Hi Nathan and others!! I just joined this group because i forgot to when i became a member to VA, I have looked into this dinar issue and cant see  the negative!! I thank Nathan for bringing this to attention, there is truly an opportunity that has knocked and hopefully time to still participate!!!!!

Nathan, What site have you purchased the IQD?

I have bought Dinar from 5th 3rd Bank and www.DinarTrade.com

OK ... I have a lot to share today.

First at Wed's. UNSC meeting they DID NOT EXTEND the chapter 7...you can go back and see every DEC. the UNSC extends the chapter 7...so we can assume that the GOI ( government of Iraq ) will be in place and Prime Minister will sign off on all agendas.

PM = RV

Other Very Important  developments

1) The HCL is the TOP priority of the newly formed government of Iraq, and is at the core of what they feel will make them a successful government, not to mention a stable country.  For a quick recollection, go to my words from my chat last night about the severity of the HCL and what it means to the people of Iraq.  I’ll quote myself to help you understand or remember…

“The HydroCarbon Law is the law that holds the people of Iraq together.  It is the dispersion of the funds from their Oil Revenue to the various sects, and regions, and tribes within Iraq.  It can ONLY be completed with an unbiased, third-party population Census that leaves all fighting and debate out the equation.  They will then divide the revenues and dispurse them to the people as they come in from their oil profits.  It IS the future of Iraq, and at the very core of their hope as a nation and people.  As such, they can’t/won’t RV their currency without that FUNDAMENTAL PIECE of the future of Iraq not being in place.  Make sense?  Without it, greed, terrorism, isolationism, corruption, debate, theft, and more unimaginable and horrible things will happen.  A country’s currency is ONLY as good as the good faith and credit of the people, nation, and economy behind and backing it.  WITH it, we have solidarity and a valuable currency.  WITHOUT IT… we have toilet paper… that which we have NOW… I hope this helps EVERYONE understand its importance.”

2) Iraq obviously felt the UNSC should hear that from them, almost as their reassurance of what they were then doing for Iraq… in ADVANCE and in GOOD FAITH, which the UN never does for any country.  Why would Zebari then mention it to the council?  Afterall, the subject wasn’t ONCE broached in the preceeding comments by Biden and Ban Ki-Moon.  Could that have been their “keyword”… even their “code” or reassurance to all present that they were intent on AND ready to revalue their currency as soon as their government was formed, and it would be done by the 25th?

3) Biden and the world responded AND lead with their continual repetition about the Budget and the Government formation.  It almost seemed to me that the world was reiterating that they too were confirming with Iraq their commitment to Iraq.  That the world understood that Iraq needed to form their government and pass to BUDGET for that same event to occur, even the RV.  Why?  Because the rate could very-well be IN the budget.

Our hopes are that this ride is over...I have been in for a year, many of my group have been in for almost 5-6 years and some of you have just started.

* Iraq: A week of encouraging quotes

“The decision to lift sanctions “will have a major economic turnaround the currency Iraq and the status of the Iraqi economy and investment and the relationship with the International Monetary Fund and confidence in Iraq in case the feet of the request of the loan and its dealings with international banks”

- National Alliance MP Ali Alfalh

“It is a big step. It will help Iraq return again to playing its normal and active role in the international community.”

- Iraq Deputy Prime Minister Ross Shaways

“Iraq’s best days are ahead.  As a founding member of the United Nations, Iraq seeks and deserves the opportunity to resume its rightful role in the community of nations”

- US Vice President Joe Biden

“Lifting of the effects of Chapter VII of Iraq as a liberation of Iraq and restore sovereignty”

- Iraq Foreign Minister Zebari

Today marks an important milestone in the restoration of Iraq’s normalized ties to the international community…..The resolutions adopted today by the Security Council will lift several longstanding Chapter VII restrictions on Iraqi trade and activity.

- White House Press Statement

“Mr Maliki has officially asked to present his cabinet to parliament on Monday”

- aide to Prime Minister Maliki

News About Iraqi Dinar

Iraqi Dinar Exchange Rate

Currency Exchange News

* The Governor of Central Bank: Shabibi Says Raise the Value of the Dinar

December 19th, 2010

(Iraqi Media Network) Said Dr. Shabibi central bank governor that this year’s budget an investment budget because it focused on the size of the investment Ziada.

Shabibi said that the role of the central bank is to address the imbalance that would result from the development process that will result from changes in economic structure are basic.

He pointed out that the central bank is to achieve development in a stable monetary environment through attention to all means and policies to achieve economic stability and moderation in the environment and the
normal rate of inflation moderate.

He continued: our budget relating to the conservation of its resources, is done by combating inflation. Stressing that the bank had several measures including raising the dinar exchange rate.

He pointed out that the impact of this action on the budget through the impact on the purchasing power of government, will increase by addressing inflation.

Shabibi said: that this policy will increase the confidence in dinars, which will pull some of the money to the banking sector and the rationalization of government spending because of its impact on
inflation.

He indicated that this action will lead to a reduction in prices of import goods such as private sector imports and the import of the government’s development that comes from converting the Iraqi dinar to
the dollar.

He added that this policy at the time weakens the government’s ability to buy the dinar, it strengthens Aldenarabraghi which is owned by the government. He pointed out that the bank wants and means to
affect the economic and monetary policy by making the dinar valuable and
powerful.

VERY INTERESTING READ:

If you are invested in the Iraqi Dinar (IQD) then you are a Currency
Speculator.
What is a Currency Speculator? A currency Speculator is one who is gambling on
a rate of a certain currency. Nearly all global currency values rise and lower
in a continual ebb and flow dictated by the global economy. Generally speaking
the values only rise and lower in the single digit percentages unless in rear
cases a catastrophic event occurs such as war.
A currency speculator looks at different economies and gambles on potential
outcome that will cause an upward trend in a given currency. Once they make
their decision based on their studies, they simple exchange their currency for
the currency they are speculating, then watch the global foreign currency
exchange market (like Forex) to know when to sell. This practice is very much
the same as trading stocks and does carry risks. As with stock, one can
minimize their rise by simple doing their homework. For instance, there are
some currencies that are against the law to speculate, if you are not aware of
this and exchange into that currency, you will not be able to get rid of that
currency. There are also counterfeiters in all currencies and if you do not
know what to look for in a given currency, you may be buying fancy colored
paper instead of an actual currency with a value.
Another key point that you may or may not be aware of is that some currencies
have national or international restrictions placed on them, not allowing the
currency to be speculated. However a key point I want to make here about our
investment. When the PLAN was being formed back in 2003 or before, the IQD was
singled out and given a special consideration. A mandate was granted from the
IMF (International Monetary Fund) and the US to allow the IQD to be speculated,
thus giving us in the know an opportunity of a life time.
The PLAN we speak about was developed many years ago based on the world
economy. You see, one would have to do a lot of studding of the global history
to see but there is and has been pattern and a need to make global economic
adjustments every decade or so based on where the economy is at a given time.
When these occur, most of the global population is unaware of the adjustments
and if you were paying attention, all you would notice is your governments
local economy seems to start doing better. The last time this occurred was
after Kuwait was liberated. There was a much smaller window but the fact
remains that there were folks the speculated the Kuwait dinar and made
millions. In this instance, the need for the global financial adjustment was
slight.
As you know by listening and reading in the news, this financial crisis is wide
spread and touches every world economy in a major way. The architects of the
plan realized the depth and breadth of this serious economic crisis. So the
design in this case is huge because it has to be, to jump start economies
around the globe. Iraq became the natural target for the needed economic
adjustment for many reasons. First and foremost was to oust Saddaam and try him
for crimes agent Humanity. The second was when he took control of Iraq; he
pulled all of Iraq’s currency and printed his own currency with his face on all
of the notes. At this time the standard IQD was pulled off the international
market and shelved. The IMF gave it a program rate of 1180 IQD to $1.00 USD
(even as far back as this was, the insanely low rate could have been part of
the PLAN). This was a major decline in the value which was $3.22 IQD to $1.00
USD.
What took place from that period until now, is as they say, the rest is
history. So now we are at the present and there is a ton of people invested in
the IQD (actually less than 8% of the total global population) wanting to know
when and if Iraq is going to RI/RV their currency.
History and why we know Iraq will RI/RV?
First I want to point out the statement RI/RV. RI represents a Reinstatement of
the IQD, which means Iraq would reinstate the Dinar back to per-Saddam value of
$3.22 IQD to $1.00 USD. An RV represents a Revalue of the Dinar meaning that
they will give their currency a higher value than it once had before the IMF
gave them a program rate in the beginning of the Saddaam take over.
There are as many opinions on the topic of RI or RV as there are forums. Along
with that only 8% of the global population is invested in IQD. By design, the
entire global population cannot know about this and take part because Iraq
could not cover that many people being involved. Nor do they have enough IQD
for everyone to own some. Just as any country, Iraq knows exactly how much
currency they have printed. So to curve speculators Iraq and other governments
around the globe have put out false information and propaganda to steer the
attention away from what is happening. However, for this to work for the global
economy, Iraq and the IMF needed a certain amount of speculators, you and me to
accomplish two things.
First Iraq needed us to hold the rate of the IQD stable once they got rid of
the Saddaam currency and put their original IQD back out there. We made it
stable buy purchasing it through currency exchanges. The daily auction Iraq has
been having is to establish a rate and then show the IMF they can hold it
stable. The IMF needs a certain amount of speculators; you and me, to boost the
economies around the globe, by spending our new found wealth once all is done
and Iraq adjust their currency. Just image the impact it is going to have on
the us economy when over 1million new millionaires start spending their new
found wealth on housing, cars, and goods. That is not to mention the relief the
US government will realize from the estimated 7 trillion IQD they hold in the
US Foreign Currency Reserves, as well as all of the taxes they will be
collection from you and me and this is going to happen in every country on the
globe. You start to understand the magnitude and the full breath of the PLAN…

Okay, what is in it for Iraq:
Well first and foremost, we removed a dictator that ran the country without regard to humanity amongst the Iraqi people. He kept them in poverty while he
ran one of the most corrupt regimes on the planet. Murder, corruption, fear,
and hunger were a way of life for many years.
Lead by the US, the UN and many counters from around the globe liberated Iraq
from this dictator and brought him to Iraqi justice, you know the rest.
The collaboration of forces set the stage for Iraq to become the great nation
it once was. IT is Iraq’s desire and continual effort to become an upstanding
member of the International community once again. They have made great strides
as they have worked to get rid of the many atrocities and problems the former
regime left in its’ wake. Iraq has worked methodically to eliminate the many
road blocks that stand between them and regaining their once proud heritage as
a member of the International community and in good standing.
1. There were many resolutions that needed attention
2. There were and still are some sanctions placed on them
3. They were in Chapter 7 protection
4. They had to rework their Constitution
5. There was considerable debt owed to the world governments
6. They had to grasp a full understanding of their financial books, after many
years of corrupt book-keeping and the loss of billions of IQD.
The Culmination
There were agreements made with Iraq and the world, namely the UN and the IMF.
The UN and IMF explained to the Iraqi leaders of the plan and their role. Iraq
says how can w do this, we have nothing but the oil we have in the ground and
no other commodity to allow us sell and get funds to rebuild our land to a
point where we can start to produce oil to pay back all of the debt the
previous regime has left us with.
The UN forces back by the US troops said we have a plan and here it is…
1. See there is a thing called the Paris Club, which is a group of 19 major
governments from around the globe. All of which you, Iraq, owe a great deal of
money too. In the billions in fact. Well we have put together an agreement that
says we, the 19 world economies will forgive your debit as long as you allow
each of us to hold your IQD in our Currency Reserves and allow us to eventually
return the IQD we are holding for a revalued dinar rate. Furthermore we will
not release our entire dinar holdings on you all at once. It will be a
controlled return over a period of 24 month. (For this piece, which Iraqi
agreed to, they have to RI/RV by Dec. 31st 2010 or the forgiven Debt will be
due at once).
2. The IMF will grant you short term loans so you have funds to work with.
3. We will lift Chapter 7 only after you accomplish several things
a. Get your government seated and working
b. 2011 Budget worked out so we see you have included the RI/RV
c. Border disputes with Kuwait
d. Show that you have made great strides in getting the HCL completed.
4. Iraq if you do all of these things, we the UN/IMF will allow you to, at a
minimum reinstate you currency at the $3.22 rate it once was at prior to the
former regime destroying its value in the international market. We will also
allow you to add 20% for cost of living increases that have taken place over
the years that your IQD has been out of circulation.
5. As an added incentive, based on the quality and quantity of crude you have
in the ground, we will allow you to revalue you currency instead of reinstating
it to a value within reason. We are allowing this because based on our
investigation of your oil fields… You Iraq will be one of the richest if not
the richest countries on the globe. It is your choice as to where you want to
revalue your IQD but our projections estimate you could withstand a rate as
high as $16.00 IQD to as low as $1.00 USD. We would highly recommend to you
that a rate that high will cause many problems and have inherent risk. With all
of the news and knowledge regarding your economic potential it would be way to
risky to come out with a rate lower then you previous value for $3.22 IQD to
$1.00 USD because anyone with enough backing could come in and buy up all of
your currency, there by controlling Iraq. It is our opinion that the rate needs
to be such to curve further speculation but also be something manageable in the
short and long term.
6. We feel a managed float over at least a 24 month period of time, with a
controllable rate for now will accomplish what is in the best interest of all.
It will allow sustained growth for the Iraqi economy, it will allow Iraq to
become a member of the international community once again, and it will allow
the IMF to boost the world economy. Also, it will keep someone from coming in
and buying up your country…
Summarization:
Iraq has been given a choice,
1. The IMF is saying to Iraq, we are granting you the ability to reinstate your
currency at the pre-Saddaam rate of $3.22 with a 20% increase for cost
adjustment for the years it was out of circulation. Or because of the potential
we see with your economy, we will also allow you to revalue your currency to a
rate within reason. If you do this by December 31st 2010, we will agree to
allow the Paris Club to forgive your debt and we will lift you from Chapter 7
sanctions. Thus allowing you to rejoin the international community with your
currency and trade.
Sanctions that will be lifted:
a. Allows you to have an international recognized currency
i. Which allows you to trade on the Forex
ii. Allows Iraqi stock to be traded on the international market
iii. Allows all of the signed contracts for the oil fields, utilities
reconstruction, road construction, building construction to begin
b. Allows you to receive global shipments from all of the ships that have been
sitting in your ports.
c. Allows you to finally pay your government employees
d. Allow you to load the smart cards that will pay the Iraqi citizens living
expenses for the short term, also pay the retired citizens. All of which have
not been reviving anything for some time.
At this point, Iraq has agreed to everything and we are now in the last phases
of this plan. We are waiting for Iraq to finally pull the trigger and release
the RI/RV between now and Dec. 31st.
I believe the World community and the UN/IMF are not really leaving Iraq a
choice and they are tired of Iraq dragging their feet… But, if for some reason
they don’t pull the trigger by Dec. 31st, this coming Friday… According to the
PLAN this was to happen in 2009… Not sure of all that would come down on them
but it certainly would be the end of the current GOI…
The latest Intel we have received is that the message that came out yesterday
that the GOI will be breaking for two weeks starting tomorrow is false.
PD claims that they have proof that the GOI is meeting right now and will be
all this week.
They are still expecting the RV to happen before Friday and the very bottom
rate, the lowest it could be is $3.22.
SO we wait and watch…

Conference call ...

Newbies start at beginning

Other wise start at 40:00 minutes

This Weekend can be very big for us....my contacts tell me that Sunday is a high probability for RV announcement.   I hope for our sakes it is.

if this happens, dont call security if some stranger comes up and gives you a big hug and kiss at woc, JK, but really dont call security!!! :)

This caught my eye: Why, after 4 years this Shiite cleric Muqtada al-Sadr chose now to come out of hiding. They have 40 seats in the new parliament and he is very anti American and very popular with his people. Maybe he smells blood and is looking for a power grab or he just want's to screw things up. Either way he knows something important is about to happen... I hope its good news!

You can read the story here:

http://www.foxnews.com/world/2011/01/07/police-iraqi-family-slain-p...

This was a recent posting.   A story out of a Kuwait bank.

The Story Behind the Doha Bank in Kuwait

I had an extended conversation with a Peoples Dinar Member who wanted to remain anonymous.

Here is what we concluded:

1. As we all know, Kuwait wanted to be paid in pre-RV Dinar for reparations.

2. Iraq could not pay Kuwait in pre-RV Dinar.

3. Iraq allegedly did best next thing.

4. Iraq allegedly leaked the rate and date to Kuwait.

5. Doha Bank, allegedly acting on behalf of Kuwaiti Govt, bought IQD at rate of 35cents per IQD knowing the true rate and date.

6. Doha Bank/Kuwaiti Govt had a twenty-four hour window to complete this transaction.

7. IQD was listed on Doha’s site for twenty-four hours and is now down.

8. Doha Bank ONLY bought IQD from Kuwaiti citizens, for 35cents per IQD, who had minimum of $100,000 acct with Doha bank.

9. When Kuwait sells the Dinar they purchased at 35cents per IQD they will make BILLIONS based on the new rate.

10. In the end, Kuwait got what it wanted all along from Iraq!

11. As anonymous said – smooth as a baby’s a$$.

Confirmed:

1. That 35cent rate was on Doha Bank site for 24 hours.

2. That Doha Bank only offered the deal to Kuwaiti citizens who had minimum $100,000 acct with Doha Bank.

3. That Kuwaiti Govt wanted to be paid in pre-RV IQD.

4. That there were long lines at Doha Bank these past twenty-four hours and that Americans could not get past the receptionist.

Speculation:

1. That Iraq gave Kuwait this window of opportunity.

2. The Kuwaiti citizens who cashed-in for 35cents have 100′s of Millions of IQD, or more, and did so for some quick USD petty-cash.

3. The big boys will play with the RV first and make Billions; and then it will be our turn – soon!

Please Read

All,

Many have asked for my opinion about the “3 Zeroes” articles that have been making their way around… AGAIN… It appears every time Iraq needs to boot a few speculators, they circulate those articles around again.  And in this case… it is… AGAIN…

So, I’ve taken the liberty to discuss the “3 Zeroes”, Re-Denomination, LOP-talk, Revaluation, Devaluation, and Slow-Growth.

Here’s a link to one of those articles I’m referencing about the “3 Zeroes”:

Iraq Central Bank ‘To remove 3 Zeroes from Dinar” | Iraq Business News

http://www.iraq-businessnews.com/2011/04/14/iraq-central-bank-to-re...

Here’s my take on all the possible directions I’ve read from others that an investment in the Iraqi Dinar can end up.  Though, I must say, in my opinion (and that’s all any of this is) there are really only a couple of options that make logical sense, or are in fact even probable/possible.  I’m leaving a LOT off the table in this post, as the purpose is nothing more than to define the differences between investors’ takes on this confusing discussion, and to create some talking points and structure around this topic.  Again, I give my opinion or take, but that’s all it is:

Scenario #1 – LOP

• What is this? This is a term used to describe cutting off, or lopping off zeroes from a currency.  This the most extreme of situations, and is done to a currency when a devaluation is typically at play.  Zimbabwe had this happen to their currency when they too off 6 or 8 zeroes when their people were carrying around TRILLION DOLLAR NOTES!
• What are the conditions that would typically create this? This, historically, has ONLY happened when a country has had hyper-inflation, a depressed, out-of-control economy, and typically an equally unsettled government.
• Here’s an example: The Iraqi Dinar, which currently sits at .00086 of a single US Dollar, would have the 3 zeroes removed… AND… there would be NO VALUE GIVEN to the new bills.  In other words, a 25K note would now be a 25 Dinar note, but the 25 Dinar note WOULD NOT be worth what a 25K note is currently worth.  It would be worth what a 25 Dinar note is worth BEFORE the LOP, thereby making it a DEVALUATION of the currency, but still taking the 3 zeroes off the bills.  This would not an even swap, and with all that Iraq has worked for, the true definition of a LOP doesn’t seem possible at all.
• What do I believe is the possibility of this happening? ZERO! This is NOT possible?  Why? It never has and never will exist in the world of economics.

Scenario #2 – LOP/RV

• What is this? For all intents and purposes, this is the same as a LOP above.  The ONLY difference is that they would, after having DEVALUED the currency through the straight-up LOP scenario described above, they would then REVALUE it to whatever value they feel it would best fit in comparison to the other currencies of the world.
• What are the conditions that would typically create this? Same as the LOP scenario above, only they would apparently feel it needed a greater adjusted value.
• Here’s an example: The Iraqi Dinar, which currently sits at .00086 of a single US Dollar, would have the 3 zeroes removed… AND… there would be NO VALUE GIVEN to the new bills. In other words, a 25K note would now be a 25 Dinar note, but the 25 Dinar note WOULD NOT be worth what a 25K note is currently worth. It would be worth what a 25 Dinar note is worth BEFORE the LOP, thereby making it a DEVALUATION of the currency, but still taking the 3 zeroes off the bills. They would then increase the value of a single Dinar against the US Dollar, along with other currencies, based on the Post-LOP value, not the Pre-LOP value.
• What do I believe is the possibility of this happening? ZERO! This is NOT possible?  Why? It never has and never will exist in the world of economics and world currencies.

Scenario #3 – RE-DENOMINATION

• What is this? This is a term used to describe replacing the current outstanding and circulating currency with lower denomination bills, but retaining the current value of the larger bills.  This is both a re-printing of the current currency to introduce smaller denominations for ease-of-use in transactions, and ease-of-introduction into the world economy.  25K notes would be replaced by 25 Dinar notes, and they would be worth the exact same value, potentially even co-existing for a time before the larger notes were phased out.
• What are the conditions that would typically create this? Where the country has a large amount of outstanding currency that it can’ t either support or back or afford.  The country needs more simplicity in the currency, but doesn’t wish to add to their outstanding money supply, so they shrink the bill sizes outstanding but give them the same value as the larger notes.
• Here’s an example: The Iraqi Dinar, which currently sits at .00086 of a single US Dollar, would have the 3 zeroes removed… AND… the value of the larger denomination bills would be given to the new lower denomination bills. In other words, a NEW 25 Dinar lower denomination note would be worth the SAME as the larger denomination note Pre-Re-denomination. It would be worth what a 25K Dinar note was worth BEFORE the Re-denomination, thereby making it a replacement of currency with no gain, but still taking the 3 zeroes off the bills, and giving the country an entirely NEW CURRENCY. This WOULD be even swap, and with all that Iraq has worked for, the true definition of a Re-denomination doesn’t seem probable without an increase.
• What do I believe is the possibility of this happening? SLIM!

Scenario #4 – RE-DENOMINATION/RV

• What is this? For all intents and purposes, this is the same as a RE-DENOMINATION described above.  The ONLY difference is that they would, after introducing a new lower denomination currency through a straight-up pass through value Re-Denomination scenario described above, they would then REVALUE it to whatever value they feel it would best fit in comparison to the other currencies of the world (i.e. 3x, 5x, etc.).
• What are the conditions that would typically create this? Iraq’s situation does fit this scenario, and this could be a possibility if the world’s governing bodies didn’t need the economic boost.
• Here’s an example: The example would be the same as above describing the RE-DENOMINATION.  So, a 25K Note would now be worth $25, but represented as a 25 Dinar note instead.  Then, a revaluation of let’s say $4 would then make the value of the 25 Dinar note be worth $100.  In essence, this would be an investment scenario where investors would receive 4 times their money (in this example anyway).
• What do I believe is the possibility of this happening? It’s a legitimate possibility that everyone should at least be prepared to consider regardless of how convicted they are with other rumors, intel, or info.

Scenario #5 – STRAIGHT-UP REVALUATION (INSTANT RV)

• What is this? This is a term used to describe increasing the value of a nation’s currency against those of other nations.  Thereby, increasing the purchasing power of that currency when compared to other nations.  In the case of the Iraqi Dinar, it means the IQD will rise in value significantly and immediately when compared to that of other currencies.  This is what MANY are hoping will happen with the Iraqi Dinar, and what the rumors are all talking about.
• What are the conditions that would typically create this? The country has a very low valued currency, has the economy, projected economic growth, natural resources, and a stable government to back such a drastic move.
• Here’s an example: The Iraqi Dinar, which currently sits at .00086 of a single US Dollar, would literally change overnight.  It would go from being worth .00086 worth of a single US Dollar to being worth .50, or $1, or $2, or $3+ a single dollar.  What does this mean for an investor who holds 1 Million Dinars (approx worth $1000 USD)?  It would mean that person, who invested approx. $1,000, would have a new-found wealth of $500,000, or $1,000,000, or $2,000,000, or $3,000,000.
• What do I believe is the possibility of this happening? This has always been the accepted reason so many have invested in the Iraqi Dinar. News reports would have us believe this is not possible.  I myself (logically speaking) feel the probability of this scenario is small due to the massive influx of currency throughout the world.  However, I am torn, as the information I’ve always received about this has ONLY stated this would occur, and NOT any of the other scenarios.  So, I remain a believer in this as a possibility just as I am open to other scenarios happening. I’ve been told things that are too complicated to explain in a post that make sense as to how this can happen.  One of those was what I put together with Breitling in a post titled, “Making Sense of the Numbers“.  You can access it by clicking HERE.

Scenario #6 – STRAIGHT-UP REVALUATION (GRADUAL GROWTH RV)

• What is this? This is a term used to describe increasing the value of a nation’s currency against those of other nations. Thereby, increasing the purchasing power of that currency when compared to other nations. In the case of the Iraqi Dinar, it means the IQD will rise in value over a period of time when compared to that of other currencies. This is what MANY have suggested will happen with the Iraqi Dinar, but is NOT what the rumors talk about, which all speak to a more instant and larger revaluation value.
• What are the conditions that would typically create this? The country has a very low valued currency, has the economy, projected economic growth, natural resources, and a stable government to back a definite increase, but time is needed to both remove the larger denominations from circulation, and to destroy such notes (take the money out of circulation) to prevent inflation and other problems that will rise when increasing a nation’s currency consistently over time.  This would be the more careful approach to what is being suggested above with a significant and instantaneous increase.
• Here’s an example: The Iraqi Dinar, which currently sits at .00086 of a single US Dollar, would literally change overnight. It would go from being worth .00086 worth of a single US Dollar to being worth  500 Dinars to 1 USD, then maybe 250 Dinars to 1 USD, then 100 Dinars to 1 USD (penny), then 10 Dinars to 1 USD (dime), then .50 cents and so on. What does this mean for an investor who holds 1 Million Dinars (approx worth $1000 USD)? It would mean that person, who invested approx. $1,000, would have a new-found wealth of $2,000, or $4,000, or $10,000, or $100,000, or $500,000 (based on the scenarios above).
• What do I believe is the possibility of this happening? This has been a legitimately discussed way they will increase the value of their currency for the entire time I’ve been in it.  I’m open to this being a gradual growth process.  I guess we’ll just have to wait and see.

This was taken from Dinar Daddy

Dinar Daddy Tidbits

Starting at 0:54 minute marker..

Watch this video starting at the 5 minute mark.

I hope this is it....My sources tell me that it should go down the 28th of this month and the CBI will post the rate on Aug 1st or 2nd.

I don't know myself....that is a good enough date as any...I know we are close I pray this will be it...for all of our sakes.

Today was a great day....UNSC votes on the 28th of this month to let the UNAMI Agreement expire...

Folks this holds Iraq in Chapter 7...if it expires so does Chapter 7

If hat happens look for the CBI to announce the new rate Aug 1st.

I hope all who read this have purchased at least $100 dollars worth...

We don't have long to wait.

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Here is a nice call

Link

Hey Nathan! I just saw that video presentation last week and actually thought of you! I plan to get the info packet and see what all they have to say...

Thanks for posting this though!

Here is the latest out of Iraq.
and by the way... they have just completed everything that they need to be released from chapter 7
we are now in the hands of the UNSC and will await the vote.
I believe we are close.

Confirmed the decision of the Commission in the Chamber of Deputies, said Saturday THAT THE DINAR
WILL " RECOVERY AGAINST THE US DOLLAR OVER THE SET OF ACTIONS TO BE TAKEN.

Mohama Khalil said of the Iraqi State television when asked about the probability of survival of the
dinar on what is now the u.s. dollar, THE DINAR WILL RECOVER " US DOLLAR ACROSS A RANGE OF ACTIONS
TO BE TAKEN BY THE GOVERNMENT OF IRAQ AND BY THE CENTRAL BANK OF IRAQ AS THE HIGHEST AUTHORITY OF
THE " CASH.

Khalil pointed out that these restructuring actions and dinar currency switch beside the other
actions taken by the Government and Central Bank to adjust the " market.

I commend the Economic Commission decision on procedures for the Central Bank to control the market
and prevent the smuggling of currency through claim daily auction participating banks disclose their
clients as a condition for subscribing to auction. Stressing that these actions contributed to the
reduction of currency smuggling, but contributed in raising prices, however, demanded more realistic
action BA.

And Iraqi Central Bank sales retreated after its auction sessions to sell foreign currency,
Thursday, largely recorded $ 54 million, compared with 90 million the previous meeting, the exchange
rate based on 1166 USD for every dollar.

She bulletin issued by the Central Bank of Iraq received " gateway " version of the total volume of
demand for the dollar amounted to 54 million and $ 757,000, covered the Central Bank exchange rate
based on total 1166 dinars for every $ ".

Sales meeting Thursday are declining significantly from last meeting Tuesday that exceeded $ 238
million, meeting Wednesday in the amount exceeding $ 90 million.

Central sales have declined dramatically since early February, compared with the end of the year
2011 and January last, averaging about 200 million for meeting, after increasing an unprecedented
demand, because of the sanctions imposed on Iran and Syria and undo the Toman and the lira exchange
rate by half.

CALLED FOR THE CENTRAL BANK TO TIGHTEN PROCEDURES FOR SALE OF FOREIGN CURRENCY FOR PRIVATE BANKS
MSC.189(79) TO DISCLOSE THEIR CLIENTS FROM REQUISITIONERS, ACCORDING THE INSTRUCTIONS ADOPTED IN
FEBRUARY 2012, THE FIRST RELATING TO THE USE OF THE CERTIFICATION INSTRUMENT FOR TARIFF PER
CUSTOMER.

Back Central and underlines its procedures to sell money orders last Wednesday, declaring met for
purchase orders only there held an annual tax, and official documents proving that funds tend to
actually trade, lifting the dollar locally dramatically increased to IQD 1260 per dollar, priced at
$ 1,240 dinars each

Hey Nathan just curious  if you've heard what the latest  is out of Iraq and the rv etc?

Yes ...

Iraq has done all they can do and all that they have been asked to do....it now sits in the hands of the UN and they will vote to lift the chapter 7 sanctions soon.

nobody knows when the vote will happen as it will not be televised.   The UN is very secret as to these matters... if you own dinar, hold on to it... we are close....

This investment is long coming and it is all very exciting as you are participating in historical developments.

Easy partner... this is a risk... but I have taken that risk... global politics is worse than anything I know, Having said that however, I have seen the predictions and the progress over 8 years... I don't know and nether does he but my gut says what he is saying will happen.

Actually it is unclear exactly  what the return could be.  but you can "speculate" based on 1168 to the dollar over $3.46 to the dinar.  Thats quite an increase and some believe it could be higher or lower than that.

Well... yes .. a little digging will produce just that... but a scam it is not... and up until just late last year banks were dealing with it.... in fact quite a few until the feds decieded to tapper off all dinar conversions and sales... now only brokers will handle it....but keep in mind... 

50 countries have invested 186 billion into the redevelopment fund... and the World Bank holds the keys... also because they have been released from chapter 7 they must declare soon.    this means the country currency must be evaluated and reflect the current central banks declared wealth... you have to put all the pics into play before writing it off as a scam... its so easy to say scam for anything out of the norm but that why only a few will see it through.  Ive watched and studied this for almost 6 years now and its only through time that you can see the change and movement of this nation.

This investment would deb the biggest investment in the USA interest  .. we spent billions and continue in the area... to walk away with out a return is the biggest waste.... there are many reasons why i invested but Im hoping to see a return.. I have friends who have died there as a marine... the investment will not bring them home, but I hope I can pay off they parents house.  Lord Willing