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

Greetings,

Good news, I am on international call with Iraq suppliers of dinar for Free-Dinar and the inside news is that fuel is already being raised in price as fuel subsidies are being phased out. Now as anyone could imagine, this would be like our fuel prices in US to go up 5 times overnight. So at currect prices of $2.40, as example, what would happen if it went to $13.00 overnight? The point is, this increase in price is evidence that peg is about to happen. Not speculative, but actual proof, so January looks to be absolute.

In addition, the elections are verified correct, and the news that there was questions on vote count was more BS, just like with constitution vote, so everything will be counted by end of next week. This is the trigger for peg, so we may see it in first week of January, so it looks like some of the speculation we all heard may be true in this case.

For those involved with us in Free-Dinar, they are still having a few issues with software switch, but backorders are nearly caught up and every order is out. Commission checks are being received after delay of software switch, and more news is coming next week. Credit cards will be taken only for monthly and distributor option of $30.00 while the merchant verification is taking place. As many know, it is near impossible to find merchant accounts for internet charges, so patience is the word. Over all, great news for everyone involved.

Happy, Healthy and Wealthy New Year to All, Mike

Caroline,

I'll pm you again.

Guys, I'm reading more great news this morning. I'll post it later as I've got a few things to do first.

Guys, I'm reading more great news this morning. I'll post it later as I've got a few things to do first.

If I've missed any pm's apologies, inbox was full!

I have got 1/2 million dinars but what concerns me is if the revalue is so iminant why is there still 100s of millions still for sale on ebay etc

but i sure do hope you are right i am long overdue some good fortune

regards
Tony

Tony,

The prices are going up on ebay with the demand increasing. One dealer I've used has been out of dinars for a month.

If a reval happens in the next week to 10 days, you won't see any dinars on ebay, lol.

I've also heard that for UK investors the Bank of Kuwait in Central London WILL exchange dinar when the time comes.

The news I read this morning is good enough for me to think a revalue is imminent. :0))))))) Just finding out more before posting it.

The news I read this morning is good enough for me to think a revalue is imminent. :0))))))) Just finding out more before posting it.

Look at number 2 below. My question is are their any banks in the USA that can redeem Iraqi Dinar if it pegs in January??

No need to be hatin' I,m just askin'


Beware Of Investment Scams In 2006
December 29th, 2005 @ 10:50pm
SALT LAKE CITY, Utah -- The Utah Division of Securities at the Utah Department of Commerce estimates Utahans lose more than $50 million a year in investment scams, and today released a Top Ten List of the investment scams it has determined will be most prevalent in Utah for 2006 and which people need to be warned. The list is based on scams recently discovered in Utah and frauds being promoted in other states.

1. Instant Messaging Stock Tips Promoters of penny stock companies "mistakenly" send text messages to your cell phone. The messages contain stock tips purporting to be inside information. This is modeled after a successful 2005 scam using faxes and voice mail messages claiming inside information. Once the stock price soared, promoters sold their shares and the stock became worthless.

2. Iraqi Currency Advertisements in newspapers promise wealth by purchasing the new Iraqi dinar. Promoters explain as democracy comes to Iraq, the expected peace will stimulate the economy and value of the dinar. What investors are not told is the dinars can be redeemed only in Iraq and the sellers already have doubled their money. Thus, the dinar would have to more than double in value and you would have to book a trip to Iraq to collect any profit

The Utah Department of Commerce urges investors to be careful with all investment opportunities. "Make sure the investment is registered and the salesperson is licensed," said Wayne Klein, Director of the Utah Division of Securities. "People often reevaluate their finances at the end of the year for tax purposes or to invest year-end bonuses. Take time to ensure all investments you make are legitimate." Investors are encouraged to check out any investment opportunity and verify the salespersons are licensed by calling (801) 530-6600. More information about these and similar scams can be found at the Division's web site www.securities.utah.gov.

This is a pile of poo. For a start Compass Bank in the US are dealing dinar. Some B of A branches are too, and the Bank of Kuwait in the UK have said once it's convertible you'd be able to exchange them.

This article was written by someone with very little knowledge who doesn't know their facts or they have their own agenda.

Best you have a read of this. Point 9 in particular has made my day....

# Introduction of a new composite index in cooperation with Dow Jones. The index will be free float weighed index.


http://www.feas.org/News.cfm?ID=454&MemberID=38

It's obvious to all that tradeability will happen.

Originally Posted by pu602

Look at number 2 below. My question is are their any banks in the USA that can redeem Iraqi Dinar if it pegs in January??

No need to be hatin' I,m just askin'


Beware Of Investment Scams In 2006
December 29th, 2005 @ 10:50pm
SALT LAKE CITY, Utah -- The Utah Division of Securities at the Utah Department of Commerce estimates Utahans lose more than $50 million a year in investment scams, and today released a Top Ten List of the investment scams it has determined will be most prevalent in Utah for 2006 and which people need to be warned. The list is based on scams recently discovered in Utah and frauds being promoted in other states.

1. Instant Messaging Stock Tips Promoters of penny stock companies "mistakenly" send text messages to your cell phone. The messages contain stock tips purporting to be inside information. This is modeled after a successful 2005 scam using faxes and voice mail messages claiming inside information. Once the stock price soared, promoters sold their shares and the stock became worthless.

2. Iraqi Currency Advertisements in newspapers promise wealth by purchasing the new Iraqi dinar. Promoters explain as democracy comes to Iraq, the expected peace will stimulate the economy and value of the dinar. What investors are not told is the dinars can be redeemed only in Iraq and the sellers already have doubled their money. Thus, the dinar would have to more than double in value and you would have to book a trip to Iraq to collect any profit

The Utah Department of Commerce urges investors to be careful with all investment opportunities. "Make sure the investment is registered and the salesperson is licensed," said Wayne Klein, Director of the Utah Division of Securities. "People often reevaluate their finances at the end of the year for tax purposes or to invest year-end bonuses. Take time to ensure all investments you make are legitimate." Investors are encouraged to check out any investment opportunity and verify the salespersons are licensed by calling (801) 530-6600. More information about these and similar scams can be found at the Division's web site www.securities.utah.gov.

Funny,

Don't worry, we don't shoot the messenger. LOL Seriously, this is all old information and unless you are reading todays news, it is ancient history with this fast moving issue. HSBC has already purchased a bank in Iraq and is committed to exchanges through their network of branches, so this old news about exchanging only in Iraq is about a year old. We can go to Kuwait, Sadi Arabia and Quatar already, and more banks are added every week. If you live near Chicago, and a bank in CAN already exchanges, so this is not as issue.

Happy, Healthy and Wealthy New Year to All, Mike