Thread: Iraq/Dinar News. 09/05 to 01/14/07

Hey guys,

Dr. Q at freedinar seems to think the r/v will start at .01 to the dinar. Why is that? Why does the dinar gang feel it is either going to be .68 or 1.10 - 1.14 per dinar? Obviously I hope for 1/1 or higher but then why would Dr. Q think either .01 or .68 "isn't out of question"" and then quickly move up to 1/1 and eventually to 3dollar/1dinar"? As we go down to the wire (hopefully this month) has anyone honestly considered why Dr Q seems so low as to rest of us?

It would seem to me that it would make sense from the Iraqi position to start out low to try and "flush out" as many dinar from speculators as they could and then move up from there. Why pay more for dinars then you have to logic.

On the other hand, it would also make sense to start at 1/1 to entice/encourage foreign investors to come in more quickly at a higher reval rate. If they start too low, then the investors will wait until it goes up before they come in. If they start too high, then there could be a serious run on the CBI resulting in a strain in keeping up with the payout demand.

I guess we will all find out soon (hopefully this month) but like the rest of you the suspense is killing me! All I can say is "go dinar, go!, peg dinar, peg!"

worf

Hey guys! Is there anyway to earmark a particular post so I can find it more easily?

I have been looking for the post that had the link to freedinar call with Dr Q.

Can anyone point me in the right direction, please?

Thank you!

Monica

Well Worf, my feelings are that Iraq is in one of those catch 22 situations. If they reval low the companies in Iraq will be bought up cheap, if they reval high they will have speculators cashing in. To me, they will probably reval high and take a short term hit versus a long term hit with the ISX. Don't forget that the Iraqi banks have been doing their books at the .31 range being the current rate is defacto, so with what good things that have happened in the last three years could easily justify the .68 or higher.JMHO.

Originally Posted by readytogo

Hey guys! Is there anyway to earmark a particular post so I can find it more easily?

I have been looking for the post that had the link to freedinar call with Dr Q.

Can anyone point me in the right direction, please?

Thank you!

Monica

Hi Monica,

You can either got to Free-Dinar.com to listen, or visit this post where it was listed by bluezzguy.
http://www.rolclub.com/iraqi-dinar-d...ight=bluezzguy

Good luck to all, Mike

Originally Posted by Offshore-Wealth.com

Hi Monica,

You can either got to Free-Dinar.com to listen, or visit this post where it was listed by bluezzguy.
http://www.rolclub.com/iraqi-dinar-d...ight=bluezzguy

Good luck to all, Mike

Thank you very much! I appreciate you, Mike!

[QUOTE=a-team;99624]The date of the meeting was yesterday. The Investment Law needs 3 reads in Parliament.


http://64.233.179.104/translate_c?hl...26sid%3 D1494

Abdul-Mahdi receives Governor of the Central Bank



Feels secure to be able to log back in to ROL and see everyone again..

Regarding the info above on the Invest. law...I read somewhere yesterday in IFF that it was scheduled to be read in Parliment again by Aug. 10.. sorry I can't find the quote.. so don't know for sure if thats credible info... Maybe someone else can provide the source...?

Originally Posted by cigarman

Well Worf, my feelings are that Iraq is in one of those catch 22 situations. If they reval low the companies in Iraq will be bought up cheap, if they reval high they will have speculators cashing in. To me, they will probably reval high and take a short term hit versus a long term hit with the ISX. Don't forget that the Iraqi banks have been doing their books at the .31 range being the current rate is defacto, so with what good things that have happened in the last three years could easily justify the .68 or higher.JMHO.

Did I miss something? How do we know that the banks have been doing their books at the .31 range? At 532+ pages worth of posts I seem to have missed that one! If what you say is true, then why would they want to go backwards to .01? Doesn't make any sense to me. Your info seems to lend additional credibility to the .68 or higher theory. Thanks for all of your posts and research! Go dinar, go! Peg (high) dinar, peg!

worf

ezcash, I also read the post you mentioned but I still believe it's already passed. There's been some articles that indicate it has, I guess we'll know the truth soon. If you look at all the data, news, rumors, etc. I think we're there just waiting on announcement. I'm sure once our troops crack down in Bagdad it will be announced. Of course, I think that if they would announce it the violence would subside some. JMHO

Worf, I can't remember the actual article about the .31, but below is another person on another forum backing me on the articles truthfulness.

We know that the tactic they are using to curb inflation was to raise their interest rates from 10% to 12%. We also know that they are considering raising rates again from 12% to 14%. We also know that the CBI ordered the banks to keep books at .31 while the audit of the banks was conducted at the de facto peg rate(1476). We know that the first and second reviews are completed and OK. We know that Kurdistan is to be the example that foreign investment in Iraq can be successful and that the law is legal and they are open for business. We know that foreign money and contracts are being signed. We know that the CBI( reval) is independent of the attacks. We know that Iraq is full of oil, natural gas, water and agriculture.

Cigarman... it sure would be great if it was already done.. great on relieving anxiety... yes.. I think you are right on all the other factors, news, rumors, etc. and hope its just a matter of "lining up all the ducks" so they can announce what we want to hear..