new york kevin

Rein Man, You are right as rain. Get it. Rain. I laughed myself right out the chair when I read the truth you wrote. Still I find it tough to tolerate stupid. Thank you.

According to the pricing rules the value of the output and input (traded) is calculated using export prices (FOB) and import prices (CIF), according to what is listed in the pricing rules. In other words the pricing rules calculate what a project produces from foreign currency (quantity of exports multiplied by the export price (FOB) in foreign currency or the quantity of substitute imports multiplied by the import price (CIF) in foreign currency, as well as what the project uses from foreign currency and imported inputs multiplied by the import price (CIF) in foreign currency .... etc.). In a later step, project outputs and inputs must be converted from the foreign currency to its equivalent in local currency (dinars) by using a specific exchange rate for the foreign currency. Justifications for exchange-rate adjustment: there are a number of important and powerful arguments which support the view that the official exchange rate reduces the real value of foreign currency for purposes of calculating the economic national profitability for investment projects and hence for the purposes of investment planning. It is demonstrated in this context to call for assessing the dinar for less than (3.208) dollar (official exchange rate) when assessing project outputs and inputs of traded goods of exports, substitute imports and imports... etc. Read more: http://dinarvets.com/forums/index.php?/topic/162600-113-to-321-iraqi-ministry-of-planning/#ixzz2gvQeC0rD Hey Doc: It does not call for decreasing the rate from $3.20 to $1.13. It simply states in one section that the official exchange rate should reduce the real value of "foreign currency" by valuing the IQD " for less than $3.208." Translation, this means that going back to 2009 they knew then that they had to de-dollarize the Iraqi economy. You cannot expect the GOI/CBI to get to 10 cents per IQD, let alone $1.00 or more if they are competing against "foreign curency" , ie: the U.S. dollar in their own country. The $1.13 reference is at the end of the article and speaks to the a potential approval of an amended rate of $1.13 to be used in technical and economical feasibility studies and for (1.134) dollar per dinar. Read more: http://dinarvets.com/forums/index.php?/topic/162600-113-to-321-iraqi-ministry-of-planning/page-3#ixzz2gvUUmLPB Peace.

Dr Robbins, DB and Crew: You don't know what you are talking about at all. I indicated originally that this may be an old repeat article from the start. Further research shows that this article came out in 2009 from the Iraqi Ministry of Planning, at a time somewhat after a non-Sadam era ISX transitioned from chalk boards to computers. Thank you very much. Step off the easy train, do a little research on The Iraqi Ministry of Planning on the internet yourself. Go to it from all the different sites that you find when you Bing or Google it and see if they don't lead you to this very site. Unless your afraid to findout your are wrong. The speak is technical, investment wise. It was a little challenging to me, but like you guys I have been around this IQD stuff long enough (started in 2006) to understand alot of this kinda information now in a way I didn't at the beginning. I also have developed a skill where I can tell most bogus sites from the legit ones. This one is legit, its also an Iraqi one so it may not have a phone number on the site at this time. Shoot they just copyrighted the logo and site not to long ago. What the speak tells me is that all the hard work the GOI and its departments have done to build up their modern infrastructure as inexpensively as possible is paying off. Cheeper to build at a cost of 1/10 of a penney than at a cost of 50 cents or $3.00, am I right? They have set themselves up very well according to the direction and help they got from the U.S. its allies and the IMF. We all know that they still have a ways more to go before they can RV and absorb the costs of an RV without fracturing their economy. It also tells me that as they enter the international arena, say approaching the IMF for a loan, that they can prove their credit worthiness by showing that their currency could trade at $1.00 to $3.00 now, based on the price of oil per barrel stated in their most recent budget and current proven oil production capacity. Which has gone up year over year. Maybe this can translate to the stock market pre or post RV. Also include their diversifying their economy in the short, medium, and long term future. Don't exclude the trade agreements they made recently with India (in IQD) and what that means for the IQD. Remember also the trade agreements made with South Korea and China. This is one article, from one department. It only reflects one piece of the pie. Don't kid yourselves, yeah the money people are investing in this, you and I are each one of them now. Just not as sophisticated as them perhaps. So why not learn to use the tools that they use, to understand the research they understand, to be able to see what they see. Get more and more comfortable in thinking outside the box we all use to be in before we got into this investment. So when it does RV we won't get ripped off and we will be able to know a good thing when we see it. These are the only reasons I posted the article in the first place. If not, keep your head stuck in the sand and see how quickly your post RV fortune goes away if you don't manage your new found assets well. This still may very well come in at 10 cents to the dinar and rise towards $1.00 via a managed float over the following 1-2 years for all I know and go on a market adjustment method after that up to the $3.00 range from the 2nd to 3rd year. If it happens that way then the period for cashing in for us may not last to the full 3 years if the market rate jumps to $3 to soon. The GOI may shorten the cashing in period if the IQD hots the $3 plus range to soon for them. I don't know. Again, I think these are some of the ways we all should become more comfortable in thinking. Yes its also not the only way to think. Still gotta get the HCL passed. Seat the full GOI. Fill that security Ministry position. Yep its still frustrating watching and waiting for someone to get up off their butt, pull the trigger and allow this thing to RV. Peace.

Not to mention that Obamacare Hotline is also known as 1-800-sorry I don't have $5,000 for the annual deductable for my poverty level family.

Why do you think I have little to no tolerance for those idiots who do stuff like this. Some say; "awe come on can't you see they are just funning around." At this point in this game, no I cannot see the humor in it. I don't like emotional roller coasters. JMHO.

Gooserider: Hoo rah

Mr. Ventura can make a compelling argument, so can anyone else. This doesn't mean they can Govern if elected just look at our current situation.

No offense Bigwave, but what next, Arnold Schwartsenegger as his VP?

Dinar Stud: Duh Dive Master: You betcha. As it has been said, funding Obama Care is done through a TAX. That was the only premise under which the Supreme Court declaired Obama Care constitutional. Justice Roberts did say that if Obama and crew had not presented the law as being paid for under any other method it would have been quickly declared unconstitutional. Congress and Congress alone, not the Senate and not the Presidency. Therefore if Congress wants they can simply not collect the tax. Maybe pass a law if needed, but essentially simply not collect the tax. Dog: Haven't they only passed one budget so far in the last 5 years? It essentially all been run on CR's under this administration.

DB: I ain't no Guru just a common Joe on the street. But I think I hear what your saying. TBomb, I think that 2012 was the date the Ministry of Plannig in Iraq copyrighted " MoP " and/or the website or link. eh.

Jeepguy: Thanks. Hope everyone also reads that its a Iraqi Ministry of Planning estimated amended exchange rate regarding the $1.13 that should be good for 3 years. (This towards the bottom of the article.) Plus, a potential justification for an exchange rate adjustment at $3.21 . (This about middle of the article.) The in between info can give us all some insight to the mechanics of how things look or work inside of GOI. I think it can be said that once it does RV at whatever 10 cents or $1.13 that we may have up to a 3 year window to cash in, depending on how market reactions affect the market price. Those competent people may want to close it a little eariler if the market rate jumps to the $3 range to fast. They still got infrastructure to build ya know. Just my

Markinsa: Sorry. This is my first time posting something like this. I hoped mentioning Iraqi Ministry of Planning would have qualified. My bad. Hope this works. The link is : http://www.mop.gov.iq/mop/index.jsp?sid=1&id=308&pid=295&lng=en

Hello There fellow Dinarians. Has anyone seen this before? Just got it off the Iraqi Ministry of Planning. It states our IQD could support a buck plus right now. Hope it aiint old. The Exchange Rate of Foreign Currency in Economic Feasibility Studies Below are the central controls related to the exchange rate of the foreign currency to convert the project inputs and outputs from foreign currency to its equivalent in the local currency, and that is by calculating the net discounted present value standard and the internal return on investments in economic analysis that governs investment projects that costs excess one million dinars. Estimate the shadow price of foreign currency: It is necessary to put central controls to amend the official exchange rate * to reflect the shadow price of the foreign currency, and that is considered one of the necessary requirements to implement the net discounted present value standard and the internal return rate on investment in the economic calculation stated in the instructions, paragraph nine. The central controls for adjusting market prices distinguished a group of outputs and inputs traded internationally, where the projects production or usage of them is reflected on the abundance of foreign currency in the economy and thus project outputs or inputs used of such are considered purely foreign currency outputs or inputs. * What is meant by exchange rate: the number of units of foreign currency, expressed in dollar per one dinar. In particular the following outputs and inputs of foreign currency were distinguished: Export-outputs. Outputs marketed locally that substitute imports. Imported inputs. Inputs produced locally that usually go to exports. Foreign labor. According to the pricing rules the value of the output and input (traded) is calculated using export prices (FOB) and import prices (CIF), according to what is listed in the pricing rules. In other words the pricing rules calculate what the project produces from foreign currency (quantity of exports multiplied by the export price (FOB) in foreign currency or the quantity of substitute imports multiplied by the import price (CIF) in foreign currency, as well as what the project uses from foreign currency and imported inputs multiplied by the import price (CIF) in foreign currency .... etc.). In a later step, project outputs and inputs must be converted from the foreign currency to its equivalent in local currency (dinars) by using a specific exchange rate for the foreign currency. Justifications for exchange-rate adjustment: there are a number of important and powerful arguments which support the view that the official exchange rate reduces the real value of foreign currency for purposes of calculating the economic national profitability for investment projects and hence for the purposes of investment planning. It is demonstrated in this context to call for assessing the dinar for less than (3.208) dollar (official exchange rate) when assessing project outputs and inputs of traded goods of exports, substitute imports and imports... etc. The justifications to call for the use of an exchange rate that is lower than the official exchange rate are: The use of an exchange rate that is lower than the official rate is the appropriate action at the investment planning level to translate the country’s economic strategy aiming at stimulating central investments in the sectors that encourage the development of non-oil exports, as well as sectors that encourage the expansion of domestic production base in order to reduce imports and compensate it with local commodities. This helps to reduce reliance on foreign exchange earnings from crude oil exports and increases the share of non-oil sectors in the local production. The application of the amended exchange rate on project imported inputs will assist in directing investments away from aggregated sectors dependent on imported inputs and the preference of those sectors that rely on locally produced inputs. The use of the amended exchange rate helps to correct the balance in favor of the traded goods sectors compared to non-traded goods. The real exchange rate has declined rapidly since the early seventies, through rapid rise of the level of prices and local costs which led by the steadiness of the official exchange rate to change in prices and actual local rate costs that gave an advantage for imported goods at the expense of locally produced goods, meaning that it led to deterioration of the competitiveness of alternative replacement goods and export commodities. This action shows that the official exchange rate overestimates the value of the dinar, compared to the foreign currency and from the promoting goods substituting imports and export commodities point of view of. And in support to this view is the state’s utilization and in a broad approach to the customs and quantitative protection policies especially for consumer goods, as well as export subsidies that exports have through an amended export exchange rate. Estimate the amended exchange rate of the Iraqi dinar to be used in technical and economical feasibility studies and for (1.134) dollar per dinar. This price should be approved for 3 years until re-appreciation by the competent authorities.

rulesforrebels: Good to know about the Treasury registered sellers on ebay. Using paypal and its buyer protection plan is great.

Cool. By receiving them, this means they are unloading them in Iraq also correct?

Wait ... Wait ... Wait ... I think ... uh eeeeeeeEEE . Sorry, just gas.

Lower the price on the U.S. dollar inside of Iraq, raise the price of the IQD inside Iraq ????

Safedinar did great by me. I would not buy off Ebay fyi jmho.

Between you and possum. Y'all Gomers for sure.

Yeah jg1 pretty much means that the question isn't valid. It proved to be c**p two years ago so its still c**p now. Once pumper poo always pumper poo.

Possum ain't awesome. Satire or not. Less adept people hope and live off of the possibility of an RV. One more idiot, pumping up a RV that never comes, crashes these peoples hopes, potentially opening up a depressing can of worms for em. Dinarvet folks have been and still need to be more responsible than that. Get it straight dude.

Way to go JOE. Its saves costs from food purchases and by lowering the cost of providing medical care after you factor in the health benefits such as lower blood cholesterol, lower blood pressure, less intestinal dysfunctions from the higher fiber diets, etc. It ain't no crime to make this change. If people don't like it have Mayor Bloomberg of NYC allow NYC restaurants to sell jumbo sized drinks and fries. Way to go Joe. When can the RV go.

This is amazing. Hate to be mis-understood as a doubting Thomas, but is there a link. Q3, did you mean to say third quarter? If so the third quarter will be ending this month. I didn't catch much of the news today and have not seen this before now.

Thaiexpat: What is the name of this Medical Group(s) ? This would be great info I think for all on this forum, both pre- and post- RV?

Just by the title alone ,,, possible. Particularly as of late, and the LSD experiments on some of the general public during the 60's or 70's, but it also sounds alot like an Al Qaida propoganda piece. JMHO.