MED CHAT UPDATE, 2 FEB

MED CHAT UPDATE, 2 FEB

Med's chat 9:00 AM

stlou says I never thought Iran would actually help us

Med says YES I SENT THEM A KMA CARD SIGNED

SpankyI says http://www.dinarspeculator.com/showt...277#post114277

Med says INFIDEL

stlou says now..question..

Med says GO AHEAD.....MAYBE SOMEONE CAN ANSWER IT stlou says isn't CBI normally closed on fridays/saturdays Med?

Med says YES IT IS WHY

stlou says and did they not call a holiday on Sunday?

Med says NO CLUE I ONLY SAW

stlou says I believe they did..birthday of Mohammad i think

Med says PARLIAMENT WAS HIMMING AND HAWWING ABOUT IT

stlou says hmm……

Med says WHAT MOHAMMAD

Med says EVERYONE IS NAMED MOHAMMAD
Med's chat 9:00 AM

stlou says I never thought Iran would actually help us

Med says YES I SENT THEM A KMA CARD SIGNED

SpankyI says http://www.dinarspeculator.com/showt...277#post114277

Med says INFIDEL

stlou says now..question..

Med says GO AHEAD.....MAYBE SOMEONE CAN ANSWER IT stlou says isn't CBI normally closed on fridays/saturdays Med?

Med says YES IT IS WHY

stlou says and did they not call a holiday on Sunday?

Med says NO CLUE I ONLY SAW

stlou says I believe they did..birthday of Mohammad i think

Med says PARLIAMENT WAS HIMMING AND HAWWING ABOUT IT

stlou says hmm……

Med says WHAT MOHAMMAD

Med says EVERYONE IS NAMED MOHAMMAD

stlou says Maliki holding these security meetings..hmm..

Med says I WOULDNT PUT TOO MUCH INTO IT

stlou says normally you would do this when violence is up, wouldn't you? but generally speaking, it is down

Med says NO I DONT THINK THIS IS THE REASON I THINK IT IS PART OF THE NEGOTIATIONS FOR SETTLEMENT OF THE ERBIL ND PART OF THE CONFERENCE IT WAS AN ISSUE

stlou says or maybe the arab summit next month

Med says WHAT ARAB SUMMIT

stlou says in Baghdad?

Med says FROM WHAT I UNDERSTOOD THEY CANCELLED IT THE ARAB LEAGUE

SAID THEY DIDNT WANT TO COME TO BAGHDAD WITH ALL THE FOOLISHNESS GOING ON

stlou says have it in Yooperland!!!

Med says NO THEY COULDN’T CUZ THIS IS GOD'S COUNTRY

stlou says too many swedes?

Med says NO

stlou says just funnin with you

Med says I AM FINN AND SWEDE

stlou says but in all seriousness..shabs is more than ready, would you not say?

Med says OH THAT IS ONE THAT MM17 WOULD LOVE TO ANSWER ME I AM JUST TOO CAUTIOUS

stlou says or cautiously optimistic?

Med says I HAVE ALWAYS BEEN OPTIMISTIC NEVER HAD A DOUBT JUST ON WHAT COULD BE THROWN IN THE PATH THAT IS WHY I AM CAUTIOUS HECK THE WAY THINGS SEEM TO BE MOVING

stlou says I think that letting 2 billion USD go bye bye in 1 month made him move a little faster

Med says IT COULD BE THIS MONTH BUT THEN ALL OF A SUDDEN THINGS HIT A LULL

AND YOU WONDER WHAT THE HECK IS UP RIGHT NOW THERE IS NO LULL

MANY THINGS HAVE HAPPENED THAT WE HAVE WAITED YEARS TO SEE

stlou says i liked the info about you can only get USD at the window at the banks now

SpankyI says I like this part of what I just posted The sale and purchase of the dollar in the local markets are now through the window and not through the auction, in order to maintain stability at the Iraqi dinar exchange for hard currency, is done through an inventory of cash from the Iraqi dinar in the market and then is pumped into the dollar, either in the form of cash or be in the form of "remittances" specialized private traders from importing them of goods.

stlou says you are very right my friend..

Med says WELL THEY WANTED PARLIAMENT SINCE MARCH 09 TO STOP

stlou says that is a very good sign spankles

Med says YES IT IS

stlou says in a way, they are continuing to get the higher denoms off the streets and the traders have now realized that the Iranian and Syrian money is worth lesss than camel dung

Med says FROM WHAT I UNDERSTAND

SpankyI says I was thinking so

Med says LARGE DENOMS ARE NOT VERY PROMINENT IN THE MARKETS

stlou says Med..this is very very good news we are extremely close to shabs pulling the trigger

he's got his dang finger on it right now sorry for swearing

Med says ONE ISSUE FIRST SHABIBI DOES NOT HAVE TO HAVE APPROVAL FOR THE EXCHANGE RATE

NOR FOR IT TO BE TRADING CURRENCIES BUT HE DOES FOR THE ISSUE OF THE NEW DENOMS

WHICH STILL NEEDS APPROVAL

stlou says and that could possibly be the bill he has before them now Med says to (09:12:45):

THE ONE THEY READ TWICE YES BUT WHEN ARE THE GOING TO VOTE THAT IS THE 64 K ?

stlou says but saleh said that parliament is in charge of the "implementation" in my view, that is the last piece Med

Med says AND YES THAT IS WHAT I JUST SAID

stlou says I know

Med says BUT WHEN WILL THEY VOTE

stlou says could they be waiting on the budget?

Med says STILL THE MOST IMPORTANT INFO THAT IS ALUDING US POSSIBLEBUT THEN WHY WOULD PARLIAMENT CALL FOR AN IMMEDIATE RATE CHANGE

SpankyI says The House of Representatives had already begun to consider the budget and completed the first reading and then the second and approval is expected in future meetings. Is i

Med says TO 1000 T0 1

stlou says it may contain the new rate, and then they allocate the monies to the provinces

SpankyI says sorry

Med says YES I SAW THAT SPANKY

Med says AND NP I DONT MIND INTERJECTION AT ALL IT HELPS

SpankyI says ok lol

Sawdust says Past articles stated this would be over by the end of 2013. Today's article stated it would take 18 months to replace the currency after becoming tradeable. So backing up 18 months brings us to about July of this year. Anytime from now until July 1st seems like a reasonable opportunity for the RV. IMO.

Med says I CANT REMEMBER EVERTHING THEY SAID THAT THEY WANTED IT BY END OF YR BACK IN JULY 2011 BUT PARLIAMENT DRAGGED THEN TOOK ANOTHER HOLIDAY

SpankyI says Wow but what u do remember blows my mind some times...

Med says THEN THEY ALSO HAD THE ONSLAUGHT OF ATTACKS BY SOME MORONS

WHO REPRESENTED MALIKI AND OTHER MINISTRIES WHO ALL OF A SUDDEN BECAME WORLD ECONOMISTS OK GANG GONNA GO AND TAKE A BREAK KINDA WORE MYSELF DOWNSO NEED TO RECOUP A BIT

jonmac says glad you are doing better, Med. Take it easy!!

Med says TY ALL I AM JM

SpankyI says thanks Med(}) take care

Med says JUST WEAR DOWN

jonmac says great!

Med says AFTER ABOUT 30 MIN

ksdunlap says Thank you Med .. have a great day

Med says I WILL BB WHEN I WAKE UP

glk says Thanks Med and go rest, I'll post here in a second !

Med says YOU TOO

SpankyI says to dont over do....I no thats hard for u not to do

Med says to I WILL BE ON AND OFF ALL DAY LOL I HAVE MY GRANDSON TODAY

glk says That will nice, nice to have you back on !

SpankyI says to fun...

Med says to HE IS SLEEPING TY GLK

glk says Lucky Grandson ...

Med says to TYVM LUCKY GRANDPA LOL

SpankyI says to both lol...


Med's chat 12:00 Noon


WE HAVE SOME MORE GREAT NEWS
AND IT WAS POSTED BY HARRY
TO ME
THIS ARTICLE IF IT WERE A BASEBALL GAME
WOULD BE A GRAND SLAM
IT IS A TELL ALL
NO BS
NO FRILLS
NO ADD ONS THAT MEAN NOTHING
THAT THE NEW EXCHANGE RATE
AND GOING TRADEABLE
IS FOR ONE REASON
TO ATTRACT FOREIGN INVESTMENT AND
THE TRADING OF CURRENCIES
WITH COUNTRIES THAT ACTUALLY ARE ECONOMICALLY VIABLE
AND CAN DO THINGS FOR IRAQ
AND NOT TRY TO SABOTAGE THE COUNTRIES ECONOMY OR MONETARY POLICY
ONE THING I WANT TO POINT OUT
WITH THE AUCTIONS STOPPING
THIS WAS HUGE
BUT NOT JUST FOR THE SAKE OF SEEING
CBI DO SOMETHING THEY SAID 4 DAYS AGO THEY WERENT GOING TO DO
OR SOMETHING THAT WE FOR YEARS WERE WAITING TO HAPPEN
LOOK AT THE ACTUAL IMPORTANCE
FIRST OFF
SHABIBI ALLOWED FOR MANY MONTHS NOW
THE USD TO BE USED OPENLY IN IRAQ
WHILE THEY WERE DRYING UP THE LARGE DENOMS
THE IRAQI PEOPLE WERE OR ARE NOW USED TO BUYING GOODS
INSIDE IRAQ
WITH THE AMERICAN DOLLAR
WHICH SHABIBI STATED HE WANTED A 1 TO 1
SO THAT IT WOULD BE AN EASY TRANSITION
AND IN THE MEANTIME HE WAS SETTING UP THIS
THAT THEY WOULD BE BUYING GOODS WITH BASICALLY THE 1 TO 1
NOW HE IS SUFFOCATING THE USD OUT OF IRAQ
WHAT OPTIONS DOES HE HAVE
HE COULD START THE AUCTIONS UP AGAIN
WHICH IS UNLIKELY
HE COULD RE RELEASE THE LARGE DENOMS
WHICH IS VERY UNLIKELY
OR HE CAN SET THE NEW EXCHANGE RATE
AT 1 TO 1
AND HAVE THE NEW DENOMS ISSUED
RIGHT NOW
WHAT THEY HAVE ON THE STREETS
ACCORDING TO MY FRIENDS STILL IN IRAQ
ONE IS CTD
IS ONLY
THE 50 D
250D
500D
AND 1000D NOTES
THE ONLY PLACE HE SAW 25K NOTES
WAS IN BAGHDAD INTERNATIONAL AIRPORT
SO THEY ARE DRIED UP
SONNY TALKED TO HIS FRIEND WHO HAS A PHD IN ECONOMICS
AND HE SAID THAT
HE CANNOT WAIT LONG
OR MORE DISASTER COULD HAPPEN
THAT MOVING ON THE EXCHANGE RATE IS ALMOST A MUST MOVE VERY SOON
AND IN THE COMING DAYS IS A STRONG POSSIBILITY
AS WAS STATED IN THE ARTICLE FROM SEVERAL DAYS AGO
OK THAT IS THE CRUX OF SONNY'S AND MY CONVERSATION I JUST GOT OFF THE PHONE WITH HIM
YW
OK THAT'S IT FOR ME

Med's chat 4:00 PM

Med says to (16:14:18):
BEEN READING SOME STUFF
NOT ON THE SITE
DYANAMITE STUFF
BUT I GAVE MY WORD
IT FACT
NOT RUMOR
AND OFFICIAL

Aunt Gwennie says It's Looking Better Every Day Now....So sooooon

Med says to (16:16:27)
I CANT TELL YOU THIS
THAT WHEN THE LAST EXCHANGE OF DINAR CAME ABOUT
IF YOU HAD 25K DINAR
YOU GOT 25K DINAR NEW
SAME ALL THE WAY DOWN
DIDNT MATTER
AND THEY GAVE 1 YR TO EXCHANGE
ALL THE OLD CURRENCY EXCHANGED
WAS MARKED
THEN IMMEDIATELY DESTROYED
IT WAS ONE TO ONE
I KNOW THIS FOR FACT
I EXPECT THE EXACT SAME HERE
AND IN ACCORDANCE TO CPA ORDER 43
THIS IS WHAT HAS TO BE DONE
THE ORDER STILL IS IN EFFECT
MOST OF YOU DONT KNOW WHAT THE CPA ORDERS ARE
BUT THEY ARE IMPORTANT
AND LEGAL
AND BINDING
ESPECIALLY SINCE IRAQ IS STILL UNDER CHAPTER VII
THE ISSUE AND CHANGE OF RATE
IS THE SAME CIRCUMSTANCES AS IT WAS IN 2003
THERE IS AN URGENT ECONOMIC NEED FOR THE ISSUANCE
OF NEW BANKNOTES
AND A VALUE THAT WILL INSTILL CONFIDENCE IN THE PUBLIC TO USE THEM
THIS WILL HELP STRENGTHEN THE MONETARY AND FINANCIAL SYSTEMS IN IRAQ
AND HELP IN STRENGTHENING THE ECONOMY
IRAQ NEEDS TO STABILIZE IT'S ECONOMY
AND NOT JUST OIL

Aunt Gwennie says Hopeful it will be a 2 year exchange

Med says MONETARY CONDITIONS NEED TO BE CREATED THAT CREATE LONG TERM GROWTH AND INVESTMENT WHY AG I NEED 24 HRS ARE YOU WALKING TO THE BANK
LOL

SamAdam222 says I'll take two days. Aunt Gwennie says to (16:23:04):
will I will cash in the big note...but might keep the little one for exchange at a later date

Med says BE CAREFUL OF WHAT YOU WISH FOR AS THEY SAY
YOU MIGHT GET IT

Aunt Gwennie says and I might not

Med says AFTER I CASH IN I AM PUTTING TO BARE WIRES ON MY GONADS
AND SHOCKING MYSELF TILL EVERYTHING IRAQ

Bam Bam says hi med I am cashing in and forgetting that there is an Iraq..

tmac096 says as soon as I get the info from you and MM17 I'm heading to cash in and I ain't lloking back

Med says IS OUT OF MY SYSTEM

http://dinaresgurus.blogspot.com/2012/02/med-chat-update-2-feb.html