9-15-2012 Carrello: If Shabibi doesn't RV, the IQD goes to a float, he doesn't have to bother with the Parliament. Float it, supply is controlled, creates demand, price goes up, and we may see a buck before you know it.
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All of a sudden Baghdad and Erbil agree to pay the dues to the oil companies. I don't know what happened to make this happen but this is a major bargaining chip which means something is in the works - they are getting something in order to do this or they were told to do this.
These are all major things that signal to me that the government is having lots of negotiations and things are happening behind the scenes. Could be a major weekend for news into Monday.
9-15-2012 Ray T (Emailed To Dinar Detectives): On a conference call with Blaino he stated that the market maker will determine price of the Dinar. There are no market makers in currency trading only brokers and banks.
There is electronic trading and there is open call trading but there is no central market maker. The IQD is not presently traded and there is no currency pairing on forex at this time.
His total premise of the value of the currency coming out at what it is now is based on false assumptions and ignores what Dr S has been stating all along about the value.