Thread: Reval This Weekend

Originally Posted by karinc

Ok, seems as I may have missed out...
I haven't bought any dong as I really don't have any spare money...
And because of that I haven't followed the dong forum either, even though I alsways planned on buying dong - later! But now maybe I waited too long...
So you all think this will hit before the dinar? Then, if it doesn't reval during the weekend, I will buy some on Monday.
What kind of profits are you expecting? Say if I buy one million dong, how much do you expect it to be worth after reval?
/Karin

The range folks have said concerning the Dong is believed to be between .01-.0625 USD With the currency so cheap it's worth getting your toes wet.

Originally Posted by karinc

Ok, seems as I may have missed out...
I haven't bought any dong as I really don't have any spare money...
And because of that I haven't followed the dong forum either, even though I alsways planned on buying dong - later! But now maybe I waited too long...
So you all think this will hit before the dinar? Then, if it doesn't reval during the weekend, I will buy some on Monday.
What kind of profits are you expecting? Say if I buy one million dong, how much do you expect it to be worth after reval?
/Karin

Go to the home page of nammoney.com
Halfway down the page are samples of the projected value increases of 1 million Dong. The more you buy, the better your eventual return.
Like any other investment, you have to wait and see if it sinks or swims.
(We prefer the latter!)
I suggest you place your order here for your Dong purchase. It should arrive by 1 May.
Good luck.

Originally Posted by Offshore-Wealth.com

Greetings HH,

I invest in several venues, always researching what's hot and what's not, so it depends what you are looking for. I research energy related investments for obvious reasons, so with all that is going on in the world over energy, this is a hot market. One of my favorites at the moment is uranium as it is now well defined that supplies cannot keep up with demand, both current and over the next ten years, so plenty of room for more profits.

Not to bore anyone here given it is not Iraq related, but with Iran moving into nuclear arena faster than anyone wanted to admit, it will have an impact on Iraq and the world, so it is worth knowing for all who are concerned about the trends in energy which impacts us all.

Good luck and health to all, Mike

Thanks Offshore-Wealth. Have to do some DD on uranium but makes sense.

Originally Posted by notazbad2000

I am saying you can count on it!!!

And will be out of business at the same time at that rate!

Originally Posted by notazbad2000

I am saying you can count on it!!!

Hi, I know Ali is an honorable fellow, he's proved that by not following the group of dinar dealers who wanted to screw their customer base by lying about a reprint rumor and in country RV, getting them to open Warka accounts and making money on both sides of the deal at your expense. so Kudos Ali!

That said, how could anyone expect the man to fork over product that cost him more than he would be selling it for?

I read that he's waiting on 8 billion. that's a half million US. Think about it, at .01 cent RV he'd be taking nearly a ten grand loss on each million. He's not going to do that and who would blame him? Not me.

I would say NO lop. Due to strong economy, plus we are still going to have low exchange rate 1 to 6 cents...............

GOT DONG I DO!

Originally Posted by wciappetta

Hi, I know Ali is an honorable fellow, he's proved that by not following the group of dinar dealers who wanted to screw their customer base by lying about a reprint rumor and in country RV, getting them to open Warka accounts and making money on both sides of the deal at your expense. so Kudos Ali!

That said, how could anyone expect the man to fork over product that cost him more than he would be selling it for?

I read that he's waiting on 8 billion. that's a half million US. Think about it, at .01 cent RV he'd be taking nearly a ten grand loss on each million. He's not going to do that and who would blame him? Not me.

Ali has already paid his low rate for that 8 billion Dong that is already in the pipeline shipped to him, so he will still be in profit by selling to us at his going rate as of today. Any purchases he makes at the r/v rate in the FUTURE will be affected. I am surprised you could not comprehend this, LOL.

I'm not sure if I follow the senario correctly that's being discussed here but, I would imagine that Ali would only be honoring orders that have already been placed with him at the current rate of exchange any other orders after the revalue would obviously be at the new rate. It would be no different if you were to place an order with B of A on one day and the next day before the order was able to be shipped the rate changes in the order placers favor, the bank is still going to honor the rate at which was agreed upon at time of sale. The rate is locked in at the time of order, unlike when you place a market order with your broker to purchase a currency contract in the futures market where you can reasonably expect some slippage in the price or rate at which the order was originally placed, sometimes in your favor, sometimes not.

Originally Posted by Heres-Hoping

Thanks Offshore-Wealth. Have to do some DD on uranium but makes sense.

Where should one look to invest in uranium?

I spoke on the phone with Ali today. He called to answer my question about the RolClub discount....which I figure he didn't really HAVE to do since he had already sent me a Confirmation notice with the proper amount, BUT HE DID. I told him that I was so pleased to be able to get this order and he told me how much he appreciated everyone here at the RolClub. I tell ya, what a SINCERE, NICE guy! I've spoke to a couple dealers that left more to be desired, and Ali is a class act. He is right up with my 'Charlie' from Pennsylvania! (and I REALLY like my 'Charlie'! ) I told Ali that my check is in the mail and he told me that my order will be sent out May 1st, and I believe him.