Dinar Daily
Welcome to Dinar Daily Discussions.

Logging in with your USERNAME allows you to participate in discussions, see what has recently been posted, and other options. Guests can post but they do have limited abilities.

We are NOT a guru forum. We are a dinarian forum. The opinions expressed on the forum do not reflect the of opinion of Dinar Daily specifically, but rather reflect the views of the individual posters only.

Disclamer:

We are in compliance with, "Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use."


Get Daily Updates of the NEWS & GURUS in your EMAIL
CHECK YOUR EMAIL for VERIFICATION

Enter your email address:

KTFA Members Argue About The Kuwait RV...Or RI? (Weren't They Just Suspended? LOL) 10/17/19 DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Buy and Sell

KTFA Members Argue About The Kuwait RV...Or RI? (Weren't They Just Suspended? LOL) 10/17/19

Go down

KTFA Members Argue About The Kuwait RV...Or RI? (Weren't They Just Suspended? LOL) 10/17/19 Empty KTFA Members Argue About The Kuwait RV...Or RI? (Weren't They Just Suspended? LOL) 10/17/19

Post by RamblerNash on Thu Oct 17, 2019 10:06 pm

KTFA

Osmosis » October 17th, 2019


Kuwait didnt RV, they did an RI...…..big difference, IMO 

HoosierGirl » October 17th, 2019

No actually they did revalue. From one article: "In February of 1991 Iraq was expelled from Kuwait, and a month later, the banks revalued their currency to $3.47, the highest valued currency in the world." And there are several others stating a revalue.

ChrisC » October 17th, 2019

I read an account of a guy that invested with his Dad told by him. He said they had contact with a Kuwaiti vendor and he would call them once a week or so and give them updates. Finally he said they came out at 1.00 and they rode the rise on Forex up to 7.00 and got off. He said it went to 9.00 or so within another week or two and then collapsed almost straight down to 3.47.

FloridaGuy » October 17th, 2019

I was in the first gulf war 1990 - 1991. I was in the Air Force. We were advised that we were unable to purchase any Kuwaiti currency and it would be confiscated if we were caught with any. Therefore when I was advised about the Executive Order giving us the ability to purchase the Iraqi Dinar as a investment I jumped on it. Hope this helps, I don't know of any service members that were able to cash in on Kuwait. 

ChrisC » October 17th, 2019

As I have heard the story, only a few upper level officers. But you are right, anybody below a Captain was ordered not to touch it.
RamblerNash
RamblerNash
GURU HUNTER
GURU HUNTER

Posts : 17157
Join date : 2015-02-19

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum