Replies to post #464 on Iraqi Dinar RUMOR BOARD

[Botat]

Aero I understand what you are saying, but unlike many I don't see a huge revalue. Somewhere between .10 and .29 intially. They will tie in the removal of the 0's but have both currencies at the same time. The timeframe for the old notes to be turned in, I don't know. What I do know is weak hands will turn their IQD as soon as first revalue is done. Things will settle and then we will see gradual increases. This is when the heavy hitters will start to cash in. This is just my opinion. A LOP, in your opinion is what will happen. Though I agree there will be a LOP, but not to the degree that you believe. Last time I checked neither you or me was in control of the CBI so it's still anyones guess. LOL, and GLTY if you hold any.

[WayneC777]

Botat - 100% Ask yourself this ...


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 ... WHY WOULD THEY LOP ...
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 - 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 ...
Kids are playing in the streets now.
and more, its worth your time ... later
IRD has increased in value since 2003. From 2000.00 to current 1170.00
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 ...