Chasing / following the money

Parts of this I had posted in another thread but thought it might be good for it's own thread so as to expose these thoughts to more possible peeps to consider.

For this example we shall use AJ's theroy of a 1to1 scenario. And we will use only the estimated amout of dinar that we the small fish hold in dinar.
Part 1
It is estimated that we peeps hold about 3 trillion dinar. With that number being the base to call...
3 trillion @ 1170 = 3,510,000.00 USD
Exchange rate (real) is 854.00 +/- a few cents ( not including the shipping and the mark up.

That said WE mean nothing in the entire scheem of things as 3.5 million over the last 8 years has held up Nothing let alone an entire country ...rick152

part 2
Now the difference between the world exchange rate ( what there is) of 854+/- USD and the dinar sellers.
Lets just say.
Dealer buys at 854.00 usd and sells at 1200.00 USD
266.00 USD ahead
Out of the 266 dealer pays staff and advertising. Facilities and other support.
Totals (based on todays numbers and todays pricing)
That 266 usd comes out to be about 798,000,000.00
798 billion people that is the gross for dealers BEFORE expenses so with that who is making money UNTIL a RV??? ...rick152

Part 3 to come

Part 3
Lets say (for arguement sake) that all the dinar we eventually cash-in go from the banks to the federal reserve bank. Lets also say that the things we have heard about the U S buying oil at a rate of 32 USD per barrel. Current rate we shall call 100 USD per. That 3 trillion we hold will generate 93,750,000 barrels of oil for the U S.
Now if the U S sells said oil to either foreign or domestic oil refiner's, (either to refine and sell as other products here or aboad it does not matter) Up end is 68.00 per, ahead.
With that the U S will stand to (estimated) make 6,375,000,000.00 USD. That is 6.375 trillion in oil sales alone. Plus onto that are the domestic sales, income, and other associated taxes to boot.
So I have but one question...We see that the dinar brokers are making big bank and the U S is making big bank so why would the U S (or any other entity that stands to gain heavily by this transfer) even allow this to go on much longer, That part is beyond me.
Love each other and yourself...rick152

3 trillion dinar at 1to1 and 15% cap gains tax alone comes out to 450 billion instant influx in new tax money and untold more in other associated monies...rick152

Good post and some good thoughts, my only quibble would be you margins are off, the Dinar is still locked in at 1170/M and currently the sell price at Dinar Banker is 1180/M even if they only paid the FOREX rate that is about 1151/M so that's still only $30/M margin.

Kevind53 wrote:Good post and some good thoughts, my only quibble would be you margins are off, the Dinar is still locked in at 1170/M and currently the sell price at Dinar Banker is 1180/M even if they only paid the FOREX rate that is about 1151/M so that's still only $30/M margin.

?? with your numbers isn't that
3,000 millions by 10 dollars = 30 billion
rick152

Yea, but that is a lot less than 798 Trillion!

True and some dinar sold for 1200. Just general numbers and still chasing the money. The point really is that we / our dinar are so small of a deal in the overall scheme. The big money will go somewhere else ...rick152

Plus then add the reserves that never got picked up plus add the sales that were for less than a million dinar and see where that number goes...Nowhere but way up

Agreed on that ... It's just I could see someone grabbing that number and using it to bash the heck out of every9one involved with the Dinar. Do I think the dealers mad some serious change on this deal? Heck yea, and more power to them. If they were smart enough to get in on the distribution side great, my only regret is I was neither smart enough nor did I have the resources to do it myself.

ditto

Your math is way off. The profits are $798 million not $798 trillion. The US GDP is 13.7 trillion.

And according to your numbers it's 6.3 billion in oil sales not 6.3 trillion. Please look at you numbers. You use throw around trillion like you were on Nancy Pelosi's staff.

HoneyBadger wrote:Your math is way off. The profits are $798 million not $798 trillion. The US GDP is 13.7 trillion.

Sorry on this one I got carried away with the decimal.

quote And according to your numbers it's 6.3 billion in oil sales not 6.3 trillion. Please look at you numbers. You use throw around trillion like you were on Nancy Pelosi's staff. end quote

On this one about the oil it is trillion...rick152

I fixed the numbers above. thanks

rick152 wrote:

HoneyBadger wrote:Your math is way off. The profits are $798 million not $798 trillion. The US GDP is 13.7 trillion.

Sorry on this one I got carried away with the decimal.

quote And according to your numbers it's 6.3 billion in oil sales not 6.3 trillion. Please look at you numbers. You use throw around trillion like you were on Nancy Pelosi's staff. end quote

On this one about the oil it is trillion...rick152

I fixed the numbers above. thanks

Look at your numbers again. You say that 93.75 million barrels ( 93,750,000) at $68 per barrel is $6.3 billion not trillion.

You changed the $798 trillion but your still wrong - you changed it from trillion to billion, it's 768 million.

Iraq's oil production may hit 9 million barrels a day that's 3.2 billion barrels a year and $223 billion of your supposed profit on $68 a barrel. There are no trillions in this equation or senario.

Two questions comes to mind,

1. How does anyone know how many folks own IQD?
2. How does anyone know how much IQD any one person has?

That's the question I have. Where do those numbers come from. Not sure I belive it. Nice to see you again, 1alaskan.

Deja Vu. Different name. Same deja vu...

The same questions can be asked about how anyone knows how many IQD any given dealer has bought, has sold and has on hand?

Yes some agency(s) could figure it out, but I would think that information is not for public consumption.

And what about the banks that did or are still trading in the IQD?