1-28-13 SWFloridaGuy: A PEP is not going to a gold standard. A PEP would be tying it to oil and a basket of currencies or doing a more broad based commodity peg. I was not talking about major revaluations in the past. Thought that was clear, sorry for the misunderstanding.
I can back up all the things I've said by pointing to professionals who know far more about this stuff than I. I don't do rumors and I don't post to pump dinar sales. I'm just another opinion among many who have no idea how this will turn out but hoping for the best. Here is some information that will explain where I'm coming from.
Harvard Study Link. http://www.hks.harvard.edu/fs/jfrankel/What_to_do_with_Iraqs_Currency.pdf
Lecture 9 http://www.personal.psu.edu/faculty/d/x/dxl31/ec340/lecture9.html
Macroeconomic Effects of Large Currency Appreciations http://www.oecd.org/development/perspectivesonglobaldevelopment/47213150.pdf
Yale Study http://www.law.yale.edu/documents/pdf/Clinics/9_Increasing_the_Macro_Impact_of_Remittances_on_Development.pdf