33 replies to this topic

[keepmwlknfny]

Thanks starlight. In the article you posted it says "The CBI has announced that it has finalized plans to remove three zeros from the Iraqi currency in order to revalue it." After removing the zeros they will revalue the currency. Hopefully @ or somewhere between .86 and 1.00. Everyone wins

Here is the thing....when most lops occur, the new currency has a higher value...which is where the RV comes in.....so yes, by Iraq lopping the dinar, there will be a RV, but it will not be profitable for us....

Its a neutral event....

So no one gets screwed out of anything....

[sxsess]

Here is the thing....when most lops occur, the new currency has a higher value...which is where the RV comes in.....so yes, by Iraq lopping the dinar, there will be a RV, but it will not be profitable for us....

Its a neutral event....

So no one gets screwed out of anything....

We would get screwed because we would make nothing out of the deal at the time. We would have to wait even longer for the currency value to naturally rise.

[keepmwlknfny]

We would get screwed because we would make nothing out of the deal at the time. We would have to wait even longer for the currency value to naturally rise.

Yea thats true, we wouldnt make anything....but at least we wouldnt lose all of our money lol...

[doctor robbins]

We would get screwed because we would make nothing out of the deal at the time. We would have to wait even longer for the currency value to naturally rise.

Iraq never told you that you were going to make money by buying dinar. The gurus did.

[sxsess]

Yea thats true, we wouldnt make anything....but at least we wouldnt lose all of our money lol...

Yes but I would be extremely pissed!! I hate being wrong.

Iraq never told you that you were going to make money by buying dinar. The gurus did.

I never thought that doc. I've been investing in stocks and currencies for years. I am prepared for any outcome. I dont listen to the gurus

[eastcreek]

Changing the currency allows a country reduce counterfitting, The terrorist will get destroyed if they start flushing tremendous amounts of the the current IQD. The GOI and the US will see everyone's movement and start to question how they got the money. Few bills make is easier for vendors, suppliers, and the citizens to transact everyday.

The ONLY reason a terrorist would counterfeit the IQD is if he was convinced it would RV at a rate high enough to make it profitable. Counterfeiting the IQD at it's current value is economic foolishness. It costs more (in fact a LOT more) to counterfeit than the stuff is currentyly worth !

Come on people, think !

[starlight]

Guess we all got side tracked again discussing a LOP..yuk! I wonder why people that believe in a LOP are here? No one is going to change my mind and I'm sure many others. So it's a wasted effort on their part. I'm into this win or lose.

[keepmwlknfny]

The ONLY reason a terrorist would counterfeit the IQD is if he was convinced it would RV at a rate high enough to make it profitable. Counterfeiting the IQD at it's current value is economic foolishness. It costs more (in fact a LOT more) to counterfeit than the stuff is currentyly worth !

Come on people, think !

Are you saying it costs more then 20 bucks to make one 25k note?

I highly doubt that.....no matter what the current value of the dinar is, their notes are worth something.....if you mass counterfeit 25k notes your gonna get over 20 USD for each one.....

Did you know that the 20 dollar bill is the most counterfeit bill made here in the states?

So what would be the difference?? Money is money....

Guess we all got side tracked again discussing a LOP..yuk! I wonder why people that believe in a LOP are here? No one is going to change my mind and I'm sure many others. So it's a wasted effort on their part. I'm into this win or lose.

Not side tracked....thats what Breitling is talking about whether he knows it or not....

And im pretty sure he doesnt by the way he is speaking....

[starlight]

Are you saying it costs more then 20 bucks to make one 25k note?

I highly doubt that.....no matter what the current value of the dinar is, their notes are worth something.....if you mass counterfeit 25k notes your gonna get over 20 USD for each one.....

Did you know that the 20 dollar bill is the most counterfeit bill made here in the states?

So what would be the difference?? Money is money....




Not side tracked....thats what Breitling is talking about whether he knows it or not....

And im pretty sure he doesnt by the way he is speaking....

No, but seriously, if you don't believe in the RV and believe in a LOP, why are you here?

[Powerofprayer]

Not really, we would break even. If we LOP, then its a one to one (.86 then we loose). When it revalues lets say to the $3's then we would make 3x our investment.

[keepmwlknfny]

No, but seriously, if you don't believe in the RV and believe in a LOP, why are you here?

I never personally have said that a RV cant and wont happen.....and I dont think its impossible....

According to the information availible as of now, no a RV of the magnitude we all expect will not happen.....

You can still see this investment for whats it worth and understand that a lop is possible and actually probable....but that doesnt mean you shouldnt be here....

Although it seems as if the CBI will lop, it doesnt mean they will or have to and there is always a chance for something better to come out of this....

Im hoping that for some reason this plan to delete the zeros will be cancelled and that we can see the CBI slowly and gradually raise the value of the dinar.....thats the kind of outcome we should be expecting anyway....you will not see the dinar go from 1166 to 1 dollar overnight....that wont happen....

But it seems as if you are saying that if you dont believe in being an overnight millionaire then you shouldnt be here....

[starlight]

I never personally have said that a RV cant and wont happen.....and I dont think its impossible....

According to the information availible as of now, no a RV of the magnitude we all expect will not happen.....

You can still see this investment for whats it worth and understand that a lop is possible and actually probable....but that doesnt mean you shouldnt be here....

Although it seems as if the CBI will lop, it doesnt mean they will or have to and there is always a chance for something better to come out of this....

Im hoping that for some reason this plan to delete the zeros will be cancelled and that we can see the CBI slowly and gradually raise the value of the dinar.....thats the kind of outcome we should be expecting anyway....you will not see the dinar go from 1166 to 1 dollar overnight....that wont happen....

But it seems as if you are saying that if you dont believe in being an overnight millionaire then you shouldnt be here....

Again, it boils down to, "Who really knows". I cannot say that every article I have read is saying this will be a lop as many people do. It does no good to think that imo. I appreciate the reply.

[umbertino]

Quote
So no one gets screwed out of anything....
End Quote
Except expectations.

[SocalDinar]

7-11-2012 Breitling: I completely agree with Med's explanation "RIGHT NOW THE DINAR IS 1166 BUT THE NOMINAL VALUE IS .00086 AND SINCE CBI STATED THEY ARE REMOVING THE ZERO FROM THE NOMINAL VALUE OR THE THOUSANDTH, THIS IS WHERE THIS THOUSAND TO ONE KEEPS POPPING UP, THE DINAR IS RECOGNIZED IN THE THOUSANDTH THE USD IS NOT. BY REMOVING THE 3 ZEROS OR THE THOUSANDTH POSITIONS, THEY ARE NOW BROUGHT IN LINE WITH THE NOMINAL VALUE OF THE USD. NOW WHAT IS THE CONVERTED VALUE AFTER THE REMOVAL OF THE ZEROS? 1.17 DINARS = 1 US DOLLAR OR .86 CENTS." That is how I see it. They are going to come in at a buck or completely ignore the new currency & new money supply & come in at a lower rate. We are at the mercy of the CBI. Print in September, distribute in January, just below a buck.

I really doubt this is Breitling giving a rate. He is just confirming another Gurus take on what the CBI is saying they will do. This confuses people into thinking the rate will be .86 to what we hold.
What Breitling believes is that the rate now is false ( dirty float ) .
Listen to Saturdays show At Min 1 to min 6 he talks about todays rate being false ( I agree ) and then goes into asking why they are going to the trouble of reducing the money supply if they were going to LOP.

http://breitlingcurrency.blogspot.com/2012/07/breitlings-saturday-talk.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+IraqInvestments+%28Iraq+Investments%29