THE WAY IT WILL HAPPEN?

[umbertino]

Very interesting thought...who knows though?! lol. My buddy said it best the other day,"Either these guys are very smart, or they are very...very stupid."

Sometimes, in some contexts and situations the outcomes are the same in both scenarios.

Edited December 13, 2010 by umbertino

[Shamrock31]

Thanks Pops. Great post. Ignore the unhappy responders as I do. If one can't be upbeat about this endeavor they need to bail out.

[umbertino]

Jesus is in the driver seat on this one. Praise God amen.

C'mon Man......I mean, seriously......... You mistook this place for a Church where you can feed us your totally unwanted sermons or what? Please be kind and try to get it right............. It says .. D-I-N-A-R-V-E-T-S and the main topic here is I-R-A-Q-I D-I-N-A-R-S and RV......

Seriously, do you have to try to turn every thread into a bible study? Some people on this message board aren't religious, or Christian and read it for information. We don't need religious posts rammed down our throats.

Cheers

Right and if you really feel the compelling and unstoppable need to keep spreading the Word at least please do so in the Off-Topic section of this Forum. Thanks in advance

[virginiaauctions]

I"m glad this is in the rumor section because I am going to give you my opinion on what is about to happen.

1. An RV will occur low (1 dinar = about $0.10). to pull in a large portion of investers holdings. $100,000.00 per 1 million dinar.

2. It will stay there for a couple of weeks or so and then start to drop slowly. This will result in more investers bailing out and cashing in.

3. Then the real RV will start to occur. Fast or gradually, I can't guess.

I have done all I can to gather information over the last 6 years that I have been in this and read all I could about The Rothschilds and others that control the worlds wealth and see patterns to take all they can for themselves. They have used these tactics many times before to buy up money for penneys on the dollar and I beleive they will do it again with the IRAQ dinars. If I am right, I will probably cash in some on the first run but hold on to the rest for the long haul and hope I am right. I am not offering advice on what you should do, only giving you something else to think about.

Makes sense they will still bash you as always lol

[wolfman]

Diver, cute response. I retract my apology. You're a jerk. Newbie? Maybe under this name. I got in trouble a few times for lowering myself to responding to garbage. I ain't getting kicked off again. I TOLD you I wasn't trying to trash you, I even apologized. My bad for that.

[PhillyDinar]

I was under the impression that once it RV's the value can not fluctuate more than 2% over a 2 year period.

this is truth has been stated in several articles!

although, the above THEORY is sound.. it wont work in this particular event.

[tonysg]

It wont happen that way. They cannot afford to go lower than $1.50 If they went as low as .10 every forex watcher would buy enormous amounts of dinar, causing their inflation to go through the roof. It would be economic suicide.

I concur with TonyR on this idea, right now they are not internationally traded, once it is recognized everyone who is trading will jump on it if it's too low

This is of course my .02 cents worth

[JNK]

Can't we all just get along? Religious beliefs, political views, whatever the case may be, I think we all know that everyone on this site is not going to be on the same page. However, we are on here for one thing, and that is for a certain investment we made. Let's keep our eye on the ball and not get so caught up in the "he said, she said" mumbo jumbo...This is truely something amazing we are apart of and we definitely shouldn't rush a good thing. It will happen sooner or later. IT HAS TO!

[usndiver]

Diver, cute response. I retract my apology. You're a jerk. Newbie? Maybe under this name. I got in trouble a few times for lowering myself to responding to garbage. I ain't getting kicked off again. I TOLD you I wasn't trying to trash you, I even apologized. My bad for that.

Well there you go. My feelings are hurt, I'm keeping the pacifier and blankey for myself now.

[norm53]

I respectfully disagree with pops analysis..but we'll see..

The bottom line is:

No one this board knows!!

Stay tuned...

If you're going to enlarge the font to emphasize your point then please make sure you have a complete sentence.

[EBJNYC]

I"m glad this is in the rumor section because I am going to give you my opinion on what is about to happen.

1. An RV will occur low (1 dinar = about $0.10). to pull in a large portion of investers holdings. $100,000.00 per 1 million dinar.

2. It will stay there for a couple of weeks or so and then start to drop slowly. This will result in more investers bailing out and cashing in.

3. Then the real RV will start to occur. Fast or gradually, I can't guess.

I have done all I can to gather information over the last 6 years that I have been in this and read all I could about The Rothschilds and others that control the worlds wealth and see patterns to take all they can for themselves. They have used these tactics many times before to buy up money for penneys on the dollar and I beleive they will do it again with the IRAQ dinars. If I am right, I will probably cash in some on the first run but hold on to the rest for the long haul and hope I am right. I am not offering advice on what you should do, only giving you something else to think about.

"Hold on to the rest for the long haul"? May not be a "long haul" --- how about .05 (start rate) with it being frozen for 30 days - with a 30 day TURN-IN deadline (for the NON-FINANCIAL PUBLIC) -- then RISE after the deadline for FINANCIAL institutions. That's why I've always maintained -- CONTINUE TO BUY -- you cannot "assume" a .86 - 1.50 (start rate) and stop buying -- not knowing what the start rate or terms will ACTUALLY be.

Edited December 14, 2010 by EBJNYC

[troyster1100]

This is not my article but well thought out and i think it addresses some of what you guys are talking about take it for what its worth. got it from another site. not really anews article just op-ed so take it for what it is worth.

As for the concern of at what amount Iraq will exchange at… I want to say that when I express my theories on rates it is done so with not a mere whim to expel what I’ve heard. I truly enjoy studying economics for fun and I’ve run over the various theories over rates several times in an attempt to prove my own theory in correct, however each time I find further evidence to conclude and even concrete my theory that a higher rate than that of a 1/1 trade is probable and sustainable without extreme risk to Iraq’s economy or its assets. While I have been continuously told that the rate will be in the $3+ range by my very near and dear friend who I trust tremendously; I’ve still taken it upon myself to prove that it is possible. Throughout my studies I created the opinion that I cannot see Iraq emerging into the free exchange market with a currency valued less than approximately $2.80 IQD to every 1 USD. Yet, I feel to even out trade imbalances and to create a healthy relationship with other Arab nations and oil producing nations, I feel that it would be in Iraq’s best interest to emerge at a rate closer to $3.00 or above, yet not as high as that of the KWD.

The rate of 1/1 ratio would be an undervalued currency for the region. The rate itself undermines the value of Iraq’s assets even as we speak. If you consider Iraq’s neighbors they are well above the 1/1 rate as well, due to their vast reserves of oil and / or other reserves or GDP. Iraq is on a growth pattern similar to that of Superman being “faster than a speeding bullet.” Iraq in itself has out grown the rate of 1/1 with their 12 – 16 million barrels of oil produced daily, coupled with increasing growth in private sector even though it is extremely held back do to the foreign investor laws having not been passed yet, and the still lower rate of unemployment.

It is obvious that since October of last year, Iraq is eagerly pursuing the release of Chapter 7. The Chapter holds vast amount of riches in gold, real estate, foreign assets etc… The full and conclusive amount of those assets can only be assumed and/or approximated, however it is easy to see that they are well into the billions in value. With the above having been laid out in a sort of short hand way, I believe that a rate of any less than even $2 would be a shift/upset with the balance of trade and commerce. It would undermine the intelligence of the global community and more importantly, Iraq’s neighbors. And, Iraq most certainly will have more than enough in foreign reserves as well as assets to defend a rate of 3+…

The only disadvantage Iraq truly has is within the mindset of the Iraqi society and the rest is merely hanging in the foreground waiting on them to catch up. If you’re one who is looking for information that will lead you to some sort of conclusion in the midst of confusion with how this is all unfolding I suggest you begin to study other war torn nations or similar nations with their history of economic policies or methods. One nation you might wish to look into would be that of Europe. You’ll see that they have valued their currency several times and you’ll also find information on the reason and/or method’s of thinking behind their revaluations.

I know that many of you are somewhat stumped to my interest in the Queen and the Pope’s recent actions but again, I will say that it has everything to do with history and little to do with heresy.

If we’re wishing to learn more about monetary policy we must consider history as well as patterns. We all have minds that create thoughts in many different ways. Some of us have analytical minds and we enjoy tearing theories or hypothesizes apart in order to gain greater understanding, while other’s have more artistic minds who need a situation or theory painted for them as a picture to be summarized for better understanding. I will attempt to help both sorts of minds to understand some of my foundational philosophy on rates and global powers… We’ll see how well I do, eh?

If we take a look at the Bretton Woods agreement of 1944 we will have a greater understanding of it’s appointment and it’s role into today’s situation. In 1944, representatives of 44 countries, which included the Soviet Union, met in New Hampshire and chose to create the IMF and the IBRD (International Bank for Reconstruction and Development also known as the World Bank). This was in existence until the 1970’s when they realized that the system they created, which were based upon Fixed Rates, were collapsing. In 1971, they restructured the system and replaced it with the system of Floating Exchange Rates. The United States was the country to develop the entire system we are speaking of. If we compare dates of the birth of the IMF and IBRD/WB to other United States monetary movements we will discover even more about the purpose of these organizations.

Why were these branches of the UN developed? Well, lets take a ride through history, shall we?

The history of convertible de facto gold standard was first adopted by England in 1717. However, it wasn’t until the year 1900 when the United States Congress passed the Gold Standard Act. If anyone hurriedly researches the “Gold Standard,” they will think that it was Nixon who abandoned the foundation of the USD, but this is one half of the answer. The first steps were taken in 1933, by President Franklin Roosevelt when he ended our right to “surrender paper dollars for the gold and even to own gold bullion,” by nationalizing gold. President Richard Nixon administered the second step in 1971, when he completely abandoned the gold standard.

Now, you will see above that the restructuring of the IMF/WB began in 1971 and we also had Pres. Nixon abandoning the Gold Standard that very same year.

Many of you are wondering at this moment what any of this has to do with where we are today and it’s relation with the value of the Iraqi Dinar. It very much has to do with the current economic environment as well as the future value of the IQD. The Bretton Woods Conference was the beginning to basket currencies. Foreign countries that were invested in the value of USD because it could be converted into gold found themselves holding paper and nothing else as of 1944. The entire makeup of the global financial system changed overnight and is still in effect.

Today, we now have a modern World Banking system that is only modern by face value but very much entangled by its history. The World Bank controls the world’s debt in conjunction with the IMF. We have all invested in a country that has filed for Chapter 7 Bankruptcy and we are witnessing history as we speak, but how is this going to play out? How does all these piece’s to the puzzle fit to create a clearer picture?

We all here rumor’s everyday that lead us to believe things that defy our foundation of logic. We deeply know that some of the rumors defy logic but some of us accept them readily without further consideration. Why is this?

The recent mention of lower rates such as 1/1 ratio’s or lower defy my foundation of economic logic as well as economic policies. This rate defies the rules set forth by the UN under the IMF rules outlined under Schedule C discussing Par Values.

The definition of Par Value is the nominal dollar amount present between the currency of two countries, which is based off of the current official exchange rate. As the exchange rate is adjusted upwards and downwards, the par value of currency ratio will rise and fall in accordance.

According to Schedule C of the IMF it states,

“6. A member shall not propose a change in the par value of its currency except to correct, or prevent the emergence of, a fundamental disequilibrium. A change may be made only on the proposal of the member and only after consultation with the Fund.”

“…A proposed change in par value shall not take effect for the purposes of this Agreement if the Fund objects to it. If a member changes the par value of its currency despite the objection of the Fund, the member shall be subject to Article XXVI, Section 2. Maintenance of an unrealistic par value by a member shall be discouraged by the Fund.”

So what do that consider “unrealistic?” It further states,

5. Each member that has a par value for its currency undertakes to apply appropriate measures consistent with this Agreement in order to ensure that the maximum and the minimum rates for spot exchange transactions taking place within its territories between its currency and the currencies of other members maintaining par values shall not differ from parity by more than four and one-half percent or by such other margin or margins as the Fund may adopt by an eighty-five percent majority of the total voting power.

Now, the idea of a rate ration of 1/1 or lower would defy the above rules and would prove to be “unrealistic” by the IMF and is much lower than -4.5% further proving to be the definition of a fundamental disequilibrium.

Throughout this time (mainly within the last 12 months), we’ve heard various “prominent members” throughout the web community quote their speculative theories on the emerging currency rate of the IQD. Some of these “prominent members” admit that their theory it is mere speculation, while others maintain that it is fact. Nevertheless, the remaining member’s of the investment community sit by the sidelines eagerly listening to proposed rates and are left feeling confused. Needless to say, we as a web community of investor’s who are seeking the same outcome have created our own man-made philosophy. I have strong opinions about various man-made philosophies, which many of you are keenly aware of.

The theory of the rate being a mere $1 is going to prove to be a debacle due to the concept of the International Monetary Fund allowing Iraq to emerge back into the global market at $1 defies economic logic and would prove a disaster for the developing country on many levels. I rely on what I have been told by sources with higher understanding and first hand knowledge of the economic models in existence. I’ve been told that the economic model developed for the country of Iraq shows that the plan is to make them as wealthy, if not wealthier than that of Kuwait.

So, I’m going to give a brief economic lesson to those of you who are interested. I have said what I’m about to write before, however as new investors join our site the questions arrive daily as to how and why I hold my theories. The below following excerpt is based off of a rumor that was spreading throughout the web in the latter part of 2009, however even though it is based upon an outdated rumored rate of $1.56, you’ll see that it will certainly apply to anything lower as well. Yes, I’ve been told a consistent rate of higher than $3, however below I’m going to explain that based upon my economic foundational theories as to why the concept of the IMF allowing Iraq to emerge at a rate of $1 or anything lower than $2.80 will be enormously detrimental to the economic sustainability of Iraq.

Please remember that what I’m about to explain is again based off an old outdated rumor of $1.56 which is not true, yet still is applicable to today as it was last year. T

The country of Iraq is currently in the process of building up different sectors within its economy. In the meantime, most of the country is in poverty. No jobs are available to the people of Iraq and unemployment is through the roof. The countries debt far exceeds its annual GDP. Thus, the exchange-rate theory, upon first consideration shows enormous doubt upon the proposed $1.56 conversion rate, in which a Fixed Exchange rate (PEG, as some have mentioned in past days) of $1.56 would contain inflationary pressures which would fundamentally shatter in a sudden balance-of-payments crisis, allowing the currency to rapidly depreciate! Especially considering that currency speculation is a risk they have to monitor and they are going above and beyond to deter attacks by drones of speculator’s. The rate of a $1.56 would obviously prove to be unsustainable.

Currency speculation creates objective economic conditions that make the devaluation more likely….So, even a pegged exchange rate that one would assume could sustain indefinitely in the absence of a speculative attack could succumb to adverse markets throwing of the equilibrium!

By challenging the macroeconomic fundamental sustainability of Iraq by A) having a fixed rate of $1.56 coupled with currency speculation … would essentially cause Iraq to sell foreign currency reserves (SDR’s) to fix it’s currency exchange rate to private holders (other countries) who can continue holding it to defend the peg.

Since we know that Iraq has hardly any if not zero gold reserves as well as limited SDR Allocations then we know that they fall under the Low Reserve dilemma. When this takes place then we know that the limited reserves they currently hold are otherwise in a pre-committed situation rather than free for play, ultimately meaning that currency speculator’s whether private holders or governmental holders can take out the currency peg. If this event were to take place (which it would) then by giving up the pegged rate the government would essentially devalue by 50% or more ($1.56 / 2 = $0.78) thus implying a forced collapse of the exchange rate.

We know that their public debt is astronomically high considering the numerous loans that have been provided to them by the IMF, WB, China, US, and Japan…etc… When a country is highly indebted without any reasonable production of their GDP then their debt to income ratio is out of balance, especially when we are dealing with short-term soft loans. Future’s predictors will expect depreciation and the result will drive up local interest rates…, which will then ultimately cause a devaluation of domestic currency debt…. This is the last thing a newly emerging country needs; it would put them in a major crisis before they could even take off!

So, in short… The idea of a rate of $1.56 is astronomically defying sane economic logic. The CBI wouldn’t benefit and the country of Iraq would essentially be forced into another Chapter 7.

I realize that what I just explained is arguing a PEG theory, however this same argument does apply to rumored lower rates. If a country undervalues its currency they will be forced to sell off reserves to maintain the lower “managed” rate and the same would apply if they over inflate the rate. Even still the bottom line is that the IMF is searching for an equilibrium within currency exchange rates and trade relations, if Iraq doesn’t price their currency appropriately they will be moving against the greater agenda of the IMF and we all know who is in control.

[muchodinaro]

LOL actually everybody knows, they are just afraid to admit it. Read every non biased article out there, they all state the same thing. Stop following rumors and B!!!S!!!! intel. All the intel you need are articles coming straight from the CBI and Iraq. The IQD will be redenominated. Stop being in denial. I understand being optimistic, but this has become down right ridiculous.

What will happen. Not from intel, rumors or a special contact lolol...

Your 25,000 note is now worth 25.

RV'ed @ Less than 1:1 = Loss of money

RV'ed @ 1:1 = Money back

RV'ed @ 2:1 = Double your Money

RV'ed @ 3:1 = Triple your money

It's not a secret. No special intel. Just read the articles out there. Most are even posted right here on this forum. What you read about 3 zeros being removed is not a rumor. There is a reason there has been 100's of them coming out. Stop being in denial and accept it. There is no hidden meaning to all the articles like the "gurus(lolol)" tell you. Why does every article have to have a "hidden meaning"? All I see is a bunch of ignorant people hanging on to every word from the "gurus" in hopes they will become rich one day. Do you own research, read your own articles, form you own opinion. You're in for an upsetting surprise.

LOL Sorry but you'll all find out soon enough.

HATE TO SAY I TOLD YOU SO...

Yes, and you are beyond ingnorant. You are stupid! As you stated, you will be the one who sees. You obviously believe the lies that come out of Iraq, because you are simple. Lucky for you that even a blind squirrel can find a nut on a rare occassion. How much did you invest dummy?

[pops]

TROYSTER, That was a great response. I see you don't agree with me and thats fine. At least you were not throwing attacks toward me. You have very good points and if I were able to choose which of us are right, I"m with you. The only reason I think it might happen the way I stated was the pattern of the Rothschilds and counterparts in the past.. They will do what will benifit them. I think we can agree that they don't care about Iraq and their citizens and certainly not any investers. Thanks for the info. Now I am going to read it again and chew on it awhile. I think the next few days will tell the tale. GO RV

[Upgradable]

This is not my article but well thought out and i think it addresses some of what you guys are talking about take it for what its worth. got it from another site. not really anews article just op-ed so take it for what it is worth.

As for the concern of at what amount Iraq will exchange at… I want to say that when I express my theories on rates it is done so with not a mere whim to expel what I’ve heard. I truly enjoy studying economics for fun and I’ve run over the various theories over rates several times in an attempt to prove my own theory in correct, however each time I find further evidence to conclude and even concrete my theory that a higher rate than that of a 1/1 trade is probable and sustainable without extreme risk to Iraq’s economy or its assets. While I have been continuously told that the rate will be in the $3+ range by my very near and dear friend who I trust tremendously; I’ve still taken it upon myself to prove that it is possible. Throughout my studies I created the opinion that I cannot see Iraq emerging into the free exchange market with a currency valued less than approximately $2.80 IQD to every 1 USD. Yet, I feel to even out trade imbalances and to create a healthy relationship with other Arab nations and oil producing nations, I feel that it would be in Iraq’s best interest to emerge at a rate closer to $3.00 or above, yet not as high as that of the KWD.

The rate of 1/1 ratio would be an undervalued currency for the region. The rate itself undermines the value of Iraq’s assets even as we speak. If you consider Iraq’s neighbors they are well above the 1/1 rate as well, due to their vast reserves of oil and / or other reserves or GDP. Iraq is on a growth pattern similar to that of Superman being “faster than a speeding bullet.” Iraq in itself has out grown the rate of 1/1 with their 12 – 16 million barrels of oil produced daily, coupled with increasing growth in private sector even though it is extremely held back do to the foreign investor laws having not been passed yet, and the still lower rate of unemployment.

It is obvious that since October of last year, Iraq is eagerly pursuing the release of Chapter 7. The Chapter holds vast amount of riches in gold, real estate, foreign assets etc… The full and conclusive amount of those assets can only be assumed and/or approximated, however it is easy to see that they are well into the billions in value. With the above having been laid out in a sort of short hand way, I believe that a rate of any less than even $2 would be a shift/upset with the balance of trade and commerce. It would undermine the intelligence of the global community and more importantly, Iraq’s neighbors. And, Iraq most certainly will have more than enough in foreign reserves as well as assets to defend a rate of 3+…

..............................................edited out for brevity....................................................................

So, in short… The idea of a rate of $1.56 is astronomically defying sane economic logic. The CBI wouldn’t benefit and the country of Iraq would essentially be forced into another Chapter 7.

I realize that what I just explained is arguing a PEG theory, however this same argument does apply to rumored lower rates. If a country undervalues its currency they will be forced to sell off reserves to maintain the lower “managed” rate and the same would apply if they over inflate the rate. Even still the bottom line is that the IMF is searching for an equilibrium within currency exchange rates and trade relations, if Iraq doesn’t price their currency appropriately they will be moving against the greater agenda of the IMF and we all know who is in control.

HOLY COW!

I just learned so much about the current and potential economic situation upon which Iraq is poised, I'm stymied!!

And I can never thank you enough for taking me from my "It's too good to be true!" mindset into a much sweeter

"It's too good NOT to be true!"

Edited December 14, 2010 by Upgradable

[kingdog 5]

Good insight

[Upgradable]

I think it would be really great if Troyster's post was a thread of its own. Anybody else?

And Troyster, whose article is that? Do you have a link? Thanks!!

[Mongo]

[troyster1100]

TROYSTER, That was a great response. I see you don't agree with me and thats fine. At least you were not throwing attacks toward me. You have very good points and if I were able to choose which of us are right, I"m with you. The only reason I think it might happen the way I stated was the pattern of the Rothschilds and counterparts in the past.. They will do what will benifit them. I think we can agree that they don't care about Iraq and their citizens and certainly not any investers. Thanks for the info. Now I am going to read it again and chew on it awhile. I think the next few days will tell the tale. GO RV

Pops

I am not here to degrade anyone for their beliefs. its obvious you have put a great deal of thought into this, i applaud anyone who spends the time to express their ideas here even if i dont agree with it or even hope its not true. I dont even pretend to comprehend all the things that are going on behind the scenes in iraq to make this all happen, so i just read everything i can get my hands on and try to formulate an opinion. in this case the way everyone was going on i thought it best just to put this op ed piece in here for food for thought. thank you for taking the time to read and ponder this. i posted to help everyone. you who obviously do put a lot of thought into your writing, and for the peolpe who are lashing out at you and each other in an infantile way. i almost feel sorry for some of them as they either have no valid opinions or cant find the words to express them.

thanks for your response

I think it would be really great if Troyster's post was a thread of its own. Anybody else?

And Troyster, whose article is that? Do you have a link? Thanks!!

i took your advice and posted it under its own thread. i kind of feel guilty about it as i did not write it and i would like to give credit to the person that did.

but i dont kn ow what i can say here without getting in trouble for promoting another site. but the person who wrote it goes by the name Groove Gal.

Thanks

happy RVing