jimmey309

Newman -- Where there is life, there is hope. And you are very much alive. Am I extremely disappointed with the turn of events in the Middle East lately ? Absolutely. But I gain nothing by giving up and neither do you. Life is a supreme test for all of us. No doubt our investments in IQD test our patience. But I was told as a young boy good things are worth waiting for. So the RV must be a doozie ! Hang in there. j

easy -- Is it ok if you and I stay friends and we meet post rv in Vegas with the rest of Adam's group ? j

Qman -- Count me in ! j

This my 2 cents worth. I believe we should have fun on this site and learn about our investment at the same time. I am not going to pretend to not be disappointed about the current state of affairs in the world. The Islamic World is turning upside down. Iraq appears to be in disarray. Practically rebellion. It is difficult to accept my feelings that the RV looks light years away. But this is not etched in stone. Suppose sweeping reforms happen in Iraq and people go back to work. Maliki would no longer be considered the villain by his own people. My point is we never know what will happen tomorrow. This is why I get out of the bed in the morning. To see what will happen. I am extremely disappointed about this terribly unfortunate turn of events. But I have to give things a chance. There is not one American from Wisconsin to my knowledge that has any influence over the entire Islamic world. Lets stop blaming hard working Americans. And lets not begrudge them a living. Ok .

BanG -- Thanks for your post. Logically, it makes alot of sense. j

This is the revisitation of something very bad for us. Back in 2010, a bill passed that wanted all purchases of goods and commodities and services in excess of $ 600 reported and taxed. It is my understanding, this bill was repealed in 2011. This Washington initiative appears to be a re-vitalization of this nightmare. Most of us do not live in Washington. The idea is simple : Start off small. Tackle little things. Then zap all of us in one fell swoop. See one of my previous posts. Beware the government bearing stick it up your giggies in the night. In my lifetime, our government has only raped me financially and benefits - wise. I have no doubt this will continue. I am not a young man. The government continues to abscond with our freedoms. We have to find new ways to protect ourselves from these thieves / bullies. Only if we can work together in the system can we effect meaningful changes. For the time being, if we can stop this proposed nightmare legislation in Washington we can delay the newest breach of our rights. The longer we can keep the dogs at bay, the longer we will have a paucity of freedom. A paucity beats a blank.

The idea that some nation is going to tell its people what type of food they can ingest is extremely unfortunate IMHO . Where does the invasion into our lives end ? I don't know how we fight these power mongers , but we must. Or eventually prepare to lose all our freedoms. We can only do this together. I just do not know how we do it. But we better start working on it ASAP. Otherwise, we could easily see all of our liberties disappear. Is life really that good in the US ? Are we really free ? Do we have the money and resources to take care of our families ? I have always believed the only way to make real positive changes is to work from within the system. The protesters, the power brokers can handle. It is the infiltrators they can not stop / control IMHO. Not being able to chew gum is only the start. It is a sign of what's ahead IMHO. If I was not permitted to chew gum by my government, I might not openly say anything against my government or even give the implication of any modicum of impropriety by my government. Who knows what they would do to anyone that said anything negative about them.

Thanks for the comments, one and all. I am definitely not offended by comments. It is important for all of us to discuss this. It is self-evident that the US and Japan have no intention of ever re-paying their debt obligations. Maybe it seems unfair at a first glance to debt owners to forgive the debt. But the present system is clearly heading in a downward spiral at the moment. Maybe this is serious, maybe not. gjames -- I would like to believe the currency sweeping methodology will be enough. But it seems it might not be. So I am considering a " Plan B " if you will. The Paris Group is already doing something similar to what I suggested. Nothing in life is perfect. People always cheat and they always will. But without a methodology in place to constructively tackle things, we are always twisting in the wind. When people see the benefits to us all of working together, we all benefit. I suppose this is not realistic. So if 50 % see it, it is still a big improvement. I realize it is not likely to happen in my lifetime. But you never know. That's why we get up in the morning. And it would be great for the likelihood of the RV, too, if debt was forgiven on a global scale.

A Theory On Global Economics : One theory on how to handle the situation that exists now : Currently , I and many others, are paying for the debts of Japan, the US, England, upside down mortgage holders, etc. One theory is to forgive all their debt. Each country will then be permitted to monetize their assets. The USD can still remain the world's reserve currency. And the IMF's SDR might actually mean something then. Form an Economic Council of Nations. 50 countries will make up the council. The council will be the global economic sergeant of arms. Each nation will be assigned a credit valuation based on their monetized assets. Every time a nation steps largely out of bounds of their proposed credit cap structure, the council will impose penalties / sanctions. The United Nations clearly is not working effectively on the global economic solution. What do we think about this theory ?

tb -- Thanks for the post. If the CEO of Core Labs is to be believed, reading between the lines suggests that Iraq will take an additional 5 to 10 years to export 3.5 m + barrels of oil per day. I am thinking that an RV can not occur until the leaders of the financial purse strings controlling the exchange value of the IQD feel the true currency monetizationality of the IQD is a simple matter. Or in other words, can smell the GDP / implied revenue increase for Iraq being rather large estimatibly in their terms. A forty percent increase in daily production output would go a long way toward that belief IMHO. So on the surface, it seems we are 4 to 10 years away from any meaningful revaluation IMHO. j

My recommendation is to buy precious metals / rare earths from a reputable dealer like APMEX or MONEX. Both are fine. j

Mark -- Thanks for the info. j

Mark -- As always, thanks for response. What is CRT ? Regards, j

easy -- Oil prices on the rise, fractional banking, and the currency monetization policies of the IMF could help as well for CBI to move towards RV . Some of Adam's comments today important not to ignore.

Mark -- Are you there ?