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Some persons are exaggerators by temperament -- They do not mean untruth, but their feelings are strong, and their imaginations vivid, so that their statements are largely discounted by those of calm judgment and cooler temperament -- They do not realize that "we always weaken what we exaggerate" Tryon Edwards
Exaggeration is a blood relation to falsehood, and nearly as blameable -- H Ballou
Exaggeration as to rhetoric, is using a vast force to lift a feather; as to morals and character, it is using falsehood to lift one's self out of the confidence of his fellowmen -- Paget
There are some persons who would not for their lives tell a direct and willful lie, but who so exaggerate that it seems as if for their lives they could not tell the exact truth -- Paget
Never speak by superlatives; for in so doing you will be likely to would either truth or prudence -- Exaggeration is neither thoughtful, wise, nor safe -- It is a proof of the weakness of the understanding, or the want of discernment of him that utters it, so that even when he speaks the truth, he soon finds it is received with partial, or even utter unbelief -- Hume
|Possible Revaluation Outcome - Post By The Rock BondLady's Corner|
This is just a thought, an opinion based on currency trading. I see and do currency trading everyday and understand a bit about how currency is traded.
So let me put out a thought that I discussed in the chat today. Plz keep in mind its only an opinion and possible option that could take place.
Things we know for sure.
1. CBI is moving forward with the plans to remove the 000's.
2. The banking system has and continues to be built up in Iraq, especially the electronic side of it.
3. Iraq is still in Chapter 7.
4. The GOI looks like they are about to restructure to a majority GOI.
5. Article 140, oil and gas law is soon to be passed.
6. We are only speculating on the pending revaluation. There is no concrete evidence of it, other then the CBI stating they are going to make the Dinar stronger. They never really came out and said how they are going to do it. They have said redenomination and many articles also have said it. I believe its a revaluation done in a different way. Let me explain. Please add your comments.
7. The forex has been continually updating information and charts on their websites. Although you can not trade the IQD right now. Why would they spend the time updating information if the IQD was not going to be traded?
8. The CBI is separate from teh GOI and can act on their own...Read More
|The IQD Team: Highlights/Summary & Replay Conf Call Sun 1-29 Latest Greatest Iraq Dinar RV News|
The IQD Team
Jan 29, 2012
Highlights/Summary & Replay of CC
Conference Call Replay - Jan. 29, 2012Download/Playback
760-569-7699 Pin 769478# 196 Minutes
Thanks to Mark for the summaryHighlights/Summary of Tonights News:
Nothing but more positive news....moving forward The IQD Team
Jan 29, 2012
Thanks to Mark for the summaryHighlights/Summary of Tonights News:Read More
|Soonerfan Update - Post By Highhopes PTR Forum
Posted Monday, 07:03 PM
4:44 PM [Baxter1243] Well...the 72 hour window passed hours ago......the Algorithms...the bank screens...the Lockdowns....the 11+ dollar rate....its got to be close..theres nothing left...
4:45 PM [soonerfan62] Baxter1243 Baxter1243 Additional 48 started yesterday and if you're looking for $11 forget it
4:46 PM [imagine] soonerfan62 so they have another 24 hours and rate around 8ish still?
4:47 PM [soonerfan62] imagine 6-8, but better than 3 had they forced the RI today
From MIG: i was told in no way would this be a ri, that rates was at the corporate banks, and it's a rv. tuesday rate would show cash in wed.
|DinarAlert Conference Call Sunday Night Jan 29th, 8pm CST - Replay links|
DinarAlert Conference Call Sunday Night Jan 29th, 8pm CST - Replay links The call dropped on two occasions last night so the recording is broken down into 3 segments...
Part 1 -Introduction - 4 minutes long. Part 1 RECORDING LINK
Part 2 - Articles, discussion & beginning Q & A - 82 minutes long. Part 2 RECORDING LINK
Part 3 - Q & A and Russell joins in - 56 minutes long. Part 3 RECORDING LINK
|JimmySmack Bank Story 3S's Intel|
[Dove] 4:47 PM [JimmySmack] My own personal bank story from today. I went to my bank in FL that I have my other business accounts in. The bank manager is a good person who has in the past bought 'the company line'! I took him a closed envelope telling him to read at end of day.
It was from me stating for him to contact me asap when the IQD rvs. He asked me to step into his office. He said for me to sit so he could show me his screen.
He had never seen this before. I had been bringing him up to speed on the IQD. It was a change significant enough for him to show me without prodding. He will call their foreign currency desk
|Jonnywg in 3S's chat Mon evening|
[jonnywg] ALL, WE ARE AT THAT WARM PLACE AGAIN. I WOULD LIKE TO TAKE THE TIME TO THANK CHASE MANHATTAN BANK, WELLS FARGO BANK, AND BANK OF AMERICA.
THESE THREE HAVE COOPERATED WITH OUR GROUP DAY IN AND DAY OUT. THEY HAVE PUT UP WITH THOUSANDS OF NEEDLESS CALLS, THEY HAVE BEEN HARASSED AN CAJOLED TO THE BREAKING POINT ...
I THANK YOU. CHASE, WELLS AND BOA HAVE PERSEVERED AND COOPERATED WITH THE DINAR FAMILY. I APPRECIATE THEM AND I HOPE YOU DO TOO.... DO NOT CALL BANKS....
BUT MAYBE AN E-MAIL OR A PERSONAL THANKS TO A TELLER OR ACCOUNT MANAGER WOULD DO SOME GOOD........
THESE COMPANIES HAVE BENT OVER BACKWARDS COOPERATING WITH ME AND DESERVE SOME CREDIT. ON ANOTHER NOTE THINGS ARE ROLLING ALONG ...... NOT FINISHED YET BUT CLOSE AGAIN RI/RV MAYBE SOON.
***DO NOT CALL THE BANKS*** THANK YOU
|Cap1 Chat Update - Post By Highhopes PTR Forum|
RVIT] ..CAP1 , how strong do you feel as to cashing out this week???
[..CAP1] STRONGER THAN BUZZARDS BREATH AFTER EATING ROAD KILL! LOL[8:01:49 PM] Dianne:
[..CAP1] RECEIVED FROM A MEMBER EARLIER TODAY:
I just got a text from a friend that didnt believe the UST was on lock down and argued with me this morning.
He went to his source that has family there and did confirm that as of 1130am today they did go back into lock down.
hey were on stand by this morning. Just recieved confirmation from a source that at 1130 the UST did in fact go back into lock down
[KDW] Ok i am back with news from across the pond lawyer said that it should go tonight if for some reason most definetly go tomorrow with a rate of 11.77 he said nothing about to the gbp ok this is my thinking time frame is now till 3 pm ct tomorrow it will be tuesday midnight iraq time per oil contract generals 64 and a footforward
|Generals64 Update - Post By Highhopes PTR Forum|
Posted Monday, 07:52 PM
[generals64] Very quickly:..........February 1st is payday over there and they are supposed (once again) to be paid in The Revalued Dinar....So, that would make it tht at 4:00 p.m. tomorrow
(OKC time) it will be 12:00 Wednesday morning....Hmmm....kinda hard to pay with something you don't have...also kinda hard Not to pay after tellng everyone how they would be paid....
"just Food for thought"...Now it's to the Garden got the Onions and Spinach planted...
|Footforward Update - Post By Highhopes PTR Forum|
Posted Monday, 07:38 PM
[footforward] UNDERSTAND THAT MY SILENCE SHOULD BE GOLDEN.
THERE HASNT BEEN MUCH TO SAY, HENCE WHY I HAVENT BEEN AROUND MUCH. UNDERSTAND THAT ALL THE NEWS I HAVE IS GOOD. ALL OF IT. EVERY LAST BIT OF IT!!!
HANG IN THERE AND WHATEVER YOU DO, DO NOT SELL YOUR DINAR!
|Bluwolf Mini Chat - Post By TamRon400 G.E.T. Forum|
Bluwolf 6:25 pm EST on 1/30/2012 � on: Monday at 06:43:20 PM �
[bluwolf] agent 007 though I cannot give out any info at this time I want you to know
that we are in good shape as of now
[bluwolf] yes we are in a fabulous situation just about now
[bluwolf] I am sorry that I cannot share at this moment
[bluwolf] I believe that everybody will be ok
[bluwolf] cj minute to minute
[bluwolf] great at this hour
|PTR recorded and playback for the 6PM est call|
PTR Recorded call for 6 pm, 1/30/12 1-760-569-7699 pin 711415#Freeconference call playback LINK
|Mini Med Chat - Post By Tudor Dinar Speculator|
MED'S MINI CHAT 1/30/12 4pm ct
Med says to (16:59:58): HELLO DS
THEY ARE SENDING ME TO A NEUROLOGIST
GREAT ARTICLE STLOU THE LAST TWO ARTICLE HAVE BEEN EXCELLENT
IT SEEMS TO ME FROM THE ARTICLES COMING OUT
THAT SOME ARE FEELING BACKED INTO A CORNER
AND CBI AGAIN ANNOUNCING AGAIN THAT HE NEGATIVE COMMENTS
FROM THE GOI TO CBI ARE NOTHING BUT INDIVIDUAL HATREDS
ALL IN ALL THIS IS VERY GOOD AND EXCITING NEWS
TY ALL DONE I AM REALLY GROGGY
SO I AM TRYING TO KEEP IT SHORT IN FACT I CANT FOCUS RIGHT NOW
I AM SORRY WILL BBL
The below posts were in our 6pm email
|Bluedog Chat - Post By TONI1960 - G.E.T. Forum|
bluedog 11;30CST 1/30/2012 � on: Monday at 01:14:59 AM �
toni (TONI1960): (*) bluedog 11:30 cst 1/29/2012
(TONI1960 bluedog] Khuzaie said in a statement issued by his office after meeting with the Swedish ambassador in Baghdad has received "Twilight News" copy that "Iraq is ready to provide all the guarantees required by the investment companies to enter the Iraqi market for the implementation of major projects."
[bluedog] Parliamentary source, Sunday, that the meeting of the Council of Representatives of the 16 which will be held the day after tomorrow, Tuesday, will see the first and second readings of the nine bills, including the budget 2012 and the lending staff
[bluedog] and again I feel need a Rate before or same time as Buget
[bluedog] saw a article today stating ....in the coming days the rate change would take care of inflation
[bluedog] and change the but rate...Read More
|Jonny Update - Post By Asells 3S's Intel|
Posted Monday, 03:48 PM
[blimpy123] jonnywg the first mouse gets the trap, the 2nd the cheese, the third gets the factory. We wait patiently all together , WITH YOU...and that's that..
[jonnywg] blimpy123 TAKING THE CHEESE AND RUNNING
[jonnywg] THERE MAY NOT BE ANY HIGHER............ MAY ONLY BE LOWER
[chuckw] jonnywg Is there a timeline
[oldcajun5] jonnywg any news on the dong? Will it fall before the dinar?
[jonnywg] oldcajun5 MAYBE
[jonnywg] HEADED TO RESEARCH........... BACK IN AN HOUR
[Jeepgirl] jonnywg good luck in your digging..
[jonnywg] Jeepgirl MIGHT NEED A TRUCK.......... INFO TOUGH TO PULL OUT
|A J's Intel - Post By AJ Anderson OOM Forum|
AJ's Intel 01-30-12 Monday at 10:27 am
Hello Friends and Foes,
At 10:40 pm last night, we have the USD up slightly by .18 @ 79.01, so the so called "lock down" of the UST is doing marginally some good.
Crude is down .50 @ 99.06, Gold down 6.10 @ 1731.20, Silver down .56 @ 33.46
At 8:15 this morning we have the USD up slighly again by .55 @ 79.38, so again the UST is doing marginally some more good.
Crude down .96 @ 98.60, Gold down by 10.50 @ 1726.80, Silver down by .72 @ 33.27 kitco.com/markets/
The Euro against the USD is at 1.30905 up from last week.
No change on the CBI for the IQD, still at 1166. and 1164.
The IQD on the exchange rate is at .0008568 down from yesterday....Read More
|PeopleInvested Chat w/Fresh - Post By Mdj PTR Forum
Posted Today, 02:25 PM
From PeopleInvested Chat with Fresh 1:45 EST Monday:
[Fresh] OKAY FOLKS LISTEN UP... STILL GOT TO MAKE SOME BIGGER CALLS BUT LET'S GET EXCITED [Fresh] Take a look at ALL the information coming out of Iraq right now - don't just focus on the "national conference" - look at Parliament, look at Barzani and the Kurds, look at the Iraqi list - they are all meeting to work out Erbil, Ministers, and everything we've been waiting on!
[Fresh] now take into account all that GREAT information and stack it up against last night's call - it's confirmation of the process we've discussed on our calls for months!
[Fresh] Be excited... if they don't get Erbil (HCL, Ministers, etc) worked out - Barzani has stepped out today and said we are going to do this without the Central Government - or as we've explained for months - the Kurds are going to start paying their bills and force the low rate initially
[Fresh] this is GREAT and everyone needs to be patient!!!...Read More
|Call Notes of Tony/Dan/Gary/ - Post By Highhopes PTR Forum
1PM PTR CC
Replay 760-569-7699 Pin 962696#
MP3 by Buckwheat: http://kiwi6.com/file/u18s5wrkxe
Reg MP3 LINK
Posted Today, 01:49 PM
Here are a few highlights of Dinar intel from todays call. I did not type the chatty stuff.
Dan: Sorry we are late, Some of us are getting serious and trillions of dollars are about to change hands.
How do you give info when you really arn't supposed to say much about it??? We have to put something together that makes sense and protects sources.
I would rather be cautious and stay in a good position then have loose lips and maybe not be in such a good position....Read More
|Jonnywg 3S's Intel Chat Q & A Post By AndieZ1|
11:22 AM CST [jonnywg] HI ALL, TODAY IS SUPPOSED TO ANSWER THE QUESTIONS. THE RI/RV IS IN THE FINAL STAGES AS FAR AS WE KNOW. MORE INFO TO COME
THIS AFTERNOON. THE UST IS STILL IN LOCKDOWN. THE BANK SCREENS ARE STILL SHOWING LIVE RATES AS PER YESTERDAY. MOST SOURCES SAY ALL IS DONE BUT........
IT IS NOT LIVE ON THE TELLER SCREENS SO...... DO NOT CALL THE BANK
[tc0043] jonnywg Thanks Jonny. Do we know if it`s RI or RV ?
[jonnywg] tc0043 NO COULD BE EITHER
[Dimples] Does that mean there is no trading of currencies, due to not showing?
[jonnywg] Dimples NO ............CURRENCIES ARE TRADING
[jonnywg] POLICY STATEMENT: IF ANY MEMBER IS HARRASSED OR GIVEN INAPPROPRIATE REMARKS BY ANOTHER MEMBER IN CHAT OR PM/IM PLEASE CONTACT A MOD IMMEDIATELY OR CONTACT ME,,Read More
|Poppy3 Chat Post By Blacksquirrel PTR Forum|
Note this was emailed to us thanks Ken
[blacksquirrel] [poppy3] RickeyT no they don't have years they have way to much pending on their end to tary or put off for a long period. Inflation is rising and shabibi hates that he has stated he can't let it get to a certain level or it will be to hard for him to reign it back in.
Also the have ordered ships and aircraft that they need yesterday and construction of these will not start till they have paid a large % of the purchase price. No it will be very soon.
[blacksquirrel] [poppy3] RickeyT the things i mentioned are just a very very few of all that is at stake for them if they don't get-r done very soon. The pressure dr shabibi is under is tremendous and we should all admire him for protecting us as long as he can waiting for stability.
[blacksquirrel] [poppy3] lobster sorry to disagree but imf can't force any country to rv . They can only advise and agree to the rate. it is up to each country to set the time to activate. This come direct from former fed reserve board member. poppy3
|Papajack Chat OOMC|
papajack: I got a call this morning and was told back screens (NOT PUBLIC) were at $3.29 and supposedly going up, but that's not confirmable.
hopeychangey: that's a good sign that something is happening
papajack: Something is happening for a change and that is the GOOD news
jlittle9823 to papajack: Did you hear any indicators as to when it will change over to public screens or the whole RI vs RV thing
papajack: jlittle I have no way of knowing other than waiting like everyone else but I'm hopeful
papajack: I'm thinking this week will at least tell the tale
bigtim to papajack: this hole imf push has been debunked back and forth now .... someone just posted acutal documentation showing imf does NOT have any right to make a coundty rv... so were are we now
papajack: bigtim That is not true, the IMF can't force an RV but they can enforce deals that were made when they loaned Iraq money.
papajack: It's like a capital venture company telling somebody that borrowed money what they need to do to run their company.
papajack: It's like a capital venture company telling somebody that borrowed money what they need to do to run their company.
papajack: Keep in mind there are many well intentioned people that give opinions but nobody will be right until we leave the bank
papajack: Myself included
|Arizonaheat/Lojak/Hawaii Tidbits - MIG & 3S's Intel Chat|
Misc: tidbits from MIG and 3sintel Monday morning: Thanks to Highhopes & Shybaby from PTR Forum
[Arizonaheat] Squirrelcheeks no, there has been a long drug out process that has stoped them from doing this. It became more about global realignment that Iraq, so several negotiations were taking place. but with that being said,
the time has come for the IMF to put an end to the posturing of individuals who refuse to end this. Iraq is in default and they have been for a long time.
blimpy123] Look at IMF as your banker, would you want to make your banker mad...common sense says that Iraq WILL work with the IMF, irregardless of current loan, because they need their support long term, as every country does. This is fledgling
[Arizonaheat] The IMF doesnt want oil, they want monry. so all the oil in the world doesnt help the IMF
hawaii] lojak then why are we sitting here on a monday after all weekend of hearing that IMF already pulled the trigger on friday? Because its nonsense thats why
[hawaii] for those who want real info, the gov employees get paid thursday, it is supposed to be in "new value" currency. You will no doubt hear this repeated all day by others and claimed as their own, thats cool, as long as the true info gets circulated...I will take one for the team...Read More
|Will Vietnamese Dong Revalue ? Post By Miskebam OOM Forum
Will vietnamese dong revalue 2011-2012forex trading outlook today - Will vietnamese dong revalue 2011-2012 :
The process of currency revaluation refers to an active decision of any government to increase or decrease the currency value in relation to other currencies. Revaluation is characteristic of fixed currencies, wherein the currency is pegged to another currency.
The official currency
of Vietnam, the Dong is divided
into 10 Hao, which are subsequently divided into 10 Xu. However, the Hao and the Xu are no longer issued and hence insignificant. The Dong was revalued in the mid 80's with the new Dong rising to equal 10 old Dongs.
By allowing the VND to revaluate
against the Dollar, prices of industrial input materials including fuel and steel billet can be checked, and promote domestic production with a greater domestic supply.
A strong currency would imply lower VND deposit interest rates too. It will help attract investment too. The State Bank of Vietnam widened the USD/VND trading band from �0.25% to �0.5% in 2007 to tackle the strong inflows of foreign currency that had caused an appreciation of the VND.
If you are looking at the Vietnamese Dong for investment
, there is no better time than right now. The Dong has been under pressure for sometime now but the overall picture has remained compelling.
With a young population, which boasts of 90% literates, labor cheaper than China and a variety of raw material exports - the Vietnamese market
is a good option for investors who are prepared to deal with slight volatilities.
With the World Trade Organization accepting Vietnam as a member, it can now compete on an equal footing with other export-oriented economies. Article Source: http://EzineArticles.com/4463923
|Arizonaheat 3S's Intel Chat Post By AndieZ1|
9:48 AM [Arizonaheat] OK, i needed to make a call on the IMF and what they can do to force a revalue its just like a venture capital company that invest into a company. They will look into the company, the management team and look at the progress.
They put in a managment plan. If the plan isnt being adhered to they have the right to step in to make sure they secure their money.
Its the same with the IMF. The IMF loaned Iraq other people's money, such as Great Britain, the US , China etc. They need to answer to those people (countries) as to the future of their money.
With that management plan, they have the right as agreed by Iraq to obtain their loans, to set thier currency to ensure that the money loaned is paid back AND they have done this before (the IMF) - revalued a country's currency with the OK of the country itself.
This country was India. They woke up one day and their currency was RV'd BECAUSE they had loans through the IMF. If India "did not" have loans through the IMF, it is correct that the IMF could not force them to revalue.
|BellaGrits 3S's Intel Chat Post By AndieZ1
9:05 AM [BellaGrits] Good morning to the best site on the dinarian net!!!!!! Just wanted you to know I stayed on a conference call for over 2 hours late last night, obtaining a great deal of info----
things look great....as you know the ole "duct tape" prevents me going into specifics....you can get more details from others....however, I've always been honest with you (ask DAN)
I assure you it's all good!!!! We are in the best place; I am extremely positve and happy....I am making plans for this week to make major changes.....
Thank you all for knowing you have the remarkable leaders you do such as Jonny (who has taken a beating over giving you facts), BWM, truly a remarkable man, and DinarWishes-- great guy and is really a true leader.
I hope this journey has meant as much to you as to me, as difficult as it has been...one more thing, Studley may not tell you all what you want to hear, but he tells you what he knows to be true--I admire that....he is a great guy.
Soonerfan62 has really stepped it up with our duct tape situations.....Shasta7.....wow, there are so many here......you can't get any better. We have the best MODS! I can't stress enough how hard their jobs are....Please know this site GREAT!!!!!!!!
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