SmokinAce

January 8, 2011 By Fred Wilson Subject: 1-7-10 Frank recap I’VE TRIED TO PUT THIS IN A WAY YOU WILL UNDERSTAND. THEY ARE TALKING TOTAL CURRENCY ON THE MARKET. IRAQ HAS PULLED THE MAJORITY OFF THE MARKET IN IRAQ AND PER FRANK, HAVE BEEN DESTROYING THEM. THEIR M2 FIGURES ON THE CBI WEBSITE SHOW THE REMAINING CURRENCY AMOUNT STILL OUT. THAT WOULD BE YOURS AND MINE. WHAT THEY ARE SHOWING IS A DRAMATIC DECREASE IN THE DINAR THAT IS IN CIRCULATION. DELTA IS COMMENTING TO FRANK BELOW … “BURN BABY BURN” MEANS THEY HAVE BEEN REMOVING THEM AND DESTROYING THEM. Yes it is Frank and don’t forget to look at the CBI spreadsheet you know where they have the M figures and reserves….look at the M2 figures. LOL…burn baby burn. LOL…yes Frank they are shredding them like crazy. It says that their M2 is now at 56 billion dinars. It used to be so much higher especially at the beginning of the year. This number has shrunk because they have collected 85% of their 000′s and have destroyed them. Frank IMO the GOI will need the remaining 15% to run their banking systems after Sunday. If they RI on Sunday then they are back up to full capacity with their currency adjusting to the re-denomination with the LD’s. WCINTHAI ASKED ON THE BLOG LASTNIGHT: HE IS SAYING IF THE TWO FOLLOWING FACTS ARE TRUE, THEN WE HAVE TO BE VERY CLOSE TO THIS HAPPENEING. THE US MILITARY ARE ALREADY STRIP SEARCHED BEFORE THEY LEAVE NOW THE BOARDERS ARE BEING CHECKED FOR CURRENCY LEAVING THE COUNTRY. FRANKS POST LAST NIGHT STATED THERE IS A RUMOR OF A TRUCK ATTEMPTING TO LEAVE WITH 500M DINAR ON IT AND THEY SUPPOSEDLY STOPPED IT. (ITS IN FRANKS REPORT AT THE END from last night). BUT THE M2 FIGURRES BEING REDUCED BY 85% IS AN ADMISSION BY THE CBI THEMSELVES THAT SOMETHING IS ABOUT TO OCCUR. A couple of questions Frank. I would like to know if this spreadsheet showing 58 billion dinars, did this very same spreadsheet show 27 trillion before? On the army boarder watch, do they have specific orders to look for dinars or is this a general issue? If you can answer yes to the two questions, then that would explain were my socks went. Otherwise I must just forgot to put some on. AND FINALLY BELOW IS FRANKS RESPONSE TO WCINTHAI FIGURING OUT WHO HOLDS THE REMAING 000 NOTES ON THE MARKET. US. FRANK CONFIRMS. Interesting, I found them in the drawer. Then I was wondering if they will still remove about another 25 bln dinars which is the target, which should not be hard to do…..that would be us would it not? __________________ …………………..INDEED! KTF, Frank

My banker said almost the same thing and said it sounded like a scam to him.. Then i explained to him what was goin on and told him to just get ready to handle my money.. lol

well just thought it could be posted beings nobody has heard of dinar turnover until a few days ago.. and then here this article is that talks about it .. just saying..some of you people are just to far gone...

News About Iraqi Dinar Iraqi Dinar Exchange Rate Currency Exchange News You are here: Home / don't promote other sites Tidbits / * Racerman: US Military turns in dinars * Racerman: US Military turns in dinars January 5, 2011 By Fred Wilson Leave a Comment The latest news/reports about the US Military being asked to turn in their Dinars seems to conflict with the information received only last year and re-referenced a couple of months ago…. The Future of U.S. Dollars in Iraq: As U.S. Forces conduct stability operations in support of Operation Iraqi Freedom, the removal of US currency and increased use of Electronic Funds Transfers (EFT) and Iraqi Dinar are top priorities. Therefore, US currency will be reduced to an operational minimum at all finance Offices in theater: The U.S. Dollar is being phased out of the Iraqi theater. The increased use of Iraqi Dinar will facilitate a decrease in the dependency of the local economy on the U.S. Dollar, and to encourage Iraqi Financial Institutions to expand and mature into reliable resources for the Iraqi people. What this means to you: • Effective 1 June 2009 the Finance Office on Tallil will no longer disburse U.S. Dollars. • All checks cashed will be loaded on to an EagleCash Card (ECC). • You WILL NOT be able to withdraw US Dollars from your ECC. • You WILL be able to withdraw Iraqi Dinar from your ECC at the daily exchange rate (rate changes daily). http://iraqidinarnews.net/blog/2011/01/05/racerman-us-military-turns-in-dinars/

News About Iraqi Dinar Iraqi Dinar Exchange Rate Currency Exchange News You are here: Home / don't promote other sites Tidbits / * 8ball Chat: Dinar Veterans (Private Site) 1/4/10 5pm * 8ball Chat: Dinar Veterans (Private Site) 1/4/10 5pm January 5, 2011 By Fred Wilson Leave a Comment 12:55 PM [sailor] 8!!!!!!!!!!!!!!!!!!! 12:55 PM [8ball] Hey sailor 12:55 PM [chloe] 8ball even okie is falling into line with your thinking 12:55 PM [sailor] i missed her??? 12:56 PM [8ball] yes I see a polarizing of chats 12:56 PM [8ball] which is good 12:56 PM [8ball] no one really understands what Iraq has to do 12:56 PM [8ball] especially Iraq 12:57 PM [8ball] But I am confident we will see things come together 12:57 PM [8ball] A deadline which is causing paraliment to sit 12:57 PM [8ball] Is the budget 12:58 PM [8ball] Which because of the recess 12:58 PM [8ball] has pushed the timing to January 10th 12:58 PM [8ball] So this is what I’m waiting for….. 12:58 PM [8ball] We also have the Arab Summit coming up also 12:59 PM [8ball] which they will want the Iraqi government in place 12:59 PM [8ball] and also to be secure when they are here 12:59 PM [8ball] the interior minister is buying security cameras 12:59 PM [8ball] for baghdad 1:00 PM [8ball] So they are getting it together 1:00 PM [8ball] Warka site is also taken down their main page 1:00 PM [lgtennis] when is the arab summit again 1:01 PM [8ball] March sometime I think…. 1:01 PM [8ball] Just puts some pressure on Iraq to move forward 1:01 PM [8ball] The Warka main page being down is interesting for me 1:01 PM [lifeisgood2] I sure hope they move forward before March!!!!!!!!!!!!!!!1 1:02 PM [8ball] oh yes 1:02 PM [8ball] I think the next two weeks 1:02 PM [lifeisgood2] So you are thinking the 10th now 8ball? 1:02 PM [8ball] January 10th….. :03 PM [8ball] absolutely 1:03 PM [8ball] but it comes with the Iraqi twist 1:03 PM [8ball] plus or minus a few days 1:04 PM [lifeisgood2] 8ball did the IMF push the change in SDR until later in Jan? 1:04 PM [8ball] The recess caused a delay to the budget, negotiating and the government formation 1:05 PM [8ball] I thought January 7th 1:05 PM [lifeisgood2] I was thinking that it was the 3rd 1:05 PM [8ball] yes lifeisgood2 —it was moved 1:06 PM [lifeisgood2] ty 1:06 PM [lgtennis] what about the smart cards was that moved to the 10th too 1:06 PM [8ball] May have been 1:07 PM [8ball] I know there was an article on the smart cards and the IMF 1:08 PM [chloe] 8ball i am reading that the iraqi list has come up with two candidates for the security post. 1:11 PM [8ball] yes which Maliki is probably trying to sway the voting 1:11 PM [8ball] sorry I was on the phone 1:14 PM [lgtennis] has anyone been able to listen to that audio on shabibi about the removal of the 3 zeros have been started 1:14 PM [chloe] yes maliki worries me. 1:14 PM [chloe] on that issue

Well looked like a little bashing on dinartrade also... that should be like deflamation of a buisiness.. lol GO RV!!

LOL.. NOW THIS IS ENTERTAINMENT !! GO RV!!

Thanks for your info and opinions guys..

I also noticed that DT is buying your uncirculated Dinars for 930.00 per 1,000,000 instead of 880.00 that was posed before..

Does anybody have any info on cashing in at a US bank that they get a big percentage ? For example.. it RV'S for say $3.00 ..The bank gets almost half off the top..and we still get taxed on that,, Or if we cash in with the dealer we bought from like DT, can we get the RV rate?

GOOD POST DINAR HOLDER!! ENJOYED THE READ..

* You are in > Home / Baghdad, Economy, Latest News / ISX index up by 2.6% this week ISX index up by 2.6% this week December 24, 2010 - 01:54:48 BAGHDAD / Aswat al-Iraq: The Iraqi Stock Exchange (ISX) went up by 2.6% this week to close at 100.9 points, compared to last week’s 98.2 points, as trading activities exceeded 12 billion Iraqi dinars. “Trading went over 8.299 billion shares worth more than 12.8 billion dinars (roughly $11 million) through 2781 deals with non-Iraqis obtaining 548 purchase deals worth $2 billion, nearly 15% of the overall trading this week,” according to an ISX news bulletin received by Aswat al-Iraq news agency. The ISX witnessed its first E-trading session on April 19, 2009 over five registered companies, three banks and two hotels. The banks were: Ashur International Bank (AIB), Al-Mansour Bank and the Iraqi Credit Bank while the hotels were: Ashtar Hotel and Al-Mansour Hotel. On June 7, the Iraqi Middle East Investment Bank and the Warka Bank joined the electronic trading sessions. The ISX now holds five sessions from Sunday to Thursday. SH (P) 　ASWAT AL-IRAQ

I HAVE HEARD YOU DIDNT HAVE TO HAVE ONE ,BUT IM SURE IT WOULD HELP IF YOU DID HAVE ONE IF YOU WAS TO TRY TO CASH IN AT A LACAL BANK THAT MIGHT BE HANDLEING SOME OF IT.