The Dinar is not traded on forex yet, and 99% of the Banks will tell you “Sorry, we don’t carry the Iraqi Dinar”… but after years of hearing nothing on the Iraqi Dinar from the mainstream media, now we have two mentions in less than a week.
Read on to see the video and the rest of the article.
Although seeing Ali Agha on the news talking about Dinar Trade may not mean “RV NOW”, it definitely is going to put some pressure on more people. The more people get involved in speculating, the more money Iraq is going to have to pay out. Does that mean the smart move for Iraq is to “RV NOW”, or will it make it harder for the country to RV?
Video below, and leave your comments!
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Wow, Previously when started this business, Ali was rejected by EVERY TV Station, when he wanted to publish his Corporation back to 2003-2004.
BUT NOW!!!, Two days from The Rumored date of NOV 1, as RV date, He suddenly received invitation from CNBC at NYSE!!!. In our experience, whenever it’s too late to buy, the Mass Media is spread the news.
I Hope!!!!
Isn’t this from 2008? Old news?
Ali is a good man, he and his father have earned a huge business now. There is no talk of RISK anymore either!
THIS WAS A VERY SMART MOVE ON ALI’S BEHALF. HE IS AN OUTSTANDING BUSINESS AND WITH THIS PUBLICITY HIS BUSINESS IS SURE TO BOOM, EVEN MORE SO THAN IT HAS UP UNTIL THIS POINT. IN MY OPINION, THIS WILL PUSH AN RV. THE MORE PEOPLE ARE AWARE OF WHAT’S HAPPENING IN IRAQ, THE MORE PRESSURE THIS PUTS ON THEM TO PAY BACK THEIR DEBT. I JUST HOPE THIS THING ROLLS OUT SOONER THAN LATER
AS MANY WILL AGREE!
Ali comments seemed more logical and legit than the rumors that have been going around. Appears to me it may take time for the rv till the country is more stable
Sorry Adam my computer won’t play the vidio. No high speed at my place only dial up. Thanks anyway only local channels
This certainly legitimizes the investment, and I understand Ali wanting publicity for his business, but frankly I would have preferred the ability to buy the dinar been kept private since I believe it will be a zoo trying to exchange it after revaluation.
It is very interesting that there was no mention of the possible RV of the dinar. While speculation and rumors abound – from what Ali indicated this could be a very long and drawn out process. Maybe his comments will slow down some of the expectations of instant wealth thinking that the Iraqi Dinar will instantly be worth what the Kuwaiti Dinar is presently. That speculation seems to be a “stretch.”
“will take some time” Ali has got it going on. Hope he keeps up the good work. Thanks for the info. Adam.
I agree with Tom, the zoo will be the difficult of exchanging the RV dinar with the same source you bought them from….especially, if the amount of the exchange to USD’s is substantial. However, I can’t see the US Banks and other legal currency operators NOT opening their doors to the exchange after revaluation. You would think that they would want you to invest your money through them.
What?
Guy’s listen, it’s going to take time. It will not be anytime soon. Just sock your dinar away and forget about it for now. When the RV starts, it will be very gradual. You will have to decide how much you choose to sell along the way, as it increases in value. That is what you need to come to terms with.
I agree with WDMCB. The local Wells Fargo has told me when the dinar RV’s or IV’s, bring it in and they will convert them into dollars so long as I open an account with them.The bank said there would be no procedural problems.
Good Video …
Yes Ali has earned his place of respect …
The flood that will come from the exposure at this time will push the RV … and combined with the Political status right now, as well as the fact that more debt must be paid off the longer the wait …
And remember, even if Ali has wind of the RV future, he will be an even keel as to keep it all in the right perspective … Yes, ‘again’ he is a Good Business Man !!!
What I have to say now is “Get Ready and Stay Ready, when it’s time it will just happen” … and from all of the signs, I think it is soon …
~ E
I have certainly been caught up in the Rv frenzy and probably have been following the rumors and supposedly secret itel too closely about the almost imminent RV. However, I have had 2 very distinct concerns in the back of my mind. #1) why has the mainstream media been so quiet. I must believe that people within the financial press that have dealings with currency have even better connections with those in the know at banks,the US Treasury,IMF, etc and would like nothing better than to scoop the RV story. #2) Put your self in the Dinar sellers position why would you sell 1 Million dinar at close to a thousand dollars when holding it for a few more days it would be worth millions? I would assume that they would have some sort of intel connections too.
When I first invested in the dinar Ali was selling 1 mil. for 1040.00 buying back at 870.00 per mil. that made the risk only a 170.00 gamble. Now I can get 900.00 buy back only risking 140.00 gamble on possible millions, pretty good odds in my book. Think of how many hundreds of dollars you have invested in our goverment and what is the pay back there or even the possibility of a pay back. If there is a pay back it will most likely go to some fat cat that does not need it any way, GM ,AGI.
I pray I am wrong, but it seems to me a possible outcome here is for Iraq to dump its currency, again, in favor of a whole new currency once they are ready to re-value; similar to what many publicly traded companies do when they re-organize. You might recall, General Motors filed for bankruptcy, wiped out their existing shareholders, re-organized, and emerged from bankruptcy a new company with newly issued stock. Is that not a realistic scenario here?
Has anyone ever taken a look at the intra-day chart on the Iraqi dinar? Two things I have noticed is that the volume in the past 2-3 months have gone off the charts! If you look at the volume at over the past 5 years, you will not be able to even see it on the graph!
Also, have you noticed that the RV hasn’t changed from the amount of 1150. Over 60 days has past since any change has occurred. I’m not sure what this means, but it has to have some significance.
What, 500 million per day in sales, yea right in your dreams sonny boy
I am a new poster. I posted my first comment this morning, but it was quickly removed. My post was on topic, respectful, and I had a legitimate question I thought would encourage some response. Am I missing something? What’s the deal?
Thanks,
Brian
Brian, you must have sites confused – your post was not deleted here.
Thank you Adam; I am not sure what happened, but I am sure it was my error.
BTW, I have enjoyed the site. Just came across it in the last few days. I appreciate all of your efforts to bring us information.
Great stuff…I am hoping the currency will not be trashed. I think of Brazil and it’s RV last year…Buffett made a killing. It has happened and hopefully it will happen again. Wish I had of known abou that brazilian real…but it was being traded on the FOReX. Maybe this will fly.
Whether the RV is going to happen sooner or later, Ali could not speculate about it. I just read where the Idaho dealer was caught telling his investors that the RV was going to happen right away just to up his sales. He got heavy fines and lost a law suit for over a million dollars. So the only thing Ali could say was what he said or face the same fate. We just don’t know, I just don’t see this info being leaked, we will just wake up one morning and it will happen.
I heard that by 11/17 something is goint to happen in regards to the dinar. What have you heard?
I invested back in 2005 while in Jordan on business. I have 20,000,000 in dinar and do not need a huge jump in price to take in a good amount of gain. Patience is the name of the game. Any one who wants to invest needs to keep that in mind. If the Dinar were to go up to .10 cents to the dollar, I would be a millianre….IF!
Look at world war 2. Our troops were in Germany after it was all over. Germany’s money was worth nothing at that point, but they invested (the troops) and had a good return a few years down the road after the German government was re-established.
Now, lets look at Kuwait. This was just a few years back in the great sceem of things. Before we went in, their currency was worth next to nothing. After a few years, and patience, their currency is now much higher than the dollar.
Invest an amount that you can stand to be with out, and just sit on it. Like a gentleman said in an earlier post, pretend you dont have it.
Good luck to all of us vested in Iraq, further more, good luck to Iraq them selves.
Thank you Mr. Montana, I enjoy being more up to date on the Dinar. You have the best website that I have found to date.
Jason
adam i found some old news papers on the iraq dinar can you email me at james593@peoplepc.com so i can send to you.thanks james neff
I’m in. I’ve judged the dinar to be a reasonable speculation, although it may be more an attempt to win the lottery. The thought occurs to me that the CBI has a good deal going for it. That is selling paper for our dollars. Similar to what our FED does. Richard