Dinar Daily
Welcome to Dinar Daily Discussions.

Logging in with your USERNAME allows you to participate in discussions, see what has recently been posted, and other options. Guests have limited abilities.

We are NOT a guru forum. We are a dinarian forum. The opinions expressed on the forum do not reflect the of opinion of Dinar Daily specifically, but rather reflect the views of the individual posters only.

Disclamer:

We are in compliance with, "Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use."




Join Us for Dinar Discussions and More -- We Keep it REAL
 
HomeSearchFAQLog inRegister
YOU MUST Sign in with your USERNAME to POST
Follow us on TWITTER
DINAR INFORMATION LINKS

PARTNER SITES
Key Words
Adam Montana, AdminBill, Benjamin Fulford, Currency Exchange, David Schmidt, Dinar, Dinar Guru, Dinar Recaps, Dinar Rv, Dinar Scam, Dr Clarke, Frank26, Gary Larrabee, Gurus, Guru Hunters, JerzyBabkowski, Kaperoni, Kenny, Monetary Reform, Mnt Goat, My Ladies, Okie, Poppy, RamblerNash, Ray Renfrow, Redenomination, Revaluation, Ssmith, TNTBS, Tnt Tony, WING IT, We Are The People, Willis Clark, WSOMN, Yosef, Zap
Share | 
 

 THERE IS NO Global Currency Reset!!!! Says Marcus Curtis

View previous topic View next topic Go down 
AuthorMessage
Ponee
Admin
Admin
avatar

Posts : 33878
Join date : 2011-08-09

PostSubject: THERE IS NO Global Currency Reset!!!! Says Marcus Curtis   Fri Feb 21, 2014 9:14 am


 
THERE IS NO Global Currency Reset!!!!
 
~ Marcus Curtis~ in Baghdad Invest forum
 



Basing a currency’s value on vague unspecified resources simply lying in the ground is total nonsense. Ninety eight percent of Iraq’s wealth is USD paper. Jack said,

“There is just as many GCR gurus spewing out junk economics as there are RV gurus. Many people cling to this because they’re deathly afraid of admitting Iraq is going to redenominate and they are left trying to find some alternative “magic millionaire elixir” to allow Iraq to keep 85 trillion Dinar and somehow magically make it more valuable to avoid admitting the blatantly obvious “elephant in the room”!

“It’s a common guru fallacy that the dinar must be weak purely because of the dollar which will be corrected by a mythical GCR event. This is nonsense. The dinar is also weak vs the Euro (1590:1), GBP (1919:1), Gold (1.475m Dinar / oz), Silver (23,157 Dinar / oz), commodities (eg, Wheat ($272/mt) is 317,457 Dinar / mt (metric tonne), etc.”

“Same is true of the Dong – it’s utterly mind-boggling how some people can sit there with a straight face and say a GCR will adjust the undervalued Dong, when the Dong’s 21600:1 rate vs the dollar is a direct result of the Vietnamese Central Bank printing an eye-watering 3.5 QUADRILLION Dong! For clarity’s sake that’s 3,519 trillion Dong vs the Fed’s $11 trillion-dollar.”

and Jack is right! I verified this data too.
All these over inflated currencies are going to magically revalue because they are not really over inflated? Give me a break!
This is only quoting a small portion of facts to which Jack has already went into great detail on.

*****************
Back to top Go down
View user profile Online
dinarstar
VIP Member
VIP Member


Posts : 2311
Join date : 2011-10-09

PostSubject: Re: THERE IS NO Global Currency Reset!!!! Says Marcus Curtis   Fri Feb 21, 2014 11:13 pm

Ilikeyou

*****************
"Success is not final, failure is not fatal. It's the courage to continue that counts."
Winston Churchill
(1874-1965)
hug
Back to top Go down
View user profile
 
THERE IS NO Global Currency Reset!!!! Says Marcus Curtis
View previous topic View next topic Back to top 
Page 1 of 1

Permissions in this forum:You cannot reply to topics in this forum
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: DINAR/IRAQ QUESTIONS and DISCUSSIONS-
Jump to: