Charmed Pipers post from mid Aust at IIF
From mid-August thru beginning of Sept. whenever I was feeling down about our investment, especially after some naysaying number cruncher would try to dash our hopes, I would read this post by Charmed Piper to get me inspired again - CP I hope you don't mind me re-posting it
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Expect the unexpected, think outside the box, and if you have a friend who is an economist, statician, professor, paper-trailer, logistical engineer, or the average person who says it has never been done before....do them a HUGE favor and take some of your high reval cash and buy them a big big bottle of aspirin because when this hits it could be like nothing anyone ever has seen before. I have no inside information, I don't know anybody, I can't back it up this is just my theory.
Think about this though...at some point in history an unchartered or pioneered event has occured to be able to call it a supported fact. I think (and this is only my opion, I can't back it up) but, we are on the verge of one these events that will be written about in text books...I think this is a unique situation given the fact that there is worldwide support and when they (Iraqi government trips, slips or falls) the world community is there to pick them up, back them up, guide them, and support them financially, militarily, economically, logistically.
I understand there are a lot of printed dinar and of course it is the only thing on our minds especially lately, but how much of it is currently held in country or deals made with other countries to hold it (given a "maturity" date) I know that when I ask friends family etc. if they have invested yet...I usually get "what's a dinar". I don't think it is as widely distributed as we think. If everything about this could be backed up by fact or prediction based on past events then wouldn't more investors or investment firms have this as a recommendation to their clients.
If you were to pick a date for a reval to be revealed what day of the week would you say would be the most inconceivable, unconventional, unpredictable day you could think of...my theory is a Friday.
I have heard a lot of naysayers saying no reval or no high reval because of.....and this.....and not economically feasible....they can give a lot of because and theoretically, and reasons why not....but if we are in unchartered territory with a country that is under a world microscope...the "superpowers that be" won't allow a failure and because and reasons why not can't be backed up with fact....only theory.
Again, only my opinion. But this is such a unique situation that anything is possible and anything is do-able (I don't think that is a word but you know what I mean). So let's support high reval with an august date...think outside the box.
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"Practice is over team --- The games have begun"
08-17-2006, 07:32 PM