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GreginTexas

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About GreginTexas

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  1. I first just want to point out that "lotsofdinar" gave no impression that he thought this had anything to do with a lop. Secondly, it could be any of those rates, so why are your thoughts and opinions better than his, they are all valid since no one really knows. And lastly, it's not "chao". The term for goodbye in Italian is ciao. If your going to go after someone, at least have your ducks in a row. This is not just meant for you imparticular, but for all of you guys and gals out there who don't have a clue. Guess what? No one does. And that's okay. Forums are just places that people
  2. The crisis in Europe /European Central Bank/IMF A good article for the possible direction Europe is heading. Especially if like me, you hope that the Iraqi Dinar ordeal is tied to the financial restructuring of the world. ROME/ATHENS (Reuters) - Italy's parliament was set to approve austerity measures on Saturday, triggering the formation of an emergency government to replace that of Prime Minister Silvio Berlusconi, and meeting European Union demands to avert a euro zone meltdown. After months of dither and delay, Rome appears to have got the message as bond markets pushed it to the brink
  3. If my hopes were any higher I would probably pass out. However the rate and process of the RV/RI will depend on which scenario that is really happening. 1. This is all about Iraq only. Which would mean Adams ideas. 2. This is about the world economy and Iraq. (Gurus choice)Which could bring a higher RV. But keep in mind that countries can out last us because all they really need is process of a near future fix to their economy. So here we are right back to the beginning. We will not really know until it happens. I am just proud I bought a lotter y ticket for this ride. GreginTexas
  4. If Iran goes to war with Iraq, what do you think will happen to the dinar? That's right..........POOF! All gone, all for nothing. This is actually damn near the ONLY thing that can happen to stop the RV. Let's pray that it will be settled quickly and all will fall into place for the global economy. Greg's Daughter - Kristi P.S. Sorry, Daddy, I had to say something.
  5. Revaluation & Inflation – Analysis by Neo from Dinar Speculator 10/14/2011 Inflationary controls in Iraq to date have been managed within a framework of fiscal soundness as evidenced by Shabbi with the currency auctions. This has been a reliable tool to regulate both liquidity and reduce exchange rate volatility as we have seen. As you all know, Iraq is one of the 8 member countries of the International Monetary Fund that has exchange controls governing exchange rate arrangements applying to the Crawling Peg Arrangement . Iraq is also one of the 186 member countries that has exchange contr
  6. In what I have learned Dalite is correct. I would like to add that Shabibi has said it will be a managed float. I think that is what they have now. He controls the value through the currency auctions.
  7. You will be missed. Good luck and may God bless your endeavors.
  8. You bring up a point I would like to expand on. Thanks About 2 ½ years ago I was on a deep well being drilled in the city limits of Morgan City, La. The job lasted 6 months and we used about 6,000 barrels of oil base mud. There was no more than a quart of mud spilt during the whole job and it was cleaned up and disposed of immediately. It ended with being plugged and abandoned. At a total cost of over $31,000,000. If you go the spot where the well was drilled there is no evidence that it ever happened. The oil field is very clean & safe today compared to when I first started in 1971. Mos
  9. You are right but small compared to ND. I did not want to muddy the water even tho I am a Mud Engineer.
  10. Oil Anyone? As you may know, Cruz Construction started a division in North Dakota just 6 months ago. They sent every Kenworth (9 trucks) we had here in Alaska to North Dakota and several drivers. They just bought two new Kenworth's to add to that fleet; one being a Tri Drive tractor and a new 65 ton lowboy to go with it. They also bought two new cranes (one crawler & one rubber tired) for that division. Dave Cruz said they have moved more rigs in the last 6 months in ND than Cruz Construction moved in Alaska in the last 6 years. Williston is like a gold rush town; they moved one of
  11. I agree and if my math is correct for every 191 million dollars that is 223 Billion Dinar so about a Trillion Dinar a week. Yes Shabibi could have removed a large amount by now. GreginTexas
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