OK! ... First of all... I still maintain the US does not posses any dinars. There are no references to it in any link/article/story. The Fed Reserve is a non profit (kinda), they would not be speculating on a risky foreign currency... it's absurd. WayneC777 - lolo absurd ha. You obviously have no clue what is going on. Let me inliten you ...
But lets go with this thought of the US holding 7 trillion dinar. If that were the case... how do you see this playing out? WayneC777 - Buy low ... and sell High
Iraq revalues to 1:1 and then what? WayneC777 - Bud if I have to tell you this ... you should not be investing.
The US gets 7 trillion dollars from Iraq? Iraq only has about $40 billion... where would they get other 6.960 Trillion from? So that sure as heck ain't gonna happen. Maybe we get oil with the dinars. At 2 million barrels a day and $150 a barrel Iraq would have to give us every barrel for the next 31 years. Even if Iraq gets to 10 million barrels a day, which is wildly optimistic and probably 10 to 20 years away if ever, that would still be every drop of oil for about 13 years. A war torn impoverished nation giving away their only real source of revenue for the next 30 years... I'm guessing that ain't gonna happen either. WayneC777 - All of this is in the above clips I sen you. That has been building for 60 years
We also have this little diddy looming. Very shortly... I'm sad to say... we are looking at a Democrat president with a democratic congress that all want to get out of Iraq. More than half of Iraq's representatives recently signed a petition stating they want us out. Iraq is still one of the most corrupt countries in the world and their leaders know no other way of being. If those thing happen... I would say Iraq has about a 50-50 chance of turning right back into a hell hole. WayneC777 - Thats why we are building very large buildings over there to house our troups for years to come. The US "MUST" win and keep control over their so that we can keep control of our oil.
This is not about the War ... its about the US keeping control of the oil and the One World Government ...
Wisdom is a gift from God ... Through Faith Our Wisdom Matures ... ----------- SEC - Division of Enforcement's Michael Lim 202-551-4659 or 2000 LimM@SEC.GOV
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