Thread: Rv Confirmed For Next Wednesday!!!!

Originally Posted by Adster

Come on chooch, if you knew this was guaranteed for next week, you'd be trying to get others on board and ordering more through dealers that can deliver within a day or two, if not for you but for the family, close friends etc. Stands to reason. Sure some would go to the extreme of flying to Kuwait to buy millions up if the above was definite!!

I hear you Adster.

But whose to say that they are not doing just that! They very well may be buying whatever they can get their hands on. Personally I believe it is now VERY difficult to get IQD. I believe the CBI has completely cut off supply. What's available is whatever is already in the pipeline and nothing more.

I have always believed that this IQD RV would be unlike others. Meaning that because Iraq operates on dual currency (IQD and USD), they MUST give some type of notice to their people and businesses, to allow them to exchange their savings and stashes of USD to IQD before an RV....They would absolutely massacre the government officials, if they RV'd with most of their money still in USD. Because of this, they MUST strongly hint of an impending RV....Think about it.

Not saying this rumor is correct. But the banks have been acting strange lately, with lots of conflicting info. Additionally, the supply of available IQD has dried up. For reasons unknown to us there has been a surge in buying, which is probably the biggest reason. The surge in buying is a fact. Someone knows something....Sounds like the big boys are buying right before the event.

Originally Posted by choochie

Well, except it is taking most banks about 10 days or more to get it.

It they r/v at 1/1 or higher, they won't have a supply problem concerning dinars any more. Everyone will be turning them in so fast they won't know what hit them.

worf

Originally Posted by wellwishes

I hear you Adster.

But whose to say that they are not doing just that! Not to the same extent as a certainty. Kinda like knowing who will win a ball game before kick off, if you knew you'd lump on a lot of money knowing it was guaranteed..They very well may be buying whatever they can get their hands on. Personally I believe it is now VERY difficult to get IQD. Through banks, agreed, but dealers still have a lot of dinar as does ebay. I believe the CBI has completely cut off supply. What's available is whatever is already in the pipeline and nothing more. Agree again, and I can't see them doing the opposite they're currently doing.

I have always believed that this IQD RV would be unlike others. Meaning that because Iraq operates on dual currency (IQD and USD), they MUST give some type of notice to their people and businesses, to allow them to exchange their savings and stashes of USD to IQD before an RV....Well, there was an article before xmas where the GOI stated they wanted dinars to be the preferred currency and people should be offloading their dollars and keeping their dinars. They would absolutely massacre the government officials, if they RV'd with most of their money still in USD. Because of this, they MUST strongly hint of an impending RV....Think about it. The dinars the US holds will be used to pay for oil post reval. Won't be a case the US will cash in all they have post reval. Same goes for other countries holding dinars.

Not saying this rumor is correct. But the banks have been acting strange lately, with lots of conflicting info. Been doing this for a while afraid to say, at least 6 to 9 months. Additionally, the supply of available IQD has dried up. For reasons unknown to us there has been a surge in buying, which is probably the biggest reason. The surge in buying is a fact. Someone knows something....Sounds like the big boys are buying right before the event.

We can only hope it's a matter of days. I'll be more confident of thinking it will be imminent once the HCL is done hopefully next week when it will be passed in Parliament.

Good day to you.

this rumor was posted by a former member who posted here as treater. i dont know this persons reputation here under that name. this may or may not add to any credibility to this rumor. this rumor was posted on another forum under another name as a 1st post.

Originally Posted by wellwishes

I hear you Adster.

But whose to say that they are not doing just that! They very well may be buying whatever they can get their hands on. Personally I believe it is now VERY difficult to get IQD. I believe the CBI has completely cut off supply. What's available is whatever is already in the pipeline and nothing more.

I have always believed that this IQD RV would be unlike others. Meaning that because Iraq operates on dual currency (IQD and USD), they MUST give some type of notice to their people and businesses, to allow them to exchange their savings and stashes of USD to IQD before an RV....They would absolutely massacre the government officials, if they RV'd with most of their money still in USD. Because of this, they MUST strongly hint of an impending RV....Think about it.

Not saying this rumor is correct. But the banks have been acting strange lately, with lots of conflicting info. Additionally, the supply of available IQD has dried up. For reasons unknown to us there has been a surge in buying, which is probably the biggest reason. The surge in buying is a fact. Someone knows something....Sounds like the big boys are buying right before the event.

They did give notice in late December. I don't have the link but I'm sure someone does.

Originally Posted by wellwishes

I hear you Adster.

But whose to say that they are not doing just that! They very well may be buying whatever they can get their hands on. Personally I believe it is now VERY difficult to get IQD. I believe the CBI has completely cut off supply. What's available is whatever is already in the pipeline and nothing more.

I have always believed that this IQD RV would be unlike others. Meaning that because Iraq operates on dual currency (IQD and USD), they MUST give some type of notice to their people and businesses, to allow them to exchange their savings and stashes of USD to IQD before an RV....They would absolutely massacre the government officials, if they RV'd with most of their money still in USD. Because of this, they MUST strongly hint of an impending RV....Think about it.

Not saying this rumor is correct. But the banks have been acting strange lately, with lots of conflicting info. Additionally, the supply of available IQD has dried up. For reasons unknown to us there has been a surge in buying, which is probably the biggest reason. The surge in buying is a fact. Someone knows something....Sounds like the big boys are buying right before the event.

I'm surprised you say this - I've always thought the opposite was true. Price changes, etc. would have far less impact if most people are using dollars - the prices in dollars wouldn't change. Also, the dinars they're hoarding can be sold at the new price which will keep circulation down and provide dollar backing at the new rate. They keep saying they want to make the dinar the currency of choice but their attempts have been pretty feeble, haven't they?

Originally Posted by worf

It they r/v at 1/1 or higher, they won't have a supply problem concerning dinars any more. Everyone will be turning them in so fast they won't know what hit them.

worf

LOL, and I'll be first in line to hand mine in.

Gloribee

Originally Posted by greatstuff

I'm surprised you say this - I've always thought the opposite was true. Price changes, etc. would have far less impact if most people are using dollars - the prices in dollars wouldn't change. Also, the dinars they're hoarding can be sold at the new price which will keep circulation down and provide dollar backing at the new rate. They keep saying they want to make the dinar the currency of choice but their attempts have been pretty feeble, haven't they?

If you were an Iraqi who had saved money over the years, and for stability converted all your savings to, say, $5000 (5000USD).

If the CBI suddenly RV'd at 1:1, for example, you would still have $5000.

But if you had converted your $5000 to IQD the day before, you would have approx. 6,500,000 IQD....Which would NOW be worth approx. $6,500,000!!!

Can you imagine how upset you would be if your government did not give you opportunity to convert your USD to IQD. Now multiply that time millions of people and businesses. There would be unrest and chaos far beyond what we are now seeing....They MUST give some type of notice, which I agree is highly unusual, but definitely needed in this case.

That is why there have been strong hints of an impending RV. It's MUCH clearer within Iraq then from the conflicting news reports we are allowed to see. They want to keep us off balanced and unsure, but not their people. They want the Iraqi people to be sure and act accordingly. On the "streets" it is below 1000:1. ...They know something.

Originally Posted by lglwzrd

this rumor was posted by a former member who posted here as treater. i dont know this persons reputation here under that name. this may or may not add to any credibility to this rumor. this rumor was posted on another forum under another name as a 1st post.

That's what makes this rumor a little different. I am a recent poster, but I have been following most forums for over a year. I have NEVER seen a rumor posted by Treater before. He's always been conservative in his posts and assertions...very credible person.

It's a rumor so it may or may not happen. But it is of note that Treater places value on this source....not the average rumor for sure.

One of these rumors will happen....just don't know when.

Originally Posted by TerryTate

Oh heck. Why not. Weeeeeeeeeeeeeeeeeeeee

LMDAO!!!!