Hey Ching how are u feeling these days about the dinar? I remember you were a very pro Rv. Would love to hear your thoughts going on now. Are you still a 1-1 Rv or you leaning to the slow grow.
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I'd be happy with 1:1.
on the ship or get off no worries be happy
cha ching
Overnight 1-1 or more. I cannot endorse slow grow because I haven't seen slow grow yet. Between August 20 and Sept. 3rd it moved one point. Last week we got 2 points. That averages out to one point a week. July we averaged 1.5 points a week and June one point per week. This is not "slow grow", a one point drop a week on average equals "No Grow".
Yes, but to go from 1470:1 to 1235:1 is roughly a 16% gain.
Hardly a "no grow" performance at all.
And I just noticed that the CBI didn't update the exchange rate page today. Still has 9/13/2007 as the last auction.
In the past this would light up the rumor machine! No such hype anymore as we have been lulled to sleep and nothing surprises us anymore.
IMHO this is what they want. They want the forums to quiet down. They want to establish a "status quo" if you will.....
Then WAMMY! You're rich!
*beep beep beep.......**** Damn! Alarm clock woke me up again!!
Yea it may be a pathetic point here a point there, but none the less it a tick in the upward direction. So how can you say its not slow grow from 1470 to where we are at now? I appreciate your response and thoughts. I think the wool is still pulled over your eyes but thats my opinion and dosent mean much. I agree with hardwood in that things sure have calmed down and maybe we could be in for a surprise but I don't think so and Im not counting on it. Tank
I thought about the 16% "growth" but the only way I can look at it is the value is so low that 16% of nothing still equals nothing. When we need a couple thousand percent to give us over 1:1 then 16% during the year is hardly slow growth and it's definitely not growth.
edited sorry.
16% of a $1Million investment is a $160,000 return on investment. If you had $1Million worth of Dinar, you'd be UP a cool $160K.
Because our investment (in dollars) is relatively low in perspective, the returns aren't so large.
16% ROI is an investors "Win". Especially in less than two years.
We do not need "a couple thousand percent" to give us over 1:1 either. Right now we need an increase in value equal to 100% of 1235 dinar. So far we've had an increase of 16% of 1470.
Hope that helps see it better.....