I always enjoy going through the absurd commentary on the dinar, so if you will indulge me this week I'm going to plow through a number of things before I get to granting this week's Douchie.
3-21-2012 Bear5642 IRAQ IS ON THE MOVE AND THE HEAT HAS BEEN APPLIED AND WE WILL SEE THIS COME TO PASS. I CAN ASSURE YOU WE ARE REAL CLOSE NOW, SOME THINGS HAVE HAPPENED...AND WE WILL SEE AN RV. MY GUY...FROM IRAQ...RECEIVED WORD THAT HE WILL HAVE THE...LD’S...IN A MATTER OF A FEW DAYS...CERTAIN POWERS STEPPED IN AND THE PIECES ARE IN POSITION -“CHECKMATE".
Really? Do you recall saying this in Sept. 2011?
9-13-2011 Bear5642 - I HAVE A CLASSIFIED DOCUMENT…AND I HAVE INFORMATION IN THIS DOCUMENT THAT EXPLAINS IN ITS ENTIRITY THE WORLD GLOBAL CURRENCY RESTRUCTURE ABOUT TO TAKE PLACE AND LET ME SAY THIS IT ACTUALLY HAS DEADLINE FOR THIS TO HAPPEN: SEPTEMBER 15TH 2011
Excuse me for saying that your guy don't know Jack. You've been spewing this crapola for the better part of a year now, Bear.
3-21-2012 FreewayBill Right now we are in that "holding pattern" waiting to land. The time is nigh and we will see this very soon. Keep the faith as we should not see another weekend without a pocketfull of money.
Well the weekend is here and my pockets aren't any fuller than last weekend.
3-21-2012 Jonnywg another quality intel day...from our sources, all have signed off but there is still a paper issue that is unknown...it looks like all is in the process of being resolved today/tonight...rates are all over the place but stay grounded at $4 usd and anything more is a blessing...i am still very positive re a release very soon.
I can think of a lot of words to describe your intel, but "quality" isn't one of them. You haven't been right about anything yet, hombre. An unknown paper issue? Really? LOL
3-21-2012 Blaino we believe there will be a press release world wide in the morning of the announcement of the new leaders of Iraq...we know that Maliki signed off on everything...all is done over there... if it goes like we think we're here...we're over with...shabibi has the reigns to pull the trigger now...he has up until sunday...we dont think he'll wait till sunday...we think we'll hear tomorrow.
No press release on Thursday. No RV on Thursday, Friday, or Saturday.
3-21-2012 Poppy3 All information recieved today has been great. Should be able to cash out almost anywhere by wed of next week.
Sure, you can cash out next week at the current rate. If you can find a buyer, that is.
3-21-2012 DinarWishes I was totaly expecting this to show last night and I guess they couldn't make it happen...But, I am hearing some really good things and that this should happen any time...Remember I said Tuesday thru Thursday and Im still sticking by that statement...I feel the end is Very close at hand.
Well here it is Sunday and no RV. Thanks for playing.
3-22-2012 Bulldog75 THIS HAS NOTHING TO DO WITH SUMMIT. RV SHOULD HAVE HAPPENED LAST WEEK AND PRIOR. THIS IS ABOUT: MONEY, OIL, POWER, POLITICS AND NOW TIMING. RATES CAN BE CHANGED IN THE LAST MINUTE IN THE COMPUTER SYSTEM PRIOR TO RATE POST. MATHEMATICALLY THE RATE COULD BE SOMEWHERE PROBABLY REALISTICALLY BETWEEN $4-14. BASED ON SOURCES AND DATA WE HAVE RECEIVED IT APPEARS PROBABILITY NEAR THE $14. BANKS ARE ON HIGH ALERT. THIS IS THE HIGHEST PROBABILITY FACTOR THAT WE HAVE EVER SEEN. HOUR TO HOUR; MINUTE TO MINUTE. WE ARE THAT CLOSE IMHO.
So you're calling $4-14 realistic? Mathematically? LOL! How about a tenth of a penny? I think that's realistic! And I can do that math for you if you want.
3-22-2012 Hammerman there are no no no NO NO NO NO NNNNNNOOOOOO delays...only thing delayed was the press release...i'll start looking late this after noon...cant share any more...and no i did not call it for this after noon...i stated ill start looking...its all good, my ears are burning and im smiling.
Maybe you should have added another NO!
3-22-2012 FreewayBill The intel the past week has been better and better each day.
That reminds me of a line from a song in Damn Yankees. "We gotta get better 'cause we can't get worse".
3-23-2012 Cap1 GREAT DAY FOR AN RV!! THE RATE IS STILL NOT LIVE ON THE TELLER SCREENS...YET. BUT IT'S COMING. THINGS HAPPENED YESTERDAY THAT MADE THIS A "NO TURNING BACK" ISSUE NOW AND MAJOR THINGS HAPPENED THIS MORNING THAT MADE IT A DEFINITE "NO TURNING BACK" ISSUE. IT WAS A MAJOR DEAL AND IT'S ALL GOOD FOR US. DON'T HAVE A TIME FRAME, BUT WE WILL WAIT. I KNOW THAT SOME OF MY FRIENDS ARE ALREADY POSITIONED AT BANKS. IT CAN RV AT ANYTIME.
I hope your friends are well stocked and comfy. They could be there awhile.
3-23-2012 Blaino There has been a change...involving Kuwait...it will delay us a short time. So, no doubt there will be no activity tonight. Tomorrow comes! The newly decided drop dead day is Sunday... so I think they'll hit it early if for no reason but to confound us!
Have you ever actually looked up the definition of "drop dead date"? From Wikipedia: "In trade and contract law, a drop dead date is a provision added to a legal or trade act, such as a contract or a court order. Such a provision sets a last-delay date (hence the name drop dead date) past which certain consequences will automatically follow, such as cancelling the contract, taking property or entering a judgment." If you keep issuing a new date you can't consider the original date a drop dead date.
3-23-2012 Cap1 I HEARD IT WON'T MAKE IT TO MONDAY. BUTTON'S BEEN PUSHED. IT WAS PUSHED AT 4 PM CST YESTERDAY MATTER OF FACT, I HAVE FRIENDS POSITIONED TO CASH IN IN THE MORNING. BANKS NEVER SLEEP. WE HAVE EYES WATCHING THE SCREENS.
Well maybe the banks don't sleep but your friends will have to eventually. Hope they've got a cheap hotel room near their bank.
3-24-2012 FreewayBill a country cannot host a Summit with worthless currency. Why do you think everything just seemed to come together this weekend? What a better way to kick off the Summit but by RVing your currency to show off the most valuable currency in the world???? I believe we will arrive at our destination within hours from now...Bank on Monday.
Japan hosted the 26th G8 summit with a currency valued at a penny. Vietnam hosted the 16th ASEAN Summit held in Ha Noi,Vietnam 9 April 2010. What was their currency worth? Nice try!
Yeah, it was a fun week. The anticipation of something happening prior to the Arab Summit this week really put the douchebaggery in high gear. But what stood out to me was the conference call I posted on earlier in the week when the IQD Team tried desperately to spin what their Arab interpreter Tariq said about the redeonomination. When he insisted that a 25K IQD note would be exchanged for one (1) new 25 dinar note after the RV (otherwise they wouldn't really be accomplishing anything as far as reducing the money supply) these guys started doing economic contortions and slight of hand to make it appear that Iraq is actually announcing to the world that they will increase the value of their currency by 1000 times and make dinar speculators millionaires. Then Mike "explained" the lop to Tariq by offering a completely inaccurate account of what happened with Turkey's lop, saying that they had 15 zeros and removed 6 of them without increasing the value. In fact they had six zeros and removed them all, raising the value of their currency (and reducing their money supply) by a million times in the process.
Mike also said the concern about the lop is that "it sounded to them like they were gonna turn in a 25 note that had $21 worth of value for a note that had fifty cents worth of value". HUH? First of all there is no 25 note to turn in. The note worth about $21.50 is the 25K, and it will be turned in for a new 25 note also worth $21.50. No loss of value. No net change. No "devaluation". Just a textbook case of a redenomination to ease cash transactions. The concern (justifiable I might add) is that the dinar that investors bought is going to be replaced by a new dinar with no net increase in value rather than an increase of 100,000% as the gurus have been telling us for years now. Tariq had it right. You guys had it wrong. So congrats to the IQD Team on their first Douchie. It was well-deserved.
By the way, I went on record January 19 saying: "Let me make a prediction right now. I will stake my reputation on the fact that the value of the IQD will remain relatively unchanged as of April 1, 2012. It might go up a few % but nothing more. Like I said, 30% at the most." Since I stated that the IQD has moved up 4 pips to 1166 - an increase of a whopping .34%. A week from now I believe my prediction will hold up. Any of you gurus wanna put some money on it?