Thread: "RollsRoyce ISX Tidbit!"

I will take your hmmm ............ guess that is about were i am with this timing and addition of this is odd in my mind also.

Does anyone find it odd that there are no Middle east currency's on this table ??

folks.........from the Think Tank.....refresh your memory with wciapetta's signature.........



Quote:
Originally Posted by wciappetta
Pegging to the SDR basket might be the most stable approach for setting the exchange rate. Suddenly referencing SDR has some bearing. If they use historical levels then we might be looking at 2.53 SDR. SDR= 1.48 USD hmmm I could live with $3.74 how about evryone else?


Man that is on the money and in line with the rumor mill! I like your way of thinking. Now just call Shabbi and tell lets get a move on it.
SDR=Sudden Dinar Reval

It seems that the state insists, or preserve the value of the Iraqi dinar 148 against the dollar ...Monetary value of the Iraqi dinar must revert to the previous level, or at least to acceptable levels as it is in the Iraqi neighboring states [ MOF Sept 2006]

wciapetta's signature.......sorta makes sense to me!

Hey RR. I reading your post about the ISX you gotta think that the GOI has to now this or has this in there plans to stop it (RV). I think that that would.

Thanks again RR! Gotta love it!

Originally Posted by RollsRoyce

Good Very Early Morning . . .

I bumped into an old friend of mine named Chuck @ the Lacrosse game up @ Princeton today . .

Chuck is a very creative stockbroker who made a ton of money back in 1998-2002 trading mostly on line / in foreign stocks / & mostly in Russian stocks . . . Part of my reason for going & standing in the heat was in hopes that he would be there . . .

We talked about the ISX for a little while, and then I asked him a hypothetical question . . . “Without electronic trading, how long would it take him to place a considerable size buy order on the Iraq Stock Exchange?”

“About fifteen minutes,” he answered . . . “I have several colleagues that I am sure have connections that could get that done.”

Point is: At the current exchange rate brokers outside Iraq will find a way to buy up Huge blocks of any stocks associated with building & re-building housing, roads, bridges, pipelines [ water, oil, gas ], refining, drilling, etc. . . .

BTW: Chuck has been waiting to jump in on this soon-to-be feeding frenzy / and hopes there is no RV until he fills his portfolios . . .

No phone updates, remember time differences / my best time to call / & be called is around 5 am eastern time . . .

I gotta get some sleep / I’ll be around later today . . .

Best to all . . . RR . . .

What is the significants of all this?

guys i have spoke with bro today he is coming home soon he said to watch the markets in the next 24hrs plus not sure what he means as he told the message to my mom and she gets all confussed about the dinar bless her also iraqis are getting moneys into bank accounts now (wages)and hsbc will exchange the dinar at no cost come on dinar shake a tail

cheers jase

Originally Posted by RollsRoyce

“About fifteen minutes,” he answered . . . “I have several colleagues that I am sure have connections that could get that done.”

BTW: Chuck has been waiting to jump in on this soon-to-be feeding frenzy / and hopes there is no RV until he fills his portfolios . . .

Two words Chuck. 'Warka Bank'.

Four words Chuck. 'Dar El Salaam Bank.'

Frankly, even more.

Originally Posted by bigjase1

guys i have spoke with bro today he is coming home soon he said to watch the markets in the next 24hrs plus not sure what he means as he told the message to my mom and she gets all confussed about the dinar bless her also iraqis are getting moneys into bank accounts now (wages)and hsbc will exchange the dinar at no cost come on dinar shake a tail

cheers jase

Thanks man. Hope your brother comes home safe.

Originally Posted by bigjase1

guys i have spoke with bro today he is coming home soon he said to watch the markets in the next 24hrs plus not sure what he means as he told the message to my mom and she gets all confussed about the dinar bless her also iraqis are getting moneys into bank accounts now (wages)and hsbc will exchange the dinar at no cost come on dinar shake a tail

cheers jase

Hi bj, HSBC are you saying they are now exchanging? Because it happens to be my bank, and I was speaking to them about a week ago and they were not at that time. Please comment on this.
Thanks, barmurphy