Here is what is going to happen!!

[dpa820]

Thanks Sonny for all of your help and positive thoughts. God bless you!!!

[sonny1]

but when sonny1, when? They are getting imf loans as we speak rather than do this rv. As i see it, we wont see this happen till summer at the soonest.

kap if i knew this i surely wouldnt be on my computer, but it does state in the imf laws that a country that recieves a loan from the imf, has to have a valid, tradeable currency.

[bobbythetank]

What so ever ye ask for , believe with absolute faith that you will get it, and ye shall receive

[tbush]

Sonny1 do we have to cash in during the window? Do we lose out if we wait?

[sonny1]

sonny is their anyway we could hold on to some of our dinars and cash them in later. Ill be glad to get 1.00 or alittle over but for someone who has 4million dinar could cash one half of them in.

misty, imo, iraq is only going to give us a certain time frame to cash our dinar in. I dont think iraq is going to want to play the cash-in whenever you want game!!! I think the rate it comes out at is going to be thae rate we cash-in at. Imo

[kaperoni]

kap if i knew this i surely wouldnt be on my computer, but it does state in the imf laws that a country that recieves a loan from the imf, has to have a valid, tradeable currency.

Sonny1, they got an IMF loan back in 2006 i think and paid it off in 2008. So apparently the dinar meets this criteria.

[sonny1]

sonny1 do we have to cash in during the window? Do we lose out if we wait?

well yes if they give us a cash-in window which i believe they will, if you dont cash-i in that period you will lose out

[Kathleen]

i am with ya sonny!!!!

[sonny1]

sonny1, they got an imf loan back in 2006 i think and paid it off in 2008. So apparently the dinar meets this criteria.

yes but different times though, they were at war, and the u.s had alot to do with that loan

[SeekYeFirst]

kap if i knew this i surely wouldnt be on my computer, but it does state in the imf laws that a country that recieves a loan from the imf, has to have a valid, tradeable currency.

I haven't checked the IMF yet, but do they have to have the valid, tradeable currency when they RECEIVE the loan, or just when they pay it back? If the latter is the case, that pushes the clock back a bit.

[Dinar42]

I haven't checked the IMF yet, but do they have to have the valid, tradeable currency when they RECEIVE the loan, or just when they pay it back? If the latter is the case, that pushes the clock back a bit.

A clock? LOL

[Traconesu02]

Sonny1, Thank you for explaining this so well. You have explained many many times in the past that there would not be a lop, as it would not benefit the iraqi people. When a new rumor of a lop, raises its ugly head again, we are back to square one with trying to explain what is going to happen. I have always just ask myself the question, "What would be best for the iraqi people", and rumors like that do not affect me in the least. Hopefully this will be put to sleep once and for all with this post.

Thank You.

[DStars]

Sonny,

What, if any, are your thoughts about current Warka account holders?

Will they be able to gain or cash out in both the first and second rounds?

Do you think it might be wise to keep some dinars in a Warka account after an initial RV?

Thanks mucho.

[timsters]

hey sonny just for conversation how bout those bunnyears lolodont worry i get it !!

[skelly]

just remember that this is all speculation....no one here knows what is going to happen

[keylime]

you have to be realistic about this and understand how economics works. it is not going to go up 1000% one day. i hope i am wrong

Maybe not "one day" but hopefully Over Night.

[Dinar42]

Maybe not "one day" but hopefully Over Night.

-or sometime around sunrise maybe!

[keylime]

-or sometime around sunrise maybe!

I like sunrises. A RV sunrise would lead to a lot of tequilla sunrises.

[possum]

Lol, I use to be brainwashed too! I bet the US gov and other governments got real sweet options on their dinars years ago at price way lower than what the market price is today or any future RV price.

Thus, Iraq can lop and redom very low and keep the US govt happy but the heck with the speculator-you and me.

[sceagles]

Good post. I hope it happens soon!

[keylime]

Lol, I use to be brainwashed too! I bet the US gov and other governments got real sweet options on their dinars years ago at price way lower than what the market price is today or any future RV price.

Thus, Iraq can lop and redom very low and keep the US govt happy but the heck with the speculator-you and me.

There's a thought. But they still have to take of their own people. Funny. My computer dumped all of its memory this morning. But I was able to get it all back with a Restore application. Perhaps you will get your memory back with a "Revalue" application.

[skelly]

this is not about "speculator-you and me" it's about what is in the best interest of iraq. keep that in mind

[aratron]

Sonny, thanks you for some lucid, concise, simple news about how this investment will EVENTUALLY pan out. You make very good points and I appreciate your input.

The way the global economy moves at a pace that would make a slug look like a comet, it is very refreshing to have a levelheaded investor as a contact.

Peace, Love, and as always DOPE

Edited February 24, 2010 by aratron
spelling

[Short6]

Then why is the CBI not being clear about the RV or LOP or RN? is this deliberate? If their plan is disinformation, they are worrying me to death! Just be honest Iraq and clear! and that goes for the "Pumpers" also! You don't know who to trust??????

[jam_az]

I think with that logic, the rate will need to be higher. The big speculators will find a way to hold on for the higher rate and Iraq wants their larger denoms at home.