Popular Post TQueezy Posted February 2, 2013 Popular Post Report Share Posted February 2, 2013 I just got a call from one of my sources. It's someone high up with direct connections to the CBI. It's a done deal. Friday, banks closed, pushed the rate modification process upload through the server. Once it goes on the forward facing, and once all banks are back to operational hours, people should see the free exchange for IQD. It's a managed float, so you may not see any improvement for awhile. They have enough to back it at it's current rate without it falling too much. Might drop to 1200 / 1, but will soon increase beyond that. No real time frames for a good cash-in rate, but expect a couple weeks. I'd say exchanges at $1.56 / 1 by mid Feb. So happy! Our ride is at the end. Stick with it guys, this is over soon. Woohoo!!! 36 5 Link to comment Share on other sites More sharing options...
BJinMontreal Posted February 2, 2013 Report Share Posted February 2, 2013 Good news - if it's true ... Thanks TQueezy 2 Link to comment Share on other sites More sharing options...
DinarWhiz Posted February 2, 2013 Report Share Posted February 2, 2013 I just got a call from one of my sources. It's someone high up with direct connections to the CBI. It's a done deal. Friday, banks closed, pushed the rate modification process upload through the server. Once it goes on the forward facing, and once all banks are back to operational hours, people should see the free exchange for IQD. It's a managed float, so you may not see any improvement for awhile. They have enough to back it at it's current rate without it falling too much. Might drop to 1200 / 1, but will soon increase beyond that. No real time frames for a good cash-in rate, but expect a couple weeks. I'd say exchanges at $1.56 / 1 by mid Feb. So happy! Our ride is at the end. Stick with it guys, this is over soon. Woohoo!!! Huh???? 5 Link to comment Share on other sites More sharing options...
Markinsa Posted February 2, 2013 Report Share Posted February 2, 2013 I think I need a text msg from Adam as a confirmation. - 18 1 Link to comment Share on other sites More sharing options...
Mack0121 Posted February 2, 2013 Report Share Posted February 2, 2013 TQ...you've never seemed like one to cry wolf, so I'm going to be cautiously optimistic. One question...if the dinar is already undervalued, why would the value drop before it begins to rise? 15 5 Link to comment Share on other sites More sharing options...
TQueezy Posted February 2, 2013 Author Report Share Posted February 2, 2013 I think I need a text msg from Adam as a confirmation. - I'm sure Adam will get a text once he can verify through his sources or himself that the IQD is floating and starting to appreciate in value. 5 1 Link to comment Share on other sites More sharing options...
DinarWhiz Posted February 2, 2013 Report Share Posted February 2, 2013 I'm sure Adam will get a text once he can verify through his sources or himself that the IQD is floating and starting to appreciate in value. Wow no kidding:)!!!!!!! Im ready!!! Thanks TQ 3 Link to comment Share on other sites More sharing options...
easyrider Posted February 2, 2013 Report Share Posted February 2, 2013 (edited) TQ...you've never seemed like one to cry wolf, so I'm going to be cautiously optimistic. One question...if the dinar is already undervalued, why would the value drop before it begins to rise? It will NOT drop any more than it is. It will only go UP. Edited February 2, 2013 by easyrider 6 Link to comment Share on other sites More sharing options...
staunch Posted February 2, 2013 Report Share Posted February 2, 2013 ummmm.........................ehhhhhhh.....................meh........................... 4 Link to comment Share on other sites More sharing options...
Mack0121 Posted February 2, 2013 Report Share Posted February 2, 2013 Why on earth did i get negged for that???? 8 Link to comment Share on other sites More sharing options...
TQueezy Posted February 2, 2013 Author Report Share Posted February 2, 2013 TQ...you've never seemed like one to cry wolf, so I'm going to be cautiously optimistic. One question...if the dinar is already undervalued, why would the value drop before it begins to rise? Float systems, can go either way. In some cases initial trading could lead it down, but I think there's enough demand to cause the price to appreciate rapidly. Didn't mean to neg you, stupid buttons are so close together and my thumbs are too fat too accurately press on this iPhone touchscreen... Sorry. 3 Link to comment Share on other sites More sharing options...
easyrider Posted February 2, 2013 Report Share Posted February 2, 2013 Why on earth did i get negged for that???? have no clue i took one away i understood your question people that say it will drop before it goes up is rediculous. 2 Link to comment Share on other sites More sharing options...
fishing Posted February 2, 2013 Report Share Posted February 2, 2013 "Anything is possible" 3 Link to comment Share on other sites More sharing options...
rsskelton Posted February 2, 2013 Report Share Posted February 2, 2013 Hey TQueezy , I guess your the first to call it. Congrats! ( By the way, speaking of calling.......How about having your "source" give me one? Forgive the snide comment TQ, it was just too easy. I hope your right! RSS 5 Link to comment Share on other sites More sharing options...
TQueezy Posted February 2, 2013 Author Report Share Posted February 2, 2013 Hey TQueezy , I guess your the first to call it. Congrats! ( By the way, speaking of calling.......How about having your "source" give me one? You want my source to Skype you? 2 Link to comment Share on other sites More sharing options...
Mack0121 Posted February 2, 2013 Report Share Posted February 2, 2013 Float systems, can go either way. In some cases initial trading could lead it down, but I think there's enough demand to cause the price to appreciate rapidly. Didn't mean to neg you, stupid buttons are so close together and my thumbs are too fat too accurately press on this iPhone touchscreen... Sorry. Thanks for the clarification...fingers and toes crossed. I'm so ready to get off this ride... 12 Link to comment Share on other sites More sharing options...
wc41 Posted February 2, 2013 Report Share Posted February 2, 2013 Why on earth did i get negged for that???? Not sure but evened you out. I understood what you were saying. 2 Link to comment Share on other sites More sharing options...
easyrider Posted February 2, 2013 Report Share Posted February 2, 2013 (edited) Float systems, can go either way. In some cases initial trading could lead it down, but I think there's enough demand to cause the price to appreciate rapidly. Didn't mean to neg you, stupid buttons are so close together and my thumbs are too fat too accurately press on this iPhone touchscreen... Sorry. If its a managed float i doubt it would drop also i would think Iraq would like to put some true value on their currency and then let it float from there. Now a free float would be different because it would allow the markets to determine where it goes but i highly doubt they are going to go that route imho. Edited February 2, 2013 by easyrider 3 Link to comment Share on other sites More sharing options...
BJinMontreal Posted February 2, 2013 Report Share Posted February 2, 2013 Why on earth did i get negged for that???? NOT sure Mack - it seemed a valid question to me as well. 2 Link to comment Share on other sites More sharing options...
hi-five Posted February 2, 2013 Report Share Posted February 2, 2013 I was taking one last look before turning in for the night- - and - - - WHAT!!!!! We shall see 1 Link to comment Share on other sites More sharing options...
MyLadiesDaddy Posted February 2, 2013 Report Share Posted February 2, 2013 I think I need a text msg from Adam as a confirmation. - You and me both. And by the way the banks were closed on Friday, like always, because it's there holy day. Kinda like our Sunday. 3 Link to comment Share on other sites More sharing options...
rsskelton Posted February 2, 2013 Report Share Posted February 2, 2013 You want my source to Skype you? ;)/> Hey TQ, modified my comment, sorry I was being an arse. 1 Link to comment Share on other sites More sharing options...
DetroittoAZ Posted February 2, 2013 Report Share Posted February 2, 2013 (edited) Edited February 2, 2013 by DetroittoAZ 2 Link to comment Share on other sites More sharing options...
Driver Posted February 2, 2013 Report Share Posted February 2, 2013 I just got a call from one of my sources. It's someone high up with direct connections to the CBI. It's a done deal.... So happy! Our ride is at the end. Stick with it guys, this is over soon. Woohoo!!! How does that phrase go again - oh ya - Jump on out there TQueezy!! Link to comment Share on other sites More sharing options...
TQueezy Posted February 2, 2013 Author Report Share Posted February 2, 2013 I kinda personally don't believe it will drop, but it's entirely possible. I think the CBI could do a push-RV at like 100/1, but is going with a managed float to showcase the Dinar's strength with the country's resource backings, gold, natural gas, oil (obviously), etc. Question for everyone... Is is acceptable they would managed float it, given the sensitive nature of the world's economy and wanting to be cautious? Gotta ask yourself that if you doubt why they would employ this method. 1 Link to comment Share on other sites More sharing options...
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