Papster Posted February 1, 2012 Report Share Posted February 1, 2012 A J's Intel - Post By A J Anderson OOM Forum 02/01/2012 Subject: AJ's Intel 02-01-12 Wednesday at 10:50 am Hello All, In Aj's intel dated 01-31-12, I predicted that articles will start coming out that will start to gain local confidence in the Iraq Dinar. Today we see one of those articles. http://www.microsofttranslator.com/bv.aspx?from=ar&to=en&a=http%3A%2F%2Fwww.ikhnews.com%2Fnews.php%3Faction%3Dview%26id%3D31776 In my opinion the above article is the beginning of such articles to gain confidence back of the Iraq Dinar in Iraq's local economy. The lower denominations have not been leased yet and will not until the exchange rate is much higher than it is now. The article also states that the US dollar is being released into Iraq's market at the window, this would be the local bank windows and not through the auctions. In my opinion the auction of the USD done by the CBI is over. This tells me that the CBI feels comfortable with the amount of US dollar transactions in the Iraq market and are high enough to RV in the near future. The CBI is still showing 1166. and 1164. Watch for more of these articles in the near future that pump the local confidence in the IQD. When this is done the Iraq People will flock back to their own currency, but not before the RV occurs. At the point of local confidence and high USD transactions, it is my opinion that the CBI will RV and release the lower denominations and not before. The CBI only sold 3,250,000 to 3 banks. In my opinion this tells me the lower denominations are being sold to local banks. This is good news. see the actions below. http://www.cbi.iq/index.php?pid=CurrencyAuctions I believe I may have been wrong in the passed in the value of the USD needed to be at .86. The USD is now at 78.78. The lower the USD the higher the IQD will be at RV. In my opinion that is going to be somewhere between 1.13 and 1.32. After the RV and the USD is being pulled out of the Iraq market place we will start to see the rise in the Dollar again. Thank you Miske for the article. God Bless, AJ 4 1 Link to comment Share on other sites More sharing options...
KiaKaha Posted February 1, 2012 Report Share Posted February 1, 2012 Thanks, Papster! KK Link to comment Share on other sites More sharing options...
wpsmit Posted February 1, 2012 Report Share Posted February 1, 2012 I posted a response to an AJ post about a week ago and got blasted by a couple of DVers. http://dinarvets.com..._1entry828931 Let's hope it doesn't happen. Thanks for sharing AJ's posts, with the folks here, Papster...I read them everyday at OOM. As I stated in my previous post, I'm a big fan and I have him in my top 5 most credible information providers. Link to comment Share on other sites More sharing options...
Papster Posted February 1, 2012 Author Report Share Posted February 1, 2012 I posted a response to an AJ post about a week ago and got blasted by a couple of DVers. http://dinarvets.com..._1entry828931 Let's hope it doesn't happen. Thanks for sharing AJ's posts, with the folks here, Papster...I read them everyday at OOM. As I stated in my previous post, I'm a big fan and I have him in my top 5 most credible information providers. one thing about aj........he is not always tooting the RV horn.........GO DINAR Link to comment Share on other sites More sharing options...
physicsteach Posted February 1, 2012 Report Share Posted February 1, 2012 Me thinks, "Something is rotten in the state of Denmark." 2 1 Link to comment Share on other sites More sharing options...
webup Posted February 1, 2012 Report Share Posted February 1, 2012 Would you take financial advice from a person who struggles to put a sentence together in English? to gain confidence back of the Iraq Dinar in Iraq's local economy. Huh?The lower denominations have not been leased yet and will not until the exchange rate is much higher than it is now. Leased as in a car lease or did you just fail to spell released? The article also states that the US dollar is being released into Iraq's market at the window, this would be the local bank windows and not through the auctions. Well i think youre missing the meaning of window here.... I believe I may have been wrong in the passed in the value of the USD needed to be at .86. or do you mean the past? passed is what you get on the highway AJ. 2 Link to comment Share on other sites More sharing options...
powerpager Posted February 1, 2012 Report Share Posted February 1, 2012 Great Post Pap !!! Link to comment Share on other sites More sharing options...
caz1104 Posted February 1, 2012 Report Share Posted February 1, 2012 (edited) Me thinks, "Something is rotten in the state of Denmark." Stay away from Denmark Edited February 1, 2012 by caz1104 Link to comment Share on other sites More sharing options...
Elixirbaby Posted February 1, 2012 Report Share Posted February 1, 2012 Thanks papster Go RV Link to comment Share on other sites More sharing options...
precious1 Posted February 1, 2012 Report Share Posted February 1, 2012 Thanks Papster! Let's pull this RV train into the station!! Link to comment Share on other sites More sharing options...
MGRMGRMBR Posted February 1, 2012 Report Share Posted February 1, 2012 I posted a response to an AJ post about a week ago and got blasted by a couple of DVers. http://dinarvets.com..._1entry828931 Let's hope it doesn't happen. Thanks for sharing AJ's posts, with the folks here, Papster...I read them everyday at OOM. As I stated in my previous post, I'm a big fan and I have him in my top 5 most credible information providers. I was one that blasted and will continue to blast those who post from OOM site and belive anyone over there is creidible . If this guy is as smart as you think he is, what the heck is he doing mixed up with OOM? While the post makes sense, even through mis-spellings (I too am a terrible speller), He has no credibility based on who he is associated with. You can't assoictae yourseld with someone who is a know pumper and uses terms like "five-by-five" and on "final with faps down" and stating teh RV is "on hold because fo a three letter agency" and think for a moment you will have credibility. Just won't happen here or anywhere esle in the real world. Yes the guy makes sense, yes I REALLY want him to be write, but if my dong worte it it would have more credibility than this guy based on where he post his intel.... No disrespect to you or any of his followers...but JMO. 3 Link to comment Share on other sites More sharing options...
Recommended Posts