daveclaxton

This is a pie in the sky investment. Period. If you have ANY money invested in this that you cannot afford to lose - then you should not have bought in. Iraq has NO interest in making outside investors rich. It would cost IRAQ a fraction of a revaluation to just reissue new currency altogether. The current dinar is only a hair above completely worthless. Iraq politicians will do what is best for them, and hopefully what is best for the people of Iraq. I have a couple of million dinar, because I believe there is a CHANCE, however remote, that this thing may turn out to be more than just a giant scam. Nobody who gave money to Bernie Madoff thought he was anything less than a financial genius, who had their best interest at heart - uh not..... If it seems to good to be true - it probably is...... But, and huge but here, if this goes well, do you want to miss the boat? Merry Christmas

Ok. For all of you from Arkansas, I'll explain it for you. I responded jokingly to the fourth post in this thread (which I quoted in my post). THAT post was in itself a joke about "my brother's cousin". So I was piling on to the humor, here - it is a form of ladder sarcasm....So, complain if you like, but at least yell at me for slammin' on the hillbilly reputation of Arkansas - (and yes I did live there for quite a while - otherwise I wouldn't joke about it...) - and not because YOU didn't follow the thread...... "Don't EVER lose your sense of humor, Dan!" -Jim Belushi, About Last Night

This is your brother's cousin, but not your cousin? Is your family tree a straight line? Or are you from Arkansas?

As the bomb - droppers say.... "shack" Sunnistan, Shiastan, and Kurdistan make far more sense than "Iraq". As long as the current plan holds long enough to RV, and maybe provide some cheaper oil while we figure out the next energy solution......

I don't think there would be a short limit under this scenario - a year or so down the road the CBI would probably look to pull the larger denominations out of circulation

Tuesday. 1 IQD = .005 USD slow rise over next 6 months until 1 IQD = .1 USD

They ABstained, because they are OBstinate

Already beat this horse to death yesterday...... http://dinarvets.com/forums/index.php?/topic/44628-rumor-from-another-site/

probably not. The arabic 2 and 3 are very close.

Al Basrah, Iraq to Kamel Khan, Afghanistan (closest city pairs) - over 700 miles across Iran. 4 cultures, 3 religions, and about a 50 day journey on camelback..... Yeah, right next door.......

Please don't waste time with old news....

Ignorance excused. Being President does not guarantee knowing all.....far too many examples to list......

I think not

I agree completely.....

Nice

I hope you are right on!! I could do "next week"!

Always the case when translating... the language reflects the culture - lots of double speak out of all three sides od their mouths.....

Beat me to it. Thank you for the rationality!!!

The cash dinar is only worth what the GOI says it is worth. They are the backing agency of the currency. You cannot force an RV unless YOU are willing to back the currency. How much oil is in YOUR backyard?

Old thread - bad title - let it die!!!

How can we get screwed? Easy. Iraq prints new money and refuses to exchenge any of the "worthless" old currency. They say "oh, very sorry...we have the oil.. what do you want?