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

Originally Posted by DayDream

Heres an article with a TERRIBLE translation...wish I knew what they were saying!

For people : Dinar and the dollar and the citizen

Mohamed Alwan

After the fall of the Principles and to change the currency in Iraq, implemented workshops mafias specialized financial affairs, and one of the most serious workshops conspiring to Iraqi economic system. Have been smuggling hundreds of millions of new Iraqi dinars, in order to make a profit at a disadvantage another, to influence the size of the money supply in circulation (internally) in the market in order to raise the rate of the Iraqi dinar is artificially, and pumping funds smuggled to inflate the size of the money supply in the market, and artificially based on speculation and not on the actors and economic activities, and thereby influence the prices of goods and commodities such as foodstuffs,

And the fight against the citizen in confusing the Program of his life everyday living, for multiple purposes including fuller the forefront of greed, and political purpose multimodal colors and which owns of its proponents the experience of more than thirty five years in the ways the impoverishment of the Iraqis and starving the and depriving them of Thus we are witnessing today the websites that numerous Founded in the neighboring States, and in the States of foreign relatively more, although no longer in the world far and near in this age, there is no distinction exposure millions of the Iraqi dinars for sale via the Internet through the mediation the bags of specific agreed, and with it, and the intent of achieving profit through utilization of the ASKS compared to the the dollar, or the intent of affecting the liquidity volume in circulation on the market, to confound the balance of prices anew and the activation of further of confusion in life everyday living for the citizens. Here we must not ignore the purposes of political and economic sabotage of this process, but warn the social role in the fight as a criminal phenomenon, the official role of government and the unity of enough and talk about what directly affects the lives of citizens, not limited to the discussion of the realities of municipal services, and political activity and economic sector, and it also includes other aspects of this multi-and exceed also traded places.

Translated version of http://www.uruklink.net/

Any thoughts? Can anyone speak gibberish?

Cheers!
DayDream

its an article describing how mafia type organizations are setting up shop to sell the dinar and flood the market. it talks about all the internet sites that sell dinar and im sure they are trying to convince the average iraqi that they are all mafia related. they are describing how this fake flooding of the market of dinars is what is causing the inflation or has caused it etc. they are encouraging the iraqis not to get discouraged at this kind of activity and they are going to make it right by them.

bastards are blaming us for their lack of action.

Originally Posted by Pippyman

Hey elfwizard

No I did not make it up. I remember specifically reading in a document somewhere. But this has been gone over before here in this forum.
I cant say ALL countries but some countries have an agreement that they will hold onto their dinar for 5 years. Anyone remember where this came from? Thanks!

yes i have read articles from al sabaah that indicate other countries were buying up large sums of dinar that were to be eventually traded back in for oil products i assumed. im sure they made them sign agreements so that everyone didnt show up at once. i can go back in the history archive and find them but then again so can the ones who question every single thing that comes out, or the originator, or what direction their farts linger.

Originally Posted by dinartank

With the RV being talked about on the 15th how can that be when its our friday and their Saturday???

the 15th isnt a different day of the week here than across the planet. the 15th is on a friday here and in iraq. it becomes the 16th there before it is over with the 15th here. time zones and the international date line come into play.

im sure they didnt mean the actual act of changing the numbers on the forex, they are predicting the date that it will first be announced.

Originally Posted by shotgunsusie

yes i have read articles from al sabaah that indicate other countries were buying up large sums of dinar that were to be eventually traded back in for oil products i assumed. im sure they made them sign agreements so that everyone didnt show up at once. i can go back in the history archive and find them but then again so can the ones who question every single thing that comes out, or the originator, or what direction their farts linger.

The US, stated that they will trade back in for "OIL Products" too.

Originally Posted by Pippyman

Hey elfwizard

No I did not make it up. I remember specifically reading in a document somewhere. But this has been gone over before here in this forum.
I cant say ALL countries but some countries have an agreement that they will hold onto their dinar for 5 years. Anyone remember where this came from? Thanks!

That is what it is called.

Originally Posted by shotgunsusie

im just wondering if there is anything that happens in your life that is positive?

Yes, everyday. I have my children and grand-kids who love me very much and I them, I own three beautiful homes in two states, I am financially secure before the dinar investment and will continue to be even if it doesn't pay off. I can do whatever I want when I want without having to punch a clock, answer to anyone or anticipate a check at the end of the week that is a reminder of pain I endured for anothers wealth. I'd say life is very positive.

Please don't be fooled by my questions or replies on the forum. Being inquisitive was part of my birth the nurses didn't rinse away.

I was only passing on a translation that was read by a native arabic reader/speaker, it's not me being negative if it doesn't translate to what the reader wants to see. Other then that I'm 100% positive. I have no reason not to be.

Originally Posted by worf

It might except for the assumption that they are reducing the money supply and perhaps retiring/removing a large amount that is now in circulation. Link? Don't have one. Your assumption r/v = double what it is now ($1 = 1625 ird) same place my assumption is. Let's see what happens in the next few days/weeks etc. Your number doesn't even come close to line up with what the news has been reporting lately. Also none of the stated objections of controling inflation, raising the value of the Iraqi dinar to where it was before or at least equal to the surrounding countries fits with your stated number or logic.

worf

Based on the math I indicated earlier, and the mathematical logic of the reduction of currency in circulation, they would have to remove 13,975,000,000,000 Dinar, more than ninety-nine percent of 14 Trillion printed to lower the ratio of Dinar in circulation verses Iraq's GDP to match the ratio of the US dollar.

Clearly, they can't have a reval on par with the US dollar with Trillions of Dinar in circulation and in reserves. The US has less than 300 Billion US dollars in circulation. Iraq's GDP is only 94 Billion US dollars a year, the uS GDP is over $12 Trillion!

Originally Posted by Inscrutable

Yes, everyday. I have my children and grand-kids who love me very much and I them, I own three beautiful homes in two states, I am financially secure before the dinar investment and will continue to be even if it doesn't pay off. I can do whatever I want when I want without having to punch a clock, answer to anyone or anticipate a check at the end of the week that is a reminder of pain I endured for anothers wealth. I'd say life is very positive.

I bet you have to answer to that wife (or wives) in those 3 homes!!

Originally Posted by Precocious

Based on the math I indicated earlier, and the mathematical logic of the reduction of currency in circulation, they would have to remove 13,975,000,000,000 Dinar, more than ninety-nine percent of 14 Trillion printed to lower the ratio of Dinar in circulation verses Iraq's GDP to match the ratio of the US dollar.

Clearly, they can't have a reval on par with the US dollar with Trillions of Dinar in circulation and in reserves. The US has less than 300 Billion US dollars in circulation. Iraq's GDP is only 94 Billion US dollars a year, the uS GDP is over $12 Trillion!

So your saying that if Bill Gates cashed out he would take 1/8th of our whole nations money in circulation? I have a problem with people spouting off about M1, M2, M3 amounts and how the USA,s GDP is this or that. How in the world can the USA only have 300 billion in circulation if 1/2 the world uses it? I'm no financial expert but somewhere down the line we're being lied to.

Originally Posted by Precocious

Based on the math I indicated earlier, and the mathematical logic of the reduction of currency in circulation, they would have to remove 13,975,000,000,000 Dinar, more than ninety-nine percent of 14 Trillion printed to lower the ratio of Dinar in circulation verses Iraq's GDP to match the ratio of the US dollar.

Clearly, they can't have a reval on par with the US dollar with Trillions of Dinar in circulation and in reserves. The US has less than 300 Billion US dollars in circulation. Iraq's GDP is only 94 Billion US dollars a year, the uS GDP is over $12 Trillion!

Well hmm, based on this kind of math then Iraq could never have had trillions of Dinar in circulation and had a tradeable value of anything worth over 1 U.S. cent, but hmm Iraq did have 4.5 trillion dinar in circulation worth at least $0.33 dollars on the black market under Saddam, with an official rate set by Saddam over a $1. Gee, and the oil production wasn't much better than today, Iraq suffered from sanctions and was pretty much without hope. Hmm, gee things just look so bleak.......NOT.

Lighten up folks, things are going the right direction, whether it is slow or fast. This isn't a 30 minute sitcom where everything is wrapped up nice and neat with a pretty little bow with some warm milk and cookies. The fact is that none of us knows how they are gonna pull this off, so sit back and enjoy getting to see something that most people won't even realize is happening. You have a front row seat. Enjoy it.