Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content

john1025

Members
  • Posts

    186
  • Joined

  • Last visited

Everything posted by john1025

  1. K98nights, I posted this article myself but it was taken down,probably because it was posted by you. A savvy investor will look at all sides of an investment and of course at the end will decide for him/her self. To me this guy sounds just like the rest of us. Sick and tired of all the hype with dates and rates and it does make you wonder if there isn't an agenda to pump up dinar sales. If you didn't think about it you'd be crazy or very nieve. I'm glad the powers that be left this post for all to consider.
  2. babydoll, fortunately for all I don't show that side often. Just having a bad day I guess. Sorry again.
  3. Hi Barbann, Personally I've been trading on forex for sometime and for 23 years owned and operated a retail currency excange in Seattle, Orlando, and LAX , and have done quite well in both endevors. I trade on margin and yes there are risks involved, but it can be fun and very profitable and you can get started with very little investment. Thanks for the advice anyway.
  4. I wanted to apologize for my chat with you this morning. I shouldn't have called you dumb and it was not called for. I was only trying to explain how to figure the exchange rate and some got very testy with me and said I was wrong. First let me say, that even though I lost my temper with you, I am not wrong and I will try to explain it better in this post. I am not an expert though I have been dealing with foreign currency exchange for over 20 years and even owned a business exchanging currency. So I think I can figure out the exchange rate. So here goes You have 1,000,000 dinars. the exchange rate for dinar is .862 divide $1.00 you get 1.16. now, many of you believe that this is the exchage rate and that the dinar you hold is worth One Dollar and Sixteen Cents. Wrong. That 1.16 represents 1 dinar + 1 16th of a dinar hence 1.16. Another way, if you have 1,000,000 dinar and divide this by 1.16 dinar you come out with $862,000 . if you take .862 x 1 million you get $862,000. what you were saying in chat this morning is that 1.16 is the rate, if you were right, then you would have $1,160,000 but unfortunately you are not right. .000862 take off 3 zero's and it's .862 that is the rate of exchange, then take 1.00 divide by .862 and you get 1.16 which is dinar not dollars. take your 1,000000 divide by 1.16 and you get $862,000 US. Or just do it simply and take .862 x 1,000,000 and you get $860,000. I simply do not know another way to explain this and I hope this helps. Again I apologize for losing my temper.
  5. It makes perfect sense to me given their track record. I agree we will not see an rv anytime soon if this is correct. What's with all the bogus info we've been getting lately?
  6. For the record... I appreciate Enorrets efforts and personally like him very much. It doesn't mean I have to agree with him on everything. It is wise to see all sides and yes I think much is lost in translation, but who's translation? I agree with Barbann and would like to hear from Netinfo on these words re evaluation/re valuation. Makes a big difference in my book.
  7. I was wondering when someone was going to point out one obvious flaw in E's anaylsis, Re- evaluate, Not Re Value,the Iraqi Dinar . So many times we see what we want to see rather than what's really there. So what part of Steve's anaylsis do you agree with?
  8. A lot of questions regarding Foreing Currency Trading have come up in Chat, so i thought this might be helpful So here's an introduction to currency trading Forex, foreign exchange and fx trading are all different names for currency trading, where one currency is exchanged for another in the hope of making money when the exchange rates change. These rates are constantly changing due to market news, national events or a knock on effect from changes in the stock exchange. At the most basic level, imagine you exchanged some US dollars for British pounds. You might give $100 to buy
  9. nope, I didn't revise anything. I wouldn't even know where to begin!
  10. http://en.aswataliraq.info/?p=127789
  11. February 28, 2010 Foreign exchange reserves at the central bank .. Conflict development or stability? الدكتور سعد حسون الحيالي Dr. Saad Al-Hassoun Hayali [states] that the principle of economic development is economic stability, political, and social development. The question of financing development should not be moving towards the use of federal cash reserves; the fact is that this reserve is dedicated to support the national currency; [furthermore] the CBI [states that] country
  12. very interesting.....that he's managing to control himself. We'll see, I am patiently waiting real news.
  13. No you look and see! the rate is 1164 as it has been for months and months. I said this is chat 6 times today when you and others kept insisting, I even showed you where to get the right rate. I know you're excited but you've got to get a grip.
  14. I get the joke, I just don't understand what it has to do with Enorrste.
  15. Welcome, we have a great group of people here who work very hard to find the lastest on our investment.
  16. Not sure I understand your post. Do you want to read a post from Medic or not?
  17. the iqd is not a tradeable currency. This means that it is not traded on the open market, such as the us dollar or the euro. Technically it is only a collectable.
  18. psycopath and narsisist. I pegged you right my boy! Get on some medication quickly.
  19. People, Pleople, as with any investment there is a chance to lose. In this case the worse that can happen is you break even minus a service fee. It's the cost of doing business. If the RV doesn't happen and I'm on record as saying it will not happen on March 1st but closer to the end of the year and then it will be RD/RV at the same time. We still break even. This is not a bad thing. It is my belief that the currency will then be allowed to float on the open market and may gain value up in the 2.00 range. We will make a modest profit. There are so many investments you can make and lose everything. This one at least is giving you the chance to make a modest profit without any risk. Be glad not sad. What is my intellegence you ask? None but my own experience of 23 years of FX trading.
  20. Oh God yes, somebody gets it! Yeah Rickybobby!
  21. rd/rv before the end of the year.
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.