Thread: Thursdays

Originally Posted by Innkeeper1

you know guys the more i think about it the more reasonable it is to have the initial rv around .05 or so it would still be ground shaking news wise but would not seam like such an imposiblity as starting it out at a buck or more.. then within 6 months getting to .30 and then maybe within the year hitting a buck or more.. when you throw in the capitol gains taxes getting really low in 2008 it makes me wonder if this is one very well thought out plan by those in power.. just makes me go hmmmm i wonder how many fools will run out and cash theres in it if hits .05 right off the bat.. the whole shake out scenario makes since also as many would cash theirs in im sure....actually i would feel much more comfortable with this scenario than hoping for a massive rv right out of the blocks and then the possible lopp scenario.. i think it sounds much more beleivable but we'll see good luck all, heres to hoping for thursday!

Well Everyone knows I do not subscribe to this low level shake out rate idea but i did have to consider that in many countries like some asian countries and african nations a nickle rate might be a gold mine for them so who knows?

I just feel though that the influx of big money investors as a result to the signal a .05 RV would send, might be more speculation than the CBI would care for.....

Originally Posted by lazyasL

R/R I sure hope that POOT didn't have a lump in it...........

NO, just a lite rumble......saving all the lumps for the day of RV.........

Too many disruptions in revaluing twice in a short space of time. They're already cheesed off with all these silly little 1 or 2 pip movements per day.

Stick with the theory of 1 big revalue hopefully before IC signing 3 May.

Originally Posted by Adster

Too many disruptions in revaluing twice in a short space of time. They're already cheesed off with all these silly little 1 or 2 pip movements per day.

Stick with the theory of 1 big revalue hopefully before IC signing 3 May.

I hope your right Adster, just keep getting the feeling we will get sum kinda curve ball if the initial rv is very high..keep remembering the martial plan thing where wasent it germany that they only allowed a small amount to be cashed in at the new rate and then the rest was greatly lower.. seams to me less likey to screw us if it happens the way i stated.. but its all speculation ...I just hope to see this transpire with out all of us gettin screwd..lol and if they did it in incremets i think we would be safer is all but what do i know??lol lets hope your right and it works out great for all of us involved with this investment

We're small fry in this equation. Majority of the money we cash in will be bought up by governments/big companies and held onto until they use it in exchange for oil. MOST of the money out of country will not find its way back to the CBI for a fair time. All about monetizing the oil.........

I noticed Maliki is in S Korea today and tomorrow. Shame, had hoped we may have seen something significant tomorrow but cannot see any revaluation without him in Iraq.

Originally Posted by railroad

That does deserve a woot, maybe I'll try my first woot......here it goes ...................POOT!...looks like I tried a little too hard!

Funniest thing I've seen in a looooong time!

Originally Posted by Adster

We're small fry in this equation. Majority of the money we cash in will be bought up by governments/big companies and held onto until they use it in exchange for oil. MOST of the money out of country will not find its way back to the CBI for a fair time. All about monetizing the oil.........

I noticed Maliki is in S Korea today and tomorrow. Shame, had hoped we may have seen something significant tomorrow but cannot see any revaluation without him in Iraq.

South Korea is 5 hours ahead of Iraq. Maybe we really don't need Maliki to be there for an RV since it would be Shabby pulling the strings. I know I could be way out in the ballpark on this but it's wishful thinking on my part.

Here's to Wishful Thinking,
mewannapeg

I agree -- i don't think Malaki needs to be there. Shabby pulls the strings for the CBI. I am sure Malaki knows whats going on anyway!!!!

Something as huge as your country revaluing their currency would and should need their PM to be there in country as a show of unity at a new positive time and start for their country. Shabibi only follows what he is told to do by the GOI/MoF.

Of course IF it only drops a point or 2 tomorrow it will make no difference him being away!

I must say that I am LOVING this thread!! It is so refreshing to see everone upbeat, cheerful, and full of humor!! I am so glad that this was started!! Thanks all you wonderful news hounds...and thanks for the wit as well!! It is so fun to have an online family such as rol!! Y'all are terrific!!

For what it's worth...I am thinking NO later than the end of this month!! RV RV RV!!!!