Squaredaway Posted December 28, 2009 Report Share Posted December 28, 2009 Adam, you apparently have connections with people in the Iraqi financial or government circles. Here's a suggestion that you may pass on to those people who determine the reval rate and date. HOW ABOUT INITIATING A TWO STAGE REVALUATION BETWEEN NOW AND MARCH 7, 2010 - THE IRAQI NATIONAL ELECTION DATE? By revaluing the dinar right now, before the end of the calendar year, at $.10-$.20 a dinar, investors from around the world will be able to cash in enough dinars this year for whatever financial or tax reasons they could benefit from. The Iraqi government would start retrieving the large denomination notes ($25,000) that have been sold and which, apparently, they want back asap. The Iraqi government and the Iraqi people should immediately have better buying power with any reval. Important programs that are currently on hold to rebuild the country could get started prior to the election. Of the 8 million Iraqis who are poverty stricken, the reval may come just in time to prevent these people from starving to death in one of the richest countries in the world. Then, within a few weeks before the 3/7/2010 election, revalue the dinar again - at the original projected - and IMF approved - revalue amount of $1.47(?) - or leave it alone if, by then, the rate increases to an even higher rate than the $1.47. The presidential candidate who initiates such a plan, now, will probably win the election as well as being a national hero. There may be naysayers out there saying this idea is delusionary or "folly" and that this plan wouldn't be following "revaluation protocol" - whatever that is. But so what. If it's legal, do it - instead of allowing so many investors to continue being frustrated with rumored reval dates and rates that turn out to be false alarms! Everybody will be winners. People who don't need to,or want to convert their dinars right away are no worse off by waiting until the dinars are revalued again or as the value naturally increases. They still have a choice as to when to exchange their dinars for dollars. Revaluing the dinar right now could also instigate high volume buying by the professional investment firms in the traditional manner of buying low and selling high and in a much less speculative an atmosphere. Even the "global overlords" who now control and rule just about everything in the world should approve of this type of a plan. The people of Iraq will benefit, too. The individual running for office who implements this plan will be a "shoe-in" in the March 7 election.You don't have to go to Dubai to pass this along, do you? That's the beauty of the internet, isn't it. Link to comment Share on other sites More sharing options...
allIneedisonemillionusd Posted December 28, 2009 Report Share Posted December 28, 2009 I would think a low RV would cause serious speculation purchases. Countries would purchase billions (usd) of Dinar waiting for the increase to come. This would cause serious stability problems. IMO Link to comment Share on other sites More sharing options...
mauser Posted December 28, 2009 Report Share Posted December 28, 2009 Roger that.... there are speculators around the world that can afford 100,000 to 200,000 dollars for 1 mil. dinar with knowing Iraq is wanting to have the dinar at the rate it was back in the 80's... Iraq would loss billions if not more.. Link to comment Share on other sites More sharing options...
allIneedisonemillionusd Posted December 28, 2009 Report Share Posted December 28, 2009 I think we need to remember that we as investors are small potatoes. I don't think the decision to do whatever they do has anything to do with us. If the rumor of the US have trillions of Dinar, that is big. Imagine what some of the other countries have. We as personal investors don't make up a drop in the huge bucket on a global scale. Link to comment Share on other sites More sharing options...
zoomzoom Posted December 28, 2009 Report Share Posted December 28, 2009 Is it not arrogant on our part, to think we somehow can advise the government of Iraq on their financial decisions, just because we own some of their currency and can't wait to make a killing? We have no say in what our government does, why do you think they should listen? Link to comment Share on other sites More sharing options...
muydinar Posted December 28, 2009 Report Share Posted December 28, 2009 a low RV would kill the value and Iraq's flourishing economy. If it happens it's financial suicide! Link to comment Share on other sites More sharing options...
rand Posted December 28, 2009 Report Share Posted December 28, 2009 Great read. great ideas that make sense. but, I keep hearing how the rest of the world could benefit from this rv and I really don't think Iraq gives two hoots about how the rest of the world might benefit from their rv. they are looking to benefit Iraq and I Iraq alone. Link to comment Share on other sites More sharing options...
bmrlaone Posted December 28, 2009 Report Share Posted December 28, 2009 speculators. love'em or leave'em. this one i will leave. kawait and germany did nothing like this. its a currency reinstatement - straight up. .10 on the dollar will not keep maliki's promise of ending unemployment by end 2009. Link to comment Share on other sites More sharing options...
Rebel1 Posted December 28, 2009 Report Share Posted December 28, 2009 Not cashing in at .10.20.I'll burn it first. Link to comment Share on other sites More sharing options...
Patriot1 Posted December 29, 2009 Report Share Posted December 29, 2009 rand, I agree that the GoI, CBI and especially the Iraqi Parliament likely resent that millions of infadels will benefit monetarily from an IQD revaluation. Unfortunately, I don't think these three sectors give half a hoot about the average Iraqi who continues to suffer from massive government corruption and public servants who are more interested in padding their own pockets than truly improving the standard of living of their citizens. The only time they will placate the masses is when they want their upcoming vote in the March election.Great read. great ideas that make sense. but, I keep hearing how the rest of the world could benefit from this rv and I really don't think Iraq gives two hoots about how the rest of the world might benefit from their rv. they are looking to benefit Iraq and I Iraq alone. Link to comment Share on other sites More sharing options...
Torey0112 Posted December 29, 2009 Report Share Posted December 29, 2009 IMO.... I think last minute decisions will be made for Iraq to join the GCC.. I have been sayi g this all along.. It just makes sense.. Or they will rv close to the gcc number of 2.66 and enter later. 2) they wil rv over 3.00 to make Statement/then be asked to join the rest of the oil producing countries. IMO ! Link to comment Share on other sites More sharing options...
Patriot1 Posted December 29, 2009 Report Share Posted December 29, 2009 Do you fully understand that a .10 or .20 revaluation would equate to $100,000 and $200,000 usd per one million IQD? Would you really torch that kind of cash?Not cashing in at .10.20.I'll burn it first. Link to comment Share on other sites More sharing options...
kaperoni Posted December 29, 2009 Report Share Posted December 29, 2009 Low RV will achieve nothing for the Iraqi people...if it could, it would have been done already. A RV at the SDR rate $1.47 or so will be what happens and will be timed for the benefit of the Iraqi people. This is a no cost RV fully funded from the resale of the currency to new investment speculators. They are not worried about funding it, but timing and infrastructure to support it. Link to comment Share on other sites More sharing options...
Duce Posted December 31, 2009 Report Share Posted December 31, 2009 Low RV will achieve nothing for the Iraqi people...if it could, it would have been done already. A RV at the SDR rate $1.47 or so will be what happens and will be timed for the benefit of the Iraqi people. This is a no cost RV fully funded from the resale of the currency to new investment speculators. They are not worried about funding it, but timing and infrastructure to support it.What is a "SDR Rate"? what does that stand for?Thanks, Link to comment Share on other sites More sharing options...
avenger380 Posted December 31, 2009 Report Share Posted December 31, 2009 What is a "SDR Rate"? what does that stand for?Thanks,Special Drawing Right. This is something that is a part of the IMF, World Bank, and the Federal Reserve. It is paper money. Link to comment Share on other sites More sharing options...
EddieX Posted December 31, 2009 Report Share Posted December 31, 2009 I really don't see what it is with people and this 10 cent stuff. That would be suicide, plain and simple. Link to comment Share on other sites More sharing options...
Treyn Posted December 31, 2009 Report Share Posted December 31, 2009 Special Drawing Right. This is something that is a part of the IMF, World Bank, and the Federal Reserve. It is paper money.This is the worlds way of moving us to a One World currency and then of course a One world government Link to comment Share on other sites More sharing options...
kerrybas77 Posted December 31, 2009 Report Share Posted December 31, 2009 I'm with you buddy Link to comment Share on other sites More sharing options...
mdddek6 Posted January 1, 2010 Report Share Posted January 1, 2010 Do you fully understand that a .10 or .20 revaluation would equate to $100,000 and $200,000 usd per one million IQD? Would you really torch that kind of cash?yes i will Link to comment Share on other sites More sharing options...
teenager Posted January 1, 2010 Report Share Posted January 1, 2010 Adam, you apparently have connections with people in the Iraqi financial or government circles. Here's a suggestion that you may pass on to those people who determine the reval rate and date. HOW ABOUT INITIATING A TWO STAGE REVALUATION BETWEEN NOW AND MARCH 7, 2010 - THE IRAQI NATIONAL ELECTION DATE? By revaluing the dinar right now, before the end of the calendar year, at $.10-$.20 a dinar, investors from around the world will be able to cash in enough dinars this year for whatever financial or tax reasons they could benefit from. The Iraqi government would start retrieving the large denomination notes ($25,000) that have been sold and which, apparently, they want back asap. The Iraqi government and the Iraqi people should immediately have better buying power with any reval. Important programs that are currently on hold to rebuild the country could get started prior to the election. Of the 8 million Iraqis who are poverty stricken, the reval may come just in time to prevent these people from starving to death in one of the richest countries in the world. Then, within a few weeks before the 3/7/2010 election, revalue the dinar again - at the original projected - and IMF approved - revalue amount of $1.47(?) - or leave it alone if, by then, the rate increases to an even higher rate than the $1.47. The presidential candidate who initiates such a plan, now, will probably win the election as well as being a national hero. There may be naysayers out there saying this idea is delusionary or "folly" and that this plan wouldn't be following "revaluation protocol" - whatever that is. But so what. If it's legal, do it - instead of allowing so many investors to continue being frustrated with rumored reval dates and rates that turn out to be false alarms! Everybody will be winners. People who don't need to,or want to convert their dinars right away are no worse off by waiting until the dinars are revalued again or as the value naturally increases. They still have a choice as to when to exchange their dinars for dollars. Revaluing the dinar right now could also instigate high volume buying by the professional investment firms in the traditional manner of buying low and selling high and in a much less speculative an atmosphere. Even the "global overlords" who now control and rule just about everything in the world should approve of this type of a plan. The people of Iraq will benefit, too. The individual running for office who implements this plan will be a "shoe-in" in the March 7 election.You don't have to go to Dubai to pass this along, do you? That's the beauty of the internet, isn't it.Good thought but:)To low an initial revalue rate could destroy Iraq financially. Large speculators could move in an buy up large amounts of Dinar at the rate you suggested and wait for the value to float or revalue upwards. Also large blocks of land could be purchase in Iraq by outsiders. In the end Iraq could lose on too low of a revalue of their currency. Perhaps the best solution would be to revalue at a rate on par with neighboring countries. I for one would not cash my dinar at too low a rate. I'd wait.Good luck to us all with this investment. Link to comment Share on other sites More sharing options...
now3here Posted January 1, 2010 Report Share Posted January 1, 2010 I would be very happy with .10 - .20, but would hold most for a higher return, IMO Link to comment Share on other sites More sharing options...
Patriot1 Posted January 1, 2010 Report Share Posted January 1, 2010 Treyn, IMO, there is absolutely nothing 'SUPREME' about the pathological liar, BHO; a.k.a. Barry Soetoro, but I certainly agree that this 'poser' will likely facilitate the introduction of a one-world government and ultimately, the A-C. Game-Set-Match at that point. This is the worlds way of moving us to a One World currency and then of course a One world government Link to comment Share on other sites More sharing options...
Muhammad Posted January 1, 2010 Report Share Posted January 1, 2010 I would be very happy with .10 - .20, but would hold most for a higher return, IMOIt is impossible to revalue at such an amount of ridiculous rate and then re-revalue it again in future. When it enters into the World Forex as a revalued currency, it is difficult to be re-revalued to a much higher rate till another year or decade, perhaps. Do you know how much paper works, calculations/mathematical formulae, comparisons and evaluations are involved before making a shrewd assessment to provide a conclusion for a final decision to be decided by world banks, business foreign exchange committees, IMF and all parties concerned whether another re-revaluation is accepted in terms of equity and other important factors? Who would have all the life and time to re-revalued such a lousy revalued currency just for you and me? Obama asked China to re-revalued RMB currency several weeks ago and China couldn't do it because China was also protecting many American foreign investors who have big companies in China due to cheap labors - and that was why Obama put on a smile without further question. If China did that, US economy would be backfired in return. So, don't just hate China like a frog in the well having a tunnel vision all the time. That was only a part of the true stories I read from an updated book on economy. If I am wrong, please advise. Link to comment Share on other sites More sharing options...
kingjaffi Posted January 14, 2010 Report Share Posted January 14, 2010 Not cashing in at .10.20.I'll burn it first.I'll buy it from you first Rebel1 . Seriously though, an RV after the election would make perfect sense. Link to comment Share on other sites More sharing options...
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