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Showing content with the highest reputation on 04/24/2013 in Posts

  1. My miracle came to me today....I visited my oncologist this morning, it was my 5th year follow up with her. She went over all my test work, from lab, ultra-sound and mammogram. Then she looked at me, smiled,and said, that I was now....drum roll please...."Cancer free." At first it didn't register, then the tears started flowing. I couldn't thank her enough for all that she's done to help me get through this journey. She said that today "God has been so good to a lot of her patients, and was so glad that I was another, on his list" She knows some will fall to this decease, but she keeps God in her plans to help her cope with her patients. She said she prays for each and everyone that is inflicted with this deceased, that they may find peace. She was great in letting me go, and begin another chapter in my life. God sent me adversities through this journey...grief, hardships, bodily pain, discomfort, mental or spiritual suffering, anxiety, annoyance and disappointment. Not once did I feel alone, never felt deserted. He was at my side 24/7. Through these adversities, my fault's were revealed, I found myself more distant from Christ then I ever knew. They awaken my heart to His love for me, so that I may gain greater glory in heaven. So you see, I see these adversities as a gift. They have humbled me, given me patience, faith, and hope. Most importantly, brought me even closer to God. God is good, God is great....God is Love. I will give praise and glory to my Father in Heaven. I will give thanks to Jesus Christ for my DV family. You have all been awesome through my journey. Your support and prayers gave me strength and courage, when I felt I couldn't take another day, you were there. Your rewards will be many in heaven. Sometimes one word can say a thousand things. My word for you all is "Love" thank you for sharing it through the cyber waves. May God Bless each one of you and hold you close to His heart. Patty
    19 points
  2. CNN. Broadcasting While Watching An Episode Of The 3 Stooges - MoCrush, LaRay + Surly ! 4-23-2013 Intel Gurus SteveI, Ray & OCrush I see that the DFI funds are no longer going to get protected after May 23, 2013. Below is some of the important things of why this is very good for our investment and the country of Iraq. Babysitting the Iraqi's is not an option anymore. We protected them for ten years and its about time to stop holding there hand. It's also a good sign that Iraq will emerge completely from chapter vii. What I find interesting, the feds will travel to Baghdad to complete the protection release and sign the appropriate paper work. 4-23-2013 Intel Gurus SteveI, Ray & OCrush There was a meeting with Turki (cbi's governor) with top US officials discussing this issue with them. Not only did they discuss the DFI but the reserves and other Iraqi funds. We believe this was an official audit on the Iraqi holdings to make sure the data was accurate. Completing this 10 year stance is awesome and they are ready to move forward. Parliament has till May 15 (extended legislative term) to get the significant laws past to have Iraq's monetary policies in place to have a revaluation. These policies are moving forward in lightning speed but we need to see stability in the political arena to get it done. Time will tell and I have to say they have a very short timetable. 4-23-2013 Newshound Guru Breitling There are always articles coming out about the 3 zeroes...I have not gotten rid of one dinar note, not one 20K note, not one 10K note, not one. I don't feel threatened & I am not getting out. If I thought it was a threat, I would have gotten out a long time ago. It's going to gain value. Nothing that I have read suggests that I am not going to make money on it. The actual process tell us how close we are & they are getting rid of the U. S. dollar & we have been waiting for that. There is a value going to be gained. 4-23-2013 Newshound Guru Breitling People that say no currency has ever gained value of more that 40%...bull crap, garbage. There is more than one way for a currency to gain value. The dinar lost value and they are just trying to gain it back. It went down in value because of war. They are trying to reverse engineer to where they were originally. Looking at the past, you are looking at 3 bucks a dinar. That is what it was originally. It has nothing to do with the markets and how the markets function. We look at what can their economy and the population & people produce. No one can debate it. We know the numbers. Iraq is trying to make their currency the World Currency Reserve & I think they will get there. 4-23-2013 Newshound Guru Breitling They are actually taking the dollars off the market, how long will that take, don't know. How will the market react, don't know. Neither does the CBI. One of these days, it will be like flipping a switch & the people of Iraq will start using the dinar the way it should be used. They are putting this in play. Then you will see that velocity kick in and then you will see value being added. How soon, don't know. They have said it again and again, they want to get to a buck. That means it will pip up to a buck a little at a time, it's more stable that way & then from a buck to 3 bucks. We are not waiting on anything, they are doing it. That's where we are at.
    10 points
  3. [Adam Montana] morning everyone! Please pardon me while I interrupt the room for a short weekly chat [Adam Montana] Things to watch for in the near future: [Adam Montana] Elections were held, and it looks like a significant political shift is taking place. Results are not final yet, but it appears that things have moved away from Maliki's camp and that should bring on some interesting developments [Adam Montana] Speaking of Maliki, there was some questions about his health and even some speculation that he was dead... this is not true. He is alive, and I don't expect to see him losing his spot. [Adam Montana] There is more talk about releasing the smartcards, but I believe they are having technical issues and they will want to have a final rate before going full steam on that issue... so any news about the Smart Cards is GOOD for us, as it brings us closer to the END of this roller coaster. [Adam Montana] And finally, the UN is just full of positive energy for Iraq. They are pushing for a resolution on Chapter 7 and HCL. They are commending Iraq on mostly peaceful elections and their progress as a nation. I'm watching for something strong out of the UN very soon. [Adam Montana] Other than that... there is no confirmation of a date or rate, regardless of what any guru's neighbor's uncle's cousin knows... so stay patient and keep your head on straight [Adam Montana] Saint, if you're ready? [Saint] TomRiddle Article: ** The U.S will NOT renew the DFI protection in May 2013** How does this play into our timeline? [Adam Montana] Good question [Adam Montana] First, the source needs to be analyzed. It's an anonymous source, and when you read the entire article it sounds like more of an opinion. If that's the case, then we have to take it with a grain of salt. [Adam Montana] However, if it is true and we get factual final confirmation that the DFI protection will indeed end, this is GREAT news! It means Iraq is going to have to put on the big-boy pants and stop using the same excuses. We can surely hope that this, among other things coming up, leads to positive results. [Adam Montana] next please!! [Saint] eburt Hello Adam and Mods - Thanks for all you do - Just wanted to know what is the lastest news from Iraq when it comes to HCL. It seems like news on this topic have been silence somewhat. Also wanted to know if there a possible RV this year and/or will we have to wait until 2014. [Adam Montana] HCL is still positive and seems to be making steady progress. Regarding the date, there are a couple of things that lead me to believe we won't have to wait another year. The DFI protection possibly ending is one, Smart Cards due to be released in full by July, peaceful elections, HCL progress, and strong UN and Kuwait support just to name a few. [Adam Montana] Next please! [Saint] new york kevin Sir: With Kuwait and others supposedly behind the support for Iraq to be released from Chapter 7, when is the next meeting on the UNSC to discuss this possibility? [Adam Montana] I apologize, I don't have the date handy. The support for a full release from Chapter 7 is great though! [Adam Montana] Next please! [Saint] millionaire in training Hi Adam, Im a little confused on this, there is so much talk (articles) on deleting 3 zeros. Ok lets say they do this. Will they still raise the rate along with the deletion of the 3 zeros or is it one or the other? [Adam Montana] Hi MIT, good question. I know you are a VIP member - please grab a copy of my book at this link: http://iqd.me/l/rvintel (it's free for VIP members). [Adam Montana] I discussed that exact issue at length in it [Adam Montana] next please! [Saint] eburt Hello Adam - I am seeing articles about ISO Codes were given and wanted to know if that is good for us or not. [Adam Montana] Good question... I'm still looking into that subject, I hope to have a solid answer or explanation on it by next week. [Adam Montana] next please! [Saint] RobLe Morning. My question is about investing in Dinar verses investing in the Iraqi Stock Exchange. I was curious as to whether or not it is a better investment as per taxes if one invested in the Iraq Stock Market. This way, when the RV happens, one wouldn't have to cash out, they could just sell off their stocks as then need the cash. With the Dinar, one will have to take it to the bank and cash out. Just curious as to if there is an advantage of being invested in Iraq over cashing out of dinar? Thanks [Adam Montana] RobLe, great question! As long as we remember that there is just as much risk in the ISX as there is in physical dinar, I think it's a great idea to be diversified and consider BOTH options. Another thing to consider is an Iraqi Savings Account, which can be opened at Warka Bank. Instructions are here in the forums [Adam Montana] And that was the last question. No RV announcement yet, but I'm happy with the progress that's being made. Thanks for stopping in everyone, have a great day.
    9 points
  4. YOU REAP WHAT YOU SOW Good morning said a woman as she walked up to the man sitting on ground. The man slowly looked up. This was a woman clearly accustomed to the finer things of life. Her coat was new.. She looked like she had never missed a meal in her life. His first thought was that she wanted to make fun of him, like so many others had done before.. "Leave me alone," he growled.... To his amazement, the woman continued standing. She was smiling -- her even white teeth displayed in dazzling rows. "Are you hungry?" she asked. "No," he answered sarcastically. "I've just come from dining with the president. Now go away." The woman's smile became even broader. Suddenly the man felt a gentle hand under his arm. "What are you doing, lady?" the man asked angrily. "I said to leave me alone. Just then a policeman came up. "Is there any problem, ma'am?" he asked.."No problem here, officer," the woman answered. "I'm just trying to get this man to his feet. Will you help me?" The officer scratched his head. "That's old Jack. He's been a fixture around here for a couple of years. What do you want with him?" "See that cafeteria over there?" she asked. "I'm going to get him something to eat and get him out of the cold for awhile." "Are you crazy, lady?" the homeless man resisted. "I don't want to go in there!" Then he felt strong hands grab his other arm and lift him up. "Let me go, officer. I didn't do anything." "This is a good deal for you, Jack" the officer answered. "Don't blow it.." Finally, and with some difficulty, the woman and the police officer got Jack into the cafeteria and sat him at a table in a remote corner. It was the middle of the morning, so most of the breakfast crowd had already left and the lunch bunch had not yet arrived... The manager strode across the cafeteria and stood by his table. "What's going on here, officer?" he asked. "What is all this, is this man in trouble?" "This lady brought this man in here to be fed," the policeman answered. "Not in here!" the manager replied angrily. "Having a person like that here is bad for business.." Old Jack smiled a toothless grin. "See, lady. I told you so. Now if you'll let me go. I didn't want to come here in the first place." The woman turned to the cafeteria manager and smiled....... "Sir, are you familiar with Eddy and Associates, the banking firm down the street?" "Of course I am," the manager answered impatiently. "They hold their weekly meetings in one of my banquet rooms." "And do you make a godly amount of money providing food at these weekly meetings?" "What business is that of yours?" I, sir, am Penelope Eddy, president and CEO of the company." "Oh." The woman smiled again. "I thought that might make a difference." She glanced at the cop who was busy stifling a giggle. "Would you like to join us in a cup of coffee and a meal, officer?" "No thanks, ma'am," the officer replied. "I'm on duty." "Then, perhaps, a cup of coffee to go?" "Yes, maam. That would be very nice." The cafeteria manager turned on his heel, "I'll get your coffee for you right away, officer." The officer watched him walk away. "You certainly put him in his place," he said. "That was not my intent. Believe it or not, I have a reason for all this." She sat down at the table across from her amazed dinner guest. She stared at him intently.. "Jack, do you remember me?" Old Jack searched her face with his old, rheumy eyes. "I think so -- I mean you do look familiar." "I'm a little older perhaps," she said. "Maybe I've even filled out more than in my younger days when you worked here, and I came through that very door, cold and hungry." "Ma'am?" the officer said questioningly. He couldn't believe that such a magnificently turned out woman could ever have been hungry. "I was just out of college," the woman began. "I had come to the city looking for a job, but I couldn't find anything. Finally I was down to my last few cents and had been kicked out of my apartment. I walked the streets for days. It was February and I was cold and nearly starving. I saw this place and walked in on the off chance that I could get something to eat." Jack lit up with a smile. "Now I remember," he said.. "I was behind the serving counter. You came up and asked me if you could work for something to eat. I said that it was against company policy." "I know," the woman continued. "Then you made me the biggest roast beef sandwich that I had ever seen, gave me a cup of coffee, and told me to go over to a corner table and enjoy it. I was afraid that you would get into trouble... Then, when I looked over and saw you put the price of my food in the cash register, I knew then that everything would be all right." "So you started your own business?" Old Jack said. "I got a job that very afternoon. I worked my way up. Eventually I started my own business that, with the help of God, prospered." She opened her purse and pulled out a business card.. "When you are finished here, I want you to pay a visit to a Mr. Lyons...He's the personnel director of my company. I'll go talk to him now and I'm certain he'll find something for you to do around the office." She smiled. "I think he might even find the funds to give you a little advance so that you can buy some clothes and get a place to live until you get on your feet... If you ever need anything, my door is always opened to you." There were tears in the old man's eyes. "How can I ever thank you?" he said. "Don't thank me," the woman answered. "To God goes the glory. Thank Jesus...... He led me to you." Outside the cafeteria, the officer and the woman paused at the entrance before going their separate ways.... "Thank you for all your help, officer," she said. "On the contrary, Ms. Eddy," he answered. "Thank you. I saw a miracle today, something that I will never forget. And.. And thank you for the coffee." God is going to shift things around for you today and let things work in your favor. Give him all the Glory and pay it forward (and sometimes backwards!)
    8 points
  5. Did you ever wonder why there are no dead penguins on the ice in Antarctica? Where do they go? Wonder no more ! ! It is a known fact that the penguin is a very ritualistic bird which lives an extremely ordered and complex life.The penguin is very committed to its family and will mate for life, as well as maintain a form of compassionate contact with its offspring throughout its life. If a penguin is found dead on the ice surface, other members of the family and social circle have been known to dig holes in the ice, using their vestigial wings and beaks, until the hole is deep enough for the dead bird to be rolled into, and buried. The male penguins then gather in a circle around the fresh grave and sing: "Freeze a jolly good fellow." "Freeze a jolly good fellow." You really didn't believe that I know anything about penguins, did you? It's so easy to fool OLD people. I am sorry, an urge came over me that made me do it!!! Oh quit whining I fell for it, too
    6 points
  6. TRAFFIC LIGHT I was sitting at a long red traffic light yesterday, minding my own business, patiently waiting for it to turn green even though there was no on coming cross traffic. A carload of bearded, young, loud Muslims, shouting Anti-British slogans, with a half-burned Union Jack taped on the boot of their car and a "Remember 9-11" slogan spray painted on the side, was stopped next to me. Suddenly they yelled,"Aqbar Allah! Praise Allah!" and took off before the light changed. Out of nowhere an 18-wheeler truck came speeding through the crossing and ran directly over their car, crushing it completely and killing everyone in it. For several minutes I sat in my car thinking to myself, "Hell...that could have been me!" …So today, bright and early, I went out and got a job as a truck driver.
    6 points
  7. Sounds Like Somebody Is Jonesing For A Wife In The Know Job .......
    4 points
  8. What the hell is so exciting about a black screen? That just means they have their computers turned off.........
    4 points
  9. Consider yourself *hugged* There are no words to express the feeling, so I wont even try.
    4 points
  10. this is how I see all this... Iraq has created a situation where the dinar appears unstable so their citizens exchange their dinar which is worth less and less every day for another currency. Clearing the streets of the dinar and sucking up the big notes. Setting the stage for an RV or RD or RI, whatever its called these days.. JMO
    3 points
  11. It's a joke hame.....Hello!? GO RV, then BV
    3 points
  12. Not true they are up and gaining profit now , they won in court , and they answered my emails ! I just updated my pass word for my online account and they didn't even charge me lol ooopsy!! Also if you didn't follow the rules and have at least 150.00 in your usd account you cannot pull money out of any account on a wire transfer.
    3 points
  13. I don't know I guess you can call me old fashion and I'm sure one of these new age pshic doc`s will say i'm wrong but. when I grew up just like wild animals kids had to find their pecking order. Some kids were natural athletes some were not. Some were smart some were not, Some big kids were bullies some were not. Sooner or later some one would take down a neighborhood bully and he would stop it. 3 more would take his place. It was just the natural order of things. Nowadays I watch kids ball games where there`s no losers. how can you learn to be a good loser if there is none. How do you learn to be a good winner if everybody wins. If your not that smart why not go to a trade school rather then a big collage . these kids come out of college and a lot of them seem to me are at a high school level and want to work in a suit and tie job. Reality kicks them in the a$$ real quick. There is a certain amount of pride in taking down the neighborhood bully. It can change your life forever in a positive way when you swallow that fear and stand up and do what you are afraid to do. We need bullys They have a job to do. America home of the BRAVE remember. Its hard to become brave when every aspect of your life ls controlled to the point of never knowing what its like to kick a bully in the nuts..
    3 points
  14. PONDERISMS (some things to think about, but not too seriously) 1- I used to eat a lot of natural foods until I learned that most people die of natural causes. 2- There are two kinds of pedestrians . . The quick and the dead. 3- Life is sexually transmitted. 4- Healthy is merely the slowest possible rate at which one can die. 5- The only difference between a rut and a grave is the depth. 6- Health nuts are going to feel stupid someday, lying in hospitals dying of nothing. 7- Have you noticed since everyone has a cell phone these days no one talks about seeing UFOs like they used to? 8- Whenever I feel blue, I start breathing again. 9- All of us could take a lesson from the weather. It pays no attention to criticism. 10- In the 60's, people took acid to make the world weird. Now the world is weird and people take Prozac to make it normal. 11- How is it one careless match can start a forest fire, but it takes a whole box to start a campfire? 12- Who was the first person to look at a cow and say, 'I think I'll squeeze these dangly things and drink whatever comes out'? Hmmmmm, How about eggs ? . . . 13- If Jimmy cracks corn and no one cares, why is there a song about him? 14- Why does your OB-GYN leave the room when you get undressed if they are going to look up there anyway? 16- If corn oil is made from corn, and vegetable oil is made from vegetables, then what is baby oil made from? 17- Do illiterate people get the full effect of Alphabet Soup? 18- Does pushing the elevator button more than once make it arrive faster? 19- Why doesn't glue stick to the inside of the bottle? 20- Do you ever wonder why you open my posts?
    3 points
  15. Thank You all for the kind responses I love ya all. The rest of my squad threw me a hell of a welcome home party.BBQ Brisket with all the trimmings. you just cant imagine how good that tasted after 3 weeks of hospital food.I'll let shabbs pimp my ride with a built in BV bottleholder and RV'd currency safe. I do feel alot better and with friends like you guys I'm sure I will get better and stronger with each passing day. God Bless each and everyone of you! Powergeneration.
    3 points
  16. Please bring us wife in the know post too.......we have plenty of rotten tomatoes to throw at them all
    3 points
  17. Oh wow. Frank got creative to lay the blame on Iraq and not himself for his latest lies. Will it ever end? I only read this crap because of Thug's intros---I really need to learn to stop after that
    3 points
  18. CRACKSMOKERS!!!!!! I think it will be $201.95 to $1. Why not? If its getting stupid ridiculous, why not go FULL TILT DERP!
    3 points
  19. He forgot to tell, its 6.16 with a spread of 6.15991066
    3 points
  20. Patty... I'm so happy for you! Just had to come join the celebration. Congratulations! XO Jules
    3 points
  21. A rose to my special DV family!!! You all are awesome!!! Thank you for your support, prayers and your compassionate hearts!!!! Many Hugs in your directions!!!
    3 points
  22. I've only logged in a few times since what seem to be some very nice changes. Bump...Markinsa...thank you both for the fast links. I have quite enough music files myself being a writer/singer of some sorts...so it's great to be able to jump on quickly and scan only the true posts/article links. Pass my thanks on to Granny and Adam as well? Take care and God bless, my peeps. crossfire (no offense intended to music posting peeps )
    3 points
  23. Patty, Praise God! I rejoice with you. Thank you for sharing your story. It's obvious that God has worked wonders in your life.
    3 points
  24. Patty, Praising God and rejoicing with you!!!! Our God is merciful, He hears us when we cry, He answers! He is our Healer! Thank You, Lord for giving Patty this miracle! Just so happy for you, friend!
    3 points
  25. Praise the Lord. Jesus has recently taught me that pain ALWAYS Comes before Glory. Even Christ had to suffer the cross before Sitting on the right hand of God. In our suffering we are lifted up And glorified. I am so thankful for you. .God bless you always.
    3 points
  26. Thanks for the Update Patty and Great to Hear the Great News...
    3 points
  27. Hello, First I am pretty sure when United Nations forces nations like IRAQ into embargo, or limits it from trading and selling its goods the ISO code is suppended/revoked. Which is why dinar are not tradable or at least recognized outside of IRAQ. So if this is true it doesn't automatically mean a RD. It just means that IQD is now recognized again or will be shortly (I hope). Now if they issue IQF (for franc) then the assumptions would be correct and our Dinar are or will be worthless. I find it hard to believe that ISO would issue anything but IQD. The one thing I have learned is take everything stated here with a huge salt shacker assuming its not true hence the rumors section. So if Frank is saying a new ISO Code does he mean New or the old one reissued. Only time will tell and my bet is the old one reissued. Eagle007 out.
    3 points
  28. Thanks for the story bump, i always try to help anyone who ask and even if they don't. Sometimes in the business i work in a person just wants someone to listen.
    2 points
  29. 2 points
  30. A look at the recent gold price crash... HOW CAN we explain gold dropping into the $1,300 level in less than a week? asks Casey Research chief economist Bud Conrad. Here are some of the factors: George Soros cut his fund holdings in the biggest gold ETF by 55% in the fourth quarter of 2012. He was not alone: the gold holdings of GLD have contracted all year, down about 12.2% at present. On April 9, the FOMC minutes were leaked a day early and revealed that some members were discussing slowing the Fed $85 billion per month buying of Treasuries and MBS. If the money stimulus might not last as long as thought before, the "printing" may not cause as much Dollar debasement. On April 10, Goldman Sachs warned that gold could go lower and lowered its target price. It even recommended getting out of gold. COT Reports showed a decrease in the bullishness of large speculators this year (much more on this technical point below). The lackluster price movement since September 2011 fatigued some speculators and trend followers. Cyprus was rumored to need to sell some 400 million Euros' worth of its gold to cover its bank bailouts. While small at only about 350,000 ounces, there was a fear that other weak European countries with too much debt and sizable gold holdings could be forced into the same action. Cyprus officials have denied the sale, so the question is still in debate, even though the market has already moved. Doug Casey believes that if weak European countries were forced to sell, the gold would mostly be absorbed by China and other sovereign Asian buyers, rather than flood the physical markets. My opinion, looking at the list of items above, is that they are not big enough by themselves to have created such a large disruption in the gold market. Paper Gold The paper gold market is best embodied in the futures exchanges. The prices we see quoted all day long moving up and down are taken from the latest trades of futures contracts. The CME (the old Chicago Mercantile Exchange) has a large flow of orders and provides the public with an indication of the price of gold. The futures markets are special because very little physical commodity is exchanged; most of the trading is between buyers taking long positions against sellers taking short positions, with most contracts liquidated before final settlement and delivery. These contracts require very small amounts of margin – as little as 5% of the value of the commodity – to gain potentially large swings in the outcome of profit or loss. Thus, futures markets appear to be a speculator's paradise. But the statistics show just the opposite: 90% of traders lose their shirts. The other 10% take all the profits from the losers. More on this below. On April 12, there were big sell orders of 400 tonnes that moved the futures market lower. Once the futures market makes a big move like that, stops can be triggered, causing it to move even more on its own. It can become a panic, where markets react more to fear than fundamentals. Having traded in futures for over two decades, I want to provide some detail on how these leveraged markets operate. It's important to understand that the structure of the futures market allows brokers to sell positions if fluctuations cause customers to exceed their margin limits and they don't immediately deposit more money to restore their margins. When a position goes against a trader, brokers can demand that funds be deposited within 24 hours (or even sooner at the broker's discretion). If the funds don't appear, the broker can sell the position and liquidate the speculator's account. This structure can force prices to fall more than would be indicated by supply and demand fundamentals. When I first signed up to trade futures, I was appalled at the powers the broker wrote into the contract, which included them having the power to immediately liquidate my positions at their discretion. I was also surprised at how little screening they did to ensure that I was good for whatever positions I put in place, considering the high levels of leverage they allowed me. Let me tell you that I had many cases where I was told to put up more margin or lose my positions. Those times resulted in me selling at the worst level because the market had gone against me. The point of this is that once a market moves dramatically, there are usually stops taken out, positions liquidated, margin calls issued, and little guys like me get taken to the cleaners. Debates rage about the structure of the futures market, but my personal opinion is that a big hammer to the market by a well-heeled big player can force liquidations, increase losses, and push the momentum of the market much lower than the initial impetus would have. Thus, after a huge impact like we saw on April 12, the market will continue with enough momentum that a well-timed exit of a huge set of short positions can provide profits to the well-heeled market mover. Moving from theory to practice, one of the most important things to keep your eye on is the Commitment of Traders (COT) report, which is issued every Friday. It details the long and the short positions of three categories of traders. The first category is called "commercials." They are dealers in the physical precious metals – for example, gold miners. The second category is called "non-commercials." They include hedge funds and large commercial banks like JP Morgan. Non-commercials are sometimes called "large speculators." The rest are the small traders, called "non-reporting" since they are not required to identify themselves. The ones to watch are the large speculators (non-commercials), as they tend to move with the direction of the market. Individual entities could be long or short, but in combination the net position of the group is a key indicator. The following chart shows the price of gold as a blue line at the top, and the next panel down shows the net position of these large speculators as a black line. You can see that over the long term, they move together. When the net speculative position is above zero, this group is betting on rising gold prices. Of course, the reverse is true when it's below zero. In this 20-year view, the large speculators were holding net negative positions during the lowest point of the gold price, around the year 2000. As the price of gold rose, their positions went net long, and they profited. An interesting thing about the chart above is that the increasing amount of net longs reversed itself before gold peaked in 2011, suggesting that these large speculators became slightly less bullish all the way back in 2010. The balance remains net long, but it remains to be seen how long that lasts. What is not so obvious is that these large speculators are so big that they can affect the market as well as profit from it; when they initiate massive positions in a bull market, they drive the price of the futures contracts even higher. Similarly, when they remove their positions or actually go short, they can push the market lower. So what happened a week ago was that a massive order to sell 400 tonnes of gold all at once hit the market. Within minutes the price plummeted, and over a two-day period resulted in the largest drop of the price for futures delivery of gold in 33 years: down $200 per ounce. We don't have the name of the entity that did this. However, the way the gold was sold all at once suggests that the goal was not to get the best price. An investor with a position of this size should have been smart enough to use sensible trading tactics, issuing much smaller sell orders over a period of time. This would avoid swamping the market; and some of the orders would be filled at higher prices and thus generate more profit. Placing a sell order big enough to affect the overall market price suggests that someone with powerful backing wanted to drive the price of gold down. Such an entity could have been a large speculator who already had a sizable short position and could gain by unloading some of its short position once the market momentum had driven the price even yet lower. Or it could be a central bank – one that might be happy to have the gold price move lower, as it would provide cover for its printing of more new money. Of course, it could be some entity that owned long contracts and wanted to get out of the position all at once. We don't know, but this kind of activity, resulting in the biggest drop in 30 years, raises more than just suspicion when we consider how important the price of gold is to many markets around the globe. Can markets really be influenced by big players? Well, was the LIBOR rate accurately reported by huge banks? Have players ever tried to corner markets? The answer to all the above, unfortunately, is yes. There's an even bigger problem with the legal structure of the futures market: even the segregated funds on deposit can be pilfered by the broker for the brokerage's other obligations. That is what happened to MF Global customers under Mr. Corzine. (I had an account with a predecessor company called Man Financial – the "MF" in the name. I also had an account with Refco, which is now defunct. Fortunately, the daggers did not hit my account, since I was not a holder when the catastrophes occurred.) My take: the futures market is dangerous, and not a place for beginners. One last note: after the Bankruptcy Act of 2005, the regulations support the brokers, not the investors, when there are questions of legality about losses in individual investment accounts. Casey Research will be producing a report with much more detail on this subject in the near future. So, what now? We aren't going to see a secret memo – no smoking gun to confirm that what happened on April 13 was an attempt to affect the market. Still, the evidence is suspicious. When big entities can gain from putting on big positions, the incentives are big enough for them to try – LIBOR, Plunge Protection Team, Whale Trade, etc., all support this view. Physical Gold Previously, there was little difference between the physical and paper markets for gold. Yes, there were premiums and delivery charges, but everybody regarded the futures market as the base quote. I believe this is changing; people don't trust the paper market as they used to. Instead of capitulating to fear of greater losses, the demand for physical gold has hit new records. The US Mint sold a record 63,500 ounces – a whopping 2 tonnes – of gold on April 17 alone, bringing the total sales for the month to 147,000 ounces; that's more than the previous two months combined. Indian markets, which are more oriented to physical metal, now have a premium of US$150 over the futures price in Chicago. Demand at coin dealers has increased as the price has dropped. And premiums are much bigger than they were as recently as a week ago. Here is a vendor page that quotes purchase prices and calculates the premiums on an ongoing basis. It shows premiums of 50% and more in many cases. On eBay, prices for one-ounce silver coins are $33 to $35, where the futures price is quoted as $23. A look on Friday April 19 shows one vendor out of stock on most items: Clearly, the physical gold market today is sending different signals than the paper market. The Case for Gold Is Still with Us The long-term fundamental reasons to hold gold are undeniably still with us. The central banks of the world are acting in concert in "currency wars" or "the race to debase." As they print more money, the purchasing power of each unit declines. They are caught between the rock of having to keep interest rates low to support their governments' huge deficits and the hard place of the long-term effect of diluting their currency. If rates rise, even First World governments will be forced to pay higher interest fees, leading to loss of confidence in their ability to pay back their debt, which will bring on a sovereign debt crisis like what we have seen in the PIIGS or Argentina recently. The following chart shows the rapid growth in the balance sheets as a ratio to GDP for the three largest central banks. I've extrapolated the expected growth into the future based on the rate at which they propose to buy up assets. One could argue about how long these growth rates will continue, but the incentives are all there for all central banks to bail out their governments and their commercial banks. I fully expect the printing game to continue to provide the fuel for hard-asset investments like gold and silver to increase in price in the years to come. Buying Opportunity or Time to Flee? So what does it all mean? The paper price of gold crashed to $1,325 in the wake of this huge trade. It is now hovering around $1,400. My first reaction is to suggest that this is only an aberration, and that the fundamentals of the depreciating value of paper currencies will eventually take the price of gold much higher, making it a buying opportunity. But what I can't predict is whether big players might again deliver short-term downturns to the market. The momentum in the futures market can make swings surprisingly larger than the fundamentals of currency valuation would suggest. Traders will be looking for a significant turnaround to the upside in price before entering long positions. However, a long-term, fundamentals-based trader has to look at the low price as a buying opportunity. I can't prove it, but I think the fundamentals will drive the long-term market more than these short-term events. The fight between pricing from the physical market for bullion and that from the "paper market" of futures is showing signs of discrimination and disagreement, as the physical market is booming, while prices set by futures are seemingly pressured to go nowhere. In short, I think this is a strong buying opportunity.
    2 points
  31. and where did this inflation come from? like a month ago weren't they bragging how they wouldn't be affected by the poor global economy due to their huge currency reserves and etc. Now in 1 month they have 143% inflation after nothing really has changed.. like i previous said, this would be quite the sneaky way to clear the streets of dinar especially the big notes, deletion of the 000s. Who would hold onto a 25k note when its losing value on the daily when you could simply exchange it for the dollar which is on the rise... all just too much coincidence for me.. Hope im right! Go RV!
    2 points
  32. Its hard to say what is going on really. I am going to go out on a limb here and consider it could be how they are getting dinar off the streets, dollars for dinars.
    2 points
  33. Can you get a home loan without collateral? They give Iraq the loan because they know they are getting it back.
    2 points
  34. You're lucky if they answered your emails. Mayb complaints from other people who say otherwise. Also, many hwo have continually tried to wire funds back who can't, people with thousands of US dollars in their accounts. Until people are able to get their money back whenever they wish, respond to emails in a timely manner, and are out of political fiasco they are in, I'd stay away from them at all costs. just my opinion.
    2 points
  35. Municipality of Baghdad: The new building of the Central Bank would be a symbol of the Bank's role in economic development 24/4/2013 | (Voice of Iraq) - Add a comment - Baghdad (news) announced the Municipality of Baghdad that the Supreme Committee for the design of the foundation briefed on the design of the new building of the Central Bank of Iraq prepared by the architectural world Zaha Hadid. According to the Directorate of relations and the media received the Agency (news) copy of it: that the Supreme Committee for the design of the foundation of the city of Baghdad, seen through meeting which he chaired Secretary of Baghdad Abdul Hussein Morshedi on the design of the new building of the Central Bank of Iraq prepared by the architectural world Zaha Hadid, which will be held on the street Abi Nawas within Jadriya. said: The new building of the Central Bank of Iraq will be a monument architecturally unique consists of (37) layer is held on an area of 7 acres and blends the heritage of modernity through unique designs Eco-friendly according to the environmental determinants and harmony with it. showed: that this building will be a symbol of the role of the Central Bank of Iraq in the economic development of Iraq and a reflection of reconstruction projects and construction, pointing to This building will be the highest in Iraq since will rise (172 m) and serves the functions and requirements of the central bank and contains a full-service restaurant and a chapel and Training Institute, custody and other services needed by staff to perform their duties to the fullest. indicated to: The new building of the Central Bank of Iraq will conform to the determinants of environmental in Baghdad and will be equipped with all the services and the necessary accessories of garages for parking and gardens as well as landscape aesthetic enjoyed by through overlooking Featured on the Tigris River. explained: The meeting dealt also discuss a number of issues before the Commission to convert the class land and other things for the foundation design and recommended appropriate action.
    2 points
  36. "placer rate" a ficticious name used by dinar pumpers to sound much like a "pace car" in Nascar Racing
    2 points
  37. ....can me have your opinion on the Piers? ...... wait...on second thought...for get it...!!! just GET OUT OF MY COUNTRY!!!!
    2 points
  38. Praise God, he still works miracles for the ones who pray in his name.....I know you are relieved, now that little dark corner of worry can finally get some rest.
    2 points
  39. {{{hugs}}} so happy to see this good news, my friend! KK
    2 points
  40. Great News, pattyangel!!
    2 points
  41. That is wonderful news Patty...!!! So happy for you.
    2 points
  42. Patty, I am so happy for you! Thanks for sharing this awesome news with us!
    2 points
  43. Bless you dear Lady, I'm so very happy for you!! Slay.
    2 points
  44. We do not want a new ISO code. So Frank is either stupid or forgot to pack a lunch!
    2 points
  45. http://anticorruptionsociety.com/2012/03/13/the-county-sheriff/ Common Law under attack!!!!!!! Tell me the unlawful Corporation called the "UNITED STATES" doesn't know that common law is how the constitution "de jure" operates! (BS they know and are scared) Sheriffs, those who aren't ignorant operate within the common law system of jurisprudence!!!!!! The unlawful corporation operating under their own jurisprudence which enters Admiral Law and UCC is unlawful and does not represent our de jure Constitution for the united states of America. Support your Sheriff and make sure they understand their duties. It is not Anti Government...it is Anti Corporation...whom have been foreclosed on...they are running scared pushing shiz through at breakneck speed hoping we stay asleep. Support the Constitution via Common Law When the dinar Revalues we should donate to the cause and build up the common law courts. We have a duty. Support Common Law because the Corporation will Not. You are a slave to the corporate shareholders who believe they own your a$$ and your children.
    2 points


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