But RR has contacts in Kurdistan...remember Indira? How 'bout the "Uncle" or the "Grandfather"?
I have seen RR talk like he/she has contacts, but they are always mysteriously vague in their "reports".
I am not the only one suspicious of RR's "sources", but maybe Susie and RR have the same information "source" that has been having FUN with them....?
I can understand that gullible people may be easily duped into thinking someone they met on the internet is a bona-fide "source" of information on the confidentiality of a Nation's Finances, but I'm not one of them.
If nothing else, Susie and RR have provided nothing less than sheer entertainment for the more intelligent folks here.
Thank you.
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01-06-2007, 02:07 PM #91
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Do unto others....you know the rest...
Here I am getting my Dinar News Fix waiting for that "Bold Adjustment"
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01-06-2007, 02:08 PM #92
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Come on guys...this is the place for rumors...it's the information we all want to hear in regards to our investments...take it for what it's worth and go on...no one is forcing anyone to believe it...it's your choice!
If you don't like what your reading move on
Thanks SGS & RR for all your hard work and keeping us informed as best you can
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01-06-2007, 02:16 PM #93
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Iraqi Investments
Curious,
Given the fact so many seem to be of the opinion that all these rumors are useless, then let me pose a question to everyone. Which would you prefer? Knowing a specific date that revalue is to be completed, or, not hearing anything at all? Easy, it would be nice to now, but that is impossible.
In my opinion, most of us know it will happen, just not when, so when we hear rumors that Shabibbi has signed off on revalue, it could very well be true, but it does not mean it will happen this month, this year, or any time line. We have seen this over and over again, so really, what difference does it make?
We all want it to happen now, yet how many would be happy to know that it will happen, just not when we all want it to be completed? Personally, I am confident it has been decided, in fact, I feel it was decided from the start, after all, they wouldn't keep two books for nothing. In addition, we all have to remember the rate was an arbitrary devalue for a reason, and the same holds true for restoring the value.
It has to be restored at some point given all the articles stating it would, so with that, I would think most would be happy just to be on this ride, a journey few will ever get to enjoy, so who cares how long it will be. Lets stop the complaining about the time line rumors and just enjoy the ride. Have fun with it and don't take it so personal. It takes a BIG set to come forth with a timeline, so for those who criticize those that do, look in the mirror, have you ever stepped out of your comfort zone before? Everyone is different here, so lets just learn to tolerate each other and get along, stop the jabs and insults which will make this ride more enjoyable.
Peace, Mike
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01-06-2007, 02:23 PM #94
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01-06-2007, 02:29 PM #95
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2 sets of books has always been an assumption not factual.
restoring the value has been said but remember when the value was at its peak or anywhere near it Iraq didn't have 1k,5k,10k,and 25k notes also at the exchange rates peak they didnt have trillions upon trillions they had billions.
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01-06-2007, 02:34 PM #96
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sgs-
where does it say that the imf even cares about the double dipping theory? i believe that was a made up theory on this forum or at baskin and robbins. the dinar and dong are seperate issues. why cant they both go at once?
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01-06-2007, 02:38 PM #97
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it is just a theory
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01-06-2007, 02:39 PM #98
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I believe that's the point
I believe that is the point Lizard. That they would go at once. The idea of double dipping is accomplished when they don't go at once and a person is capable of going to the bank, exchanging a currency and then purchasing another currency that has not hit the market but does shortly thereafter.
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01-06-2007, 02:41 PM #99
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do you really believe the dong will rv............. read this you may change your mind when you consider over a ZILLION dong (not kidding) 221.16 trillion = 22.7 % of gdp times that by 4 and change and you get over a zillion.
By the end of 2006, Vietnam had 193 companies having their shares either listed or registered for transactions at the two local securities trading centers, namely, the Ho Chi Minh City Securities Trading Center and the Hanoi Securities Trading Center, with total value of nearly 221.16 trillion Vietnamese dong (VND) ( 13.82 billion U.S. dollars) or 22.7 percent of Vietnam's gross domestic product (GDP) in 2006, increasing nearly 20 times compared with late 2005, according to the commission.
Vietnam also housed nearly 400 kinds of government, municipal and bank bonds with a total value of over 70 trillion VND (nearly 4.38 billion dollars) or 7.7 percent of the GDP by the end of 2006.
People's Daily Online -- Feature: Vietnamese crazy for hot stock marketLast edited by HardRock; 01-06-2007 at 02:48 PM.
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01-06-2007, 02:55 PM #100
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221.16 trillion dongs sound really lot to me. Piles of dongs.
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