Thread: Iraq/Dinar News. 09/05 to 01/14/07

Originally Posted by shotgunsusie

i hate to admit that it will take that long to raise big enough for us to want to cash in but i suspect thats whats happening. it will continue to climb up to that 13xx mark they set and then they will WHAMMO!!

Alright SGS, just get that thought out of your head....or I'll have to slap ya'.....it is going to reval long before 12/12, it will be no later than Sunday I predict.

Originally Posted by shotgunsusie

its in the history somewhere im sure. nevertheless, its going to be over a buck twenty of this ive been sure since the beginning because of the kurds. im very inclined to believe over two dollars at this point simply because of the oil news that has emerged recently, and the debt news, and the gcc proposed membership, and the predicted price of oil futures, and the amount of oil iraq is sitting on. i also now dont believe that it would be an issue for big investors to drop over $2 on each dinar considering where its headed in a big hurry.

folks, not only are we going to be wealthy but we are about to begin, and be part of, the new world order.

They could give $2+ NOW or Sunday would work.
WOOOOOOOOOOOOOOTTTTTTTTTTTTT

Originally Posted by cigarman

There are 2 things that are important concerning when they reval. I think they will reval before the 10k handout and implementing the FIL. Now, the GOI is getting alot of heat for the FIL not happening and the Iraqi's don't care about the 10k with todays worth. I honestly don't believe that they can continue to put these 2 things off until December 12, especially the FIL. I guess we'll have to wait and see. Lord knows I've been wrong plenty of times with this.

EXACTLY!

Originally Posted by shotgunsusie

EXACTLY!

Thats he been wrong lots before or about the Fil and the 10k handout ??

Sorry, Cigarman, could not resist

Can't wait to see those figures of $2.00---+ but I wish they would do it before i have to be commited to the nut house. LOL This thing is driving me crazy.

Central Bank of Iraq exchange rate edges up

D.G. of Foreign Exchange Control
The 806 daily currency auction was held in the Central Bank of Iraq day Wednesday 11 / 15/ 06 so the results were as follows :
Details Notes Number of banks 19 ----- Auction price selling dinar / US $ 1455 ----- Auction price buying dinar / US $ ------ ----- Amount sold at auction price (US $) 64.960.000 ----- Amount purchased at Auction price (US $) ------ Total offers for buying (US $) 64.960.000 -----

From Iraq dinars Dinar Trade newsletter.

What is everyones thoughts on this? As far as exchange rates go I have only seen what this site sells them for and if that is an indicator of the true rate then looking at the above statement it looks to me like the rate has gone up slightly. I doubt this site is a good indicator of the rates. Does anyone know of a site to keep up with the rates. Do you think that exchange rate will slowly go up or rise quickly over night? Just searhing for better information.

Originally Posted by boxiedoxie

Central Bank of Iraq exchange rate edges up

D.G. of Foreign Exchange Control
The 806 daily currency auction was held in the Central Bank of Iraq day Wednesday 11 / 15/ 06 so the results were as follows :
Details Notes Number of banks 19 ----- Auction price selling dinar / US $ 1455 ----- Auction price buying dinar / US $ ------ ----- Amount sold at auction price (US $) 64.960.000 ----- Amount purchased at Auction price (US $) ------ Total offers for buying (US $) 64.960.000 -----

From Iraq dinars Dinar Trade newsletter.

What is everyones thoughts on this? As far as exchange rates go I have only seen what this site sells them for and if that is an indicator of the true rate then looking at the above statement it looks to me like the rate has gone up slightly. I doubt this site is a good indicator of the rates. Does anyone know of a site to keep up with the rates. Do you think that exchange rate will slowly go up or rise quickly over night? Just searhing for better information.

I would suggest keeping an eye on the CBI site. I put way more faith there than on some of the other sites, even thou there are some good ones. JMHO

Gloribee

Originally Posted by arpking

SO, if this would be the case, what happens to the 10,000 dinar gift? They wait until the RV to distro these, or they post date the checks? What do you think?

dammit i hate this thing.
i gotta agree with that too. but like was said they pretty much figure they aint gonna get it at this point, like all the other stuff theyve been promised.

im sure of no ten grand until they revalue unless the cheques are postdated which would be redundant. i suspect they will let the cheques out a bit at a time as to not disrupt the balance right at first. i believe they said it would take them about 3 months to get them all out. yeah yeah, jan 31 my arse.

Originally Posted by CharmedPiper

Alright SGS, just get that thought out of your head....or I'll have to slap ya'.....it is going to reval long before 12/12, it will be no later than Sunday I predict.

i gotta go help the water lover at the pool. needin a break youre drivin me nuts here thinkin too much!!