Popular Post ds2 Posted September 15, 2010 Popular Post Report Share Posted September 15, 2010 even though The following was sent to me by my father in an email before the elections, In my opinion, it contains some of the most informative, interesting and encouraging insight I’ve read on the dinar rv I’ve read in a while. not sure if anyone else has seen this or if it has been posted here. at any rate it is worth the time to read. For the benefit of new investors, as well as not so new investors, Enjoy!! Just some concepts to keep in mind as we watch the events unfold and the weird way things seem to be going. First, money: There are basically two types of money; money based on the strength of an economy like the US, and money based on valuable commodities like oil, gold, etc., like Kuwait, Saudi, and at present Iraq, potentially. The value of the USD is based on our ability to produce goods and services. The value of the KWD (Kuwait), for example, is 95% based on the value of the oil in the ground being pumped and sold. Iraq, right now, has now valued its money on the value of its commodities of which they have an abundance (oil, gold, other minerals, agriculture and a host of other valuable things the world wants). BUT, Iraq WANTS to have an economy on which to base its money because having a viable economy is MORE stable than simply pumping oil. When the oil runs out, their money becomes worthless again. Second, International Politics: The US and Iraq are tied together, the US$ is Iraq’s international money. They want their OWN international money. China wants to dethrone the US$ as the global currency so they are pushing buttons with the IMF to revalue the IQD at a LOW rate which will weaken the US$. But they can’t let the US$ get too low, or their exports will become expensive and they will lose market share in the US. They are conspiring with Russia and Iran to screw the US$ internationally. Third, US politics: As the US deficit and debt grow our money becomes less valuable internationally. A good Iraq RV will boost the US$ big time and blunt the Chinese efforts to screw us. This just happened with Dubai. The Dubai problem is centered in the .. which effects the EURO. US banks are not heavily into Dubai, thus with the Dubai possible default international money is flocking to the US and increasing the value of the US$ against the EURO. The US took a 6.5% bump up since the Dubai real estate problem became public. This means that the IMF efforts to pin the Dinar to the EURO (the $1.49 RV) is weakened by the stronger US$ which makes the Iraqi desire for a HIGH RV in US$ more probable and more feasible. International Trade: Iraq WANTS to establish an economy based on more than their oil, gold, and natural gas so they have to get into the international market systems. To do this they MUST have a currency with real value. The sooner they do the RV, the faster they will be able to build their economy. They have taken the steps necessary to begin this process, but still need the revalued currency. So right now, we know a few things. First, in order to get a better economic position the CBI had to revalue before the IMF imposed deadline which all information says they did. So there IS a value but we don’t know what it is. But the CBI has no POWER to implement the RV publicly. Only the government of Iraq can do that and they are looking for the most politically advantageous time to insure their re-election in January or February. Apparently, the CBI HAS made the decision to avoid the embarrassment of having the IMF tell them what THEIR money should be worth. They just haven’t made it known yet. That’s up to the politicians. We believe they are ready to do it but just have not decided precisely when. With their desire to get into international trade, they have to get moving on this. Second, Iraq didn’t want the low IMF value of $1.49. They would prefer a high $3.27 for two reasons; it is supportable by their natural resources, AND it would attract to the country to help build their economy. Third, they can’t go too high as that would only be based on natural resources and would be better off to go a little lower in order to give them room to grow. Thus, we have the $2.47 possible rate. The problem with the high rate is that it would make the nation a welfare state like Kuwait and Saudi Arabia. In both those countries with high value money, they don’t do anything but pump oil. 95% of the value of their currency is the money they get from exporting oil. If the exports decrease, their revenues decrease and they have nothing to back it up. The people don’t do anything except receive royalty checks from the government. It’s like a nation of welfare recipients run by rich sheiks. Iraq wants to avoid that situation, but still have a high enough value to attract . Fourth; the $2.47 rate is based on the SDR which is a “basket” of currencies from different nations with stable economies so that the money value will remain consistent. The SDR consists of proportions from the US$, British pound, Japanese Yen and the EURO. This position makes the most sense as the economies are stable, functional and diversified. We also know that all of this has to happen pretty soon if Iraq is going to get the benefits from ALL the contracts they are signing to develop their oil fields and get their manufacturing and agricultural economy going. Thus the people get jobs, and don’t end up like Kuwait or Saudi where a bunch of sheiks instead of an elected government runs the country. With all of the oil (3rd largest in the world) in the ground being exploited, nearly the same amount of oil (approx 150 billion additional barrels) not yet drilled (found but not drilled), their gold deposits, other minerals, natural gas deposits, and agriculture (the Tigris and Euphrates Rivers make the land VERY fertile), Iraq has the potential for a diversified and significant economy. So this country is really on the brink of economic explosion, so WHEN they decide to implement the RV, their economy will begin to rebuild. This will be a significant political benefit to the current politicians. Again, the sooner the better for everyone. They are just waiting to get their internal politics lined up and let it happen. But politically, if Iraq becomes a strong, semi-democratic, economically stable nation, it will divide the jihadist Iran and isolate it from Saudi, etc. and over 2/3 rds of the Middle East oil (which is 60% of the total oil in the world) would be in moderate Islamic control which will blunt the jihadist movement. As far as we are concerned, all of this good stuff is still POTENTIAL not ACTUAL, so the RV is really for Iraq as much as a speculation as it is for us. They have to get their “ducks in a row”. They have to be generating contracts to develop their resources to get the money to grow their economy. They have to have their politics lined up so the internal factions (Kurds, Sunnis, Shi’ites) who don’t like each other much get the right share of the benefits. They have to avoid the Chinese blackmail attempt to bankrupt them by dumping their 3 trillion dinar on the market to derail their efforts to aid Iran and Russia in THEIR attempts to corner the oil and natural gas to Europe. Right now with the Dubai real estate failures, the European Central Bank is in trouble and the US$ is getting stronger pushing Iraq away from any RV that has the EURO in it. As Iraq moves away from the EURO and toward the US$, that makes China’s bid to deny the US$ as the default global currency less successful. IF, for example, Iraq RV’s at $3, then the US will have $15 trillion dollars in dinar. We owe China $800 billion which works to weaken the US$. We could give China 100 billion dinars out of our 5 trillion (plus the 1.5 trillion private US citizens own) and pay them off helping the US$ get stronger by wiping out our debt to China and thus counter their political moves against us. The rest of the dinars we own, we could use to buy oil from Iraq with DINARS, not US$ which would again help our economy recover thus pulling out of Saudi. This way we could buy oil, pay off our debt without having to print more US$ and that would help our deficit and debt BIG TIME!! A big RV is a real boon to both the US and Iraq, IF Iraq can get their act together. (Remember Bush said Iraq war would PAY for itself and this is the way.) So … when we watch the nets and it seems like people are wrong, or seem to be putting out false info, remember this situation is as fluid as water and Iraq is trying to contain a spill. There’s a LOT MORE involved in this RV than simply posting a number on And this doesn’t take into account the biblical aspects of a resurgent Iraq! This gives me hope, I hope it does for you as well 32 Link to comment Share on other sites More sharing options...
Eddinar Posted September 15, 2010 Report Share Posted September 15, 2010 Great Post DS2..thanks! Link to comment Share on other sites More sharing options...
laurafromflorida Posted September 15, 2010 Report Share Posted September 15, 2010 That is a great post ds2. Very easy to read and understand. Thanks for posting! Take care, Laura Link to comment Share on other sites More sharing options...
Bobbydee Posted September 15, 2010 Report Share Posted September 15, 2010 Excellent post DS2. Now all we need is for them to getr done. Thanks for the post. God Bless Semper Fi 1 Link to comment Share on other sites More sharing options...
Williamjr Posted September 15, 2010 Report Share Posted September 15, 2010 Thanks for the post...GREAT INFO!! Go RV 2010!! Link to comment Share on other sites More sharing options...
pegsue Posted September 15, 2010 Report Share Posted September 15, 2010 Great post ds2! Thanks for the insight! Link to comment Share on other sites More sharing options...
Grandpa Dave Posted September 15, 2010 Report Share Posted September 15, 2010 Thanks For The Post. Go RV Go RV Go RV 1 Link to comment Share on other sites More sharing options...
greebs Posted September 15, 2010 Report Share Posted September 15, 2010 This is wishful thinking. These comparisons with Kuwait are meaningless, Kuwait has billions of Dinars in circulation. Iraq has Trillions of Dinars in circulation. That is why Iraq want to RD their currency, to make it more manageable and bring it down into the billions. 1 14 Link to comment Share on other sites More sharing options...
tcrunner333 Posted September 15, 2010 Report Share Posted September 15, 2010 Thanks for the post ds2. Hopefully thier officials will get off there hands soon and do something. GO RV Link to comment Share on other sites More sharing options...
Dinars R us Posted September 15, 2010 Report Share Posted September 15, 2010 Very good !!! Link to comment Share on other sites More sharing options...
scotty1967 Posted September 15, 2010 Report Share Posted September 15, 2010 3-10cents it a more realistic rate 1 5 Link to comment Share on other sites More sharing options...
Who_Dat_Gurl Posted September 15, 2010 Report Share Posted September 15, 2010 Very insightful info. Thanks for sharing. 1 1 Link to comment Share on other sites More sharing options...
DesertPete Posted September 15, 2010 Report Share Posted September 15, 2010 This is wishful thinking. These comparisons with Kuwait are meaningless, Kuwait has billions of Dinars in circulation. Iraq has Trillions of Dinars in circulation. That is why Iraq want to RD their currency, to make it more manageable and bring it down into the billions. WRONG! If there is an RD without an RV the money WILL be worthless. It will take a Dump Truck full of Dinar to buy a loaf of bread, and with a low RV, China will OWN them. 2 1 Link to comment Share on other sites More sharing options...
Pat H Posted September 15, 2010 Report Share Posted September 15, 2010 That is a great post! The one thing it does not cover is the internal politics of the United States. The Socialist Movement, presently very much in power here, does not want the US debt paid off right now. They are using the method outlined by Cloward and Pivens to collapse our economy so they bring up the new socialist system they have been planning for decades. After they have "fundamenally transformed America" the cash would help them stabilize their new system. The question is, just how much influence, if any, does the present administration have on the RV? Hopefully not much, but who knows? An RV now could collapse the socialist movement rather than the other way around. 3 1 Link to comment Share on other sites More sharing options...
frankc Posted September 15, 2010 Report Share Posted September 15, 2010 You say US Govt has 5.5T dinar and US citizens have 1.5T dinar. That citizen amount is a large percentage. Hasn't Scooter always told us the citizens only have a grain of sand amount compared to the total. Please elaborate. Thx. Link to comment Share on other sites More sharing options...
dinarette Posted September 15, 2010 Report Share Posted September 15, 2010 This was an excellent article. Everyone who has a dinar should read it. I agree with PatH's comment - you have to wonder how much of the holdup is on the part of our own government, and their motivations. Thanks! 1 1 Link to comment Share on other sites More sharing options...
lgraham Posted September 15, 2010 Report Share Posted September 15, 2010 Thanks for the post ds2. Lgraham Link to comment Share on other sites More sharing options...
skiguy Posted September 15, 2010 Report Share Posted September 15, 2010 This is probably one of the best posts I have seen on this site. It is very well managed and filled with logical inferences. Could have used a little more tangible research to verify the points but sounds great to me. If I could give you a plus 10 I would. Link to comment Share on other sites More sharing options...
neuman Posted September 15, 2010 Report Share Posted September 15, 2010 Hopefully this all happens as explained. It makes sense, wonderfully worded! My question is, if it doesn't happen this way (its not a perfect world) the ramifications from this could be huge if the right decisions are not made. I feel not only from an investment standpoint but as a concerned, proud citizen of this country, this NEEDS to happen as soon as possible! The other major players are only gonna sit on their hands for so long before someone says its go time.... Link to comment Share on other sites More sharing options...
Ninjaturbo02 Posted September 15, 2010 Report Share Posted September 15, 2010 Good read. Good insight... Link to comment Share on other sites More sharing options...
ReturnToGod Posted September 15, 2010 Report Share Posted September 15, 2010 The question is, just how much influence, if any, does the present administration have on the RV? Hopefully not much, but who knows? An RV now could collapse the socialist movement rather than the other way around. I agree 100% that BO is employing tactics to deliberately cripple the US free market economy to smooth the way to socialism. I also have no doubt that BO & co. are trying every trick in the book to capitalize on the RV to prove that his plan for "hope and change" is working. While it may be true in principal that a large influx of cash into the private sector (such as would come from the IQD RV) might stem the tide of socialism, BO has enough control of the mainstream media to spin the outcome to his favor on many levels ("influencing" public perception and taxation polcy manipulation to name just two), and what's worse, just before the mid-term elections. All of this talk of a 70% confiscation rate lends further proof to what I am saying. November 2nd can't come fast enough on my calendar! 3 3 Link to comment Share on other sites More sharing options...
Jac Posted September 15, 2010 Report Share Posted September 15, 2010 Every once in awhile great insight is offered through the most unlikely source. Thank you, Ds2 and I thank your Dad too! God Bless America! Link to comment Share on other sites More sharing options...
dumbnar Posted September 15, 2010 Report Share Posted September 15, 2010 Thanks for the post. God Bless dumbnar 1 Link to comment Share on other sites More sharing options...
RicknSaudi Posted September 15, 2010 Report Share Posted September 15, 2010 Great post, ds2. So you say this was sent to you over 6 months ago? I guess you didn't feel the "urgency" to share any sooner? Well, that's ok. It was right on time now!!! Thanks and GO RVVVVVVVVVVVVVVVVVVVV! Link to comment Share on other sites More sharing options...
MovieMaker Posted September 15, 2010 Report Share Posted September 15, 2010 AWSOME! Thanks, never cared much about this stuff so I never even thought to learn about it, but of course the FAMOUS DINAR RV has directed me to learn so much, about the Government, economy, etc... I'm loving this ride not just for the investment but for the education. I feel a little smarter due to all the posts, advise, & yes even the rumors! There's always someone here to correct a good rumor. This is ONE of the BIG UPSIDES TO OUR INVESTMENT, EDUCATION WE OTHERWISE WOULD NOT HAVE SEEKED. THANKS FOR THE POST! 2 Link to comment Share on other sites More sharing options...
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