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KANAGAROO
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Posts posted by KANAGAROO
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Bert
you know im not trying to sell you anything or aline you in any way im just the opposite . I keep telling all of ya'll .Do this on your own .Stay away from people that want to invest your money for your. If the economy Right now don't prove that point then there is no help for you.
It is your job to find people to invest your money with them!
Talk to 10 of the most influencail people in your arear and ask them who they would invest with. If a name comes up 2 or more times then interview that person to see if you want to use them.
You should become fiancially literate. Read books like "Rich Dad Poor Dad" and some of the books listed in the back.
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I am posting this because someone posted the Heads Up e-mail from Phoenix and left out half of the e-mail (the most important half)
Whole e-mail from Phoenix.
"Someone Bet $1 Billion Last Thursday On US Credit Downgrade!
Note from Phoenix: Heads up!
IF we were to see the revaluation of the Iraqi Dinar BEFORE the United States is downgraded someone stands to lose billions and billions of dollars!
So "someone" is poised to make billions and billions of dollars when the US is downgraded!
Now it is starting to become clear just why we are seeing this delayed! Whoever is behind this and whoever is in control of Obama is doing all they can to stop the pending revaluation of the Iraqi dinar to assure that they make a massive profit from the failure and downgrade of the United States. Just know and take comfort in the fact that they cannot stop the revaluation from happening but that they can cause the delays as we are seeing now and it is now all too clear as to why they have caused this delay.
Now as SOON as the US is downgraded and whoever this person is makes their massive profit we can expect to see the revaluations take place and whoever this is causing this delay is sure to make a massive profit from the pending revaluations also.
It now appears that all of the suffering and lack is being prolonged by design so some billionaire can become even richer.
No suprise.
Hang in there! We are close for this cannot go on forever.
Phoenix
Someone dropped a bomb on the bond market Thursday – a $1 billion Armageddon trade betting the United States will lose its AAA credit rating.In one moment, an invisible trader placed a single trade that moved the most liquid debt market in the world.
You only do this if you see an edge.
This means someone is confident that the United States is either going to default or is going to lose its AAA rating. That someone is willing to bet the proverbial farm that U.S. interest rates will be going up.
This had the hallmarks of one of the largest bond shops in the world knowing something the rest of the market didn’t.
The number of shops or even central banks that can take on this level of market risk is extremely small. Some that come to mind are hedge fund manager John Paulson, Bill Gross’s PIMCO, and the U.S. and Chinese central banks
http://moneymorning.com/2011/07/25/the-1-billion-armageddon-trade-placed-against-the-united-states/ "
Great balls of fire.
So let’s have intelligent people do the unthinkable. (Yes this is a fantasy with the current people in power). The President and the secretary of the treasury who forgot to pay his revenue fees got together and formed a plan. The plan was to bet 4 trillion dollars the US would default. When it does we gain 4 trillion dollars and pay off about 20% of our national debt.
No way is that going to happen!
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Folks they can pay the debt, pay ss, pay medicaid, medicare, military, and still have money left over. They need to quit foolishly spending OUR[b] money.
Arggggggggggggggggg !
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I think every single person or entity must pay taxes, if you want a government. No government then Anarchy. So I do hereby agree to implement a national sales tax of 15% to start with and eliminate the federal income tax. This tax applies to everything. A person that breaks the law gets money and buys anything in the USA pays the tax. No more underground economy. Anything that is imported pays the tax when it arrives into our country. A company makes 50 billion dollars here and spends 30 billion dollars pays 4.5 billion dollars. Not much, but a heck of a lot better than nothing. Just my
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Glad you started this thread Adam!
You are a [b]CLASS ACT[/b], thanks for all you do.
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I personally will only pledge to use about 25% of my blessing to create jobs here. This will be a minimum of 2, but based on my contacts and other resources this could results in hundreds of jobs after a few years.
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I don't believe you contacted the NR.
Someone with your poor grammar and spelling doesn't know what NR is, let alone actually read it! Why would you want someone in the press to write about this anyways. I could see it now. I promise you, we'd all be written in as a bunch of kooks chasing fairy tales!
:D That would be great copy! Hay, I am already thought as being an intellegent, but looney tune type of guy. Media could and would have a field day making everyone that invests to be as looney as knagaroo.
I have share this with well in excess of 15 people and only one got involved with it! OH WELL
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Good, raise the tax on the wealthy, about time and while at it don't raise the tax on the wealthy, go to fair tax as we should, it works, rich or poor pays tax on what they buy, our choice? If the rich dude wants that new 30million Yacht he pays tax, if he want's to pay no tax, don't buy! How simple. None of the rich people want to talk fair tax, that is like the Plague. Out Country would bring in far more in taxes than they do now as they are now getting tax from every one that buys! What a NO BRAINER................
Fantastic!
I agree lets have a flat tax on purchases of 15%.
This is great. The underground economy will pay lots in taxes, that they do not pay now. The rich will pay a lot in taxes still. Corporations will not be able to make 5 billion dollars and not pay taxes.
Bring it on please.
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They should tax the rich!! just like Warren Buffet said!!!
Great the top, what 54% of the population pays all of the taxes. The top 10%, I think pay 80% of the taxes.
So currently in the USA you have a choice be lazy and be in the bottom 46% or work and hopefully you will get more monatary benefit than the lazy. Our government policies have created the have and the have nots. The government inherantly has a lot of waste, that the private sector could help the unfortuate out and still make our country prosper.
is it the government job to redistribute the wealth. Should we change the way we were founded and just write our constitution that the poor must have housing, 2 color TVs, cell phones, computor, internet access, and have 1000 dollars a month to spend as they please?
Decisions Decesions
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Right, but where does he come up with those numbers? What is his logic?
Scooter has done massive resreach on all the known data from Iraq. Please search Scooter on this site. He has literally spent over a thousand hours over the years doing primary research. He took what Iraq has in circulation against what they have in reserves and came up with several figures ranging from about 10 cents per Dinar to in excess of 1 dollar per Dinar. The common mean was at least 23 cents per Dinar, I believe for 2009. 2010 was much higher.
I have some trouble following all of Scooters original research and I love mathmatics. His research is solid. Please take a look until you get dizzy and then take a break.
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OK here's a question I have been pondering:
There seem to be two main RV camps.
Group 1 believes the dinar will revalue in the .10-.30 range
Group 2 believes 3+
I found the reasoning behind the 3+ (Shabibi wanting to be in line with Kuwait and also because they are sharing a border and ports it makes sense for curencies to be close)
I can't find the reasoning behind the .10-.30. Can you guys help explain that?
According to Scooter the Dinar is worth 23 cents each. Give or take about 50% since he did this so therefore about 15 to 35 cents a Dinar.
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It makes perfect sense when their M2 is 59 trillion, how can you be an investor in their currency without being aware of how overinflated it is?
Overinflated so if they have 59 trillion dollars, then each Dinar is worth what if they have 256 Billion dollars in reserve.
The answer is 4 cents, so therefore how can you say the Dinar is overinflated ?
The question is how much is issued and what they have in reserve. According to Scooter they have enough in reserves so that each Dinar is worth 23 cents.
So therefore I presume that if it RVs less than that to hold on to your Dinar or bet on Forex it will increase in value!
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I think I understand things fairly well.
No one will like my scenrio, but here it is.
Shabbi will take the 25,000 note and say this is like a 2500 note and then raise the exchange rate to at least a dollar per Dinar. This would be equivalent to a rate of 1 milion current Dinar equalling 100,000 dollars.
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Bumper, Just because someone disagrees or doesn't go along with someones opinions does not mean they are bashing someone. It shouldn't matter who we disagree with, thats our choice. That is why Dinar Vets is so sucessfull, peopele can say and express how they feel. We are the United States Of America, correct, freedom of speech is one of the most important amendments in our constitution. I understand about keeping the language clean and moderating the chats, but to not allow someones honest opionion because it goes against what the site owner says isn't right. The mods allow pumpers to post complete lies so people who are uneducated will break open their piggy banks and buy more dinar, but someones honesty and expression isn't allowed? Socialism, not on my watch
I am just an average American citizen. From my understanding the first amendment right to our constitution is to declare the inability of any government, USA, state, county, or city from banning free speech. I think it would be silly for me to state "I demend my constitutional right to free speech" to protect me when I am on someones elses property and saying your an "Idiot, bum, no good person who isn't worth my time to be talking," However, I felt that today I would let you and world know what I think while standing on your property!
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Its a little more detailed then that......I believe here they can lend out 10 for every 1 dollar they have.....and in another sense for every 10 printed they only need to back up 1 of those.....
Now lets move to Iraq...... they have 50 billion (confirmed) in reserves....which backs up the currency 100% right now......lets say for instance Iraq RVs at 1 dollar (just to keep it simple) that means they will need almost 6 trillion in reserves to back that value with a money supply of 59 trillion dinar.....
50 billion is a far cry from 6 trillion thats needed.......see where Im going with this?
Sure I understand. However if one believes the Dinar is currently worth 23 cents a piece, which I do; then it would be easy to see an RV take place that would range from 10 cents to 30 cents per Dinar.
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Here is the scoop! All or almost all sellers of Dinar on the internet posted the security features of the real Dinar notes. They are really really hard to make a fake one, that have the house head water mark, the metal thread, and the other safety security features you find in the real Dinar notes.
People are amazed that when they give my a fifty or hundred dollar bill, that I can hold it up to the light and know wheither it is real or not.
Easy to do.
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Well slap my face and call me Betty!!!! WHAT IN THEE HECK IS GOING ON!?
Hi U BETTY ;-]]
All I can think of is the USA kept the funds they curently have under their control, but all new funds are handle under Iraq's control! But what do I know ?
You can call me Sue, if it helps
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Gees! Do what you want with your money. It does not bother Adam, or me, or most others wheither you get the most out of you Dinar.
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Have a great day, go cash in with Ali! He will appreciate it.
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Please provide the name, address, telephone number, and the name of the bank representative for verification......
I concur; I'm game!! count me in!!
Please provide the name, address, telephone number, and the name of the bank representative for verification......
I concur; I'm game!! count me in!!
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Oh well, I didn't know the rules when I voted. However I assumed it was all my holdings. There will be hundreds of places to invest outside of Iraq, so I will get over that limitation. 75 cents works well for me as I can accomplish my goals even if they have a windfall tax. My investment is well sheltered to take advantage of the tax code. I want to pay a lot in taxes, but over lots and lots of years.
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This brought me to tears. God has been a part of my daily life for many decades. I am blessed beyond what I deserve. My mission in life is to pass the blessing forward.
THANK_YOU ....
Forbes Guy Changes Story
in Opinions, Perspectives, and Your Two Cents on the Iraqi Dinar
Posted
Postscript. After reading several good comments on my Forbes blog exposing the buy Iraqi Dinar get rich quick scheme as a scam, I want to make it very clear that I also believe it’s a scam. My intent for the original blog was to answer tax questions about holding physical currency as an investment, not to drill down into the Iraqi Dinar scheme. I may do just that in a follow-up post soon. -R.G.
Read more:
Thank-you very much, I for one appreciate the authors words that this is a scam!
I do not want Iraq to sell 900 Million dollars of Dinar a day. They sell enough already.
GO RV