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

Originally Posted by shotgunsusie

no, i spoke to the actual guy at iif. i got a pm from a guy who was a friend of his and he said the guy knew stuff about the dinar goin to the usa so i messaged him and asked him if he was a certain guy who my truck driver friend knew. he said he wasnt but that he also knew that guy and we continued the conversation. everything he told me was verified by my fellow research team member who was driving trucks in iraq in the same area. i can go back and find my pm to him in my folder with all my text files from 2.3 years in there. lol

i know clays story was 12B but like i said i had only heard of 7.

No need to dig up PMs. Just wanted to make sure it wasn't from Clay75 as I remembered reading his story.

Originally Posted by MunnyBaggs

That interpretation has been put forth before. But at $3.22 Iraq would be worth more USD than every single country on earth back in 2004 (and even today). Makes no sense. Plus if you look at denominational structures and various wealth indicators Iraq slots much more closely with their OPEC members Saudi Arabia, UAE, and Qatar than they do with Jordan, Oman, or Kuwait. The denominational structures from TABLE B are as follows:

Kuwait 1KD = 3.4 USD (1 KD = 1,000 Fils) 12 Denominations:
Notes: KD 20, 10, 5, 1 Fils 500, 250
Coins: Fils 100, 50, 20, 10, 5, 1

Bahrain 1BD = 2.7 USD (1 BD = 1,000 Fils) 9 Denominations:
Notes: BD 20, 10, 5, 1 Fils 500
Coins: Fils 100, 50, 25, 10

Oman 1 ORial = 2.6 USD (1 OMR = 1,000 Baiza) 13 Denominations:
Notes: OMR 50, 20, 10, 5, 1 Bai 500, 250, 200, 100
Coins: Bai 50, 25, 10, 5

Now let's look at the Iraqi current IQD denominations:

Iraq 1 IQD = .0007 USD 9 Denominations:
Notes: IQD 25,000, 10,000, 5,000, 1,000, 500, 250, 50
Coins: IQD 100, 25

Now let's look at the Munny Model target Middle East countries value denominations:

Saudi Arabia 1 SAR = .27 USD (1 SAR =100 Halala) 15 Denominations:
Notes: SAR 500, 200, 100, 50, 20, 10, 5, 1
Coins: Halala 50, 25, 10 Qurush 10, 5, 2, 1 (5 Halala = 20 Qurush)

Qatar 1 QR = .27 USD (1 QR =100 Dirams) 11 Denominations 8 of which are in real circulation:
Notes: QAR 500,100,50, 10, 5, 1
Coins: Dirams 50, 25….. {10, 5, 1 rare}

UAE 1 Dirham = .27 USD (1 AED = 100 Fils) 13 Denominations 11 of which are in real circulation:
Notes: 1000, 500, 200, 100, 50, 20, 10, 5
Coins: AED 1 Fils 50, 25…. {10, 5 rare}

So if Iraq were to "value out" the top 25K, 10K, 5K, and 1K notes and add say a 10, 5, and 1 IQD denominations, which denominal structure would they more closely resemble??? What were Tant, the CBI, the MOF, the IMF, and Shabibi thinking when they sent up the new IQD??? Did they randomly pick the denominational values?? Nope. No way. They purposely picked the current denominations and values for a specific reason. There is a built in value increase allowed by the manner in which they set it up. The 25K and 10K are clearly slated to be bank exchange notes only in the future.

Look at all the one's reading .27 and notice their all at the 100 system instead of the 1000 system. Look at each one's SDR rate and tell me what you see. lol.

Originally Posted by Socata 850

Only 7 more hours to "Post" time at the CBI. Any speculation as to what we will see tomorow morning? They were a little late in their posting this morning, but hey, with a little extra time I like to look at the login sheet at the bottom of the page and see what other "Dinar Zombies" are up at that time of the day. You would be surprised to see you is lurking so early in the AM.

I was up until almost 3AM trying to see what was going to happen.....but I didn't stay up late enough it turns out.

I know it's off subject, but dear dinar family, keep this little family in your good thoughts. We have a pretty good sized disaster going on here with son in law, (on top of bankruptcy! oh universe.) and I would deeply appreciate your prayers. thank you.

Originally Posted by Socata 850

Only 7 more hours to "Post" time at the CBI. Any speculation as to what we will see tomorow morning? They were a little late in their posting this morning, but hey, with a little extra time I like to look at the login sheet at the bottom of the page and see what other "Dinar Zombies" are up at that time of the day. You would be surprised to see you is lurking so early in the AM.

I too appreciate your hard work in putting the totals up but tomorrow instead of "Good morning Rolclub" can you make it "Good morning Millionaires"?

Thanks

Originally Posted by ourhouse37

I know it's off subject, but dear dinar family, keep this little family in your good thoughts. We have a pretty good sized disaster going on here with son in law, (on top of bankruptcy! oh universe.) and I would deeply appreciate your prayers. thank you.

I always think and pray about all of you, as Ive come to believe and hope you are all my friends. I care for you all.

Gloribee

Depriving an Australian company of monopoly wheat trade for involvement in bribes in Iraq
Source : Zawra
06 / 12 / 06
Australian Prime Minister John Howard yesterday. The Australian government denied any company «B» W. monopoly of wheat exports for a period of six months, for its role in the issue of kickbacks in the era of the regime of former Iraqi president Saddam Hussein. He questioned an investigation conducted by the United Nations on the issue of bribes associated with the program «» oil-for-food program in Iraq. the Australian company, which was accused of a commission of inquiry independent Australian pay $ 220 million of bribes to Saddam Hussein to get contracts for the sale of wheat mission to Iraq. In the wake of the accusation Howard raised the prospect of an end to the company's monopoly of wheat exports continued since 67 years.

Translated version of http://www.alzawraa.net/home/index.php?option=com_content&task=view&id=4880&Ite mid=73

Here is the value of IQD as of tonight:

{1 IQD = .000680 USD}

25,000 IQD = $17 USD
10,000 IQD = $6.80 USD
5,000 IQD = $3.40 USD
1,000 IQD = 68 cents USD
500 IQD = 34 cents USD
250 IQD = 17 cents USD
100(coin) IQD = 7 cents USD
50 IQD = 3 ½ cents USD
25(coin) IQD = 2 cents USD

Here’s what it would look like with a $3 re-val:

{1 IQD = $3 USD}

25,000 IQD = $75,000 USD
10,000 IQD = $30,000 USD
5,000 IQD = $15,000 USD
1,000 IQD = $3,000 USD
500 IQD = $1,500 USD
250 IQD = $750 USD
100(coin) IQD = $300 USD
50 IQD = $150 USD
25(coin) IQD = $75 USD

They'd have to reprint the entire denominational structure and zero lop to make a $3 re-val work.

Originally Posted by Inscrutable

I too appreciate your hard work in putting the totals up but tomorrow instead of "Good morning Rolclub" can you make it "Good morning Millionaires"?

Thanks

Concur.

Originally Posted by cigarman

Look at all the one's reading .27 and notice their all at the 100 system instead of the 1000 system. Look at each one's SDR rate and tell me what you see. lol.

I'm talking live direct FOREX exchange rates, my friend. It'll become more clear once I post the remainder of the TABLES. If at that stage you still disagree, fine. We'll just wait and see how it turns out.