Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content

GrahamB

Platinum VIP
  • Posts

    220
  • Joined

  • Last visited

About GrahamB

  • Birthday 05/17/1946

Profile Information

  • Gender
    Male
  • Location
    New Zealand
  • Interests
    Financial Independence

Converted

  • Biography
    Born last in the first half of last century. When to college in Tauranga, New Zealand, and joined t
  • Location
    New Zealand
  • Interests
    Reading, Music, Whistling, Achieving financial independence
  • Occupation
    Self-employed Management Consultant and entrepreneur
  • My Twitter ID
    GrahamB46

Recent Profile Visitors

4,031 profile views

GrahamB's Achievements

Newbie

Newbie (1/14)

  • One Year In
  • Week One Done
  • One Month Later

Recent Badges

-14

Reputation

  1. I have 5 Million in Uncirc 25,000 Notes. I will sell the at the price quoted by Adam (less the extra $10/Mill he was willing to pay. So USD900/Mill. I live in NZ so they will have to be Couriered, and a degree of trust is obviously involved here. Talk to me if serious on graham@palladian.nz
  2. The simplest thing to take, proven since at LEAST 1948 Dr Klenner cured 100% of Polio Cases without any Pasralysis) is Mega-Gtam Doses of Vitamin C! And guess what? China has confirmed that this cures Coronavirus!!!! Can take it as an Intravenous infusion, but good luck finding a Public Hospital to administer it, because the FDA disapproves (because they don't hold a patent on it!(Boo Ho!) can betaken orally using Ascorbic Acid, or Tableted products. I use one (have regularly used it since 2010 when I contracted H1N1 Swine Flu) that is 1300mg, and I generally take 2 in the morning and 3 at night. If I start feeling 'off' I take more during the day as well. Also available is a specially prepared form call Lypospheric vitamin C. This bypasses the gut and gets straight into the blood stream. Some claim it is even better than Intravenous infusions, and you do not need a Doctor to take it! In fact, in NZ in 2009 or 2010 Allan Smith contracted H1N1, and was so crook they put him on an Artificial Breathing Machine (ECMO). He was diagnosed with complete Whiteout Pneumonia, and the hospital decided to 'pull the plug". The family managed to get the hospital to give him 2 x 25gram infusions daily and he quickly got better. They took him off the machine and gave him 2 grams aday, and he relapsed. The family wound up treating him in hospital (unbeknown to staff) with the Lypospheric peoduct andhe was cured. But in the process the NZ health service did change it's rules and can now administer some Vitamin C intravenously (but you have to fight like hell to get it!) And yes, kiwiFruit are high in Vitamin C, but I don't know how many dozen you would have to eat each day to match what I have as a Daily Norm (6.5 Grams in divided doses). And remember, for the kids, to reduce the doses on a 'relative weight basis. If someone can get this message to President Trump it will save him from following the nut-jobs in FDA, and making an ass if himself!
  3. I do not see Keepmwlknfny as negative. I see the 'theory' that taking the 3 Zeros out of the equation automatically implies a value of 1.17 dinar per USD as being simplistic. It would only be appropriate to take that action if 1.17IRQ/USD accurately represented the actual and real value of the Dinar. And much and all as i would love $3.68-$3.86, as Keepmwlknfny says, it is just too high! But saying it is too high in no way undermines my believe (and evidently Keepmwlknfny's believe) that an RV is appropriate and will benefit those of us who have 'chanced our arm'! [edited for spelling]
  4. It is naive to say that countries cannot 're-value' their own currency. There are many countries, both large and small that do, or in the past have, adjusted the value of their own currencies unilaterally. and yes, one of the reasons for doing this is economic opportunism. China's currency at present is a managed currency. It is one of the strong points-of -dissention between US and PRC, because it give PRC very significant advantages over the US in terms of trade and international competitiveness. New Zealand for years had a currency that was based on a 'managed-float' in relation to a notional 'basket' of currencies with whom NZ traded. NZD is now a fully traded international currency and is revalued by the market every day. Not necessarily a good thing IMHO, but that's the way it is! The challenge before us here is not that Iraq cannot set its own currency value, but that, if it wishes to join the world as a truly international currency, it has to adjust the Dinar's value, up or down, to a point that is, realistically, within a bulls-roar of what the market is going to say it is worth when it becomes 'freely traded' on the international currency markets. If the Dinar was floated at its current value it would shoot upwards [value-wise] like a rocket, because it is clearly under valued. but then market dynamics would inevitably lead to it's being overvalued, and then going through the wave action of settling down to some level of 'normalcy'. That instability would cost Iraq dearly, as I understand it, and so when they do eventually move towards that 'international float', the economists will be trying to pick a value that is very close to where the 'market' is going to say it should be! Whether that is USD0.10, or USD3.00 is anybodies guess, and I have no competence to comment personally. However some years back a Harvard economist suggested a basis of '1/3 of a USD + 1/3 of a EURO plus 1% of a barrel of Oil'. On that basis we could be looking at something like: 0.33 + 0.69 + 0.80 = USD1.82. And that was BEFORE Iraq had a democratically elected government, and still had US soldiers actively maintaining what peace there was! USD1.82? I for one could live with that! Go RV!!!!
  5. AVPAVFRFD, I hate to disillusion you but there is a HUGE difference between 'News' and 'Truth'. There is also a huge difference between 'truth' and 'the whole truth'. Section 7 obviously has implications across a wide range of restrictions, and just because some restrictions imposed under Section7 have (evidently from your report) been lifted, it does not mean that Section 7 in its entirety has been lifted! I realise you are new here, but one of the great gurus on this subject is Adam Montana, who is very much in touch with what's happening, and about a month ago he reported that the Section 7 restrictions relating to Kuwaiti reparations are still in force. Unlike a news report by a mere journalist [a member of one of the least trust worth professions, along with solicitors and politicians - IMHO lol], you can take that to the bank! And hopefully that is where we will all be heading soon! Go RV!!!!
  6. GT5Junkie, the question is not whether these countries deleted zeros from their currency by a process of devaluation, but whether a 'post-Saddam, post-Gulf War, post economic restrictions' IRAQ, operating in an improving rather than failing economic climate, and backed by massive oil & gas reserves, NEEDS to devalue its currency. Personally I don't believe devaluation is appropriate. and I think it would probably cost any party that promoted such a 'solution' its votes at the next election! Rather, I think it is possible that the two supposedly 'ruling' parties are each playing the waiting game in an endeavour to win votes nearer the next election. And that is when? Later this year? Or 2012?
  7. My Mother taught me: Patience is a virtue, Possess it if you can: Seldom found in women and never in a man! Your words and those of many others make me wonder if she had the last two lines around the wrong way! The RV is NOT a race, and we can all win! It will happen when it happens, and not a jot of sweat from us will change the date or time, much as we might like to think otherwise! Relax and enjoy the ride!
  8. I believe it is unlikely that the RV, assuming it occurs, will approach this level. However in the longer term such a value could be achieved. IMHO
  9. A few months back Ali from DinarTrade indicated his family was trying to set up a bank in Iraq. Has anyone heard anything about this? Is it still happening?
  10. No Tourist with enough nouse to check out the rooms would lay a $100 on the table while he checked it out! The publican would only see the folding stuff once he had contracted to supply the service. GrahamB
  11. That Oanda Link is very interesting. I looked up China and it says "m.float" [managed float] which more accurately would describe the NID up to the present. So for them to say "float" is potentially very important. But we have to remember that in the past they have screwed up values big-time! Let's hope this is a prediction of the near-future state of the NID! Go RV!!
  12. The big question in respect to the value for an RV is whether Iraq wants to join the international community as a fully floating currency, or whether it wants to continue for a while as a 'Managed Float' (like China) If it stays as a "managed float' then it can choose its values (for whatever reason they perceive) and over time move it up or down in value. But once it is floated fully then the international trading community gets to set the value at what it considers 'acceptable', and you can bet your boots that the Iraqis will want to come on board at a value that is near to that "acceptable" value as possible, because in unplanned large movements of a Nation's exchange rate lies the cause of inflation and deflation! When I first got involved in '05 I found an article by a Harvard economist who speculated that an appropriate value would be (quoting from an inexact memory) 1/3 of a USD (USD 0.33) plus 1/3 of a euro (USD 0.43) and 1/100 of a barrel of crude (USD 0.80). Depending on oil prices, the crude considered 'standard', and the relative value of the Euro, this works out at around USD 1.56. Of course there would probably be at least twice as many estimates as there are competent economists' so I wont hang my shirt on that value. But I do have the feeling that Iraqi want a fully floating currency, in which case, IMHO, anything under 60 - 75 cents is too low!
  13. Sorry, RVDinar4MyFamily, but although you are correct in you later comments you are incorrect in agreeing with 'aliveandcare' regarding the IMF setting the rate of 1170. The quote from the IMF link is under Definitions and says: This is not saying the IMF set that value. It is simply saying that 'for the purposes of monitoring' it (the IMF) will use an exchange rate, and that the value it 9the IMF) has chosen to monitor the program against is ID 1,1170 per USD. Big Difference!
  14. I suggest you re-educate yourself on the concept of LOP! LOP refers to a devaluation process that sees an exchange of NID25,000 notes for NID25.00 notes (or equivalent). If Iraq, which has run budgets in the same range of values (around NID100BIllion) in the past, was to LOP their currency then their budget would suddenly become a 100 Million Budget! The fact that it is retaining a rough equivalency in NID suggests that any change in value vis-a-vis the USD is NOT a LOP, but a revaluation. The fact that the values shown suggests a value of NID 1.00 = USD 0.8559 happens to be a value that works just as well for a sensible RV as it does for the unwanted, and in my view politicaly unacceptable (from Mohamed (Joe) Iraqi's standpoint) LOP. The value tells you nothing, but the size of the Budget says a lot! Go RV. USD 0.8559 works well for me!
  15. Interesting post Ron. Not too often you make such bold predictions! I do hope you have some more of that 'good oil' you've shared before; know something we don't; and are on the beam with your prediction!!
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.