Happy Wednesday Dinarians!
Wow, yesterday’s post from Southern Shaker must have stirred up some real fury among many of our Dinarian friends, maybe even you too?
Well, it would seem that our friend Snoopy has something to share, and asked that I publish it in a two-part series. Today will be the first part, and tomorrow will be the second part of Snoopy’s Rant! So, without further adooooooooo……
Mr. IQD, I know you and others who read this will say, wow another “LONG-WINDED” thesis by Snoopy, but as you know, sometimes it is just not that easy to convey ones thoughts in just a mere sentence or two. Also, there has and continues to be way too much “running at the mouth” syndrome by these “Hack” Gurus to just sit back and say nothing. There are so many of them that to single any one individual out among a sea of sharks would be futile. Reading many of the Rants from Mr. IQD and similar web sites should give one an idea of just whom these “Hack” Gurus are!
I have over 30 years of investment experience, some good and some not so good. Since the early 1900’s, my family’s business interests have been in the investment arena (Real Estate, Equities, numerous World-wide businesses, etc.), so having had the opportunity to grow and learn from my family regarding investments, has provided me with knowledge and some insights that most wouldn’t have. Let me make this next statement very clear; “I AM NOT PROCLAIMING MYSELF AS AN INVESTMENT EXPERT, NOR AM I A GURU”!
My background has been more general in scope and I feel one has to have earned the right by achieving untold success in one particular field to be called an EXPERT or GURU. That is another reason I challenge the title of GURU bestowed so easily to these people who have LITTLE IF “ANY” BACKGROUND in foreign currency, finances, etc. By the way, who gave these people their title of GURU anyway? [umm, that was the Hack Website “DinarGuru” ]
Perhaps my 30 years of experience entitles me to a little more knowledge than most and I was fortunate enough to have heard about and also seen first hand many people types similar to the “Hack” Gurus in just about every facet of investments. Whenever there’s the potential for allot of money to be made, these “low-life’s” emerge from the darkness with one purpose; steal or manipulate what they can from the naïve and gullible, by delivering a constant dose of “HYPE” based upon “RUMOR” made to look like “FACT”.
After all, if these “Hack” Gurus persist with their rhetoric, it must be true, right? Unfortunately, most people will believe anything they hear if it promises them future wealth (allot of money). The need to have money is greater than the lies perpetrated on the “PEEPS”! (Borrowed that word). Truth is irrelevant; it is their silver-tongues, which these types of people use to manipulate their con. Have you noticed over time how these “Hack” Gurus keep changing the storyline just enough to keep their hook baited and the “PEEPS” keep coming back for more?
Southern Shaker, in his/her recent “RANT” depicts the ongoing modifications of these chronological events quite well. I remember probably four or five years ago, the “Hack” Gurus were introducing the idea that the Dinar was going to RV any second at $5, then $8, then $12. Last year we graduated to the high $30’s. Maybe another year or two, we may reach $100. I don’t know about you but I’m going to hold out for that, lol!
I did want to thank Southern Shaker for his recent ‘RANT’. I won’t elaborate on his post, because he did such a good job articulating many of the same thoughts and feelings I’ve also had. He brings out some excellent points that novice investors should enable them in comprehending the fallacies behind the “Hack” Gurus!
Unfortunately, these “Hack” Gurus have had years of practice for which they have fine-tuned their art of deception and lies translating their rhetoric into convincingly arguable thoughts. Many have left a trail of carnage, which is finally starting to surface for the public to see through the legal system just how corrupt many of these “Hack” Gurus really are. Emotions run high between those who see the constant “CON” of these “Hack” Gurus and conversely, their loyal inbred followers who live, breath, eat and sleep with them.
I can’t speak directly about the heart of many of these “Hack” Gurus (that’s for God), but their fruit which they’ve produced should be evidence enough that we should use much caution when it comes to listening to any of them and their so called sources!
During the last several years, I have written to various Dinar web sites numerous times (very SHORT emails….lol) encouraging and asking them to provide a Guru scorecard based upon the accuracy of what all the Gurus report. I’ve asked the web site owners to provide us with something more responsible then just post after post of the Guru “TOXICITY”. If you guessed that none of the web sites responded to my request, you would be right!
We (that is every Dinar owner) deserve the truth and these Gurus should be accountable for what they post, yet they continue to spew their web of deceit without any accountability. Unfortunately, there is no watchdog agency to patrol the posts made by these Gurus; therefore, they are free to post anything and everything they want and conversely, you are free to believe what you want.
[Which is EXACTLY why I started MrIQD.com almost 2 years ago – to help counter those websites who blindly posted Hack Guru garbage – just to sell advertising!]
I would conjecture to say, but unfortunately, I have no proof, that the intent or purpose of most of these “Hack” Gurus is to promote the Dinar and drive people to their “FREE” conference calls and the Dinar dealers who advertise on the web sites. I won’t discuss the “FREE” conference calls as Mr. IQD has done an excellent job of exposing them already [Here is that Post’s link if you missed it].
In the almost eight years I’ve owned Dinar, I’ve only listened to one (1) conference call, and because of the HYPE I was hearing, after about 30 minutes, I hung up. Maybe for some, you need the conference calls to feel connected and confident regarding owning the Dinar. And, I do believe there are some conference calls, which are administered by very legitimate persons, who really do try to provide positive and accurate information. Those would be good ones to participate in. Again, Mr. IQD has provided a list of those. [Here is the link to the list – I highly recommend you listen to The IQD Team with LJ’s Next Step] But for me personally, I’ve chosen not to participate in them.
Possibly, one day when this ride ends, someone or maybe many will write the Attorney General of their respective states and ask the AG’s office to investigate the link between the Dinar dealers, the websites and the Gurus. I think the findings will be enlightening but probably disturbing and frustrating to many. The “Hack” Gurus and others who have falsely passed on information for their own self-gain or edification will one-day harvest those crops they planted.
Mr. IQD, I would like to commend you and your commonsensical pragmatic efforts to bring some sanity to this otherwise carnival like atmosphere of what we have grown to know as the Dinar, Guru and RV (if one can intelligently use those three words in one sentence). Your effort is applauded and very much appreciated. Using ‘facts’ (novel idea) to support one’s opinion transforms mere emotional rhetoric into solid intelligible information.
I also concur with your response to the emails from people asking you the question relating to whether or not to sell their Dinar. It seems that most people bought Dinar because they thought it would be a way to magically turn $1000 into a million over night (or $3 million), or as some of us like to say, the Dinar Lottery! Where did the idea come from that the Dinar will make one an instant millionaire for virtually no money invested?
Did the UST, GOI, IMF, WB, CBI, WF, Chase or even GW Bush ever suggest that owning the Dinar would make you a millionaire, let along a multi-millionaire? Yes, I understand that several years ago, Shabibi said that he would like to see the Dinar regain the value of the past, but he did not state a specific value [nor a “time frame” either].
So mostly it has ONLY been as a result of the “Hack” Gurus and their “FREE” conference calls pushing that novel idea as fact. Therefore, whether to sell one’s Dinar, is, I believe NOT a question that anyone other than the person asking the question can truthfully answer, or should answer!
I wonder how many asked you or any reputable financial adviser before purchasing the Dinar? How many continue to buy Dinar on the Dinar Dealers novel “RESERVE” program? I do not agree with the program, but everyone is free to make up his or her mind on that subject.
Be sure to check back tomorrow for the exciting second-part to Snoopy’s Rant!
If you need to sound off, but don’t have that much to say, just use the comment form below!
~ Mr. IQD