Billions Over Baghdad NY TIMES...

[texus]

Great article !! Thanks for taking the time.!!

[Doc31]

One US bill, no matter which denomination, weighs 1 gram. There are 454 grams to one pound. So, 360 tons * 2,000 equals 720,000 pounds * 454 grams equals $326,880,000 IF all bills were $1. Multiply by the denomination for higher bills - i.e. $5 bills equate to ~$1.6 billion, and $20 bills equate to ~$6.5 billion ($6,537,600,000 to be exact.)

There you go ... I fixed your post ... 1 gram per ... but can you calculate palletized quantity for me now? ... without knowledge of denoms and without palletized height? using only the limits of an oak pallet ... lol ... sorry, I couldn't help myself ... my brain instantly did the math as well ... I suppose it would have been better to say ... "a bunchhhhhhhhhhhhh"

Peace

Doc31

[cw2]

There you go ... I fixed your post ... 1 gram per ... but can you calculate palletized quantity for me now? ... without knowledge of denoms and without palletized height? using only the limits of an oak pallet ... lol ... sorry, I couldn't help myself ... my brain instantly did the math as well ... I suppose it would have been better to say ... "a bunchhhhhhhhhhhhh"

Peace

Doc31

Doc31

So great to see u, as u have been sorely missed!!!!!!!!!!!

[mrref]

This has been posted numerous times and is really old news, but thanks for posting again for the newbies...

[berean333]

Date: Fri, 10 Jun 2011 16:10:08 -0400

Subject: Dinar - For all who are wondering whether the Dinar is really going to RV

The article below, "Billions over Baghdad," written by John B. Taylor, under secretary of the Treasury from 2001 to 2005, and the author of Global Financial Warriors, is a concise explanation of the beginnings of the plan to devalue, print a new dinar currency, then revalue (RV) the Iraqi dinar. It was first conceived by Cheney & Greenspan, et al, and then put into action before the first shot was ever fired in the Iraqi War. It also gives credibility to GW Bush when he expressed many times as to how this war would pay for itself, namely OIL. Iraqi oil at less than $33/barrel coming to the USA.

The 3-5 trillion Iraqi dinar currently held by the US treasury will be returned to Iraq beginning 6 months from now in exchange for oil at the lower price. This, in part, is how Iraq will finance this revaluation. One barrel of oil will cost the US roughly 6 dinar currently held by the US Treasury. That barrel of oil actually costs Iraq from $1.00 to 4.00 to produce. This equates to approximately $.20 to $.50 per dinar (not the $4+ connected to the upcoming RV). Spread the costs of this exchange of dinar for oil out over several years or decades amidst the back and forth commerce of unprecedented proportions between the two countries, and it is clear that the actual costs of dinar for oil will hardly be felt at all.

Iraq will gain so much from international trade and commerce following the rebuilding phase currently underway, that, from this alone, the sum total of the RV could be financed. This is not really hard to imagine when you understand that the FOREX market itself moves (circulates) over 4 trillion dollars worth of currency in a single day. International commerce trades much more than that in a day. The key here is back and forth. The same money will be recycled many times in many ways, and from this, bills get paid.

In 2003 the new Iraqi currency series was sent by ship, and also flown by twenty seven 747's, into Iraq right during the war. That new series is the very SAME dinar that we all presently hold awaiting its revaluation.

Bottom line is this: The events in Iraq are part of a long standing plan. Now, over 2 million Americans hold an average of 1 million dinar each. Every government in the world owns large amounts of dinar with the expectation of leveraging their countries into a lower state of debt. (Have you wondered why the papers have reported numerous forgiveness of debt deals being made at national levels lately?)

Most of us, as average American citizens, are only involved in this investment because the election for a new Prime Minister of Iraq last March (2010) was inconclusive, resulting in a 9 month delay (to Dec 15th) to confirm Maliki as the PM. Tens of thousands got wind of this investment during that 9 months. This was followed by another five months to complete the technical infrastructure on the banking and FOREX sides, iron out the last minute back room deals, settle all Chapter 7 requirements, negotiate the payment of debts, and officially form the Iraqi government/cabinet with the final Security Minister being positioned and announced concurrently with the RV.

On Feb 25th, 2011 the Iraqi Minister of Trade formally requested being granted permanent membership into the World Trade Organization as a fully fledged member, rather than as an observer member. Such an appointment can only be made if all Chapter 7 sanctions have been removed and their currency is tradable on the open market. (via Google Translator)http://translate.gooknews/2/220831/

Word has spread round the globe, partly due to the diligent efforts of the dinar forums, which have complied vast amounts of research, data and first hand intel, in an effort to determine, and plan for, the two most important pieces of information associated to this grand event the rate and the date.

120+ countries will see changes in their currency values along with Iraq upon the initiation of this unprecedented event. Each nation's currency rate will ultimately (if not immediately) be based mostly on the nation's assets (precious metals, oil, gas, GDP, etc.). See the article in Business Line Drifting Back to the Gold Standard.

http://www.thehindube?homepage=true

The revaluation of the Iraqi dinar is the beginning of the greatest wealth transfer in the history of modern man. The economic structures of the world are currently undergoing their most profound change in economic history. I anticipate that we will see the biggest economic boom the world has ever known taking shape over the next 50 years. We are all part of this history now being made!

Now is the time to prepare the foundation for your future of abundance so you can devote yourself to the pursuit of your purpose and your passions. Be diligent, study, learn, and prepare!

____________________________________________________________

[happygilmore]

I just want to point out that the following is not true.

"It also gives credibility to GW Bush when he expressed many times as to how this war would pay for itself, namely OIL. Iraqi oil at less than $33/barrel coming to the USA."

If you can provide proof of this then I would love to see it, otherwise it is just a rumor being pased along again.

[coldwarvet]

The US needs to, and is entitled to, share in the benefits of this resetting of the world's economies. When you look at the assets we have in this nation, it is stunning:

1. 263 million+ troy ounces of gold, the largest reserve ANYWHERE on the planet.

2. The world's largest oil field, the Bakken oil field in north central North America, with newly developed technology making it more profitably accessible. Plus, all the other oil fields now experiencing an upswing due to renewed drilling.

3. The Great Plains, the "breadbasket of the world," and its associated agricultural infrastructure.

4. The Interstate Highway system, one of a kind on the planet.

5. The amazing electronic communications systems network of the US.

6. The network of GPS satellites, enabling navigation anywhere in the world.

The list goes on. The only variable in this equation will be: do our leaders have the courage to assert these facts, and demand that the financial community reflect them in the new valuation of the USD?

[kwg]

Coldwarvet total agree the only problem is the 65 trillion dollars of total US debt that has us strangled. We need leadership to get the economy growing and it cannot come to soon. We have got to figure out how we can create jobs, get rid of entitlements and service our debt.

[HawaiianGal]

I read that they just found a new huge oilfield in the gulf. Here is the link True we don't own the whole thing, but it will certainly help. You can add that to the list too.

[keepmwlknfny]

Just another theory......it will be counterproductive for Iraq to give us oil at 33 dollars a barrel and on top of that we are buying it with dinar?? ......It hurts both nations.....and its hypocritical of the US if we did that.....not gonna happen.....