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Admin Bob thinks CBI has an  effective plan to exchange a manageable Iraq gold coin for dinar. I_icon_minitimeYesterday at 6:02 am by Ditartyn

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Admin Bob thinks CBI has an effective plan to exchange a manageable Iraq gold coin for dinar.

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Post by Ponee Sun Jan 10, 2016 12:33 am

Admin Bob  


Article:   "Central bank: Stamping contracted 10 000 specie to diversify their savings and get a 24 carat gold"   Quote:  "...a confirmation of his announcement earlier intention to sell gold different weights for those wishing to purchase it from the citizens..."     Sure looks like this is part of the plan to get the dinar out of the citizens homes.   ...a means of consolidation which is a very basic but effective plan to exchange a manageable Iraq gold coin for dinar.  With trillions of dinar held by citizens, they should jump at the chance to get rid of it.

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Post by Kevind53 Sun Jan 10, 2016 9:59 am

The gold coin is worth about 530 USD, which makes it worth about 623K IQD, in melt weight. Do you really think everyone is going to go out and buy one, and if so that they will actually spend it? It will be useless in day to day trade, and cost somewhere between 4-6 months average income. Doing all this in my head so it might be off a little, but Admin Bob should stick to his ban button.

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Post by aksafeone Sun Jan 10, 2016 5:15 pm

Sure, just go to the gold standard.  What happens with the gold?  More often than not some billionaire will manipulate the gold market to his own benefit.  Same thing as putting money in the stock market.  WE LOSE.  Sure, push gold.  Look at the US gov't and hawks wanting to have you take your 401 and convert it to gold.  Why?  So they can get to it easier and PRESTO - it's gone.  NO?  Wanna Bet?

I am a little Leary of anyone bearing false hope of any kind.  AND a RV or gold profit in the near future is certainly a false hope.  There have been excuses EVERY time an RV has been alluded to.  Forget the plane, train or anything else, it never happened, did it?  SEE.  Speculation.  Mis-information.  Lies.  Dinar in the true sense.
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Post by Terbo56 Sun Jan 10, 2016 5:19 pm

Excellent!! Thank you, Aksafeone, you hit that 'golden' spike on the head the first time! Right on!
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Post by Kevind53 Sun Jan 10, 2016 7:09 pm

I think this fits in with the story about their changing their policy regarding borrowing money from their reserves. There we see them liquidating their cash reserves, here we see them liquidating some of their gold reserves.

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Trust but Verify --- R Reagan Suspect

"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18

 Admin Bob thinks CBI has an  effective plan to exchange a manageable Iraq gold coin for dinar. 2805820865  Admin Bob thinks CBI has an  effective plan to exchange a manageable Iraq gold coin for dinar. 2805820865  Admin Bob thinks CBI has an  effective plan to exchange a manageable Iraq gold coin for dinar. 2805820865  Admin Bob thinks CBI has an  effective plan to exchange a manageable Iraq gold coin for dinar. 2805820865
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Post by aksafeone Sun Jan 10, 2016 10:30 pm

One might take that as Iraq is having a "liquid" problem?   Hmmmmmmm.
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Post by Terbo56 Mon Jan 11, 2016 8:35 am

I never thought that they had much money to begin with, let alone borrow- I do know that the I.M.F won't loan them any money, and why loan some country money, when they can't pay it back, let alone stand on their own feet? I think that would be along the lines of counterproductive, would it not?
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Post by Kevind53 Mon Jan 11, 2016 11:16 am

Actually IMF recently loaned Iraq 1.2B USD to assist in the reconstruction of areas damaged by ISIL. Mid December as I recall.

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Trust but Verify --- R Reagan Suspect

"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18

 Admin Bob thinks CBI has an  effective plan to exchange a manageable Iraq gold coin for dinar. 2805820865  Admin Bob thinks CBI has an  effective plan to exchange a manageable Iraq gold coin for dinar. 2805820865  Admin Bob thinks CBI has an  effective plan to exchange a manageable Iraq gold coin for dinar. 2805820865  Admin Bob thinks CBI has an  effective plan to exchange a manageable Iraq gold coin for dinar. 2805820865
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Post by chevysteve Mon Jan 11, 2016 11:58 am

That money has gotta be gone by now.........It's been a month.

Probably been siphoned off by the Iraqi government by now!!!
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Post by Terbo56 Mon Jan 11, 2016 12:04 pm

No doubt by Maliki's 'Fedex' crew-
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