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fredst

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Posts posted by fredst

  1. 4 hours ago, Indraman said:

     

    IMHO (My comments in dark text😞

     

    1. Is there a complete and functioning

    government? No, but from the looks of things, could possibly be one of the quickest governments formed in history after the fall of Sadam. But, only time will tell. Remember, this is Iraq and saying one thing, but not delivering on results is a very common and daily occurrence.

     

    2.   Are the crooks and other ner-do-wells still able to do harm? This is Iraq...need I say more?

     

    3.  Is the banking system (and laws)  up and ready to handle an event like an RV? This is the one area I feel that the country of Iraq has made the most progress and is ready for the coming changes.

     

    4.  Is Iraq safe enough for countries & businesses to actually infuse tons of money into the country? This will depend on the acceptance of the newly established government by the people, and the direction that the newly formed government takes. If there's a continued foray into corruption, or even the perception of corruption, then things may not get to a point of stability. Only time will tell.

     

    Indy

    Thanks but not REALLY on point. 
    The answers to my questions are actually binary; ‘yes or no’. 
    i, too, “hope” and “feel” things about Iraq but....

    The laws are either in place or not. 
    Iraq either has a complete, functional government or it does not. 
    Based on reality on what the government in place has ESTABLISHED, countries and corporations will feel safe to infuse huge sums of money and people...or not

    The “crooks” are either in a position to do more damage to either/or delay an RV or they are not. 
    This is not like buying a pair of pants that may be too loose at the waist. This is the foundation of a new government, legal system and banking system. No, not just ‘ok’ pants but a complete bespoke suit. 
    For me there are just too many things NOT IN PLACE to signal ( or cause me to get truly excited about) an imminent RV. 
    I pray I’m mistaken but.......

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  2. Hopefully this will not be considered any kind of critical comment about Adam or any of the thoughtful members of DV. 

    I’m seeing so many positive comments about how close we are to an RV. 
    I was wondering if we, actually, are. 


    1.  is there a complete and functioning

    government?

    2.   Are the crooks and other ner-do-wells still able to do harm?

    3.  Is the banking system (and laws)  up and ready to handle an event like an RV?

    4.  Is Iraq safe enough for countries & businesses to actually infuse tons of money into the country?

     

    there are so many ancillary things that must be in place before the euphoria of an RV. I’ve been seeing lots of euphoria but not much of the bones of the event. 

    Adam has done exceptionally well on educating us, informing us, motivating us and putting in place plans so we’re able to protect our gains. 
    I have sensed so much excitement on DV recently I was concerned that maybe many were putting the wagon ahead of the horse. 

    • Thanks 1
  3. Let’s not forget the only 2 elected people in the White House are Trump and Pence. 
    Everyone else...Everyone... serves at their pleasure. 
    Also the ONLY one in that building who sets foreign policy is Trump. Everyone else is there to implement that foreign policy. 
    Those are facts not opinions. 
    The head man is the head man. Remember Henry Ford fired Lee Iacocca, Truman fired MacArthur, Godfrey fired Larossa, Tiger Woods fired ‘Fluff’ Cowan, Steinbrenner fired Billy Martin...3 times!

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  4. A few months ago I posted a well received article by a very smart young man I know who is in the financial industry. He recently sent me these articles which, to me, make a lot of sense. 

    Iraq does not, still, have a complete government and they do not have all of their banking laws in place...anyway, here are the articles, they are from someone who's been mentioned here before, Kaperoni.

     

    11-28-2018 Newshound Guru Kaperoni Iraq will float the dinar allowing market forces to dictate. As investment comes into Iraq, the exchange rate will rise. Balassa-Samuelson effect! I think most of us would be happy if the dinar ever equaled the dollar. It may, but not overnight. I want to remind people that the new Iraqi government with PM Mahdi is not official yet. Until the new Prime Minister completes his cabinet and parliament votes (confirms) them in. I do not expect any significant reforms to move forward until the government is official. I also do not expect the IMF to hold their Article IV Consultation with Iraq until the gov is official…as these reviews usually require gov commitments.

     

    3-12-2019 Newshound Guru Kaperoni Many think the dinar could never free float and must be some sort of manage float. They may be right! I ...do not really care what type of float it is other than that is how monetary policy works, floats are a tool that the CBI uses to counter pressure.Random acts like RV's RI's etc are not tools the CBI uses so we can rule such an event out. As well there are other reasons like money supply, economic shock that prevent such an event from ever happening. If they do float (which they will) the float will begin at whatever the current rate is at..such as 1190. The reason is simple...any other value would be a RV of sorts and not be within the tools the CBI uses. Not to mention, it would circumvent the CBI's ability to profit from the buy/sell of currency commissions. Which after all, is what the CBI is in the business of...making money. Central banks every single day control the sale of their currency to make money.

     

    3-12-2019 Newshound Guru Kaperoni As for how fast the dinar could rise...just look back at 2004-2005 when the CBI under Dr. Shabibi unpegged for about 6 months and reduced inflation from about 33% to 5% or less raising the dinar exchange rate from near 3000 / $1 to 1170 /$1. This demonstrates the pace the dinar once again could have during the investment/market economy phase. But again, this process is up to how fast investors/investment comes to Iraq. It is not a random act. Again, many articles on this process to read from the IMF and other organization. ...Remember this is not some idea I came up with. The professionals at the IMF that work directly with Iraq have documented that is their intention for the CBI and the dinar.

     

    3-12-2019 Newshound Guru Kaperoni There are two ways to interpret what the CBI is talking about when they mention "deletion of zeros. It may be honest and part of the plan (when they interpretation of what they really mean applies) or it may simply be the CBI trying to diffuse speculation and speculators from buying the dinar. There is no way to know for sure until they open the economy and we find out. I have read articles that imply deleting 3 zeros is a LOP and others that imply that they will raise the value gradually down to the day the dinar is worth the same as the dollar...which implies a float and exchange rate improvement. Personally, I believe from my research the dinar will improve in value via float and that seems to coincide with Dr. Bakri in Iraq who has written me several times to discuss monetary policy...

    These articles are simply stating that the government is going to begin to take action (like passing laws) which will have an effect on the CBI (and exchange rate). IMO, Still weeks maybe months. Exciting news for sure but this still takes time. First we need the laws, then the investors/investment, then pressure on the capital account at the CBI, then the float to offset that pressure. Remember...the CBI is in control of monetary policy. And the government is in control of activating investment/investors. The tool the CBI uses to combat inflation is to float the dinar. This all takes time.

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  5. Anyone else get this email?

    Actually, it ‘feels’ a bit fishy to me. 

     

    Date: March 5, 2019 at 4:13:19 PM EST
    To: Undisclosed recipients:;
    Subject: Sterling Currency Group; United States v. Tyson Rhame, et. al., 1:16-CR-67-SCJ-CMS
     
    To whom it may concern:

    The Federal Bureau of Investigation and Internal Revenue Service are investigating individuals associated with Sterling Currency Group involving the sale of Iraqi Dinar. 

    On October 9, 2018, the defendants TYSON RHAME, JAMES SHAW, and FRANK BELL were convicted of conspiracy to commit mail and wire fraud, mail fraud, and wire fraud. The defendants RHAME and BELL were also convicted of making false statements to federal agents. The defendants were acquitted of money laundering charges.

    If you or a relative purchased Iraqi Dinar from Sterling Currency Group, the FBI encourages you to complete the victim questionnaire.  Please access the information page at
    Please be advised this mailbox will not receive email correspondence.  You are encouraged to complete the questionnaire and you will be contacted if further information is needed.

    Respectfully,
    FBI Atlanta
     
     
    • Thanks 1
  6. image.png.49231b5f1168e1f0969f2d01826ecbb7.png 

    From page 2…

    “Let me start off by stating one fact: Iraq doesn’t care about you, not one  bit.“

     

    Again, from page 2…

    Iraq doesn’t care about us! They don’t give a fart in the wind how much either of the Bush’s, Obama, Donald Trump or the Pope has invested in Dinar!“

     

    From page 17…”One thing I do know for a fact... the Iraqi Dinar will not  stay at 1170 forever. “

     

    With that in mind....WHY would they RV even as high as a dime? 

     

    Why not just float it from where it is now and as the dinar increases in value the CBI makes money on the spread as the dinar gets closer to par with the USD?

     

    Do you still think the overnight RV of the dinar at $0.10 is likely? 

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  7. JS214....My wife and I are both retired. She, being far more intelligent than I, worked & retired from a large company and has a great 401k and other cool stuff. I did not so all I have is social in-security.

    This all means we're on VERY limited budgets.

    We figured long and hard and TOTALLY trust Adam. We're VIP, OSI and Corporate. It was a stretch! Neither of us regrets one cent of our investment. While waiting...and waiting and...(well, you know)...we've learned a huge volume of great information about this investment, safe guarding that investment and safely building on it. All the mods are so helpful and informative. You'll not be alone in this group. All the information designed to lessen the amount of taxes that we will pay. Everything Adam and his great mods preach is about safety and staying legal.

    Bottom line to this epistle is find a way to become part of this highly intelligent and friendly group!

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  8. Mr Haney....WELCOME!

    To me the main difference between this site any any other is the integrity of our leader, Adam.

    I have learned during my 5 year membership that he will not, under any circumstances, lie to us. We may not like what he says but we know it is well conceived, well researched and truthful.

    The members, Paperboy, Synopsis and so many others are truly helpful, knowledgable and truthful.

    Welcome, you'll learn much and (eventually) enjoy the fruits of your investment. 

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  9. George, thanks for the reply. 

    I understand the premise of 13303. 

    However, I still do not comprehend the meaning of DinarThug’s post ( Publication of Amended Iraq Stabilization And Insuggency Sanctions Regulations) that seems to have huge impact on the rest of this group. 

    I have found in my 74 years that I speak “lawyer talk” very badly. 

    It seems that the whole site is ecstatic and expectant about “something”. I just don’t know what that “something” is. 

     

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  10. Welcome to the REALality of Dinar Vets. 

    There are no “747’s”, “oilmen” or “missing codes” here. 

    Here there IS a very grounded,  very intelligent and, most importantly, an ethical, honest leader. 

    Here is a community of individuals all geared to a common goal: a win-win for all parties. 

    Questions are welcomed...I’ve asked some dumb ones....and this community always HELPS. 

    This is the best investment of both time and money you could have made to learn how to protect your future gains. 

    Thank you, Adam!

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  11. 6 hours ago, yota691 said:

    Iraq earns more than $ 10 million a day production cut agreement

    News Agency pratha 52  05/25/2017
    592323e1d4cf5.jpg
     
     
     

    The International Energy Agency, said on Wednesday, the members of the Organization "OPEC" countries over the past two quarters has earned $ 75 million a day in addition, thanks to the rebound in oil prices in global markets.

    A graph published by "Bloomberg" economic based on the data of the International Energy Agency that Iran was more winners cut production agreement, which received additional revenues during the fourth quarter of last year, the first of this year and the quarter by about $ 15 million a day.

    While, oil agreement returned to Saudi Arabia, the largest oil producer in the "OPEC", during the same period by about $ 12.3 million a day, followed in third place, Iraq, additional revenues estimated at 10.3 million dollars a day.

    Oil prices have been rising since the end of last November, then members of the Organization "OPEC" countries and some independent producers agreed to reduce the volume of production by 1.8 million barrels per day to support the faltering prices.

    This increased oil prices during the past two quarters from the record of $ 45.23 a barrel blend "Brent" on November 29 to $ 50.60 a barrel on March 31.

    Yota, super job!

    Thank you🤓

     

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