NotMyFirstBBQ

True, but if there are authorities already reading the forums and following up on IP addresses then most of these goofs have already sunk themselves. I'm a police officer and have been chatting to a few lads about what has been taking place by these freaking "gurus". People above my pay grade at least. If any of them are linked up to dealers then it constitutes Fraud, plain and simple, if this thing doesn't pop. Even if it does, some of the info they have been pumping they may still be liable for. Could get interesting for a few of these clowns.

I've been reading, and stopped posting, for the past month or so. In that time I've been reading up on RD/LOP's that took place in other countries. The more I've read the more I've quit dreaming that I am going to be a hundred thousandaire and up. However, I really believe that what Shabs and the like are saying is the truth; especially Russian Huey. I think that we are in good shape to triple up our money, but I"m pretty sure that is about it. Over what time frame... I'm hoping that the Iraqi Radio is an indicator that this thing is sooner rather than later.

Right.. I've seen a couple of Aviana's posts before... straight BS

What is the "TRUTH", pray tell?

So your Million Dinar stock in xyz is worth all of what.. $870 USD and you're concerned what it will be post LOP? The LOP is only to bring those two number closer together. I'm not a financial expert but there's a pretty big discrepancy between what the Dinar/USD are valued at now. Post LOP those numbers will hopefully be more inline, or more hopefully the Dinar will surpass the USD. So I don't it will negatively effect your investment at all. Just read up on a few LOP's. There are many articles floating around on the internet in regards to Brazil, Turkey, Ukraine etc. I don't see how Iraq is that much different.

Lol, riiiggghhhttt... you mean like when Okie tells Athena who tells Bondlady who eventually tells Med saying that they have a "very high source" and their "intel" is "very accurate". I can't read anymore of this BS. It actually is starting to make me laugh every time I read it. Especially now how there is apparently a computer in control and it is random and it will stop on a day/time or some BS like that. I COMPLETELY disagree with the ideology that this is the 'rumor' section and therefore anyone can post what they like. If someone has information through a legitimate "source" and it has a potential to have a kernel of truth to it, I'm we'd all like to hear it. Not this utter nonsense that is being spouted. I know, I know... this is a negative post and I'll get bashed for being a basher. But lately these 'rumors' and posts by these "guru's" have gotten so ridiculous it is hard to give them any credence as they sound like school children on a playground. IMHO.

How in the hell is "LOP talk" a way to "get people to buy more"???????? The more I've read on currencies redominating/revaluing the more I think Russian Huey and the like are right. I just hope it will RV to 3.20 or so after the LOP so I can triple up. I can live with a $20,000 gain no problem.

I respectfully disagree, on this point: One $25,000 Dinar note is the equivalent of $21.28 USD. I hardly think that bringing that $25,000 Dinar note to a $250 Dinar note will create "civil unrest" or a civil war if its value is still worth $21.28 USD, nothing changes... NOTHING, except the amount of zeroes on the bill. The VALUE of that note is still the same internationally, and within Iraq, the only thing that has changed is the numbers (the zeroes) themselves on the bill... again... NOT the VALUE of the bill. Of course, this is just my take on things. There are numerous other countries that have done LOP's, so just read up on them. I really don't understand why people say that a LOP "cannot happen", it sure as hell can and there are more than a dozen examples in history to prove this point. Heck, Brazil alone had something like 4-5 LOP's before that last one finally took and their currency stabilized. I agree that inflation is under control in Iraq, whether that be for the short, or long, term we don't know. I've posted under LOP Talk the links from an Iraqi Gov't official who said that they are using Turkey's 2005 "redomination", or LOP for us here at DV, as a model for their own "redomination". I know it isn't pleasant to hear and none of us want this, but to say definitively that a LOP "won't happen so get off of it" is, IMHO, foolhardy. BTW, I think about 99% of us on this site are UNQUALIFIED to give EXPERT opinion on what will, or will not, happen. So suggesting that the people who broach the LOP talk, "HAVE NO CLUE" is to insinuate that you do. I, for one, would like to see your credentials showing me that your economic expertise outweighs those opinions, thoughts, that do not align with your own.

Wow, you must hang out in some elite company. I only know one multi-millionaire, an uncle of mine and that is because he's an extremely smart man with the right pedigree. It took him 15-20 years of investing, but he is now a multi-millionaire so I don't know about this "overnight" stuff. That said, I don't think that Iraq can afford to have $25,000 notes floating around on the street if their Dinar does hit the free market. All Iraqis would hang onto that like a Mickey Mantle card. They'd be doing the same thing we are. I agree, why be negative on this thing and start calling names? I hardly think that any one person on here has the straight facts and tell everyone EXACTLY what is happening. Because one article is read from IMF that merely states what a set rate will be doesn't mean that there will not be an RV. As a matter of opinion, if you look at the numerous other countries that have gone through this process i.e. Brazil, Venezuela, Turkey, Ukraine, KUWAIT, they have all gone through a RV of some kind. So, I personally, do not think we are SHEEP. As a matter of fact I think most people here are anything but. I have told friends about this and have received the quizzical brow in return. I am hoping for any type of return on this, obviously the larger the better, but I don't think we are "sheep".

Get off the LOP talk? You refer to the US bringing in these bills in 1878 and finally repealed in 1933, so just shy of 50 years. Maybe if we wait for 50 years we will have the same thing happen with the Dinar, is that what you're referring to? And I can quote LOP's that happened in: Venezuela, Brazil, Turkey and the Ukraine PLUS more that did use the LOP to get their currency under control. I'm not doing this to bring down this investment, I have more than a few Dinar myself, but to completely discount the possibility is to set yourself up to be greatly disappointed. IMHO, a country that basically has 27 Trillion+ in circulation while having little to no infrastructure and a population base of 30 million, 7 million of whom do not work, is too high. This is the reason why I feel a LOP MAY be an option. I would have to search to find the link, but an Iraqi Gov't official said that they are using Turkey's 2005 revaluation as a template for their own. I don't know if it was true, or someone just spewing BS, but it was here on the internet. Turkey did a LOP, BTW. I think that the guts of this thing will come down to how much Dinar the Iraq gov't can reel back in. Lastly, I believe that the US will get theirs. With a suspected 3.7 Trillion investment in Iraq I believe that they will be paid this amount, not 37 Billion (if a LOP happens). But this is based purely on blind faith.

Wow, I couldn't even finish reading this rumor In regards to France, maybe they're seeing what is happening in Iraq, financially, and think Libya could be a smaller version of that. So now France has put its name in the hat this go around to reap the potential windfalls.

MikeRite, I had an hour long conversation with the people over at USDinarBank.com when I first heard about this investment. Personally, I would have liked to have an account at Warka with my Dinar over there and so that is why I liked their set up initially. I kept asking questions and that is one of the things I was told by them, that if they do RV it will be "illegal" to have Dinar outside of Iraq. Not only that but it will be seized should you try and bring it in. Etc. Etc. As I kept talking to them they basically were very pushy to try and get the sale and emailed me the form for me to fill out within seconds and sent two more follow-up emails to ask if I had completed the form. I did a second call with them once I started reading a bit more about the Dinar. I asked them what their fees are and this is what I found out: Warka Bank in Baghdad pays a 2% monthly/annual (can't remember) rate on the money in the account, which is the same % USDinarBank charges for "managing" the funds, so that is a wash. Now, your funds no longer are "your" funds, they are put under the account belonging to USDinarBank and they can do with them as they see fit. Now for the big one... if you want to take out your money, pre or post RV it is a 20% fee!! So lets play pretend: You have 10 million IQD and it RV's at a 1 for 1 rate. That means when you go to withdraw from the "fund" you pay 2 MILLION to USDinarBank.com for them "managing" your money. As far as I'm aware the bloody money is just sitting in account, probably collecting more than the alleged 2%, so I don't know how it is being "managed". All this company has done is open up a bloody account in Iraq and try and get individual investors, such as us, to help with the fund. Their big money comes from the RV, whether it is for 300% or for 100,000% that company makes a large profit off of YOUR money. They have written these things to use them as scare tatics so that you will not go through other Dinar Traders but will chose them. They are very unscrupulous in their methods and are absolutely barren of any type of professionalism. After my few dealings with them and my own research, I would not give any weight to what those people say due to their absolute willingness to lie to get people to sign on with them, and basically to steal your money.

Billy6, Did you get this "cannot cash in without being in Iraq" idea from USDinarBank.com? I'm sure others will agree, once this thing is traded globally there should be many places to cash-in, if not only the Dinar Currency Traders (i.e. DinarTrade.com).

Let me get this straight; I'm a business man and I sell Dinar in which I make multi-millions each year from these sales. There are probably 4-5 major websites/forums in which I can reach a massive audience to sell my wares and make a profit. I am going to go to one of the major websites and get into an argument with one of the people who originally started said website. In the course of getting into a spitting match I will, potentially, lose thousands of clients in the process and therefore potentially having a negative affect on my business, and potentially losing hundreds of thousands of dollars in sales. Personally, I don't see it. Lord knows all Ali has to do is sit back and let TK, Athena, Med, Okie etc. etc. get on one of these sites and let them go.... They are the biggest advertisements for the Dinar anyways.

Maybe it's just me but everytime there is a political figure (current or old) in the ME, these 'gurus' say to "watch them!" I recently read that Sara Palin is in Israel, so should I be watching her as well?? Lord knows she has some political pull in the international world.