IS THERE an ACTUAL ARTICLE

[On_Reserve]

YES I am INVESTED yes I have spent more then 50 hours reading thank you very much

Were you reading it in the original Arabic??

I am all for gathering information, but something in your approach here (or within your original question) seems disingenuous.

TS

I believe in the RV; I don't believe in the cult.

[hopefulrv]

Were you reading it in the original Arabic??

I am all for gathering information, but something in your approach here (or within your original question) seems disingenuous.

TS

I believe in the RV; I don't believe in the cult.

HEY what is your problem. This is the question section and I had a question. OBVIOUSLY i wanted an answer thats why I asked DUHHHH!!!

I wasnt putting you or anyone else down, I was minding my own business and had a genuine question. The is Nothing disengenouus ABOUT me. If it makes you feel better to put me down or be mean to me, I hope you have an AWESOME day.

Edited February 9, 2011 by hopefulrv

[Froto]

TEED thank you so MUCH this is EXACTLY the response I was looking for.. I appreciate it.

It seems to be unanimous that there is in fact no such article, and this is purely speculative. I, however, think it is pure hype to drive dinar sales, or to clarify, it started as hype and is now mainly good intentioned people caught up in dinar fever creating their own conclusions. So far, even though I don't agree with their conclusions, it seems scooter and marcuscurtis don't just make stuff up. It would be nice if one of them bothered to follow the money trail of a hypothetical RV. To date, I have been able to point out a more reasonable way for Iraq or whoever to keep their money for themselves instead of putting it in my pocket.

Until then, let's just wait for the next big milestone.

Edited February 9, 2011 by Froto

[In Iraq]

it will RI, or RV...

These people r trying to get themselves together.

have patience or go invest elsewhere and get off these sites...

because u let people get u hype and then nothing happens then its all a scam or fake now.

buy gold, silver, or dinars...

have faith, speak RV

Don't know if the picture shown is you or not but where was it taken? Just curious, might have been there in the past.

[hopefulrv]

Froto thank you for being nice to me and not putting me down for asking. I really genuinely didnt know.

[Froto]

this is straight from the CBI!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

This is an old article but I thought it would be worth sharing to the Dv family also to some of the newbies. This caught my interest with this came out because it came straight from the CBI. This has been posted a while back but is worth a read. Enjoy.

http://www.edinarfin...&nm=&ny=&nn=622

December 07, 2010

The Chancellor and the economic expert for the appearance of Mohammed’s (morning): The budget deficit is similar to the deficit in the economic structure in general, what calls for attention to processes such as how things can reflect negatively on the economic process in Iraq completely,

The Cabinet has recently approved the general budget for Iraq for next year 2011, amounting to $ 83 billion, depending on the value of export of oil amounting to 2.25 million barrels per day and at a price of $ 73 per barrel, but the experts and specialists i...BLAH BLAH BLAH...as well as being an incubator is important for the financing of private traders who rely on the support of their projects financially through these auctions .. and Abizaid valid reference to that post the most prominent of the currency auction is to achieve economic stability, particularly the reduction of inflation rates, indicating that in addition to for exchange rate stability achieved by the exchange auctions, it is an important means able to achieve substantial financial reserves of Iraq amounted to $ 50 billion.(Source) Currency News

This DID NOT come straight from the CBI! Your post is the problem with people trying to get factual information. If you read what you posted, you will see bits of real stories and then speculative conclusions.

Follow your link, and then click on the ABOUT US tab:

"About eDinar Financial, a DTIF Inc Company.

eDinar Financial is the leader in providing Iraqi Currency/ Iraqi dinar at the best rates ever in the market today."

They are dealers, and are willing to sell you $110 worth of IQD for $375. I wonder what their motivation is?

[jola]

Hello All, I just had a question brought to my attention from the man I buy my house from.... and I didnt know!

Is there an ACTUAL article that states an RV will happen SOMEDAY? I mean as much as we think one should happen, I have yet to see ANY article or release saying that this is what IRAQ's intentions are. Please someone if you can guide me to find something/anything.. Thank you

GO RV!

Yes, there is.

The famous "3 zeros deletion" IS an RV.

Regardless of the way it is done , by LOP ( 1,000 dinars pre-rv = 1 dinar post-rv) , OR through removal of the 3 zeros denoms, it is an RV.

Anything that changes the value of the IQD against the USD and all the other currencies is an RV.

The first one implies that the EXTERNAL value of the IQD would be 0.86. For the Iraqis, that means more buying power, even though the value stays the same internally. In this case, OUR question is how are WE going to be paid up, because it takes a currency reprint. In this case, we make no money. It is an RV, but we don't make money.

The second one implies that it could be anything CBI/Shab considers viable on the markets. Here is where we hit the jackpot.

Is there anything in the works? Definitely. That's what we are waiting for: to see what it is, which way it goes.

Recent articles discussing the “dropping of the zero’s” from the Iraqi Dinar ( copied from newshound). Just search Google by the title, and you should be able to read them all.

* Finance: Delete the zeros of the local currency enhances the value of the Iraqi dinar in the International Monetary Fund

* CBI adviser: Dinar will rise against the dollar in the coming period

* Abrihi Ahmed Ali: Delete the zeros of the Iraqi currency

* Experts: Delete the zeros from the currency will raise the value, Lead to revaluation

* Shabibi and CBI advisors brief Iraqi parliament

* Parliament questions CBI over deleting zeros

* 6/29/06: Zubaidi says Iraqi Dinar Value should be Raised

* Delete the zeros of the Iraqi currency pending the formation of the government and the parliament’s decision

* Trade agreements, currency and its impact on Iraqi economy; Dropping Zeros

* Economic Expert: The process of deletion of zeros from the currency is an important step will lead to economic recovery

* Iraqi Stock Exchange is not afraid of a plan for the abolition of 3 zeros from the dinar

* Iraqi Finance: Deleting the zeros from the currency will strengthen the position of Iraq to the IMF

* Aljazeera: Call to delete the zeros of the Iraqi dinar

* Iraq: A Committee will be formed to achieve economic objectives i.e. Deletion of Zero’s

* The mission of the new Iraqi dinar is to raise the price in the currency market

* Crisis between the Iraqi economy, the fiscal deficit and inflation rate of 9 trillion dinars

* Iraqi Finance Ministry renews claim to raise zeros from dinar

* Central Bank of the Tigris Radio: No financial surplus we have to delete the zeros of the draft Strategy

* Repost Feb. 2010: Two currencies coexist together and gradual replacement Central Bank (time): Delete the zeros start end of the year

* Senior Economist: Change the currency will not change the value of purchasing news talking about the possibility to include the new currency of the Kurdish language

* Controversy over the deletion of zeros currency

* Central Bank: delete three zeros would require consultation with the next government

* Advisor to PM for Economic Affairs: Delete the zeros .. Do you revive Dinarena?

* Alsumaria Programming Reminder: Removing the Zeros

* Peace Sumaisem: introducing the subject of lifting the zeros from the Iraqi currency always coincide with political crises

The latest CBI news ( I will throw this in here , cause one of them regards a rumour, and ...whatever...LOL)

# President Talabani receives Central Bank Governor Sinan Al-Shabibi

31/1/2011 - THIS IS ABOUT CBI INDEPENDENCE, WHICH NOW IT IS SOLVED

# Baghdad Governor receives CBI Governor Al-Shabibi to discuss the future Iraqi Central Bank building

30/1/2011 - BY THE WAY , THIS BUSTS THE RUMOUR SAYING THAT CBI ALREADY MOVED INTO A NEW BUILDING - THE BUILDING IS SUPPOSED TO BE READY IN 3 YEARS FROM NOW

# Minister of Planning and CBI governor discuss boosting cooperation

26/1/2011- NORMAL, BUT WE ALSO KNOW THAT THE MINISTER OF PLANNING IS PLAYING WITH THE EXCHANGE RATES IN ITS FEASIBILITY REPORTS

http://www.cbi.iq/

-----------

Well, this is the way I see it. Please correct me if anything sounds funny.

Also, hopefulrv, I know you are looking for an article that says " the iraqi dinar will revalue".

I want you to look at the progression in the article titles in the list: it goes from "controversy", to "increase of the value on the currency market", then "economic recovery", then "lead to revaluation", then Boom - Parliament, IMF rate...you know what I am saying?? It is like ONE HUGE ARTICLE.

Edited February 9, 2011 by jola

[easyrider]

This DID NOT come straight from the CBI! Your post is the problem with people trying to get factual information. If you read what you posted, you will see bits of real stories and then speculative conclusions.

Follow your link, and then click on the ABOUT US tab:

"About eDinar Financial, a DTIF Inc Company.

eDinar Financial is the leader in providing Iraqi Currency/ Iraqi dinar at the best rates ever in the market today."

They are dealers, and are willing to sell you $110 worth of IQD for $375. I wonder what their motivation is?

thats one link there are a couple i cant find the original link but i rememebr reading it coming straight from Iraq believe me or not i really dont care sit back and enjoy.

[jola]

thats one link there are a couple i cant find the original link but i rememebr reading it coming straight from Iraq believe me or not i really dont care sit back and enjoy.

Yes, it is from Saleh - CBI.

eDInarFinancial does give the source ( currency-news.com), but the article has been on a lot of other news sites ( not only dealer sites).

PM: Iraqi dinar re-evaluation has to do with economic conditions

Article Link

PM: Iraqi dinar re-evaluation has to do with economic conditions

28 February 2010

Iraqi Prime Minister Nouri al-Maliki said on Sunday that the process to re-evaluate the Iraqi dinar has to do with economic conditions that have to be strengthened.

"The Iraqi dinar has all the reasons to grow stronger thanks to an increase in revenues and development of the economy," Maliki said in response to some questions through the National Information Center.

"The government would not rush matters but would rather work on finding all the guarantees to render this measure a success. The Central Bank of Iraq (CBI)Central Bank of Iraq (CBI)Loading... is currently entrusted with drawing up a study on the whole issue and would give its decision soon," said the Iraqi premier.

The Iraqi dinar's exchange rate is suffering from low value against foreign currencies as a result of decades of wars and economic embargo that brought the local currency's exchange rate to the rock bottom from three dinars per dollar in the late 1970s and 1980s to 3,000 dinars per dollar after the 1990 invasion of Kuwait, followed by a 13-year crippling sanctions regime.

The exchange rate fell even more after 2003 to reach 1170 dinars per dollar due to the CBI.'s policy of daily auction, in effect for more than five years now.

The policy was lambasted by several economists on the grounds that these auctions do not give the real value of the country's local currency.

Edited February 9, 2011 by jola

[On_Reserve]

HEY what is your problem. This is the question section and I had a question. OBVIOUSLY i wanted an answer thats why I asked DUHHHH!!!

I wasnt putting you or anyone else down, I was minding my own business and had a genuine question. The is Nothing disengenouus ABOUT me. If it makes you feel better to put me down or be mean to me, I hope you have an AWESOME day.

Since you asked ... this may be a bit harsh, but I believe it's warranted.

Hopefulrv, you have over 223 posts yet within 12 minutes of your original question, you post:

"Apparently we have 28 users and not a single one has the ANSWER... they are lurking in hopes to get it to (sic)! Well maybe the Dinar isnt what all these people are claiming... If NO ONE can show us that, then we know the DINAR REVALUE IS BS"

If you were listed as a Newbie, I could see how your impatience and lack of decorum might occur. Please be real: you were the one attacking. And please don't claim that you were joking as evidenced by your next post (7 minutes after the one listed above):

"People open your eyes lets realize this together... NO ONE NOT ANYONE in IRAQ has said there will be an RV.. Thats a hard fact to face... WOW all this time, I have been believing and hoping for NOTHING.. That sucks Im DEPPRESSED"

Five minutes later you write:

"48 LURKERS with nothing to say?? Comeon people this is OUR investment... you dont have ANYTHING to contribute??"

All of this from you, who later claimed that you had spent 50 hours reading about the dinar investment. Granted, my reaction was a bit sarcastic. But I stand by it. Because you give the appearance of knowledge, it is surprising that your questions are akin to watching the movie Wall Street and afterwords asking 'Who won the Super Bowl?' This is why I stated that it appears that there is more underlying your approach and your overall dialogue on this thread.

Please NOTE that there are "pinned" posts at the top of each category topic. If you were to read all of these, you would then have a thorough reference background.

You have an awesome day as well.

TS

I believe in the RV; I don't believe in the cult.

[Marquess]

Since you asked ... this may be a bit harsh, but I believe it's warranted.

Hopefulrv, you have over 223 posts yet within 12 minutes of your original question, you post:

"Apparently we have 28 users and not a single one has the ANSWER... they are lurking in hopes to get it to (sic)! Well maybe the Dinar isnt what all these people are claiming... If NO ONE can show us that, then we know the DINAR REVALUE IS BS"

If you were listed as a Newbie, I could see how your impatience and lack of decorum might occur. Please be real: you were the one attacking. And please don't claim that you were joking as evidenced by your next post (7 minutes after the one listed above):

"People open your eyes lets realize this together... NO ONE NOT ANYONE in IRAQ has said there will be an RV.. Thats a hard fact to face... WOW all this time, I have been believing and hoping for NOTHING.. That sucks Im DEPPRESSED"

Five minutes later you write:

"48 LURKERS with nothing to say?? Comeon people this is OUR investment... you dont have ANYTHING to contribute??"

All of this from you, who later claimed that you had spent 50 hours reading about the dinar investment. Granted, my reaction was a bit sarcastic. But I stand by it. Because you give the appearance of knowledge, it is surprising that your questions are akin to watching the movie Wall Street and afterwords asking 'Who won the Super Bowl?' This is why I stated that it appears that there is more underlying your approach and your overall dialogue on this thread.

Please NOTE that there are "pinned" posts at the top of each category topic. If you were to read all of these, you would then have a thorough reference background.

You have an awesome day as well.

TS

I believe in the RV; I don't believe in the cult.

A very professional/astute way of handling this. I give you a plus one.

Hopefulrv, I "lurked" on this thread for awhile wanting to see the responses because I honestly took your posts in the same way as On_Reserve. If I took it the wrong way, than I am sorry.

[quadraph0nic]

A country's currency is a promise to honor that what they issue....

That's actually serious when you think about it....

So that's what your speculating on in this investment....

You will know at BEST what they are going to do......when legislation is passed to make a change to the dinar by parliament and they announce it as offical.

But where is the article that says they will do it??? oh....

But let me ask, do you really need one? Do you need it spelled out for you? Do you think Iraq is going to just remain in this state forever? Oh, the U.S. did all this for nothing?

So anyway if you can't handle that....well I'm glad I'm not you! No offense

Btw, if you want to add to your 50 hours of reading and if u havent already, u should check this out!!

YEAH DUDE GO RV!! WHOO HOOO!!

[Froto]

Yes, it is from Saleh - CBI.

eDInarFinancial does give the source ( currency-news.com), but the article has been on a lot of other news sites ( not only dealer sites).

PM: Iraqi dinar re-evaluation has to do with economic conditions

Article Link

PM: Iraqi dinar re-evaluation has to do with economic conditions

28 February 2010

Iraqi Prime Minister Nouri al-Maliki said on Sunday that the process to re-evaluate the Iraqi dinar has to do with economic conditions that have to be strengthened.

"The Iraqi dinar has all the reasons to grow stronger thanks to an increase in revenues and development of the economy," Maliki said in response to some questions through the National Information Center.

"The government would not rush matters but would rather work on finding all the guarantees to render this measure a success. The Central Bank of Iraq (CBI)Central Bank of Iraq (CBI)Loading... is currently entrusted with drawing up a study on the whole issue and would give its decision soon," said the Iraqi premier.

The Iraqi dinar's exchange rate is suffering from low value against foreign currencies as a result of decades of wars and economic embargo that brought the local currency's exchange rate to the rock bottom from three dinars per dollar in the late 1970s and 1980s to 3,000 dinars per dollar after the 1990 invasion of Kuwait, followed by a 13-year crippling sanctions regime.

The exchange rate fell even more after 2003 to reach 1170 dinars per dollar due to the CBI.'s policy of daily auction, in effect for more than five years now.

The policy was lambasted by several economists on the grounds that these auctions do not give the real value of the country's local currency.

First, the article you link to is completely different from the OP's article that you are defending as coming from the CBI.

Second, the article you link to does not come from the CBI, nor does it even quote anybody from the CBI.

All I stated was that it was not an article from the CBI, and I am right.

Third, do not confuse re-evaluation and re-value.

A cold hard fact is in your article: "The Iraqi dinar's exchange rate is suffering from low value against foreign currencies as a result of decades of wars and economic embargo that brought the local currency's exchange rate to the rock bottom from three dinars per dollar in the late 1970s and 1980s to 3,000 dinars per dollar after the 1990 invasion of Kuwait, followed by a 13-year crippling sanctions regime."

Some may think that the "result of decades of wars and economic embargo" and "13-year crippling sanctions regime." can be solved by simply saying "The IQD is now worth $1". I don't think that is how it works.

[LOJACK]

Actually I remember seeing an official document years ago that had to do with the planning stages for the aftermath of the war (reconstruction) and their desired outcome. One of the things it said was that they wanted to bring it back to the rate that it was before the Sadam Regime and even went as far as listing a rate of 3 something. You may want to look through some of the other forums archives or ask some of their members (If there are any left) about that document. Actually that document was the best thing I have/had ever seen in reguards to our investment and is the biggest reason I have held on to my Dinars for many years now.

Lojack

[meatmen4dinar]

Common sense tells me that if Iraq wishes to join the international community, they have NO CHOICE, they have to have an internationally recognized currency. It has been stated many times that this is THEIR wish.

[MrRich]

Here's my take on the question. Nowhere has the CBI come right out and said "we are going to revalue the dinar". So the answer is no. The people who buy dinars don't do so because any GOI or CBI official has made a public declaration that this is what they're going to do. They do it because of all the indicators of what their intentions are. It's like speculation in the stock market or real estate. In May of 1965 Walt Disney secretly bought a lot of real estate in central Florida. When certain speculators got wind of what was happening through contacts within the local govt, business community, realtors .... etc. they started buying property there too realizing what was about to happen. Disney didn't announce his plans for Disney World until November of 1965. At that point real estate values in the area went through the roof. Was that the time to buy, or was the time to buy between May and November when no official announcement had been made yet? Just my 23 dinars worth.

[jola]

First, the article you link to is completely different from the OP's article that you are defending as coming from the CBI.

Second, the article you link to does not come from the CBI, nor does it even quote anybody from the CBI.

All I stated was that it was not an article from the CBI, and I am right.

Third, do not confuse re-evaluation and re-value.

A cold hard fact is in your article: "The Iraqi dinar's exchange rate is suffering from low value against foreign currencies as a result of decades of wars and economic embargo that brought the local currency's exchange rate to the rock bottom from three dinars per dollar in the late 1970s and 1980s to 3,000 dinars per dollar after the 1990 invasion of Kuwait, followed by a 13-year crippling sanctions regime."

Some may think that the "result of decades of wars and economic embargo" and "13-year crippling sanctions regime." can be solved by simply saying "The IQD is now worth $1". I don't think that is how it works.

First, yes, you were wrong. The article - as easyrider said - is coming from CBI/Saleh.

The title of the article is "CBI adviser: Dinar will rise against the dollar in the coming period"

I know that AlSabah published it. I can't give you the link, because they took it off the Alsabah site. But it is what Saleh said.

Second, in the article that I pasted Maliki DESCRIBES a revaluation, With this one I was trying to help hopefulrv, give her a little hope. It had nothing to do with my comment on the Saleh article. I don't care which way you want to read it, it says "re-evaluate".

The definition of revaluation:

Revaluation means a rise of a price of goods or products. This term is specially used as revaluation of a currency, where it means a rise of currency to the relation with a foreign currency in a fixed exchange rate. In floating exchange rate correct term would be appreciation. The antonym of revaluation is devaluation. Altering the face value of a currency without changing its foreign exchange rate is a redenomination, not a revaluation.

In general terms Revaluation means a calculated adjustment to a country's official exchange rate relative to a chosen baseline. The baseline can be anything from wage rates to the price of gold to a foreign currency. In a fixed exchange rate regime, only a decision by a country's government (i.e. central bank) can alter the official value of the currency. Contrast to "devaluation".

Maliki says :

Iraqi Prime Minister Nouri al-Maliki said on Sunday that the process to re-evaluate the Iraqi dinar has to do with economic conditions that have to be strengthened.

That's his baseline.

Third and last

re·val·ue

   /riˈvælyu/ Show Spelled[ree-val-yoo] Show IPA

–verb (used with object), -ued, -u·ing.

1.

to revise or reestimate the value of: efforts to revalue the dollar.

2.

to value again.

Origin:

1605–15; re- + value

elated Words for : revalue

appreciate, apprise, apprize

--------------------------------------------

Now

re-evaluation

Word Origin & History

evaluation

1755, from Fr. evaluation , from evaluer "to find the value of," from ex- "out" + value (see value).

There is no difference. But thanks for the lesson.

[pspencer]

To All..

This is not my first post, but it is my first time to give my opinion... I have very much appreciated this site and have used it to both learn and to get many questions answered from all of you fine people.... That being said... Here is what I have to say... Not concerning this topic... but concerning the tone in which this thread has progressed...

Wow, good information from all any way you look at this post, but can't we all try to put our comments and thoughts out in an "honoring way" instead of trying to stir up dust with our caustic words and one-upsmanship.....

We are all in this together.... Can't we try to take the high road and be friends?

Again... Thanks to all

Paul Spencer

[Manhattan]

Here's my take on the question. Nowhere has the CBI come right out and said "we are going to revalue the dinar". So the answer is no. The people who buy dinars don't do so because any GOI or CBI official has made a public declaration that this is what they're going to do. They do it because of all the indicators of what their intentions are. It's like speculation in the stock market or real estate. In May of 1965 Walt Disney secretly bought a lot of real estate in central Florida. When certain speculators got wind of what was happening through contacts within the local govt, business community, realtors .... etc. they started buying property there too realizing what was about to happen. Disney didn't announce his plans for Disney World until November of 1965. At that point real estate values in the area went through the roof. Was that the time to buy, or was the time to buy between May and November when no official announcement had been made yet? Just my 23 dinars worth.

Well said.

[jrcrna]

Thank you very much but AGAIN these are coming from JOE BLOW posts... how about something from IRAQ??? How about something in a US paper ANything anything at all

The RABBIT HOLE has TERRY K's Name on it.. Apparently there is No NEWS ARTICLES.

People open your eyes lets realize this together... NO ONE NOT ANYONE in IRAQ has said there will be an RV.. Thats a hard fact to face... WOW all this time, I have been believing and hoping for NOTHING.. That sucks

Im DEPPRESSED

hopeful, go to the cbi website, under ministry of planning, there is a number there that they have used for their calculations, and it is way more than .008$. Not an article but it is from their own Ministry of Planning. jr

[truckerron49]

THANKS FROTO.. As for YOU JURY I can handle my own investment thank you very much. Why is it whenever someone DOUBTs something they are naysayers? You worry about your investment I will do the same.. I DO BELIEVE I posted this in QUESTIONS

thanks for your input... YOU MISSED my question.. yes, I have DONE my homework, yes I have reada, HOWEVER my question is WHERE did someone come up with the idea this is GOING to happen. I wasnt asking for guarantees. I was simply stating this INFO has to have been derived from SOMETHING. I AM A GAMBLER I LOVE to TAKE CHANCES. I was just CURIOUS

Then you should be thrilled, not confused and depressed. Be the gambler that you claim to be. . The real answer is in the History books. This is a happening that always follows a war. The time lines may be different, the circumstances may be different, but this is what happens. AND, the U.S. has never left a war as the winner and not helped that country to succeed. Again, it is just history. .

[Carrello]

Hopefulfv, you have a lot of people trying to answer your questions. You are getting a lot of support and these people are being very kind to you.

But your attitude is amazing. You are DEMANDING information and then chastising members because no one is willing to give up an answer. Maybe it is your attitude.

Why would you be looking for an answer as important as the validity of an RV from a bunch of strangers? As important as your question was, would you not want to research the answer for yourself? And you should have anyway. Yes, it is the questions forum, but you need to help yourself as well. And frankly, after 50 hours of reading (which, in this investment, is not that much) you should have had the answer yourself. When was the last time you shared information that you had mined? I thought so. I get the picture.

This reminds me of a South Park episode where Paris Hilton's dog shot itself in the back of a limo because he just could not take the spoiled, demanding brat anymore.

Good night Paris....