All: This board will be closed to further posting unless or until someone steps up who wants to Moderate here fairly and consistently based on the TOU.

If you have any interest in actively Moderating this board, please send me a private message.

Zebari met with Russian Ambassador - Foreign declare success removing Iraq from Chapter VII

3/17/2010 8:24:38 PM

Baghdad, Hussein agricultural
Foreign Ministry announced it has achieved success as part of its tireless efforts to end the restrictions imposed on Iraq under Security Council resolutions adopted under chapter VII of the relevant disarmament. The Foreign Ministry statement said: "In the light of letters sent by Foreign Minister Hoshyar Zebari in this regard to the Director-General of the IAEA International Atomic Energy Agency, Yukiya Amano, who in turn drew on 11 / 3 / 2010 letter to UN Secretary-General of the United Nations and member states of the Security Council, which confirmed that the agency has received excellent cooperation from Iraq in the implementation of its agreements under the comprehensive safeguards, which allowed the agency to do their activities in effective and efficient, and Iraq pledged to the provisional implementation of the Additional Protocol pending its entry into force, is the latest example of this cooperation. "She added:" This message came in light of the efforts made by the Ministry of Foreign Affairs to end the restrictions imposed on Iraq since 1991 under Chapter VII, to return and occupy its international and consistent with its role in the international arena. "to that search and Foreign Minister Hoshyar Zebari met Valeran Xu faen Ambassador of Russia in Iraq strenuous diplomatic efforts to get Iraq out of the provisions of Chapter VII.," said a foreign ministry statement on Wednesday: "Zebari Search Valeran during a meeting with Russia's ambassador Xu faen Federal growing bilateral relations between Iraq and Russia also discussed Iraq's tireless diplomatic efforts to get Iraq out of the provisions of Chapter VII and review the progress scored significantly in the area of disarmament and weapons of mass destruction and end the issue of contracts outstanding and controversial oil for food program. " He added: "The Iraqi government will be a message before the end of this month to the Security Council to confirm Iraq's fulfillment of its obligations remaining on this program." Abbarassador part of Russia's support for the democratic experience in the country in advance congratulations of his government's successful general election.

http://translate.google.com/translate?js=y&prev=_t&hl=en&ie=UTF-8&layout=1&eotf=1&u=http%3A%2F%2Fwww.daraddustour.com%2Ftabid%2F94%2Fsmid%2F408%2FArticleID%2F10347%2Freftab%2F38%2FDefault.aspx&sl=ar&tl=en

Here are a few links that may be helpful post RV for all Dinar investors.

What RV we have told you over and over again that, thats not going to happen, what part of 'NO' don't you understand?...

OK, everyone back to your rooms! LMFAO that was killing me. memories!

Ema- remember strong did scan it and we all looked at it and turned out to be older Swiss dinar or something like that, and thats pretty much when strong started getting fed up, cause i'm sure he felt pretty dumbfounded. Pretty sure went something like that

Election - http://www.google.com/search?q=Iraq+Elections&hl=en&rlz=1C1CHNY_enUS368US368&tbs=nws:1&tbo=u&ei=UWCiS5-cM82UtgeM3ZVs&sa=X&oi=news_group&ct=title&resnum=1&ved=0CBcQsQQwAA

1 - Iraq election: Nouri Maliki leads in seven provinces?
2 - Reuters Iraq's election adds to sectarian divide
3 - US set for Iraq pullout following elections?

As long as they DO NOT LOP, which they are not and they Revalue their money ... YES!!!

ESPECIALLY now that they are 80+ debt free. In two years their planes will be flying and Producing Revenue and repaying themselves back.

Do you honestly think for one second that they will pay for those planes with Dinar?
You really think Boeing will accept Dinar for an airplane?

Under contract to buy a fleet of 55 new Boeing 737s, 777s and 787s which were not due to arrive until 2013. - How would they buy them at their current Dinar Value ? ? ? ...... Revalue ... WHY WOULD THEY LOP ...

Guys, there is a link out there that says this. Help me find it.

Remember well lol, that 1 dinar note had everyone in a tizzy!

News & Video
http://blackhillsportal.com/npps/story.cfm?id=3672

Headline News

Iraq Dinars to Revalue
Are dinar investment risks worth taking?

By James A Smith PhD MsF


New Iraqi Dinar at SCGS US


Iraq Dinars to Revalue

Are dinar investment risks worth taking?

Risks vs. Rewards


“More money has been lost with indecision than miss decision, review your options, make your decision, get in or stay out and move on “ states Smith

No investment will ever be risk-free. The sooner one focus on earning rewards rather than letting their fear of risks paralyze them, the sooner they will become successful. “ Ever ones life involves functioning with uncertainty ” according to James A Smith. Risk is something to be acknowledged, not avoided; it is impossible to totally avoid risk.

Iraq Dinars to Revalue , is this a statement or a question? The dinar will revalue, all currency does, the question is when and to what value? There have been much speculation and many predictions. Today’s facts point to this year, why? The US and UN have committed to their withdrawal and will stick to it unless there becomes un control unrest.

The dinar has bee undervalued right from its re-release in October 2003 for a number of reasons. Today Iraqi and its citizens have a strong hold on freedom and business growth. Thousands of companies from all around the world are competing for the opportunity to work with Iraq and its people.

Iraq’s natural rescores far out strip its debts and projected costs of recovering its rescores. Oil is by far its number one asset and a huge asset it is, quite possibly over a hundred trillion dollars in today’s value, possibly ten times that in value over the next fifty years.

Not with out a struggle, Iraq has achieved many years of freedom and with this freedom Iraq has seen the start of positive cash flow and huge investment opportunities for both Iraq and other countries.

The Iraqi Dinar investment risks exist without a doubt. Whoever tries to tell you that investing in Dinars is a sure way of becoming rich are not being entirely honest with you. However, investors must remember that risks and rewards always move hand in hand. Investments with high potential rewards also carry high potential risks. To make your judgment you need to understand what the existing situation in Iraq is, what it was before the war, and how it could change in the future.

Do you have the financial assets and investment needs to go ahead with this investment? If you pay $40 US dollars you can purchase a minimum of 25,000 new Iraqi Dinars. Speculators say that in the following years the value of the dinar might appreciate anywhere from 3000 to 8000%. If those speculations are true, would you risk your 40 dollars? .

There is no doubt that you could make thousands or even millions of dollars with a properly timed entry and exit in the New Iraqi Dinar. Before purchasing your New Iraqi Dinars, you should feel optimistic about how the new Iraqi government and security forces will be handling problems in the future.

Right now the New Iraqi Dinar is not traded on an open market foreign currency exchange. As soon as Iraq becomes able to defend itself and once the new government shows more stability the Central Bank of Iraq might decide to release the New Iraqi Dinar onto the foreign currency exchange market. When this happens, investors will want to see some positive signs of security and economic improvement in Iraq.

Only buy dinars from dealers that can provide you with a guarantee regarding the authenticity of the notes they are about to send you. If you don't, you might end up with counterfeit notes. Some dealers have a Da La Rue machine used to authenticate the dinars. Others rely on their suppliers to do the authentication. No matter what the case may be, as long as they provide you with a guarantee, there should be no problem.

In some cases, there could be problems during delivery similar to those of any other items that are delivered through the post. Dinars can be sent in different ways, including registered mail or courier. Check to see what the dealer's policy is regarding shipping.

Iraq Dinars to Revalue this is a statement.

Links for After the RV

Here are a few links that may be helpful post RV for all Dinar investors.

New Luxury Cars reviews:
http://www.motortrend.com/new_cars/27/luxury_cars/index.html

Luxury real estate:
http://www.luxuryrealestate.com/


Wealth Managment:
http://www.wealthmanagementexchange.com/


But for all of the Lopsters who sold out all or most of

your dinar here are a few links you may need after the RV:

http://dasis3.samhsa.gov/

http://www.counsel-search.com/

http://4homeless.hypermart.net/soup_kitchens.html

http://suicidehotlines.com/


Go DINAR!~

IQD in @ .0009 HOLD!~ HOLD! HOLD!~

hmmm ya me to, what gives

says invalid URL

did that, no luck

Old Article? LOL
So that's the explanation of this... it was written in 2008?

http://www.zawya.com/story.cfm/sidZW20100315000097/Iraq%20Ctrl%20Bank%20Plans%20To%20Rebase%20Dinar;%20No%20Time%20Fixed%20Yet
If the rebase decision is taken it means a current 25,000 Iraqi dinar banknote will become IQD25, and a dollar will equal only 1.17 dinars.

Well... maybe some should point this out. How in 2008 did they know the rate would be 1170 now. It didn't become 1170 until 2009.
"the value of the Iraqi dinar which is trading Monday IQD1,170 against one US dollar."

And before they change the story to "It was written in early 2009"
Might as well point this out too. Pretty amazing to write about December 2009 in the past tense.
"The inflation rate fell to 6.1% in December 2009"

try clearing your catche files

How does that in any way at all suggest no lop?
He might as well have stated... "It snowed last night, so no lop"

Bad link.

ema - Proof NO LOP!

This is right from the CBI to the banks and this would be impossible to do with a Lop.



Republic of Iraq
Central Bank
of Iraq
Directorate General of the banking and credit control

Issue 9/3/1216
Date: 10/3/2010


To the banks approved the exercise of all banking
The country's Islamic Bank for Finance and Investment
M / capital increase

-------------------------------------------------- ----------


Based on the decision of the management of the bank adopted its session numbered 1454 and held on 18/2/2010

Oblige you decide to raise capital Massarvkm to 250 billion dinars during the period (3) years from the date of the decision of the Council above and as follows: --

- 100 billion dinars during the one year of the Council's decision.
- 150 billion dinars during the two years of the Council's decision.
- 250 billion dinars during the three years of the Council's decision.

- In the case of non-completion of capital to the extent possible within the period specified above cancel leave granted to the bank based on the provisions of paragraph (d / 1) of Article (3) of the Banking Law No. (94) for the year 2004.

With appreciation


Director-General and the agency
To monitor the banking and credit

Idi Walid Abdel Nabi

http://72.52.252.89/isxportal/portal...ryId=83&type=1

Sponsored: Iraqi Currency Dinar Currency Iraq Dinar Dinar Trade
New Iraqi Dinar Dinar Exchange Rate Buy Dinar Investing in Iraqi Dinars

YFinder's - If I may use our currency as an example: But first, let me say that we only see 100.00 bills as the largest, in-circulation currency.

We used to print of $500, $1,000, $5,000 and $10,000 bills, but they were mainly used for bank transfer payments and are no longer needed in our digital age.. I quote " While these notes are legal tender and may still be found in circulation today, the Federal Reserve Banks remove them from circulation and destroy them as they are received."

Think of the LOP as the same thing... right now with 1 IQD = .0008xx USD, you MUST use a 10K bill or greater to pay for things becaues it takes SO MANY DINAR to do it. Japanese Yin, Lira, etc... (all before they did the same thing.) I personally remember being in italy and a meal costing several thousand Lira... lol... but it only cost us a few dollars USD.

So, as you can see... IF someone makes a mistake and tenders you a 1000.00 bill (that could still be in circulation and has escaped recovery by the treasury.) It is legal tender and you will be one very lucky person.

It's as I said before; their govt will 'capture' these bills as they are turned in and slowly remove them from circulation. Your's will still retain face value... The real question is at what exchange rate? 2:1, 2.6:1, <Gasp> 3.x:1?

If they did NOT take these out of circulation, who could make change for them anyway? it's hard enough here in the US to get change for 100.00 bills let alone a 1,000.00 bill.

here is the link to OUR treasury department and It's my hope that our past will make our IQD future easier to understand. The money we HOLD will not change, but simply be replaced as it's 'cashed in.'

Go Dinar - Soar like an eagle on the wings of Freadom!

U.S. Treasury FAQ's

Oh, and what we PRINT each day:
Production

yes they are def low for sure. But your intent to show ... suggest that the real effective exchange rate is lagging is just another ploy and goes against what the CBI has stated. So the IMF posted a report so what. They ALSO lent the CBI 3.86 Billion

Some IMF SBA highlights
Or maybe lowlights.

http://www.imf.org/external/pubs/ft/scr/2010/cr1072.pdf

32. The lack of data and large structural changes in the Iraqi economy preclude any meaningful estimation of the equilibrium real exchange rate. A very crude assessment suggests that the dinar is broadly in line with fundamentals.4 With the drop in oil prices, it appears that a possible prior undervaluation has disappeared, and that the dinar could even be somewhat overvalued.

4 Rough estimates based on the external sustainability approach aimed at determining the current account balance that would stabilize the country’s net foreign asset position relative to GDP suggest that the real effective exchange rate is broadly in line with the equilibrium real exchange rate. The current account norm for 2014 was estimated at a surplus of 2.9 percent of GDP. Under current projections, the current account surplus isexpected to be only marginally lower than the norm in 2014.

55. Staff supports the CBI’s intention to continue to manage the exchange rate with a view to keeping inflation under control. Although difficult to assess, the exchange rate appears to be broadly in line with fundamentals, taking into account the expected increase in oil production.

6. With headline and core inflation low, the exchange rate has been stable since the beginning of 2009. The policy interest rate has been reduced gradually to 7 percent. Net international reserves increased to $50.2 billion at end-2008, but have fallen to $44 billion at end-2009, reflecting the drawdown of the government’s deposits with the CBI

The Plan.

so

no you don't, you have had a hidden adjenda from day one. And you know what I am saying. I have been jere since the beginning. That is the reason I was banned because I would not allow you to spread your crap. Well bud the ride is nearly over dude. You will end up spreading your last crap to a rumer board that no one posts on.

Whole lot of posts being deleted over at the other board.

I work as an Aerospace Engineer. I do design work on a computer and work on some pretty big files. So while the computer is chugging along, I have time to read the internet. Only takes a few seconds here and there.

agreed...what a bunch of crapola that is, nothing like capitalizing on the Dinar fenzy at that website which is nothing more than people blowing hot air...

I cannot argue the fact of the plans with the IDQ. I think at the end of the day you will be correct. However, how do you make your living spending all day involved in a Rumor Board?

I like informing people of an obvious scam.
Like this.
Iraq has announced removing 3 zeros and making the new dinar worth 85 cents.
There are two outcomes being predicted.
I predict that it is a normal redenomination/lop, just like Turkey and Russia and other countries have done about 70 times in the last 30 or so years, just as the articles state. Iraqis will trade in 1000 of there current dinars for 1 new dinar and that will remove 3 zeros from the money supply numbers... reducing from trillions to billions.

The other prediction being told to people is that Iraq has preannounced a 100,000% increase in the value of the dinar they hold. That they will turn in their big notes for an equal number of smaller notes (25k note for 25K in smaller notes). That will reduce the money supply numbers by not one single dinar, NOT ONE.
Iraq having made this 100,000% increase announcment is still selling dinars for a rate of 1170 per dollar and anyone in the world can get them for near that rate until the announced rate is put into place.

One of those predictions is normal. One is so crazy it defies description.

If I ever venture into another investment similar to this... I hope and pray there will be someone like me there that is very informed about it... and doesn't let the scammers spread misinformation unchecked.

Can I ask you one question? - Why in the hell do you waste so much time posting all your messages plus get yourself banned from the IQD-Board if you are 100% sure the Dinar is a joke? Makes no sense to me. Do you just love typing that much???

So! the DOW JONES NEWSWIRE creats links that do not work ... lololo

this is to much fun, but I have to go for the night. Last post

Face it everyone...


No one really has any real justifiable links. It's all speculation and rumor at this point.

Things we don't know:

How many Dinar are truely in circulaion.
What the CBI intends to do to restore Iraq to the people.
If revalue how much and when.
If a LOP do they do it after the revalue.

Things we do know:

CBI is msking strong headway in the means of bringing the Dinar to a stronger value.
Inflations is way down.
Terrorist threat level is way down.
Election went successful, so far.
Iraq is buying back Dinar.
Investors are looking at iraq with new light.

I could go on and on for both cases. In the background the plan has already been laid. We will just have to wait and see what happens.

Please if you have any legit links post them. No bull links like blogs etc.

Wayne... what are you talking about? "Telling the leaders of this country:????? HUH?
The article you linked... it is credited to "Dinar into Dollars". They are dinar dealers.

It amazing that you claim I'm trying to decieve.
My articles today were from DOW JONES NEWSWIRE.
Then you post stuff written by dinar dealers?
It's obvious here who's decieving.

lololo LMAO and "YOU" are telling the leaders of this country that you have a beter way. YET!!! you spend time on a message board making no money when you could be earning hundreds of thousands running countries ... lololo That was a good one Aero

No... even back then dinar dealers and their pumpers were writing crap like that to confuse people and put out misinformation about redenominations.
That was written by a lightweight.
So what Afghanistan had 4 different currencies. They could have just done a 1:1 exchange if that was the only reason. They lopped 3 zeros because there had been masive inflation and the exchnage rate had fallen to 50,000 to 1. They lopped 3 zeros and went to 50 to 1.
Russia got their inflation under control before lopping... just like Iraq has.

Dinar Daddy is now charging $15 a month to see all the misleading info.

YOU mean ya gotta pay to get lied to now,lol... toooo funny!

Guys - Zero Lop or Zero Lopping the Dinar Analysis
Zero Lop or Zero Lopping the Dinar Analysis
Dinar into Dollars - [7/13/2006]

EVEN BACK in 2006 they were not talking LOP

Both Russia and Afghanistan are countries who have zero lopped their currency.
Lets look at their situations in relation to the Iraqi Dinar and the speculation and
rumors about Iraq doing a zero lop on their currency:

Afghanistan had 4 types of currency in circulation as a result of a civil war. It was
unknown how much of each was in circulation. For the people and the
government, this was a very difficult situation. As a result, the currency kept
losing it's value. They needed something both credible and efficient to use as
currency. You did not want people carrying around bags of money since
everything is cash based. Their zero lop happened at the same time as they
printed new currency to replace the confusing mix they had before. This ensured
everyone had the same currency, there was a known amount in circulation, and
people could buy and sell things with few notes. It has little in common to the
Iraqi Dinar and the speculation about the zero lop. Iraq has already
printed and established a single national currency, with secure features
and knows exactly how much is in circulation. The Dinar denominations are
already designed to carry high or low values without carrying around sacks of
money. It makes no sense for them to change the face of the currency, when
they are talking about increasing the value to fit their economic goals.


Russia performed zero lopping to their currency in 1998. They did this in
response to hyperinflation and to restore confidence in their currencies structure
and value. Iraq has roughly only 20% inflation. Russia also had denominations
that went too high - they had denominations of 5k, 10k, 50k, 100k, and 500k -
which were replaced with denominations of 5, 10, 50, 100 , and 500. In
comparison, Iraq's highest denomination is the 25k and has denominations all the
way down to 25 Dinar. If Iraq did zero lopping off the structure of the bills,
they would overlap denominations that already exist. This does not make
sense or fit the stated goals with the Iraqi Dinar. It seems that a zero lop, or
zero lopping would not occur with the denominations of the Dinar, but by
increasing it's value with a revalue that would benefit their economy and their
poor in a positive way.
http://www.iraqdirectory.com/DisplayNews.aspx?id=1677

lolololo Error 404: Not Found

Sparky... check this out...

This link no longer works, but I bet if you serch Hugh Tant and dinar... the info is in other places too.

http://www.usip.org/library/oh/sops/iraq/sec/tant.pdf

A few highlights.

Brigadier General Hugh Tant, retired, is a career army officer who has extensive experience in financial management. Most recently, he spent five-an-ahalf years in charge of two-thirds ($44 billion) of the Army's budget. He volunteered to lead the currency exchange program in Iraq. He was stationed in Iraq from September 2003 to January 2004. The currency exchange program ran from October 15 2003 to January 15 2003.
Currency exchange was necessary for five reasons; (1) two currencies were in circulation, the old Swiss dinar in the north and the Saddam dinar in the rest of the country; (2) inadequate numbers of denominations existed, the Swiss dinar came in 3 denominations and the Saddam came in only two denominations;
(3) the currency was poorly made and easily counterfeited; (4) the Saddam dinar had been devalued and the public had little trust in it; (5) the presence of Saddam on the currency was inappropriate.

TANT: You had the Central Bank which answered, of course, to Saddam. And whenever he directed, they had to print more money, which was a negative inflationary monetary policy. That was one of the reasons why the currency had to be replaced.

But, in the great majority of the country, they had the Saddam dinar with Saddam's face on it. There were basically only two denominations of that: there was a 10,000-dinar note, which was worth about $5, and there was a 250-dinar note, which was worth about 12.5 cents, 12 cents. The reason its value had dropped so low was because of Saddam’s inflationary monetary policy. In comparison, back in the '80s, before the Saddam dinar came about, the rate of exchange was about $3 to one dinar. But because of Saddam there was now a total upside-down situation where one dollar was worth about 2,300.


So they were using only two denominations of Saddam dinars. the 250 and the 10,000.
So Emma is trying to get you to believe that Iraqis were running around in dirt poor Iraq with only $750 and $30,000 bills.
Here... I found more....
http://georgewbush-whitehouse.archives.gov/ask/20031120.html
"Right now, the majority of notes in the central and southern parts of Iraq are either 250 dinar or 10,000 dinar. Nothing between them."

More...
http://www.iqdclub.com/pages/3/index.htm
The dollar is being exchanged at the time of writing at ID 1500 using ID 250 bills and at ID 2000 using the ID 10,000 bill. The exchange rate is very volatile, from ID 2500 just before the war, down to ID 1000 several weeks back, then up to ID 1650 a few days back

Wayne... where do you get this crap from?
Venezuela was recent lop and this is what they did. Every country that lops has two currencies running for however long the exchange period is.
http://www.reconversionbcv.org.ve/pdf/TripticoColorIng.pdf
When does the transition period begin and how long will it last?
As of January 1st, 2008 the “bolivar fuerte” will start
circulating and for a period no shorter than six months will
circulate simultaneously with the current bolivar; this means that these last ones will continue circulating and people will be able to use them the same way they are used at present. During the transition, the payment of any goods or services may be made with both currencies but keeping the equivalences: if a kitchen costs Bs.F. 800, it can also be paid with Bs. 800,000.
In order to make the learning of the equivalences easier, starting on October 1st, 2007, all goods and services, for example, magazines, menus, school registrations, publicity, classified adds, public services, groceries, among others, should be marked in current bolivars as well as in “bolivar fuerte”. So,
for example, home appliances stores should include in the labels of their products the description of the prices both in “Bs.” as well as in “Bs.F.”.

Again Guys ... Aero has no credable link into the scorce of his claim. The scorce he is showing is not a credible scorce. He said, "Can't get much clearer." meaning a LOP, THAT IS NOT CLEAR But the CBI "Can't get much clearerer" when they say the .000 notes will be "Graddualy removed through out 2010. That you can find on their web page.
In a LOP you must reprint new bills to replace the devalued ones and remove the old notes at a much quicker speed. The CBI is removing those notes through out this "WHOLE YEAR"
Comparing other places to Iraq is not smart. The reason is we have a "NOVEL" situation here with many possative things that sets Iraq appart from those other Countries.


====================================================
Points of Great Stride. Iraq's Dinar is doing great.

Iraq "IS 80+% Debt Free" ... WHY WOULD THEY LOP ...

Iraq's Dinar "WILL BE" Globally recognized as a Iraq’s Currency by the first Quarter of 2010 ... WHY WOULD THEY LOP ...

The bank spends $1 billion to $1.5 billion every month in oil revenue to buy Iraqi dinars on the open market, said Mudher M. Salih Kasim, senior adviser to the bank. ... WHY WOULD THEY LOP ...

December 15th 2008, Iraq bought back 282.5 billion dinar ... WHY WOULD THEY LOP ...

Iraq became a SOVERIGN NATION on 1/1/09 Countries are forgiving BILLIONS of Iraq's debts ... Which will mean Iraq would be close to Debt Free with their NEW START ... 80+ percent reduction on sovereign debt ... WHY WOULD THEY LOP ...

Inflation went from 74% down to 14% 13.6% sinse last year ... A Major Plus ... WHY WOULD THEY LOP ...

The U.S. Federal Reserve (A Private Company) did in fact exchange 7.5 Trillion IQD for $5 Billion USD to accumulate $100 Million per year in Interest via U.S. Treasury Bills for Iraq. ... WHY WOULD THEY LOP ...

They have to buy 5 Oil Tankers - How would they buy them at their current Dinar Value ? ? ? ...... Revalue ... WHY WOULD THEY LOP ...

They have under contract to buy 5 new Jet Liners (10 - 787's) - How would they buy them at their current Dinar Value ? ? ? ...... Revalue ... WHY WOULD THEY LOP ...

They said in 2008 they are to revalue the currency, but they can not because they need to get through options ... they are looking to drop 3 zeros ... WHY WOULD THEY LOP ...

Inflation has also is the lowest in 17 Years ... WHY WOULD THEY LOP ...

IRD has increased in value since 2003. From 2000.00 to current 1170.00 ... WHY WOULD THEY LOP ...

IRD is the most secured currency in the world from fraud. ... WHY WOULD THEY LOP ...

IRD is new, and the only currency in Iraq ... WHY WOULD THEY LOP ...

LOL!

Jeez… use to be nice to pop in to Dinar Daddy’s site to see what all the pumpers were saying. Dinar Daddy is now charging $15 a month to see all the misleading info.

Wow... mighty quiet.
The pumpers must be on a conference call with Ali right now figuring out how to explain/confuse this latest statements.

Can't get much clearer.

http://articlesofinterest-kelley.blogspot.com/2010/03/iraq-central-bank-plans-to-rebase-dinar.html

If the rebase decision is taken it means a current 25,000 Iraqi dinar banknote will become IQD25, and a dollar will equal only 1.17 dinars.

Currency rebasings are usually monetarily neutral and are introduced to make commercial calculations easier and cheaper. Turkey, for example, knocked six zeroes off its lira currency in 2005. Russia did the same for its currency.

Again... same as Turkey and Russia... NOTHING NOVEL HERE.

Botat -

What if any chance do you see all this hold out regarding the Dinar due to that they are looking into joining Saudi's Kuwaiti's etc in forming new middle eastern currency.
WayneC777 - NONE, the reason is
1 - that process would take to long and Iraq is under a time crunch
2 - we would have heard of this before now
3 - The Saudi's are not doing well. They are just keeping up what they have

I've been reading around and there is few people talking about this. You know what they say, when it's quite it's bad.
WayneC777 - No! I also know when its quiet it can show up good as well.

Just a thought trying to figure out who would benefit the most. Saudi is lower than the dollar but Kuwaiti us higher than the dollar. Wondering what they would do here.
WayneC777 - Remember the Eleit is alining up for a one world Government.

I know Kuwait doesn't want to lose value. Seems to me this would be the better deal for us, no?
WayneC777 - It does not matter ... NOW Matters

Removal of 3 zeros from the Iraqi dinar.
That’s a lop… all by itself, nuff said… but

Currency is currently valued at $ 25 thousand dinars will be 25 dinars, while the dollar will equal only 1.17 dinars.
25 thousand dinars will be 25 dinars and dollar will equal 1.17 dinar (1 dinar will equal 85 cents.… pretty clear

This often cuts neutral monetary terms
Yes… MOST people understand this. Monetary Neutral, no gain, no loss… for Iraqis.

Turkey, Russia…
They lopped, why say this is what they did if this is a “Novel Event”

It is noteworthy that the Iraqis gave out 3 months to replace the old dinars in possession of the new dinar
Sound like they might be getting people ready for another 3 month exchange. Might be trouble for foreign cash holders.

Another post that Google does not work from Aero. So this means that any info that does not come from the CBI or uses the credible since to repost from the CBI is nothing but a want to be BS business out to creat deceptions to twist facts, causing confusion.