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Can you handle the truth that the RV is not going to happen?

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Post by RamblerNash Sun Apr 17, 2016 5:04 pm



Is everybody's position that the RV is going to happen that they are afraid to challenge Kenny with their unprovable intel? Can you handle the truth that the RV is not going to happen?




CALL IN & VISIT WITH KENNY & MYSELF TNTBS!!!

THIS SUNDAY 4/17/16 7PM EST (641) 715-3570 PIN 875545#



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Post by Sandnsea Sun Apr 17, 2016 6:18 pm

I would love to hear Bill call in to state his position, if he has the guts. He's a bully in hiding. Here's his chance to go public.

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Post by RamblerNash Sun Apr 17, 2016 6:28 pm

Have you seen the Cult tactics they are using in the above 2 threads? LMAO


They tell people what to think and they do!!!

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Post by Sandnsea Sun Apr 17, 2016 6:35 pm

Yep, they constantly apologize to Bill. I don't get that

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Post by Sandnsea Sun Apr 17, 2016 6:38 pm

I think he plays on women with daddy issues.

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Post by RamblerNash Sun Apr 17, 2016 6:42 pm

Sandnsea wrote:Yep, they constantly apologize to Bill. I don't get that


They are weak. They don't want to risk being banned!

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Post by Sandnsea Sun Apr 17, 2016 7:45 pm

WSOMN CHAT UPDATE, 17 APRIL
AdminBill: I WANT TO TAKE MINUTE TO THANK ALL PAST AND PRESENT HOSTS AND MODERATORS HERE AND ELSEWHERE. I DO NOT INTENTIONALLY BURN BRIDGES JUST BECAUSE WE DO NOT SEE EYE TO EYE. I WISH EVERYONE WELL THAT IS SHARING THIS JOURNEY. JUST THINK OF ALL WE HAVE LEARNED FROM MARTHA, WOLFY, TANK, IKO, GERRY, BODI, TONY, RAYREN AND SO MANY MORE. MAKE THIS A DAY TO RECONNECT SO WE CAN ALL MOVE FORWARD TOGETHER.

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Post by Jayzze Sun Apr 17, 2016 8:59 pm

shame shame on all of you for telling the sheep no rv better yet how will the scammers i mean gurus be able to scam if no rv
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Post by Sandnsea Sun Apr 17, 2016 9:06 pm

Great Call

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Post by Ponee Sun Apr 17, 2016 9:18 pm

I have to get home in time next time.... I want to do the transcription. 

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Post by Terbo56 Sun Apr 17, 2016 10:40 pm

omg Transcription? Most peeps that have dinar that hear this will want a 'prescription' for 'Scruitol', and then the next big one will be '###citol'-
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Post by Ssmith Mon Feb 27, 2017 8:29 pm

Sandnsea wrote:Great Call

Maybe it's time to do another one!

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Post by Ssmith Tue Jun 06, 2017 11:20 am

Sandnsea wrote:I would love to hear Bill call in to state his position, if he has the guts. He's a bully in hiding. Here's  his chance to go public.

Sandnsea wrote:Yep, they constantly apologize to Bill. I don't get that

Sandnsea wrote:I think he plays on women with daddy issues.


It's a shame to see people lose themselves when they fall into the WSOMN cult mentality.

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Post by Scotchie Tue Jun 06, 2017 12:13 pm

SSmith

Thanks for all you find.

You are a great asset to this thread.

Scotch

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Post by Ssmith Tue Jun 06, 2017 12:57 pm

So are you.  Glad you found us!

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Post by Purpleskyz Tue Jun 06, 2017 2:13 pm

Sweet!!

I will post this on OOM also!

Thanks Nash! and thanks to all the guru hunters that call it like it really is!

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Post by roxy22222222 Tue Jun 06, 2017 9:47 pm

Ssmith wrote:So are you.  Glad you found us!


Scotchie I'm glad you found us as well! You are in the right spot now!
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Post by DOWN THE RABBIT HOLE Wed Jun 07, 2017 1:10 am

THOSE WERE THE DAYS MY FRIENDS I THOUGHT THEY WOULD NEVER END WE USED TO SING AND DANCE FOREVER AND A DAY WE'D LIVE THE LIFE WE CHOOSE WE'D FIGHT AND NEVER LOSE FOR WE WERE YOUNG AND SURE TO HAVE OUR WAY
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Post by Allenj Wed Jun 07, 2017 3:07 am

Well nash i have to disagree "no offense" but from what i have seen most people that make comments like NO RV really don't understand what a revalue or RV is so what the question is what is it 

 verb (used with object)revalued, revaluing.
1.
to revise or reestimate the value of:
efforts to revalue the dollar.

2.
to value again.


as you see it isn't what the gurus think this is but, that does not mean their is no such thing as a RV, this is why i don't believe in a RV i do believe in a reinstatement  of the currency Kuwait did in (around) 1992 i think it was so a RV or revalue is nothing more than a reestimate or to value again in other word if it changes the rate it does not matter if it changes by 0.00000000001 or .50 or even $1 why is this call a RV because it is only a change in the rate can a rv happen YES why because it only a change in the rate i wish people would stop saying their is no such thing as a RV 


reinstated, reinstating reinstatement.
to put back or establish again, as in a former position or state:

so now i hope anyone that read this will understand why i believe in a reinstate rather that a rv




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Post by Sam I Am Wed Jun 07, 2017 4:07 am

Allen you're using a dictionary definition of revalue, not the investment definition.  When the word is used regarding currencies it means to raise the value of a pegged currency.  That happens from time to time, but it's never more than 20% or so.  Sure, Iraq could raise the value a few % here and there, and in fact they've done that in the past.  But there's no reason to expect them to raise it any more than that. 

The reinstatement of the Kuwaiti dinar was a unique thing, because their country was under occupation and Saddam replaced their dinar with the Iraqi dinar until Kuwait was liberated.  Then the Kuwaiti dinar was reinstated at the same rate as it was prior to the invasion.  That's nothing like the situation in Iraq.  Iraq's currency was at $3 or more back in the early 1980s before the war with Iran, but by 1995 it had lost so much value that it was exchanged at 3000 dinar to the dollar. As it was losing value the money supply went from billions to trillions.  That's why Iraq needs to redenominate.  There is absolutely no way that they could revalue back to where the dinar was valued 35 years ago.  That's what I think Nash was referring to.

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Post by RamblerNash Wed Jun 07, 2017 4:31 pm

Allenj wrote:Well nash i have to disagree "no offense" but from what i have seen most people that make comments like NO RV really don't understand what a revalue or RV is so what the question is what is it 

No offence taken. My use of the term "RV" is related to what the Gurus are saying about it. i.e. an overnight spike in the rate of the Dinar and other currencies.

 verb (used with object)revalued, revaluing.
1.
to revise or reestimate the value of:
efforts to revalue the dollar.

2.
to value again.

If your going to use that definition, it means that it can increase or decrease. Lately the dinar has "revalued" several times in the past 2 years. The CBI has lost a substantial amount in their reserves to back their currency.


as you see it isn't what the gurus think this is but, that does not mean their is no such thing as a RV, this is why i don't believe in a RV i do believe in a reinstatement  of the currency Kuwait did in (around) 1992 i think it was so a RV or revalue is nothing more than a reestimate or to value again in other word if it changes the rate it does not matter if it changes by 0.00000000001 or .50 or even $1 why is this call a RV because it is only a change in the rate can a rv happen YES why because it only a change in the rate i wish people would stop saying their is no such thing as a RV 


reinstated, reinstating reinstatement.
to put back or establish again, as in a former position or state:

so now i hope anyone that read this will understand why i believe in a reinstate rather that a rv

The situation between Kuwait and Iraq are completely different.

If your looking for a reinstatement, like Kuwait, then there must have been a "state" to begin with. Iraq has not had a "state", like Kuwait to begin with.

Isn't that interesting?



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Post by kenlej Sun Jun 11, 2017 3:18 pm

Kuwait redominated not revalued That's been one of the main lies the gurus has used to get people to buy Iraqi Dinar. That was the main reason Marcus Curtis bought into the RV and he's got a great article on the Kuwaiti RD
https://iraqcurrencywatch.com/2014/07/23/the-kuwaiti-dinar-never-revalued/
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Post by kenlej Sun Jun 11, 2017 3:30 pm

As u can see here the Kuwaiti Dinar never lost value internationally. If u were lucky enough or really "unlucky" to be in Kuwait when Iraq attacked them u could of made $$ paying the Kuwaitts USD probably cents on the Kuwaiti Dinar to the people who was escaping because they didn't want their family raped or murdered then turn them in when they redominated but it's a fallacy that their dinar lost value It was worth more then then it is now.......
Can you handle the truth that the RV is not going to happen? Kwd_ag11

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Post by Sam I Am Sun Jun 11, 2017 6:17 pm

Hey Kenny!  Good to see you again, and thanks for the chart.  Let me explain this for those who aren't familiar with how it works.  "Fils" are like very small denominations worth 1/1000 of the currency's value.  As you look at this chart, you'll see that in 1986 the Kuwaiti dinar was worth 290 fils to the US dollar.  So 1000/290 would equal about $3.45 in 1986, and in 2008 1000/270 means that the Kuwaiti dinar was worth about $3.70.  Although the chart doesn't show the last nine years, today its value shows about $3.29.  So as you can see it went up for awhile and has now come back down, fluctuating between $3.25 and $3.70 over the past thirty years.

The important thing to take away from this is that in the two years after Desert Storm in 1991, the Kuwaiti dinar went from 290 fils ($3.45) to about 300 fils ($3.33), so it actually declined against the USD before it started gaining value again after 9/11 in 2001.  And of course, at no time on this chart do you see the official value dip down below 10 cents as the gurus say it did.  While Kuwait was occupied the black market rate was all over the place because the future of Kuwait and its currency were in question, but at no time did the Central Bank of Kuwait set their dinar's value anywhere below $3.25. 

It's important to note that the KWD isn't traded on forex, so all of the trading would have to be bank to bank or cash.  Since 1986 the Kuwaiti dinar has been through several revaluations and devaluations of a nickel or dime here and there, and there were two redenominations, but at no time was there ever a scenario that could have made any speculator rich.  Another guru lie.

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Post by Scotchie Sun Jun 11, 2017 7:04 pm

Kenny, you are correct.

One of our members, Shlomo, was in Kuwait when it redenominated.  It did not revalue, as he will tell you.

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Post by Harold4187 Sun Jun 11, 2017 9:06 pm

Sorry just another hes been like medic.
Knows nothing

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Post by kenlej Mon Jun 12, 2017 3:00 am

Hello Sam Thanks for explaining the chart, I really thought the higher Fils made it worth more but since u explained it now I see it lol. I've been trying to awaken people now to the politics of the season we're in now. The RV BS can wreck a family but the politics can destroy our planet. It's a crazy time to be alive but that's why I'm here
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Post by Sam I Am Mon Jun 12, 2017 9:28 am

No problem, Kenny.  I first saw this chart when somebody posted it at my blog, and I couldn't understand it.  I knew it was official because it came from the Central Bank of Kuwait's website, but I didn't see how it worked with the numbers I saw on XE.com.  Then I read about fils and did the calculation and the numbers came out right.  Fils are a weird concept to us Americans, but you won't understand their charts until you understand them. 

One more thing.  The Kuwaiti dinar was pegged to a basket of currencies from 1975 until 2003 when they started pegging to the US dollar.  Then in 2007 they started pegging to a basket of currencies again.  That explains the upsurge in the KWD from 2007-2008 and the greater volatility since then in the aftermath of the financial meltdown of 2008.

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