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Nuki

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  1. Never in my life have I actually hoped for the price of gas to rise. Thanks for the update Adam. I'm with you on this one. I still think they are comfortably at a price rate to RV, but it behooves them to wait for graph to start heading up. BTW, if you haven't seen it yet, watch The Big Short. Amazing movie, and a nice reminder of how people who are rich, stay rich at the misfortunes of others. Hopefully our investment will be due to the boon of the Iraqi people.
  2. Great update, and a day early! Awesome. Thanks for all that you do sir.
  3. True, and thanks for the reminder. Of course this is all conjecture. Everything about this game is conjecture, but you can apply logic and reason and come up with some decent theories. Perhaps I should have framed my post with the statement that this is on top of all the other factors involved. Personally I like thinking that finally they have a plan in place, which was put into effect based on more than just the secular issues going on in the region. If anything because it keeps hope alive that if a plan is in place, there is ultimately an end game. One in which we all come out on the better end of. Keep hope alive ya'll.
  4. Thanks for evening me out whoever negged my last post. Didn't want those upvotes to go to my head. LOL
  5. Posted this in another thread, but I think it's relevant here also: Adam, what say you?
  6. Saw this one coming (not to gloat). Something occurred to me this morning I hadn't ever thought of. We make a lot jokes about Iraq and how slow they are, and backwards, and a host of other things that helps ease our frustration at their inability to get done what we're all so desperate to get done, but I have to wonder, perhaps we've misjudged their economists. I wonder if someone over there didn't see this coming and realize they couldn't RV with oil hitting an all time low. Now I know that's just pure speculation, but I have to almost wonder if they didn't plan it this way, then perhaps someone realized the oil bubble was going to eventually burst and come crashing down. I wrote a long essay in the VIP area somewhat based on this, and discounting inflation, we're still in a zone where they could easily RV to match the Kuwaiti dinar (you haven't seen it's value drop yet have you?) However, and I'm going to for once give them probably more credit than they deserve, they might be seeing this as the catalyst they need to push the HCL through knowing that oil shouldn't be their only "big" source of export income. Just like how Dubai realized they couldn't live off oil money forever and made moves to secure their global position by building up infrastructure in banking, tourism, and big business, someone in Iraq might have actually seen this coming and waited for whats happening now to convince skeptics that they should diversify. I dunno, just pondering things and trying to see how current events could be good for us in the long run. If we're truly only waiting on the HCL, this might be what convinces them to get a move on.
  7. Hmm kinda "conspiracy theory-ish" but that's a good point.
  8. Hmm somewhere inside my mind wants to think that a 50 cent RV would make these new notes very viable. However, I could see this maybe a 10 cent RV. Think about it. This would make their lowest denom about 5 cents to the dollar. Now apply the argument used here in the States about how we should get rid of the penny. They would simply have no need for a lower value currency, unless of course it floated up to a greater exchange, which in turn, they could then release a 10 dinar or 5 dinar coin. Of course, this is probably an over simplification and the penny debate might not necessarily apply here. However we know they're pegged to the dollar, which likely means their market goods prices are as well. Which means there is probably little if any goods that are worth a penny (much like here in the States.)
  9. Hmmm who was talking about OPEC recently, in another thread?
  10. Does anyone remember OPEC? I can't help but think they'll step in to help curb the falling PPB. If I recall they've done it at least once before in my life time. (My memory fails, was it in the late 70s or mid 80s?) Hold on to the crude barrels and control export to maintain a certain price. The key was that every nation that was a member of OPEC had to be on the same page, and if I recall this caused a lot of tension with a great number of countries who relied on OPEC oil. While it might hurt Joe Consumer, it would certainly be good for us.
  11. Hey LGD, I'm over here in KCMO, where about in Kansas are ya? Sorry if this seems out of the blue. LOL the problem with being a long time lurker is that you feel ya know the big guys, but they usually don't know you.
  12. Hmmm several ways to look at things here, and I've seen some theories that spun the devaluation as a positive thing. To wit, making the dinar a straight 2000 to 1 would make an RV simpler to understand, say by taking off the zeroes and simply stating dinar are now 2 to 1 dollar ($.5 RV). The math would be simpler for everyone on a macro level, and wouldn't take much to double that to a one to one months/years down the line. However I personally feel if they had done that, we'd have been waiting long enough for the market to stabilize to the 2000:1 adjustment before they made that move (everyone would have to change their prices and adjust accordingly). Meanwhile, all doomsdayer, lopsters, and naysayers would have been chiding everyone into selling their dinars, again, good for those of us who stay patient and wait things out. Of course, thats best case if they did devalue, and certainly my "wishful thinking" theory. Then again, the fact that gov't entities and articles are coming out of the wood works proclaiming this is all just rumor and speculation has to give one pause to realize that the thought of a change really is on the table and at the forefront of their minds. It seems lots of people are concerned at some level about damage control. Damage control of what? Who knows, whatever big secret they have planned, but it does seem something is looming before us. My point being is that a devaluation certainly has some potential to be good for us, then again so does not devaluing. Either way, the fact that their is so much talk about it from the right people means the light at the tunnel is getting brighter, whether is a train coming at us to flatten us or it actually just the end of the tunnel remains to be seen. Either way I'm ready to find out one way or the other.
  13. Hmm it seems things are about to come to head. We might be nearing some type of drastic change on this ride. Then again, I've said it before and I'll say it again, things might just appear to get worse before they get better so don't let rhetoric or op-ed articles shake your faith. If anything, Iraqi journalists are the masters of double talk and smoke screens.
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