boonduck

Is it possible the Dinar could be DEVALUED first, in order to create a stampede of big note sellers---and then, reverse course..

Apparently the Treasury Dept. licensed many of the Dinar vendors...so don't sweat it...

Maybe they added a new cropduster to their fleet....

FP.. Since we're ultimately "bought and paid for" by these Globalist money-masters...is our only possible escape, a system that would allow us to barter for goods and services-and absent barter, purchase those same goods and services with Gold & Silver coins/ Bullion ? Sounds rather apocalyptic, but inquiring minds want to know..

Incredible answer... Perhaps on a macro scale, this is the very old "owing your soul to the company store" scenario.. Although a Texan by choice, I was born in Applalachia....and the old saying of " money talks and Bull**** walks" , is applicable here.... Thanks for the insight...

...And when this happens, the citizens of the US are headed for 3rd world status....

Actually, my previous comment was to thank Scott for his initial response ( ADD, I guess )....but FP's research, links etc. are very much appreciated, as well... All you guys are quite educational and, I might add, quite entertaining...

FP, I did understand reasoning behind post, and thank you immensely for your research and this illumination.. Since you guys on this thread seem to be some of the brightest bulbs in the pack...please help me understand this.. Why did the Iraqi CBI do the Texas two-step and create all these trillions of paper Dinars, with their extraordinary world-class security features, if they are simply going to turn around and call them all back in before 2010 ends ? I was kicked out of the 4th grade for not shaving, so I'm pretty certain I'm missing something here...

Maybe Greece should have been buying Iraqi Dinar with those Goldman Sachs "loans"

Thats easy for you to say....

Fiery Phoenix, Thank you for this research and related commentary...

As an aside, even though I have a rudimentary understanding of how the global currency mkts operate ( having earned my stripes trading on FOREX ), I'm concerned about the reserve status of the US Dollar.. We hear nothing about M3 anymore and don't have any idea if Bernanke plans to drain the swamp of excess liquidity, or not. Somewhere in there, between the need to raise rates and the out of control US Debt/deficits, chaos looms It seems all these Fiat currencies may be in trouble ( some more than others ) and this is the real reason that precious metals have taken off .

Unfortunately, I've dropped a wad on some of those "pump & dump" penny stocks....learned the hard way... These Pink Sheets stocks have very little, in the way of SEC oversight.... The best bet right now, if you believe that the mkt is due for a significant correction, is an inverse ETF....A couple of my favorites are: SDS and FAZ As always, trade at a comfortable level...I'm not aware of anyone having a crystal ball when it comes to the stock mkt(s)...

Good piece... Question...Since the Iranian Rial ( According to XE.com..IRR/US Dollar 9826 ) seems to come closest (among Middle Eastern nation states ) to the current Iraqi Dinar/US Dollar valuation of approx. 1170, do you have any idea as to the total volume of Iranian Rials ..? This Iranian/Iraqi Shiite axis concerns me greatly...and these concerns extend well beyond any potential RV of the Dinar... The implications for the US are enormous...

Sonny1, Based on this premise, doesn't it seem logical that by virtue of the Iraqi's RV'ing- and subsequently removing most of the Dinar floating that's floating around the globe-they have, in effect, re-joined the "International Community" ? The Dinar then becomes tradable on FOREX, and just like water, will seek it's natural (financial) level...... If that is true, we could then open a FOREX account with our "winnings" and continue to "trade" the Dinar there... Inquiring minds want to know...