Wired News Article

[danpeg]

http://www.wired.com/news/business/0,1367,64565,00.html?tw=wn_tophead_4

Interesting she contacted other members and myself with many questions but chose not to quote us or mention our existence.

[BRYAN]

It's seems to me of all people she would quote is Bill B. , I saw his site monts ago and had the higest speculated rate for dinars resale ( 555 to 1 ) . and she has a reply to comment about this article at the bottom of the page . It seems like any other journalist , stating partial facts . She backs up her reports with articles from early Jan. 04 . If she thinks this isso risky of a venture , than why is there 3 links advertising for someone who sells dinars ????? The cheapest rate listed was 1250 for 1 million , Well I sent out my 1000.00 to Warka and will get 1460 x 1 = 1,3140,000 IQD on account !! :happy64: Sure it is risky and the article also repeats what we all have been saying ( don't invest more than you are willing to lose !!!) very important !!! Dan has created a leader in invesment for iraq forums ! All of us suppling information is what makes everything go smoothly, helping one onother - what ever happened to that ?? As for me I feel that we are doing everyone who searches for information concerning Iraq a great aid in finding solid and researched information to assit them in their quest .

[PennStateMtnMan]

Who is Warka?

[Jared]

Who is Warka?

Al-Warka is a bank. Check out the Banking forum, it explains how you can create an account with them.

Jared :wave:

[Blake]

http://www.wired.com/news/business/0,1367,64565,00.html?tw=wn_tophead_4

Interesting she contacted other members and myself with many questions but chose not to quote us or mention our existence.I gave a long ass interview to her too, and she doesn't include one word.


"Demand for dinars surged in the run up to the June 30 handover of power from the U.S.-led Coalition Provisional Authority to the Iraqi interim government, said Marshall Donnerbauer, owner of the website Investindinar.com.....Donnerbauer says his biggest customers are U.S. soldiers and employees of Kellogg Brown & Root, a subsidiary of the contracting firm Halliburton that has a large workforce in Iraq."
Why would U.S. soldiers and KBR employees stationed in Iraq be buying dinars from a website charging such an inflated rate??

[iraqidinar2005]

Suspected Broken Link:
http://www.wired.com/news/business/...tw=wn_tophead_4

I am not sure which link you were posting, however, a search on wired.com for "Dinar" listed two news articles, one was older and the following was the latest one posted 17 AUG 04.

http://www.wired.com/news/business/0,1367,64565,00.html

They may have changed the article location on the server.

[shaneO]

Most Soldiers and KBR employees dont have access to banks in Iraq to exchange currency. I was fortunate enough to have an interpreter that could be trusted with my cash and he would exchage at the bank in Balad at 1440 to 1. Not to shabby. Then I carried it home in my pack.