12-27-2011 Guru Mailman17 THE MOST IMPORTANT THING IS…SHABS IS THE KEY HE IS AND NEVER WAS POLITICALLY MOTIVATE…HIS PLAN WILL COME DOWN NO MATTER WHAT THE GOI DOES…LOTS OF GOOD ARTICLES PERTAINING TO THIS… THESE ARTICLES AND THE MERE MASS OF THEM TELL US THEIR INTENTIONS HAVE BEEN FROM DAY ONE….TO RV… BUT THE MAIN THING IS THAT THEY HAVE TAKEN THE LARGE NOTES OUT OF CIRCULATION INSIDE IRAQ…I CANT SEE THEM GOING UP IN RATE FAST…THEY MOST LIKELY WILL MAINTAIN A STABLE RATE OF 1-1 FOR THE 2 YEAR PERIOD…. I STILL THINK THEIR ON TRACK FOR EOY… AND IF BY CHANCE THEY GO INTO 2012….THATS FINE…WE KNOW THEY WONT GET TOO FAR INTO 2012
12-27-2011 Guru Med ALLOT OF NEWS ALLOT AND MOST OF IT VERY GOOD FROM THE DINAR TO FINALLY NEGOTIATIONS BETWEEN THE IRAQI LIST AND THE KURDS…BIDEN SEEMED TO BE FIRM…WE DONT HAVE TO SELL THEM ANY ARMS WE DO NOT HAVE TO GET THEM OUT OF CHAPTER VII WE WERE TOLD TO LEAVE AND MALIKI MADE IT LOOK LIKE HE FORCED US OUT SO BE CAREFUL OF WHAT YOU WISH FOR YOU MIGHT GET IT…CBI IS NOT SKIPPING A BEAT THEY ARE DOING WHAT THEY HAVE TO DO AND LEAVING THE POLITICS TO THE POLITICIANS…
12-27-2011 Guru Jonnywg [via Gacavegirl] reviewed banks screens and they are no longer 00.000 and have gone blank as well as the live forex. Click Here to see live Forex for Iraqi Dinar (under Iraqi Dinar Tools above)
12-27-2011 Guru Hammerman Sit back, we are in a good spot, everything is done. We are in a better place today than we have been inthe past 2 months. 12-27-2011 Guru BGG My personal view – and this is all it is – things will come together fairly quickly now. They (Iraq and the GOI) are on a short fuse to get things handled…status qou has been upset and this recent “unravelling” may well prove to be just the thing we needed. I am almost certain it is not at the BIS yet though. It will happen once the politics of the situation are ironed out.
12-27-2011 Guru Doc The passage of the currency law is needed to support the RV. It is true Shabbibi can set a rate without GOI consent. However, he needs the a debt (bond) market to support the RV and only Parliament can approve a GOI debt. All public statements seem to indicate they want to RV around 1 to 1 with a high of $1.30. Even at these levels the money supply will be very large and debt coverage will be needed. Without debt coverage Shabbibi’s option is to RV very low and slowly work the rate up. In either case the $3+ predictions are economically unfeasible. Money supply would have to be shrunk to extremely low levels or inflationary pressures would be enormous. We maintain Shabbibi is trying to wait out Parliament to approve the currency law so he can RV around $1.
12-27-2011 Guru Lojak things are good for this week…just relax…it will show on the CBI, IMO…this should be the conclusion…all is well forthis week.
12-27-2011 Guru Med ALLOT OF NEWS ALLOT AND MOST OF IT VERY GOOD FROM THE DINAR TO FINALLY NEGOTIATIONS BETWEEN THE IRAQI LIST AND THE KURDS…BIDEN SEEMED TO BE FIRM…WE DONT HAVE TO SELL THEM ANY ARMS WE DO NOT HAVE TO GET THEM OUT OF CHAPTER VII WE WERE TOLD TO LEAVE AND MALIKI MADE IT LOOK LIKE HE FORCED US OUT SO BE CAREFUL OF WHAT YOU WISH FOR YOU MIGHT GET IT…CBI IS NOT SKIPPING A BEAT THEY ARE DOING WHAT THEY HAVE TO DO AND LEAVING THE POLITICS TO THE POLITICIANS…
12-27-2011 Guru Jonnywg [via Gacavegirl] reviewed banks screens and they are no longer 00.000 and have gone blank as well as the live forex. Click Here to see live Forex for Iraqi Dinar (under Iraqi Dinar Tools above)
12-27-2011 Guru Hammerman Sit back, we are in a good spot, everything is done. We are in a better place today than we have been inthe past 2 months. 12-27-2011 Guru BGG My personal view – and this is all it is – things will come together fairly quickly now. They (Iraq and the GOI) are on a short fuse to get things handled…status qou has been upset and this recent “unravelling” may well prove to be just the thing we needed. I am almost certain it is not at the BIS yet though. It will happen once the politics of the situation are ironed out.
12-27-2011 Guru Doc The passage of the currency law is needed to support the RV. It is true Shabbibi can set a rate without GOI consent. However, he needs the a debt (bond) market to support the RV and only Parliament can approve a GOI debt. All public statements seem to indicate they want to RV around 1 to 1 with a high of $1.30. Even at these levels the money supply will be very large and debt coverage will be needed. Without debt coverage Shabbibi’s option is to RV very low and slowly work the rate up. In either case the $3+ predictions are economically unfeasible. Money supply would have to be shrunk to extremely low levels or inflationary pressures would be enormous. We maintain Shabbibi is trying to wait out Parliament to approve the currency law so he can RV around $1.
12-27-2011 Guru Lojak things are good for this week…just relax…it will show on the CBI, IMO…this should be the conclusion…all is well forthis week.