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TXtrader Posts: G.E.T. 5/8/11


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TXtrader Posts: G.E.T. 5/8/11

May 8th, 2011 09:53 pm ·

Six reasons why we will see the RV anytime

« on: Today at 11:26:15 PM »Quote OK I am going to xplain why its still good, Follow Shabibi and the CBI not Malarki and his flunkys.

Facts are:

1. The lower denoms are almost all gone for purchase in the U.S. and the price is now as high as $9k per million, hence some IQD supply is getting low.

2. Shabibi said the DFI expires end of May ( some say end of June but that’s not what he said ).

3. Selah said they have started the process of raising the 3 zeros and sent the new rate/law to Parliament for a vote.

He also said it will make items cheaper for Iraq to purchase from other countries so no doubt this is a better rate.

4. Shabibi said he does not need the GOI to be complete for an RV since this is up to Parliament to vote on and

it appears this is correct since the new RV law is now with Parliament as the last step

But with that said IMO Shabibi is holding this unfinished minister seat over Malikis head to get back at him, playing politics with the RV

5. Dinar trade will no longer sell IQD by about May 15th, they are the largest dealer of IQD and from what I was told sell about 3/4 or more of all IQD in the U.S.

Once this happens it wont take long for the other dealers to get low on IQD and IMO they will not be able to meet demand, hence the supply will dry up soon

6. Expect the CBI auction amounts to go low again soon and they may fluctuate up and down until the RV day, dont expect them to go back high and stay high until after the RV, this is just part of the process dont get discouraged.

We are still close to RV, Dont be fooled by the high CBI auction

« on: Today at 05:09:40 PM »Quote These Iraq guys Love to drag things out to the last minute, this is what I meant last week by a bumpy ride until possibly the end of May.

The last week trend of low auctions was not market driven, it was the CBI taking action to make major changes.

They have a serious cash flow problem now due to this. If you look at previous CBI breaks of 3 days or more in past years they always came back with super

high auctions within a day or two to make up for it. That did not happen this time. This $88Million auction today just means we will not see the RV for a few

more days or possibly a few weeks but we are still very close to an RV. The big meeting tomorrow with the elections commission is likely to announce Miliki is out

and they have a new election ( lets only hope ). Or it could be a smoke screen by saying elections commission meeting then the leaders announce at this press conference that Ch7 has been lifted by the U.N.

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TXtrader Posts: G.E.T. 5/8/11

May 8th, 2011 09:53 pm ·

Six reasons why we will see the RV anytime

« on: Today at 11:26:15 PM »Quote OK I am going to xplain why its still good, Follow Shabibi and the CBI not Malarki and his flunkys.

Facts are:

1. The lower denoms are almost all gone for purchase in the U.S. and the price is now as high as $9k per million, hence some IQD supply is getting low.

Adam already dispelled this lower denom nonsense earlier this week on the CC. Currency is Currency - Period ( Nuff Said ).

Since the writer listed this as Number 1, then hopefully this wasn't his strongest point ! <_<

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now now ladies and gentle men , all of their intel might not be good but you have to admit some of it =falls into play when you look at what the other sites are saying and compare but maybe they add some or change some but its always good to read..... go RV.... :D:P:D

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