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

Adster, thanks for the update. What your hearing makes a whole lot more sense. They need to peg it high at the start to help their people. Now if July would hurry up and get here. I feel like I'm wishing my life away. LOL

Originally Posted by cigarman

Adster, thanks for the update. What your hearing makes a whole lot more sense. They need to peg it high at the start to help their people. Now if July would hurry up and get here. I feel like I'm wishing my life away. LOL

Welcome, a small r/v serves no purpose at all. Oil can back any r/v rate they set.

Check this out guys, pretty good site, have a look at the top 3 articles. I know we've already seen them but word is spreading and I'm hearing dinar dealers are starting to dwindle on ebay, a good sign. They will either raise their prices extortionately or disappear with their own supplies for personal comsumption.

http://www.edinarfinancial.net/news/?quer=&nm=&ny=

July is tomorrow all, a big month for all of us.

Originally Posted by Adster

Internal rate of 800:1 by 2 July, (or within a few days of that) then last week of July at 1:1 it will open to the rest of the world....

Hey Adster,
Is this internal rate going to jack up the price of what we pay for them, or does it only apply to being inside Iraq?

Great News, but I want to get more!

Originally Posted by cigarman

Adster, thanks for the update. What your hearing makes a whole lot more sense. They need to peg it high at the start to help their people. Now if July would hurry up and get here. I feel like I'm wishing my life away. LOL

LOL Cigarman! July is tomorrow! Approximately 15 hours from where I am!

Don't they usually have their meetings on Sundays in Iraq?

Originally Posted by Adster
Internal rate of 800:1 by 2 July, (or within a few days of that) then last week of July at 1:1 it will open to the rest of the world....

I think someone just asked the same question that I'm about to ask but we NEED to know this. If they r/v internally at 800:1, will this affect the price that WE pay to buy dinars? I just bought some more yesterday and the rate was 0.0008667 so if they r/v internally at 800:1 will that price that I paid rise as well? I hope not because I still have another 2 paychecks in the month of July with which I can buy some more DINARRRRRR lol

Cheers all,

Rob

Only 7,3 hours to July :P

Two millions dinars waiting in my hands now three zero looping :)

Originally Posted by clueless

i really don't know how to make this point but i think it is important that people consider the real meaning of holding big amounts of dinar after a signficant reval. the choice between / buy / hold / sell / is not simple and really needs to be evaluated every time something changes.

think of it this way.. if you had a few hundred thousand or maybe a few million USD.. would you really be comfortable investing them in dinar at 1 to 1? i am not saying it is a bad idea.. just that it deserves careful thought.

it is one thing to risk a few hundred or a few thousand dollars for a possible 1000 times return, completely different to risk a few hundred thousand or a few million for a possible 2 or 3 times return.

p.s. i do realize that there are tax implications of selling too.

Excellent observation Clueless,

I agree that we should reevaluate our holds at each new development with Iraq and the dinar. Neno and I were talking about that just last night and as he suggested, if senario A happens then we have to consider has strongly we fell that senario B will follow ect.........

My plan is this, anything less than 1 for 1 and I'm only exchanging what I need to get debt free. If 1 for 1 does happen then I will exchange all but 25%. I will feel comfortable holding that to see what evolves.

Originally Posted by ezcash

Flygirl Speaking of waiting.... if you want to see a good movie while waiting.... rent "the Fastest Indian"... being you enjoy bikes... you might enjoy it.. it's a true biker story... my husband used to have Motoguzzi and we had some great rides when we lived in Colorado but when we moved the Calif. freeways got toooo scary.. still we have great memories.. anyway we watched it last night and it was so good.. leaves you warm and fuzzy...

I saw that movie and it was good. Just another example why we should never give up on our dreams!

Originally Posted by tiffany

How do you put someone on "IGNORE" ?

Hey Tiffany, it's a really great function. Just click on the ID you want to ignore, then click "view public profile", at the upper right of the profile there is a link labled "add xxx to your ignore list".

sigh.. then if only we can all resist quoting this guy.. lol..

Thanks Clueless!

Mission Accomplished!