Pimpy There’s no rate exchange out there that’s even above $3.50, nowhere out there, not even the Kuwait dinar…$3.25…I think theirs is the most valuable so how is somebody going to give a $7.00 exchange rate?
Militia Man If you drop the three zeros off the exchange rate of the dinar what you have is $1 divided by 1320. You’re going to get .0007…If you drop the three zeros off .00076 you have .76…Keep in mind what they’ve done is phenomenal. The amount of work showing Iraq is going international and they’re working to that end to do it as quickly as possible is how I can see it.
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television now showing us articles, they’re holding them up saying the HCL has been held up for 19 years as a hostage. Now it’s being presented to the House of Representatives. FRANK: Your HCL is coming to you don’t worry about it…Once you see the HCL you wee the new exchange rate.
Sandy Ingram Research says 70% of all lottery winners are broke within 3 to 5 years after they win the lottery. These numbers are almost as high for ex-NFL football players who once they are no longer playing football go broke… They’re doing exactly what I am strongly recommending you don’t do. They are living off their winnings. You want to get into a mindset of replenishing your wealth. It will be easier to build more wealth once you have wealth. Money begot money. Money attracts money. [Note: Consult your financial advisors at the appropriate time to find the right investment strategy and right lifestyle plan for your unique circumstances.]
MarkZ [via PDK] I did have a number of contacts tell me that my guesstimates on rates on currencies are going to be way under. That rates will be way higher than I was anticipating…I am hearing that from almost every source on almost every currency.
Breitling I’ve gotten the weirdest hate mail with a capital H. You people need to just suck it up. I don’t care if it’s not what you want to hear…I’m just reporting what the policy in Iraq is and whether it’s pushing our speculation forward or not. That’s all it is. Nothing more than that.
Clare Article: “Central Bank Governor Participates in a Workshop Specialized in Electronic Payment” Quote: “His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, participated in a specialized workshop on accelerating the transition to electronic payment, sponsored by the Prime Minister, and organized by the Osool Foundation for Economic Development and Sustainable Development.”
Pimpy Iraq is still treading forward. I’m curious to hear the news about what’s going on with Alaq and what they find out because what they’re reporting is not all peaches and cream. But apparently he is still there working so it can’t be all that bad IMO…
Militia Man Why did Al-Sudani say to the world that the Iraqi dinar is stronger than the dollar? Was he lying? ...I don’t think he was. We have to just wait and see how things progress because it wasn’t said just once, he said it more than once. For a Prime Minister of a country to say something there was probably some reasoning for it, meaning behind it. That’s his words not mine.
Frank26 For right now, Alaq did his job…Sudani does not need Alaq…the monetary reform does not need Alaq. It’s done, completed.
Bruce [via WiserNow] …we’re hearing…that we should get…[notifications] Saturday morning, or we’ll say Saturday at least by noon…that’s more than likely going to be the case, and open Saturday up for exchanges to occur that afternoon / evening…and we’re going to be given a very strong rate on the dinar.
MarkZ …Articles are showing us the progress over and over in cleaning up the banking system in preparation.
