MAW33326

Washington (CNN)-Defense Secretary Robert Gates discussed triumphs and trials in Iraq Sunday on CNN's "State of the Union." "I am worried about Iranian influence (in Iraq)," he revealed. But, "We have taken a real toll on (al Qaeda) over the last two years." Gates described a commitment to Iraq in the form of a "residual American presence" beyond December 2011 to "train" and "participate in counterterrorism." "The truth is most of our kids who have been killed recently have been killed by extremist Shia groups," he said. "Not by al Qaeda in Iraq, but by extremist Shia groups. And they are clearly getting some sophisticated and powerful weapons from Iran." Although al Qaeda is "significantly weakened" following the death of Osama bin Laden, according to Gates, the future of the terrorist group depends on "whether (Ayman al-) Zawahiri, the new leader taking bin Laden's place, can hold these groups together in some kind of a cohesive movement, or whether it begins to splinter." "And we just don't know that yet," he said. What is clear for Gates is the importance of protecting the U.S. military, and the impact that possible budget cuts will have on that force. "We need to be honest with the president, with the Congress, with the American people…about what those consequences are," he said. "A smaller military, no matter how superb, we'll be able to go fewer places and be able to do fewer things." Gates believes that military training and programs for the families of service members should be exempt from budget cuts, and he warned of the dangers of across-the-board cuts, which he said have the effect of making everything "mediocre." "The United States has been a global power since late in the 19th century," he asserted. "We have interest, we have allies, we have partners. And we find there's a bad history. When we turn inward, we end up in a really big war." http://politicalticker.blogs.cnn.com/2011/06/19/sec-gates-looks-ahead-in-iraq/

Royal Dutch Shell Plc (RDSA) and partner Mitsubishi Corp. (8058) are preparing to begin a delayed $12.5 billion natural-gas project in Iraq, said Hans Nijkamp, vice president and country chairman. “Shell and Mitsubishi are now ready for execution of the project,” he said in an interview published on the website of Energy Exchange, organizer of an Iraqi energy conference to be held in Istanbul in September. “We are working with our Iraq partners to reach final agreements as soon as possible.” Regarding delays since the contract was signed last year, Nijkamp said: “A number of external reviews have been carried out by international firms on behalf of the Ministry of Oil and it has also taken Shell 250,000 engineering man-hours on site to assess the scope of work.” The Iraqi government is eager to develop gas resources to supply fuel to generate electricity. The nation’s power plants have failed to meet domestic demand and ending blackouts has become a political priority. The government, which hopes eventually to produce enough gas to export, awarded three licenses last November in the nation’s first auction of gas concessions since the U.S.-led invasion in 2003. The project with Shell and Mitsubishi involves developing and capturing gas that is being flared, or burned off, in southern Iraq. Some 700 million cubic feet are flared daily in the south of Iraq and the quantity is sufficient to generate an estimated 4,500 megawatts, Nijkamp said. Wells, Pipelines In July, Shell will start installing 15 production wells and pipelines in the Majnoon oilfield in southern Iraq, Nijkamp said. It will also upgrade two degassing stations and build “a new central processing facility to include two new 50,000 bbl/d capacity early production systems,” he said. Shell has concluded a geographical survey that produced “positive results” about the southern Shatt al-Arab waterway’s ability to handle equipment needed to develop the Majnoon oilfield. “We are now able to use it as a route to transport equipment to Majnoon and minimize road transport,” Nijkamp said. “We are also in the process of constructing a jetty.” Together with Petroliam Nasional Bhd of Malaysia, Shell won a 20-year service contract in 2009 to raise output from Majnoon to 1.8 million barrels a day. Shell Chief Executive Officer Peter Voser said on Oct. 12 that production from Majnoon had risen to 70,000 barrels a day. Majnoon, which straddles the Basra and Maysan provinces, has estimated crude reserves of 12 billion barrels and 9.5 trillion cubic feet of gas. http://www.bloomberg.com/news/2011-06-19/shell-mitsubishi-ready-to-start-12-5-billion-iraq-gas-deal.html

Racprops, there are educated guesses and opinions that people have come up with by doing your own research. Adam is right, you can use this site as a tool to further your own rersearch, because of VIP members, which is how this site is funded. I am just being honest here, no-one is going to come outright and hand you the crystal ball, there are way too many governments involved. When it happens it happens.... thats it. Is there a benefit to becoming vip? Of course there is, you dont have to sift between the threads of people guessing, and you can start doing the things that you probably have not thought about or are not prepared for that Adam has in the vip section. Honestly for only 50 bucks you end up with literally thousands of dollars in services, try it for a month and see my friend. No one here is against you, we are here to help those that are willing to help themselves. Happy Fathers Day by the way.... GO RV!!!

I think ,and this makes perfect sense to me, there are less of the low denoms coming over because the traders want to sell the larger denoms, and make 100 bucks, not sell lower denoms and make 2-3 dollars on a deal. Less here, higher prices. (supply and demand) Go RV, they can not and will not kill higher denoms, our gov as well as other governments own way too many of them, and when we cash in they would lose in the tax benefits to the IRS. Go RI, or at least RV

Im with af4mi good call

Its probably on an offshore account in the form of dinar, under our presidents names for their retirements.

This NWO is really scary stuff, when you start digging and doing your research on the net. Glenn Beck might not be a fear monger after all

I hope so my friend i hope so By this you think it might RI, would be sweet for all of us.

Please play nice for just two weeks.

What does it mean?

Can someone make sense of this letter? Link

President of the Iraqi Stock Exchange trading volume is expected to rise 50% in 2011 June 18, 2011 10:37 am · Baghdad: Chief Executive Officer of Iraqi Stock Exchange, Taha Ahmed Abdul Salam said that foreign investment in the stock market jumped this year because the popular uprisings against regimes in the region have made Iraq a more attractive investment alternative. He added that foreign investors registered net purchases in the first five months of this year, bought shares worth 84 billion Iraqi dinars (72 million dollars). He said foreign investors sold shares worth ten million dollars since January, after he bought a $ 53 million of the shares in 2010. Abdel-Salam told Reuters in an interview Thursday, “When you see the Arab region now and see what happens you can see the difference between Iraq and the others. “.. We have a government and foreign companies began to rebuild the country with the Iraqis. And also see the oil companies working … this encourages everyone to invest.” Iraq is trying to stand on his feet again after decades of war and economic isolation and needs to be invested in almost all sectors under reconstruction efforts. Iraq has seen protests like other countries in the Middle East and North Africa, but focused on the demand for better basic services and provide more jobs than calling for regime change. There are 85 companies listed on the Iraqi market for securities, which began work in 2004.The market is a center of private investment outside the oil sector in a country dominated by state companies. Abdel-Salam said he expected an increase of from 40 to 50 percent in the number of shares traded in the current year as a whole. He added that foreign ownership of shares in the stock market rose to about 19 percent in 2011 from three percent in 2008. He pointed out that foreigners, especially Americans and Europeans and the Arab Gulf and the Egyptians are interested primarily in bank stocks, and the hotel sector and the industrial sector. Abdul Salam said that since January has traded 210 billion shares worth $ 326 million. A volume of 255 billion shares in 2010 worth $ 342 million. He added: “One of reasons for the high index of the last meeting of last year to now is the demand of foreigners … they buy four times as much selling. “I do not say that Iraq is not a risk … but the security situation improved. This type of risk acceptable to investors.” The current market value of the Iraqi Stock Exchange, $ 3.2 billion. (Dollar = 1170 dinars Iraqi)

Good News Better security =more stable Iraq

Chapter 7, was a restriction put on Iraq by the United Nations, which restricts their selling of oil except for the profit for basic needs such as food. If chapter seven gets lifted, the value of the dinar would blow up literally overnight as the country is like saudi arabia when it comes to oil. Keep your fingers crossed

Looks good (foreward progress) . Baghdad, June 18 (Rn) - The body of the Iraq Stock Exchange that began on Saturday, the initial preparations for membership of the global market for securities. وقال.". Chief executive officer, said the Iraq Stock Exchange Abdul Razzaq al-Saadi told the Kurdish news agency (Rn) that "Iraq has begun legal and banking Bastaadadth for membership of the global market for securities." .". He added that "Iraq will strengthen its ability to deal in financial stocks and buy hard currency in order to obtain the confidence of the global securities market." .". He said, "In case the Procedures for membership in the global market for securities, it will support the economic and trading banking and mature work of the Iraqi market for securities in the country." .. The Securities Commission announced it had begun work for the electronic filing companies, foreign and domestic investment instead of filing paperwork. .. The Securities Commission said earlier that the economic reality of the Iraqi Aithml open more of the financial markets in the rest of Iraq's provinces. .. A number of economies, the Iraqis earlier in the financial markets should be opened in the provinces where economic activities and investment mission argued that the work of the Iraqi market for securities in the previous years and faced many economic problems in the country and indicates it has a lot of negative phenomena. .The Iraq Stock Exchange has started operation in 2004, shifted from manual trading to the use of e-dealing screens in 2009 and opened for trading two hours a day five days a week .. The banking sector is the largest in the exchange, which also includes the shares of industrial companies, insurance companies, hotels and agricultural companies. .. The total value of shares listed on the stock exchange about $ 3 billion.

A good read enjoy: http://aknews.com/en/aknews/2/247108/

Today, I want to give an opportunity for everyone to speak out and let Adam and Scooter now how much we appreciate all the time and effort he has given us, and unselfishly dedicated to this venture we are all involved in. As a family member, i hope and pray that this thread reaches him, and he will see that we care about him as family. We all came into this thing at different times, but we will go out together in the end. Scooter you cant let bad people take you from the ones you love: We Care: Feel free to post your thoughts after reading his letter to you: http://dinarvets.com...een-a-pleasure/

God Bless America... And God Help America...