20MillionDinar

That is very interesting to say the least... I think it might be about time to get a few resumes together and start applying to some major corporations out there in Iraq! Thanks LaGrange for the clarification.

Are you on a laptop? Some of the newer laptops have a function on the "mouse pad" where it zooms the screen in/out. Similar to how an iphone works when trying to zoom in or out. Kind of hard to explain but if somebody knows what I'm talking about maybe it will help. Or it could just be your eyes getting worse... lol jk

I don't really think that this type of scenario is really all that outlandish. Think about it.... Seriously. ASSUMING THIS IS TRUE: There are select few that are able to take advantage of this cash in rate through partner banks of the Trade Bank of Iraq which just so happens to be the bank in Iraq that handles about 90%-95% of ALL of Iraq's banking transactions. Now, with that being said, we also need to look at what has just recently happened to the Trade Bank of Iraq. They are under investigation by the GOI for committing "improper banking transactions." What exactly does this mean? Not speculating but there are really not too many details regarding their improper banking transactions... Let's just say that they are planning on doing a LOP. There are quite a few of the "grounded" individuals in this forum who have always said this could be a possibility. So, assuming this is what the GOI plans to do in the near future, it would mean that all of the IQD notes that we all hold, including institutional investors, the CBI, and foreign (foreign to Iraq) governments hold will be replaced by the new "re-denominated" notes creating an exchange that does not create profit or loss. With the ability to cash in right now through partner banks of the Trade Bank of Iraq people and institutions "in the know" are actually going to make a profit off of the exchange BEFORE the possible LOP. I am not saying this is definitely what is happening or is going to happen but it has got me thinking. I understand people don't want to listen to false information, rumors, or flat out lies, but this has to make some of you wonder. Keepem' this is not a shot at you but the question asked earlier was "your saying that the TBI is going to exchange your dinars so you can get rich knowing that it could lop and your bills not be worth anything? So basically the TBI is going to give you free money amost.....millions of dollars for your dinar that could only be worth a couple thousand? There are no secret deals on cash in rates." The Trade Bank of Iraq pays out let's say $1.30 to the customer and then sells them to the CBI for let's say $1.35 making a $.05 spread on 100 million over and over and over and over and over and over. This obviously means that the CBI is paying out big money but nowhere close to what it would have to pay if ALL of the IQD investors/holders/speculators cashed in at even $.50-$1.00. Why wouldn't the elite / people in the know / governments make out like a bandit and leave the rest of us hung out to dry? Does this really seem like it is something that couldn't happen? Earlier today I sent Adam a question on FaceBook requesting his input on this current situation. I have not heard back from him since but hopefully I will get his $.02 on the matter. If not, then I will get in touch with an associate of mine who IS holding over 100 million Dinars and see what he thinks. I am not a conspiracy theorist but this above scenario looks like it could be a possibility. What surprises me is that some of the people who think it is IMPOSSIBLE for Iraq to payout the trillions and trillions of dollars upon a straight up RV at $1 or so are disregarding this completely? This would be one of the most brilliant ways for the "elite" and governments to make profit off of a significant RV rate. While also keeping the average investor/speculator left in the dark and breaking even on the investment. This is also a way for the CBI to not have to payout trillions and trillions of dollars from a straight up RV. I listen to others opinions and input and try to be as respectful as possible, I expect the same from all of you as well. Thank you.

Darin, You are right. I believe the banks are Rafidain Bank and Rasheed Securities. I still have my hopes for the RV by June 30th! I did have a question for anybody who can help. In the original post "point 3" it says "UN recognizes IQD as a viable currency once it revalues" http://treasury.un.o...ionalRates.aspx I took a look at the website and noticed the IQD is listed. Just wondering, are all countries' currency listed on this website or only currencies that the UN feels are viable? Also, what would they mean by Viable?

Thank you for the response SolarCloud. I was just thinking that maybe it is time for me to join VIP If this is what is truly going on there will be power in numbers, however, obtaining "private banking" services for a group of investors becomes more complicated than if it was for one individual/entity. I hate to sound paranoid and the last thing I am trying to do is stir the pot. However, I tend to believe it is better to be safe than sorry. I have waited too long to let this RV slip through my fingers.

I am not one to fall for "conspiracy theories" but think about what Randall is saying for a few minutes. It makes sense to me. All of the banks that he listed in his other thread are partners to the Trade Bank of Iraq, the bank which is now under investigation by the GOI for committing "improper banking transactions." Think about that. Let's say that the GOI does decide to go with the "LOP" scenario or re-denominate or whatever route they take that does not give us investors a straight up RV. Then issue a new currency. 25k note becomes 25. RV at 1:1 ratio. We all break even... None of us want the "lop" scenario but most of us know this IS a possibility! However, if we get are able to negotiate with the proper bank right now we will be able to come out ahead with this investment. Big time! $1.27-$1.30 per Dinar is an EXCELLENT ROI! What Randall has been saying is not completely unbelievable. Actually, to me this seems to be the best way for the "elite" and government officials in the know to make money off of this investment while leaving all of us "speculators" in the dark so we end up either breaking even, losing a little, or making a small profit on our IQD investment. The only problem for me (and probably for most of us) is the lack of capital which is a requirement for most banks to be involved with their Private Banking services. Also, assuming you have access to private banking it sounds as though a substantial amount of IQD is required to negotiate a deal with the bank. 100 Million Iraqi Dinars is more than the average speculator/investor holds... **I am not saying this is definitely the case, but if it is I do not want to miss out on this once in a lifetime opportunity. If it is true, it shouldn't be too hard to put our heads together and figure out how to make this work for all of our benefits before out times runs out. Thoughts? Suggestions? Ideas?

Thanks for the info Zorbyx. Real quick, are the "post RV" investments listed in VIP right now or will they be shared with the group after the potential RV?

Can somebody help to answer this question for me. I am looking at the Iraqi Money Supply since 2004 and this is what it says: 2004 - 10,244,220,000,000.00 2005 - 11,859,380,000,000.00 2006 - 15,580,250,000,000.00 2007 - 22,855,220,000,000.00 2008 - 30,583,710,000,000.00 It seems that they (the CBI) released the IQD notes little by little throughout the years... Can anybody else help me understand why they would do this? Found that interesting. Yes it would be very helpful if the site was updated to reflect current values. It would be much easier to gauge where we are at.

I just came across a site named "IndexMundi." "Welcome to Index Mundi, home of the Internet's most complete country profiles.This site contains detailed country statistics, charts, and maps compiled from multiple sources." As of 2008 the M2 money supply of Iraq = 36,929,530,000,000.00 (this is almost 37 trillion IQD) My link As of 2008 the M2 money supply of the U.S. = 12,421,240,000,000.00 (about 12.4 trillion USD) My link I think I have found my new favorite website! It also look as though there were 30,583,710,000,000.00 IQD's in circulation as of 2008. (30 Trillion) That is the M1 money supply / Physical Currency in circulation. **Not sure why all of the countries' statistics (as far as money supply goes) is based off of 2008. Wonder why there aren't more recent statistics... Most of the statistics at IndexMundi.com are from the CIA World Fact Book as far as I can tell.

Hey Zorbyx1, Just curious. Do you know how much currency Afghanistan has in circulation at this time? I was trying to do a little research on this matter and thought it might be easier to ask somebody who is possibly in the know.

RV June 31st is pure delusion. There aren't even 31 days in June... I think you meant June 30th

Right on HeavyDuty. I'm still hoping for June 30th, and feel good about it, but again, WHO KNOWS! Only if more people could do what you just did....

You caught me... LOL

LOL. What's up Haku? What part of Hawaii are you from?

I agree with KingG. They are all living legends in their own mind.

Great summary of events! Thank you for the post.

I owned Dinar since 2006 and hadn't even heard of a Dinar forum until a little over a year ago... That isn't really so hard to believe. DV has only been online for like 2 years or so. The new IQD has been around for about 8 years!

Wow! You are getting hit right and left... I knew exactly what you were saying in all of your posts. Some people just need to grow up, don't let them get to you. Out here in Hawaii people speak something called "Pigeon." Cockaroach pronounced the way you said it would fit right in Who went cockaroach da cookies?

I know anything over $10k (USD) needs to be declared when leaving / entering the U.S. Not sure about the other countries' rules...

No worries Dinarck. Hell yea $0.10 would be awesome. 25 years old and retired!

Forex trading hours, Forex trading time: FOREX is traded internationally, 7 days a week, 24 hours a day. New York opens at 8:00 am to 5:00 pm EST Tokyo opens at 7:00 pm to 4:00 am EST Sydney opens at 5:00 pm to 2:00 am EST London opens at 3:00 am to 12:00 noon EST

If people guess everyday an RV will happen somebody is bound to be right. Insider Trading does not apply to FOREX! LOL

At least you admit that you don't know. Either do I... I am not saying that you are negative or anything like that, I see where you stand and that is fine by me. Not sure where all this fire came from but I was just asking your opinion as far as a realistic rate goes assuming they don't lop. I am (and have been for quite some time now) hoping for $0.01 - $0.10 with a straight up RV. I am praying that they don't LOP but who knows. I just responded to Dinarck's post and didn't even see your's until I published my post. Looks like we have the same thoughts as far as rates go!

Snatcher also posted this on May 10th... http://dinarvets.com/forums/index.php?/topic/65796-ali-knows-something/page__p__477019__fromsearch__1entry477019 No problem Keep

This was at Investopedia. The particular article that I got this clip from was written by Boris Schlossberg. Boris Schlossberg is the director of currency research at GFT. He is a weekly contributor to CNBC's "Squawk Box" and a regular commentator for Bloomberg radio and television. His daily currency research is widely quoted by Reuters, Dow Jones and Agence France Presse newswires and appears in numerous newspapers worldwide. Schlossberg has written for publications like SFO Magazine, Active Trader and Technical Analysis of Stocks and Commodities. He is also the author of "Technical Analysis of the Currency Market" and the co-author of "Millionaire Traders" with Kathy Lien.