Contrast these comments with what he posted a couple of years ago:
Let me explain this very clear and simple. In my opinion, despite the amazing logic presented by those who are very educated, or “trained”, in their logic, to share their opinion about the “lifting of the 3 zeroes”, we will NOT see a “LOP”, or a “LOP/RV”.
He then goes on to list seven reasons why Iraq won't lop, including misinformation like:
- Lops only happen during times of stagflation (I think he meant hyperinflation, but whatever ... it's still not true)
- Iraq is required to have a currency on par with other currencies (A lop accomplishes that .... besides, they're already on par with S. Korea)
- A lop won't change the value of Iraq's currency (complete with hot dog purchase example ... and utter nonsense)
- We were told that the war would pay for itself (not by Bush or Cheney we weren't) and a lop won't accomplish that
- Obama said he's cut the deficit in half by 2013 which would require a substantial RV (nope, still going up ... hmmm ... a politician making a promise he can't keep ... say it ain't so!)
It now appears that these guys are going into full CYA mode as the day when their BS is fully exposed approaches. Adam Montana emphasized last week that a lop is a definite possibility. To his credit he has always acknowledged that, which could keep him out of at least some hot water from a legal standpoint.
Breitling went so far as to say that if you don't make any money off this investment and you want to throw a fit ..... well you just shouldn't have been in this invesment in the first place. Quite a contrast to his well documented statements in the past like "the dinar is a 100% sure thing", and "a lock" as for making money, and even "a winning lottery ticket". He then went on to talk about how much he has gained from this investment in the way of education and business opportunities, even if there's no RV. No argument there. Breitling has managed to find a lot of ways to make money off of dinar investors.
Breitling has promoted a sort of triangulation strategy for some time now. Buy physical dinar, invest in the ISX (Iraqi Stock Exchange), and buy electronic dinar by opening a Warka account. If there's a lop then I think it's a pretty safe bet that nobody's gonna make much money off the physical dinar. And with the influx of novice investors being channeled into the ISX there is a very real possibility of a dotcom type bubble being created in Iraq's stock exchange, which of course will eventually pop. And as for Warka, they've been on the road to insolvency for nearly a year now (did he ever inform his listeners of this fact?). It remains to be seen how much (if any) of western money is forthcoming to Warka customers. Taking these things into consideration, there's a real chance here that Breitling's followers could go 0 for 3 in Iraq.
A few weeks ago Ali Agha from Dinar Trade returned to the dinar scene and stated that Iraq's project to delete the zeros was in fact a description of a redenomination. He also added that there's no advantage to owning lower denoms in the event of an RD, a strategy that Breitling has promoted as a hedge against a lop. I'm sure that observation made the host Roger Dorman squirm a bit, seeing as how The Treasury Vault ("owned" by his wife Angela) has been promoting the purchase of lower denoms in Breitling's Insurance Plan.
So finally we're starting to hear the truth about what Iraq has been telling us, and more than a few investors are upset. I look for many more gurus to join the backpeddling in the coming months. I wouldn't even be surprised to hear people like Frank and Okie say they've told us all along that there's risk in buying dinar and Iraq might end up lopping and screwing us all. No matter how much these douchebags try to cover their backsides there's too much of a track record of misinformation (which I'll be happy to publish) and outright fraud for them to avoid accountability. Judgment Day is fast approaching, and there's gonna be hell to pay.
05/18/12 ... UPDATE!!! This morning Dr. J posted this at Dinar Vets:
On October 14, 2010 (YES...2010!!!!), I told all of you on this board that my source told me that there would be NO possible RV until the fall of 2012. Then, my source went on to tell me late fall 2010. For those of you that have been here since that time, you may remember that I have traded currencies for over36 years so unlike other who claim to be "experts," I know a thing or two about currency trading and the workings of the currency world.
My news flipped the dinar world on it's ear to say the least. I was blasted six ways from Sunday.
Well...guess what folks? It's May 18, 2012 and there is STILL no RV even though all of the pumpers and gurus have been telling you that it is "just around the corner." In my opinion, the latest pumper is right here on this site and he/she goes by the name of Randlln. These clowns have been telling you the same lies for years and you all just suck it up because..."it makes you feel good" or "it allows you to dream." Ah...that's wonderful but if the IQD falls flat on it's face I highly DOUBT that you will be "feeling good" or "dreaming!"
From day one, I have told all of you...DO NOT PURCHASE MORE DINAR THAN YOU CAN AFFORD TO LOSE!!! Yet, many of you are so far in over your head that if the IQD that if it does go south, you are in a world of HURT!!!! That is called GREED and in the currency world, GREED KILLS!!!!!
Many of you would rather listen to idiot pumpers and gurus (yes, that is my opinion, they are IDIOTS!!) instead of using common sense. Again, you do so because of greed.
Well...here's where the "gettin'" gets good...really good...
I have new information on the IQD, IMO, powerful information but I will be danged if I am EVER going to share the information again!
I am done with this site and any other site out there. Ban me if you wish there mods because I don't give a crap...I AM DONE SHARING!
Well since he won't share any more we can only guess what this news is, but given his reminder about not spending any more than you can afford to lose I have to conclude that it isn't good.