* Med Chat – Post By Glk Dinar Speculator: Dinar Recaps 01/20/2012

January 20th, 2012 04:20 pm · Posted in CHATS & POSTS: Iraqi Dinar Exchange Rate & Buy Dinar Info 

_Med chat 1-20-2012 9:30 am EasternRetta says to (09:24:14): I am not discouraged but they keep telling us 2013 it it takes them as long to finish what is needed it is most likely right is saying 2013

Med says to (09:24:39): RETTA THEY ALSO SAID THEY OFFICIALLY WANTED IT DONE IN 2012 THIS CAME FROM CBI NOT FROM SOME UNKNOWN AUTHOR

REMEMBER YOU ONLY NEED TO WATCH THE WORDS OF ONE PERSON AND THAT IS SHABIBI

 
_ Retta says to (09:25:12): hope they do get it done snowflake says to (09:25:19): good morning nedMed says to (09:25:22): OF COURSE THEY WILL THAT IS NOT IN DOUBT THE ISSUE IS 2 YRS TO FINISH

AND THAT IS NOT IMPLEMENT IT IS TO GET RID OF WHAT THEY HAVE IN EXPECTATIONS

EXPECTATIONS TO ME FROM THE ARTICLES IS FOR CBI TO ABSORB THE LARGER DENOMS WHILE AT THE SAME TIME GETTING THE IRAQI STREETS TO USE THE DINAR AND NOT FOREIGN CURRENCIES

RIGHT NOW CBI IS LOSING THAT BATTLE REMEMBER OCT 09 NO MORE USD WAS TO BE SEEN IN IRAQ THAT HAS NOT WORKED

IT HAS INCREASED EVEN MORE AND IT IS THE LACK OF CONFIDENCE THAT THE IRAQI PEOPLE HAVE IN THE DINAR IT WILL HAVE TO TAKE A MAJOR CHANGE IN THE EXCHANGE RATE AND INTERNATIONAL STATUS FOR THE PEOPLE OF IRAQ TO JUMP ON THE BAND WAGON

REMEMBER ALSO THAT THE ENTIRE GOVT ALL THOSE MILLIONS WHO ARE EMPLOYED AND IN THE MILITARY WORK IN THE GOI AND MINISTRIES

ALL THE IMPORTS THAT ARE PURCHASED WHY CUZ ALL OIL REVENUES WHICH NOW IS 95% OF ALL REVENUES IS PAID TO IRAQ IN PETRO DOLLAR WHICH IS USD

NOW IF YOU WERE TO TAKE ALL THOSE SUBSIDIZED IMPORTS THAT THE GOVT PAYS FOR THAT GO TO THE IRAQI PEOPLE WHICH WILL STOP ONCE A FREE MARKET ECONOMY COMES INTO PLAY

INFLATION WILL JUMP SIGNIFICANTLY WHICH IS GOOD FOR US THOUGH I THINK BEFORE THAT IS PULLED OUR PART OF THIS WILL BE OVER

*******************SECOND CHAT ADDED***POST BY GLK**************** Med chat 1-20-2012 1:30 pm Eastern

Med says to (13:13:28): IT APPEARS THAT YESTERDAY THEY DID AGAINST WHAT THE MEDIA FIRST SAID THAT THEY DID DISCUSS THE BUDGET

AND ALSO I SEE THAT THEY ARE CALLING FOR IMMEDIATE ACTION ON THE HCL TRULY IF OTHERS WITHIN THE POLITICAL BLOCS ARE GETTING TIRED OF THE RIDICULOUS BEHAVIOR THEY MAY ACTUALLY GET THIS STRAIGHTENED OUT

IT WOULD REALLY BE AWESOME TO SEE THIS YEAR THE BUDGET ACTUALLY PASSED THE HCL APPROVED THEM INTO ARTICLE VIII WITH THE IMF AND CHAPTER VII REALLY WORKED OUT AND THE RV FINISHED

OH ALSO ELECTRICITY AND WATER EVERYONE OF THOSE I MENTIONED ARE ALL WORKABLE

NOW WATER AND POWER CAN BE STARTED BUT NOT FINISHED IN THE TIME FRAME I SAID

EVERYTHING ELSE COULD BE EASILY DONE AND PASSED OR REMOVED IN LESS THAN 6 MONTHS AND IS VERY PROBABLE

SORRY FOR INTERUPTING JUST SOME THOUGHTS I HAD ALL DONE

supermotomike says to (13:18:44): Thank You Medic!

Med says to (13:18:50): YW I SEE THAT ALSO THEY BELIEVE THAT IRAN IS BUYING UP DINAR ERRONEOUSLY THROUGH PROXIES

CHINA TRIED THE SAME THING SEVERAL YEARS AGO BUT THE U.S. STEPPED IN TO HELP IDENTIFY THE PROXY COMPANIES WHO WERE TRYING TO PROCURE LARGE AMOUNTS OF DINAR

LOL
NOW ALL DONE
TY

 
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