Thread: So theres been no news or rumors in weeks !!

i've been in it since 2004....no use to throw in the towel yet..hang on guys....we made the turn....i think[hopefully]we will see some type of revel by the end of this year...IMHO...Pat

It's taking a long time for the RV and I'm not getting any younger.

Originally Posted by ahill

It's taking a long time for the RV and I'm not getting any younger.

lol...you and me both Ahill...i feel something is going to happen soon...because i can't see us sending any more money to this corrupt government once our troops are pulled out all together in a couple of years...so it seems logical that an RV has to happen before 2011....IMHO...Pat

so you guys are saying that i should wait till October before I start using my dinar for toilet paper? LOL

Look, I have a friend who is so smart he is dumb. He as well as myself have had our D-note for 5 years. Its time, but he was going to sell his. I told him I would buy them, but when they went off. He had no claim to them, but to remember that I told him to hang in there. He laughed at me being a women said I must know something. Yes ! I do we all have been sitting on our hands for so long. What is a little longer and the fact that all is stable there is a big smile on my face. Time is money, but if you wait you will get your reward and then some.
Have a wonderful day to all.

Originally Posted by benzboy

so you guys are saying that i should wait till October before I start using my dinar for toilet paper? LOL

hey Benz..before you use that as toilet paper,don't forget you can probably sell it for what you paid for it...in other words,you might not have made any money....but you didn't lose any either...hang in a little longer...i think good things will happen within a year...just my opinion....Pat

Hi bigopie,

My friend told me there's a rumor going around that it's Oct. or Nov. /09.

Is that the next 'big guess'

ahill

Originally Posted by bigopie

lol...you and me both Ahill...i feel something is going to happen soon...because i can't see us sending any more money to this corrupt government once our troops are pulled out all together in a couple of years...so it seems logical that an RV has to happen before 2011....IMHO...Pat

Originally Posted by ahill

Hi bigopie,

My friend told me there's a rumor going around that it's Oct. or Nov. /09.

Is that the next 'big guess'

ahill

thats as good a guess as any Ahill..Seaview had a link last week that showed the Army guys all trading American dollars for Iraqi dinars to help strengthen the economy..and that they were trying to get this in line by October....the oil and gas law is in the parliament right now and i read where an Iraqi minister said it will pass this year....all this is positive stuff....the sad thing is we all know how slow these people[IRAQI's]move....lol...that being said,I think this is the closest we have ever been to a revel..IMHO....GO DINARS....Pat

We have seen a lot in the past number of years. Lots of rumors, some outright falsehoods and a lot of laughs. Pat, if I sell now, I even make a little $$.. More than I can say about my retirement investments.. Maybe, just maybe we see something this year. No need to panic quite yet benz, just leave them sit in that dark corner, smell up the room and see how it all ends.. If no profit, I suspect you will at least break even and look at all the fun you have had on this ride.. God Bless us all..67

Originally Posted by benzboy

Cant believe there has not been any active news in weeks, People whats up with that. I have so put the Dinar on the back burner so to speak, as Iraq just floors me with there inept or maybe corrupt government. But folk was even more surprised that no one is putting out any rumors.
STEP IT UP PEOPLE
LOL
BENZBOY

Found this out there this morning, but I am not into rumors! But if you need one here it is!

More Speculation on the Iraqi Dinar Revaluation



Here are some interesting points to ponder that I received from a reliable source who chooses to not be mentioned on this blog.

Also, a reminder, when cashing in with a bank, just be sure that they have a currency officer there who can verify your dinar.

I would not take my dinar to any local bank and they want to send it off to verify that your dinar is official. You may not get it back and lots of things could happen with it.

The foreign currency offices in banks should have a DeLaRouge machine to officiate your currency. That’s just my thinking and I would try Chase, Bank of America or Wells Fargo.

Now, Points to Ponder:

Today in the chat, I mentioned a phone conversation my
husband had with a friend, Haroon, who now lives in KC MO but is from
India. He has been to Dubai himself many times, and he understands how
government and finance works over there.

Haroon is a “research junkie” who reads the Wall Street Journal cover
to cover everyday. To give you an example of his knowlege, he told my
husband that Nestle (my husbands employer) was going to buy Gerber 6
months before it was ever public. He also researched the Presidential
election and knew which candidate was going to win each and every state
and he was correct on all. Those are two examples of his predictions
from his research.

A couple weeks ago, about the time we were getting the same information
from medic, my husband told Haroon we were holding some Iraqi dinar.
Haroon told my husband that the RV is very soon, and that it will be
between $2-$4. The whole time Medic and Haroons information has lined
up. So I have complete confidence in everything Medic has shared with
us.

Today, my husband called Haroon and asked him about the dinar again,
knowing he knows people in Dubai himself. The following is what Haroon
stated… The reason the dinar has not had an RV is because Chapter7
has not been removed. According to chapter 7 it is against
international law to conduct business with Iraq until it is lifted. He
said all the countries that have contracts signed with Iraq cannot
legally do business there until it has been lifted.

He read an arcticle dated July 5th that stated that Kuwait is asking
the UN to lift chapter 7. He feels after his research that it is just a
formality to be lifted and will be done this week at the UN meeting.

He then proceded to explain why it would RV this Friday Sat, or Sunday
provided the lift of chapter7. The reason it will Rv on our weekend is
because Iraq feels there are more sellers than buyers of the dinar. So
they do it on a weekend to keep the transactions world wide lower than
if all world banks are open for business. So it is done on like a
rotation basis worldwide. Otherwise the dinar would plumit.

He also stated that if it is true of the 4% flucuation up or down, this
will keep the dinar stable within 4%. And how they do that is they have
countries lined up to buy or sell dinar, whichever is needed to keep it
within 4% of the original value.

He also said the reason they want to take the large denominations out
of circulation is because of criminal activity, i.e. *****, guns, etc.
He stated if it was in circulation and if you went into buy a candy bar
and a soda, they wouldn’t be able to make change for a 25K note. (That
is just an example.)

He stated their weekend is our Thursday and Friday, so if you think
about it, it does make sense about the rotation of the banks.

Haroon also feels that the RV rate will be equal to Kuwaits currency
rate right now or slightly below, but not higher. He thinks .10-.20
lower which would be 3.30-3.40.

Remember this is a rumor site, and just FYI Haroon holds no dinar. Just
a real good friend.

His information has always lined up with Medics. And they both agree on
Chapter 7.

And IMO, I feel the oil companies are probably lobbying for chapter7 to
be released as well, since they have signed contracts, but can’t touch
the oil until it is lifted according to international law.

Now this is a rumor site, and please don’t stone me if it isn’t this
Friday, but he feels it will be the Friday after Chap 7 is lifted,
whenever that may be.

Author, Anonymous


Maceman