ShawnW

This Conversation was in regards to the middle east peace process. and the quote was after the question "so you're optimistic?" " I am optimistic, funny enough, If we can get past the next few weeks then we can get past the next few months" Shawn

Here is Charlie Rose, I am watching now.

Here is part 4 from Sept 1st the others are on the right side of the page.

Yeah, I don't have any explanation either it just made me pause when I saw it. Maybe Scooter knows...lol

another thing strange is if you click on currency auctions, then exchange rates pdf listed below the current auction. The has been no Spread for the auction for the last 4 days (you have to scroll to the bottom of the list) I am not sure what it means but scrolling through the list that has never happened before for even 1 day let alone 4 days in a row. Here is the direct link http://cbi.iq/documents/CBI_FOREIGN_EXCHANGE_AUCTIONS.pdf

hmmm...... wierd, from a quick scan through that is the first time it has ever been that way. For three days now Shawn

Happy Birthday!!!!

That is interesting, and I have done enough html to know there is no good reason for that to be in there, unless you were planning on adding something of the same layout to it. Very cool .

Here is an Inter view with Tant that has few good points I have quoted a few below. So this is saying eight bills and coins. So the cost of printing the money is more than it is worth in the 50 dinar case 50.00 IQD = 0.0426785 USD Iraq Dinars United States Dollars 1 IQD = 0.000853570 USD 1 USD = 1,171.55 IQD Now this is interesting, it took me a few reads to really understand it. There is a 14 thrown into the midddle of this sentence. On this intereview it was copied from a file with page numbers and this is in the break between 14 and 15. Not sure if this is where people got 14 denoms from but ??????? I looked for the original link but it seems to be broken But it does say at the bottom of this that it was originally posted Chief V Shawn sorry guys it won't let me post the link it jsut comes up spammer, spammer as it is another site But here is the heading to the original article United States Institute of Peace Association for Diplomatic Studies and Training Iraq Experience Project HUGH TANT EXECUTIVE SUMMARY Interviewed by: Mark Gribbin Initial interview date: October 22, 2004 Copyright 2004 ADST

I am not looking at the older Small Denoms I am looking at the 6 blank (blue) spots in the top section, the post Saddam currency

sorry this is purely speculation (thus posted in Rumors) There are six blank spots in the current set of notes that are unnamed but have been signed By Shabibi , meaning not released, whether they are going to be or not, is yet to be seen. but it lends to the fact that they are out there (according to this site).

Here is an interesting link

Here is a link showing Six Dinar denoms that have not been released yet(highlighted in blue), with Shabibis Signature (27) Interesting to say the least. I got this info from another chat room. http://www.islamicbanknotes.com/iraq.htm Shawn

Yep it is absolutely possible. One thing that is positive is that they have already came out with a new currency once during this ordeal, after the UN sanctions. and they made it a VERY secure currency. If the plan was to only use this currency for the toilet paper value it is currently, and then replace it , they could have done that with TP and crayons, no need to go to all that work if they are going to get rid of it. Shawn

you can check your work by pulling up that spreadsheet and checking Kuwaits number, or try to work backwards to get to the current rate. I did both to verify Shawn

yup

Ok well I completely disagree and agree, and rather than type a long explanation why (mainly because I am tired) I found an article that sums it up. Enjoy.... By the way, there is a link so this is no longer a rumor........purely fact.

Just make sure you check their spread against the CBI website before you deposit.

Thanks, I have and will go reread again, the problem is I have had to come up to speed very quickly on this as I only learned about it around a month ago. So the problem is that I read it...........along with 30,000 other posts in the last month. lol thanks for the tip Shawn

Sorry we are talking two different subjects here. I am talking about reducing the amount of actual cash this is floating around. It will not affect the Cash in or RV. If you look at how much the rest of the civilized world has in actual cash money, versus total currency, you will see that Iraq is VERY disproportionate due to the fact that they did not have a digital banking system until recently. I was looking at some numbers earlier and as of 2007(current numbers Are higher but I don thave the exact s in front of me). The Us Curently has 759B in Cold Hard Cash But when you add The total of all physical currency part of bank reserves + the amount in demand accounts ("checking" or "current" accounts). plus most savings accounts, money market accounts, retail money market mutual funds,and small denomination time deposits you get 7.44 Trillion I dont have all the Iraq figures yet but at 25 Trillion in Cash, that is just too much money. Now will that make then come out at lower number to start and then start pulling in some currency to raise the value.... maybe, but that is just my opinion on it after looking and I am not claiming to know it all, just sharing my thoughts. I guess what I need to do is compare Iraqs numbers to some other Gulf countries and see where it stands. Shawn

Scooter it is referenced on page 80 and that is the only place I could find.

Are We There Yet? August 31, 2010 · I’m still hearing we ARE…. so hang on! Don’t go out and buy more… don’t get too high… just sit still… OR… get on your knees in gratitude. I believe we will know very soon

That is GGGGREEEEEAAAAAAATTTTT news that means being listed on Forex and an internationally traded Currency as far as I can tell. I will do more digging. Shawn

No I am not talking about a lop. I am talking about and RV and reducing liquidity. Both will need to be done. A lop would not change the value ofthe dinar. There is WAY too much paper money in circulation if that is anywhere near the true number. My guess is that most of it will be converted to electronic currency like most of the world is using now. Then we can all be on the FIAT system. Shawn

My own personal understanding is this. The Dinar was not devalued over time due to GDP, oil production, or anything like that, but due to the sanctions and restrictions put on it from the UN. The true value of the dinar never left. Now they did have to print much more currency to be able to survive paying 50,000 dinar to go out to dinner, but if you look at the numbers there is somewhere around 25 trillion dinar in circualtion supposedly. Before all of this there was about 25 billion, so if they RV at around the previous number of 3.22 and pull all of the bills with 000's on them back in they can reduce the currency in circualtion back to its previous state ( 25 trillion minus 000 is 25 billion) and the only thing that has happened is that the currency is functioning at the state it was valued before all of this mess started. Now that is my opinion, so take it for what its worth. Shawn