Latest topics
Frank26 says IQD will eventually rise to reflect the true value of the country’s oil wealth.
5 posters
Page 1 of 1
Frank26 says IQD will eventually rise to reflect the true value of the country’s oil wealth.
Frank26
[Frank...you said there has to be a rate before the HCL can happen. Does that mean before they vote on it or does it take time after the vote to implement it and it needs a rate before its implemented.]
IMO...Before implemented.
Article: "IRAQ’S CURRENT ECONOMIC OUTLOOK AND HOW IT CAN AFFECT DINAR VALUE"
Quote: "With the economic boom led by Iraq’s oil industry, the national currency in the form of the Dinar will eventually rise to reflect the true value of the country’s oil wealth.
The rise will most likely happen when the National Bank of Iraq lifts the artificially low value placed on the nation’s currency in 2003."
When a Nation Uses and Trades in it's OWN Currency it automatically adds Value and Confidence (Trust) in it. Yes this Baby is Born...But it is in it's infancy...Soon to walk to a run...Quickly. The whole article gives me chilly bumps...!
3-30-2017
~~~~~~~~~~~~~~~
[Someone is asking the question...he states that as the IQD is given value that Iraq would make all IQD outside of their borders null and void...]
...no the dinars outside of Iraq will not be null and void...we will exchange them...and here in the US we will go to our banks and our banks will send it to the US Treasury...it is not even going back to the CBI...
I told you no one cares about you as an investor...if you add us all up we are not even the size of one country that has a lot of dinars in their reserves as foreign currency reserves...
the CBI knows darn well that we are going to exchange our currency in the US...
3-29-2017
Last edited by Ponee on Fri Mar 31, 2017 2:32 pm; edited 1 time in total
Ponee- Admin
- Posts : 38267
Join date : 2011-08-09
Re: Frank26 says IQD will eventually rise to reflect the true value of the country’s oil wealth.
US banks don't handle the IQD. We've established that with links to Wells Fargo, BOA, Chase ... etc. You'll have to find a dinar dealer to conduct any exchanges, and they're being shut down by the Feds.
Look, there's 30 trillion dinar in cash outside of Iraq. (Professor Bunting says 35 trillion so I'm bring conservative.) Now, if you were the head of the CBI, what would you do? Revalue the dinar to $1 and create a $30 trillion debt obligation to all of these speculators (Iraq's total GDP is less than $200 billion/year), or spend $150 million to redenominate which only brings a debt obligation of $30 billion to speculators IF they can somehow manage to get those dinar back to Iraq to exchange them? I think the answer is obvious.
Look, there's 30 trillion dinar in cash outside of Iraq. (Professor Bunting says 35 trillion so I'm bring conservative.) Now, if you were the head of the CBI, what would you do? Revalue the dinar to $1 and create a $30 trillion debt obligation to all of these speculators (Iraq's total GDP is less than $200 billion/year), or spend $150 million to redenominate which only brings a debt obligation of $30 billion to speculators IF they can somehow manage to get those dinar back to Iraq to exchange them? I think the answer is obvious.
*****************
Busting Gurus Since 2011
Re: Frank26 says IQD will eventually rise to reflect the true value of the country’s oil wealth.
Oil economic boom? Oil is dropping, Opec is in serious trouble, our Awesome president Trump is using our own resources to stop the dependency on foreign countries for our oil, don't any one listen to our president, he made promises in his campaign, now he is fulfilling them, we will not have to depend on Iraq or the Saudis or anyone else for that matter, that to me is the greatest news I have heard to come out of a president in years, gas will start dropping down to a $1.50 a gal in a year, you guru lovers are in for a big surprise, invest in America, not a bunch of Allah loving ,American hating Muslims, do you really think that these people who are Muslims really want to see you rich? Come on, get a grip on reality. Iraq is corrupt to the core, Opec is corrupt to the core.
Things are getting ready to change for the better for the United States of America. And I'm not talking about a scam called a RV.
Things are getting ready to change for the better for the United States of America. And I'm not talking about a scam called a RV.
Chaz- VIP Member
- Posts : 2195
Join date : 2015-12-27
Re: Frank26 says IQD will eventually rise to reflect the true value of the country’s oil wealth.
Frank26 is full of shit, and anything he says should be taken with a grain of salt the size of an EDSEL-He's one of a lot of gurus that have helped people lose their asses, and they all should be shot, and the survivors shot again, until dead- Finished business, I say....
Terbo56- VIP Member
- Posts : 13675
Join date : 2011-06-18
Age : 67
Location : Central Florida-
Re: Frank26 says IQD will eventually rise to reflect the true value of the country’s oil wealth.
Well unfortunately a civilized society like us don't do those things here, but I guarantee if the gurus was in third world countries like Asia or the middle east, even south America or especially Africa, they would probably shoot them, but I believe when they get caught here in the USA, I hope they give them a heavier sentence than they gave Tony baloney.
Chaz- VIP Member
- Posts : 2195
Join date : 2015-12-27
Re: Frank26 says IQD will eventually rise to reflect the true value of the country’s oil wealth.
A civilized society, you say? How many people get shot and killed just in central Florida, alone? Christ, it's every night on the news about some idiot getting pissed because someone cut him off in traffic, and turns into road rage, people are shot 24/7 down here, and as far as civilized, that is coming to a screaming halt, because people do stupid things to justify reasons for shooting and killing people- Drive bys, car jackings, purse snatching, killing old 93 year old ladies for $73.00, shooting some ones boyfriend because they 'boned' his 'ol lady, kicking senior citizen's doors down for money and prescription pills- Look at what Markeith Loyd did to two Florida Law enforcement officers, AND his pregnant girlfriend-Shot them all to hell, he did, 'til they were dead! It's an all the time, everyday thing down here- I am locked and loaded, because it can strike anywhere, at any time, and I will protect my wife and myself to the death-- And, heavier sentence? How about a heavier 'rope'?
Terbo56- VIP Member
- Posts : 13675
Join date : 2011-06-18
Age : 67
Location : Central Florida-
Re: Frank26 says IQD will eventually rise to reflect the true value of the country’s oil wealth.
Well there are worse places, at least I can carry a gun on my hip here in Arizona, I can defend myself & others, not to many places over seas can you do that, your a target for the Muslims any where else, not to say here but I've got a gun on my hip right now.
Sure people are dying here, it's a dark world every where.
Sure people are dying here, it's a dark world every where.
Chaz- VIP Member
- Posts : 2195
Join date : 2015-12-27
Re: Frank26 says IQD will eventually rise to reflect the true value of the country’s oil wealth.
Yep, and I carry one in my truck, my waistband, or next to my armchair in my livingroom- It's a sad day when you have to have a gun to keep what you have, or keep your life from being invaded, and honestly, I never thought I'd see the day when anyone had to do that, seriously-
Terbo56- VIP Member
- Posts : 13675
Join date : 2011-06-18
Age : 67
Location : Central Florida-
Re: Frank26 says IQD will eventually rise to reflect the true value of the country’s oil wealth.
This nations moral compass has gone south, society has come to a new low, but there's hope still , Jesus is the way & the truth, but I'm not going to let some radical Islamic wackos run me down the road try to cut my head off ether, nor will I let one try to rape someone right in front of me, I don't have to kill them, but they must understand that those things will not happen here in America, our founding fathers had a prophetic visions of these things , meaning those vision came from God for a reason, once you get that revelation, I feel comfortable using any means possible to defend myself & my love ones, especially the innocent, only when there is no other way, if I can out run some one I'll do that first, but my running days are almost over, LOL,,, so what is there lift to do? Noticed I said defend myself, or others.
Chaz- VIP Member
- Posts : 2195
Join date : 2015-12-27
Re: Frank26 says IQD will eventually rise to reflect the true value of the country’s oil wealth.
I did, and duly noted- I can't run anyway, and don't want to, and ain't going to-This country has gone right down the shitter shortly after Kennedy was assassinated, and then the world stopped turning, if only for a moment, but has been incinerated by the Khazarian over reach, also known as the united states Government-Every president that I know of has been a mistake, after Kennedy, and that is a fact- Everything was fine 'til wife beater Lyndon Johnson took the reigns, and if he isn't dead now, he ought to and should be-He was one of the world's worst bastards, and everyone looked the other way-
Terbo56- VIP Member
- Posts : 13675
Join date : 2011-06-18
Age : 67
Location : Central Florida-
Re: Frank26 says IQD will eventually rise to reflect the true value of the country’s oil wealth.
When the church aloud prayer to stop in our schools, when the church aloud the 10 commandments to be put out of our court houses, when the church caved into the 501c tax exempt just to save some money & was only allowed to preach what our government allows them to preach was when it went down hill, oh I could mention more, but I think I'm tiring a listener here that just made a post on another subject, so I'll let them have a turn.
Chaz- VIP Member
- Posts : 2195
Join date : 2015-12-27
Re: Frank26 says IQD will eventually rise to reflect the true value of the country’s oil wealth.
That was 'Benttree'- He sounds like someone stole the surprise out of his box of Crackerjacks-Apparently we talk about boring subjects- Oh well-Maybe 'cheeze' would go well with his 'Manichewitz Whine'-
Terbo56- VIP Member
- Posts : 13675
Join date : 2011-06-18
Age : 67
Location : Central Florida-
Re: Frank26 says IQD will eventually rise to reflect the true value of the country’s oil wealth.
Sam I Am wrote:US banks don't handle the IQD. We've established that with links to Wells Fargo, BOA, Chase ... etc. You'll have to find a dinar dealer to conduct any exchanges, and they're being shut down by the Feds.
Look, there's 30 trillion dinar in cash outside of Iraq. (Professor Bunting says 35 trillion so I'm bring conservative.) Now, if you were the head of the CBI, what would you do? Revalue the dinar to $1 and create a $30 trillion debt obligation to all of these speculators (Iraq's total GDP is less than $200 billion/year), or spend $150 million to redenominate which only brings a debt obligation of $30 billion to speculators IF they can somehow manage to get those dinar back to Iraq to exchange them? I think the answer is obvious.
I still laugh at these statements:
Frank26 wrote:Quote: "With the economic boom led by Iraq’s oil industry, the national currency in the form of the Dinar will eventually rise to reflect the true value of the country’s oil wealth.
If that's the case, then why hasn't Iraq already done that? LOL
Then of course they are going to back their currency with the oil that's still in the ground. LOL
*****************
>>>TNTBS's YouTube Channel<<<
RamblerNash- GURU HUNTER
- Posts : 24270
Join date : 2015-02-19
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
Yesterday at 6:02 am by Ditartyn
» Dave Schmidt - Zim Notes for Purchase (NOT PHYSICAL NOTES)
Sat Mar 23, 2024 9:25 am by swizzlestick
» ZIGPLACE
Wed Mar 20, 2024 6:29 am by Zig
» CBD Vape Cartridges
Thu Mar 07, 2024 2:10 pm by Arendac
» Classic Tony is back
Tue Mar 05, 2024 2:53 pm by Mission1st
» THE MUSINGS OF A MADMAN
Mon Mar 04, 2024 11:40 am by Arendac
» Minister of Transport: We do not have authority over any airport in Iraq
Mon Mar 04, 2024 11:40 am by Verina
» Did Okie Die?
Mon Mar 04, 2024 11:34 am by Arendac
» Hello all, I’m new
Wed Jan 31, 2024 8:46 pm by Jonny_5
» The Renfrows: Prophets for Profits, Happy Anniversary!
Wed Jan 31, 2024 6:46 pm by Mission1st
» What Happens when Cancer is treated with Cannabis? VIDEO
Wed Jan 31, 2024 8:58 am by MadisonParrish
» An Awesome talk between Tucker and Russell Brand
Wed Jan 31, 2024 12:16 am by kenlej
» Trafficking in children
Mon Jan 29, 2024 7:43 pm by kenlej
» The second American Revolution has begun, God Bless Texas
Mon Jan 29, 2024 6:13 pm by kenlej
» The Global Currency Reset Evolution Event Will Begin With Gold, Zimbabwe ZWR Old Bank Notes
Sun Jan 28, 2024 3:28 pm by Mission1st
» Tucker talking Canada
Wed Jan 24, 2024 6:50 pm by kenlej
» Almost to the end The goodguys are winning
Mon Jan 22, 2024 9:03 pm by kenlej
» Dinar Daily Facebook Page
Mon Jan 22, 2024 3:34 pm by Ponee
» The Fundamentals of Finance and Pimpy Live
Thu Jan 18, 2024 7:17 am by Dinarhater
» Why Won't the Iraqi Dinar Scam Die?
Wed Jan 17, 2024 5:19 pm by RamblerNash