4aprofit

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

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...

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?

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.

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?

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...

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

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

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...

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...

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

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

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....

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....

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...

Well, for starters, if Iraq is soon to become a "Donor Nation"...which is Huge!....why would'nt they be able to get into the WTO sooner than later?.....

When I asked some of the same bankers and other so-called professionals about the Bit Coin appx. 4-to-5 years ago...All I heard was scam on this too!...How odd?.... Man buys $27 of bitcoin, forgets about them, finds they're now worth $886k Bought in 2009, currency's rise in value saw small investment turn into enough to buy an apartment in a wealthy area of Oslo. http://www.theguardian.com/technology/2013/oct/29/bitcoin-forgotten-currency-norway-oslo-home

These 2 links seem to show the same thing..... http://www.mop.gov.iq/mop/index.jsp?sid=1&id=308&pid=295&lng=en http://www.mop.gov.iq/mop/index.jsp?sid=1&id=308&pid=295 These folks can probably tell us?...They are seemingly the host of the site?.... http://www.synisys.com/

I don't know what's relevant or what's not?...But when the link opens...this at the top part, (in the blue), is what is strolling across the screen, (which are recent happenings with Iraq right now, Oct. 2013)...then at the bottom of the page...it say's (copyright 2012)...so, is this old info. that they keep referring to, or are they still using this as per a study, plan, etc?.... The Minister of Planning/ the acting Minister of Finance met in Bucharest the Romanian senior officials and negotiated with them develop the reality of the bilateral relations between the two countries Iraq and Pakistan discussed ways to strengthen economic relations between the two countries Announcement...Dates of meeitng with the Legal Department Director General Copyright © MoP Iraq 2012 Powered by Synergy Portal from Synergy International Systems The same thing is showing on this link that you hit to see where the rate info. was posted...along with the same recent relevant Oct. 2013 events, which are scrolling across this page as well..... The Exchange Rate of Foreign Currency in Economic Feasibility Studies http://www.mop.gov.iq/mop/index.jsp?sid=1&id=308&pid=295 3.Estimate the amended exchange rate of the Iraqi dinar to be used in technical and economical feasibility studies and for (1.134) dollar per dinar. This price should be approved for 3 years until re-appreciation by the competent authorities. Copyright © MoP Iraq 2012 Powered by Synergy Portal from Synergy International Systems Maybe this is old, and maybe it's not needed, but why is it posted along with other viable, recent and some of the newest updated information? Was'nt it the IMF or another entity, that was showing studies a while back, whereby the IQD/Dinar...needed to come back in...(at the time of those studies)..at between $1.17 to $1.24...the best I remember..it was above the Dollar and below the Euro...at least that was what all of the talk was about?... We know that there are many U.S. Dollars being used in Iraq...(and on the streets, and they want to de-dollarize)...and the theory many have said is that if the Dinar does not come in at a value at least a little above the Dollar...that many Iraqi's would not use the Dinar...and would just stick with the Dollar?...(So, that's what makes these 2 studies, theories, etc....understandable, at least IMO).....guess we will see?...

Apparently...as some seem to believe...Iraq never needed their currency at the $3-4.00+ rate...as it has been in the past, when nothing was going on over there in comparison to now!...So, I assume Kuwait, who is dumping billions into Iraq..(Ask yourself why?...Is'nt this the same oil and more of it?)...and with Kuwait's currency at $3.00+...does Kuwait not need their high rate either?...So, I assume that Kuwait is just keeping theirs up there at that rate just for giggles?...Just think about this...it will sink in eventually for some...and make ALL theories of the never ever rising again Iraqi Dinar...look retarded!...IMO!...LOL....

I posted this is an earlier thread whereby someone showed a video of Wells Fargo...stating that they did'nt deal in dinars..I thought this information needed to be brought here as well....just as another for what it's worth...at least as per what I have found out while on this dinar ride for years now!.... I think we have covered this over and over again, but here we go again........ There are Wells Fargo employees, as well as many other banks employees...who flat out call the dinar a scam...while all the while...you have some of these employees, and in all of these same banks...that own dinars, and actually believe in it...and some have even told many of us the protocols and exchange/cash-in procedures...as per how they will handle the currency upon a rate change..or upon there being an RV!...even though some of these bank employees may not talk openly about this to everyone!....(Some have been told what to say...or what not to say as well).... This subject has been hashed out numerous times over the years...and what some banks are saying is to be expected...especially when one understands the reasoning behind these statements...as one banker told me that he tells everyone this same stuff...as if he did not...he would lose his job, because he had to promote the things that the bank endorsed....which was all approved, regulated and endorsed by the typical banking systems protocols..(U.S. Treasury, Federal Reserve, SEC, etc.)...whereby the dinar was not...(or not in the same way, even though legal to deal in)...but it was a speculative investment...and even though he owned them, that he could not tell people to do it...and he knew that if he said one good thing about this...that everyone in the bank would be at his office the next morning, as well as his home...(and he was a bank president)....and since nothing was paying out anything for the most part nowadays, even through the banks, that now people are looking for anything to make money on, regardless of what it is!...and since he did'nt know when or if anything would happen with the dinar...it would be something that he could'nt endorse as per his position in the bank, as well as others in the banking business...even though some do anyway he said! He said that their bank used to sell dinars as well as Wells Fargo at one time from what he recalled...(and thinks that all banks that can redeem them...actually will whenever there is a new signifigant rate change)...but he said that many banks quit dealing in them due to the time it was taking up, from talking to speculators daily, and with the constant calling all day about it, and the constant dropping by the branches to see if their dinars that they ordered had arrived yet..(He said some folks seemingly were loitering at the banks, and were there more than once daily to check on their ordered dinars, and/or if the bank had any new info).....He said that they could'nt get their other work done due to this delimna...he said that there were profits in the transacting of this, but they weighed out the manpower issues, and then their employee moral issues, and the security situation of when or if a new rate came...as per if they wanted to be in the middle of a rate change....while trying to order currencies...as some would sue the banks if their currency did not come as ordered..(especially if the transactions the customers were engaged in, whereby if an RV occurred, or a signifigant rate change happend, while an order was in the transition stage)....as well as other issues as per their personnel having issues...i.e.: like one saying it is scam while another say's it's not...and then if a rate change came...there would be friction and divsion with the employees and posssibly lawsuits from one bank employee to another over speculative advice being given either way...(whether it did happen or did'nt happen)...as some would be upset if the currency tanked..and some would be upset if it went up, and they were told negative info. from another bank employee..in other words, he said the closer we get to either happening...a flop of the currency or an RV...we felt that we..(the bank)... needed to distance ourselves from the actual event either way...as per security reasons as well..especially if there were an RV...as per being "out of sight and out of mind" until the big day...pop or flop...as it would be an eaiser transition as per the external issues with the public..and the internal issues with banking employees...etc., etc., etc....for what it's worth?.....

I think we have covered this over and over again, but here we go again........ There are Wells Fargo employees, as well as many other banks employees...who flat out call the dinar a scam...while all the while...you have some of these employees, and in all of these same banks...that own dinars, and actually believe in it...and some have even told many of us the protocols and exchange/cash-in procedures...as per how they will handle the currency upon a rate change..or upon there being an RV!...even though some of these bank employees may not talk openly about this to everyone!....(Some have been told what to say...or what not to say as well).... This subject has been hashed out numerous times over the years...and what some banks are saying is to be expected...especially when one understands the reasoning behind these statements...as one banker told me that he tells everyone this same stuff...as if he did not...he would lose his job, because he had to promote the things that the bank endorsed....which was all approved, regulated and endorsed by the typical banking systems protocols..(U.S. Treasury, Federal Reserve, SEC, etc.)...whereby the dinar was not...(or not in the same way, even though legal to deal in)...but it was a speculative investment...and even though he owned them, that he could not tell people to do it...and he knew that if he said one good thing about this...that everyone in the bank would be at his office the next morning, as well as his home...(and he was a bank president)....and since nothing was paying out anything for the most part nowadays, even through the banks, that now people are looking for anything to make money on, regardless of what it is!...and since he did'nt know when or if anything would happen with the dinar...it would be something that he could'nt endorse as per his position in the bank, as well as others in the banking business...even though some do anyway he said! He said that their bank used to sell dinars as well as Wells Fargo at one time from what he recalled...(and thinks that all banks that can redeem them...actually will whenever there is a new signifigant rate change)...but he said that many banks quit dealing in them due to the time it was taking up, from talking to speculators daily, and with the constant calling all day about it, and the constant dropping by the branches to see if their dinars that they ordered had arrived yet..(He said some folks seemingly were loitering at the banks, and were there more than once daily to check on their ordered dinars, and/or if the bank had any new info).....He said that they could'nt get their other work done due to this delimna...he said that there were profits in the transacting of this, but they weighed out the manpower issues, and then their employee moral issues, and the security situation of when or if a new rate came...as per if they wanted to be in the middle of a rate change....while trying to order currencies...as some would sue the banks if their currency did not come as ordered..(especially if the transactions the customers were engaged in, whereby if an RV occurred, or a signifigant rate change happend, while an order was in the transition stage)....as well as other issues as per their personnel having issues...i.e.: like one saying it is scam while another say's it's not...and then if a rate change came...there would be friction and divsion with the employees and posssibly lawsuits from one bank employee to another over speculative advice being given either way...(whether it did happen or did'nt happen)...as some would be upset if the currency tanked..and some would be upset if it went up, and they were told negative info. from another bank employee..in other words, he said the closer we get to either happening...a flop of the currency or an RV...we felt that we..(the bank)... needed to distance ourselves from the actual event either way...as per security reasons as well..especially if there were an RV...as per being "out of sight and out of mind" until the big day...pop or flop...as it would be an eaiser transition as per the external issues with the public..and the internal issues with banking employees...etc., etc., etc....for what it's worth?.....

I've always said, if you have a car bomb that kills let's say hypothetically, 29 people, but then take a major city in the U.S....and for a given time period of equal proportions, let's say a month, etc...that there are 29 killed in one city in the U.S....and by possibly 29 seperate perpetrators...so here in the U.S. it's not just one suicide bomber, but many perpetrators making up a number of as many or more crimes in any given period of time!....this is just another example of how places like Iraq can be depicted as being an un-workable country...(which is terrible)...but commerce will go on if profits are there to be made!...Chicago, Detroit or New Orleans never sleep or shuts down, and still thrives in the midst of all this stuff!...

There were some recent reports of Iraq having 300-350 billion barrels of proven reserves of oil...whereby the old figures were'nt even half that...and the country has nowhere near been explored as per it's true potential!

Apparently this idiot that posted this crap has'nt watched Bartle Bull with "Northern Gulf Partners" and "Iraq Investment Partners One"...who was on Fox Business News and Bloomberg News recently...where they have had 17% gains in Iraq just this year...and besides that, they have made signifigant gains for 5 years in Iraq already!....I wonder if this clown could offer anything near that as per investor's returns?...