12-31-12 Dojiman: As a matter of fact, the only economic reason they would 'need' to RV is to make their imports cheaper. Any country contemplating rebuilding would need a lot of infrastructure machinery/equipment which are typically very big ticket items. But Iraq does not seem to be in a rush here and is still a net exporter. No one knows what they are doing with the income.
Typically, an exporting country benefits from a weak currency since their good are cheaper in the international marketplace. Iraq does not have to worry about that because there is basically no competition pressure on their main (possibly only) export, oil, which has a market set price for the cartel, where countries are not competing against each other on pricing.
Our only hope is that there is some political agreements to RV and that those agreements have firm dates attached. If not, its like watching sand pass through an hourglass.
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[tomzom] I believe the news and information distributed throughout the dinar community today spawns a general perception that we are soon in for an abundant amount of abundance!!!
flashing] today Tarasov post expired and the UN has not issued anything about that? Why?
[Jester] flashing don't need him anymore...
[flashing] Jester right :
[flashing] Jester they will use UNAMI
[cashinqueen] flashing who is Tarasov?
[flashing] which at the same time means they wii be moved to another ch (6) :danceufun:
[flashing] cashinqueen the high Coordintor working with Iraq
[Jester] should mean that... according to the mission statement...
[flashing] Jester right
[flashing] Jester if they will extend it , i don't see any reason to keep that decision quiet.
[buybyeby] flashing that's what I was thinking
[cashinqueen] flashing why do you care if they extend it or not?
[Jester] flashing i would say you are right... just announce the news and go on... too bad so sad...
[flashing] buybyeby they have a date , deadline whatever name u want to call it
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2-31-12 SWFloridaGuy (Reponse in Recaps Forum): DTconcerned: Shabibi has repeatedly stated over the years there will be no LOP, for whatever his word is worth.
SWFloridaGuy: Hello DTconcerned, I'm afraid I'm going to have to completely disagree with that statement. Just to clarify Shabibi has never once said that the IQD would revalue to become the strongest currency in the Middle East and remain at levels above Kuwait's. In fact he's never said they would "Revalue" at all.
At the Arab banking conference in 2008 (held in Cairo), Shabibi did say that he wanted to return to their currency to levels that closer resembled what they were in the 70s and 80s.
He never used the word revalue for obvious reasons, nor did he even hint at by which mechanisms the NID could regain the previously held levels of their former currency.
Whether that be by revalue, floating orbit of exchange, straight redenomination, change in peg, letting the market drive it up etc., is of course 100% classified.
I think sometimes intel providers believe that if they repeat misinformation often enough it will become fact. Misquoting articles from 4 years ago to support a theory while discounting more recent ones as smoke has me perplexed. The "Returning to former glory" statement from Shabibi (while a very positive one), is frequently misquoted.
"4-7-2008 Shabibi - We aspire in the near future to the return of Iraqi dinar to what it was in the seventies and the beginning eighties against the dollar and other foreign currencies and we are endeavoring and serious in this regard, but added that this process is not easy and simple and depends on the supply and demand of Iraqi dinars."
[michigander0131] Central Bank calls for banks to get the right to sell the U.S. dollar Posted on Monday, December 31 2012 BAGHDAD / obelisk: stressed the Central Bank of Iraq, Monday, he was in the process of opening the door to get the right to sell the dollar for all Iraqi banks. The governor of the Central Bank and Abdul Basit Turki Agency for "obelisk", "The bank has decided to open the door to all banks for window sell the currency from the beginning of next year." last effort to collect all 3 zero dinar
[BamaSteve] michigander0131 What is your take on Dinar Detectives saying Maliki had resigned?
LINK TO ARTICLE (OPEN TO EACH INDIVIDUAL INTERPRETATION)
Kubaisi: Maliki will go down in history of the wider doors to resign
"Addressing Kubaisi Maliki, saying that "the Maliki historic opportunity can invest and go down in history of the wider doors which appear on the screen in this night and apologized to the Iraqis for not being able to repair the internal situation of the country and announced his resignation from his position as head of the Iraqi government," noting that "thus becomes the greatest leader Iraqi history. "(end)
[michigander0131] BamaSteve theres no way he re-signed and that is fact /not rumor
[mimirose] michigander0131 Maybe they kicked him out and said he resigned to save face?
[michigander0131] mimirose nope he is there just like always
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[flashing] Parliamentary Foreign discuss with Kuwaiti ambassador out of Iraq from Chapter VII Parliamentary Foreign discuss with Kuwaiti ambassador out of Iraq from Chapter VII BAGHDAD – morning Prime parliamentary Foreign Sheikh d. Hamoudi with Kuwaiti Ambassador to Iraq Ali insured
[flashing] bilateral relations between the two brotherly countries and the outstanding issues that prevent exit Iraq from Chapter VII of the UN Security Council. gave Sheikh Hamoudi, during a meeting believer congratulations to the National Assembly and the
[flashing] Committee on Foreign Relations in which the occasion of winning the confidence of the people, expressing hoped to start a popular new parliamentary relations for the advancement of bilateral relations between the two countries. The two sides stressed the depth of historical relations and ties between the brothers in Iraq and Kuwait, Sheikh Hamoudi discussed and Ambassador insured on the exit of Iraq from the provisions of Chapter VII.
[heyu288] flashing Hi sound good???? am I reading that right??
[flashing] heyu288 agreed very very good
[burk50] Flashing is this the news you wanted?
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[Shining] gm Happy New Years Eve :
[flashing] GJHHonor lot of people waiting for the train tonight rv. they expect to have a big party in 2013 and hosting rv
[cashinqueen] Shining whats your thought on Tom Heneghan on your blog. he seems to think that the dark side is still in control ..As the year 2012 comes to an end, forces close to the U.S. military are reporting that U.S. President Barack Obama continues to be blackmailed by the Bush-Clinton Crime Family Syndicate
[Shining] cashinqueen it is quickly being brought to a close as indicated
[spiritfilled] Here is another "imminent" settlement regarding banks abd the bad foreclosures...interesting http://www.cnbc.com/id/100345785
[Jester] got something for you guys... Link
[Jester] chart well all the way down to 2.08
[puppylove] Jester at zero??
[Jester] puppylove nope - looks like 0 since the scale is small but settled at 2.08
[Jester] burk50 VND went from 20,800 to 2.08 on this chart
[burk50] Does this mean VND T 2 plus?
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