View Single Post
Old 01-17-2011, 01:55 AM  
BIGTYMER
Junior Achiever
 
BIGTYMER's Avatar
 
Industry Role:
Join Date: Nov 2004
Location: Walled Garden
Posts: 17,066
Quote:
Originally Posted by Angry Jew Cat View Post


I guess when it's bottomed out that far, up looks like the only direction to go?
No this is a revaluation. They are hoping that if they invest xxx amount of money that the revaluation turns into x,xxx. It also could go the other way and they could lose money. Its a high risk investment. Someone said you're not even allowed to take Iraqi currency out of Iraq or something like that.

Maybe someone with more knowledge can explain it to you better.
BIGTYMER is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote