DINAR UPDATES 4-9-16
Post From Dinar Updates
Chat Room Excerpts & Highlights
Dinar Updates Saturday AM Chat 4-9-16 Part 3 of 3
rcookie says to Holly1():THEY ARE CONFIRMING THE RECENT MEASURES BEING IMPLEMENTED IN THE AUCTIONS...
rcookie says to Holly1():OFFERING TO CITIZENS THROUGH RAFIDAIN...CAPPING THE VIG AT 1200...REDUCING CURRENCY LEAVING COUNTRY TO 3000 FROM 5000...
rcookie says to Holly1():ALL PURPOSED TO DIFFUSE THE PARALLEL MARKET AND CONSISTANT..
trout1 says():still sounds like they are trying to draw all the dinar from the steets as they can before they make the change to lower denoms
trout1 says():looks to me like instead of using the USD as a tool for the for the benafit of the few it may now be used as a tool for the reforms
Babe says to trout1():how is the USD being used as a tool for reform?...
larrykn says to Babe():the dinar will be pegged to the USD
trout1 says():looks to me like they are letting normal people buy dollars through the bank to use in the market
by doing that they are taking in dinar for those dollars thus reducing the big dinar notes which is something they have tried many ways to do
by doing it this way it takes the sale of some of the dollar away from the central bank and out of the hands of the bad guys and puts it in the market where it can draw the big notes
in having less on the street when they launch the lowerer denoms the people would naturally trade the dollar back for dinar that is now worth more MY OPINION ONLY
trout1 says():also this would bring more confidence to the banks
Babe says():I see...thank you
woodywoodpecker says():i get dumber everyday that i am in this lol.
leenleen says():The dinar has always been foreign....that's why we never know(lol)
leenleen says():Five years and I don't get it..guess I'm an idiot
Babe says():I'm five years in as well...was supposed to happen very quickly when I got in...and here I am ...still waiting
leenleen says():Well I can say this, I never give up...stubborn
Babe says():perhaps I should redefine "quickly"
trout1 says():was suppos to happen 9 years ago when i got in too
larrykn says to Babe():even if you waited 20 years where would you ever get the kinds of returns you will get with this :)
trout1 says():feels like 20 years
Babe says():excellent point larry
Babe says():at this point...what's a gal supposed to do...keep it or sell it...selling it really doesn't bring me a return...so this gal chooses to keep it and hang on for the ride
larrykn says to Babe():read the news today, everything is looking good , there is no bad news now
Babe says():it is getting exciting larry
trout1 says():we survive without the dinar sure would be nice to relax and survive at the same time
Babe says():amen trout
NWBeauty says():GM all I was in Vegas all week NO Call Since 22Mar?
NWBeauty says():Biden flew into Vegas yesterday Delayed MANY flights (about 3/4 of them) on his way to .....RENO Maybe?? so BGG has not done a call since 22March? That is a LONG time !!
larrykn says to NWBeauty():no but the news has been outstanding :)
larrykn says to NWBeauty():here is what happen this morning,,,, cabnet will be voted on Monday,,, CBI govenor looks like they got a new one waiting for comformation on that one,,, rate will depend on oil prices for the next 2 months .. not bad for a start of a day :)
Baxter says():rate will depend on oil prices for the next two months??
larrykn says to Baxter():yes its in chatlog and I would think in the news section
Baxter says():well... we got two more months then.. at least
larrykn says():I don't think that is what they are saying
NWBeauty says():is there ANY hope of .... oh, Baxter is saying June, too I think
Baxter says():I hope not
NWBeauty says():I was hoping for 15 April float or rate change
wmawhite says():Folks,......no where is there a statement from the CBI concerning the international value/rate of the IQD being determined by the price of oil over the next to months.........nowhere......if it exist, please show me.
leenleen says():I agree wmawhite...it's not going until June
NWBeauty says():as far as I can tell .... Iraq has a programmed rate and I have NO indicator (other than HOPE) that it will be lifted
wmawhite says to leenleen():I do not know for certain when this will happen.......my point is as I stated above.
larrykn says(): rcookie says(8:54 AM):subject to change the value of the dinar is linked to the financial situation , which will be determined by the price of oil in the next two months
Baxter says():I dont believe that two month thingy on the price of oil.... price of oil isnt going to change much in two months.... thats bull as Poppy would say
larrykn says to Baxter():I'm thinking its a calculation they would use for future price they think it will be but that is IMO
wmawhite says():OK..........folks,....listen up........whenever the CBI, GOI Parliament Finance speak about the price of the IQD.........they are speaking about the street price. The IQD, as of today, does not have an exchange rate, an international exchange rate. Instead, it has an artificially imposed buy/sell value.
leenleen says():the news has always been that they're not doing anything until mid year...am I right on that which would mean June
NWBeauty says():I'm thinking June earliest now ..
wmawhite says():Here is why they speak about the price of oil affecting the price of the IQF:......the GOI sells the oil. They receive payment from around the world in USD. The GOI then takes the USD and sells it to the CBI for IQD.
The CBI turns around and sells the USD to the banks for............guess what? IQD. This is qwhat that statement is referring to.
wmawhite says():What we are looking for........is different......and they will not be advertising the details in advance. wmawhite says():If you want, we change the subject to blueberry pie receipes.
Babe says():no...prefer dinar
wmawhite says to leenleen(Where did you see that it would happen in June?
Baxter says():Isnt RAMADAN in June??
Baxter says():or is that July?
leenleen says():Oh, I'm back....I go into lots of web sites and the statement was in many that it was June.
wmawhite says():check the moon phases..........don't know......
leenleen says():omg you do not check the moon(lol)
dovi says to leenleen():are you talking about what we've read "the first half of 2016?"
leenleen says():yes, many of them
wmawhite says to leenleen():OK.....here at your local chopped liver with onions site............we have never stated that.
POPPY3 says():you will see A NEW RATE IN JULY REMEMBER THEY SAID THE FIRST HALF OF 2016 AND WHERE MYSELF INCLUDED HAVE BEEN PLANNING ON THE FIRST OF JUNE THEY HAVE BEEN TARGETING JULY OR THE LAST WEEK OF THE FIRST HALF.
NOW RUMOR HAS IT THEY ARE MAKING MANY PLANS FOR SEVERAL CHANGES AT ONE TIME THE FIRST WEEK OF JULY.
NOW BEFORE WE QUESTION THIS POST ANSWER ONE QUESTION HAVE THEY EVER ONCE DONE ANYTHING ON TIME ???? NEVER HAVE THEY EVER FINISHED ANDTHING ACCORDING TO IMF,UN,WORLD BANK,
NEVER THEY HAVE NEVEN IN 12 YEARS MET ANY OF THEIR ON DEADLINES ON TIME.
I BELIEVE WE REST RELAX TILL THE END OF JUNE THEN GET EXCITED OF POSSIBILITIES IN THAT TIME PERIOD. ENJOY FAMILY & FRIENDS , GET IN CHURCH AND PARTNER WITH GOD . THEN COUNT ON RECIEVING ALL THE BLESSINGS HE HAS LAID UP FOR YOU. POPPY3
puffdragon says to wmawhite():My feeling is it has been completely ridding the corrupt from the ministryies including Maliki, hence this reshuffle to complete that effort, and also get a perminent figure to head the CBI . In that way the corrupt will not be able to profit from the RV. My thoughts!
leenleen says():it boils down to this...none of us have a freaking clue!!!!!
wmawhite says to puffdragon():You make a good point there........as to profitting from the change in value of the IQD.......that will only be realized outside of Iraq and that is where they want Malik or either in jail.
wmawhite says to leenleen():In this room we do have a clue because the IMF told the entire world what Iraq "will" do.
larrykn says to puffdragon():new cabinet will be voted on Monday, Holly1 brought in news this morning saying they have changed the CBI govenor but no other news on that or who it is
puffdragon says to wmawhite():Cant even the corrupt go outside the country with their dinar ?
puffdragon says to larrykn():Changed the govener thats exciting ! Its about time !
larrykn says():thats my thoughts too :)
clay01 says():They got rid of Alak
wmawhite says to puffdragon():If they can travel............however, the CBI will not stop its country from moving forward because of former corrupt officials.....however, the rest of the world has told Iraq to clean it up.
puffdragon says to wmawhite():Abadi is comming to that end it seems with the reshuffle ! And as Larry just posted, the new cabinet Will be voted on Monday, hope that will stand completed Monday as stated.
wmawhite says to puffdragon():The GOI reshuffle is for two purposes..........one.....putting experts in the ministeries in order to rebuild Iraq...........and two, changing the culture of greed.....of stealing from the government just because you were entitled to the position.
puffdragon says to wmawhite():It does seem that process is comming to a conclusion .
rcookie says():IF YOU CONTINUE TO ALLOW YOURSELVES TO BE LURED INTO A SPECIFIC DATE WINDOW........... YOU ARE VULNERABLE TO CONTINUED DISAPPOINTMENT .....STOP IT.....LOL
Baxter says():My window has been open now for 11 years.... LOL
cjquade54 says():just read thru chat notes for today ... saw that Alak may be gone ... no confirmation but that would be great ... more forward progress ... he ain't no technocrat that's for sure
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