quadraph0nic

show some documentation then just because you say so don't make it so dinar expert

This is the rumor section where you can easily lie and people will give you the benefit of the doubt remember sheeple there is ZERO accountability here....

' Their M1 is over 50 trillion dinars....yeah they gotta a long way to go cbi.iq --> statistics --> key financials but of course other people online who have nothing to do with the central bank iraq are more valid sources of information

Ughh Its not a fact

Quickest way to a 1.13 without changing your monetary policy to ughh were going to back this currency with nothing but a promise (like the u.s.) is to cut that Money supply (bye bye millions) LOP And with the excellent security and economy they currently have oh yeah they got that RV in the bag....

Either that article has been altered or its another article either way be nice if there was a link...

Its a long term plan, they haven't started that will take a long time to remove that kind of currency out of circulation and it will be gradual. At this time in country, I can get any large notes and there are no small denoms

Because if they took that much money off the books they would have already raised the exchange rate

QL, if i came off wrong in the beginning at all, please accept my apology. I am constantly on the look out for legit reasoning with real non "dinar investor" type of data kind of like you. I also pay attention to history and what has occurred primarily since the inception of the new Iraqi dinar. In case i never see your material again, it was nice talking to you here. I appreciate what you have shared. take care Quad

and you are another problem child...if people want to dream let them dream. Present your point of view in a better light...

see its comments like this that are starting to turn me off to this place. its a friggin circus.

Talk about the kettle calling the pot black. You instigate... Most retaliate....there's a difference But when you start slapping retaliators only and not instigators I would say that's a problem...

oh this one wont go over to well....

I appreciate the info SR and I will try to dig and find that conference call (THE ONE THAT STARTED IT ALL!! ) but its kind of like this, I'm already invested and I'm not going anywhere anyway so if they are right, I'll just be that much more surprised I Guess but I'm not going to expect this at least overnight. So, can anyone tell me what monetary policy cbi would need to put in place to make an RV of $1.00 and above happen? I would think they would need to ditch the whole reserve system to meet the general expectation around here. Oh man this is good info...why all the negs? +1 Thanks for sharing drox

Drunk Driving on the Internet Super Highway! Gotta love it! BTW, thank you for your service

yes being in Iraq is a bit overrated.

whoa...not so fast it can always do what it has done and that is appreciate as their economic conditions improve

Oh I'm not trying to argue that a LOP will happen but we are definitely not out of the forest. There have been many here that have made a strong argument for that as a possibility. That 1168 to the dollar exchange rate is not something exaggerated. If you look at the key financials from cbi's website you can see the reserves to their M2 and its been favorable the last couple of months as far as I can tell but they back their currency 100%. There was even an article when they first came out with this dinar where Shabibi said this was unfair to carry over all of Sadam's doing to the new currency...that's why we are able to buy it so cheap. Aside from some appreciation all theyve done is sell the dinar and strengthen their reserves. Will they make the decision to increase the purchase power of the dinar without cutting the money supply ie remove three zeros? That is the crux of this investment. Iraq is not like any other nation with the vast resources it posses and I don't think they should LOP but that possibility is there until a decision is implemented. Per the MOP and an IMF report from last year, I believe this is the year that they will allow it to appreciate based on what they have done up to this point but I don't expect an overnight RV for a 1 to 1 exchange rate that would be an increase of what? a 1000% How about 3.22?? 3000%? Has that ever happened in history? If so please point that out and I say that with zero sarcasm. I'm not saying an RV can't happen because there is a first for everything but that's what a lot of people here expect. I've often wondered what kind of monetary policy would they need to do to meet these expectations in regards to reserves to money supply? Maybe completely do away with that system? Just make it up? You need two sides to make a transaction right? but is it safe to expect this to happen? Sorry I couldnt find the article on shabibi its very old. I found it when I ran across this professor from north carolina who was consulted to help design the Iraqi dinar. I forgot that guys name too. I admit I suck at taking notes. Maybe someone else can provide that bit. Sorry

yes I agree with most of the info you provide however you didn't get into the RV vs LOP or their monetary policy or their money supply....basically the "dream sequence" but your not posting this for me....your posting it for all the newbs out there and they'll eat it up and spend next months rent on more dinar because they are so sure the RV is going to happen this month..... Be careful what you do with this info people....make good responsible decisions...

They stole it themselves or warlords were paid and or they gave it to their friendz in Iran and then accuse us of losing it...great...

bring it up to adam

yes Darin, I've thought of this myself but its a lot easier for me to take the high road....I hope it works out either way but I've been disappointed so much especially after last year that its easier to go with a long term approach especially when there's data out there pointing to that as a possibility. I'm not trying to argue a point. For those that have dinar, be happy with what you have...don't get crazy....don't bet the house on this be very careful of things that are being shared now... Thanks for your thoughts Darin

All I know everything is strange and there are a lot of things going on...I dont know why this song comes to mind...

one wild thing after another...