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

Originally Posted by mike brown

what are the chances of that

by the way, did you ask how much was available on the spot?
just wondering how much " they " exchanged...

Same thing I thought but they are one of the bigger dealers who get dinar next day. Sorry I didn't ask what was available I was only ordering 2 million for someone and was surprised it was there, no wait. I guess some people are getting tight for money with the holidays and are selling out.

Originally Posted by mike brown

2 questions

is chase still selling dinar? YES

BofA is not selling dinar? Some say yes but most say not yet.

Originally Posted by mike brown

i know this is an option for some, but why do a lot of people have money in the isx?

isn't the best way to make a nice profit, on the dinar side?

ie. the possibility on taking $750 and turning it into 1-3 million, how is it even possible to get any where near that type of return on/in the isx?

buy the shares at .0006 each and sell them for $1+. same as your dinar, what you hold are shares in iraq in those dinar. i happen to hold those and shares in the banks over there too, one of which has already split so now i have two times the shares.

Originally Posted by explorerhot
Because you take your $750, you still exchange it for 1 million Plus dinar. Then invest that million+ in ISX and when the ISX takes off, your million is multiplied by x3,5,10,ect.... times.

Originally Posted by Gloribee

Sorry, but I dont understand, can you explain???

Im not an expert,but if you have a way into the ISX,like warka, open an account and convert $750 to a million+ dinar. Then invest in ISX stocks (now at lowest since ISX opened). Once the FIL is inacted, the market should increase. In time it should go up. You could have your stock holdings multiply by x 3,5,10,ect.... times. Your 1 million dinars could be worth 3 million,5million,10 million dinars over time, and depending on the exchange rate, your $750 could be worth ?? whatever the millions of dinars are worth. Then the only problem is selling stock, collection dinar, converting to USD and have Warka transfer your millions of dollars back to you. Thats alot of steps and alot of trust, so you might get some Dinars in cash Just incase.

Originally Posted by Adster

The big EU meeting. It's possible for a reval tomorrow, but then it could be anytime within the next 3 months.

Adster,

Question for you. With all the stuff that is going on, I thought you said between now and 3.5 weeks. Can you tell me why you think it is 3 months,now. I don't get it! With the EU meeting on Monday the 20th, the WTO NOV. 29-1 of DEC., and the IAMB on the DEC. 11-12.

Or it was a typo, because you are on a lot of good drugs at the hospital?

HELP?

I like the leverage implicit in buying Dinar and then investing the Dinar in the ISX.

The question is, how do you do that, assuming you hold your 1 million NID in your hand, and your hand is a long way from Iraq?

Who can be trusted to receive the funds and invest them at a reasonable cost?

Regards
GrahamB

Originally Posted by bubbajr

Adster,

Question for you. With all the stuff that is going on, I thought you said between now and 3.5 weeks. Can you tell me why you think it is 3 months,now. I don't get it! With the EU meeting on Monday the 20th, the WTO NOV. 29-1 of DEC., and the IAMB on the DEC. 11-12.

Or it was a typo, because you are on a lot of good drugs at the hospital?

HELP?

Good point bubbajr,

I was wondering the same thing myself. I would think the latest would be December 12th or 14th to give them a couple of days after the big meeting.

So was it a typo Adster?

Hope you are doing well in the hospital get well soon.

Dinar-Excited

Originally Posted by GrahamB

I like the leverage implicit in buying Dinar and then investing the Dinar in the ISX.

The question is, how do you do that, assuming you hold your 1 million NID in your hand, and your hand is a long way from Iraq?

Who can be trusted to receive the funds and invest them at a reasonable cost?

Regards
GrahamB

there are some individuals over at iif that are investing in the isx in groups but if you are interested in investing on your own there is plenty of information about going through warka investment bank to do so. you can find this in history or talk to lance over at iif, he is very good with warka.

sorry to jump in out of subject but i was out this evening for a while seen where someone posted seeing that they are going to hand out the 10k on sunday, is this true? also i thought i read some where that and amount for the r/v had been detected? am i right or did i just misunderstand it? if so what rate did they think this was going to exchange at? and finally, did or does anyone have a clue to as when the r/v will take place? sorry for so many questions just don't want to misunderstand things. anyone interested in helping me out it would be appreciated.
Thanks,

Good point bubbajr,

I was wondering the same thing myself. I would think the latest would be December 12th or 14th to give them a couple of days after the big meeting.

So was it a typo Adster?

Hope you are doing well in the hospital get well soon.

Dinar-Excited

First, I hope this does not get me in trouble with Neno. I think the dinar will r/v on December 14 Guess why Neno: you know I love you and could not resist after seeing Dec. 14

Please feel free to move this post.