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

Another site covering it, look halfway down for the article. This is sooooooooooooooooooooooo good.

http://www.google.com/translate?u=ht...&hl=en&ie=UTF8

Originally Posted by Offshore-Wealth.com

Good one Rob,

I wonder how many of us have experienced the same as you over the years? LOL The one thing I have learned over the years is simple lesson all of us can relate to, No Risk, No Return, it is as simple as that.

Most people think risk takers or entrepreneurs like us are crazy, and you will never be able to change their minds for the are all doomed to fail for never taking any risk. Not that there is any real risk here, but most of us are here because of the risk taken in PIPS, and we are a special breed. LOL

Good luck to all, Mike

We sure are!!!
I have become a risk taker... (or may be I have always been? I think miamarc will agree to that if she sees this! When we went on interrail when we were young(er), I never hesitated to hitch hike in the middle of Europe in the middle of the night...but hey! She also went along! ) And sometimes I take crazy risks investing on the net because it's my only hope of a better future. But it's so funny, how differently different people look at me. When I suggest something (like PIPS, or the dinars) SOME of my family and friends jump on, considering the possible gain worth the risk.Others ponder for a while, and decide to join - or not - after considering it. And the last group, just think I am crazy and would never join anything "out of the box".So I have learned whom to tell - there's no point in telling people who I KNOW won't join but will only think I am crazy. I, and everybody else, know I am crazy anyway; I don't need them to tell me!
An exception is my brothers who belong to the last group: I tell them anyway because I don't want them to be able to say "Why didn't you tell us?". And this time, with the dinars, my oldest brother has actually bought a little!

But what I think is most fun, or funny, is that my parents belong to the first group! And they are old, 79 and 85, so I think THAT is admirable to be able to embrace stuff like this at their age.

But I can't wait to be able to say "I told you so!" after this thing pegs!And call me mean...but I WILL sing "nananananaaa" to them... (don't we have a teasing smiley?) and I WILL cock a snook at them! ( "cock a snook at"... In my dicctionary a Swedish expression is translated as that...but I have never heard that expression in English! Does it exist, or is my dicctionary too arcaic? Raditz, how would you translate "räcka lång näsa åt"?)

But I guess that in the end I won't... I am faaaar too nice! And besides, they could report me to the tax authorities !
Karin

LOL umm, i would translate that to " Do a pinocchio"

Adster, when do you think this will happen. Cigarman

1:1 by end of July. Possible internal r/v before that in early July. Will know more after this weekend on the internal r/v.

Adster or Mike, the following statement sounds like they are proposing to do two seperate things, what are your thoughts on this.

"I proposed to the Central Bank of Iraq lifted three zeroes of the Iraqi dinar and to raise its value is equal to the dollar."

Arco

Iraqi dinar equivalent of the dollar

B-d Baghdad

An Iraqi Finance Minister Baqer Jabr Solag statement that his country intends to increase the value of the Iraqi dinar is equal to the value of the US dollar. The Solag : The Ministry of Finance and the Central Bank of Iraq studying a proposal to increase the value of the Iraqi dinar and return to an earlier era. " He added : "I proposed to the Central Bank of Iraq lifted three zeroes of the Iraqi dinar and to raise its value is equal to the dollar." He said Iraqi Minister of Finance, said, "This proposal enjoys the support and endorsement of Elbe Nick international meeting will be held next month comprising experts and specialists to study the subject. " The exposure of the Iraqi dinar was equivalent to three US dollars as of the beginning of the eighties of the last century setbacks to the US dollar because of the wars waged by the ousted Iraqi President Saddam Hussein since 1980 and until 2003, thus rendering Ala Mille Iraq worth rising dramatically and even one dollar today is equivalent to 1549 ID.

So its very clear right here then we don't talk about a
zero looping great find Adam thank you :)

I think they mean that they will first lift three zeros from 0.00068 to 0.68
And then raise it to 1:1

Arco, by lifting 3 zeros it means moving the decimal point or lifting the zeros from the exchange rate, ie 0.00068 will be 0.68, IT DOES NOT MEAN A ZERO LOPPING. As for raising it's value, all it means is increasing it to equal the dollar at 1:1, excellent news for all of us....

I'd also like to add, (waiting for confirmation) that the ISX is due to open first week in September.

THEY HAVE TO BE REVALUED BY THEN.