Thursday, April 14, 2011

Enorrste Chat: G.E.T. 4/12/11

RUMOR



Enorrste Chat 4/12/11 late evening
« on: April 12, 2011, 11:54:44 PM
[Enorrste] Shabibi is confirmed as being at the BIS in Switzerland
[Enorrste] final “touchups”, if you will
[Enorrste] Also, the pinging was successful and all are central banks are now on board
[Enorrste] Also, from bluwolf, the “trigger” has been handed to a very highly placed personage.
[Enorrste] Bluwolf called him “second in command”
[Enorrste] The intel that he gave regarding a possible lower rate than our $6.18 for about 2 or 3 weeks was also valuable
[Enorrste] We need not rush to cash in, as far as I see it, but should hold back a bit, or do the “dollar cost averaging” that I referred to in my last reading concerning gold
[Enorrste] In other words, cash in a little each week into your trusts. You may not get the very top, but each cashing in will be better than the last
[Enorrste] and your average gain will grow
[Enorrste] they are on record at a minimum of $3.33 from 2005; I suspect the opening will be higher, but less than $6.18
[Enorrste] but as bluwolf said, his intel is indicating that within 3 weeks it will have risen to a better level
[Enorrste] Rich Queen has a particularly “Gankian” perspective to it
[Enorrste] she is on record regarding a “rebooting” of the entire banking system, as is Gankans
[Enorrste] this is new intel on this call and may indicate that they are going to try to draw in the large denoms early and quickly at a slightly lower rate
[Enorrste] then allow it to float freely, or managed, for a while to seek equilibrium
[Enorrste] hopeful4rv , well, in her case she is talking some really big changes, like the end of the FED; stuff that Gankans has talked about
[Enorrste] I’m not yet sold on that concept.
The Professor So it could go higher in a few weeks….or lower?
[Just-A-Waitin] The Professor To be honest, if this pops anywhere north of $3, I am all in – then put it good use
[hopeful4rv] The Professor thank you
[Enorrste] However, what I do find interesting, and I alluded to this in my reading on Sunday, is that if the RV occurs tomorrow sometime
[Enorrste] Then Obama in his speech will claim all the credit for having worked it out
[Enorrste] And, in addition, will say that the USGovt just happens to hold trillions of dinars
[Enorrste] Therefore, he might say, our budget worries are over
[Enorrste] And, as I hinted on Sunday, he may be kicking off a very strong re-election campaign tomorrow night
[Enorrste] he won’t have to speak of the dinar in particular, if there are in fact 111 countries RVing at the same time
dryden01] The Professor yoou mean he won’t blame the windfall on Bush?
[Enorrste] He can be much more general and still get it across that this will be very good for America’s financial position
[Enorrste] I think that may be a very good play, with a stop-loss at a downward position of, say, 3%
[Enorrste] thus, if for any reason the IQD falls, you will be “stopped out” with a minor loss.
[Enorrste] On the other hand, if it continues to rise, your “stop-loss”, since it follows up with the market, will continue to lock in more gains
[Enorrste] I believe that it is evident that someone is now pulling Ali’s strings. He changed his tune dramatically on our last call.
[Enorrste] I think he was told what to say
[Enorrste] I also think he may have nearly lost his license to trade because he was too open in the past
[Enorrste] therefore, he came back to a typical FOREX type position; long slow growth, maybe
[Enorrste] I don’t fault him. I suspect that he is being scrutinized closely now, and that because of that we also should be cautious
[Enorrste] sunsfan , I believe that we will see “equilibrium” to the IQD after the RV within about 90 days, no more
[Enorrste] then it will be “managed float” from that point onward
[Enorrste] I thought Seeker’s talk on the state of affairs in Iraq now was very good
[Enorrste] It will be a moot point shortly for us, but it is nice to hear an intelligent discussion of the issues
Enorrste] According to what I’ve heard, Iraq is now officially in the WTO (this means that the RV is done, IMO)
[Enorrste] Ali doesn’t care about our gain or loss. He makes his money on the spread between what he buys dinars for and what he sells them for
[Enorrste] He had his hand slapped, big time, and did a super “about face” to please the USTreasury, I suspect
[Enorrste] I saw a post on it today, or got an email. It didn’t come from our site; maybe PeoplesDinar; can’t recall
[dryden01] The Professor what you said is true…but he may want to make money on us becoming discouraged and trading in our inventory at a low price
[Enorrste] dryden01 , that has been happening already for months now. There are people who are cashing in because of disillusionment; but Ali is not profiting from that, except by the amount of his spread
[JMacLuvsGET] The Professor you KNOW that the conservative wing-nuts among us (i.e., ME and others) will be emailing Beck, Hannity, O’Reilly & others “spilling” the dinar thing when O tries to take credit for the windfall to the US govt. Whether we’ll be acknowledged is a different matter, but if enough of us do it, surely they’ll at least look at what we’re saying?
[Enorrste] JMacLuvsGET , CNBC had both a “ticker” on the lower part of the screen as well as a TV discussion on the imminent rise in the value of the dinar
[Enorrste] I saw the UTube, but not the ticker
[Enorrste] I was told that the ticker indicated that the dinar would end up the most powerful currency in the world!
[jake trainer] The Professor Do you know if its true–Shabbi is in Switzerland with the BIS
[Enorrste] jake trainer , information I received today confirmed that he is definitely there
[hopeful4rv] The Professor how can Ali have a spread if he says he’ll honor the CBI rate?
[Enorrste] hopeful4rv , we have no way of knowing the deals he makes with Iraq; suffice it to say, he isn’t doing this for free!
[markeb77] The Professor Hi, when did this ticker news play? thanks
[Enorrste] markeb77 , apparently earlier today. I went on CNBC site and found the video article, but the ticker stuff comes and goes, as it does on all channels
[Enorrste] I doubt it is recoverable; it’s a “live” sort of thing only
[Enorrste] but the article/interview was quite clear (dated yesterday) and indicated that they must have “intel” to indicate that this is nearly complete
[Enorrste] otherwise, why go on record?
[momma5] The Professor if the rv was to come out low like.10 why would they take so long to rv
[Enorrste] momma5 , there is no way that it will come out that low; they are on record at an absolute minimum of $3.33
[Enorrste] then given growth and inflation in the country over the last 30 years, when the $3.33 was a “real” value
[Enorrste] you can expect it to be more than that, at the opening, IMO
[Enorrste] CNBC; google “CNBC Iraq Currency” and you can find the article near the top
[Enorrste] in my reading on Sunday I discussed how I felt the dollar/dinar equation would play out
[Enorrste] but in summary: dollar will rise with our increased reserve position due to the RV
[Enorrste] but inflation is already in the system, and may well be exacerbated if O gets control of the oil industry
[Enorrste] so in time (probably within a year or so) inflation will cause the dollar to fall again
[Enorrste] by then we will need to be in R/E and gold/silver
[rhinos] The Professor … You are the only one that brings common sense to this investment…Thank-you…
[Enorrste] rhinos , thx for the comment
[dlibrate] That’s why they keep harping on taxing the rich
[Enorrste] dlibrate , exactly; Obama will be in a very strong position to claim it is definitely time to tax the rich, with 300,000 or so new multimillionaires after the RV
[Enorrste] we will have to be very cautious, and hidden
[Enorrste] remember, after capital gains taxes are paid, this is OUR money!
[Enorrste] So they will only be able to tax our INCOME or GAINS after the RV
[Enorrste] and if we are careful, we will still come out OK
[Enorrste] The Tea Party will become our staunch ally in this upcoming battle
[Enorrste] they will insist that we be left alone
[Enorrste] Like Reagan said 30 years ago: “Rising waters raise all ships”
[Enorrste] therefore, if we are left free to invest without overwhelming tax burdens, we will benefit everyone
[shalom babe] The Professor There has been something bothering me for over a year and I just cannot dismiss it. One of my clients worked on Wall Street in the Stock Exchange for a number of years and when I told her about the dinar, she said she never messed with currency trading because it was so unpredictable and when it revalued you had to be right on top of it in order to make the deal quickly..sometimes in less than an hour in order to get the best price. Most was done by brokers that had their finger on the trade button. How does this differ from what we are preparing to do that might takes weeks? I just need understanding on this.
[Enorrste] shalom babe , as I stated earlier, I expect the dinar to rise in value even after the RV
[Enorrste] therefore your risk is low
[Enorrste] however, let’s assume that you cash all in at something around $3.50
[Enorrste] you have that
[Enorrste] now, if you go into the FOREX and rebuy, believing it will continue upward
[Enorrste] you place a “stop-loss” sell order 3% below your entry point
[Enorrste] if it falls, you will be sold out at a loss of 3%
[Enorrste] on the other hand, if it rises, the stop-loss order rises with the market, always 3% behind the current price
[Enorrste] so it if goes to $6 and then stalls and falls back, you will be sold out at $5.82; bottom line: you win
[Enorrste] shalom babe , personally I believe the dinar will go well over $6 in the next year
Enorrste] The “fundamentals” as I wrote in my book, indicate that Iraq’s currency could rise well above $6 in the future, especially if their oil exports get on line quickly
[Enorrste] Okie says it may take years (5 to 7 or more) and he may be correct.
[Enorrste] On the other hand, with foreign oil companies chafing at the bit to get in there, I suspect that the infrastructure will be created more quickly and that significant gains in oil exports will occur within 24 to 48 months.
[Enorrste] I read that the cards were loaded a few days ago; but I haven’t heard more since
[JMacLuvsGET] The Professor how do you see the interaction of the temporary increase in the $ as we buy land, toys, etc. & simultaneous increased demand for gold in the rest of the world? To me it’s tough to read – thoughts?
[Enorrste] JMacLuvsGET , you bring up a good question.
[Enorrste] With an additional 300,000 multimillionaires in America overnight there will be a gradual, and then increasing demand on fixed real assets
[Enorrste] Let’s go through a few of them together
[Enorrste] Start with real estate, or more particularly developed real estate
[Enorrste] We will all, if we are smart, begin seeking out good deals, either in single family homes for rentals, or in 4-plexes, or even in commercial buildings
[Enorrste] there is a glut of available inventory right now, so the short term affect will not be too dramatic
[Enorrste] but within months we could all find ourselves engaged in “bidding wars” as we try to gobble up the dirt cheap R/E
[Enorrste] and, at some point, the last big bubble will be blown up by our own purchases
[Enorrste] just as we have seen this happen before, it will happen again
[Enorrste] the last bubble started in 3rd quarter 1997 and lasted until Dec 2006
[Enorrste] That is why I stated clearly in my reading to begin liquidating 7 years from the start; if you wait too long you may get stuck with real estate you cannot unload
[Enorrste] the rentals will all be owned by trusts (one for each house) and managed by a management company. You are anonymous!
[Enorrste] Now, this bubble will be even bigger than the last; we know this from history, and the fact that O has put too much paper money into the system
[Enorrste] so prices will rise; if we are all shrewd we will get our “positions” laid in within 6 months of the RV
[Enorrste] Cash purchases only, bottom feeding; REO’s (bank owned properties)
[Enorrste] Even if they NEVER get rented, we will win
[Enorrste] because the demand will be seen by the market (local realtors) who will follow our lead and attract their clients to “get on board”
[Enorrste] therefore, I firmly expect at least a 500% gain in prices during the 7 year period
[Enorrste] this last cycle had a 400% gain
[Enorrste] the one before a 200% gain
[Enorrste] and the one before that (I’m really old, aren’t I? LOL) a 100% gain
[Enorrste] so your 1 million dollar investment in 10 homes at $100,000 each will gross you out at $5 million, or more
[Enorrste] Take off the 15% cap gains and you still have $4.25 million! over 7 years, on $1 million invested
[peewee] Plus inflation adjusted rents
[puregold] I, for one, am exceedingly grateful for people like The Professor, who do so much research for me – I know I will have to do my own, but he, and others, give me enough info to have a starting place I didn’t know was there.
[shalom babe] The Professor that last gain was probably right after the ark landed, huh?
[Enorrste] shalom babe , I had an option to buy the Ark, but it had suffered some scraping damage when it hit the mountain, so I gave up on it.
[Enorrste] puregold , I hope to be a “light” here after the RV, but I won’t be here forever
[Enorrste] I actually got an email from one of our members in New Zealand a couple of days ago inviting me to come visit post RV!
[Enorrste] And another from an Amish fellow in Indiana! He admitted that while the town drives around in horse and buggies he has a laptop! HAH!
[Enorrste] shalom babe , Oh, I’ll be going to Texas, and Alabama; Telephone man is in Texas and Gottabeme is in Alabama; they are insisting that I show up!
[Enorrste] zigmnstr , I grew up about 25 miles from Pella, Iowa, an Amish community. They make Pella Windows there (very nice high quality windows)
[Enorrste] When I was young it was all horse and buggy, but since has become more worldly
[doughboi] The Professor how close do you think we are tonight The Professor
[Enorrste] doughboi tomorrow or by Fri at the latest, IMO
[Enorrste] OK, y’all I have to talk with Ray, our trust guy; if the chat remains open I’ll come back.
[Enorrste] Get ready!
RUMOR RUMOR

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