Keep an eye on Iran

[icarusII]

This information is very early. I am not recommending this at all. Just put it on the radar screen. Their currency is has dropped about 10% since I started tracking it 8 months ago. Roughly 9000 to 1 USD.
This country has HUGE problems........but with all the attention and agreements with Iraq, Iran stands to gain plenty.

"Since the global trading body, with 148 member-states, votes by consensus, the United States alone was able to block Iran’s membership more than 20 times over a period of nine years.
The decision to open membership talks does not mean Iran will easily gain WTO entry; membership might take years and requires a broad range of economic and political reforms."

Sounds to me like the US made a deal. Maybe drop your nuclear program and we'll let you in?

http://www.iran-daily.com/1384/2332/html/focus.htm#s78345

Icarus

[diegodog]

Hey man you have any hook ups to get some Iranian currency?

Sounds decent to me.

[BrerRabbit]

Hey man you have any hook ups to get some Iranian currency?

Sounds decent to me.

http://www.kcshop.com/foreigncurrency/IranianCurrency.htm

[icarusII]

Hey man you have any hook ups to get some Iranian currency?

Sounds decent to me.

Watch it for 3 more months.........its going to drop much more. :o

Icarus

[thmgroup]

Watch it for 3 more months.........its going to drop much more. :o

Icarus

Am I witnessing the birth of IIF's sister site..."Investor's IRAN Forum"? :)

[icarusII]

Am I witnessing the birth of IIF's sister site..."Investor's IRAN Forum"? :)

When the Dinar opens at .41 this week.......I am out of the currency spec game.

JUST KIDDING


Icarus

[lordrazor1]

When the Dinar opens at .41 this week.......I am out of the currency spec game.

JUST KIDDING


Icarus

I don't know about that, maybe we need to talk about Iran money....

[thmgroup]

I don't know about that, maybe we need to talk about Iran money....

Where do I sign up? :happy26:

[icarusII]

Where do I sign up? :happy26:

Maybe Danpeg would start one for you.........
I am going to rich from Iraqi Dinar!!! Have fun with the Iranian Rial.
Remember all the BS from the dinar now. Lopping off zeros, transitional currency, internal trading only, etc. Good luck

Icarus

[thmgroup]

I am going to rich from Iraqi Dinar!!!
Icarus

Just looking for the next opportunity after this hits! :)

[icarusII]

Just looking for the next opportunity after this hits! :)

I think I would look at the ISX "Iraqi version of the Home Depot" for the next few years.....I predict a major move there. LOL


J/K

Icarus

[thmgroup]

I think I would look at the ISX "Iraqi version of the Home Depot" for the next few years.....I predict a major move there. LOL


J/K

Icarus

I agree. Bet there will be quite a few home improvement projects in that country! Are the Iraqi people do-it-yourselfers? :D

[Beach]

Yep, reconstruction in Iraq is projected at $300 billion over the next 20 years....that's an average of $15 billion/year. At 2 million barrels per day, times 365 days/year * $50/barrel = $36.5 billion/year oil industry. The construction industry is projected to be 41% (on average) of the oil industry.

That just might help the economy. :)

I think I would look at the ISX "Iraqi version of the Home Depot" for the next few years.....I predict a major move there. LOL


J/K

Icarus

[Lord Dinar]

I think we should open another blog for IRAN.


I'm in...



:huge:

[icarusII]

I think we should open another blog for IRAN.


I'm in...



:huge:
I actually bought some here in Kuwait. The money changer looked at my like I was crazy. He called "Khomeini" Money and asked if I was going to party in Tehran. I told him I was going to fly up for the party......there is something strangely erotic about a woman that I can't see for the veil. LOL
God I miss my wife! Precious dear.....If you are looking in tonight.....you know I was just kidding. Don't cha? LOL

Icarus

[Tinydancer]

....I already got some, (a few)....awhile ago..but I would be interested too..

..I followed around a currency person, they did not know I did....they were buying Iraq Dinar, Iran...VietNam Dong...too...? I had no clue what I was doing, I bought what they did... :p

[Tinydancer]

....and just so I can say it...I would like to see the Antnapolistan Dinar become an outside viable Dinar....because. The place is a cute little place and no one will let them do it.

[Trained Monkey]

I heard on the radio a few weeks ago that President Bush was signing legislation which allowed the seizure of assets of those dealing with the rogue nations of North Korea, Iran, and a few others. Note: This does not include Iraq because he signed a bill expressly permiting Americans to hold Iraqi currency.

[Tinydancer]

I heard on the radio a few weeks ago that President Bush was signing legislation which allowed the seizure of assets of those dealing with the rogue nations of North Korea, Iran, and a few others. Note: This does not include Iraq because he signed a bill expressly permiting Americans to hold Iraqi currency.



good to know....I am sure there are 'outstanding reasons' for it too...