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Dinar "Intel": An Oxymoron?


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Here we go again:  frustration over all the "Intel" that's out there.  "Intel:"  what does that REALLY mean?  Isn't that word short for "Intelligence?"  Doesn't it mean "accurate information?"  If that's so, how can so much (if not ALL of it) be wrong?  Shouldn't it be called "Gossip?"  The lies and misinformation are bad enough.  But have you ever stopped to think what those who promote this "Intel" have as a reason for sharing it?  I learned a long time ago that in life, (especially in business life) there is always money as the foundation for any "deal."  This Dinar Land -- as uncertain as it is -- still has money for its foundation, whether it's Euros, USD, VND, IQD, or any other currency.  It's ALL about money.  I promise you, someone is making money right now in all this and with all this information.  Who could it  be?

 

In the stock market, a common practice is called "pump and dump."  This is the practice of someone driving up the price of a stock by putting out a bunch of almost unbelievable good information about the company which encourages an inordinate number of people to buy the stock.  And when a bunch of folks buy a stock, the price goes up and keeps going up while the information is being passed around.  At some point in this process, the person or persons who started the story and have therefore "pumped" the price of the stock up simply sell their stock, cashing in on the artificial increase in the value of the stock.  That's "dumping" the stock and making money.  I think this same process has been adopted by some of the Dinar Gurus.  I am certain that some if not all of them have some type of relationship with the Dinar Currency Sales companies.  Almost cyclically we'll hear a bunch of good dinar news that is shared universally by the Gurus on their blogs and emails which talk about "it's about to happen; my brother's banker told him to get ready to come in;  my banker who has never even talked to me about dinar asked me how much I had and that it was going to be worth millions next week," etc.  When these stories hit the internet, what do we do?  We get on the phone, call our dealer, and buy some more.  It's the Dinar version of "pump and dump."

 

Do I believe that the dinar is going to be worth more very soon?  Yes I do.  Have I been victimized by pump and dump?  I don't know if I'm a victim, but several times I've call and bought additional amounts of dinar.  Has what has been predicted by every Guru at one time or another happened -- the RV?  No.  Is it going to happen?  I certainly hope so!  But I've forced myself to relax, watch the REAL news about Iraq, its political processes, and its economical news INSTEAD of listening to the gurus.  I'm not a stupid person.  I can make decisions based on facts.  But, alas, in Dinar Land, very few of my decisions so far have been made for any reason other than emotion.

 

Do I believe in Guru Intel?  Not really.  And I think the following best illustrates why I don't.  This was posted on one of the well known guru blogs this AM:

 

  Note from Deep Source(s):
"Please note: Intel that is being provided from us to you is indeed accurate but completely raw and does have a tendency to not follow through. There is no denying that we are all in frustration and loss of patience.It is entirely a fact that Intel being provided is real, but there are constant on-going activities that change the situation.
"

 

Hmmm......What are facts this morning PROBABLY won't be facts this afternoon because on-going activities change the situation.  "Intel?"  I doubt it.

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I too have been a 'victim' of emotion and rash purchases.  It is a challenge with any monetary transaction to keep the emotions at bay.  I have learned over the last 4 years to live my life and hope for an RV someday.  Good post Newbie you are far more a guru than anyone claiming to be a 'guru'.

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Hmmm......What are facts this morning PROBABLY won't be facts this afternoon because on-going activities change the situation.  "Intel?"  I doubt it. (quote from Big Newby)

Read more: http://dinarvets.com/forums/index.php?/topic/189144-dinar-intel-an-oxymoron/#ixzz3GhWzUUs8

 

 

".............................................................................................yes I agree!"

 

'Stay thirsty my friends!"

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I too have been a 'victim' of emotion and rash purchases.  It is a challenge with any monetary transaction to keep the emotions at bay.  I have learned over the last 4 years to live my life and hope for an RV someday.  Good post Newbie you are far more a guru than anyone claiming to be a 'guru'.

[/quote

You sound like someone who is over their head. HOPE for an RV is not a way to invest. GET OUT and save what you have . NO way to make money here.

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Guru reinman, if not this month then what month

He, like all of us ,  has no clue. If the RV is to happen, it will happen on it's own and until then, we all have our opinions and they are just that, OPINIONS. Reinman states the obvious and says "I told you so" like he knows something. He doesn't know Jack Shift. Hell, I can say that the RV won't happen until 2025  and every day it doesn't happen brag like I knew something. How brilliant does that make me? ZERO in the brilliant column. But if it DOES RV, what would I care..... I'd be on my way to the bank.

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I think the pumpers have run their course for the most part.  We are in the dump phase, meaning those who have gotten discouraged and sold have just passed their dinar onto someone else.  I could be wrong, but i don't feel like there is near the people buying dinar like they were a couple of years ago.

 

To me, the pumpers are pretty much entertainment value.  Can you imagine how boring it would be if they were'nt around to pick on?

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Right on, I was hoping he would b able to see that on his own. Reinman, come back jan 2015 and tell us again when it won't be

 

 

How about I just continue saying IT'S NOT GONNA HAPPEN THIS YEAR?!

 

You're all being SNOWED by fake "intel" meant to hype you out!!

 

If a significant RV does happen with the bills we now hold by some FREAKING MIRACLE this year, I will collapse to my knees with thanks and praise to the heavens above.

Edited by ReinMan
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If a significant RV does happen with the bills we now hold by some FREAKING MIRACLE this year, I will collapse to my knees with thanks and praise to the heavens above.

 

Hell, I'll do that anyway, regardless of when it happens be it today, tomorrow, or 5 years from now.

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IMHO anyone who claims to have intel is lying or mis-informed. Think about it, I would imagine IF a revalue were in teh works only a few people high up in the Iraqi government would know. It's not something some average Joe on the internet from his couch is going to know about. I think the fact that for years everyone claiming to have intel has been wrong pretty much backs up that sentiment.

Again, IF a revalue is going to happen I can pretty much gurantee you and I will not know about it until after its done. Now sure maybe right before it happens hours we may hear about Iraq getting out of chapter 6 sanctions or being accepted into the IMF but it's not something we are really going to have any leadtime to buy more Dinar or anything like that

 

Don't you think it seems wierd that everyone has all this special intel but it's always very vague and they can never tell you where they got this intel from. Also going on a decade of all this intel being incorrect as well.
 

If something is going to happen its going to happen with no notice.

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OH and I'll give you an 80% chance it won't happen next year either.

 

You think there's gonna be an RV when ISIS holds BOXES of dinars from raided banks and they're hijacking any commerce,

preventing economic stability? An RV or reinstatement of value will only happen when ISIS no longer controls A THIRD OF THE COUNTRY!!!

 

However Iraq can do the Turkish model (REDENOMINATION / LOP) right now no problem.

Trade in the old currency for new low denoms ----- 25K = 25 dinar and make the NEW dinar 1 to 1 with the USD and it's a WASH 

and ISIS makes NO MONEY off the theft. Make the new dinar worth $3.58 like everyone wants, and everyone triples their money (if you bought in at $1000 per million IQD).

 

BUT again I don't think they want to do that to give ISIS triple money...... but it's their choice.

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