Thread: reprinting dinar means we lose

Originally Posted by Offshore-Wealth.com

Funny,

If I had listened to every financial expert when Kuwait dinar dropped like a rock, I would be broke today and out of business. Thank God I don't listen to others anymore, I do my own research, and this is what this forum was started for, so everyone could learn from each other and contribute accordingly.

Even if revalue does not happen soon, as everyone would like, there will not be a reprint, period. Show us the data of your COO contact on reprinting, I would love to know how anyone would come to the conclusion a reprint is going to change anything, good or bad. With current value it would not be worth reprinting, and at your supposed scenario, there is no possible way an exchange would not be allowed without total all out economic meltdown. You and your experts opinions combined are hardly worth commenting on at this point, so sell off your 25K dinar and move on.

Good luck to all, Mike

Sorry but you are propogating a myth, The kuwaiti dinar never dropped in value. It was frozen on the market. The only ones who got KD where the people on the kuwaiti streets. I doubt you or I had a chance to go to kuwait when Saddam was burning it down. I learned this after I bought dinar. Now you just learned it.

Originally Posted by blimpie

Sorry but you are propogating a myth, The kuwaiti dinar never dropped in value. It was frozen on the market. The only ones who got KD where the people on the kuwaiti streets. I doubt you or I had a chance to go to kuwait when Saddam was burning it down. I learned this after I bought dinar. Now you just learned it.

I can't believe that you are basically calling one of the most respected members here a liar! Unbelievable!

Originally Posted by blimpie

Sorry but you are propogating a myth, The kuwaiti dinar never dropped in value. It was frozen on the market. The only ones who got KD where the people on the kuwaiti streets. I doubt you or I had a chance to go to kuwait when Saddam was burning it down. I learned this after I bought dinar. Now you just learned it.

he just said "if I had listened to every financial expert when Kuwait dinar dropped like a rock, I would be broke today and out of business." this would indicate to me he DID get in on the KD. As for you if this is such a bad investment why are you still here instead of out somewhere trying to sell your dinar? My offer is still open, pm me and I'll see what kind of price we can come up with for some or all of your dinar.

Originally Posted by Offshore-Wealth.com

"The situation in the province is unbearable, the city is abandoned, most of the families have fled the city and all services are poor." great news!

Earlier this year, relations between locals and foreign fighters started to sour when the foreigners started killing Iraqis suspected of having links to the Americans or even those holding government jobs. great news!

The rift became an outright split with a wave of assassinations and bombings that killed scores of Anbar residents and were blamed on al-Qaida.
A suicide bombing on Jan. 5 in a line of police recruits in Ramadi killed at least 58 people, including U.S. troops. great news!

In late May, a prominent Sunni Arab tribal leader, Sheik Osama al-Jadaan, who provided fighters to help battle al-Qaida in Anbar was assassinated in Baghdad. great news!


"Anbar has been abducted by terrorist groups," al-Dabagh said. great news!

The area is an insurgent stronghold and Ramadi has become one of the most violent cities in Iraq. great news!

"Obviously the situation down in al-Anbar is very complex. great news!

But he admitted it would take time to bring stability to the region. "It's not going to happen overnight. It's going to take a longer period of time

"But it will not occur in the next two or three months, it will be a much longer time period." great news!

Thanks for the material. Looks like a reval next week, or the week after that.

Pass the koolaid.

The prime minister-An official source in the Prime Minister's Office

(Voice of Iraq) - 18-09-2006 | This issue was sent to a friend

The name of God the Merciful
The Republic of Iraq - Prime Minister-Information Office
Monday, September 18, 2006
Statement

An official source in the Prime Minister's Office, including the following :
Given the presence of several countries is the PKK terrorist organizations, and the fact that the Iraqi constitution does not allow the existence of terrorist organizations accused of terrorism in Iraq, therefore, the Iraqi government has decided to end the presence of the party in Iraq and the closure of all its offices and prevent any activity.
And the Iraqi government will cooperate with Turkey to solve every element of strengthening security ties and good neighborly relations.

Sotaliraq.com

Originally Posted by blimpie

Sorry but you are propogating a myth, The kuwaiti dinar never dropped in value. It was frozen on the market. The only ones who got KD where the people on the kuwaiti streets. I doubt you or I had a chance to go to kuwait when Saddam was burning it down. I learned this after I bought dinar. Now you just learned it.

Funny,

Now I know you are way off base, so you are saying I was not able to purchase Kuwiati dinar at .10 per dinar? And although I was not there at that moment in time, my business associates were, and they are both millionaires because of devaluation, so you are going to say there was no devaluation? Well friend, you said a mouthful there, and with a foot in it at the same time. LOL You have a lot to learn and you had better look elsewhere for you are a lost sole in this forum.

Good luck to all, Mike

Just another A$$HOLE trouble maker "blinded by the blight" in his mind. Not even worth a Reply.

Originally Posted by choochie

I can't believe that you are basically calling one of the most respected members here a liar! Unbelievable!

Not calling anyone a liar. Gee this place looks like some other places Ive seen. Someone posts something and they are quicly bashed. This myth has been propagated by dealers all along. I beleived it too until I found out the truth.

The third series was issued on 20 February 1980 after the accession to the throne of Emir Jaber al-Ahmad al-Jaber al-Sabah, at that time in denominations of ¼, ½, 1, 5 and 10 dinar. The new 20 dinar banknote was introduced on 9 February 1986. As a result of the state of emergency after Iraq's invasion of Kuwait, this series was ruled invalid with effect from 30 September 1991.

Kuwaiti dinar - Wikipedia, the free encyclopedia

Why do you think this happened? Do you think that maybe Saddam had his hand in the bag? Do you think that Kuwait was going to leave all the looted money on the market? Are you guys all noobies here?

Originally Posted by blimpie

Thanks for the material. Looks like a reval next week, or the week after that.

Pass the koolaid.

Funny,

Now how did I know this would go right over your head? This is significant event as finally Iraqi's are getting fed up with being used as pawn at their expense, not the outsiders who are insurgents. Just as we have seen many Iraqi's start turning in suspected terrorists, the tide is turning, and if you had a clue, you would know that many regions are already in relative peace, just look at Kurdistan region to see what the rest of Iraq will be soon, in peace.

Good luck to all, Mike

Originally Posted by shotgunsusie

Sotaliraq.com

Ties=Corruption