InvestorsHub Logo
Followers 2
Posts 1353
Boards Moderated 0
Alias Born 10/16/2006

Re: AUdad post# 17336

Thursday, 07/03/2008 7:07:17 PM

Thursday, July 03, 2008 7:07:17 PM

Post# of 29692
Look at the last 20 or so posts. Most are personal attacks against me. I have not reported one of them. I have never reported posts for TOS with the exception of one time I went through and reported 6 or 7 at the same time to make a point. I could care less about personal attacks on here.
I am DaveDinar. I posted on IFF but I certainly never pumped dinar. I bought into the dinar blindly thinking it was going to happen at any second... sound familiar. At the time, most on IFF were hoping for a penny reval. 10 cents per dinar was laughed at as being crazy, but hey... we dreamed. It was months later when a group called the Fab 5 started these crazy rumors of a 40 cent reval. Then they stretched it to 1:1. That's when people really started digging into facts. Could those numbers, 40 cent, 1 dollar... could they be possible. Once the m2 numbers were discovered, it was over. The fight was on. The m2 guys against the pumpers. The m2 guys gave up or got banned, the pumpers ruled.
There are about 200 currencies in the world. Most you've never heard of. I researched about a quarter of the worlds currencies. Compared their M2 numbers to the GDP and foreign currency reserves. There was a very identifiable trend. Countries with Trillions for a M2 number, like Iraq, had a very low/bad exchange rate with the exception of the dollar and the euro. But they are both supported by 12 or 13 trillion dollar a year economies. Iraq's economy is 1000 times smaller, that's why with trillions in M2 they have an exchange rate 1000 times lower than the euro or dollar. Iraq has to do one of two things if they want a 1:1 exchange rate. They either have to increase their economy up to 10 to 12 trillion. Which is obviously not going to happen within the next 100 years if ever. Or they have to reduce their M2 buy 1000 times. There is a very except able mechanism to do this. It's been done 70 times in recent history and it is what Iraq will do if they want to return to a 1:1 (or close) exchange rate.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.