SCOOTER

[SWFloridaGuy]

6-7-2012 Scooter-EG: Central Bank of Iraq said that "international sovereign Iraqi bonds issued under the Paris Club granted a higher interest rate / not specified / purchased at prices which makes it expensive compared to the rest of the sovereign bonds rose for the rest of the countries that confer benefits by about 2%." That higher interest rate is key to attracting the big industrial type investors that extra 2% becomes critical in the long run when you're talking about Billions of $$$$ it's also interesting that they are leveraging the paris club agreement and here's why. That debt relief took out 80% of the debt from the debt paying countries remember the arab states really never adopted the Paris Club Agreements and still hold Iraq accountable for the much of the their sovereign debt but here's the interesting part. Those countries like the US, Western European nations, etc. will now be able to earn an extra 2% perhaps that was part of the overall package with the Paris Club members. I like that plan a lot Here's the other important part, "The current account surplus in the balance of payments amounted to about Iraqi 10% ratio to GDP (national income)." Stressing that "this will enable the dinar rate of improvement because of the trend towards the adoption of central bank monetary policies successful." The Surplus in the Balance of payments SURPLUS equated to 10% in essence they aren't really running a deficit at all these days So if Iraq's GDP is 100 Billion -- rounding off to make this easy A cool $10 billion is accounted for as a surplus. Remember how countries gain wealth they do it by exporting the wealthier they become it's the countries that import more than they export that tend to get themselves into trouble unless they have huge domestic consumption which Iraq does not. They need to stablalize the prices and oil will need to stay at the current prices to continue this growth and according the IMF recent presentation in Tokyo, Oil is not going downward in the long term. If a currency jumps 20% over five years that's very significant and also I was using a simplistic model it didn't account for all the variables remember whenever a currency moves one PIP it runs through an algorithm that calculates over 1200 different measurements just to move that one pip. PIP = Percentage Interest Point. Also, what would happen if they put a 1.5% to 2.5% daily lock on the currency for the first 24 months In essence, the currency could only advance 2.5% a day. That may not seem like a lot but it grows fast if that were the case. I'm the absolute wrong person to ask about the political environment in Iraq. I think we are heading for a Hybrid solution between the redenomination and the strategic goal of the country to increase the purchasing power of the people. A process that will take time. They will come out with the lower denoms first and maintain the fidelity of the larger notes. Suck those larger notes into the CBI and then slowly progress with moving the pricing to reflect the new CPI at the same time they launch their primary bond market and attract the big boy investors. At the same time take those surplus budget residuals since 2006 and parlay those into miniture economic explosions in their primary vertical markets like Agriculture and mfg. Investment in items that get that young populace working and spending once those occur or at the same time. They gradually bring or raise the value of the dinar with the bonds from foreign investors and their primary stakeholders providing the day to day liquidity and leveraging the growth markets that start to add to their GDP. That's what I think will occur. What they will open up at, nobody knows but it should be interesting. Ithink when we see the lower denoms floating into the market and being used exclusively by the people of Iraq, you'll see several significant jumps in the value. Largely because they'll need this to reflect the purchasing of common items food, milk, bread etc.

[Maggie123]

Thank You SWFloridaGuy

I always love to hear from Scooter, that guy is so smart!

[SWFloridaGuy]

Thank You SWFloridaGuy

I always love to hear from Scooter, that guy is so smart!

Yeah he's great, I love his posts.

[aliciadogz]

SWFG thanks for posting.O'h have a great night.

Edited June 8, 2012 by mydogz

[LS1Hawk]

Wow, I needed some scooter. Thx

[HappySteel]

All the Guru's including Scooter and Kounce and even Okie have all been wrong %100 percent of the time. Let me say that again, %100 of the time. And I on the other hand, I have been right %100 of the time. Does that mean anything?

Edited June 11, 2012 by HappySteel

[Mongo]

All the Guru's including Scooter and Kounce and even Okie have all been wrong %100 percent of the time. Let me say that again, %100 of the time. And I on the other hand, I have been right %100 of the time. Does that mean anything?

Yea...............it does.......................we get to......................

[lawdog32]

What has Scooter been wrong about? I have never seen him give a date. I have seen him give a timeline of events with all things pertaining to Iraq, but never a specific date. I have also heard him discuss rates, but only based on IMF doc's etc and he specifically has said many times NOBODY will know ahead of time of either date/rate. Putting Scooter in the same sentence as Okie is fairly disrespectful to Scooter. Scooter would be professor in my book and Okie would be the kid who failed kindergarten.

[caz1104]

All the Guru's including Scooter and Kounce and even Okie have all been wrong %100 percent of the time. Let me say that again, %100 of the time. And I on the other hand, I have been right %100 of the time. Does that mean anything?

means didly,and no i'm not talkin bout Bo Diddley.

Yeah he's great, I love his posts.

What I like bout Scoot is,no fluff just factual info. Thanks for bring it over

What has Scooter been wrong about? I have never seen him give a date. I have seen him give a timeline of events with all things pertaining to Iraq, but never a specific date. I have also heard him discuss rates, but only based on IMF doc's etc and he specifically has said many times NOBODY will know ahead of time of either date/rate. Putting Scooter in the same sentence as Okie is fairly disrespectful to Scooter. Scooter would be professor in my book and Okie would be the kid who failed kindergarten.

Exactly

[doctor robbins]

Scooter used to do rates and dates a few years ago.

10/5/2010

[scooter] Ok -- back to iqd

[sunglass] Scooter ty for looking at it, wait

[scooter] lots and lots going on and going on fast and furious

[sunglass] did you find that it had any connection with the dinar RV

[sunglass] or would effect/influence the rv

[scooter] Sunglass oooooo ---- hold that thought -----

[sunglass] ok will do!

[scooter] not a connection per se

[51BUTKUS51] Scooter is iraqi going to start selling there oil o 10/14/2010 and does that mean a rv

[scooter] but ideas ---- concept --- Yes

[RVorBUSTT] shhhhhhhhhhhhhhh

[sunglass] right, correct that's what i was trying to say

[sunglass] ok we are ready scoot!

[scooter] Sunglass Sunglass --- then the answer is yes

[scooter] ohhhhh ok

[scooter] So real quick ----- I can't be specific ---- made a committment to a friend

[scooter] however

[scooter] This thing is definately happening

[scooter] and soon

[Capital stack] definitely?

[dinarpilot] Scooter how soon?

[Walker Texas Ranger] can you hold that thought.. i have to weeeeee

[scooter] and could very well be before October 15th

http://dinarvets.com/forums/index.php?/topic/35048-scooters-chat-october-5-2010/

[GasCan]

he said it could happen before oct 15th, not that it would happen then. someone can tell you that you could die tomorrow. would you believe them or do anything differently than you normally would?

[caz1104]

Scooter used to do rates and dates a few years ago.

10/5/2010

[scooter] Ok -- back to iqd

[sunglass] Scooter ty for looking at it, wait

[scooter] lots and lots going on and going on fast and furious

[sunglass] did you find that it had any connection with the dinar RV

[sunglass] or would effect/influence the rv

[scooter] Sunglass oooooo ---- hold that thought -----

[sunglass] ok will do!

[scooter] not a connection per se

[51BUTKUS51] Scooter is iraqi going to start selling there oil o 10/14/2010 and does that mean a rv

[scooter] but ideas ---- concept --- Yes

[RVorBUSTT] shhhhhhhhhhhhhhh

[sunglass] right, correct that's what i was trying to say

[sunglass] ok we are ready scoot!

[scooter] Sunglass Sunglass --- then the answer is yes

[scooter] ohhhhh ok

[scooter] So real quick ----- I can't be specific ---- made a committment to a friend

[scooter] however

[scooter] This thing is definately happening

[scooter] and soon

[Capital stack] definitely?

[dinarpilot] Scooter how soon?

[Walker Texas Ranger] can you hold that thought.. i have to weeeeee

[scooter] and could very well be before October 15th

http://dinarvets.com/forums/index.php?/topic/35048-scooters-chat-october-5-2010/

Thats quite a streeeeeeeeeeeeeetch when trying to disgrace someone. You'll need something alot stronger than that

[magawatt]

Pretty desperate attempt to discredit Scooter, Doc.

[lawdog32]

I think the Scooter post is taken WAY out of context. It hardly seems like an RV prediction without having more of the thread to read. Either way, I haven't seen anything from him in the last year and a half that is anything more than analyzing data with a very consistent message of nobody on these boards will know the date/rate, and there are many different routes that could be taken so be prepared.

[MovieMaker]

I've ALWAYS LOVED Scooter. He has helped educate me in this adventure. I love his breakdowns on data and explanations. He's also doesn't live and breath Dinar. He seems to be a normal family guy and with a sense of humor too. He just gives his info. to help others. I think he'd even be fun to hang out with. SO there, just my two smiley faces worth.

[doctor robbins]

Wasn't trying to discredit or disgrace Scooter. Just establishing a fact. He said it was definitely going to happen soon. That was Oct. 2010. There are plenty of posts out there going back to 2010 where he was projecting ranges for rates and windows for dates.

[easyrider]

Scooter used to do rates and dates a few years ago.

10/5/2010

[scooter] Ok -- back to iqd

[sunglass] Scooter ty for looking at it, wait

[scooter] lots and lots going on and going on fast and furious

[sunglass] did you find that it had any connection with the dinar RV

[sunglass] or would effect/influence the rv

[scooter] Sunglass oooooo ---- hold that thought -----

[sunglass] ok will do!

[scooter] not a connection per se

[51BUTKUS51] Scooter is iraqi going to start selling there oil o 10/14/2010 and does that mean a rv

[scooter] but ideas ---- concept --- Yes

[RVorBUSTT] shhhhhhhhhhhhhhh

[sunglass] right, correct that's what i was trying to say

[sunglass] ok we are ready scoot!

[scooter] Sunglass Sunglass --- then the answer is yes

[scooter] ohhhhh ok

[scooter] So real quick ----- I can't be specific ---- made a committment to a friend

[scooter] however

[scooter] This thing is definately happening

[scooter] and soon

[Capital stack] definitely?

[dinarpilot] Scooter how soon?

[Walker Texas Ranger] can you hold that thought.. i have to weeeeee

[scooter] and could very well be before October 15th

http://dinarvets.com...october-5-2010/

so let me get this straight you join only a couple months ago and then you try to discredit someone that im sure had done tons of more research than you and has brought alot more of value and substance to our investment you sir are a joke and im really starting wonder what your motive truly is. Hasn't everyone predicted at some point why does that matter anyhow no one knows the date or rate its all speculation.

Edited June 11, 2012 by easyrider

[TFK]

Wasn't trying to discredit or disgrace Scooter. Just establishing a fact. He said it was definitely going to happen soon. That was Oct. 2010. There are plenty of posts out there going back to 2010 where he was projecting ranges for rates and windows for dates.

Pretty lame attempt to CYA.

If you have nothing good to say, just *****!! Unbelievable how some of you ***** come on here and do nothing but diss people. Go play with yourself in the other side of your basement and leave this forum to people with a brain!

Edited June 11, 2012 by TexasGranny
removed offensive language - please follow forum rules

[umbertino]

Pretty lame attempt to CYA.

If you have nothing good to say, just *****!! Unbelievable how some of you ***** come on here and do nothing but diss people. Go play with yourself in the other side of your basement and leave this forum to people with a brain!

You're doing a great job yourself in offending other Members who happen to think differently from you.

Edited June 11, 2012 by umbertino

[doctor robbins]

Pretty lame attempt to CYA.

If you have nothing good to say, just *****!! Unbelievable how some of you ***** come on here and do nothing but diss people. Go play with yourself in the other side of your basement and leave this forum to people with a brain!

People here bash Okie all the time for calling the RV and I'm okay with that. I'm just saying why is it a cardinal sin to state facts about Scooter? I'm sure he's a great guy and has done a lot of research but he's been wrong just like everybody else. I wouldn't say 100% of the time like Happy Steel said but he has been wrong. So has Randy Koonce. It's not dissing it's a fact.

[TFK]

You're doing a great job yourself in offending other Members who happen to think differently from you.

Erased... not worth responding too.

I guess I'm not as perfect as some "members" who live here (10k+ posts) and think they own the place.

[kjwayne]

EVERYBODY walking this earth has been wrong! I like me some scooter. No Okie etc.

[abby01]

How many negs does it take to get banned? Just wondering?

WE APPREICATE SKOOTER and others like him because they bring their deeper understanding to the table for us to consider! We do not want anymore BASHING to our good fellows and ladies! If we allow constant bashing...nobody worth reading will be left! It has gotten really bad lately anyway. We (I) appreciate SWFloridaGuy and others who bring much to the table! So I added my neg to the basher! ( I do not really smoke but it seems to call for an avatar cigar! lol)

[HappySteel]

Scooter used to do rates and dates a few years ago.

10/5/2010

[scooter] Ok -- back to iqd

[sunglass] Scooter ty for looking at it, wait

[scooter] lots and lots going on and going on fast and furious

[sunglass] did you find that it had any connection with the dinar RV

[sunglass] or would effect/influence the rv

[scooter] Sunglass oooooo ---- hold that thought -----

[sunglass] ok will do!

[scooter] not a connection per se

[51BUTKUS51] Scooter is iraqi going to start selling there oil o 10/14/2010 and does that mean a rv

[scooter] but ideas ---- concept --- Yes

[RVorBUSTT] shhhhhhhhhhhhhhh

[sunglass] right, correct that's what i was trying to say

[sunglass] ok we are ready scoot!

[scooter] Sunglass Sunglass --- then the answer is yes

[scooter] ohhhhh ok

[scooter] So real quick ----- I can't be specific ---- made a committment to a friend

[scooter] however

[scooter] This thing is definately happening

[scooter] and soon

[Capital stack] definitely?

[dinarpilot] Scooter how soon?

[Walker Texas Ranger] can you hold that thought.. i have to weeeeee

[scooter] and could very well be before October 15th

http://dinarvets.com/forums/index.php?/topic/35048-scooters-chat-october-5-2010/

Why is this guy getting negs?? He just copied and pasted a conversation that I susposed really happened.

Yes, Scooter and Randy Kounce are very versed on the Iraq goverment as a bunch of you are and are probably very smart people but they have still been wrong %100 of the time on their predictions. I just put Okie in as a joke. Everyone knows he's a joke. Some can't read the writing on the wall.

[caz1104]

Why is this guy getting negs?? He just copied and pasted a conversation that I susposed really happened.

Yes, Scooter and Randy Kounce are very versed on the Iraq goverment as a bunch of you are and are probably very smart people but they have still been wrong %100 of the time on their predictions. I just put Okie in as a joke. Everyone knows he's a joke. Some can't read the writing on the wall.

Please show us where Scooter has predicted a rate or date? He has mentioned windows of opportunities......yes,but thats a big difference.

Erased... not worth responding too.

I guess I'm not as perfect as some "members" who live here (10k+ posts) and think they own the place.

Longevity does'nt automatically equate into wisdom.

Edited June 12, 2012 by caz1104