steveflex7 Posted June 11, 2011 Report Share Posted June 11, 2011 Hi All! This is my first time posting. I'v been hearing a lot of talk about rates of the RV. I'm just curious if anyone believes that an RV over $3.00 is possible and how? Thanks Link to comment Share on other sites More sharing options...
umbertino Posted June 11, 2011 Report Share Posted June 11, 2011 Yes with a LOP. No without a LOP. 7 7 Link to comment Share on other sites More sharing options...
hakunamatata80909 Posted June 11, 2011 Report Share Posted June 11, 2011 Absolutely.... Their country needs it to be higher than the kuwaiti dinar. 1 1 Link to comment Share on other sites More sharing options...
msm2137 Posted June 11, 2011 Report Share Posted June 11, 2011 Not going to happen...... I don't think it will come in more than .30, but we can always hope for a lot more. 2 1 Link to comment Share on other sites More sharing options...
easyrider Posted June 11, 2011 Report Share Posted June 11, 2011 actually anthing and i mean anything is possibl right now these are crazy times right now involving currency of all sort. Especially since the U.S dollar is devaluing it wouldmake sense for Iraq to surpassthe U.S dollar and create a strong currency to stabilize its economy. Also i have read one or 2 articles stating that is in fact what they want to do. Personaly i don't feel it will come ut that high maybe more around .86-1.17 the gradual increase in the 3+ range but... like i said anything is possible now adays. 4 1 Link to comment Share on other sites More sharing options...
Retiredofficer Posted June 11, 2011 Report Share Posted June 11, 2011 Rate? No higher than $10.00 per George W. (Washinton)! 1 1 Link to comment Share on other sites More sharing options...
mrmcwhipit Posted June 11, 2011 Report Share Posted June 11, 2011 One would think they want it at 3.00 or so for purchasing power? IMO 2 Link to comment Share on other sites More sharing options...
LaGrange Posted June 11, 2011 Report Share Posted June 11, 2011 My guess was 27 cents up to a dollar but what do I know..........................................Nothing! lol Link to comment Share on other sites More sharing options...
TonyDownTheShore Posted June 11, 2011 Report Share Posted June 11, 2011 I'll take the 3.00, but I think it will be beetween 1.00 to 2.00 range. Link to comment Share on other sites More sharing options...
Jack Dinauer Posted June 12, 2011 Report Share Posted June 12, 2011 They have dinar worth .0086 now. They would be happy with .10. That grants them a wealth more of purchasing power. Tough to ask loaded questions because most feedback is going to be based on what we want it to be, not what is logical. I agree with Easy but also think if it does increase to $3, that will be like 3-5 years down the road. 1 Link to comment Share on other sites More sharing options...
speculatorsRIDE Posted June 12, 2011 Report Share Posted June 12, 2011 If $3.208 is over $3.00 then I say yes it is possible. 1 1 Link to comment Share on other sites More sharing options...
guenther Posted June 12, 2011 Report Share Posted June 12, 2011 .30 is great for me,i'm not greedy. Link to comment Share on other sites More sharing options...
Caye98 Posted June 12, 2011 Report Share Posted June 12, 2011 I have seen the argument made for $3.86. It would be good financially and psychologically. That number is based upon the former value of $3.22 + $0.64 = $3.86 (20% allowed for inflation by the UN). I am not certain that is 100% accurate, and the argument can also be made that it was artificially high before. I like the numbers (who wouldn't), and it would be a huge boost to the economy there, here, and globally. Perhaps equally (or more) important in Iraq would be the psychological aspect that they have returned to where the were before the war. If the US is hoping to promote Iraq as the "New" model for the ME (particularly with all of the current unrest) then it is in our best interest that the RV is in this range [$3.86]. IF we want to keep Iran out of Iraq we have to maintain a strong country and presence. A strong RV is good for US! The other good/supportive news it that Iraq also has the natural resources to support this valuation. (True, they do not currently have the production, but it is growing). JMO Link to comment Share on other sites More sharing options...
dinardarius Posted June 12, 2011 Report Share Posted June 12, 2011 $3.22 would be RI, however .86 would be nice along with the Iraq Dinars going international and on the FOREX with new investors sending the price sky high for a short term. Sell then, not now IMO Link to comment Share on other sites More sharing options...
Double Naught Spy Posted June 12, 2011 Report Share Posted June 12, 2011 Yes with a LOP. No without a LOP. I think you're speaking the truth. +1 to help with the neg rating. 4 Link to comment Share on other sites More sharing options...
keepmwlknfny Posted June 12, 2011 Report Share Posted June 12, 2011 Hi All! This is my first time posting. I'v been hearing a lot of talk about rates of the RV. I'm just curious if anyone believes that an RV over $3.00 is possible and how? Thanks Not overnight.....will take years to see that once the dinar starts to appreciate..... 4 1 Link to comment Share on other sites More sharing options...
umbertino Posted June 12, 2011 Report Share Posted June 12, 2011 I think you're speaking the truth. +1 to help with the neg rating. Thanks Man...Appreciated. Link to comment Share on other sites More sharing options...
dinarck Posted June 12, 2011 Report Share Posted June 12, 2011 A straight up RV to 3.00 is not possible. For those who disagree please show how it is. 5 Link to comment Share on other sites More sharing options...
jmw Posted June 12, 2011 Report Share Posted June 12, 2011 not a chance....ever...tehy can't afford it. 3 Link to comment Share on other sites More sharing options...
MrRich Posted June 12, 2011 Report Share Posted June 12, 2011 I say $1.50 tops. They have too much currency in circulation for anything more. And even at $1.50 they'll have to do some major reduction in their money supply. They'll need a fully developed electronic banking system in place to pull it off. $.30 - $1 is more likely IMO. 1 1 Link to comment Share on other sites More sharing options...
Psych Posted June 12, 2011 Report Share Posted June 12, 2011 TThe consensus is...nobody really knows. It could be from .10 to $10. I had a dream that it was $9.71...so I'm going to go with that number...lol! Iraq would benefit from coming out at a fair rate. From what I understand, they can come out with a rate based on the "projected value" of where their economy might be in time. Hillarious Clinton went on record with saying that Iraq has the potentialto pass up China economicly in five years...so there you go. Personaly, I am hoping that it will be north of .86, but I have also considered and planned on higher/lower scenarios. Link to comment Share on other sites More sharing options...
flboy Posted June 12, 2011 Report Share Posted June 12, 2011 .10 to 1.17 be thankful for that and move on. The pie in the sky crap numbers are all imaginary, they make people dream and feel better. Pump some more pumpers with all the fluff. Deal with the facts and hope and pray it will R.V. .10 --- 1.17. Go R.V. Link to comment Share on other sites More sharing options...
zul Posted June 12, 2011 Report Share Posted June 12, 2011 Hi All! This is my first time posting. I'v been hearing a lot of talk about rates of the RV. I'm just curious if anyone believes that an RV over $3.00 is possible and how? Thanks Why not..? Their budget for 2011 is about 86B USD..? or was it 90B USD..? Total amount of contract awarded recently : Around 70B USD. All Bank must raise their capital to 100B Dinar for EVERY bank in Iraq. and dont forget..their debts... Can they afford to LOP / RD..? Link to comment Share on other sites More sharing options...
chefgene23 Posted June 12, 2011 Report Share Posted June 12, 2011 I don't they have enough common sense to with stand a huge economical boost such as -$1170 to the dollar to a +$3 to the dollar. I do believe they could with stand and benefit from $.86 to $1.50 RV.Too much too fast whaoooo Nelly!!!!! JMHO GO RV!!! Link to comment Share on other sites More sharing options...
firefighter_218546 Posted June 12, 2011 Report Share Posted June 12, 2011 There is a loaded question.. Yup anything can happen, it can come out at $3.00 or even come out at 1 penny we will just have to wait and see. Go Rv God Bless America Link to comment Share on other sites More sharing options...
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