roseserv

I do hope he and everyone else is doing well, but talk about that feeling of being forsaken! 😆

Thanks Adam! Really hoping were are coming to the end of this 16 year(for me) journey.

Thanks for the information Adam! Its been 15 years, think I'll stick it out till the end.

Thanks Adam! Was wondering what you make of the protests and unrest in the area.

Thanks Adam! This was a nice wake-up message. Been patiently waiting since '05. Iraq is looking like it can handle it soon, we hope.

1. Yes, I believe so. Part B - that's going to be speculation regardless, unless he personally announces it. 2. What we hold is insignificant to them. Yes, we will benefit... but they will benefit much, much more. (((Only expressing my concerns here. Have held Iraqi Dinar since 2005, I want the RV to happen, just have doubts to how well it will RV.))) While I do believe Iraq will see a benefit to an RV, the amount of Dinar that is outside their country does concern me. If they have nearly 30 Trillion Dinar in circulation, how could they cover a 1:1 exchange? $30T is to much to cover. Even with a $.10:1 exchange rate that would still be $3Trillion. The USA has (est.)$1.5T cash in circulation. Those are the numbers that don't jive with me. I do read articles from others that do make sense it what they say: (hope posting this link is ok.. I am NOT promoting the site, its just an example) https://skeptoid.com/blog/2014/02/10/the-ugly-truth-about-the-iraqi-dinar/ Guess I am a bit of a skeptic as well as being an optimist. Thanks Adam for all you do! GO RV!!!

Thanks NextYear, but the authenticity of the currency was not the point of my post. It was whether or not you had to prove it was purchased through an "authorized" dealer. Part of the rumor spoke of the Iraq government having not wanted their currency to leave the country without their permission(it was briefly discussed before by, i think, Adam at one point[can't find that post]). So much of their currency is unaccounted for and was removed from the country(some by ISIS). It was rumored that a way to keep either unwanted parties from cashing in and/or counterfeits from being cashed in, that proof of purchase of larger amounts(maybe over 1M IQD) would be needed. This is for all the people that brought Dinar home from Iraq or obtained it by means other then an "authorized" dealer.

My condolences to her family. We all feel the loss of this fine lady.

Thanks for that info, I know all of mine is real. My question is about whether or not "non-verified" Dinar will be excepted. Rumors I have heard state that if you bought Dinar through a "certified" dealer and have the paperwork to accompany it, then you will be able to cash it in, but those that bought dinar, either while in Iraq or elsewhere and brought it back to the USA, you may not be able to cash that in. Anyone know if there is truth to that? I have some of both. I know a few people that purchased a lot of Dinar while in country(Iraq) and brought it back with them. Would hate to think that they can not cash in on that. Thanks to all.. Go RV!

Re-posting this question since it seems that, again, my question was missed. Adam and all the supporters here, First i would like to thank you, Adam, for all the time and effort you have put into this site. Including all the work I don't see that goes into the other parts of this site that i don't use. Thank you to all the others that add their flavor to this site. I have not posted anything to the forum in a while, also have not kept up with the news (if any) about the RV of the Dinar. The reason for this is for one simple fact and I hope you can give your opinion on this as well. (I apologize if someone has asked/stated this before, but i did not see it in any of the previous posts that i glanced over) In any history that i have read, there has never been a country that has revalued their currency while being occupied by a hostile force. While i know some will use post war Germany, Japan, Italy and maybe even Kuwait as examples of countries that RV'ed after a war while having foreign forces within their borders. I ask you to remember that those countries (post WW2) had an occupying force to assist in rebuilding as well as protect them and prevent an uprising, Iraq has a HOSTILE force hellbent on taking over. With that said, I do not foresee Iraq doing an RV any time soon, at least not until some time after ISIS has been removed from their borders. One thing that any country needs in order to either grow trade, grow an economy or revalue their currency is to show they have control of their country and that any investment in their country would be at least seemingly safe. With a hostile force within their borders, stealing their major resource (oil), they are unable to show themselves as a strong nation that is in control of its economy and/or people. Thoughts? Thank you for all you do.. Go Iraq, Go RV!

Adam and all the supporters here, First i would like to thank you, Adam, for all the time and effort you have put into this site. Including all the work I don't see that goes into the other parts of this site that i don't use. Thank you to all the others that add their flavor to this site. I have not posted anything to the forum in a while, also have not kept up with the news (if any) about the RV of the Dinar. The reason for this is for one simple fact and I hope you can give your opinion on this as well. (I apologize if someone has asked/stated this before, but i did not see it in any of the previous posts that i glanced over) In any history that i have read, there has never been a country that has revalued their currency while being occupied by a hostile force. While i know some will use post war Germany, Japan, Italy and maybe even Kuwait as examples of countries that RV'ed after a war while having foreign forces within their borders. I ask you to remember that those countries (post WW2) had an occupying force to assist in rebuilding as well as protect them and prevent an uprising, Iraq has a HOSTILE force hellbent on taking over. With that said, I do not foresee Iraq doing an RV any time soon, at least not until some time after ISIS has been removed from their borders. Thoughts? Thank you for all you do.. Go Iraq, Go RV!

You sure this doesn't have something to do with FATCA “The Foreign Account Tax Compliance Act”? Implementation has been delayed on the law but it is going into effect and many countries are either working with the USA government or they are closing accounts owned by US citizens and not opening new accounts for US citizens.

Bigwave, Was not asking how to mitigate the taxes on my cash in, it is understood how to do that. I was asking a straight forward question.. What will the tax rate be? I asked this since it was brought up in the original post that the tax laws have changed under our current (idiot) president and he says it will be considered a "findfall". Some are not able to take the steps to avert a high tax rate and some will want to cash, in at least a little, here in the states. If there is any real information on the rate we will pay, i was asking that it be shared here (if at all possible)

Was fairly interesting, thanks for taking the time to post.. You glanced over the taxes though. I still want to know what will be the taxes if we simply deposited the exchanged Dinar earnings. So if i went into a bank with say, 1 million Dinar and the exchange rate is (we hope) 1:1. What percentage in taxes will we have to pay? I know we won't be able to get the Capital Gains Tax rate of 15% or so, but will it be an earned income rate of 30-35% or will it be a Windfall tax rate of 45-50% or even more? It seems no one has that answer at this time. After the "spread", this is the main thing i want to know Go RV!

Thanks Adam... but, is there a reason my question was completely ignored? I know it calls for speculation (Conspiracy theory aside), but think it is a valid question on how or when the possible RV can happen.

Hello to all and thanks to all the info provided here. {I am 10 years into this investment and still have the same (albeit half-hearted at times) attitude toward it.} Didn't see this question asked like this, so if it has not been asked before, can you give your opinion as to why OPEC has lowered its price per barrel so drastically? Beyond wanting to hurt USA and Russian production efforts, do you think they are wanting to hurt ISIS in its theft of Syrian and Iraqi oil? And is their possibly a desire, by OPEC, to keep Iraq from growing its economy to quickly or to a level the rest of OPEC (and Arab nations) don't want? Yes, it does mean i am inferring that some Arab nations are possibly "helping" ISIS to a certain extent. Or do you think simply that the market calls for this reduction? Waiting a long time for.. Go RV!

It kills me that they still use the "Saddam" logic to predict what the rate will be. I have heard this as an arguement for this invest ment since 2004. It seems they all forget that the insane and ruthless dictator invented and over inflated his IQD value for his own gains. The value of the Dinar was higher but it was when they had a stable nation. If they tried to go that high from the start ((grant you, i would not complain and quiclky cash in all i have)) their economy would implode since it could not be suported at this time, if it ever could. And don't go to the "look at Kuwaitt" arguement either! lol Still waiting after all these years.. Go RV

Was also stationed in the Fulda gap area in the 80's (Wildflecken) and went to Rothenburg ob der Tauber a couple of times. Beautiful city with a lot of history, the old city walls take you back. Enjoyed it very much, i am sure you will like it too. If you have teenagers they may like the museum of toture (you all will see what real torture is). lol I am nearly 10 years into this as well.. so i sincerly want this to happen... Go RV!!!

********** INDYGUY » November 9th, 2014, 7:31 pm Help me understand If a 25,000 note = $25.00 than a dinar equals 1/10th of a penny than....... if a 25,000 now equals the value of a 2,500 dinars than a dinar would equal one penny. basically drop one zero. The 25,000k note would be worth $250.00. I'm all for dropping a zero, but to make it help internationally it needs to be 3 zeros. Class......anyone? anyone? INDYGUY *********** That is the way i think a lot view the deletion of zeros.. But the way i understand it is: They do not delete the zeros from the "currency". they delete them from the rate.. Right now it is about 1 Dinar equaling $.00092... Delete the zeros from there and you get 1 Dinar equaling $.92 . Think that is why so many think it wil be close to 1 Dinar = $1. Once again, the way it was explained to me, i see them adjusting it. Delete the three zeros by just making the rate; 1 Dinar = $.10 (or whatever they decided). The zeros on the rate will be gone then. I HOPE that is what they do! Thanks for your time.. Go RV!

We have going on 18 Trillion Dollars ($) in debt.. Can we cover it? We do not have any where near the reserves! It is all an illusion! As long as they can show they can eventually pay it off or cover the payments, they are fine.. At least me and Harvey think so! lol

Ok.. somebody want to check my math? Because i don't think 80 Trillion Dinar is really that much.. not in the grand scheme. I come up with $68,888,311,912.9189. Thats nearly 69 Billion Dollars... That is nothing really! Am i wrong?

My two cents Think you have to blame all the "hype artist" out there. The way this investment was sold to so many was the "example" of how the Kuwaitti currency revalued after they re-established themselves after the Gulf War. But as you (and many others) have explained, you can not use them to judge the course the Iraqi currency will take. The Kuwaiti government and people simply walked back into there old lives (after cleaning up) and went back to work, they did not have to redo/re-establish everything.. ie: new government, rules of parilemtery procedures, infrastructure, etc... Of course the Kuwaiti's had the power of an established government and the simpathy of the World banks and others to play their games and make money off of playing with the values of it. Don't think Iraq will be able to play that game. So it is unfortunate that we still have those thinking the Iraqi Dinar will take the same course as the Kuwaiti Dinar. I have tried to convince one friend of this fact since 2005!

I've been in it for about 10 years as well.. not that i am or ever was a "guru". but i even told people from the start, this will be a long slow process. Saw people back in '05 looking at all the web sites every day and thinking they will get rich the next day. I was of the mind back then that it would be at least 10 years before they could really call themselves a country again and be able to value their own currency to a proper rate. Even still.... Most all of us knew it may never value at the high rate people dreamed of, it may never go above .05 to 1 and it may never happen at all!. So it is: Be willing to lose it all for the possibility of a large(huge) gain or leave it alone. No promises were made by descent people! (this was never a "post Gulf War Kuwait" situation like so many tried to sell it as) But even still.. I have already made money off the value of the Dinar. I bought at VERY low prices and sold enough when it was at its highest to pay for all that i bought, plus a bit more and still have a lot left over to "get rich". So there is/was money to be made without being a "guru". If you did not do your "due diligence" before hand, don't blame people like Adam or all the shame "gurus" out there for it not happening, just be glad you are part of something that could be life changing for some of us. My Pray for those caught up in the conflict there and... Go RV!

The only question i have is: How much do these survery participants earn per month? If they only make 100,000 IQD a month then all of it is super expensive. If they make 1,000,000 IQD a month, its not so bad.. If they make say, 4-5,000,000 IQD then its ok. All a matter of perspective for me.. If they are poor, then the things we may see as moderatly priced here(USA) are expensive to them there. If/when the rate changes, so will the IQD prices.. With an exchange rate of say, 1-1, a McDonalds combo meal would be .8 or 9 IQD, probably. Still won't help the guy making 100 IQD a month (100,000 IQD now) From what i have seen in my travels, the prices at a McD's and many other things are comparably priced, with the exchange rate, in many countries. Well, that is my .

Hello Adam, Thank you for providing a level headed approach to this investment. Recently, a question was presented to me that i was unsure of and unable to honeslty answer. It seems to be one of the reasons for the negativity toward this investment, since it would be a major reason to not increase the value of the Dinar. That question was: How is Iraq paying off it debts (and how is it getting paid for their oil)? Is it being done in Dinar or US Dollars? To me (and others) it seems that if Dinars are being used to pay off debt, then keeping the value low would be better for Iraq. But it also seems they would need to be getting paid in Dollars for that to be true.. But if they are using US Dollars to pay of debt, then it would be best to increase hte value of the Dinar (if they are being paid in Dinar). This is why i am unsure and seek your opinion. Excuse me if this was aked before, i did not see it. Thanks in advance. RV soon!