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Post by roxy22222222 Sat May 27, 2017 5:25 pm

MOSUL IS LIBERATED...THERE ARE STILL FIGHTING POCKETS...BUT MOSQUE IS DONE...ARTICLES SHOULD COME OUT TOMORROW SO FOR NOW THIS IS...IMO....
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Frank26 5/27/17 Empty Re: Frank26 5/27/17

Post by ReapAndSow73 Sat May 27, 2017 5:37 pm

Congrats to Mosul and its inhabitants, they deserve freedom from the evil that is ISIS.  Has zero to do with an RV, but I'm happy for Mosul!
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Frank26 5/27/17 Empty Re: Frank26 5/27/17

Post by MaGoo Sat May 27, 2017 5:42 pm

ReapAndSow, how do you know? Rather then giving me the same ole anti guru routine..........How do you know Mosul has nothing to do with their currency?

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Post by Real world Sat May 27, 2017 5:57 pm

This man is playing you there will be a rv when Iraq is ready not when that fool calls it or even close he has no idea he's playing everyone for the fool

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Post by Real world Sat May 27, 2017 5:57 pm

This man is playing you there will be a rv when Iraq is ready not when that fool calls it or even close he has no idea he's playing everyone for the fool

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Frank26 5/27/17 Empty Magoo esponse

Post by BingoTO Sat May 27, 2017 6:12 pm

Hey Magoo - here's how I can tell you it won't happen with mosul falling. If you actually have followed EVERY freaking guru for 15 years, they have called every major event as the milestone for the RV to start. It has nothing to do with events and all to do with Trillions of Dinar in circulation which couldn't possibly be revalued. It WILL redominate, but no one gets rich from that. If you'd care to put money on it with me I'd be happy to take the "no RV" side after Mosul is announced. You want to put your money where your mouth is? Didn't think so. I expect crickets. Seen way too many people lose houses, cars, insurance from this scam.

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Post by MaGoo Sat May 27, 2017 9:06 pm

BingoTo
Ok, sounds like an opinion. I really don't give a rats ass what the gurus say. I asked a simple question that obviously your unable to answer. Your giving an opinion because of what the guru's have said? That makes you no better then they are. How do you know Mosul doesn't have something to do with the sovereignty of Iraq? You tell me their are trillions of dinars out their, well then your buying into the guru speak. The gurus are the ones who have said their are trillions out their, not the C.B.I., in fact the C.B.I has never stated how much dinar is out their. I didn't say it would RV after Mosul. I just asked how do you know it won't, and then you give me all this anti guru crap to back up your OPINION. The real answer is you don't know. You don't know what their going to do, and attacking people like me who have maybe  have an outside hope that their is a profit in here somehow with out having all the facts, just shows how ignorant you are. Have you researched post war countries and what happens to their currency? No. Have you researched W.T.O. requirements? No doesn't sound like it. Educate yourself a little more, stop reading the guru's, and maybe we could have, a half way decent conversation.....I somehow don't think your capable of doing that.

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Frank26 5/27/17 Empty Re: Frank26 5/27/17

Post by Sam I Am Sat May 27, 2017 10:29 pm

Actually, it's possible that there will be a revaluation after Mosul is liberated, but if you understand the true nature of revaluations this only means a bump from 1182:1 to 1170:1 or maybe even 1160:1.  That's not likely because they have only raised the value once since Jan. 1, 2009 from 1170:1 to 1166:1 which was an increase of about 1/3 of 1%.  That was in Jan of 2012, and the only reason they did that was to address a spike in the inflation rate after the coalition forces left Iraq at the end of 2011, which left them with more dinars and fewer USD.  I maintain that a devaluation from 1182:1 to 1190:1 is far more likely, but I wouldn't say that an RV can't happen.  Regardless of what they do, it's not going to make anybody any real money because revaluations just don't work that way.

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Post by MaGoo Sun May 28, 2017 12:18 am

Well then their you go. Your talking about a managed rate while under ch 7. All markets react to supply and demand. That's the way it is, and that's the way it's always been. Let's say they do "RV" at 1160-1. I don't care what they come out at. Basic economics of supply and demand tells me, that as soon as the currency goes international, supply and demand will take over, and that's not something you can control. The market sets the rate in the end. Their are billions of investment dollars waiting to come into Iraq. Paying contractors and investors at 1160-1 doesn't really make sense. We'll see. Re-denomination they could have done by now. A lop they could have done by now. When this currency hits the global market, I think were going to see things no one has seen before. 
Pull up Iraqi news . It's all in English, and you can pull up the Iraqi business report everyday, battle field reports, current and future investments coming in etc ......Everything I've read says their going to do something to enhance the value of their currency....We'll see

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Post by Sam I Am Sun May 28, 2017 12:38 am

What do you mean by "going international"?  If you mean that the IQD will be traded on Forex, that's not going to happen.  None of the countries of that region have their currencies traded on Forex because they're all pegged.  That's because their economies are mostly based on oil, and the price of oil fluctuates wildly which would make their currency fluctuate wildly if it was free floating.  A wildly fluctuation currency valuation would drive away foreign investment and trade, so they peg the exchange rate to keep it stable.  The only way they're going to put their currency on the foreign exchange is if they have an economy that's more than 50% non-petroleum.  That means that they'll have to develop their manufacturing and service sectors.  That'll take at least a generation, and by that time the IQD will be history.

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Frank26 5/27/17 Empty Re: Frank26 5/27/17

Post by RamblerNash Sun May 28, 2017 11:59 am

MaGoo wrote:Well then their you go. Your talking about a managed rate while under ch 7. All markets react to supply and demand. That's the way it is, and that's the way it's always been. Let's say they do "RV" at 1160-1. I don't care what they come out at. Basic economics of supply and demand tells me, that as soon as the currency goes international, supply and demand will take over, and that's not something you can control. The market sets the rate in the end. Their are billions of investment dollars waiting to come into Iraq. Paying contractors and investors at 1160-1 doesn't really make sense. We'll see. Re-denomination they could have done by now. A lop they could have done by now. When this currency hits the global market, I think were going to see things no one has seen before. 
Pull up Iraqi news . It's all in English, and you can pull up the Iraqi business report everyday, battle field reports, current and future investments coming in etc ......Everything I've read says their going to do something to enhance the value of their currency....We'll see


Can you hear the loud sucking sound as the trillions of Dinar get returned back to Iraq and exchanged for USD, depleting their reserves? LOL

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