Logical rate.

[iqdheadlines]

Hey guys.

I haven't been logged onto DV for a while now but I have always been reading the forums daily and decided to make this post as to what I thought about the possible RV rate.

I have come to the conclusion that the first RV rate has to come out higher and not lower (i.e $1.00+).

Because if the RV if the Iraqi Dinar came out at a low rate (i.e $0.10, $0.20, $0.30, or anywhere being under the $1.00 range) then it will affect Iraq on a large scale.

Because if it did come out at a low rate like I stated above then global investors would suddenly buy-up all the remaining Dinar that was available once it became a tradable currency and this would in turn hurt the economy of Iraq on a big scale in many areas.

So in short, the RV rate has to come out higher enough to keep the economy stable.

This is just my personal thoughts on the RV rate and I would be happy to hear your feedback if think or think not what I say is logical.

Thanks guys, i'm looking forward to your thoughts!

[Nana_d]

Hey guys.

I haven't been logged onto DV for a while now but I have always been reading the forums daily and decided to make this post as to what I thought about the possible RV rate.

I have come to the conclusion that the first RV rate has to come out higher and not lower (i.e $1.00+).

Because if the RV if the Iraqi Dinar came out at a low rate (i.e $0.10, $0.20, $0.30, or anywhere being under the $1.00 range) then it will affect Iraq on a large scale.

Because if it did come out at a low rate like I stated above then global investors would suddenly buy-up all the remaining Dinar that was available once it became a tradable currency and this would in turn hurt the economy of Iraq on a big scale in many areas.

So in short, the RV rate has to come out higher enough to keep the economy stable.

This is just my personal thoughts on the RV rate and I would be happy to hear your feedback if think or think not what I say is logical.

Thanks guys, i'm looking forward to your thoughts!

Makes sense to me! The better off they are, the better off I'll be too!!

Looking forward to making up my own mind in what I read...Don't care for bashing people for what they think/hope might come to pass

[Babs47]

That makes great sense to me! Also, if they want to "de-dollarize" Iraq, and get people to use the dinar, it'd be wise to make the dinar worth more than the dollar!

[Bambino3]

Iqd - Makes perfect sense, which means the bashers will be out in droves. Giving you a plus real quick.

[AoK]

@iqdheadlines: agreed! From everything I've been reading on here, including the reason you put forth, I definitely lean towards a >$1 RV. LOP, tho a possibility, is a remote one. +1!

[Saint Cloud]

Because if it did come out at a low rate like I stated above then global investors would suddenly buy-up all the remaining Dinar that was available once it became a tradable currency and this would in turn hurt the economy of Iraq on a big scale in many areas.

Okay, I'm a bit slow on this. Could you please explain how this would hurt the economy of Iraq, to have the currency be bought up? I thought everyone wanting to sell your currency would be the negative situation.

I am eager to agree with your idea otherwise. Thank you.

[firefighter_218546]

I would love it to come out at 1.00 or above.. I was thinking that if these people with all the money wanted to buy dinar why wouldn't they just purchase it now since it's very low? hey don't get me wrong 1dollar per dinar would have me set for life... and I would be very happy..

Go Rv

God Bless America

[HYDRANT]

THANKS FOR YOUR THOUGHTS

[wingsofhope]

Perhaps some vodka mixed with the kool aid may help your vision Go ahead and NEG (-) me Children of the Corn Dinar. Its getting scary in here

Edited April 30, 2011 by wingsofhope

[thunderrb]

If it comes in too low, the rest of the world will own Iraq. I know if it comes in at .10, I will by more Dinar and wait, I believe it will go up..

[hurricanewayne]

Just like you I feel they would need to come out over a buck, I was thinking $1.50 to keep every one from running out and buying all the dinar up. I think it would hurt them more than you are saying if the come out at .10 or .20 or .30cents. the way I see in is it would bankrupt them in the long run.

[AkinNAUY]

Its true! I would love it for it to go over the $... Let me throw my dinar fils;

What if they come out low and regulate the way the currency is being bought in the market? Investors knows that it will go up and once the oil production is to its full potential the currency will find its stable rate. I understand that they (Iraq) have stablished some of the most up-to-date techlonolgy when it comes to dealing with the world;

Is it possible for them to regulate the amount of currency being bought by investors?

I'm not a currency/trader expert just speculating... What do you think?

[mrsonnyr]

If you listen to any of Rudy's (currency expert) comments on the recordings on this site, he says basically the same thing. In his opinion, if it RV'd too low, keeping in mind IT'S ON FOREX, now INTERNATIONALLY traded (no longer just a few people in the US and UK), the big boys, fund managers, etc. WOULD ABSOLUTELY buy it up and wait for the currency to raise, catching up to it's true market value.

He says that would be EXTREMELY bad for Iraq, as basically the rest of the world would, in essence, own the Iraqi marketplace, which obviously is NOT what Iraq would want.

Better to come in at a reasonable rate right off the bat, and then let the market naturally raise it a little at a time, leaving a bit of meat on the bones for investors, including the Iraqi people.

IMHO, it makes perfect sense to me.

[gallinipper]

Hey guys.

I haven't been logged onto DV for a while now but I have always been reading the forums daily and decided to make this post as to what I thought about the possible RV rate.

I have come to the conclusion that the first RV rate has to come out higher and not lower (i.e $1.00+).

Because if the RV if the Iraqi Dinar came out at a low rate (i.e $0.10, $0.20, $0.30, or anywhere being under the $1.00 range) then it will affect Iraq on a large scale.

Because if it did come out at a low rate like I stated above then global investors would suddenly buy-up all the remaining Dinar that was available once it became a tradable currency and this would in turn hurt the economy of Iraq on a big scale in many areas.

So in short, the RV rate has to come out higher enough to keep the economy stable.

This is just my personal thoughts on the RV rate and I would be happy to hear your feedback if think or think not what I say is logical.

Thanks guys, i'm looking forward to your thoughts!

you are assuming, of course, that it will be on the foreign exchange markets. if they rv low, i am certain that it will not be traded on forex for the reasons that you stated above. remember, governments are in complete control of these currencies. these markets are not "free".

Its true! I would love it for it to go over the $... Let me throw my dinar fils;

What if they come out low and regulate the way the currency is being bought in the market? Investors knows that it will go up and once the oil production is to its full potential the currency will find its stable rate. I understand that they (Iraq) have stablished some of the most up-to-date techlonolgy when it comes to dealing with the world;

Is it possible for them to regulate the amount of currency being bought by investors?

I'm not a currency/trader expert just speculating... What do you think?

you are right on target here, in my opinion. these markets are not "free" and will be manipulated with regulation. i believe that there will be a lop and high rv or a low rv off the market. the currency will be internationally recognized with iraq being a member of the wto, but that doesn't mean you will be able to "freely" trade it on forex just like several other exotic currencies. they are (and will be) in complete control of their money supply.

[firefighter_218546]

If it comes in too low, the rest of the world will own Iraq. I know if it comes in at .10, I will by more Dinar and wait, I believe it will go up..

So what you are saying is if it comes in at .10 you will buy more... ummm let me see right now you can buy a million dinar for roughly $ 1250.00 right?.. and if you were to buy a million at .10 per dinar it would cost you $ 100,000.00 that is one hundred thousand dollars.. why wait buy it now and save a bunch of money.. That is your best bet, than you can wait for it to go up above .10 you will have made a lot more money.

Go Rv

God Bless America

[DinarSeeker]

Its true! I would love it for it to go over the $... Let me throw my dinar fils;

What if they come out low and regulate the way the currency is being bought in the market? Investors knows that it will go up and once the oil production is to its full potential the currency will find its stable rate. I understand that they (Iraq) have stablished some of the most up-to-date techlonolgy when it comes to dealing with the world;

Is it possible for them to regulate the amount of currency being bought by investors?

I'm not a currency/trader expert just speculating... What do you think?

JMO..... Dollarization was for two reasons. One, keep the Iraqi economy from imploding completely. USD and Dinars work side by side, coexist, and have been since the defeat of Saddam. Two, the dinar was intentionally deflated to 1170 for one reason only, dinar reinstatement. The USD is the only REAL model that could measure the dinars rate increase success over a long period of time. It was duing the study of this model by the UST and CBI, that the precise percentage of inflationary measure had to be met to institute a successfull reinstatement of the dinar back into the Iraqi economy at the correct value. However, there have been many, many, unforeseen problems along the way. Two of the top ones are this: One, the CBI, over the course of a few years could successfully deflate inflation from over 30% to 4% but could only hold it there for so long. Once the objective was reached, it was imperative to implement the plan into play according to the model. Two, Al Nuri-Maliki has been a thorn in the side of many during his struggle to maintain power. Since the 2010 March elections, Maliki has done everything he can to benifit his position, and power. All futile attempts, he has done nothing more than make this very painful for this program to come to fruition. I belive that we are straight on target, and all of the events that have taken place, that lead us here today, all happened in the sequential order that it needed to. This "sequential order", IMO, could have started just after the elections, instead, we see it dragged out over 15 months or so with bits and pieces coming to us each week. So in closing, today we see inflation has been on the rise in the last months. How does the successful implementation of the plan happen when one of the key model componets is not right? Inflation must be delt with, and now, to reach whatever that number is. This is why we see low volumes of cash auctions in Iraq in the last week. Im not sure how long this will go on to reach the goal but one thing is for sure. The CBI is once again shoring up its money again, an attempt to hoard currency off the street. The last thing that government wants or needs is to create independant millionaires in a socialist economy. Many articles of late suggest large notes have been already hard to come by. One thing I'm ABSOLUTELY sure of, there is "NOT" 27 trillion dinar in current circulation. There are many articles saying there is but the real question is, do you believe all what you read. We are lied to daily to keep speculation at bay. DV.... Helllo, are you listening loppers! What percentage of that report is in digital dinar? What percectage of that is in smaller notes that make 27 trillion? Were only talking about all three zero notes! 1.00 rate to start the forex out, that was, and is the model. no less, all which is based on $70 pbd oil output which is running @ $112.! you decide!

[jeepguy]

whiooooooo hoooooooo 2.oo u s d rate would be great .no one would tr too buy the iraq country and it would be in line sort of with other area`s {maybe} also it is 200 th post so it has to be 2.oo sounds crazy don`t it

[powerpager]

Just Give Me a $ ~!!!

[HopefulTxn]

JMO..... Dollarization was for two reasons. One, keep the Iraqi economy from imploding completely. USD and Dinars work side by side, coexist, and have been since the defeat of Saddam. Two, the dinar was intentionally deflated to 1170 for one reason only, dinar reinstatement. The USD is the only REAL model that could measure the dinars rate increase success over a long period of time. It was duing the study of this model by the UST and CBI, that the precise percentage of inflationary measure had to be met to institute a successfull reinstatement of the dinar back into the Iraqi economy at the correct value. However, there have been many, many, unforeseen problems along the way. Two of the top ones are this: One, the CBI, over the course of a few years could successfully deflate inflation from over 30% to 4% but could only hold it there for so long. Once the objective was reached, it was imperative to implement the plan into play according to the model. Two, Al Nuri-Maliki has been a thorn in the side of many during his struggle to maintain power. Since the 2010 March elections, Maliki has done everything he can to benifit his position, and power. All futile attempts, he has done nothing more than make this very painful for this program to come to fruition. I belive that we are straight on target, and all of the events that have taken place, that lead us here today, all happened in the sequential order that it needed to. This "sequential order", IMO, could have started just after the elections, instead, we see it dragged out over 15 months or so with bits and pieces coming to us each week. So in closing, today we see inflation has been on the rise in the last months. How does the successful implementation of the plan happen when one of the key model componets is not right? Inflation must be delt with, and now, to reach whatever that number is. This is why we see low volumes of cash auctions in Iraq in the last week. Im not sure how long this will go on to reach the goal but one thing is for sure. The CBI is once again shoring up its money again, an attempt to hoard currency off the street. The last thing that government wants or needs is to create independant millionaires in a socialist economy. Many articles of late suggest large notes have been already hard to come by. One thing I'm ABSOLUTELY sure of, there is "NOT" 27 trillion dinar in current circulation. There are many articles saying there is but the real question is, do you believe all what you read. We are lied to daily to keep speculation at bay. DV.... Helllo, are you listening loppers! What percentage of that report is in digital dinar? What percectage of that is in smaller notes that make 27 trillion? Were only talking about all three zero notes! 1.00 rate to start the forex out, that was, and is the model. no less, all which is based on $70 pbd oil output which is running @ $112.! you decide!

How do you figure that the dinar rate was deflated to 1170 when it has taken several years since the introduction of the new notes to reach as high as it has? The actual value of the dinar was garbage long before Saddam was ousted from power. Just because he never changed the 'official exchange rate' does not mean that it actually held that value. The value of the dinar decreased because of monetary policy in Iraq during the Iran-Iraq war in the 80's, Saddam's increased printing of the notes, spending of their currency reserves. Then while things were bad, he made them worse by invading Kuwait and getting the sanctions imposed on his country in 1990.

The reason that many people that hold dinar have already doubled their money or better is because they have rode the appreciation of the dinar to the point that it has reached today. How did they do this if the value was 'deflated to 1170' as you state?

Which articles are you referring to that dinar is hard to come by? One article I saw that someone was making this assertion from wasn't stating a shortage of currency, but that their damaged and heavily worn currency was not being accepted by vendors or even banks.