Popular Post Legolas Posted October 11, 2011 Popular Post Report Share Posted October 11, 2011 I think dhardage answered the question about as well as it can be, and I suspect that his astute reply applies to nearly all of the members of virtually every Dinar website. Those of us who jumped in several years ago did so at a time when there wasn't nearly as much "legitimate" and well documented information available as there is today. Most of us acted quickly, convinced by people whom we trusted that the Dinar revaluation was "imminent" - a word we've learned to hate. We were afraid that there wasn't sufficient time to do the research that logic should have dictated was prudent. Personally, I was fairly certain that the prospect of turning $1,000 into $3 MILLION Dollars overnight was a long shot far exceeding the odds of winning the lottery. But the people I was listening to were intelligent, experienced investors, and I figured that THEY must have done some extensive research before getting involved, and time to make a decision "appeared" to be very limited. As it turns out, their information was coming from the Dinar Websites - the gurus and pumpers who have successfully assisted in selling hundreds of billions, if not trillions of Dinars over the past 5+ years. Lesson learned. Needless to say, the RV never happened as we were promised more than 3 years ago. Nor has it happened virtually every month, week, and day since, despite thousands of posts from the same and new gurus and pumpers who have appeared on the scene. For the record, to those who are convinced that those of us who no longer believe in the prospect of becoming overnight millionaires are here with ulterior motives, I personally hold nearly 30 MILLION DINARS, all purchased within a very short period of time, when I became reasonably certain that I might be able to help a fairly large number of people whom I cared about were this long shot to come in. I knew it was very likely way too good to be true, but the risk vs. reward thought process won out. I was cinfident that I could afford to lose 40% of the investment if it came to that, and "I had a dream" - like most of us. I told absolutely no one about the investment. I figured that anyone who needed to know would benefit if and when it happened, and if it didn't, no one was going to think I was a complete idiot, or be mad at me for costing them 40% or more of their invested money. As it turns out, it appears that was a wise decision. I've told you the amount I invested only to demonstrate my sincerity in believing what I now do, and to refute the endless bashing of those who insist that we have no "skin" in this game. I would strongly recommend that you tell NO ONE of your investment, let alone the amount. A year or so after investing, it became very apparent that the gurus and pumpers were lying thru their teeth, to put it mildly. As I did more and more of my own research, it quickly became clear that the numbers weren't adding up to the possibility of a significant revaluation of the IQD. Unlike virtually every other country with a currency value closer to being on par with the U.S. Dollar, Iraq had at least 25-30 TRILLION Dinars in circulation when all others were in the BILLIONS. It was obvious that Iraq HAD to reduce those numbers from Trillions to Billions before a revaluation was possible. A $1 RV would immediately turn those 30 Trillion Dinars into $30 TRILLION DOLLARS - more money than likely currently exists in circulation worldwide. THEN the RD articles started appearing, and it became instantly clear how they could accomplish that feat. Simply remove three zeros from the currency, and the 25 TRILLION in circulation instantly becomes 25 BILLION, and they're back on a level playing field, with the ability to increase in value to the equivalent of $1 U.S. Dollar or even above if they desired. It made perfect sense - to everyone EXCEPT those who are so desperate to believe the pumpers and gurus........convinced that they will become multi-millionaires in return for their tiny $1,000 investment. Worse yet, many believe that $1 Million isn't enough.....they want $3 Million, or more. That from a war-torn third world country with very little electricity, water, education, or a functioning, legitimate government. Go RV! It will fix EVERYTHING.......Except it won't. There's no need to go into greater detail regarding the RD here - it's been "extremely" and repeatedly well explained by many here on this forum. Despite overwhelming financial statistics from the CBI, IMF and other sources, as well as hundreds of articles stating Iraq's intention to RD.....even specifically comparing the event to other countries who have done the same thing, the pumpers, gurus and diehard RV believers constantly bash those of us who have come to the conclusion that the RD of the IQD is the most likely scenario. Despite numerous requests from myself and others, those bashers and LOPster coining individuals virtually NEVER provide ANY legitimate evidence to support their insistence that the IQD will RV prior to re-denominating. They simply insist that it WILL. Nothing like pure faith to justify attacking logic and reason, right? Obviously, I more than most have reason to hope that I'm wrong. Even a revaluation to 10 CENTS would be incredible. I just can't find any real evidence to support that possibility. A small RV "might" be within the realm of possibility, but I sure wish SOMEBODY would present reputable evidence to demonstrate how and why it would happen. Somehow that evidence never comes. Those of us who no longer drink the pumper Kool Aid are still hopeful that they will simultaneously increase the value to at least the equivalent of $1 U.S. Dollar, and perhaps more. If it goes to $2-$3, some of us might even make a small profit. THAT is the reason we're still here.....to follow the news and watch for any signs of improvement within Iraq or clues to the timeframe from the CBI. Given what the dealers have charged over and above the current value of the IQD, (at least 20% to now as much as 40%) the increase would have to be fairly significant. But we can hope. But alas, little has happened so far to give us real hope that we are close to a final conclusion of this endless ride. Still no completed government; still no HCL; Still no Strategic Council (in fact Allawi may now have bailed); Still under Chapter 7 Sanctions; Still no settlement of the Kuwait files; and Still bombs exploding in the streets. Of course, we COULD ignore the real news and listen to Oakie and his dozens of Merry Men & Women, delusional and certain that the RV will occur tomorrow. By profession I'm an investigator. I can tell you with certainty that a large majority, if not all of the gurus and pumpers haven't been working tirelessly over the past 5 years out of the goodness of their hearts to bring us this "extremely valuable and top secret, highly reliable INTEL." There is always a motive, and nearly always some type of personal benefit - usually money. Someone bashed me a couple of days ago for "slandering" Oakie in another thread. That person clearly had no knowledge of the law. First of all, these pumpers are anonymous, (for obvious reasons) and as such have no standing under the law for protection of any kind. Second, these individuals "by choice" have become very public internet figures, and therefor, even if known, would have no expectation of protection. Third, "truth" is an absolute defense to charges of slander, and these websites are virtually overflowing with evidence that these people have lied repeatedly and often for a very lengthy period of time. A person can be wrong once or twice and have a reasonable expectation that people would believe it to be coincidence, but after dozens, hundreds, or even thousands of times, it's abundantly clear that they're well aware of their record of reliability. Fourth, after hundreds, and even thousands of lies, and/or errors, costing many people thousands of dollars, and in some cases much more, slander should be the LEAST of their worries. And finally, the written word would come under the definition of Libel, not Slander. Before bashing someone for stating the truth and attempting to protect innocent people from the likes of these internet predators, SOME of these people who repeatedly criticize those of us who have given a great deal of time and effort in an attempt to keep this long ride REAL should do some research before they shoot from the hip, lest their intelligence AND motives be questioned. I hope this has provided some perspective to those who question the WHY of the many of us who have unfortunately been forced to change our original opinions. Yet we continue to hope and read. With Iraq, it's very difficult to be absolutely certain of anything. 37 2 Link to comment Share on other sites More sharing options...
WorkerBee Posted October 11, 2011 Report Share Posted October 11, 2011 Thank you for the thoughtful post Legolas. All the news articles are subject to the reader's interpretation and all the supposed intel spewing from the gurus are just a circus side show. Uncertainty is the soup du jure and it's that little bit of hope that keeps me hangin' in there. Link to comment Share on other sites More sharing options...
dhardage Posted October 11, 2011 Report Share Posted October 11, 2011 Legolas, I always love reading your posts, and this one was brilliant to say the least! I appreciate you mentioning my "name" in your post. My only request would be that you change the first line to Her astute reply ! I applaud your willingness to "take the heat" from people who still refuse to see that what we want/thought would happen probably won't. Personally, I do not want to burst any bubbles, but I think hearing about ALL possible outcomes can help people make better informed decisions. I believe that there are some still looking for more cash to put into this, whether it be rent money, kids college fund, or whatever. Do I think it is my "job" to save these people? No, but perhaps they will now look at all of the information we have that says 1) there is probably no rush and 2) don't go too far out of your way for it. Thanks Legolas, for putting this out there! 2 Link to comment Share on other sites More sharing options...
pocono Posted October 11, 2011 Report Share Posted October 11, 2011 Gave you a +1 for a great realistic post.... Sadly,I suspect that in short order you'll be bashed trashed and tarred and feathered but only after getting the usual Bible quotes... 3 Link to comment Share on other sites More sharing options...
somewhereiniowa Posted October 11, 2011 Report Share Posted October 11, 2011 +1 from me also. Great post!! Well said!!! Link to comment Share on other sites More sharing options...
jmw Posted October 11, 2011 Report Share Posted October 11, 2011 Thanks and well said Legolas!....as usual you make excellent points that regrettably won't make a dent in those that blindly believe in the ever elusive dinar miracle. I also wonder why it takes so long for people to realize that when someone continues to tell them "it is done" every week and they are always wrong...why do they line back up to be lied to again? Your best point to me..."don't tell anyone".....as you also said...there is a chance to make money off of this...but it isn't going to make us rich. Link to comment Share on other sites More sharing options...
Legolas Posted October 11, 2011 Author Report Share Posted October 11, 2011 Legolas, I always love reading your posts, and this one was brilliant to say the least! I appreciate you mentioning my "name" in your post. My only request would be that you change the first line to Her astute reply ! I applaud your willingness to "take the heat" from people who still refuse to see that what we want/thought would happen probably won't. Personally, I do not want to burst any bubbles, but I think hearing about ALL possible outcomes can help people make better informed decisions. I believe that there are some still looking for more cash to put into this, whether it be rent money, kids college fund, or whatever. Do I think it is my "job" to save these people? No, but perhaps they will now look at all of the information we have that says 1) there is probably no rush and 2) don't go too far out of your way for it. Thanks Legolas, for putting this out there! LOL. Sorry, dhardage. Once again, assumption proves capable of getting me in trouble. Too late to change it now, but you've made the clarification. Your answer in the previous "why" post was inspiring and on point. I merely wanted to expand on it to demonstrate that ALL of us WANT the same thing, and that there aren't ulterior motives. Some just try to be more analytical and rational. Keep up the great work. Link to comment Share on other sites More sharing options...
AENewman Posted October 11, 2011 Report Share Posted October 11, 2011 I would slander each and everyone of those gurus right after I finished pimp slapping them..... 1 Link to comment Share on other sites More sharing options...
Legolas Posted October 11, 2011 Author Report Share Posted October 11, 2011 Gave you a +1 for a great realistic post.... Sadly,I suspect that in short order you'll be bashed trashed and tarred and feathered but only after getting the usual Bible quotes... Interestingly, pocono, the same post which bashed me for slandering Oakie, also contained a bible quote. Thanks and well said Legolas!....as usual you make excellent points that regrettably won't make a dent in those that blindly believe in the ever elusive dinar miracle. I also wonder why it takes so long for people to realize that when someone continues to tell them "it is done" every week and they are always wrong...why do they line back up to be lied to again? Your best point to me..."don't tell anyone".....as you also said...there is a chance to make money off of this...but it isn't going to make us rich. Thanks JMW. You better than most of us have laid out and explained the evidence in great detail on numerous occasions. People would be well advised to go to your profile and read your many excellent posts. Link to comment Share on other sites More sharing options...
pocono Posted October 11, 2011 Report Share Posted October 11, 2011 Interestingly, pocono, the same post which bashed me for slandering Oakie, also contained a bible quote. It seems that every thread,no matter the topic, regresses into a religious debate and of course the pumpers lasted this long by interspersing their babble with bible verses.. 1 1 Link to comment Share on other sites More sharing options...
dhardage Posted October 11, 2011 Report Share Posted October 11, 2011 I would slander each and everyone of those gurus right after I finished pimp slapping them..... sorry, I must ask.............what is the difference between a "pimp" slap and a "regular" slap? Link to comment Share on other sites More sharing options...
AWLINK Posted October 11, 2011 Report Share Posted October 11, 2011 Great Post, I to got into this from listening to people I thought they knew what they were talking about. I have less than 1 million dinar,and I don't plan on buying any more. I've wasted too much time reading and reading site after site.But I also still hope and wait. Link to comment Share on other sites More sharing options...
patriotic party girl Posted October 11, 2011 Report Share Posted October 11, 2011 NOW this is one of the most HONEST WELL SPOKEN STRAIGHT TO THE POINT NO NONSENSE POST I HAVE READ IN A VERY LONG TIME I APPLAUD YOU FOR YOUR COURAGE TO SPEAK THE TRUTH ON THIS INVESTMENT LIKE YOU I HOPE EVERYDAY DAY THAT SOMETHING WILL HAPPEN TO MAKE ME SEE THIS IS COMMING BUT EVERYDAY IT IS ALWAYS THE SAME OLE ARTICLES AND BULL CRAP THAT FILTERS THROUGH HERE AND IF SOME OF MY WORDS OR NOT SPELLED RIGHT FORGIVE ME JUST WANTED TO SAY THANK YOU FOR SUCH A HONEST AND TRUTHFUL POST 2 Link to comment Share on other sites More sharing options...
NotAChance Posted October 11, 2011 Report Share Posted October 11, 2011 Spot on. For some reason, so many posters continue to cling to the prospect of "imminent" riches despite countless indications (and common sense) that it just isn't going to happen. 2 2 Link to comment Share on other sites More sharing options...
Legolas Posted October 11, 2011 Author Report Share Posted October 11, 2011 It seems that every thread,no matter the topic, regresses into a religious debate and of course the pumpers lasted this long by interspersing their babble with bible verses.. Agreed, pocono. Don't get me started on THAT subject. It's yet another that I've spent hundreds of hours researching. It's unfortunate that more people don't do that before establishing and becoming steadfast in their belief systems. The world, and particularly Iraq and the entire Middle East would be a much better place were they to do so. 2 2 Link to comment Share on other sites More sharing options...
Danan Posted October 11, 2011 Report Share Posted October 11, 2011 I agree with the general consensus, wonderful post. I am sure that many of us got into this for the same reason you did. After having bought dinar, I figure that even if I don't make millions, I will probably make more on my investment than my husband has with the stock market and alot less invested for me. Link to comment Share on other sites More sharing options...
MrFnHappy Posted October 11, 2011 Report Share Posted October 11, 2011 An amazingly astute OP.... my only wish would be to be able to add to it, but alas, I cannot. Thank you legolas. Link to comment Share on other sites More sharing options...
Joe P Posted October 11, 2011 Report Share Posted October 11, 2011 Oh yeah. I owe you one. So... I strongly disagree. But respect your right to be stupid. 1 12 Link to comment Share on other sites More sharing options...
dhardage Posted October 11, 2011 Report Share Posted October 11, 2011 Oh yeah. I owe you one. So... I strongly disagree. But respect your right to be stupid. You said the same thing to Keep yesterday. A little variety/originality would be refreshing. 2 Link to comment Share on other sites More sharing options...
billbill Posted October 11, 2011 Report Share Posted October 11, 2011 Agreed, pocono. Don't get me started on THAT subject. It's yet another that I've spent hundreds of hours researching. It's unfortunate that more people don't do that before establishing and becoming steadfast in their belief systems. The world, and particularly Iraq and the entire Middle East would be a much better place were they to do so. I agree with your post Legolas, as well as Pocono on the religous aspect of alot of threads. I am very much a believer in Christ, in alot of peoples eyes, even too extreme in my belief. But I don't try to bring Christ into this investment, just like I don't try to bring him into my sports activities etc... I know there are alot of people that don't believe nor do they want to hear about it, but just to stick to your statement about scripture in posts....I'll throw this one in: Matthew 7:6 Give not that which is holy unto the dogs, neither cast ye your pearls before swine, lest they trample them under their feet, and turn again and rend you. Hope that little bit of scripture wasn't too painful to read... 1 Link to comment Share on other sites More sharing options...
umbertino Posted October 11, 2011 Report Share Posted October 11, 2011 (edited) Legolas...Great post as usual, my Friend....... Quote NOW this is one of the most HONEST WELL SPOKEN STRAIGHT TO THE POINT NO NONSENSE POST I HAVE READ IN A VERY LONG TIME End Quote No surprises here... This is usually Legolas' posts trademark........ Oh yeah. I owe you one. So... I strongly disagree. But respect your right to be stupid. I read the same line from you yesterday on another thread...... I'm all for free speech but without insulting & offending if that's not too much to ask... I forecast that one day soon someone will not respect your "right" to be stupid and offensive. Edited October 11, 2011 by umbertino 1 Link to comment Share on other sites More sharing options...
dhardage Posted October 11, 2011 Report Share Posted October 11, 2011 I read the same line from you yesterday on another thread...... I'm all for free speech but without insulting & offending if that's not too much to ask... I forecast that one day soon someone will not respect your "right" to be stupid and offensive. well said! 1 Link to comment Share on other sites More sharing options...
Jaxinjersey Posted October 11, 2011 Report Share Posted October 11, 2011 Spot on. For some reason, so many posters continue to cling to the prospect of "imminent" riches despite countless indications (and common sense) that it just isn't going to happen. As you describe yourself in name... you reinforce it so well, speaking in absolutes. Congratulations... you are resolute! Now, in that it seems your only purpose is to disrupt... and of course be correct in the end, if it goes that way... your reward will simply be egotistical validation. There is no courage in your stance and the way you present it... you are simply a gambler, that perhaps doesn't mind the taste of crow. Now... if I'm off-base here, confusing your resolve with confidence... I apologize. But then, I would suggest you then change your name and speak in more humble, respectful language to your fellow members... you are simply one of us. All the best to you in your endeavor! 3 1 Link to comment Share on other sites More sharing options...
Scrumdiddles Posted October 11, 2011 Report Share Posted October 11, 2011 Nice speech. However, Why would Adam disagree with your theory that it will RD before RV? Hmmmm. Nothing really matter until we all see what will happen in the future with the Iraqi Dinar. Right? Right.. 2 1 Link to comment Share on other sites More sharing options...
hame55 Posted October 11, 2011 Report Share Posted October 11, 2011 [quote name=Legolas' dat Needless to say, LEGOLAS This should be in the LOP section, first of all. 2nd, how will Iraq have a budget of $25 billion when it RDs and run the country? Answer that. Not enough money. Let's say RV after LOP 3X - still not enough money. Thirdly, the country has already RV'd several times. Legolas appears SURE THAT cannot happen again... Fourthly, he states the "RV clearly has not happened..." as if that means it cannot happen. NO, not yet. He also has not answered my questions regarding dinar held by CBI - which when revalued will go a long way toward paying off creditors. Nor answered the question of exactly who wants years of war paid back - the US government and the banksters. Think they are going to be left out in the cold with an LOP? I think not. Another misconception: these lopsters are reading the news AS IF IT IS TRUE. Look, I have been a print journalist. We all know about TV journalists. (It's called "polishing the turd" i.e. FOX News) Nothing gets past the editors at the top, and they are reined in by their corporate handlers. They lie all the time, either lies of omission, or white lies, or twisting the truth. Does anyone really believe Iraqi articles stating RD as the only possibility? Give me a break. Let's hear some answers to these comments, not more whining about their lost investment.... 3 Link to comment Share on other sites More sharing options...
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