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Happy Holidays, Sunny!
Still holding all that dinar…your post is a blast 💥 from the past though as I don’t even think about the dinar anymore.
Hope all is well in your world.
Cheers!
Merry happy War. Stay safe. I see we’re into the annual year end push same old stuff bank stories and cash in and tax advice. Next we will be hearing all the usual excuses why it didn’t happen againand watch the monthly quarterly slide into 2025. Rinse and repeat.Ground hog day gone annual. . Take care faithful.
I didn't know the dinarguru were still pushing their BS.
Thanks - I needed the laugh.
Yup, it's always politics, fighting for power and money, Satan's minions, I call them. Hope they all go to hell and join their new savior. I'm a Chirstian and will stick with our God.
Glad I started something good for once, LOL.
I like posting, so I'll keep your guys occupied, another LOL>
Thanks for the reply, yeah I should have know better but the Iraqi PM just said it, so I guess it's not true, and you should know since you're boots are on ground.
I knew the Iranians were really controlling Iraq not too long ago, so, you're saying they still are.
By the way, this question has puzzled me for a long time, WHY HASN'T THE USA MILITARY WENT IN AND CLEANED THE IRANIANS OUT OF THERE, I KNOW THEY COULD. IF YOU KNOW, PRAY TELL
I ASSUME YOU'RE A MARINE ON ACTIVE DUTY, I'M VETERAN, R FORCE INTELLIGENCE, PACIFIC REGION 62-66, IT WAS CALLED PACIFIC SECURITY REGION, USAFSS THEN, AFTER THE CONFLICT, RENAMED AIR FORCE INTELLIGENCE. LONG TIME AGO.
I ALMOST THOUGHT THIS BOARD WAS DEAD NOW, KEEP IN TOUCH, OK.
Hi Jerry - greetings from Iraq.
Total control of the corruption? lol
Even getting a new work visa over here is corrupt. Not to mention the Iranians bribing everyone and attempting to control the Government. Iran is the number 1 problem in Iraq.
Good luck to you.
Move forward to April 12, 2021.
I've been in this since about 2005, and, to be honest with you all, actually everything is about as good, as it'll get for our wild and crazy Iraq Dinar.
Today was the best day in 20 years, as the newest leaders finally said the Iraq government has total control of the corruption, especially the Central Bank, no more corruption at the CBI.
Oil is in the 60's again, all debts are paid or written off and the Kurds are actually happy with the HCL.
If it doesn't go soon, it's probably not going to go for another year.
Merry Christmas buddy!
Have a safe and blessed Christmas!
Just another day in the neighborhood here...
AP: Iraq's central bank devalues dinar by 22% amid public anger.
BAGHDAD (AP) — Iraq's Central Bank on Saturday announced it will devalue the Iraqi dinar by over 20 percent in response to a severe liquidity crisis brought on by low oil prices, a measure that has sparked public outrage as the government struggles to cover its expenses.
In a statement, the Central Bank set the new rate for the dinar, which is pegged to the U.S. dollar, at 1,450 IQD when selling to the Iraqi Finance Ministry. The dinar will be sold to the public at 1,470 IQD and to other banks at 1,460 IQD.
I accepted that a long time ago... And I hold 12 million dinars.
Good luck to us both, on something else!
That is life... We take risks, by the way I am still working and living in Iraq as I type this.
The pockets of those in charge are well lined and they don't really care what happens. Enjoy that wallpaper!
Lol! Yep . I think mine see 12-14 years old?? I forget .
Why in the hell would you every buy a crawling pegged currency?????
Especially one as highly inflated as this?????
Free floating currencies are a better aliet still craptastic "investment"
I mean the MGA and MNT look good eh? lol
LOL! Still got mine somewhere buried in this house. Geesh!! Scam we bought into !!
No joke. The Sams Club and Costco were outta TP. So I went to the currency exchange house down the street and bought a stack of 250 IQD notes for about the same price as shit paper.
LoL - I know that is right.
A$$ wipe or wall paper - pretty much sums it up.
I ran outta toilet paper during the early days of COVID.
Was easier to wipe my tuchus with these things and the VND than it was to find actual shit tickets.
Bubbabow.
I ran outta toilet paper during the early days of COVID.
Was easier to wipe my tuchus with these things and the VND than it was to find actual shit tickets.
Bubbabow.
I don't know , but if there's more people out there like him that's got as many as he's got, and if you believe all of those photos online and see all of the billions and billions of them for sale online and on places like ebay, they're not worth the paper they're printed on and not likely to ever be worth more than what they are now.. Probably less the way Iraq looks.. lol
Time will tell ... maybe worth more as collectors item for kids down the line
I bought some when a friend of the family told us about them at least that many years ago and so did some of my family.. I sold mine about a year later.. I know one guy that's been buying them for close to 20 years I'm guessing. He must have tens if not hundreds and hundreds of millions of these things .. He bought them up by the shit load for years and I'm not sure if he's not still buying them but I know he had a enough to fill a garbage bag with them at one point.
I doubt he even knows how much he's paid for them and when he sells them and pays a commsssion, if he don't hold them until he dies, he'll be in the hole.. He has passed them out to everybody he knows like candy for 15-20 years for presents hoping he could make everybody rich.. God for his sake, I hope it happens, but I'm not expecting it..
I know people who have been buying these things since the 1990's waiting on this thing to turn upside down.. Viet Dong also..lol.
I know one guy, poor thing, who spent all of his money month after month when his pension came in on them and he's still got a truck load of them.. He passes them out at Christmas time to family...I can't even remember when this actually started or when they got wind of it but it has to have been at least 20 years or more now...I don't know how long it's been going on, but it's been HAPPENING for a very , very long time..
Hi Sunny,
I know what I've often pointed out, back then... I never would of thought of COVID-19 shutting down the Word's economy either.
Heck, anything is possible or so it seems.
Get some time - take a look at ASKH. Not pumping here, it's an empty shell with no debt, current, RM expected in the next 45 days or so, float is 22 million. Worth a hard look - imo.
Had to change my vacation to Dec from May (thanks to Corona). That will put me deployed here in Iraq for 19 months straight without a day off this time around. Too much, but that is life sometimes.
Stay safe.
War
All good here War. Just cashing in on the last day of freebies. Sorry for the delayed reply. Hope you’re well. Sure wish there was a way to respond to these numbnuts gurus, lol. The conspiracy theorist in me says maybe this virus is the catalyst that the US uses to effect a revaluation to save us and the world from financial disaster. But as you’ve often pointed out, geopolitical conditions don’t support a departure from the deteriorating status quo. Folks often compare this to Kuwait which is utter nonsense. Not the same situation. And so long as Iran is in the picture, no way we see any progress. Not to mention the inability to attract and retain a credible leader of government. And the oil price war blows the underlying premise up in smoke. Yeah... maybe our grandkids will see something, lol. You stay healthy and safe!
Regards,
Sunny
Hey Sunny!
I'm still here in the Baghdad area.
Hope things are going your way!
War
Hope you’re all doing well; keep the faith!
Eventually they will just be collectibles I guess. LOL
Hey bud... hope you’re well. Just wondering how one can reply to these genius gurus. They are worse than the penny stock pimps. It’s pretty clear folks are going along status quo and we’ve got a long way to go before we see so much as a tingle. The geopolitics of the region may never play out nor in a manner that nets us much if any return. The incessant hype about dates, rates, contracts, etc. is nauseating. I keep mine stashed in an old Animal Crackers can in the cupboard... fitting imo. Take care!
I've got a hunk too and I'm in Iraq now.
Thing is the locals here don't give 2 $hits about their own currency. They want the dollar.
I've come to the point where I'll just pass my lot down to my kids...
No Dinar revaluation coming anytime soon - too much tension over here/Iran is next door ;)
Holding 15 years strong ... but jeez you would have at least thinked it would slowly gradually increased value over these years. I think I have better luck on trip 0 stocks LOL ... If this thing doesn't budge soon I might take a very small gain (about $100 per million) through SafeDinar website or something. grrrrrrr Come on Iraq I need a break lets revalue.
PM Barzani Meets with Iraqi Counterpart in Baghdad (Feb 7th 2019)
http://www.basnews.com/index.php/en/news/kurdistan/499761
ERBIL — Kurdistan Region Prime Minister Nechirvan Barzani met on Thursday with his Iraqi counterpart Adil Abdul-Mahdi in Baghdad.
The two premiers reportedly discussed bilateral ties and ways to resolve the remaining disputes between Erbil and Baghdad.
This is the first visit to Baghdad by PM Barzani since the approval of Iraq’s 2019 budget bill which secured the salaries for Peshmerga and public servants of Kurdistan Region.
No officials statements have yet been made.
Well they haven’t gone down in value (only up) since I bought overseas so I am still positive thinking
God only knows - I've seen some strange $hit in my life...
Let's hope things finally go our way.
Good luck.
War
Maybe one day they’ll be trading like magic cards for money as collectibles