Med Chat: Dinar Speculator 4/2/10 @ 10pm

April 2, 2010 · Posted in CHATS / POSTS
[Med] OK HERE IT IS
[Med] THERE IS ALLOT
[Med] ABOUT THE BANKS MEETING AND GOI PEOPLE GOING TO THE CENTRAL BANK OF KUWAIT THIS WEEKEND
[Med] AND AS I SAID IT WAS M.I.’S INTERPRETATION THAT THEY THOUGHT THE RV MAY HAPPEN TONIGHT
[Med] OK THIS IS RIGHT FROM THE CENTRAL BANK OF KUWAIT
[Med] THE FIRST TWO PARTS ARE CONFIRMED AS TRUE
[Med] BUT THE REASON THEY ARE GOING TO KUWAIT SUNDAY IS TO SETTLE THE DEBT AND OPEN FILES WITH KUWAIT
[Med] SO THEY CAN BE REMOVED FROM CHAPTER VII
[Med] TODAY CHINA AS WE KNOW ALSO SIGNED A BINDING AGREEMENT WITH IRAQ TO FORGIVE 80% OF THE DEBT OWED THEM.
[Med] ALSO CHINA AND RUSSIA BOTH SIGNED OFF WITH THE U.S. TO HARSH SANCTIONS AGAINST IRAN.
[Med] NOW BACK TO THE ISSUE AT HAND
[Med] I WAS GIVEN TWO SCENARIO’S ON THE RV
[Med] FIRST ONE IS THIS.
[Med] THEY KNOW ALREADY THAT THE SMALL DENOMS EXIST. THEY KNOW THEY HAVE BEEN DELIVERED TO THE BANKS.
[Med] BUT HAS ANYONE SEEN ANY ON THE STREET YET? ARE THEY AT LEAST IN ANY VENDORS HANDS?
[Med] THAT THE SECOND WE HERE THAT EVEN THE VENDORS HAVE THEM. THE RV IS HERE OR COMING RIGHT BEHIND IT.
[Med] THEY SAID THEY ARE NOT GOING TO RV AND THEN HAVE PEOPLE RUNNING AROUND WITH CURRENCY WORTH THOUSANDS.
[Med] I TOLD LAN THAT I HAVE HAD EMAILS SENT TO ME OF PEOPLE IN IRAQ CLAIMING THAT SMALL DENOMS ARE OUT. BUT I SEE NONE LISTED ON CBI’S SITE YET.
[Med] NEXT IS THIS WAY TO RV. I THINK THAT IT COINCIDES SOMEWHAT WITH BREITLINGS.
[Med] THAT THEY RV AND THEN A DEADLINE IS GIVEN TO EXCHANGE. THIS WAY THE PEOPLE WILL COME TO THE BANKS TO EXCHANGE THEIR CURRENCY AND GET THE SMALL DENOMS
[Med] I ALSO FOUND OUT SHABIBI’S INITIAL INTENTIONS ON THE IQD AND US THE INVESTOR.
[Med] HE WAS A SHARK TO SAY THE LEAST.
[Med] HE WAS GOING TO SELL AND SELL AND SELL IQD. NEVER HAVING THE INTENTION OF LETTING US CASH IN AT A HIGH RATE.
[Med] HE WAS GOING TO DO THIS.
[Med] AFTER SO LONG ON THE SALE OF IQD. HE WAS GOING TO ANNOUNCE A NO CONFIDENCE IN THE CURRENT IQD.
[Med] THEN ISSUE NEW DINAR.
[Med] BUT ALLOW PEOPLE TO GET ONE DINAR BACK FOR EVERY 5 THEY TURN IN.
[Med] THIS WOULD THEN DROP THE 17 TRILLION DINAR THEY AUCTIONED OFF DOWN TO ABOUT 3 TRILLION. WHICH WOULD HAVE BEEN MUCH MORE MANAGEABLE.
[Med] BUT HE CAN’T NOW.
[Med] THERE IS A CONFIDENCE IN THE IQD SO THAT IS OUT THE WINDOW. BUT THAT WAS THE INITIAL SCREWING WE WERE SUPPOSE TO TAKE.
[Med] BUT AS I SAID IT IS NOT HAPPENING THAT WAY.
[Med] NOW SHABIBI HAS DOUBLE TALKED SO MUCH SINCE AUGUST AND SO HAS THE ADVISOR SALEH AND THE MOF JABR.
[Med] ALL 3 STATED OPENLY THAT THE 3 ZERO’S WERE COMING OFF AND SALEH SAID IN OCTOBER THAT THE DECISION FOR THE DINAR WAS ALREADY MADE AND WOULD TAKE TIME TO GET GOING.
[MED] THEN AGAIN END OF FEBRUARY SALEH SAID THAT THEY HAD STARTED THE PROCESS THEY HAD BEEN WORKING ON FOR 5 YEARS AND WERE GETTING THINGS IN POSITION TO DELETE 3 ZERO’S.
[Med] THEN FOR 3 1/2 WKS THERE WERE OVER 20 ARTICLES FROM THE MOF, CBI, GOI ON THE REDENOMINATION AND REEVALUATION OF THE IQD.
[Med] IN EVERY NEWS MEDIA OUTLET IN IRAQ.
[Med] NOW THE IDIOTS EVEN SENT A PRESS STATEMENT TO XE.COM
[Med] BUT THEN WE SEE IN THE SAME NEWS OUTLET IN KURDISTAN AN ARTICLE APPARENTLY FROM SHABIBI ABOUT NO DELETION OF ZEROS THIS YEAR. THAT YOU CAN FIGHT INFLATION OTHER WAYS.
[Med] FIRST POINT. THIS IS THE SAME NEWS OUTLET THAT POSTED THE ARTICLE JUST BEFORE THEY SIGNED THE AGREEMENT WITH THE IMF. THAT STATED IT WAS ONLY RUMOR ABOUT A DEAL WITH THE IMF.
[Med] WHICH WE ALL KNOW WAS TOTAL BS.
[Med] WE ALSO KNOW THAT SHABIBI SAID THEY ARE GOING ON THE CURRENCY EXCHANGE, INTERBANK TRADE AND CURRENCY FUTURES MARKET.
[Med] HOW? IF HE IS NOT GOING INTERNATIONAL
[Med] HE CAN’T
[Med] ALL OF THIS I SPENT HRS RECONFIRMING
[Med] NEXT***
[Med] THE ONLY OTHER WAY THEY COULD PAY ANY OF THE DEBT BACK ON THIS IMF LOAN OTHER THAN RV.
[Med] IS TO LIQUIDATE THEIR GOLD.
[Med] I AM TOLD THEY WILL NOT.
[Med] IT WOULD BE SELLING OFF THEIR FUTURE ASSETS.
[Med] NEXT IS IMPORTANT
[Med] SHABIBI IS ONLY HERE AS LONG AS THE NEW GOVT COMING IN WANTS HIM TO BE
[Med] HE IS NOT ALLAWI’S APPOINTMENT
[Med] NOR DOES HE HAVE TO KEEP HIM
[Med] I AM TOLD ALLAWI WANTS TWO THINGS DONE ASAP
[Med] RV AND HCL RESOLVED
[Med] AND THAT IF SHABIBI DOES NOT WANT THE RESPONSIBILITY THAT ALL ALLAWI HAS TO DO IS ASK THE IMF TO DO IT FOR HIM.
[Med] I AM TOLD THEY WILL.
[Med] IT IS THAT SIMPLE
[Med] ALSO JABR IS NOT HIS APPOINTMENT EITHER AT THE MOF
[Med] IN FACT NOONE IS.
[Med] SO ALL THESE PROCRASTINATORS WE MAY NOT EVEN SEE AFTER HE PUTS HIS GOVT TOGETHER.
[Med] INCLUDING SHABIBI
[Med] IF HE DOES NOT SEE THE DIRECTION THAT ALLAWI WANTS FOR IRAQ
[Med] I HAD SO MUCH TOLD TO ME I AM TRYING TO REMEMBER EVERYTHING
[Med] OH THERE IS ONE BAD THING THAT HAPPENED TODAY
[Med] AS WE THOUGHT THE ISSUE WITH IRAN WAS SETTLED
[Med] IT WAS UNTIL JUST MINUTES AGO
[Med] U.S. FORCES INTERCEPTED WEAPONS AND EXPLOSIVES THAT WERE FOR THE TALIBAN IN AFGHANISTAN
[Med] THEY WERE NEWLY MANUFACTURED IN IRAN
[Med] WITH DATES AND SERIAL NUMBERS
[Med] THE NEWS REPORT WAS IT IS UNEQUIVICAL EVIDENCE THAT IRAN IS SUPPORTING THE TALIBAN IN THE WAR IN AFGHANISTAN.
[Med] WE ARE P*SSED
[Med] NOT SURE WHAT THE REPRECUSSIONS WILL BE. MAYBE JUST HARSHER SANCTIONS I HOPE.
[Med] NOW ALSO I FOUND OUT THAT MANY OF THE COMPANIES THE LAST FEW MONTHS HAD BEEN HOLDING BACK ON MALIKI
[Med] THE SPEED OF WHICH THINGS WERE BEING DONE HAD SLOWED DRAMATICLY
[Med] MAKING IT SEEM NOTHING WAS BEING ACCOMPLISHED. THIS WAS DONE UNPURPOSE TO UNDERMINE HIS ADMINISTRATION.
[Med] AS OIL IMPORTS SHOULD BE GOING UP DRAMATICLY THEY ACTUALLY WENT DOWN THIS LAST MONTH.
[Med] TO UNDER 2 MBPD
[Med] SO BESIDES THE ISSUE WITH IRAN AGAIN. WE ARE IN GOOD SHAPE.
[Med] THE IMF HAS TO BE PAID BACK.
[Med] THE WB HAS TO BE PAID BACK.
[Med] SANCTIONS WILL BE REMOVED FROM IRAQ
[Med] AND THE IMF I AM TOLD IS LETTING IRAQ WAIT TO GET IT DONE BEFORE THEY ARE MOVED INTO ARTICLE VIII
[Med] IT WILL BE MUCH MORE OF A SUCCESS IF THEY HAVE THAT RESOLVED THAN NOT
[Med] OK PRETTY MUCH ALL I HAVE