Med and MM17 Chat

[Poker]

Med says to (16:02:56):

OK I HAVE COMMENTS ON THIS ARTICLE

I KNEW ABOUT IT THIS MORNING

Med says to (16:03:59):

NO GOOD JOB BUSMAN

I AM GLAD THIS IS OUT

OK BBIAB

TALKING TO SONNY

Med says to (16:05:18):

"Fund IMF calls for Iraq to a number of economic measures including the privatization of banks and raise three zeros from the local currency

Med says to (16:06:39):

NP

OK DONE

FIRST OFF

IN READING THIS ARTICLE

IT IS A COMPILATION

OF MULTIPLE ARTICLES

THERE ARE TAKES FROM AT LEAST 5 DIFFERENT THREADS

THAT WE HAVE SEEN IN THE LAST 6 MONTHS

IN THIS ARTICLE

AND WHO IS THIS GUY

HAS ANYONE EVER SEEN HIM SPEAK FOR CBI

BEFORE

IN ALL THE YEARS

Med says to (16:09:15):

ONLY TWO PEOPLE HAVE EVER SPOKEN

FOR CBI

SALEH AND SHABIBI

THAT IS IT

SALEH IS THE OFFICIAL SPOKESMAN FOR CBI

FOR SHABIBI

NOW

HERE IS ONE POINT

IN THIS ARTICLE THEY SAY THEY NEED TO PRINT CURRENCY

WE HAVE AN ARTICLE FROM THE LAST TWO WEEKS

THAT STATES FROM SALEH

THEY HAVE THE CURRENCY ALREADY

DO WE NOT

ANSWER IS

YES

Med says to (16:10:29):

LOL

AND THIS STUFF ON THE EDUCATING

WE HAVE SEEN THIS SINCE NOVEMBER 2010

AND THE IMF STIPS

WE KNEW THIS SINCE 2010

WHEN THEY CAME OUT

THAT THE IMF HAD REQUESTED THAT IN ORDER TO GET MORE PAYMENTS

THEY MUST RAISE THE ZERO'S

TO IMPROVE THEIR STATUS IN THE IMF

NOW IF THEY REMOVE ZERO'S

OK

AND IT IS NOT INCREASING THE VALUE

THEN IT IS DOING WHAT

DEVALUING

WHICH WOULD MEAN

THE DINAR WOULD BE

1170000

PER 1 USD

IT WOULD TAKE A SEMI

TO PAY FOR ANYTHING

NOW THEY ARE USING

A TRICK HERE

LIKE A POLITICAL ANSWER

THE DINAR WILL CHANGE

IT WILL GO FROM 1170

TO 1.17 DINAR TO 1 USD

NOW DOES IT CHANGE PRICES

OR HOW MUCH THINGS COST

WELL NO

WHY

CUZ ALL ITEMS AS IN KUWAIT

WILL BE CHANGED

TO COUNTER THE CHANGE IN THE DINAR

SO IN REALITY

NO IT IS NO DIFFERENT

BUT INTERNATIONALLY

THE DINAR WILL HAVE PURCHASING POWER

SEE THEY NEVER ADDRESS ANYTHING OUTSIDE

OF IRAQ

BUT IN THE LAST WEEK

THEY DID MENTION

THAT INTERNALLY IT WAS NOT AN IMPACT

BUT EXTERNALLY IT WOULD PUT THEM ON A BETTER SITUATION

WITH MAJOR COUNTRIES

IF THIS IS TO CLOSE THE GAP

BETWEEN THE USD AND DINAR

THEN HOW CAN THEY SAY

IT HASN'T CHANGED

THAT IS LUDICROUS

THERE IS ONLY ONE WAY TO CLOSE THE GAP

AND THE USD ISNT COMING TO THEM

THEY ARE COMING TO THE USD

THIS IS WHAT IS NEEDED BY IRAQ

ONE THING IS WE

Med says to (16:17:00):

HAVE BEEN ON TOP OF THIS

FOR YEARS

AND HAVE GOTTEN I MEAN REALLY GOOD AT IT

WE HAVE BEEN ABLE TO FIND ANYTHING

AND EVERYTHING THAT COMES OUT

AND WE ALSO KNOW WHEN SOMEONE IS BS'ING

Med says to (16:17:58):

THEY MAY BE ABLE TO DO THIS WITH AN UNEDUCATED PEOPLE

like this,lol

Med says to (16:18:14):

AND THAT IS NOT BEING MEAN ABOUT THE IRAQI PEOPLE

IT IS JUST A FACT

THEY LACK EDUCATION

AND UNDERSTANDING OF THIS

Med says to (16:19:44):

NOTHING IN THAT ARTICLE IS NEW

NOTHING

IT IS A COMPILATION

Med says to (16:22:06):

OH

THE IMF AND ARAB BANKS

AND CBI

ARE MEETING ON THE 30TH

TO DISCUSS THE DFI

THIS IS ACTUALLY PRETTY BIG NEWS

SINCE THE IMF

mailman17 says to (16:49:56):

GOOD NEWS OVER THE LAST WEEK MADE IT FEEL A WHOLE LOT BETTER

Med says to (16:50:19):

AND IT IS AMAZING HOW LITTLE THEY THINK OF OUR INTELLIGENCE

mailman17 says to (16:50:21):

I AM VERY ENCOURAGED BY WHATS BEING ALLOWED OUT IN STATEMENTS BY DHABS AND THE CBI

Med says to (16:50:24):

HERE IN THE STATES

I MEAN COME ON

mailman17 says to (16:50:33):

YEAH IT IS AINT IT?...LOL

Med says to (16:50:36):

THE GAME IS OVER

mailman17 says to (16:50:43):

SET AND MATCH

Med says to (16:50:46):

THEY BLEW THERE WAD

AND NOW ARE TRYING TO FIX IT

OOPS

DID I SAY THAT

mailman17 says to (16:51:08):

THE MERE FACT THAT THEY ARE TRYING TO COVER IT UP STILL IS AMAZING

Med says to (16:51:10):

SORRY

mailman17 says to (16:51:23):

DID YOU SAY SOMETHING OFFENSIVE?...LOL

Med says to (16:51:24):

DANJ

HAD THE SCOOP

RIGHT AWAY

ON THE DIFFERENCES

ON RAISING THE ZERO'S

mailman17 says to (16:51:43):

YES...

Med says to (16:51:46):

AND DELETING THEM

AND NOMINAL VALUSE

mailman17 says to (16:51:53):

WE KNEW THAT THOUGH...DIDNT WE?

Med says to (16:51:58):

VALUE

OR THEY ARE REWRITING

THE ENTIRE INVESTMENT TERMINOLOGY

AND GIVING NEW MEANING TO EVERY

mailman17 says to (16:52:25):

IN THEIR OWN TERMINOLOGY

CORRECT

Med says to (16:52:31):

ACCEPTABLE TERM

AND

mailman17 says to (16:52:46):

TICK TOCK MY FRIEND, TICK TOCK

Med says to (16:52:47):

THE STUDY

DONE BY THE BABYLON UNIVERSITY

GIVES DETAILED

INFO ON WHAT TO EXPECT

mailman17 says to (16:53:04):

YES IT DOES

Med says to (16:53:13):

AND HOW IT WILL EFFECT THE IRAQI PEOPLE

mailman17 says to (16:53:15):

THEY MUST NOT THINK WE STUDY

DUMBASSES

Med says to (16:53:32):

I MEAN WHEN THEY JUST START TO THINK ABOUT SOMETHING

GUARDIAN HAS IT ALREADY POSTED

LOL

mailman17 says to (16:53:46):

YEP

SAW IT

MED..GOTTA MAKE A QUICK DINNER...BRB

Med says to (16:54:04):

OK

HEY

IF ANYONE TALKS TO ALPHONSE

LET HIM KNOW

IF HE AGREES TO APOLOGIZE

TO GUARDIAN AND DAYSTAR

HE WILL BE PUT BACK ON

THAT IS ALL SHE WANTED

AND THAT IS NOT TOO MUCH TO ASK

I DO NOT WANT TO LOSE ANYONE

THIS CLOSE TO THE END

BECAUSE OF BAD JUDGEMENT

ALPHONSE IS A GOOD PERSON

BUT I WOULD HAVE BANNED MY BROTHER

IF HE DID THAT

OK ANY ?

AT ALL

SORRY AM CATCHING UP ON ALLOT TODAY

AND AM AT LIKE WARP SPEED HERE

SO MUCH GOING ON

AND I NEED LIKE 25 HRS IN A DAY

TO KEEP UP

busman says to (16:59:40):

SO MUCH

Med says to (16:59:42):

AND AN 8 DAY WEEK

givememick says to (17:01:49):

hey med long time listener first time caller, i have a question, any date on when the heads of each party will meet again to discuss erbil and ministries?

Med says to (17:02:11):

NO

AND DONT EXPECT ONE

AFTER WATCHING THEM FOR YEARS

NOTHING

AND I MEAN NOTHING IS EVER WRITTEN IN STONE

ON ANY DATE EVER AGREED TO

WE HAVE SEEN SO MANY TIMES

MEMBERS OF PARTIES

SAY THEY WERE MEETING THE NEXT FEW DAYS

AND THEN IT PASSES

AND NOTHING COMES OF IT

THEY ARE

THE MOST UNRELIABLE PEOPLE

REPRESENTING A GOVT

I HAVE EVER SEEN

cookmarian says to (17:04:10):

?

givememick says to (17:04:16):

ok thanks

Med says to (17:04:17):

YES

YW

WHAT IS UP COOK

cookmarian says to (17:04:41):

Do you think that Shabibi may RV woith out the GOI in place?

Med says to (17:04:50):

COOK

YES I DO

I THINK NOW

THAT IS NOT AN ISSUE

Big says to (17:05:09):

Earlier you started talking about IMF/CBI/Arab banks meeting on the 30th. It looked like you may have had more to say on the topic ..

Med says to (17:05:10):

IT IS MORE IMPORTANT TO GET THE ECONOMY

JUMP STARTED

NO BIG

Big says to (17:05:26):

K

Med says to (17:05:27):

IT WAS JUST SOME FYI

cookmarian says to (17:05:27):

TY and thank God

Med says to (17:05:35):

IT SURPRISED ME

I KNEW THAT FROM THE PAST COMMENTS

BY THE IMF

WHICH WAS LAST OCTOBER 2010

THE IMF HAD BANNED

IRAQ FROM USING THE DFI

TO PROTECT THE DINARS EXCHANGE RATE

THEY COULD ONLY USE

FUNDS THAT WERE FROZEN IN OTHER COUNTRIES

WHICH TOTALLED ABOUT 60 BILLION

NOW WHAT IS HILARIOUS

IN THE NO CHANGE IN EXCHANGE RATE

IF YOU RAISE THE ZERO'S

IS THAT THIS WAS REQUESTED BY THE IMF

AND

WE ALL KNOW ONE THING THAT THE IMF MADE CLEAR

ALONG WITH THE WORLD BANK AND WTO

THAT IRAQ HAD TO CLOSE THE GAP ON THE EXCHANGE RATE

WITH THE USD

NOW EXCUSE ME

BUT CLOSING THE GAP

MEANS ONLY ONE THING

UNLESS IT IS A NEW DEFANITION

THAT I AM UNAWARE OF

THAT IS ACCEPTED GLOBALLY

THEN IT MEANS

THE DINAR

WILL GO FROM

THIS 1170.............................................. .......................1USD

TO THIS

1.17......1USD

OH CRAP

AM I VIOLATING THE DISCLAIMER

I FORGOT TO PUT OUT

I HAVE IT

BUT WILL GET TO IT

OK

ANYMORE?

Big says to (17:11:40):

TY, again

Med says to (17:11:44):

YVW

okie35 says to (17:11:47):

Thanks Med, for the great chat.

Med says to (17:11:48):

TY FOR THE ?

THANKS OKIE

TrainMan says to (17:11:54):

Med why is the Rv so public? In so many articles?

Med says to (17:12:00):

TM

WELL

PUT IT THIS WAY

NASA IS NOT GOING TO MISS ANYONE IN THE IRAQI GOVT

HERE THOUGH ARE A COUPLE REASONS

INVESTMENT

IF IRAQ WAS SUCH A HOT SPOT

TO INVEST

THEN WHY ARENT COUNTRIES AND COMPANIES

EXCEPT FOR 3RD WORLD

OR VERY SMALL BARELY SURVIVING COUNTRIES

AND THIS IS NOT ABOUT OIL

OK

BECAUSE THERE IS NO PROFIT

THE MAJOR INDUSTRIAL NATIONS

DO NOT ACCEPT DINAR

WHICH IS ALL IRAQ HAS

THEY SPEND SO MUCH

JUST ON THE GOVT

IN THE BUDGET

THEY USE UP ALL THE PETROL DOLLARS

OR USD

AND ARE STILL BILLIONS IN THE WHOLE

OR A BUDGET DEFICIET

AND WITHOUT A TRADEABLE CURRENCY

THEN THE INVESTING IS ONE SIDED

BUT WE HAVE SEEN THE TACTICS OF IRAQ

THEY HONESTLY WANT A FREE LUNCH

AND REMOVED FROM ALL PAST RESPONSIBILITIES

YES SADAAM IS GONE

BUT 80% OF THOSE WHO ARE STILL IN IRAQ

WERE RESPONSIBLE FOR WHAT HAPPENED UNDER HIM

AND THE INVASION OF KUWAIT

AND UNLESS BAN KI MOON

IS NOT REELECTED

THEN IRAQ WILL STILL BE UNDER CHAPTER VII

WHICH DOES

EFFECT INVESTMENTS

AND TRADE

MALIKI HAS MADE MISTAKE

AFTER MISTAKE

IN DEALING WITH THE UNSC

AND READING ZEBARI'S

OWN STATEMENTS

ON HOW HE FELT GOING TO THE UN

ASKING TO BE REMOVED FROM CHAPTER VII

KNOWING FULL WELL

IRAQ HAD NOT COMPLIED WITH ANYTHING

HE SAID HE WAS EMBARRASSED

AND WANTED SO MANY TIMES

JUST TO HAVE HIS PLANE TURNED AROUND

AND HE GO B ACK TO IRAQ

THAT LAST PART

WAS A BIT OFF TRACK

BUT I WANTED TO GET THAT IN

ON CHAPTER VII

AND THAT BAN KI MOONS TERM IS UP

BUT HE WANTS TO RUN AGAIN

SO THIS COULD BE A VERY BIG THING FOR IRAQ

DEPENDING ON IF THE NEW PREZ

IS SYMPATHETIC

TOWARDS IRAQ

OR EVEN TOUGHER

ANYMORE ?

NOW REMEMBER

THAT WAS ONLY AN OPINION

BUT MOST BASED ON FACTS

WE HAVE IN OUR FORUMS

Med says to (17:38:12):

SO INVESTMENT IS GUARANTEED

NOTHING ELSE IN IRAQ IS

AND WE KNOW THAT THE IMF

WANTS IRAQ TO STOP USING MULTIPLE CURRENCIES

TO PAY DEBTS

38cabo says to (17:39:01):

agreed

Med says to (17:39:10):

AND IF A TRADEABLE CURRENCY

WAS NOT IMPORTANT

THAN WHY DOES ANYONE HAVE EM

Med says to (17:51:47):

YES

I GIVE IT A THUMBS UP

LOL

OK GANG

ANYTHING ELSE

BEEN A LONG DAY CHATTING

LOL

ALRIGHTY THEN

Poker

[magicchris]

No Disrespect, but why would this be in Iraq & Dinar Related News

[FrankenSLI]

This should be in rumors. Thanks for the info.

[shiFT_yourworld]

Actually it should be in chats. Thanks for the post though.

[Poker]

Lol ok got it , i clicked wrong button. Can we comment on the chat now?

[dogtrainer55]

These guys are my fav.

[Psych]

I think MED and MAILMAN hit the nail on the head in this chat. I have always found their analysis to be conservative, shrewd, and realistic (and crass, but oh well)). The writing appears to be on the wall that something is going to happen soon!

[RVnow4meplease]

I think MED and MAILMAN hit the nail on the head in this chat. I have always found their analysis to be conservative, shrewd, and realistic (and crass, but oh well)). The writing appears to be on the wall that something is going to happen soon!

Not soon emough! I was hoping to be going to the bank by now

[tim5400]

Med is very knowledgable in this (iraqi politics) he brings it to us in a no BS way....he may be a touch arrogant in his style but not many can hold a candle to his expertise on the subject....Just hope hes right...1.17 $.....id take it anyday

[Tom 777]

Actually it should be in chats. Thanks for the post though.

It is in the chat folder.

[bright]

Med is very knowledgable in this (iraqi politics) he brings it to us in a no BS way....he may be a touch arrogant in his style but not many can hold a candle to his expertise on the subject....Just hope hes right...1.17 $.....id take it anyday

a question I have is Medic'd theory on the $1.17 coming from the 1170.....(moving 3??)......and it has been his opinion for long time that the 3 zeroes would come of the .00085 making it .85.......are the 2 the same...I'm confused....

[stlou]

a question I have is Medic'd theory on the $1.17 coming from the 1170.....(moving 3??)......and it has been his opinion for long time that the 3 zeroes would come of the .00085 making it .85.......are the 2 the same...I'm confused....

.85 cents per dinar

1.17 dinar to a dollar...

one and the same

[adlon]

Conclusion: Its still a guessing game.

[Legolas]

Med is very knowledgable in this (iraqi politics) he brings it to us in a no BS way....he may be a touch arrogant in his style but not many can hold a candle to his expertise on the subject....Just hope hes right...1.17 $.....id take it anyday

You're right Tim. Any other faults aside, he has a memory like a steel trap regarding all things Dinar. I haven't seen anyone else with that ability. The rate makes perfect sense. Just have to hope that it involves a straight RV, rather than a re-denomination "followed" by an RV to $1.17. Either way, it would appear that we should know "something" fairly soon. Meanwhile, we wait.

[Bobbydee]

$1,17 would be a great start. Let's just get it done. It can only go up after the rate comes out. Praying for this to happen soon. God Bless everyone and let's pray that Shabibi told the truth about the 7 to 10 days. Semper Fi

[UofIGuy]

No Disrespect, but why would this be in Iraq & Dinar Related News

No disrespect...but does where something is placed REALLY matter?

Edited June 28, 2011 by UofIGuy