Med's Chat 4am cst 7/22/11

Brewbaby says to (04:03:40): Med was reading what you were saying about the Dinar, and after going over it again, I just feel like we are right in our thinking
Brewbaby --> The only thing that could go wrong is if Shabbs lets this speculating go on like he did the auctions

Med --> YOU AND I DISCUSSED IT ALSO
Med --> YES
Med --> THIS WAS A POINT
Med --> THAT THE IMF SAID
Med --> THAT ALLOWING SPECULATING CAN DESTROY AN ECONOMY
Med --> NOW WE SEE THAT CBI IS COMPLAINING
Med --> THEY ARE
Brewbaby --> He has worked just to hard to let this go south
Med --> WELL THEN DO SOMETHING
Med --> THERE IS ONLY ONE OPTION
Med --> OTHER THAN A CHANGE IN THE CONSTITUTION
Med --> THAT WILL STOP SPECULATION
Read More button on right

Med --> OH
Brewbaby --> They have to do it before Ramadan, because they can't during, and it wold be too late after IMO
Brewbaby --> would*
Med --> I AGREE
Med --> BUT WE HAVE SEEN THEM GO EVERY DIRECTION
Med --> BUT THE RIGHT ONE IN THE PAST
Brewbaby --> yes we have
Med --> OH
Med --> I WAS GOING TO SAY
Med --> I LOST SERVER
Med --> OK
Med --> HERE IT IS
Med --> GO READ PEREZ'S COMMENTS
Med --> ON THE IRAQI BUSINESSMAN'S ARTICLE
Med --> HE IS SPOT ON
Med --> AND I HAVE SAID BEFORE THE SAME THING
Med --> YOU CANNOT REDENOMINATE
Med --> THAT IS A DEVALUATION
Med --> AND HE EXPLAINS THE 1000 TO 1
Med --> THAT IT CANT BE
Med --> THAT WOULD BE DEVALUING THE DINAR
Brewbaby --> There is no way that Iraq will redeniminate, they have way to much going on that that could happen
Med --> ALSO THE IBN
Med --> IS NOT AN IRAQI PUB
Med --> IT IS WRITTEN BY WESTERNERS
Med --> AND JUST SHOWED UP IN THE LAST FEW MONTHS
Brewbaby --> Why would we get the correct news out of a western pub when we have trouble getting it out of an Iraqi pub, any of them?
Med --> THEY HAVE NEVER BEEN IN THE GAZETTE
Med --> I THINK IT IS NO DIFFERENT
Med --> THAN LIKE THE another site
Brewbaby --> This is just more bs to lead people astray from what is really going on over there.
Med --> AND HE HAS BEEN SPOT ON
Med --> LOL
Med --> NEVER
Brewbaby --> oh yeah, and you can take that to the bank
Med --> I HAVE OFTEN WONDERED
Med --> IF THE another site
Med --> WAS REALLY AMERICAN
Brewbaby --> MEd, the news we have been getting, if you really pay attention to it, you can weed out the news and the bs, and we have some of the best in the business for getting us the news right here on this site.
Med --> YES
Med --> THAT IS TOTALLY TRUE
Med --> I WAS DISCUSSING THAT WITH PENNY
Med --> EARLIER
Brewbaby --> Sometimes I think we get news that other sites only wish they got first. Then they want to bash us for getting it
Med --> THIS SITES KICK ARSS OVER ANY OTHER
Med --> WE ARE #1
Brewbaby --> As they say, teh early bird gets the worm, and our worm getters are stuffed.
Med --> AND THE REST ARE VYING FOR #3
Med --> LOL
cheeks says (04:14:05):
lol
Brewbaby --> I am just sitting back and watching what comes out over the weekend, I think we will see some kind of movement by Monday as to their intentions.
Med --> I AM GOING TO GO OUT ON THE LIMB HERE
Med --> GOOD IDEA BB
Med --> SOMETIMES I DO THAT FOR A WEEK
Med --> BEFORE I WILL DISCUSS SOMETHING
Brewbaby --> sometimes you have too, just to be sane
Med --> NOW ON MY ON THE LIMB
Med --> I WILL SAY THAT THERE WILL BE NO $7 RATE OF EXCHANGE
Med --> LOL
auggie --> i was hoping for 10
Brewbaby --> hehehe.................lol Ah Shucks!
cheeks says (04:16:20):
:'(
cheeks says (04:16:33):
$5.26
Brewbaby --> I like 1.17 actually
Med --> ME TOO
cheeks says (04:17:29):
13 cents will take me off the grid
Brewbaby --> I get a lot of people who send me other sites posts, and all of them are still holding on to the 3+ rate. I would love it if it did, but I am trying to stay grounded on this.
Med --> WELL
Med --> AS WE KNOW THAT IT TOTAL SPECULATION
Brewbaby --> brb, have something to do real quick
Med --> AND THERE IS ABSOLUTELY NOT ONE ARTICLE
Med --> OR INFRANCE
Med --> THAT EVEN HINTS AT IT BEING THAT HIGH
cheeks says (04:19:43):
correct med
Med --> AND HERE IS MY SIMPLE JUSTIFICATION
Med --> ON IT NOT BEING
Med --> NOW WOULD I LOVE IT TO BE
Med --> OF COURSE
Med --> BUT HERE IS THE SIMPLE MATHEMATICS
Med --> AND I HOPE THIS GETS POSTED ON DD
cheeks says (04:21:10):
lol
Med --> SINCE HE HAS PERMISSION TO
Med --> BY ME
Med --> LETS DO A SIMPLE COMPARISON
Med --> KUWAIT:
Med --> POPULATION 3 MILLION APPROX
Med --> THEY PRODUCE 2.5 MBPD APPROX
Med --> THEY HAVE A AVG INCOME OF ABOUT $60 K PER PERSON
Med --> AVG
Med --> THEY DO NOT HAVE UNEMPLOYMENT
Med --> THEY HAVE AN A PLUS CREDIT RATING
Med --> FOR A COUNTRY
Med --> NOW
Med --> LETS USE
Med --> IRAQ:
Med --> 30 MILLION PEOPLE
Med --> UNEMPLOYMENT AND IMPOVERISHED
Med --> IS ABOUT 48.5%
Med --> OF THE COUNTRY
Med --> WITH 7 MILLION UNEMPLOYED
Med --> THE AVG INCOME IS $450 TO $600 PER MONTH
Med --> THEY PRODUCE 2.2 MBPD
Med --> THEY HAVE NO RECOGNIZED GDP BY THE U.N.
Med --> THEY HAVE NO CREDIT RATING
Med --> INTERNATIONALLY
Med --> THEY ARE THE #4 MOST CORRUPT COUNTRY IN THE WORLD
Med --> UP FROM #5 FROM THE YEAR BEFORE
Med --> THEY CANNOT JOIN THE WTO
Med --> BECAUSE THEY WERE DETERMINED TO NOT HAVE ONE TRADEABLE PRODUCT
Med --> THAT WOULD BE WANTED INTERNATIONALLY
Med --> I GUESS I MADE A MISTAKE
Med --> CERTAINLY THEY CAN COME OUT AT $3 PLUS
Med --> LIKE KUWAIT
Med --> THEY ACTUALLY PRODUCE
Med --> LESS OIL NOW
Med --> THEN WHEN SADAAM WAS IN POWER
Med --> AND THE RATE WAS $3
Med --> PLUS
Brewbaby --> MED, when you get a second, please IM me?
Med --> OK CAN ANYONE SEE HOW
Med --> THEY COULD NOT POSSIBLY
Med --> COME OUT AT A 3 PLUS RATE
Med --> OR
Brewbaby --> won't we be floored if they do Med?
Med --> CAN ANYONE SEE HOW THEY COULD
Med --> HELL NO
cheeks says (04:32:40):
hell no
Med --> I WILL BE ECSTATIC
Brewbaby --> We are talking Iraq here aren't we?
Med --> YES
Med --> BUT REALISTICALLY
Med --> THOSE WHO THINK IT WILL BE
Med --> ARE NOT IN REALITY
Med --> NOR CAN THEY EXPLAIN HOW
Brewbaby --> no, realistically, they should come out closer 1:1
Med --> YES
cheeks says (04:33:46):
3 bucks plus...sell everything moving to the islands
Med --> AND THAT IS ALL WE HAVE TO GO ON
Brewbaby --> that is why I like my 1.17
Med --> AND IT HAS ALWAYS BEEN HINTED
Med --> AS CLOSE TO THE USD
Med --> IN VALUE
Med --> NOW I HOPE THOSE WHO SAID IT
Med --> DIDN'T GUARANTEE IT TO THEIR MEMBERS