Iraqi Dinar Guru 8-16-13 Chats…
8-16-2013 Iraqi Dinar Guru Bear5642 there has been some new intel come to me from a born and raised Iraqi married to an American woman here in the US. He told his family yesterday that come the first week of September they will all be very wealthy and prosperous people because of the revalue of the IQD. they responded that people are saying this week, he said no it will not happen till the first week of september and they needed to maKE PREPARATIONS TO RECEIVE THE WEALTH.
8-16-2013 Iraqi Dinar Gurus Delta, Franks26 & Eagle1 [Date & Rate Opinion] Summary: Delta – Date: September* Rate: in Iraq $0.86 – $1.16 Rate for Int’l Investors: $0.86 – $1.16** VND: No Opinion…Frank26 – Date: Any time Rate in Iraq: Will look like 1:1 Rate for Int’l Investors: $1 – $4.25 VND: $0.01 – $0.03…Eagle1 – Date: Any Time Rate in Iraq: Will look like 1:1 Rate for Int’l Investors: $3.42 VND: $0.47 *Delta’s personal opinion is that the rate can come out at any time **Delta’s personal opinion is that the rate will be in the $3 + range, but Delta told the information that the MoF aide gave to him; Delta would not alter or mis-inform what he was told by the MoF aide, he reported honestly what he was told, although his personal opinion does not match the intel the aide gave to him.
8-16-2013 Iraqi Dinar Guru Adam Montana [what is holding the VND from resetting if it has nothing to do with the Dinar?] I think the VND has less of an “explosive” potential than the Iraqi Dinar, so I don’t pay much attention to it – I do have some, but I don’t think it’s tied that close to the Dinar.
8-16-2013 Iraqi Dinar Guru Kaperoni So now we come down to the actual IMF docs with Iraq. Specifically the Article IV consultations. They clearly state they support the CBI’s target to “liberalize the foreign exchange” which is a precursor to a float. The only question left is the actual transition from the current pegged regime to the new float regime. This is know as a “exit” and can be either normal or disorderly. It really does not matter to us, but may effect the timing. I do expect once the dinar hits the foreign exchange market it will rise fairly quickly… [post 3 of 3]
8-16-2013 Iraqi Dinar Guru Kaperoni Now, to the main event…the float…the AMF (Arab Monetary Fund) and the CBI (Central Bank of Iraq) have stated they plan to implement a “floating orbit of exchange” which is a free float. Now this is where it gets good…the fact is the IMF has encouraged all emerging market economies since 1973 to float their currencies…its a fact! …the IMF no longer sets what is known as “par” values for currencies. They prefer to let the market dictate the rate..and that is going to be the fun part of the dinar investment once it starts to rise. [post 2 of 3....stay tuned]
8-16-2013 Iraqi Dinar Guru Kaperoni The Kuwait dinar never revalued…I think it was some kind of re-reinstatement. Many middle eastern countries have weak dinar. Saudi is .26 cents and is next to Iraq and Kuwait that is at 3.46 or so. UAE is also weak at 28 cents. So the argument that Iraq cannot have a weak currency is nonsense. I do agree that the Iraqi dinar will have a high value, it just is going to take time. [post 1 of 3....stay tuned]
8-16-2013 Iraqi Dinar Joke Guru TerryK HAVE SOURCES TELLING ME THAT WE MAY SEE THIS LATER TONIGHT IN THE WEEEE HOURS IN THE AM [FRIDAY]. I TALKED TO FRANK AT DINAR BANKER [STERLING] THIS AM, THEY TOOK OFF TONIGHT TO HAVE A BIRTHDAY PARTY FOR TYE. NOTHING TO DO WITH THIS RUMORED RV.