_Med says to (06:01:53):
JUST A COMMENT
THE DINAR HAS NOT EXPLODED ONTO THE MARKET IN A FLOAT
IT IS NOT EVEN ON THE MARKET
IT IS STILL ACCORDING TO THE IMF
IN A CRAWLING PEG AGAINST THE USD
OR WHAT IS CALLED A DIRTY FLOAT
MANIPULATED BY IT'S OWN CENTRAL BANK
NOT ANY OTHERS
BUYING UP AND OR SELLING IT'S OWN CURRENCY
DEPENDING ON THE CURRENT FLUCTUATION IN THE IRAQI...
I SAY IRAQI MARKETS ON THE STREETS
SINCE THERE IS NO OTHER MARKET AVAILABLE FOR THE DINAR
AND ALSO WE NEED TO REMEMBER THAT THE DINAR
IS STILL UNDER ARTICLE XIV IN THE IMF
AND MUST MOVE TO ARTICLE VIII
WHICH THE CENTRAL BANK HAS NOT DONE
...
Read More Link On Right
_THIS IS NOT AS SIMPLE AS ONE DAY READING ON A FOREX SITE
THAT IT IS NOW A FLOAT
IRAQ IS IN AN SBA AGREEMENT RIGHT NOW WITH THE IMF
NOW THIS 1166 IS NOW AN OFFICIAL RATE OF EXCHANGE
I AM NOT JUMPING FOR JOY AT 4 PIPS
THOUGH OK IT HAS MOVED
BUT IT NEEDS TO MOVE LIKE 1200 FOR ME TO BE JUMPING
LOL
TY
Cheeks says to (06:08:44):
but pips is postive
Med says to (06:08:50):
OH OF COURSE
willmgs says to (06:08:55):
Why would the CBI change the rate know?
Med says to (06:09:06):
YOU KNOW I HAVE NO CLUE
THIS CHANGE IS NOT GOING
Cheeks says to (06:09:15):
inflation
Med says to (06:09:27):
TO MAKE THOSE ON THE STREETS WANT TO USE IT INSTEAD OF THE USD
THAT IS POSSIBLE CHEEKS
AND YOU KNOW WHAT
THAT IS PROBABLY THE BIGEST REASON RIGHT NOW
BUT WE KNOW THAT 4 PIPS
IS NOT GOING TO DENT ANY INCREASE IN PURCHASING POWER
Cheeks says to (06:10:20):
adjustment
to the dollar
Med says to (06:10:44):
SEE THE PROBLEM IS
THEY TECHNICALLY ARE PEGGED AGAINST THE USD
WHICH IS SUPPOSE TO HELP THOSE CURRENCIES WITH STABILITY
AND WHEN THE USD GOES UP
THE DINAR SHOULD HAVE
BUT DIDNT
Cheeks says to (06:11:45):
the us is strong right now
Med says to (06:11:52):
THIS IS WHY IF YOU READ THE IMF.ORG INFO
ON THE DINAR
THEY ARE UNDER A CRAWLING PEG
JUST THE LAST 3 YEARS THEY HAVE BEEN CRAWLING LIKE THEY ARE IN MOLASSES IN THE ARCTIC
Cheeks says to (06:12:31):
right. maybe to line numbers up... just a taut
lol
just a black line
*********************SECOND CHAT POSTED BY KSDUNLAP**************
Med's chat 1-19-12 @ 6:38am cdt
Dinar Mark (07:34:54):
The Dinar went to a float, any signfiance in that?
(several gm's)
Med (07:38:33):
NO IT DID NOT DINAR MARK
IT IS NOT IN A FLOAT
IT IS STILL IN A CRAWLING PEG
ACCORDING TO THE IMF
OR A DIRTY FLOAT
WHICH IS WHAT IT HAS BEEN IN FOR 4 YRS TO THIS DAY
Dinar Mark: Sorry for that ? I did not read forums before chat
Med:
NO NOT A PROBLEM
ONE THING AND I DONT DISLIKE 4APROFIT
AT ALL
BUT HE JUMPS
FIRST OFF
HOW COULD THEY
THEY ARE NOT TRADEABLE
AND ALSO
THEY HAVE NEVER BEEN IN A FLOAT
EVER
THEY HAVE SINCE 2004
BEEN ON AN IMF SBA
AND WITH THIS SBA AGREEMENT
THEY ARE PEGGED AGAINST THE USD
JUST HOW COULD A CURRENCY
THAT IS NOT HOLDING IT'S OWN VALUE
INSIDE IT'S OWN BORDERS
AND THE CURRENCY THAT IS BEING DOMINANT
WHICH IS THE USD
GO ON ITS OWN AND SURVIVE
I KNOW THAT THE 1166 IS AN OFFICIAL RATE CHANGE
BUT 4 PIPS
IS LIKE ROLLING A BB OFF THE GRAND CANYON
NOONE IS GOING TO NOTICE IT
IT WILL HAVE ABSOLUTELY NO IMPACT ON PURCHASING POWER
OR INFLATION
SONNY AND I FIGURED IT OUT
BASED ON THE AVG MONTHLY AND YEARLY PIPS
UP TILL JAN 19, 2009
GOING FROM 4000 TO 1
IN 04
TO 1170 TO 1 JAN 09
THEY MOVED OVER 2000 PIPS
IN THOSE FIVE YRS
WELL NOT EVEN
5 YRS
JUST AVG IT OUT
AND WE SHOULD BE DOWN TO ALMOST EVEN
OR MAYBE A COUPLE HUNDRED PIPS
TO 1 USD
AND SINCE WE RIGHT NOW
ARE AT WHAT
UMMM
.00086
WHICH IS WHAT
9/10 OF 1/10TH OF A PENNY
ALSO
I DID PULL THOSE LINKS THAT PROFIT POSTED
I COULD NOT FIND THAT ONE REMARK
DATED THE 18TH
THAT SAID THEY MOVED FROM FIXED TO FLOAT
THEY WERE NEVER FIXED THOUGH
I DIDNT KNOW IF HE JUST TYPED IT IN HIMSELF
AND IT LOOKED LIKE IT CAME FROM THE SITE
AND ALL THE REMARKS REMEMBER
IN THE BULLISH ETC
ARE NOT FROM FOREX
THEY ARE JUST FROM PEOPLE LIKE YOU AND ME
WHO SET UP TRADING ACCOUNTS
I AM ACTUALLY WAITING
TO SEE WHY
WHY WAS THIS CHANGE DONE
WHAT IS THE IMPACT OF IT
I THINK IT GAINED LIKE $3 BUCKS PER MILLION
WHICH HEY
IS GREAT
BUT NOT GOING TO GET IT DONE
OR SATISFY THE NEEDS OF THE IRAQI PEOPLE
I WAS READING COMMENTS
AND SOME I DID NOT AGREE WITH
ACTUALLY ONLY ONE
IT IS TRUE THAT IRAQ MUST MOVE FROM ARTICLE XIV
TO ARTICLE VIII
WITH THE IMF
THIS MOVE THEN ALLOWS IRAQ TO MAKE THE CHANGES AND BE RECOGNIZED
WITH THE IMF AND OTHER WORLDS GOVTS
NOW I BELIEVE THAT IRAQ HAS TO REQUEST OR CHANGE IT ON IT'S OWN
BUT THE IMF TOLD THEM THEY WANTED JORDAN PAID BACK MONEY
THAT WAS OWED THEM
ON CHAPTER VII
HAVING TO BE REMOVED
FOR THEM TO REVALUE
NOT TRUE
WHY
CUZ THEY HAVE INCREASED THE VALUE EVERY YEAR
WHILE BEING UNDER TOTAL SANCTIONS
SORRY FOR DRAGGING THIS OUT
WILL TAKE MY SEAT NOW
LOL
OK A ?
HAS ANYONE PULLED UP THE LINK
THAT PROFIT POSTED
AND FOUND THAT STATEMENT
OK A ?
HAS ANYONE PULLED UP THE LINK
THAT PROFIT POSTED
AND FOUND THAT STATEMENT
AND SEARCHED ALL THROUGH IT
AND DID NOT FIND ANY VERBAGE THAT RESEMBLED IT HAD GONE TO A FLOAT
Dinar Mark: We are still on parliment watch as to them bieng the cressroads?
Med:
WELL YES
THEY SEEM TO BE MOVING NOW
here2day: maybe just smoke to slow any speculation investors
Med:
BUT HERE2DAY
I COULDNT FIND THE INFO
THAT PROFIT POSTED ABOUT IT GOING TO A FLOAT
ON FOREX
HAS ANYONE HERE FOUND IT
Dinar Mark: Why would he post something like that on a "facts only" site?
Med:
HELP!!!
HE HAS DONE IT MANY TIMES DM
LIKE ONCE EVERY SO MANY MONTHS
HE WILL GIVE A POST OR A COMMENT
THAT IS SORT OF QUESTIONABLE
I HAVE DELETED SOME
AND OTHERS I HAVE JUST LET GO
Dinar Mark: Well he deffinatly losing credibility
GOP: will go read it
Med:
I JUST WANT TO KNOW WHERE THIS INFO IS LOCATED
ON FOREX
CUZ I CANT FIND IT
AND I AM PRETTY GOOD AT THIS
SO I FIGURE SOME FRESH EYES
COULD MAYBE HELP
Dinar Mark: Call in the calvery, get Guardian LOL
Med:
SEE DM
EVERYTHING I SAID
IS TOTALLY BACKED UP BY THE IMF
ALL YOU HAVE TO DO
IS GO TO IMF.ORG
GO TO IRAQ
COUNTRY INFO
AND IT EXPLAINS EVERYTHING
ALL THE AGREEMENTS
EVERYTHING AND EVEN THE CRAWLING PEG THAT IRAQ IS UNDER
IRAQ IS THE ONLY COUNTRY
THAT HAS BEEN GRANTED THE USE OF THE CRAWLING PEG AGAINST THE USD
GOP:from what I read Med, it seems it is a assumption that it went to a float
Med:
I FIGURED THAT GOP
AND WHAT DO ASSUMPTIONS DO
MAKE AN ARSS OUT OF YOU AND ME
SEE JUST CUZ IT MOVED 4 PIPS
DOES NOT QUALIFY TO SAY IT WENT TO A FLOAT
WHAT HAPPENED
IS THAT CBI HAS MANIPULATED THE RATE
BY USING THE AUCTIONS
THEY HAVE BEEN DOING THIS FOR YRS
NOW THIS COULD BE BIG NEWS YET
GOP: I agree
Med:
IS HE I MEAN SHABIBI
GOING TO MAKE A HABIT OF THIS
MOVING IT CONTINUALLY
BUT I THINK WE NEED TO JUST WATCH AND SEE IF THIS WAS JUST A ONE TIME SHOT
GOP: sure did create a lot of excitment! LOL
Med:
YES IF WE SET OUR STANDARDS LOW
I WANT TO SEE IT JUMP HUNDREDS
GOP: true
Med:
I MEAN LIKE I WAS SAYING GOP
FROM 04 TO JAN 09
IT MOVED OVER 2000 PIPS
FROM 09 TO 12
4
I MEAN THIS GIVES CRAWLING AN ENTIRE NEW MEANING
Dinar Mark: Great economics lesson today, I hope I pass the course, need to keep up with my homework
Med:
I AM SURPRISED HE DIDNT FOSSILIZE BY NOW
I AM SURE YOU WILL DM
I HOPE YOU DIDNT THINK I WAS SCOLDING YOU
WHEN ANSWERING YOUR ?
I WAS NOT
NOR DID I MEAN ANY DISRESPECT
Dinar Mark: No, I hang on every explanation, proffesor, I have learned so much
Med:
OK GONNA GO OUTSIDE AND HAVE A SMOKE IN -6 WEATHER
OK I APPRECIATE THAT
BBIAB
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