Has this ever happened to you? Someone you know calling the dinar ‘wallpaper’? Just over 5 years ago the “Quote – ‘dinar is wallpaper‘ ” – end Quote.. critics had some merit when the Iraq civil war was in full swing and the Iraqi Government had a chance of being overturned. When one of my cousins last month suggested dinar being wall paper it clearly indicated to me that all online critics saying the same thing must be equally misinformed about the current strength of Iraq currency.
Dinar Revaluation – The Prize
Any dinar investor or dinar critic who does not have the end in mind, that being the RV stands the chance of not experiencing the Prize. Keep your eye on the prize. Do you believe the dinar will reval with at least 1 penny to 1 dinar in your life time? If yes, then you have the basic foundational belief that investing in the Dinar is a decent investment that is in fact moving towards the Prize.
Prepare For The RV – The Price
You cannot just justify the cost of acquiring your Iraqi banknotes or Warka dinars as being the price, there are other facets of ‘the price’. How much negative comments are you willing to take from non investors? How long are you willing to wait for Iraq to reconstruct, rebuild, and revaluate? These too are vital elements we as Dinar investors must account into what price we are willing to pay. How much will you invest, this is all equated into the price of the dinar opportunity and how much you are willing to pay.
IF Prize Warrants Price THEN Price = Worth Paying
If you are like me you are in a position where you want more dinar and are working on getting more. Maybe you want to sell as you think you have already paid too much of a price and need some cash flow in hard times. Nevertheless, if you believe that the Prize (the revaluation) WILL occur sometime from now or into the future, and you believe that the RV will be at least 1 penny US then the price of your dream or your goal should be worth paying. If the prize of the dinar you desire warrants the price then the price is worth paying.
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This article may be reprinted online or offline as long as this box
remains and is hyperlinked online. Written by Darren Chabluk
for http://www.DrDinar.com
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Good post. Thanks!
Great points for everyone to consider. Thanks!
i dont want to think about loping but that is what i have been hearing. it is kind of like “kissing your sister” not exactly what i was looking for. but that news makes sence from what your contact in iraq said about not jumping. so i will hang out and wait
Thanks Jennofer!
Thanks Humberto!
Rich, don’t worry about lopping. Really, no need to worry about that. A bad lop, is called a devaluation, and a revaluation will not occur with a revaluation. This is not a post World War II Germany banknote situation with everyone against Germany.
Hey Darren we are hearing that China has heard 1st that the rv has happened. Is this true???? Thanks
Who cares what anybody thinks. They either want it or not. Accept the risk or not. A $500 dollar investment (American dollars) may some day be worth up to $500,000.00. I do not mind waiting. I will settle for $100,000.00 and laugh all the way to the bank.
I agree with Mr.John,who cares what anybody think.Afterall,we have already invested in it and been waiting……..if we can’t enjoy the fruits,who knows,our childrens might.
Thanks Darren and keep up the good work.
There will always be haters out there telling us.(nope that is a big gamble you will never be rich from that.)Well F@#& them,with no risk there is no reward.Sit tight my friends we will see this threw to the end good or bad we are all in this together.You will see more LOP stories come out then you will see the stories that denies the LOP.Pray with me folks”there will be no LOP”lol
I am to the point that the L_P stories don’t even phase me. I really think that we are so close! Something is got a hold on it and it wants to cut loose so bad! All the signs are there.
1) All the activity of “international talk” with the IMF, CBI, AND MALIKI.
2) All the talks of revaluation prior to the elections from the one and only “Maliki.”
3) WTO in the mix….Iraq is scratching on their back door BAD…wanting in!
4) T-Bills and CURRENCY EXCHANGE outside of the regular auctions being held 5 days a week= INTERNATIONAL=REVALUE!
5) Iraq so close…if not already out from under chapter 7.
It all looks good for us. It is a matter of time now. HANG TIGHT, MY FRIENDS!
The American Contractor says no rv this month as far as he knows but he has never said it won’t happen. I would like to know what it would take to make it happen. What is holding it up? Does anyone know?
I don’t believe the L O P theory at all. Darren has made it pretty clear, not gona happen…..no reason for it to.
Trent> I don’t buy in to theories anymore. Many were saying today…didn’t even phase me. I just really believe that when we see Iraq go international (like they have quoted of doing) then I will get excited. I know they want to do the lower currency by the end of the year so I am thinking that with IMF working on lifting the restrictions on the exchange rate thing…it is well on it’s way and when the restrictions are announced that they have officially been lifted…..INTERNATIONAL WILL BE RIGHT BEHIND IT! They are working on it…they come out occasionally and speak about it…and soon, they are going to do it! We are going to see Chapter 7 lifted soon…you can read that clear as day in the articles so it will not matter if that plays a role in the R.V….IT WILL BE DONE. I am leaning towards the IMF AND CBI, for some reason. They seem to be the ones talking about any movements in the currency so my ears and eyes are all perky for them. We should see the results of the election soon. Hopefully! That may play a role in this. May be holding off until that mess is behind them. If Maliki gets back in, maybe things will start moving again. I hate the stalling in this. The 2010 budget…then the elections…wears me out! It is like watching paint dry! 4 coats thick! But then again, the CBI and IMF are working on something INTERNATIONAL and I am very curious about that! Maybe they are waiting for the election results, and the lifting of Chapter 7 to announce anything or move forward. Both will be behind them, and us, soon…probably before the end of the month..I am thinking. I am hoping!!! So…
1) Election results~~~~in the works!
2) Chapter 7 lifted~~~~in the works!
3) IMF lifting restrictions on the exchange rate~~~~in the works!
4) CBI going INTERNATIONAL~~~~in the works!
5) REVALUE THE DINAR!
6) Bring in their lower currency…~~~we will all be rich at this point so who cares! LOL!
If you notice…the first 4 things on this list…they are working very hard on and these things are no secret..we have articles straight from Iraq to back these things and I REALLY THINK that they will be behind us by the end of the month..JMO. Maybe not so much the 4th one, but the first 3…I see it in the articles that they are making great progress and the 4th is being discussed behind the scenes. I cannot think of ANYTHING past these things that would hold up a revalue. So, that is what I am thinking. This is just my personal opinion as to what I am watching for. Others may see things differently. It could happen tomorrow and blow all our minds…but I am going to TRY…TO THE BEST OF MY KNOWLEDGE…to think logically.
Thanks Jennofer. I was not aware of the IMF restrictions.
Trent, if this were Texas holden, this is my hand ; )
American contractor and Adam Montanna have large followings for thier passion in serving the community with long reaching intelligence funnels of information. I believe its a matter if sifting, serving, and growing your network with the nutrients required for continuous improvement in Iraq Dinar investing information as we converge on this hell or high water go down with the ship reval nation.
i like the texas hold’em comment!! i do alot of currency trading on forex and when things dont go my way i buy more because when it does go my way eventuly (and eventuly it does) the reward $ just gets bigger. so on the news/chatter of lop we just bought 5mil more denar.
my way of looking at things is basicly “in 50 years who’s going to care”
i got into the denar for intertainment and it is certnaly that. i love listining to all the ideas out there and in the end i know i will walk away with more than i had to start, iraq will be a better country and hopefuly i will need a big wheelbarrow to go to the bank :0)
a good poker player is aware of holding, folding, risk, counting and probably a few other things.
Gonna have a powerful article this week with the following headline-
“To Lock’n Load An RV Will Be Within Grasp For Iraq Presedent Elect”
This will be a combination of massive firepower in decision making as well as having the backing of all neighbors in the area and abroad which Iraq Gov’t is currently doing with the success of the elections.
Expect fast Hydrocarbon Law headlines on major international TV news giants and newspapers as Iraq starts to deal winning hands to all oil field contract winners. Oil revenue for Iraq will beef up International security in marching order as soon as Oil drilling, refining, and sales start to double volume along with doubling oil prices. Recession is a transfer of wealth. Most people see it as an end all be all. Yes sure we will pay more for gas for our cars but in the end we get it back and more in Iraq banknotes. Just be prepared to have an expert run your dinar into Iraq personally in a legal fashion during the reval ; )
Good call Darren. You said several months ago that the Hydrocarbon Law would need to pass before an RV…..very good. Now could you explain your last line please? That one has me.
Darren> I look forward to your next post.
This election has muted so many things we are looking for and I will be so glad when it is finalized. I was wondering about the meetings that were suppose to happen around the 16th but were rescheduled for the 23rd or 24th? Was it the UN and IMF? All these meetings are starting to run together in my head and it gets confusing. I know that something is of importance on April 1st. Besides april fools day!! lol Anyway, I read today that the person running against Maliki is going to be bumped because his momma is Lebanese? And because they are “bickering” over the results, they want a temporary Government to step in a run the country until the big babies get over their temper tantrums! They call these men ~leaders? Right!
I don’t get many posts anymore from the “Gurus” on their “take” on things. Medic said Sunday (again) and the other ones I have seen…well…nothing stands out to me. I guess I don’t pay much attention to the dates and rates anymore because I have my sights on something totally different. Nobody can answer me on the budget being released on the 15th or not. NOBODY! I read on Stardoggers that Sonny1 said 24 to 48 hours…I think. They are banking on this meeting in the next day or two, probably. We will soon see, I guess.
Darren what are you talking about taking your dinar to Iraq?I thought most the banks here will exchange?That would be some shaddy shit to try to make us all go to Iraq to cash out.I will go if I have to but would not be happy about it.
Darren I have a question for you.What kind of taxes are you going to have to pay in Canada?I have duel citizenship so I have options and I would love to move back.I no longer live in a free country and want out asap.lol I think we will pay 15% capital gains here atleast for now or up to 40% if they claim as income.That all may change from what I am seeing these days.I remember the taxes being crazy there what about on this sort of thing?I know they don’t steal all of your lottery wins there here you get a 3rd of what YOU won.Our goverment wins the lotto every week here.It is awful.
Thanks in advance Joe
Jennofer I forgot about the April Fools Factor. Ha! It’s always in the next 48 hours. I don’t listen to the Gurus anymore either. When Dinar Daddy started charging that was the best thing for me. I don’t watch this stuff anymore. Okay, except here.
Joe I would move to Canada also, you know, the old saying, if you don’t like it here move to Canada. Well I would but it’s too far north!
I think we’re in for the long haul on the RV thing so let’s sit back and relax till the dust settles in Iraq then we’ll all meet at Darren’s house for a beer.
I’m about as south as I can get I grew up here in phoenix and lived in Canada for 5 years when I was a teenager.Some of the best years ever.
I hope to make it back sooner then later.
Trent it’s a nice drive you should go for a holiday there and you will want to move as soon as you get home.
Beer thats a good idea
Let’s pray for a 3 to 1 RV!!!