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The Real Story On The Dinar!


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#1 SurfingTheDinarWave

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Posted 15 September 2011 - 09:18 PM

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Billions over Baghdad
09/15/2011

(Dinar Recaps Ed: This emailed to us from Dave. Not sure of the origins or validity of the claims stated.)



For those doubting the validity of the upcoming revaluation of the Iraqi dinar, feel free to pass this on to them:

The article below, Billions over Baghdad, written by John B. Taylor, under secretary of the Treasury from 2001 to 2005, and the author of “Global Financial Warriors”, is a concise explanation of the beginnings of the plan to devalue, print a new dinar currency, then revalue (RV) the Iraqi dinar. It was first conceived by Cheney & Greenspan, et al, and then put into action before the first shot was ever fired in the Iraqi War. It also gives credibility to GW Bush when he expressed many times as to how this war would pay for itself, namelyOIL. Iraqi oil at less than $33/barrel coming to the USA.

The 3-5 trillion Iraqi dinar currently held by the US treasury will be returned to Iraq beginning 6 months from now in exchange for oil at the lower price. This, in part, is how Iraq will finance this revaluation. One barrel of oil will cost the US roughly 6 dinar currently held by the US Treasury. That barrel of oil actually costs Iraq from $1.00 to 4.00 to produce. This equates to approximately $.20 to $.50 per dinar (not the $4+ connected to the upcoming RV). Spread the costs of this exchange of dinar for oil out over several years or decades amidst the back and forth commerce of unprecedented proportions between the two countries, and it is clear that the actual costs of dinar for oil will hardly be felt at all.

Iraq will gain so much from international trade and commerce following the rebuilding phase currently underway, that, from this alone, the sum total of the RV could be financed. This is not really hard to imagine when you understand that the FOREX market itself moves (circulates) over 4 trillion dollars worth of currency in a single day. International commerce trades much more than that in a day. The key here is "back and forth". The same money will be recycled many times in many ways, and from this, bills get paid.

In 2003 the new Iraqi currency series was sent by ship, and also flown by twenty seven 747's, into Iraq right during the war. That new series is the very SAME dinar that we all presently hold awaiting its revaluation.

Bottom line is this: The events in Iraq are part of a long standing plan. Now, over 2 million Americans hold an average of 1 million dinar. Every government in the world owns large amounts of dinar with the expectation of leveraging their countries into a lower state of debt. (Have you wondered why the papers have reported numerous "forgiveness of debt" deals being made at national levels lately?)
Most of us, as average American citizens, are only involved in this investment because the election for a new Prime Minister of Iraq last March (2010) was inconclusive, resulting in a 9 month delay (to Dec 15th) to confirm Maliki as the PM. Tens of thousands got wind of this investment during that 9 months. This was followed by another five months to complete the technical infrastructure on the banking and FOREX sides, iron out the last minute back room deals, settle all Chapter 7 requirements, negotiate the payment of debts, and officially form the Iraqi government/cabinet with the final Security Minister being positioned and announced concurrently with the RV.

On Feb 25th, 2011 the Iraqi Minister of Trade formally requested being granted permanent membership into the World Trade Organization as a fully fledged member, rather than as an observer member. Such an appointment can only be made if all Chapter 7 sanctions have been removed and their currency is tradable on the open market. (via Google Translator)

http://translate.goo...knews/2/220831/

Word has spread 'round the globe, partly due to the diligent efforts of the dinar forums, which have complied vast amounts of research, data and first hand intel, in an effort to determine, and plan for, the two most important pieces of information associated to this grand event – "the rate" and "the date".

120+ countries will see changes in their currency values along with Iraq upon the initiation of this unprecedented event. Each nation's currency rate will ultimately (if not immediately) be based mostly on the nation's assets (precious metals, oil, gas, GDP, etc.). See the article in Business Line "Drifting Back to the Gold Standard"

http://www.thehindub...e?homepage=true

The revaluation of the Iraqi dinar is the beginning of the greatest wealth transfer in the history of modern man. The economic structures of the world are currently undergoing their most profound change in economic history. I anticipate that we will see the biggest economic boom the world has ever known taking shape over the next 50 years. We are all part of this history now being made!

Now is the time to prepare the foundation for your future of abundance so you can devote yourself to the pursuit of your purpose and your passions. Be diligent, study, learn and prepare!

May your brightest dreams become physical reality,

xyz


Below is the article that reveals just how the plan to RV the Iraqi dinar got started and who was behind its implementation:

February 27, 2007

Op-Ed Contributor

Billions Over BaghdadBy JOHN B. TAYLOR

http://www.nytimes.c...n/27taylor.html

Stanford, Calif.

EARLIER this month, the House Committee on Oversight and Government Reform held a hearing that criticized the decision to ship American currency into Iraq just after Saddam Hussein’s government fell. As the committee’s chairman, Henry Waxman of California, put it in his opening statement, “Who in their right mind would send 360 tons of cash into a war zone?” His criticism attracted wide attention, feeding antiwar sentiment and even providing material for comedians. But a careful investigation of the facts behind the currency shipment paints a far different picture.

The currency that was shipped into Iraq in the days after the fall of Saddam Hussein’s government was part of a successful financial operation that had been carefully planned months before the invasion. Its aims were to prevent a financial collapse in Iraq, put the financial system on a firm footing and pave the way for a new Iraqi currency. Contrary to the criticism that such currency shipments were ill advised or poorly monitored, this financial plan was carried out with precision and was a complete success.

The plan, which had two stages, was designed to work for Iraq’s cash economy, in which checks or electronic funds transfers were virtually unknown and shipments of tons of cash were commonplace.

In the first stage, the United States would pay Iraqi government employees and pensioners in American dollars. These were obtained from Saddam Hussein’s accounts in American banks, which were frozen after he attacked Kuwait in 1990 and amounted to about $1.7 billion. Since the dollar is a strong and reliable currency, paying in dollars would create financial stability until a new Iraqi governing body was established and could design a new currency. The second stage of the plan was to print a new Iraqi currency for which Iraqis could exchange their old dinars.

The final details of the plan were reviewed in the White House Situation Room by President Bush and the National Security Council on March 12, 2003. I attended that meeting. Treasury Secretary John Snow opened the presentation with a series of slides. “As soon as control over the Iraqi government is established,” the first slide read, we plan to “use United States dollars to pay civil servants and pensioners. Later, depending on the situation on the ground, we would decide about the new currency.” Another slide indicated that we could ship $100 million in small denominations to Baghdad on one week’s notice. President Bush approved the plan with the understanding that we would review the options for a new Iraqi currency later, when we knew the situation on the ground.

To carry out the first stage of the plan, President Bush issued an executive order on March 20, 2003, instructing United States banks to relinquish Mr. Hussein’s frozen dollars. From that money, 237.3 tons in $1, $5, $10 and $20 bills were sent to Iraq. During April, United States Treasury officials in Baghdad worked with the military and the Iraqi Finance Ministry officials — who had painstakingly kept the payroll records despite the looting of the ministry — to make sure the right people were paid. The Iraqis supplied extensive documentation of each recipient of a pension or paycheck. Treasury officials who watched over the payment process in Baghdad in those first few weeks reported a culture of good record keeping.

On April 29, Jay Garner, the retired lieutenant general who headed the reconstruction effort in Iraq at the time, reported to Washington that the payments had lifted the mood of people in Baghdad during those first few confusing days. Even more important, a collapse of the financial system was avoided.

This success paved the way for the second stage of the plan. In only a few months, 27 planeloads (in 747 jumbo jets) of new Iraqi currency were flown into Iraq from seven printing plants around the world. Armed convoys delivered the currency to 240 sites around the country. From there, it was distributed to 25 million Iraqis in exchange for their old dinars, which were then dyed, collected into trucks, shipped to incinerators and burned or simply buried.

The new currency proved to be very popular. It provided a sound underpinning for the financial system and remains strong, appreciating against the dollar even in the past few months. Hence, the second part of the currency plan was also a success.

The story of the currency plan is one of several that involved large sums of cash. For example, just before the war, Saddam Hussein stole $1 billion from the Iraqi central bank. American soldiers found that money in his palaces and shipped it to a base in Kuwait, where the United States Army’s 336th Finance Command kept it safe. To avoid any appearance of wrongdoing, American soldiers in Kuwait wore pocket-less shorts and T-shirts whenever they counted the money.

Later, American forces used the found cash to build schools and hospitals, and to repair roads and bridges. Gen. David Petraeus has described these projects as more successful than the broader reconstruction effort.

But that wasn’t the only source of dollars. Because the new Iraqi dinar was so popular, the central bank bought billions of United States dollars to keep it from appreciating too much. As a result, billions in cash accumulated in the vaults of the central bank. Later, with American help, the Iraqi central bank deposited these billions at the New York Federal Reserve Bank, where they could earn interest.

Finally, when Iraq started to earn dollars selling oil, the United States transferred the cash revenue to the Finance Ministry, where it was used to finance government operations, including salaries and reconstruction. Many of these transfers occurred in 2004, long after the financial stabilization operation had concluded. Iraqi Finance Ministry officials had already demonstrated that they were serious about keeping the controls they had in place. The 360 tons mentioned by Henry Waxman includes these transfers as well as the 237.3 tons shipped in 2003 in the stabilization.

One of the most successful and carefully planned operations of the war has been held up in this hearing for criticism and even ridicule. As these facts show, praise rather than ridicule is appropriate: praise for the brave experts in the United States Treasury who went to Iraq in April 2003 and established a working Finance Ministry and central bank, praise for the Iraqis in the Finance Ministry who carefully preserved payment records in the face of looting, praise for the American soldiers in the 336th Finance Command who safely kept found money, and yes, even praise for planning and follow-through back in the United States.

John B. Taylor, under secretary of the Treasury from 2001 to 2005, is the author of “Global Financial Warriors.”



People, this plan was not intended for us it was to be shut out of our lives so we couldn't even get in, thank you for those of you who were bold enough to make the masses aware of this investment, we all owe you our blessings and good favor in your future endeavors when this comes to a close!!
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#2 Shick

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Posted 15 September 2011 - 09:28 PM

Excellent report, I pray that we all have a brighter future for our family, friend and selves.
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#3 tilak

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Posted 15 September 2011 - 09:28 PM

I love this....thank you for the research and input. I shared with my dinarian friends that hang on to every post I can give them. This is money. Just like why we went to Libya and Iraq to begin with. Don't buck the dollar or you and your country go down.
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#4 leanonme

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Posted 15 September 2011 - 09:32 PM

I have read simular articles like this when I was investigating this investment. I enjoyed reading it again. It is a cheerful reminder of what awaits us!!
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#5 Hot in AZ

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Posted 15 September 2011 - 09:53 PM

Great read and makes sense. Thanks I needed that.

God Bless us all.
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#6 SurfingTheDinarWave

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Posted 15 September 2011 - 09:56 PM

We all needed this, I hope you all send this to everyone you know who is a dinarian to re-assure them of why they are invested and how much good we can do from a plan that started out evil but got found out!!

+1 for everyone!!
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#7 littlefeet

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Posted 15 September 2011 - 10:04 PM

Thx for post Surf !! This is what keeps us ' in it to win it '. Hopefully soon !! GO RV Posted Image
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#8 Stephen Dedeaux

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Posted 15 September 2011 - 10:07 PM

HoooooooRaaaaaaa For this report it's excellent.............................................! Reminds me of ADAM 12 Just the Fact's Mam..................................! In this Case Man.............................................. B)
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#9 littlefeet

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Posted 15 September 2011 - 10:09 PM

HoooooooRaaaaaaa For this report it's excellent.............................................! Reminds me of ADAM 12 Just the Fact's Mam..................................! In this Case Man.............................................. Posted Image



It was Dragnet !!!Posted Image
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#10 quadkidd1

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Posted 15 September 2011 - 10:19 PM

Great reading and thanks for the post !!! :rolleyes:
Quad
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My life's ventures are dedicated to my only child Mark Jr. ( pictured in avatar ) who died as a result of a drunk driver...

#11 MovieMaker

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Posted 15 September 2011 - 10:30 PM

I always believed Posted Image Thanks for sharing a nice reminder.
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#12 mydogz

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Posted 15 September 2011 - 10:33 PM

Good Read,Awsome post.THANKS!!!
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#13 kittycat

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Posted 15 September 2011 - 10:54 PM

What a GREAT post.

Thanks for the information!!
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#14 HopefulTxn

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Posted 15 September 2011 - 10:57 PM

Ok, it talks about the restriction of appreciation of the dinar just after Saddam was removed and the influx of US currency. There is nothing that states that the value of the dinar was going to be even $0.01 per dinar, let alone anything higher as many have claimed.

We all want the best to happen, but this article is around 8 years old and does not state what levels they thought the dinar might go to at the levels that they had at that time. The amount of currency since then has ballooned even more, considering their inflationary problems didn't end until around 2007.

We all want this to happen to make everyone wealthy, but re-posting old articles that don't really state anything to support that assertion doesn't really help understand the CURRENT reality of where they are at.
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#15 HappyVegas

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Posted 15 September 2011 - 11:09 PM

AWESOME FIND!!!! Thank you Surf~! Posted Image
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#16 SurfingTheDinarWave

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Posted 15 September 2011 - 11:16 PM

Ok, it talks about the restriction of appreciation of the dinar just after Saddam was removed and the influx of US currency. There is nothing that states that the value of the dinar was going to be even $0.01 per dinar, let alone anything higher as many have claimed.

We all want the best to happen, but this article is around 8 years old and does not state what levels they thought the dinar might go to at the levels that they had at that time. The amount of currency since then has ballooned even more, considering their inflationary problems didn't end until around 2007.

We all want this to happen to make everyone wealthy, but re-posting old articles that don't really state anything to support that assertion doesn't really help understand the CURRENT reality of where they are at.


This article is of the plan to which was written in the beginning prior to the new findings which you haven't a clue about neither do I nor anyone other than the geological and geothermal experts who did the 7 years worth of surveying Iraq & Shablbl, though this article ends your lopster theory and it was written before your theory even started but you were too blind to see it that way because your mind is closed, which also means even though you say you want this to come to fruition you still lack HOPE, which allows negative actions, thoughts, and vibes given off in an investment filled with 8 years of turmoil and torture where those who spread the light are trying to help you and everyone else find some glimmer of hope in these end times of this investment. At one time you had some hope otherwise you wouldn't be here now, but something changed that somewhere along the lines or someone saying something, the tongue is the poison which you now spew yourself...I posted this because it's truth, light, and HOPE all wrapped into one article and you still find a way to try and cast a shadow over it UNFORTUNATELY for you truth, light, and HOPE wins...yet it's not too late for you to step back into the Light...I and many others pray you do cause you can still help bring good to the world after this does RV, as it was written by the authors of the plan!!

the US Secretary of State document "FREEDOM OF IRAQ PROJECT" supports everything in this article it's a 189 page written plan detailing everything they have done and how they went about it, it was written in 2003 google it and read it yourself if you don't believe me or the truth in this report and want more supporting documentation than provided...dude I will help you through education but I will bury you in paperwork so you understand!!

"LIVE, LOVE, LEARN, & SURF"

AWESOME FIND!!!! Thank you Surf~! Posted Image


YW Vegas...good to hear from you!
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#17 argyll

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Posted 15 September 2011 - 11:17 PM

Crazy long...But Crazy info! Well done Surf! & you're right when you said "we All needed this"! B)
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#18 HopefulTxn

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Posted 15 September 2011 - 11:26 PM

This article is of the plan to which was written in the beginning prior to the new findings which you haven't a clue about neither do I nor anyone other than the geological and geothermal experts who did the 7 years worth of surveying Iraq & Shablbl, though this article ends your lopster theory and it was written before your theory even started but you were too blind to see it that way because your mind is closed, which also means even though you say you want this to come to fruition you still lack HOPE, which allows negative actions, thoughts, and vibes given off in an investment filled with 8 years of turmoil and torture where those who spread the light are trying to help you and everyone else find some glimmer of hope in these end times of this investment. At one time you had some hope otherwise you wouldn't be here now, but something changed that somewhere along the lines or someone saying something, the tongue is the poison which you now spew yourself...I posted this because it's truth, light, and HOPE all wrapped into one article and you still find a way to try and cast a shadow over it UNFORTUNATELY for you truth, light, and HOPE wins...yet it's not too late for you to step back into the Light...I and many others pray you do cause you can still help bring good to the world after this does RV, as it was written by the authors of the plan!!

the US Secretary of State document "FREEDOM OF IRAQ PROJECT" supports everything in this article it's a 189 page written plan detailing everything they have done and how they went about it, it was written in 2003 google it and read it yourself if you don't believe me or the truth in this report and want more supporting documentation than provided...dude I will help you through education but I will bury you in paperwork so you understand!!

"LIVE, LOVE, LEARN, & SURF"


Please point to where it ends the discussion about how the currency has to make everyone that holds it wealthy?

In regards to stepping back into the light, since I have not yet sold my dinar that is not an issue. So you can take that part and put it in your filing cabinet of the round type.

In regards to you Freedom of Iraq Project document, it states quite clearly that if they were to try and resurrect the value that the dinar once held, then they would have had to do a 6,000 to 1 exchange rate during the initial exchange. That portion was left up to the Iraqis (CBI) and they chose not to do it. So please explain how they have elevated from having to do that exchange to a 1:1 at even $0.01.

Here is the LINK to the document that I am referring to - if you have a different link, then please provide that as support of your stance. If you are wondering where I am looking, it is on the page that states "New Currency: Why?", which is about 1/8th the way through the document.

So yes, I have read it - and NO it does not support your claim.
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#19 burn_the_village

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Posted 15 September 2011 - 11:41 PM

2 million americans hold dinar? What proof is their of that? Ali's books?

Don't get me wrong I hope there is a large # of people holding dinar outside of Iraq because Iraq has to honor the currency and they are the ones who have allowed this currency to be sold over these 8 years and have allowed such speculation to continuosly exist over the same time. No country likes currency speculators and if they suspect there is heavy speculation they tend to make their move pretty quick. If Iraq were to fail to honor their currency they risk being shunned by the international community or at best being on the short end of the bargaining stick when dealing with foreign business men.

With so many foreign investors on board assuming that this is true...that would tell you they have to be very careful in how they approach making any change to their currency. A sudden knee jerk reaction to the exchange rate and wham there goes billions out the door but tell me who would buy the dinar at 3.22? or even a dollar? How would the markets be able to guage where its going if it just went up a 1000% over night? That is not how the world works...

Don't expect anything more than a bump in the exchange rate and for it to continue to get stronger as their economy develops.

Edited by burn_the_village, 15 September 2011 - 11:43 PM.

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#20 Mak63

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Posted 16 September 2011 - 12:01 AM

This equates to approximately $.20 to $.50 per dinar (not the $4+ connected to the upcoming RV).

For those of you with more experience, what does this line out of the article mean? It's where they talk about the trillions the US has going back to Iraq for oil at $33/bbl or less. Does it mean the Dinar will RV at $.20 to $.50 per dinar?

Thanks,
Mak63
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