Friday, May 13, 2011

Potential for negative dinar outcome?

"BBear" on DV has posted this....does anyone have any thoughts to share on this?  Thanks, Alexyn.
 
 
"Sorrry, i didnt give a link for that so here it is

http://www.iraq-busi...ag/revaluation/

My guess is they will re-denom, and give a time frame for the turn of old currency in at the current exchange rate (1170/USD) then RV some time after that. I dont want it to go that way , but. I believe ALI left because he knew it would happen this way, he made a shitload of money selling this dream, and now that it very well be turning into a nightmare he closed up shop and got outta dodge. I suspect the others will be closing shop also, here in the near future. now that all the pumpers are gone, maybe some common since will return. "


Read more: http://dinarvets.com/forums/index.php?/topic/66435-lower-denom-currency/#ixzz1MIl8wVWt

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