***Another juicy rumor?**

[bright]

thanks easy........i hope everything works out....it has been a long wait....

[Rdy_Stdy_GO]

I wonder if this is the same $3.86 that Randlan is talking about but @ .00386... One of these "MAKES MONEY"... while the other just "makes money..."

I'd take .00386 but I'd just waller in $3.86 WOO HOO... GO RV!!

[TonyDownTheShore]

Thanks guys for the posts, it sounds real good, lets hope it's true.

[sweet C]

let it be.....

[bodeen]

I've changed my mind. You can now call me Mr. 2012.

Welcome my friend.... Now lets talk about all the money we'll soon make from this investment...

[Usaok]

So much bs dont know what to believe ". Just sit back and enjoy the ride . I believe in myself and only what I can touch ."..can't touch this yet . Itnwill come ......

[Abarvets]

As my co-worker says "just show me the money". Thanks for the post Easy.

[cashman54]

$3.86 is fair.

You guys seem so suprised of how high a rate of $3.86, you say it like the US dollar is as strong as it was 10 or 15 years ago, inflation people, come on!

[Crow]

Can someone spot me a couple of g's so I can get a couple of millions!! Lol. I'm broke right now!!

THANKS FOR THE POST EASY!! We can only hope it's half true!!

[DAME1]

Easy I'm confused.....another Dame on F's forum?????

Wanted to make it clear ...I know nothing !!!!! Well other than what Possum tells me!!! :lol:

Hope your right and we all get a great big present !!!!!!

[pudge]

$3.86 is fair.

You guys seem so suprised of how high a rate of $3.86, you say it like the US dollar is as strong as it was 10 or 15 years ago, inflation people, come on!

Well yes...the reality of Iraq turning 30 trillion Dinar into 115 trillion Dollars would be quite the suprise.

[teddyruxbin]

Well yes...the reality of Iraq turning 30 trillion Dinar into 115 trillion Dollars would be quite the suprise.

I have no idea why you can't understand that figures mean nothing to the money masters of the world.

The united states is already 15 trillion in debt and nowhere close to backing it up,yet they continue to print more dollars.

These people want to destroy America and the Dollar,and will gladly do so to earn themselves a profit They don't CARE whats 'best' for Iraq,from the very beginning our entry into Iraq was all about profit.

If they are using the dinar to profit as well they will gladly collapse the infrastructure of Iraq if it will net them trillions in new revenue.Putting so much importance of 'official figures' is why I just can't take guys like you,Keep,and this Brian fella seriously.

Edited December 10, 2011 by teddyruxbin

[wood1521]

That is just about the way i was thinking it might go. let's watch and see.

[GinaG]

This was told to me in my husbands dream. LOL! True, still LOL!

[tommy17]

More bad info from the gurus. It was to RV this week, then the weekend and now it's monday! If they keep going like this we will wind up in 2013 without an RV! They should stop giving rates and dates.

I guess if anybody talks about something they hear they automatically a guru. I personally don't believe anybody when they say a U.S.T source . I do believe that gov officals have been spreading bogus info to discourage people when it doesn't happen. I don't think eagle1 does either, but it did come from somebody he knows and trusts. If true i'all be one happy camper

I have no idea why you can't understand that figures mean nothing to the money masters of the world.

The united states is already 15 trillion in debt and nowhere close to backing it up,yet they continue to print more dollars.

These people want to destroy America and the Dollar,and will gladly do so to earn themselves a profit They don't CARE whats 'best' for Iraq,from the very beginning our entry into Iraq was all about profit.

If they are using the dinar to profit as well they will gladly collapse the infrastructure of Iraq if it will net them trillions in new revenue.Putting so much importance of 'official figures' is why I just can't take guys like you,Keep,and this Brian fella seriously.

You nailed it on the head. Good Post

Franks Site is called Frankly Speaking.

It's a Site that U have to Pay to join but the Transcripts or a Summary of the Calls Usually gets Posted here for Free the Next Day.

I'm not sure if the Conference Calls are Free to Listen to though.

B)

No you don't have to pay to join, only if you join their V.P

[GhostDawg]

Do a little research on what the IQD was worth BEFORE Saddam was in power, go back a few years to say 1940's. The IQD was worth quite a lot. Why wouldn't or shouldn't it be at a rate similar to that or better now that he has been removed and they have progressed since then? More resources, more infrastructure albeit archaic compared to the US or even Russia. They have bounds more at their disposal than they did before Saddam.

History of the IQD in short:

Currency unit consisting of 1,000 fils or 20 dirhams. When officially introduced at the end of the British mandate (1932), the Iraqi dinar was equal to, and was linked to, the British pound sterling, which at that time was equal to US$4.86.

Iraqi dinar (ID) equaled US$4.86 between 1932 and 1949 and after devaluation in 1949, equaled US$2.80 between 1949 and 1971.

Iraq officially uncoupled the Iraqi Dinar from the pound sterling as a gesture of independence in 1959, but the Iraqi dinar remained at parity with the pound until the British unit of currency was again devalued in 1967.

One Iraqi dinar remained equal to US$2.80 until December 1971, when major realignments of world currencies began.

Upon the devaluation of the United States dollar in 1973, the Iraqi Dinar appreciated to US$3.39

It remained at this level until the outbreak of the Iran-Iraq War in 1980

In 1982 Iraq devalued the dinar by 5 percent, to a value equal to US$3.22, and sustained this official exchange rate without additional devaluation despite mounting debt

In early 1988, the official dinar-dollar exchange rate was still Iraqi dinar (ID)1 to US$3.22; however, with estimates of the nation’s inflation rate ranging from 25 percent to 50 percent per year in 1985 and 1986, the dinar’s real transaction value, or black market exchange rate, was far lower-only about half the 1986 official rate

1986–2003 between .33 cents to 1.32 to a dollar

Oil-production: 2.452 million bbl/day (2001 est.); note — production was disrupted as a result of the March-April 2003 war (2001 est.)

GDP: purchasing power parity — $58 billion (2002 est.)

Exports–partners:US 40.9%, Canada 8.2%, France 8.2%, Jordan 7.5%, Netherlands 6.4%, Italy 5.4%, Morocco 4.7%, Spain 4.4% (2002)

In october 2003, the official Dinar-dollar exchange rate was ID1 to US$0.00027

August 2004 till 2005, the official dinar-dollar exchange rate is ID1 to US$0.00068. Population: 25,374,691 (July 2004 est.)

Jan 1st 2006, the official Iraqi dinar-US dollar exchange rate is ID1 to US$0.00067

Dec 8 2012, the official Iraqi dinar-US dollar exchange rate is ID1 to US$0.00086 which some speculate is set artificially by the powers that be.

Sorry for the length, just thought I would help some people understand that it is not impossible for the IQD to RV/RI at the some of the rates that have been thrown out to us via the rumor mill.

[69mustang]

Do a little research on what the IQD was worth BEFORE Saddam was in power, go back a few years to say 1940's. The IQD was worth quite a lot. Why wouldn't or shouldn't it be at a rate similar to that or better now that he has been removed and they have progressed since then? More resources, more infrastructure albeit archaic compared to the US or even Russia. They have bounds more at their disposal than they did before Saddam.

History of the IQD in short:

Currency unit consisting of 1,000 fils or 20 dirhams. When officially introduced at the end of the British mandate (1932), the Iraqi dinar was equal to, and was linked to, the British pound sterling, which at that time was equal to US$4.86.

Iraqi dinar (ID) equaled US$4.86 between 1932 and 1949 and after devaluation in 1949, equaled US$2.80 between 1949 and 1971.

Iraq officially uncoupled the Iraqi Dinar from the pound sterling as a gesture of independence in 1959, but the Iraqi dinar remained at parity with the pound until the British unit of currency was again devalued in 1967.

One Iraqi dinar remained equal to US$2.80 until December 1971, when major realignments of world currencies began.

Upon the devaluation of the United States dollar in 1973, the Iraqi Dinar appreciated to US$3.39

It remained at this level until the outbreak of the Iran-Iraq War in 1980

In 1982 Iraq devalued the dinar by 5 percent, to a value equal to US$3.22, and sustained this official exchange rate without additional devaluation despite mounting debt

In early 1988, the official dinar-dollar exchange rate was still Iraqi dinar (ID)1 to US$3.22; however, with estimates of the nation’s inflation rate ranging from 25 percent to 50 percent per year in 1985 and 1986, the dinar’s real transaction value, or black market exchange rate, was far lower-only about half the 1986 official rate

1986–2003 between .33 cents to 1.32 to a dollar

Oil-production: 2.452 million bbl/day (2001 est.); note — production was disrupted as a result of the March-April 2003 war (2001 est.)

GDP: purchasing power parity — $58 billion (2002 est.)

Exports–partners:US 40.9%, Canada 8.2%, France 8.2%, Jordan 7.5%, Netherlands 6.4%, Italy 5.4%, Morocco 4.7%, Spain 4.4% (2002)

In october 2003, the official Dinar-dollar exchange rate was ID1 to US$0.00027

August 2004 till 2005, the official dinar-dollar exchange rate is ID1 to US$0.00068. Population: 25,374,691 (July 2004 est.)

Jan 1st 2006, the official Iraqi dinar-US dollar exchange rate is ID1 to US$0.00067

Dec 8 2012, the official Iraqi dinar-US dollar exchange rate is ID1 to US$0.00086 which some speculate is set artificially by the powers that be.

Sorry for the length, just thought I would help some people understand that it is not impossible for the IQD to RV/RI at the some of the rates that have been thrown out to us via the rumor mill.

Do a little research on what the IQD was worth BEFORE Saddam was in power, go back a few years to say 1940's. The IQD was worth quite a lot. Why wouldn't or shouldn't it be at a rate similar to that or better now that he has been removed and they have progressed since then? More resources, more infrastructure albeit archaic compared to the US or even Russia. They have bounds more at their disposal than they did before Saddam.

History of the IQD in short:

Currency unit consisting of 1,000 fils or 20 dirhams. When officially introduced at the end of the British mandate (1932), the Iraqi dinar was equal to, and was linked to, the British pound sterling, which at that time was equal to US$4.86.

Iraqi dinar (ID) equaled US$4.86 between 1932 and 1949 and after devaluation in 1949, equaled US$2.80 between 1949 and 1971.

Iraq officially uncoupled the Iraqi Dinar from the pound sterling as a gesture of independence in 1959, but the Iraqi dinar remained at parity with the pound until the British unit of currency was again devalued in 1967.

One Iraqi dinar remained equal to US$2.80 until December 1971, when major realignments of world currencies began.

Upon the devaluation of the United States dollar in 1973, the Iraqi Dinar appreciated to US$3.39

It remained at this level until the outbreak of the Iran-Iraq War in 1980

In 1982 Iraq devalued the dinar by 5 percent, to a value equal to US$3.22, and sustained this official exchange rate without additional devaluation despite mounting debt

In early 1988, the official dinar-dollar exchange rate was still Iraqi dinar (ID)1 to US$3.22; however, with estimates of the nation’s inflation rate ranging from 25 percent to 50 percent per year in 1985 and 1986, the dinar’s real transaction value, or black market exchange rate, was far lower-only about half the 1986 official rate

1986–2003 between .33 cents to 1.32 to a dollar

Oil-production: 2.452 million bbl/day (2001 est.); note — production was disrupted as a result of the March-April 2003 war (2001 est.)

GDP: purchasing power parity — $58 billion (2002 est.)

Exports–partners:US 40.9%, Canada 8.2%, France 8.2%, Jordan 7.5%, Netherlands 6.4%, Italy 5.4%, Morocco 4.7%, Spain 4.4% (2002)

In october 2003, the official Dinar-dollar exchange rate was ID1 to US$0.00027

August 2004 till 2005, the official dinar-dollar exchange rate is ID1 to US$0.00068. Population: 25,374,691 (July 2004 est.)

Jan 1st 2006, the official Iraqi dinar-US dollar exchange rate is ID1 to US$0.00067

Dec 8 2012, the official Iraqi dinar-US dollar exchange rate is ID1 to US$0.00086 which some speculate is set artificially by the powers that be.

Sorry for the length, just thought I would help some people understand that it is not impossible for the IQD to RV/RI at the some of the rates that have been thrown out to us via the rumor mill.

Sorry I hit the wrong button, thanks for the history lesson GhostDawg.

[vomer]

3.86 . . . that nets me a bit less than $6 mill. Yeah, that nets me a lot of lemonade, lawn chairs.

[lotsofdinar]

The GDP of the US in 2010 was $14 trillion. So why can't we just RV by 100,000 times? Seems like that could solve our financial problems. It still seems impossible that Iraq could RV at $3.

[carolinadukegirl]

I'm hoping, I'm hoping, Maybe..... Maybe......Maybe

Waiting for the music to do the happy dance

[captl1]

Well done Young Okie! Thanks Easy always enjoy your posts......Remember "They only tell and show us what they want us to see".......Could it be over 3.00 sure no one really knows. It's all spectulaion on their gdp and past and so on..."If you say you can't .....You won't"!!

[jmw]

Do a little research on what the IQD was worth BEFORE Saddam was in power, go back a few years to say 1940's. The IQD was worth quite a lot. Why wouldn't or shouldn't it be at a rate similar to that or better now that he has been removed and they have progressed since then? More resources, more infrastructure albeit archaic compared to the US or even Russia. They have bounds more at their disposal than they did before Saddam.

History of the IQD in short:

Currency unit consisting of 1,000 fils or 20 dirhams. When officially introduced at the end of the British mandate (1932), the Iraqi dinar was equal to, and was linked to, the British pound sterling, which at that time was equal to US$4.86.

Iraqi dinar (ID) equaled US$4.86 between 1932 and 1949 and after devaluation in 1949, equaled US$2.80 between 1949 and 1971.

Iraq officially uncoupled the Iraqi Dinar from the pound sterling as a gesture of independence in 1959, but the Iraqi dinar remained at parity with the pound until the British unit of currency was again devalued in 1967.

One Iraqi dinar remained equal to US$2.80 until December 1971, when major realignments of world currencies began.

Upon the devaluation of the United States dollar in 1973, the Iraqi Dinar appreciated to US$3.39

It remained at this level until the outbreak of the Iran-Iraq War in 1980

In 1982 Iraq devalued the dinar by 5 percent, to a value equal to US$3.22, and sustained this official exchange rate without additional devaluation despite mounting debt

In early 1988, the official dinar-dollar exchange rate was still Iraqi dinar (ID)1 to US$3.22; however, with estimates of the nation’s inflation rate ranging from 25 percent to 50 percent per year in 1985 and 1986, the dinar’s real transaction value, or black market exchange rate, was far lower-only about half the 1986 official rate

1986–2003 between .33 cents to 1.32 to a dollar

Oil-production: 2.452 million bbl/day (2001 est.); note — production was disrupted as a result of the March-April 2003 war (2001 est.)

GDP: purchasing power parity — $58 billion (2002 est.)

Exports–partners:US 40.9%, Canada 8.2%, France 8.2%, Jordan 7.5%, Netherlands 6.4%, Italy 5.4%, Morocco 4.7%, Spain 4.4% (2002)

In october 2003, the official Dinar-dollar exchange rate was ID1 to US$0.00027

August 2004 till 2005, the official dinar-dollar exchange rate is ID1 to US$0.00068. Population: 25,374,691 (July 2004 est.)

Jan 1st 2006, the official Iraqi dinar-US dollar exchange rate is ID1 to US$0.00067

Dec 8 2012, the official Iraqi dinar-US dollar exchange rate is ID1 to US$0.00086 which some speculate is set artificially by the powers that be.

Sorry for the length, just thought I would help some people understand that it is not impossible for the IQD to RV/RI at the some of the rates that have been thrown out to us via the rumor mill.

Yes...but that is when Iraq had about 20 billion in circulation....now that they have over 30 trillion...at the rate of $3.86 their money supply would be worth over $100 trillion US....Now all of the currency in the entire world has a US equivalent value of about $60 Trillion. So now a war torn Iraq that can barely keep their electricity working is going to be worth twice what the combined value of the rest of the world..and they are going to back that with about 100 billion in annual oil production?...really?

[Larry V]

More smoke just go out and buy more and more and it will never happen. Hope I am wrong and you are right

[captl1]

More smoke just go out and buy more and more and it will never happen. Hope I am wrong and you are right

Good Attitude!

[DinarBot]

Many things are Juicy. Worms. Snails. Humans.