FINALLY PEOPLE SOMEONE IS POSTING CLEAR NEWS: Iraqi Dinar Revaluation and New Denominations!

[TAV]

Iraqi Dinar Revaluation and New Denominations


News Type: Event — Sat Feb 27, 2010 1:14 PM EST

world-news (http://www.newsvine.com/world-news), iraq (http://www.newsvine.com/iraq), war (http://www.newsvine.com/war), money (http://www.newsvine.com/money), oil (http://www.newsvine.com/oil), finance (http://www.newsvine.com/finance), investing (http://www.newsvine.com/investing), gold (http://www.newsvine.com/gold), forex (http://www.newsvine.com/forex), investments (http://www.newsvine.com/investments), stock-exchange (http://www.newsvine.com/stock-exchange), iraqi-dinar (http://www.newsvine.com/iraqi-dinar), new-denominations (http://www.newsvine.com/new-denominations), revaluations (http://www.newsvine.com/revaluations)
Ezonez (http://ezonez.newsvine.com/)

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Recently there has been many discussions about the current news in Iraq in regards to the increase of its currency value and the introduction of new denominations into the Iraqi economy that is scheduled to be brought into action sometime during 2010. The Iraq Finance Minister issued a statement disclosing preparation of increasing the value of the Dinar against the U.S. Dollar and will in fact issue ¼, 1/2, 1, 5, 10, 25 and possibly even 1/10 or 1/20 Dinar banknotes and/or coins. Also claims have been reported that favorable fiscal policies sought after in Iraq have contributed to the increase of the value of the Dinar against the U.S. Dollar, pointing out that the Dollar had dropped a great deal in value just over the past year and yet in another press release it has been said that the bank is indeed with great attention keeping track of the low demand of the U.S. Dollar in the Iraq markets of currency exchange.

http://ezonez.newsvine.com/_news/2010/02/27/3958215-iraqi-dinar-revaluation-and-new-denominations

[Ron Lawrence]

Thanks Tav, great find and a very positive one.

Now if we can only find other sources of news to confirm this particular article than it looks like our investment is on the right track.

[TAV]

and when is this artivle say this will hapen and we all lose our dinar


huh?:drunk::drunk:

[TAV]

YouTube- Yipee for gas

[TAV]

no i mighjt have said ity wrong.what will become of our dinar notes that we have now.the 50/250/500/1000/and so on will we be able to exchange here in the states.or are we out of luck with them.and what time frame is all this going to take place.and another question will it rv and lop at the same time to make the currency more .on par with the dollar.


The article clearly states RV with the addition of smaller denominations including 1/10 & 1/20 banknotes or coins, which is definitely something new! As far as where you exchange currency, no one knows as of yet but I bet just about any and everyone will exchange your currency without any problems!!

[Uno]

Iraqi Dinar Revaluation and New Denominations

Recently there has been many discussions about the current news in Iraq in regards to the increase of its currency value and the introduction of new denominations into the Iraqi economy that is scheduled to be brought into action sometime during 2010. The Iraq Finance Minister issued a statement disclosing preparation of increasing the value of the Dinar against the U.S. Dollar and will in fact issue ¼, 1/2, 1, 5, 10, 25 and possibly even 1/10 or 1/20 Dinar banknotes and/or coins. Also claims have been reported that favorable fiscal policies sought after in Iraq have contributed to the increase of the value of the Dinar against the U.S. Dollar, pointing out that the Dollar had dropped a great deal in value just over the past year and yet in another press release it has been said that the bank is indeed with great attention keeping track of the low demand of the U.S. Dollar in the Iraq markets of currency exchange.

http://ezonez.newsvine.com/_news/2010/02/27/3958215-iraqi-dinar-revaluation-and-new-denominations
Seriously?
You posted an article that says there have been rumors about a dinar RV?
Then you claim this supports your position that there will be one?
Obviously the Finance Minister did NOT say the value was increasing along with distribution of smaller denominations.
If so, where is the link that has his quote?
Do you know the going rate dealers pay for marketing?
Are you self employed and named Ali?

[MarkOne]

I was going to ask "where does it mention RV?", however, I think I'll leave this up to SE. He's been practicing his typing and I'll bet he's up to 200 words a minute by now!!!:bigsmile:

[sunrock]

The article clearly states RV with the addition of smaller denominations including 1/10 & 1/20 banknotes or coins, which is definitely something new! As far as where you exchange currency, no one knows as of yet but I bet just about any and everyone will exchange your currency without any problems!!

Ali from dinar trade will ex for $150 per mill no spread.

He is setting up offices nationwide to handle the flow.

[cowpoke]

I can finally afford 2 wives. Thanks TAV..

[TAV]

seriously?
You posted an article that says there have been rumors about a dinar rv?
Then you claim this supports your position that there will be one?
Obviously the finance minister did not say the value was increasing along with distribution of smaller denominations.
If so, where is the link that has his quote?
Do you know the going rate dealers pay for marketing?
Are you self employed and named ali?


First!!!!!!! I never posted any info of an RV!!!!! That's what most of us are waiting for!!!!!!! THE ARTICLE STATES AN RV COMING THIS YEAR, IT DIDN'T SAY THEY RV'D YET!!!!!!

Second!!!!! Everything I do post is info that I've found online, the same info that's readily available to everyone including you!!!!

Third!!!!!!! It has alway, from the beginning been said that, "as we get closer to a date of currency maturity that false information and rumors would spread to keep speculators from investing!!!!

I personally along with many others don't have to spread rumors of hearsay, they(gov't of iraq) are being overt, and this we do know!!!

I'm not dim to believe that Iraq printed 50 Trillion Dinars because someone say they are a cash base system!!!!
If you would like to know my perspective just ask!!!!!

What people forgets is that they are still under UN santions!!!
Iraq don't have the control nor power to simply introduce themselves into the world market, I've been around long enough doing homework to learn who's all involved!!!!

Iraq owes alot of people, more than just the U.S. Like I said in another post, there where 35 countries supporting war efforts their!!!!

Someone said iraq's money supply is more than the U.S. & E.U. Put together and I agree it probably is, but when you have thirty-five nations supporting you, I say it's probably still not enough!!!!!!

In the beginning when it was hypothesized about this investment, alot of research went into this, not just by me but alot of you, seven years has gone by with thousands upon thousands of compiled information from members here in IIF alone!!! alot of those theories, at least the ones i've been tracking are now fact.

The odds are better than 70% a RV is coming!!!!!!!

[latefordinar]

The article clearly states RV with the addition of smaller denominations including 1/10 & 1/20 banknotes or coins, which is definitely something new! As far as where you exchange currency, no one knows as of yet but I bet just about any and everyone will exchange your currency without any problems!! :worried:
At 1 USD = 1170 :IQD, 1/20 IQD = .0000425 USD - :speechless: won't buy much gas!:giggle::giggle::giggle:

[lglwzrd]

i think maliki's statements made today says it all......we are looking good. i do not see a lop-i do see a revaluation with the lower currencies coming out to support a higher rate.....im always right-its what i get paid to be.......

[latefordinar]

i think maliki's statements made today says it all......we are looking good. i do not see a lop-i do see a revaluation with the lower currencies coming out to support a higher rate.....im always right-its what i get paid to be.......

I'll wait here.....

[TAV]

I can finally afford 2 wives. Thanks TAV..


:rofl::rofl::rofl:

[waitingonthedinar]

I feel stupid, but does this mean the bills we have now will be worth nothing?

[TAV]

I feel stupid, but does this mean the bills we have now will be worth nothing?


NOPE, IT'S A GREAT QUESTION!

WAITINGONTHEDINAR, "YOUR BILLS AREN'T WORTH ANYTHING RIGHT NOW"!

IF YOU CAN'T SPEND THEM, PAY BILLS WITH THEM, OR TRADE THEM FOR OTHER GOODS LIKE FOOD & CLOTHES, THEY'RE BASICLY WORTHLESS!!!

GOOD NEWS IS, NOT FOR LONG!:happy64:

WITH THE SMALLER DENOMINATIONS BEING INTRODUCE IN ADDITION WITH THE CURRENCY ALREADY OUT, IT CONFIRMS THAT YOUR BILLS, YOU HAVE IN HAND, WILL REMAIN VALID AT LEAST FOR NOW! EVENTUALLY THEY ARE BEING TAKEN OUT OF CIRCULATION BECAUSE THEY ARE TOO LARGE OF A BILL TO BE CARRYING AND TRYING TO MAKE CHANGE FOR ALSO THEY ARE TO BE MADE USER FRIENDLY IN RELATION TO THE US DOLLAR AND OTHER CURRENCY AROUND THE WORLD!!

IF IT IS DECIDED THAT THEY WANT TO MAKE 1 IRAQI DINAR = TO .01 CENT (A PENNY) YOU STILL HAVE MADE ALOT OF MONEY

IF YOUR READING ALL THE POSTS
AND IT SOUNDS REALLY CONFUSING,
IT'S NOT YOU,
IT'S DONE ON PURPOSE!!!

HOPEFULLY I WAS ABLE TO HELP CLEAR UP SOME OF YOUR QUESTIONS!!

[cheap23]

TAV,

No disrespect, I appreciate your posts, but why does it say advertisement at the top of your first post?

Also, I check with Wikipedia, and this is what they had to say about Newsvine:

From Wikipedia, the free encyclopedia
Newsvine

URL http://newsvine.com/
Commercial? Yes
Type of site Social News
Registration Optional
Available language(s) English
Owner msnbc.com
Created by Newsvine, Inc.
Launched March 1, 2006
Alexa rank 6,782 (as of Jul 11, 08) [1]
Current status Online
Newsvine is a community-powered, collaborative journalism news website which draws content from its users and syndicated content from mainstream sources such as The Associated Press. Users can write articles, seed links to external content, and discuss news items submitted by both users and professional journalists.
Newsvine, the company, is not a news bureau and exercises no editorial voice, but acts as a social news platform for the community which has grown around it. Members decide with their actions what news makes it onto the site and what news is removed, and the Newsvine staff works to keep the platform operating and evolving.

Being that it is owned by MSNBC is a good thing. I sure hope this article is from a reliable source - I want that RV or "increase in value of the dinar" as much as the next guy. :rock:

Good find - thanks.

[TAV]

TAV,

No disrespect, I appreciate your posts, but why does it say advertisement at the top of your first post?

Also, I check with Wikipedia, and this is what they had to say about Newsvine:

From Wikipedia, the free encyclopedia
Newsvine

URL http://newsvine.com/
Commercial? Yes
Type of site Social News
Registration Optional
Available language(s) English
Owner msnbc.com
Created by Newsvine, Inc.
Launched March 1, 2006
Alexa rank 6,782 (as of Jul 11, 08) [1]
Current status Online
Newsvine is a community-powered, collaborative journalism news website which draws content from its users and syndicated content from mainstream sources such as The Associated Press. Users can write articles, seed links to external content, and discuss news items submitted by both users and professional journalists.
Newsvine, the company, is not a news bureau and exercises no editorial voice, but acts as a social news platform for the community which has grown around it. Members decide with their actions what news makes it onto the site and what news is removed, and the Newsvine staff works to keep the platform operating and evolving.

Being that it is owned by MSNBC is a good thing. I sure hope this article is from a reliable source - I want that RV or "increase in value of the dinar" as much as the next guy. :rock:

Good find - thanks.


THANKS FOR ASKING,
WHEN I COPIED AND PASTED IT, THERE WAS SOME OTHER ADVERTISMENT I CAN'T REMEMBER OFF HAND THAT GOT PASTED ONTO, I DIDN'T WASTE TIME CLEARING IT!! I PROVIDED THE LINK SO THAT ALL CAN SEE THE ORIGINAL POST!!

BY ALL MEANS THANKS FOR NOTICING, I TRY TO POST INFO THAT IS VALID!!!!

NOW WHAT I DIDN'T KNOW IS THAT THEY ARE OWNED BY MSNBC, THIS IS NEW INFO YOU HAVE SHARED WITH ME!!!!

I UNDERSTAND THAT MOST NEWS REPORTED IS FROM SOME OUTSIDE SOURCE THAT THEY USUALLY CONFIRM BEFORE PRINTING.

TODAY IF YOU WATCH THE MAIN NEWS SUCH AS CNN, MSNBC, FOX, BBC THEY ARE USING FACEBOOK OR TWITTER TO ASSIST IN GETTING THE NEWS AND OPINIONS FROM THE PUBLIC IN REPORTING ACCURACY IN THE NEWS.

THIS IS THE BEST NEWS BECAUSE IT'S RAW AND UNTAINTED, IT'S NOT REWRITTEN TO SUIT OTHER PERSONAL AGENDAS. YOU ARE GETTING THE NEWS AS IT HAPPEN WITH CONFIRMATION FROM THE PUBLIC AS IT HAPPENS!!! VERY VERY VERY GOOD THING!!!!

IN THE BEGINNING THE NEWS HERE ON IIF WAS RAW, PERFECT BECAUSE THE MULTITUDE ACROSS THE GLOBE COLLABORATED RAW INFORMATION AS THEY RECIEVED IT AND SHARE WITH ONE ANOTHER.

THIS SITE IS VERY VERY VERY POWERFUL, FULL OF INFORMATION FROM PEOPLE AROUND THE WORLD OR AT LEAST UNTIL A SELECTED FEW DECIDED THAT POST MISLEADING INFO FOR THE SAKE OF SELF WAS MORE BENEFICIAL!!!!!

THANK YOU:handshake: FOR DOUBLE CHECKING MY FIND AND KEEPING ME HONEST!!!

THIS IS GETTING GOOD BY THE MINUTE!!!!

[Roy]

I will ask the question. Since so many people on here are stating that we need to start a Warka account and ship our cash bills back to Iraq. Is this the still the same priority. It was mentioned in another thread that it might be possible to wire our Dinar back to Iraq through BB and T Bank with a 1% charge of doing so. It was also mentioned that it will cost approx $121. to sent about 3 million at a time doing it that way. Myself, I would rather just keep the paper bills tucked away in my safety deposit box for the future. Can someone till me if it is still important to get the Warka account started and funded with all of our 'dinars or not? I know no one knows for sure but would like to get the general opinion.

Thank you
Roy.

[Roy]

RSFS
Investor

Join Date: Aug 2009
Location: Maryland
Posts: 130

Triton, my bank is BB&T this bank will do a International Foreign Exchange for you check with the manager and they will exchange the currency, this process will take 2 weeks and must be deposited in a BB&T account, this will be done for free or they will charge you a 1% of the total cost to transfer ( wire ) in your own account. Also check with J.P. Morgan Chase Bank, but look out for J.P. he will want a larger percent %$$$$$ and that is for just exchanging them ( Check A BB&T Bank in your area ) or any Bank in the U.S. that will do Foreign Exhange

I am not sure how to add several post in a different thread but this is the one that I am referring to. It would seem a lot safer to wire it rather that sending the actual paper money.

[crave681]

All Caps = ouch my eyes hurt! hehe, thx tho, great find!

[TAV]

i will ask the question. Since so many people on here are stating that we need to start a warka account and ship our cash bills back to iraq. Is this the still the same priority. It was mentioned in another thread that it might be possible to wire our dinar back to iraq through bb and t bank with a 1% charge of doing so. It was also mentioned that it will cost approx $121. To sent about 3 million at a time doing it that way. Myself, i would rather just keep the paper bills tucked away in my safety deposit box for the future. Can someone till me if it is still important to get the warka account started and funded with all of our 'dinars or not? I know no one knows for sure but would like to get the general opinion.

Thank you
roy.

look roy

the name of the game is comfort, if you are more comfort with holding your own bills than i would say continue holding them, if your interested in sending your money across sea and hoping they are honest, then send them, if your interested in isx and want to invest then you should invest, what's important is that your able to get good sleep at night knowing you will not have a problem with getting your money when needed!!!

me personally, i wouldn't send one red cent to them!!

the u.s. Has sent and spent your money already to rebuild that country and they turn there nose!!
big oil will not move on that country until laws are passed and sanctions are lifted!!!
that country is in a great position to make history yet they fight among themselves with extreme force!!!
you don't know if your sending money that supports some terror group!!
you have to do your homework and decide what is best for you!!
just remember they don't have any fdic that will protect you!!!

[crave681]

When i see an Iraqi ETF, Im in. But direct Isx investment just worries me too much. If the ETF doesnt materialize, i will maybe, maybe, get in via warka, but only with play money.

[435613422]

All Caps = ouch my eyes hurt! hehe, thx tho, great find!

=) I like the Caps. It is like advertisement and a technique for marketing, which catches my attention

[WhiteFeather]

CBI governor says current exchange rate reasonable

March 1, 2010 - 12:37:27

BAGHDAD / Aswat al-Iraq: The governor of the Central Bank of Iraq (CBI) on Monday said that the current exchange rate (1,170 Iraqi dinars per dollar) is reasonable, adding that the bank has enough foreign reserves to defend the exchange rate.
“The CBI is adopting a managed floating policy of exchange rate, through which a reasonable exchange rate is fixed,” Sanan al-Shubibi told Aswat al-Iraq news agency.
“The current exchange rate is reasonable and stable and can be defended by our vast foreign reserves, totaling $43 billion U.S. dollars at the moment,” Shubibi explained.

[Ringworm]

Not bashing just found this. It says ,once signed up , you can add or edit stories.
http://www.newsvine.com/_nv/cms/help/seed

[EatAtJoes]

Not bashing just found this. It says ,once signed up , you can add or edit stories.
http://www.newsvine.com/_nv/cms/help/seed


Exactly.............

[Jimbojoe]

Great Post Tav and Good Job.. Sometimes you just ignor Negative thinking People.

[lisa k]

Super input Tav, STAY POSITIVE...IGNORE THE NEGY POOS....!!!!!!!!!!!!!!!!!!!!!!!!!!

[lisa k]

Little off topic...when is election??

[Roy]

look roy

the name of the game is comfort, if you are more comfort with holding your own bills than i would say continue holding them, if your interested in sending your money across sea and hoping they are honest, then send them, if your interested in isx and want to invest then you should invest, what's important is that your able to get good sleep at night knowing you will not have a problem with getting your money when needed!!!

me personally, i wouldn't send one red cent to them!!

the u.s. Has sent and spent your money already to rebuild that country and they turn there nose!!
big oil will not move on that country until laws are passed and sanctions are lifted!!!
that country is in a great position to make history yet they fight among themselves with extreme force!!!
you don't know if your sending money that supports some terror group!!
you have to do your homework and decide what is best for you!!
just remember they don't have any fdic that will protect you!!!

TAV
I apppreciate the feedback. I do not mind the risk but approx. half of what I have belongs to my son and the rest will go to the family when I leave this earth. Not old but two years out from retirement. I just don't want to loose it for them. Like everyone else on this site. I was asking for a general thought as what a lot of people are doing, no one wants to loose their money. If you get on some threads, Warka is the greatest thing since snow. I have purchased from Gid Associates. I have called them and they have not returned my call as yet. They may or may not know what is going on but the amount that I have purchased though them, they should help their customers anyway. I prefer to leave it in the safety deposit box here. You have some very good points. I can not see them screwing the world. There are a lot of countries that has backed Iraq and if they decide to lop or screw the world, they are going to make far more enemies then they have not.

Thanks
Roy

[JUSTAGIRL]

Little off topic...when is election??

Answer - SUNDAY SUNDAY SUNDAY!- JAG

[Uno]

Not bashing just found this. It says ,once signed up , you can add or edit stories.
http://www.newsvine.com/_nv/cms/help/seed
Nice job Ringworm, but they will ignore your post.
They dismiss any and all logical, factual counter arguements.
An "edit your own news site" is not reliable at all, no matter who owns it.
Nobody checks the article's integrity...which is right up the pumpers alley.

[mike032588]

Nice job Ringworm, but they will ignore your post.
They dismiss any and all logical, factual counter arguements.
An "edit your own news site" is not reliable at all, no matter who owns it.
Nobody checks the article's integrity...which is right up the pumpers alley.

And the other way around... Lopsters and RVERS ARE LIke democrats and republicans they will never agree nor listen to the other side... There have been many LOGICAL articles supporting an RV.. and a lop.. but everyone forgets that this is iraq were talking about here... a debt free country with all the resources in the middle east... but id like to see what tav has to say about this...

was this article edited? where is its creditability?

[Howler]

i think maliki's statements made today says it all......we are looking good. i do not see a lop-i do see a revaluation with the lower currencies coming out to support a higher rate.....im always right-its what i get paid to be.......



:bigsmile:

I'm aways right too. At least thats what I tell my wife!

[dinarguru]

Not bashing just found this. It says ,once signed up , you can add or edit stories.
http://www.newsvine.com/_nv/cms/help/seed
good catch ringworm...i was gonna say something about that as well but you beat me too it...but this just shows you that you gotta be careful about the sources of where theses articles be coming from

[dinarguru]

deleted.....

[JPmonopoly]

Iraq owes alot of people, more than just the U.S. Like I said in another post, there where 35 countries supporting war efforts their!!!!

Someone said iraq's money supply is more than the U.S. & E.U. Put together and I agree it probably is, but when you have thirty-five nations supporting you, I say it's probably still not enough!!!!!!

In the beginning when it was hypothesized about this investment, alot of research went into this, not just by me but alot of you, seven years has gone by with thousands upon thousands of compiled information from members here in IIF alone!!! alot of those theories, at least the ones i've been tracking are now fact.

The odds are better than 70% a RV is coming!!!!!!!


Super input Tav, STAY POSITIVE...IGNORE THE NEGY POOS....!!!!!!!!!!!!!!!!!!!!!!!!!!

I agree, great job Tav. What you say makes a lot of sense. I mean why wouldnt Iraq have a money supply bigger than the US and Europe combined? its common sense

[lisa k]

So nothing is happining yet whats up thought today was a big day ahah
Yeah its big alright !!! So big in fact its just as big AS ANY OTHER DAY!!!:party:Im gonna have my icecream now.:party:

[JOJAS DINARS]

Curious to know where exaclty in that article the word "revalue" is written. An unbiased read does not lead unequivocally to the inference that a revalue is in order. It is possible to remove the zeroes and repalce them with the lower denoms. Read the article again and that is an entirely possible (if not probable) conclusion o draw from this article.

[lisa k]

HEY...Your melting my icecream.Its chocolate carmel w/rv nut... :huge: :huge: :huge:

[TAV]

Adding Stories to Newsvine... or "Seeding"

Not everybody has time to write original articles. Sometimes you just want to publish a link to a news story you've read elsewhere on the web and perhaps leave a comment about it.
"Seeding Newsvine" is a way to accomplish this with one easy click. Not only can you create a trail of interesting stories you've read around the web, but each item you seed can then be commented on by other users.
How it works

Simply save the "Seed Newsvine" button on the left side of this page to your browser (view the quick 10-second demo below (http://www.investorsiraq.com/#demo_anchor) for a walkthrough). Then, the next time you read a great article — whether on MSNBC, ESPN, or any other site — click the button, enter your own headline, comment, and tags, and you've just seeded Newsvine.
The article you've just seeded will appear instantly in your column at "yourname.newsvine.com".

http://www.newsvine.com/_nv/cms/help/seed


ABOVE, I'VE POSTED SOME INFO FROM NEWSVINE CONCERNING POSTING NEWS ARTICLES!!!!

FROM WHAT I SEE AS TO, "HOW IT WORKS"

THE ONLY THING YOU CAN ADD IS A HEADLINE, COMMENT, AND TAGS, THE STORY ISN'T CHANGED OR AFFECTED!!!

"ACCORDING TO NEWSVINE", THE SETUP ALLOWS YOU TO POST ARTICLES THAT'S ALREADY IN THE NEWS, THEY ARE TELLING YOU, YOU DON'T HAVE TO REWRITE ANY ARTICLES JUST POST THE LINK!!!


AS FAR AS ADDING HEADLINES, "IF I WAS DOING A REPORT SUCH AS THE ONE I'M DOING HERE ON IIF", I'D STATE MY ARGUEMENT AND POST A REFERENCE HEADLINE "ACCORDING TO NEWSVINE........"


ONCE AGAIN IT CONFIRMS MY ARGUEMENT ABOUT RAW DATA AND INFO!!!

MSNBC IS A MAJOR NEWS NETWORK, A PRIME TIME NEWS NETWORK, I BELIEVE THEIR CREDITABILITY IS SOUND AND THEIR REPUTATION IS SOLID!!

THIS IS A GOOD ARTICLE, AND GOOD FIND!!!

:yes::yes: TWO THUMBS UP

[TAV]

Curious to know where exaclty in that article the word "revalue" is written. An unbiased read does not lead unequivocally to the inference that a revalue is in order. It is possible to remove the zeroes and repalce them with the lower denoms. Read the article again and that is an entirely possible (if not probable) conclusion o draw from this article.


REVALUE IS WRITTEN IN THE HEADLINES!!!

"Iraqi Dinar Revaluation and New Denominations":dull:




"

[theJimster]

REVALUE IS WRITTEN IN THE HEADLINES!!!

"Iraqi Dinar Revaluation and New Denominations":dull:




"

oooo burnt....:smirk:

[mike032588]

Tav i believe the headline was changed and im pretty sure this article came from Dinar Banker.com... which runs commercials all over MSNBC ... i work down here on wall street and everywhere they run these commercials about the value of the dinar and the future outlook...

That article is extremely interesting and i think we are on to something here...

http://www.dinarbanker.com/information-articles/iraqi-dinar-redenomination-and-exchangeability.html

[TAV]

Tav i believe the headline was changed and im pretty sure this article came from Dinar Banker.com... which runs commercials all over MSNBC ... i work down here on wall street and everywhere they run these commercials about the value of the dinar and the future outlook...

That article is extremely interesting and i think we are on to something here...

http://www.dinarbanker.com/information-articles/iraqi-dinar-redenomination-and-exchangeability.html



"Throughout modern history, there has not been one instance where a country honored some denominations, but not others. If certain denominations were not valued, people and other countries would lose faith in that country's responsibility to respect their debt and honor their issued currency. If a nation only valued certain denominations, who would trade with them, exchange with them, or conduct business with them? To limit the time period for currency exchange in order to force the de-valuation of currency in circulation in order to reduce debt doesn't happen and wouldn't be tolerated by the world financial community. Countries have to be accountable for all of their currency and they can't play games with exchange timelines to try and prevent people for exchanging. Remember, in addition to individual investors, large governments and banks outside of Iraq hold Iraqi currency. Money from all over the world has flowed into Iraq through the purchase of Iraqi Dinar. The Iraqi Government will honor that investment in their economy, or there will never be faith in their economy and they will never be accepted by the world financial community."


THE ABOVE ARTICLE WAS POSTED ON THEIR SITE, AND A VERY REASONABLE ASSUMPTION!!!

WE ALREADY KNOW OTHER COUNTRIES HOLD DINARS THEREFORE YES WE ARE RIDING THE COAT TAILS OF A MUCH LARGER ELITE!!!!

THIS ARTICLE IS RIGHT ON, DINAR BANKER.COM INVESTED ON THE LOGICAL ASSUMPTION OF GOVERNMENT POLICY AND THE HISTORY OF BANKING!!!!!!

THIS INVESTMENT IS WAY BIGGER THAN A FEW SPECULATORS!!!!!!







AWESOME MIKE!!! THANKS FOR THE FIND AND POSTING!!! THE ARTICLE IS LOGICALLY SOUND, I FIND NO RHETORIC OR DISTORTED INFORMATION IN THIS ARTICLE, THEY ARE QUOTING THE HISTORY OF BANKING & GOVERNMENTAL POLICY IN THE INTERNATIONAL ECONOMIC MARKET!!!!

[44special]

I have followed you from the get go and you are one of the few I actually take seriously. I pray you are correct my friend. I have sat quitely on the side lines holding onto my seat and my dinar...:happy::clapping:


i think maliki's statements made today says it all......we are looking good. i do not see a lop-i do see a revaluation with the lower currencies coming out to support a higher rate.....im always right-its what i get paid to be.......

[English Bob]

And the other way around... Lopsters and RVERS ARE LIke democrats and republicans they will never agree nor listen to the other side... There have been many LOGICAL articles supporting an RV.. and a lop.. but everyone forgets that this is iraq were talking about here... a debt free country with all the resources in the middle east... but id like to see what tav has to say about this...

was this article edited? where is its creditability?


mike032588 :handshake:

Mike sorry to burst your bubble..........they are not debt free........they start paying off any remainder in 2011...............that is why they are in a hurry (iraq does not go fast) to get the oil output up..........to cover budget shortfalls.........and start paying the debts.


I have not seen one logical artical supporting RV............

But many on the lop............and artical has just benn posted......1000-1 in June..............so the RVers have one :party:

Of course next stop..............the LOP!


Just simple logic ......if they have 50T in circ.......and increase it 10 time where are they going to get 150T...........from.

The CBI does not own the oil..................and the CBI has reserves to back the NID............it is those reserves that decide what the value of the NID should be.


Think of it like a stock.

You have a firm that has a turn over 10M, profit 1m what is the stock worth if they have 1m shares??


If those shares where 100 each they would be valueing the firm at 100m on only 1m proffit per year..............would you buy???


JMO

EB

[itmakescents]

Looks like nothing til june-then 1000 iqd/ dollar!



Posted by: Marcelno Date: Wednesday, March 03, 2010 7:59:56 AM
In reply to: None Post # of 22003

Sources: Central Bank recovered $ 10 billion, and implement a plan to equalize the Iraqi dinar in U.S. dollars



03/03/2010 Wednesday 18 - the first spring -1431


Financial sources familiar with the "home" for the restoration of the Iraqi Central Bank to more than $ 10 billion and deposits from the former regime seized in international banks, There are efforts to restore the funds other than the value of contracts and deals signed under Saddam Hussein's regime was supplemented after the war for the invasion of Kuwait in 1990.

The financial sources familiar with "Al-Watan that" the United Iraqi Alliance bloc that nominated Bayan Jabr Zubaidi the next prime minister after the election, betting on the disclosure of such information described terms to augment the Iraqi National Coalition election, especially with the assurances of the Iraqi Central Bank study revalue Iraqi by deleting the 3 zeros from the nominal value of the current, and the U.S. dollar equivalent of one Iraqi dinar.
Mudhir Mohammed Salih, adviser to the central bank raising project yellowing of the currency promoted by the government in 2007, "Central Bank Itboukh on the backburner" and expected to see the end of 2010 or early 2011 on the development project. "

In the meantime, the central bank will continue the policy of stabilizing the exchange rate dinar to the dollar, "Al-Watan" that the central bank seeks to raise the value of the Iraqi dinar of 1180 dinars per U.S. dollar to 1000 dinars per U.S. dollars, within the month of June, and on the extent of conflict this policy with the policy of economic reform, followed by Iraq since 2003, under which the installation is a departure from the principles of capitalism Judge freely exchange rate liberalization, the central bank adviser said that "Iraq is in transition toward a market economy as it targets the central bank has worked to achieve the stability of the dinar exchange rate after The fluctuation is a concern for the citizen. "

In response to the indictment of the central responsibility of rising inflation, despite the policy followed by the installation, Saleh said that "the Central is not interested in lower prices in the marketplace but is responsible for the overall level of prices, and inflation declined in the country and income for the first time arranged to one decimal place, a 6% after was 60% even though there is no price in the world series back to back, but important that the price hikes under control. "

For its part, said an economic expert, Dr. Salama Smeisim for "home," said the leaked information from sources close to the Central Bank of Iraq can put things in different scales and different, and is considered central bank's ability to retrieve these funds from large international banks, each claimant to intervene in monetary policy, which it is exclusively the prerogative of the central bank, particularly because a lot of economic advisers in the Iraqi government demanded to borrow from Iraq's financial deposits at the central bank to cover the deficit in the general budget of the government, said Simasim must "stop such claims at a certain without encroachment on the powers of the monetary authorities. "
She stressed the importance of "keeping the rule of the dinar, above all, because the existence of such quantities of cash allows the authorities concerned to use this cash to address the liquidity shortage faced by the Iraqi budget and is the argument or excuse invoked by some in his allusions to demand the seizure of the existing stockpile of Central Bank


Editor: AlMarsad


http://www.baghdadtimes.net/Arabic/index.php?sid=58968


http://translate.google.com/translat...68&sl=ar&tl=en


This is the original story ( Al-Watan is a Kuwaiti newspaper ) :

http://www.alwatan.com.kw/ArticleDetails.aspx?Id=11140

http://translate.google.com/translat...40&sl=ar&tl=en

[sablystone]

Thanks for the info. 1000 IQD to 1 USD is the right direction .... miniscule change though.

[mike032588]

mike032588 :handshake:

Mike sorry to burst your bubble..........they are not debt free........they start paying off any remainder in 2011...............that is why they are in a hurry (iraq does not go fast) to get the oil output up..........to cover budget shortfalls.........and start paying the debts.


I have not seen one logical artical supporting RV............

But many on the lop............and artical has just benn posted......1000-1 in June..............so the RVers have one :party:

Of course next stop..............the LOP!


Just simple logic ......if they have 50T in circ.......and increase it 10 time where are they going to get 150T...........from.

The CBI does not own the oil..................and the CBI has reserves to back the NID............it is those reserves that decide what the value of the NID should be.


Think of it like a stock.

You have a firm that has a turn over 10M, profit 1m what is the stock worth if they have 1m shares??


If those shares where 100 each they would be valueing the firm at 100m on only 1m proffit per year..............would you buy???


JMO

EB

No i understand clearly which one is the logical choice but i feel like its robing iraq of its wealth if they jsut remove 3 zeros... there needs to be an increase in value if they want to show the world they can stand internationally...

[English Bob]

No i understand clearly which one is the logical choice but i feel like its robing iraq of its wealth if they jsut remove 3 zeros... there needs to be an increase in value if they want to show the world they can stand internationally...


mike032588 :handshake:

Iraq's wealth is .............the oil

When the iraq citizens start getting thier share of the oil revenues they will not be robbed.

By increaseing the rate at the moment would mean that speculators and investors sitting with NID............would rob Iraqis of thier wealth.


All will come good..........those who bought at 4000-1 have done good already...........Iraq knows it needs to get rid of those 3 Zeroes............as they cannot support speculators from 1170..............-$3+ over time..............they maybe able to support after 3 Zeroes gone from say 1.17............- $3+ .........over time.

JMO

EB

[mike032588]

mike032588 :handshake:

Iraq's wealth is .............the oil

When the iraq citizens start getting thier share of the oil revenues they will not be robbed.

By increaseing the rate at the moment would mean that speculators and investors sitting with NID............would rob Iraqis of thier wealth.


All will come good..........those who bought at 4000-1 have done good already...........Iraq knows it needs to get rid of those 3 Zeroes............as they cannot support speculators from 1170..............-$3+ over time..............they maybe able to support after 3 Zeroes gone from say 1.17............- $3+ .........over time.

JMO

EB

I understand what your saying but what about those in the ISX surely the fees in exchanging will make the banks more money maybe a nice rise in prices... this is going to get crazy... i advise those not familiar with investing or speculating just sit on the sidelines for now... your stepping into the game in the 9th inning haha

[Mr. Deeds]

EB,
You are correct about the source of wealth, Oil. However, Mikes point is, they are not going to distibute the wealth in cans of oil to your back yard holding tank. It's the currency that will reflect the value of their wealth. Maybe I misunderstood your reply, but Americas wealth doesn't reflect any other way than $ reflecting GDP. Oops, I just stepped in way over my head! Snorkel? Anyone......... snorkel?


mike032588 :handshake:

Iraq's wealth is .............the oil

When the iraq citizens start getting thier share of the oil revenues they will not be robbed.

By increaseing the rate at the moment would mean that speculators and investors sitting with NID............would rob Iraqis of thier wealth.


All will come good..........those who bought at 4000-1 have done good already...........Iraq knows it needs to get rid of those 3 Zeroes............as they cannot support speculators from 1170..............-$3+ over time..............they maybe able to support after 3 Zeroes gone from say 1.17............- $3+ .........over time.

JMO

EB

[latefordinar]

EB,
You are correct about the source of wealth, Oil. However, Mikes point is, they are not going to distibute the wealth in cans of oil to your back yard holding tank. It's the currency that will reflect the value of their wealth. Maybe I misunderstood your reply, but Americas wealth doesn't reflect any other way than $ reflecting GDP. Oops, I just stepped in way over my head! Snorkel? Anyone......... snorkel?:rock:10W-40 and kick the tires!:sun:

[English Bob]

EB,
You are correct about the source of wealth, Oil. However, Mikes point is, they are not going to distibute the wealth in cans of oil to your back yard holding tank. It's the currency that will reflect the value of their wealth. Maybe I misunderstood your reply, but Americas wealth doesn't reflect any other way than $ reflecting GDP. Oops, I just stepped in way over my head! Snorkel? Anyone......... snorkel?



Mr Deeds :handshake:

I here you..............they will be paid in NID. GOI gets paid in $$. CBI will convert to NID and charge a fee sell the $$ to the Iraq banks.........charge a fee..........Iraqis will get paid in NID.

Now I can see that if they have a good exchange rate to the $.......they will get more NID ..............so with that said is the lop so they can in time get to a 3-1 ratio...............would make sense..............the GOI would have a game plan (time frame) for when they will be paying out via the HCL...............that will be the key to a higher exchange rate!

Ta.............had not thought of it that way...............all the stepping stones are being laid one by one...............a way to go yet but I can now see the plan...............I think once debt paid and they have a surplus they would hope that thier rate will be high to distribute NID to thier citizens..........JMO

EB

[EatAtJoes]

You are right TAV

Thanks for the encouragement!

All we can do now is be patient.

[KnightsCharger]

mike032588 :handshake:

Mike sorry to burst your bubble..........they are not debt free........they start paying off any remainder in 2011...............that is why they are in a hurry (iraq does not go fast) to get the oil output up..........to cover budget shortfalls.........and start paying the debts.


I have not seen one logical artical supporting RV............

But many on the lop............and artical has just benn posted......1000-1 in June..............so the RVers have one :party: Not according to Gov. Shabibi.

Of course next stop..............the LOP! I don't think soooooooooooo!


Just simple logic ......if they have 50T in circ.......No they don't. and increase it 10 time where are they going to get 150T...........from. Their not, they will decrease M2 substantially. There will be a new base, but not what you and others think!!

The CBI does not own the oil..................You got that right. and the CBI has reserves to back the NID............it is those reserves that decide what the value of the NID should be. Right again


Think of it like a stock.

You have a firm that has a turn over 10M, profit 1m what is the stock worth if they have 1m shares??


If those shares where 100 each they would be valueing the firm at 100m on only 1m proffit per year..............would you buy???


JMO

EB


Good luck with you stocks!!!

KC

[RSFS]

You are in > Home / Baghdad, Economy, Latest News, Lead Story / PM: Iraqi dinar re-evaluation has to do with economic conditions PM: Iraqi dinar re-evaluation has to do with economic conditions
February 28, 2010 - 04:36:11
BAGHDAD / Aswat al-Iraq: Iraqi Prime Minister Nouri al-Maliki said on Sunday that the process to re-evaluate the Iraqi dinar has to do with economic conditions that have to be strengthened.

“The Iraqi dinar has all the reasons to grow stronger thanks to an increase in revenues and development of the economy,” Maliki said in response to some questions through the National Information Center.

“The government would not rush matters but would rather work on finding all the guarantees to render this measure a success. The Central Bank of Iraq (CBI) is currently entrusted with drawing up a study on the whole issue and would give its decision soon,” said the Iraqi premier.

The Iraqi dinar’s exchange rate is suffering from low value against foreign currencies as a result of decades of wars and economic embargo that brought the local currency’s exchange rate to the rock bottom from three dinars per dollar in the late 1970s and 1980s to 3,000 dinars per dollar after the 1990 invasion of Kuwait, followed by a 13-year crippling sanctions regime.

The exchange rate fell even more after 2003 to reach 1170 dinars per dollar due to the CBI’s policy of daily auction, in effect for more than five years now.

The policy was lambasted by several economists on the grounds that these auctions do not give the real value of the country’s local currency.

this was provably already posted, it just makes me feel better

[KnightsCharger]

You are in > Home / Baghdad, Economy, Latest News, Lead Story / PM: Iraqi dinar re-evaluation has to do with economic conditions PM: Iraqi dinar re-evaluation has to do with economic conditions
February 28, 2010 - 04:36:11
BAGHDAD / Aswat al-Iraq: Iraqi Prime Minister Nouri al-Maliki said on Sunday that the process to re-evaluate the Iraqi dinar has to do with economic conditions that have to be strengthened.

“The Iraqi dinar has all the reasons to grow stronger thanks to an increase in revenues and development of the economy,” Maliki said in response to some questions through the National Information Center.

“The government would not rush matters but would rather work on finding all the guarantees to render this measure a success. The Central Bank of Iraq (CBI) is currently entrusted with drawing up a study on the whole issue and would give its decision soon,” said the Iraqi premier.

The Iraqi dinar’s exchange rate is suffering from low value against foreign currencies as a result of decades of wars and economic embargo that brought the local currency’s exchange rate to the rock bottom from three dinars per dollar in the late 1970s and 1980s to 3,000 dinars per dollar after the 1990 invasion of Kuwait, followed by a 13-year crippling sanctions regime.

The exchange rate fell even more after 2003 to reach 1170 dinars per dollar due to the CBI’s policy of daily auction, in effect for more than five years now.

The policy was lambasted by several economists on the grounds that these auctions do not give the real value of the country’s local currency.

this was provably already posted, it just makes me feel better

Probably was posted RSFS, but I missed it. Keep posting what you find. It can do no harm. This article is the best confirmation of what Iraq is struggling with, better than any article posted the last month. You have no idea how happy I am. :happy64:
Thanks alot
KC

[JPmonopoly]

Cause the deletion of zeros from the Iraqi dinar back to the headlines once again In the newspaper we read that term sources of finance had uncovered the assurances the Iraqi Central Bank study revalue the Iraqi dinar by deleting the 3 zeros from the nominal value of the current U.S. dollar equivalent and one Iraqi dinar.
وتنقل المدى عن صحيفة الوطن الكويتية ما اكده مستشار البنك المركزي مظهر محمد صالح من ان مشروع رفع الاصفار من العملة الذي روجت له الحكومة في 2007، يطبخه البنك المركزي على نار هادئة وتوقع أن تشهد نهاية 2010 او بداية 2011 تطورا بشأن المشروع. And the movement range of al-Watan was confirmed by the appearance of the central bank adviser Muhammed Salih Al-raising project that the zeros of the currency promoted by the government in 2007, the Central Bank Itboukh on the backburner and expected to see the end of 2010 or early 2011 on the development of the project.
فيما علمت المدى ان البنك المركزي يسعى لرفع قيمة الدينار العراقي الى 1000 دينار لكل دولار اميركي، في حدود شهرحزيران المقبل، بحسب الصحيفة. As long learned that the central bank seeks to raise the value of the Iraqi dinar to 1000 dinars per U.S. dollars, within the next Chehrhuzeiran, according to the newspaper.
http://translate.google.com/translate?hl=en&sl=ar&u=http://www.iraqhurr.org/content/article/1974603.html&ei=msKPS-6xBYX-NbqmpIAN&sa=X&oi=translate&ct=result&resnum=1&ved=0CE0Q7gEwAA&prev=/search%3Fq%3D%25D8%25A7%25D9%2584%25D8%25A3%25D8%2 5B5%25D9%2581%25D8%25A7%25D8%25B1%2B%25D8%25AF%25D 9%258A%25D9%2586%25D8%25A7%25D8%25B1%2B%25D8%25B9% 25D8%25B1%25D8%25A7%25D9%2582%25D9%2589%26hl%3Den% 26lr%3D%26client%3Dfirefox-a%26sa%3DG%26tbo%3D1%26rls%3Dorg.mozilla:en-US:official%26tbs%3Dqdr:d

[KnightsCharger]

Cause the deletion of zeros from the Iraqi dinar back to the headlines once again In the newspaper we read that term sources of finance had uncovered the assurances the Iraqi Central Bank study revalue the Iraqi dinar by deleting the 3 zeros from the nominal value of the current U.S. dollar equivalent and one Iraqi dinar.
وتنقل المدى عن صحيفة الوطن الكويتية ما اكده مستشار البنك المركزي مظهر محمد صالح من ان مشروع رفع الاصفار من العملة الذي روجت له الحكومة في 2007، يطبخه البنك المركزي على نار هادئة وتوقع أن تشهد نهاية 2010 او بداية 2011 تطورا بشأن المشروع.
And the movement range of al-Watan was confirmed by the appearance of the central bank adviser Muhammed Salih Al-raising project that the zeros of the currency promoted by the government in 2007, the Central Bank Itboukh on the backburner and expected to see the end of 2010 or early 2011 on the development of the project.
فيما علمت المدى ان البنك المركزي يسعى لرفع قيمة الدينار العراقي الى 1000 دينار لكل دولار اميركي، في حدود شهرحزيران المقبل، بحسب الصحيفة.
As long learned that the central bank seeks to raise the value of the Iraqi dinar to 1000 dinars per U.S. dollars, within the next Chehrhuzeiran, according to the newspaper.
http://translate.google.com/translate?hl=en&sl=ar&u=http://www.iraqhurr.org/content/article/1974603.html&ei=msKPS-6xBYX-NbqmpIAN&sa=X&oi=translate&ct=result&resnum=1&ved=0CE0Q7gEwAA&prev=/search%3Fq%3D%25D8%25A7%25D9%2584%25D8%25A3%25D8%2 5B5%25D9%2581%25D8%25A7%25D8%25B1%2B%25D8%25AF%25D 9%258A%25D9%2586%25D8%25A7%25D8%25B1%2B%25D8%25B9% 25D8%25B1%25D8%25A7%25D9%2582%25D9%2589%26hl%3Den% 26lr%3D%26client%3Dfirefox-a%26sa%3DG%26tbo%3D1%26rls%3Dorg.mozilla:en-US:official%26tbs%3Dqdr:d

So who do we believe? An Advisor with a point of view/aganda. Or the Governer of the CBI. I'm backing Shabibi. RSFS posted an article from Feb. 28. 2010. The answer is in the text, oddly enough you know where the answer is to be found, But I can't help you guys, and believe me I really tried.

KC

[English Bob]

Quote:
Originally Posted by English Bob http://www.investorsiraq.com/images/impact/buttons/viewpost.gif (http://www.investorsiraq.com/showthread.php?p=981348#post981348)
mike032588 :handshake:

Mike sorry to burst your bubble..........they are not debt free........they start paying off any remainder in 2011...............that is why they are in a hurry (iraq does not go fast) to get the oil output up..........to cover budget shortfalls.........and start paying the debts.


I have not seen one logical artical supporting RV............

But many on the lop............and artical has just benn posted......1000-1 in June..............so the RVers have one :party: Not according to Gov. Shabibi.



KC :handshake:

How clever to point that shabs spoke .........after I wrote the post


Of course next stop..............the LOP! I don't think soooooooooooo!

There are loads and loads of articals from the CBI ...............do you really think they are playing poker..........who with ???.......it's thier currency thier economy............so they are playing themsleves.

If they were on the forex etc instead of the programe rate I could understand bogus articals..........but they are not!



Just simple logic ......if they have 50T in circ.......No they don't. and increase it 10 time where are they going to get 150T...........from. Their not, they will decrease M2 substantially. There will be a new base, but not what you and others think!!

Oh boy it was hypothetical!!

And Just in case .............you did not read the sentance
correctly............10 X 50 = 500 not 150..............funny no one including you did not notice

What I was saying if they are going to increase the value how are they going to increase the reserves to back the increase????

They have budget shortfalls poss going into 2014 and they start paying thier debts in 2011.

Please inlighten us on

"Their not, they will decrease M2 substantially. There will be a new base, but not what you and others think!!"


The CBI does not own the oil..................You got that right. and the CBI has reserves to back the NID............it is those reserves that decide what the value of the NID should be. Right again


Think of it like a stock.

You have a firm that has a turn over 10M, profit 1m what is the stock worth if they have 1m shares??


If those shares where 100 each they would be valueing the firm at 100m on only 1m proffit per year..............would you buy???


JMO

EB













Good luck with you stocks!!!

KC



Next time you shoot your gun make sure thier are some bullets in it!:giggle:

JMO


EB

[KnightsCharger]

Quote:
Originally Posted by English Bob http://www.investorsiraq.com/images/impact/buttons/viewpost.gif (http://www.investorsiraq.com/showthread.php?p=981348#post981348)
mike032588 :handshake:

Mike sorry to burst your bubble..........they are not debt free........they start paying off any remainder in 2011...............that is why they are in a hurry (iraq does not go fast) to get the oil output up..........to cover budget shortfalls.........and start paying the debts.


I have not seen one logical artical supporting RV............

But many on the lop............and artical has just benn posted......1000-1 in June..............so the RVers have one :party: Not according to Gov. Shabibi.



KC :handshake:

How clever to point that shabs spoke .........after I wrote the post


Of course next stop..............the LOP! I don't think soooooooooooo!

There are loads and loads of articals from the CBI ...............do you really think they are playing poker..........who with ???.......it's thier currency thier economy............so they are playing themsleves.

If they were on the forex etc instead of the programe rate I could understand bogus articals..........but they are not!



Just simple logic ......if they have 50T in circ.......No they don't. and increase it 10 time where are they going to get 150T...........from. Their not, they will decrease M2 substantially. There will be a new base, but not what you and others think!!

Oh boy it was hypothetical!!

And Just in case .............you did not read the sentance
correctly............10 X 50 = 500 not 150..............funny no one including you did not notice

What I was saying if they are going to increase the value how are they going to increase the reserves to back the increase????

They have budget shortfalls poss going into 2014 and they start paying thier debts in 2011.

Please inlighten us on

"Their not, they will decrease M2 substantially. There will be a new base, but not what you and others think!!"


The CBI does not own the oil..................You got that right. and the CBI has reserves to back the NID............it is those reserves that decide what the value of the NID should be. Right again


Think of it like a stock.

You have a firm that has a turn over 10M, profit 1m what is the stock worth if they have 1m shares??


If those shares where 100 each they would be valueing the firm at 100m on only 1m proffit per year..............would you buy???


JMO

EB






















Next time you shoot your gun make sure thier are some bullets in it!:giggle:

JMO


EB


Hello EB!
No attempt to discredit you, my timing has been off in the past as well. But I did post weeks ago that I expected a statement from Gov. Shabibi, he is staying the course with good reason. But facts are facts and he says he will not devalue the currency further by moving it to 1000/1.

I know you are an ISX investor and that's OK! Learn as much about the companies you own as you can. There is going to be a wave of sell orders before the end of 2010. IMO! Investors are going to want to trap as much profit as they can. So I really mean it "Good Luck" and that is not sarcasm. I don't want to see anyone hurt.

KC :handshake:

[English Bob]

Good luck with you stocks!!!

KC


Hello EB!
No attempt to discredit you, my timing has been off in the past as well. But I did post weeks ago that I expected a statement from Gov. Shabibi, he is staying the course with good reason. But facts are facts and he says he will not devalue the currency further by moving it to 1000/1.

I know you are an ISX investor and that's OK! Learn as much about the companies you own as you can. There is going to be a wave of sell orders before the end of 2010. IMO! Investors are going to want to trap as much profit as they can. So I really mean it "Good Luck" and that is not sarcasm. I don't want to see anyone hurt.

KC :handshake:


KC :handshake:

You are wrong...........timing off again :giggle:



..........I am not an ISX investor..........I am waiting before I get in...........not been good lately.........down..........just moved up again.

To me danger in buying stocks in companies that I know nothing about.

warren buffet says buy stocks you understand............I know it's frontier stuff at the moment and there are a couple I would like to have a go at but............

Was thinking of putting the interest gained.........into stocks not a major loss (who am I kidding Lol) ....................Just feel the timming is not right........may go in later just does not seem right at the moment.........my gut feeling ...........I am happy with the interest for now.

JMO

EB

[KnightsCharger]

KC :handshake:

You are wrong...........timing off again :giggle:



..........I am not an ISX investor..........I am waiting before I get in...........not been good lately.........down..........just moved up again.

To me danger in buying stocks in companies that I know nothing about.

warren buffet says buy stocks you understand............I know it's frontier stuff at the moment and there are a couple I would like to have a go at but............

Was thinking of putting the interest gained.........into stocks not a major loss (who am I kidding Lol) ....................Just feel the timming is not right........may go in later just does not seem right at the moment.........my gut feeling ...........I am happy with the interest for now.

JMO

EB

Sorry, My mistake. I guess where you stated "Think of it as a stock" I jumped to conclusions. Let me add, as you are Warka account holder (electronic currency) your gonna be just fine!

KC

[KnightsCharger]

From RSFS post;

The exchange rate fell even more after 2003 to reach 1170 dinars per dollar due to the CBI’s policy of daily auction, in effect for more than five years now.

From JPmonoplies post;

As long learned that the central bank seeks to raise the value of the Iraqi dinar to 1000 dinars per U.S. dollars, within the next Chehrhuzeiran, according to the newspaper.

And we're confused! :bigsmile:

KC

[KnightsCharger]

Ok,so what does all this mean to us

Decormier;

Read the red highlighted sentences in my previous post, read it very, very carefully.

KC

[KnightsCharger]

haha so nothing at all has changed and probably wont in the future

LOL! Ya missed it, your a weird guy man :tongueout:. A ton of things have changed, just not so much "value" wise over the previous year.

KC

[john1]

I have been here since May 08. A lot has changed even in rhetoric. They have changed the website, news releases, comments in the presence of media, But the pips have NOT moved for quite some time. I don't even remember when it got to 1170.
IMO it will change more soon. I hope!!!!

[EBJNYC]

And the other way around... Lopsters and RVERS ARE LIke democrats and republicans they will never agree nor listen to the other side... There have been many LOGICAL articles supporting an RV.. and a lop.. but everyone forgets that this is iraq were talking about here... a debt free country with all the resources in the middle east... but id like to see what tav has to say about this...

was this article edited? where is its creditability?

Mike - How about this website -- I don't think its "edit your own" -- arab -- but NOT "burger king" DIY articles.

Reference to "revalue" is in para 5 or 6.


http://translate.google.com/translate?js=y&prev=_t&hl=en&ie=UTF-8&layout=1&eotf=1&u=http%3A%2F%2Fwww.iraqhurr.org%2Fcontent%2Farticl e%2F1974603.html&sl=ar&tl=en

Al Baghdadi: Central Bank of cooking the project of raising the zeroes of the dinar on the backburner


04.03.2010 04/03/2010

محمد قادر (http://translate.googleusercontent.com/translate_c?hl=en&ie=UTF-8&sl=ar&tl=en&u=http://www.iraqhurr.org/author/20805.html&prev=_t&rurl=translate.google.com&usg=ALkJrhjQjkTKT1-sDJgVM_sD3m_2-T6qZQ) Mohamed Kader (http://translate.googleusercontent.com/translate_c?hl=en&ie=UTF-8&sl=ar&tl=en&u=http://www.iraqhurr.org/author/20805.html&prev=_t&rurl=translate.google.com&usg=ALkJrhjQjkTKT1-sDJgVM_sD3m_2-T6qZQ)

صحف يوم الخميس الصادرة من بغداد اشارت الى بدء المرحلة الاولى من الانتخابات المتمثلة بعملية التصويت الخاص الذي يشمل منتسبي الجيش وقوى الامن الداخلي اضافة الى نزلاء السجون والعاملين والراقدين في المستشفيات..الصحف التي تواصلت بعضها مع قرائها عبر نسخها الالكترونية وليس الورقية، تابعت الملف الانتخابي، فنشرت الصباح الصحيفة الصادرة عن شبكة الاعلام العراقي ما اكدته وزارة الداخلية من وقوفها على مسافة واحدة من جميع الكتل السياسية، كما أن الخطة التي وضعتها اللجنة العليا للانتخابات قد دخلت حيز التنفيذ. Thursday's newspapers issued from Baghdad indicated to start the first stage of the election of the voting process of which includes members of the army and internal security forces as well as prison inmates, staff and admitted to the hospital .. some newspapers, which continued with its readers through the electronic copy, not paper, I followed the election campaign, Sabah published a paper issued by the Iraqi Media Network was confirmed by the Ministry of Interior and parked at the same distance from all political blocs, and the plan developed by the Supreme Commission for Elections has entered into force.

فيما اُعلن عن ادخال طائرات صغيرة مسيرة الى الخدمة لتأمين الانتخابات التشريعية. As announced the introduction of small aircraft to march to the service to secure the legislative elections.
واوضح بيان صادر عن القوات الاميركية فرع الجنوب ان نظام السيطرة والمراقبة سيستخدم في الانتخابات بشكل واسع بعد تدريب جنود عراقيين عليه، مؤكداً البيان استمرار دعم القوات الاميركية لنظيرتها العراقية في الحفاظ على أمن البلد. A statement issued by the Southern Branch of U.S. forces, the control system and control will be used in elections widely after training by Iraqi soldiers, saying the statement continued support of U.S. troops to their Iraqi counterparts in maintaining the security of the country.

صادق الازرقي يشير في عمود له بجريدة الصباح الجديد الى عمليات التزوير التي ألقت بظلالها على الانتخابات السابقة والتي طالت بمخاطرها ما يسمى بـ(الأحزاب الصغيرة) لمصلحة (الأحزاب الكبيرة) .. Sadiq Azraqi points in a column in the newspaper Al-Sabah to the new fraud that has cast a shadow over previous elections and their risks, which affected the so-called (small parties) in favor of (the major parties) ..
وهنا يقول الارزقي بان المواطن العراقي أحوج ما يكون الآن الى التخلص من سلبيات العمليات الانتخابية السابقة التي أدت الى تكوين مجلس نواب غير فاعل وحكومة لا تستطيع حتى محاسبة وإقالة وزير فاسد ما أدى الى الفشل الواضح في تلبية مطالب الناس وحاجاتهم، على حد تعبير الكاتب. Alarozki here and say that the Iraqi citizens when they need now is to get rid of the downsides of the previous electoral processes that led to the formation of a dysfunctional Congress and the Government can not even hold the Minister and the dismissal of corrupt which led to the apparent failure to meet the demands of the people and needs, in the words of the writer.

قضية حذف الاصفار من الدينار العراقي تعود الى عناوين الصحف مرة اخرى ففي صحيفة المدى نقرأ ان مصادر مالية قد كشفت تأكيدات البنك المركزي العراقي بدراسة رفع قيمة الدينار العراقي عن طريق حذف 3 اصفار من قيمته الاسمية الحالية، ومعادلة الدولار الأميركي بدينار عراقي واحد. Cause the deletion of zeros from the Iraqi dinar back to the headlines once again In the newspaper we read that term sources of finance had uncovered the assurances the Iraqi Central Bank study revalue the Iraqi dinar by deleting the 3 zeros from the nominal value of the current U.S. dollar equivalent and one Iraqi dinar.
وتنقل المدى عن صحيفة الوطن الكويتية ما اكده مستشار البنك المركزي مظهر محمد صالح من ان مشروع رفع الاصفار من العملة الذي روجت له الحكومة في 2007، يطبخه البنك المركزي على نار هادئة وتوقع أن تشهد نهاية 2010 او بداية 2011 تطورا بشأن المشروع. And the movement range of al-Watan was confirmed by the appearance of the central bank adviser Muhammed Salih Al-raising project that the zeros of the currency promoted by the government in 2007, the Central Bank Itboukh on the backburner and expected to see the end of 2010 or early 2011 on the development of the project.
فيما علمت المدى ان البنك المركزي يسعى لرفع قيمة الدينار العراقي الى 1000 دينار لكل دولار اميركي، في حدود شهرحزيران المقبل، بحسب الصحيفة. As long learned that the central bank seeks to raise the value of the Iraqi dinar to 1000 dinars per U.S. dollars, within the next Chehrhuzeiran, according to the newspaper

[JPmonopoly]

revalue the Iraqi dinar by deleting the 3 zeros
revalue is sometimes used when talking about a redenomination

[EatAtJoes]

Mike - How about this website -- I don't think its "edit your own" -- arab -- but NOT "burger king" DIY articles.

Reference to "revalue" is in para 5 or 6.


http://translate.google.com/translate?js=y&prev=_t&hl=en&ie=UTF-8&layout=1&eotf=1&u=http%3A%2F%2Fwww.iraqhurr.org%2Fcontent%2Farticl e%2F1974603.html&sl=ar&tl=en

Al Baghdadi: Central Bank of cooking the project of raising the zeroes of the dinar on the backburner


04.03.2010
04/03/2010


محمد قادر (http://translate.googleusercontent.com/translate_c?hl=en&ie=UTF-8&sl=ar&tl=en&u=http://www.iraqhurr.org/author/20805.html&prev=_t&rurl=translate.google.com&usg=ALkJrhjQjkTKT1-sDJgVM_sD3m_2-T6qZQ)




Hopefully soon it will be on the frontburner.

[EBJNYC]

revalue is sometimes used when talking about a redenomination

OMG -- Not the great "JPmonopoly" (textbook ted or literal larry) -- playin' "SEMANTICS". Sorry can't have it BOTH ways. I must be dreamin' -- LOL !!!!:giggle:

[usakidd]

Iraqi Dinar Revaluation and New Denominations


News Type: Event — Sat Feb 27, 2010 1:14 PM EST

world-news (http://www.newsvine.com/world-news), iraq (http://www.newsvine.com/iraq), war (http://www.newsvine.com/war), money (http://www.newsvine.com/money), oil (http://www.newsvine.com/oil), finance (http://www.newsvine.com/finance), investing (http://www.newsvine.com/investing), gold (http://www.newsvine.com/gold), forex (http://www.newsvine.com/forex), investments (http://www.newsvine.com/investments), stock-exchange (http://www.newsvine.com/stock-exchange), iraqi-dinar (http://www.newsvine.com/iraqi-dinar), new-denominations (http://www.newsvine.com/new-denominations), revaluations (http://www.newsvine.com/revaluations)
Ezonez (http://ezonez.newsvine.com/)

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Recently there has been many discussions about the current news in Iraq in regards to the increase of its currency value and the introduction of new denominations into the Iraqi economy that is scheduled to be brought into action sometime during 2010. The Iraq Finance Minister issued a statement disclosing preparation of increasing the value of the Dinar against the U.S. Dollar and will in fact issue ¼, 1/2, 1, 5, 10, 25 and possibly even 1/10 or 1/20 Dinar banknotes and/or coins. Also claims have been reported that favorable fiscal policies sought after in Iraq have contributed to the increase of the value of the Dinar against the U.S. Dollar, pointing out that the Dollar had dropped a great deal in value just over the past year and yet in another press release it has been said that the bank is indeed with great attention keeping track of the low demand of the U.S. Dollar in the Iraq markets of currency exchange.

http://ezonez.newsvine.com/_news/2010/02/27/3958215-iraqi-dinar-revaluation-and-new-denominations


My dinar investment has been on a somewhat decent ride so far since 2004. The dinar has a slow steady rise in value since I've been in it. It goes up a little, then plateaus, then it goes up some more, and then plateaus. It's been in a very long plateau this past year. I've made more money playing the state lottery (http://dailylotterynumber.com/) than I have made in my dinar investment.

Anyway, thanks TAV for your recent news find. Things might be finally looking up.

[TAV]

my dinar investment has been on a somewhat decent ride so far since 2004. The dinar has a slow steady rise in value since i've been in it. It goes up a little, then plateaus, then it goes up some more, and then plateaus. It's been in a very long plateau this past year. I've made more money playing the state lottery (http://dailylotterynumber.com/) than i have made in my dinar investment.

Anyway, thanks tav for your recent news find. Things might be finally looking up.


usakidd, all the indicators says they are looking up!! We all must stand vigilant, Iraq owes alot, It's been the motto of many that "The cost of sacrifice is great because freedom just isn't free"!!!

It's going to happen!!!!

[English Bob]

usakidd, all the indicators says they are looking up!! We all must stand vigilant, Iraq owes alot, It's been the motto of many that "The cost of sacrifice is great because freedom just isn't free"!!!

It's going to happen!!!!




TAV :handshake:

Iraq may owe alot...........but I cannot see how they are going to rapay with ...............an NID RV...........just not going to happen!

Now it maybe repaid with all the other surrounding nations seeing how good Iraq is in 10-15 years and wish to be a democracy too...........


US invaded Iraq.................

If you go into a bar and ask for a drink you pay..........

If the bar owner asks you in for a drink............he pays..........


Get my drift................the US has a bigger outlook for being tied with Iraq ..........than an RV

Of course all JMO

EB

[lisa k]

Mornin EB...Sure do hope something happens...ANYTHING BUT 1170....SOON.

[English Bob]

Mornin EB...Sure do hope something happens...ANYTHING BUT 1170....SOON.


lisa k

Good Morning

The next thing to happen is the lop......................


Why would shabs RV the NID that would then tie his hads fighting inflation going forward after RV...........thier economy is going to expload and have very high growth................he will need all the tools in the box to fight inflation including steady increase in value..........

JMO

EB

[EBJNYC]

...........thier economy is going to expload and have very high growth

EB

All the more reason NOT to lop. The dinar will have EXPONENTIAL upside and HIGH DEMAND with NO lop. Besides the Rothschilds who installed the dinar and control the CBI (at least for now) will NOT go for a "wimpy" lop -- NO WAY Jose. The Rothschilds stand to make MEGA PROFITS more with a RV or GA (Gradual Appreciation) as opposed to cutting out SMALL TIME speculators with a "paltry" lop. We're just going along for the "Rothschild Ride" !!:muscle:

[English Bob]

All the more reason NOT to lop. The dinar will have EXPONENTIAL upside and HIGH DEMAND with NO lop. Besides the Rothschilds who installed the dinar and control the CBI (at least for now) will NOT go for a "wimpy" lop -- NO WAY Jose. The Rothschilds stand to make MEGA PROFITS more with a RV or GA (Gradual Appreciation) as opposed to cutting out SMALL TIME speculators with a "paltry" lop. We're just going along for the "Rothschild Ride" !!:muscle:



I agree..somewhat

As the CBI has stated thier intention.........I believe them over you!!

Well you keeped saying once all the oil deals sighned.............and nothinh happend...........No you are ignoring what they are saying.....The Rothchilds may have started it..........so you are saying they would not like to reprint cut out ...........outside speculators and make a good 10-15% gain???

I think before you keep quoting the Rothchilds you need proof that

One they own the CBI or part of it
and how they proffit from it...............because the assets and liabilaties are the CBI responsibility..........not the Rothchilds...........

You jump on any train that seems to take your fancy.........especially when the last one took you no where:giggle:

JMO

EB

[EBJNYC]

EB -- Too many sources sayin the same thing. These are just a few below. I've always maintained my "Rothschild" position -- and still do.

1- Who Are The Rothschilds? - Video

2- http://bushstole04.com/monetarysystem/rothschild_bank.htm

3- http://www.analysis-news.com/allfolder/Understanding-V.htm

4- http://www.analysis-news.com/allfolder/Understanding-VI.htm

Regarding oil contracts - I never stated "INSTANTLY" -- please "OVER TIME" results will be seen --contracts just signed -- NEW yet !!

[sytrf]

Didn't i read here last year that the Rothchild's bought all the Iraqi bonds? I'm not dumping my dinar's (i only spent what i would have spent on the Brown's games last year ,and that was a sure loss of money and time)but it's so easy for even an idiot like me to see, that when they lop the zero's the dinar will rv at .85 ! But my 1,000,000 dinars becomes 1,ooo !!! boo hoo , it was worth a modest risk and i"ll wait and see what happens.

[English Bob]

EB -- Too many sources sayin the same thing. These are just a few below. I've always maintained my "Rothschild" position -- and still do.

1- Who Are The Rothschilds? - Video (http://www.metacafe.com/watch/548144/who_are_the_rothschilds/)
2- http://bushstole04.com/monetarysystem/rothschild_bank.htm
3- http://www.analysis-news.com/allfolder/Understanding-V.htm
4- http://www.analysis-news.com/allfolder/Understanding-VI.htm

Regarding oil contracts - I never stated "INSTANTLY" -- please "OVER TIME" results will be seen --contracts just signed -- NEW yet !!


Follow the sources........:yelrotflmao: :yelrotflmao: :yelrotflmao::eek:

I have no mind of my own! :lipssealed:


I think at the moment the rothchilds are worrying about thier holdings in an other currency.........that keeps falling..............


As for instantly

The Iraq NID has all ready RV'd from 4000.........1170 over a long period of time.

Next when they lop to 1.17.................and start increasing from thier over a long period of time.


Another one for you......................do the Rothchilds play the short middle and long game................if so Iraq is a long game.............if it was a short game ie RV..............would have been done along time ago..........

JMO

EB

[EBJNYC]

Didn't i read here last year that the Rothchild's bought all the Iraqi bonds?

Maybe you read here -- BELOW LINK -- scroll to the "IRAQI CASE".

http://www.analysis-news.com/allfolder/Understanding-VI.htm

[EBJNYC]

Follow the sources........:yelrotflmao: :yelrotflmao: :yelrotflmao::eek:

I have no mind of my own! :lipssealed:


I think at the moment the rothchilds are worrying about thier holdings in an other currency.........that keeps falling..............

JMO

EB

EB -- Remember when the world was FLAT? Of course you do -- I bet you were behind that too -- LOL !!!:handshake:

[BILLYG]

Follow the sources........:yelrotflmao: :yelrotflmao: :yelrotflmao::eek:

I have no mind of my own! :lipssealed:


I think at the moment the rothchilds are worrying about thier holdings in an other currency.........that keeps falling..............


As for instantly

The Iraq NID has all ready RV'd from 4000.........1170 over a long period of time.

Next when they lop to 1.17.................and start increasing from thier over a long period of time.


Another one for you......................do the Rothchilds play the short middle and long game................if so Iraq is a long game.............if it was a short game ie RV..............would have been done along time ago..........

JMO

EB
Good morning EB!!! :hi: Stop making so much cent$, or is that Dollar$??? Hard to tell the 2 apart these days!!:giggle: Right on about the Rothchilds my friend.

[sytrf]

thanks EBJNYC ! I didn't join until jan. 2010 , but have mainly been getting my info from you guys(and gals) for over a year,this is the best site hands down, i'll check those out, thanks agin!

[EBJNYC]

Follow the sources........:yelrotflmao: :yelrotflmao: :yelrotflmao::eek:

I Another one for you......................do the Rothchilds play the short middle and long game................if so Iraq is a long game.............if it was a short game ie RV..............would have been done along time ago..........

JMO

EB


The Rothschilds control the media worldwide -- you will NEVER read any data about them in "Mainstream" -- MOSTLY "underground".

The RV is a "long game" -- the Rothschilds have "LONG PATIENCE"...after all they have "LONG MONEY" !! :biggrin::biggrin:

[English Bob]

Good morning EB!!! :hi: Stop making so much cent$, or is that Dollar$??? Hard to tell the 2 apart these days!!:giggle: Right on about the Rothchilds my friend.


GM BG :handshake:

Hope all good with you?

EB

[English Bob]

The Rothschilds control the media worldwide -- you will NEVER read any data about them in "Mainstream" -- MOSTLY "underground".

The RV is a "long game" -- the Rothschilds have "LONG PATIENCE"...after all they have "LONG MONEY" !! :biggrin::biggrin:



You miss the point........they have had thier RV 4000-1170

There next will be from when they lop to whatever it gets to in many years time

they do not need an instant increase in capital like You............they make buckets all the time so a constant increase is thier game

JMO

EB

[EBJNYC]

You miss the point........they have had thier RV 4000-1170



EB

Sorry bud -- on the contrary -- you missed the point. The Rothschilds think MUCH BIGGER than 2830 pip profit.:giggle:

[English Bob]

Sorry bud -- on the contrary -- you missed the point. The Rothschilds think MUCH BIGGER than 2830 pips.:giggle:


I think not ...............you must have a young wam bam brain............they are for constant high returns.................not one off's


Geeeeeeeeeees :sleepy: :sleepy:

[EBJNYC]

I think not ...............you must have a young wam bam brain............they are for constant high returns.................not one off's


Geeeeeeeeeees :sleepy: :sleepy:

I think they'll take BOTH. Not just your "one off" 4000-1170 pip example.:biggrin:

[English Bob]

I think they'll take BOTH. Not just your "one off" 4000-1170 pip example.:biggrin:


Your not getting it

They cannot have both

4000-1170.then lop then 1.17---------what ever

If they went to $3.20 straight tell me how shabs is going to fight inflation over the next 10-15 years when thier economy is going to expload????

[EBJNYC]

Your not getting it

They cannot have both

4000-1170.then lop then 1.17---------what ever

If they went to $3.20 straight tell me how shabs is going to fight inflation over the next 10-15 years when thier economy is going to expload????

EB -- they can have BOTH -- the gradual appreciation (4000-1170=2830 pips) which has ALREADY taken place -- and now RV to .85 or 1.00 (not 3.20 -- I never believed that) and grow from there (.85) with the economy.

[English Bob]

EB -- they can have BOTH -- the gradual appreciation (4000-1170=2830 pips) which has ALREADY taken place -- and now RV to .85 or 1.00 (not 3.20 -- I never believed that) and grow from there (.85) with the economy.

From an SE post

Yes, as of the end of Jan/2010 the dinar assets were 43.8128 bilion dollars in Foreign Exchange and what has been stated by the CBI on several ocassions. The dinar liablities or total money supply including excess reserves was 51,261 billion dinar. 51,261 billion dinar liabilities divided by 43.8128 billion dollars yields a rate of of 1170. In order to increase the value of the dinar liabilities 100% at that rate would require a additional 43.8128 billion dollars.

However its not possible to increase the Assets 100% and have the dinar liabilities yeild the same rate as that is faulty mathematical reasoning. If you do not increase the dinar liablities and increase the assets you would have a new rate of 51,261 billion dinar liabilities divided by 87.6256 billion dollars of assets and a new rate of 585. A RV of 1000 would require 43,812.8 billion dollars.

That would require 10 million barrels of oil produced every year at a $100 a barrel for the next 120 years.


to go from 1170.........to 585 would cost 43.8128 billion dollars.

prey tell me where is the money comming from..................????

EB

[EBJNYC]

From an SE post

Yes, as of the end of Jan/2010 the dinar assets were 43.8128 bilion dollars in Foreign Exchange and what has been stated by the CBI on several ocassions. The dinar liablities or total money supply including excess reserves was 51,261 billion dinar. 51,261 billion dinar liabilities divided by 43.8128 billion dollars yields a rate of of 1170. In order to increase the value of the dinar liabilities 100% at that rate would require a additional 43.8128 billion dollars.

EB

Wow -- your calculations are brilliant -- oops sorry SE post. Can we be sure that the CBI is providing 100% facts to the public?

[435613422]

Didn't i read here last year that the Rothchild's bought all the Iraqi bonds? I'm not dumping my dinar's (i only spent what i would have spent on the Brown's games last year ,and that was a sure loss of money and time)but it's so easy for even an idiot like me to see, that when they lop the zero's the dinar will rv at .85 ! But my 1,000,000 dinars becomes 1,ooo !!! boo hoo , it was worth a modest risk and i"ll wait and see what happens.


If they brought the bonds, then they are banking right now from the interests.

[TAV]

伊拉克第納爾升值和新教派


最近有許多討論有關的最新消息，在伊拉克的問候增加其貨幣價值和引進新教派把伊拉克的經濟計劃 將其帶進 2010年的某個時間採取行動。伊拉克財政部長發表聲明，透露準備增加價值第納爾對美元將實際上，問題 ¼，1 / 2，1，5，10，25，甚至可能還有 1 / 10或1 / 20第納爾鈔票和/或硬幣。還聲稱已報告說，有利的財政政策，尋求在伊拉克之後做出貢獻的增加價值的第納爾對美元，並指出，美 元下跌了大量的價值不僅在過去一年，但在另一新聞稿有人說，該行的確是十分注意時局的需求低了美元在伊拉克 市場上的匯率。

By: Ezonez LLC

http://ezonez.newsvine.com/_news/2010/03/12/4013138-


*TRANSLATION*


Iraqi dinar appreciation and a new religious sect


Recently, many discussions about the latest news, in regards to Iraq, to increase their monetary value and the introduction of new sects to Iraq's economic plan to be brought into the year 2010 a time to take action. Iraqi Minister of Finance issued a statement, disclosed that is intended to increase the value of the dinar against the U.S. In fact, the issue of ¼, 1 / 2,1,5,10,25, and possibly even 1 / 10 or 1 / 20 dinar banknotes and / or coins. Also claims to have reported that a favorable fiscal policy, seeking to contribute to Iraq after the increase in value of the dinar against the U.S. dollar, and pointed out that a lot of the value of the dollar not only in the past year, but in another press release was said that the bank is indeed a great attention to the needs of the current situation in Iraq, the low dollar exchange rate on the market.

[TAV]

伊拉克第納爾
Newsvine 伊拉克第納爾升值和新教派 (http://www.google.com/url?sa=X&q=http://www.newsvine.com/_news/2010/03/12/4013138-&ct=ga&cd=mHgLOTLy9go&usg=AFQjCNEpWyGeetV9F_6saRRxU-H44FbqEQ)
伊拉克第納爾升值和新教派. News Type Event Fri Mar 12 2010 1012 PM EST ... 計劃將其帶進2010年的某個時間採取行動伊拉克財政部長發表聲明透露準備增加價值第納爾對 ...

[patrolldogg]

i think maliki's statements made today says it all......we are looking good. i do not see a lop-i do see a revaluation with the lower currencies coming out to support a higher rate.....im always right-its what i get paid to be.......


NOW that's funny!! and I hope you are sir

[patrolldogg]

Well the article from dinar bankers sounds good.but again it doesnt really say.what and when what will happen.still no clear answer about exchanging or if we canm in the usa all it says they will release smaller drnoms the end of the year and thats about it still no facts all speculation.the best thing is we all should buy chinas currency thats the currency that will make a big move soon anyone know where to buy the yuan besides ebay


Chase sells Yuan

[TerryTate]

Wow -- your calculations are brilliant -- oops sorry SE post. Can we be sure that the CBI is providing 100% facts to the public?

Yes, absolutely 100%.

At least that's what SE tells me.

Of course, then there is always stuff like this:


Japan Acknowledges Kept Secret Deposit With The Fed (http://www.nasdaq.com/aspx/stock-market-news-story.aspx?storyid=201003120734dowjonesdjonline000 436)

By Yuka Hayashi, Of THE WALL STREET JOURNAL

TOKYO -(Dow Jones)- The Japanese government's probe into a confidential post- war agreements with the U.S. not only confirmed the existence of a secret deposit that Japan kept with the Federal Reserve for nearly three decades, but also uncovered Tokyo's lax management of information related to its foreign reserves.

Japanese Finance Minister Naoto Kan said Friday the ministry's recent investigation into a 1969 bilateral accord confirmed that the financial settlement Japan made with the U.S. to end its occupation of Okinawa was larger and more complex than previously acknowledged and included a secret non-interest deposit the government and the Bank of Japan kept at the Federal Reserve Bank of New York.

The deposit totaled $103 million during much of its life before the two nations agreed to lower it to an unsubstantial sum of $3 million in 1999. The deposit was counted as part of Japan's official foreign reserves and consisted of dollars the Japanese government received from the Okinawans in exchange for yen in 1972 when the U.S. ended its post-war occupation of the southern Japanese island.

The non-interest deposit amounted to a de-facto financial payment, as the U.S. was free to manage the money to generate returns. U.S. embassy press officers couldn't be reached for comment.

MORE HERE===>http://www.investorsiraq.com/showthread.php?p=985626#post985626


But I'm sure that was all just a misunderstanding.

I'm sure nothing strange was going on, which is why they waited 30 years to reveal it.

I'm sure we will probably eventually see that there are some simple things we are currently misunderstanding with regard to Iraq, and that they will correct our misunderstanding when their time is right.....

You know, kinda like how all of Obama's nominees were able to correct the "mistakes" in their past tax returns. Whereas we would go to jail/economic penalty land for similar mistakes.

I've heard about these parallel realities, but seeing them is kinda strange...

:wink:

[itmakescents]

Omitting zeros currency strategic project – CBI
March 15, 2010 - 10:51:36

BAGHDAD / Aswat al-Iraq: Omitting zeros from Iraqi currency is a strategic project that has been implemented by Iraqi currency policy since 2007, Central Bank of Iraq (CBI) said on Monday.

“The project came after deep studies and discussions,” the CBI said in a release received by Aswat al-Iraq news agency.
It said that the process aims at redesign and reform Iraqi currency system relying on public and security circumstances.
“The project will not affect the state’s commitments,” the statement said

http://en.aswataliraq.info/?p=128562

Mmmmm!?! first time they printed something like this, have they really been taking large notes off the street?-if they have their money supply numbers sure don't reflect it from the BS chart the CBI has on the web site.
OR is it just another way for them to say they been him an hawing about the zero thing since 2007- but it does say "has been implemented since 2007"

Anyone?
go dinar

[joseph soh]

CBI have been peg at 1170 over a year now. Noboby know how much dinar they took back.so it very difficult to say rv .01,0.10 or $1.

[mikey7777]

I think 10 cents would be the most likely. JMO

[Howler]

伊拉克第納爾升值和新教派


最近有許多討論有關的最新消息，在伊拉克的問候增加其貨幣價值和引進新教派把伊拉克的經濟計劃 將其帶進 2010年的某個時間採取行動。伊拉克財政部長發表聲明，透露準備增加價值第納爾對美元將實際上，問題 ¼，1 / 2，1，5，10，25，甚至可能還有 1 / 10或1 / 20第納爾鈔票和/或硬幣。還聲稱已報告說，有利的財政政策，尋求在伊拉克之後做出貢獻的增加價值的第納爾對美元，並指出，美 元下跌了大量的價值不僅在過去一年，但在另一新聞稿有人說，該行的確是十分注意時局的需求低了美元在伊拉克 市場上的匯率。

By: Ezonez LLC

http://ezonez.newsvine.com/_news/2010/03/12/4013138-


*TRANSLATION*


Iraqi dinar appreciation and a new religious sect


Recently, many discussions about the latest news, in regards to Iraq, to increase their monetary value and the introduction of new sects to Iraq's economic plan to be brought into the year 2010 a time to take action. Iraqi Minister of Finance issued a statement, disclosed that is intended to increase the value of the dinar against the U.S. In fact, the issue of ¼, 1 / 2,1,5,10,25, and possibly even 1 / 10 or 1 / 20 dinar banknotes and / or coins. Also claims to have reported that a favorable fiscal policy, seeking to contribute to Iraq after the increase in value of the dinar against the U.S. dollar, and pointed out that a lot of the value of the dollar not only in the past year, but in another press release was said that the bank is indeed a great attention to the needs of the current situation in Iraq, the low dollar exchange rate on the market.


wow, you really dig deep.
Kudos!:yes:

[lisa k]

Keep up the good work Tav....Whats your honest...Humble...Opinion???Where we going and when??

[rukka]

lets kip holding on till the end, though it tarries it will not tarry.

[itmakescents]

Pretty much lays it out right there, although from a blog....

March 30th 2010

It’s generally accepted internationally that the elections in Iraq were, in the main, free and fair, but former prime minister Ayad Allawi’s narrow margin of victory means the results will be challenged.

Prime Minister Nouri al- Maliki’s Shiite Muslim State of Law alliance filed a complaint on Tuesday with the Supreme Court, asking for a recount in several areas. When the dust settles, the Sadrist Iraqi National Alliance (INA) could be the kingmaker, having secured a strong third place.

Meanwhile, plans to re-base the Iraqi currency, the dinar, appear to be going ahead, but the exact timing of the change is still to be decided. The new dinar will be worth one thousand times the old one, which will help facilitate trade and foreign exchange, but will be otherwise neutral in terms of valuation.

While the local currency has gained in value in recent years, the planned increase in petroleum production, and the expected boom that this will create in the domestic economy, have led many to speculate that the dinar will continue to strengthen.

The dinar is already becoming more acceptable and credible as a means of exchange; mobile phone operator Asiacell just announced that it will change its tariffs and billing from dollars to dinars. And as AAIB’s Rob Edwards reports, his company will write insurance policies in either currency.

Where do you think the dinar is headed? We’d welcome your opinions in the comments section below.

http://www.iraq-businessnews.com/?p=1979

[TAV]

wow, you really dig deep.
Kudos!:yes:



YouTube- Green Lantern - the movie

[Bubblincrude]

I wonder how much dinar will flood the system if a straight lop occurs? If a straight lop occurs Iraq will be fllooded with worthless (1000-1?) paper... wonder what that would do to their economy? Not good im sure.... Im just hoping the 50 trillion in circulation number is off by about 49.999.99 trillion... time will tell, or maybe not?

[brownjrrobertd]

Mike - How about this website -- I don't think its "edit your own" -- arab -- but NOT "burger king" DIY articles.

Reference to "revalue" is in para 5 or 6.


http://translate.google.com/translate?js=y&prev=_t&hl=en&ie=UTF-8&layout=1&eotf=1&u=http%3A%2F%2Fwww.iraqhurr.org%2Fcontent%2Farticl e%2F1974603.html&sl=ar&tl=en

Al Baghdadi: Central Bank of cooking the project of raising the zeroes of the dinar on the backburner


04.03.2010
04/03/2010


محمد قادر (http://translate.googleusercontent.com/translate_c?hl=en&ie=UTF-8&sl=ar&tl=en&u=http://www.iraqhurr.org/author/20805.html&prev=_t&rurl=translate.google.com&usg=ALkJrhjQjkTKT1-sDJgVM_sD3m_2-T6qZQ)
Mohamed Kader (http://translate.googleusercontent.com/translate_c?hl=en&ie=UTF-8&sl=ar&tl=en&u=http://www.iraqhurr.org/author/20805.html&prev=_t&rurl=translate.google.com&usg=ALkJrhjQjkTKT1-sDJgVM_sD3m_2-T6qZQ)


صحف يوم الخميس الصادرة من بغداد اشارت الى بدء المرحلة الاولى من الانتخابات المتمثلة بعملية التصويت الخاص الذي يشمل منتسبي الجيش وقوى الامن الداخلي اضافة الى نزلاء السجون والعاملين والراقدين في المستشفيات..الصحف التي تواصلت بعضها مع قرائها عبر نسخها الالكترونية وليس الورقية، تابعت الملف الانتخابي، فنشرت الصباح الصحيفة الصادرة عن شبكة الاعلام العراقي ما اكدته وزارة الداخلية من وقوفها على مسافة واحدة من جميع الكتل السياسية، كما أن الخطة التي وضعتها اللجنة العليا للانتخابات قد دخلت حيز التنفيذ.
Thursday's newspapers issued from Baghdad indicated to start the first stage of the election of the voting process of which includes members of the army and internal security forces as well as prison inmates, staff and admitted to the hospital .. some newspapers, which continued with its readers through the electronic copy, not paper, I followed the election campaign, Sabah published a paper issued by the Iraqi Media Network was confirmed by the Ministry of Interior and parked at the same distance from all political blocs, and the plan developed by the Supreme Commission for Elections has entered into force.


فيما اُعلن عن ادخال طائرات صغيرة مسيرة الى الخدمة لتأمين الانتخابات التشريعية.
As announced the introduction of small aircraft to march to the service to secure the legislative elections.
واوضح بيان صادر عن القوات الاميركية فرع الجنوب ان نظام السيطرة والمراقبة سيستخدم في الانتخابات بشكل واسع بعد تدريب جنود عراقيين عليه، مؤكداً البيان استمرار دعم القوات الاميركية لنظيرتها العراقية في الحفاظ على أمن البلد.
A statement issued by the Southern Branch of U.S. forces, the control system and control will be used in elections widely after training by Iraqi soldiers, saying the statement continued support of U.S. troops to their Iraqi counterparts in maintaining the security of the country.


صادق الازرقي يشير في عمود له بجريدة الصباح الجديد الى عمليات التزوير التي ألقت بظلالها على الانتخابات السابقة والتي طالت بمخاطرها ما يسمى بـ(الأحزاب الصغيرة) لمصلحة (الأحزاب الكبيرة) ..
Sadiq Azraqi points in a column in the newspaper Al-Sabah to the new fraud that has cast a shadow over previous elections and their risks, which affected the so-called (small parties) in favor of (the major parties) ..
وهنا يقول الارزقي بان المواطن العراقي أحوج ما يكون الآن الى التخلص من سلبيات العمليات الانتخابية السابقة التي أدت الى تكوين مجلس نواب غير فاعل وحكومة لا تستطيع حتى محاسبة وإقالة وزير فاسد ما أدى الى الفشل الواضح في تلبية مطالب الناس وحاجاتهم، على حد تعبير الكاتب.
Alarozki here and say that the Iraqi citizens when they need now is to get rid of the downsides of the previous electoral processes that led to the formation of a dysfunctional Congress and the Government can not even hold the Minister and the dismissal of corrupt which led to the apparent failure to meet the demands of the people and needs, in the words of the writer.



قضية حذف الاصفار من الدينار العراقي تعود الى عناوين الصحف مرة اخرى ففي صحيفة المدى نقرأ ان مصادر مالية قد كشفت تأكيدات البنك المركزي العراقي بدراسة رفع قيمة الدينار العراقي عن طريق حذف 3 اصفار من قيمته الاسمية الحالية، ومعادلة الدولار الأميركي بدينار عراقي واحد.
Cause the deletion of zeros from the Iraqi dinar back to the headlines once again In the newspaper we read that term sources of finance had uncovered the assurances the Iraqi Central Bank study revalue the Iraqi dinar by deleting the 3 zeros from the nominal value of the current U.S. dollar equivalent and one Iraqi dinar.
وتنقل المدى عن صحيفة الوطن الكويتية ما اكده مستشار البنك المركزي مظهر محمد صالح من ان مشروع رفع الاصفار من العملة الذي روجت له الحكومة في 2007، يطبخه البنك المركزي على نار هادئة وتوقع أن تشهد نهاية 2010 او بداية 2011 تطورا بشأن المشروع.
And the movement range of al-Watan was confirmed by the appearance of the central bank adviser Muhammed Salih Al-raising project that the zeros of the currency promoted by the government in 2007, the Central Bank Itboukh on the backburner and expected to see the end of 2010 or early 2011 on the development of the project.
فيما علمت المدى ان البنك المركزي يسعى لرفع قيمة الدينار العراقي الى 1000 دينار لكل دولار اميركي، في حدود شهرحزيران المقبل، بحسب الصحيفة.
As long learned that the central bank seeks to raise the value of the Iraqi dinar to 1000 dinars per U.S. dollars, within the next Chehrhuzeiran, according to the newspaper


Hello! Everyone:

Please explain what a CHEHRHUZEIRAN is in regards to the last paragraph????????????????????????????????????????? ?????????

Best Regards,
brownjrrobertd:shake:

[Babylon]

Hello! Everyone:

Please explain what a CHEHRHUZEIRAN is in regards to the last paragraph????????????????????????????????????????? ?????????

Best Regards,
brownjrrobertd:shake:

brownjrrobertd :handshake:

CHEHRHUZEIRAN is a combination of two words in Arabic : Chehr which means month and Huzeiran which means June .

:nerd:

[theopptomist]

Meanwhile, plans to re-base the Iraqi currency, the dinar, appear to be going ahead, but the exact timing of the change is still to be decided. The new dinar will be worth one thousand times the old one, which will help facilitate trade and foreign exchange, but will be otherwise neutral in terms of valuation.

http://www.iraq-businessnews.com/?p=1979

1170 / 1000 = 1.17
1NID = 0.85USD

In a world where countries are going broke and people in developed nations are having trouble putting food on the table. A country coming back from years of santions and a few wars is in a great position to prosper. I don't think Iraq will increase in value, everyone else will decrease.

Feel free to agree or bash

[RoyalBeluga]

If any a little i still just dont think they will pay all od us billions of us dollars for dinar

Are you on the wine again? I have to admit to it myself actually which is kinda odd because normally I can translate anything after wine :giggle:

[theopptomist]

If any a little i still just dont think they will pay all od us billions of us dollars for dinar

I know this is 99.9999999999999999999999% impossible but whats not to say 10 years from now iraqis are on a site like this lets call it the American Investors Forum talking about the unvalued US dollar and is it going to RV or Lop.

In the global economy we live live in, external factors that we have no control over can have devastating effects. I know the top end of town would have you think otherwise but look at GM, the banks, and the other "too big to fail" businesses that have gone down the tubes.

When the so called impossible is happening why can't the Iraqi dinar increase in value?

These are truly interesting times we live in.

[Jakarta8+]

If any a little i still just dont think they will pay all od us billions of us dollars for dinar
"If you've never had a million then to condone that million sends a clear definition of your behavior; if you've never had it then you'll never appreciate the gift of a million." - Pinkerton.

[War Eagle]

Everybody can FORGET an talk of a LOP!!!!!! The U.S.,China,Great Britain,Russia all OWN most of the currency that is outstanding.We are merely a "drop in the bucket",and Iraq is NOT going to SCREW these goverments. So,forget this nonsense!!!!!!!IMHO

[War Eagle]

All of these countries will swap their dinars for oil in the future,and most of the dinars that the people "trade in" will end up in the treasury of those countries to increase their foreign reserves.Again,this is IMHO

[WCKDinar]

Investing in another countries currency is not complacated. You either think it will appreciate or not...if not....good by...For others...good luck to you...

[silvergnat1]

Good find TAV. Looks like a waiting game as it has been over the last 7 years, but hopefully the end is nearing. Only time will tell. Thanks again.

[misty]

Everybody can FORGET an talk of a LOP!!!!!! The U.S.,China,Great Britain,Russia all OWN most of the currency that is outstanding.We are merely a "drop in the bucket",and Iraq is NOT going to SCREW these goverments. So,forget this nonsense!!!!!!!IMHO

Oh dear God I hope you are right!!!!!!!!!!!!

[ORCAinthemix]

Hey you; Tonka toy, English Little Bob, there you go again... you are very clear on which side of the fence you are on... You are correct they are not debt free, only 80% to 90% debt free... wow, as a country with highest grade of oil and lots of it, a huge amount of natural gas... oh and the richest soil in the region for Agriculture... and you say they only have oil... LOL again Tonka toy you do my work for me... lets move on, for your like a broken record, that is stuck on the turn table... however; you have your opinion.. which we all know the hidden agenda... did you need to make some extra money toward the end of the week and get a few more post's in. Lame!

You mention the CBI as though your in love with them... lets face it, IMF has more to do with what will happen in the near future, then CBI...

Glad to see you recovery from your violent outburst, is your thumb healing, or you still very sensitive little Bob?....

[RSFS]

TAV, don't look now but (This article has been removed by the Newsvine community)

http://ezonez.newsvine.com/_news/201...-denominations

guests they don't wont you to know this as of yet

[REITman]

guests they don't wont you to know this as of yet

WHAT!? WOW!
http://www.talkingpage.org/NIAPLogo2.gif

[HPU-103]

GREAT POST TAV THANKS.:handshake::handshake:

kUWAITI DINAR ALSO HAVE 5 FILS, 10 FILS, 20 FILS, 50 FILLS, 100 FILS. BANKNOTES 1/4 DINAR, 1/2 DINAR, 1 DINAR, 5 DINAR, 10 DINAR, 20 DINAR, NO HIGHER NOTES. THIS SOUNDS GOOD TO ME.:yes::yes::yes:

[TAV]

Oh dear God I hope you are right!!!!!!!!!!!!



Misty..... I agree with him, some wants you to think your trading in green stamps!! You have cash money in your hands......CASH!

[BILLYG]

Misty..... I agree with him, some wants you to think your trading in green stamps!! You have cash money in your hands......CASH!
And here all this time I thought it was wallpaper!!!:giggle: j/k folks!!

[EBJNYC]

brownjrrobertd :handshake:

CHEHRHUZEIRAN is a combination of two words in Arabic : Chehr which means month and Huzeiran which means June .

:nerd:

Babylon do you think --- "Month-June" maybe a clue or something?

[RoyalBeluga]

Yes cash in hane need to buy more today smaller notes though

Why smaller notes? There's no lop on the horizon so what's wrong with large notes?

[Babylon]

Babylon do you think --- "Month-June" maybe a clue or something?

:hi:

http://www.investorsiraq.com/showthread.php?t=141028

[CHAZOWEN]

We all should keep buying more when you can afford it and yuan dong also they will move all 3 currencys watch and see
When referring to other currencies put it in the currency and forex forum where it belomgs.
Please stop ruining threads with your constant pumping.

[CHAZOWEN]

Not a pumper sorry.what is a forum for please explain to all of us.last i heard it was to talk about ines iraq .wow thats even the name of this forum
Forgive me for being so stupid for thinking Iraq used "Dong" and "Yuan" as their currency.
A word of advice,if you are trying to be clever,at least use correct spelling and grammar.
As I said,stop pumping.

[Zerep11]

Whenever I read posts with misspelled words, bad grammar, no regards to proper punctuation, and/or poor sentence structures, I pay their posts no mind whatsoever. :no:

Happy Easter Everyone ~ Jesus Rules...! :rock:

[CHAZOWEN]

hahaah pumping yes your correct,another perfect person you are,by the way do you want to buy yuans dong or dinar i have millions of each if you want some.you must your, here on a iraq forum.maybe you should buy or sell it would give you something better to do than talk about others,dont you agree.the mighty one.hahahhaah
Fantastic...you prove the fact that every village has one.

[ORCAinthemix]

Some news, just yesterday, I check my balance on my cell phone the balance has always been reported in U.S. Dollars, today I check my balance and it's in NID's,,, mmmmmmm......

[RoyalBeluga]

You must have looked in your mirror,and finally saw one a real village ----- this must be the only place you feel superior to others.but thats ok we understand people like you have special needs.would you like to buy some dinars or yuans or perhaps vietnam dong,they are going to rv very soon.

and you know this?

[sytrf]

Now we're a village ? cool , yes ORCA that is interesting! Happy Easter , God bless , and a little prayer for our military and others stuck around the world .

[BILLYG]

Whenever I read posts with misspelled words, bad grammar, no regards to proper punctuation, and/or poor sentence structures, I pay their posts no mind whatsoever. :no:

Happy Easter Everyone ~ Jesus Rules...! :rock:
Amen to that Zerep!!! Happy Easter to all Brothers and Sisters of IIF!!! Praying we all have a safe one, especially those serving overseas!!!

[EBJNYC]

:hi:

http://www.investorsiraq.com/showthread.php?t=141028

Gotcha -- and thanks Babylon -- :handshake:

[EBJNYC]

today I check my balance and it's in NID's,,, mmmmmmm......

ORCA -- Are you in "Iraq" ??

[ORCAinthemix]

Yes EBJNYC!

[English Bob]

ORCA -- Are you in "Iraq" ??


If you 2 had Brains you would both be Dangerous!

Firstly we were told days ago they were switching to NID on the phone bills in Iraq!

So ORCA.............GREAT CATCH :yes:

EBJNYC.................GREAT OBSERVATION :yes:

:clapping: :clapping: :clapping: :clapping: :clapping:

OUTSTANDING..............IIF'S finest at work! :giggle:

JMO

EB

[blueknight_AL]

look roy

the name of the game is comfort, if you are more comfort with holding your own bills than i would say continue holding them, if your interested in sending your money across sea and hoping they are honest, then send them, if your interested in isx and want to invest then you should invest, what's important is that your able to get good sleep at night knowing you will not have a problem with getting your money when needed!!!

me personally, i wouldn't send one red cent to them!!

the u.s. Has sent and spent your money already to rebuild that country and they turn there nose!!
big oil will not move on that country until laws are passed and sanctions are lifted!!!
that country is in a great position to make history yet they fight among themselves with extreme force!!!
you don't know if your sending money that supports some terror group!!
you have to do your homework and decide what is best for you!!
just remember they don't have any fdic that will protect you!!!

TAV

I have been reading your post for several months and what you say makes perfect sense. Also, thank you for your efforts in finding articles that "NOT ONLY" re-enforce my feelings on the RV with no LOP, but you are open minded enough to post things that let other people form their own opinion.

I have been working in Baghdad since 2004 and alot has happened since then. I am hearing everyday, from numerous Iraqi people that there will be a LOP of one zero, up to three zeros. On the other hand, all the Iraqi people that hold mega Dinar feel the LOP will not happen. But as I have stated before, they may feel that way for the same reason we do.

What people need to understand is this........ things in Iraq are done much MUCH different than what they are use too. You are correct in saying the people of Iraq are on the verge of making history, but yet, they continue to blow each other up. It is AMAZING to sit back and watch what is happening and then think about all the natural resourses they have been blessed with.

One thing that concerns me right now is the trouble between the present PM and the newly elected PM. Personally, I feel we have alot more violence coming in the form of suicide bombings before the issue is settled on who will really be the PM. I am at home on ATO right now, but since I have been here I think they have had bombings for 4 or 5 straight days, killing hundreds of people. What I am saying is this..........In humble opinion I do not feel an RV will happen any time soon, however, as I said before this is IRAQ and anything is possible. I still stick by my guns saying I do not see a LOP.

TAV.........thank you again for all your efforts

[TAV]

TAV

I have been reading your post for several months and what you say makes perfect sense. Also, thank you for your efforts in finding articles that "NOT ONLY" re-enforce my feelings on the RV with no LOP, but you are open minded enough to post things that let other people form their own opinion.

I have been working in Baghdad since 2004 and alot has happened since then. I am hearing everyday, from numerous Iraqi people that there will be a LOP of one zero, up to three zeros. On the other hand, all the Iraqi people that hold mega Dinar feel the LOP will not happen. But as I have stated before, they may feel that way for the same reason we do.

What people need to understand is this........ things in Iraq are done much MUCH different than what they are use too. You are correct in saying the people of Iraq are on the verge of making history, but yet, they continue to blow each other up. It is AMAZING to sit back and watch what is happening and then think about all the natural resourses they have been blessed with.

One thing that concerns me right now is the trouble between the present PM and the newly elected PM. Personally, I feel we have alot more violence coming in the form of suicide bombings before the issue is settled on who will really be the PM. I am at home on ATO right now, but since I have been here I think they have had bombings for 4 or 5 straight days, killing hundreds of people. What I am saying is this..........In humble opinion I do not feel an RV will happen any time soon, however, as I said before this is IRAQ and anything is possible. I still stick by my guns saying I do not see a LOP.

TAV.........thank you again for all your efforts


Thanks for the kind words.....hang in there, I don't believe the leader of the free world would have stake his reputation on anything different!!

There is a history and I've been doing my homework..........there was a proven plan, a proven case study scenario which had a positive outcome and I believe the head of state simply duplicated this plan!!!!

I don't believe the administration would go on live TV on a momentous occasion declaring war operation over if he didn't truily believe they where over!!

I don't have to tell you how things are in iraq, most are completely confined to the base unless your on patrol!! I'm just about certain info is completely controlled, even the locals don't have any ideal except for hearsay!!!

We here in the states probably get more info from the news media than most in country!!

Yep.......I HOPE EVERYONE MAKE WINDFALL PROFITS........CONGRATULATION ON BECOMING A SPECULATOR......I WILL STAND VIGILANT AND CONTINUE TO PROVIDE DATA & REFERENCES TO STATE MY CASE FOR A RV UNTIL THE RV HAPPENS!!

[100milliondreams]

Easier to cash in tax reasons smaller will be tax advantage when or if it does actually rv


Amazing how soooo much BS can spew forth from one Ahole. :headbang: