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DeadGuy

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Posts posted by DeadGuy

  1. Where does the value of a Painting worth $3,000,000 go after a hole is poked through the canvass in an accident?

    I LOVE that analogy. Good work. As we sell, others will buy in hoping to catch some profit also. It's a circle, not a dead end. Iraq will never have to pay anything all out at once.

    Do US banks have enough cold hard cash on hand if everyone wanted everything they have wrapped up in savings?

    NO WAY!

  2. Thanks for the reply... The one thing that is ABSOLUTELY CERTAIN is NOTHING IS CERTAIN. LOL

    I always hoped holding Dinar now was liking jumping on a new stock pre IPO.

    The stock (new currency) comes out at a rate...... Those of us that already have the stock (old currency) will probably sell as soon as the new price hits.

    Then, as we sell, new buyers buy in hoping it continues to climb. That way all of the talk about Iraq needing 100 Trillion dollars to pay everyone goes out the window. the old holders will be paid by the new buyers. I'd love to see it start at a dime (or that .14 you spoke of) and slowly climb.

    Personally, I think we'll have plenty of time to speculate and debate on where it's going. I think things will START to happen soon, but until we see the new currency, articles to Iraqi citizens and shop keepers on how to use and price goods for the new money and things of that nature then it's still a waiting game. I don't see how anyone can think they are going to the CBI website daily thinking POW! New rate! Sorry, ain't gonna happen that way.

    To me, this is still months away from actually walking into a bank and cashing out. The wheels are in motion. I just think it's a longer trip than people think.

    Good talking with ya

    buds

  3. Dalite, I just read the PDF you posted. GREAT READING!!! Thank you for posting it.

    I know it's not talking about Iraq. Venezuela and Iraq are much different.

    The PDF said what I have been saying. The turnover of bills will be a lengthy process.

    Education of the public started first. That's what I keep saying. Everyone keeps hoping to wake up to an RV and it just doesn't happen over night.

    The thing about Venezuela is their exchange made no difference at all with the exchange rate of their money.

    Iraq has stated they want their rate raised to a more even rate to the dollar. If their currency exchange follows this EXACT path then they will not gain any ground.

    They will just use less bills, but the rate will not increase.

    So, IF (big if) Iraq follows this way they would almost have to RV after exchanging currency. Wouldn't they?

    buds

  4. Mid July was talked about so much and was mentioned by people 'in the know' that many people got their hopes up that this was our time.

    Now I think some people have splashed cold water on their face and realized this isn't happening over night.

    I can see them wanting to sell off some to make a profit even if it is a small one.

    Check the 'Completed Listings' and see how many auctions actually sold and for how much.

    My small amount can lay in the safe until I can sell them for ANTIQUES and make a profit.. LOL

    I'm reading this book until I see 'The End'

    buds

  5. Thanks Sirius!

    The funny thing is most of the people he offers it to walk away thinking "HA! He's not going to fool me"

    I saw one where he would trade the coin for a CUP OF COFFEE. The thing is, most people would buy someone down and out a cup of coffee anyway!

    I see our investment just like those videos. Before you can get happy or mad about anything you have to let it play out.

    They'll be PLENTY of time for yelling, screaming and finger pointing after all of this plays out.

    But, until Iraq tells me that my investment is crap, then I'll leave the analyzing, speculating, PHDing, auction counting, M1 and M2ing and every other angle you can look at this to people with more time on their hands than me.

    buds

    chuck

    PS: Legolas, I'm SURE you are right! It's great to hear every angle without name calling and anger. Thank you for that. I'm sure to a WHOLE LOT OF PEOPLE that this may very well be the most expensive lesson ever on investing in what other people say or do instead of studying for yourself.

  6. Legolas, then to those people my heart goes out.

    When it comes to money and investing people need to do their due diligence. This isn't a get rich quick scheme. It's a country trying to rebuild after a dictator murdered, raped and stole anything he could from the people. It's not like buying a share of stock from a company with a good track record.

    No the horses don't lie, but PEOPLE DO. If some people feel 'cheated' or 'duped' then I feel for them. Going into this I knew it was a very very long shot. Anytime you have a chance of big reward you have a big risk. I did not buy 1 Dinar because someone said something or posted a prediction on a website.

    I bought mine knowing it's a huge risk that if played out JUST RIGHT, would make me a good amount of money. Just like pulling the handle of a slot machine. Nothing more. To the people that was 'talked into' buying Dinar....... as I said earlier, my heart goes out to them. It's an expensive lesson on money management. They wouldn't bet their mortgage on a slot machine if someone told them it's about to hit would they?

    Best to ya

    buds

    PS: To me my attempted analogies were spot on.This is a HUGE GAMBLE.

    • Upvote 1
  7. I don't get the anger part of all of this. When you go bet at the race track you play trifectas, quinellas and Daily Doubles. They are a REAL LONG SHOT, but sometimes they hit and when they do it pays off well.

    When I sit at a poker table with 1400 other people in a tournament the odds are 1400 to 1 against me, but I play anyway because if I get lucky I WIN BIG. Poker of course involves skill also but to win a big tournament you also have to get real lucky.

    I 'bet' on Dinar after doing some reading, but about the COUNTRY, the resources and history. Not what OKIE or some other fool was yelling like a carnival barker.

    The only people who should be angry are people that drank the koolaid, invested more than they could afford to lose or believed all of the BS that was written by a COMPLETE STRANGER ON AN INTERNET FORUM. that anger should be directed at themselves for being sucked in by the rhetoric of others with agendas.

    :ile I said before. NO ONE KNOWS what's going to happen. there's not going to be a 'magic forex switch' turned on at 2AM. The country isn't going to completely change the way people pay for things without doing at LEAST 2 things.

    Here is Dead Guy's personal tips 1. New CURRENCY... you can't change anything without it. 2. Teaching people the new pricing structure.

    Until we see Iraq bringing out the new bills and showing their citizens how to use the new money then all we can do is wait and talk.

    buds

  8. Dinarck..... yep, let's hope something good comes of it. No need to sway either way until Iraq does whatever it's going to do.

    Like I said. I didn't 'Bet the Farm' on this.

    The people saying all the negative stuff reminds me of that one guy that stands behind poker players whispering about how bad people play and how good he is.

    Who knows how we'll turn out on this? NO ONE YET!!!!!!!!!!!

    I do know you can't WIN if you don't PLAY.

    Time will tell

    buds!

  9. Man, I was just watching a TV show where a guy was standing on the sidewalk trying to sell his $50 GOLD PIECE that is an ounce of real gold worth about $1500 (at time of taping) for 50 bucks. He was telling people the cafe wouldn't take that kind of money for payment.

    Over TWENTY people stopped to talk to the guy, looked at the coin and passed. Every single one of them thought it must be too good to be true.

    We have trained ourselves to keep a wall up, be cautious and everyone is a crook. We don't take chances or go with our 'gut feeling' anymore.

    We actually try to talk ourselves OUT of things.

    Well, my REALITY is: I know that NONE OF YOU ON HERE KNOWS ANYTHING about what is going to happen in Iraq. You can say what you THINK. You can argue, call names and DISSECT IT all you want, but in the end all we can do is sit back and watch.

    I bought my Dinar because I thought (and still believe) it will increase in value and that Iraq will be a player in the world market in the near future. I didn't spend any more than I would at a casino. That way if I lose it all, big deal. Nothing ventured..........

    So, relax, sit back and watch. No reason to get the blood pressure up if you have invested without betting the farm. Things will fall into place, we'll cash out (or not) whatever we have earned and go to the next deal.

    Just to leave you with a good story. I was at a flea market last Saturday looking at a woman's table with some costume jewelry on it. I found a ring that was white gold with 14K stamped and had 2 fake diamonds on it. I asked the lady what she wanted for it. She said "10 bucks, it can't be real gold 'cause the stones re fake"

    I actually tried to tell her it was real gold and she told me "Whatever you think. 10 bucks" So of course I paid her, came home, acid tested it, took the fake stones out of it, weighed it at 4 grams, put it on Ebay as scrap 14K gold with a Buy It Now of $99.00 and sold it within 10 MINUTES.

    Dinars = Too good to be true? I'll wait and see.

    buds

    • Upvote 2
  10. I read a news article a couple of weeks back about the 50K and 100K notes. It talked about doing this in two steps. First step was to make the 100K and 50K notes for large purchases ie: cars, homes,

    Then exchange all money and end up without any 3 zero bills.

    I can't remember the whole thing but it sounded good for us. At least I thought it sounded good.

    buds

  11. What's lacking now that is different from a year ago is RESPECT towards others. I use to love posting and having discussions about different aspects of this investment. I also enjoyed all sides and options that we had open whether it be LOP, NO-LOP, RD, RV and even the people saying "not for months". Personally I don't believe in the 'light switch' theory when it comes to dates and rates. I don't think we'll know ANYTHING until we SEE the new currency, the government informs the citizens on how to use the new money and show sellers how to set prices accordingly. Why bring out new money and no one know what to do with it?

    It feels like you can't do that anymore because people come on here now and want to insult anyone or anything that is different from their own opinion.

    Personally, I know that NO ONE REALLY KNOWS what's going to happen. So why bash someone just for giving an opinion? Plus, if a 'newbie' has a question or make a spelling mistake.....whew Lord help them.

    Anyway, I'm glad to get that off of my chest. I'll go back to mainly just reading now. If anyone wants to bash me, I'll setup up a meeting with you promising to buy you ice cream and I'll punch you right in the nose. LOL

    Many of the people writing hateful things would not act they way they do if they were talking face to face.

    I'm done

    buds

    Chuck

    • Upvote 1
  12. I can tell you when it will RV. It will RV soon after we see lower denomination bills being circulated and information passed along to the people how to change their buying practices and pricing mark ups with the new currency.

    It's not going to be a 'button push'. I think we will ALL KNOW a couple of days before it RV's. I think they'll be an announcement, a hold on money transfers and the the info to the population and the world.

    If it would RV right now the entire country would be in chaos and the people 'in the know' would make millions from the guys living outside of the main suburban areas.

    JMO

    buds

  13. It's typical. He over bought. Thought he was going to be rich over night. Now the electric bill needs paid and he wants to try to get as much back as possible.

    Reminds me of the people doing 30 day hold orders around Christmas. They felt good that they just lost 10% LOL.

    smartvest, you shouldn't have bet the farm (or trailer) on something you heard about at the livestock auction.

    I hope you get enough back that your wife can still afford that new rolling pin to hit you with for spending all of the check for money that didn't make you rich over night.

    • Upvote 2
  14. Do you guys really think they are going to "flip a switch" and it will done?

    Come on now. Have some common sense. Before they give a rate (or even a date when to begin) there will be TV shows, news articles and other ways of teaching the population how to use the new currency.

    This isn't an overnight thing. We'll know way in advance. At LEAST a couple of days but more like a couple of weeks.

    buds

  15. I still don't see this investment as an 'overnight millionaire' thing. I don't imagine Iraq just all of the sudden going "POP" and telling the entire country that their money is worth more.

    I think chaos would ensure. Price gouging and theft by the millions of people that doesn't have Internet access would also happen.

    I still believe we will start to see ways for the government to teach the people how to use this new money and it will be a slow, methodical process.

    I also think if it RV's then it will start low and climb just like a stock would so early investors can cash out while new ones buy in. That will be the easiest way to "Raise the Zeros" and get the larger bills brought in.

    Imagine what would happen in the US if our money changed overnight? People in rural areas would lose everything to someone that knows more than they do.

    I never have bought into the 'light switch' or 'push the button' theory. You just can't wave a magic wand to people, many of whom have no formal education and teach them economics 101 about how to buy and sell with their new currency..

    Just me

    buds

    chuck

    • Upvote 2
  16. Fearless Four is so true. If I could afford to buy houses in Florida right now, I would be on a buying spree.

    1500 sq. ft., 3 bedroom, 2 bath houses with pools are going anywhere from 50K to 80K within 2 miles of the gulf or ocean.

    It's crazy some of the houses my wife and I have looked at to retire next year. (We're retiring whether we RV or not)

    We even check 'Property History' and see where the house sold for DOUBLE the asking price just 4 to 6 years earlier.

    It will be a slow climb, but real estate will bounce back and home prices will rise again.

    It's just, the days are over where you buy your house KNOWING you can refinance in 3 years for crazy amounts of equity.

    buds

  17. I know LOGIC and COMMON SENSE doesn't play well with the Iraqi government, but here is what I think will happen now that we FINALLY ARE SURE something WILL happen.

    Now, remember we have all been on edge HOPING ANYTHING would be announced about our investment.

    Well with all of the new news and reports coming out we have LEAPED that hurdle. Our money IS GOING TO CHANGE.

    In my opinion, the people that were crowing "End of June" were CORRECT. Things like this CANNOT happen overnight. That's why I don't rush every night to check Forex or CBI. This process will take MANY, MANY steps to complete.

    Parliament voting -

    New money printed - (maybe)

    Public informed how to spend new rate

    Shop owners taught new pricing policies

    Old bills asked to be exchanged

    PLUS about 100 more things that is beyond my little brain

    All of this is going to take what? Say it with me guys......... TIME!!!!!!!!

    There's no use jumping at every news article. No reason what so ever to call someone names because they think different than you do.

    I honestly think this may take MONTHS to finally get to where we actually walk into our banks and that wonderful sentence "CASH ME IN BABY!!!"

    I mean, Iraq couldn't organize a slumber party without 3 months notice. Why would we think they could change the ME's economy overnight?

    Hey, I'm no guru or genius or even math whiz for that matter,but I DO KNOW I am closer today than I was yesterday for my investment to come to fruition.

    People saying "I told you so" to the guys that said "End of June" are only half right.

    The end of June is what will be called "The beginning of the END" in my book, but we still have many smaller news articles to read.

    This is gonna take a while...................... I mean honestly, did anyone really think we would wake up one morning and WHAM..... rush to the bank? That ain;t gonna happen. Many more bricks to this building's foundation need to be laid before we can have a party in it.

    buds

    Chuck

    • Upvote 7
    • Downvote 1
  18. I own Sonny & Cher's contract to be on TV for the VERY FIRST TIME dated May 30, 1965.

    They sang on American Bandstand June 12, 1965. That was the first time America got to see them.

    They got $427.50 for the performance.

    Not the same Sonny, but I just wanted to share.

    buds

    • Upvote 2
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