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

Originally Posted by donald1439

I agree, I like so many others, and the people of Iraq are fed up with these people. But we are not acting in a vacuum here. It's the technicalities that have to be in place so that all those entities outside of Iraq can all enter the arena on the same page. Can you imagine the discord that would evolve if all the players didn't have the same rule book to follow. It's the technicalities that are so important in an issue such as this. They have to be in place in order for this to work for all concerned. This is a big deal on the world stage. We won't see something happen like this again for many many years to come. I just thank the Lord every day that I was told about this investment and that I had the guts to put our money into it. Think of all the people that don't have this opportunity. It's going to happen, and when it does we will look back and know that it was worth it.

I didnt mean my reply to be offensive its just that this gov. has at some point got to step up and respond like a gov.I believe everthing has already been decided and that we are all waitin on the gov. of Iraq wich has shown so far that they are not ready to take the responsibility that an independant gov. needs to take by doing what they need to do and doing it in a timely manner JMO[/QUOTE]

JMO you are right and it won't be long before a decesion will have to be made in regards to the (NSG) National Salvation Government take over.

Bankers probably know that a high percentage of cash holders in other countries will jump at even a low reval. After all, we're anything but sophisticated investors! The slick investors probably put their money in the ISX.

As Mr. Knowles points out - the banks will draw out the "suckers" for the smallest reval possible and edge up in tiny increments to starve out cash holders that really need the money.

Very likely, Mr. Knowles is quite well off and may in fact have sizable holdings in the ISX. His considerable knowledge puts him in the ranks of the educated elite - and any comments he makes are above questioning - except for the exercise of the intellect (so far as we can claim to posses it!)

Personally, I remain highly optimistic!

Originally Posted by cigarman

It will be high ( $1.20+), most of the dinar is in Iraq and big government vaults, we are small fish. The MOF or whoever has already said that the dinars value must increase for imports as exports don't matter. Whoever Iraq does the most importing from will be what Iraq sets their rate closest too ( most likely Jordan at $1.40+ ). Just try and remember what the reval is intended for ( inflation of goods ). Like Jedi said, .05 helps nothing. OK, I'm getting off my soap box now.

You are bang on here cigarman When we all realise we are small fish, then the worry of a low reval will be over. Who actually believes an entire country is going to worry about several thousand people in possession of a couple million Dinars each? The Iraqi gov't is more concerned with a commitment from gov't's holding millions of US dollars worth of dinar. If they try and conive right down to small fry like us, than there currency will be worthless for many, many years. There only concern right now is the major players. Were just folks with Champane taste, on a beer budget, so to speak. JMHO

Gloribee

Originally Posted by livefree

Hasn't something like this been already posted on this forum that dinar will eventally go up - it is just of matter of when in reference to above freedinar statement.

I think the relevance is contained in the message, this is tonights news.

However, we will be sending out an email in a few hours with some of the latest news. Just a preview, the Central Bank of Iraq has issued a statement regarding increasing the value of the Dinar.

Originally Posted by donald1439

I would like to know does this mean that those of us with the 25 thousand dinar notes will be forsed to cash in and therefore be screwed??????????

I woudn't think so. If the 25K notes were recalled; you could simply exchange them for smaller denoninations there by maintaining your investment. However, you might be forced to pay a transaction fee but that should be minimal. I don't know any of this for a fact, just my opinion.

Originally Posted by laurenr

I don´t know if this has already been posted but I just
received this about 5 mins ago, any comments ?

To all our FreeDinar Customers,

There once again will not be a conference call this evening. We apologize for any inconvenience.

However, we will be sending out an email in a few hours with some of the latest news. Just a preview, the Central Bank of Iraq has issued a statement regarding increasing the value of the Dinar.

Depending on the circumstances we should have a conference call next week.

Thank you,

FreeDinar/Ompus Corporate Team

How much you wanna bet that it's that FANTASTIC PR that was found by OUR members yesterday?!?!? lol!

Originally Posted by jedi17

there seems to be a lot of talk about a .05 r/v....think about it...if they r/v at .05...how could this possibly help Iraq buy goods from other countries...now they may not be selling dinar, but believe me that would not stop a person from walking into a bank in iraq and making a withdrawl...and that would be where our friends who have sold dinar for so long come in (the ones who smuggle the dinar out of the country). The r/v will not be low, it will devestate any confidence people have in Iraq, and Iraq itself would not be able to buy goods...just like now...remember they daid they have to r/v the dinar to amounts closer to neighbouring countires.

I also think we are leavig out the political part of this ,manny of the dems are threatening to withold further funding due to the lack of support for this war as well as the cost.If and i say if Iraq came with a reval that was fairly high it in my oppinion would buy some time and perhaps more support for this war.And yes i am aware of the pres. veto power but it certainly could not hurt as far as bringing something possitive to the table that the pres. could go to the american people and tell us we must stay the course

Jasman:ياسمان

ياسمان :Jasman

ياسمن :Jasman

يسمن :Comfort.

يسمان :Hallmarks

Seems so easy to misinterpret words.

How much you wanna bet that it's that FANTASTIC PR that was found by OUR members yesterday?!?!? lol!

Our researchers here are ALWAYS first to gather the important info........... lol

Originally Posted by tiffany

To all our FreeDinar Customers,

There once again will not be a conference call this evening. We apologize for any inconvenience.

However, we will be sending out an email in a few hours with some of the latest news. Just a preview, the Central Bank of Iraq has issued a statement regarding increasing the value of the Dinar.

Depending on the circumstances we should have a conference call next week.

Thank you,

FreeDinar/Ompus Corporate Team

How much you wanna bet that it's that FANTASTIC PR that was found by OUR members yesterday?!?!? lol!

I bet you're right! If I had any dinars to spare, I would bet a few thousand on it, lol.

Caroline