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

Originally Posted by phone guy

could you straighten me out on my question?If they do a 1:1 all the iraq people become rich how can that be possible? How can they cover all that money paid out to gov. employees,not to mention they will probably quit work and live off of the money they already have???????

because at this point theyve got enough dinar stashed back to cover everything that is out in circulation. for each dinar that revalues outside of the cbi there will be one inside revaluing as well.

actually, i fully expect them to start quitting work and letting foreigners do their labor the same as kuwait did when it happened to them.

Morning guys, another cold miserable one here in England.

Ne news on the Gazette site then? Just tried to access, still no joy. No new rate as of yet on CBI site. Sure be good to see it drop another 12 or 13 points and make us some more money for our Caymans fund!

The first political : Ruling on four officials of the financial issues involved in administrative corruption

Baghdad morning

The public integrity announced that the central court issued sentences on four officials of the Ministry of Finance, including undersecretary of the ministry after his involvement in issues of administrative and financial corruption.

He said the carp official spokesman for the association in a statement received by "Assabah" copy yesterday that according to Article 430 of the Iraqi Penal Code, the Court issued the central prison sentences for a period of three years against Undersecretary of the Ministry of Finance and the assistant general manager of the accounting department and expert accounting and decision of the private sector in the ministry after his involvement regardless sums of money outside their suitability as he was supposed to be forwarded to the Economic Committee.
.Carp added that the court delegated by the Ministry of Finance the right to claim compensation for damage caused to public money.

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Originally Posted by phone guy

When do you think we will go positive left of the .o

thats an individual answer. how much you paid for your dinar as opposed to what someone else might have paid. adster posted a file earlier that shows you how much youve made on the increases according to what you paid and how much you own.

if you want to know when its going to raise significantly i would say between now and the start of the 2007 budget. everybody might want to apply a very little known tactic on here, PATIENCE.

Originally Posted by phone guy

Mr. curious, here what constitutes a senior member.....?

One that's been in this far too long and wants off the ride!

100 posts.

Originally Posted by phone guy

Mr. curious, here what constitutes a senior member.....?

You become a senior member when you have made 100 posts.

LOL dang it. Adster beat me to it. I'm too slow typing.

That's why I post so little. When I do have an answer to someone's question (which is very rarely as I learned most of my Dinar knowledge by reading this forum) by the time I go to start a post someone has usually beaten me to it. Just like Adster did now.

Originally Posted by phone guy

P.S. I meant a single dinar being worth 1:1 again I thank you

That is the million dollar question. Find the answer to this and you skip past senior member and are upgraded to God's level!

Originally Posted by phone guy

Thanks,but some normal folk have to be holding a couple mill like us.In fact maybe more then the total number of us . Again not being negative just curious . So many questions so little time

The average Iraqi earns a dollar a day. And that's the ones that are working. With unemplyoment at 50% it's hard to see how any of them could save dinars for the reval.

Now wealthy businessmen in Iraq, Kuwait and Saudi is a different matter. What's the old saying, 'money makes money'.

Originally Posted by Socata 850

Went to Chase Bank today to see if I could pick up some more dinars. It was just as easy as the last time only it cost me about two dollars more per million. Not bad since the last time I purchased was before all these dramatic raises from the CBI. What I like is that they don't require a cashiers check and they deliver without a delivery fee. They will call about 1:30PM to let me know the package has arrived. Works like clock work.

We have all been through so many ups and downs over these past several years, I'm actually a little numb as I sit and contemplate the reality of what is happening. I believe it is probably the same for most all our RolClub family. I have dreamed of these coming days so many times. I think I know how I'm going to react, but as the reality dawns on me I find that I'm really not as prepared mentally as I thought I'ld be. As I drive in my car and sit at a traffic light, I look over at the people in the car beside me and I think, "Do they know about the Dinar"? Probably not. I am so blessed, as we all are to be among such a select few (comparatively) to be able to participate in this wonderful event in history. I pray that I remain humble and never forget what it is like to live day to day, paycheck to paycheck. I want to help so many people, friends and family, I know I have to temper that feeling and be smart about these resources. Don't give away the principal, use the gain on the money and it will last many many lifetimes.

I read an interesting bit of information not too long ago. Did you know that 83% of all lottery winners who take their winnings as a one time lump sum, end up right back where they were before they won the money within 5 to 7 years. Can you believe that!! It was a very comprehensive study of many hundreds of lottery winners. Most say they did not know how to manage the money and they didn't trust professional money managers because they thought they might rip them off. What I do know is that I don't have all the answers about money management and I'm going to find the best in the business to handle our funds. Who cares if they charge you a handsome fee, if they perform and make you alot of money. Thats what America is all about.

I've been rambling, but I just wanted to share my thoughts about what I'm going through. Maybe it's the same for some of you guys as well.

I love your post!!!!

I agree with you 100% I have thought about the day coming and how I will react when I turn my computer on and the exchange rate has just made me extremely wealthy. I also look around at people and wonder if they know and if I told them would they even get the magnitude of what I am telling them. I am so excited about this investment I can't keep my mouth shut. If I find smart people looking for a better way I have to share the info. I look at it this way that I will tell them about this wonderful opportunity and what they choose to do with the information is up to them.

I also have done a lot of research on what to do with the money. It has always been my plan to make a nice nest egg and live off the interest. Obviously this would be way bigger than a little nest egg. I find if you tell your financial guy the secret investment that he will be thankful enough to return the favor and take special care of your money. I also want to help family and anyone that needs help. I am sure by now you all know that a family member of mine is very sick and I need to help right away so I do pray this happens ASAP.

But definitely make sure you know what you are doing with the money because you are quite right lotto winners do usually spend it all. In fact I have a family member that did just that. I personally gave everyone Dinars for Christmas and that's all. I thought to myself why buy some one a bottle of perfume or a pair of shoes when you can impact their whole life.

MERRY CHRISTMAS ALL!!!!!

HAPPY DINARING!!!

Dinar-Excited

Originally Posted by Dinar-Excited

I love your post!!!!

I agree with you 100% I have thought about the day coming and how I will react when I turn my computer on and the exchange rate has just made me extremely wealthy. I also look around at people and wonder if they know and if I told them would they even get the magnitude of what I am telling them. I am so excited about this investment I can't keep my mouth shut. If I find smart people looking for a better way I have to share the info. I look at it this way that I will tell them about this wonderful opportunity and what they choose to do with the information is up to them.

I also have done a lot of research on what to do with the money. It has always been my plan to make a nice nest egg and live off the interest. Obviously this would be way bigger than a little nest egg. I find if you tell your financial guy the secret investment that he will be thankful enough to return the favor and take special care of your money. I also want to help family and anyone that needs help. I am sure by now you all know that a family member of mine is very sick and I need to help right away so I do pray this happens ASAP.

But definitely make sure you know what you are doing with the money because you are quite right lotto winners do usually spend it all. In fact I have a family member that did just that. I personally gave everyone Dinars for Christmas and that's all. I thought to myself why buy some one a bottle of perfume or a pair of shoes when you can impact their whole life.

MERRY CHRISTMAS ALL!!!!!

HAPPY DINARING!!!

Dinar-Excited

Don't forget clint and the hot tub, kitty.