THEE ZEROS RAISING FOR LOCAL ECONOMY ONLY!!!

[dinarck]

Haha. Only in the dinar world would someone use an article saying its about to LOP to try and debunk the possibility of a LOP.

No, what he is saying is that we ALL got into this HOPEING for this windfall of millions. After looking at data, and information we discovered that the possibility of this making us MILLIONS was, well, ridiculous. After more study, we discovered that a RD was looking VERY likely. some did sell their dinar at that point. most got tired of hearing all these gurus spouting out BS claims of RV monday, and "BOOTS ON THE GROUND SAY xxxxx" and some of us choose to stay in the game in the hopes that after the RD we would have a RV and we could double or triple our money. now in my mind that isnt bad. We are not being negative, we are being realistic. If you want to put your head in the sand, thats fine, knock your lights out. I can understand how you dont want this dream to end, I truly do. But sooner or later you WILL wake up from this dream. Please dont be upset by what you see when you do. you still will have a chance to make money on this venture, just not the millions the pumpers lead you to believe.

BBear, Well said.

Hi Nani?

Do you honestly believe that ANYONE here actually

wants to see this happen? This baffles me when I

read this kind of response to ANY discussion of what

HISTORY shows us. Iraq is NO different.

Any talk about "smoke and mirrors" has come solely from

gurus who have lied about even the historical precedence and

this has caused discord, NOT those who research and see the

most likely way for Iraq to start to improve is NOT to jump out of the

gate at a revaluation of 2 or 3$ +...they cannot accomplish this at this time

period.

You will not hear the gurus EVER admit to this my friend...why?...because

sale of IQD would basically cease...that means NO referral profits from

guru site dealers. How is it this is not understood after all these years,

that their motive has become crystal clear revealed by their very actions.

Would it be better to ignore history, just yell and scream "NO LOP" which is not

what is even being discussed...it is called redenomination and history absolutely

supports this. to the poster who stated "LOP" is used to confuse, etc., that is true.

So to try and understand and pay attention to actual historical fact, how is THAT

making anyone WANTING it? But to ignore it from an investment standpoint, is

short sighted and dangerous. We must plan for all scenarios, and only ONE will occur.

it iwll not be jumping out of the gate at 3$+ as Iraq can on no way support this, without

the steps already stated by the CBI...for years, that they will redenominate, then hopefully

revalue so we can all come out with some nice gains...but to not address this is to swallow

a lie.

Thank you rick for the post. But it truly does not prove a thing in regards to redenomination.

What happens to Iraqs IN country currency happens to ALL current IQD no matter where it resides.

To say this cannot happen this way, is to say what we hold of their current currency is really NOT their

currency, and we know that is plain silly. Gurus are flat out lying about this and ignoring what CBI and

Dr. Shabibi have ALREADY stated. No guru can ever deny that, and those that refuse to try and understand

this are fooling themselves. But to think anyone wants this? This thought only is stated in order to cause

yet more division, and it simply is not true.

If the truth about what history has shown is so annoying to so many, it only shows the denial that is

prevalent on all dinar sites. Let's hope for the best outcome, but we must pay attention to what CBI clearly

has stated.

All my best!

Jim

---

Jim,

You are a true gentelman. Extremely well said.

[greenzone]

CBI decides to restructure the Iraqi currency

22/06/2011 13:06

Baghdad, June 22 (Rn) – The Central Bank of Iraq, Wednesday, that he decided to restructure the local currency in order to develop the payment system in the country.

The appearance of Mohammed Saleh told the Kurdish news agency (Rn) that “the Central Bank of Iraq has decided to start the execution of the strategic and long-term specialized restructuring of the local currency to the development of the payments system in Iraq.”

He added that “the central bank will raise the level of local currency and the currencies of developing new approaches to reach U.S. $ 100, which would address the economic gap in the financial payments system in the country.”

He continued that “the project of restructuring the local currency, which started gradually need to support the government and parliament that he will organize the purchasing power compared Palmdjulat economy.”

He expressed the IMF in August / August, his support of the Iraqi economy in the event of having a number of economic measures including the privatization of banks and raise three zeroes from the local currency and to meet debt and compensation is the responsibility of Iraq.

The Iraqi government has denied any change in the local currency this year to reduce inflation.

The local Iraqi currency has gone through several changes in its history, most recently in 2004 when the former Governing Council replaced the previous currency, which was the symbol of the former regime.

The main tasks of the Iraqi Central Bank to maintain price stability and the implementation of monetary policy, including exchange rate policies, and management of reserves of foreign currency, and the issuance of currency management, as well as to regulate the banking sector.

Read more:

In all the Lop discussion we seem to be missing the mention of "August" in the article.

Does anybody have a read on that?

Could it be past tense referring to something that happened last August or this upcoming August?