A true Forex investor’s perspective

[rdubya]

rdubya --

Thank you for the post.

Yes, this post is disconcerting.

However, the responder's opinion

is a calculated one that takes

many factors into account,

but not all factors.

No one could do that.

Many things in life

have some element of Ponzi

in them.

I dare say this opportunity

has more than its fair share.

However, every successful

investment started with

a successful dream and taking chances.

It takes a great deal of

imagination not just hard

work [ as well as luck ]

to be successful at many

lucrative opportunities.

Many fail.

But many are successful.

It pays to try to envision

where an investment opportunity

realistically can go

before getting involved in it.

I have previously described

an experienced dealer who

told me before I got involved

that we have a decent chance

of making a small profit

on this opportunity

and a small chance of making a killing.

He also stated he owned a substantial

amount of this financial instrument.

Honesty from a dealer.

Interesting.

Back in 2004, did anyone envision

that in Jan. 2011 Iraq would move

towards a unified governing body ?

Sure, maybe they envisioned this

but at this time ?

With all the factions in Iraq,

who could say for certain this would happen

at this time?

Who knew exactly when Chapter 7 would be

partially or totally lifted ?

My vision is that if Iraq can get to 5 million bpd

within the next 5 to 8 years,

they would have the ability to increase values of

any of their resources [ including their currency ]

in a meaningful way should they choose to do so.

What is your vision ?

The responder's vision may be a negative one

indeed.

And maybe the odds favor his.

The odds do not make an opportunity

successful.

Otherwise, the Patriots would have

beaten the Jets.

Nearly 2 years ago, there was a little

known company that developed

pharmaceuticals / drugs / medicines.

All the so - called financial

market experts bad mouthed this opportunity.

The stock for this company had a short

position in it at one point near 50 % .

The stock was trading for around $ 4 a share.

I claim that experience and vision could

have led a properly motivated, due - diligence investor

to this opportunity.

Within a relatively short period of time,

the stock price rose many fold.

All the experts had huge egg on their

face.

Now I am not recommending we take

fliers on every bad-mouthed stock.

But a little vision and hard work

could have helped an experienced investor

to the stock above.

The name of the corporation is Dendreon.

No one knows for certain if IQD will be the next

Dendreon or not.

But one thing is for certain :

With no investment in IQD,

I guarantee the opportunity can not be a

Dendreon.

I have chosen my side.

This is just all IMHO.

I am not a currency expert.

Just a regular person with

an optimistic , hopeful outlook.

I remember when the blind monkey beat the financial expert at

trading the financial markets.

I just hope I am not too blind.

I truly respect your stance on this. I share a similar one. With the recent flurry of rumors and the pain it was causing so many people, I felt the need to try and help. While this isn't what the majority on this site want to hear, it's a touch of reality injected into the veins of confusion.

Again, I wish everyone the best in this and every investment. My advice, don't even open the Rumor sections unless it's only for a laugh.

-Dub

Edited January 17, 2011 by rdubya

[GJM]

Agreed. Another factor that I did not see mentioned in original post was that a country's Debt/ GDP ratio and their ability to cover that debt is also a factor in the currency value. I believe currently Iraq debt is about 14% of GDP. As oil and other commodities/ products are traded, this percentage should drop further, thus raising currency value if all other variables remain static. Stability is the biggest challenge for Iraq at this point. Some interesting numbers on the CBI site under Statistics and Key Financial Indicators. Notice the trends over the last 7 years. Things are looking better.

Where did you get a 14% debt ratio/GDP for Iraq? CBI website states it is 72%. By comparison, the highest is Zimbabwe is 241%, US is 62%, Italy is 103%, Kuwait is 12.6%, China is 17.5%. (From CIA world fact site).

[InToWin]

Actually I haven't seen too much advertising of the dinar. When I first heard about it I looked it up on the internet and like everybody else I saw tons of sites calling it a scam. I only bought because of the research that I read from other dinar investors. Sure, I found a lot of nonsense saying RV tomorrow at $3.86 with all kinds of ridiculous rumors, but there was also plenty of circumstantial evidence that there was a plan in the works to revalue Iraq's currency by monetizing their oil. If they have reduced their money supply to 10 trillion dinar they could afford a $1 RV because they have at least $10 trillion in proven reserves. That's what sold me on this, not any guerilla marketing tactics.

Mr. Rich, I think you are closer to the truth than you know. everything that i read from the un and the imf about iraq had stuff buried in it about putting meters on the pipelines running to the ports. all the meters are not up and running yet, and i never see anything about that in the day to day news posts on any forum. i have a feeling that once they can account for every drop of oil they move, we will see the rv, and not before

does anyone do individual research here??? never listen to rumors or "intel" do some leg work of your own. it is your money

go RV