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rockfl9

Lopster
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About rockfl9

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  1. Real names of players in dinar space

    CAZ, let's be realistic , a LOP means that an RD/RI is DEAD ., NO profit. A least for a loooong time. it should be logical that when those who discover that this is a dead end deal they leave the site. I ASK WHERE WILL THE MONEY COME FROM ???? The answer is it is only FIAT money !!1 Maybe true BUT you can buy a Mercedes sedan with fiat euros or dollars DO you think you will be able t0 buy with fiat dinar? NAHHH
  2. Real names of players in dinar space

    Oh , now I know. yes you can learn about the names and pasts of the guru's. yeah could cause some concern. That could be DARK1
  3. Real names of players in dinar space

    NOT so dark. nice to get to know fellow DVers . Looks like down deep you are a regulr guy
  4. If you really want to know just Google them. They are all there . If you REALLY must know.
  5. Banking basic facts

    Money in circulation includes not only cash but ANY dinar denoted instruments , generally called M2 !! The CBI's M2 is 80T...AS of the 2016 annual report. Could be MORE today. The CBI reserves INCLUDE the dollar value of the GOLD and all hard currency, 51.5B AS of 1/2018. The exchange rate is computed as '' reserves / M2''.... $51.5 B / 80T dinar = .000643 ! YES, THEY cannot cover ALL the dinar in circulation AT the advertised rate. How can that BE??? The .000860 is only a TARGET RATE. In the real world that is not unusual. MOST central banks operate "under water " this way.
  6. Banking basic facts

    Money in circulation includes not only cash but ANY dinar denoted instruments , generally called M2 !! The CBI's M2 is 80T...AS of the 2016 annual report. Could be MORE today. The CBI reserves INCLUDE the dollar value of the GOLD and all hard currency, 51.5B AS of 1/2018. The exchange rate is computed as '' reserves / M2''.... $51.5 B / 80T dinar = .000643 ! YES, THEY cannot cover ALL the dinar in circulation AT the advertised rate. How can that BE??? The .000860 is only a TARGET RATE. In the real world that is not unusual. MOST central banks operate "under water ".
  7. Replacing worn notes

    Some notes (smalls) are getting turned over so often they are well worn and people/merchants aren't accepting them. The CBI is instructing the other banks how to exchange and recover them. I remember this happened the last time the CBI attempted an RD. When it didnt happen they went ahead and printed a new batch after the people complained. The reference to the exchange of smaller denoms only means that if the customer turns in a worn 10K it is ok to issue 2 5Ks instead. Would be logical to me but they may have to make it perfectly clear.
  8. Replacing worn notes

    Some notes (smalls) are getting turned over so often they are well worn and people/merchants aren't accepting them. The CBI is instructing the other banks how to exchange and recover them. I remember this happened the last time the CBI attempted an RD. When it didnt happen they went ahead and printed a new batch after the people complained. The reference to the exchange of smaller denoms only means that if the customer turns in a worn 10K it is ok to issue 2 5Ks instead. Would be logical to me but they may have to make it perfectly clear.
  9. The "REAL" dinar

    Well U R right .... Nothing has happened. But it has only been 12 years.. Cant expect change OVERNIGHT, Some things you just have to WAIT FOR!!!!!! Just finished my taxes so I'm a little giddy.
  10. The "REAL" dinar

    Easy isn't here.. Check in RUMORS that is usually where he hangs. Some people cant handle the truth
  11. The "REAL" dinar

    I know there is a rumor that there is no gold in Ft.Knox. But that doesn't matter. The USD is good almost anywhere in the world. In fact , it is even preferred to the local currency. Even in Iraq. What's in your wallet?
  12. The "REAL" dinar

    Hi GregHI:: Think. The reason the "sadam dinar " lost value it was printed without any backing .. It was worthless from the start. There was NO value., nothing to DISAPPEAR. That was a long time ago , I dont think there were any investors in the Sadam dollar. When it comes to dollars or euros only the UST or ECB can produce them . They have the VALUE to buy things in exchange in the free world. You cant say that about the IQD.
  13. The "REAL" dinar

    Do you think i am crazy?? If I dont believe the dinar is a sound "investment" WHY would I have any skin in the game". Call that a bias if you like. I ask the crucial question "Where will the money come from ?? " and noone has an answer.. Millions of dollars will have to appear from thin air! THAT is not possible.
  14. The "REAL" dinar

    Skeetdog: Thanks for the smiley. You are right it should be Kuwait... I do reread and try to be accurate , I will be more careful. But I am interested in your thoughts regarding increasing the value of the current dinar. I'm willing to listen. rock .
  15. The "REAL" dinar

    What a coincidence ! I just got a call for a BANK that I refused to buy dinar from 10 years ago. They are offering me one last chance.
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