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Thread: Hold onto you pants---CIA Projected Value of the Dinar.

  1. #1
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    Default Hold onto you pants---CIA Projected Value of the Dinar.

    Iraq:Current Value 1 IDinar = .0007 USD
    Slotted Potential Future Value: 1 IQD = .21 USD***
    http://www.cia.gov/cia/publications...ok/geos/iz.html
    Land Mass: 437,072 sq km
    Population: 26,074,906
    Government Type: The Iraqi Interim Government (IG) was appointed on 1 June 2004. Interim Government Constitutional Parlimentary (Federated) Democracy. (semi-stable)
    GDP: The IMF said it was cutting its forecast for gross domestic product growth this year from 17 percent to 4 percent. In 2004, the Iraqi GDP was $25.5 billion. This year it is projected to reach $29.3 billion.
    $54.4 billion gdp (2004 est.) per: http://www.nationmaster.com/graph-T/eco_gdp
    Assets: Petroleum, natural gas, phosphates, sulfur, large agricultural potentia (wheat, barley, rice, vegetables, dates, cotton; cattle, sheep, poultry). 13,400 oil reserves in million tonnes. 10% of potential reserves have been explored. IMF projections 2 to 2.5 mbpd for 2005-2006.
    Before U.S.-led forces defeated Saddam Hussein, whose government also heavily subsidized gas prices for consumers, average annual oil production in Iraq was 2.5 million barrels per day. Iraq has large water sources many were dammed up and drained by the dictatorship of Saddam Hussein.
    OPEC Member
    [SIZE=3]***If Stability and Security is achieved.[/SIZE]

    Please remember this project rate also works will with the Finbonnaci project model of .20 that I projected back in Dec 04.

  2. #2
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    Default

    i saw that too eosirl2...

  3. #3
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    Default

    thanks for the post eo, though i couldnt find the projected future value when i clicked on Iraq--is it somewhere else? also, your first link is dead (change the periods).

  4. #4
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    Quote Originally Posted by eosirl2
    Iraq:Current Value 1 IDinar = .0007 USD
    Slotted Potential Future Value: 1 IQD = .21 USD***
    http://www.cia.gov/cia/publications...ok/geos/iz.html
    Land Mass: 437,072 sq km
    Population: 26,074,906
    Government Type: The Iraqi Interim Government (IG) was appointed on 1 June 2004. Interim Government Constitutional Parlimentary (Federated) Democracy. (semi-stable)
    GDP: The IMF said it was cutting its forecast for gross domestic product growth this year from 17 percent to 4 percent. In 2004, the Iraqi GDP was $25.5 billion. This year it is projected to reach $29.3 billion.
    $54.4 billion gdp (2004 est.) per: http://www.nationmaster.com/graph-T/eco_gdp
    Assets: Petroleum, natural gas, phosphates, sulfur, large agricultural potentia (wheat, barley, rice, vegetables, dates, cotton; cattle, sheep, poultry). 13,400 oil reserves in million tonnes. 10% of potential reserves have been explored. IMF projections 2 to 2.5 mbpd for 2005-2006.
    Before U.S.-led forces defeated Saddam Hussein, whose government also heavily subsidized gas prices for consumers, average annual oil production in Iraq was 2.5 million barrels per day. Iraq has large water sources many were dammed up and drained by the dictatorship of Saddam Hussein.
    OPEC Member
    [SIZE=3]***If Stability and Security is achieved.[/SIZE]

    Please remember this project rate also works will with the Finbonnaci project model of .20 that I projected back in Dec 04.
    Didn't MunnyBaggs present this in his new Munny Model......I thought this was HIS research and projection......as usual, I'm confused

  5. #5
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    Quote Originally Posted by Pip
    thanks for the post eo, though i couldnt find the projected future value when i clicked on Iraq--is it somewhere else? also, your first link is dead (change the periods).
    This is the link
    http://www.cia.gov/cia/publications/...k/geos/iz.html

  6. #6
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    Default

    Quote Originally Posted by Pip
    thanks for the post eo, though i couldnt find the projected future value when i clicked on Iraq--is it somewhere else? also, your first link is dead (change the periods).

    Sorry Pip (not allowed to edit our own posts), but thanks for the heads up on the solution.

  7. #7
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    Default

    Quote Originally Posted by eosirl2
    Iraq:Current Value 1 IDinar = .0007 USD
    Slotted Potential Future Value: 1 IQD = .21 USD***
    http://www.cia.gov/cia/publications...ok/geos/iz.html
    Land Mass: 437,072 sq km
    Population: 26,074,906
    Government Type: The Iraqi Interim Government (IG) was appointed on 1 June 2004. Interim Government Constitutional Parlimentary (Federated) Democracy. (semi-stable)
    GDP: The IMF said it was cutting its forecast for gross domestic product growth this year from 17 percent to 4 percent. In 2004, the Iraqi GDP was $25.5 billion. This year it is projected to reach $29.3 billion.
    $54.4 billion gdp (2004 est.) per: http://www.nationmaster.com/graph-T/eco_gdp
    Assets: Petroleum, natural gas, phosphates, sulfur, large agricultural potentia (wheat, barley, rice, vegetables, dates, cotton; cattle, sheep, poultry). 13,400 oil reserves in million tonnes. 10% of potential reserves have been explored. IMF projections 2 to 2.5 mbpd for 2005-2006.
    Before U.S.-led forces defeated Saddam Hussein, whose government also heavily subsidized gas prices for consumers, average annual oil production in Iraq was 2.5 million barrels per day. Iraq has large water sources many were dammed up and drained by the dictatorship of Saddam Hussein.
    OPEC Member
    [SIZE=3]***If Stability and Security is achieved.[/SIZE]

    Please remember this project rate also works will with the Finbonnaci project model of .20 that I projected back in Dec 04.

    Hello,
    I got a page can not be found! Is ther ea miss typeo?
    Sensei

  8. #8
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    Default

    Sorry , I am not able to locate the "projected value of 0.21 cents"...can someone help ?

    Thank-you in advance!

  9. #9
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    Quote Originally Posted by MedC
    Sorry , I am not able to locate the "projected value of 0.21 cents"...can someone help ?

    Thank-you in advance!
    Yup, I don't see it. link and show us please
    ******************************
    Iraq has 30 trillion dinars in circulation

  10. #10
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    Apr 2005
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    I can't find it either....but I really want to! Especially if the website actually says "Slotted Rate" and it has been updated this year.

    This is all I see about exchange rates:
    Exchange rates:

    New Iraqi dinars per US dollar - 1,890 (second half, 2003), 0.3109 (2002), 0.3109 (2001), 0.3109 (2000)

  11. #11
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    Default

    sorry, i don't see it.... maybe i need a magnifying glass :(
    Oh the greatest, Thank you for everything.

  12. #12
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    Unhappy

    I believe the projected .21 rate is part of Munny's own model, and not the CIA. The organization that would probably say anything at all about the rate would be the IMF.

  13. #13
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    Question Unable to locate this .21 info

    I, too, am unable to find this information. Please give specific location, please. I am unable to see this on the other thread either. Could someone elaborate, please. Thank you in advance.

    DB

  14. #14
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    Thumbs down what are you smoking?

    I'm wondering if you wheaties or weedies for breakfast? That statement does not exist. :rolleye03
    ...he who dares not offend, cannot be honest. Thomas Paine.

  15. #15
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    Aug 2005
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    Thumbs down I did a search I still can't find it

    I can't find it anywhere... Perhaps this AND the other thread belong in the Rumor Section. If I'm wrong, feel free to correct me. I am normally just a lurker. however, this is bordering on cruelty.

  16. #16
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    Thumbs up Wow

    That is some great info right there. :)
    Keep posting.
    I never sleep cause sleep is the cousin of death.

  17. #17
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    Default

    Couldn't see anything either. Question: Since when did the CIA get into monetary speculation?
    $.26-$.42 usd/dinar by end of may. Rising to 1usd/1dinar by eoy '08. (gonna get into community volunteer work.....after golf)

  18. #18
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    Default

    Quote Originally Posted by eosirl2
    Iraq:Current Value 1 IDinar = .0007 USD
    Slotted Potential Future Value: 1 IQD = .21 USD***
    I think this part came from Munny's model. (Please correct me if I'm wrong eosirl2.) Also, I think Munny came up with this figure based on his own personal calculations.

    However, it is pretty much the same figure that was in the article telling us to beware of dinar speculation because the dinar may only be worth .20.

  19. #19
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    Default Thanks but....

    Quote Originally Posted by DINAR_TIME
    I found the page but cant find the information about the slotted value being .21, help I have fallen and can't get up. Lance
    This time, it's the deep end of the pool.

  20. #20
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    There was no link provided when it was email to me by a friend. It apprears my friend copied and pasted it from MunnyBaggs post:

    http://www.investorsiraq.com/showpos...14&postcount=1

    Unfortunately, MBaggs failed to notify us with a dissclaimer that he had edited the post. The "slotted value" and "Security" portions were his own words/edits and not the CIA's official comment. This is where the confusion has arisen. These comments are nothing more than the person's opinion. This is confirmed by MBaggs' post:

    http://www.investorsiraq.com/showpos...4&postcount=21


    Sorry for the run-around, but it was posted by me in good-faith not realising it was posted on the IIF. If one still has an issue with it, then you need to take it to Munny Baggs.

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