Old Crazy Thread.

[Wm.Knowles]

Does anyone think over-speculation might be something to worry about given that a lot of people are jumping on board?

Currently, the currency is UNDER valued when compared to the economic fundamentals. Over speculation would be when the currency becomes OVER valued in relation to the economic fundamentals. Considering the wealth of IRAQ, I think we are a long way from this being a concern, but....Please...Please...Please let this happen. Thank You

[shotgunsusie]

Currently, the currency is UNDER valued when compared to the economic fundamentals. Over speculation would be when the currency becomes OVER valued in relation to the economic fundamentals. Considering the wealth of IRAQ, I think we are a long way from this being a concern, but....Please...Please...Please let this happen. Thank You

WOoTTTT!!!!

[IITB]

take a nice deep breath friends, now another, now another....now ...isn't that better.
We have all of the facts in front of us.. now is not the time to go weak in the knees,now is the time to reflect on the ride that has brought us this far.
2006 is soon going to be remembered as the past, 2007 is the future ,we have all been on emotional roller coaster.
We have all seen the nay's eat their words time after time,and we have always kept faith when there was none to be had.
Carry on my friends... The R/V is so close I can taste it !!!!
Someone once asked me " how will it taste ?."
I thought to myself for a minute and said...... " RICH. "
Happy new year all !!!!!!!!!!

[Onenomad]

That's what I'm thinkin'. They know that there are many speculators out there and they must be comfortable with the numbers.

As WMK and Socata have pointed out they have taken over 2 trillion out of circulation since November and it has been suggested that it might be twice that amount that they sneaked out since possibly May.

Pretty.. sneaky.. Sis

Good point also remember perspective on this because we are all so close here and check in so much it seems (And rightly so) such a major part of our lives but alot of the world dont even know about it I would say the majority wouldnt even think of investing in Iraq right now they dont see the progress we do here from all the great articles etc. You just watch when the world truely starts this, major investors, oil companies, emerging market funds, currency traders we have only just recently seen more positive articles about the economy in mainstream papers we are on the ground floor to an economic event never before seen in the world as has been stated before "A once in a lifetime investment" Like was rightly said "Look at your dinars as oil certificates in the worlds largest oil company. The one thing the world still and will continue to need (Especially as China and India develop their economies even more) I am really looking forward to a very interesting year Best of luck to All

[texaslonghorns]

Well o well, are those sneaky Iraqis dropping that rate like a brick here for the next week!!

We have to continue to watch this!

Thanks Charmed!

I seem to remember something about the money exchanges in Kuwait. They get a daily fax with the daily IQD rate. I wonder if anyone has any info on this? It would be great to see if the rates are going up there also during the holiday.

[Hardwood]

I seen to remember something about the money exchanges in Kuwait. They get a daily fax with the daily IQD rate. I wonder if ayone has any info on this? It would be great to see if the rates are going up there also during the holiday.

Yes, I remember this as well....Great Point!

Maybe someone in theater can talk to a currency exchange and let us know...

That would shed some light on it...for sure!

<<BTW- I can't help but read your posts "As Borat"....your avatar makes them funnier...Sorry... >>

[yardbird]

12-30-06 1kwd=3.47439 Usd 1usd=0.28782 Kwd
12-29-06 1kwd=3.47403 Usd 1usd=0.28785 Kwd
12-28-06 1kwd=3.4572 Usd 1usd=0.28771 Kwd
12-27-06 1kwd=3.42758usd 1usd=0.28797 Kwd
12-26-06 1kwd=3.47657usd 1usd=0.28764 Kwd

[yardbird]

This is a few days from the Oanda link. I don't know how accurate they are because there seems to be such a big spread between all these currency sites.

[yardbird]

Well mercy mercy mercy. Now I see what you all are wanting! Trying to fined out if the IQD IS changing through info from the KWD. Sorry guys, I'll just go get me 1 more cup of coffee.

[vegasbound]

Here's a Name and phone number to a money exchange in Kuwait where I bought most of my Dinar.

Fahaheel, Makka Street
Salman Al-Dabbous Bldg. Shop #5
P.O. Box 437 Souk Dakheli 15255
Phones:

392-8145 / 392-1390

Hope this helps.