InvestorsHub Logo
Followers 121
Posts 9852
Boards Moderated 0
Alias Born 01/17/2011

Re: Mr. Bill post# 28949

Saturday, 01/24/2015 6:57:15 AM

Saturday, January 24, 2015 6:57:15 AM

Post# of 29692
Common sense ought to dictate that a foreign currency that trades on FOREX isn't pegged, locked, frozen etc. Rather its price fluctuates based on market conditions be they suppy/demand, economic, geopolitical, etc. The question remains at what rate will the Dinar start trading at. Just like a penny stock, if all of us speculators sell out (exchange), then it may well tank and then hopefully rebound. I'd say save enough of what is cashed in at a buck to buy back in at a dime and ride it back up again. That's not a new theory of his, BTW. JMO.

Light travels faster than sound. This is why some people appear bright until you hear them speak.

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.