coorslite21 Posted September 12, 2018 Report Share Posted September 12, 2018 2 minutes ago, Floridian said: Tlar is a fellow that a lot of people followed. He used to post on Kaperoni's board and/or another site board. It's been so long I'm not quite sure if one or both. Also, his quotes were always on "Dinar Guru", so a lot of people followed him in the past. He now posts on a "private board" that is by invitation only. I believe Carrello is on that board. She would know more than I, about Tlar's current proclamations. 😊 Thanks for the info......I am a bit out of the loop on all of this Guru/expert stuff.......I just look at the news and try to draw my own conclusions.........guess I haven't read anyone yet that really has a clue??? JMO......CL 3 1 2 Link to comment Share on other sites More sharing options...
Floridian Posted September 12, 2018 Report Share Posted September 12, 2018 10 minutes ago, coorslite21 said: Thanks for the info......I am a bit out of the loop on all of this Guru/expert stuff.......I just look at the news and try to draw my own conclusions.........guess I haven't read anyone yet that really has a clue??? JMO......CL Yes, everybody has a guess, but no one really knows. 5 Link to comment Share on other sites More sharing options...
6ly410 Posted September 12, 2018 Report Share Posted September 12, 2018 https://www.thebaghdadpost.com/ar/Story/121164/البنك-المركزي-يعتزم-طرح-كميات-هائلة-من-العملة-ذات-الفئات-الصغيرة same article 1 2 Link to comment Share on other sites More sharing options...
navira Posted September 12, 2018 Report Share Posted September 12, 2018 6ly410, thanks bro. The CBI is to develop a plan to compensate the market with small categories of local currency...love the sound of it. 5 Link to comment Share on other sites More sharing options...
6ly410 Posted September 12, 2018 Report Share Posted September 12, 2018 1 minute ago, navira said: 6ly410, thanks bro. The CBI is to develop a plan to compensate the market with small categories of local currency...love the sound of it. me too bro..sounds like new lower notes to me..we will see.... 2 Link to comment Share on other sites More sharing options...
6ly410 Posted September 12, 2018 Report Share Posted September 12, 2018 The central bank intends to put "huge" amounts of currency in small groups The Central Bank Of Iraq announced its intention to Raise large amounts of local currency, with small categories, while continuing to receive the damaged currency from the citizens and replace it with new. The governor of the bank Ali al-Alaq said in a press statement: "The Central Bank to develop a plan to compensate the market small categories of local currency, as will be next month large quantities of huge ones," noting that "these quantities will meet the need of the local market for those categories of currency." He added: "The bank continues to receive local currency damaged by citizens and replace them with new currencies," pointing to the existence of a specialized committee to examine the damaged papers to ensure their safety from fraud and manipulation. https://www.thebaghdadpost.com/ar/Story/121164/البنك-المركزي-يعتزم-طرح-كميات-هائلة-من-العملة-ذات-الفئات-الصغيرة 1 3 Link to comment Share on other sites More sharing options...
3n1 Posted September 12, 2018 Report Share Posted September 12, 2018 41 minutes ago, 6ly410 said: me too bro..sounds like new lower notes to me..we will see.... 6ly410 , do u feel the new lower notes are notes that have not been in circulation to date ? not trying to get u to say anything and sure not trying to hold ur feet to the fire, just like to understand how others view the articles sometimes i read the articles in tunnel vision ... cheers 3 Link to comment Share on other sites More sharing options...
Laid Back Posted September 12, 2018 Report Share Posted September 12, 2018 9 hours ago, justchecking123 said: He doesn't know what he believes from hour to hour.🤯 I know you just checking, I'm a believer of revaluation at $1:1 Why? - easiest way to Dedollarize the country - easiest transitition for the Iraqi citizen - cheaper to rebuilt the country - real purchasing power Go RV Go $1:1 1 4 5 Link to comment Share on other sites More sharing options...
navira Posted September 12, 2018 Report Share Posted September 12, 2018 This may be the start of the deletion of zeroes...the taking away of large notes n the introduction of new small categories in great quantity 3 3 Link to comment Share on other sites More sharing options...
4twenty Posted September 12, 2018 Report Share Posted September 12, 2018 12 hours ago, Floridian said: I just had a thought, which would reverse my long-held 10 cent theory. I know, I know. No need to say it. 😂 However, for everyone's consideration, could this be what's happening? They say they are releasing more 250, 500 and 100 notes. I previously thought it was a misprint and that they really meant the 1,000 notes, not the 100 notes. But, if it wasn't a misprint and they really meant to say the 100 notes then - Do you suppose that after this happens, they will drop the 3 zeros (maybe January, 2019) so that - 50,000 becomes 50 25,000 becomes 25 10,000 becomes 10 5,000 becomes 5 1,000 becomes 1 If this is the case and if all of the above should happen, Iraq will have these bills: 1 5 10 25 50 100 250 500 This would make the dinar equal to the dollar. Oh boy! I hope I'm right. If I miscalculated anything, please let me know so I can stop jumping up and down for joy. Thank you all. It is my understanding that this scenario puts us back to where we started in this investment... if I purchase a 25k note for $25, then you drop the zeros off 25k note, wouldn’t “25 dinar” note equal to $25... which does not change the value. Not sure if I’m understanding your enthusiasm, but you are correct, 1 dinar will equal to 1 dollar, however this does not increase the purchasing power of the dinar. I also don’t understand how the rate in country can be different from the actual value outside of Iraq... could someone explain that to me? If the exchange rate outside of Iraq was higher, wouldn’t all the Iraqis choose to exchange elsewhere? I am not or trying to be rude, just trying to understand. Thank you in advance! 1 Link to comment Share on other sites More sharing options...
6ly410 Posted September 12, 2018 Report Share Posted September 12, 2018 17 minutes ago, navira said: This may be the start of the deletion of zeroes...the taking away of large notes n the introduction of new small categories in great quantity Yes.. Link to comment Share on other sites More sharing options...
jg1 Posted September 12, 2018 Report Share Posted September 12, 2018 9 minutes ago, 4twenty said: It is my understanding that this scenario puts us back to where we started in this investment... if I purchase a 25k note for $25, then you drop the zeros off 25k note, wouldn’t “25 dinar” note equal to $25... which does not change the value. Not sure if I’m understanding your enthusiasm, but you are correct, 1 dinar will equal to 1 dollar, however this does not increase the purchasing power of the dinar. I also don’t understand how the rate in country can be different from the actual value outside of Iraq... could someone explain that to me? If the exchange rate outside of Iraq was higher, wouldn’t all the Iraqis choose to exchange elsewhere? I am not or trying to be rude, just trying to understand. Thank you in advance! Lots of Theory's. But I think Floridian needs to help himself into the lobster tank. Don't worry lobsters feel no pain I have heard but I think they do 3 1 Link to comment Share on other sites More sharing options...
navira Posted September 12, 2018 Report Share Posted September 12, 2018 "Governor of the Central Bank...the Bank 's plan to modernize the currency in circulation and the deletion of zeros." "The Central Bank of Iraq announced its intention to raise large amounts of local currency, with small categories, while continuing to receive the damaged currency from the citizens and replace it with new." I know the first quote was mentioned before...and the second quote is from the latest news....like i said, maybe this is the start of the taking away large notes 1 4 Link to comment Share on other sites More sharing options...
6ly410 Posted September 12, 2018 Report Share Posted September 12, 2018 Article of the year for sure..wow 1 Link to comment Share on other sites More sharing options...
navira Posted September 12, 2018 Report Share Posted September 12, 2018 U all notice that the CBI is really not paying much attention to what is happening in the government...they came out saying...oh yeah, by the way, we are going to release the small categories into the market next month..lol 2 Link to comment Share on other sites More sharing options...
6ly410 Posted September 12, 2018 Report Share Posted September 12, 2018 1 minute ago, navira said: U all notice that the CBI is really not paying much attention to what is happening in the government...they came out saying...oh yeah, by the way, we are going to release the small categories into the market next month..lol Haha Link to comment Share on other sites More sharing options...
navira Posted September 12, 2018 Report Share Posted September 12, 2018 The next thing these fools say is that they already release the small categories....and oh yeah, by the way the rate is 2.69 dollar per dinar 2 2 Link to comment Share on other sites More sharing options...
jg1 Posted September 12, 2018 Report Share Posted September 12, 2018 20 minutes ago, navira said: "Governor of the Central Bank...the Bank 's plan to modernize the currency in circulation and the deletion of zeros." "The Central Bank of Iraq announced its intention to raise large amounts of local currency, with small categories, while continuing to receive the damaged currency from the citizens and replace it with new." I know the first quote was mentioned before...and the second quote is from the latest news....like i said, maybe this is the start of the taking away large notes Ok, the CBI can step in line with others. Single file, eyyyyyyyyyiiiiioooo in to the pot, next. Link to comment Share on other sites More sharing options...
6ly410 Posted September 12, 2018 Report Share Posted September 12, 2018 5 minutes ago, navira said: The next thing these fools say is that they already release the small categories....and oh yeah, by the way the rate is 2.69 dollar per dinar 2.69? 1 Link to comment Share on other sites More sharing options...
navira Posted September 12, 2018 Report Share Posted September 12, 2018 6ly410, was just giving an example bro, haha 4 Link to comment Share on other sites More sharing options...
6ly410 Posted September 12, 2018 Report Share Posted September 12, 2018 Haha good number though lol 1 2 Link to comment Share on other sites More sharing options...
6ly410 Posted September 12, 2018 Report Share Posted September 12, 2018 Haha cheers navira 🥂 1 Link to comment Share on other sites More sharing options...
jg1 Posted September 12, 2018 Report Share Posted September 12, 2018 It's the same thing they have been saying for eons. As someone people would say is it smoke and mirrors. It can't be, they have a great economy! Think positive, don't believe what they say? It's a trick. Ohhhhhhhh HH let's hope so, or uhh I'm not going to tell my friends to have them say, I told you so. It's a scam. Sheez. 1 Link to comment Share on other sites More sharing options...
navira Posted September 12, 2018 Report Share Posted September 12, 2018 Bro, i came up with that rate when i was calculating at some numbers that were in the article some time ago 2 Link to comment Share on other sites More sharing options...
6ly410 Posted September 12, 2018 Report Share Posted September 12, 2018 (edited) Post RV bro..looking pretty good..let’s go IQD Edited September 12, 2018 by 6ly410 1 1 Link to comment Share on other sites More sharing options...
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