dirt diggler

AC-DC

You have just summed up all of the Guru Guff------- There was no RV in Kuwait. Type it in your browser. Provide some proof for your claims

That along with the second part of our homework where we were told that no banks will exchange the dinar right now into another currency because the programmed rate is null and void now. They can’t move with the IQD because they need a rate to carry it with. Whether it be 1170 or an RI rate of 3.22 or an RV rate of 3.86……….they wait for it. I find this statement interesting!!! Could this be true?

This is simply some over zealous people getting caught in the hype. They jumped the gun in the translation of Maliki speech

Sorry my friend, I appreciate your admirably, but these are two different entities . Confusion prevails!! As par for course. Ask any Iraqi the difference

Not Bashing Just Educating----- Ration cards!!!!! This newbie was referring to SMART CARDS. I

2nd last public post

. I can't help thinking about the smart cards going to be or maybe already loaded with 250 Dinar. REALLY, Says who!! Smart cards 250 Dinar. Re -hashed guru trash talk. Please provide a link confirming this fact or FICTION

One key thing to remember is that one of the reasons why the must RV is because of Chap 7. See, without Chap 7 being lifted, Iraq will not receive any type of funding from the IMF(International Monetary Fund). To me, that is crucial and that is only the tip of the iceberg! This statement needs verification. IMO, this is not accurate!!! Please provide a link, and prove me wrong.. With out backup this statement is simply frivolous.

Please explain what you mean by 20% inflation?

I am also curious on where this info originated. I wonder if it could be $250 US dollars or maybe 250,000 dinars. Anyone that can direct us to this info ,please do. It would be appreciated by me, and many other people.

Better yet, is there a link that indicates 250 dinars. Lets start with that first. The rest is all here-say!!

Thats what I get out of this article as well. A discussion not an announcement.

I agree. I have never seen a link or article stating that the U.S. or any other country has stockpiled Dinar. I assure you, no one can produce proof to back up there statements.

Hi, My take is they DO NOT need international trade-able currency. The IMF indicates they can negotiate the currency(eg US Funds) which the loan is paid. All the gurus state differently, but not one has provided the proof. I challenge anyone who can provide solid info regarding this.

I agree as well. Both bring knowledge and analyst that is most enjoyable and appreciated. I would like to see these two have a daily thread where only the two of them post on and comment on their opinions.

Thats my point!! I can not find a law that does not exist. You used it for your basis in your reply. Back it up with facts , the onus is on you. I knew you would take the high road. Please make me look stupid with proof.

Quote Originally Posted by kaperoni View Post sonny1, they got an imf loan back in 2006 i think and paid it off in 2008. So apparently the dinar meets this criteria. yes but different times though, they were at war, and the u.s had alot to do with that loan Either there is a law or there isnt a law regarding a valid tradeable currency for IMF repayment terms. I would be interested in proof of this law. Your answer to his question is not clear.

Worst case scenario--most of my $$$ back------Best case scenario----anything above what I invested I view this investment as low risk --long term--

yes sir, a substantial amount

Hi Silver, There would be no extra change If a loaf cost 1000 IQD after the lop it would cost 1IQD The 25000IQD would be considered 25 IQD and your change would be 24 IQD The market value on goods also changes to reflect lop

Butif---- Kuwait revalued---- sadly they did not---kindly post the article or link that backs up that statement----onlyif