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Phoenix

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Phoenix last won the day on June 5 2011

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  1. Busted. 1. I have only held IQD for 4 years. 2. Post one single link showing I have ever called a date or rate on the RV...you can't...because I have not. 3. I always say and always have said "date and rate classified". 4. You are troll and a nut case who has obvious emotional issues and do nothing but disrupt the free flow of information on this forum. I suspect you are a dealer of IQD or someone close to a dealer of IQD. You are a disruptive troll that needs to be banned. Phoenix
  2. 1. This is not a rumor, this is not speculation. This is United States law that goes into effect July 15th 2011 Link: http://thomas.loc.gov/cgi-bin/query/z?c111:H.R.4173: 2. The only prediction I have ever made on this forum was over one year ago and that was that the next Prime Minister of Iraq would be Maliki. If you have not noticed who the current Prime Minisister of Iraq is you may want to check. 3. You Slade are the biggest jack@ss on this forum and add nothing of value ever and it is obvious you have mental problems. Phoenix
  3. One more time so it is not missed by anyone: IMHO...just my speculation....I think this is good. Why? Because after the soon to happen revaluation of the Iraqi Dinar the word of this sudden wealth will travel far and wide. The throngs of people who thought it was all a scam and who were told to invest and did not will suddenly also want to jump on the OTC (Over the Counter) forex in hopes of hitting it big also. So what is now a some what small and exotic breed of investing will have over night stardom with the stories of the over night "rags to riches" of people from all over. This would cause a rush of liquidity and wild speculative investment into the OTC exotic currencies. The currency dealers and the banks would be flooded with people trying to hit it big like their friend or family member did. So I think this act is in anticipation of that very effect that would be disruptive to the liquidity flow within the US. The OTC currency market would be the new lottery play and every scammer and huckster around would be hawking exotic currency as the "next Iraqi Dinar" So....I think this bill is being put in place AFTER the fact of the IQD revalue. That is my personal take on this. And if i am correct. Every single one of you are lucky beyond your wildest dreams and will be known as the lucky ones who hit it big before the law was changed. Best of luck to all!~ I think this is good news...and a "tell" of how close we are. IMHO Phoenix
  4. IMHO...just my speculation....I think this is good. Why? Because after the soon to happen revaluation of the Iraqi Dinar the word of this sudden wealth will travel far and wide. The throngs of people who thought it was all a scam and who were told to invest and did not will suddenly also want to jump on the OTC (Over the Counter) forex in hopes of hitting it big also. So what is now a somewhat small and exotic breed of investing will have over night stardom with the stories of the over night "rags to riches" of people from all over. This would cause a rush of liquidity and wild speculative investment into the OTC exotic currencies. The currency dealers and the banks would be flooded with people trying to hit it big like their friend or family member did. So I think this act is in anticipation of that very effect that would be disruptive to the liquidity flow within the US, The OTC currency market would be the new lottery play and every scammer and huckster around would be hawking exotic currency as the "next Iraqi Dinar" So....I think this bill is being put in place AFTER the fact of the IQD revalue. That is my personal take on this. And if i am correct. Every single one of you are lucky beyond your wildest dreams and will be known as the lucky ones who hit it big. Best of luck to all!~ I think this is good news...and a "tell" of how close we are. IMHO Phoenix
  5. I never said it will be worthless. But if you do not qualify as a QEP you cannot exchange them. That is what the law says. Those are not my words or thoughts....that is straight from the law. Phoenix
  6. Already voted on and passed. Will go into full effect as of July 15th. I have my ideas on this and think it is a good thing. Chances are high that this will not have any effect on the IQD revalue as long as the revalue happens before July 15th. Lookin good IMHO Phoenix Section 413(a) Section 413(a) of the Act alters the financial qualifications of who can be considered an accredited investor, and thus a qualified as eligible participant (“QEP”). Specifically, the revised accredited investor standard includes only the following types of individuals: 1) A natural person whose individual net worth, or joint net worth with spouse, is at least $1,000,000, excluding the value of such investor's primary residence; 2) A natural person who had individual income in excess of $200,000 in each of the two most recent years or joint income with spouse in excess of $300,000 in each of those years and a reasonable expectation of reaching the same income level in the current year; or 3) A director, executive officer, or general partner of the issuer of the securities being offered or sold, or a director, executive officer, or general partner of a general partner of that issuer. "So if you do not fit the above definition as a QEP it will be against the law for you to exchange Iraqi Dinar or any other foreign currency in a large amout at a bank or with a currency exchange as of July 15th 2011".
  7. No where in any EO does it say that. The Iraqi Dinar nor the investing of same was never mentioned in any Executive Order ever. That was one of the first successful dealer pumps. Phoenix
  8. All gold and silver and FOREIGN CURRENCY Over the counter transactions will be illegal if you are not qualified as an investor as of July 15th 2011 Note: The definition of an Over the Counter Forex transaction is the buying or selling of a large amount of physical currency at a bank or currency dealer. Small travel related currency transactions are exempt and not seen as an OTC Forex transaction and will be allowed. From: FOREX.com <info@forex.com> Date: Fri, Jun 17, 2011 at 6:11 PM Subject: Important Account Notice Re: Metals Trading To: xxx Important Account Notice Re: Metals Trading We wanted to make you aware of some upcoming changes to FOREX.com’s product offering. As a result of the Dodd-Frank Act enacted by US Congress, a new regulation prohibiting US residents from trading over the counter precious metals, including gold and silver, will go into effect on Friday, July 15, 2011. In conjunction with this new regulation, FOREX.com must discontinue metals trading for US residents on Friday, July 15, 2011 at the close of trading at 5pm ET. As a result, all open metals positions must be closed by July 15, 2011 at 5pm ET. We encourage you to wind down your trading activity in these products over the next month in anticipation of the new rule, as any open XAU or XAG positions that remain open prior to July 15, 2011 at approximately 5:00 pm ET will be automatically liquidated. We sincerely regret any inconvenience complying with the new U.S. regulation may cause you. Should you have any questions, please feel free to contact our customer service team. Sincerely, The Team at FOREX.com This also applies to most retail OTC forex transactions - that is trading in different currencies: Effective 90 days from its inception, the Dodd-Frank Act bans most retail OTC forex transactions. Section 742© of the Act states as follows: …A person [which includes companies] shall not offer to, or enter into with, a person that is not an eligible contract participant, any agreement, contract, or transaction in foreign currency except pursuant to a rule or regulation of a Federal regulatory agency allowing the agreement, contract, or transaction under such terms and conditions as the Federal regulatory agency shall prescribe… This provision will not come into effect, however, if the CFTC or another eligible federal body issues guidelines relating to the regulation of foreign currency within 90 days of its enactment. Registrants and the public are currently being encouraged by the CFTC to provide insight into how the Act should be enforced. See CFTC Rulemakings regarding OTC Derivatives located at the following website address, under Section XX – Foreign Currency (Retail Off Exchange). It is essential that OTC forex participants seek professional help to discuss possible operational and regulatory contingency plans NOTE: None of this applies to "Qualified Eligible Participants". What is that? There is a new definition that defines it as: Section 413(a) of the Act alters the financial qualifications of who can be considered an accredited investor, and thus a qualified as eligible participant (“QEP”). Specifically, the revised accredited investor standard includes only the following types of individuals: 1) A natural person whose individual net worth, or joint net worth with spouse, is at least $1,000,000, excluding the value of such investor's primary residence; 2) A natural person who had individual income in excess of $200,000 in each of the two most recent years or joint income with spouse in excess of $300,000 in each of those years and a reasonable expectation of reaching the same income level in the current year; or 3) A director, executive officer, or general partner of the issuer of the securities being offered or sold, or a director, executive officer, or general partner of a general partner of that issuer. What this essentially means is that all current positions will be liquidated. For any new positions, you will have to prove yourself to be a qualified eligible participant. Or, rather, get permission to buy and sell. This will result in two things: 1) Easier tracking of those who buy and sell in these areas. 2) Squeezing out the little guy This means that AFTER July 15th unless you qualify as a "Qualified Eligible Participant" It will be against the law for you to exchange Iraqi Dinar at a bank in a large amount. The exchange of IQD or ANY foreign currency for USD at a bank or currency dealer is an Over The Counter (OTC) Forex exchange and will be against the law unless you are a QEP (Qualified Eligible Participant) What does it take to be a QEP? A QEP definition: Section 413(a) of the Act alters the financial qualifications of who can be considered an accredited investor, and thus a qualified as eligible participant (“QEP”). Specifically, the revised accredited investor standard includes only the following types of individuals: 1) A natural person whose individual net worth, or joint net worth with spouse, is at least $1,000,000, excluding the value of such investor's primary residence; 2) A natural person who had individual income in excess of $200,000 in each of the two most recent years or joint income with spouse in excess of $300,000 in each of those years and a reasonable expectation of reaching the same income level in the current year; or 3) A director, executive officer, or general partner of the issuer of the securities being offered or sold, or a director, executive officer, or general partner of a general partner of that issuer. So if you do not fit the above definition as a QEP it will be against the law for you to exchange Iraqi Dinar or any other foreign currency in a large amout at a bank or with a currency exchange as of July 15th 2011. So if the RV were to not happen until after July 15th.....most here may be screwed. Thanks to the US congress. Link: http://thomas.loc.gov/cgi-bin/query/z?c111:H.R.4173: Phoenix
  9. This means that AFTER July 15th unless you qualify as a "Qualified Eligible Participant" It will be against the law for you to exchange Iraqi Dinar at a bank in a large amount. The exchange of IQD or ANY foreign currency for USD at a bank or currency dealer is an Over The Counter (OTC) Forex exchange and will be against the law unless you are a QEP (Qualified Eligible Participant) What does it take to be a QEP? A QEP definition: Section 413(a) of the Act alters the financial qualifications of who can be considered an accredited investor, and thus a qualified as eligible participant (“QEP”). Specifically, the revised accredited investor standard includes only the following types of individuals: 1) A natural person whose individual net worth, or joint net worth with spouse, is at least $1,000,000, excluding the value of such investor's primary residence; 2) A natural person who had individual income in excess of $200,000 in each of the two most recent years or joint income with spouse in excess of $300,000 in each of those years and a reasonable expectation of reaching the same income level in the current year; or 3) A director, executive officer, or general partner of the issuer of the securities being offered or sold, or a director, executive officer, or general partner of a general partner of that issuer. So if you do not fit the above definition as a QEP it will be against the law for you to exchange Iraqi Dinar or any other foreign currency in a large amout at a bank or with a currency exchange as of July 15th 2011. Thanks to the United States Congress. So if the RV were to not happen until after July 15th.....most here will be screwed. Phoenix
  10. Not only gold and silver but also FOREIGN CURRENCY This also applies to most retail OTC forex transactions - that is trading in different currencies: Effective 90 days from its inception, the Dodd-Frank Act bans most retail OTC forex transactions. Section 742© of the Act states as follows: …A person [which includes companies] shall not offer to, or enter into with, a person that is not an eligible contract participant, any agreement, contract, or transaction in foreign currency except pursuant to a rule or regulation of a Federal regulatory agency allowing the agreement, contract, or transaction under such terms and conditions as the Federal regulatory agency shall prescribe… This provision will not come into effect, however, if the CFTC or another eligible federal body issues guidelines relating to the regulation of foreign currency within 90 days of its enactment. Registrants and the public are currently being encouraged by the CFTC to provide insight into how the Act should be enforced. See CFTC Rulemakings regarding OTC Derivatives located at the following website address, under Section XX – Foreign Currency (Retail Off Exchange). It is essential that OTC forex participants seek professional help to discuss possible operational and regulatory contingency plans NOTE: None of this applies to "Qualified Eligible Participants". What is that? There is a new definition that defines it as: Section 413(a) of the Act alters the financial qualifications of who can be considered an accredited investor, and thus a qualified as eligible participant (“QEP”). Specifically, the revised accredited investor standard includes only the following types of individuals: 1) A natural person whose individual net worth, or joint net worth with spouse, is at least $1,000,000, excluding the value of such investor's primary residence; 2) A natural person who had individual income in excess of $200,000 in each of the two most recent years or joint income with spouse in excess of $300,000 in each of those years and a reasonable expectation of reaching the same income level in the current year; or 3) A director, executive officer, or general partner of the issuer of the securities being offered or sold, or a director, executive officer, or general partner of a general partner of that issuer. What this essentially means is that all current positions will be liquidated. For any new positions, you will have to prove yourself to be a qualified eligible participant. Or, rather, get permission to buy and sell. This will result in two things: 1) Easier tracking of those who buy and sell in these areas. 2) Squeezing out the little guy
  11. Lunar Eclipse in Iraq Moon Eclipse noticed in Iraq, people praying on occasion 6/16/2011 12:39 PM KARBALA / Aswat al-Iraq: Voices of southern Iraq’s holy city of Karbala’s mosques and Huseiniyas (Shiite mosques), as well as those of Baghdad, Arbil and other Iraqi cities, were heard during the Moon Eclipse on Wednesday night, whilst citizens appealed for God Almighty to “save Iraq from hatred and animosities.” “Hundreds of Karbala citizens headed during the early evening hours of Wednesday towards the Mosques of Imam Hussein and his Brother Abbas, the Grandsons of Prophet Mohammed, to read the Holy Quran verses and listen to the religious lectures by preachers on the occasion of the Moon Eclipse,” Karbala citizen, Ahmed al-Assadi told Aswat al-Iraq news agency. “We, in Iraq, have added new appeals on this occasion for Allah Almighty to wash the hearts of politicians and clean them from hatred, animosities and distrust,” Assadi said, “considering the occasion as one that Iraqis hope would unite the hearts of their politicians, in order to help them hear on (Thursday) morning statements that ease up the hearts of Iraqis.” In Baghdad, the preachers of mosques and Huseiniyas, called on citizens to pray and read Quran verses on the occasion of the Moon Eclipse. Aswat al-Iraq Correspondent, who toured several Baghdad districts on Wednesday night, said that most mosques and Husseiniyas have called for prayers during the Moon Eclipse, whilst people stood over the roofs of their houses, to watch the phenomena. The Moon Eclipse was noticed in different parts of Iraq, after 09:00 pm local time (06:00 pm GMT), that continued for about 1.5 hours, considered the longest Eclipse recorded for the first time in 100 years. The Moon Eclipse takes place when the moon light or part of it disappears at night, during the entrance of the Earth between the sun and the moon, whilst the Sun Eclipse takes place when the sun light or part of it disappears during the entrance of the moon between the sun and the earth. Link: http://en.aswataliraq.info/Default.aspx?page=article_page&c=slideshow&id=143197
  12. Scooter........... Please post any questions you may have for Scooter in this thread and he will do his best to answer as many as he can. The show is tomorrow night on Talk Radio. *********** admin edit - advertising other sites, even without a link, is a bannable offense. Last warning. ********
  13. LOL!~ Right in the video he says "Malaki is NOT corrupt!" But goes on to say his governnemt protected those who were corrupt. He also talks about those who were against him had militias....that is Al-Sadrs group! You would be well to note that AFTER this video was done it was Malaki himself that attacked , rooted out and defeated those very militia groups in the Basra opperation with the Iraai military. Like it or not....Malaki is a fair and strong leader and NOT a dictator! How in the world can a government that is so balanced on power sharing have anyone who could be called a dictator? The parliment...the Council of Mimister and the Presidential Council are all balanced with equal power or close to equal between all groups and all decisions, laws and rulings must be agreed upon by majority vote. Fact are facts. Maliki is a good guy. Like it or not. Phoenix
  14. I think some people just want to keep track of what was said by whom. I can see the reasoning behind it. Phoenix
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