USHistoryteacher

Dear friends, I told my wife on Feb. 1st I would check back on our June 19th anniversary. At the time I told her that I was 50% sure that I was listening to script writers post "guru-intel". I believed at the time there was a good chance this was being scripted by a collection of "subject-educated conspiritors". I haven't seen the sites since Feb. 1...but checked in because of chatter I picked up else where. I was right...this is out of control. I'm now 95% convinced. First, let me tell a brief story that was a prelude to my 20 years in Sales and Marketing...I was a senior in high school. We were going to have an assembly. I told a friend of an idea...lets start a rumor. We told a handful of people that Pepsi was secretly sponsoring the assembly and that they were going to feature a "high spirited" school in an upcoming commercial. We started the rumor at 8:00am. By 3:00pm the energy was palpable. It was so loud and rowdy that the presenter was unable to make his presentation. Teachers had the most incredulous looks I've ever seen. Here is what I knew...we were having an assembly...the rest was marketing magic furnished by true believers who all got their "intel" from a trusted friend. They made the reality. That was marketing 101...senior year. "There is nothing so silly that should you repeat it often enough...people will believe it". Secondly...good movie makers have mastered the art of "suspending disbelief". It is the best possible example of superior marketing and sales. That is why we spend millions to be momentarily transported to another place through movies. Its why I like James Bond. Ok...Iraq is a real country with real potential. There is a history of countries that do have their currencies revalued. They have talked about it and Shabs is a real player in economics. Their are so many factors regarding this Iraqi "assembly" that, as a marketing and sales guy, I say a buck can be made. Here is my plan...lets assemble a small team of creative writers (who are "subject educated"). Now, lets do the math. 3,000,000 customers who buy an average of 1-2,000,000 dinar a piece, who average 2-3 purchases. That is somewhere between 6-9 million orders that average over a $100.00 profit per purchase for the selling company. That means there has been 6-900,000,000 MILLION in profits to be made. From a marketing perspective...this is a no brainer. These companies are making over 100,000,000 per year...that is assuming their are 6-9 of them. That kind of profit has a budget for marketing...trust me. I say lets start writing. As a former Director for Marketing and Sales for a nameless corporation...here is my analysis and conclusion. Our target audience is the NEWBIE class. We will fabricate any and every bit of intel...Because it is PLAUSIBLE...because there is nothing so silly that should you repeat it often enough, people will believe it. We will suspend disbelief, even for the initiated, over time...but only for a time. Numbers will drive our game. We will run this out until sales numbers drop (I believe this had been getting synergistic over the last 6 months since I've been away). Here is what I expect is likely in the next 6-months to a year(could be longer). When the sales numbers fall there will be a marketing reversal. We will then fabricate intel that incites holders of dinar to sell. We will make countless millions on the buy back. We will repeat the process until this seemingly "IMMINENT" event takes place...at that time we will make BILLIONS. It is a no lose situation for the those running the show. There are NO LEGAL ramifications (everyone is truly annyonomous and these are just "rumors")...there is only upside. This is a marketing and sales dream come true. I write this as an educated opinion. I AM HEAVILY VESTED in IQD. Why? Because my study of history, economics, and investment suggests it is a worthwhile venture. Iraq WILL NOT, because it CAN NOT, fail. We will see a return on this investment and I believe it will be in proportion to Iraqi wealth (oil), it will be based on Iraq's formation of a competent government that has provided national security, it will be grounded in Iraq's infrastructural development...it will come with time, the kind of time it takes for an emerging democracy to get the kind of traction necessary to make all our dreams come true. If you are a NEWBIE...buy 1,000,000 dinar and check this site every monday http://www.cbi.iq/. Stay away from these sites and look ONLY at the Central Bank of Iraq site...it will tell you when the Iraqi Dinar has changed in value. If you are a "Senior Member"...I suggest you consider doing the same (except buy all that you can afford). Please excuse grammar and spelling ( no spell check on this foreign computer) See you all in January...GO RV!!!

Brother...been here since 1995...read it all. Have just found the level of sophistication and analysis to be lacking...even in the rumor post. I have found most people prefer to read "rumor" first. So, that is a natural place to speak to this audience. Too many people reading this post aren't grounded in sound economics. When I said I slept through my econ classes...I was joking. On a bet I told a fraternity brother that I could pass econ 202 with a "B" or better by simply taking the midterm and final. I'm posting this because I have read everything and believe it is time this community raise the bar and start asking questions that should be asked by investors. I appreciate your advise to repost. Go RV!!!

Jeepguy...sorry you missed that part. Grant was buried in 1812 in Lincoln's tomb. I know the history books say that Grant came after the War of 1812...but history is funny that way.

DinargirlK...you are a fast reader. And Yeh...why would these folks hang out in the chat room? Also, I don't like my "happy" gettin' cramped either! It's just that I've been fishin at this hole that brings up little I can feed my family on. I'm kinda gettin' hungry for something of substance.

Roadrunner...I'm with you. In a more civilized world we should give people a chance to standup or shut up. If Gregg in Ohio can't stand up then I hope he will shut up. However, if he can stand...let him do it with brilliant PHD like finesse. What do you think? Kinglizzy99...how about just seeking credible analysis? Perhaps there are other PHD's out there that are just waiting to chime in. Calling all PHD's (Please Help the Dinar). Did everybody sleep through economics?

Gregg in Ohio. Thanks for your post. I will assume your background acceptable and would respectfully request further education for myself and all members who read this board. Could you possibly be willing to submit reasons as to why an RV would ever happen. I have been following this for along time and don't post often. I'm hopeful, like so many, but plagued by the nagging doubts that are caused by economic reality. I only have a Masters Degree and, regretably, slept through most of my economics classes. I would really appreciate some credible analysis. I think it will help to raise the bar in this forum. Thanks, again. Regards.

My understanding from history is that it is never just one thing. There are a lot of dots to connect here and this could very well be one of them. Interesting.

Really nice job with this post. You could redeem the word "guru" with wonderfully presented material like this. Please continue to post in this area until more of us are accustomed to going to your RSS feed directly. As a teacher I really appreciate a well written paper. Keep up the great work. A+

This is an excellent piece of information...like you I don't know how valid it is. HOWEVER, if a 1/20 note or coin were to exist...that would legitimize an RV at a Pre-War rate. Why? Because (lets say for easier math) the exchange rate was 5 to 1...that will make some of you happy. That would mean that me cup of coffee could still be purchased for .25cents USD equivalent. That would make the Okie's of the world seem, well...not so Okie. This is the kind of information we would like to see. It tells us that a revaluation is most certainly coming. We should all relax on the rest because until everybody is FAT and HAPPY (this includes alot like: HCL, Ministries, debt, infrastructure contracts, and Iraqi citizens with jobs) we will just be going crazy with wild speculation that is founded in NOTHING concrete. Let cooler heads prevail.

Look at the currency they have produced...smallest is a 25 dinar coin. If the RV happens at 1 to1 then that coin is worth $25 USD. Tell me, how will you make change for a cup of coffee or a Big Mac Meal? The only way to make that pencil is to RV at .05cents. That way a cup of coffee is worth $1.25. Do I think .05 is realistic? NO! I personally think the CBI has to print 1, 1/2, and 1/4 dinar notes or coins. They MUST be hiding this...if they aren't then the RV rate must be low. On the other side: They are extremely wealthy as far as countries go. Are they less wealthy than Saudi Arabia, Kuwait? Should they not be on par with these countries, at least? Secondly, if their currency is worthless who will own their country. They will be consumed by foreign investors who will own them...that is assuming you can get foreign investors to come in in the first place. Third, the IMF has requirements for nations who will part of the WTO. Look at China...not a member of the WTO. Why? They won't value their currency at a rate that makes the international economic playing field equal. They have undervalued their currency to gain an export advantage. Iraq apparently wants to be a part of the 186 members of the WTO. In order to do so they need to have a tradable currency that is valued according to their worth as a nation. So, I think the valuation of the currency is more likely to be $1.00 than it is .10cents. Look for any report of the CBI producing notes that are 1 dinar or less. I'm going to get a cup of coffee now.

Along with all the other problems created by crazy speculation is this question. If an RV occurred at $1.00 that would mean their smallest demon...25dinar coin not yet released...would be worth $25 USD. My question is...how do you make change for a cup of coffee? The RV would need to be .05 cents for the cup of coffee to worth $1.25. Even then, it is overvalued. Somebody needs to show me a 1, 1/4, or 1/2 dinar note or coin. If you can't...better hope this is the best kept secret of the CBI. Because if they aren't printing those puppies I'm afraid physical reality dictates that an RV at $3.00 plus is absolutely ridiculous!

Hello all, Found this published by Wells Fargo. I'm not so worried about their advise. Rather, they confirm questions about banks selling the dinar. Figure you've read this...but wanted to make sure you had a credible source. Go RV! Iraqi Dinar as a currency investment Feb 8 20111.pdf

Hello all, I found this article published by Wells Fargo. I'm not so much focusing on their advise as I am the fact that they clearly state the Iraqi Dinar is being sold by banks and other currency traders. I thought this was good confirmation from a published bank source. I figure by now you have all seen it...however, I wanted to make sure. Go RV! Iraqi Dinar as a currency investment Feb 8 20111.pdf

I am a new member as of today. I got on because I wanted to tell you what B of A told me today in Grants Pass Oregon. After dealing with the merchant account teller for a while I was directed to the Asst. Branch Manager. After a 5 minute conversation he decided to get his Memo from Feb. 1 because I told him I was going to tell some people and that I wanted accurate information. His memo from Feb. 1 was in his hands and he read this, "Bank of America HAS NO PLANS to buy or sell Iraqi Dinar Banknotes". Later in the memo it said, "WE REINTERATE...B of A has no plans to buy or sell Iraqi Dinar Banknotes. I then called our Federal Credit Union and the teller called Southwest Corp (they do currency exchange for them). She called me back and said Southwest Bank Corp. says that Iraqi law states that Dinar cannot be exchanged outside the country of Iraq. I quoted exec. order #13303 and General order 39 and all that. Finally, I called Wells Fargo and was told as of right now they are neither buying or selling Iraqi Dinar. So, I guess I have two questions. What does this mean? And, two...how and why is it that so many contrary things have been stated that directly oppose what I was told today. Would somebody like to enlighten us? Find out for yourself...walk in with a dinar note and ask to have it authenticated. You probably won't be finding De La Rue authenticating machines. You will probably have a manager tell you what the B of A manager told me today.

I am a new member as of today. I got on because I wanted to tell you what B of A told me today. After dealing with the merchant account teller for a while I was directed to the Asst. Branch Manager. After a 5 minute conversation he decided to get his Memo from Feb. 1 because I told him I was going to tell some people and that I wanted accurate information. His memo from Feb. 1 was in his hands and he read this, "Bank of America HAS NO PLANS to buy or sell Iraqi Dinar Banknotes". Later in the memo it said, "WE REINTERATE...B of A has no plans to buy or sell Iraqi Dinar Banknotes. I then called our Federal Credit Union and the teller called Southwest Corp (they do currency exchange for them). She called me back and said Southwest Bank Corp. says that Iraqi law states that Dinar cannot be exchanged outside the country of Iraq. I quoted exec. order #13303 and General order 39 and all that. Finally, I called Wells Fargo and was told as of right now they are neither buying or selling Iraqi Dinar. So, I guess I have two questions. What does this mean? And, two...how and why is it that so many contrary things have been stated that directly oppose what I was told today. Would somebody like to enlighten us?

I am a new member as of today. I got on because I wanted to tell you what B of A told me today. After dealing with the merchant account teller for a while I was directed to the Asst. Branch Manager. After a 5 minute conversation he decided to get his Memo from Feb. 1 because I told him I was going to tell some people and that I wanted accurate information. His memo from Feb. 1 was in his hands and he read this, "Bank of America HAS NO PLANS to buy or sell Iraqi Dinar Banknotes". Later in the memo it said, "WE REINTERATE...B of A has no plans to buy or sell Iraqi Dinar Banknotes. I then called our Federal Credit Union and the teller called Southwest Corp (they do currency exchange for them). She called me back and said Southwest Bank Corp. says that Iraqi law states that Dinar cannot be exchanged outside the country of Iraq. I quoted exec. order #13303 and General order 39 and all that. Finally, I called Wells Fargo and was told as of right now they are neither buying or selling Iraqi Dinar. So, I guess I have two questions. What does this mean? And, two...how and why is it that so many contrary things have been stated that directly oppose what I was told today. Would somebody like to enlighten us?

I am a new member as of today. I got on because I wanted to tell you what B of A told me today. After dealing with the merchant account teller for a while I was directed to the Asst. Branch Manager. After a 5 minute conversation he decided to get his Memo from Feb. 1 because I told him I was going to tell some people and that I wanted accurate information. His memo from Feb. 1 was in his hands and he read this, "Bank of America HAS NO PLANS to buy or sell Iraqi Dinar Banknotes". Later in the memo it said, "WE REINTERATE...B of A has no plans to buy or sell Iraqi Dinar Banknotes. I then called our Federal Credit Union and the teller called Southwest Corp (they do currency exchange for them). She called me back and said Southwest Bank Corp. says that Iraqi law states that Dinar cannot be exchanged outside the country of Iraq. I quoted exec. order #13303 and General order 39 and all that. Finally, I called Wells Fargo and was told as of right now they are neither buying or selling Iraqi Dinar. So, I guess I have two questions. What does this mean? And, two...how and why is it that so many contrary things have been stated that directly oppose what I was told today. Would somebody like to enlighten us?

I am a new member as of today. I got on because I wanted to tell you what B of A told me today. After dealing with the merchant account teller for a while I was directed to the Asst. Branch Manager. After a 5 minute conversation he decided to get his Memo from Feb. 1 because I told him I was going to tell some people and that I wanted accurate information. His memo from Feb. 1 was in his hands and he read this, "Bank of America HAS NO PLANS to buy or sell Iraqi Dinar Banknotes". Later in the memo it said, "WE REINTERATE...B of A has no plans to buy or sell Iraqi Dinar Banknotes. I then called our Federal Credit Union and the teller called Southwest Corp (they do currency exchange for them). She called me back and said Southwest Bank Corp. says that Iraqi law states that Dinar cannot be exchanged outside the country of Iraq. I quoted exec. order #13303 and General order 39 and all that. Finally, I called Wells Fargo and was told as of right now they are neither buying or selling Iraqi Dinar. So, I guess I have two questions. What does this mean? And, two...how and why is it that so many contrary things have been stated that directly oppose what I was told today. Would somebody like to enlighten us?

I am a new member as of today. I got on because I wanted to tell you what B of A told me today. After dealing with the merchant account teller for a while I was directed to the Asst. Branch Manager. After a 5 minute conversation he decided to get his Memo from Feb. 1 because I told him I was going to tell some people and that I wanted accurate information. His memo from Feb. 1 was in his hands and he read this, "Bank of America HAS NO PLANS to buy or sell Iraqi Dinar Banknotes". Later in the memo it said, "WE REINTERATE...B of A has no plans to buy or sell Iraqi Dinar Banknotes. I then called our Federal Credit Union and the teller called Southwest Corp (they do currency exchange for them). She called me back and said Southwest Bank Corp. says that Iraqi law states that Dinar cannot be exchanged outside the country of Iraq. I quoted exec. order #13303 and General order 39 and all that. Finally, I called Wells Fargo and was told as of right now they are neither buying or selling Iraqi Dinar. So, I guess I have two questions. What does this mean? And, two...how and why is it that so many contrary things have been stated that directly oppose what I was told today. Would somebody like to enlighten us?