scarletdiary

I believe I actually know quite a bit about this investment and have been following since August. I have read many posts over the months and have studied this investment rather thoroughly so I'm not new to the many mind numbing discussions that have been brought up. Apparently you are not a detailed reader... quote from my post ("I have been following the dinar for many months so I understand a lot that has been discussed about the possibilities and have read other articles about a possible LOP but have not seen someone discuss the idea that I just presented.") I think it's rather apparent that none of us know for sure what's going to happen so don't be so sure of yourself friend. Using the word LOP may not be the correct term but dropping 3 zero's is not out of the realm of possibilities. Like I said I'm hoping that's not the case but I think we are being a little naive if we think that Iraq couldn't do something that prevents us from profiting like we all hope to. That is all.

See below.

Hello, Can someone help me with the scenario that just occurred to me. Isn't it possible and probably more likely that Iraq will lop 3 zero's from their current rate of .0008 which would bring it to .80 cents to the dollar. THEN adjust their rate up to 3.50 plus bringing it closer to Kuwait's currency rate of 3.90 as they enter the GCC? I've been following the dinar for many months so I understand a lot that has been discussed about the possibilities and have read other articles about a possible LOP but have not seen someone discuss the idea that I just presented. The more I think about this scenario it just makes more sense but I'm not totally sure they could do it this way. If Iraq can adjust their currency this way with an initial LOP and then increase it to over 3 bucks after, why wouldn't they do it this way? I would hope that they can't or won't because I am really wanting, like all of us, to make a ton of money but my logical mind doesn't think these greedy politicians and bankers are going to allow the average joe to become a millionaire over night. If this idea could happen we would still make some money and how much would depend on the final rate Iraq settles on which I think would be in the 3 dollar range but we wouldn't make millions from the deal. Lets say for argument sake the rate ends up at 3.50, so it would be 3.50 x .80(after LOP)= $2.80 x (million dinar after LOP) would be (1000 dinar = $2800 bucks.) I hope I'm wrong and this scenario isn't possible so any well thought out responses would be welcomed. Thanks!

Hi Eddie, You seem like a sensible guy and I wanted to get your opinion or anyone else that could help me with the scenario that just occurred to me. Isn't it possible and probably more likely that Iraq will lop 3 zero's from their current rate of .0008 which would bring it to .80 cents to the dollar. THEN adjust their rate up to 3.50 plus bringing it closer to Kuwait's currency rate of 3.90 as they enter the GCC? I've been following the dinar for many months so I understand a lot that has been discussed about the possibilities and have read other articles about a possible LOP but have not seen someone discuss the idea that I just presented. The more I think about this scenario it just makes more sense but I'm not totally sure they could do it this way. If Iraq can adjust their currency this way with an initial LOP and then increase it to over 3 bucks after, why wouldn't they do it this way? I would hope that they can't or won't because I am really wanting, like all of us, to make a ton of money but my logical mind doesn't think these greedy politicians and bankers are going to allow the average joe to become a millionaire over night. Any well thought out responses would be welcomed. Thanks!

Why aren't you posting this on a sports thread. There are a ton. We are all waiting for the RV. It's intense and the sports stuff doesn't go will the dinar. IMO...

This is so not connected to sports. Go to the million other places for sports stuff than this. I am glad you are a fan, but go somewhere more productive than here. love ya anyways....

i posted this one myself. At least we are all looking out for each other.... keep belieiving..........don't quit......

Hey everyone, Not sure what this all means exactly, but just another step forward. I am sure someone can read this and put it in more simple terms for the rest of us. This Press Release is dated December 15, 2009. I apologize if this has already been posted. Please be kind.... http://www.imf.org/external/np/sec/pr/2009/pr09460.htm

Is this message for real? You have a book that you are promoting....A REAL EYE OPENER......You want everyone to ready it to cure cancer.....Your mom has cancer....and you are promoting a book you have never read?...... DO YOU HAVE A FEVER?

Hey thanks B, It was great reading all the positives that you wrote. I continue to learn more and more about this country. Until I invested, I didn't pay any attention as most of us haven't.

As glued to the computer looking for the "big" announcement, I wanted to share with you a list of legitimate news articles for all of you to be encouraged. Anyone that reads this entire list of puzzle pieces of what is happening in Iraq that has given up hope that the RV will happen, please click on this link. http://www.iraqdirectory.com/en/news.asp After reading you too will realize that Iraq is the sleeping giant that is slowly beginning to wake up and rise up. There is so much happening in the nation that one cannot doubt that this RV is set in motion and will happen. It's like putting a puzzle together. We have many pieces, but we can't see the top of the box as to how it will come together. We just know that it will...... Keep believing and rest in God's Love.....I know that there are alot of people that are in hard places financially waiting for this to happen desperately. I am as well. God is never late.