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brokendiver5

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Everything posted by brokendiver5

  1. whoooooo hooooooo whoooooo whoooooooohooooooooooo
  2. It just shows that Obama is a friggin no good bastage with no regard for the pricipals that the boy scouts instill in our youth!!!! I glad he is not speaking !!!!! we dont need him !!!!
  3. I love this one dinarded!!! My opinion of hope is that they will cut three zeros from the front of the current exchange rate. This would make it .86 this would be a good place to start. But in the words, it states L O P and that scares the hell out of me.
  4. i think the three zdedro thing is code for an .86 rate just my opinion
  5. This is more disinformation i hope!!!
  6. funny , when i did 1 usd - igd its said=1-1 when i did 1 iqd- 1usd it said .00085 goofy
  7. thanks 98.you get the good stuff!!
  8. Netinfo. Please harbor no ill feelings for us, we still welcome you in our comunity.You will be surprised how many folks in here are not who they seem. You are not alone.. Knowing what we know about you, I personaly would enjoy you comming into the chat and enlighten us about the culture you are so proud of . Especially when we get it wrong.
  9. I needed somthing positive today....I hope Frank is right !!!!
  10. Dear xxxxx xxxxx, I was the one who posted the Asia intel a few days ago. My intention was just to let the KTFM folks know about this. I didn’t expect it to spread to the other forums as I posted quite late at night. It attracted a lot of attention which I’m not sure that I like. My intention was not to pump but for those people like me who has been on this for quite some time, and wants to know when it’ll finally end. So decided to drop you this email to answer some of the queries and explain how the dinar dealers think. I spoke to the supplier again yesterday with regards to some of the queries, comments and criticisms in the forums. I can verify that the intel is true as the supply source in Middle East refuse to ship out anymore dinars . What I know is that the local supplier has limited stock left just to help anyone who wants to buy dinars. I had different friends check on him and he said the same thing. Unlike Ali ..lol. He has purchased his own dinars which is a lot and as a dealer, his business is to buy and sell currencies. As to why they don’t keep it for themselves, the truth is like all investors, they will assess the risk and they will invest according to what they think is worth the risk. Anything more would deviate from their own investment plan which is not good discipline. It seems that Ali don’t talk about this ever, but all my money changer friends stick to a very strict currency investment plan. Hope this helps those who wonder why currency dealers don’t just hoard all the dinars for themselves. It’s bad luck for their business as money is meant to flow and not stored up like the Dead Sea. In the past, this supplier always talk to me about how important the date of the elections were. But because I was hoping it’ll happen sooner so I ignored those comments. On hindsight, I realized that he has been hinting me the importance of the elections. He is also quite tired of this ride as he has also been ridiculed by a lot of money changers for doing this. It’s a scam all his competitors say and that once it is exposed, he will be finished here. And also he wants this ride to end as every time he ships the dinars to Asia, he’s afraid that it’ll RV and he is caught unaware. It’s a complicated situation and as a businessman, integrity is paramount. IF it RVs and the dinar is still being shipped, who does it belong? The source, the courier, the local dealer or the purchaser? Very complicated. So best is to avoid such situations. Basically, the situation, as far as the dealers are concerned, is that there is a strong deadline for RV that will expire on 1st March 2010. After which, elections will begin. If Iraq don’t make it by then, it will be after the elections, which is not a good prospect as you won’t know who is in power and whether there’ll be squabbles between different tribal factions that will delay it further. Right now, power is situated in a few people and this will make it more easy to RV. The ‘foot on the ground’ intel that there may not be salaries decrease or they didn’t hear of impending RV are NOT INACCURATE but it doesn’t necessary paint the full picture as some critical information have been purposely been omitted from any public announcement. Just like when Kuwait RVed quietly, so will this be. (In fact, I think most RV has been quiet except this one which is getting too much attention on the internet . China RVed despite releasing a conflicting media statement that their RMB won’t RV a few days before) The Iraqi people can only make educated guesses based on carefully released public info. Imagine if the govt drop strong hints for it to RV, then it doesn’t happen, which is a possibility, you will get a very unhappy voters which surely means that Maliki is out, despite leading in the polls now. So if they drop enough hints to suggest that it may happen soon, the Iraqi voters will vote for the incumbents. And at the same time the government also issues a lot of confusing statements on the RV so that the Iraqis will not be too hopeful that it MUST happen this weekend. In this way, people will neither be too bullish nor too bearish. You were a stockbroker so you should know what this means. My guess is that whoever is in the know, is trying their level best to make it happen by 1st March. But there is a chance that they will not make it too. Hence, the mixed messages on RV so that in case they missed this date, they will not be slaughtered in the elections. So if it doesn’t RV this weekend, the Dinar supply will start again. BUT only so much of the new notes have been printed. At some point of time, these ‘000 notes will run out. The supplier didn’t say that is the case now but it’s not too far away. If it doesn’t RV before elections, it means that the next window opportunity will really be uncertain. As mentioned, currently only a few key Iraqi leaders are involved in the RV. After the elections, they’ll take a few months to form a government. Then the elected parliament which involve different tribal factions will need to come to an agreement of date and rate for the RV. Historically, it is difficult for all these different tribal leaders to agree on anything. This can be clearly seen in the past few months when they took such a long time to agree on the Election Law, and refusal of ex-Bathist candidates to run for elections. Saddam was the Supreme Iraqi leader because he was strong enough to keep all the tribes under him. Without a strong leader, the squabble of the tribal leaders can go on and on. You must understand that it is not their custom to look for a win-win situation in disagreement. So we may have to wait very very long before they agree on the rate and date for RV. So for those who wants to buy more dinars thinking that it may RV this weekend, I want to say that your risk is that if it doesn’t happen this weekend, then you have to wait for a long time. Invest only what you can afford and don’t need for daily living. Otherwise, be content with what you have.
  11. Good evening Family, I had fun with the word Re-denomination yesterday. So let me have a little more fun with it today. Everyone likes to say RV
  12. PLEASE STOP TYPING Polarbear says to (22:50:23): ******** STOP TYPING PLEASE LET MED FINISH ******** Med says to (22:50:49): OK I SNIFFED SOME GLUE Med says to (22:51:01): SO I CAN EXPLAIN THIS EVEN LOWER THAN THE KISS PRINCIPLE Med says to (22:51:27): 1,500,000 MILLION IQD = 1282 USD Med says to (22:51:39): NOW REMOVE 3 ZEROS Med says to (22:52:01): 1,500 DINAR STILL = 1282 USD APPROX Med says to (22:52:20): NOW TO GET HOW MUCH 1.5 MIL IS Med says to (22:52:36): DIVIDE 1170 INTO 1,500,000 AND YOU GET THE USD VALUE Med says to (22:54:01): WHICH IS APPROX .85/.86 skypiratedc10 says to (22:54:18): Or 1282 divided by 1500 gets you the exchange rate of: .854 or .86 Med says to (22:54:32): THAT IS HOW I GOT THE .85 Med says to (22:54:38): I KNEW THAT rjohnston(mod) says to (22:55:14): do you have to interupt let med finish sky Med says to (22:55:14): SO THERE IS NO X 2 Med says to (22:55:36): NO MANIPULATIVE CALCULATIONS Med says to (22:55:42): IT IS SIMPLE MATHEMATICS Med says to (22:56:01): AND I AM NOT SPECULATING ON THE RATE Med says to (22:56:05): THEY TOLD US THE RATE Med says to (22:56:15): IN THE ARTICLES POSTED Med says to (22:56:54): IF PREDENOM RATE OF A 1K NOTE IS WORTH .854 NOW Med says to (22:57:26): AND THEY SAID A POST DENOM NOTE OF 1DINAR WILL BE THE EXCHANGE RATE OF A 1K NOTE Med says to (22:57:36): THEN THE RV IS .854 Med says to (22:57:39): USD Med says to (22:57:52): IT WAS ALL THERE TO SEE AND READ Med says to (22:58:02): CAN'T JUST SKIM OVER THE ARTICLES Med says to (22:58:15): GOT TO PULL OUT THE INFORMATION THAT IS GIVEN Med says to (22:58:24): THERE IS SO MUCH THERE FOR US TO KNOW Med says to (22:58:38): NOW I AM OF LIMITED EDUCATION AND INTELLIGENCE Med says to (22:58:44): IF I CAN DO IT SO CAN ANYONE Med says to (22:58:53): TY ALL DONE
  13. brokendiver5

    medic

    This loan could well be in addition to what was in their budget. this is called Stand-by-loan. right ? Med says to (19:15:35): IT IS A STANDBY ARRANGEMENT Med says to (19:15:39): OR SBA Med says to (19:15:58): WHICH IS WHAT IRAQ WAS UNDER CONTROL OF BY THE IMF FOR YEARS Med says to (19:16:15): IT PUTS THE MONETARY AND ECONOMIC POLICIES IN THE HANDS OF THE IMF Med says to (19:16:35): IT MEANS NO COMPETITIVE DEVALUATION OF CURRENCY Med says to (19:16:46): WHICH IS WHAT IRAQ HAS DONE WITH THE DIRTY FLOAT Med says to (19:16:54): KEEPING THE RATE OF EXCHANGE DOWN Med says to (19:17:19): THE MONETARY AND ECONOMIC POLICIES AS STATED BY THE IMF MEMBER ARCTICLE IV Med says to (19:17:33): STATE STRICT REGULATION OF THE POLICIES Med says to (19:17:38): BY THE IMF Med says to (19:18:22): IT ALSO STATES THE LOAN IS TO IMPROVE THE MONETARY AND FINANCIAL OBLIGATIONS OF IRAQ Med says to (19:18:52): AND THAT THE EXCHANGE RATES MUST MEET THAT STANDARDS SET FORTH BY THE IMF IT ALSO STATES THE LOAN IS TO IMPROVE THE MONETARY AND FINANCIAL OBLIGATIONS OF IRAQ Med says to (19:18:52): AND THAT THE EXCHANGE RATES MUST MEET THAT STANDARDS SET FORTH BY THE IMF ErinsDad1003 says to (19:21:18): . Med says to (19:21:30): BRB PHONE Med says to (19:38:00): OK I DON'T KNOW WHY THE SPECULATION ON IT NOT HAPPENING Med says to (19:38:15): AND IF IT DOESN'T BY A DATE THEN IN FOR THE LONG HAUL Med says to (19:38:42): THAT DOESN'T EVEN MAKE SENSE WITH ALL THE NEWS THAT HAS FLOODED THE MEDIA IN THE LAST 19 DAYS Med says to (19:38:52): IT HAS BEEN NON STOP Med says to (19:38:57): ON THE REDENOM Med says to (19:38:59): THE IMF NOW Med says to (19:39:08): AND IF YOU READ ARTICLE IV Med says to (19:39:24): YOU WILL SEE WHAT NOW IS IRAQS RESPONSIBILITY UNDER THOSE ARTICLES Med says to (19:39:42): AND NOW THE IMF HAS CONTROL AGAIN AS THEY DID IN THE PREVIOUS 5 YEARS Med says to (19:40:01): THIS FOR ME WAS MONSTER NEWS Med says to (19:40:06): I DID NOT EXPECT IT lazeroo says to (19:40:08): huge ! Med says to (19:40:25): I EXPECTED TO SEE THEM RELEASED FROM CHAPTER VII BEFORE I SAW THIS ANNOUNCEMENT Med says to (19:40:37): IMF IS NOW IN THE DRIVERS SEAT Med says to (19:40:42): AND TO PAY BACK THIS LOAN Med says to (19:40:57): THEY MUST, I REPEAT MUST HAVE A TRADABLE CURRENCY skinwalker says to (19:41:06): how long do they have to pay it back? Med says to (19:41:07): SO IT IS COMING AND COMING SOON bobbyee says to (19:41:12): No speculation here..I know it's going to happen..not jumping ship when we're so close Med says to (19:41:17): IT IS A 24 LOAN brownbaby says to (19:41:24): please hold ?s till he done Med says to (19:41:26): THEY HAVE 3.6 BILLION Med says to (19:41:40): NOW IF YOU ALL READ THE FORUMS AND THE ARTICLES Med says to (19:41:48): WHICH THAT ? SHOWS YOU DIDN'T Med says to (19:41:53): IT STATES IN THERE Med says to (19:42:06): ALL THE UPDATED INFO IS IN THE IMF FORUM Med says to (19:42:14): AND ALSO ARTICLE IV Med says to (19:42:50): NOW I EXPECT THAT ANY CHANGES WILL TAKE PLACE ON THE 1ST OF THE MONTH Med says to (19:43:00): THEY ARE CHANGING SALARIES Med says to (19:43:09): FROM 940K TO 940 DINAR Med says to (19:43:16): AND 1.5 MIL TO 1500 DINAR Med says to (19:43:37): SO THAT WILL AS WE KNOW IN OUR OWN COUNTRY MOST LIKELY ON THE 1ST PAY PERIOD Med says to (19:43:47): AND NOT IN THE MIDDLE OF THE WEEK Med says to (19:44:01): NOW THIS MEETING AND APPROVAL WAS NOT SUPPOSE TO BE UNTIL APRIL Med says to (19:44:17): SO THIS WAS MOVED UP AND APPROVED BY 85% OF THE BODY OF THE IMF Med says to (19:44:37): SO THIS WAS A VERY BIG AND PLEASANT SURPRISE FOR US ALL WOULD HONESTLY SUGGEST SINCE NONE OF US HAVE EVER BEEN RIGHT ON PREDICTING WHY OR WHEN Med says to (19:45:35): WE DON'T SPECULATE THAT IF NOT BEFORE ELECTIONS THEN WE ARE NOT GOING TO SEE IT FOR A LONG TIME Med says to (19:45:56): BECAUSE NONE OF US KNOW THE MINDSET OR WHAT ACTUALLY IS GOING ON BEHIND CLOSED DOORS Med says to (19:46:08): BUT THE FACTS ARE THIS: TO PAY BACK AN IMF LOAN Med says to (19:46:20): YOU MUST PAY IT BACK WITH A TRADEABLE CURRENCY Med says to (19:46:25): NO WAY OUT OF IT Med says to (19:46:41): AND THIS LOAN IS TO FILL THE MONETARY AND FINANCIAL "SHORTFALLS" Med says to (19:46:58): SO THAT MEANS THEY DON'T HAVE XTRA REVENUES FROM THE OIL TO COVER IT Med says to (19:47:15): SO THE ONLY WAY TO PAY IT BACK IS WITH AN IRAQI DINAR THAT IS INTERNATIONAL Med says to (19:47:31): OK ALL DONE TY VERY MUCH AND SEE YOU ALL LATER.
  14. tell your son to take care of himself...people are prayin for his safe return...and than you
  15. this does make sense . thank you
  16. brokendiver5

    Apology

    You are alright in my book....
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