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.
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Thread: The longer we wait...
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25-06-2007, 03:34 AM #1
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The longer we wait...
Do unto others....you know the rest...
Here I am getting my Dinar News Fix waiting for that "Bold Adjustment"
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25-06-2007, 03:40 AM #2
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25-06-2007, 03:48 AM #3
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My point is the longer we wait, the more investors accumulate and subsequently all the more "co-owners" to pay off for the Iraqi's.
I know we have talked about this before, but after 4 years, surely the Dinar outside Iraq is a finite and definable number. Perhaps that number deters the government of Iraq from making any "Bold Adjustments".
The best way to shake out investors is to make them wait.Do unto others....you know the rest...
Here I am getting my Dinar News Fix waiting for that "Bold Adjustment"
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25-06-2007, 03:51 AM #4
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That's true. I gave up trying to figure out what they are doing. Now I just read what everyone else thinks about it. Way less stressful. lol
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25-06-2007, 03:53 AM #5
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it can be said for all investors from the Arabs and foreigners, you enter now for it will be a golden opportunity for you.
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25-06-2007, 04:35 AM #6
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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
When there is confidence in any currency, stability and growth are the next to follow..
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25-06-2007, 04:42 AM #7
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The amount of dinar we individual speculators buy is just a drop in the ocean compared to how much dinar is out there. We mean nothing in the big picture of the dinar and I like it that way.
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25-06-2007, 04:44 AM #8
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and most people you tell about it, simply laugh and think it is a waste of money and a poor investment. I think the actual number of people who hold dinar is fairly low.
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25-06-2007, 04:51 AM #9
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If indeed the CBI is removing dinar from the system, dinar will have to be harder and harder to get. This is especially true when it becomes more apparent that an rv will take place.
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25-06-2007, 05:12 AM #10
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The dinar should have rved years ago hence i believe to many people globaly have bought in. Just one of the reasons i think that iraq can not do a huge bold adjustment meaning $1+ If they are going to adjust it will be low like in the cents to start then slowly upward from there to encourage outside investment and also let other buyers buy what were selling off but that wont happen on the forex at 1+ to start cause if it did they (the investor) would be pist they missed the boat and the investment is peaked and done.
Use common sense...the world may just start look different....its always fun to dream...and you never know they may come true ONE DAY
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