Med post from another site

[Marquess]

Still trying to keep track of all the people and who is believable and who is not.

Med chat 12/10/2010 12:40pm pst

Med

I AM AMAZED

THAT ANYONE IS COMPLAINING OR WHINING OR HAS ONE NEGATIVE THOUGHT

FIRST OFF

THERE IS NO ABSOLUTE DATE

NONE

NEVER

EVER

NOTTA

NO WAY

WHERE HAVE YOU ALL BEEN THE LAST 7 YEARS

HAS THERE EVER BEEN ONE DATE

EVER FOLLOWED ON TIME

NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

HELL IF I AM IN THE SAME MONHT

I WOULD BE HAPPY

THE ONLY REASON ANY DEADLINE RIGHT NOW IS TRYING TO BE SETTLED

IS BECAUSE OF WEDNESDAY THE 15TH

NOW ACCORDING TO THE LATEST INFORMATION

FACTUAL

MALIKI WANTS TO BRING THIS TO A VOTE ON THE 15TH

AND IT PROBABLY WOULD HAVE HAPPENED YESTERDAY

BUT

YES HE HAS TILL THE 25TH OF DECEMBER

AND NO EXTENSIONS

IT IS A DO OR DIE FOR HIM

BUT I DO THINK IT WILL BE DONE NEXT WEEK

AND I TALKED TO LAN ALLOT ABOUT ALL THIS THIS MORNING

NOW LAN IS BACK IN SCHOOL

FINISHING HIS PHD IN MACRO ECONOMICS

AND HE WAS SO PISSED

CUZ HIS FAMILY WHO BELONGS TO XXX

WERE TORTURING HIM

WITH THE FOOLISH STUFF ABOUT AN RI

AND $3 PLUS RATES AND COMPARING TO KUWAIT

AND KUWAIT WAS $7

AT ONE TIME

BLAH BLAH BLAH

OK I AM GOING TO GIVE OUT SOME OF HIS PROFESSIONAL ADVICE

AND HIS OPINION

AS A REAL ECONOMIST

WHO ACTUALLY GRADUATED FROM A REAL SCHOOL

NOT THE NEWSPAPER ECONOMISTS WHO ARE TOUTING THIS REDICULOUS STUFF

HERE IS HIS THOUGHTS FIRST ON A REVALUATION THIS MONTH

HE SAID THE WORST HE SEES IT THE FIRST WEEK OF JANUARY

BUT HE FEELS THAT IT IS STILL A 2010 RV

NOT RI

HE SAID IT IS IMPOSSIBLE TO RI THE DINAR

HE SAID THAT THE REASON THE KWD WAS ALLOWED TO RI

WAS IT NEVER LOST IT’S VALUE

EVER

BUT IT WAS THE SPECIAL CIRCUMSTANCES

OF SADDAM STEALING THE PLATES THAT KUWAIT USED FOR THEIR MONEY

SO THEY HAD TO HAVE SEVERAL NEW REISSUES OF THE CURRENCY

AND IT WAS THE PEOPLE WHO THOUGHT THE KWD WAS OF NO VALUE

THAT WERE DUMPING IT IN THE COUNTRY

FOR NEXT TO NOTHING

THEY DIDN’T HAVE THESE AUCTIONS LIKE IRAQ DID

NOT TO THAT EXTENT

AND THAT IS WHY

NO TAXES HAD TO BE PAID ON THE KWD

WHEN IT WAS EXCHANGED

AN RI

DOES NOT REQUIRE THAT

BUT A REVALUATION DOES

NOT ONE PERSON PAID ONE DIME IN TAX ON THE KWD

WHEN IT RI’D

NOW LOOK AT WHAT HAS BEEN GOING ON

ON THE 7TH SESSION

WITH ALL THAT IS NEEDED TO BE DONE

I MEAN THEY NEEDED TO RESOLVE THE ISSUES WITH THE KURDDS

WITH ALLAWI

THE CENSUS

WHAT DID THEY DO

THEY BROUGHT IN THE GOVERNOR OF THE CENTRAL BANK AND THE ADVISOR TO THE CENTRAL BANK

TO FIND OUT ABOUT THE REVALUATION….OR REMOVAL OF ZERO’S FROM THE NOMINAL VALUE

I MEAN DOES SOMEONE NEED TO BOP YOU IN THE HEAD WITH A BAT

TO KNOW THE IMPACT OF THIS

ALSO

CBI HAS CHANGED THE WAY THEY SHOW THE IQD

NOW HERE IS ANOTHER ERROR THAT KTF IS EXPLAINING

ON THE CBI SIGHT

WHERE THE VALUES OF THE IQD AGAINST OTHER CURRENCIES ARE

IT IS IN IQD

NOT USD

THAT IS WHY IT IS 1170.00

THAT MEANS ONE THOUSAND ONE HUNDRED SEVENTY DINAR TO ON US DOLLAR

NOW IF YOU MOVE THE DECIMAL 3 SPOTS

IT THEN BECOMES 1.170

THAT IS NOT ONE DOLLAR AND SEVENTEEN CENTS

IT IS ONE POINT ONE SEVEN DINAR TO ONE USD

WHICH IS

$.86

NOW FOR IT TO BE OVER 1 USD

THERE CAN’T BE ANY NUMERALS TO THE LEFT OF THE DECIMAL

IT HAS TO BE .200 OR ANOTHER NUMBER

LOWER

NOW THE POSSIBILITY OF AN RV IS EXTREMELY GREAT RIGHT NOW THIS MONTH

AND THE NEXT 120 HRS

ARE EXTREMELY IMPORTANT

TO MAKE THIS HAPPEN

I CAN TELL YOU THIS

SOME VERY IMPORTANT PEOPLE

EXPECT AN RV THIS MONTH

THAT IS ALL I CAN TELL YOU ABOUT THIS

OH

DID YOU KNOW

THAT THE #2 MAN AT THE IRAQ EMBASSY IN DC

IS SHABIBI’S NEPHEW

OK ALL DONE

I KNOW THAT PEOPLE LOOK AT OTHER SITES

WHICH IS OK

I CAN BE BORING

BUT

I AM NOT GOING TO LET YOU ALL BE MISLED

[whatsfordinar?]

thanks for post, go fast, next 120 hours....

[emgee]

Excellent! Thanks Marquess for the post.

This should have, however, been posted in the Chat Logs section.

[Sk 1962]

Thanks for the post,

I like what Med has to say, so far he has been spot on with all of his info and does not pull any punches.

But I still think coming in @ .86 is way on the low side!! Needless to say I won't turn that down

Go RRRRRRRRRRRRVVVVVVVVVVVVVVV in 2010!!!!!!!!!!!

[Marquess]

Excellent! Thanks Marquess for the post.

This should have, however, been posted in the Chat Logs section.

My bad. I guess Mods will move it if they need to.

[jte70]

Thanks for the post,

I like what Med has to say, so far he has been spot on with all of his info and does not pull any punches.

But I still think coming in @ .86 is way on the low side!! Needless to say I won't turn that down

Go RRRRRRRRRRRRVVVVVVVVVVVVVVV in 2010!!!!!!!!!!!

I won't sniff at it either. Maybe not cash it all in at that rate. I keep reading good things about oil deals between Iraq and Kuwait, Iraq and Shell. Could rise afterward if the pipeline stays intact.

[FishMan1969]

NOW HERE IS ANOTHER ERROR THAT KTF IS EXPLAINING

ON THE CBI SIGHT

WHERE THE VALUES OF THE IQD AGAINST OTHER CURRENCIES ARE

IT IS IN IQD

NOT USD

THAT IS WHY IT IS 1170.00

THAT MEANS ONE THOUSAND ONE HUNDRED SEVENTY DINAR TO ON US DOLLAR

NOW IF YOU MOVE THE DECIMAL 3 SPOTS

IT THEN BECOMES 1.170

THAT IS NOT ONE DOLLAR AND SEVENTEEN CENTS

IT IS ONE POINT ONE SEVEN DINAR TO ONE USD

WHICH IS

$.86

I brought it to the attention of KTF last week with the same sample math problem I posted on DV last week, to assist all their members in how to calculate this correctly and was promptly banned for 24 hours and the math example problem was removed immediately...... hmmmmmmmmm. Someone did not like FishMan1969 describing the proper calculation on this for some reason.......

Have not determined the exact reason for being banned by the admins of the KTF site over a math example. DV would never do that.

[muchodinaro]

I like Med. He is not overly hyped, but I totally disagree with the removal of the zeroes. When Iraq says they will be removing the zeroes, I believe ( my opinion ), it means taking the large notes out of circulation as they are being cashed in. I also believe as Frank says, $ 3.22 plus 20% for inflation which equals $ 3.86.

Edited December 11, 2010 by muchodinaro

[dirt diggler]

I like Med. He is not overly hyped, but I totally disagree with the removal of the zeroes. When Iraq says they will be removing the zeroes, I believe ( my opinion ), it means taking the large notes out of circulation as they are being cashed in. I also believe as Frank says, $ 3.22 plus 20% for inflation which equals $ 3.86.

Please explain what you mean by 20% inflation?

[wilecoyote]

I like Med. He is not overly hyped, but I totally disagree with the removal of the zeroes. When Iraq says they will be removing the zeroes, I believe ( my opinion ), it means taking the large notes out of circulation as they are being cashed in. I also believe as Frank says, $ 3.22 plus 20% for inflation which equals $ 3.86.

The CBI has stated in articles that they plan to remove 3 zeros from the NOMINAL rate (0.00086 minus 3 zeros = 0.86) and that they plan to remove the 3 zero denomination notes from circulation (25K, 10K, 5K, and 1K) THE CBI HAS STATED THIS IN ARTICLES. Those articles are posted here.

As far as $3.22 or anything in the $3 range, well, we'll just have to wait and NOT see that happen beore we have the opportunity to exchange. LOL.

Thanks for the post BTW.

[truckdriver]

thanks for the post

[bright]

thanks for the post....Medic is one of my favorites....but I am gun shy.......I know one year plane tickets were bought to the nearest cash in city..........but I can't judge I'm to lazy....I depend on all the gurus....and Medic is as good as it gets......just think would you trust Medic or the GET team!!!!!!!!!!!!!! I am very positive today, one of my non believer brothers called and asked me if I still owned dinars......it seems his penny stock broker told him some positive things about our investment......

[DmsC]

Thanks for the post,

I like what Med has to say, so far he has been spot on with all of his info and does not pull any punches.

But I still think coming in @ .86 is way on the low side!! Needless to say I won't turn that down

Go RRRRRRRRRRRRVVVVVVVVVVVVVVV in 2010!!!!!!!!!!!

To take a line from the movie Office Space the Character of Lumberg. " yeeeeah I'm gonna have to sort of dis agree with you on that one. "

Med has never been "spot on" I can show you chats from last year where he said it was on a 72 hour RV schedule then oops no then early this year we will have it right after the elections no wait right before. Med has some good guesses but has never been right and for that matter no "guru" has ever been right. They do give us some thing to think about, and if he is right this time I'm all over eating a big ol piece of crow pie.