Skyeview

Isn't this Wednesday, December 1st, when so many believe that the budget has to be adopted? And, if so, does it make sense that an RV has some strong likelihood of being implemented on 12/1?

Really appreciate all the research. Fits with all I have learned over 3 decades about the world monetary system.

Thanks FishMan

IowaDinar - your posts are always so definitive. I agree there is a lot of ???speculation??? but what proof do you have of an early RV? My son and I have researched this deeply and we agree that all the evidence indicates it should happen very soon. That is all based on circumstantial evidence and informed opinion. Do you have more to offer? Respectfully,

In over two decades in the financial services and banking industry I can guarantee to you that many 'money managers' are often wrong. If you don't believe it, just remember Enron, WorldCom, Global Crossings ... to name a few. As a retired financial services professional, a best-selling author, and someone who has taken companies public - I educated myself independent of gurus and rumor mongers, weighed my 'risk tolerance', and with the support of my wife; I made the decision to invest in Iraqi Dinar. Is it possible to lose some money or fail to see the kinds of returns I expect? Of course - but, I am glad my son invited me to examine this opportunity - if I experience a loss, I will be surprised, but it will be because I made the conscious decision to take the risk. As my favorite American poet, Robert Browning said, "If a man's reach should not exceed his grasp, what's a heaven for?" (as verbatim as I recall)

Real, verifiabe information is the best. But, my family has gleaned and pieced together a picture based on member's expressions, opinions, and comments. Most of the replies are nonsense but we have waded through that ... why does it appear that infomation posts have virtually disappeared? Not interested in silly misunderstandings, etc. Is there a heirarchy here among moderators? Why, if they are not being paid or under contract, would anyone not want to play by rules or standards meant to protect the site? Thank you for patiently and thoughtfully answering these questions. By the way, I probably have not asked the best question ... can you please fill in the gaps.

This is the funniest post I have ever read. Nothing like the man on the street interviews. Go Steve Allen!

The best I can understand this was recorded Saturday 11/20/2010. If I am correct, then everyone should listen to this entire 14 minute interview. Appreciate the information.

Another expression for 'spread' is 'discount rate' - not uncommon when buying & selling money or financial instruments. Everyone makes something all the way through the supply line. Or, "the cost of doing business".

This is the best overall reasoning I have seen posted. For some time my son has attempted to convince me (and he has very informed reasoning) that the RV will come in higher than 1. However, I have consistently said I believe it will be a 'staged' process for many of the same reasons articulated above. Either way, like any investment, it is usually wise to take substantial profits when you can and then allow a remainder (free money) to ride.

If not in dinars as an investment, why not just sell? Stress will shorten your life. When I was last in mainland China, the Yuan was trading at 7.44 to 1 dollar - it is now around 6.25. Not a bad investment - beats bank CDs. By the way, I retired from the banking industry and in 2008 published a best selling book - "so what?". I follow for new credible information.

Is it possible this is just a misunderstanding of a phrase as in, " our company tendered an offer to contract for the work"? Anytime there is an insolvency issue, there must be an agreement of asset value and a resolution of debt obligations (or at least a plan of action to deal with remaining debt), prior to release from bankruptcy. Seems to me, most of what is happening is normal procedure - with the added intrique of Middle Eastern twist thrown in to the mix. A calm, steady, relaxed approach to birthing an investment makes for better stress maintenance.

Moderate / extremist; left / right; conservative / liberal. Isn't it all about money? As one longtime politician said during a change of party election, "it their turn at the trough". It has to happen sometime but remember - this is an investment. Only the future will insure whether it is a 'great' one or a 'pretty good one'. Like many of you, I am banking on it being a 'great' one.