Nothing-Ventured

July 6, 2011

Hey Ross

Thanks for this...!

Regard or disregard this from me....

I Believe this...

Whenever we are made aware of things like this, I call it a Clarion call to pray...based on the fact that GOD is not a harmful Creator, and as what was stated in a recent Kim Clement recording, God gets a lot of flack for the negative things that happen in our world...

But..... we actually do have an adversary...

We can pray against these particular events....

I hate gloom and doom articles, but in a way they are a heads up for us in that...what was meant for evil, God can turn to the GOOD.....IF we pray....

Well, that’s my 2 cents worth anyways....

Thanks for taking the time to post

July 5, 2011

This was just posted by one of their members, so I thought I would share it:

"..To Frank & Family:

I cannot provide you a direct link as this is INSIDE my secure Warka Bank Account. But once inside, I NOW see the following Exchange rates compared to the Iraqi Dinar have EXPANDED to include several ADDITIONAL mid-east currencies, INCLUDING the Japanesse Yen and Swiss Frank. (No pun on Frank) I check the Warka charts very frequently and am quite familiar.

Currency Exchange Rates

Currency Currency Buying Rate Currency Selling Rate

US DOLLAR 1175.0000000 1183.0000000

EURO 1686.8810000 1687.7250000

STERLING POUND 1904.5090000 1905.4620000

Jordanian Dinar 1950.0000000 1960.0000000

UAE Dirham 314.0360000 314.0360000

Kuwait Dinar 4600.0000000 4600.0000000

YEN JPY 14.5210000 14.5290000

Swiss Franc 1397.3170000 1398.0000000

Also -- The Warka Bank Currency Rate Comparison Chart is below:

Currency Rates Comparison

Compare Currency Currency Currency Buying Rate Currency Selling Rate

Iraqi Dinar Iraqi Dinar 1.0000000 1.0000000

Iraqi Dinar US DOLLAR 1173.0000000 1176.0000000

UAE Dirham US DOLLAR 3.6170000 3.6170000

The Iraqi Dinar is now being compared to itself for some reason. AND THEY ARE NOW COMPARING THE UAE DIRHAM TO THE US DOLLAR. In addition, instead of the US Dollar being compared to the iraqi Dinar, it is reverse, the Dinar is compared to the US Dollar. Another words... the Iraqi Dinar is now listed first. Does it meaning anything? Not my baliwick. Just relating to the family that there are internal changes to the Warka currency charts..."

July 4, 2011

Well guy's, even if this wasn't properly titled, it sure has some good news in it..huh!

Inching closer to the finish line

July 4, 2011

I was so excited to post this that I didn't take the time to read it all..! Now, as I read the article, all I can say is WOW..! Today is indeed a Historical Day..!

Happy 4th to All

July 4, 2011

BAGHDAD – Iraq is now free from U.N. Security Council sanctions for the first time in more than two decades – both a measure of the country’s progress and a harbinger of the challenges that accompany full sovereignty.

“This arrangement has come to an end,” said Iraqi Foreign Minister Hoshyar Zebari, who has orchestrated Iraq’s gradual fiscal liberation “to give Iraq its full freedom to manage its resources.”

It’s a double-edged sword. Iraq is no longer bound by international restrictions and oversight and can mainstream its economy by joining the World Trade Organization and rating its sovereign debt. But these restrictions were accompanied by international legal immunities preventing claims on Iraqi funds – all of which ended on June 30.

Iraq retains some protections under an American executive order, which was signed by President George W. Bush in 2003 and extended under President Barack Obama, most recently through May 20, 2012. Unlike the former U.N. immunities, however, the American protection does not cover Iraqi funds held outside the U.S.

Beyond the boundaries of the remaining American immunity, Iraq’s assets are now exposed to countries, companies and individuals who claim they are owed billions of dollars.

Much of Iraq’s debt was either waived or discounted in post-2003 agreements orchestrated by the United States. But Iraq still has an estimated $30-plus billion in outstanding bills – mostly reparations due to Kuwait from the 1990 invasion and war, but also sovereign and business debt.

An unknown number of bill collectors have been waiting for the day, which has now arrived, when they can take their claims to courts around the world. That uncertainty is the biggest risk for Iraq going forward, experts said.

“They (Iraqis) are not sure what claims are out there,” said a U.S. official familiar with Iraq’s finances. “If they are not aware, they are not sure how much they owe.”

Under the U.N. sanctions regime, Iraqi oil revenue flowed directly into the Development Fund for Iraqi (DFI), which was overseen by a U.N.-mandated body called the International Advisory and Monitoring Board (IAMB). Among other responsibilities, the IAMB ensured that five percent of revenues went towards paying Kuwaiti war reparations.

Kuwait and Iraq have a contentious relationship. The two countries recognize mutual interests – such as the need to delineate land and water borders and negotiate the development of cross-border oil and gas fields – but haven’t been able to reach agreements.

As part of the deal removing the U.N. sanctions, Iraq has agreed to continue setting aside 5 percent of its oil revenues, most of which goes to Kuwaiti reparations. Although Iraqi officials have complained this percentage is too high, they can’t dismiss it altogether: if Iraq reneges on those installments, Kuwait could turn to the courts for an immediate payout.

“Through our successor agreement, we made sure the five percent will still be paid” as talks continue, Zebari said.

Kuwait has recently angered Iraq by moving forward on a massive commercial port which, though in its own territories, could have a negative impact on Iraq’s plans to build a port on the Fao peninsula.

And Kuwaiti Airlines, which claims a $1 billion-plus tab is due from Iraqi Airways for theft of planes and parts in 1990, has said it will enforce a British court order by seizing any assets outside of Iraqi territory, including oil.

Such a move is unlikely because Iraqi crude, once it leaves Iraqi territory, is typically in the custody of another country or an international company.

And it won’t happen in the United States. “Any sovereign account has immunities,” said the U.S. official. “And the executive order gives extra immunities on top of that.” If the money stays in the United States, it is protected from attachment because no lawsuits can be filed in the United States and decisions by other country’s courts won’t be honored.

Iraq is now in charge of its own finances. Its central bank has taken control of the DFI, which consists of an estimated $50 billion held at the Federal Reserve Bank of New York, and an Iraqi Committee of Financial Experts (COFE) will play the oversight and auditing role previously performed by IAMB.

Like IAMB, COFE is subcontracting much of its auditing work to PricewaterhouseCoopers.

Iraq remains unsteady with violence and political disputes hampering development, but the country’s new financial sovereignty will allow it to enter the international marketplace and receive a sovereign debt rating, potentially spurring further investment.

Iraq has the third-largest proven oil reserves in the world and has already opened up to foreign oil investment. Exports have earned more than $30 billion so far this year – an enormous sum which nonetheless pales in comparison to the country’s reconstruction needs.

“The way investors look at Iraq is purely, purely, purely an oil play,” said Farouk Soussa, chief Middle East economist at Citibank, in a recent interview. He said the protection of Iraq’s money was key, as investors “just look at whether the cash flow is going to be sufficient.”

Ben Van Heuvelen contributed from New York.

Iraq oil money retains US protection

http://www.iraqoilreport.com

July 4, 2011

11:04 AM [8ball] Internal security law approved - MP --- 7/4/2011 5:30 PM BAGHDAD / Aswat al-Iraq: State of Law MP Hassan al-Sinaid said today that the Parliament approved the Internal Security Service and Pension Law. The news was broadcasted by the semi-official Iraqiyah TV. 11:05 AM [8ball] Security ministers and the retirement bill passed

11:05 AM [8ball] fasten your seatbelts

11:05 AM [8ball]

11:06 AM [romY] 8ball thanks

11:06 AM [radar64] thanks, 8ball

11:06 AM [unclerod] oh Wow thanks 8ball....great news

11:07 AM [mpw] wow for real 8ball !!!!!!!!!!!!!!!!!!!!!!!

11:08 AM [nothinmissin] Love you 8ball (hope I can say that!)

11:08 AM [mpw] ty 8ball

11:08 AM [kelsguy1113] so does the "semi-official" news make only semi accurate?

11:08 AM [radar64] I guess that means our retirement bill is passed as well

11:09 AM [kelsguy1113] radar64 i like the way you think

11:09 AM [radar64] I got to think this way, or I go nuts

11:09 AM [kelsguy1113] I a already there.

11:10 AM [radar64] micro movements toward the goal

11:10 AM [kelsguy1113] man it seems like they are mini micro movements recently. but progress none the less

11:10 AM [radar64] oh, yes I agree

11:14 AM [8ball] I believe that the RV is bundled in the retirement bill

11:15 AM [mpw] i heard that some where before 8ball

11:16 AM [8ball] so that no one would notice

11:17 AM [radar64] I am fine with that, 8ball, it could certainly backup anyone's retirement program

11:18 AM [8ball] sure would grease the wheels ...!!! Caaaa..... Chinch......!!!!!!!!!!!!!!!!!

11:18 AM [mpw]

11:18 AM [radar64] mine need greasing

11:18 AM [radar64] come on RV

11:22 AM [8ball] Iraqi banks closed today to complete the semi-annual financial adjustments -- * 11:22 AM [8ball] I under lined the important words

11:22 AM [8ball] Small bills11:22 AM [8ball] loan adjustments

11:22 AM [8ball] price adjustments

11:23 AM [8ball] so little time......

11:23 AM [8ball] IMO11:25 AM [8ball] Strauss-Kahn faces new sexual assault suit ---

11:25 AM [8ball] Must have tried to interfere with the game

11:27 AM [Divak] thank you 8ball !!

11:27 AM [8ball] If Strauss Khan...... would just realize that they really don't want his opinion....

11:33 AM [kelsguy1113] you think they are doing this to keep him quiet?

11:38 AM [8ball] Without duct tape

Also from another site, a youtube news clip about the dinar...wish it were in english!

July 3, 2011

Call me weird, but I am going with Frank's....Tuesday CASH-OUT..! But then again, I think I've totally lost it.. :blink:

Is there a dinar help group? :wacko:

July 3, 2011

I think at this point I am hoping for a Reinstatement, than for a RV...! We shall see, I guess

July 3, 2011

I think I might, but there are certain threads I will avoid..! It would be nice to see some new category's on investing our dinars after the big ole' RV..

July 3, 2011

Welcome, Welcome Mstr William! How's Alaska? Lived there for 3 years, 1983 to 1986 and loved the lifestyle! Needed a green fix, so I moved back to Washington State. Nice to have you here!

July 2, 2011

Thank You Robert B Lewis.....! Awesome due diligienc :twothumbs:

July 2, 2011

I just googled Central Bank Of Iraq and the regular CBI site came up, but then there is a new website listed on the first summary page, the link is:

http://www.cb-iraq.org/

It is not a working link yet and when I clicked on the properties tab, it said the date it was created was 7-1-2011....

Got any answers???

June 30, 2011

Something very strange is going on with the Iraq Dinar, Wikipedia page that I have had bookmarked for a long time. About a half an hour ago I clicked on it and many of the pictured curriencies WERE MISSING. I have since clicked on the page twice in the last 15 minutes, and each time all of the formatted information was changed..! WEIRD..! :blink:

Maybe it's just my computer, as it has been acting up......

http://en.wikipedia.org/wiki/Iraqi_dinar

June 30, 2011

OMG.....1757!

June 30, 2011

I’ve been a DV member since March 24, 2011 and one of the first things that I noticed after joining was the “Board Statistics”. Every time I visit the site, I check the “Online At Once Record” waiting for the new high. It has remained the same since January 10, 2011 at 1:11 PM.. When 1,745 members were logged on! In the past couple of day’s it has come real close to being beat. My prediction is that because tomorrow is the 30th of June...the hoped for RV-DDay, it will finally be a record breaking day!

Actually, I am kind of drawn to numbers, and when I saw the record date, I visualized it like this: 1-10-11 at 1:11. That’s a lot of One’s..! I also have a secret prediction that the rate will be similar...$1.11, or 1.10 etc. Concerning the whole dinar experience, when I first heard about the possible earnings, the odds were something like 1:1, or 11:1, is that right?

June 29, 2011

I feel your pain my friend ... I'm a displaced Texan ... lol

Mine is what my wife and I love to do ... fly trikes!

Peace

Doc31

Hey Doc......your description struck a funny bone...

I thought, gee, if someone were to tell you to “Go Fly A Trike”, you wouldn’t be offended, but rather reply...Gladly..! Ha-Ha

BTW...I’ve never heard of that sport, sounds FUN..!

June 29, 2011

Last week ~keepm~ started a thread about how we came up with our user-name. That was a fun topic! I have often wondered what the story is behind some peoples avatars, anyone care to share?

I chose a Mocha Latte’ because I love coffee..! It’s also warm and comforting, which I strive to be like... :rolleyes:

June 29, 2011

Ooop's....yep, I think they are Euros...!

But, what are those coins at the bottom?

June 29, 2011

I’ve been poking around on the internet, and found what looks like the Lower Denominations...

On the CBI website I decided to click on the link to the “Foreign Financial Institution” link. Then I went down that list and just started to click on the different banks in Iraq.

On the main page of the “Ashur International Bank for Investments” (Private Baghdad Bank)front page, on the right, are images of a 5, 10, 20, 50 and 100 Dinar note. Check it out...!

http://www.ashurbank.com/

June 28, 2011

Ok ... so ... they didn't know that it was coming? No that can't be it.

All of the printers in Iraq and throughout the world missed this one ... no ... that can't be it.

They just forgot to schedule it? ... no ... that can't be it.

I'm sure you get the point

Peace

Doc31