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20MillionDinar

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Everything posted by 20MillionDinar

  1. You're right, that COULD be the transition we are hearing about. I wouldn't disregard it completely, just highly unlikely. But who knows... If this were to be the case, we would still be the world's super power, or at least in the top 3. Our natural resources and overall wealth exceed most every other country on the planet. So there wouldn't be a collapse in the US, just a different financial system. No problem Rothsdad. I still keep an open mind and always respect other people's opinions and perspectives. Interesting perspective Avenger. Thanks for taking the time out to give me your thoughts. If we were to collapse, these scenarios are probably not too far off base from what would happen. Oops, I forgot 3 zeroes... LOL
  2. I must say though: Today had some of the best news since January 17, 2012 when they raised the value from 1170:1 to 1166:1! http://www.ikhnews.c...n=view&id=38953 Read more: http://dinarvets.com.../#ixzz1rs43Ab3z Maybe they never had intentions of re-denominating and it was all propaganda, maybe they did and have decided to postpone or even drop their plans completely. Either way, the above article is excellent news and should not be overlooked! "Go Gradual Increase in the Value of the IQD"
  3. Hey Rothsdad, I always understood that a re-denomination was possible, and it was clear that that is what is being talked about when they say "lift the 3 zeroes." However, I have always hoped that they don't go through with that plan and raise the value in increments, just like they were doing before. M2 of Iraq = 60 Trillion: This is way too big! Even if they are completely lying, I'm talking about an extra 50 trillion of M2, that is just way too much money. If there was a 1:1 RV and they only had 20 trillion Dinars, it would equal more than every country combined as far as value goes... Nobody can really believe it can happen like that. If this was the case, every country would monetize their assets and RV their currency as well. It doesn't work like that... West to East: I still feel that this power shift is moving rather quickly. However, it doesn't necessarily mean the value of a currency. Truth is, there are way too many Dinars in circulation to do anything significant to the value without first reducing the amount in circulation. This is where I see the gradual increases to be our best play. They can gradually increase, withdraw from circulation, build the private sector, infrastructure, and increase oil exports. Then we will have a valuable currency in our possession. Asia (China) is where the power shift is headed to. David Wilcock & Benjamin Fulford: I have read quite a bit of their work, and I agree with some, but I also disagree with a lot of it. This is how I look at it, I don't take everything that the mainstream says as truth, but I also don't take everything these guys say as truth either. I see a smooth transition to a new financial system, but even that is pretty unclear. I just can't see an instant crash of every market around the world, that will take us back a couple hundred years! It would be mass chaos and nobody would have control. Nobody wants that... I am prepared in case the worst should happen but I am also making some very good money through our current financial system and I wouldn't have it any other way if it was up to me! I am by no means a "LOPster" but I do keep a grounded view in this investment, just like with anything else. I sold off a majority of my holdings to put it to work now, and I am already seeing some nice returns. Pretty soon, as in the next 2-3 months, I will not be working anymore and will let my money work for me. Keep growing, keep expanding and diversifying, and enjoy life. If / When the IQD RV's it will be the icing on the cake so to speak. This speculative investment is out of our control, I would rather have my money in my control! I have put a lot of good info into this forum. More than most. Why am I here? Because I own Dinar... M2 of Iraq = 60 Trillion: This is way too big! Even if they are completely lying, I'm talking about an extra 50 trillion of M2, that is just way too much money. If there was a 1:1 RV and they only had 20 trillion Dinars, it would equal more than every country combined as far as value goes... Nobody can really believe it can happen like that. If this was the case, every country would monetize their assets and RV their currency as well. It doesn't work like that... Have a look at the following thread: http://dinarvets.com...rency-auctions/
  4. Carlos, I've followed your posts for a while and although I don't agree with most of what you say, I am still curious. 1) When do you think America will collapse? 2) How do you think we will collapse? (overnight?, gradually?) 3) What happens next for our once great country? 4) What would happen to the FOREX market? 5) What would happen to all of the multi-billion dollar US based companies? I'm not trying to test you in a negative manner, if you can't answer any particular question (or any at all) don't worry about it. Just curious to hear where you stand. Thanks Carlos!
  5. I forgot to mention: The potential RV of the IQD is not part of the plan to reduce our national debt or to "kick the can down the road" as stated in the original article. Currencies go up or down based off of economics. Not off of some fairy tale 1000% RV...
  6. I personally think that our government COULD possibly be holding a nice chunk of Dinars due to the fact that we flew over billions and billions of USD. It's a possibility... There are basically two ways of going about this in my eyes: 1) We sent over billions of USD to prop up their economy long enough to get them on their feet. By spreading more USD throughout the world it keeps it in demand, aka, Reserve Currency status. 2) We did a currency swap giving them billions of USD in return for trillions of Dinar. Either way, it was good for the USD and it definitely wasn't out of the goodness of our hearts. It would be neat though if we, the USA, are in fact holding IQD for the long haul. Iraq is the first democracy in the Middle East and they have mentioned before that they are looking at making their currency a "reserve currency." IF they are able to accomplish this somewhere down the line, it will definitely strengthen the Dinar as demand for reserve currencies are high. Right now, they are nowhere close though to becoming a reserve currency.
  7. Lifting of the Zeroes means LOP / Re-Denomination, period. However, now that they say they are going to drop the plan to lift the zeroes, they will need to appreciate the value of the IQD another way. Since an overnight 1:1 RV is IMPOSSIBLE in every way, I see one other option to raise the value. In small increments throughout time. In fact, for those who have been holding IQD for at least 4 years will know what I'm talking about. They did in fact raise the value on almost a daily basis during the first 6 years or so. From 2003 - 2006 the value was raised in increments. This way they can maintain inflation which is one of their main priorities. They will gradually increase purchasing power while the economy grows. Win/Win for the country of Iraq as well as investors. Let's just hope they start raising the value here real soon!
  8. Did you ever think that MAYBE a title of a thread is the actual title of the article that was posted? I do that all the time! Nothing wrong with it. Thanks Machine for your posts, I always enjoy the read!
  9. I feel you Wally! I wish I would have jumped on the bandwagon a few years back, but, I didn't... But, it Sounds like you are making some moves now, keep up the good work man.
  10. Dear Sovereign Investor, I had to get you this right away. A stock expert I respect enormously – Paul Mampilly– has very good reason to believe there’s about to be a major merger/acquisition in the high tech world involving Apple Computer. He says it could happen any time – maybe even in a matter of days – driving the target stock’s price up 50% or more when it does. I have to tell you, this situation got us very excited when we heard about it. Paul is an expert at these things. He knows the two companies involved like the back of his hand. What’s more, he’s successfully predicted takeovers before because he understands well the signs leading up to them. I just read the report he wrote for his paid subscribers and it’s a very eye-opening piece of investigative financial research. In it, he shares insights on what’s happening behind the scenes at both companies you’re not likely to find or read about anywhere else. I asked him if there was anyway he could share some of the details with you. He just got back to me by phone. Here’s the story… In Wealth & Prosperity, Erika Nolan Publisher, The Sovereign Society Let's see if anything actually happens with Apple like they are predicting! I'll check back in about a week or two to see if there were any major changes with the share price of Apple.
  11. The World's Best Companies Want to Pay You Big Investment Income By Brett Eversole, analyst, True Wealth SystemsWednesday, April 11, 2012 Right now, some of the world's best companies are paying out a huge amount of investment income… These companies dominate their markets. They're ridiculously cheap. They allow their shareholders to get rich, safely… by paying out steady dividends. And if you buy at these levels, you can set yourself up for years of income. You simply have to consider investing in something folks at the next cocktail party will find crazy. You have to consider investing in Europe… The idea of investing in Europe probably makes you queasy. But it shouldn't… Today, European stocks pay some of the highest dividends in the world. Take a look… Excluding the financial crisis, European stocks are coming off their highest dividend yields in nearly 20 years. Since 1992, we've seen dividend yields this high three times. As the chart shows, each opportunity led to double-digit returns in European stocks. On average, buying at today's levels led to 55% gains in just 19 months. Today, the yield on European stocks is 3.6%. But the biggest, best dividend-focused European companies are yielding even more. Europe's blue-chip index is the Dow Jones Euro STOXX 50. It holds 50 of the largest European stocks traded. Right now, the Euro STOXX 50 pays a 5.2% dividend. And the stocks it holds are incredibly cheap. Take a look at the top six holdings… Total TOT Oil and Gas 6.8 6% Sanofi SNY Pharmaceuticals 9.2 5% Siemens SI Manufacturing 10.2 4% BASF BASFY Chemicals 9.8 4% Banco Santander STD Banking 6.2 10% Telefonica TEF Telecommunications 7.6 13% <br class="Apple-interchange-newline"> These are all huge companies with market caps exceeding $50 billion. Buying industry-leading companies for under 10 times earnings is almost always a good idea. If you can collect double-digit dividends, that's even better. The easiest way to buy these stocks is through the SPDR Euro STOXX 50 Fund (FEZ). It perfectly tracks the index. It trades at a forward price-to-earnings (P/E) ratio of just 9.4. And it pays a 5.2% dividend. FEZ is down 8% so far in April. If you like to "bottom fish" with your stock purchases, you can consider buying European blue chips right now. But I'd rather wait on an uptrend to appear before buying… to make sure I'm not trying to catch a falling knife. Whichever route you take, this "blue-chip income" idea is one you should consider soon. Good investing, Brett Eversole
  12. I don't know who this was directed to but I can assure you that if anybody was being a "cyber bully" it is OKIE! Without a doubt, hands down, he is the biggest cyber bully in Dinarland! He has probably ruined more lives than you can count all of your fingers and toes. All of his lies and deceit that float around on a daily basis all just to make his commissions and/or boost his ego. He is a compulsive liar and an egotistical moron. Sometimes the truth hurts, but it needs to be said.
  13. The belief that the fixed exchange rate regime brings with it stability is only partly true, since speculative attacks tend to target currencies with fixed exchange rate regimes, and in fact, the stability of the economic system is maintained mainly through capital control. A fixed exchange rate regime should be viewed as a tool in capital control. A speculative attack in the foreign exchange market is the massive selling of a country's currency assets by both domestic and foreign investors. Countries that utilize a fixed exchange rate are more susceptible to a speculative attack than countries utilizing a floating exchange rate. This is because of the large amount of reserves necessary to hold the fixed exchange rate in place at that fixed level. Nevertheless, if a government chooses to maintain a fixed exchange rate during a speculative attack, they risk the chance of severe economic depression or financial collapse, as illustrated by the Argentine and East Asian financial crises. A speculative attack has much in common with cornering the market, as it involves building up a large directional position in the hope of exiting at a better price. As such, it runs the same risk: a speculative attack relies entirely on the market reacting to the attack by continuing the move that has been engineered, in order for profits to be made by the attackers. In a market that is not susceptible, the reaction of the market may, instead, be to take advantage of the change in price by taking opposing positions and reversing the engineered move. This may be assisted by aggressive intervention by a central bank, either directly through very large currency transactions or through raising interest rates, or by activity by another central bank with an interest in preserving the current exchange rate. As in cornering the market, this leaves the attackers vulnerable. I think what the original article is stating that the CBI can maintain control of the IQD using their reserves to eliminate the risk of speculative attacks on their currency.
  14. The thing about Okie is he is always predicting an RV rate and date. If he would just sit on his hands and keep his mouth shut people wouldn't be bad mouthing him. It really is that simple. If somebody is looking for attention, they are going to get it, whether good or bad. This investment does not require inside knowledge, special contacts, secret intel, etc... What it does require from the investor/speculator is two things: 1) Purchase Dinar 2) Wait for the outcome There is really nothing else that is needed with this venture, really, nothing else. But we make it more than it is. Yes, it is fun checking in daily, networking with other individuals, building relationships. But the truth is, as far as the investment goes, people don't need to try and be a hero. It will happen when it happens.
  15. What China’s Stockpiling of Natural Gas Could Mean For You By Andy Hecht, Senior Commodities Editor Dear Sovereign Investor, In the spring of 1989, students demonstrated for democratic reform in Beijing. Tiananmen Square was ground zero for the demonstrations. On June 4, the People’s Liberation Army moved in, killing hundreds, if not thousands of protestors. I watched the unprecedented coverage from my office in London. Two weeks later, I talked to my colleague in New York. I told him: “If we want to get close to the Chinese, let’s go there now – while the rest of the world is treating them as a pariah.” At the time, I ran the global precious metals and nickel business for the Wall Street commodity trading firm Philipp Brothers, and I operated from their London office. Our commodity trading house had been doing business in China for decades, and I had been there several times myself. I had many contacts in China, although they were all government business people and fiercely loyal to the communist government. Vastly Increasing Quantities of Commodities But we knew China was the future. Not only did China produce commodities, it also consumed vastly increasing quantities of them each year. We knew China would grow and become the most important player in the commodities markets in the coming decades. We also knew that the commodity trading companies that developed the best relationships there would not only have an edge in the markets, but with Chinese orders to buy and sell commodities, those with the relationships would run the markets. I contacted the People’s Bank of China, which arranged for visas and meetings with the government agencies that bought and sold commodities in Beijing. Some of our colleagues (and most of our families and friends) told us we were crazy to go. It was dangerous. But my colleague and I decided it was in the best interest of our business to be the first ones there. We traveled to Beijing at the end of June, just weeks after the massacre. When we arrived, the airport was quiet. The streets were quiet. There were very few foreign visitors. The situation was tense. The day before our meetings, we visited the square. We looked around at the stains and holes in the pavement. It was a difficult site to behold. The next day, we were careful to discuss only business with our hosts. They were happy to see us and thanked us profusely for coming. We all attended a banquet that evening. After many toasts and shots of Mao Tai (which tastes like grain alcohol), our hosts loosened up. They asked what we were hearing in New York and London. They called it propaganda and said that no one was hurt. According to our hosts, the protesters were convinced to “see the light” and had retreated. Then they proceeded to reveal the most interesting and perhaps most prophetic information of our careers… China’s 100-Year Plan Our hosts explained that China was on a path to reform, but it could not happen overnight. Slow and steady was the only path for the Chinese people to grow and prosper. Our hosts told us that China had a 100-year plan. Unlike Eastern Europe, which would become a ward of the West after the collapse of the Berlin Wall, no one was there to support China if its economic environment collapsed. Eastern Europe had the wealth of Germany, France and England to support it. China was on its own. They explained that we would see the Eastern bloc countries struggle economically, while China would maintain a slow and steady pace of economic reform and growth. Our hosts were dead right in their predictions. I do not condone what the Chinese government did in Tiananmen Square. But just as it did then, China knows its path now. What China Buys, You Should Buy In the last 22 years, the world has watched China blossom into the second most powerful economy in the world, soon to be the first. China is not beholden to anyone. Today, with the country in building mode, China is the demand side of the equation in the world of commodities. China continues to grow and consume. Its emerging middle class is the biggest in the world. As it expands in wealth and numbers, it will continue to support prices for all commodities and raw materials for decades. China routinely buys commodities on price dips. This is evidence of its hunger for commodities. The need for raw materials in China is significant, and the government understands that strategic stockpiles and investments in commodity-producing companies around the globe will ensure that the country has sufficient supply. The message for investors is clear – follow China in business. When it buys, you should buy. China is still very much the future. Today China (and Asia) is Buying Natural Gas In 2009, China was the eighth-largest consumer of natural gas in the world. That year, it used 87.08 billion cubic meters of the commodity. What is more interesting is that China was only 93rd in consumption per 1,000 people at 53,342 cubic meters. The potential for growth of natural gas consumption in China is staggering. In 2011, China’s consumption grew by 48% to 129 billion cubic meters. China’s imports of natural gas rose 66.7% year on year to hit 3.6 billion cubic meters in January alone, when consumption of natural gas in China rose to 13.7 billion cubic meters. At that rate, China will consume 164.4 billion cubic meters in 2012. That is an increase of 27.4% from 2011. Meanwhile, natural gas consumption is also growing throughout the rest of Asia. Japan’s consumption of natural gas grew 6% from 2009 to 2011, South Korea grew 26%, India grew 26.7% and Malaysia grew 36%. These are amazing growth rates for the use of a commodity whose price is basically in the toilet in the US. And while I mentioned the staggering potential for growth in China, the potential for growth in India (the 97th country in consumption per person), Indonesia (the 74th), Japan (the 47th), Korea (the 51st) and Malaysia (the 35th) makes this commodity extremely interesting. As far as Asian prices are concerned, according to Bloomberg data, “record Japanese imports to replace nuclear power after the Fukushima Dai-Ichi March-mega earthquake-induced disaster and a 27% leap in China’s first-half purchases may send prices to roughly $20 per million British thermal units (BTU) this winter, up 71% from last year and the highest since 2008.” While U.S. prices for natural gas are plummeting, the same commodity is soaring in Asia. Follow China… Follow China and Asia for that matter. Consumption and imports of natural gas are rising. The demand for LNG (liquefied natural gas) will continue to grow. As I recently wrote, “There is a race to export natural gas to Asia where prices for the commodity are many times higher than prices are in the U.S. or Russia.” China should be on the mind of every investor. Follow China and watch the natural gas price. The current low price level of this commodity in the U.S. is an anomaly. Technology and processing natural gas into LNG will force natural gas prices higher in the future – and China knows it. Happy trade hunting! Your eyes and ears in the commodities markets, Andy Hecht
  16. Yep and nothing going on out here in the middle of the ocean... If something happens out here I will create a thread saying so! That I promise!
  17. They are also expanding in China. In fact, the "drive through" concept is brand new there. They have purchased a TON of real estate in China, waiting for the right time to build. I believe they are doing about 3-5 at a time to cut down on costs and it will also benefit them by delivering to 3-5 stores at a time instead of only 1 or 2. McDonalds has big plans for the future and I only see them getting bigger! Nice post WallyWeaver!
  18. Sixteen-Percent Dividends… from Residential Real Estate? Yes! By Dr. Steve SjuggerudTuesday, April 10, 2012 With a 16% dividend, Two Harbors is already one of the top recommendations in my True Wealth newsletter. But in my opinion, the story just got better… Two Harbors recently announced it's going to be buying single-family homes. On its most recent conference call with investors, Two Harbors said: We are targeting properties at significant discounts to replacement cost. We intend to hold the properties we buy for investment and rent them for income… We believe the strategy will produce attractive returns for our shareholders over time. I love it… As you probably know from recent DailyWealth issues, I believe single-family homes are an incredible opportunity right now. The basic story is that housing is a great value right at this moment: With mortgage rates at lows and a record "bust" in home prices, housing is more affordable than ever. Plus, we're at the "puke point" – banks are giving up properties at any price, just to get rid of 'em. I also believe that the management team at Two Harbors has done a fantastic job of finding the best opportunities in real estate… Right now, the Two Harbors portfolio is filled with bonds… Roughly half are government-guaranteed mortgage bonds, and half are non-government-guaranteed mortgage bonds. In the fourth quarter of 2011, the government-guaranteed bonds had an average interest rate of 3.5%. The non-guaranteed ones had an average interest rate of 9.7%. Two Harbors borrows money at roughly 1% and invests it in these bonds. It's taken advantage of the Fed (like Annaly and Hatteras), using the government guarantee. It's also taken advantage of the foreclosure fears, making a fortune through buying very high-yield mortgage bonds. Two Harbors is organized as a real estate investment trust (a REIT), so it pays no taxes on its real estate income… as long as it distributes that income to you in dividends. So all the rent it will earn will flow to you, untaxed. Right now, it's paying a 16% dividend. It will take time before single-family homes have any meaningful impact on the Two Harbors portfolio. But I like the idea for the same reasons Two Harbors does… "the potential for home price appreciation and increasing rents." In a zero-percent world, Two Harbors is paying out a 16% dividend. And it's starting to buy single-family homes at "significant discounts to replacement cost." If you believe at all in residential real estate, Two Harbors (TWO) is a no-brainer. Good investing, Steve http://www.google.co...ce?q=NYSE%3ATWO Two Harbors Investment Corp (NYSE:TWO)
  19. You are correct with your assessment which is why I actually dumped the majority of my holdings during the past few months. Once the RD is official everybody will be looking to sell and the dealers will be in control of how much they are willing to pay. There will be very few, if any, buyers at all. Even if it RD's then RV'd to $1.50 all potential profit will have been eaten by the spread and fees charged by the dinar dealers. Bottom Line: If the IQD RD's and then they decide to DOUBLE their purchasing power making 1 IQD = 2 USD, there will not be any profit for physical dinar holders due to spreads, wire fees, shipping fees, etc... I was fortunate to have purchased my Dinar at $900 per Million and $950 per million all un-circulated back in 2006. I actually made a tiny profit...
  20. If / Once they announce the RD AND release the smaller bills into circulation, I'm outta here!!!
  21. Has anybody been following the recent progress concerning Natural Gas and our everyday automobiles? Good stuff going on right now!
  22. Those are more than likely a prototype at this time. I'm sure you can just take them off and use your handheld phone when time calls. I wouldn't be surprised if we see those out on the streets within the next few years!
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