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RV IS CLOSER THAN WE THINK


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Presumably and logically the cash-in “window” would be used to draw in all notes of 1,000 dinar or larger. My assumption is that these would eventually be destroyed and then the IQD would have notes similar to the US dollar (1, 5, 20, 50, and 100) plus coinage as we do. All of this has already been planned for and I have read that the bills have been produced.

. The final key to our analysis is to attempt to put a narrower time frame on the RV. This begins with XXXXXXXXX as the farthest out possible date. The reasoning is as follows:

The IMF has announced that it is lending 7 trillion dinar to Iraq to support its budget. First payment on that loan is due on March 17. This number seems enormous on the surface and would lead us to believe that

Given the fact that the Iraqi budget, based on $60 per barrel oil, is going to be less than $100 billion, then the loan represents somewhere between 2.5% and 7% of the budget, which is reasonable. However,

It is ONLY reasonable if the IQD is revalued. And in order to pay its first payment the RV would have to occur BEFORE the first payment is due. This is all consistent with Maliki’s statement in his letter to the UN.

I have read that the IMF has rules that insist that Iraq be prepared to make its payments from 30 to 45 days PRIOR to the payment date, and that it much show proof to the IMF. This needs to be verified by our group but is reasonable. In any case, however, the IMF clearly would NOT have announced the loan unless it KNEW that Iraq would be able to pay it back. This is a secondary confirmation that an RV is close

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i don't get what you are saying. March 17 has come and gone as well as any 30/45 payment slot soooooooooo, how are you spinning this into a "closer date"?

March 17th was St Patty's Day. Strangely I don't remember much. :huh:

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I do know they (Iraq) received $471 mi about three months ago. As far as anything else...I for me I need to see that the GOI is fully seated, Kuwaiti file is finished, and they have moved out of Chapter 7 first and foremost and among a few other things that they are working on. IMHO to give in other reason for an RV is just an IMO, which everyone is entitled to. However; this at tile have been a very HIGH ride. I am now trying to keep a more balanced approach concerning the RV.So, for me any "Rumor" that doesn't include one or more of the fore mentioned items is REALLY just that; " IMHO is a flat out rumor"! Seat the DAMN GOI!!!!! GO RV

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Presumably and logically the cash-in “window” would be used to draw in all notes of 1,000 dinar or larger. My assumption is that these would eventually be destroyed and then the IQD would have notes similar to the US dollar (1, 5, 20, 50, and 100) plus coinage as we do. All of this has already been planned for and I have read that the bills have been produced.

. The final key to our analysis is to attempt to put a narrower time frame on the RV. This begins with XXXXXXXXX as the farthest out possible date. The reasoning is as follows:

The IMF has announced that it is lending 7 trillion dinar to Iraq to support its budget. First payment on that loan is due on March 17. This number seems enormous on the surface and would lead us to believe that

Given the fact that the Iraqi budget, based on $60 per barrel oil, is going to be less than $100 billion, then the loan represents somewhere between 2.5% and 7% of the budget, which is reasonable. However,

It is ONLY reasonable if the IQD is revalued. And in order to pay its first payment the RV would have to occur BEFORE the first payment is due. This is all consistent with Maliki’s statement in his letter to the UN.

I have read that the IMF has rules that insist that Iraq be prepared to make its payments from 30 to 45 days PRIOR to the payment date, and that it much show proof to the IMF. This needs to be verified by our group but is reasonable. In any case, however, the IMF clearly would NOT have announced the loan unless it KNEW that Iraq would be able to pay it back. This is a secondary confirmation that an RV is close

The Question is:

HOW CLOSE ? :unsure:

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LOL i for one just sit back and wait, thats all we can do wait and hope. I read a news article the other day stating that they have post poned the restructuring of the Banking system till 2013. So in my book its anybodys juess as to when it will happen. They are doing a lot of positive things over there but what we whant them to do. Lots of spending and lots of contract signing but no RV talk in sight anymore. We all no they have to sooner or later but sooner dont look to promising to me. :unsure:

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Presumably and logically the cash-in “window” would be used to draw in all notes of 1,000 dinar or larger. My assumption is that these would eventually be destroyed and then the IQD would have notes similar to the US dollar (1, 5, 20, 50, and 100) plus coinage as we do. All of this has already been planned for and I have read that the bills have been produced.

. The final key to our analysis is to attempt to put a narrower time frame on the RV. This begins with XXXXXXXXX as the farthest out possible date. The reasoning is as follows:

The IMF has announced that it is lending 7 trillion dinar to Iraq to support its budget. First payment on that loan is due on March 17. This number seems enormous on the surface and would lead us to believe that

Given the fact that the Iraqi budget, based on $60 per barrel oil, is going to be less than $100 billion, then the loan represents somewhere between 2.5% and 7% of the budget, which is reasonable. However,

It is ONLY reasonable if the IQD is revalued. And in order to pay its first payment the RV would have to occur BEFORE the first payment is due. This is all consistent with Maliki’s statement in his letter to the UN.

I have read that the IMF has rules that insist that Iraq be prepared to make its payments from 30 to 45 days PRIOR to the payment date, and that it much show proof to the IMF. This needs to be verified by our group but is reasonable. In any case, however, the IMF clearly would NOT have announced the loan unless it KNEW that Iraq would be able to pay it back. This is a secondary confirmation that an RV is close

Thanks for the info but think that I have seen this post before at http://www.iraqdinares.com/showthread.php?t=22660. The predicted RV date was for February 7, 2011

Edited by thylocene
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The IMF has announced that it is lending 7 trillion dinar to Iraq to support its budget. First payment on that loan is due on March 17. This number seems enormous on the surface and would lead us to believe that

The IMF has 7 Trillion of Iraq's Dinar to "lend" back to them? blink.gif

-

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Presumably and logically the cash-in “window” would be used to draw in all notes of 1,000 dinar or larger. My assumption is that these would eventually be destroyed and then the IQD would have notes similar to the US dollar (1, 5, 20, 50, and 100) plus coinage as we do. All of this has already been planned for and I have read that the bills have been produced.

. The final key to our analysis is to attempt to put a narrower time frame on the RV. This begins with XXXXXXXXX as the farthest out possible date. The reasoning is as follows:

The IMF has announced that it is lending 7 trillion dinar to Iraq to support its budget. First payment on that loan is due on March 17. This number seems enormous on the surface and would lead us to believe that

Given the fact that the Iraqi budget, based on $60 per barrel oil, is going to be less than $100 billion, then the loan represents somewhere between 2.5% and 7% of the budget, which is reasonable. However,

It is ONLY reasonable if the IQD is revalued. And in order to pay its first payment the RV would have to occur BEFORE the first payment is due. This is all consistent with Maliki’s statement in his letter to the UN.

I have read that the IMF has rules that insist that Iraq be prepared to make its payments from 30 to 45 days PRIOR to the payment date, and that it much show proof to the IMF. This needs to be verified by our group but is reasonable. In any case, however, the IMF clearly would NOT have announced the loan unless it KNEW that Iraq would be able to pay it back. This is a secondary confirmation that an RV is close

This is the most logical explaination that I have read on the RV it make perfect sense business wise. The only question what are the payment due dates for Iraq

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This looks to be a recycled post from somewhere. For one thing March 17th (if we are to assume closest 3/17 date would be 2011) was several months ago. And WHY is the "by when" date XXXXXXXX out? Fishy. Is someone grillin up some trout in here???

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