dcjr, What I was saying there is that the International Monetary Fund is holding a lot of Dinars in the Trillions -
and acquiring more
then
the CBI tells the Banks to increase the Cash reserves of DINAr from 25% to 75%
Why - Would they make their requirements the HIGHEST in the World (75%)
So,that in itself is a lot of DINAR off the streets and out of circulation..
Easy to convert to smaller new Bills, easier to call back.
to me it leans to REVAL
Also, I know the U.S. Treasury Department and the Government of Great Britan are at least as smart as we are -
and
They KNOW what the Oil and Natural Gas Reserves of Iraq are
They saw what happend to Kuwait Currency after Saddam was thrown out -and the currency SOARED.
They also know Iraq has more Oil and it has Natural Gas.
So -
Is it "reaching" to state that the US and Great Britan
( not to mention Ausralia, Japan,France Germany etc would have a BIG stockpile of DINAR (just like us)
as well as Major Oil companies - Waiting for the day that the
Dinar reaches its true value.
Therby paying for the War and/or paying for future Oil /Gas acquisitions from Iraq.
Well, if these Countries DO NOT have a stash of DINAR
-- while spending TRILLIONS of Dollars to RE-BUILD Iraq - -
then I would say they are TOTALLY INEPT -
but I'm sure they are smarter than that.
Sorry, I did not see your post till now -
I have been busy-didn't look at the board for 2 days