The absolute change in attitudes of so many following the Iraqi Dinar and its speculated-about revaluation -- Posted by FB page Dinar iraq and dong vietnam

Posted by Dinar iraq and dong vietnam FB page
 
I am posting this to address the absolute change in attitudes of so many following the Iraqi Dinar and its speculated-about revaluation. The feeling I get when reading what so many are saying about the IQD is so different than what I had 4 years ago. I’ll provide an example of the issue, problem, or situation I see, then I’ll give my thoughts about that particular issue and back it with a positive perspective. I’m hoping my thoughts shared here will help many gain perspective and retain resolve about the official currency of Iraq.

First off, it’s clear to me that the constant pumpers who’ve tirelessly shared their daily prognostications about the imminent revalue of the Dinar (my site’s perennial “Doozies” and “Rumors” dwellers) have really damaged the morale of their followers, and that of the reputation of Iraq’s legitimate currency. Here we are year after year and the same people continue to be wrong. Bad information naturally gives the Dinar a bad wrap.

My take on this? Well, despite incorrect information and false rumours, the fact remains the IQD has grown in value over the years. What was once valued at 4,000 IQD to 1 USD, is now valued at 1162 IQD to 1 USD. Iraq is only improving daily (Rome wasn’t built in a day, neither was the USA, and China is taking forever but growing nonetheless). So, are you really worried the IQD is a scam? Really?! The only scam happening in this speculative play is coming from those creating false hype and rumours in order to generate interest. Otherwise, sit back, relax, and enjoy the ride of Iraq being “raised from the ashes”.

Secondly, the misfortunes of the few have somehow been placed on the many. What I mean by this is that some well-known “gurus” and posters of information within the online Dinar-following world have occasionally dealt with public matters that in one way or another smeared the Iraqi Dinar by association. Many news outlets in the past have tried to tie them together just because of the common interest but the reality is that whatever their troubles were had NOTHING to do with the official currency of Iraq but with how they handled their business activities and the things they chose to involve themselves in.

My take on this? What transpired publicly with certain individuals had nothing to do with the legitimacy of the official currency of Iraq. Their personal actions, activities, charges, and concerns don’t impact Iraq in the least. I’m sad for all involved. Personal actions by individuals don’t immediately destroy the fact that the IQD has real value and can be liquidated by Dealers or utilized in Iraq. The Dinar currency itself is not a scam. How people present themselves, handle their business, or what they say for gain can be.

Thirdly, somehow speculation around the revaluation of the Dinar has somehow been tied to various timelines. Due to there being so many who’ve given a timeline for when Iraq will raise the value of its currency against that of the Dollar and other world currencies, many have disregarded the currency as a scam because timelines came and went with nothing to show for it.

My take on this? Rome wasn’t built in a day. Why would anyone know an exact time and day? Why would a potential increase in value of a currency that would instantaneously create trillions in wealth across the world be handled tritely in a way that so many would know about it? Why would they they rush the process? The answer… they wouldn’t! The date and time are no doubt in constant flux. There is no doubt a plan for Iraq that meets the needs of Iraq’s citizens. Even the money coming into Iraq from western speculators was thought out and allowed. Yes, each of you who holds Iraq’s Dinars is a part of a bigger plan. Things will happen, but in the time of Iraq and not before.

Bottom line… I believe the Iraqi Dinar will increase in value over time. Regardless of a re-denomination, revaluation, or gradual increase, I’m confident in my holdings. Its up to each of you to come to your own comfort level about what your timeline is, how much you hold, and what you’re willing to do about it. Just remember though, your timeline and threshold for waiting may or may not match that of Iraq and the rest of the world.

Go Understanding… Go Patience… Go Dinar!

I never seen this but for here but sounds like Dinar daddy again, I may be wrong

Could be, if he owns the FB page Dinar iraq and dong vietnam

I know DD has his own page on FB but this sure sounds like him. Hope your day is going well Ponee ;-)

Sure is royboy.  Had my 3 cups of coffee and we are snowed/iced in and I am going to enjoy a day at home  with no errands or running around ! Maybe I will get some cleaning done.  Maybe tonight, a few of us can meet up in CHAT and just shoot the breeze.  I enjoyed talking with you last time. 

Hope your day is going well also!

royboy wrote:I never seen this but for here but sounds like Dinar daddy again, I may be wrong

Yep I thought the same thing ...

Huh, and they pump for a dealer right? Or are they a dealer?

Ponee , His wife is the dealer I think and I'm sure they are tied in with Ali at Dinar Trade. Roger is now a adviser for investments I think

I will say this for him ... he's been labeling guru spew are BS for a long time now ... about all I can say for him, but credit where credit is due.

royboy wrote:Ponee , His wife is the dealer I think and I'm sure they are tied in with Ali at Dinar Trade. Roger is now a adviser for investments I think

Interesting.  Thank you for the input