Bluewaters2u

this was actually a very good post and fast Q & A by Medic, good job Med...no change pokerplayer in med, u just have to read between the lines and not how he puts it, he confirmed some things that i have been following as well...Blue

Very well writen and explained netinfo. it takes a brave man to come clean and for the reasons you have i can fully understand. im sure from your statement that you will be very welcomed into chat and any discussions regarding this investment as well as your thoughts on the current and future news. bravo my friend and welcome out from the closet so to speak....Blue

David, u need to set up your profile to receive messages, i am also interested in seeing what your writing about. thxs 4 sharing...blue

you are very so correct, this has been discussed for the past year at least, and before everybody gets so excited here, you need to re-read what was said, they are just talking and passing memo's. but at least its good deeds in the right direction and they have made their way to the right parlor of UNSC politic's. but, we still have a high road to travel to get this done thru this narrow road traveled. Iraq has always been known to post premo info before they actually have a deal as to hopefully put pressure on those that they are in talks with. silly but effected measure at times. And Kuwait is no longer a problem, they have other major concerns with the future of Iraq and have already forgiven their debt and are very eager to see Iraq join the WTO and revalue their currency and take their place on the thrown of the Arabs United Kingdom... the word is out after all the Oil contracts were signed and Dubai fall apart at the seems...IMO...blue(PS) tried to use the spell check before posting but it failed me, so i was compelled to repost with my corrected spelling for you spell freaks.

you are very so correct, this has been discussed for the past year atleast, and before everybody gets so excited here, you need to re-read what was said, they are just talking and passing memo's. but atleast its good deeds in the right direction and they have made thier way to the right parliar of UNSC politic's. but, we still have a high road to travel to get this done thru this norrow road traveled. Iraq has always been known to post premo info befor they actually have a deal as to hopefully put presure on those that they are in talks with. silly but effected measure at times. And kawait is nolonger a problem, they have other major concerns with the furture of Iraq and have already forgiven their debt and are very eager to see Iraq join the WTO and revalue their currency and take their place on the thrown of the Arabs United Kingdom... the word is out after all the Oil contracts were signed and Dubai fall apart at the seems...IMO...blue

lol...Joke or not, it was cool ....sure put a smile on my face !!!

"Twenty years from now you will be more disappointed by the things you didn't do than by the ones you did. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover." --Mark Twain What a great thread Adam, Im good for one post a day...Blue

Iraq is the year 2009 with distinction in the implementation phase of entering Iraq's oil ambitions to produce 12 million barrels of oil a day, after signing oil contracts with international companies, worth $ 100 billion, will bring the country $ 200 billion annually.. The year also saw the start of the implementation of the strategies, the first to promote agriculture as the second source after oil, and the second to reduce poverty rates, in addition to preparing an ambitious budget for 2010, and the signing of agreements and memoranda of understanding with several countries in the world to expand economic and trade relations with them. . WASHINGTON, London: The year 2009 with distinction in Iraq Iraq's entry into the implementation phase of the oil ambitions to produce 12 million barrels of oil a day, after signing oil contracts with international companies, worth $ 100 billion, will bring the country $ 200 billion annually. كما شهد العام بدء تنفيذ. The year also saw the start of the implementation of the strategies, the first to promote agriculture as the second source after oil, and the second to reduce poverty rates, in addition to preparing an ambitious budget for 2010, and the signing of agreements and memoranda of understanding with several countries in the world to expand economic and trade relations with them, but the fight against corruption has stalled , because of their magnitude, and the involvement of senior officials Pfdhaihaa. Seen last days of the signing of Iraq oil contracts for investment in and development of 10 fields across the country at a cost of $ 100 billion to increase production to 12 million barrels per day during the next six years Con't. reading the whole story here. its worth reading !!!!...Blue http://translate.google.com/translate?hl=en&sl=es&tl=en&u=http%3A%2F%2Fwww.free-pens.org%2F&anno=2

I totally agree with that post....waisted money unless they can put the trained people in place to maintain and support these projects....its all part of the building blocks that will take time to keep them manintained over time and Iraq needs to step up their personal to keep those projects going. they don't seem to me ready for such high level of Construction projects as whats being built for them, but we will see. Blue

Very nice find here XXX, worth saving into archives and re- reading the 2nd half a few times..

thats so funny to see this here, a friend of mine and myself were just debating this issue on facebook the other day.

As much I hate to see someone promise a RV based on intel that never seems to pan out, I must agree with you here, Sonny just shared info that he said was not from him directly but indirectly from his source in Iraq, Maybe he needs to find new sources. Adam seems to get the same boot from folks here, I have never seen Adam promish a date or rate, and his trip to Dubai as he stated in the very beginning was nothing more than to meet his contact eye to eye, and see if he could get any more info from this personal meeting, and did get some strong thoughts from his CBI contact, maybe not what some was hoping for but he did get some good info that he shared, its just so Dang sad that peeps have to so dang rude to these guys, enjoy the journey and learn from those that have good info and are well informed fromtheir Investment, Rumors are fun and can be over sold, but follow the news and events that are taking place with Iraq, this will lead to the RV. but not in our time but in Iraq's time. ok then...JMO....Blue

didnt these guys get into a whole lot of trouble? I seem to recall the FBI had warrents out for the master minds of this group out of Vero Beach Florida. Maybe i am confused with a another group called the same Sebastian River Holdings ...ummm, let me Google this Group and see what i can dig up.....

Thats a good question, OPEC has stated in earliar this year that their goal was to achieve a average or stable Oil price of $70 pb, now of course they have achieved this many months ago, but one of the concerns that would be if OIL went to $150 again is that it would effect the USD, but however it would also help the IQD too, the problem is that when it hit the $150 is that many country's raised their annual Bugets and this caused a major problem when oil went back down to the $40.00pb, I think they all have learned the lesson here and have had to of course adjust their budgets to a much lower amount, now the last Iraq budget was at $50 pb and if they are smart on this new round of budget meetings for the upcoming year they will not raise it that much. Russia took the biggest hit on this as they still maintain a annual budget of near $90 plus pb. But as a rule when Oil rises in price the USD value declines due to of course that we import 50% or more of the worlds oil production....hope this in its long way around answered your question...BlueKnowledge is empowering and provokes ones thought process to post an opinion on the subject at hand. Empower yourself to research and feed your wisdom towards an educated opinion that gives merit to thought.....And always be true to yourself 1st.....Blue

yes, you are on the right track, lol.. i have been waiting for someone to come up with the correct thought. good job, Most of all the Country's will hold their Dinar exchanged in their Country's held in their Central Bank for purchase of Oil and will use the IQD to help shore up their Foreign Currency reserves as well to help increase their own currency value's, thats how a country backs their Currency with a 25 to 35% reserve of a basket of Gold and Foreign Currency's. They will also use the IQD for the future purchase of Oil and Natural Gas from Iraq only when they have too....BlueKnowledge is empowering and provokes ones thought process to post an opinion on the subject at hand. Empower yourself to research and feed your wisdom towards an educated opinion that gives merit to thought.....And always be true to yourself 1st.....Blue

This an exceprt of an article posted today in the "Globial Polictician If your not sure of your Investment into the IQD, then think again and read the total article, but this is the main thing i wanted you to understand, however the report has some very good thoughts on the whole idea of what its all about. very good reading. "(Assuming) the level of Iraqi reserves at 250 billion barrels and recovery rates at 50% (both very conservative estimates). Under those conditions, recoverable Iraqi oil would be worth altogether about $3.125 trillion. Assuming production costs of $1.50 a barrel (a high-end figure), total costs would be $188 billion, leaving a balance of $2.937 trillion as the difference between costs and sales revenues. Assuming a 50/50 split with the government and further assuming a production period of 50 years, the company profits per year would run to $29 billion. That huge sum is two-thirds of the $44 billion total profits earned by the world's five major oil companies combined in 2001. If higher assumptions are used, annual profits might soar to as much as $50 billion per year." The country has almost no deep wells, preponderant in Iran, for instance. Though the cost of production is around $1-1.5 per barrel, one tenth the cost elsewhere - while Texas boasts 1,000,000 drilled wells, Iraq barely sports 2000. The Department of Energy's report about Iraq concludes Q: Under the Obama administration, what will be the future of Iraq? What are the possibilities that you expect? It is wrong to believe that the long-term policies of the United States change with every new administration. As Obama is discovering now, many of the measures implemented and decisions taken by George Bush were unavoidable and must be continued. The same applies to Iraq: for public opinion and pecuniary reasons, the USA is seeking to withdraw the bulk of its troops, while working with and maintaining a largely friendly regime there. This is untenable. Geopolitics does not suffer a vacuum: as the presence of the USA diminishes, the void will be filled by Islamist militants and fundamentalists, sectarian and secessionist operatives (including Kurdish ones), other foreign powers (Russia and China come to mind), and rampant organized crime gangs. Finally, a new Saddam Hussein is likely to emerge, replete with a promise to restore law and order to the territory. The West will support him out of fear that, if it doesn't, Iraq will implode. If you would like to read more on these thoughts and get a real grip as to what is going on in Iraq read this Q & A put together on this this Link, Every Iraq dinar investor should read this.... Blue LINK: http://globalpolitician.com/26112-iraq-kurds-israel-kirkuk-oil "Knowledge is empowering and provokes ones thought process to post an opinion on the subject at hand. Empower yourself to research and feed your wisdom towards an educated opinion that gives merit to thought.....And always be true to yourself 1st".....Blue

this is a very interesting news post. the gulfo is the new GCC currency, but they didnt give a target price this time. im sure it will still be near 2.66. , I also have been looking for the cuenncy par to take place, no mention of this as well. so we shall see what comes out of this. they dont seem to confident in the USD now do they.....ummm......Blue Knowledge is empowering and provokes ones thought process to post an opinion on the subject at hand. Empower yourself to research and feed your wisdom towards an educated opinion that gives merit to thought.....And always be true to yourself 1st.....Blue

http://www.timesoftheinternet.com/138145.html KUWAIT CITY (AFP) -- Energy-rich states of the Gulf Cooperation Council do not feel threatened by Iraq's plans to massively expand its oil production, Kuwait's foreign minister said on Tuesday. Iraq has awarded a number of contracts to international oil companies with the aim of boosting its crude production from the current 2.5 million barrels per day to above 10 million bpd during the next several years. "We are not threatened by Iraq's plans to expand its oil production," Sheikh Mohammad al-Sabah, whose country is the current president of the GCC, told a press conference. , said his country's oil output would reach 12 million bpd within the next six years, up from the current 2.5 million bpd, based on all the contracts it is negotiating. At 115 billion barrels, Iraq has the world's third-largest proven oil reserves, behind only Saudi Arabia and Iran. Oil sales provide 85 percent of government revenues. Saudi Arabia, which holds the world's largest oil reserves at 262 billion barrels, has a production capacity of just over 12 million bpd and is currently pumping around eight million bpd. Oil revenues contribute more than 80 percent of total income for most Gulf states and as much as 95 percent in states like Kuwait. The GCC alliance is made up of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates The six-nation Gulf bloc, which boasts around 45 percent of proven global crude reserves and as much as a quarter of the world's gas resources, pumps around 15 million bpd, or just under one-fifth of world consumption. Iraq on Saturday awarded oil contracts to foreign giants at an auction it hopes will hike output to 12 million barrels a day and put it on a par with the world's top exporter Arab neighbour Saudi Arabia Its oil minister, Hussein al-Shahristani Knowledge is empowering and provokes ones thought process to post an opinion on the subject at hand. Empower yourself to research and feed your wisdom towards an educated opinion that gives merit to thought.....And always be true to yourself 1st.....Blue

Iraq is in the center of Attention, but in a positive way now... thats awesome Every world country now wants to be Iraq's close friend, and even more so with the Arabs nations, except maybe Iran....

A research junkie's paridise

Iraq set to be second in oil league tableBy Carola Hoyos December 14, 2009 -- Updated 1028 GMT (1828 HKT) http://edition.cnn.com/2009/BUSINESS/12/14/iraq.oil/index.html?section=cnn_latest (FT) -- Iraq is on course to overtake Iran as the holder of the world's second-largest proven oil reserves, solidifying its position as the energy industry's new frontier in the scramble to secure fresh resources. Baghdad agreed on Friday to deals with Royal Dutch Shell and China's CNPC for two large oilfields, following on from similar accords with ExxonMobil, Eni and BP . On Saturday, Lukoil sealed a deal on the West Qurna field. Consultants who have analysed the agreements struck by Baghdad said the contracts underlined the companies' confidence that they would be able to use modern seismic and drilling technology to get far more oil out of the fields than had previously been thought possible. Iraq's proven reserves now stand at 115bn barrels, below Iran's 137bn and Saudi Arabia's record 264bn. But Iraq's reserves data dates from the 1970s, before the improvements in technology that transformed the industry. Raad Alkadiri, an Iraq expert at PFC Energy in Washington, said the companies offered Iraq very good terms in the deals because they believed that the oilfields held more recoverable oil than was commonly assumed. A second consultant, Falah al-Khawaja, who spent 41 years working in Iraq's oil sector before becoming an independent consultant, calculated on the basis of the bids that Iraq would overtake Iran in proven reserves in three years. "These are not small companies. They have been studying Iraq for some time," he said. Mr Alkadiri warned that the resurgence of Iraq as a significant oil producer would cause problems within Opec, as the oil cartel would eventually have to reduce the production quotas of many of its members to accommodate Iraq. Iraq's quota has not been enforced since UN imposed sanctions in the early 1990s. However, if Iraq's reserves rise, Opec's gentleman's agreement that sees Iraq's quota not exceeding that of Iran will come under pressure to be changed. "The Iraqis are making it clear that they no longer see themselves in parity with Iran. They are eyeing themselves being potentially on par with Saudi Arabia," Mr Alkadiri said. On Saturday, Hussein Shahristani, Iraq's oil minister, took a diplomatic tone saying: "Iraq is a very active member of Opec. We will be coordinating with its effort to make sure Iraq and all other countries can maximise the revenues from oil sales." However oil company executives and other Iraqi officials believe Iraq will do well to be able to pump 7m-10m barrels a day within the next seven to 10 years. But before that occurs, much still has to happen, including the ratification of these latest deals by the Iraqi cabinet, the repair of civil infrastructure, such as roads bridges and hospital and the revamping of ports, pipelines and other oil facilities critical to allowing any new oil pumped by international oil companies to be exported. Iraq's general elections in March will also be a critical milestone in the development of the fields because a new government could either be friendly or hostile to Iraq opening up its most important industry to foreigners. He also said Iraq will not necessarily produce oil at full capacity when the deals it is negotiating with global majors take its crude output potential to 12m barrels a day Iraq's oil auction saw Royal Dutch Shell and Malaysia's Petronas win the right to develop Iraq's giant Majnoon field after they promised to boost its production to 1.8m barrels a day from just 46,000 b/d today. The deal's terms suggested that Iraq pays $1.39 for each incremental barrel of oil -- a very low fee that reflected the fierce level of competition, analysts said. The latest deal of the auction came on Saturday with Lukoil of Russia winning the rights to develop Iraq's giant West Qurna field, which the company has been lobbying to be able to work on since the time of Saddam Hussein. The partners in the development will be Total and Petronas. The group said it would accept a remuneration fee of $1.15 a barrel and projected a plateau production target of 1.8m barrels a day. The two-day auction was deemed an overall success for Iraq because it managed to garner good financial terms for its biggest fields. But the auction also showed that oil companies were not willing to compete for deals to develop Iraq's smaller fields and those in more dangerous locations. These latest awards come in addition to three big agreements Iraq has made with ExxonMobil, Eni and BP. In total oil companies have now pledged to boost within the decade Iraq's production by 7.3m b/d to nearly 10m b/d, more than Saudi Arabia produces today. If I am understanding the current Oil production is at 46,000 bpd, then we are not close to a higher RV, it will be low and on a Float until their Oil production can reach the 1.8 million goal and then you may see the 2.66 Dinar value...JMO....Blue

Here are a few reason's why i thought my investment in the Iraq Dinar wasn't has much as a high gamble or high risk, but more of an opportunity to invest in something i thought from my research would be as sound or more so than anything out there to invest in. whats your opinion from just a few of these facts below..... Iraq has 28 known commodities needed by the World...and with Saddam in the way, kinda like Castro over Cuba; they could not advance in the World where they need to be now. They say just the Dates from the Date Palms that they produce, if advanced and put back in full production, could cover the country's yearly budget. *Iraq is known as the third largest Oil Reserves in the World, some say second, but; with new technology, and with the decline in availability from Saudi Arabia, it could very well become first. Not to mention it's vast Natural Gas Reserves, which may be first in the World, or soon to be. *Iraq has a vast amount in gold and other precious metals, much already in Banks for Reserves, much still to be mined. This does'nt include the other valuable metals & gems that are known to exist there. *Iraq has the most fertile Agricultural Land in the Region/Middle East. If managed properly, could supply many parts of their Region and the World with Food. *Iraq has the most abundant Water Supply in the Region/Middle East, with the Tigris & Euphrates Rivers running through it, which also helps in moving goods to and from the country, as well as supplying Industry, Agriculture & the General Populace. World pre war debt release, 90% all debt has been wiped out in the last year...Huge!!!! $120 Billion worth of Debt forgivness.They have come a long way and it is getting better by the day! It's amazing how Iraq have done a u turn over the last 5 years (with all the other global countries going the other way) and they are now getting to a point where they are/will be 'the big boy' with very little downturn in their wealth of the country. CBI: ( Central Bank of Iraq) "Monetary value of the Iraqi dinar must revert to the previous level, or at least to acceptable levels as it is in the Iraqi neighboring states". . And that was $1-US vs $3.49-Dinar.....And from what i have been seeing in the last 3 years after getting into this investment, i think we are on the way to same currency levels once attained pre-war (maybe around the GCC goal of $2.66) as surrounding Arab countries are currently enjoying. One thing is for sure, they are lining their ducks up for this in the very near future. Maybe not until their oil producion Levels reach 2.5 Million or more BPD. They have projected to have the most Oil in the intire region, this could very well put Iraq and their currency value well over the top of their neighboring Arabs statis que. So, there you have it, just a few reasons why i invested in the Iraq Dinar, and of course these are just a few pointed out reason, there are many more than i wanted to list, sorry, this one is a little long, but i tried to share with you what i was and cont. to think this going to be a great investment in my future. One can only hope so.....Blue

Iraq and Arab: The most availble data with news sites to research and Abbrevations 4u This is the best stuff put together here to help you understand the abbr. and their meanings with Links to guide to more info, Enjoy it...Blue Article VII/Chapter VII http://www.state.gov/r/pa/prs/ps/2008/dec/112864.htm CBI-Central Bank of Iraq http://cbi.iq/index2.htm Shabs, Shabibi = Governor of CBI DFI-Development Fund for Iraq http://www.cpa-iraq.org/budget/DFI_intro1.html http://www.globalpolicy.org/security...q/dfiindex.htm GCC – Gulf Cooperation Council http://www.globalsecurity.org/milita...d/gulf/gcc.htm GOI-Government of Iraq MoF-Minister of Finance MoO-Minister of Oil MoT-Minister of Transporation CoM-Counsil of Ministers PRT-Provinicial Reconstruction Team HcL-Hyrdocarbon Law http://en.wikipedia.org/wiki/Iraq_oil_law_(2007) http://www.theglobeandmail.com/servl...ry/energy/home http://www.usip.org/pubs/usipeace_br...drocarbon.html IAMB-International Advisory and Monitoring Board for Iraq http://www.iamb.info/ IIF - Investors Iraq Forum http://investorsiraq.com/ IMF-International Monetary Fund http://www.imf.org/external/index.htm DV - DinarVets http://dinarvets.com/forums/showthread.php?p=17679#post17679 IQD-Iraqi Dinar ISF-Iraq Security Forces Wikipedia (Links) Military_of_Iraq ISX-Iraq Stock Exchange http://www.isx-iq.net/ KRG-Kurdistan Regional Government http://www.krg.org/ NATO-North Atlantic Treaty Organization http://www.nato.int/ OPEC-Organization of Petroleum Exporting Countries http://www.opec.org/home/ Petro-Dinars-(Money, Dollar) http://www.nilemedia.com/Columnists/...05/May/Is.html Wikipedia (Links) Petrodollar http://www.latimes.com/news/nationwo...,3564357.story UNAMI-United Nations Assistance Mission to Iraq http://www.uniraq.org/ UN-United Nations http://www.un.org/english/ UNSC-United Nations Security Council http://www.globalsecurity.org/wmd/li...23-rferl01.htm http://en.wikipedia.org/wiki/United_...esolution_1441 USD-US Dollar WB-World Bank http://www.worldbank.org/ WTO-World Trade Organization http://www.wto.org/ CoR - Council of Representatives Another Link for CoR INOC - Iraqi National Oil Company Part of the Hydrocarbon Law (HCL) Package which includes HCL Framework Law, Revenue Sharing Law (RSL), Iraqi National Oil Company Law (INOC) and Ministry of Oil Law (MinOil) RSL - Revenue Sharing Law Part of the Hydrocarbon Law (HCL) Package which includes HCL Framework Law, Revenue Sharing Law (RSL), Iraqi National Oil Company Law (INOC) and Ministry of Oil Law (MinOil) ( Has been incorporated into the oil and gas law) Shura Council Part of the Iraqi Ministry of Justice . Designed to validate laws passed by CoM are inaccordance with the IRaqi constitution, and not contradictory to exisiting laws. ISC - Iraq Securities Commission An independent public commission that oversees the activities of licensed securities markets including the Iraq Stock Exchange (ISX). It is the equivalent to the Securities Exchange Commission or SEC in the US. English: http://www.isc-iq.org/ing%20isc%20site/index.html Arabic: http://www.isc-iq.org/members.html

Florida dinar holder here. 3 years in. I would rather be fishing but im here.

I did the same in Gainesville, FL. at BofA, the book is called the red book i think, and comes out once a year. this is the 1st time the IQD has appeared in the book in over 6 years. its a great feeling to see this in the book. its just a matter of time.