pokerplayer

Has anyone asked Ali if he will still send out his email alerts? I know it's been a couple years as the rate has stone walled on us, but will he still send out alerts? I know Adam will, but if memory serves me correct Ali also would of included his cash in addresses in the event of an RV. Just Curious, Thxs., pp

RVThereYet!, as a new member, you are not starting off to well with these kind of posts. This is a site for serious Investors. Sure I have made some questionable posts as well, but the same token, I have been here a spell as well and try to contribute in an educational manner when I can. I suggest you sit on your hands and do more reading and less typing. pp

I ordered mine thru the CIBC here in Canada. Hope this helps. pp

Give me strength, these newbies and there weak sense of humor. After 7 yrs I must have the hide of an Alligator. pp

Wow, your awesome PVS, I had no idea ( and still don't ) what was said there !!1 pp

I have no idea how true this on the Information. pp Recently, there was a Reuters news article with a headline titled, 'Iraq to boost retail banking via mobiles, Internet.' Upon reading that most people would naturally assume that this is good news for the Iraq banking sector. Many people perceived this as 'huge' news and have even tried to convince others of the same. What some need to understand is that, the people with this thought process just do not fully understand the banking system as it is here in Iraq. If they did, they would not had perceived this news as 'huge'. These individuals are the same people that also claim that Iraq does not have a tradable international currency (which Iraq does). At some point in time, hopefully in the near future, it will be good for the banking system, but that's only when they they get the single payer system in place. It's one thing to have it constructed and installed, training is another. If they are lucky, they will have it completed in the banking system by the end of the year. It will take them an additional 18 months to complete the training and get acclimated to it. In case some of you are wondering how the banks in Iraq will transfer funds outside of Iraq, It will be by correspondent banking agreements. There are several banks that have correspondent banking agreements with foreign banks outside of Iraq. These Iraqi banks use the foreign banking system (SWIFT) to facilitate transactions abroad. The Iraqi bank has no single payer system that conducts the due diligence to investigate where the funds are exactly coming from. Keep in mind that there are Anti-Money Laundering Laws (AML). In Iraq the AML penalties are very harsh on the banks and on any individuals. The Iraqi banking sector is seeking ways to get away from the correspondent agreements. They want to stop criminals from funneling money, independently investigate exactly where the funds being sent or received are coming from, as well as who actually owns the money. There is a caveat in that the Iraqi Parliament must pass legislation to even use this particular payment system. The CBI is not as independent as people think, they have to get the permission of the Iraqi government on nearly every move they make. Such as, 1.) Parliaments vote on the new Iraqi dinar currency, 2.) reviewing of the CBI Report on Re-Denomination Revaluation reports, and lastly, Ministry of Finance giving the approval of banking licenses.

LOL, now that was funny. I was wondering were this was going. pp

Why oh Why do I torture myself with these posts...LOL pp

As odd as your post may seem, you are very correct. When I was there, they had a Burger King at BIAP. It was awesome !!!! Just because it was a " Link " to home. They, IMHO, hosed everybody on prices, but hey, were else doe's a burger slinger own a bullet proof vest? pp

Each and everyday I do honestly try to think about the positive. Even if its is to think about some of the very nice people I have met here, and if your honest, there are many. pp

Thank-you for asking capt.cliff' , I personally believe this is just AC's spin on thing's. He maybe trying to read something into the DT issues of late, but I could very well be wrong...lol. That would make twice in my life, as I did buy that 66' Ford falcon back in the day.... J/K. Thats the best I can tell you as I am not really in the know, so to speak. pp

Thxs linny0830, some people are just to quick to judge with-out actually reading the entire read. pp

Just posted it thxs, pp

Just remember, I have no opinion on the content. Taht you can deciede yourself. pp The Central Bank of Iraq made some changes to how it operates in reference to the banks and money changers inside Iraq. In late April, the CBI decided to impose a tax on all currency exchanges (as previously mentioned in my 5 May email newsletter). The CBI auctions experienced a downturn after imposing the tax on the banking institutions and all the currency exchange markets. The initial intentions were good; however this slowed the everyday commerce in the banking industry causing far less transactions of foreign currency exchange. CBI was attempting to force Iraqi's to not conduct foreign exchange transactions hoping to increase the Iraqi dinar value. When the CBI observed its several hundred million a day auctions plummet they made the executive decision to raise the tax limit to 50k for all foreign currency transactions. After this decision the Iraqi people ramped up the CBI auctions once again. Seeing that the CBI has appeared to reverse their initial plans, my associates are saying that there will not be an RV in the month of May 2011. Regardless of the fact that the CBI has completed the Revaluation Re-denomination report. The CBI is also still waiting for PM Nuri Maliki's request to have the report delivered to him. Unfortunately, my sources are confident an RV will not be possible this month. The dinar currency projection from the recently published CBI annual report, soon to be published internally for the ministries will also coincide with no RV (May 2011). Today, I got some additional, interesting information. The new Iraqi currency has been placed on hold. With the excuse being that with all the recent activities & transitions of the CBI bank (as well as the Iraqi government) it has just not been printed. I know this may be conflicting with what some of you have been told on some forums/blogs but this is factual & up to date information. There are no bills at this time. The printing of them is on hold. That is the end of the Newsletter, I just remove the site link pp

Not trying to be nasty, but several people did. Since there were a number of comments you may have missed it. pp

Crap, I lost the bet. I said you would be back, but suspected it would be tomorrow. Oh well, $5 is $5. pp

I am amazed more Mods don't quit. Its comments like this that make them want a raise...oh wait, they do it for free. Send in your resume, I am sure there are plenty of openings. I was a mod on a different site, they paid jack as well. Please show them a little respect, otherwise with-out them the site would go to he** in a hand basket. pp

No really, they do tell me that. pp

I highly doubt Ali knows anything. He may be guessing like the rest of us, but if he feels his family is in jeopardy, then I would do the same, pull the plug and keep a low profile. I suspect it could be a disgruntled Investor demanding answers he may not have. There are lots of whack jobs out there you know. pp

While I am not a guru, I "post crazy" stuff all the time... at least thats what they tell me...Bwwwaaaahaaaaa. pp

Never heard of them before. It better then some I have seen, that's for sure. +1 pp

Now that was a nice reply. Thank-you. Helps bring me back to reality, and that is to help people. pp

Use a little caution when leaving as its a spring activated door and it may hit you in the a** as you leave. You don't even give any reason for your post. What a waste of 3 minutes of my life, and those I will never get back. pp

BanG, your a class act. It's people like you that give me hope out of the sorry state of society that we have come accustomed to. pp

Thanks BanG. I guess people are just nervous. We appreciate your filling us in on Ali. Its all good. pp