RICK C Posted September 5, 2010 Report Share Posted September 5, 2010 I believe it was bane. I was replying to this And Richard, I am serious. I would blame the person that told me it would rise to $3 that got me into this thing. Sorry for the confusion NOW I AM REALLY CONFUSED, ARE YOU saying YOU DON'T think it WILL GO that High??? I would be happy with a Nice return period. I think it will be near that of their neighbors in Kuwait. but I'm just guessing and Hoping. Link to comment Share on other sites More sharing options...
rroadrunner Posted September 5, 2010 Report Share Posted September 5, 2010 NOW I AM REALLY CONFUSED, ARE YOU saying YOU DON'T think it WILL GO that High??? I would be happy with a Nice return period. I think it will be near that of their neighbors in Kuwait. but I'm just guessing and Hoping. I think I'll stop talking while I'm ahead. Yes I do believe it's going to RV high. I don't believe the .10 thing. Personally I believe it's going to come in at the 3.00 range. Link to comment Share on other sites More sharing options...
BANE Posted September 5, 2010 Report Share Posted September 5, 2010 Turns out I will be paying a little of it forward. I am planning to buy another house when this RV´s and have my 61 year old destitute friend live in it rent free. There...Happy now guys? I just hope it happens soon because he really needs it. Link to comment Share on other sites More sharing options...
Scooter Posted September 5, 2010 Report Share Posted September 5, 2010 Bane, Thanks for the comments. Let me clarify something, particularly since it could be very easily misunderstood. The 20 to 1 is a ratio comparing non oil producing countries and iraq --- primarily based on GDP numbers, Per Capita information, and PPP (Purchasing Power), and some other comparable variables. In sum, please don't construe that as $20 to $1. I'm working on this information tonight and I hope it will help everyone understand that 20 to 1 ratio. Again, thank you for the post and I look forward to speaking with you very soon. Best, Scooter This is a different animal right now. Going with all the info from Scooter etc. Remember he said it could handle $20 to 1. Twenty dollars to one Iraqi Dinar. That is quite substantial. Personally I think it would HAVE to be pre war levels. I am new to this as I just heard about it in August. I haven´t been awaiting 7 years like some. I think I would´ve pulled my hair out after this long of time. But I am a very patient person. If it is this year or next I will be waiting. By all it seems though it should be this year. I am not a guru. This thing is currency trading but since it is not a tradeable currency now it makes it difficult to guess. 1 Link to comment Share on other sites More sharing options...
BANE Posted September 5, 2010 Report Share Posted September 5, 2010 Bane, Thanks for the comments. Let me clarify something, particularly since it could be very easily misunderstood. The 20 to 1 is a ratio comparing non oil producing countries and iraq --- primarily based on GDP numbers, Per Capita information, and PPP (Purchasing Power), and some other comparable variables. In sum, please don't construe that as $20 to $1. I'm working on this information tonight and I hope it will help everyone understand that 20 to 1 ratio. Again, thank you for the post and I look forward to speaking with you very soon. Best, Scooter Am looking forward to hearing what you have to say. But as you just said if you graph is comparing Non producing oil countries etc. and since Iraq IS a major producing oil country....then it possibly could go up at least HALF that, wouldn´t you say? $10 to 1? Link to comment Share on other sites More sharing options...
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