player46] just the man we need...
[player46] Shredd .. chatting about how the global investors would come a running if they increased the value...
[Shredd] ah, well, i agree playa peeps are scared at the idea of a small pip increase i'm not
[player46] Shredd .. good to know..
[Shredd] lets say shabbs moves the dinar up to a penny that is huge
[player46] Shredd .. no it is a start..
[TheRock] Shredd small pip increase is good
[Shredd] you watch those investors eat it up supply times demand is our key to success then, the velocity picks up too
Read More Link On Right
[TheRock] Shredd also it creates stability
[Shredd] you got that right Rocky yes, and y'all, if you wanna watch your investment grow fast.... watch what the global investment sector does to the dinar if it goes up to a penny that's a massive return
[cowboy1] 1 pip would not create stability tho.... NOW! 2 on the other hand
[player46] Shredd .. agreed...
[Shredd] also..... dont forget this..... if it goes up a penny and those lower denoms come out we can buy them up too they'll be more expensive, but ] we know they dont have an expiration date
[cowboy1] put in Forex, we'll buy it like if there is no tomorrow
[Shredd] buy those and sit on them for a few years when the dinar gets back up over 3 bucks no forex cowboy it wont be on there not right away
[cowboy1] dont think?
[TheRock] Shredd agree
[Shredd] no it can't not at a dirty float
[Shredd] or managed float ] forex is only real value
[grashopa] it has to be a free
[Shredd] cbi wont jump to that right away too costly exactly grashopa you may be able to SEE the rate on forex
[TheRock] grashopa and stable
[Shredd] but it wont be traded
[cowboy1] interesting take there
[Shredd] its not a take its fact forex doesn't have other managed float currencies on there its simply a fact iraq has, what, 3 times the reserves needed? they are pumping more oil than ever
[TheRock] Shredd correct and imo it will be at least a year before it appears
[Shredd] thats even aggressive rock
[grashopa] managed is +/- 2% per 90.......that creates stability
[Shredd] but that would be awesome if it were that fast
[TheRock] Shredd yes it is
[Shredd] it's a win/win for us either way small increase or around a buck out the gate
[TheRock] also when it does start moving in small pips the only place we will be able to exchange is through Dinar dealers ,, imo
[Shredd] some banks will buy it
[TheRock] Shredd maybe
[Shredd] depend on wto accession imo
[TheRock] Shredd yep
[Shredd] "exotic" currency label
[TheRock] high risk
[grashopa] exotic = volitile...?? Shredd
[Shredd] well, not necessarily high risk yes! high risk equals............? high reward (possibly)!
good returns or not
1 way or the other
[cowboy1] 401k is high risk now days
[Shredd] same goes for stock
chance we chose to take
[Shredd] or any kind of equity
[TheRock] Shredd higher the risk the higher the return if it goes.. Try futures trading...
[Shredd] yeah speculation is near the top of the list
Here is a link to an article and discussion about the Forex http://www.bondladyscorner.com/t50308-will-the-dinar-be-on-forex#80017
also per Shredd's request I offer you this link to read a letter from Deputy Prime Minster Sahawys in response to The Iraq Finance Conference 2012. His letter is the second one http://www.iraqfinance.co.uk/index.php?option=com_content&view=article&id=21&Itemid=29