be responsible. tell everyone what news ive received negative or positive is what ive done all along. that is responsible news reporting. i have told everyone repeatedly not to buy on a rumor EVER. its just not done.
as far as the done deal goes, if you recall last fall there was a LOI that was expired the date that i stated it would revalue on. at the LAST MINUTE the country of iraq cancelled that LOI. therefore, how could i have known about them cancelling it at the last minute had i not been in iraq. as far as i was concerned, AND WITH THE INFORMATION THAT I HAD, it was a done deal.
now, as far as this information goes i didnt share it on a whim. i have more than one confirmation on the signing of the pension law and you see it published now. that tells me my sources are correct. they are the ones who relayed to me that shabibi did indeed sign off on the revalue. i have stated repeatedly that the revalue would be triggered by the pension law passing. it was.
considering they can say, do, show, whatever they want with 'speculation' being their reasoning, what makes you think that they havent decided to tell us IN THEIR OWN TIMING???
so far, the only ones who are having an issue with my information sharing are those of you who cant get your heads around it. i suspect that you all are the ones who run to the bank to buy on rumor alone and thats what torques you all off.
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01-06-2007, 05:01 PM #131
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JULY STILL AINT NO LIE!!!
franny, were almost there!!
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Iraqi Investments
Good point,
But then again, I know quite a few stupid millionaires. lol Seriously, we are not talking about the risk of losing our money with the dinar, something no other investment I know of can replicate, so worse case we can break about even depending on what you paid for it to start.
If the dinar was never restored to former values, then the worse case for most of us is about 16% increase, and for those who have been in from the start, about 50% increase, not too bad as far as traditional investing goes. We certainly have gotten an education along the way, so in my opinion, a win, win scenario for all involved.
Good luck and health to all, Mike
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