Dinar Updates

  In Uncategorized 

Q:  [u r talkin Dec to enter the world market?]

wmawhite: The translation from the IMF came out a couple of different ways. I read it has an expectation the IMF has that Iraq will be re-entering the global markets sometime within the first half of 2016. In order to do so what does Iraq need to have?

Answer: a currency it calls its own with a value that reflect the true wealth of Iraq.

I don’t think they are waiting on anything…it is evident that the CBI/GOI/IMF plus a few we don’t know about have been working together to bring…as the IMF said, bring Iraq back into the economic markets by sometime during the first half of 2016.

Iraq wants the world to know…they want all folks to see them as a great place to invests. They want the IQD to be used worldwide…because that runs the value of the IQD up.

tman23  No idea what rate…only that they are talking about lifting the 3 zeros and hope we have the opportunity to catch the window of exchange before 3 zeros are lifted from the exchange on the nominal value of the notes themselves.

The 50k notes are a real concern…And as I said IMO…they are not good for us…no matter who tries to spin it, it doesn’t spin!

But glad to see they held off on the release of the notes…which is good for us IMO.