Why you wont see a 3 dollar RV.....

[AudiS4]

Well the way I see it, IF it was to go to $3.00+, it would be in steps of 6+ months. Why? Because if they went straight to $3, then everyone in Iraq would be LOADED. If we assume the average is somewhere between 1,000,000 and 2,000,000 dinar per family, with a median of... let's say... 200,000 dinar... then half the people in Iraq would now have $600,000 or MORE to spend on houses, lambo's, jag's, boats (wait, no boats), etc. I have a hard time believing it would jump to that out of the gate (even taking the amount in circulation aside). If they did small jumps... $.10 today, $.30 in october, $.75 in feb 2012, $1.50 in oct 2012... then maybe hold off there for a few years, then bring it up once more. The steps would allow time for the economy to settle (salaries adjusted, prices at the supermarket updated, housing prices, etc). All this time, the CBI is taking currency out of circulation to better align it with the 27 Billion from 2 decades ago. Yes, people would still make good money, but EVERYONE wouldn't become overnight multi millionaires.

[JuryPicker]

No problem bro.....still working on getting those documents from the MOP and MOF that show exactly how much and where that currency is......might take me a little to find it again but I will post it.....as for now my lunch break is over back to playing with my fav toys.....

You say back to playing with your fav toys, what exactly do you do for a living? You speak with such authority, I would like to know. And before you ask, i'm a swing trader. Thanks

[Flash101]

Well the way I see it, IF it was to go to $3.00+, it would be in steps of 6+ months. Why? Because if they went straight to $3, then everyone in Iraq would be LOADED. If we assume the average is somewhere between 1,000,000 and 2,000,000 dinar per family, with a median of... let's say... 200,000 dinar... then half the people in Iraq would now have $600,000 or MORE to spend on houses, lambo's, jag's, boats (wait, no boats), etc. I have a hard time believing it would jump to that out of the gate (even taking the amount in circulation aside). If they did small jumps... $.10 today, $.30 in october, $.75 in feb 2012, $1.50 in oct 2012... then maybe hold off there for a few years, then bring it up once more. The steps would allow time for the economy to settle (salaries adjusted, prices at the supermarket updated, housing prices, etc). All this time, the CBI is taking currency out of circulation to better align it with the 27 Billion from 2 decades ago. Yes, people would still make good money, but EVERYONE wouldn't become overnight multi millionaires.

Good Thought I Like it This makes sense Thnx

[JuryPicker]

Well the way I see it, IF it was to go to $3.00+, it would be in steps of 6+ months. Why? Because if they went straight to $3, then everyone in Iraq would be LOADED. If we assume the average is somewhere between 1,000,000 and 2,000,000 dinar per family, with a median of... let's say... 200,000 dinar... then half the people in Iraq would now have $600,000 or MORE to spend on houses, lambo's, jag's, boats (wait, no boats), etc. I have a hard time believing it would jump to that out of the gate (even taking the amount in circulation aside). If they did small jumps... $.10 today, $.30 in october, $.75 in feb 2012, $1.50 in oct 2012... then maybe hold off there for a few years, then bring it up once more. The steps would allow time for the economy to settle (salaries adjusted, prices at the supermarket updated, housing prices, etc). All this time, the CBI is taking currency out of circulation to better align it with the 27 Billion from 2 decades ago. Yes, people would still make good money, but EVERYONE wouldn't become overnight multi millionaires.

I always thought the Iraqi Gov would phase out cash transactions with smart card type payment systems. Bring your cash in and we'll load XXX on them to spend. Oil sharing revenues would be put on the cards the same as employment pay. Pretty easy way to get the hard currency in. And the dinar would only be worth 3+ out of country. 25,000 dinars will still be 25,000 dinars, face value in Iraq. I wouldn't doubt for a minute they would leave the price structure in Iraq the same for the citizens for a few years. The Iraqi people will get screwed for sure. They don't care. JMO

[Flash101]

I always thought the Iraqi Gov would phase out cash transactions with smart card type payment systems. Bring your cash in and we'll load XXX on them to spend. Oil sharing revenues would be put on the cards the same as employment pay. Pretty easy way to get the hard currency in. And the dinar would only be worth 3+ out of country. 25,000 dinars will still be 25,000 dinars, face value in Iraq. I wouldn't doubt for a minute they would leave the price structure in Iraq the same for the citizens for a few years. The Iraqi people will get screwed for sure. They don't care. JMO

Sounds like the beginning of one world currency does'nt it.

[tjmunson]

Your statements are both illogical and arrogant. You speak as if you have all the answers. Sorry, bro, you don't. You're missing the big picture in regards to the major players involved here (US, China, UK) who posses the majority of the IQD in circulation. They will not be cashing in their portions. they will be using it solely for direct oil purchases from Iraq. As a result there is absolutely no liquidity issue. They could RV much higher that 1 for 1 and have plenty to cover the spread. My advice to you is do more research. Starting with the IRAQ MOF paper that shows in 2009 they can handle $1.13. or the UN/ IMF paper from 2003 that shows parts of the plan including RI'ing it back to $3.22. Once you do more reading and better understand the climate in regards to this investment come back and retract this uneducated hypothesis.

Peace.

[Flash101]

Your statements are both illogical and arrogant. You speak as if you have all the answers. Sorry, bro, you don't. You're missing the big picture in regards to the major players involved here (US, China, UK) who posses the majority of the IQD in circulation. They will not be cashing in their portions. they will be using it solely for direct oil purchases from Iraq. As a result there is absolutely no liquidity issue. They could RV much higher that 1 for 1 and have plenty to cover the spread. My advice to you is do more research. Starting with the IRAQ MOF paper that shows in 2009 they can handle $1.13. or the UN/ IMF paper from 2003 that shows parts of the plan including RI'ing it back to $3.22. Once you do more reading and better understand the climate in regards to this investment come back and retract this uneducated hypothesis.

Peace.

$.0015 USD is a more real return than $.015, $.15 or $1.5.

[teresa43]

PHYSICAL CURRENCY IN CIRCULATION!!! For those that cant face the facts or the reality of things you might want to hit the back button because you will certainly not be able to comprehend what is about to be said about our investment in the dinar. It seems alot of people get carried away with the rediculous predictions that Iraq will RV back to anywhere close to what it was in the 80's to begin with, or even more like around Kuwait's rate. Well I hate to break it to you but thats impossible right now. There is no way in hell (sorry for being so blunt) that we will see that anytime soon and thats for one reason alone......PHYSICAL CURRENCY IN CIRCULATION......You can all easily look up these numbers yourself from the MOF and MOP and the graphs will clearly show you that Iraq does have about 27 trillion in PHYSICAL currency out in circulation. There is only a very small percentage of this that is actually in the banks in electronic form so for those that scream they can do it because of fractional banking, that does not apply here. I invite you all to look up the amount of currency in circulation for some of the biggest countries in the world or some of the ones with the largest exchange rate IE Kuwait, and you will see how little they actually have in physical currency. Now Im not talking about the M2 numbers because those combine physical currency and also electronic and other forms.

For those of you who wanna say "well they removed 70-80% of the currency last year".....NOPE!! They removed EXCESS LIQUIDITY.........NOT physical currency in circulation.....that was just another article that came out, spinned around by the many gurus to mean that they cut down the currency in circulation so that they have a more managable amount to deal with. And as a matter of fact, that "excess liquidity" was only funneled back into the banks for loans, financing, and things of that nature....so nothing was removed at all. Even if they RV'd right out the gate at 50 cents, that would mean they had a total value of 14 trillion dollars!!! And again if you research the valued amount of the major currencies in the world they have but a VERY SMALL fraction of that. So you cant sit here and tell me that a small ass country like Iraq with a population of only 30 million people will have 4 or more times the amount of currency then countries with more then 300 million people. Its just not possible or even feasible.

Stop listening to these garbage arse "gurus" speaking of high rates every week cause its NOT happening. I want this RV to happen as much as the next guy but lets be real....lets be honest with ourselves......to even see 10 cents will be a blessing!!! Until they can get the vast majority of these bills recovered, they CANT come out high....its just not possible.....and for those that say "well if Iraq comes out too low, the big fish will eat them alive".......WRONG!!! The dinar is almost at its lowest point right now......the big fish buy at its lowest, and sell high.....NOW is the time to buy....right NOW we have the most purchased.....would any of you have as much dinar as you do now if it was even 10 cents to the dollar?? I know I wouldnt.....and to think that big firms would throw hundreds of millions of dollars on a whim or just a chance that the dinar MIGHT get back to 3 dollars is just rediculous....they would much more be willing to invest in the country itself by opening locations or businesses or other things....not just buying the currency.....there is no way in hell that ANYONE would buy up Iraq just because their currency appreciated in value by a little bit.....not to mention as soon as they issued a newer currency, most citizens would start exchanging their bills immediately, cutting the amount in circulation BIG TIME......and Im sure thats what they want either way....but until they can get 70 to 80 percent of that or more turned into electronic funds, there is no way they can RV anywhere near one dollar.......

Call me negative all you want ladies and gents, but I prefer to look at the reality of things, rather then living my life up in the clouds thinking im about to hit the lotto and be a millionare overnight......the majority of the closing of the gap between the USD and the dinar, like it or not, will be from the USD dropping in value.....im not saying the USD has to fail for us to make a big profit, all Im saying is that Iraq can only raise the value so much with the amount of currency in circulation and the falling of value in the USD will only help us make more off this investment. So when you hear these rumors and people speaking of hearing rates above 2 and 3 dollars, your BS meter should be pinging out and setting the big doo doo alert cause its just not possible at this point in time.......STAY THIRSTY MY FRIENDS......

you said they need to 14 trillion dollars, Irag is the #2 largest oil reserve holder in the world, i am telling you , I bet they already have 14 TRILLION dollars. they can RV if they want to, i think they are playing a waiting game to see what Japan out come will be .

[harry2299]

Your statements are both illogical and arrogant. You speak as if you have all the answers. Sorry, bro, you don't. You're missing the big picture in regards to the major players involved here (US, China, UK) who posses the majority of the IQD in circulation. They will not be cashing in their portions. they will be using it solely for direct oil purchases from Iraq. As a result there is absolutely no liquidity issue. They could RV much higher that 1 for 1 and have plenty to cover the spread. My advice to you is do more research. Starting with the IRAQ MOF paper that shows in 2009 they can handle $1.13. or the UN/ IMF paper from 2003 that shows parts of the plan including RI'ing it back to $3.22. Once you do more reading and better understand the climate in regards to this investment come back and retract this uneducated hypothesis.

Peace.

Well Keepm, looks like a chess game, lol....Check bro.

[Spoolin]

This is what cracks me up.......as soon as some one throws out numbers that make a high RV seem not such a real possibility and that can be verified through news articles and even the CBI and MOF websites, everyone bashes, saying prove it prove it. But those same people are willing to take hearsay, pure pumper bs and everyone elses opinion as a more real possibilty because that is what they want to hear.

The 27 trillion in circulation is a verifiable fact through the CBI and MOF......and it's been printed on this site many times in the past, even by the gurus. No, I'm not gonna tell you where to find it, do your own research.

As for the 3 trillion held by speculators, you're right, that is just a guestimate which also has been made in the past on this site and others many times in the past. It does not have to be exact while trying to understand the magnitude of what Keep was saying.

Even at only 1 trillion dinar....that's still an increase to the world money supply overnight of 2 trillion 999 billion dollars US if it RV's at $3. Do you have any idea what that is compared to the value of the current world's money value in circulation? Probably not....that's what you should be reseaching along with this fractional banking fairy tale we are being told. But no.....everyone would rather just take what is being said at face value because we want it to be so

Mind you , I'm not saying it won't RV....I just agree with KEEP in that it will RV at less than a dollar...and by the way......Adam has said he believes the realistic range for RV is somewhere in the $0.15 to $1.15 range....i may be off a few pennies, but not many.

Like I have said previously....Please show us where it says "as of March 2011" 27 trillion dinar are in circulation. When researching, everything I find has those numbers from back in 2009-2010. If you cant show the proof of the MOF or CBI stating that "as of March 2011" there are 27 trillion dinar in circulation, then you have no basis to state your claims. You are basing numbers off of 2009-2010 data. How do we know that they havent pulled 30-50% of that back already?

[In Iraq]

What about the rate pre-saddam? Mid 3's . That is reality

Is this the same rate you are talking about that Saddam set and no one else recognized worlwide? Since you are a swing trader I am interested in your thoughts of what will happen with this speculative investment. I welcome any information from anyone especially if you have experience in these matters. Thanks.

[Spoolin]

Or even pulled back 75%?

Is this the same rate you are talking about that Saddam set and no one else recognized worlwide? Since you are a swing trader I am interested in your thoughts of what will happen with this speculative investment. I welcome any information from anyone especially if you have experience in these matters. Thanks.

No, the rate was in the $3-$4 range until 1988.

Edited March 16, 2011 by Spoolin

[Spoolin]

The Iraqi dinar has been Iraq's official currency from 1932 to the present. The currency enjoyed a large measure of stability until the late 1980s and the Gulf War, when its value began to weaken significantly. Today, as Iraq's infrastructure is steadily rebuilding and the hopeful prospect of stability looms ahead, some see the Iraqi dinar as a good investment opportunity.

Creation & Coupling with the Pound

The Iraqi dinar (ID) was first created in 1932 when the British Mandate ended, replacing the widely used Indian Rupee. For its first 17 years, the currency was linked to the British Pound, with one unit exchanging for 4.86 U.S. dollars. In 1949, the currency was devalued, each unit slipping to US$2.80, an exchange rate that lasted until 1971.

Post-Independence

The Iraqi dinar finally broke from the British Pound in 1959 when the nation became independent, but the currency remained equal to the pound until the latter's devaluation in 1967. The Iraqi dinar continued to equal US$2.80 until 1971. As the dollar depreciated in that year and in 1973, the Iraqi dinar's official exchange value grew to US$3.93 and remained somewhat steady until 1988, when the official exchange rate was 1ID:US$3.22. However, by 1989, the exchange was reported to be much higher (1.86ID:US$1) according to the black market rate.

Read more: The History of the Iraqi Dinar | eHow.com http://www.ehow.com/about_5418918_history-iraqi-dinar.html#ixzz1GnQsugW8

[JuryPicker]

Is this the same rate you are talking about that Saddam set and no one else recognized worlwide? Since you are a swing trader I am interested in your thoughts of what will happen with this speculative investment. I welcome any information from anyone especially if you have experience in these matters. Thanks.

Thanks Spoolin for answering that. I backgrounded this crap a month before I put up a penny. I swing trade stocks. I seriously doubt I'll ever be a big currency trader. This investment is in uncharted waters. It'll probably be the only kind you'll ever see like this. What I think will happen is we'll get a fair to good return……or I would sell my wad tomorrow.

[In Iraq]

Thanks Spoolin for answering that. I backgrounded this crap a month before I put up a penny. I swing trade stocks. I seriously doubt I'll ever be a big currency trader. This investment is in uncharted waters. It'll probably be the only kind you'll ever see like this. What I think will happen is we'll get a fair to good return……or I would sell my wad tomorrow.

Thanks for your input. I was always under the impression that Saddam set the 3+ rate on the dinar himself because he was in debt due to the Iraq/Iran war in the 80s. But I am no expert, I just dabble in this like the majority. What I have invested I am willing to lose without regret.

The Iraqi dinar has been Iraq's official currency from 1932 to the present. The currency enjoyed a large measure of stability until the late 1980s and the Gulf War, when its value began to weaken significantly. Today, as Iraq's infrastructure is steadily rebuilding and the hopeful prospect of stability looms ahead, some see the Iraqi dinar as a good investment opportunity.

Creation & Coupling with the Pound

The Iraqi dinar (ID) was first created in 1932 when the British Mandate ended, replacing the widely used Indian Rupee. For its first 17 years, the currency was linked to the British Pound, with one unit exchanging for 4.86 U.S. dollars. In 1949, the currency was devalued, each unit slipping to US$2.80, an exchange rate that lasted until 1971.

Post-Independence

The Iraqi dinar finally broke from the British Pound in 1959 when the nation became independent, but the currency remained equal to the pound until the latter's devaluation in 1967. The Iraqi dinar continued to equal US$2.80 until 1971. As the dollar depreciated in that year and in 1973, the Iraqi dinar's official exchange value grew to US$3.93 and remained somewhat steady until 1988, when the official exchange rate was 1ID:US$3.22. However, by 1989, the exchange was reported to be much higher (1.86ID:US$1) according to the black market rate.

Read more: The History of the Iraqi Dinar | eHow.com http://www.ehow.com/about_5418918_history-iraqi-dinar.html#ixzz1GnQsugW8

Thanks for the input.

Edited March 16, 2011 by In Iraq

[keepmwlknfny]

Your statements are both illogical and arrogant. You speak as if you have all the answers. Sorry, bro, you don't. You're missing the big picture in regards to the major players involved here (US, China, UK) who posses the majority of the IQD in circulation. They will not be cashing in their portions. they will be using it solely for direct oil purchases from Iraq. As a result there is absolutely no liquidity issue. They could RV much higher that 1 for 1 and have plenty to cover the spread. My advice to you is do more research. Starting with the IRAQ MOF paper that shows in 2009 they can handle $1.13. or the UN/ IMF paper from 2003 that shows parts of the plan including RI'ing it back to $3.22. Once you do more reading and better understand the climate in regards to this investment come back and retract this uneducated hypothesis.

Peace.

LOL show me where any of those countries hold mass amounts of IDQ and we will talk (besides the DFI funds we are holding because that isent ours to begin with).........not gibberish assumptions from the many gurus or people just assuming every country has dinar......Ive done more research then you know.....even reading those MOF documents and the "Future Plans for Iraq"...... I was once on the same train of thought you are right now....until I dug deeper and realized whats real and whats fantasy.......Im not pretending to have all the answers cause I dont No one does....Im simply stating that they cant RV high at this point in time because of the PHYSICAL money supply.....thats the topic at hand here.....when you can show me evidence of any of these other countries holding "the majority" of IDQ in circulation, then you can step back up to the podeum and speak......its funny how you think these other countries can hold the majority when 90% of the dinar in PHYSICAL circulation is in country......Now Im no genius in math but Im pretty sure that 10% isent a majority....but thats just me....maybe I learned my numbers wrong in kindergarten.......

Like I have said previously....Please show us where it says "as of March 2011" 27 trillion dinar are in circulation. When researching, everything I find has those numbers from back in 2009-2010. If you cant show the proof of the MOF or CBI stating that "as of March 2011" there are 27 trillion dinar in circulation, then you have no basis to state your claims. You are basing numbers off of 2009-2010 data. How do we know that they havent pulled 30-50% of that back already?

Look I know it might be hard to believe, and that it would mean your dreams of being a millionare overnight were dashed but do you really think within a matter of a couple months that currency off the streets just disapeared? Its not that easy to make trillions or like you say maybe even 14 trillion vanish and magically destroyed.......especially when its in the hands of the people......

[BJinMontreal]

.......Im not pretending to have all the answers cause I dont No one does....

REALLY ?!?! Sure sounds like you think you do !!!!

[Flash101]

LOL show me where any of those countries hold mass amounts of IDQ and we will talk (besides the DFI funds we are holding because that isent ours to begin with).........not gibberish assumptions from the many gurus or people just assuming every country has dinar......Ive done more research then you know.....even reading those MOF documents and the "Future Plans for Iraq"...... I was once on the same train of thought you are right now....until I dug deeper and realized whats real and whats fantasy.......Im not pretending to have all the answers cause I dont No one does....Im simply stating that they cant RV high at this point in time because of the PHYSICAL money supply.....thats the topic at hand here.....when you can show me evidence of any of these other countries holding "the majority" of IDQ in circulation, then you can step back up to the podeum and speak......its funny how you think these other countries can hold the majority when 90% of the dinar in PHYSICAL circulation is in country......Now Im no genius in math but Im pretty sure that 10% isent a majority....but thats just me....maybe I learned my numbers wrong in kindergarten.......

Look I know it might be hard to believe, and that it would mean your dreams of being a millionare overnight were dashed but do you really think within a matter of a couple months that currency off the streets just disapeared? Its not that easy to make trillions or like you say maybe even 14 trillion vanish and magically destroyed.......especially when its in the hands of the people......

DIDO

[harry2299]

LOL show me where any of those countries hold mass amounts of IDQ and we will talk (besides the DFI funds we are holding because that isent ours to begin with).........not gibberish assumptions from the many gurus or people just assuming every country has dinar......Ive done more research then you know.....even reading those MOF documents and the "Future Plans for Iraq"...... I was once on the same train of thought you are right now....until I dug deeper and realized whats real and whats fantasy.......Im not pretending to have all the answers cause I dont No one does....Im simply stating that they cant RV high at this point in time because of the PHYSICAL money supply.....thats the topic at hand here.....when you can show me evidence of any of these other countries holding "the majority" of IDQ in circulation, then you can step back up to the podeum and speak......its funny how you think these other countries can hold the majority when 90% of the dinar in PHYSICAL circulation is in country......Now Im no genius in math but Im pretty sure that 10% isent a majority....but thats just me....maybe I learned my numbers wrong in kindergarten.......

zzzzzzzzz..?

Look I know it might be hard to believe, and that it would mean your dreams of being a millionare overnight were dashed but do you really think within a matter of a couple months that currency off the streets just disapeared? Its not that easy to make trillions or like you say maybe even 14 trillion vanish and magically destroyed.......especially when its in the hands of the people......

[JuryPicker]

LOL show me where any of those countries hold mass amounts of IDQ and we will talk (besides the DFI funds we are holding because that isent ours to begin with).........not gibberish assumptions from the many gurus or people just assuming every country has dinar......Ive done more research then you know.....even reading those MOF documents and the "Future Plans for Iraq"...... I was once on the same train of thought you are right now....until I dug deeper and realized whats real and whats fantasy.......Im not pretending to have all the answers cause I dont No one does....Im simply stating that they cant RV high at this point in time because of the PHYSICAL money supply.....thats the topic at hand here.....when you can show me evidence of any of these other countries holding "the majority" of IDQ in circulation, then you can step back up to the podeum and speak......its funny how you think these other countries can hold the majority when 90% of the dinar in PHYSICAL circulation is in country......Now Im no genius in math but Im pretty sure that 10% isent a majority....but thats just me....maybe I learned my numbers wrong in kindergarten.......

Look I know it might be hard to believe, and that it would mean your dreams of being a millionare overnight were dashed but do you really think within a matter of a couple months that currency off the streets just disapeared? Its not that easy to make trillions or like you say maybe even 14 trillion vanish and magically destroyed.......especially when its in the hands of the people......

I will end my posting on this subject with this………I will never ever take financial advice from anyone that starts a sentence with LOL. No offense . Out

[caz1104]

Folks no need to get overly worked up,this is just his opinions based on his understanding of research he's done. He's entitled to his opinions just as you. If you don't agree thats cool,just move on. But as we all should know by now NO ONE knows when,what,&where this RV will happen except for a chosen few. None of which will be found here or any other website. IMO take in any & all info thats available and make up your own mind. Don't let anyone tell you who not to listen too or what not to read. This is your investment not anyone else's..............................................................................GO RV 2011 BABY!!!!!!

[Bumper64]

Good Thread Everyone!!!

Outside of a couple silly post, this is a great 11 page debate without 1 person bashing or needing to be banned!!

This is the way all threads should be handled by the members of DV!!

WELL DONE ALL!!!

[keepmwlknfny]

I will end my posting on this subject with this………I will never ever take financial advice from anyone that starts a sentence with LOL. No offense . Out

So I'm giving financial advice now? Hahaha where was I when this happened?

[Blue-Duck]

You at it again, Keep, you got everyone in such an uproar because the 10th page and counting!

And on a serious note, I've always believed in a slow growth but people don't want to hear that and for the last three years there has been a no growth with the Iraqi Dinar. But oh well, I'm on this ride until the end. The only thing is I don't know what year this ride will end, I've been counting since 2004!

I hope everyone the best and Cheers to all!

Edited March 16, 2011 by Blue-Duck

[tjmunson]

LOL show me where any of those countries hold mass amounts of IDQ and we will talk (besides the DFI funds we are holding because that isent ours to begin with).........not gibberish assumptions from the many gurus or people just assuming every country has dinar......Ive done more research then you know.....even reading those MOF documents and the "Future Plans for Iraq"...... I was once on the same train of thought you are right now....until I dug deeper and realized whats real and whats fantasy.......Im not pretending to have all the answers cause I dont No one does....Im simply stating that they cant RV high at this point in time because of the PHYSICAL money supply.....thats the topic at hand here.....when you can show me evidence of any of these other countries holding "the majority" of IDQ in circulation, then you can step back up to the podeum and speak......its funny how you think these other countries can hold the majority when 90% of the dinar in PHYSICAL circulation is in country......Now Im no genius in math but Im pretty sure that 10% isent a majority....but thats just me....maybe I learned my numbers wrong in kindergarten.......

Look I know it might be hard to believe, and that it would mean your dreams of being a millionare overnight were dashed but do you really think within a matter of a couple months that currency off the streets just disapeared? Its not that easy to make trillions or like you say maybe even 14 trillion vanish and magically destroyed.......especially when its in the hands of the people......

LOL show me where any of those countries DON'T hold mass amounts of IQD and we will talk.

Show me where 90% of the IQD is in country. I want links. Show me where 27 trillion are in circulation. I want links. Show me where major players don't have stockpoles of IQD. I want links.

This entire scenario has been in the works for years. Your intellectual leash is not allowing you to see outside the box. Let me pose it to you this way. Let's say you are correct in your 27 trillion in circulation theory. OK, now, what would have to happen in order for the global economy to handle an RV of 1 to 1? Have your answer???? Now ask yourself this very simple question. Are you arrogant enough to think that the powers behind this have not already taken this into account and implemented the needed steps in order to make it happen?

The authors of this plan have been putting it together since you were wearing diapers and watching Barney. There is so much that none of us know. I promise you when this thing blows we are gonna sit back and many of us are gonna say Holy sh*% I never saw that coming.

Now go play your video game and just accept the fact that the US dollar is going down and our investment is going up.

Nuff said.

Peace