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Sdr
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Posts posted by Sdr
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None of my math students like negative numbers. Let's hope we do not have to see any!
It's very simple...negate numbers are the BEST....just consider the benefits of negative losses........at leat for a while...my last post of " forget the RV" was the success that I predicted...let's try this one?
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If we were waiting until next year, there wouldn't be articles coming out about the need for a new currency/coins.
Why? Nothing has happened...the odds are nothing will
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You can have all mine for a mere dime a piece! :-) Such a bargain already!
Another one bites the dust..and another one.....not me guys...Queen........everybody has their excuse...so this is my choice.
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Many don't ( need to see it again) ... Cos they already know the obvious outcome ( for the dates predicted)
Ok then here is the challenge.....you possibly won't be able to buy dinar ANYWHERE...because of the RV that just happened....I have a few million....who wants them at say 70 cents per IQD........my guess...not many.....now how does truth sound.......not so good. Alright.......you can have them for 20 cents per IQD ...any better?
The offer is open until midnight tonight.........for everyone who reads, and believes in the RV tomorrow AND turns this down, please return my positive standing to where it was...I would like my negative 60 back!!!!
You got a negative 60? Did you set the record on here? Wow...
No, someone was blessed with minus 200 for atheism.
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Because some of us have seen this before.
And need to see it again.
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NUFF said....take some more bashing on this no doubt......
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Love you too sweeteart!!!!!
o yes frankie poo is paying me the big bucks god i hope this never ends where i can keep collecting!!hahahaha.Truth hurts.....
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I don't think "being a multimillionaire" is anything we are going to have to worry about...from the Dinar anyway....
You only got negative 5.......I got nearly 60??????
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Well, it seems that anyone whose name starts with O or F....I think you know who
I mean, gets away scot free with posts confirming everything from the existence of GOD to the clear fact the the IQD revalued lat mont. O oh and this month 5 times.
I have about 90 positive ratings to dispose of, so it's my turn.
There will be no rv. It isn't necessary for Iraq, so it won't happen, the currency may gradually appreciate as the country finds peace and equilibrium.....over the next few years.
So.....let's see the reaction........logically I should be aloowed to post this as undisputed fact - even though I did NOT see or hear about it from a bank, the IRS or CIA.
Rockerfeller forgot to let me in on this secret too.....so I might just be wrong....oops, am I allowed to be wrong?
Amazing how many people seem to think the same........Monday's still come and go...and will for a long time ....don't say I didn't tell you!
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That is all.
NO there won't!
If it was going to happen, it would have....regardless of the much lauded impediments that keep appearing.....all of which COULD have been negotiated away.
Repeat....IT. IS. NOT. HAPPENING.
one of the bigger jokes that the PUMPERS keep alive is the necessity for Iraq to RV...well news ..they do NOT have to RV....no even if big O says so.
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FACING THE RUMOR REALITY
When I first invested in the Dinar more than three years ago, the likelihood of turning an investment of a little over $1,000 per million Dinars into a windfall profit of one million DOLLARS per million, (or as much as 3.86 million if I had been crazy enough to listen to the claims of Frank26, Terry K, Okie and others) seemed like an extremely remote possibility. However, after reading all of the hype available at the time, and listening to several friends who were absolutely certain that the revaluation of the Dinar was “imminent,” I figured that I had little to lose if it didn’t happen, and a great deal to gain if by some chance it did. Needless to say, the chances have appeared more and more remote as the years and RV dates have come and gone.
At the time, the banks and dealers were charging approximately $1,050 per million Dinars, or roughly 23% over the current market value of $853 per million. I knew that if this seemingly insane revaluation to more than 1,000 to 3,000 times its current value didn’t occur, it would likely cost at least another 23% to exchange my Dinars back to Dollars. A potential loss of 46% on the investment was painful, but doable considering the potential gain. That was way back in 2008.......sooooo many RV dates ago.
Today, dealers are charging as much as $1,250 per million Dinars, or roughly 47% above market value. Exchanging back to U.S. Dollars in the event a revaluation did not occur, would undoubtedly cost at least another 20% (probably more) making the total loss on a more recent investment at least 67%. Those who have listened to the pumper hype and purchased “small” denoms have paid far more.
At this point, I don’t think anyone can argue that the pumpers/liars have played a very significant role in the sale of BILLIONS upon BILLIONS of Dinars since the rumors began in 2004, with literally hundreds of “has-to-RV-by” dates having come and gone since, and new ones replacing each failed date as they pass uneventfully. Almost inexplicably, people continuing to believe each new lie as it is artfully created. The dealers, banks, e-bay sellers, etc. have made millions of Dollars in profits at our expense. The more lies created, the more money made by the dealers. The government of Iraq has been the very happy recipient of huge profits as they benefit from what are quite obviously very long term, interest-free “loans” from U.S. investors. Meanwhile we wait for years with no realistic end in sight, afraid to sell our Dinars, fearing that as soon as we do, the long-awaited RV will occur. Brilliant marketing!
A rational individual would wonder why on earth Iraq would continue to export billions of Dinars to the U.S. each month unrestricted if they had any intention of revaluing each of those Dinars, currently valued at 1/10 of a cent each to suddenly overnight being worth $1-$4 DOLLARS each. They couldn’t stop it all, but they could definitely stop most of it. If there’s a logical answer to this question, I’ve yet to hear it, despite having spent more than 3 years on these forums.
Starting about 18 months or so ago we began to see articles in Iraqi media discussing the possibility of “removing the three zeros” from the large notes. This began an immediate and very well managed debate regarding the dreaded “lop.” The gurus and pumpers successfully twisted the perceived meaning of the concept to convince nearly everyone that this involved a DE-valuing of the currency, and that this quite obviously could never happen……and very logically, it wouldn’t.
What they have played down is the fact that the real purpose of the removal of the three zeros was to simplify the financial industry to #1) make “counting” the currency MUCH easier, and #2) to instantly increase the value of the Dinar to be more on a par with the U.S. Dollar and surrounding countries. Obviously, to do this a new currency has to be designed and issued (partially due to agreements with the Kurds that their language be included), but primarily due to the fact that they currently have no small denominations. Given the fact that the Iraqi’s do not like to use coins, notes of ¼. ½, 1, 5, 10, 25, 50, and probably 100 would be required. The total cost of design and printing of the new Iraqi Dinar back in 2003 was approximately $150 million Dollars, INCLUDING all of the heavy military security measures required at the time to distribute and exchange the new currency.
I’ve seen many people argue that there is no way that Iraq can afford to design an entirely new currency, and that they would therefore merely add new lower denominations. This is absolutely laughable given the fact that cashing in a very small handful of U.S. investors at a rate of $1-3 per existing Dinar would cost far more than the $150 million cost of this new currency. Very simple math establishes that fact. The holdings of 3-4 investors of 30 million Dinars each would easily cover that expense. A new currency would clearly cost thousands of times less than a straight RV.
Given the abundance of articles and speeches of the past few months pertaining to the removal of the three zeros, it is clear that Iraq intends to initiate and complete this process sometime in the near future. HOWEVER, that being said, how much sense does it make that they would be talking about it so candidly if their intention was to revalue the Dinar PRIOR to issuing the new currency? Logically, there is absolutely no way they could afford to do that. Speculation has already been rampant over the past 7 years. Imagine the chaos if people were told and actually believed that the existing currency was suddenly going to have a new value thousands of times greater than its current value.
Doesn’t it make FAR more sense that they would issue a newly designed currency, with a NEW value of $1-$3 or so, simultaneously requiring that the old currency be exchanged for the new at equal value for a specified period of time? Until collected, the old notes would retain the same value as the new (minus the zeros). This would effectively result in an increase in value for the Dinar of anywhere between 18-250% - which would be a HUGE increase by ANY investment standards, and far more than any currency normally increases. It would NOT be a lop……merely a redenomination with a concurrent revaluation.
To believe that our $1,000 investment is suddenly going to be worth $1,000,000 to $4,000,000 seems more than a little bit irrational, particularly given the fact that Iraq currently has at least 24-27 TRILLION Dinars in circulation. Why would they give away tens of trillions of Dollars they don’t have to, when they can accomplish the same increase in value using this method? I still haven’t heard a reasonable explanation that makes as much sense as this one.
For those of us who paid $1,000 per million, at a $1 RV, we would roughly break even. Our profits would increase depending on what amount the RV turned out to be over and above $1, to as much as slightly over triple the original investment if the RV is over $3. Obviously those who paid more than $1,000 per million would lose a small amount, unless the RV is substantially more than $1.00. The higher the RV, the larger the profit percentage.
Based on the currently available information, this seems to me to be the only logical scenario for Iraq. One thing is certain. It is painfully obvious that the BS from the pumpers is just that……PURE BS. To believe the latest rumor that the IRS is opening “cash-in centers” for the exchange of IQD on July 16 is pure stupidity. The IRS is not a bank, and has no means or authority under U.S. law to exchange currencies or wire money to banks. Those offices will be open, but not for the Dinar.
We can continue to believe the garbage that comes from these websites and conference calls day after day, month after month and year after year, OR we can examine the issue rationally and see the handwriting on the wall. To do otherwise after all this time is pure delusion and wishful thinking.
I’d love to be wrong and see them RV tomorrow at One Dollar, or even TEN CENTS "prior" to re-denominating, but I simply can no longer wrap my head around that possibility given what we now know. After all this time and all these lies, I sure hope we see at least a reasonable profit from our investment. Meanwhile, we continue to wait and watch the copiers and pasters bring the never-ending supply of crap to the websites to convince the newbies to jump on the Dinar express.
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Bottom line is, if you think they will be no RV, then leave! We already heard your argument........
Secondly, if you think you are here to try to "save" those who are hearing and believing the hype, then you are sadly mistaken that they can make their own choices. You, me nor anyone else on these boards can "save" everyone. Nor can you please everyone.
I just have a hard time seeing non-believers here on the boards telling us that it's not going to happen, but yet, still hang around and post....
Am I missing something?
So, please, do us a favor and go away.....
I see....so you would contend that this site has no other relevance than an RV? Hmm.......I missed the point on that one.
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Let's hope that this is it this time. It makes sense to go ahead with a UK ID RV.. Obama still refuses to sign the order to RV for political reasons. he may be holding off till the 2012 campaign is under way & take credit for it.
You don't get it yet....as most don't.this asNOTHING to do with the USA....it's an Iraqi event.
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Why would you think it wasn't necessary for Iraq?
Wouldn't it be necessary to validate their standing in the world market?
No......other couture manage just fine with over or under valued currencies
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I tried to make sense of this but couldn't. It was a combination of your spelling, which is horrible, and the fact that I don't speak DORK.
Roadrunner
Think you will find most peeps posting on cell phones get tangled with the English language.
BTW, this is a Brit who speaks ENGLISH not YANK or DORK...whatever that is.
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Hey SDR. I will give you .50 per million for all the dinar you own right now, then you won't have to worry about it any longer.
You are a most generous soul...especially when I can get nearly $4k on. eBay....yes REALLY.
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There is no SANTA!!??!!??!?!?!
If you think there is no Santa, you just subscribed to my " no RV".....and NUFF SAID
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WHAT A DUMB A. WASTE PRODUCT.
HOME STRETCH BABY!!!!!!!!!!! GAME OVER!!!!!!!!!!!!!!!
Shall we have a discussion on the same topic . You forgot that there was more than one...next week or next month?
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Hey SDR. I will give you .50 per million for all the dinar you own right now, then you won't have to worry about it any longer.
As I have repeatedly said, I am a gambler ...I gamble on seculation that just migh make a buck.....BUT I can afford to lose it.
Still trying to find a way to point out to those less fortunate...who are drawn in by the PUMPERS..withs the same words of caution that a lot of others post.
Thanks for the 50 cent offer.......don't need the tax Loss today.
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You are definitely allowed to be wrong! Just curious as to why you are here if this is what you believe? No real reason to stick around and bring everybody down! LOL Whats your undisputed fact???
Listen by all means you can have your opinion but please explain how you just came to this concluson!
Don't you get it....it's a joke......just like the PUMPERS.
Yes I have several million dinar that I would like to cash out at a nice rate tomorrrow.........does that make the point any easier....NO MORE PUMPING.
Please see my posts on that topic dot at LEAST six months........joke over.
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As I have stats of the number of times posts are read I can assure you that with this title your post will simply be ignored :-).
People won't even go to it to give you a -.
It's like posting on a dating site saying "I'm ugly, fat, old and I hate sex".
Or going to a Save the Whale conference and ask if they sell tuna sandwiches.
Or going to a Christian church and asking them why christianity is "The belief that some cosmic Jewish Zombie can make you live
forever if you symbolically eat his flesh and telepathically tell him that you accept him as your master so he can remove an evil force from your soul that is present in humanity because a rib-woman was convinced by a talking snake to eat from a magical tree..."
No, d bag was fair.....but raunchy, slim, and oversexed fits the "position" on this one, so I must have missed you enlightening point.......however you are a savvy customer......great observation....maybe i'll just get neg 25 or so..........from idle curiosity
I AM SICK OF PUMPERS........HOW MANY MORE TIMES DO WE HAVE TO LISTEN?
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Well, it seems that anyone whose name starts with O or F....I think you know who
I mean, gets away scot free with posts confirming everything from the existence of GOD to the clear fact the the IQD revalued lat mont. O oh and this month 5 times.
I have about 90 positive ratings to dispose of, so it's my turn.
There will be no rv. It isn't necessary for Iraq, so it won't happen, the currency may gradually appreciate as the country finds peace and equilibrium.....over the next few years.
So.....let's see the reaction........logically I should be aloowed to post this as undisputed fact - even though I did NOT see or hear about it from a bank, the IRS or CIA.
Rockerfeller forgot to let me in on this secret too.....so I might just be wrong....oops, am I allowed to be wrong?
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Possum you just won't quit huh? I would really like to know the actual number of times you have said the RV had occured. Its obvious you get a kick out of lying to people. You get the ones who don't know any better to belive you, but they too will see the Possums true colors. I hope when the RV happens you go to cash in and have all fake dinar or somehow it catches fire and you get screwed. You made it personal when you called all the people who didnt belive you COWARDS! Your never right so why would anyone follow you? Idiot.
If you are trying to insult him, I would try to be a little more precise about what needs to be inserted where ....and in vernacular that cannot possibly be misinterpreted.....OTHERWISE.....my feelings exactly!
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I didn't know the IRS got into the FOEX business. Thanks for this relable information.
Nobody has heard of an IRS futures contract??????.
Well guys, one expires April 15 each year....there are some other significant dates, but the fate of that one is fixed in stone.
BTW...I posed the REAL. IRS July 16th link a few days ago.....giving the correct reason for the open saturday show. Nobody listens to things they dont want to hear.?
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Saturday Bytes: Phoenix Sees The Start Of The Domino Process
in Dinar Rumors
Posted · Edited by Sdr