dhawk7

would love some insight from Adam or Scooter on this one!!!

maybe we should make him put on a dress if he is wrong!!!! that has never been done before....

please be right just this one time!!!!!!

great news!!!

the difference between iraq and china.... china is selling goods to the u.s. so they benefit from lower value of their currency. iraq is buying goods from china, u.s. and other countries.. so they have to spend more of their currency to get goods. iraq would benefit from higher values of their currency.. more buying power.

imo it is very much a necessity. they have to raise their currency or they will never make it.

http://www.sigir.mil/files/quarterlyreports/July2010/App_D_-_July_2010.pdf New IRFFI projects must start by the end of 2010; project completions and disbursements are to take place no later than December 31, 2013. As of June 30, 2010, 25 IRFFI donors, including the United States, had committed $1.86 billion for Iraq reconstruction. Any funds that are not committed to a specific project by December 31, 2010, will be returned. Why would Iraq want to return any of this money? They wouldn’t. To start a project, one would think that the contractor would want to be paid with RV Dinars and not current Dinars. Thus, RV prior to December 31, 2010 or Iraq may have to pay back over ONE BILLION DOLLARS – and those are U.S. Dollars

Iraqi Finance: The process of recycling the funds will be made after approval of 2011 budget that 23/12/2010 20:08 Baghdad / 23 December (Rn) - The Iraqi Ministry of Finance, Thursday, that the process of recycling the money will be made after the launch of the budget in 2011. The adviser said the ministry Zia Alckheon Kurdistan News Agency (Rn) that "the process of recycling of funds to the budget in 2010 will be implemented after the launch of the budget in 2011, when rated by the Council of Representatives." He added that "after they are recycling the money will come out precise proportions of governmental institutions that have exhausted their funds fully allocated to it in 2010." Prime Minister Nuri al-Maliki has asked the Ministry of Finance to submit a detailed report on the process of recycling funds for the year 2010. The Alckheon that "the budget in 2010 Astvzt approximately 70% of their funds by ministries and government bodies and provincial councils but it lacks the final accounts Exact." And postponed the second reading of the budget 2011 in the House of Representatives last Tuesday because of disagreements among Council members, on what the export of oil from the Kurdistan region, and do not include the current budget final accounts of the past year. It is noteworthy that the budget in 2011 amounted to more than 102 trillion Iraqi dinars, equivalent to U.S. $ 87 billion, accounting for a rate of 75 trillion Iraqi dinars operating budget and the remaining investment. http://translate.google.com/translate?hl=en&u=http://www.aknews.com/ar/aknews/2/204965&prev=/language_tools&rurl=translate.google.com&twu=1

so we await the formation of the new Iraqi government as soon as the payment is made in a number of vital projects especially those relating to infrastructure. " I THINK THIS REALLY SAYS ALOT!!!! HERE WE GO!!!!

THIS LOOKS GOOD TO ME! A growing wish list of individual investors outside of Iraq looking in is, will Iraq’s currency, the Iraqi dinar, significantly appreciate in value versus other currencies in the world in the near future? As more and more new investors buy into this strong investment possibility, they tell their friends about it. And as their friends buy into it, those friends tell other friends about it, and so on. A point is reached where there are so many individual investors that have bought and are holding Iraqi dinars in their possession, waiting for the day on which the value of the Iraqi currency will soar. When the new currency began to be printed in 2003, it was estimated that about 5 trillion dinars were printed for circulation. Overtime, so much of this money landed in the hands of investors around the world. New reports have suggested that about 25 trillion dinars have now been printed and are in circulation. And of course as time progresses, more and more dinars leave the country and are ending in more investor’s hands hoping to cash in big one day. The Iraqi banking system has come a long way since 2003 to become more modern. Many of today’s internet financial transactions are taking place and the actual notes are not required. The Central Bank of Iraq (CBI) monitors this issue to a maintain a balance between the needs of paper cash in circulation for the citizens of Iraq to do daily business. One of the ways it controls a balance of cash on hand is to have daily auctions of foreign cash to trade back to their own currency. During and after Saddam Hussein was in power, the main population of Iraqi citizens remained very poor. However, its citizens have experienced tough times before and can see their future in a growing Iraq as a reason to stay. The Iraqis have a strong sense of staying the course, because Iraq belongs to them. They have a strong core belief in their country as shown during the March 2010 elections. Many threats of violence was in the air that they could be risking their lives if they chose to go out and vote. But the Iraqi people showed up to vote. When Saddam Hussein was still in power, many citizens were tortured and poisoned by the dictator, and he was unable to overcome them. When the war in Iraq began in 2003, Iraq was very frightening for it’s citizens. “But the war did not defeat them, and they weathered the storm. Even Iran terrorized the citizens of Iraq and tried to bribe their politicians. The Iraqi’s have survived all this. Iraq has become the bright shining star in the future in the Middle East at the forefront of a new democracy in that part of the world. The most recent political elections March, 2010 is their second such elections since the new Iraqi government formed in 2005. It took lot of time for the election committees to complete their count. Every day in every major global news site, there’s a lot of news headlines on the progress of Iraq forming a new government. The whole world is watching and waiting for every word of every article. Why, because there are so many individual investors around the world that are invested in the new Iraqi dinar? (If you found this article, it’s probably because you were looking for it, for example.) Perhaps this is partly the reason. And maybe a lot of the reason why news like this coming out of Iraq is so important is because of all the potential for crude oil that they have. Iraq has the third largest known oil reserves in the world. (Some believe that it is actually the second largest). There is more oil to find in Iraq than anyone can imagine. Every week there is a new story in the news about a another oil field discovery in Iraq. And also, it seems like every week there is a news story about another country or major oil company signing a contract with Iraq for the rights to a piece of the oil reserves. Iraq gets revenues from every gallon of petroleum that comes out of the ground. This revenue is really starting to escalate. And the world needs crude to sustain life as we know it and it’s beginning to make Iraq a very rich country. Many Optimistic Signs! In September 2005, the new Iraqi government signed their new constitution into Law. Since then, the presence of Iraq’s military, with the help of large foreign military alliances, made the country more secure, with only a small amount of terrorism still lurking in the shadows. There is finally a perception that security is now under control, and in late 2010, the foreign military alliances will begin to withdraw from Iraq as they will be able to manage it with less help. The Iraqi economy has started to spread its wings and their stock exchange has gotten off the ground. Many of the necessary utilities such as electricity and water have also improved over time. If you began investing in the Iraqi Dinar from 2003 to 2006, you would have realized at that time that the currency was a investment long shot, but it just had enough potential to peak your interest. And if you have remained in this investment or are just getting in it now, the chances of this investment paying off has greatly improved compared to before. Here is a quote from a newspaper ad I saw in 2006. “Stability is the keyword in Iraq. Democracy is taking over and the Iraqi people are free. It is only a matter of time before the Dinar is released on the foreign exchange and many experts feel that Baghdad could be a mirror image of Kuwait City but on a much larger scale.” The United States government believes Iraq is worth it, because it uses its tax dollars to help the Iraqi economy to get going. An oil company executive who requested anonymity, who bought dinars saying, “If you think the U.S. will let the second largest oil producing country in the world fall into the hands of bandits again guess again. That is not going to happen”. Recently, the Iraqi government said, “we have promised the people of Baghdad and Iraq that the next four years will be the phase of construction and greater economy, and we will fulfill our promise”. So, to answer the original question above, is the Iraqi dinar ripe for a revaluation? Vehemently, YES! Because a new government is in place, and old oil fields are getting back on line, and new ones are being discovered, and security has been restored. Iraq also had a lot of debt piled up unpaid to many other countries. And most of that debt has now been forgiven by those countries. What will keep the Iraqi dinar revaluation from happening now? It is no longer a question of “If”, but “When” will it happen! ^ ^ ^ ^ ^ Related Iraqi Dinar Articles- Buy New Iraqi Dinars and Put Them in a Drawer ^ http://iraqdailytimes.com/iraqi-dinar-is-ripe-for-a-revaluation/

Maliki confirms the formation of his Cabinet within days (AKI) Italian news GMT 18:01:00 2010 Saturday, December 11 Al-Maliki to form the cabinet during the day at a time when al-Jaafari said he supported the candidacy for vice president. Baghdad : Iraqi Prime Minister-designate Nuri al-Maliki said, "Cooperation and solidarity between the political forces is the only option to build a unified Iraq in which everyone enjoys the freedom and dignity, justice, equality and rights." He called al-Maliki during his speech at the Kurdistan Democratic Party, which was held Saturday morning in Arbil, "the political blocs to speed up the submission of candidates to fill the ministerial positions and not to stand too long before the peripheral issues and side," stressing the need to work to achieve national reconciliation between the components of the Iraqi people. He continued, "We are facing a period of constitutional absolutely not allow override any case it is our right to assure our people that the government will see the light during the constitutional period and before the thirty-day deadline." On the other hand, identified the political blocs to end this week as the date for the submission of candidates to Maliki for the completion of the formation of the ministry after the talks ended between the main political blocs represented in the National Alliance and the mass of Coalition and Iraqi Kurdistan, and access to positive results that could end the issue of forming the government this weekend , and after the Joint Commission agreement of the political blocs to present Tuaqatha to Maliki, who will develop a variety ministry in its final form in two or three. This was announced President of the National Reform Movement Ibrahim al-Jaafari that the next government "will be formed on schedule and will not be affected by the absence of a political figure or block them," and that "this is not directed to a specific person," he said in a press statement "on the masses to follow the pace in order to participate in the government and assistance in completing the formation of Maliki's new government during the constitutional period, "adding that" the issue of giving the Deputy President of the Republic of Matrouh and correct choice "and that his movement" aspires to provide service and dedicated to serve the Iraqi people http://www.elaph.com/Web/news/2010/12/617459.html?utm_source=twitterfeed&utm_medium=twitter&utm_campaign=Feed:+elaph/site+(Elaph+|+%D9%83%D9%84+%D8%A7%D9%84%D8%A3%D8%AE%D8%A8%D8%A7%D8%B1)

pulled from currency newshound CBI Adviser: We have a government surplus of 29 trillion dinars ($25B) Posted: December 9, 2010 by Justhopin in Iraqi Dinar/Politics Tags: CBI, Central bank, Central Bank of Iraq, Currency, Dinar, exchange rate, Financial services, Iraq, Iraqi Central Bank, Iraqi dinar 0 Adviser said the Iraqi Central Bank, “The Government’s proposal to borrow from the Reserve Bank is the fear of legal.” Revealing the surplus resources to the government some 29 trillion dinars ($25 Billion) deposited with a bank of Iraq and rational over the past five years. He added the appearance of Mohammed Saleh, “that article 26 of the Central Bank Law stipulates the prohibition of lending to the government, and the recent funding of the issue is critical to the Central Bank,” noting that “the reserve bank is not allocations round of the budget it is a foreign currency was exchanged for local currency issued by the Bank” . Saleh revealed “the existence of surplus resources to the government 29 trillion dinars in the Rafidain and good in the form of deposits, government ministries and public and private sectors over the past five years, and their value continues to increase,” adding that “the government says that these resources back to the sector institutions General industrial companies, agricultural and service, including the 4-5 trillion dinars back to the retirement fund. “ He said the central bank adviser “to the general budget of the Iraqi state is not the required level of efficiency in the Design and Execution”, explaining that, “Over the last four years the budget was eccentric,” as described, attributing this to “that the budget begins a deficit of theoretical and reduce customizations which then end surplus of substantial financial, leading to the continued imbalance in the previous budgets and the budget next year, “adding that” the next year budget in 2011 designed the inability of the 14 trillion dinars, plus a round of the current budget at the end of next year, will meet surplus of about ten trillion dinars. “ He called for the re-engineering the public budget and assess their effectiveness and to avoid what he called “dangerous games that embarrass the government and the central bank at the same time.” http://bit.ly/h2uBN7

AMEN!!!!!!!

don't know who they are but..... where there is smoke........ DECEMBER 9TH, 2010 04:37 PM · POSTED IN RUMORS [1:48:05 PM] dinarlady2010: ackpaul] Some new juice from my Lawyer. He just heard from his Federal Reserve contact that the last of the things that needed to be done to have the banks release the rate has been done from the technical side of things and that this was still being tested yesterday and whatever they do to release a rate has been completed today. So whatever else needs to happen out there for the trigger to be pulled i dont know but this was very positive news that things are happening behind the scenes and the last part the banks needed is complete. Now we wait for the trigger to be pulled. I do not understand exactly what pinging is but whatever they have been testing for its release is now completed today. This info comes from a source within the Federal Reserve. [1:49:22 PM] dinarlady2010: [ackpaul] Ok one more thing of juice. The call from the Feberal Reserve guy came in to my laywer and he didnt take it as he was meeting with my roomate setting up her trust. he called back again and he took the call. He was told by his source that the pinging that had been testing for the release of the rate was in test mode up until today. He said what the banks were recieving, in order for them to recieve and release the rate, had been completed and they were now ready. The last thing he said was that they expected this to happen in the next 24 to 48 hours. My lawyer is now fast tracking all trusts to complete before RV. Barring any other aspects, this is what the fed guy was expecting. But we all know there can always be one last fly in the ointment to delay. But as of today this this is really great and hopeful news. It is a pretty strong contact but i guess i need to tell everyone to treat it as a rumor.

great news.... thanks! go r.v.!!!!!!!!!!!

don't know who this is but a very interesting theory. enjoy... DECEMBER 9TH, 2010 03:48 PM · POSTED IN CHATS / POSTS DD, It’s Charstroy, an Administrator from CC. I share this with you because many including myself have considered this as being our hold-up, but despite my best efforts I could not find documentation to prove my fears. Today i will break the TRUE STORY with our dinar investment, what has been going on and WHO has been behind it. All the following information has been confirmed thru numerous Middle East and US based sources. This investment in the IQD was all based on a “Plan” put into place by Bush, designed by Paul Bremer, head of the Coalition Provisional Authority, and based off the Marshall Plan that freed Germany from its war torn state. Leading Germany into one of the most financially strong positions of any European country. This plan put in by the Bush administration was designed to give Iraq the foundation to become the one of the strongest financial powers in the world, and a close friend and right hand of the USA government. Placing superior military power and vast oil reserves on the same side for the first time in history. This plan should have been complete by now, and yet all troubles began with President Obama took office. There have been no less than six (6) occasions just in this current year that Obama has delayed the Iraqi people, delayed the citizens of the world, the final enactment of the plan, the Revaluation of the Iraqi Dinar. Thru my sources, the one underlying theme kept popping up thru discussions, Obama wanting more of our money, more of the money from the families of the Veterans of the gulf war, who gave life, limb and laid there heart on the battlefield to do the job their commander asked of them. You might be asking what do i mean by wanting more of our money, let me explain. Executive order 13303 was the order that gave us the right to “invest” in iraq thru the IQD, but that tax structure, where we are taxes as capital gains was not enough to feed the coffers of Washington. So our President has forcefully delayed the RV of the IQD, until he could get a better tax plan in place. What is important is the story behind Obama’s actions. You see the rate and date are not important to him, as the USA and every other country, China, France, Russia, ect, have a pre negotiated rate in the $5.75 dollar range. What Mr. Obama is trying to do is two fold. And his latest plan came just this week, when the IQD was supposed to go live with a new rate. He requested and received yet another delay so that he could attempt to attach a new tax law to the Bush Tax cut extensions that are fighting there way thru Washington. He is attempting to have this IQD RV proceeds taxes as ordinary income, a rate up to 35%, versus the lower capital gains which it was designed to fit under. The second personal plan of Mr. Obama is to force Iraq to come in lower than their Desired rate of 3.22, by doing so claiming more of the money for Washingtons own coffers. If O’s gets his way, a lower rate will be released to the World, closer to the Euro, providing up to 4+ dollars in the Washington piggy bank for every IQD owned by its citizens and service men. So the two part plan, if successful, will net us as investors close to .90 cents, while the US gov. receives close to $5 dollars. How is that for a swift reality check on what has really been going on with this investment. The Gov of Iraq has never been the issue, has never been the delay, the CBI has been more than ready and willing to RV the IQD for many months. Yet thru distortion of facts, we have been led to believe that we have been waiting for Iraq to get their act together, THIS IS NOT TRUE, what we have been waiting on is for Mr. Obama to figure out any and every way possible for every dollar possible to wind up in his spending coffers, and not ours. And without a doubt no dollar was to hit our bank accounts prior to our mid term elections, when the risk of this new found wealth could be used to support his opposition. August 31st, July 4th, Nov 25th, Dec. 7th, just a few of the confirmed dates that Iraq was ready and willing to uphold there end of “The Plan”. I have it confirmed that on Aug 31st we were actually close enough for the rate to be loaded into the system at $3.22. Did Obama win out in this battle, and force the Proud Iraqi people into a much lower rate, or did they stand strong finally and give to their people what they promised them for so long, a strong world currency, with international appeal. If Mr. Obama does not find a way to extend this into next year, and yes, this was his original plan, to push the RV of the IQD into 2011, all for personal gain, “deficit and re election”, we should see a new IQD rate at any time. We should see Iraq emerge out from under the shackles of Ch7, and once again assume the position of a powerful ME country, and this should happen on the 15th, with a RV prior to this occasion. Thats the good news in all this, in order for iraq to be granted Ch7 removal, they MUST RV first, so unless Obama strips iraq of the release, then at whichever rate comes out in the next few days, we will be thru with our search for the RV. I hope this information does not cause any of you grief, but i felt obligated to reveal the real reason for the endless delays of the RV, it was NOT IRAQ, not the GOI, not the CBI, not the issues with Kuwait, not the problems with Iran, it was all manipulated by someone much closer to our home. Merry Christmas and Happy Holidays, Charstroy

DECEMBER 9TH, 2010 03:36 PM · POSTED IN NEWS 09/12/2010 Baghdad, 9 December / December (Rn) – The Iraqi Central Bank rates of economic growth for the year 2010 as “shameful” compared with past years. The adviser said the Central Bank of Iraq in favor of the appearance of Mohammed in an interview with Kurdistan News Agency (Rn), “The economic growth rates for 2010 and shamefully low compared with the size of the population growth in the country because of the wrong policies in moving the economic system.” And the favor of that “Iraq has lost years because of the lack of significant economic well-developed plan to promote economic growth in line with the capacity of the cash budget in 2010.” Saleh pointed out that “No economic growth for 2010 to deserve mentioning.” He said. “Noting that” it must be to Aitakerr in the coming years if the government followed a strategy of financial institutions is good. ” And that “the advancement of economic reality in Iraq will be more freedom after his release from Chapter VII, which will allow him to integrate more international economic community.” The central bank revealed yesterday that the budget for 2011 will raise economic growth to 10% of what it was. The Iraqi Council of Ministers said in a statement, last Wednesday, he had approved a draft budget for 2011 a deficit of $ 12 billion will be covered by the amounts retained from the previous year’s budget and borrow internally and externally, between the expected income is estimated at 66.7 billion dollars, while expenditures amounted to 78.7 billion dollars, a shortfall of $ 12 billion. The Iraqi Finance Ministry announced last month that the finalization of the draft budget for Iraq in 2011, and the new budget allocates a large share of investment, and to support the government’s development strategy that will continue for the next four years. The initial budget for Iraq in 2011 about 86 billion and $ 400 million, an increase of up to 14 billion dollars in the last budget. Of Saman Daza Yei, the Open: Haidar Ibrahim http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http://www.aknews.com/ar/aknews/

i'm just curious why you feel you have a sudden urge to join this site and "save" all the members from this ? what would give you the urge to to this... why do you need to tell everyone this?

thanks god we have dinar from iraq and not irak..... whew!!!!! :lol:

:blink: not sure i'm buying this one. go r.v.!!!!!!!!

thanks for the post... that is the Kuwait dinar.

agreed!!!!

thanks for the post... i do think it is positive that it dropped lower on the last day than any other day last month. could be a good indicator of whats to come. thanks, go r.v.!!!!!!!!!!!!!!!!!!!!!!!!!!!

he looks really tired......

thanks