ronscarpa Posted June 28, 2021 Report Share Posted June 28, 2021 Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Pimpy There's a lot of chatter about the exchange rate. It just keeps going on and on. It's very interesting. A little nugget to tease you guys - when the Kuwait dinar changed it changed a couple days after they came out saying they had no intention on changing the rate for a long time. Two days later they changed it... *** Mnt Goat Article: "IS FLOATING THE CURRENCY A VIABLE OPTION? UNDER WHAT CONTEXT?" The context they are talking about is the FLOATING the dinar exchange rate and I quote- “of the national currency against other foreign currencies”, which means to reinstate the dinar on FOREX and other currency exchanges. Right now it is solely pegged to the US dollar so they are not talking about floating the program rate. They know already they can not FLOAT the currency on a program rate inside Iraq..(Post 1 of 2).. *** Mnt Goat The dinar, in a way, is indirectly floating now via the speculators and money exchangers and we see the mess it is creating in Iraq. ...Yes, Iraq it is time you put on your BIG BOY PANTS and finally emerge to the global economy and get out of your closed economy and re-peg the dinar to other currencies in the basket the IMF has stated many times will happen..(Post 2 of 2).. 2 8 1 Quote Link to comment Share on other sites More sharing options...
rvmydinar Posted June 28, 2021 Report Share Posted June 28, 2021 3 hours ago, ronscarpa said: Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Pimpy when the Kuwait dinar changed it changed a couple days after they came out saying they had no intention on changing the rate for a long time. Two days later they changed it... Hey pimpy, did the kuwaiti dinar change two days later? Or did you just make up story about a rate change about kuwaiti dinar? Just wonder How much profit ( 1000 fold or just 3 times from the original investment? ) did you make when there was a rate change in the kuwaiti dinar two days later? Quote Link to comment Share on other sites More sharing options...
Longtimelurker Posted June 28, 2021 Report Share Posted June 28, 2021 20 minutes ago, rvmydinar said: Hey pimpy, did the kuwaiti dinar change two days later? Or did you just make up story about a rate change about kuwaiti dinar? Just wonder How much profit ( 1000 fold or just 3 times from the original investment? ) did you make when there was a rate change in the kuwaiti dinar two days later? I believe pimpy is correct about this info. Quote Link to comment Share on other sites More sharing options...
rvmydinar Posted June 28, 2021 Report Share Posted June 28, 2021 35 minutes ago, Longtimelurker said: I believe pimpy is correct about this info. Did you invest in kuwaiti dinar before? How much profit ( from the original investment ) did you make? Quote Link to comment Share on other sites More sharing options...
Longtimelurker Posted June 28, 2021 Report Share Posted June 28, 2021 1 hour ago, rvmydinar said: Did you invest in kuwaiti dinar before? How much profit ( from the original investment ) did you make? I did not but somebody i consider credible did and said the same thing. 1 Quote Link to comment Share on other sites More sharing options...
ronscarpa Posted June 29, 2021 Author Report Share Posted June 29, 2021 Added Late Monday Night @ 11:27 PM CDT: *** BGG [Reference Guru Pimpy post 6-28-2021 above] This representation is mostly inaccurate. We have published the actual news sources, documentation and hard facts surrounding the Kuwaiti event numerous times. While it is true, there were clearly some investors who made some money is this circumstance – it is (was) nowhere near the size and scope as is normally portrayed. I tend to think this commenter is recalling the China incident, event wise… though the China event was not much of an upward value change (+/- 8-9% in one day). 2 Quote Link to comment Share on other sites More sharing options...
rvmydinar Posted June 29, 2021 Report Share Posted June 29, 2021 11 hours ago, Longtimelurker said: I did not but somebody i consider credible did and said the same thing. Sadly, that somebody didn't tell you how much profit ( 1000 fold or only 3 times from the original investment ) he made after a rate change? That's what i want to know. Quote Link to comment Share on other sites More sharing options...
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