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

T hank you so much Adam for the info. and your thoughts which make perfect sense.... at any rate it's another Big step closer.. even a lower peg is welcomed... just let it Peg!!!

Originally Posted by Adster

Iraq Banks Closed Following Heists

http://www.iraqdirectory.com/DisplayNews.aspx?id=1832


Who's thinking what I'm thinking here?! 10 dinars to the first correct answer, lol.

Gives time for security to get in place ... so they can deliver the smaller notes?

Originally Posted by ezcash

T hank you so much Adam for the info. and your thoughts which make perfect sense.... at any rate it's another Big step closer.. even a lower peg is welcomed... just let it Peg!!!

ezcash, anytime my friend, anytime. The other point about this IMF report is that there is no mention of a LOP or a REPRINT. Only a recommendation for an increase to the dinar with their full backing.

So once and for all forget reprint and lops, no way Jose, not even in the frame!

Originally Posted by ezcash

Gives time for security to get in place ... so they can deliver the smaller notes?

This the 'Adster and ezcash Show'?! LOL.

Correct, the perfect time to allow staff to incorporate the new smaller notes/coins.

Next week is looker better and better.

Thanks Adam.. actually I have to give credit to Cigarman for that answer..it was his logic a few posts back... I totally agree tho... will split the $10 with him.. I am having a hard time stayin in control... think I'm losing it..
Yipppeeee!!!

Originally Posted by ezcash

Thanks Adam.. actually I have to give credit to Cigarman for that answer..it was his logic a few posts back... I totally agree tho... will split the $10 with him.. I am having a hard time stayin in control... think I'm losing it..
Yipppeeee!!!

Did he? Full marks to Cigarman. I'll pay you both at the r/v party, lol. And I see Mike's in 'da house'. How are you Mike?

Reckon we should all be feeling good at this point. I'm at the stage where just want the ruddy thing r/v'd whatever the rate! Even at a low rate and allowed to float it will rise rapidly and soon be at 1:1 IMO.

OSW Mike, will you please tell them what the kurds are saying the reval will be. It seems some of us have lost our way. I stand firm with .68 or better. Plus Maliki said he wanted the Iraqi people to feel luxury, well at .31 reval they only get back what they had so .68 reval ought to get them there.

Originally Posted by Adster

Did he? Full marks to Cigarman. I'll pay you both at the r/v party, lol. And I see Mike's in 'da house'. How are you Mike?

Reckon we should all be feeling good at this point. I'm at the stage where just want the ruddy thing r/v'd whatever the rate! Even at a low rate and allowed to float it will rise rapidly and soon be at 1:1 IMO.

Hey Adam,

Hope you enjoyed your holiday, and are counting down the days to retire from the job. (g) Yes, some stange things going on in Iraq, and my contacts have also been kept out of loop, so who knows, I think this bank closing deal is a cover too. LOL

Good luck to all, Mike

Originally Posted by cigarman

OSW Mike, will you please tell them what the kurds are saying the reval will be. It seems some of us have lost our way. I stand firm with .68 or better. Plus Maliki said he wanted the Iraqi people to feel luxury, well at .31 reval they only get back what they had so .68 reval ought to get them there.

Interesting,

I was just talking about it with my contacts and they had always said .30 to .40 range and allowed to float up as international law would boost economy and reserves, lowering unemployment, reducing bombings, and everything gets back to abnormal. (g) This is a very strange place in the world where several religions all have armed militia. When annoucements were made of up to $3.22, testing the worlds resistance, and when there was none, they started to think .68 was possible out of the gate, but now that they saw all the setarian violence start up, they backed down to a top of .68, so we shall see who was right in the end, not that it matters, it will rise and rise either way. (g)

Good luck to all, Mike

Things get more and more interesting...

I read a clip from the IMF earlier this morning as well as the bank closings information first thing this morning ( after the 21 arrests in the UK of course) and with everything happening got this strange feeling of the planets aligning.. lol and was talking to a couple people about it... some were saying " Nahhh the bank closings are all just becaues of robberies" People thinking that provides a wonderful time to do mutliple things.. How often does a country get the "opportunity" to actually CLOSE up a Financial network like that to make wide sweeping changes?? Interesting...

However the fortuitous and interestingly coincidental timing on all these things allowing preparation to meet opportunity is just a wee bit too much to be ignored.... it at least has MY radar up. lol

Looking forward to experiencing that "DINARGASM"

RF