Willie1505

Offer me a dime and I'll cash out so fast it'll make your head spin! It'll be the best investment I've ever made by far. Best wishes to you all who think you're going to get $1.00 or more without a lop. I don't think it's possible but for your sake I hope I'm wrong. Won't matter to me. And I will have no regrets whatsoever! Go RV!

If they reinstate at $3.22, they will have no choice but to delete the three zeros from the currency, not the rate. There isn't enough wealth in all the world to confer such value to any currency with so much outstanding paper. I was hoping for more but will take that just to have the matter settled. It'll be a 320% return on investment, which isn't bad.

IRS website says "profits from sale or trade of currency is taxed as regular income regardless of how long the investor has held the currency." So be prepared to lose half between Federal and State taxes.

Kap's article explains precisely why they are talking about a 15 to 1 revaluation (15 Dinar to 1 Dollar). That's about $.066, which is an incredible return on our investment. I can't speak for you but I've never invested in anything that provided a 60 times return. Once this is done, they can begin to reduce their money supply and the value of the dinar will rise over time. Yet they will, in all likelihood, eliminate the "000" notes to force us investors to cash them in at the new rate. Those willing to buy back in a 7 cents can ride it out into the future. I'm taking my 6 cents and not looking back. Go RV!

Luigi, if the Iraqi Dinar revalues at $2,50 I'll give you a million Dinar! I'm hoping for the "15 Dinar to $1" that was quoted recently. That will give us a 66 times return on our investment; and that's incredible. I'm just not sure they can afford to revalue at $.06. But I'm hoping! There's not enough wealth in the world to value 70 trillion Dinar at $2.50! So don't lie to these people!

I'm hearing credible rumors that negotiations are underway to initiate an exchange of Iraqi Dinar for XRP (cryptocurrency) at a 1 to 1 level. That would be huge as XRP is trading today at $1.20. Can any of you experts confirm, deny or expound on this rumor? Thanks in advance for any input you may have to offer.

So Breitling, you think the government of Iraq is lying when they publish that their M1 money supply is 44 trillion dinar? Why on earth would they exaggerate this number?

but we're comparing apples to oranges when comparing the Iraqi dinar with the Kuwaiti Dinar. Kuwait has an M! money supply of ~13 Billion KWD where as Iraq has an M! money supply of 108 TRILLION IQD. There isn't enough money in the world to convert $108 Trillion IQD at a 1 IQD to ! USD rate. The total value of all the currencies of every nation on the planet is around $42 Trillion USD. It seems a stretch to me that they could revalue at $.10, though I hope I'm wrong. At this point, I'd be thrilled with $.02 or $.03 per IQD.

I'm a novice at best but have owned IQD for 12 years and am excited by the news I'm reading these days. But can someone more knowledgeable, and that probably includes most of you, explain why it wouldn't be the smartest move possible for Iraq to "revalue" their currency by removing 2 zeros from the current value ($.0006896) to lift the value to $.068 and declare that "big bills" will only be accepted as valid currency for 90 days? That would allow them to retrieve all the foreign held currency and draw down their M1 money supply to something manageable. At that point, with an M1 supply of say $4 trillion, they could justify revaluing the currency at 1 IQD to 1 USD. At present, if their M1 is anything like the 44 trillion it once was, there is no possible way they can support a 1 to 1 revaluation. That'd be more monetary value in 1 nation's currency than all other nation's currencies combined. And why would anyone here be disappointed with a revaluation of $.06+? That's a 60X return on our investment. I, for one, would be thrilled with that. So can someone help me understand why that wouldn't make the most sense for the nation of Iraq? Thanks for your input.

$8.00! I'll take 8 cents and be thrilled!!

They can have all of mine for ten cents per dinar. I'm not a greedy man..... So go ahead and make my day!