Drifter Posted May 1, 2015 Report Share Posted May 1, 2015 I'm dumb, but it's odd that they are on the one hand borrowing money and on the other hand have all this gold, oil and mineral reserves and claim the dinar is covered by 2.5 times. Simple really, resources in the ground aren't counted toward currency reserves. And CBI Key Financials report proves IQD is barely covered 1x. If they keep printing IQD it will drop below 1x. And no I'm not interested in arguments that CBI is reducing IQD in circulation. KF report shows they're not. 1 Link to comment Share on other sites More sharing options...
Jaygo Posted May 1, 2015 Report Share Posted May 1, 2015 Yep, starting point for borrowing money. Why is GOI borrowing money if RV is right around the corner? Once again... Does Donald Trump buy all his properties with cash in the bank? No he has 50 banks that will loan him the money so he doesn't need to use his own cash. Simple. A good business decision plus if paid correctly helps the credit score. Once again.. Simple. 1 1 Link to comment Share on other sites More sharing options...
Drifter Posted May 1, 2015 Report Share Posted May 1, 2015 Ban this Drifter guy! He has been here before with his negative crap. I think I'll ban myself. Not waste any more time where facts are ignored so people can feel good. Gosh, I didn't know investing was all about feelings. I certainly don't invest that way. Good luck to you all. Bye. 2 3 Link to comment Share on other sites More sharing options...
NeedRv Posted May 1, 2015 Report Share Posted May 1, 2015 WOW..... banned himself.. .. thats a first.... people leave but never has someone actually BANNED THEMSELVES..... way to go!!!! 5 Link to comment Share on other sites More sharing options...
Wiljor Posted May 1, 2015 Report Share Posted May 1, 2015 Just his name says it all.... Drifter????? 2 1 Link to comment Share on other sites More sharing options...
SnowGlobe7 Posted May 1, 2015 Report Share Posted May 1, 2015 I am all about listening to both sides...but did not seem to see mine 3 Link to comment Share on other sites More sharing options...
boosterbglee Posted May 1, 2015 Report Share Posted May 1, 2015 Link to comment Share on other sites More sharing options...
"Fred" Posted May 1, 2015 Report Share Posted May 1, 2015 Pay back 1,000 times more than they borrowed? No way GOI would do that. They just won't RV till bonds are paid back, probably 10 years. And if they're rolled over it'll be another 10 years. Sorry, but issuing bonds pretty much squashes any RV possibility for a long time. Another guru 1 1 1 Link to comment Share on other sites More sharing options...
climber7 Posted May 1, 2015 Report Share Posted May 1, 2015 You know what? I'm not a negative investor and I hope and pray this RV actually happens. BUT,when someone on here actually presents some FACTUAL and LOGICAL POSSIBILITIES.....you all just start to trash them and call them names. What the hell is wrong with all of you?? You rant about the liberals who have zero tolerance but then you turn around and act JUST LIKE THEM. Why not grow up and engage with some evidence of your own to have a respectable conversation/debate instead of name calling and running people off who present opinions that actually have some merit? DONE 4 3 Link to comment Share on other sites More sharing options...
SnowGlobe7 Posted May 1, 2015 Report Share Posted May 1, 2015 I was trying to talk to him .... not bashing at all. I want to know where he thinks all the gold is? 2 Link to comment Share on other sites More sharing options...
k98nights Posted May 1, 2015 Author Report Share Posted May 1, 2015 I was trying to talk to him .... not bashing at all. I want to know where he thinks all the gold is? Link to comment Share on other sites More sharing options...
SgtFuryUSCZ Posted May 1, 2015 Report Share Posted May 1, 2015 WOW..... banned himself.. .. thats a first.... people leave but never has someone actually BANNED THEMSELVES..... way to go!!!! ***/// Mr.PARROT tried to have himself committed to the LOPsterTank last night... it was awfuL ! 2 1 Link to comment Share on other sites More sharing options...
SnowGlobe7 Posted May 1, 2015 Report Share Posted May 1, 2015 it was awful 1 1 Link to comment Share on other sites More sharing options...
DinarThug Posted May 1, 2015 Report Share Posted May 1, 2015 All 3 Remaining Followers Of The LOPster DoucheSack Site Are Really Bored After Their Blog Disappeared From The Net ! 3 Link to comment Share on other sites More sharing options...
George Hayduke Posted May 1, 2015 Report Share Posted May 1, 2015 Well, that was informative, interesting and intriguing... Just who is THE DRIFTER? 3 Link to comment Share on other sites More sharing options...
skeetdog Posted May 1, 2015 Report Share Posted May 1, 2015 Matter of fact some of the shrewdest business deals that I can think of that made millionaires out of ordinary folks were decided on a ''feelin''...(micro-soft, Google)...Some of my best decisions were made on a feelin'...and hopefully I'll be able to cross-off becomin' a millionaire on my ''Hunches Bucket List''... 1 1 Link to comment Share on other sites More sharing options...
Rome M Posted May 1, 2015 Report Share Posted May 1, 2015 Drift drift lop lop bash bash skeet skeet skeet skeet! Great conversation guys im loving it GO RV! 1 Link to comment Share on other sites More sharing options...
RV-2-Day Posted May 1, 2015 Report Share Posted May 1, 2015 Hmmmm What if they do the $5m bond pre-RV, convert the $'s into Dinar, then RV 1:1 and have $5.835E+12 2 Link to comment Share on other sites More sharing options...
skeetdog Posted May 1, 2015 Report Share Posted May 1, 2015 See...I knew sooner or later someone would come up with a good idea.... Link to comment Share on other sites More sharing options...
stealthwarrior Posted May 1, 2015 Report Share Posted May 1, 2015 The fat lady could be starting to sing. 1 1 Link to comment Share on other sites More sharing options...
davis411 Posted May 1, 2015 Report Share Posted May 1, 2015 If you invest based on hopes and dreams that are contrary to the facts, I would question the wisdom of that. agreed tried to have a conversation and now he/she/it self banned themselves. I tried to ban myself from drinking before, didn't work out that well i will miss drifter and their positive outlook, all opinions taken, but not all negative and not all positive, not the way life works davis 1 Link to comment Share on other sites More sharing options...
skeetdog Posted May 1, 2015 Report Share Posted May 1, 2015 We can all do back-flips off the wagon while we wait for ''Difter'' to come back so we can watch him do back-flips...... ""Stealth'' let's just ''Hope'' all that noise is comin' out of the right end... 1 Link to comment Share on other sites More sharing options...
davis411 Posted May 1, 2015 Report Share Posted May 1, 2015 The fat lady could be starting to sing. why you say that you meet my wife hahahahha joking joking 1 Link to comment Share on other sites More sharing options...
AJC Posted May 1, 2015 Report Share Posted May 1, 2015 Love the news !!!!! Link to comment Share on other sites More sharing options...
Markinsa Posted May 1, 2015 Report Share Posted May 1, 2015 You know what? I'm not a negative investor and I hope and pray this RV actually happens. BUT,when someone on here actually presents some FACTUAL and LOGICAL POSSIBILITIES.....you all just start to trash them and call them names. What the hell is wrong with all of you?? You rant about the liberals who have zero tolerance but then you turn around and act JUST LIKE THEM. Why not grow up and engage with some evidence of your own to have a respectable conversation/debate instead of name calling and running people off who present opinions that actually have some merit? DONE He didn't have any "verifiable facts" to back up his argument, when I confronted him. "Not conjecture at all. Established proven verifiable facts. Google "sovereign bonds" and you can learn all about it." He came on here expecting to intimidate and scare people with non-existent "facts" (see below), that's what I don't like. 1. And it proves Iraq will keep using USD in foreign banking & trade for a long time. (Opinion) 2. Foreign buyers of Iraq bonds want USD repayment not IQD. (Opinion) 3. They won't touch Iraq bonds if there is any possibility Iraq would try to repay in IQD. (Opinion) 4. It would be illegal anyway if bonds are denominated in USD. (Where would it be illegal? Iraq? ) Read more: http://dinarvets.com/forums/index.php?/topic/201735-exclusive-iraq-seeks-credit-rating-before-jumbo-bond-issue/page-5#ixzz3Yv1QvWr6 . 2 Link to comment Share on other sites More sharing options...
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