dumbnar Posted January 16, 2011 Report Share Posted January 16, 2011 As you can not find alot of info out their about the Kuwait RI, I do beleive that when it happen it was under the radar, as well as the IQD will be to most of the world. The average person not invested in this will never even know what is going on. Now after cashing the news might show some new wealthy people runnig naked thru the streets. IMO>>>> New media will be low on this. Also beleive that for the Kuwait RI the countrys in the ME had 24 hours to cash in before the rest of the world.>>>>From my intel over the last several days, we have heard that the ME is cashing in, and I feel this to be true, several people have always said that it would RI/RV like the sun rises, from the east to the west. I believe it was also, said it would happen on a long weekend/Holiday. Banks are closed Monday, January 17 for Martin Luther King Jr. Day. Signs are starting to add up. I have been in this for 7 years, and want it done like everyone that is invested. So keep praying, stay grounded and as always we will wait. (Boy it has been a long 7 years.) Hopefully we are at the finish line. Thanks Dumbnar 8 1 Link to comment Share on other sites More sharing options...
gp49 Posted January 16, 2011 Report Share Posted January 16, 2011 Good post! Very thoughtful and sensible Link to comment Share on other sites More sharing options...
NICKS Posted January 16, 2011 Report Share Posted January 16, 2011 Good post my man Link to comment Share on other sites More sharing options...
Az Joe Posted January 16, 2011 Report Share Posted January 16, 2011 Back when this happened with Kuwait the internet wasn't what it is today.I tried to look into to this years ago when I first invested but couldn't find much. Link to comment Share on other sites More sharing options...
TRERUMPH Posted January 16, 2011 Report Share Posted January 16, 2011 nicely put.......... and all you pumpers be ware Link to comment Share on other sites More sharing options...
wgb52 Posted January 16, 2011 Report Share Posted January 16, 2011 (edited) Different scenario entirely. Edited January 16, 2011 by wgb52 1 Link to comment Share on other sites More sharing options...
NICKS Posted January 16, 2011 Report Share Posted January 16, 2011 Good post my man Link to comment Share on other sites More sharing options...
dumbnar Posted January 16, 2011 Author Report Share Posted January 16, 2011 Different scenario entirely. Correct, basically when Saddam invaded the rate was put on hold, world wide,and after he was ran out, they put their currency back on the exchange, what happen was Some Kuwaitis sold their dinar for way below the exchange rate as they thought their money would be worthless after the central bank was robbed. It wasn't and never was. No RV took place, just some lucky buyers and some foolish Kuwaitis. Street value for KWD was .10. The ME was able tho exchange the KWD in 24 hours before, the rest of the world. Other small ME country's put their currency on hold in fear of invasion from Saddam at the same time. Thanks Dumbnar Link to comment Share on other sites More sharing options...
echo0marie Posted January 16, 2011 Report Share Posted January 16, 2011 I agree that if it happens in the ME first, we really are not going to hear much about it, and if we do, it will be challenging to verify the truths of it. News, television, media, internet, is not like it is over here. Great post. Link to comment Share on other sites More sharing options...
andy3978 Posted January 16, 2011 Report Share Posted January 16, 2011 If the RV is allegedly happening in the ME first, shouldnt other ME banks be showing this too? No mention of it in Syria, Egypt, Qatar, etc... Link to comment Share on other sites More sharing options...
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