Iraq's MOP Suggested Rate of Dinar..$1.13...w/Notes....
NOTE: With all of the rumors about a LOP out now, I thought it would be good to review what those that are actually in charge of rate changes had to say. This document/article has been around a while, but it is said that the New Iraqi Dinar could come out much higher now; as there has been appx. 25-30% more oil been found recently in Iraq, and Iraq's budget was based on $70.00 per barrel oil, which is now substantially much higher. The IMF had a document/article depicting that the dinar needed to come out at between $1.17 to $1.22...Above the US Dollar and below the Euro and British Pound; this IMF info. was put out appx. 2 years ago. But, we know Iraq is much further along and advanced now, more so than anyone actually knows, especially if relying on the US Media for their information on all of this. (It's been said that we get appx. 1 to 3% of the real news coming out of Iraq). So, what does all of this mean...IMO/In My Opinion....For appx. 2 years+/- now...the feasibility studies of the IMF and MOP/Iraq's Ministry of Planning....have actually put on paper, (as you see here below), that the rate should be over a $1.00..whether they do this or not is yet to be seen, but we do know that since these things have been stated/shown; that Iraq has moved forward economically by huge leaps and bounds...with some of the fastest growth that the World has probably ever seen. (With not millions, but billions a day, moving into their country, and between the war efforts and the rebuilding of infrastructure and oil developments, it is probably already in the double digit trillions already spent in Iraq). IMO..Even if the dinar were to come in at the rumored .04 cents that some have mentioned, or the .86 cents, or the 1.17...or whatever?...It will most likely rise quickly...Could/Would they do this to sweep in all the notes from speculators while the rate was low, and/or put a time limit on turning these notes in, so as to keep speculators from reaping the largest gains? No one actually knows, but from all logical evaluations, it would seem that it would have to come out at over 1.00, and even at 1.00, it is said that with Iraq having that type rise in their currency, could literally destroy them, as the whales/rich...would buy everything at 1.00 like we bought in at a 12th of a penny...due to the rise that those that did'nt invest prior, would actually now see...and start to participate in....why would they not, especially after seeing a gain from a 12th of a cent to a dollar, while several countries next door to Iraq, already have currency with rates in the 2 to 3 dollar range...while all the commerce and growth boom is happening "only" in Iraq! ....Again, IMO...It will get interesting...and we will see.....
IMO...REASONS WHY NOT TO WORRY ABOUT IRAQ..........................................
THE WORLDS SUPERPOWERS ARE ALL IN IRAQ NOW, WORKING HAND-IN-HAND WITH THE U.S., TO PROCURE THIS PRIZED #1 GRADE PEAK OIL, THAT IS SAID TO COST 1/10TH OF ANY OTHER OIL IN THE WORLD, AS PER EXTRACTION AND REFINING, DUE TO THE SHALLOW DEPTHS AND FINE GRADE THAT THE OIL IS ALREADY IN, IN IT'S RAW FORM.
CIA WORLD FACTBOOK RATE'S IRAQ #1 TOP GROWTH COUNTRY WORLDWIDE, AND BEING #1 OF THE TOP 20, IRAQ WAS APPX. 50% TO 200% ABOVE THE OTHER 19 ON THE LIST.
IMF/INTERNATIONAL MONETARY FUND PROJECTS 4.5 TIMES MORE GDP GROWTH IN 2011 OVER 2010 FOR IRAQ.
THERE IS TOO MUCH MORE TO MENTION...BUT, FOR THE LOPSTERS..THOSE THAT BELIEVE IN A LOP, OR A NEGATIVE VALUE SITUATION FOR IRAQ...IMO...THEY ARE WAISTING THEIR TIME....IF IRAQ CAN'T MAKE IT...NO COUNTRY WILL...AS WHERE THERE IS SMOKE, EVENTUALLY THERE IS FIRE...." I BELIEVE WE WILL ALL BE AMAZED AT WHAT WE SEE RISE UP IN IRAQ SHORTLY"...AND MAYBE NOT ALL FOR GOOD...I THINK SOME KNOW WHAT I MEAN...LOL...
Iraq's Ministry of Planning Suggested Rate of The New Iraqi Dinar @ $1.13 per Dinar/IQD.
http://www.mop.gov.iq/mop/index.jsp?...pid=295&lng=en
NOTE: With all of the rumors about a LOP out now, I thought it would be good to review what those that are actually in charge of rate changes had to say. This document/article has been around a while, but it is said that the New Iraqi Dinar could come out much higher now; as there has been appx. 25-30% more oil been found recently in Iraq, and Iraq's budget was based on $70.00 per barrel oil, which is now substantially much higher. The IMF had a document/article depicting that the dinar needed to come out at between $1.17 to $1.22...Above the US Dollar and below the Euro and British Pound; this IMF info. was put out appx. 2 years ago. But, we know Iraq is much further along and advanced now, more so than anyone actually knows, especially if relying on the US Media for their information on all of this. (It's been said that we get appx. 1 to 3% of the real news coming out of Iraq). So, what does all of this mean...IMO/In My Opinion....For appx. 2 years+/- now...the feasibility studies of the IMF and MOP/Iraq's Ministry of Planning....have actually put on paper, (as you see here below), that the rate should be over a $1.00..whether they do this or not is yet to be seen, but we do know that since these things have been stated/shown; that Iraq has moved forward economically by huge leaps and bounds...with some of the fastest growth that the World has probably ever seen. (With not millions, but billions a day, moving into their country, and between the war efforts and the rebuilding of infrastructure and oil developments, it is probably already in the double digit trillions already spent in Iraq). IMO..Even if the dinar were to come in at the rumored .04 cents that some have mentioned, or the .86 cents, or the 1.17...or whatever?...It will most likely rise quickly...Could/Would they do this to sweep in all the notes from speculators while the rate was low, and/or put a time limit on turning these notes in, so as to keep speculators from reaping the largest gains? No one actually knows, but from all logical evaluations, it would seem that it would have to come out at over 1.00, and even at 1.00, it is said that with Iraq having that type rise in their currency, could literally destroy them, as the whales/rich...would buy everything at 1.00 like we bought in at a 12th of a penny...due to the rise that those that did'nt invest prior, would actually now see...and start to participate in....why would they not, especially after seeing a gain from a 12th of a cent to a dollar, while several countries next door to Iraq, already have currency with rates in the 2 to 3 dollar range...while all the commerce and growth boom is happening "only" in Iraq! ....Again, IMO...It will get interesting...and we will see.....
IMO...REASONS WHY NOT TO WORRY ABOUT IRAQ..........................................
THE WORLDS SUPERPOWERS ARE ALL IN IRAQ NOW, WORKING HAND-IN-HAND WITH THE U.S., TO PROCURE THIS PRIZED #1 GRADE PEAK OIL, THAT IS SAID TO COST 1/10TH OF ANY OTHER OIL IN THE WORLD, AS PER EXTRACTION AND REFINING, DUE TO THE SHALLOW DEPTHS AND FINE GRADE THAT THE OIL IS ALREADY IN, IN IT'S RAW FORM.
CIA WORLD FACTBOOK RATE'S IRAQ #1 TOP GROWTH COUNTRY WORLDWIDE, AND BEING #1 OF THE TOP 20, IRAQ WAS APPX. 50% TO 200% ABOVE THE OTHER 19 ON THE LIST.
IMF/INTERNATIONAL MONETARY FUND PROJECTS 4.5 TIMES MORE GDP GROWTH IN 2011 OVER 2010 FOR IRAQ.
THERE IS TOO MUCH MORE TO MENTION...BUT, FOR THE LOPSTERS..THOSE THAT BELIEVE IN A LOP, OR A NEGATIVE VALUE SITUATION FOR IRAQ...IMO...THEY ARE WAISTING THEIR TIME....IF IRAQ CAN'T MAKE IT...NO COUNTRY WILL...AS WHERE THERE IS SMOKE, EVENTUALLY THERE IS FIRE...." I BELIEVE WE WILL ALL BE AMAZED AT WHAT WE SEE RISE UP IN IRAQ SHORTLY"...AND MAYBE NOT ALL FOR GOOD...I THINK SOME KNOW WHAT I MEAN...LOL...
Iraq's Ministry of Planning Suggested Rate of The New Iraqi Dinar @ $1.13 per Dinar/IQD.
http://www.mop.gov.iq/mop/index.jsp?...pid=295&lng=en
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