tjimpala

This is what I have been trying to say all along. There will almost Definitely be an INCREASE in the value of the Iraqi Dinar. The problem is that many here seem to think that this investment is EITHER going to make them MILLIONS of dollars, OR they are going to LOSE everything. So many times I have read people posting something to the effect of "we might lose everything, but it's worth a shot a millponds." WHY does it have to be so polarized? Have you ever thought that just MAYBE it might revalue at $0.01, which would be ten times your money. Or $0.10, which equals about a hundred times. The idea that the IQD will revalue at $3, or even $5, is rather silly. Let's consider that value of the CURRENT state of Iraqi affairs first, then we can hope for our millions as the justifications come out of the woodwork.

How come when I say that, I get bashed???

http://www.investors.com/NewsAndAnalysis/Article/549947/201010081828/Iraq-govt-resolution-inches-closer.aspx Iraq gov't resolution inches closer Posted 06:28 PM ET Political leaders are nearing agreement on a new ruling coalition, said a key Kurdish negotiator, 7 months after elections left no party with enough seats to form a gov't. The possible agreement with Kurdish parties would give PM Nouri al-Maliki's Shiite-led coalition enough parliament seats to begin the process of picking a Cabinet. It's unclear if the deal would include the Sunni-backed bloc headed by former PM Ayad Allawi.

"$5k" and "$10k" notes?? You have $5000.00 United States Dollar notes??? I'm SURE you meant 5000 DINAR notes, right? That's the problem with many "investors" who let this thing get so carried away...they already assume they are holding currency that will be worth its face value in U.S. DOLLARS!! These are DINARS people.. Iraqi Dinars worth less than 1/10th of a penny per dinar. YES, I believe they will be worth more in the future, but THEY ARE NOT U.S. DOLLARS!!!

http://online.wsj.com/article/SB10001424052748704696304575538284084915178.html?mod=googlenews_wsj BAGHDAD—Ayad Allawi, the top vote-getter in Iraq's inconclusive March polls, suggested in an interview Thursday that he could join Prime Minister Nouri al-Maliki in a power-sharing deal pushed by the U.S., if several conditions are met. Late last week, Mr. Maliki won the backing of Muqtada al Sadr, an anti-U.S. Shiite cleric whom American authorities hope to see excluded from a significant government role. Mr. Sadr's support significantly boosts Mr. Maliki's chances of winning the parliamentary majority that he needs to form a new government. Mr. Allawi, whose own slate edged out Mr. Maliki's by two seats in March parliamentary polls, hasn't been able to cobble together his own majority, leaving Iraq in political limbo. In Mr. Allawi's first interview since the Maliki-Sadr tie-up, the former prime minister said he had agreed to restart power-sharing talks with Mr. Maliki that were broken off last month—but only if all top posts, including who serves as prime minister, are on the table for discussion. Officials close to Mr. Maliki couldn't be reached for comment. A member of his parliamentary bloc, Adnan al-Sarraj, said the premiership was non-negotiable and belonged to Mr. Maliki. Mr. Allawi also called for a host of other issues to be discussed, including handing some powers from the prime minister to other positions. He called for discussion of a road map for resolving some of the country's most divisive issues, such as internal borders and the sharing of oil revenue and resources among the central government and regions and provinces. Mr. Allawi said he was awaiting a proposal from Mr. Maliki about talks at the behest of U.S. officials, including Undersecretary of State for Political Affairs William J. Burns, who was in Baghdad on Wednesday and met with both men. Mr. Allawi said he was also still pursuing a parallel track that involves assembling a rival coalition that could sideline Mr. Maliki's. He said he thinks he could muster enough coalition partners to at least match Mr. Maliki's current numbers. The U.S. has pushed a plan for a unity government in which a new, powerful federal position is created to balance the powers of the prime minister. "If the memorandum is handed over and we are convinced by it, then we begin talks and end with naming who gets what in terms of positions in the country," said Mr. Allawi. "But now there are no names; there are just suggestions being floated, nothing specific." Changes to Iraq's system could require legislative approval or constitutional amendments. A spokesman for the U.S. embassy in Baghdad declined comment on discussions among Messrs. Burns, Allawi and Maliki. U.S. Ambassador James F. Jeffrey said earlier this week that Washington had no preferred candidate for the premiership nor was acting as mediator to help assemble a governing coalition. But he said the U.S. stood ready to help end the impasse and stand up "an inclusive government." The coalition between Messrs. Maliki and Sadr is virtually all Shiite, while Allawi's bloc is almost three-quarters Sunni. The U.S. believes a broad unity government formed from both sides and the Kurdish bloc best reflects the election results.

It's the old Iraqi Dinar with Saddam on the obverse. News articles will frequently use old file photos, even in new stories. This image was probably taken pre-2003.

It's alright....I've garnered a lot of "negatives" since I've begun posting. It's encouraging, actually; nobody who has ever made their point has done so without pissing-off the masses.

Uhhh, Yeah...I'd rather read English, but that's just me.

"Chill Brah..."

In Arabic, "Allah" means "the god." Jesus spoke Aramaic, and in His native tongue he said "Alaha," which means "The Only Being." Arabic is a sister language to Aramaic. If only Muslims, Hebrews, and Christians knew they were praying to the SAME god, maybe there would be no wars...oh, wait a minute...of course there would be wars... there's too much money to be made for there not to be any wars!

YES, I own Iraqi Dinar. YES, I want it to revalue at $3.22 (or 5, or 9 million vs. the U.S. Dollar). Would I be happy with 1 Dinar=$1? Of course I would! But, come on people...enough with the---"it will happen tomorrow"---crap! EVERY SINGLE GUESSTIMATE on this forum HAS BEEN WRONG!!!! Some of you have been waiting for this to happen since 2004, and I can understand your frustration, BUT, let's face reality for a moment. The Iraqi currency COULD be revalued TOMORROW...OR...it could be 3 more years until it does. If YOU think otherwise, then I hope it DOES happen tomorrow because I don't like to see anyone in despair, BUT the REALITY of owning Iraqi Dinar is such that NONE of us knows when, exactly, it will be revalued. By the way, for those of you who assume that it will revalue at $1.00 or more, realize that that is more than 1000 TIMES its present value. CAN it happen? Sure it CAN. Will it happen...come on...when was the last time ANYONE made 1000 times their money on A SINGLE CURRENCY INVESTMENT? Even the KUWAITI Dinar didn't perform that well. people there made up to 60 times or so their money, but NOT 1000 times. THE BOTTOM LINE?? IF...IF you make three to five times your money here, be glad. If you make a hundred fold, be ecstatic...if you make a thousand fold or more, convert to Islam and thank Allah because that would truly be a sign.

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Don't take their responses too hard. It seems that everyone who poses a question that might imply less than stellar returns is quickly attacked here. Even valid questions are bashed if they threaten the wild dreams of would-be multi-millionaires. I'll be happy if the Dinar is worth three times what I paid for it. I'll gladly accept 50 or 100 times my money. But 1000-3000 times our money??? Now that's a good dream!

It was a rhetorical question to Mel. She was concerned that she wouldn't be able to wait for the value to slowly rise after a revaluation because of the rumores 90 day window. I was just letting her know that she should be able to exchange within the 90 days to comply with the bank policy, then she can turn around and repurchase Dinar from the same bank and hold it longer term. The tax consequences would be a non-issue because the tax she would pay on the repurchase would be based on its selling price and the taxes on the original sale would have already been applied.

So, if Iraq doesn't give up the goods, and she won't give up until Iraq does, then we've got ourselves a paradox here... Not being critical, just pointing out an observation about the seemingly contradictory statements