Thread: Iraq/Dinar News. 09/05 to 01/14/07

Originally Posted by neno

I have read and heard this, when I first got involved. The way I remember is, It is in Dinar's. Around 5 or 50 Billion at the first deposit that was made into the Federal Reserve in July of 2005. That was the only record of it before you could not find reports on it anylonger. It was even posted somewhere from a member. I just can not remember who.

Hey neno good buddy, ole pal,

I think this statement about the deposit in the Federal Reserve was about funds that belonged to Iraq though, not to the USA. I think it was related to to early actions taken with the development fund, whatever the correct initials are for that.

I do not think this was about dinar "owned" by the government of the USA, not to say that they do not own some but I don't think this is it.

Originally Posted by clueless

Hey neno good buddy, ole pal,

I think this statement about the deposit in the Federal Reserve was about funds that belonged to Iraq though, not to the USA. I think it was related to to early actions taken with the development fund, whatever the correct initials are for that.

I do not think this was about dinar "owned" by the government of the USA, not to say that they do not own some but I don't think this is it.

Exactly,

It was Iraq money, not U.S. on deposit. U.S., if they have any dinar, would probably not publish it. (g)

Good luck to all, Mike

Another thing that's been bugging me is that the Naysayers have been arguing about How can Iraq reval at 2 or 3 dollars when Saudi is at .27, well these people need to read sometimes. Did you know that the Saudi is figured on the 100 fil system instead of the 1000 fil system which means the Saudi would equal $2.70 at the 1000 fil system. People need to pay attention to the SDR rates. OK, I'm getting off my soap box now. lol

I'm not Blonde, but do get confused easy... So doe's anyone have a ball park idea what the US gov't has of its own in Dinars?

Thanks, Gloribee

Originally Posted by michael16

What is the point in arguing about the revaluation of the dinar, none of us have an ounce of control over this, we are all along for the ride. It is a very risky venture and we all had the nerve to risk it. If it takes a month or 5 years, we won’t determine that. If you don’t like what someone writes screw him, just move on, you don’t have to read it. People that are real negative love to get other peoples goat. I think it gives them some kind of feeling of control, so just ignore them. If someone writes something negative, as long as he doesn’t attack you personally blow him off. He will eventually move on because he can’t get a reaction from anyone. No one likes their bubble popped and we all can understand that, but at this stage of the game anything can go. This is a fantastic site and there is a lot of great information from a lot of very well informed people.

i have 18 on my ignore list now. i cant be bogged down with that drivel.

Originally Posted by Gloribee

I'm not Blonde, but do get confused easy... So doe's anyone have a ball park idea what the US gov't has of its own in Dinars?

Thanks, Gloribee

Well I have no facts concerning this but......

When I was in IRAQ there were rumors about conexxes full of DINAR going places......

Makes you wonder, or at least it does me.

There is a plan I tell ya, always has been.

Originally Posted by big Jim

Quote:
Originally Posted by CapeK
I have heard The U.S Govt. has $5 billion in dinar. At 1500:1, just to round things off that would net 7.5Trillion dinar. At a rate of $1.40 that would exhange at $10.5 Trillion

CapeK



Iraq Deposits Five Billion Dollars with US Federal Reserve

AFP | February 8, 2005

BAGHDAD - The Iraqi central bank has built up five billion dollars in reserves in recent months which have been deposited with the US Federal Reserve, a top US treasury official said Tuesday.

The sum will earn the Iraqi government about 100 million dollars of much needed interest each year, John Taylor, US treasury under secretary for international affairs, told a press conference after talks with Iraqi officials.

The money has been placed with the Federal Reserve Bank of New York.

Taylor said the five billion dollars had built up from the currency transactions since the introduction of the new Iraqi dinar.

He said he had discussed the importance of improving Iraq's banking system by developing electronic payments -- Iraqis still rely heavily on cash -- and to help the private sector to borrow money.

Iraqi authorities also had to set up financing for housing mortgages, he
added.

While acknowledging Iraq's security troubles, Taylor said there was much to be "optimistic" about in the country's economy with more signs of activity since the country's January 30 election.

"There is a lot of economic activity that you can see just by driving around the streets," said the official, who told reporters he had not been confined to the high-security Green Zone while in Baghdad.

"The necessary economic and political foundations are taking root to ensure Iraq's prosperity," he said.

I believe that 20 Billion was deposited but done so secretly, remember the rules changed just before we went in Iraq the first time. Like I said, there's been a master plan all along.

Originally Posted by twins0203

Is it even possible for a US citizen to open a Euro type bank account without actually being a resident of the UK? If so, I'm assuming it wouldn't be able to be done online? Do they have some type of insurance that is similiar to FDIC here in the states? Thanks!

you can hold your euro in a bank right here in the usa. an international bank usually will hold usd, euro, or yen accounts i believe it is. some even more various currencies than that.

Originally Posted by cigarman

I believe that 20 Billion was deposited but done so secretly, remember the rules changed just before we went in Iraq the first time. Like I said, there's been a master plan all along.

To tell you the truth, this war is ingenious. If you think about it , for the price a bunch of our proud and woman pay it will save our country from the cletches of evil and save our economy and take us out of debt. These are my thoughts. I just wish it didnt have to cost innocent lives and the lives of proud americans.

Originally Posted by Gloribee

I'm not Blonde, but do get confused easy... So doe's anyone have a ball park idea what the US gov't has of its own in Dinars?

Thanks, Gloribee

Now that this has been revealed. I would say that what OSW posted would be correct in saying that we will not know what the US has as a Stash. I knew I had read it but was not sure on all that was detailed are connected to it. Thanks for all the reponses. When it gets DEEP the Knowledge comes out. WOW!!!