50 replies to this topic

[Darin]

Weird!

I swear I read an artilcle yesterday stating the new currency would be released in Sept. of 2013
Now from reading this thread, claims were made for May and the CBI reps had to come out and call them false.
Now what Dinark posted shows Jan 2013

Its all rather amusing, because they keep everyone's heads spinning.

R/D or R/V, they sure seem to make it difficult to follow this... Why is it so hard to be straight forward? Hmm

[caz1104]

The same thing I posted for easy goes for you. Maybe you didnt notice but it was easy who came here attacking me.

It amazes me that you would come to the only section that reality is allowed to be discussed and whine and cry. Look, you have the whole main forum to hang out with "classy" people. Have fun with your Go RV crowd.

No whine & cry here this is not a see thru mirror. Did'nt attack just makin observations. And you are right about entering in the lop area, one needs to be very carefull. Best to all

[pocono]

Easy you can marry your dinar for all I care. Why is it when you cant win a debate you have to whine and cry?

Yes we will all lose if they RD and that is exactly what is occuring as we speak in Iraq. You see Easy redenominations are what countries with hyperinflated currencies do. Maybe you are beggining to feel silly for being the king of RV hype on this site for so long and now you want to take it out on me. How many friends and relatives have you hyped into spending their hard earned money on this "investrment"? I am willing to bet thats one of the reasons you want to attack me for speaking the truth. You simply cannot and will not come to terms that you have been wrong about this thing for all this time and have painted yourself into a corner so to speak. Time to walk across the wet paint because bashing me wont allow you to float over it.


Yeah I still have my dinar. Wanna buy it? 1200 per million.

You may have hit the nail on the head...I've often wondered about the motivation of that small group who violently defend an RV....while anything is still possible the level of animosity towards anyone not in agreement is simply incredible...I suspect there are two major influences the 1st being they're simply in too deep to accept that it appears to be falling apart and second they have dragged family,friends,co-workers and others into this mess and can't face the humiliation..
JMO

[TimS]

True. If we compare this article to the document I posted about Venezuelas RD then it becoms like I said "crystal clear" that Shabibi is planning a RD. Anyone who disagrees with that either doesnt understand how RDs work or are just completely delusional.

And we all know most people are delusional when it comes to this highly speculative investment....nobody wants to even discuss the possibilities of a lop or extremely minimal movement. If you're not saying the RV is coming tomorrow and it will be at least at $1, you are considered a debbie downer and get negged to death. I still see this thing as an extreme gamble which may never happen. I made my bet because the odds where in my favor for the minimal cash layout required....if it hits, I'm way ahead, if it doesn't, I can write it off as another loser that didn't hurt me financially.

What gets me is that the majority of people don't even want to talk about the chances it may not RV for a few years, if ever. It's like those people who set their clocks ahead 10 minutes so they aren't late....REALLY, you can actually fool yourself?????? Totally amazes me and amuses me at the same time.

I've said it before.....the 3 main parties are NOT working together. The news articles show this daily. There is no HCL and no completely seated GOI. We've got one of the most corrupt governments on the planet in control of what they see as an endless supply of oil/gas that the whole world must have and the dollars signs have them dizzy with greed. The politicians have shown no interest in doing what is right for the people and we have Iranian influences looming in our face. Every one keeps saying Iraq must RV, can't do business with a worthless currency, it will RV so they can join WTO.....blah blah blah. Fact is, it may NEVER RV because it is not necessary. Iraq can continue to do business in US dollars as they have been doing for a very blong time.

[Darin]

And we all know most people are delusional when it comes to this highly speculative investment....nobody wants to even discuss the possibilities of a lop or extremely minimal movement. If you're not saying the RV is coming tomorrow and it will be at least at $1, you are considered a debbie downer and get negged to death. I still see this thing as an extreme gamble which may never happen. I made my bet because the odds where in my favor for the minimal cash layout required....if it hits, I'm way ahead, if it doesn't, I can write it off as another loser that didn't hurt me financially.

What gets me is that the majority of people don't even want to talk about the chances it may not RV for a few years, if ever. It's like those people who set their clocks ahead 10 minutes so they aren't late....REALLY, you can actually fool yourself?????? Totally amazes me and amuses me at the same time.

I've said it before.....the 3 main parties are NOT working together. The news articles show this daily. There is no HCL and no completely seated GOI. We've got one of the most corrupt governments on the planet in control of what they see as an endless supply of oil/gas that the whole world must have and the dollars signs have them dizzy with greed. The politicians have shown no interest in doing what is right for the people and we have Iranian influences looming in our face. Every one keeps saying Iraq must RV, can't do business with a worthless currency, it will RV so they can join WTO.....blah blah blah. Fact is, it may NEVER RV because it is not necessary. Iraq can continue to do business in US dollars as they have been doing for a very blong time.

While I agree that your opinions may be right about the actions taking place within that region, I also must inform you that you also may be wrong. We are gathering our information from media articles which constantly contradict each other. We've seen dates for issuing the new currency bounce all over the place. We have seen dates for how long new & old will co-exist all over the place from 90 days to 3+ years. Cought it up to misinterpretations, mistranslations, opinion articles of optimistic & pessimistic authors, and possibly a misinformation campaign. Frankly, what we read, we may not know if we're interpreting correctly or are being misinformed on purpose. With all that said, it really makes it difficult to make a prediction or even follow this investment. It very well could be that both the CBI & the GOI are making decent progress but the media tends to throw information all over the place to create news. Maybe the media doesn't really have a great grasp of what is going on. We are talking about a corruptive region, so who says the media doesn't just print what creates a following.

You can keep an open mind, or you can simply take every bit of information with a grain of salt. But, I still argue the "best" source of information is from the surrounding regions & other three letter agencies. The information may not be as direct, it may even take more time to read, and it may not even pop up as frequent, but it may lead to less stress on trying to understand.

[dinarck]

All good points Darin. I would argue that until the new currency is printed and ready for distribution then at this point even the CBI is speculating on when the RD will start. We did see in an article today that the CBI firmly discounted the start of any RD process mid year (May). They correctly pointed out that the introduction of new currency would be done at the beggining of a new year. Of course everyone yelled smoke and misinformation but I dont see why. They were just stating the facts. It is suspect where the September or May dates came from in the first place but that is up for debate. My thought is if the CBI is not prepared for the RD by Jan. 2013 then we will have another full year of I told you so, its all smoke, why havent they done it yet if they are going to RD, and a whole year of imaginary RV predictions and hype.

[umbertino]

Quote
...because obviously if the outcomes is indeed an RD we will all lose!!! there no winner so all this time i have wasted and researched and profited nothing.
End Quote
I know... Very disturbing feeling.....We can only hope... Still.

[TimS]

While I agree that your opinions may be right about the actions taking place within that region, I also must inform you that you also may be wrong. We are gathering our information from media articles which constantly contradict each other. We've seen dates for issuing the new currency bounce all over the place. We have seen dates for how long new & old will co-exist all over the place from 90 days to 3+ years. Cought it up to misinterpretations, mistranslations, opinion articles of optimistic & pessimistic authors, and possibly a misinformation campaign. Frankly, what we read, we may not know if we're interpreting correctly or are being misinformed on purpose. With all that said, it really makes it difficult to make a prediction or even follow this investment. It very well could be that both the CBI & the GOI are making decent progress but the media tends to throw information all over the place to create news. Maybe the media doesn't really have a great grasp of what is going on. We are talking about a corruptive region, so who says the media doesn't just print what creates a following.

You can keep an open mind, or you can simply take every bit of information with a grain of salt. But, I still argue the "best" source of information is from the surrounding regions & other three letter agencies. The information may not be as direct, it may even take more time to read, and it may not even pop up as frequent, but it may lead to less stress on trying to understand.

you are right...I may be wrong, I hope I am wrong......my issue is that nobody wants to discuss the possibility that I may be right. Instead of admitting that the news and actions coming out of Iraq do not support an emminent RV as most would have us believe, all anyone wants to talked about is the RV will happen very soon. You get all these experts who twist every news article into an RV related issue, or posters who flood the site with 20 or 30 news articles at a time to imply that all this activity must have something to do with an RV when in fact it's just every day news from a country going through major political changes that have nothing at all to do with an RV.

I get the fact that Iraq is in a completely different position today than they were 2 years ago......but the current political facts do not support an emminent RV. Not even one to take place 6 months from now. The smoke and mirrors excuse has long since worn out its welcome......saying an RV is going to take place in Iraq within a couple of months is the same as saying our congress/president is going to work out a comprehensive budget that resolves the debt crisis, unemployment issues and national health care issue in a couple of months. If you live in the real world, you know this aint gonna happen. Well, the political climate is worse today in Iraq than ours is here....so why does everyone expect this RV miracle now??????

[dinarck]

you are right...I may be wrong, I hope I am wrong......my issue is that nobody wants to discuss the possibility that I may be right. Instead of admitting that the news and actions coming out of Iraq do not support an emminent RV as most would have us believe, all anyone wants to talked about is the RV will happen very soon. You get all these experts who twist every news article into an RV related issue, or posters who flood the site with 20 or 30 news articles at a time to imply that all this activity must have something to do with an RV when in fact it's just every day news from a country going through major political changes that have nothing at all to do with an RV.

I get the fact that Iraq is in a completely different position today than they were 2 years ago......but the current political facts do not support an emminent RV. Not even one to take place 6 months from now. The smoke and mirrors excuse has long since worn out its welcome......saying an RV is going to take place in Iraq within a couple of months is the same as saying our congress/president is going to work out a comprehensive budget that resolves the debt crisis, unemployment issues and national health care issue in a couple of months. If you live in the real world, you know this aint gonna happen. Well, the political climate is worse today in Iraq than ours is here....so why does everyone expect this RV miracle now??????

The craziest thing is a "RV" isnt even real. The best we can hope for is small changes upward in the exchange rate over time. Overnight jumps of 100,000% are fiction yet everyone spouts it off daily as imminet.

Great post by the way. +1

[umbertino]

The craziest thing is a "RV" isnt even real. The best we can hope for is small changes upward in the exchange rate over time. Overnight jumps of 100,000% are fiction yet everyone spouts it off daily as imminet.

Great post by the way. +1

I admit that common sense would have suggested that to me but I very humanly toyed with the thought of it being possible ( or very possible according to a lot of "experts")....Usually they will tell you that it appears that way ( impossible) only because the Iraqi situation is very peculiar and unique and never before an event of this magnitude has occurred , which ( they state) doesn't necessarily mean it's impossible.....So they usually say....

[pocono]

Yea exchanging 1000 old for 1 new is never good.....looks like no one really even saw that yet.....

Another statement,largely ignored,in the delete articles is that the opponents of the plan argue that the "cost of deleting the zeros outweighs the benefits"...
The CBI has estimated the cost of the project at 150 million which tells me that the expected financial benefits are less than that which can only be a redenomination..
IMO