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

Well ty dear.:)

How many millions have you bought adster? :)

there's another serious consideration; i myself bought dinars. what does that mean? ahem, whatever investment i buy into goes south - every single one right down the line since the 90's.

Raditz,

I've got 6 million of the little beautiful crispy but smelly notes tucked away safely in 25k, 10k and 5k notes!! May get another 2 million depending on how the IMF announcement goes on Friday....How bout you now??

aeara,

Well it's time we broke that record of yours with this investment. ;0)

whatever investment i buy into goes south - every single one right down the line since the 90's.

Well then it's time for a change

OAPEC cancels 70% of debts owed to it by Iraq

The 75th Council of Ministers meeting of the Organization of Arab Petroleum Exporting Countries (OAPEC) have wrote off 70 percent of accumulated debts owed to the organization by Iraq,

http://www.menafn.com/qn_news_story_...StoryId=118230

Originally Posted by Adster

OAPEC cancels 70% of debts owed to it by Iraq

The 75th Council of Ministers meeting of the Organization of Arab Petroleum Exporting Countries (OAPEC) have wrote off 70 percent of accumulated debts owed to the organization by Iraq,

http://www.menafn.com/qn_news_story_...StoryId=118230

Is this train speeding up or are we going down a hill to Baghdad? LOL

Thanks for the info Adster!

krisark

Grace, mercy and forgiveness will help a man walk tall - JCM

i do not think this is the case - as an exchange rate is an exchange rate. but, is there a chance of getting stuck with certain denominations that might become obsolete/void?

aeara,

Whatever currency we have, ie the bigger notes 25k ones will probably get phased out in time after a r/v. You'll be able to exchange them for smaller denominations if and when the time comes. Failing that you'll be able to just exchange them for your own currency of dollars, pounds, euros etc.

Danke.

Originally Posted by krisark

Is this train speeding up or are we going down a hill to Baghdad? LOL

Thanks for the info Adster!

krisark

Grace, mercy and forgiveness will help a man walk tall - JCM

Lol, still going up, but once government in place and SBA done, we'll be starting that downward spiral all the way to 'Wealth' Station!!!