rulesforrebels Posted May 24, 2013 Report Share Posted May 24, 2013 Hey guys, not sure if anyone else has ever wondered about this but as we all know the internet is flush with info about the Iraqi Dinar on blogs, Guru websites, forums, etc. These are all great resources however lets be honest it's people like you and I posting our theories and speculations and there's not a lot of concrete info out there based on research and facts from credible sources. I was just wondering why this is? Just think about it even trying to find simple info like the history of the Dinar or the facts surrounding the Kuwaiti Dinar "revalue" it's hard to find any info even though these two topics are things that can be factually reported on, unlike speculation on revalue rates and margins and things like that None the less there is little to know info. I was recently checking amazon and see there's a few books on the subject, never realized Adam had a book until I recently saw it on Amazon. I recently borrowed a book on the Amazon library for free called the Dinar Date. Was thinking it was a RV prediction, apparently I didnt read the fine print to notice it was actually a novel about a sailor who bought Dinar lol. Anyhow, just curious why there's so little information out there. Also wondering if anyone has read Adams book or any other of the Dinar books on Amazon, seems there's only a handful. It all seems to be negative and about avoiding scams with the exception of Adams book The Iraqi Dinar Scam: Why Buying the Dinar is for Dummieshttp://www.amazon.com/Iraqi-Dinar-Scam-Dummies-ebook/dp/B007Z9DFN8/ref=sr_1_1?s=books&ie=UTF8&qid=1369415488&sr=1-1&keywords=iraqi+dinar Iraqi Dinar: Real RV Intelhttp://www.amazon.com/Iraqi-Dinar-Real-Intel-ebook/dp/B0034XRSEQ/ref=sr_1_3?s=books&ie=UTF8&qid=1369415488&sr=1-3&keywords=iraqi+dinar Confessions Of An Iraqi Dinar Dealer, No Hype, No Rumors, No Guru BShttp://www.amazon.com/Confessions-Iraqi-Dealer-Rumors-ebook/dp/B00CXXCCZS/ref=sr_1_8?s=books&ie=UTF8&qid=1369415488&sr=1-8&keywords=iraqi+dinar The Iraqi Dinar Revaluation Scam: What to do if you have bought or are being offered Iraqi Dinarshttp://www.amazon.com/Iraqi-Dinar-Revaluation-Scam-offered/dp/1479388483/ref=sr_1_4?s=books&ie=UTF8&qid=1369415488&sr=1-4&keywords=iraqi+dinar The New Iraqi Dinar Investment Guidehttp://www.amazon.com/New-Iraqi-Dinar-Investment-Guide/dp/097557762X/ref=sr_1_6?s=books&ie=UTF8&qid=1369415488&sr=1-6&keywords=iraqi+dinar Link to comment Share on other sites More sharing options...
ReVbo Posted May 24, 2013 Report Share Posted May 24, 2013 (edited) I've wondered about that, too. Nobody of any importance seems to want to talk about it. In the Forbes piece, for example, they had to come to little ole Birmingham, AL, to find some two-bit financial adviser who would even comment about it, when they've got all the world's financial experts within walking distance of their Manhattan offices. We did have an interesting aside from Lord Christopher Monckton, in a tangentally-related piece, a couple of months ago, but that was the highest-profile commentary I've ever seen. (He said to get yourself $1000 each worth of dinars and dongs, because they're both set to be "rehabilitated," by the way.) That Kindle book, incidentally, was just published last week, apparently. Might be something someone would like to look in to. Does anyone recognize the name Samir Massri? Is that Sam from Dinar Corp? Edited May 24, 2013 by ReVbo 1 Link to comment Share on other sites More sharing options...
DinarThug Posted May 24, 2013 Report Share Posted May 24, 2013 I Just Finished My First Book - It Turned Out So Good That I'm Thinking About Coloring Another One ... 12 Link to comment Share on other sites More sharing options...
Shabibilicious Posted May 24, 2013 Report Share Posted May 24, 2013 My greed and possible embarrassment keep me quiet. GO RV, then BV 4 Link to comment Share on other sites More sharing options...
rulesforrebels Posted May 24, 2013 Author Report Share Posted May 24, 2013 I Just Finished My First Book - It Turned Out So Good That I'm Thinking About Coloring Another One ... :D My little nephew just finished his first as well. I'll have to buy him some more crayons and tell him to work on the Dinar. I wish someone would just do a writeup on the history of the Dinar and related currencies. I go to look for the history of the Dinar and some dealers have a brief timeline but oftentimes the timelines from one dealers site to another don't even matchup. I'm not even talking anything RV related, just looking for some factually based info from a credible source on things like what exactly happenend with the Kuwaiti Dinar, what's the historical rates of the Iraqi Dinar, etc. This is stuff that should be able to be backed up with facts and should not lend itself to speculation but nothing out there. Like you guys have said even when forbes and newspapers do writeups they basically just talk to a dealer or some no name financial advisor who says dont invest. Hey, just found this book as well. Seems like kinda a silly subject matter DInar vs Silver but I've actually seen this guys youtube videos before... Silver vs. Iraqi Dinar http://www.smashwords.com/books/view/43993 Link to comment Share on other sites More sharing options...
sxsess Posted May 24, 2013 Report Share Posted May 24, 2013 My greed and possible embarrassment keep me quiet. GO RV, then BV Exactly 1 Link to comment Share on other sites More sharing options...
dontlop Posted May 24, 2013 Report Share Posted May 24, 2013 (edited) Hey guys, not sure if anyone else has ever wondered about this but as we all know the internet is flush with info about the Iraqi Dinar on blogs, Guru websites, forums, etc. These are all great resources however lets be honest it's people like you and I posting our theories and speculations and there's not a lot of concrete info out there based on research and facts from credible sources. I was just wondering why this is? Just think about it even trying to find simple info like the history of the Dinar or the facts surrounding the Kuwaiti Dinar "revalue" it's hard to find any info even though these two topics are things that can be factually reported on, unlike speculation on revalue rates and margins and things like that None the less there is little to know info. I was recently checking amazon and see there's a few books on the subject, never realized Adam had a book until I recently saw it on Amazon. I recently borrowed a book on the Amazon library for free called the Dinar Date. Was thinking it was a RV prediction, apparently I didnt read the fine print to notice it was actually a novel about a sailor who bought Dinar lol. Anyhow, just curious why there's so little information out there. Also wondering if anyone has read Adams book or any other of the Dinar books on Amazon, seems there's only a handful. It all seems to be negative and about avoiding scams with the exception of Adams book The Iraqi Dinar Scam: Why Buying the Dinar is for Dummieshttp://www.amazon.com/Iraqi-Dinar-Scam-Dummies-ebook/dp/B007Z9DFN8/ref=sr_1_1?s=books&ie=UTF8&qid=1369415488&sr=1-1&keywords=iraqi+dinar Iraqi Dinar: Real RV Intelhttp://www.amazon.com/Iraqi-Dinar-Real-Intel-ebook/dp/B0034XRSEQ/ref=sr_1_3?s=books&ie=UTF8&qid=1369415488&sr=1-3&keywords=iraqi+dinar Confessions Of An Iraqi Dinar Dealer, No Hype, No Rumors, No Guru BShttp://www.amazon.com/Confessions-Iraqi-Dealer-Rumors-ebook/dp/B00CXXCCZS/ref=sr_1_8?s=books&ie=UTF8&qid=1369415488&sr=1-8&keywords=iraqi+dinar The Iraqi Dinar Revaluation Scam: What to do if you have bought or are being offered Iraqi Dinarshttp://www.amazon.com/Iraqi-Dinar-Revaluation-Scam-offered/dp/1479388483/ref=sr_1_4?s=books&ie=UTF8&qid=1369415488&sr=1-4&keywords=iraqi+dinar The New Iraqi Dinar Investment Guidehttp://www.amazon.com/New-Iraqi-Dinar-Investment-Guide/dp/097557762X/ref=sr_1_6?s=books&ie=UTF8&qid=1369415488&sr=1-6&keywords=iraqi+dinar Posted Today, 05:20 AM Bjt TERRIL JONES , Associated Press Sep. 24, 1990 4:42 PM ET NICOSIA, CYPRUS NICOSIA, Cyprus (AP) _ Iraq, underscoring its control over Kuwait, has declared Kuwait's currency invalid and set a deadline for all who hold it to exchange it for Iraqi money, the government said Monday. Iraq will reimburse those who possess Kuwaiti dinars with Iraqi dinars on a 1-for-1 basis, the government said. Those who hold Kuwaiti dinars have until Oct. 6 to exchange it for Iraqi currency, said the announcement, carried by state Iraqi News Agency. After that date, Kuwaiti dinars will be considered worthless, the Baghdad government said. Iraq has methodically dismantled Kuwaiti institutions following its Aug. 2 invasion and annexation of Kuwait. Iraqi authorities have officially disbanded Kuwait's government, military and national airline, and call Kuwait Iraq's 19th province. The currency measure was taken ''to facilitate transactions throughout Iraq and ending duality in the monetary dealing,'' the government said. Before Iraqi President Saddam Hussein ordered his army into Kuwait, one Iraqi dinar was worth $3.22 and one Kuwaiti dinar traded at $3.45 at official rates. But the Kuwaiti currency was convertible on international markets while the Iraq dinar was not. The Iraqi currency remains inconvertible. The decision was also expected to eliminate the black market for the Kuwaiti dinar. Although the Iraqi dinar's official value remains the same, its value to buy goods or foreign currency on the black market was about one-tenth the official rate. Iraq punishes currency smugglers with death. In the first days of the invasion, the Kuwaiti dinar fell from $3.45 to about one-fifth its value before international currency exchanges suspended trading of the Kuwaiti currency. ''No banks will accept to quote or trade either Iraqi or Kuwaiti dinars,'' a Banque Francaise du Commerce Exterieur official said Monday. That would be forbidden under the freeze on Kuwaiti and Iraqi assets adopted by France and the other European Community countries, the Paris-based official said in an interview. He said even if there were no economic embargo, no one would trade the Kuwaiti dinar because there is no longer any central bank to guarantee its value. Anyone with Kuwaiti dinars outside the country would effectively be holding useless paper, the banker said. There are exceptions in extremely limited circumstances. Kuwaitis stranded in London can go to the National Bank of Kuwait or United Bank of Kuwait and get British pounds for their dinars if they have dinar accounts there and can prove that they are in desperate need of funds, according to a financial source in Bahrain. The Banque Misr, or Bank of Egypt, in Cairo has not been instructed to stop accepting the Kuwaiti dinar, an official of the bank's foreign exchange department said. The currency was quoted in Monday's fixtures as usual, though at $2.86. When the crisis erupted, the Egyptian-Saudi Finance Bank allowed Kuwaitis to exchange 500 dinars at the old rate for two days. Any other funds had to be exchanged at the reduced rate. The practice appeared part of the exile aid program run by the Kuwaiti government, itself in exile in Saudi Arabia, the financial source in Bahrain said. Certain local banks may have been given a guarantee by Kuwaiti embassies allowing them to exchange dinars to needy Kuwaiti citizens, the source said. But it would be impossible for the Kuwaiti government-in-exile to honor all dinars, because Iraq could then try to convert the huge stocks of Kuwaiti cash its soldiers plundered during the invasion, the source noted. The fall of Kuwait made instant paupers out of tens of thousands of people with assets in Kuwait or Kuwaiti currency. H. Zahreddin, a wealthy Lebanese businessman doing business in Kuwait, flew home to Lebanon the day before Iraq overran Kuwait to throw a lavish wedding party for his daughter at a plush Beirut hotel. ''I went to bed a millionaire and woke up in debt,'' Zahreddin said later. ''The hotel refused to accept my Kuwaiti dinar check to settle the bill. http://www.apnewsarc...ee3c34fce20be34 i guess as long as the ";official rate" doesnt change it didnt rv . looks like it fell to around 70 cents during the first days on the international exchange ... about one fifth of its 3.45 original value .. according to the associated press.. after that the kwd was selling for under10 cents on the streets Read more: http://dinarvets.com...5#ixzz2PxyVhaZC Read more: http://dinarvets.com/forums/index.php?/topic/105700-lopster-question/page-6#ixzz2UFcUsnA0 Edited May 24, 2013 by dontlop Link to comment Share on other sites More sharing options...
dontlop Posted May 24, 2013 Report Share Posted May 24, 2013 (edited) except for the swiss dinar in iraq .. its official rate was zero .. but it was exchanged at 150 times the saddam dinars that did have an official rate of arouind 2000 to one .. the iraqi swiss dinars official exchange rate was zero to one Edited May 24, 2013 by dontlop Link to comment Share on other sites More sharing options...
SnowGlobe7 Posted May 24, 2013 Report Share Posted May 24, 2013 I Just Finished My First Book - It Turned Out So Good That I'm Thinking About Coloring Another One ... :D Since when do we let you use crayons!!! Have we raised your security clearance???? Please tell me you did not eat them when you were done!!! 1 Link to comment Share on other sites More sharing options...
dontlop Posted May 24, 2013 Report Share Posted May 24, 2013 (edited) Before Iraqi President Saddam Hussein ordered his army into Kuwait, one Iraqi dinar was worth $3.22 and one Kuwaiti dinar traded at $3.45 at official rates. But the Kuwaiti currency was convertible on international markets while the Iraq dinar was not. The Iraqi currency remains inconvertible. The decision was also expected to eliminate the black market for the Kuwaiti dinar. Although the Iraqi dinar's official value remains the same, its value to buy goods or foreign currency on the black market was about one-tenth the official rate. Iraq punishes currency smugglers with death. Read more: http://dinarvets.com/forums/index.php?/topic/149603-anyone-ever-wondered-why-so-limited-info-on-dinar-outside-of-forums-and-blogs-no-books/#ixzz2UFkyHuYB Edited May 24, 2013 by dontlop Link to comment Share on other sites More sharing options...
dontlop Posted May 24, 2013 Report Share Posted May 24, 2013 (edited) so the market rate of the iraq dinar was around 32 cents after he invaded kuwait in 1990 when the above article was written by associated press .. it deteriorated to 2000 to one on the day of the removal of saddams regime and the bathe party the internet wasnt as widely used back in 1990 .. you would have to go back into media archives to find those storys .. Edited May 24, 2013 by dontlop Link to comment Share on other sites More sharing options...
dontlop Posted May 24, 2013 Report Share Posted May 24, 2013 http://news.bbc.co.uk/onthisday/hi/dates/stories/august/2/newsid_2526000/2526937.stm 1990: Iraq invades Kuwait More than 100,000 Iraqi soldiers backed up by 700 tanks invaded the Gulf state of Kuwait in the early hours of this morning. Timeline, 1990 - 2011 iraq war http://usiraq.procon.org/view.resource.php?resourceID=000670 Hussein accused neighboring Kuwait in July, 1990, with flooding world oil markets, causing oil prices to decrease and threatening Iraq-s attempts to boost its war-torn economy. On Aug. 2, 1990, some 120,000 Iraqi troops invaded Kuwait, and Hussein declared its annexation."Columbia Encyclopedia Sixth Edition, 2001-2005, "Iraq," www.bartleby.com, Mar. 28, 2007 On July 25, 1990, US Ambassador to Iraq, April Glaspie, tells Saddam Hussein, "I admire your extraordinary efforts to rebuild your country. I know you need funds. We understand that and our opinion is that you should have the opportunity to rebuild your country. But we have no opinion on the Arab-Arab conflicts, like your border disagreement with Kuwait."New York Times "Excerpts from Iraqi Document on Meeting with the US Envoy," Sep. 23, 1990 "Aug. 2, 1990 - The United Nations Security Council convenes an emergency session at the request of Kuwait and the United States, and votes 14-0 (with Yemen abstaining) to condemn the invasion and to demand that Iraq withdraw immediately and unconditionally [UN Resoultion 660]... Aug. 6, 1990 - UN Security Council imposes trade embargo [UN Resolution 661] on Iraq in a 13-0 vote, with Cuba and Yemen abstaining."CNN "The Unfinished War: A Decade Since Desert Storm," www.cnn.com, Apr. 4, 2007 key documents http://usiraq.procon.org/view.resource.php?resourceID=000674 long live the new iraq http://govinfo.library.unt.edu/cpa-iraq/pressreleases/index.html Link to comment Share on other sites More sharing options...
skeptic1138 Posted May 25, 2013 Report Share Posted May 25, 2013 If the whole RV thing is a myth created by the dealers and others profiting off of the idea, then the only books you would be likely to see written by others would be debunking that myth. If the myth isn't that wide spread you would see few of those as there just wouldn't be any money in writing them. Link to comment Share on other sites More sharing options...
DinarThug Posted May 25, 2013 Report Share Posted May 25, 2013 Since when do we let you use crayons!!! Have we raised your security clearance???? Please tell me you did not eat them when you were done!!! Yo Snap ! U Mean That U Can Also Eat Them ! I Usually Just Put Them In My Nose Because It Looks Cool ! 1 Link to comment Share on other sites More sharing options...
Texas1 Posted May 25, 2013 Report Share Posted May 25, 2013 Yo Snap ! U Mean That U Can Also Eat Them ! I Usually Just Put "Them" In My Nose Because It Looks Cool ! and we all know what "them" backwards spells...... 1 Link to comment Share on other sites More sharing options...
umbertino Posted May 25, 2013 Report Share Posted May 25, 2013 and we all know what "them" backwards spells...... lol. 1 Link to comment Share on other sites More sharing options...
bg888 Posted May 25, 2013 Report Share Posted May 25, 2013 and we all know what "them" backwards spells...... meht? 2 Link to comment Share on other sites More sharing options...
umbertino Posted May 25, 2013 Report Share Posted May 25, 2013 meht? I know but you got the joke anyway.... 1 1 Link to comment Share on other sites More sharing options...
sandfly Posted May 25, 2013 Report Share Posted May 25, 2013 THANKS Link to comment Share on other sites More sharing options...
Boozer Posted May 25, 2013 Report Share Posted May 25, 2013 OK THANKS Link to comment Share on other sites More sharing options...
millionaire in training Posted May 25, 2013 Report Share Posted May 25, 2013 The way I see this is this whole dinar thing is, There's only two sides to it. You either think it's a good idea and has a good chance of RV or you dont (scam for fools). What side of the fence are you on ? So you see all we have is speculation. Its had to sell books based on that. Look on the bright side at least we all have this site and each other to bounce off of. Link to comment Share on other sites More sharing options...
Kaduku Posted May 25, 2013 Report Share Posted May 25, 2013 WOW! nuff said. Link to comment Share on other sites More sharing options...
Alex38 Posted May 25, 2013 Report Share Posted May 25, 2013 I'm actually writing a book right now. It's titled "Why My Friends I Convinced to Buy Dinar Won't Speak to Me Anymore" ... It's a comedy of errors so to speak... 1 Link to comment Share on other sites More sharing options...
zigmeister Posted May 25, 2013 Report Share Posted May 25, 2013 I'm actually writing a book right now. It's titled "Why My Friends I Convinced to Buy Dinar Won't Speak to Me Anymore" ... It's a comedy of errors so to speak... It could make a great sitcom. Link to comment Share on other sites More sharing options...
Maggie123 Posted May 25, 2013 Report Share Posted May 25, 2013 I'm actually writing a book right now. It's titled "Why My Friends I Convinced to Buy Dinar Won't Speak to Me Anymore" ... It's a comedy of errors so to speak... NOOOoooo You Didn't! Alex I Just LOVE You. Link to comment Share on other sites More sharing options...
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