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jlldrs

Med Chat: 4/9/10 @ 8:08pm

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For once Medic is on the right track in the analysis of the news he referenced. IMO ... the dinar isn't going to 'come out' at what it was pre-Saddam, just because we were told that to buy dinar and make the dealers a nice living. Iraq STILL does not have the incoming revenue (GDP) to warrant and sustain a high dollar currency. I would think the most important step is to be internationally traded, get on the forex and be legitimized ... then the value will iincrease or decrease just like any other currency. That's when the fun starts .... trying to decide when to cash in. Good luck.

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For once Medic is on the right track in the analysis of the news he referenced. IMO ... the dinar isn't going to 'come out' at what it was pre-Saddam, just because we were told that to buy dinar and make the dealers a nice living. Iraq STILL does not have the incoming revenue (GDP) to warrant and sustain a high dollar currency. I would think the most important step is to be internationally traded, get on the forex and be legitimized ... then the value will iincrease or decrease just like any other currency. That's when the fun starts .... trying to decide when to cash in. Good luck.

I will cash in anything higher in my possesion of $1000 or more and hang on to the rest for a bit.

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