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Mike12570

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  1. Nice to hear that you pulled thru your health issue....that is the best price on earth At the latest CBI website there is 72.5 trillion IQD in circulation as of Dec 6, 2012. The good sign is that they managed to retire/put away 1 trillion IQD a week since Nov 1st, 2012. That is impressive. The gold reserve is creeping tho. But it's on the plus side. I think Iraq is on her way to recovery. It will take time. Have to wait and see. Here is the CBI website FYI. http://www.cbi.iq/documents/key%20financial.xls
  2. CAZ...you are very smart ( I mean it). Are you TerryK or Okie? Make me wonder LOL. If we keep on going you will bring in the drug dealers to road kills...ect. My point is...it's not about you or me but rather to help the new comers who will get screw. I know it's their lives but for someone like me, I am not only having love toward a human being but I am deeply sypathy toward animals as well. I would love having you on my side tho...may god bless you.
  3. CAZ,,,,you have posted thousands of comment and I have to partially disagree to what you analized. There is a limitation to everything on earth to what and the level of extent you can say. A rumor is not necassary means that you can lie to people and feel good about it. I do not have much issue to what the gurus saying other than the dinar will be duble digits and VND is 2+. Now lots of ppl r in financial crisises. Therefore Gurur give them hopes and let down over and over again. There are new investors go throu the saame cycle. I hate seeing ppl suffer. I believe there r honest gurus that want the best for us. But one bad apple spoils the whole tree.
  4. IMO he probably has gone. I remember the mother king of thailand was sick and passed away in a local hospital. They're news that she was dead. Someone in the upper official came on live TV, radio saying that she was still alive and recovering. Day later before a speaker of the king came on live TV comfirming her death and having the country moan for the lost. There gotta be a rep for such an official drum. I believe that he must has passed away. It was sad, but that's how life go.
  5. The more I read about how a currency transpires in a country the more I feel that the 1000 folds IQD RV is unacheivable let alone VND. I got into this without doing much research. When it comes to love and money you will jump the gun and pay for later. It's nice to have day dream but it's more like you're saying that you were loved and always come to an empty house. One day you're in tears refuse to aknowlegde tha you're crying. I am upto my top wondering if I should turn my back on Dinar. All I want is double my primciple and I know it's going take time and I think it's possible thought nothing is concrete. One thing worry me is that the more they restrict the USD coming into Iraq the higher the USD street rate gonna be. Now that Tampa is selling 950/mil...HM......
  6. Dong is not an acceptable wolrdwide curency. Lots of other currencies that are not available to buy thru any mean in the US. VND is not available thru any of its neigbor countries. Like Thailand, China or Myanmar ever since I can remember so it's not surprise you can not get them in the US. It does not mean that the dong RV is coming IMO. Again anything is possible. I saw a magician pulls rabits out of a hat lol....have a good weekend.
  7. That's good point. Lots of people are none investers. It's funny when gurus say that the dong is going to be hm.... .48-1 dong per 1USD. Zeee most people in vietnam own more than 1mil dong not to mention of those having 100mil+ dong. When the dong RV, per gurus, .40-1 dong per USD, we US citizen will be on our knee to learn vietnam. To go over to drive for them, clean their toilets. bcoz they're all rich. Vietnam will be the richest country in the world.
  8. They use Chinese yuan, Thai bath and USD for more xpensive items and at home saving. Do not get the wrong idea that they don't want dong at all. Of course buying an ice creram or a bowl of noodle Dong is the way to go. But if you go to buy a TV or stove they'll price the item in chinese yuav or usd and even Thai bath. Well I do respect your opinion. After all it's your $. We are here just share what we think, see and observe. One thing I can assure you that you will never see .48 dong per USD in your life time as if the USD still worth of as today. In 10-15 years u might get a return of 2-3x. Just my 2sense
  9. Vietnam has tried hard to recover just like any other country. There is no way the dragon can do anything to help pull Vietnam out of the whole. It's not Vietnam but it's global world economy that tumble. VND is going to dip even deeper. Now that vietnamese people do not want the DONG any more. Vietnamese bank do offer foreign currencies in their Banking systems sepecially saving and CD. For the general publics that do have enough to open a banking acct they pocket their home savings in US green. I had been in Vietnam and personally know lots of people from all feilds. Banking, Goverment, police to farmers. I was in Vietnam to observe in 1st hand to see if the Dong will eventually RVable in the near future...no not any time soon. Yes I came home with 1mil Dong. Do not trust those behind your monitor saying that the Dong is showing .47-.48 US cent per Dong. The truth is that it was too many zero so the bank just take the zero out only. Like .000047, the bank takes the zero out to fit the screen so it shoes .47 Just like the Dinar, when Iraqi want to sell a car for 10,000,000 dinars, they simply post 10k dinar. Obsolete the zeros. May god bless everyone, take care of your love one and be nice to a stranger.
  10. AND VND will never RV regardless what intels says. VND will never RV like those GURU been saying. NEVERRRRRRRR....if you are in for the long run...hm...10-15 years, you might double you original......might They do have enough DONG to pave the entire country(vietnam)...So RVing at .48 US cents per DONG?....people are crazyyyyyy. You go to any port of entrance to Vietnam at this minute, there are tones i meant TONES of Dong stacking for exchange at a lower rate than the Bank. Bottom line .... DO NOT TAKE A 2ND MORTGAE TO BUY DONG...just my 2cents.
  11. I just can't see how this RV works out. LETS hear from the real money expert. Joe's car broke down, will cost joe 1,000,000 Dinar to fix it. He has no money Joe go to his friend Jack, he got 1,000,000 from Jack. He promise to pay back by the end of the month since Joe is making 200,000 dinar a day pumping oil Now the RV happen over night to 1000 fold per USD.....and Joe only make 200 dinar a day now. Jack wants his 1,000,000 dinar back...not USD...Iraqi Dinar....Jack gave Joe 40 of the 25000 Iraqi bank notes. If Joe would have not gone to Jack for the money Jack would have been a real millionair......HELP....Jack's wife is killing JACK IMO......over night RV will never happen The value will gradually goes up to give people a chance to catch up to...there is no silver bullet whatsoever. Your input is appreciated.
  12. I am sure there are 1000s out there feel the same. Without doing much research I thought this is once in a life time deal. The only chance one could become an instant millionaire over night. As time passes by, My big house dream turns into an average house. Now I better keep what I have and taking a very good care of it...this is what I have had and this is it....no blue moon...we've been lied to...the same color. My gut feeling says that there is no RV (I know its ez to say), but 3-5x our original is almost 100% guaranty in my part. and Adam at one point said that the 3x return from this investment is muchhhhh beter than his 401k I just can not see how Iraq worths 100 trillions us dollars as of now. Iraq is not worth 2-3 time more than entire currencies in the world in combination...impossible Its a big let down but....WE STILL GOING TO GET OUR 3-5X OUR PRIMCIPLE WHICH IS GREAT. When? May god bless you all and have a good weekend.
  13. LOP=100% 20-30Trillions DINAR in circulations. RV at 3:1, Iraqi will value her currency more than all the money in the entire universe combine. For economic stand point it will never happen (don't even bring god into this math). USA has about 1trillion currency in circulations as of today. My take. LOP at 1000:1 and thereafter RV at 3-4:1 does make sense. So a return of 3-4 fold...NOT BAD
  14. Lets talk.....hmmmmmm....I like that We all spec that there are 20-30 trillion Dinar flying around. Some of 7-10 trillion was out off Iraq. With 7-10 trillion worth of USD, how is Iraq going compensate that? I like at least some logical number to balance my banking acct....I would like to see yours. USA has less than 1 trillion dollars currency in circulation. Do not bring in a possitive thinking or GOD. I am open to logical theories, possibility and probable cause, but not a wishful thinking. NOW why am I here?..........I still think in the long run we will gain 3-5 times. For those that PUMP or into VND, you can kiss that one good bye folks. It will not happen (RV) in your life time.
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