GOOD RIDANCE. I CANT STAND PEOPLE WHO TRYS THEIR DARNEST TO GET ON PEOPLE NERVES..
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Wooooooooooooooot!! I'll take it!!!!
sarah! go dinar go!!!
I just wish it would be before the 10th for the sake of DocDave :)
The currency conference is being held in Saudi Arabia on the 15-17th of April...they will be announcing a raising of currency values (Kuwait will raise by 25% according to Bearclave) and the discussion raised by Iran to peg to the Euro...(America's really concerned because Iran, Vensuala & Indonesia have all switched their peg to the Euro and will not accept US Dollars any more...actually illegal to trade in dollars in each of these countries...if Iran can form a block against the US's only Supporter ...the Saudis...the Saudis might be forced to go along and the abodonment of the US dollar as the currency of the oil trade...this would collapse the dollar and throw American into a terrible depression that might make 1929 seem like a day at the park...)
See why the Americans really need Iraq to come into this conference pegged to the dollar at a good rate to join in the Saudi defense of keeping the dollar the currency of trade...and start to see that the americans might have a more serrious beef with the Iranians than a future nuclear threat...
Fred
Mr Flockstar have been banned.
What a great day! And cant wait until 10th of April :biggrin:
[quote=Jola;180376]I just wish it would be before the 10th for the sake of DocDave :)[/quote
I think we are all hoping for before the 10th! Doc Dave set the faith and we have been behind him. As for frocky good riddens! yippee. Need to keep the positive going!:smiley:
[QUOTE=crave681;180389]of my previous post... God's street cred on the line! Maybe the check will be mysteriously held up in the mail till it can be delivered on the 10th...[/Q
Amen!!!!!!!!!:leader:
sarah!!!:woohoo:
Doesn't have the exact date but states April.
The Peninsula On-line: Qatar's leading English Daily
Riyal peg to stay: Yousuf Hussein
Web posted at: 3/16/2007 8:28:26
Source ::: REUTERS
london • Qatar’s Finance Minister said yesterday that there were no plans to revalue the riyal nor delink it from the US dollar over the next year, further dampening speculation of a revaluation before Gulf states meet in April.
“I am saying I am not going to delink or revalue our currency against the US dollar. That is my message,” H E Yousuf Hussein Kamal said on the sidelines of an investment conference in London. The Minister said he was being asked constantly about plans for the currency and whether there might be a change to the current policy or a revaluation.
“We are thinking about it but it is not today, not tomorrow, not this year, not next year,” the Minister said. Speculation about a region-wide currency revaluation has increased since January after the United Arab Emirates said the six Gulf states could decide in April whether to keep or change their exchange rate regime. Asked if he though the riyal, which is pegged to the US dollar, was undervalued, Yousuf Hussein said: “No.”
Governors of the Gulf central banks are scheduled to meet in Riyadh, Saudi Arabia in April to discuss their proposed monetary union. The monetary union is scheduled to be implemented by 2010. The decline in the value of the US dollar has helped fuel inflation in some of these GCC countries because it drives up the cost of imports in the region where some countries pay for half their imports in euros and yen.
This one says from April 3
Gulf Times – Qatar’s top-selling English daily newspaper - Finance & Business
thats goin on right now. i thought possibly it could be this: MECOM 2007 -* Middle East Telecoms & Business Coms Exhibition & Conference
nope, sorry, wrong dates.
If the Kuwati Diner is going up 25% in less than a month is any one buying some now? Or is this a long term increase?
i love the way no one commits to anything.Quote:
Gulf states not planning forex revaluation: reportPublished: Monday, 19 March, 2007, 08:25 AM Doha Time
RIYADH: Gulf Co-operation Council countries do not plan to revalue their currencies ahead of planned monetary union, a senior official from the bloc was quoted as saying yesterday.
“GCC member states are in agreement not to revalue their currencies before the expected monetary union is set up,” Al-Riyadh newspaper quoted the unnamed official from the GCC Secretariat as saying.
“There is no intention at this stage to change policy on the Gulf currencies’ peg to the dollar,” the official added.
Speculation about a region-wide revaluation reached fever pitch earlier this year after the UAE said Gulf states could decide at a meeting of GCC central bank governors next month to keep or change their exchange rate regime.
The governors of the six central banks will meet in the Saudi city of Medina from April 3.
A senior Gulf diplomat said the meeting looked unlikely to make a decision on revaluing currencies. “The revaluation has not been discussed,” he said in reference to preliminary meetings ahead of the central bank governors gathering.
Only a minority of GCC members are pressing for changing the peg to the dollar, the diplomat said. “Saudi Arabia is strongly favourable to keeping the anchor as it is,” he said.
Hamad Saud al-Sayyari, the governor of the Saudi central bank, said earlier this month there was no intention to revalue the riyal currency.
Saudi Finance Minister Ibrahim al-Assaf said in March he does not expect GCC states to change a system of dollar-pegged exchange rates before they finalise plans for monetary union.
Officials in Kuwait and United Arab Emirates have talked of the need to review exchange rate policy as the dollar weakens against currencies such as the euro.
Meanwhile, Bahrain’s central bank governor was quoted yesterday as saying that the proposed Gulf currency union by 2010 was a challenge, but could be achieved if the member countries acted swiftly.
Rasheed al-Maraj also said his country was not considering changing the dinar’s peg to the weakening US dollar, Asharq al-Awsat newspaper reported.
The GCC states plan to establish a single currency on Jan. 1, 2010. Gulf officials have raised doubts in the past few months about whether the target could be met. – Reuters
I hear a denial in these quotes. What do they say? A denial, then BOOM........reval!
just to keep score:
we have about 5 rumors for april at several diff rates ranging from .03 to over $1.00. the sources range from god to a friend of a friend. april will certainly be an interesting month...so will may.
Hey Ive got it.. if it dosent rv by or on easter sunday as God told Doc Dave he would give a million dollars.. If I was the Doc i would put one million Iraqi Dinar into an envolope with a note saying hold as long as possible as this will be worth a fortune very soon.. and donate that to the charity God told him to :ro_emote:
Thanks to everyone for putting out what you have heard concerning an RV. I for one enjoy the rumors. It just makes me a more happier person reading as to what people have heard. I've been invested in the dinar for a long time. Hopefully April will be our month. Good luck to all that have invested.
:woohoo: mewannapeg :woohoo:
thanx steakman we all hope u are right thanx for sharing
I just read that quote by SGS, then read the other of members thinking denial. lol I believe it is to default the speculation just like one member just said about China's revale. What ever the case, they are not going to come right out and say it before it happens. :ro_emote: Ok we are revaluing the currency tomorrow. lol
I posted the link to the saudie meeting in this Thread: http://www.rolclub.com/rumors-predic...ce-freind.html Since my freind told me yesterday before I seen it here.
Didn't we go thru this about this time last year? I'm not complaining just hope that something happens this time. It is pionting to a reval.
Yeah, but do you remember what was going on last year?? Sure there were rumors, but as far as solid governemental progress I think this time last year we were waiting for parliament to be seated...what a difference between last year and now....they actually have policies in place for foreign investment in the ISX, and Korea just outbid Germany and Finland (Ithink) and won a contract to build power stations...just two examples of SOLID PROGRESS!
Believe.
OSWoman
Amen, OSWoman - it's so hard not to be impatient and disgusted with the delays, but we've come a long way baby! Two years ago the ISX was conducted on dry-erase boards in a bombed-out former restaurant. Very few companies were on it initially as they had new criteria set by the CPA regarding amount of govt ownership, Sadaam-relative ownership, and a bunch of other stuff I don't even remember. As can be expected, the private sector is leaps and bounds ahead of the gov't sector. Two years ago they couldn't get parliament to even meet after they were elected... oh, uh, well, nevermind that one, but despite themselves and all of their issues and problems, they are progressing. They absolutely have to do something, and at some point hopefully their pride will kick in - they'll realize that while they've been quibbling about how to get rid of the infidel dollar, the currency in the south is going Iranian, and in the north the Kurds will likely toss the dinar in favor of the euro. Nothing in that scenario that is Iraqi - Sunni OR Shiite. On the other hand, they could fubar the whole thing, which would hose dinar holders, though those in the ISX will be okay because the inherent value of the companies is still there, no matter what currency the ISX deals in. Dang it, Susie, why don't I listen to you the first time?
Dreamer, you know you are a dreamer
Well can you put your hands in your head, oh no!
I said dreamer, youre nothing but a dreamer
Well can you put your hands in your head, oh no!
I said far out, - what a day, a year, a laugh it is!
You know, - well you know you had it comin to you,
Now theres not a lot I can do
Dreamer, you stupid little dreamer;
So now you put your head in your hands, oh no!
I said far out, - what a day, a year, a laugh it is!
You know, - well you know you had it comin to you,
Now theres not a lot I can do.
Well work it out someday
If I could see something
You can see anything you want boy
If I could be someone-
You can be anyone, celebrate boy.
If I could do something-
Well you can do something,
If I could do anything-
Well can you do something out of this world?
Take a dream on a sunday
Take a life, take a holiday
Take a lie, take a dreamer
Dream, dream, dream, dream, dream along...
Dreamer, you know you are a dreamer
Well can you put your hands in your head, oh no!
I said dreamer, youre nothing but a dreamer
Well can you put your hands in your head, oh no!
Oh no!
At least let's hear more than rumors REVAL ALREADY!!!!!!!