Could someone explain to me.....?

Hi, I have been here a few times, but then I gave up and quit thinking about my Iraqi dinar.

Would someone please explain to me what has to happen before the RV of the dinar and, although I know we can't really know when it's going to happen, IS IT REALLY GOING TO HAPPEN? :help:

I have only invested in 300,000 dinar, 100,000 each for my husband and me, my elderly mom, and my daughter and son-in-law. When I invested I was under the impression (wrong information from the person who told me about all this) that this was going to happen very soon. It's been 6 months since I've been holding these dinar. Could it happen very soon? I just heard that Iraq is letting go of their oil now. Is that what needs to happen for the money to loosen up. My dinar has now gone from a high of $84/100,000 to $81/100,000.

I guess just need it spelled out real simply some information that I can really hold on to.

Thank you so much! :bow:

all i can tell u is that i have been invested for right at 2 years....they had a few people on here who either were dealers or talked like they were in the ""KNOW"" and that it would revel very soon....all ""HYPE"" to get people to buy from them....some were even predicting,OVER AND OVER again that it would revel the next day...or the next week...or etc.,etc.....when those days came and went they used every excuse in the book for why the revel hadn't happened as they had ""PREDICTED""....thanks to management most, if not all of those people are banned from here...hang on to your dinars....hopefully ,soon,we will all be able to cash in...we just don't know exactly when....because these Iraqi Government people are lazy....corrupt...and just plain don't know what they are doing...IMHO...Pat

Rhonesci, You sound like many folks on the forums today. They were all told Short term investment, make you rich over night. In truth, that just isn't going to happen. Hang on to your IQD, they Will be worth something in the future. The HCL has to pass and they need security and oil flowing before you see any real growth. It is coming, maybe tomorrow, maybe next year.. Keep the faith. Now I gotta find my coffee cup, it is here I think....

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Originally Posted by rhonesci

Hi, I have been here a few times, but then I gave up and quit thinking about my Iraqi dinar.

Would someone please explain to me what has to happen before the RV of the dinar and, although I know we can't really know when it's going to happen, IS IT REALLY GOING TO HAPPEN? :help:

I have only invested in 300,000 dinar, 100,000 each for my husband and me, my elderly mom, and my daughter and son-in-law. When I invested I was under the impression (wrong information from the person who told me about all this) that this was going to happen very soon. It's been 6 months since I've been holding these dinar. Could it happen very soon? I just heard that Iraq is letting go of their oil now. Is that what needs to happen for the money to loosen up. My dinar has now gone from a high of $84/100,000 to $81/100,000.

I guess just need it spelled out real simply some information that I can really hold on to.

Thank you so much! :bow:

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Many of us have word that it is going to happen within a month. There will be a bridging period of the dinar. It is the time that Iraq re-establishes their currency and will be before the Iraqi elections in November. There will be a short period of time 7-10 days for us to cash out before the dinar drops its value. Keep your eyes and ears open for the next few weeks.

where did u hear this at i have been out for about 5 months so i am just trying to catch up so can u let me know what thread this came from thanks

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Originally Posted by guardian

Many of us have word that it is going to happen within a month. There will be a bridging period of the dinar. It is the time that Iraq re-establishes their currency and will be before the Iraqi elections in November. There will be a short period of time 7-10 days for us to cash out before the dinar drops its value. Keep your eyes and ears open for the next few weeks.

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Are you in iraq? Or where did you here this one? At what rate? Thanks for the info.

Thanks to all who wrote back! Wouldn't it be wonderful if it happened before Christmas!!? Guardian - I hope and pray you are right! I've never invested in anything before and this time it just seemed right. I have no idea why! It just did. Okay, onward....

Rho

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Originally Posted by guardian

Many of us have word that it is going to happen within a month. There will be a bridging period of the dinar. It is the time that Iraq re-establishes their currency and will be before the Iraqi elections in November. There will be a short period of time 7-10 days for us to cash out before the dinar drops its value. Keep your eyes and ears open for the next few weeks.

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Are you saying that the dinar will go up in value and then go down in 7-10 days?

There is some who speculate that the dinar will RV really high. Then will settle down to a more logical rate of exchange. Personally, I am of a like mind with 67 warrior. I want it to happen, and am patiently waiting for it to happen. But think it is a ways off yet. JMHO

Ice:tongue:

iCE,LlKE YOUR COMMENTS. TOO MANY FOLKS WERE DRAWN IN WITH THE PUMP AND DUMP DEAL. I DO BELIEVE THIS INVESTMENT CAN TURN OUT TO BE VERY SPECIAL. JUST MAY BE 6 MONTHS OR A YEAR DOWN THE ROAD. SECURITY IS BETTER, jAPAN WANTS REFINERIES BUILT NOW, (BIG LOAN), STILL A LOT OF GOOD OLD BOY CORRUPTION HOWEVER, IN IRAQI GOVERNMENT. GOT TO GET THE HCL PASSED (jmo) BEFORE WE SEE ANY SUBSTANTIAL GROWTH. NO DREAMS HERE, JUST FACTS AS I SEE THEM. IT IS NOT ALL GOOD, BUT IT IS A GOOD LONG TERM INVESTMENT. I HAVE BEEN IN THIS COASTER SEAT A LONG TIME AND WILL BE HERE WHEN IT HAPPENS AND BUY THE FIRST ROUND MY FRIEND.:cheer:

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Originally Posted by guardian

Many of us have word that it is going to happen within a month. There will be a bridging period of the dinar. It is the time that Iraq re-establishes their currency and will be before the Iraqi elections in November. There will be a short period of time 7-10 days for us to cash out before the dinar drops its value. Keep your eyes and ears open for the next few weeks.

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Yes, this is the theory propagated my Larry Nichols.

i need to c a web site that helps support this little note; it just makes no sense to me why would they do that. what would they have to gain by having everyone dump there dinar in a short term rv. please explain!!!

Iraq elections may take anywhere from 2 to six months according to this article
Iraq election body awaits parliament decision | Reuters

there will not be a rv anytime soon. there is no factual basis to support a rv at this time. there is no factual basis to support larry nichols beliefs.

i think i will pack it in and forget about the rv as it probably will never happen

The RV has been happening for quite some time now.

It will continue on for quite some more time.

Slow and steady.

Was 1471 one year ago today...

Now is 1232.

Maybe next October will be under 1000.

October '09 under 600

October 2010 under 200 or 300

1:1 sometime in 2011

Or maybe next month....

Only few people really know. Everything else is just fresh horse sh*t dumped on top of a very large dried up pile of accumulated horse sh*t. About two years worth....

That's true, if there is anyone who can forsee those rates it would be a extremly rich man:smile:
You can only try to understand the pschycological aspect of the market...

Mad Scot, very well said indeed. We have seen the pumpers and dumpers leave as most folks finnally realized that we were not (IMO) going to see over nite riches. I for one never thought that would happen, but hope springs eternal. I have been preaching slo gro for a very long time. The Iraqi parliment likes it, think that it is working, why would they change at this point. Sorry we have lost so many good news hounds here. Still like to visit from time to time. Great day all.

I've been in this hoping mode for (3) years now and every date that has been set has come and gone just like this one will. It will reval when it revals, you can't plan on it you just have to keep the faith and maybe one day you will be able to pull the IQD off the bathroom walls and go to the bank.

When that very day or moment arrives, with world leaders accepting Iraq as it should be, a country at peace with itself and esp.with its neighbors and again, when supplies of oil and growing debt are phased out, and most countries (even the less richer ones who are awaiting paybacks), all agree to some economic arrangement deal in return and the US Govt says, it is now "Business as Usual"....that's when you add another 8 - 15 months above it to start seeing some positive development...don't count on ANY just yet for the time being...how to do that with your patience almost running out?

:cheer:Follow the world news....better still, if you don't trust American media, stay tune instead to the world stations from the BBC...they don't launch salvos with cock & bull...:biggrin:

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Originally Posted by delmo

i need to c a web site that helps support this little note; it just makes no sense to me why would they do that. what would they have to gain by having everyone dump there dinar in a short term rv. please explain!!!

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It's not a short term RV. It's actually a reestablishment of previous levels. The rate will be high at first and then level off at a rate established by the economy and trade.

There has been tons of research done by current and previous members of this and other sites. Check the archives and read about the previous rates of the dinar and the steps that Iraq has taken in the last year or so..

Larry Nichols has provided alot of interesting information. Some believeable and some not so much but WE ALL need to do our own evaluation of the information that has been provided to us, over the years.

Iraq would not have spent the time and money to have new currency printed only to have the paper it's printed on worth more than the value.

Patience!

I think the problem with Larry N is that a lot of folks that truly believe in overnite miracles cling to every word and will fight to the death that it is gospel.. I have said for some time now, that we must have a HCL in place, security ( it is getting better every day), and oil must begin to flow. Then the Dinar can begin to grow in value. Mine are resting in a safe deposit box thank you, sound asleep till Daddy wakes them for exchange... We are much better off than a year ago (IMO) but a lot left to do. Blessings all..

We may possibly have an early christmas, so hang in there.

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Originally Posted by christiankat

We may possibly have an early christmas, so hang in there.

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You sound like you came from the LN place. No one knows for sure!!!:bringiton

Seems to me I have heard talk over the years about a reval associated with the enactment of the retirement law.

Was not the passage of this law published in the Gazette Oct 7th? If so, do they not have until Nov 6th to enact before it automatically becomes law?

Did not the GoI state their intentions to enact this law before the end of Oct?

If they enact the law doesn't the GoI have to pay millions of pensioners back pay for several years? If they do not attach a reval to this enacted law, will they possibly have enough dinars to pay everyone?

Were they not voting on an amendment to their constitution this week to monetize their oil? Would that be just a coincidence with a retirement law about to go into effect?

So many questions. Personally, I think something is about to pop!

Don't know Sudden Impact.. Still beleive without HCL there will be no RV no matter what!!!!!

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Originally Posted by po-cajun

Don't know Sudden Impact.. Still beleive without HCL there will be no RV no matter what!!!!!

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Hasn't there been a lot on the HCL in the news lately too? Doesn't HCL just need the final reading? It seems there has been so much positive NEWS lately on a lot of things. Just my thoughts........I know it doesn't mean anything will happen but we can still hope. If not there are so many positive things going on right now. Not having as many casualty's of our troops is worth a lot.

The more confidence gathers among the Iraqis regarding their well-being gradually reaching new heights as they have never felt before, the better they learn quickly in understanding civilized norms of survival with respecting each other and appreciating the benefits that peace is rewarding them...there won't be any room allowed for anyone trying to disrupt and eventually, the noose will turn greater in spotting or singling those out that appears to behave or express anti-reform goals....

This is something that needs to develop by the Iraqis themselves and its catching up, to the benefit and fruitful efforts the war-machine is contributing in suppressing those insurgents...and hopefully, increasing the value we all are waiting for on the Dinars!!!

Can anyone devote or appraise all these spent efforts including many precious, American & Coalition lives lost to countries like France and Germany for heavily opposing the bold initiative???

But they sure like to rush in & cash in on the profits ...AFTER the USA does the rubbish bit right? Thats the same as, swear & oppose the Bush decision to ever go in & police in Iraq but its all hands on deck to swoop in on the jackpot with no shame to past criticisms on the necessary intervention that will soon bring stability to the country. There are many out there with such low coward and leechy hides manifesting on this path.... shame on them, it makes all those lost lives to be lost in vain by such remorseless indifferent attitude.

Those brave men needs your everyday support and understanding for them to be in that war zone.... the fight is not over yet but peace is improving, thanks to their courage to stay the course, pray for them, THEY DESERVE IT most! :ro_emote:

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Originally Posted by YogiBrood

The more confidence gathers among the Iraqis regarding their well-being gradually reaching new heights as they have never felt before, the better they learn quickly in understanding civilized norms of survival with respecting each other and appreciating the benefits that peace is rewarding them...there won't be any room allowed for anyone trying to disrupt and eventually, the noose will turn greater in spotting or singling those out that appears to behave or express anti-reform goals....

This is something that needs to develop by the Iraqis themselves and its catching up, to the benefit and fruitful efforts the war-machine is contributing in suppressing those insurgents...and hopefully, increasing the value we all are waiting for on the Dinars!!!

Can anyone devote or appraise all these spent efforts including many precious, American & Coalition lives lost to countries like France and Germany for heavily opposing the bold initiative???

But they sure like to rush in & cash in on the profits ...AFTER the USA does the rubbish bit right? Thats the same as, swear & oppose the Bush decision to ever go in & police in Iraq but its all hands on deck to swoop in on the jackpot with no shame to past criticisms on the necessary intervention that will soon bring stability to the country. There are many out there with such low coward and leechy hides manifesting on this path.... shame on them, it makes all those lost lives to be lost in vain by such remorseless indifferent attitude.

Those brave men needs your everyday support and understanding for them to be in that war zone.... the fight is not over yet but peace is improving, thanks to their courage to stay the course, pray for them, THEY DESERVE IT most! :ro_emote:

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I think this is one of the best posts I have read in a long time. My hats off to you. I have tried posting info. about our troops, and positive info. about the war in general. I usually get bashed for not seeing the truth, as thou those who bash are themselves sitting next to our government officials and have first hand info. as does Micheal Moore believers. I believe in this country and our goals. I know we make mistakes but who amoung us is perfect. I believe in the Iraqi mission because the middle east needs an altenative to the rule of kings and dictators. Iraq is the perfect place to sow this seed. Hopefully it will prosper and grow, and we will all benefit in more ways than just the Dinar.

Ice