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

See? lol!

Originally Posted by cigarman

My only concern is if they wait until later this year the inflation will be up to say 500 percent and they then might lop zeros. I surely hope we hear something good soon.

Don't worry,

Inflation recently reported is directly impacted by the agreed to removal of oil subsidies in order for Arab nations to reduce debt, so this had to be done, and it was a short term problem which indicates to me that revalue is settled upon, and the only reason they have yet to announce it is because of increased killings in Baghdad. Just as with investment law being put in place for Kurds, it was already a done deal, but again, due to vilence in Baghdad, it was delayed announcement.

Lets look at the bright side of issues. They do not want to bring international investors to the table if it is likely to be blown up. It is all about security now as all the other pieces are in place, and many were for months. Now look at the bank robbery situation, they can't bring in all those smaller denomination notes without more security, right? (g) And what is happening in Baghdad at the moment? More troops, means more security, means protection to move in new notes to banks. Just using logics again, so it is my take on what is happening at the moment.

Good luck to all, Mike

DOUBLE See?~!? LOLOL!

Losing it people...can't hold on much longer!!!

Originally Posted by Offshore-Wealth.com

Don't worry,

Inflation recently reported is directly impacted by the agreed to removal of oil subsidies in order for Arab nations to reduce debt, so this had to be done, and it was a short term problem which indicates to me that revalue is settled upon, and the only reason they have yet to announce it is because of increased killings in Baghdad. Just as with investment law being put in place for Kurds, it was already a done deal, but again, due to vilence in Baghdad, it was delayed announcement.

Lets look at the bright side of issues. They do not want to bring international investors to the table if it is likely to be blown up. It is all about security now as all the other pieces are in place, and many were for months. Now look at the bank robbery situation, they can't bring in all those smaller denomination notes without more security, right? (g) And what is happening in Baghdad at the moment? More troops, means more security, means protection to move in new notes to banks. Just using logics again, so it is my take on what is happening at the moment.

Good luck to all, Mike

Yep, more troops are heading there. 52 soldiers from the 144th Michigan National Guard Military Police left last Tuesday from Owosso, which is 20 miles from me. They were going to Fort Dix in New Jersey, and then on to Iraq.

There's no doubt that security at this time is the reason they're holding back, but we've discussed this before and a r/v will help to curb it IMO. Pay them to stop bombing. Pay the normal people to give them a better way of life.

Yes, I've heard more troops are going to Baghdad to not only help the situation but to help the banks for when the r/v happens. I also believe the recent bank robberies are from those that know the dinar will be worth so much more soon.

Let It Peg!!! Let It Peg!!! Let It Peg!!!
Soon, I Can Just Feel It!
Also, That's What Our Genius's Are Saying As Monica Has So Elegantly Put It.
Lisa

Aaawwww, Sassy, better watch it or everyone's gonna think you're a little partial. (Kinda partial to you too. Not a better Aunt in the world!)

Back to dinar news.


What about my question of someone buying up all of Kurdistan with the dinar value still so low?

Anybody?

Monica

Originally Posted by readytogo

Aaawwww, Sassy, better watch it or everyone's gonna think you're a little partial. (Kinda partial to you too. Not a better Aunt in the world!)

Back to dinar news.


What about my question of someone buying up all of Kurdistan with the dinar value still so low?

Anybody?

Monica

That cant happen with this law because you cant be the owner of a land.
so thats exclude the theory of buy up all the country hope that help you
a little bit better to understand the situation!!!

all the details are right there:

http://www.iraqupdates.com/p_articles.php/article/9645

Thanks PH!