unirod

I just completed opening my account and my stocks have been transferred to Al-Karmal! They were great to correspond with and they answered all my questions. I had no contact with my stock account balances at Warka for 6 years. My balances a incredible! My % returns in the banking sector= 83% My % returns in the Industry Sector 192% I killed it with Gulf Commercial Bank! I killed it with Pepsi Iraq (IBSD)! I don't believe that I could ever get these kind of returns in the USA markets!

Exactly why Iraq will have a very limited "Market Economy" into the future. These ministry officials keep a tight grip without even reasonable delegation to others in their departments. IMO

I'm in the process of moving my stocks to Al-Karmal this week. I feel good that long ago I bought some BGUC stock. Been out of touch with my account so long (6 yrs) at Warka that I don't know what my combined stocks are worth! Thanks BROB for the referral!

I just watched a Breitling post of a recent You Tube ISX seminar. Interestingly the panel said nothing of supporting the IQD in investing into the ISX. But focused on the issue of custody trust regarding who is holding investors money. I would have to believe that trust would also be established by investors when the value of the IQD is not a controlled fake rate. Investors trust transparency and an IQD rate that the world markets will support.

I have read many articles that state Iraq has the lowest extraction rates for oil reserves in the world. Even as low as $2 per barrel. The Saudi's claimed oil reserves have not changed for 40 years. So it's no wonder that they are wanting to diversify their GDP. Maybe the Saudi's know something that they are not telling the world about their real reserves? Iraq has not even begun to fully map their reserves which are vast. I would recommend not buying into the green theory. Industry world wide needs fossil fuels! we will never be able in our life times to rid our addiction to fossil fuels. The price will go up per barrel and you can count on it! IMO!

Kelly's Heroes! Yeah Baby! equal shares! private enterprise gold transporters!

Malania is still hot in combat boots!!

Perfect timing for an R/V to happen. the 17% investment gets us less oil. And the dirt farmers in the mid-west have to transport more grain for less money in return! IMO

True, But if I had a 200 Peso note. And I exchange it say at the airport. I would get $10 USD. So the same is true that we are exchanging a note that we bought at a discount here in the USA from a bank or exotic currency merchants. So our exchange will be realized at a much better rate of return than anyone who would take that same note aquired in Iraq and taken to the bank to exchange for USD in Iraq. They as citizens of Iraq will loose money every time. We are realizing a greater gain on exchange because we are outside of Iraq. We will win every time no matter what the exchange rate opens up at. Even if you live in Mexico!

What struck my curiosity was that Mexico has come out with a 200 Peso note. Which when exchanged has the value of approx $10 USD. Maybe Iraq will open up the exchange rate at 10 to 1 USD? which would make our 25,000 IQD note worth about $2,500.00 USD. And so on with the 1,000, 500 and 250 IQD notes. Still a pretty good rate of return IMO for the time I have been in the game. I recall that Breitling on a his blog once said that to be in this investment you should own at least 5 million IQD. Or go find something else to speculate on. He may be more right than he ever thought?

US officials are giving mere lip service. The billions of USD transactions help to support the velocity and therefore the value of our USD. Why would anyone want to slow the velocity down? Support of Terrorists? Really? IMO

I have never accepted this theory simply because a printed 1 dinar note would be worth 10 cents? it would cost too much not only to print the note. But still there would be resistance to using a note of such small value. To be a real international player you must have a currency structure like the USD or the Euro. IMO

Maybe if the accent piece in the middle of the room were removed, they could better focus on the real issues effecting their economy?

I believe Saleh is saying that the CBI money reserve structure is more than solid! And if only the USA FED would issue more debt, Iraq would BUY IT UP!!

We wait two more weeks for a solution?

Iraq has always needed $Billions to build a modern infrastructure and a civilized society for it's people!

Still ridiculous to even think that the IQD value would stay the same while smaller notes get released in great quantity?

If the IQD revalues, then the Iranian banks wealth will increase dramatically! But would't this defeat the purpose of sanctions on Iran?

They are waiting for the outcome of the Singapore Summit! LOL!!

Go Oil Prices!

Anyone know what it says?

Just checked my account and no large deposits made so far. So I can only assume that I am still in the ISX.

I sent them everything they requested not once but twice. Warka never replied to the receipt of my documents by email. I did not send my originals from 2011 as they opened up my account originally by accepting certified documents by email anyway.

This article is 2 months old. We all know that things change quickly in Iraq!

"Iraq is witnessing during the current stage a great openness by Arab banks and there is a desire to open branches of Gulf banks inside Iraq," Ok! then let's open new banks with a real currency value!