Wiljor Posted November 15, 2016 Report Share Posted November 15, 2016 1 hour ago, yota691 said: GM LGD and all of DV..I don't know about all that..these articles speak of the subject but in reality the CBI not gonna broadcast it true intention if monetary value is involved...ain't gonna happen...but they have stated they want to give purchasing power to the citizens from past articles...which is what they had in the past...Hope everybody has a Bless Day... And a good morning to you as well Yota and DV, IMO the Iraq Dinar in being forcefully kept below its true value, what the true value is is pure guess at this time. As of late we have been seeing many many articles about currency reform, deletion of zeros, Iraq stock exchange, 2017 budget, security and on and on. Iraqs mission is to regain its place as a global player, become a nation of peace, wealth, prosperity for its citizens. Over the years we have seen (some more then others) many hurdles and obstacles to overcome, and although we have seemingly been here before, we have not seen the flurry of activity going on lately. Again, imo, I totally agree with Yota's comment above, especially about Iraq announcing any kind of RV. 6 Quote Link to comment Share on other sites More sharing options...
DinarThug Posted November 15, 2016 Author Report Share Posted November 15, 2016 This Just In From Guru Central ! 11-15-2016 Newshound Guru Kaperoni For those who don't know, deleting or dropping the zeros in the case of Iraq won't happen overnight. It's going to take time. The zeros will go away one by one as the dinar rises in value. What causes the value to rise is what is known as "supply and demand" Or what some call "market forces". Meaning as investors and investment comes into Iraq, it will drive the value of the dinar up...Which will cause the zeros to go away naturally over time. There is no RV or single event. This is well documented in the IMF...Stand by Agreement. 11-15-2016 Newshound/Intel Guru BGG [...if three zeros are removed, a hypothetical is, eight $25,000 note would become a $25 note is that correct?] First off - it's a 25k DINAR note... worth $25 USD (currently)...and when they get done revaluing - no matter what the USD value is - or should be OUT OF IRAQ...inside Iraq - 1 Dinar will still be worth 1 Dinar...a Dinar is a Dinar... so ask yourself - again, when they are writing these articles about their currency - who are they talking to? Iraqi's - where a Dinar is still going to be worth a Dinar...so what are they removing? ...it's NOT A LOP - that is what taking a 25k (IQD) note to a 25 IQD note would be - and there's NO WAY...So...if it's NOT NOMINAL VALUE... AKA - .0086 >> .86 and it's NOT A LOP... AKA 25,000 = a 25 IQD note...then what is it? a removal of the bigger - 3 zero notes over a period of time... 11-15-2016 Newshound Guru mike Article: "CBI decision to remove three zeros from the currency of Iraq beginning in 2017" ...even if they "start" the process in 2017, there's still a ton of work to be done. We know they need to fix the MCP and liberate the exchange, but they also need legislation to encourage the foreign capital needed to rebuild. Some kind of economy is also going to be required to create demand for Iraqi products as well. Here's hoping they get on the ball and demonstrate a movement towards the open market economy instead of talking about beginning the process, the sooner they do, the sooner they'll get to a dime. 11-14-2016 Intel/Newshound Guru Mnt Goat Article: "...the official source in the Iraqi Central Bank stressed that the purpose of deleting three zeros from the currency of Iraq is to lift the economy and prosperity to raise support for the dinar, which will be a key reason for the return of Iraq's economy again in January 2017.." WOW! Now they even gave us a closer timeframe. They actually said January of 2017 not just early in 2017…WOW! So we are getting very close to this target. I am very excited and so should you. 7 1 Quote Link to comment Share on other sites More sharing options...
climber7 Posted November 15, 2016 Report Share Posted November 15, 2016 2 hours ago, Wiljor said: And a good morning to you as well Yota and DV, IMO the Iraq Dinar in being forcefully kept below its true value, what the true value is is pure guess at this time. As of late we have been seeing many many articles about currency reform, deletion of zeros, Iraq stock exchange, 2017 budget, security and on and on. Iraqs mission is to regain its place as a global player, become a nation of peace, wealth, prosperity for its citizens. Over the years we have seen (some more then others) many hurdles and obstacles to overcome, and although we have seemingly been here before, we have not seen the flurry of activity going on lately. Again, imo, I totally agree with Yota's comment above, especially about Iraq announcing any kind of RV. Good morning DV,Wiljor, and Yota Loving all the positive articles and explanations, but the one thing I'm still struggling with is the fact they ARE announcing all these intentions. I thought the idea was to NOT announce the time frame for this to discourage people from rushing to buy up dinar. I know some have tried to explain this but sometimes you can hear something one way--and not 'get it'--but someone can say/explain it another way and it 'clicks'. Still hoping someone can explain why all this announcing of plans, intentions, and time frame in January isn't a bad thing? 1 Quote Link to comment Share on other sites More sharing options...
Officiallytook Posted November 15, 2016 Report Share Posted November 15, 2016 No it's all part of the design, they can spring it any time before, or after, this is more of information to the Iraqi people, and I thought Iraq 2017 is already underway, when the most of the world's still waiting for it, so really this is a any day type of situation atm as I see it... 1 Quote Link to comment Share on other sites More sharing options...
jcfrag Posted November 15, 2016 Report Share Posted November 15, 2016 19 minutes ago, Officiallytook said: No it's all part of the design, they can spring it any time before, or after, this is more of information to the Iraqi people, and I thought Iraq 2017 is already underway, when the most of the world's still waiting for it, so really this is a any day type of situation atm as I see it... According to kaperoni, it ain't happening "as an event"..... Quote Link to comment Share on other sites More sharing options...
climber7 Posted November 15, 2016 Report Share Posted November 15, 2016 40 minutes ago, jcfrag said: According to kaperoni, it ain't happening "as an event"..... Which makes logical sense though it's not what we would prefer I still hope I'm wrong though 1 Quote Link to comment Share on other sites More sharing options...
jcfrag Posted November 15, 2016 Report Share Posted November 15, 2016 Makes two of us! I'm already shopping for my new Mercedes! 2 Quote Link to comment Share on other sites More sharing options...
kjwayne Posted November 15, 2016 Report Share Posted November 15, 2016 18 minutes ago, jcfrag said: Makes two of us! I'm already shopping for my new Mercedes! I been shopping for one for over six years now but I still want one. Best car I have ever rode in ! S550 2 Quote Link to comment Share on other sites More sharing options...
Palmtree1970 Posted November 15, 2016 Report Share Posted November 15, 2016 I will believe anything when I see it at the moment it all sounds like more please do something with the dinar so I can somewhere hot lol....... 2 2 Quote Link to comment Share on other sites More sharing options...
Officiallytook Posted November 16, 2016 Report Share Posted November 16, 2016 S550 is cool and all...but think I'm going CoPo or SS 1LE with supporting modifications 1 Quote Link to comment Share on other sites More sharing options...
Palmtree1970 Posted November 16, 2016 Report Share Posted November 16, 2016 We will see Botzwana Do you really believe what they say every time.......who's jaded?????? I Hope something happens soon.. 3 2 Quote Link to comment Share on other sites More sharing options...
kjwayne Posted November 17, 2016 Report Share Posted November 17, 2016 On 11/16/2016 at 1:18 AM, Officiallytook said: S550 is cool and all...but think I'm going CoPo or SS 1LE with supporting modifications First buy will be S550 THEN SL63AMG ! That's why that make all of those cars and colors, different strokes for different folks. Enjoy anything that GOD puts before us ! 1 Quote Link to comment Share on other sites More sharing options...
Officiallytook Posted November 17, 2016 Report Share Posted November 17, 2016 3 hours ago, kjwayne said: First buy will be S550 THEN SL63AMG ! That's why that make all of those cars and colors, different strokes for different folks. Enjoy anything that GOD puts before us ! Exactly (supporting modifications : 2500+ HP sleeper) Quote Link to comment Share on other sites More sharing options...
rendog Posted November 17, 2016 Report Share Posted November 17, 2016 I'm sure an explanation to this question has been given multitudinous times, and I still don't get it: When the conversation involves the deletion of the three-zeros, and every note I possess has three zeros, where does such a deletion leave me? Thanks 2 1 Quote Link to comment Share on other sites More sharing options...
Synopsis Posted November 17, 2016 Report Share Posted November 17, 2016 2 hours ago, rendog said: I'm sure an explanation to this question has been given multitudinous times, and I still don't get it: When the conversation involves the deletion of the three-zeros, and every note I possess has three zeros, where does such a deletion leave me? Thanks Taken from www.xe.com XE Currency Converter: IQD to USD Read important information about the IQD.1 IQD =0.000845666USD➔ Iraqi Dinar1 IQD = 0.000845666 USD ↔ US Dollar1 USD = 1,182.50 IQD Live mid-market rate 2016-11-17 20:14 UTC The removal of the three zeros for us in the US would be to remove the three zeros immediately to the right of the decimal point. There was another recent article stating the IQD is pegged and is projected to remain pegged to the USD. If there was a straight removal of the three zeros and hold at 1 IQD = 0.845666 USD then the 25,000 IQD note is worth 21,141.65 USD. There are also articles that suggest the dinar will return to the "former glory" of nominally 1 IQD = 3.22 IQD. In that case, the 25,000 IQD note is worth 75,000 USD. You likie? 12 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted November 17, 2016 Report Share Posted November 17, 2016 21 minutes ago, Synopsis said: Taken from www.xe.com XE Currency Converter: IQD to USD Read important information about the IQD.1 IQD =0.000845666USD➔ Iraqi Dinar1 IQD = 0.000845666 USD ↔ US Dollar1 USD = 1,182.50 IQD Live mid-market rate 2016-11-17 20:14 UTC The removal of the three zeros for us in the US would be to remove the three zeros immediately to the right of the decimal point. There was another recent article stating the IQD is pegged and is projected to remain pegged to the USD. If there was a straight removal of the three zeros and hold at 1 IQD = 0.845666 USD then the 25,000 IQD note is worth 21,141.65 USD. There are also articles that suggest the dinar will return to the "former glory" of nominally 1 IQD = 3.22 IQD. In that case, the 25,000 IQD note is worth 75,000 USD. You likie? Oh yes! 7 Quote Link to comment Share on other sites More sharing options...
blueskyline Posted November 17, 2016 Report Share Posted November 17, 2016 9 hours ago, kjwayne said: First buy will be S550 THEN SL63AMG ! That's why that make all of those cars and colors, different strokes for different folks. Enjoy anything that GOD puts before us ! I always said my vehicle purchase would depend on the latest model and the coming season. Looks like a Black Mercedes G63 for me . Maybe we can negotiate a group rate !!! 3 Quote Link to comment Share on other sites More sharing options...
Flash101 Posted November 17, 2016 Report Share Posted November 17, 2016 37 minutes ago, 6ly410 said: Oh yes! Now that would make America great again. 101 3 Quote Link to comment Share on other sites More sharing options...
Flash101 Posted November 17, 2016 Report Share Posted November 17, 2016 6 minutes ago, Flash101 said: Now that would make America great again. 101 The economy would strengthen The National debt would be reduced BIG time cause of the capital gains tax PPL would go back to work making the things we just bought Bills would be PAID OFF And the banking industry would come to you for a change just like good ole Mr. Drysdale did We'd all be the Clapets w/that cement pond in the back 101 1 Quote Link to comment Share on other sites More sharing options...
pokerplayer Posted November 17, 2016 Report Share Posted November 17, 2016 While it is hard not to get really excited, 13 + years in this has taught me to be cautious of messengers bearing fruit which sometimes turns out to be spoiled. pp 3 Quote Link to comment Share on other sites More sharing options...
gregp Posted November 17, 2016 Report Share Posted November 17, 2016 1 hour ago, Synopsis said: Taken from www.xe.com XE Currency Converter: IQD to USD Read important information about the IQD.1 IQD =0.000845666USD➔ Iraqi Dinar1 IQD = 0.000845666 USD ↔ US Dollar1 USD = 1,182.50 IQD Live mid-market rate 2016-11-17 20:14 UTC The removal of the three zeros for us in the US would be to remove the three zeros immediately to the right of the decimal point. There was another recent article stating the IQD is pegged and is projected to remain pegged to the USD. If there was a straight removal of the three zeros and hold at 1 IQD = 0.845666 USD then the 25,000 IQD note is worth 21,141.65 USD. There are also articles that suggest the dinar will return to the "former glory" of nominally 1 IQD = 3.22 IQD. In that case, the 25,000 IQD note is worth 75,000 USD. You likie? Oh yea baby! Keep talking dirty! Quote Link to comment Share on other sites More sharing options...
boosterbglee Posted November 17, 2016 Report Share Posted November 17, 2016 Synopsis.....you sure have a way with words and numbers! 1 Quote Link to comment Share on other sites More sharing options...
MyLadiesDaddy Posted November 18, 2016 Report Share Posted November 18, 2016 2 hours ago, Flash101 said: The economy would strengthen The National debt would be reduced BIG time cause of the capital gains tax PPL would go back to work making the things we just bought Bills would be PAID OFF And the banking industry would come to you for a change just like good ole Mr. Drysdale did We'd all be the Clapets w/that cement pond in the back 101 Not to mention the trillions of dinars that the U.S. Government owns. Somehow I think that this was the whole idea all along, but then we had a change of political leaders in America and Obama was either more concerned with Iran and his legacy or destroying America than putting another bandaid on our fiscal economy. No matter now we have Trump wanting to put the last man to run against Obama as Secretary of State. And he's doing that after Romney did everything he could to stop Trump from getting elected, things that make you go HUUUUUMMMMMM. 5 Quote Link to comment Share on other sites More sharing options...
Synopsis Posted November 18, 2016 Report Share Posted November 18, 2016 2 hours ago, boosterbglee said: Synopsis.....you sure have a way with words and numbers! Thank You, BoosterBGlee! I just wish I had a way with that elusive RV Button. I'd have at it real quick! 1 Quote Link to comment Share on other sites More sharing options...
Flash101 Posted November 18, 2016 Report Share Posted November 18, 2016 16 hours ago, ladyGrace'sDaddy said: Not to mention the trillions of dinars that the U.S. Government owns. Somehow I think that this was the whole idea all along, but then we had a change of political leaders in America and Obama was either more concerned with Iran and his legacy or destroying America than putting another bandaid on our fiscal economy. No matter now we have Trump wanting to put the last man to run against Obama as Secretary of State. And he's doing that after Romney did everything he could to stop Trump from getting elected, things that make you go HUUUUUMMMMMM. I gotta agree w/u lGD +1 from 101 2 Quote Link to comment Share on other sites More sharing options...
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