Thread: "RollsRoyce . . . June 25 Tidbit!"

Heck, I would love a 1:1 to start. That would be my wildest dream come true.

Originally Posted by DesertWolf

I have read that at present the GOI, can back a RV up to $6. USD with existing gold & other assets without touching their oil reserves. Crunch the numbers here. For every 1M USD spent on building and other supplies now, after the RV (if even at a 1:1 rate) they will have over paid by $1.249 Billion. It goes to reason the sooner the RV and the higher the RV rate (3.26, 3.45, or even 5.26) the better it is for the Iraqi people, the GOI, and the Iraqi Banking system.

DesertWolf

Did I mention us too?

plus the number of people willing to stur up s**t will decrease. JMO!

Originally Posted by RetMil

Heck, I would love a 1:1 to start. That would be my wildest dream come true.

Yours and Mine both. I am expecting at least that. From all the research, from everyone from everywhere, there is alot of facts and support for anywhere between $0.32 and &5.26, And that is alot of Dinars Investors. lol

Originally Posted by neno

Yours and Mine both. I am expecting at least that. From all the research, from everyone from everywhere, there is alot of facts and support for anywhere between $0.32 and &5.26, And that is alot of Dinars Investors. lol

Which brings to mind that little blooper of an email from Safe Dinar.........hey, $.25:1 or $5.26:1, you'd hear me from Texas!

Originally Posted by DesertWolf

I have read that at present the GOI, can back a RV up to $6. USD with existing gold & other assets without touching their oil reserves. Crunch the numbers here. For every 1M USD spent on building and other supplies now, after the RV (if even at a 1:1 rate) they will have over paid by $1.249 Billion. It goes to reason the sooner the RV and the higher the RV rate (3.26, 3.45, or even 5.26) the better it is for the Iraqi people, the GOI, and the Iraqi Banking system.

DesertWolf

Did I mention us too?

Well I do have to hand it to you...you certainly dream big. Unfortunately your dream is unattainable...for now. The logistics for a revalue is chaotic enough without pressuring the economy to the upper limits right from the start. I seriously doubt that the Iraqis have enough to revalue their currency to $6 nor would the CBI and Shabibi be willing to take such a risk. As shotgunsusie stated earlier..."we shall see" .

Happy dreaming.

My thoughts

I would think i had died and gone to heaven with a $5.26:1 ratio, Most of all I would then be set for the rest of my life. YA Got to love the imaginative post here. BOB

A few years back we rented one movie and found out that when we got home that it was the wrong movie. The movie was called “Waking Ned Devine.” In short it was the story about the little Irish town of Tully Moor where one person dies from shock (May I add with a S*** eating grin) when he finds out that he has won the Lottery and how the town folk try to clam the winnings. A GREAT movie with a surprising ending!

So my point being, just how many emergency rooms will be filled with IQD investors when the IQD is RV at or over $5.2631 USD? One thing is for sure, they will be able to pay the bill!


DesertWolf

woooooooooot!!

I'll take 5.26 any day!!!

Originally Posted by snottynose

I'll take 5.26 any day!!!

I THINK I COULD HANDLE THAT ONE TOO!!!
WOOOOOOOOOOOOOOOOOOOOOOOOOT