Saturday, May 26, 2012

A Memorial Day Douchie

Happy Memorial Day!


Remembering those who made the ultimate sacrifice for the freedoms that we often take for granted.



First a little guru news & views and then the award.  This week we were informed by Freeway Bill that we will no longer be blessed by his precious intel.  Bill is a two-time Douchie winner so we're gonna miss the old lug. 





5-24-2012  FreewayBill I...have worked tremendously hard to try to keep you all grounded and well informed about this RV of the Iraqi Dinar and the Vietnamese Dong. I have watched as really good intel providers have went from being good friends to family to competitors to enemies. So, my friends, as I came in, I will go out. I believe that this RV will happen and happen soon. Today? Tomorrow? Next week? I can’t say for sure, but the weather is perfect for it to be very soon.


AND ANOTHER ONE BITES THE DUST!!!!


If he's anything like the others (Bear5642 and Okie are two who come to mind) he'll be shoveling his BS again in no time.  They just can't seem to stay away, these dinar douchebags.  Speaking of Okie ...



5-23-2012   Okie_Oil_Man - THERE HAS BEEN MUCH POSITIVE INTEL RECEIVED JUST MOMENTS AGO. WE ARE SO NEAR TO OUR GOAL THAT I HAVE BEEN REQUESTED ALONG WITH OTHER INTEL PROVIDERS TO STOP POSTING AS THIS MAY INHIBIT THE R/V. I AND OTHERS WILL NOT DO ANYTHING TO INTERFER WITH WHAT IS TRANSPIRING.





Here's an excellent contribution of douchieness from Frank26:

 5-23-2012  Frank26 - Why and how did the CBI collect 3.5 trillion dinar in one month? Auctions. Who did that? Why was it done? Why is the UN involved in the meetings and financial committee? Why are the tariff laws being moved a little bit to sync with the timing? Why do they mention on TV that that they are working hand in hand to raise the three zeros. Why is the IMF interested in the WB in Iraq?

Why are you such a douche?  None of these things mean anything except maybe that Iraq is preparing to redenominate.

(cont.) The CBI is taking inventory of all of their banks in the country. Warka being helped by the CBI. The timing of all of this is seriously amazing! On June 15th chapter 7 should be lifted ...Before June 15th the rate should be released. If not, delays are productive! 

Here we see Frank demonstrating his amazing ability to go out on a limb and cover his arse at the same time.  Nobody does that better than Frankie Frankie Frankie.






On Thursday Foot Forward did a call with himself where he stated:

"I know there have been prophetic words out there before ... several of them in fact ... and every time there's a prophetic word this thing was set to go.  You know what the problem was?  That people speak out and they stop it.  You know, they say "Oh well .... there's not gonna be an RV" or .... ya know "Yeah sure ... we've heard that before!"  You know ... they have such a negative response to it .... and it delays things even further.  You can't have that kind of response.  You just can't!  You're not gonna have everyone on the same page but when an overwhelming majority speaks out in that negative kind of tone it kills the word."

https://www.freeconferencecallhd.com/playback.asp?n=115-17-65-671054762-17-65-672010210-17-65-671197890-17-65-67-17-65-67;0MzI1MTI3MDY=1 
(24 min in)

So I guess it's our fault we aren't rich yet.  We're too negative.  It has nothing to do with the GDP, the money supply, the GOI, the CBI, or the fact that revaluations of 100,000% or more don't happen.  It has to do with "ye of little faith".  

What really struck me about FF's call is that he admits that he's about to lose his house because he can't make the payments.  (21 min in)  This is the same guy who a couple of months ago said that he had a revelation that trillions of dollars would be coming his way in his lifetime.  This is the same guy who said that if he were to tell you his sources it would knock you out.  And he's about to declare bankruptcy if there's no RV?  I'm not making light of his situation, but I think if I were aboot to lose my hoose I'd be out doing something aboot it rather than visiting chat rooms and doing dinar calls.






Wolfyman was back at it this week with this:

5-24-2012  Adam Montana - some l0psters...say "it sounds like you're saying all Iraqis will be making $300,000 per year suddenly! That's silly!". No, that's not what we are saying or even thinking. We understand that a janitor will not be making $200,000 per year after a major raise in the value. The CASH IN THEIR POCKET would be worth more, but once that is gone they are going to be receiving regular paychecks at the adjusted rate and they will be receiving the redenominated notes as change when they buy something like bread or meat.
 

So glad you clarified that, Adam.  I was starting to wonder if you were a high school dropout or something.  But it still doesn't explain how they are changing the tariff laws because Iraqis are going to start buying up imports.  Here's what you said last week:

"if the Iraqi peoples are going to remain in poverty ($3000 average income per year, why would Iraq worry about tariffs? A tariff is a tax (government revenue) on an import or export. In all likelihood, this "tariff" issue is designed to tax imports, which not many Iraqis can currently afford. If the value of the currency raises, they will be buying goods, and they will be paying the tariffs"

If their paychecks will be adjusted for the RV then how are they going to have the disposable income to purchase imports which will generate tariff revenues? 






Here's a little tidbit from a new guru:

5-25-2012  ArizonaHeat - I spoke to some friends in Washington and they totally agree with the gradual climb of the Dinar in the coming months, they don’t agree with the statement of printing the money. It is of their Strong belief that process was finished a while back. But I’m not here to cut hairs. They are in total agreement with the larger notes working side by side with the smaller denoms for 12 to 18 months such as the 25k note to be equal with the 25 dinar note, and no that does not affect us. They DO NOT agree with the scenario of a LOP. And as far as the timing of the smaller note with the larger notes, they were looking over Shabibis timeline of this September. Thai wa a statement he made at a meeting back in February I believe. But to do that you would need an RV.

I think he's been in the Arizona heat too long.  If the 25k note is equal to the 25 dinar note I don't care what you call it ... that's a lop, guy. 



And then there was this from BL:

5-23-2012 Bondlady i cant even fathom a lop...i cant see how it would help them at all...it could hurt the small investors who have supported the isx from the start, the ones who've made the isx a success. if they dont add value to the iqd...many invested in the isx will lose, there shares wont be worth anything, but if they add value then they will gain in a big way...helping the economy and building up the private sector thru the isx...and supporting all the companys with in the isx...to just lop would be stupid imo.


You know what, I'm not even going to comment on this one.  I'm just going to release the hounds.  My readers are plenty smart and they can comment on what Bondlady said here.  Have at it guys! 


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This week's Douchie goes to Blaino for the first time ever.  Blaino has been close on a few occasions but he always seemed to do something doucheworthy at a time when some other douchebag peaked.  This week was different however.  On Tuesday Blaino sent out an email that said: 

[BLAINO]  AS I WRITE THIS WE ARE SEEING SOMETHING HAPPENING IN EUROPE! 
A POSSIBLE RV IS SAID TO BE SHOWING IN BANKS IN GERMANY AND OTHER EUROPEAN BANKS. I HAVE NO IDEA HOW THIS MAY WORK AS I TYPE THIS... BUT THIS E-MAIL NEEDS TO GO... NOW! WATCH FOR A TEXT IN THE EVENT THAT BREAKING NEWS DEVELOPS! AN E-MAIL WILL FOLLOW ASAP AND WE WILL IMMEDIATELY GO TO THE PHONES! IF I CAN GET SOME INITIAL CONFIRMATION, I WILL RETURN US TO DINARICON ALERT LEVEL 5!
STAY TUNED AS THE EVENING PROGRESSES!


All caps, unsubstantiated rumour, and an alert level notice.  A fine effort.  Not quite as good as last year when you made a total fool of yourself with this:





"I AM CALLING IT! WE HAVE AN RV! THEY WILL POST THE RATE IN HOURS! CONFIRMATION JUST IN FROM DUBAI AL MADDEN FROM GET TEAM HAS ALSO CONFIRMED...VIA A FOREX CONTACT IN DUBAI. I SUPPOSE SOMETHING CAN STILL GUM UP THE WORKS..BUT MAN MALIKI SAID IT..IN PUBLIC AND ON TV! WELL...WHAT A NIGHT"


If I had been doing this blog back then you would have won a runaway Douchie.  I'm going to give you a few credits for it anyway and apply it to this week's douchebaggery.  (My blog, my rules.)  Congrats Blaine. 





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10 comments:

  1. "5-23-2012 Bondlady i cant even fathom a lop.."
    Oh dear, and you being such a sophisticated international currency investor.
    If you "cant even fathom a lop" I have my doubts as to whether you should allowed to have a bank account or be allowed out without adult supervision.

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  2. I suspect that these purveyors of valuable intel ALWAYS come back, either with the same name and "new" amazing intel which they felt duty-bound to reveal, or under a new alias with better insider info than ever before. Many of them have likely been the same individual/s with multiple identities, undoubtedly associated with the many dealers/site owners. Only an extensive investigation will reveal the the truth. Investors need only be aware that virtually every one of them possesses nothing more than fraudulent information carefully designed to separate them from their money.

    ReplyDelete
    Replies
    1. In the case of OKIEOILMAN, I suspect the number of times he's had "SUPER-SEKRIT INFORMATION I CAN'T TELL YOU ABOUT AT THE MOMENT" is second only to the number of times he's called the RV.

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  3. I don’t know where Bondlady gets the idea that a lop will hurt the ISX investors. The lop will most likely be the same as a reverse stock split. No value lost or gained. For every 1000 shares you have, you will get one share. To think they will RV your 1 million shares in an Iraqi company to suddenly be worth $1 million is pretty silly. That would give some of these rinky-dink companies in Iraq a Market Value nearing that of Apple or Exxon Mobil. Every ISX company would have an astronomical price to earnings ratios.
    If you don’t understand Market Cap and Price to Earnings… you shouldn’t be in the ISX, or any stock for that matter.

    ReplyDelete
    Replies
    1. The number of shares you hold will remain unchanged, will their value in dollars. The dinar per share will change, its a price just like the price of bread. Your loaf of bread won't get ant smaller, it will just cost fewer dinar. QED

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    2. That's why I said "most likely" a reverse stock split. While a redenomination changes the currency value, meaning price per share is adjusted, IMO they will reverse split the stocks. I haven't paid attention to their stock market much, but I thought most stocks sold for about 1 to 10 dinar per share and they have huge floats (number of shares). Which sets up perfectly for a reverse split. If they don't all their stocks will have prices like .0001 dinar per share.
      I'm not sure if it will be up to each company to reverse split, or if the ISX as a whole will decide shut down and reverse spilt the whole thing one day. The later seems like a better option.

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  4. The real profit is in selling Iraqi Dinar at the ridiculous markup the dealers charge. I really hadn't paid attention to the spread between the "exchange rate" and what the online dealers are charging. The other day I noticed the going rate in the US is at least twenty percent above the published Forex rate. I would think that the street price in Iraq is less than the rate listed on Forex, dollars being more in-demand than dinar, so the markup for a savvy dealer should be higher.

    If there is new currency issued I have utmost confidence that these helpful dealers will charge a friendly 10-20% to exchange the virtually worthless paper purchased form them for more virtually worthless paper. The faithful will buy the line from the shills that a re-denomination is the prelude to the magical re-valuation and praise and thank the dealers for their wonderful service and the shills for their insightful "intel". The cycle will then continue, with the faithful wasting more money and the dealers happily taking it from them.

    I no longer feel sorry for those that bought into this ludicrous get rich quick scheme. The dealers, gurus, site admins, etc. that are profiting from these lies should be ashamed of themselves. If they are breaking the law they should be prosecuted. However, the greed that drives people to "invest" their money expecting a huge windfall is not excusable either. That money could have done good works. If it's truly "not more than you can afford to lose", wouldn't it make a lot more sense to help out someone in need? The believers are not without culpability in this scam.

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    Replies
    1. Right on. Well said. It is really very unfortunate, as I have some very good friends who are still buying into the idea.

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    2. I agree that it's unfortunate, especially for the individuals and families that are overextended as a result of purchasing Iraqi Dinar. If I had not met someone who was counting on his windfall from dinar and dong to support himself, his brother, and elderly father, it's doubtful I would even know about these scams. It's too bad for all of them that he bought into the hype. However, he is not mentally challenged or ignorant. With all the information available he could have made an informed decision to recoup some of his losses before they are unrecoverable. Instead, he still talks about the real estate and vehicles he will buy after the big cash-out. He chooses to believe and wait for the magic to happen.

      There is no shortage of information as to why the Iraqi Dinar cannot re-valuate as is claimed by the gurus. It's a choice for folks to disregard the reality and buy into the hype. I think it's a bad thing that people lose money buying into these schemes. I also think it's reprehensible that people profit from what, ethically, at least, is fraud. But the motivation of each is so similar, money for nothing, that I no longer have much sympathy for the "investors".

      I have to take a break from following this insanity as I am coming perilously close to deriving a malicious pleasure from watching this failure unfold. Good luck to those rooting out the weasels, those examining the facts, and to those still expecting a payoff (sorry, no good luck to the pushers). Even though I am 100% certain overnight millionaires will not be created, it would great if I was wrong.

      - Peace

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  5. Couldn't have expressed it any better Sy. Well done. If there are any devout "believers" following this blog who "still" want to buy Dinars, please contact me here and I'll be happy to provide them for you provided you acknowledge my dissenting opinion. :) I was banned by your beloved guru Adam (James Wolf) Montana for posting the truth at his Dinarian "Church of Delusional Worship," so I can no longer post there. I sincerely hope that those of you reading this who still have posting rights at DV and elsewhere will continue to inform as many people as possible of the existence of this site. Information provided here (at no cost) might save them a great deal of future heartache. Keep up the great work Sam.

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