I was just getting ready to research and write a short article I already started with and then saw the blog posts from last week. Like 39 and counting. Wow. I’ve been on the road and have hardly had time to eat sleep and drive. Been listening to the CNN and Fox news satellite radio just to stay in the loop but I need to read these blog posts! And respond to some.
We’ll get you all a nice meat and potato article for next tuesday.
A few people have been asking if I still sell Dinars. I will be putting together sets of 7 Dinar denominations but probably not till summer as the support site needs immediate ongoing attention right now.
What I am hearing is that on the 13th of January, 2010 there will be a Global Financial overhaul and to celebrate the historic end date of the iraqi dinar transitional period>>> Jan. 15, 2003 through January 15, 2004 >> they are announcing that the iraqi dinar will now be open to all the world currencies markets ON JANUARY 15, 2010! THE RATE HAS NOT BEEN SET AND WILL NOT BE KNOWN UNTIL THE CURRENCY MARKETS OPEN UP ON FRIDAY JANUARY 15, 2010. Cannot verify this info…I am sorry.. I just read and read everything from everywhere. May just be a rumor but since the 15th is 8 days away, kind of gives me something to look forward to….Got my eyes WIDE open for the12th and especially the 15th… we will see!
hi darren, what do you know about these recent iraqi monetary summit briefings?
Mathews; what monetary summit meetings you are taking about ? the bogus link posted by somebody….it is scrap…absolute scrap….believe me, i am living in the middle east and is monitoring each and every movement here. It is unfortunate that a lot of misinformation have been posted on these blogs. I dont know whether such posts are done by innecent investors or dinar pumpers.
Darren, you seem to be more careful in your analysis but i still dont understand your over confidence in the RV frenzy. Anyone with common economic sense can see through the facts.
I am not saying that the Dinat will not go up. I still belive that it will go up in a gradual appreciation as the economy of Iraq improves. Any arguments of an artificial RV is completely unfounded.
Iraqis might be laughing on the crazinez going on with this dinar sites. Believe me, some Iraqis themselves told me this. Thanks.
Attakhalil! Who are you? How do you know who’s laughing at us for having questions and wanting information. We are just anxious and excited for this to happen and you don’t need to rain on our parade. This will be good for everyone when it happens. We need to be looking and researching so we will be ready for the BIG RV. RIGHT!!! My information tells me the rv will be one large number not gradual. So where are you getting your information?
I may hit soon it might not ,just don’t run out and buy more just cause someone said it’s done.
Nothing is done, until it is done. I am not going to post anymore “hear say” on here because I know how frustrating it is when that day comes and goes with no rv. I will post any news articles that I read though. Cool? my post above was something I had read and it got me excited. I am happy with my relatively small investment in this. Just hoping to get some bills paid and get a small nest egg, that is all.
hi darren, what do you know about this exchage rate mechanism that is supposed to be in place by january 12, 2010?
Don’t stop sharing rumors are good just say it is what it is.From what I read about the ERM all has to do with the EURO.Don’t freak out they are not switching to the EURO.That is they are not switching to the EURO.I don’t want to start any rumors like that.
When I hear that there is going to be a rv, I want to tell everyone!! And obviously, everyone in here have dinars or they wouldn’t be here. But you know as well as I do that it will probably happen when everybody LEAST EXPECTS IT. ” What I have HEARD” is that it will happen this month! And we are looking at well over $3. Do I buy it? I will when I see it.. but atleast we aren’t hearing that nothing is happening with it at all. I have HEARD SO MANY DIFFERENT DATES and what it is going UP to from 1.44 all the way to over $3. It is nice to hear and it gives me something to look forward to.
Jennifer where did you hear this? Thanks Carla
I was told in no uncertain terms by a blogger that it would be March 8th, day after election, got no idea how that was determined. Who knows?
joe, i realize they are not switching to the euro. on the dinardaddy blog they mentioned that the exchange rate mechanism was used when the european countries switched to the euro to avoid dramatic currency fluctuations during the change. they also said that iraq and the other middle eastern countries are going to have an exchange rate mechanism in place on january 12, 2010 for the coming rv. i wanted to find out what darren (or anyone else) knows about this.
I looked at the dinardaddy site first time just now, are any of these people credible?
Carla.>I just read. I see these things in many different places. No place in particular. We have a lot of friends where I am that purchased dinar and we have quite a few family members (2 in the military) that invested in the dinar. All of them “hear” things and we all swap “rumors.” I come in here and share with all of you because 1 I can reply on this site and 2 When I just use to “observe” comments, I would see things like talking about dropping three zeros and i wanted you to know that when they were talking about that…it was in 2007. I saw that article from 2007 and nothing to my knowledge has ever come of it since. Everybody was worried about getting smaller money…minus the 3 zeros and I just wanted to ease some minds that the whole article about that was printed in 2007. They said when they were talking about it THEN that it would take 2 years THEN to exchange to smaller notes and everybody would have plenty of time to exchange for smaller notes so they can do away with the bigger notes. As of today, they are still circulating, buying, selling, and printing bigger notes.
Trent> the 8th of March is the day after elections. mps are trying to keep the exchange rate from going up until after the election. They think the exchange rate will be used to their advantage in the upcoming elections. iF THEY HAVE A RV, THEY ARE SURE TO BE RE-ELECTED. Plus they are afraid that they will use the funds in their campaine. Just what I ”heard” now. If you research it in the last few weeks papers, they talk about these things. I have seen such tales in the Iraqi newspapers.
Matthew.> I also read “from a iraqi paper” about the exchange rate mechanism and that golden date was on the 12th of January. The way I understand it is since they can’t aggree on the 2010 budget, they are being forced to the exchange rate mechanism. Effective 12/1/2010 . (They put their day before their month.) That is what I read. I “HEARD” that the government was stepping in and doing the exchange rate for them because they won’t vote on the 2010 budget. And “supposedly” the 2010 budget plays a major factor in the exchange rate. Their exchange rate has been at 1170 across the board for quite some time now and I have seen quotes saying basically, there currency be worth more than any other. I have SEEN these quotes from these people high up over there. In the iraqi newspaper. You just go in there and hit translate to english. I don’t know much about their country, but I do know that they are getting more and more stable as time goes by. Probably getting more stable than our country is at this point…just an opinion… and they are selling more and more oil, plus they are trading in the stock market 5 days a week now. They are moving along really well, in my opinion and my opinion also is that they want their dinar to be worth what it use to be worth. Before all these wars. Just an opinion though.
Sorry Carla… I believe that article was in 2008.
Thanks for the explanation. Who is it in Iraq that can’t agree on the 2010 budget, CBI or Iraq govt, and who is forcing them into the “exchange rate mechanism”, US govt or Iraqi govt? Also which Newspaper do you read? I know Darren has made it clear in the past they aren’t dropping zeros, which would be a deval.
Sorry, was at work. It is all the government parties that cannot agree on the 2010 budget. There is different members in the seats in the government there and they all have to agree on the same thing. Trust me, I slept through that class in school > government< so I am not quite up to speed on that but what I keep hearing is that since these members cannot come to an agreement on the 2010 budget, the upper government is stepping in and doing an exchange rate for them because the budget plays a major role in the currency exchange rate. Now, that is hear say so I am not trying to start rumors. I mean, I did read it in the past couple weeks in the iraqi papers, and I will research that and get back to all of you as to where it came from. Got in late from work and I have to be back at 5 a.m. so I will research that maybe tomorrow night. Most of what I really believe is from what they say themselves over there. I go into the iraqi newspaper and just start clicking onto things and read. if all of you go into that and read the past weeks, you will see these things. Just a beginer here… sorry I cannot help more.
The 12th would be good.Ready for the deeep breath and hold………Just kidding.I have heard the 12th the 31st and when they pass I sure it will be next week.Is this ride making anyone else woosy?
I read Aswat al-Iraq, doesn’t have much useful information though.
Okay here’s some useful information from Aswat al-Iraq:
http://en.aswataliraq.info/?p=124880
He called on the Central Bank of Iraq to set up two economic institutions; the first one to guarantee deposits and the second to guarantee the loans which will enable the national banks to expand their activities.
Apparently deposits are not guaranteed???
How can I track my order? I ordered the top of the line CD set when you had the special going on. I received an email saying it was shipped on Dec. 30.
How can I track it, how can I get to my info page? I do not see any shortcuts to find this, or ask any questions, so I at last resort am trying this.
My payment cleared my bank account in December.
Thanks:
Jim
I personaly would not on an account in Iraq.What can you do if they just tell you no your money never came,sorry.Keep your Dinar in your hands.
When the Dinar deal does happen, will all local banks exchange currency or is it just certain ones?
As far as I know Bank of Amreica and Citibank will, in time there may be others, and keep your dinar in your possession….like Joe says. If you look at the link above I posted it appears Iraq banks don’t insure funds. For the life of me I do not understand why this has been so hard to find out.
Jim,
I am looking into the reason you have not got your package. I suspect a delivery attempt notice was lost, I will email you personally with tracking information.
Darren
P.S. Please no negative posting about Warka account Iraq bank investing. It is truly a daunting task on your own, that is why you have
an entire support system with DrDinar at your disposal. A daunting task made easy. Every step of the way.
Sorry Darren just my personal feeling on the subject.
Joe, your personal feelings are welcome in the blog. Anyone is permitted to say ‘how they feel’ about anything under the sun. Truth of the matter is that there is risk involved. It is my job to systematically minimize risk regarding Warka access procedures while helping to successfully set up accounts using a strategic plan in 1 on 1 email support accounts in http://DrDinar.com support site. Any problems are dealt with in a very professional manner. When procedures are followed and monitored by a third party money service business (DrDinar) the risk is minimal. We use the same email support software that American phone giant At&t uses. (At&t is a registered trademark and they are not in any associated with DrDinar)
As for other risks with Warka accounts such as Iraq foriegn investing law, I would like to mention that the old Saddam Era laws are changing but unfortunately still in place on the most part. Warka, like Microsoft, started off as a rule breaker, but now is a rule maker.
Darren
Attakhalil,
I have two choices regarding my position on the RV. These are my choices:
A) I can tell 5000 subscribers that a 2010 RV is NOT Possible,
or
B) I can tell people that a 2010 RV is possible.
Now, with that on the table, who am I to say that an RV is NOT possible in 2010. We all know that an RV will happen *eventually* and I have absolutely no authority to say it is impossible for 2010, nor do I have the authority to say *it will* occur in 2010.
What I am and will say is that a 2010 RV is *possible*.
One little tid bit, just because bankers and Government officials of Iraq are getting together this month to drink illegally imported Jack Daniels on Iraqi soil and what have you, don’t jump the gun by saying an RV will happen once they get down to business with the meetings this month.
It could happen, but will it. ??
Everyone, The only thing we can do is wait. It will happen. When? Is any ones quess. ” Patience is a virtue.” No one I repeat no one knows the timeing on this. So let’s just talk and wait. It will happen. God is in control and he has a plan. RIGHT?
According to American contractors there will be no RV this month.
Alright all my dinar buds…. here is the link that will make your day…your week…your month….your year! This site is awsome!!!!!!
articlesofinterest-kelley.blogspot.com
Happy reading and enjoy!!!!!!!!
Wheres the link?
Adam Montana says game on, Amreican Contractor says game off, Darren says maybe, Joe says wheres the link, Jennofer says happy reading, Carla says no one knows, Jim says how can I track my order, Matthew says exchange rate mechanism, Michael says will local banks exchange currency, Trent says good night my friends…….
Johnny says good morning and he also says that he would believe Darren or Americancontractors over anyone else.
Good morning fellow ‘Dinar PhD’ holders. I’m writing an article, it’s one I’ve been brainstorming for a few weeks now. About Dinar investing right there in Iraq. Just another way to deversify your Dinar play.
Jennofer, is there another link, when I go to articlesofinterest-Kelly.blogspot.com I get over a million reads HELP
Johnny….go to the very top one. It talks about many things east to west as well as Iraq. Overlook the articles that talk about things other than Iraq.
Thanks Jennofer, I got it.
Here is a question:
I am 1/2 way through the CD’s and have a thought.
If we have many Dinars in our possession, and the reval happens, all banks that have money trading for international should be able to trade these in for us.
My question to anyone out there:
As I remember the Banks in the US have to report any cash transaction over $10,000. It may ne lass now.
Who do they report to, what is the ramification of this, and do we want it reported to the government that we traded that amount?
And…..it will take a long time to move less than 10K at a time if you have millions.
Let me know!
Jim…. I wish you the best of luck on that one. The way I understand it..the government is going to get their fair share reguardless of you trying to hide it from them. Do it by the book so they don’t come for you later. I have heard of offshore banking, but that is something I would never do. When this revaluates, you should see a banker that can help you with reinvesting. They know the ins and outs of how you can do so without being taxed to death. Just what I have heard. I will cross that bridge when the rv bridge is complete and I am able to cross it.
Sounds like a bunch of very savy investers here. I have had a handful of IQD for almost 6 years, and as an investment I have done quite well. Who wants their penny stocks to make them millions, everyone. Lets be reasonable about investing, it is not a lottery tickes that will make us rich. If some of these “investers” spent as much time researching other, maybe more common investments, they might do pretty well. The game of investing has been around for a very long time and some people spend their lives at it, an actual job. These (IQD) are not penny stocks and it is not an IPO we are hoping for. Pray for the stibility of Iraq and relief for the millions of Iraqi who are as poor as you can imagine, you know the cup of rice a day thing. Iraq will not do anything to their currency for you or me, they might change it somehow for the betterment of their country.