boomer113189

You Can't Fix Stupid: The Iraqi Dinar Scam Lives Update 31 January 2014 Another month, another million or so new rumors of imminent riches for Dinar investors. Where to these rumors come from? Scam artists mostly, either trying to sell Dinars to new suckers, or trying to keep the old suckers thinking they made a good investment. “Hey, just keep turning your magic bean jars, and soon you’ll be turning over the ignition to a huge yacht!” Heck, there’s not even any real news this month about the Dinar, just rumors and more rumors. Some rumors on any given day say the Big RV will come tomorrow, while other rumors say that it is only coming “soon” without elaborating whether that term is to be measured in the human sense, or within the temporal relativity of the Universe. I’m guessing the latter. Congressman Bennie Thompson has warned suckers not to buy the Dinar, read more here – xxxxxxxxxxxxxx There is also this cool new article, “Iraqi Dinar Revaluation Scam: Exposed” at xxxxxxxxxxxxxxxxxxx And always a good site to visit – xxxxxxxxxxxx With that, so long until next month, when I will be able to report on absolutely nothing happening with the Iraqi Dinar, again. http://goo.gl/Umd3J5

dontlop all your post are Meaningless you keep debating about the kuwait dinar which none of us are in.Its time for you to talk about the iraqi dinar currency the one that we all hold and try to convince us so called lopster with articles are documents of why they won't Redenominate/ delete any zeros there currency. if you can not then the so called lopster have been right all along. if you can please provide us links so that so that we can see the evidence also.

2- 11 - 2014 {Baghdad: Euphrates News} A member of the Committee on the economy and investment representative, Amer winner, said the project to delete the zeros from the national currency still exists, but it is in order for commercial reasons, in addition to the receipt of intelligence information for the creation of counterfeit currency for the purpose of replacing the new currency. He said the winner told the News} {Euphrates on Tuesday that "the project is still in place and everything in it that he delayed not only, we want to apply the law in 01/01/2013, but he asked later postponed for economic reasons, as it leads to a disruption in the commercial market and the general situation does not help, he asked to postpone the work. " "The General Secretariat of the Council of Ministers may linger in the project, in order to the country's economy internal," noting that "we have agreed with the central bank in order not to make a fuss in the market through the implementation of the project, and because the old currency will not fall but will continue to work out as well as The new currency for a period of two years, for example, the price of the goods specified in the new currency in the old as well as specific, and for two years the old currency intervention by the Central Bank gradually implemented and will not leave until the market ". He said the winner "as he has been patient as the implementation of the project, to the receipt of intelligence information indicating that there is a coin forged many abroad in neighboring countries, and even some of them inside Iraq, prepared for the purpose of replacing the new currency, considering that the old currency will damage, so it has to implement in order to develop a mechanism to take control of this issue, and control of the border crossings. " The central bank announced earlier that the project to delete the three zeroes from the Iraqi currency will be transferred from the country of billions to trillions country. And stresses the importance of economists deletion of zeros from the currency current, which applies to reduce inflation and achieve a breakthrough in the country's economy from the coin a few new banknotes and coins sober mimic the rest of the world. The General Secretariat of the Council of Ministers announced in April 2012, for a patient in the application process to delete the zeros from the currency. http://goo.gl/3FaoQz

2 - 11 - 2014 BBB news release) Every year, Better Business Bureau receives thousands of calls and emails from consumers who have been scammed. … or from the lucky ones who have dodged scams by being wary. Some scams are widespread, getting a lot of people for small amounts. Others are more narrowly focused, but take people for thousands or tens of thousands of dollars. The Federal Trade Commission’s Consumer Sentinel Data Book estimates that Americans lost $1.4 billion to scams in 2012. Foreign Currency Scam – Investments in foreign currency can sound like a great idea, and scammers frequently use real current events and news stories to make their pitches even more appealing. They advertise an easy investment with high return and low risk when you purchase Iraqi Dinar, Vietnamese Dong or, most recently, the Egyptian Pound. The plan is that, when those governments revalue their currencies, increasing their worth against the dollar, you just sell and cash in. Unlike previous hoaxes, you may even take possession of real currency. The problem is that they will be very difficult to sell, and it's extremely unlikely they will ever significantly increase in value. http://goo.gl/3hmHzI

easyrider - that 30 trillion in circulation is comical they are lying straight out of their a$$es. I have told many of you watch what they are doing NOT what they say. They are setting the stage to go international and have worked hard to get their banks on par to be Article 8 compliant. The next step is to add true value to their currency and the rest will fall in place. Ask your self this why are countries spending millions to get their way into Iraq? why is the london stock market taking interest in Iraq? do they know something we dont? lol i guess the cbi web site and all the other articles that have said they had 35 trillion is lying LOL this guy is a joke !

You Can't Fix Stupid: The Iraqi Dinar Scam Lives Update 31 January 2014 Another month, another million or so new rumors of imminent riches for Dinar investors. Where to these rumors come from? Scam artists mostly, either trying to sell Dinars to new suckers, or trying to keep the old suckers thinking they made a good investment. “Hey, just keep turning your magic bean jars, and soon you’ll be turning over the ignition to a huge yacht!” Heck, there’s not even any real news this month about the Dinar, just rumors and more rumors. Some rumors on any given day say the Big RV will come tomorrow, while other rumors say that it is only coming “soon” without elaborating whether that term is to be measured in the human sense, or within the temporal relativity of the Universe. I’m guessing the latter. Congressman Bennie Thompson has warned suckers not to buy the Dinar, read more here – http://goo.gl/mZQ6jI There is also this cool new article, “Iraqi Dinar Revaluation Scam: Exposed” at http://goo.gl/dSjud8 And always a good site to visit – http://goo.gl/r2KHR9 With that, so long until next month, when I will be able to report on absolutely nothing happening with the Iraqi Dinar, again.

Iraq Currency Exchange Starting on October 15th 2003 a new national currency known as the ‘new Iraqi dinar’ will begin to replace the existing currency, the ‘old dinar’, and the currency used in the North of Iraq, the ‘swiss dinar’. The new Iraqi dinar will create a single unified currency that is used throughout all of Iraq and will also make money more convenient to use in people’s everyday lives. The currency exchange will last from October 15th 2003 to January 15th 2004. Currency can be exchanged at any time during this three month period. Locations where money can be exchanged will include banks and other official locations, for example post offices, throughout Iraq. No fees will be charged for exchanging currency. The conversion rates for new Iraqi dinars will be as follows: one ‘old dinar’ will be exchanged for one new Iraqi dinar; one unit of the ‘swiss’ dinar will be exchanged for 150 new Iraqi dinars. Bank accounts and financial contracts in Swiss dinars will also be converted at the rate of 150 new Iraqi dinars for every one Swiss dinar. Bank accounts and contracts in old Iraqi dinar will not change. The new currency will have a larger number of denominations than the old currency, with 50, 250, 1000, 5000, 10000 and 25,000 dinar notes, making it more convenient to use. The new notes will be of higher quality and durability than those currently in circulation and include many anti-fraud features that will provide important protection against counterfeiting. How will the exchange occur? (1) People will come to banks with their currency (2) Currency will be counted and its equivalent value in new currency will be paid (3) Old currency will be promptly marked and will then be destroyed (4) Those with bank accounts will see their balances automatically converted. Salaries will begin to be paid in the new dinar at the earliest available opportunity. Currently everyone in Iraq carries a reminder of Saddam in their pockets – on the banknotes they’re using. Shortly after October 15th the first batch of Saddam notes will go to the incinerator. At close of business January 15th 2004 Saddam notes will no longer be legal tender. Below are some answers to frequently asked questions: What will the new currency look like? The new Iraqi dinar will look similar to Iraq’s old national dinar (the ‘Swiss’ dinar), with some minor modifications What will be the rate that is used to convert old currency into new currency? People who hold one old Iraqi dinar will receive one new Iraqi dinar. People who have one ‘Swiss’ dinar will receive 150 new Iraqi dinars. Why were these rates selected? These rates will help to equalize prices throughout all of Iraq – helping to ensure that the prices of goods will be roughly the same across the whole country. Key Iraqis, including officials at the Iraqi Central Bank as well as leaders of the autonomous regions in northern Iraq, were consulted on this issue and fully supported this decision. How will the new currency differ from the existing currency? The new currency will have a total of six denominations, will be much better protected against counterfeiting, and will last much longer because it will be of higher quality. Will people need to exchange their currency immediately? No. Currency can be exchanged at any time up until January 15th. Will the old Iraqi dinar and the Swiss dinar continue to be valid until January 15th? Yes. All existing currency will be completely valid until Janaury 15. Will salaries be paid in new dinars? Yes. After the exchange has begun, salaries will begin to be paid in new Iraqi dinars. How will people be able to identify counterfeit currency? As the exchange approaches additional details will be provided about how to identify counterfeit notes. Staff at currency exchange sites will also be well trained on how to detect counterfeit Iraqi dinars Counterfeit old Iraqi dinars will not be accepted at the exchange sites. Those presenting counterfeit notes will not be arrested or charged with a crime, but their money will not be exchanged. Currency exchange sites will visibly mark old dinars upon their exchange for new ones so that they cannot be stolen and re-exchanged later. Once the old currency is marked it will no longer be valid currency. Will the new currency be convertible into other currencies? Yes. The new currency will be convertible into other currencies at the market exchange rate that prevails at that time. Can dollars also be exchanged for new Iraqi dinars? What will be the conversion rate for dollars? Dollars will not be converted directly into new dinars during the official exchange. Following the exchange, dollars will be convertible directly into new dinars at the market exchange rate. New dinars will also be convertible into dollars as well as other currencies at the market exchange rate. Will it be possible to exchange currency outside of Iraq? No. The only official currency exchange locations will be located within Iraq. see the last part if iraq get a new currency or Redenominates that's a risk we all take. like i have said before we could all be holding onto worthless currency

Improvement in the value of the Iraqi dinar encourage some countries want to handle it A member of the Finance Committee MP / coalition of Kurdish blocs / Dler capable, that the relative improvement of the value of the Iraqi dinar against the U.S. dollar during the current period, making some states want to deal with it. He is capable of: that the Iraqi dinar is improving day after day, thanks to the new monetary policy pursued by the central bank, prompting some countries such as India and neighboring countries wishing to deal in the business processes. He pointed out that the increase in the confidence of the world in Iraqi dinar will make it difficult international currency, likely that the coming weeks will see an improvement over the value of the dinar against the dollar, and this will enhance the confidence of the world do. India has approached the Iraqi government, the adoption of dealing in local currencies in the process of exchange of Commerce of the two countries instead of the dollar in order to support the Iraqi and Indian currencies. The Finance Committee has confirmed that 2014 will see the deletion of zeros from the Iraqi currency, are described: The delete will be in coordination with the Central Bank. Said committee member Abdul Hussein al-Yasiri in a press statement: The process of deletion of zeros from the national currency will begin during 2014, through an agreement with the central bank, noting: This project will lead to reducing the proportion of the national currency in circulation from four billion to one billion. Added: The value will be reduced to the size of the quarter and this will enhance the value and easy to transport, pointing out that fraud or manipulation of currency cash, it will be very difficult. The CBI identified earlier in the beginning of this year will see the implementation of the project to delete the three zeroes from the national currency, but the Iraqi government has demanded the bank to wait to apply the project, fearing the emergence of counterfeit currency during the switching process. http://goo.gl/Ko3jnr all the people are screaming RV ! lol notice it says delete the three zeros i tell you they still dont get it after time and time again we give them proof. but since it is not good proof they dismiss them as lies and were wrong LOL

you better copy and save those in a pic form because this site updates it it deletes everything after a couple years i usally copy and save just so i have something to look back on

lol

that because iraq still wants to redenominate there currency and they keep talking about deleting the three zeros LOL there is no new news out there

nope you an other are just made at us for bringing up the truth about what iraq has been talking about doing with there currency which is a Redenomination. you have nothing to back up your claim of why they dont want to redenominate there currency

My point is simple you guys down here complain all the time about "guru/pumper" lie's. These jokers are speculating and building an audience just like you LOPsters. Wrong all they do is lie they don't speculate at all they just tell lies that people want to hear in hopes of getting more attention. now lopsters on the other hand tell the truth and back them with links and document there a huge difference

great reads here folks

A few weeks ago, a source at the Iraqi Central Bank announced the government’s plan to [re-denominate] the [iraqi] currency by cutting three zero from all notes, effectively dividing these notes by 1000. 1000 dinar notes would be changed to one dinar notes and 5000 [old dinars] would equal five new dinars. Iraq is planning to revalue its currency, the dinar, cutting three zeros from its notes. The purchasing power of the dinar will remain unchanged if the government adopts the correct measures the Iraqi economy suffered from [wide] dollarization aka too many people using dollars. The first effect of the decision to [revalue] the currency would be a return to the dinar, and the widespread circulation of dinar notes of even the smallest denomination. The Iraqi economy would become less dollarized and the Iraqi dinar would take on an exclusive role [in day-to-day transactions].