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Thread: My Prediction.

  1. #31
    Senior Member Bungalobill's Avatar
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    Quote Originally Posted by Traveler View Post
    Once you've bought stock, you no longer have Dinar. You have shares of stock.

    The value of your investment is based on the value of the company you invested in. The value of your stock doesn't have anything to do with the value of the Dinar.

    If the value of your stock is expressed in fewer Dinar, after a significant reval, in order to reflect the new strength of the Dinar vs the U.S. dollar, you won't have lost anything. You just wouldn't earn the windfall profits that Dinar holders would.

    And thats why big ISX holders are praying for no reval (or slow-grow at best). Ive played this game by holding equal parts ISX and dinar. Thats what just made the best sense, so Im covered either way.

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    Default Good luck, tomorrow.

    Quote Originally Posted by Bungalobill View Post
    And thats why big ISX holders are praying for no reval (or slow-grow at best). Ive played this game by holding equal parts ISX and dinar. Thats what just made the best sense, so Im covered either way.
    I hope you make a big score in the ISX, tomorrow!

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    Senior Member Bungalobill's Avatar
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    Quote Originally Posted by Traveler View Post
    I hope you make a big score in the ISX, tomorrow!

    Personally, I hope the thing does a double-secret and extra-large reval tomorrow. My plan was always to just sit on the stocks and eventually hand those over to my kids. Its going to be difficult pre-electronic trading to short any stocks and make good money out of it. I also think the ISX initially will be very volatile, and will resemble a bungee-jump until there is stability over there. ISX opening to foreigners is about 2-3 months too early IMO, unless there is more going on internally with the economy than we know about. But hey! I love surprises! Good luck to you too!!

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    With a decent RV, I plan to engage in teaching the pro's and con's of MLM and by that I mean Multi Level Management. Being a Capitalist is not enough in a world of greed and misrepresentation by those in leadership positions.

    All of those who will gain, will also lose if the financial world falls apart. Complacency and apothy will only kill all progress.

    So, come on Iraq, do the RV thing so I can start setting up around the country to teach people who will listen that business is business, and not get rich quick BS.

    It truly amazes me the people who think all will be okay just because they stand a chance of becomeing wealthy. It is not about any single person in this world; it is about the fact we are all interdependent upon each other.

    One of the best books I have read recently about our Government, Representatives, CEO's and big business/ money, is Lou Dobbs, "War on the Middle Class!"

    Don't take my word for it. Read it and try to prove him wrong. I have said much of the same thing for years but most have fallen on deaf ears.

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    Default Investments

    Quote Originally Posted by Traveler View Post
    Once you've bought stock, you no longer have Dinar. You have shares of stock.

    The value of your investment is based on the value of the company you invested in. The value of your stock doesn't have anything to do with the value of the Dinar.

    If the value of your stock is expressed in fewer Dinar, after a significant reval, in order to reflect the new strength of the Dinar vs the U.S. dollar, you won't have lost anything. You just wouldn't earn the windfall profits that Dinar holders would.
    It really amazes me how many people still think the Stock Market (any) is investing. Sorry folks, it is not investing as it is speculaton and that is either Calculated Risk for those who understand it, or just plain Gambling for those who have no clue.

    If the Stock Markets were investing, your certificates would have guaranteed returns. Show me any stock certificate that has a written guarantee.

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    Quote Originally Posted by Lucky142 View Post
    One of the best books I have read recently about our Government, Representatives, CEO's and big business/ money, is Lou Dobbs, "War on the Middle Class!"

    Don't take my word for it. Read it and try to prove him wrong. I have said much of the same thing for years but most have fallen on deaf ears.
    Lou Dobbs is one of my favourite Man of The Year for Financial Fields he specialize in!!!

    Have U confirmed or R U satisfied with answer to your post? Click the "Thanks" button to show it.


    My new Android experience, the>> Samsung S2 & this special>> APP to go with it.

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    Senior Member Bungalobill's Avatar
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    Middle class used to be something to strive for, and in a word, success. Nowadays, its a joke, and you might as well be on welfare, its nothing you want to tell your college buddies about. And what is middle class? Maybe a job for 20 bucks an hour? A house in a cheezy subdivision? Bills out the wazoo? Not being able to set up for a decent retirement? Middle class is no longer success, it is failure! Maybe riches and disdain for the middle class are a media driven ideal, thanks to MTV Cribs, Lifestyles of the rich and famous, ridiculously rich sports stars. Maybe its the various neighborhoods that seem out of place where you drive by and say (How do they afford that around here). But the bottom line is, the Middle Class is getting squeezed out in this country, and we are quickly approaching something resembling Mexico. Whats the alternative? Canada? Sweden? Denmark? Maybe some want that as well, but I want RICHES- BEYOND!! Thats why Ive invested in Iraq!! But until then, Ive still got my job.. And luckily it isnt Middle Class. Good luck to all investors out there!
    Last edited by Bungalobill; 02-08-2007 at 01:01 AM.

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    Talking This has all the markings of good death and taxes rant.

    Quote Originally Posted by Lucky142 View Post
    It really amazes me how many people still think the Stock Market (any) is investing. Sorry folks, it is not investing as it is speculaton and that is either Calculated Risk for those who understand it, or just plain Gambling for those who have no clue.

    If the Stock Markets were investing, your certificates would have guaranteed returns. Show me any stock certificate that has a written guarantee.
    I'm open-minded. The Iraqi "Speculation" Exchange works for me.

  9. #39
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    Personally I don't think there will be a big RV but we will have to wait on the slow growth. Invested in both dinars and ISX. I will be glad to be rich later than never but do hope I'm wrong. Waking up tomorrow to being wealthy is not a problem!
    Rich and sexy.

  10. #40
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    no rv before aug. 2...............slow growth Imo of course

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