'Tis the Season

Well it's that time of year again.  Time for mistletoe, Christmas cheer, caroling, and end-of-year RV rumors.  Before too many of you get sucked in by the hype and "hot intel" I just want to remind everybody about last year's holiday season BS.    

• On Dec. 18, 2010 Med said "BELIEVE IT TO BE FAIR AND REASONABLE TO BELIEVETHAT A VALUATION WILL BE HERE WITHIN THE NEXT TWO WEEKS"
• On Dec. 16, 2010 Delta said  "I just can’t see them starting 1/1/11 at 1170" to which Frank Villa replied "Me either DELTA".  T plus 340 days and counting.
• On Dec. 16, 2010 the RV-O-Meter at Currency Newshound was raised to 98.2% meaning "Prepare for Cash-in".
• On Dec. 13, 2010 TerryK said that Wed. Dec. 15 was the drop-dead date for the RV of all basket currencies.
• On Dec. 10, 2010 Phoenix said goodbye to the Dinar Vets site thinking the RV was done
• On Dec. 5, 2010 Enorrste wrote "If the RV has not yet happened then it will within a few days. Of that I am confident. I am not privy to the inner workings of the Iraqi government. What I am now following is my gut. I believe that we are there, for a lot of reasons. Of course I’ve believed that we were “there” before. I have been living in expectation with you all for a long time now. But somehow I now have become convinced that this is nearly over.  Therefore, I will proceed as if this were a “done deal”. If I am mistaken then you can throw my words into the trash heap along with all of the other gurus who have, numerous times I might add, given either a rate or a date." Noted and trashed, E.
• On Dec. 3, 2010 Okie said "TALKED TO BAGDAD LAST 2 NITES AND THEY STATED THAT ABSOLUTELY EVERY BENCH MARK THAT HAD TO BE MET WAS ACCOMPOLISHED AND THE R/V IS TOTALLY IN THE G O I HAND’S AND COULD GO AT ANY TIME"
• On Dec. 2, 2010 Blaino said " Just off the phone w/Okie! He is busy last several days putting out fires in his world! He has had a Sat phone call to two …”First Tier” sources (Will not say more on them, please don’t ask) and they both relate that (independently) the punch list is done, there is no material reason for any delay that they can see. He hears rates from $2.16 all the way to $7+. His sources are known to me now and are first tier!"  Hmmm ... maybe you should downgrade those sources a tad.
• On Dec. 1, 2010 Adam Montana said "We’re looking at a lot going on right now between the voting coming up, Maliki basically getting into a “crap or get off the pot”, and Sonny1 and I were just talking about the holiday coming up. There is a LOT of reason to think this may be coming sooner than we thought.  We don’t want to be caught away from our money with no way to get it."
• On Dec. 1, 2010 Kaperoni said "IMO the RV must occur prior to Jan 1".  
• On Nov. 29, 2010 sonny1 said "but someone who i trust, and has been right a few times on the news end of it, happens to think that at some point this week the cbi will release the rate. He says they will need the large notes back in by years end."  Guess they didn't need them after all.
• On Nov. 29, 2010 Breitling said "LOOK IT IS REALLY ON THE TABLE FOR THIS TO END THIS YEAR ... THEY ARE PRIMED ... WE SHOULD HAVE BEEN CASHED IN BY NOW ... ACCORDING TO MY BEST SOURCES ... THEY ARE IN SHOCK HOW IRAQ CAN MESS THINGS UP".  Table cleared, sources discredited.

This isn't an exhaustive list of course.  Just a few examples.  If I were so inclined I'm sure I could pull as many up from 2009, but you get the idea.  People tend to equate the end of the year with a psychological deadline in America, but obviously Iraq has other ideas.  If they choose to RV rather than RD they will do it at a rate that they can support, rather than a rate that we want.  They will do it at a time that suits their purposes, not ours.  I hate to be the one who drops this lump of coal called reality into your collective stockings, but in all likelihood nothing substantial will occur with the dinar for a few months.  So learn from the past and go about your business as usual, enjoying this time with your families and friends.

Happy Holidays Everybody!