msg160 (Exchange Rate Rumors?): DV 8/13/11

sorry dinardiva but your maths is SO WRONG
5.25 x 1.6 is correct ( or close to ) = $8.4

Dinar diva,
You want to figure that one again? Your figures are showing the USD is worth more than the GBP. Does not compute! So I humbly beg to differ with you. If it takes $1.628 USD to buy 1 GBP, then you would hypothetically multiply, if the dinar is pegged to the GBP, the amount the dinar is to the GBP (in this case 5.25) by that same rate that the USD is to the GBP.
There is no way with the GBP being worth more than the USD that the exchange rate of dinar to dollar would be less than the GBP, even if the dinar is pegged to the USD.
OKie_GEM

Actually guys...look at the first 2 lines again...msg160 is the original poster with the bad math. :joker:

Dinardiva just brought it over here.

OKie_GEM wrote:Dinar diva,
You want to figure that one again? Your figures are showing the USD is worth more than the GBP. Does not compute! So I humbly beg to differ with you. If it takes $1.628 USD to buy 1 GBP, then you would hypothetically multiply, if the dinar is pegged to the GBP, the amount the dinar is to the GBP (in this case 5.25) by that same rate that the USD is to the GBP.
There is no way with the GBP being worth more than the USD that the exchange rate of dinar to dollar would be less than the GBP, even if the dinar is pegged to the USD.
OKie_GEM

Miss Diva Miss Diva Miss Diva.....Ihave to agree with the folks above. If a T shirt in Britian costs 5.25 pounds, than it would take 8.40 of the USA dollars to purchase that T shirt....How do I know that, I've been there...done that! Check you thinkin'......Trust me....

She was partially right. She just forgot to add the 3.22 to the 5.24 which would equal 8.46.

Is this post from OKIE... NO... then why is it in OKIE OIL MAN CHATS ONLY... c'mon peeps.

hello my friends..no I brought it over..copied to make everyone think...looks like Okie's figures are around 3.44 plus. I would like us all to think lover like $3.18 and be pleasantly surprised..vs pleasantly disappointed..no the math is not mine. I am hoping $4.40 would be great. If we RV at a higher rate..whoppeeee ding dong..

sorry, I respectfully disagree, and if 1 dinar equals 5gbp, and at the same time 1 dinar equals $3usd as you say, but $1usd also equals .62gbp (1gbp=$1.62), or put in dinar terms .62gbp divided by 3usd is .20iqd you can identify a problem.... I'll sell my iqd in gbp and then ill buy yours giving you $3usd per 1iqd and smile all the way home keeping almost 100% of your interest due to you (1.62gbp minus your .62)(or, inversely you left nearly 2.5x of your equity). Nothing like ironing out confusion with easy to follow directions for more confusion, your welcome. :)

Think Kuwait, gotta be aligned with them so mid $3's or perhaps just a bit higher if they RV the KWD. Could be lower if they throw out a sucker rate to get those that will be running to the bank. The $3.22 pegged to the GBP was where the $5.25 rumor first got started. At this point quite a few are backing off the pegged to the GBP rumor as well. So I'm hoping for mid $3's, that way the fall won't be so far if it does come out lower.

As of Jan 2011 I have heard only 5.25 from my sources. do not know whether the pound or dollar but heard 5.25 was cash in figureso I guess if it was to the pound it would be it the 3+ range...rick152

rick152 wrote:As of Jan 2011 I have heard only 5.25 from my sources. do not know whether the pound or dollar but heard 5.25 was cash in figureso I guess if it was to the pound it would be it the 3+ range...rick152

I sure like what you're hearin', I'm just mentally afraid to go there. But I also believe that the $5.25 would be tops(even if by chance it is pegged to the GBP) cash in in the states, not $5.25+ GBP on top of that. The $8+ is just too far away from Kuwait. But that's not to say that I would say No to a scenario like that as well, just too much to wrap my head around right now. :pale:

"I would like us all to think lover like $3.18" (Dinar Diva)
JUST having a little fun with your typo~!

Catherine..obviously I am looking for a lover and after we RV..I am sure there will be lots of lovers after me.. all for my money..

Catherine, all these lovers will have to write lengthy essays as to why they want to be my lover..for the love of me or the love of my dinar?!!!! It should be fun..

UR cracking me UP!!! THANK U!

told sis today over vino that we should post for a sugar daddy..she looked at me like I was MAD..(crazy)..I said rich and 80+ would be great with bad eye sight..and bad knees...
poor sis was soooo puzzled..I was just kiddin' Miami is looking good.. :?:

what do you think of this? Family,
You shall hear from DELTA and me good friend......on our CC this coming Monday.

Last Tuesday ........the day after our CC......DELTA called me and said he wanted to post some info on our site. I told him to wait until this coming Monday and we would present the info together to our KTFA Family. He went on to say that the info was broadcasted on Iraqi TV that morning. I said hmmmm......that took a lot of bravado for them to make such a claim because they basically are giving away the rate. I told DELTA that this supports his CBI source once again. If they are stating on Iraqi TV that they are now in the process of lifting the 000's from the "exchange rate" ........then that would leave us with .86. We know and an audit suggested up to 1.30. So with this bold proclaimation on Iraqi TV and their public announcements during their Mosque's prayers in the last few weeks along with articles discussing fils of 500 and 1000 .....agressively trying to tell us something. I then told DELTA to go ahead and post the info on our forum. We have the recording Family. DELTA says it's in Arabic......I told him I don't care if it's in pig latin just bring it!!! We will play it and then DELTA will translate it for you. You will know what was said to the Iraqi citizens last Tuesday and you will take this to the Lord in prayer and allow the Holy Spirit to calm you. For no one knows the day or the rate but it does not take much to realize that the CBI and Shabbi......are trying to tell us something. Please join us this coming Monday so DELTA and I.......can tell you something.

As for our new VIP membership......it is just one of the projects that we are working on with our time off. Trust me......I miss you very much. But there is a need for what we are puttingn together. My webmaster called it "VIP" ........personally I would have called it PS. We have guided you with your investment but I have pounded the rock to remind you to apply PS to your financial gains.......PROPER STEWARDSHIP. It has been my PS to you for three years now to remind you of this cause. One cannot expect God to bless our earnings if we do not apply His blueprint of proper stewardship to it. When I return in the first week of September........we will have a powerful server and be launched by our own financial support. As I told you.....our webmaster has paid for everything himself for six months now. I thank Devin from lifestream.tv . I want you to look at what we are doing as if you are going to college classes. As you can see there is a variety of subjects that we will be helping you with. Let's say when you come to KTFA from now on you will not only be fellowshiping with your Christian Family but you will also be ......going to school.

I look forward to being with you this coming Monday .......we have a powerful presentation to share with you.

My Christian love and Aloha ahui ho.

KTFA,

dinardiva wrote:msg160 (Exchange Rate Rumors?): DV 8/13/11
August 13th, 2011 02:43 pm · Posted in CHATS & POSTS (Iraqi Dinar Info)

I have been in this investment for awhile now (3+ yrs).I have spent alot of time doing my own research. Recently, I have seen wildrumors flying around that the Dinar is pegged to the British pound at 5.25. Ihave seen lately $4.40. Let’s look at reality here. First, I have not found anyevidence that the dinar is pegged to the British pound. The Dinar is stillpegged to the USD. It’s called the petro dollar.

Now, unless I or my financialmanager (who is also invested) missed something to that fact it has notchanged. Second, for argument, if (and that’s a BIG IF) the dinar is going tobe pegged to the British pound at 5.25 somebody’s math is off. Their claim isat 5.25 GBP/IQD, we can expect to make around $8.00(+). Their error is they aremultiplying the GBP/USD exchange rate. i.e. 5.25 GBP x 1.6280 USD = $8.954.This is not the correct exchange rate! Multiply 5.25GBP by the USD/GBP exchangerate. i.e. 5.25 GBP x $.6141 USD = $3.224, this aligns with the articles thathave been posted in the past. Most recently, the article stating the Dinar willRV within a % of the Kuwaiti Dinar. The highest it could RV and stay within theagreement between Iraq and Kuwait would be approximately $4.00(+). (If you think I’m wrong,research the articles that have been posted on this site and several other sites lately).

I do not post allot on the site. But, I decided to post this because I do notwant the people in the DV family making plans on a RV rate that is not factual.I have questioned several people on this subject and asked for their opinion.They all have come to the same conclusion, the $8+ cash-in rate is unrealisticfor hundreds of reasons, some already been posted. A RV rate between $3.22 to$4.40 has a greater possibility. Please think this out with reason, please dont let emotions influence the good judgement you have.

“Plan for the worst, Hope for the Best”.

God Bless the DV Family

this is an easy one go to any currency converter and convert 5.25 GBP to USD and itwill be over $8.00 they take all the guess work out.

reverse this then 3.22 usd would buy 5.25 gbp? if so then the Aud will buy about 3.6 Usd appox, so i could make 40% on this, wow, i hope that i am reading this right i would not be waiting for Iraq, i will go with Gbp now.
please tell me he is right!!