Thread: Phone Call From A Freind.....

Originally Posted by Elbert Brock

WOW!!! Things got interesting here!
I hope this is the rumor thread....A friend of a friend who has a relative in
Basra was in the open market and found there was almost nobody buying
anything,the place was almost empty.When he found someone that could
talk in english and asked him why there was nobody at the market
he replied that most of the people were at home hanging onto their money
(dinars).seems like they know something is about to happen....
these Iraqi's must know something we don't.
Can someone verify this??

Hello everyone. As we have discussed before, economics is about human behavior not necessarily just money. We expect behavior to change under different economic conditions and price levels. The CBI has sent consistent signals that the value of the dinar has/will rise and the iraqis would be expected to change their buying habits if they think their money will be worth more. The negative effect would be to increase speculation. So I think we can expect more of these types of reports and IMHO we are in for a significant increase in the value of the dinar. The CBI is/has held the dinar at the current levels while removing large amounts of dinar from the economy. The last report from our friend Socata 850 was just a hair under 6 trillion removed. From the largest reports of the base money supply, this has to be about a third of the base. As said before, this is exactly what you would expect in an inflationary situation and prior to any significant reevaluation of the currency. I am sorry for those who still think the CBI has been PLACING money back into the economy. Maybe retaking Econ 101 would be of some help to them. Thank You.

I would love to believe "yes", but until I hear from some major news network or know for a fact that the HCL has been signed sealed and delivered, I'm still guessing end of the month. But, hey I would love to wrong!!!!!!!!!!

Originally Posted by cigarman

OK, I'm going out on a limb here by asking, but do we believe it will happen this weekend? Just curious.

I hope it happens within the next 2 years.

[edit, listen. Iknow your a naysayer. but you do not need to be disrespectful in your postings.admin]

I would love to believe "yes", but until I hear from some major news network or know for a fact that the HCL has been signed sealed and delivered, I'm still guessing end of the month. But, hey I would love to wrong!!!!!!!!!!

There is a problem with the forum I posted a response to a post that was on page 64 and it appeared on page 61. weird

Originally Posted by Jola

Here is some wishful thinking , but hey, this is what we have to go by so far:

There was SOMETHING announced on TV and Radio yesterday that made the iraqis hug each other and say " This is a big day for us!" ...I checked the press to see if there was some football game or something...but I couldn't find anything LOL

Now, the guy goes to the market and there is no one spending dinars /money....

Then the same rumour says " by the end of the next weekend" , which could be interpreted as this weekend too...just a matter of how you look at it...

So, I am starving, but I am not spending my money because of something that I have heard on TV ...because I could spend less tomorrow or the day after tomorrow...

To me it smells definately as rv. If both rumors have legs...

YEP!

Originally Posted by cigarman

OK, I'm going out on a limb here by asking, but do we believe it will happen this weekend? Just curious.

Was wondering what is going on. over 300 members in the dinar section. hello are we there? Most ever here at one time.

Originally Posted by cigarman

OK, I'm going out on a limb here by asking, but do we believe it will happen this weekend? Just curious.

I personally dont think so. It is my belief that there are still some things that need to be signed possible, that being said i dont really know a dang thing. are we getting to the finish line ....... gosh i hope so

Boomcreek and Panhead = Banned from RC forum. Please go and be as egoistic you want on that chat. You might ban each other as much as you wish over there, and play the same hideinfo game with the 8 other that got banned earlier today.

Egoists like yourself has no place on RC.

Admin

Originally Posted by arvie

There is a problem with the forum I posted a response to a post that was on page 64 and it appeared on page 61. weird

It is correcting itself now. The earlier post are timed wrong from that point. Now is earlier than that point. Please just bare with it as soon as the posting times catch up the future post will be back in Time. Thanks.