If we get our RV by Monday..
...and it's $1.47 or higher....
As soon as my IQD is safely cashed in and my USD are tucked away neatly into my accounts...
I will run naked around the Christmas tree at Rockefeller Center as many times as I can until I get arrested....and then donate $10,000 for every successful lap to a worthwhile charity. Who's with me???
:ro_emote:
Ding Dong Jdr Just Don"t Read!!!!!!!!
Quote:
Originally Posted by
SeaRayaWaitin'
Hmmmm...no. Re-read my reply to your post again very slowly and carefully.
I said.........Iraq never said $1.48....they said '148 to the dollar'
You are using the exact same misinterpretation and word-twisting in your reply to me here.
I hope it does and even think it may go to $1.48 but I'm not aware of Iraq saying this is what they wanted.
So...STOP THE WORD TWISTING PLEASE.:fryingpan
As a matter of fact...here is my quote so you don't have to go looking for it.
In response to your quote....
Maybe you should quote my whole post instead of just the last couple of lines and then maybe you could understand my point.
Your JDR from AD as I like to refer to you as JUST DON"T READ I though I told you that you were better suited to IIF.
If you took the time to read posts and articles maybe you could come up with something more intelligent to say than when it goes up I am going to run around naked until I get arrested. Now that is words of intelligence if I was you when you are running naked you may want to hold a picture of that nice boat so you can dream of it while you are locked up.
You know JUST DON"T READ you make it too easy you make yourself look unintelligent all by yourself. I know I would be very scared to see you naked and running so maybe you could be kind to the New York people and keep your cloths on you would not want to ruin anyones holiday with a sight like that.
By the way here is the full post maybe you should read the whole thing before shooting your mouth off. Oops I forgot you JUST DON'T READ!!!!!!!!!
You would have thought by now you would have learned not to mess with me I guess you like SNM.
My Point is if it RV's it will be on the Forex and fully convertible which means you can buy and sell Dinar it will not be through auction so it it goes on at .05 you will have the big investors able to buy. The only way they could not buy any is by doing an internal RV but that would mean we would have to go to Iraq to exchange which most investors will not do. I know I won't. If it goes on the forex at .05 the Country's currency will be owned by investors JMO. The auction is just the preliminary introduction of the currency and they are not going to keep revaluing the money it would make it unstable. Also with implementing FIL and article 8 and HCL they will be able to come into the Country for penny's. Why would they want penny's when they can get Dollars. By definition if they peg and float the currency that is designed to attract investors but does not give security to the currency. So for example you are talking about .05 if they peg and float it there (hardly any Country floats) and hoping for it to go up to 1.48 - 3.00 or what ever it goes up to. That will not attract the investors because they will not have security that the money will not go down due to violence and uncertainty of Iraq. BUT if they peg and fix the rate at the price they see there Country at 1.48 or 3.00 like Kuwait - by definition the fixed rate is for a Country that already has investors but needs to secure there investment from the exchange rate dropping. There are two types of investors one is going to buy the currency for penny's like us but can do it on the stock exchange and waiting for the currency to skyrocket. Second more importantly is the investor to go in and rebuild Iraq and they are the ones that need the security. That is why they have to peg and fix at a higher rate IMO.
Iraq themselves have said they want be at least $1.48 if not higher!!!!!!
Dinar-Excited:leader: :leader:
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By the way maybe you should read the article on 1.48 that clearly states there plans. I know it would be hard for you to read as your not smart enough to read through the translation difficulty's.
Dinar-Excited:leader: