Originally Posted by
ChiefWealth53
What are the differences between the post war Kuwait situation and Iraq's situation? Iraq is trying to create a new governmant with alot of violence still going on, while Kuwait went back to a peaceful situation with an intact productive government. How much will this matter when it comes to an RV of the dinar?
The Only Comparisons that come to mind that I have learned, is that once again we have the oppritunity of a LifeTime, cause of Oil. But before we didn't have the Internet as we do today. with Oil for support of the both countries, there really is no comparisons at all.
One thing that I cannot get out of mind is how many very big players are in this game of getting their hands on the Iraqi oil. China, USA, Russia, & Jordan. I just can't think of who else is in there.
I am sure their are many more that we might read about in the futher, and many more we never know about.
About six months or so ago a telephone aquaintence from Houston said that the Chinese had been in the Houston area emptying out the scrap yards of acres and acres of scrap metal to build oil tankers for transporting oil to China. He also said he knew some folks in Pascagola, Mississippi & they told him the Chinese were hiring ship builders in great numbers to go to China to build tankers. Also at that time he said he knew of several oil companies that had people sitting on the borders of Iraq waitng for the OK to go into Iraq & waiting for the violence to get under control.
Pretty sure this is all true too. Here in Texas many Oil drilling companies have sent their rigs already to Iraq, if not to nearby Dubia for the wait.
Asfar as the violence, it will only end totally with the next and next Generation. This Big Players have deep pockets. This is why there is over 180 know mercenary groups that are hired at atleast $200,000.00 a year in salary. The payments to these, makes them exspendable, and will be used to protect the interest of these companies. Done been reported that there are one merck for every US Solder in Iraq. This is a Big Deal, and plenty of money to be made.
Also about that time, I heard , from him that he knew of some "high ranking government officials" that had bought $100 million dinar.
Now that is alot. I personally know 8 people with over 100 million dinars, and heard of other rumors of others with alot more.
I know the violence is a huge problem, but I think with so many "big players" in the game, this RV has to happen & I think it will be soon.
Yes there is, might as well say alittle from all over the world. Luckly for the Internet, us small fries got a chance this time. Patience is the key.
RR, SGS, Neno, Breakeven, Old Skier & whoever else, what are your opinions on these issues?