Thread: rumor posted elsewhere

Originally Posted by Bill

I love it when people say I know whats going to happen or Don't be disapointed. They do not know more than the next guy. I read or hear things
and just reserve myself to the fact that when it happens it happens. Don not get me wrong I'm all for a big and fast rv.

Bill

What's up Neno!

It was 75 Today... Sure would like that 75 with a decimal in front = .75

How are you btw Bill?

Originally Posted by neno

It was 75 Today... Sure would like that 75 with a decimal in front = .75

How are you btw Bill?

Pretty good. If some of this news is right pretty darn good.
What does it was 75 today mean.

I think this rumour is well presented and articulate and makes alot more sense than many rumours posted in many of the forums.

I think .12 would be a HUGE reval. If .12 is possible, why not .5? Or 1:1?
I personally think it will be near 1 cent (.01)... and would welcome it.

I guess I don't understand the part where a huge RV is not only possible but WILL HAPPEN at .12 in May this year, but we need to have our head examined if we believe in 1:1... (I don't believe in 1:1 but I see nothing wrong with it )

Anyway, thanks for the rumor/info.

A 25,000 note @ .12 is 3,000$ I could live with that.

[QUOTE=Howard Nomoney;173791]I think .12 would be a HUGE reval. If .12 is possible, why not .5? Or 1:1?
I personally think it will be near 1 cent (.01)... and would welcome it.

I guess I don't understand the part where a huge RV is not only possible but WILL HAPPEN at .12 in May this year, but we need to have our head examined if we believe in 1:1... (I don't believe in 1:1 but I see nothing wrong with it )

Anyway, thanks for the rumor/info.[/QU

WE do not need to have our heads examined if WE chose to believe.
That is what's so good about being an individual with an independent mind. You believe what you believe and I will believe what I believe--1:1. I do not test the waters by saying I believe in 1:1 but its ok if it is .12 or less. That's another good thing about truely being strong in your beliefs........always stay the course.

Originally Posted by chadm

Good Day,

I would just like to say hello to all who find this post, I have been reading many forums lately, and noticing the bickering, and smoke.

Well I must say you are all off target in what you have been told by these rumor posters.

I have been living in France for the last 12 years, I am originally from Los Angeles and have been involved with currency my whole life. My uncle was an assistant to a former (I will leave it at a guess) that shall remain nameless. I will tell you what I know in this post and only this post, the Iraqi government, will not revalue their currency to anywhere near the amounts you are being told, the amount of the revaluation of their currency will be between 133 IQD = 1 USD to .12 = 1 USD.

The timeframe of this occurrence will be between May and July of 2007, I am tired of seeing all of these poor people led astray. I should not have posted this bit of information, but I felt compelled to. The fact remains is the delusions of people to throw out these ludicrous amounts of an Iraqi revaluation is preposterous. People need to know the reality

and possibilities of this investments potential, not to be led astray.

I have read the quotes of over a dollar to multiple dollars, people who know nothing about economics should be warned, this is impossible at this time, yes statements that Iraq has black gold is correct, but even black gold can not but an absurd revaluation because of the simple fact of amount of currency in question is an astronomical amount.

For any person who can sit at home and believe that Iraq can become the wealthiest country in the world overnight, sorry to say, you need your head examined. Also if you think that some of the bigger counties like the USA, Great Britain , Russia, Japan, France, China would allow that, you are mistaken again.

My post is just meant to help my fellow brothers and sisters understand the reality of what is going on, I am sure its not what you all would like to hear, but in a short time we will all call it a true reality.

Thank You

I was pretty much anticipating this slow grow. As a very strong possibility. As we tremor along, then hopefully soon. After that, we will feel strong vibrations! So grow very well might be what the doctor ordered. However, all we need is a strong kick in the right direction. This is why, I figured from the start. That in order for this to really work and to be comfortable. After the initial shock, if there is to one. A person, would need a nice stash. So it all works to our advantage. The longer they take. The more we are able to make. I think a lot of the frustration for a lot of people. Is that they did plan on it taking this long. Me included, however a person must plan for this. By (A) having extra funds available to invest. Or (B) go on a fund raising mission, this method is called (UOPM)! Unfortunately a lot of people did not do A or B. And were forced to sell.

Poorly executed plans end up, well

Originally Posted by scottpaye

I think it is odd that you call yourself a legal wizard. Wizard of what?

what.

Originally Posted by lglwzrd

what.

LOL.

Ok folks, please go back and read the original post again carefully.

This is what the poster actually wrote:

I've been living in France for the last 12 years, I am originally from Los Angeles and have been involved with currency my whole life. My uncle was an assistant to a former (I will leave it at a guess) that shall remain nameless. I will tell you what I know in this post and only this post, the Iraqi government, will not revalue their currency to anywhere near the amounts you are being told, the amount of the revaluation of their currency will be between 133 IQD = 1 USD to .12 = 1 USD.

He/she did not say 1 IQD = .12 USD. He/she said .12 IQD = 1USD.

LazyasL's calculation is correct. This would translate to 1 IQD = 8.33 USD.

Considering the rest of the article is definitely a "slow or no growth" opinion this tells me that this individual is NOT the currency expert they claim themselves to be. A currency expert would not have made such an obvious mistatement. And on that basis I am putting this rumour in the trash can as I don't believe this person is really who they claim to be and therefore in my mind the whole post is suspect. That is my personal opinion only and everyone is entitled to their own beliefs of this post.