stoger1

I think Med is referring to this as the RV. Redom, RI, etc........it all refers to the RV. Just saying what he has mentioned in his past chats.

Where have we heard this before?????

if we indeed had to dump our dinar???? It has been said that if this drags into next year, then it will not happen. Don't shoot me, just thinking out loud if this deal doesn't get done.

It could be 6 minutes, 6 hours, 6 days, 6 weeks, or 6 months................

I would think in order for this economy to get going, we need cash money to spend. Spending creates a demand, a demand creates jobs, jobs create money. It's a full circle deal here but our gov't doesn't quite see it that way. They are blinded for some reason..........

If it comes out at $3. I'm cashing in directly and getting out of this ordeal fast.

Wouldn't the rate need to come out high in order to pay off all those loans, payments, etc. that Iraq owes the other counties, including the US? How could they pay off all that if it comes out say at a dollar or less? Just curious........

Remember it has been stated that there would be alot of confusing stories and reports coming out if it were to RV. Maybe this is about to happen. Who knows anymore..........

Interesting, thanks for posting.

Thanks for the clarification Norse39.

I have heard this too. But I have also heard that we could possibly ask for a higher interest rate at our local bank due to the large amount of money being cashed in. I have a friend whose daughter works at a bank that mentioned this. Anybody else hearing this?

Good observation. I hope it would come out at around $3 for sure.

Thanks for the post. Now if read that right it may RV at .84? Is that correct? Will it rise any possibly during the cashin time?

I have spoken to my CPA as well and he said I didn't need a tax attorney. But I think I will get one anyway just to CMA. There is alot of money at stake for sure.

How do we contact you? I would like to know some more info on this as well. Thanks for doing this.