inherent risks – I am under the impression – both from sources and the lack of any real proof otherwise – Dr Shabibi will directly manage the IQD pricing for some time. I doubt it will be a Forex currency for quite a while.
8-7-2012 Intel/Newshound Guru Poppy3 i don’t buy the rv coming out low and going high at all…that is not what the DR said…and about the dinar not being marketable at the higher price??? Well Shabibi stated they could actually sustain up to $14 plus against the USD. Then they are not afraid of a run on the bank in country KUWAIT WASN’T WHEN THEIRS CAME OUT HIGH AND EVEN WENT HIGHER before dropping 9 days later?? One to one doesnt help their revenue to rebuild their country. I have my faith in what I have studied.
8-7-2012 Newshound Guru L.J. Things are starting to move…it seems that the end of Ramadan is a target time frame…makes sense Talabani is supposed to be back after Ramadan…and we see they trying to have the reforms done before the end of Ramadan…with that we have reason to have encouragement to see something take place and we just hope that with what Shabibi is telling us and what the banking sector is doing that it all comes together like we think and know it should…we are starting to see some movement…please have cautious excitement and optimism because as we have always seen deadlines come and go.
8-6-2012 Intel Guru Hammerman Chances are the longer we wait, the higher the rate goes up. I had a conversation with Ms. Wu today, she is pushing for this to go through. There is going to be some major movement with currencies tomorrow and a major currency announcement. The global realignment of currencies has started. The RV will not take place for 2 – 6 weeks…look between the 20th of this month until Sept. 25th. Everything is in place
8-6-2012 Newshound Guru Kaperoni There are a lot of pieces to the puzzle regarding the rate. Shabibi has a lot of issues to deal with inside Iraq. He has to build the banking sector. They have what is referenced to as a staging rate of 1 to 1, or slightly above or slightly below. That rate will not cause a stampede to the banks. No one knows what the rate will be until it happens, only the IMF and Central Banks have discussed this. But, this rate would make it a very attractive currency for Central Banks around the world to purchase it & that’s why a staging rate of 1 to 1 makes perfect sense. If you put all the pieces together, this draws a nice map to the end result of a higher rate down the road.
8-6-2012 Intel Guru Tony It’s out of Iraq’s hands, it’s in the hands of those that put the plan together, the U.S. Britain, France & other governments. They are working to make the right decision, this is a world wide event, the survival of the world financial system. China is not in charge of this. We still don’t know the date and rate. I do know Iraq wants their ministers to be paid after the 15th of this month in the new currency. I know it’s not going to be Jan. 1st. I think it’s a short period of time. We are still in THE position. The decision could be made in the next 30 minutes, next hour or could be made in September, October, or November, but everything is done. [post 3 of 3]
8-6-2012 Newshound Guru L.J. Talabani is supposed to be back right after Ramadan. We are seeing alot of good things on the government side…laws passed 100…70 more to pass…National Alliance isn’t going to change their tune…they are going to continue to try and prolong this thing for as long as they can…You have Maliki saying I am going to do this and do that…You have Jafaari meeting after meeting with National Alliance about the reforms…Supposedly we had reform papers delivered today – Najafi looking over Reform documents as we speak…National Alliance says they have addressed every item talked about in the reforms – so we will see…We have alot of good things coming…we are looking for which is the government to make some kind of decision on what they are going to do on forming itself and I think we are going to pleased with it hopefully before the middle of the month.
8-6-2012 Intel Guru Bluwolf first of all maddam wu is our angel and…she will be bailing out the world…she will furnish the international release of the iqd…she is putting the money for this exchange…second there is no changes in the scenario, we are still on track…it is the when that has not happen as of yet…we are second by second, period.
8-6-2012 Intel Guru Cap1 O [OBAMA] STILL HOLDS POWER. HOW MUCH, WE DON’T REALLY KNOW. THERE HAS BEEN AND IT WILL BE SHOWN LATER THAT THE RV WAS TRULY HELD UP BY POLICITAL POSTURING. I DO KNOW THAT MADAM WU HOLDS TREMENDOUS POWER. MADAM WU REPRESENTS THE 8 CHINESE DYNESTY FAMILIES. SHE HOLDS THE REINS AND SHE IS IN THE DRIVER’S SEAT AND MAN, CAN THAT LADY DRIVE! THIS SHOULD HAVE BEEN OVER MONTHS AGO. LIKE A YEAR AGO. THIS IS NOT JUST ABOUT THE RV.
8-6-2012 Newshound Guru Arthur Shabibi is moving along with the project…the Future of Iraq Project…The deletion of the zeroes…All we see now is the Central Bank moving right along as if they are going straight into the deletion project and I like that because of the slow nature of the govt side – it doesnt seem to be slowing Shabibi down at all and I think that is great.
8-6-2012 Intel Guru Tony From boots on the ground in iraq, got a call on Saturday, government guy, the ministers have been in place, the GOI is set and that is not what we are waiting on. I thought this was funny…he went into an internet cafe’ and there were at least 4 individuals monitoring our dinar sites!! Received another call & he said it was done & released to the banking system, the BIS, World Bank or other agency that is to release it…everything is signed, we are waiting just like you. Other stuff about Maliki, etc. is just noise. He said, “If I had any doubt this was happening, I don’t anymore”. [post 2 of 3…stay tuned!]
8-6-2012 Newshound Guru Mike Committee approved…nice to see they approved the memorandum of understanding….draft laws and ratify international agreement for the banks…all the paperwork that they need…this is a sign that they are moving forward…from the Central Bank in reference to their sales and their project containing the currency restructuring project to delete the zeroes…we have them passing laws…we have them doing what they are supposed to be doing in the Finance Committee which is supporting the Central Bank. Shabibi is putting the things into place he needs to put in…he’s following all of the directions..following all of the goals that were set for him by IMF to get his banking sector in shape he has followed that…they are not going to get this banking system in place to have a currency will little or no value.
8-6-2012 Intel Guru Gary Everybody, please hold on, be patient. We really don’t know what the timing is. The people we are talking to over in Iraq are all saying it’s done and completed.
8-6-2012 Intel Guru Tony The banking systems are still saying it’s today, they were trying to do it every 2 hours, every 4 hours to get it all done, they weren’t going to stop until they get it done, they are still trying. Today, this afternoon or tomorrow is what we are hearing it will go international. [post 1 of 3…stay tuned!]
8-6-2012 Newshound/Intel Guru BGG There has been a lot of back-and-forth as to the exact timing of when this Federal Courts Law would happen. However, this is one of the later articles and the good news is – they are working very quickly to get this handled. It may well prove to be a significant “doorway” to many of the other things they need accomplished. Along with the Federal Court Law is this Amnesty law – not completely sure of all the implications but it was one Maliki wanted and looks like the Parliament is moving at high speed on it. The big news is there is a lot of action on the MP level.