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

Originally Posted by MrsCK

woooooooottttttttttttttttttttttttt

YOU DID GREAT KIDDO!!!!!!!!!!!!! AWESOME

FARM JIG EVERYBODY

I second that....great information. It sure feels like this week. It is like we don't have anywhere else to go.....but to the bank.....and I am READY TO GO TO THE BANK.....

Originally Posted by panhead

crickets.......crickets...............

I know that several of the currency changes that Iraq has made have been on Wednesdays. Look at the history if the Dinar

Originally Posted by panhead

crickets.......crickets...............

Let me see if I can find my notes on it - IMF website has it all. BRB with info with kuwait, germany and japan OK

I WILL BE EDITING THIS POST OF THE ABOVE SO NENO DON'T HAVE TO CLEAN UP AFTER ME:

The yen lost most of its value during and after World War II; after a period of instability, the yen was pegged at 1 US dollar = ¥360 from April 25, 1949, to until 1971 when the Bretton Woods system collapsed and the value of the yen began to float. After the Plaza Accord of 1985, the yen appreciated against the dollar. APRIL 25, 1949 WAS A MONDAY - Plaza Accord was September 22, 1985 WAS ON A SUNDAY

Germany Mark: German Mark was the official currency of West and, from 1990 onwards, unified Germany. It was introduced as the official currency of East Germany in July 1990, replacing the East German Mark, in preparation for unification on October 3. Ostmark bank accounts were exchanged at a rate of 1:1 OCTOBER 3, 1990 WAS A WEDNESDAY

Kuwait:
The Kuwaiti dinar (ISO 4217 code KWD) is Kuwait's official currency. The dinar is sub-divided into 1000 fils. It was established in 1960 and replaced the Gulf rupee in 1961. Sorry can't find the date.

Originally Posted by MrsCK

OK I RIPPED THE FIL APART - and here are my thoughts:

Article 11
The investor shall enjoy the following benefits:
First: The investor shall have the right to take out the capital he brought into Iraq
and its proceeds in accordance with the provisions of this law and pursuant to the
instructions of the Central Bank of Iraq in an exchangeable currency after paying
all his taxes and debts to the Iraqi Government and all other authorities.
Fifth: Opening accounts in Iraqi or foreign currency or both at a bank inside or
outside Iraq for the licensed project.

... Shortened to save space...

K RV I "feel" has to happen before or same day this starts to fly. Any thoughts on my thoughts

Remember in my last post where I said Logic dictates my thoughts? Well, hopefully i won't confuse anyone with this response:

Logically, yes - This makes sense. But I alter my Logic when dealing with Iraq, because, well, they tend to defy all logic. So if I put on my Iraqi Logic hat, then I tend to think this won't happen. The FIL will come, and be enacted, and no revalue. *Something* will hold up the works, somehow.

I hope to God I am wrong. I still believe we are very close, but if there's a way to fack it up, I'm sure the Iraqi Government will find it, and exploit it. Again, I can't express how badly I want to be wrong on this, and I pray every day that I am. I have enjoyed the news regarding the refusal to sell Dinar to folks currently in Iraq, and see that as a sign that this Watched Pot is about to Boil. I just don't see them doing this before the FIL becomes automatically enacted. At best, I see this happening on the same day, but my "logigator" is telling me this is the absolute best-case scenario.

Time will tell. But it can't happen soon enough for me. I'm ready to quit my job, because, well, it is starting to get to me, and I want to run my own company for a change.

Originally Posted by MrsCK

Let me see if I can find my notes on it - IMF website has it all. BRB with info with kuwait, germany and japan OK

Thank you MrsCK, I would greatly appreciate anything that you find on countries revaluating their currency upward in the past, even if they don't fall on a Wednesday.

YouTube - The Secret - Visualization

YouTube - The Secret

Originally Posted by WebGuy75903

Remember in my last post where I said Logic dictates my thoughts? Well, hopefully i won't confuse anyone with this response:

Logically, yes - This makes sense. But I alter my Logic when dealing with Iraq, because, well, they tend to defy all logic. So if I put on my Iraqi Logic hat, then I tend to think this won't happen. The FIL will come, and be enacted, and no revalue. *Something* will hold up the works, somehow.

I hope to God I am wrong. I still believe we are very close, but if there's a way to fack it up, I'm sure the Iraqi Government will find it, and exploit it. Again, I can't express how badly I want to be wrong on this, and I pray every day that I am. I have enjoyed the news regarding the refusal to sell Dinar to folks currently in Iraq, and see that as a sign that this Watched Pot is about to Boil. I just don't see them doing this before the FIL becomes automatically enacted. At best, I see this happening on the same day, but my "logigator" is telling me this is the absolute best-case scenario.

Time will tell. But it can't happen soon enough for me. I'm ready to quit my job, because, well, it is starting to get to me, and I want to run my own company for a change.

I just spoke with FSN and asked him to check with a dealer friend of his if he can get any dinar. When he got back to me, he said that the dealer had tried to get an additional 500 million dinar and was not able to. He then called around and was finally able to get about 300 million but it wasn't from a bank. The dealer said that he thaught this would also be the last order that we would be able to get. strange how all of the people dealing and buying dinar are saying the same thing.

Let's hope SGS is right and the reval will happen on a Wednesday. I need a brake from my computer.

Originally Posted by MOM2TWO

NO, the guys that do the acual buying told the President of the company that sells them to me, that they would no longer be able to ship them dinars. However, they did make their last purchase either yesterday or the day before.

Wonderful Mom2 :) Thanks for the great news

Randy

Originally Posted by zwhatimsaying

I just spoke with FSN and asked him to check with a dealer friend of his if he can get any dinar. When he got back to me, he said that the dealer had tried to get an additional 500 million dinar and was not able to. He then called around and was finally able to get about 300 million but it wasn't from a bank. The dealer said that he thaught this would also be the last order that we would be able to get. strange how all of the people dealing and buying dinar are saying the same thing.

Let's hope SGS is right and the reval will happen on a Wednesday. I need a brake from my computer.

Thanks for the posting! Is there any way of finding out if all the information from different posters is coming from 1 dealer or several?

Originally Posted by AlwaysDreaming

Thanks for the posting! Is there any way of finding out if this information is coming from 1 dealer or several?

I don't think that they are the same. I would need to know who the other dealer was. But, the one FSN asked I think buys his own dinar and doesn't go through other subdealers. You would have to ask FSN about that for sure though. I don't want to mispresent the information.