andy3978

Apparently the end game here is to have a new set of Dinars...1's, 5's, 10's, etc. This would in time effectively eradicate our IQD. from the 50's up through the 25k. It's my understanding that a change in currency can only occur every 10 years. If this is true it would mean the new currency cannot be introduced until 2013?

It'd be interesting to see how the RD + RV will go down outside of Iraq. Like I bring in 1 mill IQD to the bank, are they all going to know that now it's really 1,000? I'd love to see some bank errors in our favor

Yo. I actually wanted to PM you but it wouldnt let me. I think you are right though regarding this being a lop. The CBI makes statements and announcements etc SAYING this, and everyone is like 'oh its smoke and mirrors etc'. Yea well maybe it's not....maybe they are saying precisely what they mean. Besides how can they go around making false statements---the lop will be confusing enough for the average Iraqi, now they're going to make it even more confusing? Nah See, this whole thing is contingent upon making and releasing a NEW Iraqi Dinar. It must have Kurdish on it etc. If you ask me, it's all starting to look like a well planned scam. They KNEW notes with 000 would be impractical and they knew they'd have to revamp it--so they sold the snot out of the IQD to beef up their reserves with USD and will release a New IQD and give up pennies on the dollar. I've been saying this for months now. So aside from that Keep, is it fair to say that it will go down like this: LOP then RV... my 4 million IQD gets lopped and is now really 4,000 IQD---they RV at say 3:1 so I cash out my 4,000 IQD for $12,000 minus the spread which for example TD Bank was saying will be around 30%. 12,000 - 3600= $8400 . 8400 - 1680 (conservative 20% tax figure) = $6720 $6720 - $4,000 (cost of the Dinar) = $2,720 profit on this investment $2,720 is hardly worth the BS brought about from this. Not really sure if I will bother opening an off shore account or a trust with all this mega profit. Looks like I wont be getting my Tans Am and you wont be getting that Caddy LOL. Please show me where I am mistaken here, besides estimating 20% on the tax.

+1 Jim. Thanks

might have been a good idea to put Kurdish on the notes to begin with. Along with making 1's, 5's, 10's & 20's. This whole thing is starting to smell fishy. Seems like a well orchestrated plan. I hope I am wrong

OK there's a bunch of junk being put out there regarding 'raising' zeros; 'deleting' zeros; etc; etc... So what's the deal exactly? Are they talking LOP or what? Are they basically saying their plan is to do what KeepM has been warning us about for months and got bashed to hell for? Are they talking LOP'ing then RV'ing immediately? How do you remove 3 zeros off a 50 IQD note? Why would you remove a 50 IQD note from circulation only to replace it with another 50 note? They talk about removing the 3 zeros, well my 50, 250, & 500 notes do not have 3 zeros...are they excluded from this plan? What are they really talking about, and let's try to keep it simple please. Thanks

Whatever, they can RV half assed. If they screw up they'll get bailed out like everyone else

Isnt there some law stating a currency can only be changed after a 10 year period? I believe this is the case.

All this talk lately coming from Iraq about raising/deleting the 3 zeros....this is basically a LOP, no? It seems folks are excited about all this news and such, but the way I understand it...whats so great about telling me that my 25,000 note is worth a 25 note? Or my 'super valuable' low domination 50 note is valued like a Nickel? We obviously arent going to be able to exchange out IQD for the new low denoms, so either we will be told our IQD is no longer valid or we will have to change them for what exactly? Anyone making sense of all this? How is this supposed to go down? Like I said, from what I am seeing, it looks like a break-even at best...so I'm not sure what all the excitement is all about.

Well if I were Malaki or Shabibi or whatever big shot is over there...I'd sleep a lot better knowing US forces are around the corner and not the Iraq Revolutionary Guard. We saw how they kicked butt in Gulf War I. Once they caught wind of the Abrams M1A1 on the horizon, they threw up the white flag faster than any Frenchman could hope to!

Come on guys, something of this nature would be a top headline on UN.org. Yet there's no mention of it anywhere

The US is stationed in Iraq. Our massive presence there is far more powerful than any army Iraq can muster up...and certainly nothing that can prove a deterrant to the Iranian Revolutionary Guard. Having a military to 'protect their wealth' doesnt make much sense right now considering who's watching their back now...even is we are slowly withdrawing.

Ok thanks for the input. Now lemme ask...when will that RV occur so I can cash out! !!

It appears not all signs point to a LOP. So as we all know out 25,000 note will be equal to a 25 note etc.. It is my understanding that if a LOP were to occur it would affect each note the same, unless I am wrong. So what happens to my 50, 250, & 500 IQD notes? am I now sitting on a pile of nickel, quarter, & half dollar notes?

Working now. Still showing yesterday's date

I think people are reacting to what Sonny1 actually said. Which obviously did not come true. if you want to say that 'anything can happen in a 3 week window' then by default you give credibility to Okie and the rest of them. To refresh, here is Sonny's quote: sonny1, on 14 June 2011 - 07:27 PM, said: I am not going post an 8 paragraph explanation, but it will rv with-in the next 3 weeks. All the old dogs know i have come to hate all these idiotic websites, but just wanted to let you all know No details, or references sonny1, on 14 June 2011 - 07:44 PM, said: Its not a guess. Making a statement as though it's fact sonny1, on 26 June 2011 - 09:38 AM, said: My date was July 5th. And yes I am sticking to that. A date is given and backed up as though it is 'etched in stone' Read more: He did not give details, sources or specifics. he simply threw out a claim with noting to substantiate it. Now tell me please...with all the gurus and rumors that are churrned out daily, when someone as respected as Sonny makes a prediction, are clear thinking people suppose to file it in the 'Okie-type rumor' drawer? When respected members start making predictions like the one above, it must be expected that folks will take them more seriously than Okie. So if a respected member wants to 'stick their neck out on the block' they need to be prepared to accept the reprocussions.

Nothing new unfortunately http://www.nzforex.co.nz/cgi-bin/currency-converter.asp

any info on a rate or straight rv Vs. Lop?

I just checked the UN site and there's no mention of this. Also a Google search yielded no information.

this looks promising

LOL. Deleting posts. No wonder why there's such a high rate of attrition. Too bad the good ones had to leave.

Still though, I have always enjoyed your posts.

How can it appear on the NY Forex if the NY Forex is closed and doesnt open until 8am tomorrow? I dont think the NY & NZ Forex is open concurrently due to time zones

Here's how we can confirm or debunk the July 5th date TODAY....laster on this afternoon, we check the New Zealand Forex. If the IQD did RV, it will show up there first. If no change there...then there will be no change at 8am tuesday morning here with the NY Forex opens.

now THAT is the most rational reason regarding the 5th i have heard all weekend