Originally Posted by Adster
Interesting,
Good one Adster, little by little, more and more countries are forgiving debt to Iraq. Why, because the world has a vested interest in seeing Iraq become a successful and peaceful country. Why, OIL, that's why. Look at the advantage all these countries will have down the road when Iraq is the largest oil provider in the world. It is all in the plan, and that includes supporting Iraq's recovery 100%.
Look at it this way. Imagine if Iraq was a company. Here it is a multi-billion dollar company, with more assets than any other company in the world, and almost zero debt, and lines of credit lining up around the world, now what would that stock in this company be worth? This is simple economics, and if countries would run in the black, as they should, the all economies would be sound. Imagine if the US didn't owe trillions in debt? LOL Keep dreaming, but I am putting my money in Iraq before I would US.
Good luck to all, Mike
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24-11-2005, 05:06 PM #481
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25-11-2005, 02:31 AM #482
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25-11-2005, 05:19 AM #483
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when?
when wil be the time to sell them?
anyone have any idea??
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25-11-2005, 09:03 AM #484
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Hopefully sooner rather than later!! IMO by end of Jan 06 we'll have good news.
Zubaidi:Monetary value of the Iraqi dinar must revert to the previous level, or at least to acceptable levels as it is in the Iraqi neighboring states.
Shabibi:The bank wants as a means to affect the economic and monetary policy by making the dinar a valuable and powerful.
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25-11-2005, 09:10 PM #485
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Originally Posted by garthstar
That depends on your own personal strategies. What makes the dinar so unique is that you can sell for short term gains, mid term and hold for long term, either way, it is a sure bet.
As example, most who invest would like to break even as soon as possible. So for those poeple, once peg is made, sell off a few to cover whatever your intitial investment was. Now hold, as the dinar will be set to float with economy driving it one way or another, and my bet is it will be up up and away given all the recent announcements which were way ahead of expected schedule.
Hang on, should be a great run, and we will probably see results sooner than PIPS, so I will take either on at this point in time. (g) Unlike virtual dollars, there is something very comforting in holding real currency in my hands, rather than on my computer screen. Sure hope Bryan has some money on Iraqi-Investments. If you are reading Bryan, take a position, it sure will make up for lost time on 2% program. (g)
Good luck to all, Mike
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25-11-2005, 10:10 PM #486
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Originally Posted by DLMCFX
Good luck to all, Mike
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25-11-2005, 10:28 PM #487
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Have them sitting in the other room, little beauties. Can't wait to trade them in and see the bank clerks face, lol.
That will be done just after telling the boss to shove his job where the Dinar doesn't shine. ;0)Zubaidi:Monetary value of the Iraqi dinar must revert to the previous level, or at least to acceptable levels as it is in the Iraqi neighboring states.
Shabibi:The bank wants as a means to affect the economic and monetary policy by making the dinar a valuable and powerful.
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26-11-2005, 02:03 AM #488
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I have just picked up on this thread, so please, forgive my ignorance. To whom do you sell the dinar when the time is right? And Mike, does your broker offer cheaper prices than on ebay? If so, how do you get in contact with them?
Thank you,
M
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26-11-2005, 02:39 AM #489
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Originally Posted by readytogo
No problem, we were all ignorant at one time on subject, and since most do not now about it, this is a good place to learn. Right now is the time for investing, and in a couple to six months, Iraq will see their currency value set which is called peg. This may come as early as Jan. 2006, but it could be a few more months before we know where currency will settle in at, higher is more than likely, but no one knows for sure, so as to when to sell, and where, this will become obvious shortly. Major banks will exchange, but for now, only a couple are selling at the moment. Private dealers are must safe place to purchase.
As to prices, yes, in most cases we are lower than eBay, without the risk of eBay. It all depends on what amount you are looking to invest as it is less for more, and less for larger notes, so let me know your plans and I will advise where to purchase. I sell on eBay only because the market demand is allowing higher prices than I purchase at, so if the buyers want to pay more than I pay, why not. (g)
Good luck to all, Mike
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26-11-2005, 07:05 AM #490
There are other orders coming & new´ll definily be in before the electione when there is a risk of rising price after is´s ower!
I also must agree they are realy beutiful & definitly worth the risk compared to most investment programs online!
Low Risk & the posbillity of High Returns is definitly in the Dinar
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