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Dinar Buddy

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  13. Mr. Ali Merza, Ph.D confirms real auction facts

    in Dinar Rumors

    Posted

    Mr. Ali Merza, Ph.D., has worked for the Iraqi Ministries of Oil and Planning and for the United Nations Department of Economic and Social Affairs in the Middle East and North Africa

    Ali Merza is clear and articulates the Central Bank of Iraq auctions are actually "energy auction". All oil is sold, and transacted USD's.

    Do not let any guru state the CBI auctions are to remove IQD or USD from the street.

    Apparent rise in additional demand, during the ten months before October 2012, required increases in daily sales of foreign exchange, which could have been infeasible under auction rules. Furthermore, entrenched aversion to the working of freer exchange market, on the part of many politicians and public figures, might have deterred CBI, further, from providing proportional increase in supplies (sales). Therefore, the Bank was facing a dilemma that must have constrained its response.

    This confirms oil consumption!

    • Upvote 3
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  18. Okie: I'm Honest, Just Check and See

    in Dinar Rumors

    Posted

    because of GURU like Oakie Doakie each of speculated and bought heavy into the IQD.  I never got a call from my financial planner, stock broker, or anyone with a first and last name exposing me to buy.  I was all amplified via websites and blogs by folks that are paid to pump sales.  I did not know.

    • Upvote 3

  19. Parliamentary Finance reveal postpone the deletion of zeros until after parliamentary elections

    in Iraq & Dinar Related News

    Posted · Edited by TexasGranny
    removed link to Newshound

    Link: http://www.almadapress.com/ar/news/16597/

     

    Next year mid 2014

     

    Author: MK

    Editor: HH, OK 15.08.2013 15:20

     

    Revealed the Finance Committee in the House of Representatives on Thursday to postpone the process of deletion of zeros from the currency until after the next parliamentary elections, while confirming that the government demanding guarantees for currency Replaced not return to markets and forgery.

    Committee Chairman Haider al-Abadi said in an interview to (range Press), “The Finance Committee supports the replacement of the currency and delete the zeros because it will initiate the calculation,” stressing that “it is possible to delete the zeros from the current currency, but it has been postponed until after the parliamentary elections.”

    • Upvote 1
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  20. Executive Order - More Clarification

    in Opinions, Perspectives, and Your Two Cents on the Iraqi Dinar

    Posted

    Controversy

    Critics of EO 13303 contend new debt for Iraq will accrue from the new Development Fund for Iraq. They say that it will allow opportunities for grave abuses because it offers little illuminating context and its tone suggests the language should be read quite broadly. These concerns stem from the apparent likelihood the fund will be used to leverage US government and corporate interests.

    The United Nations Security Council approved Resolution 1483 on May 22, 2003, ending economic sanctions against Iraq while clearing a path for the transfer of over $1 billion from the Oil-for-Food program as seed money for establishment of the development fund. Critics are also alarmed because all proceeds from the sale of Iraqi oil and natural gas are to be placed into the fund, noting developing countries have amassed huge debts in exchange for selling out their natural resources to powerful corporations. This paradigm, they contend, cloaks corporate welfare and neocolonialism in terms of 'poverty alleviation', and now in Iraq as 'humanitarian assistance'.

     

    Link: http://en.wikipedia.org/wiki/Executive_Order_13303#Controversy

     

     

    Why are the IDQ deals and websites creating certificate and claims about OE 13303.  This is very misleading...  What to the GURU's have to say?  :blush:

    • Upvote 1

  21. Executive Order 13303 - IQD buys are not Protected

    in Opinions, Perspectives, and Your Two Cents on the Iraqi Dinar

    Posted

    There are a lot of GURU's and IQD dealers that state "Executive Order 13303" protects our buying of the currency as US Citizens.  That is flat out not true.  This EO 13303 was set up to ensure the DFI fund could not be sued.  It allow all oil companies to harvest and continue to expand Iraq without legal concern.  The EO 13303 is not connected in any manner with the buying or selling of the IQD.

     

    Executive Order 13303 was issued on May 22, 2003 by United States President George W. Bush to protect the Development Fund for Iraq for the rebuilding of Iraq from any legal attachments or liens. Further, it protects Iraqi oil products and interests and ownership by US persons (defined to include US corporations) from attachment as well. Executive Order 13303 also terminates sanctions specified in EO 12722, EO 12724, EO 13290, as it applies to the development fund. In effect, EO 13303 provides an extraordinarily broad legal shield for any and all contractors and mercenaries working in Iraq on behalf of US corporations in any oil related enterprise.

     

    LINK: http://en.wikipedia.org/wiki/Executive_Order_13303

     

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  23. Casper Lays It On The Line

    in Dinar Rumors

    Posted

    I hear Brietling is the biggest pumper there is... He says he is reading emails, all he doing is reading his script. Try's to bring a calmness in his voice, but he is the biggest pumper of warka, isxreports, penny stocks he owns, real estate deals... Watch out

    Folks are getting edgy about the gurus. Ouch!

    • Upvote 1
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