* Med Chats – Post By Glk & Ksdunlap Dinar Speculator: Dinar Recaps 01/19/2012
IT IS STILL ACCORDING TO THE IMF IN A CRAWLING PEG AGAINST THE USD OR WHAT IS CALLED A DIRTY FLOAT MANIPULATED BY IT’S OWN CENTRAL BANK NOT ANY OTHERS
BUYING UP AND OR SELLING IT’S OWN CURRENCY DEPENDING ON THE CURRENT FLUCTUATION IN THE IRAQI… I SAY IRAQI MARKETS ON THE STREETS SINCE THERE IS NO OTHER MARKET AVAILABLE FOR THE DINAR
AND ALSO WE NEED TO REMEMBER THAT THE DINAR IS STILL UNDER ARTICLE XIV IN THE IMF AND MUST MOVE TO ARTICLE VIII WHICH THE CENTRAL BANK HAS NOT DONE …
THOUGH OK IT HAS MOVED BUT IT NEEDS TO MOVE LIKE 1200 FOR ME TO BE JUMPING LOL TY
Cheeks says to (06:08:44): but pips is postive
Med says to (06:08:50): OH OF COURSE
willmgs says to (06:08:55): Why would the CBI change the rate know?
Med says to (06:09:06): YOU KNOW I HAVE NO CLUE THIS CHANGE IS NOT GOING
Cheeks says to (06:09:15): inflation
Med says to (06:09:27): TO MAKE THOSE ON THE STREETS WANT TO USE IT INSTEAD OF THE USD THAT IS POSSIBLE CHEEKS AND YOU KNOW WHAT THAT IS PROBABLY THE BIGEST REASON RIGHT NOW BUT WE KNOW THAT 4 PIPS IS NOT GOING TO DENT ANY INCREASE IN PURCHASING POWER
Cheeks says to (06:10:20): adjustment to the dollar
Med says to (06:10:44): SEE THE PROBLEM IS THEY TECHNICALLY ARE PEGGED AGAINST THE USD WHICH IS SUPPOSE TO HELP THOSE CURRENCIES WITH STABILITY AND WHEN THE USD GOES UP THE DINAR SHOULD HAVE BUT DIDNT
Cheeks says to (06:11:45): the us is strong right now
Med says to (06:11:52): THIS IS WHY IF YOU READ THE IMF.ORG INFO ON THE DINAR THEY ARE UNDER A CRAWLING PEG JUST THE LAST 3 YEARS THEY HAVE BEEN CRAWLING LIKE THEY ARE IN MOLASSES IN THE ARCTIC
Cheeks says to (06:12:31): right. maybe to line numbers up… just a taut lol just a black line *********************SECOND CHAT POSTED BY KSDUNLAP**************
Med’s chat 1-19-12 @ 6:38am cdt
Dinar Mark (07:34:54): The Dinar went to a float, any signfiance in that?
(several gm’s)
Med (07:38:33): NO IT DID NOT DINAR MARK IT IS NOT IN A FLOAT IT IS STILL IN A CRAWLING PEG ACCORDING TO THE IMF OR A DIRTY FLOAT WHICH IS WHAT IT HAS BEEN IN FOR 4 YRS TO THIS DAY
Dinar Mark: Sorry for that ? I did not read forums before chat
Med: NO NOT A PROBLEM ONE THING AND I DONT DISLIKE 4APROFIT AT ALL BUT HE JUMPS
FIRST OFF HOW COULD THEY THEY ARE NOT TRADEABLE AND ALSO THEY HAVE NEVER BEEN IN A FLOAT EVER
THEY HAVE SINCE 2004 BEEN ON AN IMF SBA AND WITH THIS SBA AGREEMENT THEY ARE PEGGED AGAINST THE USD
JUST HOW COULD A CURRENCY THAT IS NOT HOLDING IT’S OWN VALUE INSIDE IT’S OWN BORDERS AND THE CURRENCY THAT IS BEING DOMINANT WHICH IS THE USD GO ON ITS OWN AND SURVIVE
I KNOW THAT THE 1166 IS AN OFFICIAL RATE CHANGE BUT 4 PIPS IS LIKE ROLLING A BB OFF THE GRAND CANYON
NOONE IS GOING TO NOTICE IT IT WILL HAVE ABSOLUTELY NO IMPACT ON PURCHASING POWER OR INFLATION
SONNY AND I FIGURED IT OUT BASED ON THE AVG MONTHLY AND YEARLY PIPS UP TILL JAN 19, 2009 GOING FROM 4000 TO 1 IN 04 TO 1170 TO 1 JAN 09
THEY MOVED OVER 2000 PIPS IN THOSE FIVE YRS WELL NOT EVEN 5 YRS
JUST AVG IT OUT AND WE SHOULD BE DOWN TO ALMOST EVEN OR MAYBE A COUPLE HUNDRED PIPS TO 1 USD AND SINCE WE RIGHT NOW ARE AT WHAT UMMM .00086 WHICH IS WHAT 9/10 OF 1/10TH OF A PENNY
The * Med Chats – Post By Glk & Ksdunlap Dinar Speculator: Dinar Recaps 01/19/2012 by Dinar Daddy's Tidbits, unless otherwise expressly stated, is licensed under a Creative Commons Attribution-ShareAlike 3.0 Unported License.
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