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

Interesting,

We are all getting so smart that we won't need expert economists to tell us what we already figured out for ourselves. LOL

Good luck to all, Mike

Originally Posted by Offshore-Wealth.com

Interesting,

We are all getting so smart that we won't need expert economists to tell us what we already figured out for ourselves. LOL

Good luck to all, Mike

Hummmmmmmm, Yes But, It is still nice when you and adster along with the Dinar Gang, make sure we students of Hopfully New found Wealth, are seeing the big picture right.

I am taking it as all is still on track and the waiting game is in effect.

Originally Posted by cigarman

Economists : removal of 3 zeroes from the currency will lead to collapse

So the "raising/removal of 3 zeroes from the dinar" WAS referring to a lop? Unlike what we all had thought? Is that what I am reading here?



.

Originally Posted by Pippyman

So the "raising/removal of 3 zeroes from the dinar" WAS referring to a lop? Unlike what we all had thought? Is that what I am reading here?



.

ay yi yi.

i think its hard to say one way or another if it meant that....these Iraqi's seem to move at their on pace...it makes no difference to them that their people r starving,broke what not.....i've seen snails move faster then that....lol....GO DINARS...Pat

Predictions, assumptions, and ponderings:

1. Why is the news article above, which is actually from an old interview (a week) just now hitting the press? Lebanon overshadowed the news out of the ME. There are actually a couple of others from the CBI, just Google.
2. Why after years of silence is the CBI making noises and granting interviews? I think they are getting ready to do something, I just wish I knew what it is.
3. We are also seeing interviews out of the Finance Ministry floating ideas about the Zero Lop. But why? I think the idea was floated, but was never a viable idea to begin with. Just one of the ideas that came out of meetings and gained more traction then it was worth. Also believe it is as part of Economics now being used as another sword against the insurgents.
4. IMF Article IV is due, and still no news out of them or the Iraqi’s as to what is happening. Nothing on the IMF web site as to what if any Executive Board decisions happened or did not happen yesterday. Did the Iraqi’s ask them to hold off?
5. Prime minister actually saying that Economics are the other half of the fight against the insurgents, and making it part of his policy against them.
6. Investment Law passed!!!!!!!!!!!!!
7. Oil Companies actually starting talks and investment strategies before Hydrocarbon Law is passed!!!!!!!!!!!!!!!!!!!!!!!
8. Kurd’s already approved and working the above two issues.
9. Oil flowing out of both ends of Iraq (Basrah, Turkey).
10. 45-52% inflation? Raising interest rates will never solve the problem. Raising the value of the IQD would help (personal view). Make the money worth more and give it more purchasing power and inflation should drop. Read between the lines of the above Reuters Article, and let me know what you think. Take the time to read it a couple of times.
11. We are seeing real interviews and press concerning the Economic situation and finances out of Iraq. It used to be nothing but speculation and silence. Now all of a sudden in the last 45 days there have been numerous “Official” pronouncements and interviews out of the people and departments that matter. This also includes figures of how much hard currency is out there in the open market. This I find very interesting, with a stated 6 Trillion IQD and change currently. I wish that I could find the previous numbers for the IQD in circulation/printed from a couple of years ago because I think that it was much higher, and almost double that. Remember the exchange rate when the new IQD replaced the Saddam dinar. Much more of the Saddam Dinar on the street and exchanged on a one for one basis for the IQD. Swiss Dinar exchanged at 1 to 150 IQD. Why does this matter? If you decrease the quantity of IQD in circulation because it was inflated (quantity wise) after the exchange, you (the CBI) yank it out of circulation as fast as the economy will allow, thus increasing the value and stabilizing its value. Once you have done that, the specter of having too much currency out there disappears.

I just find all the above exciting and indications of there being something in the wind. I just wish I knew what? What ever is going to happen seems to be headed our way “SOON” according to the CBI. But how soon is soon? The Dinar ride from hell continues!!!!!!!!!! Got to love it!!!!!!!!!!!


-- August 3, 2006 01:36 AM ∞

Originally Posted by Raditz

Predictions, assumptions, and ponderings:

1. Why is the news article above, which is actually from an old interview (a week) just now hitting the press? Lebanon overshadowed the news out of the ME. There are actually a couple of others from the CBI, just Google.
2. Why after years of silence is the CBI making noises and granting interviews? I think they are getting ready to do something, I just wish I knew what it is.
3. We are also seeing interviews out of the Finance Ministry floating ideas about the Zero Lop. But why? I think the idea was floated, but was never a viable idea to begin with. Just one of the ideas that came out of meetings and gained more traction then it was worth. Also believe it is as part of Economics now being used as another sword against the insurgents.
4. IMF Article IV is due, and still no news out of them or the Iraqi’s as to what is happening. Nothing on the IMF web site as to what if any Executive Board decisions happened or did not happen yesterday. Did the Iraqi’s ask them to hold off?
5. Prime minister actually saying that Economics are the other half of the fight against the insurgents, and making it part of his policy against them.
6. Investment Law passed!!!!!!!!!!!!!
7. Oil Companies actually starting talks and investment strategies before Hydrocarbon Law is passed!!!!!!!!!!!!!!!!!!!!!!!
8. Kurd’s already approved and working the above two issues.
9. Oil flowing out of both ends of Iraq (Basrah, Turkey).
10. 45-52% inflation? Raising interest rates will never solve the problem. Raising the value of the IQD would help (personal view). Make the money worth more and give it more purchasing power and inflation should drop. Read between the lines of the above Reuters Article, and let me know what you think. Take the time to read it a couple of times.
11. We are seeing real interviews and press concerning the Economic situation and finances out of Iraq. It used to be nothing but speculation and silence. Now all of a sudden in the last 45 days there have been numerous “Official” pronouncements and interviews out of the people and departments that matter. This also includes figures of how much hard currency is out there in the open market. This I find very interesting, with a stated 6 Trillion IQD and change currently. I wish that I could find the previous numbers for the IQD in circulation/printed from a couple of years ago because I think that it was much higher, and almost double that. Remember the exchange rate when the new IQD replaced the Saddam dinar. Much more of the Saddam Dinar on the street and exchanged on a one for one basis for the IQD. Swiss Dinar exchanged at 1 to 150 IQD. Why does this matter? If you decrease the quantity of IQD in circulation because it was inflated (quantity wise) after the exchange, you (the CBI) yank it out of circulation as fast as the economy will allow, thus increasing the value and stabilizing its value. Once you have done that, the specter of having too much currency out there disappears.

I just find all the above exciting and indications of there being something in the wind. I just wish I knew what? What ever is going to happen seems to be headed our way “SOON” according to the CBI. But how soon is soon? The Dinar ride from hell continues!!!!!!!!!! Got to love it!!!!!!!!!!!


-- August 3, 2006 01:36 AM ∞

I feel much better now. Thanks Raditz.

Why, Why, WHY haven't we heard/been able to find out what happened at the press release/conference on August 1st and the BIG Exec meetings yesterday August 2nd?!?! This is driving me a bit walnuts guys! I can't believe that with the Dinar Genius' and all the different sources that we have here in our little forum, that NOT ONE LITTLE TIDBIT has been leaked or found out....o.k....I think I'm done....going to go find some chocolate now.

Well, I left for over 24hrs. and still nothing on the two meetings over the past 2 days. With all the leaks that were coming out, and now nothing! I think this is a sign of something "big" happening! Let's hope so!

Originally Posted by tiffany

Why, Why, WHY haven't we heard/been able to find out what happened at the press release/conference on August 1st and the BIG Exec meetings yesterday August 2nd?!?! This is driving me a bit walnuts guys! I can't believe that with the Dinar Genius' and all the different sources that we have here in our little forum, that NOT ONE LITTLE TIDBIT has been leaked or found out....o.k....I think I'm done....going to go find some chocolate now.

Ditto! The above post by Raditz is saying that news is moving SLOWLY and for a calculated reason. Hopefully a GOOD reason.

I too am getting anxious for some NEW NEWS! Anyone know where I can find some? lol