The IQD will RV and it will do so before the end of 2011 because ---

ymoilman wrote:Thursday, December 29, 2011
The IQD will RV and it will do so before the end of 2011 because ---
12-29-2011 DocDinar: In my opinion, the IQD will RV and it will do so before the end of 2011, no later than mid January 2012. It will RV because

(1) Iraq says it will have the most valuable currency in the Middle East
(2) Iraq’s currency should reflect its natural wealth in oil, gas, minerals, diamonds, etc.
(3) Iraq cannot continue to operate with a worthless currency
(4) Iraq may not enter the WTO without an internationally tradable currency
(5) Iraq may not be released from Chapter 7 without an RV
(6) Iraq is spending enormous sums of money on U.S. jets, weapons, oil contracts, etc.
(7) Public Iraqi bank accounts are overdrawn and require an RV
(8) The RV is essential to meet the Iraqi 2012 budget
(9) The RV is essential to combat inflation in Iraq
(10) The Euro (global) financial crisis requires the RV
(11) The U.S. said the Iraq war would not cost anything financially and the U.S. stands to take in about $60 billion over the next several years from the RV, and
(12) In addition to the U.S., many world governments own trillions of dinars and are depending on the RV to shore up their bottom lines
(13) Iraq does not want to lose OPEC membership
(13) As Christine Lagarde of the IMF stated, "This partnership has facilitated substantial debt relief and helped achieve macroeconomic stability, including a strong dinar, low inflation, and a resumption of economic growth."
(14) Iraq does not want to have wasted ten years of hard work, lose all power, and return to full sanctions for 3 years.


So, be encouraged; this long journey is just about to end and an exciting new beginning for our lives is about to start.


To Our Success,
Jeff (Duckyboy)
http://iqdbigbeachparty.webs.com/
Posted by John MacHaffie at http://nesaranews.blogspot.com/

ymoilman wrote:Thursday, December 29, 2011
The IQD will RV and it will do so before the end of 2011 because ---
12-29-2011 DocDinar: In my opinion, the IQD will RV and it will do so before the end of 2011, no later than mid January 2012. It will RV because

(1) Iraq says it will have the most valuable currency in the Middle East Iraq actually stated the STRONGEST, which doesnt always equate to highest value....
(2) Iraq’s currency should reflect its natural wealth in oil, gas, minerals, diamonds, etc. Yes, it SHOULD but doesnt HAVE to, nor on any specific time frame
(3) Iraq cannot continue to operate with a worthless currency Its not worthless, it has a value and has risen over 8 years. Its just not the value we all want.....
(4) Iraq may not enter the WTO without an internationally tradable currency Who says they are entering the WTO anytime soon?
(5) Iraq may not be released from Chapter 7 without an RV Show me where it states that in the UN resolutions for Ch 7?
(6) Iraq is spending enormous sums of money on U.S. jets, weapons, oil contracts, etc. Yep, they sure are. And they have BILLIONS of USD to use....
(7) Public Iraqi bank accounts are overdrawn and require an RV Huh???? Who's accounts are overdrawn?
(8) The RV is essential to meet the Iraqi 2012 budget Budgets dont get balanced by a country changing their value. They balance it by reducing spending and earning more.....
(9) The RV is essential to combat inflation in Iraq Well... they reduced inflation over 8 years with the auctions, so is it really ESSENTIAL?
(10) The Euro (global) financial crisis requires the RV Who said that Iraq is the savior of the world?
(11) The U.S. said the Iraq war would not cost anything financially and the U.S. stands to take in about $60 billion over the next several years from the RV, They struck deals on oil to cover this, not sure the rv is the answer....and
(12) In addition to the U.S., many world governments own trillions of dinars and are depending on the RV to shore up their bottom lines Big mistake for any country to do. NEVER rely on another country to save you....
(13) Iraq does not want to lose OPEC membership How will they lose OPEC membership?
(13) As Christine Lagarde of the IMF stated, "This partnership has facilitated substantial debt relief and helped achieve macroeconomic stability, including a strong dinar, low inflation, and a resumption of economic growth." They are strong now, they have a very stable rate and plenty of assets backing their dinar.
(14) Iraq does not want to have wasted ten years of hard work, lose all power, and return to full sanctions for 3 years. Huh? Full sanctions for 3 years? Over what, not rv'ing????


So, be encouraged; this long journey is just about to end and an exciting new beginning for our lives is about to start.


To Our Success,
Jeff (Duckyboy)
http://iqdbigbeachparty.webs.com/
Posted by John MacHaffie at http://nesaranews.blogspot.com/