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DRV1804

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Posts posted by DRV1804

  1. THEN WHY ISN'T SHABIBI PULLING THE TRIGGER,... I WILL TELL YOU WHY. #1 THE GOI IS NOT FULLY FORMED YES I KNOW ITS 99.8 PERCENT FORMED BUT ITS NOT 100%, AND THEN "M" HAS TO MAKE THE BIG ANNOUNCEMENT "THE GOI" IS FORMED. #2 HCL LAW IS NOT PASSED AGAIN ONCE IT IS PASSED "M" HAS TO MAKE THE BIG ANNOUCMENT "THE HCL HAS PASSED"..#3 THE ALMIGHTY CHAPTER 7 IS NOT COMPLETED CLEARED AND AGAIN THE BIG "M" HAS TO MAKE THE ANNOUNCEMENT.. "CHAPTER 7 IS CLEARED" ...THESE ARE THE THREE MAJOR ISSUES THAS HAS BEEN THE PROBLEM ALL ALONE AND CONTINUE TO BE THE PROBLEM...SO ONCE THESE ARTICLES ARE CLEARED UP, THEN WE WILL SEE THE RV... LET THE BASHING BEGIN.. :lol::lol::lol:

    Mrref WHY ARE YOU YELLING AT US!! ENOUGH WITH THE ALL CAPS!! LOL JK have a good day my friend, and take a deep breath your making me nervous :):lol:

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  2. I can't believe anyone would even watch MSNBC.

    Ed Schultz used a deceptive edit to misinform his audience about the content of Gov. Rick Perry's speech in Iowa yesterday. Schultz claimed that Gov. Perry was calling President Obama a "black cloud hanging over America" when in fact, the governor was talking about the national debt.

    http://www.breitbart.tv/outrage-nbc-news-ed-schultz-uses-deceptive-edit-to-paint-rick-perry-as-racist/#.TkuGD65xTtY.facebook

    To be honest Rick Perry is tied to some pretty disgusting things and groups I could give two sh**s if something is twisted to make him look bad.....i guess that's, oh what do they call it.....oh ya KARMA!!!!

  3. Hay why don't you too email Breitling and settle your differences in opinion once and for all. I mean obviously you both have a bias opinion that he has no clue what he is talking about and I myself would take the challenge but your intelligence levels far out seed mine for sure. lol Two pees in a pod

    Mont...i think you are reading way to much into my post...I actually enjoy Breitling, like i said when im having a down day on this investment i like to listen to him.....i dont know if he's a pumper and to be honest i really dont care...IMO it appears he does his homework and gives us his best interpretation of the same articles we read....Bondlady and Adam do the same...i dont have any "difference" with Breitling, i like to hear the passion he has for this investment, whether or not he will infact be correct one day, well that remains to be seen...i can only pray he is...Hope that clears it up for you Mr. Mont....Happy Saturday my DV friends, and as always GO RV!!

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  4. Just more evidence that breitling is an idiot lol......does he not understand that the dinar and the USD are tightly in relation to one another? Because guess what is backing the dinar???? Ill give you a hint....its what we use for money lol.....

    SO TRUE KEEP!!!! lol I think i listen to Breitling sometimes if im having a down day on this investment....its hard to know WHO to believe in this dam investment...so many snakes out there..u know??!!

  5. THIS IS A RECYCLED ARTICLE. Here is the original I found from Jan 11. Although the link does not provide a date now, it did when I read it then.

    Advisor Central Bank of Iraq: Coming soon to issue the currency of a 100 thousand dinars

    January 11th, 2011 07:47 pm ·

    Palm – adviser said the Iraqi Central Bank the appearance of Mohammed Saleh, said that the Iraqi currency need to expand and we will issue a currency class 100 thousand dinars.

    Saleh said in a press statement that the central bank is considering the idea of re-structuring of currency in terms of specifications and forms to be that we will work to issue new categories of currency have the ability to shorten the quantities large financial aid, pointing out that trading continued in the use of $ 100 is the biggest proof of the urgent need to work on this size.

    Salehi, and that the process of lifting of the zeroes needs time and official approval from the government and parliament, adding that the moment is Muhio to delete the zeros from the currency.

    brought this from another site...........

  6. «Warka» Iraq are preparing to merge with «Standard Chartered Bank»

    Friday, August 19, 2011

    BAGHDAD - Naseer Goldfinch

    Announced the «Bank« Warka »near the Iraqi Special integration with« Standard Chartered »British, at the request of the Iraqi Central Bank raising capital all private bank to 250 billion Iraqi dinars (200 million dollars) before the end of 2013. The Executive Director of «Warka» Mohammed al-Samarrai and the existence of an agreement for integration reached its final stages between the two banks, Iraqi and British, giving the first bank's ability to finance major projects. He stressed that the integration of the bank with a giant foreign corporation will increase the confidence of customers and the government and the Central Bank of Iraq.

    The central bank called on the Iraqi private banks to merge with each other, to ensure the composition of large amounts of capital to facilitate the work of financial and enhance the confidence of the citizen. The source of the «Union of Iraqi banks» of «life» that «private banks refuse to integrate, as family banks, not financial institutions in the true sense. Every family wants to sit on the throne of a financial institution does not share the second family ». The source explained that the first merger will be agreed between the four private banks, noting that «there is no solution to the integration of these banks only, as it is obliged to submit financial statement to the end of 2013 as the central bank raised its capital to 250 billion Iraqi dinars».

    And operating in Iraq six Arab and foreign banks are private «Arab Banking Corporation» Bahrain and «Turkish Agricultural Bank» (aprons) and «Bank Melli Iran» Lebanese banks and «Byblos» and «Intercontinental» and «Beirut and the Arab countries». The Iraqi financial institutions are seven state banks, five of which specialist cares for the industrial, commercial and housing, and 30 private banks, of which seven are Islamic.

    http://translate.google.com/translate?hl=en&ie=UTF8&prev=_t&rurl=translate.google.com&sl=ar&tl=en&twu=1&u=http://international.daralhayat.com/internationalarticle/272519

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  7. Then why are they mentioned?

    How do you know that's what they're doing? Do you think your statement applies to all "gurus"? If not, why some, but not all?

    I never called them "guru's" when i think of guru's i think of the ones that do nothing but blow smoke, and purposely make false statements.....i have never, ever thought that BL or Breitling were making false comments....i have NEVER heard them say, "just got intel that the RV will happen tomorrow night, whoooo hoooo our ship has come in" they do just what i said, they try their best to interpret and connect the dots of these articles...nothing more...they spend hours doing so and I for one am grateful we have them....just a sidenote I want to put Adam in the "thank you" basket as well!!!!

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  8. Interesting that she doesn't consider the fact that they mention both Turkey and Brazil (both of which lopped) important.

    With all due respect GT5...Im not sure i have ever seen a positive post from you....i see you attack people's character such as BL and Breitling when all they are doing is just what we all try to do everyday and thats connect the dots and make our best educated guess on what Iraq is going to do with the RV'ing of their currency....may i ask why you waste your time on this forum when it seems like the opinion you have about the investment is negative...?? Im not trying to bash you, im genuinely interested on why you continue to follow the Dinar......best wishes........and as always GO RV!!

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  9. Vietnamese Dong - VND - Is an internationally traded currency - You can just go a purchase from bank or currency exchange

    Takes a couple of day's but it would be cheaper this way.

    That's what I wanted to do but the closest one to me is 30 min away and w my work hours I would never make it there. So I wanted to find a place over the Internet that's around the same price as a bank or currency exchange and ezforex is the only I can find that's close??

  10. was going to order from them today,thanks for the heads up.

    I found it..this is what a DV memeber told me a few days ago...i was going to buy some VND from them because of the price...

    "Id be concerned buying from ezforex. make sure you grab their US Registration document. It might be needed for these transactions and that is why I bought through tampadinar. "

    Read more:

  11. * Cat3D: don't promote other sites:The first part is a Letter of Intent to the IMF

    August 18th, 2011 01:06 pm · Posted in CHATS & POSTS (Iraqi Dinar Info)

    Hi all!

    As a result of an email a friend just sent to me, I thought I would repost this again as many people here in the forums as well as in chat, have been asking where exactly Dr. Shabibi has made an official statement regarding the intentions of an RV.

    The first part is a Letter of Intent to the IMF (from 3/3/11).

    The second link is a balance sheet flow chart describing how valuation of foreign currency takes place.

    The commentary on this is not mine…just the same, I hope all of this is helpful and can be saved as a reference by those who didn’t have this document to date.

    Peace to ALL!

    This is pretty clear “revalue the remaining foreign currency” “Diversify currency composition” & “remove exchange restrictions”

    Revalue the remaining foreign currency denominated balance sheet items!

    COMPONENTS/RESTRUCTURING TO RV

    I have reviewed in some detail the requisite criteria for the restructuring and implementation of the Central government investment accounts under the PFM Public Financial management System as mandated by the MOF and coordinated with the IMF & World Bank. The process is somewhat skewed given that the plan methodology is integrated with the Iraq 2011 Budget which as we all know has fluctuated pro forma income and production projections with the contributory oil pricing variable. With these in mind, one should also bear in mind that the Iraq economic policy has experienced delays in their capital budget primarily due to the political uncertainties as noted in the IMF report (noted below).

    The key components of production increases, pricing and large investments in the oil infrastructure have reduced the 2011 budget deficit while allowing for an increase in more transparent government finance activities. This trend toward a surplus position in the following years is realistic and will put government finances on a sustainable footing to help rebuild the government’s financials.

    I believe that the revaluation we are looking for is more than clearly defined and outlined in the letter of intent to the IMF: “Iraq: Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding”

    http://www.imf.org/e…/irq/030311.pdf

    1.We have worked with IMF staff to complete the review of exchange laws and regulations and are considering measures to remove the identified exchange restrictions on current international transactions.

    2. In this regard, we formed a Bank Reconciliation Unit that comprises technical level staff from the banks, the CBI and the Ministry of Finance, and with the assistance of Ernst and Young (who were the agents of the Ministry of Finance in the external debt restructuring process) to: (i) deal with all legacy external liabilities taking into account the government’s actions in the context of Iraq’s external debt restructuring (ii) indentify and propose to write-off non-performing loans to defunct state-owned enterprises; (iii) propose a course of action for other remaining unreconciled accounts; and (iv) after the balance sheets have been cleaned up, revalue the remaining foreign currency denominated balance sheet items.

    3. The CBI will follow the guidelines to diversify currency composition and establish an appropriate duration and credit risk profile, and build capacity for risk analysis.

    I encourage everyone to review this letter and contrast its content to the economic reality of revaluation as not just a pipe dream but a documented FACT as outlined.

    http://www.imf.org/e…/irq/030311.pdf

    FOR THOSE WHO STILL DON’T UNDERSTAND

    http://help.sap.com/…106/content.htm

    • Upvote 3
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