ozman2011 Posted October 13, 2011 Report Share Posted October 13, 2011 Cash man...To me no great return on any other investment out there...so with that said diversify if you haven't by getting a account with Warka so you will be able to ride the roller coaster as the Dinar rises in valve down the road and you can use them as your broker if you wish to invest in the ISX...this is what I have done...here you go if you have not seen this * Telecommunications IPOs expected next year ARBIL, Iraq, Oct 13 (Reuters) - Iraq's stock exchange market will double its capitalization to $8 billion once the three main mobile-phone companies operating in the country are listed, the market's head said. Asiacell, an affiliate of Qatar Telecom , Korek Telecom, which is part-owned by France Telecom and logistics firm Agility and Zain Iraq, a unit of Kuwait's Zain , are required by their license terms to list shares on the local bourse. Read More My link Good Luck Oz Link to comment Share on other sites More sharing options...
xyzzy Posted October 13, 2011 Report Share Posted October 13, 2011 However, if the IQD Rv's at, say, $.10.... I will be buying as much as possible (and wishing I had bought more before the Rv)! So assuming you bought at $1200 per million dinar, if it RV's to a dime you make ~80x or 8,000% on your investment. So you would hold your dinar's and buy more hoping for another 10x (i.e. to 800x or 80,000%) to $1?If they RV to a dime, a penny, or a tenth of a penny, I'm out. 1 Link to comment Share on other sites More sharing options...
Danan Posted October 13, 2011 Report Share Posted October 13, 2011 I don't have that much at this point, so I will be buying more next week. I am also thinking the Chinese yuan. Link to comment Share on other sites More sharing options...
leanonme Posted October 13, 2011 Report Share Posted October 13, 2011 I think I have enough so, no I am not. Link to comment Share on other sites More sharing options...
dhardage Posted October 13, 2011 Report Share Posted October 13, 2011 I don't have that much at this point, so I will be buying more next week. I am also thinking the Chinese yuan. I'm considering the Dong (man those people need to rename their currency) Link to comment Share on other sites More sharing options...
billbill Posted October 13, 2011 Report Share Posted October 13, 2011 Not me. I spent the amount that i needed to so that if this thing goes the way everyone wants i'll be set, but a small enough amount that i won't miss it if they LOP or do something worse. Me too!!! Link to comment Share on other sites More sharing options...
WallyWeaver Posted October 13, 2011 Report Share Posted October 13, 2011 So assuming you bought at $1200 per million dinar, if it RV's to a dime you make ~80x or 8,000% on your investment. So you would hold your dinar's and buy more hoping for another 10x (i.e. to 800x or 80,000%) to $1? If they RV to a dime, a penny, or a tenth of a penny, I'm out. I believe their (Iraq) intent is to have the strongest currency in the ME. If it Rv's at $.10 sure, I'd stop purchasing PM's and Yuan and start buying IQD with my USD's, wouldn't you? If their goal is to get their currency north of $3.00 and I can buy in at $.10 I would consider that a great investment. I'm not going to stop investing just because I got a nice Rv at $.10. I'm going to keep going to see how much more I can make! Link to comment Share on other sites More sharing options...
Heinzy444 Posted October 13, 2011 Report Share Posted October 13, 2011 Not trying to Hijack a thread but does anyone know a reliable source to acquire chinese yuan ? we have no local banks that deal with foreign countries around here With all due respect this took me all of 7 seconds to find on google ... and a lot more like it.: http://www.forbes.com/sites/robertlenzner/2011/01/12/you-can-now-buy-chinese-yuan-in-new-york/ Link to comment Share on other sites More sharing options...
greyhackle Posted October 14, 2011 Report Share Posted October 14, 2011 Just wondering if any honest investors out here were still slowly adding to their dinar connection. I have cash sitting around in my brokerage account that I have just been playing around with, and I often wonder if my money would be better spent investing in more dinar instead of the stock market, just wondering what others out there were doing. My perspective, The stock market is the only way I know how to lose money, other than investing in home real estate, seems like all the brokers make money and drive expensive cars, I end up eating a loss and still having to wash my old car, the stock market always works for me when I feel like throwing my hard earned money away and helping a worthless broker to play the part, Dinar is better than the stock market in my opinion, open an Iraq bank account they are paying decent interest, but is high risk by some standards just because the whole region loves conflict, Just takes patience to invest in the Dinar. I have done well with Silver however be sure to hold it physically, seem to be dipping to a good buy price check the US mint for silver coinage, I always buy silver every month regardless of the price, always made and make money on silver, can just take longer sometimes, buy low sell high. I am contemplating buying uranium mining stocks and certain rare metal mining stocks in the near future I just need to be able to stomach the gamble and know that I helping an arrogant broker to buy a new expensive car, so they can feel important playing the part. Excuse my sarcasm just been burned by investment companies as I watch them rob my retirement account to support their lavish lifestyles. In my opinion they are worse than bleeding liberals welfare mongers, anyway rare metal mining stock are supposed be hot for good future returns.... 1 Link to comment Share on other sites More sharing options...
teddyjay Posted October 14, 2011 Report Share Posted October 14, 2011 No way would I buy any more IQD...will wait until after the Holidays...if it hasn't RV'd by then...I think I'll have some to sell So will a lot of others probably... Link to comment Share on other sites More sharing options...
ethan0205 Posted October 14, 2011 Report Share Posted October 14, 2011 With all due respect this took me all of 7 seconds to find on google ... and a lot more like it.: http://www.forbes.com/sites/robertlenzner/2011/01/12/you-can-now-buy-chinese-yuan-in-new-york/ No disrespect friend i appreciate your effort i should have better explained i am looking for somewhere to buy driving distance from savannah, ga Link to comment Share on other sites More sharing options...
xyzzy Posted October 14, 2011 Report Share Posted October 14, 2011 I believe their (Iraq) intent is to have the strongest currency in the ME. If it Rv's at $.10 sure, I'd stop purchasing PM's and Yuan and start buying IQD with my USD's, wouldn't you? If their goal is to get their currency north of $3.00 and I can buy in at $.10 I would consider that a great investment. I'm not going to stop investing just because I got a nice Rv at $.10. I'm going to keep going to see how much more I can make! Actually the value of a dime is particularly interesting. I think they are going to RD at either 100:1, or more likely at 1000:1 . So if they RV to a $0.10, then that precludes a subsequent RD at all so the chance that they would continue RVing upward over the years would be more likely. At a dime I might keep some but I think would sell half for sure. If they RV to only $0.001 thus paving the way to a 1000:1 RD or $0.01 paving the way for a 100:1 RD, then I might be more likely to sell everything. At a dime it would be difficult to not sell everything though since with that I could retire quite well, not in grand luxury but to live modestly but comfortably and have no money issues. Link to comment Share on other sites More sharing options...
WallyWeaver Posted October 14, 2011 Report Share Posted October 14, 2011 Actually the value of a dime is particularly interesting. I think they are going to RD at either 100:1, or more likely at 1000:1 . So if they RV to a $0.10, then that precludes a subsequent RD at all so the chance that they would continue RVing upward over the years would be more likely. At a dime I might keep some but I think would sell half for sure. If they RV to only $0.001 thus paving the way to a 1000:1 RD or $0.01 paving the way for a 100:1 RD, then I might be more likely to sell everything. At a dime it would be difficult to not sell everything though since with that I could retire quite well, not in grand luxury but to live modestly but comfortably and have no money issues. Yep. Another sensible response from you xyzzy. Maybe we'll all get a chance to meet someday if this goes favorably. Link to comment Share on other sites More sharing options...
littlefeet Posted October 14, 2011 Report Share Posted October 14, 2011 Bought all I could at the first shot..........can't buy no more, unless it does that .10cent thing, then yeah, back in BABY ! Link to comment Share on other sites More sharing options...
pokerplayer Posted October 14, 2011 Report Share Posted October 14, 2011 I hit my magical number a few years back. I don't begrudge those buying a few more, but I myself am happy with what I have. pp Link to comment Share on other sites More sharing options...
Ex-wingnut Posted October 14, 2011 Report Share Posted October 14, 2011 I reach my goal in March and haven't bought anymore since. In April, I bought a little bit of Vietnamese Dong and no more since. My focus now is to continue buying Silver Eagles whenever possible. 1 Link to comment Share on other sites More sharing options...
xyzzy Posted October 14, 2011 Report Share Posted October 14, 2011 Yep. Another sensible response from you xyzzy. Maybe we'll all get a chance to meet someday if this goes favorably. That would be big fun! Link to comment Share on other sites More sharing options...
WallyWeaver Posted October 14, 2011 Report Share Posted October 14, 2011 That would be big fun! Can't tell if you are being sarcastic or not... I suspect yes. Link to comment Share on other sites More sharing options...
xyzzy Posted October 14, 2011 Report Share Posted October 14, 2011 Can't tell if you are being sarcastic or not... I suspect yes. No I was serious, I think it would be a hoot to meet folks here, see all our preconceptions be upset (or not! ) Link to comment Share on other sites More sharing options...
Rusty69 Posted October 14, 2011 Report Share Posted October 14, 2011 BUY VIENAMESE DONG = $500 USF = $10 MIL DONG IF DONG GOES TO = 0.05 USF = $500,000.00 USF NICE RETURN THEY KEEP TALKING ANBBOUT BASKETS - DONG IS IN THE FIRST BASKET BECAUSE OF CHINA Link to comment Share on other sites More sharing options...
olivesman Posted October 14, 2011 Report Share Posted October 14, 2011 When I get money that's not required within our budget, it buys Dinar. While .10 would be great, ($1,200 now buys $100,000 post RV!! how can you complain!?) I figure the best insurance against a low rate is more Dinar while I can get it. 1 Link to comment Share on other sites More sharing options...
Billb Posted October 14, 2011 Report Share Posted October 14, 2011 I bought more last month to help offset taxes that I hope to pay when it happens. 1 Link to comment Share on other sites More sharing options...
gsxr600 Posted October 14, 2011 Report Share Posted October 14, 2011 Got just enough to be happy if it happens as we hope and not so much I would be disappointed if it never happens. Link to comment Share on other sites More sharing options...
siriusstuff Posted October 14, 2011 Report Share Posted October 14, 2011 I have recently purchased more dinar. If it comes in at .10 I don't have to sell most of it to survive.....if it comes in at 1 to 1 or more, I 'll be able to help the new folks I keep adding to my list of beneficiaries. This is probably it, though, or is it? Link to comment Share on other sites More sharing options...
cashman54 Posted October 14, 2011 Author Report Share Posted October 14, 2011 The Dong seems like a good investment, but do they have assets like Iraq and Kuwait to back up the currency? We know Iraq has the assets to back it up. Link to comment Share on other sites More sharing options...
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