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Pheonix3333 Newest Info - very interesting

proteus

By proteus,
in Dinar Rumors

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proteus Newbie

proteus

Posted
Posted

IMF sell gold to Central Banks....

Official U.S. Government Price for Gold is Only $42.22/oz.

www.anothersite.com

HIGHLIGHTS BELOW... from Article above...

1 - The unit of currency in the Republic of Iraq is the Iraqi dinar, and composed a thousand equal part, each resort called him (fils).

2 - equivalent to the value of the Iraqi dinar (2.48828) grams of pure gold.

1 Troy oz = 31.10 grams

So at that rate $42.22

1 Iraqi Dinar would be valued at: $3.37

$42.22 divided by 31.10 = $1.35

$1.35 X 2.48828 = $3.37

The AUDIO is very interesting and Scooter in working on this information...

It states: "Note: This repealed the law under the Iraqi Central Bank Law No. 56 of 2004",

So they just put in place the old law from 1976 in repeal of the 2004 law.

We'll have to see what this information really means...

It's worth a good listening to.....

:twothumbs:

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Artitech Grand Master

Artitech

Posted
Posted

now this is what im talking about good info. it sounds right. Iknow we got people that can debunk this. If this true law or not. It seems to me they will or should follow their on law. I sure hope so. we could be at the end of ride folks if this is true sure makes sense to me. Go RV!!! :D:D:D:D

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coolbeans Newbie

coolbeans

Posted
Posted (edited)

Looks like he and Scooter did some more digging!

"Great work Scooter!

1 Iraqi Dinar according to those standards in that law and according to the set gold rate by the IMF would be:

1 Iraqi Dinar = $4.48

The IMF has set the price of gold in the fund at 35 SDR per oz.

1 SDR = $1.60045 USD

35 SDR X $1.60045 = $56.015775

So 1 oz of gold = 35 SDR and 35 SDR = $56.015775

1 Troy oz of gold = 31.1034768 grams.

So $56.015775 divided by 31.1034768 = $1.8009481

$1.8009481 X 2.48828 = $4.4812631

Result: 1 Iraqi Dinar = $4.48

IMF Gold

http://www.imf.org/external/np/exr/facts/gold.htm

Phoenix"

And this:

"Scooter!

You said: "WOW! STILL HAVEN'T CONFIRMED WHEN THAT LAW OR REVISION BECAME ENGAGED BUT CHECK OUT BELOW AND TELL ME IF I'M CALCULATING THIS CORRECT. THEN, TAKE A LOOK AT THE MINISTRY OF PLANNING GDP AND DEFLATORS. I DON'T KNOW, BUT IT SHOULD BE INTERESTING...."

Ok...Scooter I think we are looking at this from the wrong direction....instead of looking for when this was ENGAGED...we should look to when the 2004 law was DISENGAGED.

I think what may have happened was when they voted to resend the 2004 banking law (the Bremmer Law) by doing so they reactivated this former law by default!

It would appear that the 2004 law when put in place was nothing more than an emergency war time action and was never intended to be a permenant law in any way but just an emergency law set in place to restructure the CBI during war time.

So we may all be looking for something that was enacted when in fact the evidence is to be found in the RETRACTION of the 2004 law it's self.

The wording we see in that law would support that very line of thought.

IMHO

Phoenix"

Found here: http://articlesofinterest-kelley.blogspot.com/2011/07/gimme-shelter-radio-july-6-2011-could.html

Go RV! :twothumbs:

Edited by coolbeans
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