Thread: Bayshore Capital Investments and the BH Group

Occam's Razor Littleroundman Occam's Razor no kidding. Gregg the Phd claimed he never called the Iraq Dinar a scam when in fact he did.

"Re: Bayshore Capital Investments and the BH Group
Ah, Tommy Styles. How ya doin? I have to admit I've never actually decided whether you're a flat out scammer or just really gullible. You do realize, don't you, that the Dinar RV is as big, if not bigger, scam than GreenZap ever was"

I was just stating a point. Gregg did call the Iraq Dinar a scam. As far as comparing GDP's do you not have to look at the sanctions the UN and IMF had put on Iraq the past 8 years and also look at what had happened because of the war, of course it is hard to compare the GDP to others. I would also like to know how much the U.S. has really pumped into Iraq. I think Iraq would surpass Saudi and Kuwait if they could get a half way decent political system in place. You have to admit that there is a lot of potential there if the people could put aside their differences and work together.

Originally Posted by pjlvio

You have to admit that there is a lot of potential there if the people could put aside their differences and work together.

Of course you're right.

I'd also have to admit if there was no gravity, we'd all fall off the planet.

Which would be OK, unless I went out of my way to convince you I had inside information gravity was going to be switched off next Tuesday and then offered to sell you the means to avoid disappearing into the ether along with the rest of the population.

THAT would be a scam.

Gravity, just like the Iraqi dinar, wouldn't be a scam, just the B/S attached to it.

The only other teensy, weensy problems I have with your hypothetical "if the people could put aside their differences and work together" are that:

a) they haven't
b) they won't (at least in the foreseeable future)
c) even if they did "put aside their differences" tomorrow what practical difference would that make to the value of the dinar ?
d) It would cost someone eleventy two and a half squillion dinars for Iraq to even get back in the game, much less back up a revaluation of the dinar with cold hard.

If you, or any of the Dinarpaloosians want to gamble on it happening, that's fine.

I presume you're all adults and are free to do as you wish.

But, let's not pretend someone selling overpriced dinars at a huge profit to gullible people based on lies, lies and more lies, has anything to do with simple currency speculation.

Or do you have a "high up contact in the IMF who swears on his mothers' life the RV is being delayed by criminal illuminati reptillian life forms from the 7th dimension intent on destroying everything we hold good and holy"

As for your assertion that Gregg, or anyone else here, for that matter, said the Iraqi dinar is, in itself, a scam, can I draw your attention to what Gregg actually said (and you quoted)

You do realize, don't you, that the Dinar RV is as big, if not bigger, scam than GreenZap ever was"

Granted, it's only a small distinction, but it's a very important distinction.

This is a first draft of a later discarded project, it's incomplete and the theme is not properly developed, but read the facts, you need to know this stuff if you're gonna take the red pill and cme bcak to reality..

Originally Posted by Greggory B Evans, PhD

Because the Iraqi People will benefit from a RV!

Wrong. If the Dinar revalued to a rate to make everyone who knows Okie Oil man rich, that money has to come from somewhere. I mean it does you know. And do you know where it comes from? The Iraqi economy! All the money that you and everyone else would cash out comes from Iraq, depleting their foreign reserves and sovereign assets. That’s right, the effect of a dramatic increase in the value of any currency is for foreign holders to cash in. The bigger the change, the more money leaves as the currency is repatriated. So if you’re worried about the good people of Iraq and doing what’s going to help them the most, you would be wanting the value of Dinar relative to other currencies to remain low. And that fact scales, by the way. When the US dollar is weak that actually stimulates the US export economy, it makes US goods more affordable in other countries which is good for exporters and makes foreign made goods more expensive in the US which is good for American companies selling to the US market.

Because Iraq has so much oil, it should be one of the wealthiest nations on earth!

Wrong. The GDP of Iraq is less than half of the GDP if economic powerhouse Mexico. Iraq does have a lot of oil, but westerners have a warped view of how important oil is relative to the wealth of nations. Oil is a commodity, and a vital one at that. Every large economy depends on solid and reliable energy supplies to power the growth of their economies. Now listen to this part, it’s important. In the same respect, every fast food restaurant needs a steady and reliable supply of salt to insure the growth of their fast food business.
Energy is just one of the components that make industrial economies function, oil is only a part of energy and one that in the next 50 years will almost surely be displaced in the proportion of which it now supplies. The economies of the world that depend largely on commodities sold (which is 92% of Iraq’s) are not wealthy nations, the countries who buy their commodities are. Per Capita GDP of Iraq is just $2090, that’s right, even with all that oil the country produces their entire economic output is less than $2100 per person, which hardly is a good basis to claim they are a wealthy nation, by any stretch of the imagination. The simple fact is, Iraq is a third world country and compared to the G20 nations they’re dirt poor. They survive only because the truly wealthy nations buy a product from them.
 

Because Iraq can ramp up production in its vast oil fields to raise revenue!



Well, wrong. They can of course raise production. Good cases can be made that if they want they can pump twice the oil out of the ground or more. The problem is, over the last few decades the world has gotten along fine without that oil, we don’t need it and if you ask the other countries selling oil they don’t even want it. Oil, being a commodity, is deeply dependent on supply/demand curves and all the icky stuff you should have learned in Grammar School Econ class. If Iraq were to dump twice as much oil on the market, the price per barrel would drop to less than half it’s current level, they could easily end up getting less cash for twice the oil.

Originally Posted by pjlvio

Occam's Razor Littleroundman Occam's Razor no kidding. Gregg the Phd claimed he never called the Iraq Dinar a scam when in fact he did.

"Re: Bayshore Capital Investments and the BH Group
Ah, Tommy Styles. How ya doin? I have to admit I've never actually decided whether you're a flat out scammer or just really gullible. You do realize, don't you, that the Dinar RV is as big, if not bigger, scam than GreenZap ever was"

I was just stating a point. Gregg did call the Iraq Dinar a scam. As far as comparing GDP's do you not have to look at the sanctions the UN and IMF had put on Iraq the past 8 years and also look at what had happened because of the war, of course it is hard to compare the GDP to others. I would also like to know how much the U.S. has really pumped into Iraq. I think Iraq would surpass Saudi and Kuwait if they could get a half way decent political system in place. You have to admit that there is a lot of potential there if the people could put aside their differences and work together.

As has been pointed out, I did not say the Dinar is a scam, it is the legal currency of a sovereign nation. I did say that the story being told by the pumpers and dealers encouraging you to buy dinar in anticipation of a dramatic increase in it's value is a scam. And it is. And the sad part is the dinaridiots are getting taken six ways from Tuesday. Between the dealers who are overcharging you on not just dinars, but outragous shipping charges, to the guy this thread was originally about who was
1) charging about twice the already inflated rate for dinar
2) telling a story about a hedge fund that your possible allocation in would be related to how many overpriced dinar you bought from him
3) charging a non-refundable $750 fee to reserve a spot in the aforementioned hedge fund (and that was a violation of federal law, both saying there was a fee and again when he actually took it).

How many people have paid for the DinarVets VIP room, so you can get an e-mail from Adam Montana about an event that is never going to happen, but trust me if it did would be about as big a news story as any since 9/11.
How many people have paid him for his book, where he gives you very bad advice on how to cash in (as if, but I digress)...hint, the best way to cash in is to go to an FDIC insured bank. There is no "special rate savings" or other hooey, currency exchanges are regulated by FINRA, your rate for service fees is the same anywhere you go, and the rate they cash in at is gonna be the spot price as listed, which of course doesn't apply because the IRD is not listed. The difference there is instead of instant spot, you'll get prior days close pricing...
How many gurus are getting paid by the dealers to tell insane stories everyday "It's Done!!" "Obama signed off" "IMF deadline looming" or whatever the story of the day is, and the ones who aren't getting paid, how mentally ill are they that they need to tell a bigger lie everyday for fear that the spotlight will veer away from them for a minute?

I know how it can be inside a closed mental loop, and you prolly don't see it, but trust me, to most of the sane people of the world, and damn near all of the ones who know a bit about money, y'all look to be either insane, stupid as dirt or crooks. And that's putting it nicely. It hardly helps your case that scattered among the the ones you would call the "relatively smart ones" are low level criminals, get rich quick hucksters and scammers of various stripes well and long known to people who follow scams. A guy on one of the dinar forums who calls himself "Chico" for instance, is a guy who is tied to more HYIPS, Autosurfs, Reverse Pension Plans and outright scams than I can count, and despite his bragging how much he's making at any given time from whatever program he's pimping is in fact on the dole, collecting government benefits and doesn't have two nickels to rub together.

As to your comment about comparing GDP, well, I was trying to illustrate a point about relative wealth of nations, which I won't bother to explain to you because you don't want to know what's true, unless it feeds your fantasy. I'm sure your guru of choice has tried to explain away how it doesn't really matter that Iraq is a dirt poor third world nation, it's still going to have the strongest currency on earth. I'm also sure the guru has a good explanation as to how for the IRD to RV to just PAR with the USD it would in fact take about twice as many dollars as are ion existence to facilitate that.

But I just want to point out a few stone cold hard facts before you max out the credit cards (or have you already?) There are reports that one of your gurus is a checker at a grocery store, another is a truck driver, Tommy, who uses his real name I have to point out, also admits he's a truck driver (honorable profession by the way), and at least on of the Dinar Gurus is involved in the NESARA, WGS storyline that if you dig a little you'd discover depends heavily on not only Obama being impeached, but also approval from a guy named Lord Ramma, and Commander Hatton of the ET Spaceship Capricorn, currently in orbit cloaked from human hobby amateur telescopes. (I am not making this up, trust me..better yet, don't trust me, go to quatloos.com and search for NESARA)
This cast of more nuts than California Mental Health Granola is also as a group making millions of dollars off of the so called investors.

I ain't making squat, I don't believe in UFOs and really do have a PhD in Economics....without even mentioning I have in the past worked for both The Federal Reserve (I was a pissant intern, but I worked there) and The Bank of England (I wasn't a exactly pissant intern there, although I made no policy, I worked foreign reserves theory) and believing me only requires you to have a bit of common sense.

Gregg, I AM SICK AND TIRED of you categorizing me as a GURU in this dinar investment. I am the furthest from that. It actually is pissing me off to have to come here and quote your false claims pertaining to that. I have no problem answering questions but to have to defend myself of these claims you lay on this board as this needs to stop.

Originally Posted by Gregg

A<SNIP>

But I just want to point out a few stone cold hard facts before you max out the credit cards (or have you already?) There are reports that one of your gurus is a checker at a grocery store, another is a truck driver, Tommy, who uses his real name I have to point out, also admits he's a truck driver (honorable profession by the way), and at least on of the Dinar Gurus is involved in the NESARA, WGS storyline that if you dig a little you'd discover depends heavily on not only Obama being impeached, but also approval from a guy named Lord Ramma, and Commander Hatton of the ET Spaceship Capricorn, currently in orbit cloaked from human hobby amateur telescopes. (I am not making this up, trust me..better yet, don't trust me, go to quatloos.com and search for NESARA)
<SNIP>.

Tommy, you're right, and I wasn't talking about you in most of the last post. In the quote you highlight, I was actually trying to show you as somewhat above the gurus, in that you do use your real name, and you don't tell ever more outrageous stories.

I owe you an apology and it is here freely given.

I also think you're seriously wrong about the Dinar.

Excepted gracefully and thank you. Now come on over, I am sure the dinar investors would like to read what you as a PHD in Economics has to say. Then in your spare time, visit my Koolaid section as it was designed to bust the GURUS or allow them to bust them selves by reference.

Sure glad you came clean on me as I just earlier made my membership aware of this and recommended them to see it and learn about these type of sites here. They can be refreshing and alerting. See you soon.... ;)

Originally Posted by Gregg

Tommy, you're right, and I wasn't talking about you in most of the last post. In the quote you highlight, I was actually trying to show you as somewhat above the gurus, in that you do use your real name, and you don't tell ever more outrageous stories.

I owe you an apology and it is here freely given.

I also think you're seriously wrong about the Dinar.