sportfisher

thanks wrestling dude, I'm ready to put in the build order for my new boat, maybe riday......oops typo, my bad..........friday

WOW!!! I didn't get back on here soon enough to with the dinar Y NEE MEE is correct, I lived in Goleta for many years

Southern California

A 'gigantic' Main Street bailout? http://news.yahoo.com/s/theweek/205827

Good point Clay, The first few initial comments derailed the thread question, and ignorance spawns pointless debate. IMO, we would be at the mercy of dealers near you, and subject to an exchange fee.

Correct, your investment holdings would not change in value, other than the expense of exchanging for new currency.

You should really find the time to research what a "redenomination" is.

I think my posts are invisible

Can anyone please just admit that a redenomination is a LOP ???? Do your own research, look up Redenomination, Demonitisation, and Devaluation. All three terms have a lot in common.

Is everyone in denial about what redenomination is? Look it up for yourself.

OK, to start off with, I believe the whole "Redenomination" statement is a total smokescreen. If I believed IQD was going to redenominate, I would NOT have gotten involved in this investment. http://www.investopedia.com/terms/r/redenomination.asp Redenomination What Does Redenomination Mean? 1. The process whereby a country's currency is recalibrated due to significant inflation and currency devaluation. Certain currencies have been redenominated a number of times over the last century for various reasons. Redenomination is a LOP. It is NOT just issuing smaller denominations and removing larger. It is issuing a new currency that replaces ALL the existing currency at a specific devaluation of ALL notes across the board. What we are looking for, is a RV or RI

Yah, that alledgedly was part of a coded message

+100000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000

Shannybelle27 you're the best!

NO, I do not like him better now. He kinda looks like Jimmy Carter now???

sounds to me like they are getting an advance payment.

These are all totally Republic of Iraq, Third Issue, 1973-1978 from the website link you provided, which is a good one As far as the signature goes, there are 2 different signatures for the current notes. So we won't exactly know what signature is on the lower denoms, until they are issued. Just for an added tidbit, the 73-78 notes have a bird head, not a horse.

It's my understanding they will honor CBI exchange rate with no spread and flat fee of $150 per 1 mil IQD. You can call them or email your question. Monday?

If you are refering to Ali's fee at DT, why don't you ask them?

actually, these are not the ones we have been asking to see, these are old notes.

maybe it would be a nice distraction for Iran from their meddling in Iraqi politics. Not to mention the fact that if Iran declared war on Israel, Iran would be gettin' a butt whipping!

maybe that's why China is buying up euro's, they think they will have a stronger basket when it's time to exchange for the new Global Currency.

LOP is a slang term for "redenomination"

A new fishing boat, of course

Actually it would cost them a pretty penny to print up all new currency to replace all the existing currency. Technically this is a currency investment for most of us, and although I do not believe that Iraq will redenominate(LOP), nor do I want that to happen, I think is is important for people in this investment to understand what it really means to LOP. I think there is too much mis-understanding about this topic, and often tempers flare because of it. We know Iraq doesn't fit the LOP scenario, but lets research and understand what these terms really mean.