Source: Iraq Dinar Speculation
URL: http://feedproxy.google.com/~r/IraqDinarSpeculation/~3/nRbLciwntb0/
Hey again, everyone! Adam Montana here, with a short update.
Actually, it’s not so much an update… but I do have something to share with you. One of the VIP members on our forum (http://dinarvets.com) posted their take on this investment, and I’ll be honest… it’s one of the best reads I’ve had in a while!
Here is an excerpt:
The Big Experiment (TBE)
Let me preface the following with… I am not a/or pretend to be a GURU, Dinar Expert or Investment Specialist. I am however a Business Man and Entrepreneur and this is my POV (Point of View – “Not a Utility Vehicle”).
Look at The Past: Many of the very smart investors among us speak of the past to determine what will happen with the Dinar today. This makes sense and sounds very reasonable but may I respectfully ask… When have over 100 currencies significantly revalued at the same time (If true) and drastically altered the Global Economy overnight (If true again)? TBE
The Rate: .10 to $ 4.44 (We won’t even discuss the $ 8.00 knuckle heads). Isn’t there a legitimate argument for both rates and anything in between?
$ 4.00 would instantly make the Iraqi people wealthy and possibly millions of others worldwide but do they have the resources to support this overnight and wouldn’t millions of Iraqi’s quit their jobs?
How about the .86 to the Euro theory and then a bounty on the larger notes and slow increase to Iraq’s previous rate? Interesting, but wouldn’t this be an issue with a run on their currency from heavy investors (Not Heavy because they are “Fat Cats”)?
Then we have Adam who
Read the rest here: http://dinarvets.com/forums/index.php?/topic/72821-the-big-experiment-tbe/#ixzz1Rhs4RcVO
Talk to you soon, and hopefully I’ll be sending the VIPs that text message even sooner!
- Adam Montana
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