Can Iraq Support a Cash-In ?

[one2one]

numerous articles floating around today regarding Iraq not being able to meet the new budget :

 

with 5 Trillion dinar in other countries being held [ most common number ]

 

what kind of a rate could they possibly cash-in at ?

 

i doubt seriously if they have enough money to do anything at all

[moose 57]

If there is 5 trillion dinar waiting to be cashed in, prove it & I am gone!

[dontlop]

I think they are speculating the amount just like the rv is speculated

A lot of dinar was sold between 6 and 7 hundred dollars a million dinar right off the bat

So that would only be around 4 billion dollars worth to make 5 trillion dinar

So 4 million people shoveling out a thousand dollars equals 4 billion dollars

Some people bought 5 million dinar

Some 10 million

So the number of investors could be reduced from that 4 million mark

[one2one]

Moose 57 :

 

the 5 Trillion number i have heard for the last 4 years in this investment ---don't have a link

[dontlop]

Maybe a lot less

Who knows maybe there's only three trillion dinar out there and the number of investors is under 2 million averaging 2500 a piece

Speculating is anyone's guess

[moose 57]

I'm not asking for a link, just the Truth.  Don't mean to put on your shoulders

[Markinsa]

You know they were talking about wanting to add liquidity to the Market and Banks, an RV would bring all those Dinar's back into Iraq to be invested.  No loans needed.

 

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[dontlop]

This guy sold tens of millions of dinar by 2010 and says he's the guy to repatriot the currency back to iraq

The last paragraph says he is the man for that job

http://www.bostonmagazine.com/2006/10/a-fistful-of-dinars/

It's a pretty good read from one of the dealers

[skrappyone]

dontlop......i can guarntee you that there are more than 5 million out there........lol..........i know you were kiddin.   It is hard to know any exact figures and any of this because they dont want anyone to know and probably they dont know.

[Wiljor]

This guy sold tens of millions of dinar by 2010 and says he's the guy to repatriot the currency back to iraq

The last paragraph says he is the man for that job

http://www.bostonmagazine.com/2006/10/a-fistful-of-dinars/

It's a pretty good read from one of the dealers

Very interesting read dontlop, I like the part where he says that "it consumes him, it follows him everywhere" I remember when I first was introduced to this and bought my first batch of Dinars, I would check DV every once in a while, now that I have a little more....Im hooked, checking the site various times throughout the day. Just the "what if" makes it hard to set aside. But at the same time I have learned a lot and although very happy and content with my life, it still has a magic about it.....................what if?

Great read and thanks for sharing.

[dontlop]

He's consumed since selling us dinar according to him has made him a millionare

[gymrat76541]

_{As I understood the process - we cash in to banks who in turn send the dinar to the US Treasury.}

 

_{They use the dinar to get back dollars or oil from Iraq.  So it is not like we are taking money out of their treasury either!}

[dontlop]

All speculation

[dontlop]

But I like that process

It's workable

[AJC]

Who really knows?

[dontlop]

I think Luigi really knows but he's under some kind of gag order so he's sends smoke signals

[ReinMan]

This is one argument for the LOPsters.

However those for the RV came up with what I call the "oil credit shell game," which is why you hear about "Madame Wu" and the Chinese.

Such James Bond BS.

There's a lot more than 5T in circulation. People have BRICKS of 25K notes!

[one2one]

the whole bunch of us [ including myself ]  must be half nuts to be thinking of getting rich from a war torn country like Iraq :

 

who is going to cover the RV ?

 

the I.M.F--the W.T.O. ?

 

the C.B.I. might RV at one or two cents :

 

that is all i see 

[yota691]

The Oil Credit's is not a game but reality...

Reconstruction is seeking to deal with the Chinese companies to implement projects in a way payment on credit

Read more: http://dinarvets.com/forums/index.php?/topic/196770-reconstruction-is-seeking-to-deal-with-the-chinese-companies-to-implement-projects-in-a-way-payment-on-credit/#ixzz3RLoqGXwR

 

[moneysoon]

Make it plain Yota, it's just a matter of time...