A Plan to Increase the Value of Iraqi Dinar

[old timer]

old article, thats resonable. my question has been answered. thanks.

oldtimer

[X-MAN]

Aqua Dude your the best I feel like living again. Now i have a reason to check out the forum in mornings once more. Thank you for the post

[Biker]

It just keeps getting better day by day, Go RVVVVVVVVVVVVVV

[OTF]

Keep....I know you are disappointed about this article. Looks like you will just have to be very rich just like all of us. I know it is terrible having a lot of money to worry about.

I like the words...AND THEN!

GO RV .... Yuk Yuk Yuk.........

[TLHUBER]

A little off base from the topic, but when did the CBI revalue from 1170 to 1166? What day did this come out? I know it was in Janurary, but what day did it show?

[TheArtistFormallyKnownAs]

The truth is always true, no matter how old it gets. And that's a fact. <smile>

This story is two years old.

http://dinarvets.com...etion-of-three/

The truth is always true, no matter how old it gets. And that's a fact. <smile>

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Hey Im lost , did they release the story twice or did it come from the forum archcives

Edited March 28, 2012 by TheArtistFormallyKnownAs

[HisHands]

This story is two years old.

http://dinarvets.com...etion-of-three/

The truth is always true, no matter how old it gets. And that's a fact. <smile>

..................................................................................................................................................

Hey Im lost , did they release the story twice or did it come from the forum archcives

It has been posted three times on the forum by three different posters in the last 24 hours, so I am guessing that it appeared somewhere in the Iraqi news forums recently.

[TheArtistFormallyKnownAs]

It has been posted three times on the forum by three different posters in the last 24 hours, so I am guessing that it appeared somewhere in the Iraqi news forums recently.

Oh I see, its all good though

[pocono]

An interesting history lesson imo...this article goes back to 2008...there was an attempt to debunk it as coming from an "unreliable" news source...it appeared on this site early 2010 and largely was considered a "lop" article or "smoke"...now 4 yrs.later it becomes an RV article with the kudos and plusses to match..

The OP back in 2010 probably got negged to death for posting a lop article...today the OP gets a boatload of plusse for an Rv article...same article..

[cajunrescuemedic]

Sure, I'll take 1.25:1, for the sake of de-dollarizing the Iraqi economy and getting them solidly on the dinar, and then a nice gradual growth, a few years... maybe , to the 2.50-3.00 range. But if they want to get the most bang for the buck, I'd suggest RVing at a 2:1 and watch the dollars fly off the street.

I could only hope and pray it would RV at a 2:1 rate....that would be great. GO RV !!!

[zigmeister]

aqua dude and zig.

this guy is saying the cbi has 22 billion usd and 3 tons of gold to back the dinar. something doesnt seem right here. they have been saying they have 60 billion in reserves. add up what the gold is worth plus the 22 billion and by my calculations it is no where near 60 billion. so what do they really have. just asking

oldtimer

Now that is a good question, it seems to me they have more cash stashed than they are admitting to.

[R Veyron]

From time to time I have these moments when I actually think this could very well happen and this is one of them. "Thanks, this made my day.

[old timer]

zig.

i would think so. i believe they have more than 60 billion. but just my opinion.

oldtimer

[TLHUBER]

Yoo Hoo, Anyone when did the CBI do its little revalue in January? Does anyone know the day?

[old timer]

i think it was 1/17/2012 3 years to the day since its last movement. oh it was a tue.

oldtimer

[keepmwlknfny]

zig.

i would think so. i believe they have more than 60 billion. but just my opinion.

oldtimer

They surely do....60 billion is just the HARD CURRENCY....they claim to have upwards of 90-100 billion I believe...

I like this article a lot, but I think it depends on how much they increase the value to before they delete the zeros. If they delete the zeros when the value is 1:1000, then I can see this as a lop. But what I like most about it is that it says the CBI has denied rumors of making the dollar worth a thousand dinars, so perhaps they plan to make the dinar go higher before removing the zeros. It also says it will remove the zeros from the value of the dinar, not the notes. Would this mean the exchange rate? Or am I confusing myself here?

Your right about one thing.....it all depends on what they raise it to.....seems they are referring to when they were claiming they were gonna move the dinar up to 1000 to 1 with the USD back when they moved it to 1166.....

The thing is, this is only one article that says they will raise the value BEFORE deleting the zeros....all the others of course have been after deleting the zeros so its still fishy to me....especially cause it mentions deleting the zeros period

It wouldnt be uncommon to see raises in the exchange rate and still redenominate.....but if the value goes well below 1000 to 1 USD then we MIGHT have a chance at something.....

[old timer]

keepm. i would say you are in the ball park with that estimate. good luck with the little one, they are great at that age. but watch out when they get to the teen status. lol

oldtimer