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My opinion is that they will do a LOP and RV to around $5.00 to $10.00 Their smallest bill would be equal to our $5 or $10. and 1 fil will be worth a nickle or a dime. The problem is the huge number of Dinar in circulation and held by investors.. A LOP would get rid of the necessity of using the USD.
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Questions for Adam's Update 12-31-2014 "New Year's Eve"
pops replied to TexasGranny's topic in Chat Logs
Hi Adam, Simple question- If we don't see any change by 1/11/15, Are we in for another long haul? -
Thanks for taking the time for the number crunching. Jetho Bodine couldn't have done any better and he grad-uated the sixth grade.
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You the Man, Bondlady!!! I mean You the Lady!!! Thanks for making it so even I can pretty well understand what you are saying. Thanks dinarcimi for posting
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THE BIG EXPERIMENT (TBE)
pops replied to WowLewi's topic in Opinions, Perspectives, and Your Two Cents on the Iraqi Dinar
Hey. I have to agree with you completly and enjoyed the way you say things. This has been a ride much like a roller coaster that so many have said they feel. Good luck to us all. -
I read these chats of Frank's and feel I do get some good info, but the predicted rates are always too unrealistic and make me feel I should not even read it. Thanks for posting. I am hoping for a RV @ 1:1 or better.
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Not what I have been hoping for, but what the heck. I can use a few thousand right now. Just wish it could have been a few million. LOL
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Plan B
pops replied to drox's topic in Opinions, Perspectives, and Your Two Cents on the Iraqi Dinar
This was a great post Drox and several good threads and thoughts came from it. I'm pretty sure most would admit that during this investment (if you have been in it as long as I have been) our hopes have soared like an eagle and fallen like a brick many times. I am convinced that most of the Central Banks are controlled by a group of people with key players placed in them that do what is best to achieve their goals. I think my investment will pay off but I don't know when or how. IMO Dr. Shabs is the key player in Iraq and will do things according to the grand plan. The plan "B" you presented may very well fit into this grand plan. Call me a conspiracy loon if you want but I have read a great deal along these lines and am convinced. I just grabed on to their coat tails and want to benifit from their profits. -
My head also just stopped spinning. Thanks Adam
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Stock exchange forex entering Iraqi market
pops replied to harrysmug's topic in Iraq & Dinar Related News
I'm afraid I have to disagree with that statement. He said on a news program that was posted on DV when ask if GOI had to be complete before RV he said no. Many on here have said they think that is holding up a RV but Shabs said no. I'm not going to try and find the link but it was about a month ago. -
Stock exchange forex entering Iraqi market
pops replied to harrysmug's topic in Iraq & Dinar Related News
This is exciting news but I'm not so sure it is good news for Forex to have moved into Iraq. It seems to me it would signal a departure from the fixed rate and toward a floating rate in the near future in which the dinar;s value will increase with up's and down;s in the world market. If I'm anywhere close to being right we will gain on our investment but not a sudden and overnight RV. -
http://www.cbi.iq/ Currency Auctions Announcement No. (1918) The latest daily currency auction was held in the Central Bank of Iraq on the 14-JUN-2011. The results were as follows: DETAILS NOTES Number of banks 19 Auction price selling dinar / US$ 1170 Auction price buying dinar / US$ ----- Amount sold at auction price (US$) 156,788,000 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) 156,788,000 Total offers for selling (US$) -----