binko

May I. Its basically the LOP which when he says "Homogenous Function Degree Zero" its basically saying that there is no change to valuation. It serves nothing to really strengthen the currency and is only a smoke screen to what really needs to be going on. An RV may be very close as this so called LOP may never need to happen if much of the money supply has been taken back via the auctions and whatever other mechanisms they have.

I think that the crappy translation is once again at fault here. They are saying that 1200 dinars will buy a dollar and then a dinar and 200 fils will also buy a dollar.......ie 1.2 dinars (post poppsy loppsy) if you want to believe it all. But its the same old same old........only difference here is that they are saying that it will be a lingering process over years. Which is really crappy if you believe them. How does it serve their best interests anyway? It doesn't do a thing for their international standing or economic progress unless they RV before releasing new currency. So I'll drink to that.

The fact that they say the same friggn thing ALL the friggn time - is such an overplay that I believe it really is a smokescreen. But do you really think that the powers that be would let them......come on, these Iraqis are so indebted to the liberating forces and international investment and oil sales that they will do what is dictated to be done by those with the mega interest in seeing their dinars bring a big return etc..........iraqi parliament is the most puppet like i have EVER seen. Its a friggn joke!

I agree - unfortunately ..........unless all this Lop talk is a smokescreen.

Yes Agreed and I recently used wire transfer to the new outfit.......probably just a wiring change........ Crazy how everyone wants to read RV into it. Would love the RV be now but this means zippo.

= smokescreen

Here's a thought: 20Mill did a scenario of CBI auction buybacks of dinar.........looks like 30- 50Trillion dinar bought back per year, at least (based on more like a trillion per week to me). Well thats been going on for several years right.... So if electronic is involved in there somehow then there's far more than enough to cover how ever many trillions up to about 300-500 Trillion or possibly more. So definitely think there is capacity in that argument. What say yee all

Thanks again 20M.........me I am very privileged to be in on this so late and with half your names sake worth.

20M Many thanks for that! Mucho appreciato. And to the several others who responded to my post - thanks also.

WHAT IS BEING SAID IS LOP LOP LOP !

I saw those daily currency auctions there and considered that they were actually selling dinar for USD. !!!! ie the other way around. I mean hey, where do all these dinarbanker and the likes get their masses of spanking new bills? So I see it as highly expansionary! And to the reverse end! They quote the auctions in USD and I assume USD equivalent because they are raking in USD from brokers who get it from you and me. Prove if you can that they are buying back dinar........coz I say its the other way around. Just saying IMO..........wish it weren't so but.......realism is where I am at. I sure hope you are right! Isn't there anyway to find someone who really knows whether dinar or $$ are being sold at the auctions? Also, I heard that the US forces are being paid in dinar not USD these days......so they must be getting lots of 000s out to the market , not removing them. This is not consistent. Can you explain this? Thanks.

I read that the 1000 dinar note will be a coin......I guess like a $1 aussie coin mate. Not so sure about the lop not happening. I think it will lop and then strengthen. Maybe 3-5 bucks.

The coins won't be worth $25. I think that is wrong. They haven't come out now simply because they are not relevant until the three zeros are dropped and the internal economy is rebooted at three zeroes less. When they are released they will be equivalent to coins say in the USA. When the Dinar RV at say $1 or more these coins are the...what do you call em....instead of "cents", I think "fils" . And then the lower new denom notes will be just what they say they are- ie approx 1 dinar, 5 dinar, 10, 20 50 100 dinar - yes . Simple. All existing on the ground notes in iraq will need to be exchanged for these lower denom. ie trade your 1000 in for a 1dinar new note, trade 4 of your 25,000 notes there for one new 100dinar note. Loaf of bread used to cost 2000 now will cost 2 x 1 dinar notes or 4 x 50fil coins. Pretty darn simple me thinks.

If / when it RVs I believe it will be tied with the 000s dropped from INTERNAL pricing in Iraq. If it is approx 1:1 rate with USD then the locals will be able to buy exactly the same stuff and only small currency will be valid......thats why there is such a big run on locals getting rid of their big notes for USD these past days. This activity to sweep the streets of large notes is fully consistent with an impending RV 1:1 ish. Addressing Riots: I think NOT. When the RV occurs yes they may or may not hardly know what massive money is being made by the USA and currency speculators in the first instance, and that will quickly be replaced with realisation that there is now a real economy that they are living in. I also think that the Iraqi government will, with strategic timing, pump some sort of massive stimulus package to the people in many forms - as learned over these years from their close association with "democratic" powers that be with their nouveau socialistic ways of appeasing the masses.

If they sell after the RV it will be at the RV price plus margin, not the absurdly low rates we have now.

Yes I agree.

Yes its a good solid glitch. Silver and other currencies not glitched but yes I don't mind buying 587oz of pure gold with my 1mill dinar. Nice Glitch. And a conversion rate of $.86 seems very coincidental to valuations we have been hearing......over all nice thumbs up.

Say what? Something about a siamese monkey speaking through the eye of a camel or something?

This is great. All this confusion and run on the dollar - (I mean just how much more valueless can the dinar get! - its just misguided fear) - the confusion and disruption points to the need for a speedy implementation. And the zeros will go with a simple RV, its the best cleanest quickest solution IMO........everyone will be very happy on the ground and us outside holding the big notes.

couldn't agree more, and its for this double jeopardy reason that it just may come good. This is the weirdest investment I have made. I have made some high risk investments and lost it all, so I am familiar with risk. With this one though, I only put in a small amount ( which would be sufficient for a big gain if it comes through at anything above 10c in my book.) and am happy to watch the banter until it RVs. and IMO it will RV. No need for a bunny ear just revalue and see the big notes disappear from street use. I do see that opportunism re hype and pumping and dinar sales is standard business in the good ol USA and so that does't disqualify this investment at all to me. I am concerned about the overall money supply but so long as the street level is managed and the massive iqd that are turned in by us all for our millions is converted to oil value from Iraq via the fed then it just may fly. Its a bit tricky, but it COULD happen. So I'm in - with a manageable investment - and will definitely not lay away any more based on rumor of a date. Keep it real, it may happen, its not a lottery ticket - its a peculiar high risk and long term investment that will, I think pay off, but just how much.........don't absolutely count of massive but certainly a decent return. Yet don't rule out massive. And do seek Him first.

Very balanced and compassionate understanding of the human condition as relates to this investment. I got suckered into the idea of 3,000+ multiple gain only a couple of weeks ago and have been intensely researching it. I nearly wasn't going to pay the final 90% of the layaway except that I figure a 2-3x return is fairly close so I paid it and get my 25k notes in a day or two. The second layaway comes due for its 90% final payment in a few days and I am quite likely going to to just let that 10% just fly off because I doubled up on June 30th believing that was the final day for buying Dinar at these rates. I have enough invested in this. Please know that my investment in Dinar represents only about 1% of my portfolio of investments. Keep it real folk. Be blessed in life. His Spirit is life.......the money is a tool, and sometimes a tool that can squish the life out of you. Be careful. Give thanks and hope truly only in Him.

ha you got like -37 for that.......but you know what.......your kinda right! Watch I'll get a smattering of red too!

LOL ha ha yes its happening tomorrow......oh I mean yesterday..... broken record. But ever hopeful.

I think you have the clearest head here. I agree, it looks like a lop followed by reasonable controlled appreciation. I see a 50 - 300% return here and not much more. This is maybe a way the massive returns could be realised. But I don't understand the banking system differences. I do think that the only way an RV could happen without removing existing currency is if there is an adjustment internally within Iraq such that the dinar is valued differently to outside......but how could that happen? I just don't see it. Is it possible somehow? Can you explain if so plz?