svanish

Anybody have experience selling to Tampa Dinar Gid, Sterling or SafeDinar?

I think Tampadinar has the highest price, but can someone let me know? Looking to sell about $15 mil dinars worth.

I agree I believe several dinar dealers have sent out same message in the past. Jusy balooney

I have circulated and uncirculated bills all denominations from $1,000, $5,000, $10,000 to $25,000. Most are uncirculated brand new bills. Have some certificates from Dinartrade and Safedinar. Some I bought used from private individuals. PM me if you can, not sure how this works, since I have not posted in a long time.

Last year he said July 26th 2010. Of course that date came and went.

This topic has a lot of hits like 45000 views is incredible. Now I only hope it is correct. Too many convergences of opinion. Was not watching the Dinars for awhile, so I am not sure if this is a regular occurrence. Speculatorsride, Sonny1, Rich in TX. A lot of people agreeing that the ride is coming to an end, I hope so....

Expert: raise zeros from the currency will go down is an achievement of the CBI June 26 2011 Follow-up - and babysit - said the expert, industrial Abdul Hassan Shammari that the deletion of zeros from the Iraqi currency is an achievement of the Central Bank will be recorded in the event have been implemented. Where the Iraqi Central Bank announced its readiness to delete the zeros of the Iraqi currency. Al-Shammari said that the process of deleting Alocefarla affect the Industry and Trade of Iraq, but it is a good step from the central bank will add an achievement that has been implemented in the event because it would ease a lot of effort to balance and trade shops. He added that this issue was supposed to be implemented some time ago, indicating that we are not the only country that has raised the zeros, Turkey deleted six zeroes from the currency and has become one of the lira. M. J http://alrayy.com/Newpaper/Issue/143/3 I got this from another site and I can't get link to work.

25 May 2011 Czech prime minister Petr Nečas brought a large delegation of businessmen, as well as the minister of defense and the minister of trade and industry, with him to Iraq this week, according to Aswat Al-Iraq. Revealing his commitment and belief in the economic benefits of a good relationship with Iraq, the Czech premier announced that his country will cancel 80% of Iraq’s debts to the Czech Republic.Prime minister Nouri Al-Maliki said: ”Iraq wants to open the commercial ties with the Czech republic as well as cooperation in educational fields.” He called on Czech companies to boost their investments in Iraq and take part in the reconstruction process. Nečas said that several bilateral trade, industry and defense agreements had been signed. Al-Maliki added: “We also agreed on further cooperation with the Czech private sector in oil infrastructure projects, petrochemicals as well as aircraft trainings.”

26 May 2011 The Iraqi government is increasing spending by about 25% next year to USD98.45bn, but higher oil prices will still allow it to balance its books for the first time, reports Reuters. Next year’s budget will be based on an oil price of $85, due to consistently high oil prices at $100 or more. Even after spending increases, this will cover this year’s deficit and still bring next year’s budget up into the black This year’s budget is around $80bn based on an average oil price of $76.50 per barrel and 2.2 million barrels per day in exports. “We expect the rise in revenue coming from the difference in the (projected) oil price will be enough to cover the deficit planned in the 2011 budget,” al-Esawi said. ”Any increase in oil prices or a rise in oil production will be allocated to cover the deficit.” Next year’s budget, if approved by cabinet and parliament, will allocate an additional $34bn for investments. At $85/barrel, the new budget will cover this and wipe out the deficit of $13bn this year. Central bank governor Sinan al-Shibibi told Reuters that Iraq GDP excluding the oil sector will grow by 6 percent in 2011, as fast as the current core inflation rate of 6.1%. Add oil in, and GDP growth could be 12%, and that will also be the goal for next year.

I really do not understand your post Hot, Bank of America does not sell dinars so she is not wiring 250k for purchasing dinars? They do not trade in dinars so what exactly is this person doing if they are not buying or trading in dinars? Maybe need more clarification?

Thank you Viper, tell Arinai to be careful. Maybe we should use a code name for him like Bob. Don't want him to get in trouble for giving up this info. Svanish

Sounds like the banking system viper51 was talking about is done or near complete. Go RV Thanks for posting carlablum

Source: Source: Iraq will protect his assets abroad the end of 2010 03/10/2010 20:23 Baghdad 3 October (Rn) - A source at the Iraqi Central Bank, Saturday, for a move to protect Iraqi funds, from abroad, adding that contacts with the United Nations to determine the size of immunity to Iraqi funds, which are expected to be lifted by the end of the year 2010. The appearance of Mohammed Saleh adviser at the CBI, told the Kurdish news agency (Rn) that "the Iraqi funds would be to ensure Baghdad away from the United Nations end of the year, and not for this relationship to remain Iraq under Chapter VII." The Ministerial Committee set up by the Iraqi Council of Ministers indicated that they work for the implementation of Security Council resolution No. 1905 issued on 21 December 2009. The resolution to extend the arrangements for the Development Fund for Iraq for another year waiting for Iraq to assume responsibility for direct supervision of its oil revenues by the end of the period. Saleh said that his country "will not ask the United Nations to keep the work of the international supervision and follow-up file, which manages funds from oil revenues in order to protect". It provides the International Fund, which was established under Security Council resolution 1483 for the year 2003, legal protection against any prosecution or sentence imposed for the benefit of third parties against the funds of the Iraqi government, for example, some creditors or others, as deducted from the Fund of compensation to Kuwait worth 5%. Saleh explained "There is no excuse for the survival of Iraqi funds under international supervision after the stability of the security situation dramatically and the organization of government work in moving the money and the organization of powers government financial institutions." He pointed out the existence of contacts with the UN in this regard, saying "the United Nations and the international community expressed optimism that Iraq's ability to protect his assets, including investment in line with developments in the country."(آكانيوز) ل ي (Rn) for j من جعفر الونان Jaafar.alwanan@aknews.com Of Jafar Allonan Jaafar.alwanan @ aknews.com http://translate.google.com/translate?js=y&prev=_t&hl=en&ie=UTF-8&layout=1&eotf=1&u=http%3A%2F%2Fwww.aknews.com%2Far%2F&sl=ar&tl=en

[color="#FF8C00"]Here is the rest of the link! Good find Greg!!![/color] Abu Dhabi, 03 October 2010: Abu Dhabi's Invest ADInvest AD has launched an Iraq Investment Fund to channel investment into high-growth companies in a country where improving stability and increased oil production should fuel strong economic expansion in coming years. Advertisement Ecomagination from GE - with innovation, there will be more clean water for everyone Invest ADInvest AD is seeding the fund and is marketing it alongside its other equities and private equity funds that invest in the Middle East and Africa. "As Iraq stabilise, it should take its place as one of the major economies in this vibrant region," said Invest ADInvest AD Chief Executive Officer Nazem Fawwaz Al Kudsi. "The country is overcoming difficult circumstances to make real progress towards an open economy, and we see tremendous opportunities in the long term. By entering the market early, we hope to capitalize fully." The new fund, which is open to institutional and high-net-worth investors early in October, will make investments primarily in listed equities, but also in unlisted opportunities. Iraq is widely considered one of the last frontiers in emerging markets, although the stock market is tipped to grow rapidly in coming years was the country recovers from conflict. Invest ADInvest AD, established by the Abu Dhabi government in 1977, is among a handful of companies to offer global investors access to Iraqi equities, and the only one based in the Middle East. Mr Al Kudsi says that Invest ADInvest AD is seeing growing regional and international investor interest in Iraq. "They see the growth potential, whether through fixed or portfolio investments. The Iraqi equity market is still quite small by regional standards, but from small beginnings come big opportunities. We expect our fund to grow in line with this." Iraq's economy will grow by over 7 percent annually in the next couple of years, according to the International Monetary Fund (IMF), with the country's current account and fiscal deficits turning to surplus as oil production increases. Iraq has the world's third-largest proven oil reserves and the country has signed 11 oilfield development deals with major oil firms including Royal Dutch Shell, Italy's Eni, Exxon Mobil, Occidental Petroleum Corp and South Korea's KOGAS. These deals are projected to lift the country's capacity within seven years to just under Saudi Arabian levels of 12 million barrels per day, from 2.5 million now. -Ends- About Invest AD Established in 1977, Invest ADInvest AD is a leading Abu Dhabi government-owned financial services company, focused on tapping the growth markets of the Middle East and Africa. Invest ADInvest AD offers investors access to both private equity and listed equity opportunities in these regions, blending international best practice with intimate knowledge of the markets, networks and dynamics of each country. www.investad.ae For further information please contact: Dominic Whiting, +971 2 6926336, Email: d.whiting@investad.ae Assheton Spiegelberg +971 4 3658260/Joseph Lo +852 9850 5033, Email: investad@brunswickgroup.

Infrastructure and investment for Iraq September 20. 2010 Iraq does not lack attention from investors; they have been attracted to its energy resources, and to a lesser extent, to the potential of its property market, for decades. Last year the UAE made commitments of more than $37 billion to Iraq. As we reported yesterday, an Abu Dhabi-based firm, National Holding, now seeks to complement these investments with plans to develop $45 billion worth of property projects in the country. The hope is that such ambitious plans for development will compel many of the millions of Iraqis who fled the country to return home. The talents that they will bring back to Iraq, coupled with the increased flow of investment, could bolster the confidence of other investors, and not just in the development of the country’s energy sector. Indeed, investment must also find its way to the many parts of the country that are without oil and gas. But in order for these plans to succeed, infrastructure must keep apace with investment. National Holding’s plan to build 300,000 low-to-middle income housing units, and to have them online within two years, is a tall order. These units will require a predictable supply of electricity, which most of Iraq still lacks. A network of roads to transport building materials and connect new developments to more established parts of the country will also be essential. As we report today, the country’s banking system is also in need of urgent improvements. Most of those who wish to purchase properties require loans. Currently, an Iraqi national who wishes to buy one of the low-to-middle income housing units that National Holding plans to build has few ways to finance that purchase. Iraq’s banks do not have enough capital to provide enough financing to those in the property market and regulations that govern these transactions remain underdeveloped. It is true that trade and investment will be the driver of growth in Iraq, not aid. But only the government can muster the will and resolve to support an infrastructure that will allow such investments to bear fruit. It is this infrastructure, buttressed by strong institutions, that will ultimately be the foundation of Iraq’s economic growth and lay the foundation for the country’s stability after decades of conflict. How will they finance these properties. Seems like Iraq also needs to invest in their infrastructure to provide electricity, roads, etc. In addition, banks need to provide financing. Finally an article not in Arabish! http://www.thenational.ae/apps/pbcs.dll/article?AID=/20100921/OPINION/709209916/1006/rss

It wasnt until after Scooter explained a few things about GCC, WTO, and PPP that we all realized no one was copying. So here is what I copied, and I paraphrased the rest. 8:18 PM [bubbie] Scooter what happen's to iraq if they don't rv this year? 8:18 PM [scooter] bubbie Risk loosing Billions in aid and funding 8:30 PM [scooter] the contracts that are out there ---- that get delayed this year --- are huge projects that continue through to 2015 8:31 PM [scooter] those donars have promised to walk if they don't -- plus the UN will set them back 8:31 PM [scooter] significantly 8:31 PM [scooter] bubbie -- remember there's approximately 195 Billion reasons for them to do this this year 8:35 PM [scooter] Governments and Banks always burn the soiled currency in circulation 8:35 PM [scooter] Happens ever day 8:36 PM [scooter] So they will slowly replace the old with the new 8:38 PM [Jerrial] scooter the question on basel banking making the first move instead of iraq on the rv 8:39 PM [scooter] being deployed worldwide over the next 24 months --- 8:38 PM [scooter] Ahhh -- Basel III- I thiink that's right 8:39 PM [scooter] Jerrial I'll need to verify that one in terms of time 8:41 PM [RVorBUSTT] vegasman56 me too 8:41 PM [scooter] Jerrial I can tell you that Iraq is positioned to easilly transition to this methodology 8:48 PM [scooter] In fact --- I'm not entirely sure that's acccurate 8:48 PM [scooter] at all 8:48 PM [scooter] jerrial 8:48 PM [scooter] I'll check into that right now Paraphrase: If Iraq wants to get in with the GCC Countries their currency needs to be in line with the GCC Countries. Right now it is way undervalued. Something about purchasing power parity (PPP) being low compared to other oil producing countries. Maybe check the charts and graphs that Scooter posted on an earlier chat. One theory is to have the dinar come out high and then trend lower towards a middle rate. This theory is based upon getting the currency back into Iraq as everyone will want to trade the currency in if it comes out high and also getting the currency to glide into the GCC target. About 90% of the currency is already in Iraq. 10% is outside of Iraq to a tune of 10% of 7 Trillion? If anyone has anything to add or revise feel free to do so....

Iraq contracted with an international company to buy 66 ships September 17 Palm - The Iraqi Transport Minister Amir Abdul-Jabbar, said his country had contracted with an international company to buy 66 commercial vessel. Abdul Jabbar explained that his ministry had contracted to buy 66 commercial vessel for Iraqi ports contribute to the advancement and making a qualitative leap in the work of the ports and will announce the arrival of Albachrat on Monday, pointing out that it will provide many job opportunities for the unemployed. He added that the contract was with an international company, noting that the deal needs the cooperation of other ministries with the Ministry of Transport to success as The Ministry of Commerce, said that the use of such ships to deliver goods to Iraq, stressing that the Ministry of Commerce import 60 thousand tons of goods and high wages, and if contracted with the National Transportation, they will add large amounts of revenue to the Iraqi ports as well as for the rest of the ministries. The Iraqi ports in the province of Basra (550 km south of Baghdad) has evolved considerably over the past two years, entered as three international companies to operate according to Ndham joint operation between the parties. http://translate.google.com/translate?hl=en&ie=UTF-8&sl=ar&tl=en&u=http://www.nakhelnews.com/pages/news.php%3Fnid%3D2108&prev=_t&rurl=translate.google.com

12:23 AM [keepmwlknfny] Scooter Scooter so you read that one guys post about why its been delayed? i saw you commented on it...i take it you liked what he had to say? 12:23 AM [scooter] I thought it was a great comment 12:24 AM [scooter] I did like it 12:24 AM [keepmwlknfny] Scooter Scooter Scooter does it sound feasible and somewhat logical to you?? 12:24 AM [scooter] Anything is possible 12:24 AM [scooter] but I like the fact that it was well thought out 12:25 AM [scooter] plausible 12:25 AM [keepmwlknfny] reading what he said and then seeing his credentials def made me smile a bit....he was talking as if this was guaranteed and in the bag its just a matter of WHEN..... 12:25 AM [scooter] and it's a different look at the data which I think we all benefit from 12:25 AM [scooter] when we see different ideas 12:25 AM [scooter] his ideas are very very very plausible and real 12:25 AM [scooter] just my two cents 12:26 AM [Scooby Doo] I agreed with everything except the political stuff 12:26 AM [scooter] I'm would like to see more of what he has to say 12:26 AM [Scooby Doo] I just don't see how the RV will influence the election in Nov 12:26 AM [scooter] Scooby Doo you mean the election part 12:26 AM [Scooby Doo] right 12:27 AM [scooter] I'm thinking 12:27 AM [scooter] Im not as quick as you 2:27 AM [scooter] it's is a short period of time 12:27 AM [scooter] that's just it 12:28 AM [scooter] what political advantage is gained by waiting that long 12:28 AM [Nelson0528] I can't see any hope that the World ocurrences will have much iompact on the elections here in the US. People are only concerned with what is going on, and what they see with regard to what O is doing about it. 12:28 AM [scooter] it is interesting however 12:28 AM [scooter] unless 12:28 AM [scooter] there was a certain tax bill 12:28 AM [scooter] not sure 12:28 AM [Nelson0528] uh going on here I mean 12:28 AM [scooter] must think that one through Scooby Doo 12:28 AM [keepmwlknfny] Scooter Scooter Scooter i also read something that gave me more hope even if they did come out with a new currency.....just because when this dinar we have now was introduced, they let the people exchange 1 for 1....and kuwait did the same exact thing and all electronic accounts were automatically updated... 12:29 AM [Scooby Doo] I think the idea is that the windfall from the RV will be used to pay down the debt 12:29 AM [keepmwlknfny] almost like a modified RD 12:29 AM [Scooby Doo] But voters don't vote on that issue 12:29 AM [Nelson0528] And, I do not think that the Iraqi politicians give a rats patoot about what is going on here in the US elections. Our mission with them has not changed one bit from the beginning, except for the unexpected surge required to squelch the insurgency.... 12:29 AM [Scooby Doo] They are more concerned about unemployment 12:30 AM [scooter] Scooby Doo -- I know --- plus Americans here at home and their attention span is focused on Iraq as their primary problem 12:30 AM [frankc] Scooby Doo Don't understand windfall either. They will get so much tax dollars from us anyway. Why be greedy???? 12:30 AM [scooter] Exactly 12:31 AM [scooter] Nelson0528 Good Point 12:31 AM [Nelson0528] I doubt there is much political influence going on other than gettiong them to seat a government right now. 12:31 AM [frankc] Scooter Will the gov't intent to be to tax all our profits away? Why do that? 12:31 AM [scooter] keepmwlknfny I know ---- the kuwait example is gives me alot of reassurances tooo 12:32 AM [Nelson0528] WEll, I don't theink the Iraqi's are going to pull a fast one. THey have to live with the decisions they make and they need the Global Community to support them while they get back on there feet. 12:32 AM [scooter] frankc I don't know -- with this administration and their decisions of late ---- who knows 12:33 AM [frankc] I have not heard one word in the press about this. I don't know whether to be concerned about that or not. I agree the BO admin is after every dollar. 12:33 AM [scooter] I'm not particularly a big fan of taking 12 Trillion out of the private sector and pushing to a government that produces nothing 12:33 AM [Nelson0528] I thinkn they will RV at a reasonable, sustainable rate. Whatever that may be. And yes, it might included a L0P. 12:33 AM [scooter] there's no regeneration of the USD 12:34 AM [Nelson0528] TAxes are taxes, always had em, probably always will. 12:34 AM [scooter] Talking about the O administration and what has occurred 12:34 AM [keepmwlknfny] Scooter Scooter cause thats all im worried about at this point is how they will handle the introduction of the lower denoms....either letting both exist which is the one thing they have consistantly said and raising the value so we can just exchange for US dollars(which is also different from the normal BAD redenomination) or if they will make us exchange and give us a 1 to 1 trade for the new without raising the actual exchange rate..... 12:34 AM [frankc] I don't mind normal taxes. Just don't want to be targeted. 12:35 AM [Nelson0528] Yes, and we need the Bush incentives extended. Or we can all just crookedly move our business off shore and tell em to come get us. 12:37 AM [scooter] keepmwlknfny I'm not worried about the smaller denoms -- bring them on 12:37 AM [scooter] the faster they do that 12:37 AM [scooter] the faster the value goes up 12:37 AM [scooter] not down 12:37 AM [frankc] agreed 12:37 AM [scooter] the notes you have will be honored just like a $1000 bill is today 12:37 AM [scooter] if you had a $1000 USD 12:37 AM [scooter] couldn't you cash it out at BofA 12:37 AM [Nelson0528] I don't think you will have to worry about your notes becoming worthless. The worst case scenario is you get the IQD on the market at the current rate. Probably not going to happen because it's value is artificaially depressed. Or best case, is you get a $3+ RV. REality will be somewhere in the middle, sensibly tending towards the fiscally conservative side. 12:38 AM [scooter] besides -- they already have a plan for the larger notes and it's been occuring over the past 90 days 12:38 AM [keepmwlknfny] Scooter Scooter yea that is true....thats what i mean with the new currency...i doubt they have printed new bills that are the same amounts we have now..... 12:38 AM [Scooby Doo] you mean there won't be a $13 RV? 12:38 AM [scooter] The majority of those notes are in country too ---- they don't care about our 25 k notes 12:38 AM [svanish] I just saw a 1000 bill at the Gold and Silver Pawnstar it was fetching 6700 dollars 12:38 AM [scooter] we are so small of a nut in this 12:39 AM [keepmwlknfny] Scooter Scooter whats the plan for the larger notes thats been going on??? 12:39 AM [scooter] one grain of sand on the beach 12:39 AM [Nelson0528] Wow! 12:39 AM [sheree] Scooter I was thinking about the larger bills being pulled from circulation, and investors sitting on what they had and buying more from the brokers, won't the brokers run out soon? 12:39 AM [scooter] OK --- here's the honest truth 12:39 AM [Nelson0528] There are probably still a few $100,000 notes around somewhere as well. But, I bet none of us will see one..... 12:39 AM [scooter] combine all our notes together 12:39 AM [scooter] and they still wouldn't care 12:40 AM [scooter] that's how small it is 12:40 AM [keepmwlknfny] even at a trillion? 12:40 AM [scooter] Think about it further 12:40 AM [scooter] if Iraq had 20 - 22 Trillion in circ 12:40 AM [Scooby Doo] speculators probably have over 2 trillion dinar 12:40 AM [scooter] most of that is in international reserves 12:41 AM [scooter] Hold on Scooby Doo 12:41 AM [Nelson0528] Scooter - agreed. They knew what they printed and the ramifications, when they printed them. HTey have been working for the last several years, to keep the currency in circulation down and to keep inflation down.... 12:41 AM [frankc] Scooter Someone said we were 1.5T out of 5.5T. Is that true? 12:41 AM [scooter] The reserves will never be moved from that location 12:41 AM [scooter] in fact 12:42 AM [scooter] when you combine the international reserves -- the circ drops down to about 7 Trillion in larger notes 12:42 AM [scooter] now most of those are in country 12:42 AM [scooter] the internatiional reserves have are being replaced with either 12:43 AM [Nelson0528] It really doesn't matter WHO holds the notes. They have a fiscal responsibility to manage them properly. Which is what they are ddoing. THe real value will be at a rate that they can reasonably sustain with exports, assets, and foriegn currencies. That is a relativey fixed number at the moment. 12:43 AM [scooter] the smaller notes by the CBI over the last 90 days 12:43 AM [scooter] nevertheless 12:43 AM [scooter] in fact the CBI sold back to those institutions at the higher rate 12:44 AM [scooter] for the past 90 days 12:44 AM [scooter] so back to 7 Trillion 12:44 AM [scooter] 90% are in country 12:44 AM [scooter] maybe 85% 12:44 AM [keepmwlknfny] Scooter Scooter Scooter so then would it be safe to say that all that money thats supposed in circulation is part electronic? not to mention, the amount of the new bills printed not yet released, and bills that have been destroyed because of age and wearing out that have not been subtracted?? 12:44 AM [Nelson0528] Even if it were 50% they know what they have out there... 12:44 AM [scooter] Remember -- the IMF and CBI -- they could easilly scrub the larger notes left 12:44 AM [scooter] no problems asked 12:45 AM [scooter] what they want to do is have about 1.7 - 2.3 Trillion in circ 12:45 AM [scooter] They'll soil or burn the notes when they come back in 12:45 AM [scooter] they might even replace that with SDR's 12:45 AM [frankc] sounds like a small number 12:45 AM [Nelson0528] Now that's a likelihood...SDRs 12:45 AM [scooter] at the IMF -- act as a credit account or reserve, or holding 12:45 AM [keepmwlknfny] Scooter Scooter yes i remember you telling me about the whole scrubbing thing without anyone even knowing whats going on....thats why ive always thought the amount they keep screaming about being in circulation is complete BS 12:46 AM [Nelson0528] WEll, they will have to put up funds in SDRs to be an active member of the IMF 12:46 AM [scooter] yea --- they did this during kuwaits first RV 12:46 AM [svanish] In the past, you calculated the rate that Iraq could actually sustain. Do you remember which number you stated? 12:46 AM [scooter] very quietly 12:46 AM [dflake] keepmwlknfny bingo, digital dollars, dinar 12:46 AM [scooter] I did 12:47 AM [svanish] I kind of remember you doing that 12:47 AM [scooter] are you talking about the sustainabllity about the budget 12:47 AM [scooter] I remember that 12:47 AM [Scooby Doo] thanks scooter ... this is making more sense now 12:47 AM [svanish] I dont remember I just remember something along those lines 12:47 AM [scooter] the bottom number being 1.13 - 1.17 12:47 AM [scooter] 12:47 AM [Scooby Doo] I was really hung up on the amount of dinars in circulation 12:47 AM [svanish] Nope the higher number 12:48 AM [scooter] Scooby Doo I know -- this one perplexed me for some time 12:48 AM [frankc] why not the Bahrain number? 12:48 AM [scooter] that's a budget number 12:48 AM [keepmwlknfny] Scooter Scooter so your saying that kuwait did the same thing before they RV'd? they got rid of bills without anyone knowing they were destroying them?? where did you hear or read about this??? 12:48 AM [scooter] Nelson0528 Nelson0528 no 12:49 AM [scooter] The technicals show the country could easilly support a high RV 12:49 AM [scooter] but 12:49 AM [svanish] I could have sworn it was a double digit number 12:49 AM [scooter] the medium level makes much more sense 12:49 AM [scooter] Glide to the high program rate 12:49 AM [Scooby Doo] medium meaning 2.20? 12:49 AM [scooter] Easy entrance into WTO and GCC 12:50 AM [WickedWays] Iraq is looking to increase oil production from 2.4 million barrels a day to 12 million barrels a day This is what the Mega Iraq Project is, plus at the moment they are flarin millions of cubic feet of natural gas a day 12:50 AM [Nelson0528] Yep, but, much of the resources they need to support a strong RV ar still in the ground and the infrastructure to compensate for it is still a couple years out.... 12:51 AM [keepmwlknfny] Scooter Scooter Scooter where did you hear about kuwait destroying bills before they RV'd??? 12:51 AM [scooter] Nelson0528 Nelson0528 EXACTLY -- well said 12:52 AM [Nelson0528] TY... that is why I think a more moderate revaluation and then it will climb as their resources grow. 12:53 AM [keepmwlknfny] Scooter Scooter is there any evidence of this happening? or of kuwait doing that? 12:54 AM [THJ] svanish .1 was the devakued rate before it RV'ed. It came out very high then settled to where it is today. 12:55 AM [svanish] Phoenix seems to think it never really fluctuated to 7-9 as some say 12:55 AM [scooter] It was there for three hours 12:55 AM [frankc] svanish how did it go from 5cents to 3.47? 12:55 AM [svanish] Wow 12:55 AM [scooter] THEN 12:56 AM [scooter] Normalcy came in 12:57 AM [scooter] I think she was saying they will put a managed float together with a 5 - 7 % plus or minus cap on the fluctuation 12:57 AM [Scooby Doo] good luck svanish 12:57 AM [svanish] Oh you mean big guys get to trade in at that rate 12:57 AM [Nelson0528] REminded me of what my roommate used to tell me.... 12:58 AM [THJ] Scooter Cap will be more in the 2.5% range. 12:58 AM [Scooby Doo] so Scooter are you saying the money supply isn't a problem? 12:58 AM [frankc] Gosh i hope I dont' have to worry about trading in the first 3 hrs 12:58 AM [scooter] svanish -- that won't happen here ---- unfortunately 12:58 AM [svanish] Scooby Doo we will take shifts. You are on here all the time also. Call me when it RVs 12:58 AM [scooter] NO 12:58 AM [scooter] YOU WON'T 12:58 AM [scooter] Remember there's a significant difference in the demographic of the two countries 12:58 AM [scooter] One being population 12:58 AM [scooter] Iraq has 31 million 12:58 AM [scooter] Kuwait has 3.5 12:59 AM [scooter] Their rate will move much more drastically, particularly at that time 12:59 AM [scooter] IN forex 12:59 AM [keepmwlknfny] Scooter Scooter Scooter you read that one post from the tax professional that is claiming this exchange will be a simple added income? that would be GREAT!!! cant complain with 15%........ 12:59 AM [scooter] Today's environment -- won't happen 12:59 AM [svanish] So I dont have to watch it for the first three hours gottcha 1:00 AM [scooter] The imf knows they need stability in their currency to deal with the shock waves in oil prices 1:00 AM [Nelson0528] Don't think it will fall under capital gains? 1:00 AM [Nelson0528] Don't think it will fall under capital gains? 1:00 AM [frankc] why not? 1:00 AM [scooter] keepmwlknfny keepmwlknfny YEP 1:00 AM [scooter] Long term capitol gains is 15% 1:01 AM [scooter] svanish svanish svanish NO WAQY 1:01 AM [scooter] I'm certainly not 1:01 AM [keepmwlknfny] Nelson0528 Nelson0528 dunno....there are many conflicting views cause there is nothing specific to currency exchange for profit 1:01 AM [scooter] I'm going shopping for banks 1:01 AM [Nelson0528] Isn't there a limit for the 15% bracket. I think that changes to a graduated scale when you hit $250,000. 1:01 AM [scooter] And going to let them bury themselves in the negotiation 1:02 AM [keepmwlknfny] Nelson0528 Nelson0528 i dunno 1:02 AM [scooter] NOOOOO 1:02 AM [scooter] WELL 1:02 AM [scooter] OK 1:02 AM [scooter] What the heck 1:03 AM [frankc] is there a 250k limit? 1:04 AM [Nelson0528] frankc - it has been I while since I looked at the capital gains taxes in the codes. I perused it a year or so ago. But, I seem to recall, once you hit a certain amount, the tax brackets started graduating up from 15%. Scooter, you know about this? 1:04 AM [Catl6147] I dont want to know anything but if they seated the gov yet 1:04 AM [keepmwlknfny] Catl6147 Catl6147 not yet 1:04 AM [dflake] Catl6147 no 1:04 AM [scooter] Nelson0528 Nelson0528 a little but 1:04 AM [scooter] I need to review one more time 1:05 AM [keepmwlknfny] Catl6147 seems they have agreed on a couple positions but its not official until they have another parliment meeting 1:05 AM [scooter] Because it has to deal with intent on some of the items 1:06 AM [Nelson0528] Yeah, me too. For some reason that keeps nagging in the back of my head that there are limits to the CAp GAins tax brackets. But, I also seem to recall, that maybe the max for long term was 25% and 38% on short term. But, it has been a while.... very foggy now... 1:06 AM [scooter] Nelson0528 yea -- short term is definately at that rate 1:06 AM [scooter] But i was speaking to some experts today about this subject 1:07 AM [keepmwlknfny] Scooter Scooter and what they say 1:07 AM [scooter] The skype lines were rampant 1:07 AM [svanish] I didnt think there was a cap on long term. You want long term if its considered capital gain otherwise its ordinary income. However if you read that attorneys position it is not capital gains it is income. So that sucks 1:07 AM [scooter] svanish that was the exact argument today 1:07 AM [scooter] They slammed that guy 1:07 AM [scooter] With some facts from other codes 1:07 AM [frankc] that sucks 1:07 AM [scooter] It was funnhy 1:07 AM [Nelson0528] Wow! 1:07 AM [svanish] Oh they did I didnt read the comments 1:07 AM [scooter] NO 1:07 AM [scooter] That's good 1:08 AM [scooter] We don't want this treated as normal income 1:08 AM [scooter] NO WAY 1:08 AM [keepmwlknfny] Scooter Scooter meaning it wont be just simple income?? 1:08 AM [keepmwlknfny] why not? isent that cheaper? 1:08 AM [scooter] svanish svanish i'll see if i can get you a copy 1:08 AM [Nelson0528] Yep, that's right. But, I thought currencies were covered like securities for short term gains at 40% o9r your T 1:08 AM [scooter] It was a very humerous debate with these tax attorneys 1:08 AM [svanish] no income is not cheaper 1:08 AM [svanish] capital gains is if long term 1:09 AM [Scooby Doo] income is graduated 1:09 AM [scooter] That's what i meant 1:09 AM [scooter] SORRY 1:09 AM [scooter] Cap is cheaper 1:09 AM [scooter] DEFINATELY 1:09 AM [THJ] Scooter Currrency exchange for individuals doesn't fall under any of the tax codes. 1:09 AM [Nelson0528] I think the CAPs are graduated as well, it depends on how much you are claiming.... 1:09 AM [scooter] Depends on intent 1:09 AM [keepmwlknfny] Scooter Scooter Scooter is that 60/40 split sound right that chris. s was saying his dad told him? 1:10 AM [scooter] MAN 1:10 AM [Nelson0528] scooter, right, it depends on your filing status. Individuals are treated differently than brokers and deaelers...

Thanks again Phoenix for answering my question. I tried searching the forums, but it was limited to only the previous 200 posts. In addition, there was no information on the fluctuation. We were all hearing that it went from $2.47-$6-$9 then back down to $3.47. Glad to know that there was no fluctuation on the price, because I was having difficulties in deciding what to do with exchanging the dinars. Thank you again for answering my post. I deeply and truly appreciate all that you do for the forums!!!!

The advantages and disadvantages of high purchasing power September 16 2010 D. Bakr Ibrahim Mahmoud That the increase in the purchasing power of citizens of a country is a healthy phenomenon and significance of positive growth and prosperity and improve the economy of that country. But here may be raised several questions: - - Is the rise paced and clear? - Is the rise is leading to improved living standards? - Are there plans to take precautions and plan to keep pace with this increase? - Is there legislation that takes the legislature to regulate this rise? - Is that such a rise is heading towards the promotion of national industry, or some imported goods and thus freezing the national industry? - Is the rise leading to moving the national economy or not? - Is the rise leading to the operation of the labor force and thereby reduce the phenomenon of unemployment? Moreover, there are a lot of other questions that can be raised to such a situation. If we follow the Iraqi economy and the purchasing power of the Iraqi family we note that in recent years, and after 2003 has increased the purchasing power of the Iraqi family. The reason for this rise is due to several factors, including: - - Increasing the salaries of employees and retirees. - Advances and loans granted to employees and retirees. - Iraq's openness to the world's countries and the flow of goods into Iraq, all easily. - Entry of modern communications networks in Iraq, mobiles and the Internet and other networks. - Iraqi family's thirst for shopping after the denial in the previous period and the accompanying wars and economic blockade. - Competition between importing firms making competitive prices for retail as well as convenient. Here may come the following question: - Is that the increase in purchasing power of the Iraqi family has achieved a positive or negative features of the Iraqi economy? And to answer the previous question can not be judged from the fact that the absolute height of purchasing power has made the advantages or disadvantages. That the natural thing to the high purchasing power is to achieve positive benefits and this actually scored, the Iraqi family and the enjoyment of entertainment devices and items of the dream as well as the emergence of commercial companies, and many imported goods flooding the market and different commercial brands. But on the other hand, has led the rise to the many negative aspects because of not taking the logical considerations that the question was about in the beginning. Where the rise is sudden and unplanned, has led to several things, including: - - Rising purchasing power of the Iraqi family is limited to essential goods and luxury goods and did not have to build housing units, for example. With the expansion of the family led to break apart into several families, inside the old housing has generated considerable pressure on infrastructure, water, electricity, sewers, and others. - The purchasing power of the Iraqi family headed towards imported goods, leading to the freezing of the national industry and most of the freezing of Agriculture and rivers, we are a country that became dependence on imported vegetables and fruits. - Reliance on imported goods led to the emergence of commercial companies at the expense of many industrial companies as the business does not absorb only a small number of employment contrary to what is the case in industrial companies that can accommodate the large number of employment. - Flooding the market with inferior goods and origins are not known because the consumer has become cheaper looking than what is in accordance with the economic base that cheap goods expel quality goods. - Create an upheaval among State organs involved in the provision of services and become an excuse by officials argue about the deterioration of services provided to citizens. Proceeding from the above and if we are to revive our national economy and raise the purchasing power of families to Iraq should be in accordance with a deliberate plan takes into consideration all the negatives associated with this process and try to overcome as well as development of infrastructure to accommodate this increase, as well as the need to encourage investment and reconstruction and building of housing units as well as promotion of national industry and supported to become a strong competitor to imported goods as well as the legalization of import of luxury goods in accordance with customs laws and regulations. As well as work to increase citizen's awareness and education about the importance of national industry. If scored, it will be a high purchasing power of the Iraqi family and good health of the Iraqi economy as well as be a magnet for foreign investment. http://translate.google.com/translate?hl=en&ie=UTF-8&sl=ar&tl=en&u=http://www.alsabaah.com/paper.php%3Fsource%3Dakbar%26mlf%3Dinterpage%26sid%3D108559&prev=_t&rurl=translate.google.com

I want to know if this RV is like Kuwaits...Did Kuwaits come out low for 6 hours then go higher and hold firm for 90 days. Just want to make sure I dont go trading my dinars back at a low rate or too quickly. I will probably "trade in" in chunks. Can anybody answer that?

Im trying to decipher all the different posts from Ali, Frankk, Medic, Scooter etc. Frankk says get in and get out but he also saysa really high rate held for 30 days. Medic says get in and get out Scooter thinks it may go up and peak within 18-24 months. What happened during the Kuwaiti dinar did it go up and then go right back down or did it hold steady at a high rate? Anybody know. Want to plan for the cash in... Any thoughts would be appreciated.

Iraq Granted PERMISSION to Form Government September 15, 2010 - IPA Iraq News LINK BAGHDAD (Iba) – with the multiplicity of negotiations between the parliamentary blocs, and lack of a clear-cut solutions on forming a new government so far, despite the move more than six months after elections, sources linked to close to the deliberations political blocs, the existence of a new scenario to get out of crisis with the support of internal and external scale. The source said on condition of anonymity, told the independent press (Iba) that this scenario is acceptable to a regional, Arab and international, with the consent of the Iraqi National List is based on the support, the candidate of the Iraqi National Adel Abdul-Mahdi as the candidate of the National Coalition away from the National Alliance to recognize the right of the Iraqi constitutional and electoral without forgetting the importance and size of the cluster rule of law. The source said the scenario in the new Iraq for the post of President of the Republic to be against the post of prime minister of the Iraqi National Coalition and the chairmanship of the parliament of the Kurdistan Alliance,. He also included a proposed project that there will be one Vice-President is a coalition of state law, that there would be three deputy prime ministers of Iraq and the rule of law, the Kurdistan Alliance. As for the ministries of sovereignty, the official pointed to the source that the interior and defense ministers will be among the independents to run for the National Coalition I, nominates the Iraqi II, will be foreign according to this scenario, the share of Iraq while remaining the National Coalition Ministry of Finance and the Ministry of the oil share of the Kurds. According to this proposal will also 9 Iraqi ministries as compensation for waiving the post of prime minister as a mature platform, and commensurate with its size in parliament. The rest of the ministries, there will be 7 and the ministries of law of the state, and 4 of the National Coalition, and 4 of the Kurdish Alliance, and 2 of the Accordance Front, 1 for the unity of Iraq, the Ministry and one for each of the Communist Party, Christians, Yazidis, and 2 and the Ministry of independents. The source pointed out that due to present this scenario in the new round of negotiations between the Iraqi and the Iraqi National Coalition to be put to other blocs later. The Iraqi has announced the resumption of negotiations between them and the National Coalition Nmsheerp that the coalition has not yet provided any written project on the management of the state. (End) / g / .. NEW TITLE: Acceptance of regional and international scenario for the formation of a new Iraqi government granted the presidency and the presidency of the national government and parliament of the Kurds

don't promote other sites: Find YOUR “Highest Ground”… September 15, 2010 · Posted in CHATS / POSTS, TIDBIT All, Remember my analogy about the TIDAL WAVE? I believe it’s time you find YOUR “highest ground”. It’s definitely coming!!! I’ve received tremendous intel today that gives me an amazing feeling that we are right on top of this thing. There are TOO many quality people in important positions stating the EXACT SAME THINGS. As you know, I will NOT go into details, and I will NOT share who I know what from, but I am very confident in this, and there were some things (someone) that held this up. It appears that stuff is over and we’re on the cusp. This should have gone down BEFORE the Obama speech. Where is YOUR “highest ground”? For me… that’s on my knees praying to my Heavenly Father… Go Dinar! DD

[ I am going on the record as saying...my birthday is Sept. 15th and my good friend's birthday is on Sept. 30th. We will celebrate our birthdays this year 1 day after his...October 1st...after the market closes. So I will have my bags packed and ready to celebrate on the road this year. Our plane is about to land!!! Stay Strong! ps. Scooter...You have done an amazing job and I would like to thank you for all the time you put into your work! You seem to be right on with your timeline! Read more: Bigfoot68 happy birthday for tomorrow. I hope it RVs on your birthday at 3 pm.