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tim5400

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    * Ksdunlap (Med Chat): Dinar Speculator 2/2/12

    February 2nd, 2012 08:22 am · Posted in CHATS & POSTS (Iraqi Dinar Info)

    Med’s chat 2-2-12 @ 6:56am cdt

    tmac096 (07:56:14): morning med, how ya doing?

    Med: PRETTY GOOD TY VERY EXCITED NOT SURE IF I SHOULD BE BUT FOR SOME REASON I AM SEEING THE IMMEDIATE CHANGE TO CBI AUCTIONS

    cdjsilver51: oh boy

    Med: WAS A SURPRISE I THOUGHT MAYBE THEY WOULD DRAG BUT THEY DIDNT ALSO I DIDNT KNOW IF YOU ALL CAUGHT IT BUT CBI IN ONE OF THE ARTICLES IT STATED THAT CBI IS MOVING THE DINAR TO A TRADEABLE CURRENCY THIS IS A HUGE ANNOUNCEMENT

    GOP: Fantastic!!!!!

    Med: THE MOVE TO NOT SELLING USD WAS HUGE ALL THIS HAS TO BE PART OF PHASE II AND IS PREPARATION TO ME BEFORE THE MAJOR CHANGE IN THE EXCHANGE RATE

    `I WONT EVEN VENTURE TO GUESS THE TIMEFRAME BUT THINGS ARE MOVING FASTER THAN I EXPECTED I CAN SAY THAT

    ALSO CBI HAS NOT POSTED AN UPDATE ON THE AUCTIONS SINCE DEC 31ST THEY ENDED OR STOPPED THEN NOW DONT READ ANYTHING INTO IT CUZ I DOUBT IT MEANS ANYTHING BUT IS INTERESTING

    BUT WHEN YOU GO FROM 200 AND 300 MILLION AUCTIONS TO 4 MILLION THAT IS A MAJOR DEVELOPMENT

    SpankyI: it made me say hmmmm

    Med: THAT RIGHT NOW IS THE BEST WAY TO LOOK AT EVERY MOVE WITH A HMMMMM INTERESTING

    SpankyI: yes it is

    tmac096: I have a major hum, i find the Iranians exchanging their currency very interesting, what do these people know. It seems like that has been a catalyst for shabbi to move quickly.

    Med: YES TMAC IT WAS INADVERTANTLY THEY HAVE HELPED THE **BLEEP** SO FROM ME TY IRAN

    SpankyI: come on Shabbi were pulling for ya……..

    Med: SEE APPARENTLY IRANIANS WERE SWAPPING THEIR CURRENCY ACROSS THE BORDERS FOR USD

    NOW I COULD BE WRONG ON THIS BUT FROM WHAT I AM READING THAT WAS IT AND THOSE WHO TOOK THE USD WERE THEN PUTTING IT IN CIRCULATION IN IRAQ

    WHICH IN TURN WAS DROPPING THE FOREIGN CURRENCY ASSETS SINCE THE IRANIAN RIYAL HAD DROPPED 50% AGAINST THE USD SINCE IT STARTED

    SO THIS IN FACT HURT THE DINAR IF THEY WERE USING IT AS AN ASSET VERY FEW COUNTRIES ACCEPT THE IRANIAN RIYAL

    AND FOR IRAQ TO DO SO WAS ACTUALL PRETTY STUPID YOU DONT STRENGTHEN YOUR RESERVES WITH CURRENCIES THAT HAVE A GAZILLION ZERO’S BEFORE A DECIMAL IN IT

    THEY NEED TO MOVE TO THE ECONOMIC POWERS THIS IS THE BEST WAY THAT PRETTY MUCH ALL I HAVE VERY GOOD STUFF VERY GOOD

    It is expected to be a process of replacing the currency, according to the reports of the Finance Committee and estimates of the Central Bank during the year and a half after it begins trading currency

    OK SMOKE BREAK

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  2. it just goes to show you that GOV. will not be able to sustain (sp) itself when the drain they tax base and overinflate salaries they have to pay....simple economics but gov. always twists the numbers......so when this house of cards fall we know whom to blame....thats right.....THEM. :angry: but i could try to get a gov. job and turn a blind eye to the problem and suck more money than im worth out of my neighbors ;)

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  3. JAN.28,2012 9:16AM CST.

    BULLDOG75

    Bulldog75: GOOD MORNING EVERYONE. THIS RV IS NOW WORK IN PROGRESS. WE HAVE NEVER BEEN THIS FAR. RATES ARE LOADED AND FULLY LOCKED AWAITING A POSSIBLE RELEASE ANY HOUR. THE TWO LINKS JUST POSTED NOW ARE IN THE FORUM AND WERE POSTED LATE LAST NIGHT.

    WE AWAIT A FINAL UST POSTING TO CONFIRM ANY RATES. THE DONG APPEARS TO BE QUITE STRONG. THERE MAYBE A GAME BEING PLAYED WITH THE IQD RATE WHERE THE EARLY MOUSE “DOES NOT GET THE CHEESE”. THIS MAYBE AN EARLY RI, THEN AFTER A FEW DAYS, MAYBE 3 DAYS, IT WILL BECOME AN ‘RV’. THE FIRST FEW DAYS WILL BE DESIGNED (MAYBE) TO VACUUM IN ‘THE DESPERATE’ SO THE BANKS MAKE MORE MONEY. WE SIMPLY WAIT AND ARE VERY CAUTIOUS BEFORE WE POST ANY FINALITY TO THIS. WE ARE VERY CAUTIOUS WHEN THE RATE COMES. BLESSINGS. OUR MANNA COMES. WE WILL ADVISE YOU AS WE PROGRESS THROUGHOUT THE DAY. COFFEE TIME. THANKS.

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  4. iran and turkey....wtf are they thinking.....1 aircraft carrier could wipe out the entire middle east....these hash smoking idiots will never know what hit em... shock and awe will be replaced with total devastation......dont these countrys realise this is not the 1500's....riding through the dessert on camels is no way to fight a war these days.... :blink:

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  5. i believe the iraqi dinar will rv because that is what Shabibi has stated in his "equal to the us dollar" news articles...ALTHOUGH...these are interpeted by JOURNALIST...we all know how they can MISLEAD (GURUS)......but with that disclaimer.... the imf and wb have stated an increase in the dinar or tradeable currency is hat they want to see....I also beleive with iraqs low debt ratio...the dinar could become a mainstay currence in every countrys cbi as a stable and valuable currency....But I could be totally friggin wrong ........but id like to see it at least hit 50 cent! :D

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