WayCoolJr

Sorry I never invested. I came very close and even talked to someone from Iraq back in 2005 but I did my research and found out the RV is a totally fictional story the sellers/scammers/pumpers/hypers have dreamed up. There is no such thing and it will NEVER happen. Just watch and see and you'll see I'm right with every passing day.

No, the stock market is a lot better than the dinar any day. The dinar has been stuck at 1170 to 1 forver. You can make a lot more in stocks and options.

Now what? No RV on either day or the zillion other days the "gurus" have claimed. The RV is just as real as Daffy Duck. The RV doesn't actualy exist. It's only the delusions of the scammers/pumpers/hypers!!

LOL....you actually mean there's no point in waiting for an RV that will never happen.

I'm taking it straight from the Forex site: In 2010, the Central Bank of Iraq announced their plans to redenominate the Iraqi Dinar to ease cash transactions. The intention would be to drop three zeros from the nominal value of bank notes; but the actual value of the dinar would remain unchanged. That would mean that 1,000 IQD (pre-redenomination) and 1 dinar (post-redenomination) would both be worth the same amount in US Dollars. Although the announcement stated that the change would take place by the end of 2010, there has been no redenomination as of January 2011 and no further announcements have been made. As stated by the Central Bank of Iraq, their mandate is to "ensure domestic price stability and foster a stable competitive market based financial system." http://www.xe.com/currency/iqd-iraqi-dinar OF COURSE it makes things easier. Instead of dealing with thousands and thousands of dinars for buying groceries you're only dealing with a few dinar! The RV is a fictional scheme the dinar sellers have dreamed up to get naive sheep to buy dinar! I really doubt you guys want to wait years and decades to get a few percentage points. You can do that in a few months or a lot sooner in the stock market.

LOL..they wouldn't because they won't get more than 60% of what they paid for. If EVERYONE sold the Iraqi dinar would probably crash and be worth even less than 1170 to a dollar. You didn't read what Networth said then because he said the EXACT same thing I am! He said he did his research and the RV is NOT going to happen. The RV part of it is a scam. I have said all along this is a long term investment with slow growth over years and decades.

No. Just like Networth and a few others here have said I have done my own research by reading, talking to bankers and forex traders and then looking at the HUNDREDS of false predictions by the "gurus" and realized the RV is a scam dreamed up by dinar sellers and pumpers!! That is very obvious when you do the research!! I would ask you to prove me wrong but you CAN'T since the RV is a scam!! Long term investment is what this is and you'll likey only see a gain of a few percentage points over years and decades!

That's not true at all! What if you're just curious about the dinar? That's how I started out and I bet there are others on here who don't own any but came on here to see if it's legit. There are MILLIONS of people, if not BILLIONS of people, on the internet so it's perfectly okay if they come on here just to see if the dinar is a good investment. Looking at all the missed RV dates and negative posts on here plus the reality of how currrency works many people would be turned off from buying dinar.

Sorry dude but you'll be waiting after your life span is over. RV is not happening. Never was or has been a single credible link from the IMF or Forex that an RV of the IQD is real. Just the opposite. www.xe.com, an official Forex site, says there will be NO increase in the value of the dinar!

GT ACE, who is Iwaki?? LOL..Nevermind. Well there is no RV of the Iwaki dinar. If you want to wait years and dedades for a small return that's fine but there is no massive increase in the IQD exhange rate with an RV. That's a total scam dreamed up by dinar sellers/pumpers.

I can do one better than Nut-Job. I had the foresight not to buy AT ALL! I actually spoke to a dinar pumper way back in 2005 who swore on his life it HAD to RV before 1/1/2006 for Iraq to continue. It didn't and he disappeared. I came within a whisker of buying dinar but didn't. That was the verification I needed that this entire RV was a scam cooked up by dinar sellers.

Would the 46 people who said it would happen by June 30th stand up and say something please?

Sorry dude. Even if you wait 20 years the scammers/pumpers claim it will RV overnight and you'll get a HUGE return or even be rich!! That's NOT how currency works and ask any forex trader they'll tell you. A scenario where you make money over 6 years would be if the dinar was 1170 dinars to dollar in 2005 and now it's 100 or 200 dinar to a dollar. That's NOT what's happened! The scammers still say it will be a get rich quick overnight RV which is right out of the comic books!

You're missing an RV!

Guys you gotta be realistic here. NEVER is a strong possibility too. I first heard about this in 2005 and it started in 2003. Some people in banking I talked to back then said it would NEVER happen. They are all 100% correct and get more correct with every passing minute, second, hour, etc. All you have to do is talk to a forex trader or do a little research and you'll see any kind of overnight get rich quick RV is pure FICTION that was dreamed up by dinar sellers to sell more dinar!! And boy has it worked!! They have sold MILLIONS of dolllars worth since 2003!

The RV announcements and rumors have gottten so hilarious that Jay Leno should be making them!

Yeah, he may come back BUT he's just going to giving the same excuses Okie and the rest have been giving for 5+ years. He'll just pull another story out of "Greatest scams in Hisory". There is no RV and never was. It was purely dreamed up by dinar sellers to sell more dinar! As others have noted it has worked for them since an INSANE amount of dinar has been sold over the past several years! We're talking MILLIONS of dollars worth all over the world! I heard and actually talked to a pumper back in 2005 who swore Iraq couldn't even continue if the RV didn't happen before Jan. 1,2006. He disconnected his phone the first week of 2006 never to be heard again. The RV has been a scam from the start and anyone who speaks to a forex trader or does a little research will easily see that! It's a LONG term investment that will takes years and decades for a gain well under 100%!!

EXACTLY! RD simply makes it easier to handle cash trasnactions as it says on the Forex site www.xe.com under the Iraqi dinar. It actually says the value of the dinar will NOT change but for some reason people have the delusion that it will!!

EXACTLY. The entire mythical RV concept was simply dreamed up by the dinar sellers to scam innocent people!! This is a LONG term investment guys! We are talking many years and even DECADES!! It is NOT a get rich quick scheme which is what most people seem to be looking to get out of it! Even after years and decades you're talking about a 5% to 50% increase give or take a little. NOTHING like 1000%+!!

Ok, I stand corrected. That means Iraq has lost BILLIONS of dollars in the last few years. Their latest GDP is $65.8 billion. Yet in 2008 it was $90 billion! NOT good! All the terrorism, infrastructure problems, and infighting has cost them a LOT of money! GDP per capital is even worse. It's only about $2000. That would put Iraq at higher than #100! Any way you slice it Iraq is not rich!!

If you don't want to be disappointed then invest in an concept that actually exists. The RV doesn't and it was purely dreamed up by scammers and pumpers. The very fact that you're fixated on this date shows me you're not in this for the long haul and a nominal increase of 5% to 50% over many years and decades and that's ALL you're going to get!

LMAO!! You are not only ignorant but downright delusional!! You have NO IDEA what you're talking about! If you had any idea of what a rich nation is you would not be calling Iraq a rich nation. It's GDP is $65.8 billion which makes it about #67 in the world behind Bangladesh!! http://www.worldsrichestcountries.com/ Not only is Iraq not rich it has so many problems with political and economic instability that it's dangerous place for any decent investment!

We are kindred spirits buddy! I also did my own research and came up with the SAME that you did!! It's a scam through and through that was simply dreamed up by the dinar sellers and pumpers!! It's a LONG term investment that could take DECADES and only see a 5% or 10% gain! Could be 50% but we know one thing FOR SURE. There is no RV!

If you actually bothered reading the OP's post he asked why the RV didn't happen on June 30th. I said the RV is a scam. That's the reason 99% of people invest in the dinar. People aren't investing to wait 10 to 20 years for a 5% to 50% increase. Do a search on the Iraqi dinar investment and you get so many results for the dinar RV and riches that can be made! THAT is what I mean. I've already said that it is VERY likely the dinar will go up a few to several percentage points over many years and decades. But be realistic. Iraq is a 3rd world nation with the constant threat of terrorism. Not exactly the best place for a great investment!!

Don't worry. The scammers will create another fictional story and make up another fictional conversation between "big whigs" who know when the RV will happen. Then it won't and they give another excuse and you repeat the whole cycle again. Just repeat again and again as more and more people drop off the bandwagon.