utvolfan

It will be both. The "000's" will be lifted from the face value currency and the exchange rate will increase to .85 - $1.00 (USD). That is why the CBI has said it will be a "neutral event". No gain, no loss.

Doctor Robbins, In "dinar land" everything coming out of Iraq that is written in the media (good, bad or indifferent) can only mean one thing: RV! Even if they do not say anything.... That also means:RV!!! It is amazing how people read these articles and come up with just the opposite of what is really meant.

Hello Zigmeister! Thanks for your question. Here is my reply: The Billio0's, SWFG, and Easy's of the world only post articles (based on rumors) or or they take out of context some article from a press release that has a hint of a BIG RV (for instance when the CBI said they intend to make the dinar a reserve currency). They have never posted any article or press release that points to what the CBI is saying (lop/RD/RV). When given documented links that clearly show they are wrong with their statments, they resort to anger and personal attacks. That is a pumper agenda. Maybe they are not selling dinar.... Maybe they are. Maybe they are hired pumpers for someone that is selling dinar. Maybe they just refuse to accept what the CBI is saying. Mayvbe they just do not understand. The CBI has made it quite clear what their intent is. Only a pumper or someone who can not understand what the CBI is saying would continue to encourage people to believe that there will be a BIG RV. Will the CBI go through with the lop/RD/RV? The chances are probably 99.9 % that they will. If the CBI does not go forward with that plan (which it could be held up by the lack of the GOI to join the plan), there is no evidence that it will result in the BIG RV. Common sense tells us that a country with a 30 trillion paper currency circulation can not RV at a dollar and put theirselves on the hook for 30 trillion dollars ( and that is just the M1, not even considering the M2). Even if they were to do just an RV at a dime (.10) they would still be on the hook for 3 trillion dollars (M1). Even that small revalued amount would put them at a tremendous disadvantage. The only way to rein in a hyperinflated currency and still maintain value is the lop/RD/RV method. When the pumpers can look at this speculation in a fair and balanced way, then the pumper label will be removed. But I would not hold my breath waiting... You will turn as blue as Billio0's head! Alan coaks 3, MY OPINION.... The CBI has said that the current currency and the new currency will "co-exist" for one or two year period (I read somewhere today that they would accept the old currency for up to ten years) . Just my opinion, but I think that would mean that both currencies would float up or down depending on the market.

SWFG, I know you pumpers have to stick together. The truth is becoming more clear every day with what will happen to the dinar (lop/RD/RV). You and your pumper buddies put yourself so far out on a limb that there is now no way for you to get back. I had a discussion with Billio0 yesterday where he specifically said he thought that the dinar would have theBIG RV because of his belief that a secret agreement had been reached beyond the Paris Club Agreement. THAT IS PUMPER TALK. If he had any shred of credibilty he would have either came forward with some evidence or he would admit that he does not have a clue as to the workings of the world currencies. Because I did not agree with him, and provided documentation to counter his pumper rumor talk, he declares that I have personally attacked him. What a dweeb............ Billio0's style of writing is to appear to be respectful and polite, but he talks and talks without offering anything but pumper dribble. I respect crediblity... Something that you probably know nothing of. If you and the rest of the pumpers want to continue to post ONLY things that make it appear that the dinar will have the BIG RV, then I will be there to counter your posts with the truth and facts. If I get banned, I will return with a different name, IP address and email. The pumpers of dinar land have gotten a free pass for way too long. I will follow you around on this site and counter unless you can have the decency to respect the truth and at least post something that is a fair balance to the pumper crap that you love. Its up to you... You want to the right thing or not? Zigmeister.... Yes, I am on a mission from God...Jake and Elwood Blues are my brothers!!!!

Worker Bee, you are 100% correct. Good post. Unfortunately, the Billio0's and Easy's of this world feel that the "secret agreements" are in place and that will result in making us all rich.

Billio0, Yesterday you said that the reason that you spectulated in the dinar was because you believed that the Paris Club Agreement that forgave 80% debt owed by Iraq had to have some other agreement that would allow the dinar to increase in value and would make all the people holding dinar a big profit. You also stated that the CBI had the intent to make the dinar a reserve currency. First, your conclusion that there is some other agreement beyond the Paris Club Agreement is purely conjecture on your part. I posted a copy of the Paris Club Agreement, and of course you did not reply, because your conjecture would lose any debate to the FACTS of the agreement. Yes, the CBI has stated that they desire the dinar to become a reserve currency. But they can become a reserve currency even if they lop. In fact, their currency will rise in value more quickly if they do lop. I pointed this out to you yesterday, also. But you chose not to reply. It is hard to counter the facts with your rumors and conjecture, right? So, because I make valid points against your rumors and conjecture you consider it a "personal attack" and cry to the mods for relief. I have never said that a profit will not be realized from this spectulation. The chance of making a small profit exists after the lop/RD/RV if the dinar continues to rise in value. You are a pumper. I will follow your posts where ever you go and counter your rumors and conjecture with facts. You may not like it, but you WILL learn to love it. Even though Easy thinks I am the reincarnation of someone else, he is wrong. BUT he did teach me that if I get banned, I can always come back as someone else. Because of that, I will continue to be there after every one of your posts that has no credibility. When you can bring something to the table other than rumors and conjecture then you will no longer be a pumper.

Rockfl69, I just got back from my morning 3 mile run and read your post. While I was running, I was thinking the exact same thing that you just posted. EO13303 allowed "investment" by Americans in Iraq. The dinar speculation was just something that was included in that overall umbrella. Good observation. SocialDinar, I have repeatedly suggested to people that they hold their dinar until after the lop/RD/RV because it may go up in value enough to realize a small profit. If you are so confident that the BIG RV will happen then I am sure you are buying dinar every chance you get....NOT! Even a small profit is better than taking a 10% loss. Because I am telling people the truth about what the CBI is saying they intend do has again made you fear that it will happen. Get used to it.... There is no way they will do the BIG RV. If you want to suck up to Easy, please feel free to do so....Please remember that a recent post by Easy was labeled under the category of "Conspiracy, Conjecture, Far Out Ideas, Paranoia" on another site. You and he are of the same fabric.

I feel that Billio0 is ignoring a very important fact. The dinar can go through the lop/RD/RV process and VALUE WILL BE ADDED TO THE CURRENCY. What was once worth 1/10 of a penny is now worth 1 USD. A lop does NOT represent a decrease in value. It represents a decrease in the amount of currency in circulation that ACTUALLY ALLOWS AN INCREASE IN VALUE. Once you understand what a lop does then it becomes easier to see what the CBI is trying to do. Unfortunately, every person in the world that holds dinar will have their quantity reduced by 1000 times. Accordingly, there will not be a big pay day. If you hold your dinar after the lop/RD/RV process you may be able to see some small profit, provided that there is a long enough time allowed before you have to cash in.

The question about EO13303 is a very good question! Clearly, the main reason that EO13303 was executed was to protect the DFI funds from lawsuits. Whenever a large sum of cash is accumulated by anyone or any entity, it draws in people looking to get a piece of the pie by any means available. I am sure that there are some people who have a legitimate claim against the old government of Iraq, but there also people that would litigate falsely with the hope of getting some "go away money". EO 13303 keeps that from happening. The second part of EO13303 is the unknown. Why did GW Bush enact the order and allow Americans to invest in the dinar? I speak to people in Eastern Europe on a regular basis ( almost every day) and they are not allowed to purchase dinar through the banks or through currency exchanges because currency that is not recognized by the IMF as "internationally traded", can not be sold or bought in those countries. They can still purchase it online through American companies. So, why was EO13303 enacted to allow us to purchase dinar? No one knows for sure. One of the people I know that has been invested in the dinar for a long time said he felt it was because there had to be a way for Americans who were working in Iraq (military and contractors) to sell their dinar once they returned to America. Of course, the next question is, "Why don't they just sell the dinar before they leave Iraq?" The answer is that some of the people working there were not in the "green zone" and they did not really feel like going into Sadr City to cash in their dinar before they came back to America. That sounds plausible, however there could be another reason. Does anyone else have an answer?

Respectron, If someone posts a reply with a such a questionable statement, I am going to ask what the heck it means. Sorry if it bores you. Diggity....

Matus55, Where in the heck do you come up with that??? Please explain.... Remember, the CBI has stated that the zero's will be lifted from the "nominal value".... That is the face value. If you hold a 25,000 dinar note and they lift the zero's.... What do have left???? Come on... You can figure this out..... That's right! You have a 25 dinar note!!!! That is why it is called a "lop".... They lop the zero's! Now let me walk you through this.... After the zeros are lifted the CBI will introduce the new currency that will have a value of one dollar per dinar..... The old 25,000 dinar note that has now become a 25 dinar note, and will now be worth $25 (USD). The new 25 dinar note will also be worth $25 USD. If you have any other way of explaining this process, please feel free to share. Thanks

Dinarck, You sir... Are 100% correct. Great post!

Easy, you are aware that your 6/29/2012 post made it into the "Conspiracy, Conjecture, Far Out Ideas, Paranoia" column at another site???? Seems like a lot of other people realize what you are up to....

Hey Powergeneration, Thank you for the incoherent reply.... The evidence for a lop is that the CBI has stated time and time again that they intend to "lift the zeros" on the nominal value of the currency. "Nominal value" is basically defined as the face value of the currency. They have also said that the model which they are following is Turkey, which was a lop. You are right.... Bankers are greedy... So why do you think the CBI is going to give up trillions of dollars when they lop and save those trillions of dollars???? You are also right when you say I am pumping. I am pumping exactly what the CBI says they intend to do! A "positive forum" will not make any difference in what the CBI will do with the currency. I am merely reminding people that the CBI has said time and time again that they will lift the zeros (lop), introduce a new currency (RD), then revalue the currency to close to 1 USD. They have described it has a "neutral event". They have also said it will follow what Turkey did with their currency....Which was a lop. These are the facts that the CBI has stated time and time again. Your reliance on pumper rumors is just that.... Two suggestions: 1) Hold onto your dinar until after the lop/RD/RV because it may go up in value after they go through the process. You may make fifty cents on the dollar. 2) Next time you wish to debate with me have some type of documentation to back up what you say. You are way out of your league.

DocDinar, I just got home from work, so I just read your post. It shows clearly how misinformed you are. 1) I am not Keep. Keep does know what he is talking about. You could learn a lot by reading his posts. 2) The Central Bank of Iraq is not the Government of Iraq. You did not realize they are independent of the GOI? When the CBI releases a press release or an official has a press conference, they are not speaking to you or I. They are speaking to the people of Iraq. Remember that.... The people of Iraq can not suddenly wake up one day and discover that the only 25,000 dinar note they had is now a 25 dinar note. That would create chaos, unless they have been told that the lop will bring about an increase in value, so that they do not lose any wealth nor do they gain any wealth. If the BIG RV was the plan, then they could wake up one morning and find out that the only 25,000 dinar note just went from a value of $25 to a value of $25,000 dollars (based on a 1 dollar BIG RV). The chaos would not happen, because they have just increased their buying power by 1000 times. So, if the CBI ( not the government) had a plan to do the BIG RV, they would not need to say ANYTHING. But, if you are going to lop.... You need to make sure the people of Iraq understand that they will not lose value (or gain value). Just like Turkey. And yes, if you can not bring any real evidence to the table to back up your theory, then you are pumping the rumors. Because that is ALL YOU HAVE! If you can make any credible point, I will be happy to listen. I know you may not believe what I say is true..... But you will believe me on the day that the CBI lops, right?

DocDinar, I noticed that you could not justify your position with evidence, so you just show your fear of the truth by saying I should not be here. Did you set the rules of who could be here and what could be said? What I say AND what you say will not make any difference to the CBI and their plan to lop/RD/RV. The only reason that you do not want the lopsters around is make sure we are gone when the it happens just the way the CBI has said it will happen. Why? Because you do not want to be reminded that people told you it would happen this way. You will want to blame someone (CBI, "PTB", or even the lopsters). With every post that a lopster makes, you lose that opportunity to blame someone else. We remind you of what the CBI is saying. I will stay around to counter the pumpers. Too bad if you do not like it. If you have any evidence other than pumper talk, please feel free to share.

SWFG, So, because something like this has never happened before is a reason it will happen now????? What do you base this opinion on? Pumper talk? Two things: 1) If the CBI says something positive about adding value it is an indication that it will RV, right? But if they say nothing, that is also an indication of an RV, right? You have it both ways! 2) The CBI has a responsibility to the people of Iraq when it comes to building their currency. Their press releases are meant to inform the people of Iraq, not us spectulators. They are telling the people of Iraq what their intent is, so that are informed when they lop/RD/RV happens. Could they do something different? Of course they could. But why would they purposely misinform the people of Iraq in the process? Would it not be better just to remain silent about everything if they were going to do the BIG RV? Please look at what the CBI has stated: They have said they will lift the zero's (lop). They have said that they will introduce a new currency (RD). They have said they will bring the value of the dinar to close to the USD (RV -after the first two steps). By doing this, they reduce the amount of paper currency in circulation from 30 trillion to 30 billion (another stated goal of the CBI), which will make it much easier to add value to the dinar. Considering those publicly stated steps the CBI has said they will make, how do you justify a BIG RV? What evidence do you have to even remotely show that they will RV their currency before they lop? If you can not show any thing then you have no basis to form an opinion other than pumper talk.

Easy, I can not sell my dinar at this point in time without taking a loss. I am going to hang around until I have an opportunity (if it comes) to make a small profit. I am not going to take a loss just to satisfy your fear. You have neither the right or the invitation to tell me what I should do with my dinar. If you choose to believe rumors rather than what the CBI says their intent is, then by all means please do so. The fact remains that there is no documentation to show that the CBI will do anything other than a lop/RD/RV. You fear the truth because you want everyone to be in the same place that you will be when the wheels fall off of this speculation. You have gone so far out on a limb telling people that the BIG RV will happen, that you can not look at the big picture and realize that the CBI is telling everyone what they intend to do with their currency. You want everyone that is telling you the truth to vanish, so that when it does lop/RD/RV, you will have shared misery with with everyone else. You do not want those people who reminded you of the facts to be there when that happens. Inbedded HorseHead, I am not wishing for a lop. I AM STATING WHAT THE CBI HAS SAID WHAT THEY INTEND TO DO WITH THEIR CURRENCY. Anyone..... Please supply any documentation or facts or links that indicate that the Iraqi dinar will re-value without going through the lop/RD/RV process. I would LOVE to be proven wrong. In the meantime, read and understand exactly what the CBI is saying: lop/RD/RV. I would love to be wrong, but when the CBI says look at Turkey as their model, then you can see what their intent is.

Easy!!!! What is wrong dude??? If I sell now, then I WOULD lose money on the exchange fees. You know that! If you do not want to face the truth about this speculation, then fine, live in your dream world, but do not let your fear make you angry at the people that are telling you the truth about what the CBI is saying!

Sabbadude, DocDinar, Billio0 and Easy, Easy, first I know you will believe what you choose, but I have never been a member of the forum until three weeks ago. However, you have given me a great ideal on how to return when I get banned!!! I am providing a link from the CBI that gives a breakdown of the Paris Club Agreement. Link: http://www.cbi.iq/index.php?pid=GovernmentSecurities THAT is the agreement. Where is any evidence, documentation, or link that shows any other agreement? Debt between countries is forgiven quite often. In a court of law, I would win this point, because I have provided the evidence that proves my point. Oh wait.... A pumper guru said there is a secret agreement where Iraq gives up billions of dollars in debt, so they can go into debt in the amount of TRILLIONS of dollars.... It must be true!!!! Billio0, the dinar could be used as a reserve currency AFTER the lop/RD/RV happens.... Why do you think that the dinar can only be used as a reserve currency if they just do the BIG RV?????? The CBI has stated their plan (lop/RD/RV ....in that order). They have said that the lira of Turkey is their model to follow. Wait.... The CBI said that they would "add value" to the dinar.... That must mean that they are planning the BIG RV, right? But.... They can not talk about it because that would create havoc with the world currencies.... So, what ever the CBI says means they are going to RV AND whatever they DO NOT say means that they will RV their currency. EVERYTHING means they will RV their currency!!!! I understand your anger. When people FEAR the truth they become angry. You fear that what the "lopsters" are saying is true. When you finally realize what the CBI is saying they will do with the dinar you will be able to look at this speculation with clarity and realize that NOTHING matters except what the CBI says. They say lop/RD/RV. If they do something different that makes us money.. Great! But living in a fantasy world and wishing so hard and hoping that everyone else will wish hard with you will not change the outcome. Look at the hard facts and put aside the rumors that you have fell victim to. You will look at this speculation with a much different view. Good luck, you are going to need it.

SocialDinar, I agree that for ease in doing the math calculations the CBI may move the value from 1 USD= 1166 dinars to 1 USD= 1000 dinars just prior to the lop/ RD. That would make sense and it would be a 16% RV, which in the world of RV's is a tremendous amount (most rv's have been at 2 or 3 %). And.... I might have been sitting next to you in Vegas while I lost my money, as well. Expect the worse but hope for the best. but....be aware of what the rules are. Caz, Thanks for the sainthood.... Trying to help other people is far better than not caring or not trying.

Billio0, This is an open forum. This forum is not for just the people that believe that the dinar will be a great investment. My opinion (based on what the CBI has stated many times) is as worthy of consideration as the RUMORS that you choose to believe. The reason that I continue to make my point is this: There have been several stories about people who got caught up in the dinar pumping hoopla that eventually led to them losing their homes, cars and their income. Every "pumper" story that you endorse adds to that hype. Because it is not what you want to hear, shows that you have no respect for a viewpoint based on information supplied by the CBI, rather than info supplied by the pumpers. I will believe what the CBI says. If you choose to believe the rumors, that is YOUR choice. I am not advocating that anybody sell their dinar. There is a chance that after the RD (neutral event) the value will go up in the one year that the two currencies "co-exist" and will be enough that people will break even after the exchange fees or maybe even make two or three dollars. Apparently, you feel that if everybody wishes hard enough for this to happen, then those wishes will come true. Unfortunately, that is not how central banks operate. Your wishes, your fantasy, your dream is the last consideration that the CBI will ever have when it comes to what they do with THEIR currency and how it effects the people of Iraq. I will continue to state what the CBI says they intend to do. You may not like it, but you will learn to love it.

Notice that none of the "guru's" mentioned the "lifting of the zeros". That will happen first before any of the other things mentioned. It is also called a "lop".

SocialDinar, The CBI WILL revalue the currency!!!!! BUT...after they lop the zero's..... A neutral event. THAT they have said.

Breakfast of Champions....