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20Mil

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Everything posted by 20Mil

  1. Your job as a forum clown must be fun but it doesn't really pay well does it? LOL You don't deserve any more of my time or energy Thug, like you said, you are not really a very bright person and I won't argue that!
  2. Maybe I should rephrase that then... How about something like: Why didn't they buy as much IQD as possible making it impossible for the average citizen (anywhere) to buy up physical currency? Dinar dealers have hundreds of millions of dinars on tap and have been flooded with supply for the past 7 years from what I can recall. Why would the major banks even make it possible for these other "dealers" to own Dinar. So, without more nitpicking (which you are so good at) could maybe you answer this for us Mark? Banks are in the business of making money and it is really such a small amount of capital for them in the grand scheme of things. So you have just debunked this rumor of some regional manager of Wells Fargo "knowing" something that others don't in regards to the IQD. Thanks for clearing things up. Mark, could you lock this thread so it doesn't cause any more confusion. Thanks buddy!
  3. I should have expected nothing less from you.... Everybody here is proof that they DIDN't buy up the entire M1 money supply! Do you own Dinars? Yea, that's what I thought... Question still stands for anybody with a SERIOUS answer: Why wouldn't the "major banks" or even just Wells Fargo just buy up the entire M1 money supply of Iraq at one time making it impossible for anybody else to make money with the IQD?
  4. Thanks OZmosis, The biggest reason for me not posting here anymore is because it is clear that most here don't appreciate what I bring to this forum as it goes against their hopes and dreams but some things should be brought up and the question I asked above should be asked by anybody reading through this particular thread. I'm interested to hear people's thoughts on my original question which is: Why wouldn't the "major banks" or even just Wells Fargo just buy up the entire M1 money supply of Iraq at one time making it impossible for anybody else to make money with the IQD? This would of course make Wells Fargo the RICHEST CORPORATION ON PLANET EARTH at a 1:1 RV! How could they turn this down considering all banks are in the business of making money...
  5. One Question: Why wouldn't the "major banks" or even just Wells Fargo just buy up the entire M1 money supply of Iraq at one time making it impossible for anybody else to make money with the IQD? In fact, with only $35 Billion USD they could buy up the entire M1 money supply of roughly 35 trillion IQD and then when it RV's at a 1:1 rate they would be the wealthiest corporation on planet earth! That would be the smartest thing for them to do considering they DO have $35 Billion USD liquid cash on hand... Can anybody please tell me why they don't do this?
  6. What Wealthy People Know About the Recent Plunge in Gold By Dr. David Eifrig, editor, Retirement Millionaire Friday, March 8, 2013 When gold fell $125 an ounce this past month, did you react like a wealthy man or a poor man? The difference between the two reactions is huge. If you picked the right one, chances are good you'll make money as a long-term investor… For many years, I've urged people to own gold and silver. I've helped thousands of Retirement Millionaire readers make the right precious-metal investments. But I'm an unusual owner of gold and silver. You see, I think 99% of gold and silver owners are all wrong in the way they view their holdings… Most folks buy gold and silver and hope they'll make a fortune on it. They listen to "doom and gloom" gurus who claim gold prices are about to explode. Or while watching right-wing television shows, they see commercials promise to make them rich in gold and silver. So when gold and silver decrease in value – like they have recently – the average precious metals owner stresses out. His "big trade" isn't working. Again, I own gold and silver… and I urge you to do the same. But I take an unusual approach to my holdings. I hope I lose money on them. I look at gold and silver the way a homeowner looks at his insurance policy. A homeowner buys insurance against disaster and hopes disaster never comes. He hopes he never has to cash in his policy. Similarly, I hope I never make money on my gold and silver. If I don't make money on my gold and silver, that means economies and markets are behaving relatively normally. It means I'm making money on my regular investments, like stocks, bonds, and real estate. If the world economy goes haywire and gold skyrockets to $5,000 an ounce, sure, I'll make money on my gold… but I'm sure to have a lot of problems along with those profits. I'd rather make money in stocks, bonds, and real estate. I'd rather live in a world where the U.S. dollar isn't plunging in value every month. For many years, my job at Wall Street bank Goldman Sachs was to develop and implement advanced hedging strategies for wealthy clients and corporations. The goal with these strategies was to protect jobs, wealth, and profits from unforeseen events. During those years, I learned a big difference between wealthy people and poor people… Wealthy people almost always own plenty of hedges and insurance. They consider what could happen in worst-case scenarios and take steps to protect themselves. Poor people tend to live with "blinders" on. They play the lottery with their paychecks (OR add to their DINAR holdings) every other Friday They keep their retirement funds in just one or two stocks… or they put all their money in a neighbor's crazy business idea, which is incredibly risky. And they tend to "load up" on things like gold and silver. They place way too much of their portfolio into precious-metal investments. And even worse, they base their decisions on their emotions (usually fear). Don't do that… Instead, think rationally. Think of gold and silver as insurance… I like to keep 4%-8% of my investable assets in what I call "chaos hedges." Gold and silver are great for this purpose. I keep the rest in stocks, cash, bonds, and real estate. When gold and silver plunge in value, I don't worry. I don't lose sleep. If you don't own these sorts of hedges yet, I encourage you to buy some… just like a homeowner buys insurance… or just like you'd buckle your seatbelt before driving your car. Take the wealthy investor's approach, buy gold and silver… and hope the time never comes for you to have to "cash in" the gains. Here's to our health, wealth, and a great retirement, Dr. David Eifrig
  7. Do your own research and put your own time, effort, and energy into making yourself wealthier. Don't rely on others for your success. Thanks!
  8. Just wanted to clarify here to everyone, don't bother responding to any more of my posts or asking me anymore questions as I don't want to waste any more time or energy arguing with those here only looking for a fight. It does nobody any good when we could all be focusing our time on increasing our wealth. Yea we can nitpick other people's posts all day long but where will that get us? Nowhere! There are so many different ways to make money while waiting for your RV, why wait? Don't rely on the government of Iraq to make you rich, learn to create wealth yourself and you will be much better off. Once you have learned to create wealth don't let others jealousy and envy make you feel bad about the wealth you have acquired. Always remember the time, effort, energy, trial and error, and money that went into the success you have achieved. 95% of people will always be losers and will NEVER become successful because most are dreamers, The difference between dreams and goals is that dreams don't have a timeline, they are not achievable, and often times are not realistic, kind of like a fantasy. Goals on the other hand are specific, measurable, realistic, achievable, and have some sort of timeline. Which one are you? A dreamer? Or somebody with Goals? I won't be responding anymore so if you are looking for further debate and argument, save it! Good luck with your RV folks
  9. Yota, Let me clarify one thing that you didn't mention. Yes you're right that trading is non-productive and non-creative and the money you make comes out of the pocket of some poor sucker! Or a bank, or a major financial institution... They don't win every trade either! However, once somebody is able to make good money trading he/she is now in a position to put something back into the world to make a difference. Did you ever have a business idea that you thought would be good but didn't have the capital? I'm sure most here do! Well, I have found a way to fund my business ideas that I wouldn't have been able to start without the necessary capital that I am able to make through trading. Think about this, what are you doing to make the world a better place in terms of services, products, or a business idea? You couldn't be doing too much with the amount of time you spend here posting and ridiculing others for their success. So you got one part right but completely disregarded what one is able to do with the money that they have made trading the financial markets. Kind of one sided don't you think? Feel free to call me out on this one Thaiexpat. No different then most average people here looking to pick a fight. Which is actually the biggest reason why I actually won't give you a recommendation now. Here is what I didn't think about when I made that post last night. If I make a recommendation to you for a company that handles Managed FOREX accounts and you end up losing money, who will you blame? Probably me! If I make a recommendation to buy/sell gold and you make a mistake or don't use proper money management, who will you blame? Probably me! If you are already calling me out on a post that I made then imagine what you would try and do if you follow a recommendation that I make and lose money! I don't need any additional stress or headache from people looking to make a quick buck but don't want to do their own research. I have spent a lot of time, energy, and money to get to where I am at so why should I give somebody a free pass with this kind of attitude of "well I'm calling you out?" Think about that... With that being said, I am going to take a step back from DinarVets because it seems that the majority here would like to remain in their fantasy land of Dinar RV and ridicule others who come here with a more realistic and grounded approach. If you are starting from zero as you put it then you shouldn't be investing money blindly into investment vehicles which you know nothing about! Go study and learn first, Google is your friend, use it!
  10. Mark, Alright, I give up, you guys win. I really shouldn't be wasting my time or energy with people like you anyways. I'll come stop by in a few months to see how your RV is coming along. My apologies to anybody who actually enjoyed what I bring to this forum but it's really not worth the energy to argue back and forth with people like Caz1104 and DontLop and now even a Moderator such as Markinsa as to why I'm here. Good luck with your RV folks.
  11. Just a heads up, I never mention LOP or RD anymore. EVER! I do mention that it may be possible to gradually increase the value of the IQD while slowly withdrawing currency from circulation. And then I support that theory with facts. Just clarifying my point of view in case that post was for me Engaged, informed, and prepared. Remember, we need to be informed and prepared for ANY outcome, not just one. If RV doesn't happen, we need to be informed and prepared for other opportunities.
  12. No I don't! You're right, I hear you bumper, loud and clear! Time to move on... Thanks for the respectful responses Bumper.
  13. Just to clarify, I think you (Bumper) are an excellent Mod but I wanted to bring the above to your attention. Yota (in a nice way, without swearing) was ragging on me and I don't think that's cool... It shouldn't be accepted just like "swearing" isn't accepted here. That's just my opinion though...
  14. Bumper, I'm curious, I know that I was the one who said a "bad word": to Yota but that was after the following post: Thanks for the education of the thieving and manipulators that have our Economy in Shambles, Hope your Proud and you don't choke on all that Honest Money that folks like you continue to strangle from Real hard working Americans and sending this country into a bliss.... just to benefit your pocket.. I know how the system works and as that saying.. All Good Things Come to End..Enjoy it for now..for that day is coming upon you and I hope it slaps you so hard that you realize just how it feels..ENJOY.. Is that really acceptable here after I posted results to show credibility? Is that really acceptable here considering the fact that everybody here is looking to benefit off of a new currency which is a bi-product of war, invasion, and a new government of Iraq? Is that really acceptable here to tell someone who has worked long and hard for success that you are hoping that it "slaps you so hard that you realize just how it feels" ? I know Yota is a consistent poster but I don't feel it is right to come and do a hit n run like that! Not acceptable in my book which was the only reason for my response back to him. He was being hypocritical and the drive by was uncalled for. You guys call the shots so you obviously will do what you feel is right and if deleting my post is what you need to do then so be it. I recommend reading through this entire thread one more time with an unbiased view and see who are the trouble makers. It's clear in my eyes as well as probably most everybody else here. Ahhh yes. Didn't even cross my mind. I will keep posting ideas and making calls in the different forums that the information will pertain to. I guess I was just making a point that I'm willing to help in any way that I know how to help people increase their income.
  15. Thanks Flatbush, Unfortunately it is very difficult to post facts here without being questioned or attacked by the a few people, DontLop is obviously one of them. Anybody reading through this thread knows exactly what I'm talking about. Yes I called Yota out and said something I probably shouldn't have said on this public forum, but that was after a blatant attack on my business as a trader saying that what I do is unethical. Yet he is here posting everyday speculating for a 100,000% RV in the Dinar. DontLop is a child and never brings any substance to this forum so I am done responding to him anyways. I'm not going to waste my time with him anymore. I took a couple month break from this forum because of the stupidity, sarcasm, and lack of want for reality from most members of this forum. I could help anybody here be more aware of potential possibilities to increase your wealth, shoot, I'd be willing to give a few real-time trade calls if anybody was interested. I thought the main point of being on this forum is to increase our wealth by making money! Anybody can open up a brokerage account in their name and make money like me and I'm willing to help every step of the way. Any takers? There's no need for jealousy, there's no need to make sarcastic remarks (yes I made one in DontLop's thread earlier and I apologize, won't happen again), there's no need to question someone's credibility after they go out of their way to show results which are solid, there's no need to bash the current financial system because anybody speculating on Dinar is involved with the current global financial system whether they like it or not. They WILL need to cash in at a bank that is part of the current financial system. Guys, we are here to make money and increase our wealth, period! If you're here for anything else you may need to take a step back and ask yourself what your current goals are...
  16. I wonder if this fantasy land has trees made of lollipops and waterfalls and rivers made of chocolate. Champagne flows from the faucets too! Oh and nobody will have to work and everybody will be filthy rich. I can see it now... This has to happen because it sounds so good! Let's all think happy thoughts. Thanks DontLop for creating this new world for us! Can't wait... Just wake me up once it's ready! Thanks! LOL. That's what his posts reminded me of! Feels good to think positive and unrealistic...
  17. You are the kind of person who sits around this forum all day (13,000+ posts) and yet has the b**** to complain about the current state of the economy and are upset about people who spend the time to learn how to benefit themselves by taking advantage of the financial markets and the current financial system. You are also speculating on another country's currency. Redirect some of your time posting to something more constructive and quit blaming others for your downfall, that is pathetic! I have spent a lot of time and have lost a lot of money to get to where I'm at... Don't be mad because you aren't where you want to be Yota! You call yourself hard working? Posting on this Dinar forum all day complaining about other people's success... Unbelievable!
  18. The article I posted above is not really about suppressing speculation for BitCoin as it is more about showing that it is another unnecessary speculative venture. There is opportunity right in front of our eyes to make money everyday without that buy, hold, and hope type of approach. One could put in the time, effort, energy, and money to learn to trade stocks or foreign currency. People could pay professionals a performance fee for Managed FOREX accounts. People could pay for stock alert signal services with proven track records. These are all excellent ways to make your money grow without waiting for that HUGE payday that may never come. I know the gentleman who wrote the article and he is a multi-millionaire via passive investment vehicles such as managed FOREX accounts and other types of unconventional investment vehicles. I think the problem is that most people want to spend $100 and make $100,000 or even $1,000,000 through speculative ventures that rarely (if ever!) pan out. 6% a month compounded for 1 year is double your money. If a person started with $10,000 they would be a millionaire in 7 years. It would obviously happen much sooner if one were to make 10% a month OR start with a larger amount. Problem is, most people aren't patient enough and/or willing to wait that long. The chances of becoming filthy rich overnight through a speculative investment vs. being patient taking a tried and proven path are very slim... A lot of people in this forum are always bashing our current financial system and "fiat currencies" when in all reality, that could be their ticket to financial freedom if they spent the same amount of time learning how to play the financial markets as they do bashing the current system. Remember, 6% a month is the magic number. Not 1,000% possibly somewhere down the road.
  19. For those unfamiliar, Bitcoin is an online encrypted digital currency that uses complex 'cybercrypto' technology for its global peer-to-peer verification system. The system relies on a trust factor among users through a network of over 100,000 computers. It's being referred to as a decentralized currency since there are no central banks connected to it. Unlike the Fed who can 'print' unlimited greenbacks any time it wants to, the amount of bitcoins that will be allowed into circulation will supposedly be strictly (mathematically) limited to 21 million coins. While I dig the concept and the sovereign-minded intention behind it, the main drawback I see here is that the exchange rate of each bitcoin fluctuates based on supply and demand, rather than an international currency exchange rate. So bitcoins are susceptible to price manipulation — kinda like what goes on in the diamond industry. Many people have been led to believe that diamonds are 'scarce'; however, anyone who knows the real story behind the biggest diamond cartel in the world (De Beers) knows that diamonds aren't rare at all. The perception is created through artificial scarcity. Perhaps De Beers chairman Nicky Oppenheimer said it best: "diamonds are intrinsically worthless, except for the deep psychological need they fill." In a way, the same could be said for bitcoins and the liberty-loving enthusiasts they serve. Thing is, if naïve folks out there continue to promote the idea that they can be used for anonymous transactions or to somehow avoid the authorities, then there's a good chance they could eventually be worth nothing. All it takes is for Bitcoin to become Public Enemy #1 with bankers and politicians (i.e., "the establishment") and poof — it's toast (remember e-gold?). From what I've seen so far, bitcoins should be considered HIGHLY speculative and much more volatile than a digital currency that's tied to fiat currencies (what most of us currently use to pay our bills and purchase goods with). Bitcoins are in an artificial 'bubble' that could burst at any time, leaving thousands of users holding a worthless bag of digital fairy dust. The precedent for such renegade alternative, people-led currency movements certainly doesn't have a winning track-record. All one needs to do is read the case of Bernard von NotHaus to see the likely outcome. But, without getting into the pros and cons of Bitcoin itself ('cause certainly the implementation is much different than Bernard's Liberty Dollar), here's my quick thoughts on the philosophical intellectual desire to pick the right battle. Ultimately — and this comes from many, many personal attempts myself to think I should jump on all fast-moving bandwagons that are out to spoil the oligarch's party — the question for me comes down to: "Does getting involved in such a fringe movement, such a Don Quixote political quest, serve me NOW in any measurable way?" While the idea of slaying off the Bankster-controled monopoly money (the dollars, euros, francs, and renminbis of the world which are centralized and government-backed and controlled) is commendable, it's not practical or prudent. You won't find wealthy, highly-successful, productive entrepreneurs and investors picking these kind of battles. Why? Because, simply, they're pointless. If folks would just wake up and realize that they can become millionaires and multi-millionaires, under the fiat-currency structure that reality is handing them, they wouldn't be majoring in minor stuff. Bitcoin isn't anything more superior. It's still fiat currency. A Bitcoin doesn't have any intrinsic value and its value is unrelated to the value of any physical quantity. Like our current fiat money, it's also predicated upon faith that someone else will accept it as payment. Currently, I just encourage anybody reading this to accept the system we're in, not try to fight giant windmills (you can go broke fast and fall out of love fast), and FOCUS on growing your dollar digits in various accounts (bank/brokerage). And then when there's some EXCESS, exchange those digits for real hard assets (think real estate, gold in select minor quantities, businesses, collectibles, etc.). The dollar (most likely your home currency) is what it is. Just let it be. Accept it, save it, grow it, and exchange it. And, most importantly, learn to focus on the things you can control and accept the things you can't.
  20. Oh ok I understand. Yea I remember hearing about Bit Coin when it first launched... I had no idea it blew up the way it did! LOL Good example of opportunity passing me by...
  21. Darin, You are right in a sense that most of the time people can't make millions in short amounts of time trading currency. Unless of course one has a large amount of capital to work with. Reference my post above with the link to Closed GBP/AUD Trades and you will see that I made about 2,500 pips or so since January 2013 until present with a few trades. Now, trading 1 standard contract gave me $10 per pip. If I had a larger account balance like let's say $100,000,000 then I could have easily traded 100 standard contracts per trade making that a total of $2,500,000 in one month's time following the exact same strategy I used. When trading it is all relative in terms of %. The more volume you trade the more money per pip is gained / lost. So with a larger account I could have made $2.5 million in the past 30 days or so. Not bad... *Same principle obviously applies to stocks as well. The more stock you own the larger your gains/losses will be.
  22. All I was trying to do was show proof of my claims so that people aren't left in question about my credibility. You said words don't mean $hit only actions, so I showed results of my actions. Sorry you are upset by that...
  23. Thank you for the compliments. I'm not suggesting anything to anybody, just put together that article about a year ago for anybody who was interested in learning about financial structures. Obviously if they aren't ready or capable they won't pursue that avenue... IMPORTANT: Just want to clarify that if somebody wants to incorporate offshore you are probably better off following Adam's advice and joining VIP. What is that old adage: Don't try and re-invent the wheel. It's definitely easier to take an already existing system / plan and go with it.
  24. OK, Here are the results of my actions since early January trading GBP/AUD: http://screencast.com/t/3ZA2u8ylV2u (banked over $25k in a little over a month) Here are my current open AUD/JPY trades: http://screencast.com/t/ofrAuE3UBiL2 (floating profit of about $6k) Here is my call on Gold last week: http://dinarvets.com/forums/index.php?/topic/141371-gold-breaks-major-ascending-trend-line/ (made a little over $10k shorting gold) Here are my current open GBP/AUD trades: http://screencast.com/t/1QAu5alQKVQI (floating profit of $2k) $40k in less than 2 months! You mind sharing the results of your actions?
  25. I have a structure here in the US which is bullet proof and 100% tax free as well as 100% legal. Just because you don't know about it doesn't mean that it doesn't exist. This structure has been around for over 15 years and has held up in court time and time again. I didn't say that offshore is not good, in fact, I also have offshore structures in place and have had them for about 6 years now. They are solid. I just wouldn't set them up solely for a possible RV of the Dinar... But to each his own. Your VIP is probably good for people who don't want to do their own research but I was just pointing out the fact that there are many law firms out there who specialize in these services. However, most probably don't want to do their own research so joining your VIP is probably the best route for them to take.
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