One of the topics among thousands of business investors in anticipation of ending the recession with a big financial change is, will the Iraqi Dinar be re-valued or in some opinions re-denominated? I have been following this investment for more than one year and it has proven to be this on again off again relationship with dates, and announcements.
Some people who have invested in the Iraqi Dinar are apart of a group of investors with wisdom and understanding of the political process. There are many skeptics, and you can find many of the stories behind the skepticism online by googling Iraqi Dinar. However, there are a pool of people who refer to the Iraqi Dinar re-valuation/re-denomination as a “when” not an “if”.
Around 2005, there was word that the Iraqi Dinar would go through a political process and that the dinar would re-denominate/re-value, making a single person who invests in the currency worth a lot of money depending upon how much they choose to purchase. If you go through www.dinartrade.com which I have found to be a good source of authentic dinar, their prices are $164 including shipping for 100,000 dinar. When the revaluation hits, the expectation is that the country leaders will set a rate of at least $3 given the historical rates. What this means is that dinar investors are expecting to make at least three times the amount per dinar that they have.
Why would the country do this? Well, I am going to take a portion of a dinar investors explanation in order to make sure that I explain it well. I will not credit them for sharing the information so as to keep them anonymous.
“There was word that the U.S. Treasury would be taking something “off of the top” of the Iraqi Dinar exchange.
Well that is some what true…but how that will happen is (as we were told in the spring) by the existence of the two separate rates….the higher government rate and the lower public rate. So YES the US Treasury will get more…..but not in the way most have feared.
They (the US Treasury) will receive more by the use of the higher government rate….not by taking anything from you, but by ADDING to the book value of the Iraqi Dinar as prearranged by the ICI, IMF and WTO.
So nothing will be taken from you!
BUT value will be ADDED to the Iraqi Dinar when the U.S. Treasury and the governments of the world take possession of the IQD from the banks.
So nothing is taken off of the top. BUT The value of the Dinar is MORE when used by authorized governments.
Now as an example this is how this will work and how everyone including Iraq will benefit from this.
I will use the rate of $1.00 (one dollar) as an example to explain this….remember that rate is only an example.
1. Lets say the Iraqi Dinar revalues at a rate of $1.
2. Everyone goes to the bank and exchanges their dinar and opens accounts and the banks are flush with thousands of brand new multi-millionaires.
3. The bank then turns over all of the exchanged Iraqi Dinar to the U.S. Treasury who gives the banks a higher commercial rate. As an example I will say the U.S. Treasury gives the banks $1.50 for every IQD so the banks now have just made .50 pure profit from every single dinar exchanged with the U.S. Treasury.
4. As soon as the U.S. Treasury has possession of the Iraqi Dinar it is instantly listed on the books at the higher “government rate” of $3.86 so the U.S. Government and all the governments of the world will make more than 100% pure profit instantly!
Also all of the existing Iraqi Dinar that is held by the governments at the time of the revaluation will make the bottom lines of all the nations soar!
So just as your financial bottom line will change from the RV so will the US Government’s as well as other governments world wide!
So YOU make money…the BANKS make money….AND the US Government makes money!
Now…as most know…it has been arranged by the IMF and the ICI that the Iraqi Dinar held by the nations only be returned to to Iraqi in a very controlled manner.
Now this had been set up before hand by the ICI and IMF but as many may know this just became an serious issue when China threatened to do otherwise and that would have been a very destabilizing act upon Iraq’s economy.
So deals have been struck to prevent this from happening and the assurances from the nations who hold Iraqi Dinar had to be solidified to insure that the return of the Iraqi Dinar to Iraq by the nations who hold IQD would be done so in a very metered and controlled fashion.
This info about the “China situation” as most know has been provided by the team at DV and if you want those details contact a DV or DS member for the details.
So how does Iraq benefit from all of this you ask?
Well besides the obvious positive points that the revaluation will bring to the Iraqi people and government there are also hidden aspects to this “two tier rate” that help Iraq.
First I would like to point out that Iraq is a nation…a nation who has as its primary products and exports oil and natural gas.
Iraq is NOT in the currency exchange business.
When the Iraqi Dinars that are held by the U.S. Treasury and other governments return to Iraq they will be used to buy oil and natural gas…..so there is no exchange of currency.
AND the benefit to the US and the other nations is that this high government to government rate will in essence enable the US Government to buy Iraqi oil at a great pre set discount!
That is because the Iraqi Dinar that will be used by our government to purchase oil and gas from Iraq will have been secured from the banks for less than half the value!
ALSO! What this has done for Iraq by doing this is in this manner is Iraq now has GUARANTEED customers for all of it Oil and Gas!
So all of the governments who will soon be holding all of these Iraqi Dinars have a very real incentive to hold on to all of the IQD they can get…for in doing so they are assured of the discounted purchase of oil and natural gas in the future.
So EVERYONE benefits!
YOU become rich!
The Banks become flush with brand new millionaires!
The US economy soars!
The banks make BILLIONS from the exchange to the US Treasury.
The US Treasury makes TRILLIONS of dollars instantly!
The US Government is guaranteed decades of discounted oil and natural gas products by the use of the Iraqi dinar to purchase oil from Iraq.
The nation of Iraq is guaranteed customers for their oil for decades!
This is a classic win win situation.
And that is how this works to the benefit of all…you…the banks…the US Government and the nation of Iraq.
Got it? ”
As for the Iraq Dinar, I look at it like I look at salvation. I would rather believe in my heart and confess out of my mouth that Jesus is Lord than to wake up in Jesus’ face getting orders to go to hell. This article is for information purposes only. As an investor, you will benefit financially from the revalue, but the cool thing is that there is no way to lose big. For one million dinar, it costs around $1000. So, if it revalues, you could have $3M and have invested $1000. (example amounts)
Recently there have been a feature of Iraq on 60 minutes, an interview encouraging people to invest in Iraqi Stocks, and even coverage in the Washington Post.
That is most certainly your choice, but there are some others who are getting in on another investment within the country, the currency exchange. Remember Iraq is not in the business of currency exchange. This investment will help their economy.
There is a lot of information and you get to make your own choice. I am a believer! I know that there have been other countries in the past who have had to do this same thing. Whether we understand it or not does not mean that it will not happen. This is my Christmas gift to you. If it happens in 2010 (within the next ten days) then you have had a gift of a lifetime without any wait. You just stumbled across this article and got a blessing. If not within ten days, you may wait for a few like the rest of the investors but you will win according to my sources.
Check out: http://www.xe.com/currency/iqd-iraqi-dinar
This page has consistently held that the dinar will revalue in 2010.
*There is sooo much information that is not in this blog. If you are interested do your SOUND research. You may wish to join a forum or connect with people who are familiar with information that can help you make a wise decision.