View Full Version : Reval in March ???
Ethanol Boy
02-20-2007, 12:56 PM
Alot of people are thinking there is going to be some sort of reval in March? Please give your reason and why.
Adster
02-20-2007, 01:07 PM
March and April. ;)
It depends how you define a reveal. 100 pips 1000 pips I would say that by April we should see 1000 to 1 and then a major reveal after the HCL is passed
ManDrone
02-20-2007, 02:53 PM
You forgot to add the "no reval" category and the "after 2008" category. Now only those who believe in a short term reval can vote.
Ethanol Boy
02-20-2007, 03:16 PM
It depends how you define a reveal. 100 pips 1000 pips I would say that by April we should see 1000 to 1 and then a major reveal after the HCL is passed
Some guy just told me he doesn't think it will reval past 1000-1 and they will Lop first.....then reval 1-1. If they lop 3 Zeros off the currency of 1000000 Dinar -- we now have 1000 Dinar and a 1-1 reval means that our currency is now worth $1000 . Whats your thoughts on this guys theory ?
steamer
02-20-2007, 03:34 PM
Some guy just told me he doesn't think it will reval past 1000-1 and they will Lop first.....then reval 1-1. If they lop 3 Zeros off the currency of 1000000 Dinar -- we now have 1000 Dinar and a 1-1 reval means that our currency is now worth $1000 . Whats your thoughts on this guys theory ?
It's LOP time again! Wheeeeeeeeee! Hurry, get on before it starts spinning out of control!!! :happy64: :lmao: :happy64: :lmao:
Ethanol Boy
02-20-2007, 03:39 PM
It's LOP time again! Wheeeeeeeeee! Hurry, get on before it starts spinning out of control!!! :happy64: :lmao: :happy64: :lmao:
No seriously....I'm just being a devils advicate here: It makes common sense to lop and reval at 1-1. We won't lose money on this but we won't gain any either which is our intent.
Give me 3 GOOD REASONS why you don't think the dinar will LOP ?
MEALTICKET
02-20-2007, 04:23 PM
With all the news of Sadr running, Oil found in the Sunni areas, training for bankers, dinar auctions increasing including the rate, Baghdad security plan, Iraq on its way into the WTO, Iranian officals running from Iraq. Things out of the mainstream seem to be looking positive. Iran needs to keep their nose out of Iraq. Recently they have beefed up Naval ops in Iraq waters. Iran might see Iraq as a threat.
The wool is coming off the sheep
MEALTICKET
02-20-2007, 04:25 PM
Some guy just told me he doesn't think it will reval past 1000-1 and they will Lop first.....then reval 1-1. If they lop 3 Zeros off the currency of 1000000 Dinar -- we now have 1000 Dinar and a 1-1 reval means that our currency is now worth $1000 . Whats your thoughts on this guys theory ?
Better invest in the ISX now!!!! Prices are still low!!!:shhh:
dannykimji
02-20-2007, 04:36 PM
At What I Got It At When I Was Their In 2004. I Make Money Anyway!!!
steamer
02-22-2007, 09:25 AM
No seriously....I'm just being a devils advicate here: It makes common sense to lop and reval at 1-1. We won't lose money on this but we won't gain any either which is our intent.
Give me 3 GOOD REASONS why you don't think the dinar will LOP ?
Thanks EthenolBoy...Tis a good question. The answer most often given is because Iraq finance officials have said on numerous occasions there will be NO LOP. Some have even been fired for suggesting it. Even with that been stated, it wouldn't surprise me if they did LOP. Just because they have said it won't happen....DOES THAT FOR SURE MEAN THEY WON'T? We are talking about Iraq here. Those that KNOW FOR SURE that if Iraq says one thing, they won't do another, please comment NOW. I will not be surprised if there are no takers on this one
Jimbojoe
02-22-2007, 09:45 AM
Some guy just told me he doesn't think it will reval past 1000-1 and they will Lop first.....then reval 1-1. If they lop 3 Zeros off the currency of 1000000 Dinar -- we now have 1000 Dinar and a 1-1 reval means that our currency is now worth $1000 . Whats your thoughts on this guys theory ?
They will not LOP, They will raise the three O'S off the Value which is Different than a LOP. If they Raise three O's off the Value it will be a Dollar to the Dollar in other words 25,000 Dinar would be worth $25,000 USD.:rolleye03
Ethanol Boy
02-22-2007, 10:02 AM
They will not LOP, They will raise the three O'S off the Value which is Different than a LOP. If they Raise three O's off the Value it will be a Dollar to the Dollar in other words 25,000 Dinar would be worth $25,000 USD.:rolleye03
What are the O's you are referring too ?
Jimbojoe
02-22-2007, 11:10 AM
What are the O's you are referring too ?
If it go's 1 to 1000 they will raise the three 000's of the 1000 and make it 1,in which will make it 1 Dinar which will make $1.00 USD to 1 IRD, that in turn will make it 1 to 1 or if they Reval a little bit higher 1 USD to 1.26 IRD or they could go as high as 1 USD to 3.26 IRD Which is called a Reval. Now when they do that you will become a Millionare if you have 1,000.000 IRD, so 25,000 IRD would be $ 25,000 USD.:happy64: :happy64: :happy64:
ksdunlap
03-15-2007, 11:20 PM
No place to vote unless you mean 1100-1 by 2008 or about
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