Quick link to an article for you to pass around:
Baghdad, April 1 (AKnews) – Iraq’s central bank denied on Thursday the reports that talked about its decision to cancel three zeroes from the Iraqi currency.
“The central bank will not cancel three zeroes from the Iraqi currency at this time to reduce inflation suffered by the Iraqi economy…. Canceling the zeroes will make things more complicated and would cost the state large sums of money and enormous economic cadres to implement this project. ” The head of the Central Bank Sinan Al-Shabibi told the Independent National News Agency of Kurdistan (AKnews).
Link: Click here. (hat tip to a couple of the VIP members for posting this.)
I put this in VIP earlier (LINK), but I figured I could share part of it here as well. Keep in mind that this is only part of it, and there is more coming here on DS and also in the VIP soon.
First – Dinar News.
I’m absolutely 100% positive after speaking with a couple of key intelligence people that I’ve never even mentioned in here before that we’re in for a short wait – this is a good thing, it gives us time to prepare. I’m not going into more detail, because this is VIP and we’re all seasoned and respectable investors – we know it might be longer than “Tuesday” before we can cash in.
“Time to Prepare”
This is getting more and more serious by the day. If you think you are going to go to a Dinar Dealer and cash in a million bucks and only pay $150 fee…
… you. are. wrong.
Sorry.
Every single dealer will be audited and they WILL give up your name. If you’re not better prepared, you can plan on handing over up to HALF of your money
to Uncle Sam – even if he’s not your real uncle. He does not care.
Next – The VIP “Edge”
Well, the rest of it is obviously in VIP – sign up here if you’re not already in it.
Related posts:
Oh yeah, I used the New Google Checkout as a payment option instead of paypal…. Let me know what’s the confusion????
Thats so dumb u won’t tell us the rest of the news unless we pay u and become a VIP member? That’s so retarded. Anything for a buck now a days. Adam u don’t need no more money cause we all know u have plenty of dinar saved up so why don’t u just stop being greedy and let all of know all ur news not just half of it. If ur so confident in ur intel and ur contacts and urself why the freak do u have to have people pay u to hear the whole news. Thats stupid!!! Get off the dang internet with that crap.
That makes a lot of sense to me. I was curious why they would want to waist money on new notes to begin with.
ADAM:
Please send me an email detailing the benefits of being a VIP member.
Adam,
I have been reading dinarspeculation for a long time, and i have a dinarvet account also, but honestly all your posts recently seem to be pimping the vip section… it has really turned me off from reading… either post stuff about dinar news, or don’t but please stop the endless plugging of your paid sections.
hello sir i am new on this site.and it is very helpful for us.Three zeroes on Iraqi currency where removed it will be profitabel for us?sir i want to know that if Three zeroes on Iraqi currency were removed.then what will be effact on us.beaused if we have 25000 note then if thay remove three zero then our note value will be only 25 dinnar.second i want to ask that if Three zeroes on Iraqi currency were removed then we can change our note with 25 or 250 dinar then hay give us 250 dinar 100 piece?thx u very much i m waiting ur replay
Thanks again Adam for your hard work. It appears as though the game is afoot. Yes Uncle Sam will always get his it is just a question of how to keep this to a minimum.
So what should I do to prepare? talk to an accountant? Go to my banker? Cross my fingers? Invest another grand so uncle sam can have half, LOL. Seriously though, I have never done this type of investing before and have not a clue…anyone, anyone.
“we know it might be longer than “Tuesday” before we can cash in.” —> wat meaning??
frank i am in the same boat with you. plus it has snowballed on me i have over 10 people that i sold denar to that keep asking me what is going on. most of them dont even know where the power button on a computer is. last i checked my group of people had 13mil denar lol. i am doing my best to tell them only things i know. i keep looking for good info. mabe i will have to tell them i am stupid and then throw myself on a sword, but i am not that dramatic i hope that cheers ya up :0)
Why is everyone upset ,adam can’t snap his fingers, and make the the it rv
Adam, I really do appreciate all the hard work but i too am getting a little tired of the pay for information thing. I do trust you and your sources. Are you trying to cash in because it’s upon us? You said 70 days out yesterday and now “a short wait”. Is 70 days a short wait? Thanks
People, when the dinar revalues, remember the basics. Being rich has nothing to do with how much you have, it’s how much you owe! Everyone is going to come out of the wood work with all types of “great” investments for you to do. Be smart, a lot of the future investment opportunities in Iraq will fail. The country is very fragile and the iraqi markets will be unstable for awile. All I can say is think easy and basic investments. Keep your money save and grow wealth over TIME.
out
DEAR ADAM, THIS IS SUCH A GAME, I SURE HOPE WE ALL WIN SOMETHING, ITS BEEN FUN READING YOUR ARTICLES, YOUR A HOOT, ITS MADE SOME OF MY HARD DAYS AT WORK, UP LIFTING. THANK YOU FOR YOUR HARD WORK, SINCERLEY, PENELOPE
When the RV happen, you can cash your Dinars in a bank outside the US. Once is reconized internationally, you can changed it any where. Go Dinars!!!!
Adam,
Thank you for your resilience and shame on those that speak so venomously. I am not a wealthy woman by any means but I’m intelligent enough to know that ten dollars a month to be a part of a POTENTIALLY large financial boon is well worth it.
Yes I wish I could personally bend your ear and be in on every detail and even undertsand more about my VIP status. However like the rest of life I am on a learning curve and can glean from others more i need to know. I do apprciate your updates and whenyour able I kidly ask you to be even more detailed.
God Bless you and your family in your pusrsuits. My prayers are with you and all nations of course. However my philosophy behind my involvement here is that an RV will help to re-stimulate the US economy allowing us to teach our children with our abundace;and afford others the opportuniy to take advantage of the liberties we are so strongly trying to hold onto.
Happy Easter!
Alice
I would like to be set in life after this RV. I’m only 26 and heard about this at that mall at a Currency Exchange place. When 5 Bank of America employees walk beside me and buy $300 worth of Dinar. I was like, “hmm…I want some!” then bought 900,000 IQD…hoping to have a little “early retirement” at a young age. I just want some promising news. Not something like, “they’ll be taking three zero’s off.” Doesn’t make me smile…so hopefully and God Willing!!! This will be in our favor. Should I buy more? I am without a job and times are super tough right now!
@the show: You ought to be ashamed of yourself. Why don’t you write one of your angry letters to Mr. Sam Walton and ask him to price all the items in his stores “free” because he already has enough money. Adam is an entrepreneur and as such needs to charge a small fee for maintenance and for his hard work on DV. Honestly, that fee is low IMO. Furthermore, you are complaining yet this site is free.
Keep trucking Adam and thank you for all you do. Dust off your shoulder and keep moving.
The Show; let me ask u a question. Would u do the same amount, or even half of the work and put in the same or half of the effort Adam has done for others for free? I dont blame him for wanting to charge a small fee for the huge service and information he provides! Not to mention the cost of running these web sites, which isnt free! So, until u start providing information and start your own web site, chill out and be grateful for what Adam has shared with you!
Thanks Adam for the info and endless work u do, and sorry Adam for sounding rude in this post but people like this ignorant bonehead tick me off. : )
Bill………………………………………………………………………………………………………………………………………………Oh, I get it April fools, haha. The title should be on april 2nd and say ” April- This IS a joke”
Adam…Can you elaborate a bit on what the “shadow price of foreign currency” means. I understand this to be part of the economic feasibility study for determining foreign currency exchange rates. I don’t remember where, but I ran across an article recently that estimated the amended exchange rate of the Iraqi Dinar to be used in technical and economical feasibility studies be set @ $1.134/IQD. It went further to say that this price should be approved for 3 years, until re-appreciation by the competent authorities. I’ll be the first to state that I know very little about investments, and even less about foreign exchange, so I was hoping you’d share what you could about this information. We all read alot about IQD and RV’ing, so this may just be more true speculation, which is OK….I enjoy reading as much about it as I can, and some of it actually makes for exciting conversation around the watercooler.
shahid naz said:
April 2, 2010
hello sir i am new on this site.and it is very helpful for us.Three zeroes on Iraqi currency where removed it will be profitabel for us?sir i want to know that if Three zeroes on Iraqi currency were removed.then what will be effact on us.beaused if we have 25000 note then if thay remove three zero then our note value will be only 25 dinnar.second i want to ask that if Three zeroes on Iraqi currency were removed then we can change our note with 25 or 250 dinar then hay give us 250 dinar 100 piece?thx u very much i m waiting ur replay
Read more: http://dinarspeculation.com/2010/04/01/april-1-not-a-joke/#comments#ixzz0kKC9iAhR
?
Ken,
Please ONLY invest the amount of money you can afford to lose w/o losing your mind. There is nothing wrong to be optimistic, but at the same time do not forget to be prepared for the worst.
Best of luck.
Sinbad
I know nothing comes for free nowadays. And, I also suspected that there is gotta be a catch for this free information. Well, now we all know the catch is VIP.
I can’t be anymore surprised.
@-:)
Man am i stoked! you dont have to be VIP to understand the jist of whats going on. Thanks adam for your info its helped me alot as a new investor! Booyah come on RV!
Anyone that does their trade and does not make any money off of it can throw all the stones at Adam they would like. But if you get paid to do the work you do then SHUT UP. This is a business. I bought Dinars to make money and if it cost a few more to get the inside scoop and I am willing to pay good for Adam. Adam’s comments are only worth what someone is willing to pay for them. The country, OUR COUNTRY is still a capitalist nation is it not? If you do not want to hear about the VIP option then don’t tune in, but please quit whinning. This is like being in a baptist church (I am baptist so I can say this first hand) the great thing about it is that everyone has a say, the bad thing is that everyone has a say. I wish there was a more intense filter. Thanks Adam for what I have learned from you to this point. I am considering the VIP Option but hope that I will not need it very long concerning the Dinar.
Shahid, I was kind of tired of seeing you keep asking the same question, so I will answer it. You DO NOT have to worry yourself over a zero lop because it just won’t happen. The country is trying to become an entity recognized by the world. By lopping zero’s this only hurts their economy and viability as a nation. The zero lop is for countries with extremely high inflation or hyperinflation. Iraq doesn’t have this problem. To all new people your questions can be answered by researching past posts on this site and other sites. They also can be answered by researching yourself. The reason that some questions will take forever to answer is because we probably ran into that particular problem or issue three years ago and are tired of revisiting it. Not trying to be a jerk but want to give the reason why many questions go unanswered. So, if you want to know about is it better to have a Warka account or currency and if it’s better to have smaller denominations than larger ones..take some time to do some past research
Adam you wrote that if we expect to cash in a million dinar ancd only pay $150 we are wrong. Why do you say that?? Because that was exactly what I was planning on doing. Obviously I am not a seasoned investor so I would like to get educated as to why that statement is true. Anyone else out there want to give me their thoghts also?? go for it. Thanks