Tuesday, February 4, 2014

February Update


In October of 1975 the aging and ailing leader of Spain fell into a coma.  The nation prepared for the transition of power upon his death.  The funeral was planned.  The participants for the ceremonies were all ready.  The media was there to cover all of the events as they unfolded.  There was only one problem.  The old fart wouldn't die.  For three weeks Francisco Franco lingered somewhere between this world and the next as millions of people waited for news of his death and were repeatedly disappointed.  The evening news would include the same report every night that Generalissimo Francisco Franco of Spain was still clinging to life.  Finally he was removed from life support and the announcement came that Franco was dead.  You could almost hear a collective exclamation of "FINALLY!!!" from millions of people who were tired of waiting.  Following his death Chevy Chase did a running joke on Saturday Night Live's "Weekend Update" that Generalissimo Francisco Franco is STILL DEAD! 







In a similar manner I'm here to announce that the RV scam is still clinging to life.  January 2014 has come and gone with no RV, no GCR, no float, no full membership in the WTO, no internationally traded dinar .... etc.  And yet the hype continues.  Hopefully soon somebody will pull the plug on this thing and millions of people can get on with their lives.

Gurus were pumping away in January proclaiming that the RV will be revealed in the new budget, and that the issuance of bonds will bring us our blessing.  All nonsense of course, but it seems to work.

On the other hand, Marcus Curtis from Iraq Currency Watch has re-emerged with his insights from years of research as both an investor and a former investor.  His post "That's a Fact Jack - 40 Facts" shook a few people up by debunking many commonly held beliefs of dinar investors.  This came on the heels of a few other excellent posts on his blog.  Stryker went semi-postal in his "rebuttal", calling Marcus "Bozo".  Marcus has now issued a clarification to his post.  Good to see Marcus back in action.

Over the past few months a site called Baghdad Invest has also joined in the fun, sharing some of my thoughts and exposing a bit of douchebaggery themselves.  On Dec. 31 they did a post revealing that "Breitling" was trying to pull a fast one on his followers by sending them to this great dinar news blog owned by some guys he knows, when in fact his Google advertising ID comes up in the source code.  (Coincidentally he started pumping the site shortly after I wrote about the success of the rumour sites Dinar Guru and Dinar Recaps.)  The bottom line is Breitling is getting ad revenues produced by the traffic he generates by sending his followers to that site.  This is essentially the same thing he did with the ISX Report produced by some guys he knows but for some strange reason Breitling's company's name came up on the PayPal page when you ordered the report.  Breitling is pretty easy to see through.  He's claiming to be an investment expert so that he can make money off of the people who don't know any better than to listen to him.  Unfortunately a few of us are watching him and making that more difficult with each new scheme.  Like the LDHL penny stock he pumped, which some poor shmuck apparently bought at $1.50 before it tanked back to below $1 and is now in a trading range between 40 and 50 cents.  (LDHL, LDHL II)  Then there was REIC, a real estate MLM scheme he promoted whose founder was reportedly fined $75,000 for defrauding investors.  And both of these followed years of hyping the RV of the dinar (whose value has remained remarkably stable for five years now) and the Vietnamese dong (which has steadily lost value).  Great track record, huh?

http://www.baghdadinvest.com/is-breitling-report-telling-the-whole-truth/



Also at Baghdad Invest a guy named Zahlid shook some folks up when he mentioned that the redenomination would take place prior to the election in late April, and that there will be no exchanges outside of Iraq.  This is the worst case scenario for dinar investors, and I have discussed the possibility several times in this blog.  While it's impossible to say at this point whether or not Zahlid is the real deal, the risk of illiquidity has been there along along.  John Jagerson discussed this in his videos from 2009.  Several of my readers have also shared their views on how this will play out.  While many dinar investors have stated that Iraq could never get away with screwing over investors like that, the fact of the matter is Iraq has stated all along that the dinar was for use IN COUNTRY, and they have been up front about their intentions to replace the IQD with a new currency.  If this scenario occurs, the screwing over will have been done by the scammers, not the Iraqis.

http://www.baghdadinvest.com/iraqi-dinar-revaluation-strong-thoughts-jack/


And back in Iraq, the cities of Ramadi and Fallujah were reportedly taken over by Al Queda.  The death toll for January topped 900 as the wave of violence continues.  But not to worry, everything's just hunky dory for our "investment".  Just keep listening to updates from TNT Tony so you'll know when it's your turn to cash in.  (That was sarcasm, by the way.)


And finally, our own Brian Simpson (well, we don't own him but I consider him family) did an incredible post on the GCR (Global Currency Reset) scam at Baghdad Invest.  You won't find this at Dinar Recaps, but with his permission I'd like to include it here.


..... the GCR as it is being pumped is total nonsense. Even most “GCR” proponents can’t explain what they’re trying to pump beyond throwing round a few buzzwords like “fiat” and “fractional reserve banking” (and then laughably attributing them only to the USA). There’s about a dozen different variants depending on which conspiracy forums you read. They mumble something along the lines of “Some will rise, some will fall, it will be based around resources, look beyond the fiat!” then go very quiet when you ask them to put up actual facts (and not just feel-good soundbites or “shared hope”) and spell out the exact mechanism on which currencies are supposed to be “reset” by, what “resources” and what “pegged rates”, which centrally planned global organism will determine these “rates” instead of the market, how they’re going to cope with countries lying about ‘discovered’ resources, why on earth would you count “all oil reserves” when most extracted oil gets either internally consumed or exported for someone else’s consumption, who’s going to accept 50/60/75/100 year IOU’s from the bank for the oil & minerals that wont be extracted / mined until 2065/2075/2090/2114AD and are actually in a usable form that people can actually exchange with the currency it’s supposed to be backing (otherwise it’s nothing more than another paper commodities futures contract), etc.

Years ago someone proposed a “one world currency reset” by redenominating all currencies to the same value (as happened with the Euro countries with the introduction of the Euro). Of course, it didn’t take long before the “RV” guru’s & pumpers (and tin-foil-hat brigade) jumped on it and rewrote it as some “mega global RV” which has done nothing but confuse a lot of people. In reality, all there is, is some rather desperate people trying to convince themselves that “If Iraq won’t RV itself then everyone on the planet will be RV’d, yes that’s it, that must be the ‘explanation’ for my ‘windfall’!”. LOL. It’s total gibberish because the Iraqi Dinar simply isn’t undervalued even with all Iraq’s “resources”, and Iraq’s annual $100bn oil exports wouldn’t even back 0.11% of a $85,000bn “$1 rate RV/GCR”! The problem is not what “backs” it ($ vs oil vs gold) it’s that there are 85,000bn IQD in circulation vs only 31bn KWD – the one thing RV / GCR guru’s repeatedly run away from as it instantly debunks the entire “the Dinar is undervalued and is just waiting for…” false premise.

Iraq only has $1.2bn worth of gold. If you tried to “back 85tn Dinar” solely with that, you’d end up with an equivalent $ rate of 70833:1 (60x LESS)! Even if it “doubled overnight” Jim-Willie-style it would still only be worth $3bn (and Iraq would still have 85,000bn paper money).

Basing a currency’s value on vague unspecified “resources” simply laying in the ground as Jan claims, is total nonsense. As for “backing the Dinar with oil”, Iraq may have 140bn barrels of oil (which at $100 oil price = $14tn assets) – BUT that $14tn worth of oil is going to be spread over the next 127 years in the form of 3.0m barrels per day actual production. If Iraq increases exports to 4m barrels, that $14tn of oil will still be spread over the next 96 years. Some highly deluded people genuinely think all that 140bn barrels will all be magically teleported out of the ground in 2014 and donated to the CBI, and stuck in some giant warehouse for “backing the Dinar” tomorrow without a single drop being sold or used ever again…

No country is going to “squeeze in” every single year’s economies from 2014-2141AD’s all into 2014 currency’s valuation (the absurd GCR in a nutshell). You could make the same argument with the USA and claim the US Dollar “is going to skyrocket” if you “count” 127 year’s worth of future US exports which = $194tn or 13.8x Iraq’s worth of oil reserves. LOL. Iraq has 85tn Dinar and 140bn barrels of oil or basically, enough to “back” 607 Dinar with 1 barrel worth $100. Except they don’t because Iraq will consume around 1/5 to 1/4 of it themselves and export virtually all of the rest to non-Iraqi’s – in both cases all that oil is no longer available to “back” the Dinar!

Same with minerals, if you have 1m tons of aluminum “resources”, you dig it up and use 300k tons to build stuff and you sell 700k to other countries, how much do you have left as “currency backing” just sitting there in a pile doing nothing? None. People dig up oil & metals to use or export, and once it gets used or exported it’s not available for “backing” anything. This is why simply quoting a nation’s “reserves” and assigning an arbitrary “GCR exchange rate” to the currency based on that is absurd.

It’s also comically inconsistent. Apparently “Canada’s going to fall and Iraq’s going to rise due to Iraq’s oil”. Which is hilarious given that Canada (175bn barrels) has 25% more oil than Iraq (140bn barrels) and a whole lot more other natural resources. China will also LOSE out due to being a net IMPORTER of virtually every raw resource going from oil & LNG to iron, copper & aluminum, titanium, uranium, etc, to coal, timber, rubber, etc. Why do people think they’re running around Africa & South America buttering up the locals? Because they don’t have enough resources to sustain even what they consume (let alone surplus leftover to “back” 110tn Yuan at some wonder high rate)! Yet more proof that the people shovelling this GCR conspiracy haven’t even bothered to research any of the countries they’re pumping.

And using non-recyclable resources (like oil) as a “currency backing” as an inflation hedge is also totally backwards & contradictory. As each year goes by, oil gets burnt up or sold to someone else to burn up and is no longer available. Iraq can’t keep it in a vault for all eternity, they have to constantly sell it (to fund central govt in place of taxes) / or burn it internally (transportation, oil power stations, construction, etc) out of necessity. Every time Iraq burns or exports a barrel of oil that oil will no longer be inside Iraq “backing the Dinar” – making whatever “GCR resource peg” more and more OVER-valued as each year goes by.

If Iraq has 140bn barrels of oil and sells oil at 1.1bn barrels per year (and consumes more internally on top), then as each year goes by, its “resources” backing its currency increasingly dwindle and they’ll need to LOWER the value of their currency peg vs oil with an endless stream of annual DOWNWARD RV’s because if they lose currency-backing-resources each year, then their resource-backed-currency will lose value each year too! And all the while their population is growing they still have to print more money for liquidity purposes, amplifying the effect. What “Genius” came up with that? Avoiding “inflation” by using a constantly dwindling resource that’s naturally permanently inflationary? LOL. :-D If you want a hedge against inflation, you don’t peg your currency to an asset which shrinks each year (oil) as that’s exactly the same long-term effect as “printing too much fiat money and not having the resources t back it” :-D

There’s just as many “GCR guru’s” spewing out junk economics as there are “RV” guru’s. Many people cling to this because they’re deathly afraid of admitting Iraq is going to redenominate and are left trying to find some alternative “magic millionaire elixir” to “allow” Iraq to keep 85tn Dinar and “somehow” magically make it “more valuable” to avoid admitting the blatantly obvious “elephant in the room” - the Iraqi Dinar is 3,000x weaker than the Kuwaiti Dinar simply because Iraq have printed 3,000x more paper money than Kuwait… A vastly disproportionate people hanging round GCR conspiracy stuff are either “Doomsday gold bugs” predicting “imminent $5,000 gold prices” every month since 1999 or are Dinar holders who’ve realized the absurdity of a “100,000% RV” for Iraq, yet strangely see nothing wrong in extending the same contorted logic to the whole planet to try and keep “the dream” going… 







28 comments:

  1. Wow.....great post Brian. Dontlop is the first to come to mind while reading your post. He is constantly spouting off how Iraq is going to back its currency using its oil reserves which of course is nonsense. He has even gone so far to suggest that infrastructure and private property such as houses and bridges and such could be used as backing. LOL....of course he gets an open platform to spread such lies since the vast majority of intelligence has been banned from DV. Now his latest hype creation is the notion that Iraq is going to "remove" 35 trillion dinar from circulation by selling gold. Hahaha....sad thing is......DV is full of people uneducated enough to believe this stupidity and that is exactly what Dontlop is counting on. He has done his job as long as he creates glimmers of false hope to the sheep or the newly introduced "investors" of dinar.

    Thanks Sam for the update. Lets hope Iraq gets it together soon and redenominates the dinar.

    GO LOP!!!!!!!!!!!

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  2. http://www.clarionledger.com/article/20140204/BIZ/302040003?gcheck=1&nclick_check=1

    U.S. Rep. Bennie Thompson is warning Mississippians against the purchase or exchange of Iraqi dinars:

    The state’s 2nd District congressman released a statement Monday saying his office had received numerous complaints from constituents who had purchased Iraqi dinars and couldn’t use them or exchange them for other legal tender.
    He directed anyone who has purchased Iraqi dinars to contact the U.S. Commodity Futures Trading Commission to file a complaint or issue a tip at 1-866-366-2382.
    The dinar is not traded on any legitimate foreign exchange and is worth a fraction of a dollar.
    A federal grand jury last money indicted three men from the Toledo, Ohio, area for their roles in the operation of a $23 million fraud scheme involving the sale of Iraqi dinar currency and two nonexistent hedge funds.
    Investors lost about $23.8 million from dinar sales, according to the indictment.

    There goes the number folks.
    U.S. Commodity Futures Trading Commission to file a complaint or issue a tip at 1-866-366-2382.

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    Replies
    1. Here's what Adam I never went to Harvard Montana has to say about it:

      Posted Today, 11:17 AM
      This is a non-news story - it's the opinion of one person, and a misinformed one at that.

      The dinar IS traded, who cares if it's a "fraction of a dollar", and filing a complaint on a legitimate transaction is horrible advice. Jerks like this is what clogs up our bureaucratic system in the first place... why should someone file a complaint? If they paid for Dinar, and received Dinar, they weren't ripped off or scammed.

      SMH


      Read more: http://dinarvets.com/forums/index.php?/topic/171596-congressman-bennie-thompson-dont-buy-iraqi-currency/page-2#ixzz2sPhB79zv

      It's sad reading the denial from DV members about this. I also saw an article Yota posted about Iraq not being accepted into the WTO for another 2 years and it was considered "smoke" by DV members. The denial they have is a disease. These guys need serious help. I know Adam would come out and calm his sheep about what this Rep had to say. Can't afford to lose anymore VIP suckers. FOOLS. ALL OF THEM!

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    2. Let me get this straight. Don't listen to politicians. Don't listen to the banks. Don't listen to the investment advisers. Don't listen to the BBB. Don't listen to the DOJ. Don't listen to any of these guys because they're either ignorant or they're in on the plan and want to discourage us. Just listen to honest Adam and other anonymous gurus who say it's not a scam.

      Adam is a fraud, and so are most of the douchebags I've written about. Of course they're going to dismiss what this congressman says, because what he's saying hits them in the pocketbook. The fact of the matter is there is a HUGE liquidity problem with the IQD and it's only getting worse. As Brian Simpson pointed out the dinar listings on eBay have gone from a few dozen a couple of years ago to over a thousand today. Banks won't touch it. Dealers are making it more and more difficult to exchange. You can't spend it on anything outside of Iraq. It's just a matter of time until they introduce the new currency, and when they do a lot of people could very well end up with worthless currency. That's why this congressman is speaking out. Kudos to him for doing so. I wish more would.

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    3. Couldn't agree more. Now they're saying on DV that if more politicians speak out about it being a scam they know the RV is close!!?? Like I said, they've created their own reality and they know everything. Where's the run foil at lol.

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    4. Indeed Sam. The "elephant in the room" questions everyone needs to stop, take a deep breath and ask themselves are:-

      1. "If the Iraqi Dinar is really about to shoot up in value, then why is everyone still trying to sell their Dinar to me, and doing do year after year, even offering to lock in a future rate for months at a time when buying on credit?". Put yourself in their shoes - why aren't YOU selling your Dinar BEFORE it's supposed to shot up 1,000x in value to other people like the MSB's did to you? Do you think people like Dinar Trade, Treasury Vault, etc, "haven't heard" about the "RV"? Why do you think they aren't hoarding Dinar? Where do you think their profit comes from in selling Dinar for USD's?

      2. "If it's some 'big secret for the chosen few' then why is every guru talking about it and why are Dinar so easy to get after years of everyone talking about mythical "shortages"?" If there's some "big shortage" of Dinar, why do the MSB's never run out of freshly printed imported banknotes, year after year? Why does Iraq's money supply continue to go up? Why is the street / market rate of Dinar *lower* than the pegged rate?

      Some will grasp the blatantly obvious contradictions instantly, some will take a little longer, but for some other "believers", any and all common sense will be almost permanently shut down on the promise of free money ("blinded by greed" is no longer an insult but a very real observation of how some people react), and even when Iraq does eventually redenominate, they'll concoct some swivel-eyed half-baked conspiracy theories of how it was going to happen but "got canceled at the last minute", blah, blah, etc, etc, to reassure themselves they haven't been conned out of pride / cognitive dissonance...

      Earlier this year I predicted 2014 will be a good year for RV debunkers. It's only February, and sites like DinarDoucheBags, Baghdad Invest, Mr IQD, etc, are all doing exceptionally well, EBay of sales of Dinar are up (by people bailing out), and more and more officials are now speaking out on it, making the guru's look increasingly desperate conspiracy nuts whose only remaining weapon" is Orwellian Doublespeak propaganda as each week goes by.

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    5. Good stuff Sam and Brian. If the dinar is a "secret", as the clowns and their mindless followers claim, it must be one of the worst kept secrets in the history of mankind. Based on the sales figures from MSBs, conservatively, there are at least 6 million people worldwide that are in on the "secret". I suspect it's probably closer to 10 million. After 10 years of endless hype, it may even be more. Who knew that a "secret" could be so widely known? LOL!

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  3. Great article DD, just listened to Tonys last blast and he says he's not going to take the contract rate. I've tweeted 390 times and I'm finally getting through to the zombies. I've had 78 people retweet my posts just in the last 2 hrs and a couple of tweets telling me to go back to sleep lol

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    Replies
    1. You go back to sleep??!! Shouldn't it be the RV dreamers that should go back to sleep? LMAO...

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  4. here is more of the normal BULL that BGG and that moron POPPY3 come up with. now they have millionday as part of their pumping crew........................here is something BGG posted on his public website that requires no membership............. BGG - Article: ”35 trillion dinars in circulation“ ~ HUGE ARTICLE!! Points out pretty much what I described initially. Looks like to me, they are looking to reduce the amount of currency in circulation. This says good things for us in the future. Once you get past the “timing issue” – there is no way they are lining up for a LOP. Why take this measure if they were??

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    Replies
    1. This is just further evidence these gurus are realizing that they alone are ineffective and need to display in force. When their information as a group becomes disregarded then they begin to disintegrate further. I can't wait to see all of these morons get crushed. What idiots like Pooopy3 will accomplish is christians falling out of faith because many equate their belief with "God's financial blessing" and that their will be a real shame.

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  5. All. If you look at the Kansas Court Dockets and filings...TNT Tony Renfrow was in court for fraud and other activities. I am trying to get the filing of the results and will post it. I am hoping this scam is almost over for everyone...or close to it. I love reading the daily recaps. I am just humored at the things they choose to publish...and the posts for comments they choose to publish. I really don't think people are posting those comments...rather the con men are posting with these fake names. Surely no one continues to believe this after the repeated misinformation and false information...and continuing "it's happening" and then them blaming the US government for why it isn't happening. Such BS...Surely people are not continuing to believe this crap daily.

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    Replies
    1. You'd be surprised at the idiots that ignore facts and logic and make up their own reality about the dinar or anything else. The majority of hardcore RV believers are conspiracy nuts and from the south. Coincidence?

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    2. His court date has been postponed to march 25 at 930 am, but it's a good thing from the info I've gotten

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  6. Here's a perfect example of delusional dinarians...LGD responded to a ridiculous pumper bank story at WF about someone turning down a $1.10 rate for her dinar:

    OK, though I sometimes do peruse the jokester section I nearly never post here.

    But as a person who does actually bank at WF I must respond.

    Last Friday after getting off from work I drove to the nearest WF branch to cash my

    paycheck. I wasn't in the best of moods and therefore didn't really want to talk about

    anything. However the teller that got unlucky enough to serve me, well she wanted

    to know my life story. This is not my normal branch, so I decided to push the envelope

    while being polite. I answered her questions about my new job and that led into

    my brief stay in North Dakota. I noticed that some lady was standing behind the three

    tellers observing and listening to everything. My teller asked me how do I want my cash

    back? I shrugged my shoulders and said,"just as long as it's green". She then said

    ," do you want blue green, yellow green, or pink green"? My face surely told her I had

    absolutely no idea what she was referring to as she proceeded to explain to me the

    off colors of the dollar. While I knew that, I had never heard someone refer to it like that.

    And certainly didn't know the new hundreds were bluish in color. She pulled one out

    to show it to me and I couldn't help myself, I had to test the theory that WF will ask

    anyone who brings up dinar to leave. I said to my teller, "that's very interesting. There

    Is another currency in this world that looks similar to that".

    She said,"Really"?

    To which I replied just loud enough for most to hear, " sure, it's the Iraqi dinar".

    It was all I could do not to bust up laughing at her expression upon hearing the

    word dinar. I even notice the lady standing behind moving my direction. I giggled

    slightly and in a lower voice said, "oops. I know were not allowed to use that

    word here". My teller nervously smiled. And the lady standing behind was now

    letting it be known I probably should drop it. Sorry but if I can get your goat

    you're in BIG BIG TROUBLE. LOL. With as straight a face I could muster I said,

    "The real question you should be asking is why in the world would the U.S. TREASURY

    copy the safety features of a third world currency"?

    Funny thing is when I entered the bank I didn't want to be chatty, when I left

    my teller didn't want to be chatty. LOL.

    No one asked me to leave, but I knew that was coming next. So we seriously

    doubt that anyone at WF will be asking you about dinar.

    Read more: http://dinarvets.com/forums/index.php?/topic/171619-best-bank-story-ever/#ixzz2sPnJ3WnO

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  7. @Sam: I would like to propose something to you and/or other forum posters. I am quite new to researching the scam that is the Dinar (5 months). After spending hours reading this forum, DV, etc., I found myself continually encountering new words without having explanations for the same. Would it be at all possible to add a "Dinar-Douchebags-Dictionary" for some of the most commonly used words that are unfamiliar to the vast majority of nascent researchers (ie: "lop", "lopster", "RV", "M1" to "M3" money supply categories, etc.)? I am now familiar with most of the terminology since I did my own research, however, I believe this site may greatly benefit if something as described above were to exist.

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    Replies
    1. That's a good idea. I'll have to start working on that. I've been in this mess so long I forget what it's like to be a newbie.

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    2. Google is your friend Slingshot. If you google m0 m1 m2 the first two links are for the wikipeida and the investopidia, both have good articles (m3 - m5 mostly are not reported these days by anyone). In brief
      M0 = physical currency outside of central bank related banks.
      M1 = M0 + on demand deposits (checking, savings or anything where you can say "I want my money now" and get it with out any penalty).
      M2 = M1 + non on demand deposits, Like a CD where early withdrawal has a penalty, and all sort of other stranger financial instruments. The simpler the economy the closer M2 will be to M1 and for Iraq its "only" 10T higher.

      Specific dinar terms are a bit more difficult.

      RV is of course the ReValuation of the dinar, and usually means a revaluation by a huge amount, like at least 10x or 1000%. Technically any change in the exchange rate of a pegged currency is an RV, just a tiny one. Those happen all the time. But when a believer talks about "the RV", they mean a huge (i.e. impossible) one.

      LOP is a term that comes from lopping off the 3 zeros i.e. an redenomination or RD, though many believers convince themselves that this will be a lop only of the exchange rate or some such foolishness. While Google might not immediately find that definition, it will have no problem with "redenomination". I think it came about to make it sound less credible instead of calling it what it is, a redenomination. I've also seen this called a "bunny ear" but less so now then a few years ago and do not know the etymology of the term.

      LOPSTER is a derogatory term for someone that thinks Iraq will LOP, or RD. Though its often used to refer to anyone who says negative things about the RV. In a way its symbolic of the entire mess as the key fact is NOT that Iraq will or will not RD (or LOP) and no one can know that. Even people in Iraq do not know this as its not just one persons decision. They key is that Iraq CAN NOT RV by more than about 15%. But it is likely easier for the believers to deal with people they view as believing that an RD WILL occur, than that an RV CAN NOT occur. So they call such folks LOPSTERS. And it has a nice ring to it and comes with all sorts of pot boiling jokes etc.

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    3. I likely should have added that you will also commonly see M0 called "base money", M1 called "narrow money" and M2 called "broad money". "Money supply" can refer to any of them, but most often is M1 or M2 as there is rarely any point in addressing only physical cash as money goes very freely between M0 and that part of M1 not in M0 (e.g. your checking account).

      Delete
  8. here is even more BS from 'ol poopy. he really is in a fantasy world. I guess he is referring to the post by TD yesterday claiming he is selling his dinar and retiring. funny think is, TD's posts have been comical. one minute he says one thing the next post is usually a 360 degree turnaround from his previous post. he is just some moron that has no idea what he is talking about. maybe Sam can research this idiot. in the meantime, poopy has reassured the sheep their BLESSING is coming.....LOL!.........

    Poppy3 - MY RESPONSE TO OLD TD’S RETIREMENT AND SELLING HIS DINAR—- …AS FAR AS I AM CONCERNED NOT ONE THING HAS CHANGED EXCEPT WE ARE CLOSER TO WHAT I ORIGINALLY THOUGHT WOULD HAPPEN THAN WE WERE WHEN I BOUGHT MY FIRST MILLION. ME AND ALL MY RICH FRIENDS WILL BE CELEBRATING AND EATING BBQ IN SHORT TIME…

    and more...........

    Poppy3 - THE NEWS IS ALL FINANCIAL AND GOOD PROGRESS. I AM HEARING THAT THE MILITARY ACTIONS TO REGAIN SECURITY CONTROL WILL HELP ALL THE EFFORTS TO RV. …IT IS…SOUNDING LIKE THEY ARE GETTING POSITIONED FOR MORE BANKING PROGRESS. I AM TELLING ALL OF YOU AGAIN NO ONE HAS CASHED OUT PERIOD.

    and even more from that idiot liar that calls himself BGG

    BGG - I personally think Maliki has international support for a change in the value of the IQD – which I doubt he (personally) has had up until recently. Shabibi had it…now that we are at this stage I believe he has it (for a smaller number)…I don’t think he has had such “universal” – (Iran, US, EU, etc,etc…) support in the past.

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  9. Women Tortured & Raped In Iraqi Prisons, HRW Says


    BAGHDAD, Feb 6 (Reuters) - Iraqi authorities are detaining thousands of women illegally and subjecting many to torture and ill-treatment, including the threat of sexual abuse, Human Rights Watch said in a report published on Thursday.

    Many women were detained for months or even years without charge before seeing a judge, HRW said, and security forces often questioned them about their male relatives' activities rather than crimes in which they themselves were implicated.

    In custody, women described being kicked, slapped, hung upside-down and beaten on the soles of their feet, given electric shocks, threatened with sexual assault by security forces during interrogation, and even raped in front of their relatives and children.

    "The abuses of women we documented are in many ways at the heart of the current crisis in Iraq," said HRW's deputy Middle East and North Africa director Joe Stork in a statement accompanying the report, titled: "'No One Is Safe': Abuses of Women in Iraq's Criminal Justice System."

    "These abuses have caused a deep-seated anger and lack of trust between Iraq's diverse communities and security forces, and all Iraqis are paying the price."

    A spokesman for Iraq's Human Rights Ministry said the testimonies in the HRW report were "over-exaggerated," but acknowledged that "we have some limited illegal behaviors which were practiced by security forces against women prisoners," which it said had been identified by the ministry's own teams.

    These teams had referred their reports to the relevant authorities, "asking them to bring those who are responsible for mistreating female detainees to justice," the spokesman said.

    "Iraq is still working to put an end to prison abuse and, with more time, understanding of law and patience, such illegal practices will become a history," he said.

    The 105-page report is based on interviews with imprisoned Sunni and Shi'ite women and girls, although Sunnis make up the vast majority of the more than 4,200 women detained in Interior and Defense Ministry facilities, HRW said.

    The release of women detainees was a main demand of Sunnis who began demonstrating late in 2012 against the Shi'ite-led government, which they accuse of marginalizing their community.

    Security forces cleared one of two Sunni protest camps in Anbar province in December 2013. In the ensuing backlash, militants seized the city of Falluja and parts of Ramadi.

    Since then, more than 1,000 people have been killed across Iraq, according to Iraq Body Count, and the army is preparing for a possible ground assault to retake Falluja.

    One woman who entered her meeting with HRW at a death row facility in Baghdad on crutches said she had been permanently disabled by abuse, displaying injuries consistent with the mistreatment she alleged.

    Seven months later, she was executed despite lower court rulings that dismissed charges against her following a medical report that supported her accusations of torture.

    HRW described Iraq's judiciary as weak and plagued by corruption, with convictions frequently based on coerced confessions, and trial proceedings that fall far short of international standards.

    If women are released unharmed, they are frequently stigmatized by their family or community, who perceive them to have been dishonored, HRW said.

    "Both men and women suffer from the severe flaws of the criminal justice system. But women suffer a double burden due to their second-class status in Iraqi society," HRW said. (Additional reporting by Ahmed Rasheed; Writing by Isabel Coles; Editing by Alistair Lyon)

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  10. Thanks jrg for your response. Please note my original post and intention. I realize that 'Google' is a crucial tool for researching meanings of some of the above terms, however, the vast majority of people on the brink of douchebag-enlightenment will not go through the trouble.

    My point is this: let's make this site even better and accomplish its' intended function by providing ALL the tools some of these motivated and potential converts require. You must note and are clearly aware of the fact that Dinarians spend their time in a hypothetical dreamscape and tend to squeamishly and quickly depart logic and objective facts. Telling them to go perform research on Google is one of the worst losing strategies I have ever encountered; this is precisely why so many people find themselves in this predicament. It is also quite obvious that some of these blind Dinarians need to be literally slapped in the face with factual information (even this tends to not work on some of the biggest mental midgets... 'DB' and 'DontLop') in order for them to round the logical curve of enlightenment. If this site were to readily provide this information to visitors, they would find themselves in a virtual shooting gallery of fact and be given zero chance of escape due to their needs of 'looking up terms on Google'.

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  11. I have to agree with Sling_shot here, telling a Dinarian to do any kind of research is an exercise in futility since their only concept of research is to seek out only what they want to see and discount anything that conflicts with what they so desperately want to believe.

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  12. Personally I doubt there are very many folks who are willing to come here and click on a definitions page and accept what it says, yet are not willing to goolge those same terms. But Having a definitions page is a fine idea Slingshot. It can't hurt and maybe it will help some, so sure. Generally I think the "believer" gets to that state in a more complex fashion with the blending of greed, desperation, hope, fantasy, the "but what if its true" idea, and mostly the way they have learned to get data and make decisions, their reasoning habits and practices etc. and less just due to being a "mental midget". So I'm not sure what is or is not a good way to get them to see reality. Is it figuring it out for themselves or is it hearing it from "authorities", or ? If someone asks I am usually happy to offer, but also try and get them to use the tools sitting at their fingertips like google.

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    1. I agree, though it is an idea to have a definitions page the lazy and blind believers will most likely write off the definitions as "opinionated information" rather than truth because quite frankly if they really cared to know the truth they would google it. That is the precise reason why so many of these suckers remain vulnerable because they lack motivation and quite frankly just love the feel good story lines that are spoonfed to them in the diarrhea (dinar) forums. Much like leading the horse to water. I'm convinced that the vast majority of dreamers are willing to lose what they've put in a stick it out to the end.

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  13. So I am from the South, I never went to Harvard, I own some Dinar, I have heard all the gurus, I have heard from most the haters....
    There is just one thing that bothers me at this point.... can you big brains please wrap your minds around this article and respond?

    http://www.uragency.net/economy/484-2014-02-25-18-36-25.html

    Here is the translation link:

    http://translate.google.com/translate?depth=1&hl=en&nv=1&prev=/search%3Fq%3D%25D8%25A7%25D9%2584%25D8%25B9%25D8%25B1%25D8%25A7%25D9%2582%2B%25D8%25A7%25D9%2584%25D8%25AF%25D9%258A%25D9%2586%25D8%25A7%25D8%25B1%26lr%3D%26hl%3Den%26tbs%3Dqdr:d&rurl=translate.google.com&sl=ar&u=http://www.uragency.net/economy/484-2014-02-25-18-36-25.html


    Please don't use big words I may not understand.

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  14. Well today is the day that I learned that the RV or whatever is a scam. I suppose I am glad that I choose to "invest" in the Vietnamese dong. Luckily I should be able to re-coup most of my "investment". I suppose the reason that I fell for this is lack of trust in the government. It seems that I am a fool. Honestly, how I learned of this scam was through "the office of Poofness". Now that I am facing reality and not fantasy land I see that I have been a hopeful idiot. I guess I am a lucky idiot. Ultimately, this has been a learning experience. Honestly, again, I'm glad that I found out before the travelx re-exchange period from dong back to dollar ran out. What through my hopes over the edge was the BBC article on the whole thing. The IMF dismissed the whole thing as being "completely fraudulent". Lucky me, my tom foolerie only cost me about 20-50 bucks. All in all I suppose I have to liken it to learning how to wake up from a dream. In the real world you have to earn what you have. There's a lot of "poof" to this whole thing. A lot of people are poor. So it's easy to sell them hope. Especially, about economic concepts the layman don't really think about to much.

    This is the second time in my life that I have been scammed. You know I am definately learning not to look up when someone says "gullible's written on the ceiling

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    1. Welcome to reality, Curtis. It's not so bad. At least now you can focus on getting rich the old fashioned way. Good luck to you.

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