Dinar Recaps - Our Blog: Gankins Chat 12/30/11 10:03 am - Wizards13 post GET Forum

Dinar Recaps - Our Blog
Our Blog
Gankins Chat 12/30/11 10:03 am - Wizards13 post GET Forum
Dec 30th 2011, 17:16

_10:03 AM [gankans] Do you all ever read E Dinar Financial articles?
10:03 AM [Cougar13] gankans no
10:03 AM [gankans] They sell dinar, but they bring in news articles on their website
10:03 AM [gankans] Here is a good one.
10:03 AM [Cougar13] gankans hmmmmmmmmmmmm
10:03 AM [gankans] Expert expects lower inflation rates Attributes the rise to pump large amounts of Iraq dinar money into the market December 29, 2011
10:04 AM [gankans] Sumaisem said on Saturday: that the causes of increasing rates of inflation in Iraq during the current period due to pump large amounts of cash into local markets through the distribution of loans and advances and salary increases, and continued: in addition to a malfunction of local productive, i.e., there is great demand for goods versus limited offer in the market, this leads to increased rates of inflation in the Iraqi market.
10:04 AM [gankans] She pointed out that citizens have emerged new patterns of consumption as a result of trade liberalization around the world, so it becomes the amount of goods and services sold in the domestic market is less income available to the individual, it also leads to inflation in the Iraqi market.
10:04 AM [gankans] This part is really good!

Read More Link on Right
10:04 AM [gankans] The economic expert said that the inflation will fall during the coming period as a result of the Iraqi dinar exchange rate, which fell long ago, and now almost returned to its price, they followed the differences between the Iraqi exchange rate will be lower rates of inflation in the Iraqi economy.
10:04 AM [gankans] Earlier, the Ministry of Planning and Development Cooperation announced for the registration of a slight rise in indicators of inflation in Iraq for October last rose 0.3% compared with September the previous year.
0:05 AM [gankans] The earlier statement of the Ministry said that the inflation indicators for the period from October 2010 until October 2011 witnessed an increased by 5%. The statement added that the Central Bureau of Statistics achieved the inflation report for October 2011 which was prepared on the basis of collected field data on the prices of goods and services components of the consumer basket of selected samples of outlets in all provinces of the country.
10:05 AM [gankans] This is what I have talked about in past conversations.
10:05 AM [gankans] Very good information!
10:06 AM [Cougar13] gankans tks
10:06 AM [SemperFi] gankans ...thanks for keeping us updated!
10:06 AM [gankans] The only real way to drop inflation at this time for Iraq is to reval the Iraqi dinar
10:06 AM [gankans] Cougar13 SemperFi YW!
10:07 AM [gankans] Here is the link for E Dinar Financial: http://www.edinarfinanci ••• =&nn=678
http://www.edinarfinancial.net/news/?quer=&nm=&ny=&nn=678
10:07 AM [gankans] I have another article that you may not have read. Hold a sec...
10:09 AM [gankans] Don't read too much into this, or read the wrong thing- ok?   
10:09 AM [gankans] http://www.efinancialnew ••• es-PE-AM
10:10 AM [gankans] This article gives us some clarification or insight about how things are conducted in the process of revaluing a currency and why.
http://www.efinancialnews.com/story/2011-12-28/greek-lessons-from-iraq?mod=sectionheadlines-PE-AM
10:11 AM [gankans] The article is not saying they are going to screw over us current dinar holders and bring out a new currency. Just wanted to clarify that.   
Dec 30 10:21 AM [gankans] Dee1031 Current inflation is 9%
Topic: ~*~ HAPPY BIRTHDAY AL (amadden) HAPPY BIRTHDAY TODAY ~*~
10:21 AM [Dee1031] gankans thanks wow
10:21 AM [Dee1031] almost hitting two digits
10:21 AM [gankans] Sorry, 6.44%
10:21 AM [Dee1031] aw darn   
10:21 AM [gankans] GDP is is 9%
10:22 AM [mirty] G is that good or bad?
10:22 AM [gankans] GDP is 9.6% actually
10:21 AM [Dee1031] aw darn   
10:21 AM [gankans] GDP is is 9%
10:22 AM [mirty] G is that good or bad?
10:22 AM [gankans] GDP is 9.6% actually
10:22 AM [gankans] Fastest growing country in world
10:22 AM [gankans] mirty Great for a country that is about to revalue
10:22 AM [mirty] G is that good or bad?
10:22 AM [gankans] GDP is 9.6% actually
10:22 AM [gankans] Fastest growing country in world
10:22 AM [gankans] mirty Great for a country that is about to revalue
10:23 AM [mirty] High inflation is a good thing
10:23 AM [gankans] It's M2 money is growing at a rate of 17.2%
10:23 AM [gankans] 58 billion USD in foreign reserves
10:23 AM [Dee1031] lantzalots I just saw what you said   
10:23 AM [gankans] That's not counting the gold and oil reserves
10:24 AM [gankans] Can you say wow!?
10:24 AM [Dee1031] WOW
10:24 AM [lantzalots] Dee1031 were my calculations correct on the hours
10:24 AM [gankans] Dee1031 I thought you could
10:24 AM [gankans]   
10:24 AM [Dee1031] gankans   
10:24 AM [Dee1031] lantzalots just about
10:26 AM [gankans] Net foreign assets is actually at $67 billion, and 3 billion in gold
10:28 AM [gankans] Another key figure compared to a year ago is the net commercial deposits into the local banks is up to almost 3 billion.
10:29 AM [Dee1031] sure looks like we are getting closer to this happening
10:29 AM [Dee1031] question is whebn
10:29 AM [gankans] Another Big part of this is, no outside currency deposits being shown!
10:29 AM [Dee1031] when
10:27 AM [Dee1031] so gankans do you think this will happen before Jan 1?
10:29 AM [gankans] Dee1031 Possible
10:30 AM [mirty] We need a miracle today
10:31 AM [Dee1031] mirty well, I said if this doesn't happen by the 31st, you will not see me in here as much. I will come in from time to time. I need to move on with my life
10:31 AM [Dee1031] This is going on for 3 years for me
10:31 AM [gankans] Quote: "The reason behind the monthly and annual inflation as well as the core inflation increase for Jan. 2011, which amounts to 2% , 5.8% and 5.3% respectively, belongs to considering the new electricity rate. "
10:33 AM [gankans] Dee1031 We all empathize.....
10:33 AM [Dee1031] gankans I know , I can't imagine the ones in this for 8 years
10:34 AM [gankans] Dee1031 I have been going on with my life for quite some time. You have to in order to stay emotionally stable.
10:34 AM [Dee1031] gankans I know and you are right but I am obsessed with this investment. Have lots of people to help
10:35 AM [gankans] That's why I spend only so much time in the chat rooms and more time living my life outside of dinar world.
10:35 AM [gankans] Dee1031 I feel your pain and it is difficult.
10:35 AM [gankans] I am trying to help people in other ways until the RV
10:36 AM [gankans] I am always searching for ideas to help others. It's my nature.
10:36 AM [gankans] firecarl Yes sir
10:36 AM [firecarl] let's re-value a certain ME currency and then we can go on with our lives ... it' s way out there , but ya never know
10:36 AM [Dee1031] firecarl   
10:36 AM [gankans] firecarl LEt's create our own currency!
10:36 AM [Dee1031] gankans   
10:36 AM [gankans] firecarl Brilliant!
10:41 AM [Dee1031] okdinar obviously their currency is still the same 1170
10:41 AM [gankans] Dee1031 IT doesn't make sense.... but that's why you take time
away and wait it out.
10:42 AM [gankans] Dee1031 I have made sense of this for over 3 years now and it doesn't make sense why they haven't. Go figure?   
10:43 AM [gankans] Gotta get going my friends.
10:43 AM [gankans] I have to go to the store
10:43 AM [gankans] Keep your heads up and ask God to give you strength and guidance.
10:44 AM [gankans] mirty yep
10:44 AM [gankans] okdinar cya

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