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

dddd,
i don't believe for one second you mean what you said about betting the farm. I pray no one has put ANY money into this that they can't afford to sit on for a while. That is why we only have a mil. and bought that little by little.

If you have two farms, sure, bet one. don't put all of your eggs in one basket.

chinger where is your rebuttle against breakevens article ..it would be nice if u could prove him wrong and would find it interesting as im sure other members as well. Looking forward to your follow up ..tank

Originally Posted by breakeven

I've been wondering where you were...my posts weren't being picked on for some time now! I was in Kuwait during the invasion and the aftermath....I do not recollect any drastic fluctuations in currency that are being fed to us. In the case of Japan, allow me to provide the following article for your kind perusal.

And allow me to give you first hand experience. When I walked into the bank to exchange some dollars for yen I received half what I received the day before. When I questioned the amount the teller pointed at the exchange rate board and where 250 was posted the day before was now 125. Now my boss did great he had tons of yen and he doubled his value overnight. This is the main reason I left Japan and went to work in our Philippines office. 20 pesos to the dollar lowered my cost of livng dramatically and the Philippines improved my quality of life. And that B-E you can take to the bank.

Quick question for you B-E. When you cash your dinar in do you think you'll get the CBI rate?

Originally Posted by dinartank

chinger where is your rebuttle against breakevens article ..it would be nice if u could prove him wrong and would find it interesting as im sure other members as well. Looking forward to your follow up ..tank

Sorry for the delay I thought I'd play some backgammon by the pool for awhile. I actually do have a life.

When I was in Okinawa it went up and down from .98 100 120 134 I think it was back to about 104 when I left. I thought it stunk! Housing was expensive electricity was out of this world when we lived off base, sushit was the only thing reasonable! even rice was very expensive off base!

Originally Posted by Dinar Cha Ching

And allow me to give you first hand experience. When I walked into the bank to exchange some dollars for yen I received half what I received the day before. When I questioned the amount the teller pointed at the exchange rate board and where 250 was posted the day before was now 125. Now my boss did great he had tons of yen and he doubled his value overnight. This is the main reason I left Japan and went to work in our Philippines office. 20 pesos to the dollar lowered my cost of livng dramatically and the Philippines improved my quality of life. And that B-E you can take to the bank.

Quick question for B-E. When you cash your dinar in do you think you'll get the CBI rate?

I would like to remind everyone to keep in mind that just because a currency exchange site does not reflect a value that was seen on the ground it does not mean that the value never was. The Kuwait charts do not show the correct value from the time of the drop and reinstitution of the rate, just as the currency exchange rate sited o not reflect the current value of the IQD as posted by the CBI.

Originally Posted by GerttiDinar

I would like to remind everyone to keep in mind that just because a currency exchange site does not reflect a value that was seen on the ground it does not mean that the value never was. The Kuwait charts do not show the correct value from the time of the drop and reinstitution of the rate, just as the currency exchange rate sited o not reflect the current value of the IQD as posted by the CBI.

You're right it's just like a stock price. You could buy a stock at twenty dollars and it could close at 10 or 30. That doesn't mean it didn't hit 20 at the time you bought it.
When you look up its historical prices you'll only see it's closing price.

You're right on the money GerttiDinar

Originally Posted by Spoiledred

When I was in Okinawa it went up and down from .98 100 120 134 I think it was back to about 104 when I left. I thought it stunk! Housing was expensive electricity was out of this world when we lived off base, sushit was the only thing reasonable! even rice was very expensive off base!

Now that sounds like some nasty stuff!!

Originally Posted by Pegasus

Now that sounds like some nasty stuff!!

lol
It is, trust me.

I was hoping you would come back with something concrete to substantiate your statements. Until such time, I know what I am inclined to believe given the article I furnished. Thank you for taking the time to debate.

Originally Posted by Dinar Cha Ching

And allow me to give you first hand experience. When I walked into the bank to exchange some dollars for yen I received half what I received the day before. When I questioned the amount the teller pointed at the exchange rate board and where 250 was posted the day before was now 125. Now my boss did great he had tons of yen and he doubled his value overnight. This is the main reason I left Japan and went to work in our Philippines office. 20 pesos to the dollar lowered my cost of livng dramatically and the Philippines improved my quality of life. And that B-E you can take to the bank.

Quick question for you B-E. When you cash your dinar in do you think you'll get the CBI rate?