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29-09-2006, 08:27 PM #9801
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29-09-2006, 08:48 PM #9802
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I got this is information a little while ago, all I can say is this person has alot of connections, is a shrewd business man, and is an investor in the dinar.
I know him, because he is a partner of mine in a real estate deal that I have going on right now, he was the one who told me about the dinar, well we met at the construction site and we spoke about what I have been hearing, all the rumors and what have you, what he told me is from what he understands and was told a 2 weeks ago, the dinar will be revalued by the end of the year, he didn’t get a firm date only an amount, 1.67 IQD = 1 USD, he did also say that there have been other rates talked about up to
.60 IQD = 1 USD but nothing lower, but those rates were the rates that he believes everyone anticipates the dinar would reach eventually not start at, but he said he could be wrong, I asked if he thought it would happen by October 1st, he said maybe, but not likely, I asked him if not the 1st then when, he replied the end of November, I asked him about a new currency and a zero lop, ( he chuckled) and said no way, and he went on to say if that were to ever happen heads would roll both here and there, I asked him to elaborate, he said why would they do a zero lop, it would be no help to anyone, nothing would change, if an apple cost 1,000 dinar now it would cost 1 dinar, what’s the difference, the currency still has they same buying power it’s just in lower numbers, he went on to say that theory is completely ridiculous unless you removed the zeros off the front of the current value (example: .00067 becomes .67), I asked him how can they revalue with 10 trillion dinar in circulation, he said that number is not right it’s more like 5 trillion, he also said the countries that are forgiving Iraq’s debts most definitely have the Iraqi dinar in there vaults, to recoup what they are forgiving, he said no one gives up something without something in return, that would be silly..
Well people this is the summary of what I got from him, hopefully this helps some.Last edited by archangel; 29-09-2006 at 09:10 PM.
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29-09-2006, 08:58 PM #9803
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29-09-2006, 09:05 PM #9804
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29-09-2006, 09:09 PM #9805
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I can't find it either but last night was able to back space again and add it to my favorites here is the link:
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29-09-2006, 09:09 PM #9806
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Sus
Are we still on for oct 1st?
Are still an 11 out of 10
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29-09-2006, 09:10 PM #9807
see if this works...
http://www.rolclub.com/iraqi-dinar-d...freedinar.html
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29-09-2006, 09:21 PM #9808
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29-09-2006, 09:30 PM #9809
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29-09-2006, 09:35 PM #9810
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