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  1. 133 points
    Hey everyone! Spoiler alert: Long post full of jumbled thoughts ahead. This should be a rough draft, but deadline is past so I'm submitting it and completely prepared for the backlash. I've been working on this for a bit.. actually, I've been working on it and thinking about it for a bit more than a bit. The truth is, I've been kicking this one around for a while now, and it's time to just let it fly. There's a few things that are nagging at me constantly these days. Things I just need to say. And the more I think about them, the more I try to get it perfectly written, the longer I put it off... well, it's just not getting easier, so please allow me to apologize in advance for this poorly written, mangled and jumbled hodgepodge that I'm going to call an "update". I'll just be blunt right now... I'm going to alienate a few of you. Heck, maybe I'll alienate MOST of you. I guess we'll see... the truth is, I'm ok with that (sorry not sorry). I've never pretended to be the person that minces words or paints pretty pictures when the situation is gloom, but the fact of the matter is this - I've got some things I need to get off my chest, and not all of you are going to like it. I'll explain. Most of you know that there are a few dinar sites on the web that incorporate religion. There are some that are politically slanted. There are some that you might need to don a tinfoil hat before entering... ... and then there's a couple which require a super secret password before entering, because once you enter you will be guaranteed a $4.29:1 exchange rate no later than LAST WEEK! *sigh* My friends... THIS forum (dinarvets.com) was built on a foundation of open communication, respect, and a common interest in the Iraqi Dinar. My role here is a complex one, and that's mostly my fault. I say it's "mostly my fault" because for years I have chosen to keep my personal views out of my analysis and commentary. My weekly updates would probably be a lot simpler if I had chosen to simply let loose with my personal opinions, BUT... I've chosen to take a non-partisan role, staying as neutral as possible in all topics. Quite frankly, I think that's served the community well. I think I've done a good job of educating people, and I really feel like I stuck to the rules I laid out for myself so many years ago. I smile when I think about that silly phrase, because as time goes on I realize more and more that I don't want to be "non" anything (be it political, religion, race, ice cream flavor, or ANYTHING ELSE). And then the smile on my face goes away, for the same reason it got there in the first place... because I "stuck to the rules". I stuck to the rules?! What the @#$$$$$$$%X$@??!!?!?!! I don't like rules, and at this moment in time I am acutely aware of WHY I don't like rules... RULES go against my natural instincts. I don't think I was meant to be a conformist, I've always had a problem with authority, I doubt that will ever change. I don't trust banks, government, or cops. I make sure I have a backup plan, I work hard because I don't count on handouts, and if I ever get in a tough spot... I am up for the challenge. Those are some of the reasons why I've taken steps to protect my wealth and assets using the strategies outlined in the VIP section. (YES, everything you see in the VIP section is there because I have tested tried and now TRUST that it is the absolute BEST way to do things. The strategies aren't just recommended, they are HIGHLY recommended.) From now on, I'm not holding back. I'm going to inject my personal views into my posts, I'm going to just let things fly and the dust will settle where the dust settles. "It is what it is". Now, let's get on with the alienation. I don't trust ANY government, I oppose "the system" on almost any day, and that's just the start. I strongly believe that every person is responsible for their own destiny, which is why I normally vote conservative over liberal. I believe that guns do not kill people... PEOPLE kill people, and violence will happen regardless of law, so it is important to arm yourself in some fashion if you don't wish to be the easiest victim. I am not a fan of *** marriage, but I believe that battle was lost a long time ago and Republicans/Conservatives are wasting valuable resources when they continue to engage in that battle... it's lost. Let it go, and focus on more important things. Iraq... this is a big one, and right at the heart of this site. Obama screwed up BIG when he made the decision to pull all of our troops out. YES, it was his call. I don't think America should be the "world police", but let's be realistic. Iraq could have used our help for a little longer, but all Obama cares (cared) about is appearance(s)... he doesn't give a flying hoot about our country. (Did I make you mad yet? If not, I'll try harder next week!) These are only SOME of the reasons why I've taken action on becoming a citizen of another country (in addition to being a proud Cheesehead). And thanks to all of that... I'm happy to say that I'm very comfortable with my current situation, very confident that my future is secure. I encourage all of you to do the same. You don't have to follow my plan, but you should definitely have A plan. If you're unsure how to get started, there are a couple thousand VIP members that will give my plan(s) a 5STAR rating... Feel free to join us in VIP ====> <===== Now let's talk about some of the recent headlines concerning Iraq. "ISIS 1 mile from Baghdad"... this was reported a week ago. (Baghdad is still secure) "ISIS occupying 1/3 of Iraq"... reported repeatedly throughout the last month and more. "Iraq Government failing miserably, the US wasted gazillions for no reason thanks to (Bush/Obama/name-your-poision)"... ... This is what we hear from the media, but let's not buy into the bull that they are spewing to sell ad spots. Sure, ISIS is a big deal (IT IS!). But I'm hearing that the major battles are now in Syria, not in Iraq... so what about that noise last week that "ISIS is right outside Baghdad!" - Did Baghdad fall? Nope... but the media sure did make some money! And YES, the GOI could be moving at a faster pace. (So could many other countries with less potential!) But just because you see something on the news or the world wide web does NOT mean it is scripture. In fact, it's often true that the opposite is true. Let me give you another set of headlines... unfortunately, they aren't going to be as dramatic or sensational, and this kind of headline isn't going to sell as many newspapers or keep people glued to the tube during the next commercial... but these headlines are probably a lot more realistic than the junk we see on the major outlets. 1. 3 ISIS militants found near Baghdad. No real threat to the city at this time. 2. ISIS cells located in 1/3 of major Iraqi cities. No reason to panic, but please consider pest control before they expand. 3. Iraq government from 2003 to now - major improvements! *shaking my head AGAIN/STILL* I'm shaking my head because so few people see the reality... that the first set of headlines (the ones we see every day) are so dramatic and shocking, but the 2nd set of headlines are more realistic. That's not to say that we should drop our guard... in fact, that's the opposite of how I feel. To be completely blunt with you all, in my opinion, this country NEEDS the media to blow the ISIS issue completely out of proportion in order to wake the public up to the fact that our country, "led" by Obama and the Obama administration, has done a HORRIBLE job of protecting our country - and I mean both here AND abroad. The media MUST - if for NO OTHER REASON than to make up for their complete FAILURE to report what's really been happening throughout Obama's entire tenure - they MUST influence the public to support any action against ISIS. ... That's all I'm going to address for now... I have a ton more that I want to say, and I'll be doing that in the coming days and weeks. I know a lot of you pop in here every week to read my analysis on the Dinar... my apologies for straying so far from the normal path this week without any warning. I guess you could call this your official "warning" for future weekly updates! I don't have any reason to toe any lines or stay inside any boundaries, and I have recently reached a point in my life where I need to just let it all out. And with that said, I can NOW let out a big sigh of relief.... I'll do the Q&A ASAP. Sorry for the delay but thanks for understaning!) ( *WHEW!* I feel much better now. ) ===== UPDATE October 9 - adding the Q&A ================ *Admin edit: When I originally posted this, the Q&A was not included. in the last 18 hours, this post received 5 pages of responses and the post itself received over 50 positive rep clicks... I'm not going to beat around the bush, I am ASTOUNDED at the positive feedback given here. Thank you all for being part of this community, thank you all for your support, and you can look forward to more of these candid type posts in the future. Nope. The PM has influence, but the only entity that can adjust the exchange rate is the CBI. With the new PM (Abadi) in place, there's some pretty serious speculation that things are finally going to get moving in the right direction. The entire country is a little distracted with the recent power shift and of course ISIS to a small extent, but things are moving in the right direction and at a good pace (FINALLY). Maliki is a distraction, and if he was hit by a bus tomorrow I wouldn't shed a tear... but NO, he doesn't need to be completely out before the exchange rate is changed. Yes. Good question, but a little complex. ISIS definitely needs to be controlled... actually, in my opinion, they should simply be exterminated. Anyone associating with them should get immediate life in prison if not the death penalty. But in the world we live in, the sissyface pandering schmucks that you see flapping their lips on TV will never have the "intestinal fortitude" to take a stance that aggressive, so we will continue to see weakness from most fronts on the ISIS issue. Regardless of that pathetic truth, we are fortunate that ISIS is a weak organization, and the limp measures being taken against them at this time might actually be sufficient to contain them. Unfortunately, we've not seen the "last" of ISIS by any means... but I am pretty sure that the current actions will be enough to give Iraq room to breathe and shift their attention back to HCL and a shift in the exchange rate. That's a fair question Brinx65! You asked for odds - 1000:1 or better that they absolutely definitely 100% increase the value once that "RV Green Light" is lit. When these things happen, the rate WILL go up, and I'm personally willing to stake any amount of $$$$$$ on it. (I already have! But you probably knew that!) You are very astute to understand that. Yes, if we see new denominations before a change in the rate, then we're looking at a different game. I anticipate a lot of news about new denoms immediately before the CBI changes the value, but until I actually SEE the denoms with my own eyes - no panic here. The opposite, in fact - the more propaganda they push out, the closer we likely are. YES, and in fact I have contacts that have told me that is already the case. About Rodgers... he told everyone to calm down already. Everything's gonna be fine! I saw the rumors, but nothing is confirmed. They will need the lower notes for a higher exchange ratio, so... we will see. Thanks again everyone for the feedback, I'm humbled and inspired and you all have my utmost gratitude for being such an amazing community.
  2. 86 points
    3-10-13 SWFloridaGuy: Greetings Dinar Vets. I've decided to change my focus from solely doing my own research and decided to branch out to utilize what the professionals far more educated in the areas than myself. For 3 years I've studied large currency appreciations, macroeconomics, economic policy and the risk associated with it. As hard as I apply myself, I'm not to proud to admit I'm out of my league. So, I've enlisted the help of some professional global investment authorities and research groups. Doug Casey Research , Herg, UC San Diego, CESifo and an old acquaintance from Syracuse to name a few. These interviews will be recorded and the questions will be submitted to them to give them time to prepare and avoid feeling ambushed. I will broadcast them upon completion. I am only looking for honest opinions (positive or negative) and will not censor them broadening the spectrum for multiple points of view. Addressing another topic: I empathize with the frustrations of our fellow brothers and sisters, many who I've come to call friends. I grow weary of those I consider perfidious, clearly motivated by an ulterior agenda. We're under enough stress and Im not her to cause strife (character defect I am working on) which accomplishes nothing other than to promote discourse among an already very distressed group (myself included). I do believe this is a great opportunity and I'm in it for the long haul but I have learned it's more enjoyable when it's not all-consuming where other areas of my life are neglected (never was a big fan of roller coasters). I've tried to expose the Reno scams & date/rate hype but have come to the realization that, true or false, people prefer to have hope and, after all, they could be right and I could be wrong so who am I to judge. However, there is a select group promoting cults who employ a potent mixture of influence techniques and deception to attain psychological control over members who are only doing everything to provide for their families during these difficult financial times. Unfortunately with every genuine investment opportunity there are also an abundance of anonymous imposters willing to tell you exactly what you want to hear, for a fee of course. Then there are certain forums where adults are treated equally, each opinion condidered, valued and given the proper respect they deserve. No moderated chats, no typing in all caps, no banning for exposing untruths and most importantly they focus on the real positive aspects of this investment, of which there are many. This will always be highly speculative, which is precisely why authoritativeness and condescension has no place here. It's possible to be skeptical while also having an optimistic outlook toward this investment and life in general. I do appreciate the social aspect and friends I've made along the way but have also come to the realization that there are many naive people out there who are willing to believe anything once they get that gold fever (which is understandable to a point). It's been a quite a journey (both financially and emotionally) but I believe 100% that in time we will prosper. Those who have been involved for years have already seen an appreciation which we believe will continue sanguinely by comparison considering how far Iraq has come, despite several setbacks along the way. In the meantime we should try coexist peacefully, ignoring pumpers thereby limiting their audience and making a concerted effort to review each others research in a respectful manner and offer our own perspective; whether that be in the affirmative or showcasing an alternative theory. This isn't a competition. I can't recall Doug Casey (Casey Research) crying me first, me first, I said it first. Typing in all caps, or holding moderated chats. Banning members for exposing untruths does nothing to further our cause. I'm sorry if this is off topic tonight but I've grown weary of the disrespect lies and cult-like, blind following the blind that I've witnessed over the past few years. Like all families we often bicker, which is understandable, with so much on the line. I'm guilty of much of this myself but have had the pleasure of speaking with those far more educated and professional than myself and am doing my best to emulate them because I need a lot of help from many of the experienced, knowledgeable members this community has to offer. Synergism is the key and if utilized, we may be able come to a better understanding and limit our frustrations. We could probably start by elminating these phrases I saw on S.N.L. 1. The rate is live on Forex. 2. Bank Screens are going wild (red, amber, blue, blinking) 3. UST is in lockdown. 4. Cheney just bought more IQD/Pacemaker. 5. Vegas is now accepting money orders. 6. Prosperity packages are prospering (off us). 7. The 747 made it's final made it's voyage to the Bermuda Triangle (unfortunately the manna was among the lost cargo). 8. Don't go to the CBI website, you'll crash the server and stop our blessing. I would also like to genuinely thank all the economists/tireless researchers and the thousands of dedicated chat room members/newshounds/friends who continue to devote their time to sharing their honest opinions, void of vague, misleading analogies that help us all come to further our own understanding and research when it comes to such a highly speculative topic. I'm sorry if this came off a tad acrimonious. My inability to suppress my frustrations sometimes overshadows my gratitude for this once in a lifetime opportunity. I have no doubt this is the opportunity of the century. I've recently changed my focus from solely studying articles, macroeconomics, geo-politics, UN/WTO regulations and procedural steps because after much research I've come to realize I will never fully grasp how this will influence a country as corrupt as Iraq and the global financial system in General, which we hope will somehow filter down to benefit us in the near future. The G-7 developed economies realize that you can't simply print money into existence and fight deflation while stimulating growth. As we all know by now these currency wars have gone global. The leaders of the world are facing a major problem. They can no longer print fiat currency when they have no real value. A change is coming and 3rd world countries with no debt and a monumental amount of natural resources will help to revitalize the global economy investment/aid/contracts/corporations and arms deals will pour in. This will not happen over night but it will happen. There is no other alternative. Now to talk about the positive: Let's examine some applicable information that also happens to be very encouraging regarding Iraq's natural wealth and financial/political outlook: They have already mined thousands of tons of gold, which was set aside for the purification and extraction process. This discovery, among others, could turn Iraq into a producer of gold more than oil. It has also will increase the prices of real estate due to the influx of gold job seekers. Iraq currently has $60 billion in foreign currency reserves. In the 70s, when their former currency boasted a much larger value, Iraq's foreign reserves were only 35 billion. As CBI reserves grow, so does their credibility. They passed their largest budget in history and are making Chapter VII removal, WTO accession, appeasing the Kuwait, receiving support from the United Nations/negotiating with the Kurds and HOPEFULLY resolving the elusive HCL/140 in a way that satisfies all parties involved. I'm not here to attempt to convince you that overnight Iraq will RV . On the contrary, after studying large currency appreciations and the repercussions that would have not only short term but long term (although anything is possible), I now take a more balanced approach that a large currency appreciation shock is on the horizon for the IQD but tend to believe this will be a more gradual process and only after certain changes have taken place that will ensure long term stability (economic not political). We are currently witnessing these changes and I postulate that before the elections this postulate will proliferate barring any unforseen political instabiltiy. When you ignore the daily hype and follow the verifiable progress Iraq is making you can't help but be encouraged and it makes this journey far more tolerable (even exciting). To name a few: · Economic sanctions being lifted · Plans to alleviate debt have been instituted · Iraq is the fastest growing economy in the world · Funds being unfrozen · Iraq is emerging as an economic leader not only in MENA but globally · The IEA recently reported that Iraq will lead OPEC oil production growth over the next two decades · Private sector has made huge contributions toward economic recovery · Oil companies are driving growth and boosting infrastructure development · Budget passed - general progress that will lead to further implementation of necessary projects . Central banks formulate the timing of the implementation phase of a nation’s policy agenda . Confidence that the economy is strong and faith that strength will continue, historically proven element that all former revaluations share . The GOI/CBI's credibility is paramount, international pressure forcing the CBI to revalue will not maintain that growth . The CBI could move forward as they see fit but we see the GOI/CBI receiving international pressure demanding political/economic ameliorate . Iraq plans for economic integration . They are the premier emerging market, not only in the Middle East but the world . Iraq has positioned itself to make a significant impact on the oil and energy industry . The global economy is suffering and is once again forced to turn to the world's central banks for salvage . Iraq alone does not have the power to revive global economic growth but they present a unique opportunity that could possibly coadjutant in the recovery process. I'd like to add just one more thing. The scammers promising you high rates with PP/Vegas (whatever) deplorable liars. When the IQD goes live (international) the IMF will send a 'go live' signal to the Central Banks (upon approval of BIS board), then it will hit the master board at their main corporate offices and proceed to the banking system (country to country) depending on the IMF release terms. There will BE ONLY ONE RATE, NO TIERS!!!!!!!; at which point, depending upon regulations, each bank will institute the buy/sell spreads. Avoid Vegas scammers AKA Beverly Skinner Group, Hammerman and BH Group (Cell Block 6 bunkin w/Bubba). We have plenty to be grateful for, despite the countless setback we've endured. But even the most skeptical can see that Iraq's come along way and the posibilities are endless. Observe from a distance, help out for the newbies and stay positive (remind me of that from time to time) my fellow Dinarians, whom I am very grateful to have met and learned so much from. We will prosper from this, keep the faith. ** Sorry this post was so long. My iPhone died and Game of Thrones doesn't start till the end of the month.**
  3. 81 points
    Hello again fellow dinarians...I wanted to post an update on the info received from my friend at the bank. But first, I cannot beleive how many people have been on this thread! For those of you that left well wishes for my grandpa and the situation there...My sincere Thanks! The bank involved here has began, and actually has been for about 6 weeks, putting together an "organized plan" as far as the dinar is concerned. To the public, their position has not changed...and will not until the revaluation is made public (basically goes international) as far as trading is concerned. They WILL be involved n the currency exchange, and are dealing with some new stipulations that may go into effect...and I truly hope they dont! One of these possible "rules" is a limit on the amount an individual will be able to exchange during a certain period of time. So, if they do indeed place that stipulation on the exchange, those who hold several million coulld be forced to wait a period before they are able to exchange all that they hold. He said that it was not made clear if this was a bank policy, or something that our wonderful government has came up with...but at this time...it is not in force. The million dollar question....When? They stated that Feb would see the begining of an influx of people exchanging dinar. No date was given, but due to some of the changes that the bank is to implement on Feb 1, He believes early in the month. There will not be any big signs out front of the banks saying "COME IN AND EXCHANGE YOUR IRAQI DINAR HERE", all transactions will be handled just as any other foreign currency transaction would. During their meeting, exchange rate questions were addressed. The woman giving the information would only speak to the fact that it would change on an hourly basis, and any transactions would be exchanged at that current rate which would be decided by Iraqs Central Bank.Tis man has been in banking for 24 years! His statement to me about this situation was when it comes to money...everyone is out for number one! This situation is something like he has ever seen, and he told me...something is up. For the past several years the bank had a firm stance that the dinar was not going to be a part of the banks services! And now....they are changing everything to the exact opposite! He told me that only certain levels of bankers are privy to certain info, and even though this woman who was there speaking at this Saturday morning meeting is a regional director...she is in the dark about all of the details. She was simply passing on information to the branch level because someone higher up deemed it was neccesary to do so. He believes that certain people at the branch level will get more info in the coming days. Through this whole conversation we had, one thing that was never mentioned was...are they going to? It was as if there is absolutley no question what so ever that this revaluation will happen! When I asked..what if they dont, he smiled and said thats not the question....the question is the when and how much!! Anyway, that is the info and the sum of our conversation this morning. By the way...this bank is a Major US/International bank. Take the info for what its worth...personally...im about to pop waiting for the next few days to come around..and just maybe get another email from him. Since he specializes in the area of wealth managment, I would think he is a good source. He has never given me a reason not to trust him, and knowing him the way i do...and just listening to the way he was talking about it, and acting.....He was not blowing smoke!!! He is onto something Fantastic!! Thats all for now..thanks to those who were paitent while waiting on me to get back. I may pass on any further info I get from him...it will depend on what happens over the next several days. Oh...one statement that was made that I omited...when speaking about the possible exchange rate, he was assured that in no way, shape, or form would it come out any lower than the US dollar. He related the rate to be inline with other countries that were simular to Iraq as far as their resources. Also, De La Rue machines are going to be few and far between in reguards to this bank. There will not be one in any branch within 100 miles from me...so no new big shiny machines! Which means I have to travel...not letting anything leave my hands. God Bless! Im ready!
  4. 79 points
    9:48 AM [Adam Montana] sorry mods, I didn't give you a heads up on this one. 9:48 AM [Adam Montana] Just a quick update, although it's probably more relevant to our VIP and OSI members than anyone else. 9:49 AM [Adam Montana] With the current state of things, it's starting to look like the stars are lining up in our favor 9:49 AM [Adam Montana] I'm not going to do another full on analysis at this time, check my last chat for that 9:50 AM [Adam Montana] but with the current state of things, I have been doing some confirming with our VIP banks both foreign and domestic 9:50 AM [Adam Montana] in fact I'm just leaving Belize, where I've spent a few days meeting with both our VIP cash-in banks and also our OSI partner banks 9:51 AM [Adam Montana] we are 100% ready to go with every outlet that I've made arrangements with... 9:51 AM [Adam Montana] and that applies to everyone, not just VIP members 9:51 AM [Adam Montana] I have 100% confirmation from several major banks that they DO have plans to move from "no dinar" to "bring it on!" 9:52 AM [Adam Montana] on a note that is strictly relevant to our offshore investor group - I've opened a few new doors and I'll be sharing that with you later this week 9:52 AM [Adam Montana] so... until that RV is announced, we still wait.
  5. 71 points
    AFTERNOON FOLKS. I am going to theatre in a few hours so i have very reluctantly decided to post the rest of this story before i go to gaga land for about 24 hours Might i just say i will tell you what i was told.....if you don't believe it....tough!....iam past caring. If you don't like it.....pi** off else where.....this is in the rumors section.....if you can not accept it for being just what it is.....STOP READING RUMORS!!!! FINALLY....IFanyone on this site trolls me because of this.....and you know who you all are..... i will ensure every dinar site possible knows who you are !!!! . As I posted previously....i went to R. B. S. in order to change my mortgage to a cheaper rate. All the usual questions were ask about my employment status, income etc. The morgage advisor then asked if i had any other assets . Such as...property, land,forgien currencies. I thought it a bit strange they would include forigen currencies and so said so. She turned the screen to show me the question was legit and said do you own any currencies such as the Iraqi Dinar. In brackets beside the question was written e.g ( property, land, forigen currencies....iraqi dinar. ) . Now it could be argued that it was just by chance that they had chosen to list this currency but something tells me not. I advised her that i had some dinar and she asked if i knew how much. I don't really know...i just buy it and put it in the drawer beside the rest. They almost certainlty knew i had dinar because all of what i currently have was purchsed via R.B. S. I asked the women why would my dinar be relevant when it is pretty much worthless at the minute and may well remain so for a long time to come. She advised that the bank is expecting it to be above £2 by late July. At no point did she use the term R.V or R.I. Nor did she suggest a float of any kind. I asked why they had removed the dinar from their list of currencies. She advised it had come via an urgent E-mail from head office that it was to be removed immediately. The managers were then called to head office for meetings and advised what and who this was to be shared with at the branch level. She was informed by her manager thatthat they should ask as it will be considered an asset in the near future. ..no specific date was given. So this is what i was told in full. I have no other info so take this for what it is.
  6. 61 points
    [Adam Montana] Morning everyone! Quick drive by chat [Adam Montana] It's been posted on the forums here at DV a few times already, but I was waiting for actual "Suits-on-the-ground" confirmation - i.e. one of my Iraqi connections - to verify it, because translated articles can be misleading sometimes... [Adam Montana] but I have confirmation that I am comfortable relying on. [Adam Montana] The budget HAS been approved [Adam Montana] No party yet, but this is definitely cause for a "mini" celebration... this means that the Kurds have finalized a very important part of their negotiations and this is VERY relevant to the next step in the HCL. [Adam Montana] so, fingers crossed things will move quickly! [Adam Montana] I will pop back in if I get any more relevant news, so until then... GOOO HCL!!!!!! (And also CAKE.) [Adam Montana] [Adam Montana] Thank you all, hope to talk again soonly
  7. 60 points
    Good evening DinarVets and all you beautiful members! (Same happy greeting to you ugly ones, as well ) If you’ve kept up with my recent posts, you know I’m excited about oil - see here, here, here, here… you get the idea. We finished the week still above $60 on the WTI charts... and still going strong. Even though DinarVets is the strongest and longest going community in the world related to the dinar, occasionally I am reminded that not everyone who reads my weekly updates has been here forever, and a lot of people count on me and this site to "fill in the blanks" while we're waiting. I appreciate the reminders! It gives me a good reason to step back and look at the big picture. And as much as the "wait" can be almost debilitating at times... ... this was never going to happen overnight. At least, not overnight on a night that was on the calendar in the past. When it happens, it will certainly look like an "overnight" event to the outsiders and those that missed the boat. BIG PICTURE TIME. There are a lot of moving parts here, but the biggest thing we're waiting on right now is the HCL. There are a bunch of articles and news related to HCL, and I'm even getting some very encouraging private messages from my contacts about the progress, but the bottom line right now is this: HCL has not been concluded at this time. Therefore we have no RV... ... yet. Yet, we have reason to keep hanging on, and if I may be so bold... we have a damn good reason for it. Iraq’s currency price is based on their ability to sell it to other countries, just like any other country with a tradable currency. Their ability to sell their currency is determined by what other countries will pay for it - this is the basic concept of supply and demand. Something is only worth what someone is willing to pay for it, no more and no less. In the currency exchange game, stronger demand for a currency will create a larger market, which pushes the price up. In order for Iraq to raise the "sell" price of their currency, they have to create a strong market for it. If they don't have a strong market, then we could never have a chance of an RV. That is not the case. We DO have a strong market. If Iraq wasn't making progress towards stability and strength, we would have no chance of an RV. That is also not the case. Iraq IS moving in the right direction. They are doing it by solidifying their government and stabilizing their perceived ability to provide a solid expectation of return on investment. That's really all this comes down to, after all. Iraq's ability to raise the value of their currency is based on the perceived ability to provide a solid expectation of return on investment. This is exactly why the value of the Dinar dropped to pennies on the dollar in such a short time when it did. When Iraq was invaded and their government toppled, the world (traders, experts, everyone) had reason to doubt that Iraq would be able to sustain the value of the dinar, and the value of the dinar dropped. End of story. Something extremely predictable happens when a stock or a currency or anything suddenly starts losing value... it causes panic. Herd mentality kicks in, and it sweeps like a tidal wave. People selling to avoid loss are willing to take losses to avoid bigger losses, and the avalanche builds momentum. Sometimes a stock or commodity will be annihilated, or sometimes it will just sink to a level that nobody believed was possible just months before. This happened to the Dinar. The same thing happens on the opposite side, of course. When people see something rising in value, they predictably want to catch that wave and the momentum will build the other way. People see other people making profits and want to join in, and again the herd mentality can push a stock or a currency or anything else that is being traded to levels that it shouldn't actually attain. Eventually the markets will stabilize, as they always do. In Iraq's case, this is exactly why I lean towards a pegged RV rate opposed to a complete free float on the market. It will be easier for them to control a major change if they also control the fluctuation, and they stand to make enough profits on an RV that they will be better served by taking the profits on a fixed spread rather than trying to "catch it at the top". A pegged rate, at least initially, will allow them to control and maintain a higher rate. They are doing all this with their actions in their government, and the price of oil going up at a steady and fairly predictable rate gives them the ability to create a solid path to higher profitability. End result? Everything we’re looking for! Fingers crossed for some HCL news (SOON), and when it happens I'll be sending out that message. GOOO RRRRVVVVV!!!!! - Adam
  8. 59 points
    Good morning everyone! I know it's Wednesday, and I was trying to move my weekly updates to Friday... old habits die hard, I guess A Friday update this week is actually a strong possibility, the way Dinar news has been coming lately. This, for example: That thread has just been out of control with positive developments related to an upcoming HCL agreement! (For those of you that don't know, the HCL is possibly/probably the last thing we need to see for an RV.) I'll pull a couple snippets from that article above: We all love the word "soon", but this time... it's looking very, very real. Two thirds or more is PLENTY to suit our needs! FYI, this is HCL. Plain and simple. There is a LOT of excitement around here concerning the middle of the month. This is a big part of that excitement. I won't encourage anyone to get too excited, but I'm also not going to downplay this one... this is BIG. We are in the best situation for an RV that I have ever witnessed. Stay positive, stay sane, and stay grounded! - Adam
  9. 58 points
    I know, it's not Wednesday... Hey everyone! I mentioned recently that the "Weekly Updates" may be switching days - I expected the news to start getting busy, and that is now official! I haven’t picked a specific day yet, and I may not need to. The weekly updates won't be necessary once we have an RV, and the stars are lining up very nicely right now. Fingers crossed on that one. I’ll explain why below, and you might want to strap in for this one! First, the budget was submitted, signed, and looks like it will be passed, with a HUGE keynote - a significantly acceptable portion of the budget going to the Kurds. This has been a major point of contention between the parties over the years, in fact it’s possibly the biggest point of disagreement and reason for delays in the budget approval process in recent history. You can read the budget as it is written and posted here, but it needs to be published in the Gazette to be official. This may be happening yet this week, and if it does... that will be insanely quick. It's barely the first week of February!!! Last year the Budget was boycotted by the Kurds in March, and they threatened to secede over the disputes. THAT is how far we've come in a year!!! If you’re not already squirming, let me tell you - this is awesome news. A happy GOI is a GOI that we can get behind, because it’s one that is more likely to RV. And this is possibly the happiest we’ve ever seen them! That by itself may have been enough reason for me to send out a special email on most weeks, but this week - THIS week - we have more. Maybe MUCH more! I’m trying to contain my excitement, and I’ve been doing a pretty good job of staying (mostly) in my seat, but it’s getting more and more difficult. We may have an HCL agreement shortly! I’ve been on the verge of releasing this information for over a week, and I’ve only held off because THIS is the kind of movement we need to see for an RV to happen, and I didn’t want to release the news without a full confirmation. As the news keeps coming out, this is going to start getting press in other places, so you may as well hear it here. If you’ve been following me for any time now, you know I’ve been on an “HCL-requirement” kick for a couple years now. No HCL = no RV. I've harped on that for years... and now, after a long ride, it's not just on the horizon - it's coming at us, lights flashing and horns blaring! If you have NOT been with me for that long, let me introduce myself! Hi, I’m Adam Montana. The possibility of a Dinar RV has been in the works for a while now - over a decade, in fact. I’ve been following it, and helping tens of thousands of people avoid bad info, for the entire time. The summary on Iraqi Dinar is simple - back in 2003, the country of Iraq went through some stuff and their currency plummeted in value. It was once worth over $3 per one Iraqi Dinar, and now it’s worse than 1000 dinars to $1. It was even worse, so much worse that those of us who got in early enough have already doubled our money. But, and this is why most of us are here in the first place, it stands a fighting chance of going back to it’s former value, or “ReValuing”, upwards to the tune of 100x where it is now or even more. When that happens, those of us who have the current Iraqi Dinar (not the “old notes” with Saddam Hussein’s face on them) will be able to exchange at that higher value, winning us an amazing profit. It’s called a “windfall”, and it’s definitely a real thing. Here’s where yours truly comes in. Throughout this whole venture, and before most of us ever heard of the Iraqi Dinar, I’ve been fortunate enough to have contacts in places that matter to get the absolute best return on the exchange. Because of the loyal group of members here at dinarvets who have committed to work alongside my partners and I in this, we have formed the STRONGEST and BEST CONNECTED group of dinar holders in the world… and this gives us EVEN MORE leverage. It's a snowball effect, and it's a good place to be. In short, we’re going to put more money in our pocket than the average Joe or Mary that simply goes to the bank to cash in. Not only that, but the years of networking and planning for this event have allowed my contacts and I to put together the absolute best strategies for reducing tax liabilities, minimize risk, and even invest after the fact to increase our returns. The best part? There will be no “800 numbers” to call. The VIP group will NEVER part with their dinar as part of their exchange. And if you decide to pay the measly amount of money it costs to join the VIP group, you are ABSOLUTELY GUARANTEED to get a return on that expense when we cash in on the RV, or I’ll refund every penny you spent on VIP. Your time may be running out. Join VIP here, before it's too late. Back to the Dinar, for the past couple years I’ve been saying that we need to see progress on the HCL to see the RV. While other websites and “gurus” are talking about people already cashing in (fake news), or having “secret intel” on the timing of this event… I’ve been telling people to remain calm. That’s one of the reasons thousands of VIP members place their trust in my and the programs here, because I don’t fluff this stuff up just to get people excited. I do the opposite - if there’s nothing going on, I tell it like it is, no matter who gets mad at me for it. (It happens! ) Well… the time that we have been waiting on may be over. There is news out right now that is more encouraging regarding the HCL than ANYthing I have ever seen, and that means we’re almost there. It means this may be your last chance to get in VIP. Your chance to get in VIP may be over before I get this email sent out! And if the RV is announced, and you’re not in the VIP group - you’re on your own. No benefits, no tax benefits, and good luck to you. Now is probably the most URGENT time in this venture to get in VIP. Join here: https://dinarvets.com/forums/index.php?/store/category/1-vip-membership-packages/ Remember, there’s a money back guarantee. You have nothing to lose and a LOT to gain. See you in there! GOOOOO RRRRVVVVVV!!!!!!! - Adam Montana P.S. In reading the above, I see that I didn't explain why the HCL is important. In a nutshell, it's important to the Kurds so they get a fair share of oil revenue, and ties in very closely to their concerns on the budget. Both of those issues are melting away, right in front of our eyes. With these two things lining up at the same time, we have the most perfect situation to see an RV that I've ever witnessed. RIGHT NOW is an amazing time to be part of this situation!
  10. 54 points
    I went into my local Chase bank this past Friday to take care of some things related to my accounts. I sat down with my personal banker whom I've known for about 2 years now. He knows that I am invested, and he actually decided to invest himself after he and I had talked about the dinar on several occasions, and after doing some research on his own.After my business was completed, I made a remark to him that I wish this thing would pop, so I could pay off some bills and purchase a new home... he stated that he really hopes for the same, but that he hasn't heard anything. Well, as I said..that was Friday. This morning, I woke up to find an email from his personal email account (not his bank email). He simply stated that during a meeting that the branch had on Saturday after closing, that they received some information from the branch manager concerning the IQD.I truly have no idea what he found out, but he asked if I was available for lunch today...and that he would fill me in on the info atthat time! Its not unusual for us tto have lunch together, or to get together after hours...because we have become friends over the past couple years. But he has never asked to get together because of something concerning the dinar! I have NEVER posted a bank story..or for that matter....this is only about the 2nd or 3rd thread that I have ever started...period! I am fired up about our lunch today...and I will share any info that in get later today after we meet. It will probably be after 5pm before I am able to post what he has to say! Just for your information, this banker handles wealth management for my region for this bank. I don't know if he is involved in foreign currencies or not. Just thought I'd share what I woke up to this morning! God bless!! Go RI!!
  11. 53 points
    CNN. Broadcasting While Strapping My Dinar Into A Booster Seat ! Opportunity to raise the value of the dinar 1/25/2015 0:00 BAGHDAD - Mostafa Hashemi economists and experts describe the Iraqi monetary policy as good as maintained the stability of the exchange rate under difficult economic conditions and slow march towards progress the country witnessed in previous years, despite Iraq's possession of the elements of the economic boom in all productive sectors. In this context, saw economic researcher state fair The increase in production achieve an increase in income and financial returns requires finding a balance or equation to ensure the continued improvement in the exchange rate with a salary increase to reach the stage commensurate with the productive economy and activating the industrial and agricultural sectors to improve the value of the dinar. Iraq has seen in the last ten years a rise in production and exports of oil At a time when the value of the dinar has seen remarkable stability without high mentions in purchasing power. She said just told the "morning" Now is the chance, despite the difficult circumstances, to activate the productive sectors as stated in the government program of encouraging the private sector and entry effectively to the economic development of By relying on its own resources to the private sector and move his money and invested in the development of economic reality. She noted that the citizens believe that achieved an increase in oil production to ensure a major boost for the dinar in time looking where to direct positive repercussions on their standard of living through the production and export growth, hoping in this matter is resolved through the involvement of the private sector in the development process. It called economic researcher to develop solutions that contribute to upgrading the reality of living of the citizen and the creation of employment opportunities and jobs for graduates and the unemployed through the activation of the private sector because it possesses the freedom to manage his business and his money away from the bureaucracy that makes production distinct exploited by the efforts and energies of young. The academic economist, Dr. Majid Baidhani said earlier in the "morning" to increase the productivity of the individual worker comes through the activation of the private sector and projects in the productive sectors such as agriculture and industry. He added: It is necessary to achieve financial revenues through the creation of jobs and opportunities work in the private sector and make it equally with government officials privileges that contribute significantly to the revival of the booming economy, having to rely on the oil industry to activate those opportunities. He said: that the central bank managed through the implementation of a successful fiscal policies in recent years have contributed a lot in the stability of the market and this is has led his role regarding the improvement of the exchange rate. He continued: Here comes the role of government and the competent authorities to complete drawing this picture by providing focused support to the private sector and the implementation of the government program, which stressed the importance in advancing the country's economy forward. Stressing that the most successful monetary policy is to maintain the stability of the exchange rate provided increased Alantegeh.oasmah IMF to countries with economies in transition implement currency controls to stabilize the economy during the reconstruction phase and this is what served as the local economy over the past years. He Baidhani that Iraq now has the expertise and economic efficiencies in homes experienced enough for taking the lead and initiate self-reliance to develop the economy through reform developmental programs and policies that fit this stage application. mentions that there are several factors confirms the possibility of the high value of the dinar against the dollar, the most prominent is the existence of a great desire for investors Foreigners buying the Iraqi dinar, in addition to having an excellent cash reserve, which covers the local currency, as well as the dinar currency traded publicly in the global currency markets. It is said that the central bank was able during the previous years of the reduction of the dollar against the dinar from 1450 dinars to the dollar to 1166 Dinara adopted in the bank. http://www.alsabaah.iq/ArticleShow.aspx?ID=85286
  12. 48 points
    Im going to put my in here.. sorry its small but just right click the thumb nail, and look at the date 06/30/13 World Banks say it has to be done. The IMF did not renew any loans, so why do I think the 30th, World Banks gives the close date of june 30th,, IMF no new Loans, Chapter 7 gone on the 27th EST which means the CBI will have closed for the Day. CBI closed 28th and 29th, Open 30th with new IQD rate, what is the rate, I say, $ 1.13 .. If Okie and terryK can predict so can I.. Its the close Date mid way down the page..
  13. 47 points
    Stryker Blog 2.3.2015 The CBI is Ready to Revalue the Dinar Judge for Yourself if I'm Right There are two main reasons that banks buy the USD thru the Central Bank of Iraq’s daily auctions: 1) Bank customers need the USD to pay for imported goods 2) Iraqi citizens need it for purchase of goods in the local market place or to use as an investment tool Through recent news articles, CBI announcements and Article (looking it up now), paragraph 50 of the 2015 Budget Law we know by FACT that the CBI daily auctions (once the budget is implemented completely) will be capped at $75 million per day in the sale of the USD. QUOTE: It is noteworthy that the current year's budget law, committed the Central Bank of Iraq, in paragraph 50, identifying sales of foreign currency (dollar) in daily auction ceiling does not exceed 75 million We also know through recent articles and the 2015 Budget Law that all imports will now go through foreign bank accounts and not through the daily auctions. (Once the budget is implemented completely) QUOTE: The Central Bank of Iraq, announced on Sunday, (the first of February, the current 2015), take five resolutions for "support" the development of the Iraqi economy, stressing his agreement to cover bank accounts abroad to "US dollar" to cover imports So it is easy to conclude that the daily auctions will be limited to the sale of the US dollar for the purchase of goods in the local markets place and investment purposes. What we don’t know is why the change and what does this mean to us dinar holders? In this blog I will show you exactly what it means and why imports are about to be paid for through foreign bank accounts and no longer through the CBI’s daily auctions. But wait, if the daily auctions go down so will the IQD rise higher against the dollar, causing the IQD to go backwards in value, or will it? To answer that question we first need to look at what the CBI is really saying: QUOTE: Bank submit a written application to the Directorate General of investments which enhance the tally required to have correspondents in overseas facilities with a copy of the entry to strengthen the balance of his account in Iraqi dinars from type 216, equivalent to the amount to be converted Wait a minute, what are they saying, strengthen the balance of his account in Iraqi dinars from type 216, equivalent to the amount to be converted? Is this saying what we think it is saying? Let’s uncover all the facts before you answer that question. Let me break this down for you as simple as I can, even then it may get confusing so take your time in reading it: First we need to know what this type 216 is and why would strengthening the balance of his account in Iraqi dinar from type 216 make it equivalent to the amount to be converted? What is type 216 and who is the governing authority, who gets this document and what purpose does it serve? Type 216: is really called BC 216 BANKING ISSUANCE defend as a Type: Banking Circular 216. BC 216 is sent out from the Comptroller of the Currency Administrator of National Banks for the subject matter: Securities Denominated in Foreign Currencies. What Authority: (OCC) Office of the Comptroller of the Currency,  The OCC charters, regulates, and supervises all national banks and federal savings associations as well as federal branches and agencies of foreign banks. The OCC is an independent bureau of the U.S. Department of the Treasury. Knowing who the players are is so important to know the facts. Ok, why are they involved and what does this have to do with our dinars? Who gets this document? Chief Executive Officers of All National Banks, Deputy Comptrollers (District) and All Examining Personnel What purpose does it serve? The purpose of this circular is to advise national banks of the Comptroller of the Currency's policies concerning ownership of securities which are not denominated in U.S. dollars. This will change the way U.S. banks look at the Iraqi dinar folks! Look at how they refer to the SCOPE of this document that is sent to ALL banking institutions in the U.S.: QUOTE:This circular (BC 216) applies to all securities not denominated in U.S. dollars held by national banks. This means U.S. banks will soon hold these securities (IQD) as exchange securities. BINGO Wait but there’s more, here is the background of this BC 216: The supply of investment securities which are denominated in foreign currencies is expanding. Banks that traditionally have not conducted international operations or acquired assets denominated in a foreign currency are now acquiring foreign currency denominated securities for investment purposes. That’s right, they are talking about us dinar holders But there is a risk in exchanging these foreign currencies that have never been denominated before, see here: QUOTE: The limitations applicable to a national bank’s acquisition of securities for investment purposes are listed in 12 USC 24 and 12 CFR 1. Eligible investment securities are not required to be denominated in U.S. dollars. However, national bank portfolio investment in a security which is denominated in a foreign currency introduces a risk in the form of foreign (currency) exchange risk. Foreign exchange risk can be substantially different from the risks ordinarily managed by investor banks, because the value of the foreign currency may fluctuate in relation to the dollar value at which the bank carries the security on its books. OK, here is how they overcome that risk: Foreign currency denominated investment securities must be revalued, reported and recorded in accordance with FASB Statement No. 52, "Foreign Currency Translation" (FAS 52). Except as otherwise provided by FAS 52, gains or losses resulting from the currency revaluation should be included in the determination of net income for the reporting period. This will be us folks: QUOTE: gains or losses resulting from the currency revaluation should be included in the determination of net income for the reporting period. It is not a capital gain but net income when reporting your taxes folks. Accordance with who? The(FASB) Federal Accounting Standards Board FOREIGN CURRENCY TRANSLATION (ISSUED 12/81) Summary And here you can go to see the SUMMARY OF STATEMENT NO. 52 This effects foreign companies operating in Iraq and anyone holding securities in the form of Iraq dinars that gain from the revaluation of it. Do you see it now? When does this go into effect? It stands to reason that it could follow the budget implementation! But you decide! Folks, believe me when I say that I am not bragging but I don’t mind saying, this is the best research that I have done to date on our investment and why I stated in my email update today that God will Bless us all and soon. Supporting documentation: Dinar rises slightly and some bankers are reluctant to sell the dollar. BC - 216 BANKING ISSUANCE 12 U.S.C.A. § 24. Corporate powers of associations 12 U.S. Code § 1 - Office of the Comptroller of the Currency The(FASB) Federal Accounting Standards Board  LINK
  14. 46 points
    Hey everyone! Im only halfway done with today's update. My afternoon is packed, so I'll finish it tonight and edit this post with the weekly update. I will not put it off until tomorrow because we all saw what happened last week… (sorry about that, by the way!) Again, I will edit THIS post so my update doesn't get buried on page 3 or 5 or whatever happened last time! talk to you in a little bit ==================== --- UPDATE ---- OFFICIAL WEDNESDAY POST BELOW --- ======================= Good evening everyone! We've had a ton of good news in the last couple weeks, and I haven't commented much lately. I'll start by saying last week got away from me, my schedule was so packed I couldn't keep up. In the years I've been doing this, I've only missed about 5 scheduled "Wednesdays", and this is the first one I've ever missed without it being on purpose! It was definitely one of the most hectic weeks of my life, and the "weekly" got pushed down, down, down the list until it was no longer on the list. I was still on top of everything, and believe-you-me that if we had a critical situation on hand, I would have gladly dropped everything else I have on my plate to glide back into my duties here... but as things played out, I had to prioritize elsewhere. Anyway, things are back to a semi "normal" state for me, and even though this update is late, it's here on Wednesday and I CAN NOT WAIT to see the day we have an RV and I'm doing OTHER updates for the VIP members on these Wednesdays! (Actually, more than just Wednesdays, because as much as I love my other businesses, as successful as they are, as challenging as they are and as much as I love them... they are peanuts compared to what our possibilities are here. If(when) the Dinar hits where I think it will, or half as much, or even higher, we are all in a position to completely bounce into a new world. I will personally be in a position to 10X+ my position in many areas, and the VIP members here are coming with me... in short, I guess I could have just said: GO RVVVVV!!!! ) My optimism in this venture is not waning, nor is it diminished even slightly. We have nothing but positives to consider at the moment, which is frustrating for some. One of the questions I get regularly is this: "How can it continue to be so positive, but we don't have an RV yet?!" This is a natural reaction for most people. Especially if you're one of those that read the "gurus" and hear the prediction of "next Tuesday" and that gets you excited! I understand that. I really do. But the reality is simple... those "gurus" are mostly full of "it". Yes, they throw out some good stuff here and there... but then they smear a big pile of stink on top of it by adding a "date". The cold hard truth is this: Iraq had a long road to travel. They have stood the test of time, they have marched forward through amazing troubles, and they are still heading in the "right" direction. But at no time in history, and at no time in the future, will they EVER tell us the "date" that they will do what they are bound to do at some point. At some point, they will raise the value. This is undeniable. But if they will do it tomorrow, or next Tuesday, or in a month or a year? We will never know that. And any "guru" or "friend" or "contact" ever tells you that they "know" when it will happen, for whatever reason, with any kind of conviction... they are wrong. I am going to say something with absolute conviction right now. This is absolute, no possible way to refute it, it is ABSOLUTE just like gravity pulls you towards the earth. With all my connections, with my decades of international communication and (I don't even know how many airmiles) of travel, my past and present work and friendships with bankers, CEOs, politicians and more... I will tell you this. NOBODY is going to be able to call a "date" on this. We are close. I love... no, I LOVE... where we are right now. But that doesn't mean I can tell you it will be tomorrow, next week, next month, "soon", or never. Maybe you've heard of the "Illuminati" - the RV "date" is that level of secrecy, if not more than that. Nobody on the internet, including me*, is ever going to get a "heads-up" about the "date" that we'll see a higher rate. * If I do get a "heads up", I wouldn't email it or tell anyone... I'd just get to work! Those are my thoughts for the evening! I would apologize for not having a date and rate for you all, but I think I just explained why I don't. Here are the Q's from the members! ======================== That is a completely fair question, and I don't blame you for asking it! I could die in a car crash or be eaten by a shark tomorrow, and then what?! YES, I do have a complete plan for this. If I should no longer be able to perform my duties here, whether it be from a terminal illness, a fatal vehicular accident, or becoming a tasty treat for a sea-creature... I have laid out all of my plans and details for very competent and individually chosen "successors" to my role here. You better not have jinxed me with that post... I'll give that... and seriously, take this with a grain of salt, because this may be exactly what they want us to think... I'll give that an 80/20 "YES". Don't forget the grain of salt. Thank you You had me at "When the Fruq" I'm giggling like a schoolgirl and I can't even 1. See my post above 2. What is your "contact in Wall Street" suggesting you do? Sell at a slight profit (which you have, since you're in this for 10 years), and invest in a 401k or a mutual fund which is barely breaking even (if not losing compared to inflation) and has no chance like the Dinar may have? Put some real numbers on the hypothetical question please, or if you want to sell out - just do it. I don't have time to answer vague questions. I have never said "all banks will cash in for us". I have to end right there. A - Nope, you haven't missed it. That's what is driving so many of the members crazy, it's not just you! There really is not any ONE thing that is holding this up... it's just a waiting game. It's confusing and maddening and that's exactly the way it should be, according to Iraq. They don't want anyone to know when they will RV. Nobody will know. Period. B - See A. C - I think a few things will need to be heard, and you are smart to pose the question that way. With that said, I am leaning 50/50 on this - I could be right, and we might see a couple actual HCL related Parliament hearings. OR, I am wrong, and we won't see/hear any HCL Parliament news, but it could go through anyway. Both ways, we win... so I'll be happy if I am right or I am wrong. #justgitterdun! Appreciate the post Ignore the gurus. I guess I was a little late. Sorry! I hear Davis is running for Prez 2020 Countryroads, that's a great question and I thank you for posting it. In fact, I think it's something EVERY reader of this site and even anyone else who doesn't read this site should consider... "what if"? What if we don't see an RV... Was our time wasted? I can only tell you what I personally know. As a result of becoming involved in this "world" of foreign currency, I had a reason to do many things that I may not have done otherwise. I'm not the only one to have experienced that. As many of the VIP and OSI members here will vouch for, the things we can learn and apply to our lives as a result of engaging in this venture are much more than just the "Dinar". This is an opportunity to expand your world views, your financial thought process, your entire mental approach to life! I am happy to be part of it. I am blessed to be partners and associates with so many amazing individuals through our journey here... and I look forward to our future, whatever it may hold. I already said "GO RVVVVV!!!", but I'll say it again! GOOO RRRRRVVVVV!!!!
  15. 46 points
    WEL T, JUST BECAUSE I DONT SAY ANYTHING, DONT MEAN ANY THING. I SAY THANKS, BECAUSE THE MODS DO ALOT FOR US. THEY KEEP US IN TOUCH WITH WHATT IS GOING ON OVER THERE. I DONT BASH ANY BODY ON HERE. I DO READ EVERY THING I SAY THANKS TO. BUT I WILL BASH YOU FOR KNOWING THAT. EVERY BODY KNOWS HERE ME. ANY THING YOU HAVE TOO SAY, SAY IT TO ADAM, THE CLOWN, YOTA, AND KNIGHT. I SAY THANKS FOR WHAT THEY DO FOR US. THATS MORE THEN YOU DO.
  16. 46 points
    A member of the Economic Committee: on the central bank set a new price of the Iraqi dinar against the dollar 07-07-2013 01:15 PM Baghdad (news) .. Student member of the Economic Commission parliamentary MP / Kurdistan Alliance / Mahma Khalil, the central bank determine the price of a new Iraqi dinar against dollar coin, and that there is a price real dinars. Khalil said in a statement (of the Agency news): The political maintaining the currency and dinar Iraqi functions of the central bank, and the signals that we observe globally and economically, that there is a future for dinars, adding: may not be the exchange rate of dinar against the dollar per (1300) or (1200) Iraqi dinars, because this price is when the balance was $ 10 billion, and today the balance Iraq's sovereign (76) billion dollars. continued: political Central Bank to keep the bank is not correct, call the bank that there will be forces of Iraqi dinars, because what exists of the dinar, however, citizens of the Iraqi equivalent of the real price in the market, calling for the bank to invest the power of the dinar after the exit of Iraq Chapter VII, and today the central bank is obliged to be a new rate against the dollar. , and pointed out that, because all Aldaat entering Iraq in dollars, and must be no price true of the Iraqi dinar, because the strength of JD robust and powerful in terms of its total sovereign and economic strong addition to the that the Iraqi citizen suffers from weakness Aldnyar Iraq against the dollar. referred to that, the Iraqi dinar less than its value once in a while, towards the dollar, for many reasons, including the blame Central Bank in this ascent, and others point out that the situation in Iraq and the region behind the rise of the dollar, as well as smuggling. / End / 8.'s. m / (This just might happen before Ramadan)
  17. 45 points
    1-24-13 SWFloridaGuy: This Saturday could be a huge day for Iraq's Finance Committee/CBI/GOI/CoR. Today a committee member said that they are going to approve the budget in the next week and that they had agreed to extinguish the debt of the final accounts for the previous years between the CBI & Finance Ministry. Although there is no direct correlation to a new, revalued IQD rate referenced anywhere in budget numbers, we do believe that there will be a provision made for it. This is the budget proposal that Maliki initially opposed when he pushed for the introduction of the new infrastructure bill but it now appears that within the next few days that Iraq will approve their most prodigious budget ever. Now keep in mind, this is also why we are seeing concerns being raised over how they will be able to operate under the burden of a large amount of newly acquired debt. But it appears that the CBI has a plan to not only address this but also previous accounts held as well, which to me is extremely encouraging if true. Here is a new article released a few hours ago describing this development. http://www.alhalnews.com/index.php?page=article&id=1310329078 I want to make it clear that this next portion is strictly just my opinion after having researched this extensively over the past couple of years. I believe that it would advantageous for Iraq to have a more valuable currency at this time if they are truly serious about moving forward with a national economic reform and recovery (like they are claiming) while also extinguishing debt without creating inflation. The 17 private banks and two main state banks were hurt by embargos just before the turn of the century but more recenently have removed restrictions on international bank transactions and freed up the CBI from government control. The CBI has said Iraq’s large foreign reserves, which have risen to a record $60 billion on the back of high oil prices, will shield its financial system from damage. Their economy is still very centralized but I am looking for early 2013 as a great opportunity for those investing in Iraq. I see a large currency appreciation on the horizon for the IQD in the very near future but if it's a historic revaluation (50% - 100,000% or higher) then most likely the CBI will struggle to sustain those measures and stability in the long run. But this is of little consequence to us because we'll be long gone by then and will have converted our IQD into other forms of currency. Barring further legislative changes and assuming they stick to the currency reform plan, I see things progressing relatively quickly and a good first step would be to pass these reforms over the next week. This would also be a great opportunity for Iraqi leaders looking to consolidate support for upcoming elections. Should be very interesting, stay tuned. Sorry that was so long. I know I have a tendancy to ramble on (as Led Zepplin would say).
  18. 43 points
    Luigi take 1 week off the computer please. you are losing it. There are newbie's on this site and i don't want them to read this garbage and think it is true.
  19. 43 points
    Good Morning DV! I appologize for not posting a response to my original post yesterday. I had some issue come up and was unable to meet with my friend (banker) as I had hoped. My grandfather was admitted into the hospital yesterday (early afternoon) and that was a priority! I was able to speak with him for a short period of time to see about meeting later last night, which he was unable to do because or prior plans with his children. I did find out a couple details reguarding what information that he has. Apparently the local bank branch held a short meeting after the close of the business day this past Saturday. He said on the phone that the main focus of the meeting were some changes in certain areas of the banks daily activities.."boring" he stated until the Iraqi dinar was mentioned!! They were told in the meeting that anyone that holds an account with the bank, and asks about the dinar..that their stance is still the same...They do not sell it...But...the woman heading up the meeting (who is the regional supervisor for the Indiana, Kentucky, Ohio area) stated that ALL Regional managers were informed that some changes are to be made in reguards to the Iraqi dinar begining on Feb. 1, 2013. Now, as I stated, I did not speak with him very long because of the situation with my grandfather, and being at the hospital....but his exact statement to me was that he was caught off guard with the rest of the ingo that was given. He didnt say that it was to revalue on the first of Feb., and I didnt ask...he didnt say that she told them that it would revalue at $XXX.XX per dinar...he simply said he was caught off guard, referring to the fact that he had heard absolutley nothing, and all of the sudden it was being dicusssed in the meeting. We are meeting up for breakfast this morning at 9am. I am headed out the door to the hospital...I do not have any others plans after that, and will get back on and fill in the blanks that were left out over the phone. He did state that he had some more to tell me when we meet this morning. Now, I have no idea what else he is going to tell me, or what he knows...I just wanted to let everyone here know that something had taken place, and Im going to find out what all he has to say. I was very suprised to log in and see so many veiws on this post...I have not even taken the time to read any of them...so if anyone asked a question, and I didnt answer...I apologize..I simply have not had time to read anything. I will share any and all info given to me today...as I stated earlier....so far, he has not said anything stupid such as a date or rate, but is very excited to meet up! Hes acting like a kid with a secrect...he just cant wait to fill me in!! Im excited too, but I dont want to expect too much and it not be that big of a deal...and I dont want that for any of you either! I have no reason to be dishonest with this, I just wanted to share! I have to go...but if anyone is interested, I'll be back on and update between 10 and noon. God bless...and GO RI!!
  20. 42 points
    Good morning DinarVets! This is a post I've been working through for a little bit. Some of this is pieced together from thoughts that I had at different times recently, some of the figures are from memory and might be off by a fraction, but the theory is solid. Question: Is Iraq going to "lop"? In the case of Iraq, one of 3 things is going to happen eventually, with “eventually” being either immediately, next week, or maybe a year from now. There is no “deadline” that they are bound to, nor will there ever be one in the current political and economic climate. Certainly there will be factors that could encourage Iraq to move faster or bide their time, but there is no entity or force on the planet that can force Iraq to make any changes to their monetary policy. (I know, I know... "Guru X said next Tuesday and swore on Grandma Nellys urn." I really don't care, and Grandma Nelly doesn't either.) Let's start by talking about the “value” of currencies. When someone says “things are cheaper in Mexico”, or “your money is worth more in X or Y country”, the merit to that kind of statement is marginal. For the sake of using round numbers, you get 1000 dinars for 1 US dollar. If you get one gallon of milk for 2 US dollars, youʼre not going to get 500 gallons of milk for 1000 dinars... youʼre going to pay 2000 dinars for a gallon of milk. Letʼs hop over to Mexico for a minute - are things cheaper in Mexico? In some cases, yes! You may spend the equivalent of $1US for a gallon of milk in Mexico, making your money go twice as far... which means you have twice as much money! $1000 in small-town rural Mexico may go 2x further than Chicago or New York. If you know exactly how much money you have to spend for the rest of your life, moving to a place where your money will go further may be something to consider. Why live like a pauper in NYC if you can live like royalty in Panama, Costa Rica, or Mexico? Before this gets too confusing, letʼs get back to that “value” issue... wouldn't it be a hoot if you could simply convert your money to pesos, where you have 2x the value, then convert back to USD, doubling your money? And just do that again and again until you had enough to buy a big yacht to pull your little yacht on the way to your personal island. Unfortunately, thatʼs not how it works. Youʼd actually end up losing money as you exchange, because the entities doing the exchanging charge some kind of fee for their service - sometimes this is called a “spread”, and I outlined that in the knowledge packed RV Intel book. (Itʼs helped thousands of you become a 13 minute expert on the Iraqi Dinar, grab your copy here!) https://dinarvets.com/forums/index.php?/store/category/5-rv-intel-and-the-cash-in-guide/ VIP members, your copy is free at this link: https://dinarvets.com/forums/index.php?/topic/235186-rv-intel-and-cash-in-guide-updated-2017/ Before we get too sidetracked talking about cheap places to live like a King or Queen, letʼs get back to the Iraqi Dinar, and more importantly, whatʼs going to happen to it in the near future. Like I said at the start, Iraq will do one of three things. In plain Dinarianese, these things are: RV (ReValue) Lop (remove some zeros, either from the exchange rate or the denominations) Nothing. The definition of “RV” and “Lop” can be found in the RV Intel guide, so I wonʼt go into detail on that here. Those terms are defined in the book already. One thing that is not discussed at length is the probability of a lop. One of the best things about this whole Iraqi Dinar thing is this - the absolute worst thing that is likely to happen to us is a net 0 event, where we break even on our money. Seriously, thatʼs the reality! Of course there is a tiny chance that we lose some money. There's also the fact that many of you that have been here with me since the beginning have already almost doubled your money! The worst case realistic scenario is that we break even due to a “lop”. That's it - that's the worst likely "bad" scenario. So, how likely is THAT to happen? Letʼs talk about why a country would do that in the first place, and I think youʼre going to see what many others agree with already: Reasons for removing zeros. Obtaining international credit Regaining national identity and national confidence Controlling currency market Decreasing inflation pressures Preventing currency replacement with foreign currencies Some of those *could* certainly apply to Iraq, but... they donʼt need to lop in order to do any of those. Iraq has already made strong progress in rebuilding and obtaining international credit. They do not have an emergency situation, like Zimbabwe or Venezuela. In fact, Iraqʼs international credit is rated across the board as “B grade” and “Stable” Iraq has already made tons of progress here. A lop is not going to enhance that. The CBI already controls the currency market. There is no need for further action. Iraqʼs most recent inflation was measured at about 2% - almost identical to the United States. We are not talking about Zimbabwe here! Multiple currencies are used in Iraq, but there are no threats of replacing the Iraqi Dinar. But hang on, thatʼs not all! Thereʼs more: Since 1960, only 71 cases of lopping have occurred. In the last 50 years, only 19 countries have removed 0ʼs, with 10 of those countries doing it twice. 4 times for Argentina 5 times in former Yugoslavia Brazil 6 times Bolivia 2 times Ukraine 3 times Russia, Poland, Belgium also 3 times Turkey, Island, Korea, and Ghana one time each Brazil holds the record for lopping, with a total of 18 zeros being removed since 1930 and the currency being renamed 8 times. None of those countries are Iraq, have Iraq's resources, have Iraq's potential... heck, none of them even rhyme with "Iraq". Pretty solid evidence that a lop is a pretty low probability event for us here, don't you think? In summary, my opinion of our possible outcomes in this situation is this: 79% chance we see a change in the value upwards in the near future. 20% chance they do nothing other than maintain the status quo (for now). And a slight 1% chance of a lop. Personally... I like love those odds, and I'm sticking it out. I'm also preparing for the eventual change in value by being involved in VIP here at DinarVets. You are doing the same, I hope! Hopefully this little write up was of value to you, my friends! Stay positive, stay warm, and GOOOOO RRRRRVVVVVVVV!!!! Warmest RV Regards, - Adam P.S. This is not an invitation for the lopster gang to dogpile in here and start spouting your economic genius about how the M0 of Iraq in February makes it impossible to boil a garbage can of rice because hippos like Bingo under a full moon. There's another section on the forums for that
  21. 42 points
    Most of you know I have a Kurdish friend that I work with that served as an interpreter with the US Army and has several Kirdish contacts in the Kurdish Parliment that he speaks to every once in a while. Take this as rumor, but I Personally believe him 100%. He has no reason to lie to me. Here is the latest today.. 1-11-16 Update.. This isn't much of an update but my Kurdish friend did talk with his buddy that helped come up with the Kurdish rate proposal over the weekend. He said the Kurdish delegation that will go to Baghdad on the 17th will consist of 12 people. (I really hope this comes out in an article, but don't expect it to since it is such a small amount of people). He also told my friend that they are proposing a "Big Change" in the exchange rate and hopefully Baghdad will agree. He did not tell him the rate they are proposing and honestly, I'm kind of glad he didn't. I don't know how I would be able to handle such secret info, even if it was just a preliminary proposal.. We are getting close!! Let's hope they get this voted on quickly and implemented quickly too!
  22. 42 points
    I'm sure you already guessed I'd be busy like a guy with one leg in a butt kicking contest today (yes that's what's going on), so I just wanted to pop in and say hi. HOLY MOLY what a night we had in the US!! Here's the scoop... if I don't have anything solid, I'm not going to make a big post. I've got a small opinion on the Election results, and I'm going to share it today since I don't have anything major to share about the dinar. The US election was and is and will be a big deal! I'd like to share a short story about my personal experience with Donald Trump... ... it's like no other election I've ever been part of. Did any of you happen to see that ad the Trump campaign was running on facebook... "Donate $184 or more and get an autographed edition of Donald Trump's 'Art of the Deal'" is what it said. Well, after spending about $30,000 on health insurance this year I was happy to blow another $200 on the one person who said they were going to repeal the very thing that forced me to have to spend that much money on my new shiney "affordable" health care plan. (Which, by the way, is being cancelled at the end of the year and my family still has no clue what we are going to get next... but I digress.) That was a few months ago when I clicked on that ad and made my donation, and I kept seeing that ad... and it kind of started to irritate me. I thought to myself, "Donald - I donated but I didn't get a book, and I keep seeing this ad." I donated for a few reasons, but I started to think to myself that Mr Trump was turning out to be just like every other politician, and I'll be honest... I started to have regrets about making that $200 donation. Heh... imagine the look on my face when yesterday morning, I opened my mailbox and inside a nice yellow package was a signed edition of Donald J Trump's second favorite book. This book arrived before the results were final. This book was shipped before the results were known. This promise, made by a politician (that's what he is now), was kept and delivered even though the election could have been a loss. Wow... can you even imagine what could happen to our country if we finally have a leader that keeps promises? I was fully prepared to just ignore the election for the night, but when that book arrived yesterday, and I started thinking about that question - is it really possible that we could have a President that does what they say they will do? That kind of gets me excited. Congratulations on the Win, Mr Trump. Do the nation some good, my friend... we are rooting for you. That's it for me today, my friends. Democrats, Republicans, and all the rest of you... let's forget our differences for a bit and work together. P.S. #lockherup
  23. 42 points
    My take: He's in Afghanistan. I believe this is an outlet for him. God Bless Him. There was a period where he wasn't posting, about two weeks. I was very worried about him. If he throws things out order, I can be big enough to get over it, and it gives me comfort he's safe. .
  24. 41 points
    Yes that is a one, from the central bank of Iraq. I just checked with my Lebanese co worker. The bill shown is one Dinar Also, in Arabic on the bill, says one Iraq Dinar
  25. 41 points
    8:35 AM [Adam Montana] hey, just another confirmation here... I've seen quite a few lopsters out there insisting that Chapter 7 is not lifted, this is not anything exciting, grumble moan whine... they are wrong 8:36 AM [Adam Montana] Chapter 7 is enforced, Chapter 6 is basically just a request or an advice 8:36 AM [saint] Adam Montana anything else in the news 8:37 AM [Adam Montana] it means nothing - Iraq is a fully sovereign nation with the ability to do whatever they want now 8:37 AM [Adam Montana] Saint not yet... but we're at the "any minute now" stage! 8:37 AM [Adam Montana] rather than the "any week now" 8:38 AM [Adam Montana] VIP members, I apologize... my report that I wanted to get done this morning is going to have to wait. I'm just slammed with last minute details 8:38 AM [Adam Montana] Monielynn I like how you surrounded the date for Ramadan.... you want to do the same thing for the RV date for us please? 8:39 AM [Adam Montana] Well... I'm closing VIP access on Saturday night. That's as much of a date as I'm willing to give 8:40 AM [Adam Montana] ok, back to work 8:40 AM [Adam Montana] have a great day everyone!
  26. 39 points
    ERBIL — Kurdistan Region Prime Minister Nechirvan Barzani met on Thursday with his Iraqi counterpart Adil Abdul-Mahdi in Baghdad. The two premiers reportedly discussed bilateral ties and ways to resolve the remaining disputes between Erbil and Baghdad. This is the first visit to Baghdad by PM Barzani since the approval of Iraq’s 2019 budget bill which secured the salaries for Peshmerga and public servants of Kurdistan Region. No officials statements have yet been made. Link: http://www.basnews.com/index.php/en/news/kurdistan/499761 "First visit... since the approval of (the budget)"... It's only been a week! This is moving, and fast.
  27. 39 points
    Good afternoon DinarVets, and welcome to the weekly! I love days like today, where I can just hop right into the MEAT. As much as we all hate "I told you so's", here are a couple. Headlines from the past couple days include: 1. BREXIT. When this was first brought up in 2016, I voiced my opinion that it wouldn't be successful and not to worry about it. As of this morning, it looks like the whole thing was a huge waste of time and is going nowhere... time will tell, but I could have told you that as well. 2. Did you catch my update last week? One of my talking points was oil, the price per barrel, and Iraq's sneaky but convenient exception to the ongoing limitations on production by OPEC members. Just look at these headlines... "Could Oil Prices Rise By $25 Per Barrel In 2019?" "Kuwait National: $ 65 Brent crude average during 2019 and 2020 " " Oil Markets Could See Deficit In 2019 The oil supply surplus is “starting to reverse,” according to a new report from Bank of America Merrill Lynch." (the word "deficit" is a good thing here ) "Heavy Crude: From Glut To Shortage - Jan 15, 2019, 5:00 PM CST" ("Shortage" is another good word for us right now) " Oil rises with hopes of a better market under OPEC-led cuts " ... and so on. Here's the thing, folks... this is the situation that Iraq wants. This writing is on the wall, in the headlines, and it's heading towards RV time. Iraq can read the headlines just as well as we can, so for now we just hang on tight. Oil is at $52.18 right now, and for scientific discussion purposes, I have painstakingly explained below what I'd like to see happen in this market: What more can I say at this point? 2019 is cruising along nicely for us, and as long as you're in VIP with me... you're ready just like me and a boatload of other DV members! Here's the weekly Q's: Possibly. Our VIP options in Mexico seem to change on a daily basis, and I keep an updated database of what is safe, reliable, and viable. If I say "yes" today, it could be "no" next week, so I won't give a commitment on that question until the time is here. In a roundabout way it does, because global events always have some impact.... so, yes. But it doesn't merit any concern for us at this time. I am midway through writing a post on exactly that topic. I'll wrap it up soon and send out an email. For now, my simple answer - I don't think it's likely that they will take the first approach. More on that later. ================ That'll do it for now! Hang on tight everyone, when the nuts and bolts of my picture above come into play, it looks like we're ready for blast off. GOOO RRRVVVVVVV!!! - Adam
  28. 39 points
    I got a very excited call from my brother a few hours ago, I would have posted this story immediately but my phone was out of battery. My brother went into Chase bank this afternoon to compare checking and savings accounts for the purpose of switching from Wells Fargo Bank over to chase because Wells Fargo has been jerking him around... or so he believes. After taking care of his business he asked the bank attendant if that particular Chase Bank deals in foreign currency. To which the attendant answered yes, then my brother asked him if Chase exchanged the Iraqi dinar to which the attendant answered not at this time. Then my brother asked him when they would be exchanging Iraqi dinar and the answer was quite interesting... The attendant answered and said I am not able to confirm the answer to that question I am also not able to confirm whether or not we just received training on how to spot counterfeit of 4 foreign currencies, 2 Asian currencies and 2 Middle Eastern currencies that are believed to be making some changes very soon. I know my brother well and trust him on this, he was so excited to share the news and I'm happy to pass it along, enjoy! PS I voice texted this to my phone in the car I apologize for punctuation and spelling errors.
  29. 39 points
    STATEMENT: Iraq has a strong opportunity to raise the value of their currency. Lots of people can hate on that, but nobody can prove it wrong.
  30. 39 points
    Everyone knows that the issue we debate every single day a new article comes out is the issue concerning the translation of the phrase "delete the zeroes" and what it means. I may have just stumbled upon something pretty remarkable yet so simple...let me explain. The issue has never been one of translation but one of the true meaning of the translation. It got me to thinking about how to find out the meaning of the words in Arabic. So here is what I did... Knowing that dictionaries give us the meaning of words, I thought about trying to look up the meanings of the words in Arabic. I went to dictionary.com and found the section where you can translate words and phrases from one language to another. I set the translation parameters at "English to Arabic" and typed in the phrase "delete the zeroes" and hit translate. What I got back was this " حذف الاصفار". I then switched the parameters from "English to Arabic", copied and pasted the Arabic phrase "حذف الاصفار" and hit translate. The result almost knocked me off my chair! The result was..."leading zeroes"!!!! See, a translation in Google just tells us the English words but it doesn't give us meaning...only dictionaries do! So the meaning of the phrase "delete the zeroes" is translated "leading zeroes"! This is a game changer folks! This means the nominal value! Every time they have been mentioning "delete the zeroes", they have been meaning the "leading zeroes" from the nominal rate which turns .00086 to .86!!!! You can try this for yourself folks by going to dictionary.com and following the above directions....GO RV BABY!!!!
  31. 39 points
    [Adam Montana] FINALLY! Hey everyone! [Adam Montana] Adam go bold. Adam change your color. Adam the bathroom is dirty. You guys are so demanding around here [Adam Montana] ok, official chat time - today is a BIG day for us! Topic: official chat no typing [Adam Montana] If you are just tuning in, Iraq has officially been released 100% from Chapter 7. This is news that some of us have waited a full TEN years for! [Adam Montana] I've said for years that this is a huge key to our investment... so now one of two things will happen [Adam Montana] I've long held the belief that the HCL is also a major part of this as well as Chapter 7, so the best thing we can hope for is to see a surprise announcement in the next couple days stating that the HCL is passed [Adam Montana] if that happens, we are within a day or two of a rate change! [Adam Montana] however, it does not NEED to happen that way... the rate could change without a full resolution on the HCL [Adam Montana] if it goes that way, then it is likely that we are NOW within a few days of a rate change [Adam Montana] I do NOT think it will happen on a day that the banks are closed - that would provide too much opportunity for something to go wrong. The CBI will want to do this on a day that banks are open, because people are going to flood to the banks to cash in, and the CBI must be ready to hold auctions, etc [Adam Montana] also, they will need to introduce the lower denoms (likely a "new" currency) and introduce a plan to phase out the current dinars [Adam Montana] so there is a very good chance that the old question of "how long will we have to cash in" will be answered this weekend. My hope... SUNDAY [Adam Montana] With all of that said, I have to admit I'm still in a little bit of shock... we've waited a long time for this, and it has finally OFFICIALLY happened - Chapter 7 is DONE! :party: [Adam Montana] That's it, my friends! The announcement is official, we can't cash in yet but this is DEFINITELY reason to be excited! [Adam Montana] open floor [Adam Montana] joedee2004 my opinion on the rate is the same [Adam Montana] Monielynn actually yes - I think I am going to close it Saturday night. I am waiting to hear from a few people, but I'm pretty sure that's what's going to happen [Adam Montana] .10 to $1 [Adam Montana] ok... news this good means I have to get to work. Gotta make sure all these ducks are in a row! VIP members, watch for an email as early as tomorrow morning. Cheers everyone! http://dinarvets.com/forums/index.php?/topic/152484-un-security-council-unanimously-decided-to-remove-iraq-from-chapter-vii/ ============================== ADAM EDIT: Ok everyone, I was waiting on some confirmations and feedback from my personal "boots on the ground" over in Iraq... and having received that, I am going to make an official announcement. At this time I am officially CLOSING the doors on our VIP group as of Saturday night, 8PM Central time. As a courtesy to any of you that may want to get in now, I will leave the discount active until end of business tomorrow. If the RV is announced any time before Saturday night, the door closes IMMEDIATELY. My staff will be busy taking care of the current VIP members and we will NOT take new members, period. To join the VIP group, read the following: I am not guaranteeing an RV this weekend, but it is LOOKING GOOD! Everyone please keep in mind that this is not only about us... it is really about them... and as to our benefits, we should be thinking of how we can best make use of our fortunes, be they small or large. I hope and pray that you all plan to do GOOD with any profits you receive.
  32. 39 points
    As an old behavioral psychologist I'm used to looking at actions-reactions and asking WHY? Up front just to be clear... this is just my My watching this for years and asking WHY? And then developing my own thoughts to answer that question. This is me sharing my thoughts with you, not to convince you but to give you another logical way to look at what is happening before our eyes. I'm not going to EVEN TRY to post LINKS to any of the history I will refer to... I don't have the time... and since I'm not writing this thesis for a grade, it just ain't going to happen!! PLUS There are way too many news hounds here who are WAY better at finding the links than I am I'm sure if you need a link, ask nicely and one of these great posters will probably drudge it up for you, Hey, it might be good for you to research it and find it. Okay, let me share some common knowledge with you. First, We know from way too many news stories over way too many years that Iraq wants to be the strongest currency in the region (as they once were), and they have threatened this many times, AND the financial world is also cheering that behavioral on. Second, We also know that the streets of Iraq are now running on the U.S. Dollar, as about a year ago I wrote a piece on how Iraq was removing the dinar from the streets right after the 1166 pip move (that one you can find if you look up my account and my posts). When the dust settled after Saleh scared the people, there was very little dinar left on the streets... Now it's mainly U.S. Dollars. My contacts there have told me that there isn't a dinar to be found. They've told me that people are hoarding Dinar if they can, in preparation for the coming RV (yes the Iraqis believe its an RV coming) but many have had to use their IQD just to survive. Third, Iraq has announced many times that they will require everyone doing business with them in the future to do it in IQD. Fouth, We also know from current news stories that the Iraqi people are fed up with their government and the poverty and the terrible living conditions they are in. They used to have the U.S. to blame but too much time has passed and with no real U.S. presence there now the people are now blaming their governement. If you've seen the pictures, it looks like freeways full of people protesting and screaming for the "heads" of their leaders. They only get about an HOUR a day of electricity. WOW! How would you feel with that one? Many use portable generators just trying to keep food from spoiling a couple of lights on and maybe keep an air conditioner going in the hot months. They are basically Sick and Tired of being Poor and Sick and Tired and living in the dark. Iraq is on the tipping point of their own Arab Spring and their government (let alone the rest of the world) can NOT afford to have this happen now, or really ever. Okay, let me share some behavioral theroies and my thoughts on an RV and the logical amount based on human behavior. WE MUST Keep in mind, this is IRAQ and this is THEIR deal. They are not doing this for anyone but IRAQ so we have to keep our minds very focused on them and not let OUR needs and desires shadow or cloud our objectivity. First, the people in the streets. The way to calm the people is to make their living conditions better and you can do that fast by increasing their buying power and also sharing with them the wealth of the kingdom. This comes fast and easy with an RV. In fact I believe that they have plans to pay every Iraqi citizen (man, women and child) about $11K / year as a government shared natural resources allowance. Okay HERE WE GO, What if I were in charge of the RV? (scary) If I were responsible for revaluing the Dinar I would bring it in in at a 1 to 1 value with the U.S. Dollar and hold that value for a time. This could be done pegged at 1:1 and then released later on a managed float. During the initial 1:1 pegged time I would closely watch the de-dollarization of USD in Iraq. Since the IQD would be equal to the USD currently on the street this would NOT affect the market place a bit as the value would be exactly the same. No harm, no foul. The people and the government WIN. This would give banks time to receive USD and replace it with IQD and it would be just business as usual. I would hold it there at 1:1 for maybe six to eight weeks depending on how fast the USD is moving off the streets, If I wanted the USD to come off the streets FASTER I would only have to raise the value of the IQD above the USD Probably to about 1.16 to 1 (USD to IQD) which would cause a small financial panic and the remaining USD would FLY off the streets. Raising the value of the IQD over 1:1 devalues the USD and it is no longer a desired commodity. It lessens the people's buying power. It will dissappear from the market place OVER NIGHT. Now the behavioral reason for the initial 1:1 If you were in Iraq and you had $10 USD to go to the store to buy groceries, you could buy $10 worth of value right? Of course, its the main currency in cirulation so everything is priced accordingly. If I revalued your IQD at 1:1, you can still go buy $10 worth of value with your $10USD and you can go to the bank and trade ALL of your USD in for IQD and not get BURNED. If however IF I initially revalued the IQD at 2:1 (This would be GREAT for those of us outside of Iraq but again lets not let our need and greed cloud our judgment and objectivity), {I wrote this across the page for you Goldiegirl !!} BUT if you were IN Iraq, your $10 USD would now only have $5 of Buying Power. You just LOST half the value of the money you have and are using. How would YOU feel if you were in Iraq and you were beat up and robbed by government yet AGAIN! Arab Spring would STILL BE COMING. NOT GOOD! Keep in mind, this is ALL ABOUT IRAQ and their PEOPLE. It is NOT about US or U.S. or ANYONE outside of Iraq. If I revalue it at more than 1:1 the people of Iraq loose. More about this in a moment If I revalue it at 1:1 and let the people ADJUST to it, when I move it to 1.16 : 1, the people can't blame the governement for any loss they incur as they will have had time to make the switch. If they haven't made the switch in time, they will loose 16% of the value off their US Dollars and they WILL dump them. I believe most will switch quickly @ 1:1 for two reasons, One, their history, they know the IQD will go higher and the USD lower. Two, Patriotism. They WANT their OWN currency. Now, what about the IQD outside of Iraq? This is very simple and falls in step with Iraq's decree that everyone will do business with Iraq in IQD. Iraq's biggest natural resource is of course OIL. Here's what happens in a very simplified version and you can find this in detail in Adam's writtings. When anyone outside of Iraq cashes in IQD, it will NOT go back to Iraq IMMEDIATELY. In fact it will not even effect Iraq immediately. When you cash in (we'll just us the U.S. cash in as an example) The IQD will be turned in to a U.S. Bank which will eventually get reimbursed by our central bank known as the "Federal Reserve" who will turn it over to the U.S. Treasury. There's a bunch of fees and trades that occur in this process and everyone takes their cut along the way but suffice it to say, it does NOT go back to Iraq immediately. The Fed keeps the IQD and uses it in the future to buy what? OIL from Iraq, ergo the decree everyone will do business with Iraq in IQD. The VALUE that you will get at cash in will actually come from the U.S. Treasury backing your bank. The U.S. Treasury's value comes from the value of the IQD based on Iraqi OIL and the IQD sures up the U.S. Treasury against debt. Because we are allowed to purchase IQD and cash it in, we are the MULES bringing it in and the U.S. Gov will eventually get the biggest BANG out of it. It's how our government will own a large chunk of Iraqs oil, Thank you President Bush and VP Cheney for an ingenious plan. Therefore, Iraq doesn't really care how much IQD is "Out there" because it will come back to them as tender for OIL and only as they pump it from the ground. That means that all of the IQD outside of Iraq is valued by the OIL that is still in the ground and they're not forced to cover it from their vaults.. What we do know by procedure and treaties is that the IQD can only be used by foreign governments for trading with Iraq and buying Iraqi commodities. OIL. Now lets talk MORE about the 1:1 value. Think about this. If Iraq comes in at 1:1 and cleans the USD off the streets, when they move it to 2:1 they will have DOUBLED their money and therefore PAID for the entire RV. AGAIN, they don't substantially CARE what's outside of Iraq. Their books are ZERO..... BALANCED owning no one. When they move to 3:1 they POCKET as much as it originally cost them and they have NO debt associated with it. Can you say PROFIT from the RV? Sure I hear a lot of talk about an initial RV of $3.41 and even $4 but I believe that this would cause too much shock to Iraqs economy let alone the psyche of all Iraqis. Oh, I believe they would have liked to come in at 10cents to 1 and then, when they got to 20 cents to 1 they'd have paid for it! Lock, Stock and Barrel. Then it would just be profit, profit, profit as they climbed back to their mid $3 range where they fell from. But time has become their enemy and I believe as you can see that they can't come in lower than $1 The streets are full of USD and coming in at anything LESS than 1:1 will only enrage the people more, making them feel that their countries leaders are still devaluing their homeland and resources. That alone will still - Bring on the Iraqi Arab Spring. Hey, anything less than 1:1 and their IQD is still worth LESS than the USD, the USD that they're ALREADY USING and they WILL NOT change. People do NOT trade DOWN willingly. We ALWAYS hold our ground or trade UP. Nope, I believe 1:1 is the Win/Win for the government AND the people and I for one will be VERY HAPPY with 1:1... After we see the USD off the streets in Iraq, we'll see it climb. Be ready!! Thanks All in advance for reading my worth of thoughts. CaptainWingnut Go RV SOON
  33. 39 points
    Baghdad (news) .. Likely Vice President Finance Committee MP / coalition of Kurdish blocs / Ahmed Faizullah, the return of Iraqi dinar exchange rate to the price of natural versus the U.S. dollar, the requirement to take the central bank procedures necessary and the use of international expertise to support the national currency. said Faizullah (of the Agency news): The country is suffering from floundering his policy monetary and economic terms that the money that goes out of the country for imports more than the money that comes to the country from oil sales, etc., in addition to there other funds wasted in various ways. added: that the central bank must take its measures necessary to recover the value of the Iraqi dinar to natural rate against the U.S. dollar, and the use of international expertise should benefit from the recommendations of the International Monetary Fund to support the national currency. / end / 8.. /
  34. 39 points
    [Adam Montana] Good morning everyone! [Adam Montana] Official chat time in 3... [Adam Montana] Now Topic: official chat NO TYPING [Adam Montana] I hope you are all doing well this morning! As you can see, the site underwent a pretty major change this week. [Adam Montana] As a result I have a ton of bugs and kinks to work out, so I am going to keep this chat brief. [Adam Montana] My personal opinion on our situation is still positive for the same reasons as last week. With this talk of an upcoming revaluation from 1166 to 1000:1, it's not hard to imagine all of the ways this is good. Not only is it an immediate increase, a great way to begin encouraging ALL Iraqis to carry IQD instead of USD, and could open the door for much bigger gains... it's also solid proof that we are holding a winning ticket. [Adam Montana] Not much more you can ask for at this point, other than the actual RV!!!! [Adam Montana] ok, questions! kcw, welcome back - the rest of the Team did a great job covering for you while you were gone, but it is good to see you here again [Adam Montana] Go ahead [kcw] TomRiddle What's your take on the recent articles talking about moving from 1166-1000? The daily auctions have been dropping, your thoughts? [Adam Montana] Tom, I love the articles on moving the rate to 1000:1. I could write a 5 page essay on why, but I have bugs to work out in the new site layout so I'll just sum it up: I like it. [Adam Montana] next please! [kcw] Luigi1 Why can't the Kurds just name a replacement for Talabani? What is so difficult it can't be done? This ain't rocket science. [Adam Montana] Luigi1 that's a great question. My answer is "strategy". They are in complete control, whenever they need to do it they will simply do it. Like you say, it's not rocket science. [Adam Montana] Next please! [kcw] Elixirbaby Thanks for all you do. You had mentioned some site changes coming, could you include spreading out the + - . So close together I sometimes hit the wrong one. Oh and go RV [Adam Montana] That's a great idea - I did that. In fact, I moved the - button so far away from the + that most people can't even find it now! [Adam Montana] next please! [kcw] waitingondinar Adam, can you elaborate on the article title: Source: Washington worried about the situation in Iraq; Will not renew DFI protection in 2013 Also, the meeting to discuss the 2013 budget has been postponed 3 times. This pattern can continue forever. Have there been any ne developments in the HCL or Chapter 7? [Adam Montana] hey waiting, thanks for the question. Ever see the movie Groundhog Day? They did this last year, same scare tactics, same budget delays, etc... at the end of the day, we saw Iraq go forward and the value increase (not a lot! But it definitely didn't DECREASE!) [Adam Montana] Next please! [kcw] chess ADAM: This is perhaps my non sequitur RV frustration coming through. Are they just printing up more and more pretty paper to sell, as to suck in more of our (and other country) dollars?......thank you [Adam Montana] There's not as much dinar outside of Iraq as one would think. When you are surrounded by dinar investors, it is easy to think that "everyone has dinar!" - but that's simply not the case. [Adam Montana] next please! [kcw] userghost How does this investment differ from other investments that you have made? [Adam Montana] Oh jeez... that's about as broad a question as you can get! [Adam Montana] I'm invested in Real Estate, stocks, precious metals, speculative ventures, and all kinds of other things. One thing that really stands out though [Adam Montana] is that with a penny stock or a startup company, you don't know as much as I feel we know about Iraq. [Adam Montana] with real estate, depending on how you go about it, you can make a decent guess on what you will make given the market conditions and your plans for the real estate (depending on if you are developing, flipping, renting, etc) [Adam Montana] of course, you can lose your tail in Real Estate as well... and with a penny stock or a startup company, you can lose out on those too. [Adam Montana] If anything, I think the Iraqi Dinar is a great thing to stick a couple grand into and just see what happens. You can't get into Real Estate for that small of a commitment, and a penny stock or a startup is pretty much the same. [Adam Montana] Hope I answered your question... that was a tough one! [Adam Montana] next please [kcw] Whiplash Any comment on this from Tues eve? An article just surfaced...a high political source leaked…. [Adam Montana] Don't take this personal, but I read as far as "a source leaked" and I deleted the rest of the question. I'll stick to basing my opinions on facts, not rumors or "sources". [Adam Montana] next please! [kcw] soonerdoc Adam, thank you for all you do for us in regards to this investment. My question is in regards to the amount of dinar currently in circulation? It's estimated to be around... [Adam Montana] This has been tossed around for years now... unfortunately we have no reliable way of knowing this figure. The CBI could tell us, but they are under no obligation to do so, and they are very tight-lipped about it. [Adam Montana] The "estimates" you will see out there all have some chance of being accurate - the problem is where the estimate is coming from. If it's coming from a l0pster, they tend to estimate high. If it's coming from the other end, they tend to estimate low. You probably want to find the two ends of the spectrum and just aim for the middle... but that brings up this question: Who cares what the exact number is? If Iraq is going to continue to move forward, and they continue to increase the value, and they eventually RV... I don't care how much is in currency. [Adam Montana] I DO care how much is in my safe! [Adam Montana] next please! [kcw] Seabee1972 Thanks Adam, for taking the time to answer this question. Over the years I have been reading how Iraq has billions of U.S. dollars in their possesion. To me this is what seems to me to be driving their half stalled economy and how they are able to pay the big contract work. It is no wonder why inflation is low when then country is awash in U.S. dollars. It would appear, given this senario a big reason why we have not seen an RV as of yet. Adam, am I way off base in my thinking and is this perfectly normal for a country to operate with two currencies side by side like Iraq is doing? It would make sense for Iraq to drag its feet when you have a situation like this. What are your thoughts on this? Thank you sir. Also, for all of those in the know out there. are there any vets out there that would know in fact if Agent Orange was used in Diego Garcia in the early 1970's? Any help would be appreciated, [Adam Montana] Seabee, good post. I don't think you are off, your points are valid. Regarding the two currencies - yes, this is pretty common throughout the world. The USD is taken just as freely as the native currency in many countries. [Adam Montana] Next please! [kcw] Brisco adam - i feel that the reason for them pushing on all the major topics so hard lately has to do with the rescinding of protection of the DFI...I think this monitary pressure will motivate allot better than diplomacy. " what are your thoughts" could this be the last straw in iraqs money vault if they think they have problems NOW?....WAIT.... The vultures will be literally clawing their way into every penny they have all 900 billion in assets. Does this have the power of s**t or get of the pot or not. Thanks & i really like the web site changes [Adam Montana] Monetary policy is indeed going to be a bigger push than political pressure. Right now Iraq is under minimal political pressure - the UN huffs and puffs but there is no real CONSEQUENCE to their actions or inactions. Iraq is going to move when they have to, or when they want to... and it will be for money. One way or another. [Adam Montana] Ok that was it! Thank you all for your patience as the new site layout is worked through, try not to break anything, and of course GOOOOO RVVVVVVVV!!!!!!!!!! [Adam Montana] [Adam Montana] I'm off like a wild herd of turtles y'all... have a good day
  35. 39 points
    i read the first story like most of us , and time slipped away and bamm 35 pages later wow, so if you do not mind i searched out the good parts and put them here, --- thanks again hoosier guy , ---------------------------------------------------------------------------------------------------------------- went into my local Chase bank this past Friday to take care of some things related to my accounts. I sat down with my personal banker whom I've known for about 2 years now. He knows that I am invested, and he actually decided to invest himself after he and I had talked about the dinar on several occasions, and after doing some research on his own.After my business was completed, I made a remark to him that I wish this thing would pop, so I could pay off some bills and purchase a new home... he stated that he really hopes for the same, but that he hasn't heard anything. Well, as I said..that was Friday. This morning, I woke up to find an email from his personal email account (not his bank email). He simply stated that during a meeting that the branch had on Saturday after closing, that they received some information from the branch manager concerning the IQD.I truly have no idea what he found out, but he asked if I was available for lunch today...and that he would fill me in on the info atthat time! Its not unusual for us tto have lunch together, or to get together after hours...because we have become friends over the past couple years. But he has never asked to get together because of something concerning the dinar! I have NEVER posted a bank story..or for that matter....this is only about the 2nd or 3rd thread that I have ever started...period! I am fired up about our lunch today...and I will share any info that in get later today after we meet. It will probably be after 5pm before I am able to post what he has to say! Just for your information, this banker handles wealth management for my region for this bank. I don't know if he is involved in foreign currencies or not. Just thought I'd share what I woke up to this morning! God bless!!! ............................................................................................................................. page 19 --- Good Morning DV! I appologize for not posting a response to my original post yesterday. I had some issue come up and was unable to meet with my friend (banker) as I had hoped. My grandfather was admitted into the hospital yesterday (early afternoon) and that was a priority! I was able to speak with him for a short period of time to see about meeting later last night, which he was unable to do because or prior plans with his children. I did find out a couple details reguarding what information that he has. Apparently the local bank branch held a short meeting after the close of the business day this past Saturday. He said on the phone that the main focus of the meeting were some changes in certain areas of the banks daily activities.."boring" he stated until the Iraqi dinar was mentioned!! They were told in the meeting that anyone that holds an account with the bank, and asks about the dinar..that their stance is still the same...They do not sell it...But...the woman heading up the meeting (who is the regional supervisor for the Indiana, Kentucky, Ohio area) stated that ALL Regional managers were informed that some changes are to be made in reguards to the Iraqi dinar begining on Feb. 1, 2013. Now, as I stated, I did not speak with him very long because of the situation with my grandfather, and being at the hospital....but his exact statement to me was that he was caught off guard with the rest of the ingo that was given. He didnt say that it was to revalue on the first of Feb., and I didnt ask...he didnt say that she told them that it would revalue at $XXX.XX per dinar...he simply said he was caught off guard, referring to the fact that he had heard absolutley nothing, and all of the sudden it was being dicusssed in the meeting. We are meeting up for breakfast this morning at 9am. I am headed out the door to the hospital...I do not have any others plans after that, and will get back on and fill in the blanks that were left out over the phone. He did state that he had some more to tell me when we meet this morning. Now, I have no idea what else he is going to tell me, or what he knows...I just wanted to let everyone here know that something had taken place, and Im going to find out what all he has to say. I was very suprised to log in and see so many veiws on this post...I have not even taken the time to read any of them...so if anyone asked a question, and I didnt answer...I apologize..I simply have not had time to read anything. I will share any and all info given to me today...as I stated earlier....so far, he has not said anything stupid such as a date or rate, but is very excited to meet up! Hes acting like a kid with a secrect...he just cant wait to fill me in!! Im excited too, but I dont want to expect too much and it not be that big of a deal...and I dont want that for any of you either! I have no reason to be dishonest with this, I just wanted to share! I have to go...but if anyone is interested, I'll be back on and update between 10 and noon. God bless...---------------------------------...................................................page 21...........................................................................................Hello again fellow dinarians...I wanted to post an update on the info received from my friend at the bank. But first, I cannot beleive how many people have been on this thread! For those of you that left well wishes for my grandpa and the situation there...My sincere Thanks! The bank involved here has began, and actually has been for about 6 weeks, putting together an "organized plan" as far as the dinar is concerned. To the public, their position has not changed...and will not until the revaluation is made public (basically goes international) as far as trading is concerned. They WILL be involved n the currency exchange, and are dealing with some new stipulations that may go into effect...and I truly hope they dont! One of these possible "rules" is a limit on the amount an individual will be able to exchange during a certain period of time. So, if they do indeed place that stipulation on the exchange, those who hold several million coulld be forced to wait a period before they are able to exchange all that they hold. He said that it was not made clear if this was a bank policy, or something that our wonderful government has came up with...but at this time...it is not in force. The million dollar question....When? They stated that Feb would see the begining of an influx of people exchanging dinar. No date was given, but due to some of the changes that the bank is to implement on Feb 1, He believes early in the month. There will not be any big signs out front of the banks saying "COME IN AND EXCHANGE YOUR IRAQI DINAR HERE", all transactions will be handled just as any other foreign currency transaction would. During their meeting, exchange rate questions were addressed. The woman giving the information would only speak to the fact that it would change on an hourly basis, and any transactions would be exchanged at that current rate which would be decided by Iraqs Central Bank.Tis man has been in banking for 24 years! His statement to me about this situation was when it comes to money...everyone is out for number one! This situation is something like he has ever seen, and he told me...something is up. For the past several years the bank had a firm stance that the dinar was not going to be a part of the banks services! And now....they are changing everything to the exact opposite! He told me that only certain levels of bankers are privy to certain info, and even though this woman who was there speaking at this Saturday morning meeting is a regional director...she is in the dark about all of the details. She was simply passing on information to the branch level because someone higher up deemed it was neccesary to do so. He believes that certain people at the branch level will get more info in the coming days. Through this whole conversation we had, one thing that was never mentioned was...are they going to? It was as if there is absolutley no question what so ever that this revaluation will happen! When I asked..what if they dont, he smiled and said thats not the question....the question is the when and how much!! Anyway, that is the info and the sum of our conversation this morning. By the way...this bank is a Major US/International bank. Take the info for what its worth...personally...im about to pop waiting for the next few days to come around..and just maybe get another email from him. Since he specializes in the area of wealth managment, I would think he is a good source. He has never given me a reason not to trust him, and knowing him the way i do...and just listening to the way he was talking about it, and acting.....He was not blowing smoke!!! He is onto something Fantastic!! Thats all for now..thanks to those who were paitent while waiting on me to get back. I may pass on any further info I get from him...it will depend on what happens over the next several days. Oh...one statement that was made that I omited...when speaking about the possible exchange rate, he was assured that in no way, shape, or form would it come out any lower than the US dollar. He related the rate to be inline with other countries that were simular to Iraq as far as their resources. Also, De La Rue machines are going to be few and far between in reguards to this bank. There will not be one in any branch within 100 miles from me...so no new big shiny machines! Which means I have to travel...not letting anything leave my hands. God Bless! Im ready!....................................................................................................................page .36...............................................................................................................Did a little research, and called (let's call him Dave)...so I called Dave last night and wanted to see if he could check a little further into this limiting cash amounts. This part was really the part that bothered me the most! I just got off of the phone with him. He said that everything that he is being told leads him to believe that this is a "corporation condition" whatever that means. I take it to mean that any limit on the amount a person can exchange at one time is determined by the banks, and has nothing to do with government. But, he said that he couldn't really get a definite answer...just that it was "corporation conditions". I asked him to see if he could get a definite on it..said he would see what...if anything further he could find out on this subject, as well as anything else of course. Just thought I'd let anyone interested know..will post later on if I find out anything further! God Bless! Go RI !! ............................................o kay now i can go back to top and read what this is about with all the imputs this thing has gone wild ,, thanks again for the info hoosier guy ,,,
  36. 39 points
  37. 38 points
    Good morning all! Happy International Women's Day, especially to those of you amazing women on our staff and member list here at DV. The world, and DV, would not be as awesome without you! This has been an interesting week in the markets, but not so much for Dinar when it comes to actual news. There's a good reason for this. Oil has been pretty flat, just like the news on HCL. Step back and take a "big picture" view of the situation, and it's easy to understand that this is to be expected. I find it amusing to read the headlines that state "Oil production falls to (X time frame) lows..." Hang on a second, oil "falls"?! That's the headline? I don't think that's accurate. It's not "falling" - it's being controlled, exactly as they planned. This is a topic we've been on top of since 2017, before the talk of OPEC agreeing to slowing oil production. The headlines would be more accurate if they said "Planned reduction in oil production to stabilize prices" But that doesn't get as many clicks, it's just not as sensational... even though it's the truth. And we've been expecting it, because we have been watching this sector through a fairly specialized set of glasses. Interpretation: All is going according to plan. And if all is going according to plan, then it's just a matter of time. Sunday is the first day of work for the Iraqi week, so I'd suggest taking a couple days away from the "news" - get in VIP for the peace of mind, do some reading in there if you want to be prepared, informed, and ready. Otherwise enjoy a couple of days away, because we're not going to have an RV in the next couple days. Unless I'm wrong. I'm always open to that possibility! - Adam
  38. 38 points
    I am NOT big on rumors and if you check my posts all the way back to when I joined DV in 2009, I have NEVER posted a rumor...BUT... I did have a patient come into my office that states that he does have "connections." (yeah, I know, "connections") With that being said, I strongly feel that my patient is legit and I do trust him. He has been my patient for years and he and I have discussed the IQD on many occasions. He told me that the RV is a done deal this month, meaning that the RV will happen before the end of the month. Will it happen? Heck if I know!!! I am just passing along a RUMOR...no more, no less! And remember....DO NOT purchase any IQD on a rumor!!! My best to all of you and I hope that this ride DOES come to an end this month with an RV! After all of these years, I am looking forward to meeting many of you! As always, I remain... Dr J
  39. 38 points
    Shammari calls to set a date to reset the Iraqi currency Posted on: 08/07/2013 19:24:15 BAGHDAD / With: spokesman called white parliamentary bloc Kazem Al-Shammari to make an appointment to reset the Iraqi currency. Al-Shammari said in a press statement, received a "news the future," a copy of it, that "the high volume of reserves of Iraq from foreign currency to $ 76 billion in addition to the 30 tons of gold bullion, and out of Iraq from Chapter VII, make it necessary to set a date to reset the Iraqi currency ." "The investment of this reserve big help to raise the value of the Iraqi currency compared to foreign currencies, and thus will contribute to reduce the prices of goods and commodities, would be reflected on improving the living standards for the Iraqi people and thus contribute to the insurance community and reduce crime and the fight against terrorism." Ended http://translate.google.com/translate?sl=auto&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&layout=2&eotf=1&u=www.mustakbal.net
  40. 38 points
    OK lets first start of by saying I have am not a newbie here. I have been a member of Dinar vets since Jan 2011. I had to quit posting and watching because it was driving me nuts....LOL I also created a new SN (Old one was DeanO69) because I lost access to my old account and old email. I am now a retired Army Veteran! OK ... So this past Thursday I was in my bank (Fort Sill National Bank) on Fort Sill Army Post located in the PX. While processing my transaction, I began talking to my banker there about the lifting of CH. 7 and the possibilities of the IQD. Told him every that I don't really know about the IQD and he was interested about the information that I shared. I left the bank and never thought much about our conversation. Today: I go to pick my wife up from work at the PX and we are walking around shopping. As we pass the bank in the PX the banker shouts at me to come in and visit with him. He proceeds to tell me that everyone there was more interested in what I had told them so they went and researched it. He and the Manager there told me that yes their exchange site says the exchange rate is 1 USD:1 IQD and has a note beside the rate that says Pending Action. He asked again how much I had and I informed him and asked if I would be ale to exchange there and the manager said no that I would be allowed to exchange in another location on post. She said the only unsure thing at this time was the date and time the pending action would take place. They said that they gladly handle all of my future transactions after my exchange. All I can say is OMG! It really happened to me! GOOOOO RVVVVVV!!!!
  41. 38 points
    (Received the following in my emal this morning. Enjoy!). WHAT DID YOU CALL ME? I'm a RACIST for criticizing Obama. I'm a TERRORIST because I believe in my 2nd Amendment Rights. I'm a TEA-BAGGER for supporting the Constitution. I'm a THREAT TO NATIONAL SECURITY because I refuse to shut up. I'm a TROUBLEMAKER for asking unanswered questions. I'm a BIRTHER for questioning the lack of documentation of the Commander In Chief. I'm a TRAITOR for blowing the whistle on my corrupt government. I'm a CONSPIRACY THEORIST for presenting documented facts. I'm ANTI-AMERICAN for supporting Constitutionalists. I'm a RELIGIOUS FANATIC for believing Jesus Christ died for my sins. I'm a WAR MONGER because I support the Troops. I'm a HOMOPHOBE because I believe in the sanctitiy of marriage between a man and a woman. I'm a GREEDY CAPITALIST because I believe that you are not entitled to what I have earned. I'm a SEPARATIST because I oppose Illegal Immigration and Sharia Law. Yep, GUILTY, and DAMNED PROUD OF IT!! What's your point? Carla Shepherd 2012
  42. 38 points
    Utah Sheriffs Warn Barack Obama News Corner USA 20 January 2013 The Honorable Barack Obama President of the United States of America The White House 1600 Pennsylvania Avenue, NW Washington, DC 20500 Dear President Obama: We, the elected sheriffs of Utah, like so many of our fellow Americans, are literally heartbroken for the loved ones of the murdered victims in Connecticut. As Utahans, we are not strangers to this kind of carnage—one of the latest being the 2007 Trolley Square murders wherein nine innocents were gunned down—five losing their lives. We also recognize the scores of other recent domestic massacres, which have decimated countless honorable lives. As Americans, we value the sanctity of life. Furthermore, similar to our inspired Founders, we acknowledge our subservience to a higher power. With the number of mass shootings America has endured, it is easy to demonize firearms; it is also foolish and prejudiced. Firearms are nothing more than instruments, valuable and potentially dangerous, but instruments nonetheless. Malevolent souls, like the criminals who commit mass murders, will always exploit valuable instruments in the pursuit of evil. As professional peace officers, if we understand nothing else, we understand this: lawful violence must sometimes be employed to deter and stop criminal violence. Consequently, the citizenry must continue its ability to keep and bear arms, including arms that adequately protect them from all types of illegality. As your administration and Congress continue to grapple with the complex issue of firearm regulations, we pray that the Almighty will guide the People’s Representatives collectively. For that reason, it is imperative this discussion be had in Congress, not silenced unilaterally by executive orders. As you deliberate, please remember the Founders of this great nation created the Constitution, and its accompanying Bill of Rights, in an effort to protect citizens from all forms of tyrannical subjugation. We respect the Office of the President of the United States of America. But, make no mistake, as the duly-elected sheriffs of our respective counties, we will enforce the rights guaranteed to our citizens by the Constitution. No federal official will be permitted to descend upon our constituents and take from them what the Bill of Rights—in particular Amendment II—has given them. We, like you, swore a solemn oath to protect and defend the Constitution of the United States, and we are prepared to trade our lives for the preservation of its traditional interpretation. The Utah Sheriffs’ Association http://newscornerusa.com/articles/news-2013-2001.html (Great new news source, right thinking...)
  43. 37 points
    Evening all! Today's update is late, but it's for a good reason. Unfortunately, for me to talk about my reason would only add to the "rumor mill" and give the "gurus" something to talk about, and that's not something I want to do. I will do another update later this week... hopefully as soon as Friday, perhaps as late as Sunday, but that's the best I can promise. Like that wave I talked about last week, dinar news is just something we can't control or even anticipate, beyond the simple expectation that "it will come". Quite a few! Avila Beach all the way down to Del Mar. My average hitch was probably 35 miles but it was an easy 4 hours between hopping rides. Del Mar was crap for waves but the setting is amazing and worth a visit From what I'm told, and making a fairly educated guess, at least half of that "cash" is not a consideration - lost, burned, or buried. The other half is mostly accounted for and is going to be factored into the RV amount. Chapter 7 is still a sideline. HCL is the major factor. See above I'm waiting on some news as of now, actually as of a couple days now... it's coming. Hey dinaro, sorry for the late update! I'm doing the best I can with the info I have Well I certainly hope the meteorologists can get it right soon, because I've been begging for a meteor shower this whole week! I laughed along with you. That's nothing more than a conspiracy theory that may hold a little weight... but not enough to bank on. The real value of this situation rests upon Iraq, and their potential, which is tremendous! It was fun to think back on some glorious times! I didn't post it yet. I apologize for that! It's sitting here, composed, ready to go with one click... but I can't do it until I get one little confirmation. ======================= That's it for now! I hope to be back shortly with more, but I am not in control of when that wave comes. Either way, I'm watching and waiting right beside all of you! - Adam
  44. 37 points
    I post just anything but yet, you want a translation...
  45. 37 points
    ----------- quick update.... I just posted this in the chatroom, will follow up later: --------------------- Adam MontanaHowdy all! The Machinegood evening all TicoHowdy Jetmanwe were wondering if you was alright Adam MontanaSorry for the late chat... mind if I interrupt real quick? TicoNP Jetmango right ahead 2:20 PM The MachineFire away boss Jetmanthe room is all yours Adam MontanaThis is an unusual situation for me to be in... but I'm just going to go out on a limb and spit it out. 3KINGSDO IT Adam MontanaFor the past couple months, I've been getting messages and more importantly... "feelings"... from my banking partners and investment people. And as of just last week, a few of our offshore banks started letting me and my staff know that big changes were coming. The Machine BJinMontreal Adam MontanaAs of a couple days ago, they started sending out messages to other clients as well. The messages are varied, but they all point in the same direction - towards somethign significant. Adam MontanaOne says they expect us to be dealing with stricter US investment and reporting laws shortly, another is stating they expect MY clients to be dealing with larger amounts of cash soon, another is anxious to get all of our current affairs finalized and quite a few are starting to hint that they will not be taking new clients in a very short manner. I'm not saying I'm being told directly that we're on the brink of something major. 2:25 PM The Machinesounds promising Adam MontanaBut I will tell you that I am VERY busy right now and I'll try to get to the Q&A later tonight or tomorrow morning. Fingers crossed! I'm going to post this in the chat log section of the forum as well... so if anyone comes asking, you all know what's going on in my world. CHEERS! I'll talk to you soon, and I'll keep you updated. The MachineThanks Adam 3KINGSTY dinar2blowThank you Adam! ------------------------ to be continued ------------------------
  46. 37 points
    Thursday, March 14, 2013 10:27 Central Bank announces near new decisions to reduce the high rate of foreign currencies Font Size Print Email BAGHDAD / Baghdadiya News / .. Iraqi Central Bank announced on Thursday that it was taking a number of new decisions that will change the exchange rate of foreign currencies against the Iraqi dinar and thereby contributing to its stability in the currency market. The bank said in a press statement received / Baghdadiya News / copy of "Central Bank and after follow-up floury to the high exchange rate of foreign currency in the secondary markets in Iraq, tends to take many new decisions to maintain the stability of the exchange rate of these currencies in the market." The bank said that "the announcement of the near making these decisions by the Bank comes to warn dealers to trade currency, investors and men for taking Ahitatathm to the Aatatroa this change in the exchange rate." Adding that "the exchange rate change would be different from the current prevailing prices of foreign currency against the Iraqi dinar." The price of foreign currency, especially the dollar has witnessed over the past period a remarkable increase in secondary markets as a result of monetary policy the current government and economic instability in the country. Finished / 21
  47. 37 points
    Why do I need an assault rifle? Submitted by snakepit22 on Wed, 12/19/2012 - 14:49 Why do I need an assault rifle you ask? I don't need it for hunting. I don't need it for home protection from a single invader, or even two. So I echo the sentiment of many gun control advocates; Why do I need an assault rifle, with a high capacity clip no less? Here is why. I need an assault rifle because I live under the rule of a government who thinks it has the right to take away my assault rifle; a government who dictates who I can marry, what I can eat, drink, and smoke; a government who uses force to take my money away from me, who charges me rent (property tax) to live in my own home: a government who commits acts of war without the consent of the people, who murders it's own citizens witout probable cause or due process; a government who has monopolized the currency with which I can trade my goods and services, then devalued that currency through inflation and taxation; a government which uses the tyranny of democracy rather than the freedom of a republic. To put it bluntly, I need an assault rifle in the event that I might have to declare my independence from a tyrannical government. I'm statistically unlikely to ever shoot an intruder in my home. I'm statistically unlikely to ever be in the position to stop one of these rare mass killings at a school, as these things happen far less often than the media would have you believe. However, whether you are Democrat or Republican, you can easily find countless instances of the government stepping all over your rights, whether it be on social issues (marriage, *** rights, religious rights, etc.) or fiscal issues (taxation, property rights, business regulations, etc.) So, how likely is it you will use your assault rifle to prevent a school shooting? Not very likely at all. However, how likely is it that you will need your assault rifle for the purpose of protecting your rights from a tyrannical government? Well, the fact that we are having this conversation not only shows that it is increasingly likely, but it also clearly demonstrates the reason why the right to bear arms is unalienable. When a tyrannical government uses it's assault rifles to take away my rights, it would be beyond immoral to expect me to defend those rights with my grandpa's shotgun. That is why I need an assault rifle.
  48. 36 points
    Afternoon all! It's still Ramadan. The end.
  49. 36 points
    Good Morning & Happy New Year Everyone - I have been out of commission for the past several days fighting the flu crud and still fighting it today but feel a slight winning edge finally - I am happy to start the day off with a good rumor that I choose to hold a little faith in - Hope you find it encouraging as well -UNEEK Hello Everybody- I have decided to break my silence and reveal my understanding of truth surrounding the Iraqi Dinar. First, I am married to an Iraqi born citizen who works as a foreign affairs delegate for the Iraqi Government. We are are heavily invested in the Dinar as many government people are. My husband speaks many languages and works exclusively with other country's that are investing in Iraq, the two major countries are the United States and China. I have been following the information that is being put out by what is termed as "Guru's" on **************** & another site. I am not a member of any Dinar site, but have seen enough quotes from all the major players and have a pretty good gist of what is what. The only individual that is remotely close to the truth is the gentleman named OCrush on ***** ******** Okay, I am running a huge risk for putting out this delicate information, but at this point, it is to far along in the process to matter. The Iraqi Dinar is set to revalue prior to the 10th of January barring any hang ups, (which are common) it should show at a rate of $3.42 and experts are expecting it to rise fairly quickly from there. Yes, it could be delayed, but if it is again, it will be only for a very short time. I hope this information gets out so the many mis-informed "Gurus" stop spreading their false,short sighted facts. Happy New Year to all.


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