garylew

Copy and paste: Iraq is continuing to show how focused they are on their oil trade. Huge amounts of foreign investments are coming into support Iraq's oil trade. By 2011, Iraq is planning to increase its oil exports from 2.6 million barrels per day to 3.6 million barrels per day. The biggest challenge Iraq faces is to quickly build the infrastructure necessary to support the increased productivity. A good problem to have. The great demand for infrastructure and security will increase the number of jobs created. Iraq reported a 15% unemployment rate, but its oil industry is looking to significantly reduce that rate. Iraq's oil trade, which comprises 95% of its current revenue will create more construction, security and manufacturing jobs for Iraqi citizens. In addition to the employment gains, the dinar will benefit from this huge increase in the oil trade. There will be an increase in the demand for the dinar. As foreign companies do more business with Iraq - buying oil, contracting Iraqi security companies, labor, etc. they will need dinars to pay these service providers. Also, Iraqi companies will be exchanging dinars for foreign currency as they import products they do not have domestically. Many of the large components required to drill and export oil must be imported in. Dinars must be converted to pay for these components. All in all, this is good news for the dinar as it is on its way to becoming a currency pair and being traded on the open foreign exchange rate. It is also an opportunity for the Iraqi government to show foreign investors that it will take care of investor relationships and interests - which will attract even more money into Iraq. Needless to say, there is a lot at stake regarding Iraq's oil trade and the Iraqi government knows it. http://dinarprofits.com/iraq-increase-oil-exports-by-40-percent/

I've used Dinar Profits in the past. They're always friendly and give you information. They never rush to get you off the phone. Give them a shot.

Just saw the Dinar Profits site and they said they have 10K notes in stock. http://dinarprofits.com/10k-notes-in-stock/

Copy and pasted article: It is time for Prime Minister Nouri Al-Maliki to start buckling down. Iraq has a lot of issues to deal with and not all of them can be solved immediately - it's impossible. However, Maliki must set priorities and stick to getting the most important issues resolved as soon as possible. If he tries to tackle all issues at the same time, he will be spread too thin and nothing will get accomplished. This is an extremely important time for Maliki to show that he is a capable leader and for Iraq to earn the respect of the international community. So what are his priorities? It is unclear at the moment, but Maliki has expressed commitment to safety, infrastructure and jobs. Those seem to be a good start at this moment. While tackling the issue of the dinar is not on the list - all of those topics will enable Iraq to position itself to make big moves with the dinar. Those are necessary components for the dinar to strengthen in value. Let's take a look at each issue. Safety. Security is a big concern in Iraq, especially after the U.S. troops have pulled out. Can Iraq maintain a stable environment for their citizens and investors? This is the number one question. There have been concerns that the Iraqi military is not ready to deal with insurgent groups. Maliki must look into further training and military technology to secure Iraq. This is essential for the dinar as instability within Iraq instills fear in investors and less confidence in the dinar. Security should be the number one priority for Maliki and it is also the number one priority with respect to the dinar as well. Infrastructure. Iraq is rebuilding and must provide basic resources for their citizens to thrive. Namely, electricity. The outrage of power shortages during the unbearable summer is still fresh in Iraq. Maliki has to get this done. If he can make this happen, he will increase his popularity as reliable electricity is a luxury for Iraqis. Iraqis will be more productive and contribute even more to the economy as there will be longer business hours and increased manufacturing capabilities. Jobs. A significant number of jobs will not be created unless the previous two issues are resolved. Unless the previous two conditions are met, there will not be the necessary foundation in place for businesses to grow and hire more Iraqi citizens. Iraq already has done a great job with the oil trade, but they cannot simply rest on their laurels. Iraq must provide a way for small businesses to flourish. This will be the backbone that drives more job creation for Iraqis. Small businesses will boost trade internationally and enable the dinar to become more widely traded. With the combination of the oil trade and a flourishing small business industry, Iraq can really be a position to be a major global player in the economy. It still remains to be seen how Maliki will proceed. For Iraq's sake as well as the dinar, Maliki must narrow his priorities and make concrete steps in getting things done. Small changes are better than great ideas planned. Here's the link to the original article: http://dinarprofits.com/maliki-priorities/

It's Friday afternoon...just wasting time on the internet - just saw this over on the DD site about a preview from an ebook called How to Make Money on the Iraqi dinar. Has anyone read it? Here's some text from the actual ebook: The foreign exchange market refers to the world-wide financial market of trading currency. It is a huge large market as the daily trading volume is near $4 trillion. It is also a very concentrated market as over 95% of all trades are between the seven most liquid currency pairs: EUR/USD (euro/dollar) USD/JPY (dollar/Japanese yen) GBP/USD (British pound/dollar) USD/CHF (dollar/Swiss franc) AUD/USD (Australian dollar/dollar) USD/CAD (dollar/Canadian dollar) NZD/USD (New Zealand dollar/dollar) The primary purpose of the foreign exchange market is to facilitate international trade and foreign investment by enabling businesses to convert one currency to another currency. For instance, a US business is able to pay for Japanese imports by converting US dollars into Japanese yen in the foreign exchange market. Investors also take positions on foreign currency and use the foreign exchange market to carry out their trades. The primary way trades are made is between large commercial banks, securities dealers, international businesses and national central banks. Right now, the foreign exchange markets for the dinar are the daily auctions held by the Central Bank of Iraq (CBI). Every day, banks buy and sell dinars from the CBI and the supply and demand from this process determines the exchange rate for the dinar. However, the volume of trades in these auctions pales in comparison to the volume of any of the seven major currency pairs. On any given day, the trade volume between the Iraqi dinar and the US dollar may be around $150 million. However, trade between the Euro and the US dollar is about $4 billion! It’s not even close! As a result, large commercial banks really have no incentive to deal with the dinar right now, because it is such a small market! That’s why you can’t go to your local Bank of America to buy and sell dinar and have to purchase from private dealers. Naturally, the next question is, when will banks start buying and selling dinars? There is no way anyone could time such an event, however, there are some key factors that need to be in place for the Iraqi dinar to become a majorly traded world currency ....you have to get the ebook to read more. Article from don't promote other sites:***************.com/2011/01/05/dinar-daddy-if-youre-a-dinar-investor-free-preview/

1 mill used to be $1060. Now it's $1140. Any insights?

Has anyone read this book by Daniel Carlson that don't promote other sites is talking about? It's called Make Money on the Iraqi Dinar. Any thoughts? This is what DD wrote: Most of you know Daniel Carlson, who has been a guest blogger on don't promote other sites for the past few months. Daniel has written a book called Make Money On the Iraqi Dinar. I know all of you get bombarded with information, BUT Daniel has put together a comprehensive book that gives a SOLID foundation of information about the dinar all in ONE place. This should make it easier for you when referencing all you need to in following your investment. Daniel’s book is over 60 pages long and is a great resource with DETAILED information on the next steps for the Iraqi dinar. It has data tables and graphs that show the historic values of the Iraqi dinar, goes in depth about how the dinar is valued and what needs to happen for all of us to PROFIT off the dinar. It is insightful, well researched and one of the most comprehensive dinar books I have read. His was the book I refered to over a week ago in one of my chat sessions. Daniel forwarded me an advance copy for me to critique and this is what I wrote to him in a personal email: Excellent read Daniel. I loved it! You are the ONLY person I have read along this journey that is as detailed and professional as I try to be. I love your writing style, and your mastery of the information and presentation of the material was very well done. It only further solidifies you as someone ANYONE would like to do business with. I loved it! Plain and simple, I needed to share it with you because I really was impressed with all he put into it. It’s certainly worth a look. Hmm... Here's the original post: http:/ /theiraqidinar.com/2010/12/06/dinar-daddy-my-take-on-daniel-carlsons-ebook-make-money-on-the-iraqi-dinar/

Get the gov't all seated, get rid of Chapter VII, oil trade booms - and then hopefully the dinar follows!

Ebay is ok, but personally, I like going with the dealers registered with the US Treasury and rated highly with the Better Business Bureau. Every one has their preference, mine is DinarProfits.com. Here's a link to their US Treasury registration for verification: http://dinarprofits.com/iraqi_dinar/registered/

My family and I have bought most of our dinars from DinarProfits.com. We've had excellent experiences with them. Every time we call them up, they've answered all of our questions and were all about making sure we had all the information before making a purchase. Check them out and see what you think for yourself. I think it's always good to have different options and seek them out yourself.

A government being formed in inevitable...right? I mean, Iraq has to a have a government...

thanks for posting the latest dinar and Iraq news so quickly!

As the United States withdrew its combat troops from Iraq in August, the stage was set for Iraq to take responsibility and move forward as a country. One of the concerns the international community had was how secure Iraq would be after US troops left. Although there have been sporadic violent outbursts, overall, the security in Iraq has been sustained by both the Iraqi army and the remaining US troops. However, Iraqi politicians have not done their part in forming a government. I do agree that Iraq needs to form a government themselves, but the seven month deadlock has demonstrated the need for the US and others to put more pressure on Iraq to establish a government. The political vacuum hurts every aspect of Iraq: international relations, economy, security, day to day life, the dinar and the country's morale. Which political bloc or figure has authority to make decisions? Iraq needs to have a definitive representative to promote its interests abroad. The lack of political leadership makes some foreign investors wary of how their investments will be protected. The Iraqi army can only do so much to maintain order, a strong government needs to be in place to set the direction of the country, especially in Iraq as politics fuel much of the violence. In addition, Iraq's infrastructure is lacking to say the least - electricity is still unreliable in many parts of Iraq. All of these factors contribute to a low morale within the country, which could be the last straw to set Iraq into a downward spiral. A positive morale is essential in Iraq. After the chaos that followed the toppling of Saddam's regime, followed by seven years of war, the Iraqi citizens have been through a lot, to say the least. As the March elections approached, many Iraqis had a sense of hope, but had a good dose of skepticism. The current political impasse has only exacerbated the skepticism and the Iraqi people need to see progress. Where is the new government? Where is the electricity? Where is the improved quality of life? Iraq as a country has put itself in a great economic position by auctioning off oil contracts and attracting a good number of foreign investments (although not as much as it could), but these events have yet to trickle down to the Iraqi citizens as it will take time for these opportunities to actualize. The Iraqi people deserve more than this. They participated in a democratic election - a novel concept for this Iraqi generation - and the Iraqi politicians must realize the gravity of this moment. This inaction has stalled Iraq's progress. Although Iraq is ultimately responsible for establishing their own government, this does not mean that the international community should stand back and merely watch this debacle. The United States, neighboring Middle Eastern countries and the international community as a whole must apply even more pressure on Iraq to form a government. Iraq must be reminded of, first and foremost, the people that they are serving. Iraqi politicians are still being paid while this deadlock persists - a paid vacation! They should be required to see how the average Iraqi citizen who voted for them are living. Also, Iraq needs to realize what it is missing out on, politically and economically, during this political vacuum. Iraq is a very nationalistic country and its ineptitude in producing strong leaders that can guide a country back to prominence should be embarrassing. Iraq has a lot of lose right now, but so do the United States and the global community as a whole. It's about time they all started acting like it. As seen on: http://dinarprofits.com/dinar-news/put-more-pressure-on-iraq/

Article about Allawi: In continuing profiling the prominent politicians of Iraq, let's continue with Ayad Allawi. Allawi has had a very adventurous political career, which has been marked with many assassination attempts. Trained as a medical doctor who has lived mostly in exile, Allawi brings a varied background to the table. Allawi won the March elections and has adamantly refused the notion that anyone else but him should be the next prime minister. Let's take a look into Allawi's background and see what he would be like as the next prime minister of Iraq. Allawi joined the Baath party in the 1950s and soon became frustrated by the growing power of Saddam Hussein. In 1971, Allawi left Iraq to study medicine in London and began to coordinate plans to overthrow Saddam. Saddam finds out Allawi is involved in the planned coup and an attempted assassination in London leaves Allawi in the hospital for one year. Allawi then travels around the Middle East and secretly meets with rebel Iraqi leaders in hopes of overthrowing Saddam. Allawi forms the Iraqi National Accord to counter Saddam, but Saddam exerts his force and 30 military leaders associated with the INA are executed and more than a 100 are arrested in 1996. After Saddam is overthrown in 2003, Allawi becomes the interim Prime Minister of Iraq. Allawi was supported by the U.S. as Iraq's prime minister, but his administration was marked by corruption and a lack of leadership. During his role as prime minister, one billion dollars had been stolen from Iraq's defense ministry and in addition, 500-600 million dollars disappeared from the electricity, transport and various other ministries. This could explain why Iraq has had such difficulty with providing reliable electricity to its people. Allawi was also known for his emphasis on security and military prowess. Allawi has grown his support as a secular Shi'ite by pushing a secular and nationalist agenda appealing across many sects that divide Iraq. Furthermore, he has positioned himself as a leader who seeks out international relations as he has traveled extensively to Saudia Arabia, Syria, Lebanon and throughout the Middle East. It remains to be seen how Allawi will lead Iraq if he gets the chance to do so. He has a lot of history, both concerning and promising as it is necessary for Iraq to cooperate with the international community. Only time will tell. From: http://dinarprofits.com/dinar-news/who-is-ayad-allawi/

informative info. where was this originally posted?

http://www.dinarprofits.com

insights from Daniel Carlson of ************** When most of us think about the country of Iraq, we think about the War in Iraq, oil, Saddam Hussein and perhaps even terrorism. Needless to say, we don’t think of Iraq as a vacation destination. Even if we have a desire to visit the Middle East, places like Egypt, Dubai and Israel come to mind, not Iraq. Iraq must make tourism an important industry not only to boost the dinar and their economy, but also to improve international relations. Iraq has so much history and culture that could be leveraged to attract tourists. The historic Tigris and Euphrates Rivers are located in Iraq and the region between the two rivers, Mesopotamia, is known as the birthplace of civilization. Mesopotamia was the home of the most sophisticated, ancient civilizations where writing and the wheel was invented. It was also known for its mathematical advancements, including the establishment of the 60 second minute, 24 hour day and the 360 degree circle. In addition, the National Museum of Iraq has some of the oldest ancient Iraq artifacts. Iraq has points of interest that could thrive as tourist attractions, which it should promote and develop to be an additional source of revenue. Tourism in Iraq will never be a revenue source to the scale like its oil trade, but it will help diversify Iraq’s economy and strengthen the dinar. As tourists come into Iraq, they must use Iraqi dinars to pay for hotels, food and souvenirs. Tourism will increase the demand for dinars and it will introduce Iraq and the dinar as potential investment opportunities to more people. To most of us, Iraq is an unknown land, we only know about the wars and instability – a thriving tourism industry would change that. In addition, tourism would have a positive impact for Iraq’s national identity as Iraq will be showcasing its country to the rest of the world. Tourism could spark a sense of pride and nationalism for Iraq and motivate the entire country to invest, develop and protect its assets and preserve its historic landmarks. Tourism in Iraq will improve international relations, which will attract more foreign investment and better trade partners. Iraq is already a place with exciting investment opportunities and a bustling tourism industry would attract even more commitments to build attractions and bolster the service industry. Especially since a tourism industry is almost non existent in Iraq, think of the infrastructure that is lacking. More hotels, more restaurants, theme parks, souvenir shops and small businesses will be in need. This means more money into rebuilding Iraq and more importantly, domestic opportunities for employment and construction projects for Iraqi citizens. In addition, a positive externality to tourism would be improved relations between Iraq and other countries. As foreign citizens have good experiences with Iraq, a relationship will develop. More and more foreign citizens will visit. Private individuals may chose to invest in Iraq. If a positive and mutually beneficial relationship develops between foreign citizens and Iraq, in the long run, this could mean better trade arrangements on a government level. This is particularly important as Iraq must be strategic about its oil trade relationships. Tourism in Iraq is the future, however, there are still many issues that must be resolved before it can truly thrive. The most important being security. Tourists must feel safe traveling and staying in Iraq. Even if Iraq has the world’s greatest attractions, without security, Iraq will never be a main stream tourist destination. However, if Iraq can find a way to create a safe, fun and friendly tourist destination, it would significantly improve its image and those benefits would trickle down to strengthen the Iraqi dinar.

When I first started buying dinar, I checked out multiple places so that I could find the right place . The price differences between the top places are pretty negligible to me, I'm all about doing business with the right people and a legit company - not just a place where I can find the cheapest dinars. After all that - http://www.dinarprofits.com was the best place for me. I do business with Daniel and he always answers my questions and gets my orders taken care of. I go back to them all the time and he gives me free shipping and I get free dinars for referring customers when they mention that I sent them. Anyway, I'm definitely a fan of Dinar Profits. Who do you guys think has the best customer service?

yeah - daniel was really helpful for me as well, pick up a couple of mil from http://www.dinarprofits.com. he also explained why you can't buy dinars with credit cards - it was a terms of service issue with the credit card companies.

Actually, http://www.dinarprofits.com price for 1/2 mil is not that - also, if you look at their site - their 1 Mill price is $1,072.50.

The Future of the Iraqi Dinar The political impasse in Iraq has been frustrating for all parties involved, particularly Iraqi citizens. The Iraqi people have been frustrated by the lack of leadership by all sides to come together to form a unified government that will work for the benefit of Iraq as a country. It has been five months since the March 2010 elections were held, a landmark achievement for Iraq. However, no formal government has been established. The deadlock primarily between Nouri al-Maliki and Ayad Allawi as to who will take over the premiership and have the first chance to form a government has stalled all political progress. In addition, there have been some concerns about the stability of Iraq as U.S. troops withdrawal to a non-combat level by the end of August 2010. As Iraq embarks on a new chapter, the Iraqi dinar has been a widely discussed topic. Many Iraqi dinar speculators have invested in the dinar to take advantage of its historically low value. Currently, the exchange rate according to the Central Bank of Iraq is 1,170 Iraqi dinars to 1 US dollar. This is in stark contrast to historically high values before the Gulf War of around 1 Iraqi dinar to 3 US dollars. However, these low values have made the Iraqi dinar an enticing and exciting opportunity. Dinar speculators are looking forward to Iraq stabilizing as a country and waiting for the Iraqi dinar to be on the open market. Currently, Iraqi dinars can only be purchased from private dealers like Dinar Profits since commercial banks have stopped carrying the dinar. Since the dinar is not listed on a foreign exchange, banks do not have an urgency to carry the dinar. Dinar investors are waiting for the dinar to be publicly traded so that market forces will determine the value of the dinar. So the question is, when will the Iraqi dinar be publicly traded? No one knows exactly when this will happen, however, there are some key events that one can look as indicators. First of all, a formal, stable government needs to be in place. Part of the reason why commercial banks have stopped transactions with the dinar (dinars were last available at commercial banks around 2004-2005) is because of Iraq's instability as a country. After the fall of Saddam Hussein in 2003, Iraq has been strife with war, violence and insurgency. The war in Iraq has progressed to a point where U.S. troops are pulling out to non-combat levels by the end of August 2010. However, even after the historic elections in March 2003, no government is in place. Without a formal government in place, the banks view the Iraqi dinar as unstable. In addition, it is yet to be seen how Iraq's future will be shaped after the U.S. troops pull out. First, when will a government be formed? The next question, might be the most important question - will Iraq be able to protect and secure its borders and infrastructure after U.S. troops leave? There have been concerns that Iraq does not have the man power, resources and training to protect its country in a region littered with missiles and territorial aggression. Forming a government is the first step, but will Iraq be able to support a safe and stable environment for its people to thrive? The value of the Iraqi dinar is directly tied to the strength of Iraq. It will be up to Iraq and the international community to support Iraq in this critical time to provide infrastructure and basic needs for Iraqi citizens and Iraq as a whole to prosper. As seen at: https://www.dinarprofits.com/iraqi-dinar-info/future-of-iraqi-dinar/

As the U.S. military continues to pull out of Iraq analysts say the withdrawal will be a boost for the private security industry. Private security employees will defuse explosives and provide armed response teams. “They [private security contractors] are going to have to do everything that we expect soldiers to do without going out on patrols to engage the enemy,” says one former industry insider. An increase of mercenaries will become especially important for the State Department, as it will remain unable to provide the necessary security for postwar security, which include clearing travel routes and driving armored combat vehicle. However, there are some concerns that mercenaries do potentially increase the chances that “people acting in the name of the U.S.…can get the U.S. involved in perceptions of misconduct,” says a spokesman for a private security company. Postwar security and stability is very important for the Iraqi dinar as currency is directly tied to the strength and viability of a country. source: https://www.dinarprofits.com/iraqi-economy/private-security-increase-iraqi-dinar-news/

Iraq will require continued U.S. military support for potentially up to another decade to defend its borders because the Iraqi army will not be ready when American troops leave at the end of 2011, according to U.S. and Iraqi commanders. While commanders are confident in Iraq's ability to maintain internal stability, they are concerned about their capacity to protect against attacks from other nations. The gravest concern is Iraq's inability to defend its airspace in a region with many missiles and plans that threaten to wreak havoc. An Iraqi Ministry of Defense strategy document predicts that Iraq won't be capable of securing its borders until 2020, said the chief of staff of the Iraqi armed forces, Gen. Babakir Zebari. It is impossible to predict whether U.S. forces would stay beyond the deadline with so many unpredictable factors. The issue is politically sensitive in both Washington and Baghdad. Much will depend on what the future Iraqi government looks like. It is important for both Iraq as a country and for the Iraqi dinar that the Iraqi government be able to maintain peace and order within its own country and region as seen at: https://www.dinarprofits.com/iraqi-politics/iraq-needs-help-defending-borders-iraqi-dinar-news/

ahh - is this credible? saw the same report: https://www.dinarprofits.com/iraqi-politics/maliki-govt-soon-iraqi-dinar-news/ don't really know if we should believe maliki, but i hope it's true!

I've bought some 5K notes from http://www.dinarprofits.com. I like holding the different denominations. Also, I know they have 1K notes as well.