***How real is this RV?***

[easyrider]

We are hearing all kinds of rumors lately...

Number one on the hit list... Is the dinar revaluation going to happen?

In my humble opinion, Yes; unless God jumps in to stop it.

The revaluation of the dinar is much more than the revaluation of one country's

currency...It is a change and beginning of a new banking system in compliance with

Basel III accord with information at the link below.

The site has a lot of information.

http://www.basel-2.org/BIS_BCBS.html

There are those continually bashing and saying that this is a scam due to fear, ignorance,

and an inability to wrap their heads around economics and the coming of new banking systems and the correlation of the fiat banking system along with the current worldwide economic state of affairs. Suffice to say that this will happen to inject some false confidence into the fiat currency system before it collapses. This is just my humble opinion as I believe that the global government and one currency is still quite a ways away. Much has to be done and happen before all of Earth's countries and nations will accept one world currency and it will more than likely have to be done without choice. No country wants to be controlled by another country. Even dictatorships don't want to be controlled or messed with. Much is left to happen yet.

I believe that Iraq is pivotal in the coming of the world's economic change and I also believe that the RV of the Iraqi currency is necessary to start the change in the shift of economic global power and the growth of the middle east economy which will eventually become the GCC with Iraq leading the way. Iraq is the most resource rich country in the area and will outshine all the other middle east countries as a democratic Muslim country which places some fear in the other Arab countries also. Regardless Iraq is destined for rapid growth and economic recognition shortly after it enters international trade and joins the World Trade Organization. We are getting close..and yes Iraq still has some glitches that will forcefully be worked out. Conflict always brings unity to destroy that which impedes the path forward and one rock can be moved out of the path no matter how big, stubborn, or deeply imbedded.

The speed of the RV has a few factors with the biggest being inflation and the secondary being Maliki and the Iraqi cabinet. Parliament is on the side of the Central Bank of Iraq and the autonomy of the CBI to be free from government control to operate and make financial decisions.

Better get used to this M as it would take the worldwide collapse of the entire fiat currency system to even give you a shot at controlling the activities of any central bank.

This is still a ways off in my humble opionion as new currencies will need to backed by natural resources, precious metals, agriculture, and manufacturing including exportable services and goods. Precious metals will give backbone to currencies but food production will always be the greatest of demand and as a result of the most worth in times of hardship. Once cannot survive by eating gold or silver..think about how many wealthy would give up whatever precious metals were necessary just to go on living. Pride and arrogance have very little strength or power to those who are starving, sick, or dying.

I do believe that inflation is not under control in Iraq currently, nor are the people of Iraq content with the amount of food, water, electricity, travel systems, and the access to work and means to better themselves. We all know how prideful the people are and it is tough to hold your head up while others hold you down. This needs to change in the near future. The CBI needs to interject life into the IQD and they cannot afford to pump in higher denominations that they have so long been working to remove from the local economy while they have been educating their citizens of a new Iraqi Dinar that will have lower denominations and greater purchasing power than the USD. Dr. Shabibi has stated that the Iraqi Dinar will be the greatest currency in the Middle East and the Arab world, as well as the international market place.

The US dollar has been wrecking havoc with the IQD especially since Syria and Iran's currencies have little or no international value and have been dropped into the Iraqi economy. As Syria and Iran is not widely recognized and admitted into world trade right now...it is very difficult for the two countries to obtain resources to maintain the countries and the people of those countries.

Syria and Iran have deflated the value of the IQD by removing US Dollars from the Iraqi economy. This has resulted in I do believe a very dramatic effect in the true worth of the IQD unofficial exchange rate which as been lowered 2X the value of the IQD against the US dollar loss. So now Iraq is constantly removing US dollars off of the streets of Iraq due to sanctions against Iran and also smuggling into Syria? The result is the IQD is losing consumer confidence and buying power within Iraq and a black market has been created which is further lowering the unofficial buying power of the IQD as compared to the US Federal Reserve Note as very few merchants want to use the IQD now. The US dollar is much more user friendly and internationally accepted currently as a reserve currency of strength and liquidity.

OK now as Dr. Shabibi sees, a new ever developing problem on how to get your own citizens to gain confidence in your own currency, start using it, and bring strength and recognition to Iraq's economy while striving to reign in the avenues of international trade and global banking recognition to better His country and people.

How can the introduction of large 000 denominations back into Iraq do anything now but further reduce confidence in the IQD and cause Iraq's inflation rate to do anything but rise faster and further than it was.

Shabibi only has three options..1. RV the currency on the independent right of the CBI having the blessings of Iraq's parliament and either claim credit himself or share it with the Iraqi parliament while disgracing Maliki... 2. Wait upon the completion of the government of the CBI and for Maliki to be dealt with by removal or to have him start playing nicely with others in the sandbox.. or 3. Do nothing at all and watch all of his hard work stabilizing Iraq's Dinar to a point where it can once again RV and bring Pride to Iraq and the Middle East nations, quickly deteriorate and go down the tubes of failure.

Not an easy decision right now...with sanctions on Shab's country and vulnerable DFI funds waiting for vulture countries to pick it apart and lay devastation to all that he has so dearly protected and allowed to blossom under his care. I believe that we are on the verge of the RV and that Maliki needs to be swiftly dealt with. I don't know how severely the reprimands have been taken to heart...but I also believe that he is too proud and arrogant to let Iraq fall apart under his seemingly all controlling dictatorship.. The CBI ball is in motion and it may well roll over more than one who stands in the way of the RV and the progress of Iraq into the global marketplace. Too many countries have forgiven way too much debt and invested way too much to the stability, infrastructure, and government of Iraq... I wouldn't want to be Maliki right now.

Yes the RV is real and is going to happen.. How soon you may ask? Near future is the best that I can say and I will step out and voice my opinion on the rate of the dinar initially. According to inflation, Iraq's resources, and regaining it's place according to its last standing and also considering the Marshall Plan...; The IQD cannot come out lower initially that one to one in my opinion against the US Federal Reserve note. Even at a 1 to 1 rate, the Iraqi citizens will not want to use the IQD unless it is worth much more than the US Fed Note. An internal exchange rate of 2 US Fed Reserves notes to IQD would be easy to see and figure out. It would be very simple and anyone could tell that if I give you 1 dinar and you give me two US notes then the IQD is worth more. Within a month this will have spread through the mosques and the street markets about the new value of the IQD and how it buys twice as much as the US Federal Reserve not proving the Iraq is once rising to newfound strength and recognition after the downfall of the brutal Sadam dictatorship..

To those who say this will never happen...I say humbug and get a dose of reality.. To those who say 10 cents or under a dollar US I say get real and put yourself in Dr. Shabibi's shoes and you will get a reality check. Iraq's currency needs to rise quickly to offset the devastation of Iraq's economy and infrastructure while gaining access to worldwide trade and international banking recognition.

I believe that it is very possible to see a rate in the 4 plus to 7 plus range with respect to exhange agains the US Federal Reserve note. If the Dinar is "pegged" initially or compared respectively to the Great Britain Pound when considering international exchange rates, it could be

much higher agianst the US Federal Reserve Note. The US Federal Reserve Note has been devalued through credit rating reductions from AAA+ down to AA and loss of consumer confidence within the US but most inportantly internationally. The continued printing of Federal Rerseve Notes Flooding the international market has only served to further the devaluation and purchasing power of the US Federal Reserve Notes. As most of us are not privleledged to the current worth of the US Federal reserve note and as to how the IQD is to enter the global economy, we can only guess at exchange rates, but suffice to know that as each country has it's own worth and strength; so shall the IQD be reflected in the international exchange rate markets and forex.

Iraq is a proud country and I believe that they will demonstarte strength and pride when

the Iraqi Dinar regains its rightful place in the world's economy. Both Shabibi and Maliki have stated this will be the strongest currency of value and they have always wanted a currency of 5 plus when compared to a base currency such as the US Federal Reserve note or Great Britain Pound Sterling. It would be nice to see the IQD backed by precious metals when it hits the markets and not just another fiat currency prone to collapse that is backed by nothing but promise.

Iraq will not see interest in their stock markets or development interests unless they have a strong currency and a functional government that agrees to put the needs of Iraq and It's citizens first....A government is only as strong as those they govern over. Strife and unrest leads to weakness which destroys confidence, and starts the quest for change, stability, and satisfaction of the people. A government should never be satisfied if there is major discontent and strife amidst the population that it should be striving to Serve...."Not Control."

There are always rumors circulating and the real truth will only be known upon completion

of the project.. Try not to wear your heart on your sleeve and waste funds that are needed

to keep your families safe and secure. This will happen..there are just too many factors to stick a date to the wall. Only God and Shabibi know when this is going to go down and the date

is definitely a moving target...

We sit upon the verge of change and the moment of history which shall never repeat.

This is just my humble opinion in regard to what has been laid out before us.

May God Bless you that you may be a Blessing unto others;

and may your families always be cared for by many..

Edited April 18, 2012 by easyrider

[The Machine]

To answer the title .....

"Reality is that which, when you stop believing in it, doesn't go away.”

― Philip K. ****,

Ha Ha Ha the site edited his name .... it was "Philip K. Di*k" ... you know what i mean lol

[Biker]

Good Read EASY , i belive i belive lol Keep on keeping on my Brother.

[cuddles]

+1 for you Easy

[RodandStaff]

Rumor has it?

http://www.youtube.c...h?v=Ti3t7MAwaaM

Thanks easy!

Come On RV Baby!!!

[skitealwedrop]

Excellent post Easy. + Have a great day!

[NeedRv]

nice... I been saying it will need to RV at least a 1:1 for the iraqis to user the dinar... who wants to use money that is worth less than what you are using now (USD).... so GO RV 1:1 and better!

[puckster_guy]

Solid article easy, very uplifting, my thoughts exactly.....for what it's worth lol keep it up plus one

[coldwarvet]

Nicely done, easy. A very insightful post!

[TXNOLE]

Great post Easy! Well presented. +1

[Argyll]

Thank you easyrider! +1

[blaineage]

I still think coming out too high is way more of a risk than coming out too low. I think if it comes out high, and IRAQ has any problems at all supporting in, extracting oil, keeping peace etc., the world markets could set it back years if not decades. Great article easy!!! JMHO

[Rich in TX]

you are a good writer and you sound like the way I believed about a year ago. However, I have a couple of points:

1. you say: "Dr. Shabibi has stated that the Iraqi Dinar will be the greatest currency in the Middle East and the Arab world, as well as the international market place."

Please provide me the link or audio clip of him saying this. Not a link to many forum references.

2. You ask: "How can the introduction of large 000 denominations back into Iraq do anything now but further reduce confidence in the IQD and cause Iraq's inflation rate?"

The large (000) denoms have NOT been removed from Iraq. They are still out in force on the streets. I know this for a fact. Please show evidence that they have been removed.

Don't use the articles saying they want to reduce the excess capital; that is not what that statement means.

3. You state that "Shabibi only has three options..1. RV the currency 2. "Wait upon the completion of the government of the CBI" (???) 3. Do nothing at all and watch all of his hard work stabilizing Iraq's Dinar to a point where it can once again RV (1170 for 4 years is pretty darn stable) and bring Pride to Iraq and the Middle East nations, quickly deteriorate and go down the tubes of failure. (I would say Iraq's economy was already a failure; what he is doing isn't causing it to get worse)

I would say he has another option, and that is to do what he has claimed a dozen times he intends to do. (which you leave off your list of possible options). That is a redenomination. It has happened scores of times around the world in other countries, whereas I would challenge you to provide a list of countries that have actually RV'd in the past. The ones that have done so, have only RV'd their currency a low ammount; none higher than 50% of their currency value. If Iraq RV's to $1, that would be over 100,000 %. Just think about that for a second.

Lets please stop quoting dinar-forum speak and dinarland facts; and start thinking for ourselves.

I would love to hear your thoughts on this.

Rich in TX

[easyrider]

you are a good writer and you sound like the way I believed about a year ago. However, I have a couple of points:

1. you say: "Dr. Shabibi has stated that the Iraqi Dinar will be the greatest currency in the Middle East and the Arab world, as well as the international market place."

Please provide me the link or audio clip of him saying this. Not a link to many forum references.

2. You ask: "How can the introduction of large 000 denominations back into Iraq do anything now but further reduce confidence in the IQD and cause Iraq's inflation rate?"

The large (000) denoms have NOT been removed from Iraq. They are still out in force on the streets. I know this for a fact. Please show evidence that they have been removed.

Don't use the articles saying they want to reduce the excess capital; that is not what that statement means.

3. You state that "Shabibi only has three options..1. RV the currency 2. "Wait upon the completion of the government of the CBI" (???) 3. Do nothing at all and watch all of his hard work stabilizing Iraq's Dinar to a point where it can once again RV (1170 for 4 years is pretty darn stable) and bring Pride to Iraq and the Middle East nations, quickly deteriorate and go down the tubes of failure. (I would say Iraq's economy was already a failure; what he is doing isn't causing it to get worse)

I would say he has another option, and that is to do what he has claimed a dozen times he intends to do. (which you leave off your list of possible options). That is a redenomination. It has happened scores of times around the world in other countries, whereas I would challenge you to provide a list of countries that have actually RV'd in the past. The ones that have done so, have only RV'd their currency a low ammount; none higher than 50% of their currency value. If Iraq RV's to $1, that would be over 100,000 %. Just think about that for a second.

Lets please stop quoting dinar-forum speak and dinarland facts; and start thinking for ourselves.

I would love to hear your thoughts on this.

Rich in TX

read into the basil compliance renditions then youll see where this is coming from. The thing is, the system is changing because lets face it, it's NOT working, many countries have a sea of debt and something has got to change and this is what is happening. Stop thinking old school and open your mind to NEW banking systems that is about to be implemented an Rd is possible but not likely. Listen the propaganda is obviously working and they have to protect themselves from future currency speculators and yes it is a big deal, look back at countries that have done this with the German mark, also China has blatantly came out and say they werent going to revlaue i believe it was either last year or the year before that and then out of the blue they revalued. Wasn't much but still they increased the value against the dollar.

you are a good writer and you sound like the way I believed about a year ago. However, I have a couple of points:

1. you say: "Dr. Shabibi has stated that the Iraqi Dinar will be the greatest currency in the Middle East and the Arab world, as well as the international market place."

Please provide me the link or audio clip of him saying this. Not a link to many forum references.

2. You ask: "How can the introduction of large 000 denominations back into Iraq do anything now but further reduce confidence in the IQD and cause Iraq's inflation rate?"

The large (000) denoms have NOT been removed from Iraq. They are still out in force on the streets. I know this for a fact. Please show evidence that they have been removed.

Don't use the articles saying they want to reduce the excess capital; that is not what that statement means.

3. You state that "Shabibi only has three options..1. RV the currency 2. "Wait upon the completion of the government of the CBI" (???) 3. Do nothing at all and watch all of his hard work stabilizing Iraq's Dinar to a point where it can once again RV (1170 for 4 years is pretty darn stable) and bring Pride to Iraq and the Middle East nations, quickly deteriorate and go down the tubes of failure. (I would say Iraq's economy was already a failure; what he is doing isn't causing it to get worse)

I would say he has another option, and that is to do what he has claimed a dozen times he intends to do. (which you leave off your list of possible options). That is a redenomination. It has happened scores of times around the world in other countries, whereas I would challenge you to provide a list of countries that have actually RV'd in the past. The ones that have done so, have only RV'd their currency a low ammount; none higher than 50% of their currency value. If Iraq RV's to $1, that would be over 100,000 %. Just think about that for a second.

Lets please stop quoting dinar-forum speak and dinarland facts; and start thinking for ourselves.

I would love to hear your thoughts on this.

Rich in TX

My point is Rich is the fact someone has to start this new banking system to go into effect, Why NOT Iraq? many can go off past history but the fact remains is it working? the answer is clearly NO. Many countries have had to devalue their currencies because of debt and theres pretty much no way of getting out of it unless you are like Iraq and have major wealth and future to back it up. Why do you think they are being forgiven their debt. Some BIG changes are coming. Sit back and enjoy the show.

Edited April 18, 2012 by easyrider

[Rich in TX]

read into the basil compliance renditions then youll see where this is coming from.

I havent read up on this but I will look for it.

All I am saying is it's very easy to say that Iraq is misleading or misinforming with propoganda (because they dont want to let the cat out of the bag) because we are monetarily invested in this, and our opinions are greatly skewed by what we WANT to happen.

Even to the point that we completely ignore the multitude of evidence from the CBI that they intend to to the opposite. I would challenge you to show me one single instance where the CBI has said one thing and then done another. I do not believe they are being misleading at all. I think they will do exactly what they are saying they will do.

Now compare that non-existent list to the list of statements and promises that we in the dinar community have heard from everyone outside of the CBI, about what they believe the CBI will do. It is a rhetorical query. Nobody in their right mind has to actually go through these steps; we all know where I am going. Who should we believe?

[easyrider]

I havent read up on this but I will look for it.

All I am saying is it's very easy to say that Iraq is misleading or misinforming with propoganda (because they dont want to let the cat out of the bag) because we are monetarily invested in this, and our opinions are greatly skewed by what we WANT to happen.

Even to the point that we completely ignore the multitude of evidence from the CBI that they intend to to the opposite. I would challenge you to show me one single instance where the CBI has said one thing and then done another. I do not believe they are being misleading at all. I think they will do exactly what they are saying they will do.

Now compare that non-existent list to the list of statements and promises that we in the dinar community have heard from everyone outside of the CBI, about what they believe the CBI will do. It is a rhetorical query. Nobody in their right mind has to actually go through these steps; we all know where I am going. Who should we believe?

Well, thats your opinion and you are entitled to it. Lets face it its up in the air me or you DO NOT know for sure what is going to take place. We are in very interesting times. Something has got to change and i urge you to keep an open mind. Yes, I am a pro RVer and i do believe they will revalue at some point but agian this is my opinion.

[Rich in TX]

Well, thats your opinion and you are entitled to it. Lets face it its up in the air me or you DO NOT know for sure what is going to take place. We are in very interesting times. Something has got to change and i urge you to keep an open mind. Yes, I am a pro RVer and i do believe they will revalue at some point but agian this is my opinion.

what is a ProRV'er? does that mean you are making money currently from this Dinar Speculation?

[easyrider]

what is a ProRV'er? does that mean you are making money currently from this Dinar Speculation?

absolutely NOT a pro Rver is someone that believes in an RV instead of a LOP IMHO anyways.

what is a ProRV'er? does that mean you are making money currently from this Dinar Speculation?

anyhow you seem kinda bitter which i read you dumped all your dinar so may i ask why you are still sticking around?

Edited April 18, 2012 by easyrider

[Rich in TX]

absolutely NOT a pro Rver it someone that believes in an RV instead of a LOP IMHO anyways.

oh, ok.

Then I guess I, along with Shabibi and Saleh, am NOT a pro RV'er. since they have repeatedly stated their intention to RD.

absolutely NOT a pro Rver is someone that believes in an RV instead of a LOP IMHO anyways.

anyhow you seem kinda bitter which i read you dumped all your dinar so may i ask why you are still sticking around?

to warn as many as I can, thats why. And it's entertaining.

[easyrider]

oh, ok.

Then I guess I, along with Shabibi and Saleh, am NOT a pro RV'er. since they have repeatedly stated their intention to RD.

believe what you believe is what i always say and move on bro.

to warn as many as I can, thats why. And it's entertaining.

o god give me a break.

[Rich in TX]

but back to my original question, can you please answer the following:

1. you say: "Dr. Shabibi has stated that the Iraqi Dinar will be the greatest currency in the Middle East and the Arab world, as well as the international market place."

Please provide me the link or audio clip of him saying this. Not a link to many forum references.

2. Show evidence that large denoms are off the street.

thanks

[The Machine]

oh, ok.

Then I guess I, along with Shabibi and Saleh, am NOT a pro RV'er. since they have repeatedly stated their intention to RD.

Why you still complaining if your selling all your dinar (i seen your "for sale post") .... If you wanna go ... then go , were all big boys and girls here. We can make up our own minds.

Or is it that your looking to get others to follow you so your not all alone in RD land

[Rich in TX]

Why you still complaining if your selling all your dinar (i seen your "for sale post") .... If you wanna go ... then go , were all big boys and girls here. We can make up our own minds.

Or is it that your looking to get others to follow you so your not all alone in RD land

All alone? really? you might want to take the blinders off and peek outside of your forum for a change.

[easyrider]

All alone? really? you might want to take the blinders off and peek outside of your forum for a change.

rich we were talking about this yesterday about people hijacking threads lets not go down this road and agree to disagree please, its an opinion and please check into the basil site i have listed.

[gatoraces]

i doubt rich is all alone. plus, obviously, anyone who has dinar wants it to RV for as much as possible. Personally, i believe the rate will someday be much higher, but will lop first. Either way, i have a bunch and i will sit on it until it is either worth more or worth nothing. No biggie to me.