Luvmyguru: Illegal trading on the back screens? I read that the PTB has been illegally trading dinar on the Forex, making billions each day this is delayed. I was wondering if they are doing this clandestine activity for the dinar why not do it for the other currencies (dong, rupiah, zim) as well? They could make trillions in one day. I know nothing about Forex trading. Can anyone answer this question?
Donk: The bond guy said they are trading dong on forex trading and they are making billions
Benm: Common sense will tell you this is not true. First, the dinar has no value and is not traded on Forex. And certainly not secretly, behind the scenes. Any Forex trader will tell you this cannot be done. And think of this: even if you could secretly buy it, who would you sell it to? Especially at the profit levels you are speaking of? And also think of this: anyone with the connections to secretly trade a worthless currency would be savvy enough to make a killing on open, legal trading. Bottom line, it ain't true no how no way.
Camdoc: I am not at all sure that you are correct. If the dinar has RV'd, or RI'd, then it DOES have a value, even if that value has not been publically accepted.
I think that this is the basis of the delay, that there IS a value, but those in charge do not want it to go public, because they are taking advantage of the difference in private price and public price to make a killing.
That is what is called insider trading: If a public company makes a decision that will change the value of their company, and those who know of that decision privately act on it before the information goes public. I think that has been happening all along, at least since December, and the RI has made it even more lucrative, since there is a definite private event which did impart greater value to the currency than what is publicly acknowledged.
And consider what Okie and others more involved in FOREX trading have said, that there is a difference between what you see on the PRIVATE, PAID SUBSCRIPTION FOREX screens, and whose which are free and public. That could certainly contribute to this situation.
And is it not also possible that there is ANOTHER level of PRIVATE bank screens which is even more revealing than public FOREX and subscription FOREX? I think that it is very likely that this is true.
There is a definite difference in the law between what happens privately and what happens publicly which you should perhaps educate yourself about.
I agree with TNMan, the "bond man" made a lot of sense, seemed knowledgeable, and I would love to see his screen shots as well.