Tuesday, February 28, 2012

Sam I Am Tired

In my final post of 2011 I stated that I'm going to be spending less time with my blog this year.  For the past few weeks I've been finishing up on the Breitling exposé.  I didn't want to do that post but I didn't really feel that I had much choice.  It's not in my nature to look the other way when I see people being led down the primrose path.  That's why I started this blog.  I'm really glad to have it out of the way now so I can move on to more enjoyable things that don't pertain to the dinar.  I'll still do the weekly Douchies and maybe a couple more interviews, and of course I'll post things as they are brought to my attention.  But I'm done with the research on these guys.  I've said all that I have to say and IMO I've adequately debunked and/or exposed them. 

As you know this site doesn't get much exposure on dinar forums because I don't tell people they're going to get rich off the dinar.  (I've also written about more than one forum owner.)  It's all done by word of mouth which means that my readers are my marketers.   Thanks so much for the support over the past five months.  Because of your efforts we've had an impact on the dinar community.  I get emails all the time informing me about this pumper or that guru.  Most of it I don't post (I have a policy that I will only post information about people that is already posted elsewhere on the internet) but it still helps to provide context for the people in question.  I also get emails from people who appreciate our efforts as it has helped them to make a more informed decision about investing in the dinar.  If we've been able to help one person make a  better decision regarding the dinar then I guess we've accomplished something.  But I believe we've done more than that.  I believe we've made a significant dent in the operations of the douchebags.  Dinar sales are down.  Forum activity is down as well.  I'm not about to take all the credit for that, but I maintain that this blog has had a hand in it. 

Having said that I'm off to take care of some personal things.  Feel free to email me or post comments.  I'm not going to retire.  I'm just going to relax.  I'll respond when I'm able.  Thanks again, everybody. 

Saturday, February 25, 2012

"Friends of Brad Huebner" Douchie

This week's Douchebag Award goes to the "Friends of Brad Huebner".  This email was just brought to my attention by a trusted source.  Brad as you may know is the man behind The BH Group, the MLM company behind controversial products like Xango and Nu Skin that saw the potential of selling dinar and dived in head first.  The BH Group was raided by authorities back in July which promptly put an end to their dinar sales, as well as putting Rudy Coenen’s hedge fund (which they marketed) on hold. I have a few comments that I'll add after the email.


Feb 24, 2013
BH Group Members,                                                                                                         
This letter is coming from close friends of Brad Huebner that feel it necessary to let you members know what the Founder of the BH Group has actually been going through since the US Treasury Department raided his office and home back on July 27th 2011. They took his business records, Dinars and cash from his office, home and bank accounts.  Within a short period of time and without prior Court approval, sold his Dinar to The Bank of America for less than the price he paid for them!

Fortunately for Brad, he's a fighter and has been able to hold it together and keep functioning but has been living in a state of pure hell and terror!  Economically he has lost most everything including real estate investments that have now been foreclosed, his personal home is in serious jeopardy and he cannot pay the significant amounts of state and federal taxes on revenues the BH Group created in 2010 and 2011 plus his various legal defense bills.

Brad has never missed doing his Monday night BH Group Conference Call trying to keep you informed on every step of this journey.  He also created the very informative and educational YOU TUBE Video, DINAR 101 that educated tens of thousands of people about the Dinar.

Many of you don't realize that Brad worked tirelessly over the last two years with a small professional staff that provided friendly help and service second to none in the industry as The BH Group became a respected entity in the Dinar Community.  In fact, he was branded the "Voice of Sanity" as he tried his best to avoid the Rate and Date game that put so many people on the emotional Dinar Roller Coaster.
 
Immediately after the government raid, Brad teamed up with The Treasury Vault to become the exclusive supplier to provide Dinar to BH Group members so they would have a reliable source of supply at a very competitive price advantage through a trustworthy Company.

Today Brad is living on "fumes" and has downsized his business significantly but still provides help for any member that calls in for questions or concerns and he will personally answer any call from a member in need.  Now he needs our help!

Please consider helping Brad by "gifting" any amount of Dinars you feel comfortable with so he will be able to benefit from the RV, as well.  We have looked into this matter and you can gift to anyone up to $13,000 tax free which would equate to approximately a total of 11 million Dinars. Realistically 500,000 Dinars is a $610 gift and 1,000,000 Dinars is a $1,220 gift to help give you some perspective on values!  The key is that the "gift" has to be made BEFORE the re-valuation! Please understand this would be a true gift and you will not receive any type of service for this and it is not tax deductable.  If you have it in your heart, now is the time to make your gift to help our leader. He would never ask you but he needs help and we need to help him now!

We know for a fact, Brad's main mission from the beginning was to help people no matter how big or small an investor and he felt very strongly about trying to do his part to make a difference in the future of his home area of NW Ohio that has fallen on very tough economic times. He still has a goal of putting a large contribution together for the Wounded Warrior Foundation that made the Dinar opportunity available for all of us and many other worthwhile charities.  He also wants to use the combined leverage of the BH Group to help our individual members in many areas of their life after the Re-valuation.

Brad wants his legacy to be the tens of thousands of people that he helped educate and or sold Dinar to that eventually will have a tremendous positive effect on their lives and future generations of their families and others who need help in their individual communities!

 If you have been touched by or appreciate the work that Brad has done and want to help him in his hour of need send any amount of Dinar you want as a gift to the BH Group, 19 N. St. Clair Street, 3rd Floor, Toledo, OH 43604, Attn: Brad Huebner by Certified or Priority Mail of the US Postal System, FedEx or UPS.  If you live in the area you can stop by his new office located on the 3rd Floor of the same building they have been in above Fricker's Restaurant at Fifth Third Field in downtown Toledo.  You will receive a receipt from The BH Group that acknowledges the amount of Dinar and basis of your gift for your personal records.

Thank you for your considerations,
Friends of Brad Huebner


First of all we have to assume that there was some reason that the authorities took action.  Obviously he was in violation of some laws or regulations that led to the actions taken by the authorities.  As a businessman it’s your responsibility to make sure that you cross every T and dot every I.  You should have accountants to ensure that there are no irregularities in how you handle your money.  You should have attorneys to help you structure and conduct your business in a way that covers your butt legally.  And if you fail to do so and get in trouble you should turn to family and friends for help, not strangers on the internet whose email addresses you have acquired through your marketing efforts. 

Second, Brad Huebner did nobody a favour by producing that Dinar 101 video.  I posted on this a few months ago.  It’s full of unsubstantiated “facts” and pumper nonsense including Brad’s claim that Dick Cheney and his associates put together a brilliant plan to RV the dinar to generate a windfall in the trillions for the US, and that he (Brad) is privy to top level intel and is nice enough to share this information with people who buy dinar from BH.

And finally, where does this guy find the nerve to ask for help from people who were already sold a product based on hype, now that he has presumably run afoul of the law and has fallen on hard times of his own doing?  Can you imagine Ken Lay or Bernie Madoff accepting donations via “Friends of Ken” or “Friends of Bernie”?  According to his Dinar 101 video the BH Group has 10,000 members.  If each one just sent him a 25K note that would produce a windfall of over $200,000!  For what? 

Brad has already profited once from his customers.  Why should he be allowed to double dip?  This is your hard earned money.  If you’ve bought dinar from Brad or anybody else I think you should either hang on to it or sell it, not give it to a guy who lost his because of how he conducted his business.  If you want to donate it to the Wounded Warriors that’s fine.  If you want to give Brad some dinar after the RV that’s fine.  But gifting it to him now is essentially the same as handing him US dollars as was pointed out in the email, and in the current economy most people don’t have hundreds or thousands of dollars to just hand over to a “cause” like this.  Charity should be for the poor or for people who have experienced a tragedy, or in the case of Wounded Warriors people who suffered an injury in the service of their country.  It should not go to people who created their own hell through their careless or illegal business practices.  Just my 23 dinars.

Thursday, February 23, 2012

The Breitling Catalog

Before I get started let me say that I have nothing personal against Breitling.  I've never met him, he's never done anything to me personally, and in fact there are certain things about him that I like.  I like his optimism and his "can do" approach.  When he says "nothing less than the desire of your heart", that resonates with me.  And I have nothing against incorporating prayer into the pursuit of your goals.  I think it's fine that he helps people learn how to set up a Warka account, and I have no problem with him promoting the ISX Report except for the fact that he doesn't inform people that he has a business interest in it.  (His company's name "Select Play Media" comes up on the PayPal page when you order it.)

What I do have a problem with is that Breitling is misleading and confusing people about the facts in this investment.  Whether it's intentional or not I can't say, but when you consider the traffic that he is generating for his blog which presumably increases his ad revenues you have to wonder about his motivation.  When he promotes buying lower denoms and then you find that he has a working relationship with Roger Dorman from The Treasury Vault where they run promotions with lower denoms, again you have to wonder.  And when he makes irresponsible statements like the RV is a 100% sure thing, or it's basically a lock, or it's like holding a winning lottery ticket  .... you have to question his judgment. 

Back in October I posted my findings about Breitling in "Breitling Busted".  I addressed several of the concerns that my research raised.  Apart from his innumerable "ya know"s and "very simple"s and "and all that stuff"s, his frequent usage of double-talk, and his continual reading of the praises from his admirers, Mr. B's commentary is also problematic because of his repeated misstatement and omission of facts.  Then there's the matter of contradiction.

Years ago I would listen to a certain televangelist (as an observer, not a follower) who would frequently contradict himself.  It amazed me that the same people who said "amen" the first time would say "amen" to the contradiction.  This led to my conclusion that what I was watching was the cult of personality at work, which rendered the content of the message irrelevant.  I believe that's what we're seeing with the followers of Frank Villa, Dan Atkinson, and Breitling, all of whom have been repeatedly proven wrong in their intel and analysis, yet still manage to maintain a loyal following.  In short, people just like listening to them talk.  It doesn't really matter what they say as long as they're upbeat.  It gives their listeners a good feeling.


"I'm a complete ninja when it comes to
finding out information and backing

it up and making sure it's the correct
information"   (4/11/13)                     
In my opinion what Breitling has done is recognize the disenchantment in the dinar community with the rate and date gurus, and he saw the demand for information on the process because most of the people who are invested in the dinar are inexperienced currency investors, and in many cases novice investors period.  Naturally they have questions, and they're looking for somebody to help them understand what's going on.  B was able to fill that void and establish himself as an investment guru in general and a dinar guru in particular by talking about a myriad of topics without committing himself to precise rates and dates in order to retain a certain amount of credibility.  This does not mean however, that he really knows what he's talking about.

Since October I have continued my research.  I started going through the many YouTube videos produced by Tony "Breitling" to document his claims about himself and the dinar.  Since he usually does one or two of these a day averaging over 10 minutes each this is quite an undertaking as you can imagine, but I felt that it was necessary to let people know as much as possible about this dinar guru that many believe in.  I also conducted numerous searches on different dinar forums for additional information.  Finally, I went straight to Mr. B's blog archives for the rest.  What I found was astonishing.  With the help of my associates I have been able to produce this post covering Breitling's material from April of 2010 through February of 2012.  My findings and comments are as follows:

Forum Posts

April 22, 2010 B was talking about the impending RV of the Vietnamese Dong:

Breitling says to (11:28:58):
VIETNAM IS IN LINE TO RV
MUCH SMALLER PIPS
I WAS TOLD ALI IS OUT THIS MORNING
AND CANT SELL ANYMORE
THE VND IS STARTING TO DRY UP FAST
WELLS FARGO STOPPED SELLING IT ALSO
SOME OTHER BANK STOPPED ALSO BUT I CAN'T REMEMBER THE NAME ?
huntandfish says to (11:30:50):
Yep, I bought dong Monday and they had stopped selling by Tuesday, WF that is
Breitling says to (11:31:09):
HUNTANDFISH I JUST MADE IT
YOU JUST MADE IT I MEAN
................
............
Breitling says to (11:36:23):
THEY MAY GO 2 CENTS AT FIRST AND THEN TRICKLE UP FOR A FEW WEEKS
EITHER WAY EASY MONEY
I WILL CASH IN BUY MORE DINAR
HEHE
pbrman71 says to (11:37:14):
what's your gut instinct about the dong actually popping and when?
lawlesslucy says to (11:37:21):
u think they will come in before dinar?
Breitling says to (11:37:30):
IT LOOKS THAT WAY
ALLOT OF BUZZ IN HONG KONG ABOUT IT
...............
....................
pbrman71 says to (11:40:41):
terryb.are you saying dong rv maybe today?
terryb says to (11:40:46):
yep
scott9868 says to (11:40:49):
Breitling I just bought 8 mil for 495.00
Breitling says to (11:40:58):
WE HAVE BEEN HEARING MAYBE TODAY
......................
....................
lawlesslucy says to (11:42:10):
did someone say a cetain trader (can i mention names) is out today?
Breitling says to (11:42:16):
KOREA IS ON THAT LIST BUT I DONT KNOW ANYTHING ABOUT IT
jgunnsmith says to (11:42:22):
Indian Rupee, Iceland Krona, China Yen, Argentine Peso, Korean Won, Mexican Peso, Turkish Lira, Indonesia Rupiah, Lao Kip, Cambodia Riel, and Vietnam Dong. Not sure if they are all there or if the North Korean Won was on there or now lol but there you go.
Breitling says to (11:42:27):
ALI DINAR TRADE
IdaBuMan says to (11:42:47):
what do you mean by "out today"?
Breitling says to (11:42:57):
THEY RAN OUT
lawlesslucy says to (11:42:58):
as in gone
lawlesslucy says to (11:43:03):
they did
lawlesslucy says to (11:43:09):
dong or dinar?
Breitling says to (11:43:13):
DONG
lawlesslucy says to (11:43:17):
wow!
terryb says to (11:43:18):
yep
lawlesslucy says to (11:43:27):
something is up
Breitling says to (11:43:33):
HECK YEAH
jgunnsmith says to (11:43:35):
I have won, dong, and dinar. Breit you had said you thought the Rupee was going to skyrocket a while back. Do you still think so? Do you think they will hit at the same time before we can buy more of other currencies if we wanted to?
Breitling says to (11:43:44):
WELLS FARGO HAD A TON OF IT THE OTHER DAY
I KNOW THEY DID'NT SELL IT ALL
NO ASTRO SIAD THAT
ALL THOSE COUNTRIES PRETTY MUCH WILL TRY THIS YEAR
BUT IT IS JUST LIKE IRAQ WHO KNOWS
AS OF NOW I ONLY KNOW ABOUT THE DONG AND DINAR
THE DINAR IS A 100% FOR SURE DEAL
JUST THE TIMEFRAMES HAS BEEN MESSED WITH

http://www.dongtalk.com/forums/archive/index.php/t-15457.html

Did the dong RV?  To the contrary.  It has steadily depreciated since then.

0.0000541389    Jan   2010
0.0000526167    April 2010
0.0000524824    July  2010
0.0000514139    Oct   2010
0.0000512821    Jan   2011
0.0000476190    Jan   2012

Notice that B said the dong is drying up fast.  Does that sound familiar?  We've been hearing that a lot lately about the dinar, and last I checked dealers are still selling both VND and IQD.  Is the dinar a 100% for sure deal?  You tell me.

*******************

On July 24, 2010 B said:

THE WORLD WANTS IRAQ IN THE GROUP
Breitling says to (16:39:38):
WE SET THEM UP FOR THIS
Breitling says to (16:39:48):
IT IT WILL BE DONE
Breitling: OH ONE MORE THING THAT ARTICLE ABOUT
THE 23 TRILLION DINAR
Breitling: THEY DONT HAVE 25 TRILLION ANYMORE
Breitling: THEY ALREADY TOLD US THEY GOT RID OF
70% OF THAT
Breitling: SO THAT ARTICLE IS CRAP
Breitling: SO NONE OF THOSE NUMBERS EVEN ADD UP
Breitling: 6 TRILLION PLUS 5 TRILLION OUTSIDE OF
IRAQ
Breitling: 5 TRILLION OUTSIDE
Breitling: SO YES
Breitling: ABOUT 11 TRILLION
Breitling: THEY ALREADY PULLED THE TRIGGER FOR
THE RV
Breitling: NOW THEY HAVE TO JUST GET IT DONE
Breitling: GET THE NEW DENOMS OUT AND RV THE
RATE AT THE SAME TIME
alk4316: doesn't US hold 9 it self
Breitling: NO NOT 9
Breitling: ONLY ABOUT 2.5
Breitling: ALLOT LESS THEN PEOPLE THOUGHT
cuda2000: i thought the us had 4 in the fed res
Breitling: FOUND OUT OTHERWISE
Breitling : SEE YOU GUYS LATER

So here B says that as of July of 2010 Iraq had removed 70% of their money supply, which by his calculations leaves about 11 trillion.  And yet here we are a year and a half later with reports from the CBI of a 26 trillion dinar money supply.  Then he says they already pulled the trigger on the RV, and yet the gun still hasn't gone off.  Then B says that the US is holding only 2.5 trillion which is less than was previously thought.  And yet ten months later in his 5/24/11 YouTube video he says his contact at the IMF told him 4 trillion.  So as you can see his figures there are inconsistent.

******************* 

On Nov. 29, 2010 B said:

Breitling: LOOK IT IS REALLY ON THE TABLE FOR THIS TO END THIS YEAR
Breitling: THEY ARE PRIMED
Breitling: WE SHOULD HAVE BEEN CASHED IN BY NOW
Breitling: ACCORDING TO MY BEST SOURCES
Breitling: THEY ARE IN SHOCK HOW IRAQ CAN MESS THINGS UP

http://exchangetidbits.com/archives/2010/11/breitling-chat-ddc-112910

And of course there was no RV at the end of 2010.


**************

On March 29, 2011 B said:

[11:31:48 AM] Breitling: a lot of people are saying iraq needs to be stable to have a currency tradable
[11:32:09 AM] Breitling: the problem is iraq’s plan is to stabilize Iraq using the dinar
[11:32:22 AM] Breitling: it is part of the stabilizing process
[11:32:54 AM] Breitling: stabilization will come only after the rise in value of the dinar and its world trade status
[11:33:22 AM] Breitling: done
[11:34:16 AM] Breitling: hope that helps


This reveals B's ignorance of what is involved in currency valuation.  Current economic and political conditions of a country will be reflected in their currency's value.  If there is instability for example, the currency will likely reflect that with a lower value.  Conversely, if the government is seen as stable the value will likely trend upward.  You don't raise the value of a currency to fix the problem.  You fix the problem to raise the value of the currency.   B has it bass ackwards when he says they need to RV in order to stabilize the country.  If it was this simple every country would just revalue and use the increase in wealth to pay for whatever they need done.  Economics doesn't work that way, compadre.

*********************

On June 1, 2011 B said:

valleyite: saw lots of references today about Sadhir coming to the rescue to seat the government…is the government seated as in ALL the ministers nominated voted on and in place?
breitling: WILL HAPPEN IN JUNE
144kbgg: What are your thoughts about WTO ascension tomorrow (if that’s true)  and its implications with the IQD?
breitling: IT IS ALL PART OF IT AND YOU WILL SEE IRAQ INTERNATIONALLY TRADED SOON

http://iraqidinarnews.net/blog/2011/06/01/breitling-chat-ddc-53111/

Well here we are over half a year later and they still haven't seated all of the ministers, nor is the IQD internationally traded.

And also:
6-1-2011 Guru Breitling JUNE 1ST TO JUNE 30TH...99% sure... NEVER BEEN CLOSER AND YOU SHOULD BE HAPPY, BECAUSE THIS IS REAL....86 TO THE EURO I THINK THE EURO IS 1.34 RIGHT NOW...What's left to do to RV? SEATING OF SECURITY , LAW PASSED ON THE CURRENCY , DFI TRANSFERED TO THE NEW ACCOUNTS

http://www.dinarguru.com/dinar-guru-archive2.html


And of course no RV in June 2011.


More Forum Posts:

Breitling Dinar Chat 6/21/10
http://dinarvets.com/forums/index.php?/topic/26010-breitling-dinar-daddy-an-email-conversation/
http://dinarvets.com/forums/index.php?/topic/10283-breitling-chat-1045-am-3-3-2010/
http://dinarvets.com/forums/index.php?/topic/9669-breitling-chat-2-26-2010/



YouTube Videos

2/17/13 UPDATE!!!  It has just been brought to my attention that these videos are no longer listed on Breitling's YouTube page.  The oldest video is now from April 2012, a little over a month after I posted this.  As you can see from the comments below several readers confirmed what I documented.  I'll try to find backup copies of the missing videos and upload them to my YouTube page.  In the meantime I remind you that Breitling produced no less than four videos in response to this post (he got so upset that he kept knocking his recording equipment loose) in which he acknowledged saying most of what I documented although he of course had his own spin on what he was saying.  Any suggestion that everything here is made up is disputed by his own rebuttals.  I will upload those videos as well.

5/17/11 17th show - B says he has contacts at Citigroup with ties to Iraq ... says he was in manufacturing in China and he knows the numbers inside and out. *

5/22/11 22nd show ... B says he's a private pilot * ... says the IQD will be $1.17 if it comes in at 86 cents   (??? I think what he means is if the rate is 1.17 IQD to the dollar the value will be 86 cents.  It can't be worth $1.17 and $.86 at the same time.)

5/24/11 .... 24th show ... B says they pulled in 70% of the higher denoms in 6-8 months (no documentation is provided but I think he's referring to a report that they reduced excess liquidity by 70% which has nothing to do with pulling higher denoms out of circulation) ... says we know the US has IQD in our reserves (again, no documentation is provided) ... says IMF official told him 4 trillion (so B claims that he has a contact at the IMF *) 

5/25/11 ... 26th show ... B promotes his insurance theory - buy lower denoms to avoid the lop (a lop is a redenomination where zeros are "lopped" off of the exchange rate, and it affects all currency - higher denoms, lower denoms, paper, and electronic - so buying lower denoms or electronic currency won't accomplish anything if Iraq lops ... of course novice currency investors might not realize this and decide to take advantage of "Breitling's Insurance Plan" at The Treasury Vault) ... B says "I killed the issue, people don't talk about the lop anymore" (I don't know about you but I hear a lot of people discussing it, especially when Shabibi or the CBI says they're going to delete three zeros and issue new currency which will reduce the money supply as it increases the value and eases cash transactions - all of which perfectly describe a lop) ... says Iraq is the wealthiest country on the planet (please elaborate ... their GDP is ranked 59th and their per capita income is 127th)

5/26/11 ... Special Audio Q&A for Roger's chat .... B says Iraq's policy was to take the notes with three zeros off the market (not true ... they said they would delete three zeros from the currency which some gurus interpreted as removing the higher denoms with three zeros) says 70% of dinar were pulled by last August and the CBI numbers are false (So I guess we can trust "Breitling" which isn't his real name, but not the CBI who are audited and required to be transparent?)

5/27/11  ... 28th show ... B says Bush said the war wouldn't cost us anything (he never said that) ... says Obama said we're gonna pay off the debt in three years (he never said that)  ... says they're gonna get out of chapter 7 in June (it didn't happen)

5/27/11  .. 29th show ... B says Cheney and the Federal Reserve understood that we needed to control oil, so we set it up to where you have to buy oil with the USD (what he's describing here is the petrodollar which was set up 40 years ago under Nixon .. Cheney and Bush had nothing to do with it) ... says he doesn't have secret sources (yet in this chat session he said he has intel and on other occasions he has referenced his sources)

5/27/11  ... 30th show ... B rants against an email that says Iraqi students said it would lop (so Iraqi students who speak Arabic don't know as much about what is being said in Iraq as Breitling?) claims they already started taking the larger notes off the market a year ago (but they still have 26.8 trillion in circulation 20 months later?)



5/28/11 ... 33rd show ... email says they talk with Iraqis on Facebook and the higher denoms are the main notes being used, but you say they're pulling them in?  B says "well they haven't pulled them all in and most Iraqis have NO currency at all" (I think a better explanation given the current money supply figures is that HDs are everywhere because Iraq hasn't significantly reduced the money supply at all)

5/30/11 ... 35th show ... B says just like any other revaluation they get rid of the larger currency and then that value is absorbed equally into the currency that's left (WRONG!  Revaluations are usually simple adjustments to the exchange rate that don't require the elimination of larger denominations or the introduction of lower denominations)  says George Soros made his money doing what we're doing - currency speculation (Soros was a hedge fund manager, making money from arbitrage, short selling, and leveraging which is nothing like what we're doing - he founded Soros Fund Management in 1970 and ran it for over 20 years before the redenominations in the eastern bloc nations)

6/1/11 ... 39th show ... B says he trusts the BH Group and will always recommend them (a month later they were raided and their dinar sales were shut down) ... says he's had expensive cars that cost $15K/yr to maintain* ... says currency is stock (currency is not stock ... once again this is a misleading statement that a novice currency investor might mistakenly believe ... the purpose of stocks is to provide operating capital for the company and profits for the shareholder while the purpose of currency is to provide a means of exchange for goods and services ... there is no expected return in holding currency like there is with stock ... in fact, nations often see a lower value to their currency as beneficial ... this statement alone should wave huge red flags for any listener)

6/2/11 ... 41st show ... B says no way they'll lop, there's no precedent for it (there are dozens of examples of countries that have lopped after recovering from periods of hyperinflation - and many of them had a growing economy like Iraq ... Turkey, for example RD'd in 2005 with an inflation rate at around 8% and a growing economy ... see the charts below) ... says there's no model for a lop (tell that to Shabibi ... he was studying the redenominations of Turkey and Brazil) ... says "it will be the first time in history if that happens" (no it wouldn't ... besides, an RV at 1000 to 1 would also be unprecedented but that doesn't seem to matter to B) ... says dong will RV in 2 or 3 years at about 2.5 cents (he said the dong was in line to RV a couple of years ago but it didn't)



6/3/11 ... 45th show ... B says Kuwait is a good model for IQD because the value was nearly the same ... says it's a "perfect example" of how Iraq is going to get their value back (The Kuwaiti dinar redenomination played out within the span of one year while Iraq's currency was worth less than a penny nearly 20 years ago ... Kuwait never had trillions in circulation as Iraq does ... Kuwait had a stable government, a well developed infrastructure, a higher GDP per capita, a more diverse economy, and didn't have terrorist bombs going off year after year ... etc.... and most importantly the Central Bank of Kuwait never changed the official rate ... perfect example my arse!)

6/4/11 ... 47th show .... B claims that he knows people who work at the UN *

6/5/11 ... 50th show ... B says Iraq saying they will RD tells you that they've already got the LDs printed out (so why are they discussing the new design with three languages if they're already printed?)

6/5/11 ... 51st show ... email asks if it would be possible for Iraq to issue a new currency making our currency obsolete? ... B says no, ours IS the new currency (Many countries have done multiple RDs within the span of a few years.  Zimbabwe and Brazil are two recent examples.  The main purpose for the 2003 RD to the IQD was to remove Saddam's image and demonetize the currency held by terrorists.  Any new RD would be done to simplify cash transactions.)

6/6/11 ... 52nd show ... B says dinar dealers are licensed through the treasury dept (wrong .... they simply register as money service providers .. they have no license for selling investments)

6/7/11 ... 56th show .... B says the more you buy the less the risk (12:30 in) (huh?)

6/7/11  ... 57th show ... B says he's been in the banking industry for 10 years ... had a bank in NZ *

6/8/11  .. 58th show ... B says people thought it was too good to be true when the Kuwaiti dinar RVd, when Canada RVd, when India RVd (Kuwaiti dinar didn't RV - it was replaced by a new currency; Canada and India's RVs didn't increase their values by a thousand times - both were less than 30% increases ... a nice little profit but hardly "too good to be true" ... an RV to 86 cents would be 100,000%)


6/9/11 ... 61st show ... B says when this is over you can take what he teaches you and give economists a run for their money (I'd like to get an economist's opinion on that) 

6/10/11 .. 64th show ... B says countries retire currencies all the time (but he doesn't mention that they lop or redenominate when they do it - what country has ever retired denominations within the same currency because of an RV?

6/10/11
... 65th show ... (end of video) B says when Shabibi was in DC he was asked when the IQD was going to RV and he smiled and looked down and said "very soon" (Blatantly false! -  Shabs said that even if he knew he couldn't tell us ... he said RV would depend on inflation and later he said that they would delete the three zeros soon ... he made a clear distinction between the two - Shabibi had just been asked at the end of video #2 about revaluation)

6/10/11 ... 66th show ... B says he thinks Iran, Afghanistan, and all the countries in Iraq (?) will be democratized and then will RV their currencies (whatever!) ... somebody asks why Iraq would RV their money to make non-muslims rich ... B says we're ultimately in charge and we're not leaving Iraq (WRONG - US forces left!)   

6/10/11 ... 67th show ... B says he knows it's going to $5 or $6 (8:50 in) (okay Okie) ... says he and his business associates have their own Delarue machine *

6 /14/11 ... 74th show ... B says he used to work for the Dept. of Justice * ... says owning dinar is like having a winning lottery ticket only you have to wait until they tell you when to cash in (one of the most irresponsible statements I've ever heard in this investment) ... says he and Roger were the ones who wrote "Making Sense of the Numbers" (so here he admits a working relationship with Roger - I documented this in "Breitling Busted" but he removed the credits on his blog shortly after I posted it)

6/15/11 ... 77th show ... B says to people who are losing their houses "well lose your house, then after the RV buy another one" ... "let em take the damn house" (don't you think a better response would be "don't look to the RV to save your house because we don't know when the RV will happen, if ever"?)

6/16/11 ... 78th show ... B says a lop doesn't affect all denominations (again, a lop is a redenomination meaning that all of the old paper currency is demonetized and the new currency receives the value)   

6/16/11 ... 79th show ... B says dong will go up around June 30 (it's actually gone down since this video) ... reader asks what would keep Iraq from calling in the HDs at current rate and then doing the RV? .. B says "nothing ... they would just ruin their own country ... they need to put value in the lower denoms, so if you take all the currency that they have and then you take them out at today's rate and you burn them, and then you take those currencies and transfer it to the lower currencies ... yeah, those currencies itself will be worth a lot more, but they haven't gained economically ... they need to reflect what they've economically gained" (can anybody here speak Breitlingese?  this is a great example of double-talk)

6/17/11 .. 81st show ... B says "buy more dinar" (but he's not a pumper?) ... says he knows guys that make $7 million a year on forex * ...

6/18/11 ... 83rd show ... B says he knows people who work at J P Morgan Chase *   

6/19/11 ... Just A Thought Or Two ... B claims that he worked with Southern California Edison in the 80s and 90s in network consulting *   

6/26/11 ... 102nd show ... B says this isn't a one-time lottery ticket ... (in the 74th show he said it's like owning a lottery ticket ... another complete contradiction)  

6/30/11 ... 104th show ... B says "It's here" (okay, exactly where is 'here'?) ... says he knows senators *
THIS IS JUST THROUGH JUNE, FOLKS!  I'VE STILL GOT EIGHT MONTHS TO GO!

7/7/11 ... 111th show ... B says Iraqis live off 2 dinar a day (more like 7020 dinar or $6 a day)

7/8/11 ... 113th show ... Listener says he doesn't see a shortage of larger notes with the dealers ... B says "look harder" (this was six months ago and they still have them)

7/12/11 ... A Special Offer I Set Up For You Guys ... B discusses his Insurance Plan *

10/4/11 ... (this video was reportedly deleted by a hacker shortly after I posted "Breitling Busted") B recommends The Treasury Vault (pretending that he doesn't know Angela Dorman the owner - as I reported in "Breitling Busted" she was listed as a friend on his Facebook page) says he's going to send a listener a copy of the ISX Report (I find it interesting that he has copies of this report to give away if it belongs to somebody else)
10/18/11 ... (this video was deleted too) B repeats that Iraqis are living off 2 dinar a day (I reported this in "Breitling Busted") 

10/24/11 ... Breitling's Afternoon Report ... B says Shabibi said they're going to pull in the larger notes (again, Shabs said no such thing .. he said they're going to delete the three zeros ... pumpers interpreted that as the larger notes)

10/25/11 ... Breitling's Morning Show ... B says he's a real estate consultant *

10/25/11 ... Breitling's Afternoon Report ... B says you have to have 50% inflation to lop (Turkey's inflation rate was about 8% when they lopped) 

10/26/11 ... Breitling's Morning Review ... B says he was a political consultant

10/28/11 ... Breitling's Afternoon Report ... B apologizes for saying Iraqis live off 2 dinar a day (after I pointed out that he was wrong)

11/4/11 ... Breitling's Morning Review ... B says he helps prepare PPMs * ... says mature investors acknowledge all risks up front (yet he won't consider the possibility of a lop and says the dinar is a 100% sure thing)

11/7/11 ... Breitling's Morning Review ... B says that Iraq said they will use the current lower denoms of 50, 250, and 500 along with the new lower denoms of 1, 5, 10, 25, 100 (not true! again, they said they would delete three zeros which historically refers to a lop in which case all current denoms would be demonetized) 

11/8/11 ... Breitling's Morning Report ... B says it's more dangerous to live in the US than in Iraq because we have a higher murder rate and crime rate (wrong!  Iraq's murder rate is #2 in the world behind El Salvador http://worldnews.about.com/od/crime/tp/Top-Murder-Rates-In-The-World.htm  http://murder-rates.findthedata.org/d/d/Iraq)

11/11/11 ...  Breitling's Afternoon Report ... B says YouTube is a great marketing tool (wow!  pretty much admits that he's doing this for marketing)

11/15/11 ... Breitling's Review ... B says you can sell people if you get them saying "yes" over and over (could that be why he's always saying ... right?  right?  right?

11/18/11
... Breitling's Comments ... B says that every time a country issues new currency it's done as a one to one exchange (really?  every time???  Here's a few dozen examples of how wrong Breitling is) calls his critics "internet terrorists" (WTF?  I'm just trying to offer the facts.  If that makes me a terrorist then "ALLAHU AKBAR!")

11/22/11 ... Breitling's Eve Comments ... B introduces "REIC with Gary" (If you go to www.reicwithgary.com it flips over to www.reicglobal.com/game-plan where you listen to a guy named Kris Krohn introduce you to a network marketing real estate plan.  According to this video that plan pays $400 referral fees.  Hmmmm ....)
11/23/11 ... Breitling's Thanksgiving Day Comments ... B says this investment is basically a lock as for making money (another irresponsible statement)

11/28/11  ... Breitling Turkey vs. Iraq Currency .. says lopsters have no business commenting on this investment even if they have a PhD (my god!)

11/29/11 ... Iraq vs. Tukey II ... B says Turkey only got rid of three zeros (it was six zeros) ... says they didn't get rid of one single solitary note (they got rid of them all!  they demonetized the old currency and replaced it) ... says Turkey had zero GDP growth when they lopped in 2005 (try 8.4% http://www.state.gov/r/pa/ei/bgn/3432.htm) and 50% inflation (as I pointed out in the chart above for 6/2/11 inflation leveled off in 2004 and was around 8% in 2005)

12/01/11 - Breitling's Comments 1212011 ... B claims that Bush Sr. set up the Kuwaiti dinar RV (This has been stated by many pumpers but there is ZERO evidence of this - Kuwait replaced the old Kuwaiti dinar with a new dinar at the same rate - there was NO rate change from the central bank, so unless Uncle Sam was buying Kuwaiti dinar on the black market ...) 

1/2/12 ... Breitling's Monday Comments ... B says the US put Saddam in power to keep Iran at bay (Ayatollah Khomeini took over Iran in Dec. 1979 ... Saddam took power in Iraq five months earlier in July 1979 and had already been the de facto leader for years, so he came to power when a US ally Shah Mohammad Reza Pahlavi was in power in Iran)

1/19/12
... Breitling's Thursday Show ... Email asks why they're going to print new 50s if they already have a 50 ... B says they're not going to print a new 50 and that they're only talking about removing the larger notes with three zeros (They're also talking about introducing a new 50 worth 50,000 dinar which would mean they're retiring the current 50 which would suggest a redenomination or lop)

1/23/12 ... Breitling's Comments Monday 1232012 ... B says he doesn't know if the new lower denoms are printed yet (that's not what he said on 6/5/11)   

1/28/12 ... Breitling's Sat Lop Rebuttal ... B says he just bought a race boat worth more than most forex guys make in a year * ... says military officers were buying Kuwaiti dinar at a tenth of a penny (the lowest I have ever read was a nickel .... here B says the Kuwaiti dinar depreciated on the black market to the current value of the IQD ... I'd love to see any evidence of this or the names of any of these officers who supposedly bought Kuwaiti dinar at this rate) ... says countries never reveal the numbers in a revaluation like Iraq is doing (that's true, all the more reason to believe that what Iraq is telling us is that they will redenominate) ... says John Jagerson was wrong in saying that the Iraqi dinar replaced the Kuwati dinar when Saddam invaded in 1990 (Wikipedia says otherwise, and so does Phoenix who is hardly a lopper)

1/31/12 ... Breitling's Wed Show 212012 ... B repeats that he knows politicians *

2/12/12 ... Breitling's Second Marketing Audio ... B talks about the importance of getting email addresses ... says give them something for free (could explain why he offers to answer questions for free if people email him)

2/16/12 - Breitling's Friday Comments - B says they're not increasing 100,000% but going back to where they were (11 minutes in)  ... talks about reverse engineering  (This is pure doublespeak.  Only in Breitling's world is a revaluation not an increase. What about Turkey, Romania, Brazil, Russia, Zimbabwe, and all the other countries who lopped over the past 20 years after suffering hyperinflation?  They wanted their currencies to get back to where they were too.  Why didn't they just "reverse engineer"?  Because you can't, that's why!  No more than you can unscramble an egg.)... says people who believe that Iraq will lop are scammers (Huh?  How can they be scammers?  A scam is when you sell something that's worthless, B.  Not when you offer facts to debunk pumper BS)

*************************  


Breitling's Blog *

7/14/11  "All, For a while now, I’ve been looking for a company I felt matched my same vision and effort to help not only educate, but also provide clients with the ability to obtain the various denominations, including the lower denominations. Well, I think I’ve found them!

The Currency Vault, found at http://www.treasuryvault.com/ has recently introduced a promotion wherein they are temporarily giving away 500 Dinar notes with orders of 250K or larger. The specifics of that deal don’t really matter because I’ve been able to work a deal for all who follow me who wish to capitalize on it. I wanted to do something nice for all of you, and here it is if you are in the market, and are planning on acquiring more Dinar. I suspect with what I know about what they are doing in the future that this may be just the beginning of such cool promotions I’ll be able to get them to do for each of you.

Here are the details of my “Breitling’s Insurance” deal:
· Minimum Order to Qualify: 250,000 Dinar
· Discount: You get a $10 discount when you order and mention “Breitling’s Insurance” · Lower Denomination: One (1) 500 Dinar Note
Here are the instructions you need to follow to ensure you get this deal:
1. You need to go to http://www.treasuryvault.com// to place your order. It’s pretty straight-forward, but if you get lost, you can always call them at ###-###-####.
2. In order to get this deal, when entering your name you need to type the following within the same section you type your last name: (Breitling’s Insurance). Here’s an example so you don’t get confused:

First Name: John
Last Name: Doe (Breitling’s Insurance) 

So, just to summarize, I’ve set up a way whereby anyone who reads my stuff and wishes to purchase more Dinar can get all the following: · A $10 off discount · One (1) 500 Dinar Note That’s my take! I’ve set it up to help ensure people can be exposed to the lower denominations, and to help you save a little money if you were already going to purchase Dinar.  Just use my name and it’s all yours. If you don’t do it the way I instructed above, you won’t be able to get the deal.

Best wishes,
Breitling  

http://breitlingcurrency.blogspot.com/2011_07_14_archive.html

Okay, now for my comments.  First, Breitling insists that he has never received any money from Roger "Dinar Daddy" Dorman or any other dinar dealer, and yet in this promotion he instructs his readers to enter his name in the order to receive the $10 discount.  Do you suppose Roger just gives Tony a pat on the back every time he sees "Breitling" in the purchase order, or do you think maybe there's some compensation (monetary or otherwise) involved here?  And second, if you've read much of what Tony has written on dinar forums you know that he can't write worth a damn.  If you've read what Roger has written you know that he's much more literate.  This promotion looks much more like something Roger would have written in my opinion.  In fact, it sounds a lot like the announcement Roger made when he "accepted" a position with The Treasury Vault, which as it turns out is owned by his wife but that's another story.       

All,
I am posting this as an announcement to something that was decided upon recently between myself and Treasury Vault.  In the advent of their recent name change, and due to their desire to expand their company into additional markets beyond currencies, and specifically beyond the Dinar, they have given me an offer to be part of their team and I have chosen to accept this new challenge that will take me away from thinking about the Dinar 24×7.

And third, Breitling insists that his promotion of lower denoms is strictly based in strategy, but it appears that there's more than RV strategy involved here. In summary, Mr. B's "intel" has consistently flopped, he has at times made statements that bring his motivation into question, and he has made numerous statements about the dinar that are easily disproven.  I don't know much, but I know that a lop affects all denominations.  I know that George W. Bush and Dick Cheney didn't set up the petrodollar.  I know that new currency isn't needed for a revaluation.  Sure, we all make mistakes from time to time, but when you are presenting yourself as an authority on something don't you think you should make every effort to verify and double check what you say before you put it out there for worldwide consumption?  I know I certainly do that.  I guess he assumed that nobody would take the time to catalog what he says and call him on it, and up until now I suppose he was right.  But those days are gone, mein freund.  


* Breitling has claimed to be a private pilot, a banker, and a professional investor who knows people at J.P. Morgan Chase and Citigroup, guys who make $7 million a year on Forex, and people in the military who made a fortune on the Kuwaiti dinar.  He claims that he has worked as a corporate recruiter, a video game developer, an investigator for the Justice Department, a political consultant, a real estate consultant, and a network consultant who worked with people at Southern California Edison  Additionally he says that he has been involved in manufacturing in China, in writing PPMs (Private Placement Memorandums for raising venture capital), and in developing dental equipment for Latin America.  B also says that he and his business associates have their own Delarue machine, that he has had cars like a Lamborghini., and that he just bought a race boat that he never even takes out.  He also claims that he has contacts in the IMF, the UN, and the US Senate.  I can't say that these claims aren't true, but in listening to these videos you'll hear B pronounce Ernst & Young "Ernest & Young", libelous as "liabus", escape as "excape", oriented as "orientated", incentive as "incenitive", and recognize as "recunize".  I've been investing for many years and I've never met an experienced  investor who doesn't know how to pronounce "Ernst & Young" or "libelous".  I've also been around a lot of techies and I've never heard one of them say "Silicone Valley" instead of "Silicon Valley".  I'm not trying to be cruel here, but a man's communication skills are usually indicative of his level of education and the company that he keeps in his professional life.  Just putting all of this out there for consideration.  If after reviewing the material I've presented here you still deem him credible that's fine with me.


         



Tuesday, February 21, 2012

An Interview with keepmwlknfny

One of the more interesting characters I've come across in this investment is a guy who posts at a couple of dinar sites under the name keepmwlknfny.  He's a mechanic and aspiring currency researcher.  His views on this investment have evolved over the past couple of years and I thought it would be good to have him share his experiences and views with the dinar community.  He's quite busy these days with his job and a baby on the way, so it took a while for us to get together on this but I want to express my appreciation for his time.


Sam: Could you give the readers a little background on yourself?

Keepmwlknfny: I was born and raised in North Carolina, and spent a lot of time up north in Michigan when I was younger because we still had a bunch of family still living up there. I moved out to Phoenix about 4 years ago, went to school out there and then moved to Atlanta for about 6-7 months. I am now currently back in good ol North Carolina.

Sam: Tell us about your work.

KeepmwlknfnyI currently work for one of the premier German auto manufacturers as a technician. Been working on cars for about 8 years now, on all brands, makes and models but recently went specific to just BMW because I needed a bigger challenge. I took some small air cooled engines classes in highschool and thats what really grabbed my interest in motors, how they work, how they are put together, and of course it lead to cars. Started right after highschool, got my foot in the door just doing basic maintenance, moved to a full repair shop, and eventually went to school for it, got my associates and then luckily because of my abilities, was accepted into some manufacturer specific training with BMW. Its really turned into a hobby of sorts....I really get a kick out of troubleshooting problems and finding a way to make things work. I guess it shows by the way I dissect this investment and all the information that comes across my eyes lol....Just like cars, there is an answer for everything and reasons why something is done or why something happens....you just have to dig far enough to find it!!  I do have to say I get a kick out of hearing ignorant comments about what someone does for a living and how because of that, they assume that you cant be knowledgeable in any other areas or topics. You can learn and teach yourself anything you want if you have the drive and desire for it.....it really is that simple.


Sam: How did you come up with your unique name?

Keepmwlknfny: My name huh? LOL Everyone always asks how I came up with it....let me just start off by saying I came up with it YEARS ago when I thought I was a little pimp with the ladies lol. It was actually kind of random cause I came up with it when using clan names and such for video games. But its so unique and hardly thought of as a handle, that its never taken and always works!  Some might think its "inappropriate" and "immature" but whatever.....its funny....and if you cant laugh at that, then you really need to loosen up....life is too short to be so damn serious all the time!!! 


Sam: How did you find out about the dinar?

Keepmwlknfny I actually found out about the dinar from a friend I met while attending school out in Phoenix. He told me he had invested in some currency, that it was way undervalued (1170 to 1 USD) and that it had big potential to move up to being equal to the USD. He seemed pretty confident that it was worth the low buy in prices just to get a hold of some. Of course at first it seemed too good to be true (as a lot of things are) but it also sounded legit. He gave me a quick rundown of where he got his and some info about what the currency used to be valued at before sanctions were placed on them, restricting their ability to trade. I didnt know much about how currency exchange worked and how to profit on it so of course when I went home I immediately got online to see what this was all about.


Sam
: How long ago was that?

Keepmwlknfny: This happened about December of 09


Sam
: What convinced you at first that this would be a good investment?

Keepmwlknfny: I checked out the website my buddy used to purchase the dinar (DT) and from checking their BBB record and just seeing the UST seal on their site first set my mind a little at ease thinking that this was at least a legitimate business selling this currency. Read some of the history of the dinar on that site, and went a little further and double checked the history of the dinar through other references online. And after reading about the amounts of oil that Iraq sits on, along with already having the thought in my head that the whole Iraqi war was about controlling their oil and the money that comes along with it, I figured there has to be something good going on here and that the US has too much invested in this country to let it fail. Couple that along with the fact that of course my buddy told me that it should be revaluing soon (at this time it was because the govt was having their elections soon, and he threw in the statement that a high percentage of countries revalue their currency weeks after elections) so that was enough to make me want to hurry up and put my order in to get me a nice chunk of dinar asap!


Sam
: Can you tell us about your experience with intel?

Keepmwlknfny
:
My experience with intel? Hahaha well to be honest at first when reading dinar forums, I mostly just visited DD. I would read the chats and posts and from the way that SOME were speaking, it seemed like they really had this down to a science. That they had legitimate people "in the know" and at the time it really didnt seem like that was out of the realm of possibilities. Being new to the dinar forums I was of course excited about my decision to buy dinar, and hearing this kind of stuff would just keep me pumped that this was going down and it was always "soon".  Of course after awhile of hearing the same thing over and over, getting all kinds of rumors about high rates and dates and the famous bank stories, it started to get pretty obvious that there was no real "intel". Just people speculating based off what we see in the news and then some it seemed like to just keep an audience by telling stories about what they hear from "higher ups" and saying whatever sounded good and what we all just wanted to hear.  It basically boils down to no one knows when or if this will happen no matter how good their "intel" may be.


Sam
: What changed your mind about the RV and how do you see this playing out now?

Keepmwlknfny: For the most part my mind hasn't changed about the RV in the sense that the dinar will rise in value. Since day one I couldnt see how the dinar could not go anywhere but up and I still believe that with no doubt in my mind. The only thing that has changed in my mind is HOW they can go about accomplishing this goal. When I first got into this I was of course so hyped about it happening that I was only focusing on the good things happening in Iraq. Things that would support or that could lead to a higher valued dinar. I was fortunate enough to meet one of the most intelligent people involved in this investment....Scooter. I do have much respect for that guy and he shared with me and taught me  A LOT about the things going on in Iraq, with the IMF,CBI and World Bank. The guy is a endless source of information!! And can go toe to toe on pitchers at the bar!! (Scooter if your reading this, get your arse out east here and we will go play some pool!) There was a point near the end of 2010 when I thought this was a done deal.....I was just hearing so many of the same things from different places that were not connected it felt like it was in the bag for sure. Months went by and nothing happened and it really made me step back for a moment and rethink through everything...almost going back to the basics and coming at this from another angle. Wondering why it didnt and what could keep it from moving forward. I started trying to verify all the things we were meant to believe and realized that a lot of what we took for fact, had no substantial evidence supporting it and I actually wanted to learn more about where some people kept coming from about the whole "deleting the zeros" issue and what they could actually mean for us. It became clear that this wasn't a slam dunk and that Iraq had options as to how they could raise the value of the dinar....that there wasnt only one way to end up with a stronger dinar.

Because of this, people assumed that I now only saw negative things in everything that came across the forums and that I had converted to being a "lopster"...when in fact all I did was basically remove all emotion from this investment and tried to see both sides of the story as if I didnt even own dinar. I think that it just opened my mind up to other possibilities but of course no one wanted to talk about it, and the ones that did would just wanna argue with me about how it was impossible for Iraq to do anything but straight up RV even though they didnt even understand the topic in its entirety. Im still pro RV...always have been and always will....its ignorant to think that anyone that holds dinar is against making tons of money off it. With that said, I do now try to pick apart any and all information that comes across these forums because I feel like if I can punch holes in it and find flaws, then to me its not legitimate. If I cant really do that then the information is probably more solid and something we can go off of. I have become more realistic in my thinking, staying grounded about everything but that nowadays seems to be classified as being negative. I do see the dinar rising in value....hell I feel with the recent changes (although it was small) with the CBIs exchange rate, moving from 1170 to 1166 that something could be going on here. The rate has been locked for 3 years and although I didnt verify it, someone had expressed the thought that it changed ALMOST 3 years to the day that the program rate was set. Couple that with the fact of them talking about raising the rate to an even 1000 and it seems we are heading in the right direction. But this is exactly what we should expect....small gradual changes in value over time as to not upset the balances of inflation/deflation. Its the most stable way to do it. As the GDP grows and the international reserves grow as well, they could very well keep moving up the exchange rate. The currency in circulation is the only thing in my mind that needs to be dealt with somehow and in a big way. Could they be only showing us what they want to show us? Its possible.....no evidence suggesting thats impossible. There are many variables that COULD come into play....I would love to find out that there is no where near 25+ trillion dinar outside its banks. The question still remains if Iraq will still almost be required to back the value of their currency 100% through its reserves. Even countries that move into Article VIII I believe it is, with the IMF, still rely heavily on its reserves to back the value of their currency. I dont think Iraq pulling off a RV is impossible...and I dont think that their only option is to lop.....thats why Im still invested because we cant be sure either way yet. But regardless of which path they choose to go RV or lop, the end result would be a stronger valued dinar. 

If the CBI is telling us the truth on their intentions to redenominate by deleting the zeros, then we cant say they didnt warn us. All the information we can find, actually backs what they are saying about lopping and why. More so then the evidence or lack there of, of the CBI purposely lying and that its all "smoke and mirrors".  But then again they very well could be putting on a front to keep speculation at bay. I like the fact that Maliki and some of the other parts of the govt have come out and said they are against this plan. I think he is our man in this....corruption and greed make money....not playing by the rules. And as long as they are showing opposition to deleting the zeros, dragging this on longer and longer, the better chances we have of them pushing this plan to the side, voting it down, and possibly sending Shabs back to the drawing board to find another way to raise the value. It can be done....they could sell a ton more bonds and such to try and bring the physical currency numbers down and they could use the auctions to bring them in and remove them, but it seems they arent using it for that purpose. Id say we just need to see what the next couple months brings us....see if they move the exchange rate some more and keep our eyes on any information that might lead to a change in the currency code for the planned new currency. If the exchange rate keeps moving, then great! But if they announce a new currency code for the NEW dinar, we might not like the outcome.


Sam
: What advice do you have for new investors or people who are considering buying more dinar?

Keepmwlknfny: I only have a few words of advice. First off dont spend anything more then you can safely afford to lose (I know I know everyone knows this already lol) Dont expect this and dont rely on this to save any financial troubles or hardships you may have because its possible it wont happen. If things are really that bad as I have experienced through other people, (and my self at times) then you need to get proactive about your situation because you CAN do something about it....only YOU can clear any hurdles you may face!    Secondly, take EVERYTHING you read with a grain of salt, not everything is what its made out to be....take what you hear and read and try to verify that information outside of these dinar forums.....you just might be surprised at what you learn!!

2/22/12  UPDATE!!!  Keepmwlknfny is a proud new dad to a healthy 7 lb. 9 oz. baby girl born at 10:04 this morning.  Congrats to all! 

Sunday, February 19, 2012

The Douchie for Feb. 12-18

Well another week has come and gone with guru intel proving worthless once again.  Bulldog75 was still in full DB mode with this statement ... "THESE ARE THE [RATE] RANGES. LOW IS 3-4; MID IS 5-7; HIGH IS 8-11. IQD IS EXPECTED TO COME IN HIGH."  Currently the world's most valuable currency is the Kuwaiti dinar around $3.60, so if the IQD were to RV at $3-4 Bullcrap says that will be low.  In reality an RV of even $1 is unrealistic, which makes his statement even more idiotic.


Jonnywg was in rare form with this excellent example of doubletalk ... "last night was a bench mark night for the rv...we were told that in no uncertain terms the imf and bis have released to the ust for the final release...while it is agreed that the process is like watching hair dry...it is in process...as it comes to the finish at ust the release must fall within certain parameters...if it does not it gets reloaded with a different variable and is processed again and again until it is correct...we are in this final stage...we wait as always but it will be worth it...no time frame can be given."  Final release?  Parameters?  Variables?  Smells like male bovine excrement to me.

Kaperoni chipped in with this gem on Wednesday. "Does anyone know how much the US portion of the Iraqi war cost? Over 800 billion USD. Will a LOP or Re-denomination pay that"  Who says that the war cost has to be paid for with Iraq's currency?  As I have stated many times, nobody has ever been able to provide any evidence that there was any requirement for Iraq to cover the cost of the war.

But this week's Douchie has to go to Cap1 for these posts on Friday.

"OKIE WAS CORRECT, I WAS CORRECT, AND JONNYWG WAS CORRECT WHEN WE CONFIRMED THAT THE RV DID TAKE PLACE IN IRAQ DAYS AGO. NOW, RVING ON PAPER AND EXECUTING THE COMPLETE PLAN FOR ON THE STREET DISTRIBUTION ARE TWO DIFFERENT THINGS. HOWEVER, AS I STATED EARLIER  IMULTIPLE CONFIRMATIONS THAT THE LOWER DENOMS ARE OUT HAVE BEEN ISSUED. IT CAN GO LIVE AT ANYTIME.  NO MORE MEETNGS, NO MORE BUDGETS, NO MORE NOTHING."

.... followed by ...

"BIS AND IMF ARE TOTALLY FINISHED WITH THE DEAL. UST IS BEING USED TO COMPLETE THE EXECUTION TO NOT ONLY HAVING THE RATES GO LIVE AT OUR BANKS BUT ALSO GLOBALLY AS WELL.  WE'RE NOT TALKING DAYS, ONLY HOURS. IT'S CYCLNG THROUGH AS WE SPEAK.  THE BANKS WILL "RECEIVE" THE UPDATED RATES INSTANTLY WHEN THE SYSTEM COMPLETES ITS CYCLE.   LOOKING ACTUALLY VERY GOOD FOR SOMETHING TO HAPPEN TODAY."

First of all, Okie and Jonnywg have never been right about anything, and they weren't right this time around either.  Then there's this nonsense about confirmations that lower denoms have been issued.  The best confirmation would be to actually show them being used.  A photo would be nice.  Can't find a source with a cell phone dude?  Then he says "we're not talking days, only hours".  Well that was 2 days ago amigo.  Time's up!  You're a douche!

Sunday, February 12, 2012

This Week's Douchebags

Last week's Douchie went to the tag team of Okie and Bulldog75 for comparing their intel to the resurrection of Jesus.  That was pretty outrageous huh?  Well they followed it up on Tuesday of this week with the claim that the NSA has issued a gag order on them. 

02/07/2012
 
_Bulldog75:
5:55PM CST: THE PREVIOUS INFO WE HAVE GIVEN IS UP TO DATE AND ACCURATE FROM OUR RESEARCH & SOURCES, IMHO. 6PM CST: OKIE & BULLDOG75 REPORT: THE NATIONAL SECURITY ADMINISTRATION (NSA) HAS ASKED US TO CEASE POSTING UNTIL THIS EVENT IS OVER. WE ARE HONORING THEIR REQUEST. WE WILL CONTINUE POSTING LATER UPON THE "ACTIVATION OF THE RV". WE WILL BE HERE TO ANNOUNCE AND CELEBRATE THE "ACTIVATION" WITH YOU UPON IT'S OCCURRENCE. WE WILL BE HERE FOR PRAYER PARTICIPATION. THANKS FOR YOUR SUPPORT AND UNDERSTANDING.

http://www.dinarrecaps.com/1/category/okie/1.html


Well of course the event isn't over yet, but somehow they already feel at liberty to post their intel again because they posted again on Thursday and Sunday.  I think most people can easily recognize what utter tripe this is.  If the NSA tells you to clam up you don't tell everybody that they told you to clam up.  You just clam up.  In fact, you probably wouldn't even get a warning.  You'll probably just have your internet services suspended and get a friendly visit from men in black.

So for posting this NSA story Okie and Bulldog75 have managed to win back to back Douchies.  Quite an accomplishment, guys.  Congrats!

Saturday, February 4, 2012

A Super Bowl Douchie

Well the Douchie machine is up and running again, and this week's nominees were excellent representations of douchebaggery.  First we had Fresh and WangDang from People Invested  on Sunday basically saying that Erbil is done and the RV is imminent.  Then we had Jonnywg (as usual) with his UST lockdown nonsense.  Then Footforward stepped up with this little gem .... "Keep in mind, Kuwait took 10 days to show once they RV’d".  As we all know Kuwait never RV'd.  They replaced their old dinar with a new currency at the same rate. 

But a couple of douchebags set themselves apart from the rest with these posts:

Bulldog75 - "YOUR REDEMPTION DRAWETH NIGH: “And when these things begin to come to pass, then look up, and lift up your heads; for your redemption draweth nigh” (Luke 21:28). FOR THIS IS SO; OUR TIME HAS COME AND IS VERY VERY NEAR. WATCH FOR THE BANK RATES BUT DO NOT CALL THEM. OUR TIME IS NIGH."  Somehow I don't think Jesus was talking about lifting up your head so you could see the new IQD rate, but that's just me.

Next there was Okie Oilman.  Okie got a tongue lashing from Frank26 a few months ago for dishing out bad intel (which is kind of like a frog calling a fish ugly) and went into a self-imposed exile of sorts.  But the old roughneck came back fast and furious this week with the following exchange with Bulldog on Thursday:

OKIEOILMAN: SOURCES REPORTING THE RATE SHOULD SHOW UP APPROXIMATELY AFTER BANKING HOURS IN HAWAII

Bulldog75: LEXIE PLEASE POST. TY.

OKIEOILMAN: IT WAS STATED THAT WALL STREET TRADERS ARE NOW AWARE OF THE R/V IN 195 COUNTRIES

Bulldog75: YOU WILL BE VERY VERY HAPPY WITH THE RATE!!!!!!!

OKIEOILMAN: BULLDOG--DON'T DISCLOSE THE RATE-----PEOPLE WILL FALL OVER DEAD

Bulldog75: PROB CASH IN PROJECTION STILL ON TARGET FOR FRIDAY/SATURDAY SOMETIME.

Bulldog75: OKIE: THEY WILL NOT BELIEVE THEIR EYES UNTIL COLD WATER IS SPLASHED ON THE FACE. !!!!!!!!

OKIEOILMAN: TO THOSE WHO HAVE HEARD ABOUT THE WHALES CASHING IN AT A HIGHER RATE--------IS PURE HORSE BISCUITS---WE ALL GET THE SAME RATE

Bulldog75: AND DATE!!!!!!

OKIEOILMAN: THE ONLY RATE DIFFERENTIAL WILL BE IN IRAQ ONLY AND HAS NOTHING TO DO WITH US

OKIEOILMAN: BITA--READ ABOVE BULLDOG POST REGARDING DINAR BANKER

OKIEOILMAN: NO FLOAT--HARD PEGGED RATE

Bulldog75: THIS IS A PEGGED PIGGY BANK!

OKIEOILMAN: IT IS A FAT PIGGY BANK BULLDOG

Bulldog75: THIS PIGGY IS GOING TO MARKET!!!!!!

lexie: </IMG>Bulldog75: NOTICE : AS OF RIGHT NOW 3:45PM CST : DINARBANKER.COM IS NO LONGER ACCEPTING ORDERS. THAT ADDS ADDITIONAL INFO TO A PROB RV LATER TODAY IN USA.

OKIEOILMAN: SO------GO BUY SOME AND THEN READ THE DISCLAIMER ON THE SELLERS SITES

Bulldog75: THE INTERNET OF DINAR BANKER WILL NOT PROCESS THE ORDER. MAYBE IT WAS DOWN. PLEASE MONITOR THAT AND REPORT FOR US. TYVM.

OKIEOILMAN: WHAT THE HECK ARE YOU ALL CONCERNED ABOUT??----IS GREED SETTING IN???

OKIEOILMAN: I STATED LAST NIGHT ABOUT THE R/V AND TODAY AM REPORTING THE TIME---WHAT ELSE DO YOU WANT TO KNOW>---WHETHER I WEAR BRIEFS OR BOXERS>>---WHY ARE YOU NEVER SATISIFIED???

OKIEOILMAN: I WILL STATE FOR THE 2ND TIME IN 3 MINUTES-------HARD PEG----NO FLOAT

Bulldog75: I AM TEFLON COATED. THIS PIGGY GOES TO THE HARD PEGGY BANK NO FLOAT SCHOOL.

OKIEOILMAN: THIS IS LIKE EXPLANING THE THEORY OF RELATIVITY TO A GRAPEFRUIT TO SOME PEOPLE

Bulldog75: ALL THE DATA AND INFO IS FORTHCOMING. WE HAVE NO NEED FOR DETAILS BUT WE KNOW CURIOSITY SETS IN.

Bulldog75: THE ONLY ONES KNOWING MY SOURCES ARE THE DOG AND CAT WHO OVERHEAR EVERYTHING. THEY ARE VERY EDUCATED THOUGH.

wirelessguy to Bulldog75: Do the dog and cat laugh at your jokes and try to get your riddles?

Bulldog75: WIRE ANSWER: THEY ACT LIKE THEY DON'T CARE. PROB BEST.

OKIEOILMAN: I WAS ASKED HOW I FELT----DISGUSTED BY SOME OF THE NEGATIVE NELLIES ON THIS SITE---THERE THE ONES THAT WOULD HAVE TO FEEL THE NAIL SCARS IN JESUS'S HANDS


This analogy might have had some merit if Jesus' disciples had reported seeing their resurrected saviour every week for a year or two.  Comparing the revaluation of the dinar to the resurrection earns Bulldog75 and Okie a joint Super Bowl Douchie, virtually assuring them entrance into the Douchebag Hall of Fame.  Do us all a favor, Smokie.  Go back into hibernation and take Bullcrap with you.