Bulldog75: THIS IS ALL GOOD TO GO AND SHOULD BE READY, SET, GO FOR TOMORROW. AND O WILL CAP IT OFF WITH HIS 'STATE OF THE UNION' ADDRESS ON TUESDAY,/ TOMORROW NIGHT. ALL POLITICIANS WILL NEVER MISS THIS OPPPORTUNITY TO MAKE THEM SELF LOOK GOOD.

KOUMA1935: To Bulldog...I love homework and have done mine - please address the question of Ministers. Can we have an RV if they are still in the control of Maliki??
Bulldog75: KOUMA ANSWER: HAS NO EFFECT ON RV. THANKS.

Bulldog75: ALL THE RATES ARE LOCKED AND IN THE SLOTS. NOTHING NOW SHOULD HOLD THIS BACK, IMHO.

Bulldog75: OK; LETS BEGIN Q AND A

1.)kouma1935: Is it true that Maliki made an unannounced meeting last Monday to meet with O?
Bulldog75: KOUMA 1935 ANSWER; THANKS. BUT NOT SIGNIFICANT. NO EFFECT ON RV.

2.)bandit: bulldog75--- IS the 747 still available
Bulldog75: BANDIT: 747s ARE STILL FLYIN HIGH AND IS RIGHT WHERE WE NEED TO BE.

3.)ponie712: Bulldog75 Thank you for guiding us through this maze. I read last week that the UST, IMF and IRS had met to discuss the capital gains tax that we will have to pay-eventually. They had talked about the taking the tax off the top at cash in. Any thoughts please??
Bulldog75: PONIE712: WE ARE AWAITING THE IRS DECISION. WILL FORWARD INFO WHEN AVAILABLE. THANKS. 

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_
kaperoni: Today’s chat is a “What is the CBI up to?” chat.

kaperoni: I wanted to take a shot at this rate change. I am not an economist, but I do have tactical skills as a researcher and think there are some interesting assessments that can be seen with this rate change. Though somewhat speculative, only time will tell if I am right.

Kaperoni: Article…

kaperoni: The Central Bank raise the price of the Iraqi dinar against the dollar by 3.4% - 19-01-2012

kaperoni: We all know the CBI adjusted the rate of the dinar yesterday. Some .34% (3.4%) as stated in the article title. This is the first time in 3 years that the CBI has done such a thing, and Shabibi has maintained in the marketplace an 1170 to $1 rate. Thought this seems nominal, it may have significant meaning in the Plan. Let’s take a look at a few quotes from this article….

kaperoni: “the Bank worked to raise the prices of the Iraqi dinar against the dollar during the sessions for the sale and purchase of foreign exchange by four dinars and by .34%  to up to 1166 dinars to the dollar,”

kaperoni: To the citizen, this is meaningless. We're talking about 4 cents on a $100 purchase at this exchange rate. So, IMO, there is little or no effect in the marketplace. And especially when we know from the previous chat the extensive efforts to “dollarize” the economy in recent weeks. This next quote seems to imply we may be close to the RV…

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_
Call #1
1-19-2012  The Big Call:  7:00 PM EST -  Guest Speakers @ 8:00 PM EST

As we transition to our future (post rv) it is crucial that we are protected! "The Big Call" will have special guest John with Comsec. He will speak with us about IT Security as we move into our future wealth, and how to protect ourselves electonically.

Main call starts at 7pm EST.
All Guest Speakers start at 8pm EST
Call (760) 569-7676 pin code:176323#
Backup if main number is full: 209-647-1600 pin code: 213287#
2nd backup number is used only if the first backup is full:
209-647-1600 pin code: 617517#
This will be a guest speaker you will not want to miss.

3 more calls listed,
 Click "Read More" on the right to get the full scoop : )

Kaperoni has a theory on "what is the CBI is up to?" and will discuss the recent exchange rate move in the DinarAlert Chat Room today.
Please join him in the DinarAlert Chat Room at 4pm CST for this chat. 

Chat Room limit is 200.  Please arrive early to make sure you get a seat.

Pizza Buffet at 3:30.

_Has the RV occurred or has it not?  The CBI did change the exchange rate from 1170 to 1166 on Thursday. This is a change from the program rate but hardly the ultimate RV value.  The CBI is continuing to remove dinar from circulation.  There are numerous articles stating that the Iraqi citizens prefer USD. As one article stated even the butcher is dealing in USD.  This easily could be part of the master plan to remove as much dinar as possible before the true RV.  If we think about it its much cheaper for the CBI to remove dinar at 1166 or 1170 per dollar than 1 dinar per dollar.  Moving the exchange to 1166 may entice a few more citizens to cash in.  After all from the citizens' perspective they now can get a few more dollars for their dinar. It would not surprise us to see a few more minor movements in the exchange rate by the CBI over the next several weeks.  Our guess to the "official" explanation is it reflects the overall weakening USD or it is being tested by allowing it to float in the market.


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