Not a rumor.........

[pbraly]

From: http://www.howstuffworks.com/framed....?post_id=00565 search Iraq MO

These are the top four countries with the most currency's in circulation and their rates USD

Japan 72,1 Trillion in circ Rate 0.013 USD ( THIS IS THE ONLY EXCEPTION AT A PENNY BUT ITS JAPAN)

Iran 69,9 Trillion in circ Rate 0.00010 USD

Columbia 20,7 Trillion in circ Rate 00042 USD

Iraq 16,4 Trillion in circ Rate 0.00082 USD

CBI is auctioning off more everyday

Now compare apples to ???? Countries with similar resources

Venezuela 15 Billion circ Rate .46 USD they have oil

Saudi 81 Billion circ Rate .26 USD " "

Kuwait 723 Million circ Rate 3.68 USD " "

Notice that the top are in trillions and bottom is billions and millions

Scenario #1

Now take 16,491,000,000 (NID) divided by 723,000,000 (KD) gives you 22.8

Take the 22.8 and divide it by $3.68 (K Rate) give us .161 USD

Scenario #2

Take Japans circulation of 72,100,000,000 and divide it by NID 16,491,000,000 = 4.372 X .013 (Japans rate) = .0568 USD

The above models are from countries that are in full production, so once Iraq is in full production, you may be able to expect a rate between .05 and .16 USD.

Look at Saudi, 81 billion in circ and a rate of .26 USD = Hello

Now IMO,

We will not see a rv/ri for a very long time and if we do it will be at a very low rate. But hey, buy some more dinars, because they will print more, and we can get that rate down around .0003456

P.B.

[baw64]

I agree...the argument about Iraq having so much oil, so it has to rv has never been relevant, although it would play a part. I still think it will rise in value over time, maybe.

[chicpad]

What do you define as a long time, days, weeks, months, years? Do you not think that joining the WTO or the GCC come into the equasion. They cannot become a member of either of these without a R.V.

[pbraly]

What do you define as a long time, days, weeks, months, years? Do you not think that joining the WTO or the GCC come into the equasion. They cannot become a member of either of these without a R.V.

Long time if no "L" occurs can be somewhere between Feb, 2010 and 2013

I'm not saying never...It is like we are playing poker and have 2 good cards and need three more....1 the elections,2 HCL and 3 Investors ( in the country not the currency), after that we may have a shot at a dime or so.....

This is JMO

Hope I am wrong

P.B.