jwprimerica

Thanks for taking the time to have read my post. It's easy to spot the "guru's" because they show up for a month then kick rocks. Follow the facts, pull some weight and do your own research and you will find so much more satisfaction in your wait, rather than being disappointed week to week with each post that promises an RV around the bend. As far as the patience of the Iraqi people, I regret to inform you that this is Not an issue. I first heard of this investment while deployed in 2007 and I gotta tell you, they were just as impatient then lol. The underlying factor is fairly simple. How long will those in power hold back resources and refrain from trade on a larger scale to maximize profits. Keep in mind, 2nd richest country in the world in regards to crude oil resources, when this thing happens, it's gonna be big.. When I say big, I don't mean a $5:1 turn around on your investment, that would be asinine. I mean .75-1.15, which would steadily grow for a short time (managed float) then level off. Don't take that as gospel, but economically it makes sense. Thanks again. -J

Long time no see to some of you! I wanted to get back in here and explain briefly why I have been off this site for a while. Honestly because all of the false promises those with "inside info" have made about the RV/RI happening every Monday that have never come to fruition. I took a well, long thought out break and decided to come back when some real information was put out, and in my Opinion it was. http://translate.google.com/translate?hl=en&ie=UTF-8&sl=auto&tl=en&u=http://alaalem.com/index.php%3Faa%3Dnews%26id22%3D21015&prev=_t&rurl=translate.google.com Before those who just joined the site put in their two cents about when the article was posted, believe me, I SAW THE DATE lol. Point being that I'd like to see the meeting that is going to take place on April 16th 2011 between the IMF and World Bank. All they hype that the optimistic people have on this site is awesome and a driving force, just don't let it blind you to the facts that this event has LONG been in the crock pot. Some of the newer investors probably still have tunnel vision and the only thing they see or bother to read in an article on here is "RV, RI, Will happen this week, will happen next week, down with the nay sayers" I made one prediction and that was by December of last year due to Tariff agreements, budget restructuring and the "OANDA myth" For those in the know about this investment, you know what I'm talking about. In short, obviously the RV didn't occur even tho things made sense for it to happen before the new year. My stance is cautiously optimistic for the next 5 months, but we will see how the meeting goes. I have read weekly what is posted, and have in turn kept myself updated on when people think this will occur and why. Remember this, it has been almost 9 years that this bun has been in the oven, it makes complete sense that the investment is due to return, but that certain things truly aren't finished to make the oven timer ding. As more internationally traded funds from Iraq become announced to the public it makes my heart beat faster and faster, as different contracts for trade become set in stone it makes it even worse, but truly I want to see what the IMF says in April about lifting Iraq completely from chapter 7, as this has NOT been completed as of yet. Take care, stay positive, and lets see this thing happen! Thanks for your time. -J

Let me start by saying thank you to all who have contributed to furthering our knowledge of the developments of this investment. I have never been one to give my opinion on date or rate, but I will share one small thing that I found very intriguing... I have a site that I love to use http://www.al-bab.com/arab/news/iraq.htm <-- That one. What I love most about this site is the fact that it is based overseas, and for a couple of reasons. Many of the links if you look at them will direct you to news articles that are on MANY different servers and websites. Such as the Washington Post, and Newsweek, Yahoo News, so on and so forth. I check this site daily and have found many of the the articles posted to be contradictory (in a good way) to what has been posted on this site. I have noticed a trend when someone who claims to be "in the know" states for example that Allawi was to be named PM, that a few days later (but before it was announced on here) that this was not the case. I have refrained from posting for a while because I wanted to see how legitimate my information was. Granted, I have pulled numerous articles from other sites, but the major ones, such as Turkey investing into the ISX, the launching of a 3.4 billion dollar fund, and other things that show stimulation and growth of the economy as it pertains to investments, I have gathered from this hub if you will. Point being this, there has NEVER, EVER been anything posted to that site that has anything to do with the RV...... Until now..... Before you get too excited, let me explain. What I am going to post is not from a news article, which is also odd, but in my opinion not something that should be discarded because the link to the original article is on the page that was posted to al-bab. It's right here that I am going to reiterate... I am not a guy that claims to have unspoken contacts in the middle east, as a vet, YES I have heard some things from friends, but not viable enough to post in here for fear of letting anyone down just in case I received unintentional misinformation. I do want to also state, that the information I have received from this site has NEVER been wrong. That being said, this somehow made it into the lineup of articles posted on that site. http://www.lucianne.com/thread/?artnum=578623 I am taking this with a grain of salt and not claiming it to be a clear cut sign that the announcement is going to be tomorrow, or even this week for that matter. But what I do want to point out is that the two replies to the original article are what were posted to al-bab, not this http://www.nationalreview.com/corner/253259/so-iraq-has-government-now-what-michael-rubin# <-- the original article. I find it strange that any speculative media would make it onto this webpage for one reason. Throughout all of the hype about who would be PM, or when Iraq would form their GOI, etc, etc, etc, etc, etc... There was never an article that was put out that wasn't confirmed within a day or two to be true, just sayin, that's a fact. Is it a good sign? Man I hope so. I really hope this helps, and is a hint that this is closer than I thought. Thank you for your time. -J

1 US Army 2004-2009. Thank you to all the other Vets on here, and HAPPY VETERANS DAY!!

I find it hard to believe (Not saying it hasn't happened) But I have never seen that occur, so the next time you see this, rather than navigate away from the page hold down Control and in the top right somewhere on your keyboard PRTSC SYSRQ, this will take a "screen shot" save it in Paint, then upload it as an image.... If that isn't too much to ask. This seems to happen rather frequently with the same people, so it would help if one of you took the screen shot. Thanks! -J

Thats a great read my friend. A lot of good info that doesn't say "This rate, this date" Personally I have always said sometime in the middle/end of November but we shall see. If nothing else, it's a great reminder that even in the past 2 weeks, SO many steps have been taken to push this thing forward. Progress is being made even through their delays, the great news is even if the govt. isn't formed, a few people have the Real power to get this trigger pulled. Just waiting to see who's gonna squeeze

Did you actually read this article? If it's true, there really isn't anything awesome about it bud.. I don't see it being true at all, just sayin.

Well..... After I tithe my 10% I will be driving one of these And one of these And will be invested in many many different platforms living off of interest, not my principal.

No worries, its not a big deal. Figured I'd let you know before some of the more unsavory characters on here had a chance to bash you for it lol

I posted this earlier today. Article is worded a little different, but same info. -J

Soldier, I have never been one of the ones to give you a negative, but I have ignored some of the things you say. Not because the info was wrong, but because of the presentation. Let me quickly state that I am not thin skinned by any means, but as you pointed out, I get the same info from ChiefV that you have agreed with in a more mature way. I have found your insight to be really informing and it imo brings us all back to reality when we need it. Present facts and info in a more receptive way and I bet you will get more +s on things you have been given -s. Rates and dates have never been my thing, I think it's highly dumb to predict a date or rate because you look like a freakin goober when it doesn't happen. I do believe it will happen this year, but it would take pages and links galore to explain why, just know that some people get on here and rely on what's presented and it has created a pipedream, others take that info and verify it to the best of their ability which keeps the air clear for a few of the investors on this site. I look forward to reading more. -J P.S. I gave your reply a + no BS, later.

This went up a few days ago... Be sure to check the chat before you post just to be safe. Good eye tho

BAGHDAD (Reuters) - Iraq's parliament will meet on Monday to elect a speaker, the chamber said on Wednesday, a move that could break an eight-month political deadlock and lead to Nuri al-Maliki's reappointment as prime minister. Iraq has been without a new government since an inconclusive March election. The Sunni-backed cross sectarian Iraqiya bloc won the most seats, but Maliki's faction has since combined with other Shi'ite groups and reached deals with minority Kurds, and that may keep him in power. In a sign that some in Iraqiya no longer believe it can form a government, one of its lawmakers said a group of up to 30 of its parliamentarians intended to back a government led by Maliki. "We are with whoever wins 50 percent plus one and he is the only one who has, so he has the right (to form a government)," said the lawmaker, Ahmed al-Ureibi, who belongs to a mainly Sunni group of Iraqiya politicians from around the country. Another member of that group said a final decision would likely be made on Sunday. The country's highest court last month ordered lawmakers to get to work and resume sessions, putting pressure on Shi'ite, Sunni and Kurdish factions to accelerate efforts to reach an agreement on a governing coalition. Tensions have grown during the political deadlock, and Arab countries and U.S. officials fear Sunni anger could boost a weakened but stubborn al Qaeda-led insurgency if Iraqiya does not play a major role in government. Although violence has subsided since the height of sectarian warfare in 2006-07, Iraq remains torn along ethno-sectarian lines as U.S. forces prepare to withdraw next year. At least 64 people were killed and 360 wounded from a series of bomb blasts in mainly Shi'ite areas of Baghdad on Tuesday, just days after 52 hostages and police were killed when al Qaeda-linked gunmen seized a Syrian Catholic cathedral. NEED A MIRACLE Iraq's parliament has sat only once -- in June for 17 minutes -- since the March election. Jalal al-Din al-Sagheer, a senior member of the Supreme Islamic Iraqi Council, which is the one Shi'ite political group still resisting Maliki's nomination, said it seemed likely Iraqi President Jalal Talabani, a Kurd would stay in his position. But he said he was not confident that any of the other positions would be resolved. "We need more than a miracle to say that by next Monday a real solution will be achieved. Anyway, I am not optimistic," he said. Ureibi told Reuters the three top jobs -- the speaker's post, the presidency and the prime ministership -- would all be decided in Monday's parliamentary session. Shi'ite and Kurdish politicians have said for days that Maliki's return as prime minister was all but assured but that he needed a Sunni component if the new government is going to try and heal sectarian wounds. Iraqiya leader Iyad Allawi has resolutely refused to join a government led by Maliki. In an interview in Britain's Guardian newspaper on Wednesday, he said he was contemplating going into opposition. Kurdish regional president Masoud Barzani has called a meeting of all blocs in the Kurdish capital Arbil, which may take place on Sunday, to see if a final deal is possible. Under Iraq's constitution drawn up in the chaotic wake of the 2003 invasion, the 325-seat parliament should have picked a speaker in its first session and a new president within 30 days. The president would in turn select a prime minister from the biggest bloc, who would have 30 days to form a government. -J

When will iraqi dinar revalue? In: Business and Finance [Edit categories] Currencywww.business.com Quickly Find Info on World Currency Trading in Our Directory Today. Ads by Google [improve] Good question, No one can say for sure, but if you have been following it as long as I have, since 2004, then you would know every single goal set has been met. The most important was the stability of dinar, and it has been the most stable currency in the world for the past year when all other currencies, including dollar have dropped in value, and even with drop, the dinar has remained stable, a major goal of Iraq and stated many times publicly. With chapter VII agreed once restoration of previous value of dinar is complete, this too is a major issue which had to be resolved first. Given the fact the coins were removed from market over a year ago, and the fact that all citizens now have debit cards, and as of Oct. 1st, no longer are Iraqi's to use U.S. dollars, what else is left? Well, the only remaining missing link is the passing of the oil law, but due to the sectarian divide in Iraq between Shiites, Shia and Kurds, it has been held up for over a year, so this too is an issue which has to be resolved, and I believe it is close to being passed, so there you have it, all the major obstacles are completed, or near completed, so we are close as I see it. Here is the most important thing I see happening by end of year. Given Maliki has done little in the way of helping the citizens and with no electricity available or fuel for cars in many areas, the citizens are still loosing faith in current goverrnment, and Maliki is sweating being reelected, so as I see it, just as is done in the U.S., you will see revalue so that Maliki is reelected, just as those in U.S. paid to insure Obama got in office, it is always about money, so Maliki is smart enough to spread the wealth just before elections, and those debit cards will all be loaded with millions in dinar assuring his reelection, and that is how I see it all coming together, so stay tuned, patience is about to be rewarded. Success to all, www.VOIP-COIP.com Now before people go bashing the source, I UNDERSTAND it's a wikipedia based forum, but then again, so are the forums that we all post on (meaning anyone can post anything.) In my opinion this guys final paragraph makes a lot of sense, it would be a GREAT way to rally support for Maliki if he were to hold out til just before the end, then BOOM! Here comes a white knight to save the day. What are your thoughts? Does this make sense?

Pilgrim, the major point made about the reason the currency cannot slowly come closer to the value of the dollar is based mainly on trade, but also on stability and efficiency of the currency itself. Think of this like an investment of which there are a couple types. Short and long term. The facts in place are as follows: Iraq has had a worthless currency for 7 years (we will stay focused on Post Saddam for the time being) and has not traded at a rate that has put them in the market as competitive ie: the ISX not being traded nationally. The value of the dinar has slowly increased, but at a rate that is nowhere near competitive (we will think of this as a ROTH IRA) A ROTH is setup to have steady gains over a long period of time, but no short term leaps. It is a long term investment that sets most people up for retirement and stabilizes them later on in the future. This is great for those who are not looking to recover from a loss or have plenty of money to sustain them for the time being. Then you have Short term investments, I don't like using CD's but for the sake of common knowledge (as it used most frequently, we will use this example) CD's are a rather short term investment that if properly invested CAN, not necessarily WILL, but CAN yield high returns. With a country so rich in oil, yet so far in debt, so many jobless citizens, lack of resources for their communities, and overall national instability, it would behoove them to take the risk and propel their currency at a higher rate sooner than later. This would eliminate the major problems that are of immediate importance within their country. One thing I would highly suggest people remember is that the value of the USD is definitely on the decline, keeping that in mind, IMO the dinar has not revalued because Iraq knows the value of the dollar is higher, thus when large quantities of dinar are purchased, more American greenbacks are used. Iraq prefers the use of the USD over their own currency, this is a fact. As the dollar continues to decline it puts pressure on them to revalue. The thing to keep your eye on is the international rate that the dollar holds each day, the lower it gets, the closer we are to an RV -J P.S. With the lack of Dinar purchased at auctions on America's part, it would make sense that our govt knows that as less is purchased, more pressure is put on them to revalue. If this is an irrational statement or defies logic, please let me know, I would love some other opinions on the matter