Sunday, August 25, 2013

A Blast from the Past

shotgunsusie
Last year one of my readers named F8 provided a link to a dinar site called RolClub where a pumper named shotgunsusie was saying the RV was done and the rate would go live by Oct. 1, 2006.  A subsequent post mentioned a target of $1.68 for the revalue.  Another member named rentonrolr provided a link to the financials at the CBI website and said that $1.68 was impossible given the (at that time) money supply of 10 trillion dinar in circulation with an M2 of 17 trillion.  He was banned shortly thereafter.  It's amazing to read this from seven years ago and see how little has changed.  Sure, the numbers are different.  The money supply has grown, there are hundreds of gurus now, dozens of dinar forums, and the dinar has gone up in value about 20% (due to the crawling peg policy from Nov. 2006 - Jan. 2009 that allowed them to get inflation under control) rather than the 250,000% increase Susie was pumping.  But the basic argument of whether Iraq can RV to an amount that would provide a windfall to dinar investors hasn't changed, and of course people who point out inconvenient facts are still called names and banned from dinar forums.  Reading through this thread was a real eye-opener.

http://www.rolclub.com/rumors-prediction/10780-r-v-before-october-1st-with-clock-set.html   

14 comments:

  1. Yes I remember SGS all to well from the early days of IIF. One of the original guru pumpers...LOL

    ReplyDelete
  2. Looks like nothing has changed in the dinar game. The pump and scam will continue until the day of the redenomination. Unfortunately scammers such as SGS have free reign to convince the gullible of the imminent "RV". A completely non-existent and impossible economic event.

    Rumors of Federal charges against Tony TNT and others at Dinar Recraps recently. Any truth to those Sam? Also articles indicating postponement of the RD due to current inflation issues. Let's hope not on that one and let's hope so on the first one.

    ReplyDelete
    Replies
    1. I don't like to deal in rumours, but I will say this. I heard that indictments were coming against Brad Huebner and Rudy Coenen early last year and they turned out to be true. I've heard similar things about Tony for awhile, and you may have noticed that I predicted an indictment or two for 2013 at the start of the year. Stay tuned.

      Inflation is the one thing that could trigger an RV, according to what Shabibi said in 2011. But of course the increase that he was talking about was only 1 or 2%.

      Delete
  3. It's like a trashy romance novel. The names, locations, and dates may change but the plot and storyline remain the same.

    ReplyDelete
  4. Thanks Sam for posting this. Of course the game never changes because this business model founded upon fraud has worked great since 2004 and simply takes advantage of folks who are not informed. We can only hope more indictments are forthcoming, and one I hope is will be exposed is frank villa. I do not know how this charlatan has continued, then again, I am still surprised Montana/Wolf is still functioning. He tops the list of majors cons...there are far too many to list, but people still follow whatever they want to read/hear. it is all very unfortunate.

    ReplyDelete
  5. The game never changes, indeed, but the pumpers are always on the lookout for any event, no matter how irrelevant, to point to and say "A-ha! This is it! This is the smoking gun and the RV is going to happen now!" I only follow a couple of Dinar sites myself but I've been noticing a number of them saying that now is the time to hurry up and RV before the US goes to war in Syria. I don't know how things are going to play out there but it really is shameful the way they exploit tragedies like the Syria situation to help scam folks here.

    I also noticed last week, when the NASDAQ was down for a few hours, they were saying it was actually a test for the so-called "Global Currency Reset" scam that I've heard about. I've been meaning to ask - I know the Dinar RV pumping has been going on for years, is this also the case for rumors about an RV of the Vietnamese Dong that I've also heard about? What about the Global Currency Reset? Are those scams just as old as the Dinar stuff or are they more recent?

    ReplyDelete
    Replies
    1. As far as I've been able to determine, the hype of the dong RV started about four years ago on Med's site Dinar Veterans. Somebody heard that a dealer was having trouble getting dong from his supplier and the rumours started flying. Before long others like Frank26 were joining the chorus and it just grew from there. All you have to do is look at a chart of the VND since then to see how accurate these guys were. It has slowly depreciated since then. Nobody has made a dime off the dong unless they're selling or pumping it.

      As for the GCR, that's been around longer than the IQD. It goes back to the NESARA nonsense that hit the internet around 2000. When the dinar scam became very popular the NESARA crowd brought their views into it which attracted the conspiracy nut crowd. Glad you can see through it.

      Delete
  6. The genius Lady Graces Daddy over at DV just posted the thought that the Syrian situation is an attempt by Obama to take people's attention off of the Dinar so that Iraq could RV. I kid you not people. This is the mentality of the delusioned. EVERYTHING and I mean EVERYTHING means RV to the reality depraved. I seriously thought that I had just about heard it all. Obviously not. Lady Graces Daddy just won the top prize for the dumbest dinar zombie ever.

    ReplyDelete
    Replies
    1. What's incredible to me is that we're on the verge of WWIII and people somehow think that the dinar, an "investment" that is going nowhere, is the important thing to focus on.

      Delete
    2. This comment has been removed by the author.

      Delete
    3. Dinarck, maybe you meant "reality deprived" not "depraved"?

      Delete
  7. of course the goo roos ignore anything and everything that goes against their rv to be millionaire agenda. they take everything from the news that has nothing to do with Iraq and twist it around to make everything rv related when its not. then, they say Syria would have no bearing on anything. what lying morons. then we have this poppy3 character who hasn't got one clue of anything to do with money or finances or economics and is constantly comparing Iraq to Kuwait.....not even close mr poppy or I like to refer to him as>pinocchio3, who is so far out there that he is orbiting mars!

    ReplyDelete
  8. This comment has been removed by the author.

    ReplyDelete
  9. Any one upto date on the iraq dinar? That's supposedly about to revalue today or this week?

    ReplyDelete

Please keep your comments civil and respectful. No namecalling, insults, or accusations against other participants. Do not post phone numbers or addresses.