Thread: Question/ Challenge to the naysayers

Originally Posted by dinartank

ok duck there is no proof of small denoms printed...just cause some guy says so as a rumor ... wait ok then there was a acticle that yes did have head people there that said 14 denoms were printed in an article back in i believe 2004 . But is it possible that the article was a mis print as of now there is no proof of small dinars to be released its just speculation.

The more i think about things Im starting to believe there will be no HUGE overnight RV. It would'nt make sense to do so. I would be estatic as everyone else but its not thinking logical and yes ive read all the articles and been reading them for years. For iraq to have a big surge of foriegn investment they wont just RV at 1:1 or more to the american dollar. Reason I think in my opinion is that Ok say I am a big investor I just saw that the currency of a nation that is in turmoil granted they are making small progress as the days go on, all of the sudden the currency increases hundreds of thousands of percent I would think I would hold off and see what happens for a lil bit as an investor that hasnt invested in the dinar would be kicking themselves for not investing then saying to themselves i missed the boat. Now with a low rv at say 10cents to 30 cents may fuel the market for investing even though that is thousands of a percent increase. Dollar to dinar just seems like to much of a fantasy. The only direct foriegn investment they will see if it did open at 1:1 would be the people holding dinar to reinvest it back into country. Do I make anysense to anyone....I guess its just all speculation. I guess we all will know soon within the next few months. Tank

i never said there was proof of small denom it would be fruitless to say otherwise what your now saying that all articles saying returning dinar back to dollar rate is wrong and that the article of small denoms is wrong do you have facts or are you just guessing??

Originally Posted by duck2000

i never said there was proof of small denom it would be fruitless to say otherwise what your now saying that all articles saying returning dinar back to dollar rate is wrong and that the article of small denoms is wrong do you have facts or are you just guessing??

I notice the same in your postings, you never said proof. Some are growing very impatient. To us normal folks. it looks like the RV should of done happened by all the articles. But actually for a Iraqi, since Nov 1st their currency has increased in value by over 13%. It is not the best to us, but for them, hey, 13% is better than it was in thier mind at this point and time, possibly?

Patience is a virtue. I am waiting and will be smiling when it all happens!

Originally Posted by danny51

I think that I am glad that I am not desperate for money and have not invested more than I can afford to lose on the dinars (not insinuating that you are, just sayin'). I believe that when the r/v comes it will be more in the range of .05 to .10 and will not make a bunch of people into millionaires over night. I also would not be surprised if we are still in limbo waiting for some huge r/v 6 months from now, LOL. I firmly believe that we will make a good return on our investment but I am not kidding myself about becoming stinking rich in a heartbeat. I read the rumors and predictions for fun and give them no credit whatsoever as being accurate in any way...just fun and entertainment. Of course I hope that the r/v comes soon for the sake of the Iraqi people mainly and then those who are strapped for cash. I don't really care for myself as I have already stashed those stinky notes away with other stuff that I never look at anymore.

Danny, I'm just wondering why you bought into this investment? If anyone who is invested is expecting 50 - 100% return, you're in the wrong investment. You can make those kind of returns in the stock market over the next several years.

I consider this investment akin to venture capital. Venture capitalists invest in long-shots for the BIG payday. They know the risk is there, but they also know if it hits, it hits big. Just doesn't make sense otherwise. Anyway, this JMHO.

Originally Posted by duck2000

i never said there was proof of small denom it would be fruitless to say otherwise what your now saying that all articles saying returning dinar back to dollar rate is wrong and that the article of small denoms is wrong do you have facts or are you just guessing??

Yes you said in CAPS "SMALL DENOMINATIONS PRINTED not in place"
To me it seems like your saying its a fact. Putting it in all caps like you know.
Yes there are articles of it saying they wish to return to previous levels and wish to be on par with surrounding countries. But with that whose to say they wont do things in chunks 10 cent then 25 cents then 1.00. Its all specultion we shall see. Alls Im saying is yes there are some positive articles about them making the dinar stong and returning to normal, but whose to say it will be overnight. In my opinion it would be a shock to the economy. But a big increase at first say 10 cents to the dollar and then a few jumps down the road we will see it be at par with the surrounding countries. The question will be will you have the guts to hold out and how desperate for cash are you. Just my opinion Tank

Originally Posted by jpadrino

Danny, I'm just wondering why you bought into this investment? If anyone who is invested is expecting 50 - 100% return, you're in the wrong investment. You can make those kind of returns in the stock market over the next several years.

I consider this investment akin to venture capital. Venture capitalists invest in long-shots for the BIG payday. They know the risk is there, but they also know if it hits, it hits big. Just doesn't make sense otherwise. Anyway, this JMHO.

hey there jp saprano what your opinion at what do you think the dinar will rv or open at?

Originally Posted by jpadrino

Danny, I'm just wondering why you bought into this investment? If anyone who is invested is expecting 50 - 100% return, you're in the wrong investment. You can make those kind of returns in the stock market over the next several years.

I consider this investment akin to venture capital. Venture capitalists invest in long-shots for the BIG payday. They know the risk is there, but they also know if it hits, it hits big. Just doesn't make sense otherwise. Anyway, this JMHO.

sounds good to me!

Originally Posted by jpadrino

Danny, I'm just wondering why you bought into this investment? If anyone who is invested is expecting 50 - 100% return, you're in the wrong investment. You can make those kind of returns in the stock market over the next several years.

I consider this investment akin to venture capital. Venture capitalists invest in long-shots for the BIG payday. They know the risk is there, but they also know if it hits, it hits big. Just doesn't make sense otherwise. Anyway, this JMHO.

This is what I have been screaming all a long!! Lets just get REAL and watch and keep a breast of this investment! NO BULL SH$T Theory/ Rumor Crap!

Originally Posted by dinartank

Yes you said in CAPS "SMALL DENOMINATIONS PRINTED not in place"
To me it seems like your saying its a fact. Putting it in all caps like you know.
Yes there are articles of it saying they wish to return to previous levels and wish to be on par with surrounding countries. But with that whose to say they wont do things in chunks 10 cent then 25 cents then 1.00. Its all specultion we shall see. Alls Im saying is yes there are some positive articles about them making the dinar stong and returning to normal, but whose to say it will be overnight. In my opinion it would be a shock to the economy. But a big increase at first say 10 cents to the dollar and then a few jumps down the road we will see it be at par with the surrounding countries. The question will be will you have the guts to hold out and how desperate for cash are you. Just my opinion Tank

whose not say they reval at .10Cents and then gives us 90 days to cash in our dinars!

Justa thought! I am certainly wanting a 1:1 rv but who knows???

Originally Posted by dinartank

hey there jp saprano what your opinion at what do you think the dinar will rv or open at?

dt, i'm not a betting man, but if you look at the other oil rich countries in the area, i would say somewhere between .26 and 1.30. if they cbi is actually removing dinar from circulation, then closer to 1.30. if not, then closer to .26.