Enorrste Posted February 2, 2010 Report Share Posted February 2, 2010 9. Can we reasonably arrive at a rate?[Analysis]All of the discussion thus far has been based upon solid documentation. However when it comes to talking about a possible rate for the RV there is no documentation. We have lots of speculation and rumors about rates, from $.10 to $3.86 for the dinar. None of those is based on anything solid, unfortunately.There are sites that talk about seeing numbers on bank screens, but this too has not been verified.We are therefore left with this wide range of values and no facts. However, we need to ask ourselves if there is a way to use logic and reasoning to narrow that band somewhat.Let Link to comment Share on other sites More sharing options...
powerfulp Posted February 2, 2010 Report Share Posted February 2, 2010 Great point... Link to comment Share on other sites More sharing options...
josephj792 Posted February 2, 2010 Report Share Posted February 2, 2010 I like it al three ways but 3.86 that would be wonderful Link to comment Share on other sites More sharing options...
louie crespo Posted February 2, 2010 Report Share Posted February 2, 2010 Who are you? Link to comment Share on other sites More sharing options...
wlw32 Posted February 2, 2010 Report Share Posted February 2, 2010 I am jst ready for an RV Link to comment Share on other sites More sharing options...
randy12 Posted February 2, 2010 Report Share Posted February 2, 2010 All the other currencies that revalued, in these cases did so on a friday, probably after the forex market shuts down to avoid chaos. The dong,won and the bolivar. Also you have to know howdinar was printed. I read somewhere that 90 trillion dinar were printed. If that is the case a one dollar RV would mean that there would 90 trillion dollars worth of dinar. US has roughly 14 trillion dollars in our money supply(M1,M2.and M3). I dont think Iraq has anywhere near that much oil based on the reserve reports Ive seen. Just a thought Link to comment Share on other sites More sharing options...
WIGO Posted February 2, 2010 Report Share Posted February 2, 2010 Again... thank you! Link to comment Share on other sites More sharing options...
shenew Posted February 2, 2010 Report Share Posted February 2, 2010 Thank you for explaining the details in plain English. Link to comment Share on other sites More sharing options...
claymaster Posted February 2, 2010 Report Share Posted February 2, 2010 great job well explained just hope for the 3.86 we would all be floating along with the rate hopefully. Link to comment Share on other sites More sharing options...
TBB Posted February 2, 2010 Report Share Posted February 2, 2010 I will take any of the above, if its opens at .10 then it can only go up. Even at .10 this would have been an unbelievable investment. Link to comment Share on other sites More sharing options...
nmcneill Posted February 2, 2010 Report Share Posted February 2, 2010 Thank you for your posting Link to comment Share on other sites More sharing options...
kaperoni Posted February 2, 2010 Report Share Posted February 2, 2010 The dinar will value around the middle (1.20-1.60) pricing. One point Ennorste left off was the cost of sale/buy and sale again. This is key. Iraq wants to limit its "cash out rate" and by coming out at a mid rate, they can sell the dinar again to new investors thus at some point achieving the higher rate as market dictates at half the cost of doing so. A RV to the high level right away, takes this option out. Link to comment Share on other sites More sharing options...
usmcmillen Posted February 2, 2010 Report Share Posted February 2, 2010 I really need it to be at least 50c.... anything more than that is just FINE............ Link to comment Share on other sites More sharing options...
mal Posted February 2, 2010 Report Share Posted February 2, 2010 number 6 for the day Link to comment Share on other sites More sharing options...
bigboy Posted February 2, 2010 Report Share Posted February 2, 2010 I think all speculations are just speculations Link to comment Share on other sites More sharing options...
carmack Posted February 2, 2010 Report Share Posted February 2, 2010 My brothers contact that has good conections feels it will RV at $1.47. I have also heard this from several other people. Let's Hope!!! Link to comment Share on other sites More sharing options...
LC460 Posted February 2, 2010 Report Share Posted February 2, 2010 I think in time when Iraq gets to explore for oil in western Iraq it will be proven to have the largest supply of oil in the world. Link to comment Share on other sites More sharing options...
Ralove90 Posted February 2, 2010 Report Share Posted February 2, 2010 Well thought out post! The game of the rich is upon us! What will you do and how will you play the game of wealth? Link to comment Share on other sites More sharing options...
fishvader Posted February 2, 2010 Report Share Posted February 2, 2010 ready for any amount. Link to comment Share on other sites More sharing options...
camishe Posted February 2, 2010 Report Share Posted February 2, 2010 hope for the 3.86 Link to comment Share on other sites More sharing options...
dinarcraze Posted February 2, 2010 Report Share Posted February 2, 2010 .10 nnnooo we need at least a dollar not sure if it would go over a dollar based on a good rumor i heard Link to comment Share on other sites More sharing options...
vzwkyk Posted February 2, 2010 Report Share Posted February 2, 2010 I woke up from a dream last week in which the RV happened at $2.40. Don't know why that number was in my dream, but I would take it for sure. Link to comment Share on other sites More sharing options...
jackdavis1364 Posted February 2, 2010 Report Share Posted February 2, 2010 Enorrste Enorrste Enorrste. This guy knows more and has done more research and has more readily available answers than anyone that I have read. Just my opinion. You are welcome to yours and I'm sure I will read them. Link to comment Share on other sites More sharing options...
fhalabi1074 Posted February 2, 2010 Report Share Posted February 2, 2010 Hope your right!! Link to comment Share on other sites More sharing options...
Larry Posted February 2, 2010 Report Share Posted February 2, 2010 1.50 would be more appropiate IMO Link to comment Share on other sites More sharing options...
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