Positive Rumor/Opinion

[TimS]

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.

the motivation is GREED.......a very powerful one at that.

[DiveDeepSix]

If you can afford $100000 of dollars to buy dinars when it get at .10 then why wait? why don't you buy it now when the rate is low?

When iqd goes international no bank will sell you more than $3000 per day .

example wells fargo:

Minimum for each currency: $25 USD. For entire order: $200 USD minimum; $3,000 USD maximum per day.

Because just like yourself and EVERYONE else no one knows for sure which way it's going to go. High risk invester, yes, stupid, no. What I'm refering to is the big corporations, banks, etc. Iraq could conceivably be owned by another country, you know kinda like we are owned by China!

[DiveDeepSix]

the motivation is GREED.......a very powerful one at that.

Right on Tim. Then they buy more, and tell their friends and family, and they buy more, and they tell their friends and family and they buy more, all thinking they are pulling one over on the dealers because they got their order in on time for a sure thing before the dealers could stop selling. That's what makes them pumpers. "Hurry quick, you guys need to get some it's going to happen any second now, don't miss out!"

[blaineage]

I came to these forums to make this post by way of an unfortunate close personal friend. This friend came to me over the weekend to give me some Dinar with the hopes that it would make him and his family rich, as well as my own. Rich of course is a relative term, as both our families do well in our respective industries, which mine happens to be in law. Now I'm invested in various "things" already, and my friend told me "The Story" a friend told him and so on, to buy Dinar because of its imminent revaluation. Of course, since Due Diligence is part of my profession, I made a call to a bank my firm does business with. My contact there first reaction was a subtle chuckle, and his next words were: "Give the colorful paper back to your friend and see if he can get a refund."

This is purely a speculative "investment", I quote investment because the only one's making real money are the people exchanging this near worthless crap to dumb Americans. To put it in perspective, this is as rudimentary explanation as I can get.

Like Iraq, our own country here in The United States has a money supply problem:

http://research.stlouisfed.org/fred2/series/BASE

Of course, this has two ramifications, the first is inflation, which both countries share in variable degrees:

http://research.stlouisfed.org/fred2/series/CPIAUCSL?cid=9

The second, is the value of that money and what you can buy with it on a global scale, including FOREX (which you all appear to know Iraq is NOT a part of):

http://research.stlouisfed.org/fred2/graph/?s[1][id]=CUUR0000SA0R#

The final basic comparison I can show, bot scale of course is this:

http://www.cbi.iq/index.php?pid=CurrencyAuctions

http://www.newyorkfed.org/markets/tot_operation_schedule.html

The scale is different, but the principle is the same, monetizing your own debt to keep afloat.

If anyone think that a RV is going to make you rich, you are out of your mind. A lot of things have to happen before that is even in the discussion, not to mention the ridiculous RV speculation out there which if it ever happened (in unicorn land), would instantly take them out of the open markets as no country could afford their goods, including oil.

If you want to "speculate" more power to you, you're free to do so, but the people selling this ****, to the likes of unsuspecting friends of mine, you're a ******* **** bags.

Well thank you soooo much for coming here and saving us from ourselves. I had no idea. Boy you lawyer guys have all the answers when it comes to cutting and pasting links. Anybody who is not a lawyer couldn't possible do any research on their own. I've never seen these sites before. Neither has my pet unicorn. I am forever in your debt.

[flagalpal]

To me your article was a breath of fresh air. Your hopes are the same as eveyone's on this site. We all want a high rate but in the end will be happy to cash in some at a low rate and wait a year to triple our efforts. I felt you were writting from the heart. "If God is for us, who can be against us." Thank you for your post.

[TXNOLE]

I came to these forums to make this post by way of an unfortunate close personal friend. This friend came to me over the weekend to give me some Dinar with the hopes that it would make him and his family rich, as well as my own. Rich of course is a relative term, as both our families do well in our respective industries, which mine happens to be in law. Now I'm invested in various "things" already, and my friend told me "The Story" a friend told him and so on, to buy Dinar because of its imminent revaluation. Of course, since Due Diligence is part of my profession, I made a call to a bank my firm does business with. My contact there first reaction was a subtle chuckle, and his next words were: "Give the colorful paper back to your friend and see if he can get a refund."

This is purely a speculative "investment", I quote investment because the only one's making real money are the people exchanging this near worthless crap to dumb Americans. To put it in perspective, this is as rudimentary explanation as I can get.

Like Iraq, our own country here in The United States has a money supply problem:

http://research.stlouisfed.org/fred2/series/BASE

Of course, this has two ramifications, the first is inflation, which both countries share in variable degrees:

http://research.stlouisfed.org/fred2/series/CPIAUCSL?cid=9

The second, is the value of that money and what you can buy with it on a global scale, including FOREX (which you all appear to know Iraq is NOT a part of):

http://research.stlouisfed.org/fred2/graph/?s[1][id]=CUUR0000SA0R#

The final basic comparison I can show, bot scale of course is this:

http://www.cbi.iq/index.php?pid=CurrencyAuctions

http://www.newyorkfed.org/markets/tot_operation_schedule.html

The scale is different, but the principle is the same, monetizing your own debt to keep afloat.

If anyone think that a RV is going to make you rich, you are out of your mind. A lot of things have to happen before that is even in the discussion, not to mention the ridiculous RV speculation out there which if it ever happened (in unicorn land), would instantly take them out of the open markets as no country could afford their goods, including oil.

If you want to "speculate" more power to you, you're free to do so, but the people selling this ****, to the likes of unsuspecting friends of mine, you're a ******* **** bags.

Woodrow Wilson, one of the worst Socialist/Progressive Idiot Presidents we have ever had.....great choice for your screen name........was your friend's name Edwin House by any chance? Why did you waste your time coming to this forum to spew your cut and paste pablum?

I guarantee you most here have done far more "due diligence" than you will ever do but thanks anyway for trying to save us from ourselves! See ya at the bank barrister.

[jlldrs]

I came to these forums to make this post by way of an unfortunate close personal friend. This friend came to me over the weekend to give me some Dinar with the hopes that it would make him and his family rich, as well as my own. Rich of course is a relative term, as both our families do well in our respective industries, which mine happens to be in law. Now I'm invested in various "things" already, and my friend told me "The Story" a friend told him and so on, to buy Dinar because of its imminent revaluation. Of course, since Due Diligence is part of my profession, I made a call to a bank my firm does business with. My contact there first reaction was a subtle chuckle, and his next words were: "Give the colorful paper back to your friend and see if he can get a refund."

This is purely a speculative "investment", I quote investment because the only one's making real money are the people exchanging this near worthless crap to dumb Americans. To put it in perspective, this is as rudimentary explanation as I can get.

Like Iraq, our own country here in The United States has a money supply problem:

http://research.stlouisfed.org/fred2/series/BASE

Of course, this has two ramifications, the first is inflation, which both countries share in variable degrees:

http://research.stlouisfed.org/fred2/series/CPIAUCSL?cid=9

The second, is the value of that money and what you can buy with it on a global scale, including FOREX (which you all appear to know Iraq is NOT a part of):

http://research.stlouisfed.org/fred2/graph/?s[1][id]=CUUR0000SA0R#

The final basic comparison I can show, bot scale of course is this:

http://www.cbi.iq/index.php?pid=CurrencyAuctions

http://www.newyorkfed.org/markets/tot_operation_schedule.html

The scale is different, but the principle is the same, monetizing your own debt to keep afloat.

If anyone think that a RV is going to make you rich, you are out of your mind. A lot of things have to happen before that is even in the discussion, not to mention the ridiculous RV speculation out there which if it ever happened (in unicorn land), would instantly take them out of the open markets as no country could afford their goods, including oil.

If you want to "speculate" more power to you, you're free to do so, but the people selling this ****, to the likes of unsuspecting friends of mine, you're a ******* **** bags.

The only statement that alot of people here can agree with is "this is a speculative investment" , we all know that, especially the people who have been around for a while. You do realize that this is posted in the rumor section and it is titled "positive rumor/opinion". It is no different than you coming on here, responding to this post with your own OPINION.

I hope you feel better getting all that off your chest. Feeling you had to get this off your chest and save all of us from ourselves. Trust me, there are alot worse investments out there than this one. No one will buy into this self righteous B.S. and your words will be forgotten in a matter of hours. Real classy how you ended your post also. And by the way God Bless you!

[TexasGranny]

I came to these forums to make this post by way of an unfortunate close personal friend. This friend came to me over the weekend to give me some Dinar with the hopes that it would make him and his family rich, as well as my own. Rich of course is a relative term, as both our families do well in our respective industries, which mine happens to be in law. Now I'm invested in various "things" already, and my friend told me "The Story" a friend told him and so on, to buy Dinar because of its imminent revaluation. Of course, since Due Diligence is part of my profession, I made a call to a bank my firm does business with. My contact there first reaction was a subtle chuckle, and his next words were: "Give the colorful paper back to your friend and see if he can get a refund."

This is purely a speculative "investment", I quote investment because the only one's making real money are the people exchanging this near worthless crap to dumb Americans. To put it in perspective, this is as rudimentary explanation as I can get.

..........snip...............

If anyone think that a RV is going to make you rich, you are out of your mind. A lot of things have to happen before that is even in the discussion, not to mention the ridiculous RV speculation out there which if it ever happened (in unicorn land), would instantly take them out of the open markets as no country could afford their goods, including oil.

If you want to "speculate" more power to you, you're free to do so, but the people selling this ****, to the likes of unsuspecting friends of mine, you're a ******* **** bags.

Because you did not see fit to read the forum rules before posting your rant, I have disabled you posting ability for 4 days. If you continue to post rants such as this one after that time, you will be banned.

[blaineage]

I'm glad it wasn't just me.

[tevye02]

Atta girl! Thx Thanks Texas Granny. He is entitled to speak his mind but not spew filth. I wonder if he really is an attorney? They would know better.

Edited March 21, 2012 by tevye02

[KiaKaha]

Thanks, jlll

KK

[HisHands]

Atta girl! Thx Thanks Texas Granny. He is entitled to speak his mind but not spew filth. I wonder if he really is an attorney? They would know better.

Don't you love people who join our forum just to save us from ourselves! I agree. Not very intelligent ranting for a supposed attorney. First post, and hopefully the last!

Thanks Texas Granny for watching out backs! Our Mods are the best!

[Elixirbaby]

Because you did not see fit to read the forum rules before posting your rant, I have disabled you posting ability for 4 days. If you continue to post rants such as this one after that time, you will be banned.

Go with your gut and save yourself some trouble. Ban him.

[MANNY99]

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!

This article came out today it is already posted confirm what you heard thank you

central bank to raise the value of the dinar against the dollar gradually down to the day to start replacement where the value will be in the absence of a fluctuation Iraqi dinars, equivalent to one U.S. $ one

http://translate.google.com/translate?sl=ar&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&layout=2&eotf=1&u=http%3A%2F%2Fwww.almowatennews.com%2Fnews_view_38495.html

[jlldrs]

This article came out today it is already posted confirm what you heard thank you

central bank to raise the value of the dinar against the dollar gradually down to the day to start replacement where the value will be in the absence of a fluctuation Iraqi dinars, equivalent to one U.S. $ one

http://translate.google.com/translate?sl=ar&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&layout=2&eotf=1&u=http%3A%2F%2Fwww.almowatennews.com%2Fnews_view_38495.html

Thanks Manny, I appreciate the research!

[skitealwedrop]

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.

[skitealwedrop]

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.

I have to agree with Joe. Anything less than 1 to 1 will not have the effect needed to stop the use of USD as Iraq's main currency. Period! Who knows maybe we'll get lucky and see a 2 to 1 RV. Nothing would surprise me at this point. I feel really good about our investment. I hope that Adam has some good news forthcoming. Peace all!

Oops. Internet lag time sucks around here. Sorry folks.

[skitealwedrop]

I came to these forums to make this post by way of an unfortunate close personal friend. This friend came to me over the weekend to give me some Dinar with the hopes that it would make him and his family rich, as well as my own. Rich of course is a relative term, as both our families do well in our respective industries, which mine happens to be in law. Now I'm invested in various "things" already, and my friend told me "The Story" a friend told him and so on, to buy Dinar because of its imminent revaluation. Of course, since Due Diligence is part of my profession, I made a call to a bank my firm does business with. My contact there first reaction was a subtle chuckle, and his next words were: "Give the colorful paper back to your friend and see if he can get a refund."

This is purely a speculative "investment", I quote investment because the only one's making real money are the people exchanging this near worthless crap to dumb Americans. To put it in perspective, this is as rudimentary explanation as I can get.

Like Iraq, our own country here in The United States has a money supply problem:

http://research.stlouisfed.org/fred2/series/BASE

Of course, this has two ramifications, the first is inflation, which both countries share in variable degrees:

http://research.stlouisfed.org/fred2/series/CPIAUCSL?cid=9

The second, is the value of that money and what you can buy with it on a global scale, including FOREX (which you all appear to know Iraq is NOT a part of):

http://research.stlouisfed.org/fred2/graph/?s[1][id]=CUUR0000SA0R#

The final basic comparison I can show, bot scale of course is this:

http://www.cbi.iq/index.php?pid=CurrencyAuctions

http://www.newyorkfed.org/markets/tot_operation_schedule.html

The scale is different, but the principle is the same, monetizing your own debt to keep afloat.

If anyone think that a RV is going to make you rich, you are out of your mind. A lot of things have to happen before that is even in the discussion, not to mention the ridiculous RV speculation out there which if it ever happened (in unicorn land), would instantly take them out of the open markets as no country could afford their goods, including oil.

If you want to "speculate" more power to you, you're free to do so, but the people selling this ****, to the likes of unsuspecting friends of mine, you're a ******* **** bags.

Currency speculation is an investment vehicle. Sometimes you win and sometimes you lose. Similar to the stockmarket. IQD has ONLY one way to go and that is up in value. Have a great day Woodrow.