posted on Mar, 7 2011 @ 09:52 PM
This is going to be on the Iraqi dinar but in the last couple months of research since the beginning of CHPTR 7 Sanction removal begun I have been
hearing a lot of conspiracies involving the USA and China and a new world currency reserve involving the Bancor. Im not sure what to believe in the
whole thing but I do firmly believe the Iraqi dinar will revalue and become the dominant currency in the middle east and those who say it is a scam is
horribly mistaken, it's a currency developed by the USA and De La Rue paid for by our tax dollars of course and its already worth less then toilet
paper, you can buy over a thousand sheets for a buck.
Anyways, I have read a lot how China is moving in slowly removing the dollar and made claims as to wanting their currency to be the new world
reserve. Right now the USD (United States Dollar) is the world reserve currency, we took the thrown after WWII when the British pound lost it's
status after 200 years because the USD was spread through out the world as we helped rebuild the countries that were beaten by the Nazi's and
Japanese. If the USD ever loses it's status as the wrold reserve currency the prices of everything will double or more, it will pretty much crash our
economy and spiral us into another great depression for about a decade. Research what happened to Britain after losing its status as the world
reserve, very scary.
Well America is about to reach it's cap in debt within a few short months and what are we ever going to do. I have read a lot of posts about this
and talk to a lot of fellow investors and most firmly believe Iraq will Revalue there currency and that will save America (only temporarily of course)
The US Government has so much IQD (Iraqi Dinar) that if it were to revalue our government will gain trillions of dollars off this investment, Obama
will coe out and claim he has saved the economy and run for president for the 2nd time.
I do not know a lot about the Bancor currency wanting to be developed by the World Bank but a lot of people believe this IQD revaluation well be a
temporary fix in our economy until the bancor can be released in a few short years a long with a new American currency which a few brokers told me
they firmly believe the Amero will take over before they ever let the dollar crash. Here are the links to a couple articles, I just want to know of
anyones opinion on this or if there are fellow investors that know about this also. If you haven't invested into the IQD it would be a good idea to
do so, research Iraq's history and every aspect of it and ask yourself this, why wouldn't it go back to the way it was since sanctions are being
lifted, they are what caused them to go down. anyways here ya go.
On page 14 it talks about Reinstating the IQD back to the way it was I believe at about $3.30 to $3.39 per dinar.
And that is the IMF report on the Bancor (new world currency)