dinardummy

I get really tired of this...really....I have been in this investment for about two years(I know some of you have been longer) and I trust not one person's "information". I do believe that there is a "chance" that this investment will pay out. Let's put it this way, I am willing to risk the $3,500 that I have invested to see if it does. The way I look at it, the money would have been spend on trips to Walmart, Movies with the family, etc. I would like to serve notice on you guys with all the "info" that the majority of us consider you entertainment...and thats about it. I hope you get Carpal Tunnel syndrome spinning all of your lies. Please do not stop...we enjoy racing to the computer each night to see what bull you have to say. Speak up everyone...am I alone here???

thank you for the post. you are right about all you say. i was speaking out of anger at the thought of paying 48% cap gains. a statement is not an act not matter how bad the government would like it to be. so I guess off to plan "b"...move out of the country.. lol

I think this was a great discussion. I was a little angry at the point of having to pay taxes at a unreasonable rate. In the end, like all of us, I will be coughing up the % that our government demends. You guys are right to bash me, although I am not sorry for posting my feelings. I have learned allot about taxes through this post and have lauged at many of the comments. I believe we are all a little angry that the government could take such a high % of our investment IF it pans out. I appreciate all of the suggestions and hope we all have to face the tax man no matter what the % is.

I know this is a risky thing to bring up, but I planned on the event of <$1 and also >$1. I bought like most of us $25,000 notes and paid allot more for $1,000 notes. My plan is to cash in the $1,000 notes 9 at a time to avoid taxes. Call me crazy, but like most of us, I hate the idea of giving O money for an idea that he did not have. If the bank does not take any personal information, this would be a easy thing to get away with. I have no problem with paying on the $25k notes, but if given a chance, I will not pay a dime. I know the parental comments are about to come out against me, but it is downright higway robbery to get taxed at 48%. Let the bashing begin!!

you are one to talk..let's see, Dec 2009 Member...1 Post(thanks for all the contributions) and thanks ZERO times in ZERO post...you are a real winnerinwaiting.....how much do you have invested...500usd..please...go home

amen to that..I am a RVer..cant wait brother

my guess is they will contract it out to Afghanistan like we do with Mexico...sorry if that offended anyone, but it is true...make more spend more..sound familiar

maybe mine isn't the simplest mind on this site then...lol

yes..if you exchange immediately, you get your $ back minus the trade difference. Dinar Trade Sells at 1060 and buys at 900. That means on a $1060 USD you would lose $160USD. Not a bad risk if you ask me. If you wait after the LOP(won't happen), the goal will be to move the rate up to $3.42 so Iraq can join the Arabic Union and go to a common currency(the entire goal of RV or LOP). In that scenario you would profit aprox. $2042 USD on a $1000 dollar investment. Find those odds on the stock market. The worst thing that could happen is nothing. I hope that helps

great idea if it were true..the average Iraqi is very poor...has lost his home...and has never had a bank account to store it...they mostly trade in goods and are barely surviving

I propose this: A rich man in Iraq has approx. $1,000,000,000,000 IQD, worth 3 Billion USD, before we went to war with his country. After the USA overthrew his country's government, the VALUE of his wealth went to approx $$1,000,000,000,000 now NID worth 1 million USD. The math is a little off, but the logic is sound.My understanding is that Iraq does not care about us small time investors. Their only concern is RESTORING the WORTH of their currency. If they LOP, the only benefit to them is they now will get to carry around less cash. The value of the Dinar will be forever LOST!!! If they RV, even at a low rate, they can restore the wealth to the Iraqi people that lost it. Please explain to me how I am wrong guys. Have at it!

I propose this: A rich man in Iraq has approx. $1,000,000,000,000 IQD, worth 3 Billion USD, before we went to war with his country. After the USA overthrew his country's government, the VALUE of his wealth went to approx $$1,000,000,000,000 now NID worth 1 million USD. My understanding is that Iraq does not care about us small time investors. Their only concern is RESTORING the WORTH of their currency. If they LOP, the only benefit to them is they now will get to carry around less cash. They value of the Dinar will be forever LOST!!! If they RV, even at a low rate, they can restore the wealth to the Iraqi people that lost it. Please explain to me how I am wrong guys. Have at it!

i'm with you..happy with what I have and not telling another living soul

I am wondering why Adam hasn't let us know what was the results of the "email" he received from the CBI contact. It's really not like him to not get back to us. I am not being critical, just really anxious.

I invested enough to pay off all bills(home, college debt, cars) improve the house a bit, and keep the rest in Dinar until we get a better rate. Once over $1.50 I will probably convert some more and keep at least $500,000 in Dinar until we have a $3 plus rate. Thats my plan..What do you all think. Current reasons to wait, 2,650,000.