Jim Cramer, well known author and host of “Mad Money” on CNBC, talks about Iraq and the Iraqi Dinar in an interview with CNBC’s Erin Burnett. Erin Burnett has been doing a series of articles on Iraq recently, and apparently owns Iraqi Dinar herself, was chatting with Jim Cramer today about the topic.
Babylon Fund, broker Auerbach Grayson and Northern Gulf Partners were all mentioned in the conversation in relation to investing as well. Cramer, to his credit, did not endorse these companies personally, since he obviously has not had time to research them himself.
You know what, though? When the Iraqi Dinar makes it to Mad Money, do you think we’re getting close or what?
Not one negative thing was mentioned in this clip about Iraq, the Iraqi Dinar, or investing in the same.
Video below.
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Thank you for sharing this article. I too believe we are at the brink of our investment. I THINK IT IS A MATTER OF DAYS.
At last – someone with public credentials talking about the Dinar! With all this publicity and everything that’s going on – it’s GOT to be close to that reval – tomorrow would be fine for me…
i think this is soooooo awesome. i believe this is so NOW.
This should get things moveing in Iraq, it has taken some time but I think we are so close to the ISX taking off BIG TIME
I hope you are all sending this video on to everyone you know
Greaat!!
Positive endorsements like this do nothing but gives us Hope for a return in our investment of the Iraq Dinar…. And I’ve got mine ready & waiting!
This news certainly makes my neck hair stand up! Jim has only been wrong once that I know of! This is certainly looking better and better.. I can’t wait to be sipping Mai-Tai’s!!
Seems to me that with all the recent news pumping investment in Iraq by the American propaganda machine, everything must now be in place and an RV can’t be too far off. I mean seriously, Jim Cramer and CNBC pumping investments in Iraq and the Dinar??? It leaves me with a huge smile on my face once I stop laughing my ass off that people actually think this guy as any credibility other than being a self confessed Pump and Dump Naked Short Seller. I’m rubbing my hands together in anticipation.
Trust me when I say that I am right with everyone when it comes to anticipating the dinar RV. However, I did not get the same warm fuzzy from this video as some of you did. Mr. Cramer seemed VERY limited in his knowledge about the currency and especially with how to get his hands on some. I have known about it since day one and I actually have an Iraqi Dinar account with Credit Bank of Bagdhad. My dad always said to listen to people who have experience and knowledge in the particular area your inquiring about. This guy seems to be less knowledgeble than anyone on this site. Just a thought mind you…Let’s hope there is something to this but I wouldn’t bank anything on Mr. Cramer’s word…
Well it good to see the News folks is picking this news up but here something they have NOT told Folks ALL we are waiting for now is an RV number ALL restriction have been lifted Major banks have the rv number Our Treasury will Not relase the number on the RV and off I have read over the last 5yrs it just matter of time have read also Our goverment will take.40 cents off the top and looks like there ganna hit Us captital Gains tax also Just wish News folks would start reporting this More to force the Powers to Be will Let the dinar out of the bag
And being in kuwait it looks good from here folks
sure pleased to listen to positive conversation about the dinars with all the sites i have visited it appears the day of rv or ri is not to far in the future as one site indicated all construction companies are to be pain in dinars at the months end in irac when talk show hosts start talking about it a snowball effect is sure to happen no one wants some one else to hit and they dont kuwaitt is an example
Thank you Adam for this news article. it sure makes things seem more real with the news media talking about the Dinar. Hope this means RV/RI by the end of month. Thanks again for good intel.
Thank You for bringing this and YES its about time the media learns what I’ve KNOWN for 5 Years…
Too all of us …. The Fat Ladys on STAGE…
KTFM
im smiling.. huge smiles… now all that have thought that this investment was worthless are singing a different tune. i feel it will be a matter of days or a few weeks…. im a happy girl…bless you all and be safe
I hate to sound like the bleeding heart liberal that I am ( I am also an ex republican when they use to be fiscal conservatives) and I hope my Dinars that have collected a little dust serve to boost my portfolio, but I hope we don’t forget the human cost of all this bith American and Iraqi. If this does pan out to be a boom I pledge to figure out someway to give back to US soldiers and the Iraqi people. What could we do as a group that would make that statement? Signed also looking to sip a celebration Mai Tai
for those of you not on the mailing list, we’ll be going over a few key notes in chat tonight. Looking forward to seeing you there.
Cannot get into chatroom. I keep getting an error message. Is anyone else experienced that?
I loved the video! That Cramer is supposed to be one of the top money experts in the U.S. and he doesn’t even know where to buy dinars yet the female host of the show knows and has bought some!Awesome!What a jackass!I think an RV is soon but it’s wishing to think $1.00-1.50 dollars- if it’s 10 cents we made 100 times our money! Can’t wait!
Bullett
I agree, if this materializes it really would be exciting to return something to the people of Iraq. I’d suggest that we invest in projects for the poorest. We could look at projects from a the major NGOs. I work for an NGO (ADRA) myself and would love to see a project for the needy in Iraq. I could immagine to kickstart a micro credit scheme, with revolving funds. This would help those without resources to get on their feet again.
Thi awas absolutely wonderful. We know now they must bring the currency back to it’s standards. Nothing can be accomplished without this.. The conference was huge. So bring’em on…
Mike.. if you want to give to the US in Iraq.. Id be pleased as punch for a contribution.. haha address is
CPL BROWN J.
2D MLG FWD G4
Unit 73950
FPO AE 09509
Just a suggestion…
Remember Iraq has the best quality light crude oil in the world. At some point in time, things will get to normal (not in first world manner but in the 3rd world style). The good thing about Iraq is that it has fertile land, lots of oil and tremendously talented people who have proven themselves over centuries with their rich history. Thus, it would be unwise to be pesimmistic about Iraq/Dinar. I don’t know the timing of this relization in the short term. However, in the next 3 to 4 years, yes, people invested in Iraqi Dinar would become $millionairs.
“Good Job” Adam with all you are doing …
Yes, it is a matter of time … It is sooner than you think !!!!
Let’s ‘GET READY’ …
It would be wise for all who have invested in the Dinar to begin to speculate on the taxes that will be imposed on us. It appears that any further delays in the RV should be pointed towards the US deciding on exactly the percentage of tax. I would think that the government will try to get as much out of us as they can. What?
Someone please enlighten us on the current capital gain tax laws and any other laws and/or deductions we will be subjected to when the exchange is made.
Adam, thanks for the video.
Our group has setup a Charitable Remainder Unitrust.We believe this will alleviate the capital gains and we would only be taxed on what we take out of the trust. You can research the trust on google. We have run this through our tax attorney and he says it should fly. If anyone would like a copy of the trust we are using, please email us at sfspays@gmail.com. Everyone needs to do their own research to see if this is a good option for them.
Yes I’m ready as well my friends tell me it is getting more and more difficult to get up and go to work!
I have a question for everyone…when we are able to cash in, how much is uncle Sam getting? Also, you have an LLC account will the taxes inturn be less?
I’ve also heard talk of a soft opening, 20-30 cents. Then I heard dollar for dollar. They also made mention of the that the Iraqis wanted the 25k note to be worth $17.29…the Iraqis said they couldn’t live off of that…WOW!!!
I would suggest that we all hire lawyers as soon as the RV takes place to advise us.
I suggest we all go shopping and have some FUN!!!
.-= Gary´s last blog ..Don’t Let Your Fear… =-.
It is my understanding that CNN has announced that Iraq will RV the dianr soon
Dear All
i hope all is fine there and Adam is doing good job, dear all can i know when the US Army Lift from the Iraq,anybody have a Idea or correct date,my Idea is 10 June 2010.you have Information tell me by mail(perviez@hotmail.com)ofter that Iraqi Economy going to high
Best regrads
Perviez
Marv,
When where and how did you hear about the CNN announcement?
Thanks