I was wanting to start this for my own Education as well as maybe helping some others too. We have very Intelligent members on our forum that may very well contribute too. I will start with my thoughts and Questions First.
If anyone can help me. This is really a Ideal. Here we go.
Lets say that my Investment in the Iraq Dinar comes in at 1:1 and Lets say I own 5 million dinars. Need opinion on this now. I understand but dont understand the totall reasoning around the dollar decline. But lets say that I might have a clue.
Now that I have 5 million nid's at a r/v 1:1 What should I do? Ok, My Ideal is to put 1 million nid's to account's in lets say... Euro's, Yens, Dong, USD and the last one, just leave as nid's.
Can this all take place right here in the US Banks? Or do I have to go to International Banking for those? My thinking with the noted decline of the dollar to be a possibillty in the future that this might be a smart way to go as well as a Safe Harbor too. While leaving me just 1 million in USD to manage off of with US Banks or what ever to earn a dividend.
Ok that is a good way to start this. How about it?
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07-12-2006, 12:31 AM #1
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