{"id":12663,"date":"2016-09-14T21:18:54","date_gmt":"2016-09-15T02:18:54","guid":{"rendered":"http:\/\/www.dinarupdates.com\/observer\/?p=12663"},"modified":"2016-09-14T22:32:20","modified_gmt":"2016-09-15T03:32:20","slug":"dinar-observer-daily-september-14th","status":"publish","type":"post","link":"https:\/\/dinarupdates.com\/observer\/?p=12663","title":{"rendered":"DINAR OBSERVER DAILY September 14th"},"content":{"rendered":"

Welcome to the Dinar Observer – Daily. For regular Dinar Updates, to see what the Dinar Gurus have to say, Dinar to USD listings, IQD and for Iraqi Dinar info – THAT MATTERS!! This is a good place to start for your Daily Dinar Recap – whether you are a Dinar vet or just looking for a little current Dinar info – Welcome.<\/strong><\/span><\/p>\n

Word for the day…<\/em><\/strong><\/span><\/h1>\n

\"\"<\/p>\n

Mrs. BGG<\/em><\/span><\/h1>\n

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CURRENCY<\/td>\nCODE<\/td>\nSELL<\/td>\nBUY<\/td>\n<\/tr>\n
US dollar<\/td>\nUSD<\/td>\n1182.000<\/td>\n1180.000<\/td>\n<\/tr>\n
Euro<\/td>\nEUR<\/td>\n1328.213<\/td>\n1327.549<\/td>\n<\/tr>\n
British pound<\/td>\nGBP<\/td>\n1581.634<\/td>\n1580.843<\/td>\n<\/tr>\n
Canadian dollar<\/td>\nCAD<\/td>\n916.634<\/td>\n916.176<\/td>\n<\/tr>\n
Swiss franc<\/td>\nCHF<\/td>\n1220.570<\/td>\n1219.960<\/td>\n<\/tr>\n
Swedish krona<\/td>\nSEK<\/td>\n139.657<\/td>\n139.587<\/td>\n<\/tr>\n
Norwegian krone<\/td>\nNOK<\/td>\n144.460<\/td>\n144.388<\/td>\n<\/tr>\n
Danish krone<\/td>\nDKK<\/td>\n178.426<\/td>\n178.337<\/td>\n<\/tr>\n
Japanese yen<\/td>\nJPY<\/td>\n11.651<\/td>\n11.645<\/td>\n<\/tr>\n
Special
\nDrawing Rights<\/td>\n		SDR<\/td>\n1658.819<\/td>\n1657.989<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

http:\/\/www.cbi.iq\/<\/a><\/strong><\/em><\/h2>\n

Indicative rates – 09.14.2016<\/strong><\/h2>\n

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In the mountains of truth, you never climb in vain. – Friedrich Nietzsche<\/em><\/span><\/h1>\n

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*** Current News ***<\/strong><\/h1>\n

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Adam Montana (Dinar Guru) –<\/span><\/strong>\u00a0<\/span>\u00a0\u00a0 [Just to clarify things again. I thought an HCL law passage was or is not a factor into any implementation of an RV<\/em>.]\u00a0\u00a0\u00a0It’s not “mandatory”, but I place it high in my personal opinion of catalysts for the RV.\u00a0\u00a0\u00a0<\/strong>[In your opinion, do you feel that in this end 1\/4 of October Iraq will pull the RV trigger or do you feel it will be in 2017?\u00a0 I’m in the camp of 2017<\/em>.]\u00a0\u00a0I won’t give a date, but I’ve made it clear that I’m positive for progress in the coming weeks\/month.<\/strong>\u00a0 [Do you think most of will actually live long enough to see an actual RV<\/em>?]\u00a0\u00a0Yes.<\/strong>
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Mnt Goat (Dinar Guru) –<\/span><\/strong>\u00a0\u00a0\u00a0Won’t all the hedge funds and investors scoop up the currency and cause a rush on it<\/em>?\u00a0\u00a0Yes – I am told this may happen and the rate could go very high over a period of time. The float, however, will be a “fixed” float meaning it will have a limit.<\/strong>\u00a0They are not telling me the limit as it is sensitive information…of course.\u00a0But we did hear Dr Shabibi say in the past that the IQD could sustain up to a value of $16 USD per dinar.\u00a0<\/strong>This is all we know as FACTUAL and so I will not spread any rumors, hype or speculation on the future value of the dinar.\u00a0 No Rumors, No Hype, just the FACTS, as always!\u00a0\u00a0 [post 2 of 2]
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Mnt Goat (Dinar Guru) –<\/span><\/strong>\u00a0<\/span>\u00a0 …THE ECONOMIC AND FINANCIAL REFORMS ARE ALMOST ALL COMPLETED…\u00a0\u00a0I am still on the path of window from Sept 1st 2016 to January 2017 to see a significant rise in the value of the IQD. I firmly expect to see between now and January to see the launching of the lower denominations (but no coins yet).<\/strong>\u00a0When the CBI does launch the new notes (lower denominations) the IQD value will not change. I repeat will not change and the swap (or exchange) by the citizens within Iraq will be a 1:1 meaning the value will be a swap of 1 dollar value for something worth one dollar value.\u00a0 I am being told by my CBI contact that if all goes according to plan we can expect a 90 cents to $1.17 USD rate change within a couple weeks after the newer notes are launched, but only when it is launched AND finally moved to the international exchanges. At this time the plan now is that the currency will be on a float and will no longer be stickily pegged to the USD (as it is today). Instead they plan to move it to a “basket of currencies”.\u00a0<\/strong>\u00a0 [post 1 of 2….stay tuned]
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Follow us on twitter @DinarUpdates !!<\/strong><\/span><\/h1>\n

\"follow<\/a>Don’t MISS – “DU NEWS TIME” w\/RCookie, Mr White & Hutch\u00a0<\/span><\/strong>in the DU CHAT ROOM – Thursday 7:30pm EST<\/span><\/strong><\/h2>\n

www.DinarUpdates.com<\/a> – save as favorite<\/strong><\/h2>\n

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Adam Montana (Dinar Guru) –<\/span><\/strong>\u00a0\u00a0 Not much to report today in Iraqi news or Dinar progress, but\u00a0I kind of expected that.\u00a0\u00a0…I’m leaning\u00a0on October to be a big month in our news. My primary reason for not expecting much out of this week is\u00a0their last long holiday of the year, Eid-al-Fitr…Eid-al-Fitr goes till Friday this week, and then we\u00a0don’t have any more long holidays in the immediate future<\/strong>… which hopefully means they will be getting some WORK done.
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Backdoc (Dinar Guru) –<\/span><\/strong>\u00a0\u00a0 […we have friends who have only VND. IYO, do you see them RVing any time soon or maybe next year<\/em>?]\u00a0\u00a0\u00a0\u00a0THEY ALL START THE RACE TOGETHER IMHO! CAN’T HAVE DOUBLE DIPPING BECAUSE IT WOULD DAMAGE THE CURRENCIES THAT GO AT A LATER DATE!\u00a0<\/strong>\u00a0IT WOULD INCREASE THEIR NOTE COUNT TOO MUCH.<\/strong>\u00a0 I BELIEVE IT WILL BE AN ASIAN SURPRISE! IMO.
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Islandg1211\u00a0(Dinar Guru) –<\/span><\/strong>\u00a0\u00a0The obvious biggest question is when is the IMF requiring the CBI to RV<\/em>?\u00a0 Unfortunately, they don’t directly state that. They stated in their December 2015 LOI that they wanted Iraq to join the international community “by mid-year.”\u00a0Their June LOI states that the IMF wants the CBI to cut out their Multiple Currency Practices and move to Article VIII compliance – which requires the RV – “by the end of the year.”<\/span>\u00a0<\/strong>\u00a0The IMF is on top of exactly what Iraq is and is not getting done on time. That comes out through these articles on Friday’s meeting.\u00a0 [post 3 of 3]
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Dinar Updates \u201cAFTER CALL – LIVE\u201d!!<\/strong><\/span><\/h2>\n

\u201cDinar Q & A Call!!\u201d<\/span>
\nThursday – “After Call – LIVE”
\nw\/RCookie, Mr White & Hutch
\n8:30pm EST 641-715-3640 pin#528733<\/span><\/strong><\/em><\/h1>\n

from 9\/9 –\u00a0Smart phone user link \u2013 Click here<\/a><\/strong><\/h2>\n

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Islandg1211 (Dinar Guru) –<\/span><\/strong>\u00a0\u00a0\u00a0<\/span>So, how is Iraq doing implementing the IMF’s plan<\/em>?\u00a0\u00a0The Finance Committee has been working with the CBI and the IMF to draft their 2017 Budget. The Finance Committee is saying that they want to submit the 2017 Budget to Parliament this month.<\/strong>\u00a0 The biggest issue with the Budget is setting the expected average price of oil per barrel.\u00a0On Friday, the IMF set the price per barrel at $45.00 for 2017.\u00a0<\/strong>There is progress being made in this area, namely that the 2017 Budget does cut spending, does reduce its reliance on oil, is being reviewed and set by the IMF, and is being drafted on time. That’s a lot of progress.\u00a0\u00a0Also of importance, is that IMF audit of the CBI’s foreign reserves found that they had an additionally $10 billion. So the IMF is pleased with the Budget and the foreign reserve level of the CBI.<\/strong><\/span>\u00a0(Also the passing of the Amnesty Law and a few new technocrat Ministers was real progress the last couple of months.)\u00a0\u00a0The IMF will hold their next review meeting in October.<\/span>\u00a0<\/strong>\u00a0[post\u00a02 of 3….stay tuned]
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Islandg1211 (Dinar Guru) –<\/span><\/strong>\u00a0\u00a0\u00a0The IMF met with the Gov of the CBI, Allak and the Finance Committee to assess Iraq’s progress to date in meeting their requirements.\u00a0\u00a0<\/strong>To review, the IMF required that Iraq did a number of things, including determining their 2016 and 2017 Budget, passing laws, banking reforms, and monetary reforms.\u00a0 The IMF stepped in last December with a LOI that covered the first half of 2016, then in May\/June, the UST, WB, IMF, US and other nations combined in a coordinated plan for an umbrella plan for Iraq in which Iraq would get loans.\u00a0The meeting last Friday was a review of progress of Iraq meeting the requirements.\u00a0\u00a0The IMF is completely taking control of the structure and conditions they expect their plan for Iraq to be implemented. T<\/span>he IMF does not want to lend money without Iraq doing what they need to do. That’s they message that came out of Friday’s meeting.\u00a0<\/strong>\u00a0[post 1 of 3….stay tuned]
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Breitling\u00a0(Dinar Guru) –<\/span><\/strong>…There\u2019s an article taking about de-pegging from the US dollar.<\/strong>\u00a0 Ok just pure math.\u00a0\u00a0We know the US dollar dominate about 70% of the world\u2019s international trade.<\/span><\/strong>\u00a0 Just based on that math\u2026do you think that it would be a good idea for Iraq to de-peg itself from the most powerful currency that\u2019s ever existed on the face of the earth?<\/span><\/strong>\u00a0 Do you think that is a wise decision?\u00a0 Do you think the US treasury and US government setting up their currency\u2026we\u2019re the ones who got rid of their old currency and we\u2019re the ones to help setup their new currency\u2026do you think there is any room for that type of shenanigans?\u00a0 No there is not.\u00a0\u00a0I appreciate articles that come out but some of them are so obnoxious that they should be indicators all by themselves that the person who wrote that is completely off the wal<\/strong>l.\u00a0 They are not going to de-peg from the US dollar.\u00a0\u00a0This is not opinion at all\u2026the US dollar is getting stronger and stronger and stronger<\/span><\/strong>.
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Kaperoni (Dinar Guru) –<\/span><\/strong>\u00a0<\/span>\u00a0Article:\u00a0 “The central bank determines the sale of $ 5000 for citzens across the bank Rafidain and Rasheed<\/em>”\u00a0\u00a0\u00a0Quote:\u00a0\u00a0\u201c…the central bank boosted bank balance Rafidain and Rasheed dollar in order to direct the sale of hard currency from the dollar to citizens traveling outside of Iraq<\/em>.\u201d\u00a0\u00a0I like how the CBI has these meetings with the IMF and when they come home, they usually do something right away.\u00a0<\/span>Clearly the IMF told them last weekend, raise the minimum at the banks.<\/strong>
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Frank26 (Dinar Guru) –<\/span><\/strong>\u00a0\u00a0 The government right now is actually gone…it is a certain type of holiday that is a continuation of Eid.\u00a0 Let\u2019s look after the holiday…because they are looking at about a five day holiday for this Sacrifice Feast…after their Eid ended…and if you include these extra days…Friday, Saturday, Sunday…it is a total of about nine days that the GOI has to come back and communicate with the CBI…and determine if they are going to follow this last step<\/strong>…the CBI said they would lift the 000\u2019s…and would be ready by 2017…but that was before this meeting with the IMF…the latest information we have from the CBI website in Arabic…Allak knows these steps…and under his watch he may get some very big credentials…if when they come back the CBI and the GOI decide to lift the value of their currency.\u00a0<\/strong>\u00a0 [post 3 of 3]
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Frank26 (Dinar Guru) –<\/span><\/strong>\u00a0\u00a0 …they must finish their Financial Reform…the CBI is giving you their step by steps…this information about the IMF and Iraq is HUGE. A long time ago the IMF told them…we are going to help you but you have to lift the 000\u2019s…and\u00a0in December of last year…they laid out the plan…and here we are seeing it unfold<\/span>…would you not agree with me that they are international.\u00a0 IMF said look we will take you into the international theater by the middle of the year 2016…and they did..and now it is their turn IMO to finish the final obligation that the IMF demands of the GOI and CBI<\/strong>. …the conclusion of Fallujah has brought the Economic Reforms…it is the Financial Reform of the CBI that needs to be done now…the CBI…along with the GOI is about to follow these orders…IMO<\/span>.<\/strong>\u00a0 [post 2 of 3….stay tuned]
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Frank26<\/span>\u00a0\u00a0<\/strong>…the IMF met with Iraq this past week…and they told them in order to receive any further loans…like for example the $650 million dollar loan that is waiting for them in November…they have to do two final things that they have not done…you have to finish the Financial Reform…before November…this is Iraq\u2019s window…IOO<\/span>.<\/strong>\u00a0\u00a0Allak is saying the very same thing…all is done…but the currency reform is not…it is the only thing that is left…and the IMF is demanding that they do this before November\u00a0<\/span><\/strong>…the CBI and the IMF are now talking about these issues.\u00a0 The Rafadain and Rasheed Banks are now poised and set to make loans to citizens…and even to sell the American dollar to the citizens and…why…because the auctions will eventually disappear…because there were the requirements… among many that the IMF had for them<\/strong>…but they have not completed the Financial Reform.\u00a0 [post 1 of 3….stay tuned]<\/span><\/strong>
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Kaperoni (Dinar Guru) –<\/span><\/strong>\u00a0\u00a0<\/span>\u00a0Article:\u00a0 “The central bank determines the sale of $ 5000 for citzens across the bank Rafidain and Rasheed<\/em>”\u00a0\u00a0Quote:\u00a0 “The Iraqi Central Bank announced on Tuesday (September 6), the processing bank Rafidain and Rasheed exchange of foreign currency to the dollar expansion of cash sales outlets to citizens via their branches in the capital Baghdad and the provinces<\/em>.”\u00a0\u00a0\u00a0More good news.\u00a0\u00a0They are following the IMF concerns and liberalizing the foreign exchange.<\/span>\u00a0\u00a0<\/strong>
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Backdoc (Dinar Guru) –<\/span><\/strong>\u00a0\u00a0\u00a0\u00a0NOW WE WAIT FOR THE CONCLUSION AS WE SEE IT IN PROCESS!\u00a0WITH THE BUDGET RIDER ACTIVATED AND LIKELY LAUNCHED ON THE 8TH WE SHOULD SEE FURTHER ACTIVITY BY THE 10 DAY WINDOW.<\/span><\/strong>\u00a0 THIS SEEMS TO ALIGN WITH THE IEX SCHEDULE WHICH SAYS TRADING WILL RESUME SOMETIME AFTER THE 15TH!\u00a0IRAQ CAN WAIT TO PUBLISH THE BUDGET FOR AWHILE SO I’M PICKING NO DAYS HERE BUT WE ARE ENJOYING THE COMPLETION PROCESS AREN’T WE?\u00a0OCTOBER USHERS IN THE NEW ASSET-BACKED DIGITAL NEW REALITY AND WE ARE MORE THAN READY<\/span>!\u00a0JUST ENJOY DAY BY DAY SEEING THE REAL TIME CONCLUSION PROCESS!\u00a0 YES ITS REAL!\u00a0<\/strong>\u00a0PINCH YOURSELF!\u00a0\u00a0IMO.\u00a0\u00a0 [post 2 of 2]
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Central bank: there is no process of converting $ 6 billion out of Iraq<\/span><\/h1>\n

\"cbi\"<\/a>BAGHDAD \/ obelisk:<\/strong> The Central Bank announced the absence of any transfer of $ 6 billion and $ 455 million operation to calculate Hamad al-Moussawi outside Iraq.<\/p>\n

According to the central bank sent the book to the Committee on Parliamentary Integrity, on 4 September 2016 to the absence of any transfer of $ 6 billion and $ 455 million outside Iraq to account Hamad al-Moussawi.<\/p>\n

He held the book signing bank governor agency.<\/p>\n

The leaked documents, indicated that al-Moussawi, fled the above amount to outside Iraq, and the issue was raised again by the Finance Minister Hoshyar Zebari said after the questioning session…<\/p>\n

Read More:\u00a0http:\/\/www.dinarupdates.com\/blog\/<\/a><\/strong><\/em>
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Backdoc (Dinar Guru) –<\/span><\/strong>\u00a0\u00a0\u00a0<\/span>LOTS OF INFO BUT MOST OF MY STUDIES ARE TOO SENSITIVE TO TALK ABOUT.\u00a0\u00a0WE ALL KNOW HOW IRAQ REDUCED ITS NOTE COUNT BY DOING THE CURRENCY AUCTIONS BY SELLING\u00a0 DOLLARS AND PULLING IN DINAR.\u00a0\u00a0<\/strong>\u00a0THEY METHODICALLY DESTROYED THE PAPER THUS REDUCING THE NOTE COUNT!\u00a0\u00a0I LOVED SEEING THAT ARTICLE ON THE 7TH THAT STATED IRAQ HAD ENDED ITS INTERNATIONAL FINANCIAL MESSAGING SERVICE!\u00a0 YES A COMPLETION ON THE 7TH!\u00a0\u00a0<\/strong>OF COURSE THEY WERE BEING SNEAKY ON HOW THEY STATED IT BUT WE ALL KNOW THAT WAS THE SWIFT CODE RIGHT? RIGHT!\u00a0\u00a0THEY ARE NOW E-DINAR AS THEY SAID THEY WOULD BE!\u00a0 SO OBVIOUSLY THEY ARE NOW ON THE THE CIPS WHICH IS THE NEW DIGITAL PLATFORM WHICH CAN RUN BOTH!\u00a0<\/strong>\u00a0[post 1 of 2….stay tuned]
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Mailman17 (Dinar Guru) –<\/span><\/strong>\u00a0<\/span>\u00a0THEIR MAIN CONCERN IS WHATS INSIDE IRAQ, NOT OUTSIDE<\/span>.<\/strong>\u00a0WHAT WE HOLD IS NOTHING IN THE GRAND SCHEME OF THINGS AS THAT ALSO WILL FIND ITS WAY INTO OUR TREASURY AS OTHER COUNTRIES AS WELL.\u00a0SHABS [DR. SHABIBIS]\u00a0PLAN FROM DAY ONE WAS AND ALWAYS WILL BE ON PAR 1-1 AS HE HAS STATED MANY TIMES. A 1-1<\/span>\u00a0WITH IRAQ BACKING ONLY A SMALL % OF PHYSICAL DINAR IS VERY PLAUSIBLE, ESPECIALLY IN REGARDS TO OTHER ASSETS THEY HOLD OTHER THAN GOLD. REMEMBER PHOSPHORUS?<\/strong>\u00a0I DO THINK MOSUL IS A LOT FURTHER ALONG THAN REPORTS SHOW.\u00a0\u00a0IT IS THE LAST DOMINO IMO AND WE JUST WAIT FOR THE ANNOUNCEMENT. THEN I BELIEVE REFORMS WILL TAKE OFF ASAP.<\/strong>\u00a0AND I HATE TO BRING UP HISTORY, BUT IRAQS FINANCIALS AS REPORTED ARE QUESTIONABLE AT BEST AS THEY HAVE BEEN FOUND WITH 2 SETS OF BOOKS IN THE PAST. SOMETIMES WHAT YOU SEE ISNT ALWAYS WHAT IT IS. IRAQ IS READY…ARE YOU? I KNOW I AM…AS ALWAYS JMHO.\u00a0 [post 2 of 2]
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Mailman17 (Dinar Guru) –<\/span><\/strong>\u00a0\u00a0 I DO AGREE WITH [GURU] BREITLING AS FAR AS IRAQ GETTING THE NOTE COUNT DOWN, BUT,\u00a0AS MUCH AS THE NOTE COUNT MATTERS, ITS WHAT REPRESENTS THE M2 THAT REALLY MATTERS IMO…THEIR M FACTOR REPRESENTS NOT ONLY PHYSICAL DINAR BUT DINAR ON THE BOOKS AS NUMBERS AND NOT ACTUAL PHYSICAL CURRENCY.<\/strong>\u00a0WE ALSO HAVE TO REMEMBER JUST HOW MUCH ACTUAL DINAR IS BEING HELD AS BACKUP CURRENCY BY OTHER NATIONS, ESPECIALLY THE PARIS CLUB. HISTORY TELLS US THE US ORIGINALLY LENT IRAQ 20 BILLION U.S.\u00a0IN LIEU OF DINAR.\u00a0 AT THAT TIME THE RATE WAS 4000-1. ADD IN THE OTHER MAJOR COUNTRIES, AND\u00a041 TRILLION ISNT THAT MUCH FOR IRAQ TO HANDLE BECAUSE THE MAJORITY OF THAT IS FOREIGN CURRENCY RESERVE FOR OTHER COUNTRIES<\/span>.<\/strong>\u00a0 [reference Guru Breitling post 9-13-2016]\u00a0 [post 1 of 2….stay tuned]
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Allawi: Keywords ineligible for the management of the Central Bank of Iraq<\/span><\/strong><\/h2>\n

\"alak\"<\/a><\/p>\n

Treasures Media \/<\/strong> Baghdad confirmed by former Secretary of Communications Mohammed Tawfiq Allawi , said Governor of the Central Bank of Iraq on the Keywords, does not know how the bank manages under these tough economic conditions, noting that \u201cIraq is moving toward a serious economic cliff…<\/p>\n

Read More:\u00a0http:\/\/www.dinarupdates.com\/blog\/<\/a><\/strong><\/em>
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Breitling\u00a0(Dinar Guru) –<\/span><\/strong>…articles coming out with banks having problems giving people Iraqi dinar.<\/strong>\u00a0\u00a0Remember this is a two pronged attack.\u00a0<\/span><\/strong>\u00a0They are trying to reduce the dollar amount because the only way they can reduce the note count and add value to the currency<\/strong><\/span>\u2026is to make sure people aren\u2019t addicted to the US dollar\u2026so there is a balance there.\u00a0 We don\u2019t have enough information to calculate.\u00a0 At what point are they pulling dollars off?\u00a0 and at what point are they reducing the note count.\u00a0 And at what point are they more heavy than the other?\u00a0 We don\u2019t know.\u00a0 BUT we know what to look for and we know the key words they\u2019re saying and what it means for us…Between 80 and 85% of notes in Iraq are 25K notes and they say they have about 41 Trillion in dinar\u2026divide that up into 25K notes.\u00a0 and you\u2019ll figure out about what the note count is at.<\/strong>
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BGG (Dinar Guru) –<\/span><\/strong>\u00a0<\/span>\u00a0 [any late news on the progress of the dinar<\/em>?]\u00a0\u00a0I am sure the next few days will be very revealing<\/strong>\u00a0– and…or I should say…the biggest news would have been the full context of the results of the IMF – Iraq meetings\/review in Amman, Jordan…as that news comes out – it will be interesting<\/strong><\/span>\u00a0and…we’ve got a few developments coming soon – GOOD STUFF.
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Breitling\u00a0(Dinar Guru) –<\/span><\/strong>\u00a0…No.\u00a0 I\u2019m all about measure and I don\u2019t know how to measure that.\u00a0\u00a0It\u2019s very simple\u2026if you see someone and they have a car frame and it\u2019s just sitting there and they have an engine and it\u2019s just sitting there separate and they\u2019ve got wheels and they\u2019re separate\u2026you know they\u2019re building a car especially when you look at the parts<\/strong>\u2026you probably can tell what type of car they\u2019re building.\u00a0 Is it going to be a race car?\u00a0 Well if they\u2019re using race tires and an engine that\u2019s bigger than what everyone else\u2019s then it\u2019s pretty much going to be a race car right?\u00a0 So that\u2019s what we\u2019re looking at.\u00a0 That\u2019s the only thing I can go by.\u00a0 To me it sounds goofy when I have to use that type of example\u2026a lot of people got into the dinar because of intuition but I don\u2019t calculate by intuition.\u00a0 I don\u2019t believe in it.\u00a0 I don\u2019t believe in hope.\u00a0 I don\u2019t believe in any of that stuff.\u00a0 If I can\u2019t see it.\u00a0 I can\u2019t measure it.\u00a0 I can\u2019t invest in it.<\/span><\/strong>\u00a0 So you know this is an indicator but it\u2019s nothing that\u2019s measurable so you have to be very cautious when looking at it.\u00a0\u00a0 So very very good articles coming out. [post 2 of 2]
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