BryanGT3RS

Can anyone confirm if the $21 Billion that was recently(supposedly) paid to Kuwait designated for commercial payments or towards Chapter 7 reparation? I continue to hear yes and no in equal measure. Thanks.

Maliki has probably already "lost" the DFI funds (we just haven't been 'told' yet) so no deadline there but if it doesn't happen before the Arab Summit, start thinking 2012.

Might want to be careful when attempting to save a buck or two. With all the UST "rules changes", specifically needing "proof of purchase" at cash in time, better make sure you have everything regarding the transaction in triplicate. JMO

Finally! It's so nice to see someone bring a bit of humor to this "stress pool". Everybody seems to be coming unglued.

I thought the same thing. Read it last week but I believe it mentioned something about a "Contractor" in Greece being payed the same way, same amount. Let's hope it's a 'new' rumor. I can't help thinking about this one. Aren't we very near to the Anniversary of the Kuwait RV date? Coincidence??? I just keep hoping that it will RV before the Arab Summit because after that, it's anybodys guess. Hmmmm, now that I think about it, it's already anybodys guess. Nevermind......

I'm not sure about the date, is this from today?

Rumor has it that when they aren't swapping as many dinars for dollars, that's a good sign. IDK

I hope this is true and I will gratefully admit to being oh so wrong! I was told that there would be a spread between the CBI rate & our cash 'in' rate along with a bank spread(for those that choose to run to the bank). I'm wrong! I'm wrong!! I'm wrong!!! Perhaps if I say it enough times, we can all come out better off.

If any of these people that claim to have Intel actually did, they'd be much too busy buying more Dinar to ever sit down and spill their guts 'in' a Forum. I do have to give some of them kudos for creativity along with a lack of conscience. To ride the roller coaster to nowhere is a brutal way to go. If the RV ever does happen, it's going to show up on the Bank of International Settlement site before the CBI or the Forex and it must happen before the Arab Summit. I know this because my neighbors daughter works at a bank and she recently overheard a conversation between the janitor(yes, he was wearing boots) and the woman that is head of New Accounts and she told him that his wife called and said she didn't feel like cookin' and to make sure he brought home some 'dinar'. Remember, you heard it here first!

I've heard that the BIS is the first place that you will see an RV show up. Not the CBI nor the Forex. Hope you get some answers to your questions.

Keep in mind that @$1.17 you would only be a millionaire until you went to cash in and actually become a millionaire. That's when the CBI will take their (est.) 30% spread and then our wonderful govt. takes a min. 35% for taxes and you're an instant half a millionaire. Then considering all the taxes for everything you buy after that, in essence you end up being a third of a millionaire. So rather than be happy at that rate, you should pray that our govt. doesn't rip us off again as usual. JMO

Insane! He of all people should know that when the US Govt. is involved, especially as heavily as they are 'in' Iraq, anything can happen. So many people have been waiting for Monday for longer than they care to think about and for all we know, Monday may never come! He should be grateful he has a job and either get back to it or find one he likes because he could be waiting for an RV/RI forever and it still might not be long enough. JMO

He has been interviewed the last two Wednesday nights on DD Radio and this is only a small piece of all he had to say. He has quite a background 'in' foreign currency trading as well as also being invested 'in' the Dinar like most of us here. Perhaps he was banned because he predicts a very bright future for Iraq, 5 to 10 years down the road and as that's just his guesstimate and he's unable to confirm his thoughts, he's looked upon as a pumper. At the very least he's a wealth of Forex knowledge and worth an openminded listen. IMO of course.

If it came in at $.01 or $.10, all of Iraq would be owned by foreign investors the first day it hit the Forex. Serious investors, long term investors, the type of people that see the value as with anything else is in going long term. They know that the infrastructure will be built up from outsiders coming in and developing their country, not from one person with a hammer and a saw. Just as in our country, nothing here is based on anything more than $$$, it will be the same there and when a country is sitting on that much gold, give investors an 'in' like that and it's game over. Most dinar investors seem to think the RV/RI is the end of the road, I disagree. I think it's only the beginning. Once things open up and 'real' money comes 'in', give it 5 years and this will be the 'hub' of the ME. I still believe it will come 'in' between $1.50 & $2.00 with a managed float. The only things to fear are an actual 'Lop'(not the removal of the three 0's just after the decimal point but a loss of the 'visual' 0's) or a deadline to cash 'in' but knowing how much was invested 'in' creating the 'new' IQD as well as the contract to use it, let's hope that won't be an issue. All of this is IMO but if you cash 'in' a little, breathe a bit, then go another 3 to 5 years, that's when you'll see this take off and the $3+ we all dream of now might be a joke as it will more than likely be higher by that time. Just hang 'in' there, it's gonna happen. Wait till the big players get ahold of this place, you're gonna have Starbucks fighting with McDonalds for every well lit street corner lot 'in' town!

People have been posting this for days. Just hit the Home button and it should go back to normal.

If the Iraqi currency is supposed to be taken seriously and 'traded' globally, the Lop makes no cents....or is that Dinars.

If you ride this "Ridiculous Roller Coaster" based on every 'click' on the track, you'll go out of your mind (and right into the hands of the pumpers and dumpers). The RV/RI is only the beginning, not the end. If you aren't looking at this with at least a five year 'plan' then IMO you must already have a seriously crazy amount of Dinar on hand. Barring a Lop or a 'time limit' on cashing in, you should really be thinking about just how amazing Iraq will be once they finally get an infrastructure built that will allow them to majorly increase oil production as well as attract big time businesses to open up there. That's when the Dinar will really be worth something. Iraq isn't going anywhere but up and I for one am looking forward to an RV/RI as a signal to the start of an amazing adventure, not the end of a long(for most of us) and stressful ride. Again, IMO.

Are there any of these Sites left that have any 'useful' information? It's just relentless copy & paste from each other, one circle of crap. I waited a long time before I ever started looking at the Forums, until after the Sanctions were lifted, didn't want to be involved in this junk. Perhaps I should have waited longer. I love to laugh, as much if not more than anyone but this is neither the time nor the place.

Perfectly put Captjohn! It appears to me that they gotcha comin' AND goin'. They 'pumped' you up and lured you in with their "make millions overnight in your underwear with zero effort" promises and now they're getting you to 'dump' everything before the RV with all of their false hope doom and gloom. For them, it's a win/win and for you, well, for you it's just a scam. I have been invested for a while but stayed away from all the Forums as a way of avoiding the Roller Coaster to Nowheresville. Until the Sanctions began to be lifted, nothing was ever going to 'happen' in Iraq. But that was the beginning and if you remain focused on the big picture, concentrating on what has been confirmed as completed and stay away from what people perceive has or hasn't been done(based on spoon fed news and intel), without any type of a self imposed timeline set in stone, you will be able to hang in there so much easier. The only thing you should fear at this point is a Lop. The Lop is the real enemy here. Iraq isn't going away, at least not anytime soon. So many entities are involved(and invested) there now that there's no way they are going to let that happen. Therefore, when you stand back and look at things, you realize it's only a matter of time. And if you look at the timeline of Kuwaits 'come back' you will see many similarities. Of course this is all JMO but I really do think if you hold your ground, it might be days, weeks, months, even years but eventually Iraq will play a huge role in the world. No matter how many hybrid cars they build, oil will continue to rule the market and with all that Iraq is sitting on, people are just chomping at the bit to get to it and they are willing to pay big money for it. They just weren't able to. Until now. If you can just let go of the "common sense" and "don't they care about their people"(which it should be pretty obvious by now that they don't) Americanized thinking, that will also help. So just stay the course and try watching the Roller Coaster from the Loading Zone as opposed to the front Car. I bet you'll feel alot better.

PHEW! TG for a bit of positivity. My Laptop died yesterday so no Internet until now. First thread I went to, everybody was all negative, saying it was already over and there wasn't going to be an RV/RI at all. Basically the entire thing was a ruse. Then I come to this thread and thankfully there are still some people hangin' on to the dream. Nobody knows if and when but to already be throwin' in the towel seems self defeating to me. Until it's a sure thing from ALL sources that it's over, Iraq is physically wiped out, a complete ghost town, I will continue to hang on to any bit of positivity I can. So thank you to all of you for hangin' on to whatever bit of hope there is left.

I admit I shouldn't have over reacted but I read some stuff from 'okie' and I got so damn excited that I pretty much spit out most of my teeth. But luckily for me, my Brother In Laws Cousin who knows a woman down the street from him(she manages the Trailer Park) who's daughter is married to the son of an Assistant Mgr. over at our Local B of A and the son just happens to be a Dentist so with all of the intel I've been getting from the B of A 'insider' as well as my connection with his Son the Dentist, once this RV hits at about $9.90, HELLO NEW TEETH!

Just read this on one of the 'other' sites and definitely an intelligent sounding read. So much makes sense but I'm beginning to realize that you can pick parts out of each 'story', depending on what you want to hear, that will either lift you up or take you down. The 'numbers' are so varied at this point that I have no other option than to just sit back and let everything play out as it's going to. Tomorrow, two months, two years, who knows at this point. It is what it is(if it ever even is) but to all of you that have ridden this Roller Coaster for years, you all deserve Hazard Pay(in the form of a decent RV, of course).

Great Post, no matter how much I don't like it. I have not been in long but the most difficult part of all of this for me to swallow has been the discrepency between the 'numbers', from $.01 thru $4+ and beyond. And even more difficult is the fact that the reasoning behind all of these guesstimates seems as legit as the 'credible' info will allow. My biggest fear would be a 'deadline' for turning in your Dinars that would force you to accept a certain 'low' rate but if the ride continues with hopes of eventually reaching the $3 zone, then that's life. Unfortunately only time will tell and who knows how much time that will be. I will just have to wait it out like everyone else, doing my best to watch the Roller Coaster from the Loading Zone as opposed to being in the front car. It's hectic enough here, let alone on the tracks!

To my understanding, if you look into the cost and effort that was required to create, deliver and distribute the 'new' IQD, it's highly unlikeley they will be considering going through all that again. And if as Darin said, their 'contract' won't allow it then that's even more evidence to support that they must "run what they brung".

I can only hope that we have this diversification 'problem' to worry about. I'm so amazed by the huge gap between the 'guesstimates' on the rate. From $.01 up to $4+ and beyond, and each with loads of people with good reasons for why they 'think' their guess is best. Let's hope that Tiffanys advice will be a key factor and that we have more to decide on than whether or not to get two twelve packs of Becks or one Becks and One St. Pauli.