Comments on: Exporting Iraqi Dinar

By: Ravi mangalarapu

Ravi mangalarapu — Fri, 17 Sep 2010 15:00:51 +0000

I want to know the ipo information of Iraq listed companies from 2000- 2010

By: DAVID THIBODEUX

DAVID THIBODEUX — Fri, 19 Feb 2010 01:40:08 +0000

dang i read both sides and it is hard to know the truth,this question to the guy who coould have bought kuwaiti dinar and missed out, i never knew it was available to buy , and was it available on world market?
and if it was dang i am sorry for you!
but i heard that it never was on world market for sale, what is the truth?
i wish i had bought some.
well i have 12 mil dinar and i am a little worried i want it to be worth at least .25
250,000 per mil.
so i look at it like this there are only 28 mil people in iraq we have 355 mil in us,
right now they are pumping 2.6 mil barrels per day lets just say that at 60.p barrl
i used 3 mil because numbers are so big it is a little confusing so at 3 mil brl p day times 60 180,000,000 per day times 7 equals 1 billion 26 million per wk so basically 54 billion per yr and their new aim is to realistically produce 8 mil per day like saudi arabia so they can achieve over twice these numbers wow this has to make their countrys money increase in value they have good gdp low inflation and are sitting on trillions of dollare worth of oil that will be achieved in 6 yrs and specutlators are what drive prices of a currency and now that it will hopefully be on world market soon speculators will have to know that this currency is worth what its lowest priced neighbors like saudi arabia currency is worth at .27 and they are a terror sponsored state and that is the difference , kuwart united arab emerites and quatar are all allies with us and dont sponsor terror and this is what also makes a country worth a lot more, not just oil , again look at saudi arabia and iran .27 . soo after telling my financial advisors that i was wanting more return than what they had to offer in 2004 i told them about my dinar investmen and 1 yr later she called me to tell me that warren buffet just said that he thouht it was a good investmeent and now they are telling all their clients about it and she was so shocked that i was on to this before the worlds most succesful invester, sooo there will always be naysayers like the kuwait dinar , and i personally called the united states secretary of affairs for the iraq treasury ,and he kept asking who i was with? i didnt know what he was talking about so i realized i was supposed to lie and say the ney york times are somethin and i just said i am just a small contractor who bought some iraq dinar and i would like to know if this is a good investmemt and he paused long and said i cant tell you one way or the other because it would be a conflict of interest all i can tell you is that in the 80′s their currency was 3 times more than ours and they had a very rich country and said some other positive things and it was obvious in his tone of voice that he thought it is a great investment and i thought he was trying hard not to tell me that it was a great investment, and he was so curious as to how i got them and even knew about them as if this is only for the special people n the know , well a lot of great things have happened since then and yes article 1330 i think gives us citizens the right to invest in iraq i believe it specifically mentions currency i will look it up again so we will find out soon!!!! what will happen if they split oil royalties up and aggree to this and dont have civil war i feel confident that dinar will be on world market end of this yr and will start off at aound 10 cent s and quickly rise being sold a few hundred times and will hit as high as .80 cents as it seems to be worth that on streets now with them removing 3 zeros subtract 3 zeros from 1000 you got 1 1 dollar equalls 1160 dinars so it is worth rite now in iraq .86 so when on world market maybe we will get rich after all maybe i am wrong but i think i am rite so i was rite before warren buffet and i think i am rite again with simple math applied thier country can easily pay for our dinars with the at 54 billion per yr
maybe we will just get lucky and get rich i invested everything i hopte sooooo

By: FossilFuelsoutin2100

FossilFuelsoutin2100 — Sat, 25 Jul 2009 04:08:19 +0000

with the USA’s extraterritorial application of law, and considering that our federal law provides for the investment in Iraq, it is hard to think that the hard currency would be deemed worthless. Besides, suppose Iraq decided to not accept the currency that had been exported, how would they figure out which currency had and which had not? Border patroL? I wonder if there is a low against importing the currency. There are intelligent aspects regarding the naysayers argument – I was a naysayer for a while on this, but I don’t think they will have much motive to demonetize the currency considering it has yet to have really spiked in value (so it has little room to fall from what it was worth when they monetized it a few years back in the first place). Also, inflation is the other smart argument – which would kill value of most all hard currencies, but because ordinary people don’t control how much more money Iraq will print when the world’s allegedly largest underground petroleum resource begins receiving those high bids on oil fields, I think their government will choose to allow a deflationary setting to pull up the value of this currency. No wonder they don’t want them exported. I’m buying.

By: karobi

karobi — Sat, 04 Jul 2009 19:56:57 +0000

Here in Malaysia people buying new dinar Iraq at open market but not trough bank. No bant or exchange centre selling this dinar .Whats your comments?

By: Carlos

Carlos — Wed, 04 Mar 2009 11:47:45 +0000

I work in Kuwait as a contractor. I purchased the dinar thru a exchange facility here in Kuwait and i made sure they supplied me with a reciept. How safe is that?

By: Ron

Ron — Wed, 28 Jan 2009 00:26:34 +0000

I have a feeling that the rv in iraq will happen, I just wish i knew when.

By: ed

ed — Fri, 01 Aug 2008 19:14:05 +0000

i have bought dinar at a bank in fl and in utah so you can get at a bank in the usa

By: dinarholder

dinarholder — Wed, 13 Feb 2008 21:30:41 +0000

I listened to the naysayers,. I repeat, I listened to the naysayers telling me to not buy Kuwaiti dinar before that country’s currency revaluation, and I missed out on making several million dollars when I had a chance. This time that won’t happen.

Chase Bank is selling dinar or you can buy from dinartrade.com online, a trusted source. It is legal to buy and sell them. With all the good news coming out of Iraq, their 2008 budget passed, the Iraqi Stock Market (ISX) is going electronic in March, not to mention Iraq’s tremendous assets, i.e., oil, gold, etc. We investors see it coming…

By: Denar

Denar — Thu, 11 Jan 2007 01:01:26 +0000

If you did your research, you would find that these banks are NOT selling or buying Iraqi Dinar!

This is just another way for people exporting the Iraqi Dinar to get people excited and make them feel at ease buying.

“If the banks are exporting the Iraqi Dinar, then it must be a great investment, so it only makes sense for me to buy dinar now!”

That’s the type of thinking dealers like to see and hope to gain from this. Just to make sure, I called a couple of banks today and asked if they were exporting the dinar or buying and selling it, the response was a very firm “NO!”

No one wants to feel they are the only ones being ripped off, but if everyone is making the same mistake and getting ripped off, then they feel better. Iraqi Dinar scammers know this and release such announcements just for this reason.

Buying dinar the wrong way is the same as being scammed. Know how to buy dinar and know what is at risk before you buy exported iraqi dinar!

By: William Hopper

William Hopper — Wed, 10 Jan 2007 06:29:55 +0000

Chase Bank and Bank of America sell and buy dinars. So you are saying they are doing so illegally to dupe naive buyers?