scottierabs

Warren Buffet's purchase of preferred stock in BOA had nothing to do with a possible revaluation of the IQD. It had everything to do with the facts that Berkshire Hathaway is going to receive a 6% annual dividend from the shares and there is no way the U.S. government will allow Bank of America to fail. On top of this, there is long term capital appreciation potential with the BAC shares. Buffet probably viewed the investment as a win-win, he is good at those.

Once again not every event is linked to the IQD. The Wyoming meeting is an annual U.S. Federal Reserve meeting where they discuss current and future fiscal policy for the United States. It has nothing to do with the revaluation of a foreign currency. If Dr. Shabibi was there it would only be to observe how the U.S. Federal Reserve discusses and negotiates different fiscal policy ideas.

I am no longer going to read the posts on this site. Most of the posters are just making sh*t up! Do you really believe and I quote, "that the deal has been made in secret and that the time they are pretending to talk about the debt ceiling, they are actually working out the tax package for Dinar Holders (which they cannot say it is especially for us, because that would be illegal) but when the day is done, that is who they are targeting." Sooo long now!

Where do you come up this stuff?

Donald is probably referring to China and their currency.

It is amazing how any economic or world event gets tied back into the revaluation of the IQD. Trust me, an increase in the value of the IQD has nothing to do with what is occurring in Washington. Next to bank rumors this is the dumbest thing I have read so far.

You will need to go to Yahoo Finance, Investing, and Currencies. Click on add currency, IQD/GBP, and hit save. Sunday night, Yahoo Finance was showing the day's range as .0005 - .05 and the 52 week range as .0005 -.05. This is similar to what was showing on Monday. In addition to the 52 week and day's range the website was showing an approximate 9000% increase. Today, Yahoo Finance has showed the same increase of 1 IQD to .05 GBP but only for a short period of time (like 10 to 15 seconds) and then back to the normal .0005. This is not made up. I was asking if anyone had any thoughts as to why Yahoo Finance would be making these random increases to the IQD/GBP conversion rate. Please remember that we are talking about an approximate 9000% change. Also, Yahoo Finance has to be pulling their conversion information from another source.

Does anyone have a logical guess why the Yahoo finance currency pair for IQD/GBP has been randomly showing a % change of approximately +9000%. This is a conversion ratio of 1 IQD to .05 GBP. The ratio was on the screen for most of Sunday night and throughout the day and night on Monday. Today (Tuesday) the rate change has occurred randomly throughout the day. I am not a pumper, just curious why this rate change is occurring on the Yahoo site. Obviously, Yahoo Finance is pulling their currency exchange information from another source. thanks

Last night (July 17, 2011), Yahoo Finance was showing the day's trading range for the Iraqi Dinar to British Pound as approximately .0005 - .05. It appears that Yahoo Finance had an error with the conversion. It is now showing the day's trading range as .0005 - .0005, which basically matches the 52-day range.

Why would anyone listen to a person who does not know how to spell "decision"?

The Series 65 exam is not the hardest securiites exam out there. The Series 7 is a more comphensive exam than the 65. A securities exam is not meant to validate a person's knowledge but simply allow that person to sell securities.

Quit referring to the information provided by "pumpers" as intel. It is either speculative guessing or fantasy. They do not know anymore about the IQD than anyone else!

This isn't intel, it is fantasy!!! Do you really think 136 world currencies are going to revalue at the same time? What a joke! I can't believe that I read this garbage.

Every piece of economic news is not tied to a currency that is not even internationally recognized. Give me a break! Geithner is referring to the different steps the Federal Reserve can do when up against the debt ceiling, these steps are short term.