L.H. Posted February 11, 2010 Report Share Posted February 11, 2010 Hello everyone,Since you all asked me many times in the chat room today to repeat my news, I was told to post it here at the rumor page. My husband works in Iraq and has many contacts to Iraqis in high positions. I can't tell you what he does there or where he is but it's trust worthy source. I was told by my husband today that one of his Iraqi intelligence contacts talked today for the first time about an RV. He knows that guy very good by now and has daily contact with him and others. However, the Iraqi contact said that they will simply take off some zeros. No one knows when or how much it is going to RV. But it is interesting to know that they are talking about it now at those places. That's all. I just wanted to let you know so I don't have to repost it in the chat room over and over again. Have a wonderful day everyone. )))) Link to comment Share on other sites More sharing options...
JOHNJOHNNY Posted February 11, 2010 Report Share Posted February 11, 2010 as long as they RV them take off the 000 Link to comment Share on other sites More sharing options...
CaptainConrad Posted February 11, 2010 Report Share Posted February 11, 2010 What's the news again ? Link to comment Share on other sites More sharing options...
kizer8 Posted February 11, 2010 Report Share Posted February 11, 2010 I don't understand. What does taking off the zeros mean? Link to comment Share on other sites More sharing options...
quadraph0nic Posted February 11, 2010 Report Share Posted February 11, 2010 It means your not going to be a millionare but at the same time be thankful that its not going to tank... Link to comment Share on other sites More sharing options...
butterfly_ Posted February 11, 2010 Report Share Posted February 11, 2010 nothing...we're more interested in the RV...that should be caused by the taking off of the 000. Link to comment Share on other sites More sharing options...
dawn1day Posted February 11, 2010 Report Share Posted February 11, 2010 If they just take off the ooo. Then it will not benfit them in any way, they will still have no value to there money. So to make any gains in there economy then they will have to revalue. The whole idea behind this is so the economy there will get better. And the people will have more money to buy things . And to be able to get out of the poverty conditions that they are in. Link to comment Share on other sites More sharing options...
The Watcher Posted February 11, 2010 Report Share Posted February 11, 2010 OK, so they RV, then take off the zeros. This is the only way this would ever work, not just for us investors, but for governments and Iraqis as well. Link to comment Share on other sites More sharing options...
Torey0112 Posted February 11, 2010 Report Share Posted February 11, 2010 Basically we break even.. Oh well .. Fun ride!! Link to comment Share on other sites More sharing options...
dklll Posted February 11, 2010 Report Share Posted February 11, 2010 know one dinar is .ooo86573 take off 3 zrero .86 / this is what i understand. thanks Link to comment Share on other sites More sharing options...
markb57 Posted February 11, 2010 Report Share Posted February 11, 2010 ok, I know this has been beat in the ground but lopping 3 0's to me is not good. isnt that just breaking even or am I missing something/ Take a 25,000 note and make it 25. So it rv's at1.00. So now you have $25.00 instead of $25000.00 dollars. what am I missing? Link to comment Share on other sites More sharing options...
Jewel Posted February 11, 2010 Report Share Posted February 11, 2010 LH thank you for posting will remember to keep your husband covered in prayer but I am not sure I understand what y ou mean by just take off zeros, saying that without saying anything else only add confusion to my mind. I read and hear about the taking off zeros in the media and hear all the gurus opinions but this statement with nothing else added seems unfinished, to me it needs some clarity. Thanks Link to comment Share on other sites More sharing options...
mrref Posted February 11, 2010 Report Share Posted February 11, 2010 So many stories, zeros off, zeros on, zeros off, zeros on, who in the h--l really knows, does anyone know, I don't think so, you know what, I'm just waiting, what ever will happen will happen..... Link to comment Share on other sites More sharing options...
k98nights Posted February 11, 2010 Report Share Posted February 11, 2010 When will y'all get over this ridiculous lop business? There's no sense in a lop at all. Link to comment Share on other sites More sharing options...
quadraph0nic Posted February 11, 2010 Report Share Posted February 11, 2010 your right lopping is bad. When or how it will go down? who knows...we are their mercy and I'm pretty sure they are not concerned about us. They are concerned about themeselves and their country as they should be... Link to comment Share on other sites More sharing options...
CoffeeDave Posted February 11, 2010 Report Share Posted February 11, 2010 Sounds like a lop to me if they lop it is no good for us. Link to comment Share on other sites More sharing options...
djmom Posted February 11, 2010 Report Share Posted February 11, 2010 I saw on another post that Ali from Dinar Trade said that was not going to happen -- for some reason -- I believe him. Link to comment Share on other sites More sharing options...
morrisw2 Posted February 11, 2010 Report Share Posted February 11, 2010 dklll: You made a good point. I think this is at the heart of the communication problem we have been hearing for a week. Some people have believe that the $25,000 note become $25 by taking off three "000". I understand that to be a lop and a devaluation. Your point is that the "0.00086" becomes "0.86" which is NOT A LOP and increases the value. Link to comment Share on other sites More sharing options...
whisky runner Posted February 11, 2010 Report Share Posted February 11, 2010 i know you got that right ... -2 zeros .086 -1 zero .0086 ... not taking the 3 zero notes ... no lop ... just going to revalue the dinar ... Link to comment Share on other sites More sharing options...
clkelle Posted February 11, 2010 Report Share Posted February 11, 2010 It could also mean take off the 3 0's from the paper. So 1000000 dinar would be equilivent to 1000 then say with a rv of 2.00. not what we want to happen. if they take the 3 0's off the .000855 and revalue also then 1000000 dinar @ 2.00 takes us to the promised land. Link to comment Share on other sites More sharing options...
dpm4321 Posted February 11, 2010 Report Share Posted February 11, 2010 ppfffffff... thanks... i could write tht too.. Link to comment Share on other sites More sharing options...
Short6 Posted February 11, 2010 Report Share Posted February 11, 2010 Here is what I have been able to comprehend! They will relvalue first! (Rate not know ) then collect all the large notes (cashed in) with many zeros 25,000 and take them out of circulation by issueing smaller denoms or just adjusting your account balance to reflect the revalue. This benefits all!If they LOP three zeros then revalue then your profit margin is simply the RV rate, Ex. 25,000 no equal 25.00 dollars and an RV rate at 3.00 then now you have 75.00 dollars. More than you originally invested but not the big profits that everyone hoped for??? Lets hope the first example is the ERM they have choosen. It benefits all! Yes it costs more but, their economy will be better for it! and I for one will be very happy to continue to invest in Iraq! IF they LOP my *** I'm not going to be a happy camper! I'll buy me a horse and buggy and smell a horse's *** everywhere I go! LOLssssss! Go big or stay home Iraq!!!!! Link to comment Share on other sites More sharing options...
Traconesu02 Posted February 11, 2010 Report Share Posted February 11, 2010 I dont know what everyone is worried about. It is going to RV and how ever they decide to RV will be. How they RV will not be determined on any of our opinions. And at the time it RV's then and only then are you going to have any say in what happens next and that will be our decision what we wish to do with the dinar that we own. That is it. So set back and enjoy the ride, because it is out of our control. Link to comment Share on other sites More sharing options...
clientcard Posted February 11, 2010 Report Share Posted February 11, 2010 Off the exchange rate Link to comment Share on other sites More sharing options...
successphil12 Posted February 11, 2010 Report Share Posted February 11, 2010 DkLLL that makes more sense as Ali has already said it was not true. Link to comment Share on other sites More sharing options...
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