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Black and white questions that need answered by the gurus
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Black and white questions that need answered by the gurus
Here is a great post that a Facebook user shared on the Dinar Daily Facebook page. https://www.facebook.com/dinardailydiscussions/
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So I have been following this so called master of information for a while now through several people that are blindly following these groups thinking that everything hinges on their word. I have several black and white questions that I would love answered but even when these "gurus" can't seem to answer.
So if you think that the rates being talked about here are amazing ask yourself some simple questions....
1. If the rates are X dollars to the USD then how in gods name is that country (all the ones being used here particularly 2nd world class) going to be able to afford paying out those TRILLIONS of dollars in exchange, when said TRILLIONS of payout is more then most 1st world nations combined GDP before expenditures?? Basic math and economics folks.
2. They keep saying that there are CONFIRMED dates, but then the immediate comment being.... to which we have been asked not to disclose or talk about..... Hmmmmmm doesn't that make you wonder??
3. They all supposedly have these high ranking officials as contacts that feed this information to them but can't disclose anything about them..... Maybe these contacts don't exist because it would classified treason if they released any sensitive info about country dealings.....
4. If there were all these mass riots and such going on, don't you think that there would be some news somewhere on the great internet about it?? Very little if any for the level of searches I have done.
5. Since most of the countries that are "involved" (Rupiah, Dong, Dinar, Rial, Afhanis) have made public statements about their own currencies and the immediate future of their valuation, which by the way is direct opposite to ALL these posts, that NOTHING is going to happen to them in the next 6 months or more. Makes you wonder who's getting the wool pulled over their eyes.
These are just a few things that have been showing up that contradict almost ALL the info these so called "in touch gurus" have been able to provide. How about asking questions that go along with the basic understanding that you were taught (and have seen) as a kid that...... IF IT SOUNDS TO GOOD TO BE TRUE........
Ponee- Admin
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Join date : 2011-08-09
Re: Black and white questions that need answered by the gurus
Number one is all that needs to be asked because none of the rest would matter after answering that one! Why do people continue to say "they are lying as always and it can't happen" but then go on to say "at least not this year but maybe next"? It is not going to happen this year, next year or ANY year and simple math is absolute proof that it won't (can't possibly) happen EVER! There is absolutely no doubt what-so-ever that just here in the States alone several Trillion Dinars are in the hands of speculators and since even ONE Trillion is over ten times what Iraq has to back the currency with that means it is impossible several times over! It is, always has been and will remain impossible so why on Earth do people continue to say "maybe next year"?
These very same people who accuse the gurus of spewing nothing but lies and BS still continue to hang on to the biggest lie the gurus ever told, the one about the Dinar is going to "RV"!
I often have seen fractional banking mentioned as a way around the astronomical currency supply problem of question number one but fractional banking wouldn't even come close to making this scam possible, even if it was done on a national level it still is waaaaaay to limited to make the scam a reality!
Fractional banking is NOT a license to issue unlimited currency! In a fractional banking scenario a bank is not required to maintain 100% backing of it's deposits BUT it is required to maintain an amount to cover an estimated maximum withdrawal demand at any given time! Thus if they can realistically estimate a demand of no more than, for instance, 30% to 40% at any one time then they would need only that amount plus a buffer on hand to back deposits. The problem starts if there is a run on the bank and 50% or more of the depositors start demanding their deposits! If Iraq attempted to significantly raise the value of the Dinar there would be an instant run on their reserves as hundreds of thousands (if not millions!) of "investors" try to "cash-in" their holdings. Iraq would still have to have many, many times the reserves it has now to redeem these Dinar and that would leave them broke with zero to back any Dinar still in circulation! Fractional banking is another good way for gurus to try and sound knowledgeable but it's a BS method of backing any significant increase and just like floating the currency is also BS they full well know it!
I CHALLENGE ANYONE to explain just how Iraq could pay out enough Dollars to cover even a 10 cent RV never mind $1 to $3 or more! At a $1 "RV" there are not enough Dollars on Planet Earth to cover Iraq's entire Dinar obligations which according to their own CBI website is upwards of 90 TRILLION Dinars, even at 10 cents it would take many MANY times what Iraq has in it's reserves!
Come on now, someone explain this to us!!!!
These very same people who accuse the gurus of spewing nothing but lies and BS still continue to hang on to the biggest lie the gurus ever told, the one about the Dinar is going to "RV"!
I often have seen fractional banking mentioned as a way around the astronomical currency supply problem of question number one but fractional banking wouldn't even come close to making this scam possible, even if it was done on a national level it still is waaaaaay to limited to make the scam a reality!
Fractional banking is NOT a license to issue unlimited currency! In a fractional banking scenario a bank is not required to maintain 100% backing of it's deposits BUT it is required to maintain an amount to cover an estimated maximum withdrawal demand at any given time! Thus if they can realistically estimate a demand of no more than, for instance, 30% to 40% at any one time then they would need only that amount plus a buffer on hand to back deposits. The problem starts if there is a run on the bank and 50% or more of the depositors start demanding their deposits! If Iraq attempted to significantly raise the value of the Dinar there would be an instant run on their reserves as hundreds of thousands (if not millions!) of "investors" try to "cash-in" their holdings. Iraq would still have to have many, many times the reserves it has now to redeem these Dinar and that would leave them broke with zero to back any Dinar still in circulation! Fractional banking is another good way for gurus to try and sound knowledgeable but it's a BS method of backing any significant increase and just like floating the currency is also BS they full well know it!
I CHALLENGE ANYONE to explain just how Iraq could pay out enough Dollars to cover even a 10 cent RV never mind $1 to $3 or more! At a $1 "RV" there are not enough Dollars on Planet Earth to cover Iraq's entire Dinar obligations which according to their own CBI website is upwards of 90 TRILLION Dinars, even at 10 cents it would take many MANY times what Iraq has in it's reserves!
Come on now, someone explain this to us!!!!
dwm007- VIP Member
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Re: Black and white questions that need answered by the gurus
Excellent!
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Ssmith- GURU HUNTER
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Re: Black and white questions that need answered by the gurus
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chilimama- GURU HUNTER
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