Truck and Barter

Why not take the chance? The only thing you have to think of, is how much can you afford to "gamble". Myself, I have been to Las Vegas, and lost over $1,000 in two days. No big deal, I knew I could afford to lose it, oh well, it was fun trying.
This dinar is the same thing, in the fact that what if. I would hate to be sitting in my living room, watching the news five years down the road, and see that Iraq has been stable for a couple of years, producing unbelievable amounts of oil, and the dinar is worth 2 dollars for one dinar. Now that million dinar i COULD have bought could have made me a millionair.
The thing is, even if it stays the same as it is now, I am not losing any money, and have just made a possible long term investment. Hey, I will be laughing all the way to the porsche dealership!

I completely agree with Russell. It is a long term investment. I have a Brother working for KBR in Kuwait, and we both purchased 2.5 million Dinars. Even if the currency goes to .02 cents for each Dinar, I am set to make about $50,000. If anyone checks currency rates, the Afghani is currently worth .023 cents per Afghani. I personally thing Iraq has more going for them then Afghanistan.

I'd just discovered that I could purchase Iraqi dinars as a long term investment. So I purchased 125K dinars. Now I wait and see.

It has a great potential now that Iraq is under a new government and is still protected by the US and soon Nato. Reconstruction has begun.

Iraq has a good future and so is the new dinars.

I will be leaving Iraq in a few weeks with 2.5 million dinar. What can I expect from customs in Kuwait and Germany?

i to have bought 1 million dinar when i was over there for kbr and i bought it for 1/10 th of a us penny can you really say im going to take a loss.lets be realistic.i cant wait to be a millionaire

Hello, My name is Joel Klee and I am stationed in Iraq. I am in a Navy unit working with KBR and it wasn't until recently that I decided to buy my Dinar. I have purchased almost 2 million dinar. Read this same post two years from now and see if I made a wise choice. My gut instinct tells me I did. I paid out a total of $1500 dollars, far less than one paycheck here. Now if I only make a fraction of that in profit I will have made a solid investment. There is one very important thing to remember about this country, actually two... There is now an established government and there is a ton of oil that other countries will need. If you bought iraqi dinar an you too become a millionaire, look me up and we can talk about becoming very rich.

HI

I AM ASHRAF FROM PAKISTAN AND I HAVE IRAQI DINAR BUT I WANT YOUR COMMENTS, WHAT IS A FUTURE IRAQI DINAR RATE AND RECENTLY NEW GOVERNMENT WHAT IS POLICY IRAQI DINAR AND RATE.

YOUR EARLY RESPONSE I WAITING

ASHRAF ALI MUHAMMED

Anthony, you can get through both airports without any problems. I have taken 11 mil through there. Yes this is a wise decision to buy Dinar. Hang in there.

I have a very good question here:

When is the "New Iraqi Dinar is to be traded on the new current exchange in the United States?

I'm far from Iraq living in Europe but I'm interested in buying iraqi dinars. Is anybody willing to deal with me overseas ? I'm prepared to offer euros or us dollars, by money order.

Face it guys, In the US, If president Bush does NOT get re elected, the iraqi's new government will fall apart and you can forget about the iraqi dinar!!!

I will bet on freedom every time. Consider the condition of the former Soviet Union in the aftermath of the fall. Now, the Russian economy is growing similar to the strongest in the world. Kevin, I appreciate your opinion and obvious area of expertise. However your opinion is nothing more than an educated guess. Just like mine.

to yall who already bought the dinar from iraq, good job! Thanks guy workin for KBR the food that got to kirkuk was great! The dinar trades online at 550 to 1!! We bought ours at 1450-1475 to 1!! Weve almost tripled just by coming home!!

While working in Afhganistan for a major contractor, my partners and I have agreed to buy the Dinar. Yes it is speculative. But as mentioned in some comments, people should only buy if they can afford the risk. For short term investments, you are better off with penny stocks, but possibly with a long term outlook, the return would be tremendous. There will be stability within Iraq, the question should be is, how stable will the oil flow be to support the economic infrastructure. The answer, do you really think the U.S. and coalition would let Iraq collapse to insurgents..

If president Bush doesn't get re elected and a democrat gets into power in the US, The U.S. will let Iraq collapse. You will soon see my friends.... For the Dinar's sake, just hope that Bush wins!!

JOIN US ON THE OTHER THREAD,, LOT's MORE INFO

http://truckandbarter.com/mt/archives/000098.html

I am in Iraq currently with KBR. I have gotten just a little over a million in Dinar thus far. I plan on getting 2million. Not everyone realizes what Iraq has to offer other than just oil. Iraq has gold, silver, platnum and Coal. There are a lot of things to support the value of the dinar. Iraq is also debpt free! All the countries Iraq owed money to, that debpt has been forgiven. It may take some time for the dinar to reach it's peak but you can bet it will get there. We have all made a wise choice! As for if the Demo's get in office, they will not let this country fall. That will be a sure fire way to breed more terrorist groups and no administration is going to let that happen on there watch.

David, Iraq also has the 11th largest natural gas deposit in the world and the largest source of fresh water in the entire region. Bagdad stock exchange is open for business (ISX) and it seems like pepsico is going to buy Baghdad soda. As far as debt goes its the French that we are waiting on and Russia probably will not waive any debt so will see I hope my boat comes in with the Iraqi dinars I purchased here in Kuwait.

David, I forgot Iraq has volumes of dates and figs as well.

I have recently come back from Iraq working out there for a logistics company. I was sceptical about the immediate boom in the iraqi dinar, as inflation would simply cripple the economy. However I did by 2.5 million simply to put away for my 40th ( 12 years from now ) if I make money fantastic if not it was one hell of an experience working out there..... Sitting back and waiting is the best option, iraqi's are hard workers and its going to take time, but as I said I am no rush.... but you've got to live the dream.

Those of you who believe the Dinar is a bad investment because of the uncertainty of the countries future, think back to what the Dinar rate was before the 1st gulf war. Even with a SOB like Sadam ruling the Dinar was valued at three times that of U.S. currency. I have my 2.5 million and wished I had more. Good luck to all those who dare.

I have been working "Law and Order: here in Iraq for the State Department and I need to say that this country is going to make it. I've never seen such hard working people. During my travels through the streets of Basra, and some of the provinces in the south part of the country, everywhere people are cleaning-up and rebuilding. These people have the attitude that will make things work. These people are unified and determined. NOTE: I do not gamble but during the last 6 months, I have watched things starting to happen and it is good. I have purchased 2.5 million dinar and I have a gut feeling (a cop thing) it is a solid investment. Investors will not be sorry!

Hey Mr. Anti-Arab,
Have you ever thought about even if Bush is not re-elected then Iraq is not gonna fall apart,we are talking natural resources, name me countries that supplies oil, etc., huh!

yes there is very good chance iraqi dinar will go up and up in future.

I have purchased over 2 million in iraqi dinar. the only way for it to go is up. I believe it will happen in the near furture.
For all of those who invested....thumbs up to you. God Bless all you over there putting your life on the lines to make this a better place.

casey - In reference to your post about customs, I am thinking about the same thing here in Bahrain. I plan on doing three things. Fedexing part of it, opening an NBK or HSBC bank account, placing some of it in my check-in luggage in an inconspicuous manner and possibly doing the same for carry-on. I am not sure what postal options you have with base facilities, however, I would just try to split it up somehow. I have heard via another post on another site where Kuwaiti customs took a large sum of Iraqi Dinar and gave the guy $38000 in return. The guy made out in the short term, however, in the long term he may have gotten the short end of the stick. Do you know anyone that you can MPS it to so they can Fedex it back for you? (Not sure how legal that is either, but an option none the less and I wouldn't just send that alone.) Wish I could help more.

All very interesting points. Here is what I have figured out: For those worried about taxes, any gains made when converting IQD to USD will be taxed at the current capitol gains rate, either short term or long term, and thanks to G.W. the long term rate will drop over time. I think it is currently about 15% for long term gains(over 5 years). XE.com has the current exchange rate updated daily, and the federal site has a listed exchange rate that they pay when governments exchange money. What I would recomend for those interested in dinar instead of speculation about the daily rate, research economic factors...availabilty of raw materials, national debt, policys of the central bank ect. discount the power vacuum that has drawn the insurgents in and, then decide if you would like to invest in the sucess of the people of Iraq.

EW,
I will be leaving in a few days..from what I understand, traveling with less than $10,000 USD or eqivalent is O.K.. I've spoke to a few people and they say they went through customs without any problems, but the money has to be declared when entering the U.S.

To be on the safge side, I will split it up. Thanx for the info..

I definetly think that the Iraqi Dinar will go up in the next five years. I have just bought me a million Dinars and I feel really good about my investment. Even if its only going to go up by a fraction I will be making good money. So in the mean time I am going to sit back and watch it grow.

From what I have read the important meeting to (hopefully) wipe clean Iraq's debt will be late October in Tokyo. Expect nothing in the way of appreciation in the NID until at least then in my opinion.

To everyone thinking they will be rich overnight by amassing vast amounts of Dinar, stop now. I currently live in Iraq and it is an unstable situation at best. The Turks, Kurds, and Arabs must first get along and then rebuild the country together. There are many sins to forgive that many simply cannot. If you are a short term investor, put it somewhere else, Dinar is not for you. However, if you can stand to put some back and wait for years, possibly decades, then consider the ramifications. Before the first gulf war, the Dinar traded at USD 3.50 for 1 Dinar. Before the invasion in 2003, the Dinar still traded at .33 cents even with crippling economic sanctions in place. The Dinar now is worth roughly .0007 cents. Iraq has a long way to go before any return on an investment should be considered. Buy a few million, put it in a safety deposit box, and forget about it. In 5 or 10 years when the average Iraqi is riding around in their new Toyota or buying $4 latte's from Starbucks, wait longer. When tourists are flocking to see the cradle of civilization, opened for the first time in modern history to the average person, wait longer still. When you watch a special on T.V. about how Iraq with all of it's resources has flourished under an Islamic democracy, think about trading your Dinar in. In the time being, no U.S. bank will accept Dinar. There is no method to transport the currency back to Iraq. Air, rail, even postal service do not exist in Iraq. Banking, industry, and trade must come back on line before the Dinar can rise in value. When it does, it will do so slowly since the central bank will have a difficult time honoring the 4.5 trillion dinar cashed in by impatient investors. What might be the consequences however if you bought Dinar and held on to it? If you were to buy a million dinar at the current exchange rates on the ground in Iraq at 1400 to 1 USD, you will spend roughly $715 USD. If the Dinar were to raise in value to 1/10th of a penny, you would make $315. If it became worth 1 penny, you would make over $9,000 USD. If it went to pre-war levels of $3.50 USD, consider yourself very wealthy indeed with a nest egg of over $3 million USD. Make no mistake, this is an investment where you could lose all or part of what you put in. Invest what you can afford to lose and use Dinar as a portion of your overall portfolio of stocks, bonds, 401K's, etc. I personally will take a small gamble and bet on Iraq's long term future. Many will not invest in a "pipe dream" that sounds almost too good to be true. Those same people will laugh and say they were right and I have egg on my face if the Dinar never raises in value. To those people, I say you may be right. However if they are wrong, I will take the egg on my face poached and served to me by my butler with a bottle of 1959 Dom Perignon. Investing is always a gamble, sitting on the sidelines doing nothing is an even bigger one.

We should all give ourselves a pat on the back for destroying the bandwith of the first forum unintentionally by packing it with so much info.

Kevin Brancato,
Hey man, no problem. We all understand why you had to close the other page. The huge response and continued discussion has exceeeded everyone's expectations.

What I will suggest to everyone who has been on the original page for some time is to remember Kevin if our investment pans out like we thinkk eventually will. Remember when counting the money we make that he graciously provided the forum that allowed us all to share the information and become more informed collectively their our cooperative efforts.

Despite the probable migration over to an actual message board that is being created as I speak, I know I won't forget Kevin and I'll be sure to send him a token of my appreciation if my dreams come true with this small investment.

So, let's keep the discussion going on this 2nd page for now, and hopefully we'll have the new message board up and running within a week to give Kevin's wallet a breather. But always remember where it all started. My Premature Thanks to Kevin....

sorry for the bad grammar above. I typed it quickly ;)

test

hey it works

hello fellow million dinar "ers" 10 million here,I am a ex kbr employee just back from Iraq am if i can answer any????? fire away.......P.S. jacki2000 rules

M&M,and Tony are you here.

Blake,

The traffic you all have brought to my site is payment enough.

Your speculative winnings--or losses--are your own.

Keep me updated about the progress of the new bulletin board, and I'll direct my Iraqi Dinar traffic back to it.

kbrad,

You speak as if you know all about everything, and with absolute certainty regarding what you commented on. First off, the US banks will honor Iraq dinar exchange in the near future. That is a fact. There has been a presential order allowing US citizens to invest in Iraqi stocks, real estate, currency etc...It will take more time coordinating w/ the international community to remove Iraqi currency from the restricted currency list here in the US caused by past sanctions. As I write this, many foreign investors continue to pour millions into the Iraqi stock market and investments in this country. Secondly, the Iraqi people will not & cannot tolerate a currency worth dog (*&%$#$@!) much longer. Just these 2 factors ALONE (not including the vast wealth in Iraqi resources & US/world financial backing)will create favorable economic conditions more in the short term, rather than your prognastication reaching into the year 2015. All the Iraqi people still holding their dinars that were valued at .33 US cents before this war MUST have it return to or close to this, as to create maximum incentive for Iraqi's to beleive in their new gov't & incentive to have any desire to defend their new found freedom. Anything else would breed an inevitable revolution, and the total collapse of this country. Believe me when I say, the political movers & shakers understand this COMPLETELY.

In addition, If John Kerry was somehow elected (as much as I dread this), he would be commenting political suicide & his political career would be severely effected if he does try to quickly pull our troops out of Iraq, after several US soilders went their for this cause and after several lost their lives. Kerry would then be explaining to the numerous family members losing a son or daughter why they lost their lives for nothing, instead of continuing what they went there for. If Kerry is not thinking about this already, I'm sure he will be briefed countless times IF he beats Bush.

I think M&M went yacht shopping Blake......

What the ?!?!?!?

All that data !?!? This stinks. Kevin said we could post as long as we wanted to, poo!
That's was two months of research....

M&M,
The research is saved. Don't sweat it. go check the original page again. It's saved on a html page.

M&M, it is still there. Go back to the top of the old page and click on the HTML link.

Hope everyone finds their way ok. That little "more" wasn't much of a roadsign. I guess it was eventual after passing that 650 comment mark, oh well...

Whew... I'll take your word for it. Tony should be on around 11 tonight.

I last left off dreaming about a tropical island named Dinartopia... yachts, drinks with little paper umbrellas, and pearl divers...

Pearl Divers!?!

Any late breaking news since dinner?

I pulled the data from the IXS and laid it on a spreadsheet to play with. Looking for trends and big performers. I'm gonna try to track them and post whatever data comes out of it.
We also have to place a late call to Iraq to see how we can get involved with the ISX. Part of the problem I've been having is language...

I have to say I was a little thrown off on the switch to this continuation..but then again I had it saved to my fav.
This is such a great Forum.Thanks for the wealth of knowledge everone has contributed to it..It's funny even the people who speek negatively about the dinnar seem to have some sort of small investment in it (lol)

Iraq reconstruction projects pick up

www.myrtlebeachonline.com/mld/myrtlebeachonline/news/nation/9149082.htm

We are definately seeing a trend toward stories reporting Iraqi progress.

Heather == check this out !

http://www.goin2travel.com/islands.htm

Nice commentary by Blake -- Your right, hats off to Kevin for starting the blog and hosting us all for so long ! We may not have found each other without him :)

Again, sorry for the change of venue, but each page load of ~1500 comments was hitting me for about 1MB of bandwidth, with about 1000 hits a day! If I didn't do anything the entire blog would have been shut down in less than 5 days!

I'll make sure to have ample bandwidth to handle the traffic, but at the current rate of commenting, I'll have to post a new forum every week!

Thanks Cap -- Nice to see things are picking up in the re-construction. I was awed by how much fire power they need just to show up to work. That's a really tough job all those folks at KBR are doing. They deserve every penny...

www.gulf-daily-news.com/Story.asp?Article=86448&Sn=BUSI&IssueID=27113

Trade tips for Iraqi bankers

Let the modernization begin!

A little editorial comment from a newspaper in California....very funny

http://www.venturacountystar.com/vcs/business/article/0,1375,VCS_128_3034960,00.html

I do like, however, how he readily admits the fact that people have made hundreads of millions of dollars on betting currency will go up or down. Man, is he going to be kicking himself for not taking a $500 flyer on the Iraqi Dinar!

Thanks Kevin!

We are just busy as bees...

agreed!!! I really have appreciated all the ideas/information/ and fellow dreams that will hopefully come true for us all

I don't want to register :(
Blake, be a dear, and please paste the article for us :)

m&m ,

Where that sounds great to own a little slice of heven (island of our own) I don't think our investment of 2 million dinar is gonna get us there..but it is beautiful.

It seems to be just a little weekly "Dear Abby" of sorts for Finance Questions.

VENUTRA COUNTY STAR EDITORIAL
Dinars and all currency a risk
By Bruce Williams
July 14, 2004

Dear Bruce: You previously had an article in your column about the Iraqi dinars with the soldiers/civilians buying them. As soon as I threw the paper away, my spouse called from Iraq and told me he was buying some. My man wants to get on the bandwagon because everyone is doing this. Are these dinars going to be the huge hit everyone thinks? What is the downfall on this? Will they only be good for wallpaper? I told my husband I would send him your response. -- C.S., via e-mail

Dear C.S.: Speculation in foreign currencies is a treacherous road. Some have made hundreds of millions of dollars betting that a currency would go up or down. The problem with the Iraqi dinars is that many have been sold and resold to "investors" with huge markups. The chances of those people ever making a profit are very modest. Like many investment areas, currency speculation is fraught with problems, but there are substantial monies to be made. Would I speculate in Iraqi dinar given the instability in that country? Not on your life. A bet on a currency is a bet on the government of the country. Enough said?
END OF EDITORIAL ARTICLE

www.khaleejtimes.com/Displayarticle.asp?section=business&xfile=data/business/2004/june/business_june328.xml

Iraq prepares to issue first postwar debt

This is old news in a different format. But a couple of sentences stood out to me.

1.)The exchange rate fell from around 10 dinars to the dollar in 1991 to 3,500 just before Baghdad fell to US forces last year

2.)Iraqi officials were wise to resist the "shock therapy" approach to the Iraqi economy pushed for by some in the US-led administration, he added.

I had not read the U.S. was recommending a fixed rate over a float. And 10 dinar to the dollar? Where the heck did that come from? What happened to $3.20 to the dinar?

I disagree with his reply. I would (and have) invest just for the reasons he stated. IT IS UNSTABLE. and that is the reason we are able to get in for so cheap. If you simply analyse risk and reward... this is a no-brainer.

For example:
Risk $1000 to buy approx. 1 million IQD
If it goes to a modest rate of being worth $0.25, you cash in with $250,000 for only a $1000 investment.

That is like buying in on Microsoft or IBM as an IPO.

If the US does get what they want in a fixed rate, what will it be? and what will be the outcome of those of us who have invested in the dinar?

BK,
I think we all disagree with his reply. ;)

Thanks for that post Blake. A slightly weak argument from Brucey if you ask me. I think 75% of those on this blog with dinar could present a more educated defense if we were to try.

Good night all. Early day Thursday.

Ouch !
Maybe he's talking about the prices at Day Star Trading -- 555 usd to the dollar.

Very funny political cartoon animation

http://jibjab.com/thisland.html

Casey or anyone - What value in U.S. dollars can you bring back before you have to declare it? And...You can still bring it in after declaring it right???

I think in time we all will be rich. Iraq will be known as a country that said no to dictaters and
terrerists. Iraq will a model for the troubled Mid-East.

EW the amount is $10,000 US.

Stacey I know who you are, and I know where you work. So don't try to BS me, and yes KBR is paying you to chat.

I have a question.
Has anyone looked at National Bank of Kuwait's Exchange rates?
(http://www.nbk.com/NBK/TopBar/Rates/rates.htm)
The 'selling' column says .0002370.
Now since the dinar is selling at auction right now, and if i assume this is an auction price then, the 25k is selling at auction for???? Or am I missing something? Can anyone explain this to me?

i was wondering what the hell happened to our forum lol

damn most wana put there kids thru college and pay off there house,yall crazy mofus wana buy islands and air strips..lol

HA,the iraqi dinar on there site is going for 1239 not .00002370

Kevin Brancato - Thank you for giving us the opportunity to save the previous archived file. Lots of good info. Would have hated to lose it. THANKS!!!

I know that Tony:}
But can you tell me what the other columns are for?

kbrad,
i'm with you on the poached egg!!
M&M
thanks for picking up the island idea, as i read over and over in the comments--anything's possible!
heather,
shoot for the stars, 2mill dinar may do well
amer is great, hey?

I saw a nice little house I would like to buy with
my dinar when exchanged. It is in Jamica

Hi Jules -- All you need is a Dinar and Dream...lol :)

too tired...can't type...can't see keyboard =(

you sound like homer simpson lol

Man the blog juss stopped... and you all left me...
I'm fileing abandonment charges tomm...:P

Seems like things start hopping around 3 a.m.

I cant belive my post on portal Iraq "Iraqi dinar may appreciate" now has over 3000 views... That just goes to show how many people are checking this.

That is alot of hits. What is the address I would like to read it.

but out of 3000 only 1 person replied..lmao

No TV and no beer make Homer go crazy.... lol

I'm just wondering if anyone's decision here about the election has changed since they invested in the Dinar. Now that I have a stake in the success of Iraq, I'm wondering if there really is only one 'right' way to vote. lol

Jacquie

only 12:52 here,think im gona pop in some disturbed and see if people make some noise on here

im the last person to get political,but where does kerry stand with iraq and whats going on?

Al-Iteman Bank has just been added to the stock exchanged opened at 7 dinars a share.

The U.S. Agency for International Development (USAID) has announced the selection of a multi-million dollar Iraq Basic Education contract - otherwise referred to as the Education II contract - to Creative Associates International, based out of Washington, DC. The contract award provides funding up to $56.4 million over the next 24 months.

The Education II contract will focus on providing technical assistance to the Ministry of Education and empower its personnel to deliver quality education in Iraq.

The contract will specifically focus on enabling the Ministry of Education to conduct institutional capacity building of the Ministry of Education; to create model schools in each of the 81 sub-districts; train primary and secondary school teachers; procure supplies and equipment for school children of Iraq and promote and facilitate community participation in the quality of early childhood education

thats incrediable 56 million over 2 years wouldnt be suprised if teachers from here go and teach in iraq for more money

Question:

I am going to start buying dinars. I have read the many posts and plan on using either portaliraq.com or ebay users (dima89, jaki2000, or j.b. trader) to buy dinars. I am still unsure of just how many. I am a college student and can only really afford to spend about $200.

My question is this:

Which way of purchasing Dinars would you recommend (see option above)?

I can have them FedEx to my house right?

Is there going to be a problem with them Fedex'ing that much Dinar? Is it safe? Does it go through any customs over there or over here?

THANKS!

http://www.aljazeera.com/cgi-bin/news_service/middle_east_full_story.asp?service_id=2668 small article on t-bills

no problem with fedex'ing it,only thing with j.b trader make sure he actually has the stuff in stock i heard he doesnt really have what he claims and some people ended up waiting a long time bro

Dima89 has several packages under $200.I have purchased from him several times and was pleased
with the service.

http://news.bbc.co.uk/2/hi/in_depth/middle_east/2002/conflict_with_iraq/default.stm

yeah, JBTrader emailed me just a few days ago telling me that he didn't have it in stock. IMO he shouldn't have auctions up for what he doesn't have in hand. I've used Jaki2000 (real name is Fikri Kawar. He's in Amman, Jordan. He is one of the few international sellers that'll take a credit/debit card. He has you check out using the shopping card he has on his website where he sells local art, etc. It worked out great.

I think I will do the Ebay "Buy It Now" option for 125,000 dinar (to start)

I cant find the purchase/order page on Portaliraq.com???

oops. I meant to say the Shopping CART. Cart. heh.

Hi to all!!! Glad to see Tony, M&M, and many of the others from the old board on here and glad that I found my way back to this Dinar Think Tank.I am learning more each day just by keeping up with your posts. THANKS TO EVERYONE!!!

I just started reading. Great info and thanks to all those out there posting any info they may get. Every little bit helps.

Oz

I'm baaaaack. I don't say much, but I'm always here, reading. I'm not an authority and I didn't sleep at a Holiday Inn last night. Just think its better to stay silent and have people wonder how dumb you are than to open your mouth and remove all doubt!lol

That being said, I have over 3 mil nid, waiting on my last mil fron Amer.

See you in the islands...

Oh, I do open my mouth when I have info that no one has posted yet, but that's rare, lots of intelligent and dilligent people on this site.
(sure wish we had spell check)
Henry

Jerry
is my generator still running good?
if not, Clare is the one to see. he is pretty smart when it comes to them. I am relaxing at Walter Reed...and yes I will drink a real beer for you.Copedawg out

Tony said,
"but out of 3000 only 1 person replied..lmao"

What was there to reply about? I made a statement. Hell you wouldont be rambleing on about the ISX if I hadnt posted it any way now your the "subject matter expert" pfffft yeh right.
Suppiez Copedawg?! I'm happy to hear your o.k bro. I'm still at Arifjan same same. I,d say more but you know the security thang and all.... Take care man
Jerry

I,M PURCHASING ANOTHER 2 MIL TODAY FROM IRAQPORTAL FOR 1085.00 PERMILLION 5-8 DAYS DELIVERY GO IRAQ !!!!!

Al here ya go..

There is a chance to make a little money off purchasing Iraqi Dinar. Speculation like the stock market drives prices... When the Dinar is released on the world market the speculation at exchanges will definatly drive the price up. As demonstrated in January when the dinar went 1000 to the dollar. How high would it go up globally? Who knows.. but definatly not near its worth in natural and capital resources.

Iraqs Per Capita income is $400.00 Do you think it will still be $400.00 in 10 years? If you think yes the you might want to look at the more democratic states in the surrounding Gulf Region... Kuwait, UAE, and so on.

Another thing to think about is The Central Bank has allready started selling Dinars. The banks governer said that it helped double its foregin currency reserves to $2.4 billion.

Me personally I invested in the Iraqi Dinar when it was $1000.00 bought 100,000,000.00 Iraqi Dinar. In the ammout of 50,000,000.00 NID

But then again I live in Kuwait and have am working on getting an Iraqi bank account. I suggest all parties interested do the same.

Presidential Order 13303 allows you to do so. "U.S. citizens are allowed to invest in Currency, Stocks, Bonds, Real Estate and Buisness in Iraq."

True it doesnt say anything about banks or having a bank account... but stocks!!! Stocks require a bank account and if you do a little reasearch you can find existing private banks who are brokers for the Iraq Stock Exchange, and their contact info. I did. The idea here is to put a lil in stocks then have the bulk of the cash idle in the account as the economy grows. Unless you want to actually invest in the stock market... thats a whole other subject that makes money, I'll give you a little taste..

Baghdad Soda Company is listed on the "ISX" its not really even moving as the stock exchange in Iraq is about 10 days or so old (just reopening). Lots of web sites list the contracts won and whos bidding on them. I know for a fact that Coca Cola is bidding on Baghdad Soda Company but is hesitant on doing any thing because of the security. If you were to buy shares now and then later Coca Cola buys them imagine the money you make?!

I suppose the Key Word there is "Security"... Well if you been reading the news you might have been hearing the answer to that problem.

Two words... "Martial Law" look it up in history and get a general idea of it. Youll come to find out its pretty effective. Its only a matter of time...
Jerry

Here we go, let's give it a try..

I have set up a new fully featured forum on http://www.investorsiraq.com/

I invite you all to register and have fun. I really hope this will help us disscuss investing in Iraq in a more efficient way!!

Let me know what you think,

Dan

correction to that post...
"Pepsicola signed a contract with Baghdad Soda Company september 23rd 03 and are hoping to employ 2000 plus Iraqis over the next several years.

jerry get real bro wheather you posted it or not eiter I or someone else would have found it bro not like you broke into some government computer and stole clssified stuff,i mean look at this board you can post askin the simplest of things and get 20 replies easily im just saying that board is a waste theres no traffic and if you dont like my rambling on,then dont read what i post lol

hey guys try out dans website it looks sweet,and with this format he has many will get there questions answered im signed up there has my name here tony,jerry you know i screwen with ya man lol

http://www.rebuild-iraq-expo.com/news_details.asp?id=380 60,000 iraqi people employeed now,this is good for the economy

It has a hit meter though... so that tells me 1 of 2 thigs...
1. Alot of people have the NID and are watching
2. Alot of people want the dinar and are extreemly curiuos.
Which kind of foreshadows the whole "Speculation at the open driving price."
Hell if I would have sold at the open when my LGF stock was being pumped by the Farenheight/911 movie I could have made a smooth grand in 3 days.

As for breaking into computers... lets just say I came a long way from vb c++, Back on AOL 2.0 when nukes actually worked. Even though most of my friends abandoned me and went with unix or linux, I chose to stay in the windows os area.
Also those people who are in the middle east out here have a bit more edge on info than you all Fox News watchers back at home.

i dont like fox news lol

Jeez guys, blew up the bandwidth did we? Be prepared to do this again, too many people tuned in to this little saga! Anyone on the ground know what prices for goods and services the Iraqis are paying currently. Price fixing can't last forever, I doubt the powers that be will allow inflation to swamp the Dinar's value at opening. Sooo many variables we're trying to figure out.

C'mon Dinar!....

Jack try http://www.investorsiraq.com

Mahdi wants 95-100% cancellation

Adel Abdul Mahdi, Iraq's Finance Minister, told Gulf News on Monday: "We are asking for some major forgiveness, to wipe off at least 95 per cent of the debt or 100 per cent. We will have hard discussions with the IMF and the Paris Club in the coming months," he said. We are hoping that by the end of 2004, an agreement will be finalised in favour of Iraq and that the country will be cleared of the huge debt that according to Paris Club figures is about $120 billion."

i read most are willing to forget the debt,as long has they are given contracts to do business in iraq and only

Abassador Rahim says aid low and debt demands high

The LA Times reports that only about $1bn of the $13bn pledged to Iraq at Madrid last October has actually been given to the UN and World Bank funds established to manage it. Rend Rahim, Iraq's ambassador to the United States, said the aid "is much, much lower than what Iraq was promised.... We shouldn't be set adrift, on our own." She also told an audience at the American Enterprise Institute in Washington on June 29 that "so far, we do not have any serious pledges for the reduction of Iraqi debt." She criticized countries that have been unwilling to forgive more than a small portion of the debt, saying that the creditors "really want their pound of flesh."

World Bank economist opposes deep cancellation

"If 98% or 100% of the Iraqi debt is simply canceled, then it may be seen by other middle-income countries like Turkey as a kind of unfair treatment, in the sense that they also have a lot of debt and find it very difficult to live with that debt," World Bank Chief Economist Francois Bourguignon said at a press conference in Tokyo.

Foreign Minister Hoshyar Zebari met with Romanian Foreign Minster Mircea Geoana today. Speaking at a news conference, Geoana said the Romanian debt claim was about $2.5bn. This is a significant increase on the $1.7bn figure which was quoted in April 2003. A small increase might come from interest over the last year and from the devaluation of the dollar (depending on what currency the Romanian claim is denominated in), but the increase of almost 50% is worrying.

Geoana said "It's is important to understand that for the short run, the Iraqis will need all the resources they can get," and he said "creative methods" for dealing with the issue are needed, such as boosting Romanian investments in Iraq, or the import of Iraqi oil. Zebari said that there is agreement that the solution should come through the Paris Club of creditor nations, but that Iraq will need "postponement (of IMF demands $80m from Iraq

The IMF spokesman Thomas Dawson said the Fund will recognition the interim Iraqi government and push new loans provived Iraq pay it $80.5m in outstanding claims.

At Madrdid last October, then-IMF Managing Director Horst Koehler indicated the IMF could make loans of $2.5 billion to $4.25 billion to Iraq over the next three years. The World Bank, has indicated it is prepared to lend Iraq between $3 billion and $5 billion over the next five years.

Dawson refused to confirm published accounts that the IMF's recent report looked at various levels of debt forgiveness, from 67 percent to 95 percent of the arrears. "The scenarios don't contain any recommendations for a particular level of debt relief," Dawson said. "That is a decision for Iraq and its creditors."
June 29, 2004
Saudi & Kuwait demand reparations

Reuters reports that at the UNCC meeting Kuwait and Saudi Arabia continued to call for their pounds of flesh.

Turki bin Nasser bin Abdulaziz, president of Saudi Arabia's meteorology and environment department, declared: "Iraq has the ability and the means to compensate for all of the damages it inflicted on the claimant countries," and failing to hold an aggressor fully accountable would set "a dangerous precedent." Saudi Arabia is seeking more than $28 billion for damage to its environment caused by Iraqi troops setting oil wellheads on fire as they fled the US-led coalition in 1991.

Khaled Ahmad Al-Mudaf, chairman of the Kuwaiti body assessing compensation claims, told the UN commission there should be "no delay or interruption in the receipt of funds". He said he was confident Iraq would abide by the Security Council resolution.

Jubilee Iraq was protesting outside of the UNCC meeting.

The new forum looks great but it is somewhat cumbersome to navigate. Is there a way to see all the contents of the thread at one time?

Dan - I appreciate the effort, however, what makes this board so successful is the fact that like M&M said in an earlier post. We don't want to register, signup or any of that. Yes we want to post anonomously...Until everyone leaves this board...I am commited here.

EW:
The registration process only requires a username and password, which is exactly what you are doing on this board.

the sweet thing is if you have a pirticular quesiton it will get answered cause theres different catigories for everything here alot of the questions dont get noticed

Kevin - Whether you are using ASP or Perl I am sure you are good at what you do. I use ASP because I don't currently have my SGI running IRIX to work with Perl all that much, however, I can think of only two possibilities to cut down traffic:

1. Set cookies somehow so that when a person visits, they only see the posts they hadn't seen before with an optional like to view all posts.
   
2. Display only X number of posts, say 20, with the option of viewing all posts for a day and then "archiving" the posts weekly and putting a combobox on a small top frame or on the page itself to list all the "archived" weekly posts.

   Now the thing here is this: I assume this is driven with a database rearend. If so, you wouldn't actually be "archiving" anything, you would just be modifying the query to pull the applicable data.Just my two cents!!!

   I love the format of this board the way it is, however, I understand the concern as far as bandwidth.

   Don't worry, once the dinar starts creeping up in a couple of years...You will be able to purchase a dedicated T-1...LOL...;>)

Oops:

Paragraph 1) should have read "with an optional link to view posts."

tony - Most questions will get answered if they are serious and ask them again. I just don't like having to click each sub-category to get up to speed on the latest info. I think it is inefficent for us as a whole.

This is my routine. First thing in the morning I logon the the net and click this link, I continue preparing my morning coffee and come back and I can read it like a newspaper (even better because I just scroll down while sipping my coffee.) I read EVERYTHING where as with the sub-categories I have to click and wait for each page to download because I don't exactly have a cable modem out here in Bahrain and I suspect that many of our posters from IRAQ don't have a fast connection either, each time I have to click a subcatergory, I have to wait for a brand new page to appear which cuts my available reading time in half.

This is only my opinion and I love the board the way it is.

Great forum for us...Heck...I wich the intelligence agencies would consider such a forum...LOL

Errr...."I wish the intelligence agencies..." NOT "I wich..."

fsm75 - I have never supplied a username or password for this board. I came across it in a search and posted freely ever since...Maybe to the regret of you all...LMAO!!! :>)

I guess the reason I love it is because it follows the KISS method.

EW:

I understand what you are saying about having to wait for each page to download. I do find the old board to be easier to deal with in that you can quickly read every thing with just one download of the page. But, remember you do have to refresh to see anything that is posted after you complete your first load. However the new board is effective in that you can easily read new posts without having to find where you left off.

We would love you have you join us on the new board. Your opinion and input is respected and needed.

i think weve just grown attached to this board it where we all met,lol but im still gona come here everyday and pass info and get info both 2 boards are better then 1

All,

First, you should all know that although I own this board, I do NOT own the Investor's Iraq Forum. Even though I'll be losing a lot of traffic, I think it is a good idea for people to move to the Forum...

Second, I'm not a programmer, and configuring the comments so that only the last X are viewed is beyond my capabilities at the moment. I'm writing a Ph.D. dissertation, and don't have the spare time to learn the requisite details of Movable Type to make this work.

Finally, I don't actually own any Iraqi Dinar!

kevin i guarntee you,you wont lose traffic this is our home,we all met here we were all educated here were not gona turn our backs to what has helped us get inches closer to invesments potential

fsm75 - I hear what your saying and I have in fact bookmarked the page as I have done with many a page. I will try it for a bit to see if it grows on me, however, the categories need to be explicit to keep us there. He has a couple that are, however, the Forum and the lounge leave people to feel that have to visit both in order to get all the Information.

If it were me, I would do the following:

• No registration necessary.
  
• HTML Allowed for ease of referencing and 'Eye Catching'.
  
• Sub-Categories would be explicit. It is an Iraqi Dinar site...No need to insert the words Iraqi Dinar blah blah blah...
  
• Straight and to the point sub-categories.
  
  
  
  • Taxes
    
  • Rates
    
  • T-Bills
    
  • Stock Exchange (ISX)
    
  • Travel With Dinar
    
  • Speculation
    
  • Opinions
    
  
  
  

  That said, many folks like tony, Jerry, M&M, fsm75 and others have provide valuable info that relates to all topics which may only get posted in one sub-category.

  This is why the intelligence community failed! Not everyone got the same info because they were reading different posts!!!

  Just trying to hold on to a successful board here.

  I hope Kevin will consider my suggestions so we can keep this board open, however, if I am left with no other option, I will be joining you Dan's board.

  Dan - What bandwidth to you have? It sounds like you are not unlimited? What can we do to help?

Major Errr.....Kevin not Dan, What bandwidth to you have? It sounds like you are not unlimited? What can we do to help?

hey guys just got another "package" from Amer he ships fast!! go dinar.

hey Q did you pay by credit card? if so how safe are his transactions?

Q:

Where are you located and how long did it take you to receive the package?

What do you think of a blog devoted solely to the Iraqi Dinar hosted for free? There are no bandwidth limitations, and you could add 50,000 comments without anybody compaining! (Anybody who would like to fully control and manage the Iraqi Dinar Blog, please email me at kevin-at-truckandbarter.com).

I would have let you all post as much as you wanted on T&B, but as the number of comments gets larger, the bandwidth for each page load gets larger too--and yesterday it became exceedingly large, with each page load taking about 1MB. Yesterday, I used 2GB in 24 hours! My plan has only 19GB per month! That's why I had to shut down the other page.

There's nothing that can be done except to shut down comments when they hit a prespecified limit, and start a brand new page. This is very difficult to manage actively, so I regretfully suggest the conversation move to the Forum or the new blog.

i must say this board has really grown and exploded with info

I am new to this and i am curious to know, if the NID is at around 1460 does it need to go lower or higher to be worth something? I hope this makes sense.

It needs to lower. most of the people on this blog have moved to investorsiraq.com. Feel free to join us!

hey Al, i believe it needs to go down....right now it's 1 USD = 1460 IQD. If it goes down to 1 that would mean 1 USD = 1 IQD. make sense? make sure it's converting USD in to IQD not the other way.

Yes it does, thank you. Great site, very informative with some very intellegent people, all with different views to look at Thank you.

Yes it does, thank you. Great site, very informative with some very intellegent people, all with different views to look at Thank you.

oops, double tapped.

most good soldiers do

Those interested in the ISX, here is a list of brokers and email addresses. I am interested, but, honestly, am not that knowledgable about them

B110 Alsinaee Bank alsinaeebank@isx-iq.net
B120 Alzeraee Bank alzeraeebank@isx-iq.net
B130 Rafidain Bank rafidainbank@isx-iq.net
B140 Rasheed Bank rasheedbank@isx-iq.net
B150 Baghdad Bank baghdadbank@isx-iq.net
C160 Okadh Co. okadh@isx-iq.net
C170 Almutahida Co. almutahidaco@isx-iq.net
C180 Alkassab Co. alkassabco@isx-iq.net
190 Alkhaleej (Canceled) Alkhaleej (Canceled)
C200 Babel Co. babelco@isx-iq.net
C210 Alfurat Co. alfuratco@isx-iq.net
220 Altayseer(Canceled) Altayseer(Canceled)
C230 Altemeem Co. altemeemco@isx-iq.net
C240 Alsadoon Co. alsadoonco@isx-iq.net
C250 Aliraq Co. aliraqco@isx-iq.net
C260 Dijla Co. dijlaco@isx-iq.net
C270 Alshimal Co. alshimalco@isx-iq.net
C280 Alrafidain Co. alrafidainco@isx-iq.net
C290 Alhayat Co. alhayatco@isx-iq.net
300 Summer (Canceled) Summer (Canceled)
C310 Albaraka Co. albarakaco@isx-iq.net
C320 Alshorja Co. alshorjaco@isx-iq.net
B330 Altijari Bank altijaribank@isx-iq.net
C340 Aljawhara Co. jawhara@isx-iq.net
C350 Aljazeerah Co. aljazeraco@isx-iq.net
360 Alsibeer(Canceled) Alsibeer(Canceled)
B370 Alislami Bank alislamibank@isx-iq.net
B380 Istithmar Bank istithmarbank@isx-iq.net
B390 Alsharq Alawsat Bank sharqawst@isx-iq.net
C400 Alfawz Co. alfawzco@isx-iq.net
C410 Alhikma Co. alhikmaco@isx-iq.net
C420 Alwafa Co. alwafaco@isx-iq.net
C430 Alhatar Co. alhatarco@isx-iq.net
C440 Alnibras Co. alnibrasco@isx-iq.net
C450 Alrabee Co. alrabeeco@isx-iq.net
C460 Alwaha Co. alwahaco@isx-iq.net
C470 Nainawa Co. nainawaco@isx-iq.net
C480 Alqidwa Co. alqidwaco@isx-iq.net
C490 Alatlas Co. alatlasco@isx-iq.net
C500 Alaseel Co. alaseelco@isx-iq.net
C510 Alkarmal Co. alkarmalco@isx-iq.net
C520 Alaman Co. alamanco@isx-iq.net
B530 Alahli Alirqi Bank alahiraq@isx-iq.net
B540 Almutahed Bank almutahedbank@isx-iq.net
B550 Alaqari Bank alaqaribank@isx-iq.net
B560 Albasrah Bank albasrahbank@isx-iq.net
B570 Dar Alsalam Bank darslambank@isx-iq.net
B580 Babel Bank babelbank@isx-iq.net
B590 Summer Bank summerbank@isx-iq.net
B600 Alkhaleej Bank alkhaleejbank@isx-iq.net
B610 Alietiman Bank alietimanbank@isx-iq.net
B620 Alwrkaa Bank alwrkaabank@isx-iq.net
B630 Alieqtisad Bank alieqtisadbank@isx-iq.net
B640 Albaraka Bank albarakabank@isx-iq.net
B650 Almousel Bank almouselbank@isx-iq.net

you know what alot of people must still be going to the old page and cant post so they thing the board is down it took me awhile to find this new page i think thats why its been slow

Street life revives in Iraqi capital
A reporter sees brisk watermelon sales, and other signs of normalcy on a hot July night.
By Dan Murphy | Staff writer of The Christian Science Monitor

http://www.csmonitor.com/2004/0715/p01s03-woiq.html

Hey EW could you email me your suggestions as to how to make the new forum better?

Also, check this page out:
http://www.investorsiraq.com/search.php?searchid=68

It shows all the new posts in an orderly fashion.. let me know if this looks good.

Dan

hey guys just got back. I am in Texas and my order took 3 days to get here. And yes Amer takes credit cards and ATM {check cards) super fast service plus brand new bills!!!

I got another load of NID in the mail today and they have small amounts of writing on them. Will this matter?

Hey Tony and all,
INFO FROM CENTRAL BANK:
Here is a reply my husband sent me in regard to the source of his information about the dinar notes getting REISSUED and his input:

to your question,it was put out by the powers that be,central bank of iraq,they said that once the 25,000:10,000:5,000:dinar notes get turned in for exchange,they will not reissue them to the general public,but:that is a no brainer,how often do you see,or even hear of such large notes being available to the public?
it only happens when situations like we have here in iraq come about.it happened 12years ago in kuwait,but now only 20, 10, 5, 1, 1/2, 1/4 and change are available to the public in kuwait. so eventually that will happen in iraq too.
but as usual poeple get confused.

I'll catch up on reading the posts in the evening. Even though by then a lot has been said.
Thanks.

Everyone,
Come over to the new message board put online today. We're just getting it started and will trasnfer all the important info over soon, but that's where everyone is going....

http://www.investorsiraq.com/index.php?

P.S. Ha, thanks for officially confirming what some of us have been saying for awhile. See you over at the new board!

Everyone! Please stop telling your friends, family and anyone else about Dinar investment opprtunities!!! Already, half of the Bremer dinars that have been invested have been smuggled out of Iraq AND BOUGHT UP BY SPECULATORS LIKE OURSELVES! For the country of Iraq to flourish in the future the currency must stay in the country!! If we are all to make fortunes we need to shut our mouths and stop telling people about it! SIX DEGREES OF SEPARATION CAN RUIN OUR INVESTMENTS!!! Don't you think that if more than half the money gets tied up in foreign investment the possibility of Iraq switching to another currency is impending? I welcome comments.

Noel,
Umm.....no. That is not how commodities markets work. sorry, man The full explananation to that question can be found on the original page somewhere, but I'm running thin on time and can't post it.

Please see ths website all people are interested in new iraqi dinar. This saying about new iraqi dinar will change after iraqi election.

http://usinfo.state.gov/mena/Archive/2004/Jan/30-733354.html

Noel,

I was already schooled on this line of thinking...in short, tell everyone. The more the merrier. It will actually drive up the demand and, ultimately, our bank accounts.

Peter,
It says it "may", NOT "will"....

"Once there have been national elections, and there is a new Iraqi Government, the new Government may introduce new notes, or a new currency. But this will be further down the line."

While you make a point of concern, we have previously listed several detailed reasons why we strongly think that will not happen. And in the unlikely event does, there will surely be an exchange period and we will figure out a way to exchange our dinars within that period.

KEVIN-thank you very much for this web board.fireman from fla doesnt feel alone any more.if ever in fla,ive got the the dinner and drinks.thank you again.

hey guys,
don't forget about the dinar blog (link at top),
has a good format
registered as well at the "investorindinar" sight
later,
jules

i mean the investor's iraq forum:)

OK THIS IS KIND OF IMPORTANT ITS WHAT THE MONEY DEALERS DONT WANT YOU TO KNOW...

Fake Money Undermines Confidence
Even the introduction of a new currency has failed to end the old problem of counterfeiting.
By Mohammed Fawzi in Baghdad (ICR No. 65, 01-Jun-04)
The only thing distinctive about the counterfeit 250 Iraqi dinar note is a slight discolouration of the dye and a missing horse's head watermark.
Slight as they seem, these differences portend the return to Iraq of a problem many people hoped had disappeared with the introduction of a completely new currency last December.
Until then, Iraqis had been using stacks of "Saddamiyat" – 250 dinar notes which carried the portrait of former President Saddam Hussein – whose cheap paper and dyes made them easy to copy.
For many Iraqis, the flood of counterfeit money under the old regime symbolised the weakening of the economy under sanctions imposed by the United Nations Security Council.
Many people are beginning to view the surge of new counterfeits as the latest disappointment in post-war Iraq.
When the Saddamiyat bills were replaced with new notes last year, the Coalition Provisional Authority claimed counterfeit currency would be much more difficult to produce.
But to the surprise of many people, fake banknotes from 250 dinars all the way up to 25,000 dinars (about 18 US dollars) began appearing just months after the introduction of the new currency.
"We didn't believe it when we first heard about forged money, but after a while we found that it was in wide circulation," says Abd al-Hadi Rahma, 32, who owns a Baghdad currency exchange.
"We are back to the same old situation that we had under Saddam, when forged money spread nationwide without anyone doing anything about it," Rahma says.
Officials were reluctant to comment on the new development.
Ghassoun Samuair, director of accounts at the central bank, confirmed that forged currency "is a problem" but he referred further questions to the Ministry of Finance and the CPA.
IWPR’s requests for interviews with the CPA and the finance ministry were turned down.
Neither bank officials nor money changers had any idea who was behind the counterfeiting, but it is assumed that the forged money is being printed abroad.
Wherever they come from, though, the forged bills are depressing the value of the dinar, money changers claim.
In the months since the release of the new currency, the dinar has soared in value to just over 900 to the dollar, only to fall and eventually level off at 1,400 to the dinar.
"There used to be a great deal of demand for the new currency, but now there isn’t any longer," said Taleb Said, who works at Baghdad’s Jamal exchange. "Kuwaitis and Jordanians bought a lot of the new currency, but now the demand is less because of the counterfeiting."
The fake currency has also depressed domestic confidence in the economy, with some people expressing fears that their salary might be paid in the notes, or that they could receive counterfeit money in commercial transactions.
Iranian pilgrim Shiraz Shahinaki, a visitor to Iraq's Shia shrines, was shocked to find that no one would accept the dinars he purchased to go shopping.
"Oh Iraqis, how quickly did they forge your money!" he lamented.
Some people see one silver lining in the new currency, since – real or fake – it no longer depicts Saddam.
"I don't care whether it's forged or not," said taxi driver Riyad Mushtiq Salman, 34. "The important thing is that we got rid of the tyrant."
Mohammed Fawzi is a trainee journalist with IWPR in Baghdad

Jerry - I don't think there's any truth to any "large" widespread counterfeiting problem with this new currency. It is easier to conterfeit US dollars than it is for the new dinar. I smell an altrerior motive behind this story...Perhaps to help stop the problem with smuggling dinars out of Iraq for investment purposes(keeping it in the country)or a terrorist circulated rumor to create panic/shock for the Iraqi peopple and their new found freedom. You will never convince me these notes are conterfeit nor will they be counterfeited anytime in the near future. Too much sophistication & cost behind printing these w/ De La Rue printing co. My gues: Terrorists at it again attempting to instill fear in people, thus creating a break down in confidence/progress. ANY ANY THOUGHTS??

CONTERFEITING ALREADY ??

No way! I tend to agree with Jack on this one. Just matching the paper quality alone would be an enormous, virtually impossible task. This doesn't even include precision of the high-tech sophisticated printing. In addition, after numerous 747 aircraft flew abroad in Iraq to distribute these new notes to banks in late 2003, every single one of the banks & staff members received extensive training on the handling & most importantly on; Detecting conterfeit notes. Any efforts made to duplicate these bills will easily be identified. That is , easily identified by someone with a pulse!

I'm not even concerned about this bogus story: As Jack said, high probability with terrorists playing on the fears of everyone involved. One man writing this article can easily have been compensated nicely by terror thugs and/or connected to them in order to do what they do best. ATTEMPT to generate fear!

ben/et.al.--i must admit that i am increasingly of the mind that not only could such rumours of counterfiet (sp?) bills be a hoax, but so too the rumours of a currency exchange! i'll not re-hash any of the arguments debunking these specious assertions, as i believe them to be, because of the expert way in which those on the blog (and at the iraqi investors forum) have systematically called them into question. but again, comments from people about counterfieting and currency change strike me as scaremongering! you know, a sort of a "stay-away-from-the-currency-scaremongering-so-that-"i"-can-cash-in" scheme! ... or may be i'm just rationalizing things again ... or perhaps preparing my defense when the wife finds out i've spent money on this;-)!!

i have a question, how does the conversion go, for instance, if 1460 NID = .00007(if thats correct) USD, how do they arrive at that number? what is the calculation, does anyone know? i am curious to see where the Dinar has to get to to be equal to .01. or is this a irrelevant question. thanks

to find out what your dinar is worth divide the amount you have by 1460 the lower the number gets the better for us so if it goes down to 25 dinars to 1 u.s currenct then divide the dinars you have by 25,once it reachs 1 then that means for every dinar you have its worth 1 dollar.

I have bought some dinars. And just reading newspaper articles, The new central bank in iraq says that by the end of the year, it will go up at least 17%. Now that is Iraq economy. There is no doubt in my mind that this is a good investment. Many companies have invested millions in dinars. And I bet you that those rich bastards in congress also invested. I'm a believer?? I want more!! There is never a problem of being to rich!!!

Oh yeah to find out what your dinar is worth go to oanda.com or yahoo currency converter. I recommend to go there to see how much your dinar is worth

Hello...... Hello........ is anybody here . Hello. Hey I thought you guys said that two sights were better than one. Well you guys must have forgotten where you all came from. I made one post but I really enjoy reading a constant stream of information. The other sight is OK but it is not the same. Yes, I too am a Dinar junkie. Im addicted but I dont like the new product. I want the old product back.Again someone said that two site were better than one . It looks to me like this one is over.
I'll still be here reading if someone post. and i guess if push come to shove I'll go to the other site.

Kevin B., do what ever you need to do to get you traffic back to this site Bro.

BO,

I am not so arrogant as to believe that I can control my readers. They came by themselves, and will leave the same way...

I agree with you, Bo
I much prefer this stream type format. The iraqi dinar blog is similar, but i expect can take on more volume than this one. hope more people try it.
The other one is cleaner in how it fragments everything, but i can't tell where anybody is and follow conversations:(
jules

Jules
Did u see the time span between post,1:33pm-10:31pm. they all jumped ship. (as if this one was sinking)

yeah,
kevin was having trouble with band width because of the large volume of responses.
That's why you see the links at the top for the iraq forum and the blog. he wanted us to move on,because of the volume,to an area that could handle it better.
unfortunately most went to the forum site. the blog site format is more like this one, which i like.

he mentions the issue in earlier posts

ALL - I am still here!!! I am on the weekend now and haven't been able to post lately, however, I do check it daily and read!

i do my best to stop by and answer what i can

Iraq stock exchange poised to rally in 'Japan' of Middle East -
http://news.yahoo.com/news?tmpl=story&u=/afp/20040716/wl_mideast_afp/iraq_economy_stocks_040716161703

Just a reminder - Tomorrows the big day!!! New T-Bills coming out JULY 18TH

Bill from DC,

Posted by: Bill from DC at July 16, 2004 11:34 AM

I expect you to say what you mean... What do you mean???????????????

BF

Tony,
You Da Man, I knew you would not forget where you came from.

Iraq is doing fine. Those who invested will be rewarded... There are NO counterfeit concerns at all...Those who refuse to agree will be financially punished! Keep the dinars rolling...

i doubt anything will happen when the dinar untill late december or early janurary right around elections

i like this site too. i got a few bills in the mail today with a little hand writing on them dose any one think they will be a problem to cash or deposit ?

Q - I think everyone is paranoid right now as far as the writing thing goes. I think in the long run it won't be as big of a deal, however, if the opportunity presents itself and it is a concern then for exchange them if not for any other reason than peace of mind.

could someone tell me what aTBill is and what effect it will have on the Iraq Dinar cus i dont have a clue. From the UK so be easy on me.

Vol XXVII NO. 119 Saturday 17 July 2004

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Iraq 'can become Japan of Mideast'

BAGHDAD: Iraq has the potential to become the Japan of the Middle East, and its revamped stock exchange, which is already trading at record volumes, will soar as a result, executives at the bourse predicted yesterday.

But it will take time, they admitted, as the interim government struggles to end a 15-month-old insurgency that has bred chaos during the US-led occupation.

"Iraq is a very rich country potentially," Talib Al Tabatabie, chairman of the bourse, said at the well-guarded stock exchange building tucked away behind a large hotel in Baghdad.

"It needs only efforts to redevelop it again and you will have one of the richest countries in the Middle East," he declared.

"Iraq is by all means a futuristic country. ... I have a strong faith that the economy of Iraq will be one of the healthiest, strongest economies in the Middle East and that of course will be reflected in the stock exchange," he said.

"If I am to be permitted to dream... Iraq will develop into the Japan of (the Middle East), and it wouldn't take a long time."

The product of more than a year's work by 12 brokerage firms and banks that jointly own it, the Iraq Stock Exchange has 27 listed companies, with about 100 more due to go public in the next month and a half, the executives said.

These firms have an automatic right to float as they were part of the former Baghdad exchange, which was dissolved after the March 2003 US-led invasion of Iraq, but new companies are also clamouring for a piece of the action.

"The total number of listed companies by the end of this year is expected to be around 180 or 200 companies," Tabatabie said.

In its first morning of business on June 24, more than 500 million shares were traded - more than the Baghdad Stock Exchange ever achieved - with shares in just six companies changing hands, and the volume is expected to keep rising, said chief executive Taha Abdulsalam.

Twelve companies actively traded on the second session on Sunday, July 4. Their aggregate share price at the end of the morning was $2.66m, up from $2.21m at the start, for a 20pc rise, the exchange said in a statement, adding that 560m stocks changed hands.


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and more ...

The dinar is going up so just buy it and wait...
Just do it

here's the blog kevin set up that can take more volume
http://iraqidinar.blogspot.com/2004/07/open-thread-on-iraqi-dinar.html
format similar to this site
jules

i posted some info there you may or may not have

Jules,lets get everyone over to the blog site if possible. It's much better than the forum site, to me at least.

Tony, do you remember what you posted,

" kevin i guarntee you,you wont lose traffic this is our home,we all met here we were all educated here were not gona turn our backs to what has helped us get inches closer to invesments potential "

Posted by: tony at July 15, 2004 10:28 AM

Not tring to put you on blast bro but lets face it, this blog is done with out you guys. The investor iraq forum is no where like this one. Kevin B (Truck & Barter) has put a new blog together . Just like this one but with different threads. You get the same constant stream of information. much better than the forum. At least I think so. Kevin has a link at the top of this page.
Iraqi Dinar Blog not Investor Iraq forum. try it and see. I just dont like the fact that everyone jumped ship and this one was not sinking. dont get me wrong im not hating on the new forum, not at all. I just like to read the constant flow of information. I dont want to sound like I'm crying but yesterday there was a 9 hour period of no posting.

im here bro,but im not gona lie the other board is nice when you have a certain question or are lookin for certain info you know just where to go to find it or ask it,but i havent deserted this board,,why arnt you over at the other board too you dont have to turn your back on this board just cause your a member over there.

HAVE YOU SEEN THE OTHER SITE . IF SO WHAT ARE YOU THOUGHTS .

HAVE YOU SEEN THE OTHER SITE. IF SO WHAT ARE YOUR THOUGHTS .

IM OVER THER TOO BUT I JUST LIKE THE CONSTANT STREAM OF INFO. CHECK IT OUT KEVIN HAS THE LINK AT THE TOP OF THIS BOARD. THE IRAQI DINAR BLOG

9 HOURS OF NO POSTING THAT TURNING YOUR BACK . (THIS IS NOT DIRECTED TOWARDS YOU. JUST IN GENERAL)

bo, i gave them the url at the forum site, don't know if they looked at it--site won't come up now.
hope to see more on the blog
I agree, tony, i like the organization of the forum, but i miss the collective interaction like in this format
why can't we utilize both?
jules

WATCH , THEY WILL ALL COME BACK HOME NOW.

that seems to complicated entering blog title and blog address what the hell is that..lol and it wont let me use my name say not available...i'll try again later.

WHICH SITE

http://iraqidinar.blogspot.com/

http://iraqidinar.blogspot.com/

http://iraqidinar.blogspot.com/

THE FORUM SITE IS WELL ORGANIZED. THE BLOG SITE IS ALSO. CONSTANT STREAM OF IFO IS THE KEY. NOW I CANT GET ON THE FORUM SITE

INFO !!!!!!

Iraq prepares to launch bond market - July 16, 2004 15:53GMT -
http://news.bbc.co.uk/1/hi/business/3900627.stm

Dutch to write off some Iraq debt - July 18, 2004
http://www.gulf-daily-news.com/Story.asp?Article=87043&Sn=BUSI&IssueID=27120

Any of you folks up north in Iraq heard from your contacts as to how the Bond sales went?

In an effort to keep this board streamlined and so Kevin doesn't have to create a new page every two weeks due to bandwidth restrictions, I am requesting only one response unless your info differs from a previous poster.

Would everyone be so kind as to paste the links versus the stories. I really love this forum format and would like to get the most out of it. Thanks!

IT'S GETTIN' BETTER EVERYDAY...

• 45,000 mobile phone subscribers in S. Iraq - July 18, 2004 - http://www.khaleejtimes.com/DisplayArticle.asp?xfile=data/business/2004/July/business_July311.xml§ion=business&col=

  
  

• Iraqi Prime Minister Iyad Allawi to seek debt write-off in Mideast tour - July 18, 2004 - http://www.khaleejtimes.com/DisplayArticle.asp?xfile=data/business/2004/July/business_July295.xml§ion=business&col=
  

ALL - I have updated the Iraqi Dinar trend data which is based upon CBI spreadsheet. Latest data available is 01 Jan 04 thru 17 July 04.

No suprise here for those that follow.

You will not see much of a change since last update, however, take a peek if you are interested!

http://www.geo(removethis)cities.com/iraqidinar2005/IraqiDinarRate.html

http://iraqidinar.blogspot.com/

when is nid supposed to be traded in the states ? what if they decide to change there currency ?

You people need to relax. The currency will go up. All of us who know currency after post war know that everything takes time. The reason why a lot of people did not make millions of the Kuwaiti dinar after the gulf war was because a lot of people did not beleive that the kuwaiti dinar would never regain its value. During the reconstruction of Kuwait the Kuwaiti dinar was 100 KD to 1 US dollar. Just think about the person that said "screw it I will take the stupid chance and pay $2,500 US dollars for 250,000 Kuwaiti dinars. NOW THOES STUPID 250,000 KUWAITI DINARS MADE THIS GUY OVER 800,000 US DOLLARS BECAUSE THE KUWAITI DINAR IS WORTH 3.38 US DOLLARS TO 1 KUWAITI DIANR. SO JUST WAIT GUYS AND WE WILL GET OURS. And when we do we all have to get together and meet each others Ferraris.

First time: Iraq treasuries - July 18, 2004
http://money.cnn.com/2004/07/18/news/international/iraqdebt.reut/index.htm

Whooohhoooo!!!!!

500 projects for investors identified - 19 JULY 2004
http://www.khaleejtimes.com/DisplayArticle.asp?xfile=data/business/2004/July/business_July316.xml§ion=business&col=

Nice Currency Converter - http://red.wn.com/currency/?amount=5125000&c1=USD&c2=IQD&s1=&s2=IQD

Scroll down the following page for Great collection of links to regional newspapers.

http://www.wnmideast.com/

HOLY #&%^^#!!!!!! Check out what I found on the Iraqi Stock Exchange info page. Reasons are given as why to invest in the ISX.

1) Operating in a country that will BECOME THE REGION'S FINANCIAL CENTER;
2) Using an EXCHANGE RATE THAT IS INTERNATIONALLY RECOGNIZED as one of the Important emerging markets in the region.
3) Trading in accordance with international standards, in a modern and soon to be fully automated environment.
4) No TAXATION on capital gains.
5) STABLE EXCHANGE RATE LINKED THE US DOLLAR!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
6) Ability to freely remit funds abroad.
7) Open market for foreign investors
and so on and so on....
http://www.isx-iq.net/page/serv.htm

Iraq's big board back in business - July 19, 2004


http://www.cnn.com/2004/WORLD/meast/07/19/iraq.stock.exchange/index.html

Iraq issues first post-war debt - July 19, 2004
http://www.bahraintribune.com/ArticleDetail.asp?CategoryId=5&ArticleId=38423

man, I check out for 1 weekend and everybody left?

JPMorgan believes Iraq will receive a Paris Club debt write off of 75-80 percent in NPV (net present value) terms and that a Paris Club deal could be signed as early as the third quarter of 2004."

I have also purchased a little over a million dinar for myself and have gotten over 25 million for others in this area. The best site i have found for the rate which is actually 1,239.0295 to one US$dollar is http://www.nbk.com/NBK/TopBar/Rates/rates.htm

this is the national bank of Kuwaits' rate site. they refresh there time at 1400 that is 0500 our time here in central tine zone i check it every morning and it fluctuates from 1239 to 1241.
As to the cpa site it was dissolved on june 28 that is why there site does not show the exchange rate after that date,
I too believe that this is going to be a very very good investment as the once millionaires of iraq will be again and the only way that is going to happen is if the iqd hits for at least prewar amount of 0.33 and i also believe that it will at least go up in value to $1 that is all i can hope for but even at 0.01 i have made money

just my 2 cents

rod

Copedawg everyone is at investorsiraq.com

Baghdad Real Estate Sizzles Amid Chaos - July 19, 2004 -
http://news.yahoo.com/news?tmpl=story&u=/latimests/20040719/ts_latimes/baghdadrealestatesizzlesamidchaos

Iraqi Dinar Rate Is Finally On Yahoo! - It had been sitting at 1455 with no graph. Now it is at 1461.000 and is starting to graph on http://my.yahoo.com/?myHome. If you have Yahoo as your default website and is customized you can put the symbol from the currency converter in as a symbol under Market Summary and you can monitor it each time you open your browser. Cool!

Interesting Read - Pre-New Iraqi Dinar (NID)

Dollar or Dinar? by William L. Anderson

Okay, to put this simply. What is going to happen once the currency is changed out for a new one? We have to wait to exchange it back right now. What happens if the currency is changed? You would have to be in Iraq to change it right? Any comments?

Nice article EW. Look at the date April 2003. Since then the Dinar has changed. We are all buying the new dinars by the truck loads and hoping for riches in the future. Matt do not worry , I bet you already have the new dinar. Once the dinar hits the world market you will be able to exchange it. So sit back and relax for a few years and enjoy this ride that we are all on Wisski in Kuwait

If you haven't heard, FedEx has ceased shipments of envelopes? from Jordan, they are inspecting packages trying to stop the flow of Dinars out of Iraq. If you plan on buying more find a dealer already in the U.S. or find a dealer than can use DHL as they are still shipping without inspection of I guess 'envelopes' that may contain Dinars.
Regarding how to cash in Dinars after the re-valuation process, it's quite simple. There are already banks that have branches in Iraq and BofA, WellsFargo and others won't be far behind as billions of dollars are pouring into Iraq. The Iraqi stock exchange is booming. Trade volume up 4 times in 5 days. Stocks up 600% is some sectors. Lucent, Pepsi, cell phone companies...tons of dough flowing in and you know banks aren't gonna be far behind.
Pray for the safety of our troops and the peace and prosperity of Iraq.

Iraqi PM says Zarqawi is mental - July 20, 2004 -
http://www.news24.com/News24/World/Iraq/0,,2-10-1460_1560439,00.html

wisski - I was aware of the date of the article when I posted. I thought it was a good read none the less.

Matt - I don't forsee that happening, however, in the event it did happen, I am sure you could get a visit visa and stay in Kuwait, U.A.E. or you could even visit us here in Bahrain for a day in order to change you money! LOL!

Transcript of a Press Briefing by Thomas C. Dawson
Director, External Relations Department
International Monetary Fund

"...And as we've said in the past, the aim is to have agreement on an economic program sometime in the fourth quarter of this calendar year."


http://www.imf.org/external/np/tr/2004/tr040715.htm

Statement by the International Advisory and Monitoring Board on Iraq—Release of the KPMG Audit Reports on the Development Fund for Iraq - July 15, 2004 -
http://www.iamb.info/pr/pr071504.htm

HSBC Denies Majority Stake in Iraqi Bank - 21 July 2004 -
http://story.news.yahoo.com/news?tmpl=story&cid=568&ncid=749&e=4&u=/nm/20040720/bs_nm/financial_iraq_dc

HSBC Buys Stake in Iraqi Bank - 21 July 2004 - http://www.arabnews.com/?page=6§ion=0&article=48688&d=21&m=7&y=2004&pix=business.jpg&category=Business%22

EW, So please tell me what kind of rate are you getting in Bahrain on the IQD. Here in Kuwait I am getting 1600 to $1. I feel that I am lucky for that rate.

dinar hits $3.00 read!!!!

http://mm.dfilm.com/mm2s/mm_route.php?id=1899178

wisski - I will have to get back to you on that. It has been a couple of weeks since I bought. I want to say I was getting 1345/dollar last time. I also purchased at another location in town with Bahraini Dinar. I will check my receipts and get back with you.

tony - That was great!!! LMAO!!! I hope art imitates life!!!

=)

wisski - 1393/$1 was the rate I got at time of purchase.

All - I just read a post on "that other board" (by the way it took me ten minutes to find that damn post again which is why I hate Bulletin boards) in reference to why Chase Bank won't touch "Iraqi Dinar Exchange".

Honestly folks, do you blame them? I wouldn't be suprised if the same "indivduals" you spoke with are buying IQD as much as we are, however, as a corporation, not only would it be irresponsible, I would question the legality of it all.

Not everyone is as confident in the Iraqi Dinar as we are. We are taking individual risks.

As a company, they cannot commit to such a risk. They cannot afford to place their optimism ahead of their clients security. I am sure there have been many risky money making opportunities, however, as a whole, the would lose their entire clientele if they were to fail as a result of one persons optimism.

The main tragedy of Enron was the fact that many lost their jobs, their nest eggs, their investments...

Companies don't want to follow that path...

My point! Don't be suprised if companies/banks are not willing participants...

As far a a corporation is concerned...The proof is in the pudding...And that isn't there right now...

For individual investors - We accept the risk and will continue to invest in Iraq's stabilization.

Enron is a poor analogy...the books were cooked...the SeC under clinton didn't do their job and allowed Anderson to be both accountants and consultants for enron while bill and ken played golf together and ron brown was negotiating enron contracts in india...not even close to the scenario with the Dinar exchange or recognition thereof.

jimbo - You are probably right. The point I was trying to make is companies typically don't want to end up in the position of screwing over so many people due to poor decisions.

Iraq promises to end secret food import deals - July 22, 2004 -
http://www.khaleejtimes.com/DisplayArticle.asp?xfile=data/business/2004/July/business_July382.xml§ion=business&col=

WAR: TRADE BY OTHER MEANS:
How the US is getting a free trade agreement minus the negotiations - July 20, 2004 -
http://www.zmag.org/content/showarticle.cfm?SectionID=15&ItemID=5916

New license agreement extends MAXIMO role in Iraq (21/07/04) -
http://www.iraqprocurement.com/docs/new363.htm

folks,

Just made arrangements for another purchase through the foks in Charleston, SC. They are closing a 1 billion dinar deal with an entity in Switzerland........must be all of the currency experts and economists that say 'boo' in public and sneak around the back of the barn to make a buy. Why Switzerland.....wonder if someone is repping a group of investors who don't want any publicity.

what do you mean?

heehee....
yall are sure proof of pt barnums saying theres a sucker born every day!!
the iraq dinar shall be worthless wallpaper by early next year!!
but like aerosmith sang-dream on!!!
haahaaaaaaaa...

sure sure!!
the dinar will reallllllyy go back up to $3+ dollars per dinar!!!
MWAHAHAHAHAHAAAAAA
the civil wars and coups will make the bremer dinar burned in bonfires and the new dinar will be a million per dinar!!!
good luck losers!!
wonder why buffet and soros et al wont touch the iraq dinar with a 10 foot pole?
ya community college minimun wagers must know more than them!!
BWAHAHAHAHHAAHHAAAHHAAA

Yamama - If your brain was even 1/10 the size of a flee's, you would be able to comprehend one thing. Warren Buffet did buy Kuwait dinars during Saddams regime. Read it in his second book. I've read nothing to suggest he did NOT invest in dinars. You claim to know for sure he didn't.

Keep your psycho-babbling negativity off this forum. Your lack of intelligence and knowledge preceeds you pal.

JS

Minister of Commerce states policy dependent on financing (22/07/04) - http://www.iraqprocurement.com/docs/new366.htm

IRAQ ARRESTS 270 IN BAGHDAD - See Sidebar -http://straitstimes.asia1.com.sg/latest/story/0,4390,262974,00.html

Bush green lights arms sales to Iraq - http://news.yahoo.com/news?tmpl=story&u=/afp/20040721/pl_afp/us_iraq_military_bush_040721203308

REPORT: IRAQ’S TRANSITION TO DICTATORSHIP

Michael A. Weinstein: 7/22/04 

A EurasiaNet Partner Post from PINR.

http://www.eurasianet.org/departments/insight/articles/pp072204.shtml

New Government Frustrates Iraq's Kurds (23JUL04)
- http://story.news.yahoo.com/news?tmpl=story&u=/ap/20040723/ap_on_re_mi_ea/iraq_kurdish_fears&cid=540&ncid=1480

U.S. Forces Attack Insurgents in Fallujah (23JUL04) - http://www.tallahassee.com/mld/tallahassee/news/9221899.htm

UN role in Iraq is to support its people, Annan and his new envoy say (22JUL04 -
http://www.un.org/apps/news/story.asp?NewsID=11442&Cr=iraq&Cr1=

Failure in Iraq a grave danger for the entire world: Kerry (22JUL04) - http://news.yahoo.com/news?tmpl=story&u=/afp/20040722/ts_alt_afp/us_iraq_vote_democrats_040722162148

Finally some info about how Kerry feels about Iraq. About time.

U.S. Senators Demand Speed-Up of Aid to Iraq (22JUL04) - http://news.yahoo.com/news?tmpl=story&u=/nm/20040722/pl_nm/iraq_usa_congress_dc_3

Iraq National Conference to Convene Next Week -- US (22JUL04) - http://news.yahoo.com/news?tmpl=story&u=/nm/20040722/wl_nm/iraq_usa_conference_dc_1

MORE ON: Senators Seek Faster Iraq Reconstruction (22JUL04) -
http://news.yahoo.com/news?tmpl=story&u=/ap/20040722/ap_on_go_co/rebuilding_iraq_1

Small UN Contingent to Return to Iraq in August (22JUL04) -
http://news.yahoo.com/news?tmpl=story&u=/nm/20040723/wl_nm/iraq_un_staff_dc_1

Iraqi dinar: Speculators beware (17JUL04) - http://www.atimes.com/atimes/Middle_East/FF17Ak01.html

:^!)

Dinar boosted by growing confidence in Iraq’s postwar recovery - http://www.dailytimes.com.pk/default.asp?page=story_13-1-2004_pg5_17

Iraq eyes to export oil through Jordan (22JUL04) - http://news.xinhuanet.com/english/2004-07/22/content_1625975.htm

US looks at 'allies only' Iraq contracts (22JUL04) -
http://news.ft.com/servlet/ContentServer?pagename=FT.com/StoryFT/FullStory&c=StoryFT&cid=1087373896193

Question: - Can anyone tell me if these "NEW" Dinar are the same design as those of the pre-1991 Gulf War currency. The currency before Saddam put his mug on the bills?

Iraqi dinar rises amid smuggling scandals (17JAN04)

Whoaaaa!!! This is an old story, however, it is such a large quantity, I thought it was worth sharing for entertainment purposes...LOL

"...The Lebanese authorities on Wednesday arrested three people in the capital, Beirut, for smuggling 1.5 tons of Iraqi currency in a private plane from Iraq to Lebanon, via Jordan, estimated at more than 19 billion new Iraqi dinars (around U.S. $12 million..."

http://www.upi.com/view.cfm?StoryID=20040117-065442-1758r

Dinar Falls Victim to Violence

Folks, I know this is an old story, however, there was some good reading I hadn't seen previously towards the bottom of the article.

"Until now, the government could not legalise dinars because in order to trade in any currency you need to be able to transfer the currency to and from its respective country," said al-Abyad.

http://ipsnews.net/interna.asp?idnews=24196

Good news from Iraq, Part 5 - Article found via post on http://www.investorsiraq.com

http://chrenkoff.blogspot.com/2004/07/good-news-from-iraq-part-5.html

what is good news?

Peter - "Good News" is the title of the article.

Since the post-turnover hype has cooled down, do you think the Dinar prices will go down because of the lack of movement on the world market?

I predict it will probably be available in the neighborhood of $700-800 per mil soon. At least it will be a way for the sellers to hedge their losses and for a few who are lacking confidence to get out while the getting is good.

I feel it may go down, if so, more for me to buy!

I feel the real determining factor for most will be the results of the Iraqi elections, which I believe are scheduled for January. I am not saying immediate results, I am talking 2-3 months after the Iraqi elections. I truely believe it all depends on how well Iraqis embrace democracy. How well they can play together. I can think of three groups that want to ensure they don't feel like they got short changed. Kurds, Sunni, and Shia. Iraq has the suppport they need. It is truely up to them how badly they want Iraq to succeed as a whole.

Im stationed in iraq presently... I just bought 1 million Iraqi dinars for $784.00 american bucks the other day with no prior knowledge of exchange rates or anything a buddy of mine that is pretty well off from his investments said he was doing it so I said what the hell do I have to lose and did it. well I looked up the exchange rate on XE.com and found that I should have only paid $703.00 bucks for a mil dinar according to the exchange rate on their site so the damn haji took me for $80.00 bucks but I dont feel too bad cause other suckers are payin way more than I did. Besides Im gonna go pay him a little vistit for my $80 bucks. I dont play nice when Im angry.

Latest Rate
Yahoo + CNBC arabic financial news

1461 NID = 1 USD

I feel the real determining factor for most will be the results of the Iraqi elections

EW

we said that before when US hand the Interm government the rule but no thing happend. But i found out while reading a book about currency trade that Policies matters takes while to effect currency exchange rate not like new currency trader expect.

abdullah - I am with you there. I question the number of policies this pre-election government can put in place and what changes or additional policies, if any the elected government of Iraq will make that will affect the exchange rate.

I would like to know when they plan on putting the currency on the foriegn exchange. Maybe not so much a date, but, which conditions or goals are they trying to meet before they put the currency on the foriegn exchange and allow the currency to leave Iraq legally.

Well people Im here in Balad and as far as the dinar goes on the 17th iraq sold there gold bonds of 150 billion in a record setting hour, they I believe were in debt of around 120 billion and a few other countries have written off a good portion of debt as well, the world bank is here the ISX is back up and making record sales, now for the clincher, there are numorous countries out here that will not let this countries currency fail, these poeple have waited long enough and have come this far, do you really think
for a momment that it will fail?? Good luck to all those whom invested in the dinar, take care and god bless, it will happen.

FROM THE OFFICE OF PUBLIC AFFAIRS

To view or print the PDF content on this page, download the free Adobe® Acrobat® Reader®.

April 15, 2004
js-1335

Report to Congress on International Economic and Exchange Rate Policies
April 2004

This report reviews developments in international economic policy, including exchange rate policy, focusing on the second half of 2003. The report is required under the Omnibus Trade and Competitiveness Act of 1988, which states that: “The Secretary of the Treasury shall analyze on an annual basis the exchange rate policies of foreign countries, in consultation with the International Monetary Fund, and consider whether countries manipulate the rate of exchange between their currency and the United States dollar for purposes of preventing effective balance of payments adjustments or gaining unfair competitive advantage in international trade.”

For the purpose of assessing whether an economy is satisfying the terms of the Act, Treasury has traditionally undertaken a careful review of the trading partner’s exchange rates, external balances, foreign exchange reserve accumulation, macroeconomic trends, monetary and financial developments, the state of institutional development, and financial and exchange restrictions. Isolated developments in any area do not typically provide sufficient grounds to conclude that exchange rates are being manipulated under the terms of the Act. A combination of factors, on the other hand, can and has in the past led Treasury to find that certain countries had satisfied the terms of the Act.

After reviewing developments in the United States, the report examines exchange rate policies in major economies across five regions of the world: (1) the Western Hemisphere, (2) Europe and Eurasia, (3) Africa, (4) the Middle East and South Asia, and (5) East Asia. To summarize, the report finds that:

Economies around the world continue to follow a variety of exchange rate policies, ranging from a flexible exchange rate with little or no intervention to currency unions and full dollarization. For example, Canada follows a flexible exchange rate regime with no intervention, twelve countries are members of the European Monetary Union, and El Salvador and Panama use the U.S. dollar as their “domestic” currency.
A notable trend observed over the past several years is the move by many economies to adopt flexible exchange rates, combined with clear price stability goals and a transparent system for adjusting monetary policy instruments.
The report finds that no major trading partner of the United States met the technical requirements for designation under the Omnibus Trade and Competitiveness Act of 1988 during the second half of 2003. The report notes that while a number of economies continue to use pegged exchange rates and/or intervene in foreign exchange markets, a peg or intervention does not in and of itself satisfy the statutory test. Treasury has consulted with the IMF management and staff, as required by the statute, and they concur with our conclusions. The Administration strongly believes that a system of flexible, market-based exchange rates is best for major trading partners of the United States.
Treasury is continuing to engage actively with economies and to encourage, in both bilateral and multilateral discussions, policies for large economies that promote a flexible market-based exchange rate combined with a clear price stability goal and a transparent system for adjusting policy instruments. In this light, the communiqué of the G7 Finance Ministers and Central Bank Governors in February of this year stated: “…that more flexibility in exchange rates is desirable for major countries or economic areas that lack such flexibility to promote smooth and widespread adjustments in the international financial system, based on market mechanisms.”
The United States International Accounts

The growth of the U.S. current account deficit over more than a decade has been linked to increasing levels of domestic U.S. capital formation. Perceived high rates of return on U.S. assets, based on strong productivity growth relative to the rest of the world, combined with an efficient U.S. capital market to attract foreign investment. This helped finance U.S. investment and worked to increase the current account deficit.

The current account deficit is conceptually equal to the gap between investment and saving as a matter of international accounting. When investment in the United States is higher than domestic saving, foreigners make up the difference, and the United States has a current account deficit. In contrast, if saving exceeds investment in a country, then that country has a current account surplus as its people invest abroad.

In the second half of 2003, for example, the U.S. current account deficit was $503 billion (at a seasonally adjusted annual rate and on a national income and product accounting, or NIPA, basis) or 4.5% percent of GDP. This $503 billion deficit equaled the gap between $2,079 billion in investment and $1,575 billion in saving[1]. That is, U.S. domestic investment was $503 billion more than domestic saving with net foreign investment making up the difference.

Viewed in these terms, the $55 billion increase in the U.S. current account deficit in 2003, measured on a NIPA basis, was caused by a $91 billion increase in investment outstripping a $36 billion increase in saving. The increase in investment was a key factor in the acceleration in U.S. economic growth during 2003. Overall, real GDP grew at an 8.2 % annual rate in the third quarter and 4.1% in the fourth. Consumer spending increased sharply, but growth became more balanced over the second half as business investment in equipment and software increased at double-digit rates.

The current account was $526 billion in deficit (at a seasonally adjusted annual rate and on a balance of payments basis[2]) in the second half of 2003. How has the deficit been financed? The largest single balance of payments component financing the current account deficit has recently been net private foreign purchases of U.S. securities, which reached $335 billion in the second half of 2003. (Included in these were net private foreign purchases of U.S Treasuries amounting to $141 billion.) In addition, foreign official institutions increased their U.S. assets by $219 billion.

Viewed over a longer period, the U.S. current account deficit rose, as a percent of GDP, from the first quarter of 1991 to reach a temporary peak of 4.4% in the fourth quarter of 2000 before beginning to contract as domestic and foreign activity weakened. The current account deficit began to widen again in the first quarter of 2002 with the recovery of the U.S. economy although it appears to have reached at least a temporary plateau, in the neighborhood of 5% of GDP, over the last seven quarters.

Due to the current account deficit the net investment position of the United States (with direct investment valued at the current stock market value of owners’ equity) fell to a negative $2.6 trillion as of December 31, 2002, the latest date for which data are available, from a negative $2.3 trillion at the end of 2001. Despite a large negative position, U.S. residents earned $22 billion more on their foreign investments in 2003 than foreigners earned on their U.S. investments. These positive net income receipts are the result of large net inflows of income from direct investment offsetting net outflows of income on portfolio investment.

The U.S. Dollar

The Federal Reserve Board’s “broad” nominal dollar index declined 3.9% during the second half of 2003. The dollar declined 7.9% against the “major” foreign currencies (the currencies of seven industrialized economies) while rising 1.2% against “other important trading partners” (largely currencies of emerging market economies). The broad index declined 12.9% from February 27, 2002, when it reached its recent peak, through December 31, 2003.

Inflation remained subdued during this period. The consumer price index rose 1.9% over the 12 months of 2003 and the core inflation rate (excluding food and energy items) was 1.1%, the smallest increase in core consumer prices since 1966. The Federal Reserve has held the target federal funds rate at 1.0% since June.

As discussed below, the currencies of different economies showed varying degrees of flexibility relative to the dollar, as some monetary authorities sought to dampen or prevent movements of their exchange rates against the dollar while others did not intervene at all. The United States did not intervene in foreign exchange markets during the second half of 2003.

Western Hemisphere

Interest rate spreads between the Latin American component of the JPMorgan Emerging Markets Bond Index (EMBI+) and U.S. Treasury securities continued their downward trend, falling from 662 basis points at the end of June 2003 to 518 basis points by year end. The Latin American economies appear to be undergoing a recovery, with regional real GDP growth estimated at around 1.5% in 2003. The region’s current account turned to an estimated surplus of 0.2% of GDP in 2003. Canada’s economy slowed in 2003 with real GDP growth of 1.7%, while its current account remained relatively unchanged at a surplus of 2.1% of GDP.

Middle East and South Asia

Growth in the Middle East and South Asia was robust in 2003, supported by high oil prices and a quick resolution of economic uncertainties stemming from the conflict in Iraq. Oil exporting countries accounted for much of the growth, although non-oil exporting countries also experienced modest growth. With the substantial increase in the average oil price and export production volume for 2003 relative to 2002, current account surpluses skyrocketed in the oil exporting nations. Saudi Arabia’s current account surplus, for example, more than doubled from 2002 to 2003 to reach close to 13% of GDP. The majority of countries in the region maintain pegged exchange rate regimes, with many, including the Gulf Cooperation Council countries, explicitly tying their currencies to the dollar.

The Indian rupee appreciated 1.9% in nominal terms against the dollar and 1.3% on a real trade-weighted basis in the second half of 2003. India’s overall economy grew by an estimated 8.1% in 2003, compared to 4.2% in 2002, while inflation remained low at 5.4%. Despite a significant trade deficit, the current account showed a small surplus of $1.7 billion (0.4% of GDP) in the first three quarters of 2003, due to robust services earnings and transfers, compared to a surplus of $4.3 billion (1.3% of GDP) during the same period in 2002. The U.S. bilateral merchandise trade deficit with India for the second half of 2003 totaled approximately $4 billion – matching the trade deficit for the first half of the year. Foreign exchange reserves continued to increase. Foreign exchange reserves were $96.5 billion at the end of 2003, up from $78.2 billion at the end of June 2003. Indian authorities have also taken a number of steps to reduce upward pressures on the currency. In February 2004, Reserve Bank controls on capital outflows were loosened to allow resident individuals to invest up to $25,000 per year abroad without prior approval. Authorities also used growing reserves to prepay over $3 billion in external debt in 2003.

Turkey and Israel have flexible exchange rates. The Turkish lira was relatively flat between the end of June 2003 and the end of December 2003, but appreciated 17.9% in nominal terms against the U.S. dollar and 6.4% in real trade-weighted terms in 2003, due primarily to large capital inflows as confidence in the government’s economic program increased. Real GNP grew 5.9% in 2003, and inflation fell to 18.4% from 29.7% in 2002. The current account deficit in 2003 increased to 2.9% of GNP from 0.8% of GNP in 2002, with the strong real appreciation of the Lira helping import growth in intermediate and capital goods outpace strong export growth. Gross foreign exchange reserves grew $4.5 billion in the last six months of 2003, reaching $33.6 billion by end-December (or 79% of short-term external debt, residual maturity basis) as the lira’s strength gave the central bank an opportunity to build up reserves.

The Israeli shekel was relatively stable against the dollar in nominal terms, but depreciated 5.8% in real trade-weighted terms, during the second half of 2003, following 8.9% nominal dollar and 1.9% real trade-weighted appreciation in the first half of the year. GDP in Israel grew only 1.2% in 2003, following a slight contraction in 2002. Meanwhile, prices contracted 1.9%. Foreign exchange reserves climbed steadily in the same period, up 4.9% to $25.6 billion by end-December (or 88.6% of short-term external debt) from $24.4 billion at end-June. The increase in reserves was largely a result of an improved current account position and the issuance of dollar-denominated bonds guaranteed by the U.S government. The current account ended the year nearly balanced for the first time since 1990.

The Egyptian pound depreciated 23% in nominal terms against the dollar from January to June 2003, following the Egyptian government's announcement that the pound would float. The pound has remained close to LE6.2/$ since June. The differential between the official and parallel market rates reported in the press widened by 10 percentage points to approximately 15% by year-end. The current account surplus continued to expand during the second half of 2003, reaching 1.9% of GDP in the third quarter compared to 0.1% in the same quarter the year before. The growing current account surplus was due to a strong upswing in tourism receipts and the narrowing of the trade deficit, which resulted from increased oil and gas revenues and the depreciation of the Egyptian pound

Statement by Treasury Secretary John Snow Following Bilateral Meeting with Iraq

Federal Reserve Chairman Alan Greenspan and I had a very positive and constructive meeting with the Finance Minister of Iraq, Kamel al-Kaylani, and Central Bank Governor Sinan Al-Shabibi this morning. Both Iraqi officials reported that economic progress continues to take place in their country and I was pleased to hear about the ongoing economic and financial reconstruction.

The Iraqi delegation underlined that their reforms are already bearing fruit, will continue, and will last beyond the transition. Some of the most important achievements include the introduction of a new and unified national currency, increased transparency in economic policymaking, deregulation of interest rates, and the creation of new and growing opportunities for foreign banking activity. Work in progress for the creation of a T-bill market was also very welcome news. I commended Minister Kaylani and Governor Shabibi and the entire Iraqi people for their excellent progress.

thanks for the news breck

thanks for the news breck

I was thinking of looking into opening a bank account in Iraq so as to protect my dinar from a possible currency change after elections. The money would obviously automatically change to the new currency if in the hands of a bank. I'm thinking about putting in half. Does anyone with well-founded knowledge or an opinion think this is a good idea, is it feasible right now and how would I go about doing it safely. It would be earning interest instead of just sitting in my safe-deposit box and I could rule out what I feel is the only threat to our investments. I look forward to a lot of feedback.

if you allready bought your dinars its to late you cant deposit them back in all you can do is open 2 accounts 1 in u.s cash the other in iraqi dinar then wire the u.s cash in your account and they will take it out and deposit it into the dinar account.

Quick question.. what type of taxes will I have to pay when I cash in my Dinar..? I have no interest in avoiding taxes.. Will it be considered income?.. ie. state and fed taxes.. or just capital gains.. which I believe is 15%.. thanks for the help.. You guys have me freakin out about the 25,000 notes .. I have a couple mil. in that .. hope it doesn't go away..

By the way I'm stationed in Iraq right now.. one more freakin month to go and I'm outta here.. I hope the Dinar hits and makes this nightmare all worth while.. It's been one hell of an experience.. Can't wait to get home..

Ian, Don't worry about the larger notes. If there is a time when Iraq plans to phase-out the larger notes for public transactions, you will have a window of time to convert/deposit for face value. The larger notes (25000) are primarily for real estate and other commercial purchases/investments. If Iraq plans on changing currency all together, again - you will have ample time to convert the existing to any newly introduced currency. NOTE: It cost billions to print this currency, so any plans to change it in the near future would be "HIGHLY" unprobable. No worries at all to both your concerns. It would be devasting & insulting to the Iraqi people to do that again, then leave them with worthless currency in the process. It won't happen.

About TAXES: The profit made on a casual dinar sale while traveling is not taxable. Amounts of 10,000 usd and above are reported to the government via a CTR (Currency Transaction Report). This is to prevent money laundering among other crimes.

Here is the IRS link on Capital Gains:
http://www.irs.gov/newsroom/article...=106799,00.html

IRS on Currency Transaction Reports
http://www.irs.gov/irs/article/0,,id=112227,00.html

IRS on money laundering:
http://www.irs.gov/irs/article/0,,id=113003,00.html

When you buy and hold a foreign currency with the intentions of an investor you will have to pay the capital gains tax (currently 15%) on any profit you make minus your basis and other transaction costs, etc. This tax was recently reduced from 20% as part of GW Bush's tax cuts.
You pay this tax as part of you annual Federal Tax Return line 13a. You may be required to prepare a schedule D along with your 1040. Any tax preparer can help you with this. H&R Block is an afordable service that provides up to the minute information and consistency in filing guidelines across their network.

GW Bush 2004

Kevin

We just purchased some of this Iraq dinars. How can I find out how it is doing? Where is a good place to see about it? And what is the value now on this? Has it gone up any lately?

Hi:
I need some advice on investing in Iraqi Dinars. I am an Indian living in the UAE. If I buy Iraqi Dinars in what way will I be profited, Since the dollar gives me a better price against the rupee compared to the Iraqi Dinar? When the Iraqi dinar picks up so will the rupee against the dollar. So will it not rather be a waste of money on commissions to agents If I buy the Dinar and then convert it into Rupees? I don't think that it is a very good idea to invest in Dinars, if the same value or better is available in Dollars, is it?
thanks,
Reuel

Kevin,

Thanks for the info.. I appreciate it.. and feel a bit better about the 25k notes..

Good luck to all that have invested in the Dinar!

Dinar Forum:

http://www.investorsiraq.com/

noel - That is an excellent idea! That is exactly what happened the last time they changed from the Saddam Dinar to the New Iraqi Dinar (NID).

Folks had that had Saddam Dinar in hand were given a 3 month period to change it, however, those with money in the bank, it automatically coverted.

I know a lot of folks are getting bank accounts for the purposes of the ISX, however, I don't ever remember seeing anyone mention this as an alternative incase they did switch currencies. I am sure alot of them will feel reassured by this extra benefit.

I am going to submit that info to the http://www.investorsiraq.com/ forum with all due credit.

Reuel - Kasahay! - down in the U.A.E.

You are not making money by converting from one currency to another right away.

I don't know what the Rupee is compared to the dollar, however, it is irrelevant. For explaining the benefit to you, here is an example, the purpose of this forum is this.

Say today: 1 Rupee = 1 Dollar = 1000 Dinar
5 Years from now: 1 Rupee = 1 Dollar = 50 Dinar
Do you see the benefit. This is not an overnight deal. And may not ever come to being. This is risky and you should only purchase what you can afford to put away in an investment for 5+ years or what you can afford to lose altogether (worse case scenario).

MWAHAHAHAHAAAA!!!!
DINAR DUPES!!!
YALL MUST BE WONDERING WHY EVERYONE IN THE MIDEAST IS SELLING DINARS FOR SUCH LOW PRICES!!
THEY ARE THERE YET THEY ARENT HOLDING ON TO THEM BUT DUMPING THEM ON IGNORANT AMERICANS!!!
AT LEAST YALL HAVE COLORFUL TOILET PAPER!!!
BUT BET YALL INVESTED IN THE ARGENTINA PESO A FEW YEARS AGO!!
SUCKERS!!!
KEEP DREAMING!!!
LOTTERY TICKETS HAVE A BETTER CHANCE!!!
AND NAME YALL NEW YACHT THE LEAKY DINGHY!!!
BWAHAHAHAHHAHAAAA!!!

OMG! Did jb.trader on ebay skipped town? :'(

http://feedback.ebay.com/ws1/eBayISAPI.dll?ViewFeedback&userid=jb.trader

yes...jbtrader is the latest gossip subject...he had no current member status on Ebay so i'm guessing those that purchased recently may be out of luck...jaki2000 on ebay...don't waste your time with other sellers.

Iraq farm reforms need global support - http://www.khaleejtimes.com/DisplayArticle.asp?xfile=data/business/2004/July/business_July492.xml§ion=business&col=

looosers,

How do you like your crow? Well done, medium, or rare! See you in 10 years so I can serve it to you personally!!! LMAO

I was initially thinking about buying Dinars from an aquantance in Kuwait for $750.00 I could have got a Million, now that same Mil goes about $715. Im here in Iraq. The Dinar will lose. Soldiers are being killed. These people are used to tyrants and couldnt begin to even react to freedom. They think freedom is being able to wear a NIKE hat. The people are lazy...lazy....lazy. These people have been fighting forever. They only know fear. They will never let thier Women vote,work, drive or even go outside. They do not value life...only what is thiers. The only Iraqis that pretend to care for americans are those who we employ (hence the KBR blinders)....they would stab us in the back in a minute. (the reason KBR people are touting dinar investment is because they are selling them to you idiots and getting rich.) The terrorist are gaining favor with the populas. Reality is....Bush and the republicans will probably not fight to hard to be reelected as he knows this is a loss, why not just let Kerry get elected, and let the Democrats take the historical blame for Iraq ? Because thats when its going to fall apart. Then after the entire middle east is annihilated by one another fighting for Iraqs oil, who will buy your Dinar? Its worthless....and thats not an opine........its fact.

IM Here,

I'm stationed here in Iraq and run up and down the highways everyday.. I see a crap load of stuff .. You are right about military personel losing their lives.. and I wish Iraq would take more of a role in this situation, however a couple of corrections.. women do work here.. in fact they do 99.9% of the field work.. I've personally seen them harvesting fields every day.. 10,000 women have been hired for the new Iraqi Army and are currently being trained.. The University of Iraq just graduated 32 women doctors, attorneys, acoountants etc. they are moving in the right direction.. slowly ... but they are..

How do you explain the value of the Dinar (Pre-Gulf 1 Dinar = $3.31) ... it is going to go up... bottom line, if it just goes up to 1 dinar = 1 penny we have made a great return on a small investment... Patients is the key..

IAN - Absolutely!

In response to 'Im here'. For those who have been serving SINCE Vietnam........I think there is a 'dink' in the wire.....

Hello all... Just recieved yet another shipment of 25K NID, but unlike the others recieved from our friends in Jordan, these came from Bahrain. They are obviously authentic, but many have staple holes in them and writing upon them. Is this a problem?

IM HERE

Maybe physically but not mentally. Let me guess you were in the Michael Moore Movie crying like a little bitch.

grow a brain suckers!!
am so sure the kurds and shiites and sunnis will iss and make up!!!
and the insurgents and terrorists wont keep blowing things up!!
why not invest in a pawn shop in the south bronx or a candy store in newark?
the bremer dinar will be burned just like saddams was.
whoever comes into power there will choose a new currency.
if america was invaded and the invaders installed a currency,
not many americans would want to keep it!!!
but the americans fighting for their freedom would also be called "terrorists"by the invading country!!

Your a tool getreal. Stay off this blog and go wallow in your own world of negativity and despair, or better yet, just end it all right now. Sounds like you'll be better off that way douchebag!

timmy faggot name tortellini is a typical dumb guinea greaseball wop.
bahfongoo dumb ugly american wop!!!
the whole world chanting osama!osama! and 9/11s every day! must make yall hicks feel good!!
MWAHAHAHAHAAA!!
THE WHOLE WORLD CANT WAIT FOR THE NUKES BURIED UNDER YOUR CITIES AND THE VIRUSES PLANTED ALL OVER YOUR COUNTRY TO GO OFF!!
AMERICA WILL REMEMBERED AS THE ONLY COUNTRY IN WORLD HISTORY THE WHOLE WORLD HATED WITH THE ONLY GENETIC UGLY AMERICAN MUTTS THE WHOLE HUMAN RACE CONSIDERED BORN KILLERS AND RAPISTS!!!
THE DAY YALL INBREDS DIE WILL BE THE DAY THE WHOLE WORLD CELEBRATES EVERY YEAR!!
MWAHAHAHAHAHHAHAAAAA!!!!

man, this is getten ugly! SPRECHEN of UGLY, you are so far off. I am surprised that you are using such big words and have such a big imagination for someone with a 4th grade education and the maturity of a 13 year old. You must have spent 3 days to come up with that. So, looosers or uglyamerican or who ever you will come back as just keep writing so we can trianglate (look it up), then wait for the blue screen.

Everyone - I have to tell you, this UGLYAMERICAN or is it LOOOSERS who has entered his comments makes me laugh very hard. The way I see it, it only makes me feel so good and so much more superior "Intellectually" each time I read this poor souls ramblings. Aside from laughing so hard, I kind of feel sorry for the obvious disability he has (maybe a disabled Vietnam vet who took a mortar on the head or some other form of traumatic brain injury). We really can't be sure. Lets not be too hard on him. Just let it make your day like I do. A good laugh never hurts anyone. Cheers to all those dinar investors. Have a good one.

Does anyone know if there is any changes in the Dinars lately? What is the predictions on this money and where can I find out about their changes and how do I know if the change is good or not. Anyone know anything that can help me better understand about this Dinar money and what the value is to the American dollar.

My brother is over seas in Iraq and I guess the buzz is that in January there is going to be movement in the Dinar, right now you can't do anything with it other than to buy it and sell it in Iraq. However after the elections in January 2005 it will all change, which could mean it starts trading in the public exchanges.

So in 5 months I'll see if my brother is right.

You can find the exchange rate here:

http://finance.yahoo.com/currency/convert?amt=1&from=USD&to=IQD&submit=Convert

The best ways to track dinar and Iraq progress are at these web pages:
www.iraqdaily.com
www.imf.org/external/country/IRQ/
www.khaleejtimes.com/sectionhome
www.isx-iq.net/page/serv.htm
www.portaliraq.com
www.iraqprocurement.com/index.htm

Its sad that cranky old Viet Nam vets that were in this same situation years ago have to take stabs at us fighting this one. Yes there is a "Dink in the wire" and apparently Casca is the Jane Fonda (just a jest, dont get mad) supporter of this one. He dosnt even have the sack to use the term "GOOK" which he knows he used back then....at least he was polite enough to be politically correct...maybe he has matured since the nam?
I do have hope for this country....I pray that it suceeds. It really is great to see the children run out and wave, thumbs-up, and even give the devil horn signs to our convoys as we pass. Never before in history has the chance for freedom and peace been so apparent as today..right now. I just dont believe that we are doing enough to push it over the edge. Yes I did watch the Micheal Moore movie....it was an attack on George Bush and fed the Liberals all the crap they could eat. But it was more than the rest of the media outlets care to show the public. I just dont think that without the rest of the world on our side we (a christian nation)can win over the Iraqi people from the islam based terrorist, and its not about religeon its about affiliations and cultures that we are not in tune with. I dont have an answer or a strategy to win or get us out of here. I do know that our (military) leadership is trying very very hard and communicating with the local leaders,,to have them resist threats from terrorist organizations.
Yes Women work in the fields and are getting educations... in the major cities they even have real jobs. But they still get beat on a regular basis, have to take a backseat to men, it will be a long time before they are treated as equals.
Another thing...The average Joe sees this as a war to support the rich (KBR/Haliburton etc.) as well as a way for has been retirees to get a boost to thier meager retirements. Its real sad to watch these civilian merceneries in thier suburbans roll 70 MPH down Tampa so they can get the next meal in the "Green Zone" and walk around with thier desert eagle on "Red" so they can order the latest gadget from Ranger Joes. Oh yeah...by the way....unless you are totally buff....do not wear the new Under Armour skin tight wick-dry t-shirts. its frigging Hillarious watching some 40 somthing with a spare tire and nipples try to pack his gut into a size XS skin tight t-shirt.

Is there any new news on which banks in the states will be exchanging NID when it opens on the world market. I read somewhere that Chase would not. I have contacted Wachovia in Atlanta, still waiting for a reply. I heard a nasty rumor the other day that the NID was going to open at 2-3 cent(some educated economist).Still a reasonable profit,but not enough for my new boat.

'Im here' apparently doesn't read closely either. I referred to those serving since RVN. That means all of us who served there and continue to serve. You know, Grenada- when you were potty training-, P'ma, Desert Storm (desert one- if you know that one), the Mog and other places. Yea, some guys got out after RVN, did some college and came back. And no, we are not the out of shape troops you described....I wonder just what kind of shape you are in. It is a difficult time sweating it out and sending email. I have enjoyed it since I got back in May, but didn't have the chance while deployed- like some lucky folks. I have to honestly say that I haven't been in a base that had that luxury. Got A/C too? It sucks over there and it is very dangerous in some spots all of the time and all spots some of the time. I guess it just matters where you are.....Oh, by the way, those old fat guys with the gadgets? Those are issued for the most part, and they didn't get those jobs because of their email posting skills, most of them are SOF guys- with a lot of experience. So, if you are looking for a job after you get back, see your Ranger/SF/SEAL recruiter. After you have grown-up there and if you are real healthy, you know what I mean-look good in your underarmor- then go see the boys 'across the fence'. Naw, I apologize, those jobs are for barrel chested freedomfighters. Be careful and be proud of what you are doing over there, we all appreciate your service.

Casca,
No need to get personal, Im sure you are a Barrel Chested Freedom Fighter, and I dont feel the need to justify my career of 19 years to you or anyone else. Its not what you've done so much as what you are doing right now and like you said, I am proud of what Im doing so I will be careful and appreciate your appreciation and am honored to serve, I apologize, I was a little brash when describing the retirees. Its just where the hell do they find the time to put moose in ther hair?
I just dont know about this get rich quick stuff...I hope it pans out as I am considering purchasing Dinar, even if I invest 700-800 i've lost more in a day at the crap table so I guess its worth the risk.
I do have AC but only turn it on when the engins running, MANTECH does an outstanding job of keeping it charged. I just think that no matter how bad I got it some poor SOB always has it worse. Things are improving all the time on the FOBs but the situation on the outside is looking grim. I guess only time will tell, but its looking like its going to get worse for a while.
Saying that I think the Dinar will fall a little more against the dollar. I consider myself to be in great shape but all the guys look at me allready in my normal T-shirt (my nipples get hard really easy) (34C) I wouldnt dare wear one of those tight ones maybe on R&R with some daisy dukes and some pumps. Maybe my email address threw you off.

Im here,

O. K.

Investing in the new currency is speculation, just like any other investment. No one really knows. NO guarantee's...I see it like investing in a particular company (Iraq is our company). Even though there are several challenges that require time to resolve, the LONG-TERM is what each of us should focus on. This is no get-rich QUICK investment, although I truly believe it will produce a nice return in a relatively short-term (12-18 months)- (.05 to .10 cents/$1 US). Iraq sits on an ocean of oil, holds an overwhelming supply of natural gas, figs, palm tree's, water (Euphrates & Tigris rivers), an agricultural potential difficult to compehend and very determined/proud people. Potential for longer-term: .40 cents to $1 plus (2-5 yrs out). The Iraqi Stock Exchange is going crazy with only 27 companies, with another 100 companies jumping on board very soon. Yep, I think this company holds great potential once the current smoke cloud clears. Patients & Time. Good Luck to All Who Invested..

Kevin

ATTENTION EVRYONE YOU CAN START AN ACCOUNT WITH BANKS IN IRAQ. I have started one with Warka Investment bank. LISTEN, If the dinar is change d to a different currency. you will not have to go to Iraq to Exchange it. If you have an Warka Investment Bnak account once the Iraqi dianr starts to gain value HIgh denominations of Iraqi dinar will be be dismised as legal tender such as the 25000, 10000, 5,000 . You will afcourse get a time period of 3 months to do so. If you have an account then The Iraqi Dinars that you put in that account will atamatically will be given to you in the currentcy type that is allowed at that time.
Example:
if you have 1 25000 Iraqi dinar note you would have to go to iraq and exchange it for 2 10000 Iraqi dinar notes and 1 5,000 Iraqi Dinar note. But if you have an an savings account with an Iraq bank like Warka iinvestment bank then it will automatically be done for you. You will not have to go all the way to Iraq. And you know what the best part is. When you open accouns with the bank it is best to open a Dollar savings account and an Iraqi Dinar account. Warka will buy Iraqi dianr at the value that the Central bank if Iraq outs it out for that day. And they are also on the ISX board. I am going to start ivesting in their bank as soon as I am allowed to.
Here is the email address you can use to get a hold of Warka Investment bank warkabank@hotmail.com or warkabank@yahoo.com.

If you want to open any type of account with them you have to send them a copy of your drivers license with your picture on it. A letter that states that you want A dollar account and an Iraqi Dinar account and one nmore thing. Iforget bt if you want to call them Just ask for Randda B. Al-Shakir. The number for the bank Is 964(country code) 1 717-2045. They will answer in their Iraqi language so just keep saying the word English and Randda's name. The bank is also on the cpa.gove page. Oh and by the way teh Iraq Stock Exchange is the fact of the day on thewhitehouse.gov page. Soon all of our money problems will be answerd and we will never have to work ever again. Friends will are creating a great future and in order to acomplish our goals we must stick together.

ATTENTION EVRYONE YOU CAN START AN ACCOUNT WITH BANKS IN IRAQ. I have started one with Warka Investment bank. LISTEN, If the dinar is change d to a different currency. you will not have to go to Iraq to Exchange it. If you have an Warka Investment Bnak account once the Iraqi dianr starts to gain value HIgh denominations of Iraqi dinar will be be dismised as legal tender such as the 25000, 10000, 5,000 . You will afcourse get a time period of 3 months to do so. If you have an account then The Iraqi Dinars that you put in that account will atamatically will be given to you in the currentcy type that is allowed at that time.
Example:
if you have 1 25000 Iraqi dinar note you would have to go to iraq and exchange it for 2 10000 Iraqi dinar notes and 1 5,000 Iraqi Dinar note. But if you have an an savings account with an Iraq bank like Warka iinvestment bank then it will automatically be done for you. You will not have to go all the way to Iraq. And you know what the best part is. When you open accouns with the bank it is best to open a Dollar savings account and an Iraqi Dinar account. Warka will buy Iraqi dianr at the value that the Central bank if Iraq outs it out for that day. And they are also on the ISX board. I am going to start ivesting in their bank as soon as I am allowed to.
Here is the email address you can use to get a hold of Warka Investment bank warkabank@hotmail.com or warkabank@yahoo.com.

If you want to open any type of account with them you have to send them a copy of your drivers license with your picture on it. A letter that states that you want A dollar account and an Iraqi Dinar account and one nmore thing. Iforget bt if you want to call them Just ask for Randda B. Al-Shakir. The number for the bank Is 964(country code) 1 717-2045. They will answer in their Iraqi language so just keep saying the word English and Randda's name. The bank is also on the cpa.gove page. Oh and by the way teh Iraq Stock Exchange is the fact of the day on thewhitehouse.gov page. Soon all of our money problems will be answerd and we will never have to work ever again. Friends will are creating a great future and in order to acomplish our goals we must stick together.

warka has a hotmail email address? is this legit?

Dan,

I agree with Frank. Warka@yahoo.com or warka@hotmail.com ??? Something fishy about that for a legitimate bank... Hope this is not one of those; "here today, gone tomorrow banks"...My gut say's this Warka Investment Bank is not legit, or if it is, it won't be for long! Any other opinions or feedback on this Warka Investment Bank and US citizens being able to open accounts ???

Dan, what makes you think you'll only have 3 MO's to make the transaction from large bills to small? That not even logically thinking. They will stay good just pull out maybe the general common transaction, use with big companies etc. Please don't put that kind of info out unless you have a solid lead to the facts etc. Thanks Breck

Hey All
The Warka Bank is legit.Its even listed on the Iraqi stock exchange.Go over to www.investorsiraq.com and you'll find a thread about it along with alot of other info

Hello, if any one wants you can contact me at chadjohnson4prez@yahoo i like men and will wear whatever you want me too. Send me picks of your fat hairy ass and I will send pictures of my bald litle boy wienie.

I'm pretty sure that the IRAQ internet domain hasn't been approved for use yet, so ALL business's in Iraq will have some external email address like .com .net etc.... Of course be careful, but be educated as well....

I have received an email from Warka investment bank and I have wired them some money via Jordan Natioanl Bank PLC. Warka National bank has an account with them. The way that it works is like this. My credit uunion sends money to Jordan National Bnak and puts that money into an account that is given to warka investment bank. when it is put in warka investment banks' account number they are notified of the transaction. then they take that money and put it in my account that they have set up for me. Look just call them at 964(country code) 1 717-2045 and ask for Randda B. Al-Shakir. She works for the international department. You need to understand that most of these banks are very small. You are investing in Iraq's future. when Iraq becomes stable againg just think about the amountg of money thta you will make. You do not have tgo start an account if you do not want to, There is a risk with every invesment. but this is a risk that I am willing to take.

I meant Warka Invesment Bank.

Dan, How do know that the higher denominations like 25,000 10,000 and 5,000 notes are going to be dismissed as legal tender? Do you know that $10,000 5,000 and 1,000 dollar bills exist in the U. S and are still legal tender but are not available to the public? I'm pretty sure that once the dinar starts to appreciate they will take the higher bills out of circulation when people put them in the banks and replace them with smaller denominations, but this will not devaluate already printed bills. If you know something for sure that I don't know please let me in on it.

Noel
Dan is correct in saying that the larger bills will eventually be taken out of circulation.Once Iraqs economy grows stronger and the dinar value grows it will be harder to use them.Kind of like paying for a happy meal with a 5000 dollar bill.But you are also correct in saying that banks will hold them and replace them with smaller bills.

Two questions actually,

1) Where can I find 20 year charts on the IRAQ Dinar & Kuwait Dinar vs. USD?

2) What is the cheapest SAFE place to get the IRAQ Dinar?
I am getting ready to get another Million and the guy I get it from charges me $1050.
He will not bring the price down to $999 unless I get 25 Million or more.

Your help is appreciated.

Thanks!

Two questions actually,

1) Where can I find 20 year charts on the IRAQ Dinar & Kuwait Dinar vs. USD?

2) What is the cheapest SAFE place to get the IRAQ Dinar?
I am getting ready to get another Million and the guy I get it from charges me $1050.
He will not bring the price down to $999 unless I get 25 Million or more.

Your help is appreciated.

Thanks!

Notre dame
try this site for iqd history--not sure if it goes back as far twenty years
http://www.x-rates.com/d/IQD/USD/hist2003.html

for physical dinar i would got to amer on ebay. his user name is dima89, very reliable
you can also consider an iraqi bank account as dan describes above, and have usd changed into dinar after deposit, at the cbi rate for the day
the cbi auction results are posted daily at
http://www.cbiraq.org/cbs6.htm

investorsiraq.com also has informative info
all the best,
jules

Has anyone purchased dinar from a website and actually had it reviewed for authenticity? If so, can you tell me who to buy it from? There are many sites, however, they can simply have it printed in a print shop and sell it. I believe in this but would like to know that I have the real thing.

To answer both Russ and Notre Dame: Buy from Amer or Jaki2000 on Ebay. Roughly $900 per mil. Regarding the counterfeit, it's virtually impossible to do with this money. Infrared marks, woven threads, raised colored stamps, horse head water mark etc...The Dinar was printed in Britain and not in Iraq. The only counterfeit rumor I've heard was regarding the 250 Dinar in Baghdad, but it was never confirmed by any source.

LISETEN EVERYONE DONOT BUY ANYMORE DINARS FROM THE PEOPLE ON THE IINETRNET OPEN AN IRAQ BANK ACCOUNT. they will give you the best price and they will also invest in the Iraq Stock Exchange if you wan tthem to. Warka Investment Bank is one of two banks that allows foreigners to open Iraq and Us dollar account. They will exchange the US dollar for 1,460 ID to 1 US dollar. these people are just making millions off the honest man. If you do not belve me then just call the Iraq bankj yourself. Ask for Randda B. Al-Shakir she is the international department there. 964 country code of Iraq 1 717-2045.

Making money off honest men? That means what? They provide a service and act as a middle man. Their services only costs less than $300 per order. That is well worth their time and effort. I wouldn't trust any bank account without the currency in my possession. Until international banks are allowed into Iraq, I won't be putting any money in there.

It sure is nice to have the middle man get you what you want, buut whaat happens when the Iraqi Dinar appreciates and they decide to withdrawl high denomination Iraqi Dinars. Lets just say that the 25000 Iraqi Dinar was deemed non legal tender. The Iraqi government will give you three months or so to exchange it. Well lets just say that The Iraqi Dinar was not allowed to be traded in abanks in your country. After those 3 mopnths are up you just got screwed by the middle man. Do you think that the middle man will will exchange the 25000 Iraqi Dinars for the denominations that are still in affect. NO!!!!!!!!!!!!!!!! The middle man only cares about him or herself. If you already have an Iraqi Dinar bank account then you wont have to exchange it because those 25000 Iraqi Dinars are already in the Iraq bank. So you will always get the right type of denomination you need without the middleman. Yes there is a risk with every investmnt. But then again that is what we are all doing, putting our money into some thing that could possibly make us millionares. I am just trying to tell you that you can get a better deal somewhere else. So with that said STOP GETTING RIPPED OF AND OPEN AN ACCOUNT WITH AN IRAQ BANK. I have two account with Al-Warka Invesment Bank. One is a US dollar savings account and the other is an Iraqi Dinar savings account. Teh reason why I have a US dollar account is because I wire them US dollars. they exchange the US dollar to the Iraqi Dianr at 1460 ID to 1 US dollar. So you get a hell of a lot more out of it. OH did I mention the fact that Al-Warka Investment Bank has Iraq Stock Exchange brokers that will buy Irai stocks when the ISX allows foreigners to invest in the Iraq Stock Exchange. WHEN WILL THE MIDDLE MAN DO THAT FOR YOU. The Al-Warka Investment Bank website is warkabank.com. If you want to get a hold of them then ust email them at warkabank@hotmail.com or warkabank@yahoo.com. Or you can call them at 964 country code 1 717-2045. You can find their address on the Central Bank Of Iraq website at cbiraq.org. click on Bank menu. when you call Ask for Randda B. Al-Shakir, She is the International department representative.

US has lift the sanction of IRAQ. Time is coming faster than what I thought. I hope everyone is ready!!

Mike who told you about this news US lift sanction from iraq?

go to this site http://www.iraqdaily.com/ and then go to iraq economy. you will read it there. Let me know if you find it. I got excited when I read it. Brazil Here I come!!

Russ/Notre Dame,

I'm a Yank living in Jordan and can get you a good price if interested. $875/million, priority. Good luck to you.

http://www.abc.net.au/news/newsitems/200407/s1165244.htm

actually if you paste this, it will take you right to the US LIFT SANCTIONS ON IRAQ.

2004-08-02 1457.484538 -0.234%
2004-08-01 1460.903646 0.000%
2004-07-31 1460.903646 0.000%
2004-07-30 1460.903646 -1.154%
2004-07-29 1477.953276 -0.095%
2004-07-28 1479.351371 +1.261%

Last Update: Friday, July 30, 2004. 10:10am (AEST)
US lifts Iraq sanctions
United States President George W Bush has lifted sanctions placed on Iraq when Iraq was run by Saddam Hussein, who was toppled last year by US-led troops.

"I have determined that the situations that gave rise to these national emergencies have been significantly altered by the removal of the regime of Saddam Hussein and other developments," Mr Bush said.

US and United Nations sanctions were put into place after Saddam's army invaded neighbouring Kuwait in 1990.

"This action is consistent with United Nations Security Council Resolutions 1483 and 1546, of May 22, 2003, and June 8, 2004, respectively, which substantially lifted the multilateral economic sanctions against Iraq," the statement said.

Still in place are measures such as the freezing of assets linked to Saddam's regime.

The United States transferred power to Iraqis a month ago, putting an end to the US-led occupation.

-- AFP

BAGHDAD, Iraq July 18, 2004 — The miniature Liberty Bell clanged. Elbows flew. Sweat poured down foreheads. Sales tickets were passed and, with a flick of the wrist, 10,000 shares of the Middle East Bank had more than doubled in value. The frantic pace Sunday of those first 10 minutes of trading typified the enthusiasm behind the Iraq Stock Exchange a new institution seen as a critical step in building a new Iraqi economy.
In just five sessions, trading volume has nearly quadrupled and the value of some stocks has surged more than 600 percent, gains traders say reflects the pent up frustration of 15 months of closure.

"Look at these prices," he said, glancing at the board showing offers for one industrial company at about 25 dinars, almost two-tenths of a cent. "These shares are ridiculously undervalued. That's why prices are surging as much as 600 percent from day-to-day."

The exchange was inaugurated last month and is open two days a week for two hours a day. Sunday's session was the first open to the media.

Officials say they hope that in a month they will have all 120 companies previously listed on the old exchange on the new ISX's "big board" actually 27 small white boards, where workers record trades with markers.

The added bonus will be opening the door for foreign investment. The legal framework is in place, but the details have yet to be completed.

"My hope would be that they would quickly encourage foreign investment," Nobel Laureate and University of Chicago economist Gary Becker told The Associated Press by telephone. "Foreign investors often want to make sure they have majority ownership."

Do NOT trust your IQD to an Iraqi Bank! I am in Iraq and the Iraqi customs agents are confiscating IQD from any non-Iraqi trying to leave the country. It is a big thing here for those of us in country. The Iraqis do not want the dinar to leave the country. The BANKS are not to be trusted either! If you pay a little more to go through a middleman, do it! Keep your IQD in a safe and secure place. It is going to explode sooner than people think. Not only are they taking IQD, they are also taking artifacts, jewlery, gold, and anything else they deem to be Iraqs. Unless you are an Iraqi in Iraq, be safe and keep it close! They will not just one day say,"hey all the large bills are no good!" Common, they need large denominations for large buisness transactions. These bills will be in circulation until the Iraqi Government changes all their money to a different note.

Please, can someone tell me where to buy the Iraqi dinar? Thank you, from here in Texas!

jo go to http://www.investorsiraq.com/index.php?
we have a offical board seller named amer we get a special rate cheaper then anyone else and cheaper then ebay but you gotta join up first ;)

Tony,

Thanks. We are in unchartered waters and are in need of help and guidance. May I ask how you paid for your dinar? And thanks again.

Jo

i sent money order

I'm selling IRAQI Dinar for $900/Mil I get it from my brother who is a Marine MP in Iraq it will ake about 2 weeks or so .... if you would like to purchase an amount email me or call me 262-751-5110 my brother buys about a million or 2 a week.

a marine MP?....never heard of one. but i am sure he is in some kind of military service. but what he/you are doing is not legal. i am sure the corp would like to know. thanks for your number bryan.

Buy from Amer at investorsiraq.com, or Jaki2000 on Ebay, both sell for $890 plus shipping. Use your CREDIT CARD, you have fraud protection. both sellers can be trusted if you send a money order, just takes a week or more longer. don't trust other sellers, go back and read more in this forum or the fatwallet theads, there are scam artists out there. good luck.

TO ALL YOU DINAR SPECULATORS

I am working closing with the Iraqi government and am very well connected. I have been reading all of your comments with a great deal of interest. I too am considering buying dinars and at today's rate can get about 100,000 for as little as $170. BUT LETS GET REAL. The first people who started buying substantial amounts of Iraqi Dinars were the Egyptians - last October they were getting about 550 Dinars per $1. Now the Dinar is worth over 3 times less. In a matter of months they have lost a fortune. THE IRAQI DINAR IS WORTHLESS. Forget comparisons with Kuwait in 1992 and forget comparisons with Afghanistan - Iraq has many more problems and issues. Firstly, by buying Dinars you are effectively lending the Central bank of Iraq interest free money, when you might normally expect up to 20%. The value of the currency is entirely dependent on the Central Bank and to cope with instability they might have to resort to hyperinflation (see Argentina and Brazil as recent examples). If hyperinflation kicks in you might as well go down the bank withdraw $1,000 and flush it down the toilet. Secondly, the Iraqi Dinar is not pegged to anything (dollars, euros, commodities such as oil) - their is no stability. Thirdly, for the Dinar to maintain its rate, it is entirely in the hands of the integrity of the Central Bank to maintain its position. Fourthly, this is still an interim government; a new government may step in and devalue or even reissue the currency, hence wiping out all current investment. Next, I hear everyone banging on about oil and that this is what makes investment in the Dinar a guaranteed surefire winner - well take a look at other oil producing countries with dodgy economies and weak currencies - Venezuela, Indonesia and Nigeria. Would you invest in their currencies? And finally, you have all seem to forgotten the ONE BIG SPANNER IN THE WORKS: $120bn of foreign debt Iraq has to suffer. The likes of the French and Russians are not keen to wipe out the debt and generally there is little enthusiasm in the international community (except Great Britain). All in all in the Iraqi Dinar is totally worthless. forget comparisons with the days of Saddam. It is even worth nearly 4 times less than 10 months ago. And if you do buy dinars, who can you sell them to. My instinct is that one day the Iraqi economy economy will be stable and stronger from oil revenues, and hence the currency will be stronger. But it could take as long as 20 years to pay off its international debts. If you buy dinars, who can you sell them back to over the next five years? Beware of web-scams and people jumping on the bandwagon. Remember, in a gold rush its those who make the picks and shovels that make the real money. Happy hunting guys.

Hi DeepSpace,

What a nice advisment !!! and what a nice article.
but I not convienced by your words.
first, 50-80% of the foreign debt will be canceled due to the mutual gains among the countries (USA, Europe, Middle East).

Its very clear that the oil will play a major role to detemine the NIQD price (ask yourself why America occuppied iraq!!!!).
The oil price today is 44$ and its expected to be 50$ meanwhile OPIC can not control it. (Why).

Deepspace - You need to read and understand more. You are obviously half way informed about this currency matter. The Iraqi Dinar will be pegged to either oil, US dollar, Euro and/or perhaps gold or a combination of). That is still pending and exactly why this is so exciting! The World Bank in Iraq will be the final building block to establish this "pegging" and exchange rate. Once this opening exchange rate is determined, banks will then gradually recognize the dinar for world exchange. Sanctions were just lifted 2 days ago, and Bush has encouraged all other contries to follow the US and start trade with Iraq. This will only happen with an Iraq currency that has reasonable value. You getting the picture yet??? The people also need a currency that is at or close to what it was last year (.31 cents) to give them hope and incentive to want to defend and build their country. That won't happen at the current (unoffical exchange rate) which is close to worthless. Focus on the big picture...

Reply to Kevin & Mons

I thought from my article it is clear that I am focussing on the big picture. That is, profiting from the Iraqi Dinar in the next five years looks like a long-shot (not so long that it wont stop me taking up a few hundred dollars worth - money I can afford to lose). In the meantime the real way to make money is to prey on the extremely optimistic views of nearly all the people on this forum. Hence my quote: make picks and shovels for those digging for gold. I see websites such as PortalIraq are offering IQD1,070 for $1 when the current exchange rate is IQD1,460 for $1. Now that's what I call making a quick buck. As for stating that the IQD will be pegged - that is pure speculation. I met Dr Sinan, Governor of the Central Bank of Iraq 2 months ago in which he stated that the value of the IQD would be maintained within the current framework set-out by the Central Bank Laws. He and no other Iraqi official from the Ministry of Finance have made any statement (public or private) stipulating a strategy based on pegging the currency. Furthermore, The World Bank has made no statements in regard to pegging the IQD (and it does not have the authority to do so). Stories relating to pegging have been doing the rounds amongst international economists, but this is not Central Bank or Iraqi Government policy. In fact the economic argument against pegging is very strong: A currency that is tightly linked to the dollar would also make it harder for the government of Iraq to manage its dependence on oil revenues. The dollar revenue from oil sales is highly volatile, so the government would have trouble paying the same dollar salary when oil is at $30 a barrel and when oil is at $50 a barrel. Rather than matching expenses and revenues by paying dollar salaries that vary in line with global oil prices, it is far easier to pay salaries in a local currency and let the value of the local currency fluctuate against the dollar. Pegging, to the dollar or commodities or any form of "basket" looks very, very unlikely. As for lifting of sanctions, it is not relevant at this stage, as all foreign companies involved in Iraq will simply not accept payment in IQD. In regard to the price of oil - this will certainly help Iraq's foreign currency reserves. But they are still stuck on about 2.3m bpd (same as pre-war). The target is to double that to near 5m bpd by the end of the decade. My question is: If you are so keen to speculate on the strength of the Iraqi Dinar on the basis of the price of oil - then why not just speculate on the price of oil??? At least you have buyers as well as sellers! Finally, I do hope your right about the foreign debt. THIS IS THE KEY TO EVERYTHING. The 50-80% figure has been muted around the world, but in reality there has been no progress on this whatsoever and it is unlikely there will be any until the next G8 meetings in 2005. Hence, my emphasis on similar debt countries as Venezuela and Indonesia. So long as the debt issue is unresolved the IQD will remain extremely weak and vulnerable to hyperinflation. The purpose of my piece(s) is not be half or fully informed or some kind of guru, it is simply to play devil's advocate based on current knowledge against all the blind optimism I hear from soldiers and contractors (and people on this forum) who are buying Iraqi Dinars and effectively lending the country money, interest free. Start a website, get a Jordanian truck driver (with a gun) crazy enough to get the Dinars out of Baghdad and sell them to all the people in the world who dream of turning a few hundred bucks into a few hundred thousand. I believe the word is: ALCHEMY.

Deepspace - Since you have all the answers and the ultimate prophecy on the dinar, Don't buy any dinar then! That's my advise to you. I will be happier, and you obviously will be. Go put your money in a money market account and get 1.5%.

Kevin

Deepspace,

Please don't pay attention to the purile comments of Kevin: I hope this doesn't discourage you from posting your well informed comments that help to establish the dialectic that's nec. to make informed decisions. As you probably know,. there are many who's passion- wants get in the way of their reasoning. I just purchased 5 million IQD and I classify this expenditure the same way I'd classify a Vegas outing-- ie: money that I'm prepared to (relatively) painlessly walk away from. Please keep up your insightful comments!

Thanks,
Jmac

Jmac - "Insightful comments" and BASICALLY -outright negative, pessimistic comments that leads people to doubt this venture are entirely two separate things. If someone has positive news to report, then do so. That's the purpose of this forum. It's always easy to spout negativity & doubt. It takes time & effort to find good things, and then share it with others.

Kevin

Kevin,

My point is that Deepaspace is obviously in a positon to supply us with information about our investments-- he has met with people that have information before we get it through articles many of which have been written by those hawking IQD's. He hasn't said anything that that hasn't been said before in other articles slightly critical of this latest (fools?) goldrush. You'd see this if you'd allowed yourself to track down/take in "fair and balanced" information. Deepspace just gives us more details since he's in a position to do so.

People, especially Americans, like to gamble and that's why the IQD has such a following. However, there are some of us, from the finance sector, who chose to receive unadulterated info about our investments. You're setting yourself (and others who can perhaps less afford it)up for failure if you limit yourself to selective hearing.

I doubt what we talk about here is going to effect the IQD value in the marketplace-- if I thought this true, I'd be extolling it's virtues right now.

Jmac

Jmac,

I will side with Kevin here, simply based on this person casually making the comment; "I met Dr Sinan, Governor of the Central Bank of Iraq 2 months ago in which he stated that the value of the IQD would be maintained within the current framework set-out by the Central Bank Laws. He and no other Iraqi official from the Ministry of Finance have made any statement (public or private) stipulating a strategy based on pegging the currency". Is this person trying to impress us with his contacts and meeting people of great influence inside Iraq?? Is this really true OR is there an ego issue here with a person trying frantically to convince himself he is a very important person in the world community, thus trying to convey his opinion about this opportunity?? We will never know for sure. If a person is REALLY busy meeting & engaging conversation with high ranking officails and discussing finacial matters effecting an entire country such as this individual claims, I find it to be slighty odd he then can actually find time to stumble onto this website, and convey his comments (AKA: overall negative opinion/viewpoint). It is clear he has serious doubts about the currency. I believe it to be equally clear this person is full of %$#@! with his meeting certain officals. We have already made our investments! I concur with Kevin - limit your posts to positive entries that DO NOT create doubt in what we have already done & speculated on. That is parting with our money in hopes to make more.

Yeah, Whatever Kevin and Ben says!! We are goin to be rich BITCH!!! I am Rick James!!! Dinars are going to rise faster then people think.
A) Most important Sanction Lifted!
B) NO SADDAM!
C)Most of the debt if not all, will be wiped away!
D)OIL
E)GOLD
F)Natural Gas
G)Coal
H)New money
I)Many Companies are investing in Iraq
J)Many Banks are trying to get in, but only a few is allowed as of now but more at the beginning of the year
K)Did I mention OIL
L)Look at the other Arab countries They are RICH!!
M)All the money the U.N (United States and Britain mainly) are putting in to rebuild Iraq
N)I Forgot, New Government
O)JOBS JOBS JOBS will be alot of Jobs in Iraq
P)They got their own Stock Exchange
Q)Oh yeah, OIL!!!
R)Relief!!
S)Many, And I do Many, people are expecting the dinar to go up. I am not talking about us the pions. I am talking about..
T)United States
U)Britain
V)Russia
W)Italy
X)France
Y)United Nations
Z)OH yeah, the most important reason why the dinars will rise is because of....OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL OIL!!!!

I rest all the people's case who knows the truth!! ENOUGH SAID!!

Agreed.

Deepspace: If the best you can do is 100k dinars for $170 (that's $1700 per mil) -- how well connected can you be?

Jmac

Mike - Well said brother ! Some people are just not happy unless they can hear themselves talk and attempt to sound intelligent... Some people are just not happy unless they can rain on your parade & make others as miserable as they are. People like Deepshit can't stand it whenever others succeed or if other might do well. ** Bottomline: ** Since all of us already invested in this currency, what did Deepshit think he would accomplish by making these negative-psycho-babble comments??? Was he trying to make us feel good about what we already invested in? I think not. I think his intentions were less than honorable, yet concealed in an attempt to sound well connected & semi-intelligent. **Lets stick to positive news & updates, OK?

Kevin

Hey Mike
You forgot to mention the dates and palm trees. Those are also plentiful in Iraq

I was wondering I have a nephew in the marines and was wondering if it is illegal for him to send me money to sell....or even for him to send me money?? also how are people getting money to iraq cuz fedex wouldnt send cash and how are they getting the money out of iraq???

Thank you,
Jay

Bryan I mean Jay,
ask around in investorsiraq.com maybe you will learn there

Gues what guys,
As you all well know I opened two Iraq bank accounts with Al-Warka investment Bank in Bghdad Iraq. I have wired them money and are in the process to put it in my US dollar account. Warka Investment Bank is swamped with new accounts that they may take up to 7 days to put the money in my account. I can not blame them for taking their sweat time. I do not want them to make a mistake and put the moiney in someelses account. I intend to have Warka Invesment Bnak exchange 500 US dollars worth into Iraqi Dinars which will be put in my Iraqi Dinar savings account. They exchage at a rate of 1460 to 1US dollar. And the best part about me starting bank accounts with an iraqi bank is that when the Iraqi dinar starts to go up in value and the large denominations start to be traded in for smaller denominations due to increase of the iraqi dinar, I wont have to lift a finger because my money is in a bank that automatically changes denominations for me. So keep the dream alive guys and when we are all rich lets have a convention and introduce ourselves each others FERRARIS!!!!!!!!!!!!!!!!!!!!!!!11

Hello to anyone. We have a question. Where or how do you sell the dinar when you are ready?
Thanks, Jo

Deepspace: If the best you can do is 100k dinars for $170 (that's $1700 per mil) -- how well connected can you be?

Jmac>>
I agree, this guy does NOT EVEN KNOW THE CURRENT RATE 1700 PER MILL, HE GOT PHUCKED!!!!

Deepshit moron, for $1,700 I can buy 2 million here in US not 1 million
WHAT KIND OF A FOOL ARE YOU?
WELL CONNECTED? YEAH YOUR ASS IS WELL CONNECTED TO A BIG DICK

I understand the need for negativeness in a forum filled with optimism. I am going to start by buying 5 million dinars, and continue buying until they go up in value, whenever that is. My point is this. I think many people here are TOO overly optimistic with this new currency. There are some that I have seen that EXPECT this currency to hit the pre GWI value of 3 to our 1. As much as I want to agree, and believe that this will be the case, I cannot see it as that looking around at all the other countries in the region, and doing the amount of research that I have done over the past few months. Saudi Arabia is trading at about .26 cents right now, and Kuwait at .29 cents. I am pegging Iraq at about .20 cents in 3 years, and I would say that with all the help they are recieving, in 7 years they could hit about .40 cents or so. Again, this is only my speculation, and. . . I hope that I am wrong. This is still not a sure thing as some people want to believe it is. When you put money into a currency you are betting on a government. The interim government in the country is a big threat to be assasinated at any moment, we can't take our eyes off of that. The biggest fear that I have with this investment is the possibility of an Iraqi Civil war at some point in the next year or two. The chances aren't great for anyone paying attention to the "real" news that is going on in Iraq and keeping their eyes out of the news on t.v. that has to create stories to keep people tuned in. As for the people saying that it has to open at .33 cents because of the prewar value, that is totally incorrect. They have a currency now, what do you expect? the bank to open up to the world and say, our currency is now .33 cents. It doesn't happen that way, it is a slow, steady climb to that, they have their currency, and that is the value of it. If it was going to just "jump" to that level wouldn't you suppose that many investment firms, and even the United States Government themselves would be investing hundreds of millions of dollars into their currency so when it opened they can pay off our national debt? That makes no sense. Many "experts" think this is a huge risk, and that it is, but as I stated before it has much better odds than putting a dollar in a las Vegas slot machine. I don't recommend people put money into this investment unless they have the money, and they don't have to worry about paying their rent or mortgage if they do get involved with this. I want to get as much of this stuff as possible becuase we will never again see the odds this far in our favor to cash in like this. Finally, to get back to why it won't hit .33 cents instantly, I know you say that the rich people will now become poor because of this, and they can't do it. That is the sad effects of going to war. Germany after WWII suffered the same tradgedy. Good luck to all, when we do become rich we need to convene somewhere and have a big party to celabrate our newfound wealth.

good post jamie

Jamie,
The Kuwaiti dinar is worth $3.40, NOT $.26.

These posts the past few days are hilarious. It's a shame what has happened to this board....filled with the beginners being confused by those who proclaim to know it all, spouting off incorrect and outdated information.

http://www.investorsiraq.com/

bad post jamie

Hi I've been reading all your comments and I am about to buy 2 million Iraqi Dinar. Obviously, I want to make sure I am doing the right thing. You all seem keen to slag off the post by Deepspace who is presenting a rounded argument (but still says he/she is going to buy dinars). None of you have answered Jo's post which asks the most important question: "when and where can I sell my dinars"? What is the point of buying the Dinar if I can't sell them. Does anyone know the answer? Name me a bank that will buy Dinars - anywhere in the world?

Thanks Q

BillyBoy, When the currency starts being traded around the world you can sell them at any currency exchange place. Or you can mail me your money and I will fly to jordon and exchange them for you. lol
I must have read the currency backwards, I now want a billion Dinar. :) If Kuwait is 3+ Iraq better get to at least 1

Tony,

I registered on http://www.investorsiraq.com/

then tried posting my comments, but it keeps telling me I'm not authorized to post or the administrator has not activated me. I registered 4 days ago? Any suggestions so I can start posting on this site?

Kevin

Hi,if any person interested in buying anmd invest new iraqi banknotes in MILLIONS ,please do not hesitate to write to us and receive our NEW OFFERS and we shall do our best to fulfill your request ,I am international banknote dealer since 1996 and member of IBNS # 8829 .Thanks and hope to hear from you .

kevin email me your screen name and i will pm our adminstrator and see whats up

telia55528@cyber-rights.net

Guys,
I know you have been suggesting another dealer for dinars but has anyone heard anything about the website SilverDinar? Good things? Bad things? thanks

What is supposed to glow under ultraviolet light on the 25,000 dinar, thanks

This good news is especially for you Deepspace (Deepshit) - The well-connected One ! Who probably walks funny now! Ha Ha Ha...

Iraq confident of $120bn debt write-off
July 9, 2004

Baghdad - The Iraqi government expressed confidence on Wednesday that global lenders would write off its huge $120-billion (R728.4 billion) foreign debt, helping to rebuild Iraq's war-ravaged economy and revive the vital oil sector.

Interim Finance Minister Adel Abdel Mahdi said apart from the United States, other countries had also showed an inclination to forgive the debt completely.

"It is not just the United States which has agreed to write off our external debt, but many others have told us that they are ready to completely forgive the loan," said Mahdi.

But he declined to name the countries which had made such an offer, simply saying, "We are talking to them and they have told us that they are ready to do it."

Mahdi noted that a meeting of lenders has been organised for late October in Tokyo where further progress on the issue would be possible.

A debt write-off would also help the world economy as Iraq would be in a stronger position to exploit its vast oil reserves and thus ease pressure on world crude prices, the minister said.

"Our debt write-off would help in moderating the crude oil prices in the long term as we would be able to exploit our oil resources efficiently," Mahdi told a news conference.

The minister said the government had appointed global professional service firm Ernst and Young as legal advisors in negotiating the debt issue with lenders.

"Forgiving our debt is critical to the economy which has been affected by external and internal wars for many years. We are sure the world would understand this," he said.

Last month world leaders broke up a three-day summit without bridging a rift over US President George W. Bush's proposal to forgive Iraq's debt.

The proposal faced staunch resistance from many countries, especially France, at the Group of Eight (G8) summit in the southern American state of Georgia.

While the United States, which has allocated an $18.4-billion aid package to Iraq, was lobbying for a 100 percent write-off, France expressed willingness to cut up to 50 percent of Iraq's debt.

French President Jacques Chirac said he was prepared to let Iraq off the hook on half the debt, but was scathing about the US request to go further.

"Iraq is a rich country," Chirac said at Georgia.

"How would you explain to heavily-indebted poor countries like Nigeria that in three months we are going to offer more for Iraq than we have done in 10 years for 37 heavily-indebted poor countries? It makes no sense. It is not decent."

Russia and Canada have also resisted the American move to release Iraq from its obligations.

An optimistic Mahdi, however, said Iraq was ready to offer lucrative rebuilding contracts to companies of donor countries, a demand made by Germany at the G8 summit.

"We are having many proposals from companies operating in these countries and their contracts are being looked into. Some of them have agreed to convert their loans into projects," Mahdi told AFP.

Trying to paint a rosy economic picture, the minister said Iraq's inflation was controlled despite salaries shooting up more than ten-fold in the past few months.

"This indicates a healthy situation. Inflation is lower than what it was a year ago. Statistics on this front are being prepared as we have just started work."

Mahdi said his government was willing to open the economy to foreign investors, especially in key sectors such as banking.

"Many banks have shown interest in opening branches in Iraq and we are looking into their proposals," he said. - AFP

Kevin

Here is an e-mail I got back from B of A.. I was once told that they were going to start trading Jan 05. But now it looks like they have changed there mind...

Dear Mr. Troxell,

Thank you for visiting bankofamerica.com.

Bank of America does not exchange Iraqi Dinars.
I have no information on when or if Iraqi currency may become an
exchangeable currency at Bank of America.

Sincerely,
Diana
bankofamerica.com/foreigncurrency

Ian - The bank of American, among other banks simply do not know how they will handle this Iraq currency, and will not give you an answer. First you have to realize there is no way they can give you an answer, much less exchange this currency, because there is no official exchange rate for this currency. (The current exchange rate of 1460/$1 is unofficial with auctions each day until community leaders/world bank/Central Bank of Iraq determine how or if the currency will be backed or pegged). This is certain to happen in order to attract & provide incentive for other countries to trade with Iraq. (who wants to trade with a country who's currency is not backed by anything???)

Bottom line: One reason why I beleive some/most banks will be exchanging this currency is because of the enormous amount of money they will make when they start exchanging. I called Wells Fargo 2 days ago and asked them how much they would give me for the Jordan Dinar (which is currently @ $1.41). They said they would give me $1.26... So they just made .15 cents or 10.6% by exchanging this particular currency. So if I went and exchanged 1.41 million Jordan dinar, Wells Fargo would take approx $149,460... Do any of us really think banks won't jump in on that action once the dinar starts trading internationally ??? 10.6% is Wells Fargo's rate.. Anyone holding 5 million Iraq dinars when it is worth .01 cent: That is $50,000 minus 10.6% currency exchange rate = ($5300)... That's just on this Iraq dinar being worth .01 cent !!! The bank just made $5300... Think if it goes to .31 or higher ???

Do I think banks will eventually stop acting DUMB when people ask them questions about the Iraq dinar... I will bet my next pay check & yours !!! These banks are all about $$$$$$$$$$$

Kevin

I'm a soldier that deployed to Iraq during OIF1. I bought a little over 2 million NID's in Mosul just before I came home a couple of months ago. It was OK to do so then. My best friend is a soldier who is serving over in Iraq now......he's in Baghdad. I was going to get him to buy me some more NID's and send them to me (much better rate than the web dealers offer). He was about to get me some more, but he began hearing rumblings about a crackdown by the military customs folks. So before he inadvertently got into trouble over some brand new policy, he checked it out first with JAG. He emailed me back today and here's what he found out:

John

I did talk to the JAG two weeks ago. They have busted soldiers for trying to ship an AK47 and other toys home. However they busted 2 for trying to mail Dinars, they don’t even allow mailing of the old ones now which are sold as souvenirs. They confiscated money from soldiers going on R&R and are pending some action that they (JAG) don’t even know at this time. They know about the brokers exchanging money in the states because it is legal. However over here it is different (you know how it is) and we live under a separate set rules. They will release guidance at some point but the bottom line is that as of right now, this is not happening.

Sorry

I have been reading posts on this board where folks have been hearing bits-and-pieces of rumors that this may be happening now. Sounds like it is because this is straight from the "front lines". It sounds like a policy is coming out soon from the military channels to stop Dinar trading by soldiers (and it may also have jurisdiction over KBR-types as well). So if you're getting NID's from a buddy over there, you may want them to ship those NID's ASAP before this policy is published and fully implemented theater-wide.

If anyone else has heard details of this from buddies over there, please advise.

Hello everyone a lot of good info. I heard a rumor last night at work here in Kuwait but a fellow noncomissioned officer told me that he read that Wells Fargo bought $6 million worth of IQD I do not know if this is valid but we are trying to find the source document when he read it while online. I will be searching tonight for it. If I find it I will pass it along. If it is true I would like to know what all you think Thanks

Why do people always list Palm trees and figs important resources when speking of the potential wealth of Iraq? I would guess that Nabisco already has a source for fig newtons and what do you do with a palm tree? Oil, Natural Gas...yes! Figs and Palm Trees...I just don't get it. Oh yes, by the way, are you still out there "Deepspace"? Boy was that funny!

Scott - you need to get well-connected with Iraqi fig & palm tree's... Ha ha...

Search Google and enter these resources for more info.

K

DINAR INVESTORS=IMPERIALISTIC VULTURES

WHY AMERICA IS GOING POSTAL

When people around the world are desperate and hopeless and suicidal
they go into their bedrooms and close the door and kill themselves.
When Americans are in the same situation they go outside and try to
take as many people with them.
America is now in the same situation of feeling ostracized and hated
and cornered by the world.With international travel and global
communications Americans are finding out what their reputations are
and what is said about Americans around the world.They are made to
feel unwelcome and unwanted in every country and made to feel
embarassed and ashamed to hear what one hears about Americans in every
country one travels to.People around the world will never think of
visiting America thinking one would just get shot.Satellites and the
internet send what the international community says about America and
Americans into American living rooms today much to the dismay of the
American media which the world always knew were pathological liars.
The world's most hated country with the world's most despised and
ridiculed people is now striking back at the world and is the new
Fourth Reich bent on invading and destroying.America which has been
crumbling socially for decades with all its social problems of
violence,crime,illiteracy,etc.,is going to try to punish the world for
thinking it is a barbaric degenerate dying Rome with its bread and
circuses culture.
The world's shortest and most violent and shameful history on earth is
leading to the fastest decline of any empire in world history,and if
it is going to be hated by the world,it will go outside into the world
with a high capacity semi-auto and take as many people and countries
with it.
Unfortunately as with mass killers and disgruntled Postal workers,they
may take out a few,but the whole world will become a SWAT team.Suicide
by cop.

AMERICAN'S 1ST TIME TRAVELLING THE WORLD

i just travelled around the world for the first time and why do they
hate us so much???
in every country the only thing people talked about is america and
americans and it all sounded the same??
why cant they talk about something else like the weather or sumthing??
how can billions of people in hundreds of countries come up with the
same thing??
we aint the world bully or rabid dog and we isnt all fat illiterate
ugly americans that were born killers and rapists and our women aint
all loose goldigging whores!!!
how can any american visit any country and feel welcome or wanted???

its bad enough we gotta wear all black so as not to appear american
and its bad enough we gotta avoid places americans congregate cause of
the terrorists and the bombs,but this is too much!!
i aint gonna spend my welfare checks in countries that dont treat us
nicely!!!
and they gotta stop using the word american as a curse word!!!
and they gotta learn to speek proper american like normal folks!!!
and stop driving on the wrong side of the road and using that
confusing metric system!!!
we gots enough foreigners here those durned wetbacks steeling our jobs
so we should be able to travel to other countries to git away from
durned foreigners!!!!!
and they need more mcdonalds in other countries!!!
real food for real men!!!

Confused,

I'm confused with your assessment. How does one equate the US responding to a horrific attack on American soil on 9/11 to individuals in the US going postal, to having to be concerned about what other IGNORANT people abroad may think about us. The US did exactly what it had to. The best analogy is this: If some whack job(s) came into my home, and killed my family for no GOOD reason, other than religious/radical reasoning and I then go after them and seek restitution & JUSTICE, why the hell should I give a rats A -- what other people abroad think about me??? When you go out and murder people in cold-blood, you will be dealt with ACCORDINGLY !! Intelligent people refer to this as SELF-PRESERVATION (the #1 law in nature/survival & life)... President Bush did exactly what he should have done & he continues to do what he should be doing. Contrary to popular belief & world views, President Bush is an intelligent individual. And he does not get caught up worrying about what others think when he does make the right decisions to defend our homeland & national security. We call that DECISIVENESS & LEADERSHIP !!!

By the way: This forum is for Iraq Dinar discussions, news & updates. Not for brain-dead,Anti-American, trivial Anti-American concerns, left-wing ideaology discussions or debates. Keep it to Iraqi Dinar topics.

Kevin

I'm confused with your assessment. How does one equate the US responding to a horrific attack on American soil on 9/11 to individuals in the US going postal, to having to be concerned about what other IGNORANT people abroad may think about us. The US did exactly what it had to.

The best analogy is this: If some whack job(s) came into my home, and killed my family for no GOOD reason, other than religious/radical reasoning and I then go after them and seek restitution & JUSTICE, why the hell should I give a rats A -- what other people abroad think about me???

WHICH IS EXACTLY WHAT AMERICA HAS DONE WITH ITS MILITARY AND CIA AND FOREIGN POLICIES AROUND THE WORLD.MILLIONS OF HUMANS HAVE BEEN DIRECTLY OR INDIRECTLY KILLED BY THE USA,MORE THAN ANY COUNTRY SINCE WW2.
THE UGLY AMERICAN WORLD BULLY TRAMPLES AROUND THE WORLD LIKE BULLS IN CHINA SHOPS INVADING AND EXPLOITING AND STEALING AND KILLING LIKE ITS AN AMERICAN PRIVILEGE.

When you go out and murder people in cold-blood, you will be dealt with ACCORDINGLY !!

THE WORLD THROUGH THE TERRORISTS AND THE DOLLAR IS DOING JUST THAT TO AMERICA.RIP!!!

Intelligent people refer to this as SELF-PRESERVATION (the #1 law in nature/survival & life)... President Bush did exactly what he should have done & he continues to do what he should be doing. Contrary to popular belief & world views, President Bush is an intelligent individual. And he does not get caught up worrying about what others think when he does make the right decisions to defend our homeland & national security. We call that DECISIVENESS & LEADERSHIP !!!

DUMB GULLIBLE BRAINWASHED IGNORANT AMERICAN HICKS SURE BELIEVE WHAT YOUR CORRUPT GOVERNMENT
AND MEDIA PROPAGANDA SAYS.HEEHEEE....

By the way: This forum is for Iraq Dinar discussions, news & updates. Not for brain-dead,Anti-American, trivial Anti-American concerns, left-wing ideaology discussions or debates. Keep it to Iraqi Dinar topics.

Kevin

IRONIC THAT THE IRAQI ECONOMY WILL FLOURISH AND THE IRAQI DINAR WILL APPRECIATE WHILST THE AMERICAN SERVICE BIG MAC/COKE ECONOMY WITH 7 TRILLION IN DEBT AND A COLLAPSING DOLLAR BEING DUMPED BY THE WORLD.
NOW ITS BACK ON TOPIC AND YALL UGLY AMERICAN MUTTS WILL BE LIVING IN A THIRD WORLD COUNTRY DEALING WITH A MILLION LA RIOTS!!
MWAHAHAHAHHAHAAAAA!!!!!!!!!

Kevin,

I am agreed with you about what George Bush is doing, he should do what he is doing for protecting our nation and our homeland. All these muslim are terrorist and wanted to kill every one who his other than muslim. These all mulims are bloody evil.

Gimmeabreak - I remember your previous posts. Your the apparent Vietnam vet who caught a mortar on the head or one that has some other form of traumatic brain injury. You always make me laugh. Since it is you, I will just laugh at your psych-babble and take your obvious brain injury into consideration. I'm sure the rest of our readers will to. I will be easy on you.

BUSH 2004 (America Rules)

muslim do desereve for kill. i think all muslim should be killed and than you will seen peace on this whole world

If there was not America world would be like jungle. This is America who control these muslim terrorist:-)

Thanks Peter.

Some people will just never get it ! Some people will never learn or comprehend that there is pure EVIL in the world, and efforts to understand them or attempts to talk with them have NEVER worked & will NEVER be an option.

Kevin

Hey Gimmeabreak,

You speak as if you are from third world shit hole, yet your writing skills are on par with some backwoods, hillbilly 4th grade drop-out...what gives?

REMEMBER THAT THIS IS A FORUM ABOUT THE IRAQI DINAR'S POSSITIVE OUTLOOK IN HTE NEAR FUTURE. this is not a furom about how horrible is. Yes life is not fair and we are more aware about terrorisom than ever before, but you need to understand that evil is not here to destroy us, but to help us survive and that is the reason why it has survived for so long. Remember common sense states that if evil wasn't so needed than it obiously wouln't exist. Life will never change, but it will get better. And peole that take advantage like of opportunities like the Iraqi dinar will continue to be financilaly sucesfull.

Good luck Iraqi Dinar speculators!!!!!!!!!!!!

Hello all,

Who has bought Iraqi Dinar? I bought some as I am overseas in Kuwait. The money exchange dealer went through all the good stuff with a UV light to prove it was real. When I got home I noticed it was a little beat up though. Some has small amounts of handwriting on it. Two bills are torn slightly in the corners.

Does anyone foresee this as being a problem in the future, if I try to exchange? I know there are places giving crisp Dinars out, but I'm sure I would have to pay more money to exchange what I currently have for crisp ones from a different dealer. Am I just worrying about something that's inconsequential? The worst thing in the world would be for it to become worth some money someday and then not be able to exchange it.

Thx

Fred

Gimmeabreak,

This Ugly American Mutt will be sitting in a free country tonight, in an air conditioned room watching the great American past time, Texas Rangers v. Baltimore Orioles, with an ice cold beer in my hand. OH - by the way, Texas is where George Bush is from. Now the President of the greatest land on earth! I think I will have another ice cold beer just because of that. I'll be thinking about you down in rag-head land, with mounds of sand & 120 degree's Daily, with bullets & bombs going off. Oh, this ice cold AMERICAN made beer taste great !!! Sure wish Soriano hits a home run tonight...

Cheers from this happy American Mutt!

I could not agree with you more Jack. Oh, except for one small detail. GO A's! I have been an A's fan since I was 5 years old. Here in Alaska, there is really no "home team". It is fun to talk baseball as there are so many teams that people here follow. I really do wish you and the Rangers well. Soriano was a steal! Who needs A-Rod? I really don't think that you guys have the pitching to keep up with my boys though. I will be joining you in the beer department in about three hours. After work (in an hour) I taking the kids to go get some Salmon. They are in by the millions in the local streams. Come on up and I'll treat you to all the beer and fishing you want!

The racial and ethnic slurs being made by both sides of the argument is quite sad and disturbing.

Stooping down to this type of level is never an excuse to just try and get back at someone for insulting your country. All the arging does is show how prevalent ignorance can be found in all cultures.

It's very embarrassing that people can't summon the intelligence to rise above throwing around such elementary, derogatory comments back and forth.

proof read people,,,, proof read,,,,

Has anyone heard when the NID is supposed to hit the trading block???

I heard Jan. anyone know

>
WHAT EXACTLY IS THE UV LIGHT SUPPOSED TO SHOW, IS IT JUST A LIGHTER SQUARE OR DOES IT ACTUALLY SHOW SOME WRITING THAT IS ILLUMINATED? Thanks

Cut the rude posting, or I will close this thread.

Fred,

Unless the notes are grossly mutilated or torn in half without being connected back together, I have been told by Wells Fargo and the foriegn currency exchnage office there are no concerns. This applies to all currencies. Minor slices, torn edges, etc... should be no problem.

**NOTE TO ALL INVESTORS: I read a Washington Post article mentioning intentions for 7-Up, Pepsi & Coke to seek market share in Iraq. I will try to find the article and share it. Iraq now has 40 companies exchanging on the Iraq Stock Exchange. That number will climb to over 100 by the end of the year. With just 40 companies, the stock market in Iraq is going crazy... That's great news.

Kevin

Dan,
With reference to your comment on Aug 4, investing in the ISX, do you know when foreign investors (you and I) can actually start purchasing ISX stock??

Thanks.

Well, my husband is over in Mosul right now and many soldiers are doing this very thing. I told him just get $1000 every month till he comes home. Which will be in about 3 mos. My family is jumping in and my best friend. Of course not as much as we are, but I have a better gut feeling and possibly have the means to do more. I told my husband we will just sit on them until we are done with school, which will be about June 06.

My question, how long do you think it will take just to get back to the .33c prewar? Or better yet match at $1/1id? I don't plan on exchanging all at once, but in increments.

I tried to find a pattern with the KD from Desert storm, but couldn't find anything. I know this is a win/win situation. Either I make what I put in or I make a ton of money. My gut never felt so right in my life. Good luck to all.

To answer Greg and Kelley: The ISX is 'expected' to open up to foreign investors sometime by the end of August. They're currently working on their computers etc...right now using chalk boards...
The dinar SHOULD Open at least where it was before the war and when sadamn was in power. That makes the most sense, but we'll know soon enough, more foreign investment, foreign ownership of companies, banks deregulated for foreign commerce...sanctions lifted...billions pouring into Iraq...World Bank and IMF working on debt forgiveness...I posted an article way back when from the Asian times business section that said 'anonymous' was quoted as saying they expected it to open at .42 cents
Pray for the safety of our Troops and the peace and prosperity of Iraq.

im gonna be rich!

How can you buy Dinar if you are in the US?

kelly you have a long wait ahead of you to reach 1$/1 Dinar but .31 cents might be able to be achieved in a yr or so.... i put .10 at being able to be achieved with 5 months

if anyone has any info on buying stocks from the isx. please post! ive been searching, but i cant seem to find anything very solid. thanks a bunch, aloha from hawaii!

wil - All the info you need is at http://www.investorsiraq.com/index.php?

Recommend the Bank And The Stock Exchange Forums.

Here is a good FAQ as well.

http://www.investorsiraq.com/showthread.php?p=5174#post5174

Why wouldn't the Iraqi economy get better? The country has too much to offer. Those people deserve to be prosperous after all the years of crap. No matter who gets elected to be president, all the eyes of the world are on Iraq, and too many have too much invested in the country's success to let itwouldn't the Dinar go up? The country's fail. Whoever gets elected President needs to make Iraq a sovereign and prosperous country. America has too much to lose.

Just out of curiosity, what events would keep the Dinar from going up in value? It seems like everything is lining up for the Iraq economy to start getting better. Why wouldn't it?

Purchasing dinars is extremely risky. We know that...it has been said time and time again. Purchase what you can, if you have the means. Use this website to keep in contact with like-minded individuals. We need to know the good as well as the bad news, but turning this site into a Anti-American/Muslim slander fest doesn't help anyone; it actually just wastes your own time. Bigots usually aren't smart enough to invest in anything anyway.

To call all Muslims terrorists is to allow them (terrorists) to win because we continue to breed this stupid cycle of hatred. It is easy to get emotional and type (poorly) opinionated script about "Muslims" or "stupid Americans" or whatever, especially when dealing with the FUTURE, which regardless of who is writing, we all have some interest in.

Let us---typing from the safety of our homes and those serving in Iraq, continue to have faith that this country will solve their own problems their way. Then and only then will any investment anyone has made become worth the time and effort it takes to write and proofread any script to a website, let alone what we can exchange them (dinars) for. If Iraq can not bounce back---I could care less about the money I will lose. I feel for the Iraqi people...have they not endured enough.

P.S.--I just recieved 25k notes and they are absolutely beautiful---I think the next time I am going to purchase another (smaller) denomination just to see how nice those look.

"Just out of curiosity, what events would keep the Dinar from going up in value? It seems like everything is lining up for the Iraq economy to start getting better. Why wouldn't it?"

Start with "stability" and then work your way to "inflation". Along the way, check out the Iranian Rial that was introduced at about 1700 per dollar a few years back and is now trading at about 8000 per dollar. They have just about as much proven oil reserve as Iraq does. Iran is socialistic and has been somewhat isolated by the international community, I know, but if you trace the recent history of the Rial, you'll see that you've asked a really good question in the right place.

This is a highly speculative investment -- don't invest more than you can afford to walk away from.

Creating a Central Bank seperate from the ruling branch of the gov't is a strong step towards keeping inflation in check and they are mindful of their mission to stem rapid inflation. Perhaps we'll see a currency board which will (arguably) be better news. But remember, regardless of what the current administration says, printing more currency for a new gov't is always a huge temptation and the balancing act and discipline required to keep inflation in check has a significant learning curve.

Any other insight into this pivotal question?

I do want to say that I like the fact that this forum is not being supported by/advocating one Dinar trader or another as some others. It still has the ability to allow us to engage in a real dialogue/debate American style.

Jmac

http://www.investorsiraq.com/index.php?

the greatest thing that ever happened to the dinar and the best step to take to educate yourself and to make better choices on your invesment!!!

Tony,

I have to say nonsense to your website; http://www.investorsiraq.com

I registered on this website last week, and to this day, I am unable to post. All I get is the following;

Eagleclaw, you do not have permission to access this page. This could be due to one of several reasons:

Your user account may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.

SUFFICIENT PRIVILEDGES ???????? What is this? A Top-Secret, Covert website or what????? Why the hell would I need priviledges to discuss & include important information I have about this currency on this website.???

I think this has been taken too far.

Thoroughly disgusted,

Kevin

how do you not have access when i see your name eagle claw viewing the board? its too bad you say its nonesense we had 70 members join within 2 days and were over 300 members strong a bombshell has just been dropped bout when the dinar opens and at how much and with the info i have bout the iraq stock exchange it all fits together but you gotta go to the board i also emailed the board owner bout your problem a few days ago maybe your just doing something wrong we never had any problems like that

Kevin, are you able to log in as "Eagleclaw" when you come to the site, b/c I don't see that name under the Members List??

Maybe try re-registering? I never heard of a person having this problem....

Tony- Sure I can view all I want. I can't post. I keep getting message I indicated.

If you have any answers, please e-mail me.

Kevin

Did you receive your account activation email and click the link contained within?

Tony - And I just tried registering with my full name and other e-mail.... Same message;

you do not have permission to access this page. This could be due to one of several reasons:

Your user account may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.

Blake - No, I never received the intial acct activation e-mail.

Tony & Blake - After re-registering with my full name and differnt e-mail address, I just received the acct activation e-mail, unlike the previous time?

Forgive me for getting overly frustrated.

Kevin

no problem welcome to the board.

Tony and Blake,

You guys do a great job moderating at "investorsiraq.com". Sounds like your guy Amer at Papermoney is a pretty reliable Dinar trader-- I'll find out for sure soon enough.

Check your end...I had the same problem that Kevin had-- ie: No registration email with activation link sent...it's been about 3 or 4 days. I can login and read all I want, just can't post.

Jmac

...And again, this time with a different email address. Message says registration link email has been sent, but no email...

I'm sure everything was done correctly...

Does "investorsiraq" have to individually approve who can post or are they just experiencing technical difficulty?

I am confused to sell my big investment Iraqi Dinars or not. i read alot that it could be risky not only from this blog but from different sources . And even the satuation in Iraq is getting wors today in Najaf alot of confelect bettween. Please does any one knows when it's going to Open in the Market and even the News Doe's not Incourage any one for Invisting i have been watching most the arabic channels but no Indication for fast recovery,and what makes me more confused how come country Like afganistan with no Infrastructer there currency apreciated like it used to be desbit of lack of Oil reserve or gas or even agricultral resources. I start Thiking that satusation in Iraq is uniq and unbredictable. and even the financial currency strep in the news got spider nets on it does.nt move at all dang every day the same rate. what is going on. and what that action that the central Iraqi bank is taking it in daily bases. Any way I hope some people leave the hatered from this blog becuse hatred has exist million years before us and will continu if some muslim commited bad acts that cant be generlized. like in America it self i expect to be alot of heatred as we read here in some articals that has been writen by American authers. Please don't tell me no there is not cause hatred is every where it's matter how do you think it's up to you to be hater or loved person i have seen good christian and bad one also in Other religons you can find that.It's the person inside you. any way i need help on Iraqi dinar and answers for all my questions. Salam Alykum

Okay, a little good news, maybe. I live in Jordan and just had coffee last night with a very wealthy man currently owning over 250 million IQD and he is planning to purchase more. Approx 200M more. You may say, well he can afford it so why listen. I thought the same thing, and don't know for sure, but his opinion was that when the fighting in Najaf ends the stability and value of the IQD will improve. Duh! What would you think would happen?? But I thought I would pass it one.

He also said he was not going to invest in the ISX at this time. Didn't really get into too many details, but he said he was going to wait 6 months. I was bummed, because I wanted to throw in $5K and ride the wave. But I may listen to him. I've got nothing else to go on. Also there was another friend of mine owning approx 70 million IQD. He is planning on buying more, but will not ivest in the ISX at this time. I guess I won't either. But I will probably set up an account.
There you have it.

Abdullah, go to this website for all your info.
http://www.investorsiraq.com

Hey, can someone explain to me the ISX. I know the IQD is the dinars but what is the ISX?? I know it has to do with iraq. (LOL) But serious what is the ISX??

Never mind. I found out what the ISX was. Thanks! Anyways. Anyone have any good news lately!! I am looking around but I don't see anything new. Have any GOOD NEWS post it!!!

http://www.investorsiraq.com/index.php?

look here for good news

Tony
where is good news?

COME ON! I think there is a difference between being optimistic and delusional. I've also invested in dinars but everyone has to know that there is a risk in doing so. It's just as probable that we have all just thrown our money away. I think optimism is great, but how about a little realism too? Deepspace made some comments that to me made a lot of sense. I've already invested in dinars, so of course I want the value of them to go up. But be a little realistic, there is a possibility that they won't. Who know's if Deepspace is legitimate or not, but I did appreciate his comments. I think that anyone who is thinking about investing needs to look at both sides. Even if you've already have invested you've got to know that you've taken a risk.

O.K. I don't know the difference in the dinar and
ISX. Can someone please tell me?
Thanks Jo

ISX=Iraq Stock Exchange

Although there are related concepts, for your needs/interests in the dinar, it would be easier to just think of it as a completely different subject and not worry about it.

dear sir, new iraqi dinars rate is very low why and in future 2005 one new iraqi dinar value one cents please tell me sir.

Bravo James Wilcox!

...And still no registration email from "investorsiraq.com"...

Apparently I don't tow the line as the moderators at "investorsiraq" would wish for. Apparently one REALIST like Notre Dame is more than they can handle at one time. Amer seems to me to be an honorable businessman (as is Antiquesghaith), but come on "investorsiraq"...

Your site is full of dreamers and rumor gossips (observe Jen's latest-- and new folks under different names that support her posts and post suspiciously like her) seems to be what the moderators (heavy handidly) encourage.

If you want propaganda go to "investorsiraq"...If you want REALISM and intelligent discourse, stick with other forums. Straight up.

Jmac

Oh, by the way...

Investorsiraq: Please stop super-spamming this message board-- it's annoying.

jmac
what other forums do you recommend?

Jo:

The ISX, as Blake (Investorsiraq.com moderator) has pointed out is the Iraqi stock exchange. While there are some ostensibly outrageous buys here, you cannot purchase them and they are arguably much more speculative than investing in the Dinar which is the Iraqi currency.

Nadeem: Nobody knows the answer to your question-- if we did have crystal balls and knew the answer to your question, I doubt we would be wasting our time in this forum. But I'll tell you what-- if you find the answer to your question please post it here first.

Jmac

Jm:

That's the problem-- there's Fatwallet and this one that I know of as an alternative-- both pretty much defunct. I think that's precisely why "Investorsiraq" has taken such a turn. We really need to re-launch this site as a site for REALISTS who consider all the risks and do not encourage "selective information". I like to dream as much as the next guy, but my preference is for like minded people who have a thirst for unadulterated information.

I'm no expert, although I do have an MBA-- not in international currency trading-- and understand (to a small degree) the macro political/economic environment that we're all seeking to understand in Iraq. I'll try to answer any questions I come across, but I'm sure I've got more...

Jmac

jmac the members of investors iraq made this board what it is if not for us there would have been no info to look up i suggest you join both board and educate your mind and stop being so ignorant.

jmac,
honestly, there is no conspiracy at investorsiraq to keep you from posting. the entire activation process is automated. you must not be registering correctly like the other person wasn't. try to re-register again and look for the activation email sent to your email address that you list.

I agree that there are alot of "dreamers" on the investorsiraq forum and you do have to muddle thru some misinformation and hyperbole, but there are certain informed posters I look for, and i really only take to heart their posts. i wish we could limit the amount of posts and uninformed posts that occur on the forum, but right now, that hasn't been possible.

Finally, the founders and moderators at investorsiraq were actually the very people that started the thorough discussion on this site at T&B. alot of times at investorsiraq, we just don't feel like repeating our long analyses from the original T&B thread and just give short responses to the same repeated questions. so then its easy to pass over them and just be overwhlemed with the mounds of "puff" on the board.

if you go back and read through the best responses on the original T&B thread in the HTML file, you will see they are from almost all investoriraq members.

Tony: You're an idiot.

Blake: Agreed. But you have to admit, there haven't been a lot of "value added" posts recently to you're forum.

Jmac

That's why I haven't been posting that much on the dinar there lately. ;)

Right now, there just isn't that much new information or new issues that have not been analyzed at some point in my research on T&B or on the investorsiraq forum.

So, unfortunately, I think alot of people on the forum have resorted to posting whatever inane thought that comes to their mind. And that adds up to alot of drivel.

Methinks that this whole bout of "instability" in Iraq is a calculated bid to diminish Sadr's power. Sadr would've played along if he was given the clout within the new administration that he thought he deserved. Fact is Sustani (please don't hold me accountable for Sp.)has a much wider appeal within the majority Shia population and the new administration would rather him (being the relative moderate that he is) be the main Shia man. The new admin probably wasn't big enough for the both of them. How convenient that Sustani leaves 2 days before this "radical mop-up" operation.

Look at Allawi go-- he is the "new Iraqi hard man" as I heard him called several times in the media tonight. I think this vetting of the new administration and simultaneous calculated diminishment of the Mehdi extremist forces bodes well for our dinar investments-- in the long run of course...Just hope that the new administration's calculated risk doesn't foment mass Shia uprising/civil war...

Any other thoughts?

I'm keeping my fingers crossed and my eyes glued to the scene at Najaf.

It does look like they are having more success making strides against Sadr this time, & that there may be a breaking point coming soon in the scale & frequency of the insurgency overall, but I may just be too optimistic in that regard.

I really do like Allawi in charge though, i'll tell you that. He seems unafraid, determined, and possesses the integrity & confidence the region needs right now.

One question I always had, will Allawi be eligible to run for "re-election" in the coming January elections or is he definitely only an interim leader?

Hi Blake,

I'm no expert, but my own thoughts are that Allawi's chances of re-election depend on what he does in the next several months. It was no accident that Allawi was chosen for this job by CPA. Even as 20 year expatriot of Iraq, he always had the reputation of being politically tough/unrelenting. I would bet some US dollars that his popularity with the Iraqis skyrockets if he keeps this "tough as nails" approach up. They are used to and need a strong leader. There is no real Iraqi state right now -- it exists for the Iraqi people in Allawi-- they all want security and a tough leader more than anything-- hey, many beleive that a strong leader is what prevented civil war up to this point.

What he's doing right now is drawing a line in the sand-- he's deviding the extremists from the more moderate... It's do or die for him now. My money's on him-- he's an adept politician as well as a tough man. There are serious risks though: This battle against the Mehdi (SP?) is taking so long because they are literally hiding behind religious artifacts/mosques/etc. The Marines can't just blast these several hundred extremists without perhaps ruining Ali's shrine, etc. This would be the political third rail for the new admin.

Sadr City is also a powder keg. Doesn't seem like there's huge support for Sadr-- most see him for what he is -- a meglomaniacal extremist, but there are enough 17 , 18 year old poor kids without a future in that ghetto who'll trade their lousy future for martyrdom/ a higher calling in a second.

My view is that this is that this whole Sadr thing is no accident-- it's a calculated/ orchestrated effort to destroy as many Mehdi extremists who won't play ball as possible-- I just hope they know what they're going to do in Sadr City or what they'll do if the marines destroy a significant religious artifact during their routing of the Mehdi.

This situation can go two ways: Allawi comes out a winner and Sadr and his Mehdi--the biggest thorn in the side of the future elected gov't-- are too weak to not go along or the thing spins out of control and the greater Shia population is further alienated from the new admin. Either way, the Dinar wait and see game we are playing gets facilitated-- ie: if this thing doesn't spin out of control, I'll have a lot more faith in the stability of the gov't.

Anybody else?

lmao jmac your a fool amazing how no one gave a shit bout iraq but now that they stand to make a penny they all want it to survive your pathetic all you care bout is the money you dont care bout the people there fuckin dork.

On a slight different note, I just purchased another 2M IQD at the local money exchange yesterday (in Jordan). Can anyone confirm the World Bank will "recognize" the IQD on 1 Oct. More mere rumors I suppose and I don't even know what that means. I'm researching it and will post anything I find out. A Jordanian friend mentioned it to me...here we go again.
The feeling over here is, I guess, somewhat positive...some excitement about the IQD. There seems to be a slight mis-trust of Iraqis, when it comes to engaging in business. I give them the benefit of the doubt however, as they have been through a lot recently.

Hi

I am looking to buy 1 million Dinar, can anyone tell me if It is possible to buy from the banks in Iraq from the UK. All of the internet sites selling Iraqi Dinar are ridicuously inflated prices. I want to buy Iraqi Dinar at approximately 1460 = 1USD. Many Thanks

AMERICA'S FUTURE LOOKS...
preeeeeeettyyyy bleak!!

and it aint having to hear what the whole world says about how much
the whole world hates america and about how bad americans are forever.

and it aint being regarded by the entire human race as the worst mutts
genetically born in the history of mankind living in the only country
in world history hated by the entire world.

and it aint having to live with with amber alerts and paranoia and
duct tape and tarps forever.

and it aint knowing that the world's hatred of america and the dehumanization of americans
was done before to the jews in nazi germany.

and it ain't the dollar bubble collapsing and being dumped by the world and the 7 trillion in debt collapsing on a big mac/coke service economy.

and it aint even having every terrorist in the world always targeting
america and americans with dirty bombs and anthrax and cropdusters and
viruses.

its really just having to live in a third world penal colony with a falling
double digit national iq and a third world education and third world religious views filled with millions of illiterate violent murderers and rapists and child molestors forever with a culture of joe millionaire and the bachelor and for love or money and temptation island and
married by america and mr personality and rap music and britney and
nsync and laci peterson and oj and kobe and tonya harding and michael jackson
and mike tyson and paris hilton and susan smith and monica lewinsky and clinton and bush and la riots and sleaze and hedonism and narcissism and bread and circuses and barbarians at the gates and aids and the world chanting 9/11s every day!..........

Hey Kvn,

Move. Land is cheap in Afghanistan.

I think someone is getting a big head

i hate americans especialy white americans!!!
and i praise allah for the day of your extermenation!!!

wow tony and I really liked your comments on this page. this is comming from a white american

Tony
Why you hat American, is all American's fuck your mother in one go?

America is a shining light, the crystal city on the hill. A beacon for all. Stop watching trash television and start reading.

Tony, just so you know it was white americans that helped to develope the software, the programs, and probably the computer your using now. Don't tell me you have Microsoft. You do know Bill Gates is pretty white. :) DON'T HATE!

Tony didn't make the comments attributed to him. Obviously, it was someone who just typed in the name "tony" and plugged an email address to make him look bad.

These angry people just serve as a distraction to the issue...we (as a country) have invested our military, political support, economic support (with more to come for sure), and more sooner than later the rest of the world will join the Iraqi people to help them help themselves.

The Iraqi people have been offered a chance--they can use this chance to help or hinder themselves. If they help themselves, they and those who have invested will reap the rewards. If they fail, who wins then?

The next generations of Iraqis will have to look back at a missed opportunity. Again, the Iraqi people will and must determine their own fate. They will do what is necessary to ensure their interests...Hopefully.

Kevin, I am new to all this, but I went to ebay after doing a little snooping around at the sites and found Amer who sells under the name dima89 and bought for $897 per million. Bought last Friday and they are being delivered tomorrow according to dhl. He was very dependable and had come recommended by people on several sites. Hope this helps.
Jo

GO FOR IT !! DONT BE SORRY WITHIN A COUPLE OF YEARS, WHAT MAKE YOU THINK THAT THE VALUE OF THE DINAR WILL NOT COME BACK LITLLE BY LITLLE, EVEN IF YOU NOTICE THAT IS NOT COMING BACK TO ITS VALUE AS YOU EXPECTED YOU CAN ALWAYS SELL IT AND MAYBE GET MUCH MORE OF WHAT YOU PAID IN THE PAST,FOR THOSE PEOPLE THAT THINK INVESTING IN THE IRAQI DINAR IS NOT A GOOD IDEA , WHAT MAKES YOU THINK THAT IRAQ'S ECONOMY WILL NOT PROSPER??? MAKES NO SENCE TO SEE THE DINAR 5 YRS FROM NOW STILL THE SAME IN ITS VALUE IT WILL MUCH BETTER BELIVE ME, CARO

I have no previous knowledge about any of this, but my question is; How do we know that we are not funding Al Qaida when purchasing the Dinar? I am seriously considering investing. Also, where will we go when we want to cash in?

Although it wouild be impossible to conclusively prove that no dinar sellers is an Al-Queda member, I don't think al-Queda members are showing at the Iraqi gov't daily bulk auctions to purchase the uncirculated currency.

For me and many others, we have gotten to know Amer (Ebay userID: Dima89) very well and I am convinced he is not part of any such conspiracy.

When the dinar opens back up on the FOREX market becoming a tradeable currency again, it will be very easy to exchange your dinars for dollars at several national bankns across the U.S.

>
Well, I got news for you, you cannot buy it at 1460 ANYWHERE, EVEN IN IRAG IT WENT UP TO 1434 FOR A DOLLAR. The link is below. Good luck.

http://fxtop.com/en/historates.php3?C1=USD&C2=IQD&DD1=06&MM1=06&YYYY1=2004&B=1&P=&I=1&DD2=10&MM2=08&YYYY2=2004&btnOK=Go%21

Frank said:
"Well, I got news for you, you cannot buy it at 1460 ANYWHERE, EVEN IN IRAG IT WENT UP TO 1434 FOR A DOLLAR."

So, it went up a little bit. It's been increasing and decreasing in those small increments for a few months now. It's not really "news".

When will the iraqi dinar open up to the markets?

We're not sure yet. the inside info is being kept under wraps for now. Best guess right now seems to be between October-December, but it's just an educated guess.

Hello All!

Guys, your excitement at the propect of iraqi dinar appreciating its value in future is justified. It will definitely go up.... but perhaps it will take time and patience. with the existing law and order situation in iraq, nothing positive can be predicted. So make it a long term investment and hang on till the situation gets better.

How can one expect a stronger currency in a war torn country like Iraq, where everything needs to be revived, every sector needs to be resusitated. If you All guys have the patience to wait till the political and economical stability comes in iraq, you are the lucky one, otherwise keep yourself happy by just keeping those beautiful iraqi notes under your pillow.

"wow tony and I really liked your comments on this page..."

What's there to like? I'll send you 1 mil IQD if you give me just one instance of a value added post made by tony-- on this forum or the other one he's been spamming for.

It may be that somebody posted with tony's username (if that's possible in this forum), but I wouldn't be a bit surprised if "tony's" last lovely post was his.

Tony: Try using some punctuation in your peurile flame needs...

PLEASE SEE THIS LINK.

http://www.msnbc.msn.com/id/5648755/

"When will the iraqi dinar open up to the markets?"

Well, if you believe the rumor mills over on "investoriraq", it'll be August 18th.

One KBR spouse over there says she saw some sort of document that she has not yet produced (I still don't know how she can see it when she's in TX and her spouse is in Iraq and still not have a digital copy to produce).

It's not clear if the "memo" came from a "Big Head" (local currency trader) or KBR -- (I still can't post to ask her that question). But my view is, if some Iraqi nationals can forge 250 Dinar notes, they can surely forge a memo from the central bank stating the opening price will be 33 cents to boost sales a bit...

Jmac,

what is KBR and TX. Could you please explain?

Many military and non-military people in Iraq and the surrounding countries are convinced the Dinar is going much higher and are buying. It will be a wonderful windfall and blessing to have all of these people who have sacrificed for Iraqs freedom from the tyrant be rewarded by a higher Dinar. This would be a wonderful extra benefit for them and their families back home.

George Bush will win in a landslide back home if the DINAR takes off before the election!! There will be many rich military and non military made should this occur. It would be interesting to know if Bush owns any Dinar

Peter,
How about doing some minimal research on your own and cut down on the really dumb questions?

It's been going on for waaaay too long. We're not here to spoon-feed you everything ALL the time. Semi-intelligent questions, cool. Insanely stupid questions where it shows you have not lifted a finger to do any research yourself...not cool.

TX=Texas
KBR= Kellogg Brown & Root(subsidiary of Halliburton)

Jmac,
Have you tried re-registering yet? I bet it will work, you probably just made an error the 1st time.

americans at the athens olympics

i wanna go to athens to see the olympics but am always embarassed to
see americans chanting usa! usa! at international events.
am also embarrassed hearing the whole world booing and hissing at
americans and the american flag.
and am embarassed to hear the chants of osama!!osama!! and 9/11s every day!! around the world!
and am also embarassed to see americans being spit on in foreign
countries.
and am truly embarassed to hear what people say about americans in
every country.
being an american is profoundly embarassing!!!!
hahahahhahaahhhhhahahaaaaaa
but being embarassed beats americans being red white and blue targets
around the world!!being spit on beats being bombed or beheaded in every
country!!!
hahahahahahahhhahhahaaaa

Hey JQD,

What the @&%#@ is your point? If your so #&@%$ embarrassed, act like your from France Dickhead!

JDQ,

You want to see someone who obvioulsy has NO LIFE & trips through his pathetic life with an IQ in single digits?? Take a hard look in the mirror! Even a looser can eventually realize what he really is... It just takes a little prompting & acceptance. Acceptance is a wonderful thing.

** All other forum readers, lets continue with dinar updates & news.

Kevin

I know this is supposed to be all about Iraqi Dinars,but as a veteran, I can't let some of the Anti-American comments go. My reply is this: I've got problems with some of the things happening in the country, but the USA is still the greatest place in the world to live. If it were as bad as they say, why in the world is everyone trying to get here?

Hello, I have been contemplating investment in Dinars. I am just unsure which way to go now. I have read a lot of information on buying from Amer which is good. I am very interested in opening the Al-Warka bank account to maximize dollars invested. I have read some post from InvestorsIraq where this lady opened the account and wired money to them, as well as some from this site. Has anyone else opened an account and wired money. I am just concerned about people in Iraq having access to my personal info from my driver's license and signature.

JQD
YOU are embarassing to the whole human race. Grow up, Jr. and get with the program. I sure would like to CATCH YOU up to date. Ignorant people like you are like cancer to society. You are like gasloine on a fire. I can see how people get mad over just words. Listening to your words just make me want to beat the life right of you. My only problem is you just sit in the dark and take dirty pop shots. You are a terrorist! You know americas policy on terrorism! See you on the battle field!

Why don't all of you with a political axe to grind find another spot to do it in? This is for Dinar investment and related topics. If you think investing in Dinar is stupid, the answer is quite simple: Don't do it!
This political ranting on both sides accomplishes nothing other than proving how rampant ignorance is around the globe. Grow up and try reading a book!

See words do make people angry. I think all sides agree on investing in the dinar, so we do have something in common that keeps us here.

Does it make a difference which notes you purchase? Is one better than another?

Yeah, the ones without Saddamn' picture on it.

Seriously though, it doesn't make that much of a difference which new notes you buy. Most people tend to buy the dinars in 5,000, 10,000 or 25,000 notes.

beone,
If you are wondering what the difference between large notes and small notes are, I don't really see much of a difference. Some think the larger notes will be discontinued or will need to be turned in for smaller ones because they will expire. I am willing to bet my mom, my dog and the farm that this will not be the case! People think they will "pull" the larger notes because they may not have enough money to cover what they have printed. The small notes would be nice to exchange if you "cash out" a little at a time depending on the exchange rate. For example; a 10 to 1 rate, instead of burning a 25,000 note for 2,500, you could use a 10,000 for 1,000. This would be benificial if you didn't have alot of dinar and wanted to cash in for a quick buck or to cash in at first to make up for your initial investment to have the selfsaticfaction of knowing you invested and and have broke even.

Jmac
I can 100% assure you that was'nt Tony trashing you.If you look in investors iraq you will see that he speaks with a very level head and doesnt support any kind of inflammatory statements

Blake
I'm glad to see that your back

Thanks Jmac!

If the dinar goes up like the thermometer here in Kirkuk. I'll be home for Christmas...

This is/was a great board for info. Kevin was good enough to create a new board which, given the reason for having created a new board, we tried to trim it down by posting applicable facts.

In the meantime we were adjusting to http://www.investorsiraq.com forum.

Danpeg hooked us up...(Though I am still waiting for the answer to my PM dan!!!)

Initially I didn't like it (we are creatures of habit, we fear change...LOL), however, I got used to it and we have all combined our collective info there. We all so have a place called the lounge to discuss off topic issues.

Note: Many of the posts found in this forum would have been deleted had they been posted in this forum.

That said, if you don't like the http://www.investorsiraq.com forum and prefer this forum, I want you to realize that by filling this forum with garbage you will eventually be killing Kevin's bandwidth and he will either start a new page (Giving you us a third chance [3 strikes your out]), or he will likely close this board.

If you want to argue amongst each other, then exchange messenger ID's.

I enjoy visiting this board every now and then, however, it has turned to CRAP!!! Nothing useful here.

My 2 Dinars.

Speculators pounce on Iraqi dinar in hope of gains

By Zamir Haider

ISLAMABAD: Investment in the Iraqi currency has become the new rage for speculators. Despite warnings that the dinar could fall through the floor, small and big players alike are betting that the currency will shoot through the roof.

“I have all the optimism that I’ll make big gains in my investment in the Iraqi currency,” says currency market player Khawaja Usman. “I have bought with a long term view but I’m skeptical about those who are buying on a short-term basis.”

Mr Usman says he’s already recovered his initial investment on the dinar since he bought it when it was selling for 3 paisas to one Iraqi dinar compared to the current rate of around 6 paisas.

“Now I am waiting for the times when the Iraqi dinar would touch its heights in six months time,” he says.

He says when the Afghani can gain ground on the back of US influence, then the currency of an oil-rich country will definitely gain ground.

“I am confident big investors would make huge profits on a long term basis.”

The dinar has been hovering around the level of 5.5 to 6 paisas against the rupee but had shot up to 9 paisas earlier this week on account of short supply.

An official of the Forex Association of Pakistan says that a total of 500 million dinar have come into Pakistan over the last few months. He says the currency has entered through Dubai since there are no restrictions on currency entering the country. “Dealers have had no problem physically transporting the currency into Pakistan,” he says.

Risk factor: Dealers say investors are thronging to the market in anticipation of the time when the Iraqi dinar will be pegged against the US dollar, which is unofficially hovering around 1,000 Iraqi dinar to a dollar. An announcement to this effect is expected later this month.

“Reports are that the US is already uncomfortable with this parity and when it opens the official parity it would take it to somewhere around 1,200 to 1,400 Iraqi dinar to a dollar, thus bringing it further down against the Pak rupee which is currently hovering between Rs 0.05 to Rs 0.06 against a Iraqi dinar,” says one currency dealer.

If dollar appreciates against the Iraqi dinar, the rupee would depreciate against the Iraqi dinar, he says.

Speculators are also eyeing June when a new political set up would be put in place in Iraq ahead of the US Presidential elections in November.

“Bush has to play this card of strengthening Iraq before his elections and I am basing my optimism on this,” says one investor.

Too much enthusiasm: A report released by AKD Securities, a local brokerage Friday says easy money has also contributed to the general public speculating in the Iraqi dinar. “”[This is} high risk currency speculation in which most investors have little knowledge of fundamentals or risk,” the report says.

But that isn’t stopping speculators. Dealers at almost all the money changers in the federal capital are of the view that they are witnessing “too much enthusiasm” among the general public for the Iraqi currency.

“Almost every second customer is looking for Iraqi dinars and the investments are ranging from thousands to millions,” says Abdus Samad of Khanani and Khalia money changers.

“I believe that the official announcement [of the peg against the dollar] would take the parity between the rupee and the Iraqi Dinar to 12 paisas or more.”

Currency dealers say the interest in the dinar amounts to “panic buying” and is at a far greater scale than the mild speculative interest seen in the Afghani.

Mohammad Qasim, a dealer at Bismillah money changer, is of the view that no one will make a loss.

“Investments in the Iraqi currency for the long term would definitely reap huge profits,” he says.

Mr Qasim says he’s advising investors to sit on their investments till other countries adjust their parity with the Iraqi currency.

A local banker said that once Iraq’s banking sector is established within the next six months, the currency could hit 10 paisas to the rupee. And that’s the sort of hope that’s driving the speculators so far.

—With additional reporting by Kalbe Ali in Karachi

Home | Business

A key decision to the authorities is what kind of currency regime should be in operation for Iraq. Peg to the price of oil? A currency peg to a basket of currencies including the Euroland euro ‘EUR’? Or perhaps dollarize completely with another currency such as the EUR as what has taken place with Montenegro, Kosovo in the Balkans. BI.C believes a fluctuating peg to the price of oil and hard currencies including the yen, euro and USD maybe a viable solution for maintaining currency and price stability for Iraq.

YES SIR! lol

Does anyone have an opinion about this link from Money Magazine 8/10/04?
http://money.cnn.com/2004/08/10/pf/expert/ask_expert/

Here's the article.....
Stupid currency tricks: Iraqi dinar
August 10, 2004: 10:13 AM EDT
By Walter Updegrave, CNN/Money contributing columnist

NEW YORK (CNN/Money) - I'm considering buying Iraqi currency as an investment. Is that a good idea?

— Ray Hammond, Dayton, Texas

Judging by the number of pitches I see from Web sites flogging the new Iraqi currency, not to mention dozens of people on eBay, there are at least some people out there who think investing in the Iraqi dinar that was introduced last October makes sense.

My take is unequivocal. Given the difficulty of predicting currency movements, I'm not even a big proponent of investing in established currencies like the euro or the yen.

And when it comes to buying and selling the fledgling currency of a fledgling government in one of the most chaotic parts of the world, that goes beyond mere speculation. I'd call it gambling.

The main argument for buying the dinar, of course, is that Iraq has vast oil and natural gas reserves at a time when energy prices are climbing. If the country gets its political act together, it could profit in a big way.

I hope things work out that way, but it's a big, big if.

And even if it does, there's no guarantee it will be able to run an economy that keeps inflation -- a major risk for currency values -- under control.

Of course, where there's great risk and uncertainty, there's also the potential for great reward. But I'd be wary of some of the information out there.

One site I visited had a chart showing the historical value of the dinar from 1932 through 1982 fluctuating between just under $5 and just under $3 per dinar. Gee, the dinar is now worth only $0.0007. Could you imagine if it made it back anywhere close to its historical range? Why you'd make a killing! Even if the dinar climbed in value to just one cent, that would represent a 1,329% return!!! Surely, it can go up at least a penny.

Really? If that's a sane rationale for investing in a currency, then why not buy the Turkish lira, which trades at $0.0000007?

Fact is, it's the economic prospects for a country that determine the future value of its currency, not the price it trades at now or the price it traded at in the past. And no matter how low a value a currency reaches, it can always go lower.

One final thing to consider if you're still thinking about investing in dinars is liquidity.

At this point, there's not a particularly organized market for them. You can get an exchange quote for dinars by going to the currency section of Bloomberg or Yahoo Finance, but the rate you'll pay varies substantially from one seller to the next.

As for selling any dinars you buy, good luck.

Frank Trotter, an executive with Everbank, the online bank that offers small investors savings and money-market accounts denominated in a variety of foreign currencies (but not Iraqi dinars) told me that his trading desk surveyed several of the online dealers posing as someone who owned dinars and wanted to sell them.

"We received no bids," said Trotter. "We haven't seen a legitimate market in terms of trading it."

That could change, of course, but probably only if the political and economic situation stabilizes. So if you want to sell dinars, for now you're pretty much relegated to eBay.

My view is that if you want to spend a few bucks to acquire Iraqi dinar as a novelty item or you want to gamble with money you can well afford to lose, that's fine. Enjoy yourself. But you shouldn't even think of making something this iffy a part of your investment portfolio.

well, we can write the facts in many diferent ways. In the end, the facts are the facts. That article neither encourages or discourages me. I know what I have and I know that someday it will pay off in a BIG way. I will continue to work and plan out my future without the dinar in it. When the dinar does factor in, well, life will be just that much sweeter! So in the mean time, I will continue to follow my mentor, Enzyte Bob, the happiest guy in the world!

Thanks for your comments. I have every intention of in investing in the dinar myself. After missing out on investing in the Kuwait Dinar in 1991 ..Starbucks...IBM...Microsoft etc, I am ready to take my chances.
John

Hello fellow speculators,

I think we could all benefit from reading or RE-reading Roberty Kiyosaki's "Rich Dad, Poor Dad," where the author admonishes us NOT TO LISTEN TO THE CHICKEN LITTLES of the world!

Remember, wealthy people, and those who will become wealthy will typically buy assets WHEN THEY ARE UNPOPULAR, like Trump bought NYC, or Kiyosaki invested in the Phoenix real estate market while it was depressed. It's not terribly often that NEW MONEY IS MADE, and the potential return (and risk) is enormous!

I think it's most important right now to TAKE A 5-YEAR OUTLOOK on this investment. Iraq's current currency is unnaturally low, but it would be unwise to believe it will rebound to $0.25 - $0.50 in less than FIVE YEARS. Hey, I would love to be wrong on this one, and see the NID hit $0.30 in 24-months but we MUST BE SKEPTICAL of short-term speculation, because that is not a bonafide investing strategy.

Personally, aside from this blog, I *DO NOT* share my beliefs in the NID with others. The people who invest in mutual funds and low-yielding CDs will all tell you the same thing - that it's a "bad, risky" investment.

I believe the wisest course right now would be for most of us investors to safely secure our Bremer currency, and KEEP OUR MOUTHS SHUT! (Except for this blog, of course!)

Can anyone relate? Agree or Disagree?

Aurthur,

You point is very valid. I am going to purchase more because what can I lose 400-900 US dollars--Listen to the voice of reason inside and make decisions accordingly. People who have not stumbled across this opportunity won't get it. Let bankers and professional investors...be cautious.

You seem smart enough to go with your gut instincts and you will be rewarded or disappointed with the rest of us.

Many people who says they are not going to invest in the dinars, are the main people who are investing. What they are trying to do is discourage people from doing it because they don't want anyone else to be as rich as they will be! I believe what Futureseeker says. Go with your heart. Believe because I guarantee!!!! that the dinars will go up in value! And you can guarantee again that investors, government figures. Everybody!! Will be investing in the Iraqi currency. Hell, if the United States invest,(which they probably are)we would be out of the national debt???? HMMM, do you understand the logic in why Countries will not let the dinar fail. Follow me, understand what I am saying. This is way bigger then us! Why do you think they are trying to do peace in NAJAF!! The US and other countries are including Iraq wants to get it started quickly. Hey, I say whatever works! I am still investing and will keep investing until prices get ridiculous. And believe me, You watch, the prices on ebay and other investing company when the iraq dinar starts to rise. There prices for dinars will be high!! Boy, I see the future and it looks real good. Listen to what I tell you. Don't go with the distractions of not buying because the people who are trying to distract you of not buying will be buying TRUST ME!!!

Well said Mike. It just goes to tell you, "Everyone" has an answer. You are absolutely right. Just go with your own instincts & gut... I for one believe there are just too many variables that indicate this being favorable & that this will be a great investment for the 2-5 year range. Maybe sooner.

Kevin

NOTE TO ALL: There are two sides to every coin... There are people with motives to encourage and those with motives to discourage this dinar investment. Again, BOTTOM LINE: always go with your instincts, and weed through all of the educated opinions and articles you read.

Kevin

Hey all,

when investigating this investment I did some research on the currencies of the *TOP 10* oil exporting nations. I pulled these quotes off yahoo.com this past week.

To put the NID in perspective, here is the list of the *World's Top 10 Countries* in Net Oil Exporting:
1. Saudi Arabia - $0.267
2. Russia - $0.034
3. Norway - $0.143
4. UAE - $0.272
5. Nigeria - $0.0076
6. Mexico - $0.087
7. IRAQ - $0.00068
8. Libya - $0.829
9. Algeria - $0.013
10. Oman - $2.597

The skeptic will ask, well why not invest in Algeria and Nigeria? After all, they're not worth much now...but they export a lot of oil! Maybe THAT will appreciate. Well, quite frankly, Nig. and Alg.'s currencies have never traded at high values, and there's no future event (i.e. reconstruction) that seems to improve the situation. Nonetheless, both currencies are worth about a penny, and if the NID appreciates to that you'd have a 1000% return on your investment! Beat that, Wall Street.

Over the next few years, what will determine the where the NID trades for are #1 - Iraq's ability to reach 2.5+M Barrels/day oil output, and #2 - Responsible fiscal policy of the Central Bank.

If Iraq's $120B debt is only partially dissolved, and the country regains its oil output, with moderately responsible fiscal policy I could see the currency between 2 and 10-cents. If more of the country's debt is dissolved, output is increased, and the fiscal policy is responsible, I could see the NID climbing slowly to 20-cents to one dollar. I've been told there will be October talks in Tokyo to discuss how much debt will be forgiven. Let's keep a positive outlook!
Does anyone have the Central Bank of Iraq's official website? That may be useful to monitor from time to time.

Very nice post, Arthur.

http://www.uruklink.net/cbi/index.htm

The website for the Central Bank of Iraq is CBIraq.org
WE ARE GOING TO BE SO RICH!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Pegging the IRAQ DINAR

The 2004 Budget does not rely on increased borrowing or printing money. The five core principles guiding Iraq's economic policy agenda:
1. Economic openness
2. Private sector development
3. International integration
4. Public sector transparency
5. A safety net for the poor

Included guidance on key assumptions to be used in the preparation or submissions, including a single exchange rate 1500 NID to the US Dollar.

Events that could affect fiscal outcomes include changes in economic and other parameters and matters not included in teh fiscal forecasts because of uncertainty about their timing, magnitude and /or likelihood.
In particular, there are upside and downside risks to the oil price and export volume forecasts. Similarly, there is a possibility that tax revenues will be higher or lower than expected.

Oil revenue pegging the Dinar:
The Budget assumes that the level of oil exports will rise over the forecast period to reach pre-war level of 2.5 million barrels per day in 2005. rather than the production target of the end of 2004. They have reached the level and further gains etc. It also assumes a decline in the oil price from current levels of $21 per barrel over the Budget period. These assumptions reflect the need for Budget revenues to prudently balance risks.

Revisons for fiscal 2004 Budget Increased resources and their use:
The fiscal circumstances for Iraq have changed significantly since the publication of the original 2004 Budget in October of 2003. Greater than expected capital inflows resulted in a higher than expected opening financial capital at the beginning of 2004. A lower-than expected need for central bank reserves and some transfers of assets from abroad have increased net capital inflows.
Buoyant prices and greater outputs have greatly increased oil revenues over expectaions. (21 Us per barrel) and higher production gains. Compensating for a reduction in expected tax revenues. These combined increases in resources have all been allocated in increased expenditures and to a prudent increase in the forecast closing financial capital. Net + 9,822.7 BN.
Projected revenues for 2004 have increased by ID 2470.3 BN over the projection made in Oct These projections come from increases in oil revenues and a proposed Civil Service Pension Contribution. However, expected revenues from state-owned enterprises are not expected to materialise in 2004.
Oil revenues are estimated using a prudent assumption of a gradual fall in net oil price which hasn't happened. US$ 21 per barrel ( ID 31,5000) in June 2004. Oil exports are assumed to reach 1.9 million barrels per day by the end of the year, which have already passed those levels. If oil prices rise significatly or exports are greater than expected then there could be a very notable increase in net revenues-but for budgeting purposes a more cautious approach in need.,

The forecast of $ 21 dollars per barrel was almost less by half. Therefore, production has been increased to per war level highs and we have maintain a level of $ 40 dollars plus per barrel since the rev: June 2004. So what are the net gains going to mean to all of Dinar fans ($$$$$strong net rev.) My question is since they are going to peg the Dinar to the OIL...Why is the oil price jumping to maybe to 50 US per barrel. To peg the IRAQ Dinar for forecasting such large gains for the high peg. Supply and Demand not pushing the oil up!! Anyway hope you enjoy some of this info.

Yo guys,
Ok first of all, lemme tell you all that i already bought 1 Milion Iraqi Dinars, but honestly, things dont look good,

I mean ok even if we see the day when the sites say that NID is worth 0.20$, whose gonna cash it for us ?

the US officials say that the new iraqi gov. can change the bank notes totally when ever ....
YIKES
then wht da we do man ?

hate to be negative on this one people,
any one here who can answer these questions ?

Asad

Asad
Visit www.investorsiraq.com

Hey everyone,

in 2000 I voted for Al Gore, because I was against Bush's special interest agenda, and lack of previous success in business.

This year, however, I still do not see Pres. Bush as the more qualified man, but we now share similar financial interests. I am a firm believer that we're in Iraq to make money, for Halliburton, Brown Root & Kellogg, other contractors, arms makers, and those investing money into a free Iraq.

So now I must ask: How will the 2004 election factor into the NID appreciation? Would Kerry bungle Iraq? Will Bush protect our investments better? The election approaches and I find myself ambivalent, but leaning toward Bush.

What does everyone think about the Kerry/Bush/NID questions?

Although one may be better than the other in Iraq, there are other questions that touble me. Can Bush pursue and really win in the Middle East? Will we really find anything besides the ridding of a morally depraved, paranoid dictator?
And I am glad the crazy man is gone for those peoples sake. However,at this point, I think, I am more afraid of Kerry. He's just a little too far on the far side for me and him wanting to put us under UN control is really a little much. He's not at all moderate.
Bush has had a hard role to play in this world scene. And though I have not agreed with him on many things, he's more moderate to me. But many things are yet to be seen. Boy! I bet I've pushed some buttons!
Bob

Vote Bush. Kerry is in bed with the UN and will hurt our investment, as he openly admits he will reduce support for Iraq, even though he voted for the war as a senator ??????? Kerry will say whatever he needs to to satisfy the particular person asking him a particular question!! He will pull most of our troops, as he openly admits & is more concerned about what France will think about him ????. Bush started this war and Bush needs to finish it. Bush has a vested interest in accomplishing a successful mission in Iraq and that protects our investment (millions of $$$ to build infrastructure/Iraqi econony)... !! Bush is far more decisive and CANNOT & WILL NOT allow Iraq to fail... The UN & NATO have become partners to train Iraqi security forces solely for dealing with these radical insurgeants. Bush needs to finish this mission, and every fiber of my existence say's Kerry will absolutely derail all progress & our investment, and any hope of the Iraqi people becoming FREE...

*** just a question to all: Why would a man (John Kerry) who married into millions $$$ want to be president?? To help you & me ??? I think NOT!!! Oh, by the way - his wife also got her money by marrying into the Heinze fortune...This is all about their EGO and POWER... NOT HELPING YOU, ME OR ANY ONE ELSE in this world !! At least the Bush family earned their wealth by working in oil & building their fortunes in oil... They earned it & didn't marry it !!! VOTE BUSH... Protect Iraq and our investment...

Arthur, I think you could use a dose of reality. kerry has more 'special interests' behind him that you know about. enron? millions to demorat candidates...trial lawyers? john edwards, trial lawyer scum who made millions from fake science by suing hospitals and doctors blaming them for cerebral palsy. kerry and his 'wife' are billionaires, they live in 7 million dollar mansions...the bush family together is worth 'only' one hundred million dollars...kerry is a joke, misses 90% of his senate votes, votes against the military and funding of our intelligence services..for over 20 years...how will he change? kerry will turn iraq over to the un slobs and thieves...we're in iraq for dozens of reasons and you obviously have no clue about geopolitics...go back to commie carter..'79 when the Islamo whack job revolution started..iran? oh yea...called balance of power...a free iraq will counter iran and the other whack jobs that want to murder anyone that isn't a muslim whack job...try learning something beyond what the biased newspapers and mass media tell you...Iraq has more to offer than most muslim nations put together and they've been through HELL...mass rapes..murders..REAL Torture..hands missing etc...Go Iraq, screw joan kerry the commie rat.

Jimbo,
When researching John Edwards's history, try reality and not gospel from the mouth of Sean Hannity. Shit, try turning the channel from Fox News for just a couple minutes.

Jimbo - Amen! Well said.

Blake - FYI, Jimbo is right on, and understands what reality is. Sean Hannity is a very moral & realistic man as well, and backs up what he says with facts...If you're saying John Kerry is realistic, it is you who needs to be realistic mister!!!!!! I have researched John Edwards, and from a quote from my favorite movie- WALLSTREET; " He'd not only sell his mother, he'd send her C.O.D.".. So would John Kerry... Both are no where near being honorable men. Kerry's own commander commented about Kerry's purple hearts & integrity. His commander said; " My wife received worse wounds trimming the rose hedges in the garden !"... And, " He is not fit to be commander in chief"... As did the MANY men who served under Kerry !!!

Reality? Get a clue mister...

Jimbo - Thanks for your realistic assessment.

Kevin
BUSH 2004

I am agreed with all those people who are going to vote G W Bush, I will vote Bush too, because he is the man who is best president for USA. Looking forward him to win this election. WISH HIM GOOD LUCK.

Kevin,
I did not mention John Kerry once. Sean Hannity is a farce. I do know the facts about john Edwards and his career. Maybe if you had some understanding of the legal system, then you would realize his accusations of Edward are completely off-base.

Oh....and George Elliott, Kerry's commanding offier has now changed his story 4 times. sorry i can't keep up with it this week. And Jerome Corsi, the co-author of the book, Unfit for Command, is a complete racist and bigot. Sorry if I'm not so quick to be enveloped by his accusations.

ARTY ARTY ARTY,
When I vote, I dont vote for the best intrest of myself (that would be selfish and not the greater good of OUR country), when I vote, I sleep better at night knowing I voted for the People. If voting for the best intrest for myself....someone can buy my vote...gonna give me a buck? of course not. who ever you vote for, one shouldn't be selfish...but above that....don't vote to ride a winning horse! voting is a responsibilty that many people have given their lives for. dont be ashamed to vote for someone who lost. remember when you dont vote, you have forfitted your right to bitch.
Jerry Garcia for President!!!

Well said Copedawg. I wish more people viewed voting with that perspective. I was beginning to think I was the only one who voted like that.

When I vote, I will vote for the security and betterment of our country, and of course, Iraqi freedom. Without saying, This dinar investment is secondary! Blake - you beleive what you want & I will do the same. This is not the place for a political debate. I beleive in strong leadership, decisive leadership, ethical leadership, leadership that will not cave to N Korea or the UN (ring of international corruption). It makes no difference what your political affiliation is. At this point in our world, if we want a safer America and a prosperous Iraq, ANYONE with pulse or having a double digit IQ knows the man is NOT John Kerry ! And his running mate is one who assualts corporate America & capitalism with erroneous lawsuits to line his own pockets with millions, thus causing thousands of senseless lay-offs. Yea, my vote goes much deeper than what happens to Iraq dinars. Someone who's family worked hard to earn the money they have & someone who is highly ethical & not ashamed to beleive in God to the free world will get my vote... Not someone who spits on his country, tossed his purple hearts on the dirt and ran with the likes of Jane Fonda.

Enough said. Does anyone have any news on Al-Sadr and our troops getting his A -- out of Najaf ??? This whack jobs has to go.

Kevin

Bush or Kerry winning...the whole world has a stake in Iraq. At least Kerry served in Vietnam. I believed Bush used his father to get him into the reserves & then failed to show up for most of his time anyway oh wait we can't prove that because they've "lost" his attendance records.

Kevin,
You're a complete asshole. Good day.

Blake - Coming from you, I'm flattered to be called that.

And I will die an asshole too.

BUSH 2004

Blake,

You are a wimp. Way to bail out of a debate. Are you related to that weenie Kerry, or is it Hanoi Jane that has your balls in her handbag?

Scott - I suspect his full name is Blake Kerry Fonda. I thought I detected a "lisp" in that last insult.

Are you gay Blake?

Maybe we should all hold hands with the terrorists and sing "We are the world"... After all, That's what Kerry wants - As John Kerry strongly suggested: "WE NEED A MORE SENSITIVE APPROACH TO THE WAR IN IRAQ".

Yea Right!, then the terrorists will drop their bombs & guns, and hug everyone around them...

Good day.

Kevin - you will like this website.

Not sure about Blake.

http://www.georgewbush.com/Olympics/

Fellows, Fellows,... please. I know we have strong opinions, and you have pretty much convinced me to go Bush. But we need to remain civil.... Yes? Thanks!

Asad,

in answer to your question, eventually you will be able to convert your NID at a major bank in your area. They may charge a percentage for changing the money, but will perform the service gladly.

Let me ask you, if you had to fly to Iraq to trade in a relatively small investment for six figures, would that still be a pretty good deal?

Citibank works for me, though. :)

I'm back...

Yo thanks arthur my man
Lookin forward to a GREEN future

Cheers

and stop tha goddam political war amigos,
its all good.
who ever's tha president,
i will eat tha same food and go to the same job :D
enjoy the same freedom
so relax men

Asad

Scott Kevin
Thats some nice double teaming you two have going on there.I bet you two were sitting side by side yanking each other off and high fiving while you took turns insulting Blake.That was a hot night for you two huh? wink wink.We all know who the gay ones are.And as far as Bush goes hes a Quack who had to cheat to win an election.He cant run a country.Hell he cant even say nuclear. [Nucular] What a freak lol
Good Day

JLR,

Scott & Kevin were not alone, they were with me, and we had your mom here too. She wasn't that good, but we were impress with her saying " Bush Rules" in between her moaning and groaning. So much for the ole saying; like mother, like son...

Good day & good night!

Blake - If you are the same Blake that happens to be the (self-absorbed) Moderator for the investorsiraq website, I'm appalled that you have the audacity & lack of professionalism to call someone an "asshole" when they simply laid out their personal opinion and/or facts about a presidential candidate (without provocation or insulting you or anyone else FIRST. You started the name calling here! That is fact. I don't agree with any of the other subsequent comments made, but you sir, did start this. Remember that when you call yourself a website moderator. That is nothing less than laughable...

As for JLR - you have the audacity to accuse these two other gentlemen of "tag teaming", when in fact you are doing the same thing with Blake evidently. They call this HYPOCRISY. The rest of your vulger comments are nothing less than disgusting, immature and tasteless. You & the moderator- Mr. Blake perpetuate this nonsense, and it is sad that neither of you have the mental capacity to figure it out. People like you ruin a good thing.

Please move the crass political debate and childish name-calling to another forum, or I will proceed to delete pathetic, irrelevant, and trash-talking comments without notice.

And if this continues unabated, I will shut down this thread.

Besides, ALL politicians are low-lives. :)

Kevin I experiended the same childish crap for a so called "Super Moderator" in the Investors Iraq Forum.

I left for good. Being in the Middle East I intend to build up the Dinar Blog...

Is it possible to create one more category for info provided "From the Horses Mouth".

My only request is that threads don't get closed because "Moderators" disagree with the opinion...

Please email me at iraqidinar2005@yahoo.com if you would like to discuss further....

Tony and Blake- You are running Investors Iraq Forum into the ground!!!!

I can come to no other conclusion than that they are NID sellers looking to profit!

Jack - You are right on the mark with Blake. That goes for Tony as well....I PM'd "tony" (Super Moderator) because I thought someone was using his name in vain, until last night when the same uneducated, sentence structures and assaults came for self appointed "Super Moderator". I told him he is a good poster, however, a poor moderator.

That site would flourish if they took away his moderator priveledges...I don't normally curse online, however, what a JackAss both Blake and Tony have become!!!

I don't have a lot of time when I get on the net.. serving in Iraq keeps me busy. So I am asking to keep this blog to the facts about the Dinar.. good or bad.. but just the Dinar.. I would appreciate it..

I have a lot of faith in the Dinar now that Satar has "surrendered" ... and I see roads getting rebuilt everyday.. infrastructure too.. I'm just not in the know as far as what's happening with currency..

Is the Dinar going to be pegged with the oil?

How far along is the World Bank in Bahgdad?

Any educated guesses on when the Dinar will open?

Thanks for the info and the venue Kevin.

Ian

I'm still here, guys. Cut the silliness, and stay on target. :)

Hi All,
I'm new to this forum but very glad I found it. Does anyone know exactly what are the US economic sanctions that were lifted against Iraq last week?

I am not certain what sanctions were lifted, but I did read that the economic dealings with Kuwait have been rekindled. That is, perhaps, the best news, with regard to the NID, that I've heard in quite a while. Kuwait's economy is propering. If Iraq can model their's to resemble anything close to Kuwait's, we will be in the chips. About the Iraqi Investor's Forum...it seems that the most important chatter on that site is about who has the fanciest avatar next to their name. I have not been able to glean any pertinent, useful information from there in quite a while.
I did find this little blurp. It is useful only to get a look at the "players" in the Middle East Arena.

Here's the site...

http://www.meed.com/nav?page=meed.conflist.conference&resource=1175778

Here's the site...

http://www.meed.com/nav?page=meed.conflist.conference&resource=1175778

Kevin B.-
Go ahead and remove all of the political and socio hate mongering from the website. In fact, bar them from posting in the future.
It is clear that some people are too immature to behave like grown adults when it comes to their politcs (or their bigotry). A compromised, edited blog would be better than the garbage this has turned into.
I want to know anything new that pertains to the Dinar investment. If I wanted anyone to tell me how to vote in November, I certainly wouldn't be taking advice from strangers, let alone from people who have to resort to vulgarity and name calling to get their (tiny little) opinions across.
Today I had to sift through ten tons of this kind of crap just to get some Dinar related info. It is quickly becoming not worth the bother.

I JUST RECIEVED MY FIRST 3 MILLION DINAR TODAY AND ORDERD 3 MILLION MORE ,I HOPE TO AQUIRE 10 MILLION
IT COST ME $ 860 PER MILLION DELIVERD IN 5000 DINAR NOTES.THIS IS AMERICA WHERE DREAMERS AND GAMBLERS DO WELL.WITHOUT THEM WE WOULD BE A DULL BROKE COUNTRY.GO BUSH!!!!!

Just curious Brian, where did you get that kind of rate? It is a lot lower than any of the U.S. dealers seem to be. Plus, they ship in 25k notes.

How can I purchase dinars from a Irqi bank and open an Iraqi bank accout?

To all - I ordered from the great "AMER" several days ago, and you get an e-mail response stating;

Due to heavy demand, we will not be able to get back to you soon. When the "auto acknowledgement does come back, and you click on the secure link to pay by credit card for the currency, you get this;
"Error: Price not valid. Please contact us for a working payment link".

When you attempt to contact the great Amer, by contacting the seller on ebay, you get nothing for three days, then you get an e-mail;'
HURRY, you only have three days to purchase your merchandise" ???????? What the hell? It is BUY NOW on ebay, so what gives?

Be cautious of buying from AMER!! The so-called #1 recommended seller... If he's this damn busy, and he cannot remain organized and respond timely, we all take a much greater risk IF this currency is pegged tomorrow, 3 days from now, next week or sometime soon. My gut tells me something is up, because Jaki2000 no longer has anything for sell on ebay...

This quick, exemplary service I have heard about from this AMER is now just a wishful thought.

Be very careful about ordering dinar this late in the game

Joe

Joe - I orderd half-million nearly four days ago, and have the same problem with AMER ! NO RESPONSE!!! Going on four days with no workable, secured link to pay by credit card so I can get this currency in my hands. I spoke with an attorney, and since this is currency and not other merchandise, people ordering currency from AMER or other sellers are not liable if they cancel their orders. I have been advise that since this is currency with high potential fluctuations in value, I am not liable to the seller who cannot guarantee "timely exchange" for the currency. This does fall into this catagory, and I have been advised, I am not liable to ebay nor am I liable to the seller, dima89.

It is true, jaki2000 is no longer selling ANYTHING on ebay???????? BEWARE people... The dinar craze is getting down to crunch time, and is getting riskier & riskier ordering from anyone on the internet right now. Even the superman-(Amer) who has now resorted to not acknowledging buyers concerns and providing the necessary links to buy. I cancelled my order with him by ebay msg to seller, and I am not liable for anything.

If you have not buyed dinars by now, you may very well be screwed if you ordered recently... It is too late and close to decision time, and these sellers know it.

Kevin

yes on ebay antiquesrus@softhome.net "ABED GHAITH" mine came well packaged delivered by DHL with his bank acct no# in jordan and tracking all the way here

To Joe & all,

I am retracting my last comments & doubts about Amer, as this particular problem was due to e-mail/technical problem. I am very impressed with Amer's professionalism and explanation, as Amer did take the time to explain the exact problem, and sent me another secured link. At this time, with legitimate reasons to be concerned about dinar purchases right now, having more patients with Amer's heavy volume is necessary. It is still pretty good getting an order delivered within 7-10 days from Jordan.

** Again - I think if you want to purchase any or more dinars, do not wait much longer.

Thanks again Amer for your professionalism.

List Of Do's And Don'ts...

I feel that this is necessary given sleeper Cells And all...

Please do not scan your passport. My family and I, not to mention the whole of the U.S.A would appreciate it.

WOuld you provide this information to the public???

Are you willing to give your drivers license info, address and SSN to the public in your local newspaper?

DONT'S

• Do Not: Scan Your Passport Info: This would be foolish and jeopordize American lives.
  
• Do Not: Scan Your Drivers Licenses and send them abroad via internet.
  
• Do Not: Do not sign your signature to a scanned document which can be copied later.s.
  

Don't let greed make you nieve!!!
Many sleeper cells and international folks may be playing on you. Don't become the 'unwitting pawn' because you want to acheive greater weatlth. Purchase your dinar on Ebay and leave it at that.

Don't provide vehicles for terrorists to enter the country by supplying them with your passports and personal info!!! My children and depend on your understanding...DOn't forget, there may be a lot of sleeper cells in the states that we don't know about!!!

Hey EW miss you over at the other forum.

Blake... YOU ARE A DICK... God I feel so much better esp seeing you bashed and put in your place you dorkish moderated fawktard.

Tony U let all that shit go to you head bro sorry. Any ways Im proud to not be part of the cool crowd.

Mr. DAn Peg well well well, he's just raking money in off all of us, and then some the runs both PORTAL IRAQ And INVESTOR IRAQ. He approached me in a pm inquiring about a buisness propisition reguarding the Credit Bank Of Iraq Forms that I received from NBK. Although I never heard anything else from him, all I know is that DAN and Blake are buds and thats that.
Ill try and get Notre Dame over here to post, hes pretty cool and has killer metaphores. Blakes a whiney faggot who with out the support of others or some moderator dildo wielding power couldnt defend himself from a leper in a wheel chair.
Sincerely,
JERRY

BTW I think alot of people like my speculative posts.

Jerry - I can't believe what happened to that board.

I went so far as to PM Tony that someone on T&B was using his

name in vain (It was actually a hint since he was calling the kettle black. Given the preaching over post and closing them on

a whim. ) and that he should post a response. His post was nothing more than, "Hey Someone is using my name if vain on

T&B"!

I have received a lot of disgruntled PM's from posters indicating their discontent since I left whom will remain nameless

because they are friendships I have forged.

It all started when I tried to inquire as to the documents a certain

individual saw from their spouse in Iraq!

I then received a list of profanities in a post which Tony at iraqi dinar

conviently deleted.

I PM'd a "truely respected moderator" (not TONY) and the administrator.

In all fairness, this is what

I PM'd the administrator who is responsible (Though He Doesn't Admit It) to the American People....HIS board!!!

[iraqidinar2005] - As you may know I have left this forum due to a certain moderator cursing and flying profanity at me not

unlike posts in T&B. The mod then conviently deleted the forum.

However, I could not stand by and allow that same moderator to post info which intices folks to scan their

passports...Unacceptable...I suggest you visit our orgin, T&B and see the comments posted by this so called "Super Mod".

If you limit this individual to post priveledges only, I will rejoin the forum, however, if the self-admited steriod freak

that burst out in profanity continues to moderate, I will not return and I will forewarn all my contacts up north in Iraq to

be wary of this posters info.

I will not post, however, I request you provide the following info to members as well as pass this info to danpeg....

List Of Do's And Don'ts...

I feel that this is necessary given sleeper Cells And all...

Please do not scan your passport. My family and I, not to mention the whole of the U.S.A would appreciate it.

WOuld you provide this information to the public???

Are you willing to give your drivers license info, address and SSN to the public in your local newspaper?

DONT'S

• Do Not: Scan Your Passport Info: This would be foolish and jeopordize American lives.
  
• Do Not: Scan Your Drivers Licenses and send them abroad via internet.
  
• Do Not: Do not sign your signature to a scanned document which can be copied later.s.
  

Don't let greed make you nieve!!!
Many sleeper cells and international folks may be playing on you. Don't become the

'unwitting pawn' because you want to acheive greater weatlth. Purchase your dinar on Ebay and leave it at that.

Don't provide vehicles for terrorists to enter the country by supplying them with your passports and personal info!!! My

children and depend on your understanding...DOn't forget, there may be a lot of sleeper cells in the states that we don't

know about!!!

Please email me any questions you may have because after logging in tomorrow in order to log off permanently, I will no

longer see my PM's.

Sincerely,
EW

Manama, Bahrain

The response I got was as follows which were inbedded in my comments.

[danpeg] - You made the choice to leave the forum, not me nor Tony.
[My Response] GOD BLESS AMERICA!!! YOU DAMN

RIGHT!!!

[danpeg] - Please don't give me conditions for you rejoining us. This is a free forum and I encourage you to post meaningful

information. Take it or leave it.

I urge you to post the info your provided yourself. I am not responsible for what people do with their passports.. Frankly

there is much worst information on the Internet.

Thanks,
Dan

[my_reply_to_that] - Believe me...If terrorists take the lives of Americans and the next congressional panel says they

infiltrated our security because they were able to duplicate info, yes, I would question your responsiblity and question your

accountability, for standing by and not raising the flag after we, fellow Americans told you this is not right and you should

delete such posts.

THAT FORUM HAS BECOME AN OPSEC NIGHTMARE! thus my reason for leaving.

I WILL NOT

undermine the lives given to this mission for the sake of a worthless Dinar...

It is foolish to send you personal info

digitally which I have reported time and time again on this site as well as the other site.

You are asking for trouble and

could compromise lives.

By the way, here is my response from Blake -
Don't let the door hit you on the way out. If you keep on disrepsecting moderator's formal requests, you will be banned for

that reason, just like you asked for (i saw it before you deleted it), and your banning will not be b/c we have this love for

rumors being posted.

Respect the moderator's requests, they are not up for debate. End of Story.

Jerry you seem to be right on the money as far as your assesment of Blake.

GOD BLESS

AMERICA!!!

We all know we will hear the "No Shit" info about the Dinar together regardless of where we are in

this world, however, I have many friends up north and I will not only give you no B.S. info, I will give you info and will

let you get a good idea as to the source and the reasoning. I won't leave you hanging unlike some that keep stirring that

other forum up on a monthly basis. Just email me.

Finally, for danpeg, please delete my account on your site. I

don't want any part of a site which respects a self-admitted adict over an 8 year veteran and civilian that continues to

support the U.S. Of A. in the Middle East as well as other soldiers serving up north.

Confusious say: Don't let Greed make you nieve...

I left a comment about two weeks ago on the fact that I wanted to open an Iraq bank account with Warka National Bank and I am happy to say that The accounts that I wanted have been open. Listen I know that it is a risk with skanning your personal information like your dreiver lisence, which is the only personal information that Warka Investment Bank needed to open my accounts, and sending it over theinternet over seas over Iraq is risky.But there is a risk with every investment wheather you send money to feed the children of put money in on of thoes pots so kids over seas can read. PEOPLE ANYTHING IN LIFE IS POSSIBLE, BUT DO NOT LET THESE GREEDY PEOPLE WHO ARE SCREWING YOU FOR YOU MONEY CONVINCE THAT IT IS A BAD IDEA TO OPEN IRAQ BANK ACCOUNTS. I wired my money from my credit union in california and to Jordan national bank PLc in amman jordan and then they sent it to warka investment bank in baghdad iraq. REMEMBER THAT THESE SELLERS OF IRAQI DINAR QILL NOT EXCHANGE YOU THE HIGH DENOMINATIONS OF DINAR FOR DINARS THAT WILL CONTINUE TO BE IN AFFECT ONCE THE DINAR GAINS VALUE. If you have on million Iraqi dinars in an Iraqi bank account then when the value appreciates you will not have to go all the way to Iraq to wxchange them. It took 14 days for Alwarka invesmet bank to get my wire tanfer and the best oart about it is thatsince I also have an iraqi dinar savings account whtey were able to exchange 700 US dollars for 1 million Iraqi Dinar. I am sending them 2800 UD doillar to exchange for 4 more million Iraqi Dinars.

In life anything is possible and anyone could be a terrorist including these Iraqi dinar salesman.

THE QUESTION IS IS IT A RISK THAT YOU ARE WILLING TO TAKE.

I DO NOT KNOW ABOUT YOU BUT I AM!!!!!!!!!!!!!!!!!!!

May not have been a clear statement>

I have received a lot of disgruntled PM's from posters indicating their discontent since I left whom will remain nameless

-- Those statements were in reference to a certain roid head

dan - I have yet to see funds wired back to them in order to see if the account is legitimate...

How does anyone know if Rannaddaa(?) swift code is not her personal bank account?

Yes she may work with the bank, however, if she knows that foriegn accounts are not allowed and thus far there are no laws regulating as such thus far, her bank account may be increasing daily. Until someone can request funds back and witness the originator on their bank account, many remain wise.

"SCREWING YOU FOR YOU MONEY" - ABSOLUTELY NOT!!!

I am no longer affiliated with iraqi dinar forum. While I was a participant, I knew not of any monetary gain.

This is, is nothing more than unregulated opinions and facts

PEOPLE ANYTHING IN LIFE IS POSSIBLE, BUT DO NOT LET THESE GREEDY PEOPLE WHO ARE SCREWING YOU FOR YOU MONEY CONVINCE THAT IT IS A BAD IDEA TO OPEN IRAQ BANK ACCOUNTS.

You want to open accounts, find, FAX info to a certified CPA Bank Fax number. Don't scan you info and send it to a HOTMAIL account.

(Being cynical here) Hell, I have a hotmail account, send all your private bank account information to me as well as your Social Security number, while you are at it, send your name and next of kin....(/Being cynical here)

Hey Everyone,

I just wanted to say that Mr. GHAITH from Amman, Jordan has delivered completely on what he said he would. It took 3-4 business days to receive my shipment of authentic currency, and his prices are fair. Thank you, Mr. GHAITH, and I look forward to continued businss with you.
His e-mail address is: antiquesrus@softhome.net

here again to say that i love the usa but i lost 90%
in my retirement savings through my company retirement fund,so why not take a chance with the dinar.i believe the risk is worth it.all the fat cats on wall street have taken almost everything, at least with the dinars i can paper my bathroom wall and see what i lost.i use mr Gaith on ebay to buy mine he is the cheapest i have found yet,and delivers promptly.

I am no longer going to watch Iraq Investors forum either.

I never registered there but would read quite a bit.

I only liked that guy NOTRE DAME FIGHTING IRAQi. He seemed to be quite a funny one. Also the only one that had many qualified opinions. He too would piss off the other ones and that seemed quite funny to me.

From an email I recently received.

--------------------

This is a must see! Make sure your sound is turned up and be prepared for some graphic images. I commend the man, who created this site; it really gets the point across. Click on the address below and wait. It is worth your time.

Freedom Isn't Free

You Basterds !

Makin profits on the lives of helpless iraqis.

They didnt have atomic bombs,
They didnt have any thing to do with 9/11

US bastered bomb them.. kill their economy, take their oil,

Poor people...
Dying girls and small kids...

and all u can think of is

HOW YOU PIGS WILL EARN MONEY THROUGH ALL THIS OUTRAGE !

You are a bunch of Basterds !!!

Johnny, My dear sir! It seems like you are misinformed or you are just not understanding on what the deal is with the Iraq Dinar. Everybody earns money through what you call an "OUTRAGE!!"

Listen hear buddy! Iraqi dinars is just like playing in the STOCKS, BINGO, Betting on SPORTS. What I am trying to say it is nothing but GAMBLING! WE are not robbing the IRaqi's of their money! We have not took their OIL!! And yes we know they are not the one who did 9/11! We are just a bunch of entrepreneurs that are trying to make a better living for ourselves. And the people who invest in the Dinars(probably including yourself) are just gambling!! We are not causing harm to anyone.
Silly Rabbit, tricks are for kids!!

toooo many drugs nut case

Johnny,

I know plenty of bastards, and many small-time foreign exchange speculators may very well be bastards, but not because of their trading. Just how can they make Iraqis worse off? It doesn't make any sense!

Their trades have had no effect on the exchange rate of the Dinar. The big boys--central banks, oil companies, and hedge funds (driven by perceptions of economic growth and macroeconomic stability)--will move the rate.

Americans have not taken Iraqi oil. This is just made-up nonsense--propaganda by those who want the U.S. to be seen as evil. In contrast, it's the propagandists who are evil, and deserve the label "bastards".

Please read Iraq the Model if you want personal experiences about the Iraqi economy before and after the invastion. If you ask Iraqis, you will find mixed opinions, but an economy that is improving. (see this post of mine from a few months ago for polling data).

Iraqis are not poor because of the U.S.; they are poor because they were ruled by a vicious, self-aborbed, socialist tyrant. Did the U.S. drain the marshes? Burn the oil wells? Does the U.S. destroy pipelines? Take enormous taxes from Iraqis? You know damn well they don't.

Oh, Americans are killing Iraqis--lots and lots of them--but only the ones who demand to impose a new tyranny over the Iraqi people. Has the U.S. inadvertently killed innocents?

Undoubtedly.

But the posters on this page haven't killed anyone, so please save your hatred for the so-called "men" like Sadr who deserve it.

--K

jihad johny
get a fuggen grip and a life. you are the reason why people get bunged and others get get killed. breath and repeat. read the whole thread, buttwipe

"Heeeeere's Johnny!"

That cracked me up. Not my comment -- yours!

Johnny, Do you realize that Iraq is on the way towards becomming a free nation?

Do you realize that people were dieing in Iraq long before the occupation by the Alliance of 30 Nations?

Iraq was basically the equivillant of multiple warring factions. In the US, we call them GANGS. Yet, in the US, we still have enough of a stronghold on our society that we can at least keep the gangs somewhat at bay.

Sure, they still kill people, but over all, they are weak. The same thing is happening in IRAQ. By the way, do you think the IRAQI FOOTBALL team would ever be able to pop off about Saddam using them in political ads? While they will NEVER compare to the Four Horsemen, they would certainly be the Headless Horsemen had this happened four years ago!

As long as there is something called peace, there will always be war. I'm sorry, but that is how the universe works. It's basically Quantum Physics at work. In order to fill something in, a void must occur.... in order to have NO WAR, you must first have WAR.

While it would take me about 10 semesters to teach it to you via email, you can get a fair grip on it from a 2 hour movie.... I suggest you go to www.WhatTheBleep.com and find a theatre and location near you. You will then be schooled by some of the brightest minds in science.

Here is further proof that WAR exists everywhere:
http://www.usatoday.com/printedition/money/20040823/3b_apple23.art.htm

But then again, you were probably running around Japan on December 8th, 1941 shouting how unfair it was to attack so close to Christmas.

TO ALL OTHERS
I'm done with the other site for the most part. I'm happy to be invited here by Jerry and thank you and Kundar for the nice words. I take them as a compliment.

Too many fragile egos over there. MAN!

I made a comment and Mr. Hell-bent-for-Egoism boy jumps my case. I crack back, and get it from all sides. I then had to have a little fun. ...even made it a hobby.

Glad to be here. I see this as more of a CHEERS kind of atmosphere and everyone gets treated like NORM when he first walks in.

Over at the other place, it was as if you were a 40 something male in a sorority laundry mat!

In either case, I can always make myself at home... here, it seems as there's nothing wrong with having a sensable opinion.

Let's Roll!

NORM! I agree. The other site is fragile. I am not in the "click" so I dont fit. Others will follow, If they havent already. Atleast in here we have fun even with lossers like jihad jonny here.

Hello all,

I am getting 1457 dinars to the dollar from my local exchange.

I would also like to thank everybody here for all the information both positive and negative on investing in Iraq and its currency. I agree its a risk each person has to ask themselves are they willing to take as for me I will take that chance and hope for the best. You will never know unless you try and a small investment is better than no investment. Fingers crossed and good luck to all.

OK
You all idiots :)
tell me.

WHY THE FUCK DID AMERICA INVADE IRAQ ???

DID THEY HAVE ATOMIC BOMB ????

NOOooooooooooooooooo .....

THen Why kill and invade man ?

if a country is ruled by an unjust man. is it the JOB OF US MOTHER-BITCHES to invade it and give people a new ruler by killing 5000000 people ???

demolishing their cities ?

TELL ME>

YOU PUSH OVERS ARE JUST THERE FOR THE OIL, and MONEY
AND YOU KNOW IT.

SO keep the fuckin bull shit and your insulated ideas.

and go watch the movie

"FAREHENHEIT 9/11"

Made by one of you who sees the truth.

JHONNY !!!!!

WOW we killed 5,000,000 people already? Does that mean that the dinar is more valuable because there are less people to spend it? Or does that mean that its less valuable because that is that many fewer people for demand i.e. getting paied? ...whatever Johnny, F/911 is yesterdays T shirt. Todays T-shirt is "Heeeeers Johanny!"

P.S. when adressing a group it's better to open in a proper sentence "OK All You Idiots"

ALSO NO ONE OWES YOU AN EXPLANATION OR ANYTHING!!! OBVIOUSLY YOU HAVE AN EMPTY YET HARD HEAD... AND BELIEVE IT OR NOT I CAN STILL FIND USE FOR IT... AS A CHALK BLOCK FOR AN M1 TANK!

you should be glad that we are sending our american dollar to iraq,and as far as fareinheight 911,it is a one sided stupid movie and i guess you believe everything you see in the movies.i am still buying dinars and if the dinars dont appreciate in value then so be it.if they do appreciate you are not invited to the dinar barbecue.

jihad johnny,
You are like a child. What official goverment report is F/911? I have respect for the camera men in Alien vs Predator, they really risked life and limb, because that is all %100 true, because it was on the silver screen. Oh and I heard something about Godzilla teaming up with Batboy to kick Osomas ass, maybe the US forces should just follow them to lead us to him? Please tell me what you think jihad johnny.

GOOOOO IRISH!!! WB ND! You wont get the fake "Bravo golf clap" here. Here its pretty much say what ya want when ya want with out Blakes whining, Dans moderating, Tonys "I'm too cool for myself" and everyone elses "Make love not war BS"

Here if you talk politics you CAN say YOU SUCK or repley back NO YOU SUCK without having to be trheatend like a child "Or I'll Take It Away"

I LOVE THIS PLACE!!!!!!

GOOOOO IRISH!!! WB ND! You wont get the fake "Bravo golf clap" here. Here its pretty much say what ya want when ya want with out Blakes whining, Dans moderating, Tonys "I'm too cool for myself" and everyone elses "Make love not war BS"

Here if you talk politics you CAN say YOU SUCK or repley back NO YOU SUCK without having to be trheatend like a child "Or I'll Take It Away"

I LOVE THIS PLACE!!!!!!

Since I own this forum, I'll let you all say YOU SUCK all you want, but I'd ask that you please list substantive reasons why.

-----

For instance, Johanny, YOU'RE THE IDIOT! Why? Because you:

1) make up evidence where none exists (5 million?, demolish cities?, you're a real man?)
2) ignore factual evidence presented to you
3) have no clear arguments
4) let your hatred guide your mind
etc.

If the U.S. wanted Iraqi oil, or the proceeds from it, there were far cheaper ways of acquiring it--like buying Saddam off. Why would the U.S. send in the troops knowing many would be killed ad wounded? Do you know how much stabiliing Iraq costs? Do you care? The U.S. is rebuilding non-oil related transportation facilities, water supply, roads, bridges, etc. Why on earth would the U.S. do that if all they wanted was the oil?

The U.S. invaded Iraq because the horrifying rule of Saddam was, in fact, a stable regime that threatened America's interests. America's interests in Iraq are:

1) No safe haven for terrorists
2) No madmen trying to acquire nuclear, radioactive, biological, or chemical weapons
3) An example of peace and freedom to other middle east nations ruled my tyrants.
4) A stable oil supply.
5) Open markets.

So you can take your "IT'S ABOUT OIL" nonsense and shove it where the desert sun don't shine.

And what about F9-11 did you find at all comprehensive, non-selective, compelling, truthful, or otherwise actually dependable?

--

Also, please keep the partisan politics to a minimum.

Kevin - You are the coolest!!!

Jerry, Norte Dame, TrashBucket, Jack and for all those too numerous to mention...I am happy to see that most of the heavy weights that supported that forum with CONTENT realized the B.S. happening on Investors Icrap forum.

Though there are still some good folks over there like M&M and mini and others to numerous to mention, I am glad to see you guys still adding content here!!! Let's Roll!!!

Johanny - Since you seem to be such a well cultured and civilized man, I will humor you...

- Your knowledge and wisdom of foriegn affairs seems to be unparalleled.

- You are the pinnacle of national security intelligence.

- Your inconversant perspective of the "War On Terror" is unquestionable.

- Your presupposition of F/911 is quite intriguing. I am sure you bring comfort to so many working class Americans. Many of whom are descendants of people who have paid the ultimate sacrifice.

If you are an American, please respond and enlighten us as to what your master plan would be to protect your family of countrymen? If you are not American, then you have no arguement.

If in fact you are an American, let me give you two links to provide you with real information and not sliced video tape that any amateur could have put together and sold as a movie and called F/911.

You may consider me more of an independent, vs. a Rep or Dem. Just like religion, I believe in the writingsof a book, not someone elses interpretation of the book because I am wise enough to know that humans may put spins on writings, and as a result you get extremists and as a result, Allah will not only judge them, but, Allah will also judge those that taught them their evil ways. InShallah.!!!

American Soldier - Tommy Franks
http://www.amazon.com/exec/obidos/ASIN/0060731583/qid=1093444621/sr=ka-1/ref=pd_ka_1/002-8244287-8782446

Why were are there is obvious: http://members.cox.net/classicweb/email.htm

Errrr....

were=we're (Last sentence)

I am at home with our roots at
http://truckandbarter.com/mt/mt-comments.cgi

I hated going their in the begining and I realized after Tony's profanity that I was right.

Investors Iraq is a red headed step-child of T&B. Many of the heavy hitters (good info) are going back to their roots. The Investors Icrap forum appears to be infested with midddlemen trying to make a buck and we are wising up to the fact.

No disrespect to M&M and others. M&M is a good mod trying to maintain peace. Unlike others that feel they are the Saddam of their universe and delete posts which are not positive in nature to their beliefs. Isn't that called dictatorship or communism?

I sincerely apologize if I have isolated certain friends with my beliefs, however, I am an extreme patriot. U.S.A all the way!!! I come from generations of folks that have served and some have given their life so that we have the freedom to speak our minds.

Had we lost WWII, what do those folks think would have happened? German or Japanese, which language would you want to learn?

As a result of the hundreds of thousands of Americans which gave their lives to protect their children and decendants...THAT WOULD BE US! Don't let their sacrafice be in vain! WWII was much worse than OEF and OIF as far as American lives lost. Was it nice, NO. Was it necessary? Yes. Were they kids the U.S. President sent to war? No. They were men. Brave and courageous. They knew that America depended on them then just as America knows today.

I think this forum deals with the real issuses and deals with people/crap as it comes, chews them/it up and spits them/it out and waits for more. Thats why I like this forum better! We are all going to get rich at the same time so I don't need to kiss someones ass to hitch a ride on the money train, that would not be an individual, that would be someone with no individual charicter (even if I can't spell). So the "Gods" in the other room can keep worshiping themselves while we keep having fun! Oh yeah, jiahd johnny, I have to agree with kevin B, YOU ARE AN IDIOT!

This message is for the all knowing johanny. First of all, unless you have served in Iraq, you wouldn't have the slightest clue as to what this war is over. I have been there and seen the atrocities that Saddam has committed against his own people and mankind. They are still finding mass grave sights and the number of dead from this tyrant are growing to the likes of Hitler. Do you think Hitler was a good guy too. My point is, unless you have any kind of usefull knowledge on a subject, keep your anti-american slander to yourself. Maybe you would be better off living in a country like that. Sounds about like your mentality level.

well said jj. I for one have been there. and recoveriving now @WRin DC. jihad johnny is really a big piece of WORK

O.K. PLEASE...Can someone tell us how to tell if Iraqi dinar are authentic or not. We have people wanting to buy, but they are very hesitant as they think this is a scam. Please, can someone tell us exactly how to do this??? Thanks.

jo,
check it with this.....
http://www.iraqi-dinar.com/security-features.php
this is the way to tell once you have it....before then...to get it....buy it with credit card to escape fraud.... thats the way I did it

oh yeah jihad johnny,
when your roads are paved and hosptals working and even a "lottery" starts....you know westerners have put you in check. "CHEERS"!

Thanks so much Mr. Trashbucket. Only, I cannot pull up the site on Google. What would you suggest? I really need to see how to find authenticity. Thanks again.

Jo,

Click here.

It's getting harder to weed through all the "i'm so cute, your so cute" and "yah baby, ride me"! stuff at the other site to get to any information at the other forum----annoying.
Now they're talking about how cool it is that "man actually created God"---i'm staying here, i don't want to get struck by lightning. good grief.
keep up the good posts! no bashing needed, you guys are too intelligent and informative to waste your time on it:)

just in case you haven't seen this yet from the waha site:
http://www.waha-stockbrokerage.com/?page=35

click on the analysis link for reviews on companies and market news---excellent info

August 01 2004 Foreign investors are now allowed to hold Iraqi stocks

Foreign investors are now permitted to participate in tradings on Iraqi Stock Exchange (ISX). The legal framework is in place, but the details have yet to be completed and final regulations are awaited.

Kevin, thank you. I have been checking the dinar we have. They look authentic except for the color changing symbol. Mine looks pretty much the same all over. How can I check further? The color is uniform on the "purple flower", is that wrong? Thanks again. Jo

Been holding dinar since April and a first time poster. Notre Dame, Psycho's in town, just busted balls on his majesty the (cough, cough) attorney. Give me a "hell yes" so I know which one you are, I believe I do know but can't ass-u-me. Basically, I see your forum rode that left wing bitch out on a rail so if there are no objections, I may just hang out for a while; if there are, like Notre Dame would say, I guess you'll be on the pissed off list.

A very comprehensive article on how the US can get out of Iraq. Also has an indepth explanation of how the Sunnis and the Kurds and the Shiets are all broken up and what exactly each one of them want and why they fight each other.
GREAT READ Johanny may give it the finger.. But I give it A THUMBS UP!!! Please every one read and give you Input as to if you agree or disagree with Mr. Galbraith....

Jerry

http://www.nybooks.com/articles/17103

I am reading the article you posted closely.

I may be way out in left field here, however, I question some of the article info. Keep in mind that I am only 7 paragraphs into the article thus far...

• "...Focused on winning the political battle to start a war, the Bush administration failed to anticipate the postwar chaos in Iraq...?

  Per news reports as well as a first hand account from Tommy Franks book. I can say that there was planning of what Franks and the administration defined as "Catastrophic Success" with the OIF mission. As far as the article writer calling this a "political battle to start a war". I find that statement hard to believe. The administration knew that it was an unpopular decision, however, he stuck to his guns, knowing that Saddam was a threat and allowing safe passage and harboring terrorist fleeing from Afganistan. That in itself is enough to go to war and that is likely the strategy. This will let the terrorists know that there is no where to hide. We will come after them and anyone that supports them. "You are either with us or your against us." As a result, terrorists are realizing we will chase them down like the pigs they are and rid them of the civilized world. Thus, Iraq appears to be their last stand.



• "Prevention of Genocide Act of 1988, which imposed comprehensive economic sanctions on Iraq for crimes against the Kurds. The Reagan administration opposed the legislation, in a position orchestrated by the then national security adviser, Colin Powell, calling such sanctions 'premature.'"

  Reagan's National Security Adviser was Frank CarlucciLieutenant General Colin Powell was the Deputy National Security Adviser at the time. (nitnoid I know but a journalist should report the facts, not spin them. Know I am not Bill. LOL)
  

Jerry - So far a good article though. Still reading. Pretty busy over here right now and read (and post) when I can. Thanks for the info!!! Good read none the less.

Anyone notice the CBI Exchange rate did not update today? Technical problems?

does anyone know what kind of taxes there would be on any money made on these dinars////capital gains????income:::

Johanny,
I have sat quietly by listning to all your retoric and I have come to only one conclusion, You don't have any dinars and are too skeptical to trust someone to get them for you !!!!! Don't hate because we are able to see the forest and the trees. Don't hate because we can hope for our future and the future of our families..did you get that? OUR FAMILIES. Not yours. This is a forum for to discuss the Dinar. If you think we are all crazy, greedy, or whatever, thats OK. It doesn't offend me at all. So why does our optimism and our hope for the future bother you so much? If you don't believe in it, don't do it. It's that simple. And please whatever you do, Don't Hate !! It is not attractive!!!

I am currently stationed in Iraq. We are up and down the MSR's everyday and get to see all the good things going on. I think this country will eventually make it. Has anybody else heard this gossip? I was talking to some KBR truck drivers in the chow hall and they were all excited about the possibilities of what was going to happen to their dinars. They are saying it will open in January(not hard to believe) at 33 cents and within hours of opening fall to a penny. THis is the best part. They said they had read where the USA, Britian and a unnamed third country were going to subsidize it(in exchange for oil) so it would stay at around 33 cents. They swear they read this is a reliable publication. It seems a little far fetched, if it were this easy everybody would be investing.

Good to see a lot of you coming back here again. Like I said last week, very difficult to glean any usefull information from IIF. Now the babble has resorted to "boob jobs". DOOO BOOYY!

You asked "Has anybody else heard this gossip?" Though not comforting, I had a coworker that went into the Green Zone a year ago. He came back with a lot less hair and what was left was recognizably more grey.

I didn't let him know that I was a dinar investor or anything like that.

I asked him point blank. "Do you think the situation is improving?" "Do you think Iraq will make it?"

Though I consider the fact that the individual was just a technical worker bee, I was discouraged when his answer was "I am hopeful, however, I don't think so."

Not to rain on anyones parade (It won't stop me anyway). Keep in mind that his view is only one of many and he gave his thoughts on Iraq as a country from his perspective. He is not in the political or economic ring. He was a tech-worker bee.

Again, don't be discouraged. I am sure I will be able to purchase former believers Dinar for less than they purchased it at originally if I end up back in the states. Until then, I will continue to purchase at regional rates.

This is my first time commenting at this site... I've been checking in here from time-to-time to see what the good/latest word is on the future of the Iraqi Dinar. Lots of good discussion/info here; lot of worry venting too; sprinkled with a bit of controversy every now-and-then ...in other words "it's intersting".

I'm not unlike the rest of you folks that have purchased Iraqi Dinar with the expectation of making a tidy profit in the somewhat near future (I'm a club member too). I'm active duty military (USMC) with several friends and acquaintances serving in Iraq, or due to rotate over there soon.

Reading "Jihad Johnny's" (as he was refered to) comments, something about; "dinar investment being blood-money", etc. caught my attention...

After I purchased my dinar I had the same feeling myself when I saw a Marine that returned from Iraq grossly disfigured from an IED explosion, while in country, during a routine convoy patrol. Looking into his eyes and speaking to him, while trying my best not to appear horrified at the consequences facing him, was almost too much to ask of me. I was so disturbed by it that I was ready to sell my new Iraqi Dinar at a loss, just to wash my hands of it.

We Marines are funny like that - seeing this young man in his condition, all-the-while knowing that I am schemeing to make a small fortune on the Iraqi condition, made me violently ill and shook me up for several days there after. ...(it even bothers me now as I'm writing about it)... It took some friends calming me down and talking me out of getting rid of my investment.

My solution (as insignificant as it may be) is to give a handsome portion of any profit I make to the Disabled Veterans Association to somehow help ease their suffering.

For the Iraqi people there isn't much I can do. I can only hope that their shot at democracy works out for them, and that all this turns out to be worth it in their eyes. They, their children, and generations of Iraqis to come deserve prosperity so very much, after what they have suffered through for so long. Liberating them is something that we as Americans can take pride in ...even if the rest of the world doesn't quite get it.

I'm not a warmonger, or into human suffering of any kind, but I see an opportunity here to increase my family's standard of living, and I'm going to go for it; ...and, I don't feel the need to apologize for it.

The war in in Iraq was not my doing, and I'm genuinely sorry for the outcome; as far as human injury/loss is concerned, the destruction to the Iraqi nfrastructer, and the general impact to their overall quality-of-life. Yeah, my conscience gnaws at me at times, but it's a clear conscience. And, I'm not one for being left behind when the best opportunity of my life comes a knock'in!

In my gut, from all that I hear and know, I'm certain that--in the end--we'll all prosper from this venture--no doubt about it. The only unknown here is "how much" we'll prosper. ...(???)... Worse case scenario is ...we'll break even. And, if that's all we have to worry about, then I wouldn't worry that much at all.

Consoling one another at websites like this until the "Pay-Day" arrives, early next year some time -if not sooner, is a good thing though...(!)

Best of Luck to all of us! ...(you too Johnny)

HELLO ALL! ITS BEEN AWILE SINCE I HAVE POSTED BUT FROM WHAT I HAVE READ THIS BOARD HAS GONE TO THE SHITS..
IT ONCE HAD GOOD INFORMATION.
I'M HOLDING ON TO MY 8 MILLION AND CHANGE ..
BEST OF LUCK TO ALL OF US DINAR-A-HOLICS
ROBERT
16 MONTHS IN IRAQ AND I'M HOME!

hellooo! :o) Hey EW, Jerry, ND, Larry, etc. :o)

I came from here, and Fat Wallet over to the IIF but had only been on either for a short time. The forum does have it's annoying aspects for sure - but there is also some good info if you can duck the poo flinging and boob jobs! :op (in other words, skip the political threads and the lounge.) You're right EW, there are some smart informed people there - RogerL is my hero.

I think the creation of the politics area might have been a mistake. It's drawn too many people who just want to fight about politics. That being said, I can be selective about what I read - and I have to or my head might pop clean off!

I'm a die-hard patriot like EW, living in a liberal wasteland in MN, so I don't really need to go to IIF to get my dose of political spats. :O)

I'll never leave there, simply because I'm up all night at work and I work alone so I like being able to stay in contact and catch the daytime posts from our friends in the mideast region.

Anyway, keep up the informed and fascinating posts - I'll be here reading - and promise to never mention boobs. :oD

Jacquie

What's the latest on the World Bank in Iraq? Has anyone heard of a possible open date for the Dinar?

Posted by: Johanny at August 25, 2004 05:28 AM

SO keep the fuckin bull shit and your insulated ideas.

and go watch the movie

"FAREHENHEIT 9/11"

Made by one of you who sees the truth.

------------------------------------------

Minigirl says:

BWAAHHHHAHHHAAAAAAAAAA HA AHAHHA HA HA AHA AHHHHH ahhh ah. ah. ohh. oh. oh. hee hee... he. oh.. that's funny. ohhh my. heh.

Hiyaz Mini :)

EW... I too do not agree to the article in certain aspects. However I did find it informative and this guy is just a small part of the many think tanks. Heres the complete list.

http://www.cfr.org/reg_index.php?id=6|35||1#13

Much longer reads, but none the less informative :)

hey Jerry, hey, quite posting stuff that'll keep me from doing my work. lol ;o)

First, I come here not with warm fuzzies, but with a warning to all... Is it just me or does Al-Sadr's act seem a bit too much like Lucy Van Pelt telling Charlie Brown that this time she's really going to let him kick the football?

Too many times, good ol' Uncle Al has gone back on his word. I think we should scurry on over to Grandmother's house and warn big red on this one. We ain't out of the woods on this one yet!

JIHAD JOHNNY
If you're into the F-911 movie, here are a couple of movies that you ought to see, followed by another site that is a must see:

www.davekopel.com/Terror/Fiftysix-Deceits-in-Fahrenheit-911.htm

www.KerryOnIRAQ.com

http://ice.he.net/~freepnet/kerry/staticpages/index.php?page=20040531140357545

And please remember this my friend, more people are still trying to get in to the USA everyday than anywhere else in the world. .... now, will you go in Peace?

JERRY
You bastard! The only reason I came over here was for the fake golf clap!

SID
Don't buy into the rumors. If the IQD opened at even HALF of a penny to the dollar, that would be a miraculous thing. The scenarios you have painted are not just unlikely, they are unrealistic. If currencies were able to be manipulated, then the Big 3 automakers would have been able to do so in the late '70s when they flew to Japan with Richard Nixon, Henry Kissenger and other world dignitaries and pled that Japanese autos not be allowed into the USA. Soon thereafter, Toyota and Honda were introduced into the United States.

You may not immediately get what this has to do with Forex, but if you had a couple of semesters, I could explain why you often hear about the dollar getting stronger/weaker when the talking heads rip and read on the nightly news.

BILL
It's only my humble opinion, but you are a disgrace to all that have fought before you. I'm sure that if you had looked that young man in the eye, he sure as hell would have said, "Go get them. Think of me, but mostly, think of the motherland!

Like EW, I too, come from a long line of military. A great-great-great uncle who was a general and messanger for George Washington, and an uncle who was a 3-star general and was General MacArthur's right hand man. My father served in WWII and Korea and to this day would not talk about his experiences. I never understood why until I sat in a dark crowded theatre and after the first five minutes of "Saving Private Ryan", I fully understood.

I also recall the fight that my parents had with two of my brothers that said they would go to Canada before vietnam. One's number never came up. The other's number was to be called a few days after we pulled out of Nam. Those were unique times in our home.

I never had the priveledge nor the responsability to fight for the Stars and Stripes. I did however, call a recruit post within days after 911. They would not take me due to my age.

Duty, Responsability, Honor.

I doubt that ANYONE actually wants to kill or harm another in combat...that's probably why the fighting is no longer done hand-to-hand and technology allows so no one sees the "enemy" who is actually a teamate in the human race.

HOWVER - others before you, and certainly will after you, believe in "certain unailianable rights" and the freedoms that our country stands for, and are willing to die for our country, because we wish that our children shall live to be free.

There will be no freedom without war. Never has, never will be. Much like there never will be cold without hot.... it's the ying/yang. It's how the universe works.

I understand that none of today's soldiers ever expected to go to war when they signed up. Many, perhaps yourself, just wanted a free education on the military bill or retirement benefits, or a truck with a bitchin' sound system and some nice rims and a few dollars in their pockets so they can get laid and or drunk on their leave.

We may in fact, be fighting for oil. We could be fighting because someone honestly believed there were actually WMDs. There may even be WMDs. My sources tell me that we actually took out Saddam due to the fact that he made a move on the Bush family. We all know about the attack on George H., very few may know about the interception of an attack on a plane by Hussain in which Gge H., Barbara, and Laura were flying.

We may even be there for that small reason as a final straw. Love, Honor, Responsability.

Whatever the reason, the result shall be the same.... freedom for the people of IRAQ. You and I and some other good folks may be rich in a few years. Not because of this war.--but because we saw an opportunity and acted upon it.

It's called FREE enterprise. If we are more wealthy because of it, it can only mean that the children of the people of IRAQ know FREEDOM. That is an HONORABLE outcome. From your own admittance, you are ashamed of Honor, and do not recognize Responsability. I pitty you and those who serve with you.

Nothing in life is free, my friend. Nothing but the air you breathe.

Johnanny,
Look for the truth, join the military and find out what is realing going on over here. If not, then shut up and sit on your couch and watch the news. I sense that you are too much of a coward to find out what is really going on over here

Dear Mr. GO IRISH,

I sincerely thank you for publicly stating your professional opinion of me; as well as your complete and utter pity for the poor souls that have the gawd-awful misfortune to serve with me.

Not quite sure what I said with my comments to cause you to write the matter-of-fact statements that you did, but... I suppose, as long as you feel you know what you're talking about - in your eyes - that's really all that matters. So, I'll just leave it at that.

Rather than belittle you, as you tried to belittle me, using this forum with your, "humble opinion"; all-the-while relying heavily on your unflinching wealth/breadth of knowledge of me, and my 23(+) years of honest and faithful service to Corps and Country; ...I'll simply and sincerely wish you Health, Prosperity, and All the Best this World has to Offer.

Semper Fidelis,

Interesting reply.

According to my neighbor, whose opinion is probably more weighted than mine on the matter since he's a USMC Retired Lt. General, my opinion was spot on in his eyes. As he said -

Semper Fidelis is a complete contradiction to:
"...The war in in Iraq was not my doing, and I'm genuinely sorry for the outcome; as far as human injury/loss is concerned, the destruction to the Iraqi nfrastructer, and the general impact to their overall quality-of-life. Yeah, my conscience gnaws at me at times..."

Perhaps you meant:
Simmer down Fido?

While I can respect anyone who serves for 23 years doing anything, I can only react to your above words much like the Vietnam veterans are reacting to John Kerry's actions and words bashing them when he came home.

I'm a soldier currently in the Green Zone in Baghdad; I have the opportunity to recieve dinars at the Rasheed Bank , much less than online; I plan on investing about $5000; can anyone tell me what they've heard regarding when the dinar will be recognized by internation banks? thanks

Hello there all...I am new to this...Just bought 3 million IQD. Can anyone give me some insight on how to exhcange this if it does increase in value. Do we have to claim it when entering the US? Will not claiming it keep us from converting it when it increases in value? Just curious..Ciao for now!

J

As I understand it Brandon -from what I've read and heard [someone correct me if I'm off the mark].

Early next year, once the U.N. has lifted it's sanctions imposed on Iraq after the invasion of Kuwait, and recognizes the new government in Iraq, the NID will be available for trade on the world markets. I've heard that it will begin trading at 33 to 40 cents on the U. S. Dollar. My guess is that somewhere between 20 to 30 cents U. S. will probably be more like it.

Not bad- if that holds true.

Hope that helps,

Mr. GO IRISH,

Please sir, "Go" ...in Peace.

This forum is not for verbal duels between the likes of you and I, or anyone else. But, if it'll entertain the bulk of us as we impatiently wait for our Iraqi Dinars to increase in value
...then, so-be-it!

With all due respect to the virtual Lt General you touted in your reply, the two of you have taken my comments out of context and missed their intended communication ...(now I understand - empathetically - why politicians consistently reply, "No Comment".)

I'm a patient person sir, but your misguided attacks of me, and feeble defense of them are trully testing my limits.

If it was up to you I'd be tarred-and-feathered and fired out of a cannon in the general direction of the Iraqi wastelands, without the benefit of an ounce of jurisprudence, what-so-ever.

Before you condemn me to indefinitely sail around the world, and to never be allowed to set foot on earthly soil again, "Your Honor" ...I ask your permission to clarify my original statements?... "Thank you."

"...1) {The war in Iraq was not my doing}, and 2) {I'm genuinely sorry for the outcome; as far as human injury/loss is concerned, the destruction to the Iraqi infrastructer, and the general impact to their overall quality-of-life.} And, 3) {Yeah, my conscience gnaws at me at times..."}

("Touch`e" by the way. Your technique of taking "a mere fraction" of my commentary to bolster your position didn't go un-noticed, ...but I'll humor you just the same.)

AGAIN; These comments were directed at the gentlemen deemed "Jihad Johnny", addressing the dinar investors at this site, with his extreme, out-of-left-field, scripted assaults.

1) The war in Iraq was not mine, nor any other Marine/servicemember's doing. Once the President says, "Go!", there are no, ..."Oh, by the Ways"...; we "Go!", and what happens next isn't pretty.

[So, (to: Jihad Johnny) don't blame "Us". We're simply doing our jobs, and trying to make it home in one piece to our loved ones.]

2) Talk to any Marine, or other servicemember, that's ever had to take another human beings' life; let alone - destroy the homes, schools and hospitals of the innocent, and they'll tell you - POINT BLANK - they "wished" there was some other way. ...BUT, if it comes down to either them, me, or one of my Marines (or sister servicemembers), then I/we will do our damndest to put "them" down first -period!

[Again, (DIRECTED AT JIHAD JOHNNY!) American servicemembers are human too! We're not mere robots programmed for destrucion, and genuinely hate the fact that we have to destroy personal/community property and take the lives of others. We "do" wish that there was another way. But, they/I will follow our orders first, strive for all we're worth to accomplish our missions. Then, if we're inclined to do so, we'll cry in our beer at the VFW [when no ones looking] - for the friends/comrades we lost, and at times, even the poor soles that forced our hand/s on the battlefield. Heck, I'm certain that in most cases we're "more human" than the majority of two-legged, vertically-postured mamals aboard this planet.

And, 3) As far as my conscience is concerned (I'm glad I have a moral compass), it does bother me that some get killed and maimed and have their physical and mental quality of life turned up-side-down while others go unscathed. It comes with the uniform, and I'll deal with it in the end.

[Again, talk to any servicemember who's survived the seemingly "unservivable" and see if they aren't humbled - in some manner - by the fact that they made it home, or escaped injury, but some of their friends and comrades weren't so lucky. At that point, I'm certain I'll cease to seem like such an Enigma to you.]

There! That's it Mr. GI (GO IRISH ..."what an irony that is."). I've made myself as clear as I can on this issue.

Lastly sir, I'm an honorable man/United States Marine - period!!! I do not owe you one red, American cent. BUT!... (justice be served), I will FINALLY put you in your place! If you've earned nothing else sir, you've - most definitely - earned that!...

How dare your pompous, buffoonish rear-end challenge me, on any level - let alone - attempt to publicly discredit and disgrace my military service!!! I'll excuse the Lt General (S/F Sir), he obviously (and most conveniently) didn't get "The Rest of the Story".

...And then, with the flying colors of a coward streaming before you; you run and hide behind the coat-tails of someone who served with distinct and dedicated service to our country. "I certainly hope the medication - you must be on to have such gall - came with a prescription!"

You can save the public apology I'm owed by you. Coming from the likes of you, it wouldn't be worth the keystrokes it took to type it!

OOOORAH!

Hotel-Charlie ...Out!

hello all!!
it has been a few months since i was last on this site, becuase the first blog got shut off and then i had no where else to turn (b/c all of the other blogs SUCKED!!!) so i am THRILLED to find that there is another blog!!! so i am a little bit out of the loop on the dinar...but having read the posts here, it seems like people think that the dinar should hit the world market beginning of next yr?? is this correct?

i look forward to checking this site daily, and Bill AWESOME post!!!

So is there going to be like a duel or something?
I got a 10 spot on ND.

I'll take Bill then - you mean 10 IQD? heh

LOL... no Duel Jerry.

You should know by now that as soon as this raggamuffin Bill tries to dig his foot back out of his mouth his had already put up his back peddalling white flag, yet try as he may, digs himself deeper.

Bill
Young man, it matters not with whom you spoke. You spoke the words.

It matters not which side of your mouth you're speaking, you're still speaking out of the side of your mouth. (That hole is your mouth, is it not?)

The Lt. General has seen each reply. In fact, he had me walk it into the Coranado Post 2422 this evening and here's some reaction for you from the rest of the boys:

"He is right about one thing, nearly any man that's ever had to kill another does regret to ever do it and wishes there were another way, but HELL, you told him that the first time."

"He says here you challenged him... looks to me like you merely challenged his words and he took offense to it. Can only mean a fox got caught in a henhouse."

"What a disgrace this one is, I'd like to have a word or two about Honor and respect with him. He'd probably beat my ass, but he'd have his hands full. Afterall, I'm 82."

"Sounds like Hotel Charlies been drinking Whisky without the Tango"

The Bartender:
"This guy either didn't think before he wrote the first time, or he didn't think before he wrote the second. I'd have to say this one put himself so high up he needs to be knocked down."

This from the QuarterMaster seemed to give everyone a huge laugh:
"Yup, a year or two of war time after 20 some odd years of peace time will make any lad crap in his boots....tell this one he better change his shoes!"

So there you go sadsack. Not from me, but from men I would call TRUE soldiers.

Just remember Bill, should what I type get to you, it's about you, it's not what I type - it's what you internally represent it to mean that twists you (I'm sure it didn't help to realize after it was too late that you wrote something that woefully may show your true colors.)

By the way Jerry, MiniGirl sent me a private message saluting my post prior to betting you the 10 spot. I guess it's her way of hedging her bets. ;o)

I just said it was a nice rant, and gave you that golf clap (attention) that you're so desperately seeking. I'm finding Bill to come off much more mature and intelligent. I think I'll stick to my original opinion of your prattle.

And don't you have anything better to do than go down to the local and get opinions on some other anonymous posters comments? No date tonight?? lol

And about that email - nice reply. Thinking with our LITTLE head are we? ;o)

HI YA ALL

WAS WONDERING WHY THIS FORUM SITE IS ALLOWED
TO GO BACk so far in timeline. seems to me the
entries past aug. could be deleted, so the forum
could concentrate on current events with the
iqd. the political garbage is irrelivent to the
vast investments that have been made by all.
The only relevent thing politically (with regard
to the thousands, or millions that have been
invested in the dinar is that one or the other
candidates that wins is, WHICH ONE WILL STAY THE
COURSE AND NOT PULL OUT AND LET THE SQUABLING
TRIBES REVERT TO PREWAR STATUS. IE: BACK TO THE
STONEAGE....

I intend to invest in the iqd eventually, but
don't intend my hard earned funds to be flushed
down the toilet.

thanks for all the neg and pos input, its an
education.
tinkerbell, retired navy scpo

Tinkerbell,

The software I use to power the site is not meant to host a forum--I'd have to delete the comments one at a time. I can create a new thread for you all to post on, but that might be hard to find. When the post hits about 1000 comments, I'll have to shut it down and make a new thread anyway...

good morning kevin
tks for input, was unaware of the limitations
regards
tinkerbell

For those of you who buy dinars and have them shipped or smuggled out of IRAQ, how do you propose to exchange them for US dollars several years from now?

To my knowledge the only legal way to own dinars is by currency exchange through and approved bank, but this still does not allow one to take the currency out of Iraq.

good evening pete

just checked in, there are several sites
in USA that sell iqd. I would stay away
from E-bay from the negative reports i have
on this forum, I have not purchased any as
yet, but intend to soon, one site I am
checking out is Silver Dinar.com...supposidly
located in Illinois. ( but the location in
the U.S. dosen't mean much until they are
checked out by BBB, or state attorney general
in that state. lots of sharks in the sea.

If there is anyone on the forum that has
delt with "silverdinar.com " I would welcome
any comments. ( but then u mite be an agent
of "Silver Dinar.com ) yes I am paranoid at
this point in the game.

Tinkerbell

amer on ebay---user name dima89---has proven to be reliable by many, as well as antiquesgaith. their track records are excellent and dinar arrive within days.
silverdinar has gotten a bad rap from a few.

Hello everyone, check out the CBI's website. they have added other currency to their auction board. http://www.cbiraq.org/cbs6.htm

This is my second tour in Iraq. Its hot, its frustrating sometimes, but...over all its worth it. I extended my contract to come over here one more time before I get out and move on with my life. I can say I did my part to protect my county and I help liberate a country from Tyranny. Things never go as planned especially with situations as complicated as this. The point is that no matter what we have to have hope. Hope is the basis for everything over here The dinar is a way to start who cares if people thing "it wont work." its about the coalition getting together to bring this country back to its feet. Yes it may take a while but eventually it will happen. "ITS A START." Ive bought a million dinars and I plan to purchase more because I can afford it. With the Dinar its one big gamble. If you can afford to lose 735 dollars for a million dinars then go for it its just a gamble being over here my money just sits in a bank account so its not like im going to be hurting over the money if i were to lose it. The point is that the coalition is involved and will not let this country fall into tyranny and violence once again. They are rebuilding this country from scratch and their alot more good guys than bad guys over here so no matter what the country will suceed and the dinars value will go up because the oils is still there, the natural gas is still there, and all of their other exports waiting to be distributed accross the globe. The insurgents will not stop this country from getting back on its feet. They are merely making a little more difficult. My prediction is that the dinar will AT LEAST go back to .33 cents. What it was right before the war. Alot of countries are putting alot of time and money to see that this country suceeds and they wont just give up everything they invested because someone placed an IED on one of our convoy routes. We are alot smarter than the insurgents and we are all certainly better equipped. I ask that before people start bad talking what we are doing. Do something to say you did your part. To the people working for KBR I salute you. You are just as brave as any man or woman wearing our uniforms. Wether you came here for the money, to help help restore this country or what ever other personal reason you may have it really doesnt matter the point is we risk our lives everyday to make all of this work and it will

listen EVERYONE. You can open an iraq bank account with either Investment bank of Iraq or Warka invesment bank. I have and the money that I wire transfered to abghdad iraq was legit. MY credit union verified that the money went from jordan national bank and then to Warka Invesment Bank in Baghdad Iraq. I wire transferred 1000 US dollars to Jordan Naitonal bank which was then transferred to Warka Investment Bank. The website for Warka Investment bank if warkabank.com

This is a real bank that will open Iraqi bank accouts for foreigners like you and I. Since I sent 1000 us dollrs, 31 dollars were taken out by jordan national bank PLC for fee purposes, and the remaining balance was 969 dollars. I put 369 in my US dollar savings account and exchanged 600 US dollars for a little bit over 900,000 Iraqi Dinars.

The bank exchanged my US dollars for the exchange rate that the central bank of Iraq issues foir that day. Right now the exchange rate is 1460 to 1 US dollar.

Here are the steps to opening an Iraq bank account with Warka Invesment bank. If you do not belive me look it up for yourself. your picture ID like your drivers licernce is the only picture ID you need to open any account.

Dear Dan
Thank you for your e-mail dated July 17, 2004. If you want to open only Dinar account , where I will deposit your funds ( Dollars ) when you transfer it to our bank ? it뭩 better to open a Dollar account .

You can send ( copy of your passport or any official document, specimen of your signature duly attested, full address, small picture ) by e-mail , but if you like to mail it ,our address is :

Head Office
Baghdad Iraq
Hay Alwihda ?Sec. 902 ?14th St.
Tel: 7174970 , 7172828 , 7178444
Fax : 7179555
P.O. Box : 3559 Elwiya
E-mail: warkabank@hotmail.com
warkabank@yahoo.com

My phone number is : 00964 1 7172045
00964 1 7193555
Mobil: 00964 1 7901 403659

When the account open ,I뭠l notify you by e-mail .

Whenever you need bank statement , just notify me and I뭠l send it to you by e-mail .

We don뭪 have an ATM or credit card or money machines in Iraq but we are working in it .

Also we must inform you that any drawing from your account should be made by you personally or by written authorization from your goodself , and please be informed that you can not transfer any Iraqi Dinars out of Iraq because it뭩 not allowed by the regulation of Iraqi Central Bank .

You can contact me be e-mail or phone .

When you transfer your funds , deposit in our account in one of our corresponding banks that I gave you before and write to be paid for ( your full name ) ,A/C no. ( your Dollar account no ) , Warka Investment Bank ?main branch?
You can transfer your funds from your bank in your country to our corresponding bank .
Dear Sir , we are a very known , respected bank in Iraq and out of Iraq too .

Best regards .

International Relationship Department Randda B. Al-Shakir

HERE IS MORE ON OPENING IRAQ BANK ACCOUNTS

Thank you for your 2 e-mails dated July 17, 2004 and July 17, 2004 .

Thank you for choosing our bank to be your assistance for your financial needs
in Iraq, and it give us a great pleasure to deal with you in our bank . Sorry
for the delay , we have a day off in Friday

You can open two accounts, one in Iraqi Dinar and the other in US Dollars.

For this we need copy of your passport or any official document, specimen of your signature duly attested, full address, small picture , once the account is
open you can transfer your funds to our bank through one of our corresponding banks:

Housing Bank for Trade and Finance
Swift Code: HBHOJOAX
P.O Box 7693
Amman 11118 Jordan
Our A/C No. in US Dollars../ 0019583140201

Fransabank S.A.L
Swift Code: FSABLBBX
P.O Box 11-0393 ?Beirut 11072808 ?Lebanon .
Our A/C No. in US Dollars../ 00500304?3-93002098

Jordan national bank P.L.C
Swift Code: JONBJOAX
P.O Box 1578
Amman 11118Jordan .C.R.6
Our A/C No. in US Dollars../ 98-02-303123-967322-02

International Bank for Trade and Finance
Swift Code: GBTFSYDA
P.O Box 10502
Syria ?Damascus
Our A/C No. in US Dollars../ 601-11300-2-3510-0

For exchanging your funds into Iraqi Dinar we ask you to sent an authorizing letter to our bank signed by your goodself ,to enable the bank to
exchange Dollars to Iraqi Dinars . The form of this authorizing letter is as follows:

밒 ---------------- authorize Al-Warka Investment Bank to draw from my Dollar
account ( current or saving ) in the above Bank and exchange the Dollar into Iraqi Dinar according to price fixed by the Central Bank of Iraq at that day ,
and then deposit it in my Iraqi Dinar account at the said bank?.

Also we must inform you that any drawing from such account should be made by you personally or by written authorization from your goodself , and please be informed that you can not transfer any Iraqi Dinars out of Iraq because it뭩 not allowed by the regulation of Iraqi Central Bank .

Kindly inform me what kind of accounts do you need (is it current or saving ?).

Please find below our charges:
?Transfer fees 0.125% .
?Open Dollar account ( saving or current ) 2$ .
?Open saving Dinar account 1000 ID .
?Open current Dinar account 1500 ID .
?Account statement 2$ .
?Purchase Iraqi Dinar 1.5 ID for each Dollar .
?Purchasing Iraqi Dinar the Central Bank of Iraq take 1 ID for each Dollar

Kindly be informed that , we will draw these charges from your goodself account
.

The amount of exchanging Iraqi Dinars against the Dollar is variable
depending on the market but you can follow the changes through this web site:
http://www.iraqdirectory.org.

Once your goodself send the informations I need , the accounts will be open .

Thank you again for contacting us and if you need any further information , please do not hesitated to contact me .

Dear sir , we remain .
Best regards .

International Relationship Department
Miss Randda B. Al-Shakir

DO THIS AS SOON AS POSSIBLE SO THAT WHEN YOU WANT TO INVEST IN THE IRAQ STOCK EXCHANGE YOU CAN. REMEMBER THAT WHEN YOU INVEST IN THE IRAQ STOCK EXCHAGE ANY CURRENCY YOU US WILL AUTOMATICALLY HAVE TO BE EXCHANGED TO IRAQI DINARS AND THAT IS A AN IRAQI LAW. LOOK IT UP IF YOU DO NOT BELIEVE ME.

---

Note that this post was modified by the owner of the website for clarity--no content was changed!

I have an Iraqi dinar savings account and US dollar savings account with warka invesment bank in baghdad iraq. Yes it is true that they can not send you any iraqi dinar, but that is only because it is for your protection. It is well known that the iraqi dinar will eventually gain value and as that happens the high denominations will be taken aff that public market. Even if you can exchange the Iraqi Duianr you will still have to give up a certain percentage to the exchange banks. If you have an iraqi dinar savings account with you money in it already you will not have to exchange anything because it will automaticcally be done for you. I have actually been to Warka Investment Bank myself. It looks a lot like Bank of baghad. You need to understand thta I am investing in Iraq's banking sector. And it might look like a whole in the wall bank, but in a few years or less that bank own a new business building and the iraqi dinar will be at .33 on the market. The people in the bank speak mostly Arabic, but there are people who speak english. The business section in this part of baghad is mojoraly christian and jews. Look I am not trying to be racial but as we all know these particular religious people are very business and money orientated. The people that work there are great and willing to help me anyway I can. Especcialy becuase I am an American. Teh bank also has stock brockers that are willing to help me when the Iraq Stock Exchange opens its doors to foreign investor. I have put 20 million Iraqi Dinars in my account and the Exchange rate is great 1460 to 1 US dollar. The only thing that I have to do with my US dollar savings account is have 300 US dollars in that account for the year. I do not mind. I consider myself a Very lucky man with an apportunity of a life time.

GOOD LUCK EVERYONE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Hey People !

Please tell me when is the iraqi dinar bound to go up.
any dates, any events ???? i mean upcoming events.
PLEASE TELL ME, I AM DYIN TO KNOW.

if an event or something is about to happen than i will buy more IQDs

Helpp :S

Hey dan just got the news yesteday from my bank of america that my wire transfer to Warka Invesment Bnak was legit. And yes they do exchange your US dollars for 1460 to 1 US dollar. I send them 5000 US dollars. I figure that the possibilities of me being a millionare is worth investing in. I was going to buy dinars over the internet,but they chanrge way yo much. Another thing is that I get hunderds of thousands of Iraqi dinars more if I let WArka Investment bank exchange the dollar for me. I think that everyone should open an account with an Iraqi bank. everone needs to uncerstand that the Iraqi banks needs the US dollar more than the dinars salessman. I understand that even the iraqi dinar dealers have to make a buck, but I am not the one to just give away cash that I could be investing in to some thing else like more iraqi dinars. By the way I did my homework and verified that everyhing was legal. I even contacted the Central Bnak of Iraq and they told me that the corresponding banks were legal. I sent my money throush JOrdan Naitonl Bank PLC and they received it in about 7 days from my bank in california. then it took about 3 days for it to be send to Warka Investment Bnak in baghdad iraq. I intend to have them exchange some US dollars for about 3 million Iraqi dianrs because i want to invest in teh iraq stock exchange. If anyone has any questions please do not hesitate to email me. note; When you call WArka Investmtent bank remember that they speak mostly in arabic adn that theey are swormed with forerigners wanting to open bak account. Keep asking for RAndda B. Al-shakir. She is the one who most people epeak to when ir come to opening accounts. could you imagine the amoount of accounts that are being opend daily by foireiners. They will definately peg teh dinar to the dollar now. and when that happens we are going to be so rich.

Najaf is cooling down--good news for the iraqi people--good news for the dinar.

After waking up this morning to perform my usual post-wakeup ritual, I browsed to CNN to see what is happening back home. There it was, the most uncouth image I have seen in some time. Political protestors mocking the lives of fallen Americans with coffins. Words cannot describe how shameful these people are. On behalf of all the courageous men and women how fight bravely today and have served in years past...Shame On You!!!

Dont know if anyone posted this before but its a wealth of info...

Iraq

Iraq is estimated to hold 115 billion barrels of proven oil reserves, and possibly much more undiscovered oil in unexplored areas of the country. Iraq also is estimated to contain at least 110 trillion cubic feet of natural gas. The country is a focal point for regional and international security issues.

Note: The information contained in this report is the best available as of March 2004 and can change. Also, please click here for a complete chronology of events pertaining to Iraq from 1980 through February 2004.

GENERAL BACKGROUND
In the aftermath of war in March and April 2003, Iraq now finds itself in a period of uncertainty and transition after more than three decades of Ba'ath party rule. The events of 2003 mark the latest upheaval which Iraq has faced in its recent history. During the 1980s and 1990s, for instance, Iraq experienced two major wars (Iran-Iraq and the Kuwait war of 1990/1), plus more than a decade of economic sanctions. As a result, the country's economy, infrastructure, environment, health care system, and other social indicators all deteriorated sharply.

Iraq also assumed a heavy debt burden, possibly as high as $116 billion if debts to Gulf states and Russia are counted, and even more if $250 billion in reparations payment claims stemming from Iraq's 1990 invasion of Kuwait are included. It is possible, however, that much of Iraq's debt will be written off in the end, and that reparations will be capped at a certain level, possibly around $40 billion. In December 2003, former U.S. Secretary of State James Baker was sent as an envoy to several of Iraq's major creditor nations, attempting to secure pledges to write off some of Iraq's debt. Russia stated that it would be willing to write off part or all of the $8 billion it is owed in exchange for favorable consideration for Russian companies on Iraqi oil and reconstruction projects. In January 2004, Kuwaiti Prime Minister al-Sabah announced that his country would be willing to waive some of the $16 billion owed by Iraq, and would help reduce Iraq's overall foreign debts as well. Under U.N. Security Council Resolution 1483, Iraq's oil export earnings are immune from legal proceedings, such as debt collection, until the end of 2007..... (for further reading)

http://www.marcon.com/print_index.cfm?SectionListsID=93&PageID=398

good afternoon
from Denver.

Need a small arithmetic problem solved that
my son and I are having a knockdown dragout about
the Dinar... Here it is.
We have 4 mil. in dinar, how much have
we made if the Dinar ever goes to 1 usd = .33 dinar. I do it one way, he does it another.
he multiplies, I divide. Which is it??

Thanks for resolving this for us. Right
now I feel as ignorant as a popcorn fart.

thank you
in advance....

good afternoon
from Denver.

Need a small arithmetic problem solved that
my son and I are having a knockdown dragout about
the Dinar... Here it is.
We have 4 mil. in dinar, how much have
we made if the Dinar ever goes to 1 usd = .33 dinar. I do it one way, he does it another.
he multiplies, I divide. Which is it??

Thanks for resolving this for us. Right
now I feel as ignorant as a popcorn fart.

thank you
in advance....

to tinkerbell. if you divide $1.00us by .33d you
will get $3.03us. then multiply $3.03us by $4,000,000. and you have 12,120,000.00. fro it is only 1/3 of a dinar that you get for $1us dollar. does that help? i.b.

for ibocanegra
thanks very much for the input, all cleared
up. thank u thank u thank u

tinkerbell

Tinkerbell,

IF:

IQD 1 = $.33
IQD 10 = $3.3
IQD 100 = $33.
IQD 1,000 = $330.
IQD 10,000 = $3,300.
IQD 100,000 = $33,000.
IQD 1,000,000= $330,000.
IQD 4,000,000= $1,320,000

Make sense?

to trashbucket, pls don't confuse tickerbell.
pls understand that $1.00us dollar will buy-
.(point)33 of 1 dinar. that means simply that
$1.00us dollar would buy only 1/3 of one dinar,not the whole dinar.
so if you have 4,000,000.00 dinars to trade @ a rate of 1.00us=.33(or rather)1/3 of a dinar then
you would divide .33 into 4,000,000.00 to find how many .33's are in that 4,000,000.00 dinars.
the total would be 12,121,212.12 . i know i write in simple terms and i don't mean to knock you down. if it seems that way i apolize. if i'm wrong pls correct in simpicity.

God bless our troops!

I think when people say it will start at .33. They mean $.33=IQD1 or 1IQD is worth 33 cents

IB,
I'm sorry but you are incorrect. Trashbucket is right, but he even confuesd his figures in his 2nd to last post saying this..."I think if it goes up IQD3=$1 then IQD4,000,000=12,000,000." That is what IB said, which is wrong

When we say that we think the dinar may open at .33, we mean the value of 1 dinar is equal to 33 cents, that it would take 3 Iraqi Dinars to equal 1 U.S. dollar, so 1 USD=3 IQD.

Now, if the dinar ever got back to the 1980 values of 1 Iraqi dinar being equal to 3 US dollars(notice the complete flip in value), only then would 4 million iraqi dinar be equal to 12 million U.S. Dollars. And that isn't happening for a very long time, if it ever does.

So for Tinkerbell, if the dinar opened or returned to a value of .33, your 4 Million Iraqi dinar would be worth $1,320,000 U.S. dollars, NOT 12 MIllion US dollars.

Tinkerbell, you and your son were both kinda right, just take the number of dinars you have, and divide by 3, OR you can multiply the number by .33, you get the same result.

While deleting spam comments, I inadvertently deleted an unobjectionable comment on this post. My apologies.

good afternoon all
thank u very much for all the input, boy what
a bunch of nice guys. never expected such
a large response.

any comments on " Dinar Merchants.com "
nice website, but dosen't mean a fart in hell
if they are not legit....

thanks again
tinkerbell

I wonder if this guy slipped...
Iraq to auction $10 million of treasury bills
7/9/2004 7:20:00 AM GMT

In a bid to establish a bond market and kickstart Iraq’s local capital markets, Iraq's Finance Ministry intends to auction 150 billion dinars ($10 million) of treasury bills on July 18.

"It's a way to recover the economy," Adel Mahdi, Iraq's finance minister, said.

The T-bill issue will be used to repay outstanding debt issued by the ousted Baath regime. It also aims at bringing funds back into Iraq's banking sector, much of which would otherwise face bankruptcy.

The minister said he predicted that the T-Bills, which will have a 91-day maturity, will yield between 5 and 8 per cent annual interest.

Iraq's domestic debt is less than 1 per cent of an external debt the finance minister valued at between 120 billion-130 billion dinars, prior to any debt-forgiveness.

Notice it says 120 to 130 bil Dinars! Not Dollars!!!

Heres the link see for your self...
http://66.218.71.225/search/cache?p=Iraq+Treasury+Bills&ei=UTF-8&n=20&fl=0&SpellState=n-585927043_q-owNYvys0ONE.RnLn86yMCAABAA%40%40&u=www.aljazeera.com/cgi-bin/news_service/middle_east_full_story.asp%3Fservice_id%3D2668&w=iraq+treasury+bills&d=940A09DF7C&icp=1&.intl=us

Ok check this out...

entral Bank's assets grow 9.5pc
BY A STAFF REPORTER

1 September 2004

ABU DHABI - The UAE Central Bank has reported a 9.5 per cent increase in its assets during the first half of this year to Dh59.6 billion from Dh54.5 billion at the close last year.
During the first six months of this year banks' cash and savings with the Central Bank increased from Dh421.1 million to Dh9.4 billion at the end of June. The bonds assets of the bank increased from Dh11.2 billion to Dh14.8 billion.
Loans increased from Dh50 million to Dh500 million. Fixed Assets increased from Dh38.9 million to Dh81.5 million.

That means UAE Central bank Reserves are at about
$16 billion... with me so far? Ok now check this out...

Date: Jul 19, 2004 - 03:00 PM
Healthy demand as fledgling government, battling a bad history, launches first debt issue.

BAGHDAD (Reuters) - Iraq issued its first post-war debt on Sunday as it tries to shed a legacy of disastrous economic management and regain credibility in financial markets after decades of war and sanctions.

The government raised 150 billion dinars ($104 million) in three-month treasury bills carrying an interest rate of around 5.5 percent through an auction organized by the central bank.

"Demand was healthy," the bank's Chief Economist Mudher Kasim told Reuters.

"This was an attempt to explore the market," he said. "The plan is to issue six-month and one-year maturities too." He added that a stable dinar and growing foreign reserves had encouraged buying.

Iraq's foreign currency reserves stood at more than $2.4 billion last month.

Most of the new treasury bills were bought by local banks. Foreign banks were theoretically allowed to buy, but settlement and taxation mechanisms were not ready for such a move, Kasim said.

"We are aware there is international interest. It will take time before foreign buying is possible."

"Iraq's foreign currency reserves stood at more than $2.4 billion last month."
2.4 billion is not far from 16 billion considering that Iraq hasnt opened up to the world yet. Now $1 U.S. buys 3.6410 Dirhams on NBK site... So I would think that If Iraq reaches $16 billion in cash reserves that would be an indicator that the Iraqi Dinar would go atleast for 3 to the dollar...

Any input out there?

http://www.ameinfo.com/news/Detailed/44423.html

As individuals, I don't think anyone of us can afford to purchase T-Bills.

If anyone has any questions about investing in Iraq T-Bills, I will pose them to the locals (Bahrain).

After reading the link above, I have not found said Arabic Bank or Institution. I did a directory search and thus far have come up with nothing.

I am not a sales man. I am offering this...Take it for what you will...

I will do my best to obtain the answers to any questions you have regarding T-Bills.

Don't expect an answer tomorrow. I will try my best...

How about a COOP?

Hello everyone, I'm new to this post. I just found it today. There is some good information here about the dinar. I was wondering, do you all think we will be able to exchange the high notes such as 25000 and so on before it is pulled from the market? I believe that these notes will be pulled because at $.33 one note will be worth $8250.00 US. Do you think it is smarter to invest in smaller notes that might not be pulled? I am looking to get a Iraq bank account soon, but what about the Dinar that I have on hand now? Any advise please! Thanks

Good Article/s Jerry!

I was just recently calling around to see what financial institutions are planning to trade/exchange the NID once it's available for open and full trade on the world markets, so that I'll know where to cash them in; and sadly, every one of them that I spoke to (five in all) couldn't have been more skeptical/negative.

So much so, that one of them offered to send me a couple of links to "good speculative research information" on the subject of the future value of the NID.

I offer them for your review here:

1) http://yahoo.usatoday.com/money/world/2004-08-03-dinars_x.htm?csp=1

2) http://www.cato.org/research/articles/hanke-031107.html

3) http://quote.bloomberg.com/apps/news?pid=10000039&refer=columnist_derosa&sid=asFK.vOLlqHc

The first article printed Aug 3rd, I personally clipped when it was published by USA Today and I carry it in my wallet for reference when I'm discussing the NID. It was the article that sparked my interest in the NID in the first place. (Thank you USA Today!!!)

The second link, an article printed Nov 7, 2003 (much outdated), goes into a lot of technical detail (over my head), and sounds pretty "matter of fact", but I'm savvy enough to get the bottom line. And still, with all of the gentleman's credentials behind him, it's not enough to shake my faith in the positive future of the NID. For every negative view point on the NID out there, there's at least one other - if not more -positive one. Good insight none-the-less.

And the third article, published Feb 27, 2004 (outdated too