Luigi1 Posted December 19, 2011 Report Share Posted December 19, 2011 really?? because why were big banks selling it then? also why do some banks buy it back? thats not true Luigi chapter 7 mostly pertains to the kuwaiti issue that is why they are still under it. Look it up. Yes, there will be someone to buy your IQD at the same 20% spread or more you purchased them at. I'm talking about the IQD being recognized & traded & going into your local bank to purchase or sell back. This won't happen under chapter 7. Iraq has visions of the IQD becoming one of the world's premire currencies. It can't happen. Investors won't come. The iraq economy will not reach it's fullest potential in Chapter 7. This is bound to have a negative affect on the UQD exchange rate & RV. Link to comment Share on other sites More sharing options...
robo5288 Posted December 19, 2011 Report Share Posted December 19, 2011 "their" currency Link to comment Share on other sites More sharing options...
bigcity Bob Posted December 19, 2011 Report Share Posted December 19, 2011 I agree and until someone finds me proof that chapter 7 deals directly with a currency revaluation i will stick to the facts thanks Randlin. THATS ALL THAT ADAM HAS BEEN SAYING ISNT IT? Link to comment Share on other sites More sharing options...
easyrider Posted December 19, 2011 Report Share Posted December 19, 2011 THATS ALL THAT ADAM HAS BEEN SAYING ISNT IT? I respect Adam but that doesnt mean i agree with him always the whole chapter 7 thing was brought out by Gurus a while ago thinking that they needed to be lifted people can neg away if they want because i dont agree with Mr. montana but its my opinion and i found nothing in the sanctions that pertained revaluing their currency but i could be wrong its all speculation anyhow. 1 Link to comment Share on other sites More sharing options...
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