Thread: "RollsRoyce . . . June 21 Stuff!"

Originally Posted by ATMCSMD

Why should I be the first to offer proof of a theory? Noone else has.
This whole "return to it's previous rate" thing could mean any rate before the statement was made. Noone has proven what "on par with the dollar" means either. Sure it sounds like it means equal to the dollar but who really knows? I've seen so many people on this forum try to shove square statements into round holes that I lost count. I go purely on common sense....there's no way in hello operator that a $700-$800 investment will yield $3.22M USD or $1.61M USD or $3.45M USD....PERIOD. If you think it's possible then you are good at pulling the wool over your own eyes. The only "proof" that can be offered for slow appreciation is a good dose of common sense. Arguments like "pennies on the dollar" are crackpot theories molded to fit someones desires. If people put as much effort into their real jobs as they do into wishing and hoping for an overnight miracle and reading forums for countless hours they may actually get somewhere.

WHO ARE YOU TO JUDGE ANY OF US??? So now you are a financial expert...that it is impossible to make that kind of money from a small investment....ever heard of a little company called Microsoft??? Do the math and see where you would be at today if you had invested a couple of thousand with them 20+ years ago?? Guess what else...I work 70 hours a week at my curent job...the only source of info I rely on for news on this investment is this forum and I spend probaly a hour a day here...AND I AM QUITE SUCESSFULL AT MY JOB!!!! In fact I just bought a house yesterday for $24000 that has a taxed value of $106000...will make a nice profit in only a couple of months...because I had the courage to take a chance on it. You have a RIGHT to express your opnion...you do not have a right to come on here a be-little, judge, or insult ANYONE!!!!!!!!!

Originally Posted by wellwishes

Guys, I am very sorry for this post....But I cannot believe I am the only one who gets tired of seeing the same ol' thing day after day.

Believe me, you're not alone! I dont know why some people feel the need to save others from becoming over optimistic about this speculative investment. If we are all screwed, so what. There is merit in both theories. Nobody is going to change the minds in either camp. It could RV quickly or it may not. For all we know, Iraq is going to be a cesspool for the forseeable future. God knows, if the Islamofascists have their way, it will revert back to the Glory days of the 8th century Sunni Caliphate. But, it just might live up to its potential and become the wealthiest nation in the Middle East. Thats what speculation is all about. There is no point in fighting over whether its slow growth or rapid RV. If people placed all their hopes on the IQD and nothing happens, well, lesson learned, me included. If it pans out we all win!

For those who dont believe it will happen quickly, I totally understand your position. Looking at the reality in Iraq right now its not hard to arrive at that conclusion. But, you cant save everyone from their dreams and trying to do so only creates hard feelings and bitterness. If it takes a long time, we win. If it RV's overnight, we win. If it does nothing, we cash out and get most of our money back. Beats the carp our of a lottery ticket.

Best of luck to all....

Originally Posted by GerttiDinar

Come on people let's be honest with ourselves. While atmscmd's theory of a small return on his initial investment may be completely wrong just based on the articles about returning the dinar to it's previous rate, his theory of a slow grow has a much better chance of happening than any sudden overnight reval.
There have been multiple rumors claiming it's a done deal and will happen by such and such day. I have never seen one of these rumors bare any fruit. At this point if you believe any of the rumor mongers on this or any other forum you are, at the very least, naive, and at the worst brain dead.

Please try to look at this objectively.

I bought in on the rumor that the dinar would be $.20 by the spring of 2005. Oddly enough, it never happened.

later in 2005 through 2006 there was the fab 5 pushing their done deal. nothing came of this either.

By mid to late 2006 sgs was saying it was a done deal and nothing came of it. In fact, the movement of the exchange rate didn't start until almost 2 months after that done deal rumor.

Everyone wrote off the movement as the CBI attempting to buy back as much dinar as they could before the "reval"

As the rate continued to fall and the news came out about the budget being based on the rate of 1260 the theory suddenly turned to "once they reach 1260 then we will see the reval". this theory looked promising to some when they continued to hold the rate at 1260.

Now the rate has moved past 1260 and we look to be on track for the 1000 to 1 stated as the goal for the end of the year.

Now, tell me which makes more sense. A sudden reval to 1:1 or 1:$3.31 or whatever number you want to throw in there.

or

as stated by the CBI, 1260:1 by mid-year, 1000:1 by the end of the year followed by the continued increase in value for the following 2 years (again stated by the cbi) until the dinar is on par with the dollar?

Does it not seem strange that the moves planned have been 210- 260 dinar in a set period? at that rate the dinar will be at (approximately) 750:1 by mid 2008, 500:1 by the end of 2008, 250:1 by mid 2009, and 1:1 by 2010.

It's amazing how that fits into the CBI's stated goals.

If I am wrong in any of my analyses please let me know, an I don't want arguments based on rumors or feelings, but straight fact.

Thank you.

That paragraph in red is not true. The CBI nor any of it's reps. have ever said an exchange rate by a certain date. Those numbers came from reps. in the Minister of Finance Office and from news articles. Not once have they ever been accredited to anyone from the CBI. They are projections by some that have nothing to do with the rv.

Originally Posted by Kevmo

Believe me, you're not alone! I dont know why some people feel the need to save others from becoming over optimistic about this speculative investment. If we are all screwed, so what. There is merit in both theories. Nobody is going to change the minds in either camp. It could RV quickly or it may not. For all we know, Iraq is going to be a cesspool for the forseeable future. God knows, if the Islamofascists have their way, it will revert back to the Glory days of the 8th century Sunni Caliphate. But, it just might live up to its potential and become the wealthiest nation in the Middle East. Thats what speculation is all about. There is no point in fighting over whether its slow growth or rapid RV. If people placed all their hopes on the IQD and nothing happens, well, lesson learned, me included. If it pans out we all win!

For those who dont believe it will happen quickly, I totally understand your position. Looking at the reality in Iraq right now its not hard to arrive at that conclusion. But, you cant save everyone from their dreams and trying to do so only creates hard feelings and bitterness. If it takes a long time, we win. If it RV's overnight, we win. If it does nothing, we cash out and get most of our money back. Beats the carp our of a lottery ticket.

Best of luck to all....

One vote here for the post of the day!

Check the News Thread . . . we may have the *Monkey- Wrench* I was afraid of . . . Bummer . . . unless it's another re-dated item / lest / I be to optimistic . . .

Best . . . RR . . .

Originally Posted by RollsRoyce

Check the News Thread . . . we may have the *Monkey- Wrench* I was afraid of . . . Bummer . . .

Best . . . RR . . .

Maybe they can use some of that oil and put it on that wrench and it will slide through! What do ya think?

Originally Posted by cooldolphins

Hello, mods. I get concerned now a days when i see a first post for someone. Over the last week, there have been many occasions where I or someone else will read a first post only to realize they are disquising themselves under a new name after being banned. I am not one to be totally on guard all of the time, but have gotten caught off guard this past week by such posters. ould look at a new poster and accept them and their thoughts just like any of us who have been posting for a while. I realize there are many who have been members and never post. I really don't know where I'm going with this....i guess away now.

No, this is a problem we moderators are on top of and have been for a long time. We advocate following the TOS and using good old manners. Manners got you by when you were a kid, and they'll get you by until you die. They work here, as well. We will continue to watch for those who would just come in here to hear themselves talk and use this forum as a soap box. Thanks for your post.

Best regards,

Thelema

Originally Posted by GerttiDinar

Come on people let's be honest with ourselves. While atmscmd's theory of a small return on his initial investment may be completely wrong just based on the articles about returning the dinar to it's previous rate, his theory of a slow grow has a much better chance of happening than any sudden overnight reval.
There have been multiple rumors claiming it's a done deal and will happen by such and such day. I have never seen one of these rumors bare any fruit. At this point if you believe any of the rumor mongers on this or any other forum you are, at the very least, naive, and at the worst brain dead.

Please try to look at this objectively.

I bought in on the rumor that the dinar would be $.20 by the spring of 2005. Oddly enough, it never happened.

later in 2005 through 2006 there was the fab 5 pushing their done deal. nothing came of this either.

By mid to late 2006 sgs was saying it was a done deal and nothing came of it. In fact, the movement of the exchange rate didn't start until almost 2 months after that done deal rumor.

Everyone wrote off the movement as the CBI attempting to buy back as much dinar as they could before the "reval"

As the rate continued to fall and the news came out about the budget being based on the rate of 1260 the theory suddenly turned to "once they reach 1260 then we will see the reval". this theory looked promising to some when they continued to hold the rate at 1260.

Now the rate has moved past 1260 and we look to be on track for the 1000 to 1 stated as the goal for the end of the year.

Now, tell me which makes more sense. A sudden reval to 1:1 or 1:$3.31 or whatever number you want to throw in there.

or

as stated by the CBI, 1260:1 by mid-year, 1000:1 by the end of the year followed by the continued increase in value for the following 2 years (again stated by the cbi) until the dinar is on par with the dollar?

Does it not seem strange that the moves planned have been 210- 260 dinar in a set period? at that rate the dinar will be at (approximately) 750:1 by mid 2008, 500:1 by the end of 2008, 250:1 by mid 2009, and 1:1 by 2010.

It's amazing how that fits into the CBI's stated goals.

If I am wrong in any of my analyses please let me know, an I don't want arguments based on rumors or feelings, but straight fact.

Thank you.

Best post I have seen in a long time!

Originally Posted by RollsRoyce

Check the News Thread . . . we may have the *Monkey- Wrench* I was afraid of . . . Bummer . . . unless it's another re-dated item / lest / I be to optimistic . . .

Best . . . RR . . .

i must have missed it, can you post the link from the news thread? all i see over there is woots and kisses from sgs, mixed with other positive news items....?

Originally Posted by RollsRoyce

Check the News Thread . . . we may have the *Monkey- Wrench* I was afraid of . . . Bummer . . . unless it's another re-dated item / lest / I be to optimistic . . .

Best . . . RR . . .

from what im getting from my sources this is small potatoes HCL and 140 were the biggies all i son track FOR NOW but you know how that goes!!