The Gold Iraqi Dinar is happening right in front of us. A gold-backed currency that has been destroyed. Now when I say gold-backed, it’s not the same type of backing as when you would think of the US dollar being backed by gold. It’s happening a different way. And it’s interesting to me, based off of a video I did a couple weeks ago about the Dinar and my story about it, and how I came into that investment. And quite frankly, this is the smallest investment I’ve ever made. I read through the comments, and one comment was someone just full of rage, saying, stop telling the people it’s being revalued, it’s not being revalued.

I told the person, I said, I just read multiple news stories from not only Iraq, but other parts of the world where the Iraqi government has revalued the value of the Iraqi Dinar versus the US dollar. Then I saw some other people say, it’s not revalued, look at what it is on the exchange. Look at it, it’s not doing what the government says. And I said, well, the US government values gold at $35 an ounce. It’s true. The US government has its gold reserves on its balance sheet at $35 an ounce. It has never changed it, ever since Nixon took us off the gold standard temporarily.

How do you like what politicians say and what they actually mean or do? And the reason why the US dollar is still valued at $35, the gold is still valued at $35 in the government books, because the government doesn’t want you to know that the purchasing power of the dollar is going down drastically. Now, the Iraqi Dinar, to say that it went down drastically, is an understatement. The Iraqi Dinar has always been worth in the last, you know, before we invaded Iraq, it’s always worth two to three times more valuable than the dollar. And it’s also interesting to me that my greatest gains in life have come from very obscure, unknown investments.

It’s usually the people that are running around screaming, you know, when you talk to someone like, hey, what do you think about gold and silver? Like, that’s a scam. I’ve heard that. How many people have heard that? Type one, have you heard that? Yeah, gold and silver is a scam. How do you base that information? Where do you get that information? That’s a scam. There’s no return on it. Okay, it’s going up in value. But all right, how about Bitcoin? Oh, it’s a scam. How many people have heard that type two? Well, where do you get that basis of knowledge? It’s a scam.

I just I heard it from someone. And then you think about the Iraqi Dinar. And type three, if you’ve heard the Iraqi Dinar is a scam. They’re just trying to steal your money. Yet, it’s one of only two currencies in America that I cannot go into a bank and buy a bank that deals in Forex, where you go order money, and it comes to you because you’re going to go on a trip. The banks will not allow you to buy Iraqi Dinar or Vietnamese Dong. And it’s funny to me because when I saw those videos on public broadcasting television back in the early 2000s about the revaluation of the plan to bring back the value of the Dinar identical to what happened to the Kuwaiti Dinar.

You see, politicians got extremely, extremely wealthy along with some insiders on the Kuwaiti Dinar. They collapsed that thing down to five cents. And it was worth two or three times what the dollar was at the time. And then they, Bill Clinton gave this amazing speech, we’re gonna, we’re gonna revalue, we’re gonna bring back the currency. Well, that’s real nice, Bill. You made probably a hundred million bucks off that deal. I don’t know the exact amount, but they all owned it. And they were gonna do it all over again in Iraq. But man, that darn YouTube got out there and all of a sudden, everybody, Tony, are you on right now? Tony P on? Tony Peralta, hi.

You know, it’s interesting because all of those, it’s an old friend, if it’s the same Tony Peralta. I, uh, you know, it’s interesting because they were gonna get away with it, unless they succeeded. Until YouTube and social media came out and then people started sharing the truth and the stories and they pushed it back. And it was the US government that was pushing back the revaluation. The whole time the officials in Iraq wanted this to happen because it was about rebuilding, right? Well, you know, and I’m gonna get to this news story about the gold because I think it’s very important people understand this, uh, gold that, that Iraq’s buying.

They’ve been buying this. I’ve been following this since about 2015. The Iraqi central bank’s been picking up more and more gold as much as it can. And right now it sits at like about, I think if it’s 8% of their reserves are in gold and on the world stage, it’s actually a pretty good clip. Sure. You’ve got your European central banks in America, Russia and China to have more. But if you think about it, they’re bigger trading partners, bigger economies, but also they’re the ones that have raped and pillaged the world. You see, most people don’t realize, I think it was South Africa or one of the African nations just demanded their gold back from the US, identical to what happened to Germany in 2015 2016 when Germany demanded their gold back from the US.

And most people that would tell you that Bitcoin’s a scam, gold’s a scam, the Iraqi Dinar’s a scam, they don’t even know or could even comprehend that most of the world’s gold has been sitting in the US for quite some time because of World War II. And the US concocted an incredible scheme to take their gold, make the dollar the reserve currency and then export their inflation around the world. So right now we are at a moment that the dollar hegemony is collapsing and countries like Iraq, as small as they are, get massively rich in resources, right, like oil, are out there buying gold.

Why? Well let me first go over the story and if you guys can do me a favor in juicy, I’ll go. And everybody hashtag gold Bitcoin or Iraqi Dinar, whatever you guys own, as a matter of fact if you own all three, hashtag them down below and let’s fire this thing up. So this story is out of iraqnews.com and it says data released by the International Monetary Fund or the IMF showed that Iraq had increased its possession of gold by another 3,079 tons. Thank you everyone for typing in and hitting the thumbs up. In February, this just happened in February, right? Bringing its total gold reserves to 145,661 tons.

This growth reflects Iraq’s ongoing efforts to diversify its foreign reserves and improve long term financial and monetary stability. Gold is a traditional safe haven for investors, particularly during times of economic and geopolitical instability. Iraq’s decision comes at a time when gold is becoming more expensive globally. In April, the price of an ounce of gold exceeded 2,400. This is the highest level recorded in history. Gold to scam, right? In its latest report issued in April, the World Gold Council revealed that Iraq maintained its position as the 30th. Now, think of this, please. The 30th largest gold holding country out of 100 countries as its gold possessions remained 142.6 tons, representing 8.4% of the rest of its other reserves.

Okay, so it’s gold reserves are rising. It’s the 30th largest out of 100 countries. And can you guys do me a favor? Type how many countries are in the world right now and put it in the comment section because there’s more than 100. And when you see that number and you consider you’re like, okay, the 100 countries that they’re talking about are the ones they follow because they actually have gold, right? Now, think about this. We’re sitting here. We have over 200 countries in the world, right? We’ve got 382, got all kinds of numbers out there.

But if you think about it, that’s a massive amount considering the size of the economy, the size of the country. We went into Iraq for one reason and one reason only, was because Saddam Hussein had said, I’ve had enough and I want to diversify the dollar and I will accept euros now for oil. Now, you have to remember that at that time, the euro was a brand new currency. Matter of fact, it’s like pretty much the newest currency in the country, world. When that happened, we went and we bombed them back a century, just like we did with other countries that were doing the same thing.

If you remember Libya, Libya wanted oil for gold. Now, we have lost that edge. Our government is no longer doing that. As a matter of fact, our government, I believe, is completely sold out to globalists. Globalists that want to turn this into a one world currency, just one world government, just like at the end of the Bible. And so what you’re seeing is you’re seeing Western powers trying to turn us into a one world economy and currency and then you see a few rogue nations are going, screw you, we’re not going to do this. So, we know that we are in very interesting times and to make big money, you have to make very interesting decisions.

Decisions that are not mainstream. Everyone that became wealthy in this world did it two ways. They did it in something that was new, a technology somehow is new, whether it be the railroad, the printing press, anything like that, internet. And they did it before anyone else. They moved in before the masses. The masses only get the top one third of the gains and then they also are the bag holders as it collapses. This happens all throughout history, every seven to ten years, every fifty to a hundred, you got your mini corrections, your recessions, then you’ve got your depressions.

So, going back, if you think about it, the reason why they are buying this gold, the Iraqi government is buying more gold, their central bank, is because they want to compete on the world stage, the new world stage, which is the BRICS nations. And the BRICS are planning on, they are already planning on a goldback currency and all that stuff, and it won’t be for the masses, it will be more for trading. But countries like Iraq now, we need to bolster our gold reserves because we’re in the midst of, we’re in the middle of revaluing our currency versus the US dollar.

And we want to add more value for that currency versus these other BRICS nations by our gold investments. You know, if you could imagine right now, when you go to buy a car, or get a credit card, or get a home loan, your rate is completely, and the amount that you will be forced to put down, either zero or 20% or even 25% on homes, it is 100% based on your credit. Sure, everybody needs to have a job and be able to proof of payment, we get that, that’s standard. But the variable, the one variable, is your credit.

Well, right now, around the world, central banks and governments understand that their credit is based off of their reserves, how much they have in reserves. And the highest reserve, if you look at, was it Basel III requirements that both put gold up as a tier one asset for banks? Gold is now a tier one asset, it is the gold standard, it is back to the gold standard. See, the government, the US government came out and attacked the gold standard a long time ago, not only destroying it back in the 30s, but then also completely walking away from the gold window, and shutting it for redemptions in the 70s.

Not only that, they turned around and they said to the banks, hey, we don’t value gold, we value gold so little that it’s more important for you to hold US dollars and US treasuries in reserves, and we will give you a higher credit score. These are the US banks. Gold is tier two. They wanted to put in our minds, your mind, your family’s minds, your friends’ minds, the thought that gold is ancient, and they’ve got mouthpieces out there like Dave Ramsey telling you the same thing. I wonder if Dave Ramsey owns any gold. I guess that’s another topic for another video.

So, my point being is that if you see the writing on the wall with this Dinar, you’ll understand where it’s going, because the central banks aren’t buying gold for just any, for no particular reason. They have a serious reason, and they are actually revaluing their currency little by little, regardless of what the markets tell you that Dinar is worth. Now, and I’m not telling you to go out and buy it, and oh, here’s another thing, people are asking where to buy it. I bought mine on eBay. I know that sounds crazy. Type 5 if you use eBay to buy your Dinar.

And I don’t suggest doing it, honestly, because I bought it so long ago, and there’s so many scams out there. But, you know, like I told you, when I went into the bank, no banks allow you to purchase Dinar, even though it’s the only currency since, what, 2001, 2002 that has gone up that much versus the US dollar. There’s no other currency I know of that’s done that. Let me know down below. I could be totally wrong, but you’ve got to research this stuff. But there are authorized sellers of currency that actually sell Dinar, and they are actually licensed by the US government and the Treasury.

So you have to go make sure that they’re a licensed dealer of currency. And on eBay, ironically, they’re selling it on eBay. But you have to make sure it’s a power seller, that they are licensed, they are verified, all that kind of stuff. You have to do your own due diligence in this, right? People get taken all the time. But like I said, this is my smallest investment I’ve ever made. And I did it because of that crazy dream I had, and all that crazy stuff happened. I just bought it, and I set it aside, and I said, all right, God, if this is meant to be, you know, it’ll happen.

And I’m not going to stress about it. The other things like gold and Bitcoin and silver and real estate, you know, I’m just like grabbing as much as I can, not real estate right now. But you get my drift. I hope you guys have a great day. I hope you got something out of this. Thank you so much for all your support. I’ve got the link to the newsletter if you want to check it out. And it pops out the videos and a brief summary of everything that’s going on that day, so that you don’t have to go through a bunch of videos.

I hope you have an awesome day. The Economic Ninja is out. [tr:trw].

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