Ghaith or Amer... questions for you all?

[highrollr19]

I figured I would start a thread where we may post questions to the two most noted sellers on our forum, and see their perpspective on things. Since they deal with this currency on a daily basis, and are living in the Middle East, I figure their insight is probably the most educated of guesses at the time being.

1) When do you expect the dinar to open publicly?

2) At what price?

Those seem to be the big questions that this entire board is attempting to answer. Also, a note to the sellers... please just give us your honest opinions. Seeing as I have already invested in many shipments, in no way what you say will sway my decision to be invested. I don't want a biast answer, just your thoughts! Thanks! You guys are both awesome!

[antiquesghaith]

Two simple answers on My Part:-
*The Dinar will open Publicly By the end Of January Maximum.
* Price will be $1500-2000 per million and gradually increasing:-
*the dinar will be %100 official by January
* A New official government chosen by the iraqis and united under it.
* Flourishing economies and heaps and loads of contracts to be won by USA and European Companies .... Investment will be to its maximum range.
* You will buy Iraqi dinar from Any Exchange office or USA bank ( new ascending rates of course )
* USA will reduce most of its troops ( knowing that there is an official government and united country )

[Jen39503]

[QUOTE=antiquesghaith]Two simple answers on My Part:-
*The Dinar will open Publicly By the end Of January Maximum.
* Price will be $1500-2000 per million and gradually increasing:-
*the dinar will be %100 official by January
* A New official government chosen by the iraqis and united under it.
* Flourishing economies and heaps and loads of contracts to be won by USA and European Companies .... Investment will be to its maximum range.
* You will buy Iraqi dinar from Any Exchange office or USA bank ( new ascending rates of course )
* USA will reduce most of its troops ( knowing that there is an official government and united country )[/QUOT

Hi, Just to make sure i understand. Are you saying that it will be public no later than Jan?
I was talking to some friends today about the future of our military in the middle east. We were wondering if there will eventually be bases and such, for permanent duty.

[antiquesghaith]

Yes no later than the end of January for sure

[Dinar4Dollah]

There are already enduring bases here that will likely be here for a long time to come

[Aloha Traders]

Antiquesghaith.... I 100% agree with your speculation. It seems MOST logical.... I wish the elections were in Sept 2004... though :drunk:

[Aloha Traders]

Just a thought, How about new Iraq COINS and in the future - small denominations of Dinars... like 1, 5, 10, 20 and so on..? As the global value of NID goes up, i would assume they PRINT MORE denominations...no?

[antiquesghaith]

Yes they have to.

[highrollr19]

Ghaith-
Did you see one of my other posts about the fils? I was curious if you have any? I know they are virtually worthless, but I wouldn't mind a few just for fun! Maybe I will get you to include a few in my next order

[IraqiFreedom]

* A New official government chosen by the iraqis and united under it.
* USA will reduce most of its troops ( knowing that there is an official government and united country )

antiquesghaith, I think that you are in Jordan? Are you hearing good news about the people of Iraq coming together, despite the current violence, that makes you confident that this will occur by January? Success by January would be an historically unprecedented achievement for such a conflict.

I hope that you are correct both for my selfish Dinar investment as well as for the sake of the many innocent Iraqis who suffer in the crossfire from all parties involved in the conflict.

[ScotFree]

Ho, Ghaith. Show me the money.

Congrats on the E-Bay nomination you seem to be the underdog and are definately my preferance for buying dinars but you've gotta be a bit more specific here.

Major number 1 priority huge thing : No way are you going to know what the currency is likely to begin trading at, but please explain how you are so confident that Dinar is going to be internationally valid in Jan 05 leaving aside explanations that 'it's obvious cos of the elections' and also bearing in mind that you are sellling this vehicle (Not ford mustang but you know what i mean).

By the way, Where is Amer on this speculation conversation ???

[ScotFree]

Tony,

Are you saying that a currency trader is not willing to post his public opinion on what the value of that currency is or will be ?

What's behind the green curtain ?

[minigirl]

Why should Amer do so? In fact, I'd say Amer, et al, should NOT SPECULATE publicly. Being a seller, he could open himself up to alot of grief.

I purchased my first mil from a guy in the states on ebay. I had asked him a few questions about which denomination would be better to buy, if any, and what the speculators are saying... he wouldn't answer a single question in that vein and I totally understood why. All he needs is for some crackpot to try to sue him for their losses if a denomination was phased out or if the price didn't hit what he "claimed".

Just my opinion but we're a litigious country - so don't do it Amer. LOL ;)

[Amer]

Thanks minigirl. Everyone is on vacation right now, and I am here all alone doing everything... I sleep at 7am for God sake! :lmao:

Just noticed this thread. It's simply the same as I've been answering a long time ago:

1) When do you expect the dinar to open publicly?
I do not know, and I think no one knows. Everyone "expects" and I must stand with them. As I have been hearing, bits and pieces from everywhere, it's supposed to be around the end of the year. Nothing confirmed

2) At what price?
I like to be realistic, I do not expect it to open at double or triple its price. I "expect" the day it becomes exchangeable worldwide will give the dinars a push and immediately after that its value will start to increase slowly (or rapidly compared to now).
Why do I say that? Take it from a more realistic perspective. You are an Iraqi and highly paid let's say. You get 1/2 million dinars at the end of each month. It's now of value ($350.00 US). Would it be realistic for you to wake up on 1/1/2005 (for example) with $1000 instead of $350.00? Would it be realistic for 25 million Iraqi’s to wake up with triple what they had?
In my opinion it's a NO.

Again, this is simply my expectation and opinion from hearing all these rumours that float around.

Thank you,
Amer Kawar





Why should Amer do so? In fact, I'd say Amer, et al, should NOT SPECULATE publicly. Being a seller, he could open himself up to alot of grief.

I purchased my first mil from a guy in the states on ebay. I had asked him a few questions about which denomination would be better to buy, if any, and what the speculators are saying... he wouldn't answer a single question in that vein and I totally understood why. All he needs is for some crackpot to try to sue him for their losses if a denomination was phased out or if the price didn't hit what he "claimed".

Just my opinion but we're a litigious country - so don't do it Amer. LOL ;)

[antiquesghaith]

Ghaith-
Did you see one of my other posts about the fils? I was curious if you have any? I know they are virtually worthless, but I wouldn't mind a few just for fun! Maybe I will get you to include a few in my next order
I din't have any fils... But I have some large silver Iraqi dinar coins from King Ghazi era of the 50s. I also have some rare Iraqi stamps...

[antiquesghaith]

i just dont think of amer of gaith has supermen who know all there just like us waiting has well but askin when and at how much ,its basically like playing darts in the dark.

You are right sir,
Buy being very close to Iraq and being in close contact with Iraqi merchants in and out of Iraq makes us know when Iraqi dinar is soaring high.

[PennStateMtnMan]

2) At what price?

You are an Iraqi and highly paid let's say. You get 1/2 million dinars at the end of each month. It's now of value ($350.00 US). Would it be realistic for you to wake up on 1/1/2005 (for example) with $1000 instead of $350.00? Would it be realistic for 25 million Iraqi’s to wake up with triple what they had?
In my opinion it's a NO.

Again, this is simply my expectation and opinion from hearing all these rumours that float around.

Thank you,
Amer Kawar

1/2 million dinars will be worth 1/2 million dinars in the future. You will never be able to take 1/2 million dinars to the bank and exchange it for 1 million dinars. Just like the dollar, when it fluctuates, if I take my dollar to the bank, they are either going to give me a dollar back or give me 4 quarters, or 10 dmes, or 20 nickles or 100 pennies. I will never be able to negotiate my dollar for more than a dollar. If Iraq is accepting the dinar, from what I have read, then the U.S. Dollar is being used less and less. Why would an Iraqi citizen want to exchange their dinars for the U.S. Dollar when the Dinar is the (I assume) official currency of the country. I can not take the british pound or the Mexican peso to the local McDonalds to purchase a Big Mac.

Please, and I know I am asking for it, but please BLAST me if I am off my rocker on this.

As far as lawsuits, I am sure I will hurry and fly to Jordan to file a law suit against Amer or Gaith for their honest OPINION!

[CramptonMotorsports]

Everywhere in Baja California, Mexico they take Pesos AND Dollars. You used to be able to haggle more with the dollar, but now most merchants have the exchange down or use calculators.

[AnthonyH]

There are many countries that will use the dollar instead of their currencies. The comment above is correct that most use calculators today to get the correct currency. All over Europe (except UK) you can use the dollars even at McDonalds. They will usually give you the change back in their currency or if they give it to you in dollars will give you close to the correct change minus their service charge to change it back.

[AnthonyH]

1/2 million dinars will be worth 1/2 million dinars in the future. You will never be able to take 1/2 million dinars to the bank and exchange it for 1 million dinars. Just like the dollar, when it fluctuates, if I take my dollar to the bank, they are either going to give me a dollar back or give me 4 quarters, or 10 dmes, or 20 nickles or 100 pennies. I will never be able to negotiate my dollar for more than a dollar. If Iraq is accepting the dinar, from what I have read, then the U.S. Dollar is being used less and less. Why would an Iraqi citizen want to exchange their dinars for the U.S. Dollar when the Dinar is the (I assume) official currency of the country. I can not take the british pound or the Mexican peso to the local McDonalds to purchase a Big Mac.

Please, and I know I am asking for it, but please BLAST me if I am off my rocker on this.

As far as lawsuits, I am sure I will hurry and fly to Jordan to file a law suit against Amer or Gaith for their honest OPINION!
There are many countries that will use the dollar instead of their currencies. The comment above is correct that most use calculators today to get the correct currency. All over Europe (except UK) you can use the dollars even at McDonalds. They will usually give you the change back in their currency or if they give it to you in dollars will give you close to the correct change minus their service charge to change it back.

[Amer]

Hi,

Who said Dinar for Dinar? I said Dinar to US Dollar.
If what you are saying is true, then the whole currency investment in Euro or Dinar... etc is worthless, and I do not know how I made some good profits investing in the Euro’s sometime ago.

In Iraq both the Dinars and US Dollars are useful. You can buy anything using Dinars or US Dollars. Both are used.

My point again is, if you can buy one car today using - let's say - 5 million dinars, and it triples tomorrow, you can go to a bank exchange them to US $ and buy 3 cars instead! Does that make sense to you?

My opinion as honest as possible. I am not trying to start rumours like many other sellers do in order to get people to buy more. I am simply saying that everyone must try to think what's more realistic.

Hope that was helpful.

Thanks,
Amer



1/2 million dinars will be worth 1/2 million dinars in the future. You will never be able to take 1/2 million dinars to the bank and exchange it for 1 million dinars. Just like the dollar, when it fluctuates, if I take my dollar to the bank, they are either going to give me a dollar back or give me 4 quarters, or 10 dmes, or 20 nickles or 100 pennies. I will never be able to negotiate my dollar for more than a dollar. If Iraq is accepting the dinar, from what I have read, then the U.S. Dollar is being used less and less. Why would an Iraqi citizen want to exchange their dinars for the U.S. Dollar when the Dinar is the (I assume) official currency of the country. I can not take the british pound or the Mexican peso to the local McDonalds to purchase a Big Mac.

Please, and I know I am asking for it, but please BLAST me if I am off my rocker on this.

As far as lawsuits, I am sure I will hurry and fly to Jordan to file a law suit against Amer or Gaith for their honest OPINION!

[Jared]

It's now of value ($350.00 US). Would it be realistic for you to wake up on 1/1/2005 (for example) with $1000 instead of $350.00? Would it be realistic for 25 million Iraqi’s to wake up with triple what they had?
In my opinion it's a NO.

Thank you,
Amer Kawar

Theres a flip side to that coin. Would it be any less realistic to the Iraqi's before the invasion that had $1 million and woke up the next day with $640 dollars?

The one statistic that has not been shown to the world is the net worth lost by the Iraqi people when the dinar went from .31 to .00007. How many millions or billions did the people lose? For those chomping at the bit to become a millionaire when it opens, think of what these people lost for a minute.

The government will have to bring the dinar out strong or they will lose face. I'd rather have 25 million dancing in the streets than 25 million in open revolt. JMHO.

Jared :wave:

[Jen39503]

Great point Jared!

[Jared]

Great point Jared!

Thanks Jen! Many people forget that there was a great deal of weath that just went *POOF*. Getting them close to where they were at is the least they could do, again JMO.

Jared :wave:

[Jen39503]

Jared,
True there was a great deal of wealth, but it wasnt wide-spread, was it? Seems i remember reading somewhere that the only well off people were Saddam, his family, his loyalists and bath party members.
The people in the southern regions were, and still are extremely poor, living in dirt huts with little or no food.
As much as i would like to believe that the dinar will have a strong start, i wonder how that will affect the population as a whole. The rich would get richer, and the poor? well i'm afraid they will stay poor. All of that has to be taken in to consideration.
Jen

[IraqiFreedom]

It's likely that the cost of goods will increase in Iraq which means that the dinar will need to increase in order for Iraqis to be able to import goods. How many Iraqis can buy a new car today?

[Amer]

Good point!

When it went from .31 to .00007 there was a war. People were busy staying alive rather than count their money. No one said it's reasonable or fair for people to go from having everything to nothing, but war does anything. At this moment I do not see any strong reason like war to put it back up that fast, but would sure LOVE to see it get back to 0.31 in a day and a night. :D


Amer :wave:



Theres a flip side to that coin. Would it be any less realistic to the Iraqi's before the invasion that had $1 million and woke up the next day with $640 dollars?

The one statistic that has not been shown to the world is the net worth lost by the Iraqi people when the dinar went from .31 to .00007. How many millions or billions did the people lose? For those chomping at the bit to become a millionaire when it opens, think of what these people lost for a minute.

The government will have to bring the dinar out strong or they will lose face. I'd rather have 25 million dancing in the streets than 25 million in open revolt. JMHO.

Jared :wave:

[Jared]

I hear ya Amer! :) If it opens at .31 I'm coming to visit!! :D

Jared :wave:

[KennyinOC]

Count me in Jared in visiting Amer when the dinar reaches .31! :happy64:
That would be a sign to me that Iraqi's economy is booming and my bank account is swelling. The service I have received from Amer was great. I like the fact he comes on the forum and talks to us. Even when he goes on a vacation he gives us his cell number. If I was back in my 20's and drunk, I would be crank calling him all night. :drunk:

All in all, if the future holds true for all of us I want to shank hands with the man that allowed me to be a millionaire. I already am but does dinars really count? :confused:

[Dinars2Dollars]

Good point!

When it went from .31 to .00007 there was a war. People were busy staying alive rather than count their money. No one said it's reasonable or fair for people to go from having everything to nothing, but war does anything. At this moment I do not see any strong reason like war to put it back up that fast, but would sure LOVE to see it get back to 0.31 in a day and a night.


Amer

I keep hearing .31 as the value of the dinar prior to the war and now .0007. I thought .31 was the dollar value to the dinar and not the other way around. Was it not worth $3.22 and now at .0007?

then...
1 USD = .31 dinar, or 1 dinar = 3.22 USD

now...
1 USD = 1460 dinars, or 1 dinar = .0007 USD.

Am I wrong? Was it ever at 1 dinar = .31 USD ????

Its hard to keep track of these conversion values. Any help on previous valuations with links would be appreciated.

[highrollr19]

You are right on both!! Back in the early 90's the dinar was worth over 3$.

Recently, prior to the US invasion, the dinar was worth .31$

So most on here expect it to eventually return to being worth 31 cents.

The 3$ mark is probably a pipe dream

[anaz]

Hi! I'm going to order from Amer or Ghaith this Friday (payday!), and I want to know if deliveries by DHL/FedEx are left at the door? I work and would probably freak out if someone took my stuff! I've seen several people say they got their dinar and I was wondering about it?
Thanks for any info on this!
Ana

[RET]

Hi! I'm going to order from Amer or Ghaith this Friday (payday!), and I want to know if deliveries by DHL/FedEx are left at the door? I work and would probably freak out if someone took my stuff! I've seen several people say they got their dinar and I was wondering about it?
Thanks for any info on this!
Ana

I've had to sign for every package. I did have one that my neighbor signed for . . . wonder what went through her mind. :p

[ubid1]

Hi! I'm going to order from Amer or Ghaith this Friday (payday!), and I want to know if deliveries by DHL/FedEx are left at the door? I work and would probably freak out if someone took my stuff! I've seen several people say they got their dinar and I was wondering about it?
Thanks for any info on this!
Ana

What I did to solve this problem is soon as I got the tracking number from my seller I called DHL and had them hold it at the main office in town instead of delivering it to the house, then I just drove to the DHL office during lunch and picked it up :). hope this helps !

[cpp52]

Hi! I'm going to order from Amer or Ghaith this Friday (payday!), and I want to know if deliveries by DHL/FedEx are left at the door? I work and would probably freak out if someone took my stuff! I've seen several people say they got their dinar and I was wondering about it?
Thanks for any info on this!
Ana


Amer's package arrived in 4 days. DHL left it at my door without me contacting them to do so. Great service from Amer and DHL!

[RET]

Amer's package arrived in 4 days. DHL left it at my door without me contacting them to do so. Great service from Amer and DHL!

Were you comfortable with them leaving the package? I'm assuming you weren't home.

[kelleyB]

Yeah they left mine in my mail box sticking out too. I thought about it, but decided... HEY I got it in my hot hands.. lets go play with it. :lmao: :happy64:

[RogerL]

My last two shipments went via TNT, but switched to DHL when it came into the US. Both DHL shipments were left at my door with no signature required.

My guess is whatever the shipper requests.

[dtalley54]

Hi! I'm going to order from Amer or Ghaith this Friday (payday!), and I want to know if deliveries by DHL/FedEx are left at the door? I work and would probably freak out if someone took my stuff! I've seen several people say they got their dinar and I was wondering about it?
Thanks for any info on this!
Ana



if you are expecting to be out at work all you have to do is leave a note on your door for the delivery service to leave it and they will with no problems- worked fine for me

[anaz]

Thank you everyone! I prefer to go pick it up myself. I really don't want it left at my door without my signature. This is the only speculation I've ever done, and I know I'd have a fit if my venture was taken by a passing pedestrian! :eek:

[anaz]

I really enjoy reading all the information provided on this board! I will start my purchases small, and hopefully be a dinar millionaire before the January elections! Thank you all for the web links and insights!
Ana

[Mo, Spanish Fort]

Two simple answers on My Part:-
*The Dinar will open Publicly By the end Of January Maximum.
* Price will be $1500-2000 per million and gradually increasing:-
*the dinar will be %100 official by January
* A New official government chosen by the iraqis and united under it.
* Flourishing economies and heaps and loads of contracts to be won by USA and European Companies .... Investment will be to its maximum range.
* You will buy Iraqi dinar from Any Exchange office or USA bank ( new ascending rates of course )
* USA will reduce most of its troops ( knowing that there is an official government and united country )


I was looking back thru some old posts from several months ago and came across this prediction. I'm still buying as I'm no where near my goal so I must admit I'm happy it was wrong.
But......what say you now?

[Dinardreams]

Two simple answers on My Part:-
*The Dinar will open Publicly By the end Of January Maximum.
* Price will be $1500-2000 per million and gradually increasing:-
*the dinar will be %100 official by January
* A New official government chosen by the iraqis and united under it.
* Flourishing economies and heaps and loads of contracts to be won by USA and European Companies .... Investment will be to its maximum range.
* You will buy Iraqi dinar from Any Exchange office or USA bank ( new ascending rates of course )
* USA will reduce most of its troops ( knowing that there is an official government and united country )
Isn`t the Dinar already being sold at $1460.00 at the Central Bank? Why would it open at $1500.00 per USD...What the hell have we been doing buying Dinars...According to Antiques..we should have waited till Jan of next year to start buying....
PLEASE...GIVE ME A BREAK ... GIVE US AN HONEST OPINION AND NOT A DUMB ONE......

[Dinardreams]

Isn`t the Dinar already being sold at $1460.00 at the Central Bank? Why would it open at $1500.00 per USD...What the hell have we been doing buying Dinars...According to Antiques..we should have waited till Jan of next year to start buying....
PLEASE...GIVE ME A BREAK ... GIVE US AN HONEST OPINION AND NOT A DUMB ONE......
I just looked at the date on that post...I should have gonne to the last page....But part of what I said is true though...$1500.00-2000.00 opening by Jan...It has come and gone and that was a wild guess just like many others...

[bigdinar]

This investment makes me wonder sometimes. Everyone talks of previous rates but in reality those were just rates on paper, the actual exchange rate was as low as 3000 dinar per dollar on the streets just a couple of years ago. I think all the hype of the rate once being .31 was just a good sales pitch from the dealers. I think the dealers could be correct in the dinar opening at current rates. It does not make sense that an iraqi who just recieved his 1 million iqd paycheck for the month would suddenly be have 300,000$ the next day when the dinar opens at .31.

[tazish]

Dinardreams. I think you have misread what he is saying. Right now a million IQD is only worth around $685.00(1,000,000 divided by 1460)(it's 1460 dinars that equal $1.00). Ghaith is saying that the opening will result in one million dinars being worth about 3 times more so that a million dinars will get you $1,500-$2,000 rather than $685.00.

[stayfrosty5]

This investment makes me wonder sometimes. Everyone talks of previous rates but in reality those were just rates on paper, the actual exchange rate was as low as 3000 dinar per dollar on the streets just a couple of years ago. I think all the hype of the rate once being .31 was just a good sales pitch from the dealers. I think the dealers could be correct in the dinar opening at current rates. It does not make sense that an iraqi who just recieved his 1 million iqd paycheck for the month would suddenly be have 300,000$ the next day when the dinar opens at .31.

You are correct. The problem is, they don't get 1 million dinars per paycheck. Some get like 50,000 dinars. Now, if it opened at .31, it would be down to $15,500 a month. Even then, the cost of living would rise and the market would adjust accordingly. I think .10 is a more realistic dream for the near future. :happy64: Even at .1, having 5.8 million dinars will change my life and the lives of everyone I love forever. I'll never have to worry about money ever again. I can't wait!!

frosty