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Re: Aerospace post# 20689

Friday, 12/18/2009 11:49:47 AM

Friday, December 18, 2009 11:49:47 AM

Post# of 29692
Understood, so in retrospect, what alot of folks aren't seeing here as far as a relationship of money supply vs. their GDP and that value is all comparable in US dollars,(all approx.)

US -GDP 13T currency 13T, so they are at about 100%
SA - 382B " 240B " 63%
UAE 190B 220B 116%
Kuwait 115B 77B 67%
Qatar 73B 41B 56%
Iraq 91B 26B 28%
Oman 40B 20B 50%
Bahrain 17B 21B 120%

I have always figured a slow grow- but as you can see with Iraq at at less than 30% with a GDP on the move there is substantial room for value growth in the dinar. I would say .01 valuation to the dollar would be way out of perspective but a 2 or 3 bagger from current value would not.
Lets use a 1Mil dinar = approx. $1000 now increasing to $3000
is a very nice return .
Thats just speculation but somewhat realistic to keep it all in line with the other currencies.

Everyone always hearing 20Trillion in curculation is somewhat misleading unless they understand the value to ratios.

How bout dem apples. smile
Still alot of risk but as the same as just about any investment anymore nowadays.

http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)

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