Dinar Daily
Welcome to Dinar Daily Discussions.

Logging in with your USERNAME allows you to participate in discussions, see what has recently been posted, and other options. Guests can post but they do have limited abilities.

We are NOT a guru forum. We are a dinarian forum. The opinions expressed on the forum do not reflect the of opinion of Dinar Daily specifically, but rather reflect the views of the individual posters only.


We are in compliance with, "Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use."

Join Us for Dinar Discussions and More -- We Keep it REAL
HomeSearchMemberlistFAQLog inRegister
Help Us Drain the SWAMP in DINARLAND

REPORT TONY RENFROW for violating his Court Order to stay away from Dinar -

Judge's email: ksd_murguia_chambers@ksd.uscourts.gov
PHONE - 913-735-2340

DA's email: Scott.Rask@usdoj.gov
PHONE - 913-551-6730

Key Words
Adam Montana, AdminBill, Benjamin Fulford, Currency Exchange, David Schmidt, Dinar, Dinar Guru, Dinar Recaps, Dinar Rv, Dinar Scam, Dr Clarke, Frank26, Gary Larrabee, Gurus, Guru Hunters, JerzyBabkowski, Kaperoni, Kenny, Monetary Reform, Mnt Goat, My Ladies, Okie, Poppy, RamblerNash, Ray Renfrow, Redenomination, Revaluation, Ssmith, TNTBS, Tnt Tony, WING IT, We Are The People, Willis Clark, WSOMN, Yosef, Zap
Share | 

 Breitling " It's Simply Not Going to Change pt" 10/1/17

Go down 

Posts : 2850
Join date : 2015-04-20

PostSubject: Breitling " It's Simply Not Going to Change pt" 10/1/17   Sun Oct 01, 2017 11:11 pm

...What's the number 1 thing that could delay it [The RV]?  It's oil prices going up...If the price per barrel goes up then Iraq can delay the RV coming down the road...what are the windows?  It changes. ...I have absolute confidence in the value of the Iraqi dinar.  Let's say oil prices go up and it delays it...You have confidence?  Yeah, absolutely!  100%.  Nothing is going to change that.  It's the timing that might deflect it here or there but that's not going to change it.  It's simply not going to change it....
Back to top Go down
View user profile
Sam I Am

Posts : 1263
Join date : 2016-01-21

PostSubject: Re: Breitling " It's Simply Not Going to Change pt" 10/1/17   Mon Oct 02, 2017 2:48 am

His underlying assumption here is that higher oil prices will provide more revenues for Iraq, thereby relieving the economic pressure to increase the value. In the past the stated purpose for the RV was to return the dinar's value to its rightful place before Saddam Hussein started screwing with it. Both are wrong. There is no pressure at all to raise the value of the IQD. Whether the price of oil goes up, down, or sideways the dinar is on a managed float to maintain exchange rate stability as per the CBI's stated policy. A year from now the IQD's value will still be around $.00085 whether oil is selling for $100/bl or $30/bl. As for the rightful value of the dinar, if anything it's overvalued. Divide the foreign currency reserves total of $50 billion by the M1 money supply of 70 trillion dinar and you get about $.00071 instead of the current value of $.00085.

Busting Gurus Since 2011

Back to top Go down
View user profile http://www.jewandgreek.com
Breitling " It's Simply Not Going to Change pt" 10/1/17
Back to top 
Page 1 of 1

Permissions in this forum:You cannot reply to topics in this forum
Jump to: