InvestorsHub Logo

cableguy

04/16/10 3:02 PM

#24252 RE: WayneC777 #24245

Iraq's Points of Great Stride. Iraq's Dinar is doing great.
Iraq "IS 80+% Debt Free" ... WHY WOULD THEY LOP ...


And all the rest you have replied with;

IMO, Iraqi people are Arabs.

IMO, they feel as though they are the supreme being on earth.

IMO, in their minds they don't owe us anything.

IMO, all Christians are infidels, they don't really like us at all.

IMO, they will tolerate us to save their own hide.

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

I assume you mean they will be on the forex.

Saudi Arabia isin't, Kuwait isin't, Iran isin't why would they? because they owe us?

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

Only to recirculate it again and again. the CBI website proves that.

But instead of recieving the Credit back in cash, Iraq gives the Credit back in Black Gold (Oil) instead

Then why are we paying top Dollar to Venezuela and Russia for their oil? and why then are we paying top Dollar at the pumps, if it is given back to us from Iraq we should be paying about .35 cents a gallon. besides Prove they are giving it to us, I have never read that from any source much less a reliable one.

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 ...

Show us the link for that one...

Iraq is 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 ...

That was my understanding that they are paying U.S. dollars

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

The Iraqi Government is well known for their political corruption.

Why wouldn't they LOP...

silkrider

04/16/10 4:22 PM

#24254 RE: WayneC777 #24245

WayneC,why would they lop? Well, it seems with all their news the past few years of them talking about it, they are concerned with the large amount in circulation. Seems they want to draw the amount of dinar down so they can get the exchange rate where they want it. I own a bunch too and always figured slow grow, so I'm positive but just not with the novel event thats pumped to the hilt.