Vinman33

Cool.... Can you elucidate on how you proved it? Or is it just your opinion? Thanks!

Somebody posted a screenshot on DD's website of a Bloomberg Terminal. One of the items listed was, "IRAQ CENTRAL BANK GOVERNOR SPEAKS IN TELEVISED SPEECH." Pictures of the screenshots are below. You decide if they're photoshopped. Your call whether or not you choose to believe.

Yeah.................. just like people's real estate that the government has CONFISCATED by "Right of Eminent Domain." They pay the property owner some bullpucky amount and then turn around and sell it to a real estate developer so they can build a MALL. And the mall pays a bunch of local taxes, more than they ever got from the homeowner. This has already happened. They said, "It's for the good of the community..." unless you happen to be one of the citizens in the community who had your property confiscated. But hey, you got paid, RIGHT? "Give me your gold. I will pay you. If you don't, I'll shoot you, then take it and NOT pay you." I believe I read in this thread that people were paid some $20 / ounce for their gold under the FDR law. A period of time later, gold was worth WELL over $30 oz. But hey, people got paid, RIGHT? So F'n what??? What if they didn't WANT to sell? What if THEY wanted to make the gain on the sale? Tony Soprano would've loved FDR. This government sickens me day by day. I'm beginning to think the most precious metal we can own after this RV is in the form of blue steel, of the likes forged by Springfield Armory.

Compared to some 65 year old guy who's been saving for retirement for the last 35 years, and has (if he's VERY lucky) over $200K? YEAH. It's a VERY short ride.

Reports coming in that the KUWAITI Dinar is showing a bank rate of 4.11.

This sounds incredibly too painful for you. I'm sure someone here would be glad to assist you by relieving you of this "never-gonna-be-worth-anything dinar." P.S. I was in an RV for 2 weeks. Painful. Good view. I think Einstein said it like this "It is impossible to solve a problem using the same level of thinking that got you into the problem in the first place," or something close to that.

Hopefully his cellmate will be name Jean-Claude...

NO company will do business in Iraq unless and until they believe they will be able to take profit out of the country. Good news.

It's Klingon. No, I'm not kidding. And he called someone a bad name.

It wouldn't necessarily mean the IQD is getting "weaker," it could signal that it is the same, but decreasing in exchange rate relative to the strengthening USD. No worries (imho).

Imho, it has NOTHING to do with the IQD and everything to do with a slight bump in the strength of the dollar: Gold, Silver and Oil are all down in recent days.

If you're in FRONT of her in a camel race. . . think of the view SHE would be "enjoying. . ."

Took me a second, but I recognized one of the words as Klingon as well. That's disturbing. Shaka. When the walls fell. Darmok and Gilad, on the ocean. . .

"How ya doin' on the dinar investment, Charlie Sheen?" "Duh! Winning. It RV'd in Switzerland. . ."

In an interesting twist. . . I went to my BofA to speak with the manager on a separate issue: got ripped off through PayPal and had to get it resolved (we did, got our money back, BofA was VERY good about it). Then, at my wife's prompting, I asked her about the availability/accessibility of funds from a large wire transfer, possibly in the millions, telling her that we'd heard rumors that large wire transfers that are immediately accessed and wired somewhere else would raise red flags with the Feds and that the funds could be frozen. She said, "Well, if the origination point of the wire is inside the U.S. they can usually post in your account and be accessible in 24 hours; if they're wired in from outside the U.S. it can take a few weeks." [side note: next time you see a Hollywood flic where someone is wiring money and they say they're going to "kill the girl" or "blow up the building" if the money isn't transferred in 5 minutes. . . BS]. So. . . taking the next step, she asked where the money would come from (ie. Source Of Funds). I said with a smile, "Iraqi Dinar." She looked at me DEAD IN THE EYE and said, simply, "Ok." She didn't even FLINCH. No questions, no talk about 'scam,' no nuthin', just "Ok." And she said it quite matter-of-factly. I thought that was pretty cool.

After the RV? Go debt free. Do my best to get "off the grid," and help others. And. . . Buy a Springfield M1A with all bells n whistles, 2 Springfield XD9s (1 for my wife, 1 as a backup to my Glock 40), an HK MP5, and a CheyTac M300 with .338 Lapua rounds. Later I might get a .50 cal. And when I go off the grid, my "compound" will be equiped with a fortified turret, so I'll be able to take out the bad guys from long range. Of Course, all Dinar Vets folks are welcome, just flash your I.D.

R U a glutton for punishment? Just kidding. Sounds interesting.

Think of it like this. When we look at a COMPANY and their financial statements when determining Price-to-Earnings ratio (P/E) and value per share, they always talk about SHARES *OUSTANDING.* That means shares that are in the public domain. Companies quite typically have a TON more shares AUTHORIZED by their Board of Directors, but have NOT been released for trading. They do this ALL THE TIME. I know, I watched my old company do it more than once (release more authorized shares). They have to be careful when they do this because releasing more shares into the market dillutes the value of the shares already out there. Sometimes when a company releases more authorized shares, they actually have to do it in the form of a "Second Public Offering," as opposed to an Initial Public Offering (IPO). Of course, ANYTIME they want to release more shares, regardless of the method they do it, they have to get SEC approval first. So, they could have 27T dinar AVAILABLE, but not ALL OF THEM are in circulation. In fact, if you've been paying attention, they've been working to take the larger notes OUT of circulation. . . Now what would that do? Could help raise the value. . . kinda like what the CBI has been saying for months. People have to get this 27T notes in circulation thing out of their minds, it really doesn't mean a whole lot, because they're not all out in circulation, only a fraction are. THEN (as was well stated earlier), when you add fractional banking into the mix, the whole thing becomes much easier to understand. Anyone who thinks their going to RV at say, 3, and it's going to turn it into 81T, you just don't understand how the process works.

Added your +1

Ditto. Fact. My dad used to drive past San Pedro and Long Beach every day on the way to work. There, offshore, were TANKERS of oil. Then Jimmy PEANUTBUTTER Carter came in and created the Department of Energy, who's sole mission was to reduce our dependence on foreign oil. GAZILLIONS OF DOLLARS AND OVER 30 YEARS LATER. . . we're still doin' it. To add to what you said, "It makes me wonder why we import oil and export our dollars to those who. . ." take our money and use it to fund groups that want to kill us. That's just plain MENTAL. Especially when (you're right) we have so much of our own.

Possibly true. And as previously posted, Ali made this announcement a number of weeks ago. It comes down to a simple business decision: either the projected return is worth the hassle, or it's not. And the amount of "hassle" before one quits is different for everyone. Wrt the other business "investing in Iraq," I'll go out on a limb and say (at least the BIGGIES) they're probably working directly with government coffers, with the a little "enforcement" coming from their home governments. They stand a MUCH better chance of successfully conducting business because they won't have to go through all the bullpucky a little guy would have to do..

NOT THAT I FREQUENT THE FOLLOWING SITE REGULARLY.... but even Al Jazeera isn't mentioning anything about a 'Big Press Announcement.' C'mon Iraq. . . git-r-done already, will ya? Do something our own government can't even do. . .

My recollection as well. Seems some folks put 1 and 1 together and got 3 -- meaning, they read more significance into Ali's statement than what he said.

PUFF PUFF PASS!!! Hilarious!!! DYIN'!!! I'M DYIN'!!! OH MAN!!! Leno needs to get material from this forum! I'm CRYIN'!

AND THEN IT WOULDN'T BE A "RUMOR," would it? FILL IN THE BLANK: ". . . and to the ____________ for which it stands, one Nation, under God, with liberty and justice for all? SPOT ON, JF