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FACING THE REALITIES - TD speaks out on the RV, GURUS and DINARIANS

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Post by Ponee Sun Oct 20, 2013 10:52 am

TD has sent us another Dinar Daily Exclusive on his/her thoughts about the RV, Gurus and the daily hopium. We receive these exclusive posts from TD because he/she knows that as a dinar site, we are open to the realities of this investment and do not thrive on the GURU'S daily doses of hopium. (We wear big boy and girl pants). I welcome TD's openess and grounded thoughts. You may or may not agree with TD's analysis of the RV progression. If your thoughts are different, please engage in a legitimate exchange of ideas.  Please read below for TD's take on the current status of our investment. He/she is not afraid to say what others don't want to hear.

*****************************
Yesterday I made a post on Dinar Guru which I see was also posted here. (Dinar Daily). It was the kind of post nobody really wants to read (including myself) and I got calls & emails from other dinarians depressed . Friday night I had had a long chat with my source and again yesterday afternoon to confirm the details.

Today's post is only for your forum.

My understanding to what has transpired leading to my post yesterday is that there was a plan in motion to introduce the IQD leading up to last weeks Central Bank's meeting in Washington. The time frame was here in October (don't know exactly the date). The IMF's stance was that if Iraq ( a sovereign nation) wanted to go then they would be supportive with that decision and would help out as necessary. As I reported yesterday though the IMF also expressed hesitation on timing of release indicating to CBI members that still much progress in areas of Political Stability, transforming the Banking industry into a more robust private sector, more modernization of banking technology and more economic diversification ( producing more goods & services) and encouraging much needed foreign capital & investment are areas of work needed. They also expressed improvement in security and becoming a tourism friendly nation. All these points combined (says the IMF) is a recipe for a platform of a introduction and SUSTAINABLE strong world currency.

With this information in hand, the CBI members returned home in consultation with economists and lawmakers and the consensus now is to WAIT. There had been many economists and CBI members promoting this recipe for success for some time anyway. There is another camp (including Maliki) who wanted immediate introduction (with high numbers BUT NOT THE RIDICULOUS $20+ some have been proposing).

Most of the details of what I just laid out has been drafted for some time in the Economic Reform Law which I believe will be passed this week and then real work on it's details will be rolled out and YES it will take many, many months to see results. As most all politicians, the lawmakers are hopeful that MOST of these components will be off & running by next years elections and introduce the IQD then and of course score political points before elections. They are still hopeful for June 2014 completion dates BUT these are challenging goals in light of the much still needed work to be done.

So this is quite the contrary view being shouted out that the IMF is in control, the UST is in control, that this IS NOT ABOUT IRAQ as many who believe. As we are seeing through delays that this argument as we proceed into Winter, then next year, just doesn't hold water. IRAQ IS INDEED IN CONTROL OF THEIR DESTINY and NO other country or 3 letter organization is going to be responsible for possible failure . The main issue of SUSTAINABILITY of a nations currency is the platform of strength of the country and the points I've outlined (been told) as political stability, economic growth , banking & investment strength are the building blocks of stability. The IMF has said apparently , sure do what you want , when U want to BUT you are responsible for the consequences. The consequences of not doing it right is putting your stock market, your economy at risk of tanking. So there is much at risk and this needs to be done properly.

Let's face it, take a step back & look at Iraq carefully. It took ten years so far just to exit Chapter 7 and this new, reborn nation still has much too do in terms of development. Again SUSTAINABILITY is the key, not just introduction.

I know this is not what we dinarians want to hear ( and me included!) BUT it does make sense and I believe now that this is the path Iraq will take.

The naysayers can still believe the pumpers and that "this is out of Iraq's hands" but I'll tell you with sense that this is Iraq's show and their country to build and enter the world arena. NO ONE is going to force the issue. NO ONE is going to wave a magic GCR wand and Iraq has a $20+ rate. As you folks say at DD "people are drinking too much kool aid". Well try drinking some water instead and maybe you'll come to your senses.

Also I want to address this "out of control" , religious overtones that over shadows Dinarland on a daily basis. While I respect religion I just don't see the connection of this as a "blessing". It's a C/E !! And I equate constant prayer of becoming wealthy as the same as going to a casino and praying to God. REALLY !! I happen to believe God has much more important issues to deal with such as world hunger, disease , drinkable water & shelter, medical needs, etc. and many DINARIANS are praying to be wealthy ??? Give me a break !! Let me make this revelation to you religious fanatics : GOD HAS A MUTE BUTTON and you are wasting your time. Another is "this is in God's hands, his perfect timing". And what God is to blame for all those dinarians so far who have lost their homes, cars, jobs, etc. I think not. God gave mankind all tools necessary, a brain and FREE WILL. Simply( believe it or not) we are dependent on Iraq's to get their country developed & in order and nothing short of that will enable the conclusion to this speculative investment. And lastly, this belief that "if we just bless these intel Gurus everyday (for being wrong) that somehow "WE WILL FORCE THIS ISSUE TO OUR DESIRED CONCLUSION" . Yeah right !! Only in Dinar land have I seen such stupidity of following false prophets day after day of them being wrong. Dwight Eisenhower once said "there's no ultimate answer on how dumb a person can be". Many dinarians are the epitome of that statement. Wake up and show some smarts !! Stop blessing these idiots !! Go find a job, go find a way to save your home. Leave Religion out of this. It is a personal and humble part of your life and not to be advertised wrongly. Don't cheapen yourself and show some respect to others of different faiths by not promoting your agendas upon others. One site in particular is notorious for pushing their agendas upon people and it is really despicable !!

Regards, TD

*****************
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Post by DinarPhoenix Sun Oct 20, 2013 7:23 pm

Thanks for the update TD! Be careful though, you may have some gurus and their followers attacking you in dark alleys.  They don't like their little world being poked at with the spears of reality. 
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Post by Jayzze Sun Oct 20, 2013 7:35 pm

thats a  nice piece and as usual td you change like the wind. the imf world bank wto us england and others  have been helping there system and they have made leaps and bounds and they are ready. one of the latest is western union to come on board. while they may not have rhe best system it is more advanced now then many other  countries. the next step is to have some sort of currency to move foward. if you people read bond lady  you would see where i am going. td could be right about june but not for his reasons but i doubt it will be sooner
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