speculatorsRIDE

There will be one rate for the dinar post revalue. No matter if you own 50 or 50,000,000 IQD, each dinar will have the same value. There is speculation that some folks are working out a special spread (cost of exchanging dinar to the bank) for their groups, but no one is willing to reveal these special rates at this time. The old adage "beware of a wolf in sheep's clothing" comes to mind.

I don't mean to burst any bubbles, but, the key words are "purchasing power". If that link above takes you to the original article, please copy and paste the article here. On the issue of deletion of zeros from the currency "I think that this may have been in Turkey and will not have any effect, either positive or negative.", (No effect either positive or negative means value neutral, ie re-denomination) Adding: "But if what has been implemented correctly and I mean here properly is to keep the same purchasing power of the currency after deletion of zeros if there was a thousand dinars, and after deletion of zeros has become a must for this dinars (1) dinar to have the same purchasing power of one thousand dinars. " Read more: http://dinarvets.com/forums/index.php?/topic/117476-world-bank-confirms-1000-dinar-before-raising-0s-is-still-1000-dinar/#ixzz1v9dn8hDC

I cannot supply you with the contact info, however, I can confirm that all of the IQD I purchased from my bank came from the Federal Reserve. My banker confirmed this for me. The IQD was a dirty little secret that the masses weren't suppose to know about. It seems that this speculative investment snowballed in popularity and the Federal Reserves reserves were purchased by investors. That is why the banks stopped selling dinar. It was a simple case of supply and demand. Demand depleted the supply.

The glaring similarities between the Iraqi Government and the US Government would be comical if they weren't so tragic. The fact that they need to sit at the negotiating table and resolve the outstanding problems of implementing Erbil, after they already agreed on the terms of Erbil is preposterous. One step forward and two steps back. Maliki and his cronies are diligently stalling the progression of Iraq in hopes of civil unrest and an end to democracy.

Who da thunk? 400 posts on this thread? and Lincoln outed too? Thanks Randalln

rewamoed? What the heck is rewamoed? [dinartrade] My fee will be $150 / million IQD you exchange we will be anouncing a rewamoed exchange procedure in the near future we will buy it back at the CBI buy rate

The portion of chapter 7 sanctions dealing with arms was lifted just prior to our troops pulling out. The only remaining sanctions are those that deal with Kuwait borders, artifacts, lost citizens bodies, Port Mubarak, and restitution for damages that occurred during the occupation.

And this would be your opinion. Thanks for weighing in with yours. Speculation is nothing more then opinion and this did not come from on high.

Or this is smoke and a RV is imminent. Time will tell.

You sold out and yet here you are wasting your time following an investment that you no longer hold or believe in. Interesting. Very, very, very unlikely, but interesting.

real real soon is much sooner then real soon and much much sooner then soon and not quite as soon as real real real soon which is much much much sooner then soon. Hope that clears up the whole real real soon thing.

Things that make you go hmmm.

Note to cgbrown....thanks for taking the time to comment. Much appreciated.

What up Adam? Crazy ride for sure. Let's Assume. Let's assume that you are a single man. Let's assume that you have been blessed in life. Let's assume your 2 grown children are out on their own and successful. Let's assume your home and vehicles are paid for. Let's assume that you are financially secure. I know that's a lot of assumptions, but let's go further. Let's assume that you walk into a casino with a thousand dollars and win a one million dollar jackpot. Let's assume that after taxes you walk with $680,000. Now, here's the question. How much of the $680,000 do you use to purchase more dinar? and why? Depending on your response to that question, if there is any left, where and on what do you invest the remaining amount? and why?

Those of you that scoff at the idea that Ali has a bank in Iraq had better hope that Iraq doesn't re-denominate and close the borders as they did in the past. If this happens, the dinar you hold outside of the borders will become worthless. Ali and his bank may become your only hope of receiving a return on your investment. Ali has stated that he will be cashing out at the CBI rate with a $150 transaction fee per million. Good luck finding a bank that will meet that spread. Just something to ponder the next time you decide to bash Ali.