- Billy Giles Interview – CD – Shown Actual Size
Former Secretary of State of the USA Dr Condoleezza Rice had visit Iraq in May of 2005. During this visit the World Bank, Dr Rice, and the IMF met to discuss what the Dinar could be backed at during a revaluation. Here were their respective endorsements and in US dollar/cents:
Opening Rates Debate – Iraq May 2005
.20 Cents – The World Bank
.40 Cents – IMF
.82 Cents – USA (Condoleezza Rice)
Now, assuming a revaluation of a mere 1 cent would give everyone right now a 10X return on investment I’m going to use 1 penny as the minimum opening rate as this is what Billy Giles and I have agreed as would be an absolute minimum.
Now there are three phases in my mind for a revaluation. These 3 phases have objectives tied to them as follows:
Revaluation Phases
Phase 1 – Before Reval – Objective: Maximize Dinar value and oil production before the revaluation.
Phase 2 – The Revaluation – Choose an opening rate/date that will be funded 100% and will grow
Phase 3 – Immediately After The Revaluation – Kuwait’s Dinar reval rate almost doubled immediately
Now, with that being said. It should be no surprise that all supporting Governments in countries around the world would have a stash of Dinar. The USA Government believes in the success of Iraq and has Dinar as proven in the Billy Giles Interview in the DrDinar Home Study Course and also in the DrDinar Report Version 3.
The media does not always hear of news first. Especially if there is a non-disclosure involved and something ‘slips out’ during an interview.
When Condoleezza Rice endorsed a rate of .82 cents we must assume that the USA Dinar stash including a profit forecast of George Bush Jr’s notorious shipment was equated into such rate. Therefore allowing .82 Cents to the Dinar to not be a total farce.
Revaluation Exchange House Fees
Now despite what the opening rate will be, the local banks that will exchange Iraq Dinar for you during and after the revaluation will charge a nominal fee anywhere from 3% to 6% just as they do with any other world currency conversion. They need to make money so that’s why they do it.
Who gets the lower 3% rate? Let me tell you, high volume exchanges, and GROUPS. At DrDinar we will be negotiating group revaluation rates for possibly all our site members including basic free members.
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Written by Darren Chabluk, sign up for the
site launch Priority Notification if you have
not already done so at http://DrDinar.com
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