Militia Man
The AFC Fund is up 110.4% in Iraq. HUGE! Think about that for a minute, What do you get at your savings account? What do you get in your IRA's? What are you getting percentage wise over an annual growth? They have 110.4%. This country is going to explode. Everybody and their brother that's invested in the dinar should be thinking clearly by now as far as I'm concerned...This is fun! ...How does Iraq have one of the best funds in the world without having reasons behind it.
1310 is not a Real Effective Exchange Rate. I don't think the largest accounting firms in the world would be dealing with this, at this time, which they've never done before, we've never seen ever the Central Bank of Iraq talk about...the 13 [big accounting firms]...They have now.
An investment budget it's not going to work at 1310. They don't have enough dinar to do that... The project is to delete the zeros off the exchange rate. Once they have done that, they've applied the Real Effective Exchange Rate they're going to have to do things differently. The world knows that. WTO...Bank of International Settlements ... IMF...US Treasury...US Fed - everybody seems to be the ones that are knowing it but they just haven't quite done it yet or are they working to finish a process that is highly complex? That's my opinion...
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