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Brandon2230

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Everything posted by Brandon2230

  1. Pd has proven that kuwait and Jordan banks are trading under limited circumstances. They had a cc at noon explaining the situations and confirming with there contacts.. Or y'all can just keep kicking the can around here. Haha jk. Cheers
  2. Hahahaha . And you just joined yesterday!!! Welcome 
  3. I'm Sure this is all part of the plan, don't freak out.. Rate given on the 7th, Gov back in session on the 9th, cash in for us on the 10th!! Hopefully
  4. Not buying that... All banks will be begging you to cash in with them. This info is probably from a low level employee that got info from higher up to curb speculation.
  5. Wow! This sounds great. Like they want to get it ALL done tomorrow!
  6. I trust this dude with my wife . Hahaha
  7. Forex will have a spread.. Cool though.
  8. Why would it not be logical to think he is saying a 100 dinar note at 1000 times the value.? I'm pretty sure that's what he means. These translations can be tricky!
  9. Glad to see peeps supporting alex! He only wants the best for the world and our kids.
  10. I know there saying "the end of next week" but I've heard them say this and mean "this week" so maybe Sunday/Monday. Sounds Awesome
  11. This is exactly to a T the economists post I read last year.. Anyone else read that Economist part I, II ect.?
  12. I really do feel that whether they lop or not we really are days away.. I don't foresee a lop though for certain reasons; As Scooter has explained many times, Iraq does have the reserves to back an RV and not just .86.. way higher. Also, there is the infamous 50 dinar speculation. That if it were to lop just the 000's as they expain, what would happen to the 50 dinar?? It would be worth .05 or 50?? Also you tell me how a lop would stimulate there economy in any way? It would be a Neutral move. 000's off the currency and 000's off the rate are a neutral move. A lop really really doesn't make sense.
  13. Sorry this is an old article, but makes a great comparison to the Iraqi situation. Zero Lop or Zero Lopping the Dinar Analysis Dinar into Dollars - [7/13/2006] Both Russia and Afghanistan are countries who have zero lopped their currency. Lets look at their situations in relation to the Iraqi Dinar and the speculation and rumors about Iraq doing a zero lop on their currency: Afghanistan had 4 types of currency in circulation as a result of a civil war. It was unknown how much of each was in circulation. For the people and the government, this was a very difficult situation. As a result, the currency kept losing it's value. They needed something both credible and efficient to use as currency. You did not want people carrying around bags of money since everything is cash based. Their zero lop happened at the same time as they printed new currency to replace the confusing mix they had before. This ensured everyone had the same currency, there was a known amount in circulation, and people could buy and sell things with few notes. It has little in common to the Iraqi Dinar and the speculation about the zero lop. Iraq has already printed and established a single national currency, with secure features and knows exactly how much is in circulation. The Dinar denominations are already designed to carry high or low values without carrying around sacks of money. It makes no sense for them to change the face of the currency, when they are talking about increasing the value to fit their economic goals. Russia performed zero lopping to their currency in 1998. They did this in response to hyperinflation and to restore confidence in their currencies structure and value. Iraq has roughly only 20% inflation. Russia also had denominations that went too high - they had denominations of 5k, 10k, 50k, 100k, and 500k - which were replaced with denominations of 5, 10, 50, 100 , and 500. In comparison, Iraq's highest denomination is the 25k and has denominations all the way down to 25 Dinar. If Iraq did zero lopping off the structure of the bills, they would overlap denominations that already exist. This does not make sense or fit the stated goals with the Iraqi Dinar. It seems that a zero lop, or zero lopping would not occur with the denominations of the Dinar, but by increasing it's value with a revalue that would benefit their economy and their poor in a positive way. http://www.iraqdirectory.com/DisplayNews.aspx?id=1677
  14. Your are true in your statements, though your not necessarily true in fact. Nobody is complaining about a 300% gain. They are complaining that there are so many factors i.e. translation, are the 000's deleted from the currency or the rate?? Who is Saleh? ect. that you can't credit this article as stating they will lop. It's all speculation, nobody knows til it happens!
  15. Na, it's been lower. All your seeing is the $ fluctuating.. Not the dinar.
  16. not sure what you can buy over there for 2 cents??
  17. Sounds Like don't promote other sites. Is it?
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