[Gulf Commercial Bank]

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!

[Iraq assures the International Monetary Fund (IMF) that it is adopting a new policy to diversify its sources of income]

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

[Gulf Commercial Bank]

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!

[The key calls for stimulating real sectors in the country to raise pressure on the central bank]

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.

[The key calls for stimulating real sectors in the country to raise pressure on the central bank]

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!

[Zamili calls for the recovery of 50 tons of gold and 400 million dollars of Americans]

Kelly's Heroes!

Yeah Baby! equal shares! private enterprise gold transporters!

[Trump Makes Surprise Visit to Iraq to See American Troops]

Malania is still hot in combat boots!!

[Secretary General of the Council of Ministers confirms the direction of the State to facilitate the work of investors]

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

[Iraq new 500-dinar note (B359a) confirmed Iraq new 250-dinar note (B358a) confirmed]

1 minute ago, Botzwana said:

Being that I live in Mexico.   Um, no.  The 200 peso 13 years ago was twenty bucks.  NOW because the dollar got alot stronger, it is 20 to one.

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!

[Iraq new 500-dinar note (B359a) confirmed Iraq new 250-dinar note (B358a) confirmed]

8 hours ago, Laid Back said:

If this article is true, and a new 500 & 250 IQD notes are coming out to the local market, it means the RV will take longer.

 

Why 500 & 250 IQD notes instead of 1-5-10-20-50-100 IQD notes?

 

Just my humble opinion.

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?

[CBI News 11/28/2018]

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 

[Parliamentary finance identifies a reason why coins should not be minted and advises such a move]

36 minutes ago, pontiyak said:

 

That said, Mr. Montana has postulated a dinar worth .10 ( ten cents), to start.

 If we get some sort of combobulated RD/RV and end up at ten cents I would be happy.

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

36 minutes ago, pontiyak said:

 

 

 

[Central Bank of Iran: We can not provide hard currency]

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

[Saleh appearance: The general equivalent of the dollar value model]

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!!

[The central bank issues a decision to cover the market need of small monetary categories]

We wait two more weeks for a solution?

[Antoine: The current tax system has not achieved social justice]

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

[The central bank issues a decision to cover the market need of small monetary categories]

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

[Central Bank of Iran: We can not provide hard currency]

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

["Central Bank": currency sales rise 1.6 million dollars]

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

[The central bank issues a decision to cover the market need of small monetary categories]

Go Oil Prices!

[Nice new ad on Warka FB page]

Anyone know what it says?

[Post on Warka FB page 19 April 2018]

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

[Post on Warka FB page 19 April 2018]

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.

[Parliamentary finance reveals new economic disappointment in Iraq!]

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

[Two international companies visit the Association of Private Banks to classify the Iraqi banking sector]

"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!