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Econman33

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Everything posted by Econman33

  1. http://www.silvertowne.com/p-11650-silvertowne-trademark-1oz-999-silver-bar.aspx And http://www.providentmetals.com/bullion/silver.html I buy from these two suppliers. Bars from Silvertowne ship for free. I have always had good service from them. I buy from one local supplier also, but his stock fluctuates. Silvertowne allows credit cards so you are protected and insured. Most deliveries come UPS. Provident metals has great selection but they charge a little extra for CC purchases and shipping. Just my two-cents here. Here are my favorite bars for the money. Free shipping. http://www.silvertowne.com/p-11651-silvertowne-trademark-5oz-999-silver-bar.aspx
  2. Ask yourself one simple question. If this were a penny stock and you were already holding it, would you sell based on what we know right now?
  3. He is a banker at WF in CA. This has been discussed many times. Nir, thanks for the input.
  4. That's because some people listen to Okie who says that it will RV at $5.27+. So Okie believers give negatives to those who state realistic numbers like 1:1
  5. Agree Also last I checked Venezuela has an idiot dictator running the country. Not exactly what currency markets like. Just an FYI since you are researching. Same with the Dong in Vietnam (Communism). If you are going to compare, please use apples with apples, and research more. Iraq lost value overnight, they have a right to reinstate some of that value overnight. If they do, we gain. If they don't, we learn.
  6. My take is he is saying they are keeping inflation to one decimal point (single digit) inflation. I do not see any exchange rate given. They are claiming the low inflation that CBI claims is incorrect and it does not truly reflect the real inflation seen by the Iraqis.
  7. Based on CBI statistics, there is about 54.7 Trillion Dinar. 24 trillion outside of banks based on their November numbers. 30+ Trillion in Reserves. Notice how the Reserves have grown over the last couple of years. Look at required reserves and Excess reserves at the bottom 5 and 6 a & b. Reserves are more than 4 times required. That is stabolizing. Just an FYI. Sorry but $3.22 was not recognized by anyone. Saddam did that, the market did not. He was jealous of Kuwait.
  8. My first thought was it was another Obama "kumbaya" party to throw.
  9. This link describes QDDR as it relates to State Dept. http://www.peacewomen.org/portal_resources_resource.php?id=1192
  10. If I am reading this correctly, the articles is talking about areas of the country that do not produce oil. Those areas need revenue and jobs just like the oil producing areas. I believe the translation is misleading. Another article was posted yesterday referring to the same problem. They are saying maintaining border areas are important and should warrant oil revenues too. Border outlets refers to pipeline or important points of entry. Just my take on this.
  11. Great post I couldn't agree more. Besides if stockbrokers were that good, they wouldn't be stockbrokers anymore. I have a very wealthy brother who has been invested for two years. He never said a word to me about it until I brought the Dinar up. His golf partner got him involved and he is worth 50 million or better. I recently heard an interview by an original investor in Facebook. He said he didn't tell a soul, because he would have lost credibility if it had tanked. Well I believe they were recently valued at 50 billion or more.
  12. Thanks. IMHO. That is the range I have been expecting. Although I believe it will rise higher than that in the future.
  13. Thank you I couldn't say it any better.
  14. Bottled water, canned and dried foods. and 22LR shells. All the big game will be taken first.
  15. It is almost comical. Earlier someone said Okie will use this article and mention this rate. He needs to quit sniffin the oil in the fields. Sorry. I really hope no one takes his prediction seriously.
  16. http://www.cookkileyreceiver.com/receiver-reports_29_160322695.pdf I was Google surfing Dinar and Bear Sterns and ran into this case. Nothing that is recent, but is does mention any movement would create nice return. Title should say "case that mentions Dinars as asset."
  17. Great point. We are currently dealing with this concept as it applies to China. They have kept their currency value low to maintain exports.
  18. Great post . I have lived in four of the above and completely agree with your descriptions. Thanks for the laugh.
  19. I believe this is the Nir that has been posting on this site for months. He has given his location several times. Wells Fargo in CA. He has been saying this for months. Considering he is from ME and invested, I take what he says seriously. Thanks for the post Mr. Rich. And thank you Nir for your input.
  20. Thank you for your insight. Let's hope they don't wait to long. Iraq stability is questionable at best. Iraqi people deserve better. The growing investment in Iraq this year will heat up the economy and the dinar will have to move soon or later.
  21. I would like to throw some info out that has been mentioned in this thread. If you go to CBI, click on statistics, click on Key Financial indicators. This will give you updated numbers. Looking down the list, you will see a-currency outside of banks and b-Bank reserves. This shows as of Nov 2010 there was 23,881 Billion or 23.8 Trillion outside of banks or a better word (everywhere but not in Iraqi banks). Thought this may help. http://www.cbi.iq/index.php?pid=Statistics.
  22. I believe this was debunked before in December. If I remember correctly, the misprint was that one said billion and the other trillion. It was on DV site. That rate would be nice.
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