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Thread: Jordanian Dinar

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    Default Jordanian Dinar

    Join Date: Feb 2006
    Location: Indianapolis
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    Sooo sorry I lifted this from another site. If this is true, then it provides evidence that a ME Currency can/will RV in significant amounts. It seems (needs to be confirmed) that it moved .06 cents. Again, if true, a good sign for us. Thank You.

    Jordan Dinar
    ------------------------------------------------------------------------
    My dealer has teleconferences every week and yesterday he said he was flooded with calls all day yesterday from people saying the dinar r/v'd. He said he called the bank and they said that the dinar did r/v but not the iraqi. They told him the iraqi dinar was suppose to r/v but didnt because of "government issues." The bank told him that the Jordan Dinar r/v'd at 76 cents. The bank ALSO told him that the World Bank did say that iraqi dinar would r/v soon at (and I quote) "a good rate."

    Dont know if its just dealer hype but I thought I might share. Despite what I hear Im not buying anymore until August, unless of course it r/v's

    In the words of another forum member...just my 2 dinars worth!!!

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    Senior Investor rvalreadydang's Avatar
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    Yes i saw that too! I hope there is some truth to it!!
    it can be said for all investors from the Arabs and foreigners, you enter now for it will be a golden opportunity for you.

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    Default Jordan Dinar

    I checked both XE.COM and the "Currency Converter" and both those sites list the J Dinar @ .7090 to one US Dollar. If the rate has changed it isn't showing on the major currency sites.

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    is the jordanian dinar cheap? i mean is it near what the iraqi dinar is at, can we buy it cheap? is there a potential for a big reval?

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    Senior Investor cooldolphins's Avatar
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    Quote Originally Posted by deepfreeze View Post
    is the jordanian dinar cheap? i mean is it near what the iraqi dinar is at, can we buy it cheap? is there a potential for a big reval?
    Depends on what you consider cheap!!!
    1 Jordanian dinar = $1.41 USD. Therefore, if you want a million JD, it will cost you
    $1,411,333.0841
    Habakkuk 2:2-3 Then the LORD answered me and said: Write the vision And make it plain on tablets,
    That he may run who reads it. 3 For the vision is yet for an appointed time; But at the end it will speak, and it will not lie. Though it tarries, wait for it; Because it will surely come, It will not tarry.

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    Senior Investor cooldolphins's Avatar
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    Habakkuk 2:2-3 Then the LORD answered me and said: Write the vision And make it plain on tablets,
    That he may run who reads it. 3 For the vision is yet for an appointed time; But at the end it will speak, and it will not lie. Though it tarries, wait for it; Because it will surely come, It will not tarry.

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    Quote Originally Posted by deepfreeze View Post
    is the jordanian dinar cheap? i mean is it near what the iraqi dinar is at, can we buy it cheap? is there a potential for a big reval?
    I wouldn't call .7090 to $1 USD cheap.

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    Senior Investor cooldolphins's Avatar
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    Habakkuk 2:2-3 Then the LORD answered me and said: Write the vision And make it plain on tablets,
    That he may run who reads it. 3 For the vision is yet for an appointed time; But at the end it will speak, and it will not lie. Though it tarries, wait for it; Because it will surely come, It will not tarry.

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    Quote Originally Posted by cooldolphins View Post

    And the interesting thing about Jordan is that they are a relatively poor country with scant natural resources..I remember looking it up a few months ago and I believe their #1 export was nitrates/phosphorus which is used to make fertilizer. For me this was and still is a compelling reason to believe that the Iraqi Dinar is extremely undervalued at this time and can only skyrocket.
    " May the fleas of a thousand camels infest the armpits of any infidels who stand in the way of the $1.48 reval of our blessed Dinar."--Some Iraqi guy

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    Senior Investor cooldolphins's Avatar
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    Quote Originally Posted by whatever View Post
    And the interesting thing about Jordan is that they are a relatively poor country with scant natural resources..I remember looking it up a few months ago and I believe their #1 export was nitrates/phosphorus which is used to make fertilizer. For me this was and still is a compelling reason to believe that the Iraqi Dinar is extremely undervalued at this time and can only skyrocket.

    Habakkuk 2:2-3 Then the LORD answered me and said: Write the vision And make it plain on tablets,
    That he may run who reads it. 3 For the vision is yet for an appointed time; But at the end it will speak, and it will not lie. Though it tarries, wait for it; Because it will surely come, It will not tarry.

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