February 2nd and 3rd are combined in our “Weekend Edition” post. We will see rhetoric from the likes of several Hack Guru’s.
THIS IS THE POST FROM OUR SKYPE ROOM CHATS ON FEB 2-3rd (Weekend):
[2/2/2013 8:15:42 AM] MarcG.:
WELL, ONCE AGAIN DINAR GURU HAS COME THROUGH , PROVIDING THE BEST IN B.S. ENTERMAINMENT…….READ AS THIS D.WAD PROVIDES US WITH THE ….OH, LOOK THE SKY IS FALLING THEORY.
2-2-2013 Newshound/Intel Guru Flashing rumors and news are excellent…dealers are expecting it anytime now and…one of them said it already rved, but they are just waiting for the international release of the new rate…again rumors rumors…imo we r close but i don’t have any evidence about an internal rv…some sources are saying tomorrow night is our night. again those r just rumors. they insisted the rate will be between 5 and 12 for the iqd and .27 to .57 in vnd. there is no holdups. it will be worldwide at the same time…rumors [are] from trustable sources…expecting anytime now.
Read more: http://www.dinarguru.com/index.html#ixzz2Jl7EBFOQ
[2/2/2013 9:11:33 AM] Mr. IQD: NOT TO NITPICK FLASHINGS’ EXCELLENT PROSE – HOWEVER IS “TRUSTABLE SOURCES” PROPER GRAMMAR???!!!…….. LOL!!!!
[2/2/2013 9:11:53 AM] Mr. IQD: (cool) :O (inlove)
[2/2/2013 9:46:55 AM] OW: (rofl) never let these Guru cease to amaze
[2/2/2013 12:01:07 PM] MarcG.: WELL, THIS ONE TAKES THE (^)
[2/2/2013 12:01:19 PM] MarcG.: TQueezy ” *** ^^IT RV-ED!! ^^***” – Post From Dinar Vets
TQueezy Posted Yesterday, 11:45 PM said: I just got a call from one of my sources. It’s someone high up with direct connections to the CBI.
It’s a done deal. Friday, banks closed, pushed the rate modification process upload through the server. Once it goes on the forward facing, and once all banks are back to operational hours, people should see the free exchange for IQD.
It’s a managed float, so you may not see any improvement for awhile. They have enough to back it at it’s current rate without it falling too much. Might drop to 1200 / 1, but will soon increase beyond that. No real time frames for a good cash-in rate, but expect a couple weeks. I’d say exchanges at $1.56 / 1 by mid Feb.
So happy! Our ride is at the end. Stick with it guys, this is over soon. Woohoo!!!
TQueezy, on 01 February 2013 – 08:55 PM, said: Float systems, can go either way. In some cases initial trading could lead it down, but I think there’s enough demand to cause the price to appreciate rapidly.
Read More Link On Right
easyrider I Anti- Lopster Posted Yesterday, 11:59 PM said: If its a managed float i doubt it would drop also i would think Iraq would like to put some true value on their currency and then let it float from there. Now a free float would be different because it would allow the markets to determine where it goes but i highly doubt they are going to go that route imho.
TQueezy Posted Today, 12:03 AM said: I kinda personally don’t believe it will drop, but it’s entirely possible. I think the CBI could do a push-RV at like 100/1, but is going with a managed float to showcase the Dinar’s strength with the country’s resource backings, gold, natural gas, oil (obviously), etc.
Question for everyone…
Is is acceptable they would managed float it, given the sensitive nature of the world’s economy and wanting to be cautious? Gotta ask yourself that if you doubt why they would employ this method.
easyrider IPosted Today, 12:06 AM said: this is why i believe they will come out at a staging rate instead of letting it foat at 1166 or as many say 1000:1 i dont see them doing this for many reasons dealing with the ISX, paying their own loans and providing jobs to the citizens.
staunch, on 01 February 2013 – 10:04 PM, said:i know i am going to get clobbered for this, but if it’s a done deal, why is it in the rumor section?
TQueezy Posted Today, 12:09 AM said: I have no way to prove it legitimately. No articles, web pages, nothing you can use to verify my info. The nature of a rumor, except I fully trust this to be true. If the infinitesimally small chance this is not true ends up being what happens, I’ll be truly disappointed…
dontlop, on 01 February 2013 – 10:12 PM, said: i cant wait to se the new lower denominations .. they must be ready
TQueezy Posted Today, 12:15 AM said: Not for awhile mon frere. Gotta wait for the budget allocations for the printing contract so the new lower denomination notes can be printed and start getting shipped back to Iraq. Couple weeks past the budget, but you can bet your sweet asses they’ll be express overnighting those bills.
rsskelton, on 01 February 2013 – 10:22 PM, said: I, like you, doubted that a free float would happen,; However after closely reading Hoosiers bank story ( about 100 times ) I began to see that as a possibility. When his banker talked about only cashing in limited amounts, a free float made sense. I only say that because if every dinar holder rushed in with an unlimited supply, it seems to reason that it would tank immediately on a free float, thus the limits on cashing in. That of course is JMO. RSS
Queezy Posted Today, 12:27 AM said: I think, in this sense, that the “managed” part of managed float means they will let it free float but intervene if things get ridiculous and spur inflation beyond control? Maybe? I don’t know, to be honest. It may very well just be a full-on free float, but my guy says CBI is still cautious and worried about bringing hyperinflation back or crippling their reserves or extending themselves beyond their asset-backings.
TQueezy Posted Today, 12:36 AM said: Called my brother, who was the one who got me into this investment through his good friend (the guy who called about the info), he’s super excited, talking about plans. I hope this is the truest of trues everyone, I really do. God knows I need it to be true… I don’t see a reason why the CBI can’t put it on a free float. He’ll, I’d take any float, even a root beer float.
BJinMontreal, on 01 February 2013 – 10:36 PM, said: Thanks again TQueezy … I have to be up in 5 hours – but it sure would be nice to have confirmation tomorrow or in the coming days that your source was right
TQueezy Posted Today, 12:39 AM said I agree! Said: I just don’t want to personally be a victim of the “dang it, told thousands of people something when my source wasn’t reliable or got the wrong thing told to him” type of scenario. Too many times have I seen that. Almost didn’t want to post in case that’s what happens… The budget not being passed and no HCL and Ch.7 made me very hesitant to post anything. But lots of reasons too why this is entirely probable right now. Let’s do this!
TQueezy Posted Today, 12:59 AM said: I can guarantee my source is not any of the online “Gurus”. In fact, he is pretty amused by the amount of straight-out lies that those guys spew. Some of them aren’t always that far off the mark, he says, but typically like to embellish things a little based on the info they receive. Sounds about right to me…
Markinsa, on 01 February 2013 – 11:00 PM, said: Has anything been said about issuing the Lower Denominations?
TQueezy Posted Today, 01:16 AM said: I didn’t hear anything from him directly about LDs, but my guess is that they are in place for printing as soon as the budget is fully approved and signed-off on by all the required members of the government, then the printing companies can get the OK and start the presses.
Maybe a couple weeks for the bills to get back to Iraq in time to address any shortages from people exchanging in their USD for Dinar if the value has evened out that much or surpassed the USD like we expect it to.
That dollarization was good for something, wasn’t it? To get their market flooded with USD so they’d have to exchange the dollars back for dinar once their dinar goes up in value. And that USD can be added to the foreign currency reserves to back up the value even more 🙂
Darin, on 01 February 2013 – 11:12 PM, said: I assumed your source was an offline type person, however, I was just concerned that your source was getting their information from those type of sources I think some rumors re-circulate based upon that.
Like a friend or relative gets their information from them so when you hear from that source you don’t verify where they got it from and find out that your source’s source is getting information from a b.s.’ing GURU. I am sure you know the drill and know that is likely the case in this instance.
But, with all that said, it seems that is a common way that most rumors occur from people who seem like they are being truthful and sincere from another source. Well, you get the drift…
I hope your source is an actual person or contact from within the borders that has a real good understanding of what is happening.
If this is accurate, I am quite excited myself to see some changes in rates. :)/>
TQueezy Posted Today, 01:16 AM said: Everything I know about this person leads me to believe he is getting his info directly from Iraq, CBI specifically, and that it is at a level almost parallel to his, so… for instance, this is just an example, if he was a bank president here, he would be getting the info from Shabibi, or the head of the Trade Bank of Iraq, etc..
[2/2/2013 10:32:52 PM] C & D Ventures: Darn it… I missed it again…… I keep missing that RV… kind of like Silvestor and Tweety Bird…
[2/3/2013 5:54:31 AM] MarcG.: [5:53:04 AM] MarcG.: FOUND THIS POST ON DINAR GURU’S………2-2-2013 Newshound Gurus Mike & L.J. Concerning the HCL and Erbil Agreement, the people were denied their % of profits by Maliki last year. It has come to pass, this year they should receive it. It’s been agreed upon. Moving forward! US troops were sent in to protect demonstrators. We are there to try to keep peace and prevent a civil war from happening when Maliki is ousted. Countries wanting to do business with Iraq are watching closely.
[2/3/2013 5:55:47 AM] MarcG.: NOW DOESN’T THIS SOUND AS IF SOMEONE ISN’T B.S. ing YOU????? NOW DATE OR RATE, JUST GOOD INFO……..STAY THIRSTY MY FRIENDS.
[2/3/2013 7:57:38 AM] Mr. IQD: IM JUST SOOOOOOOOO THIRSTY, MY FRIENDS……
[2/3/2013 8:24:24 AM] MarcG.: 2-3-2013 Newshound/Intel Guru Flashing some sources as well as dealers insisted the rv already occured. they have saying that since Thursday. they said they are just waiting for the international release. again those are rumors rumors rumors. iqd rate will be as per rumors within the range previously informed to u. becareful with ur decisions on the exchange process. the articles are great too. one of the major achievements imo is that USA and UK are supporting Iraq in their attempt to get released form ch 7..good news [Articles] : Iraqi economy in the world’s fastest-growing at a crossroads. another one: EU amends Iraqi sanctions: Specific restrictions on economic and financial relations with Iraq..
NEWBIE’S, PLEASE TAKE NOTES…….THE DICK WAD ABOVE IS A WACK JOB…….PLEASE REPEAT AFTER ME……..W A C K J O B……VERY GOOD , NOW REPEAT AS NEEDED…..
[2/3/2013 9:06:56 AM] C & D Ventures: Dealers names please – They wouldn’t keep their license if they are insisting a RV has happened and it hasn’t… so I want their names…. just sayin.
[2/3/2013 9:09:26 AM] MarcG.: NAMES WE SAY, DAMMIT TO HELL, WE NEED NAMES NOW!!!!!!
[2/3/2013 9:09:39 AM] C & D Ventures: lol
[2/3/2013 9:09:50 AM] MarcG.: NAMES
[2/3/2013 9:10:14 AM] MarcG.: AND WE MEAN IT!…..
[2/3/2013 9:10:47 AM] C & D Ventures: Wonder who Flashing is…. haven’t seen that name before… I wonder which recycled Guru this is
[2/3/2013 9:11:08 AM] MarcG.: ?????? ONCE A DICK ALWAYS A DICK
[2/3/2013 9:11:31 AM] C & D Ventures: Oh , so it is Richard is it…. lol
[2/3/2013 9:11:50 AM] MarcG.: I DON’T KNOW RICHARD
[2/3/2013 9:12:01 AM] MarcG.: ASK MR IQD
[2/3/2013 10:04:19 AM] Mr. IQD: They are clearly inventing new hack gurus so people can’t Google their name back in time and see that they said the same garbage!!! That is one reason I started the “This Day in RV History” on my main website!!! LOL!!!!