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

Kristin,

My advice is to pay your taxes and sleep well at night to be honest. I believe with this sort of investment and from what I've read there is talk that in the States the Feds will check on the legitimacy of Companies where people have bought their Dinars from to make sure there are no terrorist connections. The banks will pass on the information. Course if they've been bought from Ompus who are registered you will have no problems.

In England we will have to pay 40% on what we make. But hey IF the currency floats to .10 to the dollar or more I'll be more than happy to pay the tax man!!

ive_discovered_an_investment_team_or_program_that_ sorts_through_the_bull_sceams
and_fishes_out_the_real_investment_opp__it_provide s_a_list_of_legit__investments_
so__you_can_stop__wasting__money__doing__the__grou nd_work__the_list_just_
happens_to_include__the__IRAQ_dinar_opp___this__th e__easiest__way_to
get__started__without__the_risk_for_more_info_chec kout....

HTTP://MODEST1.ROBORICHES.HOP.CLICKBANK.NET

[email protected]

This is a gamble not an investment. An investment is a studied strategy, but this is mre like a game of chance.

I wish all of you getting involved in this good luck but I personally wouldn't do it for the following reasons:

1) Iraq is Iraq... a place where the minority who won't support the newly established government will use any means to make a terrorist attack, including suicide bombing. How this affects the country's currency is not a nice thing.

2) the climbing prices of real estate doesn't count. I live in a country where real estate prices has been increasing 10% to 15% yearly since the 1970s ... Does this increase my country's currency value??? NO WAY.. it went down 30% since the 1980s and it is more debt ridden than ever! (although our standard of living has improved)

3) Oil and Gas reserves are plentiful... but that doesn't guarantee they will be managed well.

4) How about other factors like foreign relations, unemployment rates, standard of living, welfare, and the country's debt affect the price fo the Dinar? You can't tell what will happen.

5) What if the price of the Dinar right now is over valued? A revalutation may reduce it's current quoted value!

6) I have the Forex to make me rich... I might consider the Iraqi currency if I see it on a trading platform sometime soon. For now I think I know what I'm talking about when I say this is a game of chance.

To conclude I am seeing this like a passing fad! This will either rise and be the next big thing or crash like nothing else before it. I wish the former for all of you but personally I think there are many factors you are not considering and would not be this optimistic. (Just my opinion)

As always, don't put more cash than you can afford to lose... you realy don't have to.

Wacky,

I don't agree at all, any investment is a gamble. There are no guarantees with any investment.

I'd argue against your points but Arsenal are on tv playing football followed by England against the All Blacks in the rugby so it'll have to keep!!

Maybe Offshore is around to answer your points...

I've bought all mine from Ompus. I guess my question is, is there a way to "pay as you go?" Just go to the IRS (or whatever...) and say, I just traded this amount, here is your cut? 40%, yikes. I can see why the government would want to encourage this, although I'm not 100% clear on where all that dough is going to come from. It certainly will generate some money for the gov.
Good luck on your ruggers. My husband played for awhile, and still has all his teeth!
xoxoxo,
Kristin
Good news from Bryan, eh?

Half time, not looking good. :0(

Good news from Bryan yes.

Have a look at this all.

http://usinfo.state.gov/xarchives/di...wf-latest.html

Hi Adster.

Didn't see the Arsenal match, but watched the England/All Blacks game.

Guess England didn't want to Win. They blew it!!!!!!!!!!!!!

Cheers.

Arsenal won 3-2, cracking match.

England lost 23-19, great game again, just couldn't break through. All Blacks defence so strong. Ho hum, beertime to drown our sorrows! :0/

Again a thread out of its main topic! Please keep the talk in it to the dinar topic only.

marek

Interesting,

Answered below with my opinions, as well as the opinions of experts on issues in region.

Originally Posted by Wacky

This is a gamble not an investment. An investment is a studied strategy, but this is mre like a game of chance. When and how could investing in any countries currency be a gamble when the FOREX has defined this as a legitimate investment opportunity with billions being exchanged daily?

I wish all of you getting involved in this good luck but I personally wouldn't do it for the following reasons: Some will, some won't, who cares?

1) Iraq is Iraq... a place where the minority who won't support the newly established government will use any means to make a terrorist attack, including suicide bombing. How this affects the country's currency is not a nice thing. It has ZERO effect, as Iraq was once ruled by a terrorist, Saddam, so in economic terms, business as usual. What has changed is obvious, now the terrorists are merely a band of misfits, not the former minority controlled government of Suddam's rule. As we recenlty saw in Jordan, finally these terrorists are being hated by their own, so watch and see what happens next when these nomad terrorists have no home in the whole region to hide, then what? The shift is well underway, and so will these cold blooded killers be well on their way. The economics of disclosing who are terrorists will wipe them out, for money rules, alwasy has, always will.


2) the climbing prices of real estate doesn't count. I live in a country where real estate prices has been increasing 10% to 15% yearly since the 1970s ... Does this increase my country's currency value??? NO WAY.. it went down 30% since the 1980s and it is more debt ridden than ever! (although our standard of living has improved) You are not comparing apples with apples. Iraq is being reborn, so real estate values are important components of economic recovery in a country that was as depressed as Iraq was.

3) Oil and Gas reserves are plentiful... but that doesn't guarantee they will be managed well. And why wouldn't it be managed well with new government in place and it being a large part of recovery efforts to pay for infrastructure rebuilding? Come on, you are grasping at straws here. Already oil production is at an all time record high as of September, and that surely doesn't indicate poor management.

4) How about other factors like foreign relations, unemployment rates, standard of living, welfare, and the country's debt affect the price fo the Dinar? You can't tell what will happen. Sure you can if you did an ounce of research. Most of iraq's debt has already been forgiven, as in erased from debt obligations, so the question is, do you research anything before commenting? Free enterprise is booming in Iraq, but you won't hear about it from major media, so do a little digging behind the scenes to learn what is really going on.

5) What if the price of the Dinar right now is over valued? A revalutation may reduce it's current quoted value! How could it be overvalued when it was as high as $3.30 against US dollar when under a killer regime of Suddam which limited exchanges and free enterprise, greatly hindering economic growth.

6) I have the Forex to make me rich... I might consider the Iraqi currency if I see it on a trading platform sometime soon. For now I think I know what I'm talking about when I say this is a game of chance. You don't have a clue, sorry, and if you are already getting rich in FOREX markets, then you would not be talking like you are, so it makes me wonder why you would be bothering to post. Very strange. Currency is currency, and the dinar will be on FOREX as soon as peg is completed, and you should know that.

To conclude I am seeing this like a passing fad! This will either rise and be the next big thing or crash like nothing else before it. I wish the former for all of you but personally I think there are many factors you are not considering and would not be this optimistic. (Just my opinion) Since when is democracy in a region for the first time a fad? You call a country a fad? Egads, Iraq is soon to be the number one oil producer in the world with a new oil reserve disclosure, and you call it a fad. Now I have heard everything, and that is my opinion, but thanks, it has been fun. (g)

As always, don't put more cash than you can afford to lose... you realy don't have to.

Good luck to all, Mike