Reuters article...

[CompSCI]

"It's not a question of if, but when Iraq revalues its currency," said the Las Vegas-based Scarpa, who keeps dinars in his retirement account. "The dinar will eventually have substantial value, possibly the highest in the world."

Reuters Article

...

[SocalDinar]

Interesting.

Thanks CompSCI

[KNTIME]

Thanks for the interesting article CompSCI! That's what I think we are all banking on

[TexasGranny]

FYI: Ron Scarpa is a highly respected Dinar Vets member.

[skitealwedrop]

Your stepping out on a limb, TG. I'm sure you understand my post.

[TexasGranny]

Your stepping out on a limb, TG. I'm sure you understand my post.

Afraid you lost me ski - ronscarpa has been a member on DV since Jan 2010. He was also a chat moderator for a while and

is still listed as such. I didn't comment on the article, I simply stated that the person in the article is a member of DV.

And No, I don't understand your post at all.

[R Veyron]

I think the real significance here is that a main stream media source such as Reuters has run such an article and did a very good job at being objective.

[aliciadogz]

Very good article,thank you !!

[jeepguy]

FYI: Ron Scarpa is a highly respected Dinar Vets member.

hahaaaaaaa ,,,, started reading the article and the name ron scarpa hit me --- i saw that name on a couple of post and articles ,,, if i remeber right he has the i-con of a plane !!!!! ---- very cool thanks folks ,,,,

[TPSprayduster]

http://www.reuters.com/article/2012/11/16/us-forex-investments-dinar-idUSBRE8AE1SV20121116

[littlefeet]

I thought it was restaurants.................nevermind

[jackster]

"Iraq's deputy central bank governor Mudher Kasim told Reuters that process could take three years."

 

So another 3 years from Nov. 2012.

[The Machine]

I think the real significance here is that a main stream media source such as Reuters has run such an article and did a very good job at being objective.

 

+1 you have made the most valid observation of the original post out of all the reply's so far

[armondtoth]

"It's not a question of if, but when Iraq revalues its currency," said the Las Vegas-based Scarpa, who keeps dinars in his retirement account. "The dinar will eventually have substantial value, possibly the highest in the world."

Reuters Article

...

Revaluation will only happen once the Iraqi government stabilizes. Iraq's central bank hopes to make one dinar equal to $1 at some point through redenomination and central bank-induced appreciation.

 

Notice he said redenomination

[TQueezy]

Running the risk of sounding flippant, I want to say that our speculation in this currency getting high profile mainstream media attention is probably not the best thing, as more people will be tempted to join in with us and Iraq will have even less prerogative to revalue. Just sayin'... where muh LOPsterz at?!

[slb]

Running the risk of sounding flippant, I want to say that our speculation in this currency getting high profile mainstream media attention is probably not the best thing, as more people will be tempted to join in with us and Iraq will have even less prerogative to revalue. Just sayin'... where muh LOPsterz at?!

If all the dinar is accounted for, what difference does it make who holds it?