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I haven't posted in about a year or so.  I just read from time to time.  Too much of this INVESTMENT can wear on you!

 

With that said, I'm very tired of the "scam" word cropping up its ugly head.  Call it a long shot.  Call it less than the ideal investment or whatever strikes your fancy, but NONE of us have been scammed.  We didn't buy monopoly money!

 

It's not that dynamite is needed here.....it's just that we're speculating!  Do the naysayers not understand this?

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If it were a SCAM then the banks wouldn't have sold it to us. I got mine from Chase in 2008 before they stopped selling. Then later BOA, Capital One, Regions, WellsFargo and all the rest of the banks stopped selling.then after that WellsFargo became the foreign currency hub for the United States. The only ones left selling are the traders. I believe the banks stopped selling because we average people were onto something and the banks cut us off so they could profit more. But you are right I bought mine and it cost me $879.79 now I can sell for $950 for a million. If it were a scam then how could I make a profit. I am in it until I see the pay off when that is no one knows. JMO

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I agree, but what's funny about all of this....is all of those that are bashing the dinar...must be afraid to take the chance to do what some have done by investing in this...

As per those that have got into this, for the most part, have'nt lost anything....and some have even had gains...where these guys get their negativity is beyond me...I've said all along..you better be watching the U.S. Dollar as per something to worry about..(i.e.)...taxes, inflation, etc...

Why dont these naysayers preach about what is already happening to the dollar...it's already DV'n...while we hope for an RV with the dinar!...lol...

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I've gambled more money at that casinos in the past five years than I've spent on this investment. That's how I look at this and if I win then its all good if I come out a little ahead its all good too. My radar hasn't been off much when it comes to long shots in ten years. My gut tells me to stick with this and that's what I'll do. Also would love to tell those Debbie downers to eat it and laugh all the way to the bank. Ya know what I mean? LOL

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They call it a scam.because the majority of what goes around in dinarland and from some dealers is that you can/will be an overnight millionaire.......

That is the scam being sold.....and the fact that there are very good chances that if Iraq redenominates, you wont be able to.exchange your dinar back to.USD....

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If the dinar does'nt make money...or at least more money in the future, than what I've already gained...I can accept that...as that is the risk in any investment or holding of anything...but I am already losing in the Dollar...BIGTIME!...This is just another hedge...no different than owning a bunch of various stocks...some go up and some go down...what's the big deal?...lol...

 

Some have made good gains in gold and silver...and some have lost too...why is the dinar something to be so worried about?....Especially since the finality of this thing is'nt over yet?...

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They call it a scam.because the majority of what goes around in dinarland and from some dealers is that you can/will be an overnight millionaire.......

That is the scam being sold.....and the fact that there are very good chances that if Iraq redenominates, you wont be able to.exchange your dinar back to.USD....

Agreed... Obviously the IQD as a currency is not a scam......Just like the Kyat ( Burma/Myanmar currency) is not a scam either....

 

It's some or much of the pumping / hype / lying operated by the usual suspects which tends to make it look as such by many.

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Keep, we go back a ways, so understand what you're saying.  The RD or LOP theory....part of the risk.  Anybody who bought into the overnight millionare thing, still didn't get scammed, but they've got much bigger things to worry about.  If they're that gullible, I'm surprised they had any money left to invest.

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If the dinar goes to a measley penny .01 cent...we have made appx. 10 times our money back..if it does'nt so be it...but has'nt it been over a penny for the last appx. 80 years?....It was mostly in the several dollar range a majority of the time it has existed!...I'll take the chance...so why fret?...

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If the dinar does'nt make money...or at least more money in the future, than what I've already gained...I can accept that...as that is the risk in any investment or holding of anything...but I am already losing in the Dollar...BIGTIME!...This is just another hedge...no different than owning a bunch of various stocks...some go up and some go down...what's the big deal?...lol...

 

Some have made good gains in gold and silver...and some have lost too...why is the dinar something to be so worried about?....Especially since the finality of this thing is'nt over yet?...

When did you buy your dinar?

Keep, we go back a ways, so understand what you're saying.  The RD or LOP theory....part of the risk.  Anybody who bought into the overnight millionare thing, still didn't get scammed, but they've got much bigger things to worry about.  If they're that gullible, I'm surprised they had any money left to invest.

I beg to differ my friend!!  That just wont happen......it would be over a LONG period of time at the pace these guys are moving lol....

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4aprofit, agreed wholeheartedly!

 

Just for perspective....when the market was way down in late 2001, I took a few thousand to my Edward Jones person.  That was probably mistake #1.  The point is, I put my money in the market and took all of his advice.  Remember, NYSE is not a scam and EDJones is considered a legitimate, on the level business.

 

In a matter of 4 years, EdJones and the market earned me -75%.  Yes, that's a negative!  In fact, I took the 25% that remained and bought dinar with it.  If I'd left it with the "professionals" I'd probably owe them money by now.  So my dinar is just a bonus!

 

Based on my experience, black jack, NYSE and the dinar are all the same.  Now 3 card monte....that's a different story. Finding the queen is a REAL SCAM.

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I haven't posted in about a year or so.  I just read from time to time.  Too much of this INVESTMENT can wear on you!

 

With that said, I'm very tired of the "scam" word cropping up its ugly head.  Call it a long shot.  Call it less than the ideal investment or whatever strikes your fancy, but NONE of us have been scammed.  We didn't buy monopoly money!

 

It's not that dynamite is needed here.....it's just that we're speculating!  Do the naysayers not understand this?

Well said and plus one to you. 

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I haven't posted in about a year or so.  I just read from time to time.  Too much of this INVESTMENT can wear on you!

 

With that said, I'm very tired of the "scam" word cropping up its ugly head.  Call it a long shot.  Call it less than the ideal investment or whatever strikes your fancy, but NONE of us have been scammed.  We didn't buy monopoly money!

 

It's not that dynamite is needed here.....it's just that we're speculating!  Do the naysayers not understand this?

Definately not a scam. BH group selling hedge funds of dinar that did not exist is a scam. Any of us can sell back to a dealer at $840 or so and recoup most of our money if we want.

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BANKS & BANKERS...DINAR INTRIGUE!....WHAT IS REALLY GOING ON?...JUST MORE TO PONDER!...

 

No bank that I know of offers to buy or sell Iraqi Dinars presently...but many did...I believe even Wells Fargo may have at one time...as even Bank of America was funneling them to Chase and Citi Banks at one time..(through a contract as I was told).......until Chase and Citi Banks put out a notice on Dec. 1, 2008...that as of Dec. 15, 2008...that they would no longer buy or sell the dinar...then guess what...Chase & Citi Banks showed up appx. 2 weeks later..on appx. Jan. 1, 2009..in Iraq...helping Iraq setup their banking infrastructure...how odd?...

 

Citi Bank had an ad or banner of some type on Warka Banks Site..it may still be there...and as per my understanding, this was due to a merger or tie-in of some type...but not pubicly acknowledged in the U.S. or in the U.S. media...how odd?

 

I know of 2 banks here in the U.S....that were buying dinars back..while not selling them anymore...but to the best of my knowedge..they do neither now...how odd?

 

I know bankers and high wealth individuals..that call the dinar a scam...and these same folks own a lot of it...how odd?

 

The above video depicts the usual and typical information that most banks would naturally give out...as Wells Fargo or most any other bank is not engaging in the trade of the dinars right now...they quit selling the Vietnamese Dong as well...one banker said it was due to the popularity and massive sales of all of these like the dinar and the dong..so, thus by stopping it...this would curb the speculation and the clogging up of the banks and the massive waves of specualtors showing up at their bank branches opening accounts with small amounts, and many of these same folks were never re-seeding these accounts...actually costing the banks money...not to mention the loss of manpower, due to the lack of profits invested versus the manpower utilized while setting all of this up for folks...and it was'nt just the intial opening of these small accounts...as it was also all the speculator talk and rhetoric...tying up their bank branches...when they had more lucrative and profitable daily tasks to handle..that were not getting handled...one banker even said that once this thing gives a value that is signifigant enough for them to open up as per trading and the currency is tradeable...he feels most certain that most every bank that can get in the door on this thing will be involved...as he said...who in their right mind would'nt...it will give them spread fees, reserves to use, deposits that they did'nt have...ultimately giving the bank more clout than it has ever had...he also said that it stands to reason that the banks would get out of this business of selling or buying prior to any rise of value...due to distancing themselves from the actual event...where as a currency would rise in value...causing the banks and customers who were trying to order or sell in the middle of a change in value, many problems..and by distancing themselves from the event...whether months or years...it would take the threat away from those that said yea or nay towards their investment positions...from being in a threat mode..as per the comraderieship of their peers...whether in the banking or public sector...in other words, should a value come...and someone had just dumped their currency...or should a value come and someone just tried to order some and could'nt get it...they might sue the bank or take out tactics of revenge...especailly as per what someone told them that swayed their opinion to buy or sell...he said this could be very serious...especially if any transactions were that near an actual event taking place where a newer higher value was gained...he also explained why some bankers have either called it a scam or try to deter buyers from getting into these currencies...either he is ignorant and has'nt done his homework...or he is invested and cant talk...because as per him saying one good thing about something like this would get him fired...as he must promote what the banks deal in...as he put it...most of the stuff out there is already unprofitable most of the time...and it would be hard for him to give financial advice on a specualtive investment 10,000 miles from here that is not recognized internationally yet, nor SEC regulated...as per what he deals in already...even if the markets are a basket case here!...In other words...the bankers can only say so much...and without knowing for a fact what will happen..I see their point...but when a huge conglomerate goes down over here in the U.S...and you lose everything..and it was promoted by all...again, how odd?......

 

Nothing makes sense...so..with that buy no more than you can afford to lose...it is a high risk investment..and it could flop tomorrow and you may not get anything back out of this...use your own gut feeling, study it, pray about it...etc...to each his own...but IMO...I think that this investment has been shrouded in secrecy under the guise of looking like a scam or joke...for what it's worth...

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