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If they were able to show filings, they could rocket up to .16, and thats being conservative,lol...as long as there are no ~S~ filings, but thay don't have to show those, "B" carefull, lol...Gl.
It was only a letter of intent,lol, but some made some loot off of it, The question is will it become legit? lol... GLTA.
that is why I left those boards back in Jan 08, got tired of the hype
I can understand that Strongtower, I don't even go to them not worth the frustration,lol...
How many rumors can one make up. And I have heard some doozies
I've been on this web site for 4 years, I can certainly believe that,lol... but just like everything else, take what you want and leave the rest behind.
All I know is one day I will wake up and either see a LOP or RV.
I am still and will hold 1,000,000 but if and when there is a lop that is when I am really going to load up,lol... good luck Strongtower, I look forward to and respect your post.
People only see what they want to see
Wayne do you not believe that there are 27 trillion Dinar in circulation?
BUT! the evadance points to NO LOP
The evidence is the CBI monthly circulation statements, I don't want a lop either, but I believe there will be one, its just common sence, don't you agree on these CBI bank statements? As I have said before I don't trust any government.
So much for the hype on the other board!!
HA!
Good find Aero Thanks:)
I 2nd that, lol thats all I want, the real deal, no sugar & or spice.
Suit yourself, but remember.
Except me I tend to agree with him, FACTS are FACTS.read between the lines people.
I choose not to have and Iraqi bank account and dont plan to travel to Iraq therefore someone in my position could possibly stand to lose all of my investment if they change currency and dealer doesnt exchange.
Yes, thats also why I have downgraded to just a million Dinars on hand thats all I'm willing to loose.
i think the dinar will continue to appreciate and i accept the risk but it is a concern for me if they change currency
to change currency is inevitable, what shop owners will be able to give change for a 250 dinar note for a 47.00 Dinar pair of sandles?
Although it has been posted on this board that they will just add lower denominations to the existing higher ones, so there we are again at a currency exchange dilemma, they will have to remove the higher denominations, (catch 22)
Will these dealers exchange them for the new currency
Yes; a dealer will exchange them but remember they are a private entity meaning they could stop at any time. They aren't obligated to exchange all Dinars. IMO.
If you hold any 1000 Dinar notes it will become (post lop) 1 Dinar note. Then you will have to exchange it for the new Iraqi currency taking its place.
WayneC777, think of what you just stated But some here are out to scare people into selling so they can buy. I want you to explaine to me where is it hard top buy Dinar, ROTFLMFAO...
Panhead, thanks for the info, however the link dosen't work anymore. no biggie. happy 4th.
this is not a penny being flipped with newbies every other week. newbies come here all the time, shouldn't they be informed of the cons also?
I have spent alot of money in Iraq. sorry to hear that.
then you are probably his friend :never met the man,
but I admire his honesty, he had 10,000,000 Dinars at one time. do you really think the Iraqi government is our friend? Ask yourself: Wheres the oil law?
If you want a bleading heart for him ... GO FOR it. Just stay way from me and we will have no problems. I do not need Idiots to help me think. :I will certainly remember that when and of course if there is a LOP which I must profess I HOPE dosen't happen. as I still hold 1,000,000 Dinars.
Good luck to you, and have a happy 4th.
Well how long is it going to take for them to get the picture???
ckirbygo, My opinion, the value of Dinars will never go down in value, even after if a LOP happens. This isnt like a penny stock with a reverse split where most penny stocks go down in value after the reverse.
essentialy it is like a reverse split if they remove 3 zeros 1 million dinars will be worth 1000.00 american dollars, provide it revalues to 1:1 then we will have to pay a dealer price to have the dinars exchanged provided you do it in the prescribed amount of time which I believe we will have, however they could very well only give you three day to do it in, the mailing process alone will exceed that.
What I mean is when the dinar revalues to 1:1(?) that will be the time to buy the NEW circulated dinars the 1,5,10,20, dinars notes that the average iraqi citizen will be able to spend at local shops, this will be the time to buy iraqi Dinars for when the price of Dinars appreciates 1:3.25? pre war exchange rates. personally I don't want to go through the process of trying to beat the clock or pay a dealer to exchange any dinars, if you want to thats totally yours and others investors choices. Thanks and good luck, I have to leave now but if there is a reply I will address it tomorrow.
DGA so wouldn't the price per dinar reflect that and raise? I mean if true they have been buying back dinars for years so wouldn't the price per dinar have risen much higher than it is now? Ask yourself honestly. I have.
rasica, but nowhere in that article or any article does it say they are retiring or destroying the dinars bought back. So therefore it is being recirculated. The price per dinar reflects and confirms that.
CBI will do a triple "0" lop then it will be time to buy IQD.
weathervane one word DAYTRADING, have you been watching the charts, it moves quite nicely,lol... Are you just having a bad day?? good luck!
OK Larry, lol,
LOL,,, well with 27,000,000,000,000 in circulation I would venture to say the stratosphere, ha,ha,ha, too funny. Ok well not really. Depressing is more like it. Thanks
he dosen't have to, anyone knows that unless the CBI, removes it from circulation, as far as they are concerned its still in circulation,lol...
WOW, Aerospace, that means they beat Nigeria, NOW THATS BAD.
Iraqi lawmakers reject security draft pact By QASSIM ABDUL-ZAHRA, Associated Press Writer
25 minutes ago
BAGHDAD - New U.S. proposals have failed to overcome Iraqi opposition to a proposed security pact, two lawmakers said Thursday, and a senior government official expressed doubt an agreement could be reached before the U.S. presidential election in November.
Iraqi reinforcements, meanwhile, arrived in the oil-producing southern city of Amarah on Thursday as the military geared up for another crackdown against Shiite militia fighters, officials said.
The security agreement would provide a legal basis for the presence of U.S. forces in Iraq after the U.N. mandate expires at the end of this year. Failure to strike a deal would leave the future of the American military presence here to the next administration.
U.S. negotiators offered new proposals this week after Iraqi lawmakers expressed outrage over the direction of the negotiations, claiming that accepting the U.S. position would cement American military, political and economic domination of this country.
Iman al-Asadi, a Shiite member of the parliamentary committee on legal affairs, said the latest American version "wasn't satisfactory to say the least."
She said the American proposals contained "some good points but they were not up to what we had expected." Al-Asadi said the committee had recommended to the negotiators that they reject the latest draft, the fourth since the talks began last March.
Kurdish lawmaker Mahmoud Othman confirmed al-Asadi's comments, adding that "we will not sign" the agreement as proposed by Washington.
U.S. officials have refused to release details of the talks while they are still under way but have expressed their respect for Iraqi sovereignty.
The top State Department adviser on Iraq, David Satterfield, told reporters this week that the two sides would meet a July target date to finish the agreement, which must be ratified by the Iraqi parliament.
President Bush told reporters this week in Germany that he was also confident that a deal would be reached.
But a senior Iraqi official told The Associated Press that the chance of finalizing an agreement before the U.S. presidential election was "slim," although he added that Prime Minister Nouri al-Maliki's government was interested in a deal if it served Iraqi interests.
The official is familiar with the negotiations but spoke on condition of anonymity to protect his position.
He said Iraqis were disappointed that the Americans were not offering a firm commitment to defend the country from foreign invasion — a move that would require U.S. Senate ratification.
The Bush administration has said it does not need congressional approval for the agreement despite demands from Democrats that Congress have a role if the pact commits U.S. forces to remain in Iraq long-term.
Several Iraqi lawmakers said a major obstacle was the U.S. demand for immunity from prosecution in Iraqi courts for all American personnel, including both troops and civilian contractors.
Al-Asadi said the latest U.S. proposals limited immunity to American military personnel but that was not enough.
"What happens to our dignity? What happens to our sovereignty? We want immunity to be lifted," she said.
She also said the Americans had softened their demand for control of a considerable part of Iraq's airspace but that the Iraqis insisted on full control.
"If the U.S. controls the air, the ground and the sea, this means no sovereignty," she said.
Al-Asadi refused to release further details or talk about how many bases the United States wanted access to under the agreement. She said the Americans were now avoiding talk of numbers of bases but were asking for an "American presence" until Iraqi security forces were deemed ready to take over from U.S.-led forces.
She said the agreement included no timetable for drawing down American forces and "this is a scandal."
Meanwhile, al-Maliki met Thursday with Jordan's King Abdullah II during a one-day visit to Amman. The two leaders discussed resuming oil exports to Jordan and ways to prevent Islamic militants from joining the insurgency in Iraq.
Sunni Muslim Jordan has been critical of al-Maliki's Shiite-dominated government, which Arabs accuse of leaning toward Iran. Jordan believes that hard-line Tehran leaders want to spread Shiite influence across the largely Sunni Arab world. Al-Maliki visited Iran last weekend.
The arrival of Iraqi reinforcements in the southern city of Amarah came after many militia chiefs fled there and to Iran to escape a security crackdown this past March in Basra, 100 miles to the south, according to U.S. and Iraqi commanders.
Quick reaction force troops from the Iraqi army's U.S.-trained 1st Division that had been sent to Basra arrived Thursday in Amarah, said Marine Lt. Col. Chris Charleville, deputy team leader with the unit's military transition team. He said they were awaiting orders from the Ministry of Defense.
A local security official in Amarah said new checkpoints also have been built on the roads south to Basra, north to Baghdad and east to a border crossing with Iran in preparation for an offensive. Amarah and surrounding Maysan province are believed to be the center of weapons smuggling from Iran to Shiite extremists in Iraq.
The security official, who spoke on condition of anonymity because he wasn't authorized to release the information, said only lower-level militiamen were left in Amarah.
___
Associated Press writers Sameer N. Yacoub and Kim Gamel in Baghdad and Jamal Halaby in Amman contributed to this report.
http://news.yahoo.com/s/ap/20080612/ap_on_re_mi_ea/iraq
dcjr4107, I clicked on the link and it brought me to the iraqi discussion board, did you copy and paste to another source, if so can you pm it to me, TIA.
Johnny Rico, I beg to differ with you, although it not exactly the same as a stock play its still about making money on the same notes.
And no, you are wrong, this is not like a stock at all. You can't pump a currency like you can a stock. All you can do with a currency is sell it (exchange it). That doesn't make the value of it change at all (in the big picture). So you are wrong about it being like a stock. Maybe you should 'OPEN YOUR EYES'
I believe you can pump a currency, when pumped it sells, when someone gets tired of holding it they sell it for a loss (this profits and benefits the dealer as the buyer after all how many actual sells have you seen on this board? none people talk about it but I've never seen an agreed upon sell or buy) then that same dealer sells it again for a profit. To them its an endless circle, business as usual. Can you believe this is happening?
Theres no doubt racica does great DD, I appreciate all he has posted as I am my own man responsible all my buys and sells but as the old saying goes, take what you want and leave the rest which I do.
No doubt we must consider the down side but Aero's posts are generally on how to fail in this investmet.
With 27 trillion dinars out there, don't you think they (Iraqi & American politicians) are setting us up to fail? This alone is a major red flag IMO.
Personally I would rather hear 100% of the bad & 100% of the good, JMO. Good luck all.
coolnwo, Thanks man, good luck.
Anyone use choicetrade? Can we trade all penny stocks, I emailed them and they said yes, but so did scottrade, lol, seems they will tell you anything to get you to signup. Just want to know if we can trade all pennies buy & sell?
I still have quite a few. Would love to give a lot of money for charity one of these with some of my profits.
Personally IMO, it would be best to start your own charity organization and and devote the majority of the charitable donation directly to the cause of choice, les operating cost of course,lol.. as with most charities the COE gets it. so sad. Good luck.
Stockings, I believe that if they are going to a new currency, the 1 Dinar notes up to the 20-25 dinar notes would be the new notes after the currency change, so essentially the 1 Dinar to 20-25 dinar notes would be ideal to acquire. so if they are out there then I want them, NOW, lol... JMHO...incidentally in my first message to you I was just trying to point out that the "rumor" of the new 1 Dinar note has allready been out for a month, thats all man. Thanks GLTY...
I can buy it but for what?
Can you? would you care to elaberate on that? Where can one buy it? I'll buy some. I don't have any of those yet,lol...
oh is this the one?
http://investorshub.advfn.com/boards/read_msg.asp?message_id=28625369
If they have the 1 Dinar note out then of course they would have the 5,10, 20 or 25 dinar note out also. but no mention of that from anyone. They have the 25 dinar coin, but rumor had it that the NEW 25 Dinar note was paper currency, This first rumor was posted around the 15th 16th of April,
Good Luck Stockings
It did it was proved to be a B.S. lie.
Cableguy, mind you now be careful not to be scammed by unscrupulous prices. Many are making a whole lot of money on circ>>(u)<<lated Dinars at the expense of the ignorance floating around.
Don't you worry about me being scammed by anyone son, I have that well under control, but since you brought the subject up would you be one of those unscrupulous scammers?
mind you now be careful not to be scammed by unscrupulous prices
Incidentally how could a price for anything as you call it be unscrupulous? The last I learned only a person with a mind of their own, that could think for their selves could be unscrupulous, So just what is your Ebay alias??
Couple that with CBI buy back and retiring as much Dinars as possible.
How many times have you been asked to provide a link to support that claim, you know as well as I that they haven't retired a single dinar, If in fact they have then show us the link from the CBI.
So please no personal attacks as well here on this board ok?
Why would you be worried about personal attacks? do you have something to hide? come on now you can tell me, son.
My DD shows that the availability of uncirculated Dinars are becoming tighter
Many are making a whole lot of money on circlated Dinars
Now first of all you need to make up your mind son(circulated or uncirculated) News flash if the Dinars aren't in the CBI any longer than technically the are circulated I don't care how they are advertised on Ebay.
Many believe the bashers here are to increase a turn over on Dinars which are becoming scarce.
I disagree again, They aren't scarce, ebay auctions prove that, I said the ebay auctions have been steady since I have been here, they haven't become scarce. read my post.
You've illustrated my point cableguy :O)
I haven't illustrated anything for you, it was for me and the newcomers.
Don't play mind games with me rasica.
I disagree rasica, Why would they want to inspire an increase in turnovers? there is already a major turn over on Ebay. Ebay has for the last 2 years that I know of has had 150 to 350 (but averages 200 to 300) auctions per day and more dealers being added weekly, every time I do a search for (New Iraqi Dinars)150 to 350 pop up, if there was a shortage this number would drop considerably, no Dinars in hand no auctions, its that simple, people selling on ebay are turning it over because I believe they are trying to make a profit on something that they don't believe will substancially increase in value. If they thought it would increase they would hold what they got. And Iraq has put a ban on currency leaving the country. all IMHO. but thats just me. Thanks cable