Iraqi Dinar Discussion Board

[Mr. Bill]

Pretty silly stuff!!

Look if they come out using a float it will be at a price where they are sure it will rise over time and show a strengthening currency. Duh!! If they peg it it will be at a price they know they can support and will increase over time.

Maybe it is time to get some NEW advisors!! Geez just use your own head and one can see how ridiculous that whole viewpoint is - GRANDE DUHHH!!!!

1-21-2015 Newshound Guru Adam Montana I won't pretend to know when they will actually make it official, but my gut feeling is that this week is a strong possibility, with a quick move after that to turn the HCA into the HCL, and then revalue the official rate on the dinar. When this happens, it's going to happen so fast our heads will spin! The only thing I'm actually worried about right now is if the CBI will peg it or float it. If they choose a float, my advisors are telling me the best play might be to take the first rate we get, because that could easily be the best rate we'll see for a long time. In other words, if it comes out at $1, it could quickly dip to a dime or less and then take years to rebound. I have no doubt that it would eventually come back... Even if they don't float it, they can still adjust the rate down again with no warning, explanation, or apology. [post 2 of 2]

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