drox

dude... reminds me of the bumper sticker.... "Learn ebonics ax me how". I am sure your post is good but your spelling lost me bro. Spell checker is all the new rage. lol

Ok... I certainly hope you are right and I am wrong. I agree with the frustration w/ the loppers. Just trying to think it thru from a common sensical approach on all of it. Redenomination makes sense. RV makes sense. Feels like Iraq is ready. I don't quite see how they could afford your number but please make it happen! Had to give you crap back.

Too many countries are owed too much money and paybacks. IMO They will suffice for a good enough government scenario to start seeing a return on their gift to the Iraqi people. FREEDOM! Paybacks will come in the form of a revaluation of currency and in freeing up their markets for exporting products and importing oil. It seems good enough to me... no matter who's in the gov.

Jackdavis1364 and spec investor... you make me laugh. I bet you would have paid attention if I would have picked an arbitrary date out of my a$$ like everyone else you DO pay attention to. This was simply a discussion of a different point of view and not a prediction. I was encouraging input. Jack I have seen your posts you are just a bitter dude and really offer nothing to any discussion I have seen so far. If I had a moon calendar I would pick the next full moon and give you a date. I bet you're bummed the world is gonna end in 2012 huh? Darn Mayan calendar. Kent...you are so right about my math being off I was just trying to make an easy reference. 350 times better probably isn't gonna help anyone. (haha) BTW... I appreciated your post clarifying actual currency numbers.

I have similar thoughts but I see a different direction. Please note that I know Jack Squat about currency trading or world markets. However, this is a huge natural resource country and every country wants a piece of that action to get some kind of a foot hold for future generations for their own country's citizens. Kind of like getting in early to be a part of the friends and family discounts down the line (oil and as a potential new trade market buddy). I so want to believe that it will RV between $1-$3 but that seems so far- fetched to me. Common sense tells me they will RV much lower (under .30). In effect, they are banking on their own potential/progress as a viable and marketable nation to dictate a slower move up in the currency value over time. For a couple of reasons... First, massive infusions of money could be a problem to worldwide economies upsetting the balances in ways that are above my pay grade to comprehend. It may sound like

Good grief... really? Makes me think of Mel Gibson in Ransom when he said..."Give me back my son!!!!"

This seemed kind of fitting for the moment.... A gentlemen goes to a restaurant and orders tomato soup. A few minutes pass and he changes his mind and changes his order to pumpkin soup. A few pass again and this time he changes his order to vegetable soup. He then gets upset and complains to the waiter that his soup is taking too long to arrive! Its going to happen when it's supposed to happen. Concentrate on your life and it will be here before you know it.

Seems kind of fitting for the moment regarding patience and persistance... A gentlemen goes to a restaurant and orders tomato soup. A few minutes pass and he changes his mind and changes his order to pumpkin soup. A few pass again and this time he changes his order to vegetable soup. He then gets upset and complains to the waiter that his soup is taking too long to arrive! Maybe it will come when it is supposed to. It's gonna happen and maybe that's all we really need to know. As a kid...if you didn't think about Christmas/Your Holiday coming didn't it seem like it was upon you before you knew it. Who knows??? Some of these people on here and their "intel tells me" comments crack me up. Go back to playing with your Rubik's cubes and reading your Nancy Drew mysteries. Review your Big Chief notebook arguments on why no one ever really stepped on the moon and each of your JFK conspiracy theories. Better yet...find a girlfriend. If you have interesting, intelligent, and helpful facts, that's great and thank you! Otherwise please keep your bogus guesses to yourself.