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Update on Iraqi Dinar and Prophecy

Jan 08, 2011

Rumors have always abounded, and up to this point they have all been wrong. So the odds of any rumor being credible are slim to none. However, having included that disclaimer, let me say that current rumors are that the FOREX currency exchange has now listed the dinar at an exchange rate of $5.27 per dinar, and that it can be cashed out on Monday or Tuesday.

Other reports say that the above rate calculates a generous "spread" of profit for the bank, and that the actual exchange rate without the spread is over $6.00.

I have no way of telling how reliable these reports are, other than what is claimed. It is claimed that this report comes from a Canadian Senior Bank Official at the FOREX itself who has revealed it to one of his contacts.

I myself have no such personal contacts in the banking community. And every past rumor (that was proven wrong) also came from so-called impeccable sources in the banking community in America or Iraq. Perhaps since the above contact is Canadian, he may be more reliable!

Another rumor reports that the rate is set at .0216 dinars per dollar, which works out to about $4.63 per dinar, if my long-forgotten math skills are correct. I find this of interest, because the number 216 is a number that Ron has talked about many times in relation to Joshua, Jericho, and the moon, whose diameter is 2160 miles.

What's Really Behind this Dinar Revaluation?

The Babylonian system intends to use this to infuse a huge amount of cash into its near-collapsed banking system. Essentially, they are monetizing Iraq's natural resources--that is, they are printing up debt notes (money) to sell their oil and natural gas that is yet in the ground.

I believe that this was the plan of the bankers and oil companies from the beginning. Trick Saddam Hussein into attacking Kuwait so that there was an excuse to put Iraq under UN Sanctions. Then there would be a two-pronged attack on Iraq: the first by militarily taking over the country, and the second by financially taking over the country's natural assets (oil and gas).

The military phase is finished, for all practical purposes. Once "stability" is established, then phase two can occur. The Fed has reportedly bought about $7 Trillion dinar at low, low prices--probably no more than $2-3 billion in all, and when it revalues, the Fed has incentive to push for a high rate of exchange in order to increase its profit.

Secondly, apparently, the Fed has "agreed" not to dump dinars on Iraq all at once, but to use them to purchase oil at a predetermined low rate of about $40 per barrel. With the price of oil now about $90 per barrel, this means that the Fed's dinars--whatever the revalued rate turns out to be--will be worth double to them than to us in actual purchasing power.

If the revaluation comes in at, say, $5/dinar, then the Fed's $7 Trillion dinars would be worth $35 Trillion in the purchase of Iraqi oil and gas. And they will get to purchase Iraq's natural resources at a low, low rate, essentially doubling the purchase power of their dinars to the equivalent of $70 Trillion or more.

Hence, for a mere 2-3 billion dollars, the Fed has mortgaged Iraq's entire wealth in the ground for the next century. The cost of securing these resources militarily cost them nothing, because the US Treasury paid the troops to do their work for them. The US Treasury paid for it by borrowing more money from the Fed, which was created out of nothing and loaned to the US Government at interest.

I deplore this plot against Iraq, but I understand that certain men have been doing such things for a long time, and America too is a victim of the same kind of takeover by monetary manipulation. Such is the nature of the beast of Babylon.

Some may ask, then, why we should participate in the plot by buying dinars. First, American "little guys" have only purchased about $1.6 Trillion dinars. Most other nations (if not all) have laws prohibiting the sale of dinars within their countries. The Fed has succeeded in limiting these sales to Americans, not because they like us so much, but because when we cash in the revalued dinars at the bank, the dinars make their way to the coffers of the Fed! The Fed pays the banks for the dinars, but these dinars are worth twice as much to the Fed in purchasing Iraqi oil and gas.

So the Fed is using us to enhance its balance sheet.

So much for the plans of mice and men. The real question is: What is the Divine Plan in all of this?

When we look at the prophetic history of Babylon and see Iraq as a type of Babylon, the plan unfolds perfectly. When the kings of the East conquered Babylon in the days of Daniel, they first diverted the Euphrates River and then walked into the city on the dry river bed. They killed the king (Belshazzar), and the city fell to them intact.

The drying up of the Euphrates is mentioned in Isaiah 44 as well as in Revelation 16, where it is pictured as part of the prophetic sequence of events. The Euphrates is the life blood of Babylon, and it prophetically represents the life blood of modern Mystery Babylon. That life blood is MONEY. It is cash flow, liquidity, the river current (currency).

When the dinar revalues, it is prophetic of the diversion of the Euphrates before the fall of Babylon--i.e., the "type" of Babylon, which is Iraq today. We will have a short time in which to cash in dinars before the city falls. I do not suggest holding on to dinars while awaiting an increase in their value. Let the Fed do that, because their greed will be their downfall.

Iraq's Prime Minister is Mr. Maliki. The Hebrew word for "king" is Melek. It appears to me that Maliki is prophetically representing the "king of Babylon," or Belshazzar of old. It appears to me that Mr. Maliki will be overthrown, more likely killed (assassinated), and that this will enflame the entire country in a civil war. The nation will split into three parts, as Revelation 16 indicates.

Iraq is already politically and religiously divided into three parts, and it takes a lot of glue to hold them together. I believe that an assassination would split the nation into three parts along those natural fault lines. When this happens, none of those three pieces will honor the present dinar but will begin printing their own currencies.

The Fed will then be caught with close to $9 Trillion "confederate" dinars that are worthless pieces of paper. That, I believe, will cause the final collapse of Mystery Babylon in the bigger picture. In other words, the "type" (Iraq) will be a regional picture of a much bigger collapse of the entire Babylonian worldwide system.

This is my opinion and understanding of the prophecies in Scripture. As always, I may be wrong, but this is how I see it working out. The great conspiracy of the Fed against Iraq will backfire because they do not know that God is running a counter-conspiracy to catch them in their own trap.

I believe that God is going to use this situation to help fund the Kingdom. There will be a short window of opportunity that may only last a few months or a year. So if you find yourselves with dinar that are worth something, do not hold on to it for too long. Use it to build the Kingdom and to prepare for the overthrow of "that great City." Use the money to buy things of real value that will be useful in the times ahead, so that you will be part of the solution, rather than part of the problem.

Disclaimer: The opinions expressed in this blog are not necessarily the opinions of God or His angelic staff.

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Category: Iraqi Dinar
Blog Author: Dr. Stephen Jones