Thread: Rv More Info For All

Originally Posted by TerryTate

Don't know notazbad2000. Unfortunately, the only sources that I have are the forums, so you have as much info as I do on that subject. Susie, or one of the other members with contacts would be a better source of intel on that subject. I'm just trying to be a patient and watchful observer, so if I catch anything I'll make a comment on it. My opinion though is that it would probably be better for us if it pegged to the Euro, as the dollar is currently dropping in value. I wouldn't expect the dollar to continue that trend, so it would be great if we could cash out in Euro's, and then convert them back to Dollar's once the Euro peaks against the Dollar. That would give us even more Dollar's which would be great if the Dollar were to ever reverse its downward slide. Probably answering more than you wanted, but it is kinda interesting.....

Terry! what are your thoughts on a date for a possible RV? Especially after all this information has been coming out - good or bad? Do you think debt reduction and ICI signing is essential to a RV?

Originally Posted by DANNYDINAR

Hi guys,

Just want to that I just got off the phone with my friend who probably is one of the smartest woman I have ever met. We talked for an hr and here what I found out. Yes on saturday they did have a special meeting for the RV of the Dinar. Here is something NEW, The CBI has stated there will be NO Auctions till WEDNESDAY!!!!!!!!!!!!!! I am saying this once, I have a strong feeling that Tomorrow is the DAY!!!!!!! CBI over the last month have been buying the Dinar and not selling it, NO ONE over in IRAQ will give a definate price for dinars since Thursday. I am not gonna sit here and harp on this but guys, friends, fellows, females I think our time has come. Get ready for the RV and Soon it is gonna happen, a bank does not buy buy buy and no sell for no reason. As I hear it I report it to all my friends, but again No auction till Wednesday, I am hearing RV Tomorrow and guys lets see if Danny Dinar is right. Thank you all in advance for excepting me here and I will not let any of you down.

DannyDinar

Well your source blew it. Another one down the drain!!!! There was an auction and NO RV!!!!

Originally Posted by screwball

Terry! what are your thoughts on a date for a possible RV? Especially after all this information has been coming out - good or bad? Do you think debt reduction and ICI signing is essential to a RV?

Well, ask me an easy question why don't ya...lol.

My answer is somewhat of a cop out on this screwball, but if you read it all I think you'll get my drift.

I have 3 different levels of opinions when it comes to the reval and I classify them as follows:

1. What I see: The items that fall into this category are mostly due to the articles, newspaper and tv pictures and general information coming out of Iraq, mostly from this site dug up by our newshounds. Because of this information I am of the opinion that the RV has to be very, very close, i.e. weeks, instead of months...

2. What I feel: This opinion is generated by the way I see Iraqi's living. It is hard for me to believe that they can continue to endure much more, so I tend to believe that something has to give. Either the people will get something positive or they will essentially implode. This also tends to point towards a sooner reval, but I have been thinking that for awhile now. So, it looks like the Iraqi people will put up with a lot, and thus the RV doesn't happen even though it should.

3. What I hear: Mostly what I hear is negative from mostly uninformed or intentionally misleading statements issued by people with agendas against the U.S.A. or the Republicans, or George Bush, or a combination of two or all three. These opinions tend to say that we need to get out quick, usually around the end of this year, so that leads me to believe that the RV will have to happen before the end of the year or everything is going to go to hell in a handbasket after we pull out. In short if Bush wants any kind of victory, economic prosperity should return to Iraq prior to a pullout, otherwise no credit will go to him, the Republicans or the U.S.A. for the turnaround.

In short it is a confusing muddled mess, which I tend to think is exactly how the C.B.I. would prefer it in order to deter speculation.

Take for example the meeting of the Arab state bank governors that happened last week. When someone in the press was answering questions about a potential RV of the Kuwaiti Dinar the governor being questioned nearly attacked the man because the governor wanted to deter currency speculators.

That leads me to believe that none of us are going to really be aware of any definitive time frame info because the men pulling the strings are confusing the heck out of us all. They are doing a great job at it.

But, I guess you wanted the short answer---->good, bad and just plain ugly, I think it will be sometime in November, but I am hoping for this week and just praying that it will actually happen eventually. I'm not really worried as I can wait it out financially, but I sure would like to get some sleep instead of reading this board late at night...... Susie and everyone else do make it interesting though. Its just my opinion folks so take it for what its worth--->hot air. Anyhow, I'm rooting for next week--->c'mon the sweet release of sleep....

Originally Posted by TerryTate

Well, ask me an easy question why don't ya...lol.

My answer is somewhat of a cop out on this screwball, but if you read it all I think you'll get my drift.

I have 3 different levels of opinions when it comes to the reval and I classify them as follows:

1. What I see: The items that fall into this category are mostly due to the articles, newspaper and tv pictures and general information coming out of Iraq, mostly from this site dug up by our newshounds. Because of this information I am of the opinion that the RV has to be very, very close, i.e. weeks, instead of months...

2. What I feel: This opinion is generated by the way I see Iraqi's living. It is hard for me to believe that they can continue to endure much more, so I tend to believe that something has to give. Either the people will get something positive or they will essentially implode. This also tends to point towards a sooner reval, but I have been thinking that for awhile now. So, it looks like the Iraqi people will put up with a lot, and thus the RV doesn't happen even though it should.

3. What I hear: Mostly what I hear is negative from mostly uninformed or intentionally misleading statements issued by people with agendas against the U.S.A. or the Republicans, or George Bush, or a combination of two or all three. These opinions tend to say that we need to get out quick, usually around the end of this year, so that leads me to believe that the RV will have to happen before the end of the year or everything is going to go to hell in a handbasket after we pull out. In short if Bush wants any kind of victory, economic prosperity should return to Iraq prior to a pullout, otherwise no credit will go to him, the Republicans or the U.S.A. for the turnaround.

In short it is a confusing muddled mess, which I tend to think is exactly how the C.B.I. would prefer it in order to deter speculation.

Take for example the meeting of the Arab state bank governors that happened last week. When someone in the press was answering questions about a potential RV of the Kuwaiti Dinar the governor being questioned nearly attacked the man because the governor wanted to deter currency speculators.

That leads me to believe that none of us are going to really be aware of any definitive time frame info because the men pulling the strings are confusing the heck out of us all. They are doing a great job at it.

But, I guess you wanted the short answer---->good, bad and just plain ugly, I think it will be sometime in November, but I am hoping for this week and just praying that it will actually happen eventually. I'm not really worried as I can wait it out financially, but I sure would like to get some sleep instead of reading this board late at night...... Susie and everyone else do make it interesting though. Its just my opinion folks so take it for what its worth--->hot air. Anyhow, I'm rooting for next week--->c'mon the sweet release of sleep....

Very concise and eloquently spoken.

I agree totally. I have a very good friend stationed in a northern suburb of Baghdad. He's my age, went to the same high school. He's a helicopter pilot and when he was in town a few weeks ago (to go to his grandfathers funeral) I asked him what he thought about the future of Iraq. He said he thought it was a lost cause. No words of encouragement from him whatsoever.

I can only sit back and watch things unfold. Nothing we do or say here on these forums will change the course.

Good thing I'm eternally optimistic!

Thank you for your viewpoint. I appreciate it.

Originally Posted by TerryTate

Well, ask me an easy question why don't ya...lol.

My answer is somewhat of a cop out on this screwball, but if you read it all I think you'll get my drift.

I have 3 different levels of opinions when it comes to the reval and I classify them as follows:

1. What I see: The items that fall into this category are mostly due to the articles, newspaper and tv pictures and general information coming out of Iraq, mostly from this site dug up by our newshounds. Because of this information I am of the opinion that the RV has to be very, very close, i.e. weeks, instead of months...

2. What I feel: This opinion is generated by the way I see Iraqi's living. It is hard for me to believe that they can continue to endure much more, so I tend to believe that something has to give. Either the people will get something positive or they will essentially implode. This also tends to point towards a sooner reval, but I have been thinking that for awhile now. So, it looks like the Iraqi people will put up with a lot, and thus the RV doesn't happen even though it should.

3. What I hear: Mostly what I hear is negative from mostly uninformed or intentionally misleading statements issued by people with agendas against the U.S.A. or the Republicans, or George Bush, or a combination of two or all three. These opinions tend to say that we need to get out quick, usually around the end of this year, so that leads me to believe that the RV will have to happen before the end of the year or everything is going to go to hell in a handbasket after we pull out. In short if Bush wants any kind of victory, economic prosperity should return to Iraq prior to a pullout, otherwise no credit will go to him, the Republicans or the U.S.A. for the turnaround.

In short it is a confusing muddled mess, which I tend to think is exactly how the C.B.I. would prefer it in order to deter speculation.

Take for example the meeting of the Arab state bank governors that happened last week. When someone in the press was answering questions about a potential RV of the Kuwaiti Dinar the governor being questioned nearly attacked the man because the governor wanted to deter currency speculators.

That leads me to believe that none of us are going to really be aware of any definitive time frame info because the men pulling the strings are confusing the heck out of us all. They are doing a great job at it.

But, I guess you wanted the short answer---->good, bad and just plain ugly, I think it will be sometime in November, but I am hoping for this week and just praying that it will actually happen eventually. I'm not really worried as I can wait it out financially, but I sure would like to get some sleep instead of reading this board late at night...... Susie and everyone else do make it interesting though. Its just my opinion folks so take it for what its worth--->hot air. Anyhow, I'm rooting for next week--->c'mon the sweet release of sleep....

May I throw in a few lines?

Thank you. :)

1. The budget was approved with an exchange rate of 1260. That's only 12 points from what we has last week and this week. Why the dragging? As CBI proved before, they could get the rate to 1260 in one or two shots....

2. ISX to open on April 15th, with no trading on the 11th - something here?

3. We know the FIL is enacted, but there is no sign of its implementation except governmental contracts - still waiting on procedures - something is holding

4. CBI sets rates for 2-4 days at a time. While the rate doesn't change, CBI buys dinars big time , prices " stable" on the market, but see point 6

5. ICI on May 3rd - if contracts signed and debt forgiveness implemented, shouldn't we have a new rate by then?

6. Why announce a new Monetary Policy, why have a Banking Conference in Amman about it ( with no specific news following) and why articles showing up telling people to hold on buying goods, unless strictly necessary? If the new rate would be 1260 ( from 1271), how much will it impact the market price?

7. On a bigger scale, the dollar took another beating today...we need that oil in Iraq to sustain it...and we need it fast... pegging to the dollar needed ASAP...I don't believe that ever the Iraqi oil will be sold in Euros ( yes, for debt forgiveness pourposes, it will be sold also in dinar, but that's another story)

It is a puzzle, but we can't stop wondering about these, can we?

I was also thinking about the rumours ...dealers are still selling dinar...banks are still seling dinar...in my opinion they are not better informed than us and they will be just as surprised as we will be when it happens. So , if the dealer still sells dinars, it is not because an RV is not close, but it would be mostly because they have no clue how close it is - just like us.

All right, I am done...phhheww...Someone, give me a beer!

And please someone correct me where I am wrong. So I get it out of my head.

Wheeeeeeeu!!!!!
I'll drink a beer with ya and I'll buy
I think a beer is $1500 dinars??????

Very concise and eloquently spoken.

I agree totally. I have a very good friend stationed in a northern suburb of Baghdad. He's my age, went to the same high school. He's a helicopter pilot and when he was in town a few weeks ago (to go to his grandfathers funeral) I asked him what he thought about the future of Iraq. He said he thought it was a lost cause. No words of encouragement from him whatsoever.

I can only sit back and watch things unfold. Nothing we do or say here on these forums will change the course.

Good thing I'm eternally optimistic!

Thank you for your viewpoint. I appreciate it.

I was a crewchief (Huey) for 8 years in the USMC.

Dangerous, dangerous job.

Outlived my life expectancy somehow.

Let's hope your friend makes it out of his profession in one piece!

May I throw in a few lines?

Thank you. :)

1. The budget was approved with an exchange rate of 1260. That's only 12 points from what we has last week and this week. Why the dragging? As CBI proved before, they could get the rate to 1260 in one or two shots....

2. ISX to open on April 15th, with no trading on the 11th - something here?

3. We know the FIL is enacted, but there is no sign of its implementation except governmental contracts - still waiting on procedures - something is holding

4. CBI sets rates for 2-4 days at a time. While the rate doesn't change, CBI buys dinars big time , prices " stable" on the market, but see point 6

5. ICI on May 3rd - if contracts signed and debt forgiveness implemented, shouldn't we have a new rate by then?

6. Why announce a new Monetary Policy, why have a Banking Conference in Amman about it ( with no specific news following) and why articles showing up telling people to hold on buying goods, unless strictly necessary? If the new rate would be 1260 ( from 1271), how much will it impact the market price?

7. On a bigger scale, the dollar took another beating today...we need that oil in Iraq to sustain it...and we need it fast... pegging to the dollar needed ASAP...I don't believe that ever the Iraqi oil will be sold in Euros ( yes, for debt forgiveness pourposes, it will be sold also in dinar, but that's another story)

It is a puzzle, but we can't stop wondering about these, can we?

I was also thinking about the rumours ...dealers are still selling dinar...banks are still seling dinar...in my opinion they are not better informed than us and they will be just as surprised as we will be when it happens. So , if the dealer still sells dinars, it is not because an RV is not close, but it would be mostly because they have no clue how close it is - just like us.

All right, I am done...phhheww...Someone, give me a beer!

And please someone correct me where I am wrong. So I get it out of my head.

Boggles the mind, doesn't it?

To answer all of your questions....

A logical move points to RV before all of those events.

The only thing is, CBI is not known for acting logically.

So this may still take a while.

For some weird reason no one (probably not even CBI) knows.

Originally Posted by The_Mad_Scot

Boggles the mind, doesn't it?

To answer all of your questions....

A logical move points to RV before all of those events.

The only thing is, CBI is not known for acting logically.

So this may still take a while.

For some weird reason no one (probably not even CBI) knows.

And please someone correct me where I am wrong. So I get it out of my head.

Maaan, your answer got them ALL out of my head!!

Originally Posted by ALL IN

Wheeeeeeeu!!!!!
I'll drink a beer with ya and I'll buy
I think a beer is $1500 dinars??????

Anytime, buddy, anytime!