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Dinarrock

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Posts posted by Dinarrock

  1. 2 hours ago, jaybake said:

    I believed that when we see small denominations on the street, we would expect the time is near. Otherwise, stop wasting your time expecting it is near. 

    You will never see the lower denoms on the street until after the rate change!

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  2. 2 hours ago, navira said:

    I have been saying that the FML is the most important law because it contains roadmap of all finances ...and the change of rate on iqd. Bro, look what bretling has to say about this FML: out of Iraq...article "The Finance Committee rebuild the of the draft for the Financial Management Bill and announced the establishment of a mechanism to pay off foreign debts warn the committee on the economy and investment to double the value of external debt because of the benefits of them.'"  -  Question - If I'm understanding correctly they're talking about making sure when the rate changes they won't overpay their debts.  So they're changing all their rates on their debts.  This was the law the CBI was talking about a year ago that needed to happen before they could change the rate

    That’s exactly what it means and Breitling went over this in his call yesterday also...good stuff! Hopefully we will see the RV before Iran gets blown up!

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  3. I thought it would have been 2015 too..lol..it’s so hard to remember with everything in this investment. So they are atleast one year to two years late implementing this..damn...lol

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  4. Yes that is my understanding as well Karsten and I have been invested since 2005! However again with so much dinar now in circulation how do we know if that is really their true value now period? I know why we did it and tanked the dinar but along with doing that we add trillions of dinar into the mix and they have added trillions more over the years. This we absolutely supposed to RV back when Shabibi had the reigns but we all know what happened to him. Let’s not forget also that governments don’t want people to have money as it’s easier to control your people when they are poor. So even though there won’t be instant millionaires there by just increasing the purchasing power to atleast on par with the dollar stills gives the people a lot of value. Just thinking out loud but sorry to say the only ones getting rich are the dinar dealers and the dinar forum owners period so far!! Not knocking Adam but I am sure he set for life now with the time it has taken to RV..lol.. I am just so so tired of this investment that I went and bought some Dong for the first time last week just to cheer me up..haha...got 5 million for less than $300.00 go figure and if the China deals does finally come to fruition soon which I believe it will who knows that currency may just in fact gain value before Iraq gets off the toilet since the Chinese basically control that!

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  5. 7 hours ago, Luigi1 said:

    I was a Raytheon DOD contractor in Iraq, twice tours. Here's how it works...contractors are not paid by GOI, no RV, no lower denoms.

    US Contractors are paid by the US Government through bids & winning contracts, usually every 5 year renewals. GOI reimburses the US Government for  defense costs over runs. Again, Contractors are not directly paid by GOI. As of yesterday, some of my friends in Iraq say, no RV, no smaller denoms, no handouts from GOI, no dancing in streets, no nothing. The Gurus are full of it.

    Thanks for the explanation Luigi but can I also ask you with your knowledge do you truly believe Iraq will actually RV their currency or Reinstate a previous value overnight out of the blue one day??

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  6. On 4/20/2019 at 12:34 PM, GregHi said:

    Air tech, 

    I’m only playing devils advocate and asking because I truly don’t know.. but what if it’s not a program rate, but the real rate? Are there articles out there from iraq that talk about the Dinar rate being a programmed rate, or is that a term we have heard from the Gurus for many years that they made up? Just wondering. ;)

    Yes that is the one thing that scares me also the big question what if this is truly their value and we have been lied to this whole time and it’s not a programmed rate!! Which means all of us are complete idiots for funding a terrorist nation to rebuild their economy...think about that long and hard! This deal is either real or not we will either become wealthy or stay exactly where we are for many more years to come! Happy Easter Everyone!!

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  7. 22 minutes ago, Botzwana said:

    I think this is propaganda from Iran myself.  China just signed a 500 biillion contract with Iraq....Do you guys think China is stupid?  The U.S. is highly involved in all things Iraq.  There is no way Iraq, overnight, just fell to Iran.  It is ridiculous.  We have fake CNN news in the U.S. but ya dont think this exists in the middle east?

    And we finally have a winner! You are absolutely correct this has got Maliki and all his owned news media written all over it! Just like 90% of the fake news we have here in the U.S. people tend forget about all the Maliki owned media there and all of their deep state manipulating all their news!! Come on GreedyDinar07 one article and it’s supposed to be taken as gospel...lol... hey I get it as well been in this since 2005 myself but I promise you that one article is BS and that you can take to the bank!!  Lol

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  8. 10 hours ago, Botzwana said:

     

    Parliamentary move to raise the price of the dinar and maintain the stability of inflation


    Wednesday 20 March 2019

    Baghdad / Omar Abdul Latif

     
     
    The Parliamentary Finance Committee is moving in the current legislative session to develop mechanisms to change the monetary and monetary policies in the country, in coordination with the Central Bank of Iraq, aimed at raising the dinar exchange rate and maintaining the stability of inflation.

    "The committee will move during the current legislative term towards changing the fiscal and monetary policy in the country in general," said member of the committee Abdul Hadi al-Saadawi, Coming ".

    He added that "the Committee is keen to enact the law of financial administration as it gives a complete road map of the financial policy in the country in terms of management of money and cash in the state," pointing out that "the change will raise the exchange rate of the Iraqi dinar against foreign currencies while maintaining the stability of inflation In the country".
    "The Commission is determined to make these changes during the next phase and not to follow the traditional methods are not appropriate at the moment."
    link
     

    This article is Huge now come on Iraq you can do it!!

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  9. Wow what a tool Mahdi is turning out to be! Delay delay the ministers which is the same thing Maliki did! Wow it’s their own damn fault for ISIS in their own country what a Moron! Arrest Maliki and use all the stolen billions to pay for it. Think Maliki is worth like 200 billion right!, these people are so stupid or maybe not once they get in power it OHHHH now it my turn to rob rape and pillage the country all I can while I am in this position! What a bunch of no good camel jockeys seriously!

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  10. Yeah I bet Barzani calls for peace and harmony while he sits on his 200 million also of stolen Iraqi peoples money! I will be shocked if this ever goes down seriously!! You have to ask yourself one question don’t you think Barzani and Maliki and all the career corrupt politicians and corrupt judges over there would ALL KNOW when and if they were going to raise the value of the dinar right?? These are not stupid people they would take 100’s of millions of dinar outside of the country and bam if this thing RV’s for 1 to 1 they would all be Trillionaires!! Makes you wonder doesn’t it!!

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  11. 1 hour ago, Floridian said:

    Yes, but he hasn't said anything in a very, very long time.

    That's why I posted his latest.

    Maybe he's right, or maybe not.

    All evidence points to it happening sooner rather than later.

     

    Yes Randy is a standup guy and is very well educated in this dinar investment. He doesn’t post much out there anymore but he is absolutely credible with the information he is given at the time. He does have an inner circle which I am privy too but that’s all I will say. He is not the guy looking to be the first to call an RV but it’s his nature or heart to try and help people and shed some light on this investment! He is NOT anywhere close to that idiot OKIE or hotdog Tony who I think is still in jail but it’s been so long maybe he’s out already...lol.. So for what it’s worth I take him at his word!!

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  12. 1 hour ago, Synopsis said:

    Somethings to keep in mind to mitigate a LOP of the Bicraqi Iraqi Dinar in ANY form:

    • The current Bicraqi Iraqi Dinar rate is a CLOSED ECONOMY PROGRAM RATE (i.e. artificial).
    • A Bicraqi Iraqi Dinar IS A Bicraqi Iraqi Dinar of ANY denomination for ANY series of issued Bicraqi Iraqi Dinar that HAS NOT been previously withdrawn from circulation. Otherwise, there would be NOW AND in the FUTURE two different monetary instruments of Bicraqi Iraqi Dinar in circulation of different exchange rates locally at Point Of Sale AND the Banks.
    • Differing FUTURE values of ANY Bicraqi Iraqi Dinar denomination would disrupt the VALUE of the money supply in circulation AND foment riots AND Civil Instability.
    • The VALUE of the Bicraqi Iraqi Dinar OF ANY denomination in circulation has remained stable with inflation < 2% so no need to issue Bicraqi Iraqi Dinar Notes in HIGHER denominations. The previously advertised 100,000 Bicraqi Iraqi Dinar Note HAS NOT been issued AND is likely NOT to be issued but may be used for interbank transfers without release to the public.
    • The Bicraqi Iraqi Dinar in circulation was, if I understand correctly, nominally 170 Trillion originally with the post Saddam Insane note removal whereas is nominally 40 Trillion NOW. What remains to be advertised is HOW MUCH is legally held by foreign individuals AND entities SUCH AS Foreign Governments. The ACTUAL Bicraqi Iraqi Dinar in circulation WILL reflect the ACTUAL Bicraqi Iraqi Dinar Rate once the ReInstatment of the Bicraqi Iraqi Dinar occurs in an OPEN ECONOMY INTERNATIONALLY.
    • Iraq is resource rich AND can sustain a ReInstated Bicraqi Iraqi Dinar Rate INTERNATIONALLY.
    • A LOPped Bicraqi Iraqi Dinar WILL displace the CURRENT INTERNATIONAL RATE potential once the Bicraqi Iraqi Dinar is exchanged with an OPEN ECONOMY INTERNATIONAL Bicraqi Iraqi Dinar Rate AND languish Foreign Investment NEEDED for reconstruction, construction, AND economic development.
    • Foreign Entities for INVESTMENT AND TRADE WITH TRANSFER OF GOODS between COUNTRIES can do so with STABILITY with currencies, Bicraqi Iraqi Dinar in THIS case, at OR VERY NEAR THEIR ACTUAL VALUE. Otherwise, significant changes in the Bicraqi Iraqi Dinar INTERNATIONAL RATE WILL devalue the Foreign Investment potential AND returns AND/OR bankrupt the Bicraqi Iraqi CBI.
    • NEVER, NEVER, NEVER TRUST the Ruskers. The Ruskers have AN ENTIRELY DIFFERENT geo/political/economic/strategic relationship with the REST OF THE WORLD.
    • Iraq is RESOURCE RICH AND STRATEGIC.
    • Iraq NEEDS a WHOLE LOTTA CURRENCY POWER to get POWERED UP in a short amount of time to be INTEGRATED INTERNATIONALLY IN AN OPEN ECONOMY AND Avoid Sectarian Violence AND Civil War.

    Maybe BABY OTHERS could chime in on THEIR perspectives AND data to indicate the HIGHLY unlikely event of a LOP in ANY form with ANY denomination.

     

    In The Mean Time...........................................................

     

    Go Moola Nova (YEAH AND YEE HAW, BABY, READY WHEN YOU ARE BROTHER (OR SISTER) - LET 'ER BUCK!!!)!!!

    :rodeo:   :pirateship:

     

    Synopsis thank you for your post...Now there is some sound research versus taking the opinion of some Russian professor who is well versed on the Iraqi economy..lol...there is ZERO chance Iraq will lop their currency period!! I have been involved in this investment since 2005 and will not be baited into ridiculous lop theories anymore from people who are too lazy to research and are truly uneducated about monetary policies and how currencies work! Good luck with your futur investments and May I suggest that when this currency does gain value that you seek real professional investment help to protect your new found wealth!!

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  13. 3 hours ago, leplusgrand said:

    Greetings,

    I do understand the mindset of many and like the many, I too was going to purchase the highest notes available prior to my decision not too.

     

    The "human behavior" factor always dictates such actions, (i.e.) when purchasing stocks.

    However, where foreign currencies may apply, a completely different venue of decision making should be considered. 

    Especially where old currencies are removed or changed.

     

    Again, this is my personal conclusion and really....What do I know, right? 

    I present this text solely as speculative and nothing more.

     

    My assessment in my investment is that the larger bills will lop and the smaller notes will sustain.

    And yes, many years back the exchange value was over 3.00 to the U.S.dollar, but that was decades past as we know.

    I base my viewpoint on other Arabic countries surrounding IRAQ and their financial histories as a navigator of direction.

    Good Fortune To Everyone!

     

    Le Plus Grand'

    Sorry currencies do not work that way there is no possible way to lop half of their notes as you are suggesting...lololol.. you really should do some more research!!

    3 hours ago, leplusgrand said:

     

     

     

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