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Thread: Frank26 & other self proclaimed gurus 4/17/12

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    Frank26 & other self proclaimed gurus 4/17/12

    4/17/2012 Frank26/Delta Over the weekend a big article stating the GOI taking over the CBI. It’s false. On TV they speak of the need to share information and tell the CBI what they are doing. It’s about coordination. Not a big deal on TV. Media (newspapers) are making it a big deal. The GOI asked the CBI to just hold up a little bit for some reason. CBI doesn’t have to listen. These are two different things. The GOI asked not to lift 3 zeros just yet. Nothing to do with the RV; it’s not being cancelled.

    4/17/2012 8Ball China is sitting on all currency's they compete by devaluing each others currency's to stay competitive. The change on Friday was China's attempt to become or compete against the US, 1 cent adjustment on a day can add up quickly especially when the RMB is worth 15 cents I believe...China pulled the peg...let the currency adjustments begin, as an example as China rises South Korea rises, as China rises Vietnam Dong will rise, etc.

    4/17/2012 Footforward IVE HEARD GOOD INTEL FOR A LONG TIME, AND THIS HAS BEEN SO CLOSE TO SHOWING UP THAT YOU GUYS HAVE NO IDEA. THATS THE FRUSTRATING PART. BUT ALL THE INTEL IM STILL HEARING IS GOOD. NOTHING BUT GOOD. [RATE?] LOOK FOR A RANGE OF LIKE 5-15 DOLLERS...BUT THATS BASICLY AN "EDUCATED" GUESS.

    4/17/2012 Bear5642 THIS IS A SPECULATIVE INVESTMENT HOWEVER TOO MANY PEOPLE WHO ARE EXTREMELY INTELLIGENT AND INFLUENTIAL PEOPLE ARE INVESTED IN THE DINAR...EVEN IF IRAQ COMES OUT AT .86 WE ARE BLESSED. IRAQ HAS CLEARLY STATED THEIR INTENTIONS AND WHEN THEY WILL PUT UP 200 BILLION US DOLLARS FOR THE SAKE OF SECURING THE VALUE OF THE IQD THEY MEAN BUSINESS. THE ARTICLES AND PRESS CONFERENCES CLEARLY INDICATE THEY WILL REVALUE THE IQD.

    4/17/2012 8Ball remember...in trillions amount of value...rise...creates buying power with 3-4 billion people which...has never happened before...that would have a major impact on the world economy so going slow 1 cent at a time would probably be a good idea...Iraq is isolated and is a brand new economy to the world...Oil based, Iraq can inject the world economy when the world economy needs an injection of new capital.

    4/17/2012 Poppy3 many think the next n/c [National Conference] Will take place this week...I have been expecting this one to get several things completed and hopefully the ERBIL, MINISTERS AND MAYBE EVEN THE RV WILL BE ACTIVATED SHORTLY AFTER THIS MEETING...there is no way to decern the date of this moving target but if things go as I think...next week looks very good to me.

    4/17/2012 Hammerman THE NATIONAL CONFERENCE WAS LAST NIGHT. OVER, DONE, FINSHED. ERBIL WAS SIGN SEALED AN SITTING ON A DESK WAITING TO BE RELEASED...THAT...CAME FROM 3 HIGH END SOURCES. I STILL DO NOT THINK WE WILL SEE A RATE ON THE IQD BEFORE THE 20TH BUT IT COULD SHOW AT ANY TIME.

    4/17/2012 Blaino APPARENTLY CHINA AND VIETNAM HAVE REVALUED. THE RATE IS HELD FROM PUBLIC RELEASE PENDING THE REVAL OF THE IQD ... SO WE ARE INFORMED BY COMPETENT SOURCES AND CONTACTS ADDITIONALLY: IQD IS CURRENTLY RE-APPEARING ON TELLER SCREENS IN MANY AREAS AND ACROSS THE BANKING SECTOR. THIS VERY INFORMATION MAY NOT BE APPARENT TO THE TELLERS THEMSELVES, AND THIS COULD BE A PART OF THE PLAN TO HAVE IT JUST "APPEAR" SORT OF SUDDENLY.

    4/17/2012 Bluwolf THERE WILL NOT BE ANY INFO ABOUT DELAYS, TECH.STUFF, GOI ISSUES, DATES OR RATES FROM ME...ALL IS GOOD THAT IS ALL...PERIOD.

    4/17/2012 Bear5642 no news is great news. No one will know the date and rate, that's a fact, the impact that could have on the economy would be devastating. Hillary clinton made a statement 6 months ago that iraq in less than two years will exceed the chinese economy because they have the resources to back it and in all actuality they have more untapped than kuwait has already harvested. We are patiently waiting for the cbi to just do it. Lower denoms are not out yet. Get ready it's about to happen.

    4/17/2012 Hammerman SOME ARE SAYING IQD RVED LAST NIGHT...FOOLISH TALK. NO GROUP IN NEVADA OR TEXAS IS CASHING IN TODAY AND NONE PLANNED YET FOR TOMMOROW. 2 OF THE BIG 4 ALONG WITH 3 OTHERS SAYING VND RVED WITH CHINA BUT THEY ARE KEEPING IN HOUSE UNTIL THE IQD GOES. (RUMORS) WE HAVE 8 RVS IN THE LAST 36 HOURS BUT THEY ARE KEEPING IT VERY LOW KEY WAITING ON IRAQ. SOME OF THE MAJOR BANKS HAVE A LIVE CASH IN RATE ON THE IQD FRONT SCREENS BUT IT IS 1166 SO IT MEANS NOTHING. RUMOR ALSO IS SOME WF TELLER SRCEENS NOW SHOW IQD AT 1166. THIS IS GREAT NEWS IF TRUE. WE ARE AT THE END AND VERY VERY CLOSE.

    4/17/2012 Frank26/Delta The GOI transferred 200 billion to support the dinar exchange rate. Not the CBI. HUGE news! The 200 billion transfer of funds is an International transfer. This is HUGE for our investment! They are staging themselves. It was to support the exchange rate of the Dinar. This was told to the people on TV!!! This does not include the 65 billion in reserves. They have 120% backup on 65 billion reserves. If CBI has 120% backup what are they waiting for??? Another 200 billion backup of currency is 3 times as much +20% they could support a 3.50ish rate...we are just waiting for the announcement. CBI has told us “in coming few days”...We are really very close to the event.

    4/17/2012 Footforward IVE HEARD GOOD INTEL FOR A LONG TIME, AND THIS HAS BEEN SO CLOSE TO SHOWING UP THAT YOU GUYS HAVE NO IDEA. THATS THE FRUSTRATING PART. BUT ALL THE INTEL IM STILL HEARING IS GOOD. NOTHING BUT GOOD. [RATE?] LOOK FOR A RANGE OF LIKE 5-15 DOLLERS...BUT THATS BASICLY AN "EDUCATED" GUESS.
    Last edited by coopschick; 04-17-2012 at 06:05 PM.

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