George Hayduke Posted July 6, 2013 Report Share Posted July 6, 2013 nothing like a good ole "deleting the 3 zeros " article to stir the pot . I prefer to stick to documents like The Future Project of Iraq , Framework Agreement , Paris Club agreement , Inspector general report to U.S congress last year and MOP feasibility report for an idea where we may be heading with our investment . There is just way too much speculation with Arabic articles getting translated leading to hours of confusion . my Bingo... Link to comment Share on other sites More sharing options...
cooked Posted July 6, 2013 Report Share Posted July 6, 2013 Or it could very well be a LOP... How much of a possibility? No one can be sure, or rule it out completely... Some day soon Iraq will have to start saying what they will do, and do what they have said... I just hope a LOP is not the start of that! I don't think they can say what they do. they must only say what they have done. Anything they say before they do is merely bull. they cannot preannounce any kind of lop or rv. either would be disastrous to their currency. Link to comment Share on other sites More sharing options...
outlawclg Posted July 6, 2013 Report Share Posted July 6, 2013 I don't think they can say what they do. they must only say what they have done. Anything they say before they do is merely bull. they cannot preannounce any kind of lop or rv. either would be disastrous to their currency. Exactly my thinking. They can't come out and say, "Hey we are going to RV." L O P articles are fine...misdirection. I will get really happy when they come out and say "There is no way we are going to RV or raise the value of the Dinar." If memory serves me right, other countries have stated that just before a rate change. On the other hand.... I have been wrong before. Link to comment Share on other sites More sharing options...
zigmeister Posted July 6, 2013 Report Share Posted July 6, 2013 They won't announce an RV, but they sure as shooting would announce an RD. They have to, get the people ready and educated as to the process. Squash fears and concerns, answer questions. Link to comment Share on other sites More sharing options...
Dinar_o'saurs Posted July 6, 2013 Report Share Posted July 6, 2013 I want to add something to my last. While I do think what I said would be one way to accomplish what Iraq wants, I don't think it would even come close to accomplishing what is prophesied of Iraq in the bible. Everyone likes to say that if they do a strait up rv then there would simply be way to much dinar in the world and that wouldn't work. However, if they were to turn a 25,000 note into a 25 note and then rv at say $6 I would submit to you that there would not be enough dinar in the world to accomplish what they say they want. Furthermore, I think it has been proven several times over, that there is NOT that much dinar floating around. We just saw yesterday how the Iraqis are fed up with the worn out currency, and that if they turn in a 25,000 note they get back 10,000 and 5,000. So If there is little dinar on the streets then where is it? The CBI. That's were. They have been taking in dinar through the auctions for over ten yrs. Now don't give me that, they only use the auctions for the financial support of the Government stuf. I know that's what they do. However, it wouldn't be too dang difficult to siphon off a few billion dinars every month over ten yrs to create the situation we read about yesterday with the old notes. How is this important? Simple, the biggest recipient to an actual rv would be the CBI. That seems, to me at least, obvious. They will make trillions more than they will loose. And that my friends is why they keep putting it off, the longer they do, the more THEY make. It's always ALL ABOUT THE BANKER. Raise/delete the zeros = 0.00086 / 0.86 then float IMHO that is what we have been told, so many time over. But I understand that drunken Arabic is hard to comprehend. Just more thoughts from a truck driver. I had to bump you on the "drunken Arabic" statement and + you on your breakdown. Thanks! Link to comment Share on other sites More sharing options...
TotalNewb Posted July 6, 2013 Report Share Posted July 6, 2013 Crap. All these articles of wanting to delete the zeros .... Especially the one that refer to Turkey, are not good. They will lop, then RV. So your million dinar will be worth one thousand dinar than will exchange for up to 3.41 USD. This is what I see from all theses articles. Link to comment Share on other sites More sharing options...
jeepguy Posted July 6, 2013 Report Share Posted July 6, 2013 What the hell is Takina? WM13 o.kay waterman , I called my guys in Iraq -- it cost me lot of mulla and they referred me to the guy on the mountain, I climb that mountain and asked him --- what the heck is takina ---------------> his reply ------ it means - take in a movie , take in a show , take in some fun while we in Iraq wait for the bankers to do what they might do , { hahhahaha man and I took the long way } 1 Link to comment Share on other sites More sharing options...
zigmeister Posted July 6, 2013 Report Share Posted July 6, 2013 o.kay waterman , I called my guys in Iraq -- it cost me lot of mulla and they referred me to the guy on the mountain, I climb that mountain and asked him --- what the heck is takina ---------------> his reply ------ it means - take in a movie , take in a show , take in some fun while we in Iraq wait for the bankers to do what they might do , { hahhahaha man and I took the long way } baaaaaa!!!!! Link to comment Share on other sites More sharing options...
millionaire in training Posted July 6, 2013 Report Share Posted July 6, 2013 Deleting the zeros refers to removing them from the nominal rate NOT the notes. .00086 then = .86 This is exactly what we want to see! I agree with this concept. This makes a huge difference....... 1 Link to comment Share on other sites More sharing options...
TotalNewb Posted July 6, 2013 Report Share Posted July 6, 2013 I agree with this concept. This makes a huge difference....... We can only hope and pray that's what they mean. Link to comment Share on other sites More sharing options...
FreckledFuzz Posted July 6, 2013 Report Share Posted July 6, 2013 (edited) These types of articles [000's] seem to come out quarterly. They are all seemingly creative patch jobs and conglomerations of articles past. Why, just last April [2012] Khalil was saying now is the perfect time for this event -- It never happened. I think for this article, if you replace Yasiri with , say, Saleh, it might jog a few memories. In other words, don't get your undies in a bunch when you see these. Sure, they might have new bits of information in the article, but the context of the whole piece is so old and tired.... all these broken promises with no dates is worse than being left at the altar. It's worse than chewing ABC gum Edited July 6, 2013 by FreckledFuzz Link to comment Share on other sites More sharing options...
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