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Grumpy

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Everything posted by Grumpy

  1. PB issues Iraqi products protection law February 11, 2010 - 10:17:15 BAGHDAD / Aswat al-Iraq: The Presidential Board (PB) has issued the Iraqi Products Protection Law no. 11 of the year 2010. The law aims to protect Iraqi products against harmful practices in international trade relations with Iraq and to create a favorable environment for national businesses, according to the text of the law, which was received by Aswat al-Iraq news agency.
  2. Presidential Board approves 2010 budget February 11, 2010 - 10:49:36 BAGHDAD / Aswat al-Iraq: The Presidential Board on Thursday approved the 2010 federal budget which reached 61735.312.500 billion Iraqi dinars. The Iraqi Parliament had approved the controversial 2010 general budget by a majority vote. The 2010 budget had sparked a wide-scale political hubbub amidst parliamentary circles as some blocs linked its passing to the election conduction law that trims the government
  3. CBI sells $169m on Thur. February 11, 2010 - 10:37:41 BAGHDAD / Aswat al-Iraq: The Central Bank of Iraq
  4. Grumpy

    Hi

    takes 10 posts and 5 days active
  5. [Adam Montana] _00h_i_am_ The_Stig the email I was refering to is titled "Adam follow up to CBI redenom email" or something like that [Adam Montana] moving on to another point that was just brought up [Adam Montana] 7 COME 11 just mentioned that "Iraq needs to cover what it prints" [Adam Montana] it's a very valid point and a lot of people question it [Adam Montana] "How can Iraq RV with so much currency in print?" [Adam Montana] I covered this *cough shameless plug cough* in my book extensively [Adam Montana] you can get it at http://www.rvintel.com [grumpy] * [Adam Montana] but the short explanation is this [Adam Montana] stats show that at least 80% of Iraq's money is in paper [Adam Montana] so yes, they have a HUGE amount of PAPER DINAR out there [Adam Montana] ATMs and VISA cards, or credit cards, are almost non existent [Adam Montana] so l;et's compare the US to Iraq [Adam Montana] YES, the US has less paper in print [Adam Montana] but hwo much of YOUR money is cash in your pocket? I bet less than 10% of it [Adam Montana] the rest is sitting in the bank [Adam Montana] in the forum of NUMBERS [Adam Montana] so you can't compare what Iraq has PRINTED to what the US has PRINTED, because it's apples and oranges [Adam Montana] so how can Iraq back up any kind of RV? [Adam Montana] anything, including a dollar or a euro, is worth what a BUYER IS WILLING TO PAY [Adam Montana] when Iraq shows the world, which they are doing, that they can move forward and be stable [Adam Montana] the world will grant them CREDIT [Adam Montana] just like the UNITED STATES has - we don't have assets to cover our debt, we have CREDIT [Adam Montana] Iraq has oil, stability, and they are on the verge of moving into the same millenium* *as we are [Adam Montana] so it's easy to understand why they would get CREDIT in the very near future [Adam Montana] suck out the big bills, replace them with digital NUMBERS like the US has, and we're pretty even [Adam Montana] I bet [Adam Montana] that Iraq will be a he-ll of a lot more fiscally responsible than our spend-easy government is [Adam Montana] so their credit will bypass ours quickly, just like Kuwaits [Adam Montana] and in a short time the Kuwaiti Dinar will be able to match Kuwait's [Adam Montana] err [Adam Montana] sorry [Adam Montana] Iraqi will match Kuwaiti [Adam Montana] make sense? [Adam Montana] unmo
  6. one question, Why is that no one else knows about a trip Adam is taking but you seem to?
  7. If CH7 is lifted I think you could go to just about any news site and find he info posted
  8. I was sent a email from a friend that I hastily posted with out verifing, for that I apologize and it has been removed!
  9. Its gotten alot worse in the past month, but again things are happening daily in Iraq which look very positive for the Dinar
  10. train seems to be pulling into the station!
  11. becareful who you order from, members have had issues with some
  12. I sure hope this goes quick! Its going to be meyham around here
  13. Ok your not banned, I am going to lock this thread before it turns nasty... Have a great day!
  14. This is strictly your opinion, just because you don't like the answers you should agree to disagree
  15. I am curious that http://en.aswataliraq.info/?cat=4 hasn't posted anything about it
  16. The 1586 daily currency auction was held in the Central Bank of Iraq day Sunday 7-2-2010 so the results were as follows : Details Notes Number of banks 12 Auction price selling dinar / US $ 1170 Auction price buying dinar / US $ ----- Amount sold at auction price (US $) 82.740.000 Amount purchased at Auction price (US $) ----- Total offers for buying (US $) 82.740.000 Total offers for selling (US $) -----
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