Leaderboard

This is based on recent presentations to the Iraqi people of how the new denominations will be introduced into the Iraqi monetary system. Some of the following information some of us may have already heard in bits but It explains how this will work and I think it is worth passing on. This information comes from the Office of the Iraqi Finance Minister and the CBI Advisory Panel. The CBI and Iraq Finance Minister plan to increase the value of the Iraqi Dinar and at the same time introduce the new smaller denominations by the end of 2010. They plan to fully introduce the new smaller denominations with the old dinar notes still in circulation and will gradually remove the old notes from circulation which are the 000 notes many of us hold now with the possible exception of the 1000 dinar note. Both the OLD AND THE NEW SMALLER DINAR NOTES WILL COEXIST FOR AN EXTENDED PERIOD OF TIME to maintain the stability of the economy and to help limit confusion. THE OLD AND THE NEW WILL BE LEGAL TENDER until the current bank notes to be removed are all removed from circulation. No time limit on this removal procedure has been mentioned. The new denominations are 1/4, 1/2, 1, 5, 10, and 25 dinar notes and possibly 1/10 and 1/20 notes or coins. The implementation of the new denominations points to a positive increase in the VALUE OF THE DINAR. Arinai also advises there is the possiblity the RV MAY NOT HAPPEN UNTIL AFTER THE NEW SMALLER DENOMINATIONS ARE RELEASED AND IN CIRCULATION ACCORDING TO THE CBI ADVISORY PANEL. So when we see the smaller notes being released we will KNOW THE RV IS NOT FAR BEHIND. The Office of the Iraq Finance Minister said IRAQ IS HELD TO SUPPORT IT'S CURRENCY AT HOME AND AROUND THE WORLD AT THE SAME VALUE and not to elude a further increase or decrease of the dinar according to the Iraqi Economy AFTER REVALUATION HAS OCCURRED. In ending the PANEL said ALL CURRENCY WAS ISSUED WITH AN OBLIGATION TO HONOR IT - ALL OF IT - NOT JUST CERTAIN DENOMINATIONS. I don't know about you guys but this info has answered some questions for me and shines some light on what we need to watch for on the coming of the RV. At any rate this is solid info and I hope it helps ease some worries some of us may have. I'm really feeling good about this deal and I will continue to do my best with the help of my good friend Arinai to bring you all the GOOD NEWS I CAN. Keep the faith family and we will talk later.

I have NOT made millions....however...I was told to buy the Kuwait dinars about 20 years ago and didn't listen. The guy that told me became a millionaire. About 6 years ago I was told to buy the Iraqi dinars. I thought I might be smart to listen this time. I was a skeptic but I am now ALL IN. After about 1500 hours of research.....I am 100% that this will happen.................and VERY SOON. And besides...show me someone that can't come up with less than $170 for 100,000 dinars and I will show you someone that is probably lazy. Have a garage sale...or skip the mocas for a few days...sacrifice a little. Here is the choice...buy dinars...or go to work for the next 20 to 40 years and get a vase and a certificate for all your hard work. Never has the statement " if your ship comes in...don't be at the airport" been more appropriate. POURITFORWARD

Iraq is approaching from the membership of the World Trade Organization 02/11/2010 21:36 02/11/2010 21:36 بغداد2تشرين الثاني/نوفمبر(آكانيوز)- قال رئيس اللجنة العراقية المفاوضة مع منظمة التجارة العالمية، الثلاثاء، أن لجنته توصلت إلى مراحل شبه نهائية مع المنظمة تقود الى انضمام العراق اليها قريبا. Baghdad, November 2 (Rn) - The head of the Iraqi negotiating with the World Trade Organization, on Tuesday, that the committee reached the semi-final stages with the organization lead to Iraq's accession to it soon. وقال صفاء الدين الصافي لوكالة كردستان للأنباء(آكانيوز) إن "اللجنة توصلت إلى مراحل شبه نهائية لحصول العراق على عضويـــة منظمة التجارة العالمية، بعد إن تم تجاوز اغلب العقبات التي تواجه الجانبين والمتعلقة بأمور فنية وتجارية بحته" . The purity of net debt to Kurdistan News Agency (Rn) "The Committee reached the semi-final stages to get Iraq on the World Trade Organization membership, after that was exceeded most of the obstacles faced by the two sides on matters of technical and purely commercial." وأوضح الصافي أن "العائق الذي يحول دون حصول العراق على عضوية منظمة التجارة العالمية هو ملف الديون العراقية، الذي من المؤمل أن يحسم قريبا وفق استراتيجة مالية معتبرة".حسب تعبيره. The net that "the obstacle that prevents access to Iraq's WTO membership is a file of Iraq's debt, which will hopefully be resolved soon, according to financial strategy, considering." As he put it. وأضاف الصافي أن "منظمة التجارة العالمية كانت في السابق متخوفة من خطط الحكومة في دعم الدينار العراقي، والارتقاء به إلى قيمة الدولار الأمريكي وارتفاع الفارق النقدي بينهما"، مشيرا الى أن "العراق يمتلك القدرة الجيدة في دعم الدينار العراقي، وهو مؤهل لأن يكون عضواً في المنظمة التي ستدعم التجارة في البلاد بشكل واضح ويرسخ الجهود التي تبذلها الحكومة في تطوير التجارة في البلاد". The net that "the World Trade Organization were previously wary of government plans to support the Iraqi dinar, and elevate it to a value of U.S. dollar and the high differential cash between them," he said, adding that "Iraq has a good capacity to support the Iraqi dinar, which is qualified to be a member of organization that will support the trade in the country in a clear and consolidates the efforts of the government in the development of trade in the country. " وكان فريق العمل العراقي للانضمام إلى منظمة التجارة العالمية قد تأسس في 13 كانون الأول/ ديسمبر عام 2004، وقدم مذكرة الحصول على عضوية المنظمة في 16 أيلول/سبتمبر 2005، تم اعتماد العراق مراقبا في 24 كانون الثاني/يناير 2007، وبدأت اجتماعات الجولة الأولى لفريق العمل عام 2007، تلتها اجتماعات الجولة الثانية عام 2008، ثم الجولة الثالثة نهاية 2009. The team was Iraqi to join the World Trade Organization was established in December 13 / December 2004, and presented a memorandum to obtain membership of the Organization on 16 September 2005, the adoption of Iraq, an observer in the January 24, 2007, and began the meetings of the first round of the Group work in 2007, followed by a second round of meetings in 2008, then the third round the end of 2009. وتم تأسيس منظمة التجاره العالميه TOW بموجب اتفاقية برتن وودز نهاية 1944 في الولايات المتحدة الأميركية، وتم تأسيس صندوق النقد الدولي والبنك الدولي بموجب الاتفاقية ذاتها، وتضم المنظمة حاليا ما يقارب 150 دولة. Was the establishment of WTO TOW under the Convention on the Bretton Woods end of 1944 in the United States, was established the International Monetary Fund and the World Bank under the Convention itself, the organization has currently approximately 150 countries. http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http://www.aknews.com/ar/aknews/2/192927/

Arrogant? No... Just FACTUAL. Thanks for the insult....next time you can answer your own questions. Phoenix

Please refrain from comments like these in this forum. This is for information not for commentary such as this. Take your opinion to the rumors section. The persons commentary at the end is one that has been in the investors arena since the beginning. And i would appreciate that folks mind their manners in the information forum. Thank You.

As I said some of us have heard some of this before but I have never had info on how they are going to do it until tonight. I actually got this news from my hero in Baghdad. We call him Arinai and I will leave it at that. If all goes well and we have a BIG GET TOGETHER after the RV Arinai will be there if you would like to meet him. I would like to add that he has NEVER BEEN WRONG on any of his information. Alot of times he gives me info that the media has not got here yet and you can ask around about that. Keep the faith, it will happen.

Phoenix, Many of us appreciate your insight and knowledge and want you to continue to contribute here at DV. I for one, look for your postings and want to know what your thoughts are.

I am feeling very patriotic today as I went to vote to hopefully start a change in this great country to get rid of the filth in Washington and in every state in this great country. I think of the people in Iraq that have suffered for hundreds of years by tyrants and this is there first time to experience freedom and look at the mess they are having to go through to get it. Look at how many of our great soldiers have died and there own and ours that still fight and risk there life to bring this gift to them. I have the greatest respect for our soldiers past and present that have paid the ultimate price for what we take for granted everyday. It makes me ashamed of how some of the leaders of this great country mock what the original founders of this great country died for to bring us freedom. Look at Iraq and all they suffer. We are in this for the Dinar but we must all remember the blessing we will all have because of the blood and tears so many have shed for us all. I pray, yes pray that it is not all in vain for the Iraqi people and all of us. So many can be blessed by this great sacrifice and we can all use it for good or the evil of the world can use it for more evil to curse our own great country and many others. All of the good people of this great country and all of the countries of the world cannot let that happen. We have to take a stand for what is good and right or our children and grandchildren will not be able to fix the mess we will be leaving them. It is time we remember and are not ashamed that God Blessed this great country.... call him what you want but in this country God Blessed it.... if you dont like it go back to where you came from..... I have so much respect for all of the great leaders on DV that are trying to guide and direct us. They are just like us people they want to help. Yes there are some with other motives but if the good people stick together we can get rid of them to. With this great blessing comes great responsibility not just for us but for all of the world.... I ask you will you be ready to do good with the blessing we are all about to receive? I pray the suffering will stop in Iraq and throughout all of the world... there is no joy in suffering... It is time to honor those that have honered us and paid the ultimate price for each one of us... Remember today is a day of change if you will stand up and be heard..... Just Do It..... God Bless America and our freedoms..... God Bless the humble people of Iraq and the rest of the world that suffer to have what we take for granted..... Semper fi.... to the greatest soldiers in the world.......

While the truth is hard to find, it is out there. It just has to be the number 1 goal. The agenda should be what is the truth about this investment. We should destroy all rumors, Intel, and lies. I include Intel because this is what a lot of people are calling rumors. In an effort to spread rumors people say just about anything and call it Intel. In many cases there is no intelligence in Intel. How about the “Intel” in the report that was circulating a few days ago that said Maliki was in the hospital, and that he was in a diabetic coma. Or the Intel that said the banks all know the new rate but they are not allowed to say? Or the Intel that says they released lower denominations. All of this really serves no purpose other than to frustrate the investment. I believe in the investment, and I will try to tell you the truth through out this series of post designed to debunk rumors. DON’T LISTEN TO RUMORS AND VERIFY EVERYTHING!!!! I know this is hard to do, but the aggravation of taking all the outright lies, (Oh I’m sorry Intel) at face value is discouraging in the long run! There is a good object lesson in the American news media. Fox News is basically conservative and republican in base. Sometimes they gravitate to the middle. MSNBC is ultra liberal and Democratic in base. CNN tries to be middle of the road but sometimes leans towards left depending on the story. The bulk of any story the news media reports shows a leaning towards their core beliefs and values. The last election in this country is proof enough for this alone! The same problem exists in Iraq today. If a part of Iraqi news media favors Maliki then the stories they release will be supportive of him. Other networks support Allawi, and their stories lean in favor of him. If you look through older post on this blog you will find news stories that came out of Iraq declaring Maliki stepping down, or buying property in England. These stories came from a section of Iraqi media who support Allawi. My mistake was to assume that the press in Iraq had the same agenda I had. My agenda is the truth. Nothing could be further from the truth than some of the stories coming out of Iraq. So now I am left to sifting through countless documents by the IMF, UNSC, and UN to find out what is really going on. If you look at older post in this blog and find news concerning Maliki or Allawi take it with a grain of salt and consider the Source. I will not change any older post. I will just count it as a good object lesson. What is the rate? This one question alone has been the source of many rumors. Speculation is all over the map on this. So I will break down why there are many different guesses on what the rate will be. Please keep in mind no one knows for sure and all this is guess-work. People guess by looking at what Iraq does, not what it talks about. Sometimes the guess-work comes from GOI or CBI press releases. 1. 1 to 10 cents. People who believe in this rate flip-flop back and forth from Lop to that rate. They argue that there is way to much currency in circulation. A high value in rate cannot support the amount of currency in circulation and even if this revalue thing happened in Kuwait and Germany they had a lot less currency in circulation. First there will be no Lop. More on this latter. Second the people who support this rate know there is around 25 trillion dinars. What they don’t know is not all the dinars are in circulation. If you go to the CBI’s web site you will discover that the coins that were minted are not in circulation and they have been removing the 25,000, and 10,000 from the public for over a month now. No one knows how much dinar is in circulation and how much has been removed. Second they compare the dinar to fiat currencies that are backed by nothing. The dinar is backed by Iraqi oil and the IMF will allow them to monetize the oil in the ground. This alone adds tremendous value to the currency and makes a revalue at a high price more likely. 2. 86 cents. people support this rate get this rate from today’s value. One Iraqi dinar equals 0.000855473. us Dollar. Knock off three zeros and you round to the nearest number and you get 86 cents In June of 2010 CBI said they are going to redenominated and remove three zeros from the currency. They did not mean they will take three zeros from the value. They meant that once the currency revalues they will remove the currencies with 3 zeros (25,000 and 10,000 notes) from circulation. And introduce lower denominations. 3 $1.20 to $1.70 People who believe this rate are looking at Iraq’s budget. Iraq needs a minimum of $1.20 to meet budget demands. This is from the 2009 year budget. $1.70 could be what is needed for the 2010 budget. The problem here is that no one has seen the 2010 budget and 2010 is almost over. So who knows what is going on behind closed doors? One thing is for sure though. If Iraq needs a currency that reflects their budget they cannot go any lower than $1.20 per dinar 4. $2.50. People who believe this will be the rate look at the value of the dinar before Saddam changed it to $3.22 Even though Saddam changed the rate it still traded globally for $2.50. The IMF and the global community said he could not change the rate. He changed it anyway However, the dinar was based on oil back then as well, and oil at that time traded between $15.00 to $25.00 a barrel. Oil is much higher now. 5. $3.22. People who support this rate point out that this was the official rate before sanctions were placed on Iraq for invading Kuwait. If they were to reinstitute the rate (RI) this would be it. They point to future contracts Iraq has for rebuilding infrastructure. All the combine contracts support a rate over $3.00. I will admit I don’t know enough about their research to comment on this. It may be a rumor. It is important to look at the time frame of these contracts and not just the dollar amount. If the contract is spread over 3 years then that dollar amount is divided by three consecutive budgets. This throws the numbers way off. The truth is no one knows enough to confirm or deny this theory. I have not seen any data yet. 6. $3.86 People who believe this rate believe that there will be an RI and a RV. Frank pointed out, The CBI at one point said the rate will be 3.22 plus 20 percent. I don’t know what document or research he has to confirm this. But he is adamant about it. This is what he believes. To tell you the truth I hope he is right. I don’t know where he gets his information. I am not going to say if he is right or wrong because I just don’t know. 7. $4.00 and over. This rate has just recently surfaced. The main supporters of this rate are the same people who predict an RV every weekend. I would not put much stock in this rate. I believe it is nothing more than wishful thinking and fantasy. There are no documents to my knowledge that even support a rate like this. As you can see speculation is all over the map on what the rate will be. The debate is intense. The funny thing is no one really knows what the rate will be. I remember reading an article over the summer that said Kuwait demanded a rate that was at least 3.40. The reason for this is to match Kuwait’s dinar rate. All of the OPEC currencies are over $3.00. If Iraq undercuts this rate it will have an impact on the entire region. A floating rate has also been suggested. Basically the rate is introduce at lets say $1.75. and then it floats up to over $3.00. There has to be balance no matter what the rate is. If they release a rate that is to low then they will not achieve their goal of removing all the currency with three zeros by the end of the year. To high a rate could make it hard to trade the currency on an international basis. I personally believe that the rate could be anywhere from $1.20 up to $4.00 Like everyone else I just don’t know for sure. It could be any ones guess. What about the lop? Basically this rumor has been floating around for two years. In 2008 it was mentioned in an article, and it has been circulating ever since. A lop is defined as taking currencies of high denominations and removing the zeros at the end thus reducing the value of that currency. For example, by removing three zeros from the 25,000 dinar note it is now valued at 25 dinars. There are several reasons why I believe a lop will not take place at the revalue. First a lop only happens when a country’s currency and economy are in ruins. Typically it is used on fiat currencies after hyper inflation kicks in. Second Iraq is not removing all the old currencies from circulation. Only the 25,000 and the 10,000 will be removed. If they were going to lop and introduce new currencies they would need to replace all the old currencies. Not just the high denominations. This is part of the pre post RV scenario that lop preachers preach. Third Iraq itself has said It will not lop off the zeros from the currency, and the old currency will retain it’s value along with the new lower denominations. The CBI has stated that the reason for the lower denominations was so Iraqi citizens would carry less money. Here is the latest article from AKnews Zeros Will Not be Removed from Iraqi Currency Posted on 24 August 2010. Tags: forex, iraqi dinar, re-basing There has been much speculation in recent months that the Iraqi dinar would be re-based, knocking off the last three zeros. The latest news is that Iraq will not in fact remove the zeros from its currency, because it will not resolve inflation and will create opportunities for corruption, reports AKnews, citing a senior source in Iraq’s ministry of finance and economics. The Iraqi dinar was largely devalued after Iraq’s invasion of Kuwait in 1991 and the imposition of international sanctions on the country. While before 1991, one Iraqi Dinar was equal to around $3, now $1 is worth roughly 1170 Dinars, according to Iraqi Central Bank’s exchange rates. Some experts have suggested that removing the zeros will enhance the country’s currency and allow it to better tackle inflation. “The Central Bank wanted to remove the zeros three years ago, we alleged that it was impossible. They wanted to do it again last year and we rejected the proposal again. The issue is currently brought up once again, but the Ministry of Finance and Economics insists that Zeros will remain,” said Fazil Nabi, the deputy minister of finance and economics. Nabi said removing the zeros will not reduce the inflation rates as Iraq’s inflation has been stable and remained low for quite some time. “Besides, it will create problems for many citizens because it takes time for them to learn to use the new currency,” he said. Nabi also stated that certain people will be harmed by removing the zeros because their salaries will decrease while it is unlikely that the price of goods in the markets would decrease. It is not clear to IBN how the minister came to this conclusion. (Source: AKnews) http://www.iraq-businessnews.com/2010/08/24/zeros-will-not-be-removed-from-iraqi-currency/ Forth, Iraq was forgiven massive debt from all over the world. These countries hold Iraqi dinar. For example, china holds dinar( mainly the 25,000 and 10,000 notes) china forgave Iraq 80 billion dollars. They did not do this to watch Iraq delete the value of the zeros from the notes they hold. There are several nations that are in the same position china is in. There are more reasons why I believe Iraq will not lop, but at this point I think you can see the evidence that the lop will not take place. http://***********.wordpress.com/

I feel it’s important to point out a few things so while we are all in the “mire” wading through the details of our investment, which candidly are really none of our business, that we all get a reminder of the big picture. Once again, I ask to you decide for yourselves. Are you on the “beach”? Do you see the signs of a monster wave of change rolling our way? Have you found your “higher ground”? Do you even feel the need to move, or are you just going to stand there and be taken over? Political: - US is in Saudi Arabia, Kuwait, Iraq, Afghanistan… surrounding Iran. What do you think is next? - Russia and China have been given the “lion’s share” of the oil opportunities in Iraq. What do you think is the reason for that? - US & Israel are absolutely sitting ON TOP of Iran right now. One move, and they get squashed. What do you think is happening? - US is allowing the political process in Iraq, but make no mistake about it, they are there watching and waiting. Economic: - G20 Meetings taking place to review the necessary “changes” to the world’s currencies and economies. - Major delay in the release of the currency report by Geithner (US). Why? - Delay of the UNSC meetings for Iraq. We’ve heard NOTHING of that event. Why? - Delay of Ban Ki Moon’s report. Why? - China unwilling to “revalue” their currency. Why? What is their stake? What’s happening behind the scenes? - Heavy discussions about “currency wars” going on. Why all the hullabaloo? - World economies at a virtual stand-still. What is being done? - Countries on the verge of complete bankruptcy, including the US, unless they do something very soon to protect their assets and change what is showing on their “books”. What do we do? Iraq: - US war in Iraq. Why would we do that? Do you honestly believe we’d go there just to set up Russia and China? - Bush in Kuwait. Why do you think he and his father would go there a week ago? - Paris club dismissal of 80% of debt… timing is coming to an end. What do you think about that? - Almost EVERY nation has forgiven Iraq their debt. Why? - Kuwait responding favorably towards Iraq after they’ve had an entire existence of being at odds with one another. Kuwait holds the key to Iraq’s release from Chapter 7. What do you think this means? Dinar: - Dinar value has remained static for almost 2 years at 1170 per dollar. Huh? Really? - Dinar was allowed to be released to the US and major US banks to the public. Why? Banks would be squashed by the masses. Would they really take that kind of class action lawsuit coming from hundreds of thousands, selling currency to them that will never be of value? - Presidential Order 13303: Allows US Citizens to invest in the New Iraq . Under this Order and the Coalition Provisional Government Order 39, a US citizen has the same rights to investments as an Iraqi citizen. Why would this even be placed in existence? - Dinar no longer on OFAC (Office of Foreign Assets Control – list of currencies the US has put together from the Office of Homeland Security that tracks terrorist states and their currencies) - Thousands upon thousands of people own Dinar because of people they know who are connected to politicians, government officials, boots on the ground, bankers, military personnel, government contractors, oil executives, IMF friends, UN contacts, US Treasury officials, World Bank executives, Forex traders and officials, Wall Street connections, Foreign dignitaries and connections. Do you honestly believe the Dinar won’t increase in value? Do you really think this is a scam? Seriously? Oil: - China the number one stake holder to rights to Iraqi oil based on contracts awarded. - Russia the number two stake holder to rights to Iraqi oil based on contracts awarded. - US companies sitting on the sidelines temporarily watching and waiting. Why? Don’t we get first “dibs”? - Oil prices cruising in the $70+ per barrel range again. Time to make a move? You tell me. - OPEC has been awfully quiet in this entire process wherein Iraq could really mess up their little club by providing too much supply for the demand, thereby taking prices on oil. Why have they been so quiet? The list can go on and on… Don’t you see it? Do I really need to point it out to you? If you continue to stick your head in the sand, listen to those who want you to be confused, and remain in the dark, then I have nothing to say. It’s just not what you were meant to be a part of or involved in. If you do understand the significance of the above, then you should count yourself very blessed to be part of the extreme minority of the world who are witnessing one of the greatest moments in the history of the world. You are literally seeing the “Signs of the Times” unfolding before your very eyes, as kings, government officials, heads-of-state, and corporate business leaders all pour into the Middle East, even into Iraq itself, all for the purpose of something grand. Something amazing is literally unfolding before our very eyes. So, just know this. Because of the significance of this monumental event of which you are both aware and participating (i.e. economic stimulus), so many things MUST be in place and protected. NOTHING is being left to chance politically, corporately, relationship-wise, militarily, security, bank-wise, economically, strategically, physically (M2 currency amounts), and so on. This overwhelmingly massive coordination effort is slowly building, and growing, and evolving, and developing into something that, for me, is unmistakably a tidal wave of change that will sweep the earth. Draw your own conclusions on all of this. That’s why I asked the questions I did. For me and my “house”, we will be working on finding our “higher ground” wherein we can feel safe and secure, protected from the massive events that are so clearly (TO ME) coming our way. ---------------------------------------------------------------------------------------------------------------------------------------- I have been observing for the past 3 months of the progress of the country of Iraq. Since I purchased my 1st dinar in Aug 2010. I have read the extraordinary post of some caring people and of some not so caring people that seem to be motivated by greed. For the past 2 weeks I have been putting a few things together concerning the RV and the Bushes going to Kuwait. It seemed as things unfolded that they may have (my opinion from your posts and being a speculator as all of you)directed their conference with the Islamic countries, was to postpone the RV until after the Nov 2, 2010 elections, so that the economy would not recover in time for the minds of those that have been disillusioned by thereby. Why you may ask or not; but to discourage anyone for giving credit to this present administration for knowing that George Bush Jr. had puchased dinars to pay for a war what started on his watch, but mainly to deter your vote for this administration and wisdom to bail out our economy knowing that they like Bill Clinton was blessed with the it seems like dinars that George Bush purchased during the Kuwait liberation. So this is why the RV will take place after the NOV 2, 2010 mid term elections.

The Currency Report Risk Aversion Rules Ahead of FOMC − QE2 Thu, Oct 28 2010, 07:08 GMT by Paul Kavanaugh Ahead of this month's FOMC meeting, global currency speculators appear to prefer the relative safety and security of the US dollar to other currencies. The Fed is widely expected to begin another course of monetary stimulus in it's November meeting next Tuesday and Wednesday. According to an article in the WSJ this week, the central bank is likely to unveil a program of US T-Bond purchases worth a few billion dollars over several months, which is a measured approach in contrast to purchases of $2 trillion (With a capital "T") it unveiled during the financial crisis. This announcement is expected to be made at 1:15 pm central time on Wednesday November 3rd, at the conclusion of its meeting. In my opinion, this will be one of the most widely watched and heavily traded announcements in my 18+ years experience as a broker. The Fed's goal is to drive up the price of long term Treasury securities, lowering long term interest rates and hopefully stimulating more economic growth and jobs creation. Buying securities increases the money supply in what is know as Quantitative Easing or QE. Note the chart below from the WSJ, showing when QE1 began in March of 2009. This stimulus was largely responsible for allowing the stock market to recover from the financial crisis, as well as fueling the rallies in commodity prices. The risk next week, in my opinion, is what if the level of QE the Fed announces Tuesday is lower than the markets are expecting? If the Fed acts too cautiously, the US dollar could move up sharply against other currencies based on less dollars being injected into the money supply than expected. This could also have the opposite effect on Treasury securities than the Fed intends, and we may see Bonds and Notes actually move lower on the announcement. The uncertainty in the perception of speculators has clearly moved from will the Fed act to how much QE will they pursue and when. We may see a clear example of "Buy the rumor, sell the fact" in the US dollar next week, as the US dollar has already declined by over 14% since it's June 2010 highs of 88.80 on weakness in the economic conditions leading the market to anticipate the second round of stimulus (QE2). A rally in the US dollar would have significant bearish implications for many of the commodity and currency markets that have benefited from recent weakness in the greenback. CFTC data released Friday October 22nd.showed IMM currency speculators decreased bets short the US dollar by 5.03% from $29 billion to $25.8 billion in the latest week ending October 19th, according to Reuters news. This is down from the previous reading of $30 billion two weeks ago, the The recent Commitments of Traders data shows some significant percentage changes in speculative positions in the currencies from the prior week including the following; a 5.03% decrease from 48,285 to 45,856 contracts net long the Japanese Yen; a 12.62% increase from 41,511 to 46,748 contracts net long the Euro; a 28.14% decrease from 8,066 to 5,796 contracts net long the Pound Sterling; a 43.68% decrease from 19,947 to 11,235 contracts net long the Swiss Franc; a 29.79% decrease from 43,786 to 30,740 contracts net long the Canadian dollar; and a 12.57% decrease from 67,691 to 59,181 contracts net long the Australian dollar http://www.fxstreet....2010-10-28.html ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ another article stating that there will be an announcement by feds By Brian Dolan | October 29, 2010 22:44 GMT The Week Ahead Brian Dolan Chief Currency Strategist at FOREX.com Articles by Author An eventful week looms ahead The first week of November will likely prove a volatile and pivotal week, potentially setting market direction for the remainder of the year, with no less than 5 central bank meetings (all eyes on the US Fed), US Congressional elections, and US October employment on the schedule. Below we provide brief outlooks for the major events, followed by our thoughts on likely US dollar and overall market direction. * US Congressional Mid-term Elections on Tuesday--We expect a split Congress to result, with Republicans winning control of the House by a few seats, and Democrats retaining a small majority in the Senate. The result will likely lead to political stalemate, eliminating prospects for additional economic stimulus. While we think risk assets (stocks and commodities) may see some gains on the initial results, we think markets will take a dimmer view of the economic outlook as the reality of more austere conditions ahead sets in and that risk assets are likely to decline subsequently. We would note that key US stock indexes and many commodities (e.g. gold and oil) are hovering just below recent highs, setting the stage for a potential failure and rejection lower. * FOMC Decision on QE2 on Wednesday--Markets are fully expecting some announcement of additional Fed asset purchases, but we think there remains a risk that no FOMC consensus has been reached and that markets may yet be disappointed. Looking at the consensus view, however, expectations are for $500 bio. of Treasury purchases over a six month period, than markets had earlier expected. While it seems QE2 can't be mentioned without the USD selling off, we think there are decent prospects for a USD-recovery after an initial bout of post-announcement selling. The USD may recover on a 'sell the rumor/buy the fact' reaction or due to the smaller size of Fed asset purchases. EUR-related risks have also risen in the last week (see below) and options pricing suggest EUR-downside risks are growing. We would note recent EUR/USD highs in the 1.4050/4100 area as critical resistance, above which we would have to reckon with another round of USD weakness, but we will be especially alert for a rejection and failure from those levels. there is more to the article http://www.ibtimes.c...-week-ahead.htm JUNE 6TH 1944 THE ALLIED EXPEDITIONARY FORCE LAUNCHED THE BIGGEST MILITARY OPERATION IN HISTORY. ON THIS COMING WEDNESDAY THE LARGEST FINANCIAL OPERATION SINCE THE MARSHALL PLAN IN EUROPE. AND THE McARTHUR PLAN IN JAPAN IN WORLD WAR 2 WILL OCCUR. IT WILL INVOLVE A MID-EAST COUNTRY (GUESS WHICH ONE) THAT WILL ALWAY’S BE REMEMBERED IN OUR MIND’S AS OUR D-DAY (LIBERATION DAY FINANCIALLY). THIS INTEL IS FROM THE HIGHEST SOURCE POSSIBLE. THE DATE AND RATE ARE NOW SET IN STONE. PAST MISTAKES AND MIS-UNDERSTANDING’S HAVE NOW BEEN ALL IRONED OUT. LET’S GIVE PRAISE AND THANK’S FOR THE FORTH-COMING MIRACLE. okie the oilman

November 2nd, 2010 04:25 pm · Posted in RUMORS [jjens] My really good friend flies airplanes for the government and he has been flying in and out of Iraq like crazy specifically related to the RV. He said that the government had already been formed. That is what he said. He says it is about ready to go down. Tons of planes have been flying into Iraq with troops and supplies. He said Iraq cannot wait any longer. I believe it and he didn’t tell me this because he couldn’t tell me what he was carrying though. I believe it was money and a lot of it. I truly believe we are close people. It would not be right of me to give a specific date or time. That is impossible to do. Everything needs to be in place and it is.

I know that we are not supposed to pump other sites but this guy is totally out of line for his post and here is the copy and paste. All, I need more information on this. I’ve been getting information ALL DAY that Baghdad is being attacked, and that they’ve had MAJOR BOMBINGS there. It’s interesting this has started literally HOURS after our 20,000 Units arrived. What is going on?! Please collaborate, share, and discuss… Apparently Maliki is calling for even more reinforcements HEY don't promote other sites, They are TROOPS not UNITS! Your web site is horrible and all you do is pump Dinar Sales. 1. Your sources are so bad that they rotate through like Tiac, and Terry K. 2. You can not confirm anything and your site has pumped the rate and date is done for months. PRODUCE IT! 3. YOU ARE SPAM 100% SPAM. Sorry everyone but this guy is an idiot and he supposedly has all these great contacts and he is asking us for info! You crossed the line pal from somebody who HAS SERVED! I am not a "bleep" UNIT! I WAS A SOLDIER!

It does matter... people are dying for nothing....................... have we become so callused that we just think of it as a normal day????? There are good people there that want freedom and the idiots there will not let it happen.... It makes me sick and it should make all of you sick..... Do you really want the Dinar to be blood money? Is is worth it if the Iraqi people dont get there freedom.... Maybe we should all take a look in the mirror.... If it was your family that was dying there would it just be another day there? I have family there that are fighting in this war everyday and it matters to me that this ends.... I want my family home safe just like the general people of Iraq want there family home safe. We all have no idea of the suffering this has caused we just think about how rich we will all be.... There is a much bigger picture out there.... dont take this gift lightly......

If I say it is fact...it is fact....if it is speculation then I say so....and as I said....this is fact. "A source from the Regional Ministry of Financial Affairs, in condition of anonymity, said “the ministry decided to exchange the 25, 50 and 100 Iraqi dinar coins. Banks are going to receive these coins from the citizens and to be exchanged with a paper currency.” “The decision starts to be implemented from 3-1-2008 to 1-2-2008”, the source added." http://pukmedia.com/english/index.ph...=2603&Itemid=1 And from VOI Central Bank decides to withdraw coins and replace Bourguih (Voice of Iraq) - 10-12-2007 [Dec 10th 2007] Send this topic to a friend The Central Bank of Iraq, Monday, coins withdrawn from classes (100, 50, 25) dinars and replacement of paper currencies. The statement said the National Information Center of the Council of Ministers, received Independent News Agency (Voices of Iraq) a copy of it on Monday that the Central Bank of Iraq announced that he "will be replaced Akiem currency mineral equivalent paper currency to the banks and branches scattered in Iraq without charge or commission." The Central Bank, according to the statement, that "the period of replacement beginning on the date of 3 / 1 / 2008 until 31 / 1 / 2008," saying that "currency mineral void and will not be accepted or circulation in the Republic of Iraq after the expiration of the term replacement." The Central Bank of Iraq issued a mineral in these categories in January of the year 2004, consists of the category (25) dinars, (50) Dinara made of metal-coated steel to copper in the form of a circular motion, and as a map back to Iraq, and General (100) dinars manufactured from Nickel metal-coated steel in the form of circular cap, as the back map of Iraq, but these groups have not been used widely, and disappeared from the daily dealings of the market effectively for a long time. Looks like the links may be dead...but these were saved from Puk Media and VOI Phoenix

I bet there are some here who have made a million selling Iraqi Dinar....

Steve, after the info I got tonight I DO NOT think they will delete zeros at all. I now think when they say this they are really talking about taking them out of circulation. You can't just say the 000 notes are deleted or no good. They HAVE TO HONOR THEM REGUARDLESS. They will put the new denominations in circulation with the old ones and remove the old 000 notes gradually. It now makes perfect since to me and this is the only logical way to do it without to much turmoil and confusion.

MY FATHER IS A STRIPPER IN A *** BAR One day a fourth-grade teacher asked the children what their fathers did for a living.. All the typical answers came up - fireman, mechanic, businessman, salesman, doctor, lawyer, and so forth. However, little Justin was being uncharacteristically quiet, so when the teacher prodded him about his father, he finally replied, "Okay...my father's an exotic dancer in a *** cabaret and takes off all his clothes in front of other men and they put money in his underwear. Sometimes, if the offer is really good, he will Go home with some guy and stay with him all night for money." The teacher, obviously shaken by this statement, hurriedly set the other children to work on some exercises and then took little Justin aside to ask him, "Is that really true about your father?" "No", the boy said, "He actually works for the Democratic National Committee and helped get Barack Obama elected President last year, but I was too embarrassed to say that in front of the class. "

Saw this on another site, he said his friend owns 3 BILLION Dinar. I don't know about that one champ. Tidbit by DDT Member November 2nd, 2010 09:44 am DD, Feel free to share this with others if you would like to. Ive been told by my bestfriend that US and CBI are just waiting for iraq to form gov and that immediately it will rv if not the same day. Told this by my friend that owns 3 billion in IQDs and said 3+ dollars for the rate but couldnt give me a final figure. He also told me that AC is a pumper and full of crap and is not really in Baghdad right now. But that 95% of articles are bs and smoke and mirrors cause goi is done and obamas the hold up.

I know, I know, I have been wrong before, but I just got a phone call from someone in the middle east that told me that the goi will be formed by nov 8th, they feel the decision has been made and the support has been granted. If this happens as i feel it will, that means that our timeline for a rv should be with-in 4 days of this event. That would put us around the 12th of this month for a potential rv, if what I am being told comes true......... The winner will be maliki, and talibani will remain pres.

I have bought Dinar at the local bank, Citizens and they were going to give me 1166 to the US Dollar until they placed the order through BOA. Then BOA cut it to 1000 Dinar to the dollar I guess for their lop. This was on Friday Oct the 29th. The point that was interesting though was that Citizens bank when she pulled up their listed exchange rate on Friday was 1166. Today Tuesday November 2nd I ordered another 250,000 Dinar through a bank back east through my mother at her branch 5th/3rd as they give a better rate. I spoke to the woman there last week as well prior to sending the money to my mothers account, she told me that the rate at that time was the same as what citizens told me. 1166 to the dollar. However this morning when My mother went in to her local branch with my brother, they called me and handed the phone to this lady. She told me that this morning the rate exchange was going to be 266.28 for only 250,000 dinar. The rate at 5th/3rd this morning was 1065. Not a huge jump but I will take any positive sign I can get. Before this point all banks I have ever checked with were at the lower value amount of 1166 and today higher at 1065 put a smile on my face accept for the fact that I did not get as much dinar in the exchange. After doing this I jumped on here to get a few more reads from the computer. as of this moment: OZFOREX is showing 1111 to the dollar. http://www.ozforex.c...y-converter.asp FOREX has moved to from last nights 1165 to todays 1143 http://forex.trading...m%E2%8A%82=Save XE shows a decline in dinar, raise in value this morning to .00086 http://www.xe.com/cu...&to=USD&view=1D Great signs this morning as small as they are. Lets see if they continue. If you plan to buy anymore check your rates with your local banks. This is definitely the best way to get them. Side not: Most important thing that the woman at 5th/3rd told me this morning. When I requested 25, 50, and 250 dinar notes only she called the main office and was told that any of these smaller denominations were currently unavailable showing in their system but hopefully they would have some still where they fill the orders from and attain them for me. Not sure if it was the local main just out of them? We have been getting them no problems or if something else is going on. I did however wish to do my part to try to give what little I received this morning to all of you. GO RV And Cut.

This was written by a woman born in Egypt as a Muslim. This is not hearsay, and it will scare the life out of you. Make sure you read the paragraph (in red) towards the end. Joys of Muslim Women by Nonie Darwish In the Muslim faith a Muslim man can marry a child as young as 1 year old and have sexual intimacy with this child. Consummating the marriage by 9. The dowry is given to the family in exchange for the woman (who becomes his slave) and for the purchase of the private parts of the woman, to use her as a toy. Even though a woman is abused she can not obtain a divorce. To prove rape, the woman must have (4) male witnesses. Often after a woman has been raped, she is returned to her family and the family must return the dowry. The family has the right to execute her (an honor killing) to restore the honor of the family. Husbands can beat their wives 'at will' and he does not have to say why he has beaten her. The husband is permitted to have (4 wives) and a temporary wife for an hour (prostitute) at his discretion. The Shariah Muslim law controls the private as well as the public life of the woman. In the West World ( America ) Muslim men are starting to demand Shariah Law so the wife can not obtain a divorce and he can have full and complete control of her. It is amazing and alarming how many of our sisters and daughters attending American Universities are now marrying Muslim men and submitting themselves and their children unsuspectingly to the Shariah law. By passing this on, enlightened American women may avoid becoming a slave under Shariah Law. Ripping the West in Two. Author and lecturer Nonie Darwish says the goal of radical Islamists is to impose Shariah law on the world, ripping Western law and liberty in two. She recently authored the book, Cruel and Usual Punishment: The Terrifying Global Implications of Islamic Law. Darwish was born in Cairo and spent her childhood in Egypt and Gaza before immigrating to America in 1978, when she was eight years old. Her father died while leading covert attacks on Israel . He was a high-ranking Egyptian military officer stationed with his family in Gaza . When he died, he was considered a "shahid," a martyr for jihad. His posthumous status earned Nonie and her family an elevated position in Muslim society. But Darwish developed a skeptical eye at an early age. She questioned her own Muslim culture and upbringing.. She converted to Christianity after hearing a Christian preacher on television. In her latest book, Darwish warns about creeping sharia law - what it is, what it means, and how it is manifested in Islamic countries. For the West, she says radical Islamists are working to impose sharia on the world. If that happens, Western civilization will be destroyed. Westerners generally assume all religions encourage a respect for the dignity of each individual. Islamic law (Sharia) teaches that non-Muslims should be subjugated or killed in this world. Peace and prosperity for one's children is not as important as assuring that Islamic law rules everywhere in the Middle East and eventually in the world. While Westerners tend to think that all religions encourage some form of the golden rule, Sharia teaches two systems of ethics - one for Muslims and another for non-Muslims. Building on tribal practices of the seventh century, Sharia encourages the side of humanity that wants to take from and subjugate others. While Westerners tend to think in terms of religious people developing a personal understanding of and relationship with God, Sharia advocates executing people who ask difficult questions that could be interpreted as criticism. It's hard to imagine, that in this day and age, Islamic scholars agree that those who criticize Islam or choose to stop being Muslim should be executed. Sadly, while talk of an Islamic reformation is common and even assumed by many in the West, such murmurings in the Middle East are silenced through intimidation. While Westerners are accustomed to an increase in religious tolerance over time, Darwish explains how petro dollars are being used to grow an extremely intolerant form of political Islam in her native Egypt and elsewhere. (In twenty years there will be enough Muslim voters in the U.S. to elect the President by themselves! Rest assured they will do so... You can look at how they have taken over several towns in the USA .. Dearborn Mich. is one... and there are others...) I think everyone in the U.S. should be required to read this, but with the ACLU, there is no way this will be widely publicized, unless each of us sends it on! It is too bad that so many are disillusioned with life and Christianity to accept Muslims as peaceful.. some may be but they have an army that is willing to shed blood in the name of Islam.. the peaceful support the warriors with their finances and own kind of patriotism to their religion. While America is getting rid of Christianity from all public sites and erasing God from the lives of children the Muslims are planning a great jihad on America .. This is your chance to make a difference...! Pass it on to your email list or at least those you think will listen.. Some of those reading this WILL NOT! Put your head back under the covers so you can't see the boogie man! I for one do not wish this on any woman, I further more do not wish this on a teen or child. This can be avoided but when? What cost? What price? Do you have to live this first? Is being told to get off the tracks there is a train coming not enough for you to move? I do not get it. The one thing I do understand is that a very sick individual started this traditional behavior and many sick individuals followed in his path. Now today the men of this society do not wish to give up the right of control and deviate behavior. This is sick. River Styx

Why is Hillarious spending election day overseas? November 2nd, 2010 11:47 am ET By now most people who keep up with the news are aware that Hillarious Clinton bolted out of the country a few days ago to spend election day overseas. This curious move has political observers wondering. Why did she see the need to get out of town quickly? There are obvious and not-so-obvious answers to that question. Let's take a look at the explanations, none of which would be admitted by the Clintons, Obama, or anyone else in the Democratic Party. First, Hillarious does not wish to be too closely associated with the current administration, given the avalanche of voter backlash against it. The Clintons are nothing if not highly politically astute. If Hillarious has any remaining ambition for the White House, then distancing herself from an Administraiton in dire straits is a good move. True enough, Bill stumped relentlessly for Democrats. But Hillarious did not. Second, many insiders close to the Clintons are convinced that Hillarious will challenge Barack Obama for the Democratic nomination for President in 2012. Obama is quickly becoming a liability, and the Clintons still believe that the Presidency was rightfully Hillarious's in 2008. Unless Obama can rebound out of the 30% range in public approval, expect a challenge from Hillarious. Third, some political insiders believe that Obama will decide not to run again in 2012. If this turns out to be true, Hillarious would be the first choice among the Party faithful. The question is, would independents and nominal Democrats go for it, given that Hillarious's political ideology is very close to Obama's, although it is couched in more moderate language. Fourth, Hillarious has exhibited a penchant for speaking on her own, even when her opinions have been in direct conflict with the White House,and even before Obama became so unpopular. A few Clinton-watchers note that the subtle attitude exhibited by Bill and Hillarious indicates they believe the current leadership chosen by Obama has been inept, politically ignorant, and ultimately bad for the Democratic Party. An entire series of missteps by the White House only further underscores the Clinton discontent. Publicly, of course, they express support for Obama. But this is entirely by design. Behind the scenes the ineptitude of the Obama Administration has clearly been an embarrassment for the poliltically-astute Clintons. The final polls for the 2010 midterm elections indicate the possibility of an unprecedented 60-70 seat gain for Republicans in the House, and a gain of at least 8 or 9 seats in the Senate. If I were Hillarious, I'd want to get the heck out of Dodge too, and hide once I got there. http://www.examiner....on-day-overseas

Use of gold dinar will stop currency war says former Prime Minister Mahathir Mohamad ... Monday, 01 November 2010 Use of gold dinar will stop currency war, says Dr M KUALA LUMPUR - Governments should consider the use of the gold dinar to stop a currency war, says former Prime Minister Mahathir Mohamad. He said the US dollar depreciation created problems for countries as they needed to devalue their currencies in order to overcome the loss of competitiveness. "If every country devalues its currency, there will be a currency war and, of course, it will contribute to the crisis," he told reporters after delivering a keynote address at the First World Conference on Riba here Monday. Mahathir said gold has an intrinsic value and is therefore a better measure of value than currency notes. "Currency notes have no backing unless it is sought after by people. If countries start to devalue their currencies, there will be chaos in international trade," he said. On Islamic banking, Mahathir said financial institutions must be careful when introducing new products so as not to duplicate those already offered by conventional banks. He said Islamic financial institutions should adhere to Islamic banking principles even when there is an opportunity for them to take over the responsibility of conventional banking. - http://www.malaysianmirror.com/media-buzz-detail/199-economy/50279-use-of-gold-dinar-will-stop-currency-war-says-dr-m

Tons of posts explain this keep reading.... just sayin.....

Currency Auctions Announcement No. (1768) The latest daily currency auction was held in the Central Bank of Iraq on the 2-NOV-2010. The results were as follows: DetailsNotesNumber of banks15 Auction price selling dinar / US$1170 Auction price buying dinar / US$----- Amount sold at auction price (US$)182,686,000 Amount purchased at Auction price (US$)----- Total offers for buying (US$)182,686,000 Total offers for selling (US$)----- Exchange rates Dollar's exchange rates / in Baghdad markets Spot Oil~$83.87 way up by $1.51 (average) Spot Gold $1357.90 high and off $.50 Zero Cash days ... Unknown ... the pdf file wasn't updated (and probably won't until tomorrow). They've been doing this lately ... lagging in updating ... very suspicious for all of the conspiratorialists! I'll check back later this afternoon but don't expect it until tomorrow. 18 days sequentially ... did we get a 19th ... well we won't know I suspect until we know that we also have a 20th! Peace Doc31 PS Get out and VOTE

I think that Phoenix, Viper and Scooter are awesome!!! Between the 3 of them they provide some great info. You know the saying 2 heads are better then one? Well we are lucky, cus we get three of them Thank you all for your time and hard work!

I have always been told there will be a time limit. The last time the CBI recalled denominations it was a little over 2 years ago when they recalled the 25 and 50 dinar coins from circulation. At that time they gave a 30 day time limit to bring all of the coins to the banks to be redeemed into the accounts. After the 30 day time limit the coins were deemed worthless and are no longer accepted as currency and are now just collectors items. So if we are to use the most recent historical actions of the CBI on the recalling of a currency then the 30 day time limit is what was set by the CBI. That is not speculation...that is not a rumor...that is 100% historical FACT. What will be the time limit this time? We will just have to see...but the CBI does have a history of shorter exchange times (30 days) I suggest everyone be ready for anything at anytime. Hope that helps Phoenix

I can't believe I'm the only one that notices that this post was taken word for word from DD"s site. It was posted on Oct 23rd under Tidbits ( all except the last paragraph). If Rick Swartzlander is a pseudonym for Roger, then I apologize. Otherwise, for newbies, it goes without saying that you should give credit to the "author" of a piece before commenting.

That's an order!

When will iraqi dinar revalue? In: Business and Finance [Edit categories] Currencywww.business.com Quickly Find Info on World Currency Trading in Our Directory Today. Ads by Google [improve] Good question, No one can say for sure, but if you have been following it as long as I have, since 2004, then you would know every single goal set has been met. The most important was the stability of dinar, and it has been the most stable currency in the world for the past year when all other currencies, including dollar have dropped in value, and even with drop, the dinar has remained stable, a major goal of Iraq and stated many times publicly. With chapter VII agreed once restoration of previous value of dinar is complete, this too is a major issue which had to be resolved first. Given the fact the coins were removed from market over a year ago, and the fact that all citizens now have debit cards, and as of Oct. 1st, no longer are Iraqi's to use U.S. dollars, what else is left? Well, the only remaining missing link is the passing of the oil law, but due to the sectarian divide in Iraq between Shiites, Shia and Kurds, it has been held up for over a year, so this too is an issue which has to be resolved, and I believe it is close to being passed, so there you have it, all the major obstacles are completed, or near completed, so we are close as I see it. Here is the most important thing I see happening by end of year. Given Maliki has done little in the way of helping the citizens and with no electricity available or fuel for cars in many areas, the citizens are still loosing faith in current goverrnment, and Maliki is sweating being reelected, so as I see it, just as is done in the U.S., you will see revalue so that Maliki is reelected, just as those in U.S. paid to insure Obama got in office, it is always about money, so Maliki is smart enough to spread the wealth just before elections, and those debit cards will all be loaded with millions in dinar assuring his reelection, and that is how I see it all coming together, so stay tuned, patience is about to be rewarded. Success to all, www.VOIP-COIP.com Now before people go bashing the source, I UNDERSTAND it's a wikipedia based forum, but then again, so are the forums that we all post on (meaning anyone can post anything.) In my opinion this guys final paragraph makes a lot of sense, it would be a GREAT way to rally support for Maliki if he were to hold out til just before the end, then BOOM! Here comes a white knight to save the day. What are your thoughts? Does this make sense?

Just say, "I Voted" if you voted. Need not say who for or what party, this is just a testament that you cared enough to vote...... An by the way - I Voted GO RV !!!!!!!

It is likely that the government is formed within ten days .. . 2010-11-02 ... It is likely that the government is formed within ten days .. .National Alliance confirms Wazzraelh resolve the presidency of the Republic, the Kurds, not Iraqi, but acceptance of the acquitted بغداد - المؤتمر BAGHDAD - Conference .. Said the National Alliance, on Sunday, the resolution of the posts of Prime Minister and the Republic in favor, the Kurdistan Alliance, ruling out the existence of an opportunity to get the Iraqi List, the office of the presidency, inviting them to negotiate on my Presidency of the parliament and the National Council for the strategic policy. .. The leader of the National Alliance Abbas al-Bayati, in an interview »Alsumaria News», that «the prime minister to resolve to the National Alliance, with the resolution of the position of the Presidency of the Kurdistan Alliance, likely that« the opportunity for the Iraqi List, the office of the presidency does not exist. .. He called al-Bayati, the Iraqi List Bmansbi to accept the presidency of the National Council of strategic policies and the Presidency of the parliament, saying that Iraq was delayed in its claim under the chairmanship of the Republic and the wasted time in the stall. .». The Al-Bayati: that the meeting of the political blocs, which was held on Wednesday evening discussed seven cases the task of including the issue of the powers of the National Council for strategic policy and position of the Justice and Accountability Law and compatibility on the presidencies of the three, stressing that the meeting would be an important and clear for the parliament session to be held next Friday ». .. With all of the new President Jalal Talabani and Kurdish regional President Massoud Barzani, the Kurds hold the Presidency of the Republic as the second component of the national in the country, and stressed that the attitudes and actions of some actors and personalities over the insistence of the Iraqi Kurds on their adherence to the office. .. He favored the Prime Minister of the outgoing Nuri al-Maliki, last Friday, that the next ten days crucial in the process of forming the Iraqi government expected, calling for political blocs to expedite the submission of candidates for the positions of sovereignty, stressing that the eighth or tenth of this month will resolve this process to go prime minister after to choose his ministers. .. The Federal Supreme Court in Iraq issued, last Sunday, the decision to cancel the decision of the President of the House of Representatives interim Fuad Masum, making an open meeting of the Council and order him to resume the meetings of the Council during the next two weeks http://translate.googleusercontent.com/translate_c?hl=en&sl=ar&tl=en&u=http://www.inciraq.com/index_paper.php%3Fid%3Dpolitics&rurl=translate.google.com&twu=1&usg=ALkJrhj3p1xDQPLhZm203B3Te1QiVbQkBQ

You could blame the Iraq Government for these kinds of incidents. If they were orgainized, they could minimize these events. Perhaps, put more effort into safe guarding their own people/communities. I believe there is too much time and effort into their demands and not enough focus for their own people. I believe there is more to come!

Med chat 3:45pm 1/11/10 Med says to (15:50:23): NEWS NEWS NEWS NEWS NEWSNEWS NEWS NEWS NEWS NEWSVVNEWS NEWS NEWS NEWS NEWSNEWS NEWS NEWS NEWS NEWSNEWS NEWS NEWS NEWS NEWSNEWS NEWS NEWS NEWS NEWSNEWS NEWS NEWS NEWS NEWSNEWS NEWS NEWS NEWS NEWSNEWS NEWS NEWS NEWS NEWSNEWS NEWS NEWS NEWS NEWSNEWS NEWS NEWS NEW OK I JUST GOT OFF THE PHONE WITH ONE OF THE 3 PEOPLE I TRUST WHEN THEY CALL ME AND I RESPECT THIS PERSON VERY MUCH THEY ARE VERY VERY KNOWLEDGABLE AND I WAS EXPLAINED THE SCENARIO THAT IS BEING DISCUSSED RIGHT NOW WITH IRAQ AND THE RATE OF EXCHANGE IT APPEARS THAT YES FOR IRAQ TO COME OUT LOW IS THE BEST SCENRIO FOR THEM AND WHEN I SAY LOW IT IS AROUND 1 TO 1 BUT KUWAIT IS VERY MUCH INVOLVED IN THIS ALSO AND KUWAIT DOES NOT WANT IRAQ COMING IN THAT LOW IF YOU REMEMBER NAFTA WE HAD ALLOWED MANY AMERICAN COMPANIES TO GO TO MEXICO RELOCATE AND PAY CHEAPER WAGES THEN SELL THE PRODUCTS BACK TO THE U.S. WELL IT HURT THE U.S. AND DIDN’T WORK LIKE THEY THOUGHT THIS IS WHAT KUWAIT IS UPSET ABOUT THEY WANT IRAQ TO COME OUT SIMILAR TO THEIR RATE OF EXCHANGE SOMEWHERE BETWEEN A RANGE OF 2.80 TO 3.20 BUT NOT ABOVE THEM THIS IS TO KEEP COMPANIES FROM CROSSING THE BORDERS INTO IRAQ FOR CHEAPER LABOR SO KUWAIT I AM TOLD IS NOW INVOLVED IN THIS VERY DEEP NOW BOTH THE LOWER RATE OF .86 AND THE HIGHER RATE ARE ON THE TABLE AND IT HAS NOT BEEN DECIDED YET WHAT IS GOING TO HAPPEN BUT I AM TOLD THIS IS SO SERIOUS THAT IT COULD CAUSE MILITARY ACTION SORRY JUST GOT A CALL BUT I ALREADY KNEW IT THAT TALIBANI HAS AGREED TO STEP DOWN AS POR FOR ALLAWI AS LONG AS BARZANI AGREES TO IT THIS IS THE MOST SIGNIFICANT NEWS SO FAR IN ALL THIS CRAP AND IT WILL SEAL THE FORMING OF THE GOVT ON THE 8TH OF NOVEMBER NOW I AM TOLD THAT WE ARE STANDING ON THIS RIGHT NOW BUT THAT THE FORMING OF THE GOVT IS THE KEY I WAS TOLD THAT NOTHING IS LEFT TO BE DONE AND THE REVALUATION IS FOR CERTAIN AND WILL COME ALMOST IMMEDIATELY AFTER THE FORMING OF THE GOVT SO THAT IS WHAT I HAVE FOR NOW THANKS ALL DONE MasterKim says to (16:01:37): Why military action on the rate of exchange? Is it that contentious between Iraq and Kuwait? Med says to (16:01:53): BETWEEN KUWAIT AND IRAQ YES THAT IT COULD CREATE THAT MUCH OF AN ISSUE Givememyvalueback says to (16:02:43): Does it matter to Kuwait if Iraq come out at a $1 and 6 months later increases it? Med says to (16:02:56): IT DOESN’T WORK THAT WAY THEY WILL BE IN A BASKET AND INCREASING A RATE OF EXCHANGE TAKES APPROVAL BY THE IMF AND THAT TAKES A MIN 90 DAYS AND A VOTE BY THE IMF BODY pbrman71 says to (16:07:30): you thinking this may be all over by around the 8th?? Med says to (16:07:46): YES THE 7TH IS THE DATE THE KURDS MAKE THEIR DECISION AND THE 8TH IS ABOUT THE TIME 10 DAYS IS UP ISN’T IT AND THEY MUST CONVENE butterfly says to (16:08:59): i saw some articles say the 8th is when the second session starts so they should close the first session by the 7th Med says to (16:09:17): GOOD butterfly says to (16:09:17): with the pres named Med says to (16:09:19): TY BF THAT WOULD BE ALLAWI IF BARZANI OK’S IT I AM ALSO TOLD THAT THEY ARE HOPING FOR AN RV BY THE 15TH OF NOV OR BEFORE BUT I AM NOT HOLDING MY BREATH NOW I WANT TO SAY ONE THING I KNEW ABOUT THIS HIGHER RATE FOR A LONG TIME BUT WAS HESITANT TO SAY ANYTHING FOR ONE REASON IT IS IN DEBATE AND IF I MENTIONED IT AND IT IS WHAT I ALWAYS SAID IT WAS USING THE NOMINAL RATE WITH 3 ZERO’S REMOVED AND YOU DIDN’T GET THE HIGH TWOS SOME OF YOU WOULD BE B*TCHING AT ME ABOUT IT THAT YOU ONL GOT .86 ON YOUR INVESTMENT WHICH I WILL TAKE 1/3 OF THAT AND BE HAPPY butterfly says to (16:13:05): if i dont get $5.26 i am comin to getcha lol Med says to (16:13:18): YOU CAN BEAT YOURSELF UP FOR THAT ONE trailracer13 says to (16:13:23): Is this reason for troop deployment we have heard about? NO IT HAS NOTHING TO DO WITH AN RV BUT IT ALSO HAS NOTHING TO DO WITH TRAINING I WAS ASKED NOT TO DISCUSS IT ON THE NET AND I WON’T SO JUST READ WHAT IT SAYS IN THE MEDIA

Makes me sick have the people of Iraq not suffered enough.............??????????

http://www.worldbulletin.net/news_detail.php?id=65858 Turkish industrialists visit N.Iraq for more business ties A delegation of 25 industrialists from Izmir is visiting north of Iraq to establish business ties with Iraqi counterparts. Tuesday, 02 November 2010 12:40 A delegation of 25 industrialists from Izmir is visiting north of Iraq to establish business ties with Iraqi counterparts. The delegation made up of members of the Aegean Chamber of Industry (EBSO) which arrived yesterday in the north of Iraq aims to create opportunities for Industrialists from Izmir in the foreign markets as well as enhancing Turkey's economic ties with Iraq. The delegation who initially visited Turkey's Consular General in Arbil Aydin Selcen and Trade Attache Deniz Kutlu, was briefed on economic profile of the north of Iraq. Selcen said Arbil home to 600 Turkish companies and some 15,000 Turks, alone accounted for $6 billion of the total trade volume of $10 billion between Turkey and Iraq and is a very promising area for Turkish investments. "We share a common culture. Our interests are common; our economies complement each other. A new government was formed in Baghdad. The law on oil revenue sharing was passed. The north of Iraq will be a $23 billion economic power. Natural gas and oil riches will draw attention to this area," said Selcen. Later the delegation got together with Iraqi counterparts at a meeting in the Arbil Chamber of Commerce and Industry. The Chairman of the Chamber of Commerce and Industry, Dara Jalil Al-khayat, said there were incentives in place for foreign investments in the north of Iraq said they wanted to establish strong economic ties with Turkish industrialists. Cahirman of Duhok Chamber of Commerce and Industry Ayad Abdulhalim said Arbil, Dohuk and Sulaymaniyah gave life to the region. "No products compete with Turkish products in this region. Turkish products are the best. This region carries Turkish products to other regions. We want to further enhance our relations with Turkey. We invite industrialists from Izmir to Duhok. Come study the area, and make investments. We shall provide you with all sorts of conveniences," said Abdulhalim. Later Turkish industrialists held sector specific meetings with Iraqi counterparts. Business opportunities in electric-Electronic, construction, machinery, engineering, energy, automation, plastic, textiles and jewellery sectors are being assessed during the meetings.

You have to admit we could make more money betting against them not getting anything done than we can on the RV

I live in the United States - Georgia currently. I was laid off about a week and a half ago (had a good lawyer - got taken care of financially and I have a couple job opportunities making more money than I was before!). I can't file for unemployment until like the middle of next year at least - if ever - as I understand my state unemployment laws ( because of me accepting a financial package from my former employer which I mentioned above...) I'm really only active on one other forum on the internet and even there - I will refrain from posting for extended periods because of the implied sarcasm of that forum or rather "section of that forum". I'm 26, I own my own house and I own my current Corvette. I'm a big Corvette Enthusiast and have owned like 5 C6's in the last year that I enjoy driving and eventually sell. I catch a lot of flack on the the other forum as the "young guy that can't be that successful"... so there you go - I aired my "laundry" - some people bash me for being young and financially stable and successful in my (sales) career on another forum. More importantly, I know who my friends are in "real" life and not "internet bully" life. I've made a couple "real life" friendships from the other forum and have hung out with some of those members - so I do have what you might call a "cult" following there. All that being said, I took the initial plunge from a buddy's urging and bought some Dinar the day I got laid off - I think I bought $1,100 USD worth - roughly 40 25k notes. My buddy saw how passionate I was about following international currencies and he mentioned the Iraqi Dinar to me at least a month or two ago and I honestly blew him off until I realized I was out of a job and needed to treat every day as "Monday" and be productive. I follow a lot of people on here and have been as we say on the other forum "lurking" on here for awhile. Since my initial investment I have increased my dinar holdings based on some of the personal beliefs I have and more importantly some of the "real" intel that many posters provide on here (for example I'm a big fan of Viper - he knows what he's talking about and I didn't even know he was followed as a "reliable" intel poster on here until I started following the dinar and got laid off and found this great forum). I'm not going to give any more shout outs because I read a lot of people's posts on here. Just wanted to let you Ladies and Gentleman know that I've been following this site for about 2 weeks and I want to thank EVERYONE for their contributions - whether they are "good" or "bad" for the RV we all are waiting for. That's my intro so people know where I stand. It's currently 12:49(early AM) my time as I type this and I usually stay up until about 3-4 AM if possible to watch the news live both on here and on TV. Today is Tuesday and I plan on voting (God willing LOL!) later Today after I get some sleep. I'm very educated on current events and have recently in the last couple months taken big interest in concepts relevant to the United States like QE2 (US intentional inflation of our currency) I believe being announced one way or the other on Wednesday according to my roommate - and she owns Dinar too after doing her research when I bought. A couple of my friends own Iraqi Dinar and I didn't "pump" or anything - I followed an older thread I read on here about the advice you give to loved one's and friends about investing in the new Iraqi Dinar. The "friends" and "family" I tell - get told once and I leave the burden on them to do their own homework and come to their own conclusion, OR call or email me and ask me questions that I may have researched when I initially decided to invest. At this point in time my family does not own any Iraqi Dinar to my knowledge and I was personally disappointed as they immediately dismissed it as a "scam" and sent me articles that were 4 years old, etc that they got forwarded from their financial advisors. Again, I followed what I read on here and leave the "burden to invest" on my friends and family. My "real life" friends will get some interesting job offers from me that they won't turn down should this RV happen by 2011 LOL! I already told them I'm basically interviewing them when they call me to catch up - they don't have to invest a dime if I made the right move and left the burden of research or follow up with me on them. I'm on the side of "when" not "if" on RV. I'm originally from Boston and moved here about 15 years ago. I got burned in the stock market in October (Mainly options trading - thought the market was going to go down and it didn't - haven't checked my online account as of late as I'm "long" in some of my positions). My accountant approved of the "risk" and the ROI for that blunder in the stock market. I fault the US tipping their hand on QE2 potential and Wall Street potentially baiting investors into a "stable" market - with risk of international currency wars looming and the severe impact that could have to my native currency - the USD. I felt taking a position in currency with a solid country was a smart move in my portfolio and that is why I diversified my holdings to the "new" Iraqi Dinar. Ask away if you have any questions, but I wanted to have my first post as a "baseline" for any comments I may make on here so people don't think I'm something more or less than just a successful 26 year old single white male living in the US. GO RV!!!

He is a Obamanation to this country.... just sayin........................

Thanks Chief, just want you to know I personally have the greatest respect for you and all that are serving our great country right now or ever. You make me proud to be a part of what made this country great. I pray you and your family will always be blessed for the sacrifice you are making for all of us.... God Bless.... and yes I did vote to try to do my small part to help to save this great country..... Semper fi.....

FACTS.....RUMORS.....COMMON SENSE.....RV.......OPINION ! OK...HERE WE GO. FACTS REPORTED... 1) IRAQI'S WITHOUT JOBS/BASIC NECESSITIES.......................POVERTY 2) GW BUSH / MATT LAUER INTERVIEW.....NOV 8 TH 3) GW BUSH ON OPRAH..... ......................NOV 9 TH 4) GCC MEETINGS ........SHABBI HAS BEEN ATTENDING 5) IRAQ HAS 3 RD LARGEST PROVEN OIL RESERVES IN THE WORLD 6) 20,000 TROOPS HEADED TO IRAQ...MOVEMENT CALLED "NEW DAWN" ...COOL NAME BY THE WAY 7) 28,000,000 PEOPLE IN IRAQ.....WILL ALL GO TO THE BANK AFTER RV 8) HUNDREDS OF CONTRACTS AWARDED...EXAMPLE: RUSSIANS TO BUILD BAGHDAD MONORAIL 9) CONSTRUCTION INDUSTRY (FOREIGN) NO CORP TAXES FOR 10 YEARS 10) OIL CONTRACTS END TONIGHT...... 11) UNLESS EXTENDED...195 BILLION DUE BY 11/2 12) GOVERNMENT TO BE AT MEETINGS...EXAMPLE : DEMARCATION OF BOARDERS MEETING TO BEGIN NEXT WEEK ON TIGRESS/EUPHRATES FLOW INTO PERSIAN GULF 13) IRAQ NEGOTIATING WITH CZECH REPUBLIC ON 25 JETS (US MUST APPROVE) 14) IRAQI JAMAL WATERMELON STATES " IF R'S WIN US CONGRESS....IT WILL HAVE POSITIVE IMPACT ON IRAQ. 15) IMF STATES " IRAQ ECONOMY WILL GROW 7% PER YEAR FOR NEXT FEW YEARS. 16) ABU DHABI ...OWNER OF HIGH END INVESTMENT PROGRAM ( CALLED INVEST AD) SAYS IRAQ CANNOT/WILL NOT BE A COUNTRY ALLOWED NOT TO SUCCEED 17) MANY CURRENCIES AROUND THE WORLD AT VERY LOW LEVELS.....VIETNAM DONG....LOWEST EVER. DEVALUED 3 TIMES SINCE NOVEMBER 18) NOVEMBER IS CONSIDERED GRATITUDE MONTH...JUST SAYING..... RUMORS.... 1) SMALL DENOMINATIONS HEADED TO IRAQ FROM THE UK...( THEY PRINT THE IRAQI MONEY) 2) AL MADDEN SAYS EXCELLENT SOURCE SAYS TWO BANKS SHOWED 3.86 BEFORE IMF SHUT THEM DOWN 3) THE US IS ABOUT TO BEGIN THE 2 ND ROUND OF QE2...(QUANTITATIVE MONEY EASING IN THE US) THIS IS BASICALLY PRINTING LOTS OF NEW $$$$$ AND AT LEAST FOR A SHORT TIME WILL STRONGLY BE POSITIVE FOR PRECIOUS METALS AND FOREIGN CURRENCIES 4) THIS IS PROBABLY TRUTH...BUT WITH ALL THE WEIRD NEWS SOURCES WHO KNOWS AS THEY CHANGE THEIR MINDS AS FAST AS A KID IN A CANDY STORE. .....THE "LIST" WILL NOT PARTICIPATE IN MALIKI GOVERNMENT...AND THE SUPREME COUNSEL WILL NOT PARTICIPATE IN A GOVERNMENT WITHOUT A PARTNERSHIP. 5) BOOTS ON THE GROUND SAY THE PEOPLE WANT MALIKI (I HAVE NO IDEA WHY) COMMON SENSE THE 20,000 US TROOPS THAT WERE SENT OVER ( OR CAME FROM KUWAIT ) MAY JUST BE TROOPS THAT ARE ROTATING THROUGH AS OTHERS COME HOME, BUT THIS WILL GIVE THEM 70,000 US TROOPS AT LEAST FOR A SHORT PERIOD NOT TO MENTION THE IRAQI TROOPS WHICH I HAVE READ ARE MUCH MORE DISCIPLINED THAN EVER BEFORE.. I HAVE READ ALSO THEY HAVE HAD SPECIAL SECURITY TRAINING. (COULD THIS BE TO CHECK FOR WEAPONS/BOMBS ON THE 28,000,000 THAT WILL BE HEADED TO THE BANK) ? IT'S POSSIBLE THEY MAY WANT TO DOUBLE UP DURING THE ANNOUNCEMENT OF THE PRIME MINISTER TO PREVENT ANY KINK OF A COUPAS WELL. NOVEMBER 2 ND IS THE US ELECTION .....AND EVEN THOUGH WE ARE NO LONGER THE REPUBLIC WE WERE MEANT TO BE WHEN THE CONSTITUTION WAS WRITTEN......AT LEAST WE ARE A DEMOCRACY AND YOUR VOTE CAN MAKE A DIFFERENCE. I ONLY ASK YOU TO REMEMBER THIS. THE UNITED NATIONS HAS NEVER FREED ANYONE. OUR US SOLDIERS ARE THE ONES THAT LIBERATED THE CONCENTRATION CAMPS...AND THE FRENCH...AND COUNTLESS OTHERS THROUGHOUT HISTORY. PRAY FOR AND RESPECT THEM. AND VOTE. THIS TRULY IS THE MOST IMPORTANT ELECTION IN AMERICAN HISTORY. WE ALL KNOW AMERICA WITH ITS GREED AND POWER IS NOT PERFECT...BUT SHOW ME A COUNTRY WITH THE OPPORTUNITY TO EXCELL LIKE AMERICA....YOU WON'T FIND IT. IN FACT...DON'T JUST VOTE...TAKE OTHERS TO THE POLLS WITH YOU. POURITFORWARD SAYS : .....THE PERFECT STORM LOOKS LIKE IT IS HERE . HIGH OIL PRICES...HIGH GOLD PRICES...SECURITY TROOPS AND SMALL DENOMINATIONS HEADED TO IRAQ. DEADLINES EVERYWHERE. WORLD CURRENCIES FALLING. IN MY LAST POST..."SOMETHING BIG ABOUT TO HAPPEN" I STATED THAT THE ENTIRE WORLD IS IN FOR A SHAKEUP (WAKEUP) IN EARLY NOVEMBER. I NOW HAVE A STRONGER BELIEF THAN EVER THAT BY NOV 15TH OUR LIVES WILL CHANGE . ....BIGTIME. SOME SAY AN RV WILL HAPPEN TOMORROW...SOME SAY NEXT WEEK. I DON'T KNOW WHEN EXACTLY....BUT I BELIEVE IF THE GOI ISN'T SET IN THE NEXT 10 DAYS...IT WILL BE A MOOT POINT. GET READY TO CASH IN.....HAVE YOUR PLAN READY. IT IS COMING FAST NOW...IN MY OPINION. MOST IMPORTANTLY...DON'T FORGET TO SHARE. IT'S THE LEAST WE CAN DO. A LOT OF PEOPLE HAVE GIVEN THEIR ALL FOR THIS OPPORTUNITY...AND THEY HAVE SUFFERED ENOUGH, I PRAY FOR YOUR HEALTH AND SUCCESS. POURITFORWARD !!!

Week of Reckoning The week ahead promises to be one of the most momentous for the financial markets in recent memory, and will be dominated by a number of "pivot events" when currencies are likely to experience sharp changes in sentiment and large directional moves. We cannot emphasize enough that this environment offers many opportunities for those who are prepared to execute when favourable movements occur. The lead-up to Tuesday's US midterm elections will be a big market driver over the next day and a half as investors assess the balance of political power and the direction of economic policy over the coming years. All expectations are for a shift rightward, which will likely lead to Congressional deadlock and vastly diminished possibilities for additional stimulus spending. All indications are that Wednesday's policy announcement from the Federal Reserve will have a large and lasting impact on the US dollar, as markets judge the central bank's willingness to further debase the currency. If the amount of quantitative easing announced is higher than expectations, we should see a boost for asset markets and the Canadian dollar, while something lower than expectations will drag these markets downward. The most probable outcome is a six month $500 billion asset purchase programme, coupled with a commitment to do more if conditions warrant. By not engaging in a 'shock and awe' campaign, the Fed would reduce the possibility of a currency war while also avoiding extreme investor disappointment. On Thursday, the European Central Bank and the Bank of England meet and are widely expected to stand firm on rates, with no additional stimulus measures announced. The Bank of Japan has moved its next rate setting meeting forward to Thursday and Friday, when it is expected to follow the Federal Reserve’s moves with a large monetary easing programme of its own. This will be aimed at maintaining the yen’s position relative to the US dollar, while also providing additional stimulus to the Japanese economy. Friday brings the US non-farm payrolls report, which should add further nuance to market movements. We've seen a slight improvement in other economic data releases over the past two weeks, which has made some investors optimistic about Friday’s result. However, the bears are still rampaging through the markets and it will take an extremely positive number to dissuade them. Given the fact that many of these events add up to short term negative influences on the US dollar, there is a strong chance that the Greenback begins to gain as investors and traders turn their focus from what is priced in, to what isn’t. We may see a “sell on rumour, buy on news” effect. Either way, the big and simple ideas that have dominated the markets for the past few months are about to dissipate into a more nuanced environment, making things much more interesting for corporate traders and World Market Update writers alike - have a great week! By Karl Schamotta, Market Strategist, Custom House Best Rates Guaranteed with XE Trade. Get a Free Account Currency News Currencies USD - United States CAD - Canada GBP - United Kingdom EUR - Euro AUD - Australia CHF - Switzerland Currency Pairs USD/CAD EUR/USD USD/JPY AUD/USD USD/CHF NZD/USD USD/MXN GBP/USD Today's Currency Rates Currency Mid-Market USDCAD 1.0166 CADUSD 0.9836 EURUSD 1.3925 USDJPY 80.385 AUDUSD 0.9883 NZDUSD 0.7677 USDCHF 0.9875 GBPUSD 1.6073 USDMXN 12.34 Free Currency Tools XE Quick Cross Rates Economic Calendar Free Currency Charts Save on Money Transfers. Save with XE Trade > Spread the word about our Newsletter > Dollar Down, Commodities Up, Canadian Dollar Sideways Traders around the world increased their exposures to high yielding risk assets this morning after China’s purchasing managers’ index jumped, allaying concerns about government efforts to cool the overheating economy. China’s official PMI moved up to 54.7 from 53.8 in September, and a separate index showed a jump from 52.9 to 54.8. With further monetary easing actions expected from both the Federal Reserve and the Bank of Japan this week, the US dollar and the Japanese yen are on the defensive as investors position themselves for widening yield differentials. The dollar fell against the European, British and Australian currencies in overnight dealing, but lost momentum as the trading cycle continued. Commodities followed the tide of global optimism higher, with gold rising almost $4 against the dollar to $1,363 an ounce and crude moving back above the $82 mark. Base metals that are heavily exposed to Chinese buying all saw sharp gains as well, with copper, lead, tin, nickel and zinc all gaining more than 1% this morning. Somewhat surprisingly, this positive sentiment has not transmitted into the Canadian dollar’s value as of yet. Friday’s encouraging GDP report appears to have had little lasting effect and the currency remains stubbornly stuck in the middle of its recent trading range, pivoting around the 1.0200 mark against the US dollar. The fact that the Canadian dollar is not taking clear direction from the falling US dollar or the rising commodity complex is very interesting. While the Canadian dollar typically exhibits strong short term correlations with movements in the asset prices, fundamental changes in US demand have historically had a far greater influence on long run economic conditions. In essence, the broader foreign exchange market may be indicating that additional monetary easing by the Federal Reserve will have a short term effect on asset prices, but will exert little long term influence on US growth rates. Traders are clearly treading cautiously here.

I agree with you Jerryskinz, this is a sure fire bet based on what I've seen Med post. He really should be remarked highly like others, but seems to be a lower profile which is exactly my style. I really think he has the accurate info, not because I want him to, but because if you followed him you'd know that he doesn't stick his neck out there like he is in this post. I feel it people and for those that are trying to keep distance as to not get let down, I understand. For me...we have hit it and we are set to finally hit it big!! Go RV...Go Med!!!

Your right.....Let me make my opinion more political...For those of you who are out there that think there going to wake up zillionaries...I'm here to tell you that they won't. I'm no guru. Only a person who has been there. I know many of people who are still there, and we all know people who are in line w/ this. First.....There's a reason every person who's rich and know's better tell's you over, over, over, over and over again that its a scam. Its not because its a scam, its because its a waste of money....You will make a profit...Nobody on this site denies that. But the problem is, nobody know's how much if your not educated enough. The reason that Iraq's currency was so over rated was because of oil. Even though oil is important, have you not seen the world start moving to alternative fuels. Do you people really think that over the past 70 years our country really don't know how to make a vehicle get over 17 miles to the gallon. People I keep telling you to WAKE UP for a reason. The reason is that our government and military who really know better know's that we are about to move in another direction. Do you people really think that we took Iraq for OIL. If your uneducated, I'm sure you think that. But if you look at the real picture you will see that our country has positioned itself in a defensive position to our enemies. I'm sorry that you can't grasp the real picture. Sorry if I come across as a bad guy. But, when I came across this website, I have done a ton of research. I know people that only the pumpers on this site really wish they knew. They (all) have said to stay clear. IF I was lying, why do you think that every military person in our army doesn't know about this site. Our military has been there for over 10 years. Yes, I said 10 years and yet only a few. A minute few people are on this site. Have you every asked yourself why only poor, lower middle class and no really rich people are on this site. Think about it would you. Im only telling you this before you spend all your money on something that will not pan out.