Thread: Iraq/Dinar News. 09/05 to 01/14/07

I have tried both the trafficdinar & myfreedinar. They are both worked well for me. I got my dinars sent and arrived to my home safely.

Got them varified with the local banks and the bank managers told us the dinars are real !

www.swisscash.biz/myhod2515101

Hey Everyone! I have decided to take the Dinar plunge and make a purchase but I still won't have the money for a few weeks or so. I was just wondering with all the talk lately how close the Dinar is to a revalue? Basically, how much time in everyone's "OPINION" do I have before the Dinar starts to go up in price a bit? I want to make a purchase while it's still worthless. I checked out the Universal Currency Converter (http://www.xe.com/ucc/) and it shows the following: 250,000.00 IQD = 170.114 USD

1 IQD = 0.000680457 USD

I basically want to buy BEFORE the Dinar starts to rise.....so with that being said, any opinions as to when this might occur? I have been reading all the posts but just don't have the time right now with work to go through all those articles from websites that people have been posting. Just an honest opinion as to how long I might have before I LUCK out and miss the Dinar train as I would definitely find a way or pay someone to kick my own A$$ LOL.

Rob

I have got some of these damn dinars and it is like watching a kettle boil it seems to take forever,and IMO it is going to take forever for these to become worth anything,but i am in no rush lol

though i have just found out my wife is having our 3rd child so if it could happen in about 6 months that will do for me.

and a revalue to around $0.40 because i need a four bedroom house then and also a 7 seater car lol.

maybe adster or ofshorewealth could predict a date for us

regards
Tony

Congrats Tony!

Well done Tony, good lad!!

Well, totally agree, a roomful of dinar is attractive but doesn't pay the bills, lol. It's all quiet at the moment, not too many articles coming out but in saying that I've not had so much time to scan for them.

I believe once the new government are in place which will be done in the next 4 weeks then there aren't too many more things to fall into place. One of the IMF's recommendations for a reval is that article V111 should be signed to allow for convertibility and hence a release to the world for the dinar. It doesn't have to happen but judging by other countries they all follow the IMF recommendations, most recently the Jordanian dinar. This is what we now want to happen asap. When this happens and the dinar is convertible a reval will happen at th same time. If it's made convertible with no reval then speculators will be buying up billions of dinar, more than now in anticipation of a reval, so very unlikely.

It'll happen, my guess now, 3 to 4 months max. The other positive news is that banks like Compass are buying and selling them. And the dinar is being listed on Forex sites. I believe they're setting it up for when it is convertible and on the world market. The ISX is also due to open late summer. For them to have foreign investors which they need so badly they will have to have a convertible currency which has been revalued to make this happen and work or we'll be buying up stock for pennies, unlikely.

More patience required, like with p**s and plexpay. Hard but no choice. I have a $1.7 million villa in Portugal on my laptop wallpaper, kinda hard looking at it when all I want to do is to buy the ruddy place!

as usual, thanks for all the great info guys and gals...very much appreciated. So by the sounds of it, I should still have a few weeks to wait for my money to come in so that I can buy up some Dinars. I checked with my local bank (I'm in Canada) and for $1M Dinar, it would cost me about $780 CAD which is pretty darn good. So even if the Dinar hits 0.40 cents USD I'd still make about $459,000 CAD off an investment of $780 CAD LOL. I'd like to see my local bank give me that kind of a return on my money HAHHAHHA. Anyhow, thanks again guys and gals for your great wisdom regarding the Iraqi Dinar. I think I shall catch this train then sleep a bit till the train picks up steam :)

Best of LUCK to you all,

Rob

thanks for ansering my questions adster, if dot directly, very thoroughly thanks ol, boy

Article V111 was supposedly signed in September but not made public, which is not unusual as this may cause a run. Has to be signed as some banks have been spotted on different forex sites intertrading Dinar.

There are several banks in the U.S. trading Dinar, and 1 in Canada if Im not mistaken.

The U.S. is putting heat on the Iraqi's to get a non-partisan government together or we are going to pull out (so we say, may just be a ploy).

Originally Posted by Jetsa1

Article V111 was supposedly signed in September but not made public, which is not unusual as this may cause a run. Has to be signed as some banks have been spotted on different forex sites intertrading Dinar.

There are several banks in the U.S. trading Dinar, and 1 in Canada if Im not mistaken.

The U.S. is putting heat on the Iraqi's to get a non-partisan government together or we are going to pull out (so we say, may just be a ploy).

Hmmmm, not 100% sure this is true. Yes banks are buying and selling it but that doesn't make it convertible. That is down to the individual bank to do this.

They do not appear to be compliant or to have accepted section 3 obligations to eliminate multiple currency exchange practice as dollars are freely used in commerce. This is widely done and no law restricting it has been passed at least that has been published anywhere.

As you say if it has been signed yes they well be keeping it quiet to stop speculators buying up billions of dinar. I hope you're right, be one less obstacle for us to cross!

We need the government in place and security to ease, they are the biggest keys now to a reval IMO.

jetsa give us your sorce so we can see. thankya pardner