Popular Post beaver Posted January 7, 2011 Popular Post Report Share Posted January 7, 2011 January 5, 2011 Here is an opinion from a Canadian friend who is president of an off shore Bank – meets with committees in the UN on a regular basis. – Rich Buy Dinar Dinar Friends and Colleagues, “Complete Understanding of the Iraqi Dinar Investment”. This is well worth reading as it puts everything into perspective. I received it just before Christmas and it predicts, among other things, that the RV/RI would happen by Dec 31, 2010. That of course has not happened since I am writing this e-mail to you January 4, 2011. I resisted passing this on to you at the time because I sensed there was more reality than was allowed for in the article. I believe absolutely that the RV/RI will happen. The attached article does too. However, what is unknown by everyone is the date, the rate and the exact process of getting there. I have come to believe that there are actually two “mega games” going on – not just one. Iraq wants to get back into the world community of international trade as a sovereign nation. For that to happen, the international community in the form of the IMF, the UN and the Paris Club hold the trump cards, and they are essentially telling Iraq what they have to do to be allowed back into the game. (Note: IMF=International Monetary Fund. The IMF and the UN are essentially controlled by US interests. The Paris Club is an informal association of banking and financial officials from 19 of the worlds largest economies including Western Europe(14), North America(2), Russia, Japan and Australia.) This is the mega game that is easily seen, and the one that gets all the reporting. I believe the second mega game that is going on is the biggest legal theft in history. The worlds international financial community is anxious to steal the ownership of Iraq’s oil, natural gas and agricultural assets for as little cost as possible. In this game, Iraq holds the trump cards, and their biggest trump card is that the international community does not want the world at large to realize what is really going on. What is really going on is simple. Iraq is arguably the richest nation in the world in terms of its natural resources – oil, natural gas and agriculture. In 1990, Saddam Hussein gave the international community a golden opportunity to “take control” by invading Kuwait. That 1990 righteous war happened so fast that the international public were not supportive of the “international allies” staying in military control of Iraq long enough to “get the job done” – the militarists had to go back for a second war in 2001. All through the years of these last two decades, the international community – through the imposition of UN Chapter 7, economic and financial sanctions and military occupation has indirectly controlled Iraq. Now, the PLAN. First the international value of the Iraqi currency was depressed to near zero. Second, (after removal of Saddam Hussein) the New Iraqi Dinar was reprinted … in the many trillions – because its value was so low. At the same time, what existed of the Iraq economy was trashed by war – with the “need” for the international community to do so greatly assisted by the bickering and insurgencies of the various warring factions of the Iraqi people. Next the major banks and major governments of the world set about “supporting” Iraq and its redevelopment attempts to get back into the world community and at the same time stocked up on the valueless New Iraqi Dinars. This stage was set very simply by the IMF and the US Government “allowing” US brokers and people (and subsequently other countries) to speculate in buying, trading, owning and holding the valueless New Iraqi Dinar. Now, the final stages are set to play out – the re-instatement or re-valuation of the Iraqi Dinar … i.e., the increase in monetary value of the Iraqi Dinar from $.00086usd to in the order of $3.22 – $16.00usd (according to the attached article) – in increase of at least 375,000% And when that happens, who will own Iraq’s resources? The people who own Iraq’s money – and to a significant extent that is already not Iraq. It is the foreign currency reserves of the worlds major governments and the asset bases of the worlds major banks. We private people who hold a few Dinars are pawns in the game. By speculating in the Dinar, we give legitimacy to the PLAN. What happens when we “cash in”? We exchange our actual physical Dinars for local virtual Bank Credit – numbers in our bank accounts. And where do the actual Dinars go? They go into the bank’s vault and onto the asset side of the Bank’s balance sheet. And what do the governments do? – they tax us and the banks … in order to pay back their loans with interest to their commercial bankers!!! And what happens when we spend our new found wealth? We give legitimacy to the PLAN and our local economy recovers. And when all the dust settles, who is/are the ultimate winners … the international commercial banking system – that’s why the RV/RI of the Iraqi dinar is an absolutely sure bet. Only the date, the time and the process of getting there are unknown. So, as I similarly said in a Dinar News sometime back, regardless of all the deadlines set by the IMF, the UN, the Paris Club, or anyone else, and in spite of all the intelligence, information and analysis put forth by the various dinar watcher websites, the RV/RI of the Iraqi dinar will happen when all the major players are satisfied they’ve got the best deal they can possibly negotiate for their own interest group. The only interest group that could possibly rush this is the only group that has no interest in rushing it at all, because they win regardless of how long it takes – and that is the world’s international commercial banking system. And for the largest number of people to never suspect who the real winners are it is important for the process of the world’s governments helping Iraq to get back on its feet to take as long as it needs to. The good news is that all indications are that the RV/RI day is very close. However, this is a tremendously complex situation and every step taken identifies other steps that must be taken. I’m glad all I have to do is cash in when the time comes. The latest skuttlebut is January 7-10. We’ll see. Anonymous (I took the name off to protect this gentleman) 20 1 Link to comment Share on other sites More sharing options...
Econman33 Posted January 7, 2011 Report Share Posted January 7, 2011 Great post. I will be waiting patiently. 1 Link to comment Share on other sites More sharing options...
NotReallyTex Posted January 7, 2011 Report Share Posted January 7, 2011 This probably would have been better posted in the Rumors Section. It has some good points but I would like it better if I knew who wrote it. 1 1 Link to comment Share on other sites More sharing options...
beaver Posted January 7, 2011 Author Report Share Posted January 7, 2011 Please don't give me -'s for passing on information that I received by email.. I am just sharing what I got. thanks. This probably would have been better posted in the Rumors Section. It has some good points but I would like it better if I knew who wrote it. I only have their real name and won't share it on the site.. Sorry. 3 Link to comment Share on other sites More sharing options...
iraqiyodaman Posted January 7, 2011 Report Share Posted January 7, 2011 Where is the attached article the post speaks of? Link to comment Share on other sites More sharing options...
beaver Posted January 7, 2011 Author Report Share Posted January 7, 2011 (edited) Where is the attached article the post speaks of? I don't have that article.. Edited January 7, 2011 by beaver 1 Link to comment Share on other sites More sharing options...
TaintedMeat08 Posted January 7, 2011 Report Share Posted January 7, 2011 This probably would have been better posted in the Rumors Section. It has some good points but I would like it better if I knew who wrote it. He said who it was at the beginning, unless you want another faceless name of someone you don't actually know. (unless you ment without internet actually physically know) Information is information regardless who is giving it. I think opinions was correct because its the E-mailers opinion which contains info that is rumors. I like you Tex, so I don't want you to think I'm being a butt or anything, I just think those two things are fine as is. 3 Link to comment Share on other sites More sharing options...
NotReallyTex Posted January 7, 2011 Report Share Posted January 7, 2011 He said who it was at the beginning, unless you want another faceless name of someone you don't actually know. (unless you ment without internet actually physically know) Information is information regardless who is giving it. I think opinions was correct because its the E-mailers opinion which contains info that is rumors. I like you Tex, so I don't want you to think I'm being a butt or anything, I just think those two things are fine as is. Ya butt I was just curious is all because a lot of it made sense and sounded familiar. Kinda wished it in Rumors though because this would be one of the more believable post posted there just about all day. PS I didn't give you a minus Beaver 2 Link to comment Share on other sites More sharing options...
TaintedMeat08 Posted January 7, 2011 Report Share Posted January 7, 2011 Ya butt I was just curious is all because a lot of it made sense and sounded familiar. Kinda wished it in Rumors though because this would be one of the more believable post posted there just about all day. PS I didn't give you a minus Beaver I know what you mean, I've been keeping the 'What's New' page refreshed on my phone for the past hour it seems, and its just been goofing recently, no news. Nothing I came to see, goofing around is great, but its certainly not why I check every day. 1 Link to comment Share on other sites More sharing options...
SkyGuy Posted January 7, 2011 Report Share Posted January 7, 2011 Good post, good points...thank for you sharing and please continue to do so! Link to comment Share on other sites More sharing options...
commtrd Posted January 8, 2011 Report Share Posted January 8, 2011 Clear and factual. It is indeed the Rothschild group who owns the CBI and of course this whole thing is expressly designed to benefit the international banking cartel the most. What Mayer Amschel Rothschild said: Give me control of a nation's money supply, and I care not who writes the laws. That was true when he said it and it is the truth now. The dinar will RV when they make it happen and in the way that benefits the bankers the most. This group exists and operates shrouded in secrecy and has for centuries. That there is almost no information regarding the RV is testament to their ruthless efficiency and total control. 6 Link to comment Share on other sites More sharing options...
Captjohn Posted January 8, 2011 Report Share Posted January 8, 2011 Very nice. Thanks. Link to comment Share on other sites More sharing options...
VanessaL4100 Posted January 8, 2011 Report Share Posted January 8, 2011 I have actually heard the same thing that their RV can be between 3.22 and 16 usd. Interesting to say the least. Let's all pray! Have a good day, everyone! Link to comment Share on other sites More sharing options...
behaviorkat Posted January 8, 2011 Report Share Posted January 8, 2011 Nice post, and interesting conversation Link to comment Share on other sites More sharing options...
BadCobra Posted January 8, 2011 Report Share Posted January 8, 2011 (edited) The article was indeed a good read, and I want so much to believe it, at least in terms of the potential for an RV rate, or as I have stated elsewhere, I would be ecstatic with an RI in the range of $3.22 - $3.86... However,... _______ remainder from a post I placed elsewhere, but hopefully relevant for those following this thread _______ Many, I suspect (based on their comments), do not quite understand that the pre-war rate of 1 IQD = $3.22 (give or take) was not set by any international banking authority (i.e., IMF), let alone valued at currency exchanges OUTSIDE Iraq.--it was SET by Saddam and likely meant to be on-par with the value of other currencies in the region. The IQD during the Saddam regime had virtually NO value OUTSIDE of Iraq, though that was in my view more of a political tool than a reflection that the Saddam IQD was not truly worth that rate, give or take. Modern comparisons with Kuwait are "fun", but let's remember that Kuwait did not print trillions of Kuwaiti Dinar and flood the market prior to the RI/RV they experienced post-invasion--they printed NEW money and exchanged 1:1, essentially maintaining the pre-invasion value; but that is not the case with IQD, or more precisely the NID. That currency, our current IQD, is a currency printed after inflation had ravaged the country necessitating the printing of massive amounts (25,000/, 10,000 / 5,000 / 1,000), in the trillions (27?) many have reported, and introduced into the system so that Iraqi citizens could resume their commerce and begin a pathway to reconstruction... But let's not forget it is an inherently inflated currency--true, inflation itself has been managed well (since 2003?), but we still are dealing with a currency where it costs (roughly) 500-1000 units to buy a coke... Having said that, as a speculator I certainly believe (or I wouldn't be in this venture) that the (new) IQD must have more value than 1170:1, don't we all? But that there is so much of their currency out in the "wild" is what troubles me. If there is truly, well let's just say trillions, of Dinar out there, then I simply do NOT see how they could (or would want to despite pride or oil/natural gas potential) RV at more than about 1 IQD = $0.10 (US),... MAX--it just seems like a terrible burden for their new government to go into debt in the TRILLIONS, maybe TENS of TRILLIONS, for a country roughly the size of California (in paying to delete the zeros, or as we prefer, collect them back in exchange and then destroy them). Even that rate ($0.10) would "cost" them hundreds of billions of (US) dollars to retrieve from the system (foreign governments and private investors), leaving them to be largely owned by outside forces. And if higher than that rate they need to come up with trillions that they don't HAVE as far as I know; the oil/natural gas are still in the ground and will take decades to get out... Nobody wants to hear that (especially me), and maybe I'll get slammed, I don't know. But unless I am REALLY missing something here I just don't see a huge RV (but am a big cheerleader for it), or an RI even though I have seen unverified reports that the IMF has agreed to allow Iraq to RI at $3.22 + up to 20%... (roughly 1 IQD = $3.86 USD)--tells me I must be missing something if that is true, right??? And fractional banking, while intriguing (and not wholly understood by me), in my mind still doesn't account for the swarm of investors I see dumping IQD for USD and other currencies in an almost immediate fashion--again, someone mentioned there may be agreements with governments to gradually trade their IQD reserves, and maybe that would help? But then, I do not pretend to be an expert in banking, so maybe the banking wizards behind the curtain know how it could actually work??? And yes, I've seen posts "showing" how it would be paid for, others questioning how. They all have good points, but all seem to be missing something, or leaving something out and unaccounted for, and so I am still looking. Seems most all of us are, no? Oh I so hope I am wrong, honest! OK, I've said too much... I need a drink, but it's only 9:00 AM here in North-Central Texas... Oh, wait, it's five-o'clock somewhere... Sorry if I've been a downer... I really want SOMEONE to show me with undeniable proof (oops, there it is!) how Iraq could really afford to RV above 1IQD = $0.10 USD -- Don't we all hope it's at least over $1.00 (a buck)??? Edited January 8, 2011 by BadCobra 3 Link to comment Share on other sites More sharing options...
Dr Hubby Posted January 8, 2011 Report Share Posted January 8, 2011 Well good point BadCobra but I sure hope you are wrong with $.10. I think it will RI to previous level. Makes more sense for their economy and international trade leveling. I don't see any way around it eventually. Link to comment Share on other sites More sharing options...
LittleMissGrits Posted January 8, 2011 Report Share Posted January 8, 2011 Hasn't this been around for several days now? 1 1 Link to comment Share on other sites More sharing options...
Recommended Posts