nawty1

the reason why no other country has increased there currency 1000 times, is simple, there has never been a time were a currency was 3000 times undervalued. if you want, i teach a class at my alma mater berkeley in june, if you send me your info i will let you attend for free. your points are made out of nonsense and anger, not intelligence, they have been stating for months that they have been selling u.s.d for dinar in numerous articles, there here you should maybe read them. it sounds like you feel you are in a bad investment, like i tell all my kids, if you think you are in something you can't handle, get out, investing isn't for everyone.

what does gurus, and pumpers have to do with them rv'ing or not? how is it a fact that they are rd'ing? how is a rv impossible?

what proof do you have that they are actually in the process of doing this? i hope you dont try to use iraqi articles, because everyone knows that they tell the truth!

i don't know if your being serious or joking. this has absolutely nothing to do with iraq.

i had one of my classes do a chart on this, and if iraq only had these individual elements that is what there rate could max out at. i see your point, by adding them up you come out with a very high rate, i would agree that iraqs exchange rate should be around $3.00, however it would be impossible for iraq to come off the starting block that high. my guess and it is only that is we will see somewhere between $.30-.80, with a slight possibility of it being as high as $1.00. sorry if i didn't make my self clear, i do not want to be known as one of those pumpers. thanks

exactly a r/d is a completely neutral event, don't get me wrong, there is alot of work-time that goes into a r/d, but it ends up a 100% neutral wash. all of iraqs actions are leading to a revaluation, once they announced they were buying back dinar for u.s.d that sealed it. i would like to thank everyone on this site, my buddy talked me into coming on here and i am glad he did, everyone is great. i will try to come on more often, my schedule is tight right now, we just got back from vacation, and i have to get caught up. anytime a country finds this much gold it is a positive thing, i feel it might not make them revalue higher, but it will make iraqs economic situation alot stronger. with the studies my classes and i have done in the past, we have concluded that if iraq only had: natural gas the dinar would be worth $1.40-1 u.s.d gold the dinar would be worth $1.00-1 u.s.d or so. minerals the dinar would be worth $.65- 1 u.s.d. and that is before the main ingredient. OIL

i am sorry i didn't mean to come off as a jerk, but the articles are out there.

so whats your point? i am just stating what the articles stated, they stated that the cbi was buying back dinar for u.s.d, how can you argue that, it says it!! my college mate from cal-berkeley who works for ernst & young, says that the m1-2 numbers are completely false. he said that 80% of iraqi's do not have bank accounts, and since the banks rarely loan money that there is no way those numbers are even close to accurate

there gold find is great, can give the dinar more support. i will e-mail you this weekend.

lets hope they do vote on monday, i do not feel that the budget passing will be followed immediately with the revalue, but the budget does pertain to all things financial i do feel that the budget will spark the hcl, if you think about it, the numbers of the budget are from all oil money, and the hcl is about oil money. if the kurds agree to the budget, then in retrospect they agree to the hcl, the % allocated to them through the budget will be the same allocated to them through the hcl, so i feel the budget is huge for that reason. i am sure it is posted on here somewhere, but a few months back the imf had disapproved of the budget, and iraq had to make corrections, it is good to know that iraq and the imf are on the same page. the imf will have a greater impact on the revalue than some may think, the imf and world bank sent agricultural teams over to iraq in 2009 to survey the land so to speak, they assessed ground totals (oil-natural gas-minerals-gold). i am sure that iraq's new exchange will come from these studies. i was reading on here that iraq was-is going to follow turkey, well i can assure you from an economic stand point that will not happen, the two situations are night and day, turkey was set back 3-4 years economically, and in the economic world it is known as a disaster. iraq is doing a great job of reducing street dinar, if they were going to r/d this step would not be needed, what they are currently doing now is "lifting the zero's" off of the street, it in iraqs situation is the smartest thing they could do. we are alot further along than what the iraqi news is letting on, the "lifting the zero's" step started 8-10 months ago, and in my belief there is only 4-6 or 7 trillion in dinar in circulation, well over 100 billion in foreign reserves, and roughly 35-40 trillion in dinar in cbi's vault.

lets hope they do vote on monday, i do not feel that the budget passing will be followed immediately with the revalue, but the budget does pertain to all things financial i do feel that the budget will spark the hcl, if you think about it, the numbers of the budget are from all oil money, and the hcl is about oil money. if the kurds agree to the budget, then in retrospect they agree to the hcl, the % allocated to them through the budget will be the same allocated to them through the hcl, so i feel the budget is huge for that reason. i am sure it is posted on here somewhere, but a few months back the imf had disapproved of the budget, and iraq had to make corrections, it is good to know that iraq and the imf are on the same page. the imf will have a greater impact on the revalue than some may think, the imf and world bank sent agricultural teams over to iraq in 2009 to survey the land so to speak, they assessed ground totals (oil-natural gas-minerals-gold). i am sure that iraq's new exchange will come from these studies. i was reading on here that iraq was-is going to follow turkey, well i can assure you from an economic stand point that will not happen, the two situations are night and day, turkey was set back 3-4 years economically, and in the economic world it is known as a disaster. iraq is doing a great job of reducing street dinar, if they were going to r/d this step would not be needed, what they are currently doing now is "lifting the zero's" off of the street, it in iraqs situation is the smartest thing they could do. we are alot further along than what the iraqi news is letting on, the "lifting the zero's" step started 8-10 months ago, and in my belief there is only 4-6 or 7 trillion in dinar in circulation, well over 100 billion in foreign reserves, and roughly 35-40 trillion in dinar in cbi's vault.

lets hope they do vote on monday, i do not feel that the budget passing will be followed immediately with the revalue, but the budget does pertain to all things financial i do feel that the budget will spark the hcl, if you think about it, the numbers of the budget are from all oil money, and the hcl is about oil money. if the kurds agree to the budget, then in retrospect they agree to the hcl, the % allocated to them through the budget will be the same allocated to them through the hcl, so i feel the budget is huge for that reason. i am sure it is posted on here somewhere, but a few months back the imf had disapproved of the budget, and iraq had to make corrections, it is good to know that iraq and the imf are on the same page. the imf will have a greater impact on the revalue than some may think, the imf and world bank sent agricultural teams over to iraq in 2009 to survey the land so to speak, they assessed ground totals (oil-natural gas-minerals-gold). i am sure that iraq's new exchange will come from these studies. i was reading on here that iraq was-is going to follow turkey, well i can assure you from an economic stand point that will not happen, the two situations are night and day, turkey was set back 3-4 years economically, and in the economic world it is known as a disaster. iraq is doing a great job of reducing street dinar, if they were going to r/d this step would not be needed, what they are currently doing now is "lifting the zero's" off of the street, it in iraqs situation is the smartest thing they could do. we are alot further along than what the iraqi news is letting on, the "lifting the zero's" step started 8-10 months ago, and in my belief there is only 4-6 or 7 trillion in dinar in circulation, well over 100 billion in foreign reserves, and roughly 35-40 trillion in dinar in cbi's vault.

the u.s.d is there largest reserve, but iraq admitted that they were purchasing back the dinar for u.s.d, and then the u.s.d was being smuggled to sanctioned iran, and syria, i would really like to know how much they had at its peak, i do think over 100 billion. thats my opinion

you bring up a good point, without knowing how much u.s.d was released, and how much was smuggled, it is tough to know exactly how long. i am looking forward to see what sundays numbers look like. i have always got a good laugh when my students, or fellow investors brought up the whole r/d theory, i am glad that iraq started vacuuming up the large notes, it puts the whole r/d thing to bed, why suck up 000 notes for a neutral transaction.

unfortunately there is no way of knowing that, and if the central bank came out and told the news how much was left, it would be a complete lie. thank you, i am talking to nick, i came back to wisconsin for 2 weeks, he said to say hello