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Dinarrock
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Posts posted by Dinarrock
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15 hours ago, screwball said:
As I said in another post and thread only way is to make dinar equivalent or greater than usd…this above Is clear that nothing will work…they need to eliminate the use and need for the usd…once the remove zeros and make a sizeable fiscal adjustment as per IMF then they will fail…make dinar greater than usd and everything disappears overnight..street rate,black market rate and parallel market!
Exactly what I replied in another thread a few days ago, a poster believed that the RV or RI can’t happen until they get the parallel market rate down to the official rate! Why the parallel market is an illegal market they are sucking money from the Iraqi citizens the govt is responsible basically for parallel market existing, all they have to do is RV or RI their currency and the parallel market will completely disappear!! Glad you also posted what you did above Screwball, thanks!!
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2 minutes ago, keylime said:
I appreciate it Dinarrock. But I wasn't offended by Pokerplayer. It was a total misreading of my comments and me truly not knowing if PP has been going through a difficult time or not or where PP is at in life no forgiveness needs to be asked for. It was a total misunderstanding and I still have nothing but love for PP and all the members on here. May God bless us all and quickly bring our investment to a bountiful conclusion 🙏 🙌 😀
No worries sorry Keylime and PP also, I didn’t see your response until after I posted also! It was a knee jerk reaction from me it’s been a bad bad week once again for me also and when I read that it just kind of set me off..lol..so again I apologize as well!
Now come on RV, I need some more money to buy more AMC Shares!!!!!!
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3 hours ago, pokerplayer said:
I use to have an awful lot of respect for you keylime, and I really mean that.
Turns out your no different from the rest. You're persona is that of a real religious person. That I do respect in people, but today you showed your true colors. Religious when it serves your purpose, sad really.
You have shown that to every person that reads your post today.
There is a time and place for spouting religion, and if you or anyone else wants to chat religion, go for it and start a thread where you and like minded folks can do that.
No point in responding, as I won't see it.
pp
Apparently you need to do some more reading in the Bible!!! But you are so far off the mark regarding Keylime and NO he doesn’t use religion to serve his purpose!! Hence the point Keylime and another poster kindly pointed out to you why and also why I said you really apparently need to do some more in depth reading yourself since you clearly have stated something completely incorrect since you do not understand it very well!!! Maybe you can come back in here and show your true colors and ask for forgiveness from your lack of understanding would be the correct thing to do!
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1 hour ago, hspotman said:
This statement, I'm sure, has been interpreted and speculated in different ways. WE all want it to mean the US Treasury Dept has 35 bilion dinar, and it needs to rv or our troops will stay there. Everyone wants it to be related to what we all are waiting on....BUT is it really??? This kind of statement fuels the guru fire.
Yes definitely open for interpretation however 35 billion dinar is really not that much money and worth what around 35 million dollars which wouldn’t even come close to putting a dent into what Iraq owes the US!! Even George Bush has stated that Iraq will pay us back for the war back in his miserable day! He is the one that signed allowing us to even be able to buy dinar but it’s been so long that many forget that fact also! So my interpretation is the only way Iraq can even come close to paying us back is to RV/Ri their currency period!! IMO!!!
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CBI site is still down just tried and it won’t load for me either!
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5 hours ago, 6ly410 said:
yea buddy for sure - but again it’s a illegal market anyway - RI and problem is solved - imo
This is a 100% correct, the parallel means diddly squat! Once they RV or RI, the parallel completely disappears!! It’s another corrupt avenue for them stealing the average citizen’s money! The parallel market has absolutely no bearing period on when the RV/RI happens!!
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2 hours ago, GregHi said:
Interesting update to the US National debt clock website. In the upper right corner click on “close”, secret window.. I’ll let you see what happens after that..
From the Bible, why is it on the debt clock?
Wow very interesting indeed thanks for posting!
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10 minutes ago, 6ly410 said:
It’s literally only the first working day of the year and the CBI was closed so what the hell did they achieve so far…lol
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8 minutes ago, Artitech said:
They gave them a loophole to use dollars! It looks like it will take a miracle for them to RV/RI The IQD! I leaning towards another dead year now!! What a damn shame!!!
Please post what loophole you are talking about for them to use dollars? I haven’t seen anything regarding what you are stating, thanks.
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3 hours ago, 6ly410 said:
If tomorrow we hit forex... We will see the new rate. All Iraqis will then be running to the banks on Wednesday to deposit the cash on hand and pick up some spare change. lol maybe?
You forgot to also say I will also be running to the banks to make an exchange and pick up some spare change to have some walking around money because my pockets are empty!!! LOL
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43 minutes ago, RJG said:
I wonder what the 'major official announcment' is??? 👀
Hey hey hey I know what the announcement is, they will be increasing their currency value to $1.17 per dinar!! Fingers crossed!!
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58 minutes ago, keylime said:
That is such an interesting statement. I wonder if the translation is off. I can't see them forcing people to deposit money, maybe compelled or encouraged. Either way, there can't be too many things that could get people to extract their money from their mattresses and put it in the bank unless it really benefits them in a massive way. And personally a free toaster won't be that "it"....Things that make you say "hmmmm"....
The only thing that will compel them is if the dinar value is higher than the dollar!! Yes I believe they used the wrong word being forced but essentially the same meaning! Raise the value of the dinar more than a dollar and pay them a good interest rate and the citizens will in essence be forced to deposit their dinars into the the banks! All Iraqis also know everyone is hoarding their dinars as mattress money also so once they do raise the value it would be crazy to keep your dinars n your home there would be too many robberies IMO. They will rush to the banks to deposit their dinars!! Hopefully all these articles are true and come Jan 1st we do not see oh we have a delay in banning the use of the dollar for transactions!! That is the only thing I can foresee that would delay this RV now!!!
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50 minutes ago, Laid Back said:
"Everyone will be forced to deposit money in the government's balance, which is similar to compulsory savings within central banks”
I can give an idea in how to force people to deposit money in the government balance.
- Revalue the dinar
- Call in higher denomination notes
- Everyone will be forced to deposit their money
- Roll out Lower Denomination notes
“The main problem lies in the lack of a culture of savings and citizens withdrawing all money from outlets because this is a recent experience and the government needs to encourage citizens through other future measures.”
Lets see what other measures the government is going to use to encourage citizens to trust the banking system an open a bank account.!
Go Stronger Dinar
Go Purchasing Power
Yep the only way they will be forced to deposit is if the dinar value is higher then the dollar!! Awesome news once again it seems to me!!
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2 hours ago, edbeach said:
First if I recall the 3.22 rate was put on the dinar by Sudam Hussein which was an artifical rate he decided what the rate would be not the CBI. Now to the rate of 1 to 1 article was just out yesterday stating Iraq has 90 Trillion dinars circulating outside the Banking Dept so if there is 90 Trillion with a T floating around and they increase to 1 to 1 as a lot of people saying right out of the gate that would mean cost would be 90 Trillion to come up for so how will they pay this kind of money They only have 50 Billion in reserves in the US being held. Thats with a B so it would take 1000 Billion to equal one trillion dollars Big difference from starting at 3 cents to 10 cents then floating the money so it will keep the economy in line and not collapseing their economy. Just my opinion and people need to think about what they say of high figures coming out the gate you collapse the countries economy we get nothing for the dinar.
You clearly do not know what you are talking about maybe you would be best served over at Kraperoni’s site!! Your facts and figures are not even close to being accurate!! Iraq only has to cover what’s in circulation inside of Iraq period! Iraq is Not paying for the RV, and yes they have more then enough reserves which is well over your 50 billion figure! So before you post things you do not understand may I suggest you actually research! Other then that I would say don’t post misleading info and be glad you bought some winning lottery tickets since you clearly do not understand how this investment works…!!
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40 minutes ago, 6ly410 said:
Yeah they are really advertising being so proud of their worthless dinar that makes Zero sense!! You are correct something must be getting ready to happen period!! The only way you can be proud of your dinar is for it to be international and my guess also worth one then the US Dollar!!! Come on RV!!!
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2 hours ago, Laid Back said:
The need to have a transparent and fair tax system in place before the RV.
Yes maybe they will follow the American way of our transparent fair tax system of taxing everything in sight!!!
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1 hour ago, Artitech said:
Yes I’m looking forward to the wheelchair races! I’m going to have 4 in the floor! 🤠
I will have a 5k dinar note I will bet you my Tesla powered wheel chair will smoke yours!!!!! Lol
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2 hours ago, Dretown39 said:
I concur! It's been confirmed that Iraq has more customers, bigger reserves, more oil production than in the past when they were at $3.22. So yeah that can easily support system" rel="">support $1:1 out the gate!
Absolutely and I for one have always believed per that study several years back that Iraq would come out of the gate at around $1.17 just slightly higher than the dollar! Iraq can easily support this and their pride to be above the US Dollar I bet will be a big deal for them!! They could come out lower but not much in my opinion. There have also been other studies out more recent then the one from the $1.17 which I think was around 2012-2013 there was another one in 2017-2018 and adjusting for many variables I believe had Iraq around $2.34 or so! Either way again I am good with anything close to a dollar and if it even close to ?2 I will exchange all I have…lol… come on Iraq RV your currency this month!!!
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3 hours ago, Officiallytook said:
1-1 out the gate I like it. 3-6mos later 1-2 then 1-3 👀...
Do I take the 🪙 or wait for the 💰
At 1 to 1 I will absolutely not wait for anything higher period!, it has taken them 20 years just to get back to atleast 1 to 1 hopefully!! Any new wars breakout there or anything could easily happen to tank the dinar again! I have been invested for close to 18-19 years now and have more then most I bet so maybe I keep 500K to 1 million in reserve but me I am exchanging and investing where I can in real estate and other areas to get our of the dollar in case we crash! That’s why it’s wise to interview several wealth managers, tax attorneys etc to make sure you get what you want and need to protect this long term investment so you do lose all this new found wealth!
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3 hours ago, Laid Back said:
“the size of the monetary mass or the exported currency amounts to more than 100 trillion dinars, 70 percent of which is in circulation.”
100 trillion monetary mass / 1310 = $76.5 billion dollars
Reserves are $115 billion dollars
$115 billion dollars in reserves / $76.5 billion dollars monetary mass = $1.50
70 trillion dinar in circulation / 1310 = $53.5 billion dollars
Reserves are $115 billion dollars
$115 billion dollars in reserves / $53.5 billion dollars in circulation = $2.14
Go 2024
Go Stronger Dinar
Awesome post LB thank you!! While option one I would jump all in for, I still hope for option #2…lol..!!!
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14 minutes ago, edbeach said:
Luigt I don't know where you are seeing this BS I have not seen all this negatitive info that you are presenting. If this was the case it would be all over the news. Just like someone said Japan was collapseing. You people are too much on posting are this crape lets post good info instead of negative. The way I see some posting. people would love to see our country fall apart, we have the best country in the world just some delirious people. Have a Happy Thanksgiving
Hilarious yeah the MSM is going to post any of this….lol…there are plenty of sources and markets to watch for those of us who don’t wish to be Spoonfed the BS MSM!! Happy Thanksgiving everyone also!!!
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13 minutes ago, keylime said:
So is the dinar. 😄
So is AMC!!!
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21 minutes ago, BETTYBOOP said:
I have to agree with you. Something huge is coming either just before or just after new year
Or the articles about them not being able to continue to use the USD are BS which I have seen over and over again. Then come Jan 2024 they continue to use the dollar and we continue to wait! Hope not but guess we shall see!
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15 hours ago, T B said:
lord we know it will take you to remove the scales from there eyes and release what is already yours! , we claim it now in jesus name, all hindering spirits have to be gone in jesus name! amen! praise FATHER GOD! NOW I CAN SLEEP LORD ! I DID WHAT I WAS TOLD ! YES! IM JUST A MAN LORD! THANK YOU FOR ANOTHER DAY! I LOVE YOU FATHER GOD! 💘
AMEN!!!
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Al-Sudani: The presence of American forces in Iraq is destabilizing, and we want them to leave quickly - 1/10/2024
in Iraq & Dinar Related News
Posted
Correct corrupt Maliki owns most of the news outlets from my understanding!