Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content

4aprofit

Members
  • Posts

    1,064
  • Joined

  • Last visited

4aprofit's Achievements

Newbie

Newbie (1/14)

445

Reputation

  1. I have always thought that there was something strange happening with the 50's notes...and that they are saying that they are going to make the 50's worthless as of the end of this april...on some of the blogs some are trading the 50's notes back in to companies for replacement value in leiu of larger notes...as well as to other currency dealers....... ***Just a few questions regardingf all of this*** *Are the 50's only required to be turned in iraq only? *Are the 50's notes going to be the same notes that will be usueable in the future...and/or outside the country of iraq will they still useable/redeemable? *If the new ultra-small denominations, which will be required, which would be necessary for a new higher rate of the dinar...in denominastions of a 1, 5, 10, 20 or 25, 50 & 100.....why would they remove only the 50's and not the others as well? *Are they trying once again to smokescreen us...at least as per their true intentions...as would'nt the smaller notes be the ones that would predominently be used for going around certain duties, tariffs, taxes, cross-border-trades, money laundering, etc., etc.....(especially if the value went up...as with these you would'nt have to worry with the massive amounts of change having to be made, and as per avoiding any red flags as per transactions) *How can one know "for a fact" what to do with the 50's notes if one holds them....especially out of the country?..as can we trust all that they say?...have we ever been able to?....as for myself and IMO...i believe that the 50's may still be good later...and if not...being that only 1%, were all of these that were issued, as per some reports?...these small notes may end up being worth a good bit as per collectibles in the future, especially if everyone dumps them?...Who knows?...but i guess we will see just like the rest of this?....You be the judge...for what it's worth? On other notes...here is a post that was put out by: mailman17 I have stayed silent for quite awhile now waiting for the cbi to show me the proof i need to either accept or deny the supposed cxxp articles concerning the removal of the 50 dinar note and also the newer notes of 50 and a hundred thousand. Look at the facts folks. We have seen articles saying the 50 note will be retired and a new 50 will replace it and the people of iraq have till the 30th of april. We already know they have near zero dinar inside iraq, whether in the peoples hands or banks for that matter let alone the kurds being paid in usd. Has anyone seen a picture of a new 50 dinar note? No you have not because its release will coincide with all the other smalls intended. They have put out a bxxxcxxp article to scare the people to turn in their lower denoms... Including the fifty and most likely the 250 and 500. The security features on these 3 notes are the same...period. The 50 has nothing less than the 250 or the 500. As per shabs these notes along with the larger will coincide with the new notes for a brief period, most likely 2 years. There is no new 50 dinar note in circulation...check the cbi. If it was being used to replace the old it would be listed as a usable currency...it is not. In the end we knew the bs would be heavy. Be careful what you read and do your own thinking. Iraq was meant to succeed and the world will ride its coat-tail. That has and always was the plan from day one. Note count? I can see it...but only note count inside iraq...not outside. We have and always were accounted for. Please beware of bogus articles, especially those put out by someone who absolutely has no say so...MPS etc. Is shabs in or out? Who cares. If he was in he would have been reinstated. He may be a consultant. Anything this big would be in the news...not rumors. And there will be no float from 1166 and increase the value as notes are taken away. That is the stupidest theory i have ever heard. Talk about creating speculation, which iraq does not want. They will come out on par as planned, stay stable and let the people get adjusted and then go to a managed float...as planned...JMO. Read more: http://dinarvets.com/forums/index.php?/topic/200845-ill-buy-50-dinar-uncirculated-notes/#ixzz3xaji7kzd
  2. I say the author needs to trash the book and start calling all the monetary authorities......the answers from them might make a more exciting book?...lol...
  3. All I can say is, no matter how the dinar turns out, is whoever this is writing this book, should first start investigating how the currency ever got to the U.S. to be sold, even though it was'nt, and stil is'nt an Internationally Recognized & Traded Currency?....This might have saved the writer much anguish to start with, but oh, there's profit in negattivity too is'nt there?...The U.S. Government, The U.S. Treasury, The Federal Reserve, The Central Bank of Iraq, The Government of Iraq, The World Bank, The IMF, etc., etc., etc...All know full well what is going on with the dinar, so if it is such a scam then where are they on stopping the sale of it?....Have'nt they had 12 years to stop it?...Especially if it is such a scam?...I think folks make money going both ways..and if it does'nt happen, IMO, I would say many will be looking at the authorities that allowed it to be sold....And if it does happen, these naysayers should be held accountable just as well! The book is useless IMO.....just like when a hitman kills....who is the biggest villain..... the killer...or who it was that hired him...as per getting to the bottom of things?
  4. Did'nt we hear a while back that Maliki was'nt even in Iraq, but had been seen getting off of a plane in Manchester, somewhere near London..(see this from the above article as well).... The political source said that the office manager Tarek Najm al-Maliki, is currently in London.
  5. On some of the other blogs we have seen mention of...as well as pics...whereby some depicted that all of the pics looked photo shopped...on the dead or alive abductees during this chaos in Iraq going on right now...you never see a face!...how odd?
  6. I really liked the video that came out a while back...where they interviewed one of the specialists with Auerbach Grayson...and investment firm..as per why they went into Iraq to seek opportunities and investments...from what is best remembered...he stated that they really started getting interested and looking at Iraq even moreso...due to all the negative press!... And was'nt it Templeton Funds...from what I best remember a few years ago...whereby they depicted having 5.4% of their entire portfolio invested in Iraq!... So...even if the dinar does'nt go up...or lets say it doesnt go up for a while longer...with some of the largest investors are moving into Iraq...wouldnt that seem to be making a statement that we may be as well off..if not better off...holding their funny money...instead of what we are already holding...the US Dollar...while taxes rise...and through inflation..we are losing up to 50% more now on certain items...from just a year ago even? My dinars dont eat anything...and they have had 10 years to tank...and they havent...so is this just more media blitzing with rhetoric and posturing as we near something good perhaps?... Anyway..what do we have to lose holding some dinar...and if this expert is so good...why isnt he warning us of whats inevitably going to happen to the doillar?...Thats what he needs to be getting his toilet paper ready for IMO...lol...
  7. Why cry over a currency like the dinar...which by the way..is being backed by gold...and from a country with low inflation and a great GDP..while the U.S. is headed the other way...if naysayers want to cry over something then cry over the video below...then check back with your regrets on the dinar...but oh..let's first wait until the dinar flops or pops first...as it aint over till it's over!...lol.. Dr. Paul Craig Roberts: Gold and The Dollar Are In A Fight to the Death! http://www.youtube.com/watch?v=161Rnuf62Nc
  8. This show that Phoenix put out on Mon., April 21, 2014, depicts information regarding the new company called: Xchange of America...who is supoposedly handling everything for Dinar Trade now...(as of yesterday).....and how he states that this company has some type of ties to the CBI - Central Bank of Iraq......(This is very interesting information)..... The part regarding all of this is from appx. 43 minutes to 55 minutes...and then there are other good Q&A's after this.... Phoenix Rising Radio http://www.blogtalkradio.com/phoenix...x-rising-radio
  9. This issue seeems really insignifigant in comparison to what most countries have to deal with as per counterfietting....as we know all countries have this delimna...some more than others...a while back Iraq put out a statement that counterfeitting was really very insignifigant...they stated in their news that there were only an estimated appx. 25,000 counterfeit dinar bills per billion dinars...and where the proper detection equipment was available and in place...like in banks..the risk was rarely an issue.......(we have heard that the outback areas or borders, etc....is where this counterfeitting trade usually takes place...and from further reports...the bulk of it..if not all of it...was "circulated" notes that were being used...not the new "uncirculated" notes...as these worn bills pass easier when bundled with a lot of other bills when making payment transactions...and it is harder to see the fine security details on a worn note versus a crisp clean new bill)...One currency trader said that the quality on the counterfeit bills that they have actually seen...were of such bad quality that you could spot it from standing many feet away... IMO..I think that they keep throwing this counterfeit issue out there as per making the news....to keep speculation at bay so to speak...as IMO...the counterfiet issue as per this secure of a currency...and with this little of value...is not a currency problem...but now if the value ever rises signifigantly...I believe it will become a serious problem...not to mention when it becomes internationally recognized and traded.... I also believe that they are taking steps for when and if the value of the dinar rises substantially...by protecing their borders as we have seen...by all banks becoming more compliant on the international scene as we have seen also here recently....and hypothetically...they could be using these media blitzes to keep awareness levels up and people prepared to be able to handle these issues once a real rate is given to the dinar...so as to combat these issues more readily and easily...due to public awareness locally and abroad...as this would be an excellent strategy if you knew your currency would soon rise...but we will see...
  10. This issue seeems really insignifigant in comparison to what most countries have to deal with as per counterfietting....as we know all countries have this delimna...some more than others...a while back Iraq put out a statement that counterfeitting was really very insignifigant...they stated in their news that there were only an estimated appx. 25,000 counterfeit dinar bills per billion dinars...and where the proper detection equipment was available and in place...like in banks..the risk was rarely an issue.......(we have heard that the outback areas or borders, etc....is where this counterfeitting trade usually takes place...and from further reports...the bulk of it..if not all of it...was "circulated" notes that were being used...not the new "uncirculated" notes...as these worn bills pass easier when bundled with a lot of other bills when making payment transactions...and it is harder to see the fine security details on a worn note versus a crisp clean new bill)...One currency trader said that the quality on the counterfeit bills that they have actually seen...were of such bad quality that you could spot it from standing many feet away... IMO..I think that they keep throwing this counterfeit issue out there as per making the news....to keep speculation at bay so to speak...as IMO...the counterfiet issue as per this secure of a currency...and with this little of value...is not a currency problem...but now if the value ever rises signifigantly...I believe it will become a serious problem...not to mention when it becomes internationally recognized and traded.... I also believe that they are taking steps for when and if the value of the dinar rises substantially...by protecing their borders as we have seen...by all banks becoming more compliant on the international scene as we have seen also here recently....and hypothetically...they could be using these media blitzes to keep awareness levels up and people prepared to be able to handle these issues once a real rate is given to the dinar...so as to combat these issues more readily and easily...due to public awareness locally and abroad...as this would be an excellent strategy if you knew your currency would soon rise...but we will see...
  11. Notes: From the last part of this article below...as per Christine LaGarde's words I assume?....see these important parts which are highlighted in ((( ))) parenthesis.......with notes.... (((There are essentially 2 kinds of money in the world; money like the US dollar which is based on the strength of the economy while the Iraqi Dinar is based on their most valuable commodity, oil as well as gold and agriculture.))) *Does this not indicate that Iraq's money will soon become a key player on the world stage....and as per it's monetary strength...due to it's hard assets backing?....She say's the dinar basically will be backed by Oil, Gold, Agriculture....(This does not even get into all the other resources and minerals that Iraq possesses)....And if the U.S. Economy is represents the strength of the U.S. Dollar...then is this the reason many of the countries around the world are dumping the U.S. Dollar as well as the Petro Dollar?...Is this due to our weak economy?....So is Iraq's economy weak or strong?...Are the largest and shrewdest banks in the world investing in Iraq due to a weak or strong economy that Iraq possesses?....This would indicate that Iraq's economy and hard assets backing would be a double whammy against or upside most economies of the world in comparison...would it not? (((Right now, the US dollar is Iraq’s international currency but the IMF is trying to get the country’s money valuable enough for the Dinar to be their international currency.))) *This seemingly illustrates...that by the U.S. Dollar being Iraq's International Currency...as she quotes....doesnt this depict that the U.S. and/or the IMF would seemingly be in control of this entire sceanrio or plan for Iraq?.....And if the IMF is actually trying to make the dinar valuable enough to replace the U.S. Dollar as Iraq's international currency...would this not depict that there must be a rise in Iraq's currency for this to be accomplished?...IMO..why was the U.S. Dollar ever made to be their currency in the first place...along with what is said to now be 6 trillion spent on the costs of war..as well as some of the largest international banks and companies investing in Iraq above and beyond most other places of te world. In other words...if the dinar cannot come up to a real decent value like it has been in the several dollar range per dinar for the most part of the last century...then with all of this happening in Iraq with a decades long dictatorship gone...why not?... (((With so many of the world’s financial leaders so heavily invested in the Middle-Eastern nation, it’s easy to see why Iraq’s financial future is so important to the financial well being of the entire globe.))) *Does this not depict that the biggest of the biggest are already major players in Iraq?.....And as she say's...Iraq's financial future is so important to the financial well being of the entire globe?....Why would this be?.....How could Iraq affect the entire financial well being of the entire globe?.....So..if this is true..and the U.S. and the U.S. Petro Dollar...which is all about oil...has dominated the world scene now for appx. 50+ years...and we spent a fortune in this country liberating it...investing in it...putting our currency in it to use while placing a secure dinar currency in place...(while we are broke)...would this not depict that the U.S. stands to recoup all monies lost in this venture as well as accomodate off of this booming and thriving powerhouse as it comes online with the world...and moreso than any other country could..as we initiated the PLAN ourselves!..... P.S......A hypothetical and another IMO.....This is too big for most to see...but the PLAN will work..and when the smoke clears and all the dust settles...Iraq will be the "Mecca Of The World that All Will Marvel Over"...as we have heard before.....but either way...if we just follow the money....it stands to reason that we will all be ok...but if we go down and lose by investing with Iraq...we will have went down with the biggest of the biggest...and then it would'nt have mattered anyway...as everyone will be in the same boat financially if that were to happen...IMO...you be the judge...for what it's worth.... ARTICLE........................................... .................................................. ................ The IMF and Iraq 03/28/2014 Christine Lagarde Since the capture of the ruthless dictator Saddam Hussein nearly a decade ago, the future of the Middle-Eastern nation of Iraq has been very unsure. Fighting between rival factions have the turbulent country on the verge of civil war and it seems as though democracy will have a very difficult time taking a foothold. Financial instability is also a problem for Iraq even though it is responsible for so much of the world’s annual crude oil yield. Prior to the 2003 invasion of Iraq, the country was approximately $120 Billion in debt and its centrally planned economy didn’t allow foreign ownership of Iraqi businesses. Oil makes up nearly 95% of Iraq’s foreign exchange earnings but underdevelopment in other sectors has lead to an unemployment rate of 30%. This is because oil export actually generates very few jobs, resulting in a dismal gross domestic product (GDP) of only about $4,000. Since the invasion the coalition for provisional authority has issued several binding orders to open Iraq’s economy to foreign investors. The coalition of provisional authority is a transitional government founded by the Untied States, the UK and their allies and was formed to remove the former government of Saddam Hussein. Now that Iraq is on its way to becoming a democratic nation, representatives from the International Monetary Fund (IMF) have recommended the acceleration of the pace of structural reform to increase job growth. The IMF which is also known as “the fund”, was conceived in 1944 at a United Nation’s conference in Bretton Woods, New Hampshire. 44 governments which were represented at the conference wanted to build an economic framework of cooperation to avoid a repeat of competitive devaluations which were largely responsible for the great depression of the 1930s. The IMFs main purpose is to maintain the International Monetary System which is the system of exchange rates and international payments that allows transactions between countries and the citizens of those countries. The IMF is necessary for sustaining economic growth and reducing poverty. The IMF’s mandate has been updated recently to cover a wider range of financial sector issues that influence global stability. Since 2003, working closely with the IMF has helped Iraq achieve some level of macroeconomic stability. This has proved to be a challenging task because of an unstable political climate and constant fighting among rival factions. The IMF seeks to strengthen Iraq’s structurally weak economy and lower its very high poverty and unemployment rates. The IMF held discussions from March 2-12 to brainstorm ideas on how to better achieve these goals. The 2013 Article IV discussions were held in Amman, Jordan and many of Iraq’s top political figures attended such as Al-Turki Said; the head governor of the Central bank of Iraq and Al-Shakuri; acting finance minister of Iraq. The Point of the Article IV Discussions The point of the meetings in March was to discuss ways to improve security conditions, empower economic institutions and implement viable policies. It was agreed that fiscal policies would be more effective if they were focused on the financing of social and investment spending as well as creating fiscal buffers to protect the struggling economy against oil market shocks. There were five main policies recommended by the IMF at the discussions. (1) Creating fiscal buffers to protect Iraq’s new economy from oil revenue volatility; (2) making the foreign exchange market more liberal; (3) continue to closely manage reserves held by the Development Fund for Iraq (DFI) and the Central Bank of Iraq; (4) increasing reform in the financial sector, creating even competition for private banks; (5) speeding up structural reform which to create jobs and increase private sector growth. Carlo Sdralevich, who led the IMF’s article IV discussions said the IMF will continue to work closely with Iraq to develop its government, improve social conditions and create employment opportunities for Iraqi citizens. Mr. Sdralevich was encouraged by the fact that Iraq was able to maintain macroeconomic stability despite a turbulent political climate. Mr. Sdralevich went on to say that Iraq’s economic growth remained sturdy at about 8% due to rising oil production and other non-oil activity. He says he expects economic growth to increase to 9% in 2013 as oil production increases from just less than 3 million barrels a day (MBPD) to 3.3 MBPD. He went on to say inflation was held to 6%. Oil proceeds lead to CBI reserves reaching $70 Billion US and the (DFI) rose to $18 Billion US. The IMF was encouraged by the budget surplus of 4% which was due to high oil revenues and improving financial sector policies but they realize monetary policy instruments need to be refined. Also an accelerated restructuring of the banking system is crucial. Therefor, it’s paramount to clean up Rasheed and Rafidain balance sheets for their restructuring and recapitalization. Iraq still has to meet difficult medium-term challenges to create sustainable growth to improve the living standards of its citizens. The country also needs to improve public financial management to ensure that the huge oil revenues are used transparently and effectively. If all of these goals are responsibly managed, then the Iraqi Dinar, their national currency, should grow strong enough for the country to achieve economic independence. There are essentially 2 kinds of money in the world; money like the US dollar which is based on the strength of the economy while the Iraqi Dinar is based on their most valuable commodity, oil as well as gold and agriculture. Right now, the US dollar is Iraq’s international currency but the IMF is trying to get the country’s money valuable enough for the Dinar to be their international currency. With so many of the world’s financial leaders so heavily invested in the Middle-Eastern nation, it’s easy to see why Iraq’s financial future is so important to the financial well being of the entire globe. Once Democracy has taken root in Iraq and their new economy rescues the citizens from the depths of poverty, perhaps other 3rd world countries will warm up to the idea of democracy and free world trade. http://goo.gl/eqgKoY
  12. Note: This has written all over it...and in more ways than one...that they want the Iraqi Dinar to become more powerful against the US Dollar.....but they state that the current administration can not support the value of the Iraqi dinar.....then they claim that the same authorities I assume....are taking measures to stabilize it this month? Does this not tell us that there are other factors and political aspects involved that we may not even know about as per what is going on with the dinar?..And that it's most probably not even under the control of Iraq and/or never has been?...I guess we will surely see wont we?....But when?...lol... (((It seems that the current administration of the bank can not support the value of the Iraqi dinar.))) (((It was the Iraqi Central Bank announced that it will take new measures to stabilize the Iraqi dinar exchange rate during the month.))) ARTICLE........................................... .................................... Parliamentary economy bear the responsibility of the Central Bank of the fluctuation of the Iraqi dinar 03/27/2014 Amer winner {Baghdad: Euphrates News} carried committee of economy and investment parliamentary responsibility of the Central Bank of the fluctuation of the price of the Iraqi dinar against other currencies.A member of the Economic Commission Amer winner told the News} {Euphrates on Thursday that the "wiggle political Central Bank weighed heavily on the currency in Iraq," noting that "the bank is responsible exclusively on monetary policy in the country." and added that "the instability of the security situation and the continuing differences between the political blocs other factors affected the instability of the Iraqi dinar against foreign currencies. " and "The stability of the central bank's policy, and the security situation, in addition to providing a suitable platform for foreign investors, factors that will help the stability of the Iraqi dinar against other currencies" . revealed the winner for "resolve all outstanding differences between the center and the region on the Law of the general budget and other problems relating to the export of oil," likely "to read the budget such as reading a second session next Sunday." This accused member of the Committee on the economy and investment representative in earlier Aziz Mayahi influential figures in The government, in coordination with the staff at the Central Bank to control the sale of hard currency, which led to a decline in the exchange rate of the Iraqi dinar against the U.S. dollar.said Mayahi that the central bank has vowed to take new measures to stabilize the exchange rate of the dinar against the dollar, but so far is still the exchange rate of the dollar high It seems that the current administration of the bank can not support the value of the Iraqi dinar. " It was the Iraqi Central Bank announced that it will take new measures to stabilize the Iraqi dinar exchange rate during the month. http://goo.gl/VTfqFs
  13. If their currency DOESNT need to RISE in value...then why have they spent so much time and money deliberating and fussing over it...not to mention all the issues as well...and why the isssue constantly about the price of the dinar against the dollar needing to be STRONGER?....If they know how to raise the value of the dinar...as they did the first few years after it came out...then why spend probably more dealing with all these issues over it.....than it probably costs to intially print and distribute it... instead of actually doing it... IS IRAQ EVEN IN CONTROL OF ALL OF THIS AND IS THERE IS A "GRANDER SCHEME" WAITING TO BE HATCHED!...AND WHY EVEN FOOL WITH GOLD IF YOU KNOW YOUR CURRENCY IS GOING NOWHERE?...OR WHY WORRY OVER WHAT THE VALUE OF THE DOLLAR IS AGAINST THE DINAR.....IF THERE'S NO FUTURE ANYWAY?....AND WHY IS THE DOLLAR EVEN IN THERE COMPETING AGAINST THE DINAR...AND THE U.S. STILL PUMPING BILLIONS INTO IRAQ...IF THERE IS NO PLAN?...GO FIGURE...... IMO...THE GUY WHO WROTE THIS IS LEAVING TOO MANY FACTS HIDDEN ABOUT WHAT THE ULTIMATE PLAN IS/WAS FOR IRAQ...IF HE EVER DOES A TRUE INVESTIGATION AND FINDS OUT.....HE MAY FIND OUT WHAT THE DINAR'S POSITION IN ALL OF THIS IS?..IRAQ IS DEFINITELY NOT THE SAME ANIMAL THAT HE IS COMPARING HIS RESEARCH TO......LOL....
  14. About a year ago an article came out...depicting that there were actually in reality....only appx. 25,000 per billion Iraqi Dinars...that were actually found to be counterfeit or fake...and every single country has to deal with this delimna...just some more than others...but the dinar is so sophisticated and advanced as per this problem...that it is hard to reproduce it effectively for using fraudulently...for what it's worth....
  15. Some have mentioned that healthfood stores sell a mineral called "Lithium Aspartate", which is said to have totally reversed Alzheimers and Demntia in it's tracks in some cases...google it and check it out...
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.