Dollars And Nonsense

I’m looking at the currency converter on CurrencyTradeChat.com and see no change in the value of the dinar.
Wasn’t it supposedly revaluing yesterday and the dong also?

I don’t understand why people keep falling for the same lies and BS when time and time again these gurus have shown they are out to take your money from you.

The dong will not revalue any time in the near future.
I guaranteed it last time and I’m sticking with it.
I have 1M VND.
If it revalues before the end of June I will sell it to the first person to contact me for what I paid for it.
So $100 will get you 1M VND July 1st if it revalues and you can walk away with the extra cash.
Vietnam has NOTHING of value at this point to warrant a big revalue.
20 cents is a huge jump and it isn’t happening.
And check those other currencies that supposedly revalued, bet you they didn’t.

The dinar is another story.
When is the question.
It won’t happen without parliament seated so don’t believe the hype.
Iraq will need a caretaker government or actual government to do anything.
And the $3.22 is to get you to buy more. they have the potential but it’s doubtful they come out that high. Look in the 85-1.70 range.

And in other news. it looks like Maliki and Sadr may indeed have a deal which gives them the biggest bloc and potentially winning block. Allawi is supposedly nowhere in the plan. This back and forth battle will come to a boil soon.
http://www.currencyt…coalition-soon/

These gurus have no sources, no contacts, no bank info at Chase, BOA, Citi. they are shills to hawk the dinar and dong and make the sellers rich.

You want the unadultered scoop? Follow the breadcrumbs.

Comments

4 Responses to “* EddieX Post: Currency Trade Chat (Truth Serum)”

1. Thank you EddieX for your post.

   I am assuming this is the same Eddie who was on the E & G & EK conference call last Wednesday. I am new to the E/G/EK calls, so do/did not know all the voices of the different speakers. But I was very impressed when she (Eddie) spoke about tax issues on that call.

2. Good post. A dose of reality now and then never hurt anyone. The 3 amigos realize some people will actually check things out but they also realize those are few and far between and for the most part…………they consider themselves home free from any trouble their intel may cause, so they’ll just keep on peddling it…..IMO.

3. Data from sites should be taken at face value. Eddie is right. The controlling government needs to be seated. Then a possible RV might happen. That’s the way the world works. great discussions…..

4. I agree with all you said except the “gurus” trying to make money off of the hipe.
   I think they just need some sort of extra strokes to fill their lives. Everyone wants to be the one to be right. ALL YOU GURUS HAVE BEEN WRONG SINCE I HAVE BEEN LURKING…..2008. my advise to all is that if you don’t have any valid intel don’t make up something just to be able to post. Say you don’t know anything……period! Still love you all….Jellybun

Leave a Reply

You must be logged in to post a comment.

* EddieX Post: Currency Trade Chat (Truth Serum) | Dinar Daddy's …

Update The number of home loans plummeted by 7.9 per cent in January, the biggest fall since June 2000, after the phasing out of last year’s first-home buyers’ grant boost and interest rate rises sapped demand.

January’s result follows a revised 5.1 per cent drop in December, the Australian Bureau of Statistics reported, citing seasonally adjusted figures. Economists had been predicting a 2 per cent increase in January.

All up, the number of commitments for owner-occupied housing fell to 51,056 for the month. Total housing finance by value fell by 3.3 per cent in January, seasonally adjusted, to $21.2 billion.

The slump in demand for home loans comes as the Reserve Bank earlier today warned that house prices would keep rising until housing construction accelerated to meet the swelling population. Delays on planning approvals and a shortage of skilled tradesmen – a problem likely to worsen as the mining boom looks set to return – are contributing to rising costs in the sector.

”While consumers are shrugging off interest rate hikes, risingborrowing costs are clearly hurting the housing market,” said Moody’sAnalytics economist Matthew Circosta.

”This marks the fourth consecutive decline in housing finance since the Reserve Bank of Australia commenced tightening monetary policy, suggesting momentum in the property market is fading,” mr Circosta said.

Mr Circosta said buyer enthusiasm could come under more pressure if the RBA raises interest rates again, responding to further signs of a strong job market. The unemployment rate is expected to remain at 5.3 per cent when the data is updated tomorrow.

Macquarie analyst Rory Robertson said that despite today’s poor reading on home loans, ”tomorrow’s jobs report is much more likely to make or break the case for an April hike.”

”It’s probably a stretch at this stage, but a big rise in full-time jobs and a further drop in unemployment would spark plenty of talk and fears of an April hike,” he said.

The Reserve Bank raised its cash rate to 4 per cent last week, its fourth increase since October, as it lifts lending rates to more normal levels. Australia was one of the first developed economies to begin reversing its monetary policy in the wake of the financial crisis.

The dollar eased on the news of the fall in housing finance, dropping from about 91.5 US cents to 91.36 US cents.

Other data out today indicated that consumer confidence remains buoyant despite the rate rises.

The number of first-home buyer loans as a share of total borrowingedged down from 21 per cent of the total in December to 20.5 per cent in January2010.

Over the same period, the average loan size for first-home buyers fell$5,400 to $284,700, while the average loan size for all houses fell$200 to $282,800, the ABS said.

Home loans for new houses dropped 13.2 per cent to 2146 in January, while loans for established dwellings dropped 8.2 per cent to 42,303.

Among the states, homes loans dropped 7.3 per cent in New South Wales and 3.7 per cent in Victoria, seasonally adjusted.

Loans fell 11.1 per cent Western Australia and by 9.6 per cent in Queensland, in the month.

In South Australia they fell 5.5 per cent and in Tasmania they tumbled 8 per cent. in the Australian Capital Territory, they were 4.4 per cent lower.

Home loans rose only in the Northern Territory by 3.7 per cent.

czappone@fairfax.com.au

Home loans slump to 10-year low

fe Bureaus
Posted: Sunday, Jan 03, 2010 at 2107 hrs IST
Updated: Sunday, Jan 03, 2010 at 2107 hrs IST

• Discount Shoes

Hyderabad: Andhra Pradesh chief minister K Rosaiah has decided to approach the government to seek six months extension for the debt relief scheme under the Agricultural Debt Waiver and Debt Relief Scheme (ADWDRS, 2008) announced by the Centre.

As large number of farmers could not avail the 25% debt relief under the scheme announced by the government by December 31, 2009, the chief minister has decided to ask the Centre to extend time up to June 30, 2010 and would soon be writing to the Union minister concerned in this regard.

The state governmemnt is also planning to set up terminal markets at Hyderabad, Visakhapatnam, Tirupati and Guntur to deal with the perishable horticulture produce under the subsidy of National Horticulture Mission. The chief minister further agreed to fill up the sanctioned vacancies in Agriculture Market Committees without financial burden to the state government.

It has also decided to upgrade the Agriculture Market Committees in Hyderabad, Gaddiannaram, Nizamabad and Guntur into super selection grade and post senior level officers in the rank of joint director.

The production of Casuarina, Subabul and Eucalyptus will also be regulated on the lines of sugarcane and oil palm through zoning regulation, the statement added.

Andhra CM for extension of debt relief