Comments on: Iraqi Dinars - Is this just hype? http://hyipblog.nobshyip.net/2007/02/13/iraqi-dinars-is-this-just-hype/ the latest HYIP community updates, from readers, to readers Mon, 22 Mar 2010 12:47:37 +0000 http://wordpress.org/?v=2.2.1 By: reality http://hyipblog.nobshyip.net/2007/02/13/iraqi-dinars-is-this-just-hype/#comment-291368 reality Tue, 26 May 2009 03:07:09 +0000 http://hyipblog.nobshyip.net/2007/02/13/iraqi-dinars-is-this-just-hype/#comment-291368 They are not going to increase, they are only going to decease. I travel to Iraq often, I used to be able to get Dinars at my bank. Now I have exchance once I am in Iraq. Thats the only way now, thanks to dumbass like you guys. Iraq is a crappy country, just like your crappy idea of getting rich. DO NOT BUY MONEY OFF THE INTERNET !!!!! DO YOU HAVE BRAIN DAMAGE!!! I go there for work, and cause of people like it is now a hassel to get dinars. I get ripped off using our money, so thanks and come back to reality. They are not going to increase, they are only going to decease. I travel to Iraq often, I used to be able to get Dinars at my bank. Now I have exchance once I am in Iraq. Thats the only way now, thanks to dumbass like you guys. Iraq is a crappy country, just like your crappy idea of getting rich. DO NOT BUY MONEY OFF THE INTERNET !!!!! DO YOU HAVE BRAIN DAMAGE!!! I go there for work, and cause of people like it is now a hassel to get dinars. I get ripped off using our money, so thanks and come back to reality.

]]> By: young boi http://hyipblog.nobshyip.net/2007/02/13/iraqi-dinars-is-this-just-hype/#comment-276411 young boi Thu, 26 Mar 2009 08:19:59 +0000 http://hyipblog.nobshyip.net/2007/02/13/iraqi-dinars-is-this-just-hype/#comment-276411 I bought some iraqi dinars in 2005 and have not seen an increase yet. Does anybody know when there will be an increase? I bought some iraqi dinars in 2005 and have not seen an increase yet. Does anybody know when there will be an increase?

]]> By: Tetrach http://hyipblog.nobshyip.net/2007/02/13/iraqi-dinars-is-this-just-hype/#comment-269617 Tetrach Sun, 01 Mar 2009 01:25:39 +0000 http://hyipblog.nobshyip.net/2007/02/13/iraqi-dinars-is-this-just-hype/#comment-269617 Iraq has chosen to buy back IQD from the open market beginning 7/2008 at a rate of $1.5B USD/month until they reduce the IQD to their desired level. They will probably slowly print the 10,5, &1 new Dinar at the rebase value. There will be no LOP as the Dinar is under a tight monetary policy and not tied to the GNP or GDP. Present value of the Dinar is way undervalued as it is being controlled along with the buy back to maintain consumer pricing. A talk of LOP is to discourage anymore speculative buying to reduce the CBIs obligations outside of their borders. When the 10, 5, & 1s are printed the IQD will most certainly be on the WTO. Iraq has chosen to buy back IQD from the open market beginning 7/2008 at a rate of $1.5B USD/month until they reduce the IQD to their desired level. They will probably slowly print the 10,5, &1 new Dinar at the rebase value. There will be no LOP as the Dinar is under a tight monetary policy and not tied to the GNP or GDP. Present value of the Dinar is way undervalued as it is being controlled along with the buy back to maintain consumer pricing.

A talk of LOP is to discourage anymore speculative buying to reduce the CBIs obligations outside of their borders. When the 10, 5, & 1s are printed the IQD will most certainly be on the WTO.

]]> By: Gary http://hyipblog.nobshyip.net/2007/02/13/iraqi-dinars-is-this-just-hype/#comment-268139 Gary Mon, 23 Feb 2009 03:55:06 +0000 http://hyipblog.nobshyip.net/2007/02/13/iraqi-dinars-is-this-just-hype/#comment-268139 I purchased IQD 250K about 3 years ago and have been patiently waiting for this "revalue" to occur. Is there anymore news about it? If the revaluing does occur, won't they just create new currency, making what we have worthless? I purchased IQD 250K about 3 years ago and have been patiently waiting for this “revalue” to occur. Is there anymore news about it? If the revaluing does occur, won’t they just create new currency, making what we have worthless?

]]> By: 4X http://hyipblog.nobshyip.net/2007/02/13/iraqi-dinars-is-this-just-hype/#comment-216603 4X Mon, 10 Nov 2008 10:58:16 +0000 http://hyipblog.nobshyip.net/2007/02/13/iraqi-dinars-is-this-just-hype/#comment-216603 November 10.2008. 10:54:09 Iraq Ctrl Bank: Still Studying Rebasing Of Iraqi Dinar AMMAN (Dow Jones)--Rebasing the Iraqi dinar is still under serious study and is being undertaken in a bid to improve the Iraqi national currency, the Central Bank of Iraq said in a statement. "The Central Bank of Iraq announces that omitting three zeroes off the current Iraqi banknotes is a project still under serious study," the statement, emailed to Dow Jones Newswires late Sunday, said. The central bank, however, didn't say when it would take steps to rebase the currency. "The idea of rebasing the dinar is one of the bank's future plans, which aims at improving and strengthening the national currency in line with the current economic development in the country," the statement said. Monday, the Iraqi dinar traded at IQD1,200 against the U.S. dollar, according to a trader in Baghdad. If three zeroes are knocked off the Iraqi dinar, a dollar will equal 1.20 dinars. Earlier in August, Central Bank Senior Advisor Mudher Kasim said the bank had taken steps to rebase the dinar and that a decision would be issued in due course. However, he didn't give a timeframe. But he said it would take at least two years to print new banknotes and replace the old ones. Also Finance Minister Bayan Jabor previously said his ministry had suggested to the central bank to knock off three zeroes from the current Iraqi dinars banknotes. Currency rebasings are usually monetarily neutral and are introduced to make commercial calculations and cash dealing easier and cheaper. Turkey knocked six zeroes off its lira currency Jan. 1, 2005, for example. Russia did the same for its currency. There are now more than 20 trillion Iraqi dinar banknotes in use in the market, which is a huge amount and if Iraq knocked off three zeroes from the notes that figure would become IQD20 billion in circulation, which is a reasonable amount, central bank officials said. -By Hassan Hafidh; Dow Jones Newswires; 962 799 831 831; hassan.hafidh@dowjones*com November 10.2008. 10:54:09

Iraq Ctrl Bank: Still Studying Rebasing Of Iraqi Dinar

AMMAN (Dow Jones)–Rebasing the Iraqi dinar is still under serious study and is being undertaken in a bid to improve the Iraqi national currency, the Central Bank of Iraq said in a statement.

“The Central Bank of Iraq announces that omitting three zeroes off the current Iraqi banknotes is a project still under serious study,” the statement, emailed to Dow Jones Newswires late Sunday, said.

The central bank, however, didn’t say when it would take steps to rebase the currency.

“The idea of rebasing the dinar is one of the bank’s future plans, which aims at improving and strengthening the national currency in line with the current economic development in the country,” the statement said.

Monday, the Iraqi dinar traded at IQD1,200 against the U.S. dollar, according to a trader in Baghdad. If three zeroes are knocked off the Iraqi dinar, a dollar will equal 1.20 dinars.

Earlier in August, Central Bank Senior Advisor Mudher Kasim said the bank had taken steps to rebase the dinar and that a decision would be issued in due course. However, he didn’t give a timeframe. But he said it would take at least two years to print new banknotes and replace the old ones.

Also Finance Minister Bayan Jabor previously said his ministry had suggested to the central bank to knock off three zeroes from the current Iraqi dinars banknotes.

Currency rebasings are usually monetarily neutral and are introduced to make commercial calculations and cash dealing easier and cheaper. Turkey knocked six zeroes off its lira currency Jan. 1, 2005, for example. Russia did the same for its currency.

There are now more than 20 trillion Iraqi dinar banknotes in use in the market, which is a huge amount and if Iraq knocked off three zeroes from the notes that figure would become IQD20 billion in circulation, which is a reasonable amount, central bank officials said.

-By Hassan Hafidh; Dow Jones Newswires; 962 799 831 831; hassan.hafidh@dowjones*com

]]> By: Beeman744 http://hyipblog.nobshyip.net/2007/02/13/iraqi-dinars-is-this-just-hype/#comment-199785 Beeman744 Thu, 18 Sep 2008 15:57:05 +0000 http://hyipblog.nobshyip.net/2007/02/13/iraqi-dinars-is-this-just-hype/#comment-199785 I made my first purchase in May 2007 from Safedinar.com. Great compamy to work with, next day Fed-ex delivery. A friend of a friend of mine is in contact with someone that works security in the green zone, takes dignitarys to and from meetings and such. This person was with Pres. and Vic Pres of Iraqi, VP Chaney and John McCain this summer and the value of the dinar came up. This was from Pres. of Iraqi that the value will be somewhere between 3-5 USD per dinar. I feel that it will happen before the general election in Nov. as a Republican boost for the whitehouse, also George Bush doesn't want to leave office with the lowest approval rating of any Pres. Something very good must happen to change that. Why would George Bush have a law passed to make it legal to purchase Iraqi dinar if he didn't have a plan to use it at just the right time???? Also some food for thought, when Saddam was in power the Iraqi dinar cost $3.20 USD. and now that there is a demacratic goverment in power, fought for and helped to establish buy US dollars, my bet is that it will come in at a higher rate than it was under Saddam. Just as proof to the world that living under a demacraticlly controlled government is a lot better that a dictatership. All we can do now is wait and see. I made my first purchase in May 2007 from Safedinar.com. Great compamy to work with, next day Fed-ex delivery. A friend of a friend of mine is in contact with someone that works security in the green zone, takes dignitarys to and from meetings and such. This person was with Pres. and Vic Pres of Iraqi, VP Chaney and John McCain this summer and the value of the dinar came up. This was from Pres. of Iraqi that the value will be somewhere between 3-5 USD per dinar.
I feel that it will happen before the general election in Nov. as a Republican boost for the whitehouse, also George Bush doesn’t want to leave office with the lowest approval rating of any Pres. Something very good must happen to change that.
Why would George Bush have a law passed to make it legal to purchase Iraqi dinar if he didn’t have a plan to use it at just the right time???? Also some food for thought, when Saddam was in power the Iraqi dinar cost $3.20 USD. and now that there is a demacratic goverment in power, fought for and helped to establish buy US dollars, my bet is that it will come in at a higher rate than it was under Saddam. Just as proof to the world that living under a demacraticlly controlled government is a lot better that a dictatership. All we can do now is wait and see.

]]> By: justme http://hyipblog.nobshyip.net/2007/02/13/iraqi-dinars-is-this-just-hype/#comment-195944 justme Sat, 06 Sep 2008 02:47:09 +0000 http://hyipblog.nobshyip.net/2007/02/13/iraqi-dinars-is-this-just-hype/#comment-195944 Not much news about the Dinar it appears. If you look up the term 'revalue currency' you will see that Iraq really fits the bill for a RV. Their economy is booming thanks to oil and their inflation is at 16%. Supposedly our Treasury Dept sent a report to Congress suggesting that we allow a few of the oil producing countries to revalue their currencies or their economies will go from boom to bust. Some believe this will happen by the end of '08. Iraq was not mentioned but it obviously wouldn't hurt them to revalue as well. It was suggested by one person that they might RV before the general election as a little reward to George Bush and the Republicans. I have no idea if this is true. I like most of you, have picked up a couple hundred dollars worth and I'll sit on it knowing that the upside way out measures the downside here (risk/reward). Good luck to us all Not much news about the Dinar it appears. If you look up the term ‘revalue currency’ you will see that Iraq really fits the bill for a RV. Their economy is booming thanks to oil and their inflation is at 16%.

Supposedly our Treasury Dept sent a report to Congress suggesting that we allow a few of the oil producing countries to revalue their currencies or their economies will go from boom to bust.

Some believe this will happen by the end of ‘08. Iraq was not mentioned but it obviously wouldn’t hurt them to revalue as well.

It was suggested by one person that they might RV before the general election as a little reward to George Bush and the Republicans. I have no idea if this is true.

I like most of you, have picked up a couple hundred dollars worth and I’ll sit on it knowing that the upside way out measures the downside here (risk/reward).

Good luck to us all

]]> By: Alison http://hyipblog.nobshyip.net/2007/02/13/iraqi-dinars-is-this-just-hype/#comment-189336 Alison Mon, 18 Aug 2008 23:36:26 +0000 http://hyipblog.nobshyip.net/2007/02/13/iraqi-dinars-is-this-just-hype/#comment-189336 Go to dinartrade.com I purchased over 5 million dinar from them. It is a great company. Go to dinartrade.com

I purchased over 5 million dinar from them. It is a great company.

]]> By: masturbation http://hyipblog.nobshyip.net/2007/02/13/iraqi-dinars-is-this-just-hype/#comment-124544 masturbation Mon, 03 Mar 2008 11:42:00 +0000 http://hyipblog.nobshyip.net/2007/02/13/iraqi-dinars-is-this-just-hype/#comment-124544 hello, can anybody told me where can i buy cheap and genuine new iraqi dinars. tq hello,

can anybody told me where can i buy cheap and genuine new iraqi dinars.

tq

]]> By: masturbation http://hyipblog.nobshyip.net/2007/02/13/iraqi-dinars-is-this-just-hype/#comment-124539 masturbation Mon, 03 Mar 2008 11:27:39 +0000 http://hyipblog.nobshyip.net/2007/02/13/iraqi-dinars-is-this-just-hype/#comment-124539 hi, i am from uk. where can i buy cheap and genuine new iraqi dinars. tq hi,

i am from uk. where can i buy cheap and genuine new iraqi dinars.

tq

]]> By: Sonny USA http://hyipblog.nobshyip.net/2007/02/13/iraqi-dinars-is-this-just-hype/#comment-78334 Sonny USA Tue, 21 Aug 2007 18:01:07 +0000 http://hyipblog.nobshyip.net/2007/02/13/iraqi-dinars-is-this-just-hype/#comment-78334 I have found one U.S. bank that has started to deal in the dinar. You have to have an acct with that bank before they will sell to you. Frost bank deals in the dinars. if you looking for a good website to buy from DinarTrade.com is a good site to go with. I have found one U.S. bank that has started to deal in the dinar. You have to have an acct with that bank before they will sell to you. Frost bank deals in the dinars. if you looking for a good website to buy from DinarTrade.com is a good site to go with.

]]> By: sharonsopinion http://hyipblog.nobshyip.net/2007/02/13/iraqi-dinars-is-this-just-hype/#comment-52945 sharonsopinion Sun, 29 Apr 2007 06:06:27 +0000 http://hyipblog.nobshyip.net/2007/02/13/iraqi-dinars-is-this-just-hype/#comment-52945 If you are thinking about buying Iraqu Dinar, then I recommend that you read http://www.iraqidinar.org/ before spending a penny. JMO, Sharon If you are thinking about buying Iraqu Dinar, then I recommend that you read http://www.iraqidinar.org/ before spending a penny.

JMO,
Sharon

]]> By: Dan USA http://hyipblog.nobshyip.net/2007/02/13/iraqi-dinars-is-this-just-hype/#comment-52935 Dan USA Sun, 29 Apr 2007 05:26:41 +0000 http://hyipblog.nobshyip.net/2007/02/13/iraqi-dinars-is-this-just-hype/#comment-52935 Hi I have over 3 mil dinar that I have had for over a year now& it has been going to RV every weekend since last labor day so I'm a little down with the Hype & eveytime they have a very good reason for it to happen in fact I can't figure out how the place with the most oil& nat. gas is so poor. I bought almost all of it off E-Bay & actually did pretty well . I just put it in my safe deposit box today thinking its going to be awhile. I heard alot of Hype on the dong recently & heard its hard to get right now is that true. Hi I have over 3 mil dinar that I have had for over a year now& it has been going to RV every weekend since last labor day so I’m a little down with the Hype & eveytime they have a very good reason for it to happen in fact I can’t figure out how the place with the most oil& nat. gas is so poor. I bought almost all of it off E-Bay & actually did pretty well . I just put it in my safe deposit box today thinking its going to be awhile. I heard alot of Hype on the dong recently & heard its hard to get right now is that true.

]]> By: MrsCK http://hyipblog.nobshyip.net/2007/02/13/iraqi-dinars-is-this-just-hype/#comment-52045 MrsCK Tue, 24 Apr 2007 11:36:02 +0000 http://hyipblog.nobshyip.net/2007/02/13/iraqi-dinars-is-this-just-hype/#comment-52045 Angel This is the only news I have: The formal launch of the ICI is May 3. We think the ICI was signed and is ready to go - may 3 is just a "cake and ice cream party day". Iraq needs to RV before may 3. Today April 24 is the last day of First Quarter. Tomorrow April 25th is the start of their Second quarter - doesn't seem right to start the second quarter with a crappy rate. We have also heard that IMF has told iraq to get all paper work done by april 27th that time is up - NO more delays. The other countries that we think are RVing at the same time is: vietnam they will go first, Kuwait they want 25% increase, UAE, China, and India. Today april 24 vietnam is having a bond auction - we can't see then selling bonds at a crappy rate. IMF does not want double dipping - example Iraq RV's then everybody turns around and purchase Vietnam - so vietnam needs to go before Iraq and that will be a huge clue of when Iraq will RV. But over all - Iraq has between now and may 3 to get it done. Angel

This is the only news I have: The formal launch of the ICI is May 3. We think the ICI was signed and is ready to go - may 3 is just a “cake and ice cream party day”. Iraq needs to RV before may 3.

Today April 24 is the last day of First Quarter. Tomorrow April 25th is the start of their Second quarter - doesn’t seem right to start the second quarter with a crappy rate.

We have also heard that IMF has told iraq to get all paper work done by april 27th that time is up - NO more delays.

The other countries that we think are RVing at the same time is: vietnam they will go first, Kuwait they want 25% increase, UAE, China, and India.

Today april 24 vietnam is having a bond auction - we can’t see then selling bonds at a crappy rate. IMF does not want double dipping - example Iraq RV’s then everybody turns around and purchase Vietnam - so vietnam needs to go before Iraq and that will be a huge clue of when Iraq will RV.

But over all - Iraq has between now and may 3 to get it done.

]]> By: Angel http://hyipblog.nobshyip.net/2007/02/13/iraqi-dinars-is-this-just-hype/#comment-51950 Angel Mon, 23 Apr 2007 19:29:52 +0000 http://hyipblog.nobshyip.net/2007/02/13/iraqi-dinars-is-this-just-hype/#comment-51950 Any new updates on the RV of the dinar??? Any new updates on the RV of the dinar???

]]> By: Jude http://hyipblog.nobshyip.net/2007/02/13/iraqi-dinars-is-this-just-hype/#comment-50654 Jude Mon, 16 Apr 2007 11:30:16 +0000 http://hyipblog.nobshyip.net/2007/02/13/iraqi-dinars-is-this-just-hype/#comment-50654 Thanks for sharing jim :) Thanks for sharing jim :)

]]> By: jim http://hyipblog.nobshyip.net/2007/02/13/iraqi-dinars-is-this-just-hype/#comment-50628 jim Mon, 16 Apr 2007 07:58:29 +0000 http://hyipblog.nobshyip.net/2007/02/13/iraqi-dinars-is-this-just-hype/#comment-50628 Regarding banks---you can buy Dinar through UMB in Kansas City. I've bought a couple mill. All you have to do is open an account. I bought through them so I knew it would be authentic. Good luck--Jim Regarding banks—you can buy Dinar through UMB in Kansas City. I’ve bought a couple mill. All you have to do is open an account. I bought through them so I knew it would be authentic.

Good luck–Jim

]]> By: MrsCK http://hyipblog.nobshyip.net/2007/02/13/iraqi-dinars-is-this-just-hype/#comment-48994 MrsCK Tue, 03 Apr 2007 14:30:23 +0000 http://hyipblog.nobshyip.net/2007/02/13/iraqi-dinars-is-this-just-hype/#comment-48994 This maybe the last update for the dinar. There are 6 countires up for Revalue, Vietnam has the crappist rate so they will be going first before Iraq, yesterday on the Oz forex currency exchanger it was 16,xxx to $1 - today is is 10,000 to $1. So vietnam is set for RV. UAE and Kuwait are up for RV and today they are have a HUGE meeting with cental bank governors (4/3/07) of the middle east countries to talk about UAE AND KUWAIT CURRENCY REVALUE!! I am looking for a Revalue between now and friday. cheers chris This maybe the last update for the dinar. There are 6 countires up for Revalue, Vietnam has the crappist rate so they will be going first before Iraq, yesterday on the Oz forex currency exchanger it was 16,xxx to $1 - today is is 10,000 to $1. So vietnam is set for RV. UAE and Kuwait are up for RV and today they are have a HUGE meeting with cental bank governors (4/3/07) of the middle east countries to talk about UAE AND KUWAIT CURRENCY REVALUE!!

I am looking for a Revalue between now and friday.

cheers
chris

]]> By: MrsCK http://hyipblog.nobshyip.net/2007/02/13/iraqi-dinars-is-this-just-hype/#comment-47943 MrsCK Tue, 27 Mar 2007 21:27:08 +0000 http://hyipblog.nobshyip.net/2007/02/13/iraqi-dinars-is-this-just-hype/#comment-47943 thanks Sharon - but no worries - I have been in the dinar investment over 2 years - so my email address is out there a lot of places on the internet plus I use it for my online company. Many of my contacts are saying the RV should go this week - but we are talking about iraq that lovvvvvves delays. but before the isx goes online. cheers chris thanks Sharon - but no worries - I have been in the dinar investment over 2 years - so my email address is out there a lot of places on the internet plus I use it for my online company.

Many of my contacts are saying the RV should go this week - but we are talking about iraq that lovvvvvves delays.

but before the isx goes online.

cheers
chris

]]> By: Agent725 http://hyipblog.nobshyip.net/2007/02/13/iraqi-dinars-is-this-just-hype/#comment-47603 Agent725 Mon, 26 Mar 2007 16:51:40 +0000 http://hyipblog.nobshyip.net/2007/02/13/iraqi-dinars-is-this-just-hype/#comment-47603 Hi Sharon, I already got MrsCK's address as I was being notified of new posts on this page. :) Thank you for keeping an eye out. Hi Sharon, I already got MrsCK’s address as I was being notified of new posts on this page. :) Thank you for keeping an eye out.

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