These things mean jack squat because they have no BACKBONE to stand up and change things and THAT is exactly why another dictator will take over when the USA pulls out when it goes to war with Iran in the near future. We will be lucky to get our dinars exchanged for a little profit before some bafoon dictator wants to put his ugly mug on the money like Saddam did.
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Thread: Isx
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29-06-2007, 09:13 PM #11
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29-06-2007, 09:47 PM #12
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30-06-2007, 06:25 PM #13
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30-06-2007, 07:18 PM #14
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I don't know if they will in fact rv before we are allowed to invest in the ISX. But I think the situation is very basic. If outside players are allowed to pour billions of dollars into the ISX at these cheap prices there is no way that the average to above average Iraqi can compete. It's our total dollars and purchasing power vs. their total dinar and it's purchasing power. Not even close. Even if there is a restriction on the amount that foreigners can buy it will still drive up stock prices beyond what the Iraqis can afford, IMHO. The benefit of economic growth through the ISX will not be realized by those that need it the most. 50% of the advantages that comes about by having a stock exchange in one's own country would be nil and void. The companies issuing the stock would benefit but not the citizens of Iraq. There would be increased employment but that is only part of an economic picture. Even here in the states with our employment up to 96% we as individuals invest heavily in our stock market. It's a huge part of an overwhelming number of our retirements. I know young folks that are investing to earn enough for a down payment on their first home. It goes on and on. I don't think these benefits could come about for the Iraqis with the dinar at current levels.
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09-07-2007, 07:06 AM #15
Hunt, I believe the official ISX webpage says 8/2/07 will be the first day of foreign trading. Of course we all know the track record of Iraqis when it comes to setting dates for important events. But even with that bad track record, I'm surprised there isn't more buzz around the Dinar World concerning 8/2/07. It has to be THE biggest event concerning future IQD value. It seems to me a high (1:1 or such) Re-val MUST occur before the ISX opens if it will at all. Let's say the exchange rate is 1244 at ISX open. And let's say for several months we see a good solid rise of the overall ISX index. A 1:1 Re-val at that point would cause a massive run and "sell-off" of almost all ISX stocks. It could literally crash the ISX!!! Logically it would seem that if the Re-val doesn't occur before foreign ISX investment the only way to do it afterwards would be with a Zero Lop.
8/2/07 could be THE biggest event we've seen thus far!!! All comments welcome!!!Last edited by MunnyBaggs; 09-07-2007 at 07:09 AM.
Munny Model IQD Value Projections
Range 1345 IQD/1 USD to 1 IQD/.27 USD:
1345 Target ACHIEVED!!!
1260 Target ACHIEVED!!!
1100 IQD/1 USD by Jan. 5, 2008
810 IQD/1 USD by July 5, 2008
500 IQD/1 USD by Jan. 3, 2009
300 IQD/1 USD by Apr. 18, 09
1 IQD/.01 USD by Aug. 8, 09
1 IQD/.27 USD by Sept. 12, 09
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09-07-2007, 06:43 PM #16
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theyre less than clueless because of their backwards thinking. they are stuck in their religous beliefs and would rather kill than be peaceful. it has always been this way with these people and it will always be. a rv wont bring enlightenment-just more guns. this of course is just an overly broad generalization.
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09-07-2007, 06:44 PM #17
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09-07-2007, 07:18 PM #18
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going around stomping your feet isn't going to make things happen any faster! I wish I could make something happen too. I know you want to get your wedding going and it will be grand when this RV happens! (Maybe if youhave it before it will bring the RV, you know good luck, a new beginning!)
[CENTER]A healthier you, MonaVie! www.TheGreatProduct.com/pegjones
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09-07-2007, 07:29 PM #19
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09-07-2007, 07:43 PM #20
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Gee thought I posted already, but it disappeared. anyway try again. I can understand relieving agression. I am relieving and spending some other time with MonaVie. Check out my website. a little extra money can buy me time till this RV happens. Besides it's healthy and when everything falls into place I will have plenty of time for my golf!
[CENTER]A healthier you, MonaVie! www.TheGreatProduct.com/pegjones
Smile, you look good and no one really knows what your thinking!
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