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Will

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  1. HYPR2001 - Do you know what a circular argument is? In your rebuttal you presented no proof, you simply asserted (repackaged) your original theory in an attempt to settle the matter. Unfortunately, that doesn’t play well with most folks. Did you not state in your first post “neighboring countries”? Did I not in fact, provide you with conclusive evidence of the “neighboring countries” in addition to their currency rates? Did I not disprove your statement “"There is no way that the IQD could come in less than what the neighboring countries are ranking at and still be a world player in the export business?” You then try and salvage your position by including practically every country in the Middle East! And your point was? You then try to make your point by asserting that the answer lies with oil producing countries vs. non-oil producers but to what conclusion? Next you mention the Iraq “trade embargo”. I’m sure you’re referring to the UN’s economic trade sanctions from 1991 until the 2003 U.S. invasion (and yes this was in essence) a trade embargo. But you still fail to make an argument as to how all this adds up to an RV of $1.49 - $3.00+. Simple math tells me even if you were to use Iraq’s entire oil and gold reserves as a basis for an RV today, and then add to that number the potential profit (from oil) over the next 50 years, the RV is non-sustainable. Listen, I’m not bashing you—I as much as anyone else would love to see a high RV in fact I hope I’m 100% wrong. I am simply asking for solid evidence that can stand the test of numbers. BTW, I expect you to kick my butt when presenting your next argument. Will
  2. DaJohnson: Wow, don't I feel stupid. Da, you certainly posted some riveting examples of how inaccurate my facts were when I replied to HYPR2001! Your due diligence and research demonstrates just how obtuse you really are when trying to make an argument! Sorry to have interrupted your dream of instantaneous wealth. Will
  3. The natural value of the Dinar will shine through. Really? Wouldn't you say that this is purely your opinion? Who is to say what one currency is worth versus another. It seems that the people I talk to tend to confuse economic stability with civil stability. These are two different animals. You're kidding right? So you believe with a "roll of the dice" a country just decides one day to increase/decrease their currency rate? How about the World Bank for one along with hundreds of other financial qualifiers..... People tend to confuse economic stability with civil stability? And then you go on to compare Iraq to the LA riots? Unbeliveable. And I've saved the best for last: "There is no way that the IQD could come in less than what the neighboring countries are ranking at and still be a world player in the export buisness. They would not have it for it would be a dishonor to them and an insult to thier country. Its not about money, its all about status. " Your argument is based on what? Below are the November 20th 2009 currency rates for the neighboring countries of Iraq: Saudi Riyal 0.26594 Turkish Liras 0.66653 Iranian Rial 0.00009926 Syrian pound 0.02129 Jordanian Dinar 0.71280 Kuwaiti Dinars 3.54 Please note that Kuwait is the ONLY country worth comparing against. So based on your analysis/example of comparing neighboring countries, wouldn't you admit that a lower RV is most likely? Will
  4. Go Vets: GoVets" Excellent question. I believe there will be many investment opportunity in Iraq so you're now seeing some of the early risk takers. I want to point out that this is only my theory which has been built on a foundation of conservative market realities. Will
  5. I posted this as a reply in a previous thread but wanted to get your thoughts: ~Will Why the dinar will not RV: There are quite a few countries with currency
  6. I have to agree with Mkerr. There are many countries with great oil reserves many natural resources, a vibrant economy and with a semi-normal population who aren
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