shannybelle27 Posted February 8, 2010 Report Share Posted February 8, 2010 OK EVERYONE..I AM NOT SURE IF THIS INFORMATION WAS ALREADY POSTED OR NOT SO IF IT WAS SORRY..SOME OF YOU MAY OF ALREADY HEARD OF THIS OR DISCUSSED IT..ANYWAYS SHARE YOUR THOUGHTS IF YOU'D LIKE. I AM WAITING TO GET THE LINK FOR THIS ...THANKSIraq Transfers 3 Tons of Gold into CBI to support Dinar07 Feb 2010 23:27 Plan to increase the value of the dinar against the dollar and the deletion of three zeroes Finance Ministry has prepared a plan to increase the value of the dinar against the dollar and then delete the three zeroes from the dinar's value to contribute to the advancement of the Iraqi economy during the coming period with the Iraqi central bank denied the rumors making the dollar worth 1000 dinars and said in a statement issued by the Ministry of Finance:, the Minister Baqir Jabr said During his recent visit to the Jordanian capital Amman, said the CBI chagrin financially estimated $ 22 billion and three tons of gold intended to support the Iraqi dinar. He said that successful fiscal policy pursued in Iraq have contributed to increasing the value of the Iraqi dinar against the dollar, noting that the dollar exchange rate dropped significantly during the current year, stressing that all efforts will be channeled to the deletion of three zeros from the value of the dinar. On the other hand denied the authoritative source in the Iraqi Central Bank rumors making the dollar worth 1000 dinars, or a change denominations or raise zeros from the current currency.He said in a press statement that the bank has been following with great interest the phenomenon of low demand for the dollar in the local exchange markets, stressing that such information or rumors surrounding the aim of achieving commercial gain emergency for some users at the expense of the public. Link to comment Share on other sites More sharing options...
shannybelle27 Posted February 8, 2010 Author Report Share Posted February 8, 2010 So now Iraq is transferring gold to support a value change against the USD and denying the previous lop articles ... I see this contradiction as a good sign that there is much disinformation. So we just wait and see. Everything negative that has gone on could very well be a smokescreen..hmmmm Link to comment Share on other sites More sharing options...
shannybelle27 Posted February 8, 2010 Author Report Share Posted February 8, 2010 Do you have a link?hey, im waiting for one...i'll post it as soon as i get it Link to comment Share on other sites More sharing options...
Nance Posted February 8, 2010 Report Share Posted February 8, 2010 Wow, great post, thank you for sharing! I will be interested to see the link when posted... Link to comment Share on other sites More sharing options...
techie Posted February 8, 2010 Report Share Posted February 8, 2010 Thank you for the post. Hopefully this is more real than the RF one. Link to comment Share on other sites More sharing options...
Barbann Posted February 8, 2010 Report Share Posted February 8, 2010 I don't see where they are denying a lop. In fact if I read this correctly it contradicts itself a couple of times and I find it very confusing. Link to comment Share on other sites More sharing options...
Bumper64 Posted February 8, 2010 Report Share Posted February 8, 2010 Shanneybelle27 thanks for sharing this info!! I look forward to checking out that link when you get it!!Thanks!!BTW: Great Avatar pic! Link to comment Share on other sites More sharing options...
jbutch Posted February 8, 2010 Report Share Posted February 8, 2010 i saw this somewhere this morning as well sure it was in forum ( sorry shanny )but cant find it again looks good no correction someone put up alink in chat still sounds great Link to comment Share on other sites More sharing options...
jbutch Posted February 8, 2010 Report Share Posted February 8, 2010 (belle).............. Link to comment Share on other sites More sharing options...
simunek739 Posted February 8, 2010 Report Share Posted February 8, 2010 http://translate.google.com/translate?hl=en&ie=UTF-8&sl=ar&tl=en&u=http://www.foratnews.com/paper.asp%3FID%3D8383&prev=_t&rurl=translate.google.com&twu=1 Link to comment Share on other sites More sharing options...
shannybelle27 Posted February 8, 2010 Author Report Share Posted February 8, 2010 http://translate.google.com/translate?hl=en&ie=UTF-8&sl=ar&tl=en&u=http://www.foratnews.com/paper.asp%3FID%3D8383&prev=_t&rurl=translate.google.com&twu=1Ok everyone here is the link for the article I posted:Thank you simunek739! Also I heard this article was posted earlier...anyways even if it was this is really good news! cheers! Link to comment Share on other sites More sharing options...
dinarded Posted February 8, 2010 Report Share Posted February 8, 2010 That's over 100 Trillion Dinars in gold alone! Link to comment Share on other sites More sharing options...
excursion Posted February 8, 2010 Report Share Posted February 8, 2010 If gold was worth 1100 per ounce then 3 tons = 6000 lbs X 16 oz/lb = 96000 Oz X $1,100 = 105,600,000. This is a lot but not a Trillion. They have more at the world bank from sales during Chapter 7. Link to comment Share on other sites More sharing options...
82ndAirborne Posted February 8, 2010 Report Share Posted February 8, 2010 Shannybelle - What a pretty horse. I had a 1/4 horse that looked just like yours. Sold her in 1979. Sweet disposition. Link to comment Share on other sites More sharing options...
Matt Posted February 8, 2010 Report Share Posted February 8, 2010 As far as Lopping the Iraqi Dinar, that has not been the plan. Gradual elimination of the larger notes has been the plan. Unlike Korea (communist country) Iraq has promised to its people a return to currency with the purchasing power of pre-war times. Remember, when the new currency was introduced, Iraqis lost all of their savings and purchasing power. It would only be fair to return the losses back to the people. Iraqis became poor overnight and they just may become wealthy overnight... sounds fair.Hope this shines some light on the subject! Link to comment Share on other sites More sharing options...
dinarded Posted February 8, 2010 Report Share Posted February 8, 2010 If gold was worth 1100 per ounce then 3 tons = 6000 lbs X 16 oz/lb = 96000 Oz X $1,100 = 105,600,000. This is a lot but not a Trillion. They have more at the world bank from sales during Chapter 7.1 short ton of 2000lb (US) = 29,166.667 Troy ounces http://wiki.answers.com/Q/How_many_ounces_does_one_ton_of_gold_weighGold is 1064 per ouncehttp://www.kitco.com/charts/livegold.html29,166.67 Troy Ounces X 3 (tonnes) = 87,500.01 X 1064 USD per ounce = $93,100,010.64 x 1170 IQD Value = 108,927,012,448.80 DinarSo you are correct, i had too many zero's ... The correct total is Gold with a value of 109Billion Dinar. The article further states $22Billion ... $<<<-- Symbol for USD22 Billion USD X 1170 (Dinar value) = 25,740,000,000,000.00 (25.74 Trillion Dinar)109 Billion Dinar in Goldand and additional 25.74 Trillion Dinar based on 22Billion in USDSo to ad it all up25.740 TRILLION + 109BILLION25.849 TRILLION DINARThat's a huge RESERVE!!! Link to comment Share on other sites More sharing options...
Rickybobby Posted February 8, 2010 Report Share Posted February 8, 2010 OK EVERYONE..I AM NOT SURE IF THIS INFORMATION WAS ALREADY POSTED OR NOT SO IF IT WAS SORRY..SOME OF YOU MAY OF ALREADY HEARD OF THIS OR DISCUSSED IT..ANYWAYS SHARE YOUR THOUGHTS IF YOU'D LIKE. I AM WAITING TO GET THE LINK FOR THIS ...THANKSIraq Transfers 3 Tons of Gold into CBI to support Dinar07 Feb 2010 23:27 Plan to increase the value of the dinar against the dollar and the deletion of three zeroes Finance Ministry has prepared a plan to increase the value of the dinar against the dollar and then delete the three zeroes from the dinar's value to contribute to the advancement of the Iraqi economy during the coming period with the Iraqi central bank denied the rumors making the dollar worth 1000 dinars and said in a statement issued by the Ministry of Finance:, the Minister Baqir Jabr said During his recent visit to the Jordanian capital Amman, said the CBI chagrin financially estimated $ 22 billion and three tons of gold intended to support the Iraqi dinar. He said that successful fiscal policy pursued in Iraq have contributed to increasing the value of the Iraqi dinar against the dollar, noting that the dollar exchange rate dropped significantly during the current year, stressing that all efforts will be channeled to the deletion of three zeros from the value of the dinar. On the other hand denied the authoritative source in the Iraqi Central Bank rumors making the dollar worth 1000 dinars, or a change denominations or raise zeros from the current currency.He said in a press statement that the bank has been following with great interest the phenomenon of low demand for the dollar in the local exchange markets, stressing that such information or rumors surrounding the aim of achieving commercial gain emergency for some users at the expense of the public.3 tons is only about 87 million USD....is this significant enough for what we are looking for? well plus the 22 billion, that makes a huge difference...could be great news....we shall see.... Link to comment Share on other sites More sharing options...
dinarded Posted February 8, 2010 Report Share Posted February 8, 2010 3 tons is only about 87 million USD....is this significant enough for what we are looking for??????????The math was broken down in the post just above yourshttp://dinarvets.com/forums/showthread.php?9378-Iraq-Transfers-3-Tons-of-Gold-into-CBI-to-support-Dinar&p=60652&viewfull=1#post60652 Link to comment Share on other sites More sharing options...
mazeraider22 Posted February 8, 2010 Report Share Posted February 8, 2010 whats the price od gold going for now?? Link to comment Share on other sites More sharing options...
saphire Posted February 8, 2010 Report Share Posted February 8, 2010 Link in Dinar Rumors sorry put in wrong plce-great article Thanks Link to comment Share on other sites More sharing options...
camishe Posted February 8, 2010 Report Share Posted February 8, 2010 Thanks for sharing this info. Link to comment Share on other sites More sharing options...
apostle Posted February 8, 2010 Report Share Posted February 8, 2010 worth about 96-97 billion us Link to comment Share on other sites More sharing options...
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