Matt330

A large RV is never going to happen. Period. And by large I mean even 1 cent. Most people don't understand finance and economics well enough to understand that. Add in some lies from the gurus and site owners, and you end up with one big load of BS. Those lies are HURTING PEOPLE. do you understand that? You know how many divorces have been caused and houses been lost by people believing the lies and sitting around waiting for the dinar to save them? People like Francie have kids and in laws she can move in with and rely on, so no big harm if she sits around dreaming of something that will never happen. Not everyone has that. A lot of people can't afford to throw a grand or two into an investment that CANNOT pay off, but the liars have convinced them that they can't afford NOT TO invest in the dinar. Some people can't afford to live in a dream world, they need to know the truth so they can realize they're going to have to find another way out of their economic woes. So, sorry, Francie. If you want to live in your dream world and avoid at all costs people that are trying to tell you the truth, go to one of the numerous sites where people aren't allowed to say the truth. There are plenty of sites where telling the truth will get you immediately banned, pick one and live in your fantasy there.

Tell that to the people that spent the mortgage money on dinar. I bet they'd rather live in their house than their dreams.

Let me guess. You either think they printed so much in order to RV and save the world economy, or they printed so much in order to RV and make the Rothschilds another 20 trillion dollars. I hope it's not either one of those, because both those theories are ridiculous.

They exchanged it 1 for 1 (with the exception of Swiss dinar) so the fact that there are trillions in circulation now is a in part a direct result of Saddam printing trillions to fund his war.

No need for a crystal ball, the CBI says what's in circulation, and you're right, it isn't 6.5 trillion, that would be its value in USD at an RV of ten cents. Iraq has an M2 of 65 trillion dinar. The CBI has said they plan on doing what Turkey did. Period. What kind of RD did Turkey do? We don't even need to debate that there's really only one kind of RD, the notion of this second kind of RD = lies put out there by gurus. What did turkey do? The CBI had referred to what Turkey did as "deleting the zeros". What did Turkey do? The CBI has never said they were going to RD? Shabibi HIMSELF has said they were going to RD and there are videos of it! Maybe you're new, and need to do a little more research before you can comment on the dinar.

They are going to be removing, or taking away, the current notes. And replacing them with as part of their RD (lop). If the CBI manages to get permission (or decides they don't need permission), that is. There have been numerous articles saying that Turkey deleted three zeros from their currency. We know exactly what happened in Turkey, therefore we knew precisely what they're talking about when they say "delete/lift/remove three zeros." Hint: Turkey didn't increase the value of their currency by 100-1000x. Maybe your Arabic is a little rusty?

What their economy needed had nothing to do with it, Saddam needed it to try and pay for his war against Kuwait.

Numismatic value? Would the numismatic value of a 69 double die Lincoln be if there were billions of them out there?

See what happens on DV when you tell the truth? Negs galore. This should tell you something about the prospects of the dinar.

Keep believing what the gurus tell you, see how far it's gotten people. Delete three zeros = lop. It's not debatable, it's a fact. The highest reserves in history = 60 billion. An RV to 10 cents = 6.5 trillion. Use your brain. 10 cents isn't sustainable. Right now 1 cent isn't even sustainable. Even at 1170 to 1 Iraqis don't trust the dinar, which is why they're exchanging it with the CBI to the tune of 250 million a day.

What you're describing is an in country only lop, which is not logical and will never happen. If the Iraqis have to exchange 50,000 for 50 in order to get .86 rate then so will you.

No closer. People have picked a bunch of metrics that they think will cause an RV (HCL, Erbil, Chap 7, etc), so everyone will say yes because we probably are closer to HCL (for example), but in reality none of those things Is directly linked to the value of the currency.

Alright, according to his logic the RV has already happened, so when Monday or Tuesday rolls around and there's nothing, I guess his assessment wasn't accurate, was it?

It's confusing because sonny and the other gurus have been telling people for two years that deleting the zeros is good and that it's already happening, and now with these articles saying that they're not approving the plan to delete the zeros, the gurus either have to flip flop and admit they were FoS before, or they have to say that this is bad news. Look around the forum, and I think you'll see that at least 70% of people think delete the zeros means something other than what it actually means (lop).

Not true. The amount of dinar in circulation has been growing every year, including this one. It's up several trillion at least over the 2010 numbers.