millionaire in training Posted November 1, 2015 Report Share Posted November 1, 2015 (edited) Urgent Update11/1/2015 The Governor of the Central Bank of Iraq announced today that Iraq still enjoys a comfortable reservoir of foreign cash currency. He also pointed out that Iraq's reserves estimated at more than 1,500%, showing us that it is not only possible that the dinar could revalue overnight by a 1,000% but is probable that the real value of the dinar will be at least $1 USD to 1 IQD.QUOTE: Keywords and said that Iraq has a reserve of cash currency, which protect him from falling into a severe economic crisis, or the inability of the State to provide the employees' salaries, and cover the projects, "pointing out that" Iraq reserves estimated at more than 1,500%." The CBI Governor went on to say that the deletion of zeros will take place in the event that administrative and security stability can control the state of the markets, which we are witnessing under our market watch thread (LINK), the market rate is stable at 1215. And with other austerity measures underway, the reform packages in placed and implemented, the market rate will remain stable and even gain ground against the dollar over these next few months. QUOTE: He said the central bank governor that the issue of deletion of zeros from the currency, will be in the event of an administrative and security stability can control the state of the markets, and the imposition of standardized pricing on goods.Standardized pricing on goods is the key for a large revaluation folks!OK as I stated last week, we should start seeing news concerning the deletion of the zeros real soon if I am correct that the first of the year should bring currency reform to Iraq. Not only are we hearing news as I predicted but we are hearing it straight from the horses month himself. And he says what we are looking for is probable!!!!Read both articles by click on this title link below:Keywords: Iraq enjoys a comfortable cash reserve of cash foreign currency Edited November 2, 2015 by Markinsa Removed Links to "Other" Site | See Forum Rules 14 Link to comment Share on other sites More sharing options...
new york kevin Posted November 2, 2015 Report Share Posted November 2, 2015 This is a great RE-confirmation of the CBI's stated intent to get the IQD to a $1.00 - $1.17 to 1 IQD ratio and then let it rise or fall on a market float or a combination managed & market float basis. Thanks for that link! 3 Link to comment Share on other sites More sharing options...
chess Posted November 2, 2015 Report Share Posted November 2, 2015 ......yaaaaay.....just HATED my paper route! 4 Link to comment Share on other sites More sharing options...
millionaire in training Posted November 2, 2015 Author Report Share Posted November 2, 2015 Im just very surprised that the CBI would be saying anything at all. Weren't they supposed to keep this quiet? 3 Link to comment Share on other sites More sharing options...
balkanbob Posted November 2, 2015 Report Share Posted November 2, 2015 i'd take a dollar or anything above that would make retirement more interesting. I could be that rich uncle that everyone wants. 5 Link to comment Share on other sites More sharing options...
10 YEARS LATER Posted November 2, 2015 Report Share Posted November 2, 2015 Here's to possibly spending perhaps only 1/2 the winter in the FRIGID -50 degrees + howling winds in the North Dakota Oil Patch ? Guess, as always, we'll see 2 Link to comment Share on other sites More sharing options...
new york kevin Posted November 2, 2015 Report Share Posted November 2, 2015 i'd take a dollar or anything above that would make retirement more interesting. I could be that rich uncle that everyone wants. I like the way you think Bob. They won't think I am so crazy then. I will likely let them and my sisters think that I had a good retirement plan. Money can effect all kinds of people weird-like.I just don't know about telling my outside family. 6 Link to comment Share on other sites More sharing options...
sandfly Posted November 2, 2015 Report Share Posted November 2, 2015 THANKS 2 1 Link to comment Share on other sites More sharing options...
DinarThug Posted November 2, 2015 Report Share Posted November 2, 2015 I like the way you think Bob. THANKS I LIKE THE WAY U 'THANK' BOB ... 1 Link to comment Share on other sites More sharing options...
Antietam Posted November 2, 2015 Report Share Posted November 2, 2015 I think we all agree that a re-issue of currency without the zeros is a LOP, and that is NOT, repeat, NOT what we what. A re-issue of currency requires the old three zero notes to be EXCHANGED. This is not hard to do in iraq, but will be a nightmare for Americans. His words were, "the issue of deletion of the zeros from the currency". Can some one please explain how this statement doesn't mean a redenomination? We do NOT want a redenomination, people! And, they cannot just remove the three zeros from the decimal exchange rate, ie .00086 to .86 ( 1 to 1) because all their currency is 1000 times too much for that to happen. The market place could not function. The reduction in decimal exchange rate, .00086 must occur at the same time as the issuance of new ISO coded zeroless currency. We do NOT want that. We do NOT want a new ISO code. We want our current bills to simply increase in value. Let's hope this is just another mis-translated iraqi statement, which we have seen many times before. 7 2 Link to comment Share on other sites More sharing options...
Freedomwish Posted November 2, 2015 Report Share Posted November 2, 2015 Just waiting to hear what big brother Adam will say.....hopefully soon. As we say, keeping the faith! Link to comment Share on other sites More sharing options...
Candy01 Posted November 2, 2015 Report Share Posted November 2, 2015 10 YEARS, ND sounds HORRIFIC in the winter! PRAYING you and all of us get our WISH!! 1 Link to comment Share on other sites More sharing options...
SnowGlobe7 Posted November 2, 2015 Report Share Posted November 2, 2015 north dakota cats be like 5 Link to comment Share on other sites More sharing options...
SgtFuryUSCZ Posted November 2, 2015 Report Share Posted November 2, 2015 ND sounds HORRIFIC in the winter! ***/// 40 below and confined to quarters because frost bite means an Article 15 for "destruction of Gubment Property".... Plugging the car's block heater in and having it still not start in order to get to the flight line.... sigh. Having to trudge through massive drifts and sliding precariously across sheer ice just to get to the Officers Club... Wearing Inflatable Bunny Boots with Class A's.... Putting on a Parka in August and not taking it off until June..... Those were the days, CANDY... those were the days.... sigh.... 2 Link to comment Share on other sites More sharing options...
SnowGlobe7 Posted November 2, 2015 Report Share Posted November 2, 2015 ...and that is why the BUSH looks sooooo good!!!! 2 Link to comment Share on other sites More sharing options...
BJinMontreal Posted November 2, 2015 Report Share Posted November 2, 2015 ...and that is why the BUSH looks sooooo good!!!! Excuse me ... Ummm ... who's BUSH ? 1 Link to comment Share on other sites More sharing options...
SnowGlobe7 Posted November 2, 2015 Report Share Posted November 2, 2015 (edited) LOL the ladies like to "vacation" in what they call the BUSH (Panama) Edited November 2, 2015 by SnowGlobe7 4 Link to comment Share on other sites More sharing options...
SgtFuryUSCZ Posted November 2, 2015 Report Share Posted November 2, 2015 ...and that is why the BUSH looks sooooo good!!!! ***/// Exactly, SNOWCAT ! Excuse me ... Ummm ... who's BUSH ? ***/// The Panamanian jungle, you freak of nature ! Shame on you ! LOL the ladies like to "vacation" in what they call the BUSH (Panama) Yup ! 1 Link to comment Share on other sites More sharing options...
chess Posted November 2, 2015 Report Share Posted November 2, 2015 .......Geo.?? Link to comment Share on other sites More sharing options...
SgtFuryUSCZ Posted November 2, 2015 Report Share Posted November 2, 2015 .......Geo.?? ***/// Naw.... not THAT illuminati tool..... nor his kommon kore impaired brother, either ! 1 Link to comment Share on other sites More sharing options...
BJinMontreal Posted November 2, 2015 Report Share Posted November 2, 2015 ***/// Exactly, SNOWCAT ! ***/// The Panamanian jungle, you freak of nature ! Shame on you ! Yup ! Well ... I never said I was averse to the bush ... in fact there's always time for a little exploration from time to time ... 1 Link to comment Share on other sites More sharing options...
SgtFuryUSCZ Posted November 2, 2015 Report Share Posted November 2, 2015 Well ... I never said I was averse to the bush ... in fact there's always time for a little exploration from time to time ... ***/// ...here kitty, kitty, kitty.... Link to comment Share on other sites More sharing options...
The Machine Posted November 2, 2015 Report Share Posted November 2, 2015 a 1000% RV would still be fractions of a cent 4 Link to comment Share on other sites More sharing options...
SnowGlobe7 Posted November 2, 2015 Report Share Posted November 2, 2015 ***/// ...here kitty, kitty, kitty.... 2 Link to comment Share on other sites More sharing options...
speculator2 Posted November 2, 2015 Report Share Posted November 2, 2015 A 1:1 reval would be a dream..!! Bring it on.... 1 Link to comment Share on other sites More sharing options...
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