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Under $1.00...What are your plans...


txwWrestling
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I would figure out how long I have been invested and determine if waiting longer is worth it once a RV occurs. US troops are set to be all out by end of next year and Iraq said they have no plans to extend the contract. Once US troops are gone, can Iraq hold it together, because if they cannot, the Dinar is going to go back in the toilet. I think it is logical to cash in where you are able to clear some debt off and have a little extra, but also think if you have some extra dinar, hold on to it for a few months and see what happens. If it goes up, you have more. If it tanks, you have already cashed enough in that it does not matter..but know if I had 2 M Dinar, I would probably cash 1.5 of it in after RV and hold the other 500K to see if it paid off.

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I'd cash in bro - at least 80%. I'd have over a million cash and I'd get current on all my bills and pay off the mortgage. Then after that I'd decide what to do with what's left over. I don't want to be too greedy and let that much potential profit slip through my fingers - even if there's a good chance it could go higher. I'd rather have a million in my hands now than $5 million down the road if there's any chance of losing my profit. Know what I'm sayin?

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I'd cash in bro - at least 80%. I'd have over a million cash and I'd get current on all my bills and pay off the mortgage. Then after that I'd decide what to do with what's left over. I don't want to be too greedy and let that much potential profit slip through my fingers - even if there's a good chance it could go higher. I'd rather have a million in my hands now than $5 million down the road if there's any chance of losing my profit. Know what I'm sayin?

marknet great point....It's hard to turn down knowing you could have a million and passing it up.

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I have no choice. Cashing out Quick! I just bought a tiny bit for my Non profit school to get equipment for a very important, confident building, career educating project. So GO RV!smile.gif

Tried to send you a private post re your school plans ... something went wrong and it won't go through. Tells me to try things that have not worked.

If you have an email address you can leave me on my personal message place here, I would love to send you my email address (which I don't want to post publicly really) and then follow up when the time comes. It sounds like something I would find interesting to help sponsor.

Thanks

smee2

MY PLANS IF IT RVs UNDER A DOLLAR ...

Cash out part, at least enough to cover immediate stuff and take some stress off. Cash out enough to get into another investment I like. Do a very little bit of spree spending, while still looking for the perfect house plan and making the final decision on building site. Then leave the rest and watch very carefully to see what is going to happen to it. If it goes up, keep cashing in bits along the rise and try not to be shocked if it falls off again. Of course if it RVs at the three dollar or more mark, it would be difficult not to cash it all in, though I am so attatched to these darn things now I don't know if I can get rid of them all. Maybe keep a few to frame as a reminder, And maybe keep a few in the investment portfolio just so my heirs will wonder just what kind of a nut I was.

smee2

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I would cash in a little, make money off of the partial cash in and buy more......

not to bash your plans or anything.. but if it rvs, and you cash out, even just a little... you will only be able to purchase back the same amount you just cahsed out for... so that plan dosent really work out!

unless the rv came out as a managed float and by some instance the value dropped from the price you cashed out at, then gains strength again over time.. but thats not something a novice investor is good at, too much involved to make it work without loosing your shirt in the process!!

so your better off just cashing out a little at first, then wait for the long run unless you dont have faith that the dinar will go any higher in value!

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ok...I have thought and thought and thought alot about this topic...and to be honest I am not so sure that I can honestly make this decision until I know what it came out to be and what speculations are being made at that time both my own and others read of course. However, tentatively, if it rvs under $1 my plans are to cash in enough to be out of debt and have a nice savings. If it rvs at $1- $2 I will cash in 1/3rd of my investment. If it rvs at $2-$3 I will cash in 2/3rds of my investment. If it rvs at $3+ I'm all in or all out, however you want to look at it...haha...I did however make another investment to protect or help stretch whatever my earnings from this investment are....I went with Team National. This will help me save thousands a year if not more which I am stoked about! If you want to do the same you are more than welcome to email me....not trying to advertise...I don't care either way but I will help anybody do the same to save money as I will be doing. my_lil_chef@yahoo.com is my personal email...

God Bless and Good Luck To ALL! :D

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Alright everyone should be prepared and ready for WHEN the RV happens. That's right I'm positive. I know we hear rates from .85-$3+. Bottom line nobody really knows. So its 1 AM and the RV just happened at .85. Are you making plans to cash in? Cashing in some? Or are you waiting? Just would like to get others takes and maybe something to think about for those who haven't yet. Also does anyone know for sure about any trader if you for example want to trade in 6 months after the RV will the rate be the same or would it be at bank rates 15-20%? GO RV!!!!!!!!!!!

I'm going to play this one by ear, but I'm thinking that if they come in low on the revalue, its because they are redenominating and they revalued low to give everyone some little bit of incentive to trade in the old denomination for the new denominations. Basically, they're gonna force you to do it because if you don't swap denoms, then after that opportunity and time constraint, you are S.O.L., you will lose your investment, but here's a tylenol (the low revalue) to help you with your pain.

Once the old denoms are swapped for the new, and the time constraint has passed then they will up the value again...but this is just my guess.

If they come out high, I will honestly be amazed, because I just can't wrap my head around how the casino is going to cover all these bets. If the US Gov. is holding 7 Trillion dinars, as I've heard reported around here, then that 7 trillion dinars will turn into 21 trillion US DOLLARS, which is more than the GDP of the US and Iraq combined. And that is just what the US holds, not including all the other countries, as well as the rest of the 8% of the world's population (yep, heard that estimate here too) that is holding dinars as well. That seems like and INCREDIBLE amount of bets to cover. And even with all their oil, thats a HUGE amount of debt to cover, even in oil credits....

Note: I am being sarcastic here, but I've taken all the rumors and rolled them into a meatpie and this is what it's starting to taste like to me...pretty nasty huh?

My Theory - just a misinformed guess from everything that I have gathered:

Why are they putting out confliciting news stories? Same as they did during the Civil War with the continental dollars. To spread misinformation, to confuse. You see society has its leaders and its followers. Some will be disheartened, and troubled, but you have the true believers leading the charge and the rest will follow them into those icy waters.

We all know that Oil is their #1 source of revenue, but did anyone know at one time their #2 was agriculture? Yeah, Saddam all but screwed everyone on that. Check out the CIA's website for information about the condition of their farmland and marshes. It's terrible. Right now, their #2 source of income is from the dinar trade and speculators buying it up. If that was to all come to a screeching halt RIGHT NOW, well, that could be catastrophic for their growing economy...I spoke with Jimmy from DinarBanker, he said they were taking 1 order EVERY 4 SECONDS 24 HOURS A DAY.

Why would they be putting out rumors of a new 100k dinar note, while at the same time talking about removing the "other" 000's? Again, misinformation, and misdirection to lead you to believe they are not going to redenominate and therefore have speculators continue to purchase more and more. Honestly I don't know, but this one I believe is the key and I just can't put my finger on it...

There are only 2.585 Trillion US Dollars of M1 currency in circulation, and the M4 is estimated to be around 10-13 Trillion depending on where you go. So again, if we revalued the dinar, and the US is holding 7 trillion of those dinars...where would the 21 trillion US Dollars exist? In the digital world? But what about other countries? Okay digital too? And the 8% of the worlds population...I know for a fact, with the US Dollar in serious decline, and everyone trying to unload the Dollar (hell china and a number of other countries are calling for a new world currency, and even South Korea, one of our Staunch allys has unloaded 50% of their currency reserves, OUT OF US DOLLARS) - I want mine converted to gold, and some other currency. Maybe some small part in the dollar, but with all the wealth redistribution going on, If I want to give mine away, that's my choice, but I don't want it taken and wasted as the government is so good at these days with our money.

Anyways, I'm seriously rambling. Going on very few hours of sleep, but I have a few ideas/scenerios I wanted to lay out here. You can love me or hate me, but I am not afraid to speak what MY thoughts are on all of this. Do I want to sell my dinar? Hell no, I still have an opportunity to earn more than I invested, why would I want to do that? Just because I'm seriously preparing myself for when reality hits, rather than being let down because I wanted to believe just because someone told me to?

Hey, I think that at the end of the day, we should all HOPE FOR THE BEST, BUT BE PREPARED FOR THE WORST, after that, leave the rest in God's hands...he knows what's best for us all.

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Adam himself said (in his cash in guide) that we'd be lucky to see .10-.30 ish.......Ii would LOVE to see an RV of $3+ but seriously folks, .10 would be amazing, .25 would change my life forever, .50 would be unimagineable, and .86 would blow my mind and we'd retire at a very young age.

So in short, .25 or over I'm cashing out and living a VERY happy life. No need to be greedier than that!

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snapback.pngMovieMaker, on 29 December 2010 - 08:41 AM, said:

MovieMaker user_popup.png

I have no choice. Cashing out Quick! I just bought a tiny bit for my Non profit school to get equipment for a very important, confident building, career educating project. So GO RV!smile.gif

smee2

Tried to send you a private post re your school plans ... something went wrong and it won't go through. Tells me to try things that have not worked.

If you have an email address you can leave me on my personal message place here, I would love to send you my email address (which I don't want to post publicly really) and then follow up when the time comes. It sounds like something I would find interesting to help sponsor.

Thanks, smee2

MovieMaker user_popup.png

WOW! HOW AWSOME! If you are serious, I'll get you the movie script and info. If you own a business, we are offering sponsor packages that will advertise your business on set, in film credits and more! Autographed pictures, Production t-shirts, Lunch on set with the cast, VIP RED CARPET treatment, Movie premier tickets, after Party with the Celebs, etc.....

You get the idea. Any how, the BEST THING you get is to be part of these kids education, career opportunity, and an experience they and their families will never forget! This "Film for opportunity" Will impact MANY LIVES!

GO RV!!!!! P.S. Check out my Gallery! My students working on past projects.

Edited by MovieMaker
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I'd cash in enough to hire the Chip n' Dale crew for the nite to dance and buy a great case of wine. Ya Ya I know, off the wall, but hey I like being me.

pp

Chippendale? You mean the male strippers? Are you a female? Somehow I thought you were a male.Yes, I know there's another option but I won't dig into it., as I respect everybody no matter what.

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Honestly, I have always speculated it would be .86, so I've invested enough to cover our plans. SOO if it RVs at more, well then its just gravy! LOL

We would cash it all in and move on, greed is ugly, this is a blessing to my husband and I and we don't want to push it. rolleyes.gif

This pretty much sums it up for me & my wife as well...

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I will cash out most of it and save the rest for when it goes up in value.. All I want is enough to payoff my house and buy a house down by my son's school .. and if it RV'd at .85 I would have pleanty plus have a big chunk in savings and plus be able to help out the church and my friends and family. ....... :D

So GO RV

God Bless Everyone..

would retire at .05

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Chippendale? You mean the male strippers? Are you a female? Somehow I thought you were a male.Yes, I know there's another option but I won't dig into it., as I respect everybody no matter what.

LOL, I get that quite alot from those who don't know me. Yes, 100% female, last time hubby checked...

pp

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if you cashed in a million at .85 and got $850,000 then you wanted to buy more it would cost you at least $850,000 to get a million back. Most likely more with the spreed...so why would you cash in and then buy more?????? :blink:

The Forex are contracts not actual currency.

If it RV's low (instead of RI @3.22), exchange a third, wait for the decline in the forex (hot selling makes the price go down) or short it.. At the turnover, go long and watch it pass the initial RV over time and probably settle out somewhere between the RV and the pre-GW price if not at it. You make money on the RV, the short action, the long, and once it settles out exchange the rest..

Money made coming and going...

YES, I trade commodities...

Neil

Edited by FishmanTx
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