VIPER51 RV UPDATE

[viper51]

Ok we all know that the 2011 BUDGET has been pushed to the TOP OF THE IRAQI TO DO LIST. There are meetings still going on daily with no SOLID info on whats happening with any RV. However Arinai banks at the Rasheed Bank in Western Baghdad which is a Gov owned bank. He spoke to a person he knows there who flat told him if THE DINAR IS TO BE REVALUED IT WILL BE THE BASE OF FIGURES FOR THE 2011 BUDGET. So even though this is just information I'm beginning to think the RV may be released with the 2011 budget which is a priority of the GOI right now. This happening this way is a big possibility IMO. I will pass on any further info I get. Hang it there

[Rossermed]

Thanks Viper51....

[Duane N]

Thanks Viper.. That is what I like to hear

[jfv]

thanks Viper for the update...

janine

[Jan]

Thank you Viper. Keep the good news coming.

[A. Zuccaro]

Thanks for the post Viper! Stay safe! Ann

[Drez]

Great news, thanks for the update

[dlbfilm]

Thanks Viper, we are hearing this from more than one source so there may be some truth to it.... the plot thickens....

[nemy09]

Thanks for the info

[JugDawg1]

Hawdy stranger. Good to hear from ya.

[nordy27]

Thanks Viper!

[legacyman73]

Thanks Viper!!! you the man...

[YeshuasDinar]

When is the 2011 Budget supposed to be released? Does anyone know or is this another secret type thing?

[mikea]

I just don't like the use of the words, "If the dinar revalues".............

[urbanfarmer]

Many thanks Viper!! Good to have you with us!

[sessi]

You are a superstar Viper. Take care.

[Randy Lucas]

Ok we all know that the 2011 BUDGET has been pushed to the TOP OF THE IRAQI TO DO LIST. There are meetings still going on daily with no SOLID info on whats happening with any RV. However Arinai banks at the Rasheed Bank in Western Baghdad which is a Gov owned bank. He spoke to a person he knows there who flat told him if THE DINAR IS TO BE REVALUED IT WILL BE THE BASE OF FIGURES FOR THE 2011 BUDGET. So even though this is just information I'm beginning to think the RV may be released with the 2011 budget which is a priority of the GOI right now. This happening this way is a big possibility IMO. I will pass on any further info I get. Hang it there

Did he mean the BASE of the Figures like below $1.00 or did he mean the base of the Budget like the 1st thing to be accomplished?

[thompson25]

Thanks for the info.

Question: If the 2011 budget is passed and there is no word of an RV, does that mean no RV in the near future, if at all?

p.s- yes there are such things as stupid questions and I apologize if I just asked one......still new to the game.

[SoldierOfIndependence]

When is the 2011 Budget supposed to be released? Does anyone know or is this another secret type thing?

From what I remember, the iraqi 2011 budget started 4th quarter 2010. I guess we can expect it to be released/ratified ASAP....

[4HisGlory]

thanks viper for the news.. Go RV!!!!!!!

[Iwantcheesecake]

Thank you for the post!

[viper51]

Did he mean the BASE of the Figures like below $1.00 or did he mean the base of the Budget like the 1st thing to be accomplished?

I would think that it means the budget would be based on the new RV rate of the dinar to develope the budget from start to finish as I dont believe you could figure the budget with two different dinar values.

When is the 2011 Budget supposed to be released? Does anyone know or is this another secret type thing?

No one really knows as of this point in time but it has to be soon.

[Legolas]

If the RV is real, is has to be in the 2011 Budget. We'll know as soon as it's passed, and they have to do this SOON. Their new fiscal year started at the end of October. Thanks Viper.

Edited November 16, 2010 by Legolas

[jlopus]

Ok we all know that the 2011 BUDGET has been pushed to the TOP OF THE IRAQI TO DO LIST. There are meetings still going on daily with no SOLID info on whats happening with any RV. However Arinai banks at the Rasheed Bank in Western Baghdad which is a Gov owned bank. He spoke to a person he knows there who flat told him if THE DINAR IS TO BE REVALUED IT WILL BE THE BASE OF FIGURES FOR THE 2011 BUDGET. So even though this is just information I'm beginning to think the RV may be released with the 2011 budget which is a priority of the GOI right now. This happening this way is a big possibility IMO. I will pass on any further info I get. Hang it there

Wow, if they do that, then the cat's out of the bag for the whole world to see!

Otherwise, it will be based off the USD to avoid the confusion they had with last year's budget?

So now the big question is: When will the 2011 BUDGET be released???

(let me guess, "soon")

[dinariac]

Thanks for the info.

Question: If the 2011 budget is passed and there is no word of an RV, does that mean no RV in the near future, if at all?

p.s- yes there are such things as stupid questions and I apologize if I just asked one......still new to the game.

No such thing as a dumb question, except for the one that isn't asked. According to what I see in Viper's post, the 2011 budget will be based on the revalued dinar. So, IMO, once the budget is approved, we should all know the rate Remember, just my humble opinion. What I do know is that it is now

RRRRVVVVVVVVV T T T T T T T T I I I I I I I I M M M M M M M M M E E E E E E E E E

Thanks for the post Viper