Thread: Isx

Originally Posted by bluezzguy

Munny,

As you can see, I do not post much. Why isn't this getting more attention?

My opinions...

First, many of the stallwarts of this forum have left, or moved to the sidelines.

Second, perhaps there is a general confusion on what to make of how the GOI and CBI look at the opening of ISX. WILL it eventually wind up crashing? There are credible arguments on both sides for rv and against rv before the ISX opens. I'd like to believe those who think an rv is necessary before 8/2, but I am not sure I am not looking through dinar colored glasses.
It sure seems logical that if 49% of any stock can be bought up so cheaply, savy investors and traders could manipulate the market, and cause major harm to many of the companies.

Having said that, watching the swirling vortex that is the GOI, with all the non action on crucial laws, and the mess that Iraq is politically and security wise, it seems like the CBI has a very convoluted set of circumstances affecting what it is doing and wants to do.

A lop some time after 8/2 if there is no rv? I am no expert, but would a lop do them any good whatsoever? It would not give them the buying power for imports that they need.

It sure is very difficult to figure out what their intentions are, yet, it seems that they would do what is very best for Iraq's future success,and would be following the lead and direction of the IMF and World Bank.

I'd like to think that an rv is needed before 8/2, but time is short. If it does not happen, I am not sure what to make of the short term future of the dinar.

I see you saying 1:1.. that sure doesn't jive with your model...

Randy

Thanks for the reply, Randy. First off I guess I wasn't clear in my post. I still fully believe the mechanism of IQD value growth will be what we've seen for 7 straight months, Slow Grow. And I still believe the eventual target rate is in the pennies, nickels, or dimes level. I'm saying IF there is to be a large overnight Bold Adjustment it has to be before the ISX opens, whether it is 1:1 or any of the other large value theories out there in Dinar land. If an extreme large 1:1 type adjustment is made AFTER ISX opens you'll see a massive "sell-off" and the ISX crash. Thus logically if there is a 1:1 a Zero Lop would go along with it to keep the ISX stable (btw I don't believe either 1:1 or Zero Lop will happen). To me this seems like a bench mark date, if it holds.

As far as market manipulation should the stock prices stay this extremely low, there could be "some" of that (as in any market or penny market) but the F.I.L. will quell large type scams. I'm very surprised at the 8/2/07 date. If Slow Grow holds at the current pace we may only be at around 1235/1240 levels by then. This puts the ISX at an "out of sync" start in the Middle East as compared to their neighbors. All we can do is wait and see, but as of tonight the official ISX webpage still says Foreign investment starts on 8/2/07.

Originally Posted by bigopie

I would not be surprised at all that come August 2 the ISX opening will be ''DELAYED'' once more....this is a government that for one reason or another just can't seem to get it right.....even an RV of lets say one cent would help their people immensely while they haggle over these laws that they can't get enuff people to vote on....IMHO...Pat

I have to agree with you, Bigo. I can't see any way they can open the ISX with a currency exchange rate at 1230/1240 levels. Thus there has to be some sort of "Bold Adjustment" or a delay. I suspect a long delay of at least 6 more months. By then the "surge" should be showing some surprising results (according to some military peeps I've talked to). I've always felt that we have to be at a minimum closer to the penny levels (maybe the 500/600 range) for a successful ISX. We'll just have to wait and see what happens. In any case this has been a good discussion and I thank all who have participated thus far. Any other ideas on this are of course more than welcome. The wider the thought process the better we can come to a consensus.

Originally Posted by MunnyBaggs

I have to agree with you, Bigo. I can't see any way they can open the ISX with a currency exchange rate at 1230/1240 levels. Thus there has to be some sort of "Bold Adjustment" or a delay. I suspect a long delay of at least 6 more months. By then the "surge" should be showing some surprising results (according to some military peeps I've talked to). I've always felt that we have to be at a minimum closer to the penny levels (maybe the 500/600 range) for a successful ISX. We'll just have to wait and see what happens. In any case this has been a good discussion and I thank all who have participated thus far. Any other ideas on this are of course more than welcome. The wider the thought process the better we can come to a consensus.

The way that I see it, as an uneducated investor, the isx can not open with out a reval because foriegn investors could buy up Iraq for literal penneys on the dollar, but to announce a reval to soon before the isx open could be equally dangerous as every foriegn investor could potentially cash in prior to them going on line internationally. In my mind (remember it is uneducated as far as investments go) the rv will happen almost immediately prior to the isx going on line, that way the Iraqi people and government do not lose anything.

Originally Posted by texasaggies

The way that I see it, as an uneducated investor, the isx can not open with out a reval because foriegn investors could buy up Iraq for literal Penney's on the dollar, but to announce a reval to soon before the isx open could be equally dangerous as every foriegn investor could potentially cash in prior to them going on line internationally. In my mind (remember it is uneducated as far as investments go) the rv will happen almost immediately prior to the isx going on line, that way the Iraqi people and government do not lose anything.

Dito! My sentiments exactly; and after watching C-Span tonight I know we won't see an RV for a while.

I was very impressed with several of our Senators as they gave an overview of progress in Iraq. John McCain, Joe Lieberman, and Lindsay Graham gave facts rather than preach defeatism.

The bad news was, in s*p*i*t*e of the al Queada being placed on Notice by the Sunnies and other Iraqi's, the Government is at a standstill. The comment made was it would be good to see a re election of officials, but that is not going to happen immediately. Thus, if they watch and listen to the words of Senator Biden and Barbara Boxer, they just might get the idea they better get their act together.

Many in Rol Club probably can't make it financially until this RV happens. I, for one can't hold out unless my MLM program starts working better, but with the Complacency and Apathy I see along with the ignorance about the business world, I may have to keep watch from a distance, until the RV does happen, or until I pay off my mortgage, which ever comes first.

It all should be so easy, but; well most know the feelings. For me, there is no going back or quitting until the rug is pulled out from under.

I am thankful to see some of our Senators talking facts and putting into perspective the needs and the threats. Again, I don't expect an RV until we see the Iraqi government start working together.

Originally Posted by MOM2TWO

WOW!! Thanks for finally putting that into plain English for us. Great Post!!!

I for one, am a bit nervous about the ISX opening. If it does actually occur on 8/2 without an RV, I think that the dinar will lose a lot of focus for numerous people. Although I don't wish for another delay, I would definately take a tardy ISX opening,to it happening without our bold adjustment!

If the ISX opens on time and the dinar does lose focus so be it. Maybe, just maybe the people would finally go ape s**t over the dinar not being worth much. And these little 1 pip per week deals is not working. If that happened, then the attention to their currency and inflation may be addressed in a proper manner. Such as REVALUE. Wishful thinking on my part......

i can't believe this thread is dying!!!!! This is the MOST important question that needs to be asked and answered for us to know if this thing is going to reval or not..... As i see it, there are ONLY 3 things that can and will happen on or before 8/2:

1) It will reval BEFORE the ISX
2) The ISX will be delayed
3) The ISX will open at current rate and LATER, MAYBE reval with a reverse split.......

As i see it, the probabilities of these things happening, from best to worst are 2,3 and then 1.... I still need opinions from people like mike52,neno, osw,osw,kiko,moto,wknowles, rr, and ANYBODY with knowledge or boots on the ground...now it THIS were to happen, it should be in the think tank......

thanks,

hunter

If you go to IFF and look at past post from regenpower you will see that he stated the dinar would revalue when the ISX opened. His source was an american lawyer that worked to rebuild the central bank sysytem in Iraq. Michael Silva. Little Silver banker aids rebuilding of Iraq Lawyer tells of working in Saddam Hussein’s palace BY LAYLI WHYTE Staff Writer

I think he was the only guy/guys who were spot on about the revalue.

Originally Posted by moneyhunter

i can't believe this thread is dying!!!!! This is the MOST important question that needs to be asked and answered for us to know if this thing is going to reval or not..... As i see it, there are ONLY 3 things that can and will happen on or before 8/2:

1) It will reval BEFORE the ISX
2) The ISX will be delayed
3) The ISX will open at current rate and LATER, MAYBE reval with a reverse split.......

As i see it, the probabilities of these things happening, from best to worst are 2,3 and then 1.... I still need opinions from people like mike52,neno, osw,osw,kiko,moto,wknowles, rr, and ANYBODY with knowledge or boots on the ground...now it THIS were to happen, it should be in the think tank......

thanks,

hunter

Originally Posted by Inscrutable

If you go to IFF and look at past post from regenpower you will see that he stated the dinar would revalue when the ISX opened. His source was an american lawyer that worked to rebuild the central bank sysytem in Iraq. Michael Silva. Little Silver banker aids rebuilding of Iraq Lawyer tells of working in Saddam Hussein’s palace BY LAYLI WHYTE Staff Writer

I think he was the only guy/guys who were spot on about the revalue.

There was someone posted in here couple of weeks ago that said the RV would happen the same time the isx opens up. Just don't remember who it was that posted it.

Originally Posted by Inscrutable

If you go to IFF and look at past post from regenpower you will see that he stated the dinar would revalue when the ISX opened. His source was an american lawyer that worked to rebuild the central bank sysytem in Iraq. Michael Silva. Little Silver banker aids rebuilding of Iraq Lawyer tells of working in Saddam Hussein’s palace BY LAYLI WHYTE Staff Writer

I think he was the only guy/guys who were spot on about the revalue.

Thanks for the interesting info Inscrutable. I cannot look up old posts over there.. how long ago did regenpower post that?

Randy

I think that was posted around August '05. Sometime in the second half of '05 I believe.