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

Originally Posted by mastermind

I found this on (addy/link removed)

If it Sounds Too Good to be True...

Ask yourself one question: if the Iraq Dinar is such a hot commodity, why would anyone in the know be willing to sell it to you? If you thought that the IQD was going to multiply in worth by hundreds of thousands of percent, would you sell it? Of course not -- you'd be too busy buying as much of it as you could.

But if you thought that the IQD was going to go down in value over time, well, then you might start trying to convince people that it was a "great deal" so that you could get rid of all of yours before it nose dives.

Remember the old saying: if it sounds too good to be true, it probably is. Be careful!

Removed link. You may however, recommend or promote your addy/url programs, by having it added to your Profile (User CP) above on the left side. The Website link-up will appear for their access. MOD - YB.

Funny,

You are trying to compare this to bump and dump stock moves, and sorry, you cannot influence currency value with a bunch of too good to believe hype like is done with stocks.

The key factor here is that even if currency was to PEG at $.60, $.40 or even a $1.00, the market spread is still there just as it is in FOREX trades. There are people making money off of these moves, and they will be there after the PEG, and in fact, there will be tons more of traders.

When you do your research, which is what this forum is advising you to do, you will learn the truth. No one can predict where an investment will go, up or down, but in this case, we are not talking about a get rish quick investment, this is a great long term investment, and it does have all the right ingredients for a good short term ROI as well, but that would be just icing on the cake for those positioned now.

For your information, there are many currency dealers which have suspended sales of Iraqi dinars, so what do they know that we don't? The point is, this is a business, and there is money to be made selling and purchasing, as far as who will make out the most, this no one knows. This is not an industry which will stop the moment currency has PEG set, it is just beginning, so as with all currency investing, there will be winners and losers, and in time, it will reverse, the losers will be winners and winners will be losers, this is a fact of life. So which do you want to be? (g)

Good luck to all, Mike

click PAULYD go to my profile for the link to dinar investment information and then make up your own mind.
Google iraqi dinar and you will see that great strides are being made despite the unrest.

Originally Posted by everwiser

You are right; it is speculating. I never said it wasn't and I also never said I wasn't interested. I was merely highlighting a potential danger to all of this. With W. in the Whitehouse you can guarantee that Iraq will be mostly stable and that there will not be any "major" shifts in its government through 2008. It's what happens after 2008, that is in question. If a liberal Democrat is elected here in the States in 2008, his/her administration would more than likely "pull the plug" on Iraq. If this were to happen while the current type of problems are happening, there could be a civil war between the Shi-ites, Sunni's and/or Kurds. This would adversely affect the value of Iraqi Dinars, would it not? Lastly, if the government were to be overturned, who the heck can guess what would happen with the Iraqi currency?

Forewarned is forearmed...That's all I was bringing to light. Good luck to all who buy Dinars; I may be one of them.

EverWiser

Interesting,

The point of civil unrest has been going on for thousands of years, so the Shiites, Sunni's and Kurds will still be fighting a thousand years from now, so this has no impact on local economy, only in the eyes of the west does this not compute.

So to answer your question, NO, the value of the currency was stable when Saddam was in power, and he was one of the worst agitators of civil unrest. When his life was threatened, what did he do, he wiped out the whole town that the assassin was from, and the currency didn't go down, it went up in value, so you really need to get out of the western civilized mindset to understand this investment potential fully.

Good luck to all, Mike

Originally Posted by PAULYD

With all the oil and rivers not to mention untaped oil reserves yet to be opened up the only way is up my friend the IQD HAS BEEN STABLE THROUGHOUT THE TROUBLES SINCE IT'S RE-Launch and when things settle which in time they will those with IQD will be rubbing there little greedy hands....

Great post,

Excellent, this is the ace in the hole regarding the economic potential of region. The two major sources of water in the whole region are in Iraq, so look at this as more valuable than the oil reserves as they are useless without water.

Once you do your due diligence, make sure you research the importance of water, as if we didn't know, but look at is from the point of those living in a vast dry and waterless desert. Agricultural value is tremendous for the region, and once irragation is completed, and planting is under way, who will have the most stable economy in the whole middle east, IRAQ. Those who control the food control the world, why do you think the US is so powerful, not because of weapons of mass destruction, oil, or wealth, it is the food supply. Take away the agricultural aspect and the US is nothing. Food rules, do your due diligence folks and you will see what few others are seeing in Iraq, this is not about civil unrest, oil, or who rules, it is all about developing agricultural industry, and they have the money to do it, so hang onto your hats.

Good luck to all, Mike

Nice one Mike, that's why I'm ordering another 2 million of the little babies!! ;0)

My link is in my profile, failing that pm me and I'll send you link.

Adster, I'm waiting to hear from you.

Please check your pm's.

Caroline

Originally Posted by Offshore-Wealth.com

Interesting,

The point of civil unrest has been going on for thousands of years, so the Shiites, Sunni's and Kurds will still be fighting a thousand years from now, so this has no impact on local economy, only in the eyes of the west does this not compute.

So to answer your question, NO, the value of the currency was stable when Saddam was in power, and he was one of the worst agitators of civil unrest. When his life was threatened, what did he do, he wiped out the whole town that the assassin was from, and the currency didn't go down, it went up in value, so you really need to get out of the western civilized mindset to understand this investment potential fully.

Good luck to all, Mike

It's not the civil unrest that I was referring to but the possibility of a complete change in the power structure within Iraq. You are right, there has always been civil unrest over there AND the Dinar was stable under Sadaam. However, Sadaam was in power for over 30 years; the same ruler for 30 years. That tends to lend stability to a currency in a historically unstable environment. There is no such luxury now.

If the Iraqi government suddenly changed hands in the next few years, one should not assume continuation of a currency that is being made for them in Europe.

Originally Posted by everwiser

It's not the civil unrest that I was referring to but the possibility of a complete change in the power structure within Iraq. You are right, there has always been civil unrest over there AND the Dinar was stable under Sadaam. However, Sadaam was in power for over 30 years; the same ruler for 30 years. That tends to lend stability to a currency in a historically unstable environment. There is no such luxury now.

If the Iraqi government suddenly changed hands in the next few years, one should not assume continuation of a currency that is being made for them in Europe.

Interesting,

I can understand your point, but look at it this way. When Saddam was in power, there were no groups powerful enough to challenge his ruthless regime. As you recall, when Saddam invaded Kuwait, US coalition was in there in a heartbeat, so what makes you think this would not be even more important after investing billions into Iraq, and billions more in forgiven debt internationally.

If it didn't happen in 30 years under Saddam, you can count on it never happening again, and this you can take to the bank. No longer will any group even try to take over another regime or country, never mind a government, and that is what we are now talking about here, a democracy, not a regime or similar ruthless leader like Saddam. Entirely a different situation now, and one where the whole world will be watching day in and day out forever.

As you can see, your argument does not hold water any longer. Yes, it could have happened under Saddam, but it didn't, just the usual in fighting which has been going on forever. What you will see in Iraq in the coming months is a security force which will grow and grow and grow into the millions as the country tastes a bit of freedom and free enterprise of the west. Think about it, if there was wealth for all, jobs, hope, etc., there would be no terrorists, and if you were one, your peers would take you out if you were threatening their wellbeing.

This is the beginning of the new Iraq, yet some want to keep it in the same box as it was under Saddam. This is what I was trying to point out, civil unrest will continue, but there will never be another threat from any power in the region now that US has set the policy and democracy and new constitution is here to stay. If you would be so kind to suggest who would potentially be in a position to topple the new Iraq government, I would be open to discuss it. Iran, Kuwait, Turkey, Pakistan, Sudan, Seria, N. Korea, Cuba. (g) I am open to your opinion on who would be game to invade Iraq, so fire away.

Good luck to all, Mike

I am not going to get into politics except to say the US would never allow this project in Iraq to fail. The reasons are obvious...enough said.
Cheers Paul

Thanks all that have ordered. My homepages site are inundated with orders at the moment. Seems a lot of people are buying up dinars.

A good sign. :0)