_Good morning PIF, Good morning everyone!
I posted this in the wrong forum, so I had to move it.
I hope you have all found time to sleep at least an hour or two!
Yesterday afternoon, I had a very long and interesting conversation with a group of friends (all of which are Dinar investors).
One of the most intriguing arguments for seeing the RV this week is based simply on when taxes would be due.
Read More Link on Right
_Let's assume for a minute that the Dinar RV's at $4.00 and that it RV's on January 2, 2012. The capital gains will be documented on your 2012 tax return in April of 2013.
What if the Dinar RV's between the week of December 26 (Monday) and December 31st (Saturday)? What percentage of investors will be able to cash out the week between Christmas and New Years? What percentage of people will wait until after January 1, 2012 to cash out in order to move the tax year to 2012?
What if the Dinar RV's the week before Christmas on December 25th (Sunday). This could happen but if the Government wants to see large amounts of Dinars' cashed in and therefore increased spending for the Holiday, the odds decrease each day of the week that the RV delays.
In my opinion, this week (December 12-16) is the last ideal week for the Dinar to RV so that the US Government can benefit from the 2011 tax year (where your taxes will be filed by April 15th 2012). In my opinion, if the Dinar RV's this week (and the value is $3.00 or above) there is a strong chance that well over 50% of all Dinar will be cashed in prior to the end of the 2011 tax year. The higher the Dinar RV's the higher the percentage of Dinar that will be cashed in. Ask yourself what percentage of your dinar would you cash out if the Dinar RV's at $7.00?
The second major reason that I believe that it will RV this week is because of the potential benefit of a large amount of funds that would be spent during his holiday season. President O-No needs positive press, Increased retail spending during this holiday season would be great news.
Lastly, I believe that my reasons all by themselves, might not be a sufficient reason for the Dinar to RV. When you couple Malaki's visit, the amazing exodus of US troops from Iraq (in less than 75 days?), the extensive amount of legislation in Iraq, the bailout of the Euro (where did the US find One TRILLION DOLLARS?) and 140 countries that are waiting to re-value their currency.
This will be the week for the RV.