Thread: Iraq/Dinar News. 09/05 to 01/14/07

Originally Posted by postcon

Is it possible that Iraq is adhering to IMF's target rate of 1365 (not sure of the exact mentioned rate) and is actually on course to meet the target by the year end hence the low decrements in dinar value over the last couple of weeks or so?

Originally Posted by RetMil

the IMF target rate is 1345. I don't know where any other number comes from but it is 1345.

Thanks for pointing that out. I did state in my original message that I wasn't aware of the exact rate. Either way, I think most people knew what I was trying to convey.

Originally Posted by PaulieThaGreat

What if speculation is the key to Iraq's long-term success?

Paulie: I first hit the "Thanks" button for Gloribee's post #163 and then thanked her for the "IQ Test for Dinar Holders" link at the bottom of her post - it may even be part of her siggy. It's one of those "if a plane crashes on the border of Canada and the US, where do they bury the survivors?" kind of test. It's a great momentary diversion from the violence, misreports by MSM's, and nerve-wracking waiting game until the RV hits. Sorry if my response was confusing. Most of my life is confusing, now that I'm unable to work...Oops! I need more water: my glass is still just over half-full and I like it at least 3/4's!

I found this statement while researching Foreign Investment Laws of other countries. This was under the facts surrounding Russia's FIL and thought I would post it FYI.

The extent to which the currency of the foreign country is convertible
into the currency of other countries.

A country's integration into world markets is highly dependent upon the
convertibility of its currency. The greater the extent of currency
convertibility, for both trade and investment purposes, the greater are
the supply and demand forces linking domestic market prices in the country
to world market prices. The greater this linkage, the more market-based
domestic prices tend to be.

R/V prior to FIL? IMO...Yes

Cheers!
DayDream

Originally Posted by MrsCK

Opps50 I see that you are a Senior Member so you have been around awhile plus you have posted 142 times. So I would think by now that if you don't agree with someone's post just ignore it. No negative comment back.

Also this brings me to a Major Point that we all need to stop and REMEMBER. As a Parent raising two sons there were times as a parent we had to make a decision or judgement call. We made these decision/judgement calls on the FACTS that we knew OF at that time. Now days or weeks or months later we found out MORE FACTS about that decision/judgement call. So as parents - IF WE WOULD HAVE HAD ALL FACTS AT THAT TIME - we may have made a different decision or call. Being a Parent raising kids is the same as the dinar investment. WE DON'T KNOW ALL THE FACTS ON HOW IRAQ GOVERNEMENT IS GOING TO DO THINGS - we have had to make JUDGEMENT CALLS on the Facts we get from Iraq News, contact, experts, etc. Oh it would be so much easier if the Iraq government would have give a time line 3 years ago stating everything that needed to happen BEFORE AN RV. Then we all could have just showed up Dec. 1, 2006 and said "Wow, 10 more days to go for the RV or whatever time"

BUT we all need to remember - if it was not for some that has spend days, months and even years researching, many of us would have NO CLUE what to look for in the news that we read. So some dates have come and gone, it doesn't change that it will NOT RV one day. We just have to continue to wait and read, examine, rip part anything out of iraq to come up with a date or time of RV.

So until somebody can walk into the Iraq President office or the CEO of CBI and point blank ask them "what day you going to RV?" Lets not bash people that have "really" busted their tail to get us at this point in time.

Between now and DEC. 15TH WILL BE FUN to see what may take place. So everyday is a.............


FARM JIGGGGGGGGGGGG
KITTY WIGGLEEEEEEEEEE
AND ANY OTHER DANCE WE HAVE STARTED!!!!!!!!!!


Now grandma will get off her soap box.

Cheers
Chris

Most soap boxes these days are made of cardboard, so step down carefully, one gramma to another!

Originally Posted by RetMil

the IMF target rate is 1345. I don't know where any other number comes from but it is 1345.

If that's the case, then at their current rate (approximately 2 dinars per day), they'll fall short of their mark by 31 - Landing at 1376. Maybe that's close enough for the CBI, et al., but if they're aiming for 1345 by the end of the year, a couple dinar gain per day ain't enough.

Originally Posted by postcon

Thanks for pointing that out. I did state in my original message that I wasn't aware of the exact rate. Either way, I think most people knew what I was trying to convey.

Just setting the record straight. The problem is that I have seen numerous posts with several different numbers. You just happen to be the latest. I think it's important that we have 1345 correctly because when it gets down the these false higher numbers and nothing happens folks are going to wonder why. I think we need to be as accurate as possible now due to the higher state of emotions the closer we get.

Why are so many posts so testy today? Is it the post weekend let down of another week gone by without the reval? Just think of it this way, WE ARE ONE DAY CLOSER TO THE REVAL !!! We have much to look forward to !! Neno is going to have alot of "stuff" to clean out and move to other threads. It will come folks, after all this time we can't allow ourselves to slide into the muck of the IIF and end up like those poor souls.

Originally Posted by MrsCK

Between now and DEC. 15TH WILL BE FUN to see what may take place. So everyday is a.............


FARM JIGGGGGGGGGGGG
KITTY WIGGLEEEEEEEEEE
AND ANY OTHER DANCE WE HAVE STARTED!!!!!!!!!!


Now grandma will get off her soap box.
Cheers
Chris

I was thinking about a "Sheep Boogie"!!

Originally Posted by WebGuy75903

If that's the case, then at their current rate (approximately 2 dinars per day), they'll fall short of their mark by 31 - Landing at 1376. Maybe that's close enough for the CBI, et al., but if they're aiming for 1345 by the end of the year, a couple dinar gain per day ain't enough.

I think you'll be seeing a rate of more than 2 per day. I think today was 3.

You are right on Dear.................I love the facts and nothing but the facts with a little bit of personality thrown in for good measure.....go dinal rv