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Antietam

Lopster
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Everything posted by Antietam

  1. A better word than "hate" would be "frustration" at having to hear old mistruths spouted once again. We need to learn from mistakes of the past and push forward. I realize that "newbies" just entering the dinar speculation are coming in having been brainwashed with old guru talking points. We veterans have chewed over most of those mistruths and recognize them for what they are.....false teachings. But I despair over veterans still clinging to these guru lies of the past.
  2. Facts mean absolutely nothing to the "GO RV" crowd. They are waiting for the middle of the night e-mail that signals their new riches. Sneesh, I once believed that myself. Now it just sounds silly. But I hate having to debunk old "talking points" of the gurus.
  3. You are comparing apples and oranges. I didn't say that a country's currency couldn't revalue, or devalue for that matter. I'm saying your presumption that the Iraqi dinar could pull off the big 1 to 1 RV, because, hey, it's just electronic money, just can't happen. A 1 to 1 RV is a 100,000% revalue. Please tell me you still don't believe that old fallicy. So you'v been holding on for 11 years and these things go are still not clear to you? I understand the world finance system. I know how it works, and it doesn't work the way you would wish it would. It works on confidence ( being fiat), and the strength of economy. Iraq has neither. Zero. It is a worthless piece of sand, filled with people who would sell their mothers to maintain their cushy government jobs. It does have oil, but oil is now below $35 a barrel so they are broke. Countries that are broke and broken, don't get to revalue their currency just because they want to. The world has to accept it to make it valid. And NOBODY is going to validate a 1 to 1 RV of the dinar right now. Maybe back in 2009 or so, but not now. Not with ISIS running all over their country and the IMF bailing out the CBI every 5 minutes.
  4. If I remind you of Keeps, then I will take that as a compliment! Keeps and Legolus were two people who really understood this business. When they realized they couldn't bring enlightenment to the "RV NOW" masses, they got disgusted and left. Not many of those RV NOW! people left, so Keeps must have been right. Let me ask you a very basic question. If what you propose is actually true, and any country can suddenly declare that their currency is worth 1 to 1 with the dollar, then why isn't anybody, and I mean Anybody doing it? Doesn't that turn the light bulb on in your mind? Nobody has ever done it cuz it can't be done. No other country would accept or respect such a move, and therefore it is worthless. You are presenting arguments that have long ago been debunked and put to rest as false teachings. Are you brand new to the dinar?
  5. All I'm trying to say is that since 2011, EO 13303 has been thoroughly debated and researched, and the prevailing wind of understanding is that it does not provide any protection for overseas dinar speculators, but, as you said, Obama never re-upped EO 13303 so it's a mote point. Now if you want to get a startling look at our real lack of protection, thoroughly read the CBI's bank laws. There is so much wording in there that gives them a legal way to not honor our dinar if it came to a redenomination, which in my opinion, is the greatest danger we face with the dinar. That, and of course if the currency exchangers in America all dry up or refuse to exchange dinar for dollars.
  6. Itanimuli, i'm afraid the tank isn't for you. A little too much free thinking down here. Now, I don't agree with Bubs and his tirade against Adam. On that ledger I agree with you. You have to admire entrepreneurship. But on your other points I can't agree. Just because Toronto has a million people and you haven't heard of other dinarians, doesn't mean there isn't a bucketload of them up there. And your reference to "digital" money being some way that the CBI could just RV 1 to 1 without accountability is just....naive. All money, paper, coin, or electronic carries the SAME value and has the SAME accountability in the world of finance. Iraq can't just RV it's currency electronically and then you get to walk into a Toronto bank and withdraw Canadian dollars. Man, it doesn't work that way! Sounds like some of the guru spew going around back in 2011. All of that has been debunked. Let's not roll back to the "dark ages" of financial understanding that swept us all into this.
  7. You bet. I appreciate an honest poster, unlike some that roam the pot disparaging any and every post that dares to say " No RV", instead of "Go RV". Hardly anybody spouts that GO RV line anymore except.......you shabs!
  8. Shabs! How are you doing? You'be been gone so long I figured you had quietly sold and winked out. So many others on this site have done that very thing. I do miss their postings. But you can't blame people for "seeing the light" and selling to move on. This dinar thing can be very addicting, as you well know. But at some point, even main line addicts sometimes realize that what they are doing is a losing proposition.
  9. Synopsis, EO 13303 applies only to US business interests in the petroleum industries, especially as it relates to the iraq development fund. It has no bearing on the purchase of iraqi dinar by speculators whatsoever. EO 13303 was frequently quoted back in 2010-12 as protection for speculators here in the States, but that false teaching has been thoroughly debunked over the years. There is no stated or implied currency protection in EO 13303 for the dinar buyer. That is simply not true. It's much like how the Kuwait situation was used for years to draw in new dinar buyers before it was thoroughly debunked. Let's move forward past the the fallacies of the past and the gurus, who hoodwinked many of us with outright false statements that sounded good to our uninformed ears at the time.
  10. I'm hoping so. I have 1.5 mil still in the game! I doubt that whoever moves into the White House in 2017 won't want iraq to stay in the hands of terrorists. The obummer obviously doesn't care.
  11. I never had more than 5 million. Now I'm down to 1.5 mil. That's roughly a thousand bucks. I am just too stubborn to cash it all in, even though I realize I may never see the end of it. At least now I don't have that anxiety about the news. I feel pity for the folks that are holding 20-30 mil, watching the ship sail over the horizon. It was always just too good to be true to the degree we all bought in back in 2011. It's funny how easy it was to simply "believe" we'd all be millionaires. Many people on this site still believe it. But the telling fact is the number of posters who never post anymore. I think they saw the light and sold out quietly, not wanting to be ridiculed by the guard dogs. So many gone now, it's rather amazing isn't it.
  12. Yes, I agree. Every financial organization in the world is interlinked by a common goal....keep the money stable and accessible. That prevents riots and chaos. Something that is bad for their bottom line. To the average joe blow iraqi, having a few dollars in hand is a better prospect than having a few dinars in hand. That is why all this talk and guru spin about de-dollarizing iraq is just plain bull. It ain't gonna happen. Especially with the Iraqi economy tanking and ISIS dominating a good part of their country. That is what brought me to the decision to reduce my exposure. It wasn't because I liked losing money, because I did lose. It was because I didn't want to risk losing it all. The news over there just keeps getting worse. And now raising the peg officially to 1182, something they haven't done in seven years, makes me very worried about our investment. Anybody blabbing about a big RV now is just not living in the world of reality. My opinion of course.
  13. My brother, I think you are way over-evaluating this mess. Yes, Maliki was a corrupt government official, but then, most of them are. No, I don't think you will ever see a dime of Maliki 's stolen funds ever returned to the coffers of the country. EO 13303 has been grossly misquoted, mainly by gurus, to confabulate some connection to dinar speculators. It doesn't. It only protects outside business investors in the petroleum industries. I've read the Order many times. Alot of people have read alot into many iraqi factors which they felt would lead to the big RV. It never did. Same old 1166 (1180 now) since 2009. All the thousands of speculations, rumors, intel, guru blatherings, etc, etc, etc has led to exactly one thing...NOTHING! Now if I had a nickel for every RV prediction over the last seven years, then I would be a millionaire! But hot air doesn't move the world's financial sectors, and I see nothing in the near future thats going to move the dinar in a money making way. Time will tell.
  14. I agree, Rockfl9. The folks at the GOI and CBI are in it for themselves. They want to keep their cushy jobs by not rocking the boat. That is why they haven't moved the peg of 1166 for seven years. Now they are forced to move it to 1180 due to the budget shortfalls. It is not good over there and it is insane to think they could initiate any kind of revalue however small, at this time. Reality is just that.....reality. all the guru wishful thinking and bloviating won't change a single thing.
  15. Great card, Snowglobe! Also great synopsis by Synopsis. Pardon the play on words. As I said before, my reevaluation was based on my own research and my own experience. My decision to reduce my exposure was the right thing to do FOR ME. Every dinarian makes their own mind up. But I'm simply saying that just because a poster voices an alternative pathway to making money on the dinar, doesn't make him a lobster. I have been in two banks this week, and in both I had interactions with the bankers, not the tellers. Both times I was doing financial account closings and had to discuss the dinar situation. Both bankers were extremely bitter towards dinar holders, who said in their own words, we're driving them crazy with the RV exchange issues. Both bankers thought the dinar was a scam. Period. That's how the outside world views us, people. They think we're idiots. I wonder how the folks at the CBI feel about us? Ever wonder about that?
  16. Interesting response, Coors. Are you a lawyer by any chance? You say you don't need to reevaluate because you view this as a buy and hold investment. What does that mean? Are you going to hold indefinitely, no matter how grim the situation gets over there? You sound exactly like DB. He says he will never sell. Ever. I've never had an investment strategy that doesn't have a bottom to it. Must be a new kind of thing. You say that you can't believe there would be shills here on DV. That's very naive of you, Coors. You say I'very presented two different investment strategies. I haven't changed my dinar strategy except to reduce my exposure. Most investors will do the same thing when confronted with a negative downturn in the markets. Like I said before, what I did was my decision. It may well not fit anyone else's strategy and that's just fine with me, but I'd bet a Zimbabwe dollar that you haven't bought any more dinar in quite a while. And if you haven't bought any more for awhile it's probably because you have reevaluated this thing, and it's not so rosey looking anymore. Just a guess.
  17. I get negative when I have to deal with shill-like characters like MtGoat and caz. I would expect that by now, any thinking dinar holder would have made some revaluation strategy changes. Over the last seven years since the peg was set at 1166, it never RVed even once, to make us all millionaires, despite an absolute avalanche of "GO RV" spouting each and every day since 2008. Coors, haven't you done your share of reevaluating on this investment? Only the gurus and their shills continue that mind numbing mantra of "Go RV". But of course, they are making money, so why not. Are you making money, COORS? So, while I no longer believe my dinars will RV to 1 to 1, as I did in 2012, I still am not willing to sell the rest until iraq shuts the door. In my opinion, if you are not rethinking how to make money on this investment, you're not living in the same reality I'm living in. Does that make me a lobster? Plenty of people post just like me and they aren't accused of being a lobster, so why are you targeting me, Coors? Are you a golfing buddy of caz?
  18. DB, I join you in your loss, as I lost my mom this past November. But she was a Christian, and I am comforted by Christ's promise to her of eternal life. As far as the dinar goes, who knows? But sometimes we have to call a spade a spade. I agree that this experience has vastly increased my knowledge of the world of finance, and because of that increase in knowledge, I now realize there is just no way for the dinar to make you or me a millionaire. It might increase slowly to a point where, if you hold on, you might eventually break even, but I doubt it. I think that eventualy, the CBI will find a way to legally scrape the speculators off their balance books. The best way to do this is to simply redenominate with an in-house exchange period, like they did back in 2003. But they haven't gone that route either, so who knows?
  19. No offense taken, LGD, but I do not share the conspiratorial tone of many on this site. Those folks in Oregon are not government plants, they are very fervent believers in the over-reach of government departments such as EPA. But they cannot defeat those policies with guns. The government will just keep upping the anty of force against force. You defeat bad policies through peaceful protest ( MLK) and through the voting booth. Also, getting the message out through Bill O'Reilly doesn't hurt either! One more thing, LGD, I believe the 2nd Coming of Jesus follows seven years of Tribulation, but the Bride of Christ is removed before those horrible times by the Rapture ( 1 Thessalonians 4:13-18) So enjoy your time on earth and look forward to the return of Jesus for His church!
  20. Well,DB, it is good to know we agree on the gold and silver thing. I can only speak for myself of course, but it feels very good to have the majority of my money safe again. I did not invest much, roughly 5 grand, and lost approximately 35% of that in commissions buying and selling ( it keeps caz wealthy) but the psychological relief I feel not having to follow every move the incompetent idiots in Baghdad are making, was worth the loss. You obviously are not troubled by all the bad news and are still buying more dinar. You are probably the only human still doing that, but it's your choice to make. When are you throwing your bankruptcy party? I may have to fly over and console you on your loss.
  21. SD, I agree with the coinage. Paper money has no value other than fiat. Gold and silver will always have value. In fact most of the world's currencies started out as being backed by gold and silver. I also believe that there is a far greater chance that my gold and silver coins will revalue sooner and for greater profit to me than any of that sandbox paper I bought back in 2012. DB will at some point in the future, realize that his investment strategy was flawed. I came to that realization two years ago, but was stubborn. I sold 75% of my dinar holdings several weeks ago, and it was a wonderful feeling to hold US dollars back in my hand again. Kept a little dinar for old times sake, but I have virtually no faith in it ever making me a dime.
  22. Come on, dB. You are a long time dinar holder. No long term dinar holder is buying dinar now. You'd have to have a financial death wish to do that now. Either that or you have the biggest set of reality blinders on your eyes of all time! I have heard that there are still people out there trying to get Bernie Madhoff to sell them stocks! You fit right into that crowd, my brother. Your "stash" as you put it, is losing money! Come over to the winning side and buy Zimbabwe dollars. A few quad trillion will brighten you right up! I know you own Zimbabwe!
  23. After reading these last several posts I'm afraid that my advice is dust in the wind. Sounds to me like a bunch of you want to go join those boys out in Oregon. That method doesn't work. Voting correctly is what our framers intended. Caring for each other even though we may not agree with their ideologies is what Jesus meant when he said "love thy neighbor". He didn't say "love thy neighbor if he looks like you, or thinks like you. He said "love him if he hates you, despises you, spits in your face". Hard to do, my friends. Very hard to do. But He expects us to TRY! Even caz can be loved with a little help from above. Smile, caz. I'm only joking.
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