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boonduck

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Everything posted by boonduck

  1. Is it possible the Dinar could be DEVALUED first, in order to create a stampede of big note sellers---and then, reverse course..
  2. Apparently the Treasury Dept. licensed many of the Dinar vendors...so don't sweat it...
  3. Maybe they added a new cropduster to their fleet....
  4. FP.. Since we're ultimately "bought and paid for" by these Globalist money-masters...is our only possible escape, a system that would allow us to barter for goods and services-and absent barter, purchase those same goods and services with Gold & Silver coins/ Bullion ? Sounds rather apocalyptic, but inquiring minds want to know..
  5. Incredible answer... Perhaps on a macro scale, this is the very old "owing your soul to the company store" scenario.. Although a Texan by choice, I was born in Applalachia....and the old saying of " money talks and Bull**** walks" , is applicable here.... Thanks for the insight...
  6. ...And when this happens, the citizens of the US are headed for 3rd world status....
  7. Actually, my previous comment was to thank Scott for his initial response ( ADD, I guess )....but FP's research, links etc. are very much appreciated, as well... All you guys are quite educational and, I might add, quite entertaining...
  8. FP, I did understand reasoning behind post, and thank you immensely for your research and this illumination.. Since you guys on this thread seem to be some of the brightest bulbs in the pack...please help me understand this.. Why did the Iraqi CBI do the Texas two-step and create all these trillions of paper Dinars, with their extraordinary world-class security features, if they are simply going to turn around and call them all back in before 2010 ends ? I was kicked out of the 4th grade for not shaving, so I'm pretty certain I'm missing something here...
  9. boonduck

    Harvard

    Maybe Greece should have been buying Iraqi Dinar with those Goldman Sachs "loans"
  10. Fiery Phoenix, Thank you for this research and related commentary...
  11. As an aside, even though I have a rudimentary understanding of how the global currency mkts operate ( having earned my stripes trading on FOREX ), I'm concerned about the reserve status of the US Dollar.. We hear nothing about M3 anymore and don't have any idea if Bernanke plans to drain the swamp of excess liquidity, or not. Somewhere in there, between the need to raise rates and the out of control US Debt/deficits, chaos looms It seems all these Fiat currencies may be in trouble ( some more than others ) and this is the real reason that precious metals have taken off .
  12. Unfortunately, I've dropped a wad on some of those "pump & dump" penny stocks....learned the hard way... These Pink Sheets stocks have very little, in the way of SEC oversight.... The best bet right now, if you believe that the mkt is due for a significant correction, is an inverse ETF....A couple of my favorites are: SDS and FAZ As always, trade at a comfortable level...I'm not aware of anyone having a crystal ball when it comes to the stock mkt(s)...
  13. Good piece... Question...Since the Iranian Rial ( According to XE.com..IRR/US Dollar 9826 ) seems to come closest (among Middle Eastern nation states ) to the current Iraqi Dinar/US Dollar valuation of approx. 1170, do you have any idea as to the total volume of Iranian Rials ..? This Iranian/Iraqi Shiite axis concerns me greatly...and these concerns extend well beyond any potential RV of the Dinar... The implications for the US are enormous...
  14. Sonny1, Based on this premise, doesn't it seem logical that by virtue of the Iraqi's RV'ing- and subsequently removing most of the Dinar floating that's floating around the globe-they have, in effect, re-joined the "International Community" ? The Dinar then becomes tradable on FOREX, and just like water, will seek it's natural (financial) level...... If that is true, we could then open a FOREX account with our "winnings" and continue to "trade" the Dinar there... Inquiring minds want to know...
  15. BINGO... This is a quasi-state of emergency, for the Iraqi voters to feel safe enough to get to the polls...( and back, in one piece )
  16. Horrible...absolutely... The same is happening in Juarez and Tijuana, Mexico... Anyone remember NAFTA....the purpose being the ultimate sloshing together of goods, services and people.....well, we got it, didn't we...
  17. Switzerland A Daily Compendium of Free-Market Thinking Home Contributors Archives Resources Testimonials Subscribe The Daily Bell Newswire - It's FREE! News & Analysis Some Sunnis Drop Out of Iraq Election Monday, February 22, 2010 - by Staff Report Getty Images The Sunni wing of Iraq's leading nonsectarian political coalition said Saturday it will drop out of next month's election as a result of alleged Iranian influence on a Shiite-led vetting panel that blacklisted hundreds of candidates. In a statement explaining the step, spokesman Haidar al-Mullah said the party decided to pull out of the vote after U.S. Ambassador Christopher Hill and Army Gen. Ray Odierno, the top American military commander in Iraq, each described the Shiite leaders of a candidate-vetting panel as having ties to Iran. The announcement raises the likelihood that the legitimacy of the March 7 parliamentary vote will be called into question. U.S. and United Nations diplomats have expressed fears that a disputed result could also open the door to a new round of violence and delay plans for American troops to leave Iraq. Further raising the stakes, the Iraqi Front for National Dialogue called on other parties to join it in withdrawing from the vote. It stopped short, however, of advocating a boycott by Sunni voters -- a strategy blamed for depriving Sunnis of a political voice in the past. - Washington Times Dominant Social Theme: Don't worry about it. Iraq is a settled issue. Free-Market Analysis: We try to follow the news from Iraq on a fairly regular basis. The announcement that an important Sunni group will boycott the upcoming election has not received a great deal of notice so far. But if it stands, and especially if it spreads, the results could be dramatic (more about this below). While the general consensus is that the surge worked and that Iraq is now pacified and on its way to become a democratic state, there remains a certain amount of unrest beneath the surface. Three distinct cultures vie for primacy in Iraq, and that is probably two too many. The Sunnis are the minority in Iraq but make up the majority of Muslims in the world. The Shiites are the majority in Iraq and the base of this religious element is in Iran. Then there are the Kurds, mostly Sunni, but also more ecumenical than the Shia and Sunni factions in Iraq. Additionally, the Kurds straddle three countries. There is Iraq of course, and then Turkey (10 million Kurds) and Iran. The Kurdish population has a history of confrontation with all three states, and since the Kurds are a tribal entity with more than a thousand years of history, we don't see tensions falling anytime soon. In fact, in Iraq, there really are three separate nations from what we can tell. So, the question remains - how can all three of these groups live together in harmony. The answer of course (from the American/allied standpoint) is a participatory democracy that gives each faction a say in the larger unitary political environment. But Iraq is not like the United States or even Britain. The fissures run deep and one begins to believe that the same optimism that has supported the European Union experiment is at work in Iraq as well - perhaps unrealistically. Just because a political union is declared, doesn't make it so. Just because electoral politics are implemented doesn't mean broad participation is imminent. If Sunnis are seen not to be participating in the election, how much legitimacy will the elections be seen as having in the larger Arab world? More than this, of course, a Sunni boycott would exacerbate tensions with the Shia, who are already seen as taking guidance from Iran. A destabilized Iraq would probably slow the timeline of withdrawal from Iraq as the above article points out. From the standpoint of the United States, perceived Iranian influence over the Iraq political process is a further incitement to confront Iran, thus raising tensions even more. Conclusion: Is it at this point in the American (and allied) interest to raise tensions in the region further? Afghanistan is a large country, and difficult to pacify. Iraq itself remains on edge, even with upcoming elections. There have been outbreaks of violence in Yemen as well, which the US and allied forces have been at least temporarily sucked into. Wars are fairly easy to get into but much more difficult, in many cases, to get out of. -------------------------------------------------------------------------------- NOTED: Ron Paul wins CPAC straw poll .... In a surprising result, Texas Congressman and 2008 presidential candidate Ron Paul ® won the presidential straw poll at the Conservative Political Action Conference, capturing 31% of the vote. Three-time CPAC straw poll winner Mitt Romney (in '06, '07, and '08) finished second with 22%, followed by Sarah Palin with 7%, and Tim Pawlenty with 6%. When the announcement of Paul's victory was made, many in the crowd responded with "boos." That said, as people left the convention, "Ron Paul" chants could be heard coming from across the hotel lobby. Though 10,000 were registered at CPAC, just 2,395 participated in the straw poll. Almost half of them (48%) were students, and more than half (56%) were 25 years old or younger. Men made up 64% of participants.- NBC ... (Ed Note: A pleasant surprise for libertarian/conservatives at CPAC, but not for others?) Post Feedback We look forward to hearing your feedback and will respond to you as promptly as possible. Unless you specifically request otherwise, we reserve the right to publish your comments on the Daily Bell website. Please note, harassment, vulgarity and personal attacks are not welcomed. News & Analysis 02/22/10 EU Economic 'Torture' For Greece? 02/19/10 Economic Fiat End-Times? 02/19/10 As Bell Predicted: IRS Plane Attack Hits Freedom 02/18/10 How Global Fiat Money Dies 02/18/10 Sarah Palin as Paid Hack 02/17/10 When Do the Lawsuits Begin? Guest Editorials 02/20/10 Are US Taxpayers Bailing Out Greece? by Dr. Ron Paul 02/20/10 Tiger Woods Dishonored Himself, by Dr. Tibor Machan 02/18/10 Are All of Us Always Selfish? by Dr. Tibor Machan Subscribe to the Daily Bell Newswire It's FREE!Timely email notification of... •Breaking News •Feature Interviews •Guest Editorials •White Papers •eBooks & Shorts •Special FREE offers ...and much much more! 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  18. The real question is...when are they going to drain the swamp ? The FED doing the Zimbabwe thing scares the daylights out of me...
  19. Here is a wrinkle.. http://www.xe.com/news/2010/02/11/951385.htm
  20. Thank you...as that old Texas sage Ross Perot once stated "The Devil's in The Details "...
  21. Lots of info here...Thanks for your many efforts
  22. Excellent point... Iran would/will, under that scenario, most likely sink a few ships and effectively close the Strait of Hormuz-then the plot thickens... World War ? .....too horrible to contemplate..
  23. Does anyone have info regarding the Iran situation-and how this might impact the RV...Neocons (of both big box parties ) in the US are racheting up the rhetoric, almost daily...I'm thinking they are planning another Middle East war... Regardless, Israel will attack Iran sooner than later-with or without the US...and Iraq will be in the geographical middle and will not escape the ensuing conflagration Boonduck
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