Iraqi Dinar Guru 5-10-2013 Chats…
5-10-2013 Iraqi Dinar Guru Tlar One more thing. Dr. Bakri was hired by the CBI to train and educate the people of a coming event. If you read his statements he describes this event in detail. It is an event he says is where a thousand dinars today will be a thousand dinars tomorrow. He gives examples so as to make it clear. Shabibi was concerned about the first few days following this event. He said anyone found taking advantage of the situation would be prosecuted. How do you take advantage of a free float? There should be no confusion if the currency starts at 1166. It’s just business as usual. One can only take advantage in a scenario where the currency value has drastically changed and the buyer has not aware of it yet. [post 4 of 4]
5-10-2013 Iraqi Dinar Guru Tlar It is only if there is an expectation of a major shock to the system, going from where the currency value is, instantly to a much higher exchange that people would need to be educated on what to expect. It is the shock of dropping the zeros and releasing the smalls all at once, that would require showing the money changers what the new system would be, that would require training and understanding. Nobody has to be trained on slow growth. It is automatically learned as it is experienced. So my question is this, why are they holding these Symposiums at all? In a free float situation they seem totally out of place. [post 3 of 4....stay tuned]
5-10-2013 Iraqi Dinar Guru Tlar A free float is a stair step process. Nobody has to train you that the yaun just increased in value. You will see it in the next VCR you buy. So to train people on the final obvious conclusion seems silly to me. My point is this, as the existing currency attains a value that makes it too high to use it in day to day transactions because of the continual growth of the exchange rate, it will become painfully obvious to everyone that lower denominations will have to be introduced to maintain an orderly market. This event requires no special training. It is the natural result of the increasing value of the dinar. [post 2 of 4....stay tuned]
5-10-2013 Iraqi Dinar Guru Tlar Article: “Iraqi University maintains an extensive seminar delete zeros of the Iraqi currency” This article is interesting. Holding Economic Symposiums on the deletion of the zeros to educate the Association of money changers. These Symposiums have now been going on for more than a month. If the plan is to start a free float at 1000 to 1 or at 1166, and then let the currency be market driven and grow from there…At the point that the currency becomes too expensive and burdensome, they will obviously have to introduce the lower denominations. To train the Association of money changers on the deletion of the zeros seems strange to me, since with each incremental increase in the value of the dinar, everything will have to be adjusted to the prevailing exchange rate anyway at the time. [post 1 of 4....stay tuned]
5-10-2013 Iraqi Dinar Guru Adam Montana [do you think the RV will happen before Ramadan? If the RV does not happen by then I think we may have to wait at least one more year but I hope not, what do you think?] I’m 50/50 on “before Ramadan”, but that doesn’t mean we are SOL until next year if it doesn’t happen before Ramadan. There’s still a lot that can be done in the 2013 year.
5-10-2013 Iraqi Dinar Guru Bluwolf All three responses was just what I wanted to here from these fine gentlemen for I always told them when the time comes and you cannot speak of the subject give me a heads up a lain excuse, by the way I change the names in order to protect the innocent get my drift. [post 2 of 2]
5-10-2013 Iraqi Dinar Guru Bluwolf I did a routine calling to certain folks at there banks. 1 – Hi may I please speak with Mr. Smith, answer sorry Mr. Smith is out if town and cannot be reach at this time. My response Aleluya. 2 – Hi can I speak with Mr. Rogers, answer Mr. Rogers cannot come to the phone right now for he has been in a lot if meetings since day break he said for you to please excuse him at this time. My response Thank You God Amen. 3 – Hi is Mr. Phillips in, answer yes he is sir, may I speak with him please, answer Mr. Phillips said to inform you that he is in the middle of a important international conference call and he does not wish to be disturb at this time. My response Yes Glory to God. [post 1 of 2....stay tuned]
5-10-2013 Iraqi Dinar Guru Kaperoni The other factor that has always needed to be considered is the dinar we hold. The dinar intentionally sold out of Iraq to rebuild the CBI’s own financial reserves. These dinar have to be accounted for. This reason alone prevents an overnight RV. The dinar sold out of Iraq has to enter “market circulation.” In other words, our dinar ( physical money) needs to get collected, validated and converted to electronic money and then enter the central banks around the world. Now you have the plan. Now you know…this will take time to achieve a high rate. The good new is its a float which means we can make alot of money watching the dinar rise. The bad news is, its not going to happen overnight as some state. I expect the dinar to be 1 to $1 by the end of 2013. Let’s hope anyway! [post 2 of 2]
5-10-2013 Iraqi Dinar Guru Kaperoni So now we have the CBI stating the exchange regime they expect to enter…”flexible exchange rate system orbit.” (which is a free float) and the IMF document clearly showing prior to the war the Saddam dinar was a float. Does it get any better than that? Are you convinced of what is about to come yet? The good news is, there is a plan for the dinar..and that plan does include raising the value of the dinar. And hopefully, at some point, the dinar will have a significant value greater than it has now. Which means as dinar holders, we can potentially profit greatly from that appreciation, but it’s going to take time. It is clear, that will not occur overnight. That an overnight RV of sorts is not monetary policy and is certainly not an “exchange regime” under the IMF. [post 1 of 2....stay tuned]
5-10-2013 Iraqi Dinar Guru TerryK JUST KEEP YOUR SHOES HANDY ALOT OF THINGS GOING DOWN AS WE SPEAK HAVE HAD 3 CALLS ALREADY THIS AM AND THE RATE IS ALOT HIGHER RUMORED THAN 11. WU WANTS A HIGH RATE AND I UNDERSTAND SHE GOT IT LAST NIGHT. UST AND IMF HAVE AGREED WHAT I HAVE BEEN TOLD. NOW I ASK HOW CAN IMF PULL THE TRIGGER THEN WU GO BACK AND GET A HIGHER RATE. SOME THING DOES NOT RING TRUE HERE. THINK ABOUT IT THATS ASS BACKWARDS.
5-10-2013 Iraqi Dinar Guru SWFloridaGuy I believe we have some exciting times ahead…With all the news we’ve seen recently regarding economic sanctions being lifted, plans to alleviate debt, reports that Iraq is the fastest growing economy in the world, funds being unfrozen etc., I’d say they’re in good shape moving forward. All of this is purely speculation obviously and while I’m obviously frustrated by the political turmoil and corruption, I’m extremely encouraged by the progress Iraq is making on an economic front, reform, Erbil talks, HCL progress among other things. [post 2 of 2]
5-10-2013 Iraqi Dinar Guru SWFloridaGuy …I do maintain that until…we have a somewhat stable GOI where the CBI can operate with proper over site and instruction from the IMF; this will put a temporary hold on any said economic reform projects, especially considering it’s possibly the most vital financial development in history. I’ll be the first to tell you I don’t have a clue what the CBI is going to do but I do recognize that there is no other country that presents an opportunity like that of Iraq. Whether it’s long term with steady gains (like we have already witnessed), or a historic large currency appreciation shock that will not only shock the world but serve as a global stimulant in during this economic crisis. [post 1 of 2....stay tuned]
5-10-2013 Iraqi Dinar Guru Bluwolf I am sure that everyone out there that have dinars are feeling just about now like a kid on Christmas eve. All are expecting, be it presents, be it something specific, something they were hoping for for the longest time. Yes the energy that is out there is of that approach. People what I want to express is that we are the closest we have ever been to this blessing. In few hours or in a few days you will get to gasp the prosperity of God. Merry Christmas, Bluwolf.
5-10-2013 Iraqi Dinar Guru Adam Montana [Im reading articles that say that it would not be in our best interest to delete 3 zeros from the currency and then others that say the complete opposite. My question to you is what would be in our best interest?] well, “deleting the 3 0s” is a neutral event – it doesn’t do them any favors, and it doesn’t do us any good. If that happens, the most we could really expect would be to triple our investment… not exactly worth waiting 10 years for however, if they raise the rate and THEN remove the 0’s from the currency, that would be the “RV” that we want… and that’s just fine.