Early Retirement
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This is the MOST significant article we have seen to date……..remember ALL of the articles we have read about WHY the auctions have been held and one the reoccurring reasons has to try to stabilize the exchange rate. Saleh has come out and admitted that the rate is manufactured through/by the auctions….now we have this article saying we are going to see a FLOAT. It sounds like they are talking about managed float but never the less we are going to witness a significant rate change. The music that was to my ears is them saying we are going to see a reversal on which currency will shows signs of scarcity…..ALL these years there has been a fight for citizens to get their hands on the dollar now they’re saying that won’t be the case anymore…..the rolls are going to be reversed. EVERYONE get ready we have been waiting a LONG for this ride to end….For me it has been since February of 2009….I’m not claiming it’s going to be .01 ……. .10…… or a dollar BUT we are definitely going to see a change.
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This is such a **** show….they have been trying to pass the HCL for over 15 years now! I met with Ali Agha from Dinar trade back in 2010 (when he still owned the company) and he said two things have to happen before an RV took place….. Chapter VII passing and the HCL passing…………here’s to hoping the HCL passes soon and after that happens we will have no more excuses for the RV not happening. Fingers crossed!!!!
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How much is96 tons of gold worth?
Early Retirement replied to dinarham's topic in RV & Dinar Questions
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Sorry...but the article literally states twice there is 40 trillion printed. Botzwana.....you are correct it does say 40 trillion dinars are printed BUT it does NOT say 40 trillion are in circulation!! He added that "the total Iraqi currency printed in the public market, banks and coffers of the bank up to 40 trillion Iraqi dinars," The article clearly states who is holding the 40 trillion.....the public holds part of the 40 trillion dinars, the banks hold part of the 40 trillion dinars, and the bank coffers holds part of the 40 trillion.... so my statement that 40 trillion dinars are NOT in circulation is CORRECT!! Thanks, Forum Cancer.......
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This lets us know that there IS NOT 40 trillion dinars in circulation.....as MANY are suggesting! This amount represents 3 different ways this hard currency is held, in the public market, the banks, and bank coffers. This info is really good for us....it would be interesting to know the percentages of all 3.
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Everyone is missing it IMO......don’t look at spreads of 1%-2%......the reason why there has been a major issue with their economy is the dependency on the US Dollar. The banks in Iraq were able to manipulate the currency market because of the discrepancy in the auction price, the price the Iraqi banks were selling the USD to their citizens, and the street value of th Iraqi Dinar. The monetary policies the CBI has established have worked and the auction price and the street value and now the SAME....hence the change with the CBI website to 1190 dinars/one dollar. NOW what does all this mean......the Iraqi banks and Currency exchange companies in Iraq NO longer have the ability to make a profit on selling the dollar!!!! That was their #1 way to make money......if you pay attention to all the articles the CBI has put out stating they want to banks to LEND.....Hello, that’s how REAL banks make money! Iraqi banks are NOW in the position to act like real banks. Once banking really occurs....LENDING to the public (all those house, car, and business loans they are NOW making) then The Iraqi Dinar will be able to gain in value! A healthy economy leads to a strong currency! Most importantly the Iraqi people will want to use the Dinar once again with pride........GO DINAR!!!!!!
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Hello everyone, I am willing to to take $800/million......still trying to sell the full 12 million. Thank you
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TheMiler, here is my email johnacn93311@yahoo.com. I dont know the correct protocal in sending and receiving money like this, but if you can help me understand how we can make a smooth transaction I am willing to deal with you. Thank you
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Looking to sell 12 million Dinar @850/million. Im old school and prefer to deal face to face.....I live in Bakersfield, California and am willing to travel some what......Thanks in advance to anyone that responds.