coopschick
01-05-2013, 09:40 AM
1-4-2013 ****** SO NO RV THIS MORNING BUT DID GET A CALL 30 MIN AGO AND TOLD ME TO WATCH FOR IT TONIGHT AND WE CASH OUT MONDAY AGAIN. IM HEARING THAT FROM 3 SOURCES.
1-4-2013 Enorrste Article - "Economist: the problem of low liquidity includes all of Iraq" This...may reflect the fact that Shabibi has been largely successful in removing the large notes from circulation in the country. I believe the second paragraph refers to the plan to introduce a new currency and is saying that this should occur as soon as possible. I think that the phrase "lower the value of the dinar" is a mistranslation, since it is contradicted by the remainder of the sentence, which refers to the "good value" of the dinar. Therefore I say that this article is recommending going ahead with the change in the currency, which other articles from Parliament are saying is now imminent (beginning of THIS year). I believe the phrase "lower its value against other currencies" means going from 1166 per dinar to a "lower value" per dinar, which really means INCREASING the value of the dinar.
1-5-2013 SteveI All I can say is we are right there, and I mean very close. Stay positive.
1-5-2013 ****** I HAVE GOTTEN 4 CALLS THIS MORNING. WE ARE ON TARGET. THIS IS HAPPENING. WE WILL SEE THIS COME TO AN END WITHIN DAYS. THIS NEWS IS REAL.
1-5-2013 BGG Interesting headlines...New York Times..."Iraqi Prime Minister Faces More Calls for Resignation" "A political crisis facing the Shiite-led government of Prime Minister Nuri Kamal al-Maliki of Iraq appeared to escalate on Friday, as more political rivals called for his resignation and for early elections. In addition to the political arena, demand for change echoed in the streets as demonstrators expanded protests in major Iraqi cities."
1-5-2013 Tlar Article: "Economist: the problem of low liquidity includes all of Iraq" Low liquidity means just that. Not enough dinar. The only thing that will change this is the release of the smalls. The only thing that means is RV. This is what the beginning of the end looks like . They have bought enough dinar up that there is no longer enough in circulation to handle the needs of the economy. Articles like the above only stand to confirm my conviction that we are close.
1-5-2013 Kaperoni Article: "Economist: the problem of low liquidity includes all of Iraq" Liquidity is the currency (dinar) in circulation. This article is stating that the entire country is low on dinar. They then go on to explain how that occurred (banks not following rules and currency leaving the country -only dollars makes sense). The most important point I take away from this article is it is more confirmation that there is a declining amount of dinar in Iraq. That the auctions have been one of the main reasons for that decline (latest article to include all bank in auctions will only make that worse). And we already know from previous articles the condition of that dinar (ripped, torn, glued, taped, etc). Therefore, something must be done to preserve the currency and prestige of the New Iraqi Dinar (NID) soon.
1-4-2013 Enorrste Article - "Economist: the problem of low liquidity includes all of Iraq" This...may reflect the fact that Shabibi has been largely successful in removing the large notes from circulation in the country. I believe the second paragraph refers to the plan to introduce a new currency and is saying that this should occur as soon as possible. I think that the phrase "lower the value of the dinar" is a mistranslation, since it is contradicted by the remainder of the sentence, which refers to the "good value" of the dinar. Therefore I say that this article is recommending going ahead with the change in the currency, which other articles from Parliament are saying is now imminent (beginning of THIS year). I believe the phrase "lower its value against other currencies" means going from 1166 per dinar to a "lower value" per dinar, which really means INCREASING the value of the dinar.
1-5-2013 SteveI All I can say is we are right there, and I mean very close. Stay positive.
1-5-2013 ****** I HAVE GOTTEN 4 CALLS THIS MORNING. WE ARE ON TARGET. THIS IS HAPPENING. WE WILL SEE THIS COME TO AN END WITHIN DAYS. THIS NEWS IS REAL.
1-5-2013 BGG Interesting headlines...New York Times..."Iraqi Prime Minister Faces More Calls for Resignation" "A political crisis facing the Shiite-led government of Prime Minister Nuri Kamal al-Maliki of Iraq appeared to escalate on Friday, as more political rivals called for his resignation and for early elections. In addition to the political arena, demand for change echoed in the streets as demonstrators expanded protests in major Iraqi cities."
1-5-2013 Tlar Article: "Economist: the problem of low liquidity includes all of Iraq" Low liquidity means just that. Not enough dinar. The only thing that will change this is the release of the smalls. The only thing that means is RV. This is what the beginning of the end looks like . They have bought enough dinar up that there is no longer enough in circulation to handle the needs of the economy. Articles like the above only stand to confirm my conviction that we are close.
1-5-2013 Kaperoni Article: "Economist: the problem of low liquidity includes all of Iraq" Liquidity is the currency (dinar) in circulation. This article is stating that the entire country is low on dinar. They then go on to explain how that occurred (banks not following rules and currency leaving the country -only dollars makes sense). The most important point I take away from this article is it is more confirmation that there is a declining amount of dinar in Iraq. That the auctions have been one of the main reasons for that decline (latest article to include all bank in auctions will only make that worse). And we already know from previous articles the condition of that dinar (ripped, torn, glued, taped, etc). Therefore, something must be done to preserve the currency and prestige of the New Iraqi Dinar (NID) soon.