Thread: Burst Your Bubble?

Here are two concerns of mine about the Dinar opportunty.

1.Iraqi dinars can't be traded outside of Iraq. So even if the investment in dinars does pay off, you won't be able to cash in without catching a flight to Baghdad.

2. The people selling the Dinars won't buy them back - neither will the US treasury.


Am I missing something? Yes, you are missing plenty. (g)

Hi Adster or Mike (Off Shore Wealth) or both - Could you please reply to this post and put those of us less informed and following your advice our of our misery. Thanks.

Originally Posted by nighttimedaydreamer

Here are two concerns of mine about the Dinar opportunty.

1.Iraqi dinars can't be traded outside of Iraq. So even if the investment in dinars does pay off, you won't be able to cash in without catching a flight to Baghdad.

2. The people selling the Dinars won't buy them back - neither will the US treasury.


Am I missing something?

I can try to explain.

1. Iraq dinars will be able to trade outside Iraq, It is already been traded in USA and when the dinars hit forex everyone will be able to trade with the dinars.

2. You dont have to sell them back to those you bought them from, you can sell them on your forex office!

Regards

John

Thank You.

Well done Raditz you're spot on!

There are already banks in the US trading the Dinar, Compass is one, and B of America is another, (maybe not all branches but certainly some are).

We are waiting for the Dinar to be made 'convertible'. Once this happens it can be traded and exchanged anywhere in the world as the Dinar will then be a 'worldwide' currency like the Pound, Euro, Dollar etc.

If and what may well happen is that teh Dinar will be released on the Forex. Some websites already have the Dinar listed and are tracking it although it's not being traded yet. Could be anytime though if they are now listing and watching it.

Bottom line is that they have to make it convertible or Iraq will not be able to trade with the rest of the world, something they're looking to do asap.

What we really need is it to made convertible and revalued either together or within a short time frame. If it's made convertible and not revalued then it will be allowed to 'float' in the markets. This will also be great for us as we can use our Dinar to buy up stocks, shares for pennies than can only go one way, UP.

It's all good IMO. If it wasn't I wouldn't be sitting on 12.5 million of them, LOL.

Interesting,

It amazes me how someone can post without doing an ounce of research, especially when it is negative post. (g) OK, let us say there was no way you could cash out your dinar unless you had to go to Bagdad, and like many of us, we now have millions in dinar, which many will be worth millions in US dollar, so I ask you, would it be worth the airfare and slight risk to go to Iraq for your withdrawal?

After all, do you have any other way to makes millions with nothing more than a couple day round trip to the middle east? Egads, I would travel through hell to cash out for millions in US, but then again, none of this is relevent as we can go to Kuwait, Qatar, Saidi Arabia, or any HSBC bank in the world now that they have branch in Iraq, so there is no point to this thread for those of us who have done all the research already.

Good luck to all, Mike