Nighthk11 Chat: DV (Private Site) 3/29/11 6pm

[nointel]

Nighthk11 Chat: DV (Private Site) 3/29/11 6pm

[Nighthk11] Fox News a few days ago had a blip indicating the Iraqi Gov’t would be bankrupt unless they produced an international currency by 8 April

[Nighthk11] currently on the ground inside Iraq are diplomats from the EU and ambassadors placeing the EU-s laws concerning Trade agreements and such to Iraq

[Nighthk11] The US gov’t is set to shut down on 9 April- Technically this means NO MONEY

[Nighthk11] Iraq’s Dinar is backed by the US dollar currently at 53 billion in reserves

[Nighthk11] Does it seem fair to believe that shoukld the US gov’t shut down that Iraq would be bankrupt if their currency is backed by the dollar?

[Nighthk11] An inaugural is set for acceptance into the WTO on 8 April (Must have a fulkly tradeable currency to join that club)

[Nighthk11] They are emplaceing Forex’s into all provinces in Iraq as of now

[Nighthk11] The turkish ambassador is currently in Iraq seeking to INVEST

[Nighthk11] Iraq has been invited to join the GCC as full members and this process has been fast tracked (Must have a tradeable currency)

[Nighthk11] Inflation is rising now- all other options to contain this has been used except RV

[Nighthk11] everything is now in plain sight and comming together for RV

[Nighthk11] several US treasuary agents involved in the RV have departed Iraq yesterday for the US

[Nighthk11] All Banks are now tied in electronically to the new banking system within CBI

[Nighthk11] Visa cards have been distributed to first – parliment members- business owners- and now are set to be released to the people (who have jobs)- Must have a tradeable currency to be used globally

[Nighthk11] IMF documents clearly state the plan and who is driving the train -IMF-WTO-WB- new SDR’s are on the horizon (Special Drawing Rights)

[Nighthk11] The base rate of the dinar is as I have been informed currently at $ 3.20-$ 3.22

[Nighthk11] I am now of the opinion that 31 March thru 7 April is a window of opportunity for what we want to see with the dinar

[Nighthk11] the final security minister issue is set to be done this week

[Nighthk11] so all I can see at this moment is that issues are falling into place- I am joined in this opinion by Breitling and others- It is about to really happen

[Nighthk11] That is all I have at the moment- all done folks- many thanks

[Lady of the Lake] Nighthk11 when you say base rate? does that mean it can go more? or ?

[Nighthk11] Yes lady- IMF has approved the base rate of the dinar at the insistance of Iraqi leaders at that rate- It can and IMO will come out higher

[jlchlr] could you explain the ramifications if the US govt shuts down? Can Iraq peg to the Euro or what do you think would happen?

[Nighthk11] It was related to me that Kuwait has no problems with the Iqd being higher than theirs because of demographics ie: 3 million vs 30 million people- geographically , Iraq is 5 times larger than Kuwait- therefore more resources to support their requested value which is now higher than $ 3.10-$ 3.22

[radar64] Is Maliki going to be allowed to mess anymore things up, or is he just being allowed to function as a smoke screen?

[Nighthk11] Currently- each nation on this planet it tied to each other- does not matter how big or small- the United States has the largest economy in the world- technically what a “Shutdown” means is that they have not approved a budget for running the gov’t- it will still run as before- but there must be funding for government offices to provide services

[Nighthk11] Maliki is not an issue here anymore- that is smoke and mirrors- yes he is taking the heat- but look- when is the final security position stated as going to be filled- wed- thurs this week- just in time for end of first quarter of 2011

[idahoshorty] can you tell us what other currancies would be good to get , you said to have more then US dollars

[Nighthk11] Kuwaiti Dinar- Euro- Gold -Silver- Canadian Dollar- British Pound- Saudi Rial- Jordian Dollar- Baranian Dinar- US Dollars

[FITTER 1] OK, QUESTION SIR IF I MAY.

[radar64] Thanks for confirmation, kinda my thoughts, too, just always the question after so many shenanagans

[Nighthk11] Yes Fitter?

[FITTER 1] JUST BECUASE THE US GOVT SHUTS DOWN, THE GOI HAS 53 BILLION IN RESERVE

[FITTER 1] OUR MONEY IS STILL A WORTHY NOTE [FITTER 1] THERE FORE OUR SHUT DOWN SHOULD NIT EFFECT THE GOI’S FUNCTIONABILITY

[Nighthk11] The US dollar will not lose it’s standing as far as useability and value- the statement was technical by FOX NEWS- what they are saying in essence is that Iraq needs to stop strap hanging on our monet and put international value to their own

[FITTER 1] OK TY MAKES SENSE NOW

[Nighthk11] Fitter- What defines the value of a currency

[FITTER 1] THE VALUE OF THE GOVT FULL FAITH IN BACKING AND INFLATION, GDP ETC

[Astro Guy] The value of currency is determined by its selling and purchase price as a commodity.

[FITTER 1] OURS FLUCUATES DUE TO UNEMPLOYMENT, OUR HOUSING CRISIS, LACK OF NEW CONSTRUCTION WHICH IS ALL PART OF THE GDP

[Nighthk11] correct- our money is backed by our gov’t and the word of the people of the United States- so if a country is using our currency for reserves and our gov’t shuts down due to budget difficulties technically all that money is now worthless- until the gov’t reactivates- Iraq’s dinar is backed by the dollar- it would appear that FOX NEWS is tired of them hanging onto us too

[FITTER 1] AGREED[FITTER 1] BUT JUST SO FOLKS KNOW THIS IS NOT A BANKRUPCTY ISSUE, ITS DUE TO LACK OF A NEW BUDGET, JUST SO NONE GETS CONFUSED

Nighthk11] Basic point here is that everyone is sick and tired of Iraq’s BS- it is now time with all the help they have been given to stand on their own- their currency going international is a strong indicator that they have arrived at that point

[FITTER 1] JUST LIKE IRAQ IS NOT QORKING OFF THERE NEW BUDGET

[Nighthk11] Hello Astro- Hope you are well

[Astro Guy] sorry my bad. didnt mean to interrupt two best minds.

[jlchlr] thanks night and fitter, that is more of the explanation I was looking for. Just didn’t ask the right question.

[Astro Guy] i m fine

[FITTER 1] Nighthk11 ,Astro Guy CAN YOU GUYS TELL US WHY THE GOI IS NOT WORKING OFF THE NEW BUDGET THAT HAS BEEN PASSED?

[radar64] Are you saying that because of the billions of USD invested in Iraqi and its currency that its effecting the value of our currency because it is worth nothing at

this point?

[Nighthk11] From what I have been able to see here- it looks like everything is comming together towards the target date they have set for the dinar

[Nighthk11] Fitter- who says they are not?

[FITTER 1] WELL NO SPENDING OF MAJOR PROJECTS ASUCH AS WATER AND ELECTRIC SO FAR, THATS A START RIGHT

[FITTER 1] THE VISA THING THOUGH IS HUGE, POINTS TO A END, BELIEVE IT OR NOT GUYS IT DOES

[Nighthk11] radar what I am saying is that the dinar is backed now at 53 billion in us dollar reserves- should the US gov’t not do something with our own budget such as extend the debt ceiling or get an influx of monies other than the dollar for reserve purposes to bolster the value without having to print more- then technically all monies used by other countries as far as reserve is null and voin until the us gov’t reactivates

[FITTER 1] VERY GOOD EXPLANATION Nighthk11

[radar64] Maybe I asked a vague question, Night, but that answers my question.

[Nighthk11] Fitter- You can have all the viable funds in the world- but if you do not have the skills and knowledge to use those funds- they sit dormant or are returned to the national treasuary

[Nighthk11] This is why they had such a l;arge surplus of dinar in those banks left over- because it was NOT USED- mainly because they did not know how

FITTER 1] DOUBLE SIDED QUESTION, I WOULD SAY THEY RETURN TO TREASURY EVENTALLY

[Nighthk11] At current- they have direct UN involvement in all provinces aside from the PRT’s (Provential Reconstruction teams from UN)

[FITTER 1] OK I SEE WHERE YOU WHERE GOING

[Nighthk11] What has been happining of late is Iraq is flooded with professionals who know how to use the monies allocated emplace the laws required for

international acceptance- and the ability to get this currency into the world stage- it is here now

[FITTER 1] WORKS FOR ME THANKS MY FRIEND FOR THE EDUCATION OF SOME THINGS I DIDNT KNOW, AGAIN TY

[Nighthk11] Given what has been stated about the US gov’t budget- the WTO inaugural- all the important people currently on the ground- Investment laws re-written to be more accepted to international investors- everything is in place- there will still be some minor issues but they will NOT IMPEDE the dinar showing up on the world stage

[idahoshorty] Night I hear all traders have to send Dinar that hasn’t sold back to the US treasury is this true and why

[Nighthk11] No one has a crystal ball to predict what has been done in secret- but given what we know of their actions- it gives us a somewhat clearer window as to just when we may expect this to happen- I believe we are looking at it

[Nighthk11] If true shorty- it is because all monies inside the borders of this nation are regulated by the US Treasuary- all monies and financial instruments

[idahoshorty] okay thank you

[Nighthk11] Also shorty- the dinar is not international- since it is about to emerge- Treasuary had to produce laws to regulate it’s use inside the US- Hence all the “New Requirements ” for dinar

[FITTER 1] JUST A NOTE SHORTY, DINAR TRADERICING IS VALID THRU TODAY ONLY, ACCORDING TO THERE WEB PAGE

[idahoshorty] wow okay

[FITTER 1] SAFE DINAR DIDNT HAVE A DATE OF VALIDATION ON IT

[Nighthk11] Folks IMO-IMO- I believe we may see the dinar hit world stage either by 31 March or sometime before the inaugural into the WTO and most certainly before the GOVT has to shut down on 9 April

[idahoshorty] Dinar banker is still selling

[angel42b] night they will not able to go into WTO without tradable currency right?

[Nighthk11] I have been told that on a number of instances- I believe it is true- why?- Of what value is it for you to join an organization of over 200 tradeing partners with a basically worthless currency that is only good inside your country?

[Nighthk11] Who is going to ship millions of dollars of their goods to you when your money cannot be converted or spent anywhere else? NO ONE

[shedco] Is there not someting from WTO that states that?

[Nighthk11] Yes there is- many have looked and NOT found it- this is an issue that if not found in print it is because it has been omitted- to telling a sign

[shedco] Is there any other country in WTO that has a currencey that is not traded on the E Change Market?

[Nighthk11] If we were told that Iraq was about to be inducted as full members into the WTO on 8 April- it was written that their currency would be international to join- today is 29 March- what do you think investors with money to spare would do?

[shedco] Is there any other country that does not have a currencey that is exchanged on the market?

[shedco] In the WTO

[Nighthk11] Shedco- I am aware of none at this moment- all are free tradeing partners with international currency- that is why Biden went to Russia several weeks ago to help russia get into the WTO

[shedco] Ok than if they are in we are in

[Nighthk11] The vote was taken on 25 March and they were accepted- why because the inceptance of the dinar to worrld stage is imminant- the official ceremony will be on 8 April by that date they must have money out

[Nighthk11] It is my understanding that they were specifically told to have this done by 31 march 2011 and they would not be allowed to begin the second quarter of

this year without their currency not being recognised

[Nighthk11] I think Shibibi is waiting for the very last piece to the GOI- to act- so far he has gotten everything he has asked for-

[Nighthk11] Does it not seem rather strange to everyone that they selected wed-thurs as the final date for the sec ministers?- it will be end of month march

[shedco] Well you have always seemed to make since to me. thanks

[Nighthk11] TY- I have always said watch what they are doing- IMO they have followed a roadmap which spells success for them- they have moved from “Observer Status” in both the GCC and WTO to full members- must have a tradeable currency for both

[idahoshorty] yes thank you again Night Great Chat

[Nighthk11] folks- I sincerely hope some of this helps because I can see in chat where some are worn out from “:Predictions” and worrying- things are tight for all of us but I admonish you all to hang tough- we are closer than at anytime before- thanks as always to all of you BBL

[angel42b] yes thank you Nighthk11 we love to hear from you

[tea] thank you so much for your time, nighthk11. you never fail to bring fresh insight to this investment.

[fritzidinar] Nighthk11 THANK YOU SIR

[dmitch] Thank you Nighthk11 for the chat!!!

[shiFT_yourworld]

thanks for the post.

sigh.

[jkg1713]

One of the most interesting posts I have read since investing. Thank you

[Merlin]

Thank You NIGHTHK11, Very long but a lot of good info to go over and that's what we are here for

I hope this is true with the other posts on DV its looking more and more like this thing is going to go Very Soon!!!

Take Care, Have Fun! and I'll see you on the Beach!!!

GO GO GO RV!!!!!! Merlin...

[Ateam]

The US gov’t is set to shut down on 9 April- Technically this means NO MONEY

Link to that info please, also link to info stating Iraqi Dinar has to go internation?

[TimS]

What bs about Iraq being able to support a higher rate than Kuwait because they have a larger population and more natural resources???? What does that have to do with the price of beans??? The most important piece of info that night leaves out is how much currency does each country have in play......Iraq has WAY more currency in circulation than Kuwait.......these guys are pitiful.

Wonder what excuse they will use when this doesn't happen in a week.....cause guarranteed, they'll have one and I'll bet it's a whopper!!!!!!!!!!

[whodat1]

I might be wrong, but I thought Vietnam was a member of the wto, and their currency is worth what? oh I remember "NOTHING"

[darthvonna]

Shutting down of the US government has to do with our budget as we have been on a continuing resolution since October. If they don't pass a budget or sign another continuing resolution many government agencies will be shut down/furloughed until the budget passes or certain critical workers will work without pay.

No link is needed it's public information and has been on the news, look it up.

[Legolas]

What bs about Iraq being able to support a higher rate than Kuwait because they have a larger population and more natural resources???? What does that have to do with the price of beans??? The most important piece of info that night leaves out is how much currency does each country have in play......Iraq has WAY more currency in circulation than Kuwait.......these guys are pitiful.

Wonder what excuse they will use when this doesn't happen in a week.....cause guarranteed, they'll have one and I'll bet it's a whopper!!!!!!!!!!

It's pretty unfair to slam TimS for stating what clearly is factual information. Nighthk11 virtually came out of nowhere roughly 6 months ago when he began posting on DS, and has been doing so almost daily since. While his posts come across as more intelligent and informative than many of the other gurus and rumor mongers, the simple truth is that if you read back through the archives of those 6 months, he has been just as wrong as any of the others. Unfortunately most people have a tendency to remember only what they want to remember, and believe only what they want to believe. Archives are maintained on these sites for a reason. Everyone should do their homework and review the history of claims made by these people before jumping on their bandwagons in support of nonsense. .

[skepticaldinar]

What bs about Iraq being able to support a higher rate than Kuwait because they have a larger population and more natural resources???? What does that have to do with the price of beans??? The most important piece of info that night leaves out is how much currency does each country have in play......Iraq has WAY more currency in circulation than Kuwait.......these guys are pitiful.

Wonder what excuse they will use when this doesn't happen in a week.....cause guarranteed, they'll have one and I'll bet it's a whopper!!!!!!!!!!

I gave you a +1 Tim. Can't believe you got negd for not saying what made people feel all happy inside! The actual currency in circulation is the key to just what the rate comes out at. Spouting off $3.22, $2.25,$5.16 or whatever means absolutely nothing. Make no mistake, the rate will be based on the actual amount of currency in circulation and there will be no lofty rate until some of the notes are reeled back in and they can actually support a higher RV. And you can't just say that anything is possible because some things are based on fact. I can go fishing tomorrow and say that I might catch a 10lb bass,but if there are 0 fish in the pond,that "anything is possible" dream just can't happen.

[Ore]

Good post.

Where do theses "Nighthk11 Chat: DV (Private Site)" chats take place? I haven't seen any member named "Nighthk11" here, and Im curious as to why it says "DV private site"... I guess my real question is, who is Nighthk11?

[Ateam]

Legolas - Respect bro, I like to read what you and TimS have to say and I totally agree. This guy is more than likely a pumper?

[Legolas]

Legolas - Respect bro, I like to read what you and TimS have to say and I totally agree. This guy is more than likely a pumper?

Thanks Ateam. To answer the previous question by Ore, "DV private site" is the original DV started by Medic back around April, 2009. It originally consisted of just over 100 members who essentially analyzed news articles and other available info. Dinar Speculator, "D.S." was started a few months after that as a more public site, but still restricted to a degree. Medic left D.V. in August of 2010 for reasons unknown to me, and concentrated his attention on D.S. Nighthk11 supposedly showed up on D.S. around October, 2010 and began his Dinar dissertations, none of which have been correct to date as far as I've seen. Since then, his chats have shown up on several sites from what I hear. He has talked about several bizarre conspiracy theories over time, but the most outlandish claim was a few months ago when he claimed that Maliki was finished, having been removed by a no confidence vote in Parliament, and that Allawi was taking over immediately. Obviously, neither that nor our RV ever occurred. He presents his information well, but like all of the others, it's never correct. Whether or not he's a paid pumper I have no way of knowing, but the results of his actions are unfortunately the same nevertheless.

Edited March 30, 2011 by Legolas

[Ore]

Thanks Legolas. Close to what I suspected.

[nointel]

Medic left D.V. in August of 2010 for reasons unknown to me, and concentrated his attention on D.S.

from what i heard and i think medic himself stated, he was "asked" to leave by the others. he called this HIS think tank site. more than likely they got tired of his BS and him trying to be the Big Dog and run the site. he thought he was the boss. those who have been members of his sites and have been humiliated, called out, threatened, and banned for not bowing down to the all mighty medic, or trying to disagree or question any of his info know what i am talking about... he thinks he knows it all and he is a power hungry egomaniac. it's medic's way or the highway.

[nir]

Bunch of BS!!! There was no mention on fox news that Iraq will go BK by april 8th if they don't have an intl currency. It is amazing how people would believe such a thing. Also like someone else said on here the US govt will probably shut down because of our budget has nothing to do with the dinar!! People wake up nightk is a pumper wether you like it or not she or he lie all the time and get a way with it I am sick of evil people taking advantage of naive people. As far as natural resources and people go that is another big fat lie what about Iran which has more natural resources than Iraq. Common how can people be so gullobale stop listining to these liers. Be well and stay real!