wyson Posted February 24, 2010 Report Share Posted February 24, 2010 I think the rv will be around .80-1.00. I dont think that the IRG will let it go lesss then that. They need to "save face" with the rest of the world. When is a great question??? Link to comment Share on other sites More sharing options...
Jay Lee Posted February 24, 2010 Report Share Posted February 24, 2010 Respectable opinion. Reasonable to me but if they owe the IMF money do you think that rate will help them? Link to comment Share on other sites More sharing options...
bobstick Posted February 24, 2010 Report Share Posted February 24, 2010 I think they would like to equal Kuwait ........ $3.00 + Link to comment Share on other sites More sharing options...
Jay Lee Posted February 24, 2010 Report Share Posted February 24, 2010 I think they would like to equal Kuwait ........ $3.00 +You playin with my emotions LOL Link to comment Share on other sites More sharing options...
wyson Posted February 24, 2010 Author Report Share Posted February 24, 2010 bobstick, that high??? you think Link to comment Share on other sites More sharing options...
bobstick Posted February 24, 2010 Report Share Posted February 24, 2010 It seems to me it would, but I'm not real bright, either. Link to comment Share on other sites More sharing options...
ronbo62 Posted February 24, 2010 Report Share Posted February 24, 2010 I think it'll be in the Dollar range. It wouldn't RV that quick, may-be it would reach 3 and over in 5 to 10 years but just out of the gate I really don't think that would happen. Link to comment Share on other sites More sharing options...
wyson Posted February 24, 2010 Author Report Share Posted February 24, 2010 ronbo62, i think if it goes in the dollar range I will cash in everything...I don't want the Iraqs to have a chance of screwing things up again Link to comment Share on other sites More sharing options...
THOR Posted February 24, 2010 Report Share Posted February 24, 2010 I dont think it will RV at all i think it will RI to what it was before JMO no support to back up that its just a gut feeling Link to comment Share on other sites More sharing options...
cashman Posted February 24, 2010 Report Share Posted February 24, 2010 Face is important to them over there and in order to keep speculators at bay they will need to go $1-2 IMO. Even a short term low will create more speculation than they think we learn we evolve... Link to comment Share on other sites More sharing options...
dollarstx Posted February 24, 2010 Report Share Posted February 24, 2010 I think it will come out to 2+. Link to comment Share on other sites More sharing options...
wyson Posted February 24, 2010 Author Report Share Posted February 24, 2010 Again, my opinon is that it will be at least .80 the Iraqs need to pay there debt. If they offer little or no returns on our investments, how will we view Iraq?? As well as the rest of the world who has invested million if not billions? Link to comment Share on other sites More sharing options...
krucialmix Posted February 24, 2010 Report Share Posted February 24, 2010 Not much more than a tick over $1 IMHO. Probably closer to the .85 but I'll take anything over $.40. Link to comment Share on other sites More sharing options...
NotReallyTex Posted February 24, 2010 Report Share Posted February 24, 2010 ronbo62, i think if it goes in the dollar range I will cash in everything...I don't want the Iraqs to have a chance of screwing things up againAnd I'll be right behind you . Link to comment Share on other sites More sharing options...
Tipsey Turtle Posted February 24, 2010 Report Share Posted February 24, 2010 thanks for the info Link to comment Share on other sites More sharing options...
Tipsey Turtle Posted February 24, 2010 Report Share Posted February 24, 2010 and thanks for sharing Link to comment Share on other sites More sharing options...
SexyDinar Posted February 24, 2010 Report Share Posted February 24, 2010 I am right there with you if they RV and don't LOP the currency as others have suggested I would cash-in whatever they open-up with ASAP!There is no need to be greedy make a profit and jump the ship! Link to comment Share on other sites More sharing options...
gator 12 Posted February 24, 2010 Report Share Posted February 24, 2010 thor what is jmo Link to comment Share on other sites More sharing options...
gramps77 Posted February 24, 2010 Report Share Posted February 24, 2010 I agree over $1. Two primary reasons -- 1) the Iraqi people will feel a sense of pride if their Dinar is valued higher than a U.S. dollar and 2) reportedly the U.S. Treasury has over 7 trillion IRQ and they no doubt have some degree of influence over the RV rate. The higher the better for the US; helps pay for the war and gives Obama something to claim success for at a time when his approval rating is low: "I did this, I paid for the Iraq war". Link to comment Share on other sites More sharing options...
Lisa Posted February 24, 2010 Report Share Posted February 24, 2010 Jmo means just my opinion, I think. Link to comment Share on other sites More sharing options...
reddog Posted February 24, 2010 Report Share Posted February 24, 2010 I agree .80 to 1.00 and hope we don't get screwed out of that! Link to comment Share on other sites More sharing options...
venka009 Posted February 24, 2010 Report Share Posted February 24, 2010 what ever may be, i will exchange half now and another half i will do after 3 - 5 years Link to comment Share on other sites More sharing options...
LC460 Posted February 24, 2010 Report Share Posted February 24, 2010 I think it will start at $1.50 to $2.25 Link to comment Share on other sites More sharing options...
mrref Posted February 24, 2010 Report Share Posted February 24, 2010 This poor RV exchange rate has been BEATEN to death, bottom line no one knows, I don't even think Iraq knows at this moment. Link to comment Share on other sites More sharing options...
scoty1967 Posted February 24, 2010 Report Share Posted February 24, 2010 Well once they remove the three zeros it will be in the dollar range, with no need for a RV Link to comment Share on other sites More sharing options...
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