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NO IM NOT INTERESTED IN POSTING ON A FORUM THAT IS RUN ON RUMORS. FACT IS THE FOUNDATION FOR SUCCESS WITHOUT IT YOU WILL CRUMBLE. ILL STAY AT www. investorsiraq .com WHERE THE FACTS ARE.
[QUOTE=ATMCSMD;219114] Anyone who thinks they will eat dinner one night with $10,000USD invested in NID and then eat lunch the next day as a multi-millionare is living in a complete and total fantasy land. QUOTE] :yak::yak:
I think what is bothersome is that you keep repeating your opinion as a reply to every post.
Your statement above is more of a putdown than an opinion...I know of several investors who've woken up millionaires through various investments. I can offer one example of a lady who bought land in Arizona for 100K and two years later is sold it for 6.2 million. Fantasy land? Only in YOUR dreams.
I have invested over 7 times more into the NID than you, and if that gives me any kind of rank, my opinion is, now that we've been presented with your opinion so many times...how about taking a break? We've heard it..we get your point..thaaank you, let it go already.
:nono:Looks like we have gone from some good info and positive thinking to just plain kindergarten BS. RR started this thing out and it was great so why dont you children put your heads back on the desks until its time for the finger painting:nono::rant:
actually, the last 3 years were tactics to lower the inflation rate which include raising the rate of the dinar but that didnt start until they had raised interest rates repeatedly forever. november 11th,2006 is when it began to register on the cbi that the dinar was moving. whether that movement had anything to do with investment or interest rate lift or the dollar decreasing in value remains a point of contention. so no, thats not adequate proof unless you can show unequivacly that the dinar was being artificially raised slowly as a technique for revaluation.
[QUOTE=Valuedcheese;219139]NO IM NOT INTERESTED IN POSTING ON A FORUM THAT IS RUN ON RUMORS. FACT IS THE FOUNDATION FOR SUCCESS WITHOUT IT YOU WILL CRUMBLE. ILL STAY AT www. investorsiraq .com WHERE THE FACTS ARE.[/QU
I am pretty sure this post violates one of the forum rules...one strike...my prediction is that you are gone shortly...enjoy the "other" forum you are so fond off!!!:rant:
what happened did this tread get mixed up with the other one, against the grain i thought i was in rolls royce thread:mad3::wigged:
I have been here since PIPS, and for the last 2+ years it has been this way. Someone (doesn't matter who they are or what they post) can post good news or info, and someone, usually more then one, will come in and see how much disruption they can cause before they get banned. Or they will be borderline until the heat starts to get turned up under them then they sneek off for awhile til it cools down. but they always come back. Why? I don't know, maybe they like being miserable and think everyone else should enjoy it with them.
Well I guess I can't say anything without causing a bunch of crying and pouting. Carry on with your fantasy and making each other feel warm and fuzzy by talking about the imaginary millions you will have and how drunk you're going to get in the Caymans at the RV party. I won't express my opinion anymore if it makes you all cry. I'll just sit back and read and have a good laugh now and then while waiting for my REALISTIC return on my investment in a few years.
Promises, Promises!
Actually, I guess I should have said.. Rumors, Rumors! since this is the rumor thread. LOL
ya know, atm
i sit on the fence with the rv thing. Sometimes i totally see it happening. Other times, i am convinced it will be a slow (and painful) grow. Here's the thing....one of these will happen.
we can either choose to enjoy the ride, dream big, jump on the bandwagons, etc. or we can choose not to. we don't need to bash those who choose to ride the high tide hoping to become a millionaire overnight.
I was saying this yesterday to someone here. at this time last year, NONE OF THIS was even on my mind. Now that I have had the slightest NOTION that i could be a millionaire, I AM NOT LETTING THAT GO, I WILL KEEP ON HOLDING ON TO THAT THOUGHT....I MAY GET FRUSTRATED, IRRITATED, ANGRY, POUT, DANCE, WOOT, ALONG THE WAY, BUT THAT SHOULD BE MY PREROGATIVE. IT SHOULD BE YOURS, TOO.
Or, as Confuscious--his 3rd cousin twice removed--said in the Pips thread: It is better to have laughed first than to have never laughed at all.
Dream on. :beer:
Regards,
Thelema
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.
Hi, You keep coming up with these comments of getting some return (small) in a couple of years time without any concrete answers to back it up, yes I appreciate your opinion just the same as everybody elses, but please answer a few questions just for once, dont you think it will benefit the Iraqi people with a revalue ASAP, are you saying that de****e the HCL happening in the near future, the FIL due to be in place so that foreign investment will commence, the pension plan passed, more or less all Iraqs debt has been forgiven (China came on board today) and you still say it will not revalue for a couple of years, ON WHAT FACTS DO YOU BASE YOUR ARGUEMENT???.
Ya dude put your money where your BS is and give us proof of this theory.
thanks for your thoughts and your post. That is exactly what I mean by sitting on the fence. your analysis makes sense, and states exactly what CBI has stated, which is why i flop over to the slow grow side of the fence a lot of times.
My thoughts on the overnight RV, automatically reverting back to its previous level, well, these thoughts are fueled by the laws presently being passed/discussed/sent to parliament, etc. especially the hcl and if the dinar ever hit the forex, i would think it would RV before then. Hence...i'm on a see-saw with this thing.
I choose to be optimistic (most of the time, at least) with this whole thing, though. IT IS ALL ABOUT CHOICE. we can choose to bash and be pessimistic, negative, cruel, even downright ugly sometimes :nono: or we can choose to dream big, hope for the best, pray for the best, etc.
Excuse me? I've probably read more than you have or will. As for your post, nice rebuttal. Reminds me of when a dem, after saying Bush has handled the war all wrong, is asked "what would you have done differently?". The only reply you get is, "Bush did it wrong!".
The difference, Gertti, is that you have a theory to back up your opinion while ATMCSMD just calls us all stupid and makes up "I told you so" scenarios to gloat over how stupid he figures we'll look in future. That's not expressing an opinion, it's just being rude and childish.
Not that I'm buying your theory but it does have merit. It does fall in line with what's been happening so far - BUT - it doesn't take into account all the things that the Iraqi's (official) have been saying. We all know there are conflicting statements, announced actions postponed, old articles presented as new and contradicting what's just been said...
My point is that you have formed your theory about this and we have formed ours. Nobody will know until it's all over so, by all means disagree, but there's no room for behaviour like ATMCSMDs and some others.
Thanks Dolphin. All I asked in post was for everyone to take an objective look at the situation. I too hope for a reversion to the previous rate soon but everything seems to be pointing towards a slow increase. I think we will know for sure which way it is going to go if the HCL is passed and foreign investors are allowed in without a reval.
This is *AN-OPINION-PIECE* = [I.M.O.] & My read on the piece below is that they are just covering their respective Ar$$'s with this article . . . They have been *discussing* / & beating this to death for months . . . THERE CAN'T BE MUCH / IF ANYTHING / LEFT TO DISCUSS . . .
I see a VOTE very, very, quickly . . . in fact it may already have been voted on / If not / I doubt it will be tonight / it's already the middle of the night over there / although, I suppose / it wouldn't surprise me . . . At times they gather votes by messenger to peoples houses / & over the phone . . .
Here's an example of what I mean; "The official refused to identify the day of the draft sent to parliament, but he guessed that the parliament a draft bill oil scheduling next week." In the first paragraph we learn that they got it today @ 3:21 PM . . .
All my people, Indy in Paris & Joe & her Brothers in Kurdland are asleep . . . I won't hear from them till 5 am'ish Fri / they are all Catholics / not Islams / so they are active on the Friday / Sabath / but very few others in the area are active . . .
If / when / I hear anything of interest I'll be around . . .
It might be worthwhile to watch all M.E. news sources closely . . . something might slip out . . .