AMERICAN SOLDIERS IN IRAQ
Our finest brave young men and women are fighting in Iraq to give the Iraqi nation a chance for peace and freedom. I believe we should change the misssion of our finest people.
Our government should change the mission of the US Armed Forces to 3 tasks.
1. Protect the oil facilities and all related refineries pipelines and shipping ports.
2. Install Texaco, Chevron, Mobil Oil to provide the human infrastructure to get the oil out.
3. Deliver the oil to the good ol US of A so we can have 10 cent gallon of gas.
Now this would provide us the relief we need to save our airline industry.
Why are we fighting in Iraq if not to make cheap oil for us?
To make matters worse, as of this date, 4/18/08, one bbl of crude oil is selling for around $113. Funny thing, many analysts in the oil business predicted this # as a high, and that it will drop to $92/bbl. in 2009. Now, as they say in the oil field, I may look, act, buy, sell, and eat in all the wrong ways at all the wrong times, yet I am still able to shell out $65 to fill my car and not go to work.
So. if we are winning in Iraq, why arn't we paying 10 cents a gallon for gas. After all, if the Iraqi government would pay for all the money we have poured in there, by the barter system we could trade our debt for their oil. Yeah, that is what I am talking about!
TAKE INTEREST IN IRAQ-THE NEAR FUTURE IS HERE
Sad-dam Hussein invaded Kuwait in 1990. Before invasion 1 Kuwaiti Dinar was worth $2.79 (US Dollars). After invasion Kuwaiti Dinar was valued at ten cents . On the market today, 1 Kuwaiti Dinar is worth $3.39.
THE NEW IRAQI DINAR
Until the Gulf war the Iraq Dinar was valued at US $3.22. After the US freed the Iraqi nation from the grips of the absolute dictatorship of SHussein, the Coalition Provisional Authority issued the new Iraqi Dinar coins and notes. The notes were printed by De La Rue using modern anti-forgery methods. This created a single unified currency used throughout Iraq.
UNITED STATES HELP
For 5 years the United States of America has been struggling with various groups trying to destabilize the Iraqi nation. Oil is the key and will continue to be the prize for the winner of this conflict. The US is building the largest US Embassy in the world in Bagdad. The economy of Iraq is slowly returning to its prewar energy. The US has sacraficed many good men to this effort. War presents many difficulties and also many rewards. Like the saying when building muscles, no pain, no gain.
THE SECOND LARGEST OIL RESERVES IN THE WORLD-IRAQ
Think about all the things made with oil and its byproducts. CDs, plastic bags, gasoline, many parts of cars, do dads, this and that. Oil is vitally important to all of us. IRAQ has the second largest proven reserves of oil in the world! IRAQ has not even started to begin producing all the oil we need. When they do get it together, then the economy of IRAQ will take off.
10 YEARS
If you put your money into a CD making 4%, it would take 18 yrs to double your money. If you put some money into the New Iraqi Dinar 5 years ago, it would have already been up 25%. So, in 10 years your money will double. The rule of 72. Divide 72 by the interest rate you are earning to figure the amount of time to double your money. So, at 4%, divide 72 by 4 which equals 18 years to double. If you make 12% then 72 divided by 12 equals 6 years to doulbe your money.
BEST CASE SCENARIO
When the Dinar reaches one US penny, a million Dinars will be worth $10,000 US. When the Dinar equals ten cents, your million Dinars will be worth $100,000 US. When the Dinar equals 1 US Dollar, then your one million Iraqi Dinars will be worth ONE MILLION US DOLLARS!
Three years ago I saw a convincing full page ad in USA Today extolling the many virtues of investing in the New Iraqi Dinar. So, being a compulsive buyer I purchased one million New Iraqi Dinar for $1199 plus $35 for overnite shipping/handling.
After the bills arrived I was pretty satisfied with myself, that is, until I took my first look at Ebay auctions and found that One Million NID was selling for $600.
Not to be one discouraged on his first attempt, I quickly amassed another 10 million NID for a cost average basis of $720/million.
Now jump forward to the market today and you can buy one million NID for $850/million and up. If you are really lucky, you might find it a little cheaper.
The Central Bank of Iraq publishes a web site where you can track the daily sales of the NID. That site is www dot cbiraq dot org. It has a history of all the auctions since the inception of the money. Today it is 1206 dinar/$1 USD.
If you want to buy NID and have it kept in an online account, go to wide web dot ameraq dot org From that account you may buy/sell/have NID delivered at the touch of your mouse.
Why didn't we find out about the Kuwait money both before and after the Gulf War? This is where you really could have become an instant millionaire.
When the NID finally floats on the international money market, then anyone with the bills will make some substantial money. Somehow, the Iraqi government with all of its troubles has been able to keep inflation under check. The money has continued to increase in value. The surge is working in the country and the economy is moving forward. Not too many houses going into foreclosure in Iraq.
Oil is the key. With a barrel going for $107 it won't be long before Iraq gets on the band wagon. True, the country hasn't ramped production to even a fraction of its vast potential. Too many fingers in the pie trying to get as much control as they can. Eventually they will realize that there is plenty of oil money to spread around to every single person in Iraq as well as all the share holders of Haliburton, First Data Corp, GEO, and Blackwater.
At the end of the day, the country that controls the oil will be the big winner. Did I mention that GW Bush is an oilman? Dick Cheney came out of Wyoming. Take a drive through Pinedale and take a look at all the natural gas wells! The change in administration this fall will make no difference in the outcome of the war in Iraq for oil. Too many Senators, Congressmen and politicians of all stripes want in on the black gold.
You can sit on the sidelines and watch the action, or you can invest less than a thousand bucks and maybe, just maybe be in on one of the most lucrative deals of your life.
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