Well for those of you who heard the IQD Team conference call with Tariq on Sunday there was a follow up call where the lop was explained to Tariq. If Tariq wasn't confused before I'm sure he was thoroughly confused after this exercise in doubletalk. Listen and judge for yourself.
https://www.freeconferencecallhd.com/playback.html?n=-17-65-67-17-65-671355790-17-65-67-17-65-67103-17-65-67-17-65-6721-17-65-677-17-65-67;0NjM4MTQ3ODQ=1
I have extended an invitation to Tariq to share his views on this issue here at DDB, free from any coercion or coaxing. We await his response.
Addressing the hype surrounding the Iraqi dinar to prevent more people from being misled about this investment.
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Agreed....rather lame attempt at anything!
ReplyDeleteTurkey… 15 zeros, cut 6, no revaluation, devalued currency. Does this man live on planet earth???
ReplyDeleteIn December of 2004 the Turkish Lira was valued at approximately .00000073
In Jan of 2005 a NEW Turkish Lira was issued with a rate of approximately .75
1,000,000 old Lira equaled 1 new Lira.
Where does he get 15 zeros?
The new currency was worth 1 million times the old currency. Sounds like a new value to me. There certainly was no devaluation.
I think Mike with the IQD Team is a graduate of the Breitling school of economics. I knew that you guys were smart enough to pick up on his misstatement of facts and misunderstanding of what a lop is.
ReplyDeleteI can't wait to see what the excuses will be when the summit comes and goes with no new changes on the dinar.
ReplyDeleteThere are only two possibilities: 1) They're stupid and don't have even a basic understanding of simple math and economics; or 2) they're criminals, and hoping that a majority of their listeners/readers are sufficiently naive and desperate to believe their BS. My bet would be on the latter.
ReplyDeleteI would agree, Legolas. Presumably, it's both, with heavy emphasis on the later. Very few "investors" practice due diligence. Even with news, one must examine what each aggregate's spin is. As I've said before, as it relates to the Dinar and it's investors, as well as those supplying the "info", people would much rather be affirmed than informed.
DeleteI cannot fathom the amount of willful ignorance among these people. Certified Financial Planners, bankers, several government agencies in the US, the CBI itself all say "not gonna happen" and that is either "they don't know what they're talking about" or "it's smoke and mirrors to keep the little guy from figuring it out" but let someone who won't give their real name and has been wrong for 8 years running say it, and it's absolute gospel.
DeleteThe funniest ones are the guys at Dinar Vets, who think they're so much smarter than everyone else. Got news for you kids, the big difference between Oakie and Adam Montana is one has many more subtle ways to get you to send him money. The difference between outright saying "it's already RV'd @ $14" and "I expect it to come in low, under a dollar, soon" is one is so ridiculous you have to laugh, and one is only so ridiculous as to look sane in comparison, and thus get you to buy the book, join the VIP etc.... Without Oakie the "realistic ones" would be so silly as to be stupid, but with the real nutcases out there, they don't look so nuts. Here's a stupid conspiuracy theory for you, could Oakie, JohnyWG, Bulldog etc... really be Adam Montana, Brietling, name your own nutbag, who spout such stupidity only to make them look less like the scammers they are?
F8 I couldn't agree more. I have long suspected that Adam Montana with his extensive network of dinar sites and aliases is doing the good guru/bad guru (a la good cop/bad cop) routine to lure in the newbies and then snag them at DV once they've been burned by the blatant pumpers. And when Iraq RDs he can say "I always told you that a lop was a possibility. Sorry, no refunds on your VIP, OGIT, or OSI folks. Thanks for playing!"
DeleteI've been thinking the same thing for a while now. All of the major gurus out there are probably no more than 3 or 4 people. Anyone up for going in on a private investigator? Maybe we could find one who would take payment in Dinars.
DeleteFear not. When they finally realize that they've been lied to and ripped off by their favorite gurus and pumpers, the same people who have fiercely defended and revered them will be screaming for their blood. Phones at local, State and Federal prosecutors' offices will be ringing off the hooks with demands that these people should suffer severe penalties for their crimes against "defenseless" citizens. They'll conveniently forget that they were warned for several years. :)
ReplyDeleteYou'd think, but let's face it none of these people is on the short list for the Nobel Prize in Economics. I gather a few will realize they've been had and will go quietly out of shame, a few might try to get back at the pumpers but won't get very far because they know about as much about that as they do about currency speculation.
DeleteBut the fact is, most of them will just move on to the next scam, be it the hot new HYIP, NESARA and the World Global Settlements or some MLM scheme to sell fruit juice for $39 a bottle. Some people are genetically destined to be suckers, and those people are prominent in any scam, the big fake Dinar RV included.