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We Just May Have A Date & A Rate!


Luigi1
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Luigi came across these two articles of significance.

Lets all hope there is some truth in theses articles.

The exchange could come out at or above 1IQD=$2USD.

All this as early as Saturday or 19th.

Go RV/RI.

 

 

 

3-16-2016   Intel/Newshound Guru Mnt Goat    On Friday an article came out telling us the government plans to raise the value of the dollar to 200,000 dinars for each $ 100 US Dollars to cover salaries.  This is the third time I know of that they have done this so far. Each time they do it, it is temporary and is for a greater amount but it always settles back to around 1140-1166 rate soon afterwards. This is a very good sign.  They have to pay the employee salaries somehow and do it now. This process will continue each month that oil prices remain low or until we get the RV. The value of the dinar may even drop yet more until something is done to correct the situation.


3-16-2016   Intel Guru Delta   In the next 24 hours we are expecting an announcement about the BONDS.  The bonds will come out 1.5 Trillion Dinars. Very interesting. Remember, they kept extending the date because no one was buying them.  If they value the bonds around 6% … it will attract investors.  Watch what happens in the next 24-48 hours. If they increased the value of their currency...it will be very interesting to see what happens with the bonds.  Will they make the same mistake they did last time?  If they change the rate...Iraqi’s won’t feel safe about leaving their currency under their mattresses.



 

 

 

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1 hour ago, Luigi1 said:

3-16-2016   Intel/Newshound Guru Mnt Goat    On Friday an article came out telling us the government plans to raise the value of the dollar to 200,000 dinars for each $ 100 US Dollars to cover salaries. 

Luigi - Quit Getting Pumped By A Mountin' Goat ! :o

That Rate Represents A 40% DECREASE In The Value Of The Dinar ! :blink:

24%2B-%2B9UYId0P.gif

:D   :D   :D 

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2 hours ago, Luigi1 said:

 

Luigi came across these two articles of significance.

Lets all hope there is some truth in theses articles.

 

What???!!!  Most folks know these articles are all reformatted, recycled, and blatant lies!!!

Yes, truth is significant - very much and of the utmost significance.  These articles are not the truth and, therefore, insignificant and certainly not worth any credence of any sort.

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18 hours ago, Luigi1 said:

 

Luigi came across these two articles of significance.

Lets all hope there is some truth in theses articles.

The exchange could come out at or above 1IQD=$2USD.

All this as early as Saturday or 19th.

Go RV/RI.

 

 

 

3-16-2016   Intel/Newshound Guru Mnt Goat    On Friday an article came out telling us the government plans to raise the value of the dollar to 200,000 dinars for each $ 100 US Dollars to cover salaries.  This is the third time I know of that they have done this so far. Each time they do it, it is temporary and is for a greater amount but it always settles back to around 1140-1166 rate soon afterwards. This is a very good sign.  They have to pay the employee salaries somehow and do it now. This process will continue each month that oil prices remain low or until we get the RV. The value of the dinar may even drop yet more until something is done to correct the situation.

3-16-2016   Intel Guru Delta   In the next 24 hours we are expecting an announcement about the BONDS.  The bonds will come out 1.5 Trillion Dinars. Very interesting. Remember, they kept extending the date because no one was buying them.  If they value the bonds around 6% … it will attract investors.  Watch what happens in the next 24-48 hours. If they increased the value of their currency...it will be very interesting to see what happens with the bonds.  Will they make the same mistake they did last time?  If they change the rate...Iraqi’s won’t feel safe about leaving their currency under their mattresses.

 

 

 

Those aren't articles ...  They are guru nuggets of ... ummm ... :huh: ... shyte - what's the word I'm lookin' for? :o

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On 3/17/2016 at 2:13 PM, Luigi1 said:

 

Luigi came across these two articles of significance.

Lets all hope there is some truth in theses articles.

The exchange could come out at or above 1IQD=$2USD.

All this as early as Saturday or 19th.

200,000 dinar to $100 is not 1 IQD = $2USD.  That is 2000 dinar = $1.  If you mean after the 3 zeros are knocked off then it is still 2 dinar = $1.  That would

mean that the 1 dinar is 50 cents.

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