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

Originally Posted by mogo

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

Tony,

Not sure if you're in hyipeffect or not, but this is a real money earner and a good way if you wanted to buy up more dinar with quick money earnt from hyipeffect.

Just a suggestion. The link is above in my location.

Anyway, back on thread!

Sadly, the imans and the fanatics (including president of Iran) will always give the blame on the jews and USA. This is the case on the latest bombing of the holy mosque. The negativie focus in Iraq done by western media was mentioned, but we should also be aware of the media in the arab countries. They all embrase the idea of US and Israel as the big bad wolf. This shows the importance of "balansed" news-reporting to inform, not to stir up the cup in any voilent directions.

thanks for keeping us informed mike and adster...its good to have u 2 guys on this forum for those like me who don't know that much about the dinar....i hope your contact is right on with the peg mike....in your opinion mike or adster...how long would it be before it would reach say .30 cents to the dollar....just a guess....it will make me sleep better....lol...again...guys..thanks for the information that u deliver to us...i for one appreciate it very much....Pat

they blame the jews and the u.s.? oh, what has the nice fair play u.s. done now? they could'nt have stirred any nests. they'd never do such a thing. when it's mcdonald's, brought to you by mcdonnel douglas. who would'nt be pissed!?

anyway, ompus is having a 10% off sale. maybe next month it will be 50%.

Fanatics blame everyone, not just the Jews and U.S. And as far as your expected useless post about sale, this was Ompus saying thank you for patience while software change and merchant issues prevented orders from being processed, so I for one think it was a nice gesture on their part, but you, you take it as another chance to make another snide useless remark. This sale is a thank you sale, not a fire sale as you seem to want to imply.

Good luck to all, Mike

Originally Posted by diffe

Sadly, the imans and the fanatics (including president of Iran) will always give the blame on the jews and USA. This is the case on the latest bombing of the holy mosque. The negativie focus in Iraq done by western media was mentioned, but we should also be aware of the media in the arab countries. They all embrase the idea of US and Israel as the big bad wolf. This shows the importance of "balansed" news-reporting to inform, not to stir up the cup in any voilent directions.

Agreed,

There are fanatics in every culture, but thankfully they are small groups, not the masses. Iraq is no different, but the media would lead us to believe it is just the opposite, and the masses are the fanatics, and this is not even close to true.

What we are seeing are the fanatics on TV, and this is why media outlets are to blame in insiting more fanatics, so for the thousands you see burning flags and throwing rocks, there are millions and millions who would never do such a thing, expecially for the reasons they have seen.

When you talk to the average person on the street in Iraq, you would get a 180 degree opposite answer as you will from the acts of fanatics, and terrorists are heartless non religious group who kill children and bomb the innocent to insite civil war among the religious sects, but the faithful would never condone these acts of violence, and the latest bombing was a perfect example to prove it was outsiders, non Iraqi terrorists who were behind this, as in AK insurgents, and everyone in Iraq knows this now.

The mosque was actually Shite, but was in Suni dominanted village, so how crazy was this given both worshipped there and was where one of the countires most reverant religious figures was buried, so neither side would ever be involved, but did anyone see that little fact on the news? I rest my case, this was merely another attempt at upsetting the upcoming cabinet meeting which was successful, as it was delayed another week or so, but that is all, and calm is being restored, so time will tell.

Good luck to all, Mike

Originally Posted by aeara

they blame the jews and the u.s.? oh, what has the nice fair play u.s. done now? they could'nt have stirred any nests. they'd never do such a thing. when it's mcdonald's, brought to you by mcdonnel douglas. who would'nt be pissed!?

anyway, ompus is having a 10% off sale. maybe next month it will be 50%.

Well if they are, best you get some, LOL.

Originally Posted by bigopie

thanks for keeping us informed mike and adster...its good to have u 2 guys on this forum for those like me who don't know that much about the dinar....i hope your contact is right on with the peg mike....in your opinion mike or adster...how long would it be before it would reach say .30 cents to the dollar....just a guess....it will make me sleep better....lol...again...guys..thanks for the information that u deliver to us...i for one appreciate it very much....Pat

Happy to help, sure Mike is as well, enjoy reading his posts.

The key is to get this baby on the world stage. Once we get there .30 could be achievable 18 months from the day a value is set. I'm thinking once they join the GCC in 2010 then the dinar will be at 1 to 1 with the dollar if not a lot higher.

Just my two dinar worth.

Originally Posted by bigopie

thanks for keeping us informed mike and adster...its good to have u 2 guys on this forum for those like me who don't know that much about the dinar....i hope your contact is right on with the peg mike....in your opinion mike or adster...how long would it be before it would reach say .30 cents to the dollar....just a guess....it will make me sleep better....lol...again...guys..thanks for the information that u deliver to us...i for one appreciate it very much....Pat

Hi Pat,

Yes, there sure are enough speculations to keep it interesting. (g) Having listened to those in Iraq, vs. outsiders, or investors, you will get a different take on when and how much, so I sift through it all and try to come to a reasonable conclusion, and even this is just a guess, but I now feel better than I did hearing from one of the most respected government trade consultants in Iraq and he feels it will be higher than even he expected as he sees prices rising much faster than expected.

What most don't know is the average Iraqi who was earning $50. under Saddam is now earning $200. for same work, and this is more than in the history of economy, so ask these people if they are better off now than while under Saddam and you will get the real truth of what is going on behind the scenes, and never reported on the media. Now with this inflation, which is nothing more than a correction, and a good one at that, this will force an adjustment to currency higher than first calculated, and it is being discussed as we speak as it is a moving target, as inflation often times is.

As to my speculations, which mean nothing, I would say it will now be higher than the .10 I had inititally expected after 18 months, but now with everything coming together 6 months sooner than expected, and with inflation and value of real estate starting even before peg, this throws a monkey wrench into the mixer, which in this case is good news for us. I would now think .40 is closer to reality as the pressure for higher reval builds.
Interesting enough, I heard even higher is likely from information within Iraq, but I won't even go there. LOL I would still be happy with .10 and allowed to float to level by basic economics which will then rise to .40 quickly anyhow in my opinion.

Good luck to all, Mike

Anything over .25 and the villa in the sun is ours!

Dream villa..jpg

Originally Posted by Adster

Anything over .25 and the villa in the sun is ours!

Dream villa..jpg

Nice Adam, can't wait to visit and toss a few down and laugh at all the naysayers who thought we were crazy. So where are you building, Portugal?

Good luck to all, Mike