Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content

caddyshack

Lopster
  • Posts

    82
  • Joined

  • Last visited

About caddyshack

Profile Information

  • Gender
    Female

Recent Profile Visitors

640 profile views

caddyshack's Achievements

Newbie

Newbie (1/14)

-115

Reputation

  1. Now that was a candid response. Much appreciated! I couldn't care less about spelling and am not a spelling Nazi except when it comes to Caz because he is obnoxious incarnate.
  2. BECAUSE THAT IS RATE THE DINAR WAS UNDER SADDAM HUSSEIN. THAT'S THE WAY THE SCAM WAS AND IS SOLD. NOBODY GOT SUCKERED INTO THIS WITH A PITCH OF 10 CENTS. Yes, Adam modified his stance to .10 and even predicted a date around four years ago. I really don't know if Adam still believes an RV of some kind is a certainty or if he is like you believing it may or may not happen. It's my gut feeling he doesn't believe in it at all anymore. He's much too intelligent for that.
  3. Markinsa, Hi. Do you think you may be able to help Caz with the emotional trauma that has engulfed him? I had indicated the other day that I was bidding him and the site "a fond farewelI" but was only gone for a day since there were posts addressed to me I felt I needed to respond to. In other words. I lied. Well, he cannot come to terms with this assault on his senses that I or anyone would commit such a transgression and the fact I am still posting. He is also afraid for my kids and the reign of terror and lies they must be living under. Although I have apologized for this most grievous of offenses he is still visibly shaken by it and I believe he may be having trouble digesting his food. Who knows, the poor soul may need an enema. I understand by reading your past posts you may have an advocate with the Father. You are spiritually minded and may be able to help Caz by interceding to alleviate his sufferings. A simple prayer or the laying on of hands should be sufficient along with the usual daily recommended dosage of Metamucil. For tougher episodes of Caz's epileptic trauma may I recommend Dulcolax. This turbo-charged, gutbusting, colon cleansing jack hammer will leave Caz feeling refreshed, revitalized and clean. Thank you
  4. Joe, you are right. Many have lowered their expectations quite a bit based on 'further research' and the fact they have been in it over ten years continually being told an RV would happen in the 'window' of next Tuesday and Thursday. Back then the actual RV event was a certainty along with the 3 dollar rate. Some thought it would be the $32 program rate because that's what 'gurus' were telling them. Nearly everyone is gone now having sold their dinar or quit posting due to embarrassment. And that's where pitiful creatures like Caz come in. He bought in believing this was a sure-fire proposition and who can blame him? I mean he had credible sources like Okie, Tony Renfrow, Bluwolf and countless others telling him so. But now that he knows it is not going to happen he and other dinarts have taken to the reset position of, "Oh, I knew all along this was a very speculative risk and I am just betting money I can afford to lose and this is just another 'hedge' against my other portfolio investments and I can take it or leave it and I know I'm not going to make a billion dollar ROI and I'm just in it for the long haul like any other investment and I'll be more than happy with a 10% annual ROI." It would be amusing if it wasn't so tragic. But guys like you who are new and have a more realistic outlook are refreshing. I hope you meant a 1% to 40% return. That could be possible since China did it. It took a while but they did increase the Yuan by 25% over nine years being pegged to the dollar. But Iraq needs to get on FOREX first. No one outside of Iraq will honor a dictate of the Iraqi government and CBI of an RV. Good Luck
  5. Pathetic lieing (lying) loser....takes two to tango. One big difference.....I didn't lie!
  6. Certainly Iraq could emerge from the ashes and be a productive, stable country. Of course the possibilities are there which is why there are people over there and there is foreign investment. But those entities aren't there because they believe in an RV. They are over there to make money as in US dollars. An RV of any kind would kill foreign investment. People here seem to think an appreciation of currency is commensurate with economic stability and progress. Some countries like China want a cheap currency for its exports. Some the opposite. Imports, exports and interest rates drive the value of currencies. The US likes a cheap dollar when exporting its cars but wants a strong dollar to have cheaper imported oil. One man's Revalue is another man's Devalue. It all depends. If Iraq is going to have a stronger dinar it will come organically and naturally like any other currency once it gets traded on FOREX. Much to the chagrin of Dinarians there is no shortcut, no cheating to getting wealthier by having the dinar RV all at once at the $3.22 that has been consistently advertised for the last 10 years or so. And isn't this the dilemma? If Iraq does become economically successful and becomes a major world power why would it need to RV? The theory on all these dinar websites has been the RV is needed TO make Iraq successful now you are saying Iraq will become great on its own through foreign investment taking advantage of all its resources and potential. Well then, an RV is not needed. Right?
  7. I see. So although Iraq says it is going to LOP (Redenomination) you interpret that to mean Iraq is claiming it's going to RV? If so, we know what a LOP is. It's been done in quite a few countries including Zimbabwe, Yugoslavia, Peru, Brazil, China and is a band aid for countries with steep or hyper inflation where small monetary units are not used because wages and prices are going up so fast. As for an RV I have never read anything where Iraq or the CBI said they are going to RV. They have said they will RD to make transactions of dinar more convenient. Of course RDs do not change purchasing power. An RV is a decree by a government that forcibly changes the value of its currency against an established baseline, such as wages, commodities or a foreign currency. In this case obviously, the RV is against the US dollar. RVs DO happen every day on the FOREX as currencies are exchanged except that he raising of the value is called appreciation. China is the only example I know of that actually RVd against the US Dollar because it was pegged to the dollar. China revalued the yuan 25% over nine years. Now the yuan is pegged to a basket of currencies. Another problem you may have is when Iraq does RD with new notes the old notes you currently have will need to be replaced. And you can only do that in Iraq and will have little time to do it. But I do see what you're thinking. Dinarians believe that if Iraq does an RD and reduces its money supply from 70 trillion dinar to 67 billion then it will match the US currency held by the CBI and will then be valued at 1 to 1. And then the CBI will order The Fed to give dollars to Wells Fargo to act as an exchange for US Dinarians. And then The Fed will take these Dinars and cash them in at the CBI for Dollars which will deplete the CBI of its US currency reserves. Does that sound about right?
  8. Right, I understand. But dinar investors are not in it for the mundane double your money in a couple years type investment. Everyone got in because of the certainty of a $3.22 to 1 dinar RV. I mean you can't beat a 300,000% ROI. But when warnings come out like this: "In response to the growing concerns with fraud and scams related to investment in the Iraqi dinar, State agencies such as Washington state, Utah, Oklahoma, Alabama and others have issued statements and releases warning potential investors. Further alerts have been issued by news agencies. The Better Business Bureau has included Dinar Investments in its list of top 10 scams. There has also been a book written on the subject. These alerts warn potential investors that there is no place outside of Iraq to exchange their dinar, that they are typically sold by dealers at inflated prices and that there is little to substantiate the claims of significant appreciation of their investment due to revaluation of the currency." You start to wonder if there is even the slightest bit of legitimacy to it.
  9. I'm not sure what you want me to comment about? Isn't this why there is a Lopster tank because no one is allowed to talk about a Lop in the other forums? Now you are saying that talk of a Lop by Iraq is a positive sign for an RV?
  10. That's correct. Many lost more than that in the dotcom meltdown of 2000, and after 9/11. But did you leave your stock in there? You'd have over a 300% return now. If only the Dinar could give you that much return.
  11. Joe, no one here gets into a childish argument except with Caz, because he is a child at heart and reduces every serious discussion into name-calling and accusations of addictions, lies and the mocking worrying of the well-being of Lopster's children. He has not, nor ever will, bring anything of a serious bent to the table. So that is why it is difficult to respect his 'view'. As far as respecting the views of other more serious dinarians it must be understood this isn't a debate of established economic doctrine such as John Maynard Keynes versus Milton Friedman. Those have and always will be discussed and argued over. This Dinar bit is about basic, rudimentary, cause & effect, economic and monetary laws and practices that are the DNA of the world economy. They cannot change. It's like arguing the molecular makeup of water. We know it's H2O. Iraq's history has been chaotic from the beginning. They have never know democracy before. Potential is only potential. As it is oil is 95% of their industry. The lack of development in other sectors has unemployment at near 30%. They have less than a half percent of the oil wells the State of Texas has and with falling oil prices Iraq has announced they cannot pay their foreign debt which amounts to 125 billion dollars. Even with increased oil output they can only deliver half the electricity needed for its citizens. Then you throw in all the terrorist activity, the break away Kurds and it is a mess. There isn't a lot of promise here. Dinaraians believe that Iraq is some unique nation at the center of the world stage where a global reset of the economy is going to change all nations for the better and everyone is waiting on bated breath wondering what Iraq is going to do because where Iraq goes, the world goes. What Iraq does, the world does. Nevermind the United States. The CBI controls The Fed, the US Treasury and our government. You mention do we know someone 'behind' the scenes or that there is far more involved in world economics than we know. This is how the Dinar cult got started. Since an RV of the Dinar is treated as a non-issue in all serious, economic media, dinar websites had to develop the narrative that the RV is a secret and is intended for Iraqis, Elites and the CABAL. But, you have been fortunate enough to find out about it. That's why information about an impending RV is called 'Intel'. Because, as the story goes, there are people 'behind' the scenes, as you say, delivering this classified 'intel' to internet dinar sites who deceminate it and explain it to dinarians who are thrilled they have access to this privileged information. The reason this intel is not put out by mainstream news outlets is because they are in on the secret and don't want the masses to know. But doesn't this beg the question that if this is really 'intelligence' and these websites are publishing it then IT IS out there for the public to see. So that's why I would much rather read about Iraq from credible sources than a shadowy internet site saying they have 'contacts' in Iraq, the IMF. the World Bank, the CBI etc. Doesn't this sound at all suspicious to you? Obviously then, there is no one behind the scenes secretly plotting Iraq's and the world's future. This is conspiracy paranoia run amock. Whatever Iraq is doing or going to do economically is no different than what any other nation would try to do in the same mess Iraq is in. It's not a secret and it's all verifiable. You say if Iraq was going to LOP they would've done so? How do you know that? I LOP just means erasing zeros to make more convenient transactions and then the rate against the dollar adjusts accordingly. Iraq Lopping or not has no bearing on an RV. But if Iraq really could get rid of all its problems by RVing don't you think they would've done it by now? Why wait 15 years? To stabilize? Well the idea for the RV IS to stabilize Iraq. Why RV if Iraq is stable? But again. Even if Iraq had an option of an RV (which they don't) they wouldn't do it because they need a cheap dinar to help exports. An in country RV would cause hyper inflation and although the Iraqis would have more money they would also have corresponding higher prices on everything. And they certainly wouldn't let Dinarians fly over and exchange even if the CBI had enough dollars, which they don't (It would take 60 trillion dollars) And that's the crux of the matter. Dinarians literally believe that Iraq can out of nowhere say and decree to the world that, "We, the sovereign Nation of Iraq are now 100,000 times richer". Well who's going to pay for this new found wealth? Dinarians believe the US and the rest of the world will say "Oh shootdarnphooey, I guess we will have to. If it was that easy wouldn't every other country have tried it already? And that's the other thing: it's never been done. You see then why it is very difficult to 'respect' the 'view' from the other side. It is not a view, it is hope derived from the cult land of Dinar.
  12. I thought Markinsa sounded like a girls name but now I see you are Mark in South America. Or is it Mark in Southeast Asia? South Africa?
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.