Originally Posted by jackp: Stryker, what’s your opinion on the TV show with the so-called currency expert? Didn't have very encouraging info.
Stryker: First off when a news agency starts off by saying that the BBB and others are calling it a scam that alone should tell you that this news agency can't even read those institution's comments correct. They are saying to watch out for those that will scam you in buying the dinar by feeding you garbage (BS) or the ones that have sold people the dinar and the ones buying it never received it, not that the dinar itself is a scam. The dinar is a real currency with real value.
I will listen to the complete video that is a follow up of the one last month when I have time but folks I have heard all these type of misleading half informed reports over the years and they are all the same. Report only the part of the story that says scam and that have drama for ratings and not the complete story.
The expert, if he is the same guy that I have seen before is saying that there will not be a world currency reset I agree. I too believe there will not be a world currency reset as told by the many gurus but yet an adjustment made per the IMF & White House which states for all emerging and developing countries to be more flexible on the exchange rates, don't go up more than you can prove and not to go down more than that country needs too. Letters from the IMF and the White House back my comments up. The IMF will never call it a world currency reset, that comes from the gurus or conspiracy theory people that spread these words around but that is what these reports focus on, the ones like Tony TNT that call it every week of every month of every year.
Folks, there are scammers in any business, just look at the many articles on counterfeiters, corrupt politicians, and I could go on and on.
The BH Group seems to be one of the dinar dealers that scammed people, they made these types of statements to sell more dinar and then they put together an alleged illegal Hedge Fund and were caught. They have not been convicted but it doesn't look good for them, so many will jump on that to call it a scam as well.
I posted answers the other day when someone posted the announcement that this follow report was coming out on the 9th and I pre-answered all the main questions that were listed and I bet that I was right on all of them before this follow video was even completed.
Kuwait wasn't revalued it was reinstated after the US helped Kuwait regain their land from Saddam and their currency needed to be reinstated because Saddam took theirs and put out his in circulation. The only ones that made money were the ones that were there in Kuwait and took advantage of the blackmarket it caused. I talked to many that had first hand knowledge of this and no charts will cover it but the blackmarket raised as much as $9.00 per new instated Kuwaiti dinars but NO ONE made anything off it unless they were there in Kuwait and took advantage off the blackmarket. Charts show that it went up to around $6.00 and came back down in the $3's.
EO 13303 covers asset protection of frozen funds and did not give us the right to buy it, another guru rumor. But before 2003 it was against Iraqi Saddam law to have Iraqi dinar outside Iraq so the currency being an Iraqi assets has it protected under 13303 and elsewhere and gave the dealers the ability to transport it outside Iraqi borders. The order doesn't cover this but the wording does.
Ok that's all the time I have, when I have time to watch it all I will come back and cover the rest if I feel it needs more of my input. Stay with the facts and the ride will be much smoother.
Just keep in mind that these news agency don't keep up with Iraq as we do, as they most likely never covered what is going on in Iraq right now in this report, just what they perceive it to be, a scam.