Skip^downsouth
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Sorry if I repeated something but I must have missed the post haven't had time lately to read the forums much. Hey Jeepguy I'm from the NE part of the state too golden triangle. Go Dogs :twothumbs:
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I noticed on the CBI site that they have ordered 10 De la Rue machines. Do you think it means they are getting ready for something
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Get um while there hot IRDs on every dirt road in Iraqi and $3.68 at the CBI wow But seriously I really hope this is true
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Sounds right to Me
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From what I have read on this forum the CBI is buying up dinars with USD they get from oil and has been for years I suspect or least hope the 30 trillion figure you mentioned about dinars in circulation is now somewhat lower and the CBI has a lot of dinars out of circulation. I believe if this is the case the CBI is waiting to get the amount of dinars in circulation down to a figure they can RV and afford the payouts but who knows when this will be
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Then like I said the CBI is buying up dinars and over the years they should have collected a lot of those 30 trillion dinars out of circulation and when they get the dinars in circulation down to a figure that they can manage they can RV but who knows when that will be maybe soon I hope
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Is the CBI selling USD for Dinars or Selling Dinars for USD? I have heard on this forum that there are 30 Trillion dinars in circulation and they can't RV with that many out there because there is not that much money in the world to cover them But if they are using USD to buy Dinars and doing this over several years they have had to have reined in a lot of dinars and there can't still be 30 Trillion out there
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Sorry I guess I didn't see it
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I found this post on anther site “Over a year ago I put two and two together and thought of the #1 precious metal that is in Iraq, GOLD. It therefore seems plausible that in an unfolding RV, if anything would go up first, it would be Gold. So I have been watching the IQD and Gold on Coinmill.com for about a year. For a long time, and as of this past Sunday, 1,000,000 Dinar would buy .6 oz. of gold according to Coinmill. That is consistent with their long-standing currency rate of 1 USD = 1,174 IQD. However, since this past Monday, Coinmill has consistently been showing a very interesting (and very different) set of numbers … Go here http://coinmill.com. Under the “All Currencies” headline, select Iraqi Dinar. Enter a quantity of 1,000,000 (without the commas) and click on Convert. Scroll down, looking in the rightmost column until you find “Ounces of Gold (XAU)”. Notice that the value given is now 536.65 or so (it varies slightly). The exact same value appears under Special Drawing Right (SDR) in the leftmost column. If my math is right, this is equal to 86¢ US per Dinar (or $860,000 US per million Dinar).” Of course, this could be a new glitch that has persisted all week, but it sure is attention-grabbing! Awfully curious
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Whats the latest on which banks in the US will handle cash in? I mean should some thing actually happen.