Just got an e-mail from free dinar .com they are stopping all sales of dinar on the 19th of June they must no something is going to happen.:party: :party: :party:
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Just got an e-mail from free dinar .com they are stopping all sales of dinar on the 19th of June they must no something is going to happen.:party: :party: :party:
Maybe, maybe not. Maybe they want to just sell a bunch of surplus quickly. If they knew it would happen, why not stop now?
Then again, fingers crossed!
I am not sure , but I kind of thought it was a good sign. They said that they had enough stock for sales up to the 19th but any sales over 1mil had to be a case by case issue. guess we will see. My fingers crossed also!!!!!:ro_emote:
On top of that, i can recall Mike (OSW) saying that 19th June a reval will take place according to his contacts, i might be wrong though.
But lets hope! :party:
This is all wonderful! I have my fingers and toes crossed!
Lets hope Tiffany doesnt see this, for her own good!!
She must have a strong heart though :party:
Did anyone get in on the conference call last night that Free Dinar had? I got in to late to get in on the call
TrapperT...Mike{OFFSHOREWEALTH} got in on the call....go to the thread about the iraqi Dinars....he posted what was said in there.....GO DINARS...Pat
YYYYAAAAAHHOOOOOOOOOO!!!! Could it be?!?!?! COULD IT?!?!?!?!?Quote:
Originally Posted by Raditz
So excited! Y'all must think that I'm eligable for AARP! (and Yes, I said Y'all! heehee!:toofunny:) Won't YOU be suprised Raddie! :tongue:
Come-on Dinar!:woohoo::woohoo::woohoo::woohoo:
I can't find this thread. Can someone point me in the right direction please????Quote:
Originally Posted by bigopie
This is just a big sales scam being played by freedinar.com
Yeah every sale over 1 mill is a case by case but i bet you they all get accepted.
Load of bs. It could be considered fraudulent.
Dont get hyped up over nothing like all the absolutly moronic cretins over at investorsiraq.com.:fryingpan :wigged:
I got banned over there because i just wasnt playing along with the 1-1 revaluation sales tactics. All the scammers over there ganged up on me because i was making their investment not look like a "get rich quick" scam anymore. Not in the best interests of sales.:flame:
That forum is full of *****s theres no point in even going there as theres noone you can actually have a reasonable debate with. Without it going to petty namecalling and hounding when the argument doesnt go their way.
Children...:nono:
That email is a load of bollocks and if you rush to buy more dinars from that alone your an absolute moron yourself.
Quote:
Originally Posted by Loops
Welcome loops, are you a dinar holder yourself? Do you not believe a reval will happen?
Personally I had a bad time with freedinar and wouldn't touch them with a barge pole. Take anything they say with a pinch of salt. As for IIF, this is one of the most negative forums out there for dinar speculation, you should look at some of the others, lol.
Yeah adster i hold 2 mill myself.
Id rather have a realistic negative forum than a positive complete bullsht forum.
Just a bunch of dreaming *****s there who bash everyone who cares to discredit their dreams.:fryingpan
Reitmans such a moron he cant argue anything so he just bashes and plots to get people banned who own him in a legitimate debate.
The mods there are also corrupt and bias. Its only a positive forum because all the negative people get banned. lol what a waste of time that place is.
This scam email from freedinar is a low blow to dealers everwhere. Then again ive seen countless scams like all the rumour mongers over at IIF saying reval in 2 days reval in 2 days get your dinar now. Its just a sales scam.
I have strong suspicions that that board is entirely devoted to scamming newbies with overly positive statements and deluding them from the truth of the investment.
They insist that there will be a revaluation of 1-1 etc even though several people\official factual data and even a warka bank CEO have said that if such were to happen it would bankrupt the iraqi economy.
They just dont listen because they are all dealers in disguise. Dont listen to anyone on any forum ever!
Read the factual posts and make your own mind.
Dont listen to any moron called rietman or panhead or joel57 etc they cant see their own way through a simple debate let alone actually make a credible analysis of an investment.
I bet you they pop up here now too to start their bs "hes only 20" etc. Thats just pathetic.
Cant disprove anything i say so they say oh dont listen to him hes only 20 he clearly doesnt know anything hes only saying it to make our investment look bad. Even though every point ive stated over there still stands they distract the newbies from them with their bullsheet.
I dont think it is a bad investment im just waging war on the dealers who use underhanded techniques e.g. FORUM SPAMMING WITH ALTERNATE PROFILES. for their own means.
I reckon we could fairly easily see 0.10-1 in about 15 years or so. Providing the oil revenues increase a bit and security is controlled a bit better.
Unfortunaltey thats not good enough for the 1-1 rumour mongers who play on peoples greed for a get rich quick scam that will never ever happen.
If you want to see an example of a corrupt and bias moderator then click this link.
http://www.investorsiraq.com/rumors-...on-return.html
Scroll down about half way until you read this:
[I]Originally Posted by AirForceCop
Since we are adding:
4. Put dinar_skeptic on ignore! DONE...
Unfortunately, I can't
But I would if I could
Quote:
Originally Posted by iamrealdreamer
Yea, he should have said "Only positive posts" in this poll, maybe then you would get it, (probably not though)
You're right on!
Some people are really so worried that the dinar won't appreciate if too many find this opportunity.
They won't admit, but it's why they are here.
__________________
Champagne wishes and caviar dreams!
Does that sound like a fair and even handed moderator to you?
NOOOO.
absolute bull. Really...
I agree with the forum, no fan of it at all, I prefer www.aboutdinar.com. Have a look.
As for reval, I've studied, researched, read and feel in my opinion that a reval is round the corner, especially if we get the investment law passed. Iraq can't go on 15 years like they are. They need foreign money asap, Bush, the finance minister and even Maliki have said as much. As for the CBI guy saying it would bankrupt them, yes, well he would say that.
We're all entitled to our opinion, mine is made up from research, and I feel honestly a peg of .40 will be achieved very soon. I'm not a dealer, people have to make up their own minds. I don't listen to rumours or believe them, in fact I find them funny, lol.
We'll see. Too many good things happening for something not to give soon. I respect your opinion and certainly don't want to start off an argument.
My two dinars worth.
Adster.
:rant: Sportslux sounds like a little kid there himself.
"I would if i could but i cant". ?!?!?!?!?!?:rofl:
Do you see adster how he denies even the possibility of it going down?
Does that sound like a rational investor let alone a decent moderator to you?
He uses that bullsheet excuse that we think that if theres too many speculators then it wont appreciate so we try and stop people from buying?
WHAT A DUMBASS. If theres no demand then theres no appreciation!
Thats the most basic of basic laws of economics. SUPPLY AND DEMAND
Seeing as how the dinar is supposedly a convertable currency on a free market policy how is there ever going to be an appreciation if no one wants it because weve destroyed its credibility as an investment?
The reason its not appreciating is because the central bank of iraq does not have the currency reserves to support any significant revaluation.
Seriously i could go on all day about the dumbasses over at IIF. Theres only 3 members ive met on there who actually have a shred of credibility over there. Usakidd, Jerry, Icarus.
The rest just consistantly post irrelevant bullshit.
IIF is a forum for complete newbies who want to be cohersed into buying dinars. Very little serious debate there.
:rant:
I respect your decency adster however i must disagree with you on your .40 ambitions.
Im afraid the maths just doesnt add up with only 20 odd billion dollars in reserve.
Yes iraq needs foreign investment but to do that they need to show that they are a stable country.
That wont happen if their economy crashes due to a huge reval before theyre ready.
I was thinking yes a reval could be coming up soon but i was thinking in the region of 1200 to one or 1000 to one.
It wont be much higher than that im afraid with current reserves in place.
Also with 14 trillion dinars in circulation with a 0.40 reval wouldnt that mean that iraq has just under 7 trillion dollars in cash? Thats quite a hefty amount of money to poof out of nowhere. Wouldnt that upset the way world markets work a bit?
Iraq suddenly jump to one of the richest countries in the world just like that?
Ive never seen that happen before im afraid.
Respecfully yours,
Loops.
I'm also wondering on that potential for once those "oil shales" have been processed...in the USA, on home grounds...that would offset the demand and sales supply altogether and vendors for continuous hardware to support processing and supply routes will look into the larger market that the USA in over 3-5 years time will be offering... the oil market is there too...in the USA!Quote:
Originally Posted by Loops
:cheer: I'm wondering VERY much on this and seriously too. Don't stash ALL your money on dinasaurus eggs in only one large basket... is my outlook.:wacko:
YB.:beer:
Quote:
Originally Posted by Loops
Well for one, noone truly knows what they have in foreign reserves......secondly, the dinar reval can be backed by oil reserves which has been mentioned. And thirdly, if it revals at .40, whoever offloads will be replaced by bigger companies and banks buying them up. So what is offloaded will be bought up in anticipation of it going higher.
Iraq is a unique situation, no economist knows or can predict what will truly happen over there. Yes this is a speculative event, no doubt about it, but it can only go 1 way IMO. If it doesn't will it go much lower?! Hardly, plus we always have e-bay to offload!
Not got the link but a CBI insider, no bs, this was an official thread/post said, and I quote, 'the dinar will rise significantly in 2006'. And with the announcement today of more subsidies and the raising of prices how long can the people go on like they are? They can't.
Something will give very soon. Sorry, we'll have to agree to disagree and let time tell us the answer Loops.
The U.S. would be an oil market except for the enviromentalist lobby and its friends in the U.S. House and U.S. Senate. We can't poke a stick in the ground without it being a major act of Congress. As long as the House and Senate are so close to 50/50 that neither party can get a 2/3's majority, you won't see ANY new oil drilling in the U.S. Now if the rest of the world's reserves get even tighter, maybe the people of this country will wise up and put legitimate pressure on "our" legislators at the polls to get some things changed. Until that happens, there's no need to plan on investing in U.S. oil exploration/drilling...
Everwiser
Hi Loops!
I too have been to that other forum on a couple of occasions, then never went back because it was too crazy and disrespectfull for my taste. I really enjoyed your opinions here and hope you feel welcome to express them. I am no Moderator however, I would respectfully ask a favor from you- one of the great features of this forum has been that it is pretty "clean". We have LOTS of dramatic Posters that are wildly expressive, which makes it fun for all of us. But you'll perhaps notice there is little "trash mouth" :mad: on here. I for one would love to have it continue that way. Not to be taken offensivly, please! :bow: I like opposing views when presented with data to back it up. Of course for the past few months I have sided with OSW Mike and Adam Adster :party: as well as FreeDinar's :blush: Dr. Qaddourri. But who knows- maybe you could change my mind? :biggrin:
Blessings On YOU! AL :party: :banana:
I agree adster we agree to disagree.
I dont believe there has been any country that has backed their currency with a commodity before.
That is a very dangerous move to pull.
For instance if yogi was right and the shales did manage to get through congress etc then the price of oil would drop significantly devestating the iraqi economy.
How can you claim to have a stable currency and then back it with an unstable commodity?
Im also preeeetty sure iraq does not have the 7 or so trillion dollars required to back 14 trillion dinars at 0.40.
Yes i knew about the "significant rise in 2006" but how significant is significant?
For a currency trader it could well be 1000-1.
Bearing in mind that the dollar vs euro changes in a very small range.
What will happen with rising prices and less subsidies is wages will increase to compensate for the increased costs.
That wont be good for inflation however.
If it goes lower i expect them to zero lop and reprint the currency.
Thats also a mighty big if there adster. Once it is at 0.40 i wouldnt be so sure the banks would buy it up as there would be an initial huge huge huge sell off of almost everyones dinars (you know both of us would) which would cause a drop in price(we will pretend they have the reserves to do this in the first place).
Because everyone is selling the exchange rate will go down. The banks surely know this and would not buy in untill it had dropped. If I can work this out them im sure the financially trained hedgefund managers can too.
Why would they buy into a falling market?
Based on this new analysis do you still have reason to believe that it could occur?
Respectfully yours,
Loops.
Hey You Guys!
Why not "take" this over to the "Latest on the Iraqi Dinar" thread? I wonder if a lot of people will miss it over here. Not much of this is related to FreeDinar cutting off sales on Monday anyway. Lets get this out into the open more- just keep it clean- What do you say??? :ro_emote:
Blessings On YOU! AL
ok.
I shall post it up there.
I apologise for my use of language however i feel it is justified against that particular forum. Its a waste of bandwidth.
Oh and i wouldnt order any dinars from there not only are their prices bad but they dont send a reciept with any sales.
Sounds dodgy to me.
Hi Everyone
Any info as to whether or not Free Dinar stopped selling their Dinars???????
Went to the website , but did'nt see any notice.
Cheers , Kevin
Hehe... I hope I don't make heads turn and pockets churned upset down or inside out with some info I have gathered... needs some compilation and I'll post it here for ALL to digest and prepare whats coming OUR way...i.e. if you plan to "reconsider"....seriously! :woohoo:Quote:
Originally Posted by everwiser
Hang on... this will be most interesting...btw, info is gained from my wife... as she's in the OIL sector herself...and with one of the OPEC suppliers, from MID East naturally.
I was skeptic myself but heyyy, she knows her sources, she's working from within...and has nothing to do whether she supports or not, its just basic facts that is circulating among Staff and industry...so, no BIG deal for them...but what is.... thats what you will soon find out...!!!:biggrin:
..."The United States could become The New Middle East"... U.S. Energy Dept Survey.
YB.:beer:
About 6 years ago while doing promotional work for several companies in Bakersfield , California , I ran across a few individuals from this Oil Community who worked in Alaska back when they first started drilling and building the pipeline. We were discussing Oil Reserves up in Alaska. They told me and I had heard this same thing before from someone else who worked in Alaska , that the enviorenmentalists talk of stopping anymore drilling was a joke. They told me that they drilled way more wells then they needed to back then and simply capped them.:eek:
So any new drilling was not necessary as the wells are already there simply to have the pumping equipment installed and oil sent thru the already existing pipeline. They said there were tons of Oil up there and that was why they over drilled , because of future needs and enviorenmental issues towards future drilling. Wonder how they knew?????
So this would make sense big Yogi.
Cheers , Kevin:ro_emote:
Quote:
Originally Posted by bluepacific
Hi Kevin,
Are you looking to purchase dinar? The place I used is taking orders. If you have any concerns or specifics you need to know before placeing an order they answer all email promptly. Very nice people and very accomadating to deal with and very reasonable rates. I was able to purchase just a very small amount and they took my transaction through email.
I placed link in my signature for website and also the email address.
I hope this is helpful.
Kozmar
Hi Koz
No I'm not interested in any ,ore. I was only curious since they announced maybe cutting off sales from the 19th on.
Cheers, Kevin:ro_emote:
Two words come to mind...Fiat Currency. Also, Bush is currently calling for all the countries that promised aid to Iraq as far back as 2003 to "get out their checkbooks" and pay up. I know it isnt much owed, less than 1 trillion, but...
Here's the first of many follow ups... now, why I post it here, is simply, to show what is OUT THERE and diverse your minds and look positively with an open mind.
This is not to confront or go head on with what is discussed surrounding the potentials of the Dinars that may or may not be dependent on their oil resource however, even with that set aside as another option for serious debate, the following is going to be a series of revelations, I have acquired, (noooo, it's NOT Classified either) but, it's a pretty interesting load of info and data collected which I think it's good to share....gradually, with you all. :ro_emote:
Also, I am firmly in the belief that the Iraqi oil will pose an equilibrium to the surrounding markets from that region to stabilise prices and prove stability is and can be, an offset to threats from Iran...think about long term strategy that has more politics involved than meets the average Joe in the eye who only worries about the price hike at the next pull up by the gasoline kiosk...he couldn't care less what happens abroad far, far away since 9/11 has spoken out... and Homeland Security doing all it can...so WHAT, it's all pretty safe in the USA.:party:
More to come...so talk about it in the meantime... let's see how far some of you can project the future outlook from here on...:biggrin:Quote:
The U.S. Govt’s
Secret Colorado
Oil Discovery
Hidden 1,000 feet beneath the surface of the Rocky Mountains lies the largest untapped oil reserve in the world — more than 2 TRILLION barrels. On August 8, 2005 President Bush mandated its extraction. Three companies have been chosen to lead the way. Test drilling has already begun…
http://www.stansberryonline.com/oil/...0405-OIL-1.gif
YB.
Yogi, may I suggest that you place this info and additional info you are going to post in a separate thread of its own?
I think that would be a good idea, since it is information that isn't just about when the dinars are going to reval.
So far, what's you've posted is very interesting, and I look forward to more.
Caroline
Yogi, Sometimes you drive me absolutely BONKERS! lol! Such a tease...have to tell us gradually....:tongue:Quote:
Originally Posted by YogiBrood
I agree with Caroline...stick this out in the open for all to see! :cheers:
Hehee...yes I like teasing but with humor and without ill intentions...just to break the ice occassionally that needs to come in place here.Quote:
Originally Posted by tiffany
Yes, I shall then, by (pop)ular demand or requests???:biggrin:
Lastly, that remark and comment I take as a compliment ...I mean it and want most of you, should you ACTUALLY know me, then you will realise, why some in our Forum and those that migrated elsewhere, always had a problem with my quips and tongue-in cheek comments... they have NO LIFE with humor and I just can't help entertain them...you can't when a person is actually a bore and lonesome without laughs within... I have and I also enjoy a low blood pressure and luv the company of women that are open-minded and not sounding "sexists" like some who hates me posting... May Valentino bless them on every February 14th...:flame: :leader: :biggrin:
:cheer: Coming up... the new shales surrprise thread....:beer:
Awww Yogi! The only thing that you MUST remember is that there are people from all countries all over the WORLD in here! There are some that feel as though certain comments are inappropriate...but what is inappropriate to them, is completely acceptable to others, you know? I have acquaintances that are "3-piece-suit-stiff" and others that are "flamboyant-ly-drag" (queen-if-you-know-what-I-mean:wink:) Also with a hubby in law enforcement and his friends...sometimes can't get much stiffer than that...but with a few brews in their system let's the 'good-time-demons' out! (Which I look forward to tomorrow night as there is a "gathering" of the boys and their wives that is sure to be a HOOT!:drinkbudd
Yogi-m'dear...let the negative roll off like the rain and the positive stick like maple syrup! (Lordy...you've got me posting in riddles! :tongue: )
C'mon now! Out with your oil info! :ro_emote:
Quote:
Originally Posted by YogiBrood
:cheer: Here ya are ladies & gents...and while you are preparing your holiday bags and don't forget the spades either... must warn ya about ya mascara and nail shines for the muscling spinsters we have here...it can get messy with shales...they stick...real oochy-ouchy gluey too...:rofl:
Go check it out...:
http://www.rolclub.com/showthread.php?t=8379
To all Dinar Investors,
I will try and address to the best of my ability as many of your questions and also the concerns voiced here in earlier posts.
About 90 days ago we had problems getting 25k notes (which is the majority of our inventory). There were two private investor groups, one from Kuwait and the other from Saudi Arabia that were buying all the 25k notes they could find. We were told they were connected with some government officials in those countries, but couldn’t independently confirm this. We do know they bought a lot of Dinar. Even though this put a strain on our stock we felt confident that we were going to be able to get Dinar at a reasonable price, and at that time the Iraqi Government was still in turmoil. We didn’t believe that any revaluation would happen until the government was fully seated.
During the early part of the week of June 5th we were informed by our Iraqi partner (many of you know that we have offices in Iraq and Jordan) that Dinar was getting harder to come by and it was driving the local (street) price of the Dinar up. He advised us that buyers from Asia were buying up every bit of Dinar they could find. After some investigating he told us he believed that they were directly connected to several governments in the East.
Just so you understand our Iraqi partner (whom many of you probably know) is just that, he is a full partner in our businesses here and over there. So this information was not simply from our “source” who was trying to drive up prices or gouge. This was information given to us by our partner so that together we could make an educated decision on our next business move. We didn’t want to get into the position of selling all of our stock just before it opens on the market, or before there was an internal raise and now we are stuck with most of our inventory sold and now we have to buy at the higher rate. Believe me when I tell you that I have had nightmares concerning us selling all of our stock just before it opens!
Armed with this information, in addition to the new developments of the Government being seated, al-Zarqawi’s death, the meetings going on between the CBI and the IMF not to mention the classes being held for Iraqi bankers on international banking, along with interest rates for Dinar deposits in Iraq going up, we felt (and still do) that there was going to be an increase in the exchange rate (there were many other considerations, but these were the BIG ones). We were not (and still are not) sure if there was going to be a local increase, or go right to a float and “peg” if you will. So for the first time in our company’s history, we decided to officially suspend sales. The date set was based on our Dinar shipments that we knew were already secure, and how long they could hold out before we began to dip into our “reserve” stock that we set aside for our company.
We sent out the first email (which Olive Oil posted) on Friday, June 09, 2006 at 5:08 PM. On June Monday, June 19th at 12:09 AM we sent out another email stating that we have suspended sales, but that members could still place orders, however no shipping would take place until the suspension was lifted.
Today we are still not in the position to lift the suspension, but are working on securing a large shipment that should allow us to resume business.
We began this company with Dinar sales, but now that we have offices in the Middle East we have other projects that we are working on that make the company profitable. We don’t need Dinar sales to stay afloat. So decisions are heavily base on protecting company assets and not Dinar sales.
Now let me address “Future Millionaire” comments regarding governments buying Dinar. He is probably right in that only small countries are buying now. I was not in the business in the very beginning, so I do not know how the larger countries bought Dinar then, but no one buys from the CBI except other Iraqi banks. Dr. Al-Shibibi (the governor of CBI) runs a tight ship and the books are public. I also know that Dinar transportation across the border of Iraq is now against Iraqi law unless you have a special license that is issued by the government. So the smaller countries that didn’t get Dinar in the beginning are only going to get Dinar now by going to banks in the countries bordering Iraq and buying from them.
And yes, there are banks over there that are not in Iraq that have Dinar in their vaults. One bank in particular has over 2 billion Dinar, and we have seen this with our own eyes. This bank I am speaking of is not in the exchange business, and is holding Dinar only for investment purposes.
In regards to several earlier posts about people who bought Dinar from us after the suspension announcement should get refunds, we have no problem with that. We have given full refunds when someone has overbought and gotten themselves in a tight situation, and we have offered (if not pleaded) to buy back peoples Dinar who bought from us and then want to play “devils advocate” and debate us on why it’s not such a great opportunity (our offer usually shuts them up right away). We are an honest company and just want to see people become successful and have financial freedom, and we believe the Dinar can do that.
Sorry for being so long winded. I will try and keep any future posts to a minimum.
Thank you
Quote:
Originally Posted by pipshurricane
Hey pipshurricane
thanks for that information! VERY interesting......:ro_emote:
Yes i saw that post from a dealer who works with freedinar.com over on IIF (investors iraqs fraudulators).
It shows you how much these dealers keep an eye on these types of forums.
Its funny that when the tide turns against a particular company a representative turns up and creates another story to get them out of hot water.
Just like that. Within 3 days.
Probably because it was one of their representatives that posted the bad information in the first place.
Its a shame that such dirty business tactics are allowed to go on.
Never ever use freedinar.com on the basis that their prices are not close enough to the actual exchange rate in the first place let alone their business ethics.
If they are charging 1000 per million then youve already lost money when you bought it.
Rip off.
I also wouldnt use the guy from IIF because he doesnt send reciepts with your purchase and also he gives you a fake name.
His real name is George something or other but he puts it down as AMER KAWAR.
Would a legit person need to do that?
Interesting,
Many dealers are in a pinch as supplies dwindle as more countries invest heavily, so this is nothing new, free enterprise, supply and demand, so what else is new? Creating false demand is one thing, but everyone in the exchange business is forced to sit on the fence, whether to hold, sell, hold, sell, and for good reason, no one knows for sure what will happen and when it will happen, a first, so of course we will see prices rise on this alone, never mind official revalue. Sure has been an interesting last few years.
Good luck to all, Mike