Sunday, March 07, 2010 3:23:42 PM
My motivation?
Just trying to give people some hope...thats all.
When we first started this board and started our initial DD on the IQD we were getting most of our data from documents and past news from the US Treasury the UN, the Dept of State, the World Bank and the IMF but then someone found that there were "Dinar forums" on the web.
So we started to read them and even post a little on them. What we found was that many of these "Dinar forums" were not real investment forums but were spin offs of multi level marketing forums (MLM).
They seemed to be populated with a lot of people who had migrated from one MLM scam to the next and it seems that 99% of all of these "dinar forums" were just started as the next thing to get into.
It is still apparent that some of these dinar forums still work off of this format and still host a myriad assortment of MLM scams but use the IQD as a draw to their forums.
Anyway I myself became fascinated by this eclectic mix of people (young, old, poor, rich) who had gotten involved in the IQD on these forums and saw from the get go that true and factual DD was near non existent on most and most were 100% rumor driven.
Now as most real investors know the markets are driven at times on rumor and the ability to take a rumor for what it is and to not get emotionally swept up into the rumor is vital to sound decision making (trade with your mind not your heart).
It was evident on the "Dinar Forums" that this basic lack of understanding of the nature of speculative investing and the inherent dangers there of was sorely lacking and most who were involved became involved with little to no due diligence.
Now as you know that can only lead to one thing and that is emotional volatility that rises like a wave with every passing rumor. (More like a roller coaster for some)
Seeing that most of those involved had no idea of the true potential of just what they held and the possible ramifications it could have on them and their families I jumped in and tried to help with some of the basic DD and realities of the situation.
Well I became very involved and saw that much of the "rumor" was based upon false information being seeded onto those forums from Dinar dealers and those who pump for them and this has gotten worse over time and most of the forums are not free but now have paid memberships to some sections or many now have launched into selling books and a "Pay pal" button can be found on most of those sites.
Now I am all for making money but to me it appears that some of that is borderline exploitation of those who are only looking to better themselves and in today's rocky unsure economic situation and to me that is not cool.
Sure, during the gold rush of 1849 there were those who made money by selling $100 shovels and $15 loaves of bread to the miners but the miners were paying in gold nuggets and until this plays out the gold is yet to be seen.
So that was it for me...i tried to give hope to the hopeless all based on what I know and what I have found from my own DD (yes i put my money were my mouth is) but I also invested in way fitting for something so speculative and dangerous but many of the "dinar forum" investors did not think before they took the leap and are now in emotional turmoil.
Anyway...I think all information and DD should be shared for free and made available for all.
There are some good investigative dinar forums out there and some very good finders of facts AND there are some good rumor sources but with the rumors this stuff is so classified even the well placed have a hard time getting accurate and dependable information which makes the situation fluid at all times.
So anyway I bailed on the "Dinar Forum" thing to get back here to where I stated this investment and the core of our DD but still the emotional investors who have jumped in with few facts and zero DD remain. I just hope i have been of some help and have given some hope to some of those who needed it.
Because IF this thing RVs the way I and others think it is about to...it will change the lives of many people in this nation and for the first time give some people a true chance at success and freedom from the poverty that for some has been the norm for generations.
There are people who are holding Iraqi Dinar right now who are the descendants of immigrants who came to this great nation seeking the American dream to find not the dream they sought but hard labor and a days wage.
They built the railroads, they dug the coal they worked the mills and for generation after generation they have struggled to archive the dreams their fathers sought and fought so hard for to only find the chance slide further and further away.
I hope and pray that for some this investment finally gives to them and their families the dream sought by their great grand fathers and great grand mothers that they may finally get that chance at the American dream.
So this phenomenon has a chance of changing the lives of many and of also revitalizing our economy for a while and that is what I hope we all see very soon.
IMHO!~
Best of luck to ALL who hold IQD.
Go DINAR!~
Just trying to give people some hope...thats all.
When we first started this board and started our initial DD on the IQD we were getting most of our data from documents and past news from the US Treasury the UN, the Dept of State, the World Bank and the IMF but then someone found that there were "Dinar forums" on the web.
So we started to read them and even post a little on them. What we found was that many of these "Dinar forums" were not real investment forums but were spin offs of multi level marketing forums (MLM).
They seemed to be populated with a lot of people who had migrated from one MLM scam to the next and it seems that 99% of all of these "dinar forums" were just started as the next thing to get into.
It is still apparent that some of these dinar forums still work off of this format and still host a myriad assortment of MLM scams but use the IQD as a draw to their forums.
Anyway I myself became fascinated by this eclectic mix of people (young, old, poor, rich) who had gotten involved in the IQD on these forums and saw from the get go that true and factual DD was near non existent on most and most were 100% rumor driven.
Now as most real investors know the markets are driven at times on rumor and the ability to take a rumor for what it is and to not get emotionally swept up into the rumor is vital to sound decision making (trade with your mind not your heart).
It was evident on the "Dinar Forums" that this basic lack of understanding of the nature of speculative investing and the inherent dangers there of was sorely lacking and most who were involved became involved with little to no due diligence.
Now as you know that can only lead to one thing and that is emotional volatility that rises like a wave with every passing rumor. (More like a roller coaster for some)
Seeing that most of those involved had no idea of the true potential of just what they held and the possible ramifications it could have on them and their families I jumped in and tried to help with some of the basic DD and realities of the situation.
Well I became very involved and saw that much of the "rumor" was based upon false information being seeded onto those forums from Dinar dealers and those who pump for them and this has gotten worse over time and most of the forums are not free but now have paid memberships to some sections or many now have launched into selling books and a "Pay pal" button can be found on most of those sites.
Now I am all for making money but to me it appears that some of that is borderline exploitation of those who are only looking to better themselves and in today's rocky unsure economic situation and to me that is not cool.
Sure, during the gold rush of 1849 there were those who made money by selling $100 shovels and $15 loaves of bread to the miners but the miners were paying in gold nuggets and until this plays out the gold is yet to be seen.
So that was it for me...i tried to give hope to the hopeless all based on what I know and what I have found from my own DD (yes i put my money were my mouth is) but I also invested in way fitting for something so speculative and dangerous but many of the "dinar forum" investors did not think before they took the leap and are now in emotional turmoil.
Anyway...I think all information and DD should be shared for free and made available for all.
There are some good investigative dinar forums out there and some very good finders of facts AND there are some good rumor sources but with the rumors this stuff is so classified even the well placed have a hard time getting accurate and dependable information which makes the situation fluid at all times.
So anyway I bailed on the "Dinar Forum" thing to get back here to where I stated this investment and the core of our DD but still the emotional investors who have jumped in with few facts and zero DD remain. I just hope i have been of some help and have given some hope to some of those who needed it.
Because IF this thing RVs the way I and others think it is about to...it will change the lives of many people in this nation and for the first time give some people a true chance at success and freedom from the poverty that for some has been the norm for generations.
There are people who are holding Iraqi Dinar right now who are the descendants of immigrants who came to this great nation seeking the American dream to find not the dream they sought but hard labor and a days wage.
They built the railroads, they dug the coal they worked the mills and for generation after generation they have struggled to archive the dreams their fathers sought and fought so hard for to only find the chance slide further and further away.
I hope and pray that for some this investment finally gives to them and their families the dream sought by their great grand fathers and great grand mothers that they may finally get that chance at the American dream.
So this phenomenon has a chance of changing the lives of many and of also revitalizing our economy for a while and that is what I hope we all see very soon.
IMHO!~
Best of luck to ALL who hold IQD.
Go DINAR!~
Disclaimer: Do not buy or sell any stock, currency or commodities
based upon this post or any of my post. Please do your own due diligence and the best of luck to all!~
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