IRAQ DINAR BASICS ™
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Post by Rooster Wed May 04, 2011 8:14 pm

denaridori post

First, I have no doubt as to the credibility of a person who receives intel from a supposed reliable source such as the CBI. Furthermore, I have no problem of their sharing the information received, as do all other mods.

The case for an .85 cents revalue was made which could be interpreted as a reasonable explanation, however, here's why it shouldn't, wouldn't, or couldn't happen. Consider this:

1 - How is the government supposed to train the uneducated Iraqi citizens as the dinar continues to rise? Are they planning to do trainings every time it revalues? Wouldn't bankers or family members be able to explain it?

2 - Iraq cannot exist financially, politically, or economically should the dinar start at 85 cents. It doesn't support any of the contracts they currently have and wouldn't benefit anyone in the world including themselves, for the sole purpose of teaching people what the dinar value is?

3 - All the hooplah we've been hearing about the last weeks about the 85 cents RV does not make sense or add up to the fact that we're looking for an RV to jump start the economy for the entire world to benefit. For example, the USA with their unbalanced budget, China who has pardoned Iraq's huge debt, France is hurting, and Germany is anxious to get this done so they don't have help the EU countries, not to mention the impact it will make upon Kuwait, Saudi Arabia, other mid-eastern countries, contractors, infrastructure, natural gas, and their monetized undrilled oil reserves.

So....could it be possible that someone from the CBI in Iraq is feeding "convincing intel" for the sole purpose of motivating dinar sales?

Think about it.... while it sounds credible coming from the CBI, how could somebody jeopardize their job and the credibility of the CBI themselves which was obviously meant to be heard. How often do we hear intel coming from the CBI itself? Isn't that considered "inside trading"? -- it just takes a penny above the current .0086.

With that being said, I still believe it's VERY reasonable to believe that the RV will come in (very soon) at a minimum of 3.22 and will go up from there after the investors come on board. Then, Iraq will truly have a recognizable, international, currency they could be proud of for all to benefit.

Rooster
Rooster

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Join date : 2011-04-16

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