Thread: My Turn With My Source. {Friend}

Originally Posted by ChiefWealth53

I've heard all kind of different numbers for the RV.
.98 Euro that would equal about $1.30. $.33. $.67, etc.....

If this value is going to be used to sell oil, wouldn't it have to be a number comparible to the other Arab countries?

Bro thats a question nobody knows...it sure would be great if they would but what ive read and learned is that oil is traded in what they call petro dollars. to sell oil in dinars RVed at that price Its up to the dinar gods and the world politcal powers that will decide that factor...... Tank

Originally Posted by shotgunsusie

WOoT 4 NENO!!!!

ME TOO, ME TOO!!

Originally Posted by dinartank

What ever happened to his pediction of if you have a milion dinar by the summer you will be a millionare??? Reason I ask Is ok say they float the currency It could rise rapidly or crash. If they do a peg the rules are that the currency can only apprecaite at 4%. Am I right? A float could be dangerous as people could cash in then the currency could crash but at the same time could be bought up from big investors...this is a guessing game and is a pure gamble whether to hold out or cash in.

Do you know if the same rule applies for a peg to basket of currencies? Cause IMO this is what they would do....when you have that much oil, you gotta include that too in your peg, especially that the oil revenue is 90% of their total revenue...

Originally Posted by neno

he just PM'ed me for some info. Just so happend I was on the phone by a surprise call from my friend.

He told me the Market rate is at 1243 right now and it has been doing well. I ask about the RV this time bluntly.

He said that Iraq has been invited to a Arab Meeting next week were other countries will be arranging to reval their currency. And Iraq will be there. I told him that we read about this in a Article out of the Media just resently. He said believe that one. lol

I ask him on the ISX timing. He couldn't give me a timeline but said they are ready. I ask can you go in alittle more depth with me, He knows I want give it him. So he told me his Bank in Iraq freind said that Iraq will have to RV before the ISX Opening.

Now this next part is just his opinion, but I ask him for it. I Ask What Amount. And as always he is very timid on that and said he would say $.03 to $.05

I went on to say noway, big investors will buy up right. He laugh and said, tell all your people to hang on to their dinar, this will be a hook and grab. I said what is that? He said that people will cash-in so fast on that rate itself, that other countries banks will be jumping in like flies on stink to capitalise on their early short comings. This is when the Big Investors will come. The rate will climb and climb.

Ok that is mainly it. Hope this is all Cool with the Gang. If I ever get more, you know I will bring it.

What happened to the 1243 rate stated last night? Dannydinars post this morning it was 1274 same as yesterday morning?

Thanks Neno for the info. Please keep the updates coming.

Great News to wake up to!!

Thank you for all you do, and the great questions you asked your source last night.

My First -----WOOT!!!!!

Originally Posted by shotgunsusie

WOoT 4 NENO!!!!

I guess a WOoT is a good thing, so DITTO!!!

Originally Posted by Spoiledred

What happened to the 1243 rate stated last night? Dannydinars post this morning it was 1274 same as yesterday morning?

The market rate is different over there than that of the CBI rate which is the only rate that truely matters. Like go check onanda or mefan while there flucuations and prices follow the market.....I think right guys and gals? I know bro it confusing. Tank

The CBI for March 28, 2007..today was 1273

The ISX dropped off due to delay...www.isx-aman.com
read ISX pulse

Originally Posted by inquisitive1

The CBI for March 28, 2007..today was 1273

The ISX dropped off due to delay...www.isx-aman.com
read ISX pulse

Thanks for the clarification. I am wishing for one morning to wake up and see a post of 1 to 1 or better. Then I would be calling in a substitute teacher for I would be sick with joy and headed to the bank. Everyone says it will be soon. I do have faith.