Carrello

What does this have to do with the RV? This "news" adds nothing to our discussion.

rdb - you got a +1 from me. Carrello

What the hell are you even thinking. What a moronic comment. Why would you even go there at this time with so many positive events happening that will affect us and the rest of our lives, and many other lives, as well. Mubarak is stepping down freeing the Egyptians of this horrible regime, which is not that different that Saddam Hussein's regime. The Saudi king may have passed, which may start another revolution to free a country's people. These activities could possibly revamp the entire ME. These are huge events for the WORLD. And you choose you bash OUR President over communication between two heads of state. How miopic can you get. You probably forgot to bash Secretary of State Hillarious Clinton's pantsuit. Next time........

MUBARAK EXPECTED TO STEP DOWN BREAKING A Wall Street Journal Roundup CAIRO—Egyptian President Hosni Mubarak is expected to step aside Thursday evening, the head of the country's ruling party said, finally conceding the main demand of protesters gathered in central Cairo's Tahrir Square. Hossam Badrawy, secretary-general of the National Democratic Party, said he told Mr. Mubarak in a telephone call Thursday that the president needs to step down for the good of the country. Mr. Mubarak didn't say what he would do, Mr. Badrawy said, but Mr. Badrawy said he believes the president will step down. "I have no definite information, but that is my expectation" that he will step aside," Mr. Badrawy said. "He is definitely planning to speak to the nation tonight." The comments came as another huge crowd gathered in Tahrir Square and a military officer told those gathered that top military officials were meeting and that they planned to support the people's demands. Egyptian state television reported that the army was preparing to take control. "I spoke to him as the head of the NDP," Mr. Badrawy said. "I told him this is for the good of the nation. This is the only way to restore confidence in Egypt. This is the move that the republic needs." * Mubark to Step Down

Firefighter, do you need a Kleenex?

I agree. There is a sea of news and rumors and it is out of hand. It is copy, cut, paste news. Perhaps we need News divided into news that have an affect on the RV and news that might be interesting but can read a week from now if we have noting else to do. Example: Yesterday there were four posts (one of them I posted) on the Saudi oil fields and the estimated volume and quality of oil found there. This was not new news, but it was a topic that should have, in my opinion, started some dialogue with DV members regarding the effect on the value of the IQD. Nothing. This site has so many knowledgeable people that start intelligence conversations, it is a shame to miss an opportunity for smart forums because of all the rhetoric and duplicity taking place This morning I go to News and between the translation problem, the names and terms that are different for English speaking people, and having to interpret the titles given by a poster, I got a headache. It is very confusing at 5 am. I have to search and search for Doc's post. And I have to vent: enough already with the Wells Fargo conversations. Ok. They do not want to buy, sell, burn, bury IQD. We get it. And how does that affect the RV? Although, I will say, that once this hits, someone has some splainin to do regarding a missed opportunity for income generation. EASY opportunity. And you know anything, if you have ever had a bank account, you know that a teller, an assistant manager, a manager, will know nothing about foreign currency, not to mention the IQD. So, you are very clever to ask, but save your breath. Okay, now with that off of my chest, I can go back to News and attempt to find Doc's post for the morning, if he had time and caffeine, of course. Thanks Doc!

Hopefulfv, you have a lot of people trying to answer your questions. You are getting a lot of support and these people are being very kind to you. But your attitude is amazing. You are DEMANDING information and then chastising members because no one is willing to give up an answer. Maybe it is your attitude. Why would you be looking for an answer as important as the validity of an RV from a bunch of strangers? As important as your question was, would you not want to research the answer for yourself? And you should have anyway. Yes, it is the questions forum, but you need to help yourself as well. And frankly, after 50 hours of reading (which, in this investment, is not that much) you should have had the answer yourself. When was the last time you shared information that you had mined? I thought so. I get the picture. This reminds me of a South Park episode where Paris Hilton's dog shot itself in the back of a limo because he just could not take the spoiled, demanding brat anymore. Good night Paris....

Smee2, you get a +1 from me. Thank you for all of your posts. Keep warm in Canada. Carrello

Hammy, this was posted yesterday on DV in Rumors by Ron Scarpa: No email was mentioned. CEO Rumor from PD - 2/8/2011 Donnie R - Posted Today, 04:20 PM I sit on a board with 8 retired CEO's and CFO's whom are heavily invested in the IQD. I'm going to share with you a few things that were discussed and passed around for comment. Here is what they know and see first hand as to why they are convinced we are at the point of NO return. 1. High security alert in Iraq - CONFIRMED 2. Dignitaries ( High Ranking Officers) have arrived for a special announcement - CONFIRMED 3. Banks put on notice a week ago ( influx of cash on hand) no other reason for additional cash but - CONFIRMED 4. Staging areas throughout Iraq for the purpose of a historic announcement - CONFIRMED 5. CBI bank has relocated to it's new bank building, new computers, software, latest high-tech security in place - CONFIRMED 6. Vice-President Joe Biden arrival for announcement, they could not confirm 7. Kurds now pumping and drilling oil - CONFIRMED 8. The CEO's truly believe the GOI was and has already been seated 9. The CEO's truly believe the budget has been read twice and doe's not have to be read the 3RD time in order to RV 10.The lower denominations are in the banks and ATM's ready for disbursement - CONFIRMED Now I will explain what all of this means to the CEO's: Could you possibly imagine the involvment in staging an event of this magnitude not taking into account all the dignitaries who were invited to attend this historic announcement and all issues mentioned above have been put in place and they don't execute the RV? The embarressment to Iraq and it's gov't would be the final blow in front of the entire world. We can't imagine even though this is Iraq, they would substantiate the fact they really are not capable of engaging and demonstrating themselves as being competent to protect and care for the Iraqi people. Here are the CEO'S final thoughts ,this train is coming to a complete STOP, Iraq will RV in the next 24 hrs. Prepare yourselves, I believe this is the end of our rollercoaster ride! My prayers are with the Iraqi people that the CEO's are 100% correct! "GOD BLESS EACH AND EVERYONE OF THEM" Read more:

Yes, it is from 2004. It is a document of history. It is a chapter is the Iraq / US history book, and it is one chapter in Iraq's history documenting part of the change brought to Iraq through the democratic process..

It is funny. I posted the same article earlier this morning and got only two comments: one from another planet and one from Earth. To me, this is huge news. The important part as I see it, has nothing to do with the procedures to be completed regarding an RV, but the supply and demand aspect regarding the value of the IQD itself. Great news for the people of Iraq and for DV members too!

Emerald, this is a GOOD thing for the Iraqis and for us. Supply and demand. Low supply and a high demand will drive prices up. Therefore, the IQD will have more value. This is a good thing for us if we hold on to our dinars and do not cash out too soon.

My link WikiLeaks cables: Saudi Arabia cannot pump enough oil to keep a lid on prices US diplomat convinced by Saudi expert that reserves of world's biggest oil exporter have been overstated by nearly 40% • Peak oil alarm revealed by secret official talks • Datablog: Are we running out of oil? * John Vidal, environment editor * guardian.co.uk, Tuesday 8 February 2011 22.00 GMT Aerial View of Oil Refinery Saudi oil refinery. WikiLeaks cables suggest the amount of oil that can be retrieved has been overestimated. Photograph: George Steinmetz/Corbis The US fears that Saudi Arabia, the world's largest crude oil exporter, may not have enough reserves to prevent oil prices escalating, confidential cables from its embassy in Riyadh show. The cables, released by WikiLeaks, urge Washington to take seriously a warning from a senior Saudi government oil executive that the kingdom's crude oil reserves may have been overstated by as much as 300bn barrels – nearly 40%. The revelation comes as the oil price has soared in recent weeks to more than $100 a barrel on global demand and tensions in the Middle East. Many analysts expect that the Saudis and their Opec cartel partners would pump more oil if rising prices threatened to choke off demand. However, Sadad al-Husseini, a geologist and former head of exploration at the Saudi oil monopoly Aramco, met the US consul general in Riyadh in November 2007 and told the US diplomat that Aramco's 12.5m barrel-a-day capacity needed to keep a lid on prices could not be reached. According to the cables, which date between 2007-09, Husseini said Saudi Arabia might reach an output of 12m barrels a day in 10 years but before then – possibly as early as 2012 – global oil production would have hit its highest point. This crunch point is known as "peak oil". Husseini said that at that point Aramco would not be able to stop the rise of global oil prices because the Saudi energy industry had overstated its recoverable reserves to spur foreign investment. He argued that Aramco had badly underestimated the time needed to bring new oil on tap. One cable said: "According to al-Husseini, the crux of the issue is twofold. First, it is possible that Saudi reserves are not as bountiful as sometimes described, and the timeline for their production not as unrestrained as Aramco and energy optimists would like to portray." It went on: "In a presentation, Abdallah al-Saif, current Aramco senior vice-president for exploration, reported that Aramco has 716bn barrels of total reserves, of which 51% are recoverable, and that in 20 years Aramco will have 900bn barrels of reserves. "Al-Husseini disagrees with this analysis, believing Aramco's reserves are overstated by as much as 300bn barrels. In his view once 50% of original proven reserves has been reached … a steady output in decline will ensue and no amount of effort will be able to stop it. He believes that what will result is a plateau in total output that will last approximately 15 years followed by decreasing output." The US consul then told Washington: "While al-Husseini fundamentally contradicts the Aramco company line, he is no doomsday theorist. His pedigree, experience and outlook demand that his predictions be thoughtfully considered." Seven months later, the US embassy in Riyadh went further in two more cables. "Our mission now questions how much the Saudis can now substantively influence the crude markets over the long term. Clearly they can drive prices up, but we question whether they any longer have the power to drive prices down for a prolonged period." A fourth cable, in October 2009, claimed that escalating electricity demand by Saudi Arabia may further constrain Saudi oil exports. "Demand [for electricity] is expected to grow 10% a year over the next decade as a result of population and economic growth. As a result it will need to double its generation capacity to 68,000MW in 2018," it said. It also reported major project delays and accidents as "evidence that the Saudi Aramco is having to run harder to stay in place – to replace the decline in existing production." While fears of premature "peak oil" and Saudi production problems had been expressed before, no US official has come close to saying this in public. In the last two years, other senior energy analysts have backed Husseini. Fatih Birol, chief economist to the International Energy Agency, told the Guardian last year that conventional crude output could plateau in 2020, a development that was "not good news" for a world still heavily dependent on petroleum. Jeremy Leggett, convenor of the UK Industry Taskforce on Peak Oil and Energy Security, said: "We are asleep at the wheel here: choosing to ignore a threat to the global economy that is quite as bad as the credit crunch, quite possibly worse."

Who owns Wells Fargo???

Thanks for the clip Hammy. This helps to start the day with a brighter attitude. Thank you for all the information and analysis that you provide. I learn something in all of your posts, one of which is patience. Between you, Keep, BanG, Darin, Mr. Rich, Adam, and those that ask questions, LeoGets, Smee2, TJ, and many others that are thinking, thank you. What you provide is food for thought so that we can make our own decisions.

What is a "real" theory?

If the GCC is important to them, I would think they RV would take place prior to February 15th when the GCC meeting takes place. Iraq has requested membership in the GCC, but cannot be admitted until they have a tradable currency. My two cents, or no sense, whatever way you want to take it.

If that the only thing you can come up with? Several other members that are quite knowledgeable, thought it was compelling information. I don't recall any spelling errors, although the spacing was off, but I believe that was because of formatting due to the transfer. Not bashing, comma, just saying.

If you get a hold of Clint, let me know. I am looking for an endorsement for a golf product. I am looking for manufacturer's reps too!

You are welcome and I am a woman, not a man.

Mr. Abdul Hussein Al-Anbuge should contact Ali regarding the bank he is going to open in Iraq. If Ali would merge his funds, they would have $ 10 bn rather than $ 1.6 bn. Snark. Just kidding. Ali is a good businessman.

I am sure it costs more than not having an understanding of what is happening in countries around the world. Don't you see the consternation, demonstrations, front page news about discontent? We may be able to quell the storm if we have a first hand understanding as to what is going on. But if the ME blows up I am sure it will be cheaper than 200 or so plane flights and hotel rooms.

I have two words for you. Can you guess what they are?

Where did Darline get this?: Darline says JP Morgan Chase didn't want to invest previous but she says that now 2 execs were killed in Iraq the other day due to unknown causes. The "unknown causes" was a plane crash.

Here you go: http://iraqdailytimes.com/economist-iraq-on-the-investment-potential-and-possibilities-before-joining-the-world-trade-organization/ [url=http://iraqdailytimes.com/economist-iraq-on-the-investment-potential-and-possibilities-before-joining-the-world-trade-organization/]