Tr2

Clearly some of you understand very little about military operations and how they begin and end. Yes..as Obama states: "As of 1-1-2012 we begin a new relationship with Iraq...one between two sovereign nations." The U.S. has and will hold until JAN 1, the the right to extend and/or continue war operations in the country of Iraq. A country that we currently occupy until we say otherwise. Regardless of when that date was first negotiated, Obama states that WE have decided to uphold that date. As the occupying force in Iraq we make the decision whether to keep our deadline or extend. Obama previously declared an end to "combat" operations in Iraq not "war" operations....big differences there As we handed over power to the new Iraqi military we relinquished our combat responsibilities and agreed to act with Iraqi authority during late stage transition. As the occupying force we have maintained the right and ability to at any time take back that full authority if it had become necessary. As of Jan 1 we have been told by the Commander and Chief that we will no longer occupy Iraq and will instead formally recognize Iraq as a sovereign nation with all due respects. Any actions taken by U.S. troops in Iraq beyond Jan. 1 would require a new declaration of war by congress or a new presidential order. As of Jan 1, the President commits that the current Presidential order to occupy Iraq will formally expire. As I said long ago... Then and only then will Iraq dinar be formally recognized as a currency of a sovereign nation and invited to trade on the world market. I expect to see it trading in Jan....RV or not.

Clearly some of you understand very little about military operations and how they begin and end. Yes..as Obama states: "As of 1-1-2012 we begin a new relationship with Iraq...one between two sovereign nations." The U.S. has and will hold until JAN 1, the the right to extend and/or continue war operations in the country of Iraq. A country that we currently occupy until we say otherwise. Regardless of when that date was first negotiated, Obama states that WE have decided to uphold that date. As the occupying force in Iraq we make the decision whether to keep our deadline or extend. Obama previously declared an end to "combat" operations in Iraq not "war" operations....big differences there As we handed over power to the new Iraqi military we relinquished our combat responsibilities and agreed to act with Iraqi authority during late stage transition. As the occupying force we have maintained the right and ability to at any time take back that full authority if it had become necessary. As of Jan 1 we have been told by the Commander and Chief that we will no longer occupy Iraq and will instead formally recognize Iraq as a sovereign nation with all due respects. Any actions taken by U.S. troops in Iraq beyond Jan. 1 would require a new declaration of war by congress or a new presidential order. As of Jan 1, the President commits that the current Presidential order to occupy Iraq will formally expire. As I said long ago... Then and only then will Iraq dinar be formally recognized as a currency of a sovereign nation and invited to trade on the world market. I expect to see it trading in Jan....RV or not.

Obama has finally formally declared an end to "war" operations in Iraq and a withdraw of occupying forces. IMF will not sanction world trade of currency from a country which is occupied by foreign forces. Iraq Dinar will begin to trade on the world market immediately after the troops leave their soil. The formal withdraw date has now been written in stone as 12/31/2011. Remaining training forces are irrelevant to IMF as long as a formal withdraw of combat forces has been declared ( as of yesterday) and obliged. Happy New Year.

Cool pic..thanx The yellow looks more like gold to me...and if you turn the pic upside down it says RV June 2011.

Straight up RV @ .039 Forex trading carries it the rest of the way...say a .35, then drops back to .18, begins steady incline. Clear 39K per mil for buying early...get rich off next generation speculators. Inflation spikes..then levels off. Oil prod. grows, oil prices go higher, Iraq economy grows, money supply reduced, Dinar value no way but up. $1 achieved in 2 yrs $2 " " " " 5 yrs $3 " " " " 10 yrs Allah grants you 40 virgins in paradise...C.B.I grants you 40k in Hell...so it is written my son.

A better analogy might be a reverse split...happens a lot.

Could someone explain how Iraq's urgency to continue to "protect" overseas assets plays in to all of this? Protect them from what?

Agree...and he points out that these two things go hand in hand ie..bringing back the dinar adjusting the exchange rate.

One possible scenario: - Re-domination (remove 3 zeros) followed by RV at 1 IQD to 1 USD - IQD hits the world market post re-denomination with only billions in circulation vs trillions - IQD sky rockets in value based on supply/demand and Iraqi asset figures...possibly reaching 1 IQD = 10 USD - Iraq prints currency to fill demand bringing down the IQD value to pre-Gulf war levels of 3 IQD to 1 USD - Iraq goes on spending spree and rebuilds infrastructure. - Iraqi citizens are paid monthly oil revenue dividends as is done in neighboring countries. - Iraq is debt free.

This would leave a guy carrying around a whole lot more bills...unless the value changes as well. What if they reissued new currency minus 3 zeros and exchanged the old for new and valued it at say 1 Dinar = $1.25. everyone's wealth stays as is today. Then they begin issuing monthly stipends to Iraqi citizens from the oil revenues. They solve many problems this way. - This prevents you, me, and everyone else including Al quaeda from becoming filthy rich at the expense of Iraq. - The new currency would include Kurdish language. - All of the problems with handling to much cash at banks is solved. - It explains why the Iraqi government is full steam ahead on issuing smart cards to citizens. - They would then have a currency with a respectable value and all orders of business get less complicated. - Iraq sells it's oil to the world. Iraq becomes wealthy beyond belief and the oil companies take their cut. Unfortunately I do not see how we profit in this scenario. We get dido. Lots of dead and wounded soldiers and ruined lives.

Another thing Jagerson failed to mention was, how many people knew about the opportunity to profit from the Kuwaiti dinar when it had its moment? I know my family didn't. So when you look at this whole thing....it's not truly a scam...it's speculation that the same thing that happened in Kuwait will happen in Iraq. In my opinion, I believe a revaluation will happen and I'll make some money off my investment (maybe not a ton, but some), and if it doesn't come through then it's just a speculative investment that I lost on. With any investment comes risk. If it's not going to break the bank to test the waters and you don't get visions of grandeur, then I say go for it, and if not, that's okay. Everyone must make the decision for themselves. Thanks for the post. I like this. This is my first post and I had to quote part of this post from Afferris. I served in Saudi and Kuwait in '90 and '91. I remember like yesterday the talk while there about grabbing up some dinars while they were 10 for $1. Our superiors told us it was illegal for U.S. soldiers to purchase them. So I let it go. I served in Iraq in '06 and was faced with the same opportunity. The same talk about the legality of the whole thing came in to play. But this time I loaded up the truck and stashed it away. Get me once...get me twice...right? ~ If you've ever lived among the Arab community you would know there are no prouder people on the planet. Iraq is in a state of flux. Iraqis take respect seriously, as do Saudis and Kuwaitis. If anyone truly believes that Iraq is going to allow their currency to remain at today's value...you are as gullible as I was in '91. They are ashamed of the value of their currency and they are ashamed of the condition of the country. It is meaningless to compare Iraq to Mexico, or any part of South America or Africa. If you are going to compare Iraq to another country...do what they do and compare them to Saudi Arabia. As in Kuwait, the money will revalue.. and simply put, it will happen when the American soldiers are gone....really gone. My guess is a revalue somewhere between the Saudi Rial and U.S. Dollar....open at 10 cents ...grow to 65 cents.