cherishit

I've been reading these sites for a couple of years and have thought about yet another interpretation that I want to throw out for discussion. Please don't bash me with negatives, as this is for discussion, and I'm reluctant to even put this out there. I already know that people won't like this possibility, but it crossed my mind more than once. I'm going to use .00085 rather than .00086 just because I'm doing my math while I'm writing this. Anyway, for discussion sake, I will lop the 3 zeros from the .00085 and make this number.85. All of the lop discussions that I have read assume that this is 85 cents, or close to the 1:1 rate that has been discussed. My (very unpopular) question is, could this actually be .85 of a cent USD, and the 3.22 rate be a multiplier, translating the old .00085 worth of a dinar to 2.74 cents USD. That way, Adam's initial rate of a dime is the.85 lop times the multiplier of roughly 12 (.85 of a cent times 12 equals 10.20 cents USD). Why do I have this question? I remember that Ali said that he would open his cash in offices if the RV came out at a nickel or above. This was more than 1 1/2 years ago (while he was in everybody's good graces) and he was not questioned at the time and the comment was pretty much ignored (although I wondered at the time what made him say that, other than possibly from a business break even stand point for him). It was about a year later that he was slammed for cautioning people about the possibility of a low rate of about a dime, and later pretty much dropped out of sight (for whatever reason). There have been some pretty wild high dollar values that have come out from some of the gurus between that time and now, and some major bashing when the high numbers of 6.00, 7.00, 7.25, 11.00, or 12.00 have been heard. I could not imagine how they thought that there would be such a high dollar value, so I played with these numbers to try and make a little sense of them (assuming that they are not out right lying, which could be the case). I am not saying that this is correct, or that I even believe it. I also know that intel is rarely intel, so the info and interpretation of that info could be way off base. Please discuss, as this could be nothing other than the twisting of words and numbers on my part. I don't like this interpretation any more than anybody else, but it has played in my head (similar to A BAD HORROR MOVIE...no need for attachments on the horror movie side of this). Has anygody else thought of this? FYI: .85 of a cent times a RV of 6.00 equals 5.10 cents. .85 times 12 equals 10.20cents, which is closer to Adam's initial rate projection.

SweetC, These are not false rumors. I worked with a couple of retired FBI people, one of which did some of the undercover taping of MLK. I've heard about MLK's interests from him. Also worked with a guy who was a police officer when he guarded the hotel room for one of JFK's romps. Also knew someone who worked in the White House through a few administrations (he never said anything negative, but did have very kind words for Jackie Kennedy and especially Lady Bird Johnson). I've known this info for over 30 years...certainly nothing new. But it is true.

I have been subcontracted to companies working for Alyeska Pipeline and in Prudhoe Bay in the past...over 10 years in all. The price of oil in our country is manipulated (saw confidential documents with 5 year projections, much the same as any business doing their future projections, just on a national scale that affects us all). I expect that we will move forward and not use as much petroleum usage to power our vehicles in the future...the energy/oil companies are investing in this now (to keep their profits up in the future). But, petroleum products and by-products are used in everything from plastics to medications, so the need for oil will probably be around for a long time. It's no secret that all of the nations that have large supplies of petrolum are positioning themselves for the future scenarios...and creating, or at least investing in them. The USA does have a lot of oil...many depths and grades, as do many other countries. My suspicion is that every country uses their resourses as their advantage rises.

I do not have any small denoms, but this is the reasoning to buy them...I'll use round figures and use $1,000 USD spent to buy 1 million 3-zero large denoms vs $3,000 to buy 1 million 1 or 2 zero small denom notes. The theory is that Iraq might give a shortened time frame to cash in the 3-zero notes (say 90 days) but not do that with the small 1-2 zero notes. If the rate comes in at 1:1, any and all currencies get a 1:1 rate if cashed in before the 90 days. The theory to buy the low denoms is that those notes will not be required to cash in within the shortened time frame. The speculator/investor that spent the extra $2,000 per million up front could then have an opportunity to ride the rate up. So, if you think that the dinar will go up at a later date by re-valuing more than once, and eventually be worth say 3-11 times more than the initial RV, you might want to spend the extra money up front. A $3,000 investment could yield $3-11 million dollars over time (at the rate of this example), as opposed to $1 million USD (if it RV's at 1:1). This is all speculation, since we don't know how this will play out, and is being talked about as a way to play more of the possible scenarios.

I had "The Marriage Ref" on TV while reading the posts tonight. One of the contestants was complaining about her medical doctor husband's hair brained scheme of growing grapes for wine when he had no idea how to grow any type of crop, to include back yard jalapeno peppers. To add insult to injury, she drove his schemes home when she said that he even bought Iraqi dinar as an investment. He half heartedly defended himself by saying that he still hoped that investment will pan out in the future. It definitely caught my attention... just don't know what it means. The judges and audience voted that he should not grow a vinyard...his wife even won the money and billboard embarrassment award for the night. I don't know how good my intel is, just reporting what I saw and heard first hand. I didn't think that it was a laughing matter, but it seemed that she thought it was. No link available.

Eddie21...great blog site..so much info

I think that this decision could be financial...based on the number of people calling in to ask questions and verify "intel" over the past month or so. The reason I say this is that, according to the dinar sites alone, more and more people are phoning their local branch (or someone they know at the management level) to verify what is being said on the sites. This does not only tie up phone lines (as has been mentioned time and again on these sites), but places a huge burden on the time employees can do the work in front of them. This then translates into work not getting done or additional hours employees work per week...multiply this by hundreds or thousands of employees answering these questions. I know that it seems that a phone call takes only 5 minutes (or 10-20 minutes to talk with a manager, phone the currency department, etc) and might be termed good customer service or the cost of doing business to some, but it costs me well over ten thousand dollars per year in salary (over and above the helpful and courteous employee) to pay one person who "goes out of her way to do extra" and be "so sweet and fun/helpful to talk to" ...because this person spends an extra 1-2 hours per day in overtime finishing up the work they could not do because of all of the questions. Totally unfair that such a sweet person works so much...and expensive for the business.

Wow...if I were going to call this (from the scratch of the suface that I know), I'd say that the political stand-off between the Republicans and Democrats is playing perfectly into the hands of Maliki and Iran's back room deal to weaken (if not crush) the financial power of the USA. All the while, Shabibi is trying to move his country forward (including a re-value to the currency), Maliki is stalling, and the US political parties fight amongst themselves while the budget crumbles. Add in a few (possibly orchestrated) Middle East uprisings and (not orchestrated) natural disasters to divert attention, and focus gets diverted by chaos. Sounds like world politics to me...or a chess game...somewhat explained by "The Art of War".

Thank you for taking the time to gain some insight concerning a few of the rumors and for posting this info. I found it valuable.

Wishingonstar: Thanks for taking the time to sign in to send these posts...to include the personal info concerning your cousin. I'm sorry that you were personally slammed, although I do understand that people are getting frustrated with info that has been passed along and the events not happening when expected. Please pass it on that some of us send thanks your cousin for passing along his experience. With the information that I have heard lately, I expect this to happen sooner than I thought (just last week).

Thank you for the post. I hope that your conclusions section has some suggestions on protection of assets...looking forward to something that might work. Can't find a nice little iceberg out in the ocean any more...they're melting.

Sorry, I kept writing this year, but most of my expenses were last year. I had dinar related expenses for both 2010 and 2011. My question was for the 2010 tax year. Thanks.

I normally pay taxes as an individual and a S Corp business. This year I invested in Iraqi dinar and completed paperwork for a trust (for the dinar investment). My CPA knows that I have invested in the dinar but does not have any of my specifics at this time. I will take them to our meeting next week. I plan to talk with the currency tax lawyer she suggested after the RV (when I know the specifics of the RV) but have an appointment with my CPA this week for my 2010 taxes. My question is this...how are this year's purchases of dinar and set-up fees for trusts, etc dealt with for my 2010 taxes? I suspect that these expenses are write offs for this year's taxes. Thank you in advance for your help.

What is the best way to invest in silver? ...opinions please

I had a family member try to figure out the answer to this question when everything was projected to crash due to Y2k...she stock piled hundreds of pounds of sugar. Her reasoning was that people are addicted to it and she would be able to barter with it...might be as good as anything. If you seriously think that everything will crash, like the great depression, then a few hundred dollars invested in packets of vegetable seeds might prove to be more valuable than sugar. Small houses that can be rented out have proven to be a good source of revenue in the past...maybe 2 bedrooms, with an easily converted room for a third bedroom...a wood burning stove might be nice, depending on the weather in your area. Everybody needs a roof over their head and more people are projected to lose their homes within the next few years. This set-up is pretty good for families or room-mate situations, although some people might not be able to afford rent. Only buy what you can afford...you don't want to end up in a tight spot either. I know that this sound bleak, but if a worst case scenario were to occur, a few packets of seeds could be included with each house for a back yard garden. If it gets that bad a reciprocal trade agreement with the renters/family members/friends for veggies (and maybe even some eggs, etc) could be set up...yours could be included as part of the rent. Everybody will have a roof over their heads, will stay warm, and should eat well. I hope to never see this scenario as being a necessity in our county but already know of people buying houses like this, others who have lost their homes and are living in multi-family situations, and neighborhoods with communal gardens. I don't know of any who have put this together as an investment plan. Just to put it out there...I also know somebody whose father held the contracts for a number of houses during the depression and gave the contracts to the families that lived in the houses free and clear after the crisis. She lost her inheritance, but he has always been a hero in her eyes.