pitcher19 Posted March 22, 2010 Report Share Posted March 22, 2010 I have a question that I hope someone with some insight will answer. If the dinar is about to revalue to $1.00 with no lop and all the "experts" say it nearly over - then why can you still buy dinars for $1,050.00 per million. It would seem that there would be no dinar available and the dealers would raise their price?? Link to comment Share on other sites More sharing options...
C_BOLT Posted March 22, 2010 Report Share Posted March 22, 2010 Trade Currency is similar to the Stock Market - when it is bought or sold - at that moment you have locked in the rate or sale price. However, one note is that - yes - you may expect to find a locked period right before the change - in other words, you may see a 24-48 hour period wherein you cannot buy.Also - with regards to our investment - we are dealing with IRAQ and everything is so dynamic right now - Currency Traders are going to sell right up until the end. For example - if they recevied word of the iminent RV and then it does not happen - they would lose money or opportunities to trade.Hope that helps - that is my take on the situation. I could be de-bunked by the more knowledgeable persons on this site as I too am new to this activity. Link to comment Share on other sites More sharing options...
Dinarkicker Posted March 22, 2010 Report Share Posted March 22, 2010 It helped me thank you Link to comment Share on other sites More sharing options...
warrengz Posted March 22, 2010 Report Share Posted March 22, 2010 Correct! Traders make their money on the 'spread' of the rate they get from their source and then sale to you. Thats where their money is made. Makes no difference what the monetary value of the particular currency is or will be, their obligation is to trade it (it is a law/requirement for them to be traders). They will continue to sale right up to RV and even after RV. Link to comment Share on other sites More sharing options...
WISHBONE Posted March 22, 2010 Report Share Posted March 22, 2010 WOW, i think i would have a hard time letting go of a million for a thousand being a trader or not....why not keep it and trade it when the value is substantially more????? Link to comment Share on other sites More sharing options...
bobstick Posted March 22, 2010 Report Share Posted March 22, 2010 My problem in thinking is wondeing where they are going to get the trillions of U.S. dollars to pay off. Link to comment Share on other sites More sharing options...
carlablum Posted March 22, 2010 Report Share Posted March 22, 2010 Wouldn't an RV do that? not sure but just a question? Link to comment Share on other sites More sharing options...
HINK Posted March 22, 2010 Report Share Posted March 22, 2010 If the Dinar dealers stopped trading every time there is a rumor of the RV happening...they would lose the confidence of the buyer..so it pays to keep selling until the last moment... Link to comment Share on other sites More sharing options...
WHATTHE Posted March 22, 2010 Report Share Posted March 22, 2010 i could be wrong, but the currency that dealers have for sale (trade) is not their personal stuff. i don't believe they get to keep for themselves what they don't sell or if a currency they sell suddenly goes way up or down in value they themselves profit or lose, so they don't hoard currency if they think it's going way up. i don't think it works that way. Link to comment Share on other sites More sharing options...
iluvdinar! Posted March 22, 2010 Report Share Posted March 22, 2010 yes, i agree with WHATTHE. It's not their money, they are simply brokers. It's like a real estate broker, or a car salesmen. They don't get to keep all the houses they don't sell, or the cars they don't sell. They have no choice but to sell always. I'm not sure they would even stop when it RV's. They are not losing any money. Link to comment Share on other sites More sharing options...
gr8cooker142 Posted March 22, 2010 Report Share Posted March 22, 2010 consider them a bookie making a vig Link to comment Share on other sites More sharing options...
clickme Posted March 22, 2010 Report Share Posted March 22, 2010 RV has happens yet. Business still moving; Dinar dealers must keep selling. A simple analogy would be if you believe those "experts" then why don't stop working now since it is going to RV around $1? Link to comment Share on other sites More sharing options...
TIM Posted March 22, 2010 Report Share Posted March 22, 2010 Because know body knows yet when, there like you and i waiting! Been on this ride since 2004, wait and see. Link to comment Share on other sites More sharing options...
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