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Everything posted by jas428

  1. Can you email me at ? We can arrange it that way. Paypal is perfect.
  2. Considering offers...again it's for 1,075,000. That's almost 1.1 million. Need the $ for family emergency or I wouldnt be selling.
  3. You can also contact me via email... Ive been on here for while so I can be trusted. I have pictures if youd like to see them.
  4. I have 1 million and 75,000 dinar for sale. All 25,000 bills; bought from GID Associates; Includes their certificate of authenticity; all uncirculated. Asking $950 for all. I take paypal and will ship with signature delivery. Please contact me if interested!
  5. prob tired of the same old thing. everytime one of these articles has come out announcing the reserves and making a statement about the rate of exchange, people go nuts with misinterpretation. it has nothing to do with an rv.
  6. Youre reading this article the complete opposite than what it should be read. If your statement is correct, you described a 100% lop/rd.
  7. 33 tril dinar iz equal to 25 billion dollars..thus the reserves of 80 billion can co er the current rate of exchange. youre reading this wrong if you think it means an RV rate.
  8. 33 trillion dinars currently equals approx 25 billion dollars, thus they are simply saying they can maintain the current rate of exchange while backing with reserves. this has nothing to do with an RV....its business as usual.
  9. Thanks for the chat....I've been away for while but hadn't caught any mention of what your contacts overseas are saying?? Obviously they're excited about Chapter 7, but have they made mention of a rate increase in the very near future? I would've posted this in the questions but, as I said, I have been pre-occupied with some family things that needed my attention. Thank you.
  10. Very well said. None of those things were ever proven as fact and have been expanded from rumor to truth with no basis.
  11. First of all, again, what article is he referencing? He always seems to reference these so-called important articles, yet we never seem to see them?? Secondly, he is now using statements such as "this information must be 'guarded'"?? Wow. He's getting worse everyday.
  12. Its not unethical, its a standard practice. The Iraqis won't be cheated out of anything. They still have the exact same value of money that they had before the exchange, unleS the new IQD revalues a bit. Its an economically standard RD. I'm not sure why anything feels its "unfair" because the only people who feel they've been cheated are the ones who believe in an overnight millionairre scam. Eight year ago when I bought IQD, there was not talk of the "zeros." Everyday currency investors like myself hoped to gain a penny at best in a revalue. Now with the internet, sites selling IQD for profit, and forums, a farytale has sprung as they make millions by promising that everyone who buys will be millionaires. Think about it, and look back through the ineternet starting from 8 years ago up until now to see how twisted this has become.
  13. You just described how it will happen exactly. The coins are to make change for the new currency. I'm not sure how this doesn't describe an RV, just as every other RD has ever taken place. They remove zeros, introduce new notes, have two existing currencies/two exchange rates for a year or two, then they can raise the value of the new currency. No, I'm not a "lopster", I'm an educated and experienced economics professional/forex trader/currency trader/sat on several banking boards, you name it. So please don't challenge my opinion. If you don't agree with it I respect that, so please respect the "professional" take on this matter.
  14. Iwith all due respect, I personally don't care if its 3 days old. Its an article just the same and it holds the same value as "Carellos article." For Heavens sake people, there is a 50% chance that this will not go the way you all bought into. Just be adults, accept the RD as a possibility (noone said you have to like it) and read each article as an additional chance to become more educated about the process. Stop bashing each other as if anyone has any control over this.
  15. Again the fact remains that there has been no article so far come up that states that they "are not taking out the 250, etc" from circulation. Also, again I reiterate the fact that no where in this article does it state ANYTHING about lower denoms. I'm asking for proof from noone. I'm simply stating facts, so please take it with a grain of salt.
  16. Thank you sir, this is my point exactly and the way the articles were translated to me. Nowhere in those articles does it say anything about lower denoms, it simply states that the same currency will be continued.
  17. I would highly call myself uninformed. I have traded currencies for 32 years, have taught economics for 27 years and have been to Iraq 7 times. I also happen to have some very reputable collegues from over the years who are in the trading/banking business all over the world - including Iraq. So if for one minute you think I am "informed" by reading internet forums alone, you are mistaken. Sincere apologies for going against the grain and not agreeing with Mr. Kap. Its not hard to see that he has been wrong in the past on countless occasions, please read past chats of his for clarification. As a side note, I bought IQD 8 or so years ago, as a currency trader. It wasn't until the internet got hold of an RV dream that the talk of lops,gurus, pumpers etc came around. I'm guessing most people on these forums wernt in possession of IQD until they eheard about it as a get-rich-quick scheme. I still hold onto my IQD because my experience and knowledge (and colleagues) all stand by the original reason I bought it...because it wil go up in value. Anyone who knows anything about currencies knows that even 3 time increase in investment is unheard of so that will be worth it to me. Currencies simply do not increase by 100,000 percent. That would disrupt the entire system and cause disasterous consequences. So back to the main topic, my dear, I am highly knowledgeable on this topic and I have yet to be wron in my statements. Kap has been wrong and I'm simply stating my opinion that I disagree with his interpretation. The "current currency" is simply a continuation of the currency that already exists, not lower denoms. Please accept that as my opinion and do not challenge my expertise.
  18. At no point in time in that article(s) does it imply that the "already printed" denoms will be issued. That is a far fetched mis-construed interpretation of what is being said. Don't believe me? Have someone fleutn in Arabic translate articles such as this for you. I've used two translators for this one, and also forwarded Kaps interpretation to them. Needless to say, Kap is way off and is adding informtaion that is not in the article: I.e. The old denoms being released. Wow. Talk about pumpers.
  19. Disagree. Turkey is a clear example of where a country RD'n had 2 currencies co-exist with 2 different exchange rates for at least an entire one year period of time. This is fact. This sis also the model Iraq says they are following for their RD. This is also fact. They CAN RD and have both currencies co-exist with 2 different rates. The old notes at .00086 and the new notes at .86. That's EXaCTLY what tureky did and it was successful.
  20. Honest question here: adam, I thought you supported the whole "removing the zeros" plan because you agreed that it meant removing the notes from circulation? This chat seems to reveal that you now don't agree with the plan...can you clarify?
  21. They will raise the value....of the new notes. Old notes will remain.00086, new notes will be .86. then they can eventually raise the rate when all that exist are the new notes, they have never said that their plan was anything but this.
  22. This clearly means the current plan is to RD, although everyone who has the pipedream of becoming a millionairre overnight will disagree and call it smoke. It also clearly means that the CBI HAS NOT been withdrawing bills from the market and secretly storing them in some private back room. They are saying its going to take a massive amount of work to destroy 40 trillion dinar, and where on earth wil they have room for such a procedure. There's an explanation in the "L" section of the boards that explains how Turkey RD over the period of 2 years, both currencies co-existing, no change of rate, and the benefit of such a all should read it - as it is absolute fact and not just someones opinion of how it went down and how Iraw, so far, has been modeling it EXACTLY.
  23. their budget never goes into affect on time. Remeber the past few eyars it didn't get approved until March/April?
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