Comments for DrDinar Blog

Comment on ABC News Video On Dinar To Wet You Appetite by Jennofer

Jennofer — Thu, 11 Mar 2010 06:44:11 +0000

HEY! On Gankins post on Dinar Daddy… HE SHARTED!! LOL! AND THEN CHECKED! LOL! AND THEN CONFIRMED THAT HE SHARTED! LOL! ONLINE! LOL!

Comment on ABC News Video On Dinar To Wet You Appetite by Jennofer

Jennofer — Thu, 11 Mar 2010 06:07:03 +0000

Paul> I recently spoke to a very good friend about the “L” word…don’t like it, sorry…anyway, if she could have smacked me through the phone, she would have! She explained to me that the ONLY way Iraq would L_P their currency is if their inflation was 30% or higher..29% or whatever…anyway, she said that countries usually do that if they have NO PRODUCT TO SELL! What does Iraq have that many countries want? OIL, MY FRIEND and their inflation is right around 5% so IMO, if Iraq wants to continue to build trust with these countries that hold their currency, and many do, they will not take that route. Besides, there has been statements that the “nominal value” will remain the same. When they go to the lower denomination, the 25 dinar will be worth 25 dinar. The 25000 dinar will be worth 25000 dinar. They will both be in circulation at the same time until they feel the higher notes with 3 zeros are drawn back in. I went through that “L” depression…don’t let it get to you. They have a “plan” and I really don’t believe that doing that “L” thing is in those plans. As far as them drawing them back in, I cannot answer you on that. I would probably think that the countries would use them to buy oil…but not sure on that. hope that helps.

Comment on ABC News Video On Dinar To Wet You Appetite by Paul

Paul — Thu, 11 Mar 2010 04:01:26 +0000

Hello Jennofer;

I don’t doubt the Dinar is for real. The question however becomes this: is the average investor or holder of Iraq’s currency going to profit in a big way?

In other words. It’s not loosing money that I am afraid of. I am afraid that this notion of lopping the zeros’ off the 25K note will be used to squeeze out the little guy from making big profits.

For example I actually heard someone explain to me that if they lop off three zeros from a million dinar, the Iraqi government will be able to reval the Dinar at a much hire rate as opposed to giving us .03 cents to the dinar. And this person actually thought that would be a good thing

First off all this person had no idea what she just said because I would much rather get paid at .03 cents per Dinar per million than to have three zeros lopped of a million dinar so they can reval at a hire rate even at 5 dollars per dinar. i.e lopping of three zeros from million dinar would leave you with 1000 dinar. 5 dollars X 1000 dinar = 5, 000.00 dollars as opposed to .03 cents x 1,000,000.00 which 30,000 dollars

In essence the KEY to making huge profits is the leverage a million dinar has at the small amount we now have to pay for it. The question now becomes how will Iraq attempt to retrieve back their Dinar in a cost effective way.

Paul

Comment on DinarSpeculation.com’s – ADAM MONTANNA – LIVE Call – First 50 Callers by Henry

Henry — Wed, 10 Mar 2010 23:47:44 +0000

Iraq: Al-Maliki Leading In Unofficial Results – INA
March 10, 2010

S T R A T F O R
GLOBAL INTELLIGENCE

The
Iraqi National Alliance (INA), a rival bloc to Iraqi Prime Minister
Nouri al-Maliki’s State of Law coalition, said al-Maliki’s bloc is
leading in 10 of Iraq’s 18 provinces, according to informal estimates,
Reuters reported March 10, citing a statement by INA candidate Qusai
Abdul-Wahab. Abdul-Wahab said the State of Law coalition is ahead with
1.9 million votes, while the INA has 1.8 million, according to their
estimates. He said that Mosul, Kirkuk, Salahuddin, Diyala, Kurdistan
and western Iraq have not been counted yet, nor have votes by police,
security forces, prisoners or Iraqis living abroad. Former Prime
Minister Iyad Allawi’s secular coalition, the Iraqi Unity coalition, is
estimated to be doing well in Sunni areas in the north and west, and
the Iraqiya list has 666,000 votes in the provinces where estimates
have been conducted.

Comment on DinarSpeculation.com’s – ADAM MONTANNA – LIVE Call – First 50 Callers by Jennofer

Jennofer — Wed, 10 Mar 2010 21:47:16 +0000

Not much out there right now, outside of election news. Will look again tomorrow!

Comment on DinarSpeculation.com’s – ADAM MONTANNA – LIVE Call – First 50 Callers by Alfred Alder

Alfred Alder — Wed, 10 Mar 2010 20:25:12 +0000

Waiting with great antisipation!!
Thanks Darren

Comment on ABC News Video On Dinar To Wet You Appetite by Jennofer

Jennofer — Wed, 10 Mar 2010 04:05:58 +0000

Humburto> can you give us some information on how Kuwait revalued?
Maybe we can have a little better understanding of what we are up against.
Paul> Right now, you could sell your 1000 dollars in dinar and lose a couple hundred. You will only “lose” if you sell out now. This is a win/win investment…no matter how you choose to look at it. Just don’t sell out, and be patient….that is my motto.
Not much is going on in the news right now. The results should be in by Thursday on the election. I read that until everyone is seated, the existing parliament will continue until all results are finalized. That could be a good sign, maybe it will go back to business and we will see some things get taken care of, who knows? The CBI and IMF are what I am watching…but I am watching for that Chapter 7 news to come out and I want to say that the Hydrocarbon Law was in the budget somewhere, but not sure. I know that the Iraqi people get a $1 for every barrel of oil, or something to that effect, and that was part of it, I think??? Not 100% sure though. News will start moving again soon. That is our hold up on trying to figure this chess game out.

Comment on ABC News Video On Dinar To Wet You Appetite by Paul

Paul — Wed, 10 Mar 2010 03:29:20 +0000

Look when they talk of taking a huge risk on the Dinar. Think about what they are saying what the hell is risky about investing a mere 1000 dollars for the chance of turning that into a couple of hundred thousand dollars. Worse case scenario you loos the whole 1000 dollars. Many stock holders and pension holders have lost a lifetimes worth of savings to the market.

So when someone says beware I consider the source.

Comment on Iraqi Elections 2010 As Seen By 18 Year Old Iraqi Girl by Jennofer

Jennofer — Wed, 10 Mar 2010 01:23:04 +0000

This is a young lady who faced danger just to be able to vote! You go, girl!

Comment on ABC News Video On Dinar To Wet You Appetite by Trent

Trent — Tue, 09 Mar 2010 22:39:36 +0000

Humberto what else do you think needs to happen in order for “the event” to take place? Or anyone that wants to answer.