Guru TD has a revelation

/ Marcus Curtis

In the dinar community it is really hard to get to the bottom of all the rumors out there. I was really surprised to read this on Dinar Daddy’s site

“Intel Guru TD Well friends yesterday I cashed out 95% of my dinar holdings. Over a week ago I received some troubling rumors from the sandbox that there were serious discussions coming to a unanimous consensus of Iraq’s intentions to only do a C/E IN HOUSE (i.e. inside Iraq only) . Of course I’m sure you’ll cry fowl but among points of discussion was the simple fact of 30-40 Trillion dinars outside of Iraq and the impossibility of simple arithmetic. In addition, I was told that the dinar we hold was never LEGALLY SANCTIONED (BY IRAQ) to be sold outside of Iraq. We all know it is not traded internationally. I’d also urge you to read …statements from the IMF, etc.

Banned From Dinar Recaps”

http://theiraqidinar.com/rumors/td-shares-something-interesting-239597

Never legally sanctioned is a reference to Iraq’s currency laws and some international treaties. These are the same laws that they will cite when they redenominate. I will cover that in a bit, but for those who don’t know who Guru TD is, his stuff can be found on Dinar Vets, Dinar Recaps, Dinar Daily, and Dinar Guru among other places. He is all over the dinar community. Is this a recent revelation for TD? Here is what he said just a short while back.

“Dinar Guru TD Well like most of you I’ve been holding my breath last couple days about the CBI site and I just received confirmation that it is only website maintenance going on so we can all exhale!! No changes in rates YET!! However I’m told that the next 75 days looks very promising for….”

http://dinarnuggets.com/dinar-guru-td-only-cbi-site-maintenance-no-rate-changes-yet/

Here are other view points from TD from 2013

“10-2-2013 Intel Guru TD Don’t Fret, the process is underway. I have changed my stance (due to reliable info) from cautiously optimistic to expectant of fruition. It might be just days to a few more weeks. WATCH SOON for a false announcement ( I’m told) ALA KUWAIT for a postponement of the currency reform program ( as like till sometime 2014) and you’ll know we are then there. Purchasing power increase for their citizens (and our ROI ) will be gradual and the longer the window of allowing the old notes to remain the better we can increase our ROI. AS I reported before they are following neighbor’s Turkey’s currency reform program in many respects. Turkey allowed a full year to exchange their old notes. Iraq may not be as long BUT the IQD is much more devalued than what the Lira was and the return could be much, much better BUT again don’t expect unrealistic returns. Most importantly there are no pesky obstacles or bickering going on !!”

http://iraqidinarfacts.net/iraqi-dinar-guru-8-25-13-chats/

http://theiraqidinardaily.blogspot.com/2014/01/1-6-2014-intel-guru-td.html

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=92609719

It seems that TD has totally changed his view. I came to the same conclusions as an investor in 2012. I use to be totally head over heels involved in this investment before I learned the truth. Now it looks like we have a guru who is starting to see the light. So I will now share what recaps has decided to ban.

Banned From Dinar Recaps

Saturday night I wrote some observations and emailed them to Recaps BUT have been barred (Again) from posting.

I hope Dinar Daily and Baghdad Invest are open minded enough to post this.

I did not bash Recaps in any way just wrote up some observations regarding the Paul Bremer interview and some analysis of the dinar, it’s community and current happenings.

I guess Recaps only wishes to continue posting just hopium and if you don’t want to post about sudden wealth creation, millionaire status, tips & lifestyles of the rich articles and declare that in a moments notice “it is done”, “done” and “done” well then…..you don’t get posted.

Here’s in a nutshell what I tried to post ………..

Mr. Bremer’s interview didn’t yield much in terms of the actual dinar status but it was very revealing in many other ways, namely :

IRAQ IS/NOT IN CONTROL :

His comments should put to rest once and for all that No one other than Iraq is in control of it’s programs and policies. Mr. Bremer revealed that it was always the intention to get Iraq Reconstructed, hand over the reins and let Iraq walk on it’s own. That’s the definition of a country’s sovereignty.

Our role as Americans is always to assist and act in a noble way. We have done that all over the world : Germany, Japan, S. Korea, Iraq.

Gooorooos have for way too long indicated otherwise : it’s in the hands of 3 letter agencies, it’s in CL’s hands, it’s in Obama’s hands, etc. Ridiculous and now a senior political figure has set the record straight. Move on knowing Iraq is in charge of it’s own affairs.

SECURITY :

This has been a pet peeve subject of mine for the longest time. There is indeed the strongest of correlations between a nation’s security and it’s “True Value” rate of currency. In Iraq’s case timely introduction of economic reform programs and joining the world international arena rests heavily on it.

Mr. Bremer remarked about the current war on terrorism ” It’s a close call at this point”.

Reality is the GOI is having a challenge indeed fighting the war and trying to recapture control of cities. I’ve received reports saying exactly that. You may have noticed that not much is being reported of the on ground fight. Journalists are not being allowed to cover it and it’s not going well.

Until they are able to gain control currency movements are not a priority.

Some in Dinarland have irresponsibly remarked that perhaps this is smoke & mirrors of the imminent RV. This is ridiculous ! Innocent people are caught up in this turmoil and it is real and a setback. War & terror is hell on earth. Yet, all what many dinarians care about is stuffing their pocketbooks. Who cares about Iraqis dying, let them eat cake.

A real sense of a nations security is vital to currency movements. Recently I did a piece here on Dinar Daily about what a typical episode can do to a nation’s currency. The case in point was the scandal in Turkey which I’ll do a synopsis here.

Recaps BTW was also allowed to publish the analysis yet it’s not their cup of tea to report actual, real time happenings. They’d much rather publish articles about lifestyles of the rich.

The Turkey saga has unfolded since December in real time before us and has serious consequences to a nation’s currency. Corruption scandal there has led to ministers resigning, massive arrests and has led to “INSTABILITY” forcing it’s Central Bank to inject millions of dollars, prop up the currency .

Inflation is rippling through the economy and the Turkish Lira is down 20%. Turkey, BTW is the largest economy in the Middle East and dwarfs Iraq in terms of economy, modernization of banking & infrastructure, etc. This is real and not Memorex.

Let’s assume for a minute that Iraq had introduced the IQD internationally last fall. What do you think the current crisis would have done to it’s rate ? Well much of the answer depends on it’s “real time” rate. Let’s say it “artificially ” introduced it $3+ , it would plummet dramatically and it would devastate their economy.

There are severe consequences for Iraq to do it right and at the right time.

ECONOMY :

Mr. Bremer stated some very real progress of Iraq, it’s per capita income is 6X higher, 27M Iraqis have cell phones. Their GDP is growing.

I and others have reported the massive expenditure into modernization of it’s banking system, training of personnel. However outside of Baghdad there is mistrust of citizens still and uniform transactions via credit cards, online banking & Atm’s remain challenging.

As Mr. Bremer remarked “There’s no mechanical way to predict what the currency will do. ” Market will reflect an assestment of the economic situation as well as the currency”. AND HE ALSO REMARKED ” THERE IS RISK WITH THE DINAR WHERE THERE ISN’T ONE WITH OTHER COUNTRY”.

Yes, the risk is plentiful. Iraq has made progress and still has much to do. It’s economy is still 95% oil dependant. The membership into the WTO requires diversification, the banking industry needs public & international exposure. Now, that’s not to say it can’t go international soon. The key is at what “sustainable rate”. Let’s not forget that Iraq has achieved GDP growth at 1166. Let’s not forget that Iraq has already RV’d from 1170, even from 3000. So could it move from 1166 ? Yes indeed ! Will it move overnight 500 % , 1000 % , 10,000 % . Most unlikely ! It can’t afford to artificial rates that are not supportable and let’s not forget that during Saddam’s time the $3+ rate was indeed ARTIFICIAL and not accepted by the IMF & world community.

Just look up the write ups here on Dinar Daily and Baghdad Invest, whom both are open forums & have the courage to show the history of nations who have had lots of zeros to their currencies. In each and every case a LOP was done. Look at the history of the China RV, it was a couple percentages each time.

I have reported (the only intel provider I might add) that the Iraq currency reform project is receiving cooperation from the Turks and helping Iraq unveil their program in parallel fashion to what Turkey did a few years ago.

Thank you Dinar Daily & Baghdad Invest to report real history .

Recaps : We love the articles about “What to do with sudden wealth” . Happy dreams.

You know folks you are welcome to believe what to believe and who to believe. What I recommend is to do your own diligence, fact finding and your own homework.

At least a couple of the sites do provide all kinds of information which will enable you to make wiser conclusions.

Will Mr. Bremer’s interview quiet some of the noise ? I doubt it cause soon afterwards Recaps posted from a Guru that we were still on a moment’s notice. Is the new definition of “moment” now months, years, ?? Anyone know ? Will they continue to insist Iraq got admitted into the WTO on December 29th, or any moment now ? Paradoxically on Recaps there are daily stories from real people, their economic collapse, no cars, jobs, food, . And yet, Recaps keeps posting false hopium to these people day in and day out. And contrary comments toward the untouchable gurus is strictly frowned upon.

You know folks when people are batting .000 day after day, month after month, years, some even 10 years then you really have to ask “why I should I still buy into you” Shouldn’t you ??

REGARDS,
TD

http://www.dinars.me/damn-fast-dinar-updates/dinar-guru-td-banned-from-dinar-recaps/

This really brings into focus what Zahlid has said. I find myself anxiously waiting to see what March has in store for us. TD was quoting some of jack’s arguments as well. When TD said “Inflation is rippling through the economy and the Turkish Lira is down 20%. Turkey, BTW is the largest economy in the Middle East and dwarfs Iraq in terms of economy, modernization of banking & infrastructure,” This information can be found in the comment section of an older article on Baghdad Invests way before TD brought it up. This is something Jack said.

It is good to see a guru set the record straight. It is good to see that Baghdad Invest is having an impact on people, and most of all it is finally good to see people reason and think this thing through to it’s logical conclusion.

The only thing that I disagree with is the amount of dinar outside of the country. Just my personal opinion, but I doubt there is 30 to 40 Trillion outside of the country when there is only 34 trillion outside of banks. I will explain my theory about how much dinar is held by spectators outside the country. Keep in mind that this is only a theory and my opinion. This is just a guess and I could be totally wrong on this. This does not have conclusive evidence. I will now show you my theory in steps. You will need Microsoft Excel to participate in this exercise.

1. To begin we must go The Central Bank of Iraq’s website. Go to the statistic page. Here is a link.

http://www.cbi.iq/index.php?pid=Statistics

2. Download a document called key financial indicators and open it with Microsoft Excel.

3. Scroll down to line 79. It says a-Currency outside of banks. This is the currency that is in circulation. The number is rounded to the nearest billion. You see for December of 2013 the number is 34 Trillion 492 billion. That is how much dinar is in circulation.

4. At the bottom of the spread sheet to the far right there is a scroll bar. Use it to scroll back to the year 2005. You will see that currency outside of banks in December of 2005 is 9 trillion 113 billion for December of that year.

Here is my theory. In October of 2003 the dinar was exchanged. The old notes with Saddam’s picture were traded for the new notes that spectators have today. The trade in period expired at the end of the year and they had three months to trade out the old notes for the new notes. The central bank opened it’s doors in march of 2004. By the end of 2004 they had a little over 7 trillion outside of banks. By the end of 2005 they had all the currency they needed to conduct business.

Here is another wikileaks document from the Embassy in Baghdad. This is from July of 2008

http://dazzlepod.com/cable/08BAGHDAD2311/?q=cbi%2C%20dinar

2. (C) Fouad Mustafa, chairman of the Iraqi Private Banking Association and president Credit Bank of Iraq, told econoff on July 6 that private banks are growing and “doing well” in Iraq. In the past three years, the average capital of private banks in Iraq has grown from approximately USD 6 million to over USD 40 million. And while the overall environment for private banking had improved in the past five years, many challenges remained, Mustafa said.

Now why is that? Why has capital grown so much? I suspect that dinar was being exported and exchanged for U.S. dollars which caused the banks to grow and also assisted in the growth of reserves at the central bank as well. So from 2008 go back 3 years and I am willing to bet that is the point when the dinar was beginning to be exported all over the world. Older articles on this site goes into a bit more detail.

Look at the Key Financial indicator spreadsheet and you will see by the end of 2008 18 trillion 493 billion was now in circulation. The amount of currency in circulation has doubled in just in 3 years’ time. Banks were cleaning up by exporting the currency. The amount of dinar in circulation was growing due to the currency leaving the country. The more the reserves grew the more currency was released. They had to replace the currency that was leaving the country. (Currency Law article 32)

So now let’s take today’s totals of currency outside of banks which is 34 trillion 492 billion, and lets subtract the amount that was outside of banks at the end 2005 which is 9 trillion 113 billion. That leaves a total of 25 trillion 379 billion dinar

Right or wrong I believe there is about 25,379,000,000,000 dinar outside Iraq which is held by private spectators around the globe. This is not an exact number but I think approximately this much dinar is outside of Iraq. If this is indeed the case and they redenominate only within the borders of Iraq then that leaves a lot of spectators out in the cold. You have got to wonder how much dinar is held by private spectators in America!

People believe guru lies that say Iraq can’t redenominate in country and that they will be held accountable. Iraq is not going to redenominate.

So let’s start by looking at Iraq’s progress with new bank notes

http://www.banknotenews.com/files/tag-iraq.php

http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http://www.nahrainnews.net/print.php%3Fartclid%3D2277&sandbox=0&usg=ALkJrhgpj5YeBDIUvoHQM4646yNUCAiOAw

As you can see there will be a redenomination. Now let’s look at Iraq’s currency Laws

http://www.cbi.iq/documents/CBILAW-EN_f.pdf

Scroll down to article 32

Article 32

1. The CBI shall have the exclusive right to issue banknotes and coins intended for circulation in Iraq. Banknotes issued under this Article shall be a first charge on the assets of the CBI. The CBI shall make appropriate arrangements for the issue of banknotes and coins required for circulation in Iraq. Banknotes and coins issued by the CBI and intended for circulation in Iraq are not promissory notes, bills of exchange, or any other type of commercial document under the applicable commercial law, and the cbi is obligated to honor them only as provided by this law

2. Only bank notes and coins issued by the CBI that have not been demonetized shall be legal tender in Iraq.

3. The CBI may, by regulation, limit the amounts of banknotes and coins that must be accepted as legal tender in payment for an obligation and restrict the denominations of such banknotes and coins in which payment may be made to specified amounts or a range of amounts.

this means that the CBI CAN DENY REDEMPTION if it… in its discretionary opinion thinks that cashing in all of the dinar out there that they have issued… will cause a run on the security of the back or on Iraq as a whole!

The CBI is only obligated to honor the currency according to this currency law. The dinar is only meant for circulation in Iraq. It was not meant to be exported. They will cite this law when they redenominate!

Look at this wiki leaks document.

http://dazzlepod.com/cable/09BAGHDAD265/?q=rasheed%20bank%20iraq

America does not have a bilateral treaty obligation with Iraq, furthermore Iraq’s National Investment Law does not cover the banking sectors or it’s currency. This document is from the embassy in Baghdad. This means that Iraq is not obligated to honor it’s currency outside of it’s borders due to international treaties or laws!

So I guess there are questions you need to ask yourself. Do you think Iraq is going to keep the 25 billion U.S. dollars it collected as it’s currency was exported? Even if Iraq does not close it’s border when they redenominate how will you get there to trade in your dinar?

I still can’t help but ask these questions. How much of that dinar is here in America? How many private citizens is there in America that hold dinar? There is only one thing for sure, when this thing goes down a lot of people holding dinar will be shocked into waking up! This so-called investment has been the greatest currency scam I have ever seen!

38 thoughts on “Guru TD has a revelation”

  1. http://www.saccourt.ca.gov/criminal/criminal/aspx Go to Search For Criminal Case and type old Anthony Renfrow in!!!! Once there click on the 9/30/98 felony then scroll to bottom at Sentence Summary and click on Show/Hide Code Description, old Tony boy got 4 years in prison for that scam. Then go back and change the search to CIVIL!!!!!!!!!!! Damn look at ht epeople got old Tony and his OLD WOMAN Tamara in Civil Court trying to get their money back!! Top Guru, TNT Tony!!!

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  2. Marcus I just sent the above post, Respond to what at 11:12am feb 11 and the time showing on comment says 5:13pm ????

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    • Stephen,

      When I first released this article within seconds you posted two comments. These comments were rather long and they were articles within themselves. This told me two things. 1. You did not take the time to read the article that was just posted. Apparently you did not want to be bothered with it. 2. You copied and pasted the text from somewhere.

      A quick search indicated that you copied an entire article from Dinar Daddy’s website. Not only that you failed to credit him as the author. You made it seem like these thoughts were your own. Another article you posted in the section said that you were an Iraqi but a quick search of your IP address gave a location of California.

      Whether you know it or not this is called spam. I removed your comments and they are on mod review. I have not deleted them as of yet. The problem here is if you want to respond to anything that I wrote you must first read what I wrote. Posting huge comments seconds after an article is posted is not debate. Even then you must respond with your own thoughts and your own words. Please try to avoid carpet bombing the comment area with articles from other sites. Those comments will be removed.

      The information in those articles have been debunk several times on this site and other sites as well. For example, The article you copied said “If you don’t understand the “Fractional Banking“ concept that runs our country, you may want to, as that is what this is based on,”

      First central banks don’t participate in fractional reserve banking. It is only something that Public banks are allowed to do. To say the CBI is going to use fractional reserve banking to R.V is totally ridiculous. Second if you really understand what fractional reserve banking does then you know it expands the money supply. It does this by monetizing debt. This means debt is turned into money through the loan process and the currency supply is expanded. Someone incurs debt over this process. Even if you did apply this to a central bank then what you are saying is that the CBI is going to take on debt to finance an RV. Let me tell you that is not going to happen! The author has no clue how fractional reserve banking even works.

      The article you copied also said “It cost Iraq $162.50 to bring back a 10,000 IQD note into the country” This is an outright lie. The reason is because the dinar is not backed by oil and any RV scenario regarding oil is wrong. The dinar is backed by the reserves in the central bank. If it RV’s to 1 dollar then it would cost Iraq 10,000.00 U.S. dollars out of it’s reserves to bring back a 10,000 note. It will not affect it’s oil supply!

      The oil analogy is all wrong because oil is sold in dollars not dinar. Why would the U.S. buy dinar at a premium price then use those dinars to buy oil? All it really needs to do is print more money to get all the oil it wants. What about the oil brought over to this country that is purchased by oil companies? Will they need to obtain dinar in order to get the oil from Iraq that they need? Those companies will continue to buy oil using U.S. dollars.

      Stephen if you have any direct questions then feel free to post them here. Any future spam comments will be removed. Again the information in those articles has been debunked long ago. Read through this site and you will find the answers you seek.

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  6. The “Wander who Old Tony’s been talking to on conference calls” was a hint!!! To show you how stupid Tony Renfrow really is, a couple weeks back as the agent was put on the call with Tony, Tony asked how come he didn’t show up on the computer. The agent told Tony he didn’t have a computer and Tony says, “Oh ok”!! Now does the dumbass realize there’s no way to know who Lying Ass Tony Renfrow is or how to get the number without a computer?? Duhhhh!!! I can let the cat out of the bag on this now because 99.99% of investigation is complete. Oh wait let me put it Tony style, Done, Done, Done!!!! The paper trail was sooooooooooooooooooooooo easy!! Tony’s Done, Done, Done and I hope the SOB is reading this post!! Roger Dorman was trying to clean things up on Dinar Douchebags but Dinar Douchebags tore Dorman’s ass up in his response!!! Great job Dinar Douchebags!! Their little Circle of Scammers has been infiltrated!!!! Thru and Thru!! Done Done Done!!! Gurus, Dealers, Pumpers, Hype Sites have a BIG problem. Gotta pick and grin again, see ya in a bit!!

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  7. Sounding great Marcus with the picking Buddy!! Studio looks great too. Hey, by any chance did you see dinarrecaps this afternoon?? TNT Tony has said he recieved a call from a “very high level” person in the Govt requesting him to please don’t go public with this at 10 PST as planned. The Govt ask TNT Tony to give them 72 hours to get a new plan in place that would be acceptable to him and TNT!!!! The title of the post is “saturday Morning Thoughts and Opinions”. Then just look at the comments back to this ass hole!! Marcus if people see this kind of junk and remotely believe Tony or even an Iraqi RV there’s no hope for them Brother. As to answer MAC. Wells Fargo had barely heard of this until recently when Wells Fargo Headquarters in san Francisco was made aware 1-866-249-3302. People would call branches and so forth. I can’t go into detail but I “CAN” tell you the FBI. DHS, IRS,UST are smooth on Tony’s and Ray’s ass along with SEVERAL more pump sites, gurus and dealers. They’re doing their job “WONDERFULLY”!!! The best thing that ever happened was the court date being moved fron Jan 27, 2014 to March 25, 2015. I’ve been up to snuff we’ll say on this. I wander who all old Tony talks to on his little conference calls??? Tony, Ray, DC, Tamara, Okie and most all of these gurus are no more than MLM, scumbag, low life, lazy, lying, cheating, double crossing, scammers. They’re too lazy to earn a honest living. This time they WILL go down. Oh but Tony’s gonna go down for 14DAILYPLUS too. But this time Old Tony and Ray will hear the word “HABITUAL”!! It’nt the RICO ACT a wonderful written law!! Marcus I had a great conversation with my brother today. He’s director at DHS. I’ll email you privately and explain. Hey had a guy set in for 2 songs gotta jump back up on stage. Be on pause in about 30 minutes and back at computer. Southern Shaker, Shake! Shake!

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    • Southern shaker,
      my friend always good to hear from you. I figured that Wells Fargo just found out about what has been going on. I hope they take the proper action in civil cases too. I look forward to this thing being over one day. I don’t like to comment on things I know little about. So without any evidence I do say much.

      If you ever get a recording of you playing on the internet post here or let me know. I would love to check out your music.

      Thank God for the RICO act! The truth is finally getting out there. I got about 2 more articles to do to finish off my evidence unless something else surfaces that i don’t know about. Keep picking and making music!

      Like

    • Zahlid has said that a redenomination will start in March of 2014. I am waiting to see if he is correct. This would supply confirmation that he is being totally truthful. He could be just a guy with an opinion with no contacts what so ever. If the central bank does not redenominate in March then that is the case. We will see if he is right.

      The Funny thing about the internet is you can be anybody you want to be and no one will Know for sure. When he starts making predictions like this then that puts his credibility on the line. Only time will tell if he is who he says he is.

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  9. Wells Fargo has had the resources to stop their name from being used for the last 3 years, not sure what they’re waiting for. The US Treasury has had the resources and authority to stop MSBs from selling dinar for profit, not sure what they’re waiting for. Homeland Security, FBI and other agencies have had every ability to shut down dinar scam conference calls and pumpers – Huebner went down in flames for his Ponzi, but what about all these others? They’re not acting in a clandestine manner, everything is out in the open. Not sure what they’re waiting for. Now TonyTNT is fomenting anger against elected officials/bankers, and launching a full-blown social media campaign rife with libelous fervor. He could be shut down by DHS today – not sure what they’re waiting for.

    Methinks the collective righteous indignation oozing from this site regarding the mathematical impossibility of a dinar revaluation is misplaced aggression towards others getting way more attention than they deserve to get. All the facts presented regarding the Iraq angle are definitely points to ponder, they should stop everyone in their tracks before placing another reserve order with a pumper; but wow, I’ve never seen people emit ebullient joy over the prospect of the demise of a dinar guru. There are at least a dozen different ways these dinar gurus could be shut down TODAY, but they continue to do what they do – why is that? Marcus likes to cite the Huebner case, and pull language in the docket out of context to try and prove that he was indicted because he said the UST held dinar in reserve. That’s not why he was indicted, and you know it. Just stick to your mathematically-impossible rv angle, keep presenting the facts as you seen them, and allow people to decide for themselves what they want to do with their hard-earned cash. I think a 3-zero lop and redenomination makes perfect sense, but i sure wouldn’t be bringing TD over here to support my case! That’s pretty funny…

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    • Mac, You raise a very valid point. I don’t know why the U.S. treasury has not stopped people with a MSB license, or why the treasury even allows them to market the dinar as an investment. That is a very good question. I don’t know why Homeland security, U.S. customs, and the FBI has not done more to stop the flood of dinar coming into America if it is indeed illegal. That is another very good question. But Homeland security and U.S. customs has called it illegal. They said it was against Federal Law (Their words not mine) here is another case besides the Huebner case were they say some of the same things.

      http://www.ice.gov/news/releases/1305/130521rapidcity.htm

      So the B.H. group is not the only ones who have been indicted or convicted. But why has everyone else been getting away with it? Very good question and one I ponder often. I don’t know about ongoing investigations that are already in play. Here is a question for you. Why does the Federal Government allow so many illegal aliens to cross over into America? It’s against the law right? Why are all these illegal aliens getting away with it? Who knows why the government does what it does.

      You need to reread what I posted. I mentioned nothing about reserves in the indictment. I said the indictment claims that the government does not have trillions of dinar. I said the indictment claims that executive order 13303 does not protect the dinar investor. I said the indictment claims that Iraq has announced and is planning a redenomination. I said that the indictment claims that Iraq has no intention to revalue their currency overnight creating a financial windfall for investors. the indictment called these statements a conspiracy and fraud. (Their words not mine)

      I mention these things because the language is in the indictment weather you want to admit it or not. They already have convictions based on these statements. That is the truth and to deny that is to believe a lie.

      Your right, their is righteous indignation and I make no apologizes for it. But your wrong about the motive. I don’t care who gets attention over this. I never sought to be in the lime light either. What bothers me is the lives being destroyed because of the lies and rumors that circulate the community.

      I get messages all the time. People contact me and tell me their stories of how they got caught up in this. Marriages have been destroyed, people went with out basic needs because they bought dinar, people have had major medical expenses and they are looking to the dinar to bail them out. As a result of the hype people are going without the medications they need!

      These lies are doing damage and I have seen it first hand in my own family! So you bet ya I got righteous indignation toward all the lies and rumors in the community! AND I WILL CONTINUE TO POST THE TRUTH TO MY LAST DYING BREATH LIKE IT OR NOT!

      I am not mad at people, dealers, or gurus. I am angry at all the lies and rumors. I don’t care where they originated from, enough is enough all ready!

      For the record I am not using TD to support my case. I am celebrating with him because he has learned the truth. That is worthy of celebration because the man has been set free. I will never tell people not to invest. I will never tell people to sell their dinar. I only want them to be informed and to stop doing stupid things like buying dinar instead of taking medicine that is needed to maintain their health.

      hopefully now you have a better understanding of my motives.

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  10. Jack
    hind sight being 20/20
    What would have been the best way to invest in Iraq’s
    Recrimination? If we new Iraq was going to RD..Would there have been away to profit? Knowing now that holding dinar was not the way.

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  11. Hey Marcus, playing music tonight but I brought my laptop with me. I set at the table when we take our “Pause for the cause” and check the sites!! When my infomercial pecker stretcher pills come in I’m making me a sign and putting outside my front door that says, “Ladies form line here”!!!! Surely those INFOMERCIAL guys wouldn’t BS somebody like Tony and Okie just to sell something!! Gotta hit the stage see y’all in a bit!!

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    • Southern Shaker you crack me up. That was too funny. I need to get back to playing some music too. I mounted a video camera to my forehead and walked around playing my guitar. after that I uploaded my video to You Tube.You can see what my little recording studio looks like in the video. check it out.

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  12. Give this number to the people that want to buy from Wells Fargo. 1-866-249-3302 that’s the number for Wells Fargo Headquarters in San Francisco, California. They will educate them VERY quickly on the Iraqi Dinar. Wells Fargo does not sell, buy or trade the Iraqi Dinar under NO circumstances Period. Some banks may sell people different currencies because those people are traveling to those countries true enough. I spent 50 minutes yesterday on the phone with Wells Fargo Headquarters in San Francisco, Calif. I ended up with most of that time with the legal department. I guided them to TNTDINAR and DINARRECAPS. While I was on the phone I showed them how to go to freinds on DINARRECAPS then go to TONY and OKIE first. They surfed thru past post. As luck would have it one of the fake bank stories was on DINARRECAPS yesterday mentioning WF. Wells Fargo said they did not like their name being used in a 100% scam. They read more articles mentioning their name. I wished you could have heard the tone change in their voices when they began to read these lies. They also went to TNTDINAR. I explained who TONY was. I showed them how to listen to past and recent broadcast. They listened to some. The words they told me is they were putting a stop to their name being used in a scam to scam people out of their money!! Now as far as buying the Dinar I tell you what to do. Call a Dinar Dealer. Let’s just say Treasury Vault which is not on top of any list for being honest. Look up Arkansas vs Treasury Vault Inc. When you call Treasury Vault ask them if they sell the “INVESTMENT” Dinar? Ask them if the “INVESTMENT” Dinar they are willing to sell you is about to REVALUE? Ask them how long they think it will be til it REVALUES? The Dinar they sell you is sold to you as a “COLLECTABLE”!!!! Marcus I’ve been working as you know with the “3 letter agencies” (as Tony calls them) to shut these low life, scum bag, lazy, two bit, con artist, lying scammers down. I “KNOW” 101% this is “ABSOLUTELY” a scam. You can talk til your blue in the face, lay cold hard facts in front of their faces, have officials themselves tell them and you will not sway some of these “SHEEPLINS/PEEPS”. That’s why these self proclaimed so called “GURUS” can lead these people around. These so called gurus insult these poor people to their faces!! To call them “SHEEPLIN/PEEPS and put themselves higher than them by calling themselves “GURUS” is a total out and out insult in itself!! Now I know this thing is about to blow up on the SILVER SCREEN. When this happens in the VERY near future then a higher percentage will see the truth and be highly pissed off at these scamming scumbag gurus. However you’ll still have some die hards!! I simply cannot see how these people can look at the criminal past of people like Tony Renfrow, Ray Renfrow, dan Atkinson and more and still believe ONE word that comes from these scums mouths????!!!!!?? They can simply go to http://www.ripoffreport.com and type in TONY RENFROW. My goodness look at what jumps up!! 14DAILYPLUS, RENT MY CREDIT, MIDAS TOUCH, 14DAILYRELOADED, HOME BASED BUSINESS SCHEME and sooooooo much more. They can go to the Federal Govt Court sites and read for themselves the entire scam and how this deadbeat scammed $4,825,000.00 from honest hard working people and still believe his “STUPID” intel. Look up his brother, Ray Renfrow. He’s a convicted scam artist!! Call the IRS investigator in Raleigh, NC. She’ll set the Renfrow record straight for them quick!! Anyway Marcus GREAT article. I believe your about to see more of these pump gurus try to come clean because they want the FEDS to believe they really believed the crap they were misleading these “SHEEPLINS/PEEPS” with. Too late!!!!! As far as banks sold it. Once the scam begin to come out in the open banks like Wells Fargo wanted nothing to do with it.

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    • we are not talking about Iraq’s currency laws in regard to obtaining the currency. We are talking about the laws in place that say Iraq does not need to honor their currency outside of their border in the event of a redenomination.

      As this currency is only meant to be used in Iraq. It was never meant to be an investment and it is not honored as such by Iraq’s foreign investment laws.

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  15. This so-called investment has been the greatest currency scam I have ever seen! Really !!! What do you have to say about Wells Fargo and Chase selling this so called illegal currency ? LOL First National Bank sold it as well.

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    • Banks NEVER Sold the dinar as an INVESTMENT. They sold it as a convenience to their customers that might be going over to Iraq (most likely contractors and military mainly.) When it became apparent that people were buying the currency who were unlikely to ever make the trip to Iraq, they stopped selling it. Nothing illegal here. Simply good business decision by the banks. The only scam was when we were told by the gurus and the dinar dealers that this was going to increase in value by 100,000 – 300,000% overnight when the largest RV in history was 50%.

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      • Well said sgtausmc!!!!! 1 dinar to 1 USD = 116,000% — 1 Dinar to $3.44 USD = 399,000% — 1 Dinar to $36.86 USD = 4,275,800% SIMPLY RIDICIOUS!!!! And on top of that they’re talking about a currency that’s actually worth just a tad “below” 1/10 penny to 1 USD!!!!

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      • Well said indeed sgtausmc. NO-ONE buys banknotes to speculate on currency movements as 1. No currency has ever moved move than 30% in an “RV” and 2. You lose typically 20% of your investment on the spread alone (ie, buying $860 worth of banknotes for over $1,000) plus up to another 10% on “buyback” so even if Iraq did RV by 30% (which they can’t), most “investors” would barely break even…

        Banks have never sold Dinar as an “investment” at any point because there simply is no “super-RV” and never has been and the inflated Iraqi Dinar simply isn’t undervalued. In fact, common sense dictates that if banks genuinely believed a currency was going to shoot up over 100,000% in value – you simply wouldn’t be able to buy banknotes of that currency from banks at all because they’d be stockpiling them for the same reason the “RV investors” do. MSB’s like DinarTrade, Treasury Vault, etc, wouldn’t exist either because they’d be stockpiling them too!

        People still hooked on this scam need to seriously ask themselves : If the RV is real then why are so many places like Dinar Trade willing to sell their Dinar for a 20% profit when they could just shut their doors and wait for their “imminent 100,000% profit”… 🙂

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    • Hey REALLY did Wells Fargo, Chase or First National sell you the worthless dinar telling you it was going to revalue and make you a mega multi-millionaire?? Or did they simply tell you the purchase price, take your “GOOD” USD for that purchase price and give you that much Iraqi Dinar in return?? No need to answer, I KNOW the answer.

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    • ijustsnapp, I don’t know if he’s crazy or not?? Hell I don’t know if any of these infomercial guys are crazy?? However I don’t think I’d spray that black stuff on that screen door, put it over that hole in the bottom of the boat and get much farther than 2 or 3 feet from the bank!! They all could be crazy though for all I know!! However I hope that guy selling them pecker extension pills ain’t crazy, I just ordered 3 bottles!!!!!!!! He claims they work sorta like the dinar!! Make this little feller grow 100,000% overnight to a full 4″!!!!!!!! Let me know if you buy bthat gold from “THAT” infomercial and it jumps to $10,000 an ounce!!!

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      • I’m sorry ijustsnapp, that comment was meant for “really”!!!! I didn’t pay attention, that pecker infomercial was on!!!

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    • Most people bought their Dinar from amateurish MSB’s (Money Service Business) like Dinar Trade or Treasury Vault. And any bank that used to sell them years ago also haven’t “broken the law” since it was legal tender when they sold it years ago. Hardly anyone except the “RV” crowd speculates on foreign currency by buying banknotes at a massive premium due to the instant 20% loss on the spread. When banks sell foreign banknotes they typically believe they’ll be used as tourist notes in the near future, not that people will stuff them in their sock drawer for a decade and hold on to them years *after* a country announces it intends to replace them. That’s precisely why banks also don’t sell banknotes to other unstable places like Somalia or North Korea. It’s not the banks (nor Iraqi’s) fault the Western scamming guru’s have been brainwashing people with a pack of lies.

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  18. ALL I HAVE TO SAY IS IF IRAQ ONLY HONERS THEIR CURRENCY IN COUNTRY THEY WILL NOT BE DOING ANY BUSSINES WITH OTHER COUNTRIES . WHY WOULD THE OTHER COUNTRIES WANT A USLEES CURRENCY IN THIER COUNTRY??

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    • No other country uses the dinar outside of Iraq. Only speculators outside of iraq hold dinar. They don’t trade with it. If nations buy oil from Iraq they use dollars. When Iraq needs imports they use dollars to purchase what they need They don’t use dinar outside of Iraq!

      No nation is going to say we don’t want your dollars because you did not revalue your local currency. Nations will export to them because it provides jobs. countries that don’t have oil will continue to purchase it from Iraq.

      There will be no international penalty for a closed border redenomination and they will get away with it. Governments and corporations don’t hold dinar, civilians and individual people do.

      You can punish them by not going to Iraq…I am sure that will really break their heart.

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    • As Marcus said, the only people buying Dinar are the amateurs sucked into the get-rich-quick “RV” thing. It’s a total myth that foreign govts are “holding masses of Dinar”. Nothing could be further from the truth.

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