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6-29-2013 *Mailman17

Rumors, Chats & Guru Predictions from other Dinar Sites. IDC does not necessarily agree with, or endorse any of these posts.

6-29-2013 *Mailman17

Unread postby Vixen » Sun Jun 30, 2013 3:01 pm

6-29-2013 *Mailman17 ~A FREE FLOAT FROM A PENNY OR EVEN GOING TO 1000-1 AND LETTING IT GO DOWN TO A 1-1 DOES NOTHING FOR THE PEOPLE. NOT TO MENTION, AGAIN...THERE ARE NO NOTES TO JUSTIFY 1000-1 OR A PENNY. IRAQS ECONOMY HAS ALWAYS BEEN BASED ON THE DOLLAR SO I EXPECT NOTHING LESS THAN A 1-1 AS WELL AND I ALSO EXPECT THIS BEFORE RAMADAN...FACT...THE DINAR IS VERY SCARCE ON THE STREETS AND THE CBI HAS DONE EVERYTHING TO TAKE IT OFF…INCLUDING THE SMALLER DENOMS LIKE THE 50, 250 AND 500…IF INDEED THEY MUST USE THEIR OWN CURRENCY FROM NOW ON...THEY DONT HAVE ENOUGH SMALLS TO COVER DAILY BUSINESS UNLESS...THEY GO PAR VALUE WITH THE DOLLAR AND INTRODUCE NEW NOTES THAT CAN COVER THAT VALUE. DOWN THE ROAD SAY 90 DAYS,,THEY CAN RETIRE THAT COMPLETE SET AND INTRODUCE THE NEW NOTES WITH THE KURDISH LANGUAGE HENCE THE ONLY NOTES ACCEPTABLE THEN WOULD BE MOST LIKELY A 200 DINAR NOTE ON DOWN TO FILS...JMO (the only thing i watch for now is to see if the requirements regarding chap 8 of the imf and chap 6 of the un coincide, if they are entwined, then we are good to go. as far as the rate, i still stick to my guns are far as a par value. add to that that 2 major banks are now set up starting monday for infrastructure (most likely outside) tells me the fear of investing in iraq is gone.

6-29-2013 *Mailman17 ~NOT SURE WHY ANYONE IS WONDERING ABOUT THE HCL. SEEMS TO ME WHEN MALIKI VISITED ERBIL...THOSE THINGS ALONG WITH 140 WERE DONE AND SIGNED OFF ON. REASON BEING IS THAT IRAQ WERE UNDER 18 VERY STRICT BENCHMARKS SET BY THE UN FOR THEM TO BE RELEASED FROM CHAP 7. THEY FULFILLED ALL BUT 2. KUWAIT AND THE HCL. THERE IS NO WAY THE UN WOULD ALLOW THEM OUT OF CHAP 7 UNLESS THEY WERE COMPLETELY SATISFIED THOSE 2 REMAINING BENCHMARKS WERE FULFILLED, YET ONLY 1 MADE THE NEWS...KUWAIT. THIS IS ANOTHER REASON I THINK IRAQ WILL BE MAKING THE ANNOUNCEMENT WE HAVE ALL BEEN WAITING FOR AS REVENUE SHARING WAS PART OF THIS AS WELL. IMVHO...THE HCL IS DONE AND JUST WAITING TO BE ANNOUNCED.

6-29-2013 *Mailman17 ~USING LEVERAGE IS WHAT THE US DOES BEST. RETAINING SEMI CONTROL OVER FROZEN ASSETS MAINTAINS THAT IRAQ WILL USE THEM FOR WHAT IS PLANNED...THE RV...AND KINDA PUTS A HALT ON ANYONE WHO WANTS TO GET THEIR GRUBBY STICKY FINGERS IN THE COFFIEUR…LETTING IRAQ CONTINUE ON THE PAYMENT PLAN TO KUWAIT THROUGH 2015 RETAINS THAT 11 BILLION IN THE CBI RESERVES AND TO BE THERE FOR THE RV. KUWAIT IS SATISFIED WITH THAT AS WELL...ALL IS HAPPY BETWEEN THE BROODING PAIR… THOSE FROZEN ASSETS WILL BE NEEDED TO COVER THE NEW RATE AS WELL AS THE DFI FUND. PROTECTION UNDER THE U.S. IS A SAFE GUARD AND NOTHING MORE… BUT IRAQ WILL HAVE FULL USE OF THOSE FUNDS AND AS INVESTMENT POURS IN..THEIR RESERVE SHOULD DOUBLE IN A VERY SHORT TIME...IRAQ WAS MADE TO SUCCEED AND IT WILL…
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