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TD Update or as Az -Tex says.... THE LOP IS BACK...........
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TD Update or as Az -Tex says.... THE LOP IS BACK...........
11-23-2013 Intel Guru TD Here's a Very Important Update: ...press release from Governor Turki & the CBI. In concert now, all parties have agreed upon the implementation phase of currency reform to take place in 2014 as the new notes & coins will be introduced. The exact dates are being finalized but it appears likely before the elections. This should put to rest any other calls by anyone or discussion that any movement of any kind, be it RV, RD, RI or RX to occur in 2013. PERIOD!! It will simply not happen. For weeks now my source has been indicating AN IMPORTANT ANNOUNCEMENT to come by this month's end AND THIS IS IT. In the CBI press release...
Iraq is making it known publicly to the world their intentions be absolute and put to rest whether or not there will be a LOP...and he also confirmed (emphatically !!) that the LOP of the existing notes will be done.
Also, we discussed time frames allowed to exchange old notes... a window of AT LEAST one year (probably more) will be offered. He indicates that we will all find out in due time...that this C/E will NOT yield wild riches that have clouded the Dinar and Iraq's intentions for far too long and it should come to a rest sooner rather than later... what the CBI article disclosed and he confirmed, that this is not negotiable or points of discussion any longer.
Last edited by Ponee on Tue Nov 26, 2013 8:20 am; edited 4 times in total
Ponee- Admin
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Re: TD Update or as Az -Tex says.... THE LOP IS BACK...........
Of course, if this is true, we have all been screwed by Iraq and our government. We dig them out from under a dictator at the cost of many lives, not to mention billions of dollars, then we keep them afloat for years by buying their worthless paper.
catman- VIP Member
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Re: TD Update or as Az -Tex says.... THE LOP IS BACK...........
Yes, and that is what Relix tried to tell us.
Ponee- Admin
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Re: TD Update or as Az -Tex says.... THE LOP IS BACK...........
I beg to differ because there's no proof of our government's involvement in this scam . Many always said the RV would pay for the war, etc. but I think it's just part of much the cunning tidbits pumpers put out to make it sound believable. And in addition we have a history of helping with money , blood, sweat & much tears and what did we get in return ?? Vietnam, Afghanistan (STILL) and many others. I think this wake up call was much needed and I am appreciative. We shall now see how the pumpers twist & turn this to continue deceiving the sheepie.catman wrote:Of course, if this is true, we have all been screwed by Iraq and our government. We dig them out from under a dictator at the cost of many lives, not to mention billions of dollars, then we keep them afloat for years by buying their worthless paper.
:Happy Thanksgi
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Re: TD Update or as Az -Tex says.... THE LOP IS BACK...........
You do remember that we lost in Vietnam, right? Afghanistan remains to be seen. But, we (as a nation) do tend to not get anything for our efforts, even from defeated enemies. Personally, I think we should keep anything we take in war, but nobody cares much what I think about those things.
On TD's post, I would like to have a link to this press release.
On TD's post, I would like to have a link to this press release.
catman- VIP Member
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Re: TD Update or as Az -Tex says.... THE LOP IS BACK...........
Well you know what I always say about those folks over there.....NUKE EM
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wpsmit- VIP Member
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Re: TD Update or as Az -Tex says.... THE LOP IS BACK...........
"Those folks" over there happen to be innocent people , women & children. Do you know that over a MILLION children now live in refugee camps "over there" because of the Syrian mess. If you have no compassion for that then I don't know ??wpsmit wrote:Well you know what I always say about those folks over there.....NUKE EM
Sounds like you are in the camp of "Chalk one up" in column of "can't handle the truth" and you are venting your frustrations. Too bad !
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Re: TD Update or as Az -Tex says.... THE LOP IS BACK...........
blah, blah, blah....FG
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wpsmit- VIP Member
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az-tex- VIP Member
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Re: TD Update or as Az -Tex says.... THE LOP IS BACK...........
For a follow up post by TD exclusive to Dinar Daily .... go to YOU CAN"T HANDLE THE TRUTH.... https://www.dinardaily.net/t29463-you-can-t-handle-the-truth
Ponee- Admin
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Re: TD Update or as Az -Tex says.... THE LOP IS BACK...........
OK Pony, explain to this stupid person if this is a Lop how is Relix going to profit with his course of actions? How will his group or people benefit doing what they plan to do?Ponee wrote:Yes, and that is what Relix tried to tell us.
RoyBoy- VIP Member
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Re: TD Update or as Az -Tex says.... THE LOP IS BACK...........
how do you figurewe are screwed. if they lope and you have over a year fine now one step more if it comes out at ten cents thats 100000 per million and you paid under 1000 dollars i will take that any time. the only screwing you get is you believing the lies of the gurus so who is screwing who
Jayzze- VIP Member
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Re: TD Update or as Az -Tex says.... THE LOP IS BACK...........
I think maybe you have your math wrong. If they LOP off the three zeros, your million dinar just went to 1000 dinar and if the come out at a dollar you won't have any profit and evn a small loss after the spread. If they come out at $3.86 (as some believe) you could C/E for about $3500. A profit of about $2500. Not bad if you just bought it, but if you have been in this very high risk investment for 8 years, it is not very impressive.jayzze wrote:how do you figurewe are screwed. if they lope and you have over a year fine now one step more if it comes out at ten cents thats 100000 per million and you paid under 1000 dollars i will take that any time. the only screwing you get is you believing the lies of the gurus so who is screwing who
catman- VIP Member
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Re: TD Update or as Az -Tex says.... THE LOP IS BACK...........
catman true but i do not think that is what will happen they will come out low and work there way up if not we are all screwed i have been in it for ten yrs
Jayzze- VIP Member
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Re: TD Update or as Az -Tex says.... THE LOP IS BACK...........
Well, if they come out at ten cents and let the market drive it up, we will all die of old age before they get to a dollar. Even if it comes out at a dollar, I don't think we will see a quick rise. It might work up over a few years an that;s great for people with a lot of years left. I am, unfortunately, not one of those people, I guess we will just have to wait and see what really happens.
catman- VIP Member
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Re: TD Update or as Az -Tex says.... THE LOP IS BACK...........
i am not sure of a lop as they say since i have read many articles and most say a float but in either case we get screwed. i just do not understand a country like ours to go along and get screwed unless they really do not own the amount that they say
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Re: TD Update or as Az -Tex says.... THE LOP IS BACK...........
Yes , But you are making the assumption that The US government does hold dinars. Where's the proof of that ? Other than goooroos who told us that as various points to build the platform of this scam. Other than gooroos show me any video clip or written article where Bush said the RV would pay for the war? Show me past history of ANY NATION who had lot's of zeros with their currency that did NOT LOP ???jayzze wrote:i am not sure of a lop as they say since i have read many articles and most say a float but in either case we get screwed. i just do not understand a country like ours to go along and get screwed unless they really do not own the amount that they say
That's why the proper word for this investment has always been "SPECULATIVE".
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Re: TD Update or as Az -Tex says.... THE LOP IS BACK...........
i do not believe anything i read anymore while it could be true it might not how are they going to build up an international trde with all the countries and accept a bid to the wto . if you said float i could by that not sure if i can buy into a lop but who knows it would not be the first time middle easterners have screwed us
Jayzze- VIP Member
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Re: TD Update or as Az -Tex says.... THE LOP IS BACK...........
How did they screw you ?? Did they force you to buy their currency ?? Again look up Turkey , Bolivia & other countries history of having lots of zeros with their currency , they all did a LOP and so will Iraq.jayzze wrote:i do not believe anything i read anymore while it could be true it might not how are they going to build up an international trde with all the countries and accept a bid to the wto . if you said float i could by that not sure if i can buy into a lop but who knows it would not be the first time middle easterners have screwed us
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Re: TD Update or as Az -Tex says.... THE LOP IS BACK...........
Pardon the rookie question but LOP...meaning drop the zeros?
BritishBulldog- VIP Member
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Re: TD Update or as Az -Tex says.... THE LOP IS BACK...........
Bingo! Give the man a ceegar!BritishBulldog wrote:Pardon the rookie question but LOP...meaning drop the zeros?
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Kevind53- Super Moderator
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Re: TD Update or as Az -Tex says.... THE LOP IS BACK...........
fla guy no one forced me to buy dinars i knew what i was getting into and have no regrets. what i did not realize are the blant lies and deception that goes on. before iraq drops or raises the zeors they have many things that has to be passed first and that is not easy with m at the helm.iraq has several options flot and lops are two of them among others over the years there have been many claims and statements and none have proved true. the ones who are in charge will decide and i can assure you they will not tip therew hand nomatter what the outcome will be
Jayzze- VIP Member
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Re: TD Update or as Az -Tex says.... THE LOP IS BACK...........
The ones who will get hurt are those who have paid month after month for fake dinar information. The one have been ripped off are those who have donated or paid for Tony's junk. He is the real crook.
Crazy Clown- Elite Member
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Re: TD Update or as Az -Tex says.... THE LOP IS BACK...........
its not only tony its his old group but also theyalso change names so you have no idea who they really are and besides this there are plants who put false info that sounds convincing but is untrue
Jayzze- VIP Member
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Re: TD Update or as Az -Tex says.... THE LOP IS BACK...........
Heres something I don't understand. So with a LOP it means they are taking 3 zeros off...so a 25,000 dinar note is now a 25 dinar note. This is fine and I understand it has to happen due to their new laws etc. BUT...can they do this before they are exchanged?? I don't understand how something that clearly states it is worth 25,000 now be worth 25?? Won't that alone damn near collapse an economy...that would be like the US dropping 3 zeros...so if I had 10,000 in a savings account...I would now have 10?? Unless prices on EVERYTHING were to drop in the same manner it would cripple people financial.
Am I even close on this train of thought?
Am I even close on this train of thought?
BritishBulldog- VIP Member
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Re: TD Update or as Az -Tex says.... THE LOP IS BACK...........
what they will do IF it Lops the way they are talking about it.. the 25,000 bill is worth what it is now.. they will give you a date stating you will need to turn in the bill by this date or afterwards it will be worthless.
You will turn in your 25,000 note and you will get what it is worth exactly right now and then tell you to walk away.. end of story for us.
after that iraq will pass out new currency and they will continue down to road and we will be sitting back shaking our heads asking "what the hell happened"
You will turn in your 25,000 note and you will get what it is worth exactly right now and then tell you to walk away.. end of story for us.
after that iraq will pass out new currency and they will continue down to road and we will be sitting back shaking our heads asking "what the hell happened"
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Daox13- Elite Member
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Re: TD Update or as Az -Tex says.... THE LOP IS BACK...........
it does not have to lop there is nothing that states it must and td has yet to produce the proof. my group spent several hours trying to find exactly what he said and could not. it has been a full day with no proof take it from there. if true all the documents would be all over the place
Jayzze- VIP Member
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Re: TD Update or as Az -Tex says.... THE LOP IS BACK...........
I compare a lop to a reverse stock split. Let's say you own 100 shares of a stock that's worth $1 per share. It splits and you now own 10 shares worth $10 a share.
How that would be handled with the IQD notes we have now, I have no idea. Heard that if it did lop we would have a certain amount of time to exchange what we hold.
How that would be handled with the IQD notes we have now, I have no idea. Heard that if it did lop we would have a certain amount of time to exchange what we hold.
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Re: TD Update or as Az -Tex says.... THE LOP IS BACK...........
Here is a question, and I know there are some on here with this situation. If you have a Warka account with a million dinar in it and it LOPs, how does that impact that account? There are no 3 zero notes in there, just a bookkeeping entry that says you deposited a million dinar.
catman- VIP Member
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Re: TD Update or as Az -Tex says.... THE LOP IS BACK...........
That is a very good question and I'm curious to know the answer
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Daox13- Elite Member
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Re: TD Update or as Az -Tex says.... THE LOP IS BACK...........
Being a warka account holder, I am curious also
Ponee- Admin
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Re: TD Update or as Az -Tex says.... THE LOP IS BACK...........
yes we need answers on that, because IF that is a different outcome I may need information from others who have set that up.
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Daox13- Elite Member
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Re: TD Update or as Az -Tex says.... THE LOP IS BACK...........
Not a quick or easy process. It took weeks and weeks ... the money had to go thru E-Trade because it was a restricted foreign currency. It may not be as difficult now that they are supposedly out of Chapt 7. I used the forms from Marcus Curtis. But he bowed out of the dinar a few years ago to persue a music career.
Ponee- Admin
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Re: TD Update or as Az -Tex says.... THE LOP IS BACK...........
either way I don't mind doing some work if that's is what is needed to save face... does anyone know an answer to the warka account question?
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Daox13- Elite Member
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Re: TD Update or as Az -Tex says.... THE LOP IS BACK...........
At the risk of being pelted with tomatoes I post this -- I did pose that question to Relix and though he didn't really have an answer, his thought was a possible 1:1
Ponee- Admin
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Re: TD Update or as Az -Tex says.... THE LOP IS BACK...........
Well here is my thought, and granted like I have stated before I'm a dumb guy trying to make a buck..
It seems to me that it would stay at the same balance because EVERYONE in Iraq with a bank account would go through the same thing.
But at the same time common sense is telling me that the loop hole we are speaking of is a pretty apparent loop hole and I would think they would cover that up and fix that... but how is where I'm lost.
It seems to me that it would stay at the same balance because EVERYONE in Iraq with a bank account would go through the same thing.
But at the same time common sense is telling me that the loop hole we are speaking of is a pretty apparent loop hole and I would think they would cover that up and fix that... but how is where I'm lost.
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Daox13- Elite Member
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Re: TD Update or as Az -Tex says.... THE LOP IS BACK...........
For those who are following this thread, you may also want to follow the thread.... https://www.dinardaily.net/t29488-td-with-a-clarification-post#195128
It is a more detailed follow up to what TD was saying
It is a more detailed follow up to what TD was saying
Ponee- Admin
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Re: TD Update or as Az -Tex says.... THE LOP IS BACK...........
basicly all of a sudden it seems everyone pulled a reverse on us and we are left holding the bag. now here is my question if the 25000 bill will equal 25 dollars can we exdhange the large ones now for ld now and come out ahead
Jayzze- VIP Member
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Re: TD Update or as Az -Tex says.... THE LOP IS BACK...........
good question as well.. I am curious to know how this process will work
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