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wbuse984

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Posts posted by wbuse984

  1. Philip...agree with the above.  I am treating the Dinar as though it is an undervalued currency and being artificially held low the same as I might trade in an undervalued stock...it is for me simply a high-risk potentially high reward move that I hope will work out in my favor...counting on Iraqi greed and the fact they are resource rich to support a real rate of 1IQD=1USD someday, but would be perfectly happy at .01+...its a risk, but you never know...you also never gain by not having risk in any endeavor...imho...thanks for the post...

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  2. No matter what it comes out at, the Dinar's rise or fall rate will be determined on whether it is a managed float (most likely) or a free float on the FOREX...if they just throw it out there in a free float it will be real interesting...but I feel it will be a managed float...but again, no one knows...should be interesting though once it revalues...imho ... :twocents:

  3. Adam...is it possible or likely the Dinar could come out on the FOREX as at tradeable currency at 1166 (or close to that) and simply be managed, or is it really necessary for it to RV/RI before going international.  Can the CBI RV/RI and it not be internationally tradeable on the FOREX?  Just curious after reading some interesting and in some cases highly entertaining threads...lol...sorry about your Packers bro -_- ...did not see that coming...jeez...

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