7-4-2012

B says he's going to make a public appearance for the MLM real estate group REIC in Anaheim, California on July 13 & 14.  Maybe some of you will be able to make it and ask him to explain again how Iraq is going to reduce the money supply to 30 billion dinar without a lop.  Or maybe how holding lower denoms protects you against a lop.  LOL!!!


A reader reports his joy over getting 6% interest in his Warka account.  Nothing is said about Warka being insolvent.  B says he's making money all over the place in Iraq.  Then he says that Iraq is trading their currency internationally.  He qualifies that by saying they're trading it with banks outside of Iraq.  So they transfer currency to a few banks outside their borders and they're "trading internationally"?  Oy Vey!


Then he rants about the "In Country Revaluation" theory blaming it on loppers.  I haven't heard any loppers talking about an in country revaluation.  I've heard them say that Iraq is going to redenominate and it might be a tad problematic exchanging IQD for USD or the new dinar when that happens, but a redenomination is not the same as a revaluation. 


Other than that he just basically babbles about how much he knows about investing and talks about how Iraq's gonna add value to their curency and make lots of money for his followers then he pumps his new website.


http://www.youtube.com/watch?v=q_VC0q53lxI&feature=plcp