I just love the detective work done concerning dinar!
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I just love the detective work done concerning dinar!
our household holds almost twice that.
on another note, i was discussing this thread with a fellow investor who is quite versed in foreign banking practices. he also believes you cant get an accurate count on the circulation money as you have no clue what is being funneled back through the cbi. only with the Tbill auctions.
at any rate, he has been following the financials at the cbi. we discussed the fact that 1.8 trillion dinar appeared out of nowhere in a two week period right before the SBA signing. also in reviewing payment for the year 2005 Iraq paid DelaRue 220 million USD for the printing of the money, but in the latter part of 2005 there was an additional payment of 21 odd million to DelaRue as well. there was no itemization as to what specifically the payments were for. can i get bets on what was being printed additionally for 21M+?? :biggrin:
How about keeping the posts clean. watch the language.
thanks
check post # 36
world wide i bet theres at least 2-3 trillion in the hands of speculators. Its so cheap everyone can buy it and when a friend of a friend hears about it and the that friend tells that friend and then so on down the line. Small players ..big players dosent mater theres little risk for the possibilty of big reward ..not many people will pass it up...the CBI has let this drag on for to long and now have a problem on there hands..basicly there screwed and dont know what to do..thats why we havent seen our RV IMO. Think about this gambling is a huge business and is quite popular casinos world wide make billions if not trillons. Put this knowlege in the minds of a gambler and sure he'll bite. Tank
i was afraid that was it. its an old expression and im sure the giggles part isnt what is offending you. i got reprimanded by another member for using shiite when i was refering to that word and yet there are several here who still use the faction name to replace the word for excrement. i would rather see it how it was stated in post 36, as part of a common phrase, than to use a faction name as replacement. i guess it all depends on your level of offensive behavior you are accustomed to or willing to overlook.
im tellin ya, its the debt relief they want before they revalue the dinar. why would anyone give them relief when they find out how much their currency is worth?? they are simply putting the horse before the cart. watch it unfold starting on the 3rd with the ici.
recommending the dinar investment and the rolclub website is hard
enough with the poor spelling and the butchering of the english
language. Remember the ad " People judge you by the words you use "
i am responsible for post #36. in my opinion it is a harmless expression, and no offense was meant by it. i dont get offended by that word, but i never take into account that some might, for that im sorry
ive always been a little more thick skinned that most.
i will try to tone down my potty-mouth, i'll try to use words like "DARN"
or "SHOOT", " GOLLY","SCHUCKS", "GOSH", "POOH" , "NERTS".
i thought people judged others by what shoes they were wearing? :ro_emote:
actually, 30.25 million dinar to be exact but i just round it off. i bought this much because i feel it will be a gradual climb and the more leverage you have the better off you'll be down the road whichever way it plays out. i have the money so it's not important that i get an immediate return on it; i'm very well diversified so i'll make a ton of money with my other endeavors while waiting for this to pan out or not.
what's your take on the original post of this thread?
I just want to say that we all will never find the true numbers but with all the talk of dilution from all forums. I am just debunking all of them. I don't care what the M2 says. Sometimes common sense will override facts and DD because they might be wrong themselves. My common sense tells me that If Iraq was in a printing frenzy then the rate would continue to either go back up or just do nothing and plus how did Iraq cut inflation down to around 30%? They did something other than what their M2 says. You can fake a number here and there but you can never fake a rate or inflation numbers. One example might be a company saying that they will not dilute their stock but the pps keeps going down for no reason. Will you believe the company or use common sense and say the company lied and we are being diluted. Another example is if a company says they are doing a buyback but the pps stays the same, if they were doing a buyback then the pps should go up. So common sense would say they are doing nothing. My main point here is that we are doing better than we realize. Just let our common sense show us the truth.
We will never know the truth to all of this but as of the past month we have recieved a lot of negative comments concerning Iraq and diluting it's currency from M2 numbers. I will say I have not seen it on RC but I constantly see it where I come from and what RC calls the darkside.lol It is just getting on my nerves. People keep saying if Iraq keeps diluting how can we get a good rate or REVAL? I just want to bring to light that we are probaly not getting diluted at all. I have seen 3 different articles about currency being printed. Today or tommorrow I will post these 3 articles and we can go from there. But my point is the first article says that like 9-10 trillion were printed which gave us a rate of 4000 or so. Well as of this year the CBI M2 claims we now have 21 trillion which equalls 10 or more trillion in dilution. If this is true then why are we steadily moving north. I just want the good people of RC not to be decieved but lets just use the facts and common sense that we have as a guide.
DILUTION=DECREASE IN VALUE
NO DILUTION=NO DECREASE IN VALUE
NO DILUTION AND AN INCREASE IN ECONOMY BOOM=AN INCREASED RATE AND AS WE ALL HOPE FOR,
THE HOLY REVAL
Originally Posted by *jpadrino* . . . From Early March of 2006 . . .
Ok everyone. Just simmer down now. Look at the facts:
http://www.cbiraq.org/key%20financial.xls
In section 5 you can see that M2 went from 21 Trillion in December to 13 Trillion on January 18th. Also, I believe the only relevant number for a reval is the deposit component of M2 because this represents the current potential instant demand.
The deposit component went from 10 Trillion in December to 2.8 Trillion on January 18th! Nearly 8 Trillion Dinar has been removed from the money supply as of JANUARY! Reval here we come!
If you want to blow your mind add in what Scoto has listed from Jan. through last week . . .
**AND THIS RUNS ONLY THROUGH JAN 18TH = 2006**
Thoughts = Please ?? !! ?? = Or is JP & the CBI & their M2 numbers = full of HOOIE / from the rear-end of their 4-legged beasts! . . .
Best to all . . . RR . . .
These are indeed interesting numbers to say the least.
Hey everybody, I've been away working in San Antonio Tx for about the past 7 weeks and have not been able to stop in ROLCLUB to keep up on the latest but it seems to me that events are continuing to plod along. We will get there very soon I think. However, it's very difficult to account for all the possible variables that could potentially have either a positive or negetive impact on the status of the Iraqi Dinar.
I think that the Forex trading the dinar will be the most major development yet. As I see it, this currency trading on the open market is key. Lets all hope that happens very soon.
Wow!!
I also see that there are many new members posting in this thread. I guess I've been away so long that I now feel like the new guy. It's all good. I'm glad to see that the interest in the NID's has not wayned.
Sorry = JP = I didn't mean the *HOOIE* was from you . . . I also saw the original info back on March 17th . . . but you're right it has *magically* disappeared . . .
And I agree = Unfortunately, this begs the ?? = Can we believe *ANY* of their numbers ?? . . .
Hmmm . . . Best to all . . . RR . . .
i strongly believe that they were and will continue to do so in rolling the dice with all of you close watchers.:noserious
P.:cheers:
No offense taken, RR. I just wanted everyone to know I did not fabricate that info.
As to the truthfulness of their numbers, I believe the IMF has the correct numbers, and if the IMF saw the CBI was increasing the money supply from 12.2 trillion at the end of 2004 to 21+ trillion at the end of January, 2007, I think the SBA would be pulled or the CBI would get the smack-down but good. There's no way inflation would be decreasing if the money supply (M2) is increasing.
Just my 2 dinars worth. :party:
http://smileys.on-my-web.com/reposit...espect-055.gif And we will be doing that.
http://smileys.on-my-web.com/reposit...espect-040.GIF