Hello From A Newbie

Been lurking in several Dinar sites for awhile. Finally joined. Wanted to ask a few questions and commiserate with folks who have been in this "thing" for awhile, a LOT longer than I have.

HELLO AND WELCOME, BEEN IN THIS 7 YRS NOW.

Hello Newbie. I would really like to know how a person would get themselves involved with this scam when there's ample evidence showing it's a scam. Why do u think that dinar dealers went to prison   http://www.cnbc.com/2015/01/15/inside-a-24-million-investment-scam-buy-the-iraqi-dinar.html  selling dinar to naive people as an investment instead of a novelty that is the only legal way they can sell dinar. That's why Sterling was raided                                             https://www.docdroid.net/132iq/doc-2-6-9-2015-amended-complaint.pdf.html https://www.iraqidinar.org/sterling-currency-group-lawsuit-review/  . Then u have oil prices that are low and Iraqs revenue is almost all oil that they are talking about devaluing the dinar                                                             http://www.al-monitor.com/pulse/business/2015/12/iraq-foreign-exchange-rate-economy-crisis.html#ixzz3w2JVYUuD  so please tell me what you've seen to think this is a good investment. Here's a whole blog started in 2012 after a former dinarian figured out it was a scam                                               http://iraqcurrencywatch.com/  Marcus Curtis is one of the smartest people I've seen explaining the dinar scam. Over 40 posts devoted to it and here's an economist telling u about the scam                                                         https://www.youtube.com/watch?v=7RThOACzuVw&feature=youtu.be  Good Luck U will need a lot more than luck though LMAO

I GOT IN IT BY A FAMILY MEMBER, DIDN'T SPEND ALOT OF MONEY, ALOT WAS GIFTED. HOWEVER AFTER THE 1ST 6 MONTHS I ACTUALLY DID MY OWN RESEARCH AND FOUND OUT ALOT OF THINGS ON MY OWN THAT OPENED MY EYES.

@chilimama wrote:I GOT IN IT BY A FAMILY MEMBER, DIDN'T SPEND ALOT OF MONEY, ALOT WAS GIFTED. HOWEVER AFTER THE 1ST 6 MONTHS I ACTUALLY DID MY OWN RESEARCH AND FOUND OUT ALOT OF THINGS ON MY OWN THAT OPENED MY EYES.

Please tell me what opened your eyes?

Welcome MO!
This is an easy scam to be brought into as we ALL know.
Thanks for joining.

@kenlej wrote:

@chilimama wrote:I GOT IN IT BY A FAMILY MEMBER, DIDN'T SPEND ALOT OF MONEY, ALOT WAS GIFTED. HOWEVER AFTER THE 1ST 6 MONTHS I ACTUALLY DID MY OWN RESEARCH AND FOUND OUT ALOT OF THINGS ON MY OWN THAT OPENED MY EYES.

Please tell me what opened your eyes?

IN YOUR FACE RESEARCH THAT TELLS YOU THIS IS AN IMPOSSIBLE THING TO HAPPEN. I DO NOT BELIEVE IN THE RV ANYMORE, THATS A SCAM BROUGHT ON BY GREEDY A$$ POOROOS. THANK THE HEAVENS I DID NOT "INVEST" IN IT. I HAVE ALWAYS COLLECTED DIFFERENT CURRENCIES EVER SINCE I WAS A CHILD, NOW I HAVE DINAR. I HAVE A 100 MILLION ZIM NOTE, BUT HAVE HAD THAT SINCE BEFORE, JUST B/C I THOUGHT IT WAS NEAT.

Hello great to be here.

@kenlej wrote:

@chilimama wrote:I GOT IN IT BY A FAMILY MEMBER, DIDN'T SPEND ALOT OF MONEY, ALOT WAS GIFTED. HOWEVER AFTER THE 1ST 6 MONTHS I ACTUALLY DID MY OWN RESEARCH AND FOUND OUT ALOT OF THINGS ON MY OWN THAT OPENED MY EYES.

Please tell me what opened your eyes?

Hello, Newbie.

I'll tell you what opened MY eyes. My husband bought and I was trying to understand why he thought he would become a millionaire from this. He said because the guru said it Bush set it up in Executive Order 13303 that Americans could invest in the Iraqi dinar. The government would make enough to pay off the Iraqi war debt (yes, USA borrowed to finance that) and ordinary Americans had this special chance to be in on the money too.

Did not seem to add up to me, so I looked up Exec order 13303 on a government website. (It is on a couple, not hard to find.) It didn't say that. It was for corporations to get money from the Iraq development fund and no Iraqi could sue over it.

When he didn't believe me and said there was more... I read every single year's update and resigning of EO 13303 including into Obama's presidency. That was a LOT of wasted time! Nowhere did ANY of them say anything like the gurus claimed.

Nowadays, the gurus have moved on to other reasoning to befuddle their listeners and followers. Iraqi budget, IMF agreements, the plane down in Indonesia, etc etc.

In fact I remember when ISIS was first on the news, and TNT Tony was saying that the news was false and just a put up and distraction so people wouldn't realize the RV was happening. Reaally.

I am surprised nobody now says that Obama says it won't happe yet because global warming hasn't been handled with worldwide agreements that are supposed to take place.

Every time something happens in the news that the gurus parrot and twist into a relation with "the RV", you can go look it up somewhere else on the internet and observe what is really happening.


Here is an activist website called Reclam Democracy that posts a copy of Exec Order 13303 http://reclaimdemocracy.org/executive-order-13303/ and their analysis of it titled

Bush Gives Legal Immunity to Transnational Oil Corporations in Iraq http://reclaimdemocracy.org/oil_corporations_iraq_immunity/



The Vietnamese Government has devalued the dong 3 times in past couple of years. See one news article on this as the gurus were announcing last year 'Dong is in the Global reset currency basket and will be part of the RV next week." Baloney! Vietnam Central Bank Devalues Dong to Buttress Exports: Economy



by Nguyen Dieu Tu Uyen and Nguyen Kieu Giang http://www.bloomberg.com/news/articles/2015-01-06/vietnam-weakens-dong-reference-rate-to-boost-nation-s-exports





Read SSMITH's posts on this website of news from Iraqi news sites that she translated from Arabic with Google translate. She always posts her links so you can look at the Arabic news yourself and copy and paste into google translate yourself to read it to be sure of what you think it says.



The watchword is LOOK DON"T LISTEN. Look for yourself outside the guru site and you will see a whole world of  real"intel" that is actually intelligent!

Whoops - or are those Ponee's news posts?

The Iraqi Currency 'Dinar" is not a Scam. The gurus is.

Ponee does all the hard work gathering the news articles.

@power123 wrote:The Iraqi Currency 'Dinar" is not a Scam. The gurus is.

Gurus are the ones promoting the idea that people that hold Dinar are going to become overnight millionaires.

Hi There. I've been in a few years now and listened from one source and some research on my own. Looking at more avenues now to lighten my load. Look at Kuwait. Pre Desert Storm(DS) dinar $3.64 during DS $0.05 after DS revalued back at $3.64. The Iraq dinar was at $3.2169 at the start of DS then when sanctions hit was devalued. Now with sanctions lifted.....we wait to see.

Welcome .... While I would like to be proven wrong, I do not believe that you can draw any sort of valid comparison. the Kuwait $.05 rate was black market trading, while the Dinar dropped in real terms. In fact, at the time the new currency was distributed, the dinar was worth about 3000:1. Sanctions have been gone for a couple of years now. We do indeed wait, for many of us that has been years.

@mschultz007 wrote:Hi There. I've been in a few years now and listened from one source and some research on my own. Looking at more avenues now to lighten my load. Look at Kuwait. Pre Desert Storm(DS) dinar $3.64 during DS $0.05 after DS revalued back at $3.64. The Iraq dinar was at $3.2169 at the start of DS then when sanctions hit was devalued. Now with sanctions lifted.....we wait to see.

You oughtta look for the full picture. There are people who have done a LOT of research into this that you might learn from.

Here is one place to get educated:
http://iraqcurrencywatch.com/2014/07/23/the-kuwaiti-dinar-never-revalued/