West Germany, late 1960s
Deutch Marks were pouring into the country in anticipation of a reval for no other reason than to PROFIT.
Result:
"West German foreign-exchange reserves rose from US$2.7 billion in December 1969 to US$12.6 billion by December 1971, and to US$28.1 billion by September 1973. "
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Thread: Good example of a Historic Reval
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08-05-2007, 04:25 PM #1
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Good example of a Historic Reval
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08-05-2007, 04:34 PM #2
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08-05-2007, 04:45 PM #3
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Need a passport? Boy that's a good way to tee-off a whole lot of investors.
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08-05-2007, 04:46 PM #4
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25.4 Billion dollar profit in less than 4 years.
How can anyone say no one made money?
If no foreigners made any of that, realize they did not have the technology we have today. (internet to name one tech) That is what makes this investment different.Last edited by The_Mad_Scot; 08-05-2007 at 04:51 PM.
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08-05-2007, 08:24 PM #5
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Please Do Not Let This Thread Die!!!
I FOR ONE WOULD CERTAINLY LIKE TO SEE MORE FACTUAL INFORMATION that proves we will not have some challenges when we go to exchange our dinar at reval time. Who has the FACTS that this will be as simple a transaction as walking into the bank to buy them. No speculation here, just the facts please.
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08-05-2007, 09:06 PM #6
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08-05-2007, 09:33 PM #7
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Outstanding RfxLady!
"The ulimate measure of man is not where he stands in moments of comfort and convenience, but where he stands at times of challenge and controversy." --Dr. Martin Luther King Jr.
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08-05-2007, 10:11 PM #8
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Awesome
awesome news to hear, thanks RfxLady!
i have a knot burning a hole in my pocket to change..bring on the RV people..
WOOT
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08-05-2007, 10:48 PM #9
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I talked to a co worker today, who has a husband that is a banker with Key Bank in WA. I asked her if she knew if they deal in the dinar and she said yes ,as her husband knew of the the reval and owns dinar. Looks like a place to go when it happens. Whoooooot
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08-05-2007, 11:10 PM #10
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