11-24-2012 Intel Guru TerryK ALL IS GOOD IN THE DINAR WORLD...NEWS POINTING TO THIS BLESSING TO BE CONCLUDED MONDAY...I DO HAVE A PIC OF A RATE ON FOREX LOCKED IN FOR THE IQD AND VDN THIS WAS TAKEN THURSDAY...HAVE A CALL COMING LATE TONIGHT FROM CHINA SOURCE... IT [VND ?] WAS .047 ALMOST 5 CENTS...MAYBE THE RV SHOWING MONDAY.
11-24-2012 Newshound Guru Doc We maintain our position that these are the keys for currency reform. If the CBI were to float the currency on the global exchanges at the reported $3+ rates it knows the rate would plummet rapidly due to macro issues. This is compound by reports the USA will be energy independent by 2016. This is why we also maintain our position we will see and initial rate below $1 with a rise to $1 over a reasonable time. [post 2 of 2]
11-24-2012 Newshound Guru Doc What we are hearing from the high rate short term opinions is more emotion than fact especially when you look at this situation from a macro economic perspective. And believe us this is the way the global economic community is looking at it. First and foremost fiat currency needs a functioning stable government in order to maintain its value. Secondly it needs some level of GDP to back it. Right now the GOI is not completely stable and in our opinion this is why chapter 7 has not been fully lifted. Also HCl has not been finalized which is the main revenue source right now. [post 1 of 2....stay tuned]
11-24-2012 Newshound/Intel Guru BGG Article: "Release of 16 female employee of the Central Bank on charges of currency auction sale" Hmmmmm…so they are all being released for lack of a crime or lack of evidence of a crime. It appears we’re down to just a couple of the CBI bosses now. What you wanna’ bet there never was any evidence or crime??
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