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Posts posted by Benjamin NutnYahoo
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Yeh...and yesterday I just took the training wheels off my effing bicycle!
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I don't believe any of this shiht until I hear it coming from Okie or Tony!!
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What prison is Tony in and is he excepting gifts? I have a fileee....errrr...uhhh...I mean cake I would like to send him.
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Is this true??? I doubt it, but it sounds just as good as the other daily lies we have been listening to the last 5 years regarding the Dinar!
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Easy, I'll tell you why. Because Tony conned the judge into buying some dinar himself from Sterling.
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WHEN Trump flames out.....Rubio will fill the void. Cruz is too conservative for the average American, even though a strong dose of rational conservatism is probably just what we need as a nation.....Ted's just isn't that rational. Even though it's still quite early, polling numbers seem to suggest Rubio has the best shot to beat Hi!!ary.
GO RV, then BV
Rubio is Lame....to lazy to even cast a vote for the constituents who put him in office.
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LOL .... Keep hope alive. Trump says Iraq is a Dump. A few years ago Gurus were talking out their azzzes about how Trump was invested in the Dinar as if Trump broadcasts in investments.
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Luigi asks...
Will our IQD simplyvvanish after we convert to USD at the banks?
What do you have planned should the banks steal our money?
Not varified. Your opine.
11/9/2015...Sovereign Man Notes From The Field By Simon Black
November 9, 2015 Santiago, ChileThe total exceeds $3.9 trillion worth of risky loans that US banks made with your money. Given that even the Fed is concerned about this, alarm bells should be ringing.Astonishing Report From The Fed Says US Banks Are Not “Sound”
Late last week, a consortium of financial regulators in the United States, including the Federal Reserve and the FDIC, issued an astonishing condemnation of the US banking system.
Most notably, they highlighted “continuing gaps between industry practices and the expectations for safe and sound banking.”
This is part of an annual report they publish called the Shared National Credit (SNC) Review. And in this year’s report, they identified a huge jump in risky loans due to overexposure to weakening oil and gas industries.
Make no mistake; this is not chump change.
Bear in mind that, in banking, there are three primary types of risk, at least from the consumer’s perspective.The first is fraud risk.
This ultimately comes down to whether you can trust your bank. Are they stealing from you?
MF Global was once among the largest brokers in the United States. But in 2011 it was found that the firm had stolen funds from customer accounts to cover its own trading losses, before ultimately declaring bankruptcy.
It’s unfortunate to even have to point this out, but risk of fraud in the Western banking system is clearly not zero.
The second key risk is solvency.
In other words, does your bank have a positive net worth?
Like any business or individual, banks have assets and liabilities.
For banks, their liabilities are customers’ deposits, which the bank is required to repay to customers.
Meanwhile, a bank’s assets are the investments they make with our savings. If these investments go bad, it reduces or even eliminates the bank’s ability to pay us back.
This is precisely what happened in 2008; hundreds of banks became insolvent in the financial crisis as a result of the idiotic bets they’d made with our money.
The third major risk is liquidity risk.
In other words, does your bank have sufficient funds on hand when you want to make a withdrawal or transfer?
Most banks only hold a very small portion of their portfolios in cash or cash equivalents.
I’m not just talking about physical cash, I’m talking about high-quality liquid assets and securities that banks can sell in a heartbeat in order to raise cash and meet their customer needs to transfer and withdraw funds.
For most banks in the West, their amount of cash equivalents as a percentage of customer deposits is extremely low, often in the neighborhood of 1-3%.
This means that if even a small number of customers suddenly wanted their money back, and especially if they wanted physical cash, banks would completely seize up.
Each of these three risks exists in the banking system today and they are in no way trivial.
Very few people ever give thought to the soundness of their bank, ignoring the blaring warning signs that are right there in front of them.
Every quarter the banks themselves send us detailed financial statements reporting both their low levels of liquidity and the accounting tricks they use to disguise their losses.
Now we have a report from Fed and the FDIC, showing their own concern for the industry and foreshadowing the solvency risk I discussed above.
Every rational person ought to have a plan B to hedge these risks. And I would propose three methods:1) Transfer a portion of your funds to a much safer, stronger banking jurisdiction, preferably one with zero net debt.
2) Hold physical cash. Physical cash serves as a great short-term hedge against all three risks, with the added benefit that there’s no exchange rate risk.
All you have to do is go to your nearest ATM machine, take out a small amount at a time and build up a small pool of cash savings.
3) Hold gold and silver.
While physical cash is a great short-term hedge against risk in the banking system, gold and silver are excellent hedges against long-term risks in the monetary system and global financial system as a whole.
There may be a time where we are faced with the consequences not only of a poor banking system, but also of decades of wanton debt and monetary expansion.
At that point, the only thing that will make any sense at all is direct ownership of real assets.
Until tomorrow,
It coould happen but fortunately a lot more transactions are just electronic transfers via online payments, checks, credit/debit cards etc. not many large transactions over $100 or used with physical dollars any more.
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Christin Leguarde says only 5 currencies in backet!!!...China Yuan added along with Euro, Yen, US dollar and british pound! No stinkin dinar like dirty rotten lying gurus claim!
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China say to IMF....No more pusssyfoot around...put yuan in Basket.
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When has Iraq ever done anything they say they are about to do??? They have been blabbing about this stupid terminology called "deleting the 3 zeros" for the last 5 years. They look like imbeciles.
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Maliki told him to eeffff off. He's not going anywhere.
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Its true! What do think Tony is...a liar or something ??? I just cashed out all my dinar at a $21 rate. Just got off the phone ordering 100,000,000 more dinar!
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Iraq is always "about" to do something that they never actually do. Its been like that for 10 years. Iraq is a disaster that takes 1 step forward and 2 steps back.
Let me guess...this info came from Tony.
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Pretty much common knowledge to most even though scamming gurus with links to dinar sellers and who make profits from call in internet calls will have you believing it will revalue every weekend, and tell you once or twice a year that Iraqis are dancing in the streets because it already revalued but we just can't see it yet. Or they will tell you that others have already been paid but if we keep our mouths shut we will someday get paid too.
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Dumass Gurus and dumass followers keep saying the Trump is invested in the DINAR. How in the F do they know what Trumps investments are? Trump continues to say how bad off and in danger Iraq is. What would Trump invest in a ISIS occupied dump like Irag. Answer....he wouldn't. Just more typical BS from our typical BS Gurus that typical BS idiot followers and callers believe in. Speaking of callers...has anyone ever seen such ignorant stupidity. Those who call in and praise the Gurus like efffing heros and to stupid to know that Gurus get paid for each call they put out. Vegas...vegas...vegas!!!!!
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Every time I hear a fool say Vegas Vegas Vegas on Tony's call I say BS...BS...BS!!!! :bs:
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I heard in an interview that the hold up was because the US gov really wanted Irag divided up into 3 territories unlike what we are being told. Don't think it was Trump who said it though.
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Tony on his call says he really expects the RV to happen by Tue. and that he is Superfanatstic!. So we should all be cashing in by Wed.!! That's why I am excited.
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Hi, I havn't been here in a few days and would just like to know...has it RV'd yet?
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Why is Greece worried about anything when all they have to do is go out and buy Iraq dinar. Use the Dinar to secure govnt. international loans until the dinar revalues. I mean according to Gurus the whole world knows that it will revalue....right? Same thing with Puerto Rico filing bankruptcy...who wants to guess how much they have and as they anxiously waiting there big pay day. LOL...anyone think we have been BS'd enough yet in this whole fiasco?
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Tony the other day again mentioned the Zim saying it would go up, never even mentioned it went down to toilet paper. Either is bs'ing or doesn't have a clue it went down. If he doesn't know he has even less credibility in accurate info. So far he has been 110% wrong.
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What the hell does the FBI need us for to see who is giving rates? They have internet, all they have to do is listen to Tony and other gurus.
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The same exact place we were 3 or 4 years ago.
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Revaluation of Iraqi Dinar is the Center of Latest Iraq News
in Opinions, Perspectives, and Your Two Cents on the Iraqi Dinar
Posted
I read this back in the 1950s. This is old news.