7-7-2012 Billio0: There is no one in the know willing to reveal the ultimate strategy to occur with that currency. It makes little sense for anyone to expect less value for their investment, and that includes both us as IQD investors and those countries who forgave some or all of Iraq's debt.
This is the basis for my confidence in us ultimately netting a profit of some significance eventually, no matter what else happens inside the borders of Iraq.
My personal opinion has always been that what we are actually dealing with are two separate and distinct events; an in-country change in the value of their currency, and an international recognition of its value per the countries that shall retain the IQD as a reserve currency.
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Thus, in my opinion for example, we here in the USA don't really want to keep our IQD indefinitely, but hope to exchange it for good old USA dollars, which is our preferred currency of choice.
In order to do this there must be a system in place here to accept our IQD and provide us those dollars at a predetermined value-of-exchange.
Now, I don't pretend to know what that value will be, or who shall be responsible for setting it, be it the CBI or the USA Treasury. And, quite frankly I couldn't care less.
All I really actually do care about is getting a value at least equal to what I have invested thus far, and certainly hopefully much, much more. That is the nature of all investments, by the way.
When you see those on the forums pounding into us the so-called FACT that the IQD MUST LOP, they are basing their theory on many things, the least of which is what the CBI has actually publicly stated.
Whether their theory has merit or not is less important than why they would come here to begin with, and what their motivations truly are. Certainly, if they are proponents of a profitable outcome to our investment, any viewpoint that is counter to that is meaningless, that is unless they have another agenda altogether.
I shall not begin to speculate what that agenda might be, but I will say that they definitely add nothing to my daily visits. Nonetheless, I respect everyone's viewpoint here, including theirs.
Thus, I believe the key for us is to narrow our focus in the next few weeks and months less on what is happening or supposed to happen politically and otherwise as it pertains to the Dinar inside Iraq, and pay closer attention to those clues that occasionally surface that hint at what the larger community of countries are doing and planning with regard to Iraq. This is where I think we will find our answers.