"What follows is an 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.
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.
These are just a few thoughts that have helped me to put this whole thing into perspective,
All the best,
Michael
Vitality Herbs & Clay, LLC
Interesting, eh?
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.
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.
These are just a few thoughts that have helped me to put this whole thing into perspective,
All the best,
Michael
Vitality Herbs & Clay, LLC
Interesting, eh?