How the RV will come play out

[thatoneguy]

The IRAQ RV plan spelled out 　

Ira, I hear we are looking at Thursday for the RV..　 Fines and penalties this week.　 The big money next week.

　

　

My comments.. I highlighted below in RED…Jackie

　

This may be info that most of you already know, but it is good to read it again, IMO.

This post was provided by Chattels… Thank you.

http://www.gwu.edu/%7Ensarchiv/NSAEBB/NSAEBB198/FOI%20Economy%20and...

　

The Plan Spelled out.

If you want to understand how it works without having to lop the zeros, then read this IQD report of The Plan from a former State Department economist. Our retired State Department economist worked on the original plan.

In a nutshell: create a new currency. Sell it to speculators and raise Iraq's official, aka Forex Reserves (currently over $50 billion) and when the time comes, use those massive oil reserves to cash in all those dinars. How — Cheap (to extract and process), premium priced oil – lots and lots of cheap, premium priced oil. Iraq sells/exchanges oil worth $10,000 on the market (roughly 92 barrels @ $108), for $10,000 worth of post RV dinars. Well how does that work, simple – that $10,000 worth of oil probably only cost Iraq $1.50 to $150. Starting to get the picture now?

Retired State Dept economist:

In our 40+ year career as a Retirement Consultant we have been blessed to meet some very talented professionals. One of them is a retired State Dept. economist who introduced us to the IQD investment in 2005. He had worked on the original plan to install a new monetary system for Iraq after the 2003 invasion.

He had originally indicated that the plan was for the IQD to achieve financial parity with the USD over a 7-10 year period from the introduction of the new system. At that time the USDs use would be completely discontinued and it would be replaced by the IQD for in-country use and international exchange. The variable factor in the timetable would be the political environment.

I visited with him recently and got an update on several issues:

1. He indicated the original time table was proceeding on a fast track due to the financial management skills exhibited by the CBI and the Finance Ministry in

a. controlling the rate of inflation,

b. controlling the value of the IQD in a declining economic environment and

c. implementing a digital banking system both internally and externally, but the variable was still the political environment.

Like most economist he doesnt talk in absolutes (i.e. rate/date) but in probabilities. His knowledge base is pretty current since he is still part of a subsection of the original group that Iraq, State Department and IMF financial people bounce things off of.

2. We raised the issue of the large number of IQD reported as being in circulation (current estimates are at 25 Trillion). He indicated this was mostly made up of (1) in country physical currency, (2) the foreign currency reserves of the central banks around the world which are electronic, (3) currency that had been printed but not released (i.e. small denomination bills) and (4) privately held physical currency sold to increase the foreign currency reserves.

The export oil revenues are still under the control of the UN supervised DFI, and Iraq only gets roughly 30% of the fair market value of the oil they are selling, which is to be used only for budgetary expenditures. Since Shabbi, the head of the CBI, knew he couldnt get anymore cash flow out of the controlled revenue system the IMF/UN had him under, he opened a currency sales window at the daily auctions to tap into the wallets of the worlds speculators. Worked pretty good, since hes built his foreign currency reserves to over $50 billion USD.

3. We then moved to the removal of big bills (the ones with the 3 zeros on them) and he said that this activity was always built into the plan. The activity was to begin as soon as Iraq had implemented a modern digital financial system (i.e. bank branches, credit/debit cards, ATMs, direct wire transfers etc.). The removal of the large bills in-country would be the reverse of the process that was used to remove the pre-2003 currency with Saddams picture on it. The example was a 25,000 IQD=$25USD/pre-rv note would be brought into the bank and exchanged for a 25 IQD note=$25 USD post/rv. The 25,000 IQD note would then be destroyed removing it from the currency in circulation account. I told him a lot of people would call that a LOP and he laughed, saying they are partially right, because 25,000 IQD was being lopped from the currency in circulation account, but the only reason for this process was to improve money handling ability at all organization levels, and reduce the actual physical currency in use in all areas of the Iraq economy.

Interestingly enough, he said this activity could happen in-country without an approved RV rate being released to the International financial system. I asked how much physical IQD did he estimated was in circulation in-country, and he said probably less than had been originally introduced in 2003 which was about $4.5 billion USD worth at an exchange rate of 2000 IQD = $1 USD, because there has been a continuous process of not replacing the larger bills as they wore out. In fact this has resulted in currency shortages in some areas.

4. The next obvious question was how would the removal of the large bills with the three zeros work outside of Iraq, because of the number of world speculators holding IQD.

He indicated, the amount of IQD held by speculators was relatively minor (less than 10%) compared to the IQD held as foreign currency reserve by the central banks of a number of major countries (US, China, England & France were the largest) with major financial interest in Iraq. He didnt have an exact estimate of speculator holdings but ventured an educated guess of 750,000 individuals worldwide with the majority in the US. Estimated value of their holdings $1.5 Trillion – $1.7 trillion IQD. .(I just knew it!!!　 I said it was less than 1 million people world wide….most in the US)

Maybe this will help, Pt 2

5. Before discussing the planned process of how currency exchange would take plan after the IQD was released as an international tradable currency, he asked if I remembered my economics 101 and what the real purpose of currency is? Yes teacher I replied, its a medium of exchange that facilitates the orderly distribution of goods and services among individuals, companies, countrys etc. The often used example, is the use of currency allows an automobile dealer to exchange a new mustang GT (composed of many diverse parts each with its own individual market value) for the cash down payment + bank financing check of a proud new owner, and each has received equal market value at the moment of exchange.

This is an important concept because the value of a particular currency may be defined by the value of what the currency can be exchanged for, instead of the usual underlying economic indicators.

The complete discussion was rather lengthy so heres the executive summary of how the exchange should work with IQD owned by a US speculator:

1. IQD is released internationally with an exchange rate of $1 USD = 1 IQD

2. IQD is exchanged by Mr. & Mrs. X at Bank Y. Their exchange value is credited to their designated financial account, Bank Y forwards the IQD currency to the Federal Reserve and Bank Ys account is credited at the bank private exchange rate. Yes, the banks will have a private rate and then they will add their profit spread to come up with their public rate. By law this bank spread could be as high as 8%, but it will be a competitive marketplace and the banks know investors will shop around. There is a possibility that there might even be a three rate structure (i.e. Treasury Rate – Bank Private Rate – Bank Public Rate) imposed, but he had no input on that subject.

3. The Federal Reserve adds the value of the exchanged IQD to their foreign currency reserve accounts and destroys the actual physical currency under agreement with the CBI, which serves to reduce the total IQD physical currency in circulation. This build up of the foreign currency reserve accounts serves to strengthen the USD in the marketplace, because heretofore the US has never held significant foreign currency reserves, because there wasnt any country whose currency was perceived as being equal to or stronger than the USD.

The IQD with its commodity (oil+others) base, potential for agriculture growth and aggressive private development growth, has the capability to become the most valuable currency in the world in the 10 years after its revaluation and approval as an internationally recognized currency. Other countries have lots of oil, but they cant feed themselves, they operate under a monarchy or religious tribunal and they have no private development system in place.

4. Mr. & Mrs. X tithe to their church, local charity etc. which stimulates activity in that sector. They pay off their debts, making currency available for re-lending by their creditors. They buy a new house and car which stimulates their local economy and set up a conservative investment portfolio which adds capital to the investment markets. They also pay their estimated taxes which increases the cash flow to the US Treasury.

5. The Federal Reserve under a controlled redemption plan supervised by the IMF, will use its foreign currency reserve IQD account to buy oil for the national strategic reserve, DOD reserves, other country reserves as part of international support agreements or resell it to private oil companies etc.

This gives the Federal Reserve a powerful market force capability to control the supply/price of imported oil which has far-reaching economic and national security implications.

The economics of this scenario look like this, using the exchange of a 10,000 IQD Note with a two-tier 2% bank exchange spread as an example:

1. Mr. & Mrs. X get $9,800 credited to their non-interest bearing checking account.

2. Bank Y gets a $10,000 credit to its Federal Reserve account, and by adding the $200 profit to their capital account, allows them to increase their lending cap by $2,000 under the 10% fractional banking model.

3. The Treasury gets $3,500 in estimated taxes in the quarter after the exchange, because Mr. & Mrs. X are now in the rich category and get to enjoy the 35% tax bracket. This lowers the net cost of the IQD exchange to the US financial system to $6,500 USD (i.e. $10,000 out – $3,500 in).

4. The Feds designated agent, at some point, orders $10,000 worth of oil from Iraq. Payment will consist of a 10,000 transfer from the Feds foreign currency reserve IQD account to the IRAQ Oil payment account at the CBI. Even though the world spot price of oil is defined in terms of USD, the actual transaction may take place in any internationally recognized currency agreed to by the parties. For example, Iran only accepts Yen from Japan for their oil orders, because they dont want USD in their foreign currency reserves.

5. The $10,000 order is filled with 200 barrels of oil based on the spot price on the date of the sale (for this example we used a $50 USD spot price). What does it cost Iraq to produce the oil to fill this order? Well they have negotiated productions agreements for $1.50 USD/barrel. From that price $.50 USD goes to the national Iraqi oil company who is the partner in the field the oil came from. Out of the remaining $1.00 the other oil field partners have to pay the Iraq government a profit tax of $.35 USD (35%). The net cost to Iraq to produce a barrel of oil used in this scenario is $.65 USD. (i.e. $1.50 – .50 – .35)

6. The transaction is completed with the Federal Reserve exchanging foreign reserve credits which are equal to 10,000 IQD (which had a net acquisition cost of $6,500 USD) for 200 barrels of oil (which has a net cost to produce of $130 USD.

Simply put, it cost Iraq $130 USD from their foreign currency reserve accounts to redeem the value of 10,000 IQD, which goes into their operating accounts. At the same time the US got $10,000 worth of oil for a net cost of $6,500. Thats how it was originally planned for Iraq to RV at 1 IQD = 1 USD, with the variable being the political element (i.e. UN Sanctions, GOI actions, IMF actions, World Bank actions etc.)

Now lets really stir the pot by:

a) Having the DFI ($280+ Billion USD) plus other frozen assets (estimated at $100 billion) turned back to Iraq and added to their foreign currency reserve, bringing it up to $430+ billion USD.

Then change the current fractional IQD reserve requirements of 100% to 15%. That just raised the total potential money supply value to $2.8 Trillion (430 billion/ 15), while at the same time the total physical IQD in circulation is being reduced by removing the large bills with the 3 zeros.

c) Also execute the plan Iraq announced to increase oil production from 2+ million barrels/day to 10 million barrels/day with the resulting revenues flowing directly to the Iraq treasury.

d) To add a little more intrigue have the CBI continue to use its sales window to market oil futures and Forex contracts. They have shown they can generate significant cash flow in the private market, think of their impact in public markets.

We leave it to your analytical ability to determine how high of an RV exchange rate IRAQ can really support.

[skrappyone]

Very interesting read. thanks for the post. Sounds like a well developed plan.

[cooked]

I'd take it as soon as they can do it. NOW please.

[Bigchclte]

Guy I think that is an excellent post and gives clear insight on "the plan" that was derived long before now, which by the way is how things are done! Plus 1. Thanks!!

[leesburg]

i know of only one person in western pa where i live that has invested in the dinar .. i know it does not come out to one in every 10 people are invested ..... its not one in a hundred people i know or talk to .. i dont think its even one in a thousand .....i think it may be more like one in every ten thousand americans are invested ...

10% would be 30 million americans hold dinars ...

one percent would be 3 million americans ..

im more likely to think its more like point one percent .. or like 300 thousand americans invested ..

thats my opinion ..one tenth of one percent ..

the majority of people i talk to show absolutly no interest in buying any iraqi dinars ..

so the number sits well with me also ..it could be around a trillion dinars i guess .. or about a year and a half worth of foriegn oil revenues we spend

so in a couple years time iraq would be in the clear ....and be sitting on all that wealth 3 or 4 trillion dollars worth of wealth aftera rv around a dollar ..

i was told if they believe they have 10% of dinars out of country they would rv at 10% less than their actual value .. then after all the dinars are collected .. they would then float the value up 10% more so the out of country rv revenues would be free to iraq

[truthful1]

Ive been in this eight years and heard it all. i got one word bularky!!! The cbi has been trying to rd for three years now....and keep getting stalled out and pushed back. theres a chance this rvs......but a dollar is a joke......there is not a form of economics that exist to even begin to debate 60 trillion dollars in m2.

so with this oil exchange system we see broken down above.....

just how many barrels of oil does iraq need to give away??....when they could just rd, a neutral event, and keep trillions of dollars of their own oil and use it to rebuild iraq.

if iraqs given away all these billions of dollars in oil......how will they support the budget????........when every drop they could produce the next 20 years would be going to pay out specululators????

i hate when people think they have the whole rv figured out....i mean cmon......if there was a plan no one would ever ever no one thing about how it would happen. but im sure...we will have many defending this bogus assuption...based on zero economic realities. im done...id care less what you all come to believe.

Edited April 23, 2012 by truthful1

[easyrider]

Ive been in this eight years and heard it all. i got one word bularky!!! The cbi has been trying to rd for three years now....and keep getting stalled out and pushed back. theres a chance this rvs......but a dollar is a joke......there is not a form of economics that exist to even begin to debate 60 trillion dollars in m2.

so with this oil exchange system we see broken down above.....

just how many barrels of oil does iraq need to give away??....when they could just rd, a neutral event, and keep trillions of dollars of their own oil and use it to rebuild iraq.

if iraqs given away all these billions of dollars in oil......how will they support the budget????........when every drop they could produce the next 20 years would be going to pay out specululators????

i hate when people think they have the whole rv figured out....i mean cmon......if there was a plan no one would ever ever no one thing about how it would happen. but im sure...we will have many defending this bogus assuption...based on zero economic realities. im done...id care less what you all come to believe.

LOL and you have it all figured out as well i presume You have said you are done before but youll be back its an opinion deal with it!!!!!!!!!!!! why are u so angry? i really do believe if you been in this 8 years then it might be in your best interest to take a step back.

Edited April 23, 2012 by easyrider

[DinarintheAZDesert]

I've spoken to many, many people (friends, neighbors, relatives, co-workers) about the Dinar and out of everybody, only one of my friends bought any. When I told people about this, they all thought it was a scam or didn't have any confidence in Iraq. I know I won't get rich off of this, but when I do come into the money after the RV, I'll be able to say "I told you so."

GO RV...

[truthful1]

LOL and you have it all figured out as well i presume You have said you are done before but youll be back its an opinion deal with it!!!!!!!!!!!! why are u so angry? i really do believe if you been in this 8 years then it might be in your best interest to take a step back.

Your right....it means rv....hey, ali's back....it definitely means rv.........dont miss out. buy while you can....awesome news

[Viciousdoggie]

I've spoken to many, many people (friends, neighbors, relatives, co-workers) about the Dinar and out of everybody, only one of my friends bought any. When I told people about this, they all thought it was a scam or didn't have any confidence in Iraq. I know I won't get rich off of this, but when I do come into the money after the RV, I'll be able to say "I told you so."

GO RV...

I agree. I only know one other person invested. Everybody else laughed at me. They will all have their hand out even at 10 cents. I am hoping for at least a dollar and will help those that trully need it.

Go RV

Doreen

[Halo9678]

A few question, if I may....

1. I'm assuming that Iraq is one of the 134 countries that are aBASIL II compliant. If so, I have to ask, "Is the US also one of those countries?"

2. If the US is NOT one of those currencies backed by resources etc., How would it be possible to do an RV?

3. PURE SPECULATION. If the US is not, how long would it take for the US to get there? (If they aren't, I wouldn't expect the US to get there until around election ime. Just me, I'm just sayin')

Please feel free to comment/answer questions. I'm not above learning a few things. Thanks.

[umbertino]

I only met another IQD Investor here in Italy so far.. Met her on a Dinar Forum ( not this one)...She used to be a Civilian Contractor in Iraq and had gotten married with a US Military.....Then she went back to Italy ( where she runs a shop) ...

My guess would be that in this Country there's very very few of them ... Maybe 100-300... Just a guess... Don't know about other European Countries... Probably the UK is the one with most Investors.

I recall reading a few years ago that the Country with the highest number of IQD Investors outside of the US was Israel.

Edited April 23, 2012 by umbertino

[Davesdeals]

Thanks for the Info, This makes me feel a lot more secure about this investment !!!!!

[frankc]

I remember that scenario was passed around a yr and a half ago by a guru and still doesn't make sense. How and why would Iraq possibly use all their oil dollars(their main resource) to pay for an rv when they need more oil than they currently produce to keep the country running (as poorly as it is done). It would break the country.

Iraq has been publishing articles for a long time saying the intent is to do an rd and recently came out and said they don't even have the resources in place to do that.

It came out late last yr that the US FED secretly had created and spread $16 Trillion dollars around the world to many foreign banks and companies to prop them up. Look how that has turned out. The world economy is tanking still and with the gigantic debt just getting larger is on the brink.

How is Iraq with their tiny GDP, no infrastructure or security and worthless currency going to rise up out of the flames and save the world. Would love to see it happen but it does test the imagination just a tad bit.

[Frogee]

Please help. I read this as a lop....25,000 note for a 25 note. No where can I find this refuted.

[truthful1]

LOL and you have it all figured out as well i presume You have said you are done before but youll be back its an opinion deal with it!!!!!!!!!!!! why are u so angry? i really do believe if you been in this 8 years then it might be in your best interest to take a step back.

Easy...whats fascinating is you didnt even try to answer any of the above questions. i mean, if you have to take time to respond to my blurp, then at least go after me on the questions. Ive came and gone a few times, might drop q line or two...but i wouldnt say im back in full swing. i usually put thought into it before i post. many people have a thousand more post...in their first six months than me. majority of my time here i dont respond. in fact, the first six years i was in....i was a guest and never posted. but, im beyond trying to convince anyone of anything.....i honestly and politely could care less what you or anyone else believes of this investment. Because my whole point is no one knows....yet we have some one who has it all figured out based on phony economics. Dont take it so personal easy............

Edited April 23, 2012 by truthful1

[doctor robbins]

truthful1 is right. Without a drastic reduction in their money supply they're not going to RV anywhere near a dollar. This economist post has been around for two years that I know of. During that time I'd say the number of investors has probably doubled, so we're probably talking about 1.5 million investors worldwide. At probably over a million dinar each that would come to close to 2 trillion dinar. If Iraq has a choice between honoring 2 trillion in oil credits or keeping it for themselves I think I know what their choice will be.

[thatoneguy]

Please help. I read this as a lop....25,000 note for a 25 note. No where can I find this refuted.

Unfortunately, It can't be refuted. We're all still speculating.

CBI says they want to take off 3 zeros, and if that's off the currency value and assuming a 1:1, and there is 30 trillion out there, 30 billion can't run a country with a 100+ billion budget! Especially an emerging/growing country.

Some will argue that "they have electronic funds in addition to the currency". What are the E funds backed with then?

If you argue that, then you could point out that when the currency was introduced, it was given an artificial value and perhaps is poised to increase.

I mean, who decided that the IQD would start at 1800+/-? So why can't that change as it has several times before? Even dramatically? Artificially?

We're still waiting on exact numbers on money supply and IMO, FACTUAL numbers on currency reserves. Currently, they claim the 60 billion. Does that include other currencies or just dollars.

I think I'll put $2 on #2 to show.

[fastarnie]

I know three people invested in the dinar, but I did personally hear dinar discussion at the local rip an sip. I believe that when something becomes tavern talk, there are too many investors. We'll see though.

[tandy]

seems there are two encampments doing battle about the outcome of the IQD...those that think positive about a pleasant outcome...and those that think negative and don't seem to have much faith in a pleasant outcome. Question to those of you with negativity..why not spend your time elsewhere and profit from your financial expertise rather than bringing gloom and doom to the hopeful masses. Nothing is less appreciated than dream stealers. The best things in the world in art, science, music and other fields became reality due to the dreamers of the world. I'm holding tight to a dream and if it doesn't come true, then I can say I still had a wonderful dream...so there!!!

[Captjohn]

i know of only one person in western pa where i live that has invested in the dinar .. i know it does not come out to one in every 10 people are invested ..... its not one in a hundred people i know or talk to .. i dont think its even one in a thousand .....i think it may be more like one in every ten thousand americans are invested ...

10% would be 30 million americans hold dinars ...

one percent would be 3 million americans ..

im more likely to think its more like point one percent .. or like 300 thousand americans invested ..

thats my opinion ..one tenth of one percent ..

the majority of people i talk to show absolutly no interest in buying any iraqi dinars ..

so the number sits well with me also ..it could be around a trillion dinars i guess .. or about a year and a half worth of foriegn oil revenues we spend

so in a couple years time iraq would be in the clear ....and be sitting on all that wealth 3 or 4 trillion dollars worth of wealth aftera rv around a dollar ..

i was told if they believe they have 10% of dinars out of country they would rv at 10% less than their actual value .. then after all the dinars are collected .. they would then float the value up 10% more so the out of country rv revenues would be free to iraq

Yes, but after the RV there will be 30 million people minimum that will tell you, "man, you have all the luck" The same ones who called it "a scam" and maybe even laughed at you. The risk involved and the time/patience needed have brought in only the few risk-takers. IMO, it may well be only between 300 and 500 thousand people tops in the U.S.

Edited April 24, 2012 by Captjohn

[littlefeet]

seems there are two encampments doing battle about the outcome of the IQD...those that think positive about a pleasant outcome...and those that think negative and don't seem to have much faith in a pleasant outcome. Question to those of you with negativity..why not spend your time elsewhere and profit from your financial expertise rather than bringing gloom and doom to the hopeful masses. Nothing is less appreciated than dream stealers. The best things in the world in art, science, music and other fields became reality due to the dreamers of the world. I'm holding tight to a dream and if it doesn't come true, then I can say I still had a wonderful dream...so there!!!

Agreed Tandy.............the above statement is because they weren't hugged enough by their mommy's

I work with people like that and every single frickin' day they just wear you out with negativity and sorrow............doesn't matter what other bright

ray of sunshine is lookin' down on you, they just p*ss on ya.......

Everyone on this Dinar Site or others, know, this a 50/50 shot. PERIOD. Dreamin' and hopin' , ain't nothin' wrong with that

[keepmwlknfny]

Unfortunately, It can't be refuted. We're all still speculating.

CBI says they want to take off 3 zeros, and if that's off the currency value and assuming a 1:1, and there is 30 trillion out there, 30 billion can't run a country with a 100+ billion budget! Especially an emerging/growing country.

The amount of currency in circulation doesnt fund the budget....the revenues coming in from oil sales does so only having 30 billion in circulation wont affect that.

Some will argue that "they have electronic funds in addition to the currency". What are the E funds backed with then?

Backed the same way the physical dinar is....through their reserves...

If you argue that, then you could point out that when the currency was introduced, it was given an artificial value and perhaps is poised to increase.

What do you mean it was given an artificial value? The value was just continued from what it was before...

I mean, who decided that the IQD would start at 1800+/-? So why can't that change as it has several times before? Even dramatically? Artificially?

Saddams spending of all the reserves and printing excessive amounts of dinar gave it the low value it has....

We're still waiting on exact numbers on money supply and IMO, FACTUAL numbers on currency reserves. Currently, they claim the 60 billion. Does that include other currencies or just dollars.

The 60 billion they claim is just physical cash....and it includes other currencies besides the USD....they claim to have a total of around 90 billion or so, the 60 is just hard currency....

I think I'll put $2 on #2 to show.

[dhardage]

seems there are two encampments doing battle about the outcome of the IQD...those that think positive about a pleasant outcome...and those that think negative and don't seem to have much faith in a pleasant outcome. Question to those of you with negativity..why not spend your time elsewhere and profit from your financial expertise rather than bringing gloom and doom to the hopeful masses. Nothing is less appreciated than dream stealers. The best things in the world in art, science, music and other fields became reality due to the dreamers of the world. I'm holding tight to a dream and if it doesn't come true, then I can say I still had a wonderful dream...so there!!!

Sorry Tandy, I don't agree with you on this one. While I agree that there are the extemists on this site, meaning that there are those who walk around saying "Go Dinar" and refusing to look at any other possible outcome, as well as those that post ONLY to say why the RV can NOT happen, I think many on this site are hoping for the best, but preparing for the worst. "why not spend your time elsewhere and profit from your financial expertise rather than bringing gloom and doom to the hopeful masses."

Are you suggesting that the only opinions welcome in the opinion section of this site are the ones that will only see the positives? I had thought that you were a bit more open minded than that. It is my belief that the Dinarians on sites where only positive thoughts about the ever impending RV are allowed are the ones who are in the greatest peril. Spending more than they can afford to lose, buying Dinar on Reserves because the RV "has already happened".

I, for one am grateful to those on this site who are IMO, not trying to steal my dream, but rather are trying to help me come to my own INFORMED decision about what may, or may not happen with the Dinar.

Love to all

Robin

[tandy]

dhardage +1 to you...no my friend, I believe healthy debate is and should be welcome but there are a couple of folks that seem to think this bet, speculation, investment or whatever will never be fruitful and have stated so many times. I wasn't referring to anyone on this particular post but for the 100% negative naysayers that never have anything positive to say about the dinar ride. They read most of the posts. Opinions are like other things and they are entitled to them...however, why should they continually try to pee on other peoples parade. Most of their rhetoric isn't based on due diligence rather on biased opinions. (like a lot of mine, lol) It doesn't add value!!! It just makes for a brighter day to be upbeat and positive. Energy vampires are not pleasant folks. Just my humble, and dumb opinion. cheers to you and all and Love back to you!!!