Adam Montana Posted October 15, 2009 Report Share Posted October 15, 2009 this was sent to me by a newsletter reader - interesting read!Announcement from After The Gold Rush>> Situation:>> Ok...so here we are.>> There is a large amount of intel and supporting news that has been>> gathered and shared on the chats, postings and e-mails from various forums.>> All of this points to a revaluation of the Iraqi Dinar and other currencies to happen soon.>> This is an event that has been in the works for many decades and is being coordinated on a global level as we all>> know and the supporting data of same is easy to find on most forums or by the simple use of a standard Internet search engine.>> I will use this brief e-mail to summarize and clarify the current situation as it relates to currently available intel,>> info and data as cross referenced with intel we had received in the spring of this year as a base reference.>> I will be doing this because it has become evident to those who were made aware of this information earlier this year by a former contact who had shared information with us that we now seem to be seeing this information being replicated and verified by other research teams working independently.>> Recap from spring of this year:> 1. We were told there will be two rates.> One rate is to be a higher rate that will not be seen by the public and will only be used as a government to government rate.>> This higher government rate had been set up by the IMF and World Bank as a means of settlement of outstanding international issues between Iraq and the debtor nations.>> This was being done as part of the International Compact with Iraq. The I.C.I.> This higher government "book" rate was to never be seen by the public and will never be used outside of its> specific parameters of use as per designated by the IMF, the World Bank and the International Compact with Iraq.>> The higher non-public government rate we were told at that time was planned to be $3.86> The second rate we were told is the lower "public" rate.> This rate we were told would be higher than a Dollar, lower than the Pound and at or near the Euro.>> The current rate of the Euro is $1.47> 2. We were told there would be a limited time to exchange the Iraqi Dinar.>> We were told that this time which will be made known some time after the rate change would be no longer than 45 days.>> Now....here is where I would like to give some clarity to some of the current information we have been hearing.>> There was word that the U.S. Treasury would be taking something "off of the top" of the Iraqi Dinar exchange.>> Well that is some what true...but how that will happen is (as we were told in the spring) by the existence of the two> separate rates....the higher government rate and the lower public rate.> So YES the US Treasury will get more.....but not in the way most have feared.>> They (the US Treasury) will receive more by the use of the higher government rate....not by taking anything from you,> but by ADDING to the book value of the Iraqi Dinar as prearranged by the ICI, IMF and WTO.>> So nothing will be taken from you!>> BUT value will be ADDED to the Iraqi Dinar when the U.S. Treasury and the governments of the world> take possession of the IQD from the banks.>> So nothing is taken off of the top. BUT The value of the Dinar is MORE when used by authorized governments.>> Now as an example this is how this will work and how everyone including Iraq will benefit from this.>> I will use the rate of $1.00 (one dollar) as an example to explain this....remember that rate is only an example.>> Example:>> 1. Lets say the Iraqi Dinar revalues at a rate of $1.>> 2. Everyone goes to the bank and exchanges their dinar and opens accounts and the banks are flush with> thousands of brand new multi-millionaires.>> 3. The bank then turns over all of the exchanged Iraqi Dinar to the U.S. Treasury who gives the banks a higher commercial rate.> As an example I will say the U.S. Treasury gives the banks $1.50 for every IQD so the banks now have> just made .50 pure profit from every single dinar exchanged with the U.S. Treasury.>> 4. As soon as the U.S. Treasury has possession of the Iraqi Dinar it is instantly listed on the books at> the higher "government rate" of $3.86 so the U.S. Government and all the governments of the world will> make more than 100% pure profit instantly!>> Also all of the existing Iraqi Dinar that is held by the governments at the time of the revaluation will make the bottom lines of all the nations soar!>> So just as your financial bottom line will change from the RV so will the US Government's as well as other governments world wide!> So YOU make money...the BANKS make money....AND the US Government makes money!>> Now...as most know...it has been arranged by the IMF and the ICI that the Iraqi Dinar held by the nations> only be returned to to Iraqi in a very controlled manner.>> Now this had been set up before hand by the ICI and IMF but as many may know this just became an serious issue> when China threatened to do otherwise and that would have been a very destabilizing act upon Iraq's economy.>> So deals have been struck to prevent this from happening and the assurances from the nations who hold> Iraqi Dinar had to be solidified to insure that the return of the Iraqi Dinar to Iraq by the nations who hold IQD would> be done so in a very metered and controlled fashion.>> This info about the "China situation" as most know has been provided by the team at DV and if you want those> details contact a DV or DS member for the details.>> So how does Iraq benefit from all of this you ask?> Well besides the obvious positive points that the revaluation will bring to the Iraqi people and government there> are also hidden aspects to this "two tier rate" that help Iraq.>> First I would like to point out that Iraq is a nation...a nation who has as its primary products and exports oil and natural gas.>> Iraq is NOT in the currency exchange business.>> When the Iraqi Dinars that are held by the U.S. Treasury and other governments return to Iraq they will be used> to buy oil and natural gas.....so there is no exchange of currency.>> AND the benefit to the US and the other nations is that this high government to government rate will in essence enable> the US Government to buy Iraqi oil at a great pre set discount!>> That is because the Iraqi Dinar that will be used by our government to purchase oil and gas from Iraq will have been secured> from the banks for less than half the value!>> ALSO! What this has done for Iraq by doing this is in this manner is Iraq now has GUARANTEED customers for all of it Oil and Gas!>> So all of the governments who will soon be holding all of these Iraqi Dinars have a very real incentive to hold on to> all of the IQD they can get...for in doing so they are assured of the discounted purchase of oil and natural gas in the future.>> So EVERYONE benefits!>> YOU become rich!>> The Banks become flush with brand new millionaires!>> The US economy soars!>> The banks make BILLIONS from the exchange to the US Treasury.>> The US Treasury makes TRILLIONS of dollars instantly!>> The US Government is guaranteed decades of discounted oil and natural gas products by the use of the Iraqi dinar to purchase oil from Iraq.>> The nation of Iraq is guaranteed customers for their oil for decades!>> This is a classic win win situation.>> And that is how this works to the benefit of all...you...the banks...the US Government and the nation of Iraq.>> Got it?>> So we have collaborating intel and great news.>> All looks great and I expect this to happen at anytime.>> Date and rate classified.>> Hope for the best.>> Best of luck to all.>> Phoenix>>> Disclaimer:> Do your own Due Diligence and seek the advise of a licensed financial advisor of your choice.> Do not buy, sell, trade or hold any stocks, bonds, currencies, or commodities based upon this posting.> This is not intended to be financial advise in any form.>>> ~The Best of Luck To All!~ 1 Link to comment Share on other sites More sharing options...
eageleye Posted October 15, 2009 Report Share Posted October 15, 2009 Interesting read. One of the reasons why I became a member of this forum is to find how things will work out for non-US dinarholders. I live in Brazil and I have no idea how the goverment and the banks here think about a RV/RI of the Iraqi Dinar. It is also not clear to me if it will be possible to exchange dinars for Brazilian reais once a RV/RI is there. Once when I was in my bank (Citibank) and asked the man at the counter about this subject he looked at me as if water was burning.Anybody has ideas about this?Joop. Link to comment Share on other sites More sharing options...
Adam Montana Posted October 15, 2009 Author Report Share Posted October 15, 2009 Interesting read. One of the reasons why I became a member of this forum is to find how things will work out for non-US dinarholders. I live in Brazil and I have no idea how the goverment and the banks here think about a RV/RI of the Iraqi Dinar. It is also not clear to me if it will be possible to exchange dinars for Brazilian reais once a RV/RI is there. Once when I was in my bank (Citibank) and asked the man at the counter about this subject he looked at me as if water was burning.Anybody has ideas about this?Joop.Might want to post a new thread, I'm not sure what the answer is to your question. Link to comment Share on other sites More sharing options...
Earnest T Bass Posted October 15, 2009 Report Share Posted October 15, 2009 My question is which of the values is the REAL value? Either the low one is and the higher govt rate is highly inflated falsely or the govt rate is the true rate and indeed it really is a lop off the top of our dinar so we get the lower rate. Cannot have a double value currency that I have ever read. This makes no sense to me unless it is a plan of the govt(s) to sneak it off the top for their agendas and thus truly a back door tax on us. At any rate I will look for a way around it if possible (legally that is as my dinar go to the highest bidder). Link to comment Share on other sites More sharing options...
raynard01 Posted October 15, 2009 Report Share Posted October 15, 2009 I highly doubt that you will get any other rate on your Dinar than the going rates at the banks. Also remember there is a time limit on when you can cash it in and still be profitable. Just remember everyone benefits from the above equation and I like it! Link to comment Share on other sites More sharing options...
Mystlander Posted October 16, 2009 Report Share Posted October 16, 2009 I highly doubt that you will get any other rate on your Dinar than the going rates at the banks. Also remember there is a time limit on when you can cash it in and still be profitable. Just remember everyone benefits from the above equation and I like it!What is the time limit for cashing in: For instance, if an investor were to purchase dinars today (10/16/09), wouldn't the investor need to have the dinars "in hand" in order to cash them in? If so, just how long does it take to receive dinars, once they are purchased? Link to comment Share on other sites More sharing options...
Leroy2u Posted October 16, 2009 Report Share Posted October 16, 2009 Yes you would need to have the Dinar in hand. Some companies ship out the next day COD, if you have your order in by 3pm EST. Link to comment Share on other sites More sharing options...
hilerm Posted October 17, 2009 Report Share Posted October 17, 2009 The dual rate theory does not make sense in a market based economy. The U.S. government is not buying enough oil for this to make sense. The vast majority of oil bought around the world is purchased by nongovernmental companies (China excluded). The government does not buy oil for Exxon or Shell. This would benefit China, because they are a socialist society, but it would not benefit limited governments in democracies. Our government does not use that much oil for governmental purposes. The private sector drives our economy. A single rate makes much more sense.Also, how can there be a limited time to exchange a currency? I can exchange any currency at any time as long as the currency has value. If the IQD rv's then it will be a stable currency and will fluctuate in value just as other major currencies. The 45 day thing makes no sense if you have even a little knowledge of how international finance and economics work. Is someone going to tell banks that Iraq's currency is only going to be good for 45 days. If so, then Iraq is screwed worse 45 days after rv, than they are now. Link to comment Share on other sites More sharing options...
pbraly Posted October 17, 2009 Report Share Posted October 17, 2009 Why do you think we invaded Iraq in the first place OIL BLACK GOLD.....The 45 days has more to do with Iraq having a new currency with Kurdish and Arab Language on it. The currency will not come off the exchange it will just be a newly printed version that is accepted. Link to comment Share on other sites More sharing options...
chicpad Posted October 17, 2009 Report Share Posted October 17, 2009 I take on board all those points, my only question I would have thought when the Dinar rvs it will openly float on the foreign exchange and then it finds its own rate, is that not so. Link to comment Share on other sites More sharing options...
Mystlander Posted October 20, 2009 Report Share Posted October 20, 2009 Okay, I did a little research and learned that the 45 days is the time limit for the EXCHANGE of OLD Iraqi Dinars for NEW Iraqi Dinars. Sorry for all the confusion... Link to comment Share on other sites More sharing options...
Recommended Posts