morrisw2
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Maliki Says No Govt. till the 25th :(
morrisw2 replied to Legolas's topic in Iraq & Dinar Related News
Sorry for promoting other news source. just stick with the news you got. -
Maliki Says No Govt. till the 25th :(
morrisw2 replied to Legolas's topic in Iraq & Dinar Related News
It seems that AFTER he made that announcement, things changed. http://don't promote other sites.wordpress.com/2010/12/11/maliki-receives-ministry-candidates-from-blocs-decision-next-week/#more-13291. -
Does anyone know of a FOREX broker that trades the VND (Vietnam), BHD (Bahrain), and the KWD (Kuwaiti)? I have tried FXCM.com and FOREX.com and they do NOT trade those.
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john1025: Assuming that the IQD RVs at a low rate (under $1.00 US), do you see a FOREX play with the Kuwait (KWD) and Bahrain (BHD) pairs. Like a IQD/KWD or the IQD/BHD. On the basis that the IQD could move toward parity with these currencies in anticipation of the Gulf Currencies proposed for 2012?
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WHEN the IQD RVs and is on the FOREX, do you think we will be able to trade the USD/IQD pair?
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OK. I took your word for it and went to the bank. They apparently didn't get your message so I have been asked to wait in this office until someone from County comes to get me. I don't know what that means. Got to go now, the nice men are going to take me for a ride. Thanks again for all the good information. I'll let you know what my new address is.
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dklll: You made a good point. I think this is at the heart of the communication problem we have been hearing for a week. Some people have believe that the $25,000 note become $25 by taking off three "000". I understand that to be a lop and a devaluation. Your point is that the "0.00086" becomes "0.86" which is NOT A LOP and increases the value.
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I like your train of thought regarding a RI to the 3.22/3.27 level. Not because it means more money for me BUT it is a more reasonable rate. Let's keep in mind that in 1985 the rate was around 3.26. But that was then. You would need $1.99 today for the same buying power of $1.00 in 1985. So an RI of $3.25 only gets us half the power it had in 1985. When some people are talking about only 10 cents, I think they have lost their mind. Even a rate of $1.45 is too low. In fact, a RI of $3.25 is only HALF the buying power of the same rate in 1985 and is too low. I used the following link to calculate buying power. http://data.bls.gov/cgi-bin/cpicalc.pl