Thread: A possible RV Date!!!

just maybe getting to the bank as fast as possible,just might be a little short sighted. i got less than 1mil dinar so ineed to make the most of it.
thanks for this new twist to consider!

Originally Posted by SHIELD 464

just maybe getting to the bank as fast as possible,just might be a little short sighted. i got less than 1mil dinar so ineed to make the most of it.
thanks for this new twist to consider!

Glad to see you in better spirits today Shield!! We all stand to make a lot of money soon!!! SO, LET THE PARTY BEGIN!!(well, as soon as it revals anyway).

Originally Posted by wellwishes

Your quote is correct, but for reasons opposite yours.

"Oil in the ground will never be exactly the same as money in the bank."

Certain commodities are considered MUCH better than actual money, because of their inherent future value. Oil is one of them.

Mining Companies, Oil Companies, Farmers and everyone else in the World can use Mining Reserves, Oil Reserves, Land, or any other un-developed asset as "Reserves". Since Iraq will "Book" any New Reserves found since they own the Land and the Mineral Rights to the Oil or Natural Gas, Iraq can use the Reserves as assets. Not the Oil Companies since they cannot "Book" the Reserves as their Asset... JMHO

I worked in the oil field and if oil was not money in the bank I would not have had a job for them 18 years. Yes oil in the ground is like money in the bank and in Iraq it is less costly to get it out of the ground. There is more of it and a lot less of a pain to get out of the ground. I could go on about how oil companys know it is money in the bank or they would not explore and drill for it.. JMHO Bill

Originally Posted by Bubba Dinar

Mining Companies, Oil Companies, Farmers and everyone else in the World can use Mining Reserves, Oil Reserves, Land, or any other un-developed asset as "Reserves". Since Iraq will "Book" any New Reserves found since they own the Land and the Mineral Rights to the Oil or Natural Gas, Iraq can use the Reserves as assets. Not the Oil Companies since they cannot "Book" the Reserves as their Asset... JMHO

Yes. I'm speaking of the country of Iraq when saying their oil in the ground is actually better than money in the bank.

Originally Posted by wellwishes

Yes. I'm speaking of the country of Iraq when saying their oil in the ground is actually better than money in the bank.

I agee with you!! Iraq owns the Oil Property, the Oil Produced and the Mineral Rights to such oil in the ground. Iraq can "Book" the new Reserves, and not the Oil Companies. Therefore, Oil is an Appreciating Asset, can be used as a backstop for their Currency... JMHO

Remember...

"Black Gold" "Texas T"

DesertWolf

Originally Posted by DesertWolf

Can’t buy into this doom & gloom about the RV of the ID. Remember the Kuwaiti Dinar RV. It’s been a long time ago, but I remember it coming in at about a $1.22 and rallied over $8+ USD before settling down to its current day prices.

The ID was I think about $3.44 before we went in. It stands to reason with the military finding the gold and money caches and other hidden holdings with added oil revenues I can’t see a RV of only pennies of the dollar view of all this. Iraq has more to lose by holding off for much longer. JMHO…

DesertWolf

Agreed

Originally Posted by texasaggies

Glad to see you in better spirits today Shield!! We all stand to make a lot of money soon!!! SO, LET THE PARTY BEGIN!!(well, as soon as it revals anyway).

i made it through another night witout having to shoot somebody.you would not believe the paperwork!God the paperwork!!!!!!!!!
i can be nice,untill it's no longer time to be nice.

Originally Posted by Offshore-Wealth.com

Wonderful,

Nice to see a friendly upbeat thread on issue of revalue finally. Even with a couple newbies, it has been very respectful, so I just wanted to thank our new posters for joining in with their valued opinions.

We may not all agree, but it is always interesting to see opposing views. A reprint is not only not practical, there is no valid reason for it, but in time, yes, a shift in values will dictate when, so seeing a reprint of smaller denoms replacing the larger would be welcome by us all. (g)

So much has happened in the past couple years, and although there is much to do, nothing that I see would stand in the way of a restoration to former levels, so reverse analyzation serves me well. lol I tend to look at things differently than most, looking for the reasons why a revalue would not happen, and I just cannot find a single reason to stand in the way. Nothing of any substance comes up in my research, so it looks good to me.

Thans again for keeping this new thread on the upbeat and positive side, and thanks for maintaining the respect of all, regardless of position or opinion, it has been a refreshing read.

Good luck and health to all, Mike

LEARN A LITTLE ,TEACH A LITTLE& THINK HARD ABOUT BOUTH!