Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content

RiverStyx

Members
  • Posts

    313
  • Joined

  • Last visited

Everything posted by RiverStyx

  1. Even more sad question............Is not the US becoming more of an Islamic State?
  2. Well todays arrest's there and the anniversary of martyrdom tomorrow should prove to be interesting. Not to mention the new threats on the US for the holidays? Going to be an interesting year to come for sure.
  3. Can't blame him for that either, you know every other reporter was probably going to ask him "Hey when is it going to RV? Or How about a date and a rate?" lol :lol:
  4. Roscoboy007 I am sure you are aware then that there is no formal or official license for Belize. Anyone can just go there and start selling real estate. There are requirements first though. There is also a woman trying to license and school the business that moved there from Florida not too far back. 8 years if I remember correctly. They also have easy IBC set up down there, an Amish community in the northern part. Belize City is very bad. Most of the islands are very much US Expats but have some problems with local pay offs. Call it protection, or what ever. If you wish to see your business standing after approached lol. The southern half is still quite open actually with some of the Mayans and Garifuna living in it. Beautiful place and lots of fun. Lots of current crime. Mostly in Belize city though with some outer area home robbery. The wild life is beautiful. The water is an average 82 degree year round temperature with the worlds second largest barrier reef. Diving is awesome and you can even swim with the whale shark. The cost of an Amish built cabin ranges as low as ten thousand US for a decent one and on up. Cattle is not real big due to the heat but there are a couple of good cattle farms to buy from. Iguana is big, quite tasty too. Property is much cheaper away from the coast as it is anywhere but in this case we are talking up too a hundred G's cheaper for many acres more. I have seen a half acre lot for as high as 200G's and with that you can own over a thousand acres in some areas. Not a hole lot of large spreads left as the Government owns quite a bit of it. Several great hotels middle country with jungle mountain views and great fresh fruit daily. It is a good place but travel in pairs and daylight for a good while when first there.
  5. These are only interpretations not predictions and bottom line no one knows until it happens.
  6. What I have been blasted for saying this whole time. I showed this letter of removing the zeros from the last few days to a corporate banking attorney friend of mine and he told me that is exactly what he read. To increase the value of the dinar for example by removing the 3 0's from the 25,000 notes would increase it by removing 24,975 dinar from the market... The revers of printing more money and how it makes the value go down. Thus allowing it to reopen at for example 3.00 US to the 1 Dinar. Making Iraq achieve all of its goals and was told also that the Iraqi people have been exchanging the large notes already thus saving the in country problem... Still a x3 return on your investment if it happens that way. Using the 3 to 1 example. Saves them trillions of dollars and still accomplish their goals. I asked him about the US payback. His reply was....."For that matter they could simply return it to the US by X amount of barrels of OIL. No money involved. To the US Government. There are several ways to pay back the US.
  7. Yes I have thought about it for years, and I agree with the 0's dropped then with the remaining 17 and at 9.3 then yes it makes it much easier to accomplish. A big difference than having to pay it at thousands x trillions. Agree'd and no you never made me upset at all. As to the Iraq, Bush, deal I understand you don't want to believe it, and you do not have too. They could have done so much more with so much less, hard to explain this with out saying too much. All I can tell you is we did this over 911, weapons, training camps, chemical ali, etc. The first time I was there in the early 90's it would have been so easy for him to have been removed. There were so many units from various branches that would have made it quite simple. It is not as simple as people would like to think. He would have not been executed if there were not factual let alone compelling evidence to that.
  8. Ok first off you make a statement that is in theory only. Conspiracy theory of many and never once proven. Your words "If you read into the factual information on what caused the war that also should calm peoples fear of a lop because the US used the weapons of mass distruction as an excuse to go to war in reality the US went to war because Saddam moved his oil sales from the dollar to the euro and was showing bigger profits by making that move." According to recent new articles, Army times, Fox news, and many others Bush's war on weapons of mass destruction was proven here in the last few months. They military has the documents and intel that shows he was right in the first place and that they were moved out of the country during our invasion. So this is to calm fears as you put it? You state that we only have to print money to buy oil too? not when it devalues the dollar. The more you print the less it is worth. You further state that the US helped to print the currency and yes we do have much influence there but with O in office much of that influence to the eyes of their government has left. Having spoke to many Iraqi's in the past they say to your face that they like you but most do not once you have left the room. I do not know how this will turn out but what I do understand quite well is that if they do as the article here reads and they take off the zeros from the currency and then once that is done bring the dinar to say 3 US dollars to 1 dinar then that trillions of dollars is only paid back by 3 and not 3000. As you say its not rocket science people. Many speak of 27 trillion, many say most of that is already gone and much less is still in circulation so fine, for the sake of this point I will drop it to 10 trillion. What is cheaper for them to do and not saying they will but since rocket science was brought into this do you honestly think it is better for a country that is trying to get back on their feet and save money, enhance their nation, grow contracts, increase their value, and the list goes on. Does it make better sense to times that 10 trillion times 1000 if it comes back at a dollar, or 3000 if it comes back at 3 dollars or times 3 if they drop the 0's and they still triple every ones investments? A rhetorical question I know everyone wants to think and believe they will make out great from this and SO DO I, we all do. I do not refute that one bit and I honestly with every fiber of my being jumped into this for the same reason as anyone else has. I just look at things for what it could be, I was taught to prepare for the worst and hope for the best. Many believe that BIG GOVERNMENTS will be PO'd if they do it any other way. I don't think so. I think that many of us with little money by comparison invested will see little return even at a triple rate. Those big governments that put a billion dollars in lets say,,,, triple that. Well I think they are very satisfied. I would be most happy if I had a million dollars invested in it and it came back at a dollar and I made another million. I think every financial guru in the markets would call that a great days work. I have not given up nor have I thrown in the towel as some have put it. I am probably going to order more on the chance of making money as I did the first time I ever did. I still believe, I just look at all sides.
  9. Maybe that banker got that info from a dinar site like this one.
  10. I just bought more, probably still will in the smaller denoms hoping for them to use the current ones. I am not telling anyone to give up hope. I just do not trust them and read tonights article just in that fashion. That anything could happen. It is Iraq. On the chance that it can,,,,,,,I am still in. Me too precisely
  11. I have never seen an article stating that, that was however stated by many gurus as to their beliefs of how it would work
  12. Really? Worst one for a POSSIBLE interpretation? Yes we do introduce all the time and I like anyone else hope it does happen that way. I never said it would happen any other way either, I never stated how it will at all. I would love nothing more than to cash in at a 1000 to 1, who wouldn't? I only gave my interpretation that I am entitled too. I have never once refuted anyone elses opinion only stated mine and defended it with logic. I have in fact stated I hoped it went that way when other people said other wise. I do not put myself that high to judge anothers post but only to be a conscientious objector. I have no crystal ball nor try to imply otherwise. I only state what could be. Shame some can't handle possibilities.
  13. It could very easily mean oil credits for the US. Or anything for that matter to repay the States for their involvement.
  14. I agree but until it is further clarified by Iraq, that is the potential no one knows. What 86 countries have done this? I have read how many in the past and it is somewhere up in a high range to say the least. That is how it has worked so far with them. Not what I am saying, I am saying anything can happen, I think by their release here that the 0's will be off so if it comes back at a high value say 3 dollars to our 1 then a thousand invested will be worth 3 grand....But it clearly said it needs to be studied more.
  15. They do not care about credibility of the world, REALLY? We all want to believe that. And Venezuela (Typo semantics) did it and the 1000 notes were worth 10 and that is all they received for them too.
  16. name='YeshuasDinar' date='18 November 2010 - 07:28 PM' timestamp='1290130123' post='271025' Wouldn't they still have to take back their current currency before creating another? Or are we all going to have to sell back our dinar and re-buy it with the 'Kurdish language" ? And if we all cash in now...won't that hurt their economy right now? Many other countries have done this without taking anything back or taking it back at the value with out the Zeros. Look up Venesuala RV they did just that. I feel stupid to ask this, but what is a LOP? I am a newbie. A lop is removing the zeros from the currency.
  17. I see several potential meanings. 1. it said it was to be a study "In the view of the central bank to raise the three zeroes from the local currency is a complex process and need to be thorough economic study." so this could be a long or longer process potential delay of the RV 2. It is from the currency not the rate. "the deletion of zeros from the local currency will liberate the Iraqi economy from the constraints and enhance the value of the Iraqi dinar in the International Monetary Fund." Self explained. 3. It states no change this year. That tells me that the RV could still happen but the end of the year would be in the 3 to 6 month or even 1 year 1% variation only once revalued people have spoke about. "The Iraqi government denied conducting any change in the local currency this year in order to reduce inflation." 4. It also tells me that they may wait for a completion of a study, after all its Iraq. Lets hope the do the study while the RV is taking place and they remove the notes instead of hitting the notes right off the bad but it reads probable in the inflation/debt statements. "The news has recently indicated that the Iraqi government plans to make changes to the local currency, including raising three zeros in order to reduce inflation suffered by the Iraqi market" 5. Worst one of all. No one will like this including me so don't shoot the messenger, many have said oh it would cost them millions to create a new currency. Ok so I ask you from a business stand point. Spend even 10 or 20 million to make new currency as stated about the Kurd language or spend trillions to pay out? dislike what I am saying I understand but from a financial stand point instead of what we want stand point this could happen even though many will say it can't remember this is Iraq so what have they followed yet that they promised? Here it is. "The news has recently indicated that the Iraqi government plans to make changes to the local currency, including raising three zeros in order to reduce inflation suffered by the Iraqi market, as well as add the language Kurdish paper currency." Don't shoot the messenger for an interpretation of potential meanings.
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.