honeybee

"He continued: our budget relating to the conservation of its resources, is done by combating inflation. Stressing that the bank had several measures including raising the dinar exchange rate. Read more:

Not meaning to be "mean", as you have said, but a picture of "a set" of 14 denom's talks and something else that draws flies walks.... How about a pic of your friends 14 denominations of IQD?

I agree with you as to the novelty of the three 5's; the 823 years between them, however, is a misnomer. If you follow this link: http://www.snopes.com/inboxer/trivia/fivedays.asp you ill find that this phenomena actually occurs every 11 years. Snopes actually will walk you through the cycle. Still.... it stirs interest.

" the closest the IQD has ever gotten to RV " Now that's a head scratcher I don't think anyone could measure how close the dinar came to RV, if it ever did[/i][/b] [/size][/color] Even if you don't share the fresh hope of the latest circumstances in relationship to all the other "high alert rumor" seasons (I'm not being critical. I do understand what a long and grueling haul this has been for many.) At least by virtue of a linear time continuum, we are closer than ever before to the day the first major upward IQD RI/RV event occurs, and by circumstance, there has not been this level of pressure for such an event to my knowledge. Do you recall a situation of more seriousness and external pressure from the outside of Iraq as well as the internal pressure without open chaos?

This is definitely the most pressure the Iraqis and the CBI have been under to both form a GOI as well as RI/RV the IQD. The world is hearing the gurgle of the whirlpool in the center of the economic flush that's been occurring, and the major players are desperate for an economic reboot. Iraq is the only single nation with a currency that has enough natural resources to sustain a huge jump up in the value of its currency which so many of the major player govt.'s hold. The pressure is at least a couple of atmospheres more than ever before, and the U.S. is intent on continuing to withdraw troops and financial support. It is inconceivable to think of the IMF not ripping the rug out from under Reuters and all the other share holders of the CBI when the CBI stands apart as an entity separate from the GOI, yet stranger things have happened! It is one thing to listen to all the chatter of the others who have been positive for so long, but when keepem swung to the "it's a go!" column, it was like the scales tipped and you could see the rear of the roller-coaster whipping over the top. To be sure, this is the closest, circumstantially, the IQD has come to an RI/RV! Ever! The wind is blowing and the waters are staring to part. Tighten the thongs on your sandals, and gird up your loins for run....

First off, the 25,000,000,000,000 was the total amount of the new IQD printed, not the anount in circulation in Iraq. Secondly, if you would simply read the Plan I & II described by the Economist on the top of the rumors page we wouldn't need to have this conversation. Thirdly, you never answered my question about your sources. Where are you hearing 72 trillion dinar?

Where are you hearing 72 Trillion? We Know that 25 Trillion were printed at one time and that not all of those were released in order to back the digital currency that is held by Central Banks of "foreign nations". The "credit accounts you infer exist are actually non-existant if you are referring to foreign nations. The foreign nations own foreign currency thru their Central Banks, and in a digital world, the nation of origin for the currency must hold a verifiable amount of currency (not to be confused with what backs their currency) in order for that digital holding to be validated. Since there were only 25 trillion of the new currency printed, where does the number 72 come from? And, since rumor has it that 70% of the 000's dinar within the nation of Iraq have been removed from circulation, it seems obvious to me there is less than 25 trillion dinar in circulation. I know this is a "rumor" site, but do you have a link for the 72 Trillion "rumor"? I'ld like to take a peek at that reference.

Scooby Doo is MrRight on this one! Does anyone remember Tom Clancy's "Clear and Present Danger"? The scene where the Special Ops boys paint the car outside the Cartel-King's party gathering? Does anyone really think that Mal's personal Army can keep him safe in this day and age? If so, you need to step outside and breath some non-****** produced air.

Also remember to remind them that even though this "investment" has not moved in deflationary value for over 1.5 years, it has increased in value over 40 percent for those who have held it since 2004. Ask them if they could direct you to something in the S&P that has increased just 30 percent in the last 6 years! There are none so blind as those who refuse to see.....

Try to remember this and you probably won't stray too far from the truth (reality). Banks, all banks, do basically two things; they buy and sell money! Whether the sale takes place in the form of checking and savings or loans, CD's or any other investment option, the odds are almost always stacked in favor of the casino, errrrr - I mean bank. The bottom line (no pun intended) is that they are in business to make a profit off the sale transaction of money, currency, jack, moola.... The day that a bank passes up the opportunity to make a profit, with little risk to its own assets, is the day those flying pigs at Pink Floyd concerts will break their tethers and swoosh away....

If Iraq has the 3rd largest reserves in the world behind the Saudis and Venezuela (and they do), that means that Kuwait doesn't have as much, and yet, they are able to sustain a 3+ rate of exchange. We know that the CBI has been removing the triple zero bills from internal circulation, and the other States who own large amounts own dinars in digital form. Iraq has the lowest inflation in the world. The international holders of dinar will take their pound of flesh in oil over a prolonged period of time, and the less than 10% who hold dinars in private investment will be the only ones demanding cash exchange. For all concerned, this RI/RV will be the greatest transference of wealth in the history of the modern world. It's just a matter of time! The way the private investor cashes in, however, will be the determining factor in the continuing and possibly increasing value of this investment. JMO.

Reach back behind the milk jugs of water, around the plastic sheeting and duct tape, and through the 60 cans of beans and weinies. Grab your emergency big bottle of Jack Daniels whiskey. Open it up and take 3 swigs. You'll be ok then. Way too funny...you're killing me Drox, you're killing me! How true, how true! But remember that just because someone's paranoid doesn't mean they're not after them,,,,

TBnhispower, if we get to the 1st of the year without an RV, and you still want to sell your dinar, let me know. I'll give you $10/million over what Ali will give you:)

I am always amazed that the same people who sheltered and flourished during the tulip-mania of the 90's and the housing boom of the first six years of this decade are now growing a conscience about a no longer "exotic currency" that grew 40% in value during a secular bear market. Disillusionment is a good thing because it means your getting delivered of an illusion that kept you missing the target and waisting ammo. I sure hope they keep warning us about something they can't sell or control; I need the impetus of their negativity to stimulate my "but, oh, contrare" attitude! What say you?

Here is some hope based "partly" on fact. When the new IQD first circulated, it was 40% less valuable than today. Let's put the pencil to it; since 2004, what stock, mutual fund or CD has increased 40%? Which business in the USA has advanced in sales or growth 40%? If you are hoping for a get rich quick scheme, you may have just found it, but if you're looking for a long term investment that will probably still be here advancing 10 years from now, you may have just stumbled into that as well. Probably the only thing you have to seriously be concerned about is if Shabbibi keels over or the Iranians decide to take another swipe at kicking Iraq now that we have left them fairly weakened militarily. Oh.... and whether the Iraqis get it together or not this week, the day of formation will eventually come. The major players want their energy (oil) investment and Iraq has to play ball eventually; the key word is "event-ually". Sooner or later, Shabbibi has to either stop the Auctions or RI/RV the currency; he is running out of rope to rappel on and the knott at the bottom won't hold. Sooner or later, China will stop funding their contractors in Iraq with USD because they hold major amounts of IQD as well.