marc2
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Location
Littleton, CO
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Fishing, flying RC Planes
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Deli Manager
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My Facebook Profile ID
Mark Sedlacek
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Okie? TK? and some things for EACH of us to think about
marc2 replied to Don Paul's topic in Dinar Rumors
You know, a few days ago I visited J4D and listened to the feeding frenzy going on surrounding Okies predictions. people were being band right and left who simply disagreed with the predictions. I myself tried to inject perspective but was labled a neg and band before I could present my case. What a shame, I enjoy going to all these sites and listening to ALL. I comment very little and will be more carefull in the future. NEVER SAY ANYTHING ABOUT ANYONE BEING WRONG. because before you can present you reasoning during the frennzy you are kicked or banned. I love facts and will continue to search for them, but will keep them to myself. I do LOVE DV, it was the first dinar site I ever followed and continues to be conducted proffessionaly. forgive the spelling..never my strong point LOL. -
When the RV hits...............what do i do?
marc2 replied to lorenquemari's topic in ISX (Iraqi Stock Exchange)
This post is like how old? -
ME TOO ..cant get into chat...but I will chat on other sites untill this gets fixxed
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I hope you are not blowing smoke up our BUTTTTS
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Wow “Annonymous” told us everything we already know..What a pumper
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did you mean dinar is waitting and getting cold
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who put you in bondage? who put you in debt? ...pay your bills...and stop using scripture to justify bad personal economics....I believe if you think you should give 10% to God or his church..maybe you should think about giving 90% and keeping 10%........that's sacrifice...imho.
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10,000,000/25k = 400 25 dinar notes or 10,000 dinar * 1.17 = 11,700. dollars
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This was written March 15 and doesn't give any details. However, this does sound more and more what we are heading for. this would mean that a 25k note becomes 25 dinar with a value of 1.17 dollars per 1 dinar according to the artical....I for one don't know....just playing the waitting game and hoping for the best.
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Ive said June all along
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thats the dollar in green...it increased
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I would like to agree with you ...nobody really knows if it will RV or L O P...If it does lop it would be neutral and you wont loose, you just wont be an overnight millionar. even after that, if you hold out as long as you can over time you will make a good return...just not the return we all want.
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JUNE is the RV at .05 ...there I said it
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I believe 1170 is the so called RV and it has beem managed at that level for over 1 year...If they would periodicaly allow it to float from here on, we would see that the value of the dinar is much higher at this point...I believe somewhere around 1000. But as the Iraqi economy improves, the dinar will gain speed. Still at this rate of improvement it will take around 2 years to reach .01 US. And that is only if everything goes well.
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I would just like to say that one question that is never answered by anyone seems to be, What happens to the 16 Trillion dinars in circulation after an RV? Everyone needs to ask this question. How can Iraq RV all though s dinars at anything above .05 to .10 and not assume extraordinary high international debt? I f you have 16 Trillion dinars and RV them at even $1 you now have 16 Trillion dollars in debt. Thats larger than the US debt. It would take Iraq a century to climb out of this amount of debt and at the cost of reconstruction. I've heard They don't want speculators so they need to come out high...WRONG...Iraq doesn't care who owns the dinar..it doesn't matter. I believe any RV is going to come out lower than most people in here and have a controlled float attached to it for at least a year or more. Iraq will be able to recover a lot of outstanding dinar over time and slowly.