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Posted 08 August 2012 - 08:36 PM
Posted 08 August 2012 - 08:54 PM
Now here is where we learn what Iraq is really doing. Despite all the articles, misdirection, and confusion with terminology this quote tells us exactly what is happening…This is absolutely the most direct and powerful statement we have heard.
This is not an opinion, but a factual statement…”the present authorities have decided to change the Iraqi currency to a new currency”. Now this also tells us that they are NOT deleting the zeros off the notes. And it tells us that “collecting the notes” is what is happening to reduce the money supply.
Now this quote is simply amazing. “This does not affect the value of the dinar so far but it opens the dinar to the free currency market such as against the dollar, etc.” It is telling us that the value of the old dinar (3 zero notes) is not effected. Clearly, this is what we want. Some may want to interpret this saying “yes the value does not change and the exchange rate also stays the same,” ie (LOP) Well this next quote…puts an end to that theory as well…“If three zeros were lifted from the IQD, this means the IQD becomes stronger 1000 times in terms of value.” This in itself is all we need to be assured of our investment. But the good Dr. [Bakri] gives us the dagger in the LOPster heart with this gem of an example…“For example, a pack of cigarettes that was selling for 1000 dinar would be only 1 dinar. If it was a conversion like that, if the three zeros were lifted from the previous currency, this means the old 1000 dinars will buy 1000 packs of cigarettes instead of 1.”
Posted 08 August 2012 - 09:46 PM
Posted 08 August 2012 - 10:09 PM
Posted 08 August 2012 - 10:29 PM
Posted 08 August 2012 - 10:36 PM
Posted 08 August 2012 - 10:43 PM
Posted 08 August 2012 - 10:57 PM
I think its from an older Kap chat. Several weeks. School starting in a few weeks. I will need a break from here.
Posted 09 August 2012 - 12:27 AM
Posted 09 August 2012 - 12:45 AM
Posted 09 August 2012 - 04:37 AM
Maybe I missed somethig but where are these quotes coming from ? Which sources ? If it be so then I would agree, these are very positive indicators for there to be a decent profit ahead. Nice.
Posted 09 August 2012 - 06:51 AM
Posted 09 August 2012 - 07:58 AM
Posted 09 August 2012 - 09:33 AM
Posted 09 August 2012 - 09:35 AM
I too would like to know where these quotes are coming from. It is all well and good to take a few "statements" that sound good for us and say they are genuine quotes. But quoted from what? from where? from whom?
Seriously, Easy, would you please expand on where the quotes originated?
Posted 09 August 2012 - 09:36 AM
Posted 09 August 2012 - 10:05 AM
"It is telling us that the value of the old dinar (3 zero notes) is not effected. Clearly, this is what we want"
Huh?? If this is the RV we have been waiting for, then the value of the old dinar notes not being affected is NOT what we want genius.....
We WANT the value of the old dinar notes to be affected......I dont know about you or anyone else here but if the value is not effected, then we dont make any money!!
Posted 09 August 2012 - 10:24 AM
Actually, I think even this statement is open to interpretation as to how/if the old dinar is/isn't affected. Still too vague to draw any concrete conclusion.
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