[Precious] Ramadan Holiday Update Posted: July 3, 2012 in Iraqi Dinar/Politics T Ramadan begins in the evening of Thursday, July 19, 2012, and ends in the evening of Saturday, August 18, 2012. *Dates may vary
[papajack] Good Morning, I go on recaps and read all the conveluted BS and I have to laugh, folks we need to use some common sense.
[papajack] What rate is that? Well we have heard rumors but honestly common sense tells us it will be near Kuwait.
papajack] Speculation on rates is pointless the IMF already approved a rate so that is where it will be PERIOD!!!!
papajack] The big question is what or why are we waiting on? Who or what is the delay? Well the only common sense answer I can come up with is politics and I know that opens up a whole new can of worms so I won't go there.
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[papajack] So here is the facts Iraq petitions the IMF to approve a rate, the IMF approves the rate and presents it to the BIS who presents to the Central Banks, who presents it to the banks. So the million dinar question is where are we in the process?
[taz7390] papajack IYO are we ASN? Thanks for the effort
papajack] JMHO but I have been told from many sources that the banks have had the rates for a long time but haven't been given the OK to release them. So if that's true then YES ASN it can happen. Everything else then becomes speculation.
papajack] That puts us waiting for the Black Jet IMHO!!!!!!
[papajack] Why it hasn't happened is anybodys guess, but it WILL happen. And don't waste your time calling the banks, they are ordered to not say anything.
[ourblessing] papajack Thanks for all you do!! But who gives the Ok for the release?
[papajack] ourblessing Good question, I wish I knew the answer.
[papajack] Please don't let these highs and lows get you down, Our God Reigns!!!!!
papajack] This is the time to plan on getting your Dinar exchanged and protected without getting robbed.
[buddydog] Good Morning to all!! Let us pray that today is THE day for the RV and we get the email of code to contact banks to schedule our exchange of currencies!!!
Jul 3 7:43 AM [captaincaveman ] I have a theory that we are only waiting on the third basket to rv and all the rates finalized and put into the system. And then the PTB will push the button for the IR
[.ladybug65] I have to admit, I really thought we would wake up to and RV this morning!
[musiccitylady] .ladybug65 seriously?
[.ladybug65] musiccitylady ~ Yes, I was very optimistic after listening to SP, soonerfan and gtabdinar last night!
[cruiser] Oil climbing higher on Iran supply concern. What concern? They have sanctions against them limiting the amount of oil they can sell. Plus the remainder of the Middle East are carrying the supply and demand, TY Iraq (74million barrels last month).
Our media is at it again!! Gold speculations are on the rise, could it be that these wealthy and smart individuals are speculating something over the holiday tomorrow??? Just want to ask, Wht ever happened to Greece? There has been no media coverage about them in over a week. Did they fix themsleves?
blueblaze1962] cruiser It is interesting how one "news" story takes over another and the others just seem to disappear or be fixed...
highlander65] cruiser what is this ELA in europe - emergency liquidity something or other? related to our baby?
[cruiser] highlander65 I do not know. It could be. Liquidity would tell me it has to do with the banks and having cash on hand in case of a run on the banks.
Paladin] [mstxstar] I just got the most encouraging news ever as far as this investment goes our personal banker at WF has done a complete 360 on the dinar he had always said well its a long shot etc and today was so upbeat and talking like things were really happening on his side just blew me over
[Paladin] [mstxstar] even talked about what a great investment the VND was wow
hopeful2&2] don't hear as many of the bank stories as we use too
[namvet68] hopeful2&2 most of us have concluded that our bankers don't know squat!
[hopeful2&2] namvet68 appears that way lol
[hopeful2&2] but i will take any encouraging news
[Cat-in-the-hat] I have a great relationship with my bank. They are invested at chase ... aways very positive
healthscans] Paladin thank you too for the update. I was getting a little aggravated myself. Last night I heard Bulldog and all he talked about was the good guys / bad guys and it just sounded like a never ending story. Then many are saying they can't see the VND going alone. Thank you again for hope.