I think they may be quoting the ICB auction numbers for reference only, as they do not auction enough quantity to put it on a functioning exchange.Mike5200,
I don't think anyone really knows for sure, it woudl seem taht we are being given prices but there is no trading activity info, only prices. Different web sevces are giving out different info. For example Yahoo is giving USD/IQD data, but the one that SGS gave us a link to just before only shows pricing history for the EUR/IQD. I think she got her wires crossed before as i did the same thing, on the Global-View website it gives that iinfo as of today for the EUR/IQD, but gives data from 2003 for the USD/IQD info that make it appear at first sight to be 1:1, but it is actually referring to info from 4/3/03.
The OxForex site is giving prices but openly states that they do not support teh currency and not to open an account as you will not be able to get quotes. Where the data comes from i have no idea. Why we are getting so many different prices from the posts on this site i do not know. The CBI website still says 1475 is the rate, and i woudl have to say that is the rate as we have it right now. I hope that we hear something differnet that can be verified, but as far as i can tell there is nothing. Systems are quoting the prices, it all seems to be geared up now that any change taht is made can be uploaded to anywhere in the world in the blink of an eye. All we need to see now is that it actually happens, how we will find out i still think will be some sort of announcement. I really don't think they will just put it out there, because the vast majoriity need to know why it just went up so much. Really if they did this, how many people that have never heard of the Dinar are going to come out and bash the whole system, and try to say that it is still worthless. If you think about it, it is in our best interest for the Iraqi's to come out with the IMF and the World Bank and say this is what we have done and why! They need to drum up investment business from more than just the Oil COmpanies. Banks outside of Iraq need to be confident to do the trades, becasue they have the most to loose. If they ust paid be 1:1 they need to know 100% that they already have it sold to someoneo else becasue if it goes back to 1:1465 overnight there are banks that would go broke.
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Thread: Go crazy in here!!!
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19-09-2006, 07:57 AM #2461
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19-09-2006, 08:03 AM #2462
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Actually, if you look, I didn't bring it up or mention it until someone flat asked me "what qualification do you have to....." and I said, rather non chlantly that I happen to have read economics, and at one of the finest schools in the world for it, even if I think they were all leftists, they still teach montarism and Keynesian theory pretty well. Of course the think more highly if Mr Keynes that I do, but you don't have to agree with someones theory to be intriuged by it. I mean Y=C-S is a pretty basic statement, and I assure you it is true IN ALL SITUATIONS, but how to influence C and S is something ti takes years of work to do right, and it never is done right because it's not politically feasible to do it right. Mao, Stalin, and GW Bush have all learnt this the hard way.
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19-09-2006, 08:11 AM #2463
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That's Lovely dear but, most don't want opinion or book smart (although I Love BOOKS!)..I am more inclined to also read between the lines of these new's posts...factual or not..You must Especially think that from a forum that has a light and easy attitude must you think that you are the one to open the eyes of the already divine right.
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19-09-2006, 08:20 AM #2464
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Originally Posted by maxib
Hi Ordinaryseawoman and welcome to this friendly forum. Just one thing though you will have to be happy with "ordinarysewoman" as to all the dinar girls there is only one OSW and that is our Mike. Enjoy your time here.
DOH!! Thanks Loki (the trickster?)--I only found out about this place a few days ago...is it too late to become a Dinar Gal???
orDINARyseawoman
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19-09-2006, 08:25 AM #2465
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19-09-2006, 08:25 AM #2466
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19-09-2006, 08:29 AM #2467
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19-09-2006, 08:32 AM #2468
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Man, I'm soo glad CharmedPiper told me about this place...my pleas for moderation and for people to be kind to each other are often drowned out by all the NOISE overthere...
It's nice to log off feeling good--hopeful even, instead of beat down...
Thanks to the Mods and Soopa Mods and all the members that make this such a pleasant place!!!
orDINARyseawoman
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19-09-2006, 08:34 AM #2469
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Oh ya...
NO word Play's on Women and the term O-M-E-G-A
Lol...
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19-09-2006, 08:37 AM #2470
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