Before I get started let me say that I have nothing personal against Breitling. I’ve never met him, he’s never done anything to me personally, and in fact there are certain things about him that I like. I like his optimism and his “can do” approach. When he says “nothing less than the desire of your heart”, that resonates with me. And I have nothing against incorporating prayer into the pursuit of your goals. I think it’s fine that he helps people learn how to set up a Warka account, and I have no problem with him promoting the ISX Report except for the fact that he doesn’t inform people that he has a business interest in it. (His company’s name “Select Play Media” comes up on the PayPal page when you order it.)
What I do have a problem with is that Breitling is misleading and confusing people about the facts in this investment. Whether it’s intentional or not I can’t say, but when you consider the traffic that he is generating for his blog which presumably increases his ad revenues you have to wonder about his motivation. When he promotes buying lower denoms and then you find that he has a working relationship with Roger Dorman from The Treasury Vault where they run promotions with lower denoms, again you have to wonder. And when he makes irresponsible statements like the RV is a 100% sure thing, or it’s basically a lock, or it’s like holding a winning lottery ticket …. you have to question his judgment.
Back in October I posted my findings about Breitling in “Breitling Busted“. I addressed several of the concerns that my research raised. Apart from his innumerable “ya know”s and “very simple”s and “and all that stuff”s, his frequent usage of double-talk, and his continual reading of the praises from his admirers, Mr. B’s commentary is also problematic because of his repeated misstatement and omission of facts. Then there’s the matter of contradiction.
Years ago I would listen to a certain televangelist (as an observer, not a follower) who would frequently contradict himself. It amazed me that the same people who said “amen” the first time would say “amen” to the contradiction. This led to my conclusion that what I was watching was the cult of personality at work, which rendered the content of the message irrelevant. I believe that’s what we’re seeing with the followers of Frank Villa, Dan Atkinson, and Breitling, all of whom have been repeatedly proven wrong in their intel and analysis, yet still manage to maintain a loyal following. In short, people just like listening to them talk. It doesn’t really matter what they say as long as they’re upbeat. It gives their listeners a good feeling.
|“I’m a complete ninja when it comes to
finding out information and backing
it up and making sure it’s the correct
In my opinion what Breitling has done is recognize the disenchantment in the dinar community with the rate and date gurus, and he saw the demand for information on the process because most of the people who are invested in the dinar are inexperienced currency investors, and in many cases novice investors period. Naturally they have questions, and they’re looking for somebody to help them understand what’s going on. B was able to fill that void and establish himself as an investment guru in general and a dinar guru in particular by talking about a myriad of topics without committing himself to precise rates and dates in order to retain a certain amount of credibility. This does not mean however, that he really knows what he’s talking about.
Since October I have continued my research. I started going through the many YouTube videos produced by Tony “Breitling” to document his claims about himself and the dinar. Since he usually does one or two of these a day averaging over 10 minutes each this is quite an undertaking as you can imagine, but I felt that it was necessary to let people know as much as possible about this dinar guru that many believe in. I also conducted numerous searches on different dinar forums for additional information. Finally, I went straight to Mr. B’s blog archives for the rest. What I found was astonishing. With the help of my associates I have been able to produce this post covering Breitling’s material from April of 2010 through February of 2012. My findings and comments are as follows:
April 22, 2010 B was talking about the impending RV of the Vietnamese Dong:
Breitling says to (11:28:58):
VIETNAM IS IN LINE TO RV
MUCH SMALLER PIPS
I WAS TOLD ALI IS OUT THIS MORNING
AND CANT SELL ANYMORE
THE VND IS STARTING TO DRY UP FAST
WELLS FARGO STOPPED SELLING IT ALSO
SOME OTHER BANK STOPPED ALSO BUT I CAN’T REMEMBER THE NAME ?
huntandfish says to (11:30:50):
Yep, I bought dong Monday and they had stopped selling by Tuesday, WF that is
Breitling says to (11:31:09):
HUNTANDFISH I JUST MADE IT
YOU JUST MADE IT I MEAN
Breitling says to (11:36:23):
THEY MAY GO 2 CENTS AT FIRST AND THEN TRICKLE UP FOR A FEW WEEKS
EITHER WAY EASY MONEY
I WILL CASH IN BUY MORE DINAR
pbrman71 says to (11:37:14):
what’s your gut instinct about the dong actually popping and when?
lawlesslucy says to (11:37:21):
u think they will come in before dinar?
Breitling says to (11:37:30):
IT LOOKS THAT WAY
ALLOT OF BUZZ IN HONG KONG ABOUT IT
pbrman71 says to (11:40:41):
terryb.are you saying dong rv maybe today?
terryb says to (11:40:46):
scott9868 says to (11:40:49):
Breitling I just bought 8 mil for 495.00
Breitling says to (11:40:58):
WE HAVE BEEN HEARING MAYBE TODAY
lawlesslucy says to (11:42:10):
did someone say a cetain trader (can i mention names) is out today?
Breitling says to (11:42:16):
KOREA IS ON THAT LIST BUT I DONT KNOW ANYTHING ABOUT IT
jgunnsmith says to (11:42:22):
Indian Rupee, Iceland Krona, China Yen, Argentine Peso, Korean Won, Mexican Peso, Turkish Lira, Indonesia Rupiah, Lao Kip, Cambodia Riel, and Vietnam Dong. Not sure if they are all there or if the North Korean Won was on there or now lol but there you go.
Breitling says to (11:42:27):
ALI DINAR TRADE
IdaBuMan says to (11:42:47):
what do you mean by “out today”?
Breitling says to (11:42:57):
THEY RAN OUT
lawlesslucy says to (11:42:58):
as in gone
lawlesslucy says to (11:43:03):
lawlesslucy says to (11:43:09):
dong or dinar?
Breitling says to (11:43:13):
lawlesslucy says to (11:43:17):
terryb says to (11:43:18):
lawlesslucy says to (11:43:27):
something is up
Breitling says to (11:43:33):
jgunnsmith says to (11:43:35):
I have won, dong, and dinar. Breit you had said you thought the Rupee was going to skyrocket a while back. Do you still think so? Do you think they will hit at the same time before we can buy more of other currencies if we wanted to?
Breitling says to (11:43:44):
WELLS FARGO HAD A TON OF IT THE OTHER DAY
I KNOW THEY DID’NT SELL IT ALL
NO ASTRO SIAD THAT
ALL THOSE COUNTRIES PRETTY MUCH WILL TRY THIS YEAR
BUT IT IS JUST LIKE IRAQ WHO KNOWS
AS OF NOW I ONLY KNOW ABOUT THE DONG AND DINAR
THE DINAR IS A 100% FOR SURE DEAL
JUST THE TIMEFRAMES HAS BEEN MESSED WITH
Did the dong RV? To the contrary. It has steadily depreciated since then.
0.0000541389 Jan 2010
0.0000526167 April 2010
0.0000524824 July 2010
0.0000514139 Oct 2010
0.0000512821 Jan 2011
0.0000476190 Jan 2012
Notice that B said the dong is drying up fast. Does that sound familiar? We’ve been hearing that a lot lately about the dinar, and last I checked dealers are still selling both VND and IQD. Is the dinar a 100% for sure deal? You tell me.
On July 24, 2010 B said:
THE WORLD WANTS IRAQ IN THE GROUP
Breitling says to (16:39:38):
WE SET THEM UP FOR THIS
Breitling says to (16:39:48):
IT IT WILL BE DONE
Breitling: OH ONE MORE THING THAT ARTICLE ABOUT
THE 23 TRILLION DINAR
Breitling: THEY DONT HAVE 25 TRILLION ANYMORE
Breitling: THEY ALREADY TOLD US THEY GOT RID OF
70% OF THAT
Breitling: SO THAT ARTICLE IS CRAP
Breitling: SO NONE OF THOSE NUMBERS EVEN ADD UP
Breitling: 6 TRILLION PLUS 5 TRILLION OUTSIDE OF
Breitling: 5 TRILLION OUTSIDE
Breitling: SO YES
Breitling: ABOUT 11 TRILLION
Breitling: THEY ALREADY PULLED THE TRIGGER FOR
Breitling: NOW THEY HAVE TO JUST GET IT DONE
Breitling: GET THE NEW DENOMS OUT AND RV THE
RATE AT THE SAME TIME
alk4316: doesn’t US hold 9 it self
Breitling: NO NOT 9
Breitling: ONLY ABOUT 2.5
Breitling: ALLOT LESS THEN PEOPLE THOUGHT
cuda2000: i thought the us had 4 in the fed res
Breitling: FOUND OUT OTHERWISE
Breitling : SEE YOU GUYS LATER
So here B says that as of July of 2010 Iraq had removed 70% of their money supply, which by his calculations leaves about 11 trillion. And yet here we are a year and a half later with reports from the CBI of a 26 trillion dinar money supply. Then he says they already pulled the trigger on the RV, and yet the gun still hasn’t gone off. Then B says that the US is holding only 2.5 trillion which is less than was previously thought. And yet ten months later in his 5/24/11 YouTube video he says his contact at the IMF told him 4 trillion. So as you can see his figures there are inconsistent.
On Nov. 29, 2010 B said:
Breitling: LOOK IT IS REALLY ON THE TABLE FOR THIS TO END THIS YEAR
Breitling: THEY ARE PRIMED
Breitling: WE SHOULD HAVE BEEN CASHED IN BY NOW
Breitling: ACCORDING TO MY BEST SOURCES
Breitling: THEY ARE IN SHOCK HOW IRAQ CAN MESS THINGS UP
And of course there was no RV at the end of 2010.
On March 29, 2011 B said:
[11:31:48 AM] Breitling: a lot of people are saying iraq needs to be stable to have a currency tradable
[11:32:09 AM] Breitling: the problem is iraq’s plan is to stabilize Iraq using the dinar
[11:32:22 AM] Breitling: it is part of the stabilizing process
[11:32:54 AM] Breitling: stabilization will come only after the rise in value of the dinar and its world trade status
[11:33:22 AM] Breitling: done
[11:34:16 AM] Breitling: hope that helps
This reveals B’s ignorance of what is involved in currency valuation. Current economic and political conditions of a country will be reflected in their currency’s value. If there is instability for example, the currency will likely reflect that with a lower value. Conversely, if the government is seen as stable the value will likely trend upward. You don’t raise the value of a currency to fix the problem. You fix the problem to raise the value of the currency. B has it bass ackwards when he says they need to RV in order to stabilize the country. If it was this simple every country would just revalue and use the increase in wealth to pay for whatever they need done. Economics doesn’t work that way, compadre.
On June 1, 2011 B said:
valleyite: saw lots of references today about Sadhir coming to the rescue to seat the government…is the government seated as in ALL the ministers nominated voted on and in place?
breitling: WILL HAPPEN IN JUNE
144kbgg: What are your thoughts about WTO ascension tomorrow (if that’s true) and its implications with the IQD?
breitling: IT IS ALL PART OF IT AND YOU WILL SEE IRAQ INTERNATIONALLY TRADED SOON
Well here we are over half a year later and they still haven’t seated all of the ministers, nor is the IQD internationally traded.
6-1-2011 Guru Breitling JUNE 1ST TO JUNE 30TH…99% sure… NEVER BEEN CLOSER AND YOU SHOULD BE HAPPY, BECAUSE THIS IS REAL….86 TO THE EURO I THINK THE EURO IS 1.34 RIGHT NOW...What’s left to do to RV? SEATING OF SECURITY , LAW PASSED ON THE CURRENCY , DFI TRANSFERED TO THE NEW ACCOUNTS
And of course no RV in June 2011.
More Forum Posts:
2/17/13 UPDATE!!! It has just been brought to my attention that these videos are no longer listed on Breitling’s YouTube page. The oldest video is now from April 2012, a little over a month after I posted this. As you can see from the comments below several readers confirmed what I documented. I’ll try to find backup copies of the missing videos and upload them to my YouTube page. In the meantime I remind you that Breitling produced no less than four videos in response to this post (he got so upset that he kept knocking his recording equipment loose) in which he acknowledged saying most of what I documented although he of course had his own spin on what he was saying. Any suggestion that everything here is made up is disputed by his own rebuttals. I will upload those videos as well.
5/17/11 17th show – B says he has contacts at Citigroup with ties to Iraq … says he was in manufacturing in China and he knows the numbers inside and out. *
5/22/11 22nd show … B says he’s a private pilot * … says the IQD will be $1.17 if it comes in at 86 cents (??? I think what he means is if the rate is 1.17 IQD to the dollar the value will be 86 cents. It can’t be worth $1.17 and $.86 at the same time.)
5/24/11 …. 24th show … B says they pulled in 70% of the higher denoms in 6-8 months (no documentation is provided but I think he’s referring to a report that they reduced excess liquidity by 70% which has nothing to do with pulling higher denoms out of circulation) … says we know the US has IQD in our reserves (again, no documentation is provided) … says IMF official told him 4 trillion (so B claims that he has a contact at the IMF *)
5/25/11 … 26th show … B promotes his insurance theory – buy lower denoms to avoid the lop (a lop is a redenomination where zeros are “lopped” off of the exchange rate, and it affects all currency – higher denoms, lower denoms, paper, and electronic – so buying lower denoms or electronic currency won’t accomplish anything if Iraq lops … of course novice currency investors might not realize this and decide to take advantage of “Breitling’s Insurance Plan” at The Treasury Vault) … B says “I killed the issue, people don’t talk about the lop anymore” (I don’t know about you but I hear a lot of people discussing it, especially when Shabibi or the CBI says they’re going to delete three zeros and issue new currency which will reduce the money supply as it increases the value and eases cash transactions – all of which perfectly describe a lop) … says Iraq is the wealthiest country on the planet (please elaborate … their GDP is ranked 59th and their per capita income is 127th)
5/26/11 … Special Audio Q&A for Roger’s chat …. B says Iraq’s policy was to take the notes with three zeros off the market (not true … they said they would delete three zeros from the currency which some gurus interpreted as removing the higher denoms with three zeros) says 70% of dinar were pulled by last August and the CBI numbers are false (So I guess we can trust “Breitling” which isn’t his real name, but not the CBI who are audited and required to be transparent?)
5/27/11 … 28th show … B says Bush said the war wouldn’t cost us anything (he never said that) … says Obama said we’re gonna pay off the debt in three years (he never said that) … says they’re gonna get out of chapter 7 in June (it didn’t happen)
5/27/11 .. 29th show … B says Cheney and the Federal Reserve understood that we needed to control oil, so we set it up to where you have to buy oil with the USD (what he’s describing here is the petrodollar which was set up 40 years ago under Nixon .. Cheney and Bush had nothing to do with it) … says he doesn’t have secret sources (yet in this chat session he said he has intel and on other occasions he has referenced his sources)
5/27/11 … 30th show … B rants against an email that says Iraqi students said it would lop (so Iraqi students who speak Arabic don’t know as much about what is being said in Iraq as Breitling?) claims they already started taking the larger notes off the market a year ago (but they still have 26.8 trillion in circulation 20 months later?)
5/28/11 … 33rd show … email says they talk with Iraqis on Facebook and the higher denoms are the main notes being used, but you say they’re pulling them in? B says “well they haven’t pulled them all in and most Iraqis have NO currency at all” (I think a better explanation given the current money supply figures is that HDs are everywhere because Iraq hasn’t significantly reduced the money supply at all)
5/30/11 … 35th show … B says just like any other revaluation they get rid of the larger currency and then that value is absorbed equally into the currency that’s left (WRONG! Revaluations are usually simple adjustments to the exchange rate that don’t require the elimination of larger denominations or the introduction of lower denominations) says George Soros made his money doing what we’re doing – currency speculation (Soros was a hedge fund manager, making money from arbitrage, short selling, and leveraging which is nothing like what we’re doing – he founded Soros Fund Management in 1970 and ran it for over 20 years before the redenominations in the eastern bloc nations)
6/1/11 … 39th show … B says he trusts the BH Group and will always recommend them (a month later they were raided and their dinar sales were shut down) … says he’s had expensive cars that cost $15K/yr to maintain* … says currency is stock (currency is not stock … once again this is a misleading statement that a novice currency investor might mistakenly believe … the purpose of stocks is to provide operating capital for the company and profits for the shareholder while the purpose of currency is to provide a means of exchange for goods and services … there is no expected return in holding currency like there is with stock … in fact, nations often see a lower value to their currency as beneficial … this statement alone should wave huge red flags for any listener)
6/2/11 … 41st show … B says no way they’ll lop, there’s no precedent for it (there are dozens of examples of countries that have lopped after recovering from periods of hyperinflation – and many of them had a growing economy like Iraq … Turkey, for example RD’d in 2005 with an inflation rate at around 8% and a growing economy … see the charts below) … says there’s no model for a lop (tell that to Shabibi … he was studying the redenominations of Turkey and Brazil) … says “it will be the first time in history if that happens” (no it wouldn’t … besides, an RV at 1000 to 1 would also be unprecedented but that doesn’t seem to matter to B) … says dong will RV in 2 or 3 years at about 2.5 cents (he said the dong was in line to RV a couple of years ago but it didn’t)
6/3/11 … 45th show … B says Kuwait is a good model for IQD because the value was nearly the same … says it’s a “perfect example” of how Iraq is going to get their value back (The Kuwaiti dinar redenomination played out within the span of one year while Iraq’s currency was worth less than a penny nearly 20 years ago … Kuwait never had trillions in circulation as Iraq does … Kuwait had a stable government, a well developed infrastructure, a higher GDP per capita, a more diverse economy, and didn’t have terrorist bombs going off year after year … etc…. and most importantly the Central Bank of Kuwait never changed the official rate … perfect example my arse!)
6/4/11 … 47th show …. B claims that he knows people who work at the UN *
6/5/11 … 50th show … B says Iraq saying they will RD tells you that they’ve already got the LDs printed out (so why are they discussing the new design with three languages if they’re already printed?)
6/5/11 … 51st show … email asks if it would be possible for Iraq to issue a new currency making our currency obsolete? … B says no, ours IS the new currency (Many countries have done multiple RDs within the span of a few years. Zimbabwe and Brazil are two recent examples. The main purpose for the 2003 RD to the IQD was to remove Saddam’s image and demonetize the currency held by terrorists. Any new RD would be done to simplify cash transactions.)
6/6/11 … 52nd show … B says dinar dealers are licensed through the treasury dept (wrong …. they simply register as money service providers .. they have no license for selling investments)
6/7/11 … 56th show …. B says the more you buy the less the risk (12:30 in) (huh?)
6/7/11 … 57th show … B says he’s been in the banking industry for 10 years … had a bank in NZ *
6/8/11 .. 58th show … B says people thought it was too good to be true when the Kuwaiti dinar RVd, when Canada RVd, when India RVd (Kuwaiti dinar didn’t RV – it was replaced by a new currency; Canada and India’s RVs didn’t increase their values by a thousand times – both were less than 30% increases … a nice little profit but hardly “too good to be true” … an RV to 86 cents would be 100,000%)
6/9/11 … 61st show … B says when this is over you can take what he teaches you and give economists a run for their money (I’d like to get an economist’s opinion on that)
6/10/11 .. 64th show … B says countries retire currencies all the time (but he doesn’t mention that they lop or redenominate when they do it – what country has ever retired denominations within the same currency because of an RV?
6/10/11 … 65th show … (end of video) B says when Shabibi was in DC he was asked when the IQD was going to RV and he smiled and looked down and said “very soon” (Blatantly false! – Shabs said that even if he knew he couldn’t tell us … he said RV would depend on inflation and later he said that they would delete the three zeros soon … he made a clear distinction between the two – Shabibi had just been asked at the end of video #2 about revaluation)
6/10/11 … 66th show … B says he thinks Iran, Afghanistan, and all the countries in Iraq (?) will be democratized and then will RV their currencies (whatever!) … somebody asks why Iraq would RV their money to make non-muslims rich … B says we’re ultimately in charge and we’re not leaving Iraq (WRONG – US forces left!)
6/10/11 … 67th show … B says he knows it’s going to $5 or $6 (8:50 in) (okay Okie) … says he and his business associates have their own Delarue machine *
6 /14/11 … 74th show … B says he used to work for the Dept. of Justice * … says owning dinar is like having a winning lottery ticket only you have to wait until they tell you when to cash in (one of the most irresponsible statements I’ve ever heard in this investment) … says he and Roger were the ones who wrote “Making Sense of the Numbers” (so here he admits a working relationship with Roger – I documented this in “Breitling Busted” but he removed the credits on his blog shortly after I posted it)
6/15/11 … 77th show … B says to people who are losing their houses “well lose your house, then after the RV buy another one” … “let em take the damn house” (don’t you think a better response would be “don’t look to the RV to save your house because we don’t know when the RV will happen, if ever“?)
6/16/11 … 78th show … B says a lop doesn’t affect all denominations (again, a lop is a redenomination meaning that all of the old paper currency is demonetized and the new currency receives the value)
6/16/11 … 79th show … B says dong will go up around June 30 (it’s actually gone down since this video) … reader asks what would keep Iraq from calling in the HDs at current rate and then doing the RV? .. B says “nothing … they would just ruin their own country … they need to put value in the lower denoms, so if you take all the currency that they have and then you take them out at today’s rate and you burn them, and then you take those currencies and transfer it to the lower currencies … yeah, those currencies itself will be worth a lot more, but they haven’t gained economically … they need to reflect what they’ve economically gained” (can anybody here speak Breitlingese? this is a great example of double-talk)
6/17/11 .. 81st show … B says “buy more dinar” (but he’s not a pumper?) … says he knows guys that make $7 million a year on forex * …
6/18/11 … 83rd show … B says he knows people who work at J P Morgan Chase *
6/19/11 … Just A Thought Or Two … B claims that he worked with Southern California Edison in the 80s and 90s in network consulting *
6/26/11 … 102nd show … B says this isn’t a one-time lottery ticket … (in the 74th show he said it’s like owning a lottery ticket … another complete contradiction)
6/30/11 … 104th show … B says “It’s here” (okay, exactly where is ‘here’?) … says he knows senators *
THIS IS JUST THROUGH JUNE, FOLKS! I’VE STILL GOT EIGHT MONTHS TO GO!
7/7/11 … 111th show … B says Iraqis live off 2 dinar a day (more like 7020 dinar or $6 a day)
7/8/11 … 113th show … Listener says he doesn’t see a shortage of larger notes with the dealers … B says “look harder” (this was six months ago and they still have them)
7/12/11 … A Special Offer I Set Up For You Guys … B discusses his Insurance Plan *
10/4/11 … (this video was reportedly deleted by a hacker shortly after I posted “Breitling Busted”) B recommends The Treasury Vault (pretending that he doesn’t know Angela Dorman the owner – as I reported in “Breitling Busted” she was listed as a friend on his Facebook page) says he’s going to send a listener a copy of the ISX Report (I find it interesting that he has copies of this report to give away if it belongs to somebody else)
10/18/11 … (this video was deleted too) B repeats that Iraqis are living off 2 dinar a day (I reported this in “Breitling Busted”)
10/24/11 … Breitling’s Afternoon Report … B says Shabibi said they’re going to pull in the larger notes (again, Shabs said no such thing .. he said they’re going to delete the three zeros … pumpers interpreted that as the larger notes)
10/25/11 … Breitling’s Morning Show … B says he’s a real estate consultant *
10/25/11 … Breitling’s Afternoon Report … B says you have to have 50% inflation to lop (Turkey’s inflation rate was about 8% when they lopped)
10/26/11 … Breitling’s Morning Review … B says he was a political consultant *
10/28/11 … Breitling’s Afternoon Report … B apologizes for saying Iraqis live off 2 dinar a day (after I pointed out that he was wrong)
11/4/11 … Breitling’s Morning Review … B says he helps prepare PPMs * … says mature investors acknowledge all risks up front (yet he won’t consider the possibility of a lop and says the dinar is a 100% sure thing)
11/7/11 … Breitling’s Morning Review … B says that Iraq said they will use the current lower denoms of 50, 250, and 500 along with the new lower denoms of 1, 5, 10, 25, 100 (not true! again, they said they would delete three zeros which historically refers to a lop in which case all current denoms would be demonetized)
11/8/11 … Breitling’s Morning Report … B says it’s more dangerous to live in the US than in Iraq because we have a higher murder rate and crime rate (wrong! Iraq’s murder rate is #2 in the world behind El Salvador http://worldnews.about.com/od/crime/tp/Top-Murder-Rates-In-The-World.htm http://murder-rates.findthedata.org/d/d/Iraq)
11/11/11 … Breitling’s Afternoon Report … B says YouTube is a great marketing tool (wow! pretty much admits that he’s doing this for marketing)
11/15/11 … Breitling’s Review … B says you can sell people if you get them saying “yes” over and over (could that be why he’s always saying … right? right? right?)
11/18/11 … Breitling’s Comments … B says that every time a country issues new currency it’s done as a one to one exchange (really? every time??? Here’s a few dozen examples of how wrong Breitling is) calls his critics “internet terrorists” (WTF? I’m just trying to offer the facts. If that makes me a terrorist then “ALLAHU AKBAR!”)
11/22/11 … Breitling’s Eve Comments … B introduces “REIC with Gary” (If you go to http://www.reicwithgary.com it flips over to http://www.reicglobal.com/game-plan where you listen to a guy named Kris Krohn introduce you to a network marketing real estate plan. According to this video that plan pays $400 referral fees. Hmmmm ….)
11/23/11 … Breitling’s Thanksgiving Day Comments … B says this investment is basically a lock as for making money (another irresponsible statement)
11/28/11 … Breitling Turkey vs. Iraq Currency .. says lopsters have no business commenting on this investment even if they have a PhD (my god!)
11/29/11 … Iraq vs. Tukey II … B says Turkey only got rid of three zeros (it was six zeros) … says they didn’t get rid of one single solitary note (they got rid of them all! they demonetized the old currency and replaced it) … says Turkey had zero GDP growth when they lopped in 2005 (try 8.4% http://www.state.gov/r/pa/ei/bgn/3432.htm) and 50% inflation (as I pointed out in the chart above for 6/2/11 inflation leveled off in 2004 and was around 8% in 2005)
12/01/11 – Breitling’s Comments 1212011 … B claims that Bush Sr. set up the Kuwaiti dinar RV (This has been stated by many pumpers but there is ZERO evidence of this – Kuwait replaced the old Kuwaiti dinar with a new dinar at the same rate – there was NO rate change from the central bank, so unless Uncle Sam was buying Kuwaiti dinar on the black market …)
1/2/12 … Breitling’s Monday Comments … B says the US put Saddam in power to keep Iran at bay (Ayatollah Khomeini took over Iran in Dec. 1979 … Saddam took power in Iraq five months earlier in July 1979 and had already been the de facto leader for years, so he came to power when a US ally Shah Mohammad Reza Pahlavi was in power in Iran)
1/19/12 … Breitling’s Thursday Show … Email asks why they’re going to print new 50s if they already have a 50 … B says they’re not going to print a new 50 and that they’re only talking about removing the larger notes with three zeros (They’re also talking about introducing a new 50 worth 50,000 dinar which would mean they’re retiring the current 50 which would suggest a redenomination or lop)
1/23/12 … Breitling’s Comments Monday 1232012 … B says he doesn’t know if the new lower denoms are printed yet (that’s not what he said on 6/5/11)
1/28/12 … Breitling’s Sat Lop Rebuttal … B says he just bought a race boat worth more than most forex guys make in a year * … says military officers were buying Kuwaiti dinar at a tenth of a penny (the lowest I have ever read was a nickel …. here B says the Kuwaiti dinar depreciated on the black market to the current value of the IQD … I’d love to see any evidence of this or the names of any of these officers who supposedly bought Kuwaiti dinar at this rate) … says countries never reveal the numbers in a revaluation like Iraq is doing (that’s true, all the more reason to believe that what Iraq is telling us is that they will redenominate) … says John Jagerson was wrong in saying that the Iraqi dinar replaced the Kuwati dinar when Saddam invaded in 1990 (Wikipedia says otherwise, and so does Phoenix who is hardly a lopper)
1/31/12 … Breitling’s Wed Show 212012 … B repeats that he knows politicians *
2/12/12 … Breitling’s Second Marketing Audio … B talks about the importance of getting email addresses … says give them something for free (could explain why he offers to answer questions for free if people email him)
2/16/12 – Breitling’s Friday Comments – B says they’re not increasing 100,000% but going back to where they were (11 minutes in) … talks about reverse engineering (This is pure doublespeak. Only in Breitling’s world is a revaluation not an increase. What about Turkey, Romania, Brazil, Russia, Zimbabwe, and all the other countries who lopped over the past 20 years after suffering hyperinflation? They wanted their currencies to get back to where they were too. Why didn’t they just “reverse engineer”? Because you can’t, that’s why! No more than you can unscramble an egg.)… says people who believe that Iraq will lop are scammers (Huh? How can they be scammers? A scam is when you sell something that’s worthless, B. Not when you offer facts to debunk pumper BS)
Breitling’s Blog *
7/14/11 “All, For a while now, I’ve been looking for a company I felt matched my same vision and effort to help not only educate, but also provide clients with the ability to obtain the various denominations, including the lower denominations. Well, I think I’ve found them!
The Currency Vault, found at http://www.treasuryvault.com/ has recently introduced a promotion wherein they are temporarily giving away 500 Dinar notes with orders of 250K or larger. The specifics of that deal don’t really matter because I’ve been able to work a deal for all who follow me who wish to capitalize on it. I wanted to do something nice for all of you, and here it is if you are in the market, and are planning on acquiring more Dinar. I suspect with what I know about what they are doing in the future that this may be just the beginning of such cool promotions I’ll be able to get them to do for each of you.
Here are the details of my “Breitling’s Insurance” deal:
· Minimum Order to Qualify: 250,000 Dinar
· Discount: You get a $10 discount when you order and mention “Breitling’s Insurance” · Lower Denomination: One (1) 500 Dinar Note
Here are the instructions you need to follow to ensure you get this deal:
1. You need to go to http://www.treasuryvault.com// to place your order. It’s pretty straight-forward, but if you get lost, you can always call them at ###-###-####.
2. In order to get this deal, when entering your name you need to type the following within the same section you type your last name: (Breitling’s Insurance). Here’s an example so you don’t get confused:
First Name: John
Last Name: Doe (Breitling’s Insurance)
So, just to summarize, I’ve set up a way whereby anyone who reads my stuff and wishes to purchase more Dinar can get all the following: · A $10 off discount · One (1) 500 Dinar Note That’s my take! I’ve set it up to help ensure people can be exposed to the lower denominations, and to help you save a little money if you were already going to purchase Dinar. Just use my name and it’s all yours. If you don’t do it the way I instructed above, you won’t be able to get the deal.
Okay, now for my comments. First, Breitling insists that he has never received any money from Roger “Dinar Daddy” Dorman or any other dinar dealer, and yet in this promotion he instructs his readers to enter his name in the order to receive the $10 discount. Do you suppose Roger just gives Tony a pat on the back every time he sees “Breitling” in the purchase order, or do you think maybe there’s some compensation (monetary or otherwise) involved here? And second, if you’ve read much of what Tony has written on dinar forums you know that he can’t write worth a damn. If you’ve read what Roger has written you know that he’s much more literate. This promotion looks much more like something Roger would have written in my opinion. In fact, it sounds a lot like the announcement Roger made when he “accepted” a position with The Treasury Vault, which as it turns out is owned by his wife but that’s another story.
I am posting this as an announcement to something that was decided upon recently between myself and Treasury Vault. In the advent of their recent name change, and due to their desire to expand their company into additional markets beyond currencies, and specifically beyond the Dinar, they have given me an offer to be part of their team and I have chosen to accept this new challenge that will take me away from thinking about the Dinar 24×7.
And third, Breitling insists that his promotion of lower denoms is strictly based in strategy, but it appears that there’s more than RV strategy involved here. In summary, Mr. B’s “intel” has consistently flopped, he has at times made statements that bring his motivation into question, and he has made numerous statements about the dinar that are easily disproven. I don’t know much, but I know that a lop affects all denominations. I know that George W. Bush and Dick Cheney didn’t set up the petrodollar. I know that new currency isn’t needed for a revaluation. Sure, we all make mistakes from time to time, but when you are presenting yourself as an authority on something don’t you think you should make every effort to verify and double check what you say before you put it out there for worldwide consumption? I know I certainly do that. I guess he assumed that nobody would take the time to catalog what he says and call him on it, and up until now I suppose he was right. But those days are gone, mein freund.
* Breitling has claimed to be a private pilot, a banker, and a professional investor who knows people at J.P. Morgan Chase and Citigroup, guys who make $7 million a year on Forex, and people in the military who made a fortune on the Kuwaiti dinar. He claims that he has worked as a corporate recruiter, a video game developer, an investigator for the Justice Department, a political consultant, a real estate consultant, and a network consultant who worked with people at Southern California Edison Additionally he says that he has been involved in manufacturing in China, in writing PPMs (Private Placement Memorandums for raising venture capital), and in developing dental equipment for Latin America. B also says that he and his business associates have their own Delarue machine, that he has had cars like a Lamborghini., and that he just bought a race boat that he never even takes out. He also claims that he has contacts in the IMF, the UN, and the US Senate. I can’t say that these claims aren’t true, but in listening to these videos you’ll hear B pronounce Ernst & Young “Ernest & Young”, libelous as “liabus”, escape as “excape”, oriented as “orientated”, incentive as “incenitive”, and recognize as “recunize”. I’ve been investing for many years and I’ve never met an experienced investor who doesn’t know how to pronounce “Ernst & Young” or “libelous”. I’ve also been around a lot of techies and I’ve never heard one of them say “Silicone Valley” instead of “Silicon Valley“. I’m not trying to be cruel here, but a man’s communication skills are usually indicative of his level of education and the company that he keeps in his professional life. Just putting all of this out there for consideration. If after reviewing the material I’ve presented here you still deem him credible that’s fine with me.