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

I am soooo frippen excited, and dh just called and asked me a question. He too is excited, but stuck in some small city with a broken airplane. He wanted me to explain why an r/v is eminent or the ISX/all of Iraq could be bought for pennies on the US dollar? Will anyone of you brilliant investors, help me explain....in real terms PLLLLLEEEASE...(don't need him calling the men in white coats...'cause forgot to put my orders in for diamond buckles)

Thanks in advance, but please hurry....his airplane may be ready to go!

Originally Posted by ozizoz

can you pm me the link to this . ..a couple friends and I are looking to do the same thing. thanx!!!

Yes, please, me too!

Let It Peg......let It Peg......let It Peg....go Dinars.....pat

Hi Mom2two!
Iraqi president Talibani ratified the FIL meaning it can /should/will go into effect on Sunday morning when the ISX opens for the new week. If the dinar stays the same value we could take $1,000 US and buy one million dinar and buy say, 1,000 shares of some stock selling for 1,000 dinar per share. If the dinar revals say, to 1 to 1, then our $1,000 would only have the purchasing power to buy 1 share of stock selling for 1,000 dinar.
Blessings On YOU! AL

Originally Posted by orrkallen

Hi Mom2two!
Iraqi president Talibani ratified the FIL meaning it can /should/will go into effect on Sunday morning when the ISX opens for the new week. If the dinar stays the same value we could take $1,000 US and buy one million dinar and buy say, 1,000 shares of some stock selling for 1,000 dinar per share. If the dinar revals say, to 1 to 1, then our $1,000 would only have the purchasing power to buy 1 share of stock selling for 1,000 dinar.
Blessings On YOU! AL

THE FIL HAS BEEN RATIFIED????!!!

when did this happen??

Can someone give me a recap of the last 40 or so pages

The confusing thing is that there have been foreign investors. In the ISX now for years. So when the dinar dose RV. From my understanding, is that all the stocks will split. So in the end the ISX investor will be no better off. Than before the RV! Also I thought the ISX would not be open Internationally until some time in 2007! Anyone else care to take a stab.

Originally Posted by Felita

Hello everyone! Have you seen this from Iraqipresidency site? "The Presidency ratified the Investment Law", Thursday: November 30, 2006!!

To catch everyone up that dont read the whole Thread. This is first post by Our New "DinarGang" member that got the Woooottttiiiinnnggg going. And here is the Link to it. Enjoy: Translated version of http://www.iraqipresidency.net/news.php?language=arabic&type=news

Originally Posted by cigarman

Give us a run down on tonights call please.

Apollo is sending out a recap at midnight of the call. I'll paste it when I get it. Really everything on the call we heard here first!

Did you guys ask him why people were not getting paid?

Originally Posted by goldraker

The confusing thing is that there have been foreign investors. In the ISX now for years. So when the dinar dose RV. From my understanding, is that all the stocks will split. So in the end the ISX investor will be no better off. Than before the RV! Also I thought the ISX would not be open Internationally until some time in 2007! Anyone else care to take a stab.

Well I'm in the ISX so I hope Im "better off" when it revalues. 2007 is only a month off. I don't think anyone really know what will happen. I'm hoping for a large rise in ISX prices when the FIL hits and a reval, and in several years after Iraq has calmed down and has been pumping oil for a while. Things will be LOOKIN GOOD!