Now, what do you suppose would happen if I hadn't stated that it was just my opinion? Do you think everyone would just simply assume that it was speculation? OR...do you think it would set off a frenzy?
I rest my case.
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17-04-2007, 02:11 PM #161
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17-04-2007, 02:11 PM #162
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17-04-2007, 02:11 PM #163
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17-04-2007, 02:13 PM #164
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17-04-2007, 02:14 PM #165
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17-04-2007, 02:20 PM #166
So really my whole point here is that such a powerful statement, if not actually fact, should be clearly noted as an opinion in order to avoid ensuing chaos. I don't know about you guys but when I read a statement like....
"The main reason for a LoI would be for 1 big increase and not a slow and grow."
it sounds like factual information taken from somewhere else and not everyone who reads this forum is going to know that they should take everything in this thread as opinion or speculation, or, as the case may be...."flactulations" (excuse me)Last edited by ATMCSMD; 17-04-2007 at 02:22 PM.
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17-04-2007, 02:21 PM #167
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17-04-2007, 02:22 PM #168
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17-04-2007, 02:26 PM #169
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This is the speculation thread, get over it. The current rate is an artifical rate, FACT. Shabibi and Jabr have stated they want the rate to have parity with the dollar/return to their old rate, FACT. They have suggested giving their people a share of the oil wealth and giving them buying power, FACT.
It is highly unlikely they would be entering a letter of intent if they only wanted to move it to say 1000 to 1 as this could be done through a slow and grow increase.Zubaidi:Monetary value of the Iraqi dinar must revert to the previous level, or at least to acceptable levels as it is in the Iraqi neighboring states.
Shabibi:The bank wants as a means to affect the economic and monetary policy by making the dinar a valuable and powerful.
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17-04-2007, 02:26 PM #170
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