Thread: Rate That Iraq Can Support

i chose , skys the limit, only because i have no friggin clue what rate they can support. personally, id like to see it reval at around $14.00 or$15.00 bucks. greedy? nah..........

I hope for 75% of Normal = $1.68 - $2.41.But the sky is the Limit!!!
RV NOW!!
ifcingam

I went with $1.68 - $2.41....

However, I could see their GOP supporting much more.

Hope we're in the money soon...

I think it will start at pre-war levels of around .33 cents to .50 cents. I feel that is high enough to get some people to cash out at least partially (I know I would cash in a couple of million at that rate) yet it is high enough to keep the average speculator from getting in, at least the ones that don't have an over abundance of disposable cash laying around. I know that includes me and more than likely quite a few others. I know the big dogs will be able to get in at any opening rate so I do not even worry about them. After 3 years on this ride, I would take anything to start! Just do it already!!!!

I believe they can support this because just before the fall of Sadaam "Insane" even though overrated they were able to boast a rate of 2.88 or there abouts so why not now or real soon the oil is still flowing and on a consistant rate. So here's to a reval at the 2003 rate!!!!
Cheers everone

I cannot vote since "None of the above" is not an option.

Most of the votes here were cast before the CBI site came back up.

I'd be shocked to see anything over $.10 (That is 10 Dinar to 1 USD).

I believe the "new" rate will be disappointingly low (by RolClub standards) and then slowly grow over time.

A war-torn country with oil is still a war torn country.

But hey, 10 cents is still a huge return on a modest investment.

If this is the "pre-war rate" I'm thinking of (3.22 or something like that), then I think the "pre-war" rate makes sense. They have more oil over there than I ever imagined and all the big companies are chomping at the bit to get in there. I think the pre-war rate is possible if not probable. My opinion, of course.

Originally Posted by Hardwood

I cannot vote since "None of the above" is not an option.

Most of the votes here were cast before the CBI site came back up.

I'd be shocked to see anything over $.10 (That is 10 Dinar to 1 USD).

I believe the "new" rate will be disappointingly low (by RolClub standards) and then slowly grow over time.

A war-torn country with oil is still a war torn country.

But hey, 10 cents is still a huge return on a modest investment.

please explain to me how a slow, continuous rise in the value will work.

With the IMF regulations requiring member nations to maintain their currency value in a (approx.) 4% range it seems to me that the entire argument would be over.

I can only see a slow rise causing massive economic problems for Iraq. If the value of a currency continually increases by (being conservative) 25% a year it seems that it would disrupt all business to the point that Iraq could not function on the world market.

At this point .01 or $5 I don't care. Just do it already!!

I believe the sky is the limit...Totally!!!!
Sarah!!