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dhr05b

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Everything posted by dhr05b

  1. I see this as fantastic news. I don't care if it's an article, opinion piece, or whatever - with regards to this investment, I believe EVERYTHING is planted. Go back to the front page article in USA Today about a week/week and a half ago. It headlined Iraq's electrical capacity and how it has doubled since when Saddam was head of Iraq. While I don't think there was a hidden clue about an imminent or eventual revaluation of the Iraqi Dinar, I know good and well this was placed there for a reason - perhaps to encourage investment? I don't know, but it certainly caught my attention. As I've said before, a big reason my family is invested in this thing is because of the happenings with China when in the preceding days of the Yuan's revaluation, much flat out false news was printed. Hands down, this was to discourage speculation, as speculators are an undeniable threat to a country's fiscal stability. With some banks no longer selling IQD as of last Friday, a week of interesting currency auctions at the CBI, and a few key words in Shabibi's speech on the 19th, I feel we're on the brink of something in this investment.
  2. Ditto. If you want out, I'll give you Ali's buyback plus $10 per million.
  3. Specifically, inflation. This is their main economic indicator, and I'm sure you've seen multiple quotes from Shabibi, et al about maintaining an appropriate amount of inflation. Back in October, I believe it was around 3 percent. Today it has about doubled and they've been panicking lately because of it. The other number I'm referring to is the M2 rate. For February 2011, they have it at 25.4. I don't have any proof by way of screenshots, etc., but I know this was in the mid-30s in November and December. Watch for the new M2 (for March 2011) and you'll see a lower number. I will almost guarantee it. With low inflation and a declining M2 (indicative of pulling notes OUT of circulation - fitting with the interpretation of some on the 'lifting of the zeroes' articles), there is simply no need to decrease the currency value by 1,000. (Not for you, Keep, but some need to understand a LOP would be for ALL notes of currency, not just the larger notes). This is all from my study and research in the master's program. Again, I hate to throw that out there as I don't want to appear that I'm trying to trump you or anyone else - just trying to provide some credibility. I've seen your posts before and you are very well-versed. This is just one area I feel like I've got a pretty good grip on.
  4. As has been posted before, the 'lifting of the three zeroes' could also mean the physical pulling of the larger notes out of circulation - keep in mind the translation from Arabic to English. I choose to believe the lifting of the zeroes is a very GOOD thing - it's possible proof that the CBI is trying to pull in the larger denoms in order to destroy them (evidenced in the declining M2 figures on the CBI website). This would allow for a rate increase and the introduction of lower denominations. I HIGHLY doubt a lop as they do not suffer from hyperinflation. This would also be catastrophic to their economic recovery.
  5. I have a master's in economics and accounting, but I'm not claiming that for the sake of this post or this investment. You absolutely CANNOT read into anything that is put out of that country. You can read it for entertainment value, but you can't place too much weight in it. They will never come out and tell you straight one way or another, because they can't. This investment isn't about finding that elusive article that tells you exactly what's going to happen, because it does not exist. My father told me about this investment, and also told me to believe nothing in print. When China revalued, they took out full page ads in the New York Times, USA Today, and others the week before saying something to the extent of "No way will we revalue the Chinese Yuan...it will be catastrophic to our economy, etc... What happened one week later? Don't get caught up in the misinformation. Also, note the declining M2 ratio on the CBI website. This is indicative of a depleting money supply (as the M2 measures currency in circulation). The 'lifting' or 'deleting' of the zeroes from the money supply would cause the M2 to decrease, as evidenced by the economic indicators on the CBI website. Don't fear the LOP - because the numbers don't point to it, because people like Ali say it's not happening, and mainly, because you can't do anything about it.
  6. I think there are far too many people throwing around versions of the word 'pumper' here. I'm inclined to think the constant low-ballers are the 'pumpers' simply because If it's going to be $.01 to .26, I'm probably going to convince myself that I need more in order to start a business, buy a house, or start saving for college/retirement. If I have X amount of IQD and trust the rate will be in the range of $3+ (from the contacts of Frank, et al), I don't need to purchase as much to fulfill my fiscal desires. If they were truly 'pumpers' and received commission from dinar sales, one would think that they would be instilling fear in the masses that this won't come in above a nickel.
  7. and I was still in my DD (Due Diligence stage) that you should have before you make ANY investment, Read more: Just because you spent a few hundred or a few thousand smackers, doesnt mean you are an investor. It means that you are a speculator. Read more: I'm confused. So the purchase of the Iraqi Dinar is an investment, but we're not investors?
  8. You're taking that out of context. ROACH was saying he/she hopes (for forgiven one's sake) that it is God's plan that the IQD is RV'd soon and their problems solve themselves. It was not a statement of fact. Even if it was, how about a little compassion for this person? It may not be tough for you right now, but there are many suffering and praying that tomorrow is the day. Ease up on the negativity. Did religion abuse you as a child?
  9. Very good said. I think too. And, i recommend for all members to be cognizant of the fact that rumors are rumors. Really, folks. Take it easy.
  10. Just the value of the dollar increasing - believe it or not. Here: http://www.businessweek.com/news/2011-01-04/u-s-stocks-decline-as-stronger-dollar-weighs-on-commodities.html Jan. 4 (Bloomberg) -- U.S. stocks fell, with the Standard & Poor’s 500 Index retreating from the highest level since September 2008, as a stronger dollar weighed on prices of commodities and shares of the companies that produce them. Stocks pared losses as minutes from the last Federal Reserve meeting said the economic recovery wasn’t strong enough to scale back a second round of quantitative easing. Newmont Mining Corp., the largest U.S. gold producer, declined 3.3 percent as the metal fell the most in six months. Freeport- McMoRan Copper & Gold Inc., the world’s largest publicly traded copper producer, lost 0.7 percent as materials producers in the S&P 500 declined 0.5 percent. The S&P 500 slid 0.1 percent to 1,270.20 at 4 p.m. in New York after losing as much as 0.7 percent. It gained 1.1 percent yesterday for its biggest advance in a month. The Dow Jones Industrial Average rose 20.43 points, or 0.2 percent, to 11,691.18 today. “The market is in a very reactive mode, trading off data points, and that kind of news dependency speaks to a lack of commitment by investors to stay invested,” said Liam Dalton, president of Axiom Capital Management Inc. in New York, which oversees $1.4 billion. “I would be suspicious of any strength early this year because we have conflicting signals and the overall economy may be improving, but it is still not so strong that it can support a major bull market.” Market Momentum The S&P 500 gained 13 percent in 2010, bringing the advance since March 2009 to 86 percent, the biggest rally for a comparable period since 1955, according to data compiled by S&P. Yesterday’s rally sent the gauge’s 14-day relative strength index to almost 76, the highest level in almost two months. Readings above 70 in the gauge of stock market momentum are considered signals to sell. U.S. stocks will fall by the end of 2011 as earnings growth slows, according to Adam Parker, Morgan Stanley’s head of U.S. equity strategy. The S&P 500 will drop to 1,238 by the end of the year, a decline of 2.7 percent from yesterday’s close, according to a report dated yesterday by Parker’s team. S&P 500 companies will earn a total $93 per share this year and $98 in 2012, the report forecast. The bank is the most bearish among 13 strategists’ forecasts tracked by Bloomberg News. Laszlo Birinyi, one of the first money managers to advise buying U.S. stocks before they bottomed in March 2009, said the average length and size of bull markets suggests the S&P 500 will rally to 2,854 on Sept. 4, 2013. The forecast represents a gain of 125 percent from today’s close and 322 percent from the 12-year low reached almost 22 months ago. Newmont, Freeport Newmont Mining declined 3.3 percent to $59.08. Gold futures tumbled 3.1 percent to $1,378.80 an ounce amid speculation that a global recovery will curb demand for the metal as a haven investment. Freeport-McMoRan lost 0.7 percent to $118.75. Copper futures fell the most in six weeks on speculation that manufacturers have enough metal to meet demand. Motorola Mobility Inc., the mobile-phone maker spun off from Motorola Inc. today, rose the most in the S&P 500, gaining 9.5 percent to $33.12 in its first day of trading on the New York Stock Exchange, valuing the company at $9.74 billion. The stock trades under the ticker MMI and was rated “overweight” in new coverage by Barclays Plc and “outperform” by Cowen & Co. Motorola Solutions Inc., formed from Motorola’s remaining two-way radio and scanning-gear units, began trading as MSI. Those shares rose 6.6 percent to $39.77, the second-most in the S&P 500. Pay as You Go MetroPCS Communications Inc. rose 6.5 percent to $13.92 for the third-biggest gain in the benchmark index. The U.S. pay-as- you-go mobile phone company had its share-price estimate increased to $20 from $15 at Deutsche Bank AG and was added to the firm’s “short-term buy” list. Phone stocks added 0.7 percent as a group, the most among 10 industries in the S&P 500. Alcoa Inc. climbed 4.6 percent to $16.52 for the biggest gain in the Dow. CNBC’s “Mad Money” host Jim Cramer said the shares may climb as high as $22. Aluminum demand this year “will go through the roof,” Cramer said, amid higher demand for autos and airplanes, as well as the need for the metal in the housing industry. Alcoa is also a “prime” takeover target, Cramer said. Safeway Inc. dropped 3.8 percent to $21.64. The supermarket chain was cut to “market perform” from “outperform” at BMO Capital Markets. Fed Comments Supervalu Inc. fell the most in the S&P 500, losing 6.4 percent to $9. The grocer was cut to “underweight” from “equal-weight” by Morgan Stanley. Fed policy makers said that improvements in the economy didn’t meet the threshold for scaling back their plans to purchase $600 billion in bonds. “While the economic outlook was seen as improving, members generally felt that the change in the outlook was not sufficient to warrant any adjustments to the asset-purchase program, and some noted that more time was needed to accumulate information on the economy before considering any adjustment,” the Fed said in minutes of its Dec. 14 policy meeting, released today in Washington. Stocks retreated even after government data showed earlier that factory orders unexpectedly rose in November, led by demand for capital equipment that signal business investment and exports will keep contributing to economic growth. The 0.7 percent gain compares with a 0.1 percent drop forecast by economists surveyed by Bloomberg News and follows a 0.7 percent decrease in October that was smaller than previously estimated, figures from the Commerce Department showed. Orders for capital goods like computers climbed 2.6 percent. Labor Department data on Jan. 7 is forecast to show the unemployment rate dropped to 9.7 percent in December from 9.8 percent in the previous month as the economy added 140,000 jobs, according to the median estimate of economists in a Bloomberg survey. --With assistance from Francesca Cinelli in Milan. Editors: Michael P. Regan, Nick Baker To contact the reporter on this story: Nikolaj Gammeltoft in New York at ngammeltoft@bloomberg.net. To contact the editor responsible for this story: Nick Baker at nbaker7@bloomberg.net.
  11. dhr05b

    MM17 Chat

    That's all I've been able to find as well... the 3 phases and 23 years (http://www.clubdeparis.org/sections/traitements/irak-20041121/viewLanguage/en). Let's hope we're misguided or that the Paris Club and RV are independent of one another.
  12. Is anyone else concerned that God has made the donkey a member of al Qaeda?
  13. I've been thinking about pulling the 'reserve trigger' lately. Thanks for the info.
  14. Remember to take into account the trillions of dinars that will be traded daily once the IQD is listed on forex. It's not as if the CBI will be cutting checks to each one of us the instant this goes through. After this happens, investment firms and other individuals will speculate on the future of Iraq. The money these firms and individuals use to purchase dinars following a revaluation will be the same money that ends up in our bank accounts when we sell back our 'shares.'
  15. Our payday does not come from our banks or theirs (CBI, and others) alone. Remember that once this hits the forex, banks and dinar dealers worldwide will be trading trillions of dollars worth of dinars every day. The money you make on this investment will come from the pockets of others speculating on the future of Iraq following a revaluation.
  16. I missed the first 10 -15 minutes of the call, but I'm also fairly certain that Ali said he had been hiring 2-3 people a week for some time now. It was also made clear that putting in 5,000 additional lines would NOT necessitate hiring 5,000 additional people. I'm really not trying to twist anything Ali was saying, but having Verizon come out on Friday to install 5,000 lines seems like a bit much even if he's just trying to 'keep up' with the growth in clientele. His reasoning was along the lines of 'well, we'll eventually need those extra lines, so we might as well pay for them now.' Being the prudent businessman that I believe him to be, however, I don't buy into this 100%. Call me gullible or what have you, but it's the little things I'm finding encouragement in these days. Ali cannot legally predict a date or rate - just buy and sell the currency; but if I were a betting man (and I am to be in this investment) I would be willing to put money on the idea that he at least has a feeling of a sooner-rather-than-later change in the status of the IQD.
  17. Correct me if I'm wrong, but I believe those were two of several instances in which there was extremely high inflation (1,000%+) - which actually called for a currency lop. At the end of the day, you just have to have a little faith in this. Nothing anybody says or prints will have any weight until the revaluation (or whatever) occurs. I will side with the many that 'know' Iraq will not lop their currency because inflation is officially at around 16% (unofficially 21%). I also don't think they would do this since it would negatively affect their economy and irritate a lot of investors who are going to help rebuild that country.
  18. $8.16, yesterday. I'm done because IT'S done.
  19. dhr05b

    VIPER51 RV

    Always good to hear from you. Thanks!
  20. Absolutely. I imagine this type of talk will drive even the most peaceful of people into taking a CHL class - my wife, for instance.
  21. Good to hear from your true self again ...as opposed to your alter-ego. Thanks for the post, and have a great weekend.
  22. Yeah, unfortunately, I must agree with you..
  23. http://www.kuna.net.kw/NewsAgenciesPublicSite/ArticleDetails.aspx?id=2117641&Language=en
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