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KingCong
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Posts posted by KingCong
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i have always looked at this as a good currency investment not a get rich quick investment. 3 times is a good return for the amount of time ive been in it. not the best return but a good return non the less.
ive always had the thought in the back of my head that there is something that there not telling us... you know...that one thing that changes all the parameters of the game and if we new that one thing we would of played differently.
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They are so confused that they don't know up from down. The Iwaki's are masters of confusion because they are themselves so confused. You can't take a camel jokey and hand him the keys to a porsche and expect him to get from point A to point B without a great deal of trouble.
The sky will not fall until US troops leave Iwak, then things might get a little dicey. Much of what we read is just Iwaki circle talk, spouted by a lot of babbling Iwaki's that just love to run off at the mouth anytime they get a chance.
Eventually the fog will clear and our ship will still be on course!
i hope that if something were to go down or the gurus know something that will be detrimental to our investment, they will have the guts to say something. including all mods... if they leave us hanging i will bury someone.
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WELL WELL, LOOKIE HERE. IN THE PAST WELLS FARGO HAS MADE IT CLEAR TO MANY AND EVEN IN MY HOMETOWN THAT THEY WAS NOT AND WILL NOT BE HANDLING THE IRAQI DINARS AS IT IS SUPPORTING TERRORISM AND THE CURRENCY WAS WORTHLESS AND WILL REMAIN WORTHLESS BECAUSE THAT COUNTRY CANNOT GET THEIR HEAD OUT OF THE SANDS LONG ENOUGH TO THINK LIKE A HUMAN BEING SHOULD.......FORWARD TO TODAY, NOW BIG BAD BOYS BANKING SAYING THEY HAVE BOUGHT OUT FOREIGN CURRENCY EXCHANGE. WHAT ON EARTH DO YOU THINK OF THAT PEOPLE. I GUESS THE BIG BOYS WAS PLAYING HIDE THE BALL. MAYBE ONE DAY ALL THE PIECES WILL FALL INTO PLACE SO WE ALL CAN BE HAPPY............. DID SOMEBODY TELL THEM THEY WILL HAVE TO HANDLE DINARS...........
already posted but this is a hell of a topic...
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there have been multiple people bailing and saying to get out because this thing will not end the way we think. so what are we missing? does somone know something we dont?
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I honetly don't feel that it matters at this point. It was a great mile stone to shoot for then, but now It has zero effect. IMHO.
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.article_summery { text-align: justify; } Aswat Al Iraq / Politics , Baghdad URGENT / Baghdad’s Arab Summit postponed until March 2012
5/5/2011 3:24 PM
BAGHDAD / Aswat al-Iraq: The Baghdad Arab Summit has been postponed until March, 2012, according to an agreement between Iraq’s Foreign Minister, Hoshiar Zibary and the Arab League’s Secretary-General, Amro Moussa, the semi-official al-Iraqiya TV Channel has reported on Thursday.
“Hoshiar Zibary and Amro Moussa have agreed on the postponement of the Arab Summit, that was scheduled to convene in Baghdad next May to March 2012, according to a demand by the Iraqi side,” the Channel said.
Iraq’s Permanent Respresentative to the Arab League, Qais al-Azzawi, announced March 2, 2011 that the Arab Foreign Ministers have decided in their meeting in Cairo to postpone the Arab Summit, scheduled to convene in Baghdad from its scheduled time at the end of March, 2011 to May 15 next.
.article_summery { text-align: justify; } Aswat Al Iraq / Politics , Baghdad URGENT / Baghdad’s Arab Summit postponed until March 2012
5/5/2011 3:24 PM
BAGHDAD / Aswat al-Iraq: The Baghdad Arab Summit has been postponed until March, 2012, according to an agreement between Iraq’s Foreign Minister, Hoshiar Zibary and the Arab League’s Secretary-General, Amro Moussa, the semi-official al-Iraqiya TV Channel has reported on Thursday.
“Hoshiar Zibary and Amro Moussa have agreed on the postponement of the Arab Summit, that was scheduled to convene in Baghdad next May to March 2012, according to a demand by the Iraqi side,” the Channel said.
Iraq’s Permanent Respresentative to the Arab League, Qais al-Azzawi, announced March 2, 2011 that the Arab Foreign Ministers have decided in their meeting in Cairo to postpone the Arab Summit, scheduled to convene in Baghdad from its scheduled time at the end of March, 2011 to May 15 next.
.article_summery { text-align: justify; } Aswat Al Iraq / Politics , Baghdad URGENT / Baghdad’s Arab Summit postponed until March 2012
5/5/2011 3:24 PM
BAGHDAD / Aswat al-Iraq: The Baghdad Arab Summit has been postponed until March, 2012, according to an agreement between Iraq’s Foreign Minister, Hoshiar Zibary and the Arab League’s Secretary-General, Amro Moussa, the semi-official al-Iraqiya TV Channel has reported on Thursday.
“Hoshiar Zibary and Amro Moussa have agreed on the postponement of the Arab Summit, that was scheduled to convene in Baghdad next May to March 2012, according to a demand by the Iraqi side,” the Channel said.
Iraq’s Permanent Respresentative to the Arab League, Qais al-Azzawi, announced March 2, 2011 that the Arab Foreign Ministers have decided in their meeting in Cairo to postpone the Arab Summit, scheduled to convene in Baghdad from its scheduled time at the end of March, 2011 to May 15 next.
.article_summery { text-align: justify; } Aswat Al Iraq / Politics , Baghdad URGENT / Baghdad’s Arab Summit postponed until March 2012
5/5/2011 3:24 PM
BAGHDAD / Aswat al-Iraq: The Baghdad Arab Summit has been postponed until March, 2012, according to an agreement between Iraq’s Foreign Minister, Hoshiar Zibary and the Arab League’s Secretary-General, Amro Moussa, the semi-official al-Iraqiya TV Channel has reported on Thursday.
“Hoshiar Zibary and Amro Moussa have agreed on the postponement of the Arab Summit, that was scheduled to convene in Baghdad next May to March 2012, according to a demand by the Iraqi side,” the Channel said.
Iraq’s Permanent Respresentative to the Arab League, Qais al-Azzawi, announced March 2, 2011 that the Arab Foreign Ministers have decided in their meeting in Cairo to postpone the Arab Summit, scheduled to convene in Baghdad from its scheduled time at the end of March, 2011 to May 15 next.
Aswat Al Iraq / Politics , Baghdad URGENT / Baghdad’s Arab Summit postponed until March 2012
5/5/2011 3:24 PM
BAGHDAD / Aswat al-Iraq: The Baghdad Arab Summit has been postponed until March, 2012, according to an agreement between Iraq’s Foreign Minister, Hoshiar Zibary and the Arab League’s Secretary-General, Amro Moussa, the semi-official al-Iraqiya TV Channel has reported on Thursday.
“Hoshiar Zibary and Amro Moussa have agreed on the postponement of the Arab Summit, that was scheduled to convene in Baghdad next May to March 2012, according to a demand by the Iraqi side,” the Channel said.
Iraq’s Permanent Respresentative to the Arab League, Qais al-Azzawi, announced March 2, 2011 that the Arab Foreign Ministers have decided in their meeting in Cairo to postpone the Arab Summit, scheduled to convene in Baghdad from its scheduled time at the end of March, 2011 to May 15 nextURGENT / Baghdad’s Arab Summit postponed until March 2012
5/5/2011 3:24 PM
BAGHDAD / Aswat al-Iraq: The Baghdad Arab Summit has been postponed until March, 2012, according to an agreement between Iraq’s Foreign Minister, Hoshiar Zibary and the Arab League’s Secretary-General, Amro Moussa, the semi-official al-Iraqiya TV Channel has reported on Thursday.
“Hoshiar Zibary and Amro Moussa have agreed on the postponement of the Arab Summit, that was scheduled to convene in Baghdad next May to March 2012, according to a demand by the Iraqi side,
http://en.aswataliraq.info/Default1.aspx?page=article_page&id=142372&l=1”
Iraq’s Permanent Respresentative to the Arab League, Qais al-Azzawi, announced March 2, 2011 that the Arab Foreign Ministers have decided in their meeting in Cairo to postpone the Arab Summit, scheduled to convene in Baghdad from its scheduled time at the end of March, 2011 to May 15 next
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are there banks outside of iraq that will hold dinar in a savings account?
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a foreign-licensing, consulting company -- recently developed advice for investors regarding the many obstacles in place to effectively make an informed decision on investing in currencies in emerging regions such as Iraq, South America and Africa.
"Our company's main objective is to let the buyer beware that the easiest way is not always the best," said William Burbank, of BB&M International Corporation. "Complying with laws in the country you are investing in is of primary importance in the investment process."
Burbank says that investing in exotic foreign currency is risky business. However, if it is done correctly, the payoff is more like winning a lottery than a securities investment.
"The track record of winners to losers is not that impressive," Burbank said. "Many unstable countries change their currency every few years to help control runaway inflation and often to curb corruption. The African country Ghana just looped off three zeros in their currency. This was done more to help control the rampant illegal diamond business in that country than to help inflation. There was an estimated 25 percent of the currency in criminal hands outside the country's banking system. The turn-in period was short -- only 60 days -- and the customer turning in old currency had to have an existing bank account."
He said there have been three very notable winners in the past few decades.
One is the Russian ruble, said Burbank. The ruble was not on the international market until the late 1980s. There were many speculators in neighboring areas like the Baltic States, Finland and Northern Europe. These people could buy a ruble for less than a penny -- usually about 10 rubles to the penny -- but the market was totally outside the banking system and it was not legal under Russian law to move rubles in or out of the country. To invest legally in the currency was very difficult, but was successfully done by one private Forex investment company called Saxo Forex in their Midas Forex fund. The difference between a private and public Forex fund is that a public one must be registered and regulated by the Securities and Exchange Commission (SEC) and can publicly advertise. The private Forex is just like most hedge funds and is self-regulated. The Saxo Corporation had to move their company to Estonia where it was legal to open a Russian bank account. At that time, it was illegal for a U.S. or European citizen to open a Russian bank account.
"When the ruble became an international currency, the first thing the Russian government did was print new currency and give only 90 days to turn in old currency to convert to new currency," Burbank said. "They also put a temporary freeze on new bank accounts being opened during the turn-in period. This left all the tens of millions of rubles outside Russia as worthless. A successful investor made several thousand percent in just the first year."
The next case was the Kuwaiti currency, Burbank said. It had a fourth and fifth printing after the first Gulf War and skyrocketed several thousand percentage points from a few pennies to more than $3 per dinar. This proved very difficult due to the fact a bank account in Kuwaiti dinar was needed to benefit from the currency's rise. Very few U.S. citizens actually made money on this investment. Those who did realize success had to have bank accounts United Arab Emirates (UAE) where banks offered CDs in the Kuwaiti dinar, or with other Arab nations that offered the same service.
The third winner is the Mexican peso, he said. Most people do not know that the peso went out of U.S. banks when they first printed the new peso -- minus three extra zeros -- in the late 80s. This is the only case where the currency was not reprinted and went up in value over the next five years, and was eventually allowed to be traded internationally in the same form.
"Today investors are interested in the Chinese yuan, the Vietnamese dong and the Iraqi dinar to name a few," Burbank said. "The lesson learned is to make sure you comply with the issuing countries' laws on their currency and business."
For example, in Iraq – where BB&M International Corporation is the only licensing/Forex company currently in operation – the country currently has a closed policy on their currency and only allows 60,000 dinar (about $50 USD) in or out of the country. Iraq also recently stopped foreign banks from buying dinar with dollars directly from the Central Bank of Iraq.
"To safely invest in any of these countries, you need a state-approved business license," Burbank said. "Because we do licensing in Iraq, we do make it easier to do business there, where licensing has gone up dramatically for foreign companies. Often times it is better to wait until the currency actually makes it to the international market before investing or doing business."
For more information, please visit http://www.bbmone.com/index.htm.
###
BB&M International Corp
i understand the point he is trying to make.
how safe is owning the dinar? if these cases that have been mentioned are indeed accurate, im preaty sure they are, then what can we do as investors to combat these problamatic areas? thats the real question.
also with all the problems warka is having what bank can we go to? what bank will hold dinars outside of iraq? i would like some definate answers in regards to protecting our dinars... thoughts much appreciated.
mabye but i see alot of unanswered questions.
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I DON'T THINK ANY OF GUYE ARE GURUS. TO BE A GURU YOU NEED TO BE RIGHT, AT LEAST SOME OF THE TIME, NONE OF THEM HAV BEEN RIGHT YET. AND ADAM NOT LONG AGO SAID .10CTS. I OFFERED ADAM THE .10CTS POST RV FPR ALL HIS DINAR AND HE CRAWFISHED!
what do you mean Crawfished?
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This article is from the future!!!!!! Holy Sheit Muslims!!!!! April 26, 2011
Interesting!!
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actually some of us make more than that. the bottom camp manager makes 200,000+ and the top spot in a Trade's is 250,000
65k-120k is the base you still add the uplift and hazard pay makes it about triple .
I'm a contractor here in the states. How do I get involved with contracting over there?
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the nerve of this country. on one hand telling USA to get out of the country and on the other asking for our help so other countrys wont destroy them financialy. JMO
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how do u know they are there?....and dont say u have sources...lol
tom brokaw posted on twitter 22 hours ago, that he was in bagdad...
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Comedy hour here at DV!
LOL, You are only "dissapointed" in Obama? Cut and dry - Blame Bush!
Blame Clinton!
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anyone else get the vibe these folks are sitting around a table passing the hash pipe to each other listening to some Pink Floyd or Frank Zappa?
thats what im doing HAHAHA!!!
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"Iraq, with a democracy imposed by American force, is still a volatile tableau from which to draw lessons about how to establish a democracy in the Middle East. Insurgent attacks occur daily. Its prime minister, Nuri Kamal al-Maliki, has raised alarms recently with moves to consolidate power over the judiciary and the security forces. Transparency International ranked Iraq as the fourth most corrupt country in the world last year, just ahead of Afghanistan, Myanmar and Somalia. Iraq is still more violent for civilians than Afghanistan, and American soldiers still die here, as one did Sunday from a roadside bomb in the south."
Not a great group to be associated with.
why is afghanistans dollar worth more than iraqs?
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what are some other ways to invest in iraq? i read awhile back that there was more money to be made in oil bonds and the investing in iraqs infistructure like cell companies. what are some different ways to invest?
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Trump: Like Him or Not, Saddam Didn’t Put Up With Terrorists
by Patrick Summers | March 15, 2011
i love the DON...
Donald Trump (AP Photo)
In an extremely wide-ranging and at times surreal interview with Human Events, Donald Trump said he admired Saddam Hussein's terrorism policy.
"Whether you like Saddam Hussein or not, and I don't - he was a bad guy - but he used to shoot terrorists, he use to kill them. He didn't give them a trial like in this country...he used to shoot terrorists and kill them."
As Iraq's president, Saddam Hussein was accused of chemical weapon attacks against entire villages and towns, and he was eventually convicted on charges related to the killing of 148 Shi'ites and was sentenced to death by hanging. He was executed on December 30th, 2006.
On Afghanistan and U.S forces, Trump stressed, "I want to invest a lot of money into our military."
But exactly what he meant by that is pretty unclear, as he added, "We don't have to have our soldiers over there in the Middle East being blown up by land mines...it's just not going to happen. With me we're going to build the United States."
However he's apparently ok with sending naval forces into the Indian Ocean. When confronted with the Somali pirate situation, Trump insisted, "Give me one good admiral and a few ships and I will wipe them out so fast."
Where does the potential presidential candidate stand on the current administration?
"George Bush gave us Obama whether you like it or not. George Bush gave us Obama, without George Bush we don't have Obama. So I've never been a fan of George Bush."
Mr. Trump was then asked which Supreme Court Justice he most admires. He responded, "I know numerous of the Justices and I don't want to insult any of them to be honest with you by saying that I particularly admire one. There is one that I admire very much, but I don't want to insult anybody by discussing the one I most admire because I know a number of them." It would seem unlikely that any of the current Supreme Court Justices would be offended to learn that he or she had not been selected as Trump's favorite arbiter.
And in the wake of the Wisconsin law Governor Scott Walker signed on Friday, curtailing unions' power to bargain and collect union dues, Trump disclosed his allegiance to the guild.
"I grew up with unions. New York is largely union...I've had great relationships with unions and I've made good deals. I've made a lot of money, I mean, I've made billions of dollars and in many cases I've been dealing with unions. So really, collective bargaining doesn't bother me so much."
Donald Trump previously pondered a presidential bid in 1988 and again in 1999. As for 2012? The millionaire businessman promises a decision by early June.
Read more: http://politics.blog...s#ixzz1GlrTKuPj
i love the DON...
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DON'T BUILD UP YOUR HOPES... BUT....... DO HOPE FOR THE BEST!!!!!! I HOPE THIS IS IT!!!
PLEASE JESUS
We all need group therapy!
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No when I did the converision for 100000 it said 150
haha its late, with a few beers its all good.
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At this rate I wouldnt make back what I spent!!!!
then you would have spent twice as much as everyone else here!!!
did you buy your dinar on ebay? 8000$ for 25,000 dollar note
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Seems like with these numbers RV Would be around 10 cents? 50,000 for state employees and 120,000 for the pres.
Thoughts?
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what the heck is going on?
in RV & Dinar Questions
Posted
hahaha Classic! Perfect Explanation.