screwball Posted December 27, 2021 Report Share Posted December 27, 2021 too many articles to post just click the link https://financialtribune.com/tags/currency-revaluation-in-iran 6 1 Quote Link to comment Share on other sites More sharing options...
cjdavid Posted December 27, 2021 Report Share Posted December 27, 2021 Not wanting to open the “can of worms” here, is it an ok thing to buy their $$ when they chant death to America? Does investing their $$ not give them some of ours? And I would think that banks may not cash you out when the time comes if sanctions exist? Am I caught off base here? 2 2 Quote Link to comment Share on other sites More sharing options...
hspotman Posted December 27, 2021 Report Share Posted December 27, 2021 Well the Rial investment is shot if they RD. 1 1 Quote Link to comment Share on other sites More sharing options...
yendor Posted December 27, 2021 Report Share Posted December 27, 2021 2 hours ago, cjdavid said: Not wanting to open the “can of worms” here, is it an ok thing to buy their $$ when they chant death to America? Does investing their $$ not give them some of ours? And I would think that banks may not cash you out when the time comes if sanctions exist? Am I caught off base here? I believe that Screwball's intent was to point out the discrepency of the value of the IQD compared to the value of the Iran Rial and how there "seems" to be movement within the vaue of the Rial. JMHO 3 Quote Link to comment Share on other sites More sharing options...
cjdavid Posted December 27, 2021 Report Share Posted December 27, 2021 1 hour ago, yendor said: I believe that Screwball's intent was to point out the discrepency of the value of the IQD compared to the value of the Iran Rial and how there "seems" to be movement within the vaue of the Rial. JMHO Gotcha. Thanks 1 1 Quote Link to comment Share on other sites More sharing options...
new york kevin Posted December 27, 2021 Report Share Posted December 27, 2021 8 hours ago, cjdavid said: Not wanting to open the “can of worms” here, is it an ok thing to buy their $$ when they chant death to America? Does investing their $$ not give them some of ours? And I would think that banks may not cash you out when the time comes if sanctions exist? Am I caught off base here? I don't see why not. It appears to me to be like bringing the wealth of the enemy into the storehouse of the Lord. Remember this same thing occured 60 or 61 years ago with the post WW II German Mark. WE are abt at the 15 yr waiting period on this RV . 4 1 Quote Link to comment Share on other sites More sharing options...
Dinarrock Posted December 27, 2021 Report Share Posted December 27, 2021 I would never invest in Iran’s currency trash period!! Once Iraq is finally done and over with there are so many more investment opportunities out there for your money and Iran ISN'T one of them!!! 1 1 3 Quote Link to comment Share on other sites More sharing options...
Longtimelurker Posted December 27, 2021 Report Share Posted December 27, 2021 59 minutes ago, Dinarrock said: I would never invest in Iran’s currency trash period!! Once Iraq is finally done and over with there are so many more investment opportunities out there for your money and Iran ISN'T one of them!!! If Iran is included in the GCR, it might be a good investment 3 2 Quote Link to comment Share on other sites More sharing options...
Luigi1 Posted December 28, 2021 Report Share Posted December 28, 2021 Iran is in dire straights. They have no choice but to do a LOP. 1 1 1 Quote Link to comment Share on other sites More sharing options...
Dinarrock Posted December 28, 2021 Report Share Posted December 28, 2021 2 hours ago, Longtimelurker said: If Iran is included in the GCR, it might be a good investment Nope just like Luigi said Iran will LOP no matter what, it’s a bad investment IMO!! Why would anyone subject themselves to another currency investment after seeing how long Iraq has taken and Iraq actually has strong reasons why they should RV all this time! 2 1 Quote Link to comment Share on other sites More sharing options...
markb57 Posted December 28, 2021 Report Share Posted December 28, 2021 well, we'll just have to wait to see. All of this ME currency is a gamble..... 1 1 2 Quote Link to comment Share on other sites More sharing options...
Longtimelurker Posted December 28, 2021 Report Share Posted December 28, 2021 1 hour ago, Dinarrock said: Nope just like Luigi said Iran will LOP no matter what, it’s a bad investment IMO!! Why would anyone subject themselves to another currency investment after seeing how long Iraq has taken and Iraq actually has strong reasons why they should RV all this time! The risk is so minimal though.. 2 Quote Link to comment Share on other sites More sharing options...
rvmydinar Posted December 28, 2021 Report Share Posted December 28, 2021 7 hours ago, markb57 said: All of this ME currency is a gamble..... Vietnamese dong, too. 1 2 Quote Link to comment Share on other sites More sharing options...
rvmydinar Posted December 28, 2021 Report Share Posted December 28, 2021 9 hours ago, Luigi1 said: Iran is in dire straights. They have no choice but to do a LOP. What about kuwaiti dinar? Did the kuwaiti dinar revalue or RI or RD after iraqi army was kicked out of kuwaiti country? will iranian rial be like kuwaiti dinar? Quote Link to comment Share on other sites More sharing options...
screwball Posted December 28, 2021 Author Report Share Posted December 28, 2021 11 hours ago, Longtimelurker said: If Iran is included in the GCR, it might be a good investment trump said Iran will be a powerhouse and have very strong currency, they have also stated a return to its value against gold and silver which by memory pouts it at around 1:2$ 1 1 1 Quote Link to comment Share on other sites More sharing options...
screwball Posted December 28, 2021 Author Report Share Posted December 28, 2021 8 hours ago, Longtimelurker said: The risk is so minimal though.. very minimal a risk prepared to take thats why i have over 100,000,000 1 1 2 Quote Link to comment Share on other sites More sharing options...
oregonrealtor Posted December 29, 2021 Report Share Posted December 29, 2021 Well, the way Iran is acting these days, Israel may turn the whole country into a glowing nuclear waste zone so their currency would be worth what? 2 Quote Link to comment Share on other sites More sharing options...
screwball Posted December 29, 2021 Author Report Share Posted December 29, 2021 18 minutes ago, oregonrealtor said: Well, the way Iran is acting these days, Israel may turn the whole country into a glowing nuclear waste zone so their currency would be worth what? never going to happen......watch and learn 1 Quote Link to comment Share on other sites More sharing options...
screwball Posted December 29, 2021 Author Report Share Posted December 29, 2021 22 hours ago, markb57 said: well, we'll just have to wait to see. All of this ME currency is a gamble..... yep and you have to be in it to win it 1 2 Quote Link to comment Share on other sites More sharing options...
coorslite21 Posted December 29, 2021 Report Share Posted December 29, 2021 All ME currency carry's a value.....they are all worth something.....some more than others.... In years past Israel would have at least slowed down Iran.....with weak leadership there....and the US, nothing will happen until US midterms are over... In a world going green Vietnam as the 6th largest manufacturing country looks pretty good to me... The US has suppressed the value of their currency since the 70's and they have followed the Chinese blueprint economically. JMO.......CL 3 Quote Link to comment Share on other sites More sharing options...
markb57 Posted December 29, 2021 Report Share Posted December 29, 2021 2 hours ago, screwball said: yep and you have to be in it to win it and I am..... 1 Quote Link to comment Share on other sites More sharing options...
new york kevin Posted December 29, 2021 Report Share Posted December 29, 2021 On 12/27/2021 at 1:35 PM, Dinarrock said: I would never invest in Iran’s currency trash period!! Once Iraq is finally done and over with there are so many more investment opportunities out there for your money and Iran ISN'T one of them!!! I actually agree with you, I would not invest in Iran's currency either , for our country's history with them, let alone their relationship to the world. But that's my personal choice . Another reason I wouldn't invest in them is that they don't have the things going for them that Iraq does. Vietnam has a non oil dependent economy going for them . 1 Quote Link to comment Share on other sites More sharing options...
Longtimelurker Posted December 29, 2021 Report Share Posted December 29, 2021 25 minutes ago, new york kevin said: I actually agree with you, I would not invest in Iran's currency either , for our country's history with them, let alone their relationship to the world. But that's my personal choice . Another reason I wouldn't invest in them is that they don't have the things going for them that Iraq does. Vietnam has a non oil dependent economy going for them . Iran didn't want the evil central bank system that was being forced on them by the corrupt powers including the U.S. I believe we have been fed a bunch of crap from our televisions about iran.. 1 1 2 Quote Link to comment Share on other sites More sharing options...
Freedomwish Posted December 30, 2021 Report Share Posted December 30, 2021 On 12/27/2021 at 8:38 PM, markb57 said: well, we'll just have to wait to see. All of this ME currency is a gamble..... On 12/28/2021 at 7:20 PM, screwball said: yep and you have to be in it to win it Hey, you never know - anything can happen, I'd rather try than not trying at all and regretting it later should it all pop off. Yup!! 😁👍🍺 1 2 Quote Link to comment Share on other sites More sharing options...
screwball Posted December 30, 2021 Author Report Share Posted December 30, 2021 On 12/29/2021 at 6:14 PM, Longtimelurker said: Iran didn't want the evil central bank system that was being forced on them by the corrupt powers including the U.S. I believe we have been fed a bunch of crap from our televisions about iran.. iran were under CIA control much like NK........trump and SA changed it all 1 1 Quote Link to comment Share on other sites More sharing options...
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