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View Full Version : Dinar Questions? RV and World Market


Riceboi
08-10-2006, 11:49 PM
Hello All

I'm new here, and I like the site. After a good deal of research I'm soon going to be investing in a little over 1 million Iraqi Dinar.

My question is whenever the RV happens does the Dinar automatically get into the world market? Or are they two seperate events that have to happen in order for us to cash out? So if a high RV happens (crosses fingers), we would still be SOL if the Dinar isn't in the world market therefore no cashing out.

I hope I am making sense with my concerns.

Thanks
lglwzrd
08-11-2006, 12:41 AM
internal rev-dont cash out
world market rev-champagne wishes and cavier dreams
Riceboi
08-11-2006, 01:08 AM
internal rev-dont cash out
world market rev-champagne wishes and cavier dreams

Is it a 50/50 chance? Or does the internal Rev have to happen first, and then a world market rev?

Thanks
Skillet
08-11-2006, 06:43 AM
The fact is in my opinion, is when the day comes that you see these dealers not available to sell dinar is when you know it's getting close to that time.
Adster
08-11-2006, 06:44 AM
I believe we're very close to a r/v so if you're going to buy some do it SOON IMO. :D
lglwzrd
08-11-2006, 06:45 AM
nobody knows for sure.
Adster
08-11-2006, 06:48 AM
nobody knows for sure.

Granted but with all the recent info, it's looking pretty good and better than at any other time thus far. :D :D :D
Maximus
08-11-2006, 06:51 AM
Iraq has never had a fully convertable currency and most likely will only be an internal in country exchange only even after the rv.

They don't have the banking infrastructure set up to even think about an rv this year. The security is priority for now.
peakoil
08-11-2006, 07:17 AM
Hello All

I'm new here, and I like the site. After a good deal of research I'm soon going to be investing in a little over 1 million Iraqi Dinar.

My question is whenever the RV happens does the Dinar automatically get into the world market? Or are they two seperate events that have to happen in order for us to cash out? So if a high RV happens (crosses fingers), we would still be SOL if the Dinar isn't in the world market therefore no cashing out.

I hope I am making sense with my concerns.

Thanks

Internal RV can happen as it already has before being a tradable world recongnized currency. Many like me feel the rv will be soon since the FIL has been ready for parliment review. We are all on the edge of our seat because we believe that these laws are necessary B4 a peg can occur.
However, this is now happening so hang in there it will be soon enough.
Peak