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jackster

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  1. "Intel" is short for intelligence. In the United States, the meaning of "guru" has been used to cover anyone who acquires followers, especially by exploiting their naiveté, due to the inflationary use of the term in new religious movements.[1] - Wikipedia Hope this helps.
  2. I found this article very interesting. A List of Factors Which Determine Currency Value A List of Factors Which Determine Currency Value Posted: Friday, October 09, 2009 by Thomas Sullivan The information presented here is designed for the Forex/currency trader. This information is also useful to anyone who would like to develop an understanding of factors which determine currency value. For the currency trader, this understanding is needed in order to develop a currency trend analysis for a particular country. Developing accurate currency trends is the key to successful Forex trading. What determines the value of a countries currency really comes down to supply and demand of that currency. If a particular countries currency is in high demand by purchasers such as travelers, governments, and investors, this will increase the value of the countries currency. The factors that follow may have a positive or negative affect on the demand for a particular currency. Lets take a look at these factors. 1) Printing of Currency: If a country prints an excessive amount of currency, more then what it normally would, this can decrease the value of the currency. Any time you have more of anything, this can result in a decrease in it's value. This is true whether you are talking about currency or commodities such as iron ore, crude oil, coal, gold, silver and platinum. A large amount of currency in circulation can lower the value of a currency. A small amount of currency in circulation can result in the value of the currency increasing. 2) Current State of the Economy: If a countries economy is not doing well, this can decrease the demand for that countries currency. Specifically, here we are talking about the degree of unemployment, degree of consumer spending, and extent of business expansion that is taking place in a country. High unemployment, decrease consumer spending, with a decrease in business expansion, means a poor economy and a decrease in currency value. The potential for economic growth in a country should also be looked at. If the potential is strong, then it's currency value would expect to increase. Also, if a country produces products that other countries want to buy, this can increase the value of that countries currency. 3) Prices of Foreign Goods: Related to the economy, is the prices of foreign goods. If a foreign company sells goods in a country which are cheaper then comparable products produced in that country, this can hurt the economy of that country. A poor economy results in a decrease in demand for that countries currency, which lowers it‘s value. 4) Political Conditions of a Country: To what degree does political corruption exist within a country? To what degree do political affairs have on the economy of that country? A country which is known to have corrupt politicians, can result in a lowering of the value of it's currency. 5) How Secretive is a Country: A country which operates at a high level of secrecy, at least as observed by those outside the country, can result in a lowering of the value of their currency. Another words, if not much is known about a country due to a restriction of media expression within that country, this can lower the value of it's currency. 6) National Debt of a Country: To what degree are politicians addressing a national debt problem? Are politicians causing an increase in the national debt? In a democratic society, national debt must be paid by the taxpayer. If taxes increase, this results in a lowering of the purchasing capability of society, which results in a deleterious affect on the economy. In this case, currency value will decrease. 7) Presidents Popularity: If a president is popular, this can increase the demand for a currency. If the presidents popularity is dropping, due to unpopular government policies, this may result in a decrease in demand for a currency and a subsequent lowering of it's value. 8) War and Terrorists Attacks: A terrorists attack can increase the probability of a war. A war or the strong potential for a war can decrease the demand for a currency, simply because a war drains the economy. Wars are expensive and must be paid by the taxpayer. You simply can not have a growing economy during war time. So war lowers the value of a currency. 9) Government Growth: Is government growing and expanding to much? New growth by developing departments, and creating unnecessary programs, all costs money. Again, the taxpayer will need to pay for the new growth, which for the long run has a negative affect on the economy. Excess government growth can lower the value of a countries currency. 10) Tax Cuts for the Consumer: Tax cuts can stimulate the economy, as long as the consumer spends the extra money he or she may have. But also, tax cuts which are to large can result in high demand for products, which may raise prices, which can lead to inflation and the desire to purchase cheaper foreign products. But in general, tax cuts historically have been good for the economy, which can result in an increase demand for that countries currency. 11) Interest Rates: A higher interest rate means a higher demand for a currency. Foreign investors in a currency prefer a higher interest. It is the same principle when you shop around for the highest interest rate when putting money into a savings account. This increase in demand for a currency results in an increase in it's value. 12) Housing Market: If there is a slowing of a housing market, this means the sellers asking price will be less, and with the realization that a persons home is worth less, this results in less consumer spending. This has a negative affect on the economy. Again, poor economic conditions result in a lower demand for the currency, thereby lowering it's value. 13) Positive or Negative Perception: How purchasers of a currency perceive the previous discussed parameters, can determine the degree of demand for a currency. Whether or not the perception is accurate or not is not as important as what the perception itself is. Perception is what determines if a currency purchaser decides to buy or sell a currency. To conclude, the factors presented here are determinants of the degree of demand on a currency, and therefore it's value. There are other factors such as manufacturing growth, degree of entrepreneurship in a country, employment growth, and even the weather and it's affect on the agricultural industry, energy consumption, and local economies. These also can determine the demand for a currency. The factors listed here determine the perception that a potential buyer of currency may have. And here, perception means everything. How a potential buyer of a currency looks at a particular country using these parameters, will determine the demand on the currency, and ultimately it's value. With this understanding, it is not difficult to see why the value of the US dollar has dropped so much lately. This is mainly due to a sky rocketing federal deficit, the lack of the current administration's desire to reduce the federal deficit, enormous government growth, the fed's high level of money printing, a slow housing market, a decrease in the President Obama's popularity, and a current poor economy which includes relatively high unemployment, all of which were previously discussed. Investors outside the United States are looking at the US dollar as to risky, which results in a decrease in demand for the US dollar, and a drop in it's value. Thomas Sullivan, the author of this article, is a web publisher and developer who lives in the Boston, MA area. He is the creator and web master for the site Forex Trading.
  3. I've never heard that theory before. In that case, one could exchange 1000 IQD for 1 NID. 1000 IQD equals $0.86. 1 NID equals $0.86. Then both currencies would be accepted in the markets. Over time, as the banks receive in IQD, they would be removed from circulation. In Switzerland, both the Franc (SFr) and the Euro are accepted currencies. This idea would probably be more readily accepted by the Iraqi people.
  4. I'm not deriding him or complaining about him. In the original post I tipped my hat to him. He's doing good business. Chillax. That's what they say now. Let's see what tune they're humming after the RV or RD. Why not purchase dinar from someone that bought somewhere else? If I buy Swiss Francs at Wells Fargo, I can sell those same Swiss Franc notes at Bank of America. Why can't Ali buy back just anyone's IQD? Or why won't he? Something to think about.
  5. The redenomination of the currency and the revaluation of the exchange rate will be simultaneous. Not one minute earlier or later. 1000 IQD that equals $0.86 will become 1 IQD and equal $0.86. Any time after that, the IQD could increase in value about 16% and then equal $1.00. Tah dah!!! You've got your long-awaited 1:1 RV. But for giggles, an RV happens 1 hour before the official RD. By the time anyone got wind of it, jumped into their car and trampled anyone in their way enroute to the teller, the window of opportunity would be closed.
  6. As long as the IQD does NOT RV, Ali is making money. Has anyone made $80,000 since they bought dinar? Just thinking about how he makes money by buying back dinar from his customers. $810 for uncirculated and $760 for circulated. If you buy them and remove them from their package I would believe they become circulated. In other words, less value. From $1,060 to $760. Then he turns around and sells them as uncirculated currency at $1,060 for $300 margin. I'm curious as to what he will do when/if the redenomination occurs. Bet your bottom dollar that he won't be buying any back.
  7. This video is 3 years old, but quite revealing as to how much they make off their sales of IQD. This might have been posted before, but I never saw it. Per Ali, his company is selling 500-600 million dinar per day. Buying back about 100 million per day. Netting 400-500 million sales. He buys the Dinar at $900 per 1 million dinar and sells it at $1,060 per million per a profit margin of $160 per million dinar sold. If he sells 500 million per day as he claims, his profit margin is $80,000 per day. 52 weeks with 5-day work weeks for 260 days times $80,000 equals $20,800,000. He says he buys back about 100 million each day. But at a lower rate than he sells. He claims over $100 million in sales the previous year. My hat's off to him.
  8. Keep, There you go again. Causing problems by bringing up reality. That's why you get negged. But you are correct. The lopsters never created the idea of removing 3 zeros. Shabibi had the original thought on this.
  9. Umbertin and dinarck, I'm still here. Took a break from all of this.
  10. Why do LOPsters put so much energy in these forums? Maybe you should check the thread about Okie.
  11. Simon, I don't know about everyone else, but I'd like to know who it is so that I can buy some more IQD. (hold it together) (smgjhlttuyiiyh!...hoooold it) buwahahahahahahaha!!! sorry, I'm just kidding with ya. I can never hold a straight face. Simon, we all appreciate the email that you posted. That was waaaayyy too funny.
  12. he wasn't trying to say that the RV is now IMMINENT. He was saying the RV is, now "I'M AN ANT!"
  13. "COLORED"? Did he say "colored"? What century is Okie from? OMG!!!! What kept Okie from using a different and even more endearing term? Can Okie get any dumber?
  14. If there was "disclosure" and a list of LOPsters were available (meaning that the list is not held in an archive vault 3 floors beneath the building's surface with a warning sign on the door "Beware of the Leopard"). If someone were to contact a LOPster, then the LOPster would have the opportunity before them to "warn people". The felt need would be met. And which question of mine had your "million dollar" label? Leesburg, can you tell us why have you NOT been telling people about the Iraqi Dinar lately?
  15. It almost sounds like there should be some type of "disclosure". When someone wants to purchase a franchise, they are given disclosure documents. They also receive a list of current franchise owners and a list of past franchise owners. The new prospect is given the ability to contact all current and past owners and ask them questions about the franchise corporation and their personal experience with the corporation. Someone looking to purchase IQD should have access to all sides. Question: How many people in here would purchase Iraqi Dinar today if they knew this has been going on for about 9 years? How many would purchase if an RD (3-zero removal) could change or eliminate the possible 1000 times ROI? How many would purchase if they thought after an RD of Iraqi Dinar that it could actually cause the IQD to 'lose' value as other currencies have done? I bought a small franchise a little over 3 years ago. Had the opportunity to contact previous and present owners. I did not contact them. I wish I had. The owners of the corporation painted a pretty picture. The franchisees had a different opinion and were constantly scolded in the forums. I would not have bought if I had a more rounded input about the company. Anyone in here been actively recruiting new investors for the Iraqi Dinar?
  16. This is an old article, but it probably still is useful. Link It's a lot of reading. Here is another useful resource for education. Link
  17. This is where I got that from "I would put myself in the "5 cents works for me" category. With my holdings I would have about $100,000." I had to reread it. Your grammar and composition are confusing. But that's ok, my children have the same problem.
  18. You're still in the minority. $2000? Is that all? I thought you really believed in the RV. With that $100,000 laying around, you could easily invest another $10k and it wouldn't hurt you.
  19. I think there are 300 million Americans that do not believe that the Iraqi Dinar will RV. Or else they would all be invested. Sans, you invested $100,000 in Iraqi Dinar?
  20. Then, besides the RD, the Iraqi government has the task before them to put into place economic policies that will succeed. That's rather simple. If not, the RD will still go forward and the Iraqi Dinar will also be devalued. And that would really suck. If there were more of us then we wouldn't be called the Fabulous Five, now would we?. It'd be the Superior Six, then the Spectacular Seven, the Elite Eight, the Nine Wonder-People, etc. We'd have to change our name and logo way too often.
  21. campdav's part of the dialogue is word-for-word Eagle1's chat. An exact cut-n-paste. Either Eagle1 copied it from campdav or campdav copied it from Eagle1. Either way, the exchange rate quoted in Paris and Frankfurt is incorrect. It was a glitch on the Interactive Chart over the weekend. But only on the chart. The exchange rates outside the chart never changed. The 0.16 quoted as the exchange is actually the percentage change in the exchange, not the exchange rate. Here's what they're talking about, but the glitch no longer shows. Yahoo Finance Make sure it's on Interactive Chart and Select the 5-day period. You'll see a gap that covers the weekend. The glitch no longer appears, but I did see what they were talking about. Msmortgagewiz submitted screenshots of it. This subject has been posted in three other threads. One was about the ability to exchange the dinar in Europe. And many that are in Europe validated that the proclaimed exchange was bogus.
  22. I was addressing Easy. But, since you're here. It's great what your church is doing.
  23. Clicking on this one: Opinions, Perspectives, and Your Two Cents on the Iraqi Dinar I am specific with my post. There are new posts throughout the forum. Just not in here. Read again, but slower.
  24. In a forum where opinions are prevalent, there have no posts since Jul 15 2012 07:49 PM. And that one was to resurrect a one-year old debate. Really?
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