Thread: Iraq/Dinar News. 09/05 to 01/14/07

Hassle,

As an article further up suggested, trade is up 150% from Britain, and that with all the bombings going on. Do you really think the unrest really makes a difference? The unrest has been going on for years, the ID was at .32 just before the War when Saddam was in charge.

As for it being sold in lots of places, so what? What does that prove? These people have already lined their pockets with Dinars and are making money on top, why not?!

This has happened before with Kuwait and they had nowhere near the oil reserve that Iraq has. That's the key, OIL=MONEY, that's why so many countries are interested. ;0)

Just my opinion on the research I've done. It's all coming together nicely and I think will be sooner than later. Once the IMF have approved loans worth "a few hundred" million dollars which would not go to building projects but would bolster the central bank's finances and backstop the Iraqi currency.

I feel this will come later in the year and will be the springboard for the World Bank to put a peg on the Dinar.

We'll see, then again, it could be sooner, or later, lol.

Where and how do we go about purchasing the Dinar? When you purchase the Dinar how do you go about selling it when the time comes?

so trade is up 150% from Britain, big deal. who cares about Britain?
up from what? zilch!
if you think a million dinars at $900 is great value think again.
it doesn't matter how low it's value right now, it can go lower.
you can buy a million turkish lira for less than $1.
and that's been like it for ages.
"Do you really think the unrest really makes a difference?"
wow adster, i can't believe you said that.
that's real innocent people getting slaughtered every day in iraq, have some respect and stop thinking about all the millions you're (un)likely to make.

Originally Posted by Adster

Hassle,

As an article further up suggested, trade is up 150% from Britain, and that with all the bombings going on. Do you really think the unrest really makes a difference? The unrest has been going on for years, the ID was at .32 just before the War when Saddam was in charge.

As for it being sold in lots of places, so what? What does that prove? These people have already lined their pockets with Dinars and are making money on top, why not?!

This has happened before with Kuwait and they had nowhere near the oil reserve that Iraq has. That's the key, OIL=MONEY, that's why so many countries are interested. ;0)

Just my opinion on the research I've done. It's all coming together nicely and I think will be sooner than later. Once the IMF have approved loans worth "a few hundred" million dollars which would not go to building projects but would bolster the central bank's finances and backstop the Iraqi currency.

I feel this will come later in the year and will be the springboard for the World Bank to put a peg on the Dinar.

We'll see, then again, it could be sooner, or later, lol.

hassle,

Why did you invest in them if you don't think they will go up in value?

The point was that Britain's trade with them has gone up by 150% already and that with all the civil unrest going on. Goes to show that whatever unrest there is it makes no difference to what happens to the Dinar. The fighting over there has been going on for hundreds of years.

We're not talking bout the Turkish lira, this is the Dinar. How can a value of 0.001 to the dollar go any lower?! lol, wake up.

Have some respect? Don't patronise me and take my comment out of context, it was said in a way that no matter what happens out there it won't affect a pegging of the Dinar.

adster,
I did not invest in the dinar.
I GAMBLED.
big difference.
How can a value of 0.001 to the dollar go any lower?!
are you serious?
actualy your figure is nearly twice the current value which is 0.0006803
of course it can go lower.

Hassle,

Any investment is a gamble. You invested in p**s right? That was a gamble. Anything is. You invest in stocks and shares, that's a gamble, there are no guarantees.

If you're so against it going up it why did you put money into it? lol.

Do you really think Bush and the rest of the world will allow the Dinar to drop in value with the amount of debt that has been written off, the restructuring, the new government coming in once Constitution is signed?

Best you do more research Hassle.

I told you why I put money into it in my previous post.
as for Bush, things could go sour on him very fast.
how long do you think the american people, bless them, will put up with seeing their sons and daughters arriving home in body bags?
so much could go wrong but you haven't written one line on the possible downside to this.
as you make an average of 11 posts a day, I'll let you have the last word here as you would have done anyway!

Originally Posted by Adster

Hassle,

Any investment is a gamble. You invested in p**s right? That was a gamble. Anything is. You invest in stocks and shares, that's a gamble, there are no guarantees.

If you're so against it going up it why did you put money into it? lol.

Do you really think Bush and the rest of the world will allow the Dinar to drop in value with the amount of debt that has been written off, the restructuring, the new government coming in once Constitution is signed?

Best you do more research Hassle.

The only downside I see in this is they do away with the currency. Seeing as they have invested billions into it and now have only this 1 currency for the whole country this really won't happen. Remember this currency has only been around for 2 years.

Sorry, I don't see another downside. Yes there are no guarantees but hey, this to me is better than any hyip, mlm, autosurf, sports betting, you name it!!. And the amount of enquiries and pm's etc I've had shows that others feel the same way. ;0)

Interesting,

There will always be those who predict the worst, and that is what is good about these forums, people can contribute with or without knowledge, and that is what makes learning more interesting. After all, if not for this forum, and others like it, most would not have a clue what is going on in Iraq, other than the sad side of lives being lost in the name of freedom.

Could Iraq change currencies again? I highly doubt it, but for those who think it could happen, perhaps you can enlighten us. It would take an invasion, just as Iraq did with Kuwait. What happened then will happen again, the US and others will step in and correct the situation, just as history has taught us. I made out well with the Kuwaiti devaluation, and the only reason I took the risk was that I knew the US would step in, just as we knew the US would step into Iraq, it was simply a matter of time.

OK, so for those who think that the currency could change, please explain why? Remember, it cost billions to replace the old Saddam faced currency, and it was not done for any other reason than to erase Saddam from memory since his picture was plastered on every note. (g)

What happened to old currency, it was exchanged, was it not? So, if there was the remote chance that Bush would run for President in Iraq, I would think he would be the type to want his face plastered all over the bills again, so I think this would be the only plausible scenario for another change in currency. LOL

Good luck to all, Mike

Mike,

Excellent post, total agreement.

Funny, I used to sell cars for a living and when very young even vacuum cleaners! but I never believed in their products and thus could never put 110% into either. THIS ONE I DO.

This for me is such a good gamble in which the odds are so favourable it makes it unmissable to have a few $'s on! It really does. Being honest, I make 3% on whatever anyone orders. This isn't a fortune, and with the amount of emails, pm's I send out, it's really not much at all. I would take more pleasure if say 6 months down the line I get an email from someone saying 'Thanks Ads, for the Dinars link, it's made a real difference to my/our life/lives'.

I'd like others to get wealthy on this. Why not after the current problems with P**s?

That for me would make me feel great. And yes I will continue to update on any news I hear.