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Lakeway

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Posts posted by Lakeway

  1. January 8, 2011 By Fred Wilson

    Subject: 1-7-10 Frank recap

    I’VE TRIED TO PUT THIS IN A WAY YOU WILL UNDERSTAND. THEY ARE TALKING TOTAL CURRENCY ON THE MARKET. IRAQ HAS PULLED THE MAJORITY OFF THE MARKET IN IRAQ AND PER FRANK, HAVE BEEN DESTROYING THEM. THEIR M2 FIGURES ON THE CBI WEBSITE SHOW THE REMAINING CURRENCY AMOUNT STILL OUT. THAT WOULD BE YOURS AND MINE. WHAT THEY ARE SHOWING IS A DRAMATIC DECREASE IN THE DINAR THAT IS IN CIRCULATION. DELTA IS COMMENTING TO FRANK BELOW … “BURN BABY BURN” MEANS THEY HAVE BEEN REMOVING THEM AND DESTROYING THEM.

    Yes it is Frank and don’t forget to look at the CBI spreadsheet you know where they have the M figures and reserves….look at the M2 figures.

    LOL…burn baby burn.

    LOL…yes Frank they are shredding them like crazy. It says that their M2 is now at 56 billion dinars. It used to be so much higher especially at the beginning of the year. This number has shrunk because they have collected 85% of their 000′s and have destroyed them. Frank IMO the GOI will need the remaining 15% to run their banking systems after Sunday. If they RI on Sunday then they are back up to full capacity with their currency adjusting to the re-denomination with the LD’s.

    WCINTHAI ASKED ON THE BLOG LASTNIGHT: HE IS SAYING IF THE TWO FOLLOWING FACTS ARE TRUE, THEN WE HAVE TO BE VERY CLOSE TO THIS HAPPENEING. THE US MILITARY ARE ALREADY STRIP SEARCHED BEFORE THEY LEAVE NOW THE BOARDERS ARE BEING CHECKED FOR CURRENCY LEAVING THE COUNTRY. FRANKS POST LAST NIGHT STATED THERE IS A RUMOR OF A TRUCK ATTEMPTING TO LEAVE WITH 500M DINAR ON IT AND THEY SUPPOSEDLY STOPPED IT. (ITS IN FRANKS REPORT AT THE END from last night). BUT THE M2 FIGURRES BEING REDUCED BY 85% IS AN ADMISSION BY THE CBI THEMSELVES THAT SOMETHING IS ABOUT TO OCCUR.

    A couple of questions Frank. I would like to know if this spreadsheet showing 58 billion dinars, did this very same spreadsheet show 27 trillion before?

    On the army boarder watch, do they have specific orders to look for dinars or is this a general issue? If you can answer yes to the two questions, then that would explain were my socks went. Otherwise I must just forgot to put some on.

    AND FINALLY BELOW IS FRANKS RESPONSE TO WCINTHAI FIGURING OUT WHO HOLDS THE REMAING 000 NOTES ON THE MARKET. US. FRANK CONFIRMS.

    Interesting, I found them in the drawer. Then I was wondering if they will still remove about another 25 bln dinars which is the target, which should not be hard to do…..that would be us would it not?

    __________________

    …………………..INDEED!

    KTF,

    Frank

    Strip searched?? I find that HIGHLY UN-Likely! Perhaps that statement was an exageration or whatever but yournot going to strip search every soldier leaving IRAQ..... simply not happening.

  2. They pray 5 times per day around the clock. They post the 5 times in their daily newspapers. They always have a prayer time in the night. I use to live in SA and their prayers were broadcast on loud speakers. So nothing out of the ordinary there. It's normal.

    They have prayer at 2AM? I lived in the ME for yrs also and yes they do pray a lot I don't ever recall them praying at 2AM? Then again my recall isn't great......but still I find that odd...if it's even true.

    Hey I'm hopeful!!! :)

    GIG EM!!!

  3. I am a boot on the ground here, and I have ties and connections...not a word on an rv. I'm not saying I know Maliki himself or anybody like that by any means. But I think I would definently have heard something if it went down. Just be patient...

    For the most part the "Boots on the Ground" don't know anymore than the people here on this site. Why do you think they are all over these sites? I am certainly not knockin them but FWIW most don't have any idea.....It's not like they are waalking around Baghdad interviewing civilians. The next few weeks should be interesting though... :)

  4. Just another first time responding newb I am I am. Bought mine in '04 at Baghdad Int'l Airport. Been hoping ever since...

    You couldn't buy Dinar at the Baghdad International Airport in 2004..... At least not from a vendor or exchange ..... Maybe in the bathroom from some janitor...... Whatever...Good Luck!

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  5. Truth be told this is simply a place to have discussions with other hopeful humans. Nothing that we do or say here is gonna effect the outcome of this event. If your panicky and all stressed out go bowling or something, knit a pair of socks or whatever but really this is pretty silly seeing all these emotions displayed here.... It either will or it won't....... It is what it is.... Time will tell us all we need to know. Peace! :)

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