Speakn The Truth
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Everything posted by Speakn The Truth
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Did Adam have his weekly chat?,I cant find it if he did.
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If there is life on another planet im moving.Tired of all these crooked,criminal politicians.
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September
Speakn The Truth replied to Alex38's topic in Opinions, Perspectives, and Your Two Cents on the Iraqi Dinar
It's going to RV September 11.Plus nit will save Obama from not being re elected. -
When Kawit Dinar Revaluated,was there a site like this and investers talking like we do,with false prediction dates?.Just want to see if we are in the same path.
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I read alot of articles on this site,rarely do i post.But 1 thing that has gotten to me is people saying this is a long term investment.8 years isn't enough?.Is long term 100 years?.
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Cast your Vote for the Worst Guru
Speakn The Truth replied to Benjamin NutnYahoo's topic in Off Topic posts
All of them tie -
Questions for Adam/Chat on WEd. Nov. 23rd,2011
Speakn The Truth replied to cgbrown's topic in Chat Logs
Hey Adam,hope all is well.I dont every write much on the site,for about 4 years i have been on your site.Thanks for all you do for us,My question is for the past years i know its been said millions of times,we are close to an rv,all we need is this to happen.What makes you so sure we are close and your round about date?. -
Questions for Adam's Chat/ week of 11/16/11
Speakn The Truth replied to cgbrown's topic in Chat Logs
Hi Adam,First off would like to thank you for all you do.I log in every morning to see any updates.Is there any truth to this In house Rv today?I know i get caught up in the hype of today tomorrow it will happen,but one day someone has to be right,is this the day? -
http://www.iraq-busi...ory/investment/ 4th article down Can someone explain.Im new here would like some body with more expierence to explain.Even if Adam can.
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Thanx Dinar Buddy.But i provided the site and instructions to get to this article Once again Site name is IraqBuisnessNews.com....There is a tab that says Investment click on it.4th article down is this article i posted www.iraq-businessnews.com/
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New Dinars for Old Posted on 05 July 2011. Tags: iraqi dinar, ISX, Redenomination -------------------------------------------------------------------------------- At the end of last month, a spokesman for the Central Bank of Iraq (CBI) told reporters that a plan to redenominate the Iraqi dinar will be presented to the Council of Ministers in the near future. (See here and here.) The Council is then expected to submit the relevant legislation to Parliament for a vote. If the lawmakers approve the project, all existing banknotes will be replaced with new currency at the rate of 1,000 old dinar for one new over some unspecified period of time. Given Parliament’s current backlog, this change can hardly be imminent. Still, you might think they could get around to voting on the CBI’s proposal some time before the end of this year. In that case, the redenomination could presumably be completed by the end of 2012. The process will necessarily involve both the exchange of new banknotes for old and the restatement of contractual obligations in terms of the new currency. Among other things, three zeros will have to be eliminated from the share capital of the ISX listed companies as well as from the number of shares each has outstanding. (This will keep the par value at one dinar.) I’m told this should be a relatively straightforward change for the depository center to make. Trading should not have to be suspended for more than a few days and it may be possible to proceed in phases of a few names at a time so that the entire market does not have to shut down during the transition period. Similarly, it seems reasonable to expect the CBI to exchange new dinars for US dollars at one thousandth the rate for old dinars. In other words, if the original rate were IQD 1170 = US$ 1, post-redenomination this would become IQD 1.170 = US$ 1. All of this seems reasonably straightforward for anyone holding assets such as currency or shares inside the country. For those holding dinar cash outside Iraq, however, things may not be so simple. How and on what terms their old dinars will be convertible into the new currency remains an open question. Dont know how to put the link on here.If you goto Iraq Buisness News.You will see a tab for investments click on it,scroll down to the 4th article its there.Sorry for not being able to provide a link.Dont know if this was posted also.