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    Default RollsRoyce Post. neno moved it here.

    Quote Originally Posted by worf View Post
    Thanks Wm.

    Elfwizard wrote: One problem, Like I have said a hudred times before. You have no idea how many dinar are going back out. Its not all intake.

    My response to that is, something must be happening look at all of the reports of dinar drying up everywhere. Even the banks and many dealers can't seem to fill the orders. That to me would indicate that indeed the dinar supply is drying up.

    worf
    **Sorry this is quite long**

    I would like to add to this . . . [ & with some observations from yesterday on the ground in Kurdistan - find below ] . . . but first I would like to know how Elf is so sure large amounts of Dinar are getting back into their system . . .

    The CBI is the name on the notes . . . if they are only selling dollars and receiving Dinar in exchange == *to me* that means that the supply faucet is *off* from the source . . . No one can state for 100% sure that their aren't holdings outside of the CBI = that's where the notes they keep buying @ this huge amount are coming from . . .

    That's the basis of Prof. WmK's comments . . .

    If you are talking about the *famous* M1 & M2 type numbers . . . please / and I repeat / please to be polite = remember that even the acuracy of our own USA M1 & M2 numbers are universally distrusted by economists here . . . no body is ever sure they aren't 3-15 months old / & behind and might include $1,000. Hammers, & $5,000. toiled seats . . . or some other very odd value items . . .

    Many months ago I had a debate with PsychoGerm & Dave Dinar re: this same subject / In the past when we discussed our US M1 & M2 we used the term *acrual* as we discussed the basis for their assumptions . . .

    With all due respect to you elf if you have a link & / or a basis & numbers for the dinar you & any of your cronies think are flowing back into circulation please either pm them to me or put them out here in open court . . .

    Now news / & some of this backs up the drying up scenerio . . .

    #1) = Indira is still in Kurdistan . . . I have ordered her to go to Baghdad / sneak into the CBI / & hide out under the conference table = = = you can imagine what she told me to do with my order . . .

    #2) = In between helping with her Uncle she did cajole her brother into doing a little street sniffing . . . In the medium size town near Arbil where they live 10 of the 15 street currency exchangers are out of bus . . . and the rest can only get big bills / & their exchange rate is between 925 & 975 ( so still an average of 950 ) . . . remember = this is 3rd hand info . . .

    #3) I also asked her brother, {who is the one with the bank employee girlfriend}, to have his next *rendevoux* with her in the safe / & while keeping her busy with one hand to shoot some digital photo's of the smaller denoms & send them to me . . . I think he's still LOL about my request . . . but he is a clever fellow / so we will have to see . . .

    #4) As all the Kurd regional gov't has left town for their 3 wk delayed break IMO they have finished all law work . . . sent it to Baghdad & expect it to be finished . . . we'll just have to wait and see . . . we heard from the Uncle that he thinks they attached a footnote / or an adendum / or what I might call a codicil to the package making if abundently clear that The Kurdish region expects a reval / and soon / and at an amount of .98 Euro or higher . . .

    This of course is not binding but could carry some weight . . .

    Oh= and by the way / still no talk of / or sign of / the 10K . . .

    Best to all . . . RR . . .

    (P.S.) Anyone who wants to Copy / paste / & relocate / & move this / you have my permission / but keep it in a rumor sectyion . . . I don't want to be banned for an unfortunate move location . . .
    I'm gonna go out on my deck and smoke a cigar . .

    OOps / I thought I was posting this in a rumor thread / please move mods / if you wish . . .
    Last edited by RollsRoyce; 18-01-2007 at 03:41 AM.
    Φ Iligitimi Non Carborundum Φ....

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