Guru Enorrste ...ANYONE who claims that there will be an RV in the very near future, is crazy

[JMULS31]

Am I blind? Because I don't remember seeing any article on what this guru is talking about.

7-5-2013  Newshound Guru Enorrste   Therefore, wait for an announcement of a change in the "exchange rate regime" from a fixed rate (1166 to 1) to a FREE FLOAT.  That announcement can come at any time and will have to occur soon, in our opinion, since we expect the rate to be $1 by January 1, 2014. 

7-5-2013  Newshound Guru Enorrste   What IS possible is that the CBI will announce a FREE FLOAT, and they can make that announcement at any time. Anyone who talks about an RV (either $1 or $3.44, or more) is clearly WRONG...The CBI should be your first and primary source.  They stated yesterday that the removal of the large notes is postponed indefinitely.  That means NO RV.  If they DID RV, then they would have to remove the large notes, since each note would be worth $25,000 to $80,000!  

7-5-2013  Newshound Guru Enorrste   ...ANYONE who claims that there will be an RV in the very near future, is crazy.  The CBI stated yesterday that the "project to remove the three zeros" is being postponed indefinitely.  This means that they CANNOT RV at $3.44 this week!  Why?  Because they won't have any small notes to use for commercial activity.  The large notes will begin to be removed AT THE EARLIEST on January 1, 2014, at which time Parliament has stated they would release the new currency (small denom notes).   [post 1 of 3....stay tuned

[Thumper]

Anyone who gives themselves the title "Guru" is worthless to me.

[cbs71]

Am I blind? Because I don't remember seeing any article on what this guru is talking about.

7-5-2013  Newshound Guru Enorrste   Therefore, wait for an announcement of a change in the "exchange rate regime" from a fixed rate (1166 to 1) to a FREE FLOAT.  That announcement can come at any time and will have to occur soon, in our opinion, since we expect the rate to be $1 by January 1, 2014. 

7-5-2013  Newshound Guru Enorrste   What IS possible is that the CBI will announce a FREE FLOAT, and they can make that announcement at any time. Anyone who talks about an RV (either $1 or $3.44, or more) is clearly WRONG...The CBI should be your first and primary source.  They stated yesterday that the removal of the large notes is postponed indefinitely.  That means NO RV.  If they DID RV, then they would have to remove the large notes, since each note would be worth $25,000 to $80,000!  

7-5-2013  Newshound Guru Enorrste   ...ANYONE who claims that there will be an RV in the very near future, is crazy.  The CBI stated yesterday that the "project to remove the three zeros" is being postponed indefinitely.  This means that they CANNOT RV at $3.44 this week!  Why?  Because they won't have any small notes to use for commercial activity.  The large notes will begin to be removed AT THE EARLIEST on January 1, 2014, at which time Parliament has stated they would release the new currency (small denom notes).   [post 1 of 3....stay tuned

 

Enorrste....stop it! CBI did not say or put anything out yesterday in that regards.....

 

Take a hike...

[Alex38]

uhhhh... there was an article stating that the removal of the zeros has been postponed.  don't know if that fits in with the rv... per say... but I know there was an article stating that.

[Snickers77]

Gee Ernorste weren't you the  one that teamed up with the other Guru;s ( GET team ) and were calling RV every other weekend it seemed so long ago.  *rolls eyes*   Get a job and stop trying to impose your ridiculous assessments on this RV today or next week or next year.   You dont know any more than the rest of us.

[Bunk]

 Like a cold , slap in the face ...

[Sweet baby dinar]

Well there ya go another nay sayer joins the ranks, guess only the true believers will trust this thing to hit soon. Watch em all give up I don't care. I'm going dong to pop next!

[jomans]

Yeah, I posted the article from CBI about deferring the 3-zero removal in the forum a few days ago....

[itsu not me]

I recall reading the article before saying postponement of new currency or until next year they have said it on more then one occasion. Ok what he is saying is what I've believed and have said before. It will come out at where it is now or real low and float.lots of articles referring to that but I always felt that way. Y would they allow everyone to cash in at a high rate when they can start. At 1166 or a low rate then cash in some people make money on th moneye spreads then let the market dictate the price and keep making money all the way up the latter. Now this is how I see it possibly happening.could it RV higher sure don't know I'm openedminded person to see both sides of the issue. If u stay open to any possible then u probably won't be disappointed either way this goes down. Remember there's no right or wrong just do something jmo but makes a lot of sense. Remember if it sounds to good to be true it probably is

[umbertino]

Anyone who gives themselves the title "Guru" is worthless to me.

Right..... And doesn't change when / if others give him / her that title.

[NWGUY]

Thanks for the post 31!!!

 

I don't think he is entirely wrong.  I believe there will be some sort of a float, after they set the price at, a minimum of a dollar, to get the dollars off the street.  They need to do that at least!  From that point, who really knows. 

 

Things are looking very good right now, so keep in mind, that his opinion, is just another point of view, and everyone has one.  We won't know who is right, until the time comes.  Heck, for all we know "OKIE" could be right! 

 

Stay grounded, as this is not settled yet, and can still go a lot of different directions!

 

Go RV or RI Soon !!!

[hoosier1470]

This person has no idea what he is talking about! Guru usually means we are about to hear someone's uneducated, irrational opinion on the situation!! But this person...well, I'm surprised he knows how to turn a computer on..let alone actually post something!! For one thing...if anyone believes for a second that Iraq will let the public know what they are about to do...then they need to think again!! Its not hard to discern what is taking place over there! Since the lifting of CH 7, we have seen Iraq move with lightening speed on issues that we have watched them fumble over for the past several years. To think that they are doing all of this just to put off increasing their international standing for another year is absolutely absurd. Their desire for investment, world recognition, and ultimately to have the world view them as a strong, sovereign, economic powerhouse superceeds anything else right now!! They will, and are doing everything possible to achieve their financial goals in short order!! Anyone who looks at the big picture, and has been paying attention to what has taken place durning the past week or so should fully expect to see a major change coming quickly!! I believe they have every intension of having a globally recognized, strong currency prior to their Ramadan holiday!! Now, that's my own opinion, but I am fully persuaded...and expectant of this in the coming hours!! God Bless each of you!!

[Hairball51]

Anyone who gives themselves the title "Guru" is worthless to me.

 I'm not so sure all of the titles of "GURU" are by people giving them to themselves. Adam is considered a "GURU" and I'm sure that makes his skin crawl as it does mine.

 

7-5-2013  Newshound Guru Adam Montana   We already have Chpater 7. Once the HCL is finalized, there is only one thing left - PUSH THE BUTTON! Honestly I can't think of anything that would delay it beyond that.

Read more: http://www.another site.com/#ixzz2YC59zYxc

 

 

Look, I'm not so sure that this "Ernorste" isn't right on about this. Let me explain....If there has been one thing that Adam has stressed over and over the last week or so it's that the CBI is in charge here and we're awaiting them and their decision to RV. If Adam is correct on that point and if he's also correct in saying an RV cannot occur without smaller denominations being issued by the CBI, then how do we explain the CBI issued a statement on the 3rd of July saying they are suspending the deletion of the zeroes (see article below)? Wouldn't what "Ernorste" is saying sound kind of logical? Here is the CBI article:

 

CBI: the project raise zeros from the currency is still deferred

03-07-2013 07:34 PM

Karbala (news) said the Central Bank of Iraq, that the project raise zeros from the currency is still postponed until further notice, indicating that the Bank’s gold reserves has not been affected by changes in the global market.

The central bank governor said Abdul Basit Turki told a news conference Wednesday afternoon on the sidelines of his visit to the city of Karbala for the opening of Dar financial control, which was attended by the Agency (news): The project raise zeros from the currency project is delayed due to the conditions experienced by the country, noting :The bank is still studying with experts and specialists how to change the currency but its implementation depends on the situation experienced by Iraq and this deferred offline.

Turki confirmed: that the bank reserves of gold is not affected by changes in the global market due to the financial plan developed by the bank a few months ago to avoid such a disaster, noting that the gold reserves in the Central Bank would be a big supporter of the Iraqi currency at any time, anywhere.

It is noteworthy that some economists believe that Iraq is not ready at the present time to delete the zeros from the Iraqi dinar, pointing out that the deletion needs to security and political stability as well as economic stability.

http://bit.ly/1aK2BoK

[caz1104]

Anyone who gives themselves the title "Guru" is worthless to me.

Anyone that listens to ANYONE (ie guru,pumper,lopster,economist,currency trader,...........etc) without doing their own research, has no reason to complain or b*tch about anything. A clown/cartoon character is exactly that (sorry THUG) - peace 

[bigwave]

When we see the new small notes come out we know we will be close(er.)

[Hairball51]

When we see the new small notes come out we know we will be close(er.)

 

Ok, so if the deletion of the zeroes is tied to the smaller denominations being released (because they want to remove the higher denominations from circulation) and the CBI has said they are suspending the deletion of the zeroes until possibly 2014, I would say this "Ernostre" is on to something. Am I way off here?  

[itsu not me]

U have to understand there is more to this then Iraq. Coming out and saying here's our new rate.there's deals that have to be made w themselves and other countrys and especially banks hence this is y its a global event. this takes a bit of time. Could they been working on all of it for a while. Absolutely and probably have been. Everyone one is positioning themselves ie banks and countries. There's no magic button.

[stealthwarrior]

These so called experts don't know anything about what is going to happen with Iraqs monetary system.We Wait

[UNEEK]

Ok, so if the deletion of the zeroes is tied to the smaller denominations being released (because they want to remove the higher denominations from circulation) and the CBI has said they are suspending the deletion of the zeroes until possibly 2014, I would say this "Ernostre" is on to something. Am I way off here?  

I tend to agree with  you on a couple things Hairball51 -- first of all many of the intel providers - right or wrong do not or have not titled themselves "Guru" - the information above from the particular site  labels the intel providers as such (Guru) - 

 

I do not wish to get into debate with anyone  as I admit I am totally unqualified on economics lol   but I do feel Enorrste has been one to be careful with his thoughts on the investment -

 

Thanks for speaking up and sharing  your thoughts <3  UNEEK    +1

[R Veyron]

Did the pot just call the other Gurus crazy ?

[Jaygo]

This person has no idea what he is talking about! Guru usually means we are about to hear someone's uneducated, irrational opinion on the situation!! But this person...well, I'm surprised he knows how to turn a computer on..let alone actually post something!! For one thing...if anyone believes for a second that Iraq will let the public know what they are about to do...then they need to think again!! Its not hard to discern what is taking place over there! Since the lifting of CH 7, we have seen Iraq move with lightening speed on issues that we have watched them fumble over for the past several years. To think that they are doing all of this just to put off increasing their international standing for another year is absolutely absurd. Their desire for investment, world recognition, and ultimately to have the world view them as a strong, sovereign, economic powerhouse superceeds anything else right now!! They will, and are doing everything possible to achieve their financial goals in short order!! Anyone who looks at the big picture, and has been paying attention to what has taken place durning the past week or so should fully expect to see a major change coming quickly!! I believe they have every intension of having a globally recognized, strong currency prior to their Ramadan holiday!! Now, that's my own opinion, but I am fully persuaded...and expectant of this in the coming hours!! God Bless each of you!!

I like you.

[itsu not me]

Hey Hoosier on was on his CC the other day how he is coming up w what he is saying is from what articles are saying.and no Iraq isn't going to tell u flat out when there going to RV or float but they will and have told u what there intensions might be.again a little open mindness goes a long way

[Hairball51]

Hey Hoosier on was on his CC the other day how he is coming up w what he is saying is from what articles are saying.and no Iraq isn't going to tell u flat out when there going to RV or float but they will and have told u what there intensions might be.again a little open mindness goes a long way

 

 

I totally agree that " Iraq isn't going to tell u flat out when there going to RV or float but they will and have told u what there intensions might be". Having said that, has the CBI just hinted at their intentions by saying they're suspending the deleting of zeroes project indefinitely? If deleting the zeroes is going to be an integral part of issuing smaller denominations, of which Adam says is necessary for an RV, then might we be further off from an RV than we think? I don't wanna beat a dead horse here...I'm just looking for some clarification...  

[Big Newby]

Why would any of us believe what is being put out by the CBI?  Is it not prudent to think that just maybe, there are a "few" people at the CBI that are making/publishing whatever policies are best for them, including putting out dis-information that will discourage rapid investment in dinar because "it's going to be a while before RV."  As dishonest as some may be, I guarantee they get the free market mantra "supply and demand." 

[zigmeister]

It all depends how you read the remove zero's postponed.  Enorrestte believes it is removing the 10000 and 25000 notes and is not a RD.  Therefore from his perspective because his view is the deferred removal of three zero's is dinar there cannot be an RV.  So he and Kap believe it is going to be a float.  

 

However if you are like me the removal of three zero's made you poop your pants because they were talking about an RD.  So I am glad they have decided against it for now.  Still they may be right about a float.  They just might float it.