jonnywg: RV in Iraq confirmed.

Socalmikal wrote:Ok, all you Jonny bashers - until I see you condemning Scottig for making the same call, you're looking like a bunch of cowardy custard complainers!

Hmmmm, no takers yet?

They both made the same careful call and explained what they meant, and nobody's actually got intel to contradict them. Niether Jonny nor Scottig ever said it RV'd on the CBI, so quoting the CBI's current old rate doesn't contradict them.

God bless them both....and you!

Socalmikal

you are right on! point is the gurus have proven that they DO NOT NOR will not KNOW the r/v has happened until it appears on FOREX. IF IT IS NOT TRADING THERE IT HASN'T HAPPENED. That is what we must see to realize the rate we all think we are in this for. until it trades on FOREX you can't sell your dinar for the rate we all anticipate. If you watch FOREX and see it there YOU will be able to tell the gurus! They are watching FOREX and making up the rest!

Here's a point in fact. The other night "AQ" on BGG's CC said the fact that the troops are leaving iraq means the r/v can now happen. she went on to say it can't happen until they leave so she feels (feels, not knows) this is our best chance to date to see this happen. Well, if the troops HAVE TO BE GONE for this to happen then what were all their previous calls in December 2010, January 2011, February 2011, March 2011, April 2011 June 2011, July 2011 and August 2011 about. They are all making up bs stories to capture "new" dinarians. period. nuff said. end of story.

drink the kool-aid as we ALL have previously, if you must. i was as positive as you were about giving the gurus respect. they have PROVEN they do not know more than you do just by following FOREX. The r/v doesn't require "gurus" to happen. It has zero to do with anything they say or do.

If IQD comes out as a managed float it can not trade on Forex.

dinarace wrote:If IQD comes out as a managed float it can not trade on Forex.

Managed float regime is the current international financial environment in which exchange rates fluctuate from day to day, but central banks attempt to influence their countries' exchange rates by buying and selling currencies. It is also known as a dirty float.

In an increasingly integrated world economy, the currency rates impact any given country's economy through the trade balance. In this aspect, almost all currencies are managed since central banks or Governments intervene to influence the value of their currencies.

Almost ALL currencies trade on Forex. Iraqi dinars will also.