[Ali from Dinar Trade says.....I hope he is lying]

If they were doing the slow gradual change why has it been set at the program rate of 1170 for as long as it has?? I believe my relative got in this over a yr ago and I think she said it was the same rate at the time she purchased her dinar. So over a year later it's still at this same artificial rate..... .I agree that it probably won't straight RV at $3 or $4, but I would think something closer to .10 or so would be more accurate. My reasoning is Iraq and other countries are just about ready for international business...how can they possibly partake in international business when their currency is still just about worthless??....and when they state they have to decrease the amount of their currency?? It just doesn't coincide with them slowly increasing their value to the $1200, $1250, $1300 and so on. Just doesn't add up. NO ONE would take them serious on an international level. Just my thoughts

[Open Market Operations aka "Currency Auctions"]

Thanks for that 20Million. Gonna have to ponder that for a minute and hopefully some one can chime in with a better understanding. All I know is the 29 trillion electronic alone would make Iraq the richest country on earth. I dont see how the IMF would allow it.

Well the US (Hillarious Clinton) came out in June saying Iraq will be one of the wealthiest countries in the world. There's also been other articles that's been posted on here before from various sources claiming that Iraq is likely headed to be THE wealthiest country in the nation. I don't exactly wrap my head around this either but it's what people are saying. IMO they might be wealthy after this happens but other countries involved....China, US, and Euro countries are highly invested in Iraq so some of that wealth will finally be spread back out.

[God's Pharmacy! Amazing!]

Thanks for the post! It's always amazing to learn new things about how great our God is!!! The things He has done for us....I mean WOW!....when you're open to seeing His gifts and being patient, He will amaze you everyday! How great is our God!?!??

[Matt Damon Calls for 50% Tax Rate]

hahaha. Wow.....another actor who thinks he's smart. I like his movies but if he wants to live in a socialist nation he should go to europe. Just like Tom Hanks thinking he's a political genius....please....nobody but unintelligent actors in hollywood want to hear you talk.

[Personal Bank Story - Wells Fargo]

haha. Sounds like he just was bitter about something. Don't worry, the dinar is going to be internationally recognized...maybe not every bank is going to deal with it but there will be plenty that do.

[Shabibi: the independence of the Central Bank of the umbrella of a protector of state funds]

who knows..... they did say they were moving forward with this thing this week!!

[GOI is the only one standing in the way.]

Well, I almost hate to say, but I was for Obama when he ran for his first term. Mostly because the Bushes had me mad at republicans.

And I know he walked into a mess and that it would take time to clean it up without causing more damage with the clean up methods.

BUT, I have to admit, his leadership just isn't there.... this country has gotten worse..... he promised politics as usual would change, and it did, it got WORSE!

The BIG problem I see is almost ALL the current congress and senators of both parties are all BAD.

This is the biggest mess I have ever seen, and I am no spring chicken.

I also don't see any other viable candidates for president in the wings....

Is this a result of our bad educational system... we can't even educate our kids enough to provide good government?

I hope this country holds everyone accountable and doesn't forget at election time.... People need to really investigate any candidates for any position.

The people of this country are the only ones that can save it... It's time to get away from the tv set, sit up, take notice, and let their voices be heard.

I didn't vote for him but I thought he might be able to make a slight difference in office.....wrong.

It's startling to me that out of all the money we spend on education and college, we can't find any qualified candidates to take control of the country?? I know it's a big task but that's what these people go to Harvard and Yale for. You don't go to those schools to become a manager of a taco bell. And IMO the Senate and House has given into the presidents shenanigans and manipulative ways. I think they will be unjust and lose their integrity just to think that Obama still likes them. WAKE up people......he's a good speaker and THAT's IT! Definitely not a leader. Every number across the board shows his presidency and decisions has worsened the economy

[GOI is the only one standing in the way.]

I agree. Our govt...well Obama ran govt.....is teaching Iraq to form a govt??? Who are we to give them advice when Obama is trying to secretly become a dictator of this country?? No more Obama! No more Obama!

[Dinar Regain Glory and Coins in Our Pockets Soon]

I will gladly take a lesser RV at around 1 to 1 or even a little less just to be done with this thing and move on. I'm excited to see what plays out this week!!!! We're almost there folks!

[Meeting today to be "Decisive" on Arbil]

BREAKING NEWS Political leaders’ meeting started

02/08/2011 21:06:00

Baghdad (NINA) – The meeting of political blocs’ leaders has started on Tuesday evening, Aug. 2, with the attendance of President Jalal Talabani, Prime Minister Nuri al-Maliki and Speaker of Parliament Usama al-Nijaifi.

Informed source told NINA, “The meeting’s contents will be made public in a press conference after the meeting.”

The sources pointed out that among important issues to be discussed in the meeting are the issue of security ministries, which will be the first to be discussed, being the easiest in comparison with other disputed issues between Iraqiya and State of Law; the strongest nominee for the post of Minister of Defence is Abdul Kareem al-Samara’e, Minister of Science and Technology.

He added, “The issue concerning whether American forces remain or withdraw will be discussed, in addition to implementing the clauses of Erbil Agreement, such as the National Council for Strategic Polices, assigned to the leader of Iraqiya Slate, Iyad Allawi.” / End.

http://www.ninanews.com/english/News_Details.asp?ar95_VQ=FHIGKD

Let's hope this brings about some great news!! I'll be waiting to see what happens

[Allawi renews threat of calling for early elections or no-confidence vote against the government of Al-Maliki.]

Let's hope this meeting is going over well!

[Senate passed debt plan]

now off the the pres for signature

shabibi now is happy that the dollar will be stable until next year, now he can RV, until next year when iraq will RV again but this time pegged to the GBP

Sounds good to me! Maybe they're at Talibani's house right now watching this and now that it passed they will pass the Arbil agreement....then RV!!!!

[Meeting today to be "Decisive" on Arbil]

Just RV already and create wealth for Iraq and all of us!!

[Meeting today to be "Decisive" on Arbil]

Hope this goes! It would be nice to see the continued progression of the GOI.

[CBI is preparing to replace the currency soon]

Here's something to think about.......Iraq is said to have one of the fastest growing economies over the next 2 years....how would that happen if 1000 dinar turns into 1 without it revaluing first?? There is some 30 trillion dinar floating around...approximately $26 billion. If they redenominated like people are now saying, How could Iraq be one of THE wealthiest countries in the world if they are only worth $26 billion???? Exactly, they couldn't be. Every other country besides Africa would be wealthier. This is just my opinion on it but it doesn't add up that this country is supposed to be one of the wealthiest over the next few years, yet they will be starting off equal to $26 billion USD. It just can't be. If they RV at 1 to 1, yes that would mean they would be worth $30 trillion USD, but half of that money is going to be paid back to other countries. I wouldn't freak out about us not getting any kind of return....not saying it isn't going to happen, I just think they can't do that if they are supposed to be the fastest growing economy and one of the wealthiest nations in the world.

***supposed to say 'African countries'....I don't know why they wouldn't let me edit that post

[CBI is preparing to replace the currency soon]

Here's something to think about.......Iraq is said to have one of the fastest growing economies over the next 2 years....how would that happen if 1000 dinar turns into 1 without it revaluing first?? There is some 30 trillion dinar floating around...approximately $26 billion. If they redenominated like people are now saying, How could Iraq be one of THE wealthiest countries in the world if they are only worth $26 billion???? Exactly, they couldn't be. Every other country besides Africa would be wealthier. This is just my opinion on it but it doesn't add up that this country is supposed to be one of the wealthiest over the next few years, yet they will be starting off equal to $26 billion USD. It just can't be. If they RV at 1 to 1, yes that would mean they would be worth $30 trillion USD, but half of that money is going to be paid back to other countries. I wouldn't freak out about us not getting any kind of return....not saying it isn't going to happen, I just think they can't do that if they are supposed to be the fastest growing economy and one of the wealthiest nations in the world.

[CBI is preparing to replace the currency soon]

This story is all over dinarvets.......People are going nuts over this story....like they're so certain exactly what's going to happen. Stay optimistic and when something actually does happen we'll know what we're to do with our dinar.

[Central Bank Ready to replace Iraqi Currency]

Hasn't this same story been posted about 10 times now??? I saw it all day yesterday and I've seen 3 more posts on it today.

[UN to consider lifting Iraq sanctions]

I hope they resolve it tomorrow!!!!....why waist any time.

[IRAQ DINAR AND THE DEBT CEILING]

Nancy Pelosi is a total nut job!!!!!!!!! She is absolutely ridiculous to listen to....makes me almost throw up every time I hear her. Who let her out of her padded white room and into the white house??????

[Yahoo Finance...]

$1.91 I will take that were do I cash in. Come on R/I , R/V

I agree!!! So if the IQD/USD still is at the artificial rate.... does that mean we can trade the IQD for GBP, and then trade the GBP for the USD?..probably a lot more taxes to be paid but it can still produce a million dollars for me then so be it!

[We have a completed GOI]

Great news!! thanks for the post. Good to see more progress and cooperation amongst the 3 leaders

Next we need to hear of the HCL passing and then.......yes......the RV!!!!

[Talabani discussed Iraqi invitation for a new meeting and refuse to engage in any other Convention prior to the implementation of the agreement, Arbil]

wow. let's hope this gets pushed through today!!

[Dealers the opportunity to continue to damage the Iraqi economy]

thanks for the post! great article. So this is saying it's supposed to happen sometime between this month and the end of the year. Sounds like they are wanting it to happen sooner than later because this is going to affect all the citizens who have gone through the struggles of the country. I hope it happens for them and God is glorified through the process in somehow, someway that only He knows.

[UNSC Meeting On Iraq]

ch7 then RV. The sanctions have to be lifted in order for them to be free. Hopefully this speeds up the process of lifting ch7