PittsburghPete

Why Forex Iraqi Dinar is Fighting Its Bad Reputation There is no doubt that the last decade has had devastating effects on the Forex Iraqi dinar and on the country of Iraq in general. Like most war-torn countries, Iraq has seen a drastic drop in the value of its currency. Nevertheless, the dinar is slowly showing signs that the worst may be over. The rebuilding process has been a long time coming, but the Iraqi government and economy are slowly starting to get back on their feet. Amidst continued conflict, oil production has remained a flourishing export, pumping money into the economy and keeping the national currency surprisingly stable. As American troops prepare their exit strategy, there are sure to be tough times yet ahead for the Iraqi nation. Nevertheless, Forex investors are cheering at the prospect that the Forex Iraqi dinar is taking its first baby steps on the road to revitalization. Why the Time is Right to Invest in Forex Iraqi Dinar Although the Forex Iraqi dinar may not be in the clear yet, smart investors realize that now may be the best time to invest. Compared to most world currencies, the dinar is valued low and inflation continues to rise. While this is bad news for the citizens of Iraq, it means that investors can trade dinar at a lower price than they can trade many currencies. As Iraq continues to rebuild, however, the dinar will build up steam. Iraq’s oil rich sands may yet earn their country a place alongside the wealthiest nations in the world. When this time comes, those who have invested in Iraqi currency will reap the rewards. As the old saying goes, you should always buy low and sell high. While the Forex Iraqi dinar may be low today, it will certainly rise in the near future.

LMAO, Frank's lady friend speaks with a Beaming Serviceman in the airport and this is news. You cannot make it up. The serviceman smiles and says he can't say much more because his leader is nearby. Bahahahahhahahahahahah!!!!!!!!!!! . Delta says sometime between December 15th and the end of the year, Frank says January. And where is th evidence? Where are the facts to back it up? Don't be the sheep folks. Get your own intel from credible sources such as the CBI and IMF. Frank, for the love of god, end this misery for your followers and turn yourself in to the fraud department.

Don't believe any of the Chapter 7 Nonsense. The UN has nothing to do with a currency revaluation. I keep telling you guys follow the CBI, IMF, US Treasury, and WTO. Those news sources are the only credible ones regarding an RV. I believe we are close though; U.S. troops on there way out and Maliki's Washington Post columnt, those are great signs. I still say its coming out at 100 IQD to 1 USD. They just can't afford anything else. But I like the fact Maliki is talking investments and infrastructure in his column.

Great Points! Still waiting for someone to show me the evidence Iraq has pulled in the majority of the 27 Trrillion Dinar in circulation. .10 cents even seems high. Based on the economic data available, I am betting it comes out at 100 Dinar ro 1 USD. Over time it will raise in value, but not instantaneously like some of the dreamers believe. Remember, Kuwait had very little money in criculation so their RV was huge. Iraq does not have that luxury. They will not LOP it because that would cause massive economic losses to the businesses already invested in Iraq. Even if it comes out at 100 IQD to 1 USD you would have made 10X your money on a $1,000 bet. I am sorry but most people never see those kind of returns in their lifetime on a single investment. Take your winnings and be hapy.

I agree with Mike that Frank is a con man. In fact, anyone who combines religion with investing should not be trusted. Smart investors do not rely on faith, but data and analysis. Once again I'll quote Mitt Romney ($100 Million investor). "Always replace emotion and opinion with data and analysis when making business decisions." The so called "Gurus" use innuendo and plattitudes to lure their sheep. Don't be fooled by their empty promises and bold faced lies. Follow the CBI, IMF, and WTO regarding Iraq. Anything else is heresay. I believe the Dinar will RV but not at $3.00+ like the gurus purport. Iraq has $27 Trillion Dinar in circulation. They cannot afford to cover that with an RV of a $1 or more. Please, someone show me the link that says there are less Dinar in circulation than I am reporting. I am no lopster just a realist.

Earth shattering news from Steve "There has been so many huge news events over the past two weeks, that one can only anticipate something will happen very soon. It will happen when we all least expect it." LMAO Steve and the other gurus purport to have knowledge but never back it up with facts, credible sources, or verfiable data from the financial markets. Memo to Steve and other gurus, platitudes and innuendo are heresay in the investment world. Give me the facts Steve, Give me the facts. "In business, I always based my decisions on data and analysis rather than emotion and opinion," - Mitt Romeny ($100M plus business leader). Ladies and Gents, this is an investment and poor investors lose when they rely on the Steve's of the world. My advice to all of you is to turn off the gurus and pay attention to the CBI, IMF, and WTO. Those organizations will give you information pertinent to the Dinar. And by the way, no one on this site has been able to explain how in the world you can RV a currency at 1 IQD to 1 $USD when there are $25 Trillion Dinar in circulation ( as stated by the CBI)!!! No one has that kind of money. So please, if someone tells you this thing is going to RV at 1 IQD to $3 USD please laugh them out of the building.

Spare me the Jesus talk. Last time I checked that guy didn't advocate Capitalism. Only the head of the CBI knows the date and the rate, and you ain't head of the CBI. Also, please Frank, explain 27 Trillion of Iraqi Dinar in criculatuion and help me do the math as to how you get a $3.00 RV? You make Jim Jones look like a prophet. Please give me facts Frank, I am waiting.

Dreamers, you need a reality check there is 27 Trillion Dinar in circulation. Iraq just an extension on the DFI Fund. Why in the world would they RV their currency with that much money in circulation. Kuwait had a fraction of that before they RV'd. Do the math. Iraq has to get money out of circulation before they can RV.

The number of Americans invested is closer to 3.5 million. I feel the RV comes in at .10 cents. There will be a run-up after that and it may settle in at $1.00.

Agreed, no one can explain the math,

No one has explained how Iraq can afford an RV of more than .10 with 27 Trillion in circulation. Someone please show me the math.

My gut tells me RV at .10 cents. CBI removes large bills from marketplace after cash in. RD after a year.

Someone help me understand how they can LOP 3 zeros without upsetting their entire economy. Foreign investors are going to pull out in droves. Additionally. what if I open a Warka Bank account and deposit $1,000,000.00 Dinar? Can they just delete zeros from my bank account? This makes no sense.