dontlop Posted January 19, 2015 Report Share Posted January 19, 2015 What I don't get is every single actual financial institution that writes about this says it's not going to happen because it's not the way currencys work At first this investment was all tied to and wrapped around the fact that just like the kuwait dinar revalued so will the iraq dinar But the iraq dinar was slowly destroyed by its govt for about 20 years starting with the iran iraq war spending And the kuwait dinar was reinstated the same day the govt came back to kuwait This has been 10 years now since the new parlimentary govt was installed , does anyone think that the currency should be a priority ? Ten years isn't enough time evidently so what is enough time ? I know I should think positive The more time that passes I get less and less positive not more and more positive Link to comment Share on other sites More sharing options...
roger01 Posted January 19, 2015 Author Report Share Posted January 19, 2015 If it were a neutral event, they could easily come out and say 25k is now 25. So to me that tells me that there's more going on here to try to bring back a strong value to their currency. At least that's my belief. 3 Link to comment Share on other sites More sharing options...
pokerplayer Posted January 19, 2015 Report Share Posted January 19, 2015 If it were a neutral event, they could easily come out and say 25k is now 25. So to me that tells me that there's more going on here to try to bring back a strong value to their currency. At least that's my belief. That is an excellent point roger1. You make good sense. If that is what they would do then they could RV anytime with no real change. I love it. pp Link to comment Share on other sites More sharing options...
dontlop Posted January 19, 2015 Report Share Posted January 19, 2015 I agree too Look at Japan their exchange rate is .0084 to the dollar They are in the wto Their currency is globally traded on the forex It's a free floating currency Japan's 5 trillion dollar gdp is 25 times what Iraqs is So does iraq need to change its exchange rate at all for any reason Link to comment Share on other sites More sharing options...
roger01 Posted January 19, 2015 Author Report Share Posted January 19, 2015 I would say no to your answer about having to do anything but that's where I would ask the question of why would all of the countries forgive their debt without something in return? It could be for cheaper oil but suspect that with our debt that this event could rebalance the world economy for awhile, until we blow that money too! 1 Link to comment Share on other sites More sharing options...
dontlop Posted January 19, 2015 Report Share Posted January 19, 2015 What would make Iraqs currency float up when it's gross national product is 200 billion dollars If Japan's currency doesn't float up with a 5 trillion dollar gross national product I think it has to do with the amount of currency in circulation Link to comment Share on other sites More sharing options...
Cronus Posted January 19, 2015 Report Share Posted January 19, 2015 When I bought my dinars I figured it would take about 10 years. I was hoping for it to go to .05 to .10. Just passed my 10th year and I was wrong on both. Guess I have to wait another 10 years and hope for .005 to .01 LOL Link to comment Share on other sites More sharing options...
roger01 Posted January 19, 2015 Author Report Share Posted January 19, 2015 I would assume that the cbi has the ability to take a massive amount of dinar and destroy it rather quickly. To bring down the currency in circulation with help of the auctions thereby raising the value? Link to comment Share on other sites More sharing options...
saradise Posted January 21, 2015 Report Share Posted January 21, 2015 I can't remember....does Iraq begin their week on Sunday instead of Monday? I thought a while back there was some discussion that an RV would likely happen at the beginning of their week....which would either be a Saturday night or a Sunday night for us here in the US. Thoughts? Link to comment Share on other sites More sharing options...
marvel Posted January 21, 2015 Report Share Posted January 21, 2015 I also have been following closer since Adam's emails. I read posts but I really read Adam's remarks. I do not try to predict when this investment will show a positive outcome, however, I feel it should be soon and will be positive. If I am wrong, I did not invest more than I can stand to lose. 1 Link to comment Share on other sites More sharing options...
tankdude Posted January 21, 2015 Report Share Posted January 21, 2015 I can't remember....does Iraq begin their week on Sunday instead of Monday? I thought a while back there was some discussion that an RV would likely happen at the beginning of their week....which would either be a Saturday night or a Sunday night for us here in the US. Thoughts? saradise - the Iraq week is indeed from Sunday to Thursday. Friday is their holy day, and Saturday kind of a hold over. Link to comment Share on other sites More sharing options...
Canadian in Aussie Posted January 22, 2015 Report Share Posted January 22, 2015 Love your thought process. However, like most of us here your using intellectual thinking. The world leaders, however, don't have that capacity. Well said LGD. +1 Link to comment Share on other sites More sharing options...
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