Are we being manipulated?

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19-02-2007, 01:53 AM
scottpaye

Are we being manipulated?

I am an extreme fan of (almost) everyone's posts on this venerable thread. I am aware that our take on the currency auctions is incorrect, we have not been looking at the Central Bank of Iraq's autions of T-bills, notes and the corresponding interest rates - these are of critical importance to our calculations. Our perception of M1 and M2 are therefore inaccurate. The existence of Iraq's CBI is an attempt to replicate our "federal reserve", which is not federal, nor is it a reserve of anything. Our "federal reserve" is a privately owned bank.

I submit to my highly esteemed co-posters this: We (Dianar speculators) are being used at the highest levels of both, the US and the Iraqi governments, to fund the foreign exchange reserves for the rehab of the Dinar. I suggest further that this 'using' is on a transitory level, until such time that Iraq can come up with a functional economy who's Dinar can be valued by the market. I further believe that if the market, the 'Yazzman Rate' was what it was, why should it not return, when the market stabilizes to an even high rate (new currency, new security measures, less counterfitting).

I will appreciate any, ANY, arguements for or against my assertions.

Respectfully,

Scott Paye
19-02-2007, 02:08 AM
laurenr

Quote:

Originally Posted by scottpaye

I further believe that if the market, the 'Yazzman Rate' was what it was, why should it not return, when the market stabilizes to an even high rate (new currency, new security measures, less counterfitting).

I will appreciate any, ANY, arguements for or against my assertions.

Respectfully,

Scott Paye

Are you saying that you expect a NEW currency ( later ), or are you stating that the new currency already in use is a positive step towards the R/V we are all expecting soon ?
19-02-2007, 02:14 AM
Bubba Dinar

Yes!

Quote:

Originally Posted by scottpaye

I am an extreme fan of (almost) everyone's posts on this venerable thread. I am aware that our take on the currency auctions is incorrect, we have not been looking at the Central Bank of Iraq's autions of T-bills, notes and the corresponding interest rates - these are of critical importance to our calculations. Our perception of M1 and M2 are therefore inaccurate. The existence of Iraq's CBI is an attempt to replicate our "federal reserve", which is not federal, nor is it a reserve of anything. Our "federal reserve" is a privately owned bank.

I submit to my highly esteemed co-posters this: We (Dianar speculators) are being used at the highest levels of both, the US and the Iraqi governments, to fund the foreign exchange reserves for the rehab of the Dinar. I suggest further that this 'using' is on a transitory level, until such time that Iraq can come up with a functional economy who's Dinar can be valued by the market. I further believe that if the market, the 'Yazzman Rate' was what it was, why should it not return, when the market stabilizes to an even high rate (new currency, new security measures, less counterfitting).

I will appreciate any, ANY, arguements for or against my assertions.

Respectfully,

Scott Paye

Yes, the CBI auction rate is the shelf value. It is the lowest price available. I believe the "Real" value is what it brings on the Street. I believe this is under 1000 : 1 at this point in time. This is the Yazzman rate or the value determined by the "Big Heads" or Street vendors..
19-02-2007, 02:19 AM
rvalreadydang

Quote:

Originally Posted by scottpaye

I am an extreme fan of (almost) everyone's posts on this venerable thread. I am aware that our take on the currency auctions is incorrect, we have not been looking at the Central Bank of Iraq's autions of T-bills, notes and the corresponding interest rates - these are of critical importance to our calculations. Our perception of M1 and M2 are therefore inaccurate. The existence of Iraq's CBI is an attempt to replicate our "federal reserve", which is not federal, nor is it a reserve of anything. Our "federal reserve" is a privately owned bank.

I submit to my highly esteemed co-posters this: We (Dianar speculators) are being used at the highest levels of both, the US and the Iraqi governments, to fund the foreign exchange reserves for the rehab of the Dinar. I suggest further that this 'using' is on a transitory level, until such time that Iraq can come up with a functional economy who's Dinar can be valued by the market. I further believe that if the market, the 'Yazzman Rate' was what it was, why should it not return, when the market stabilizes to an even high rate (new currency, new security measures, less counterfitting).

I will appreciate any, ANY, arguements for or against my assertions.

Respectfully,

Scott Paye

You brought up a valid scenario, but, in my opinion, it wouldn't be cost effective to print new money, and from what we've read in the past, all security measures possible have been taken to ward off counterfeiting, though i don't beleive that any currency is 100% safe from that happening. As far as using us, LOL, they can use me all they want as long as I get wealthy at the end of this looooong bumpy ride!
19-02-2007, 02:23 AM
scottpaye

Quote:

Originally Posted by laurenr

Are you saying that you expect a NEW currency ( later ), or are you stating that the new currency already in use is a positive step towards the R/V we are all expecting soon ?

An extremely good friend of mine, a member here, suggested this investment to me some year or two ago. I listened to his arguement in favor of it, then looked at the facts on a macro basis and could not argue him down because he was correct. This cannot fail. I was further brought to my intellectual knees when he recited the facts. He was, again, correct.

When it's going to happen is an someones assertion, I have made enough of those. The fundemantals are all here. It will happen, in my firm belief. When? The answer is an .... .

As for my credibility, watch gold. I guaranty you, as a gentleman, that it will rise, for a number of reasons. If the US goes to war with Iran, it will rise dramatically.

Respectfully,

Scott Paye
19-02-2007, 02:33 AM
scottpaye

Quote:

Originally Posted by rvalreadydang

You brought up a valid scenario, but, in my opinion, it wouldn't be cost effective to print new money, and from what we've read in the past, all security measures possible have been taken to ward off counterfeiting, though i don't beleive that any currency is 100% safe from that happening. As far as using us, LOL, they can use me all they want as long as I get wealthy at the end of this looooong bumpy ride!

In no way do I suggest a reprint. A reprint would undermine everything these people are trying to accomplish.Thanks.

Scott Paye
19-02-2007, 05:05 PM
terry853

Scottpaye that was a very interesting post. It seems to me that even with all the great info found by the many info sleuths of this and other forums we are still missing something. There are a lot of very smart and experianced people calling the shots on what goes on in Iraq. I know for a fact that the American military war games every possible scenario for any conflict they are engaged in. How could they appear to be so far off the mark in Iraq. Concerning your comment about Iran. The MSM are now doing what they do best and blathering on about possible war with Iran. Patriot missiles, carrier battle groups, British mine sweepers, the list goes on. All heading to the middle east. It makes one think. More and more info about internal troubles in Iran coming out. Apparently they hung the man they claim was responsible for blowing up the bus and killing some Iranian soldiers last week The man was hung in public at the spot of the bombing. Was it the right man? Doubtful!! But it seems internal dissent is rising in Iran. Probably backed by Saudi money. War with Iran would put a definate hold on our investment so gold would no doubt be a good place for anybody with some extra cash to put it. Any way thanks for the thought provoking post.
27-02-2007, 02:33 AM
scottpaye

Quote:

Originally Posted by terry853

Scottpaye that was a very interesting post. It seems to me that even with all the great info found by the many info sleuths of this and other forums we are still missing something. There are a lot of very smart and experianced people calling the shots on what goes on in Iraq. I know for a fact that the American military war games every possible scenario for any conflict they are engaged in. How could they appear to be so far off the mark in Iraq. Concerning your comment about Iran. The MSM are now doing what they do best and blathering on about possible war with Iran. Patriot missiles, carrier battle groups, British mine sweepers, the list goes on. All heading to the middle east. It makes one think. More and more info about internal troubles in Iran coming out. Apparently they hung the man they claim was responsible for blowing up the bus and killing some Iranian soldiers last week The man was hung in public at the spot of the bombing. Was it the right man? Doubtful!! But it seems internal dissent is rising in Iran. Probably backed by Saudi money. War with Iran would put a definate hold on our investment so gold would no doubt be a good place for anybody with some extra cash to put it. Any way thanks for the thought provoking post.

Intersting post. I would challenge your assertion that Saudi money was invlolved since the Saudis are generally speaking, wahabis with no sensitivies to any shiites, what so ever.

This sectarianism is not the norm - it is like Black chicks being with White guys, here. Many may not like it but we all realize that people are people. The same is so in Iraq - Sunnis are marrid to Shiias and vica versa. This "sectarian " bullshiit is being fomented by outside mooslime forces intent on destroying these people's opportuniy at freedom from the oppression of the Monkey Dictators and their Monkey followers. They are monkeys, feed them a peanut and they will jump and sing like any other MONKEY. Like any other MONKEY - MONKEY!