Why the RV makes sense!

[Rossenbos]

I like this piece. Can I make believe I wrote it? I didn't though. It's from another site.

The Game

The game played in Iraq has been played several times before (US Civil War, Nazi Germany, and others). Here's the basic layout of the game:

1) Perpetrate ways to devalue a nation's currency, usually beginning with a war (to be followed up, once more control is obtained, with inflation, excessive printing of paper money, excessive government spending, etc.).

2) Fund both sides of the war.

3) When the currency is at its lowest, buy up massive amounts of the currency.

4) Set up a Central Bank that controls the value of the currency.

5) Using the leverage of owning the majority of the nation's currency, continue to influence legislation to further destabilize the country and gain control of individual family wealth through excessive taxation, and other manipulative financial events.

6) Under the guise of war, rob the existing banks, or gain control of the remaining banking industry through various means (like stock market manipulations, junk bonds, derivatives, bad mortgages, etc.).

7) End the war and begin a reconstruction phase which will appreciate the value of the nation's currency.

Mandate that the government make good on the appreciated value of the currency, held mostly by this manipulative group of families.

9) Loan the government the money it needs to make good on the appreciated value of the currencies, creating large scale indebtedness.

10) With large scale indebtedness comes control of the government, their assets, and the people.

See any similarities with what just happened in Iraq (and America)?

One interesting side note to the advantage of revaluing the currency to a higher level just prior to the reconstruction of the country: (Thanks Ted, for this insight!),

When the Dinar is only worth 1/10 of a cent, funding a reconstruction effort with countries whose currency is worth more, can be a very expensive proposition. Revalue the war-torn country's currency up to a level several times greater than that of the currencies held by the 3500 companies coming in from abroad to help in the rebuilding effort, and now the reconstruction costs are significantly reduced.

As long as the country has assets to back up the revaluation (which Iraq has plenty of in oil and gas), a higher revaluation can be justified in the minds of the investing public. Iraq stands to become the largest oil producer in the world within a year or two, with plans underway to multiply their current levels of oil production to 10 times their current levels (from 2.4 million barrels per day (BPD) to 25 million BPD. Profit margins on a barrel of oil run close to $75+ based on a $4 buy from the excavating company sold to the government of Iraq, then sold on the global market at the current $85 per barrel (and expected to see $100 in the near future). Iraq stands to become one of the wealthiest nations in the world in due course, so an improvement in the value of their currency from the current $.008 (less than 1/10th of a US penny), is merely common sense.

There are close to 26 Trillion Iraqi Dinar in existence. The US owns 3.7 Trillion Dinar (14% of all Dinar in existence). The billionaires, millionaires and banks of the world have significant holdings. Iraq still holds 42% of the Dinars in existence. The "little guys" like us, currently hold 3% (7.8T) of the Dinar in existence. Large countries have contracts in place to trade their Dinar for oil at a rumored $31 per barrel and a contractual agreement not to begin cashing in for 6 months after the revaluation. Oil in the ground beneath Iraq is the collateral for this revaluation. Over 40% of their desert land remains unexplored.

[The Machine]

Right i've only two problems with this article ..... did you write this or was it copied for somewhere else a written a good while ago because oil is not $85 per barrel it's $98

http://www.oil-price.net/

Price Change Trades Volume

05:48 - $ 97.75 0.30 0.31% 4,712 6,651

Range Open 52 Wk Range 1 Year Forecast

97.54 - 98.22 97.59 71.32 - 114.18 $112 / Barrel

Secondly where did you get these "facts" stated in your last paragraph "There are close to 26 Trillion Iraqi Dinar in existence. The US owns 3.7 Trillion Dinar (14% of all Dinar in existence). The billionaires, millionaires and banks of the world have significant holdings. Iraq still holds 42% of the Dinars in existence. The "little guys" like us, currently hold 3% (7.8T) of the Dinar in existence"

I do agree with the majority of what you have stated ..... just not the above.

Edited July 14, 2011 by The Machine

[oleman]

Machine Right i've only two problems with this article ..... did you write this or was it copied for somewhere else a written a good while ago because oil is not $85 per barrel it's $98

Reread the very first line of the post and your question is answered.

I like this piece. Can I make believe I wrote it? I didn't though. It's from another site.

The Game

The game played in Iraq has been played several times before (US Civil War, Nazi Germany, and others). Here's the basic layout of the game:

Read more: http://dinarvets.com/forums/index.php?app=forums&module=post&section=post&do=reply_post&f=47&t=74881#ixzz1S4asbD89

[The Machine]

Oh my bad I missed that ......

Apologies Rossenbos ....... . and I did give u +1 for it before i commented.

Edited July 14, 2011 by The Machine

[haymon]

I like the idea of better value than USD.

[keepmwlknfny]

There are close to 26 Trillion Iraqi Dinar in existence. The US owns 3.7 Trillion Dinar (14% of all Dinar in existence). The billionaires, millionaires and banks of the world have significant holdings. Iraq still holds 42% of the Dinars in existence. The "little guys" like us, currently hold 3% (7.8T) of the Dinar in existence. Large countries have contracts in place to trade their Dinar for oil at a rumored $31 per barrel and a contractual agreement not to begin cashing in for 6 months after the revaluation. Oil in the ground beneath Iraq is the collateral for this revaluation. Over 40% of their desert land remains unexplored.

Its funny to see how people explain where the dinar is without the slightest bit of evidence.....just what sounds good.....there is no way that we as speculators hold almost 8 trillion dinar

[Sirius]

Its funny to see how people explain where the dinar is without the slightest bit of evidence.....just what sounds good.....there is no way that we as speculators hold almost 8 trillion dinar

Just a simple grade 4 math question....what is 3% of 26 Trillion? Sure as heck isn't 7.8 Trillion. Try again.

[The Machine]

Just a simple grade 4 math question....what is 3% of 26 Trillion? Sure as heck isn't 7.8 Trillion. Try again.

780,000,000,000 ... i believe .... and thats BILLION and I still dont believe that speculators hold even a tenth of that figure ... actually not even 1/100 of that !!

Edited July 14, 2011 by The Machine

[JoeB]

Just a simple grade 4 math question....what is 3% of 26 Trillion? Sure as heck isn't 7.8 Trillion. Try again.

And where did that 3 % figure come from?

[The Machine]

Actually I take back everything I've just said ...... just did some math there

To get to 7 trillion Dinar you would need 3million investors each spending $2000 USD which is plausable ( I have easily spent triple that)

2000 x 1170 x 3,000,000 = 7,020,000,000,000 ( 7.02Trillion)

the 780 billion dinar which is 3% of the 26 trillion could easily be achieved .... 3 million investors worldwide x $222 each

780,000,000,000 divided by 1170 = $666,000,000 divide that by 3,000,000 people = $222

Edited July 14, 2011 by The Machine

[Rossenbos]

Oh my bad I missed that ......

Apologies Rossenbos ....... . and I did give u +1 for it before i commented.

Apologies accepted

[Sirius]

And where did that 3 % figure come from?

It came from the original post. I just commented on Keepm's because he quoted it above. Just jumped out at me when I read 3% being almost 1/3.

Edited July 14, 2011 by Sirius

[Darin]

They do appear to be signing contracts left & right in regards to oil...

And they are exploring, removing mines, and making forward progress...

And... dont' forget that they will have other revenue channels, such as... natural gas

And... it appears that they are becoming more westernized everyday... So, don't forget the foreign investors that'll jump in and invest..

Uhm, they've had quite a bit of debt-reduction (Paris Agreement at 80% -- See B.I.W. details regarding htat.. 17 years to pay of a $10 billion USD principle)

Production will only go up.....

And... I still have a hard time believing that 27 Trill exist in circulation... That figure is skewed

[ClayEnthusiast]

Caught this post and your comments and realized the source, timing and some math errors needs some clarification, since the original article has been shortened by subsequent reposters.

I wrote the original article back in Dec 2010 about 2 months after first hearing about the RV. It was my best assessment to help me and a growing number of members of the Vista Group, to understand the logic behind the possibility of such an extraordinary profit potential with the IQD RV. The figures quoted for the amount of Dinar in circulation were the numbers floating around the forums at the time. My math was wrong on the 3% (7.8T), should have been (.78T). (Interesting how things can things can come back around months down the road!) Learning to pay closer attention to what I write or say.

For what it's worth, and to clarify concerns, here is the original article in full (less a reference to Dinar Trade for IQD):

Historical Logic Supporting the Revaluation of the Iraqi Dinar

Well worth investigating.

PS: I make nothing from sharing this info, other than the joy of sharing a rare opportunity.

The Government of Iraq recently swore in their new Prime Minister, Nouri Maliki. This launches the possibility of a significant revaluation (RV) in their currency, the Dinar, from $.00086 to at least $.86 or possibly as high a $8 (similar to where Kuwait revalued ($7.50) after the war a few years ago that made many quite wealthy). The Kuaiti Dinar (KD) now stands close to $3.50 per KD. Some feel Iraq will choose to stay close to $.50 below the Kuaiti Dinar upon revaluation.

What follows is my personal assessment surrounding how this opportunity came to be and why the expected events are in keeping with historical standard operating procedures by those that attempt to manipulate global events.

Logic Supporting the Revaluation of the Iraqi Dinar

The International Monetary Fund (IMF) and the Central Bank of Iraq (CBI) are heavily influenced and/or owned by the same group of families that have manipulated wars and other global events for thousands of years.

The Game

The game played in Iraq has been played several times before (US Civil War, Nazi Germany, and others). Here's the basic layout of the game:

1) Perpetrate ways to devalue a nation's currency, usually beginning with a war (to be followed up, once more control is obtained, with inflation, excessive printing of paper money, excessive government spending, etc.).

2) Fund both sides of the war.

3) When the currency is at its lowest, buy up massive amounts of the currency.

4) Set up a Central Bank that controls the value of the currency.

5) Using the leverage of owning the majority of the nation's currency, continue to influence legislation to further destabilize the country and gain control of individual family wealth through excessive taxation, and other manipulative financial events.

6) Under the guise of war, rob the existing banks, or gain control of the remaining banking industry through various means (like stock market manipulations, junk bonds, derivatives, bad mortgages, etc.).

7) End the war and begin a reconstruction phase which will appreciate the value of the nation's currency.

8) Mandate that the government make good on the appreciated value of the currency, held mostly by this manipulative group of families.

9) Loan the government the money it needs to make good on the appreciated value of the currencies, creating large scale indebtedness.

10) With large scale indebtedness comes control of the government, their assets, and the people.

See any similarities with what just happened in Iraq (and America)?

One interesting side note to the advantage of revaluing the currency to a higher level just prior to the reconstruction of the country: (Thanks Ted, for this insight!),

When the Dinar is only worth 1/10 of a cent, funding a reconstruction effort with countries whose currency is worth more, can be a very expensive proposition. Revalue the war-torn country's currency up to a level several times greater than that of the currencies held by the 3500 companies coming in from abroad to help in the rebuilding effort, and now the reconstruction costs are significantly reduced.

As long as the country has assets to back up the revaluation (which Iraq has plenty of in oil and gas), a higher revaluation can be justified in the minds of the investing public. Iraq stands to become the largest oil producer in the world within a year or two, with plans underway to multiply their current levels of oil production to 10 times their current levels (from 2.4 million barrels per day (BPD) to 25 million BPD. Profit margins on a barrel of oil run close to $85+ based on a $4 buy from the excavating company sold to the government of Iraq, then sold on the global market at the current $90 per barrel (and expected to see $100 in the near future). Iraq stands to become one of the wealthiest nations in the world in due course, so an improvement in the value of their currency from the current $.008 (less than 1/10th of a US penny), is merely common sense.

There are close to 26 Trillion Iraqi Dinar in existence. The US owns 3.7 Trillion Dinar (14% of all Dinar in existence). The billionaires, millionaires and banks of the world have significant holdings. Iraq still holds 42% of the Dinars in existence. The "little guys" like us, currently hold 3% (7.8T) (should read .78T - I apologize for the decimal error) of the Dinar in existence. Large countries have contracts in place to trade their Dinar for oil at a rumored $31 per barrel and a contractual agreement not to begin cashing in for 6 months after the revaluation. Oil in the ground beneath Iraq is the collateral for this revaluation. Over 40% of their desert land remains unexplored.

These are just a few thoughts that have helped me to put this whole thing into perspective,

All the best,

Michael (ClayEnthusiast)

[cisole]

thanks for the post Rossenbos

[Kooper]

I still believe!!!!

[dinarck]

How do you figure that this "game" was played in Nazi Germany? Germany had a redenomnation the same that Iraq is talking of doing. I have to admitt that this post sounds good and all but unlikely to say the least. This is nothing more than the "plan" theory that has been pumped for years. In my opinion the war had everything to do with oil and zero to do with hyperinflated currency.

[jg167]

The Government of Iraq recently swore in their new Prime Minister, Nouri Maliki. This launches the possibility of a significant revaluation (RV) in their currency, the Dinar, from $.00086 to at least $.86 or possibly as high a $8 (similar to where Kuwait revalued ($7.50) after the war a few years ago that made many quite wealthy). The Kuaiti Dinar (KD) now stands close to $3.50 per KD. Some feel Iraq will choose to stay close to $.50 below the Kuaiti Dinar upon revaluation.

This is just nonsense in my view. I see no information that the Kuwaiti dinar has ever even reach $4 per dinar, for most of its life, including after the war, its been around $3+ (and is the most expensive currency in the world). Further during and after the war trillions of Kuwaiti dinars were not printed so there was no huge devaluation to recover from. This whole idea of a big RV in Kuwait is a myth as far as I can see. IQD's may someday be around $1, but it has to rise slowly to the majority of dinars can be taken out of circulation so the remaining ones can increase in value. No way is it remotely possible for a country with less than a $100B dollar GDP, to have an M2 worth trillions of dollars.

[edbeach]

This sounds good to me I'll be happy with .85 to $2.00 per dinar

[imgesing]

Its funny to see how people explain where the dinar is without the slightest bit of evidence.....just what sounds good.....there is no way that we as speculators hold almost 8 trillion dinar

YES, EXACTLY!!!!! applauding....

The mystery will not be solved by us. Those in the know of the numbers are secure and tight lipped.

We will all do well in this but when, ahhh now that is the BIG question. Hopefully sooner then later.

It would seem to be a good time to finish this before months end but as always might just be my continued wishful thinking.

PEACE

[Redwizard]

And this was simple 4th grade math?

[Rossenbos]

Caught this post and your comments and realized the source, timing and some math errors needs some clarification, since the original article has been shortened by subsequent reposters.

Thanks for sharing, thank you for not having a go at me for sharing your article, thank you for clarifying and thank you for writing this piece in the first place.

I wanted to give you 5 +++++s but I can only do one. Maybe the others who liked your piece ( and gave me a +) could give you a +.

Okie told me that the number of ++s you get on this forum determines how many $$ you get for your dinar