Econman33

Welcome. Thank you for your service. Sorry everyone is so testy. If I had been listening to the gurus since 05 I would be testy too. I have only been on DV for a couple weeks now. Lots of great info on here. As for your question, I would not worry about bill size yet. When RV happens you will have ample time to cash in big bills. Remember most of what you read here is Rumor or Speculation so don't take to serious. If you watch the New Stuff coming out read with caution unless proven by link to source. Welcome aboard.

Great Info. Thanks for all your hard work on this.

Thank You for the wonderful reminder..

Supply is running low. He stopped showing 10K over the weekend and now he is out of 5K. Maybe they have actually slowed the flow out of Country. I believe he was getting from Dubai if my memory is correct.

True, it may not RV. Speculation!! But, they will not be able to maintain current exchange rate once their Economy takes off this year. It is impossible if their currency is to be traded on open markets. Keep the Faith please.

Yes, and the US has extended protection from creditors for 6-months. So unless they get that extended again, they will need to settle this debt by June 2011. Plus with the removal of Chapter 7 they will need to determine a viable exchange rate to Import goods to rebuild with. Just my cent and a half.

They want to borrow because they can spread the debt out over a longer period of time and not tie up their current oil revenues. Great Posts above everybody. They have to RV if not they will be in a financial meltdown within a year or so. Just hope Shabibi agrees with that theory.

Yet the Home page has it pegged on 12/23 and Currency Auctions section list last one on 12/22. Anyone else notice how many days since Oct 6th 2010 there have been zero in the cash transaction columb. All last year I never saw more than 2-3 days of zero in that columb. Maybe we have all their cash. LOL. I remember somewhere on here someone mentioned Warka/ Rabee person said they couldn't trade because GOI/CBI had called in the cash. Sorry this is way out there and should be in the Rumor or Two Cents Section.

I went to the IMF site SDR section and compared SDR numbers between Kuwait, Saudi Arabia and Iraq. One thing stood out as different to me. Iraqis Fund Holding of Currency was 150% of Quota where as Saudi and Kuwait were in the 80% range. I tried to determine what this number corresponded to but was unable to determine. Anyone know?? Other than that Iraq had a loan from IMF that is due to be paid off over next 5-7 years. I guess I am getting bored now. Sorry

In the Lop section there is more information than you can imagine. Thanks for your question.

Wouldn't it be easier to pay this debt back with a dinar = dollar exchange rate??

People who take risks like this don't usually talk about it because we don't want to hear the negatives from the naysayers. As mentioned above, this investment has nowhere to go but up and I'm going along for the ride.

Great Info. Thanks. The world needs this RV and soon.

I did notice by the way that DT took 10K bills off his site for purchase. He only shows 25K and 5K now. Maybe I missed that before, but there is now a gap between which I am almost positive was not there before. Just something I noticed.

Yes. Very well said. Thanks.

http://www.thenational.ae/events/categories/gastro/iraq-gives-go-ahead-to-kurdish-oil-contracts They were froze a while back. This was one of the sticking points with the Kurds. The above article shows new GOI has approved. This is very good for us.

Yes, It says there is no website at this address. Maybe they are running around the country setting up cash-in sites??? Bring it on.

Thanks Moe. I will take it whenever it comes. Go RV

Just my two cents here. They don't want to start a run on dinar worse than there already is and they don't won't to have everybody who can't afford to loose this money involved. It was mentioned above about knowing about the dinar. I walked in a BoA the other day in a smaller town. Nobody except the Mgr had heard of the dinar. Why is that? Another example, my wealthy brother has been in it for almost 2yrs, do you think he said anything to me? Most are not going to talk about it because of the naysayers. Just my take. Happy Holidays.

In addition to what I mentioned above, the forecasted GDP for the next 5yrs is 11.0+. That is 3 times more than ours is now, and double what we can maintain without high inflationary pressures. Just a hint, when this RV hits, I am going to pay back the Iraqi people by putting some money in their ISX. I must be getting late. I'm answering my own post now

How many people spend $5 dollars every week on the Lottery. What are the odds. With the recent GOI formed and UN sanctions lifted. They cannot keep it at its current rate for long without major problems.

As long as you can afford to loose 70% without any major problems you are fine. I didn't go into this to loose money, but they don't call it speculation for nothing. Go RV.

http://www.imf.org/external/pubs/ft/scr/2010/cr10316.pdf For those of us that like numbers this is a great paper. I especially like pages 18, 19, 20. Warning may be boring to some without economics basics. Keep in mind, the trade imbalances are estimated at lower oil prices. With a trade imbalance like shown the currency has to substantially appreciate. I find the External debt also good. Notice how the forecast shows it disappearing in a couple of years. You know how strong the dollar would be if the US had no external debt????. Just some numbers I ran accross online. I believe a naysayer may have mentioned it because it shows no appreciation of currency. That is typical of a forecast like this. they have to hold that static or it would throw off most of the figures. Like I said, just some insight. Don't take them for meaning that much other than this countries economy is destined to heat up pretty quick.

My idea is some people feel they will pull in the 25K bills first. If you are interested in holding out awhile, some may think that lower denoms.. will be less hassle. Plus if they force us to turn in 25K quicker there may be a fee for that. Just my take. Please feel free to correct me.

Bring it on.. RV baby.