IRAQ WILL RAISE THE DINAR TO ITS FORMER GLORY….WOW!!

WELL EVERYONE IS TALKING ABOUT THIS AND PUTTING THEIR OWN SPIN IT TO SATISFY SPECIFIC AGENDAS, BUT I WANT YOU TO THINK ABOUT SOMETHING PLEASE. IT IS VERY EASY TO PICK AND CHOOSE WHICH ARTICLES YOU WANT TO BRING IN AND DISSECT BASED ON HOW MUCH HYPE YOU’RE TRYING TO PASS ON TO THE PEOPLE. THE FORMER GLORY AND I USE THAT SENTENCE LOOSELY BECAUSE TRANSLATIONS ARE NOT ALWAYS ACCURATE. THE “FORMER GLORY” IF YOU WILL IS RIGHT AROUND 1200 AS I HAVE BEEN TRYING TO TELL YOU SINCE DECEMBER WHEN A SIMILARLY WORDED ARTICLE APPEARED.

LET’S HAVE A LOOK AT THIS ARTICLE
http://www.almadapaper.net/ar/news/523985/%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A-45-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D8%A7%D8%AD%D8%AA%D9%8A%D8%A7%D8%B7%D9%8A-%D8%A7%D9%84%D8%B9%D9%85%D9%84%D8%A9-%D8%A7%D9%84

PARTICULARLY THIS PARAGRAPH FROM IT

He noted the chief financial officer , said ” the central bank through the Reserve pumped money to prevent the devaluation of the local currency , ” adding that ” the reserve consists of state revenues received in dollars of oil by 95% and the remaining local revenues depends Ministry of Finance on the Iraqi dinar . ” He stressed Keywords that ” dollar selling process is very important to maintain the value of the Iraqi dinar and the balance in the local economy as the work of the dinar to float an incorrect status for Iraq and the fact that the central bank only source to sell the dollar.

IN ORDER TO DEFEND THE CURRENT OFFICIAL RATE OF 1265 WHICH IS UP FROM 1275 THE CENTRAL BANK HAD TO BUY MANY MORE DINARS. SO IF THEY HAD TO STRUGGLE TO DEFEND 1265 PLEASE EXPLAIN TO ME HOW YOU COULD IMAGINE IT OVERNIGHT RISING TO SOME CRAZY NUMBER?????

ANOTHER THING MANY OF YOU ARE HOOKED ON THIS EXCHANGE RATE BEING PUBLISHED ON THE CBI SITE RUBBISH, WELL IT IS VERY CLEAR ON THIS SHEET WHAT THE MARKET RAE IS. HERE LET’S LOOK AT THIS.
http://www.cbi.iq/documents/C.B.I.%20FOREIGN%20EXCHANGE.pdf

DO YOU SEE THE MARKET PRICE OF OVER 1300??? WHAT DO YOU THINK THAT IS??? WE ALREADY KNOW THE AUCTION PRICE IS 1182 AND IT NEVER CHANGES DOES IT?? NO IT DOES NOT…WHY YOU ASK BECAUSE THE DINAR DOES NOT TRADE!! IT DOES NOT HAVE AN EXCHANGE RATE!! IT HAS A BUY PRICE AND A SELL PRICE!!

SOME OF YOU ARE THINKING THAT THE IMF HAS SOMETHING TO DO WITH IRAQ POSTING AN EXCHANGE RATE AND YOU ARE ALL FOLLOWING SOME CRAZINESS ABOUT 30 DAYS AND THE IMF…WELL HOW SILLY S THAT, THE IMF KNOWS THE PRICE BECAUSE IT IS THEIR STABILIZED AGREED UPON RATE!! DO YOU NOT REMEMBER THE LONG LIST OF EXCHANGE RATES AND THEIR PEGS I POSTED OVER AND OVER AGAIN???
HERE IF YOU ARE LOOKING FOR CONFIRMATION OF THE PRICE READ RIGHT HERE.
http://www.almadapaper.net/ar/news/523698/%D8%A7%D8%B1%D8%AA%D9%81%D8%A7%D8%B9-%D9%82%D9%8A%D9%85%D8%A9-%D8%A7%D9%84%D8%AF%D9%8A%D9%86%D8%A7%D8%B1-%D8%A3%D9%85%D8%A7%D9%85-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D9%81%D9%8A-%D8%A7%D9%84%D8%B3%D9%88

THE PRICE INCREASED BY 10 POINTS HERE READ IT.
High value of the dinar against the dollar in the domestic market

Dinar exchange rate rose against the dollar yesterday, to 1265 dinars after it was 1275 dinars due to the rise in central bank sales of the dollar.

A banking source said the “long”, ” The dinar is witnessing a continuing rise in the current days where he arrived yesterday to 1265 dinars per dollar , after it was 1275 dinars,” adding that ” the high value of the dinar due to the rise in central bank sales of the dollar in the window sell the currency , which is evaluated every day. “

On the other hand, the central bank said in a press release, ” The size of the amount sold Tuesday reached 164 million and 459 thousand and $ 579, and with the participation of 34 banks and 17 financial transfer company.”

He pointed out that ” the amount of remittances and credits amounted to 132 million, 539 thousand and $ 579, in what was the quantity sold 31 million in cash, and 920 thousand dollars.”

The statement said, ” The amounts transferred to the accounts of banks selling abroad is priced at 1190 dinars per dollar, as well as to the price of cash sales for 1190 dinars per dollar.

1265 IS WHAT IT SELLING FOR IN THE AUCTIONS AND 1300+ IS THE MARKET PRICE 1182 IS THE OFFICIAL CBI RATE AND THE OFFICIAL OUTSIDE OF THE COUNTRY IS 1190. WHAT IS SO HARD TO UNDERSTAND ABOUT THIS??

RIGHT NOW THE CENTRAL BANK IS STRUGGLING TO KEEP THE GAP BETWEEN MARKET AND OFFICIAL PRICE CLOSING. YOU ALL NEED TO UNDERSTAND THAT IRAQ TRANSACTS IN THE DOLLAR BOTH INTERNALLY AND EXTERNALLY, THEY HAVE EXPLAINED THIS OVER AND OVER AGAIN.

IF YOU ARE STILL CONFUSED ABOUT HOW THEY OPERATE JUST VISIT THE MINISTER OF FINANCE SITE
http://www.mof.gov.iq/pages/MainMOF.aspx

LOOK EVERYONE YOU NEED TO TURN OFF THE CALENDAR ALERTS AND JUST LIVE LIFE. THESE EMOTIONAL UP AND DOWNS THAT IRRESPONSIBLE GURUS AND NEWS REPORTERS ARE PUTTING YOU ON IS UNHEALTHY. THE CENTRAL BANK HAS SAID OVER AND OVER AGAIN THAT THEY ARE SAFE AND JUST FINE UNTIL 2021 AS FAR AS THEIR RESERVES GOES. HERE READ IT

Keywords and added that ” the central bank ‘s reserves had peaked at the end of 2014 more than $ 66 billion in 2015 and dropped to about $ 53 billion and in 2016 came to nearly $ 45 billion and a book value of $ 48 billion.”

And the chief financial officer , said ” the central bank resorted to the method of supporting the general budget through the purchase of treasury transfers and collided with the financial situation not great funding in case the central bank refrain from buying treasury transfers, it will lead to significant repercussions on the general situation in Iraq, stressing that the bank contributed to cross the hardest years that have passed during the years 2015 and 2016 especially given that the contribution amounted to 20 trillion dinars , which does not violate the law , “adding that” the talks with the international Monetary Fund showed a lack of access problem in the reserve until 2021 “.

THEY FUNDED THEIR BUDGET WITH WHAT???? TREASURY TRANSFERS AND WHAT ARE TREASURY TRANSFERS IN??? YES DOLLARS! AND THIS TALK OF A RATE IN THE BUDGET AND A RIDER THAT CAN BE APPLIED, WELL MY OH MY DO YOU NOT TIRE OF THAT RUBBISH YOU’VE BEEN LISTENING TO FOR 10 YEARS ALREADY. THERE IS NO SUCH THING NOW OR EVER WILL BE. HERE FROM THE MOF WEBSITE IS THE BUDGET AND THE PRICE IS PRETTY CLEAR. HERE THE BUDGETS FROM 2006 UNTIL NOW 2017.
http://www.mof.gov.iq/pages/ar/FederalBudgetLaw.aspx

HERE IS SOMETHING ELSE FOR YOU TO LOOK AT, I BRING YOU HIGHLIGHT YOU CAN READ THE REST ON YOUR OWN.
{Central}: proposes to diversify revenue to attract hard currency
http://www.alsabaah.iq/ArticleShow.aspx?ID=130492

He said there is a certain extent of reserves represents satisfaction and acceptance globally but there are guiding standards set by the International Monetary Fund to financial reserve would be acceptable, adding that each country vary over his need for financial reserves commensurate with the internal and external economic conditions and the extent of stability.

He Keywords that reserves are the money the state can invest and employ them when in crisis or special financial conditions, stressing that this is completely different from the Iraqi Central Bank reserves.

He said the Ministry of Finance receives 95 percent of revenues in dollars and 5 percent in local currency while expenses are about 85 percent in local currency and the rest in foreign currency to the Central van based foreign currencies discharge rhythmically while keeping foreign debt payments in dollars, adding that the Central is not controlled by a financial reserve , but based on what enters the country of the dollar over the oil revenues, which are exposed to constant fluctuations. .

He stressed that the central accurate audits with the International Monetary Fund ‘s financial position as all accounts confirm that Iraq will not face up to the problem in 2021 on the subject of the reserve.

OK YOU CAN READ THE REST ON YOUR OWN BUT FOR THOSE OF YOU THAT ARE WONDERING HOW IRAQ WILL PAY FOR THIS OR PAY FOR THAT THEY HAVE ANSWERED THAT PRETTY CLEARLY…THEY WILL PAY IN DOLLARS. THERE IS NO FINANCIAL PRESSURE ON THE CBI TO DO ANYTHING AND THIS IS WHY DESPITE WHAT OTHERS ARE SAYING THE DELETION OF THE ZEROS HAS BEEN POSTPONED!! AGAIN!!

NOW FOR THE FEBRUARY 4TH DATE OR THE NEW FEBRUARY 5TH DATE OR THE FEBRUARY 15 DATE AS SHOWING THAT THE DINAR WILL INCREASE…WELL AS I JUST SHOWED YOU IT’S OK TO STOP WAITING NOW BECAUSE THE PRICE DID INCREASE ON THE 26TH. IT WENT FROM 1275 TO 1265.

PLEASE FOLKS STOP FOLLOWING THESE GURUS BLINDLY, DO SOME RESEARCH AND EDUCATE YOURSELVES ON HOW THINGS WORK AND STAY OFF THE JUICE, IT’S NOT HEALTHY.

I HAVE NOT BEEN POSTING ANYTHING ON THIS SUBJECT BECAUSE THERE IS NOTHING TO SAY, BUT WE STILL STUDY THE FINANCIAL REALITY OF GLOBAL SUSTAINABILITY ON MY BLOG, THE POWER OF EDUCATION IS LIBERATING.

THE DINAR IS JUST FINE AS IT IS AND IRAQ IS SCREAMING THAT FROM THE ROOFTOPS. NOW AS FOR TRADING INTERNATIONALLY THAT IS A REALITY AND PROBABLY SOMETIME IN 2017 BUT FOLKS THEY WILL NOT TRADE WITH A NEW PRICE, THEY WILL SIMPLY REMOVE THE SUBSIDIZED PEG AND TRADE PEGGED TO A BASKET OF CURRENCIES BUT TO DO THAT THEY DO NOT NEED TO CHANGE THE PRICE, NOR CAN THEY AFFORD TO CHANGE THE PRICE ANYTIME SOON.

I HAVE BEEN GIVING IT TO YOU GUYS STRAIGHT FOR MANY YEARS, BELIEVE ME IF THERE WAS A TRIGGER OR A DATE WE COULD SEE ON THE HORIZON I WOULD SHARE IT WITH YOU.

UNTIL THAT TIME…LOVE TO ALL…MY LADIES

34 thoughts on “IRAQ WILL RAISE THE DINAR TO ITS FORMER GLORY….WOW!!

  • Ron

    It is easy to understand the way you present it.
    I just feel sorry for the ones who hang on to the guru’s leading them down a path.

  • Trident704

    Wow!

    I hope this post is carefully studied, and thoroughly understood, by everyone making an effort toward learning the new global finance reality. Iraq is not operating in a vacuum.

    My fear is that many will pass-by the obvious truth, because it doesn’t tell them what they want to hear. Doing one’s own research takes time and effort…two things that are not compatible when hooked-up to a Blue Kool-Aid IV drip.

  • Marc

    Fantastic post. It’s pretty clearly explained, once again. Thank you!

  • Anonymous

    Thanks for the truth–no hype—It will happen, just wait for it

    • MY LADIES

      YES ANONYMOUS WE CAN HOPE 1 DAY IT WILL…IN THE MEAN TIME THOUGH IT’S BEST TO EDUCATE YOURSELVES ON HOW MONEY WORKS..WITH THAT UNDERSTANDING THERE IS NO NEED TO LISTEN TO ME OR ANYONE EVER EVER AGAIN…

  • BANE

    You have been giving it to us straight for so many years? That is a lie. You used to spout the RV was coming on Frank´s site. now you are for a lop and people are kissing your ass. I have no idea why mind you. It seems your followers do not WANT to make money. IF I truly thought this would lop I would not spend time following someone that said so. I would move on with my life. But hey, your followers are trolls too. Trolling dinar recaps.

    • MY LADIES

      WOW!! BANE YOU ARE SO BITTER AND ANGRY…THE WAIT AND THE UPS AND DOWNS ARE GETTING TO YOU AREN’T THEY??? LOOK I UNDERSTAND THAT IF YOU WERE TO EDUCATE YOURSELF ON THE GLOBAL WORKINGS OF MONEY AND CURRENCY PRICING YOU WOULD BE FORCED TO LOOK IN THE MIRROR AND REALIZE ALL THE DREAMS AND EXPECTATIONS WERE FOR NOTHING. THAT BANE IS A BIG HARD PILL TO SWALLOW.

      I BOUGHT DINAR TOO I DRANK THE JUICE FOR A LONG TIME TOO BUT OVER THE YEARS I DEVELOPED A CLEAR UNDERSTANDING OF THE MONETARY SYSTEM NOT GURU CRAP SPEWED FOR MONETARY GAIN…AND MY THINKING WAS FORCED TO CHANGE..BUT YOU BANE ARE FREE TO HURL INSULTS AND WANDER AROUND IN AN I V DRIP OF KOOLAIDE AND DREAM BIG BIG BIG…HEY AFTER ALL YOU’RE ABOUT TO BE A TRILLIONAIRE RIGHT?? AND IF YOU CAN THINK IT YOU CAN BE IT…SO BANE YOU GRAB FOR THAT RING AND AVOID THE MIRROR AND INSULT ME..BECAUSE AFTER ALL I WOULD NEVER WANT YOU KISSING MY ASS…

      ALL THE BEST BANE I HOPE ALL YOUR DREAMS COME TRUE.

    • MY LADIES

      OH AND ANOTHER THING BANE…YES I DID USED TO SPOUT THE RV…I HAVE ADMITTED SEVERAL TIMES THAT I USED TO DRINK THE JUICE…BUT WHAT MADE ME GO OUT AND LOOK FOR MORE ANSWERS WAS WHEN FRANK CAME TO ME AND ASKED ME TO USE AND CULTIVATE MY FOLLOWERS TO SELL HIS PRODUCTS..PARTICULARLY THE JUSURU JUICE..HE EVEN GAVE ME A LIST OF SITES TO STAY AWAY FROM AND A LIST OF SITES TO INFITRATE AND BUILD UP LOYAL FOLLOWERS AND GET THEM TO SUPPORT ME IN MY SELLING EFFORTS..

      THEN THERE WAS THE BLOW UP WHEN NOVA AND I WENT AGAINST HIM ON HIS CALL AND DID NOT FOLLOW THE SCRIPT THE WAY IT WAS REHEARSED..HE THREW A MAJOR HISSY FIT AND ENDED THE CALL..THIS IS WHEN I WENT OUT AND STARTED PAYING ATTENTION AND REALIZED THE MONEY IS NOT IN THE DINAR…HAHAH…NO IT NEVER WAS…THE MONEY IS IN THE FOLLOWERS THAT ARE JUST LIKE I WAS. THE FOLLOWERS WHO ARE HOOKED ON HYPE AND SEND IN DONATIONS REGULARLY AND BUY STUFF AND PAY FOR FINANCIAL ADVICE AND BUY TRUSTS AND OTHER NONSENSE VEHICLES TO MAKE THE GURUS MONEY…

      SO YES BANE YOU ARE CORRECT…BUT I GOT SMART…WHAT’S YOUR EXCUSE??!!

  • Anonymous

    You have lost your mine….Trump will get it done!!!

    • MY LADIES

      WELL ANONYMOUS IN EARLY 2015 I STARTED SAYING THIS WAS NOT GOING TO BE WHAT THE AGENDA PUSHING DONATION TAKING IRRESPONSIBLE GURUS WERE SAYING AND I SAID THERE WAS A SLIM CHANCE IRAQ WOULD TRADE INTERNATIONALLY IN 2017 AND MOST FOLKS SAID I HAD LOST MY MIND…OH BUT WAIT..IT IS 2017 AND THE DINAR STILL DOES NOT TRADE….HUMMMM YEP I LOST MY MIND ALL RIGHT…

  • Being that no one knows and hasn’t been right in any regard I think I’ll take my chances on anyone’s opinion before 2020 sheesh why even put it in print? most of us have been in this for 5yrs and longer and no longer get excited or the ups and downs any longer anyway but a total downer with out that much to back it up is well just not worth reading ..

    • MY LADIES

      FREDDY I BOUGHT DINAR BACK IN 2006 I FEEL YOUR PAIN…AND TO BE CLEAR THE 2021 DATE WAS ONE THAT WAS PUT IN PRINT BY THE CBI AND IMF..NO ME…

      I AGREE IF YOU ARE COMING HERE FOR DINAR FEEL GOOD NEWS…WELL… I DON’T HAVE ANY…YOU’RE GOING TO THE BUTCHER LOOKING FOR BREAD..BUT IF YOU HAVE ANY INTEREST IN UNDERSTANDING THE GLOBAL MONETARY SYSTEM…WELL THERE ARE A FEW GOOD READS ON THIS BLOG..I WISH YOU ALL THE BEST..

  • Michael Schuman

    So what your saying is the dinar is a scam and no one is going to make any money off of it and if we do make money off of it well be penny’s many years later thanks for that

    • MY LADIES

      SO MICHAEL WHAT I’M SAYING IS WHAT THE CBI IS SAYING..I NEVER SAID SCAM HOWEVER IF YOU READ AND UNDERSTAND PEGS AND CURRENCY PRICING IRAQ IS STRUGGLING WITH 1265 AND HAD TO PUMP MONEY SO THE DINAR WOULD DE VALUE..SO PLEASE IN REAL MATH I WOULD LIKE TO SEE THE EQUATION AND THE PRECEDENT TO JUSTIFY A MYSTERY BUTTON PUSH TO 3+ DOLLARS.

  • Randy Hogue

    Ok
    I’m not too smart
    Are you saying there will be no significant increase in value for the Dinar until at least 2021?

    • MY LADIES

      RANDY I’M SAYING IT IS NOT POSSIBLE AND RETURNING TO EVEN 1200 WILL HURT THE CBI AND THE CITIZENS…YOU HAVE ONLY TO READ WHAT THEY ARE SAYING AND REMEMBER THAT OVER THE YEARS THE GAP BETWEEN THE MARKET PRICE AND THE OFFICIAL PRICE HAS BEEN WIDENING…THE CBI IS TRYING TO CLOSE THAT GAP.

      THE IMF AND THE CBI SAY THAT THE 45 BILLION IN RESERVES WILL HOLD THEM UNTIL 2021 SO FORGET WHAT I’M SAYING WHAT DOES THAT MEAN TO YOU??

      45 BILLION IS ALL THEY HAVE IN RESERVES

  • aaanth

    So, i guess the big questions are… do you see any scenario in which the Iraqi dinar will be worth SUBSTANTIALLY more than it is now, or, is this just something that you feel will never materialize beyond where it basically is now? Is this all just hype and nonsense? are dinar holders holding air in terms of it only being worth 20/30% (?) less than they paid for it?

    i understand what you are saying about today’s circumstances. but, as an investor, do you feel YOUR (i remember you saying you held some) dinar is worthy of all of this investigation and research?

    i also remember a while back listening to you and Delta and his daughter opining on the maturation’s of the currency world and how Iraq was waiting for the silk road to catch up. has all of that fallen by the wayside and been replaced with a new vision?

    thank you for your efforts!

    • MY LADIES

      AAANTH…NICE TO SEE YOU HERE BUT MY FRIEND I NEVER OPINING ANYTHING WITH DELTA OR HIS DAUGHTER…I NEVER EVEN KNEW HE HAD A DAUGHTER…LOL..WHAT I’M SAYING IS THE SAME THING I’VE BEEN SAYING SINCE 2015 THERE IS NO MATH BEHIND 3+ NUMBER AND THE CBI IS STRUGGLING WITH 1265 RIGHT NOW IN THE AUCTIONS..

      AS FOR THE SILK ROAD WELL THERE HAS BEEN SO MUCH PROGRESS WITH THAT AND THE BRICS HAVE HELPED GET THE INFRASTRUCTURE FOR THE TRACKS LAID AND THAT PROJECT IS GOING STRONG FOR 2 YEARS NOW AND IRAQ IS A PART OF IT AS WELL EXCEPT THEY PAY FOR THEIR EXPORTS IN DOLLARS STILL WHICH IS WHY I FEEL THE DINAR IS CLOSE TO TRADING…BUT BUT BUT…THAT DOES NOT MEAN IT WILL CHANGE PRICE AND DOES NOT HAVE TO.

    • aaanth

      sorry, i think i meant NOVA and HIS daughter? lol isn’t he the one you used to be on chat with?

      • MY LADIES

        AAANTH…YES NOVA I STILL SPEAK TO HIM DAILY, WE ARE ON THE SAME JOURNEY INTO GREEN FINANCE AND THE FUTURE MONETARY SYSTEM

  • Tammy

    This article clearly shattered any hope of this investment for me. I have been following the different tidbits of info coming off of these sites and was in hope something was about to be good in this investment. Sadly, I wish I didn’t need some good news on this so bad. I’ve been waiting years on what seems to be a losing battle, which is pretty much what people warned me about.

  • Greg Hakeem

    What is do. very annoying about people like you
    Aka Mountain Goat types is that the prevailing attitude is ” We know” and nobody else knows!!!
    I hate it. I blog 100 people updated on dinar. I read everything and listen to very many people. But you guys suck the oxygen right out of the dinar room with this higher ground attitude !! We know, you don’t. the Gurus aren’t in charge of any reset
    But neither are you !!

  • Greg Hakeem

    No one would read your global banking info
    And far less even understand it. There are negative
    Nellies in dinarland. I wish I could buy in that your info is factual but I have read too much that you are not Spot on. Nothing worse than deal killers. I know you exhaust the studies with effort but just can’t agree with anyone who acts like THEY know it all and no one else does. Very sorry And wish you all the best. Just can’t buy into your findings

    Greg

    • MY LADIES

      I UNDERSTAND GREG, THE MONETARY STUDY IS HARD TO FOLLOW BY SOME AND AS FOR ME KNOWING EVERYTHING…WELL I WISH I DID…I BOUGHT VERY MUCH DINAR TOO OVER THE YEARS..I EVEN DID A FEW LAY AWAYS..I GET IT..BUT IN THE END ALL THE READING THAT YOU ARE DOING IS FROM DINARLAND MONEY TAKERS..THERE IS NOT ONE CREDIBLE WHITE PAPER OR IMF STUDY OR PRECEDENT EVER SET FOR SUCH A HUGE JUMP IN PRICE…

      LOOK MY STUFF IS NOT FOR EVERYONE…I KNOW THAT..AND I WISH YOU ALL THE BEST AS WELL…

  • Trident704

    Greg, here’s what kicked the ant hill over for me…and I’ve held IQD for over 11 years:

    Saudi Arabia is a rich country. Roughly $750 billion in foreign currency reserves. They’re about ready to light-off a $2 trillion Soveriegn Wealth Fund…that’s bigger than the assets of Apple, Microsoft, and Google…combined.

    Iraq has less than $100 billion in foreign currency reserves. Do the math. The SA riyal is worth about 26 cents to the dollar…where the heck is Iraq going to support their currency at a hyped-up rate of 400% more than that…?

    Bottom line? The IQD will NEVER re-value to even 1-1 with the USD, much less any other number being pumped by Frank, TNT Tony, Mountain Goat, Dr Clarke, or Puxatawney Phil.

    It’s a bitter pill to swallow for me, after all these years of conference calls, blogs, and IMO’s ad nauseum, but the lasting truth is that YOU are the best manager for your own money. Educating yourself with the new global reality will lessen the pain of unhooking from the Blue Kool-Aid IV drip. I did it…you can too.

    I wish you well; we aren’t the only ones to have been taken-in, back in the day. I can’t change that now, but I DO have control over where I’m headed in the future.

  • Melody

    I was asked by a friend to come into your blog to see what I thought about your take on no RV. I was appalled to see all the trashing you’ve been doing to Frank26.

    I am a member of Frank’s forum and have been for years. In fact I was on his call the night of the disagreement between you and Nova, and Frank. Who was right or what the disagreement was, is neither here nor there. Frank is the owner and founder of KTFA, so I would say he has a right to control what is said on his calls. If he thinks a comment is way out in left field, I would be disappointed in him if he didn’t stop it.

    You speak of being concerned about everyone’s health so you have to warn everyone that there will be no RV. That’s a good excuse to use, but no…..I think you’re so eaten up with hatred and bitterness for Frank that you can’t stop trashing him.

    All the hours I’ve spent in Franks forum, I have never once heard him say one mean, ugly thing about you. In fact, from the night he disagreed with you, I was looking for something to be said. At the time, I was disappointed that you were no longer with Frank and was trying desperately to find you so I could continue to follow you. I thought you had a lot of knowledge and wanted to continue to listen to you.

    Your name was never mentioned on the forum after that night. I have heard Frank say multiple times that he prays for people that trash him. I’m glad now that I wasn’t able to track you down. You call yourself a Lady. I was taught that a REAL lady doesn’t assassinate other peoples character. Especially in a public open forum.

    Frank has more integrity in his little finger than you’ll ever have. Yea, he’s been wrong many times, but he admits it and apologizes when he realizes it. As far as whether or not there will be an RV, I don’t know, but I choose to believe what Frank is teaching until he’s proven wrong. Reading your blog hasn’t convinced me of anything other than how full of animosity you are towards Frank and KTFA.

    Instead of worrying about everyone elses health, lol, like you really are, why don’t you concentrate on your own health. Hatred and bitterness are like a cancer. It will eat you alive. I’ve heard that you’ve said there’s a special place in hell for Frank. Why don’t you start concentrating on yourself, because hell is for people that have hatred and unforgiveness in their hearts like you do.

    I know that Frank knows what you’re saying about him. The fact that he doesn’t spill his guts on the forum with a comeback directed at you gives me all the more respect for him. And as far as his MLM, everyone that I know of that’s in an MLM uses every avenue they have to promote their business. They have to if they want to succeed. He has never once made me feel like I have to join, or to buy dinar from him. You make it sound like it’s wrong to be in an MLM.

    You call him a charlatan, a liar, Bible thumper, etc. He’s NONE of those things. Well, he does read his Bible, and strives to live by what it says, but that’s just one more reason why I look up to him. Seems to me, you need to find something better to do with your time.

    • MY LADIES

      MELODY YOU ARE ENTITLED TO YOUR OPINION AND I AM TO MINE…I COME OUT POSTING THINGS IF YOU NOTICE WHEN THE HYPE GETS SO LOUD AND MY EMAIL STARTS BLOWING UP WITH PEOPLE LOOKING FOR ME TO VALIDATE WHAT THE GURU GUYS ARE SAYING..

      LIKE YOU I THOUGH FRANK WAS THE REAL DEAL AND HELD HIM IN HIGH RESPECT…THIS RIFT I HAVE WITH FRANK HAS NOTHING TO DO WITH THE CALL THAT NIGHT AND EVERYTHING TO DO WITH THE HYPE HE GENERATES IT IS NOT NECESSARY AND WHILE HE DON’T TELL PEOPLE TO BUY DINAR HE DOES CREATE AN URGENCY AND OH WHAT A COINCIDENCE HE HAPPENS TO BE ABLE TO SATISFY A NEED GENERATED BY THAT URGENCY!!!

      I DO NOT HARBOR HATE OR ANIMOSITY FOR FRANK…HE DOES NOT EXIST IN MY WORLD UNTIL THE PEOPLE OF HIS FORUM START TO BLOW UP MY EMAIL…OUTSIDE OF THAT I WISH HIM EVERY HAPPINESS AND HOPE HE DOES NOT END UP RIDING THE GREASE POLE TO HELL…

      OUTSIDE OF ALL THE FRANK NOISE THANK YOU FOR YOUR VIEWS…

  • aaanth

    My Ladies,

    I do have a question. Since the current rate is not a internationally tradeable rate, will it ever be? It was once way back when wasn’t it? Even though it isn’t now and certainly your analysis is correct regarding the program rates vs the market rate, would or could it be that at some point the rate does go international in a tradeable type currency like most other countries? And if it did, would/could the natural order of supply and demand drive it up to a point where a profit would be there?

    Or, do you feel that Iraq is beating a dead horse and it’s not likely to go any where soon?

    With that in mind i would like to close by saying something nice about Frank26. While i don’t feel he is very knowledgeable about this IQD thing AT ALL, I do think he hums songs in a pleasant voice.

    Thanks for your straight forward insights and, frank remarks. (pun intended)

    • MY LADIES

      AHA AAA..I DO THINK THE DINAR WILL TRADE INTERNATIONALLY IT HAS TO FOR THE COUNTRY TO SURVIVE AND BE TRULY SOVEREIGN…HOWEVER I DO NOT THINK THE TIME IS RIGHT YET. NOW WHEN THEY DO TRADE I HAVE A QUESTION FOR YOU…WHERE WILL THE DEMAND COME FROM THAT WILL DRIVE THE CURRENCY…OUTSIDE OF THE DINAR COMMUNITY HOT MONEY WILL NOT BE MOVING INTO THAT MARKET LIKE YOU THINK.

      ADDITIONALLY LET’S JUST MAKE BELIEVE HERE FOR A MIN THAT THERE IS A RUN THE CBI WILL STEP IN AND BUY BACK THE CURRENCY OR RISK IT BEING DESTROYED ALL TOGETHER.

      SEE WHAT MOST FOLKS DO NOT UNDERSTAND IS THAT AS THE CURRENCY RISES THE PRESSURE ON THE CBI AND IRAQ BECOME INTENSE…RAISING EXCHANGE RATES ARE NOT GOOD FOR ANY COUNTRY…LOOK AT OUR DOLLAR INDEX…

      MOST CENTRAL BANKS THAT DO A FREE FLOAT (WHICH IRAQ IS NO WHERE CLOSE TO BE ABLE TO DO) STAND BY AT THE READY TO INTERVENE IF THE PRESSURE GETS TO GREAT SO THE CURRENCY DOES NOT BURN OUT.

      DOES THAT MAKE SENSE TO YOU…SO THE CURRENCY WILL NEED TO APPRECIATE IN IT’S OWN TIME IN A NATURAL SETTING..

      OH P.S. ALTHOUGH IT MAY NOT SEEM LIKE IT I HAVE MANY NICE THINGS TO SAY ABOUT FRANK TOO…JUST NOT WHEN HE WHIPS UP THE COMMUNITY WITH ACCELERATED EXPECTATION THAT HAS CRAP AND BLATANT LIES AS THE BASIS…THAT’S THE ONLY TIME I CALL HIM ON HIS NONSENSE.

  • aaanth

    My Ladies,

    Is there ANY scenario, either, economic, political, social or even unscrupulous nefarious underworld power players who or that could result in a rise in IQD? I see your math and while it does look compelling and perhaps a bit disconcerting, Iraq DID at one time have a valuable currency. Just in the same way that it was blown away by the detraction of the IQD in replacing it with the dollar, could there be, albeit an unconventional action, method or world series of events that could affect this currency favorably?

    Or, is it just never going to happen in this lifetime? 🙂

    Thank you…

    • MY LADIES

      AAA…AGAIN I AM ALWAYS PERFECTLY WILLING TO BE WRONG AND WOULD GLADLY ACCEPT ANY OF THE ABOVE SCENARIOS…HOWEVER I DON’T SEE IT…THE DINAR HAS BEEN UNDER SANCTIONS SINCE THE 90’S AND THE SADDAM RATE OF 3.22 WAS NEVER REALISTIC BECAUSE THE DINAR WAS NOT TRADING AT THAT TIME…

      NOW WILL THEY EVER GET TO A REAL VALUE THAT IS ON THE POSITIVE SIDE OF THE DECIMAL POINT…I THINK SO…IN OUR LIFE TIME???…I THINK SO…TOMORROW OR OVERNIGHT??? PROBABLY NOT…

      THE WORLD SERIES OF EVENTS WILL BRING IT TO TRADE INTERNATIONALLY THAT WE CAN BET ON…BUT A VALUE INCREASE??? NOT SO SURE…BUT EVEN WITH NO VALUE INCREASE THERE WILL BE OPPORTUNITIES…ALL IS NOT LOST…ONCE IT TRADES IT WILL HAVE A VALUE AGAINST THE DOLLAR AND CAN BE TRADED INTO MANY THINGS AT THE CURRENT VALUE IT IS NOW..SO PLEASE DO NOT GO RUNNING OFF AND SELL IT OR GIVE IT AWAY…THERE WILL BE OPPORTUNITIES JUST NOT A MILLIONAIRE OVERNIGHT…

      LOOK IRAQ THEMSELVES HAVE SAID DOZENS OF TIMES THAT THE 25K NOTE WILL BE VALUED AT 22.50 SO IF THE DINAR INCREASES ANYTHING OVER THAT WILL BE PROFIT RIGHT???

      SO ALL IS NOT LOST…

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