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RV process may have started.

Luigi1

By Luigi1,
in Dinar Rumors

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Luigi1 Grand Master

Luigi1

Posted
Posted

From other sources...

CBI Confirms That The Dinar On The Way To Improvement.

2012.06.3

Baghdad on June 03 / (QNA) / Central Bank of Iraq announced that the national currency / dinar / on the way to improvement through the return of the spread of trading in global financial markets, stressing that the right of equality Iraq peg to the dollar, as it is now open economically to the world, nor can re-isolation from the international incubator.

Read more. See links below...

http://bit.ly/KJU3Rr

http://www.iraq-businessnews.com/

Read more: http://www.another site.com/#ixzz1wudrs7dz

6-4-2012 Intel Guru Ray Saleh was on TV many times telling the people that the dinar was going to be the strongest currency in the region and that the people would be very happy when the new dinar comes out. He also told the people that all the market prices for goods in the country would be adjusted down to reflect the new value of the dinar. This is the first time I have heard this said openly by a public official. Saleh also said again that the rate would be greater than the 1978 rate. It was $3.22 in 1978. Hopefully this bit of news encourages everyone and know that they are preparing for a Sept 1 RV.

A lot of talk lately from Iraq of adjusting the IQD exchange rate 1,000 to $1. This would allow an easy transition to the next phase, the raising of the 3 zeros. It would also eliminate confussion amoungst the Iraqi people post RV. Prices on all goods & services would be easier to adjust downward as well.

What are your thoughts on this latest new development & your IQD investment?

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Biker Newbie

Biker

Posted
Posted (edited)

This is the same gobbaly **** they were saying last yr. Just more B/S for the public to hear.Is my thoughts.If you fallow back the news out of Iraq you will find the same Article time and time again.BUT they will get it right one day.Lets hope this mite be it. :rolleyes:

Edited by Biker
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Luigi1 Grand Master

Luigi1

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Posted

This is the same gobbaly **** they were saying last yr. Just more B/S for the public to hear.Is my thoughts.If you fallow back the news out of Iraq you will find the same Article time and time again.BUT they will get it right one day.Lets hope this mite be it. :rolleyes:

This may be the big one. More articles on Iraqi TV educating & conditioning the public are being aired. CBI is also releasing more statements.

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zantac Newbie

zantac

Posted
Posted

This may be the big one. More articles on Iraqi TV educating & conditioning the public are being aired. CBI is also releasing more statements.

If i had 1 IQD for everytime someone has posted the above i would not need to wait for the Rv, i would be rich even at the rate it is now :blink:

To back this up lets have a link.........again not one person has provided the link ....................YET :(

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TXNOLE Newbie

TXNOLE

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Posted

doesnt sound good to me. 1000 to $1 if you have a mill thats only a grand you walk away with. that would be knocking 3 zeros off. a lop. Someone explain why im wrong and this is good

You are correct and this would not be good! However, most believe that the dinar would then increase in value slowly over a period of time.

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BJinMontreal Newbie

BJinMontreal

Posted
Posted (edited)

doesnt sound good to me. 1000 to $1 if you have a mill thats only a grand you walk away with. that would be knocking 3 zeros off. a lop. Someone explain why im wrong and this is good

You're right dog ... it's ONLY slightly worse than the 1,170 to $1 rate posted on the CBI web page.

Edited by BJinMontreal
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pokerplayer Grand Master

pokerplayer

Posted
Posted

From other sources...

CBI Confirms That The Dinar On The Way To Improvement.

A lot of talk lately from Iraq of adjusting the IQD exchange rate 1,000 to $1. This would allow an easy transition to the next phase, the raising of the 3 zeros. It would also eliminate confussion amoungst the Iraqi people post RV. Prices on all goods & services would be easier to adjust downward as well.

What are your thoughts on this latest new development & your IQD investment?

This part has a lot of merit. The transition has to be simple to understand. After many years of repression, not many Iraqi's are educated and most are leery, having been taken advantage of for so many years.

This doe's not mean there stupid at all, just they need a big boost in confidence as they feel all gov't officials are corrupt ( probably are ) and will take the lions share once again and leave the scraps for them.

That being said, there may be a slight loss in translation, what we see and read may have no bearing on what they mean. To me, there moving the decimal 3 points, so 1000:1 is .0001 then moved to 1:1. This the average Iraqi can comprehend.

Either that or I'm nuts and the original post is right. :blink:

pp

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KamelKeeper Newbie

KamelKeeper

Posted
Posted (edited)

This may be the big one. More articles on Iraqi TV educating & conditioning the public are being aired. CBI is also releasing more statements.

This educational part is really interesting to me. $$$$$$ Thanks Luigi!

And poker player, I like the way you think. Many times terms and numbers are reversed.

Edited by KamelKeeper
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Luigi1 Grand Master

Luigi1

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You're right dog ... it's ONLY slightly worse than the 1,170 to $1 rate posted on the CBI web page.

A IQD 1,000 to $1 USD would only be a starting point with bigger moves to follow. Rounded off numbers are easier to work with.

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R2D2 Newbie

R2D2

Posted
Posted

From other sources...

CBI Confirms That The Dinar On The Way To Improvement.

2012.06.3

Baghdad on June 03 / (QNA) / Central Bank of Iraq announced that the national currency / dinar / on the way to improvement through the return of the spread of trading in global financial markets, stressing that the right of equality Iraq peg to the dollar, as it is now open economically to the world, nor can re-isolation from the international incubator.

Read more. See links below...

http://bit.ly/KJU3Rr

http://www.iraq-businessnews.com/

Read more: http://www.another site.com/#ixzz1wudrs7dz

6-4-2012 Intel Guru Ray Saleh was on TV many times telling the people that the dinar was going to be the strongest currency in the region and that the people would be very happy when the new dinar comes out. He also told the people that all the market prices for goods in the country would be adjusted down to reflect the new value of the dinar. This is the first time I have heard this said openly by a public official. Saleh also said again that the rate would be greater than the 1978 rate. It was $3.22 in 1978. Hopefully this bit of news encourages everyone and know that they are preparing for a Sept 1 RV. Has any one verifed this post?

A lot of talk lately from Iraq of adjusting the IQD exchange rate 1,000 to $1. This would allow an easy transition to the next phase, the raising of the 3 zeros. It would also eliminate confussion amoungst the Iraqi people post RV. Prices on all goods & services would be easier to adjust downward as well.

What are your thoughts on this latest new development & your IQD investment?

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eastcreek Apprentice

eastcreek

Posted
Posted

This part has a lot of merit. The transition has to be simple to understand. After many years of repression, not many Iraqi's are educated and most are leery, having been taken advantage of for so many years.

This doe's not mean there stupid at all, just they need a big boost in confidence as they feel all gov't officials are corrupt ( probably are ) and will take the lions share once again and leave the scraps for them.

That being said, there may be a slight loss in translation, what we see and read may have no bearing on what they mean. To me, there moving the decimal 3 points, so 1000:1 is .0001 then moved to 1:1. This the average Iraqi can comprehend.

Either that or I'm nuts and the original post is right. :blink:

pp

I believe sir, that you are spot on. Go RRRVVVV!

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tedro Newbie

tedro

Posted
Posted

Luigi: what you are throwing out here is considered "fluff"................hopefully some day soon you will be positioned to throw out something with some serious "meat" on it......it will happen, hang in there!!

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