why cant anyone believe

[220 mike]

I've heard this claimed a lot but no one has ever been able to show me proof of this statement. I've heard claims on the amount but no one knows where those numbers came from.

Why do you think that the US is holding large amounts of Dinar? Is it from a legitimate news source or is it from reading other intel on sites like this? I'm not bashing, I'm just looking for some solid source of information as to this specific claim.

I'd love for it to be true.

Wes

WES, THIS IS MY POINT. PEOPLE ARE SAYING THAT IRAQ CANT COME TO THE BIG LEAGUES WITH A CURRENCY VALUED AS IT IS. LOOK AT ALL THE WORLD CURRENCIES AND TELL ME HOW THE REST OF THE WORLD DOES IT. THE ONLY PEOPLE WHO SAY SUCH BS IS THE PUMPERS. YOU CAN ALWAYS TELL WHO IS STILL DRINKING THE COOLAID BUY THEIR SOUND BITES

[magawatt]

Its so funny that everyone believes all this RV hype but if someone even mentions the fact that the ONLY thing that has been actually talked about is RD which means nothing to our investment. The only OTHER THAN discussions and RV intel has been put out by pumpers. Probably the fact is that the only thing that will happen is an RD. History shows the only other big RV was after WW2 with Germany. They say Iraq cant exist on such a low valued currency but the FACT is almost every country in the world does. Hell the combination of all OPEC countries minus Kuwait is $.27 so why is it that ONLY iraq cant exist.

I am now wondering why Ali pulled out. What is the reason. I have spoken with my local senator and he all but confirmed that this whole deal is under investigation. My friend who is a VP with 5th 3rd confirmed that the reason they are not selling dinar any longer is corporate is worried that they will be sued over investment laws. They original reason was for travel until the lawyers got wind.

My feeling is that we will never see any RV. People get banned from forums for saying such things but I dont care, people are dropping like flies from these forums. The old members anyway

MY OPINION

[/quote

It seems very important to you that others accept your opinion. Have you spoken to anyone about this?

[220 mike]

Quote

Hell the combination of all OPEC countries minus Kuwait is $.27

End Quote

The Bharhain Dinar is $2.65.

YES I KNOW AND THAT WAS CONSIDERED IN THE CALC. JUST COULDNT REMEMBER THE COUNTRY BUT DID REMEMBER THE AMOUNT... SORRY

[Legolas]

Why did you buy dinar if you think it will never revalue and why are you here? We need positive people here not someone who posts everyday that it is never going to happen.Your life must really suck if all you do is be negative all the time. You can say we are not realistic but reality is Iraq needs the RV. They can't be in the big leagues with a currency worth nothing.

I never cease to be amazed at the number of people who insist that Iraq's currency is worth "nothing." The value of a nation's currency is relative. How it compares to the U.S. Dollar in unit value is irrelevant as would be easily recognized by a quick review of the currencies of more than 100 countries. MANY are valued far less than that of Iraq. What matters is what can be "purchased" with a particular unit of currency, not how many of those units it takes to equal one U.S. Dollar. Following is a list of OPEC and GCC Countries, some of which are among the most wealthy in the world. Also listed are China and Vietnam, which are often discussed. Note the value comparisons to the Dollar, and how many are less than that of Iraq, which is a poverty stricken country. The Dinar is not worthless by any stretch of the imagination. Undervalued? Perhaps. But they have a long way to go before they compare to the others.

O.P.E.C. and G.C.C. Countries and Rates:

OPEC:

Algeria……………... .0013 Angola…………..… .01069 Ecuador……..……. .00004 Iran…………………. .00009 Iraq………………….. .00085 Kuwait……………... 3.61 Libya………………… .82 Nigeria……………… .00633 Qatar…………………. .27 Saudi Arabia……... .26 U.A.E………………… .27 Venezuela………….. .232

GCC:

Bahrain……………….... 2.64 Kuwait………………...… 3.61 Qatar…………………..... .27 Saudia Arabi………...… .27 Oman…………………… 2.60 U.A.E…………..……….. .27

Pending:

Jordan……………....... .70 Morocco…………… .127

China………………… .153 Vietnam……………….. .0005 Thailand……………….. .032

[alajim]

We can cuss and discuss till the cows come home but NOBOODY knows and I choose to think Positive and see the glass half full.

I like that !!

[metalriff]

Same can be said about the claims the US holds lots of dinar, we have no idea , that might be totally false as well. Nuff said.

[umbertino]

I've heard this claimed a lot but no one has ever been able to show me proof of this statement. I've heard claims on the amount but no one knows where those numbers came from.

Why do you think that the US is holding large amounts of Dinar? Is it from a legitimate news source or is it from reading other intel on sites like this? I'm not bashing, I'm just looking for some solid source of information as to this specific claim.

I'd love for it to be true.

Wes

the Reality ( once again) is that NOBODY KNOWS.

[magawatt]

Using the above information, the average currency value of the current GCC countries is $1.61. Including the pending countries is $1.21.

Edited May 30, 2011 by magawatt

[The Jonald]

common sense will tell u, if people think about it. iraq will rv at a low rate between 10 and 20 cents to the dollar, bring in all the big bills and then go up slowly from there. or rv high and lop the currency. wow!! nothing else to talk about, except when it will happen.

[magawatt]

common sense will tell u, if people think about it. iraq will rv at a low rate between 10 and 20 cents to the dollar, bring in all the big bills and then go up slowly from there. or rv high and lop the currency. wow!! nothing else to talk about, except when it will happen.

The big bill won't come in quickly without the coercion of a time window.

I really hope Uncle Sam has a big vault full of 25K bills- just to level the "common sense" playing field.

If the US govt is going to tax the hell out of us for this, they should earn it!

Edited May 30, 2011 by magawatt

[cdb]

I never cease to be amazed at the number of people who insist that Iraq's currency is worth "nothing." The value of a nation's currency is relative. How it compares to the U.S. Dollar in unit value is irrelevant as would be easily recognized by a quick review of the currencies of more than 100 countries. MANY are valued far less than that of Iraq. What matters is what can be "purchased" with a particular unit of currency, not how many of those units it takes to equal one U.S. Dollar. Following is a list of OPEC and GCC Countries, some of which are among the most wealthy in the world. Also listed are China and Vietnam, which are often discussed. Note the value comparisons to the Dollar, and how many are less than that of Iraq, which is a poverty stricken country. The Dinar is not worthless by any stretch of the imagination. Undervalued? Perhaps. But they have a long way to go before they compare to the others.

O.P.E.C. and G.C.C. Countries and Rates:

OPEC:

Algeria……………... .0013 Angola…………..… .01069 Ecuador……..……. .00004 Iran…………………. .00009 Iraq………………….. .00085 Kuwait……………... 3.61 Libya………………… .82 Nigeria……………… .00633 Qatar…………………. .27 Saudi Arabia……... .26 U.A.E………………… .27 Venezuela………….. .232

GCC:

Bahrain……………….... 2.64 Kuwait………………...… 3.61 Qatar…………………..... .27 Saudia Arabi………...… .27 Oman…………………… 2.60 U.A.E…………..……….. .27

Pending:

Jordan……………....... .70 Morocco…………… .127

China………………… .153 Vietnam……………….. .0005 Thailand……………….. .032

I've been working on posting something very similar to your post.........good job.

The one that surprised me was South Korea........1078 to 1 USD. I figured theirs would be worth more but as it is right now it is worth a little less than the Dinar. Go figure.

I also wonder why Kuwait and Bahrain are valued so much more than other GCC countries?

[HappySteel]

I don't have time to post an in depth statement so I'll say this:

Our goverment has no Dinar-----Where is any kind of proof?

Shabibi or Maliki (or whoever) did not announce an Rv to their people---Don't you think that anything that big would have made it to even their news? It didn't!!!--No proof

Iraqi curency is not worthless, it gets them by or has and will

Guru's are as full of Crap as a Christmas Turkey--There is proof of this because none of their predictions have come true

Truth--Dinar dealers are making lots of money

The truth is, nobody knows anything and there is no Easter Bunny

[dinard9888]

What? No Easter Bunny. That's it,I quit.

[Stradergrl]

I just can't get past the fact that the United States owns large quantities of Iraqi dinar, and that President Bush and others have claimed that this war wouldn't cost us any money at all. Others have claimed that the US is the largest dinar owner in the world, outside of Iraq, itself. Then Geitner said that he was expecting a huge new infusion of money soon. Plus Obama surely wants the money very badly so he can claim credit for getting it. Also, the claims (by the IMF?) that the world is close to a reset of most major world currencies surely plays into this. Even the accusations made toward the IMF leader in New York sound suspect, given that he is not a US sympathizer. So many countries of the world need this "reset" badly. Those include Greece, Ireland, Spain, Italy, England, France, the United States, et al. I can't cite origins for these ideas right now, although if I had the time, I could find them, but most of us have read all of them from fairly-to-highly credible sources--Okie, not withstanding.

So I still believe very much that the dinar will RV someday, if not this week, very soon, make me a rich woman, but meantime, I have decided, for sanity's sake, to check this site every morning, and then go on about my daily life. It's not the life I could have, nor is it the life I really want, but it is the life I have, and I need to get on with living it. The future will get here, or it won't, and it will include the RV or it won't, but whatever the future holds, I am not going to wait until this dinar RV's to live my life. On the other hand, I'm certainly not giving up hope for the RV, something that seems reasonable and logical and that I want very much.

So there we are. As so many others of you have said, "Just sayin'."

Meantime, a huge THANK YOU!!! to all American servicemen and woman everywhere!! You have given so much, and America thanks you!!!

Francie26

Very well put! Makes sense!

[umbertino]

I've been working on posting something very similar to your post.........good job.

The one that surprised me was South Korea........1078 to 1 USD. I figured theirs would be worth more but as it is right now it is worth a little less than the Dinar. Go figure.

I also wonder why Kuwait and Bahrain are valued so much more than other GCC countries?

You mean South Korea currency ( at 1078 for $1) is worth a little MORE than Iraq's currency ( at 1170 for $1)..

Kuwait, Bharain and Oman ($2.60)

Edited May 31, 2011 by umbertino

[Robdel]

220 Mike Look at this article and tell me there is no rv.

Posted Today, 08:39 AM

Babylon University Study: Proposal to raise zeros from Iraqi dinarPosted: May 31, 2011 by THE CURRENCY NEWSHOUND - Just Hopin in Iraqi Dinar/Politics

Tags: Central Bank of Iraq, Coalition Provisional Authority, Economy of Iraq, Iraq, Iraqi dinar, Jordanian dinar, Purchasing power, United States dollar 0May 27, 2011

Proposal to raise zeros from Iraqi dinar

A. M. D. Jawad Kadhim al-Bakri

Usually Matqom financial authorities of b (Ministry of Finance) by using the (fiscal policy) in order to maintain the general level of prices, in addition to the use of all productive resources available in the local economy to reach a state of full employment, as well as supporting the march of economic development, and this is done through the use of power financial instruments of fiscal policy b (government spending, and taxes).

The Authority uses financial instruments to address these problems (inflation, recession, unemployment), which is usually self-styled (the gap inflationary and deflationary gap), which might be exposed to the local economy, in addition to their use is targeted to raise the level of growth in the country.

Thus, the fiscal authority has no right to influence money supply and demand as they are the powers of the monetary authority of the Central Bank.

History tells us modern economy that many of the countries of the world (which went through wars large Kaharpin Wars I and II or the collapse of their totalitarian as States of the former socialist camp) has proceeded to one of two things, either you change the national currency or remove a group zeroes them to return to the square of economic stability.

In the U.S. experience in Iraq after the fall of the previous dictatorial regime has the Coalition Provisional Authority to change the currency of the new Iraqi currency, but equal in value, which would not intentionally CPA to raise the purchasing power of the Iraqi currency against the U.S. dollar or other currencies.

This situation led to keep the Iraqi dinar is equivalent to (0.067) U.S. cents, which indicates a significant decrease in the purchasing power of the Iraqi dinar.

If what has lift (three zeros) from the Iraqi dinar, it will lead to increase its value to the (1000) once calculated value Almertbip to the number of zeros that have been filed, any box of cigarettes that were sold (1000) dinars possible purchase after the lifting of the zeroes dinar and one, a thousand dinars and modern can be obtained by the A pack of cigarettes.

In theory and when lifting (three zeros from Iraqi dinar), the purchasing power will rise to the U.S. dollar significantly to become one U.S. dollar equals (JD and a half) just so that the goods imported from abroad, worth before the lifting of the zeroes (1.2 million) Iraqi dinars, equivalent to ( 1000) U.S. dollars, will be worth after the lifting of the three zeroes (1200) Iraqi dinars, equivalent to (1000) dollars as well, and this will Igelb to remember any negative effects on the Iraqi citizen of the theory.

Positives raise zeros from the Iraqi dinar: The process of removing three zeros from Iraqi dinar deliberate, according to a tight monetary policy will lead to the following pros:

1. raise the purchasing power of the Iraqi dinar.

2. revalue the Iraqi dinar against other currencies.

3. increase the confidence of the Iraqi economy to foreign investors.

4. increase the confidence of the Iraqi citizen Bammelth National, which has become comparable to other currencies such as the U.S. dollar and the Jordanian dinar and the Kuwaiti dinar … etc..

http://www.iraq-busi...aqi-parliament/

Read more:

[HappySteel]

You mean South Korea currency ( at 1078 for $1) is worth a little MORE than Iraq's currency ( at 1170 for $1)..

Kuwait, Bharain and Oman ($2.60)

That's like saying, why is a watermelon bigger than an orange? That's because they are totally differnent things------------

[pennoch3000]

Amen to post #25. GB is not as dumb as some people would like to paint him. However, IMO - it will get O re-elected because he will take credit for it just like he did for OBL.

[umbertino]

That's like saying, why is a watermelon bigger than an orange? That's because they are totally differnent things------------

I was commenting 2 diff. things.

[pennoch3000]

Post #37.....no Easter Bunny...probably no Santa Claus either....how about the Tooth Fairy.....we all have our beliefs - I for one believe in all of those mentioned....and if you have ever had a child - that child believes in those too. Either we have faith or we have nothing. I have faith, and my faith tells me that I did not make a mistake buying dinar and that it will RV. I HOPE (which is different than FAITH) it is over $3.00, but will take $1.17 gratefully. We don't need people who are naysayers and negitive....,my glass is always half full....too bad yours isn't - you would be much happier!!!

[DinarBam]

Post #37.....no Easter Bunny...probably no Santa Claus either....how about the Tooth Fairy.....we all have our beliefs - I for one believe in all of those mentioned....and if you have ever had a child - that child believes in those too. Either we have faith or we have nothing. I have faith, and my faith tells me that I did not make a mistake buying dinar and that it will RV. I HOPE (which is different than FAITH) it is over $3.00, but will take $1.17 gratefully. We don't need people who are naysayers and negitive....,my glass is always half full....too bad yours isn't - you would be much happier!!!

Pennoch, that's simply not a reaonable statement. Optimism and common sense are not mutually exclusive. Being positive about a high risk venture does not require you to also abandon your intelect. The Dinar may be a great investment or may yield nothing and that is the nature of the speculation. This is what I have understood from the time I first invested 2 years ago yet I remain positive and optimistic about it like all other investments. I am a very positive person, a dinar investor, and completely OK with points of view other than "RV TOMORROW, WOOHOO". Make room for everyone and feel good about the future. Who knows, it may include a Dinar RV...

[Luigi1]

Do the math...After they LOP off 3 zeros, your million ID become 1,000 ID, then multiplied by 1.3. You just made $1.300 off of your $1.100 original investment or $200 per million ID.

Read more: http://dinarvets.com/forums/index.php?/topic/68741-iraqi-dinar-has-become-one-of-the-best-currencies-in-the-region-because-it-is-equal-to-13-us-dollars/page__st__20#ixzz1Nyd4yICN

[Kooper]

I am stil hopin' and prayin'. If it turns out to be a bad investment, then oh well....it was a calculated risk based on the previous value of their currency. I still think that eventually it will revalue. May not be back to the original value, but if I make a few bucks...it will be a better investment than the house I bought a few years back.

I don't understand the people that spend the time to go off that this is a bad investement. No one forced you to invest. If you don't believe, then don't invest.

Me?.....I believe.

[keepmwlknfny]

220 Mike Look at this article and tell me there is no rv.

Posted Today, 08:39 AM

Babylon University Study: Proposal to raise zeros from Iraqi dinarPosted: May 31, 2011 by THE CURRENCY NEWSHOUND - Just Hopin in Iraqi Dinar/Politics

Tags: Central Bank of Iraq, Coalition Provisional Authority, Economy of Iraq, Iraq, Iraqi dinar, Jordanian dinar, Purchasing power, United States dollar 0May 27, 2011

Proposal to raise zeros from Iraqi dinar

A. M. D. Jawad Kadhim al-Bakri

Usually Matqom financial authorities of b (Ministry of Finance) by using the (fiscal policy) in order to maintain the general level of prices, in addition to the use of all productive resources available in the local economy to reach a state of full employment, as well as supporting the march of economic development, and this is done through the use of power financial instruments of fiscal policy b (government spending, and taxes).

The Authority uses financial instruments to address these problems (inflation, recession, unemployment), which is usually self-styled (the gap inflationary and deflationary gap), which might be exposed to the local economy, in addition to their use is targeted to raise the level of growth in the country.

Thus, the fiscal authority has no right to influence money supply and demand as they are the powers of the monetary authority of the Central Bank.

History tells us modern economy that many of the countries of the world (which went through wars large Kaharpin Wars I and II or the collapse of their totalitarian as States of the former socialist camp) has proceeded to one of two things, either you change the national currency or remove a group zeroes them to return to the square of economic stability.

In the U.S. experience in Iraq after the fall of the previous dictatorial regime has the Coalition Provisional Authority to change the currency of the new Iraqi currency, but equal in value, which would not intentionally CPA to raise the purchasing power of the Iraqi currency against the U.S. dollar or other currencies.

This situation led to keep the Iraqi dinar is equivalent to (0.067) U.S. cents, which indicates a significant decrease in the purchasing power of the Iraqi dinar.

If what has lift (three zeros) from the Iraqi dinar, it will lead to increase its value to the (1000) once calculated value Almertbip to the number of zeros that have been filed, any box of cigarettes that were sold (1000) dinars possible purchase after the lifting of the zeroes dinar and one, a thousand dinars and modern can be obtained by the A pack of cigarettes.

In theory and when lifting (three zeros from Iraqi dinar), the purchasing power will rise to the U.S. dollar significantly to become one U.S. dollar equals (JD and a half) just so that the goods imported from abroad, worth before the lifting of the zeroes (1.2 million) Iraqi dinars, equivalent to ( 1000) U.S. dollars, will be worth after the lifting of the three zeroes (1200) Iraqi dinars, equivalent to (1000) dollars as well, and this will Igelb to remember any negative effects on the Iraqi citizen of the theory.

Positives raise zeros from the Iraqi dinar: The process of removing three zeros from Iraqi dinar deliberate, according to a tight monetary policy will lead to the following pros:

1. raise the purchasing power of the Iraqi dinar.

2. revalue the Iraqi dinar against other currencies.

3. increase the confidence of the Iraqi economy to foreign investors.

4. increase the confidence of the Iraqi citizen Bammelth National, which has become comparable to other currencies such as the U.S. dollar and the Jordanian dinar and the Kuwaiti dinar … etc..

http://www.iraq-busi...aqi-parliament/

Read more: http://dinarvets.com.../#ixzz1NwUfZ9nl

The article you posted is talking about an RD, followed by a RV......not a straight up RV.....removing, deleting, raising, dropping the zeros is all the same thing....its a redenomination......

[RRSport]

his a ***********, i bet he has some of it. r he wont be on here

Says the shill....

Post #37.....no Easter Bunny...probably no Santa Claus either....how about the Tooth Fairy.....we all have our beliefs - I for one believe in all of those mentioned....and if you have ever had a child - that child believes in those too. Either we have faith or we have nothing. I have faith, and my faith tells me that I did not make a mistake buying dinar and that it will RV. I HOPE (which is different than FAITH) it is over $3.00, but will take $1.17 gratefully. We don't need people who are naysayers and negitive....,my glass is always half full....too bad yours isn't - you would be much happier!!!

Pennoch, that's simply not a reaonable statement. Optimism and common sense are not mutually exclusive. Being positive about a high risk venture does not require you to also abandon your intelect. The Dinar may be a great investment or may yield nothing and that is the nature of the speculation. This is what I have understood from the time I first invested 2 years ago yet I remain positive and optimistic about it like all other investments. I am a very positive person, a dinar investor, and completely OK with points of view other than "RV TOMORROW, WOOHOO". Make room for everyone and feel good about the future. Who knows, it may include a Dinar RV...

That line needs to be stickied to every Dinar forum on every page!