Iraqi Dinar Guru predictions! 8-4-2013
Iraqi Dinar Guru predictions! 8-4-2013
8-4-2013 Intel/Newshound Guru Poppy3 [When do you think it will happen?] ANYTIME BETWEEN MONDAY AND THE 15TH OF THIS MONTH AND IF IT DOESN’T THEN THERE IS NO DATE IN THE FUTURE THAT HAS ANY SIGNIFICANCE THAT I KNOW OF. WE WILL BE IN NO MANS LAND UNTIL SOMETHING NEW HAPPENS WITH THE PARTIES INVOLVED. POPPY3
8-4-2013 Intel Guru TerryK I HAVE A BUDDY IN IRAQ THAT SAYS HIS CARD IS LOADED AT 3.44. SOURCES TELLING ME THAT EVERYTHING IS DONE, COMPLETE, IMF UST PEEPS…
8-4-2013 Intel Guru TNT Tony Everything is good! Cards have been loaded and are being released throughout the country. Rate is still 3.44 (in country. Masses have been calmed down. We are just awaiting out turn! Banks are on standby starting at 10pm tonite [Saturday]… let’s hope this is our weekend!
8-3-2013 Newshound Guru Enorrste Article: “Attempts to undermine the regional economy and the Reserve Bank A second major” We…originally thought that they would announce the float and remove the zeros AS THE VALUE RISES for the dinar. We now are inclined to believe that the large notes will be removed as a part of the dollarization of the economy, either before or coincidental with the announcement of the free float. In other words, by exchanging the large denoms at today’s rate for dollars they eliminate any risk to the CBI in terms of a rising rate costing them more and more money to get the old dinars off the street.
8-3-2013 Newshound Guru Enorrste I would love to see an RV. I don’t believe that will happen, but I do believe that the free float will get us to a “cash in” position for some within months after the free float is announced. In any case, August has been stated to be a “big month”…Let’s see how it plays out.
8-3-2013 Newshound Guru Tlar Article: “Attempts to undermine the regional economy and the Reserve Bank A second major” Turki hit his target of 80 billion in reserves by the end of July. 80 billion plus 30 tons of gold, plus 3 billion found, plus 82 billion coming plus, plus, plus. It would be fun to know just how many dollars are circulating in the Iraqi economy at present that will also end up in their reserves at some point. Certainly Iraq can support an 86 cent dinar especially if we throw in some or all of its natural resources. As far as Turki having to fear Maliki at this time. I don’t see that as much of an issue anymore. Maliki is to busy fighting for his life. Turki is making forward statements in this article that insinuate that the present government is finished.
8-3-2013 Newshound Guru Tlar We also know recent articles have said the CBI has reverted back to the original plan. There has only been two plans. The first or “original plan” to delete the zeros and the second, plan, which was in Shabibi’s mind, at least a way to get the currency started. The original plan called for an RV and it was based on the 2008 study that suggested the CBI could support the currency at 1.13 dinars per dollar and went so far as to suggest that the CBI hold and defend this rate exactly 2 years. If we are to believe recent articles both the 2014 through the 2016 budgets are supposedly based on an exchange value of 1.16 dinars per dollar. That’s a two year run and follows to a T the suggestion made in the 2008 study.
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