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Rumor from Med - Have no idea who this person is..Sure the Lopsters will enjoy


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Okay, I just found this on another site  ...let me say I AM NOT A LOPSTER...however, I'm sure they'll have a field day with this....I don't know Med, I don't know anything about this person "Med", whether he's reliable, a pumper, or what...I know nothing..just posting, plz don't shoot the messenger:

 

 

Med says(7:57 PM): OK I SENT OUT A MASS EMAIL TO ALL MEMBERS ALL I CAN SAY IS **** I JUST SENT IT OUT YES AND CHECK YOUR SPAM IT GETS SENT THERE ALSO IT WENT OUT TO THE EXACT NUMBER OF MEMBERS

I GOT CONFIRMATION OK GANG IF ONLY 82 ARE CONCERNED THEY CAN READ CHAT OK FIRST OFF AND I PREDICTED THIS INSIDE IRAQ EVEN THOUGH SOME ARGUED WITH ME IT WOULDNT HAPPEN

BUT INSIDE IRAQ THE 30 TRILLION IN LIQUIDITY IS GOING TO BE A LOP THEY WILL NOT GET ANY EXCHANGE RATE THEY WILL GET EST...1000 FOR 1 MIL

EXAMPLE THAT WAY IRAQ SKATES ON ABOUT 95% OF THE RATE THAT MEANS THERE IS ABOUT 5 TRILLION OUT NOW I WAS JUST TOLD THAT IT APPEARS SHABIBI IS RETURNING

IT WAS FORWARDED TO ME BY AN INTERMEDIARY WHO GIVES ME REPORTS ON WHAT IS REALLY GOING ON
...

I MADE A DEAL IT WAS NOT MONETARY OK BUT THAT I WOULD BE IN THE LOOP FOR THIS SITE AND I DID WHAT I HAD TO DO TO MAKE SURE YOU ALL WERE PROTECTED GOOD OR BAD

tudor says(8:09 PM): you have to tell us straight med

Med says(8:09 PM): OK IT IS POSSIBLE THAT THEY WILL LOP ALL THE DINAR

tudor says(8:09 PM): even ours correct

Med says(8:09 PM): WE HAVE DISCUSSED IT YES EVEN OURS BUT I WAS IN A DISCUSSION WITH A REP OF DINAR TRADES AND MOUNTAINMAN AND SONNY AND ALSO TUDOR

DINAR TRADE DOES NOT THINK IT WILL LOP AND THERE IS NO REASON TO EXCHANGE THE OLD DENOMS FOR NEW ONES

HERE IS THE POINT THAT WAS DISCUSSED

FIRST NO U.S. BANK IS GOING TO ASSIST IRAQ IN SCREWING OVER ANY AMERICAN THEY ARE NOT GOING TO USE THEIR MAN OR WOMAN POWER TO HAVE AMERICAN INVESTORS COME IN AND EXCHANGE THE OLD DENOMS FOR THE NEW ONES

IF AN EXCHANGE RATE IS OUT IT WOULD AFFECT THE CURRENT DENOMS WE HAVE WE FIGURED LETS SAY AT .10 CENTS ABROAD ON 5 TRILLION IT WILL COST IRAQ 500 BILLION

AND IF AROUND THE SAUDI RIYAL .28 ABOUT 1.4 TRILLION USD WHICH IS STILL A BARGAIN

FOR HOW MUCH THEY BEING IRAQ BENEFITED FROM US MY FRIEND IS DISCUSSING THIS WILL DINAR TRADE BECAUSE I NEEDED TO KNOW FOR ALL OF YOU WHAT THEY ARE THINKING AND HE AGREED THAT IF THEY BELIEVE IT IS AN OVER ALL LOP IT WOULD BE MORALLY WRONG TO SELL DINAR ANYMORE

SO RIGHT NOW THIS IS MY OPINION IF THEY REMOVE THE ZERO'S INTERNATIONALLY WHAT WE HOLD WE WOULD BENEFIT NOW THAT IS ONLY MY OPINION

mountainman says(8:15 PM): Also our banks would turn dinars into our Treasury and would not even have any of the new dinars, I can't see our banks ordering any of the new dinars

Med says(8:15 PM): YES I AGREE TOTALLY 100%

tudor says(8:15 PM): me too

mountainman says(8:16 PM): its a no brainer... no gits my dinars without payin me a profit... lol

Med says(8:16 PM): RIGHT

mountainman says(8:16 PM): sorry head cold

Med says(8:16 PM): NOW THE WHEELS ARE MOVING NP I DONT KNOW HOW FAST BUT IT APPEARS THAT IT IS FINALLY GOING TO HAPPEN

DeKaf says(8:16 PM): ok

TataTime says(8:16 PM): I am thinking of all the passionate arguments I have had about the impossibility of a LOP.

tudor says(8:17 PM): all we can do is hope for the best

mountainman says(8:17 PM): Time has always been on our side

Med says(8:17 PM): I HAVE ALWAYS THOUGH SAID THE IRAQI PEOPLE WILL NOT BENEFIT TWICE YOU CANT SELL IT AND MAKE A PROFIT

TataTime says(8:17 PM): yes you have

Med says(8:17 PM): WHICH CBI DID

tudor says(8:17 PM): Med, as always, you tell us point blank, and I for one appriciate your honesty

Med says(8:17 PM): AND YOU USED IT I WAS CONCERNED VERY AND I WANTED AN ANSWER AND DT GOT BACK TO ME ASAP WHATEVER HAPPENS NONE OF US HAVE CONTROL OVER IT NOW ALSO

tudor says(8:18 PM): no we dont

thepainman says(8:18 PM): if it lops we will still get back pretty close to what we have in it unless i have lost my mind

Med says(8:18 PM): YES PM YOUR RIGHT I WILL THOUGH BE SO DISAPPOINTED NOT FOR MYSELF

thepainman says(8:19 PM): im ok with that, made some good friends

Med says(8:19 PM): YES THANKS

thepainman says(8:19 PM): enjoyed the ride

Med says(8:19 PM): CUZ TO ME WHAT I HAVE GAINED HER NO AMOUNT OF MONEY CAN REPLACE IT

thepainman says(8:19 PM): nope

Polarbear says(8:19 PM): nope

tudor says(8:19 PM): God gave us all a blessing being on this site

auggie says(8:19 PM): hi med, does iraq even fit the model to even be allowed to LOP

Med says(8:20 PM): YES AUGGIE

Bluegoose says(8:20 PM): I am ready for the "ride" to be over with...one way or another!

otis white says(8:20 PM): I will never turn mind in on a lop

Med says(8:20 PM): IF THEY DIDNT IT WOULD BANKRUPT THE COUNTRY OTIS I DONT BLAME YOU

thepainman says(8:20 PM): and I want to say that no matter what happens, thanks to all who have given tirelessly of their tim here. you med mm17 PB and so many others i will never forget

Med says(8:20 PM): TY PM APPRECIATE THE KIND WORDS

okie35 says(8:20 PM): Med thanks a million for the truth, you are at your best with all of us, Thanks again
.
Med says(8:20 PM): YW

tudor says(8:21 PM): I agree painman

Med says(8:21 PM): I KNOW THIS LEAVES US

thepainman says(8:21 PM): hey and it aint over yet

Med says(8:21 PM): HANGING A BIT

Bluegoose says(8:21 PM): You're always so straight up with us, Med! Thanks!

thepainman says(8:21 PM): we been hangin for yrs lol

Med says(8:21 PM): FOR SURE

okie35 says(8:21 PM): Tudor ty ty ty for the call

tudor says(8:21 PM): wont this tick off the countries that hold dinar?

Med says(8:21 PM): YES THAT IS ANOTHER POINT THAT WAS BROUGHT UP WHEN I DISCUSSED IT WITH THE REP FROM DT THAT WAS HIS FEELING ALSO YOU KNOW THAT WRIST BAND WWJD WE ARE NOW WEARING WWSD

tudor says(8:23 PM): ?

Med says(8:23 PM): YES

otis white says(8:23 PM): i have lived with out it and still can

thepainman says(8:23 PM): shabibi? lol

tudor says(8:23 PM): what does that stand for

Med says(8:23 PM): YES PM

auggie says(8:23 PM): from what was discussed ealier, Shabibi was planning to LOP, so that appears to be the course they will take then i would imagine

Med says(8:23 PM): WHAT WOULD SHABIBI DO

tudor says(8:23 PM): hahahaha thanks duh

Polarbear says(8:23 PM): LOL

thepainman says(8:23 PM): woohooo i was right yay me

Med says(8:23 PM): BUT AUGGIE WE ALL PRETTY MUCH KNEW INTERNALLY YES

auggie says(8:23 PM): correct

Med says(8:23 PM): BUT ONE POINT THAT WAS BROUGHT UP TO ME IS THE RISK INVOLVED BY SCREWING OVER ALL THOSE COUNTRIES WHO HOLD IT

tudor says(8:24 PM): it cant be good for Iraq

Med says(8:24 PM): NO IT WOULD IN MY OPINION

big says(8:24 PM): Future trade, loans, etc

Med says(8:24 PM): BE A PAYBACK YES BIG IT COMES DOWN TO COMMON SENSE HERE

auggie says(8:25 PM): when did iraq ever concern themselves with what others thought as well as what htere own people thought

Med says(8:25 PM): I KNOW AUGGIE BUT

mountainman says(8:25 PM): now now a desert rock has more common sense than the Iraqi govt

Med says(8:26 PM): AINT THAT THE TRUTH

dallasgto says(8:26 PM): I believe they would be shunned by the rest of the countries supporting them now.

Med says(8:26 PM): ONE THING

thepainman says(8:26 PM): well they have walked away with billions so they have a little

pillsbury says(8:26 PM): just a thought if iraq does look like they would lop the dinar outside country what would keep the countries holding it flood the market

Med says(8:26 PM): YES AGREE DALLAS NOTHING PB AND THEY WOULD DESERVE IT

dallasgto says(8:27 PM): Yes they would!

auggie says(8:27 PM): reap what you sew

Med says(8:27 PM): YES

mountainman says(8:27 PM): the dinars value is only held up by the other countries being willing to hold it in their reserves

Med says(8:27 PM): NOW I AM ALSO TOLD THAT MANY OF THE POLITICIANS BOTH INSIDE AND INTERNATIONALLY HOLD DINARS AND ARE ALL CONCERNED THEY ARE GOING TO GET HOSED AND ARE ALSO LOOKING FOR ANSWERS

auggie says(8:28 PM): oh that would be sweet, lol

Med says(8:28 PM): LOL OK GANG I HAVE DANIEL

auggie says(8:28 PM): could you imagine lol

Med says(8:29 PM): I NEED TO PUT HIM TO BED

thepainman says(8:29 PM): thanks med

Med says(8:29 PM): YW

tudor says(8:29 PM): Med, thank you again for being up front with us

Med says(8:29 PM): YW

Polarbear says(8:29 PM): Thanks buddy

SBM says(8:29 PM): thanks Med

ksdunlap says(8:29 PM): thank you for the truth Med .. I appreciate very much

auggie says(8:29 PM): well thanks med for your upfront honesty

okie35 says(8:29 PM): Thanks again Med

exorcist says(8:29 PM): (})

pillsbury says(8:29 PM): ty

thepainman says(8:29 PM): thanks for the call pb

Bluegoose says(8:29 PM): Super grandpa, Med!

Med says(8:29 PM): YW TY ALL

Polarbear says(8:29 PM): np pm

Med says(8:29 PM): TY BLUEGOOSE

chappy says(8:29 PM): thanks MED...

Diney says(8:29 PM): Thanks Med

Med says(8:29 PM): YW 

thepainman says(8:29 PM): hey and it aint over yet by any means

Polarbear says(8:29 PM): ty for the call "T"

Med says(8:29 PM): NO IT ISNT JUST A HEADS UP

thepainman says(8:30 PM): yep

Med says(8:30 PM): ON WHAT WE KNOW SO FAR

auggie says(8:30 PM): i came in mid way could someone post so i can get the full jist of things

tudor says(8:30 PM): yw Polarbear

Med says(8:30 PM): SURE IT WILL 


 



Maybe we should start doing some intensive IMF research.?????

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I think there's a good reason to believe they will not end up doing the zero deletion any time soon - which opens the the door for a currency RV/rapid appreciation before they might get around to the idea of it again.  Iraq has been pretty candid about the project timeline and costs for such a thing being too prohibitive.

 

But, even if they do go ahead with it - I don't think that's a reason to lose hope.  I have yet to find anything that says a currency cannot RV or significantly appreciate in addition to or following a LOP - so, however people feel about the idea of deleting zeros, I do not think there is a reason to believe if it happens that it necessitates the end of the road.

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I think there's a good reason to believe they will not end up doing the zero deletion any time soon - which opens the the door for a currency RV/rapid appreciation before they might get around to the idea of it again.  Iraq has been pretty candid about the project timeline and costs for such a thing being too prohibitive.

 

But, even if they do go ahead with it - I don't think that's a reason to lose hope.  I have yet to find anything that says a currency cannot RV or significantly appreciate in addition to or following a LOP - so, however people feel about the idea of deleting zeros, I do not think there is a reason to believe if it happens that it necessitates the end of the road.

An RV versus an RD and printing new money, which is less expensive for Iraq?

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An RV versus an RD and printing new money, which is less expensive for Iraq?

 

Two totally different kinds of costs involved.  A RV will cost Iraq plenty, but in ways that are very different from the other option.

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http://***********.webs.com/apps/forums/topics/show/8870574-parliamentary-finance-central-bank-starts-during-the-current-year-measures-the-deletion-of-zeros-from-currency?page=2

Please see link above which serves as supporting information why what Med says is NOT TRUE.

As people have said, with this investment, anything is possible..however, I believe Med has taken information from this discussion (and I have it on very good authority this is more than likely so), and has spinned it and released it. I can't prove anything that this Med person has done, but I feel very strongly that this is the case. 

As Kap has maintained, he believes our notes are as safe as they can be, based on the copious data we have.

Edited by TexasGranny
removed link to other site - AGAINST FORUM RULES
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Thanks, gainesm, I was thinking the same thing. I got on the horn with a friend of mine who holds dinar with the mentioned trader in the chat. He said he emailed them the chat to see if what they said was true and if they had spoken with Med.  I'll report back if this post sticks..lol.

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t bomb ---> you suppose med has put this spin on the dinar l-o-p to gain the upper hand in re-buying others dinar ? all his pals sell the dinar to med under thi l-o-p claim, and then the realized value hits ?  ------   everyone just needs to sit tight , read posts, rumors,chats, and the news , this is the best way to find out the true meaning of what has happened .........  still liking the 2 to 1 ratio



wow by the time i posted it . others are thinking the same

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Posted this myself earlier today and it was quickly deleted. Like less than 10 minutes.

Hey bud, just wanted to let you know that your post was not deleted but it was hidden. The reason that we did this is because it was merged with DT's thread (exact same post) and what happens when we merge 2 threads it takes the first thread that was posted and keeps it as the main thread and the second thread becomes like a post. Due to the fact that Meds post was so long we made the second copy hidden so that people would not have to scroll past the long post to make or read comments.

Hope this explains what happened!

Thanks for posting

Bump

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Apart from my not wanting dinar  to drop zeros.... some of the logic in this is kinda screwy.... (or did my brain leave the station).... 

 

So a bunch of guys got on the phone and agreed that somehow there is an international law or expectation that people who are not Iraqis, and who bought their currency, should be guaranteed a profit... because they bought their currency.

Can anyone cite some international treaty or agreement wherein if Iraq does not allow foreign investors to profit off Iraq, that Iraq would be in international trouble... or whatever is the cited consequence.  

Now if some goo roo said there was a guarantee of profit off Iraq for buying their currency.... well.... there's your target....

 

Some of my favorite lines today:

 

FIRST NO U.S. BANK IS GOING TO ASSIST IRAQ IN SCREWING OVER ANY AMERICAN THEY ARE NOT GOING TO USE THEIR MAN OR WOMAN POWER TO HAVE AMERICAN INVESTORS COME IN AND EXCHANGE THE OLD DENOMS FOR THE NEW ONES



What frickin punch are you drinking.... or it may be a planetary problem... specifically that you are on a different one than I. I dont; even know how to reply to anyone that believes the bank gives a rats butt about anyone screwing anyone....These days that appears to be the actual nature of banking. 

 

The sentence about exchanging the old dinar for new, is followed by this incredible gem 

 

mountainman says(8:15 PM): Also our banks would turn dinars into our Treasury and would not even have any of the new dinars, I can't see our banks ordering any of the new dinars

 

Med says(8:15 PM): YES I AGREE TOTALLY 100%




And this is good news..............why?!?!?!?!

 

For those holding dinar, who want to retain dinar currency in anticipation of an increase over the next decade....... too bad so sad?.. or, 

 

You have old denoms that are now declared worthless as they have been replaced by new currency........oh well?...or, 

 

You can't get new denoms in this country so will have to take whatever crummy rate the bank gives you as they are pulling your seat on the ride, with the new denoms.....or, 

 

Did they somehow think that if US banks refuse to participate in protecting Americans investor who were guaranteed to profit off them,.... it will somehow strike fear in the hearts of Iraq, and they will RV like they were supposed to????

 

And personally, I hope Shabs stays wherever he is, and can't at this juncture see him returning to Iraq....

:peace: 



PS

I don't know the origination of the actual conversation nor have I seen the primary source..... but I'm almost wondering if someone didn't read the posting dates on a topic they digging through and inadvertently dug up an  old conversation from years past, and posted it as new..... 

 

We've definitely seen that happen  :D 

Edited by Rayzur
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Jaygo , obviously you are not a certified guru.

thats good!! Don't want to be a guru.. Just bringing info over.

Hey bud, just wanted to let you know that your post was not deleted but it was hidden. The reason that we did this is because it was merged with DT's thread (exact same post) and what happens when we merge 2 threads it takes the first thread that was posted and keeps it as the main thread and the second thread becomes like a post. Due to the fact that Meds post was so long we made the second copy hidden so that people would not have to scroll past the long post to make or read comments.

Hope this explains what happened!

Thanks for posting

Bump

Thanks for the explanation Bumper! Just thought it was interesting and others might like to see it.. Obviously someone beat me to it.
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there is no ways Med is correct. All though well thought out and written how in the world does Iraq turn their back on all the countries that hold dinar and will do business with Iraq in the future.

In my opinion, they be cutting off their own nose.

My 2 cents

Go RV

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Iraq isn't screwing anybody over if they re-denominate.  They have been very up front with their plans to do that for the last two years.  They have also stated that their currency is for in country use, and they are not obligated to honor them otherwise.  If people allow greed to cause them to ignore what the CBI has said it's their own fault.  If people bought the currencies of Nigeria, Romania, Turkey, Zimbabwe ... etc. thinking that they would get rich and ended up losing money from a re-denomination should those countries be blamed for the ignorance of the speculators?  Why should Iraq be any different? 

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Iraq isn't screwing anybody over if they re-denominate.  They have been very up front with their plans to do that for the last two years.  They have also stated that their currency is for in country use, and they are not obligated to honor them otherwise.  If people allow greed to cause them to ignore what the CBI has said it's their own fault.  If people bought the currencies of Nigeria, Romania, Turkey, Zimbabwe ... etc. thinking that they would get rich and ended up losing money from a re-denomination should those countries be blamed for the ignorance of the speculators?  Why should Iraq be any different? 

 

What about themselves??? What about the money they're losing???

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Iraq isn't screwing anybody over if they re-denominate.  They have been very up front with their plans to do that for the last two years.  They have also stated that their currency is for in country use, and they are not obligated to honor them otherwise.  If people allow greed to cause them to ignore what the CBI has said it's their own fault.  If people bought the currencies of Nigeria, Romania, Turkey, Zimbabwe ... etc. thinking that they would get rich and ended up losing money from a re-denomination should those countries be blamed for the ignorance of the speculators?  Why should Iraq be any different?

Damn you what about my car payment and that child support stuff......they owe us an rv. We all got bills to pay
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