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» Deadly stampede could affect Iraq’s World Cup hopes 1/19/23
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Bondlady's Afternoon Chat 1/2/2012 (CBI INFO DISCUSSION)

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Post by ADMIN Mon Jan 02, 2012 6:40 pm

[BondLady] reducing the supplys in the markets
[BondLady] hold on let me bring the article and show u exactly what i had told u on 12/27 in my chat when it WAS just a theory
[BondLady] and is now a fact
[BondLady] ok here we go
[BondLady] every 1 read
[BondLady] plz
[BondLady] The Central Bank says it will not allow the Iraqi dinar to depreciate and has been selling hundreds of millions of dollars to keep the currency stable.
[BondLady] The Central Bank says it will not allow the Iraqi dinar to depreciate
[BondLady] and has been selling hundreds of millions of dollars to keep the currency stable.
[BondLady] thats usd
[BondLady] The Iraqi dinar weakened in December last year, prompting the bank to sell dollars in a bid to withdraw cash from Iraqi markets.
[BondLady] The Iraqi dinar weakened in December last year thats dec 2011
[BondLady] my post was 12/27
[BondLady] prompting the bank to sell dollars
[BondLady] in a bid to withdraw cash from Iraqi markets.
[BondLady] in a bid to remove the 000 iqd notes off the iraqi streets
[Fast Eddie] here is where she is getting that good news http://www.azzaman.com/english/index.asp?fname=news\2012-01-02\kurd.htm
[BondLady] The bank did not say what brought the dinar to plummet to lows it had not seen for years,
[BondLady] because the cbi cant just come right out and say im sorry iraqi citizens i had to do something to get u to let go of ur dinars as u had been holding the 000 notes waiting for a rv
[BondLady] and cbi had so much still out he had to do something
[BondLady] so no they could not say................The bank did not say what brought the dinar to plummet to lows it had not seen for years,
[BondLady] Saleh, Central Bank’s deputy governor, has said there were no sound economic reasons for the currency’s weakening.
[BondLady] there were no sound economic reasons for the currency’s weakening.
[BondLady] because it didnt
[BondLady] the cbi is under the programed rate
[BondLady] it cant go up or down until shabs changes his monetary policy
[BondLady] all that time they said it was fallin
[BondLady] as i sai in my chat
[BondLady] it stayed 1170
[BondLady] not 1270
[BondLady] 1170
[BondLady] programmed rate
[BondLady] The bank coffers are said to be brimming with hard cash from oil sales.
[BondLady] so how could it have APPEARED to fall
[BondLady] manipulation
[BondLady] and some articles put out thru dec saying
[BondLady] the usd rate is increasing
[BondLady] the dinar is fallin
[BondLady] and the dinar is crashing
[BondLady] an the dinar is worse than it has been in 8 yrs
[BondLady] the dinar is fallin
[BondLady] the dollar is rising
[BondLady] not commin out an sayin cash in for usd
[dogznova] thats excatly how they got them to turn in their dinar
[BondLady] but sayin it so much the people thot they better hurry an cash in for usd
[BondLady] so as not to lose any more purchasing power
[BondLady] and gain it with the dollars rate goin up
[BondLady] the sky is falling the sky is falling
[BondLady] Saleh said the bank would not let the dinar fall
[2darneasy] so they are tricking there own people to turn in their dinar
[BondLady] and in one day in December last year it sold $200 million on the open market to squeeze liquidity.
[BondLady] 200 mill usd
[BondLady] to bring bk in the 000 notes
[BondLady] “We withdrew in one single day about one quarter of a trillion dinars, thereby brining stability to the currency,” Saleh said.
[BondLady] 1 single day
[BondLady] 1/4 trillon
[BondLady] dinar
[BondLady] see how this all came about
[2darneasy] this is the best news I have heard in a long time
[BondLady] the people would not have let there 000 notes go if shabs hadnt of did this
[BondLady] what we hold in dinar doesnt matter
[BondLady] thats been accounted for
[BondLady] but what the iraqis hold is all that matters
[BondLady] if we ever wanted to see a rv any time soon
[BondLady] this was the most strategic brillant plan ive ever seen
[BondLady] but it had to be done and done in this way
[BondLady] does that all make sense?
[grashopa] .and when it RV's.....the IQD will be worth more then the USD......so they all exchange back to dinar.......process complete.....
[2darneasy] BondLady - yes
[reohomespa] BondLady --- absolutely

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Post by Kevind53 Mon Jan 02, 2012 6:53 pm

Bring it on! :cheers:

*****************
Trust but Verify --- R Reagan Suspect

"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18

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Post by Guest Mon Jan 02, 2012 7:49 pm

Funny this is what I said back on the 24th of december, 2011. AJ

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Post by CaptnJerry Mon Jan 02, 2012 7:56 pm

Come on RI/RV!

CJ

*****************
Inspired by Splovengates "Be ready between sunday and monday night, or maybe tuesday or wednesday, could also be thursday but definitely by friday.... probably next week, monday or late tuesday night, wednesday morning to hear the rv and should be cashing in on the following tuesday the 1st part of january or february. Sooner more than later. But no later than the beginning of 2013. Certainly not before then. Until then, let's enjoy the ride!


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Post by ADMIN Mon Jan 02, 2012 8:25 pm

AJAnderson wrote:Funny this is what I said back on the 24th of december, 2011. AJ

I know... I told her that when I had her on the phone LOL

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Post by scaramouche Mon Jan 02, 2012 8:33 pm

Hmmmm. Brilliant. Except all of the Iraqi's will be trading their dinars for US dollars and when the revalue happens wlil be out of luck. On the flip side, all of the US and other foreign dinar holders are hanging on for the revalue. Iraq will still have to shell out a bunch of money when the revalue happens. So the really smart thing to do here for Iraq would be to revalue at a very low rate and entice those dinar holders who are in dispair to part with their bills - and then revalue later to the desired level. The people who think the revalue will be very high (like over 7) and then drop later need to explore the lunacy of such an occurrence.

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Post by Kevind53 Mon Jan 02, 2012 8:40 pm

scaramouche wrote:Hmmmm. Brilliant. Except all of the Iraqi's will be trading their dinars for US dollars and when the revalue happens wlil be out of luck. On the flip side, all of the US and other foreign dinar holders are hanging on for the revalue. Iraq will still have to shell out a bunch of money when the revalue happens. So the really smart thing to do here for Iraq would be to revalue at a very low rate and entice those dinar holders who are in dispair to part with their bills - and then revalue later to the desired level. The people who think the revalue will be very high (like over 7) and then drop later need to explore the lunacy of such an occurrence.

That is one possibility ... another very likely one is that it will come in around $3.50 give or take ... 8 or 9 would be wonderful but IMHO that's a pie in the sky number.

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Trust but Verify --- R Reagan Suspect

"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18

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Post by Inquisitive one Mon Jan 02, 2012 10:33 pm

Iraq will not be paying out anything, they will be exchanging for oil.

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