Popular Post MrDarkCloud Posted June 3, 2011 Popular Post Report Share Posted June 3, 2011 Not sure if this was already posted but I hadn't seen it here yet. Will Iraq’s currency, the Iraq Dinar, revalue soon? The answer is “yes!” 1.DFI (Development Funds for Iraq) runs out. Not a rumor! If this runs out, they lose their protection against law suits from claimants from the previous regime. http://articlesofinterest-kelley.blogspot.com/2010/12/june-30th-2011-times-up-iraq-and-un.html 2.CBI report states that the RV has to be done by June 30. (Page 38 “Revalue” ) http://www.imf.org/e…2011/cr1175.pdf 3.UN recognizes IQD as a viable currency once it revalues http://treasury.un.org/operationalrates/OperationalRates.aspx 4.Bagdad Ministry of Planning (MOP) makes future rate projections can be as low as $1.134 dollars, but most likely will be near the $4 USD mark http://www.mop.gov.i…&pid=295&lng=en 5.In an article titled, “The Recent Iraq 2011 Budget May Have Leaked the Coming Currency Revaluation” you’ll see some guestimations of the RV happening at .855 USD, which is where you are hearing rumors of the .86 cent claims. 6.Based on Iraq Government and Banking documents posted in public view, we should see an RV before the end of June, probably as soon as they can now and the rate should be over 3.20 USD to 1 IQD. This is not based on inside information or some hidden inside source, this is based on Public documentation. No guess work, it is what the Iraq government and CBI have already told us. 7.UN accepted budget projections for Iraq are $90.1 billion. However, oil revenues are estimated at only $26.1 billion. 90.1/26.1 = $3.452 USD just to meet their existing UN approved budget. It is probably safe to assume they will include additional government spending so that’s why you are hearing estimates for the RV rate as high as $4.41. , In another article “The Iraq Revaluation Soon” this paragraph ended the article, “Recently, the Iraqi Government stated “We have promised the people of Baghdad and Iraq that the next four years will be the phase of construction and better economy, and we will live up to our promises” So, to answer the original question asked above, “Will Iraq’s currency, the Iraqi Dinar, gain value compared to other world currencies soon?” Absolutely, YES!… Because a new government is in place, and old oil fields are getting back on line, and new ones are being discovered, and the security has been restored. Iraq also had a lot of debt piled up owing to many other countries. And most of that debt has been forgiven by those countries. What will keep the currency revaluation from happening now? Common sense and public information seems to indicate it should happen very soon! There is no reason for further hesitation! http://dinartrade.or…evaluation-soon 29 1 Link to comment Share on other sites More sharing options...
NWGUY Posted June 3, 2011 Report Share Posted June 3, 2011 Thank you for the information! I like the $4.41....let's do it!! Feeling lucky for June!! 1 Link to comment Share on other sites More sharing options...
wbuse984 Posted June 3, 2011 Report Share Posted June 3, 2011 Interesting and encouraging information, thanks for posting...lets hope and see 2 1 Link to comment Share on other sites More sharing options...
gpoki Posted June 3, 2011 Report Share Posted June 3, 2011 Not a lot of hype.. just information with links. Thanks! I hope they stick to the writing on the walls! GO RV! 1 Link to comment Share on other sites More sharing options...
The Original Spike Posted June 3, 2011 Report Share Posted June 3, 2011 Like I have stated several times already, pertaining to me... If it doesn't RI/RV by the end of June... Then my IDQ will go back into my filing cabinet... I'm thinking something is going to have to happen with the IDQs value in a positive direction by the end of June, or else... Anyway, we are truly on the razors edge of "do or die" time... 7 Link to comment Share on other sites More sharing options...
dinariac Posted June 3, 2011 Report Share Posted June 3, 2011 Great research! I'm all in...+1 RRRVVVV T T T T I I I I M M M M E E E E Link to comment Share on other sites More sharing options...
realbigfish Posted June 3, 2011 Report Share Posted June 3, 2011 "2.CBI report states that the RV has to be done by June 30. (Page 38 “Revalue” ) http://www.imf.org/e…2011/cr1175.pdf" I don't think that has anything to do with the revalue of the dinar exchange rate. If you read the entire paragraph a couple of times it will make more sense. I believe this is talking about cleaning up crappy accouting records. They have bad accounts and records. Part of fixing that is assessing the true value of those accounts. Revalue = to make a fresh valuation or appraisal. 3 1 Link to comment Share on other sites More sharing options...
Darin Posted June 3, 2011 Report Share Posted June 3, 2011 "2.CBI report states that the RV has to be done by June 30. (Page 38 “Revalue” ) http://www.imf.org/e…2011/cr1175.pdf" I don't think that has anything to do with the revalue of the dinar exchange rate. If you read the entire paragraph a couple of times it will make more sense. I believe this is talking about cleaning up crappy accouting records. They have bad accounts and records. Part of fixing that is assessing the true value of those accounts. Revalue = to make a fresh valuation or appraisal. I believe your correct They're re-assessing & cleaning their books. I want to maybe even say clearing their balance sheets. This is to happen on June 30th, or prior, I can't remember which. This is to be done for two separate privates banks.. can't remember the names, but only that they start with the letter R A lot can be misinterpreted there... But, it still great information if you read it correctly. 1 Link to comment Share on other sites More sharing options...
Bad Penny Posted June 3, 2011 Report Share Posted June 3, 2011 "2.CBI report states that the RV has to be done by June 30. (Page 38 “Revalue” ) http://www.imf.org/e…2011/cr1175.pdf" I don't think that has anything to do with the revalue of the dinar exchange rate. If you read the entire paragraph a couple of times it will make more sense. I believe this is talking about cleaning up crappy accouting records. They have bad accounts and records. Part of fixing that is assessing the true value of those accounts. Revalue = to make a fresh valuation or appraisal. Agreed. I'm not particularly good at reading between lines, but as you stated, it seems that this is just an accounting cleanup between point A and point B. Point A being what you projected at a certain point in time with the current exchange rate and point B being what you actually ended up with given market fluctuations. Link to comment Share on other sites More sharing options...
myst Posted June 3, 2011 Report Share Posted June 3, 2011 WOW!!!!!!! this is great news............thanks tons myst Link to comment Share on other sites More sharing options...
Shinnidan Posted June 3, 2011 Report Share Posted June 3, 2011 Like I have stated several times already, pertaining to me... If it doesn't RI/RV by the end of June... Then my IDQ will go back into my filing cabinet... I'm thinking something is going to have to happen with the IDQs value in a positive direction by the end of June, or else... Anyway, we are truly on the razors edge of "do or die" time... hahaha... mine is still buried in me back yard somewhere...weeds and stuff have grown over it already, and i may have trouble finding it. so if it don't RV by end June...that box may become a time capsule...buried treasure. Argh, here lies ye ole treasure, mates...argh! buwahahah 3 1 Link to comment Share on other sites More sharing options...
cashman54 Posted June 3, 2011 Report Share Posted June 3, 2011 God is in charge and ready to bless us! Look at all examples in the Bible, everything always "looked bad", it's when turmoil appears is when God is ready to SHIFT US INTO BLESSINGS! THANk YOU JESUS! 2 1 Link to comment Share on other sites More sharing options...
fastang1111 Posted June 3, 2011 Report Share Posted June 3, 2011 Like I have stated several times already, pertaining to me... If it doesn't RI/RV by the end of June... Then my IDQ will go back into my filing cabinet... I'm thinking something is going to have to happen with the IDQs value in a positive direction by the end of June, or else... Anyway, we are truly on the razors edge of "do or die" time... Hang in ther spike. just a little longer Link to comment Share on other sites More sharing options...
20MillionDinar Posted June 3, 2011 Report Share Posted June 3, 2011 (edited) I believe your correct They're re-assessing & cleaning their books. I want to maybe even say clearing their balance sheets. This is to happen on June 30th, or prior, I can't remember which. This is to be done for two separate privates banks.. can't remember the names, but only that they start with the letter R A lot can be misinterpreted there... But, it still great information if you read it correctly. Darin, You are right. I believe the banks are Rafidain Bank and Rasheed Securities. I still have my hopes for the RV by June 30th! I did have a question for anybody who can help. In the original post "point 3" it says "UN recognizes IQD as a viable currency once it revalues" http://treasury.un.o...ionalRates.aspx I took a look at the website and noticed the IQD is listed. Just wondering, are all countries' currency listed on this website or only currencies that the UN feels are viable? Also, what would they mean by Viable? Edited June 3, 2011 by 20MillionDinar Link to comment Share on other sites More sharing options...
fastang1111 Posted June 3, 2011 Report Share Posted June 3, 2011 Maby a little hope. sure wish the links worked. need to read something poss. thanks for the post. Link to comment Share on other sites More sharing options...
xxxgator Posted June 3, 2011 Report Share Posted June 3, 2011 Like they say every dark cloud has a silver lining.Thanks for the post 1 Link to comment Share on other sites More sharing options...
umbertino Posted June 3, 2011 Report Share Posted June 3, 2011 Quote There is no reason for further hesitation! End Quote That was never the trigger for them.Unfortunately. God is in charge and ready to bless us! Look at all examples in the Bible, everything always "looked bad", it's when turmoil appears is when God is ready to SHIFT US INTO BLESSINGS! THANk YOU JESUS! Shoot......... Link to comment Share on other sites More sharing options...
HawaiianGal Posted June 3, 2011 Report Share Posted June 3, 2011 I love this post, and I can't get a lot of your links to load. I managed to get to the Ministry of Planning website, and I can't find the article talking about the rates. Can you please tell me the title of the article, or post the link again? Something cut it off. Thanks! Link to comment Share on other sites More sharing options...
Derek2011 Posted June 3, 2011 Report Share Posted June 3, 2011 Well Done! +1 Link to comment Share on other sites More sharing options...
OhYeah Posted June 3, 2011 Report Share Posted June 3, 2011 Like I have stated several times already, pertaining to me... If it doesn't RI/RV by the end of June... Then my IDQ will go back into my filing cabinet... I'm thinking something is going to have to happen with the IDQs value in a positive direction by the end of June, or else... Anyway, we are truly on the razors edge of "do or die" time... there will be such a large collective groan on July 1st that California will think they are having the BIG ONE!! BUT, thats not going to happen!! June is our month Link to comment Share on other sites More sharing options...
jeepguy Posted June 3, 2011 Report Share Posted June 3, 2011 great job folks lot of good chat ing through the site area this is the way it is suppose too be ,,,every body high 5`s and a big hug ,,,,,and another beer for me ,,,lol,,, about the books being off a bit hope that is what maliki is checking out ,,,getting it started and get this bussness over and roll on too the next big thing,,,MAN there is so much about to happen over there the dust will not settle down for quite a while because the construction!!!! get those jack asses that explode out of the way { hey you guys that explode, group hug all at once and pull the pin } whooooot whoooo fellow dinar vets Link to comment Share on other sites More sharing options...
MrDarkCloud Posted June 4, 2011 Author Report Share Posted June 4, 2011 (edited) I love this post, and I can't get a lot of your links to load. I managed to get to the Ministry of Planning website, and I can't find the article talking about the rates. Can you please tell me the title of the article, or post the link again? Something cut it off. Thanks! Hawaiian Gal Here are all the link that were attached to the article http://articlesofinterest-kelley.blogspot.com/2010/12/june-30th-2011-times-up-iraq-and-un.html http://www.imf.org/e…2011/cr1175.pdf http://treasury.un.org/operationalrates/OperationalRates.aspx http://www.mop.gov.i…&pid=295&lng=en I dont know why but when I post them on here a couple of the links don't work Edited June 4, 2011 by MrDarkCloud 1 Link to comment Share on other sites More sharing options...
powerpager Posted June 4, 2011 Report Share Posted June 4, 2011 GREAT POST!!! Link to comment Share on other sites More sharing options...
Mike12570 Posted June 4, 2011 Report Share Posted June 4, 2011 Thanks...thanks for bringing over...JUNE is my birth month...GO ...RRRR VVVVVV Link to comment Share on other sites More sharing options...
Stradergrl Posted June 4, 2011 Report Share Posted June 4, 2011 hahaha... mine is still buried in me back yard somewhere...weeds and stuff have grown over it already, and i may have trouble finding it. so if it don't RV by end June...that box may become a time capsule...buried treasure. Argh, here lies ye ole treasure, mates...argh! buwahahah Funny stuff!!! 1 Link to comment Share on other sites More sharing options...
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