Dinar Zero Lopping
I’ve been investigating this ’source’ that was observed and reported on a major blog and all I can tell you is who ever wrote the article about zero lopping on the European blog rferl.org is extremely misleading primarily the headline. Not only that, the article makes no sense.
Yes it is true that smaller denominations will be created by CBI but who ever wrote this article cranked up the crap factor and paid about $200 to $500 to have this Press Release plastered all over the Internet.
It looks like a ploy to scare investors into selling dinar back to the dealers for profits, or, just someone who is not speaking from a position of authority, who don’t know Dinar and current events. Making stuff up for a spicy bull s–t headline.
Lastly, for proof that this is total confusion…
-The CBI connection quoted in the article, the mans name is no where on the Internet
-Why would the CBI create new banknotes with 3 less zeros and make the old notes and the new notes the same exact value, kind of defeats the purpose of creating new notes
-The CBI would have to kiss an RV goodbye as what is described in the article is a DEVALUATION
-There is absolutely no other source on the Internet reporting this information, so they created it.
-If CBI wanted to permit people to carry less banknotes to the bank, as reported in the article, why on earth would CBI create the EXACT SAME amount of notes, but with less zeros. Thats the poorest excuse for a lopping I’ve ever seen. Not even believable.
No need to worry about your Dinar zero lop, it’s not happening.
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This feedback article may be reprinted online or offline
as long as this box remains and is hyperlinked online.
Written by Darren Chabluk for http://DrDinar.com
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I read the article you have just addressed in your blog. Thanks for your insight.
I HOPE THEY BURN!!
Stan, were going to be addressing this further. Lopping zeros so that people can carry less money to the bank. Makes, no, sense. I’ve seen decent reasons for a devaluation but this one is so far fetched it hurts.
The perfect headline for Dinar dealers struggling to buy back and resell, and perfect headline for blogs selling advertising space to google. A big money maker, but total falseness.
The site who reported the rumor first is the site who created the information out of thin air. THIN AIR. There is nothing supporting the information anywhere. Dinar Speculation is going hard on it, I know for a fact Adam made hundreds of dollars today in google adsense revenue reporting that headline, but I do thank him because thats how I found out. You do realize that there there is tons of money to be made with bs headlines…
Well said Darren! Well said! People are continually making claims with absolutely no sources. Thanks again.
Your welcome Trent. I have no quams with the web sites and blogs that report on these rumors but with 5000 Dinar enthusiasts at my fingertips I could not let someone have their dream stolen. Not this time.
Darren what about this bogus Feb.16th date matching the Euro? Is this just more unfounded crap?
DARREN I NEED SOME HELP ON INVESTING,IM A SINGLE DAD OF 2 WILD LITTLE GIRLS TO RAISE ALONE SINCE THERE MOTHER DIED OF CANCER 05, IM 49 AND STILL DUMB,HA!
Trent,
I can’t say as I would have to look into it, via a support ticket http://www.DrDinar.com/helpdesk/newticket.php This zero lopping press release at 12 noon central time caught my attention and I had a chance to look into it immediately. The important thing is that you know I caught a fish here, they are out there. I don’t have time to prove wrong everything written on the bathroom wall. Wish I could, but I want to spend time educating our investers and bringing more investers into the opportunity. If there is bad news, I’ll tell you, I’m known for reporting the good with the bad.
There is lots of crap out there. Crap makes big time money. Site owners crank out juicy articles, get higher google positions with backlinking, and sell ad space on the site.
As for me, I am doing this for the long run and you can’t screw people and expect a long term relationship to follow. Like I said, its ok to report this stuff but those who create it, they are evil. Were messing with peoples incomes, dreams.
I’ll be on the blog all night working on my accounting. Were going to do a call on this too. The site that created this rumor does not specialize in Iraq Dinar currency. They do however specialize in getting excellent positions in google by attempting to crush dreams.
I can assure you beyond a shadow of a doubt that there is going to be no devaluation. There will be smaller bank notes created, lower than 50 dinar notes, most likely, but the 25,000 notes are here to stay. CBI will buy them back in time, but, they are not being replaced with notes that have 3 less zeros for the purpose of carrying less to the bank. Meanwhile keeping the value the same, unbelievable. They fumbled the ball on this one.
You can tell by reading the article that they are out to lunch, no idea what they are talking about. This will however catch most investors and non investors off guard.
This post I just made should be on page 1 of google within the hour when someone searches for ‘dinar zero lopping’, so take that mack!
Go to http://www.google.com and type in
dinar zero lopping
I just got #1 position in Canada google. What’s the USA side looking like? Europe? Asia? Australia? Don’t mess with big brotha.
It is not a dream to this guy. Been there, like Darren, done that. Investing in ID is an investment, and to this day it has been a very good one. I can easily sell my ID for a very equatible profit, a good investment. Iraq Government needs better press towards the Western World, where mostly their GDP has value. Knowing that they (Iraq Government) can easily RV at one to one with the USD, it makes no sence that to let the word out to the world that they feel the need to step on dollars to pick up some dimes ( ref: to knocking 00’s off). Iraq Government needs credability beyond most other things at this point. There is much work to be done in Iraq by foreign companies that might not be ready to trust Iraq, for business or money, until very recently. Iraq needs to keep their business waters as calm and inviting as possible , even at the cose of loosing a few dimes.
I think what Blackdog is saying in the first sentence is that the Dinar is not a dream for the person who wrote the article at source.
Blackdog has some good council here, real Iraq experience…
Kudos to the American Contractor blog he was right all along!!!!
Yes, HSR362 you are correct. He has stated this early on, I believe in August 2009. Quote: “Changing Iraq Currency. Here we go again with the recent Arab media reporting mentioning the printing of new Iraq currency. You can’t say that I didn’t warn you as I have mentioned the dinar currency exchange in my blog how many times? I don’t see this happening until after the national elections. This is going to be a slow process but it will happen as the currency needs a new look with those nice authorized signatures.”
Darren I went to google chrome and you were #1 position for “dinar zero lopping” here in USA.
Darren what do you know about articlesofinterest-kelly.blogspot.com? They had an article today about the demon. and said that it was not a lop. Can you clear this up please thanks
Hey Darren! I was about to say it “sounds” like you were calling me out for making money on adsense, but then you admitted it in your follow up comment… so that would be silly of me lol!
I will never deny that I make a couple bucks on adsense, BUT… as you and I both know, I’m a straight shooter. That’s why my forum has almost 10,000 members and my email newsletter has OVER 10,000 subscribers. I’m a straight shooter, and I know you wouldn’t link to my site unless that was the truth.
This article that came out today was a hard hitter, and I after talking to you it sounds like you didn’t see the original article I was talking about. I know you have a responsibility to your group, and I don’t blame you for calming them down. I had to do the same thing.
There’s a good reason why my newsletter and blog has so many followers – because I bring ALL the important news, and take the hard questions, just like you do.
I agree with you on several things, including the one major point that I think people should understand – this news doesn’t mean we are going to lose our money. I don’t want people to freak out about that – this news isn’t an H-Bomb, and I think a conference call would be a good idea so we can clarify a lot of this.
Let me know when you want to do it.
Johnny, to answer your question… (Darren might have a different opinon, I’m just giving you mine…) articlesofinterest-kelly.blogspot.com isn’t a news site, and it’s not even a place that anyone takes responsibility for that I’m aware of. It’s a dumping grounds for any and all news and BS alike that pumpers and Dumpers can take advantage of.
It might have good stuff on it sometimes….
But even a broken clock is right twice a day.
If you read something on there, make sure you find another source or two to back it up before you start taking it seriously.
HSR362.. AC will be right UNTIL we make money. Then he’s wrong.
Just had a talk with Adam Montanna and he helped clear up some confusion I had after I found that ‘lopping’ article today.
The bottom line is this, we are dealing with a revaluation, not a devaluation.
Adam runs a great blog, I hear lots of things for the first time on his blog. I just re-read Adam’s blog just to get a better understanding of what the deal is. Adam’s source is ‘real, but nothing is set in stone.’
Adam, I’ve made a couple hundred in one day on adsense ads with my old Iraq-Money.com/forum
Pumpers and dumpers. Thats funny
You are welcome to post here anytime Adam.
American Contractor, I’d like to get that sniper on one of our calls. I wonder where he is nowadays
if I gave the impression that a devalue is coming, I apologize for sure! I never meant to convey that.
AC is somewhere in the land of Pessimism.
http://DrDinar.com/blog/2010/02/07/its-official-dinarspeculation-coms-adam-montanna-live-call-first-50-callers
Good to see you two working together.I like both your sites.I hope for everyones sake you are right.Cause I am freakin the F*&^ out a little.
Were going to have a great call Joe. Put everyone onto one call, pour yourself your favourite beverage, get there early, and have your questions written down.
After reading the latest article from Adam, I too am confused. The sooner a the call is organised the sooner we all understand what is going on. Adam and Darren, you are both to be commended for helping all of us understand what we are investing.
I know this is old news, but what are the implications of this UN article?
http://www.un.org/News/Press/docs/2009/sc9827.doc.htm
Darren & Adam what a pair, man its nice to see two professionals working together. Thanks for all that you are doing to clarify this information. I thought AC was creditable but I guess not, I’m sticking to what you two guys are saying. May God Bless the two of you.
Thanks Adam and Darren for your hard work and most valuable information.
I always said American Contractor will eventually be wrong once. Seems I have a lot of reading to catch up on. Wow, who let the dogs out? I go away for 48 hours and come back to some crazy stuff! I look forward to getting off work and catching up on all that is going on. ( I see Adam and Darren putting their heads together….AWSOME!) I see a potentual RV in our near future….looks like well before this year is out as the latest possible…anyway… so I can work with that. I have been so wound up and it looks as though things are winding down so that is good. I have to go serve food for the many watching todays superbowl so have a great day and I look forward to catching up this evening. >>>GO COLTS<<<
All this double talk sounds like nothing more than a bunch of Hype! If any of you would take the time to read and understand the history behind the Iraq Dinad (ID), then you would not let your emotions run away with reason, reality and the truth.
The USA and England, with the help of the World Bank, the IMF, the ICC and the FED. made a plan to print 9 Trillion of the highest quality, the almost impossible ability be counterfeited, money ever printed. Do any of you think that now that the printing is finished, moved to the CBI, replaced the old Sadam currency, put into circulation, being used as the medium of exchange inside the borders of Iraq, purchased by all the free world governments and people around the world just like you and I that all of a sudden because someone makes up some STUPID Idea that all of this is going to change, well I glad to see that you all still believe in Santa! Do your own research or sell your Dinar you are spending to much time worring about something that will NEVER happen.
My group would fly into Jordan, go to the CBI in an Armored Van, buy Millions of Dinar, over 6 years ago, fly it back to the US and sell it to our friends. This NOT and if thing, it is a WHEN thing.
God bless.
God bless
Jay I think I read about your armored van adventure a few months ago here on DrDinar. I’ll say it again, “that’s an amazing story”. The kind of thing most of us only dream about. With that said, do you believe that Iraq is on the verge of an economical rebound, possibly like we have never seen before?
Hey Johnny….
American Contractor “AC” is very credible and don’t ever underestimate him. He knows more then what he leads on…
Adam- The American Contractor is not a pessimist, he is a ‘realist’.
Darren- As far as participating in a call session, I’ve asked him and with his busy schedule in the line of work he does a call session in not something he’s able to committ to at this present time. Possibly sometime in the future.
Jennofer- he hasn’t been wrong not even once and my prediction is that the American Contractor won’t be.
HSR362 & NineLives thanks for clarfying that for us….wow….thats great news!
Trent- I guess the same can be said for yours!
NineLives, the American Contractor’s word is true as he knows it. So is Darren’s and is Adams’s. They can not answer all of our questons….My advise is to seek the Word….
Trent~ I don’t believe that I posted any questions, nor can I say that I’m looking for any answers. Not sure what kind of ‘word’ I’m supposed to be seeking,…but I’ll pass. No thanks.
O.k………all that was………..different. Good night all!
Well then folks, I guess according to AC we will not have a RV this month.
I wish AC permitted comments on his blog.
NineLives the Word is simply God’s word. The Bible….thats all I meant.
So, with the deletion of the 3 zeros, Iraq will not have enough money in total to bail out even 1 American bank???..I know at current exchange rate that is still the case. But with a Dinar Reavalue Iraq stands a good chance of showing a true value in Oil along..
This whole ‘Lop’ thing makes no sense to me. They Lop, they stand very little chance of their new Dinars will increase in value, good chance it will go down if it starts trading against other Currenies. Iraq is worth much more than 40 billion US Dollars. 40 Billion is like a ‘Mom n Pop’ type Bank Bail-out….Crazy People!!!
Larry, don’t loose any sleep over this.
Darren~ AC did allow comments on his blog up until recently. He has his email address posted on the site now for questions/comments to be asked directly. I take advantage of that and talk to him often. I suppose he wants readers to address him directly.
Trent~ Okay, thanks for clarifying that. I had absolutely no clue as to where you were pointing me. I have read it. Not really sure though what I said that prompted you to direct me to it.
Johnny~ And no, if AC says there will not be an RV this month then that is good enough for me. If will only be good enough for you when Feb. comes & goes and there isn’t one.
Almost every month for the last last few years there has been an RV prediction and AC has squashed every single one (Look back to his blog). He is not implying that there will never be one, he is simply stating that this is not the time. With the new developments recently he is gathering some additional great intel and I am confident that when/if this RV happens he will be the one to know beforehand. So confident that I no longer read the forums daily like I used to and no longer fall for all the empty rumors. I guess you can say that I’ve put my faith ‘all in one basket’ and know I’m no longer being misled.
Well Ninelives, it sounds like coming from you that you have a lot of faith in AC, and you are right, they have been saying for months that NO RV for this month and this month and so on and on. I ‘ve been reading from lot of differenct sources for the past 6 and half years, ever since I brought my dinars, gathering all of the information that I can grasp and AC has the most reliable Intel IMO. I wish I had some intel to provide, but all I have to share is what I gather from reading through different sources. I am a police officer and I can tell you in my line of work good Intel is awful hard to gather. Good luck to you and God Bless.
NineLives I guess I really didn’t make a lot of since. Thanks for your polite response and not jumping me out.
I have heard some say that article is bogus and in the next breath say it is saying there are releasing the smaller notes.So is it all crap or half crap or what?
Darren~
I mentioned to AC about your wishing you could post comments on the blog he said he disabled it because his schedule did not give him the luxury of being able to address every poster. He would rather not have the blog collecting unanswered questions, instead, he thought it best to email and when his schedule allows he will respond.
Email your questions, it’s worked for you in the past.
FYI
American Contractor is sending out a newsletter as I write.
He has decided to go ahead and reverse the no comments option therefore allowing comments to now be posted again for a short time.
Post away people,……
Darren~ One of my posts is not showing up,…say’s it’s being moderated since early today. I responded to a few posters on here who directed comments to me and they are not able to view my responses back to them. When will you allow it to be visible to them?