hunz2

Dontlop I really do feel bad for you and others that are so blind to see this is a scam. I use to believe that this would truly be a good moneymaker. If you really did do your research you would see the scam that this really is. I just hope you all have not blown to much money into this. Your best bet is to get out now so you can at least get some of your money back. You can see some of my old posts from my first account (Hunz) where I once believed this was a sure thing. I was lucky to realize it before I lost to much

Still can't believe people are buying into this crap. You'll have better odds winning the powerball

But Adam said it did

From the central banks website. 1990 - 2003 After the Gulf War in 1991, and due to the economic blockade, the previously used Swiss printing technology was no longer available. A new, inferior quality notes issue was produced. The previous issue became known as the Swiss dinar and continued to circulate in the Kurdish region of Iraq. Due to excessive government printing of the new notes issue, the dinar devalued quickly, and in late 1995, US$1 was valued at 3,000 dinars. http://www.cbi.iq/index.php?pid=History

He never said that Iraq is currently experiencing hyperinflation. He said that the currency itself is hyperinflated, which it is.

And that would be a 100,000% increase.

It would a 100,000% increase if the IQD was to rv on par with the dollar, not a 1,000% increase.

He failed to mention Kuwait's astronomical RV because it never happened. Kuwait's official exchange rate did not plummet like the gurus say it did. It was the street rate that plummeted.

Great post Keep. Maybe people will finally realize what the auctions are about. Also I find it hilarious the immaturity of some here that they would neg you for stating facts.

That doesn't even make sense. A 1000% rv isn't even a penny

It is a picture.

No he was just giving keywords so you can search google for it. The guy that gave the interview is named Sam I Am and is blog is called dinar douchebags

It was made by merry1. Titled "Interview With Legolas From Sam I Am"

They get confused because they take every word bondlady says as fact. This subject has been covered numerous times and I'm a little surprised bondlady would put something out like this that is so blatantly wrong.

Your right they have been doing these auctions for years. If you look at today's auction you can see on the cbi's website that out of the $245 million auction today, only $6.5 million was cash. The rest is electronic. Lookong at the cbi financial statements and the IMF Iraq is nowhere close to being out of dinars.

So what you are saying is that the iraqi government uses the USD directly from the oil sales to fund its budget. And you are also saying that the CBI spends over 200 million USD buying dinar each currency auction. My question to you is where is the CBI getting the USD to buy the dinar off the streets if its not from oil money? I'm sorry but my earlier post is correct. USD comes into the CBI, the CBI has a currency auction to sell the USD and buy dinar, which then funds the budget.

But it's not negative vibes, it's the truth. Oil money comes in the form of USD to the cbi. The cbi auctions buy dinar off the street and put the USD in the market. The dinar that cbi brings in is what pays for their governments budget. They don't destroy all of the dinar that comes in from the auctions as bond lady states.

While I agree that the reports are not 100%, the IMF is reporting close to the same numbers. I find it hard to believe that they are that far off.

Almost. I'm saying 10 billion USD equals 11.5 trillion dinar or 11,500 billion dinar which is clearly stated in the article. I copied part of it for you. Salih also said Kurdistan Region’s annual budget, which is deducted from the federal budget on a 17 percent basis, will increase of 30 percent from $10 billion USD (11,500 billion IQD) to $13 billion USD (15,000 billion IQD) “which will create a hot market and will bring more economic boom to Kurdistan”. Now where does it say 10 billion USD equals 11.5 billion like you say?

I know it says billion on the end, but it says 11,500 billion. As in 11 thousand 500 billion which is also the same as 11.5 trillion. Let me post the link from my previous post which will help you out. http://www.easycalculation.com/million-cal.php Where it says enter value, put in 11,500. Change it from millions to billions so you have 11,500 billion. If you did it correctly it will say 11.5 trillion in the table. It really astounds me that some you don't even know simple math.

Your right it does say billion, but it says 11,500 billion which equals 11.5 trillion. Heck they could have wrote it as 11,500,000 million, which equals 11,500 billion, and also equals 11.5 trillion. Let me make it easier for some of you. http://www.easycalculation.com/million-cal.php Where It says enter value type in 11,500. then change it to billions. What does it say in the table at the bottom for the amount in trillions? If you entered it right it would say 11.5 trillion.

What are some of you smoking is right. Let me spell it out for you. It says 11,500 billion. Do you see the comma in between the 1 and the 5? 11,500 billion is the same as 11.5 trillion. 1150 x 1 billion= 11.5 trillion. It is not that hard to understand. Lol where did I come up with it? It's elementary math.

So how would you write it out? Lol 11500,000,000,000. Hate to tell bro but that's 11.5 trillion.

Oregon you need to recheck your math. It calculates to .00086

This is good news, but I think they are talking about 4 trillion just in Iraq and not the actual total in circulation.