News Focus
News Focus
Followers 16
Posts 2311
Boards Moderated 0
Alias Born 03/18/2006

Re: Chump77 post# 21809

Sunday, 02/28/2010 10:52:16 AM

Sunday, February 28, 2010 10:52:16 AM

Post# of 29700
Chump I would say you have that backwards...it appears your doubt is getting way ahead of the facts.

Here are the FACTS:

1. In 2003 during the war the IMF devalued the IQD from $3.22 to .0009 overnight.
This was done under the power and authority of Chapter 7 sanctions.

2. That means IF the IQD revalues to say 1 IQD to $1
the true result will be after the war and after the return of Iraq's wealth the value of the Iraqi dinar will be less than 1/3 it's former value.

So that being the case...why in the world is it so unbelievable that the nation of Iraq after all is said and done ends up returning to the international economic community with a loss of 2/3rd's the value of it's currency?

How is it so unbelievable that after a war a nation would have lost value in it's currency?

I am looking at the true FACTS.

Heres hoping the Dinar ends up only losing 2/3rd's value! (1 iqd = $1)

Go DINAR!~





Disclaimer: Do not buy or sell any stock, currency or commodities
based upon this post or any of my post. Please do your own due diligence and the best of luck to all!~

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today