Thread: The longer we wait...

Originally Posted by Hardwood

Just gonna throw this out there to see what everybody thinks.

It occured to me that there are a very large number of dealers out there selling the Iraqi Dinar.

Certainly, there are new "investors" being added on a daily basis.

It is also quite likely that there are even more dealers being added to the list and thus adding to the availablity of the Dinar.

My concern and subsequent quest for feedback is this:

Do you think that there are too many people jumping on board to try and "cash in" on the new Iraqi Dinar? We have been reading reports both from mainstream media and opinion articles stating the current boom in the currency trade, namely the number of investors in Iraqi Dinar. The more people buy into this investment, the more saturated the market becomes. I do not have the ability to estimate just how many people worldwide have bought into this, but I think it is a lot more than any of us think.

Perhaps this creates a dilemna within the Iraqi Parliament. They have to decide if they want to share the oil wealth with not only their citizens, but indirectly with the global community at large (Dinar Investors).

Just wondering what the rest of you think.

Thank you.

All the above concerns were the same two years ago when I bought in, after following it for a year. I felt at that time that Iraq needed to "stop the bleeding"; however, it was felt by members at that time that the dinar would be harder and harder to get. I have witnessed no such thing. Appears to be intentional to draw it out. I can't say it could be Bush's plan, seems like it is intended by all parties involved. Reason being, I haven't the foggiest.

Originally Posted by DontDenyDatDinar

All the above concerns were the same two years ago when I bought in, after following it for a year. I felt at that time that Iraq needed to "stop the bleeding"; however, it was felt by members at that time that the dinar would be harder and harder to get. I have witnessed no such thing. Appears to be intentional to draw it out. I can't say it could be Bush's plan, seems like it is intended by all parties involved. Reason being, I haven't the foggiest.

Yes indeed, 2 years ago the concern was the same. That means two years worth of additional speculators. There are those that believe we are but a drop in the bucket, and perhaps individually that is true. But collectively, when you add in Big Business' Dinar holdings, the amount of Dinar in speculator's hands may be staggering.

I believe the internet is a blessing and a curse. It provides us a pipeline directly to Iraq for up to the minute information. It also provides a conduit for the quick sale of anything, including Dinar.

The dealers are not selling from a fixed amount of Dinar. Thay have sources in Iraq feeding them more and more as needed. With trillions of Dinar, this cycle could continue indefinitely.

I do, however, like to see the recent 1 pip per day increase in value lately!

Thank you.

Hopefully it will all work out and we can go on with our lives soon.
LIT

Originally Posted by jsfletcher

also another thing to consider is this. Unless these "new dealers" are buying from Iraq directly. it really doesn't matter. I am not concerned about new investors buying from dealers, as that money is already out of Iraq. Just my 2 fils

I like this answer. Makes sense to me. Hope you don't mind me riding on your coat tails Flethcer? Can't seem to find my own opinion anywhere. Where in the world did it go?

Originally Posted by Hardwood

Yes indeed, 2 years ago the concern was the same. That means two years worth of additional speculators. There are those that believe we are but a drop in the bucket, and perhaps individually that is true. But collectively, when you add in Big Business' Dinar holdings, the amount of Dinar in speculator's hands may be staggering.

I believe the internet is a blessing and a curse. It provides us a pipeline directly to Iraq for up to the minute information. It also provides a conduit for the quick sale of anything, including Dinar.

The dealers are not selling from a fixed amount of Dinar. Thay have sources in Iraq feeding them more and more as needed. With trillions of Dinar, this cycle could continue indefinitely.

I do, however, like to see the recent 1 pip per day increase in value lately!

Thank you.

well if it continues at one pip a day we ""ONLY"" have about 1153 more days until it would reach 100 per 1 U.S. dollar....give or take a couple of weekends when no trading is done...at 100 to 1 that would be a penny i believe....so in a little over 3 years we would finally be at a cent.....that scenario looks like a ""SLOW"" grow to me.....because that would bring us to the year 2010.....IMHO...Pat

The longer that the IQD is held in limbo, the Iraqi people suffer and lose potential income. On the other side of the coin, we that have invested in the IQD will slowly add to our collection of IQD and remove more capital from the Iraqi Coffers. If given the chance, I could reach my goal of 100M IQD.

Before you go off the deep end crying out, “Why do you need so much money,” I don’t! However, I could make a big change in my family’s lives and help others with major projects that would help improve lives and spread old American values.

There are a large amount of small towns where a new (not old ineffective) fire truck, bunker gear and ambulance would save lives. Night vision goggles for a police department. A small 4-room clinic for a visiting doctor to work out of with a trained Physicians Assistant on staff. I think you can see where I’m going with this…


Now I can wait. I have a dry roof over my head, a loving wife and family with a warm meal when I want one. In many ways I’m already very rich. However, like the buck awaiting an invitation to dinner, I can sit back eating my apple while I read my book waiting his arrival…

DesertWolf

Originally Posted by Hardwood

Just gonna throw this out there to see what everybody thinks.

It occured to me that there are a very large number of dealers out there selling the Iraqi Dinar.

Certainly, there are new "investors" being added on a daily basis.

It is also quite likely that there are even more dealers being added to the list and thus adding to the availablity of the Dinar.

My concern and subsequent quest for feedback is this:

Do you think that there are too many people jumping on board to try and "cash in" on the new Iraqi Dinar? We have been reading reports both from mainstream media and opinion articles stating the current boom in the currency trade, namely the number of investors in Iraqi Dinar. The more people buy into this investment, the more saturated the market becomes. I do not have the ability to estimate just how many people worldwide have bought into this, but I think it is a lot more than any of us think.

Perhaps this creates a dilemna within the Iraqi Parliament. They have to decide if they want to share the oil wealth with not only their citizens, but indirectly with the global community at large (Dinar Investors).

Just wondering what the rest of you think.

Thank you.

Actually Hardwood, if you think about it, it's easy. There is no more IQD being made. Who cares who owns it? If people are buying the IQD from Kuwait, so what? What's the difference if Kuwait has it or millions of Americans have it? There is none. With the CBI only sucking it up, the infinate suppy is only getting smaller. I personally believe that between 25T and 40Trillion IQD were circulated, so i think we still have a ways to go......
IMO

Hunter

Which now brings this question to mind: How many IQD is out there? Has any of our news hounds ever seen any newsprint of this? Its gotta be out there somewhere........

Hunter

Well it seems to this little pee brain that when people do exchange after an RV that almost NONE of that money would even EVER get back to Iraq for them to have to worry about. Banks that would cash it in would either sit on it themselves (then sell it to the US Gov to buy oil) or re-sell it to other investors with deeper pockets. But, what do I know....

Originally Posted by Sudden Impact

Well it seems to this little pee brain that when people do exchange after an RV that almost NONE of that money would even EVER get back to Iraq for them to have to worry about. Banks that would cash it in would either sit on it themselves (then sell it to the US Gov to buy oil) or re-sell it to other investors with deeper pockets. But, what do I know....

more than me?!?!?!