Here's to a whole lotta nothing going on till Sunday.....:beer:
Have a good weekend all and try not to kill each other OK!!!!!!!!!!!!!!!!!! :wacko:
TNT
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Here's to a whole lotta nothing going on till Sunday.....:beer:
Have a good weekend all and try not to kill each other OK!!!!!!!!!!!!!!!!!! :wacko:
TNT
when I started this thread some 17 pages ago, I asked a question on peoples thoughts about RR's prediction. I am not a naysayer, I am very much a positive person and have purchased an enormous amount of dinar, over the last three years. I was hoping that RR would come on the thread and be able to tell us something more definative since his couple days had come and gone. I realize that we are dealing with a goverment that marches to there own drum and nothing or no one can say for certainty that the reval is a done deal till they actually come out and do it. And to believe any differently is so setting yourself up for a major disappointment. I think we are close to a reval I do not know this as a fact , nor would I ever state this as a fact. but I do think we are close.
benzboy
The LOI that was submitted in April did not involve a par value change but rather monetary policy adjustments. The CBI is moving to recapitalize and has notified the IMF of their intent. If the CBI (Shabibi) has indeed signed a "revalue" LOI it would in fact be a Par Value change in accordance with Schedule C of the IMF Articles of Agreement. The Par Value change would require a "yea" vote of at least 85% of the member countries.
well looks like they beemed it back!!
:thumbsup:[qu te=ozizoz;210386]Nothing happened to me . . .I was here the whole time. I got a little too caught up in things and decided to step back and lurk for a while. I knew it was time to start posting again when I heard a rumor that I was dead LOL
Thanx for the kind thoughts!!! [/quote]