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tbush

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Posts posted by tbush

  13. CBI Logic for Selling Dinar

    in RV & Dinar Questions

    Posted · Edited by tbush

    Justin88 although I agree with you on how currency works and yes it's done every day, I do respectfully disagree on your version as to why GW Bush did what he did. This Iraq situation has been in plan years long before Bush Jr. gave the orders to invade Iraq and greater minds that be to include Bush knew and did know exactly the turnout of interests involved in this and the aquired goals at hand.

    Nothing physical will go back to Iraq as everything used to buy oil from the US will be most likely in IQD only electronically.

    I do feel that ultimatley the oil purchasing that has always been based by the US dollar will change.

    Thanks for the debate..

  15. CBI Logic for Selling Dinar

    in RV & Dinar Questions

    Posted · Edited by tbush

    I'm having trouble understanding why the CBI would sell directly to currency dealers (or anyone for that matter), if the ultimate goal is to reign in the large denominations. I know that they obviously make money selling their currency with a spread. However, it seems to me if they were truly going to revalue their currency in the near term, why continue to sell the currency knowing it's going to cost you a hell of a lot more money to get those large denominations back to the CBI. Maybe that's not the way it works but can anyone help explain?

    Thanks!

    Real quick in layman terms to explain this...one of the purposes of the plan included the reason for the GWB's presidential order allowing investors to invest in Iraq and purchase the IQD let alone the worlds other countries. By doing this allowed the CBI to sell their dinar (dinar dealers), was just one of the ways for the CBI to attain a fat reserve which also is how CBI was allowed to fight inflation and maintain one of the lowest in the world, which in the end will result in Iraq being able to do what is fixing to happen...IE RV/RI.

    If I am way off on this I apologize and maybe someone could straighten this out...

    I hope this helped.

  17. POURIT'S OPINION...WE'RE DONE

    in Opinions, Perspectives, and Your Two Cents on the Iraqi Dinar

    Posted

    I have no rate nor date although I will say.....please don't panic over these protests, this is a good thing not only for us but the Iraqi's. They are chanting for a better quality of life and that they do not deserve to live like dogs. These protests are only fast forwarding this blessing for Iraq and all those outside of Iraq. Don't sell your Dinar because you will miss out when this RV occurs later.

    Tbush

    • Upvote 2

  21. (NOT FROM ME) Addition to IVY post...well written, good concept,worth reading

    in Dinar Rumors

    Posted

    This is not from me.... use your own judgments as this is in RUMORS for a reason....tbush

    If I may just add to this wonderful and encouraging post - I was told by a source who's connected to the VP that Maliki and company have been busy lining their pockets with among other things, dinars. From what this source within the administration has said, they've been accumulating dinars outside Iraq in order to reap the huge return on investment to come from the revaluation of the dinar. The source also said that Maliki and company aren't the only ones lining their pockets but that family members and extended family and of course, a few other members in the Parliament are taking advantage of the situation. I don't have all the details but this source said that before all the troubles began to unfold in the Middle East, that they were in no hurry to revalue their currency, preferring instead to take their time in accumulating a sizable position in the new dinar before seeing this currency revalued and listed onto Forex. This source also said that Biden was saying the RV was not likely until March but that the turmoil in Egypt and elsewhere in the ME could very well "expedite" matters and help to speed the RV process.

    It seems only too obvious that Maliki and company have been flooding the news media and rumor mills with a steady flow of misinformation to hide their greed and corruption. Fortunately for investors, Maliki has been under constant pressure by the administration who have worked behind the scenes to get this currency revalued.

    And for those who may think the USA is powerless because of all the rumors circulating about an imminent bankruptcy, I suggest a review of the timeline of this process, beginning with the economic sanctions imposed in 1991 by the UN. It was the US that got those sanctions imposed and the US that cancelled the old dinars and replaced with this new IQD. See CPA order 39 (rights of investors) and 43 (new dinar). It was the US, (see Biden and UNSC) that got sanctions removed and the US who's working constantly in the background and behind the scenes to get the RV done. See Deputy Treasury Secretary, Neal S Wolin's visit to Iraq Feb 12-14, 2011 to push Maliki and company, and all involved to get it done and ASAP.

    If you still have doubts, consider this excerpt from the State Dept Doc, "The Future of Iraq Project" detailing the plan to cancel the old dinar and issue the new currency (see CPA order 43) and then to revalue this virtually worthless new currency to the rate of exchange enjoyed by the old dinar in the late 1970's when one dinar = $3.39 USD.

    “It was beyond the imagination of the Iraqis that the foreign exchange value of the Iraqi dinar of the late seventies (one Iraqi Dinar ID = $3.30 USD) will one day deteriorate by almost 660,000% to reach the current value (1U$D = 2000ID)…Therefore the introduction of a new currency is essential for gathering support of the new regime regardless of the real economic conditions for improving the value of the currency…To sustain the likely positive impact of the new currency, it is essential to re-establish the base purchasing and foreign exchange value of the NIB as it was in the 1970’s." That report was issued in June 2005. At the time it was classified information.

    This is a large report and "The Plan" is discreetly buried inside, specifically to hide the obvious fact that you could get incredibly rich investing in this almost worthless currency if this Plan was ever successful in restoring the new currency to the same 1970's rate enjoyed by the old dinar. Of course as with any investment there are never any guarantees, but the US had no trouble getting the UNSC to vote unanimously in favor of removing the sanctions - which at that time was the major obstacle to the RV. So it would appear with that unanimous vote, the US now has some powerful allies who are also working behind the scenes and pressuring Maliki to "cooperate."

    There's a lot at stake and this is a very complex process but it does appear that Maliki may have come to his senses. It does appear that something has happened to turn the tide of this game against Maliki. At the very least, he may have underestimated the determination of the US, our allies and his political opponents to get this done or see him run him out of office.

    FWIW, I don't post much (though I've been a member since November). And I haven't shared much in the way of "Intel" even though I've been watching this situation since 2005 when an old friend and employee of Halliburton told me a good many of his colleagues at HAL were buying up dinars. And I've been given good information on the dinar, aka "intel" by a number of qualified sources; however, no amount of good intel will bring us the RV. And because the situation is fluid and subject to change the latest intel is also subject to be changed or nullified. And thanks to Maliki's misinformation campaign, it has been difficult at best to know who and/or what to believe about the situation in Iraq. But as Ivy's info appears to confirm, this log jam may be on the verge of breaking. And unless Maliki has a death wish, it looks like he just conceded the match. I'm cautiously optimistic, whatever that's worth. Good luck to all.

    --

    Ricky Miller

    • Upvote 17

  22. Bank of Oklahoma is out of the game!!!

    in Dinar Rumors

    Posted

    I am a newbie and this is my first post, so let the bashing begin. I am not posting this in rumors because although there is not a link, it is as simple as a phone call to verify. I went to see my contact at BOK in tulsa today and she verified that as of Feb 28th BOK will no longer sell Iraqi Dinar. She also double punched me by saying that if the dinar does rv (her words) the bank will not repurchase the dinar. When asked why, she just said that her boss told her that there were too many dormant accounts due to the dinar investors and they were loosing money by servicing all those unused accounts, but then she also said that her boss said that the bank could not handle to volume if the Iraqi dinar did rv. What is everyones take on this. (can be verifiied by calling any Bank of Oklahoma branch.

    Trust me when this happens they will be more than happy to have your millions...... don't fret about it :D

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