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

i hope you are right, seems every day i'm either totally excited and thinking of that dream house or i'm sick to my stomach thinking oh well this isn't happening like i thought it would be. I sure hope mike or adam comes in here to put my fears to rest after that email, so now we wait

Originally Posted by krissy72

Has anyone else here who has ordered from bruce received an email this morning, i will paste the first part of it, not sure what to make of this.

Dear Member - We are aware of Iraqi finance minister statements of a recommendation of a change of the currency and a possible imminent 20% re-valuation of the currency . If this happens , for a fee will will exchange any of the Dinars you have for new ones and there should be a good time period during which this can be done , I will keep you posted if we get more concrete details on this. We see this as highly positive for the Dinar and maintain our BUY recommendation

Adam or Mike can you tell me what you think of this, i'm confused by this. Or anyone who knows what is going on can you please comment on this, to me this sounds bad but i'm probably missing something.

thanks
krissy

Hi Krissy,

I would suspect it is the same supply and demand issue I have seen building daily for months. There are shortages all over, so as such, the prices will rise, and 20% is reasonable. The reason he is offering to purchase back dinar is obvious, to make money. (g) This really has nothing to do with official increase as I have heard, just normal supply pressures as I see it.

Good luck to all, Mike

Krissy, I promise it will be fine. I agree the suspense is killing all of us, but the payoff will be one I have never experienced in my life. I keep thinking what my initial reaction will be. Since I have never experienced anything like this, who knows. Everything we have read leads me to believe it is soon. Just hang in there.

Originally Posted by haydenh

Hi Again,
Has any body bought from why-buy-dinar.com or know of anyone else that will accept e-gold for dinar. I have figured out how to trf DXInOne credits to there, so if i can buy dinar with egold i may as well put it to use!!!
Cheers
Hayden

Hi Hayden,

I am not familiar with why-buy-dinar, but if they take egold, great, as few do. The only one I know of is Free-Dinar, but there price is $899.00 which is a more than cash dealers.

Good luck to all, Mike

Originally Posted by Offshore-Wealth.com

Hi Krissy,

I would suspect it is the same supply and demand issue I have seen building daily for months. There are shortages all over, so as such, the prices will rise, and 20% is reasonable. The reason he is offering to purchase back dinar is obvious, to make money. (g) This really has nothing to do with official increase as I have heard, just normal supply pressures as I see it.

Good luck to all, Mike

I totally agree, Supply and Demand. As stated earlier My boys and I will be looking to get 3 million plus today. We will start with my orginal supplier safedinar and go from there as I have already heard of them having problems with the smaller denominations. I have others to order from that have not checked out. Will report later today on how it went down.

Originally Posted by krissy72

Has anyone else here who has ordered from bruce received an email this morning, i will paste the first part of it, not sure what to make of this.

Dear Member - We are aware of Iraqi finance minister statements of a recommendation of a change of the currency and a possible imminent 20% re-valuation of the currency . If this happens , for a fee will will exchange any of the Dinars you have for new ones and there should be a good time period during which this can be done , I will keep you posted if we get more concrete details on this. We see this as highly positive for the Dinar and maintain our BUY recommendation

Adam or Mike can you tell me what you think of this, i'm confused by this. Or anyone who knows what is going on can you please comment on this, to me this sounds bad but i'm probably missing something.

thanks
krissy

Mike...Am I reading into this too much...or just PLAIN WRONG?

It's rather contradicting...CHANGE the currency...20% RE-VALUATION...then back to "We'll buy back the 'old' dinars and exchange them for the 'New' dinars...

my dad got this email as well and we both are concerened about this. on the one had "change of the currency" i believe they are just talking about the possible increase in value. what throws me off is the " will will exchange any of the Dinars you have for new ones" ????????????? anyone have a clue, this is way out in left field to me!!!!!

Originally Posted by flygirl1

Krissy, I promise it will be fine. I agree the suspense is killing all of us, but the payoff will be one I have never experienced in my life. I keep thinking what my initial reaction will be. Since I have never experienced anything like this, who knows. Everything we have read leads me to believe it is soon. Just hang in there.

Funny,

Good advice, it is stressful when the news stops, but in my opinion, this is actually good news. We saw all the press releases about .67 to 3.22 in numerous articles, and although some were confused over the translations of articles, the bottom line is that those it was intended for understood what was being said, and in not one article was the specific term lopping used. Yes, we saw lifting, knocking off, removing, etc., but not lopping, and this is a specific currency term.

With all this hoopla over what it really means, one thing came thrugh loud and clear, it was designed to test the world market response, as in, fishing for input. What did we hear? Nothing, not a single statement other than about translation by those who are not involved in the politics here, testing the water, pure and simple, this was the reason for announcements. With no objections by neighboring countries, and in light that this release was just prior to major meetings aroung the Arab region, it was perfectly timed so that if there was any concerns over Iraq revalue, they would have heard it at these meetings.

The meeting I posted earlier is a perfect example. If there was an issue about proposed reval, believe me, we would have heard about it by now, but notice how quiet things have been for the last few days, nothing, zip, just news of killings, which is sadly normal news, so I think we are real close now, just my gut feeling, but what I see makes logical sense and validates what I had been hearing from Kurdistan where a meeting was also just held this past week when Maliki visited region. Now we know Maliki is heading to U.S, after a delay from proposed meeting this week. With Korea issue popping up, it was postponed to end of month, so all these little tidbits are a piece of puzzle as I see it. In short, don't get stressed, we are on track for revalue real soon, so stand by, relax, enjoy the anticipation and dreams that will soon come true.

Good luck to all, Mike

that is what i was concerned with too the part of email that said "change of currency" and "20% revaluation", i read it like new currency and the reval would be at 20% increase and they would offer to buy back your old currency. I hope this isnt right. Mike what do you think of them implying an actual change of currency, have you heard this?

I can report right now. I just completed my boys order and they said the Supply and the Demand is very HEAVY. They didn't have any 1k's but I had no problem with the order as usaul with the other denominations. Just letting all know.