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Showing content with the highest reputation on 02/07/2012 in all areas

  1. Don't want to come off as rude here but I find it hard to believe that Iraq will wait to change the value of their currency until our capital gains tax rate is enough.
    9 points
  2. Space Cowboy - BondLadys Corner Long But Very Good Read Just read the article posted here regarding Italy loaning Iraq half a billion dollars. Want to start jumping up and down in excitement? I am. This article makes me start to tremble and tonight I am going to dream of Hawaiian Beach homes... Seriously, this is one of the most blatant and most in your face financial articles I have read in a year. This article makes me giddy. I am seriously about to crap my drawers that this came out so blatant. Hang on to your crochet granny, we are getting close! Here's why! Italy is 2.4 TRILLION in debt! Italy has lost 3,000% of GDP in the last 10 years! Italy fell further than many of its Euro peers. Italy has, for the last decade, averaged a NEGATIVE growth rate! Italy has one of the worst export trade sectors of all nations, and it has an average age population of 45 years old! ... Read More Link On Right IF that doesn't give you a quick overview of how bad it is there, then consider this: it is estimated that in the next 7 years, Italy will only be able to pay off 4% of the loans it has taken in the last 12 months! That means they are, at the very best, going to default on 96% of all bonds purchased! This is a perfect picture of European failure and if you hang on just a few minutes longer, you will understand why their horrible situation MAY mean good news to us! I want to ask... with a situation so desperate and so bleak, why would Italy be ALLOWED to loan ANYONE a nickel... let alone 500 million! Recently, Italy has been having bond sales for very short term bonds with very high interest rates. Great for investors IF they pay, but most hedge funds have steered clear as the Euro crisis gets worse and worse. Italy can't make Germany pay off its debts any quicker, and Germany can't get Spain to pay its debts... and this goes on and on until you get dizzy and throw up. I can't make it any clearer, Italy doesn't have the money to loan themselves a salami sandwich, and if they actually loan Iraq 500 Billion there will be worldwide calamity as the Euro tanks! Now we are getting closer to the good part! I think you are starting to figure it out too. The question of the century is: "How in the wide wide world of sports is Italy able to loan Iraq 500 million dollars? The answer is easy. It isn't. A US Treasury Secretary, Henry Paulson, 2008, said “If you’ve got a bazooka, and people know you’ve got it, you may not have to take it out.” This statement rocked the world and opened a lot of eyes financially. Recently Mario Monti was placed into office in Italy. He made a comment about Italy's financial crisis that would make any bully proud. Mr. Monti stated that "the IMF doesn't need to ever actually distribute one single Euro to a single Euro country to get out of debt and salvage their economies. " He said that "all the IMF needed to do was to STATE THAT THEY WERE GOING TO INSURE LIQUIDITY, AND HAVE EACH MEMBER COUNTRY STATE THAT THEY WOULD USE THE LIQUIDITY TO COVER DEBT, AND FOREIGN NATIONS WOULD BE GLAD TO GIVE MONEY TO PROP UP THE EURO AND MEMBER COUNTRIES!" He is taking the bazooka statement and making it true for Italy's economic situation. The want the world to believe they have liquidity promised... so they can trick the world into giving them liquidity! That is insane!!!!! I promised good stuff. So since you have been patient, here it is. The only way in the world that Italy has any money to give to Iraq, is if Italy cashes in Dinar holdings at a RV'd rate! This "loan" is intended to make investors THINK Italy has a bazooka (liquidity) and they hope that we believe it so that Italy and the Euro will never have to prove it... because they can't! The IMF IS VERY OBVIOUSLY following the insaniac program to a "T". They are now, publicly trying to get everyone to believe that there IS liquidity in Europe... tons of it! The IMF is saying there is so much liquidity in Europe that even the nut job Italians can afford to loan 500 billion! Follow the lunacy straight to Iraq. They already have a huge IMF loan available to use at any time. They have billions in reserve, and they are playing with their currency auctions at will. They don't even need Italy's fake 500 million! So why the loan? Because there is an RV just around the corner. Nothing says "We are not going to RV!" on Monday like saying "We are borrowing money from the most broke and in debt nation in the world" on Sunday. Iraq's golden goose gets cooked if anyone knows the RV date in advance. this is the most blatant lie I have ever seen the IMF put out there, and trust me, it has nothing to do with Italy or the Euro. Iraq's problem is that they have been selling Dinar to some very bad people lately and the news hit the street and the you know what hit the fan. The IMF is running around saying stupid stuff and Iraq government officials can hardly contain themselves any longer. Want to watch the Euro get fixed? Hang on, cause the IMF is going to announce it very soon. They are probably NOT going to say it was Iraq because they want us to believe it is the liquidity in Europe that allowed Europe to rally and save their currency. Don't be fooled, it is going to take a monumental financial event... not a fake bazooka! And the only monumental event possible in the world right now is the Iraqi revaluation of its dinar. Sorry about rambling, but it is all just hype unless you understand WHY it is important that the IMF and Italy are faking a massive loan to Iraq. It is to keep Saudi and China from buying Iraq! But the part that is easy to put in your pocket and keep for lunch is this: Iraq is RV ready and the IMF just messed up big time. I am telling you quite honestly, I think this is one of the most important articles I have read in a long, long, time. When the IMF is scrambling to get everyone on board with the Euro it is so they can RV Iraq quickly and quietly. Maybe post RV we can go to Italy and buy ancient artifacts! LOL COME ON BABY... RV! I want to mention that most of the Italian fiscal info is from the respected economist, Edward Hugh. I want to give him credit for his in-depth charts and research that helped me put this all together. I have not quoted his weekly economic paper directly, but I have used the information he researched and provided freely in this post. Last edited by Space Cowboy on Tue Feb 07, 2012 3:33 am; edited 1 time in total (Reason for editing : I wanted to give credit to the researcher and Economist, Edward Hugh.)
    7 points
  3. Uhmmm, have you ever read their articles put out by the media? In one given day, they may put out 3 separate articles all with 3 different claims. It really makes for the rollercoaster.. One day they could be saying Parliament will be voting on the budget on Thursday, than later we can read an article stating that they're on break until X - date which surpasses that Thursday. Than you get another article stating that they won't vote on that particular (budget) until end of the Month or something. They are not consistent. Sorry, but if we were to believe everything we read through a media article on a daily basis, our heads would spin. Consistency? No, none whatsoever.
    5 points
  4. If we are in silent mode then why are we hearing any Guru static? I would like to put these gurus in true silent mode.
    5 points
  5. 07/02/2012 | (Voice of Iraq) - Add Comment - Baghdad / However - Maher Abdel-Latif said the central bank, Tuesday, not the abdication of the last instruction of the window on the foreign currency tagged "financial auction." The central bank adviser said Mohammed Saleh, told the future: The new regulations require customers ratification Skokhm by banks that have accounts and are subject identities and Msthompskathm audit to prevent the sale of foreign currency to non-Iraqis, noting that these instructions will not be waived, because the currency of Iraq covered and locked, and we have many means to feed market in foreign currency. He added that the instructions were issued after the rise in applications to buy the dollar, saying it stood by the beginning of last December's highs reached $ 400 million, and between: We Azina for internal reasons Calanzhab U.S. and rumors about the security and the relationship of demand for the dollar and the expansion of the budget public, and external causes such as sanctions on Iran and Syria, praising at the same time, Government's request exception of Iraq from the sanctions resolution against Iran, he said that Iraq does not have ports with other countries in the world, especially since the local production of Iran covers many of the needs of the Iraqi market. and expected benefit of The Iraqi dinar is witnessing a huge boom in the future, noting "it is almost hard currency because it is covered completely in foreign currency, and there is free transfer." Read more: http://www.sotaliraq.com/business.php?id=5652#ixzz1ljVRN6or
    3 points
  6. Greeting Members, Ray and I have been comparing notes with our contacts and we have been very encouraged with the recent news coming out of Iraq. The other day one of our members posted a few screen shots which are below and a current news article to back up what our contacts are saying. Here is a current update by one of Ray's Iraqi contacts: Steve, Was talking to some of my contacts yesterday and today and just wanted to give a little update on what is happening in Iraq right now. The people over there have been getting nervous about all the currency that has gone to Iran and Syria and was worried that the CBI was going to run out of money. Mohammad Mudher, the man who gave the press conference last week, came on TV yesterday and told the people not to worry about anything. He stated that the CBI has triple the money in reserves than all the dinar out in the market place. Also, the CBI has instructed all the banks to quit taking the Iranian and Syrian currency and also told the money changers too. The merchants that are still taking it are having to go to Dubai to exchange it. Also, Maliki is meeting with Talabani tonight to discuss the remaining minister positions. It is hoped that they will come up with an agreement on the positions. Also, all the ministers will be swearing an oath tonight to the government of Iraq. They will be placing their hands on their holy book of choice. They will be swearing their allegiance to the government only and not to any other outside group or government. I hope to have more information on the outcome of this meeting that I can share tomorrow. Blessings, Ray Now adding this article from Iraq-Business News, it supports the TV news. Iraq now has over $60 million in foreign currency reserves as a result of the country’s oil sales, according to a report from Azzaman. Mudher Saleh, a consultant with Iraq’s Central Bank, said the reserves are the highest in the country’s history, and are more than enough to cover the total volume of national currency currently in circulation. Saleh made the remarks following a surge in demand for the US dollar, fueled mainly by sanctions on neighboring Syria and Iran, saying the Central Bank was determined to meet demand for dollars. The bank had no problems selling dollars in return for dinars, he added, and this has boosted confidence in the local currency. External trade with the dinar as the currency of choice was on the increase. Trade flow between Iraq and Iran and Syria has skyrocketed recently, according to Azzaman, with Iraq supplying the demand for sanctioned goods. With all this great news, things are looking more positive. Here is yet another positive news article: Sunni Ministers in Iraq Return to Cabinet Published: February 7, 2012 BAGHDAD — Iraq’s Sunni ministers returned to the cabinet on Tuesday, an incremental step that eases the tensions of the country’s political crisis but does not end it, and sets the stage for a national conference to seek a durable solution to a sectarian drama that erupted just as American troops left in December and raised the specter of a civil war. The decision by the ministers for Iraqiya, the parliamentary bloc that includes most Sunni lawmakers, to rejoin the government follows the recent decision by Iraqiya to end its boycott of Parliament. Together, the decisions represent what Sunni officials called good-will gestures, but notably did not come after any public concessions from the Shiite-dominated central government, which is led by Prime Minister Nuri Kamal al-Maliki. The two largest issues that precipitated the boycotts, and exacerbated sectarian tensions by fueling a sentiment of disenfranchisement among the country’s Sunni minority, have not been resolved. Those were an arrest warrant issued for Vice President Tariq al-Hashimi on terrorism charges, and Mr. Maliki’s attempt to fire Deputy Prime Minister Saleh al-Mutlaq for calling Mr. Maliki a dictator in the press. Both Mr. Hashimi and Mr. Mutlaq are Sunnis. But officials said that Iraqiya has since distanced itself from Mr. Hashimi’s case, removing it from the center of the crisis by essentially agreeing with Mr. Maliki to leave it to the courts rather than the political arena. With Mr. Mutlaq, Iraqiya continues to insist that he be allowed to return to Parliament, while officials from Mr. Maliki’s alliance have insisted that Mr. Mutlaq would first need to apologize. A report in the Iraqi press this week suggested that Mr. Mutlaq — who was traveling abroad on Tuesday — had drafted a letter of apology, but several officials, including Hamid al-Mutlaq, an Iraqiya lawmaker who is Mr. Mutlaq’s brother, denied that. The crisis has had the result of weakening Iraqiya — and thereby the foothold of Sunnis on a stake in public life — and strengthening Mr. Maliki’s power, especially among his Shiite base. Not only did Iraqiya end its boycotts of both Parliament and the cabinet without receiving anything tangible in return, some ministers defied the boycott and some members of Parliament have broken away from Iraqiya. Nada al-Juboori, an Iraqiya member of Parliament, described the end of the cabinet boycott as simply a “good step toward holding the national conference.” Even so, Mr. Maliki has not backed away from targeting Sunni lawmakers. This week, the central government sought to lift the immunity of an Iraqiya lawmaker, Haider al-Mulla, which could precede Mr. Mulla being prosecuted for criticizing a judge involved in Mr. Hashimi’s case. The lull in the crisis appears to represent an effort at closed-door reconciliation among Iraq’s three main factions — Shiites, Sunnis and Kurds — to at least paper over their biggest differences and prevent a collapse of the government or worse, a slide in to civil war. President Jalal Talabani, who is a Kurd, recently returned from knee surgery in Germany and has been meeting with leaders to set the parameters for a national conference that could be held in the coming weeks. Meanwhile, an Arab League delegation recently visited Baghdad and agreed that this year’s Arab Summit, which was canceled last year amid the turmoil in the region and concerns about security in Baghdad, will be held here next month. With Syria facing an increasingly bloody revolution and Egypt struggling to secure the promise of Tahrir Square, the gathering — if it is held, and there is plenty of doubt that it will given the region’s uncertainties — would swing the world’s spotlight on Iraq. “It would be a sign of Iraq’s full integration in the world and the region,” said Hosyar Zebari, Iraq’s foreign minister. Mr. Zebari said the upcoming summit meeting has given Iraq’s leaders a new incentive to settle their differences — at least temporarily — so they can show the world a united front. The crisis has extended beyond Iraq’s borders, causing a diplomatic disturbance with Turkey, Iraq’s biggest trading partner. Comments by Prime Minister Recep Tayyip Erdogan of Turkey that were critical of Mr. Maliki’s handling of the crisis “infuriated the Iraqi people,” said Mr. Zebari. Mr. Maliki, meanwhile, has still refused to meet with Turkey’s new ambassador to Iraq, who arrived in December. For the Iraqi people, the crisis has further alienated them from their leaders, whom most regard as corrupt and out of touch with the lives of ordinary citizens. Parliament recently convened to try to pass a $100 billion budget, but delayed any decision. It did, however, pass a law banning smoking in public spaces, which will likely prove difficult to enforce in a country where nearly half of all males are smokers. Some leaders now say that the initial rhetoric following the eruption of the crisis in December, in which many predicted the country would soon devolve in to civil war, was overblown. “I’m still convinced that the sectarian war has ended and won’t return,” said Ammar al-Hakim, the leader of the Islamic Supreme Council of Iraq, a leading Shiite political party. “Those bad years in Iraq won’t return.” ******************************************************************************************************************************** Central Bank Defends Weak Iraqi Dinar Iraq’s Central Bank says it will not allow the Iraqi dinar to depreciate and has been selling hundreds of millions of dollars to keep the currency stable, according to a report from Azzaman. The dinar weakened in December, prompting the bank to sell dollars in a bid to withdraw cash from Iraqi markets. The bank did not say what caused the dinar to plummet to “lows it had not seen for years”, but officials privately say the plunge might have been due to political uncertainty in the region. Mudher Saleh, Central Bank’s deputy governor, said there were no sound economic reasons for the currency’s weakening, but speculated that it might be the economic difficulties Iraq’s neighbours are facing, particularly Syria and Iran. The bank coffers are said to be brimming with hard cash from oil sales. Saleh said the bank would not let the dinar fall and in one day in December last year it sold $200 million on the open market to squeeze liquidity. “We withdrew in one single day about one quarter of a trillion dinars, thereby bringing stability to the currency,” Saleh said. He said Iraqi traders and industrialists have turned into middlemen for these countries, which has led to a substantial growth in demand for hard currency. ******************************************************************************************************************************** Please remain positive and let Iraq finish wrapping things up. Now, when you see the borders closed you know it has happened! Remember, "Silence is golden unless you can improve on it!" I hope you all have a great week and even better weekend. God Bless you all and your families. Steve
    3 points
  7. ***/// Dude!, don't dis the MEDman, he's not like those other freaks... He's brought out some pretty sane stuff. He's one of the few that does the homework & is kind enuf to share. He doesn't bloviate bs thru a bull horn like those weasels.
    3 points
  8. Thanks for the info Tampa, but do you have anything to support these statements? I do admit, I have been one to state that they cannot appreciate the value of their currency by 1000x the current rate with the current amount of dinar in circulation, and I also admit that I have stated that when they refer to the deletion of the zeros, that this definitely refers to a redenomination, and I have also repeatedly stated that the Govt is opposed to the idea and the CBI plans to redenominate, BUT, what I also did was provided the supporting information, and historical documentation to support what I am stating. Do you have anything to support that anything that I, or anyone else have stated is less than factual? You can go back and look at any of my posts, and you are welcome to explain where this information is wrong, and provide some supporting facts that any future RV of 1000x or even 500x the current rate was planned in the past, and I would love the information. I am "in it to win it" just like you, but what I will not accept are the people that lie to fellow investors for their own personal gain outside of gains on this currency investment based on false pretenses. I come here, and share information that I know to be true, and can be supported by facts, and do so with the spirit that the folks here are always friendly even when we do not necessarily agree. I have had that discussion with others in the past. If you can support your feelings, then please do so, if not, then just say that you are also just basing your feelings on emotions, but not necessarily on factual evidence. I can respect that, but I am not sure that it would be fair to tell people that they are not allowed to share the facts with others to help those that want the facts as any serious investor should, just because it may not be the information we "want" to hear.
    3 points
  9. You don't have to come to the rumors section either. It's posted for comic relief.
    3 points
  10. If the cbi announced or recorded to the world, we have removed 70% or more of the money during the time we were on the program rate, everyone would be buying up dinar waiting for the program rate to be lifted. You couldnt curve the speculation if you showed only billions in circulation. We only see whats recorded in cbi financials. if your looking for the smoking gun to see the currency has been reduced, you wont find it. anyone with any research, knows what a rd is and how they work. If you believe the data and financials, great. if your still in this investment and think theres 30 trillion dinar in circulation, then Rd is it, thats it theres the end result. if all the cards were laid out so all the speculators can know exactly whats going on, that wouldnt work. Some want to believe everything the cbi says or shows on paper. if the cbi is being honest, then rd is it. why stay in?? People want to defend the financials like its the holy grail. so you can either believe what the cbi says, which is rd. but if any scenario of a rv exists, we wont see all the cards or facts. thats why this is speculation. If you arent going to speculate and take a risk, then walk away knowing the cbi is being totally honest and plans on redenomination. the same people come on this site everyday, and we cant have a conversation beyond defining a rd.
    3 points
  11. It says 'the law was passed to give Iraq opportunity to address inflation' .....so if a law was passed and it wasn't the 3 zeros lopping law it looks like we just may be in the good soon, Just my interpretation.
    3 points
  12. How many of you people in Dinar Land trust the IRS? After my exeperiences of the last year they are at the bottom of my buddy list. To put it into real perspective: The only thing lower than whale poop in the bottom of the ocean is the IRS. As some of you may know, I had to take and adopt my eldest daughter's new born in 2010 because my daughter could not care for him. That's another story for another time. Anyway, on my 2010 taxes I had a couple of issues that I had to deal with one being the loss of my home in Las Vegas, which went into forclosure and was one reason I moved back to New York State. In the end, my accountant was able to get me a $100,000 credit on the loss of the property for my future taxes. For those of you that are not in tune with how some of the housing market took the bad hit, let me tell you how it went with me. In Jan of 2005, I bought the house brand new for $335,000. In Sept of 2006 my bank had indicated to me the the value of the home was now at $400,000.00. The bank I was dealing with was of the nations top five institutions. My bank man said that I made more money in the first year of the mortgage than if I did playing the slots. My bank man was very helpfull (YEAH RIGHT!!!!!!) in pushing me to sign up for taking on a line of credit against the property. He was very convinceing and used all his fancy talk have me take it on. I decided that I would use the money to buy a house in New York and move back as it was just to hot for me . 2007 came along and I moved back to New York after making sure the LV property was rented and taking care of its self. Then 2008 came along and the bottom started to drop out of the housing market. I felt like I was back peddling to keep things a float. I couldn't keep the house rented at the price I needed sustain my exspenses. Soon the place sat empty. I went back to the bank who was so once very acomodating only to have them tun their backs on me and now telling me no no no every step of the way. Soon I did the unthinkable, and under the advice of my lawyer I walked away from the house and let the chips fall where they may. By mid 2010, the house I thought I would have for many years was sold by the bank to someone for $135,000.00, some $200,000.00 less than what I had paid. The IRS didn't even bat an eyelash on the credit loss.Oh such is life I bet. Meanwhile in 2008 my eldest daughter got mixed up with this Internet jerk she had met and he conned her into taking on credit for him, got her drinking and became somewhat abusive to her and before long her debts piled up to $27,000.00. To make matters worse managed to talk her into getting pregnant. You see my daugther is somewhat learning disabled and this was the biggest reason I moved back from Las Vegas.My family and kids come first even though I am divorced. Becasue of a problem the day my grandson was born, Social Services took the baby away from both the mother and the father and put the baby into a Foster Home. At about 2 moths old I decided that I would step in and start the legal paperwork to become a Foster Parent and get the child with me, afterall the baby was my first grandchild. After going through all the rigors of the papwork and back ground checks, the courts granted me custodey of the baby. I had only 4 days to prepare for the arrival of a new baby. It was like a four day pregnancy for me and here I was 57 years old. After I took custody of the baby I had to try and stop the father from having and visitation with the baby. Let's say the father was a magot and didn't deserve any rights. After my lawyer did her investigation of the father and the family, the judge decided that there was enough there to limit visitation between the birth father and the baby. A short time later the father found himself in prison on some sort of violation. This was all I needed to start on my next move.. I then decided that I was going to adopt the baby only if the father violated certain terms of the law as far as maintaining contact with his children which he failed to do so. Once out of the way, I had my lawyer perpared all the proper paperwork to start the process of adoption. Within six months the jugde made the rulling finnal that I was able to adopt my grandson and that all rights were stripped away from the father. I can not legaly tell you on here what info I have on this man that makes him such a menace to society. Anyway, getting back to the IRS as if I didn't have enough problems. Last year when I had my accountant do my taxes, he clued me in on one thing. Prez Obama had included in her first stimulus bill, an adoption credit to enourage adoption. All I wanted to do was to claim a credit of $4,000 +. Over a period of 6 months the IRS had kept asking me for the same information over and over. They wanted copies of all the legal court paperwork to ensure everything was proper. Everytime I sent it all in they would turn around and ask for it again and each time using more abrasive language. This got to much to bear after a while so I paid a visit to my congressman in December. In Jan. the IRS admitted to some sort of error, but now decided that they would give me a credit of $3,400 instead of the $4,600 I was leaglly owed. By now after the last 2 years I was tired of fighting with the banks,lawyers , the courts, a crimminal kid and most of all the IRS. So I took the money and ran all the way to the bank and cashed the check before they changed their mind. I have it all in 20's in my safe. Now, my adopted son is nearly 4 and is doing relly well. In the end I wanted to clue everyone in about the nastyness of the IRS even when you do play by the rules. I am just the little guy in the scheme of things and yet the IRS still has the time to pick on all of us that are the little guy. We all have our own stories as we move through the road of life, but after rereading this, I have disscovered that I am like many other people out there that wheathered the trip through the recent reccesion in his own terms and have come out better for it.
    2 points
  13. http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Falliraqnews.com%2Fen%2Findex.php%3Foption%3Dcom_content%26view%3Darticle%26id%3D3716%3Ais-receives-promises-to-activate-erbil-agreement-says-mp-%26catid%3D35%3Apolitical%26Itemid%3D2 IS receives promises to activate Erbil Agreement, says MP Tuesday, 07 February 2012 12:23 Baghdad (AIN) –MP Ashur Hamid of the Tajdeed Bloc, headed by the judicially wanted Vice-President Tariq al-Hashimi, pointed out that “The Iraqiya Slate got promises from other blocs to work in order to activate the Erbil Agreement through the national meeting expected to be held in Baghdad by the end of February.” MP Hamid stated to the All Iraq News Agency (AIN) Tuesday “The National Meeting will discuss the items of Erbil Agreement due to the flexibility shown by other blocs towards activating the Agreement.” The return of the IS to the Parliament and the Cabinet came as a response to calls of many blocs in addition to sustain the success of the upcoming national meeting as well as to help enacting laws and regulations in Parliament, he stressed. The preparatory committee formed to set a road map for conducting the upcoming national meeting has met in President Talabani’s house on Monday evening in order to set the principles of the meeting, after its first meeting on January 15th with attendance of President Talabani, Premier Maliki and Speaker Nijaifi.
    2 points
  14. Guru Tony TNT is recently at the The BHG location raided by FBI and the IRS. Breatling too admits to being at the same location, but only for a while and then leaves... Really! Breitling still being linked to other investment scams. Link: http://www.realscam....651/index2.html Guru Tony TNT is known at Tony Renfrow and has 14 scam charges and over a dozen fraud companies. Link: http://www.ripoffrep...ny-Renfrow.aspx Are we all ever going to see an RV. The Gurus keep getting exposed for illegal activities. Be careful. Go RV
    2 points
  15. Here is a great example of why I don't believe the articles....In this news clip below they started talking about an RV then just a few seconds later they call it RD so go figure....These people in the media will drive you nuts if you follow them.... Please see link: http://english.cntv.cn/program/bizasia/20110908/104798.shtml
    2 points
  16. True. and it would be easier for the cbi to just post 25,000 old equals 25 new dinar on their website. i mean, if your on a mission to educate the citizens about a rd, post it. please, tell us all about it. Yet, they dont. then, they go on to tell us phase 1 is complete! What??? Let me ask, if this is still being debated or studyied, how in the heck did we just complete phase 1?? The cbi talks about inflation and how its expected to rise as the budget is released to projects, etc. they are going to have to deal.with inflation, which could lead to a rv.
    2 points
  17. lotsofdinar, That is why we are called speculators. We have faith because there is reasonable evidence to conclude that in fact we can expect a 1000X ROI. I choose not to buy the Veitnamese Dong because the is not enough of an ROI involved. It wastes my time and rescources. I would not waste my time on currency speculation unless the possibility's were like the probability's involved with Iraq. Maybe the wealthiest country on earth and still barely tapping it's potential. By the Bibles definition; Faith is the assured expectation of things hoped for. The evident demonstration of reality's though not beheld.(look up the location of the text yourself.Your a smart man) If with all the evidence by now, if you cannot see a potential 1000X the ROI with the Dinar as a minimum. No one can help you. You seriously need to change your DV name to "justalittledinar".It is more fitting ...oh one of little faith Don't be too offended cause I'm 1/2 way funnin with ya!
    2 points
  18. We're all speculating on the event, looking for information to back our theories & speculation. It would only make sense that the value of their currency will go up, so buying into the IQD seemed like a smart buy, right? Well, what we have been seeing is a slow rise in value over a long period of time. Than to back it up with potential R/D (lop) articles puts a damper on our hopes of profits. Luckily, we have seen so many R/D articles come out, yet no action has taken place. They've been so abundant, it is like the little boy who cried wolf did it 1 or 2 many times and now we know to ignore that little boy. It doesn't mean a wolf would never come, but obviously the kid is wrong the majority of the time. Interesting enough, we are now seeing opposition of the idea which pushes the CBI to move to plan B, unless they plan to battle this out forever. We can apply our theories, opinions, and so forth but we will end up sitting & waiting. I find it best to utilize this time to educate ourselves when possible. Avoid filling your head w/ the fluff of extreme rumors. Rumors may be entertaining, but they still twist your mind. We all have our own opinions from what we have read, and I've gained a few theories on how this could play out through observing the articles. The possibilitilies are truly endless They can lop, but does it have to be 3 zeros? Why not 1 or 2? What about a slow gradual rise over time, where they reach $0.10 in 5 years? What about the use of bonds to reduce their money supply? Change of monetary policies? Why so much talk on the R/D? I believe it is the simple best defense.... Revenue neutral event that will not have any significant impact on the economy, because no wealth is gained or lost through any person unless they're the ones buying to sell to speculators. They're making $ because of mark-ups, but that is business. If they were saying to the world, we're going to R/V 1,000 times our value sometime in the future to the whole world, could you about imagine what would happen? Common sense gives us that answer LOL
    2 points
  19. One of the most valuable assignments I had during my military career was as a statistical analyst at the Air Force Personnel Center. During my first week on the job, one of the "old heads" in the personnel world took me aside during a conference and said, "The most important thing you need to know in this business is, you can make numbers say anything you want them to say." I think we all should keep that clearly in mind as we read the numerous posts from the Iraqi media.
    2 points
  20. Hi Emax, and Welcome! As far as information goes, the best I have found, is Breitling. I have been listening to his blog since sometime late October, and feel very well informed. It is also nice to have a place that keeps you patient and grounded, while really informing you on why and how Iraq is going to RV and why this is such a good investment, although don't be in a hurry--we can speculate about the when but there is no way to know. My other favorite, is Adam's weekly chat posted on Wednesday each week. Especially for a newbie, he answers questions and gives an update of where he believes we are. Both sources are well grounded and easy to understand. Adam has a book for sale also-- http://rvintel.com/ but you can save a few bucks if you just join VIP and get it for free. You might decide to join VIP if you want to take advantage of amazing discounted packages for post-RV strategies that will help you manage and protect your wealth, both tax and otherwise. If you buy the book and read it, you're probably going to sign up for VIP anyway so just save yourself the extra $10. I think it's discounted now from what I paid, a very good deal all in all. The more IQD you own, the worse you need it Blessings! P.S. I agree with what the others said about all the gurus except for Bondlady...she's good...and the ones listed as idiots are all...idiots.
    2 points
  21. 2 points
  22. The theory I keep hearing here is that Iraq wouldn't have to buy back any of it. The UST would buy them back and then use the dinar to buy oil from Iraq over the next century. Doesn't make sense, but lots of folks seem to believe that. Essentially, the theory goes, the UST is going to loan Iraq trillions of dollars in exchange for all of their future oil production.
    2 points
  23. Thanks for the input everyone! After doing some reading on this site, its seems no one is really a fan of Okie and his group. Too bad I wasted a lot of time reading his stuff lol. Oh well, what doesn't kill you........
    2 points
  24. Adam....two part question: A. according to your info, how much dinar is currently in circulation? B. do you buy into this fractional banking theory that says they only must be able to back 10% of any outstanding dinar?
    2 points
  25. When the Presidents first round of infrastructure stimulus came around, my community qualified for half a million (doled out by the state, mind you). The "american" contractor completed the job successfully. And all I heard was, "That contractor is not local". His firm was from a neighboring county. People spouted off, not knowing a thing about the bidding process. You will never make everybody happy. All people want to do is work. And they don't care who gets the job.....if it's not them, it's wrong. As always, just my opinion. Oh, on a side note: Had this job not required union workers, making prevailing wages......it would have cost half as much. GO RV, then BV
    2 points
  26. zig, I don't think you are getting what I'm saying Shabibi has always wanted to RV but he can't let on he does.....no lop!!!! Did no one get what I wrote...I give up.... Like I said on the very first post....Here we go again...at what point is everyone just going to let the lopsters lop....I'm gone...you guys have fun....we are real close and I'm not going to spend any more time reading lopsters...see yea..
    2 points
  27. Not rude and well said .... agreed
    2 points
  28. fnbplanet, this is what I just wrote on another thread.... Something just hit me.....no Carrello it wasn't L's skillet... ..... maybe, just maybe they won't need to hold the National Conference and that's why they won't commit to a date, time or place. They should be that close on implementing Arbil....if they do that means GOI is formed....UN is happy and Chapter VII released. Kurd's and Iraqi List members vote and pass HCL and the new refined budget that all of us want...... a new rate..... I think they knew they were that close last Thursday when they set all day Monday aside to read and vote on the budget (article yesterday) but something came up so they gave themselves until Tuesday now to get it worked out.....hence all the good news from yesterday's meetings...and the great news today.... Read more:
    2 points
  29. While the C-5 was turning over its engines, a female crewman gave the G.I.s on board the usual information regarding seat belts, emergency exits, etc. Finally, she said, 'Now sit back and enjoy your trip while your captain, Judith Campbell, and crew take you safely to Afghanistan ' An old Master Sergeant sitting in the eighth row thought to himself, 'Did I hear her right? Is the captain a woman? ' When the attendant came by he said 'Did I understand you right? Is the captain a woman?' 'Yes," said the attendant, 'In fact, this entire crew is female.' 'My God,' he said, 'I wish I had two double scotch and sodas. I don't know what to think with only women up there in the cockpit.' 'That's another thing, Sergeant,' said the crew member, 'We No Longer Call It The 'Cockpit. It's now The Box Office.' Quote of the day: 'Whatever you give a woman, she will make greater. If you give her sperm, she'll give you a baby. If you give her a house, she'll give you a home. If you give her groceries, she'll give you a meal. If you give her a smile, she'll give you her heart. She multiplies and enlarges what is given to her. So, if you give her any crap, be ready to receive a ton of ****.' Women are Angels. And when someone breaks our wings, we simply continue to fly... usually on a broomstick. We are flexible like that.
    2 points
  30. SIMPLE TRUTH 1 Partners help each other undress before sex. However after sex, they always dress on their own. Moral of the story: In life, no one helps you once you're screwed. SIMPLE TRUTH 2 When a lady is pregnant, all her friends touch the stomach and saying "congrats". But, none of them come and touch the man's tool and say "Good job". Moral of the story: "Hard work is never appreciated. No Underwear - Makes Sense to Me A man came to visit his grandparents, and he noticed his grandfather sitting on the porch in the rocking chair wearing only a shirt, with nothing on from the waist down. 'Grandpa, what are you doing? Your weenie is out in the wind for everyone to see!' he exclaimed. The old man looked off in the distance without answering. 'Grandpa, what are you doing sitting out here with nothing on below the waist?' he asked again. The old man slowly looked at him and said, 'Well.....last week I sat out here with no shirt on and I got a stiff neck. This is your grandma's idea.'
    2 points
  31. Your assumption is that it will be considered Cap Gains? That would be fine with me, but I fear it will be ordinary income and much more than 15 or 20 %!
    2 points
  32. zig, don't count Shabibi out...he is smart like a fox IMO.....what better way to spin this thing but to have Maliki be the one that thought of it and wants it. Remember that the Bush Administration was the one that put Shabibi in as the Governor of the CBI in the first place, just read the book "Billions Over Baghdad" written by John B. Taylor, under secretary of the Treasury from 2001 to 2005, is the author of “Global Financial Warriors.”...... http://www.nytimes.com/2007/02/27/opinion/27taylor.html?_r=1&oref=slogin Taylor and Shabibi are good friends and co-wrote the plan that we are watching unfold right in front of our eye's. How would it look if this was Shabibi's idea.......this think about it........
    2 points
  33. Very well put....your much more tactful then I am But then again, it all had to do with the way he came at me....
    2 points
  34. Your correct....the only opposition to this plan to RD is from the govt...which is great....thats why Ive been saying Maliki is our man....not Shabibi.... These articles are better for reading....
    2 points
  35. Awesome read, and great info. I completely agree with this. The one thing that really has me believing is Afghanistan. I know it doesn't have anything to do with Iraq but, I am in Afghanistan and i have been to Iraq. The diffence between these two countries and the people are too numerous to list. I do have more faith in Iraq and her people. i also know what both countries have to offer. Iraq has oil, natural gas and recourses that they have some freeedom to take advantage of. They also have a government (still growing) that is trying to fix what is broken. Afghanistan on the other hand has no oil, no reachable recourses (Due to the violence in the country) and a governement that would make Iraq's look like a juggernat. I know this is a little rambaling but my point is this . How can a country that is as hopeless as Afghanistan have money that is worth more than Iraq. Just hold on my friends this investment really is a god send and those of us who took the leap and patiently waited will be rewarded.
    2 points
  36. WELCOME EMAX THE BEST HELP/ADVICE I CAN GIVE TO A NEW INVESTOR IS TO JUST BELIEVE IN YOUR INVESTMENT, BE PATIENT, AND REMAIN GROUNDED. IMO: YOU'LL BE "VERY THANKFUL" FOR YOUR FELLOW CO WORKER TELLING YOU ABOUT THIS ONCE IN A LIFETIME OPPORTUNITY.
    1 point
  37. Iraq is at a very pivotal position. Their surrounding neighbors are in termoil and they know these countries will look to them for stability. The dinar could be the new dollar in the region.
    1 point
  38. RESPECT for each other is number 1. Never let the sun set on an argument or disagreement. Always kiss and makeup. Give each other the space and freedom for their own individuality. The old adage of it takes two mules to pull this wagon should be applied. Work together Play together Love together Don't try to change each other - after all, you fell in love with them as they were, if you make them change, you may not like what you get.
    1 point
  39. if Iraq has 60 billion US$ in reserves and they RV at 1 to 1.....they can only cover 600 billion US$ based on fractional banking theory. They have way more than 600 billion dinar in circulation.....some one needs to wake up from their dream and face reality. Wishing will no make this RV fly.
    1 point
  40. I hope this is true.... until the weeks pass, we keep on riding this mary-go-round.
    1 point
  41. At the end of this month another article will say by the end of march, in the coming days. Believe me I hope I'm wrong, but givin their track record. We'll see.
    1 point
  42. Surprise Surprise, Many are unaware or have forgotten that the all powerful "O" gave a contract to a Canada company to come in and work on our roads and bridges from the first stimulus disaster. Yeah shovel ready jobs, just for people in another country is the problem. At this point nothing would surprise me coming from the anointed one himself. November can't come soon enough!
    1 point
  43. By the end of February... How about by the end of this week?! Thanks, Gente! KK
    1 point
  44. I'm pretty sure the iraqis aren't using the term lop. I give the article no merit.
    1 point
  45. Thanks for the post Scrum.....There are many people in this country who know that what you say is fact and I am one of the many. Sadly, many of those who still don't see what is happening in this country, will quite possibly have to figure it out is after it is too late. I didn't take what you posted as being obnoxious in the least and if people took the time to look up each fact you stated, they would more than likely not feel that way either. Ron Paul is the ONLY candidate who scares the hell out of the government because they know he will EXPOSE all the inside corruption that has been going on for years. Those sheeple who don't like what he stands for, are those who tend to pick out one issue that they do not agree with and base their opinion on that alone. They really need to weigh out the pros and cons for themselves and then if they still can't figure it out, I guess we can pray for them when the BOOM hits and the smoke clears.... Do have a great day Scrum.....I always enjoy your posts. :lol:
    1 point
  46. Because somehow they are going to raise the exchange rate....they did a little already, they are talking about moving it more, but anything is still possible. Even in these redenomination articles they speak about raising the exchange rate....because thats the 2nd path they could take.....in either scenario RV or LOP, they will be able to raise the exchange rate.... Thats why I think these deleting the zeros articles are somewhat important....I of course prefer the ones that say they are against it or trying to convince the CBI that its a bad idea.....
    1 point


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