icebat22

Wow...I check in ~ once every couple years just to see if I'll read something different, and I hardly ever enter a comment...but it looks like same 'ole same 'ole...I remember when they held their first election and the purple fingers were the indication of the imminent RV...that was quite a while ago...and it's been nothing but "the next thing" which was going to be the big event that finally made it happen...Chapter 7 release, debt forgiveness, next president, beating ISIS, HCL agreement (which is comical because they've had that thing "done" several different times even though it's been years since I first heard the term and how critical it was to the RV). Don't get me wrong gang. I'm a dreamer to, and probably dumped way to much into this thing nearly 15 years ago (30 million Dinar...that I paid to much for at the time, and then eventually a premium to transport and deposit them into a Warka bank account). Just wish the dream would finally come true.

Wow. Take a couple months away, and come back to see kooks like this still post these "my cousin's boyfriend's sister's hairdresser with the inside connection to the Pope, who golfs regularly with Shabs" stories. Never a shred of evidence. Pay off the national debt??? Us??? Are you frickin serious? You had me until that one...good grief. Just when you thought they'd run out of variations on the same old tale...

Well, it's been several months since I felt the urge, but I'd heard through the grapevine of the group I invested with that the shaving of three zeros was almost a certainty, in conjunction with an RV. So I had to stop in and see what the mood was here on DV. Same old same old (looks like it could be right around the corner...again...for like the 8th year running). But I can believe it this time. Unfortunately, without the leverage of millions of IQD, it's not the winner I was looking (hoping) for. God I hope my logic is flawed, and this thing really does happen at a one USD to one IQD ratio (without LOP). Have they finally passed HCL and/or seated their government yet?

wow...I think your pastor needs to tamp it down...getting the flock excited will lead to broken hearts and eventually lost sheep...I've had 7 years on this ride, and have learned the hard way...but still love to keep reading...waiting...looking...for that one verifiable post that means this thing is ACTUALLY going to happen...still looking hint: when ever you read statements like "IT HAS TO" or "THEY HAVE TO" - that translates to "I really hope it is so, but I can't logically and factually prove it"...and to answer your questions "who does he know that people here don't" and "how deep is his intel" - those answers, respectively, would be "lots of people but none with any knowldege of the IQD RV", and "zero" (as will be proven shortly)

you will definitely see me there Preach (next year and every year) if this happens...it's on the bucket list...just can't part with the $10K entry fee to "gamble" under present economic conditions...

When I first bought in ~ 7 years ago, I was told that the new currency was being exchanged 1 for 1 with the old currency, and that the old currency was last "valued" at $.31 after all the years of sanctions and inflation. But based upon all the conflicting reports I've read over the years, that has never been fully vetted/proven. So, best guess, everybody in Iraq is made "whole" at $.31 and that's where it is introduced. Timing? Please. I've been told "right after _________" and/or "very soon" off and on for 7 years now. Nobody has ever been able to lay out a defined process or series of steps that has held up and proven to be true. So that means there isn't one. It's at the whim of a few select men (Shabs, and top GOI leaders).

I like the enthusiasm Kenny, but you might be a bit premature on a couple points. The "whole" government is not quite set up (took 9 months after the election to get where we are now, and they still don't have 100% of the key posts agreed to yet), debts are being paid but there is still plenty of debt left to be retired, chapter 7 is not totally "taken care of" either as far as the Kuwaiti's are concerned, and Iraq's currency is not worthless (I believe you can get one million IQD for 1170 USD, and I seem to recall countries like Mexico have operated under similar circumstances). Just sayin...

Why will they lose so much money if it doesn't happen by 12/31? I certainly hope you are not referring to any "deadlines" that trigger penalties. The translation for "deadline" to Iraqis = "a date which you are compelled to ignore because there will be no follow through on the threat". I've been in this game for 7 years and have literally lost track of all the 'deadlines' that were going to trigger the RV.

What 4 or 5 places did you get that information from?

As my teen age kids would say "OMG"...your are to frickin funny...do people actually believe this stuff? I am literally laughing out loud...hysterically...I don't know what is funnier - your imaginary attorney/client, or all those wild conclusions posited as facts...but hey - it's been 10 minutes and I am still suffering serious laughter over this...I mean my wife might wake up and think I'm cruising porn sites in here or something...oh God...it's too good...be sure to correct me tomorrow when I'm worth $75M...I'll send you a bottle of any Dom you want...make it two...

OK Marcus and Lgraham...I surrender...good work...I like the links and logic...and my brain is now mush...could be all the midnight laptop reading, or the Jim Beam...but feeling better about life as I head to bed...and still skeptical of anything happening "fast" in the Middle East, but willing to wait another another year (it's been 7, so what's another one gonna hurt?)...

Help me understand what that means EBJ. I don't know if that means you think it's good or bad for us. What is the truth, and how would you/we know? I don't want to throw cold water on any ideas, but I'm not much into conspiracy theories. What can be proven?

OK...so I had a "mini obsession" today and spent a couple hours trying to figure out what happened by reading many threads and reviewing Adam's chat that was posted...net net - another hurdle (Kuwait, and maybe more)...as always, we're close, but....not quite...maybe soon, but...maybe not. So here's the conundrum. If Iraq can't RV because of Kuwait not cooperating, and Kuwait won't cooperate because they want to amass lower valued IQD before it pops (sort of like pre-IPO stock) - then that stalemate is virtually never broken (in US terms). We're talking Middle Eastern culture hear. They're happy to wait an entire generation to win an argument.

Thanks Halo. You have to forgive me. I do remember hearing/reading about that a few weeks back, but you also have to understand. I'm into this thing for 7 years now, and for several millions of IQD (enough to check out, if you know what I mean). I've been "obsessed" about it off and on several times during those 7 years (we're talking up all night doing website and forum research...multiple times). And there have often been "big" events which were going to tip the balance to make the RV happen. It's been so many times over the years now that I've learned to take these announcements with a boulder of salt. Don't mean to sound like eeyore from Winnie the Pooh, but I probably come off that way. But believe me - nobody wants it more than me. Some gal (Sophie??) kind of wacked me verbally for this question. But it was legit, as am I. Hope it happens this time. I think my frustration is that after all this time, nobody can tell me the process and the exact check list so that it can be accomplished. I come from a professional and process oriented background, so the logical question is "if nobody can explain the precise process, then how can it ever be accomplished?". There's always "one more hurdle" under that scenario (as I've experienced with this deal).

Sorry for sounding so ignorant, but I don't get to the site on a regular basis. What is up with tomorrow? Why (or what) is supposed to be happening tomorrow?

So do they really have 27 Trillion IQD in circulation, or is it 25 Billion? Or some other (smaller) number? I thought I remembered reading a post from a long time member (Sonny??) that claimed the number is smaller, but I just read a post from someone named "Stew" on the Iraq Business Site that "proves" there is 27 Trillion in circulation and it is verifiable via the CBI website. I pulled up the CBI's 2009 financial report, and it states "Currency Issued" of 24,169,401 (which is in millions). Therefore, they have issued 24+ Trillion in IQD. If they suddenly "revalue" the IQD on a 1:1 basis with the USD - where does the $24 Trillion in wealth come from to back that up? Isn't that more currency "wealth" than several western countries combined? I realize that 115 billion barrels of oil reserves (according to CIA estimates) has value. But that would take a net of $208 per barrel to equate to that amount of wealth, asuming Iraq kept every dime...which is not realistic. Disregarding that, and the time value of money (it would take at least 30 years to get all that oil out of the ground), and simply taking into account the present price of a barrel of oil being around $88, I'm having a hard time rationalizing how we reap our long hoped for payday via the IQD RV. Can someone fix my math? Or my calculation basis? Or is this seven year dream finally hitting the sharp rocks of reality?

Zantac...I mostly read the forums/posts...and don't bother to get into very many rolling dialogues. But I'll bite on this one. You've stuck your neck out and predicted that the condition which has persisted for something like 7 years, will continue to persist for a little less than two more months. OK. I can go there. But how about a "here is why" reasoning? Maybe you could even cite a brief set of conditions which has to be met before the IQD can RV? And, if you're really wacky smart, maybe even cite a credible source? Now that would earn you some credibility, of which there is precious little to be found on this topic.

Thanks for the feedback PleasantValley. Remember, I'm a skeptic on the "predictors", and I don't expect anybody to know valuations/dates - which is why I am more interested in knowing the process and the decision maker chain. I can come up with my own predictions if I could follow that. And I am an optimist on the investment ultimately working out. Sounds hypocritical (or schizophrenic?), doesn't it? But there it is.

Like I mentioned in another post I put up today, I'm new to the site, but have been waiting on this Dinar Dream for 6 or 7 years now. Can't remember when they first brought the new currency out, but a friend of mine bought some within a month of it's introduction, and got me hooked to the tune of $35M+ IQD. I remember way back when al Maliki was first elected. It was going to happen right after that. Then it was UN Chapter 7, then it was some World Bank hurdle, then it was the IMF hurdles, then it was the HCL, then it was the next election, and umpteen things in between (and I may have the order mixed up...been to many false prophets to keep track of by now). My original question still stands. What is the process, and who is the final individual decision maker to approve the RV and Forex trading of the IQD? No dates. No valuations. No anecdotes masquerading as "connected facts" supporting the belief that the RV will happen "imminently". Just a couple facts. I'm not asking to see the nail holes in hands or the wound in someone's side. I already have that faith. But when it comes to bankers, politicians, and potential investement scammers, forgive my skepticism, but I would just like a couple documented facts.

I'm new to the boards and Adam's site becuase I just blundered into it by accident one night while trying to find another data point. I thought it was just my investment group that had all the wild eyed speculation and unfulfilled predicitons - but I see they are pretty common here to. I like the conspiracy theory - it's easy to believe. But like all of them, it hasn't any hard evidence or facts to back it up. Please understand - I've been in the IQD since a couple months after they came out with the new currency, and it's been so long now that I've lost track of the time (6 or 7 years??). And I have been a news junkie several times during that span. Obsessing on it via email, news sites, and blogs until 2:00 in the morning. Those stretches come and go...I'm "all in" believing it's going to happen soon (for the reason de jour) then it doesn't happen (again), and I fade away from it for ~ 8 months. I'm near to obsessing on it again after joining Adam's site. I'll keep dreaming (and holding over 30 million IQD). Still want it to happen. The single simple question I've asked from month one has been this: What is the process for enacting the RV and putting the money on Forex, and who (which individual) has final approval? After all these years - there has still been nobody who can answer that. I don't even care about the value or the date. Leave that for the many rumor mongers (all of you know who you are, and you know you have always been wrong). I'd just like to hear someone factually explain the process and the decision authority. Who wants a shot at the title?