**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 . . .
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18-01-2007, 03:24 AM #1
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RollsRoyce Post. neno moved it here.
Last edited by RollsRoyce; 18-01-2007 at 03:41 AM.
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