Thread: Rv More Info For All

Originally Posted by DANNYDINAR

Hey guys, I want everyone to know that the rate you are viewing is the same rate as last Thursday, this is because they are allowing all banks, banks only to settle there books. Today on voices of Iraq it stated that the auction was only for banks and on Thursday a new rate will be revealed, as the first auction since last Thursday will occur. I stated that they halted trading till Wednesday, which would be Thursday in Iraq. Today I found out there is no Dinars in Jordan, Dubai or Kuwait. This is good because it is drying up and it will cause a demand on the Dinar. CBI is doing this the right way, stop trading, cause a panic then reveal a new rate and bam buying comes flying in and it eats up the Dinars. I think .05 is where it is going to come in at and then smart money and banks are going to come in and trade this thing way up. Guys this is a rumor board and what I am stating is as close to the real thing as it gets, but of course till Iraq announces it, all it could be categorized is a rumor. Thanks to all and hope this helps.

Danny Dinar

PS I am going to try to find that article to back this up.

Danny, I am sort of new here so I am still learning. Who else is involved in the auctions besides the banks.

Originally Posted by DANNYDINAR

Hey guys, I want everyone to know that the rate you are viewing is the same rate as last Thursday, this is because they are allowing all banks, banks only to settle there books. Today on voices of Iraq it stated that the auction was only for banks and on Thursday a new rate will be revealed, as the first auction since last Thursday will occur. I stated that they halted trading till Wednesday, which would be Thursday in Iraq. Today I found out there is no Dinars in Jordan, Dubai or Kuwait. This is good because it is drying up and it will cause a demand on the Dinar. CBI is doing this the right way, stop trading, cause a panic then reveal a new rate and bam buying comes flying in and it eats up the Dinars. I think .05 is where it is going to come in at and then smart money and banks are going to come in and trade this thing way up. Guys this is a rumor board and what I am stating is as close to the real thing as it gets, but of course till Iraq announces it, all it could be categorized is a rumor. Thanks to all and hope this helps.

Danny Dinar

PS I am going to try to find that article to back this up.

How did you find this out???

Originally Posted by stargate-sg13

It came from IIF. SK was saying he was duped the same way you were with false information. Your Duck is there in the thread. Not saying you were part of the 5.

Sorry I'm not very good at putting thoughts into the keyboard. Just trying to say SK and Danny had the same source and this rumor was a set-up.

Dannydinar and SK do not have the same sources and I know this by fact. They are just recieving the same info from different people. If this rumor doesn't pan out by Sunday then there will be questions.

Today I found out there is no Dinars in Jordan, Dubai or Kuwait. per DannyDinar

I am sure there must be someone who has contacts in 1 of these countries that can verify this. Please

Originally Posted by DANNYDINAR

Hey guys, I want everyone to know that the rate you are viewing is the same rate as last Thursday, this is because they are allowing all banks, banks only to settle there books. Today on voices of Iraq it stated that the auction was only for banks and on Thursday a new rate will be revealed, as the first auction since last Thursday will occur. I stated that they halted trading till Wednesday, which would be Thursday in Iraq. Today I found out there is no Dinars in Jordan, Dubai or Kuwait. This is good because it is drying up and it will cause a demand on the Dinar. CBI is doing this the right way, stop trading, cause a panic then reveal a new rate and bam buying comes flying in and it eats up the Dinars. I think .05 is where it is going to come in at and then smart money and banks are going to come in and trade this thing way up. Guys this is a rumor board and what I am stating is as close to the real thing as it gets, but of course till Iraq announces it, all it could be categorized is a rumor. Thanks to all and hope this helps.

Danny Dinar

PS I am going to try to find that article to back this up.

Just curious...based on the info you have how positive on a scale of 1-10 that we will see a reveal this week

Originally Posted by DANNYDINAR

Hey guys, I want everyone to know that the rate you are viewing is the same rate as last Thursday, this is because they are allowing all banks, banks only to settle there books. Today on voices of Iraq it stated that the auction was only for banks and on Thursday a new rate will be revealed, as the first auction since last Thursday will occur. I stated that they halted trading till Wednesday, which would be Thursday in Iraq. Today I found out there is no Dinars in Jordan, Dubai or Kuwait. This is good because it is drying up and it will cause a demand on the Dinar. CBI is doing this the right way, stop trading, cause a panic then reveal a new rate and bam buying comes flying in and it eats up the Dinars. I think .05 is where it is going to come in at and then smart money and banks are going to come in and trade this thing way up. Guys this is a rumor board and what I am stating is as close to the real thing as it gets, but of course till Iraq announces it, all it could be categorized is a rumor. Thanks to all and hope this helps.

Danny Dinar

PS I am going to try to find that article to back this up.

I just want to say I back up your rumor so far. Your rumor is the same thing I was told this week. No, we don't have the same source. I was told they have shut down dealers from getting dinar out of the middle east until the new rate is implemented which is SUPPOSE to be wens. or thurs from saturdays exchange rate meeting. I was told about this meeting a week before you even posted about it. I can even see it happening over the weekend just to get things in order first. I was told we will see a shake out rate and will be raised according to when all laws are enacted and oil is flowing. People can blast me as they will do but I am just reporting what was told to me.

Originally Posted by strongtower

Dannydinar and SK do not have the same sources and I know this by fact. They are just recieving the same info from different people. If this rumor doesn't pan out by Sunday then there will be questions.

Ok I stand corrected. I was going by what SK stated. No more of my thoughts.

You may get blasted, but not by many in these forums, me for one...any news helps, it also helps to clear up some of the thoughts floating through here.

I have an idea for some verification...and if I have time today I will try it (my husband flies in for one last visit before I fly out sooo...no promises!! )

We bought dinars at the money changer in Dubai at the City Center mall. I will look up the number on line, and try to call and see if they are selling...

Will post results here on this thread.

Cheers!! Tracy

Originally Posted by DANNYDINAR

THANKS MEWANAPEG, HERE IT IS

Voices of Iraq: Iraq-Currency
Posted by: saleem on Tuesday, April 10, 2007 - 03:05 PM
Iraq-Currency
Higher demand for dollar as exchange rate fixed till Thursday in auction
By Dergham Mohamed Ali
Baghdad, Apr 10, (VOI) – Demand for the dollar was down in the Iraqi Central Bank’s daily auction on Tuesday, reaching $ 59.505 million compared with $49.825 million on Sunday, as the Central Bank fixed the exchange rate at 1,272 dinars per dollar until Thursday.
In its daily statement, the bank said it had covered all bids, which included $9.485 million in cash and $50.020 million in foreign transfers, at an exchange rate of 1,272 dinars per dollar, unchanged from last week.
A source at the Iraqi Central bank told the independent news agency Voices of Iraq (VOI) "the exchange rate is fixed at 1,272 dinars per dollar until Thursday."
None of the 14 banks that participated in Tuesday's auction offered to sell dollars.
The auction did not convene on Monday as the Iraqi government imposed a curfew on Baghdad on the fourth anniversary of Baghdad's fall.
Abdul-Razzaq al-Abaiji, an economist, who praised the bank's decision to fix the exchange rate at 1272 dinars per dollar told VOI, "the fixed exchange rate has encouraged traders to make more bids in today's session."
The Iraqi Central Bank runs a daily auction from Sunday to Thursday.

Iraq-Currency :: Aswat al Iraq :: Aswat al Iraq

Danny could you please highlight the part pretaining to your statement in post #224 "Today on voices of Iraq it stated that the auction was only for banks and on Thursday a new rate will be revealed", sorry but I'm having a hard time finding the words "NEW RATE WILL BE REVEALED".....This looks like the statement they always put out referring to the Daily CBI auctions.....and if you are going to say that the statement "fixed the exchange rate at 1,272 dinars per dollar until Thursday", that aint going to fly,......go back and read previous reports on the Auctions and the demand for the dollar, they all say the same thing "fixed the exchange rate at (what ever at the time) dinars per dollar until (which ever day applies)", looking forward to your reply..........