behaviorkat Posted August 23, 2011 Report Share Posted August 23, 2011 Adam will be doing his chat at 10am CST on this Wednesday due to schedule changes. Post your questions Link to comment Share on other sites More sharing options...
silver77 Posted August 23, 2011 Report Share Posted August 23, 2011 Adam will be doing his chat at 10am CST on this Wednesday due to schedule changes. Post your questions Hi Adam! I see in the forums that people and gurus rejoice from the fact that the dinar will be redenominated shortly,- they will remove 3 zero's from the dinars in circulation. I would appreciate very much to be able to understand why people rejoice at this news. To me it seems to be a very sad news for dinar investors, as they will over night have thousand times less dinars that they originally had. If someone had 3 million dinars, the day after the redenomination they would be the owners of 3000 dinars. If this happens before the RV, then the investment would hardly be worth it, and the risk of actually losing on the transaction seems pretty large, and the possibility of profit seems to be limited to a doubling or tripling the original investment, which would not at all justify the wait of 5-7 years. Please be so kind as to bring some clarification into this matter. Thanks in advance! Yours sincerely Ingebjorg Amundsen VIP member Link to comment Share on other sites More sharing options...
Butifldrm Posted August 23, 2011 Report Share Posted August 23, 2011 Adam, with inflation rising to 7.1% in June and probably higher by August. Could inflation be the catalyst for Shabibi to raise the value of the currency to control inflation, even though the government is not formed, and HCL not complete? 1 Link to comment Share on other sites More sharing options...
Rusty69 Posted August 23, 2011 Report Share Posted August 23, 2011 Hi Adam! I see in the forums that people and gurus rejoice from the fact that the dinar will be redenominated shortly,- they will remove 3 zero's from the dinars in circulation. I would appreciate very much to be able to understand why people rejoice at this news. To me it seems to be a very sad news for dinar investors, as they will over night have thousand times less dinars that they originally had. If someone had 3 million dinars, the day after the redenomination they would be the owners of 3000 dinars. If this happens before the RV, then the investment would hardly be worth it, and the risk of actually losing on the transaction seems pretty large, and the possibility of profit seems to be limited to a doubling or tripling the original investment, which would not at all justify the wait of 5-7 years. Please be so kind as to bring some clarification into this matter. Thanks in advance! Yours sincerely Ingebjorg Amundsen VIP member Please look up Revaluation - your question has been discussed at length over the past 4-5 months No Redomination ! Link to comment Share on other sites More sharing options...
bamagirl Posted August 23, 2011 Report Share Posted August 23, 2011 Any updates you can give us Adam, TIA. Go RV!!!!! Link to comment Share on other sites More sharing options...
desimo Posted August 23, 2011 Report Share Posted August 23, 2011 In that all currencies are interlinked and act or react upon each other, how much importanct to you place upon the statement that VND will increase over the next 4 months and what impact would that have on the IQD? thank you Link to comment Share on other sites More sharing options...
cash1324 Posted August 23, 2011 Report Share Posted August 23, 2011 Hi Adam,I'm hearing from a stock broker up here in Canada that The Dinar is Frozen for both buying and selling the Iraqi Dinar In Canada.I have also heard there are new restrictions on buying in U.S.Do you have any information on this? Link to comment Share on other sites More sharing options...
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