Okie Friday Afternoon chat at OOMC 08/05/2011
(Thank you Don for emailing the first parts)
[OKIE OIL MAN] GOOD DAY AMERICANS AND SHIPS AT SEA AND ALL OUR OVERSEAS FRIENDS. WELL HOPEFULLY ACCORDING TO INTEL FURNISHED IN THE LAST 36 HOURS THIS COULD BE OUR LAST WEEKEND OF WONDERING AND WAITING FOR THE ELUSIVE R/V TO APPEAR. IT HAS BEEN A LONG ROAD AND IT LOOKS LIKE WE ARE THERE. I HAVE A FEW WORDS OF ADVICE I WOULD LIKE EACH OF YOU INVESTORS TO CONSIDER AND THINK LONG AND HARD ABOUT BEFORE MAKING ANY KNEE JERK RASH DECISSION'S. I WILL NOT PREACH BUT SIMPLY REMIND SOME OF YOU THAT MADE PROMISES TO YOUR GOD TO KEEP THOSE PROMISES. I RECOMMEND EACH OF US SHARE TO WHATEVER EXTENT WE FEEL COMFORTABLE WITH CHARITY'S OR OTHERS IN NEED AS YOU WILL PROBABLY FOR THE FIRST TIME IN YOUR LIFE BE ABLE TO AFFORD TO DO WHAT IN YOUR HEART YOU HAVE WISHED TO DO FOR YEARS.
NOW DOWN TO BUSINESS--THERE ARE 2 SCENARIOS REGARDING CASHING IN PROCEDURES THAT SEEM AT THIS PRESENT TIME TO BE POSSIBLE.
SCENARIO #1 - IRAQ AND THE IMF WILL R/V WITHOUT THE CO-OPERATION OF THE USA AND IF SO THEY WILL R/V AT A LESSER RATE THAN THE USA WANTED.
SCENARIO #2 - THE USA WILL INITIATE THE R/V AT A HIGHER RATE AND MAKE OUR DECISION ON WHETHER TO TAKE THE USA RATE OR WAIT.
IN EITHER SCENARIO DON'T BE IN A RUSH TO BE THE 1ST PERSON AT THE CASH IN LOCATION. IT IS JUST POSSIBLE AND MOST LIKELY PROBABLE THAT AN INITIAL RATE OF LESS THAN THE DINAR POTENTIAL'S VALUE WILL BE OFFERED TO ATTRACT THOSE WHO ARE DESPERATE ENOUGH TO CASH IN AT ANY RATE. IF IMMEDIATE CASH FLOW IS NEEDED--THINK ABOUT CASHING IN ONLY A SMALL AMOUNT INITIALLY AND WAITING A WHILE (PROBABLY ONLY WEEKS AT THE MOST) AND RECEIVE A HIGHER RATE. REMEMBER IT'S THE 2ND RAT THAT GET'S THE CHEESE. MAY GOD RICHLY BLESS EACH OF YOU AND PROTECT YOUR NEWLY RECEIVED WEALTH AND MAKE YOU A GOOD STEWARD OF HIS MONEY.
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[OKIE OIL MAN] I DO NOT KNOW WHETHER A CALL WILL BE MADE OR NOT---THERE WERE SO MANY HUNDRED OF THOUSANDS LAST NIGHT IT CRASHED THIS SITE AND I HEARD THE PHONE SYSTEM ALSO - IF WE HAVE A CC----I WILL POST--BUT ONLY A FEW MINUTES BEFORE SO AS TO AVOID THE PROBLEMS OCCURING LIKE LAST NIGHT.
[DinarWishes] [ttfiji] okie oil man, will you be using a bank to cash in, or another method such as Ali from Dinar Trade if he re-opens?
[OKIE OIL MAN] TTFIJI--I WOULD HOPE THAT THEY DO HAVE UST/IRS OFFICES BECAUSE OF THE TAXATION EASEMENT BUT IF NOT I WILL GO TO A TRUSTED FINANCIAL INSTITUON OR ANY TRADER THAT CAN PROVE TRANSFER OF FUNDS BEFORE I LEAVE THEIR LOCATION
[DinarWishes] [Strangest Secret] an obvious-how much more can the "higher up" expect the global economies to suffer and lose credit...US, spain, italy etc...love to hear his thoughts on this -thanks Okie
[OKIE OIL MAN] STRANGEST SECRET--IF YOU FOLLOW WORLD ECONOMICS AND POLITICS YOU WILL REALIZE WE ARE AT THE BRINK OF THE CLIFF AND IF INTERVENTION FROM SOME SOURCE DOESN'T OCCUR-----THE WHOLE GLOBAL SYSTEM WILL COLLAPSE INTO CHAOS
[DinarWishes] [eleanor] Okie Oil Man what are your thought about the Supreme Court looking at O's right to be president?
[OKIE OIL MAN] ELEANOR--ALL WE CAN DO IS PRAY FOR THE TRUTH TO EMERGE----THEN LAW WILL TAKE EFFECT
[DinarWishes] [kiki614] Have heard Lybia may be the next country to study for monetary investments... any comment?
[OKIE OIL MAN] KIKI614--WITH THEM STILL FIGHTING OVER THERE DON'T YOU THINK IT IS PRESUMPSCIOUS(SP) ON OUR PART TO EVEN CONSIDER THAT?
[DinarWishes] [Arizona] if your response to dinarwinian is correct then what is your take on the insanity in the market - over 400 point swing today alone in one hour... the situation in Europe seems to be the driving factor today. Do we go lower or level out?
[OKIE OIL MAN] ARIZONA--THEY ARE WEEDING OUT THE MOM AND POP INVESTORS AND SEEKING A BOTTOM TO THE MARKET WHICH SEEMS TO NEARLY BE REACHED MAKING THIS A BUYING OPPORTUNITY. LET'S SEE HOW THINGS SHAKE OUT NEXT WEEK. THE SUREST WAY I KNOW OF TO LOSE MONEY IS TO PLAY HUNCHES OR RUMORS ON THE STOCK MARKET---SEASONED INVESTORS DON'T KNOW WHAT IS GOING TO HAPPEN SO I SURE DON
[DinarWishes] [wizkid] Is the new Super Congress there to change all the laws after the Collapse? Dinar for your thoughs? Thanks
[OKIE OIL MAN] SUPER CONGRESS IS ESTABLISHED TO PREVENT PHILABUSTER TIME KILLING METHODS ALLOWED IN SENATE AND CONGRESS
[pennoch2000] [Arizona] So black box trading is probably what is going on. I would think for RV to happen the market needs to rally to allow dollar to drop again.
[OKIE OIL MAN] ARIZONA--THE 2 DON'T MESH---NO RELEVANCE AT THIS POINT NOW AFTER THE DOW CRASH
[DinarWishes] [whatmework] Okie Oil Man, do you think the extreme drop in the stock market and dollar was a part of the "plan" as set out so many years ago, or is this a disappointment of the handling of the debt ceiling?
[OKIE OIL MAN] WHATMEWORK--INTERESTING QUESTION-----I THINK THE STOCK MARKET DROP IS AN UNRELATED SIDE ISSUE THAT SEEMS APPROPRIATE NOW TO POINT OUR FINGER AT BUT IN REALITY I THINK IT HAS NOTHING TO DO WITH THE PLAN---
[DinarWishes] [ubetcha] Okie Dear Sir... I have been wathcing the price of oil per barrel and it has dropped to $86 per barrel... Will this have an effect on Iraq's budget and could this in any way effect the urgency of the RV? Thank You for your time and attention kind sir.....
[OKIE OIL MAN] THE ONLY EFFECT IT WILL HAVE IS REDUCE THE AMOUNT COMING INTO THEIR TREASURY. REMEMBER THO THAT THEIR BUDGET IS SET UP ON 85. DOLLAR A BARREL AND AS LONG AS IT STAYS AT THAT LEVEL OR ABOVE THEY ARE WITHIN THEIR BUDGET RESTRAINTS AND GOALS
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