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Showing content with the highest reputation on 12/29/2010 in all areas

  1. 9 points
    Dont beat up on the guy.....He does have a couple of valid points....I know its not what we wanna hear but Im sure he has Dinar just like you and me.......there is no deadline for the RV by 12-31.......period......thats just bad interpretations and spins put on articles to keep everyone excited.....you will be let down on that one if your hanging on for this so called deadline by end of year......and he does have a point about the foreign investors......yes a higher valued currency will help, but the main issue with them is STABILITY.......stability shown by the govt, by the people, by their economy as a whole.....thats why its still such a HUGE risk for outside investors......with stability everything else will fall into place......I know reality bites but some of us choose to stay grounded and level headed....dont hate on him for that......
  2. 8 points
    People often say "the 3 zeroes" because it is illustrative of how the bigger notes would be redenominated. What is really meant by a LOP though is moving the decimal 3 places to the left. So in theory the values would become: 25000 IDQ becomes 25.000 IQD 10000 IQD becomes 10.000 IQD 5000 IQD becomes 5.000 IQD 1000 IQD becomes 1.000 IQD 500 IQD becomes .500 IQD 250 IQD becomes .250 IQD 100 IQD becomes .100 IQD 50 IQD becomes .050 IQD I don't want a LOP to happen, but that's how it would effect each note.
  3. 6 points
    Here is somethinginteresting to think about guys. Did it ever occure to you as to why the UN suddenly decided to lift most of the sanctions on Iraq especially the economic sanction in the middle of December 2010? Why 15th DEcember 2010 and why not wait until 2011 lift the sanctions or even 2012.........seem like there is a rush for something doesn't it? Why did Obama suddenly extend the tax cut straight after the sanctions on Iraq were lifted? There are just to many things to list here that have suddenly occured or has been made official in December 2010 and most of it has only been in the last two weeks or even less. It could meanthat they plan to have an RV by the end of the year and start of Iraq's economy with a new currency rate in the SDR basket for the year 2011. Don't forget that before the UN lifted the sanctions before the government was formed, so if no RV is occuring by the end of this year why wouldn't the UN wait until next year to lift the sacntions and why is suddenly everything with Iraq falling into place so quickly more so than in the last 7 years? If you think about all this logically then you come to it that there is some thing really big about to explode very soon. I think they are 2011 RV fireworks, don't you? What do you think guys. RV 2010 !!!!!
  4. 6 points
    what???? thats 60 seconds of my life ill never get back.
  5. 5 points
    AND A HAPPY NEW YEAR TO YOU! GRINCH....
  6. 3 points
    Take it for what it is: Kaperoni Chat: Blaino & Okie 12/29/10 December 29, 2010 By Fred Wilson Leave a Comment [10:42:26] kaperoni : Let me prove my theory [10:43:07] kaperoni : Lets say they were going to LOP the “3 zero notes” as some have speculated…(and there wrong..lol) [10:44:21] kaperoni : Ok, lets say ur an Iraqi and you own 1 million dinar and it is all in 50 notes [10:45:36] kaperoni : now if a LOP happened, and the 25,000 note became 25 [10:45:58] kaperoni : that iraqi now has only 1000 dinar [10:46:13] kaperoni : but the guy next door who has 50 notes still has a million [10:46:26] kaperoni : cause his note did not LOP [10:46:39] kaperoni : you see what i am saying? not possible [10:47:09] kaperoni : once the introduction of the note with less than 3 zeros came into play at the current exchange rate, there cannot be a LOP [10:50:02] kaperoni : i keep looking at Shabibi’s words…i truely feel (this is my opinion) he wants to see the GOI offical which includes Allawi. Though i am optimistic we may see it by the end of the year, i am setting my sites on mid Jan now. 10:47:33] Blaino : Okie did not get calls re: Intel through the night! This is a very good sign as you consider his sources! If they have “No Changes” stance …. well, That is VERY GOOD news! The news is NOT a delay! The news is NOT a change in rate! The news is there is NO NEWS! Rejoice!
  7. 3 points
    PVS THANKS FOR POSTING THIS AND THANKS FOR BEING SOMEONE I CAN CALL FRIEND! GOD BLESS!!! LORD SEND THE RAIN!!!
  8. 3 points
    Steveo and the others that ask for links or proof ... do a simple google search for Paris Club, UNSC or any of the other organizations referenced by tuxunder and read the documents!!!! You will see for yourself there are no mandates, demands, ultimatums or anything else that state an rv has to occur by the end of 2010. There you will find the truth. I want this thing to RV as much as the next guy, but by reading factual documents instead of internet rumors, I have a much more realistic timeline as to when this will occur. Save yourself alot of stress and disappoint and do your own research, then perhaps you can better manage your expectations. Peace!
  9. 3 points
    Yea, same here. I gave you a + to level out. Lots of ppl on this board live in a dream land and won't let any other ideas enter their dense skulls. If you are going to be in this investment, you need to be able to entertain all possibilities of an outcome. I applaud some on here for having a good understanding of this but others should just sell out because if it doesn't RV they are going to have a heart attack.
  10. 3 points
    somthing is most definately goin on know way he would go up twice in one week!! do not say supply and demand either, this baby is fixn to pop. lets get er dun and party like crazy on the 31st
  11. 2 points
    Hold on a minute. Wingsofhope made a legitimate point and it's in the proper forum (Opinions ... etc.) Why couldn't the new rate be $.36? Saudi Arabia, UAE, and Qatar are all around $.27. They could RV in this range and then slowly raise it up to $3 in a managed float over a period of years. Why not? I think $.36 is more likely than $3.60 to be honest. My guess is that it will be over a dollar because they want their people using dinars instead of USD but who knows how this thing is going to unfold?
  12. 2 points
    Don't sweat the haters Wingsof hope , you have the right to ask any questions just like anyone else ( reguardless of how long ago you joined .) Keep the faith and enjoy whatever this investment bring to us! Uncle Barkie
  13. 2 points
    The world "is" expecting a hugh overnight RV, and the world economy is banking on it.
  14. 2 points
    keepm, Agreed, but do you really believe that stability could ever be achieved with a currency at 1170 to the US$ ???
  15. 2 points
    I can see from some of the post people are getting short. Must be the stress! Anyway, just sit back and don't do anything till the RV kicks in. We are all in the same pool. It could happen this week, (as we hope) or next year! Sit back and enjoy the ride. If you are in the VIP group you will get a e-mail and text message. If your not, you will hear of the RV just as quick I'm sure. The news passes around here like gas in church! Remember dreaming is free! See you at the Bank!
  16. 2 points
    Next you will see them jack it up to 1,000,000 for 950,000 lol
  17. 2 points
    as of current value of the dinar that still cant build something bigger than apu's quicki-mart. but if it rvs to anywhere near a dollar that place will prolly have gold plated flooring
  18. 2 points
    Not really sure if he "needed" to raise his prices to make more money? I would think he has buckets full of money already??? Maybe this is a sign of something good close by?!?
  19. 2 points
    Yes, and he jacked up the price he'll pay if you want to sell it back. Supply and demand - supply is getting tight and the price he pays is going up. Sounds like an indication that the RV isn't far away!
  20. 1 point
    4pm EST -- Wed. 12 / 29 / 10 Of interest is : What combination of factors are required to work together as an impetus or catalyst to cause the RV to occur within the next 8 months ? Senior members, as well as the informed and the informing, are encouraged to respond. Different points of view are welcome here. Substantiated positions based on facts and historical preferences and patterns even more welcome. Thanks. PS. We've all heard the old stuff about why the RV was supposed to happen years ago. New information strongly sought.
  21. 1 point
    I WAS READING A POST ABOUT THE BELIEF OF SOME PEOPLE THAT THE RV IS TO OCCUR BY THE 31ST OF THIS MONTH. THIS TOPIC BROUGHT OUT A LOT OF DIFFERENT REPLIES SOME WHICH INDICATED THAT IRAQ DOES'NT HAVE TO RV IF THEY DON'T WANT TO. OTHERS FELT IT HAD TO DO MORE WITH THE STABILITY IF IRAQ. ANYWAY I CAME AWAY WITH THE FEELING THAT WE REALLY ARE GUESSING . I THOUGHT IT WOULD BE A GREAT IDEA TO START A LIST OF FACTS TO SUPPORT THE IDEA OF AN RV. #1 THIS PAST SEPT OR SO IRAQ WAS TAKEN OFF THE OFAC LIST # 2 A BANKING MECHANISM WAS PUT IN PLACE PLEASE FORGIVE ME BUT I CAN'T REMEMBER THE NAME OF IT. IT HAPPENED AROUND OCTOBER IF THIS YEAR. #3 MOST OF THE SANCTIONS LIFTED #4 GOVERMENT PLACED IF ANYONE ELSE WOULD LIKE TO ADD TO THIS LIST PLEASE DO. AND IF THERE IS ANY COMMENTS ABOUT MY USE OF CAPS, WELL I DON'T CARE. I LIKE USING THEM.
  22. 1 point
    Let's juat say I live in Iraq and own a business and want to start trading internationally since the economic sanctions have been removed. How can I do that when we don't have an internationally tradable currency? Something has to be in place soon and I mean very soon. I'm pretty sure even investors or the like won't want to invest or trade internationally with Iraq until they have a tradable currency on the international market. RV 2010 !!!!
  23. 1 point
    Excuse Me!!!!! For those of you who are telling this poster to keep his opinion to himself, and do his reasearch ... First of all this IS the opinion forum. If you don't want to listen to an opinion, go elsewhere! Second, this poster IS doing his reasearch, in part by asking the opinion of other investors who perhaps have more on which to base an opinion. I am really surprised at the amount of intolerance and disrespect that gets shown here. Especially in a group of people I thought were mainly Christian defender of freedom. What? Once you are a vet, out of the service, you no longer have to uphold anyone's freedom ... to have and opinion, to post it, to ask questions? That's not the kind of military person, active or vet, I am used to and I suspect a lot of others find it insulting to other military vets too. smee2
  24. 1 point
    Just an observation nothing more.....Sorry if I hurt your feelings or diminished your seniority status, didn't mean to.. Thanks for the correction
  25. 1 point
    exactly, not to bash but if someone plans on making such a bold claim its best if you have research and or facts posted to back it up, otherwise your just chumming the waters!! GOD BLESS!! and prayers to a quick and prosperous iqd rv in 2010!!!
  26. 1 point
    The only reason you should worry is if you bit off more than you can loose. Additionally, worrying will not add one second to your life. Luke 12:21-27. Sit back, relax, and enjoy the dreams. There free! See you at the Bank!
  27. 1 point
    At whatever rate the CBI and IMF decide to revalue to I will be happy .. but .36 IQD / $1 would be an unbelievable dream. That would bring in $2,780,000 / 1 million IQD. However, I believe you meant to say $ .36 / 1 IQD ( that would be $360,000 / 1 million IQD.) What ever you intended to say , just hang in there and relax ... It will happen when it will happen and not a moment before or at a penny less than it is meant to. Uncle Barkie
  28. 1 point
    I received this as well and posted it on this site also. People gave me negative marks. I guess it is something they do not want to hear. Or they do not agree with David. There are so many different brokers, sellers, etc. I posted this info. so people would be aware of what is being said. KNOWLEDGE is POWER.
  29. 1 point
    Sounds like a rumor to me.
  30. 1 point
    Yes, it was posted by Jesusfreak and the point of it is...... (wiat for it)....... NOTHING This means nothing for Dinar RV, every 5 years the IMF adjusts the precentages of the 4 currincies that make up the IMF SDR. It happens every 5 years and has absolutly NOTHING to do with Iraqi Dinar.. In fact, the US % is going DOWN for this 5 year period, from 44% to 41.?%.... Just so not everyone gets all up-in-arms about it Don't go running to the bank, just yet.
  31. 1 point
    Excellent point Keep ...... STABILITY ..... it just one of the many factors that determine the value of a currency. For those doubting tuxunder and keep ... do a simple search for "What determines the value of a currency" .... its a short read, but very informative. Don't hate the player, hate the game. CURRENCY SPECULATION is not for the weak or febble minded!
  32. 1 point
    No, they do not have to RV. You are correct. But, if they don't, the only place to spend the Dinar will be within their own borders. Now, how will they grow as a country? As a tourist, I'll be damned if I'm going over there to lose a boatload of money on an exchange to see the countryside. Multiply me by millions and millions of people and you get my point. Americans have used a term in the past called isolationism. If that is truly what Iraq wants, then yes, they will not RV. Personally, I think they will.
  33. 1 point
  34. 1 point
    tux what makes u so shaw u know what ur talking about,u are just as bad as the pumpers in here ur entitled to your opinion,to me u sound like a negative person who knows just as much as everyone else......nothing........
  35. 1 point
    Sure did....I believe it was back in July?? He made a huge post about the smaller denoms being out and being used yet of course no evidence to be found anywhere!! And I was one who questioned him on it and got attacked just because I didnt believe him....as if just because he is doing his part for our country that I must take his word as the voice of god......he said over and over that he would get the evidence to prove to everyone and guess what?? He never spoke of it again.....
  36. 1 point
    Was your text from someone in Iraq (ie. firsthand information) or was it from a firend of a friend of a friend? Also, when did you get the text? Thanks
  37. 1 point
    As I posted before- I have SOLID intel for this year! My pet rock told me and it was later confirmed by my magic 8 ball. I have em both in my pocket right now!
  38. 1 point
    Oh yeah, I also failed to mention that in the LOP scenario, the purchasing power of each dinar would be multiplied by 1000, effectively canceling out the decimal shift. The point of the LOP would be to simplify things from a number standpoint, and bring their currency back in line with the rest of the world. No one would lose money under this scenario, but you wouldn't gain anything either. That is, unless the currency rises in value on the open market or is RV'ed from the redemoninated value, which is a strong possibility.
  39. 1 point
    That is what I was thinking when I saw the title of the post. How big is this mall going to be and will it have a roof. Go RV!
  40. 1 point
    Wow, someone gave me a - for trying to explain how a LOP would effect each note. Not that I care, but what a jerk!
  41. 1 point
    Im gonna have to second that notion...... Sounds like the same words Frank "the riddler" used to tell people why he thinks its goin to RV at 3.86 lol.....
  42. 1 point
    Danneed....that was funny Jimmy....jimmy......jimmy There is absolutely NO reason why the Rv can't happen right now or anytime in the future. Everything is in place that needs to be there for this to go. So, stop looking for the smoking gun....there aint one Whatever is holding this thing up is only known to the guy(s) in Iraq and we've already seen that they have no rhyme or reason to their scheduling. As a matter of fact the only thing we can count on from them is that they don't give a tinkers dam about anybody's time tables or deadlines. So, be cool and wait
  43. 1 point
  44. 1 point
  45. 1 point
    IMO this could mean multiple things,most obvious supply & demand...........................................................GO RV 2010 BABY!!!!!!


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