RichNick123

Yeah but let's hope tis guy is right! He is working off the fact that the staement made that 70% have been removed from circulation. If so then his number is MUCH BETTER! Enoch8 Commentary: Putting the new figures together. Part I Even the most hard core lopster out there, could not make a legitimate argument, that .000865 is not based on only 50% of the $43 Billion Reserves claimed previously. ($43 Billion divided by 27 Trillion in circulation, are the earlier publications from both CBI and the IMF is using only about 50% of the value of the reserves to support the Program, Defacto Rate, $.000865. The REER, (Real Estimated Exchange Rate) in IMF Public Information Notice published Feb 10, 2010, reflects 292 vs 1170, which is the DeJure Rate, mentioned also by the IMF, stating that Iraq is using a Defacto Conventional Peg, and has a 2 rate system. The REER as of Dec 2009 shown by the IMF is $.00342, about 200% of the Reserves, that were at that time, $43 Billion. Earlier this year, in March, we talked about the fact that the 2010 budget, approved was based on $62.50 Oil. Now that increase is hitting the books. This year, they are planning a 2011 Budget based on $70 Oil, that is expected to be well over $100 per barrel in 2011. So, here we go again. $50 Billion, In Reserves, will increase even the Program Defacto Rate, at 50%, even in the worst nightmarish argument the most hard core lopster could make, not including removal of much of the 27 Trillion, and even without the additional investments into Iraq, as this article suggests….. and not including doubling the economy….. you can figure the REER to be at the worst possible scenario…… on the world exchange, to be revised to 250 % of the Reserve for the REER Value, because Iraq last month was decreased from 25% Fractional Reserve, in lending requirements, to 20%. So….. here is how that information figures…… plan on about double, that Reserve, at the point of an RV, to a minimum of $100 Billion, based on the projections of doubling the economy,,,(Which is under estimating it by 10 times, in my opinion…), but go with that. 20% Fractional Reserve Requirement means you can multiply that by 5 times, to an estimated $500 Billion as the basis for the REER of the same 27 Trillion. $500 Billion divided by 27 Trillion IQD = $.0185….. which is almost 2 cents…. even without removal of zeros. Seems like we have been here before, haven’t we? LOL Stay with me here. I am nowhere near done running this. OK….. CBI has stated all year long, they plan on removal of the large bills from circulation. They have stated they have only about $7 Trillion in the combined Stock and Quazi Stock….. the M2. That means that about 70% of the zeros are already removed, because they are now in the reserves of other countries and supported by the investments of those countries an converted into Oil, Gold, Natural Gas, Banking Programs and numerous other investments into Iraq, further increasing their Reserves and Increasing the Value of the remaining M2. Here is the preliminary math, before any further removal of IQD, which does not yet include, adding the 5 items listed by the IMF, in page 31 of the most recent addendum to Article XIV SBA, that Non Convertible Currency, Non Mint Precious Metals, Non Liquid assets, IE OIL and Natural Gas,,,, etc, etc, Lending Interest, OFAC Blocked Accounts and Frozen Assets, etc, etc…… Part II Take the same $500 Billion figure we just did in part I, and use the last reported M2…. to get a new figure for the REER that would likely be the IMF Art. VIII rate. $500 Billion divided by 7 Trillion IQD, is just over 7 cents, $.0714 and we still have not removed any more zeros than what is already removed. Remember…. 70% have already been removed. I do not usually endorse F26, but he is partly right about that, just in a different way of saying it. Now…. We are not yet done. Once the IMF places Iraq and CBI back into Article VIII, meaning they have a Convertible Currency, there are estimates all over the ball park, as to how much that is figured in the amount remaining of OFAC Frozen and Blocked assets and Saddam Money and Gold, after the Paris Club is settled with BIS who is the overseer of the settlements with Raafadin and Ramadi along with the other debts, in UN Chap VII. Those figures will add several Hundred Billion to those Reserves, after the debt settlements. Also, the Non Mint Prcious Metals would get added to these figures. Also, however much IQD, the CBI holds in Reserves, will then be convertible and added to that amount. That is several Trillion worth in Dollars value. Currently under Art. XIV SBA they are not allowed to include IQD in the Reserves, because it is not convertible, YET. LOL How funny is that!!! Also….. you could add other futures, treasuries and lending assets to this Reserves amount under Art VIII that are not allowed to be used under Art. XIV agreements. I have no earthly idea, what exactly these amounts might be, but have figured all year, that these Reserves would support just over $1.00 maybe a significant amount more, and without any further removal of IQD, that is not replaced immediately, by the smaller bills. This is in now way a prediction of $1.13….. but is it not true, the Ministry of Planning told us that as a model number 4 years ago? Well that 3 year projection has been over for over a year. Who knows for sure, where that will come out at now? Anything else is unsubstantiated and is 100% speculation. I think we can almost prove conclusively, it is over a Dollar…. sorry but I could not prove any more than that. But I also cannot disprove it either. Do you see it? They can cover just over a dollar right now and the zeros are already removed! Get it ? ~ How cool is this? LINK TO ARTICLE

Iraq absolutely has to get the float of their total outstanding currency down to 25 billion Dinar. Currently there are 25 trillion in circulation. Rumors abound but no proof of any being taken off the market. A realistic amount of value based on fractional banking would mean Iraq would have around 85 billion dollars of value in their Dinar. This is the equalivent of Kuwait. Iraq currently has 21.5 billion which is unreasonably low! In order for this to happen they have statred they will drop the 3 zeros. Unfortunately they have not described exactly how this will happen. Some believe it is removing the 3 zeros in front of the rate making it .86. If this was done with 25 trillion dinar floating it would mean a valuation of 21.5 trillion dollars. This is an unrealistic number to even consider. The US, prior to the FED printing an undeclared amount, had only 1.3 trillion in circulaton. The only way I can rationalize this working is to give time period to exchangethe bills with the 3 zeros 1000 and above, for a 1000 to one exchange. At the same time revalue the Dinar to an amount determined by fractional reserve principles. Using the realistic 85 billion number of kuwait would value the dinar at the kuwait rate of around 3,55. For those holding 1 million in Dinar this would mean You would hold 1000 dinar at a valuation of 3,550.00. You would triple your investment. have heard all of the arguments for and against this. I pray I am wrong and just am totally overlooking something. The only thing I can think is they may use a number much higher than the 85 billion. They must however get to 25 billion dinar in their float.

Hotspot, Sorry but he is correct. Grab your calculator and multiply .00086 by 300,000%. 300,000% gives yu a multiplier of 3,000. Sucks don't it!

LOL!! We try and go out of Caneveral if possible. Been ou of all 4 in Florida as we are state residents. I can promise you your flight will be expensive back home but if it Rv's it will be the best flight you ever paid for!! Just curious, Eastern or Western Carribean? Southern is our favorite but we have to go out of Puerto Rico on that one. Funniest time we ever had wasin St. Martin and we took a snorkel outing with Golden Eagle, they took us to a beautiful coral area on a private island, did not know it was a nude beach until we got there!!!! No women to be seen only a bunch of naked men!!! Can't figure out why my wife wants to go on that cruise again!!! LOL! Inside Track, Really dude go to a singles bar or try online dating! LOL!!!

Thanks Linda, You sound like a kindred soul. Only child her so my alone time is very appreciated although I love being with my family! Just need a little ME time now and then!! Hope you find warm place to curl up and get some rest.

DeShell!!!!! You made me laugh very hard!!! Not pathetic by any means, just potential waiting to be released!! You are awesome, Intelligent, wonderful in very way! Do not let anyoe tell you different! If you only knew the ups and downs my life has brought to me and still continues to do. We are all in this together but I can with confidence tell you take the night off and check back in late Sunday or Monday morning, ain't noting happening before then! I cannot give you a rate or a date! I can tell you however that GM opened their new IPO yesterday to the tune of 23.1 billion dollars. Why would I tell you that? Because the total amount of the Dinar, with a prevous 25 trillion floating around, is only worth 21.5 billion. The CBI has reduced that by at least 50% to possibly 70%. Why is this important? Because you S Family are one of the few worldwide holding what may become the most valuable currency in the world!!! Yes it has taken longer than we planned, hoped for, believed, but by God it is going to be well worth it when the news is finally released! Keep the faith, never give in and trust God to do what he has promised you he will do!

Cool? It got down to 34 this morning in the Big Bend area, Close to Tally! That is cold in my book. Enjoy and relax, nothing to watch dinar wise until Monday morning!

Back at ya my friend!! Hole 17 Sawgrass TPC is my favorite!! Whats yours? Now I feel much better!!! Just joking with ya! Pray your soup is good and your research is filling where the soup leaves you empty! About to crash on the couch with my dog and the new Vince Flynn novel, American Assassin. I am a fiction freak!! Have over 3,000 volumes in my library that I have collected the last 25+ years. Action and Military novels are my absolute favorite. Flynn, Stephen White, W.E.B. Griffin, Tom Clancy, Brad Thor, Mathew Riley, Dale Brown, Gordon Kent........... Anyone else here like to enjoy a good novel?

The blue turf drives me wild!!! Boise actually recruited my oldest as a LB. Tried to nudge him that way but he ended up in the south and closer to home!! Love Peterson and the program!!! Enjoy!!! You and me bud ae both hoping for the same thing!! Got my eye on a parcel of hunting land that a decent RV will allow me to enjoy with my family from now on! Keep the faith and never ever give in!! JFV, I love anything in peanut sauce!!!! Now you arespeaking my language! Enjoy and know your blessing is o the way! Will do as soon as I walk the dog! I can assume you are not filing a class action suit against me correct???? LOL

KTLAMM, Fortunately I have reached a place in ife where I shoot a deer with my bow or gun, go and drive the 4 wheeler and load it up, move it to my truck and then take it to my processor who will clean and process it! My refuge is 30 feet up in a tree. That is one of my favorite places next to being in the cockpit of my small plane. Never feel closer to God than those two places when I am alone!! My suggestion is find a little time and go with the kids before it is too late! Life will run at the pace you allow it to. Believe me I speak from experience!! Hae a great weekend!

Hello everyone! It is Friday night and I just got home to an empty house. I went hunting, with my wife's blessing, and am now home alone. My wife went to eat and the movies with her sister and our oldest son and his wife, while our two younger boys are on a date, and one spending the night with a friend. Sans, me home alone. With nothing better to do I came to my favorite site to see what everyone else is doing tonight. Stupid question because if you are reading this, like me, you have nothing better to do! So I am eating warmed up leftovers fom Chili's Restaurant and waiting to find out what the rest of us Dinar In Waitng members of DV are doing! Somebody let me know what you are up to so I will not feel all lonely and left out in this cruel pre RV world!!! Anybody Home??????

HERE IS VIPERS ORIGINAL POST: Ok I can see alot of questions out there about the RV. There IS a strong possibility the RV could be figured in the 2011 budget. There are big questions on why the 2011 budget has not already cleared as they could do that in a day or two. There has to be a reason for the delay other than the Gov. Although it has not been varified as a fact as of yet that the 2011 budget will carry the RV we still need to look at the big picture right now. Iraq is being pressured by many different scources to RV. One of the big ones is the WTO. Even other M Eastern countries are wanting them to RV. It is a popular opinion they will have to RV soon and can not wait much longer one way or the other. We ALL need to keep watching for the signs that will indicate the coming of the RV. Stay focused and watch because someone over there will slip-up sooner or later with some info. Hang in there and I will pass on any news as soon as I get it. Keep the faith and hope for the best. Read more: I will add to that some thoughts I have had running around inside my dungeon of mind: 1. Maliki made side deals to assure Iraq's entrance to OPEC on his recent support gathering tour, prior to him being named PM. A. He met with the key leaders who not only gave him support but, all except Iran, are the key players in OPEC! 2. Entering OPEC would add a minimum of 7-10 dollars a barrel onto Iraqi oil. This will add an additional 5.1 billion in revenue to Iraq's bottom line. 3. Shabibi is using his trip today and tomorrow to Harvard to also consult with other economic gurus to establish a new rate for the RV due to the increase of oil reserves and Irq possibly entering OPEC in 2011. 4. This I believe is one, not all, of the reasons for the delay. The 2011 budget will be impacted if Iraq can sell their oil throgh OPEC. It will solve many of their transportation and port issues with moving their oil as well. I beieve Shabibi's recent trips to New York, and now Harvard, are part of this scheme. Iraq is ready to burst forth on the economic front. The release of the border situation with Kuwait is another example, this will lift Chapter 7 and only 2 items stand between them and being able to enter OPEC and RV. No factual evidence of this. This is my opinion alone. I have come to these conclusions by reasoning what options I would take if I were Iraq. Iraq is going to have to fulfill their agreement to sell the US their oil for around 35.00 USD a barrel and I believe they will mauever to maximize the rest of their oil revenue for their benefit. If they are part of OPEC they will be able to utilize the coming rate of around 100.00 or more dollars a barrel for the RV as well as their infrastructure and governmental needs.

Does anyone else find this interesting? surely a nation like Iraq should have a float of more cash for their economy than the IPO of an automaker that jusrt came out of bankruptcy and government control!

Announced on 21st effective 25th of November at .86.

Before you comment I am not so naive to misunderstand that the money in M1 and M2 do not constitute the entire wealth of a nation. It does show us however that as we already know the Dinar is WAY UNDERVALUED!!!

The foreign exchange officer was wearing a nametag that read "TiaC"!!!!!

Here is something to wrap your brain around. I know some of you are so frequently in this forum you may not be aware that today GM established it's value at one greater than the nation of IRAQ! NEW YORK, Nov 17 (Reuters) - General Motors Co [GM.UL] raised $20.1 billion in the biggest U.S. initial public offering in history, pricing the shares at the top of the proposed range in response to huge investor demand. GM sold 478 million common shares at $33 each, raising $15.77 billion, as well as $4.35 billion in preferred shares, more than the initially planned $4 billion. Including an overallotment option, which will be settled over the next few days, GM looks set to raise $23.1 billion -- the biggest initial public offering ever. Now remember our mathematics lesson: Iraq has 25 trillion Dinar in circulation at a current value of .00086 This equals 21.5 billion dollars! General Motors generated 23.1 Billion today in it's new IPO. Can you really tell me that the entire nation of Iraq, with the resources it has, is not worth more than General Motors????? I say we offer Iraq on the DOW as a new IPO. Put our Dinar as shares and let the good times roll!!

TimS, Excellent explanation of real world economics. Let me query you on a few issues and allow me to thank you in advance for your response. 1. Do you have any insight or feel for where the IDQ could possibly find equalibrium on Forex? 2. With the current economic concerns over the majority of currencies that are traded on Forex, USD, Euro and the British Pound, all of which are heavily indebted and struggling with the global downturn, would not the lightly indebted IDQ be attractive? 3. With known reserves of Oil and Gas, conservatively figured at 100 trillion dollars, what could possibly keep the IDQ from emerging on Forex? A. I understand the lifting of Chapter 7 and sanctions must be released so that is not a concern I have. I am more inquisitive as to it being placed and allowed to freely reach the market's valuation without being managed. I know this would cause hyperinflation if not controlled but would it not self adjust to a righteous valuation on market principles?

Too late dude! You have rubbed me the wrong way one too many times, you ought to change your name to TSAKing!! This means WAR!! Just joking!! Don't worry about it, it's all good! Each one of us has on many occasions written a post that comes across as abrasive when in reality it was not. Apology accepted though not needed! Have a blessed day and know your act of repentance has sown you many seeds of goodwill.

OFFICER, Please, no offense meant or implied. Why would no one invest in Bill Gates when he dropped out of MTI? Why can no banker tell you about elay, one of the hottest penny stocks on the market today? Can any banker or investor tell you the symbol of the last penny stock that entered the NASDAQ, NIKKI or the DOW JONES? Did your mortgage holder warn you of the impending housing bubble? Is it possible that anyone on MSNBC, ABC, CBS or FOX can actually give you up to date information about the resurrection of the Iraqi economy without reading it off of a teleprompter? You do realize that almost every one of the media markets cater to the whim of their corporate owners don't you? You also understand that if bankers knew anything outside of their shielded and unimformed cubicle they would be retired and enjoying life on a sandy beach, don't you? Why did MSNBC, ABC, CBS, FOX and the rest of the media outlet, who know absolutely everything that is going on, not place their investment holdings into George Soros hands when he bet everything against the pound and made untold billions? OFFICER, could it possibly be that those in the media and our information outlets could not find their glutimous maximus with both hands? RELAX, have an adult beverage, kick back and know that you are one of the .10% of the American citizenship that has a clue about what is going to be an incredible investment story! Never doubt your inner man. Know that you have been waiting on this moment and that this moment has been waiting on you!!

Jug, Over here we plant food plots and then have corn feeders to draw them in. Lot of work in the offseason and mostly sitting and waiting during the season. Have cameras at each plot and know pretty well what is coming in and at what time they are coming in. Bow season is a little different as I hang my stands and trust my cameras as to what is in that area. I have 2000 acres I am hunting so plenty of options. only 4 of us hunting this lease so we have lots of fun! Gonna try to give you a link to one of my cameras. be right back.

Had a very trying weekend to say the least. Not personal just business. Heading back to the hunting camp in the morning to relax and chill for a couple of day's. Got a nice buck coming into one of my stand areas and hoping to get a shot with the bow tomorrow. If I kill something I always feel better! LOL. I usually name a deer before I shoot, I have found it make me feel much better!!!

Dawg!!!!! POP! POP! POP! Only a roughneck would know that terminology! Keep it real, how have you been doing? How did you know to refrence the "Chill Bra" thing? Only my wife knows that after 20 years of not working out I need a "Man Bra"!

Last night I posted a topic titled "I Will Be Banned" and now I must come forward and apoligize. I had a very long and trying weekend that put me in a very foul mood. While continuing to research every nook and cranny I can find I became a bit disallusioned as to the RV of the Dinar. Bear with me and allow me to explain. I have been in positions many times over the last 25 years to be priviledged to have what some may call insider information. I do not mean on Wall Street but in local and regional issues. This has given me the opportunity on several occasions to make critical moves in business to be in a position to make a very good return on my investments. Having this knowledge I have been watching the events that are unfolding with a watchful eye. I have never been more convinced we will see the RV in a matter of day's or at worst by Feburary 1, 2011. Last night I took a very pessimistic stance that we would be taken advantage of by those in control of the valuation. I proposed that we would see a limited RV of .27, this is after months of standing on the fact that everything I have researched led me to believe in a minimum of .86 to 1.49. I understand economics very well and could lean to the valuation of $3.00 or better as the resources of Iraq could very well handle this amount with little pressure. I chose to take the conservative route, as I do with all of my investments, and go to the absolute lowest denomination I could rationalize. After a good nights sleep, and a lot of kicking my own butt, I feel the need to come forth and offer an apology. I am certain no one else on this board has ever had a bad couple of days and feels like urinating on everything they can find, except for me. I ask for forgiveness and offer a heart felt apology for being a negative Nancy last night. I feel more confident than ever before that we are going to see a miracle of around .86 or above when this finally comes to fruition. I apoligize for any negative taken in comments toward DD or Adam. I truly meant no negative but after re-reading my post I can see how it possibly have been construed that way. I still feel like they know way more than they will share and I would do the absolute same thing if I was in their position. I appreciate the opportunity to be a part of this forum and promise to abstain from making a rectum of myself in the future. May God bless us all in body, mind and spirit in all that we put our hands too. With warm regards, RichNick123

Good Night Aloha. Long day, could not sleep and been checking this forum since 2:30am yesterday. Time to crash. Thank you for calling a cab on my behalf!!!!