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andy3978

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Everything posted by andy3978

  1. I was wondering that myself. Thanks!
  2. You know that vast oil/gas reservoir that was found in the mid-west...somewhere near Montana & ND? Yea that one--that has more fuel potential than Saudi Arabia. A NEW us dollar BACKED by OUR own oil (just as the successful ME countries do...THAT is what will replace out worthless fiat currency. So all this deficit and debt to China...I wouldn't be surprised if it all got 86'd as well as out current US dollar in favor of a NEW us dollar that is actually backed by something tangible. Oh yea, the by-product will be the collapse of the Federal Reserve
  3. Hey Easy, is this some sort of hunger-type strike to expedite the RV? LOL if it is, I don't think Shabs is getting your message? LOL!
  4. Exactly just how many times was it that Israel handed Syria its a$$ on the battle field? When will these neanderthals ever get a clue?
  5. If a press conference were to be held announcing the RV, wouldn't shabibi be the one to make the address?
  6. Who is FRESH? Seems anyone who goes into a chat room these days is a new Guru.
  7. She's a washed up has been/never was. She's just looking for attention. Ho Hum Next thing will Andrew Dice Clay will make some outlandish comment followed by Danny Bonaduce
  8. Funny, when I walk into my Wells Fargo and inquire about the dinar I get a the deer in the headlights gaze then I get asked "what's a dinar". I guess new York city isn't as ' in the know' as Waco.
  9. There aren't enough dinar holders in the USA to make even a small dent in the economy. Don't kid yourself.
  10. These people bring idiocy to a whole new level. I cannot find the words...
  11. Dude, vending machines wont accept a Canadian quarter...what makes you think a bank will accept Dinars? It isn't even a recognized currency amongst international institutions. Try monopoly money first and let us know how that worked out for you
  12. I have to disagree with Adam's WMD hypothesis. Academically it makes total sense. How can Iraq protect itself, it's (hopefully) valuable currency, oil, resources, etc while still having it's hands tied behind its back. Practically speaking though, it's not plausible. The Iraqi military is lucky if they can shoot a rifle, and they are to possess some of the deadliest weapons on earth? No way. Furthermore they'd need a delivery system. An air force capable of delivering these devices, missiles as delivery systems. I just dont see it realistic. Iran will not invade overtly. There are still (and will continue to be) US forces in the country. Iran will continue to wage war in the way it has this past decade which is via proxy in the form of terrorist groups. IMO opinion the last remaining Ch. 7 sanctions pertaining to WMD is a non-issue. I feel HCL is still more important; however I feel these are diversions and stall tactics. When Dr. Shabibi is ready he will pull the trigger regardless of the other distractions.
  13. i love it how okie talks down to us. LOL
  14. It's funny how Adam's chats are the absolute antithesis of any of the 'Gurus' chats. We're fortunate (and intelligent) to be a part of this site. Thanks for the info Adam, and thanks also for taking that extra one second to be grammatically correct
  15. Okie Idiot Man: MY INTEL IS 110% GOOD AND ACCURATE. IRAQ IS A FLUID SITUATION SO THINGS CHANGE. EVEN THOU I SAID THERE WILL BE A BIG ANNOUNCEMENT AND THERE WASNT ONE, I AM STILL RIGHT AND MY INTEL IS GOOD. DONT QUESTION IT BECAUZ IT COMES FROM SOURCES SO HIGH UP THAT ONLY GOD HIMSELF CAN SEE THEM. NUFF SAID!!!
  16. 7:29 PM [scotti g] I however am not calling it and will not spread false hope. All these clowns do is give false hope to their mindless lemmings.
  17. Well then what becomes of the tens of billions of Dinars the cbi brings in on a daily basis via the auctions?
  18. I'd love to jump on this train, however Bank of Baghdad's currency converter doesn't even mention the Iraqi Dinar so I can't get too excited over this just yet
  19. Awesome! That's 225 Billion LESS Dinars out on the street. Keep them coming in!
  20. Was just wondering why we haven't seen a slip in the Egyptian Pound or Libyan Dinar. I understand that they weren't decimated line Iraq was however they aren't the pillars of stability either. I wouldn't expect to see an Iraqi style decline in value but I would expect their values to dip a little. Thoughts?
  21. I would suspect that Dr. Shabibi has a number in mind of Dinar on the street that would be acceptable for him to commence the RV. Anyone else can speculate on it but only HE would know. I suppose the long and short of my theory is that the auctions are Re-Denominating the currency for us. Bypassing a traditional LOP. IMO this is good news for us. If this theory is correct (which it may or may not be) then seeing large daily auctions is actually a good thing for us to see. Again I will state, this is only a theory and may be totally and completely off base. It's just another way to look at the situation. What do you think KeepM...does anything I suggested make any sense?
  22. Here's what I mean. This is the auction results from the auction on 9-15-11 DETAILS NOTES Number of banks 23 Auction price selling dinar / US$ 1170 Auction price buying dinar / US$ ----- Amount sold at auction price (US$) 194,983,000 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) 194,983,000 Total offers for selling (US$) ----- For each One Dollar the CBI pays out, they receive 1,170 IQD. This day the CBI paid out $195 million (rounded for easy math). So take $195,000,000 and multiply that by 1170 (IQD) and you get 228,150,000,000. That's just over 228 billion IQD now back in the coffers of the CBI. The question here is, do they destroy/retire these notes? Are they holding this money in a vault (and accumulating it) in order to keep the 24 trillion dinar figure out there so in one fell swoop they can set it on fire and reduce their money supply in order to RV the remaining (and sustainable) money? This way they wont show their hand? I cannot answer this question, but it does seem to make sense as an alternative to that basterdly lop.
  23. There seems to be a consensus here that the IQD will do 'something' relatively soon. There's the issues of HCL, Ch. 7, GOI etc which have been talked about as having great importance or other trains of though indicate they are mere details. Whatever The CBI has been issuing statements lately in a furious fashion. The indications point to removing the 3 zeroes; for all intents and purposes a LOP. Whatever Most here seem to be in agreement that the Iraqi money supply is grossly inflated. Numbers range from 20-27 trillion in circulation. RV'ing that amount of currency at even 1:1 would make Iraq's money supply worth 20-27 trillion dollars. This is more than the USA has out on the street. It's pretty much unsustainable. Whatever Here's the caviot: The CBI has been buying dinars in exchange for USD's to the tune of $200 million (give or take) per auction. At 5 or even 4 days a week for the last 5 years...that's a hell of a lot of Dinars they would have removed from circulation, effectively drastically reducing the money supply (an in effect 'removing' the zeroes from the currency). Now there are documents showing their money supply out there, but we don't know how accurate it is and not sure if it accounts for notes being removed from circulation via the auctions. So wouldn't removing a bunch of notes out of circulation yield the same results as simply lopping 3 zeroes off the notes? Sure it would. The end result is the money supply has been shrunk. It is evident that the CBI will not be 100% accurate towards their intent. If they were to telegraph their punches, speculators would go wild and storm the market. As of late I have been soured by the way things have been slooooooowly creeping along and have developed a negative feeling towards this investment. After some common sense re-evaluating of the situation (above) has made me feel a little better. One thing for sure is that any opinion (lop or non-lop) is pure conjecture and only the good Doctor knows for sure how this thing will play out. It comes down to how one defines 'removal of zeroes' or 'renomination'. For all we really know, the RV process has been ongoing for years now in the form of redenominating the IQD via the auctions. THEN the RV. People are saying they will RD then RV. Hell, maybe the RD part has been going on right under our noses for years now. Maybe it's time for the RV part to occur. Just some thoughts.
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