* DinarThug (Tuesday Bytes: Breitling – They Need To Do This Quick): DV 01/24/12
1-23-2012 Guru Doc More great hints as to the CBI’s strategy…One article was very forth coming and said the target exchange rate in the near term will be 1150…we are very excited that it appears the CBI has begun it march toward its stated ultimate RV rate of $1 to $1.3. The problem right now is that the CBI is constrained as to how fast it can move the rate due to chapter 7 and the lack of passed laws to support the ultimate RV value. The budget HAS NOT been approved…Erbil was also reported as being very close with a vote in Parliament 2-3 weeks away. The only reported timing for chapter 7 by the UNSC is June. We maintain that the minimum time for resolution of these issues is mid to late February. We report, you decide.
1-24-2012 Guru Breitling They have to change the note & the rate at the same time, otherwise it won’t work. They can’t introduce the new money & have the old money at the same rate, you just completely washed out your entire economy. They have to raise the value, retire the notes you want to take off, they co-exist at the same time at the same rate. Shabibi has stated it is going to be a 1 to 1 exchange. They need to do this quick.
1-23-2012 Guru Med WAS READING ANOTHER GREAT POST ON THE POSITIVE EFFECTS OF THE DRAFT BILL TO DELETE THE ZERO’S…MANY ARE NOW SEEING THE IMPACT IT WILL HAVE AND IT TOOK THEM YEARS TO SAY WHAT WE SAID YEARS AGO – THERE IS NO ECONOMIC POWER IN THE WORLD THAT DOES NOT HAVE A TRADEABLE CURRENCY. THIS IS NOT AN RV MONDAY OR FRIDAY DISCUSSION BUT DANG WE ARE IN THE HOME STRETCH AFTER ALMOST 8 YRS…THE OUTCOME WILL BE IN OUR NEAR FUTURE…NOT SAYING THE DREADED WORD SOON. LOL
The * DinarThug (Tuesday Bytes: Breitling – They Need To Do This Quick): DV 01/24/12 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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