How to Speed Up the RV

I sure feel sorry for the car salesmen and realtors out there dealing w/these people.

Your dreams - go LIVE them!


Hawker77 (TNT)
What's a good way to make a dream reality?  Stop just thinking about it, or looking at pics or YouTube videos all day and go out and EXPERIENCE it!
 
So today, that's exactly what I did.  To get me into a more powerful mode of manifesting my desires, I went to my local Tesla dealer today and test drove the Tesla Model-S P85D.
If you don't know about that rocket on wheels, YouTube it and get familiar.  It's a 700hp mind blowing experience!  It's the nicest car I've ever driven, and also the most exciting!
It got me so pumped up to see, feel, and KNOW this RV is here, and that my dreams are about to start appearing before me in living color.  Now that I have a great experience
to replay over and over to FEEL that joy and excitement, it'll make bring it into my life that much easier.  In one short phrase, the P85D is your own personal roller coaster!
0-60 in 3.2 seconds in the most fluid way I've ever experienced.
 
Go RV!

charliegirl
I agree!  I've test driven many cars, looked at homes...I have no problem seeing my future!  I think I have decided on an SUV (Lincoln MKC) and not sure of the convertible (but the BMW's are sweeeet!).
 
Hawker77


My wife wants a Lincoln MKZ. I think she might change her mind once she drives the Tesla, but we'll see. It's all good!

Here's a quick side note...

In 2007 I went to my first Abraham-Hicks seminar in Los Angeles. I had been dating off and on and was just attracting the wrong people. What I learned in the seminar is that I was trying way to hard to do it myself, so I let go completely and trusted God/the Universe/All that Is. The next day, my now wife entered my life. It was awesome!
 
She had me at "I'm a corporate jet pilot," since I'm in aviation as well.  Now she's with a major airline.

I know at least one guy that wore out his welcome with the local auto dealers, at least one asked him to not come back! At one point this guy actually approached some investors and a construction company about building a condominium complex but they figured him out fairly quickly.


I have often wondered at how many people with this kind of mentality took it a step farther and went into debt they could never get out of because they had been told "It's DONE!" by the TNT and Okie types. I of course have no way of knowing but I would be willing to bet it's well into the thousands, bankruptcy, lost homes/cars and broken marriages are bad enough but the part that makes me the angriest at the scum who have perpetuated this scam is the children who have suffered because of their irresponsible parents spending the grocery and rent money because "it's" going to happen this weekend!

The one man that has stood out for me was a pastor in Canada that text me when TURD gave out my number. I called him even though it cost me a $120 in phone bills and we started talking. He was a very suave guy who had helped many people who was scammed in other venues but he completely believed the RV bc he traveled the USA speaking at Christian conferences about Jesus and the pastors told him about this great blessing that was going to be bestowed on the church and he took it hook,line,and sinker. After an hour talking with him I had convinced him he was scammed and he told me that he had committed $6,000,000 to charity and was talking to the city planners of Alberta about putting in 25% of the cost and he would pay the rest of the bill to build a $20 million apartment complex for the homeless. this man was a leader of the community and he had to tell all these people that he was scammed. This was in Nov 2013 when TURD was starting with the people have been paid contract rates and it was going to happen before black Friday that year. I have tried to call him back but I think he was so humiliated he never did answer my calls lol.

dwm007 I have a very sincere Q for you, do you feel that all of dinar is a scam? What are your feelings of where the dinar is headed? The above post dose tell us of silly people wishing upon a star. TY

Well the currency itself isn't a scam, obviously it's the legitimate currency of Iraq, it's the idea that has been perpetuated that the Dinar is somehow going to make people rich that's a scam. Iraqi Dinar is simply a hyperinflated currency no different than has happened many times throughout history and all the hocum surrounding the Dinar is based on nothing but myth, misconceptions and outright lies dreamed up by those who stand to make big bucks by getting people to buy Dinar. There's no point in again trying to cover everything concerning why the "RV" is an impossible myth, we could fill pages covering why "it's" not going to happen and never was going to happen but let's look at some of the most important reasons. Basically it's just a financial and mathematical impossibility, not a long shot, a million to one shot or even a trillion to one shot but is NO SHOT AT ALL! There simply is not enough wealth on planet Earth to cover any "RV" to even close to a dollar each and that's not just my opinion that's a mathematical fact! Consider this, Iraq has several times more Dinars in existence than the U.S. has Dollars! How can that be? Easy since the Dinar is worth over a thousand times less than a Dollar.

Where is the Dinar headed? For once the Dinarians are right about something, the fact is no one knows for sure BUT not knowing what Iraq WILL do with the Dinar in no way means we don't know what they WON'T or CAN'T do with it! They could very easily do just as South Korea (with an almost identical exchange rate!) has done for many years and leave it just as it is, indeed some lawmakers in Iraq want to do just that, or they could delete the zeros/LOP just as they have been telling the world they intend to do or they could allow the exchange rate to rise, or even fall for that matter, at a very slow and gradual increase over many years but never would they allow it to rise fast enough to attract speculation for obvious reasons.

The FACT is that the Iraqi Dinar is simply an inflated currency and the unit value is so low because there are so many of them and that's the only reason, they were not artificially lowered as the gurus would have you believe and the value fell due to overprinting just like any other hyperinflated currency throughout history and Iraq will eventually deal with this just as did those other countries. This is documented FACT readily available to those willing to look up Iraq's financial history for the last 40  years or so, it's easy to Google it but look only for legitimate records sites and not Dinar oriented scam sites (if the site has ads for dealers BE WARNED!

The bottom line is that with over 90 TRILLION Dinars in existence a "RV" to a Dollar would give Iraq a net Dollar worth of more than twice as much money as all the countries' collective worth on the planet, the mathematical impossibility of doing that should be apparent to anyone.

I have a question. How do you know there are 90 trillion dinars in circulation? is it on their CBI site?

@tomsharp wrote:I have a question. How do you know there are 90 trillion dinars in circulation? is it on their CBI site?

Yes. The number varies whether you're looking at M0, M1, or M2, plus of course it fluctuates over time, but all the numbers are many many tens of trillions. And there's plenty of additional evidence for many tens of trillions being in circulation, such as:

Dinartrade sold something like 500 billion in 2011 alone.
Sterling sold about the same amount over their lifetime.
There's massive quantities of it on eBay at any given moment.
Hundreds of thousands if not millions of dinar investors all have significant quantities of it stuffed under their mattress.
It costs 50,000 dinar to buy a bag of groceries.
Etc.

Thank you for your response. I have looked at the CBI and I can't find the information confirming the number in circulation. Am I not seeing something?
I would rather not speculate on how much might be out there based on Sterling or Dinartrade possible sales. I'm sure that number is high but I'm trying to base my thoughts on the fact that there are a confirmed 90 trillion dinars out there.

I've seen estimates that say there might be 40 trillion but haven't found 90

@tomsharp wrote:I have a question. How do you know there are 90 trillion dinars in circulation? is it on their CBI site?

Yes, as it stands right now I think it's about 91+ Trillion and there's a report out just yesterday that the reserves (what they use to back that 91 Trillion Dinars with) is down from $84 BILLION (not Trillion) to only around 64 Billion Dollars due to fighting ISIS and the low oil prices. So you can easily see why the Dinar is really at 1166 to one, there's way over 1000 times more Dinar than there are dollars to back it with!

Forget the guru hype and look at the truth, for each Dollar in Iraq's reserves there are well over 1000 Dinars to back thus currently it's pegged at a little over 1000 Dinars to the Dollar or right about where it should be, the Dinar is NOT undervalued (as the gurus would have you believe)! The exchange rate does not determine whether or not a currency is under or over valued, the exchange rate and the value are two different things.  


"Yeah but the Dinar was once worth about $3.22 so why can't they "RV" back to that"?

Let's look at that, today with 90+ TRILLION Dinars there are well over 1000 Dinars representing each Dollar thus each Dollar is worth over 1000 Dinars.

Back when the Dinar actually was worth $3 Iraq had approximately the same amount of reserves as they do today at around $75 BILLION but at that time they had only around 25 BILLION (not Trillions like today) Dinars to back with those reserves thus each Dinar represented three Dollars so they had three times as many Dollars as they did Dinars, thus the three dollar rate!

The gurus have tried every trick they can think of to steer people away from this fact but it's finally starting to come to light and folks are seeing the truth! Iraq has no way of significantly lowering that money supply except through redenomination/LOP or as they refer to it deleting the zeros. That's the way all other nations have dealt with bloated money supplies and is what Iraq has CLEARLY been saying they will do, and why not it's the only option except for just leaving the money supply alone.  All this nonsense about Iraq "sucking in Dinars" through the auctions, etc is all just more guru lies. The auctions DO NOT remove Dinar from circulation, it merely exchanges (in Iraq) the Dollars they take in for oil for the Dinars the Iraqi Government uses for day-to-day business and then the Dollars are spent on imports that are paid for in Dollars, it's just a cycle.

 You have to remember no one outside Iraq wants Dinars so they must pay for their imported goods (most everything they use!) with Dollars or Euros and they conduct business inside Iraq with Dinars.

@dwm007 wrote:

@tomsharp wrote:I have a question. How do you know there are 90 trillion dinars in circulation? is it on their CBI site?

Yes, as it stands right now I think it's about 91+ Trillion and there's a report out just yesterday that the reserves (what they use to back that 91 Trillion Dinars with) is down from $84 BILLION (not Trillion) to only around 64 Billion Dollars due to fighting ISIS and the low oil prices. So you can easily see why the Dinar is really at 1166 to one, there's way over 1000 times more Dinar than there are dollars to back it with!

Forget the guru hype and look at the truth, for each Dollar in Iraq's reserves there are well over 1000 Dinars to back thus currently it's pegged at a little over 1000 Dinars to the Dollar or right about where it should be, the Dinar is NOT undervalued (as the gurus would have you believe)! The exchange rate does not determine whether or not a currency is under or over valued, that's two different things.  


"Yeah but the Dinar was once worth about $3.22 so why can't they "RV"back to that"?

Let's look at that, today with 90+ TRILLION Dinars there are well over 1000 Dinars representing each Dollar thus each Dollar is worth over 1000 Dinars.

Back when the Dinar actually was worth $3 Iraq had approximately the same amount of reserves as they do today at around $75 BILLION but at that time they had only around 25 BILLION (not Trillions like today) Dinars to back with those reserves thus each Dinar represented three Dollars so they had three times as many Dollars as they did Dinars, thus the three dollar rate!

The gurus have tried every trick they can think of to steer people away from this fact but it's finally starting to come to light and folks are seeing the truth! Iraq has no way of significantly lowering that money supply except through redenomination/LOP or as they refer to it deleting the zeros. That's the way all other nations have dealt with bloated money supplies and is what Iraq has CLEARLY been saying they will do, and why not it's the only option except for just leaving the money supply alone.  All this nonsense about Iraq "sucking in Dinars" through the auctions, etc is all just more guru lies. The auctions DO NOT remove Dinar from circulation, it merely exchanges (in Iraq) the Dollars they take in for oil for the Dinars the Iraqi Government uses for day-to-day business and then the Dollars are spent on imports that are paid for in Dollars, it's just a cycle.

 You have to remember no one outside Iraq wants Dinars so they must pay for their imported goods (most everything they use!) with Dollars or Euros and they conduct business inside Iraq with Dinars.

Do you have a link to the report that there is 91plus trillion? or is that your guess? Thanks, I can't find one anywhere.

personally I got in thinking they would lop the zeros and their currency would increase in value. Hopefully 10 to 20% increase. That would be a great return on investment for me. I'm trying to build a case that they will honor their currency outside their borders.

Just a 2 second search came up with this,

http://www.tradingeconomics.com/iraq/money-supply-m2


Make no mistake about it, Iraq is liable for TRILLIONS yet they have, as stated in a report yesterday only $67 BILLION to back it with. There are TRILLIONS in the hands of speculators, how can you not be concerned with what Dinar trade, Sterling, etc have sold? It's incredibly important to consider that these companies have sold Trillions of Dinar to speculators! How do you think Iraq can pay out Trillions to foreigners when they have only $67 Billion in reserves?


THAT is what the gurus have worked so hard at diverting people from!

@tomsharp wrote:personally I got in thinking they would lop the zeros and their currency would increase in value. Hopefully 10 to 20% increase. That would be a great return on investment for me. I'm trying to build a case that they will honor their currency outside their borders.

Well unless you bought awfully cheap 20% is not even going to cover the dealer spreads. And yes whether or not they will accept Dinar back into the country is a big concern, there is good reason to think they might not.

I know the dealers sold a lot of currency. I was trying to see it in print rather than guess the number. Thank you for the help.

 I did buy cheap along time ago. might break even now. 

In your opinion do you feel that if they lop the zero's then they might be able to increase their value very quickly?

In the first place that assumes they even want to increase the value, or rather the exchange rate since the actual value is a different matter. Increasing the exchange rate does not necessarily increase wealth for Iraq, that is another very popular and misleading assumption by speculators. The exchange rate is determined by many factors and is a subject that would consume pages but the amount of wealth the Iraqi's have is determined by their reserves and not by how much the exchange rate is, for instance a 25,000 Dinar note at 1166 to one means an Iraqi will have $22 worth of currency with that note. After a re-denomination that same $22 worth of currency would be a 25 Dinar note at a rate of .86 to one so even with the higher rate the Iraqi holding the note is no wealthier.  Now I know that was not exactly your point so let's go a bit further, that same note after re-denomination now rises slightly to $1.00 which is a real possibility IF Iraq re-denominates and IF they manage to increase their reserves and IF they decide it's right for them but that's a lot of IFs. But let's say they do, now suddenly that Iraqi is holding the same note but now it's worth $25 instead of $22 he's wealthier right? Well not necessarily a Dinar is still a Dinar in Iraq and while it may now be worth slightly more in Dollars it's still just 25 Dinars in Iraq so the only thing that exchange rate increase affects is costs. There could be many reasons for the Dinar to rise or even fall after a re-denomination and it's a very complicated subject but thinking the Iraqis just automatically want the rate to rise is a huge mistake. It's not a given that it will rise -far from it- it might and it might not and depending on many factors the Iraqis very well may not want it to and even if they did it would rise only by tiny increments over many years. How can I say that? Well simple history of how currency works is one way but common sense tells us that the Iraqis would never allow a steady and significant increase that would be profitable for speculators, that would be economic suicide and speculators would bleed them dry! That's why even tiny rate increases are closely guarded central bank secrets and NEVER EVER revealed ahead of time or made easy to see coming!

OO7---- Thanks for your response .

@tomsharp wrote:Thank you for your response. I have looked at the CBI and I can't find the information confirming the number in circulation. Am I not seeing something?
I would rather not speculate on how much might be out there based on Sterling or Dinartrade possible sales. I'm sure that number is high but I'm trying to base my thoughts on the fact that there are a confirmed 90 trillion dinars out there.

Whether it's 40 trillion or 90 trillion, both preclude a large RV.

The circulation numbers are in an Excel file called Key Financial Indicators on the Statistics page.

@FS4Enthusiast wrote:

@tomsharp wrote:Thank you for your response. I have looked at the CBI and I can't find the information confirming the number in circulation. Am I not seeing something?
I would rather not speculate on how much might be out there based on Sterling or Dinartrade possible sales. I'm sure that number is high but I'm trying to base my thoughts on the fact that there are a confirmed 90 trillion dinars out there.

Whether it's 40 trillion or 90 trillion, both preclude a large RV.

The circulation numbers are in an Excel file called Key Financial Indicators on the Statistics page.

Or even 1 Trillion for that matter! I think one of the major problems folks have is the failure to comprehend the enormous size of a Trillion! Iraq has $67 BILLION Dollars in reserves and that wouldn't even cover a tenth of a Trillion at a $1 "RV" rate! Even if Iraq gave speculators every single penny they had  in their reserves and kept nothing for themselves they would fall way short just trying to cover a hundred BILLION never mind even a single TRILLION!

Then when it's considered that multiple TRILLIONS are in the hands of speculators the absurdity of the whole idea starts to become mind-boggling!

So as you can see, I'm new to this site. So is the purpose of this site to debunk anyone's hope of there being an RV. With the responses I got and what seams to be the same people on each thread commenting on how it will never happen, I assume then, none of you are currently holding any dinar...? That would be crazy if you did, right?

@tomsharp wrote:So as you can see, I'm new to this site. So is the purpose of this site to debunk anyone's hope of there being an RV. With the responses I got and what seams to be the same people on each thread commenting on how it will never happen, I assume then, none of you are currently holding any dinar...? That would be crazy if you did, right?

Not sure what your point is and I have been here only a short time myself but if you are looking for support and encouragement with total suppression of logic and facts (yes FACTS based on legitimate sources such as the CBI, etc) like on the guru sites then you may not find much of that here, I didn't anyway!

What I found here was a very refreshing experience where logic and common sense can be expressed without fear, is that a disappointment to you? Would you rather just do like the guru sites and shout down anyone who questions the legitimacy of this "investment"? Have you asked yourself just WHY these sites don't allow opposing views? If they were not afraid and thought they were right they should welcome an opposing view so they could expose it don't you think? Instead they shout down and censor anything that that exposes THEIR point of view and there's a good reason for that, they simply have no way of defending the nonsense they are spewing!

Does it not seem odd to you that opposing views are welcome here but censored and banned on other forums? Why do you think that is? Could it be they don't want you to know the truth? Think about it! You asked questions and people took the time to answer those questions and even provide verifiable evidence to back them up and not a single person started questioning your motives nor did anyone try to censor or shout you down. That is the kind of replies you are far more likely to find rather than the Rainbows and Unicorns found on most other sites, and believe me I have seen them all!

 The reason you may not be seeing a lot of encouragement and "facts" supporting the chances for a "RV" is because there simply aren't any! If you have a single shred of legitimate evidence that any kind of "RV" is possible then bring it on and let's discuss it! I promise I will do so in a respectful manner as apparently most everyone else here will too and If you can show (by legitimate verifiable means, guru spew don't count) one single thing you have been told here to be untrue then I will happily admit where I was wrong and apologize wholeheartedly -the ball is in your court! 


I honestly do not mean any of that in a condescending way nor did I find anything you said to be out of line or offensive, if you want to talk about this thing then let's talk and let's keep it friendly -fair enough?

Fair enough. I didn't say I didn't like this site. The one thing I did see when I came here was the ability to get an honest word in. Trust me I have been censored a lot for my comments of rational thinking on other sites.(TNT). I'm not looking for a site that will only support my wish for future wealth in the currency biz. I'm am curious as to why someone would possibly own dinar if they didn't believe in it at least a small percent. I certainly wouldn't spend all day arguing with someone if I didn't believe in it some and I would sell my dinar fast.
To be honest. I have been in awhile and the person that got me in has made it a full time job to get an exchange done. Even hiring a full time banker that says he has had prior knowledge of something happening. He has no reason or motivation for lying to me. I will admit that I got suckered in by Winston (DC) for a bit because I thought he might really have had previous experience with the plan. He tells a great story of how it may have been planned. When he said he had seen the lower denominations but then couldn't produce a picture of one then that was the beginning of my lack of trust in him. Him leaving has only solidified his legacy as a bullshit artist. I feel sorry for his kids.

For all the bankers stories, people "in the know", etc there still is no way to explain how the numbers can work. The facts and figures are what they are and that's what we have to go on, 2&2 will always equal 4 no matter what.

As far as why someone who has never owned Dinar would spend time on it I might counter with "why would someone report a burglary"? I make no apologies for what I do and my disgust for the scum like Tony I don't try to keep secret, disgust is putting it politely because I truly hate these thieves with a passion for the misery they have caused and I will do everything I can to see this scam stopped. However I have zero ill will toward those who bought Dinar although I have no pity either for those who will deny the obvious truth. As I have said before it's the innocents in this thing that motivates me, that and the fact I have family and friends suffering emotional distress from this scam. I have no desire to talk anyone into selling out because to do so accomplishes nothing, the Dinar just gets passed on to a new owner and the scam victim then just has different face and name but rather my motivation is to prevent new people from getting sucked in.

 What is it that makes you think there is even a remote possibility of any type of "RV" happening and how could it be possible given the verifiable figures?

According to the CBI figures, the M0 supply which is cash and deposits only, is about 64T IQD which is roughly in line with their reserve requirements of 15%. About 40T IQD is in circulation, the balance is held in the banks, to maybe that's where that number comes from.

FWIW neither the IMF nor WB require or recommend 100% reserve coverage, I have not found the numbers for Iraq, but the recommendations I have seen have been somewhere around 10% give or take. The numbers seem to vary according to the strength of the economy in question, stability of the currency, and a myriad of other factors. They also seem to indicate that countries with reserve status have no need for and generally should not have large reserves. They use some very complex statistical formulas to determine how much reserves each country should have. Not real sure what to make of it, but it would seem that Iraq is juat about where they should be.

@dwm007 wrote:For all the bankers stories, people "in the know", etc there still is no way to explain how the numbers can work. The facts and figures are what they are and that's what we have to go on, 2&2 will always equal 4 no matter what.

As far as why someone who has never owned Dinar would spend time on it I might counter with "why would someone report a burglary"? I make no apologies for what I do and my disgust for the scum like Tony I don't try to keep secret, disgust is putting it politely because I truly hate these thieves with a passion for the misery they have caused and I will do everything I can to see this scam stopped. However I have zero ill will toward those who bought Dinar although I have no pity either for those who will deny the obvious truth. As I have said before it's the innocents in this thing that motivates me, that and the fact I have family and friends suffering emotional distress from this scam. I have no desire to talk anyone into selling out because to do so accomplishes nothing, the Dinar just gets passed on to a new owner and the scam victim then just has different face and name but rather my motivation is to prevent new people from getting sucked in.

 What is it that makes you think there is even a remote possibility of any type of "RV" happening and how could it be possible given the verifiable figures?

I can appreciate your response and the fact that you are trying to protect those that have been mislead. It's a tough "cross to bare". One that I would not carry. 

I continue to look for remote possibilities for an RV and as soon as I find one I'll let you know.

After all this time I mostly am just looking for some entertainment value. I wish I wasn't so bored.

@tomsharp wrote:After all this time I mostly am just looking for some entertainment value. I wish I wasn't so bored.

Here's some good reading from Marcus Curtis a former dinarian who started checking the facts out in 2012 and found out it was a scam https://iraqcurrencywatch.wordpress.com/ I've known him since Nov 2013 and he's the smartest guy I've seen explaining all the facts with links to those facts Here's his latest post https://iraqcurrencywatch.wordpress.com/2015/08/17/the-end-is-near/comment-page-1/#comment-7704 Please spend the time to read some of his articles They are long but he covers everything about this scam

Thanks Kenlej, I didn't know Marcus had done a recent update and that was a real eye opener -or at least it should be for those still hanging on to the false hope.

Anyone who thinks there is even the slightest hope that this thing may not be a scam after all really needs to check this out.


www.iraqcurrencywatch.wordpress.com/2015/08/17/the-end-is-near/comment-page-1/#comment-7704

I read it. It's interesting. Not sure if it a dagger to the heart of the dinar investment but there is no denying some of the points he brought up. There indeed has been a push to bring some dealers under control. I hope they put everyone in jail that was being paid by them to pump out lies. Hope it moves swiftly and this is all comes to a conclusion this year. I need to move on. I have work to do.

@dwm007 wrote:Thanks Kenlej, I didn't know Marcus had done a recent update and that was a real eye opener -or at least it should be for those still hanging on to the false hope.

Anyone who thinks there is even the slightest hope that this thing may not be a scam after all really needs to check this out.


www.iraqcurrencywatch.wordpress.com/2015/08/17/the-end-is-near/comment-page-1/#comment-7704

Hey dwm007 You can put out the facts yourself What was your moniker on Baghdad Invest We had some great discussions there. It broke old Shakers heart when BI moved on lol

@tomsharp wrote:I read it. It's interesting. Not sure if it a dagger to the heart of the dinar investment but there is no denying some of the points he brought up. There indeed has been a push to bring some dealers under control. I hope they put everyone in jail that was being paid by them to pump out lies. Hope it moves swiftly and this is all comes to a conclusion this year. I need to move on. I have work to do.

There are dozens of "daggers to the heart" of the dinar investment if you're talking about an RV to a penny or more (or even 2 or 3 tenths of a penny, to be honest).

If you're hoping for a 10 or 20% increase then I guess it wouldn't be a dagger in the heart. But why on earth would anyone buy the dinar hoping for a 10 or 20% increase? Even if you bought from a dinarian that wised up and therefore didn't pay a spread, it's still a TERRIBLE investment.

1. Even if you didn't pay a spread when you bought, you're likely to have to pay one when you sell, which would eat a significant portion of your profits.
2. Even a 10 or 20% increase from 1166 is extremely unlikely when the market rate is more like 1250-1350. The people in Iraq don't even believe that the dinar is worth 1166, so how do you think they'd react to the CBI RVing it to 1000? They don't believe it's worth 1166, why would they believe it's worth 1000? It's likely that even if the CBI did RV to 1000 to 1, the market rate would barely budge, so the RV would do nothing more than take more money out of their reserves in the auctions. No meaningful additional purchasing power. No economic boom. Just USD and Euros and GBP fleeing their reserves. Not good.
3. Years back it went from 1170 to 1166. That's a typical RV. Not 10 or 20%. 0.34%.
4. The dinar lops and you're out anywhere from probably 40% to 100%. The dinar is the very definition of a high risk low reward investment. Your chances of making any profit are very low, your chances of significant losses are practically guaranteed. It's a terrible investment by every measure of the word (unless you're one of the people selling it to the marks).
5. If 10% is a great return for you go find a good mutual fund. The Vanguard 500 index has averaged over 16% over the last 5 years. Their Windsor II fund has averaged 11% over the last THIRTY years. What has the dinar done?

Thanks for your input 
We'll see.

@tomsharp wrote:Thanks for your input 
We'll see.

Most of us already see and quite clearly, others however may take a bit longer but see they will  -guaranteed!

Now whether or not they will all admit it might be a different story and I'm sure some will continue to insist that "IT" was almost ready to happen when Abadi, Obama, the PTB, the tooth fairy or whoever they want blame besides themselves stepped in an stopped it at the last moment thereby "cheating" them out of it!


Not sure what you could be waiting on but this thing is already imploding, the facts and figures have CLEARLY exposed not only the gurus' lies but also prove the mathematical impossibility. Then add to that the fact that State and Government agencies (including the FBI) are warning people of this scam, dealers themselves that have been placed under investigation have openly admitted they knew it was a farce from the beginning and some of the big players in the scam are either going to jail or already in jail!  


I don't know about you but if I was in a burning house I believe I would have enough common sense to run outside rather than sit on the floor and hope the fire goes out, think about it!

@kenlej wrote: What was your moniker on Baghdad Invest We had some great discussions there. It broke old Shakers heart when BI moved on lol

Lol, I have had so many names in the past I honestly don't remember for certain but it likely was DWM something or other. I only got to join in the last few weeks or so and like Shaker I was brokenhearted when they moved on but like the Dinarduchbags site I suppose they had reached the point of just beating a dead horse! Ole Sam sure did some damage to the scam and the gurus that's for CERTAIN! I miss both sites terribly.

@Ponee wrote:Make yourselves at home here guys....

THANK YOU!

Of all the sites I have been to I have never felt more comfortable than I do here, this place is great!

@tomsharp wrote:
We'll see.

We've been "seeing" for the last 8 years, during which time the dinar has moved a whopping 0.34%. How many more years do you need to "see"? 5? 10? 20?

There's simply no reason there'd be a significant appreciation of the dinar, and nearly endless reasons that there wouldn't. All the reasons you read on dinar forums are either lies or misunderstandings or simple ignorance of how currencies work.

This is likely another case of "what if I gave up and "It" happened"?

That nagging, but completely unfounded, fear of getting out only to have it "RV" soon after thereby losing out on all that money is probably the top reason that most folks continue to hang on despite the very obvious truth. This is an understandable, although totally illogical, reaction and is the driving force behind compulsive gamblers. It's up to the individual to make their own decisions but coming to terms with the VERIFIABLE impossibility of any significant gains such as these people have been expecting is the first and most important step, the "What if" question simply doesn't matter when asked about an impossible event.

Move along boys... nothing to see here.

@tomsharp wrote:nothing to see here.

There never is...

@FS4Enthusiast wrote:

@tomsharp wrote:nothing to see here.

There never is...

Lol, more than once over at DV I was accused of "never bringing anything positive to the table". Well there was a damn good reason for that, there's nothing positive to bring and if anyone thinks there is I CHALLENGE them to bring it on!

@FS4Enthusiast wrote:

@tomsharp wrote:I read it. It's interesting. Not sure if it a dagger to the heart of the dinar investment but there is no denying some of the points he brought up. There indeed has been a push to bring some dealers under control. I hope they put everyone in jail that was being paid by them to pump out lies. Hope it moves swiftly and this is all comes to a conclusion this year. I need to move on. I have work to do.

If you're hoping for a 10 or 20% increase then I guess it wouldn't be a dagger in the heart.  But why on earth would anyone buy the dinar hoping for a 10 or 20% increase?  Even if you bought from a dinarian that wised up and therefore didn't pay a spread, it's still a TERRIBLE investment.

Thank God I was lucky enough to be able to retire in my early 50's from a small Oil and Gas Company but I appreciate the investment advice... I can afford a few losers.

@tomsharp wrote:


Thank God I was lucky enough to be able to retire in my early 50's from a small Oil and Gas Company but I appreciate the investment advice... I can afford a few losers.

With other investments strategies such as the Dinar I have to agree that you were indeed very lucky!

@Ponee wrote:Make yourselves at home here guys....

Thanks Ponee, Yep 007 Dinar Douchebags and BI are missed by all of us truthers. Sam was the pioneer in bringing these scumbag gurus to the light of truth. To bad they both even got rid of their archives so I can't even use their articles lol.