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  1. #1
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    Default 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?

    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!

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  4. #2
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    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

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  6. #3
    Senior Member 67 warrior's Avatar
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    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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  8. #4
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    Quote Originally Posted by rhonesci View Post
    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?

    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!

    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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  10. #5
    Junior Member delmo's Avatar
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    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

  11. #6
    Investor dinartank's Avatar
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    Quote Originally Posted by guardian View Post
    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.
    Are you in iraq? Or where did you here this one? At what rate? Thanks for the info.
    Use common sense...the world may just start look different....its always fun to dream...and you never know they may come true ONE DAY

  12. #7
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    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

  13. #8
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    Quote Originally Posted by guardian View Post
    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.
    Are you saying that the dinar will go up in value and then go down in 7-10 days?

  14. #9
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    Default Going up - Going down

    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

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  16. #10
    Senior Member 67 warrior's Avatar
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    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.

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