Thread: "against the grain" perspectives......

Originally Posted by doublescorpio

That is waht bothers me about some of you "naysayers"....because it has not happened yet and we have seen only small moves in rate..IT MUST MEAN SLOW GROWTH!!!! And anybody that beleives in a over night reveal is labled '"fantasy land" or "un-realistic". I have NO problem with different opnions...but to simply scream "SLOW GROWTH" because that has been what we have been shown so far demonstrates a very narrow way of thinking. There have been numerous articles published that speak of raising the value of the dinar to par with the dollar...which seems more logical then the idea of the value only increasing another 255 pips in the next 6 months. If you are going to scream "slow growth" please tell us why you beleive that is the game plan. There used to be THOUSANDS of people that beleived the world was flat until someone showed them the truth...which I believe is the case here

IT MUST MEAN SLOW GROWTH!!! because that is what it is. Yes there have been numerous articles that speaks of raising the value of the dinar to par with the dollar. Tell me what makes you think they mean RV in one day this month or this year or 5 years from now? See two can play this game! Point is neither of us knows what will happen! My opinion is derived from many many places I will just list a few. No smaller demos as of yet, security in shambles as of yet, Way Way too much in circulation (an economic impossibility of a large RV with the amount in circulation right now), Parliament can't even get a quorum much less vote on anything, about to take an extended break with all that is happening(crazy as hell) and not to mention that the three factions would rather kill each other instead of being rich as hell(again crazy as hell) Have missed every deadline to date. etc etc. I am sure you have a counter point to every one, and I will have a counter point to everyone of yours. You say overnight RV. I say noway slow grow. I hope you are right and I am wrong. You hope I am wrong and you are right. That I guess is what we will agree on!

Originally Posted by Caddieman

IT MUST MEAN SLOW GROWTH!!! because that is what it is. Yes there have been numerous articles that speaks of raising the value of the dinar to par with the dollar. Tell me what makes you think they mean RV in one day this month or this year or 5 years from now? See two can play this game! Point is neither of us knows what will happen! My opinion is derived from many many places I will just list a few. No smaller demos as of yet, security in shambles as of yet, Way Way too much in circulation (an economic impossibility of a large RV with the amount in circulation right now), Parliament can't even get a quorum much less vote on anything, about to take an extended break with all that is happening(crazy as hell) and not to mention that the three factions would rather kill each other instead of being rich as hell(again crazy as hell) Have missed every deadline to date. etc etc. I am sure you have a counter point to every one, and I will have a counter point to everyone of yours. You say overnight RV. I say noway slow grow. I hope you are right and I am wrong. You hope I am wrong and you are right. That I guess is what we will agree on!

Like I said in the heading of my last post "lost cause" . There is nothing I can say to change your mind...it is already closed. You need to read the news articles a little closer...things are better then what you see on CNN and the nightly news. I have grown very tired of this debate and I am done. I agree to disagree with you...but I will make this offer. If by 12/31/07 the dinar has not reval to at least .10 I will send you every dinar that I have (3.7 million) and if a reval happens before then you agree to send me all of yours...not matter what amount it revals at...deal?

Originally Posted by Caddieman

IT MUST MEAN SLOW GROWTH!!! because that is what it is. Yes there have been numerous articles that speaks of raising the value of the dinar to par with the dollar. Tell me what makes you think they mean RV in one day this month or this year or 5 years from now? See two can play this game! Point is neither of us knows what will happen! My opinion is derived from many many places I will just list a few. No smaller demos as of yet, security in shambles as of yet, Way Way too much in circulation (an economic impossibility of a large RV with the amount in circulation right now), Parliament can't even get a quorum much less vote on anything, about to take an extended break with all that is happening(crazy as hell) and not to mention that the three factions would rather kill each other instead of being rich as hell(again crazy as hell) Have missed every deadline to date. etc etc. I am sure you have a counter point to every one, and I will have a counter point to everyone of yours. You say overnight RV. I say noway slow grow. I hope you are right and I am wrong. You hope I am wrong and you are right. That I guess is what we will agree on!

I agree with you on the slow grow. While there isn't any article suggesting slow grow, there isn't any article to suggest an overnight revalue either so it's even stevens on that account at least!

The International Compact provides a 5-year framework to achieve financial sustainability through economic reform commitments between it and the international community. It was signed in May 2007. Just feel that this GoI initiative to commit Iraq to economic reform, establishing new investment laws and regulations, building the institutions needed to combat corruption, ensuring good governance will probably take a tad longer. JMO.

Originally Posted by SHIELD 464

THE OFFER WAS TO BUY AFTER THE RV FOR ONE. MY PROBLEM WAS NOT WITH YOUR DISSAGREEMENT WITH THE DONE DEALERS BUT WITH THE IDEA
THAT SOMEONE WOULD PAY THE PRICES YOU NOT ME, PUT IN YOUR POST FOR YOUR IQD,TO BUY AT THOSE PRICES, WHEN YOU CAN GET MORE FOR THAT AMMOUNT OF INVESTMENT OR GETTING LESS THAN YOU CAN FOR YOUR MONEY ,KNOWINGLY IS STUPID. NOW TO YOUR ATTEMPTED POINT.
SOME MAKE WHAT OTHERS CONSIDER OUTLANDISH OR REDICKULOUS COMMENTS ,THATS ALL WELL AND GOOD IF YOU TAKE ISSUE WITH THEM OR ME BUT TO MAKE COMMENTS THAT ARE JUST AS REDICKULOUS UNDER ANNY STANDARD IS WELL............... I DON'T KNOW. PERHAPS STUPID WAS HARSH
IF SO SORRY . I CAN'T THINK OF AN APROPREATE WORD. IF ANNYONE HAS A
MORE APROPREATE TERM , I WOULD BE HAPPY TO EDIT MY POST.BUT MY OPINIONIS NOT SUBJECT TO CHANGE. IF I AM BEING CRUDE WELL SORRY
SENSE WORKING FOR CORRECTIONS,I HAVE BEEN TOLD THAT I OFTEN DO NOT PLAY WELL WITH OTHERS, THIS MAY HAVE BEEN ONE OF THOSE TIMES.?
YOU HAVE A MIGHTY FINE DAY!
ALL MINE ARE THE SAME!

so you think offering me 10 cents per dinar after it rv's no matter if it rv's at lets say 3 dollars even is not a stupid statement???...kind of hard to follow your figuring or train of thought if my statement is or was stupid...and your follow up statement is or was not stupid....you don't have to play well with others......but it would be nice to at least respect their opinions...rather you agree with them or not......Pat

Originally Posted by breakeven

I agree with you on the slow grow. While there isn't any article suggesting slow grow, there isn't any article to suggest an overnight revalue either so it's even stevens on that account at least!

The International Compact provides a 5-year framework to achieve financial sustainability through economic reform commitments between it and the international community. It was signed in May 2007. Just feel that this GoI initiative to commit Iraq to economic reform, establishing new investment laws and regulations, building the institutions needed to combat corruption, ensuring good governance will probably take a tad longer. JMO.

Interesting,

Both sides of argument holds water, so what is the sense in bantering back and forth who is right and who is wrong. We are all in the same boat having to wait for the end result, and personally, I think we will see a major correction, and yes, it will be an overnight one.

You have to look back over the past few years to see why the slow growth was established. This was done to demonstrate stability of dinar, building on this stability to prove to the world that CBI was in fact acting as per standard central banks criteria worldwide. We have seen all the moves made to try and control inflation as well, just as one would expect a central bank to do. We have seen it all, yet the only accomplishment to date is stability of dinar, as in, no wild fluctuations in value day to day.

What we have seen is all good, stability more than anything was what the world was watching, and now that there is no doubt CBI has accomplished this, the next goal is stopping the out of control inflation. We have seen the increase in interest rates paid on deposits, we have seen control over circulated dinar, we have seen it all, and still, inflation is still way to high. Anyone want to take a stab at what would control inflation in one step?

Good luck and health to all, Mike

could be some truth in both points of view:

overnite rv = zero lop ( which no one wants to admit ) but would effectively raise value of dinar against dollar ( [email protected]0 would be 1 @.80 ) and I believe could be done with out reprint. Because as many have stated other denoms are already printed but not issued. They could do a currency exchange just as when the new dinar was exchanged for the saddam dinar. Allow a short period of time to exchange ( 2-3 months ), then the newly issued dinar would be the only accepted currency. The 1k+ notes exchange for the dinar, the -1k notes exchange for fil. (1/1000 dinar)
Iraq does not need trillions of dinar to operate. billions would do just fine. there could also at this time be a rv to the rumored amounts of between $3-$5 per dinar
or
slow grow: would then take over after lop & then grow to $3-$5 per dinar

I know this is not a popular view, but I believe a realistic one. Believe me I hope I am wrong, as I too would like to have millions of dollars. I just don't see it happening. My hope is a 2-5 times return on my investment. My only knowledge in this area is gained from common sense & what I have read. No where can I find any time in the past where a currency with denominations over 5k have revalued without a lop. Those that I have found have only lopped.( Check wikipedia, google) I also know that Iraq is unique, but billions not trillions is a viable option.

thanks Huskers N Hogs

Is there a definitive number of Dinar in circulation?

I'm new to all this and read somewhere it was 21 trillion....but then read as of last week or so it was 4.2 trillion

Anybody?

Also if the dinar is "lopped" and if I am holding 40 25,000 dinar notes how would i go about exchanging them to the lower denominations?

Do I have to go to Iraq? yikes

Originally Posted by NewDinarDong

Also if the dinar is "lopped" and if I am holding 40 25,000 dinar notes how would i go about exchanging them to the lower denominations?

Do I have to go to Iraq? yikes

Your 25,000 notes will still be good. when the day comes to cash them in, the Bank of Iraq will probably take them out of circulation.

Remember, almost all of the dealers out there deal in 25,000 notes as the backbone of their inventory, not to mention all dinar holders worldwide. Let not your heart (and wallet) be troubled.

when i got my dinars i never really considered the General trend in currency. that's centralization. from the euro to a likely counterpart here in the us (us/canada/mexico).
if the ptb do have this as their agenda (which they do), this dinar waiting game most likely will have been for nothing.
to, Everything that Has and Is happening over there is Preplanned. pre-meditated mass-murder really. but the point is that all of it is fuelled from Without. no pun intended.
the Only randomness is the trajectories of schrapnel. the us is over there only because various multinationals etc. want it so.

*and the sad bottom line is that these same ptb do not want tons of very rich people running around - doing their own thing.

i myself now think the dinar is somekinda buffer diversion game before something more significant comes into play. and i can't believe folks are still posting "news" articles. all this stuff is from these same (ptb) controlled sources. it's mostly a pony show.
Much of what happens around the world today was planned from 50 to 100 years back by these old families/world bankers etc.