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RV Date and Rate!


iqdheadlines
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Let's not get ahead of ourselves.........so I will keep it real simple and factual as I can.

Let's face the reality that there will be NO (RV) revaluation of the Iraqi Dinar period!

I know that I did start off this post with the wording "RV" but that was just to get your attention.

This is what is going to happen on Monday the 27th of June 2011................ a reinstatement of the former value of the Iraqi Dinar of $3.22 plus a 20% rise which equals $3.86.

Why Monday the 27th of June 2011........?

I will tell you why..........it's because it's the beginning of the Forex week.

A reinstatement of the Iraqi Dinar will Not occur on Friday because it is Iraq's day of worship (holy day).

It will NOT occur on the weekend in any part of the world.....so this takes Saturday and Sunday out of the picture since Forex does not operate on the weekend.

If it was reinstated on a Thursday...........what do you think will happen as result due Friday, Saturday and Sunday out of the picture?

The rv does not have to occur on a Monday, that is absurd. There is no date set in stone for the rv to take place. There are a lot of folks in meetings trying to get this done by months end, but no predetermined dates have been set, only speculative goals. Your rate is actually very realistic according to our state dept, so I applaud you for that....but as far as a date, even GWB can't give one at this time.

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A lop & a RV to 3.8 to 1. Your 1 Million ID becomes 1,000 ID x 3.8. Your investment of about $1,000 for 1 Million ID will be revalued at 1,000ID x 3.8 or nearly $4,000 or 4 times your original investement. A 400% profit is not bad.

The only new millionaire will be those that invested US $250,000 or more ID.

This would be true for some. However many did not get that rate and if they bought the smaller denoms, they will be lucky to break even. However a rate of 3.8 is still on the very high side if you ask me, which I wouldn't bother asking me, because I don't know. A lop just doesn't make any sense at all when trying to increase the value of the Dinar and strengthen a country. Many have already said this and I agree with that aspect of this whole bumpy ride.

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