dinar to start at .05 cents

[nyuknyuk]

forget .31 cents.would cause hyperinflation and runs on cashing in and exchanges.
forget .01 cents.would not be enough politically to appease the iraqis.
.05 will be the starting line and where it goes from there will be dependent on stability in iraq.
.05 would help please the iraqis with their purchasing power and make foreign investors interested without causing inflation or buying or selling runs.

[dannyboy]

Wouldn't anything equal to a cent or greater attract investors, and still cause crazy cash exchanges?

1 cent sounds like its not much, but I bought my dinar for less than .006 cents each. if each one was worth one cent thats a hell of a lot of money.

[CramptonMotorsports]

it's pretty tough to take any information from anyone with 1 and only 1 post seiously, and with no hard backup.

especially from a nyuknyuk...

enough said

[minigirl]

it's pretty tough to take any information from anyone with 1 and only 1 post seiously, and with no hard backup.

especially from a nyuknyuk...

enough said


lmao - you took the words out of my mouth about the nyuknyuk! :) But really, his stab at it is as good as anyone elses! So speculate at will. :p

[John]

I am a soldier that was in Iraq during OIF1. I worked closely with many Iraqis on reconstruction projects right after the war. I became friends with a few and remain in email contact with them today. I didn’t work with anyone in the banking industry, but a couple of the folks I did work with know folks in their regional bank. Since coming home a couple of months ago, news from within Iraq regarding the dinar is sketchy at best. So I emailed one of my Iraqi buddies over there and asked him to do some “asking around” for me within the regional bank….with the folks he knew. I figured some of the really “juicy” questions about the dinar would probably remain confidential, but he asked the questions anyway. I know this isn’t much information to go on, but I figured it was at least worth passing on to everyone. I read this forum quite a bit and everyone continues to say the same thing……..pass on whatever information you get from within Iraq. I’d love to be able to email the top-guy within the Iraqi Banking & Finance Ministry and ask him a bunch of questions. But we all know THAT won’t happen.

Below are the questions I asked my Iraqi buddy to go after:

1) Will the new dinar be replaced again by yet another
currency once an elected government takes power in January?

2) Will the larger denominations (10,000 dinar or 25,000
dinar) notes be retired and taken out of circulation when the
dinar's value increases? If this happens, will they still be
considered legal money (that can be converted back to US
dollars) after that time?

3) Does anyone there know for sure when the dinar will start
to be traded internationally by other banks that are outside of Iraq?

4) Does anyone there know what the dinars values will be
when it does begin to be traded internationally? What will the
dinar's value be based on (gold, US dollars, Euro's, etc...).

5) Are there any plans for the new dinar to be de-valued by
some degree by the Iraqi government?

6) What do the people you know (in the Iraqi banking system)
personally think will happen with the new dinar (it's future
or what ever)?


Here’s what he got from his buddies at the regional bank:

“dear John: I got these answers,
these notes will not change for at least 5 years ,the value for the notes with the dollar will improved when the troubles become less in Iraq. MOST OF YOUR QUESTIONS the bankers consider them as high level of financial policy. Only the VIP in Baghdad and in the US know about it. I will continue to ask and let u know if I will get more answers”



Take it for what it is guys. I just thought I’d pass it along.

[joec]

Thanks for the info, John. Nice to hear rumors that the notes won't change for a while...should put a few skeptical people's minds to rest on that topic for a day or two. Thanks again!

[highrollr19]

nah Joec... it will only stop those skeptics for a few hours... I wouldn't even say days the way this forum is working! :)

[vjwilson1]

John, can you invite your friends to the forum? They probably don't want bombed with questions, but maybe they can provide some information as they learn it first hand. They can also let us know what the pulse is with the fine citizens of Iraq.

[BRYAN]

Below are the questions I asked my Iraqi buddy to go after:

1) Will the new dinar be replaced again by yet another
currency once an elected government takes power in January?

2) Will the larger denominations (10,000 dinar or 25,000
dinar) notes be retired and taken out of circulation when the
dinar's value increases? If this happens, will they still be
considered legal money (that can be converted back to US
dollars) after that time?

3) Does anyone there know for sure when the dinar will start
to be traded internationally by other banks that are outside of Iraq?

4) Does anyone there know what the dinars values will be
when it does begin to be traded internationally? What will the
dinar's value be based on (gold, US dollars, Euro's, etc...).

5) Are there any plans for the new dinar to be de-valued by
some degree by the Iraqi government?

6) What do the people you know (in the Iraqi banking system)
personally think will happen with the new dinar (it's future
or what ever)?


Here’s what he got from his buddies at the regional bank:

“dear John: I got these answers,
these notes will not change for at least 5 years ,the value for the notes with the dollar will improved when the troubles become less in Iraq. MOST OF YOUR QUESTIONS the bankers consider them as high level of financial policy. Only the VIP in Baghdad and in the US know about it. I will continue to ask and let u know if I will get more answers”



Take it for what it is guys. I just thought I’d pass it along.

John I can see how questions 3-6 were not answerewd , what do you think the fallout would be !!!
That would take all the fun out of it !!!

[turbofastaz]

I am a soldier that was in Iraq during OIF1. I worked closely with many Iraqis on reconstruction projects right after the war. I became friends with a few and remain in email contact with them today. I didn’t work with anyone in the banking industry, but a couple of the folks I did work with know folks in their regional bank. Since coming home a couple of months ago, news from within Iraq regarding the dinar is sketchy at best. So I emailed one of my Iraqi buddies over there and asked him to do some “asking around” for me within the regional bank….with the folks he knew. I figured some of the really “juicy” questions about the dinar would probably remain confidential, but he asked the questions anyway. I know this isn’t much information to go on, but I figured it was at least worth passing on to everyone. I read this forum quite a bit and everyone continues to say the same thing……..pass on whatever information you get from within Iraq. I’d love to be able to email the top-guy within the Iraqi Banking & Finance Ministry and ask him a bunch of questions. But we all know THAT won’t happen.

Below are the questions I asked my Iraqi buddy to go after:

1) Will the new dinar be replaced again by yet another
currency once an elected government takes power in January?

2) Will the larger denominations (10,000 dinar or 25,000
dinar) notes be retired and taken out of circulation when the
dinar's value increases? If this happens, will they still be
considered legal money (that can be converted back to US
dollars) after that time?

3) Does anyone there know for sure when the dinar will start
to be traded internationally by other banks that are outside of Iraq?

4) Does anyone there know what the dinars values will be
when it does begin to be traded internationally? What will the
dinar's value be based on (gold, US dollars, Euro's, etc...).

5) Are there any plans for the new dinar to be de-valued by
some degree by the Iraqi government?

6) What do the people you know (in the Iraqi banking system)
personally think will happen with the new dinar (it's future
or what ever)?


Here’s what he got from his buddies at the regional bank:

“dear John: I got these answers,
these notes will not change for at least 5 years ,the value for the notes with the dollar will improved when the troubles become less in Iraq. MOST OF YOUR QUESTIONS the bankers consider them as high level of financial policy. Only the VIP in Baghdad and in the US know about it. I will continue to ask and let u know if I will get more answers”



Take it for what it is guys. I just thought I’d pass it along.




John great information you have here ,KUDO'S

[MJI Capital]

I salivate at the possibility of $.05. I mean damn...that would be a heck of a return!!

[Dinar Bull]

I coensider .05 per Dinar to be realistic long term goal. PERHAPS IN 3-5 YEARS i WILL SEE IT REALIZED.

[Jamel]

Wouldn't anything equal to a cent or greater attract investors, and still cause crazy cash exchanges?

1 cent sounds like its not much, but I bought my dinar for less than .006 cents each. if each one was worth one cent thats a hell of a lot of money.

Exactly Danny. If it hits a cent or a little more, then it will be more dinar out there than it is now. So many investors would jump on it and buy it all up. It will be people cashing in and buying like crazy. It it were to come out at a higher rate e.g .31. It will be people cashing in and some investors putting money into it also. To me it makes more sense for them to come out at a higher rate for them, and US!

[John]

John I can see how questions 3-6 were not answerewd , what do you think the fallout would be !!!
That would take all the fun out of it !!!


:)

Yea, I agree. That type of close-hold information is only held at the top echelons. But I figured it wouldn't hurt to ask....you never know unless you try. Kinda like in the military intelligence field --- sometimes some of the biggest INTEL tips fall unexpectedly right into your lap. That's how we wound-up popping Uday and Qsay in Mosul. And I was there to see it.

My Iraqi buddy was going to do the old "just between us Iraqis" bit with his bank buddies to see if they would divulge any more tid-bits. But I wasn't surprised at the response. I'm sure at that level they wouldn't know the answers to questions 3-6.

[John]

John, can you invite your friends to the forum? They probably don't want bombed with questions, but maybe they can provide some information as they learn it first hand. They can also let us know what the pulse is with the fine citizens of Iraq.

:huge:
My Iraqi buddy that I referenced in my post is a very meek & mild-manner dude. I think an internet forum like this would probably blow his mind. :huge: He's a wonderful guy and I think a lot of him. But he's like a lot of ordinary Iraqis......very "quiet" and subdued. I guess it comes from living under the conditions (and fear) that they've had to endure for so long. Freedom is taking hold in Iraq now (in some places more than others). But many of the ordinary, every-day Iraqis "on the street" are still getting accustomed to having it, and getting accustomed to exercising it.

IF my Iraqi buddy does find anything out, he will let me know. He's not a dinar dealer and he's a good friend of mine. If I hear anything from him I will certainly post it on this forum for everyone's benefit.

[the_hulk]

I salivate at the possibility of $.05. I mean damn...that would be a heck of a return!!
Let's just say .05 and I wouldn't need my part-time job for awhile!!

[jcsaves]

maybe it'll open at .05, we'd all be more than happy with that, but like was said, no hard facts in your post. Do you care to give a few more details?

[Iraqi Al Yahud]

The dinar will open at: $1=1460 dinar
:drunk:

[bryanhenry]

The dinar will open at: $1=1460 dinar
:drunk: If it opened at that It wouldnt help the people one bit

[Iraqi Al Yahud]

who said anything about helping the people? if the democratic controlled the presidency and or the congress i would agree, however, with republican controlled government there is no desire to help the people :lmao:

[IraqiFreedom]

who said anything about helping the people? if the democratic controlled the presidency and or the congress i would agree, however, with republican controlled government there is no desire to help the people :lmao:

:no: Iraqi Al Yahud , if you would open your eyes instead of adopting a position of hate against the incumbant party, you would see that GW is predicating his policy on improving conditions for the Iraqi people by creating a free and safe Iraqi nation that will result in the eruption of both small business within Iraq and international corporations entering Iraq to provide jobs. For example, GM has already developed plans to assemble vehicles in Iraq. This type of change is essential to support a strong dinar. Without it, we all can pretty much use our dinars as monopoly money.

I do agree with you in some regards. While intended to help people, if GW's policy of supporting traditionally Democratic big government programs continues, such as the recent Prescription Drug Benefit legislation, the US will eventually be in dire economic condition. People, such as Warren Buffet (a Democrat) agree with this economic prediction, which will likely negatively impact my retirement and many others. In fact, this is the main reason that I'm rolling the dinar dice.

[Iraqi Al Yahud]

Hey guy,
Over 40,000 Iraqi Christians left Iraq in one week of August alone. Iraq today is a much more dangerous place than under Saddam. Even with all the terrible things Oday Hussein committed, it is still short of the terrorists activities we see today in Iraq. Just try and open up a night club in Basra today. Or how about a liquor store in Baghdad. Yeah, you wont last one day. Today in Baghad we have fewer police than in New York city.

[Blake]

Would you guys mind taking the political discussion to the politics subforum of the board per the Forum Rules?

[Iraqi Al Yahud]

Who removed our political board?

[IraqiFreedom]

It is clear that Iraq is currently unstable. I never said that Iraq was Disneyland. You said that, "with republican controlled government there is no desire to help the people."

Whether you agree that the current policy is effective or not is a different issue. There are valid arguments for both sides. I'd love to see your suggestions for a better way to approach the situation in the politics section of the forum. However, demonizing the Republican party as not caring about the Iraqi people is a different issue, and is inconsistent with the current policy objectives.

[Blake]

Who removed our political board?
No, it's here but hidden to people until they explicitly show they want to see the forum. Go under "User CP", page down and click on "Group Memberships". Join the political discussion group and the subforum will then appear for you from now on.

[Iraqi Al Yahud]

My plan. Implement the Powell Doctrine. Use at least 2-3 million American soldiers in stabilizing Iraq. Every major city patrolled by on foot American troops. Secure every Iraqi pipeline using Iraqi security services. Back the dinar initially against the US dollar. Pay everyone in Iraq in dinars. Tell all ethnic groups in Iraq to accept the plan or die. If a town or city uprises such as Falluja, implement the Hama example, waste it.

[IraqiFreedom]

Would you guys mind taking the political discussion to the politics subforum of the board per the Forum Rules?

Blake I partially agree and made the same suggestion in my last post that crossed yours. But, the political section has disappeared.

However I think that the discussion of how conditions can be created to allow business to grow in Iraq is critical to this forum for anyone who looks at their dinar as a long term investment.

[Blake]

Blake I partially agree and made the same suggestion in my last post that crossed yours. But, the political section has disappeared.

However I think that the discussion of how conditions can be created to allow business to grow in Iraq is critical to this forum for anyone who looks at their dinar as a long term investment.

No, it's here but hidden to people until they explicitly show they want to see the forum. Go under "User CP", page down and click on "Group Memberships". Join the political discussion group and the subforum will then appear for you from now on.

I will just remind you that Dan has also stated that there will be severe repercussions to a person's posting privieleges for any political posts outside the political forum.

I would urge you to take note that you are new to the board, & just trust that there is a very good reason for this.

[IraqiFreedom]

My plan. Implement the Powell Doctrine. Use at least 2-3 million American soldiers in stabilizing Iraq. Every major city patrolled by on foot American troops. Secure every Iraqi pipeline using Iraqi security services. Back the dinar initially against the US dollar. Pay everyone in Iraq in dinars. Tell all ethnic groups in Iraq to accept the plan or die. If a town or city uprises such as Falluja, implement the Hama example, waste it.

Looks like we actually agree on your approach. Not sure if we have the resources to implement the 2-3 million troops, but overwhelming force may turn out be the answer. See you in the politics section in the future
:lmao:

[John]

who said anything about helping the people? if the democratic controlled the presidency and or the congress i would agree, however, with republican controlled government there is no desire to help the people :lmao:


YO!!!! If a democrat were in office then Saddam would still be in power today. And THAT would NOT be helping the Iraqi people!!!

I was in Iraq MYSELF during the war. And I remained in Iraq for a year afterwards, working closely with many Iraqis on recoonstruction projects. Some of what I saw there is unbelievable. I saw things that I will NEVER forget. The horrible stories the Iraqis all told me of Saddam, the horrible stories the Iraqis all told me of Uday, the scarred people that I saw personally, those poor little innocent kids, the everyday conditions that so many Iraqis live in......oh my God!!! That's stuff that will keep you awake at night.....and make you even more thankful that you live in America. All of the Iraqis that I worked with (some of whom I remain in email contact with today) are ALL VERY glad that we got rid of Saddam. Rebuilding Iraq now will take a lot of time, they know that. There's so much that needs to be done that it can't all happen over night. But at least the Iraqi people do have a much brighter future and opportunity now, and they know that too. Helping the Iraqi people succeed and prosper is EXACTLY what we're trying to do now. That's it....the bottom line.

Sorry for gettig on my "soapbox" here......and sorry for getting political. I didn't mean to, it's just that this stuck an emotional chord with me.

[Iraqi Al Yahud]

I am not saying Saddam was an angel. However, I have stated on numerous occassions that the US does NOT have the will to win this war. Winning this type of war means we must do things which the public will find offensive. Look at Falluja for example. GW went running his mouth how he was going to get this one and that one, then did nothing. If this happened anywhere else in the middle east the entire town would have been buldozed. Al Azzad of Syria had no problem bulldozing the town of Hama. This is why I say the Iraqi dinar will be a very long term investment.

[MJI Capital]

Let's just say .05 and I wouldn't need my part-time job for awhile!!


Yes!! Its called getting F@!$ YOU money! :D

[Psycho for Dinar]

You know, it actually isn't our war no more. Iraq has the right to either request more troops or kick us out completely. Let the Iraqi government take care of buisiness and we'll do the kick back up work on the side. It kind of sounds like he's taking the bull by the horns anyways!


http://www.boston.com/dailynews/244/world/Allawi_says_he_is_in_contact_w:.shtml

[John]

I am not saying Saddam was an angel. However, I have stated on numerous occassions that the US does NOT have the will to win this war. Winning this type of war means we must do things which the public will find offensive. Look at Falluja for example. GW went running his mouth how he was going to get this one and that one, then did nothing. If this happened anywhere else in the middle east the entire town would have been buldozed. Al Azzad of Syria had no problem bulldozing the town of Hama. This is why I say the Iraqi dinar will be a very long term investment.


We have the will to win this war. We just don't choose to fight it using medieval tactics....we follow the laws of warfare. And I believe we'll surprise you in the end at what will be accomplished.

I think the Iraqis will see the difference too. I think the Iraqi government will continue to strengthen and secure it's own country, I think the Iraqi people will continue to advance toward democracy, I think the Iraqi economy will grow, I think the conditions for ordinary Iraqis will improve, and I think terrorists will be driven out of Iraq by her own citizens. The dinar will go public, international investment in Iraq will grow, the dinar's value will eventually grow, and many of todays problems in Iraq will get much better. BUT IT WILL TAKE TIME AND PATIENCE. It won't all happen over night.

[Iraqi Al Yahud]

The first impression that most Iraqis have of the US today is one of weakness. We got rid of Saddam with relative ease, then put him in a plush "cell." Next we allow the entire country to be looted by common criminals as our troops gave them the thumbs up and smilled. We also allow private millitias to run free. Our troops cannot leave their barb wired compounds to mingle with common Iraqis. Alcohol is banned to all US troops believing that Iraq is a "Muslim" country, ignoring the fact that alcohol has been manufactured and sold in Babylon, Assyria, Chadea, and Iraq throughout all previous governments no matter who ruled. America, sad to say, is clueless in Iraq.

[BRYAN]

Who removed our political board?
There is a chat room open now to voice your opions also . Maybe try that .

[Iraqi Al Yahud]

Thanks again :lmao:

[BRYAN]

Thanks again :lmao:
The chat room is there to talk about anything you want to .. political or other wise .. You can ask the person that you have a dispute with to join you in a spirited conversation and talk to your hearts desire with out worring about going off topic . :huge:

[ISX_TIME]

The dinar will open at: $1=1460 dinar
:drunk:


Although, we are all optimistic about the dinar rising .05 or greater, We must concede that there could be a spark of truth to this prediction. We been all headed out west, (Or mid-east in this case of the Iraqi "Dinar/Gold" rush) and possibly in our stampede may have not seen that there may be an opening at less the .01

There is one question that been on my mind and I'm sure may have crossed other minds here as well.

With much talk about the opening on the Dinar this year for the past couple on months, then ....

Why are sellers still selling the Dinar to us ?? Isn't the potential value greater for the dealers to keep it (as they already have it), then sell them to us ?

Why make a couple of bucks profit from us when the Million Dollar Brass ring appears so close within their grasp as well ?

I would welcome a reply from Amer and Ghaith

Thank You

[Blake]

Why are sellers still selling the Dinar to us ?? Isn't the potential value greater for the dealers to keep it (as they already have it), then sell them to us ?

Why make a couple of bucks profit from us when the Million Dollar Brass ring appears so close within their grasp as well ?

I would welcome a reply from Amer and Ghaith

Thank YouI agree with the main idea of your post that people need to be realistic about the short-term results of this investment, but do you think Amer & Ghaith do not already have a huge personal stash of Iraqi dinars for themselves that they keep entirely separate from their business of selling dinars across the world?

They both have ready access to daily gov't auctions of Iraqi dinar, why not take advantage of the opportunity, after you have already stocked up on the dinar investment for yourself?? Why not sell the dinars going on sale every day at auction to the huge demand across the world with a little markup for yourself?? I know I would if I was in their position. God knows I wish I was in their position.

[bottlebush]

Although, we are all optimistic about the dinar rising .05 or greater, We must concede that there could be a spark of truth to this prediction. We been all headed out west, (Or mid-east in this case of the Iraqi "Dinar/Gold" rush) and possibly in our stampede may have not seen that there may be an opening at less the .01

There is one question that been on my mind and I'm sure may have crossed other minds here as well.

With much talk about the opening on the Dinar this year for the past couple on months, then ....

Why are sellers still selling the Dinar to us ?? Isn't the potential value greater for the dealers to keep it (as they already have it), then sell them to us ?

Why make a couple of bucks profit from us when the Million Dollar Brass ring appears so close within their grasp as well ?

I would welcome a reply from Amer and Ghaith

Thank You
;) Hmmmm Now there's something that has been on my mind for quite a while. I wonder????? Whats really goin on.

[Psycho for Dinar]

Maybe for the same reason I'm not quitting my job yet. Remember, this is all just rumor yet. They'll quit when they can go to the bank for a decent cash in.

[ISX_TIME]

I agree with the main idea of your post that people need to be realistic about the short-term results of this investment, but do you think Amer & Ghaith do not already have a huge personal stash of Iraqi dinars for themselves that they keep entirely separate from their business of selling dinars across the world?

They both have ready access to daily gov't auctions of Iraqi dinar, why not take advantage of the opportunity, after you have already stocked up on dinars for yourself, why not sell the dinars to the huge demand across the world. I know I would if I was in their position. God knows I wish I was in their position.

So you believe it's to help your fellow man ? I'm asking these questions from the psemistic side of my brain, and I'm sure they have aquired a tidy sum for themselves. By I can't swallow the humanitarian philosophy when it comes toselling money for less then waht it COULD be worth in maybe 30 to 60 days.
Thanks Again

[Jeffrey]

Does it REALLY make that much difference (stricktly from an investors/speculators view) what it "opens" at? Isn't the most important thing that is does open at... whatever? At that point market forces will drive the price to whatever its going to be. I think that it is from "other" speculators/investors, that the earlier investors will make their profits.

Is this correct? Someone that knows more than me about this (and that is just about everyone on here I would imagine)....please correct me if I am wrong.

Is it not the case that the only "control" that CBI will have on this event is the price that they "open" it at? They could open it at whatever amount and within a few hours, that intitial figure could be ALOT higher or lower due to the market. Right? :confused:

[Blake]

So you believe it's to help your fellow man ? By I can't swallow the humanitarian philosophy when it comes toselling money for less then waht it COULD be worth in maybe 30 to 60 days.
Thanks AgainI'm talking about the short-term business side of it, not any humantarian angle at all. They are not losing out on any potential profit by selling these dinars in the short-term, b/c if they didn't have these buyers sending them money, Amer & Ghaith would have stopped long ago buying the dinars at the daily auctions once they stocked up for themselves.


If you can't see or understand the concept, I'm not explaining it any more than I already have.

[ISX_TIME]

Although, we are all optimistic about the dinar rising .05 or greater, We must concede that there could be a spark of truth to this prediction. We been all headed out west, (Or mid-east in this case of the Iraqi "Dinar/Gold" rush) and possibly in our stampede may have not seen that there may be an opening at less the .01

There is one question that been on my mind and I'm sure may have crossed other minds here as well.

With much talk about the opening on the Dinar this year for the past couple on months, then ....

Why are sellers still selling the Dinar to us ?? Isn't the potential value greater for the dealers to keep it (as they already have it), then sell them to us ?

Why make a couple of bucks profit from us when the Million Dollar Brass ring appears so close within their grasp as well ?

I would welcome a reply from Amer and Ghaith

Thank You

DISCLAIMER......

Please note: That I DO NOT direct my comments to any particular seller(s), I ONLY wanted an insight as to the reasoning..

Thank You

[bottlebush]

I agree with the main idea of your post that people need to be realistic about the short-term results of this investment, but do you think Amer & Ghaith do not already have a huge personal stash of Iraqi dinars for themselves that they keep entirely separate from their business of selling dinars across the world?

They both have ready access to daily gov't auctions of Iraqi dinar, why not take advantage of the opportunity, after you have already stocked up on the dinar investment for yourself?? Why not sell the dinars going on sale every day at auction to the huge demand across the world with a little markup for yourself?? I know I would if I was in their position. God knows I wish I was in their position.
:drunk: Yup>"< If I had thier access as they do. I'm sure that I would do the same. I KNOW I WOULD :happy26:

[Iraqi Al Yahud]

I have also caught hell from friends and family saying we are supporting "terrorists" by purchasing Iraqi dinars. We know many of our sellers are US soldiers, good people like Amer and such. However, has it ever occurred to us that many groups like Hamas, Al Qaida, Hezbollah, may also be in the game, trading dinars for US dollars?

[bottlebush]

I have also caught hell from friends and family saying we are supporting "terrorists" by purchasing Iraqi dinars. We know many of our sellers are US soldiers, good people like Amer and such. However, has it ever occurred to us that many groups like Hamas, Al Qaida, Hezbollah, may also be in the game, trading dinars for US dollars?
I'm sure the the government is watching VERY closely

[Iraqi Al Yahud]

Remember the Lebanese shipment of 19 billion freshly minted Iraqi Dinars from a few months back? Wonder where they are now.

[ISX_TIME]

I'm talking about the short-term business side of it, not any humantarian angle at all. They are not losing out on any potential profit by selling these dinars in the short-term, b/c if they didn't have these buyers sending them money, Amer & Ghaith would have stopped long ago buying the dinars at the daily auctions once they stocked up for themselves.


If you can't see or understand the concept, I'm not explaining it any more than I already have.

I'm not trying to bite the hand... Blah, blah, blah.
But with it now illegal to remove IDQ from the motherland why do all ebay and private sellers still offering it ... IF it could possibly be worth less then what we paid for it when it finally opens.

Just a thought

[ISX_TIME]

who said anything about helping the people? if the democratic controlled the presidency and or the congress i would agree, however, with republican controlled government there is no desire to help the people :lmao:


My comment was reffering to "helping the people" meaning...( BUYERS of the Dinar)
Ebayers and private sales

[Blake]

I'm not trying to bite the hand... Blah, blah, blah. Again, not my point at all. It astounds me that you keep misintepreting it. It's not that complex.

And mocking my attempts to logically & thoroughly answer your questions will only result in me being more harsh.
why do all ebay and private sellers still offering it ... IF it could possibly be worth less then what we paid for it when it finally opens.

Just a thoughtWhy would that constitute any business disincentive to dinar dealers from continuing to run their business and sell dinars at a markup from what the rate they currently purchase it at daily auctions??

Your points make little to no sense.

[ISX_TIME]

Again, not my point at all.
Why would that constitute any business disincentive to dinar dealers from continuing to run their business and sell dinars at a markup from what the rate they currently purchase it at daily auctions.

Your points make little to no sense.

So if a comment isn't in agrrement , you dismiss it as "no sense"
I concede that it is a "way out" possibility, that the dinar will open at equal or less then our paid price, But why do sellers still offer it if, it has the potential of far exceding what they can sell it for now.

Simple question, Simple answer.

[Iraqi Al Yahud]

How many new Iraqi dinars are still inside Iraq?
Has the CBI released more NID recently?
Who are the primary holders of NID outside Iraq?

[Blake]

So if a comment isn't in agrrement , you dismiss it as "no sense"
I concede that it is a "way out" possibility, that the dinar will open at equal or less then our paid price, But why do sellers still offer it if, it has the potential of far exceding what they can sell it for now.

Simple question, Simple answer.I answered that already. Stop pissing me off.

They both have ready access to daily gov't auctions of Iraqi dinar, why not take advantage of the opportunity, after you have already stocked up on the dinar investment for yourself?? Why not sell the dinars going on sale every day at auction to the huge demand across the world with a little markup for yourself?? I know I would if I was in their position. God knows I wish I was in their position.

I'm talking about the short-term business side of it, not any humantarian angle at all. They are not losing out on any potential profit by selling these dinars in the short-term, b/c if they didn't have these buyers sending them money, Amer & Ghaith would have stopped long ago buying the dinars at the daily auctions once they stocked up for themselves.

The ONLY way dinar sellers, like Amer & Ghaith, would be losing out on "potential profit" would be is if they took our money we buyers sent them to buy the ADDITIONAL dinars they would NOT have bought in the first place, and stiffing us buyers and keeping the dinars themselves.

[dinars4jmk]

dinartime- the key word is potential. what blake was saying is that these vendors have enough dinar stashed that IF this works out, they will have there fair share of riches. buying dinar MAY work out for everyone, but selling them to us all right now is already returning profit.

[kelleyB]

Blake I partially agree and made the same suggestion in my last post that crossed yours. But, the political section has disappeared.
No, it's here but hidden to people until they explicitly show they want to see the forum. Go under "User CP", page down and click on "Group Memberships". Join the political discussion group and the subforum will then appear for you from now on.
Just do as Blake said with the USER CP and stuff.. move it to the political part :D

[Iraqi Al Yahud]

K peeps, once again, group hug time :drunk:

[bottlebush]

:huge: :lmao: :happy26: ;)
((((((((((((((((HUG))))))))))))

[Jared]

Politics go in the politics forum and we don't need any fighting. If you want this reopened, I'll be more than happy to do that and move it to the Politics forum. Just PM me.

Jared :wave: