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Re: Tim post# 20625

Thursday, 12/10/2009 11:33:20 AM

Thursday, December 10, 2009 11:33:20 AM

Post# of 29700

I think for the benefit of newbies to this board it is safe to say that nobody has been right or wrong on the Dinar yet. Simply put there are 3 chains of thought on the Dinar. True

1. LOP - which you have been saying for at least 3 or 4 years now. Hasn't happened but I acknowledge it is possible.
The Minister of Finance and the Central Bank of Iraq have said this for 3 years, I've just pointed this out and showed facts that support a lop

2. RV - Same as one above - hasn't happened but I guess anything is possible. I'm not personally a believer.
If you believe that Iraq can have 5 to 30 times more currency than the rest of the world combined... then sure.

3. Slow Grow - that is what has transpired with my Dinar over the last five years. Again, I aknowledge that could also change.
My opinon is it will lop, I've also acknoweleged this, I've said it might just stay as is and maybe grow 10 to 20%

Tim

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