Investing in Dinars: 9. Can we reasonably arrive at a rate?

[pat j dillon]

Thanks for the post..patjdillon

[Muhammad]

Apparently, we have our own Muslim contacts who personally met most of the parliamentarians not long ago to come back telling us that they were trying to revalue IQD asap. Despite the parliament consists of parliamentarians from different Muslim denominations, the same positive opinion of having the IQD excellently rated as a tradeable currency to improve the buying power of their nation was held by virtually all of them without any protest. This is neither from any Intel, another site or IMO. The average age of most parliamentarians is 60 and would they want to wait for another donkey year to revalue IQD for them to enjoy life in Iraq and overseas asap? We have our own sources because we have many Muslim friends living in Iraq as well. Anyway, I only need to say what I am supposed to say and nothing much. And for those who want to give up the investment of IQD for good, please hold on to your bus for the next bus stop - not stop right now right here. Our hopes for the IQD to revalue is rather high despite whatever Intel or another site might have told you. For your personal information, Iraq's crude oil reserves are really superb and plentiful particularly in the town of Al-Awja in Iraq as well and it was this place where the late Saddam Hussein was born. With all present and future oil reserves elsewhere in Iraq combined altogether, it may override Saudi Arabia's oil power as no.1 in the distant future around 2018 or sooner, perhaps. Is OPEC in oil business rather worried about the future oil challenges put up by Iraq possibly emerging as the oil champion of the future, if not sooner. Why? Please check it out in the link and do your own research whether other wealthy Muslim oil suppliers truly hope that Iraq should revalue IQD at a lower rate or at a higher rate to compete with them in oil prices in the near future and would they all protest if IQD is still rated as a tradeable currency rather too low:

BBC News - Opec says oil supply increase 'worrying'3 Feb 2010 ... Opec Secretary General Abdalla El-Badri tells the BBC that producers have increasingly flouted targets and supplied more oil than agreed.

news.bbc.co.uk/2/hi/business/8495198.stm

[LUNACLARA]

I am just ready for an RV $3.89 is good for me

[LUNACLARA]

thanks, Enorrste, thats Great point.

[jkhansen]

Great info and easy to understand. Thanks and keep that info coming. Dummies like me can learn...we just need to be spoon fed!

[ou812]

Great post.