My Theory

[screwball]

Here’s a thought!

 

when does the US reach Debt Ceiling? Jan 19

Yellen stated she will need to take extraordinary measures if they default!

 

will the house vote to extend the debt ceiling? They will not

 

didnt Iraq say they were waiting in the US for USD solutions to their currency problems? yes

 

what happens if they flip the switch and all that dinar sitting in the US gives them breathing space? Becomes worth a trillion or so? 
 

interesting timing! Yep 

[pokerplayer]

It's a stretch at best but plausible. 

 

  pp

 

 

[Longtimelurker]

Appreciate you sharing, definitely plausible  

[cjdavid]

Interesting thought indeed!

[screwball]

8 hours ago, pokerplayer said:

It's a stretch at best but plausible. 

 

  pp

 

 

Yeah it’s a stretch but very plausible..

[sooner guy15]

Everything about this investment is a stretch, and has been from the beginning!

[Luigi1]

It was claimed Bush-UST purchased 4 Trillion IQD in 2003 at 4,000 IQD to the USD but was never proven or dis proven.

If so, come RV time, it would go a long ways in wiping out the US national debt unless the politicians get their grubby hands on it first.

[cjdavid]

1 hour ago, Luigi1 said:

It was claimed Bush-UST purchased 4 Trillion IQD in 2003 at 4,000 IQD to the USD but was never proven or dis proven.

If so, come RV time, it would go a long ways in wiping out the US national debt unless the politicians get their grubby hands on it first.

I had heard there were pallets of Dinar put in a C130 and flown to who knows where. Also had heard that Busch made the comment that that war was paid for with the Dinar when it RV’s. Only time will tell. $$ is all Fiat so does not mean that much unless your account says you “have” that much. And that is subject to being taken by banks and Governments that want you to have some skin in the game from their over spending lunacy. 

[dinarham]

33 minutes ago, cjdavid said:

I had heard there were pallets of Dinar put in a C130 and flown to who knows where. Also had heard that Busch made the comment that that war was paid for with the Dinar when it RV’s. Only time will tell. $$ is all Fiat so does not mean that much unless your account says you “have” that much. And that is subject to being taken by banks and Governments that want you to have some skin in the game from their over spending lunacy. 

     When we toppled Saddam , the first thing we did was raid their gold depository   and render their currency valueless . These pallets didn't hold the old currency , as the pallet itself would have more value. What they did hold is gold . The cost of the war will be paid in gold , which has coincidently peaked at close to $2k. 

[ronscarpa]

1 hour ago, Luigi1 said:

It was claimed Bush-UST purchased 4 Trillion IQD in 2003 at 4,000 IQD to the USD but was never proven or dis proven.

If so, come RV time, it would go a long ways in wiping out the US national debt unless the politicians get their grubby hands on it first.

 

It wasn't purchased - the US and all the Paris Club nations received IQD as part of the war debt forgiveness..! The US got a significantly larger portion than the other nations. RON 

[Luigi1]

2 minutes ago, ronscarpa said:

 

It wasn't purchased - the US and all the Paris Club nations received IQD as part of the war debt forgiveness..! The US got a significantly larger portion than the other nations. RON 

 

Thanks for the update...

I knew there was a Paris Accord agreement connection, someway.

Iraq made out as well.

The Paris Accord relieved Iraq from it's international debts amassed under Sadam.

[cjdavid]

8 hours ago, ronscarpa said:

 

It wasn't purchased - the US and all the Paris Club nations received IQD as part of the war debt forgiveness..! The US got a significantly larger portion than the other nations. RON 

As we should have!