Thread: RV in June

Originally Posted by RetMil

DinarTank, if you want comparisons, I'm sorry there aren't any. Why you ask? Well in looking back through Iraq's history you note that what has happened here if much different than with other countries which have rv'ed their currency. First Iraq started with a high currency something on the order to 1 IQD to $3.22, much like Kuwait is today. Then through the actions of a murderous dictator the currency was driven down to 1 IQD to $.30 and then in 2003 to something like 4000 IQD to $1.00. The IQD has been held down to artificial values from 1990 to present for one reason or another. But one thing remains the same, natural resources. Oil and natural, gas lots of it. In fact the world needs it now more than ever. And there are other reasons to believe the dinar will reval. Iraq has agriculture, water and an ability to establish a manufacturing based like none other in the middle east except for Israel. Given the natural resources at it's disposal I believe they will surpass Israel in the long term. There is so much more to this than just current events.

Ask what??? What countries currency have appreciated greatly enough where people made alot of money. Is this what your wondering about what im asking?? If yes, Im asking because I think it would be interesting to know, especialy any currency that has had a huge surge against our dollar... not even a over night sudden rv, but let say a huge percentage increase say over the course of a year. I know people make a living trading currencies in the forex buying and selling daily. As far as I know there is NO currency that RVed in a day say even a 500% in a day without such as a total reprint and loop. I believe iraq is a different situation as you and I believe. I dont think iraq will do this as the people of iraq have confidence in the dinar and in doing such a move shows weakness in a economy which is what iraq and the world dose not want...and with the facts you stated is why were in a unique situation. They want foriegn investment and have lots of companies lining up at there front door. Im not a total party pooper im just trying to speak with reason and logic(at least what it is to me) and learn more and more each day as this forum has alot of great posters with great info. You and others may disagree with my opinions and thats cool. Thats what forums are for to hear different view points and debate them and learn in the process. Tank

Originally Posted by Spoiledred

Nice post. I wish I could get some of that oil right now. Pulled up at the pump today and just said eeek as I pumped gas at $$2.91. I remenised back to when I I was a kid and pulled up to the pump and actually put $.25 into my gas tank. Well I hope that Iraq gets back on the road again and the currancy goes up.

Only $2.91. What a bargain.

Out here on the West Coast, we are averaging $3.25 to $3.60.
Had to fill up my Chevy twice...$150.

Originally Posted by trucker91774

Only $2.91. What a bargain.

Out here on the West Coast, we are averaging $3.25 to $3.60.
Had to fill up my Chevy twice...$150.

Yikes! I guess I would be learning how to car pool, or use mass transit or even get my lazy butt on a bike! I know it's coming here too! I heard the prices would be over $3.00 buy the end of the month! (East Coast, FL)

Originally Posted by Spoiledred

Yikes! I guess I would be learning how to car pool, or use mass transit or even get my lazy butt on a bike! I know it's coming here too! I heard the prices would be over $3.00 buy the end of the month! (East Coast, FL)

our prices are right around 3.17.....one gas station is offering 2.97, lol there were lines like you wouldn't beleive, and customers actually dancing, haha

Originally Posted by rvalreadydang

our prices are right around 3.17.....one gas station is offering 2.97, lol there were lines like you wouldn't beleive, and customers actually dancing, haha

It's a good thing we are in Iraq stealing their oil huh?

Originally Posted by Dinar Cha Ching

It's a good thing we are in Iraq stealing their oil huh?

?? chaching, your normally pleasant attitude seems a bit marred today, are you ok?

Originally Posted by dinartank

Ask what??? What countries currency have appreciated greatly enough where people made alot of money. Is this what your wondering about what im asking?? If yes, Im asking because I think it would be interesting to know, especialy any currency that has had a huge surge against our dollar... not even a over night sudden rv, but let say a huge percentage increase say over the course of a year. I know people make a living trading currencies in the forex buying and selling daily. As far as I know there is NO currency that RVed in a day say even a 500% in a day without such as a total reprint and loop. I believe iraq is a different situation as you and I believe. I dont think iraq will do this as the people of iraq have confidence in the dinar and in doing such a move shows weakness in a economy which is what iraq and the world dose not want...and with the facts you stated is why were in a unique situation. They want foriegn investment and have lots of companies lining up at there front door. Im not a total party pooper im just trying to speak with reason and logic(at least what it is to me) and learn more and more each day as this forum has alot of great posters with great info. You and others may disagree with my opinions and thats cool. Thats what forums are for to hear different view points and debate them and learn in the process. Tank

The only real example that comes to mind is Japan 1985. They doubled the value of the yen against the dollar overnight without a single yen removed from circulation. I know there is at least one member here who lived the experience first hand.

Kuwait was an inside job so to speak only because of the quickness to resolve the invasion and the lack of internet info or we may have had a run it as well. However @ 10 cents [black market or not] that a 3400% increase getting back to normal.


Then of course there is Germany.

Hey time will tell but over a dollar is more the regional model and exactly the idea behind article IV discussions.

Originally Posted by Spoiledred

Yikes! I guess I would be learning how to car pool, or use mass transit or even get my lazy butt on a bike! I know it's coming here too! I heard the prices would be over $3.00 buy the end of the month! (East Coast, FL)

3.09 in Denver. Of course a 950 sq. ft. crackerbox house in the right hood is now $475,000, real estate deflation notwithstanding. If I could just get my paint cans and brushes and ladders all on a bicycle......that would be a sight!

Originally Posted by rvalreadydang

?? chaching, your normally pleasant attitude seems a bit marred today, are you ok?

Get used to it, Green gas will never work.

Originally Posted by RB6FIGHTER

Get used to it, Green gas will never work.

Is it just me? or is there a conversation i'm involved in that i'm totally off with? lol i was only replying to gas prices in our areas, not sure where the oil theft and green gas are coming from