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cbisinger

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Everything posted by cbisinger

  1. Absolutely correct, give that man a gold star, so what else is new?
  2. So Glad that was written in ALL CAPS, Otherwise I might have believed it!
  3. It is romoured that 316,999,999 of those countries will be sold on e-bay, next Tuesday, after the RV WHICH AS WE HAVE ALL BEEN RELIABLY INFORMED, BY OKIE OILMAN, the master guru WILL HAPPEN ON Monday AT 10.28am PRECISELY AND OF COURSE YOUR LOCAL BANK WILL HAVE THE RED CARPET ROLLED OUT FOR YOU AT EXACTLY 10.29am
  4. I was thinking it was all over and considered cashing in only to find it's not so easy to do, the banks stopped accepting dinar in January. By chance I happend to meet another investor who didn't have any direct intel as such but is very up to date on what is going on, and we went over possible scenarios and how the global picture looks from various perspectives. In light of what we discussed I'm happy to keep sitting on them as I believe much of what he had deduced to be very logical and reasonable and at some point the dinar must revalue. While it remains pegged to the dollar, their is no incentive for anyone to use the dinar, the dollar is a much more convenient unit to carry around but that's not the only reason, Iraq is very close to becoming a full member of the world trade organisation and to take up that full membership they must have a tradeable currency. certainly the current situation needs to be solved first. Originally I looked at it more as a gamble than an investment, like a lottery ticket where if all else fails you might get your stake money back and that's the attitude I intend to go forward with.
  5. Not so, that's not the problem. The BRICS, Brazil, Russia, India and China are "Joining the IMF, A new unit, SDR'S will then become the global reserve unit of measure and the BRICS will have also have representatives sitting on the board of the FED, This appointment to the board has to passed by the US Senate and as you can understand when that happens the dollar will effectively decline in importance and no longer be the worlds reserve currency and domestic US dollar devaluation will follow, the US will be Just another Country. They are seemingly reluctant to pass this necessary legislation. That's the bottle neck but this thing is very volatile and if they wait to long, that window for this option will close. It is this fact that made the US Debt ceiling irrelevant when the US defaulted on payments beginning OCT 2013
  6. Iraq’s currency, the Dinar, will be revalued, of that there is no doubt. But not anywhere near the exchange rate that many are predicting. Like my brother and I delivering newspapers, we could not get paid until the papers were distributed and payments collected. The dinar will not be revalued at a rate that cannot be supported by the actual production of the oil. Both Iraq and Iran are looking forward to 2020 to even come close to the barrels per day production that Saudi Arabia has now. addition, I would suspect that a regional dinar currency will be developed to support the economic zones SDR composition. And that is good news for many that hold dinar. It will be revalued sooner rather than later and it will offer a great return, but only as the micro of a larger macro and regional dinar scenario. The Above is an extract from this series of links, 7 parts gives a very good understanding of what the IMF is currently trying to achieve with regard to global financial stability, for me it gave the whole financial thing a better perspective and certainly he makes it all very easy to understand, it's in Plain English. SDR’s and the New Bretton Woods – Part One http://philosophyofmetrics.com/2014/01/21/sdrs-and-the-new-bretton-woods-part-one/ SDR’s and the New Bretton Woods – Part Two http://philosophyofmetrics.com/2014/01/23/sdrs-and-the-new-bretton-woods-part-2/ SDR’s and the New Bretton Woods – Part Three http://philosophyofmetrics.com/2014/02/04/sdrs-and-the-new-bretton-woods-part-three/ SDR’s and the New Bretton Woods – Part Four http://philosophyofmetrics.com/2014/02/06/sdrs-and-the-new-bretton-woods-part-four/ SDR’s and the New Bretton Woods – Part Five http://philosophyofmetrics.com/2014/02/12/sdrs-and-the-new-bretton-woods-part-five/ SDR’s and the New Bretton Woods – Part Six http://philosophyofmetrics.com/2014/02/18/sdrs-and-the-new-bretton-woods-part-six/ SDR’s and the New Bretton Woods – Part Seven http://philosophyofmetrics.com/2014/02/24/sdrs-and-the-new-bretton-woods-part-seven/ There are other interesting links worth reading too.
  7. Great, Only 2 things wrong with this post 1) ITS IN CAPS and we all no that's secret code for BS 2) DELTA Posted it. Filed in trash.
  8. There is No Law Requiring You to Pay Income Tax http://www.youtube.com/watch?v=rn_wHxY4Alw
  9. 1 I'm not, I just love all this utter BS, puts a smile on my face that some idiot took the time to make these funnies up 2 I am every time they tell me its about to RV, I run out as fast as I can and spend everything I've got on dinar, even then dog food money. 3 TerryK, is Gods Gift to Dinar investers, TerrK has been BSing for a very long time now and has earned a permanent place as a top BS merchant, they can't shut a great BSer like that up, can they? 4 Jesus loves the BS Artist spinning this dinar crap, Now we all think they are B"%*!&ds but Jesus will make it happen for them tomorrow, I believe it, yeh I'm that dumb.
  10. Yada yada yada what else is new bud? keep taking the tabs.
  11. Oh no don't ask for an explanation, they've got a million theories to justify their BS
  12. Bet wasn't as much fun as this one! Awesome http://www.liveleak.com/view?i=759_1340986225
  13. Yeh, yeh, It's written in CAPITALS which of course for those of us aware of the signs this means its all just Fiction.
  14. Tony's a 3 letter nickname for a marmmary gland (singular) Spewing lies and deceptions to get people to buy dinar, that's all.
  15. You don't honestly believe anything is going to happen prior to Ramadan do you? Its a daytime fasting "religious" holiday, Do you seriously think temptation will be offered in their midst at this time? Not a chance in hell. However when its over, that's might be an interesting time. I believe Shabibi ( الدكتور سنان الشبيبي‎ ) in an interview, (long time ago) mentioned something about after a holiday...
  16. The clock is ticking on the life expectancy of the existing bank notes. They are now around the ten year old mark and from the Fed figs on US currency life expectancy figures I'd think it safe to assume that these note have no more than 5 years left, tops, probably much less http://www.federalreserve.gov/faqs/how-long-is-the-life-span-of-us-paper-money.htm Presumably they will want this done before the notes totally disintegrate. From this and the age of the notes I think its fair to assume that it will be a redenomination first to introduce the new currency, possibly a slight change in value first, to simplify the exchange e.g. rate to 1,000:1, then RD 1 NEW:1 US, and any Revaluation will follow later by way of the exchange rate mechanism, which could still take years. The problem with that model is that these note we have will have to be traded for new ones! That would seem to be the most logical way forward. the small RD from 1166 to 1000:1 would ensure that nobody looses in the spread but get rich quick is quickly becoming a pipe dream! .
  17. Nope, sure as hell ain't nobody "cashing out in London" that's for sure dude
  18. World Bank Whistle-blower: “Precious Metals To Serve As An Underpinning For Paper Currencies” May 6, 2013 | By Tekoa Da Silva I had the opportunity yesterday to speak with one of the western world’s most courageous and astute women, Karen Hudes, Former Senior Counsel to the World Bank—now turned whistle-blower. It was a powerful conversation, as Karen spent 20 years with the World Bank as an attorney and economist, before being “let-go” after reporting internal fraud and corruption. During the interview Karen indicated that the world is rapidly changing, with western power structures breaking down, economic & political influence gravitating to BRICs nations, all amid a pending currency transition which will highly favor precious metals. Starting out by discussing the shocking centralized power she witnessed while working at the World Bank, Karen explained that, “A study done by three [swiss] systems analysts who used mathematical modeling [shows] how the [world's] 43,000 transnational corporations were being controlled through interlocking corporate directorates. There’s a group of 147 companies, most of them are financial institutions, and what they’ve done, is through the interlocking directorates, they control 40% of the net worth of these [43k] companies, and 60% of their earnings…so that group has been using the presidency of the World Bank as kind of a puppet to dominate the world—that’s [now] finished.” A major shock to that centralized power base, according to Karen, was the recent move by BRICs nations leaders to bypass the World Bank for their financing needs, by establishing their own development bank. “As the BRICs [nations] economic power grows,” she explained, “they’re not going to be strangled anymore through the grabbing [of] their resources…So their decision to start their own development bank was their way of letting [world] governments know…that its time to end this corruption.” Major moves toward monetary independence are also being made by growing numbers of U.S. states, Karen added. She explained that, “The states are starting to have legislation recognizing gold and silver bullion as legal currency. This is [also] a very strong signal the states are sending to the federal government, that the time to get serious about ending the corruption in the financial system is now here.” When asked her thoughts on what this all means for the world monetary system, Karen said, “What’s going to happen, is we’re going to have all the countries of the world, sit down and figure out what’s going to be the best, most orderly transition from the current system that we have, [which has] profound imbalance and unsustainable deficits…[this change] is going to happen as each country makes its preference known, because the system we have now is not transparent, and the biggest change [in the new system], is that there’s going to be transparency.” That transparency may be found through a gold-backed currency system, Karen noted, as, “All of the countries of the world are going to allow precious metals to serve as currency, and this will be an underpinning for paper currency, [as] we’ll have both systems at the same time. This is my guess, as I mentioned—I am an economist.” As a final comment speaking towards her difficult journey as a World Bank whistle-blower, Karen said, “I’ve been struggling now for years, to tell the American public what’s [been] going on. I haven’t gotten through, because this [financial] group has bought up the press and has been spreading disinformation systematically. That undermines the whole point of a democracy. How can voters vote without an informed opinion, without the information that they’re entitled too? So this strangle-hold on information is going to end in very short order.” —— This was a powerful interview conducted with a great American patriot and honorable world citizen. Karen is setting an example for the history books, and her interview is required listening for global thinkers and market students. To listen to the interview, left click the following link and/or right click and “save target as” or “save link as” to to your desktop: >>Interview with Karen Hudes (MP3) To learn more about Karen and support her work, visit: Kahudes.net Enjoy the interview? Please support the site by sharing this URL page link with friends, family, and your favorite chat forum. Thanks, Tekoa Da Silva http://bullmarketthinking.com/world-bank-whistle-blower-precious-metals-to-serve-as-an-underpinning-for-paper-currencies/
  19. Tragic news, on a par with when I heard about this
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