elliott

If you want market value and or slightly below spot, buy pre 1965 us silver coins on ebay.... they often sell at good discount to spot.... yes I know they are only 90% silver..... but silver eagle are on there also.....i I forgot to say that people who bought at the top of the silver prices this year are not very happy they didn't get rich by holding a few coins for two weeks the key to wise investing is HOLDING your investment....

I wrote a very LONG responce to this then downloaded spell check, since spelling is not my strong point..... and some how everything has been erased since it is late here... this is the point> Dollar goes up metal goes down..... you don't realy loose money thought because your dollar buys more if it is strong.... so prices change but value does not.... i can write much longer but note till tomorrow:)

I have one phrase "Margin of saftey" google it read it and read Seth karlman's book..... or value investing by (Graham) .... most penny stocks are not any better then a blackjack table, but if you buy $10-50 stock for pennys thats diifernt.... then you will have a "margin of safety" because real long term gains come from that..... remeber it is not how many times your right, it is how many times your wrong....

http://news.silverseek.com/SilverSeek/1305294114.php Here is nice article to read about silver, I would have posted it but the charts won't copy and paste so you will have to go there yourself. It puts some nice perspective on the topic:)

Last week, George Soros and John Burbank's gold sales. Recently, Burbank appeared on Bloomberg to discuss his gold sales. Burbank has been long most commodities (including agriculture, base metals, and gold) for years. He says the recent sales are to "hedge" his portfolio. He said people are taking risk off the table leading up to June 30 (when quantitative easing ends). But we'll only see a "temporary correction" in gold. Long term, Burbank expects commodities to be strong and sovereigns weak. He says central banks around the world know the dollar will be devalued and Congress doesn't have the stomach for austerity. This is the No. 1 reason to stay in gold. He also notes Chinese consumers' growing demand for gold, which he predicts will outgrow India's. "Ultimately, physical gold is the story," Burbank said. "It's a scarcity story." But he's also researching junior mining stocks. When asked when he'd buy gold again, Burbank said another government liquidity event (i.e. a third round of quantitative easing) would be an entrance point.

well thats looking like a 25% return or so yearly on the original investment..... much better 99.9999% of the people make in the market...... so at this point I would have help counter inflation..... so yes I would, because that would still beat Dinar wall paper:) and if you got in early enough you made more because it was cheaper when first issued....

Resistance is at $49 so it might float in the mid to high fourtys for a bit but once it goes through 49 it will likely jump just as it did when it broke the high 30's just remeber it is a much bumpier ride then gold, so don't get shaken off the bull too early. Happy investing:)

I don't know about protection, but they will buy DInars back and as far as I know not many banks will do that right now.

why are we worried about the KWD? i'm not sure but I think you want to know about IQD vs. US which they list at .00085

you notice when you click on IQD it post 1472/IQD=1/USD which at this point would be normal

Last I checked a local bank was the cheapest place to buy them, so check around. I bought plenty of the net when I first got in to this than I found out the bank down the road was a lot cheaper and faster! (plus no shipping fees on top of the dinar price)

this is true, I saw it there earlyer this afternoon now it is gone......

#2

remeber william burbank owns a Dinar hedge fund, so this sort of thing helps his business out, but what people dont think of is that they dont need him to have a warka account. smoke/mirrors/pump

that was sent yesterday by william burbank, I recieved one in my email, but as it has been stated that has been the case for while. It is nothing new

the new one has been listed

Hydrocarbonlaw I believe

My branch (Berrien springs, MI) has required an account for as long as I can remember, but all they want is a saving account with 50.00 US in it. Doesn't seem like a big deal to me, since they are a business. they say I'm the only person that has asked for it there though...

and P.S. yes Iraq can fold, just as it did with the first gulf war, so never think it's safe as a savings account. But all of us don't think it will other wise we wouldn't be here. Also since they are a business, they change the rate to cover employee cost, if they sold market value to you, they wouldn't make any money, so yes you can exchange right back, but for a loss, since it take some work for them to get money from Iraq and hand it straight to you. so it is still cheaper then buying else were, and you know they probably checked for it been legal currency (not counterfeit) before they bought it. all in all a good deal correct, shouldn't even need proof of purchase...... you don't for any other currency.....

my 5/3 branch (Berrien springs MI) said they don't have a machine, but they don't send any currency off for verification either, they said "we have have all the specs and do it on the spot, it wouldn't be very good if we sent it off would it? nobody would go for that" They get there rate form being a business..... sell hi (above market) buy low( below market) its still better then mail ordering and they have two day delivery FYI as far as I know all bills will be circulated...... all mine have been so far. (and we should probably move this thread from news)

there rate at 5/3 has been buy@.001066 and sell .00066 for a few weeks now. Don't feel bad about the rate as with shipping from (Dinar trade 20.00) it ends up being apx.00111.

yep last I check the dollar was up today.......

It seems to me people are mad at Adam because they haven't maid millions of dollars out doing nothing. If you don't like it here then don't hang around, because if you do hang around and bad mouth Adam your just "peeing in your own pool"...... It seems unrealistic that just because you paid for the VIP that all of a sudden somebody will give the exact day you'll have earned something from nothing. Adam is a person and a business man like use all, He say what he knows, and doesn't start spreading a bunch of rumors. Everybody should be happy he's not on here all the time giving time frames and RV values. I can't imagine how mad people would be if they paid and the "Intel" and it wasn't true. Sit back and relax it is a LONG TERM deal, and if you really believe in it, 49 dollars should be nothing in the long run. Just remember we are trying to make money for doing nothing, and at the other end of this are starving,powerless, people being bombed and shot every day. I hope a strong is RV secondary to the stabilization of Iraq, primary being the peoples well-being . IMHO

Lets not forget that were not trading in worthless money for USD were trading in money that is worth something....... people seem to act like were "getting away with something". that is not the case! we will be trading a valuable product for like value of product. and most of our money is electronically traded. so unless everybody makes millions and we all want it in cash to stuff in under our mattresses, it shouldn't really be a problem.... IMHO but I'm a health care worker not economist, but I'd like to think I got something out of 8yrs of college but maybe i didn't.....

As far as I know if the currency RV's and is traded openly then you don't have to trade for US dollar. It will be a usable source of monies, just like owning any other countries money, so there isn't a real need to run like chickens with head cut off to the bank and exchange. Just go trade for the new paper if they switch it out and let it be. If it is worth more then the dollar and is stable, you would be better having IQD wouldn't you? so I really don't think you need to trade in millions of IQD for USD unless you think the market will fall immediately.