Thread: The Lop...... ITS OVER

Originally Posted by Yankeefan

If you do a website check on most of the iraqi news sites, they are mostly in the USA also

Wasnt the CBI website hosted in the USA....lol.....

Originally Posted by Hardwood

FYI- A quick Whois search of foratnews.com found this:

Current Registrar: TUCOWS INC.
IP Address: 64.151.120.120 (ARIN & RIPE IP search)
IP Location: US(UNITED STATES)-CALIFORNIA-SAN FRANCISCO
Record Type: Domain Name
Server Type: IIS 6
Lock Status: clientDeleteProhibited
Web Site Status: Active
DMOZ no listings
Y! Directory: see listings
Secure: No
E-commerce: No
Traffic Ranking: 2
Data as of: 14-Jun-2005


TUCOWS is the registrar? And IP based in the US (San Francisco)??

Not sure how legitimate a source this is.....something smells fishy here.

here is an example of a popular iraqi news site sotaliraq.com

whois.enom.com] =-=-=-= Visit AboutUs.org for more information about sotaliraq.com <A href="http://www.aboutus.org/sotaliraq.com">AboutUs: sotaliraq.com</A> Domain name: sotaliraq.com Registrant Contact: Whois Privacy Protection Service, Inc. Whois Agent ([email protected]) +1.4252740657 Fax: +1.4256960234 PMB 368, 14150 NE 20th St - F1 C/O sotaliraq.com Bellevue, WA 98007 US

Ruh-Row Raggy......!

Are we uncovering a conspiracy here? All Iraqi websites originating from the US? Could our government be running these sites to throw us off course?

THAT would be hilarious!

Just having fun....seriously...you are right, all these sites are amateurish at best. At least the English versions.....can't comment on how the Arabic sides "look"....

All kidding aside, this article is nothing to sweat over in my humble opinion.

Yankeefan needs to be educated: A lop is only appropriate in the case of "HYPERINFLATION" like Russia and Venezuela...Iraq is not even close to that scenario!! In fact Iraq's inflation rate is on a slow decline (very very slow).

Originally Posted by danny51

Yankeefan needs to be educated: A lop is only appropriate in the case of "HYPERINFLATION" like Russia and Venezuela...Iraq is not even close to that scenario!! In fact Iraq's inflation rate is on a slow decline (very very slow).

Though I understand what you are saying and an education is not what I need because I have been invested for quite some time. The fact remains, all those articles saying Iraq wants to return to previous levels, what people fail to understand (or refuse to understand) is back in the day when Iraq's exchange rate was high ($2 - $3+) they had small denominations, they never had 1k,5,k,10k,25k notes, so in order for them to return to previous levels they need the same denominations of currency, that would mean bringing them down from trillions to billions (like it was back in the days of a high exchange rate), IMO if they remove the 3 zero's they can have a high exchange rate $3+, while I know it sounds bad and everyone hates that theory but in essence the Iraqi people would be able to triple there money, (which makes more common sense then suddenly everyone in Iraq becoming millionaires overnight, and while us regular non Iraqi investors may hate it, because making 3x on our investment just doesn't cut it for many it's what truly makes sense in this situation. JMHO

Originally Posted by Yankeefan

Though I understand what you are saying and an education is not what I need because I have been invested for quite some time. The fact remains, all those articles saying Iraq wants to return to previous levels, what people fail to understand (or refuse to understand) is back in the day when Iraq's exchange rate was high ($2 - $3+) they had small denominations, they never had 1k,5,k,10k,25k notes, so in order for them to return to previous levels they need the same denominations of currency, that would mean bringing them down from trillions to billions (like it was back in the days of a high exchange rate), IMO if they remove the 3 zero's they can have a high exchange rate $3+, while I know it sounds bad and everyone hates that theory but in essence the Iraqi people would be able to triple there money, (which makes more common sense then suddenly everyone in Iraq becoming millionaires overnight, and while us regular non Iraqi investors may hate it, because making 3x on our investment just doesn't cut it for many it's what truly makes sense in this situation. JMHO

Excellent reply...either way we will be getting a handsome return on a modest investment.

Thanks for your candor.

Originally Posted by Yankeefan

IMO if they remove the 3 zero's they can have a high exchange rate $3+, while I know it sounds bad and everyone hates that theory but in essence the Iraqi people would be able to triple there money, (which makes more common sense then suddenly everyone in Iraq becoming millionaires overnight, and while us regular non Iraqi investors may hate it, because making 3x on our investment just doesn't cut it for many it's what truly makes sense in this situation. JMHO

Just what I expected to hear, economically intellectual and plain sane for a pragmatic viewpoint shared. It does sound like a correct crunch one hears when a good apple is bitten... and it is an Apple we get to hold and see....unlike many believing it is an ORANGE they prefer believing in...

Not sure I'd take info from Foratnews too seriously....Iran isn't the most trustworthy source of news.

foratnews.com | Owner: Mizban Network, Iran, # 140 Molasadra, # 1 Second Floor, Tehran, Tehran 1435915361 | Server location: United States

What's wrong with making 3 times our investment? 2 million dinars becomes 6 million dinars...why would that be upsetting?

Originally Posted by apwerner

What's wrong with making 3 times our investment? 2 million dinars becomes 6 million dinars...why would that be upsetting?

They are talking for an example, I invested $1000 for dinar at 1250 to the $1. That would give me 1250000 NID. Drop three zeros would equal 1250 NID. Then rv to 1 NID to $3.00 would give you $3750. Roughly three times your investment.