Tuesday, June 26, 2012

Monopoly Money

This was posted a couple of months ago at Dinar Daddy.  For those of you who missed it I'm posting it here too. 


May 14th, 2012 10:30 pm ·

AS YOU KNOW I’M NOT INTERESTED IN POSTING & HAVE NEVER BEEN INTERESTED AS A SO CALLED GURU BUT BASED ON WHAT I’VE BEEN TOLD RECENTLY I FEEL AT THE VERY LEAST YOU MIGHT WANT TO POST THIS AS AN ALTERNATE OPINION FOR PEOPLE WHO ARE REALLY HURTING & COUNTING ON THIS CAN CONSIDER.
I WISH TO REMAIN NAMELESS AS I AM NOT ON ANY SITES OR A SO CALLED GURU, I HAVE NO INTEREST IN BEING THE 1ST TO PREDICT WHAT WILL HAPPEN IN IRAQ OR WITH THE DINAR BUT FEEL THE NEED TO SHARE INTEL I’VE RECEIVED OVER THE PAST FEW MONTHS FROM EXTREMELY KNOWLEDGEABLE SOURCES THAT NOT ONLY MAKES AS MUCH SENSE AS ANY OTHER INFORMATION WE HAVE BEEN FED OVER THE YEARS BUT IS EVERY BIT AS POSSIBLE THAT HAS RECENTLY OPENED MY EYES TO WHAT APPEARS TO SHED SOME LIGHT ON WHAT WE ALL ORIGINALLY THOUGHT WAS A GREAT ONCE IN A LIFE TIME INVESTMENT THAT MAY HAVE A DARK SIDE.
I HAVE BEEN ON THIS CRAZY TRAIN FOR OVER 5 YEARS AND WAS A VERY STRONG BELIEVER THAT THE DINAR WOULD EVENTUALLY RV AS WE WERE ALL TOLD DAY AFTER DAY & WEEK AFTER WEEK & MONTH AFTER MONTH BY SO MANY SO CALLED EXPERTS THAT APPARENTLY DIDN’T KNOW ANYMORE THAN I DID. AFTER YEARS OF BEING ON THIS RIDICULOUS ROLLER COASTER I’VE COME TO THE CONCLUSION WITH THE HELP OF SOME VERY INFORMED INDIVIDUALS THAT WE ARE NOT BEING TOLD THE WHOLE TRUTH & ARE BEING MISLEAD BY SOME EITHER ON PURPOSE OR DUE TO THEIR LACK OF ANY REAL INTEL.
IN SHORT I’VE BEEN TOLD THE DINAR THAT WE ARE HOLDING WILL NEVER “RV” OR “RI” PERIOD & THAT THIS FACT HAS BEEN KNOWN FOR SOME TIME. WHETHER YOU BELIEVE ITS THE POWERS TO BE, OBAMA, SOROS, OR THE EASTER BUNNY HOLDING THIS UP DOESN’T MATTER. THE FACTS AS THEY WERE SHARED WITH ME ARE SIMPLE & INDISPUTABLE. IRAQ IS PLANNING AND HAS NEVER HIDDEN THE FACT THAT THEY ARE COMING OUT WITH A “NEW CURRENCY” WHICH WILL IN FACT HAVE A REAL TRADEABLE VALUE. HOWEVER NOT THE CURRENCY THAT WE HAVE BEEN ABLE TO BUY THROUGH THE YEARS WHICH WHEN THE CAT IS FINALLY OUT OF THE BAG WILL BE RENDERED WORTHLESS JUST LIKE THE SADAM CURRENCY. YOU SEE ITS LIKE THIS, THE DINAR WE ALL HAVE IS LIKE MONOPOLY MONEY AND WAS “NEVER” INTERNATIONALLY TRADEABLE, IT WAS USED FOR ”IN COUNTRY” PURPOSES “ONLY”. WHILE IT WAS ALLOWED TO BE SOLD OUTSIDE IRAQ FOR REASONS WE CAN ONLY SPECULATE ON IT HAD NO VALUE OUTSIDE OF IRAQ OTHER THAN THE DEALERS THAT ARE SELLING & TRADING IT. THEREFORE AS A FILLER CURRENCY OR IN COUNTRY FUN MONEY IT IS NOT SUBJECT TO ANY BANKING OR CURRENCY EXCHANGE RULES WHATSOEVER, THERE WILL BE NO PROBLEM WHEN IRAQ IS READY TO REPLACE THE 000 CURRENCY WITH THE NEW CURRENCY THEN RELEASING ITS REAL VALUE THAT WILL MAKE IT INTERNATIONALLY ACCEPTABLE & TRADABLE WHICH IS EXACTLY WHAT IM TOLD IS ABOUT TO HAPPEN BY SEPTEMBER 2012. ALL THE BS, STALLING & RUMORS WE HAVE BEEN FED OVER THE YEARS IS DUE TO IRAQ NOT BEING READY TO RELEASE THE NEW CURRENCY AND NOTHING OTHER THAN THAT, NOT THE GOI, IMF, CBI OR MALIKI’S MUSTACHE NOT BEING TRIMMED HAS BEEN THE CAUSE FOR ANY DELAY, ARE THE DEALERS AWARE OF THIS SCENARIO? I CANT & WONT SAY BUT I HAVE MY SUSPICIONS HOWEVER FACTS ARE FACTS & DON’T BELIEVE THE WEAK ARGUMENT THAT WHAT IM SAYING IS BS BECAUSE AN RV HAPPENED IN GERMANY & KUWAIT, YES FOLKS IT DID BUT ONE VERY LARGE FACT THAT THE DEALERS & GURU SITES LEAVE OUT IS THAT THOSE CURRENCIES WERE INTERNATIONALLY TRADABLE AT THE TIME THEIR RATES CHANGED & WERE NOT SETUP AS FILLER CURRENCIES OR IN COUNTRY MONOPOLY MONEY WHICH MAKES THE IRAQI DINAR A VERY DIFFERENT ANIMAL. IT IS NOT MY INTENSION TO BURST ANYONE’S BUBBLE OR RAIN ON YOUR DREAMS BUT I’VE PERSONALLY KNOWN TO MANY PEOPLE WHO HAVE BEEN & CONTINUE TO BE REALLY HURT RIDING THIS TRAIN OF HALF TRUTHS & BS. I FELT THE NEED TO AT LEAST PRESENT WHAT INFORMATION I HAVE & SHARE AN ALTERNATIVE SCENARIO & OPINION, ALL OF YOU WHO HAVE HEARD MORE BS STORIES REGARDING THIS ALLEGED IMMINENT RV THAN WALT DISNEY HIMSELF COULD HAVE DREAMED UP HAVE TO MAKE UP YOUR OWN MINDS BUT ILL TELL YOU THIS IF MY SOURCES ARE ACCURATE & I BELIEVE THEY ARE, WHEN THE TRUTH IS REVELED YOU BETTER HAVE MANY EMPTY WALLS THAT NEED PAPERING BECAUSE THAT WILL BE ALL THE DINAR WILL BE GOOD FOR. PLEASE USE YOUR COMMON SENSE & DON’T BUY IN TO THE TOMORROWS, NEXT WEEKS, OR WHAT YOU ARE SEEING NOW THE SETUP TO STRING YOU ALONG TO 2013.         

http://theiraqidinar.com/2012/05/14/a-site-contrarians-opinion-on-rv/






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10 comments:

  1. Well, according to Blaino this guy doesn't know what he's talking about:


    6-25-2012 Intel Guru Blaino Over the last 48hrs I had confirmations from the CBI that this was done on Sunday the 10th. Then the in-fighting came and delayed it. It's happened 4 times since the 10th but they are getting closer.

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    1. You are referring to Blaino, right?....

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  2. I've said this over and over......once they redenominate they will close borders and all currency outside Iraq will be worthless. They do not have to honor it. Sell now before it's too late.

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  3. The late Bob Chapman (The International Forecaster) who recently passed, stated for years that the IQD would never RV. If invested, you losted your money. You have to also comprehend that the bankster gangsters are evil beings and putting them in bed with so called governments is a bad combination. Folk it has been almost 10 years and I have come to the conclusion that the current Iraq dinar will never have substanial value. I have been on board since 05.

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  4. This article is retarded. They would be screwing banks in Dubai, Jordan, etc. Not to mention the 10 years they are advertising they will accept it. Has anyone not see all the money they are spending on validation equipment? lol If i have to fly to the middle east, I will. The story (and that is what it is) is crapola.

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  5. RB.. can you clarify for us a bit better regarding how they would be "screwing" banks? Please describe the process by which they would have been cheated out of anything? Additionally, can you plase provide the specifics regarding the equipment that they purchased which you are referring to? Please provide the details that would make you believe that the purpose of the validation equipment is for anything more than exchanging the old currency for new currency in the govt't banks in Iraq during an exchange period which would happen in the event of a redenomination (process of deleting zeros) as was explained by the CBI? Thanks...

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  6. "They would be screwing banks in Dubai, Jordan, etc." Why would those banks be holding Dinars in cash? If Iraq had lent them money, it would be in bonds or some other instrument which would be repayable. Even if it were true that it was in cash (which 1. I really do doubt and 2. Even if there was I doubt there's much in the way of any loans anyway) what is to say that they wouldn't honor those deposits with their "friends" and stuff the rest of the speculators. Don't forget, every Dinar abroad means foreign currency in exchange for paper which they don't need to buy back.

    "Not to mention the 10 years they are advertising they will accept it." Where has that been said, and don't quote some Dinar guru. The dates I've seen were on a TV news site quoting Iraqi bank people saying finished by mid 2014 at the latest, IIRC.

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    Replies
    1. They are getting it from here:

      http://translate.google.com/translate?sl=ar&tl=en&u=http%3A%2F%2Fwww.alestiqama.com%2Fnews.php%3Fcat%3Dbusiness%26id%3D973

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    2. "that the beginning of 2013, is the point of initiation for the replacement of the currency and that will continue for two years and older will be withdrawn for a period of ten years."
      I'm really surprised that they will apparently allow exchange of old for new for a period of 10 years. Most redenominations are usually done within 1 to 2 years. I could possibly see the need in somewhere like Iraq where there may be old people living in the back of beyond still hoarding old currency, but even then, 10 years is generous.
      Any comment on the "that the beginning of 2013, is the point of initiation for the replacement of the currency" by any of the guru types or are they all selectively quoting the 10 year part?

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