I hope no one has lost hope in the dinar because of the Aug 16 rumor.

[Collegeinvester1000]

I really think that selling your dinar or calling it quits because you didn't become a millionaire today or that a rumor was wrong or because the constitution was delayed is a premature decision.
Anyone Agree?
I for one am not dissapointed whatsoever.....
As long as I get all the dinar I wanted before Jan 2006, it's all good in my opinion.

[MRBIGBUDGOOD]

I'm with you , no reason to give up because of a delay. It will happen! :D

[ISX_TIME]

I really think that selling your dinar or calling it quits because you didn't become a millionaire today or that a rumor was wrong or because the constitution was delayed is a premature decision.
Anyone Agree?
I for one am not dissapointed whatsoever.....
As long as I get all the dinar I wanted before Jan 2006, it's all good in my opinion.

NEVER quelled my enthusiasm about the factual potential of the dinar...

[Teslyn]

I think it's funny actually.
:lmao:

[lordrazor1]

I think it's funny actually.
:lmao:

I think another year is fine....

[Collegeinvester1000]

Teslyn do you own any NID?

[dinarhopefull]

Go to this website www.IMF.ORG and read about article 4 ....it doesnt look good. Just another too good to be true story of my life.

[Teslyn]

Of course I do.

What I find comical is the passion (not sure that's the right word) with which people are taking today.

UH huh, this is what I have been talking about, everyone screams, "let us have our rumors we are adults."

Yeah, by some of the posts going on now, I can see the latter part of their screams very well.

[Drivin' me Dinar Crazy]

I really think that selling your dinar or calling it quits because you didn't become a millionaire today or that a rumor was wrong or because the constitution was delayed is a premature decision.
Anyone Agree?
I for one am not dissapointed whatsoever.....
As long as I get all the dinar I wanted before Jan 2006, it's all good in my opinion.

Realistically, I am in this for a 3-5 year committment. Anything earlier would be gravy. There's too much that Iraq has going for it that doesn't get reported on the "alphabet" news sources.

[Dinar for me please]

It seems like so many have lost faith in it, the board just seems really down compared to what it was!

[Collegeinvester1000]

Go to this website www.IMF.ORG and read about article 4 ....it doesnt look good. Just another too good to be true story of my life.

C'mon dinarhopeful, what do you want? To be a millionaire TODAY? Guess what it isn't going to happen now.
IF something is gonna happen it shall take a while.
Like I said in another thread give your dinars to me or I can buy them from you.

And yes I am aware of the IMF report.
There was good and bad in their summation as well as some outdated information.

[Chaz]

This is quite a noobish question, but I'd appreciate it if someone gave me an indication of what is expected to happen in January '06? Peg?

[dinarhopefull]

Executive Directors welcomed the resumption of Article IV consultations with Iraq, which represents a further important milestone in Iraq's relations with the Fund, and in its reintegration into the global economy. Directors commended the authorities for having established and maintained a degree of macroeconomic stability under extremely difficult circumstances, and for having initiated structural reforms. However, the economy remains fragile, and much work remains to be done to transform Iraq into a market economy, firmly based on a path of sustained growth. Directors stressed that, in the near term, the authorities will need to be ready to act resolutely to contain potential macroeconomic imbalances, most importantly, those that may arise from spending pressures, fluctuations in oil revenue, or adverse monetary developments. While recognizing that the pace of reconstruction and recovery will to a large extent depend on how the political and security situation evolves, they also urged the authorities to proceed with the most urgent structural reforms, and to maintain the policy momentum overall.

Directors noted that rebuilding Iraq's economy and infrastructure, while at the same time improving the standard of living of its people, will place significant demands on the country's limited resources. While the long-run prospects are well supported by its substantial resource base, Iraq still faces daunting challenges and downside risks in reconstructing its economy. To speed up investment in essential infrastructure, social services, and poverty reduction, Directors underscored the importance of strong action on fiscal and oil sector reforms, along with the timely disbursement of aid commitments.

[Collegeinvester1000]

Yeah, Iraq has quite a long way to go......
I was aware of this when I purchased dinar in summer 04.

[dinarhopefull]

C'mon dinarhopeful, what do you want? To be a millionaire TODAY? Guess what it isn't going to happen now.
IF something is gonna happen it shall take a while.
Like I said in another thread give your dinars to me or I can buy them from you.

And yes I am aware of the IMF report.
There was good and bad in their summation as well as some outdated information.

College,

Its just that the 16th of August was very hyped up on this website and now to here not so good news straight from a credible source ,IMF, its just depressing. So many wishful thinkers, but never in crfedible good news just a bunch of bull.

[Collegeinvester1000]

dinarhopeful, you have to be CAUTIOUSLY OPTIMISTIC.
There are a LOT of unkown factors that we are not aware of concerning Iraq's economy.
It took a couple years for people to profit off of the Kuwaiti Dinar and (I know it's not necesarilly comparable) Iraq is in much worse shape.
EVENTUALLY it will be in good shape.

[ROB5891]

i've always stated that there must be stability and oil pumping at max cap in order for a peg especially at .41. no one should be discourgaged or disheartened. in my previous posts, i said this is a minimum 5 to 10 year investment. It is pure speculation. I obviously have a huge amount of money invested in this dream so anything sooner would be a bonus. Everyone just sit back and relax until the political situation cools down and the economic situation steams up.

[alan]

Executive Directors welcomed the resumption of Article IV consultations with Iraq, which represents a further important milestone in Iraq's relations with the Fund, and in its reintegration into the global economy. Directors commended the authorities for having established and maintained a degree of macroeconomic stability under extremely difficult circumstances, and for having initiated structural reforms. However, the economy remains fragile, and much work remains to be done to transform Iraq into a market economy, firmly based on a path of sustained growth. Directors stressed that, in the near term, the authorities will need to be ready to act resolutely to contain potential macroeconomic imbalances, most importantly, those that may arise from spending pressures, fluctuations in oil revenue, or adverse monetary developments. While recognizing that the pace of reconstruction and recovery will to a large extent depend on how the political and security situation evolves, they also urged the authorities to proceed with the most urgent structural reforms, and to maintain the policy momentum overall.

Directors noted that rebuilding Iraq's economy and infrastructure, while at the same time improving the standard of living of its people, will place significant demands on the country's limited resources. While the long-run prospects are well supported by its substantial resource base, Iraq still faces daunting challenges and downside risks in reconstructing its economy. To speed up investment in essential infrastructure, social services, and poverty reduction, Directors underscored the importance of strong action on fiscal and oil sector reforms, along with the timely disbursement of aid commitments.

why is everyone so down beat, even itf it did peg today iraq still has a "DAUNTING" task ahead of them . did we think that once it pegged it was goin to be a fantastic place to live , lets get real here, it does need the constitution to be passed, then to peg at a reasonable level, (maybe .41) so they can be on a par with the rest of the world,


if any one wishes to sell there dinar let me know i will buy all

[dinarhopefull]

Where do you get this 41 cents figure? Why do I see that number everywhere. If this is a 5 to 10 year investment then you must be very prophetic to predict this peg 5 years into the future.

[Teslyn]

Where do you get this 41 cents figure? Why do I see that number everywhere. If this is a 5 to 10 year investment then you must be very prophetic to predict this peg 5 years into the future.

They can't let go of the .41 dream they've been fed for awhile now.

Now we see the real damage done by a rumor section, factually there has never been a single document produced that has stated an amount. .41 was cleverly woven by spinsters of incredible talent.