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LATE NIGHT MED CHAT - Post by Tudor Dinar Speculator 12/20/2011


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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

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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...

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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!!

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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.

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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! smile.gif

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