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Showing content with the highest reputation on 03/25/2011 in all areas

  1. 9:20 AM [Nighthk11] Good day all- In 2003 when they first introduced the NID- it was introduced with a specific plan in thought- we saw 25,000- 10,000-5000- and 1000 denoms- this was to be phased out for lower denoms when they were ready to begin the RV process- it is a process- we are now seeing the withdrawal of those bills in lieu of 1000-500-250 denoms-It does not take two months to select a minister- so the hold-up is deliberate- now if this is because of Maliki trying to hold onto power or they have done this because they do not have all items in place to RV is the question- I believe it is the latter- but the stall is deliberate-actions are also indicated as moving to a point in time for this to close- 9:22 AM [Nighthk11] But make no mistake- this is a process- It is up to the reader to filter thru all the news and rumors to decipher what the truth of the matter is- Everyone is tired and frustrated because of the wait- yet the train keeps moving- If you are one of those who believe that Iraq will be allowed to just slide by without making their currency international look again- at some point it must happen- Today- we are closer to that goal than at any time before 9:24 AM [Nighthk11] Now for sure something is ongoing inside Iraq with the currency- political movements and people- You cannot contain the volatile attitude of 30 million people with just words when they have been suffering thru wars and devastation for so long without something in hand to quell this anger 9:25 AM [Nighthk11] The presence of so many high profile professionals should be enough to let all know that the mantle of direction has been changed to get the necessary items in place to make this happen- this is being done now 9:27 AM [Nighthk11] It will end with all items necessary for inclusion back into the world body done and Iraq with it’s sovereignty 9:29 AM [Nighthk11] People will continue to bash show bad manners complain and do all sorts of things because the “Messengers” got it wrong and brought the wrong info to the sites- Truth is no one but the power know the rate and date they will act- we as investors are left with reading the tea leaves and trying to guess when this will happen- I can tell you we are very very close 9:30 AM [Nighthk11] Everything that I have read and seen regarding the current actions tells me that- They have a date or window and have been setting things in place to reach that point 9:31 AM [03goldwing] You said it Nighthk11……at some point it must happen……i agree 100%…..but we will not know before that…period. Great job by the way i love reading your chats 9:31 AM [Nighthk11] The back and forth with the so called security ministers should be a telling sign that they are not going to release the names until everything else is in place 9:33 AM [Nighthk11] They must settle all accounts with Kuwait to both the satisfaction of the Kuwaiti’s and the UNSC- once done- the issues are over- everything else is done- 9:34 AM [Nighthk11] there are so many benchmarks that they must comply with and so much time wasted in their quest for power inside Iraq that has thrown off the time table- it is now back on track and moving very fast to closure 9:36 AM [Nighthk11] indications are at this point IMO we are in the final window of action to bring this out- inflation continues to rise because of their intransigence- shabs was still waiting on parliament to pass laws to regulate banking- attention to the private sector- oil laws- distribution of funds for reconstruction- teeth from the fed court to protect banks and investors- etc - many many issues that the GOI was dragging their feet on 9:37 AM [itsme] everything else is done supposedly, but more things can still come up, we didn’t think we had to wait on all these things to get done last year or the year before 9:37 AM [Nighthk11] It is all ending now with the professionals taking charge- so there is really nothing to do or worry about except wait and watch this final piece put in and play out 9:38 AM [itsme] so how do we know that Iraq isn’t waiting on other things before they rv 9:38 AM [*******] How long for this final piece? 9:39 AM [Nighthk11] We don’t know- only the powers know-but what we can gauge is the fact that issues are being addressed to make this country part of the 21st century and that the pace has quickened to a point where this is now a very believable prospect of happening 9:41 AM [itsme] it’s nice to get info about what’s going on and i thank and appreciate everyone that brings it, but that just says what’s taking place at the moment, nobody knows what they have in mind to do next 9:42 AM [raviconn] thanks for your insite Night 9:42 AM [masterkim] IMO, since we are discovering the process as we go without a real road map to the destination, it looks like we are continuing to find new things that need done. But since we don’t have the map we don’t really see the upcoming mileposts very clearly. Hence the appearance of continued delays. 9:42 AM [Nighthk11] If you have been watching closely- they are inserting the final pieces now- Issuance of visa cards to all the people- backed by the RBS Royal Bank Of Scotland- loaded with oil stipends that are an excess to their budget serves the purpose of giving them monies on a monthly basis- it also gives them an international reach when activated and fulfills the requirement for an international currency 9:43 AM [itsme] yes everything looks like it’s moving faster, but we really don’t know when the “end” of this ride will be 9:43 AM [sFCDiaz] Nighthk11 can you bullet the items that need to be done that way i can look for it in the media if it is not to mush to ask 9:45 AM [Nighthk11] Yes they have told us the end- YOU CANNOT JOIN WITH TRADING PARTNERS FROM 200 NATIONS WITHOUT THOSE NATIONS BEING ABLE TO TAKE PROFIT OUT- NO ONE WILL INVEST INSIDE YOUR COUNTRY SPENDING MILLIONS OF DOLLARS OF THEIR MONEY WITHOUT BEING ABLE TO TAKE A PROFIT OUT THAT THEY CAN EXCHANGE TO WHATEVER CURRENCY THEY WISH 9:46 AM [Nighthk11] FOR YOU TO BE ABLE TO BECOME A MEMBER OF THIS GROUP- YOU MUST ADHERE TO THE SAME RULES THAT APPLY TO ALL NATIONS 9:47 AM [itsme] my point is and please don’t get upset with me, I’m only stating my opinion……. what we think and what iraq thinks are totally two different things! 9:47 AM [Nighthk11] ONE CANNOT EAT OIL- THEREFORE IRAQ MUST HAVE A PRODUCT OTHER THAN OIL THAT IS NEEDED FOR TRADE- SUPPLY AND DEMAND 9:47 AM [03goldwing] exactly itsme 9:50 AM [Nighthk11] If you look closely Iraq is no longer driving the economical train- the IMF-WB-WTO are- that is why they are and have been there on the ground- that is why we are seeing laws being passed in investment- banking- protection of investors- HCL to set contracts and get payments- movement to a free market economy- all things Iraq was told to do 2 years ago- now we are seeing them done at a record pace- this means no more time and control has shifted to those in the know who can get this done 9:51 AM [03goldwing] everyone on here loves the info we get and from all the great folks we have here that bring it on a daily basis…..but we also like to discuss the fact that nothing has panned out at all….for years now….. 9:52 AM [Nighthk11] As we approach the end of the first quarter of 2011- I believe we will see what we have been waiting for- that is an international currency- lower denoms will not be seen until the actual RV as they will serve no purpose until then- but they are there in the banks and ready 9:54 AM [Nighthk11] Nothing has panned out 03 because we let Iraq take the lead- they bickered and fought for power and still are- given a deadline because of world events that are now heightened by disaster- it becomes more imperative to re-set the economies of the world to establish stabilization 9:57 AM [Nighthk11] The only issue I see here is the length of time it has taken them to get to this point and for the world powers to step in directly to end this mess- we can berate the iraqi’s all we want- but the powers are to blame also for not planning to have everything in place before they walked out and left the Iraqi’s on their own to finish a plan that was not their making 9:58 AM [*******] so night you feel we are on track for end of March based on what you are seeing? 9:58 AM [Nighthk11] So many mistakes were made- but that was yhesterday- look now at what is happening- it is a movement to bring closure to these issues in a very timely manner- there is truly no more time 9:58 AM [RHoover] I hope Night dosn’t take this wrong and stop coming in to chat with us. I so appreciate all the history as well as current stuff he brings to the site. I think we are getting close if for no other reason than time alone brings us closer. LOL. We have to be close in looking at the facts. 9:59 AM [Nighthk11] Yes I feel that the end of the first quarter of 2011 will see the end of this wait 9:59 AM [03goldwing] I think it is healthy to let folks talk about those things too. 10:00 AM [JRCivic] goldwing, I think many are really at the end of their wits with this investment at this point… and some take comments that disagree with a positive direction as “negative”. 10:00 AM [chloe] I VISIT A NUMBER OF SITES AND SEE WHAT THE “NEGATIVE” ONES DO. 10:01 AM [Nighthk11] nothing is negative unless one chooses to take it so- but all opinions should be respected 10:02 AM [Nighthk11] none of us have the answer- we are left to read and figure bits and pieces of information to a plan as MK stated that we are not privy to- but for sure come hell or high water- this will end- the true question is when- I think we are close to seeing that now 10:04 AM [Nighthk11] Politicians are professional liars by trade- that is why I say watch what they do- for a man is defined by his acts- by his deeds shall he be known- (Apostle Paul) very defining and very very true- these movements indicate to me closure of their plan and endgame 10:04 AM [KO15] Night, do you feel the powers that are directing this show will see it through this time? 10:07 AM [*******] Here is what I do know, reading the posts get me nowhere anymore because I am jaded !! That is why I enjoy night’s chats!! 10:07 AM [nothinmissin] I am very optimistic with this investment, but also recognize that this “could” go on a bit longer- cause we really don’t know. I am so grateful for all the info we get on this site! 10:09 AM [Nighthk11] OK moving on here folks we have made a large jump in info that we do know is somewhat factual- the visa cards are huge- the arrival of new lower denoms for kurdistan is huge- Iraqi TV expose’s are huge- laws regulating banking and investment- electronic clearing- the list goes on- but all are needed for inclusion into the world stage 10:09 AM [masterkim] Nighthk11 ty 10:12 AM [*******] night, if you are still here, How do you know what to believe out of the articles? 10:12 AM [Nighthk11] I agree with Breitling concerning the end of the first quarter which is March 31st- if not by then then shortly afterward they should be ready- the telling sign for me is acceptance into the wto- to ask the US for help and not be ready with a trade able currency defeats the purpose of joining because no one is going to trade with you when your currency is only good inside your country just does not make sense 10:13 AM [Nighthk11] *******- It is a matter of watching what they are doing and putting those items into perspective within the content of what is needed for them to re-join the world community as a fair trading partner 10:14 AM [*******] Thank you!! 10:15 AM [KO15] Hope the powers that be don’t leave too much up to the Iraqis this time around 10:15 AM [Nighthk11] The brilliance of this is by having an international visa for all the people- they are able to directly load set amounts onto those cards and give an international reach to all Iraqis this must come with an established international currency- it will also negate the need for large amounts of currency that will eventually wear out and have to be replaced 10:16 AM [Nighthk11] The powers by their presence on the ground and in all aspects of Iraqi life have taken control- they want this done because of it’s importance to the world economy- 10:18 AM [Nighthk11] Everything that we are seeing now by way of actions indicate that we are at the end and the final piece will be revaluation on an international level- WTO= trade able currency- Visa = international currency- electronic clearing- investment- PPP- all indicate it is time for the new dinar to be re-introduced to the world 10:20 AM [Nighthk11] New SDR’s from IMF on 1 April- so this is ending and it will come very very quick- I think it will be an abrupt end- 10:21 AM [Nighthk11] As always- thank all of you for allowing me to comment- keep uplifting each other and supporting each other as we approach the end of this long ride- thank you all again and stay well BBL
    16 points
  2. MikeRite, I had an hour long conversation with the people over at USDinarBank.com when I first heard about this investment. Personally, I would have liked to have an account at Warka with my Dinar over there and so that is why I liked their set up initially. I kept asking questions and that is one of the things I was told by them, that if they do RV it will be "illegal" to have Dinar outside of Iraq. Not only that but it will be seized should you try and bring it in. Etc. Etc. As I kept talking to them they basically were very pushy to try and get the sale and emailed me the form for me to fill out within seconds and sent two more follow-up emails to ask if I had completed the form. I did a second call with them once I started reading a bit more about the Dinar. I asked them what their fees are and this is what I found out: Warka Bank in Baghdad pays a 2% monthly/annual (can't remember) rate on the money in the account, which is the same % USDinarBank charges for "managing" the funds, so that is a wash. Now, your funds no longer are "your" funds, they are put under the account belonging to USDinarBank and they can do with them as they see fit. Now for the big one... if you want to take out your money, pre or post RV it is a 20% fee!! So lets play pretend: You have 10 million IQD and it RV's at a 1 for 1 rate. That means when you go to withdraw from the "fund" you pay 2 MILLION to USDinarBank.com for them "managing" your money. As far as I'm aware the bloody money is just sitting in account, probably collecting more than the alleged 2%, so I don't know how it is being "managed". All this company has done is open up a bloody account in Iraq and try and get individual investors, such as us, to help with the fund. Their big money comes from the RV, whether it is for 300% or for 100,000% that company makes a large profit off of YOUR money. They have written these things to use them as scare tatics so that you will not go through other Dinar Traders but will chose them. They are very unscrupulous in their methods and are absolutely barren of any type of professionalism. After my few dealings with them and my own research, I would not give any weight to what those people say due to their absolute willingness to lie to get people to sign on with them, and basically to steal your money.
    12 points
  3. Posted Today, 10:13 AM Good morning to the entire PD family, I want to share a couple of things with you this morning as we move into the final stages of this extraordinary historic event. First I will share the robust intel we just received two hours ago. We’ve been told from our top source in Iraq that the ministers will be seated by tomorrow (Saturday night) our time. Our source is not sure when they will announce that the gov’t has been fully seated, but he has indicated the RV will be announced before March 31. Even if the RV takes place sooner, do not be surprised if we are not able to cash-in until Monday April 4th as they normally start the cycle on the 1st of the month, as many of you have heard this before. I have received many emails how so many of you are hurting financially (OUR PRAYERS GO OUT TO EACH ONE OF YOU) and know this will be the shot in the arm we’ve been waiting for, so now is the time to get prepared. Please contact who you will be using to form your LLC’s in order to be fully prepared for the RV cash-in process. Enjoy your weekend! Pray for the Iraqi people and our troops! Donnie
    11 points
  4. Tropics, read this please.....This person did not twist your arm and make you read this post. He did not stick this in front of your eyes to read. You, yes you chose to read it just so you could reply your little snide remark.In case you haven't noticed there are alot of christian post and replys on here and if you are offended by this then i believe you should move on to another site.
    8 points
  5. well einstein, when do you think it will happen? you seem to know so dam much
    8 points
  6. Decided to to a quick peek in. I see the pumpers are posting rumors ....HARD !!! To all the new members to this Investment, PLEASE don't fall for these " quote, un-quote rumors" Certain people care nothing about you or your financial situation. To them it's all about the money..... YOURS !!! Please read lots, and do not be afraid to ask questions. Some pumpers are just plain evil, and us long term people know who they are. Do believe in this Investment, as it will come to fruitation, just no one, and I mean no one knows when, except a few select Iraqis. Never spend more then you can afford to lose..... Keep your cash in your Jeans...just saying. OK pumpers, bash away !!!! pokerplayer
    7 points
  7. To the serious investors here; What is going on here? I only joined the forum in early Feb, but I started coming to this site a couple of years ago. I would come here and just read. A lot of my research was brought on by links and ideas posted here. It got to the point that I felt like I knew many of you personally. I felt that of all the sites that I went to, this one was by far the best. The people were more knowledgeable; the general atmosphere was one of civility and kinship, and for the most part people showed respect to each other. These were the reasons I chose to join this forum. Now all of a sudden there seems to be a flood of people on here that have no purpose in life other than to sow seeds of discord. They bash everyone else on the forum. They start threads intentionally that they know will cause controversy. I don’t even believe many of them are investors. I have started looking at them as nothing more than pranksters and troublemakers. I guess it is my because of my upbringing, but I do not understand the mindset of someone who hides behind his or her computer screen and disrespects other people this way. It is not only cowardly and childish, but shows a definite lack of character. I thank God that I was raised in a home where great emphases was placed on conduct. I am not and have never been one who goes out of his way to avoid conflict. But as a matter of personal pride, I would have the courage to do my business face to face. As a country boy, I have a different definition of bashing than what is used here. I would love nothing more than to meet with some of them and give them a class in the finer points of southern etiquette. If any wish to put this to the test, let me know and I will be more than happy to meet with you. Roadrunner
    7 points
  8. The Bureaucrat and the Rancher A Department of Water representative stopped at a ranch and talked with an old rancher. He told the rancher, 'I'm here to inspect your ranch for your water allocation.' The old rancher said, 'Okay, but don't go in that field over there.' The Water representative said, 'Mister, I have the authority of the Federal Government with me. See this card? The card means I am allowed to go WHEREVER I WISH on any agricultural land. No questions asked. Have I made myself clear? Do you understand?' The old rancher nodded politely and went about his chores. Later, the old rancher heard loud screams and saw the Water Rep running for the fence..... and closing fast behind was the rancher's bull. The bull was gaining on the Water Rep with every step. The Rep was clearly terrified...... so the old rancher immediately threw down his tools, ran to the fence and shouted out..... 'Your card!! Your card!! Show him your card!!!'
    7 points
  9. couldn't quite make out the last word
    6 points
  10. Subject: Shopping at Bass Pro Shops > > > > > A woman goes into Bass Pro Shop to buy a rod > and reel for her grandson's birthday. She doesn't > know which one to get so she just grabs one and goes > over to the counter. > A Bass Pro Shop associate is standing there > wearing dark shades. She says, "Excuse me, sir. Can > you tell me anything about this rod and reel?" > > > He says, "Ma'am, I'm completely blind; but if > you'll drop it on the counter, I can tell you > everything from the sound it makes." She doesn't > believe him but drops it on the counter anyway. > > > He says, "That's a six-foot Shakespeare > graphite rod with a Zebco 404 reel and 10-LB Test > line. It's a good all around combination; and it's > on sale this week for only $20.00." > She says, "It's amazing that you can tell all > that just by the sound of it dropping on the > counter. I'll take it!" As she opens her purse, her > credit card drops on the floor. > > "Oh, that sounds like a Master Card," he says. > > She bends down to pick it up and accidentally > breaks wind. At first she is really embarrassed, but > then realizes there is no way the blind clerk could > tell it was she, who tooted. Being blind, he > wouldn't know that she was the only person around. > The man rings up the sale and says, "That'll > be $34.50 please." > > > The woman is totally confused by this and > asks, "Didn't you tell me the rod and reel were on > sale for $20.00? How did you get $34.50?" > > He replies, "Yes, Ma'am. The rod and reel is > $20.00, but the Duck Call is $11.00 and the Catfish > Bait is $3.50."
    6 points
  11. I FOUND THIS POST FROM ANOTHER SITE!!!!!! GREAT READ!!!!! (Full Article is Copied Below......If you wish, Link is http://groovgalsblog...ues-of-the-iqd/ ) As for the concern of at what amount Iraq will exchange at… I want to say that when I express my theories on rates it is done so with not a mere whim to expel what I’ve heard. I truly enjoy studying economics for fun and I’ve run over the various theories over rates several times in an attempt to prove my own theory in correct, however each time I find further evidence to conclude and even concrete my theory that a higher rate than that of a 1/1 trade is probable and sustainable without extreme risk to Iraq’s economy or its assets. While I have been continuously told that the rate will be in the $3+ range by my very near and dear friend who I trust tremendously; I’ve still taken it upon myself to prove that it is possible. Throughout my studies I created the opinion that I cannot see Iraq emerging into the free exchange market with a currency valued less than approximately $2.80 IQD to every 1 USD. Yet, I feel to even out trade imbalances and to create a healthy relationship with other Arab nations and oil producing nations, I feel that it would be in Iraq’s best interest to emerge at a rate closer to $3.00 or above, yet not as high as that of the KWD. The rate of 1/1 ratio would be an undervalued currency for the region. The rate itself undermines the value of Iraq’s assets even as we speak. If you consider Iraq’s neighbors they are well above the 1/1 rate as well, due to their vast reserves of oil and / or other reserves or GDP. Iraq is on a growth pattern similar to that of Superman being “faster than a speeding bullet.” Iraq in itself has out grown the rate of 1/1 with their 12 – 16 million barrels of oil produced daily, coupled with increasing growth in private sector even though it is extremely held back do to the foreign investor laws having not been passed yet, and the still lower rate of unemployment. It is obvious that since October of last year, Iraq is eagerly pursuing the release of Chapter 7. The Chapter holds vast amount of riches in gold, real estate, foreign assets etc… The full and conclusive amount of those assets can only be assumed and/or approximated, however it is easy to see that they are well into the billions in value. With the above having been laid out in a sort of short hand way, I believe that a rate of any less than even $2 would be a shift/upset with the balance of trade and commerce. It would undermine the intelligence of the global community and more importantly, Iraq’s neighbors. And, Iraq most certainly will have more than enough in foreign reserves as well as assets to defend a rate of 3+… The only disadvantage Iraq truly has is within the mindset of the Iraqi society and the rest is merely hanging in the foreground waiting on them to catch up. If you’re one who is looking for information that will lead you to some sort of conclusion in the midst of confusion with how this is all unfolding I suggest you begin to study other war torn nations or similar nations with their history of economic policies or methods. One nation you might wish to look into would be that of Europe. You’ll see that they have valued their currency several times and you’ll also find information on the reason and/or method’s of thinking behind their revaluations. I know that many of you are somewhat stumped to my interest in the Queen and the Pope’s recent actions but again, I will say that it has everything to do with history and little to do with heresy. If we’re wishing to learn more about monetary policy we must consider history as well as patterns. We all have minds that create thoughts in many different ways. Some of us have analytical minds and we enjoy tearing theories or hypothesizes apart in order to gain greater understanding, while other’s have more artistic minds who need a situation or theory painted for them as a picture to be summarized for better understanding. I will attempt to help both sorts of minds to understand some of my foundational philosophy on rates and global powers… We’ll see how well I do, eh? If we take a look at the Bretton Woods agreement of 1944 we will have a greater understanding of it’s appointment and it’s role into today’s situation. In 1944, representatives of 44 countries, which included the Soviet Union, met in New Hampshire and chose to create the IMF and the IBRD (International Bank for Reconstruction and Development also known as the World Bank). This was in existence until the 1970’s when they realized that the system they created, which were based upon Fixed Rates, were collapsing. In 1971, they restructured the system and replaced it with the system of Floating Exchange Rates. The United States was the country to develop the entire system we are speaking of. If we compare dates of the birth of the IMF and IBRD/WB to other United States monetary movements we will discover even more about the purpose of these organizations. Why were these branches of the UN developed? Well, lets take a ride through history, shall we? The history of convertible de facto gold standard was first adopted by England in 1717. However, it wasn’t until the year 1900 when the United States Congress passed the Gold Standard Act. If anyone hurriedly researches the “Gold Standard,” they will think that it was Nixon who abandoned the foundation of the USD, but this is one half of the answer. The first steps were taken in 1933, by President Franklin Roosevelt when he ended our right to “surrender paper dollars for the gold and even to own gold bullion,” by nationalizing gold. President Richard Nixon administered the second step in 1971, when he completely abandoned the gold standard. Now, you will see above that the restructuring of the IMF/WB began in 1971 and we also had Pres. Nixon abandoning the Gold Standard that very same year. Many of you are wondering at this moment what any of this has to do with where we are today and it’s relation with the value of the Iraqi Dinar. It very much has to do with the current economic environment as well as the future value of the IQD. The Bretton Woods Conference was the beginning to basket currencies. Foreign countries that were invested in the value of USD because it could be converted into gold found themselves holding paper and nothing else as of 1944. The entire makeup of the global financial system changed overnight and is still in effect. Today, we now have a modern World Banking system that is only modern by face value but very much entangled by its history. The World Bank controls the world’s debt in conjunction with the IMF. We have all invested in a country that has filed for Chapter 7 Bankruptcy and we are witnessing history as we speak, but how is this going to play out? How does all these piece’s to the puzzle fit to create a clearer picture? We all here rumor’s everyday that lead us to believe things that defy our foundation of logic. We deeply know that some of the rumors defy logic but some of us accept them readily without further consideration. Why is this? The recent mention of lower rates such as 1/1 ratio’s or lower defy my foundation of economic logic as well as economic policies. This rate defies the rules set forth by the UN under the IMF rules outlined under Schedule C discussing Par Values. The definition of Par Value is the nominal dollar amount present between the currency of two countries, which is based off of the current official exchange rate. As the exchange rate is adjusted upwards and downwards, the par value of currency ratio will rise and fall in accordance. According to Schedule C of the IMF it states, “6. A member shall not propose a change in the par value of its currency except to correct, or prevent the emergence of, a fundamental disequilibrium. A change may be made only on the proposal of the member and only after consultation with the Fund.” “…A proposed change in par value shall not take effect for the purposes of this Agreement if the Fund objects to it. If a member changes the par value of its currency despite the objection of the Fund, the member shall be subject to Article XXVI, Section 2. Maintenance of an unrealistic par value by a member shall be discouraged by the Fund.” So what do that consider “unrealistic?” It further states, 5. Each member that has a par value for its currency undertakes to apply appropriate measures consistent with this Agreement in order to ensure that the maximum and the minimum rates for spot exchange transactions taking place within its territories between its currency and the currencies of other members maintaining par values shall not differ from parity by more than four and one-half percent or by such other margin or margins as the Fund may adopt by an eighty-five percent majority of the total voting power. Now, the idea of a rate ration of 1/1 or lower would defy the above rules and would prove to be “unrealistic” by the IMF and is much lower than -4.5% further proving to be the definition of a fundamental disequilibrium. Throughout this time (mainly within the last 12 months), we’ve heard various “prominent members” throughout the web community quote their speculative theories on the emerging currency rate of the IQD. Some of these “prominent members” admit that their theory it is mere speculation, while others maintain that it is fact. Nevertheless, the remaining member’s of the investment community sit by the sidelines eagerly listening to proposed rates and are left feeling confused. Needless to say, we as a web community of investor’s who are seeking the same outcome have created our own man-made philosophy. I have strong opinions about various man-made philosophies, which many of you are keenly aware of. The theory of the rate being a mere $1 is going to prove to be a debacle due to the concept of the International Monetary Fund allowing Iraq to emerge back into the global market at $1 defies economic logic and would prove a disaster for the developing country on many levels. I rely on what I have been told by sources with higher understanding and first hand knowledge of the economic models in existence. I’ve been told that the economic model developed for the country of Iraq shows that the plan is to make them as wealthy, if not wealthier than that of Kuwait. So, I’m going to give a brief economic lesson to those of you who are interested. I have said what I’m about to write before, however as new investors join our site the questions arrive daily as to how and why I hold my theories. The below following excerpt is based off of a rumor that was spreading throughout the web in the latter part of 2009, however even though it is based upon an outdated rumored rate of $1.56, you’ll see that it will certainly apply to anything lower as well. Yes, I’ve been told a consistent rate of higher than $3, however below I’m going to explain that based upon my economic foundational theories as to why the concept of the IMF allowing Iraq to emerge at a rate of $1 or anything lower than $2.80 will be enormously detrimental to the economic sustainability of Iraq. Please remember that what I’m about to explain is again based off an old outdated rumor of $1.56 which is not true, yet still is applicable to today as it was last year. T The country of Iraq is currently in the process of building up different sectors within its economy. In the meantime, most of the country is in poverty. No jobs are available to the people of Iraq and unemployment is through the roof. The countries debt far exceeds its annual GDP. Thus, the exchange-rate theory, upon first consideration shows enormous doubt upon the proposed $1.56 conversion rate, in which a Fixed Exchange rate (PEG, as some have mentioned in past days) of $1.56 would contain inflationary pressures which would fundamentally shatter in a sudden balance-of-payments crisis, allowing the currency to rapidly depreciate! Especially considering that currency speculation is a risk they have to monitor and they are going above and beyond to deter attacks by drones of speculator’s. The rate of a $1.56 would obviously prove to be unsustainable. Currency speculation creates objective economic conditions that make the devaluation more likely….So, even a pegged exchange rate that one would assume could sustain indefinitely in the absence of a speculative attack could succumb to adverse markets throwing of the equilibrium! By challenging the macroeconomic fundamental sustainability of Iraq by A) having a fixed rate of $1.56 coupled with currency speculation … would essentially cause Iraq to sell foreign currency reserves (SDR’s) to fix it’s currency exchange rate to private holders (other countries) who can continue holding it to defend the peg. Since we know that Iraq has hardly any if not zero gold reserves as well as limited SDR Allocations then we know that they fall under the Low Reserve dilemma. When this takes place then we know that the limited reserves they currently hold are otherwise in a pre-committed situation rather than free for play, ultimately meaning that currency speculator’s whether private holders or governmental holders can take out the currency peg. If this event were to take place (which it would) then by giving up the pegged rate the government would essentially devalue by 50% or more ($1.56 / 2 = $0.78) thus implying a forced collapse of the exchange rate. We know that their public debt is astronomically high considering the numerous loans that have been provided to them by the IMF, WB, China, US, and Japan…etc… When a country is highly indebted without any reasonable production of their GDP then their debt to income ratio is out of balance, especially when we are dealing with short-term soft loans. Future’s predictors will expect depreciation and the result will drive up local interest rates…, which will then ultimately cause a devaluation of domestic currency debt…. This is the last thing a newly emerging country needs; it would put them in a major crisis before they could even take off! So, in short… The idea of a rate of $1.56 is astronomically defying sane economic logic. The CBI wouldn’t benefit and the country of Iraq would essentially be forced into another Chapter 7. I realize that what I just explained is arguing a PEG theory, however this same argument does apply to rumored lower rates. If a country undervalues its currency they will be forced to sell off reserves to maintain the lower “managed” rate and the same would apply if they over inflate the rate. Even still the bottom line is that the IMF is searching for an equilibrium within currency exchange rates and trade relations, if Iraq doesn’t price their currency appropriately they will be moving against the greater agenda of the IMF and we all know who is in control.
    5 points
  12. NOW THIS IS THE MAN I WILL BE VOTING FOR IN THE NEXT GO AROUND FOR SURE IF HE RUNS I WILL PUT MY NAME IN HIS BAG.... Trump Refuses to Back Down Over Obama's 'Very Strange' Birth Thursday, 24 Mar 2011 06:36 PM By Jim Meyers and Ashley Martella More ways to share... Donald Trump is not backing down from his demand that President Barack Obama produce his birth certificate and stepped up his criticism by questioning why he has not released other personal records, including college transcripts and legislative papers. The billionaire real estate tycoon and star of “The Apprentice” created a stir on Wednesday when he said on “The View” that Obama must release his birth certificate. Now Trump has reiterated his call in an exclusive interview with Newsmax.TV, with this simple message for Obama: Why don’t you produce your birth certificate and put to rest all speculation that you were born outside the United States? He says Obama’s birth certificate controversy is a “strange situation” — there are conflicting reports as to what Honolulu hospital he was born at, and the governor of Hawaii claims he somehow remembers Obama being born 50 years ago. Story continues below. Trump, who says he will soon announce if he will run for president in 2012, also says Libya is a “total mess,” with Iran possibly behind the rebels and waiting to take over the country, and charges that the United States is going to “hell in a hand basket.” “It’s a very simple situation,” Trump says in regard to the birth certificate issue. “I’d just like to see his birth certificate. “I’m hearing all sorts of stories that his own family can’t agree which hospital he was born in and lots of other things, and I’m trying to find out where is the birth certificate. I have a birth certificate. Where is his birth certificate? “If you’re born in this country, to the best of my knowledge people have a birth certificate.” Obama asserts that he was born in Honolulu, but former Pennsylvania Deputy Attorney General Philip Berg has claimed that Obama’s paternal grandmother says she was in the delivery room when he was born in Kenya. There are even differing reports about which Honolulu hospital he may have been born at. During his 2008 presidential campaign numerous reports indicated Obama was born at the Queen's Medical Center. Later, Obama's half sister said he was born at the Katiolani Medical Center. After questions were raised about his birth, Obama's campaign released a Certification of Live Birth. The form is a summary document and does not include the newborn's location of birth. The long-form Birth Certificate includes such data, but Obama has declined to release it. Hawaii Gov. Neil Abercrombie first ordered the state attorney general and health department director to release more information about Obama’s birth there, then abandoned that pursuit. “It is an amazing situation,” Trump says of the governor’s actions. “And later the governor said, but I remember when he was born. I said, what? You actually remember when somebody was born? It sounded very unusual that a Democratic governor would remember when somebody was born 50 years ago. “I assume that Obama was born in the United States. I assume he was probably born in Hawaii. But I have to get rid of the word ‘assume.’ If somebody wants to run for president you have to be born in this country. And when the family argues about which hospital it was because they’re not sure, as has been reported, and you don’t have a birth certificate, it’s sort of a strange situation.” Trump adds: “I don’t want there to be a question. I think it would be wonderful news for everybody, including me, if the birth certificate is found. But at this moment there is no birth certificate. “Some people say it exists, and if it exists, even worse, why isn’t he showing it? So I would like to see a birth certificate, and when the governor and everybody else say they think it exists, why don’t they produce it?” Asked if Obama has fulfilled his campaign pledge to have the most transparent administration, Trump responds: “Certainly he hasn’t in terms of his birth, and I guess a lot of college records and other records haven’t been produced, and that’s a little unusual. Why wouldn’t you produce your records? “There are client lists that haven’t been produced and lobbying lists that haven’t been produced, so there are a lot of things that haven’t been produced for somebody who is supposed to be so transparent. “There’s certainly not a lot of transparency.” Asked about the Obama administration’s handling of the rebellion in Libya, Trump tells Newsmax: “For one thing, if you’re going to save lives on a humanitarian basis you should have started sooner, because many of those lives are gone. “For another thing, you really have to find out who you’re fighting for. Who are the rebels? You have some people who say that Iran is controlling the rebels, that Iran is the happiest of all nations because they think as soon as we leave they’re going to go in with the rebels and take over Libya. “I hear more and more reports that the rebels aren’t the sweetest people on earth either. It looks to me like it’s a total mess.” Polls show Trump among the leaders in the GOP field for the 2012 presidential nomination. Asked if he has decided whether or not to run, Trump says: “I will be announcing one way or another somewhere prior to June. “I hate what’s happening to this country. It’s never been at a point like this, ever. We’re not respected. We’re scoffed at. We’re laughed at by other places. People from China and other places cannot believe they’re getting away with what they’re getting away with. We’re rebuilding China. We’re rebuilding other countries, and our country is going to hell in a hand basket. “One thing I can say, if I ran and if I won, that would stop, and everybody knows it. I think that’s why I do well in the polls.” Read more on Newsmax.com: Trump Refuses to Back Down Over Obama's 'Very Strange' Birth
    5 points
  13. last 2 words; "sincerely, Okie"
    5 points
  14. please be right just this one time!!!!!!
    5 points
  15. الجميع الكوميدي. لا ترك عملك.
    4 points
  16. I didn't get that from his post at all.. Looks like he is lookin gfor opinions based on current news
    4 points
  17. For what its worth, I did read a news article that stated that the the ministries would be voted on this upcoming Sunday (our Saturday). Its somewhere in the news section... We'll see...
    4 points
  18. I'm starting to lose respect for some mods and peeps over there. Why make such "BOLD" statements & predictions when the track record from any speculator has been about 99% wrong. At least, put it into better wording such as "A really good chance", "a great possibility", or "It looks really good for this to happen over the next 2-3 days...." I would of believe it more if it wasn't followed up w/ the statement I'd rather be pessimistic in these times and be proven wrong than be optimistic and feel disappointed. I still remain cautiously optimistic as the days go forward.
    4 points
  19. W hen a young woman starts thinking of falling in love and getting married, many thoughts come to mind as she visualizes the "perfect man, perfect wedding and the perfect life." Like most young girls, I too dreamed of the qualities that my Prince Charming should definitely possess. With those dreams came my vision of an engagement ring, wedding, the little cottage with the picket fence, and of course the pack of children that would greet Dad at the door as he came home from work at a very lucrative job. My family was affected by the draft so I never really paid much attention to any branch of the service other than the Army. In fact, when I saw those USMC recruiters in their dress blues coming in and out of the recruiting station on my corner, I used to think how pompous and stuck up they all looked in those flashy, highly decorated uniforms. Imagine how surprised I was when the man of my dreams was a newly discharged Marine. As we planned for our big day, the time came for us to choose our wedding bands. As tradition would have it, we tried to pick just the right message to have engraved inside, meanwhile the wedding plans continued. Never did my vision of the future, ever include dress blues, base housing, frequent moves, unaccompanied deployments, the miles away from family and friends, sewing on of chevrons, or the long hours spent ironing Uilities or the precision creases in UDs. Yet, as fate had it, that is exactly what my future held for me. I would have bet money on the fact that it never would have happened in my lifetime. Needless to say, when MY Prince Charming put me on his white horse in Buffalo, NY, they didn't stop galloping until I was clear across the country at MCRD San Diego, California, and by then, baby number one was in the saddle too. Being the good Marine Corps wife that I endeavored to be, I came to understand, appreciate, and admire the tradition behind the uniform in spite of my initial negative impression. A big surprise came when I also learned of the Marine Corps motto: Semper Fidelis. With those words, the dawn opened up, and I knew I had heard those words before. Then it came to me, prior to our marriage, when my husband suggested that the Latin form of "always faithful" would be the perfect engraving in our wedding bands, naive little me thought it was sooo romantic, and appropriate. Guess what had been selected as the engraving on those rings of gold? You guessed it, there on my finger, in MY WEDDING BAND, were the words, "Semper Fidelis!!" Today, I wonder just what did that mean? Did the Marine Corps motto signify that my husband was, and always will be faithful to that elite brotherhood? Or, did it signify that he and I would always be faithful to each other? I don't think I will ever truly know the answer to that question, but as I see it, does it really matter? In either situation, NO meaning could be MORE appropriate or more honorable in withstanding the tests of time, and in the development of pride and honor. The Corps has been my life for many years and as such, I laugh about the trusting innocence of a young girl, and I cherish the memories and experiences of the dependent spouse. The only thing I still haven't figured out yet is who I married? Does the inscription mean that I married the prince, or did it mean that I married the United States Marine Corps? You decide. Semper Fi!
    4 points
  20. A father and son went hunting together for the first time. The father said: "Stay here and be very QUIET. I'll be across the field." A few minutes later the father heard a blood curdling scream and ran back to his son. "What's wrong?" the father asked. "I told you to be quiet." The boy, bless his heart, answered; "Look, I was quiet when the snake slithered across my feet. I was quiet when the bear breathed down my neck. I didn't move a muscle when the skunk climbed over my shoulder. I closed my eyes and held my breath when the wasp stung me. I didn't cough when I swallowed the gnat. I didn't cuss or scratch when the poison oak started itching. But when the two squirrels crawled up my pants legs and said, 'Should we eat them here or take them with us?' Well, I guess I just panicked..."
    4 points
  21. Straight up! On April 1st, I don't wanna see any posts saying "YIPPIE, IQD RV'd at $#.##!! CASH OUT TIME!! WHOOHOOO!" Seriously....if you post crap like that on April Fools day....it wont make you look witty or cool and it won't be funny. It'll just be lame and annoying.
    4 points
  22. For the Love of PETE.....If you are gonna insult a group of people at the very least you need to know how to spell the word correctly. Otherwise you really come off looking like a goofy goober. IMO. Peace
    4 points
  23. Hah! Will the RV affect the political picture in the US? Shift the power structure by making more millionaires out of the common folk? Or will wealth turn more than half of us into republicans who were not already? Somewhere I saw democrats described as folks with a strong desire to spend other people's money for the greater good, and republicans want the gov. to run like a business and keep its hands out of their pockets. We should conduct a poll of current political leanings, then poll the exact same respondents a year after the RV to see if anything changes. Good social experiment. Peace and Prosperity
    4 points
  24. Hello I am interested in getting the VIP membership but have some questions for the Adam and the fine folks at Dinar Vets: 1) Is there a reason as to why the VIP's with paid 3 or 6 month memberships can't have the VIP certificates now when they pay for their VIP status? 2) Could you give out VIP Certificates that are for the 3 or 6 month memberships with experation dates on the certificates (good only for the paid membership time frame)? 3) post RV, would your staff actully hang around to actually process the thousands of VIP certificates that would need to go out immediatly for your loyal and paid customers? I respectfully appreciated Adam and all of his staff for what they do and just wanted to know with no harm -no foul intended. But, I would really find it hard to believe that if I was sitting on millions of dough post -RV, that I would be working in some mailroom licking stamps and mailing out thousands of VIP certificates and not tring to get a party started somewhere -JMHO So, Adam and the fine folks at Dinar Vets- show the VIP's some love! some of us can't afford the $350.00+- fee for the platinum membership thank you all and God bless!
    3 points
  25. Is this announcement supposed to be made today (25 March)?
    3 points
  26. That is really great news. Thanks for posting.
    3 points
  27. Well done heavyduty some people believe that they know smonething. Krash, tell me the date and the rate. You are just like all the gurus. Full of it.
    3 points
  28. I have been saying for years that the dark side of our govt. the ones behind the scenes has a personal vendeita to destroy america and all she stands for and the masses of people don't understand or simply don't care. Every time the elections are held more and more people are put into the right positions to carry on. America's people are going to be subjected to things they have never experienced before. It don't take a wise man to see what is coming. God help us all.
    3 points
  29. I believe this was the plan all along. And my personal opinion is Obama was a big part of their plans to destroy our economy. Bash me if you wish but look close at all he and his gang of thugs have done so far. And don't think getting Rham Emanuel elected Mayor of chicago isn't just one little piece of the plan. And all those who call Glen Beck a nut case go back and see that he predicted all this and got it just right. Lord help us.
    3 points
  30. ok so I have been lurking on this site since december, i finally decided that i actually had something i cant find on here. please dont bash..... so the guy who got my aunt into this investment always calls here with intell, normally i dont listen and fall back on what info i can get off here. so yesterday he called and said, its done, its all set to RV tonight. - he said that IRAQ has set a rate - he said that tonight around 10pm our time iraq was set to announce that they are fully ready to be back into world trade and there currency is now trade able. (and also said he would forward me a link to an ''official iraq website'' that stated it ) - i have not recieved that email as of now - i have been on here all day waiting for someone else to post this rumor (MY THEORY ON WHERE HE GETS HIS INTELL), i have not seen it on here and thought i would register and post thanks GO RV!!!!!!!!!!!!!!!!!!
    3 points
  31. YOU ARE RIGHT THIS PLACE IS SHADY-I HAVE CHECKED THEM OUT PERSONALLY AND WOULDNT GIVE THEM A DIME---YOUD LOOSE ALOT OF MONEY
    3 points
  32. Ha, ok you said the keywords "Obama" & "birthcertificate" in one post. Ajk.... will be here soon, just wait for it....... Wait for it.....
    3 points
  33. I guess this guy does'nt realize for Iraq to beome the Mecca of the World...that will make the merchants of the earth wealthy...in these end times....as the Bible mentions...which is where we are leading up to now...as the entire World is in Iraq now...to do business with a new, soon to be Superstar of Wealth....and of economic proportions that have never been heard of until now...at least not in the proportions of what we will soon see coming from Iraq....some have even said that Sadaam was no more than a puppett...created by the elite...to keep the treasure safe...until it was ready to be exploited for the Grand Scheme of things to come....Many may look at this thing in multiple scenarios....but, bottom line....The wealth that Iraq has will astound everyone, especially once they totally come online with the World...and sure, the money some are holding....the dinars...could end up being useless...as some call them nothing more than lottery tickets...but, if one has an IQ of a 1, and looks at all the indicators of where things are happening and where things are'nt happening...economically in the World so to speak'....I'll bet on the horse with all the monetary activity going on....and if one looks around, and just follows the money....eventually most will be in the money.....IMO....I've said all along...sure they could LOP, they could print a new currency and do away with this currency that many are holding, they could do anything...BUT...THEY HAVE'NT IN 8 YEARS...WHILE BLOOD WAS FLOWING IN THE STREETS...WHILE MANY HAVE DOUBLED AND TRIPLED THEIR HOLDINGS....WHETHER IN THE CURRENCY HELD LONG TERM, THE ISX-(IRAQI STOCK EXCHANGE), THE WARKA BANK ACCOUNTS WITH COMPOUNDING INTEREST, ETC....(THESE ARE THE REAL FACTS ON WHETHER ANYONE HAS BEEN DUPED...OR YET)...I GUESS IRAQ IS GOING TO WAIT UNTIL THEY ARE TOTALLY STABILIZED, AND THEN PULL THE PLUG ON EVERYTHING THAT THEY HAVE BEEN WORKING TO ACQUIRE, WITH INVESTORS AND THE WORLD'S FINANCIAL COMMUNITY....AND JUST RUN OFF ALL THE WORLDS OIL COMPANIES AND EVERYONE ELSE....AFTER TRILLIONS HAS BEEN SPENT......LOL.... P.S. I see some mental retardation going on here, for some to even think that Iraq will not be stable...as China, Russia and many other Countries...are moving in, and working hand-in-hand to exploit this country's oil and other masive store's of wealth and natural resources....With this being said, if Iraq goes down....we all go down.....and it wont matter what type money that any of us are holding...lol....
    3 points
  34. I know I shouldn't relay this garbage, however, being the Dinaraholic I am, couldn't resist. I need to dry out! OKIE_OIL_MAN] GOOD MORNING AMERICA AND SHIPS AT SEA (OR AFTERNOON–DAYS AND NIGHTS ARE RUNNING TOGETHER) I JUST MADE MY FIRST CALL TO SOURCE IN 2 DAYS AND INTEL CONSTANT REGARDING THE 27TH. TOMMOROW-(FRIDAY) ACCORDING TO SOURCE IS CRUCIAL REGARDING THE WTO ASSENCION. THIS WILL BE OUR SIGNAL IRAQ IS GOING INTERNATIONAL BEING ABLE TO TRADE AND WITH A CURRENCY OF VALUE. VISA CARDS ALSO CARRIES IMPLICATIONS FAR ABOVE WHAT WE CAN POSSIBLY IMAGINE.–STAND BY–INTEL WILL BE RESTABLISHED AROUND 3 AM IN THE MORNING. (HOPE I AM AWAKE ENOUGH TO APPRECIATE MAGNITUDE OF NEW INTEL)–THINK I WILL RECORD CONVERSATION THIS TIME FOR EVALUATION PURPOSES IN THE MORNING) INCIDENTIALLY–THAT POST BLAINO MADE ABOUT ME IS FALSE–CONTRARY TO POPULAR OPINION I DO NOT HAVE A BAT-MOBILE—ITS A GMC DINAR–heh heh. I BELIEVE THIS IS FINNALY OUR TIME IN HISTORY TO MAKE A REAL DIFFERENCE IN OTHERS LIVES—-REMEMBER–WHAT YOU HAVE TOLD GOD YOU WOULD DO WHEN R/V OCCURS–YOU WILL BE REQUIRED TO STAND BY YOUR WORD SOMEDAY.—OUR TIME IS NEAR (VERY NEAR) TILL THEN–WE WAIT—(BUT NOT FOR LONG) BLESSINGS TO EACH OF YOU
    3 points
  35. Perhaps you are taking the word bondage out of context...depending on the context, the word bondage can have several meanings.You infer some type of sexual context...why?Now,I did not see his poem,but based solely on his discreption above,I believe his use of the word bondage had no sexual meaning. Just my .00085 cents.
    3 points
  36. OK...I'm getting tired of this whole, "Contractors paid in Dinar"....and, "how can they be paid with a worthless IQD". First of all, the IQD is NOT worthless! This is all relative to another currency. For example, Contractor digs some ditches and the contract is agreed at $500 USD for the job. He either gets paid in USD or IQD. If it's USD, he gets the $500. If it's IQD, he gets 58500 IQD. What's the difference? NOTHING! If he gets paid in IQD, he can simply exchange that for $500 USD. Am I missing something?
    3 points
  37. This is "Off Topic Posts" section.... Dinar post would be rather "ON TOPIC" ... don't ya think???
    3 points
  38. heheh...glad to hear that some ppl here still have their sense of humor intact and appreciate the art of an elaborate and exotic comment. Cheers to you also, Ore!
    3 points
  39. What are you? A priest? All type of people have a right to have faith in Jesus and God. Stop being so judgmental. Shinnidan, please continue to post your awesome pics as you wish... I love them
    3 points
  40. First off, this looks like all the other stuff posted. Also this statement mirrors all dinar pumpers starting lines " ok so I have been lurking on this site since december, i finally decided that i actually had something i cant find on here." ..... just sayin
    3 points
  41. I think that Okie wears Reeboks... The old ones that you have to "pump" up
    3 points
  42. Ok well i can give you a plain and simple answer to this and im not going to be a smart A$$ about it.......First of all lets approach your theory on if too many stocks are traded it becomes watered down and worthless.....Today 3/23/2011 Cisco Systems, Inc. traded 50,699,680 shares yet the price went up 0.13 0.74% ......yet Apple Inc. only traded 12,880,260 yet there stock fell 2.01 0.59% !!! So there you go blows that theory goes out the window. As for currency Iraq has X amount of dinar that was printed and brought to them in Between October 15, 2003 and January 15, 2004, the Coalition Provisional Authority issued new Iraqi dinar coins and notes, with the notes printed by De La Rue using modern anti-forgery techniques, to "create a single unified currency that is used throughout all of Iraq and will also make money more convenient to use in people’s everyday lives. These new banknotes led to a new industry of selling the new Iraqi dinar to oversea investors who hoped to profit from Iraq's new currency when the economy improved. The provisional government of Iraq has made this legal, but the banknotes are exchanged at different rates by companies wanting to make profit. Due to the success of this program, though, Iraqi dinar has been widely counterfeited. However, there are six different security features on the 25,000 Iraqi dinar note that one can check for authenticity. Although the value of the dinar appreciated following the introduction of the new banknotes from 4,000 dinars per U.S. dollar, at the time of their introduction, to a high of 980 dinars per dollar, it is now held at a "program" exchange rate, as specified by the International Monetary Fund of 1170 dinars per US dollar at the Central Bank of Iraq. SO if you have been invested in the dinar 6 years ago as you claim then you should have no question you investment has tripled in its value!?!?!? Now you say if its such a great thing you should keep you moth shut right? Well lets google Scam Iraqi Dinar---About 504,000 results (0.14 seconds) Seems likes its being down played pretty heavily even though I can walk down to my local bank and purchase these dinar from the US treasury..... Now why would the US Treasury Department have this scam money sitting around and steadily available??? Lets carry farther on and google Iraqi dinar revaluation I get About 203,000 results (0.06 seconds) So I have 2.2:1 ratio of bad to good right??? Now I was told a while back that a great company that would be coming back by multiple well educated and successful investor to invest in Lehman brothers to watch my shares plummet in value yet these professionals all said hang on to them....let Google invest in Lehman brothers About 1,950,000 results (0.07 seconds) Well 1.9 million positive opinions cant be wrong can it???? Ok enough of these examples... Back to currency the Iraq dinar had X amount printed im not giving precise number im just using X as a reference......The CBI will keep X amount in bank it will never see day light.....then X amount will go to government funding..... X amount will be sold to foreign treasures to have on hand ......X amount will be used in every day life in Iraq.....X amount will be destroyed in every day occurrences...... Wow these currecny sure is getting spread out alot but we are not done are.... nope ......Now X amount will be sold to currency exchanges and investors such as Forex......still not done are there is X amount that is still not even issued yet or canceled such as 50 and 100 coins so that amount is X amount out the window like it was never in existence........Now we X amount that you me and joe blow has invested on lets say you 1,000 dollars yes i know some have more and some have less but lets just put an average out the of 1,000 so lets use some real numbers for a minute say we have 800,000 people invested world wide and this is a really high estimate and we get 1:1 exchange that means 800 billion dollar would be moved in the forex in one day correct? seems like a lot of money doesnt it to be moved??? Well consider this every 24 hrs on average the forex moves The $3.98 trillion break-down is as follows: * $1.490 trillion in spot transactions * $475 billion in outright forwards * $1.765 trillion in foreign exchange swaps * $43 billion currency swaps * $207 billion in options and other products.........that 800 billion would be a blip after looking at a month of forex trading and 3.98 trillion X 20days im not counting weekends just for instance so you have 79.6 TRILLION dollars exchanging hands every 20 days Now doesnt that 800 billion seems like a blip??? Draw you own conclusion and your own research but the dinar is still considered a long shot but 800 billion dollars dived by 100 dollars per barrel equals 8 million barrels of oil now correct me if im wrong but aren't they producing that every 4-5 days and producing it a 10 dollars more or less per barrel costing Iraq a grand total of 8Millions USD!!!!!! to get its money back from you and me Just for a quick reference In 2009, Iraq produced 2.4 million barrels per day of crude oil, but the country has a total of 115 billion barrels of proven reserves, and that's based on a 2001 estimate. Iraq probably has much more oil, including up to 100 billion barrels in its relatively unexplored western and southern deserts. this comes from Fortune magazine Estimated barrels of recoverable crude: 45-100 billion So am I betting on Iraq's economy be purchasing there currency??????? Well at the rate Oil prices are rising YOU DARN RIGHT I AM!!!!! Iraq's economy is dominated by the petroleum sector, which has traditionally provided about 95% of foreign exchange earnings.....O by the way can anyone tell me whats 55 billion X $100= ?????? well to me it equals monster economy
    3 points
  43. Thank's for the post but don't show this to the pumpers that have been saying wto and rv this weekend iminent or we could have a rash of suicides on our hands...
    2 points
  44. Well spoken. If you open a post and don't like it.......you are free to move on. If you feel you must object do so kindly with respect and feel free to supply your point of view. what do you believe in Tropics? If not God, then we would listen to your alternative point of view.
    2 points
  45. Just relaying info, "aka, BS". Who knows....? March 24,2011 From "another site"..Ray To Steve….Steve, Here is the latest update on info that I just received from one of my guys. I asked him last night to check with his contact in Iraq and find out when the first shipment of the new lower denom dinar arrived. He found out that it arrived last January 25 and is being stored and guarded in the Green Zone. It hasn’t been there for five years as others are saying. He also told me that the three ministers will be presented and voted on to Parliament either Saturday or Sunday. [sunshine] He also said that the government employees are receiving the new Visa & Mastercards now. The MOF employees got theirs and they are now giving the Transportation Ministry employees their cards. Not sure which ministry is next. Last January I reported that a Turkish company had received a contract to remodel the seven hotels and rebuild the roads from the airport before the Arab Summit that was scheduled this month but has since been postponed until May. My contact told me that the Turkish company has begun that work now. They are remodeling the hotels, government buildings, rebuilding the roads and doing lots of landscaping in Baghdad. The Turkish company was not going to start the work before and be paid with the worthless dinar but now they are working. I feel they are going to be paid with the new revalued dinar. I see these things as another step toward our final goal. Will report more when I hear it. Have a blessed day. Ray
    2 points
  46. I read and understood you poem. Maybe someone's mind was in the wrong place when they read it. I've seen worse jokes in the off topic section than this. I'm on your side
    2 points
  47. Stubbs33, thanks for the post! I would encourage you to not to be afraid to post if you feel like you have something positive to contribute. A rumor is a rumor no matter where it comes from. But, some don't treat the rumor section that way and are to quick to bash someone with questionable sounding information. After all, isn't that why it's called the "Rumor Section"? Nobody should have to start a post by saying "Please Don't Bash". However, that's the way it's been for quite a while. GO RV!!
    2 points
  48. Thanks Stubs33. Welcome to DV. It would be great if your intel is correct.
    2 points


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