Dinar Reval Foundation Of Rock Taking Formation
U.S. Forces General Ray Odierno will not say how many troops remain in Iraq but it is a sure thing that the troops have moved to outside of urban areas of major Iraqi cities. This is where the rubber meets the road for testing Iraqi’s own Military independence in Iraq.
A positive test result of maintaining and reducing the current level of violence will result in US troops leaving Iraq all together in large numbers.
What does this mean for the Iraq Dinar currency? Well, this is definitely a major event proving to Iraq and the world that they are ready for independent control of the country. The success of this event will give the Dinar a foundation of rock for entry into the World Market (Revaluation of the Dinar) The remaining question will be when will the Dinar reval and what will it open at.
“Iraq is being de-dollarized and it should be complete by Oct….If you remember, when they had to turn in the Saddam money for the new Dinar, (which we have), they had 90 days to do it. It is about 90 days till Oct. Any Iraqi that is sitting on (US) dollars will have till then to exchange them for Dinars or be stuck with some (US) money they can’t exchange in Iraq.” -Billy Giles, Dinar Research Analyst, Manchester TN USA
Researcher Billy Giles spent 3 years in Iraq has stated that in the last week of June 2009 Iraq is being forced to not use US currency with a deadline. Billy gives the deadline for October 2009, where Iraqis will not be able to exchange US currency in Iraq any longer. This is another event that will strengthen the Dinars position before the Reval.
The Dinar Reval being an event in and of itself will result from a series of small events as market conditions converge on heavily rewarding early Dinar investors. It can also be mentioned with confidence that the opportunity for Dinar is no longer as risky as it once was 5 years ago.
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Written by Darren Chabluk for http://DrDinar.com
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