Bye the sea

So as to be clear: One Yen = One Penny The way it is written, someone might think you were comparing it to a One Dollar bill. So as far as that goes, the U.S. has a currency worth a cent too, and the largest donor. So it is highly possible the Dinar could be worth a Dime someday just as it is. Merely remove 2 zeros and you are basically at that point. I personally would allow it to float to that point, but it is highly possible a Dime is near.

Now that was funny.....You smoked him.

As of today in the Wall Street Journal, Saudi Arabia current exchange rate is 3.75 riyal per USD!!!! I think this beat 1163 per USD on any given day!!! Just to be clear, the Saudi riyal is .26 cents to the US Dollar not $3.75. I'm sure it was just an oversight. All the best, bye the sea

That is simply fantastic. I love it when these people whom spread this junk get caught. Great job. Oh, and thank you for your service. Whether it currently be a contractor or Service Man I thank you. Bye the sea

I read your whole post lol.....you are still right, it boils down to the money supply but your thinking for the wrong reasons.... That's what I thought. You don't have an answer a 60 Billion dinar money supply which services a budget of 100 Billion and some 31 million people. You just tell me I the wrong reasons. Talk about Lol. Plus, you may have read my post, but you did not quote me accurately, and you tried to make my comments appear other than what they were. Time for a walk on the beach with the wife. Nite all

Posted again since I was taken out of context and my comments looked as if I believe in the minimalist or so-called neutral event: Remove the Zero's....then try to have a country function with a 1:1 as you leave yourself with a $60 Billion maximum money supply and float currency. ( This includes electronic non-monetary assets don't forget. ) Then tell a country with 31million people to function as they normally do.... As you watch as your country men sell more oil than ever before, be sure to watch the gauge of inflation, because the velocity of the money increase rapidly. It will be reminiscent of the World debt clock as it soars away... Then, on top of that.....try not and honor the old three zero notes which have been your currency for years and years...... And as you and your family are being burned and hanged in the Baghdad square tell me how much you like the mindset of the Loppers and that 1:1 neutral event....... It all boils down to money supply and the Loppers know it. For all you true Dinarians, don't let the Loppers negative lifestyle and commentary influence you! Regards all, bye the sea

Read the whole post. it can't happen as you would like many to believe. Taking people out of context can be a weapon many use to prove many things. People try that with the Bible all the time. If you read and comment on the entire post you should be able to grasp the meaning of what is coming, and it is not just a small change in the currency, it will be big.

Remove the Zero's....then try to have a country function with a 1:1 as you leave yourself with a $60 Billion maximum money supply and float currency. ( This includes electronic non-monetary assets don't forget. ) Then tell a country with 31million people to function as they normally do.... As you watch as your country men sell more oil than ever before, be sure to watch the gauge of inflation, because the velocity of the money increase rapidly. It will be reminiscent of the World debt clock as it soars away... Then, on top of that.....try not and honor the old three zero notes which have been your currency for years and years...... And as you and your family are being burned and hanged in the Baghdad square tell me how much you like the mindset of the Loppers and that 1:1 neutral event....... It all boils down to money supply and the Loppers know it. For all you true Dinarians, don't let the Loppers negative lifestyle and commentary influence you! Regards all, bye the sea

I just got the new Dual-band Belkin 750. ( $99.00 at Staples ) One band is for streaming TV or games while the other band is for surfing the net. The company promises no drop in speed either up or down if you want to run all 3 simultaneously. I have found it to be true. This modem is a beast. The downloading of music on Itunes and streaming from Hulu and Netflix is unreal. We have 4 Macs in our house with several TVs so there is always cross-over. Not a problem for the Belkin. That is my experience.

That was great Delta. Thanks for sharing.

This is what I wrote a Bond Lady, and I thought I'd share it here. Parliament is gone for 30 days as of now when they leave mid-March. It's basically scheduled for them as a Ramadan type break. That could change but we shouldn't expect much of anything till mid-April. I think Kaperoni said the same. Of course we will see the usual Emergency meetings and special back room deals of past. As for start of the fiscal year, I have wondered, does it the start of a year begin with the release of the budgetary funds, or just the passing of the budget? I am not sure, but regardless, Shabibi and Saleh seem to be very bothered by what is transpiring in the media. Just the article campaign alone trying to mis-direct the masses has been quite spectacular to say the least. These guys are really bothered their plan is being discovered, and followed. I do think the concern is inflation, but my concerns of inflation aren't as strong as your convictions.(Bond Lady's) Now we wait to see if it is enough to side-track this plan, or if the 2 CBI boys have the stomach to see the poverty and unemployment last for another year till Jan. of 2013. Will all the spending and recent rise in oil prices be enough to make the CBI boys pull the trigger? I sure hope you are right BL. As for me, if this article does nothing else, it finally gives me a drop-dead date of Jan. of 2013. NO, I don't think I can wait that long, nor do I want to. However, if I'm forced into waiting another 10 months....So be it, and game on boys...I can take anything the CBI boys throw at me, Ha, at least until next Jan. -- game on suckers.... Personally, I still have the feeling the passing of the budget for 2012 has something in store for us. I think somehow it is a trigger point. I have said that for months, and I still believe that. Yet is this passing a significant break, or is it just another notch in a worn down process? I just don't know, but in my mind, I think it definitely is a demarcation line in the sand of some sort. Best regards to all, and thank you Dinar Vets. Bye the sea

Yep, agree with you Stryker, they have definatety changed how they are doing things. No more telegraphing their next move. I just thought yesterday may had been a one day correction of sorts, but 2 days in a row is certainly now telling us they've changed. As for not posting, that is true, I read and lurk a lot here. I rarely comment. Thank you for your reply, and best wishes. Bye the sea

Closed auctions are upcoming on Friday and Saturday, and possibly Sunday too with the National Holiday. Thus, I am to believe the Country of Iraq will function its $100 Billion dollar budgetary needs on $7 million in CBI auctions in a 5 day period. This not really possible, just given oil sales and all that takes place. Obviously, what is occurring is being hidden from us at the public level. It is indeed possible these numbers are representative of lower denoms, but that doesn't tell us where the other auctions are being reported. Where has that daily money gone to? As we all can see here, the CBI has hijacked its own reporting system, and is completing part of a project. Is that project the control of inflation? Is it part of Phase 2, and the RV? I wish I knew, but with such little information coming to us, we just have to wait and see what they are up to. No doubt, they are up to something. Now it remains to be seen if it is a BIG project, or just some small house keeping detail, such as merely rectifying an in-country trade imbalance between curriencies or such. I wish I could be more helpful. Best regards all, bye the sea

Thank you Adam for commenting on my opinion. Best regards.

Legolas has given us all a reason to invest in the dinar even more so than before, and I personally thank him. For example, the U.S. stock market, where most invest, is virtually the same from when Bill Clinton left office till now. With many ups and downs in between yet most will agree, 10,600 in Jan / 2001, when he left office is virtually the same as 12,400 today. 1800 points, up 16% in 11 years, not exactly anything to brag about at all. For those reading in Europe, you are virtually the same to, give or take a couple of countries. So, why not invest all you can with a currency that will grow. Even after a ' Legolas LOP ', the famed 3.22 is actually close to 4 times your money, and a PENNY is 12 times your money. Maybe it's not what Okie promises, but regardless, Legolas has given us great reasons to invest in theDinar. That certainly hasn't happend with the Dow, Nasdaq, or Curriencies. Since he is so concerned about our well being, we ask, "where do you suggest we invest"?, Please sir, show us your truthful track record. We'd love to see your results so we may critique you and your decisions. Afterall, you take it upon yourself to let us know how we need guidance. Please take a positive role and lead us Sir. Leave us a link so we can all follow your lead and advice. We in the Dinar World have seen article after article stating once the plan is revealed, we feel we are going back to the glory Dinar days. I encourage you all to hang tight, it may be longer than you expect. However, I'm sure it won't be the near the losing way of Wall Street and the evil bankers whom have stolen from us time and time again. They self appointed concerned gang here may argue that the Dinar will drop in value and indeed this is a possibility, but I'd bet that if you give the Dinar 11 years just like we have with the Dollar, Euro and Dow, the value upward would be staggering. Much better than having it in the United States currency or Euro. Plus, with Bond debt coming due in Europe in 4 short months, talk about a losing...watch the Euro folks it is down close to 15% in 4 months while the Dollar is up about 10%. Let's give the Dinar 11 solid years and see who wins. The average Hedge fund was down 4% this year, and Mutual Funds were worse. I appreciate his wake up call to invest more in the Dinar. I thank Legolas for his encouragement in helping me see the Dinar to be a great long term investment. Now we all are waiting to see your leadership. Take hold of this opportunity Sir so we can follow you to economic wealth and prosperity. Regards, Bye the Sea Emerald Coast, Florida Panhandle

Whoa....as the article stated, this was a blow to Allawai. It looks as though Maliki pulled off a quorum, and they passed numerous drafts of law. Next Saturday, usually means 'this coming Saturday'. I wonder what they passed, and I wonder what we will actually see from this. Thank you for providng this article. bye the sea

I agree...... They can't agree on anything.

2 interesting quotes from this New York Times article: " The time has come for decision, and the Iraqi leadership, one choice: either to create an environment suitable for foreign investment, administrative, or accept the slow growth rate of oil production ". " This money will be difficult to obtain if the Maliki government continues to stand in the way of foreign investment ". for / New York Times Thanks for providing this.

My comments to F8 who said that after 50 years the dinar in its current denominations will not be worth more than a penny. Taken from "An Interview with Enoch8" Bye the sea said... F8. The money supply is being reduced, whether by 'raising' the zero's, removing the notes, or changing the exchage rate. While 40 trillion may be your number, I too agree that a RV at such levels is proposterous. We will see the money supply in the Billions in the future. However, prior to the War, the exchange rate, and the value of the dinar was much higher than now as I'm sure you are aware. Thus, it is my belief the Iraqi government wants a currency more substantial that what was artificially given to them during wartime events. That value may be a U.S. penny or dime, but I do see a value increase sometimes in the next 2 years. I bought this investment expecting a penny after 5 years. I do think that number still comes into fruition. Just a thought, but if you see this investment and our involvement as foolish, why write your commentary here. Why do you care? In my opinion, nothing you could really say to any dinar holder would cause them to sell. So why write, why not let us all lose our money? Why not just let us smile in our make believe world till we learn the horrific truth? You may feel as if you are helping some to find the truth, thus your motivation. However, I somewhat doubt anyone gets out of this investment because of your words from someone they don't know, who goes by F8.. Just my opinion of course. Best regards, bye the sea http://######.blogspot.com/2011/12/interview-with-enoch8.html

We are on the edge of Civil War in Iraq. How's that for an opinion. Political issues, if not handled quickly and correctly will spiral downward and a War may indeed break out. Maliki will do all he can to survive, but there is a powder keg in place, just no one has started the match yet. My thoughts are similar to what the retired U.S. General said on Fox News at 3pm today. Let's hope Maliki can negotiate a path out of this, but things are beginning to simmer.

Saw a retired General on Fox News just now saying the same thing. Iraq is quickly falling into a Dictatorship, and the Obama admin. better shape up in its treatment of Maliki. He said this is dangerously looking like the old days of rule of law.

A 1:1 is indeed possible, otherwise we should have alerted the CBI and IMF and saved them millions and millions in the Feasibility studies. After all they were performed at $1.13 for years. I am not saying it is a done deal, but to say YOU KNOW, is just plain wrong, because you don't, and neither do I. I have planned for an RV of 4 with a removal of 3 zeros, that allows me to retire. Anything more than that is just pure gravy....yet, in the back of my mind, the possibility of a 1:1 is existent and has to be in the formula, otherwise why did the IMF spend 5 years of studying. In addition, many articles have talked about the 2 currencies existing side by side for a limited period, but are you suggesting they just keep the old forever. We've seen time limits in too many places to think they are good till eternity. The articles have suggested a time period, and I feel certain they won't throw away the new currency, thus, the old will indeed be removed. Plus, they only last 5 years anyway, they aren't that good of paper quality. Plus, the old doesn't have Kurdish language, and that is a stipulation of Erbil for all new dinar from Aug. 2nd forward, the old will be removed, but who cares, I will long be cashed out. The MOF or MOP, it doesn't matter, but you didn't address the IMF which I mentioned as well. They do have quite a big stick, and have a huge interest in this race. Turkey dis-obeyed them to start, and they had to be bailed out. Iraq and Shabibi may not be held to the actual International law by the IMF, but they might as well be. Their advice is gospel, and Iraq won't make the Turkish mistake. 1:1 Impossible, NOPE. It has a chance. More than likely, 4:1 or 3:1 probable after 3 zero's removed. However, the World is pimping Iraq, and it may indeed be the savior of the 600 Trillion swaps markets which are looming on the U.S. Plus, Bernanke knows he has to Mark to Market the Banks real estate mess someday, and the SWAPs markets can't go on forever. QE3,4,5,6 are out of the question the voters won't allow it, so this may be his way out. Thus IMPOSSIBLE, nope, It has a chance. We, the private investors may just be the collateral damage whom are allowed to fall into the bucket of honey. Once a person says they know it is impossible, then we all know they are wrong. Every theory here, within reason has a chance, regardless, and crazier financial things have happened. The readers deserve better from you, they deserve all sides, not just your impossibility theory or go up in value theory.

There have been articles stating 85% of the money supply has been removed from the their system and is closer to $5-8 Billion. Enoch and David proved that on the 2nd to last ReValue call. However, you fail to mention, oil prices were in the teens when they had double the amount of currency in the system, and the rate was 3.22, all in the 70's and 80's. Plus, since then their population has more than doubled, and World population has grown significantly, plus all the demand for oil has sky rocketed. World GDP is triple since then, and so on and so on.... The IMF has 5 formulas which are used for rate calculation, and the 5 year MOF study had a feasibility rate of $1.13. Why spend millions studying issues only to waste the money and throw it all out and say..eh...We can't do it. Not hardly. The Feasibility rate was a rate which lasted for 5 years in the study which was funded by the Ministry of Finance and they already were close to the answer before the study even started in 2007. The happenings and findings which have occurred merely proved what they had already proposed and thought. How do we know that the removal of the 3 Zero notes hasn't been happening right in front of our very eyes these last years? We don't, so offering a rate of 1:1USD is entirely possible, but a rate higher, after removal of the 3 zero's / RAISED then RV to $4.00 or .04cents from the exchange rate is also a venue. In my mind, I expect the $1.13 may be the highest, at best we could expect. So we may make 4 times our money on this investment or many many times that, but to lead us to believe we won't profit and say it is just not possible as you write in the above quote is just not right. If you look at all the variables, and not just the one you mention, it is entirely possible.

Wow, Honest Joe. Thank you for the information.