umbertino Posted November 18, 2011 Report Share Posted November 18, 2011 You're kidding, right? The guy is joking around about chickens... and I'm just joking with him. What am I missing here? The only ones who got dissed here were the poor decapitated chickens..... Link to comment Share on other sites More sharing options...
TonyDownTheShore Posted November 18, 2011 Report Share Posted November 18, 2011 You're talking about two different things, if it lops you break even minus bank fee and spread when you bought the Dinar, if it goes 1 to 1 then you make an awsome profit, but Adam says .10 cents, so you still make a good profit. Link to comment Share on other sites More sharing options...
Jaxinjersey Posted November 18, 2011 Report Share Posted November 18, 2011 The only ones who got dissed here were the poor decapitated chickens..... Hahaha... chicken descrimination! And I thought everyone loved chicken?!! Link to comment Share on other sites More sharing options...
umbertino Posted November 18, 2011 Report Share Posted November 18, 2011 For relaxing mode... Awesome song by Stephen Stills-Manassas...(1972) Johnny's Garden http://www2.mrtzcmp3.net/Listen?a=5084m52467247&b=meIYb28&c=79efb2da80dc&d=628&artist=Manassas&song=Johnny%27s%20Garden Link to comment Share on other sites More sharing options...
Blu Collar Guru Posted November 18, 2011 Author Report Share Posted November 18, 2011 You're talking about two different things, if it lops you break even minus bank fee and spread when you bought the Dinar, if it goes 1 to 1 then you make an awsome profit, but Adam says .10 cents, so you still make a good profit. Thank you and Oh 10 cents & no lop I'm way ok with that! Sure would be nice if it was before Xmas and even better if it were before black Friday not that I'll be holding my breath! lol Link to comment Share on other sites More sharing options...
nemesis760 Posted November 18, 2011 Report Share Posted November 18, 2011 I don't get how changing the 25,000 notes changes what I paid for them in June 2011 and I will only get the original money I spent back if the current exchange rate is at 1.00 per dinar when I bought mine at approx 8.5 percent of a penny??????????? Because that 25000 note will be worth 25, which in turn means that when you cash it in at 1:1 rate you get $25, not $25,000... sorry if i am replying late... Link to comment Share on other sites More sharing options...
TonyDownTheShore Posted November 18, 2011 Report Share Posted November 18, 2011 Hahaha... chicken descrimination! And I thought everyone loved chicken?!! You guys are making me hungry again with all this chicken talk. 1 Link to comment Share on other sites More sharing options...
skitealwedrop Posted November 18, 2011 Report Share Posted November 18, 2011 It won't lop. 1 to 1 Exchange. I agree with you Alex. There will be no LOP in my opinion. I have posted many times that the RV will initially be 1 to 1. The IQD will increase in value over time as the Iraqi economy progresses, when that occurs. The Iraqi's better get there **** together quickly. We are out of there!!! Link to comment Share on other sites More sharing options...
RVCardinal Posted November 18, 2011 Report Share Posted November 18, 2011 Anyone that cannot tell you the day it is going to RV on with certainty, then cannot know what the rate will be when it RV's. Can only do that if you are a guru..... Some try to predict the RV every day, or week- but it's okay because some people are desperate for some fun and think of it as good, clean entertainment. Man have times changed... we've turned to reality t.v. and GURUS .... for a good time. Link to comment Share on other sites More sharing options...
USASHABIBI Posted November 18, 2011 Report Share Posted November 18, 2011 I believe it is: "Running around like a chicken with it's head cut off"... People who were raised on farms, having had chickens will understand this. ahhhhhhhh....not in my contry Link to comment Share on other sites More sharing options...
lakeliving Posted November 18, 2011 Report Share Posted November 18, 2011 Lol! You sound like a Native American Indian!!! Lol!!! That's funny...I read w/ an asian twist! Link to comment Share on other sites More sharing options...
RVCardinal Posted November 18, 2011 Report Share Posted November 18, 2011 ahhhhhhhh....not in my contry USASHABIBI, In your country they cut off a chicken's leg and not their head??? Interesting.... Link to comment Share on other sites More sharing options...
Jaxinjersey Posted November 18, 2011 Report Share Posted November 18, 2011 try to overlook the Jersey shore cast member. Oh Olive... that's just cold! Hey Tony... I think she's talking about you!!! Link to comment Share on other sites More sharing options...
lakeliving Posted November 18, 2011 Report Share Posted November 18, 2011 I don't get how changing the 25,000 notes changes what I paid for them in June 2011 and I will only get the original money I spent back if the current exchange rate is at 1.00 per dinar when I bought mine at approx 8.5 percent of a penny??????????? If this was a sure thing, we'd all buy 30 million...this is all a speculation. It could not rv for years or they could redenominate. I don't think they will "lop" (which is a made up term that I don't believe can happen). With that...GO RV!!!! Link to comment Share on other sites More sharing options...
USASHABIBI Posted November 18, 2011 Report Share Posted November 18, 2011 USASHABIBI, In your country they cut off a chicken's leg and not their head??? Interesting.... ahhhhhhhhhh....if you cut chiken head off... ahhhhhh....chiken cant see. Link to comment Share on other sites More sharing options...
Flyers1 Posted November 18, 2011 Report Share Posted November 18, 2011 You guys are making me hungry again with all this chicken talk. Speaking of chicken.. http://www.youtube.com/watch?v=TqGyXq_qqUU 2 1 Link to comment Share on other sites More sharing options...
midnitelady Posted November 18, 2011 Report Share Posted November 18, 2011 Lol! You sound like a Native American Indian!!! Lol!!! You have been watching tooo many old westerns. Native Americans do not talk that way. Again white man speaks with forked tongue. Link to comment Share on other sites More sharing options...
TPSprayduster Posted November 18, 2011 Report Share Posted November 18, 2011 I think he took bits and piece from the chat and now has everyone in an uproar. If it RV's .10 per dinar and with the spread you would break even. Now it is rate of 1 to1 without a LOP then of course after paying the spread and your taxes then you made out. Ask Adam that question and he can explain. Link to comment Share on other sites More sharing options...
TonyDownTheShore Posted November 18, 2011 Report Share Posted November 18, 2011 Speaking of chicken.. http://www.youtube.com/watch?v=TqGyXq_qqUU Funny stuff man. :lol: Link to comment Share on other sites More sharing options...
Flyers1 Posted November 18, 2011 Report Share Posted November 18, 2011 One of my favorites...thx Tony! Link to comment Share on other sites More sharing options...
Trigger the old biker Posted November 18, 2011 Report Share Posted November 18, 2011 ahhhhhhhh...in iraq we eat only chiken leg....ahhhh....so chiken then rock from side to side to run ahhhhhh.....very easy on sand Link to comment Share on other sites More sharing options...
HopefulTxn Posted November 18, 2011 Report Share Posted November 18, 2011 I think he took bits and piece from the chat and now has everyone in an uproar. If it RV's .10 per dinar and with the spread you would break even. Now it is rate of 1 to1 without a LOP then of course after paying the spread and your taxes then you made out. Ask Adam that question and he can explain. If it RV's at $0.10, then that would be a 10,000% (100 times) increase in value to the currency. Unless someone pay many times what a dinar dealer charges for their currency, at that rate there is no possible way of merely breaking even (ie 1,000,000 dinar X $0.10 = $100,000 USD). If it RD's (lops or whatever you want to call it), a 25,000 note will carry the same value as a 'new' 25 dinar note, so it would be a wash except for spreads, shipping, etc. Link to comment Share on other sites More sharing options...
CrappieShark Posted November 18, 2011 Report Share Posted November 18, 2011 COALITION PROVISIONAL AUTHORITY ORDER NUMBER 39 FOREIGN INVESTMENT Pursuant to my authority as Administrator of the Coalition Provisional Authority (CPA) and the laws and usages of war, and consistent with relevant U.N. Security Council resolutions, including Resolution 1483 (2003), It was my understanding that Iraq printed money for the purpose of people to be able to invest in Iraq to give Iraq currency to operate on while rebuilding the infrastructure of the Iraqi government. They then sold this money to banks and businesses who in turn sold it to investors (you and me and whomever). As investors no matter as a state, corporation or individual we are all to be treated equal according to this provision. There are way too many legal ramifications if one entity gets a certain payout and another gets something quite different. A lop as was explained to me would be one and the same as if the USA quit handling 1000.00 bills and you owned 100 of them. You would have a specific amount of time to change the 1000.00 bills to the now accepted currency equal to what you have. The only way Iraq gets rid of all the high notes is to give incentive for them to be turned in. To say you invested, thanks, and now we dont RV yet but we lop and take the Americans money, and then RV, is in direct violation to this provision and would be financial suicide to a country seeking investors. I do not believe if the three zeros are deleted that it will change the amount we have it will only be the new currency being printed and if done before the RV they will have to exchange our 25000.00 notes and 10000.00 notes and 5000.00 notes for the new currency. This is not going to happen either because they are not going to print 25 trillion new dinars just 15 billion. So then the 15 billion will have the value of the 25 trillion. Someone who can do the math figure what that difference is and you will have your rate for this is what CBI stated. Link to comment Share on other sites More sharing options...
HopefulTxn Posted November 18, 2011 Report Share Posted November 18, 2011 (edited) COALITION PROVISIONAL AUTHORITY ORDER NUMBER 39 FOREIGN INVESTMENT CPA Order 39 does not seem to have any relevance anymore. It was revoked in 2006 by Article 34 of Iraq's Investment Law of 2006. LINK But we will see what happens when it happens... Edited November 18, 2011 by HopefulTxn Link to comment Share on other sites More sharing options...
hame55 Posted November 18, 2011 Report Share Posted November 18, 2011 COALITION PROVISIONAL AUTHORITY ORDER NUMBER 39 FOREIGN INVESTMENT Pursuant to my authority as Administrator of the Coalition Provisional Authority (CPA) and the laws and usages of war, and consistent with relevant U.N. Security Council resolutions, including Resolution 1483 (2003), It was my understanding that Iraq printed money for the purpose of people to be able to invest in Iraq to give Iraq currency to operate on while rebuilding the infrastructure of the Iraqi government. They then sold this money to banks and businesses who in turn sold it to investors (you and me and whomever). As investors no matter as a state, corporation or individual we are all to be treated equal according to this provision. There are way too many legal ramifications if one entity gets a certain payout and another gets something quite different. A lop as was explained to me would be one and the same as if the USA quit handling 1000.00 bills and you owned 100 of them. You would have a specific amount of time to change the 1000.00 bills to the now accepted currency equal to what you have. The only way Iraq gets rid of all the high notes is to give incentive for them to be turned in. To say you invested, thanks, and now we dont RV yet but we lop and take the Americans money, and then RV, is in direct violation to this provision and would be financial suicide to a country seeking investors. I do not believe if the three zeros are deleted that it will change the amount we have it will only be the new currency being printed and if done before the RV they will have to exchange our 25000.00 notes and 10000.00 notes and 5000.00 notes for the new currency. This is not going to happen either because they are not going to print 25 trillion new dinars just 15 billion. So then the 15 billion will have the value of the 25 trillion. Someone who can do the math figure what that difference is and you will have your rate for this is what CBI stated. I agree with this scenario. The only difference I have with it is I don't think they have 25 trillion in outstanding currency on the global or local markets. I think that is a red herring they want us to chase to disguise the real money supply and make us believe they will lop. My opinion only. Link to comment Share on other sites More sharing options...
Recommended Posts