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30 Aug 19, 08:30 AM Matt  SKELFLA What do you think? ever gonna happen

SKELFLA  Personally, from what I know first hand there is definitely a covert play ongoing by certain institutions involving the IQD whether that translates into the average speculator making a return is something else. I just don't know.

JoeSchmoe  I don't see how they could just let all us speculators/investors believe and keep buying more of this thing, and not tell us we won't make out, if that in fact is a fact.
for 10-16 years people have been invested in this, are they just going to all of a sudden, at the end, tell everyone they are screwed?

SKELFLA  JoeSchmoe that's life.. Most things of this magnitude never roll down to the average Joe.
Until a bonafide economist can tell me how Iraq could back a meaningful RV with more than 42trillion IQD in existence I will sit firmly on the fence.

JoeSchmoe  how much of that 42 trillion is in country

SKELFLA  JoeSchmoe Hard to say.... But a reasonable guess and from I have been able to find out is about 80%

JoeSchmoe  well a dinar will always be worth a dinar, no matter what the outside exchange rate is
their price on goods will increase with the rate
so do the math, cuz it's too early to do it here, lol. What is 20% of 42 trillion
figure that out, and if that is in fact the figure, then that is what they will have to covernot the full 42 trillion
or maybe I am still sleeping....

SKELFLA  JoeSchmoe Personally my believe is certain institutions are amassing Dinar to use as the basis of a new derivative for trade along China's One Belt One Road initiative... A type of reserve currency they can structure as a foundation. Whether than translates into profits for the average speculator only time will tell

future  Iraq doesnt care whats outside their country borders
all that maters is inside their country they dont give a sh** i we become rich or not

SKELFLA  JoeSchmoe I don't think it works like that lol

JoeSchmoe  I'm just trying to banter the idea people throw out there of this can't happen cuz of the amount in circulation. If, in fact, it is only 20% of that 42 trillion, thenn that is the amout they would have to cover. Not the full 42

future  Iraq cares about their own citizens and purchasing power
we happen to own their currency when we convert our dinar into usd

SKELFLANo I'm saying 80% and its just a guess ... Is inside iraq

future  b*

SKELFLA  future I wouldn't say b*... IMF have some pretty solid estimates ...and if you go by their numbers its well over 42t

future  inflated old numbers
if their was 42 trillion dinar in country that means the cbi hasnt been doing their jobs for years

SKELFLA  No IMF numbers are recent...in fact they have come down but they are projecting it to exceed 50t in 2020
The note count was much higher justba few years ago 70t plus

future  funny how most iraqis are poor who hoarding al those trillions?

SKELFLA  future Yes because the IMF wouldn't release estimates that weren't in their opinion factual.

future  ok buddy u keep beliving them inflated numbers

SKELFLA  future Well that's a combination of factors their bidding projects are so corrupt that trillions get siphoned off for the most mundane projects.
And I am not Kap! Lol I sent some of my credentials to Baxter...

JoeSchmoe  SKELFLA Do you own any dinar, and are waiting for something to happen in our favor?

SKELFLA  JoeSchmoe good question. Its not an easy one to answer. I don't personally hold Dinar. But I am involved in large Dinar transactions of which I benefit from.. I hope that answers your question.

JoeSchmoe  SKELFLA heres another one then....are you trying to dissuade us from this thing/

SKELFLA  JoeSchmoe My involvement doesn't require an RV for me to benefit. But I am obviously interested.

JoeSchmoe  SKELFLA what is your purpose in here? Is it to convince us that this won't happen, or are you trying to find info to believe that it will?

SKELFLA  JoeSchmoe Not at all ! I'm been very clear on my position.
Read what I have posted. I think I have been VERY clear...
we happen to own their currency when we convert our dinar into usd
I'm saying 80% and its just a guess ... Is inside iraq
I wouldn't say b*... IMF have some pretty solid estimates ...and if you go by their numbers its well over 42t

future  inflated old numbers
if their was 42 trillion dinar in country that means the cbi hasnt been doing their jobs for years

SKELFLA  No IMF numbers are recent...in fact they have come down but they are projecting it to exceed 50t in 2020
The note count was much higher justba few years ago 70t plus

future  funny how most iraqis are poor who hoarding al those trillions?

SKELFLA  future Yes because the IMF wouldn't release estimates that weren't in their opinion factual.
Well that's a combination of factors their bidding projects are so corrupt that trillions get siphoned off for the most mundane projects.
SKELFLA  Zig And I am not Kap! Lol I sent some of my credentials to Baxter...

JoeSchmoe  SKELFLA Do you own any dinar, and are waiting for something to happen in our favor?

SKELFLA  JoeSchmoe good question. Its not an easy one to answer. I don't personally hold Dinar. But I am involved in large Dinar transactions of which I benefit from.. I hope that answers your question.

spankie  not negative news- fact that there are large purchases says something is up

SKELFLA  JoeSchmoe Read what I have posted. I think I have been VERY clear...
SKELFLA  spankie no not a currency broker!
SKELFLA  Zig It just a theory I came up based on the information I am privy to. Its not a 100% conclusive. But the Chinese will need to form a back up currency to form a backbone for their one belt one road initiative... To replace the USD and as a back up to their currency swaps... The dinar is definitely an option.

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8/9/2019 chattels  Newshound Guru Kaperoni People need to get over the idea of a "revaluation" of the Iraqi dinar. It's not happening.
It is difficult to reconcile Kap's view with the coy and protective response of Shabbibi at the Washington press conference years ago, but .............................

Portmagaland  chattels So, who do you believe Kap or Shab?

chattels  Dr. Shabibi answering revaluation and redenomination questions https://www.youtube.com/watch?v=ol8wve53-ME
U.S. Chamber of Commerce, April 2011.

chattels  Portmagal and I do not know that it is an either / or situation. Kap must believe in a near(er) term upside even if it is not overnight.
Otherwise he would not be so involved is my sense of it with him.

Portmagaland  chattels thank you, still watching the video.

chattels  I invested enough to be able to sell some early and hold some over time and for later.

Portmagaland  I just hope hes wrong and theres this fantastic life changing event for everyone globally.

chattels  Portmagal and It is the stuff that dreams are made of for sure.

Portmagaland  chattels The outcome either way, seems to be approaching, I just hope it's the one that allows me to give my job to someone else.

chattels  Portmagaland " If you can dream—and not make dreams your master;
If you can think—and not make thoughts your aim;
If you can meet with triumph and disaster
And treat those two impostors just the same; .................. Yours is the Earth and everything that's in it, ............" - Kipling
chattels  Portmagal and I have had a sense of immediacy in this on several prior occasions only to be disappointed.

Portmagaland  I am prepared for the long(er) term.

Wilder  Who or what puts Kaps ideas or predictions above anyone or anything else we've heard for the past 11 years? We or I stick it out till whenever whatever happens.

Portmagaland  Let's hope it's not 11 more years. It's about time either way.

chattels  Wilder Kap has greater credibility with me than the daily prognosticators. We will not know whether Kap is / was correct until IT happens, if at all. IMO.
We are all in the same boat. It is not necessary to debate the process. It is like getting pregnant. Either you do or you don't. Either you is or you ain't. We shall know only when it happens.

future  reality is kap is only guessing like the others,he has no clue what is going to happen neither

larrykn  did you see Kap post this morning
no overnight RV or RI and gain only 8 to 15% per year

Doug_W  In his opinion

larrykn  it does seem that the CBI is getting their stuff together now, at a good pace too, I guess ( haven't seen the article ) that they elected a new governor, we will see and what is his take of reforms

I also noticed that Kap keeps talking about will Iraq have what it takes to get investor into Iraq. Well all I read lately is how companies are coming into Iraq or made agreements to come in. I don't think they will have a problem with investor , Matter of fact this might be good for us due to they will already have the private sector setup before they increase the value of their currency. which is why I'm not sure Kaps thinking about starting out at were it is would hold up or not , time will tell

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