Wednesday, January 6, 2010
DINARHUNTER CHAT - Dinar Vets
11:02 PM [DinarHunter] basically I just came in to apologize for speaking so quick last time. I said something silly and people took it literally
11:02 PM [DinarHunter] I said 100 Million barrels of oil per day are reported to be stolen and smuggled
11:02 PM [DinarHunter] obviously I had the wrong figure, it was 100 thousand
11:02 PM [DinarHunter] not that big of a deal
11:03 PM [DinarHunter] I also said I made a windfall on the KWD and people were wondering why I still have house payments since I made a "windfall"
11:03 PM [DinarHunter] apparently a windfall to me is different than to others. Because I nvested $10,000 in the KWD
11:03 PM [DinarHunter] at .60 per KWD
11:03 PM [DinarHunter] then I sold it later at over $3
User SOLEIL has logged in.
11:03 PM [DinarHunter] made over $20k
11:04 PM [DinarHunter] wasn't enough to pay for my house, but I still call it a windfall.
11:04 PM [DinarHunter] so for everyone who wasn't here, and didn't catch the bashing in the thread in chat logs
11:04 PM [DinarHunter] I was told that the rate was agreed on by the US, IMF, Iraq, and one other, cant' recall right now
11:05 PM [DinarHunter] $2.13
11:05 PM [DinarHunter] I was told the 4th was a big day for this, and it was.
11:05 PM [DinarHunter] the thing is, when Kuwait fell into this RV thing - they had to pay out a lot to speculators in one way or another
11:06 PM [DinarHunter] so everyone has to make sure the same thing doesn't happen with Iraq. They want to come out sort of low, suck in some speculator cash, drop the price so people get scared and sell it even faster at a cheaper rate, then let the IQD go on FOREX so it can climb on it's own
11:06 PM [DinarHunter] I think that all makes sense. Let me know if I didn't explain it right.
11:07 PM [DinarHunter] done
11:02 PM [DinarHunter] I said 100 Million barrels of oil per day are reported to be stolen and smuggled
11:02 PM [DinarHunter] obviously I had the wrong figure, it was 100 thousand
11:02 PM [DinarHunter] not that big of a deal
11:03 PM [DinarHunter] I also said I made a windfall on the KWD and people were wondering why I still have house payments since I made a "windfall"
11:03 PM [DinarHunter] apparently a windfall to me is different than to others. Because I nvested $10,000 in the KWD
11:03 PM [DinarHunter] at .60 per KWD
11:03 PM [DinarHunter] then I sold it later at over $3
User SOLEIL has logged in.
11:03 PM [DinarHunter] made over $20k
11:04 PM [DinarHunter] wasn't enough to pay for my house, but I still call it a windfall.
11:04 PM [DinarHunter] so for everyone who wasn't here, and didn't catch the bashing in the thread in chat logs
11:04 PM [DinarHunter] I was told that the rate was agreed on by the US, IMF, Iraq, and one other, cant' recall right now
11:05 PM [DinarHunter] $2.13
11:05 PM [DinarHunter] I was told the 4th was a big day for this, and it was.
11:05 PM [DinarHunter] the thing is, when Kuwait fell into this RV thing - they had to pay out a lot to speculators in one way or another
11:06 PM [DinarHunter] so everyone has to make sure the same thing doesn't happen with Iraq. They want to come out sort of low, suck in some speculator cash, drop the price so people get scared and sell it even faster at a cheaper rate, then let the IQD go on FOREX so it can climb on it's own
11:06 PM [DinarHunter] I think that all makes sense. Let me know if I didn't explain it right.
11:07 PM [DinarHunter] done
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