mort

http://articlesofinterest-kelley.blogspot.com/2011/05/iraqi-dinar-equal-to-13-us-dollars-iraq.html Interesting.

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I am simply passing on rumor, this is the rumor section is it not? I am pasting from the iphone whilst on the train, so I apologise for any spelling errors. And by the way, I dont blow anything!!

Why on earth would I do that?

This is from some guy called Longfellow from another site. Do people actualy believe this crap? Things are getting interesting, VIPs and there support people cashed in this morning at a rate of $4.40. We will see it possibly today but for sure by the time I get back from Italy on the 16th. Maybe I should swing buy and order my buddies gift before I leave for supplying me with all this intel. Lets see the Red Convert or Black California Ferrari? Buckle up its go time. Go big or Go Home, Go RV

[OKIE_OIL_MAN] HELLO AMERICANS-SHIPS AT SEA AND WORLD WIDE FRIENDS--I AM STILL IN RETIREMENT FROM POSTING BUT HAVE FELT COMPELLED TO COME ON HERE TODAY AND TELL YOU INTEL I AM IN POSSESION OF. JUST AS I STATED LAST THURS NIGHT THE R/V OCCURED. THERE ARE MEETINGS GOING ON AS I SPEAK IN WASHINGTON D.C. AND IN BAGDAD STILL IRONING OUT LAST MINUTE DETAIL'S. I WAS INFORMED BY 5 SEPERATE SOURCES OF THE R/V AND ALSO THIS WAS SUPPOSE TO HAPPEN TODAY BUT DUE TO TIME LAG AND A LITTLE LAST MINUTE BARGINING THAT TOMMOROW THE R/V WILL BE ANNOUNCED. THE RATE IS STILL VALID.--I WILL ADDRESS ONLY A FEW (KNOW WHAT A FEW MEANS??) QUESTIONS----GO FOR IT-- [OKIE_OIL_MAN] IT IS OVER--IT IS DONE--WAIT FOR IT [OKIE_OIL_MAN] ALSO THE US TREASURY WILL ASSIST OUT CASHING IN PROCEDURE [OKIE_OIL_MAN] THE R/V I AM EXPECTING DOES NOT HAVE 4 WHEEL'S [OKIE_OIL_MAN] BANK AT THE TIME WAS CORRECT AND STILL IS OPTION---OTHER OPTIONS OF TREASURY JUST BECAME AVAILABLE TODAY [OKIE_OIL_MAN] RAY--EVERYTHING FINALIZED PERIOD!!!!!

http://translate.google.com/translate?hl=en&prev=/search%3Fq%3Dnahrain%26hl%3Den%26client%3Dfirefox-a%26hs%3Dbh9%26rls%3Dorg.mozilla:en-US:official&rurl=translate.google.com&sl=ar&twu=1&u=http://al-iraqnews.info/new/studies/58550.html Thoughts anyone? Mods, please remove, just seen its already been posted, apologies.

The last 2 lines from the following link are the most interesting. This news article looks like its from today. "The bank is also reportedly planning to remove three zeroes from the Iraqi dinnar in a bid to further stablize the currency and improve the government's purchasing power." http://www.zawya.com/story.cfm/sidZAWYA20110510054522

Called on the Electoral Commission for elections of all local media and global to attend a press conference and described as "as significant" تعقده يوم غد الاثنين . Convened on Monday. The Commission said in a press statement, on Monday it would hold, an important press conference at its headquarters in Baghdad, calling on all the media coverage and to send their delegates, the Commission did not disclose the content of the conference.

Agreed.

After taking all this in, I am just so pleased I only purchased what I could afford. There was a point last year when I nearly signed up for a credit card just for more dinar, glad I didn't. I have a friend who is from Iraq who I have been speaking with, but he just says ( to quote a certain waiter from faulty towers ) " I know a not ing " Heres to hoping this is not going pear shapped, you never know, we may just be reading too much into it. We can still dream right?

04/05/2011 Auction currency between the decision of the Central Association and the demands of private banks بغداد-حيدر فليح الربيعي BAGHDAD - Haider al-Rubaie Filaih Called the Association of Banks on the need to reconsider the decision of the Central Bank, which prevent which the participation of any of the private banks in exchange auctions daily before the submission of statements of settling accounts tax them, at a time indicated the Association that the decision is contrary to confidential information of clients of the banks non-governmental organizations. MALE An official source at the Central Bank were among the most prominent of good that is being addressed at the present time is to create harmony between monetary and fiscal policy, which is the tax system one of the main pillars of those two policies, denying at the same time, the frequency of fears about rising inflation after the decline in sales of the Central of the dollar due to lack of participation of private banks, which did not disclose Thasabha tax, stressing that the bank's reserves of foreign currency of approximately $ 54 billion, which contributed to strengthening the power of the dinar which he said was the strongest currencies in the region now .. In the meantime, Director General of the reduced General of Taxation of the importance which he described as (natural), indicating that the private banks is a joint-stock companies what they must be settling accounts and tax according to tax law No. 113 of 1982 in force .. The central bank has asked the participants in the auctions daily currency held by the need for settling accounts tax as a condition to participate in those auctions, which led to a decline in sales of the Central of the dollar to reach without a $ 20 million, after the average sales in the periods that preceded the decision nearly 130 million in the words of his adviser, Dr. appearance of Mohammed Saleh, who said during his speech for the (morning) that the banking secrecy that some claim should be saved in the private banks should not intersect and the country's economic policy, describing the frequency of demands for cancellation of resolution or review by the being contrary to the privacy of customers of private banks, b (words to be right for the wrong reasons), emphasizing those liabilities may contribute to the promotion of money laundering or it is hiding something more behind it .. Saleh said also: The currency market is the market officially in Iraq, has been found for the purposes of intervention in the stability of the Iraqi dinar exchange rate, it is used as well as many indirect means to ensure exchange rate stability, and became the private sector depends directly on the financing of his business and his works from that auction , so it is natural to deal with the legality of other banks that participate in the daily Mzhadath, settling accounts and request the tax is nothing but a key part of the policy advocated by the central bank continuously .. He also called for the need to create a kind of intimate relationship between the tax system and between the holders, stressing the importance of re-evaluation of some of the tax laws that can reflect the status of the trust Alachkad Balthacb charge of taxation and away from them the fears that haunt them from it .. And on fears of rising inflation due to falling sales of the Central of the dollar, between the benefit that the bank has the power as he can to reverse the country's financial stability, and has more measures that enable greater stability in the rates of prices in the provision of foreign currency, adding that the Iraqi dinar is now one of the strongest currencies in the region, and enhanced the magnitude of the volume of bank reserves, which it said amounted to approximately $ 54 billion .. He explained that the Director General of Taxation Kazem al-Husseini during his speech for the (morning) that the economic activity in Iraq in all its forms is subject to the charge for tax, noting that private banks operate through the formation of companies, so they are subject So to the provisions of the Income Tax Act in force and that they must be continuously settling accounts with the Tax Authority .. The al-Husseini, the roof tax in Iraq at 15 percent of the net profits of any economic activity, describing the ratio Balaoto compared to the rest of the neighborhood, which is subject to settling accounts of tax to legal action strict and rates are very high .. pointing out that the ceilings tax in Iraq does not pose any burden real process of capital accumulation to various economic activities as much as it is considered an investment in support .. In a reference to the implications of Central Bank's decision to reduce the possibility of investment activities of private banks mentioned by a number of stakeholders in the matter between Husseini said talking about negative effects can be triggered by the tax system to limit economic activities, including the work of private banks is lacking in accuracy and objectivity .. According to the Director General of Taxation, the rate of 15 percent of the net profit is the amount of settling accounts tax is in many countries within the (advantages and tax incentives) will be granted only to economic activities that are meant to encourage, while in Iraq, giving the general economic activities other than oil in order to encourage .. In turn, called the Association of private banks (an association working to unify the work of private banks in the whole of Iraq and seeks to organize its work can contribute to the economic process is an active and influential) demanded that the Central Bank of the importance of stopping the resolution or review by, the Association claimed on the lips of CEO that intersects the resolution and confidential banking information to customers in particular .. Abdul Aziz al-Hassoun during the interview with the (morning): The central bank asked banks on the need to settling accounts tax has greatly impacted on the size of private banking in Iraq, especially in the field of foreign exchange, adding that many of the dealers with the private banks are reluctant to provide any information about their tax as well as the move is contrary to the confidentiality of private banking, according to Hassoun .. He opposes laws goldfinch private banking with a central bank which provided not allowed to disclose information on clients of banks, but to the judicial authorities and the decision of the court .. Stressing that the commitment of private banks to provide data on their customers is a violation does not allow its norms professional banking business, as well as caused by the reluctance of clients and customers of those banks, is that the worst that can result from the decision by the Executive Director of the Association of private banks is to resort customers to the routes may be illegal to transfer money abroad, and received without recourse to the banking system in the country, He pointed out that this matter has already started on the ground is evidence of decline in central bank sales, which represents the bulk of foreign remittances .. http://articlesofinterest-kelley.blogspot.com/2011/05/iraqs-banking-and-taxes-auction.html

This is still much lower than 150 mil as it has been before. Even with 12 banks, its still only 13 million, which is not much in the grand scheme of things. COM ON RV!!

Lower demand for dollar on Tuesday BAGHDAD / Aswat al-Iraq: The Central Bank of Iraq (CBI) dollar sales dropped on Tuesday to $3.515 million at an exchange rate of 1170 Iraqi dinars per dollar, compared to the previous session’s $20.936 million. "The demand hit $3.515 million in cash today, covered at an exchange rate of 1,183 Iraqi dinars per dollar, and no foreign transfers have been done outside the country," according to a CBI news bulletin received by Aswat al-Iraq news agency. None of the 6 banks that participated in today’s session offered to sell dollars. The Central Bank of Iraq runs a daily auction from Sunday to Thursday. http://en.aswataliraq.info/Default1.aspx?page=article_page&id=142333&l=1

This is the lowest auction in the last 5 years.

I have never seen the auction as low, ever. The latest daily currency auction was held in the Central Bank of Iraq on the 3-MAY-2011. The results were as follows: Details Notes Number of banks 6 Auction price selling dinar / US$ 1170 Auction price buying dinar / US$ ----- Amount sold at auction price (US$) 3,515,000 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) 3,515,000 Total offers for selling (US$) -----

I have no doubt the Americans have taken photos of the pig and performed an autopsy in Kabul. They have also recorded the dumping at see. These will be shown to the world in the coming days/hours. No I do not believe everything I read, not at all. Yes I believe in aliens, no I dont think Elvis is still alive, or Bruce Lee. But I also do not believe that your own government created 9/11.

Yeah rite, OK, and I suppose Bush blew the trade centre apart. Give me a break pal, to even suggest that bin laden was no terrorist !! You are insulting every man women and child affected not just by 9/11, but 7/7, bali, uss cole, the list goes on and on. I suggest inserting your head into a large pan and boiling it for a while before you post anymore paranoid crap. There are many many people on here who will not like you comments one little bit, and rightly so, you deserve to be banned for life for what you have said.

To all americans out there, I congratulate you on the fantastic work work today by the Seals. The pig is dead at last. It is not going to bring anyone back I know, but this just had to happen. There will be no virgins waiting for him either, he will rot like the filthy pig that he was.

First of all, I apologise if this has been posted already, it is 2 days old, but I dont remember seeing it on here. Also explains why the auction at CBI has dropped from around 200mil to 50. http://aknews.com/en/aknews/2/235821/

Good old english insults, they cant be beat!!

I do not understand this post one little bit. 1. There is to be NO RV of our pound. This has been mentioned before on this site, its simply not true. 2. I am no fan of our Royal Family, however, they have paid for their own wedding, not one penny is from the taxpayer. Also, today is a one off public holiday due to the wedding, so not only have they paid for their own wedding, thay have also paid for the whole country to have a day off. However, I do agree with you regarding the live like real people remark. I love the day off believe me, but if I see that **** eating smile from prince william one more time, I may throw up!!!

Does anyone know why the exchange rates have been removed from the CBI website? Has this ever happened before? I know I have never seen it. http://www.cbi.iq/?pid=Home〈=en

[gankans] Iraq: Inflation rises to 5.7% due to high electricity prices [gankans] Baghdad, April 21 (AKnews) - The advisor to the Iraqi Central Bank (ICB) said on Thursday that inflation has jumped from 5.5% in February to 5.7% due rising electricity prices in Iraq. Muzher Mouhammed told AKnews that the high rate of inflation in Iraq is due to the March hike in electricity prices. [gankans] "The rising inflation simply affects the economy but does not compromise the value of the Iraqi Dinar," he assured, "...the ICB has taken steps to curb increases in inflation". [gankans] The main task of the ICB is to maintain price stability, to implement monetary policy, to manage foreign currency reserves, to issue currency and to regulate the banking sector. [gankans] Gankans Quick Analysis: Why would they even mention the bold quote listed above, unless they are really concerned about it messing up the revalue of the IQD. I'm mean, are they really concerned about the IQD going lower?! [gankans] No! [gankans] Thought you might enjoy that article. [gankans] Did you guys get the latest from Poof? [gankans] Good stuff! [gankans] [tweetywood] Diamond 5 -This is from Poof: Yep Bernanke is holding his first news conference on weds which should prove to be most interesting in view of all this revaluing of currencies in this world. [gankans] The FRN ( Federal Reserve Notes ) is getting it's butt kicked out here and something needs to be done about it. The price of gold tells you what time it is because that price reflects the the dollars worth. Gold is priced on the dollar, remember when it was $35 an oz before we were taken off the gold standard in '72? [gankans] Well we are going back to the precious metal standard as the new global banking system is based on . People have been pushing the river about the the dinar, what is it being revalued against, what's the standard? No one seems to be going there, it has to be something other than a deval [gankans] just received this from a friend in an email, don't know origin but imagine PD: I hope you understand that I cannot say certain things or be explicit due to it coming back on the people who take such risks to share information with us. [gankans] Let me just give you this bottom line which I feel I can today since certain information is beginning to hit the internet. All that had to be worked out to get this revalue into our hands has been done. It is reliably reported today that the Iraqi smart cards are active and are at the $4.40 value. [gankans] This would be the CBI rate - could be that $3.86 bank rate we heard about here. Unless this goes up for us, this is most likely the rate we will be seeing later today or tomorrow when our screens go active. This is the end of the RV ride. Banking and financial systems are ready globally and have been told to be ready. However, the revalue is not all that is taking place here. The new U.S. Treasury notes will be coming out simultaneously with or just behind the revalue. The Federal Reserve will be doing a change over to the U.S. Treasury this week and cease to exist as such. For all who might raise an eyebrow and wonder if I am buying into a conspiracy, let me put that thought out of your head now. Anyone who has received any instruction from the "IRS" regarding payments after April 15, have found that they are now instructed to make payments to the U. S. Treasury (not the IRS). For those who remember the Silver Certificates that were replaced with the Federal Reserve Notes a few decades ago, it was a clean-cut exchange, no major changes we thought much about. This should be pretty much the same flow. The difference is that the U.S. Treasury notes will now be worth something, not just fiat money or I.O.Us . More changes will be coming on the heels of this which is scheduled for mid-week, but the changes are ultimately for the better and are part of "justice" being done. Stay tuned - it promises to be a very interesting time ahead. BUT, most of all, we can rejoice in the fact that we will finally have our "cash in hand". Be Well, Be Safe, Be Wise; you will be wealthy! Norma and Jerry Jose However, the revalue is not all that is taking place here. The new U.S. Treasury notes will be coming out simultaneously with or just behind the revalue. The Federal Reserve will be doing a change over to the U.S. Treasury this week and cease to exist as such. For all who might raise an eyebrow and wonder if I am buying into a conspiracy, let me put that thought out of your head now. Anyone who has received any instruction from the "IRS" regarding payments after April 15, have found that they are now instructed to make payments to the U. S. Treasury (not the IRS). For those who remember the Silver Certificates that were replaced with the Federal Reserve Notes a few decades ago, it was a clean-cut exchange, no major changes we thought much about. This should be pretty much the same flow. The difference is that the U.S. Treasury notes will now be worth something, not just fiat money or I.O.Us . More changes will be coming on the heels of this which is scheduled for mid-week, but the changes are ultimately for the better and are part of "justice" being done. Stay tuned - it promises to be a very interesting time ahead. BUT, most of all, we can rejoice in the fact that we will finally have our "cash in hand". [gankans] This is from Poof [gankans] Not me [gankans] Thought it was well done [gankans] For all who might raise an eyebrow and wonder if I am buying into a conspiracy, let me put that thought out of your head now. Anyone who has received any instruction from the "IRS" regarding payments after April 15, have found that they are now instructed to make payments to the U. S. Treasury (not the IRS). [gankans] This is not from me folks...this is from Poof, it was emailed to me. [gankans] For those who remember the Silver Certificates that were replaced with the Federal Reserve Notes a few decades ago, it was a clean-cut exchange, no major changes we thought much about. This should be pretty much the same flow. [gankans] [garit] The difference is that the U.S. Treasury notes will now be worth something, not just fiat money or I.O.Us . More changes will be coming on the heels of this which is scheduled for mid-week, but the changes are ultimately for the better and are part of "justice" being done. Stay tuned - it promises to be a very interesting time ahead. BUT, most of all, we can rejoice in the fact that we will finally have our "cash in hand". Be Well, Be Safe, Be Wise; you will be wealthy! [gankans] I'm not answering questions on the date. Sorry. It can happen anytime in my opinion. [gankans] Nobody knows except a handful of people in the world and we are not one of them. [mirty] Rodney what do u think about the post about Shabibi in a meeting with bankers this am [gankans] mirty If it's true then it is very interesting and probably very important. He doesn't just have meetings to talkk about his meals. Good question. [faithworks2] Gakans, I have a question please. Will the Fed/iRS be desolved or merely evolve into the Treasury by an "agreement' among "friends in high places?" [gankans] faithworks2 I heard the Fed is going away along with IRS eventually. Now, they will probably do something more subtle. [gankans] They will probably change how they run things quite a bit. [faithworks2] But could they actually continue to exist but just renamed? [gankans] faithworks2 Sure, but under new management. [gankans] faithworks2 Transparency is key. [faithworks2] gankans --But the money behind the Fed (owners) will not just go away. They have had too good a thing for too long. [gankans] faithworks2 You assume to little or to much. Much to fathum. [aceman] the news said that the treasury would have quarterly press conferences now [gankans] aceman yes, isn't that awesome?! [gankans] I try not to assume to much about things like the FED and IRS stuff, it's just to much to assume. [gankans] I try not to assume to much about things like the FED and IRS stuff, it's just to much to assume. [aceman] gankans i don't know doesn't sound like any big announcements to me [gankans] aceman How do you figure? Do you know someone on the inside. Did you read some information? [mirty] Gankans what about the dong? [gankans] mirty Not sure. Sorry [aceman] no but we have read more into press situations on a lot of other things [gankans] aceman But you made a statement or your opinion about something like you knew something. [rubykay] if anyone waiting for some 'big announcement' re a RV, it will NEVER happen JMO gankans] rubykay Glad you are keeping it so positive. [aceman] no just going by past experiences gankans] aceman Explain AIG or Enron then. Those were different sets of circumstances. [gankans] aceman Not typical [2dinar1dong] I think the Positive has stepped aside to reality WE just do not know [gankans] 2dinar1dong Everyone has a different attitude and perception. [rubykay] drdinar. come on... Kuwait had NO announcement when they RV'd ! so there [gankans] rubykay Bingo! [aceman] gankans well i guess we will find out next week gankans] aceman Don't worry, you can say you were right again if it doesn't happen, along with 99% of the others. That's the easy road. I empathize. [t2010] *****gankans why doesn't Terry K come on anymore? * [gankans] t2010 He is extremely busy with family and work. He was on vacation this past week [2dinar1dong] gankans i am postive in the fact I know it will happen I am Neg in the fact I do not know when [gankans] 2dinar1dong Your choice. Smile [2dinar1dong] Oh I am very Positive and glad I KNOW all that I have learned it is Unbelievable what people do not know....And that people think I am out of my mind when I know it will happen. [gankans] 2dinar1dong I hear ya there! Good point!

Easy, well said. +1