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  1. CHAT FROM ANOTHER FORUM: Scooter Chat 6-27-10, Part 1 [scooter] Good Evening Folks [scooter] I hope all is well --- there’s been a lot of research and we now have an overabundance of information. [scooter] Now, for the past two weeks, I’ve been mercilessly pursuing information at the Ministry of Finance and Ministry of P*****ng Sites. The Ministry of Finance site has been beating me up pretty badly --- but I’m done converting, OCRing, and Translating this information. [scooter] I will be covering the Ministry of Finance next chat, as well the G20 meetings – the notes should be published by then. [scooter] However, I do have a request of the group tonight: [scooter] If there is anybody that can interpret Arabic writing, particularly Babylonian dialect, I would be interested in having a discussion. There are two hand written documents individually scanned into a JPG//PDF file that cannot be OCR’d or translated by any software known to mankind ---- It’s been killing me!!!! However, I am making a call to some universities tomorrow to get this bad boy because I want these documents badly! [scooter] “Strategic Federal Budget 2010-2012” http://www.mof.gov.iq/ar/index.php?n ... op=page&pid=80 [scooter] and the very important one [scooter] “Strategies as Economic Units 2010-2012” [scooter] hmmmmm [scooter] I wonder what economic units could mean [scooter] http://www.mof.gov.iq/ar/index.php?n ... op=page&pid=79 [scooter] There's the link [scooter] If you can help, I would appreciate it! [scooter] Now, for tonight, we will be covering the US Department of Trade Documents and several Ministry of P*****ng documentss. All MofP Doc’s refer to the RV in some shape or fashion. In fact, the government spending assessment, BLAST the government for its lack of capitol spending and not moving forward with the structural changes. [scooter] So Here they are: [scooter] 1. US Department of Trade -- Republic of Iraq – National Investment Commission --- Investment Law No. 13 --- Investment Guide is Superb! [scooter] 2. USAID -- Tijara Project --- Links for Reference – Great PowerPoint [scooter] 3. Iraqi Ministry of P*****ng -- Economic Committee [scooter] 4. Iraqi Ministry of P*****ng -- Technical Committee for Preparing the Five‐Year Plan 2010‐2014 -- [scooter] 5. Iraqi Ministry of P*****ng – Government Spending Committee – They got “Blasted” in this report! [scooter] So on to #1 --- US Department of Trade -- Republic of Iraq – National Investment Commission --- Investment Law No. 13 [scooter] Here is a link for you to review at your leisure -- http://trade.gov/static/Inv_Guide_2009.pdf [scooter] Oh yes, [scooter] I will post the links in a separate response [scooter] to the chat [scooter] they get miscomboberated when copying sometimes [scooter] If you haven’t seen this information you should really look at it, particularly since you are all investors in Iraq right now! [scooter] There are several segments that I think you might want to see, particularly what great lengths the Iraqi’s are going. Also, please remember the US is escorting America’s largest corporations over for a Business Development Mission in mid October – Date ring a bell? [scooter] ? Here’s the link: http://trade.gov/trade-missions/miss ... ctober2010.asp [scooter] But what is very interesting is the benefits the Iraqi’s are offering. Here’s some clips from the investment guide: [scooter] Investment Law No. 13: Privileges and Guarantees [scooter] It’s only the month when the ISX’s is targeted to opened up to the world. I know, I know – October????? [scooter] NOT!!!! Remember, the currency comes first --- get it internationally recognized, then move to the stocks, securities, bonds, etc…. [scooter] But what is very interesting is the benefits the Iraqi’s are offering. Here’s some clips from the investment guide: [scooter] Investment Law No. 13: Privileges and Guarantees [scooter] Why is this important [scooter] Because the open market only pushes the value upward [scooter] not downward [scooter] Plus you'll see in a second [scooter] Here's some snips [scooter] • Foreign investors have the right to repatriate capital brought into Iraq, as well as any profits earned, pursuant to the instructions of the Central Bank of Iraq, after paying all taxes and debts owed to the Iraqi Government and all other authorities. [scooter] OK -- Kind of cool [scooter] • Foreign investors are allowed to lease land for the life of the investment project, or for a term of up to 50 years. Extensions can be requested and obtained from the NIC for additional years based on need and economic considerations. Additionally, a bill is currently pending before the Iraqi Parliament (to be voted on in October 2009) which would allow foreign investors to own land. [scooter] Chinese oil contracts [scooter] for over 58 Billion [scooter] This year’s budget [scooter] was just over 70+ Billion [scooter] • Foreign investors may open accounts for licensed projects in Iraqi and/or or foreign currencies with Iraqi or foreign bank [scooter] I wanted this one in there [scooter] because of a couple of [scooter] reasons [scooter] The iraqi currency is going to be strong and Scooter Chat 6-27-10, Part 1 Scooter] There will be banks -- like HSBC -- [scooter] That will hold your money in IQD if you desire [scooter] That way [scooter] people can get the appreciative value of the IQD [scooter] and the high interest rate [scooter] from Iraq's CBI [scooter] just a thought [scooter] Here's some more [scooter] • NIC-licensed projects enjoy exemption from taxes and fees for a period of 10 years from the date that commercial operations begin. [scooter] Tax exempt for 10 years [scooter] Should draw the American Corps in [scooter] • Assets imported for an investment project are exempt from customs duties as long as they enter Iraq within three years of the licensing date. [scooter] But here’s the biggie [scooter] The Government of Iraq has drafted a new law on tariffs that will adopt the Harmonized System and apply modern WTO standards for calculating tariff rates for imported goods. This legislation is expected to pass the Iraqi parliament in 2010. Iraq was granted WTO observer status in 2004 and hopes to gain membership in 2010. [scooter] Now, will they make the WTO in this time – I would have never predicted in 2010 – However, the US Government is putting 2010 on the investment guide -- Somebody knows something we don’t! [scooter] Now to Tijara and US Aid -- http://www.tijara-iraq.com/ -- this is just for your benefit --- nothing to note immediately but there’s two links I want to share and then we’ll move on. [scooter] Just a couple of links for the group [scooter] June2010 Tijara Overview Presentation [scooter] http://www.tijara-iraq.com/?pname=op ... 1484&type=file [scooter] Tijara 2009 Progress Report [scooter] http://www.tijara-iraq.com/?pname=op ... 1053&type=file [scooter] Detailed p*****ng of the different areas of Iraq -- [scooter] Very detailed! [scooter] Goto at your leisure – detailed business analysis in each region of Iraq!  [scooter] Now to the good stuff: [scooter] Policy paper and the macro-economic indicators analysis prepared by the committee on economic policies working group may - 2009 [scooter] Ministry of P*****ng Economic Committee [scooter] http://www.iauiraq.org/reports/Secto ... cy-English.pdf [scooter] Here's a clip -- not strong statement but significant [scooter] enough in the context of the paper Scooter] 6- Financial Policy and Public Debt [scooter] The budget also provides hypothesis on the structure of various financial revenues that may be achieved, in addition to what are the financial and economic changes that should be adopted to achieve and improve the new financing sources. [scooter] Here's what they want to achieve [scooter]  Achieve equilibrium between revenues and expenditures in a way that ensures remedy of the general budget deficit and reduces the public debt burden as well as to keep it within the internationally recognized safe limits. [scooter] the paper suggest that equilibrium point at the real rate of 3.208 [scooter]  Structural imbalance in the revenue structure during the dominance of crude oil revenues and recession of other financial resources. This fact is a reflection on the reality of Iraqi economy. [scooter] Essentially --- [scooter] There's a major problem [scooter] They must act now [scooter] in order to prevent problems [scooter] in every department and segment of society [scooter] here's another paper from a different committee [scooter] Ministry of P*****ng and Development Technical Committee for Preparing the Five‐Year Plan 2010‐2014 -- Distributed September 2009 [scooter] Committee of Private Sector Development Paper Second Phase [scooter] http://www.mop-iraq.org/mopdc/resour ... ment%20_en.pdf [scooter] Page 3 [scooter] Therefore, the Five Year Development Plan (2010 - 2014) aimed at, as main axes, to accelerate the private sector growth leading to higher rates of its relative contribution to GDP during the plan period. This would maximize the ability of the national economy to fulfil the needs of different productive activities and to face the increasing domestic consumption. [scooter] Now in english [scooter] They want a higher contributions to build up GDP [scooter] Everyone Does [scooter] But what's more important [scooter] is that they realize they [scooter] need to facilitate consumption domestically [scooter] otherwise -- this exercise is meaningless [scooter] So Here's what they are going to do [scooter] Chapter three: future vision for the development of the private sector [scooter] Page 13 -14 -- The necessary policy for achieving the vision -- Attracting Investment [scooter] b. Setting up the programs of economic reform towards releasing the exchange rates, goods and services according to market standards and mechanisms. [scooter] "Releasing Exchange Rates" [scooter] essentially opening up to the world [scooter] c. Opening the local market to the neighbouring regional markets and treating them in the same way [scooter] Page 19 -- To raise and increase the capacity of the economic units on competitive bases. [scooter] They need to be competitive with surrounding states [scooter] Page 20 – To liberalize the interest and exchange rates, and to reduce restrictions on the flow of capital. [scooter] Here's where they were selling the concept [scooter] Page 21 -- The positive results arising from the implementation of this vision relate to the liberation of the centrally restricted economy and transferring it to a market economy. It includes the policy of releasing the exchange rate as one of the most important pillars and reform policies to resolve the imbalances in the money markets and to achieve stability and raise the competitiveness of the economy, [scooter] This document -- government spending [scooter] They get "Blasted" in this document big time [scooter] Here's some snips [scooter] Republic of Iraq Ministry of P*****ng and Development Cooperation Department of Government Investment [scooter] Analysis of Investment Spending Level and Its Relation to the Gross Domestic Product (GDP) and Fixed Capital Formation for the Period 2004-2008 – Distributed 2009 [scooter] http://www.mop-iraq.org/mopdc/resour ... ment%20_en.pdf [scooter] This Documents “blast” the government s efforts – Dismal to say the least! [scooter] Page 2 of 7 An initial assessment of the investment budgets performance in Iraq: [scooter] First Sentence: The initial assessment of the performance of annual investment budgets shows low execution and spending rates compared to the size of set allocations [scooter] During the evaluation of the performance of the budget, it appeared that there is an exaggeration in requesting the allocations, which will lead to enlarging the size of the federal budget of the State and the seizure of large amounts that could have been allocated to other areas or sectors to actively contribute in pushing the economy forward. [scooter] Here’s the “Kicker”: [scooter] not this one [scooter] 3. Despite the existence of the national strategies for development documents (2004-2007) and (2007-2010), the annual allocations did not come up to those strategies, even roughly, as the percentage of the total allocated for investment during the period 2005-2009 reached to about (70406.7) billion dinars, while the size of the amounts proposed by the development strategies for the same period were about (153) billion U.S. dollars, equivalent to about (190068.5) billion dinars. [scooter] This would mean that the percentage of allocated amounts to the proposed amounts according to strategies was about (37%) which is a modest percentage. This would be a more negative picture, if we take into consideration the expenditure made from the investment allocations. [scooter] Good luck getting into any international arena with 37% [scooter] In english -- Embarrasing [scooter] Way behind in Capital formation [scooter] Only 37% --- This definitely will not fly with WTO or International Standards!!!!! Unbelievable! These guys were ruthless in their assessment – but justifiably so!!! [scooter] Page 5 -- Fixed capital formation and the coefficient of capital / output Despite the difference between the concepts of development, it is possible to say that there is a general agreement that the achievement of higher growth inevitably requires higher investment, as the fixed capital formation is one of the important factors for determining the level of investment activity. [scooter] Makes sense – Invest in capital get a bigger return right! [scooter] These jokesters [scooter] took the money [scooter] and spent it everywhere but capital [scooter] Almost done [scooter] Page 6 – 7 Proposals to activate the investment policy in Iraq There are other more important reasons related to the failure of the macroeconomic policies that have not been able so far to draw the right and integrated economic policy capable of extrapolating the reality of macro-economic variables adopted by the Iraqi economy, and then following new economic policy which is able to develop the investment program in the country. [scooter] Some PinPoints [scooter] 2. Requiring the authorities to submit technical and economic feasibility studies for their proposed new projects. [scooter] 8. Raising the degree of coordination between authorities responsible for economic policy making in the country (Ministry of P*****ng and Development Cooperation, Ministry of Finance, Central Bank of Iraq). [scooter] Now [scooter] The reason I added those statements [scooter] The government has been spending money with hand shake deals [scooter] for them to be recognized internationally [scooter] that will never ever be tolerated [scooter] ever!!!!! [scooter] If they are to be recognized [scooter] This has to be fixed ASAP! [scooter] For this reason [scooter] We've seen [scooter] the CBI and MofF [scooter] finally get their act together [scooter] and started publishing the real info [scooter] to the IMF's GDDS system [scooter] OK [scooter] enough from me for now -- but ---- next chat we'll go throught MofF and G20 notes [scooter] I'm done
    14 points
  2. TEAM, I know it is difficult to play the waiting game --- however, it's part of any type of investment. For the past month, I've been getting the same question consistently about the tumultuous election and the impact on the RV. Here's the answer -- The World Bank DPL has been in existence for the past 7 years. More importantly however, they accounted for the election and underpinned the programs several years prior so that there couldn't be the volatile shifts when new government officials came into to power. This is an exceptional plan of attack and one of the finest I have ever viewed!!!! As evidence, I've taken excerpts and pasted below. My hope is that after reading you will be relieved and encouraged, not discouraged. Be patient and let the market come to you and everything will work itself out! Enjoy, Scooter --------------------------------------------------- ------------------------- Best, Scooter
    14 points
  3. Medic chat: Dinar Speculator 6/27/10 @ 10:30pm June 27, 2010 wolverine4dinars says to (22:44:30): I understand that Maliki and Allawi are suppose to meet tomorrow, anyone want to bet they cancel it? MED says to (22:46:18): MALIKI CAN’T AFFORD TO CANCEL IT HE NEEDS HIS CHANCE TO TRY TO CONVINCE ALLAWI TO LET HIM BE PM AGAIN WHICH IT WON’T HAPPEN JRCivic says to (22:47:10): I don’t think Allawi will go for that. MED says to (22:47:17): HE WON’T…HE TOLD MALICKI HE CAN HAVE THE POR POSITION THIS IS WHY ALLAWI DID NOT LOOK FOR ALLIANCES IT DESTROYED TWO PARTIES CHANCES THE INA AND THE RULE OF LAW MALIKI’S MANEUVER BACKFIRED AND HE CORNED THE SHIITES INTO NOT HAVING A CHANCE I BELIEVE TO FORM A GOVT ONE THING THEY SHOULD MAKE EVERY MEMBER OF THE GOI SIT AND WATCH OVER AND OVER THE MOVIE INVICTUS HOW RECONCILIATION CAN BE ACHIEVED AND HOW ONE MAN WHO WAS TORTURED AND WRONGFULLY IMPRISONED FOR 27 YRS CAN FORGIVE AND BECOME THE LEADER OF A DEMOCRACY NOW I WILL SAY THIS THAT THE INA AFTER READING WHAT THEY WANTED AND EXPECTED OUT OF THIS MERGER WITH THE RULE OF LAW THOUGHT THEY REALLY WANTED CHANGE BUT THAT IS NIEVE WE KNEW ALL MALIKI WANTED WAS SEATS TO GET HIM A 2ND TERM HOW COULD THEY NOT HAVE REALIZED THAT ALSO NOW OBVIOUSLY UNLESS WE ARE SURPRISED THEY WILL NOT CALL PARLIAMENT TO SESSION AND CALL FOR THE LIST TO FORM I POSTED COMMENTS ON THIS THEY ARE LOOKING FOR A PERFECT WORLD HERE ALL THEIR DUCKS IN A ROW BEFORE THEY STEP INTO PARLIAMENT IT IS NOT GOING TO HAPPEN THEY NEED TO CONVENE AND LET THE PROCESS WORK ITSELF OUT OK I AM ALL DONE I WOULD DISCUSS MORE BUT IT WAS A VERY MILD NEWS DAY santafe says to (22:54:13): Med . . . are any of your bank sources hearing anything that you can discuss? MED says to (22:54:18): NO LAN WANTED TO TALK TO ME TODAY I DONT KNOW WHY BUT HE DIDN’T CALL ME THOUGH IT IS STILL EARLY ON THE WEST COAST I CAN TELL YOU THIS THAT IT IS LANS PROFESSIONAL OPINION THAT THEY CANNOT CONTINUE TO REMOVE LIQUIDITY AND KEEP THE RATE WHAT IT IS santafe says to (22:56:10): Thanks Med…. I agree, with the reduction in liquidity, things must be pretty tight. Tomorrow’s events should tell us a great deal. JRCivic says to (22:56:12): Med, are you suggesting that there will be NO meeting of Parliament tomorrow ??? MED says to (22:56:23): YES I AM JR JRCivic says to (22:56:54): Thank you for the clarification… many members here have been confused about this. MED says to (22:57:07): THERE WAS ONLY ONE ARTICLE ON THEM CONVENING OTHER THAN THAT THEY HAVE TALKED ABOUT EXTENDING IT ONE MORE MONTH WHICH WILL BE DISASTROUS I DO NOT KNOW UNDER THE CONSTITUTION THEY CAN GO THAT LONG THEY HAVE 15 DAYS santafe says to (22:58:18): Cringe . . . another delay… That’s what the goi does best, but what a disaster. They will have every country breathing down their back. MED says to (22:58:35): YES THEY WILL IT WILL CAUSE THE INTERVENTION THEY DO NOT WANT THE UN AND U.S. WANT THE CONSTITUTION SUSPENDED AND A GOVT FORMED OF BROAD COALITION THESE PEOPLE WHO ARE TRYING TO RUN THINGS ARE NOT READY FOR DEMOCRACY AS WE KNOW IT THIS WAS CAUSED BY ONE THING THE LACK OF UNDERSTANDING WHAT”PEACEFUL TRANSITION OF POWER” apolloo says to (23:00:33): Do you think the US and UN want to do that so that they can take control of the economic issues that would include the RV, ousting Maliki and establishing a “free market economy”? MED says to (23:01:02): THE UN HAS NOTHING TO DO WITH THE ECONOMIC ISSUES AND THE U.S. HAS ALREADY AN AGREEMENT WITH IRAQ ON TAKING THE ECONOMIC REFORMS OVER FOR IRAQ AS SOON AS THE NEW GOVT IS IN PLACE REMEMBER THE 110 COMPANIES THE U.S. HAVE PICKED TO GO INTO IRAQ ALL THOSE THINGS HAVE TO BE REMEMBERED THEY ARE ALL WAITING ON THE EDGES WAITING TO HELP IRAQ BUT THE JOKERS CAN’T EVEN HELP THEMSELVES JUST A LITTLE DID YOU ALL SEE THAT IT WILL TAKE PAST 2015 TO PUT ELECTRICITY INTO IRAQ santafe says to (23:03:26): Unfortunately, the goi has repeatedly ignored the plight of others and focused on their personal greed. MED says to (23:03:33): YES SF YES THEY DID harv1414 says to (23:04:09): someone today asked if there was a list of the companies from the u.s. and how could they find it. dmitch says to (23:04:16): You’re correct JRC…it shouldn’t, but look how long it’s taking them to get a gov in place! apolloo says to (23:04:31): So if the we go ahead and put an interim govt in place, then they would have the govt they need to go ahead and push them ahead? MED says to (23:05:14): TELL THEM TO CALL THE STATE DEPARTMENT AND ASK THEM FOR THE LIST LOL I SERIOUSLY DOUBT THEY WILL GIVE IT OUT OK I AM GOING TO HEAD FOR NOW
    13 points
  4. bgpatton2 Chat: another site 6/27/10 June 28, 2010 · Posted in RUMORS [bgpatton2] one of my contacts informed me that the G20 meeting is key for the end of the month [bgpatton2] there is a smoke screen coming from the news [bgpatton2] they are blah blah blah about nothing [bgpatton2] the real info is the push for iraq to be completed by eom [bgpatton2] all countries are working together to push iraq forward [bgpatton2] my contact informed me that we would see this by eom [bgpatton2] another discussion i had today was about the influx of money iraq is putting out [swampyjackpot1] bgpatton2 Thank you!! [bgpatton2] germany did the exact same thing right b4 they revalued [jgable01] bgpatton2 it’s good to see you around again!!! [bgpatton2] after ww2 [swampboy] isn’t June the 30th the end of their Fiscal year and they have to have there budget implemented. And it is suppose to be approved already [bgpatton2] hitler printed massive amounts of currency which took their value to nothing [bgpatton2] yes swampboy [bgpatton2] multiple contacts between all of us that are on the cc have matching info [bgpatton2] which is very cool that it is coming from different places [bgpatton2] and not regurgitated Tags: no tags
    7 points
  5. China revalues repegs rejoices! Dinar soon to follow - [6/23/2010] (Outside Dinar Site) Yesterday morning the US stock markets experienced a dramatic surge when China announced that they would leave the dollar peg in favor of a basket peg and allow the market to determine the price of their currency. Later in the day, trading simmered back down when everyone realized that China is still holding the reigns pretty tight. Nonetheless, a change in China’s monetary policy is a great thing right now! Let’s discuss it a little. As anyone who keeps up with world economics knows, the Chinese yuan is a major factor in many things. China has kept the value of the yuan artificially low for a long time, which has done several things. For instance, the lower value of their currency has kept their exports competitive. (Since one dollar buys more yuan, the USD is able to buy more Chinese goods for less money, which makes their products more attractive than similar domestic products.) China has also worked to combat a speculative run on real estate this year by raising the minimum cash reserve in their banks. (Higher reserves means less money to lend, so the banks need to raise interest rates on the money that they do have to lend. Higher interest rates keeps speculators from gobbling up loans to purchase land and property in speculative ventures.) China will no longer pegged to the dollar and the rate will be determined by the market. The stronger Yuan means inflation will be kept in check and the Chinese government will not have to raise interest rates, which is great for more than just China. It needs to be noted that China has one of the fastest growing economies in the world, and the strength and consistency of the Yuan will translate into many areas of world economics. How does this bode for the Iraqi Dinar? The People’s Bank of China (PBOC) has set the rate for the Chinese Yuan for years, similar to what the CBI does for the Iraqi Dinar. A move away from a dollar peg for the Chinese Yuan and into a basket peg means they are going to allow the markets determine the price of the Yuan. I would speculate that the Chinese Yuan will move higher over the next year, and if you play on any of the forex systems you may want to keep an eye on it. Of course, it needs to be noted that China has played games with their currency before… although the early rumor yesterday was China would loosen the strings on the rate, the Yuan never actually made it past the 5% margin the PBOC sets. Also, I wouldn’t expect it to gain more than 6% over the next year – but it’s still worth watching! I actually believe the stories that suggest the Yuan is a completely free currency now are a little off base. Although the Yuan will no longer be strictly pegged to the dollar, the PBOC will still keep it in check and this won’t be a free ride up… it will be a slow, controlled climb. The Iraqi Dinar is not on the forex, of course… but we all would love to see it go that way. A major currency revalue for the Iraqi Dinar would open the door to move the Dinar away from the dollar peg, just like the Chinese Yuan is doing. When that happens, we would expect to see the value of it continue to rise, just as we will expect to see the Chinese Yuan do over the next year or two. Also of importance for the Dinar is this prime example of what happens when you allow the market to control itself. We already understand that allowing the Dinar to go on the Forex or be reintroduced to the world as a tradable currency will force it to go up, but what else will happen once Iraq has full freedom (i.e. no more Chapter 7 etc)? What will happen when Iraq is allowed to manage their own credit, their own manufacturing, and their own future? Take a look at this graph that shows what happened with China’s GDP (Gross Domestic Product): See what happened there shortly after their cultural revolution and farms (aka “business”) was privatized? BOOM! The financial minds and power of the people came together to build a stronger China, and look where they are now. The same thing will happen for Iraq – once they are truly free to build and trade and sell and live, the country of Iraq will expand, grow, and thrive – and so will the currency. Some might want to watch this====== http://www.iraqdirec...s.aspx?id=13038
    6 points
  6. There was a call last night with Enorreste, Tess and several others that was moderated by RV4Me333 on another site. It was a long conference call, but interesting. This is just Part 1. I did my best to write down the important parts. Enorreste: We are close to RV but there are some potential problems in wings: Maliki has finally gotten it that he won't get to be PM. He wants vice-PM and ability to name 6 heads of ministry but that won't fly. Allawi still doesn't have enough votes. He said Parliament 'might not' meet until July 17, not that it wouldn't meet until then. Allawi has the Kurds. It's likely that the NA won't break up but will join Kurds and A. and form a truly national government. That's possible and would help us. Lot of posturing going on but Allawi is acting like PM and is control. He will play political games with M. to lead him on but A. has no intention of doing anything with M. E. says got info he can't tell what it is but it is still possible that the RV will happen by 30th. Tess: People close to Allawi and he himself have been moving from place to place for safety. They are without cell phones for their own protection and in Kuwait not Iraq. If we don't see gathering by tonight Iraq time then it's because they couldn't provide for attendees safety. Also, talked to someone on ground in Iraq and there was jubilation among Iraqis. The troops with dinars ran to see if the Iraqis were celebrating the RV. She doesn't think the troops would be running to see what the celebration was for unless they thought the RV was imminent. If A. is assassinated before he gets into office it benefits Maliki. If Allawi is assassinated after he's named PM, there would be no benefit for Maliki unless he gets Vice-PM which is why he wants it and why he won't get it. Also, from same person on ground - apparent to every one on base that the budget has been approved because everyone who had not been paid from Iraqi government since November were paid late last week. Her source personally talked to 3 people that worked on the base that were paid. One was paid with a debit card, unsure how the other two were paid. New contracts were signed by these same Iraqis. There are news articles saying - "Former PM Maliki has signed oil deals." Interesting that it's "former" pm not 'outgoing' PM. Question: Did they pay on the old rate or new rate? The one paid on the card was paid what they billed the government. The other two her source didn't know well enough to ask. Obama couldn't say he would cut the deficit in half by 2013 unless he knew the RV rate. China isn't going to change their rate until Vietnam does. Vietnam was a verbal participant in the G-20 meetings, not a silent participant. This was visible in the videos of the event. Who knows what he was saying but he was speaking there. Articles specifically said Vietnam was going to be in the basket of currencies that would provide economic relief and affect the world economy and VND would go in the same currency basket as China. E. believes the VND and China rate change is imminent. Because of Allawi taking longer to form government, it may be possible to double-dip. Question: Do you think the dong will go any minute? Tess: According to President Obama today, China is making the right steps. IMO it could take china as long as 3 months to do what's acceptable to US. IMO, China might do just enough to cause the VND to rv so yes, it could go any minute but I really don't know. If dong goes, IQD will go asap. The big question is who will go first - VND or IQD? Vietnam is ready to rv. When vietnam goes, iraq has to go and china will go too (some.) US will be big winner when it RVs. O didn't have the impact he wanted to at the g-20. He expected to make more of an impact. Britain was a winner and the smaller countries but the US didn't do that well at the g-20. The countries may delay the RV just a bit to show the US we aren't in charge That's it for the talking heads section of the call, they then opened it up to questions. I'm going to take a break but will work on that part later.
    5 points
  7. Medic's Chat 6/27/2010 at 1:48PM MST on Dinar Speculator Post: by InfoGuru - zzz lifeisgood says to (14:35:40): Med is this going to be over before your daughters wedding? MED says to (14:35:42): WELL TODAY WAS A DAY OF REGURGITATION MED says to (14:35:56): SONNY TELLS ME YES MED says to (14:36:02): AND HE BELIEVES IT MED says to (14:36:08): AND I TRUST HIS INPUT lifeisgood says to (14:36:09): I sure hope so! MED says to (14:36:18): I AM JUST GONNA STICK WITH MY 2010 MED says to (14:36:30): THESE DELAYS HAVE BEEN THE STOPPER MED says to (14:36:39): THAT IS THE REASON THERE HAS BEEN NO MOVEMENT MED says to (14:36:55): RIGHT NOW THE IQD IS VALUED AT 983 IQD TO 1 USD MED says to (14:37:06): BUT AS YOU SEE CBI HAS NOT MOVED IT ONE BIT MED says to (14:37:29): IF IT AVG'D A .16% INCREASE FOR THE NEXT 4 MONTHS ALONE MED says to (14:37:36): WE WOULD HAVE OUR RV ANYWAYS MED says to (14:37:52): BUT SHABIBI IS HOLDING THE RATE AT 1170 MED says to (14:38:15): LAST MONTH IT IMPROVED 187 PIPS MED says to (14:38:20): ACCORDING TO ANALYSTS MED says to (14:38:40): BUT IT IS MANIPULATED BY THE CENTRAL BANK STILL MED says to (14:38:45): IT WILL NOT LAST MED says to (14:38:56): THEY CANNOT STAY IN THIS CONTRACTIONARY MONETARY POLICY MED says to (14:38:59): AND SURVIVE MED says to (14:39:21): IT DEFEATS TOTALLY THE MOVEMENT TO THE FREE MARKET ECONOMY MED says to (14:42:57): SORRY LEFT FOR A MINUTE MED says to (14:43:07): FORGET YOUS DON'T TALK WHEN I AM ON MED says to (14:43:09): LOL MED says to (14:43:19): OK I HAVE TO DO SOME MORE VARNISHING MED says to (14:43:25): I WILL BE BACK LATER
    5 points
  8. chloe says to (05:41:59): article out with a member of national coalition saying maliki is exceeding his authority mailman17 says to (06:05:10): I AGREE CHLOES..ON THE SMOKE ISSUE…THEY WILL NOT WAIT TILL THE 17TH OF JULY IMO THEY CANNOT AFFORD TO HAVE THE UN AND US STEP IN AND PUT A GOVT IN PLACE CHALK THIS UP TO ANOTHER PROVERBIAL IRAQI MONKET WRENCH BEING THROWN AT US THAT IS WHAT MAKES CALLING THIS, SO HARD WE GO BY FACTS…IRAQ DOESNT LOL THEY MAKE THE RULES UP AS THEY GO, AND DO NOT ADHERE TO THEIR OWN CONSTITUTION GEESH I TRULY CANT WAIT FOR THIS TO BE OVER, THE WORDS IRAQ AND DINAR WILL BE FOREVER BANNED FROM BEING SAID IN MY PRESCENCE…LOL SBM says to (06:08:20): So mailman do you feel they could still swear in the president this week? GOT A FEW MINUTES BEFORE GETTING READY FOR WORK, JUST STOPPEC IN TO SEE THE NEWS YES I DO REMEMBER, THEY ARE MASTERS OF DECEPTION JUST WHEN YOU THINK, THE DELAY IS IN MOTION, BAM..THEY TURN AROUND AND DO THE EXACT OPPOSITE WE SHALL SEE ONE DAY AT A TIME LIKE MED SAID….THEY STILL HAVE TO FOLLOW PROTOCOL UNDER THE CONSTITUTION AND GET A PRESIDENT IN 30 DAYS AFTER THE FIRST SESSION OPENS THE UN AND U.S. WILL BE WATCHING THIS CLOSELY SBM says to (06:11:28): so the first session was June 30 mailman17 says to (06:11:30): THE LAST THING THEY WANT IS INTERVENTION’ stlou says to (06:11:44): no,, the first session was June 14 OK LOU…THERE ALL YOURS…LATER GANG NOT MUCH OUT THERE YET YET!
    4 points
  9. There are several articles touting how wonderful it is that the Chinese have "unpegged" the Yuan ... I've gotta' tell you that the Chinese concession to allow it to increase 6% is simply a ploy, as far as I'm concerned. Those who scour DV will tell you that I am not a nay sayer so hear me out. The problem for me is this ... China does not let ANYONE bully them. Clinton and Geitner went to China apparently to smooth ruffled feathers over our Iraqi friends tardiness in RV'ing. When they left, China postured with the equivalent of "no one tells us what to do!" A few weeks later they are doing what Clinton and Geitner wanted them to do which was allow their currency to rise in value (RV). The Chinese came out and said, "OK, we are going to allow our currency to increase SLOWLY up to 6%". However, if you check their 52 week low and their 52 week high you will find that at the time they said this they were not at their 52 week low but close ... and it was 4.something % away from their 52 week high!!!!!! In other words their normal channel including the 52 week highs and lows plus approximately 1.5% is what they ultimately agreed to do to assuage the feelings of the rest of the world. To me that is typical China ... NO ONE BULLIES US ... NO ONE!!!!!! The reason neither I nor my group have invested in Chinese Yuan is that it's upward swing was estimated to be no larger than 9%. IQD is estimated to be in the 10,000% to 38,600% range and the VND in the 1,000% to 6,000% range. (I might have missed a decimal but you get the point) I don't disagree that the move is to start some kind of sequence or that it is a concession or that it is meant to put pressure on the Iraqis. I saw an article today that the IQD could take the US out of debt in 4 years ... I don't know how they figured that ... but I'm for it ... Folks I believe that it is going, that it is going soon, and that it will change millions of lives in Iraq and abroad ... I just don't believe that it is that big of a deal that I should go out and spend the money that I buy IQD every week (yes I do) on Chinese Yuan! Peace Doc31
    4 points
  10. I'm a legal American citizen and I must show my ID when: 1. Pulled over by the police. 2. Making purchases on my department store credit card. 3. When I show up for a doctor's appointment. 4. When filling out a credit card or loan application. 5. When applying for or renewing a driver's license or passport. 6. When applying for any kind of insurance. 7. When filling out college applications. 8. When donating blood. 9. When obtaining certain prescription drugs. 10. When making some debit purchases, especially if I'm out of state. 11. When collecting a boarding pass for airline or train travel. I'm sure there are more instances, but the point is that we citizens of the USA are required to prove who we are nearly every day! Why should people in this country illegally, be exempt!!!!! Why shouldn't we guard our borders as closely as every other country in the world does? Go ARIZONA !!! Only 68% will send this on... Should be 100%! BET YOU'LL SEND IT!!!
    4 points
  11. I just hope Parliament doesn't have to vote on what time the RV gets announced.
    4 points
  12. WOW!!!!!!!!! You are fast!!!!! I just came over 10 - 15 minutes after the presentation and you already had it complete ---- now I'm very very impressed! Thank you again and speak with you soon, Best, Scooter
    4 points
  13. GOD has control over all of us and if you don't believe it your on your own.
    4 points
  14. Iraq Parliament resumes July 17: al-Maliki, Allawi meet tomorrow - 27 June 2010 al-Sabah News Post: by nadinelaw - zzz Political first : Parliament resumes its open on 17 of the next month Sunaid: al-Maliki, Allawi meet tomorrow BAGHDAD - morning Scheduled to resume its Open House on 17 of July, while the prime minister will head a coalition of law Nuri al-Maliki and President of the Iraqi List, a meeting tomorrow is likely to go out to important results in the way of forming a government of national partnership. He announced the leadership of the coalition of the rule of law Hassan Sinead, the "morning" for a political agreement to resume the open meeting of the parliament on 17 of the next month. It is worth mentioning that the parliament held its session on January 14 under the chairmanship of Dr. Fuad Masum, as the older, now that the new deputies section in both Arabic and Kurdish, with the exception of the owners executive positions, lifting infallible meeting and kept open until the agreement on the three presidencies (the Republic and the Cabinet and Parliament ). Sunaid referred to efforts currently underway by the coalition and some political parties to comply with the time the constitutional label the presidency of Representatives and the President of the Republic, and then formation of a government, pointing out that the National Alliance, held last night the first meeting at the house of Dr. Ibrahim al-Jaafari, during which a positive outcome on a mechanism to choose a candidate prime minister. Sunaid also revealed that al-Maliki will meet with Allawi in the latter's office tomorrow for a return visit by the President's Iraqi National List coalition, the President of the rule of law two weeks ago, noting that the meeting would address several files, including support for the political process and government formation. http://translate.google.com/translate?hl=en&sl=ar&u=http://www.alsabaah.com/paper.php%3Fsource%3Dakbar%26mlf%3Dinterpage%26sid%3D104935&prev=/search%3Fq%3Dal%2Bsabah%26hl%3Den%26rlz%3D1T4TSHB_enUS286US286&rurl=translate.google.com Remember, they are still holding some sessions and deliberations. They passed the 2010 Budget this morning. I'm wondering why Allawi is willing to meet with Maliki - some news articles indicate Maliki is trying to get Allawi to meet with him. All news is suspect - as far as I am concerned...JMO...! - - - RON
    4 points
  15. 97% of the "scam alerts" on the internet are about counterfeit IQD. Everyone says to stay away from ebay yet many responders bought off of ebay checked their purchases and are satisfied that they are genuine. This poll does not include the sale of Saddam Dinar which are NOT counterfeit but real colored toilet paper because they are no longer a currency. Advice is rampant about how to buy off ebay and the internet ... only buy from "reputable" vendors ... only buy from large volume vendors and the like ... of course all of those dealers were little vendors at one time ... meaningless. With enough cross sample I'd like to look at "why" it is such an issue on the internet ... i.e. who is producing all of those negative postings about the IQD being a "scam". Thanks for your participation in this poll! As always ... Peace Doc31
    3 points
  16. Frank26 Post: 28 June 2010 - KTF Missions Good evening Family, My post tonight is coming to you from a different angle. Hi Frank……what do you know? What do you want to know? As much as my heart is willing to share what little bit I know outside of the world of articles……I cannot help but wonder why it is demanded of me at times. What do you mean? A barbaric act was thrown in my direction last week all because of an ugly whisper. Articles are the lifelines that feed information to us on our investment. I have shared how and which articles to pay attention to……..but one or two wish not to pay attention. I tell them to wait three days and true colors are revealed because they do not possess an intel source that supplements the article……three days later. So much for the whisper that cannot be patient so he opens his mouth and tells me to kiss his donkey as he guarantees a prayer for me. Fascinating. The barbaric act is impressed that I can inflate a dingy with one single breath of hot air. I am not a Christian in his eyes but a champion of pumping. For 5 days straight I go on a campaign to remind everyone…especially newbies….to ask for their discount when ordering from Ali as a KTFM member. Oh yes ……..poor Frankie he gets over 100 calls ……….but no one knows that 100’s told me that they didn’t even know of this discount. So instead of seeing the care that I showed by reminding those that lost their discount………to him I am an evil pumper of dinars. Fascinating. Personal intimate conversations within my admins/mods in a skype room are twisted and used as evidence to show that KTFM administration is disintegrating and against Frank26’s vision to go to the four corners. How does one mend a broken heart? By staying in constant prayer of Faith…..so I do. I am constantly criticized………copied and pasted …….and supremely judged across the internet. I love my admins and we had a wonderful board meeting last night. With or without the criticisms………I am going to the four corners of the world with KTFM. We are going to do this as God is about to transfer wealth for a Season. Family……….it is the Season. Just because I have connections that share knowledge with me…….where is the logic in exposing 100% of what I know if it can be harmful to our country? Where is the courtesy when it is demanded from me because articles are not suffice and leave most hanging from the rafters of confusion? Is it that important to know every detail at the cost of my safety and my team members? Let me give you what you want so that you do not have to whisper such barbaric thoughts…….. A long long time ago in a land far far away……on a Blue Couch where Knarf bled for the first time ………..A met M in his office. (Faith is a hard thing to ask especially from a human………for those that have Faith in the way I share intel with you mark down on your calendar that I bled today……..when we meet I wish to tell you about this extraordinary event). Knock knock…….yes Saddam……..I mean M……..come in I have been WAITING for you. Hey buddy…….what’s up? Hmmm……..not you. I know I know……..could you please give me a little something……maybe Minister of Sewer? No………that job is too important for you to be responsible for it. Oh man are you bringing up that electric stuff again? No…..you just did. Oh please pretty please with sugar on top……give me some position. Interesting how behind closed doors your tone of voice changes. Tell you what………get on your knees and kiss my ring. Don’t over due it………that’s disgusting. Yes Sir yes Sir! Now we have to be cool about this so we will tell them we will meet tomorrow……….and you are going to get this but not that……..UNDERSTAND? Yes Sir yes Sir. We are smoking the salmon……….I mean the articles for today. Thank you A……..can I just ask one more question for my cousin and my. Don’t push it. Yes Sir yes Sir. Now if this were anywhere near the truth you would have to ask yourself what is the next step? IMO……..the GOI moving forward. If it were true…….what was the deal made? As the days go by we would learn…….wouldn’t we? Just don’t read the articles from today. Oh…. to the article junkies……stick with Al Jazeera or the Wall Street Journal or the BBC or the New York Times or if you get desperate enough……try Mad Magazine. Let’s go back to this land far far away because it is the only place where the HCL could be completed by including Article 140. The only way this could happen is if the Kurds were in control of the future direction for Iraq’s oil production. This land has phrases like ………..Kurds are in control. Nothing more needs to be said but some demand to know more. You know………like details and all because they do not have an intel source. More the better to be patient and to be grateful for whatever knowledge there is. It’s not just for dinars ………nor is it just about dinars. Well Saint Frankie baby ………as I am called by one of my favorite forums…….LOL……….why don’t you tell us what is going on with the oil fields in Iraq? Because there are many innocent people being sent over by the boat load to begin the second phase of oil production from the recent contracts that were signed. With meters and military security protecting these company’s investments I have learned in the latter days not to say much as we simply await. One can worry himself to the point of ulcers wondering when the RI will happen. One can also have enough Faith when I tell you that the mechanics for the RI are 100% done. Okay so the pretty girl said yes to going to the prom with you…….allow her time to get dressed up. These fields are jumping with activities. This post is from another forum from last week. Sorry for that people. Too many miles with no sleep. This is what I meant to post. Frank, thanks for your post, very informative. I just thought you might like to hear, beings you mentioned the oil industry. A funny thing happened yesterday, on our return trip from R-R. After we arrived at BIAP ( Baghdad International Airport ) . While in line awaiting our visas, which took over 3 hours and they knew we where coming into theater, they processed everyone else ahead of our charter, even the ones who arrived after us ! That's another story. We shared the waiting area with around 30-35 Chinese, all men, only 1 woman that I saw. One of my co-workers asked them who they worked for, they responded " A Chinese oil company". I took this as another positive sign. They are getting people in the country to get the oil pumping !! Pump baby pump !! Go RV. Thanks again for your posts !! We all know that GE will be doing the electrical work in Iraq. In this land far far away GE was paid in IQD’s last week. Guess what rate they used? Well in this land of the lost ………..nothing is lost. Now here comes the part where it will be whispered ……….what was the rate?!!! And this is the part where I say…….go outside and get me a stupid stick to hit you with. Then you say …….well why did you even bring it up to tease me Mr. Pumper? I didn’t………until now to illustrate the point that I say very little nowadays…….in the latter days. But since it is a make believe land ……make believe that it’s my area code. I know I know …………how do I know that? Remember in this land there are no links ………it is called intel. GE built one generator for them. They will build three more ……..later. But let’s stay in this land and talk about it. Last summer in a real land ……….KU was making a stink……… which triggered four oil companies led by China to rewrite their contracts. Iraq said they would not honor them so they wasted the summer dealing with ………KU’s complaint. You see KU is special in this Saddam tragedy so they are treated with kid gloves. KU got their borders back……their dead back……..some special crates with shiny metal in it and one loud stipulation for the IQD/RI. They said the IQD could RI as long as it did not come out 1 penny higher than the KU dinar. KU is at 3.44 so 3.43 would be good wouldn’t it? But what happened to 3.22? I guess they forgot about the 20% that will be added to it. But that comes out to 3.86 …….how do you get 3.41? Who said 3.41? You just did. Getting confusing isn’t it? And this is the real land. Family I apologize for being defensive today. I am trying to find a way to please everyone and struggling at it. There was only one Savior and He could do so much. How inconsiderate and naïve of me to think that I can satisfy all of your questions. I told AQ today that unless she loved salmon or beef jerky…….we better get used to the smoke that they are throwing at us with articles. Not only do they contradict each other or reveal limited info but they also cause some to demand what else I know. IMO there is no need to share the obvious. Friends………OUR EMINENT TRYING PATH NOW HAS AN EMMINENT ENDING. Can you please be patient? Let us let go of our stubbornness and instead generate more Faith. The CBI is stubborn at 1170 where the rest of the world is between 1000 to 1100. They are not in denial they are just smoking the MEAT. Let me finish with some odds and ends. The reason my team felt that the 30th would bring the RI is not just because 90 to 93% of the 000’s have been lifted but also because on July 1st ……it is the start of the fiscal year. Last night they gave me their next projected date. Notice I never gave you June 30th because I do not like to give dates. I have done it twice in the past and refuse to do it again. So why am I giving it ahead of time now? To prove my point to you and my team that I do not believe it will happen at the end of this month. Never have. I know that 1…..2…….and 3 are done and that the budget is open. But as they still hide their elected officials which was part of 2………IMO…..they still hide the rate regardless of 3 being done. The IMF is giving loans in the way that you keep a dog on a leash. Give them so much but not all of it. Let them bark all they want at each other……….but not bite the hand that feeds them. IMO…….you are about to see the IMF call upon Cesar Millan the Don Corleone or should I say………the Don Whisperer. IMO……they do not like M. IMO………they will define the latter days next month. Tomorrow I will give you a breakdown of what I THINK is going to happen for the last 6 months of this year. I have told you before that logically they should give us 30 to 60 days to cash out. Therefore take away November and December ……so tomorrow I talk to you about the next four months ………or less. God only knows……..I sure don’t. But I am very confident about the rate that I constantly stand by. MEERCAT……..I pray by Faith. You must find the Faith first to have your prayer answered. Please dear friend do not go to hide from God where darkness goes to hide from darkness itself. That’s too far away ……….from the Light of God. You do not wish to pray because you feel it won’t do any good. Fascinating……..you honestly feel your Father who created you and spoke with you before you came to this world…….does not hear your words today? Do you have children? When they call you ……..do you tell them you are too busy to listen to them or do you drop everything to find the time for them? Tell you what dear brother………think of the people from Anacortes……….down in the Gulf coast area who lined up on the shores to pray as one. They asked our Father to intercede the hurricane that was about to slam into their faces and the oil disaster. Last I heard………it worked. Faith is a learned discipline. At our age we may also have a tendency to forget about it. If I can be of any help to you to rekindle this Faith……..I am here for you. I love it when God breaks me down. He did that to me this weekend. BLESSEDMA1 ………thank you for the Spiritual enlightenment. I need for you to share with the Family what happened to Frank26 and TINK this weekend. I will leave it in your hands to share all or a part of it. You are welcome to post the link where they can witness………what happened. If they have to purchase the cd then maybe we can figure out a way to have a copy put on my post. Let me know but either way ……..tell the Family of our Supernatural Miracle. Family as I told you…….. mark today on your calendar so that I can tell you the day we meet……..what happened to me today. I leave you in peace Family and suggest a path of noble character for all of us. With every breath……give God the honor and glory. Love each other and above all …….love our Father. God makes it easy when He comes knocking on our door. But if you do not answer……….it will fall on you to find His door before it closes for an eternity. Make peace when needed because there will never be peace on this planet as long as man populates it. As humans we are not perfect but we better darn well strive for it every day. If not……it can only lead you in the opposite direction to imperfection. God don’t play that. My TINK today called upon the Lord asking no weapon to be forged against the both of us that would prosper. So with that in mind: Hi Frank……..what do you know? Hi………all I know is that I have Christian love and want only happiness when devastation whispers in my ear. When you go through the fire experience in your life……..it forges the purity of your golden heart. At least……..IMO. God is installing His Glory in you………let Him. God bless you all. My respects …….my honor to you. Aloha. KTF, Frank
    3 points
  17. I've always told my dinar group that if you believe 1% of what the Iraqis say ... that you are way out on a limb by yourself! Thanks for the post
    3 points
  18. DV Team, Thank you all for the comments --- you certainly have a great core group here and I read every single comment!!!!! Keeps me "Digging" for more! Now, just a tidbit of info -- It's not PowerPoint!!! I just so happens to be "SnagIt" software --- a little raster capture tool. Finally, to the important stuff! THE GIFT BASKET ---- CAN YOU PUT THOSE LITTLE BOTTLES OF ALCOHOL IN THEIR? Just kidding and thank you again for the thought! Have a great day, Scooter
    3 points
  19. Monday, June 28, 2010 12:13 GMT Al Iraqiya leader Iyad Allawi affirmed that the government formation will be delayed since some parties are depending on which party is the largest. In an interview with English language Emirati Gulf News, Allawi stressed that no article in the Constitution stipulates that the party formed in Parliament would be considered the largest. Al Iraqiya leader underlined the necessity to form a government that takes decisions on the basis of partnership, trust and joint political program. This government should be more than just a national partnership government since Iraqis are in dire need of decisions and solutions on the security, economic and services levels http://www.alsumaria.tv/en/Iraq-News/1-51059-.html
    3 points
  20. Let me begin by saying thank you to all the responses, much more than I expected. This may run on so I will apologize for that, but this is number 100 and I might as well make it worth it. Gram51 and Niko: Ty you for the compliments. Breatheasy: very good responses Ty also. Sessi: ditto. “Ignore these people....they have always been wrong....put this in a safe place and take a walk....its not a scam and it will pay....check the conversion rates once a week...and chill.....” Wckdinar: did that years ago, to be honest I haven’t even seen my dinar since 2006, they are locked up. Soldier: I appreciate your point of view and let me say thank you for your service, I was a member of the 509th bombardment group in the eighties and have also done my service for the country I love. I do how ever have a question for you, if all of the information you garner is in the news section, this post was in the rumors section and has since been moved to the question and answer section, so how did you come across it? I don't need "E, Terry, Sonny, Kap's opinion on the matter. I come here for the articles. I also know for a fact that nobody in the "Chat" room has any information. Its in the articles not the chat room. The quicker you figure that out the better off you'll be. Now thats some information you can take to the bank. You stated your opinion let me state mine; I too come here for the news and read the articles, I then move to the chat section to see what other’s opinions are on the news, then I will peruse the rumors and off topic sections for entertainment purposes. I may or may not respond to them depending on my mood that day. Here is the way I see these items: 1) News; articles with links and “just the facts ma’am”. 2) Chat logs; other people’s opinions on the news, very rarely do I pay attention to dates and rates of anyone other than Adam and Sonny1. Although lately Scooter’s information is hard to ignore with his supporting data. Whether you agree or not they each bring a different perspective to the news. I for one need those perspectives because some of the articles are hard to follow because of the translations. I very rarely bash a “chatter” for their point of view, although I did find the “going to do a TV interview” post very haughty, self righteous and completely unnecessary. 3) Rumors section; “rumor” should be enough said. 4) Off topics; fun for a laugh or to get peoples blood boiling depending on your point of view. My question was asked for this reason, I have seen many predictions since joining this site, and it just seems to me that all of the “gurus”, whether self appointed or not, were all within a time frame that I have not seen since joining, including Adam. The first prediction I saw him post was for the middle of June, which give or take 30 days puts him in line, or better yet the others in line with him. I am a “newbie” to this site, but not to the world. I make my personal opinions based on information I gather, but I must have all of the information I can acquire, to make a sound judgment on what my opinion is going to be. That information may be relevant, irrelevant or bad, but it is up to me to sort it out and filter it through my on judgment system. This question was posed as a way for me to gather more information, and it appears that in the past such alignments have happened. So taking that into account, I will drop that as one of my reasons for believing the RV will happen this summer. Again, thank you to all that responded: God Bless. John 15:13
    3 points
  21. If you are talking about Sonny1 and his info, it is July 26th. lol
    3 points
  22. brichards513 you are so very correct when you say scooter is impressive with his research. There is no doubt that fellow has gone research crazy and is giving all a show and believe me I read and re-read his posts. He is very much showing me information that I have never seen anywhere else. I really wouldn't know what kind of title we should give him either.. I'd never insult him with the title guru. He works hard researching obscure information that we should all be finding and then he breaks it down for all to understand. Senior Researcher sounds good!! I just call him Mr. Scooter when I talk to my little circle, Mr. goes pretty good around a bunch of Texans. His work is stellar there is no doubt of that. I just can't say enough about the guy. GG on the other hand has her position by doing the same hard work. She has been doing it for a long time but what she does have is contacts that are serious. She does her stuff but adds what she hears from those contacts and believe it or not these two people are walking down the same path. They are coming to similar conclusions and that is very encouraging.. I just spent a goodly amount of time reading scooter's latest post and then referencing against GG's and they are the same but getting close in conclusions. My head hurts. Yeah I had my opinion about the rate because of the peg to the dollar. That is in direct contradiction of both GG and scooter and tell you the truth I hope and pray,pray,pray they are right. Shoot I don't know as much as these guys. I used to dig like scooter but I have reached my limit with it and I still look around but I have read so much and thought it should have RV'ed before now only to realize the politicians are the hold up. Nothing I hate worse than a bunch of self serving politicians screw their people over like these guys. Those people are in such a desperate way and our country has paid such a high price and to watch these jokers do what they do drives me crazy. So I kinda backed up on researching cause I just needed a break. My opinions are probably a bit dated but WTH I still know a thing or two!! Well again I thank you for the kind words and if Trimark reads this I bet he/she will do so as well. We are all in this together and I know my motivations are to help folks understand as best I can. So if I can ever be of service ...just holler!! I'll be around! If I can't answer a question then we'll go bug scooter cause he'll know! He's really smart.
    3 points
  23. If we pee'd on our bosses desk every time possum told us a rv date, we would end up getting fired 12 times a year.
    3 points
  24. Funny, another 20 day increment, hell even a broken clock is right twice a day! Possum you have passed the point of guru and entered the title of class clown. Time to pack it in bud.
    3 points
  25. This is obviously not a new consideration on this site, but at this juncture, maybe it bears repeating. Particularly given the possibility that we are on the doorstep of the IQD RV, can you imagine the cost to Iraq if the near certainty of this event became the common belief of the world's investment moguls? From the Iraqi perspective, if I were in charge of the currency revaluation, I would seriously consider pumping out as much disinformation as possible before all that dinar we reclaimed is back out there again. In that sense, don't you think we all ought to be taking negative articles at least with a grain of salt? Just a thought. cheers, Maynard
    2 points
  26. Hi All, I'm sure this has been both asked and answered before, but an anyone from off the street make an investment in the IQD without having 'secretive' connections? I'm really new to all of this and found out about this GREAT opportunity thru a business associate who seems to have ties to some pretty connected folks. The claim that was made was that because of this strong relationship, we would be able to 'cash-in' (so to speak) on the day that he made his appointment with the bank as opposed to waiting a much longer period if we were to try it on our own. Can someome please add some validity to this or better yet, provide some clearer direction as far as where to order IQD from and what the next step would be once the currency RV's? Many, many thanks, A somewhat confused and about to be ticked-off individual (I think) Doc
    2 points
  27. Here is Part 2 from the 2 hour conference call. In this part they opened the floor up to questions. Question: If they don't RV by end of month, do you think Shabibi will just go ahead and do it himself? Enorreste: From Terry K's intel - as long as Maliki is in power, no, but if there is every indication that Allawi is in control, then he will. If on his own, Shabibi would have done it already. He told IMF in February he was ready. Tess: Chapter 7 is gone already just hasn't been announced. We know because of all the commerce going on. It isn't going to be announced as gone until Maliki is gone. No one wants Maliki in power except Maliki. Question: I just got off the phone with my Buddy in Iraq. He says the latest from there is that IMF said they will not loan money to Iraq if Maliki is in any position. Allawi and Talabani will be sworn in today. Enorreste: I meant to say earlier that I think Talabani will have to step in if Allawi can't get this going in the next day or two. Question: Why isn't the UN and IMF controlling when the RV is released since they are the one that imposed sanctions? Tess: UN and IMF can sanction the RV and will need to approve it but Shabibi will request it. I believe there is an absolute date of the RV this week. Question: I believe the only thing keeping the RV from taking place is the stability of the PM spot. Thoughts? Experts: We agree. Question: Who is in charge of the military in Iraq? Enorreste: Maliki. That's the fear and that's the problem. He doesn't want to give up that strength until he has to. Randy: The questioner pointed out a two-fold problem - 1) the Iraqi government is struggling and 2) the US isn't standing behind that government. Obama said yesterday they had a plan to reduce the debt totally. Obama and the US need the RV as badly as anyone. If not, we would have backed out of Iraq already and just let it go. Question: For dinar to RV it had to reduce it's liquidity. Why doesn't that same principal apply to the VND? Enorreste: I don't follow the VND that much. Tess: Vietnam is the 2nd lowest valued currency in the world so yes, they would want to have the liquidity taken out, because of the support of China they can't afford not to go now even with the liquidity issue. If not for China and they were having to go it alone, that would not be the case. RV4Me333: China yuan is worth .14, Vietnam dong is worth .0005. Whole reason China is highly motivated for dong to go is that it benefits China. Tess: China will NOT move unless the dong moves. Vietnam can't get rid of the liquidity and if they did they wouldn't RV at a rate that was beneficial to the rest of the world and China. Vietnam is willing to move to a rate that is near China's rate. Question: Why would China be influenced by Vietnam? Enorrste: It's relative. Tess: Economically speaking the only competition has in the world today for the manufacture of goods is Vietnam. Yes, Vietnam is smaller but it's taking jobs from China right now. Enorreste: What if Wal-Mart went from China to Vietnam to get it's goods? It would really hurt China. Question: Followup - what do you think the VND will RV for? No one wanted to say or guess on this. Tess: I see it around .05. Randy: I see it as half of one cent. That fits with their currency as it is now and it would be easy to implement. Enorreste: China is going to RV bigger but is going to do it on it's own terms. Statement from the Forum: bgpatton says one of my contacts has said the RV was decided at the g-20 in the back rooms. Everything coming from the news in the next few days is a smokescreen. The real info is the push for Iraq is to be completed by the end of month. Question: What are two things we should watch as investors this week? Tess: Prime Minister is both first and second. Enorreste: I think this is already a done deal. It's just a matter of when it's going to be announced. Tess: Me too but I think it's going to be PM announced first, then RV. Question: You spoke earlier about the security risks to Allawi. Wouldn't the US or UN step in and protect him and the members? Tess: Yes. I think that's very necessary. Maliki has absolute control over the personal guards and are prepared to die to accomplish whatever he is asking them to do. There is no doubt in my mind that if we don't step in that whomever is the 2nd in command will be PM shortly. Enorreste: US and UN is trying not to interfere because they are standing back to let democracy work. Question: Is Allawi still in protective custody? Tess: Allawi has his own personal guards but it's limited in numbers. He is not protected by the military. Allawi is very brave. Maliki very much wants him dead. Question: Iraq is under Article 14 of IMF by their own choice. For Iraq to RV they need to be under Chapter 8. Enorreste: Yes. Iraq can move to Chapter 8 any time they want. They don't need to get the IMF to allow this. It's up to Iraq when they go to chapter 8. Question: Iraq has more control over this than people give them credit for. Enorreste: You're right. Question: At this point, where is the money coming from to keep their government going? People in Iraq are suffering. Randy: The guys that are in charge believe that people won't suffer in the long term. They need to make sure that the right people are in control when they do RV because the person who's in charge when they do RV gets the benefit of that for years. Enorreste: Randy is right. US found out that they got a bad guy in Maliki. They like Allawi and he is the US's guy. If Allawi has been calling the shots for the last 3 weeks - which both Tess and I believe - that's all with the approval of the IMF and the US. The powers that be believe that Allawi is going to be in power for at least 12 years because everyone in the country will be so much better off and will view him as a superhero. Tess: Maliki knows that too and that's why he's fought so hard. Whoever gets in now they are going to be in for a loooong time. Enorreste: Maliki had the power to RV in January or February but he didn't do it. Randy: I think Allawi already has it because the Ambassador announced him as PM Allawi. Enorreste: Don't be surprised if they make an announcement tomorrow or Tuesday that says Allawi is the PM. It's amazing how the three of us are all on the same page with the same conclusions and we all have different sources, etc. I think that's cool.
    2 points
  28. Subject: MSNBC's 1 question survey MSNBC has been viciously critical of conservative Americans, and conservative causes. They have an on-line poll asking if Arizona's immigration law should be on the books. I think MSNBC will be shocked at America's response... If you don't do anything else today, please answer this MSNBC Poll question and forward it on to as many people as you can. The silent majority must not be silent on this one. Answer This ONE Question! - Then Pass It Along! http://world-news.newsvine.com/_question/2010/05/13/4274124-do-you-support-arizonas-tough-new-law-on-illegal-immigration
    2 points
  29. 1.....2............3......... what are we fighting for? Don't ask me I don't give a damn... next stop is Vietnam (Dong) !!!
    2 points
  30. June 28, 2010 - 11:38:15 BAGHDAD / Aswat al-Iraq: Meeting between the head of the Al-Iraqiya Alliance, Ayad Allawi, and the Head of the Dawlat al-Qanoon Alliance, Nouri al-Maliki, is a pressure card on the National Alliance (NA), said an NA’s member. “Dawlat al-Qanoon should not have side meetings alone,” Qassim al-Aaraji told Aswat al-Iraq news agency on Monday. He noted that the meeting is a pressure card of the Dawlat al-Qanoon Alliance on other NA’s members, to accept the nomination of Nouri al-Maliki to hold the position of Iraq’s prime minister. The Sadr Movement, an important NA’s component, does not want Prime Minister Nouri Maliki in office for a second term because he runs the state within a security mentality, and does not trust him because he did not fulfill his commitments to eliminate corruption, the movement’s official spokesperson said yesterday. “Iraq needs a government that relies on mutual trust between all sides,” Sheikh Salah al-Obaidee told Aswat al-Iraq news agency. He noted that the Sadr Movement seeks consensus among political blocs to form Iraq’s new government. http://en.aswataliraq.info/?p=133801
    2 points
  31. Ahmed Ali Abrihi The analysis of the financial and monetary operations in Iraq, and consider carefully, and linkages within mechanisms governing them, leading to systematically understand the urgent need to change the financial system and the direction which will help the State in performing its functions in development, stability and equity. There is no doubt that the mechanism for the preparation and implementation of the financial budget of the State in Iraq is, in essence the same that took its current form early fifties of the last century. . But what is involved in the weakness and shortcomings were not his negative effects that become apparent in recent years and outlined by the previous studies cited by the paper and which will be referred to its conclusion later. . And for withdrawal of the state of the fields of production and productive investment, which accounted for a portion of foreign currency, in addition to other characteristics of executive power and the role of private sector, which crystallized in the greater part of the disposition of oil resources. That the legislation of balance of foreign currency, will develop, for the first time, an elected body and the government arising from it in front of their responsibilities to ensure the good conduct supplier of oil. It is found that balance how much is the custom of this resource for the import of the government and external payments and what imports for production and investment, consumption, and why pay a debt, 'the former and new how much is spent dispiriting foreign currency Aivadat various tasks. but also show that resource Mai_khass precautions official foreign currency. . Is it not necessary to estimate the financial authority foreseen addition to official reserves are invested abroad by their nature, but the government wants to know what the minimum reserves that can not go down below and House of Representatives as well, and what is the maximum for which to no need to overcome deduct more of its oil resources and add to it. will show the proposed budget amount that is sold by the private sector, and here highlights the importance of analyzing the private sector demand for foreign currency, and link the request to the investment activities and production Iztalaa and content of foreign goods and services in addition to consumer demand should be guided by Baltsanev relevant international for the preparation of Accounting Manual for this budget, including : International Standard Classification for Foreign Trade and Balance of Payments Manual, the Centre international investment, noting the international directory of government finance statistics. It is noteworthy that government spending in foreign currency is managed from this budget and it being the accounting entries, and sets aside funds in the currency of contract and estimated dollar values for the purpose of aggregation, with the addition of ad hoc changes in exchange rates between the dollar and other currencies. That the decision to borrow from abroad should be anchored in the mechanism of the preparation of the budget of foreign currency the proposed implementation and not, as has happened with the problem of financing the electricity and talks now going on borrowing from abroad, with total neglect of the actual situation of the balance of payments which is not generally the case in other countries. . And this budget prepares to deal with the masterly foreign investment and its effects on the exchange market, exchange rate and inflation. . Under the proposed new system would be spending KD axis current budget. And important statement of how to finance expenditure in dinars, where he was going and what to do and its relevance to development and stability That is what helps to remove ambiguity and confusion. The current financial system in Iraq Aiatni from within the mechanisms of funding sources for the maintenance of the Iraqi dinar and functions of macro-economic and its effects, is there a display of goods and services to absorb, and how to absorption, and the extent to offset this expenditure of real resources for production and productive investment and therefore should be reconsidered. It is therefore necessary to look after the budget of expenditure in Iraqi dinars detailed sources of funding in local currency, on different bases in parallel with the development of the information base for taxation direct and fees kinds. Appear explicitly, and not as being, the value of sales of foreign currency to the private sector as well as sales of foreign currency to the Bank Central to the promotion of international reserves. because the sales revenue of foreign currency to the private sector, real is carved out of cash in his possession and thus the course of the income, and also will be used for much of this in imports supply the display while the foreign currency sold to strengthen the international reserves of the Central Bank financed the issuance of currency exchange to invest in a abroad, and therefore impact inflationary. and so complete the tasks of institutional control over the disposition supplier of oil and improve access to it. have shown in a previous study that the proposed system is best suited to all countries that rely on oil or similar sources, the same degree of adoption of Iraq. I hope this proposal carefully the concerns of those who are really suffering, public affairs and eager to better the role of the state in the lives of Iraqis http://translate.googleusercontent.com/translate_c?hl=en&sl=ar&tl=en&u=http://www.almowatennews.com/news_view_5158.htm&prev=hp&rurl=translate.google.com&usg=ALkJrhilsBIp4Ylm3bFl2VydAIKq4atgoQ
    2 points
  32. Shadowm35 Rumor: 6/28/10 June 28, 2010 · Good Morning All, I received this in my mail this morning from someone who has been passing along information, some of you may have seen it already, some may not have. No link, just RUMOR and should be taken as such, most likely means nothing as with most rumors, but I did find it intresting coming of the G8 summit. Take Care, JJ wow, I am on a very powerful phone call:People on the call have been taking calls from Iraq and from contacts at the IMF. First of all, yesterday even local people were running to check what the celebrations were about, b/c they too are waiting and watching for the rv. There were a couple of other stories . . . that show the Iraqi people and gov’t are also waiting. Two groups of people in the Iraqi govt have been paid now, but they were not paid w/ cash, they were pd on their smart card. it turns out the stability of the gov’t is in great question, Maliki has been threatening in a big way and at this time, Allawi and his peeps have left Iraq for safety — they are holed up in Kuwait. M has been told that if he shows up for the parliament tomorrow, they will put a hole in his head. But M is supposed to meet with A tomorrow. It is a 2 fold problem, yes the Iraqi gov’t is in trouble — the US w/ Obama in charge, is also running. Not supporting the fragile democracy . However, on our side, is the amount of dinars held by the US govt. Today O said that in 3 yrs the US would be completely out of debt, well the only way we’re getting $ now is with the RV. O was dissed at the G8 today . . . and was stunned to discover how little power he had. . . . but we are not the only ones holding dinar, consensus was that some of these other countries + Iraq’s own basic needs will take care of this, hopeful consensus is that it will be this week. Just had another call, it has been decided behind the scenes, that the big push is to take care of the Iraqi currency — and the G8 is putting them in checkmate. All is already arranged, and it is definitely to happen by the end of this mo. OK I can’t read and listen and type, until later
    2 points
  33. If you really appreciate someone's post, then click the (+) sign in the lower-right corner of their post. Thanks, K98!
    2 points
  34. TerryK Chat: 6-27-2010 posted on CC Post: by InfoGuru-zzz . Just out of the chat room: [terryk] ok all [cessie] dinarforever Why? Read articles and see that there are only 2 steps left to an rv. [terryk] can i have the floor [terryk] I HAVE JUST CONFIRMED THAT ALI WILL BE HERE TUESDAY NIGHT [terryk] SPECIAL CONFERENCE CALL IN [terryk] THERE WILL NOT BE A CALL TONIGHT [terryk] IM CANCEL THE CALL TONIGHT [terryk] Call # deleted [terryk] IS THE NEW CALL IN [terryk] FOR TUESDAY [terryk] NOW I WANT YOU ALL TO HEAR THIS [terryk] THE COMMENT THAT WAS MADE TO ME WAS THIS [terryk] THIS IS THE PERFECT TIME TO TALK TO THE PEOPLE [sonicamp] TK at what time [terryk] 10 EST [terryk] ALI WILL BE ON FOR AN HOUR OR SO [terryk] MAYBE LONGER [terryk] KEEP THE QUESTIONS TO HOW BUSINESS WILL BE DONE [terryk] WHAT HE IS OFFERING [terryk] NOT RATE AND DATE [terryk] OK [terryk] Conf. Call # deleted [terryk] IS THE NEW CALL IN [terryk] FOR TUESDAY [terryk] NOW I WANT YOU ALL TO HEAR THIS [terryk] THE COMMENT THAT WAS MADE TO ME WAS THIS [terryk] THIS IS THE PERFECT TIME TO TALK TO THE PEOPLE [terryk] WITH ALI TERRY GANKANS AND ENORESSTE [mybreadcrumbs] so we still get special treatment when we call ali for appointment [terryk] GET WITH ALI [terryk] I INVITED HIM BUT WE HAVE TALKED ABOUT THIS IN THE PAST [terryk] WHEN IT WAS RIGHT TO COME ON [terryk] ALI SAID IT (the Time) WAS RIGHT <-------------------- RV Timing??? [terryk] TO BE HERE [terryk] AND WANTED TO THANK ALL OF YOU AS WELL FOR BUYING FROM HIM [dinarforever] Elvis hmm i am sure Ali knows something [terryk] THATS WHY HE WANTS TO DISCUSS CASHING IN <------------- RV timing??? [terryk] GET IT [terryk] CASHING IN *************************^^^^ Personal CC Info Deleted ***************************** [shanny] [terryk] later all [terryk] keep the faith
    2 points
  35. FACT is that we all believe that it will happen. When, we don't have a clue. FICTION is that Iraq has a clue what they are doing today. Keeping this in mind, it could happen today for no specific reason just as easy as it will not happen today. Lets just keep our fingers crossed that it will happen sooner vs. later.
    2 points
  36. http://www.aknews.com/en/aknews/4/159261/ Official: Kurds intensify talks with a bloc which names PM Monday, June 28th 2010 4:19 PM Erbil, June 28 (AKnews) – Kurds want to intensify their negotiations over the Iraqi government formation with a bloc which will name the next Iraqi Prime Minister to make sure that Kurdish demands are fulfilled, a member of a Kurdish blocs delegation in Baghdad to hold negotiations with other Iraqi political blocs, said Monday. "Kurds need to be ensured by the next Iraqi PM about the fulfillment of their demands" Aref Taifoor said Monday. The negotiations held between the Kurdish delegation in Baghdad and other blocs has mainly focused on ways to agree on the sovereign posts and Kurds share in the new government, according to Taifoor. However, he said "we haven't reached any agreements so far, and we do not expect to reach an agreement in this week, because it is not clear which bloc will name the new PM" "As soon as it is clear which bloc receives the PM post and the posts of the parliament speaker and his deputies is settled, we will intensify our talks to receive guarantee of fulfilling the demands of Kurds" the politician concluded.
    2 points
  37. Conscious / Kurdistan Alliance welcomes the announcement coalition rule of law to give a written commitment to the application of Article 140 Post: by Barbara - zzz Conscious / Baghdad / u. K Al-Iraq News - 27/6/2010 @ 7:15 pm A member of the Kurdistan Alliance MP Sami Shoresh talks Kurdish groups in the first round with a consortium of state law and the Iraqi List positive and constructive. The Shoresh In a special statement (and the Iraqi News Agency Information / INA) that "there is converging views between us and the lists have been talking about how to form the next government and resolve outstanding differences between Baghdad and Arbil, and the emphasis on the application of the constitutional requirements for component Kurdish and how to work on the development process democracy in Iraq and overcome existing differences between the blocs winner. He welcomed the announcement Shursh member of a coalition of law Hasan al-ready list, which confirmed the signing of a written guarantee with the Kurdistan Alliance on the application of Article 140, which is one of the most important issues for the Kurdish blocs, He called the rest of the political blocs to be working as an act coalition rule of law, at the same time wishing to have this happen declaration on the ground and not just be a public speaker. http://translate.google.com/translate?hl=en&sl=ar&u=http://al-iraqnews.net/new/political-news/14651.html&prev=/search%3Fq%3Dnahrain%26hl%3Den%26client%3Dfirefox-a%26channel%3Ds%26rls%3Dorg.mozilla:en-US:official%26hs%3D6EN%26sa%3DG&rurl=translate.google.com This news is not good for Allawi & Iraqia List - if the Kurds join with Rule of Law, he will not have a chance to form the gov't. I'm seriously concerned that this will delay things a bit longer. More confusion & delay. God help us all...! RON
    2 points
  38. the tax break iraq is offering to investors is common for emerging countries. some balkan countries are offering 7 year tax breaks to investors. iraq offering 10 years. it's a good step, but weak without a internationally recognized currency. it's the next step.. June 28, 2010 Investment Authority confirms readiness to provide all guarantees for investors and companies بغداد ـ الصباح Baghdad morning The president of the National Investment Sami Raouf Al-Araji fully prepared to provide all guarantees and facilities guaranteed by the investment law for investors wishing to invest in Iraq and in diverse sectors, including oil. He said in press statement MEMRI issued by the Information Office of the Investment: that there are privileges and facilities several guaranteed investment law in this area, including free entry of capital and bring him with benefits in cash from Iraq with an exemption from fees and taxes for 10 years and other benefits accorded to investors, indicating that the Investment Law and its amendments No. 2 in 2010 with the liquidation of the Investment Law No. 64 of crude oil for 2007 are an ideal situation and a new investor who wants to invest in oil sector. Araji said: the refining capacity to be achieved by refining the four proposed investment, in addition to the rehabilitation of existing refineries will have more than 1.5 million barrels per day, as well as the establishment of plants to produce electrical energy estimated capacity, with its 1600 to 1800 MW consumed part of it to run the new plants and other part In addition to the national grid. He continued: that the cost of investment in refineries, which seeks four new oil ministry to set up would be about 25 billion dollars, and that investment in refineries will be either through direct investment or the participation of the Ministry of Oil on the basis of partnership between public and private sectors. He stressed: The National Investment Commission is seeking with the Oil Ministry to contribute to the absorption of part of the unemployment through the operation of labor-skilled and unskilled, because these refineries will a revival in the field of oil refining which will reflect positively on the economies of the provinces which will be held where». He expressed the relentless quest to attract foreign investment in economic sectors for the country's oil sector, as well as the creation of real investment partnerships between the private and public sector Iraqis and foreign private sector. alsabah
    2 points
  39. Forgery gang nabbed in Muthanna June 27, 2010 - 10:01:08 MUTHANNA / Aswat al-Iraq: Police forces arrested a gang forging counterfeit currency in the al-Samawa city of the al-Muthanna province. “The gang consists of three members,” a local police source told Aswat al-Iraq news agency on Sunday. He explained that ID10 million in forged currency was found on the gang’s members. “The gang used to import counterfeit currency to al-Muthanna from other places,” the source noted. He pointed out that investigations are underway to reveal groups linked to this gang. Samawa, the capital city of the al-Muthanna province, lies 280 km south of Baghdad. MH (P)/SR http://en.aswataliraq.info/?p=133743
    2 points
  40. Iraq comes back soon advance agents of the State .. And employment subsidies Protection Network Launches Monday, June 28th, 2010 00:00 BAGHDAD: The Ministry of Labour and Social Affairs, the second installment of the benefits of social protection network, and set next Sunday as the date for the distribution of salaries of retired workers, while the Bank has announced that Iraq is about to hold a meeting in the light of setting a date for re-launch staff advances. The Director General of the Department of Social Welfare Aziz Ibrahim in a statement reported by the Centre National Media: "The department launched the beneficiaries of the subsidy benefits the social protection network for a class of men exclusively," pointing out that benefits the women's category will be disbursed through the Department of women's welfare. He added: "The review covered to receive subsidies is through the postal offices who do not have a smart card, and through the banks of the holders of the smart card." Ibrahim pointed out that the number of beneficiaries of the second installment for 2010 amounted to (70) thousand and (986) beneficiaries. Its part, the Department announced the retirement and social security of workers in the ministry that it will distribute the salaries of retired workers for the months of May and June on the Fourth of July. The general director of the Department and Agency Hussein Ali Mndan in a press statement: "The department will begin distributing the salaries of retired workers for the months of May and June the year 2010 through the post offices concerned, having completed all procedures for the distribution of salaries in coordination with the Centre for E-Baghdad. " He called Mndan retirees covered by a review of post offices competent for the purpose of receiving their salaries. Regarding the latest, it was announced that Bank of Iraq is about to hold a meeting in the light of setting a date for the re-launch staff advances. The general director of the bank Alckheon Zia in a statement that the amount of the advances that the bank loaned to beneficiaries during the past period amounted to two trillion dinars, which led to the halt of credit because they ran out of funds allocated to it, until the restoration of part of these amounts. He denied making any amendment to the amount of the advance which identified five million dinars for the staff and four million for the media and journalists, explaining that the Board of Directors of the Bank to hold a meeting is in the light of setting a date for the re-launch of advances. The Khyoun that bank branches in Baghdad and the provinces continues to grant housing loans amounting to 30 million dinars, the citizens who own pieces of land and want to build, according to the regulations approved. http://translate.googleusercontent.com/translate_c?hl=en&ie=UTF-8&oe=UTF-8&langpair=ar|en&u=http://www.alrafidayn.com/2009-05-26-22-07-53/17774-2010-06-27-23-16-37.html&prev=/language_tools&rurl=translate.google.com&usg=ALkJrhiGMrtcKOgTbGZvcBGiD5bT21YVww
    2 points
  41. Please refer to the attached, which Ali's organization e-mailed me when I inquired about the cash in process. I see no mention of a 2% spread; only the $150 per million IQD. Also, please take note of the form you must have completed upon cashing in, which is available at the URL provided. Let's go RV!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
    2 points
  42. I think it is a flat $150.00 on Dinar, period The 2% was on the Dong if it ever Dongs.
    2 points
  43. IMO ... I think it will happen at a time that most if not possibly all banks are closed. Probably on a Sunday right before Iraq banks open. That would cover about almost 99.99% banks to be closed globally don't you think? This would allow to start the day fresh and not have to worry about a conflict with any customers.
    2 points
  44. Trimark and Automag - This is my first post to the website - so I am as green as can be - but I have been coming to the DV site now for quite some time. It is interesting to read your comments back and forth regarding the RV and what level you both expect it to finally settle on. I tend to agree with both of you that gg's posts are very well thought out and it seems that she has her facts together. But the person who has gotten my attention lately has been Scooter with his in depth and thorough research. Not only does he do his research - but he posts EVERYTHING that he researches and provided links to documents etc. And from his chat earlier today - his number according to the documents he has researched is a value of $3.208 - which is according to the documents from the Ministry of Finance I think that he said. Also, he is holding on to the date of October 2010. I am all for the sooner the better the higher the better - but like most - it is time this roller-coaster ride is over so we can get the party started!!!!!!! Thanks to you both for all of your posts and your insights. I am enjoying reading and learning about this investment or ours!
    2 points
  45. Iraqi government to continue dealing with the IMF Tuesday, June 22nd 2010 4:13 PM Baghdad, June 22 (AKnews) - Iraq's government has decided to continue dealing with the International Monetary Fund (IMF) in a deal to benefit from the expertise of the IMF in the field of monetary policy, a financial adviser to the outgoing Iraqi government said Tuesday. "The government has decided to continue its economic relations with the IMF after Iraq ended all its commitment to Paris Club and the Stand By Arrangement (SBA) from the IMF in 2007," the adviser who preferred not to be named said. The government believes that there is a need for continued coordination between Iraq and the IMF to support its economy especially in the next period, and specifically in relation to the subject of public and economic policies that develop the financial situation in the country, he added. "The government's efforts aim at developing the Iraqi economy to conform to the nature of the global economy, "particularly the countries that were not subjected to economic crisis in Iraq." the advisor noted. He said Iraq needed more than 20 years to jump-start its economy due to the accumulation of economic problems. Iraq had ended in December 2008 its obligations of the SBA it had signed with the IMF in December 2007. The first revision of the SBA loan will be done during the second week of July 2010 and as soon as the review has been successful, Iraq could get the second installment of the loan amounting to $695 millions. Iraq has received the first part of the loan , about $440 million. rn/ry AKnews http://www.aknews.com/en/aknews/2/157503/
    2 points
  46. Ron thanks so much. As always! This article is enormous. Chief V posted something similar the other day in a chat thread and it looks like it is hitting all the news outlets now. This is the exact bribe I was expecting to bring the Kurds out of neutrality. I posted it in my long diatribe in the rumors section on June 16th..." A shakeup could be brewing". The longer this thing sits the worse it is for Allawi in my opinion unless the UN gets involved (which they might). The Kurds have reason to ally with the State of Law now. Obviously the wild card is still al-Sadr but I believe a bribe is in the works for their camp too. It will likely come in the form of one of three things... a power position for him or his young nephew/cousin, a voice with the military, or Jaafari or Mahdi handed the PM over Maliki. This meeting between Allawi and Maliki will be interesting. Maliki may tell him we have the Kurds now so please join in as a united front and take a high-up token position. Otherwise this could be a losing proposition all the way around if he refuses. Allawi obviously could continue his fight and risk upsetting the already disjointed people more. The UN doesn't seem to care who gets in. They just don't want Allawi and the Sunni's to boycott the process again. Allawi has some serious thinking to do here. The UN should engage as a mediator because a boycott will only lead to more sectarian division and will stoke the civil war flames once again. Unfortunately this had to happen to make progress. Somebody had to reach out to the Kurds. Remember... we ALL fully expected Maliki to win back before the elections. Allawi wasn't even on anybody's radar. We were fine with him back then. That was just February. As I see it, much of the news about Maliki is propaganda from sectarian media just are the articles about Allawi. If it were true I highly doubt he would still be alive today let alone a viable PM candidate. The press in Iraq has a structure like internet blogs... opinion mixed in with some half-truths from time to time. Maliki isn't a great guy but if you read up on Allawi you will find out some pretty disgusting things about him too. Sadr doesn't like Maliki because he turned the military against Sadr's forces. That was a bold move for the good of the country. There are always 2 sides to each coin. I personally like Allawi but it does not look good to me for him. Maliki's real task is to prove to the people he can deliver electricity asap. Just my opinion folks. I just see time running out for Allawi and his options and support are dwindling. If any of the horrible accusations leveled against Maliki are true... this would be an opportune time for them to arrest him. This will be an interesting next few days. Remember, the faster the government gets set the faster we get to an RV. Peace and blessings to you all.
    2 points
  47. Hi Niko, Yes, Ali has been on J4D chat & Neno's Place (DinarTrade Site) - months apart, to answer questions pertaining to exchanging IQD; but declined CC's request until the time was right. He now determined it is appropriate, but cannot discuss rate or date. I believe he wouldn't be allowed to discuss them even if he knew, because of his position as a Currency Trader - it would be illegal - like insider trading. JMHO...! I believe this speaks to Bright's (not so bright) Question and your answer to him/her. Blessings, RON
    2 points
  48. That should be carved into the marble over the entrance to the White House! LOL
    2 points
  49. Hey Brother Money is Money if all else fails fly to Kuwait. Don’t believe the hype. Just contact a bank that deals in World Currency and make you deals there. I am sure that you will find someone in your area that can steer you in the right direction. We are close stay the course, and do not lose direction. And the most important thing remember to turn your brain on when it does go down….. THINK don’t just do. Madman Out
    2 points


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