Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content

seetrader1

Members
  • Posts

    525
  • Joined

  • Last visited

Everything posted by seetrader1

  1. Remember this one from last December? Responding to a doubter.... ............................................................................... "I can pretty much give you a rate within a few cents and a very good timeline of date within days. So I do have a handle on this and a very good one at that. You have no clue what my partner and I know as business owners in Iraq with contracts. Ray and I have become very close great friends and our mission and goal is not to be first, but rather be right in sharing what we can, when we can. There is not a chance in hell will either of us bring false hopes or information to make us look good or for ratings or entertainment for that fact. We care too much about not bring false hopes to members that are at the very end of their ropes. Unless you are more qualified to lead the pack, you might just want to sit back and let it come to you as designed by the Iraqi Government. Until then, you should follow the news articles and read between the lines and start forming your own conclusions. I have a business over there and it is extremely hard to predict a very fast pace changing of events that change daily. Remember, this is about rebuilding a country not some small business. I am amazed they can even do this within the timeline of where they are at. Sit back my friend and let it play out. It is no longer a matter of if, but when. Most everything has been activated and put into place for this to happen. I am absolutely certain about this investment, that I would bet everything I own (including my reputation and credibility) and then some on it. I have not even a 1% uncertainly, but a 1000% certainty. Until then, happy holidays to you and your family. Blessings, Steve " ...........................................................................
  2. Anyone remember this load of monkey caca? From back in June or July..... ............................................................................................ "To all you great and wonderful PD Members, I just got off the phone with Ray and one of his contacts just got back from Iraq from a fairly long visit. The information he shared with Ray is extremely positive and pretty much on track from what has been said in previous months. Here is a current update by one of Ray's Iraqi contacts: Steve, I just got off the phone with my main Iraqi contact. He just got back home from Iraq and had a little info to pass on to me. He said the political situation in Iraq is very confusing at the moment. They are hearing the same conflicting stories that we are hearing. No one knows for sure who is at fault, they just want the government settled and completed so the needs of the people will start being taken care of. They want more than six hours a day of electricity, more food and other needs taken care of. He was able to talk to several bank employees while he was there at various banks. He was told consistently by them that they are gearing up for a September 1 RV. Some said it may happen sooner but they are all saying no later than Sept. 1. Saleh was on TV many times telling the people that the dinar was going to be the strongest currency in the region and that the people would be very happy when the new dinar comes out. He also told the people that all the market prices for goods in the country would be adjusted down to reflect the new value of the dinar. This is the first time I have heard this said openly by a public official. Saleh also said again that the rate would be greater than the 1978 rate. It was $3.22 in 1978. Hopefully this bit of news encourages everyone and know that they are preparing for a Sept 1 RV. Blessings, Ray" ........................................................................................................... :shakehead: Go Steve and RAY!!!!!! LMAO!! :butt-kicking:
  3. Greetings PD Members, Yes it has been awhile since our last update. It does get a bit hard to provide you updates on this site as I get bashed to no end. I guess when when we share facts rather stories or theories, this is bound to happen. I will share what we are being told from our sources in Iraq. I know many are members of other sites and they read chats from the "owners" that tell everyone that Dr. Sinan Al-Shabibi is on the run and in hiding. What a great story to keep paying for memberships, however, this is not even remotely true, but awesome great story to keep you coming back. Dr. Sinan Al-Shabibi has been in out of the country visiting family during this time of investigation. Each and every time Maliki, Parliament or committee investigating the activities of the CBI (Central Bank of Iraq) of any wrong doings, he has been prompt in returning and answering any questions. I understand that there has been someone appointed as temp "govenor" during this investigation, however he is not out of the picture. According to the official CBI website he is still listed as "Govenor". When the court is done with this investigation in the next few days, they are going to publish the names of the people in the government that will be indicted. This is huge. You may not believe this, but bash me if you want, and you will have the last laugh. I stake my reputation on this one. From our sources, Dr. Sinan Al-Shabibi has not been found guilty of anything but upholding the constitution and the direction of the CBI. When this is all said and done, he will regain his official position as the "Govenor" of the CBI. According to our sources, Dr. Sinan Al-Shabibi is pushing for Iraq to re-valuate their very low valued currency. It is not yet recognized as a trade-able currency in the open market. We have proof thru our sources that he has been telling the people to prepare and it will be coming in the near future. As you are all aware, they settled the little (well big) skirmish between Baghdad and Kurdistan a couple of days ago. Here are some other positive events happening, representative Kobler from the UN (United Nations) is in Baghdad meeting with Maliki and others. Kuwait and Russia are both pushing to get the final Chapter VII sanctions lifted from Iraq. This very well take place December 15th, 2012 at the next UNSC meetings. The new currency is now in the banks and they are ready for distribution. This would not have happened if they were just kidding or testing the waters. They were told (the banks) that it would not be much longer. Now we can talk about the 2013 budget, yes the very controversial budget. This is a very hot topic for debate. Will or will it not contain the new revalued rate. If you all recall, it has been in print that the new budget will be in the new currency rate. It is also based on the $90 oil price. I think another hint is all of the news regarding the lifting of the three zeros. They state it will happen at the beginning of the physical period. If you recall last month (October) the Economic Committee Members stated the rush to delete the zeros currency, and it must start early 2013. So does this mean January 1, or thereafter. Now really sure, but I have to wonder, if the budget is in fact using the new rate, it would be January 1st. The 2013 budget has been read once and is ready for a second and final reading. We know that the new budget will start Jan 1st 2013. Now I would like to take all of the above factors into effect, and would hope that something positive will happen prior to January 1, 2013. I also think the next two weeks will be very telling and prove very interesting. As my wife, Ray and his wife would continue to stress, please be patient a little bit longer and let it happen. You were all probably looking for something simple, short and sweet, however it is not that easy. Now to address a possible rate, many boards will be very conservative and predict a one to one ratio, however, I will stand behind my thoughts. Over a year ago the 3.22 was taken as a date (PTR) need I say more? Well, that was blown out of the water. If you go look at my past posts and research, you will find ample news documents and posts to assure you that it will not be anything but a rate that is consistent within the region. So in summary, if you take all of the news articles and connect the dots, they are leading to one thing, and that is Iraq is and will bring their currency to a proud value that represents their assets. So many members have shared the assets that Iraq has and will have, you can only imagine their future as an economic giant in the world. That they are not, but they will. Also, remember the very close oil sharing, among other things, with Kuwait. And what is the value of the Kuwait Dinar? Exactly. I need say no more. I plan on doing a great follow up post with more links my partner sent to me in the next day or two. Remember, "We may not know what the future holds, be we can trust the One who holds the future because Wisdom is understanding what's really important!" I hope you all have a great week and even better weekend. God Bless you all and your families. Steve
  4. I'm willing to bet you more than half of dinar "investors" don't have the slightest clue what an RD is. They only know what pumper gurus tell them.
  5. Take off your Kraperoni and Breitling goggles ...read this article very carefully, and tell me you want Iraq to delete 3 zeros.
  6. http://www.bdlive.co.za/world/africa/2012/11/25/zambia-zeroes-in-on-new-banknotes ....................................................................................................................................................................................... "WHILE South Africans get used to the new banknote series, with the Big Five moved to the back of the notes, Zambia is preparing to remove three zeros from its money. The Bank of Zambia has announced that the kwacha will be rebased by dividing it by 1,000, dropping three zeros off the currency, on January 1. Zimbabwe’s regular and drastic currency rebasing a few years ago might have created the impression that dropping zeros is a desperate and cosmetic exercise, but analysts say it is often necessary to rebase a currency, ideally when an economy is stable and growing. “Currency rebasing is usually implemented when there is a need to address costs associated with an accumulated loss in value of the currency that undermines its basic function as a store of value, medium of exchange and measure of value,” said Janine Botha, economist at NKC Independent Economists. The Bank of Zambia said high kwacha denominations were the result of high inflation for a long time. Zambia had very high inflation in the 1990s and early 2000s. Its inflation peaked at 188% in 1993. Now Zambia has a K50,000 note, but this is worth less than $10. The Bank of Zambia said this resulted in inconvenience and risks in carrying large sums of money for transactions. It has also led to increasing difficulties in maintaining bookkeeping and statistical records, ensuring compatibility with data-processing software and higher costs in the payment system. “Too many zeros on a currency simply becomes an administrative nightmare,” said Jannie Rossouw, economics professor at Unisa’s department of economics. “People have to walk around with bags full of money. Zimbabwe issued a Z$100-trillion note at one stage, and at some point there simply is not enough space left on a note to print all the zeros.” Michael Keenan, currency analyst at Absa Capital, said that after the earlier hyperinflation in Zambia, which caused the currency to drop in value, Zambia’s economic backdrop had improved substantially. “They have current account surpluses, inflation is about 6%, everything is kind of back to normal, but they still have this currency with all these decimals. It makes sense for them to drop off these zeros, because it will be a lot more convenient and safer.” Ms Botha said a currency was usually rebased when economic conditions were considered favourable, with low and stable inflation, favourable macroeconomic conditions and good economic prospects. She said that, in addition to making transactions easier due to the use of smaller units of money, the rebasing of a currency often tended to create greater confidence in the currency as too many digits or zeros could lead people to lose confidence in the currency. “It also has the potential to enhance policy credibility, assuming that government remains committed to maintaining macroeconomic stability. This would be so as to avoid the return of many zeros on the currency.” Mr Rossouw said some countries rebased currencies in the mistaken belief that it would curb inflation. “You need other steps as well. You cannot simply rebase your currency and do nothing else and think that will bring inflation under control.” Mr Keenan said there was even a risk of inflationary pressure when a currency was rebased. “There will be some rounding, and while the effect will be small per item it could bring about a bit of inflation if you add them up. It happened in Ghana when they rebased their currency. The other potential disadvantage is you have the risk that people assume your currency weakens.” Ms Botha said that, at the broadest level, rebasing a currency did not alter the value or purchasing power of the currency. According to the Bank of Zambia, exchange rates will also be rebased, with the rule of 1,000 old kwacha equalling one new kwacha. Mr Keenan said the South African Reserve Bank held some kwacha in its foreign reserve basket, but the foreign reserves were always measured in US dollars. “If they drop the zeros off the kwacha, the dollar value of that portion of the reserves will remain the same. It will not increase or decrease the Bank’s holding of kwachas.” How the old K1000 becomes the new K1 Zambia currently has banknotes for K20, K50, K100, K500, K1,000, K5,000, K10,000, K20,000 and K50,000. It has coins for K10, K5, K1, 50 ngwee and 25 ngwee. After January 1 there will be a new note series for K100, K50, K20, K10, K5 and K2 and coins for K1, 50 ngwee, 10 ngwee and five ngwee. An item that cost 1,000 old kwacha on December 31, will cost one new kwacha on January 1. From January 1 to June 30 next year all prices will be denominated in the old K-symbol currency and temporarily in the new KR currency. During this time, goods and services can be paid for in both currencies. From July 1 next year, the old currency will not be accepted, but it will be exchangeable for a year thereafter for the new currency at the Bank of Zambia, commercial banks and designated agents. The new currency will get the symbol K. From July 1 2014 to December 31 2015, exchanges will be at the Bank of Zambia only and thereafter old currency will have no value. Losing the zeros South Africans are not strangers to the concept of a currency losing zeros, particularly as neighbour Zimbabwe has gone through several such exercises in the past decade. However, the process in which Zimbabwe chopped a total of 25 zeros off its currency between 2006 and 2009 is not an example of how rebasing should be approached. As inflation started to increase in Zimbabwe in the early 2000s, the central bank simply printed more money and larger denominations, fuelling inflation even further. In October 2008, one US dollar cost about 2.6-billion Zimbabwe dollars. Zimbabwe stopped using its own currency in 2009 and now uses the US dollar and the rand. Some of the more successful examples of currency rebasing have been in Ghana, which dropped four zeros off the cedi in 2007, and Mozambique, which lost three zeros from its metical in 2006. Turkey knocked six zeros off its lira in 2005. Iraq planned to delete three zeros from its dinar next year, but its news agency has reported that this will not be done soon “due to the lack of security and economic stability in Iraq”.
  7. Stevei's October "RV Window" came and went... what's next Steve?...when are they gonna RV those 72 Trillion dinar???
  8. Here's a Stevei comment on the arrest of the B.H.G. clowns.... ............................................................................................................................. "Now you may understand why we exclude certain sites and groups from our forum. I refuse to be associated to anyone that is not legit. I remember all of the calls that we had to remove from our site. Please be careful out there. This is a great investment and this community does not need negative publicity like this. This just furthers the "scammmers" agenda. I know that some sites tried to promote you to avoid paying taxes in the United States, and I know of one that will bit the dust post RV. I will not name names at this point but most whom has been involved know whom I am speaking about. Remember, Each day we add to our legacy--good or bad! Have a great week. Blessings, Steve" ............................................................................................................................................... :lmao:
  9. We all know that Steve and Ray have made an absolute fool of themselves...especially here recently. We've all gotten good laughs at Ray's silly update on the "mis-printed" lower denoms, the RV on September 1st call, the coins being released on September 1st call, and the absurd Shabibi to announce the RV DATE on September 15th call. Well, Steve finally had the gonads to show his face in the forums after this recent string of embarrassments... GET READY FOR OCTOBER FOLKS!!!! ......................................................................................................... "I think the next window is October. The currency is in the process of being printed and once it is back and in the banks, it will be game on! Stevei' ........................................................................................................ :shakehead:
  10. Here's Steve and Ray's record for the Month of September. 1. They said it would RV on September 1st. 2. They said the coins would be released on September 1st 3. They said that Shabibi would go in National TV and annonce the RV date on the 15th 0 - 3 For September 0 - 189 Overall The sad thing is the SHEEP are still lined up over there waiting for another update. :confused:
  11. What saddens me is...MANY ARE!
  12. Just the fact that this moron thinks that a country would ever set a date for an RV.....STAGGERS ME! :confused2:
  13. "I just wanted to give a brief update. I know a lot of people are on edge waiting to hear if a date has been set for the RV. I have not been able to get hold of my contacts yet due to the weekend. As soon as I find out something, I will pass it along to Steve who will then pass it on to everyone. I suggest everyone just relax and let this happen. Enjoy your family and your weekend. Let the other sites go crazy and bash everyone. Take care. Blessings, Ray " .................................................................................................................................. :bravo:
  14. Steve and Ray are afraid to show their faces over there. Couple of whimps!! :lol: :lol:
  15. I was going to bring some of the posts over, but the mods deleted the entire thread.
  16. There are some pissed off folks over at PD today. I think some of the sheep over there are starting to wake up and realize that Stevei and Raymond ain't got chit. This is so entertaining! :lol: :lol: :lol:
  17. I see you down there Steve. Your man Ray let the members down AGAIN! Do the right thing a kick that moron to the curb, then hang it up yourself...You got nothing. You're a JOKE.
  18. I'm anxious to see if Stevei and Ray will have the balls to show their faces in the PD forums today. They're both looking like a couple of doofuses here in September.
  19. 5:35 PM in Baghdad Ray. You only present the facts, eh??? You're garbage. I think you even embarrassed Stevei.
  20. Well Ray...It's 3:31 PM in Baghdad and Shabibi has yet to go on TV to announce the date of the RV. You're running out of time. :confused2: Here's to you RAYMOND....
  21. Well...it's the 25th in Iraq. This is your day Ray. I've already written you a page of excuses...you want me to email them?
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.