Popular Post Papster Posted January 9, 2012 Popular Post Report Share Posted January 9, 2012 Randy Koonce 1-09-2012 01/09/2012 Don't you get tired of the people saying it is going to RV at 8 bucks every weekend and that the bank screens are blinking.. Look we are looking for the ministers to show, I know I have said them many times but I will keep letting you know what to look for....Because of the Last Update and the pressure that Iraq is under getting to pay people..... I will insert the link "Exxon Spars With Iraq Over Lack of Payment" http://www.nytimes.com/2011/12/23/business/energy-environment/exxon-mobil-and-iraq-clash-over-payment.html?_r=2&pagewanted=2 This shows the pressure that is coming down on them. Also one of the other Articles that stands out is that Maliki and Allawi are working together.... I know you think that is a Joke, but i will insert another link "MALIKI and ALLAWI are moving to gain the trust of the Kurds and the agravation" http://translate.google.com/translate?hl=en&rurl=translate.google.com&sl=ar&tl=en&u=http://almowatennews.com/news.php%3Faction%3Dview%26id%3D33037 Why is this article so important, well Maliki and Allawi hate each other and I want you to be aware that Allawi has the Kurds on his side anyway... so this must mean Maliki is the one that has been told togive in. That is a fantastic sign for us.. These two articles are for the people who think that Iraq can just live off the Oil is wrong and also that Iraqs GOI is coming together and they are getting ready to show the ministers. Do not follow the Bank Rumors, even tho they all sound great and exciting It just has no bearing on what we are looking For... First BREATHE Second Watch for Ministers to show... One of the ways I look at the week I believe there are better times than others to show this thing... so my way of thinking is at the end of Business Day In Iraq on Thursday or the Start of Business in Iraq on Sunday.... because it makes the most sense...... So Monday Tues is out of the question this week so I look to the latter part of the week and the Sunday morning for us..... I know you are tired of waiting I am too..but keep the faith this is on the last legs of the journey.... try and not follow the hype and it will go lots easier.... My Rate has always been 3.41, because it makes the budget work, and i wish i could give a date but that is in Gods hands and the Iraqis. I will say that this month is shaping up very good and the next 2 weeks do hold lots of promise. 1 more thing do not worry about all the new forms that are popping up most of them have nothing to do with you and if they do, do not worry you are holding a currency not a bomb... Randy PS if you do not like what is said in the letter you do not have write me. LOL People have told me many times that when i say it is not RVing on a certain day that I do not know what I am talking about. Well so far I am the one smiling........ "sorry for that remark could not help it, the mean side of me." 27 Link to comment Share on other sites More sharing options...
djgabrielie Posted January 9, 2012 Report Share Posted January 9, 2012 Your getting too quick Papster.... I was just bringing this over. Thanks for the post. 1 Link to comment Share on other sites More sharing options...
amhvl Posted January 9, 2012 Report Share Posted January 9, 2012 I was hooked until the $3.41 rate was mentioned. Man...do I hope to eat crow on that one! Go RV! 6 Link to comment Share on other sites More sharing options...
Theflyingbird Posted January 9, 2012 Report Share Posted January 9, 2012 Thanks for the post Papster. I always appreciate the info you provide on this site. 1 Link to comment Share on other sites More sharing options...
speculatorsRIDE Posted January 9, 2012 Report Share Posted January 9, 2012 I was hooked until the $3.41 rate was mentioned. Man...do I hope to eat crow on that one! Go RV! What? $3.41 is to low of a number for you? 2 Link to comment Share on other sites More sharing options...
amhvl Posted January 9, 2012 Report Share Posted January 9, 2012 What? $3.41 is to low of a number for you? I'll be doing back flips at anything over 80 cents. I think the max will be $1.30. Again...an RV at $3.41 will be some tasty crow. 1 Link to comment Share on other sites More sharing options...
NWGUY Posted January 9, 2012 Report Share Posted January 9, 2012 Thank you for the post Paps.... I am not sure about this one though, especially when I am hearing much higher numbers from Bulldog, and Johhnywg, but would be okay at the $3.41. Too old for back flips, and not sure even at $3.41 would make up for all this brain damage, but take what we can get, and sue Iraq later for mental abuse!!! Go RV!!! 2 Link to comment Share on other sites More sharing options...
umbertino Posted January 9, 2012 Report Share Posted January 9, 2012 I'll be doing back flips at anything over 80 cents. I think the max will be $1.30. Again...an RV at $3.41 will be some tasty crow. I will do unmentionable things ( and I am Catholic, mind you...) at anything above 10 cents. 5 Link to comment Share on other sites More sharing options...
amhvl Posted January 9, 2012 Report Share Posted January 9, 2012 I will do unmentionable things ( and I am Catholic, mind you...) at anything above 10 cents. There is always confession.... 4 Link to comment Share on other sites More sharing options...
umbertino Posted January 9, 2012 Report Share Posted January 9, 2012 There is always confession.... lol... yep... are you catholic yourself? smile. 1 Link to comment Share on other sites More sharing options...
amhvl Posted January 10, 2012 Report Share Posted January 10, 2012 lol... yep... are you catholic yourself? smile. I have never been much on affiliations, It is suffice to say I am a follower of Christ Jesus. 1 Link to comment Share on other sites More sharing options...
nick.powell52 Posted January 10, 2012 Report Share Posted January 10, 2012 (edited) I'm just not understanding why with the choice, Iraq would choose such a low RV of their currency at anything less than Saudis dinar value, and Kuwait. In my opinion why Kuwait has such a problem releasing coming to terms with Iraq is because they know exactly whats going to happen, the same thing that happened to them 20 years or so ago. Now Iraq is gonna be Americas Best friend and not Kuwait anymore because Iraq can become more of a world power than any other middle eastern country. And better yet they have Americas Muscle right behind them. id be pissed to if a country that's been laughed at for years is now respected more than my own country, Edited January 10, 2012 by nick.powell52 1 Link to comment Share on other sites More sharing options...
Halo9678 Posted January 10, 2012 Report Share Posted January 10, 2012 1:1 or 3.41... JUST DO IT!!! 2 Link to comment Share on other sites More sharing options...
Danan Posted January 10, 2012 Report Share Posted January 10, 2012 I would be happy to see a 1:1, but 3.41 I would be estactic. Thanks for the post, we surely need a mind of reason every now and then. 1 Link to comment Share on other sites More sharing options...
DAME1 Posted January 10, 2012 Report Share Posted January 10, 2012 I will do unmentionable things ( and I am Catholic, mind you...) at anything above 10 cents. I had to sign in for this one Umbertino!! Can I watch!!! 3 Link to comment Share on other sites More sharing options...
umbertino Posted January 10, 2012 Report Share Posted January 10, 2012 I have never been much on affiliations, It is suffice to say I am a follower of Christ Jesus. I was 5 days old when I got baptized. Not much of an aware choice there... Smile. 1 Link to comment Share on other sites More sharing options...
umbertino Posted January 10, 2012 Report Share Posted January 10, 2012 I had to sign in for this one Umbertino!! Can I watch!!! LOL......Certainly my Friend. 1 Link to comment Share on other sites More sharing options...
amhvl Posted January 10, 2012 Report Share Posted January 10, 2012 I was 5 days old when I got baptized. Not much of an aware choice there... Smile. [/quote Me too, and again when I was 13. Got a lot more out of the 13. 3 Link to comment Share on other sites More sharing options...
W8N4RV Posted January 10, 2012 Report Share Posted January 10, 2012 It's articles such as this one which keep lots of people well off balance and uninformed. There's good information here along with the links but, he's way off base in terms of the rate he mentions. I have half a dozen articles saved confirming dollar parity (1:1) as a baseline for this project. Saleh even said, "One dollar per dinar for Jassim..." a long time ago. Then, there's the study conducted by the university a few years ago when this was first introduced which confirmed $1.1734 as being a very stable exchange rate for the future dinar. Scooter put all the numbers together, looked at Iraq's M2, and all the money "shrinked" from the local market and came up with approximately $1.42 (+or-) as an initial rate. Iraq will not hit the market with a $3.00 rate as their economy isn't as stable or developed as it needs to be. However, they absolutely do possess the resources to click off a $5.00 plus rate but, it would kill the economy, and fast, at such a rate just as the silly $.10 rate that Adam Montana suggested a while back would also. They want to get rid of the dollar, PERIOD, and be able to function in the WTO and $.10 would not accomplish this. Even more so, the local citizens would definitely not even remotely be motivated to use the new dinar if our dollar, the "foreign currency", is still more powerful at the $.10 rate mentioned by Adam. How he completely looked over all these issues which Shabibi and Saleh have metioned as being primary...I just don't know. So, as you can see, we're looking at an initial rate of around $1.17 to maybe, just maybe $1.40 which is perfectly fine by me. Anyone suggesting a rate higher than this should really go back about a year and study all the articles very closely and, then, crunch the current numbers provided already. I hope this helps to keep people grounded who are constantly relying on far fetched guru intel. Most of those guys, if you showed them a huge hole in the wall then told them to look in the mirror...they wouldn't see any difference. 3 1 Link to comment Share on other sites More sharing options...
Shick Posted January 10, 2012 Report Share Posted January 10, 2012 THANKS PAPSTER, MAY THE DAY BREAK FOR YOU AS THE SHADOWS FLEE AWAY, AS THE DESERT OF YOUR MIND REJOICE AND BLOSSOM AS THE ROSE. Link to comment Share on other sites More sharing options...
KNTIME Posted January 10, 2012 Report Share Posted January 10, 2012 Thanks,Papster, for the post!! Very interesting. Like your thoughts on what days to look for the RV!! Link to comment Share on other sites More sharing options...
goblue522 Posted January 10, 2012 Report Share Posted January 10, 2012 At $3.41, I'll be able to afford to pay someone else to eat my crow...sure would be nice and far better than the .10 that I am expecting (and very happy with) Link to comment Share on other sites More sharing options...
Drew Brew Posted January 10, 2012 Report Share Posted January 10, 2012 Great Post, I dont care what the rate is just as long as were moving forward and not backward! Link to comment Share on other sites More sharing options...
td13 Posted January 10, 2012 Report Share Posted January 10, 2012 Randy you said this could not go past last June into July ! Link to comment Share on other sites More sharing options...
Hawaii 50 Posted January 10, 2012 Report Share Posted January 10, 2012 I have always supported a rate of $1.67 but a $1 to $1 would be fine. I know that Iraq has to cut over a $1 because there goal is to get the dollar of the streets and they have always maintained the stance of $1 to $1 with no problems so what is an extra $0.47. But $1.47 is right in the middle Iraq would not be wise to RV at $3 but half of that About $1.47 is right on the money. I sure hope someone on this site is right. Hang in there everyone. KEEP THE DREAM ALIVE!!! 1 Link to comment Share on other sites More sharing options...
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