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Fi3ry_Ph03n1x
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Posts posted by Fi3ry_Ph03n1x
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Research the Federal Reserve, they are running the show worldwide... [sNIP]
Good post Candihar. It's clear that you have a good understanding of the 'behind-the-scenes' operations that pull the strings. I would disagree slightly and say that, rather than the Fed running the show, that the Fed is under the control of these financial giants who run the show. The USA likes to chant the mantra, "We're #1!" and it feels good, but the reality is that the interest-bearing system of control--that you referred to--exists because the Federal Reserve in this country only serves to enslave us to that financial system. The Federal Reserve is likewise enslaved to those who are on its rolls of charter members (...an officially undisclosed list, I'll add. This is officially conspiracy theory. Think Rothschilds, Rockefellers, et. al.) People think that slavery ended in the 1860's, but the truth is that we've all been slaves since 1913.
One only needs to watch "The Money Masters" on www.freedocumentaries.org to get a genuine perspective on who controls the puppet and the purse strings worldwide (if you watch with a discerning eye, you can almost see the strings from which Barack dangles, dancing at the behest of the Rothschilds every time he appears to speak.) After seeing that documentary, my perspective on world finance was totally transformed. For anyone who is interested in understanding international finance in the proper frame of reference, this is a must see! And anyone who owns IQD should understand that bigger picture that holds an umbrella over the financial situation in Iraq.
FP
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Talk about beating a dead horse...........................go away do some research.............................same crap happens when a rash of newbie's come aboard.
People have been "beating [the] dead horse" with "GO RV!!!!!" for years on here who are not "go[ing] away [to] do some research", and I am assuming you aren't encouraging that from the pumpers. People like wicked93gs are obviously approaching the IQD from a circumspect, fiscally-conservative evaluation with realistic expectations of what may happen, and I know from a good deal of experience that such people are in great minority around here. Conversely, there has always been a great supply of posters who attend your degree of thoughtfulness to the exchanges.
If you want a website that entirely eradicates all honest and genuine debate (with debate ideally serving to edify and develop our collective learning on the subject), maybe you should consider securing the web domain, "http://www.dinar-pumpers.com/". This may provide you with the environment of cheering, hollering, GO RV'ing, and other mindless banter that you might generally prefer.
FP
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You have to admit, that is part of the reason why we all invested, because its just as much a possibility of happening as not happening.
Count me out of that admission. I would say that we all bought IQD with the hope of lots o' money, but I think anyone who thinks it's just as likely as the 3x scenario is partaking in the 'funny cigarettes' too much. I think that RD is a far more likely scenario with a very remote chance of RV/RI. But I do think that all scenarios will pay out more than I invested (esp. since I'm accruing 11% at Warka while I wait), so for me it's like pizza. You hardly ever get one that is 'bad'. Usually it's either good or better. So I'm skeptical, but holding out for it no matter what.
FP
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Fi3ry_Ph03n1x,
It happens when you cut from the DV web pages and paste what you've just cut back into a post....
Ahhh... thanks gbosh. I don't know why you would have to do all that instead of just hitting the button down below. I would think that that would be more useful if you are posting this info on a competing web site so that the link back to DV is active over there. Thanks for the info!
FP
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Read more:
Hey man,what's the story with your "Read More" links that always go back to the original thread? Is there some back story to this interesting practice you implement?
FP
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Hey, Did Ali sell Dinar Trade back in April. I noticed the name changed to DTI?
What? Which thread were you in when you clicked reply?
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Hey FP...... It is good to see you again and welcome back.
Thanks man! It's nice to feel so welcomed!
If my memory serves, you are one of the original believers in a LOP......Well, I hardly think so. I may have been outspoken, but I learned about redenomination here on DV. After reading a lot and doing my best to consider it all without bias, I am admittedly pretty pessimistic. But, not an originator, by any stretch of the imagination.
Well you have alot of company now. You used to have a lot of discussions with Enorrste and Gankans. Well guess what, they got the boot here and when to 3 other sites before starting their own site with a third lunatic named TerryK.Yeah, E! (which stands for Ennorste and the Entertainment! Channel--more or less synonymous with one another) was ridiculous, IMHO. What annoyed me most is that he shamelessly led so many people down the primrose path like a pied piper, tootin' his flute. And the combination of his lengthy convoluted affirmations were easy for a lot of people to get behind. One, massive "Yeah, what he said" party. I always suspected he had ulterior motives and took advantage of people's trust. If he were just some dummy, I wouldn't have cared so much, but he was obviously a really smart guy, and it seemed that he abused it to mislead people. To what end? Not sure. If you were here and take offense at my characterization of him, how many of you who were here at the time can deny how much cheerleading he constantly did during his time, and where is the RV that he was so certain of so long ago? Probably a dinar dealer in disguise or maybe a competitor. I highly doubt he is a disinterested party who has put so much time and energy into convincing people what a great idea it is to own a lot of IQD. I, however, had nothing to gain from being so vocally doubtful. Gankans was just his lackey. They both left shortly before I went on vacation and moved on to greener pastures myself (albeit voluntarily in my case) so I knew about their departure back then.
I'm not surprised about them being in cahoots with TerryK. I don't know the guy myself, but my wife's ex-husband got into IQD and was mesmerized by that guy for awhile until he realized the roller coaster that he was being taken on. He stopped listening to him in short order (and not at any urging of mine as I had no idea about his connection to E&G until your reply.)
But, you are correct...... Same old song and dance around here. If you would like to make some new friends around here that are big Lopsters also. Try and hook up with; keepmwlknfny, Ore or froto. They are on the same page as you are. If you are open minded to more information and to challenge what you have believed for so long, I would encourage you to read the great research performed by scooter. Don't be disappointed because he does not do dates and rates. Only studies of the IMF, UNAMI, MOP, MOF, CBI, UNSC, Ernst and Young and so many more public documents.Honestly, I am not terribly interested in too actively participating in all the banter back and forth. I'm not selling anytime soon, and all our talking + $5 will buy a cup of Starbucks when all is said and done. The last 14 months and every day that goes by from here forward further invalidates all of the cheerleading (for my money). I'm glad for everyone who has hope, but I have a personal distaste for letting one's hope prevent rational thought or objectivity. Clearly, there will still be plenty of 'the same song and dance' as you say. And I don't want to sift through it all for some hidden gems that guys like Scooter can provide. But for the time that I do spend on the board, I'll be interested especially in seeing what these guys (and gals?) have to say.
The lobsters one trick pony argument has become that Iraq has 27 trillion in circulation and can't do anything about it except to LOP/RV at best. Then youll see that the last 58 RV's have been a straight LOP. There you have it...... You are up to speed now......would love to hear your thoughts now that the majority of the chapterVII sanctions have been removed and much of Iraq's debt has been forgiven. You might might to see or read some of the comments from the governor of the CBI Dr. Shabbi.Here is the bottom line for you our long lost friend. 1170 to 1 is a program rate. It is going to change. That is a guarantee. I believe their currency is worth quite a bit more than today. It has been pegged to the dollar. The dollar is down almost 20 percent. Iraq has been saving perhaps hundreds of billions in their DFI account. Oil is now over 110 per barrel since you were gone. Shabby was in DC 2 weeks ago to talk about removing zeros and increasing purchasing power for all Iraqi's. This has all the lobsters energized now. There you have it. You are up to speed now. Welcome back.
I agree; CBI/MOF has been artificially controlling the exchange rate to stabilize at 1170 for several years now. My presumption is that this is to show capable management of the economy and currency over a long term and varying conditions. I suspect that this is a prerequisite from the IMF, World Bank (Rothschilds et. al.?) as redenomination never happens until after high inflation and then a period of stability.
All in all, a far better synopsis than one could ever expect (without having to purchase it!) So thanks for the detailed reply. I almost feel like I never left!
Much Obliged,
FP
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FP... Where ya been bro?? You went to Hawaii and you never came back?
Well, I never went to Hawaii. If I actually said that, it was a cover story. But I pretty much did exactly what I said in the original post. I was on vacation, though, as you implied (why else would anyone go to Hawaii?). When I returned, we closed down the site (or should I say sight?) that I was at which took a lot of time and planning to shut down the fire department there. After that, I was at a busy site with anywhere from 5-20 emergencies a week, and I had to fit in there for the rest of my contract. Stayed busy and active... not much down time. By the time that was done, I was just kinda 'over' all of the drama.
How've you been?
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you know what you do then, turn your dinars back in and never come back to this sight again... problem solved..
I guess some things never change. Comments like this are exactly how I remember this web site.
I can't speak for the guy you responded to, but I've got my IQD in Warka bank @11% per year. I've got about $2M more than I paid for just by being patient and collecting the interest. Not only that, but I think that--even with a redenomination--the IQD will be very profitable. Maybe as much as 300%-400%. For a short term investment, that is huge. That's why I'm holding on to mine.
Why do you want people who disagree with you to leave this sight [sic]? It's not as much fun to cheer for your team when there are differing viewpoints present?
FP
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Wow... I didn't actually think anyone would remember me! Very flattering, lgraham! I'll respond to your post when I have some more time to devote the attention it deserves. @TFK: Thanks for the heads up. What a friend!
I'm in training for my employment for my new job in Afghanisland (happiest place on Earth, except most other places), but I'll have spare moments here and there. Talk to y'all soon!
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$64.39 if it's not a progressive percentage ...$39.79 if it is! Do I win ?!?!
I got $65.39.
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you are dead on! it's like you never left. you could probably come back this time next year and it will still be the same. i have only been invested for 2 months and i'm already tired of all the lies and bs
I kinda thought it might be the same ol' song and dance, but just new dance partners on the floor. Don't drink the Kool-Aid they're serving in the punch bowl.
FP
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Well that could be depressing... Seeing that come 1 year from now we could still be chanting go RV as well.
Ha, I hope at least we aren't staring at the same 1170...
I got in at 1263 and watched it trickle down to 1170 where it has been for years. So, yeah. Don't buy into the hype.
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Hey all,
I used to frequent this site about 14 months ago. Got tired of the roller coaster rate quotes, date predictions, cheerleading, and general drama, so I lost interest. But I had some spare time on the compy and thought I would just check in with all of my old buddies.
Anyone on this site who has been here for the last 14 months or longer? I haven't been watching closely, but the 'blessed event' (RV) didn't happen while I wasn't paying attention for the last year, has it?
Have people still been chanting "GO RV!!!!" and giving date predictions/rate quotes, and "It's close!" speeches?
A year's worth of posts are a lot to go through, so any summarizing thoughts from experienced members on this are much appreciated.
FP
P.S. I've actually had IQD since 2007, not just last year. Go (long on the) IQD!!!!
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This paragarph tells us that the government of Iraq is using other measures to accumulate additional revenues to support the revaluation of the dinar.WOW! Now THAT'S a HUGE leap of faith right there! How he gets THAT out of THAT.......Only he knows
Dinarded: Right on bro. I was thinking the same thing (well, I think the same thing about a lot of things the he and Enorrste post). When you "process" your news through the "E"news translator, "everything" is read with the assumption that it contains clues about an RV rather than just reading it and taking it at "face value".
By the way, I've observed that, if you put your interpretations in "quotation marks", it makes your "opinions" more "believable" to the "average reader". But that is my observations of the "professor", not the "student" quoted here. So I'm "trying it out" to see how it "plays".
FP
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Please forgive my ignorance, but I just can't get past the issue of how on earth all these dinar investors around the world will collect if the dinar RV's as everyone hopes...meaning no lop. I know there are countless people in on this...I mean if I'm in on it, it's sure no big secret. Everywhere I go I run in to people that have purchased dinar hoping for the big payout...we're all millionaires it's just a matter of time. Can someone please explain in brief and simple terms that let's say it RV's at $1 US, where does the money come from to pay all of us??? It just does not seem feasibly possible...the math does not make sense to me.
Kimberly, I happen to think that a lop is more likely (and by the way, if you already know what a lop is, then you are definitely not a n00b!) I think your common sense questioning of how it could be feasible comes from a basic understanding that there are serious problems with how Iraq could afford it. The biggest problem is their 46 trillion IQD of money supply and not enough gold, SDRs and USDs in reserve to cover it all.
Advocates of an RV will tell you that Iraq is going to collect up all of the large notes only (the 1,000, 5,000, and 25,000) and reduce the money supply by reclaiming these notes. That doesn't work. Check through the forums for lots of good discussion on all of this.
FP
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...I'm not saying there are no good people out there - I am one of them.
You are one of the "no good people out there"? That's a little more honesty than I expected!
:bow:FP:bow:
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thank you Adam for the post it is what it is and it will happen VIP no work???????I entered that into a translator and tried a few different languages, but I'm still not sure what you are trying to say.
I got your back on this one, Adam. I ran it through my translator and came up with the following text. It's a punctuation thing:
"Thank you, Adam, for the post! It is what it is... (meaning the uncontrollable actions of rogue members with ulterior motives). It will happen; people will take advantage of your hospitality. The VIP section didn't work? You couldn't post in there?"
FP
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Adam,
I really am confused. If you are warning us about a particular person then you need to tell us who it is. Why protect the person? Give us all of his known names used on sites and we can be on the look out. Don't be so secretive (i.e. don't speak in generalities) let us in on what you know.
CG
I disagree. I think it shows dignity and class to speak to the problem without personalizing. If you follow the forums even semi-regularly, the average member can put two and two together without Adam having to be crass, blatant, and stooping to the same level of BS. Well done, Adam. Your respectable behavior retains respectable members.
FP
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Hi Summer,
I believe you would have to leave the $150 in your USD account. If you're wanting the max amount of dinar for your money- then you might be best buying the currency. The benefit of a Warka account is you can ride the rate up over time if it comes out low - without having to worry about a "cash in period". You can also to ISX - (something that I'm not familiar with). The cons - Warka is not insured and I believe you can only withdraw $5000 a day. Getting a Warka account is another way of covering all the bases. FYI - I do have a Warka account. Others - correct me - please if I'm wrong on any of this.
I don't know about a $5,000 per day limit. But on the $150, most of these dinar trading sites are charging around a 20% to 25% markup on the actual value of the currency anyway. I haven't priced it much since I don't intend to buy currency (well, I will actually as I am heading out on R&R before I leave Iraq... so it will be much closer to the actual exchange rate than the dealers who ship overseas are charging). I would expect to lose that $150 or close to it just in the markup. Plus, the upside at Warka is the interest rate which is still huge compared to the states for obvious reasons.
GID Associates, for example, sells IQD at $995 per 1m IQD. This is about 1,005 IQD per $1 USD. The going rate at the bank is 1173 IQD so you're taking it for 168 dinar for every USD you spend. Multiply that by 425: 71,400 IQD. They offer different packages so there will be some variation in what you pay, but you'll always get less than you pay for, and never get any interest. (I've collected nearly a million IQD just in interest since starting this investment, but I got in early at a higher interest rate, too). When it's all said and done, the extra money didn't go into the pocket of a dealer, it's still at Warka in the USD side gaining 4% interest which is more than I'm getting on a 5 year CD in the states right now. You get a CD with Warka? I think their 6 month CD was 8.5% or something astronomical like that. Just some other things to think about.
FP
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To open an account I need to have a min balance of$150 USD plus 300,000Iqd,so I need to send $425 USD. Does that mean I would have to leave a min balance of $150 in my USD at all times and cant transfer some of it into IQD? Just want to know before I open an account with them,because if I cant convert that $150 to IQD. I would be better off using that $150 to buy IQD here at home,then letting it set there not receiving RV potential or would we be able to transfer it?maybe not?
I have heard this from the IFRD (Int'l Foreign Relations Dept.) rep. I have a Warka account, but they had no such stipulations when I opened my account. On a later deposit, he mentioned this requirement to me. I blatantly disregarded it as I opened my account before this rule was put into effect. For a new account, however, I would expect them to leave $150 in your USD side of the account.
FP
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remember last year we had a poll rv before or after elections. before won, but alot voted for after!! jim...i beleive in 2010 rv. early 2010, because as M,S stated need all or most of the large bills back by end of year. just because they have to give progress reports doesn't mean iminent RV!! I TRULY believe dates and rates are only guesses. someone will get it right because as you know by now it's going to rv dang near every day!!!
Maliki, Shabibi, nor any other official of the CBI/GOI has ever stated that they are taking in big notes in 2010**. This is a very interpretive opinion of some very vague and ambiguous information. It is one thing to believe it as a theory or opinion, but another thing to state is as a fact coming from official representatives of the Iraqi government. Please differentiate between your opinions and provable facts.
** If you disagree, I'm still waiting for someone to show me any article or other information the specifically states that only large notes are being reclaimed to the CBI. You can disagree with me if you'd like, but it is only your opinion unless you can prove otherwise.
FP
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Great summary for sure... Thanks!
I always see posters referring to returning the wealth back to the people but I have never seen anyone post what the Iraqi citizen's average disposable income was before and what it is today. Does anyone by chance have this information? Curious to see if it says anything about their average savings then and now too! It would be great to use the various rumored RV multipliers against those numbers to see how it might effect inflation in Iraq. It would help me understand how this thing might work. I know at one time the IMF said current statistical info in Iraq isn't up to snuff so maybe we can't find out the current stats. Anyone?
Thanks Jocko129 for post.
Drox: I just got off of the IMF's Int'l Financial Statistics site. I couldn't find what I wanted, but I did find that they wanted $670 for a single-user subscription. FP is not paying that much to get detailed financial data on Iraq...esp. when there is no guarantee of how thorough or accurate their reporting was in the Hussein years.
Here is a great link with less expensive financial, economic, and social data on Iraq, though.
FP
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Since you asked, Jocko: Yes, I still think it won't RV. Well, actually, I think it will RV after a lop somewhere between 1.5 to 3.5 USD per IQD.
Everyone is focused on the "return of the assets and wealth to the people and nation of Iraq the value of the Iraqi Dinar" (emphasis added). Can anyone answer why it is only the exchange rate that we are returning to? What about the money supply? Iraq did not have 46 trillion dinar in 1990. So what makes anyone think that we are going to return back to the old exchange rate without also returning back to the old levels of money supply?
Without a lop, turning in large denom notes does not reduce the money supply because without a lop, that money's value stays in your bank account. Iraq is not going to return to the old exchange rate with the massively huge money supply that it has right now.
FP
Central Bank: It is time to re-evaluate the currency, commensurate with the price changes and the wage in the economy
in Iraq & Dinar Related News
Posted
Drox has been reading a lot in the last year during my absence. Looks like we've got ourselves a bona fide LOP/RD guru in the house! Great thread, everyone! (Well, not everyone, but I won't call out any names...)
Listen to whomever you want, but--REALLY--feel free to think for yourselves as well.
FP