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rgsmiths

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Everything posted by rgsmiths

  1. reply to SWFloridaGuy You made my case precisely when you said: Since 1960 there have been 25 episodes of large nominal and real appreciations. If you solely look at historic large currency appreciations, even a 20% increase, runs the risk of having negative long term effects. A 100,000% increase is not even something regarded as possible by most economists but then again, that's what makes this opportunity in Iraq a unique situation. (emphasis mine) I would add the fact that even a 100% increase has never happened. Think about it folks, a 20% best case noted by SWF for Germany, is not a Major RV like being hyped for the RV of the Dinar. And it took how many years after the war ended for these "large nominal and real appreciations" against a pegged currency to occur? Do the math, do you want to wait out against inflation those kinds of appreciation? I certainly do not! Small revalues happen with pegged currencies, as noted by SWF, all are less than 30%, But no country has printed lower denominations in the same series of currencies and then revalued the same currency while pulling higher denominations out of circulation and making millions of people overnight millionaires has never happened before in history. That is a fact! NOTE to those saying another lie by using the Kuwaiti Dinar as an example of an Iraq Dinar RV. The Kuwaiti Dinar did revalue back to previous to war values, but it happened almost overnight, and I don't know of anyone who benefited because there was no selling of the currency to the public. There may have been a few insiders who benefited, but none like we who are involved with the Iraq Dinar. ************* These are only two of many urls that have info about the lies being told about the "coming" RV of the Dinar. Use Google or any search engine, the facts are not hard to find.
  2. per statement: Tell that to those who have made millions off of Japan and Germany Can you show that the Japanese or German currency put in circulation after the wars had a major Revaluation up? I is my understanding from all accounts, a new currency was issued after the wars, without any dramatic RV as characterized by the lies about an RV of the Dinar. Per others posting so far: Show me with links any major nation revaluing the currency issued after the war in a dramatic way... There are many instances of Devaluation down, none I can find of Revaluation up. Check out the links offered, they are valid and may help you as they did me, change my mind and get me out without loosing all my funds. Currencies do change in value to a market valuation world wide but only gradually, and you may have a gradual increase if you want to wait it out. Dinar may be worth more in the future, but not for a long time, years from now.
  3. I have been asking the question, Is there a case in history where there has been a RV of currency of any major power nation? Using Google as well as asking a friend who told me about RV of Dinar and my buying 1 million as a result, I have not found one RV but lots of Devaluations. Check the For Sale Forum... lots for sale including mine, but No indications of folks buying them, including mine. I have sent my 1 million back to Dinar Trade for the $810 currently offered. I hope to get net about $775 after shipping and insurance etc.. paid $1100 for them.. so you can do the math. Adam Montana is in my best research a fraudulent pumper of a fraudulent get rich quick proposal that the RV will happen with the Dinar, for the 1st time in the history of the world. Beware... and be warned... This is not an investment, this is a rip-off. ********* The RV of the Dinar is not going to ever happen! It will devalue for sure, that is the incentive, just like it is for the USA financial handlers.. borrow and spend is the mantra today and forever... The result has been and will be again, worthless currency... I hope this helps someone else save at least some of the loss that is coming to everyone else who bought in to this lie like me with the hope that it might be possible! END of my post is here anything added after this done by the managers of the site, not me
  4. I have been asking the same question, and using Google as well as asking a friend who told me about RV of Dinar and my buying 1 million as a result, I have not found one RV but lots of Devaluations. Check the For Sale Forum... lots for sale including mine, but No indications of folks buying them, including mine. I have sent my 1 million back to Dinar Trade for the $810 currently offered. I hop to get net about $775 after shipping and insurance etc.. paid $1100 for them.. so you can do the math. Adam Montana is in my best research a fraudulent pumper of a fraudulent get rich quick proposal that the RV will happen with the Dinar, for the 1st time in the history of the world. Beware... and be warned... This is not an investment, this is a rip-off. Here are my reference URLs that may be of interest to you if you want to do your own research, copy and paste without the opening and closing quotes these addresses.. "http://www.montanaintel.blogspot.com/" "http://***********.wordpress.com/2012/04/14/the-truth-about-the-iraqi-dinar-part-1/" replace the string of *** with "Iraq currency watch" no spaces or quotes.. part II is informative too, these are only two of many urls that have info about the lies being told about this or any RV.. The RV of the Dinar is not going to ever happen! It will devalue for sure, that is the incentive, just like it is for the USA financial handlers.. borrow and spend is the mantra today and forever... The result has been and will be again, worthless currency... I hope this helps someone else save at least some of the loss that is coming to everyone else who bought in to this lie like me with the hope that it might be possible!
  5. 1,000,000 uncirculated notes. 25,000 denoms only. All purchased from dinar trade Certificates of authenticity included. please email offers to me.. prefer cash and carry, live in the Denver area
  6. We may not need to wait for 2016 for President Biden! Consider this scenario... Obama wins next Tuesday. In the following weeks, the press finally does its job and exposes how Obama turned his back on the Americans in Libya, then tries to cover it up. Obama is forced to resign in shame. Crazy Uncle Joe is the President! Who says the VP candidate doesn't count? Vote Romney on Tues
  7. This Father's plea was given a few days ago but many have not seen it so am posting here a youtube link http://www.youtube.com/watch?v=5mplmQXG7MU
  8. For those who have an interest in Obama's ID and Eligibility, this looks like a court case that may make him Ineligible at least in Georgia.. We shall see.. url for the story as of Jan 26 2012 "http://www.thenationalpatriot.com/?p=4138" NationalPatriot
  9. The Christian's biblical perspective is found in 2 Corinthians 9:7 Every man according as he purposeth in his heart, so let him give; not grudgingly, or of necessity: for God loveth a cheerful giver. There are no limits for the Christian because he lives under God's grace, and is not obligated to measure up to any law system. Romans 10:4 For Christ is the end of the law for righteousness to every one that believeth. Galatians 2:21 I do not frustrate the grace of God: for if righteousness come by the law, then Christ is dead in vain. That's a small bit of scripture, and certainly is not exaustive for your question, but maybe it will help a bit, if you believe it.
  10. Thank you for the refocus on the Man who is God, Jesus Christ our Lord.
  11. Pres Obama and Prime Min Nouri Al-Maliki are about to hold a joint press conf .. on www.whitehouse.gov/live if interested.. suspect is about the Iraq getting released from the sanctions imposed few years back, but may be more than that.. was scheduled for 11:35 so is only 30+ min late so far
  12. Security Council 6675th Meeting (AM) Dec 6, 2011 Withdrawal of United States Forces in Iraq at Year’s End Will Give Iraqis Chance to Prove Themselves, But Entails Many Challenges, UN Envoy Tells Security Council Special Representative Warns against Underestimating Task Ahead, Especially On Security Front; Seeks Extended Deadline for Resettling Camp Ashraf’s Residents The withdrawal of United States forces in Iraq by the end of the year would be an important milestone that entailed many challenges even as it provided all Iraqis the opportunity to prove to themselves that they could build a peaceful and better future and give the country’s political and elected officials the chance to consolidate democratic and economic gains, the Head of the United Nations Assistance Mission for Iraq (UNAMI) told the Security Council this morning. “The task ahead should not be underestimated and will require further progress on the security front,” Martin Kobler, who also serves as the Secretary-General’s Special Representative, said as he presented the Secretary-General’s report on the activities of that Mission, the first submitted pursuant to paragraph 6 of Council resolution 2001 (2011). He noted that, while the Iraqi Security Forces had assumed full control of the country’s security, they continued to face armed opposition and terrorist groups, who carried out mass casualty attacks that affected the lives of hundreds of citizens across the country. They also posed significant challenges to the delivery of United Nations assistance on the ground. He condemned, in the strongest possible terms, yesterday’s terrorist attack on Ashura pilgrims, and stressed that Iraq’s religious and ethnic diversity was its ultimate strength and formed the heart of its effort to establish a prosperous and all-inclusive society. In the two months since assuming his assignment in Iraq, he had travelled throughout the country and the region, he said. During that initial period, he had witnessed a great number of changes and improvements. “Despite many obstacles ahead, there is a significant degree of good will and determination to achieve further progress,” he said, adding, however, that some of yesterday’s most pressing challenges remained today. He listed wealth distribution and power-sharing, delivery and access to basic services, strained community relations, and unresolved issues between Iraq and Kuwait among them. UNAMI and the United Nations country team stood ready to work with the Government and to redouble its efforts to solidify democracy, political stability and prosperity as the United States forces withdrew. Outlining the latest political developments, he emphasized that it was crucial for Iraq’s leaders from all sides to work collectively to overcome their differences and promote confidence and tolerance. He sensed a growing discontent at delays in fully implementing the Kurdish-Arab agenda. Iraqi leaders should take the necessary steps to overcome the current standstill in appointing security ministers and resolving other pending issues agreed during the Government formation process. He reported that Prime Minister Nouri al-Maliki had requested UNAMI’s continued assistance in addressing Arab-Kurd issues related to the disputed internal boundaries. The Mission was currently exploring ways to reinvigorate the Standing Consultation Mechanism as the forum for addressing that issue through dialogue. Discussions on the issue of Kirkuk, including holding elections and improving security, as well as a possible “third party” role for the Mission in the Combined Security Mechanism, had also been initiated. The Iraqi Army’s recent deployment around the Kirkuk airport was viewed with concern by the leaders of the Kurdistan Regional Government, he said, underlining the need to ensure that mechanisms were in place for settling disputes. He called on all parties involved to use existing mechanisms to avoid confrontation and to provide the necessary space to UNAMI to assist. Turning more broadly to United Nations activities, he stressed the need for democratic standards, including respect for rule of law, in relation to the electoral process and human rights, to be safeguarded and further advanced after the United States’ withdrawal. “There must not be a rollback,” he asserted. In that context, he highlighted the appointment of a new Board of Commissioners of the Independent High Electoral Commission by April 2012 as the foundation for any future credible elections. The Council of Representatives had formally requested UNAMI to perform an advisory role in the selection process for the next Board, which should be conducted in full transparency and based on the candidates’ professional qualifications. Continuing, he said much more must still be done to address the difficulties faced by all Iraqis in their daily lives, and he called on the Government to do everything it could to protect the victims of violence and ensure that the perpetrators were held accountable. Of particular concern were the 11 reported acts of violence against human rights defenders since the beginning of October. Journalists also continued to be targeted. UNAMI was following up on each case and, together with the United Nations Development Programme (UNDP), was supporting the appointment of 11 commissioners to serve on the Iraq High Commission for Human Rights. In particular, technical and logistical support was being given to the Committee of Experts in the nomination process, which would hopefully be concluded in early 2012. In the development arena, the United Nations Country Team and the Government continued to partner in implementing the United Nations Development Assistance Framework (UNDAF), he said. UNAMI would also, in the coming months, focus on youth, water resource management and the environment, which were at the core of Iraq’s potential to realize sustainable development and achieve the Millennium Development Goals and must be addressed by the Government as a matter of urgency. Additionally, women’s participation and education must also be promoted, while all forms of violence against women and girls must be combated. Addressing regional dynamics, he noted that the Governments of Iraq and Turkey, together with the Kurdistan Regional Government authorities, had proactively engaged in constructive crisis management following terrorist attacks by the Kurdistan Workers’ Party (PKK) on 19 October. A contingency plan had been prepared by the Office of the United Nations High Commissioner for Refugees (UNHCR) to address any future movement of population into Iraq and was being updated regularly to take into consideration the fluid situation in Syria. He had also urged Iraq to implement its outstanding Chapter VII obligations as outlined in the road map envisaged in the Secretary-General’s report of 2009 (document S/2009/385), which would allow for the long-overdue normalization by the Council of the country’s status in the international community. He was encouraged by the resolve of Iraq and Kuwait to improve bilateral relations, including through the establishment of a Joint Ministerial Working Committee. Noting that Iraq had requested United Nations assistance in facilitating a peaceful and durable solution to the situation of Camp Ashraf, he said the Organization was working exhaustively to do so. However, the positions of the Government and the camp’s residents and leadership remained far apart. The 31 December deadline set by the Government to relocate the camp’s residents to another location until third-party resettlement countries were identified was fast approaching. The residents, who hoped to remain in the camp until the third-party countries were found, did not agree to be transferred to a location “without the protection of blue helmets”. “There is real danger of confrontation and even violence unless a mutually acceptable solution is achieved,” he said, noting at the same time that the Government had agreed to give UNHCR its mandated role. It had also given assurances of its commitment to the principle of non-refoulement. He called on all concerned to act with restraint and flexibility to ensure that a peaceful solution was found. To that end, he said UNAMI and UNHCR had formed a working group on Camp Ashraf that had frequently met with the Iraqi Government in recent weeks. UNAMI also continued to visit the camp on a regular basis, and the Secretary-General had spoken to Prime Minister Maliki on the matter. For its part, the United Nations was emphasizing that lives must be protected and that any forced action that resulted in bloodshed or loss of life would be ill-advised and unacceptable. Any workable solution must be mutually acceptable and respect Iraqi sovereignty and relevant international humanitarian, human rights and refugee law. It must also respect the principle of non-refoulement. He appealed to the Iraqi Government to extend the 31 December deadline to permit adequate time and space for a solution to be found. UNHCR also needed time to complete its verification and interview process for refugee status determination. He also appealed to the camp’s leadership and residents to give serious consideration to the proposals under discussion and to refrain from provocation or violence. And, he appealed to the international community to step forward with resettlement offers. Finally, he welcomed Iran’s readiness to receive those residents who voluntarily wanted to return with the assurance that their welfare and safety would be respected. Iraq’s Ambassador Hamid Al-Bayati agreed that his country had seen tremendous and notable improvements in political and security areas and it remained poised to take on the great challenges and responsibilities that would follow the withdrawal of United States forces later this year. “Iraq is witnessing today a new era, in which the foundations of democracy, personal and private freedom of the press, freedom of creating political parties, political diversity and peaceful transition of power are established,” Mr. Al‑Bayati told the Council. “My Government has worked hard in the last months to improve its defensive capabilities to stand in the face of terrorist attacks, to protect international security and to save democracy.” The political changes and reform movements that began within the Arab Spring had proven without a doubt the “correct” political path his country had been on, as well as its support for democracy in the region. The Ministry of Human Rights had, among other things, conducted training sessions and invited officials to visit prisons and detention centres. Iraq was also committed to good relations with neighbouring countries, disarmament and non-proliferation, he said. The Government was also moving forward towards solving the electricity crisis, including fuel distribution. It had signed an agreement of principles with Shell and Mitsubishi oil companies to establish a joint natural gas company, and had maintained its monthly oil production levels, moving towards this year’s goal of 3 million barrels a day. Turning to Camp Ashraf, he assured the Council that he did not want to force any people to return to Iran and encouraged other nationals to return to their countries of origin. However, because camp residents were preventing Iraqi forces from entering, his Government could not confirm the situation within the camp. To that end, he said he needed the Council’s help to address that concern, with a view to finding a permanent solution. The meeting began at 10:05 a.m. and ended at 10:50 a.m. Background The Security Council met this morning to consider the first report of the Secretary-General pursuant to paragraph 6 of resolution 2001 (2011) (document S/2011/736), which discusses progress made towards the fulfilment of the responsibilities of the United Nations Assistance Mission for Iraq (UNAMI) and political, security and socio-economic developments there since 7 July. In his report, the Secretary-General elaborates on the Mission’s political activities, including holding consultations with concerned parties, electoral assistance activities and technical preparations for the census. He also highlights development and humanitarian assistance and human rights activities, as well as reports on security, operational and logistical issues. The Secretary-General observes that the planned withdrawal of United States military forces from Iraq by the end of the year marks a historic milestone in the country’s progress. He urges the Government and the Kurdistan Regional Government to define the future of the combined security mechanism in the disputed internal territories. The Secretary-General remains concerned by reports of continued human rights violations in Iraq, particularly the pattern of violence. He encourages the Government and the Kurdistan Regional Government to finalize action plans on human rights and calls upon the Government to investigate allegations of violations. He also calls upon authorities to establish a moratorium on the death penalty, in accordance with General Assembly resolution 62/149. The situation in Camp Ashraf remains worrisome and a peaceful and durable solution was needed, the report says. That complex and sensitive matter requires full cooperation and support of all sides. He appeals to the Government to give Office of the United Nations High Commissioner for Refugees the time and neutral space it needs to interview and register camp residents for resettlement, and hopes the Government will be willing to show some timing for the camp’s closure pending tangible progress in the relocation of residents outside Iraq before 31 December, the current announced closure date. Turning to regional issues, the Secretary-General condemns the continuing terrorist attacks by the Kurdistan Workers Party (PKK) and the Party of Free Life of Kurdistan against Iraq’s neighbours, including Turkey and Iran, and urges Iraq and affected countries to continue to engage in a constructive dialogue in order to find a peaceful solution to this challenge. The report states further that a year since the Security Council lifted most of Iraq’s obligations under Chapter VII of the United Nations Charter, Iraq needs to fully implement its outstanding obligations pertaining to Kuwait, including the repatriation of Kuwaiti and third-country nationals or their remains and the return of property. He urges the Iraq and Kuwait Governments to resume their bilateral dialogue under the Joint Ministerial Committee that they established in January to address outstanding concerns and work towards finding mutually acceptable solutions link: "http://www.un.org/News/Press/docs/2011/sc10472.doc.htm"
  13. found the following with same content but also has date of source.. Iraq considers revaluation of national currency (24/4/11) -- By Khalid al-Taie in Baghdad For Mawtani.com The Central Bank of Iraq is studying an idea to revalue the national currency as part of its strategic project for the next five years to reform the country's monetary system. The revaluation would involve the deletion of three zeros from the current dinar. "With the entry of oil investments, the Iraqi economy is about to see a major boom that will make it a major economic force in the Middle East," said Mazhar Mohammed Saleh, an adviser to the Central Bank of Iraq. "This boom will not be commensurate with a currency replete with zeros." Saleh told Mawtani that the bank was studying aspects of the project to create an integrated vision, saying that once the project has been examined, it will be submitted to the Iraqi government which will in turn study and submit it to parliament for approval. Saleh said inflation and receding economic growth in Iraq over the past three decades have had a negative impact on the Iraqi currency. He said there were no more than two billion dinars in circulation in 1979, but there is now more than 28 trillion dinars. "This huge quantity of money made circulation at banks more complicated," he added. "Counting and sorting involve so many problems and difficulties due to the hugeness of financial dealings." Saleh noted that the idea of revaluing the currency was devised to avoid these complications and to facilitate payments, especially those related to salaries. This is in addition to removing burdens on banks and citizens through dealing with banknotes that are easier to count, carry and circulate. Saleh downplayed fears about revaluing the Iraqi currency, saying the measure "will not affect the local economy at all". "The incomes and wealth of individuals and companies will remain intact," he said. "What is going to take place is a revaluation of the currency to be commensurate with the expected stage of boom and growth." Saleh expected that the project will need a long period of time, perhaps more than one year, to see light, saying that it will be implemented on a gradual basis. Haitham al-Jubouri, a member of the fiscal committee in parliament, confirmed his support for the project of dropping zeros. "This project will help create stability for the national economy and prevent fluctuation of prices because of the large-number banknotes that are circulated in the local market," al-Jubouri told Mawtani. "This is in addition to its role in enhancing citizens' purchasing power." Al-Jubouri stressed the need to conduct a comprehensive and in-depth study of the project to avoid any confusion that may take place as a result of launching new banknotes with the same monetary value as those of large-number banknotes that will be gradually withdrawn from the market. "Revaluing the dinar will require us as lawmakers to later introduce some digital amendments to some laws and decisions that include, for example, the imposition of financial fines and granting of advances and loans in the current currency," al-Jubouri noted. Economist Saad Jassim said the issue of dropping the three zeros will help lower the nominal value of the Iraqi dinar in commercial and non-commercial monetary dealings, but it will maintain its real value, and will enhance it in the future. "Today, it has become necessary to review our monetary system and reform the national currency in a way commensurate with the investment openness policy that the state is currently adopting and also to support the Iraqi economy worldwide, specifically in regards to the International Monetary Fund," Jassim told Mawtani. URL is http://translate.google.com/translate?sl=ar&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&layout=2&eotf=1&u=http%3A%2F%2Fwww.mawtani.com%2F
  14. Convert: Enter amount From: To: Choose currency Choose currency Calculate 1 IQD = 0.00 USD 1 IQD = 0.00 USD 1 USD = 1169.88 IQD http://www.forexpros.com/forex-tools/currency-converter this was url used to get correct valuations...
  15. It is refreshing to have real news posted with the link, regarding Iraq and our government.. It is not directly about RV of Dinar, but sure shows us our elected leaders are pulling for a stable and self governed Iraq that will be an asset to the US. I dont see much news like this often, so it is really like a breath of fresh air.. Thank you for the post and link.. Go RV
  16. The following is official.. from the CBI web site http://www.cbi.iq/index.php?pid=GovernmentSecurities This to inform with facts Government Debt Total government debt is estimated to be $60.05 billion in 2010. This represents 72% of GDP and is comprised of the following components: External debt ($45.09 billion) Domestic t-bills ($5.55 billion) Bank debt ($9.41 billion) External Debt Following the ouster of the regime in spring 2003, Iraq’s external debt was estimated to be between $130-$140 billion. Reducing this debt to a sustainable level has been a priority since 2003 and debt relief negotiations have taken place in a variety of forums. This has led to the cancelation of a significant amount of Iraq’s external debt. Iraq’s external debt is comprised of four components: Paris Club bilateral debt ($42.5 billion) Non-Paris Club bilateral debt ($67.4 billion) Commercial debt ($20 billion) Multilateral debt ($0.5 billion) Debt relief negotiations first led to an 80% reduction of the Paris Club debt. The Paris Club agreement also set the terms for non-Paris Club and commercial debt cancelation levels. A provision of the Paris Club agreement is that Iraq cannot accept a debt cancellation agreement with other creditors on more favorable terms for Iraq than those reached with the Paris Club. Thus, Iraq is expected to receive no more than an 80% cancelation from all of its creditors. Negotiations with non-Paris Club creditors are ongoing (mainly with Gulf countries except the UAE), and resolution of the commercial debt is largely complete. External debt is estimated to be at $45.09 billion in 2010 (see government debt above). Government Bonds (part of external debt) Security Name IRAQ 5.8 01/15/28 Announce Date 04.01.2006 Issue Date 19.01.2006 Maturity 15.01.2028 ISIN Code XS0240295575 Redemption Value 100 Par Amount 1000 Amount Issued $2,700,000,000 Country Full Name Iraq Coupon (%) 5.8 Coupon Frequency 2 Currency USD The material above should not be considered an offer or solicitation to buy or sell securities
  17. and the winner is... Beatleboooooommmmmm!!!! with 176 viewers too
  18. stocks selling off into the close... and here we are watching time tick away for RV in 2010... lucky 13 min to go..
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