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*Misc Gurus 9-27-13

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

*Misc Gurus 9-27-13

Postby Vixen » Fri Sep 27, 2013 8:36 am

9-26-2013 *Loechin ~Guys we have waited years so I can wait a few more hours... Guess what we have to. [do all the banks need to be open…] yes.

9-26-2013 *Shredd ~I think it's easily overlooked what effect the rate change will have on exports/imports…When exchange rates change, the relative prices of exports and imports also change, which causes exports, imports, net exports, and aggregate demand to change. As the dinar gains strength above the true rate of the dollar, Iraqi consumers are bound to buy more internationally-made products, causing imports to increase. This is good for all of us internationally but is expensive to Iraq, but here's the thing...as Iraq becomes more and more multi-sector sufficient, imports will fall and...exports are rising, so that means net exports unquestionably increase. A higher exchange rate will discourage imports (reducing expense) and encourage exports (increasing revenue)…add this to all the wonderful news around the banking sector becoming fully integrated, compliant, and regulated primes the entire economic bubble! We are watching truly amazing history being made right before our eyes!

9-26-2013 *TNT Tony ~I want you to know that everything is in motion. The rates are at the teller screens (tellers cannot see them until authorized). I have received confirmation that the President did in fact sign-off on activation yesterday evening, which explains all of the bank action last night and today. I was just informed that they are completing the final checks and balances now and that the party is scheduled for today.

9-26-2013 *Tlar ~Here's what I see. Iraq will have an international currency between now and January or they will not be able to open the 2014 budget. In January, Iraq is scheduled to become a donor nation instead of its current designation, of recipient nation. They accepted this challenge from the WB and the IMF six months ago. They cannot join the WTO nor can they be a donor nation without a currency.They will no longer be able to easily acquire loans from the WB as they did as a designated donor nation. Iraq has already started to donate. Instead of money, they have donated 100's of thousands of barrels of oil to nations in need like Jordan. I don't see this going into next year. I think that the rate will be as we have been told, 86 cents. So here is my prediction. 86 cents mostly likely sometime in October but surely before they open the 2014 budget.

9-26-2013 *Loechin ~As of this moment, this second the rate is 23 plus change but if I were you guys I would switch those around when I go in and START there...as of today all I can say is the local WF here is ready to go and they will just call me. [If we don't see anything by the time banks close today, would tomorrow while all banks are open be the next likely window?] We hope tonight.

9-26-2013 *Bluwolf ~Good afternoon, well banks are all hyped up all ready with personnel on standby, the walkin rates are out there and they are high. Remember there's a difference between buying your dinars and exchanging your dinars…its a CURRENCY EXCHANGE, THAT YOU ARE EXCHANGING YOUR IQN, VNN...AND YOU WILL BE A-OK. There are no glitches, no holdups, no delays… no ptb delays, just protocol and its timing…So now our wait shortens to minutes or a couple of days…

9-26-2013 *TerryK ~IF WHAT TONY IS SAYING IS TRUE AND MY SOURCES LINE UP WITH THE TIMING, RATES DIFFERENT BUT IT'S ALL GEARED FOR THIS WEEKEND. [you hearing rates that high?] 23.42 IS WHAT I HAVE BEEN TOLD FOR WEEKS. DONG I'M HEARING IS OVER 4. GETTING FROM SOURCE THAT THIS IS TO GO DOWN PRIOR TO OCT., SO WE ARE THERE. TONIGHT THRU THIS WEEKEND IS WHAT IM BEING TOLD. SOURCES ARE ALL EXCITED.

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9-27-2013 *Stryker ~Article: “Specialists promised the launch of a new banking strategy” Yes, yes, and again I say YES! This is excellent news, and confirms their commitment to expanding the infusion of foreign capital. The private sector banks' profitability is already spilling over into the economy, returning consumer confidence that was shaken due to prior abuses. It will only get better as more foreign funds are brought within Iraq's borders. More funds = more expansion... More expansion = better economy and trade relations... Better economy and trade = increased revenue... Increased revenue = increased reserves... Increased reserves = increased IQD value... It's simple math. The news keeps getting better and better!

9-27-2013 *TNT Tony ~Get Set.....GGGGGG.....IT'S COMING. You cannot cashout until the banks open. After getting the information that the RV was finally signed off late yesterday evening and that all systems were go, I figured we had cleared the way. I found out how the rates were being loaded one region at a time, with new security features in place. This was exciting because I was getting confirmation as it was taking place. Then I talked to my banking contacts and they told me they were to report to their stations at about 7am est. They were told that the RV would be today [Thursday]. They reported and waited all day, they could see the rates and they have been moved to the teller screens. Everything is in place and the problem today had to do with the 800#s. They were told 3 times today that the RV was going to be released.As of 5pm pst I know that they were still trying to solve the problem and that the release is scheduled to be either tonight or first thing in the morning. I have been informed that once again, some highly intelligent people have said that the RV wouldn't take place until mid Oct, 2014 and now even 2016. All I can say is boy are they in for a surprise. I have confirmed from people in Iraq and people in D.C., that payouts did in fact start in Iraq today and that contractors were exchanging for $25+. Don't worry, your turn is coming and you should have the best weekend of your life...you were almost rich today and have a 99.9% chance of being rich tomorrow.
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