With the amount of people saying for Iran to stay out of Iraq's business, I feel a false flag coming to get into Iran. If anyone does anything to Iraq and it is blamed on Iran, welcome to WWIII. Very Scary.
I am thinking it will come out around $3.30. This is based on the US State Departments plan for the Dinar before we even invaded Iraq.
"To sustain the likely positive impact of the new currency, it is essential to re-establish the base purchasing and foreign exchange value of the New Iraqi Dinar as it was in the 1970s." (1 ID = 3.30 USD)
If they also want to be the strongest currency in the ME, it is going to have to be a lot higher than 1:1.
I do agree with you, but then I don't. When I see that the federal Reserve is giving some serious guidance to the CBI I do not even question it. Mathematically how can the Federal Reserve hand out 16 trillion? Yet they did it. Then I see the document that was created by the US gov't in 2002 about the future of Iraq before the war started. It stated "To sustain the likely positive impact of the new currency, it is essential to re-establish the base purchasing and foreign exchange value of the New Iraqi Dinar as it was in the 1970s." (1 ID = 3.30 USD)
Who knows... Time will tell.
Thanks for getting this info out. I have been following Bob Chapman for many years, and he has never lead me wrong. If you really want to know what is going on in the world, please subscribe to his newsletter theinternationalforecaster.net A wealth of information.
Well said Tyron!!
If you want to know anything about Gold and Silver go and listen to Bob Chapman. He is one of the best and he is a guru. What he has said for the last 10 years has been spot on. I wish there was a 'Guru' in the Dinar community with his track record.
I am not selling my Gold or Silver.
I am new here and am looking to purchase two million Dinar from a trustworthy and fair dealer. Can anyone give me any recommendations? Thanks and looking forward to hearing your recommendations.