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Started By
Message
re: Iraqi Dinar
Posted on 2/22/11 at 11:10 pm to TheHiddenFlask
Posted on 2/22/11 at 11:10 pm to TheHiddenFlask
quote:
I love the way that Aviator Tiger took a massive deuce on all stock specific threads for the past week, but didn't even touch this one.
I'm sorry I just got called for a RRT out in Las Vegas. I going to be here for a week so I won't be posting hardly at all. For the record this is a ridiculous way to invest your money. Inflation will kill you almost guaranteed not to mention the likelihood of Iraq collapsing within the next 10 years at 85%.
2
Posted on 2/23/11 at 12:53 pm to AviatorTiger
It is called high risk, high reward for a reason. It is why you should also make lower risk investments, but it appears to me that you ONLY sign off on investments of little risk and small return. By the way, where are you getting your number of 85% likelihood that Iraq collapses? Seems like pure speculation to me
Posted on 2/23/11 at 1:29 pm to AviatorTiger
quote:
For the record this is a ridiculous way to invest your money.
Agreed.
quote:
Inflation will kill you almost guaranteed
What? I'm not trying to be a jerk, are you talking about Iraqi inflation? That would cause depreciation and since these bills can't be held in interest bearing accounts, it would be a straight loss, so you would be right. I just find your terminoligy strange.
quote:
not to mention the likelihood of Iraq collapsing within the next 10 years at 85%.
I don't know how you quantified that, but it is a real chance, which is something that would be hard to model, not that I think any of the fools buying this stuff are actually modeling.
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