nej,
This was mentioned last October. The guy behind it is very plausible and always been right before. Seems more believeable than 1:1!!!
1 million be worth $40k. Thing is if it does happen it will only go one way, UP. I'd offload a sixth of my millions, quit the day job and be a freeeeeee maaaaaannnnnnnnnnnnnnn from the office job!
Best you don't tell mrs nej if it does reval, LOL.
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23-02-2006, 12:18 PM #1211
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Zubaidi:Monetary value of the Iraqi dinar must revert to the previous level, or at least to acceptable levels as it is in the Iraqi neighboring states.
Shabibi:The bank wants as a means to affect the economic and monetary policy by making the dinar a valuable and powerful.
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23-02-2006, 01:26 PM #1212
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so this is like pips then...."sometime next week"....this is The (never ending) mantra here.
headlines mention iraqi civil war. old hat but enduring.
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23-02-2006, 01:57 PM #1213
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Iraqi-Investments
Originally Posted by aeara
You pop about the forum making your little comments as if to rub it in our faces for having to wait, and then want to compare dinar to PIPS, so what is your mantra? Are you enjoying yourself? No one likes to wait, and if you feel you are going to make any friends by insiting impatience, you are sadly mistaken.
Holding Iraqi dinar is a far cry from what we have all had to endure with PIPS, which is after all, why we are here, so if you are in PIPS, and are tired of waiting, as it would appear, then move on, and don't look back is my best advice.
This forum is for those interested in Iraqi dinar, and most of us are holding the real currency in our hands, not virtual dollars like in PIPS, so our waiting is on a level which is economically understandable, not like PIPS where no one knows what is going on for months.
Simply put, if you want to insite others here about having to wait, take it elsewhere for I know we are all tired of waiting on PIPS, and we don't need to read your useless posts over and over. Get a life and move on if you are not into waiting.
This is a unique investment opportunity, a real one, one where it will be worth a small fortune someday, but as complicated as middle east society is, never mind introducing a new democracy to region, with insurgents still fighting for power like they have been for thousands of years, there will always be bombings and infighting. As history has proven, economics goes on, the the people still need goods and services and have to pay for them, so we wait and see, that's life.
Good luck to all, Mike
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23-02-2006, 02:16 PM #1214
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Good post Mike. Totally agree. We don't need snide comments on here. Yes this investment will come off we just don't know when. Of course we all hope it's sooner than later but we really don't know. But at least we're in the game by holding dinar, and better to be looking out of the window with currency rather than looking in the window without.
aeara, I've ignored your pointless comments for a while, if you can't stand the wait then flog your dinar, (if you have any). Plenty will buy them from you on ebay. Then with the money you get back you can invest in an overnight get rich quick scheme eh? Do us all a favour when you find it?, share with the rest of us please cos we're still looking for it, LOL.Zubaidi:Monetary value of the Iraqi dinar must revert to the previous level, or at least to acceptable levels as it is in the Iraqi neighboring states.
Shabibi:The bank wants as a means to affect the economic and monetary policy by making the dinar a valuable and powerful.
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23-02-2006, 04:15 PM #1215
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As soon as the Iraqi people realize that Al Qaida are the ones who bombed the holy mosque, things should settle down as far as "civil war" is concerned. May the reval take place soon!!
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23-02-2006, 09:24 PM #1216
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Interesting,
Danny is correct, this was a last ditch effort to start infighting for inspite of all the killing of Iraqi people was not having as much impact as needed to start infighting, so they did the next best thing, blow up religious mosque.
It is difficult for westerners to understand, but killing and death is not the ultimate insult for these people, insulting there religious figures is far worse. We all saw the furor over cartoon in Denmark, so take it from there, these people do not think like we do, not even close.
Where we value life above all, they could care less. Heck, just look at those who are suicide terrorists, they do it for a few dollars that go to their families, not caring about their own lives one little dinar worth. Strange, but true, so if they can get past this horrific assault on their religious mosque, and not blame themselves, but put the blame on Al Qaida who was really behind this bombing.
Good luck to all, Mike
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23-02-2006, 10:51 PM #1217
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Interesting,
Was just speaking with contacts in Iraq and heard some good news I want to tell you about. The recent unfortunate bombing of mosque in Iraq was not done by Iraqi bombers, but by insurgents who traveled into Iraq for one purpose, to delay and try to unravel all that has been done in the name of democracy.
Now this is fact, they have caught 14 who were involved and they are being investigated, so the word is out that this was not done by Sunni or Shites, so things are calming down, contrary to news reports, which is expected since the media reports negative first and formost. All this will be disclosed shortly to press, so it will be interesting which outlet reports it properly.
As to the governent, and this came from a very high upper level trader who was already asked to be trade minister of Iraq, so he is in the know. He said that it will take another couple weeks to have cabinet meeting and finalize everything. They are close to mutual agreement, but this bombing had put meeting a week behind schedule, so nothing to worry about, it will still happen. Once this is completed, then we will see peg within month of parliment being in place, so again, it will happen. He also offered his thoughts on what the peg will be, but I won't tell you for I don't want anyone to be disappointed. (g)
Seriously, the peg is being discussed as we speak, and it may come in higher than the .10 I was expecting, in fact, like I was expecting, over the longer term, we will be well advised to hold onto as much as we can for it will end up where it was at $3.40 plus, so I don't know about the rest of you, but I will be holding mine for the next few years for there is no investment in the world which will equal 10,000% plus plus potential with no risk of loss. Good news overal, so hang in there, we are real close.
Good luck to all, Mike
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24-02-2006, 04:09 AM #1218
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OH BOY
this gets more exciting by the day thanks offshore and adster for keeping us upto date only got 600,000 of these may have to get a few more
regards
Tony
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24-02-2006, 06:39 AM #1219
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been away
Hey, i have been away for a while, so it took some hours to catch up with the reading regarding the dinars.:) but it was well worth it!
I doubt that there will be a peg before the new goverment is formed but as you say mike, that will take a few weeks, and 1 of the biggest question for the new goverment is to get there value tradeable over the world, so they will put that in front and work with that so i see a peg in the near future!
take care
john
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24-02-2006, 06:52 AM #1220
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Nice one Mike, been reading a very strong rumour from someone who predicted 12 March at .04 to the dollar back in October. He's not one for rumours and whatever he has said in the past has come true. Says he has high up contacts.
We'll see. He also said it would start there and work its way up. I take it with a pinch of salt these days, good to read of course.
Mike's sounds spot on though, too low a reval and the speculators will buy out the country, too high and the reserves aren't there to handle it. .10 once the government and cabinet are in sounds good to me to cash in 2 million for $200k and jack the office job in. ;0)Zubaidi:Monetary value of the Iraqi dinar must revert to the previous level, or at least to acceptable levels as it is in the Iraqi neighboring states.
Shabibi:The bank wants as a means to affect the economic and monetary policy by making the dinar a valuable and powerful.
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