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dinarislate

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Everything posted by dinarislate

  1. A talebearer revealeth secrets: but he that is of a faithful spirit concealeth the matter. Proverbs 11:13
  2. I really dislike all the negativity on Dinar Vets. How 'bout we all tell jokes?
  3. I love the speculation..come on people...
  4. This video freaked me out but was very informative. Me? I think I'll probably be in heaven when this happens... You can also go to www.endofamerica13.com
  5. Thanks for the statements...It's never wrong to do right and it's never right to do wrong...no matter what people say. Thanks!
  6. Everything is going to work out...I know. Keep busy so the time can fly! dinar is late!
  7. You da man with the plan! Thanks!
  8. What does it mean exactly? Are we to still pay 35% short term capital gains or 15% long term? OR...is it ordinary income????
  9. I am going to give my tenth to God...first...then, I will give an offering to God...then, I will pay my taxes...then I will buy a new, used car...YAY!
  10. My bad... I have always had to go into the chart.... Anyways...lots of good news around besides this! Happy Thanksgiving all!
  11. Dinar Trade looks as if they are...
  12. I just looked on xe .com and they had the IQD listed on the currency listing chart...That's something new. I have been looking at it daily and I always had to go into it to see it. But it's on the chart now. Not at the RV rate,, but I think it's gearing up...!!!
  13. Me too! (So excited!!!) Not to be too gooshie but, we have so much to be thankful for...
  14. Positively positive news works for me! Thanks!
  15. When the good Lord is ready and not before... It's so hard to wait...argh!!!!!
  16. Sorry, the link won't work. But it is currency newshound...Can I say that on here?
  17. The Web’s Only RV-O-MeterBy Justhopin 74The web’s only RV-O-Meter will gauge the progress of the revaluation of the Iraqi Dinar as news, information, and intel is made available. Condition is in a high-grade warning to “Prepare for Cash In” on the RV-O-Meter as of Nov. 21, 2010. The RV-O-Meter will remain unchanged as of November 21, 2010 at a weighted confidence level of 95.9%. Today The Iraqi parliament has reconvened after the Eid holiday. Sunday’s topics (as reported) include this weeks agenda, parliamentary procedures, and forming committees. This week parliament will meet again Monday through Thursday. The final day is reported as the official day of mandate for Maliki to begin forming his government. Also covered in today’s session, the new parliament president introduced fines to members and deputies of parliament if they opt not to attend. Topics slated for discussion this week include Maliki’s mandate, Allawi’s role in the Council of Strategic Policy, possible ministry posts, and quite possibly the 2011 Budget and HCL Law. Talabani: Maliki will assigned Thursday, Nov 25 to form a government Parliament resumes without mandate; Agenda to form committees and discuss procedures Iraq parliament sets its agenda for the next four sessions President Najafi is to impose financial penalties on the deputies and members of parliament Nujaifi: the first tasks of the Parliament the enactment of the Strategic Policy Today’s parliamentary session as well as sessions conducted throughout the coming days will evolve. Budget Last week Maliki informed the Government of Iraq (GOI) to make final preparations to the 2011 Budget as parliament is prepared to begin hearings on the matter and fast track the issue to a deciding vote. Minister’s have pledged to have the budget ready for parliament and its committee within days. The budget is beyond a necessity at this point in Iraq. The people of Iraq function with zero to limited electricity and common services such as water and sewer. Citizens on welfare are now faced with drained funds. Government employees have staggered paychecks, if any. The situation in Iraq is becoming unbearable to the average Iraqi. The 2011 Budget is supported by the production of Iraqi oil and is reported to be based on a rate of $73 per barrel. The budget will allow for many of these setbacks to be rectified once passed. Therefore the budget is an essential piece of legislation for Iraq. According to many sources the revaluation is set within the calculations of the budget and therefore this issue will be heavily monitored by investors as it progresses. Parliament Maliki’s request to send the budget to accelerate in 2011 Oil: Calculate the price of oil up to $ 73 in 2011 budget Special Report: Iraq’s 2011 Budget Finance, oil ministries to set oil barrel price in 2011 budget AP: Welfare funding runs out in Iraq IMF Not surprising the IMF has entered into the Iraq news over the past week. Two articles revealed statements of importance. Iraq is seeking funds (loan) to shore up a budget deficit. The IMF has ruled it will not provide funds to Iraq and will keep the discussion open. This I believe is due to the near passage of Iraq’s 2011 Budget. In a recent news article, Iraq’s Minister of Finance released the IMF is in support of raising the zeros from the dinar and recognizes it will “enhance” the value of the currency. The IMF expressed unsatisfactory remarks in regards to Iraq’s monetary policy. The IMF desires solutions for Iraq’s increasing inflation, lack of disbursement of funds/salaries, and unemployment. Iraq has pledged it will make every effort to find a solution. This takes us right back to the reason for the RV. Furthermore, the IMF rejected a bridge loan to cover Iraq’s budget deficit – so kudos to the IMF. Center calls for economic disengagement Iraq International Monetary Fund Finance: Delete the zeros of the local currency enhances the value of the Iraqi dinar in the International Monetary Fund GOI Advisor: IMF requests extensive changes to Iraq’s monetary policy; Iraq pledges to address critical problems Dinar Just when you think you couldn’t stand to read another article about “dropping the zero’s” an article was published today that deserved some attention. An economic expert is imploring the people of Iraq to understand the method behind raising the zero’s by saying “the process of deleting three zeros from the Iraqi currency will lead to currency appreciation and to increase the purchasing power of citizens” Economic Expert: The process of deletion of zeros from the currency is an important step will lead to economic recovery The Week Ahead Parliament and the Government of Iraq are working strenuously to meet approval of the United Nations and the IMF meanwhile meeting the the needs of its own citizens. As the situation improves in Iraq it is quite possible agencies such as the United Nations and/or the IMF could release statements regarding matters such as Chapter VII. Therefore, the situation is highly volatile – any positive action could result in a series of actions and reactions leading us one step closer to the RV. The RV-O-Meter might become effected depending upon the outcome of certain events and as a result the RV-O-Meter will be adjusted accordingly and consequently updated. Commentary As investors we have experienced some grueling up and down moments ever since investing in the Iraqi Dinar. It might have been wise to not only invest in the dinar but also Johnson & Johnson, the manufacturer of Rolaids. As we have witnessed over the past few weeks this chapter on the dinar is coming to a climatic close. The Iraqi government formation is well underway and the prime ministers cabinet selections will start to evolve over the next few days and weeks. Allawi remains unpredictable however reports indicate he will be a team-player in the end acting as Chairman of the Council of Strategic Policy. Beginning this week it appears the Iraqi government will focus not only on filling key positions in the ministry but also passing essential bills and laws we know so well as the 2011 Budget. If you are a dinar investor the hard, arduous part is over; the formation of the Iraqi government was the key. Now its time for Iraq’s leaders to act like a government for their people. By all indications from this day forward, the revaluation could be triggered by any event brought on by the actions of the Iraqi parliament, Central Bank of Iraq (CBI), International Monetary Fund (IMF), or the United Nations (UN). We are that advanced into this investment. Any setback would be at the result of Iraq’s own hand. Like the conclusion of a good book the last chapter begins to culminate with key players and events experienced over a journey. And what a journey this has been. By the way if you would have invested in Johnson & Johnson five years ago your investment would be up 2.05%. In this economy, a 2% return is nothing to snarl at…and quite possibly a sign of good things heading our way. Like always I will caveat this by saying we are dealing with Iraq. Anything can happen that can cause delay as we have witnessed so many times before. While I do not foresee anything delaying this forward movement at this time I reserve the right to downgrade the RV-O-Meter as needed. Please remember many factors (many unknown) could be at play regarding the revaluation. The RV could occur anytime from this point forward with little or no warning or announcement. We will soon have a pocket full of blessings. Thank you, Just Hopin Please refer to What does Prepare for Cash In mean? Which explains my thoughts on how to prepare for that special day. http://don't promote other sites.wordpress.com/2010/11/07/zebari-close-the-file-on-oil-for-food-chapter-vii-may-not-close-immediately/Share this: Share Email
  18. God is good all the time! I cannot wait to bring my tithe and offering to my local church!
  19. Thanks for the information. This is the most intelligent answer I have seen yet!
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