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FOUNDIT

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Everything posted by FOUNDIT

  1. Yes and they will lead us right to the rest of the rats........
  2. The man is delusional if he thinks the Mahdi army will support his agenda...what a joke al-Sadr is. Just wants to manipulate for power. The IRAQI people should slap him down and exile him for good. US wants to remain in Iraq another 25 Years - MP 5/13/2011 4:13 PM BAGHDAD / Aswat al-Iraq: The U.S. has the desire to extend its military presence in Iraq for another 25 years, until the Islamic rule in Iran is toppled, an Ahrar MP declared today. Amir Al-Kinani of Ahrar bloc, affiliate with the Sadrist Trend, told Aswat al-Iraq that the majority in the Iraqi Cabinet and Parliament support the extension of U.S. military presence. The U.S. embassy in Baghdad said that the political parties that signed the strategic and security agreements are representing the Iraqi people, not the Sadrist Trend. Embassy spokesman David Ranz added that "the Sadrist Trend position on U.S. withdrawal does not represent the public opinion of the Iraqi people, they are an important component and have the right to express themselves." Kinani added that the Iraqi public opinion rejects the U.S. presence. Accordingly, the Sadrists are not expressing their view points, but rather the demands of public opinion. Sadrist spokesman Salah Al-Obaidi had declared on 9 April 2011 that "if the U.S. forces do not withdraw, the Mehdi Army (militia) will escalate military resistance, as well as peaceful resistance."
  3. Don't know Joe P personally but have heard him on conference calls. Only thing i can say is i cannot respect anyone who accepts a leadership role and then abandons you before his or her commitment is over.There is no excuse for it....its no better than our politicians who tell us one thing and do something else,or worse nothing at all.You constantly here the so called gurus complaining about members on all sites bashing them.......please its like anyone who steps into the limelight...you are going to be held to a higher standard.It comes with a leadership position.So I'm sorry but the only thing Joe will be remembered for in my book is that he was a quitter.
  4. What a waste of time.
  5. Now, as of this month, Mr. Saleh says that the process of removing the large denominations is “nearly complete.” What does this mean? Clearly they haven’t removed the large denominated notes from outside of Iraq, including the notes we hold. Therefore, his statement must be taken as referring to large notes WITHIN the country of Iraq.Makes for some interesting thoughts.
  6. Is it a fake???Probably but at this point the damage had been done.Remember the campaign speeches about TRANSPARANCY.....please what a joke.O has cost this country something it may never get back.Its respect in the world community.This man should be impeached not because of the birth certificate thing.But because of the lousy job he has done to date.If you or i performed as poorly on the job we would be fired.All he dose is blame everyone else again and again.I'm sorry but you are steering the ship pal.The sooner he is gone the better.
  7. Truthful, Yes you are correct excess liquidity is removed but not necessarily put back into the market.That is a discretionary measure which there is no proof of.However it is fact excess liquidity was removed.Not fact it was reintroduced.I would submit if you are on dinar forums strictly for factual evidence-----well you are wasting your time.We are all speculators in a huge process.The world you speak of in your reply is the one you live in as well my friend.It may not be perfect but we get where we want to go by constructive dialog and ideas based on opinion and fact.Thanks for the thread you started it bought up some interesting thoughts.....
  8. Here is some of why i believe the RVwill happen..and yes a little about EXCESS LIQUIDITY. Iraq : Iraq announces withdrawal of 70 percent of the excess liquidity Stressed the continuing support of residential, industrial and service Baghdad, Taha Hussein Iraq could pull a high proportion of excess liquidity for local market needs as well as continuing to support projects of industrial, service and housing. Director General of BADEA Abdul Hussein al-Yasiri at a news conference attended by “morning” that the bank has achieved an important work focuses on two aspects, namely the withdrawal of excess liquidity from circulation and put it into the market again as it allows taking 24 trillion and 800 billion dinars, representing 70 percent of the liquidity, adding to The second aspect of the directions of the Bank is to support a draft comprehensive banking and industrial sectors, service and construction projects, construction and allocation of part of loans to farmers and the financing of housing projects, especially that the country needs to build more than three million housing units, noting that the bank was allocated 6 trillion dinars for the purposes of housing, commerce and industry to by granting loans to the public sector such as the Ministry of Electricity, which granted a loan for the development of electricity and the purchase of bonds and remittances in the form of two waves exceeded Akiemha four trillion and 800 billion dinars, as well as giving companies and the Ministry of Industry more than a trillion and 115 billion dinars, a contribution to the implementation of rehabilitation projects and the development of these companies , in addition to the different loans granted by Bank staff and employees in government departments, different. Speaking of housing loans granted by Iraq for the citizens and that the bank used Balakari as his experience in granting housing loans to citizens Vakarz final amount exceeded 300 billion dinars, in addition to the prepared study in how to grant housing loans by him directly, because the bank wanted to avoid the mistakes that many international banks through the equation between the deposits and the type and between loans and advances, indicating the presence of short-term deposits and long-term and there are loans and lines of short, medium and long-term bank, which has the right vision for the future must be prepared to lend this budget and on this basis, as he put it. Director-General warned that the bank is still going to give the citizens of housing loans of $ 30 million, indicating that the bank is required possession of the citizen who wants to get this loan for a piece of land as fit for building residential unit more than others, as well as its continuation in the granting of commercial loans and industrial. Said that Iraq had set a ceiling for advances not to exceed one trillion dinars and is currently studying the possibility of developing a new roof or the lifting of the ceiling reached by the bank in the previous round. Here we see Iraq withdrawing money, but at the same time it is stressing that it will still have enough money to support projects for industrial, service, and housing. So what is excess liquidity? http://www.livemint.com/2009/08/02215137/Global-excess-liquidity-create.html Becker provides a precise definition of “excess liquidity”, which is simply that if money supply expands faster than nominal gross domestic product (GDP), excess liquidity will be created. In other words, excess liquidity is the percentage year-on-year (y-o-y) money supply growth minus the percentage y-o-y growth in nominal GDP. It is evident that the Central bank of Iraq has been pulling money from the supply look at the CBI http://www.cbi.iq/index.php?pid=Banknotes The coins are already pulled from the money supply. http://en.wikipedia.org/wiki/Iraqi_dinar “The notes were similar in design to notes issued by the Central Bank of Iraq in the 1970s and 1980s. A 500 dinars note was issued a year later, in October 2004. In the Kurdish regions of Iraq, the 50 dinar note is not in circulation. In 2004, new 25, 50, and 100 dinars coins were introduced. However, these coins proved to be unpopular & were withdrawn from circulation.” I don’t know exactly how much Iraqi dinar is in circulation and how much has been pulled at this point. I am still trying to determine this, but what about the US money supply? The US has 1.7 trillion dollars in printed currency this is called the M1 money supply. The US also has digital currency. The digital currency and the physical currency added together is called the M2 money supply. The M2 money supply is 8.5 trillion. The money supply is greatly expanded by the use of something called Fractional Reserve Banking. This is outlined in a book produced by the Federal Reserve called Modern Money Mechanics. This short video will explain how it works. http://www.youtube.com/watch?v=pC8I3J-1GSM http://www.forecasts.org/m1.htm Now you know exactly how the money supply is expanded through the fractional reserve banking system. So take the base money supply and times it by 10 (the reserve limit) now you have 85 trillion as an expansion possibility. However the reserve requirement has been removed. http://www.dailypaul.com/node/65803 So ask yourself, If the federal reserve and the bankers can expand the money supply this much, How come the reserve requirements were removed? The money supply has been expanded even further through Quantitative Easing 1 and 2. The total US money supply is M3. Good luck finding an accurate number. So money = debt and debt = money. Every dollar in circulation represents someone else in debt. Now check out the US debt Clock http://www.usdebtclock.org/ Maybe we can kind of guess what the real M3 money supply is from calculating all this debt. Iraq is a world currency. It is spread throughout the world. So to determine if there is enough currency to revalue you need to look at the global picture, not just the United States currency. Keep in mind that there are about 150 central banks and don’t forget to take into account Fractional Reserve Banking for each bank! What about Redenomination? In the last redenomination article I read two things stood out. First the new government would need to approve the dinar. Second they will conduct a study to see if this is a good option. So if this is correct no decision has been made at this point. They would also need to determine the cost and build it into the budget. There has been an on again off again approach when discussing this topic. There are many articles that say they will not redenominate. I am going to quote from the Wikipedia link provided earlier. “According to a Reuters report on 11 Feb 2010, Iraq expects to redenominate its dinar currency by knocking three zeros off the nominal value of bank notes to facilitate currency transactions.” The Rothschild family owns Reuters. This is the same Rothschild family that owns the CBI. History is about to repeat itself once again. Remember earlier that the Rothschild’s ancestors purchased all the colonial currency they could find and at the same time they had their network of people declaring how worthless the currency was. Soon afterwards Alexander Hamilton restored value to the Colonial currency. The same thing is happening today. The Rothschilds are setting up their network of agents and friends with as much Iraqi dinar and bonds as possible via the stock market and acquisitions, and at the same time they say the currency will redenominate and is worthless through their media complex. Places like Reuters and AP provide the Rothschilds with their own personal forums. Then when the time is right Shabibi will revalue the dinar. http://www.publiccentralbank.com/ http://www.scoreboard-canada.com/articles-reuters.htm http://everythingwarrenbuffett.blogspot.com/2009/11/reuters-rothschild-star-and-buffett.html http://www.theflucase.com/index.php?option=com_content&view=article&id=539%3 Arothschild-controlled-news-wire-qreutersq-tries-to-hype-swine-flu-danger-in-china&catid=1%3Alatest-news&Itemid=64〈=en http://tobefree.wordpress.com/2010/05/10/the-rothschilds-world-kingpins-worth-500-trillion-they-own-reuters-ap-and-fix-the-price-of-gold%E2%80%A6/ So if you clicked on the links and watched the video in the last link above you know that the Rothschilds also own the oil company Royal Dutch Shell. Look at the oil contracts in Iraq that have been given to shell. Look at the 17 billion gas contract signed by shell. In Conclusion When we consider an Iraqi dinar RV we need to look at the really big picture. There is more at stake here than a war-torn country that suffered under a brutal dictatorship and is merely trying to emerge from economic ruin. We are dealing with global interests that want to establish a foothold in this region. The global elite wants to dominate this region and establish their control over it’s resources. The dinar is a tool to do just that. There is one more piece to this puzzle. All of this is setting the world stage for a one world government. A ruler (antichrist) will arise from this world government and all this can be found in biblical prophecy. http://***********.wordpress.com/2010/08/22/what-does
  9. Keep my friend their is no hate here just opinions.I respect truthfuls opinion and encourage him or her to keep trying to figure it out. We are of course on the same ride.I will also however expect others to at least respect my opinions also.The only real fact is that there are many opinions based on each persons own research.My research leads me to believe in a huge return on our investment.I will continue to seek the truth and keep an open mind.
  10. It is impossible to come up with true numbers because we are not talking factual numbers.Most of what we hear is opinion,therefor junk in junk out.However Shabs did say that currency was being removed from the market place.And i remember him saying that 70% had been removed.Now the question is???? Was that 70% of all IQD or 70% of in country IQD???? You see what i mean......As for lower denoms,you won't see them until the RV happens as many will quickly buy up the IQD if they know the lows are out. Mow yes this is JMO but i think it is reasonable based on what we have or have not seen so far.
  11. Hey gents.....when you go to the bank on or off base just ask them if the higher denoms are dropping in number.Also tell the on base Iraqi store owners to get you some lower denoms and you will pay handsomely.You will be amazed at the answers you get.And remember the large denoms will start to flow back with the RV. They are just taking CURRENCY OUT OF CIRCULATION until the RV happens.While no one may know the rate and date on these boards,it is obvious that the current theater of operations in IRAQ will come to the only conclusion that will heal all wounds--------RV.
  12. As of today 5/3 will no longer sell IQD....My wife is a branch manager an got an email this morning stating no more IQD sales.......
  13. Well except for what they eat drink and make money with. hmmmmmm
  14. I agree quite crying and find something positive to contribute.Many have been in this much much longer,such as myself.If you have thin skin you need to find another investment.....Period.
  15. THIS THREAD SHOULD BE REMOVED NOTHING BUT BS.....Read some of his post...pile of well you know.
  16. Miny one thing.....................there are not 27 trillion in circulation...there are 27 trillion printed.....BIG DIFFERENCE.....
  17. You have some numbers correct but how you present them is not. Yes they will attempt to keep the rate stable...but this is completely done in a managed float system such as they have been in the last several years.The rate will not play a huge part in this as it will be pegged and managed,it will only move 2% every 30-90 days.Thus a higher rate will be posted at the very beginning.As for your 20-27 trillion...well that number is DINAR IN PRINT NOT CIRCULATED.Big difference.You can bet at least 70% of that is sitting in a CBI volt waiting to make its owner (IRAQ) a lot of money with the RV.
  18. The RV will not be that low.....Iraq cannot get what their people want buy having a currency without any real buying power...Oil will not provide the necessary fund as they have multiple signed contracts with many country's at a cheap rate...i.e. the US gets it for 42 per barrel...........this will make profits from oil very small for ten years.Therefor the need for a strong currency is a must.They will become a consumer nation as they have no choice at this point.Almost all of the raw materials needed for their country must be bought and shipped to them.So will their currency RV?? Yes indeed...and for much more than a measly .10-.30. You better start thinking more like 3.00-5.00. Thats the only way to get where they want to go..............
  19. It depends on who the contract is with....We pay them 42 per barrel.Also Kuwait gets a 5% cut of Iraqs total oil proceeds for war reps.
  20. Look at the facts....thier inflation numbers have more than doubled in one year from 2% to 5.5%. So much for stability.The article is BS plain and simple.
  21. They are not going to lop....they need money if they lop they will in effect be dropping the value of the dinar and asking for an unsurmountable pile of pissed off countries.Not to mention the fact that come June huge payments will need to be made to the Paris club agreement.
  22. Oh but it dose suggest a undervalueation....the rate of inflation has more than doubled in one year...going from 2% to 5.3%....
  23. Thomas Jefferson said it best----ALL IT TAKES ARE ARE GOOD MEN TO DO NOTHING FOR EVIL TO PREVAIL.........The people of this great country must mobilize just as the people are now doing in the ME. I believe it will happen within the next five years. Oh and by the way Thomas Jefferson got paid squat.
  24. Ya i too have worked for the government for 28 years and i don't make $119,000 a year.The facts are these graphs and reports are nothing more then a extension of the mindset of those who put them together. It's just a form of manipulation. These people pray on class envy during bad times to draw attention away from the real problem. THE PEOPLE STEERING THE SHIP. Start firing the managers---top to bottom--then you will see a good change. Start cutting their salaries and making them accountable for their decisions. The fact you have so many government workers in some cases is because the pay scale of a manager in many cases involves the number of their employees. The more workers the bigger the managers check. SO THE FOX WATCHES THE CHICKENS.....
  25. mike032588=TROLL GO SOMEWHERE ELSE AND GET YOUR NEGATIVE ATTENTION...
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