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Enorrste feels that once it becomes internationally tradable then speculators will begin to look at it
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Enorrste feels that once it becomes internationally tradable then speculators will begin to look at it
by Ponee Mon Jun 29, 2015 10:00 am
Enorrste
[You... have spoken before about how large investors will possibly get on board once they see it beginning to trend. So do we picture them as providing the momentum to keep it pushing higher?] I personally believe that once the exchange rate regime is changed to a free float mechanism that there will be significant interest from the financial community in the dinar. At this point it is not tradable on Forex or any other electronic media.
But once it becomes internationally tradable then speculators will begin to look at it . When they do so they will see that the reserves of Iraq are huge in relation to the value of the money supply. Then, just as they would buy up an undervalued stock, they will begin to buy up an undervalued currency.
One thing will lead to another as the ticker begins to move upward, and interest will grow and grow until it overwhelms the system. That is how I see it.
[You... have spoken before about how large investors will possibly get on board once they see it beginning to trend. So do we picture them as providing the momentum to keep it pushing higher?] I personally believe that once the exchange rate regime is changed to a free float mechanism that there will be significant interest from the financial community in the dinar. At this point it is not tradable on Forex or any other electronic media.
But once it becomes internationally tradable then speculators will begin to look at it . When they do so they will see that the reserves of Iraq are huge in relation to the value of the money supply. Then, just as they would buy up an undervalued stock, they will begin to buy up an undervalued currency.
One thing will lead to another as the ticker begins to move upward, and interest will grow and grow until it overwhelms the system. That is how I see it.
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Re: Enorrste feels that once it becomes internationally tradable then speculators will begin to look at it
by chilimama Mon Jun 29, 2015 10:31 am
OH GOOD LORD I HAVE HEARD THIS BEFORE A LONG TIME AGO. REGURGITATING INFO IS NOT A GURU YOU BE.
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Re: Enorrste feels that once it becomes internationally tradable then speculators will begin to look at it
by Kevind53 Mon Jun 29, 2015 6:35 pm
There are plenty of speculators now ... what they need are investors, and they are not waiting for the currency to go international. What they are waiting for is a secure and stable domestic and economic situation. But stuff like that is not important to pumpers is it?
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