For those of you interested in investing in Iraqi Dinar...
 

Don't be fooled by sellers trying to make hundreds of dollars off of you for a single sale. This is a currency, there is an exchange rate just like any other currency.

When the revalue happens don't be left behind - you don't want to hear the Slutboat I told you so right?

Potential profits could be 100x - 1000x or more.

Some sellers are jacking people so beware - would you pay $1,560 for 1 Million Dinar from Dinarbay? And buy it through ebay? huh?

No - the real price and the safe and correct way is to buy it from Ali and Dinar Trade (the most reliable Dinar seller) for $1,260

http://www.dinartrade.com/order.php

Or try www.DinarBay.com They use ebay auctions to sell there dinars so your purchase is secure :thumbsup

see sig---v

wait til all you guys find out that the new iraqi money will only allow you to trade old dinar at original value...





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Do you have any reason to think this could happen?

Or just talkin your usual shit...

:1orglaugh:1orglaugh

Both dinartrade and dinarbay and many more are way overcharging ...

You may also wish to consider some of the following info... (IQD = Iraqi Diner)


Iraqi Ministry of Finance –“ Iraqi Customs does not permit the entry of IQD currency and will confiscate funds, and that FedEx is not permitted to handle and deliver IQD currency in or out of Iraq”.

U.S. Servicemen, and contractors in Iraqi purchased paper Dinar in anticipation of what appears to be an impending revaluation, they may have overlooked the fact that Iraq currency is a national currency only to be used and handled within the Republic of Iraq and not to be used, circulated, or handled internationally in any way.

and this from a serviceman there...* (Its long but worth the read for any investor )


Wed Dec 29, 2010

" I am currently located inside of the Green Zone in Iraq and no one carries the actual currency on them. Most of us have transfer accounts because of the conditions and lawful restrictions that come with this currency. It states that the currency cannot be handled outside of Iraqi borders. Understandable, if you note that the currency is presently deemed non-legal tender at this point. Which coinsides with these statements. It, at this point, is not tradeable currency in the world which makes it useless and unlawful to possess, move, or handle outside of their country at this present time. For example, such a law might outlaw the use of foreign coins and bank notes, or require a license to perform financial transactions in a foreign currency. In this case, it means Iraq. I believe, when the currency is formally introduced into the world market, anyone with the actual paper currency in their possession will have to provide documents showing the purchase of that currency AFTER officially being accepted into the world market. Without these documents, the Iraqi Dinar can very well be confiscated from the possessor at that very moment. That's my take on the situation because it happened in Kuwait years ago, and I don't think Iraq is gonna fall for the same mistake that their counterparts fell for without having some stipulations. "


Seems a very very risky investment in my view ?

thanks for the tips. are any of you actually doing it?

does achmed approve of this

you guys are just trolling, right? :1orglaugh

I dont think anyone will ever utter the words"slutboat told You so").

OH Yes PG... Oh yes

Your view is based on what? That info?
If thats the case I suggest you do a little more research. You think that what is happening inside Iraq has ANY bearing on those of us in the US holding the currency then you are very wrong. I believe you may have just stated the official story being fed to the soldiers about what is happening with this currency by the Iraqi/US Gov but I do know that MUCH of that is bullshit.

DinarTrade is not overcharging - have you looked at the exchange rate? What are you talking about?

Woj - I know about your programming skills - you seem to be a smart guy... Do you really think this is trolling?

I bought 250k from dinartrade.. no problems.. 10 crisp clean 25k bills with cert.

Now I need Slutboat to make it go up X 500

You should know that, although I am optimistic, I think there is a very real possibility that they could put conditions on this RV to fuck us. So I take all the news about the Dinar with a major grain of salt. But you definitely bought from the right place.

Barsky you are a 28 year old Galveston TX low life, go troll in in your sandbox, investments are for grown ups.

It's too bad a piece of shit like you is getting information like this, you sure don't deserve it...however I'm sure you are too stupid and broke to do anything about it anyway.

if common sense = my usual shit..

then yes, i am talking my usual shit..

i have seen this with other currencies and i have reason to believe otherwise..

at least you will have lots of paper to wipe your ass with... :thumbsup





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That's not my name, age, or even place of residence. Good lord you're dumb.:1orglaugh

you're one of the smart evil funny guys that knows it all - you ever ask yourself: What if I'm wrong?

if i based my investment strategy on "what if i'm wrong"

i would be broke like most of the people here...

i would rather base my strategy on "whats the upside of being right vs, the downside of being wrong"... :2 cents:





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wow - really???

this response must mean you haven't looked into this investment to even the slightest degree. There is pretty much zero possibility of losing money. The currency can always be cashed in to get your money back. So there is basically no downside other than the waiting around for it to move.

and the upside if the revaluation happens (no matter how unlikely a possibility some may claim it is)... well the upside.... oh baby...

I think slutboat never ceases to amaze. How is someone who couldn't get past the 5th grade going to give out investment tips? Rofl

one of my best friends worked for blackwater and was assigned to diplomat protection and he told me that the dinar was a bad investment...

take that for what its worth and if the downside for you is just getting your money back then i would say have at it..

for me, that type of risk/return isnt worth tying up the capital...

too many other good investments out there with a much grater chance of return...



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Newsflash - 22 years ago, when you were 6 years old, I passed my Series 7 Stockbroker Exam. A test known to be much harder than the Bar Exam.

Please call me a liar and put some money where your mouth is I would be thrilled to provide proof and take what ever pittance you can come up with from your pathetic Adult Friend Finder spam scam.

And I'm not giving anyone tips - none of know for certain when or IF the Dinar will revaluate.. could be on the 1st of Feb (many are saying) or it could be years from now. One thing is a near certainty and that is that the Dinar can't go down in value.

There's virtually zero liquidity in the dinar at present time. Most major brokers will sell it, but not buy it. Now, buying it n quantity from a broker at a decent exchange rate then marking it way up on eBay? That DOES seem to work at present time.

If you look at the history of fractional-cent currencies (relative to the USD), you'll find that many found a way to devalue further, despite what they were trading at when they were a "value buy" ....

So not only do you not have any of my info, but you expect us to believe a moron who couldn't get past the 5th grade passed a series 7 exam? I mean couldn't you go with a more straightforward lie? Why don't you just tell us you went to Harvard Law? You're too dumb to do anything but peddle nude galleries.:)

Anyone who buys the Dinar on ebay is a fool - there is way too much fake Dinar. Incredibly convincing fake Dinar that can fool some experts.

And there is very little historical precedent when talking about what MAY happen with the Iraqi Dinar. There are factors at play here that make any reference to the past a fools errand.

We illegally and immorally invaded a sovereign nation and destroyed their infrastructure while their currency was at $3.22 USD - then their military burned their oil wells and insurgents caused mayhem for many years which cause their currency to drop to near zero and remain locked away from trade on Forex and the rest of the world. (had it stayed on Forex it would likely be at least $3 now) Remember Iraq is the worlds second richest country in terms of natural resources....

We occupied the country and the IMF collaborated with us to keep the Iraqi Dinar offline. But now thats all over - they are taking over their country again and the Dinar will be re-instated. There is no reason why it wouldn't go back to 3.22 or higher based on their GDP and the price of oil.

Anyway I'm done with this thread and I didn't start this thread to convince anyone or tip anyone off - just to let you know that DinarTrade.com is the place to buy real Dinar if you choose to buy. There are very few reputable ways to buy it and DT is the best by far.

Good Luck :thumbsup

I was talking about SELLING it on eBay, not buying it ... Meaning there's currently almost zero liquidity in it, and arbitrage through eBay is one of the only viable ways of unloading it.

If you bought it in 2004, you would have lost money because the currency didn't even keep pace with inflation.

There are currency parallels with a number of similar situations, with delisted national currencies in countries with unstable governments and vast natural resources.

Bump this thread when you're a millionaire from Iraqi dinar, and drinks will be on me. I have a shelf in my safe full of it from 2007, so we'll drink from the top shelf.

Youre misinformed about selling it. Ebay? HUH?

I'm not trying to embarrass you but do a little research before posting next time:
http://www.dinartrade.com/selldinar.php

Lost money if you bought it in 2004? Dude what are you talking about... yea if you sold in now before the RV...

You have a safe full of it? Send me an email if you want to sell.

Go Dinar :thumbsup

disclose your connection to the dinartrade.com and their related properties.

I don't have a "safe full of it," I have a shelf in my safe with it in smaller denominations. I haven't been able to find a treasury-licensed broker who exchanges the dinar BACK into USD, so don't worry about me being embarrassed -- I'm not. :winkwink:

And the way you'd have lost money is because the currency hasn't always kept pace with inflation. The series 7 must be WAY different now than 22 years ago, because this is very basic.

Sure, I'd be happy to sell you some of what I have. Do you have an escrow agent you feel comfortable with? Drop me a line with their info.