25:1 By 15 January

Here is a post from over "there" by XXXXXXXXXXXXXX. I brought it over because it kind of jives with the new story out and the great things to happen on the 3rd Wednesday of January. He sounds well connected and rational by reading his other posts.:ro_emote:


25 to 1 from 5 sources

By XXXXXXXXXXXXXX @ XXX

My meeting in DC was fruitful. I now have confirmed through 3 deep sources in US that 25 to 1 is on the table. Sources are very well connected. 2 sources in Europe also confirm. 5 now corroborating at 25 to 1. 1 stayed at 100 to 1. Trying to firm up a date. 2 sources still point to Jan 15. Number crunchers all confirming these numbers are minimums. They say Shabibi set 4 to 1 by the end of 07 or sooner but unconfirmed. My only take is that it is no secret Shabibi wants direct foreign investment but needs to shake off indirect investors first. 4 to 1 is too high and I think it will be a tiered rv. 100 to 1 may only create more. Not good for a 4 to 1 goal if it is true. 25 to 1 makes more sense since it removes most speculators and invites direct investors. Members sent me messages asking about reprint. 3 sources investigated this thoroughly. They are well connected and conclude they would know this by now. Reprint not on any radars. GCC currency is for 2010. I am directing my attention to an IMF contact who is away for the holidays. You may send me any source information you want to disclose. Private info will remain so. One member so far said there is a buzz with US senior officials in Iraq. Leonard

Please correct me if I am wrong but I seem to remember a post a while back that said that XXXXXXXXXXXXXX @ XXX goes by another name here at RolClub or perhaps another forum. Am I remembering correctly and if yes, does anybody remember who that would be? Perhaps it was Dr. Cashflow, that seems to ring a bell. Help please!

what is 25 to 1. explain please

i am new to this.
thank you
kidist

I deleted this Thread, then I undeleted it. You need to make sure you are following Rolclub's TOS Rules for the forum: http://www.rolclub.com/rolclub-rules...rules-tos.html . Thanks

Quote:

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Originally Posted by texaslonghorns

Here is a post from over "there" by XXXXXXXXXXXXXX. I brought it over because it kind of jives with the new story out and the great things to happen on the 3rd Wednesday of January. He sounds well connected and rational by reading his other posts.:ro_emote:


25 to 1 from 5 sources

By XXXXXXXXXXXXX @ XXX

My meeting in DC was fruitful. I now have confirmed through 3 deep sources in US that 25 to 1 is on the table. Sources are very well connected. 2 sources in Europe also confirm. 5 now corroborating at 25 to 1. 1 stayed at 100 to 1. Trying to firm up a date. 2 sources still point to Jan 15. Number crunchers all confirming these numbers are minimums. They say Shabibi set 4 to 1 by the end of 07 or sooner but unconfirmed. My only take is that it is no secret Shabibi wants direct foreign investment but needs to shake off indirect investors first. 4 to 1 is too high and I think it will be a tiered rv. 100 to 1 may only create more. Not good for a 4 to 1 goal if it is true. 25 to 1 makes more sense since it removes most speculators and invites direct investors. Members sent me messages asking about reprint. 3 sources investigated this thoroughly. They are well connected and conclude they would know this by now. Reprint not on any radars. GCC currency is for 2010. I am directing my attention to an IMF contact who is away for the holidays. You may send me any source information you want to disclose. Private info will remain so. One member so far said there is a buzz with US senior officials in Iraq. Leonard

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Quote:

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Originally Posted by texaslonghorns

Here is a post from over "there" by XXXXXXXXXXXXXX. I brought it over because it kind of jives with the new story out and the great things to happen on the 3rd Wednesday of January. He sounds well connected and rational by reading his other posts.:ro_emote:


25 to 1 from 5 sources

By XXXXXXXXXXXXX @ XXX

My meeting in DC was fruitful. I now have confirmed through 3 deep sources in US that 25 to 1 is on the table. Sources are very well connected. 2 sources in Europe also confirm. 5 now corroborating at 25 to 1. 1 stayed at 100 to 1. Trying to firm up a date. 2 sources still point to Jan 15. Number crunchers all confirming these numbers are minimums. They say Shabibi set 4 to 1 by the end of 07 or sooner but unconfirmed. My only take is that it is no secret Shabibi wants direct foreign investment but needs to shake off indirect investors first. 4 to 1 is too high and I think it will be a tiered rv. 100 to 1 may only create more. Not good for a 4 to 1 goal if it is true. 25 to 1 makes more sense since it removes most speculators and invites direct investors. Members sent me messages asking about reprint. 3 sources investigated this thoroughly. They are well connected and conclude they would know this by now. Reprint not on any radars. GCC currency is for 2010. I am directing my attention to an IMF contact who is away for the holidays. You may send me any source information you want to disclose. Private info will remain so. One member so far said there is a buzz with US senior officials in Iraq. Leonard

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IMHO. The problem with these nembers is that speculators DO NOT care what the preice level is currently. While a 4 to 1 may eliminate us small investors, but the rest of the financial world has considerable resources backing them and they only care if the market is going to MOVE! In this case appreciate. The CBI has waited too long to appreciate this currecny and now they have a serious dilemma, the currency is going to move, the street price is already ahead of the official exchange rate, and the world has its eyes of this investment once it exceeded 10%. What are they to do? The pressure is on and they know it. What we need to do is hang on and enjoy the upcomming ride. Thank You.

Quote:

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Originally Posted by kidist

what is 25 to 1. explain please in simple english
What is Shabibi?
i am new to this.
thank you
kidist

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25 to 1 is romur about the exchange rate that has just been posted from another forum.

Shabibi is like Alan Greenspan was here in the US.

Since you are new. I would suggest this Link to you: http://www.rolclub.com/iraqi-dinar-d...inar-news.html

I hope this all helps. :ro_emote:

Quote:

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Originally Posted by Wm.Knowles

IMHO. The problem with these nembers is that speculators DO NOT care what the preice level is currently. While a 4 to 1 may eliminate us small investors, but the rest of the financial world has considerable resources backing them and they only care if the market is going to MOVE! In this case appreciate. The CBI has waited too long to appreciate this currecny and now they have a serious dilemma, the currency is going to move, the street price is already ahead of the official exchange rate, and the world has its eyes of this investment once it exceeded 10%. What are they to do? The pressure is on and they know it. What we need to do is hang on and enjoy the upcomming ride. Thank You.

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and keep in mind that most of these people who pass on information are with the U.S. GOVERNMENT or connected to it. since the us govt. isnt the ones who are setting the price i dont understand how they keep thinking they know. it should be posted as 'we want' not 'this is what is going to be'. weve seen time and time again when the usa thought they had iraq under control and a wrench was thrown in.

if i recall this post from xxxxxxx xxxxxxx is an old post. it was ressurrected to ask him if he had any further info. from my reading-he doesnt. lets see 25:1 = 4 cents. 4:1 = 25 cents. hope this helps.

Quote:

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Originally Posted by Wm.Knowles

IMHO. The problem with these nembers is that speculators DO NOT care what the preice level is currently. While a 4 to 1 may eliminate us small investors, but the rest of the financial world has considerable resources backing them and they only care if the market is going to MOVE! In this case appreciate. The CBI has waited too long to appreciate this currecny and now they have a serious dilemma, the currency is going to move, the street price is already ahead of the official exchange rate, and the world has its eyes of this investment once it exceeded 10%. What are they to do? The pressure is on and they know it. What we need to do is hang on and enjoy the upcomming ride. Thank You.

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Good to see you posting on Jan 1st. Happy New Year to you and all of our Rolclub family. Now for my question(s).

It would appear that the cbi is either unaware of their current situation, uncaring, or controlled by an outside influence (ie IMF, World Bank etc.) If the latter is true, then what based on your above post is the right move based on the big boys vs the cbi? It appeared by your comments, that you felt 25/1 or 4/1 was too low. You mentioned the cbi has a "serious dilema" in that the big boys want to know if the currency is going to move. Hopefully you aren't referring to the (pitiful imo) 150 point move the dinar has made recently. When the public officals made the statement that there was going to be a "significant move in the dinar by the end of 2006", I don't know about you but 1/10 of 1 us cent isn't very significant in my book and doesn't seem to fit with the statement imo.

We read in recent articles about them wanting a stable currency and about worrying about "a run on the local currency". In your opinon if they stay with their public statements and adjust the dinar to the 1260 dinar = 1 usd for the first 3 months of 2007, what would that do their economy? For heaven's sake that is only appreciating the dinar to only .00793 usd not even 1 us cent. How does that fit with all of their stated goals and objectives for 2007 and allow them to reach their lofty stated goals and objectives?

It would appear to me, that a sudden bold adjustment is the best way for them to proceed forward if they really do want to address their countries needs. What could be the possible hold up now in your opinon?

Thanks,

worf

in fact that was posted by XXXXXXX XXXXXXX on 11/27/06.

Quote:

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Originally Posted by worf

Good to see you posting on Jan 1st. Happy New Year to you and all of our Rolclub family. Now for my question(s).

It would appear that the cbi is either unaware of their current situation, uncaring, or controlled by an outside influence (ie IMF, World Bank etc.) If the latter is true, then what based on your above post is the right move based on the big boys vs the cbi? It appeared by your comments, that you felt 25/1 or 4/1 was too low. You mentioned the cbi has a "serious dilema" in that the big boys want to know if the currency is going to move. Hopefully you aren't referring to the (pitiful imo) 150 point move the dinar has made recently. When the public officals made the statement that there was going to be a "significant move in the dinar by the end of 2006", I don't know about you but 1/10 of 1 us cent isn't very significant in my book and doesn't seem to fit with the statement imo.

We read in recent articles about them wanting a stable currency and about worrying about "a run on the local currency". In your opinon if they stay with their public statements and adjust the dinar to the 1260 dinar = 1 usd for the first 3 months of 2007, what would that do their economy? For heaven's sake that is only appreciating the dinar to only .00793 usd not even 1 us cent. How does that fit with all of their stated goals and objectives for 2007 and allow them to reach their lofty stated goals and objectives?

It would appear to me, that a sudden bold adjustment is the best way for them to proceed forward if they really do want to address their countries needs. What could be the possible hold up now in your opinon?

Thanks,

worf

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Thank you Worf. I always enjoyed your posts and comments. I think the CBI is in a delimma. But lets think a minute. This situation is very new for them. Just in the last two weeks has the dinar moved over 6 %. Up till now not a lot of pressure from the demand side of the house. They are not stupid but they are inexperienced. With the "street" putting pressure on them and expected to continue I don't think they have any other option but to take the dinar up. The only other option would be to restart selling into the economy increasing inflation and undoing what they apparently have been working on over the last year. I have always thought that they intended to raise the value of the dinar, a plan from the beginning. But they set the price too low and didn't anticipate how long it would take to settle the debt. So to take it up, and soon would be the only reasonable answer, but one with a few problems of its own. Too slow and all they do is fuel the street even more, increase speculation etc. too high and it could be disruptive (maybe). So they are in a relatively new "box" and I think the outcome will be good for us. Also, I don't think they have as much time as before so something has to move quickly, has to give. So, I am optimistic to see someting very soon. This next week of auctions after the break will tell us the story of what to expect. I hope this has been helpful. Thank You.

This post is from another site this morning:



Here is some info about Exchange

--------------------------------------------------------------------------------

Okay I have family in Ireland and the came to America for a couple of weeks and the other day I went to meet them the other day.

He is the facts about foreign currency from them as my cousin was head of the foreign exchange in Ireland.

1. Most big investors will not risk large amounts of their money as it is very risky never know what a country is going to do.

2. The way they bring down unemployment is to set up college for free to further there education and to then to make them students as then the don’t count as being unemployed.

3. The country revals when they want, they have a date and an amount that is only known by them. If it comes out you will be put in jail for the rest of your life for the leak.

4. A country will buy back there money as they start getting close to the date of there reval to make the exchange without any body knowing what they are doing it is a set number and only they know. It will not come out as a leak it will just happen I know I wouldn’t want to go to jail there.

The way they will do this is start issuing dollars in exchange a little at a time bring back and holding there dinar.
If they don’t do this it will not happen as they have to decrease the amount that is out there.

5. Security plays no roll in reval as this I don’t know where people got that from but it is not true.

6. They will not do a reprint as its not a real good thing as this would make foreign investors stay away any make there money worse a lot worse nobody would want it.

7. People I will tell you this lets say you take your money to the bank when the reval happens that money is held for a time and this country pays for it not Iraq until the is taken back to that country and presented to the CBI. We the US give Iraq lets say a credit look at China and smaller country like Iran they are dumping the US dollar which in turn drops our dollar.

All about credit between countries in the banking system they hold the foreign currency till they want to sell it to get there money out of that country.

8. I asked what he thought it would come out as and he said that rate is set by the CBI not anybody else not the president or the IMF.

I figured I would put this out there and let everybody know chances are
the only way you find out is on the CBI site when you wakeup in the morning if anybody here sleeps

Seems to me that if the date and rate of a dinar revalue was actually known, that the remaining supply would be immediately bought up.

:biggrin:

Quote:

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Originally Posted by Mike5200

This post is from another site this morning:



Here is some info about Exchange

--------------------------------------------------------------------------------

Okay I have family in Ireland and the came to America for a couple of weeks and the other day I went to meet them the other day. He is the facts about foreign currency from them as my cousin was head of the foreign exchange in Ireland. 1. Most big investors will not risk large amounts of their money as it is very risky never know what a country is going to do. 2. The way they bring down unemployment is to set up college for free to further there education and to then to make them students as then the don’t count as being unemployed. 3. The country revals when they want, they have a date and an amount that is only known by them. If it comes out you will be put in jail for the rest of your life for the leak. 4. A country will buy back there money as they start getting close to the date of there reval to make the exchange without any body knowing what they are doing it is a set number and only they know. It will not come out as a leak it will just happen I know I wouldn’t want to go to jail there. The way they will do this is start issuing dollars in exchange a little at a time bring back and holding there dinar. If they don’t do this it will not happen as they have to decrease the amount that is out there. 5. Security plays no roll in reval as this I don’t know where people got that from but it is not true. 6. They will not do a reprint as its not a real good thing as this would make foreign investors stay away any make there money worse a lot worse nobody would want it. 7. People I will tell you this lets say you take your money to the bank when the reval happens that money is held for a time and this country pays for it not Iraq until the is taken back to that country and presented to the CBI. We the US give Iraq lets say a credit look at China and smaller country like Iran they are dumping the US dollar which in turn drops our dollar. All about credit between countries in the banking system they hold the foreign currency till they want to sell it to get there money out of that country. 8. I asked what he thought it would come out as and he said that rate is set by the CBI not anybody else not the president or the IMF. I figured I would put this out there and let everybody know chances are the only way you find out is on the CBI site when you wakeup in the morning if anybody here sleeps

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What this tell me is similar to how the CBI is structured. They are independent of the political pricess and will revalue the currency suddenly with little or no concern as to what the politicians say. Just like in the US. As we have said, most people in the US really don't understand how independent the Fed. Reserve System is from the US gov. So, what you posted is not surprising. Good Post. the CBI is really running its own program, but they will value the currency upward, they really don't have much of a choice based on whats happened the last couple of weeks. It is very very unusal for the street price to be more expensive than the official exchange rate, usually, in countries, you can get more currency for your USD than less on the street, which seems to be the case in iraq today. Thank You.

Quote:

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Originally Posted by livefree

Seems to me that if the date and rate of a dinar revalue was actually known, that the remaining supply would be immediately bought up.

:biggrin:

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And the reason it is happening now is because of Speculation. People want to be rich. And people also know that this is a Once in a Life time oppritunity. So this is the reason of the drying up we see of dealers and ebay. The Banks, well they will never dry-up. They will just go with the flow of the exchange rate. No matter what it is, they make on both ends.

Hi,

I was under the impression that there were going to be no more auctions at all, that is for ever- any comments to the contrary.

Quote:

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Originally Posted by abbey56

Hi,

I was under the impression that there were going to be no more auctions at all, that is for ever- any comments to the contrary.

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my understanding is the cbi is holding the rate at 1325 until the 7th. auctions are still happening from what i can see.

Quote:

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Originally Posted by neno

And the reason it is happening now is because of Speculation. People want to be rich. And people also know that this is a Once in a Life time oppritunity. So this is the reason of the drying up we see of dealers and ebay. The Banks, well they will never dry-up. They will just go with the flow of the exchange rate. No matter what it is, they make on both ends.

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i would be interested to know how much of the purchasing is from 1st timers vs those who have already purchased and are shoreing up their holdings. i just ordered 26 mil for friends who were shoreing up their holdings. only 1 was a newbie. my gut tells me its us who are doing most of the buying-not 1st timers. no stats only what i see and discuss w/dealers.

Quote:

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Originally Posted by lglwzrd

my understanding is the cbi is holding the rate at 1325 until the 7th. auctions are still happening from what i can see.

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From what I understand, there is no auction until Sunday the 7th. They will resume, and we will see what happens from there on....


Rocky...

Quote:

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Originally Posted by shotgunsusie

and keep in mind that most of these people who pass on information are with the U.S. GOVERNMENT or connected to it. since the us govt. isnt the ones who are setting the price i dont understand how they keep thinking they know. it should be posted as 'we want' not 'this is what is going to be'. weve seen time and time again when the usa thought they had iraq under control and a wrench was thrown in.

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Thanks Susie, I was wondering the same thing. There have been several who have passed on so called inside info from U.S. government sources. Kinda seemed odd to me from the gitgo, kinda like the one that said our government had something to do with the design of their currency...yeah, right!

Quote:

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Originally Posted by texaslonghorns

Here is a post from over "there" by XXXXXXXXXXXXXX. I brought it over because it kind of jives with the new story out and the great things to happen on the 3rd Wednesday of January. He sounds well connected and rational by reading his other posts.:ro_emote:


25 to 1 from 5 sources

By XXXXXXXXXXXXXX @ XXX

My meeting in DC was fruitful. I now have confirmed through 3 deep sources in US that 25 to 1 is on the table. Sources are very well connected. 2 sources in Europe also confirm. 5 now corroborating at 25 to 1. 1 stayed at 100 to 1. Trying to firm up a date. 2 sources still point to Jan 15. Number crunchers all confirming these numbers are minimums. They say Shabibi set 4 to 1 by the end of 07 or sooner but unconfirmed. My only take is that it is no secret Shabibi wants direct foreign investment but needs to shake off indirect investors first. 4 to 1 is too high and I think it will be a tiered rv. 100 to 1 may only create more. Not good for a 4 to 1 goal if it is true. 25 to 1 makes more sense since it removes most speculators and invites direct investors. Members sent me messages asking about reprint. 3 sources investigated this thoroughly. They are well connected and conclude they would know this by now. Reprint not on any radars. GCC currency is for 2010. I am directing my attention to an IMF contact who is away for the holidays. You may send me any source information you want to disclose. Private info will remain so. One member so far said there is a buzz with US senior officials in Iraq. Leonard

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I love these rumours. I wonder how "deep" his "deep sources" really are??? Anyway these are fun. From the reality standpoint 25 to 1 can be achieved if all the cards continue to fall correctly for the Iraqis. We still need finalizing of FIL, HCL, IMF/SBA (in March), ISX electronics put into place (which starts in mid Jan so could be up and running in a few months), and President Bush's security plan. Even with all those going positive for the Iraqis 25 to 1 by January seems too high too quickly. My best estimate is in the 1200 range and then by March we could see 1000 to 1 if all continues positively. 25 to 1 and my final target rate of .27 USD could actually happen by July/August or sooner if all these cards turn Aces up. Hang on, we are in on the ground floor and we are in for a wild history making ride!!!

Quote:

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Originally Posted by abbey56

Hi,

I was under the impression that there were going to be no more auctions at all, that is for ever- any comments to the contrary.

---

Not correct. They have already clearly stated they want to continue increasing IQD value through the first part of 2007. The current level of 1323 IQD to 1 USD is not high enough for them to get enough data as to the impacts on the Iraq economy the appreciation is making. They want to measure the effects on inflation rates and purchasing power levels. I'd say when they get to the low 1200 or 1000 levels they could collect relevant data with which to make further adjustments.

Quote:

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Originally Posted by Wm.Knowles

What this tell me is similar to how the CBI is structured. They are independent of the political pricess and will revalue the currency suddenly with little or no concern as to what the politicians say. Just like in the US. As we have said, most people in the US really don't understand how independent the Fed. Reserve System is from the US gov. So, what you posted is not surprising. Good Post. the CBI is really running its own program, but they will value the currency upward, they really don't have much of a choice based on whats happened the last couple of weeks. It is very very unusal for the street price to be more expensive than the official exchange rate, usually, in countries, you can get more currency for your USD than less on the street, which seems to be the case in iraq today. Thank You.

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Once again you are right spot on in your analysis, Mr. Knowles. The CBI waited until the last possible moments to begin the appreciation schedule. But I feel the timing actually will benefit us. If all the cards I described above come to fruition, Shabibi will have a hard time stopping this appreciation and most likely will rail it right up to the CBI target level!!!

Most Middle Eastern countries have a "fixed" or "pegged" currency to the USD. They don't trade on the major FOREX markets but only on the exotic levels. Iraq needs to find their near "perfect" exchange rate and then they will "peg" or "fix" it at that level. When the GCC combines all the Middle East currencies into a single unit the plan is to "float" it in a similar manner that Europe has with the EURO. It, at that point, will be bumped into the category of a major competing World currency.

Another date come and gone.

New Member,
According to a article 1/15/07 Iraq Updates, Dinar to rise to 1200 middle of 2007

Quote:

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Originally Posted by webinvestor

Another date come and gone.

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It won't be the last

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