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whoda

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  1. Officially released? cbi.iq hasn't changed their rates in years. The English page is never updated (You can decipher press releases on the arabic site for info, google translate doesn't like these pdf docs) TradingCharts.com shows forex for IQD at 1140 stable for the past 5 days. granted 20 dinar isn't much but when you factor that the rate has been above 1160 for the past 5 years I'd assume this shows some promise. Then again, this is the only site reporting this, yahoo finance and xe.com both reporting 1163. Human nature favors precaution hence why this is taking so long. I have an intuitive feeling that this wont be an over night endeavor. Slow and steady wins the race to prevent catastrophe. http://forex.tradingcharts.com/chart/US%20Dollar_Iraqi%20Dinar.html
  2. Misinformation. RV will be backed by Gold - IQ is a world leader in Gold and Oil reserves - Value will no longer be in the hands of the banks backed by promissory notes instead it will be in the hands of the gov't backed by their physical reserves.
  3. Think about it. If people are touting IQD to RV from anywhere to $1.13 - $6+ then the CBI would make a very very strong investment to eliminate its reserves of devaluing currency AKA USD. Granted this also sends an influx of undamaged notes to the CBI as soon as RV hits (check out dinarupdates.com for the article on damaged IQD notes being replaced).
  4. "i just called my international lawyer doing the call to see if he was still sitting there & he was and he just told me he got 2 calls from his traders & they told him the rv is to be announced later on tonight-when that happens they will call him back to tell them which hotel to meet them in reno-ok let the bashing begin-lol" speculation... However IQ going through interesting meetings today... Finance Committee meets to discuss 2014 fiscal budget this week as well.
  5. Seconded ISX tested NASDAQ trade yesterday. Today reports of small protests beginning in Iraq demanding this be put through (POPPY3). The whole world is watching right now, its hard to believe nothing will happen.
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