What are the differences between the post war Kuwait situation and Iraq's situation? Iraq is trying to create a new governmant with alot of violence still going on, while Kuwait went back to a peaceful situation with an intact productive government. How much will this matter when it comes to an RV of the dinar?
One thing that I cannot get out of mind is how many very big players are in this game of getting their hands on the Iraqi oil. China, USA, Russia, & Jordan. I just can't think of who else is in there.
About six months or so ago a telephone aquaintence from Houston said that the Chinese had been in the Houston area emptying out the scrap yards of acres and acres of scrap metal to build oil tankers for transporting oil to China. He also said he knew some folks in Pascagola, Mississippi & they told him the Chinese were hiring ship builders in great numbers to go to China to build tankers. Also at that time he said he knew of several oil companies that had people sitting on the borders of Iraq waitng for the OK to go into Iraq & waiting for the violence to get under control.
Also about that time, I heard , from him that he knew of some "high ranking government officials" that had bought $100 million dinar.
I know the violence is a huge problem, but I think with so many "big players" in the game, this RV has to happen & I think it will be soon.
RR, SGS, Neno, Breakeven, Old Skier & whoever else, what are your opinions on these issues?
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Thread: Iraqi vs Kwaiti RV?
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21-06-2007, 12:51 AM #1
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Iraqi vs Kwaiti RV?
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21-06-2007, 12:57 AM #2
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21-06-2007, 12:59 AM #3
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I have always held the belief that it is not a matter of "IF" as much as it is a matter of "WHEN".
The comparison of Iraq to Kuwait is not a fair one. You made a good point that Kuwait was stable before and after the phenomenon that occured with their currency. You will be hard pressed to provide written proof that their currency ever changed value. It was for a very short time, and only the people in the arena at the time were privy to the opportunity.
Iraq is a nation under seige. Their own people are their captors, and their own people are their saviors.
I am waiting for the "Hero" to emerge and bring Iraq peace. So far there hasn't been a leader capable of dramatic change and National Unity.
The USA and her allies are doing what they can to help, but the Iraqi's are the only ones who can change their future.
Then we will see our investment go from seed to fruition.
Just my opinions.....
Thank you.Do unto others....you know the rest...
Here I am getting my Dinar News Fix waiting for that "Bold Adjustment"
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21-06-2007, 01:03 AM #4
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Thanks Hardwood
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21-06-2007, 01:30 AM #5
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Kuwait was and is as different as day & night when it comes to Iraq. Yes it was and is a more stable government. Comparing life styles between the residence of Kuwait and Iraq are like looking at both ends of the ruler.
One could only hope that the residents of Iraq some day have a chance at a life style like Kuwait. While still an Arab country, I feel that most other Arabs living in others countries would love to live like the Kuwaiti’s.
This aside, the IQD will follow suit if even a little longer IMHO than the Kuwaiti Dinar. There may even be some pleasant surprises ahead for all!
DesertWolf
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21-06-2007, 01:35 AM #6
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21-06-2007, 01:48 AM #7
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This aside, the IQD will follow suit if even a little longer IMHO than the Kuwaiti Dinar. There may even be some pleasant surprises ahead for all!
DesertWolf
Habakkuk 2:2-3 Then the LORD answered me and said: “ Write the vision And make it plain on tablets,
That he may run who reads it. 3 For the vision is yet for an appointed time; But at the end it will speak, and it will not lie. Though it tarries, wait for it; Because it will surely come, It will not tarry.
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21-06-2007, 02:15 AM #8
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i just found this interesting document, it pertains to pegging, and i beleive it's current, it mentions kuwait's switch to the basket.....i figured any brainiacs out there might find any tidbits that could show iraq will head in the same direction?
http://www.vsv-asg.ch/pdflib/pdf_d/A....04.-31.05.pdf
The Financial Lexicon edited by the Swiss Association of Asset Managers hasbeen published for over 13 years on the Corriere del Ticino. The first series ofarticles were aimed at explaining the financial terminology particulary relatedto portfolio management, in terms of instruments, regulations, strategies,functions, procedures and so on. The current new series are more focused onrelations between the theory and practice of investing and topical events andtrends, as well as on financial features of high interest at the momentit can be said for all investors from the Arabs and foreigners, you enter now for it will be a golden opportunity for you.
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21-06-2007, 02:23 AM #9
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Habakkuk 2:2-3 Then the LORD answered me and said: “ Write the vision And make it plain on tablets,
That he may run who reads it. 3 For the vision is yet for an appointed time; But at the end it will speak, and it will not lie. Though it tarries, wait for it; Because it will surely come, It will not tarry.
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21-06-2007, 02:48 AM #10
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