As Jay Adkisson from Forbes put it:
Well, loyal dinar investors, we are finally here! We are at the place where you need to get your confidentiality agreements with your financial advisers in place, and start looking for expensive houses on the French Riviera. Yep, for you it is champagne and caviar from here on out. The latest rumors say that the Iraqi dinar is just about to RV. Heck, the Vietnamese Dong and the Melchizedekian Shekel are about to RV too. Plus, NESARA is about to be passed into law, and that means that Omega Trust & Trading is about to pay off. Bernie Maddoff is going back in business. Heck, even Charles Ponzi is coming back from the dead to pay off. It all starts right now!
NOT.
The sum total of all the activity regarding the Iraqi Dinar for 2013 could be summed up as Zero, or my Mexican friends like to say, Nada Grande.
And for all you True Believers in the Iraqi Dinar, please rest assured that 2014 will be exactly the same. There will be 30 million rumors of the impending RV so that they can sell more near-worthless Dinars to new suckers (and more to old suckers), but nothing will actually happen.
For you, that beautiful home on the French Riviera is not happening. The champagne and caviar is not happening, either. For you, the Riviera in Las Vegas is selling rooms at $35 per night, feel free to bring your own sheets, and there’s a Quiznos in the food court.
http://www.forbes.com/sites/jayadkisson/2012/07/30/you-cant-fix-stupid-the-iraqi-dinar-scam-lives/
Despite that fact there was plenty of excitement in the dinar world. The Reno cash-in scam continued and apparently even surfaced across the country in the DC area. Dan and Tony from PTR (People's Talk Radio) split up and Tony went on to douchebag superstardom winning the first ever uncontested Douche of the Year award two months before the year ended. Chapter 7 sanctions were lifted prompting many to believe that the RV was finally at the door. Of course the door was answered by tens of thousands of disappointed dinarians who found nobody there. Rudy Coenen pleaded guilty to dinar fraud but his alleged co-conspirator Brad Huebner and company had their cases thrown out on a technicality in November, only to be re-indicted in December. And unfortunately the violence in Iraq escalated as the country saw the most bombing fatalities in six years.
Every week some douchebag was saying the RV was done and every week they were wrong. Every month I said that no big RV was forthcoming and every month I was right, along with a few others including my very knowledgeable readers who are now apparently gaining some name recognition of their own. Good for them. I think their comments are doing a lot of good as people now realize that these are not just the isolated views of one person.
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Last January I made a few predictions for 2013. I said:
I will stake my reputation on the fact that the value of the dinar will not increase by more than 10% in any given month or by 50% this year unless there's a lop. The same goes for the Vietnamese dong. I also predict that we will see another indictment of one or more of the douchebags I've written about in the past. I predict that Iraq's M2 will end the year at more than the current figure of 72 trillion unless they redenominate. And finally, I predict that Obama and Maliki will both end the year without being removed from office.
Well as I already mentioned the dinar didn't budge last year, so check that one off. The dong finished the year slightly lower, so we can check that one off, too.
As I also mentioned the dinar fraud case against Brad Huebner was dismissed on a technicality, but a new case was introduced a few weeks later. In the meantime the prosecutor indicted Brad on another charge. It's not dinar-related but it's an indictment so I'm going to give myself partial credit on this one. Additionally we have learned of a fraud indictment from 2012 of Tony "TNT" Renfrow. His trial is coming up soon, but since the indictment happened in 2012 I can't count it. There was another dinar fraud indictment in 2013, but it wasn't somebody I've written about in the past so I can't count it either.
The M2 ended the year at over 80 trillion dinar, so we can check that one off as well.
Some of the gurus were blaming Obama for holding up the RV, and they said that the PTB would remove him from office so that the RV could go through. Most of the gurus blamed Maliki, however. ("Stick a fork in Maliki - he's done and so is our current Administration.") They insisted that his time was over. Well of course they both finished the year in office just as I said they would. The only thing holding up the RV is the fact that there is no RV to hold up. There's no Santa Claus, either. No Easter Bunny. No Great Pumpkin. No Superman. Hopefully now people will recognize the fictional nature of this big RV.
So I grade myself at 92% on my predictions. (5.5/6) I'll let you compare that with the gurus. For 2014 I will just predict that the dinar won't increase more than 20% for the year and the M2 will finish at more than the current amount of 84 trillion (barring a redenomination of course). I say 20% not because I believe it's going to increase in value but just to cover my backside in case something crazy happens and they bump it up to 1000:1 from 1166:1 which would be about a 16% increase. As for the Vietnamese dong, I'll make the same prediction that it won't increase by more than 20%. While I would like to see more dinar fraud indictments I'm not too confident that the authorities will do anything so no predictions there. Maliki is apparently up for re-election in April and while I won't make any predictions, I will say that he has a good shot at winning. The gurus have blamed Maliki for holding up the RV (they gotta blame somebody, right? .... can't be that they don't know what they're talking about, of course), so it might be interesting to see how they will explain the holdup if Maliki loses.
Thanks to all of you for your support over the past year. The traffic is better than ever. Here's hoping that the RV scam will run its course in 2014 and our services will no longer be needed. Happy New Year everybody!
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I believe I posted this link before, where at the end of 2012, the Iraqi govt openly announced to 30m Iraqi's on national TV that there would be no change at all in the currency during 2013 (and continued to call it a redenomination, not an "RV"):-
ReplyDelete"The Central Bank of Iraq confirmed on Wednesday, that the project of Iraqi currency redenomination will not be implemented next year, upon the request of specialized parliamentary committees to take more time with this project.
"We have delayed this project aiming to remove zeros and replace the Iraqi currency", said the acting Governor of the Central Bank of Iraq, Abdul Basit Turky in a statement to Alsumaria. He stressed that "the project's timeline has not been determined yet, however it will not take place during next year, i.e. 2013".
"Iraqi currency redenomination is an important and necessary step to restructure the currency and the economy", added Al Turky, who stressed that "expert parliamentary committees demanded that we slowly deal with this project, until circumstances and timing are more convenient".
http://www.alsumaria.tv/news/67699/plan-of-iraqi-currency-redenomination-delayed
It truly boggles the mind how some people genuinely cannot see themselves as the bald-faced liars they are when they continue to pump the absurd "imminent blessing" RV scam all throughout 2013 in face of such blatantly obvious contradictions, or try to "interpret" what Iraq is "really" saying when they openly describe the lop on their website in both English & Arabic (and that's properly translated English by bi-lingual Iraqi's, not the usual amateurish barely readable Google Translate mess deliberately misrepresented by dishonest Western pumpers who can't speak a word of Arabic). Or continue to laughably pretend the redenomination is some "big secret" that the Iraqi govt will do without telling any Iraqi's in advance even though it involves replacing / adjusting every banknote, ATM, retail cash till, accounting / auditing process, bank account, ISX stock values, etc, throughout the whole country...
I guess we've reached the stage where a lot of people pumping this scam are not even hiding their almost complete divorcement from reality or have too much "emotional money" invested in the game to admit they're wrong out of pride / ego / fear despite years worth of failed pumping and 100% failed predictions, and are now basically relying on followers staying within the "controlled environment bubble" like DinarVets, etc, kept alive solely through heavy censorship and frightened "Little Hitler" moderators...
2014 predictions : DinarDouchebags will continue to see increased web traffic and awareness, more people will continue to wake up to the scam, more 2nd-hand Dinar will continue to be seen on Ebay from those bailing out finding it a lot more difficult to "buy back" than is often advertised, RVaholics in general will increasingly withdraw into "the bubble of delusion" continue to tell each other what they want to hear based on their imaginary "secret agent friends", and the few bellicose amateur pumpers who do try and take their RV pumping outside of "the bubble" will continue to get absolutely mauled with the truth as happened to DinarBeliever and Enorrste this year.
Happy New Year everyone!
12-30-13 Kaperoni: "Economic: delete two zeros from the currency less risky" Deleting the zeros has nothing to do with the physicalcurrency... It is nothing more than an event...they must raise the zeros before they can delete the zeros. We do not care about the deletion of zeros because that can only occur once they have the dinar on par or about with the dollar. Then they can officially declare they have "deleted thezeros" and implement the Law of Indebitness.
ReplyDeleteI thought he was simply joking when he said this a few weeks ago. Now he has said it again. How anyone truely believes that removing, deleting, raising, zapping, erasing, etc the zeros from the iraqi currency are seperate events is absolutely mind spinning to me.
I predict this year kaperoni will be exposed for the fraud he is even more so than he already has done himself by spewing the likes of the above statement.
Kraperoni isn't even a good comedian. How pathetic.
Delete"Deleting the zeros has nothing to do with the physicalcurrency" This is exactly what Wells Fargo will tell him when he goes to exchange his dinar believing it RV'd. Sorry sir, although the zeros were deleted in Iraq you are still not entitled to any US "physicalcurrency" or even digital currency for that matter. LOL!!!!
My prediction is it will be a good year, a very good year, for exposing the Dinar scam! I say this based on the drastically falling prices being asked for Dinar and apparent dwindling interest in offerings even at these reduced prices. My prediction is that as asking prices (from individual/private sellers, not dealers) remain lower than the official rate and buyers become harder to find the effect will snowball as the word gets around and with any luck it will reach the panic stage "soon" as the Dinar idgits like to say!
ReplyDeleteTo Sam I want to post the two zeros deletion article which is a lop article but with a chance to make money off the Iraqi dinar. I want your fellow members views on it. I won't cause any trouble for your site by trolling. Here is the article-
ReplyDeleteEconomics professor suggests dropping two zeros from currency is less of a risk
Economist: delete the zeros from the currency less risky
30/12/2013 04:56 PM
The head of economic studies at the University of Kufa Economist Thunder Twigg, to delete two zeros off the market value of the Iraqi currency would be less risky than delete the three zeros.
He said in a press statement: Deleting zero might cash position to the previous situation in assessing wealth and assets, if you delete the three zeros that currency speculators attack would be internal and external, and you lose the basic characteristics of severability to monetary units.
He added: the three zeros deleted project will not work unless a large capital owners, make money easy to carry and will be poor and suffer from bottlenecks in trade and Exchange.
Central Bank plans more than two years ago to delete the zeros of the Iraqi dinar, to facilitate financial transactions since last year awaiting the dinar restructuring plan to supply the market with more liquidity. But the Cabinet decided to stay the proceedings relating to the deletion of zeros from the dinar until further notice.
So you admit this "delete 2 zero" idea is a lop.
DeleteDo you also admit all the "delete 3 zero" articles mean a lop?
This is just one persons opinion/idea. The Iraqi Gov and CBI and many economist have stated they plan to delete 3 zeros. There is no reason at all to believe they will do anything different than that when they enact the plan.
Even if they did delete only 2 zeros, it wouldn't change the fact that it would still be a neutral event. The difference would be that the 100 of the old currency would be worth 1 of the new currency. The old currency would continue to be worth $.00085, the new currency would be worth $.085. That's 8 and 1/2 cents.
Where is "a chance to make money off the Iraqi dinar"?
DeleteIf they remove two zeros, then the IQD remains at 0.00086 USD per IQD and the New Dinar (call it the IQI) is set to 0.086 USD per dinar. So a 25,000 IQD note is equal to a 250 IQI note and both are worth about $21.50 USD . Why that is "less risky" than removing 3 zeros the article does not say. Going to all the trouble of printing new currency, seems like you would go all the way and delete 3 zeroes. But either way its value neural so no one makes any money (and investors lose on the spreads).
LOL! First of all all these "RV experts" requoting exactly the same bad translation can't even get his name right! "Iraqi economics professor Thunder Twigg..." Is that some sort of joke? Maybe he got his fellow Iraqi economics faculty friends "Ivor Biggun" and "Ben Dover" to help him ;-) Bing (Microsoft) translates it as "Thunder Twigg", Google translates it as "Raad Twigg" and Babylon translates it as "Raad Twich", none of which sound right for an Arabic surname. LOL. And this is the typical "quality" of Dinarians "my friend's a professional translator and he says"...
DeleteMeanwhile, the Economics Chairman at the University of Kufa as listed on the University's actual site appears to be a gentleman called Professor Sadiq Ali Taan. And there appears to be no-one called "Twigg" or "twich" at the Uni of Kufa who've produced any journals of any kind:-
http://www.iasj.net/iasj?func=editors&jId=120&uiLanguage=en
In any case, "Professor Thunder and Lightning" was proposing a 2-zero lop instead of a 3-zero lop, neither of which will make any difference whatsoever to the Dinar's value vs the $. Secondly, Whether Iraq lops 2 or 3 zeros makes no difference to the degree of currency speculation. Thirdly by "hostile currency speculators" - that ironically includes all those Westerners who bought Dinar banknotes and hang round "RV" forums all day expecting them to go up for no reason with no intention of using them to actually invest or spend in Iraq to boost Iraq's genuine economy...
DB has been spreading this all over that"other site" but he apparently does not understand this is just another LOP article!
DeleteDB honestly how do you find this to be good news? Two zeros or three, or even one, it's still just a neutral event and no one makes any money from it, the old currency still retains the same value and exchanges for the new at a rate that is proportional to the number of zeros that are removed, why is that so difficult to understand? Also over at DV you made the statement that you thought the zeros that would be removed are the leading zeros, or off the exchange rate, and this is commonly argued by several others, but a redenomation involves removing the zeros from both the face value of the notes AND the exchange rate, it's not just either one by itself! So of course the zeros come off the exchange rate but NOT for the old currency that you hold, it has been explained countless times even by the CBI and other Iraqi RD articles that a NEW currency is to be issued. That's what believers in this scam just can not get through their heads, the old currency must be exchanged for the new at a rate proportional to the increase in value of the NEW currency and the old will REMAIN AT THE OLD RATE! That's the way redenomations work and it's exactly the way Iraq has been telling the world they plan to do it even by referencing other countries as examples that have done so. Once again you present an article that you think means speculators are going to get rich when the article itself shows the opposite, you clearly do not understand what you are reading.
"Thunder Twigg" sounds more like a porn star than an economist. LOL!!!
DeletePost what you want DinarBeliever but you're a troll. You're playing possum now simply because Sam has opened up the auto-posting from moderator mode. You've exposed yourself in the past as a troll both here and DV but still clearly have not learned anything. Perhaps if you were genuine enough to truly learn the simple economics of this farce investment your questions would be more legitimate rather than the constant dreaming of making money on this joke. You're in a pretty sad predicament.
DeleteBrian, This pathetic attempt by DinarBeliever to introduce a doofy article with Professor Twigg just might be "Dr. Todd's" alias. You know the one these buffoons claim to be the author of the Marshall Plan. Dr. Todd comes back to life to revise the redenomination plan from 3 zero to 2 zeros. Probably because Iraq didn't meet the oil quota for the year and are AGAIN short on the budget. LMAO!!!. You just can't make this trash up even in Hollywood.
DeleteSam, - ""Thunder Twigg" sounds more like a porn star than an economist. LOL!!!"
DeleteAnd a pitiful unaccomplished porn star too to match the article with a name like "twigg". LMAO!!! He's better off being an acupuncturist. ;-)
I doubt that DB is actually a troll in the sense that his true purpose is simply to disrupt but rather he appears to be extremely irrational and unable (or simply unwilling) to admit to the truth even when he knows he is wrong, which I am certain that he does. At this point he MUST know he's wrong, either that or he's truly delusional to the point of being beyond help but either way there's no point in any further attempt to reason with him because whether he is willing to admit it to himself or not he knows this is a scam just as well as we do.
DeleteDB, explain how a speculator makes money off of a redenomination. By definition, it's a neutral transaction. There have been thousands of redenomination throughout history and none of them increased (or decreased) wealth. Currency is NOT wealth. It is only a medium of exchange and store of wealth. The amount of the redenomination doesn't matter. The only people that will make money of a redenomination are the exchange agents and scammers that claim this is the first step in the process of a revaluation.
DeleteIf DinarBeliever does not respond to anyone's questions as he usually does you can be certain he's starting up his nonsense again which is what I suspected when he posted that two zero article. He just enjoys being a hemorrhoid.
DeleteMeanwhile in reality
ReplyDeleteUN: Iraq Sees Highest Annual Death Toll In Years
APJan 01, 2014
BAGHDAD (AP) — The United Nations mission to Iraq says violence claimed the lives of 7,818 civilians in 2013, the highest annual death toll in years.
The U.N. figures issued Wednesday gave a total of 759 people killed in December alone, including 661 civilians and 98 members of the security forces.
The U.N.'s monthly figures for both civilians and security forces over the year totaled 8,868.
Violence in Iraq surged in April after the Shiite-led government staged a deadly crackdown on a Sunni protest camp.
Iraq's al-Qaida branch has capitalized on the soaring sectarian tensions and on the civil war in neighboring Syria to rebuild itself. It has targeted civilians, particularly in Shiite areas of Baghdad, with waves of coordinated car bombings and other deadly attacks.
But according to easyrider this is all propaganda from the media and big business continue to set up shop in Iraq. I usually chuckle when I see members asking easyrider for his thoughts on things...that kid is so lost and is the last one anyone should listen to.
Yeah Iraq is poised to be a major economic power, in fact business is "booming" (literally!), and big corporations are flocking there to get in on the ground floor, come to think of it there's a lot of "ground" floors over there! Lol!!
DeleteEasy is definitely clueless and I mean TOTALLY! But he is also arrogant and rude and like so many others he resorts to insults and smart@$$ remarks whenever he is at a loss which is quite often! Like DB he, along with so many others, seem to think if they can keep repeating the non-sense often enough and forcefully enough it will somehow make it true but they will be forced to face the truth sooner or later, hopefully sooner rather than later but face the truth they will and they are just as aware of this inevitable fact as we are!
Happy New Years to all!!
ReplyDeleteMy prediction for 2014 is quite simple.
1 - DinarDoucheBags will over shadow Dinar ReCRAPS and Okie's poison pit as many of the rational new and old dinar investors come to reality abandoning those crack houses.
2 - The national statistics of anti-depressants will skyrocket as the loyal delusional investors fight to make their crystal ball right when perpetual RV predictions repeatedly fail daily / weekly / monthly.
As for Maliki, my son has a classmate in college who is Iraqi and states that Maliki is very well hated in Iraq because of the lack of progress, corruption and more importantly security of the country. Personally this gentleman has experienced friends and family who were massacred by the Maliki "clan" so he is hopeful that he will not win 3rd term. So as far as predicting Maliki leaving I hope it is for the best of his people but I am not predicting either way because after all this is Iraq we are speaking of!!!
My prediction for 2014 is that certain "investors" will refuse to face reality and instead try to grasp onto any glimmer of (false) hope that they feel means they will become rich for nothing by owning a hyperinflated third world countries garbage currency. I also predict that they will continue to bring these (false) hope articles over here for us to laugh at while easily showing how they are talking about a neutral redenomination. I then predict that these certain "investors" will still refuse to accept reality and instead run over to their "comfort forum" to spout off endless ignorance all of which was just recently shown without a shadow of a doubt to be completely and totally bogus by people who provide links and verifiable facts instead of spin and miscomprehension of the very articles in question. I also predict that conspiracy and ignorance will continue to dominate the small minds of the mentally delusional "investors" that are incapable of coming to terms with economic reality.
ReplyDeleteThe one thing that I cannot predict but instead hope is that Iraq redenominates the dinar in 2014 to end this SCAM that has surely effected negatively thousands of people. All of which has been derived by internet scam artists who clearly understood how to set up a self generating network of hype which continues to this day to promote sales of a pointless currency at ridiculous mark ups.
My last prediction for 2014 is that 100s of people this year will still speak of "the RV" like it is a real event. I don't even have to predict that. It is certain. 100s of people will still believe in a nonexistent economic fairytale that is completely and utterly impossible in economics. No one can predict how many will come to terms with that fact but we can predict that the vast majority if not 100% of the new "investors" that are suckered into this con will have ZERO understanding of inflation and its effects both past and present.
COME ON 2014...........GO LOP!!!!!!!!!!!!!!
Sam do you have any information on Generals64? This guy is collecting info on dinar holders. Zip Code, name, and email address of dinar holders to get a higher rate on the soon to happen mythical "RV".
ReplyDeleteAll I know about him is that he's in Oklahoma and I don't think he's Okie Oilman. I'll do some looking around to see what I can find out.
DeleteI just wanted to post so I can get the lopsters view on the article. I don't want to answer anyone's questions because you guys are like hyienas. I just want your views and I want peoples via who believe in the RV as well. I will ask a question will the IQD go into article 8 of the IMF and what impact would this have on the exchange rate? Also what happens when the CBI stops the currency auctions?
ReplyDeleteYou can't really blame them for attacking since you admitted to trolling. But if you'll behave yourself I'll try to keep them in line. Lops don't affect the purchasing power whether they lop one zero or a hundred. It's an even exchange. Article 8 or no Article 8 Iraq can raise the value or not raise it - however they see fit. I don't see that it's really relevant since they raised the value repeatedly from 2006-2009. The same goes for the auctions. When they end the CBI will just use another mechanism to manage the money supply and exchange rates.
DeleteDB get this through your head because it's all you or any other believer needs to know, it makes no difference WHAT else is going on and NOTHING you or anyone else can dig up will be any indication of a pending RV and there are 84 TRILLION reasons why this is!!! What is it with you people? Why can you not see that Iraq can NOT do any significant increase with the amount of Dinar they have in existence! It's simply an economic impossibility and it's sheer stupidity to think otherwise, dig up all the non-sense you like and continue to spout the same old crap over and over but ABSOLUTELY NOTHING trumps the huge volume of currency that is the reason for the low exchange rate in the first place. That 84 TRILLION number is all you need to know and even if you try to argue it's not that big it's still undeniably in the TRILLIONS and since even one Trillion is too much for Iraq to "RV" nothing else matters, NOTHING!!!!
DeleteDB anyone with just walking around intelligence can see this is a scam and I have no doubt that you and at least 98% of the rest of the delusional do know it too, whether you will admit it to yourself or not doesn't change the fact that by now you MUST know because the evidence is not only in plain view it's utterly undeniable! Why keep up the charade, and it is a charade since it has become a silly game of playing with words in an attempt to make the scam sound like something it isn't so that everyone can pretend it's actually going to happen. Think about it, every single time you have brought something over here you have had to run away because you could not dispute the common sense explanations that showed you to be wrong -EVERY SINGLE TIME- so doesn't that tell you anything?
Again however, nothing you or anyone else can dig up will negate the FACT that Iraq can not "RV" 84 TRILLION Dinar and it's just plain old fashioned stupid to argue otherwise!
The auctions are the mechanism to get dollars to importers. They are not really auctions in the usual sense of the word as the price is always the same. Some method must be available for banks to get dollars to exchange for importers so the auctions, or something very similar, will certainly continue.
Deleteand DB if you "don't want to answer", the rather obvious conclusion is that you CAN NOT answer.
Dinarbeliever, as explained previously, the problem is you keep posting things and asking for the truth, and when we give it to you, you then complain of "bullying" by "hyena's" simply because when so many lies you've chosen to saturate yourself in over on DinarVets get debunked in such a short space of time, the plain and simple truth ends up coming across like a shocking avalanche "attack". The "shock" of speaking the truth is not our fault, it's the fault of the lying pumpers who spend all day every day making a load of cr*p up just to "keep the dream alive". If you didn't keep getting voluntarily led astray by a bunch of conmen, you wouldn't feel so "shocked" when you keep 'bumping heads' with reality. It's obvious, you DON'T WANT the truth - you just want a comfort blanket to cling to. Sorry but "feel-good lies" is not what this site is about.
DeleteThe truth has been given to you so many times, it beggars belief that you're still stuck looking for everything else *EXCEPT* what Iraq are openly, clearly, repeatedly and consistently telling you about their planned redenomination...
Can't you do ANY of your own research as to the source of these things you post or like many RV-addicts do you simply copy & paste anything because it sounds nice? If you Google "Thunder Twigg" the ONLY 20 results that come up are the same "RV" forums all requoting the same fake translation. It took all of 5s to verify that. What's your excuse for not doing it? The answer is always the same : Fear of being wrong / disappointed. Not only is there no-one in Iraq with that name, there isn't even any trace on the web of anyone on the planet called that... Doesn't that fact alone cause you to at least stop and think about how nonsensical most "RV" translations are? You've already posted 3 of them in previous threads, and all three turned out to be about the "lop".
I'm with dwm009 - it's just utterly bewildering how someone can virtually hypnotise themselves into ignoring every real fact on the Dinar, every official statement openly describing the lop, every fact of how currencies actually work in reality, etc, even ignoring Iraqi TV station broadcasts openly describing the lop, then spend day after day looking around for "alternative news" that's either 1. completely irrelevant as to the Dinar's value, 2. completely made up BS by Western pumpers or the usual amateurish attention seeking posers on Dinar Vets, or 3. ends up nothing more than taking yet another article about the lop and playing word games until its meaning gets twisted 180 degrees, then hoping no-one will check the source. In years to come, psychologists are going to have a field day using the "RV" scam as a baseline for a modern collective mania...
You were the one that suggested money could be made from a redenomination. If you make such an assertion, you need to explain it. If you are trying to understand something, you have to be prepared to discuss it. A redenomination, by definition, is a neutral transaction. It's no different than a stock split (or a reverse stock split). If a stock split gives you 3 more shares for every 1 share you previously owned, have you made any money? No! The share price is now 25% of it's previous price. If you previously owned 1 share at $30, you now own 4 shares at $7.50 each. But guess what? The total value of your interest in the company hasn't changed.
DeleteIn this case, think of a redenomination as a reverse split. The value of an individual currency unit will indeed increase. But owners of that currency unit won't make any money because the number of currency units they own has also been reduced proportional. The value of their currency units after the split is exactly the same as the value before the split. It makes absolutely no difference if the "split" is removing 3 zeroes, 2 zeroes, or 1 zero. It's very simple to understand. Suggesting a redenomination will financially benefit anyone is just willful ignorance.
If you want to discuss the dinar and the prospects of a massive RV we can do it. But don't play this victim card where you act like you're getting treated unfairly. To this point, you haven't seemed the least bit interested in a discussion about the dinar. We provide verifiable, audited, sourced information on the dinar and you don't even acknowledge it. You ignore it or treat it as if it simply another opinion that you disagree with. GDP, the value of foreign currency reserves, the number of currency units produced and the number of deaths and level of violence in Iraq is not an opinion! Simply ignoring it as if it doesn't exist is not the attitude or behavior of someone who is genuinely interested in learning about the dinar. If you demonstrate a genuine curiosity or interest in learning about the dinar, you might experience a far more receptive audience. But if you're just going to post gibberish or make unsubstantiated, wild assertions, then you'll be treated like a troll.
DinarBeliever, If you don't want to answer questions posed to you by people in this forum why would you have the gall to post questions and expect answers?! You don't seem to have an issue with answering questions @ DV. Or is it because you can get away with stating anything an the clueless will accept as fact unlike here where we post actual certifiable facts and appreciate any challenges in search of the truth. There are no egos being hyped here because we are here to help each other. So if you truly want to be a part of a real discussion responding to others legitimate questions is the only way 1) you can redeem your previously admitted trolling; and 2) the conversation would evolve into a beneficial topic.
ReplyDeleteI love the term "Loptsters" because that actually includes the CBI, Parliament, Iraqi economist, IMF, BIS, and all of us who know the truth.
ReplyDeleteIt's like the members of the Flat Earth Society yelling "Rounder! Rounder!" whenever an "unbeliever" shows them a photo of the Earth from space... "Lopster" is a cult psychology propaganda label no different to Scientology's "Suppressive Person" - people use it to try and look cool in front of their Internet friends but end up looking just as deluded & desperate to the 99.999% of the human race who aren't sucked into it.
DeleteExactly!!! Duh,,, that is not snow, it is precipitation in the form of flakes deriving from crystalized iced water that descends from the sky therefore it must be more rare and valuable. A lop is a lop as a lop is a lop. LOL!!
DeleteDB will not attempt any rational discussion because he has no rational argument!
ReplyDeleteI just can't get over how these guys can dig up everything from totally irrelevant day-to-day Iraqi news to thoroughly debunked guru lies such as the Kuwati RV to try to show that Iraq intends to do the impossible but they completely ignore the most obvious reason why it's impossible for Iraq to "RV" the Dinar, that 84 TRILLION number! Even when it is referenced they try to downplay it by saying Iraq is lying, which is totally absurd, or that Iraq has been reducing the Dinar in circulation which is equally absurd since they would have to reduce the amount by over 99% to get into a range that would allow any significant increases.
Like I keep saying, DB knows full well this is just a big lie and most of the others do too because the truth is too obvious and too undeniable. By now they can't help but know yet they pretend, even to themselves, that they will never have to face the truth but that can't go on forever and they are aware of that fact also. It shows clearly in the frustration, anger and irrational "reasoning" they all too predictably resort to when confronted by what they don't want to hear, oh they know alright and they know sooner or later they will no longer be able to deny it but denial being what it is they will hide from it as long as they can!
Maybe you guys can help me out here, during a discussion yesterday with my cousin Lou (not making much headway yet but I'm not giving up!) he showed me an article that although it has nothing in it to support the idea of any "RV" it does touch on the subject of money laundering which the Iraqis mention often. He asked me to explain to him just what that meant but I really had no definitive answer for him as to what the Iraqis mean when using the term. I know what the term "money laundering" would mean here in the U.S. but exactly what is it the Iraqis are talking about since it seems to be a major issue with them when discussing the future of their currency.
ReplyDeleteThey are more than likely talking about one of two things here dwm.
DeleteFirst they maybe speaking of counterfeiting concerns during the redenomination. It seems to be a big issue for the GOI and a large reason for the delay. It seems that criminals in Iraq have figured out a way to replicate the IQD notes. Which notes is uncertain but I remember reading something about it. The concern is that these fake notes will be exchanged for the new currency during the redenomination which would effectively throw off the balance of the money supply. This is why they spoke so much about the money machines that Iraq ordered. Of course the delusioned cheered about how Iraq was going to print the lower denoms with them but in reality they are basically money counters that can verify the authenticity of the IQD to be exchanged during the RD.
The second maybe the blackmarket for USD. During the sanctions on Iran, some in Iraq were making large profits by selling USD to Iranians. Basically the Iranians were losing confidence in the Iranian Dinar quick so they were willing to pay a large markup for USD as a safeguard. I would think this demand for USD has calmed in Iran since the sanctions have lifted but maybe not. During this time, USD in the Iraqi market was in lower supply which caused a higher demand for USD and effectively lowered the market rate of the IQD.
These are the two that come to mind for me but they might be actually talking about actual money laundering of some kind. As corrupt as the Iraqi Gov is it would not surprise me at all.
Dinarck, they do indeed have such a problem with genuine money laundering. Funding for terrorism is one. Plus other violent street crime (eg, kidnappings for ransom money which then gets laundered). Not all Dinar sellers are registered "MSB's" and even some who are today haven't always been. Eg, Dinar Trade was shut down for a while and fined for a while for selling illegitimate Dinar:-
Delete"Dinar Trade is not currently licensed or approved under the Act in any way" - Arkansas Securities Commission, Case No. C-11-0205, Order No. C-11-0205-11-OR02
http://www.securities.arkansas.gov/%21userfiles/Consent%20Order%20C-11-0205-11-OR02.pdf
This was during the period where "Ali" claimed to "voluntarily take a vacation". LOL. In reality, the courts shut him down until he got properly registered. At one point there were repeated rumors that they were importing Dinar via a 3rd-hand contact in Jordan. There may have been quite a number of laundered Dinar sold to unknowing Westerners that cannot be verified during that period. "De La Rue" machines safeguard against counterfeit notes (fake bank notes) not laundered money (real bank notes used in the proceeds of a crime). No money checking machine in the world can do that. A number of criminals may well have dumped some criminally-related Dinar onto unregistered Western Dinar sellers, in exchange for $, then use the $ to rebuy legit Dinar inside Iraq. That's money laundering.
Brian is right as Sterling Currency also got nailed in Arkansas.
Deletehttp://www.securities.arkansas.gov/!userfiles/C-11-0208-11-OR01.pdf
Apparently then money laundering means the same in Iraq as it does in the U.S. but I never suspected it would be that much of a problem for them, looks as if it is however.
DeleteThe faithful like to ask so called lopsters "why are you here" upon any post that shows a huge RV is not possible, but they rarely will answer why they themselves frequent sites such as DV. But Markinsa generously does so here:
ReplyDeletehttp://dinarvets.com/forums/index.php?/topic/168913-jay-adkisson-from-forbesend-of-2013-dinar-update/page-5#ixzz2pJ7pvfrn
"My perspective is I made an investment that may or may not pay off. I may lose a few hundred dollars, but then again, I stand to gain way more than that if those who are stuck in here are wrong. That's my bet, plain and simple. I am on here for news as to WHEN the CBI is going to make a decision on what they will do RD, LOP, RV. I am not on here for someone to constantly tell me I've bet on the wrong horse. Its none of their business who've I bet on and to tell me I've made a bad bet. As far as I'm concerned, the wheel is still spinning and the ball is still rolling. "
It is of course very common for there to be multiple views of any particular investment and once you understand the available data and those views, yet another opinion is understandably perhaps not of much interest. That of course is not the case here as we are not offering an opinion on what will or will not be decided in Iraq or how the economy will go etc, but pointing out that a huge overnight RV is simply not possible and has nothing to do with what anyone in Iraq choses to do or not to do. This has been stated so many times I find it hard to believe that it isn't understood. So if believers such as Markinsa (whom I am using just as an example) really do not care, then why the constant responses to such posts, why not just ignore them? Markinsa does not have to descend into "the tank" to read the lopster's posts, but clearly they do so. If they do care then why not actually engage on the issues, i.e. what ARE the constraints on how a central bank can move the exchange rate of a pegged currency, and so on? But they don't do that either. Any big change in a county's currency is always pretty big news, so the entire idea of frequenting DV to get info on such things does not ring true for me either.
So, at the risk of over-analysis, I speculate that Markinsa (and their fellow believers) is not being truthful to themselves about it all, that they DO understand that it can't happen, that there is no chance of a profit, but simply don't want to look at those facts and thus must respond derisively to posts pointing out this impossibility as a sort of defense mechanism. They frequent DV in the first place, again in my speculation, not for news, which were it ever to occur would be inescapable but instead for the fun of bolstering their dream.
If all that is true, then it also makes any attempt to debate the issue pretty pointless as the faithful (again if this is correct) already do understand and simply do not want to look at unpleasant news. No debate is going to change that is it would then not be an issue of understanding but of being willing to accept what is already understood. Not an altogether unfamiliar mechanism in humans, we all do it from time to time, but clinging to false IQD hopes seems a somewhat exaggerated instance.
A while ago, I posted a list of common fallacies and propaganda techniques used by the RV crowd as repeatedly witnessed on a number of forums. "Why do you post here?" is listed under "slogans" and is nothing more than a subtle cry for censorship. They want to keep talking about their RV fantasy in public but make it magically immune to public criticism. All they end up doing is resorting to demanding everyone except themselves justify why they post on the Internet, and tying themselves up in emotional knots with despair at the mere sight of a "dissenter" with all the facts on their side...
DeleteAlso keep in mind that many of these kind of questions come from shills. No scam of any size is pulled off by just one person.
DeleteThe bottom line where markinsa is concerned is that we aren't here to annoy people who have already made their minds up, although we frequently do exaclty that. We're here to point out facts to those who have eyes to see and ears to hear. There will no doubt be many who refuse to relinquish the fantasy, but as we are seeing more and more are waking up every week and month that go by without the RV.
I don't post on any other forums anymore (only ever at DV for a short time) but when I read someone telling someone else "quit trying to save me" I just want to yell "it's not about you, you idiot, it's too late for you"! I don't care about the Dontlops, Makinsas, Easyriders, Cazs, etc it's the people who have not yet spent their rent money or their children's school clothing/lunch money that I want to reach, for the people who have already spent the money it's too late! It's common to see the delusional trying to say warnings from us "Lopsters" and sometimes even Government agencies are just part of a Government conspiracy to get them to sell their Dinar before "the RV". Of course this is just more Dinar induced ignorance, why would we or any agency want them to sell? Honestly, just who do they sell to? If we managed to get any of the aforementioned morons to sell they would just sell to the very people we are trying to reach and the Merry-go-round would just continue so it would be self-defeating to our purpose to talk them into selling.
DeleteTo Dontlop, Caz, DB, etc and especially Easy rider PLEASE DO NOT sell your Dinar! We don't want you dragging more people into this and besides I intend to get a big belly laugh at you when this thing finally falls apart.
The really funny part is that laugh is coming and we both know it and there's not a damn thing you can do to stop it!
Douchebags on Dinar Recraps are actually celebrating that the monetary policy is collapsing. What friggin' clueless morons!!
ReplyDeleteI know Sam posted this article from a different source back in January, but I feel compelled to post this one from Iraq-Business.com because the last paragraph says a lot to the RV believers which is worth re-iterating.
ReplyDeleteThree Indicted for $23m Dinar Fraud
Posted on 01 January 2014. Tags: Corruption, dinar, IQD, iraqi dinar, re-denomination, re-valuation, Redenomination, revaluation
A federal grand indicted three men from the Toledo area for their roles in the operation of a $23 million fraud scheme involving the sale of Iraqi dinar currency and two non-existent hedge funds, said Steven M. Dettelbach, United States Attorney for the Northern District of Ohio, and Kathy Enstrom, Special Agent in Charge, IRS-Criminal Investigation, Cincinnati field office.
Those indicted are: Bradford L. Huebner, 66, of Ottawa Hills, Ohio; Charles N. Emmenecker, 66, of Sylvania, Ohio, and Michael L. Teadt, 67, of Maumee, Ohio.
Rudolph M. Coenen, age 47, of Jacksonville, Florida, has already pleaded guilty to crimes related to his role in the conspiracy.
The men are charged with conspiracy to commit wire fraud and wire fraud. Huebner is also charged with multiple counts of money laundering, structuring and willful failure to file currency and transaction reports.
As a result of the defendants’ conduct, investors lost about $23.8 million from dinar sales and more than $700,000 from the sale of non-existent hedge fund “seats” and “placements,” according to the indictment.
“These defendants made false statements time and again to convince people to part with their savings and hard-earned cash,” Dettelbach said. “The fact that they falsely claimed one member of the conspiracy was wounded while fighting in Iraq is particularly egregious.”
“Illegal activity involving the investment industry has brought financial ruin to many Americans,” Enstrom said. “IRS Criminal Investigation is committed to unraveling complex investment schemes to ensure that the promoters of these schemes do not use the financial-services industry for personal gain.”
http://www.iraq-businessnews.com/tag/revaluation/
Correction. I meant to say Sam posted back in December 2013.
DeleteHooray!!! Some people are getting wind of a LOP on Dinar ReCraps. Read some these readers comments, questions and concerns.
ReplyDeletehttp://www.dinarrecaps.com/1/post/2014/01/millionday-people-invested-special-report.html#comments
It's actually worse than we realized with the dreamers. Pretty pathetic. :-( Here's more ReCraps!!!
ReplyDeleteDr. M. J. Randylink01/02/2014 9:44am
Dear PoJoe,
The Vietnam Dong is sponsored by China and the rate we are told it is to be "Re-valued" at is $6.47 U.S.D. per Dong. The Dong is already an internationally accepted currency and was granted permission by the I.M.F. to re-value at anytime and is not required to be part of the I.M.F. Re-valuation/De-valuation program. The Vietnam Dong was valued at $2.20 U.S.D. before we became involved in the "conflict" with them. The Dong is a much better investment then the Iraqi Dinar. Today for $1.00 U.S. you can purchase 20,080 Dong. At $6.47 = $129,917.60. Today your $1.00 would purchase 1,160 which we are told can have a high value of $36.00. 1,160 X $36.00 = $41,760.00. However the best currency investment [if what we are told is true] is the Zimbabwe Dollar. Available through Amazon.com Today the price of a one hundred trillion dollar bank note has risen from one cent [$0.01] several months ago to today's price of $11.95.Zimbabwe 100 Trillion Dollar Bank Note 2008 Uncirculated. We are told that the I.M.F. is to remove six (6) zeros from the bills denomination thereby turning our 100,000,000,000,000 bank note into 100,000,000 X $0.22 [proposed
revaluation rate] = $22,000,000.00! Or $1,841,004.18 per invested dollar. Just thought you might like to know.
Take care, stay well and God bless,
I could be wrong but I don't see RV nor wealth related to Iraq.
ReplyDeletehttp://rt.com/news/iraq-poverty-war-crisis-414/
http://gulfbusiness.com/2013/11/iraqs-ambitions-crumble-as-oil-giants-opt-out/#.UsaYBH-9KSM
The google impaired part 1. Over at DV there seems to be a bit of confusion on just what is meant by a pegged currency. Ruelsforrebels says in
ReplyDeletehttp://dinarvets.com/forums/index.php?/topic/168851-it-happened-to-kuwait-it-will-happen-to-iraq-revaluation-is-real/page-3#ixzz2pM0KCLHo
"pegged is another term for a traded curency or a currency on forex is what i always understood pegged to mean. the iraqi dinar is not a pegged currency because it is not tradeable. all currencies that are pegged or tradeable are free floating currencies. "
A few minutes with google will show that a pegged currency is simply one where the issuing central bank offers a fixed exchange to some other currency (or basket of currencies). This is a way to stabilize an exchange rate by providing a source of currency at a fixed rate. For any transaction, the rate is that which is agreed upon by both parties. Even when a currency is pegged that does not force exchanges even in that country from varying to some degree away from the peg, but supply and demand prevents them from getting to toooo far away from the pegged rate. (e.g. the down stream banks buy from the CBI at 1166 IQD per dollar but manage to sell at 1280 per Dollar. Supply and demand lets them charge extra as dollars are in demand, but still the rate is within 10% o the CBIs rate). Key to a peg working to stabilize the rate is the central bank actually offering this rate not merely proclaiming it. i.e. it is the bank as a source of transactions at this rate that keeps the rest of the market (however small it might be) near this rate. Thus when Saddam proclaimed the dinar to still be worth $2 or $3, that was irrelevant as long as the CBI was actually doing exchanges at 2000 or 3000 IQD per dollar. Its the offered rate that sets the peg (which now should in fact be what they say it is).
In contrast floating currencies are not given a fixed rate by the central bank at all, but simply allowed to be bought or sold on the open market for whatever buyers and sellers agree upon. This is what is typically referred to as "being on the forex". If the value in such transactions is not going the way the central bank would like, it can of course participate in the market like anyone else buying and selling its own currency to push the exchange rate one way or the other but this is usually a small impact. There is no global entity that decides which currencies are traded on the forex so the whole "when the IQD goes international" is a myth. Any currencies where there is a demand to trade, will be traded. For the IQD, since Iraq has nothing to sell in dinars, there is no demand and that situation is not likely to change. Even if more trade develops in the decades to come, oil will continue to dominate Iraq's economy for a very very long time and hence changes in oil prices will have a huge impact on Iraq's economy. This is one reason why they peg, to try and stabilize the exchange rate and not have it bouncing around with oil prices as that makes doing international business very difficult. So even if more trade leads to more desire for dinars from trading partners, Iraq will likely continue to peg their currency (e.g. like all its neighbors do as well despite their well developed economies since they too are still dominated by oil).
part 2.
ReplyDeleteFor a pegged currency why do they have to keep sufficient reserves to cover their entire money supply? Its not as some believers have laughed "as if the entire country will want to exchange all at once", but to prevent that from happening. Imagine if you are an Iraqi and you hear that the central bank has raised the rate to $1 to 1 IQD but that only 1 out of every 1,000 IQD can be covered? What would you do? Run to the bank of course. At $1 to 1 IQD just one days CBI auction would wipe out the CBIs reserves 3 times over.
Thus for a pegged currency, the exchange rate is constrained by the money supply divided by the reserves. The more exotic that portion of M2 that is not in M1 (i.e. non-on-demand deposits) the more you can likely cover less than 100% of M2 (e.g. like Kuwait does) but for sure you have to cover M1 since that is the currency that is available for immediate exchange. Iraq covers all of M2 as the non-on-demand deposits are likely pretty simply and can be demanded without too much of a penalty. Also M2 is "only" about 10T IQD bigger than M1. So Iraq has maybe 15% of head room where they could raise their rate (e.g. with 83T in M2 and about 80+B in USD reserves they could go close to 1000 IQD per 1 USD about a 15% boost), but will likely keep that option available in case inflation starts to be a problem. Many have said that even if the execute an RD, that they will also raise the rate to an even 1000 IQD to 1USD but I doubt this to be the case as it serves no purpose and removes a key inflation fighting ability.
That, in a nutshell, is precisely the problem with this scam. All these people buying dinar and they don't have the slightest idea about how currencies are traded. They don't understand basic terminology. They don't understand the purpose of currency. They don't understand money supply. And yet, they throw huge amounts of money into this scam like they are international power brokers. Nothing strokes the ego like gaining exclusive entry into a club, even if its a club of ignoramuses. Ignorance is a key ingredient in the propagation and perpetuation of this scam.
DeleteSadly the dinar holders of RV Land don't realize that they are contributing to the increase of M1. There appears to be an endless supply of "uncirculated currency" across all dinar dealers for sale. Heck just last night I notice some dinar dealers selling 1 million IQD for $1010 which is about $200 off from the price 3 yrs ago.
DeleteWhy do you guys hate easyrider? What has he done? I think easyrider is a good person and believes in the RV. You guys are good people I think but believe in the lop. Why so much hatred?
ReplyDeleteNot taking the bait.
Delete"Believing in the lop" is like standing there saying "I accept that you believe the Earth is round but I feel differently and our two opinions have equal merit", then wondering why people mock you or why you get utterly torn to shreds every single time you take your scam outside of DV... It's only a few scam victims out of +7bn people who don't, won't or simply can't accept reality due to being almost completely blinded by irrational greed.
DeleteI suggest you go back and read my earlier reply to you which you ignored as it explains exactly where you are going wrong. I agree with networth, there's little point saying any more as we can all see exactly how your "hit and run" style posting and fake "persecution victim complex" is going to end up. Again.
DinarBeliever - "I don't want to answer anyone's questions because you guys are like hyienas."
DeleteHere is my answer to your question. _______________________________________________ __________________________ ______________________________ ___________________________.
I think that post is probably aimed at me and I don't "hate" Easy I just find him to have a particularly arrogant and insulting attitude towards those he disagrees with, I singled him out due to his habit of accusing posters of being reincarnations of other people, accusations that are wrong most of the time (I know for a fact on more than one occasion) just as he is so wrong about the usual "RV" non-sense he spouts. Tell Easy to come over here and defend himself, -never mind he already comes here and a couple of things he has said over at DV all but confirms that! Easy likely won't come on here because he knows can not get away with his usual insults but if he wants to come over and have a RESPECTABLE debate I for one will give him (or anyone else) respect in return as I'm sure everyone else here will too.
ReplyDeleteLike I keep saying Easy is just as aware that this is a scam as we are, of this I'm convinced, because the truth is so obvious by now a person has to close their eyes and hide from it and no amount of arrogance and insults will change that. Like a lot of others he has become desperate and resorts to insults and smart@$$ remarks to try and silence what he so fears but it makes little difference because in the end even the most delusional will have to admit this is not going to happen, some will try to cover it up by claiming they were "cheated out of it" by (whoever) but in reality they will know, just as they do already, that this is, was and always will be a scam!
Perhaps DinarBeliever IS Easyrider! ;-)
DeleteThanks for the comments. Brian I know most of the articles out of Iraq are mainly lop articles. I am taking the gamble that Iraq does not lop. Do any of you guys own any dinar. I understand Sam that you sold most of your holdings but have still kept some.
ReplyDeleteThis comment has been removed by the author.
DeleteIt does not matter if the RD or not. They CAN NOT do a large RV. They may well just keep going on as they have been and don't RD, leaving the currency as it is. How does that benefit you?
Delete(deleted previous post due to a typo).
Dinarbeliever, as jrg said, what you "gamble", "feel", or "believe" is irrelevant. Iraq has two options : 1. They will lop 3 zeros (which given all the new banknotes they've designed is a virtual certainty in the future) 2. They won't and it'll remain under 1100:1 no different to the South Korean Won, Tanzanian Shilling, Burmese Kyat, Lebanese Pound, Mongolian Tughrik, Indonesian Rupiah, Colombian Peso, Nigerian Naira, Vietnamese Dong, Sri Lankan Rupee, CFA Franc, Iranian Rial, Ugandan Shilling, Zimbabwe Dollar, Kazakhstani Tenge, Cambodian Riel, Armenian Dram, Laotian Kip, Belarusian Ruble, Malagasy Ariary, Malawian Kwacha, Rwandan Franc, Paraguayan Guarani, Yemeni Rial, Congolese Franc, Guinean Franc, Burundian Franc, Sierra Leonean Leone, Uzbekistani Som, Somali Shilling, Comoran Franc, Sao Tomean Dobra, 1920's Germany, etc.
DeleteThere is simply nothing abnormal in having a 1,000:1 exchange rate vs the $ for many 3rd world currencies with a history of high inflation, which is why dozens of other countries have it including fellow Mid-East Jordan, Iran (planning a 4 zero lop) and Turkey (before they lopped 6 zeros). Even Japan has a permanent 100:1 rate. Why? Inflation. Just like the +315% prior rate of inflation of Iraq that caused its value to tank in the 90's... Why are you totally mentally incapable of understanding this? Is it willful ignorance as others have said, or are you really that dense you think printing more money makes a currency's value go UP (but of course only for countries which you just happen to own banknotes of?...)
Either way, the 350,000% get-rich-quick "RV" scam however is just that - a scam. It's not real for reasons explained to you over & over. The absurd "RV" concept exists solely on a couple of dozen or so Western (mostly American) websites (DinarVets, DinarRecaps, DinarDaddy, Okie, etc) & related silly conference calls, all self-referencing each other's fake "news".
If you want visible proof of that look at your ridiculously named imaginary "Thunder Twigg" economist - it became "news" on one "RV" site, then ALL RV sites blindly copied that - and ALL of them got the name wrong! Google that name and you'll find it only on the same deluded "RV" websites re-quoting each other's fake made-up news. There simply is no "RV" outside of this bubble of self-fabricating delusion and never has been.
It really is like arguing with a 6yr old over the existence of Santa...
DinarBeliever is like a boil that keeps returning regardless of the dosage of anti-biotics!!
DeleteA CHALLENGE TO DINARBELIEVER AND/OR ANY/ALL OF HIS BUDDIES AT DINAR VETS (ESPECIALLY "ADAM" LOL!)
ReplyDeleteGiven the amount of Dinar in existence, either M1 or M2, can ANY of you explain how ANY of the topics you continuously talk about would allow Iraq to "RV" to $1 +/- since this would give Iraq more than 80 TRILLION Dollars which would absolutely dwarf any other economy in the world?
This seems to me to be a fair question since it pretty much trumps any other argument and as long as any responder is willing to discuss this in a respectable manner I promise to do the same as I think everyone else here will also.
The rules would be simple,
NO insulting or snide remarks
NO name calling
NO personal attacks
In short, ask a question or make a statement then participate in the ensuing discussion giving reasons of why you agree or disagree.
Come on, what's there to lose as long as you act respectable?
Sam if I am out of line with a post like this then removing it will cause no hard feelings.
dwm009, I can't answer for Sam, but personally I don't think you're out of line for challenging. I do think however, you may be wasting your time given these people have openly shown over & over again they simply don't want to debate - they just want to sit around all day telling each other what they want to hear, sharing personal fantasies and keep running away from the facts. DinarVets isn't a "debating" forum (nor are any "RV" forums purely out of censorship), it's one giant comfort blanket by design.
DeleteThere are "RV believers" whom you can debate with, and then there are those with such a permanently child-like state of mind regarding how currencies work in the real word that you simply cannot find any frame of reference whatsoever to even start an intelligent two-way debate and trying to force them into it is pointless... The former tend to be the ones who after being hooked for so many months / years start coming around and asking hard questions (often outside of RV forums for obvious reasons - they get banned for "negativity"), and the latter are the ones who are quite simply lost in a world of their own who will see "proof of the RV" in a dog-turd lying on the pavement on a daily if not hourly basis...
So do any of you own dinar and to Brian Simpson Aloha!!
ReplyDeleteNo we are smarter than that, but what has that got to do with anything anyway?
DeleteI issued a respectable challenge to you so are you going to reply or run away?
I believe I addressed your similar trolling before, Dinarbeliever:-
DeleteCommon "RV" Pumper / Guru Propaganda Tactics:-
Slogans - "Everyone's a winner", "why worry", "I bet you secretly own Dinar", "You're jealous of me aren't you", "Why do you post here?", "smoke and mirrors""
That's two you've made today. And now you're back to blatant "hit and run distraction" trolling again... As networth said - "not taking the bait any more".
I think Iraq has been reducing the money supply for quite some time. I don't think they have reported this on their spreadsheet. A few articles this year have stated that Iraqis have worn and torn notes without the cbi replacing them. I doubt iraq will reveal their spade to the world and make things easy for everyone. Their currency is way undervalued as stated by various members of their parliament as well as international experts. I doubt they will lop to increase an artificially undervalued currency. Let the hornets attack. Aloha to Brian.
ReplyDeleteThen you think wrong:-
DeleteIraq's Money supply by Year since the invasion:-
2004 = 12.25tn Dinar
2005 = 14.68tn Dinar
2006 = 21.08tn Dinar
2007 = 26.95tn Dinar
2008 = 34.92tn Dinar
2009 = 45.44tn Dinar
2010 = 60.26tn Dinar
2011 = 65.11tn Dinar
2012 = 72.02tn Dinar
2013 = 84.17tn Dinar
http://cbi.iq/index.php?pid=Statistics
The rest is just the usual confused paranoid conspiracy delusions where you try and pretend verified independently audited facts aren't really facts because you can't emotionally handle them.
Ok that's the kind of response I was hoping for and I'm going to honor my promise to maintain respect and I hope eveyrone else does also.
DeleteOk let's look at what you're saying there, you think Iraq has been reducing the money supply despite audits by international authorities that indicate otherwise but let's consider what you "believe" anyway. With 84 Trillion Dinar needing to be reduced to less than 100 BILLION that's well over 99% of the Dinar in existence that needs to be removed, so how did they do this? Certainly not through auctions, the auctions plow the Dinar right back into the economy as has been explained countless times but even still that would not come close to explaining how they could have removed so much. Now let's say they had removed 90% of it but how could that be? If there were only 10% of the previous 80+ Trillion Dinar left at today's exchange rate how would they be operating their economy? That would only be about 8 Billion Dollars worth so how could that be?
Now you also refer to the guru suggestion that the Dinar is "artificially" undervalued but again how so? It fell in value BEFORE the war over a number of years and it was clearly and demonstrably due to rampant inflation from over-printing the Dinar. Would you care to explain WHY you think it is undervalued, either artificially or not?
Ok fellas let's give him the benefit of the doubt once more, although from his past posts he ill deserves it, and give him a chance to engage in a respectable discussion.
DinarBeliever, that is a complete moronic statement as usual. Now prove it or shut your crap trap!
DeleteYou guys keep falling for DoucheBeliever's shenanigans. He does not care what you share. He's simply extracting more information from you not to learn but to continue his trolling antics. That's his psychotic form of winning an argument. He simply wants to distract you while he devises his next troll-like tactic. I won't waste an ounce or second giving him the satisfaction of answering his questions truthfully.
DeleteIt's very hot over there Brian isn't it 24 degrees Celsius with some clouds aloha I have always wanted to visit Hawaii
ReplyDeleteWhat the hell is wrong with you? I've never been to Hawaii, have absolutely no idea what utter gibberish you're talking about beyond the usual juvenile attention seeking, though it's good you've finally yet again revealed your intentional trolling for all to see as theu sual panicked response to being completely owned yet again.
DeleteLast comment have a happy new year guys - this will be over this year and I am looking forward to seeing the dinar rise
ReplyDeleteDon't know what the dickens is wrong but it's taking me FOREVER to get anything posted, it just keeps coming back with errors in verifications.
ReplyDeleteIn any case before I could get my reply posted it looks like DB has reverted back to his true mentally challenged self, that is if he even had a brief respite, it's becoming increasingly obvious he is not just delusional but also has other mental problems, not trying to be insulting because I'm being quite serious!
dwm, Sam mentioned the other day he carried on sending weird "disturbing" e-mails after he was banned last time for screaming "c*nts" at everyone every 5 minutes like a maniac then acting like nothing happened, that indicated he genuinely does have serious ongoing mental health issues...
Deletedwm - Sometimes when the comment count gets high the blogging software gets squirrely. I'm not sure that's the case with you but it's the only explanation I have.
DeleteHe's never "reverted". That's been his scheme all along. I have a keen sense for detecting these scumbags. Sorry but the truth must be told.
DeleteSam, your favorite troll is back!! Douchebag DinarBeliever LOL...
ReplyDeleteWell bugger! Back on moderation.
DeleteWell he can't say we didn't try and he got far more of a second chance than he deserved but even then it's obvious his post was just gibberish anyway, "I believe they have been reducing the money supply for some time" without any explanation at all as to why he would believe such a thing, which of course he does not! I was however delighted at the prospect of a discussion on that point however and had he been capable of carrying on such a discussion in a meaningful manner it might have given us the chance to expose (Again!) this very common myth. And by expose I don't mean by calling people stupid, rather I mean by discussing reasons for why or why not such a reduction has or has not taken place!
ReplyDeleteMaybe, just possibly, there is someone from DV or another forum who genuinely wants to know the truth about the money supply who would be willing to take up the discussion on that subject or any other. DB brought everything on himself and actually got better treatment than he deserved including more than one "second" chance but he chose to continue to make himself look like the troll he so obviously is. It does not have to be that way nor would it IMO if the person is sincere in their beliefs and not just here to make trouble.
Is there a member of that forum or any other forum willing to join a RESPECTABLE discussion and keep it respectable? I think there is about as much chance of that as the "RV" actually happening but I would like to see someone who is sincere join in and I personally would welcome the chance to talk about these things without all the mudslinging and insults.
A couple of dyslexic gurus have been putting out this nonsense about Iraq reducing the money supply. One of them says that damaged banknotes proves it and the other one cites some article about reducing the number of notes to prove it. Cherry picking your favorite Arabish articles is very common with gurus who have painted themselves into the RV corner. They certainly can't go by anything official.
Deletedwm, there is a guy in a group who says they have been reducing the money supply as well and that only the dinar IN Iraq matters. Says all money outside of Iraq will become that countries foreign reserve. This is partly the reason for me getting the boot from that group disputing his opinion with facts. Well that and my wonderful way of calling him an idiot but nevermind that. The fact that there are people out there who believe this kind of logic and have absolutely no idea how currencies work so do not know any better is ridiculous. Those people would rather listen to whoever they are listening to, insert guru name here, than to get off their lazy asses and do some real research themselves. Problem is they are absolutely scared about what they might find because it will shatter their rv dreams. How people would rather be continuously lied to just so they can feel good and keep the hopium flowing than to suck it up, stop being weak, admit they were duped and stop lining the pockets of the scam artists by going to their sites and listening to their calls and buying their books or shirts or mugs or VIP crap or those ridiculous text alerts is simply incomprehendable to me.
DeleteJoining in late here but why am I not surprised that dinarbeliever is all buddy buddy with easyrider? They both share the same mental capacity but what do you expect from someone who got BELIEVE tattooed across their forearm? Its hard to BELIEVE that easyrider could even function in daily life. The guy follows Frank and Delta and actually believes the garbage that they spew. I mean...what else needs to be said? The guy is a mental midget at best.
ReplyDeleteMan I cant wait for the LOP. Maybe easyrider can find a good tattoo removal service on that day. ROFL
Actually all Easy will need to do is add tattoo of LOP after BELIEVE so it won't go to waste.
DeleteOver at DV there seems to be an ongoing debate about whether or not Kuwait "RVed" or not, spurred on by the village idiot Dontlop, and it has become exactly what was discussed here earlier about being nothing more than a play on words, the "did not lop" side says it didn't because the official rate never changed and the "did too lop" side it did because it had no value during the war but BOTH SIDES ARE MISSING THE POINT!!!!! Iraq would have 84 TRILLION Dinar to deal with if they could "RV" while Kuwait had only a few BILLION but neither side is even considering that?????? Kuwait ended up with a net worth of about the same as they were before the invasion but Iraq (assuming they did the impossible) would not only be increasing to a net worth many times more than they were EVER worth but would in fact have a net worth of more than the entire planet, but neither side is noticing this little fact??????
ReplyDeleteAll that arguing over nothing but words while the REAL issue and what it REALLY means to an Iraqi "RV" is completely ignored!
Well I screwed that up!
DeleteI meant to say "did RV" and "Did not RV", that was supposed to be RV not LOP!!!!
So... let me get this straight about the amazing Kuwait RV....
DeleteI"m in Kuwait and I have 1000 Kuwaiti currency pre- Iraq iinvasion or whatever important date. It is worth 3440 USD or so at this time. Iraq invades (OH NOES!). Iraq does away with the Kuwaiti currency and forces their currency onto the Kuwaiti people. Now I'm stuck with 1000 Kuwaiti currency that is worthless becuase no one will take it even in Kuwait. I decide to hold on and get by.
So, I manage to survive in the meantime waiting for help. Oh look! There's the US! The US intervenes and eventually liberates Kuwait. The Kuwait government is reinstated. Kuwait issues a new currency at a 1:1 rate for the old Kuwait currency. So I trade in my old 1000 worthless Kuwaiti currency for the new one, and now have 1000 new currency. The rate to the USD is kept the same as it was before at 3.44 USD per Kuwaiti currency. So I now have 3440 USD again, and have made a whopping 0 profit on holding on to the old currency. This is the amazing Kuwaiti RV that made people millionaires?!
That's pretty much it gravesense. Kuwait's value didn't change at all as anyone can see for themselves on the CBK's website, it simply got frozen. Some "DinarBelievers" though are almost pathologically incapable of accepting such a simple easily verifiable truth, and try and argue "everything fell to zero" which is as completely dumb as saying "When the stock market closes every day, the value of all stocks becomes zero and they all "RV" back every morning therefore everyone makes a 100,000% profit every morning..."
DeleteNo of course the Kuwaiti Dinar did not "RV" and as you correctly stated there was zero profit to those holding this currency from before the invasion until after the new currency was released. This does not however stop the constant bickering over whether it did or did not "RV". While there was no official devaluation or value increase we all know there was a major market fluctuation and the street value dropped quite low, it was still at it's official rate but no one was paying that however the situation corrected itself when the Kuwaiti Government was reinstated. The bottom line is the actual going rate, or what a person could sell it for during that short time, did fall dramatically and then regained it's value without the Kuwaiti Government officially doing anything, so yes there was a drop in value followed by an immediate increase but there obviously was no "revaluation" by the Kuwaiti Government!
DeleteWhat I was talking about in my previous post was the long running argument over whether it was "six or a half dozen" and never does anyone address the real issue of the different reasons for why the Iraqi Dinar is worth so little vs the reasons the Kuwaiti Dinar lost value. The Kuwaiti Dinar lost real, as opposed to official, value due to a loss of market since merchants would not accept it nor would banks pay the official exchange rate but the Iraqi Dinar lost both market and official value even while being accepted by merchants and exchanged by banks because of overprinting. It's this huge volume difference in currency, Billions vs Trillions, they should be discussing not any ridiculous technicality of what the situation should be called. Any comparison of Iraq to Kuwait is just plain silly, but then when has anything pertaining to the mythical Iraqi "RV" been anything but silly?
More brilliance from kaperoni:
ReplyDelete"No, they cannot redenominate selected notes because it would make those holding smaller notes worth more than the redenominated notes. That cannot happen.
There is no intent based on the IMF documents to redenominate (LOP) the currency..It is clearly stated a "gradual appreciation" which would allow for the current currency to be collected and destroyed as the value increases. The end result is a restructoring and new notes would then be issued once the value is on par with the dollar to reflect accordingly. No where in Iraq are they using the term "redenominate." They use "restructor," or "reevaluate."
Kaperoni seems completely mentally challenged if he cannot figure out the lower denom notes get turned into coins. Iraq have already stated this themselves in an official announcement. Below information is reprinted from Iraq's Alsabaah national newspaper from July 2012:-
Delete"The finance committee received specimens of the new Iraq banknotes from the Central Bank of Iraq. The specimens were of the 25, 50, 100, and 200 dinars. The committee urged the central bank to delay the introduction of the new currency to study all the aspects of the process. The new currency will be issued in denominations of 5, 10, 25, 50, 100, and 200 dinars for banknotes and 25, 50, 100, 250, and 500 fils, plus 1 and 2 dinars for coins. Designs are as follows:-
New Iraqi Redenominated Banknotes:-
- 200 Dinar will have the design of an unnamed bridge & school. ONE new redenominated 200 Dinar "Bridge & School" design note will replace EIGHT current red "Kurdish farmer & tractor (front) / King Hammurabi (back)" design 25,000k notes of same value.
- 100 Dinar will have the design of the Azwaip in Baghdad on the front, and the University of Baghdad on the back. ONE new redenominated 100 Dinar "University of Baghdad" design note will replace FOUR current red "Kurdish farmer & tractor (front) / King Hammurabi (back)" design 25,000k notes of same value.
- 50 Dinar will have design of King Codaa (Lagash II dynasty) on the front and a picture of Fort Ukhaydir (a Fort archaeological dates back to the era of the Abbasid) on the back. ONE new redenominated 50 Dinar "King Codaa" design note will replace TWO current red "Kurdish farmer & tractor (front) / King Hammurabi (back)" design 25,000k notes of same value.
- 25 Dinar will have a picture of King Hammurabi receiving the law on the front, and a picture of a peasant from Iraqi Kurdistan working in agricultural fields on the back. ONE new redenominated 25 Dinar "King Hammurabi" design note will replace ONE current red "Kurdish farmer & tractor (front) / King Hammurabi (back)" design 25,000k note of same value.
- 10 Dinar will have the Arab-Muslim image of the Dinar on the front, and a picture of the Hadba Lighthouse in Mosul on the back. ONE new redenominated 10 Dinar "Mosul Lighthouse" design note will replace ONE current green "Abu Ali Hasan Ibn al-Haitham (front) / Great Nurid mosque in Mosul (back)" design 10,000k note of same value.
- 5 Dinar will have a Kurdistan waterfall on the front, and a picture of an Iraqi palm on the back. ONE new redenominated 5 Dinar "Kurdistan Waterfall" design note will replace ONE current dark blue "Geli Ali Beg waterfall (front) / Al-Ukhether desert fortress (rear)" design 5,000k note of same value.
Continued...
...Continued
DeleteNew Iraqi Redenominated coins:-
[NB: Iraqi coins are measured in "fils" which are like US "cents" except there are 1,000 rather than 100 subdivisions, ie, 500 fils is 1/2 Dinar, 250 fils is 1/4 Dinar, 100 fils is 1/10th of a Dinar, etc.]
- 1 Dinar coin will contain the design of a map of Iraq and highlight the Tigris and Euphrates. ONE new redenominated 1 Dinar "Iraqi Map & Rivers" design COIN will replace ONE current brown "Iraqi coin (front) / Mustansiriya School Baghdad (rear)" design 1,000k Dinar note of same value.
- 500 fils coin will contain a larger image of just the Euphrates river. ONE new redenominated 500 fils "Euphrates" design COIN will replace ONE current bluish-green "Dûkan Dam on the Al Zab river (front) / Assyrian winged bull (rear)" design 500 Dinar note of same value.
- 250 fils coin will contain a larger image of just the Tigris river. ONE new redenominated 250 fils "Tigris" design COIN will replace ONE current bluish-purple "Astrolabe (front) / Samarra Mosque minaret (rear)" design 250 Dinar note of same value.
- 100 fils coin will contain an image of a Babylonian lion. ONE new redenominated 50 fils "Lion" design COIN will replace TWO current purple "Basra grain silo (front) / Date palm (rear)" design 50 Dinar notes of same value.
- 50 fils coin will contain an image of a Mesopotamian palm. ONE new redenominated 50 fils "Palm" design COIN will replace ONE current purple "Basra grain silo (front) / Date palm (rear)" design 50 Dinar note of same value.
- 25 fils coin will contain an image of the Babylonian Ishtar Gate. TWO new redenominated 25 fils "Ishtar Gate" design COINS will replace ONE current purple "Basra grain silo (front) / Date palm (rear)" design 50 Dinar note of same value.
That comes from the Central Bank of Iraq & Iraqi Finance Committee openly published in an Iraqi Arabic national newspaper (Alsabaah) from 2012 (official statement in physical print not just web "rumor").
Brian, Are you suuuuuure?!!! I mean per DinarBeliever, "I doubt iraq will reveal their spade to the world and make things easy for everyone." LMAO!!!
DeleteThe only ones that Iraq won't make things easy for are the meathead hallucinating RV crystal meth addicts who contest the truth with flagrant nonsense.
I don't believe I have that particular article Brian. Do you by chance have a link?
ReplyDeleteHe's not mental. He knows full well what he is doing. Anyone can see Tony and Okie and Frank for the complete morons that they are. This is why people are flocking to Kap. They think because he's not throwing $40 rv dates out there and he is using (misinterpreting) articles to base his theories on that he must know what he speaks of. Just not the case.
Hi, whispering, sorry, if I still had the original source I would have posted it. It was a genuine statement by the CBI & Iraqi Finance Committee from mid-2012 reported in multiple Iraqi newspapers (in physical print) openly describing the redenomination and new planned 3-zero deleted banknotes in more detail. The nearest thing to proof of source is this link from Banknotenews (from July 2012 before they decided to delay it again), which links to two (of several) newspapers (Alsabaah & Almada) who originally printed it in full paper form in Arabic but only included shortened temporary online articles, and they don't appear to have been archived on the website (which is not uncommon - many Iraqi newspapers don't translate everything into English, digitize it and keep dual-language archives for cost reasons).
DeleteThere may well be someone in Iraq with a physical copy of the paper from 2012, but the designs and new denominations of the new planned notes are still summarised on Banknotesnews along with the two original links to two Iraqi newspapers, shattering the delusions of the RV crowd. They were also reported on Alsumaria TV, and there have been many similar programmes over the years talking about the redenomination (most of which never get translated into English because the RV crowd only translate what they want to hear). It's why you'll also never see the above on any RV website.
There's no doubt, details of the new note designs will inevitably get printed again with more easily sourceable links when Iraq eventually gets round to redenominating and actually sets a fixed timespan for start of changeover and demonetization of old notes. There will be virtual "wall to wall" TV / newspaper coverage in most Iraqi Arabic newspaper & TV stations during the run-up to the start of the changeover just as there was during last changeover in 2003 (and as the CBI head said in plain English during his Washington visit - "there will be 6 months of intensive educational programmes before the redenomination").
The bottom line though is that the Iraqi Finance Committee has received all the new 3-zero lopped banknotes & coin designs from the CBI ready for whenever they do eventually redenominate, this information has been broadcast on Iraqi TV & printed in Iraqi newspapers, and as is usual for currencies with high denom banknotes (and as the mentally confused RVaholics like kaperoni are in deep denial of), it's etirely possible for all the current lower denoms Iraqi notes 1000 / 500 / 250 / 50 NID's to "lop" as they will simply be turned back into the Dinar coins (fils) that they used to be equivalents of before coins got inflated out of existence.
PS: On a closely related subject:-
Delete"...This [redenomination] experience had previously been applied in countries such as Turkey, which has by deleting six zeros from the currency..." - Central Bank of Iraq
For those unaware, here's how Turkey lopped their lower denoms -> coins (page 16) during their 6-zero lop (NB: TL = Turkish Lira (old inflated) / YTL = New Turkish Lira / YKr = New Turkish Kuru (a "Kuru" is the Turkish fractional equivalent of a "cent" sub-divided into 100x units per Lira)
1,000,000 TL note -> 1 YTL note
500,000 TL note -> 50 YKr coin (0.5 YTL)
250,000 TL note -> 25 YKr coin (0.25 YTL)
100,000 TL note -> 10 YKr coin (0.1 YTL)
50,000 TL note -> 5 YKr coin (0.05 YTL)
10,000 TL note -> 1 YKr coin (0.01 YTL)
http://www.tcmb.gov.tr/ytlkampanya/dokuman/YTLproing.pdf
As usual, when faced with material such as this the RVaholics will do what they do best - ignore it, try and "pretend" it doesn't exist and carry on shouting nonsensical lies even louder.
Whispering299, when you said "Anyone can see Tony and Okie and Frank for the complete morons that they are. This is why people are flocking to Kap." I don't necessarily see it as a bad thing because it appears that there is some sort of filtration going on where the blatant idiots are starting to see the obvious trash talk by some of Douchebags. Inadvertently this will force the dedicated momo's to follow schmucks like Kaperoni who will generate an over inflated ego and then they will eventually see the same ole broken record replayed until they actually see the scam for what it's worth.
DeleteUnfortunately this could drag out a lot longer but ultimately (hopefully) the dreamers will get so frustrated they will withdraw from the scam. That is my goal to see this nightmare come to a crashing halt.
Thanks Brian. I must have completely missed that part of this saga. I did take about 6 months off away from it. I have a folder of links and articles and didn't have that particular one. When they get closer to redenominating they will surely print something similar to help educate the public more.
DeleteVinny it is a problem because Kap has gone on for so long with little opposition, well at least the opposition which hasn't gotten banned or censored, that so many who are on the edge have gotten "new life" for a lack of a better term by listening to him. Thus spending more money and lining his pockets and the dealers.
Sorry but I have been over at DV again, I really need to avoid that place!
ReplyDeleteAnyway this is so incredibly stupid I just had to bring it over, this post is bad enough because it just assumes that both Kuwait and China "RVed" their currencies but look at what he says and so far no one sees anything wrong with it!
"I was watching the news cast talk about the Al Qaida (sorry for bad spelling) uprising. I got to thinking allegedly Kuwait claimed the King died and poof the RI / RV or whatever you want to call it happened. I believe China ( I say China because I believe it was China) did a similar announcement and poof they RVed."
The Kuwati Kind died so they instantly "RVed"????? Then China announced something similar and they so they instantly "RVed"???? The freakin KING died?? Not only in Kuwait but in China also???
King dead leads to "RV" in Kuwait?? Chinese King??? Where do these IDIOTS (and no I didn't stutter!) get this nonsense? The sheer stupidity of the post is bad enough but no one challenging it?
Sorry about all the typos, I need to proof read a bit more before posting!
DeleteDoes somebody from this dinar enthusiast know what is Iraq? How it look over here ....who is interested in .local currency? it looks as only ones are american speculators, NOBODY else. Strange thinking :-)
ReplyDeletehola - Are you in Iraq now? Can you tell us what they are saying about the currency reform?
DeleteOn the road to Erbil. They have other problems than dinar! Country is one mess, hope that did not split when we are here.it is not happy place. The international comission Eu is under attack daily! Will contact later, WiFi does not work all time. Good luck ..
DeleteHola, Yeah I'm also interested in hearing about what is being said on Iraqi TV, what newspapers are credible, what are locals saying about the state of parliament since roughly 40 ministers resigned, and most importantly what is the general concensus about the upcoming elections. Clearly Sunni and Shiite are at each other's throat pretty severely while Maliki "vows" to fight the terrorist in Anbar which many believe is just a political tactic of his to gain votes.
DeleteCan anyone help me out?? I am trying to find out if "gurus" are paid for the conference calls??
ReplyDeleteHi, I answered your identical question over on the other topic:-
Deletehttp://dinardouchebags.blogspot.com/2013/12/ghosts-of-rv-past.html?showComment=1388926798043#c1659777099660632026
In short, not all get paid *for* doing them (by the conference call company), but many still make money indirectly from pumping them and keeping people whipped up into a fake state of over-excitement / anticipation addiction.