davidphx Posted December 2, 2010 Report Share Posted December 2, 2010 Scooter: I just started doing some digging last night Scooter: the GAO stuff is good stuff Scooter: but I found a very interesting peice at BIS today Scooter: big doc though Scooter: hmmmmm — which one — I got some good stuff from Goldman Sachs too Scooter: did you know Scooter: that Goldman Sachs made two very interesting moves recently Scooter: and does everybody know who Goldman Sachs is Scooter: They happen to be the people that sell The FED Scooter: the US Bonds for the Treasury Scooter: the ever ending cycle of debt Scooter: anyways Scooter: Guess what they just purchased Scooter: yeppppper Scooter: alot of IQD tenmillion: ohhhh Scooter: they also just became a large clearing house Scooter: also Scooter: I took a look at the recent Treasury circulation Scooter: According to the Treasury — they don’t list individual countries Scooter: but the treasury only list YEN GBP, and Euro Scooter: but for the others Scooter: it’s in one pile Scooter: and they have approximately 5 Billion of some other currency Scooter: in IQD terms Scooter: if that were the case for the formulation Scooter: it would be close to 6.5 Trillion just off the top of my head Scooter: so Scooter: the GAO report was very very interesting Scooter: because they spotted some minor discrepancies with Iraq’s money Scooter: in fact Scooter: they prettyh much told the State department Scooter: treasury Scooter: dod Scooter: imf Scooter: and world bank to take a hike IITB: Unami Scooter: and released the report to congress Scooter: Unami — Indeed IITB: spot on Scooter: it seems there’s several billions of dolloars missing from Scooter: 2006 drainage funds Scooter: not accounted for Scooter: now why is this important Scooter: because of two reasons Scooter: one Scooter: Security and the cost of it Scooter: and two Scooter: where the HeXX did it go Scooter: lol kaperoni: scooter!!!!!!!!!! IITB: M1 and M2 scoot … brilliant synopsys kaperoni: Scooter: Iraq is supposed to be completely transparent Scooter: and they can’t find Billions of dollars Scooter: hahahahahh Scooter: toooo funny Scooter: Secondly Scooter: I saw this one Scooter: and thought it was hilarious Scooter: Iraq is broke and that’s why the IMF isn’t loaning them money Scooter: Way toooo funny Scooter: think about this for a second Scooter: everybody says they have a budget deficit Scooter: Do they Scooter: really Scooter: if they used the rate in REAL terms Scooter: no way Scooter: remember they’ve haven’t deployed all the instruments and have remained using NOMINAL terms Scooter: so Randndad has joined. Scooter: just a couple thoughts — Scooter: scooter diatribe complete 8 Link to comment Share on other sites More sharing options...
Moe485 Posted December 2, 2010 Report Share Posted December 2, 2010 very interesting thanks for the info... im finding as much as i hope for an rv, i love to read the politics behind all of this, way to interesting Link to comment Share on other sites More sharing options...
Barboza Posted December 2, 2010 Report Share Posted December 2, 2010 (edited) Thanks, davidphx, for posting Scooter's chat for all of us! This was your first posting job, and it has a very meaningful content. Thanks, Scooter, for sharing your findings, and for helping us see the finishing line much closer. We should prepare our minds, hearst and sousl for the upcoming blessings. I indeed pray for wisdom! Go RV! - Barboza Edited December 2, 2010 by Barboza 6 Link to comment Share on other sites More sharing options...
Silhouette Posted December 2, 2010 Report Share Posted December 2, 2010 WOW! Thanks for the post... Link to comment Share on other sites More sharing options...
KCT Posted December 2, 2010 Report Share Posted December 2, 2010 Thanks for sharing! I am always glad to be able to catch up on Scooter's latest wisdom! 1 1 Link to comment Share on other sites More sharing options...
robo5288 Posted December 2, 2010 Report Share Posted December 2, 2010 Great Post; Scooter has always had a 6th sense when it comes to finding information that pertains to this investment. The guy just knows what to look for. And he doesn't "hype" anything. He's not selling dinar. Like a good trial lawyer, he builds his case. Gotta love the way he puts this stuff together. 5 Link to comment Share on other sites More sharing options...
bluejay Posted December 2, 2010 Report Share Posted December 2, 2010 Is this the Regular Scooter????? I thought he was moving on?????? How does a Newbie make this post....... something is real screwie..... Other than that Great post........ Link to comment Share on other sites More sharing options...
tim5400 Posted December 2, 2010 Report Share Posted December 2, 2010 Im reading this at 6:30 AM with no coffeee in me....is this good news ..please tell me...I hope it is 1 Link to comment Share on other sites More sharing options...
robo5288 Posted December 2, 2010 Report Share Posted December 2, 2010 Great Post; Thanx for the info. Scooter has it goin on as always. Knows where to look for all the "goodies". Link to comment Share on other sites More sharing options...
Drez Posted December 2, 2010 Report Share Posted December 2, 2010 Great post, Link to comment Share on other sites More sharing options...
Silverdinar Posted December 2, 2010 Report Share Posted December 2, 2010 what does all this mean, scooter? Is the RV volcano about to blow? I think so. Get ready people. Yahoooooooooo!!!! Link to comment Share on other sites More sharing options...
mark_mich266 Posted December 2, 2010 Report Share Posted December 2, 2010 Moe, great job!! Thanks for posting Scooter's chat! Scooter: great research as always! Link to comment Share on other sites More sharing options...
VIZIOIRAQI Posted December 2, 2010 Report Share Posted December 2, 2010 Moe, great job!! Thanks for posting Scooter's chat! Scooter: great research as always! lol it wasn't moe it was david , and thanks for the post bud! Link to comment Share on other sites More sharing options...
Who_Dat_Gurl Posted December 2, 2010 Report Share Posted December 2, 2010 (edited) Scooter: I just started doing some digging last night Scooter: the GAO stuff is good stuff Scooter: but I found a very interesting peice at BIS today Scooter: big doc though Scooter: hmmmmm — which one — I got some good stuff from Goldman Sachs too Scooter: did you know Scooter: that Goldman Sachs made two very interesting moves recently Scooter: and does everybody know who Goldman Sachs is Scooter: They happen to be the people that sell The FED Scooter: the US Bonds for the Treasury Scooter: the ever ending cycle of debt Scooter: anyways Scooter: Guess what they just purchased Scooter: yeppppper Scooter: alot of IQD tenmillion: ohhhh Scooter: they also just became a large clearing house Scooter: also Scooter: I took a look at the recent Treasury circulation Scooter: According to the Treasury — they don’t list individual countries Scooter: but the treasury only list YEN GBP, and Euro Scooter: but for the others Scooter: it’s in one pile Scooter: and they have approximately 5 Billion of some other currency Scooter: in IQD terms Scooter: if that were the case for the formulation Scooter: it would be close to 6.5 Trillion just off the top of my head Scooter: so Scooter: the GAO report was very very interesting Scooter: because they spotted some minor discrepancies with Iraq’s money Scooter: in fact Scooter: they prettyh much told the State department Scooter: treasury Scooter: dod Scooter: imf Scooter: and world bank to take a hike IITB: Unami Scooter: and released the report to congress Scooter: Unami — Indeed IITB: spot on Scooter: it seems there’s several billions of dolloars missing from Scooter: 2006 drainage funds Scooter: not accounted for Scooter: now why is this important Scooter: because of two reasons Scooter: one Scooter: Security and the cost of it Scooter: and two Scooter: where the HeXX did it go Scooter: lol kaperoni: scooter!!!!!!!!!! IITB: M1 and M2 scoot … brilliant synopsys kaperoni: Scooter: Iraq is supposed to be completely transparent Scooter: and they can’t find Billions of dollars Scooter: hahahahahh Scooter: toooo funny Scooter: Secondly Scooter: I saw this one Scooter: and thought it was hilarious Scooter: Iraq is broke and that’s why the IMF isn’t loaning them money Scooter: Way toooo funny Scooter: think about this for a second Scooter: everybody says they have a budget deficit Scooter: Do they Scooter: really Scooter: if they used the rate in REAL terms Scooter: no way Scooter: remember they’ve haven’t deployed all the instruments and have remained using NOMINAL terms Scooter: so Randndad has joined. Scooter: just a couple thoughts — Scooter: scooter diatribe complete I want to understand this correctly. So Scooter, you are not stating here that they own IQD for sure right? Just a speculative guess or does you know for sure that GS purchased all of this IQD? Remember, several months back you and some others were stating that the US TREAS owned a lot of IQD, is this adding to what they already own supposedly? I write supposedly, because I have yet to find that information. Since the the Treasury does not list IQD as a currency, but just in a "pile" listed as "other" currencies, which you are correct, because I have seen that myself, how do you know for sure IQD is the "other" currency? Did you find specifics about that? Can you please provide info where we can look at that? Also, would you happen to have an idea or know when the Treasury will finally list IQD as a currency along with the others? If anyone else has these answers, please share, I am learning and want to read as well. I am obviously not looking in the correct places. I have been to the Goldman Sachs pages, NYFED site and cannot find anything obtaining this info. TY Edited December 2, 2010 by Who_Dat_Gurl 2 Link to comment Share on other sites More sharing options...
robo5288 Posted December 2, 2010 Report Share Posted December 2, 2010 I want to understand this correctly. So Scooter, you are not stating here that they own IQD for sure right? Just a speculative guess or does you know for sure that GS purchased all of this IQD? Remember, several months back you and some others were stating that the US TREAS owned a lot of IQD, is this adding to what they already own supposedly? I write supposedly, because I have yet to find that information. Since the the Treasury does not list IQD as a currency, but just in a "pile" listed as "other" currencies, which you are correct, because I have seen that myself, how do you know for sure IQD is the "other" currency? Did you find specifics about that? Can you please provide info where we can look at that? Also, would you happen to have an idea or know when the Treasury will finally list IQD as a currency along with the others? If anyone else has these answers, please share, I am learning and want to read as well. I am obviously not looking in the correct places. I have been to the Goldman Sachs pages, NYFED site and cannot find anything obtaining this info. TY Sorry: Impossible to find factual material to support this. Couple of us in trading or banking have contacts that take us into Goldman Sachs. However, my contact there would not give me an answer to that question. I believe he knows the answer; he's just not telling me. 1 Link to comment Share on other sites More sharing options...
Who_Dat_Gurl Posted December 2, 2010 Report Share Posted December 2, 2010 Sorry: Impossible to find factual material to support this. Couple of us in trading or banking have contacts that take us into Goldman Sachs. However, my contact there would not give me an answer to that question. I believe he knows the answer; he's just not telling me. Hmmm, ok, so I wonder why and how people that are not even dealing with actual trading or in the banking systems get their info? So, why would Iraq information so secretive? Why would the public not be able to know this info I wonder? We hear about China and Japan and Euro, ect. But why is the Iraqi Dinar info. never seems to be found in public docs or rarely in news articles. What is the big top secret? I thank you for your reply robo. You have a very ethical, high moral contact. He obviously stands strong with his job and the confidentiality of his position. Link to comment Share on other sites More sharing options...
greebs Posted December 2, 2010 Report Share Posted December 2, 2010 How would scooter get this information, if even a person from Goldman Sachs itself won't give out information?. Something smells rotten in Denmark. 2 1 Link to comment Share on other sites More sharing options...
mrref Posted December 2, 2010 Report Share Posted December 2, 2010 Thanks, davidphx, for posting Scooter's chat for all of us! This was your first posting job, and it has a very meaningful content. Thanks, Scooter, for sharing your findings, and for helping us see the finishing line much closer. We should prepare our minds, hearst and sousl for the upcoming blessings. I indeed pray for wisdom! Go RV! - Barboza [/quot I'M SORRY FORGIVE ME FOR STUPID BUT, WHO OR WHAT IS GAO????? Link to comment Share on other sites More sharing options...
robo5288 Posted December 2, 2010 Report Share Posted December 2, 2010 How would scooter get this information, if even a person from Goldman Sachs itself won't give out information?. Something smells rotten in Denmark. Sorry: I only speak to one individual at Sachs. They employee many; so it is not so far fetched that someone else would have a contact inside Sachs who has disclosed some info regarding a dinar purchase. Link to comment Share on other sites More sharing options...
urbanfarmer Posted December 2, 2010 Report Share Posted December 2, 2010 MrRef: IMO GAO stands for Government Against Organization. (general accounting office?) Link to comment Share on other sites More sharing options...
Boscosmom Posted December 2, 2010 Report Share Posted December 2, 2010 Government Accounting Office??? Link to comment Share on other sites More sharing options...
Traconesu02 Posted December 2, 2010 Report Share Posted December 2, 2010 Thanks for the post... Link to comment Share on other sites More sharing options...
Pegleg Posted December 2, 2010 Report Share Posted December 2, 2010 Davidphx thank you for posting Scooter's chat Link to comment Share on other sites More sharing options...
WHATTHE Posted December 3, 2010 Report Share Posted December 3, 2010 Government Accounting Office??? yes... Link to comment Share on other sites More sharing options...
lvbodyworker Posted December 3, 2010 Report Share Posted December 3, 2010 thanks davidphx for the post. always enjoy scooters info. Link to comment Share on other sites More sharing options...
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