Papster Posted December 20, 2011 Report Share Posted December 20, 2011 LATE NIGHT MED CHAT - Post by Tudor Dinar Speculator 12/20/2011 Med says to (21:04:34): OK SO NOW WE HAVE TO TRY TO OUT THINK ONE MAN SHABIBI WHAT IS HIS NEXT MOVE OR WHEN WE HAVE INFLATION AT 8.1 HE IS GETTING DANGEROUSLY CLOSE TO HIS REDLINE Med says to (21:07:09): WE ALL KNOW THAT HE HAS STATED AND SALEH THAT THEY DO NOT EXPECT INFLATION TO SLOW DOWN IN LESS THAN 90 DAYS THEY WILL BE AT THE REDLINE IF NOT IN 60 OR LESS THAT AS WE ALSO KNOW HE SAID HE WILL INTERVENE NOW WE HAVE ONE ISSUE THAT IS COMING UP I SAW THIS 2013 DATE IT HAS BEEN EXPLAINED SO MANY DIFFERENT WAYS WHAT IS THE MOST LOGICAL I THINK THE FIRST ONE THE ONE THAT WAS PUT OUT BY SHABIBI SALEH AND THE DEPUTY GOV ALL IN THE SAME WEEK REMEMBER THE END OF MONTH END OF YR STATEMENT AND THAT THEY FELT IT WOULD TAKE TWO YEARS TO IMPLIMENT NOW THAT WORD IMPLIMENT WAS NOT ABOUT TWO YRS TO RV IT WAS ABOUT TWO YEARS TO RECOVER ALL THE OLD DENOMS AND ISSUE THE NEW AND TO GET THE IRAQI STREET TO ACCEPT IT THAT EXPLANATION WAS THE MOST LOGICAL AND BELIEVABLE WHAT ARE YOUR THOUGHTS DS guardian says to (21:13:32): that is the most logical...i agree Dinar$BuyersAunt says to (21:13:56): That is my belief also Med....maybe wishful thinking....but I still think that is how long to get all the old denoms in. Med says to (21:14:10): I DO ALSO stlou says to (21:14:13): mine always has been - 2 years to recover the higher denoms stlou says to (21:14:29): except for us.. Uptheriver says to (21:14:31): I just can't see the them doing all this publicity and not go ahead and do it soon mailman17 says to (21:14:34): I CONCUR OBE WAN Dinar$BuyersAunt says to (21:14:42): true stlou alk4316 says to (21:14:52): Med it was stated that they would sustain a 1-1 rate for this period I ws talking to lou about that article cant seem to find it mailman17 says to (21:15:04): I SAW IT ALK stlou says to (21:15:08): US wants our dinars and quickly..spending bills need additional revenues guardian says to (21:15:17): 1st and always RV Med says to (21:15:20): I DID ALSO ALK AND THEY DID SAY THE NEW EXCHANGE RATE FIRST mailman17 says to (21:16:00): ALTHOUGH I NEVER THOUGHT THEY WOULD HAVE GONE THAT LONG...BUT THE DINAR IS A MIGHT BIGGER THAN THE KUWAIT DINAR alk4316 says to (21:16:08): yes it was very clear Med says to (21:16:10): WHICH WHEN SHABIBI WAS ASKED BY PARLIAMENT WAS IT HARD TO RV OR CHANGE THE RATE SHABIBI TOLD THEM IT WAS VERY EASY stlou says to (21:16:53): does it not make sense to have at least a one to one rate? The government knows how much is out there within our country..and they are counting the tax revenue as we sit here alk4316 says to (21:16:57): it would only take a moment Med says to (21:17:12): YES THAT IS WHAT THEY SAID ALSO mailman17 says to (21:17:17): LOU..THATS BEEN HIS PLAN FROM DAY ONE...PAR VALUE alk4316 says to (21:17:20): I remember that too Med says to (21:17:22): IN A MOMENT AND HE GAVE THE REASON WHY TO NOT CONFUSE AND TO GET THE IRAQI'S TO ACCEPT IT EASIER mailman17 says to (21:18:04): THE INITIAL EXCHANGE OF CURRENCY IS GONNA BE HARD ENOUGH...LET ALONE A RATE INCREASE NOT EQUAL TO WHAT THEY ARE ALREADY USED TO...AND THAT IS THE DOLLAR VALUE mailman17 says to (21:18:32): THEIR ECONOMY RIGHT NOW IS BASED ON THE US DOLLAR stlou says to (21:19:32): just one final push over the finish line mailman17 says to (21:19:33): YES WE ARE LOU' Med says to (21:20:43): GN ALL BEEN A GREAT DAY **************************************************** PART 2 CHAT MED'S CHAT 12/20/11 12:14am ct Med says to (01:14:47): EVEN THOUGH I DONT THINK IT IS A BIG IMPACT I AM REALLY INTERESTED IN WHAT IS GOING TO COME ABOUT WITH HASHEMI AND MUTLAQ AND IF THE PARLIAMENT WILL VOTE NO CONFIDENCE I DONT THINK THEY WILL I THINK IT IS LESS OF A PROBLEM IF MALIKI WERE TO RESIGN THAN IF HASHEMI IS ARRESTED OR MUTLAQ IS BOOTED MALIKI IN THE LONG RUN IS NOT WELL LIKED NOT ANYMORE HE HAS THE support IN THE DAWA BUT THEY ARE ONLY LIKE 20 SEATS I HONESTLY PRAY THAT PARLIAMENT DOES NOT BOOT OUT MUTLAQ NOW HE WAS WRONG I MEAN HE WENT TO AN EXTREME BUT YOU CAN HARDLY BLAME HIM NOTHING WOULD MAKE ME FEEL LIKE GOOD OVERCOMES EVIL THAN TO SEE MALIKI GONE tudor says (01:19:00): me too Med says to (01:20:18): TO SEE AND WATCH WHAT I HAVE SEEN OVER THE LAST SEVERAL YEARS GO ON AND TO FLAGRANTLY FLAUNT IT LIKE IT HAS BEEN IT JUST ****** ME OFF TO THINK HE IS GETTING AWAY WITH IT tudor says (01:23:05): do you think he will ever pay for the things he has done Med says to (01:23:56): NO I DONT tudor says (01:24:31): that's too bad, but God will get him eventualy Med says to (01:24:47): YES tudor says (01:25:09): I am starting to get excited about this ending did I lose you Med? Med says to (01:27:26): I HAD MY EXCITEMENT NO I WAS THINKING tudor says (01:27:32): oh ok lol Med says to (01:27:40): I LET MYSELF HAVE A MOMENT TODAY NOW I AM BACK TO THINKING tudor says (01:27:50): take two, I'm easy lol Med says to (01:27:56): LOL SO MANY STEPS IT SEEMS I HAVE HAD TO CLIMB AND IT SEEMED TO GO ON FOREVER FOR SO MANY YEARS tudor says (01:28:53): it has Med says to (01:28:59): IT IS LIKE A BATTLE tudor says (01:29:06): especially for you and some others Med says to (01:29:17): WHERE YOU ARE TO THE POINT OF TOTAL EXHAUSTION AND CAN I GET ENOUGH IN ME TO FINISH THE LAST STRETCH tudor says (01:30:06): that is not good for your health zeke5000 says to (01:30:09): i don't know how you guys do it. hi med , tudor tudor says (01:30:17): hi zeke Med says to (01:30:20): HI ZEKE THIS ONE....THIS LAST STEP RIGHT NOW AT THIS MOMENT.....I DONT HAVE A CLUE YET ON IT I NEED SOME KIND OF HINT OR SOME KIND OF A BONE THROWN tudor says (01:31:16): You have pulled great sacrifices in your life to help us all understand zeke5000 says to (01:31:31): yes you hace Med says to (01:31:35): SO I CAN START TO ZONE IN ON WHAT DIRECTION WE ARE GOING zeke5000 says to (01:31:37): have Med says to (01:31:51): NO GANG I AM NOT ASKING FOR ANY PRAISE tudor says (01:31:52): we should get something, I hope from Shabibi this next week maybe Med says to (01:31:57): I AM GEARING MYSELF UP tudor says (01:32:09): just a fact Med Med says to (01:32:15): KINDA LIKE BOUNCING THINGS OUT THERE THIS LAST STEP I DIDNT EVEN LOOK TOO AT ALL UNTIL I SAID THE PARLIAMENT PART WAS OVER WITH I KINDA OVER DID IT ON THE CELEBRATING OF IT BEING DONE OR OUT OF PARLIAMENTS HANDS tudor says (01:33:30): but it seems it is zeke5000 says to (01:33:40): this 2013 thing is total bs, no country in the world is going to annouce that they will rv in one year Med says to (01:33:45): I AGREE REMEMBER THE END OF MONTH END OF YEAR tudor says (01:34:16): I remember! zeke5000 says to (01:34:25): me too Med says to (01:34:32): WHY IF HE HAD ANOTHER 13 TO 24 MONTHS tudor says (01:34:31): wasn't in June we got that hint Med says to (01:34:50): WOULD HE BE SPENDING ALL WEEK IN PARLIAMENT EXPLAINING I THINK IT WAS ACTUALLY JULY BECAUSE zeke5000 says to (01:35:14): no he wouldn't Med says to (01:35:25): REMEMBER THEY DIDNT MAKE A DECISION TILL I THINK JUN 22 zeke5000 says to (01:36:18): I believe that is correct tudor says (01:36:23): I think you are right, my mind doesn't work that good lol Med says to (01:36:34): NOW WE ARE LIKE ON A CHESS BOARD MOST OF THE PAWNS HAVE BEEN SACRIFICED THE BISHOPS ARE GONE THE KNIGHTS THERE IS CHECK zeke5000 says to (01:37:48): when in doubt take a pon lol Med says to (01:37:53): LOL ALL WE NEED IS ONE RIGHT MOVE AND MATE I NEED A SMOKE OK I AM NOT GOING FAR I AM COMING BACK zeke5000 says to (01:38:38): enjoy 2 Link to comment Share on other sites More sharing options...
teedoffed Posted December 20, 2011 Report Share Posted December 20, 2011 tudor says (01:31:52): we should get something, I hope from Shabibi this next week maybe I totally, kinda, almost agree with some or all of this .... Ed 1 Link to comment Share on other sites More sharing options...
truthful1 Posted December 20, 2011 Report Share Posted December 20, 2011 Its all wishful thinking. the way i recall parliaments meeting, was shabibbi wanted to move now, but parliament decided now is not the right time....hold off until 2013. Is any of it true.....i dont know and i dont think anyone else knows either. anyways the political situation will ultimately decide our fate as dinar holders. theres not much hope in a currency without a government to back. heres to hoping for a rv... Link to comment Share on other sites More sharing options...
joseroque Posted December 20, 2011 Report Share Posted December 20, 2011 Truthful1, Shabibi still has the authority to RV at anytime. What he and the parliament agreed to do was to introduce the new denominations over a two year period. Could this affect the RV? Possibly, but it is still in Shabibi's hands and he can do when he sees fit, inflation being the key figure!! 1 Link to comment Share on other sites More sharing options...
truthful1 Posted December 20, 2011 Report Share Posted December 20, 2011 Truthful1, Shabibi still has the authority to RV at anytime. What he and the parliament agreed to do was to introduce the new denominations over a two year period. Could this affect the RV? Possibly, but it is still in Shabibi's hands and he can do when he sees fit, inflation being the key figure!! Very true my friend, but why would shabibi rv when the government could collapse. in fact if there is a political fallout occurs where more likely to see a devaluation. im hoping for the best, but things are getting ugly. 1 Link to comment Share on other sites More sharing options...
AoK Posted December 20, 2011 Report Share Posted December 20, 2011 Thanks for the post Papster! I like when people toss things around like this, it helps me, at least, to get a better picture of what's going on...with that said, I get a sense that despite all the seemingly negative news coming out of Iraq, in the wake of U.S. military withdrawal, I can't help but think, contrary to the dominant "sky is falling" perspective/interpretation of that news, much of what we read and hear, though not necessarily "smoke" or fabricated - though I wouldn't put that past them - is a result of what makes the news. I just really find it hard to believe that the U.S. and the "powers that be" wouldn't have the foresight to know and envision what would happen in the wake of our departure and would knowingly allow Iraq to regress and degenerate into a civil war rendering our investment in blood and treasure all for naught. Just mho, but time will tell... GO RV! Merry Christmas! 1 Link to comment Share on other sites More sharing options...
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