Popular Post jlldrs Posted March 20, 2012 Popular Post Report Share Posted March 20, 2012 I have been holding this rumor/opinion pretty close to my chest for the past month or so, mostly because I don't buy into the rumors that are posted on the sites. I like to follow the news and see where it leads. I have owned dinar for the past three years and have been a member here for quite a while, I tend to remain very grounded on this investment, having the opinion there will be a straight RV, the only question is when? I dont even care about the rate, because it will be more money than I invested and I am very thankful for that. I will give you a little background on the people that have told me this. One is a man of arab descent whom I work with. He came to the US around 20 years ago, one of his former jobs was piloting one of the Saudi shaws around the world. He is a very smart business man who just recently invested 40,000 USD on this investment. Someone I trust very much when it comes to business opportunities. The other gentleman is one of my co workers friends who is a very successful businessman in the middle east and Europe. He travels through Baghdad quite often and talks to some of the more prominent Iraqi business owners and government officials regarding the economy, the banking sector and the currency quite often. I know he deals alot with import/export of hospital equipment and agricultural stuff. This gentleman is invested over 1 million USD on the dinar. My coworker and his friend speak weekly about what is going on in the middle east. particularly in Iraq! This is what I was told about a month ago: This will happen, we will see a straight RV. What is being said by some of the businessman is, this will happen sometime in May. The rate will be 9 IQD to 1 USD but investors will be able to cash in at 13 IQD to 1 USD due to the bank spread from the CBI. (This coincides with the 7 to 10 cent rate Adam was guessing at) The rate will move up around the USD within a year. No word on a cash in period. Also invest in Gold, it will skyrocket. I was not real happy about the rate, but like I said before it is more money than I invested and am thankful to have found out about the opportunity. This is a rumor or opinion, but it is from someone I trust. The last thing I want to do is lead DV members astray, because I am sure there are alot of people out there struggling financially. You can take this or leave it, you are free to your own opinions, bash or dont bash. God Bless! 53 Link to comment Share on other sites More sharing options...
Bumper64 Posted March 20, 2012 Report Share Posted March 20, 2012 Thanks for the post! 5 1 Link to comment Share on other sites More sharing options...
blaineage Posted March 20, 2012 Report Share Posted March 20, 2012 I'll take it all day long!!!!! Link to comment Share on other sites More sharing options...
mariejose Posted March 20, 2012 Report Share Posted March 20, 2012 THANK YOU FOR THE INFO. 1 Link to comment Share on other sites More sharing options...
DinarDana Posted March 20, 2012 Report Share Posted March 20, 2012 Thanks for posting, good information. 2 Link to comment Share on other sites More sharing options...
moultonn Posted March 20, 2012 Report Share Posted March 20, 2012 Better than what we have today,,, thanks... Link to comment Share on other sites More sharing options...
umbertino Posted March 20, 2012 Report Share Posted March 20, 2012 Quote This gentleman is invested over 1 million USD on the dinar End Quote Holy xxxx. 2 Link to comment Share on other sites More sharing options...
jlldrs Posted March 20, 2012 Author Report Share Posted March 20, 2012 Quote This gentleman is invested over 1 million USD on the dinar End Quote Holy xxxx. That is what I thought also. From what I understand, they are selling the IQD on the black market over there at 2200 to 1 instead of the 1170 to 1. So just imagine what he holds in physical currency. It is mind boggling. 2 Link to comment Share on other sites More sharing options...
DinarThug Posted March 20, 2012 Report Share Posted March 20, 2012 Quote This gentleman is invested over 1 million USD on the dinar End Quote Holy xxxx. That Would Make Him A Dinar Billionaire ! Adam Has Mentioned That There Are A Few Members Of VIP In That 'Whale' Catagory ! Thx For The Post Jlldrs ! 3 Link to comment Share on other sites More sharing options...
pattyangel Posted March 20, 2012 Report Share Posted March 20, 2012 The last thing I want to do is lead DV members astray, because I am sure there are alot of people out there struggling financially. You can take this or leave it, you are free to your own opinions, bash or dont bash. God Bless! Liked all the information you shared, but I really like the above statement. Thanks for thinking of us here at DV land. 3 Link to comment Share on other sites More sharing options...
sonny1 Posted March 20, 2012 Report Share Posted March 20, 2012 i love the post, thanks wisconsin. lol 3 Link to comment Share on other sites More sharing options...
Laid Back Posted March 20, 2012 Report Share Posted March 20, 2012 I need to buy more Go Rv 3 Link to comment Share on other sites More sharing options...
Joe P Posted March 20, 2012 Report Share Posted March 20, 2012 Heres the main problem with the rate. It doesn't de-dollarize the country. All Iraqi businesses, merchants, and customers will continuevto use any and ALL currencies with a higher value. Lastly, the value in the eyes of the citizens will be non existent. Therefore, the rate will be at a minimum of 1 to 1 and possibly higher. I need to buy more Go Rv Your statement proves beyond a shadow of doubt that speculation of under a dollar sells more dinar than anything okie has ever Saud. Whether your statement was honest or joking, there is substantial truth to the philosophy of what your wrote. 12 1 Link to comment Share on other sites More sharing options...
R Veyron Posted March 20, 2012 Report Share Posted March 20, 2012 I think that this would be a very decent RV rate and would be quite content if it be so . I would indeed reinvest it into something else ASAP. Good post thanks. Link to comment Share on other sites More sharing options...
Elixirbaby Posted March 20, 2012 Report Share Posted March 20, 2012 Not quite the windfall but would be very happy. Might sell just alittle and wait for it to rise. 1 Link to comment Share on other sites More sharing options...
Alex38 Posted March 20, 2012 Report Share Posted March 20, 2012 Heres the main problem with the rate. It doesn't de-dollarize the country. All Iraqi businesses, merchants, and customers will continuevto use any and ALL currencies with a higher value. Lastly, the value in the eyes of the citizens will be non existent. Therefore, the rate will be at a minimum of 1 to 1 and possibly higher. Your statement proves beyond a shadow of doubt that speculation of under a dollar sells more dinar than anything okie has ever Saud. Whether your statement was honest or joking, there is substantial truth to the philosophy of what your wrote. Agreed. I would think it NEEDS to come out at least a bit closer to the USD. 4 Link to comment Share on other sites More sharing options...
jlldrs Posted March 20, 2012 Author Report Share Posted March 20, 2012 i love the post, thanks wisconsin. lol Thanks Sonny, just trying to stay grounded. Been in this way to long and seen too many people fall into traps set by pumpers and less reputable dinar sites. Thought I would share a more realistic point of view. 2 Link to comment Share on other sites More sharing options...
Sun Devil Posted March 20, 2012 Report Share Posted March 20, 2012 Your statement proves beyond a shadow of doubt that speculation of under a dollar sells more dinar than anything okie has ever Saud. I was just thinking about this today. The Okie clan has to be the biggest collection of losers I've ever come across on the internet, but I've never understood how they fall into the pumper category. For one, they're always calling the RV. So if you believe them that it happened then you'll assume it's too late to buy more. Second, they always claim it'll be an insanely high rate. If I'm sitting here with 1 million dinar then where's my motivation to buy more if it's gonna be $4 - $13!!! My 1 million is PLENTY!! Trust me, in no way am I defending anything these scumbags do. I despise every one of them. It's just an observation that's always bugged me. 5 Link to comment Share on other sites More sharing options...
Mntnman Posted March 20, 2012 Report Share Posted March 20, 2012 Thanks for the post! I'll take it all day long too! Also, if you believe your friend it looks like having patience will be worth it. I wish I had an extra 1 million USD on the dinar! Cheers! Link to comment Share on other sites More sharing options...
jlldrs Posted March 20, 2012 Author Report Share Posted March 20, 2012 Agreed. I would think it NEEDS to come out at least a bit closer to the USD. I would love to see the rate at around a dollar also initially. But this is a rumor like any other. Just wanted to share with everyone what may happen. Link to comment Share on other sites More sharing options...
Laid Back Posted March 20, 2012 Report Share Posted March 20, 2012 Heres the main problem with the rate. It doesn't de-dollarize the country. All Iraqi businesses, merchants, and customers will continuevto use any and ALL currencies with a higher value. Lastly, the value in the eyes of the citizens will be non existent. Therefore, the rate will be at a minimum of 1 to 1 and possibly higher. Your statement proves beyond a shadow of doubt that speculation of under a dollar sells more dinar than anything okie has ever Saud. Whether your statement was honest or joking, there is substantial truth to the philosophy of what your wrote. It was a joke I think 11M is enough for me and my family But i think you're right about the substantial truht to the philosophy. 1 1 Link to comment Share on other sites More sharing options...
SgtFuryUSCZ Posted March 21, 2012 Report Share Posted March 21, 2012 (edited) ***/// That comin' in low bit an' doin' a slow climb to a higher rate over time is like chinese water torture... I, for one, don't think I wanna take much more of their game-playing. Go through this another 4 years hoping it'll rise, and watching it crash, or let them torture me with more bogus articles about the rate climbing higher...? And waitin' fer THAT t' happen - all the while having the GooRuse buzzing on my boards telling me t' buy some more...? I want it to come in at a decent rate - so I can break up with my evil mistress - the Dinar and never have to see her dysfunctional family again! (Uncle Allawi n' Cousin Mally 'specially!) once in a lifetime is more than enuf fer ' ol Sarge! Edited March 21, 2012 by SgtFuryUSCZ 10 Link to comment Share on other sites More sharing options...
idplzr Posted March 21, 2012 Report Share Posted March 21, 2012 ***/// That comin' in low bit an' doin' a slow climb to a higher rate over time is like chinese water torture... I, for one, don't think I wanna take much more of their game-playing. Go through this another 4 years hoping it'll rise, and watching it crash, or let them torture me with more bogus articles about the rate climbing higher...? And waitin' fer THAT t' happen - all the while having the GooRuse buzzing on my boards telling me t' buy some more...? I want it to come in at a decent rate - so I can break up with my evil mistress - the Dinar and never have to see her dysfunctional family again! (Uncle Allawi n' Cousin Mally 'specially!) once in a lifetime is more than enuf fer ' ol Sarge! Great analogy... however if it is that low and we have a year to turn in the triple zero notes I will cash in some, hold some, as the year progresses cash more and prior to the last call for triple zero notes cash the rest at hopefully a higher rate. 2 Link to comment Share on other sites More sharing options...
Canuklady Posted March 21, 2012 Report Share Posted March 21, 2012 Thanks so much for the post! Lately I am focused less on the rate and more on the fact that this will happen and that we are right on the edge of it! If the rate is 10 cents or less, it's not the windfall I anticipated but it's still life changing. We just need to focus on growing whatever bounty we do take home. I think I will do like Elixirbaby, cash in a little and wait ... assuming we don't have a cash in deadline. Like so many of you I am taking the time to educate myself about money and post RV investments while I wait. 20MillionDinar, The Machine, and TrinityeXchange (as well as many others) have posted a wealth of information on this site. I feel really fortunate to have come across it. I always thought I knew about money because I was a saver, but I found out on this ride that I actually knew very little. Very humbling! Thank God for this site and for all of you who have taken the time to help the money newbies like myself. Thank you! Have a great night everyone! Whatever the rate our lives are about to change. It's all very exciting! Having that said, a reinstatement and Iraq going into that summit thumping its chest would be sweeeet! 3 Link to comment Share on other sites More sharing options...
Sun Devil Posted March 21, 2012 Report Share Posted March 21, 2012 ***/// That comin' in low bit an' doin' a slow climb to a higher rate over time is like chinese water torture... I, for one, don't think I wanna take much more of their game-playing. Go through this another 4 years hoping it'll rise, and watching it crash, or let them torture me with more bogus articles about the rate climbing higher...? And waitin' fer THAT t' happen - all the while having the GooRuse buzzing on my boards telling me t' buy some more...? I want it to come in at a decent rate - so I can break up with my evil mistress - the Dinar and never have to see her dysfunctional family again! (Uncle Allawi n' Cousin Mally 'specially!) once in a lifetime is more than enuf fer ' ol Sarge! I feel the same way. Obviously I wouldn't complain about a .10 RV, but holy moly I don't think I can handle the stress of how to play "the slow climb". Trying to figure out a plan of attack that wouldn't add 10 years to my life would seem impossible!! I want what you want, I solid RV from the start so I can cash in and get the bleep out! Then it's good riddance to the dinar world! Link to comment Share on other sites More sharing options...
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