Popular Post Dinar Holder Posted December 28, 2010 Popular Post Report Share Posted December 28, 2010 I Just recieved this from a fellow investor and wanted to share with everyone. If you are invested in the Iraqi Dinar (IQD) then you are a Currency Speculator. What is a Currency Speculator? A currency Speculator is one who is gambling on a rate of a certain currency. Nearly all global currency values rise and lower in a continual ebb and flow dictated by the global economy. Generally speaking the values only rise and lower in the single digit percentages unless in rear cases a catastrophic event occurs such as war. A currency speculator looks at different economies and gambles on potential outcome that will cause an upward trend in a given currency. Once they make their decision based on their studies, they simple exchange their currency for the currency they are speculating, then watch the global foreign currency exchange market (like Forex) to know when to sell. This practice is very much the same as trading stocks and does carry risks. As with stock, one can minimize their rise by simple doing their homework. For instance, there are some currencies that are against the law to speculate, if you are not aware of this and exchange into that currency, you will not be able to get rid of that currency. There are also counterfeiters in all currencies and if you do not know what to look for in a given currency, you may be buying fancy colored paper instead of an actual currency with a value. Another key point that you may or may not be aware of is that some currencies have national or international restrictions placed on them, not allowing the currency to be speculated. However a key point I want to make here about our investment. When the PLAN was being formed back in 2003 or before, the IQD was singled out and given a special consideration. A mandate was granted from the IMF (International Monetary Fund) and the US to allow the IQD to be speculated, thus giving us in the know an opportunity of a life time. The PLAN we speak about was developed many years ago based on the world economy. You see, one would have to do a lot of studding of the global history to see but there is and has been pattern and a need to make global economic adjustments every decade or so based on where the economy is at a given time. When these occur, most of the global population is unaware of the adjustments and if you were paying attention, all you would notice is your governments local economy seems to start doing better. The last time this occurred was after Kuwait was liberated. There was a much smaller window but the fact remains that there were folks the speculated the Kuwait dinar and made millions. In this instance, the need for the global financial adjustment was slight. As you know by listening and reading in the news, this financial crisis is wide spread and touches every world economy in a major way. The architects of the plan realized the depth and breadth of this serious economic crisis. So the design in this case is huge because it has to be, to jump start economies around the globe. Iraq became the natural target for the needed economic adjustment for many reasons. First and foremost was to oust Saddaam and try him for crimes agent Humanity. The second was when he took control of Iraq; he pulled all of Iraq’s currency and printed his own currency with his face on all of the notes. At this time the standard IQD was pulled off the international market and shelved. The IMF gave it a program rate of 1180 IQD to $1.00 USD (even as far back as this was, the insanely low rate could have been part of the PLAN). This was a major decline in the value which was $3.22 IQD to $1.00 USD. What took place from that period until now, is as they say, the rest is history. So now we are at the present and there is a ton of people invested in the IQD (actually less than 8% of the total global population) wanting to know when and if Iraq is going to RI/RV their currency. History and why we know Iraq will RI/RV? First I want to point out the statement RI/RV. RI represents a Reinstatement of the IQD, which means Iraq would reinstate the Dinar back to per-Saddam value of $3.22 IQD to $1.00 USD. An RV represents a Revalue of the Dinar meaning that they will give their currency a higher value than it once had before the IMF gave them a program rate in the beginning of the Saddaam take over. There are as many opinions on the topic of RI or RV as there are forums. Along with that only 8% of the global population is invested in IQD. By design, the entire global population cannot know about this and take part because Iraq could not cover that many people being involved. Nor do they have enough IQD for everyone to own some. Just as any country, Iraq knows exactly how much currency they have printed. So to curve speculators Iraq and other governments around the globe have put out false information and propaganda to steer the attention away from what is happening. However, for this to work for the global economy, Iraq and the IMF needed a certain amount of speculators, you and me to accomplish two things. First Iraq needed us to hold the rate of the IQD stable once they got rid of the Saddaam currency and put their original IQD back out there. We made it stable buy purchasing it through currency exchanges. The daily auction Iraq has been having is to establish a rate and then show the IMF they can hold it stable. The IMF needs a certain amount of speculators; you and me, to boost the economies around the globe, by spending our new found wealth once all is done and Iraq adjust their currency. Just image the impact it is going to have on the us economy when over 1million new millionaires start spending their new found wealth on housing, cars, and goods. That is not to mention the relief the US government will realize from the estimated 7 trillion IQD they hold in the US Foreign Currency Reserves, as well as all of the taxes they will be collection from you and me and this is going to happen in every country on the globe. You start to understand the magnitude and the full breath of the PLAN… Okay, what is in it for Iraq: Well first and foremost, we removed a dictator that ran the country without regard to humanity amongst the Iraqi people. He kept them in poverty while he ran one of the most corrupt regimes on the planet. Murder, corruption, fear, and hunger were a way of life for many years. Lead by the US, the UN and many counters from around the globe liberated Iraq from this dictator and brought him to Iraqi justice, you know the rest. The collaboration of forces set the stage for Iraq to become the great nation it once was. IT is Iraq’s desire and continual effort to become an upstanding member of the International community once again. They have made great strides as they have worked to get rid of the many atrocities and problems the former regime left in its’ wake. Iraq has worked methodically to eliminate the many road blocks that stand between them and regaining their once proud heritage as a member of the International community and in good standing. 1. There were many resolutions that needed attention 2. There were and still are some sanctions placed on them 3. They were in Chapter 7 protection 4. They had to rework their Constitution 5. There was considerable debt owed to the world governments 6. They had to grasp a full understanding of their financial books, after many years of corrupt book-keeping and the loss of billions of IQD. The Culmination There were agreements made with Iraq and the world, namely the UN and the IMF. The UN and IMF explained to the Iraqi leaders of the plan and their role. Iraq says how can w do this, we have nothing but the oil we have in the ground and no other commodity to allow us sell and get funds to rebuild our land to a point where we can start to produce oil to pay back all of the debt the previous regime has left us with. The UN forces back by the US troops said we have a plan and here it is… 1. See there is a thing called the Paris Club, which is a group of 19 major governments from around the globe. All of which you, Iraq, owe a great deal of money too. In the billions in fact. Well we have put together an agreement that says we, the 19 world economies will forgive your debit as long as you allow each of us to hold your IQD in our Currency Reserves and allow us to eventually return the IQD we are holding for a revalued dinar rate. Furthermore we will not release our entire dinar holdings on you all at once. It will be a controlled return over a period of 24 month. (For this piece, which Iraqi agreed to, they have to RI/RV by Dec. 31st 2010 or the forgiven Debt will be due at once). 2. The IMF will grant you short term loans so you have funds to work with. 3. We will lift Chapter 7 only after you accomplish several things a. Get your government seated and working b. 2011 Budget worked out so we see you have included the RI/RV c. Border disputes with Kuwait d. Show that you have made great strides in getting the HCL completed. 4. Iraq if you do all of these things, we the UN/IMF will allow you to, at a minimum reinstate you currency at the $3.22 rate it once was at prior to the former regime destroying its value in the international market. We will also allow you to add 20% for cost of living increases that have taken place over the years that your IQD has been out of circulation. 5. As an added incentive, based on the quality and quantity of crude you have in the ground, we will allow you to revalue you currency instead of reinstating it to a value within reason. We are allowing this because based on our investigation of your oil fields… You Iraq will be one of the richest if not the richest countries on the globe. It is your choice as to where you want to revalue your IQD but our projections estimate you could withstand a rate as high as $16.00 IQD to as low as $1.00 USD. We would highly recommend to you that a rate that high will cause many problems and have inherent risk. With all of the news and knowledge regarding your economic potential it would be way to risky to come out with a rate lower then you previous value for $3.22 IQD to $1.00 USD because anyone with enough backing could come in and buy up all of your currency, there by controlling Iraq. It is our opinion that the rate needs to be such to curve further speculation but also be something manageable in the short and long term. 6. We feel a managed float over at least a 24 month period of time, with a controllable rate for now will accomplish what is in the best interest of all. It will allow sustained growth for the Iraqi economy, it will allow Iraq to become a member of the international community once again, and it will allow the IMF to boost the world economy. Also, it will keep someone from coming in and buying up your country… Summarization: Iraq has been given a choice, 1. The IMF is saying to Iraq, we are granting you the ability to reinstate your currency at the pre-Saddaam rate of $3.22 with a 20% increase for cost adjustment for the years it was out of circulation. Or because of the potential we see with your economy, we will also allow you to revalue your currency to a rate within reason. If you do this by December 31st 2010, we will agree to allow the Paris Club to forgive your debt and we will lift you from Chapter 7 sanctions. Thus allowing you to rejoin the international community with your currency and trade. Sanctions that will be lifted: a. Allows you to have an international recognized currency i. Which allows you to trade on the Forex ii. Allows Iraqi stock to be traded on the international market iii. Allows all of the signed contracts for the oil fields, utilities reconstruction, road construction, building construction to begin b. Allows you to receive global shipments from all of the ships that have been sitting in your ports. c. Allows you to finally pay your government employees d. Allow you to load the smart cards that will pay the Iraqi citizens living expenses for the short term, also pay the retired citizens. All of which have not been reviving anything for some time. At this point, Iraq has agreed to everything and we are now in the last phases of this plan. We are waiting for Iraq to finally pull the trigger and release the RI/RV between now and Dec. 31st. I believe the World community and the UN/IMF are not really leaving Iraq a choice and they are tired of Iraq dragging their feet... But, if for some reason they don’t pull the trigger by Dec. 31st, this coming Friday... According to the PLAN this was to happen in 2009... Not sure of all that would come down on them but it certainly would be the end of the current GOI… The latest Intel we have received is that the message that came out yesterday that the GOI will be breaking for two weeks starting tomorrow is false. PD claims that they have proof that the GOI is meeting right now and will be all this week. They are still expecting the RV to happen before Friday and the very bottom rate, the lowest it could be is $3.22. SO we wait and watch… 82 2 Link to comment Share on other sites More sharing options...
Suckawhat Posted December 28, 2010 Report Share Posted December 28, 2010 This is by far the best post I have ever read on this site!!!! Thank you for all the info and setting everything straight. 11 Link to comment Share on other sites More sharing options...
RV-B-LEEVER Posted December 28, 2010 Report Share Posted December 28, 2010 THANKS FOR THE POSITIVE POST. I THINK IRAQ HAS ALOT TO LOSE IF THEY DON'T RV BY THIS FRIDAY!! 5 Link to comment Share on other sites More sharing options...
Dinar Holder Posted December 28, 2010 Author Report Share Posted December 28, 2010 This is by far the best post I have ever read on this site!!!! Thank you for all the info and setting everything straight. I take no credit for it. IT came in at a good time for me. Go RV.............................. 6 Link to comment Share on other sites More sharing options...
Tampa Posted December 28, 2010 Report Share Posted December 28, 2010 Very good post. I fill the same. Has to happen or no goi 4 Link to comment Share on other sites More sharing options...
GaPeach Posted December 28, 2010 Report Share Posted December 28, 2010 WOW! All I can say is wow! You've taken a very complicated situation and succinctly and clearly defined it so we can all understand it. Great post! 6 Link to comment Share on other sites More sharing options...
Rachaelrae Posted December 28, 2010 Report Share Posted December 28, 2010 I am a newbie here. And I still have faith. This to me was a great post. Thank you for taking the time to explain things. 4 Link to comment Share on other sites More sharing options...
bikertrash Posted December 28, 2010 Report Share Posted December 28, 2010 I agree you broke it down so even I could understand it...............DUH Great post 3 Link to comment Share on other sites More sharing options...
Action316 Posted December 28, 2010 Report Share Posted December 28, 2010 I Like this site B-cauze of Postz like this! When i was first spoke 2 about this invest opp it was from a very RICH man and this was just how it was xplained... This was n 2003 i did not buy right away till he spoke with my best friend and he told me we need 2 jump on this and we did. We did not xpect a turn on invest for 10yrs and it lookz like we will B gettin that return sooner than we xpected. GREAT POST!!!!!!! GO RV>>>>>>> 3 Link to comment Share on other sites More sharing options...
steveo Posted December 28, 2010 Report Share Posted December 28, 2010 by far the best article ive read on this site,i realy hope we are near the end....thanks for the post 4 1 Link to comment Share on other sites More sharing options...
blessed2bless Posted December 28, 2010 Report Share Posted December 28, 2010 Great post, IF it is true about the December 31st. deadline, but who is to say iraq CAN NOT ask for an extension, none of us can say, they can not ask and receive and extension on the so called deadline. And from what i just heard , this debt is not going away but simply being put off until iraq is strong and stable enough to pay it at a later date, but again dont know if even that info is true , either. So all i can say is a great post and all we can do is HOPE you are correct, but if we have history to go by all info regarding dates has been WRONG. 1 1 Link to comment Share on other sites More sharing options...
tampa1000 Posted December 28, 2010 Report Share Posted December 28, 2010 This was a good post but I'm not sure why he wrote ($3.22 IQD to $1.00 USD ) It was 3.22 USD to 1 Dinar so he is stating it backwards if I understand this correct.. Thanks for sharing... 2 Link to comment Share on other sites More sharing options...
TC987 Posted December 28, 2010 Report Share Posted December 28, 2010 Excellent Post! 1 Link to comment Share on other sites More sharing options...
blessed2bless Posted December 28, 2010 Report Share Posted December 28, 2010 And if you where IRAQ and you where going to revalue your currency would you announce to the world that you are doing it by DECEMBER 31ST. OF COURSE NOT. They obviously will get an extension on this so called deadline. The only people who have a benefit of putting out this 31st deadline is the currecy sellers, NOT IRAQ. They have the benefit of the element of SURPRISE. just watch i could be wrong but i dont think so. 2 2 Link to comment Share on other sites More sharing options...
saphire Posted December 28, 2010 Report Share Posted December 28, 2010 Excellent synopsis. Thanks Link to comment Share on other sites More sharing options...
ThePhantomRider Posted December 28, 2010 Report Share Posted December 28, 2010 That was a good read. TPR 1 Link to comment Share on other sites More sharing options...
KeithZ Posted December 28, 2010 Report Share Posted December 28, 2010 I agree with pretty much everything except the Ports awaiting shipments. This is a link that will show the UMM QSAR port has recieved countless shipments this year. Otherwise I LOVE THIS POST >>>>>>>>GO RV>>>>>>>> http://www.tbiraq.com/en/business-in-iraq/umm_qasr_port_authority/ Link to comment Share on other sites More sharing options...
NMGarand Posted December 28, 2010 Report Share Posted December 28, 2010 I love it when a plan comes together! Excellent post! NMGarand 2 Link to comment Share on other sites More sharing options...
RockyUSA Posted December 28, 2010 Report Share Posted December 28, 2010 I enjoyed reading this post. Very positive. Thank you so much. 1 Link to comment Share on other sites More sharing options...
Zemaduvant Posted December 28, 2010 Report Share Posted December 28, 2010 Great post, answered alot of questions i had! 2 Link to comment Share on other sites More sharing options...
ccr Posted December 28, 2010 Report Share Posted December 28, 2010 One of the best posts we have ever read and we would like to thank you very much for this. Goooooo Rvvvvvvv Let's Pray.............. Amen Cliff and Lynn 1 Link to comment Share on other sites More sharing options...
Dinar Inc Posted December 28, 2010 Report Share Posted December 28, 2010 Wow.. Wow..Wow..This post gave me back the hope i lost 2 days ago...RV BABY 2 Link to comment Share on other sites More sharing options...
Mntnman Posted December 28, 2010 Report Share Posted December 28, 2010 I was just saying the same thing to my wife at dinner tonight.... Great article! Go Iraq...Go Dinar...Go RV...! 2 Link to comment Share on other sites More sharing options...
Yabadabado Posted December 28, 2010 Report Share Posted December 28, 2010 Thank you Dinar Holder... I am glad that you are from Texas... Your overview and conclusion has put a great number of pieces of the puzzle together... come on RV this week... 2010... and let's all ride this wave into the future and assist in this global economy... There is so much speculation, rumor and different interpretations that it can all make your head spin... an anti-depressant is needed at times just to see the trees beyond the fog... There are those that resist all of our positive thinking and I guess they tend to keep us all grounded... and to no go over board in spending more than we have... after all we have our lives to attend to and once the RV...RI takes place then dreams can come true... just keep grounded then and have a lifetime of great memories going forward... It has been a super Christmas... let's all thank Dinar Holder one more time and let's all go forth into 2011 with an appreciation for all that we have.... "show me the money; RV"... I do see a rainbow over the horizon... look, there is Aladdin's Lamp... rub-rub and rub... Thanks again Dinar Holder... 2 Link to comment Share on other sites More sharing options...
unclegeek Posted December 28, 2010 Report Share Posted December 28, 2010 this post is the example of how it should be done. It filled holes in my knowledge. **THANK YOU** 2 Link to comment Share on other sites More sharing options...
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