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DINAR R.V SAVES U.S.A DEBT CEILING


Q.TylerBack
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OVER 4 TRILLION DINAR IN THE U.S TREASURY'S POSSESION, THE BIG PLAN COULD EASILY BE THE IRAQI DINAR R.V!!!!!!!

This was mentioned in the past but no one ever showed proof of this.. Mods, can you close this thread please. The topic is misleading..

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This was mentioned in the past but no one ever showed proof of this.. Mods, can you close this thread please. The topic is misleading..

Wasn't there a topic on here a few days ago where someone was emailing their congressman back and forth that mentioned how much dinar the US holds?

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OVER 4 TRILLION DINAR IN THE U.S TREASURY'S POSSESION, THE BIG PLAN COULD EASILY BE THE IRAQI DINAR R.V!!!!!!!

Yes Great Idea But have you ever heard the US Goverment do the right thing with the money ? They will just spend more money on there own payroll and claim They were responcable for the RV. And make the rest of us pay the intrest on the debt.

Just my opion.

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I am not 100% sure, but I think that all governments have to wait a certain time frame (think 6-12month) before they can cash in. Plus, if we the citizens cash in, the IRS has no tax forms to tax us, as it stands they cant tax a currency. Therefore the US Gov still wont have any income. This is why Obama is trying to get a law past quickly to be able to tax us. Maybe he is even stalling the RV to get the tax law past?

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OVER 4 TRILLION DINAR IN THE U.S TREASURY'S POSSESION, THE BIG PLAN COULD EASILY BE THE IRAQI DINAR R.V!!!!!!!

So which is it? 4 "trillion" or "billion" ... I have heard conflicting rumors. :lol: I know our debt is what about 14 trillion from what I saw on Yahoo this morning?

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I am not 100% sure, but I think that all governments have to wait a certain time frame (think 6-12month) before they can cash in. Plus, if we the citizens cash in, the IRS has no tax forms to tax us, as it stands they cant tax a currency. Therefore the US Gov still wont have any income. This is why Obama is trying to get a law past quickly to be able to tax us. Maybe he is even stalling the RV to get the tax law past?

Can't they tax proceeds from the purchase of currency though?

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THis is from WealthDaily.com

The Revaluation of the Iraqi Dinar

How the U.S. Plans to Make Trillions

By Greg McCoach

Friday, July 8th, 2011

U.S. national debt will exceed $14.5 trillion by the end of the summer.

The government has been underwater so long, it has gills...

But despite their desperate condition, the Feds still have a few tricks up their sleeve that will allow them to keep “kicking the can” down the road.

One of the gimmicks they've cooked up to stave the wolves off is becoming more and more evident: The revaluation of the Iraqi dinar.

The dinar collapsed after the United States invaded Iraq and toppled Saddam. Prior to U.S. invasion, the Iraqi currency was trading over USD3 to one Iraqi dinar on the strength of the country's massive oil industry.

After the collapse, the dinar was trading significantly lower. At one point, a single dollar purchased one thousand Iraqi dinar.

Speculators began to take positions in 2004 hoping someday, the dinar would recover and the UN economic sanctions would be lifted, allowing the currency to be revalued. Since then, there has been much speculation regarding how and when that would occur.

But here's the really interesting part...

The U.S. Government is the Largest Holder of Iraqi Dinar Outside of Iraq

Does that really come as a surprise?

The U.S. Treasury does not officially list the Iraqi dinar as part of the country's forex reserves.

New Iraqi Dinar

see detail of 50 dinar bill

However, the Treasure does say it did an initial currency swap with Iraq to fund their government and Ministries...

Exactly how many dinars were traded is not mentioned, but it does make reference to “billions of U.S. dollars” traded to Iraq.

About two months ago, Iraqi dinars could no longer be purchased; the recent Dodd Frank bill appears to have legislation related to the revaluation of a foreign currency and preventing mass hysteria.

From what I have been able to gather, it sounds like this plan was originally put together by George Bush, **** Cheney, Alan Greenspan, and others years ago as a way for the U.S. government to be repaid (read: get kickbacks) for their efforts in Iraq.

Experts speculate the U.S. government received nearly 4 trillion Iraqi dinars at an exchange rate of 4,000 dinar to USD1.

If this is even close to true — and the UN allows Iraq to revalue their currency up to USD1: one Iraqi dinar — the U.S. government would stand to profit in trillions... as would anyone else who speculated on the dinar over the years.

Bush’s statement, “This is a war that will pay for itself,” will be true 10 times over.

Check out how the House of Saud got taken for $267 billion of their own crude oil.

Edited by mrb
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I am not 100% sure, but I think that all governments have to wait a certain time frame (think 6-12month) before they can cash in. Plus, if we the citizens cash in, the IRS has no tax forms to tax us, as it stands they cant tax a currency. Therefore the US Gov still wont have any income. This is why Obama is trying to get a law past quickly to be able to tax us. Maybe he is even stalling the RV to get the tax law past?

I think you'll find it's called 'Capitol gains tax'

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Obama doesn't need to sign any law for us to have to pay Uncle Sam. Many, many posts have already proved that we will have to pony up with capital gains taxes at either 35% (for IQD held less than one year) or 15% (for IQD held greater than a year).

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OVER 4 TRILLION DINAR IN THE U.S TREASURY'S POSSESION, THE BIG PLAN COULD EASILY BE THE IRAQI DINAR R.V!!!!!!!

NEWBIE DO YOU HAVE A LINK OR SOME CONCRETE EVIDENCE THAT SAYS THE UST HAS OVER 4 TRILLION DINARS, I'VE BEEN RESEARCHING THIS FOR OVER 7 PLUS YEARS AND THERE IS NOT ONE THING THAT POINTS TO THE UST HAVING 4 TRILLION DINARS NO WHERE. SO IF YOU CAN HELP ME OUT WITH SOMETHING THAT CAN BACK IT UP I WOULD APPRECIATE IT VERY MUCH... BY THE WAY JUST BECAUSE BUSH SAYS THE WAR WILL PAY FOR IT SELF IS NOT SUFFICIENT EVIDENCE THAT UST HAS 4 TRILLION DINARS..... :lol::lol::lol:

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NEWBIE DO YOU HAVE A LINK OR SOME CONCRETE EVIDENCE THAT SAYS THE UST HAS OVER 4 TRILLION DINARS, I'VE BEEN RESEARCHING THIS FOR OVER 7 PLUS YEARS AND THERE IS NOT ONE THING THAT POINTS TO THE UST HAVING 4 TRILLION DINARS NO WHERE. SO IF YOU CAN HELP ME OUT WITH SOMETHING THAT CAN BACK IT UP I WOULD APPRECIATE IT VERY MUCH... BY THE WAY JUST BECAUSE BUSH SAYS THE WAR WILL PAY FOR IT SELF IS NOT SUFFICIENT EVIDENCE THAT UST HAS 4 TRILLION DINARS..... :lol::lol::lol:

It's because it's not true!!!!

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OVER 4 TRILLION DINAR IN THE U.S TREASURY'S POSSESION, THE BIG PLAN COULD EASILY BE THE IRAQI DINAR R.V!!!!!!!

Yea sure that makes sense. After all $4T USD would only amount to the entire yearly oil wealth of Iraq for 20 years or so. I'm sure the Iraqi's will not mind keeping their country in exactly the sorry state its in now, not using a penny of their own money to help themselves for a couple of decades in order to help with our debt. :) .... or maybe not.
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THis is from WealthDaily.com

The Revaluation of the Iraqi Dinar

How the U.S. Plans to Make Trillions

By Greg McCoach

Friday, July 8th, 2011

U.S. national debt will exceed $14.5 trillion by the end of the summer.

The government has been underwater so long, it has gills...

But despite their desperate condition, the Feds still have a few tricks up their sleeve that will allow them to keep “kicking the can” down the road.

One of the gimmicks they've cooked up to stave the wolves off is becoming more and more evident: The revaluation of the Iraqi dinar.

The dinar collapsed after the United States invaded Iraq and toppled Saddam. Prior to U.S. invasion, the Iraqi currency was trading over USD3 to one Iraqi dinar on the strength of the country's massive oil industry.

After the collapse, the dinar was trading significantly lower. At one point, a single dollar purchased one thousand Iraqi dinar.

Speculators began to take positions in 2004 hoping someday, the dinar would recover and the UN economic sanctions would be lifted, allowing the currency to be revalued. Since then, there has been much speculation regarding how and when that would occur.

But here's the really interesting part...

The U.S. Government is the Largest Holder of Iraqi Dinar Outside of Iraq

Does that really come as a surprise?

The U.S. Treasury does not officially list the Iraqi dinar as part of the country's forex reserves.

However, the Treasure does say it did an initial currency swap with Iraq to fund their government and Ministries...

Exactly how many dinars were traded is not mentioned, but it does make reference to “billions of U.S. dollars” traded to Iraq.

About two months ago, Iraqi dinars could no longer be purchased; the recent Dodd Frank bill appears to have legislation related to the revaluation of a foreign currency and preventing mass hysteria.

From what I have been able to gather, it sounds like this plan was originally put together by George Bush, **** Cheney, Alan Greenspan, and others years ago as a way for the U.S. government to be repaid (read: get kickbacks) for their efforts in Iraq.

Experts speculate the U.S. government received nearly 4 trillion Iraqi dinars at an exchange rate of 4,000 dinar to USD1.

If this is even close to true — and the UN allows Iraq to revalue their currency up to USD1: one Iraqi dinar — the U.S. government would stand to profit in trillions... as would anyone else who speculated on the dinar over the years.

Bush’s statement, “This is a war that will pay for itself,” will be true 10 times over.

Check out how the House of Saud got taken for $267 billion of their own crude oil.

Greg McCoach is an entrepreneur, who has successfully started and run several businesses the past 22 years. For the last 9 of these years he has been involved with the precious metals industry as a bullion dealer, investor, and newsletter writer.

Mr. McCoach's years of business experience and extensive personal contacts in the mining industry provide unique insights that have generated an impressive track record for The Mining Speculator since its inception in 2001. In 2008 he launched the highly successful precious metals service known as Greg McCoach's Insider Alert. He also spreads his vast knowledge of the precious metals markets in a weekly column for Wealth Daily.

Greg is also the President of AmeriGold, a gold bullion dealer. . . . . I would bet he is also a "Dinar Dealer" . . . aka, pumper. Every thing he said in his article is old news that has been stated, pumped and stated again by pumpers all over.

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This was mentioned in the past but no one ever showed proof of this.. Mods, can you close this thread please. The topic is misleading..

HAHAHAHA

If the Mods were to go around closing threads that were misleading they wouldn't have time to do their own reading and research! I just read one before this that was a lot worse.

Good luck with that ... :D:lol::D

smee2

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