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PringlesRV
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Posts posted by PringlesRV
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Yes, I understand what you are saying but, it doesn't change anything. The 25 dinar note will be just as hard to earn as the 25000 dinar note. Instead of earning 3 mil. Dinar a year, a family will earn 3 thsnd dinar a year. Instead of 130 bln dinar budget, --- 130 mln. budget. It all buys and pays the same, everyone just has fewer dinars in their pocket. Nothing is stronger until they raise the value. Just makes it easier to be an accountant.
What if they LOP then revalue to 1:$3? They still make 3,000 dinar a year, but now that 3,000 dinar will buy $9,000 worth of goods. Seems more logical than that 3 million dinar a year buying $3 million worth of goods in a 1:1 RV situation.
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Maybe I can trade all of my dinar for one bar of gold? Think they would be down with that if I don't tell anyone?
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So, no HCL it looks like. Unless I am missing it...
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Keep..... no disrespect here. Did you not really mean 2500 times it's current value? From what I saw they stated "two dollars and a half dollar for each dinar inside and outside" where the current value is 1166:1. Set me straight if I'm wrong.
There is said to be about 33 trillion IQD in circulation which is worth about 30 billion USD. Iraq said they have 80 billion USD in reserves which means they are backing it by about 2.5 NOT 2500.
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There are many more questions...but these are the ones that we need answer to, to accurately answer your questions on this speculation event. That's why it's speculation...either we win, draw, or lose. I think we're going to win, I just hope it's much more than and faster than my brain is telling me. Pray hard!
What situation would cause us to lose? Even with an RD they would at least put it at 1:1 and most likely 3:1 so we would still make 3X our investment. Correct?
I don't know of a scenario where we lose. They wouldn't just change the currency and any currency you have is void. I guess they could do an "in country" only but that doesn't put them on the international market which is what they want, don't they?
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But on dinartrade, if I don't make the payment for the rest of the 90% I still get the 10% that I paid for... My plan is to put a huge amount on layaway, if it RVs I pay the other 90%, if it doesn't then I just get the 10% that I paid for.
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And, this great insight is based on what exactly?
Roadrunner
Experience from the past 8 years that I have been involved...
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If it doesn't happen in the next 7 days then it will be Jan 2014 or even later...
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"God" and the RV...
in RV & Dinar Questions
Posted
I just find it funny that a lot of the people on here seem to be quite religious and believe that their god will bless them. However, the people who are "in control" of the RV actually happening are pretty much all Muslim and don't share the same god. Why would they want to make all the Christians and Catholics rich? I think they would rather have their currency and economy suffer than help people of other religions. They take their religion quite seriously over there...