Wobbles25

The return of the dinar to trade after the global coverage by $62 billion Posted: May 23, 2012 in Iraqi Dinar/Politics Tags: Central bank, exchange rate, Financial market, Globalization, Gross national product, Iraq, iraqi, Iraqi dinar 22.05.2012 0:00 economist said that the dinar returned to the circulation of a new global financial markets for covering cash reserve of 62 billion dollars. said economist at the Ministry of Finance Crescent Taan to increase oil production and rising gross national product of Iraq ahead with great support of the Iraqi dinar, which granted the power to enter into global capital markets trading. He said the Iraqi currency is starting to pick up again after decades of deterioration due to conditions in Iraq that passed late last century. And a website economically U.S. began trading dinar, along with other global currencies. http://bit.ly/LnfdjQ

Rumor has it that a "rate" is in the budget... I hate Rumors and "pumpers" I wonder if there is a way to see the budget online... to read... Still wondering how this will play out... they have mentioned 2 currencies side by side... so here is three senarios... 1) Take 25K note and get 25K in redominated currency... GOOD THING (means RV) 2) You buy a refrigerator.. and it shows 2 prices on the tag, 950K/950 ID... NOT GOOD (NO RV) [meaning 25K=25 ID] 3) You buy a refigerator... and it shows 2 prices on the tag, 1K/1000 ID... GOOD THING (means RV) All three show a 1 to 1 value with different ratios, inversely and straight out. Im hoping for the 1st and 3rd options, but Iraq did say 50K note would be the new 50 ID note... got to keep that in the back of your minds...

Is this the HCL law? Read below... House vote approves oil revenue distribution to the Iraqi people Posted: February 23, 2012 House vote approves the allocation of 25% of oil imports for distribution to the Iraqi people Thursday, February 23, 2012 16:37 The MP said the Sadrists Jawad Alshahyla in a statement received by all of Iraq [where] a copy of it today that “the House of Representatives voted to approve the proposal of the Sadrist movement within the budget bill, fiscal year 2012 allocation [25]% of the increase in oil exports are distributed to the people the Iraqi people in the budget this year. “ The MP for the coalition of state law fair-Maliki has assured [where] that “the budget in 2012 included a proposal to the Sadrist movement, where it was agreed that the calculated [20]% of oil imports paid to the Iraqi people after the agreement on the mechanism regulating this process to be put through Six months from the date of approval of the financial budget. “ The House of Representatives held its regular Thursday’s voting on the budget bill for fiscal 2012

Another show that Islam is a cult! No person can usher in the end of time... it will happen when it happens!

funny thing is Bluwolf is part of the "pumper" website another site.com... No chapter 7 release.. the next scheduled meeting isnt till June 2012... Duh Bluwolf... I suggest you start reading the actual news and not blowing smoke!

First the in-country LOP was stated in the document itself! YOU can read it BLACK AND WHITE! As far as not being fact... you are the idiot! I will post the source... Nothing like thinking you know everything then being proven wrong... READ BELOW! Original source is at bottom. The http link.. By: Iraq Stay tuned the biggest scam on the Iraqi people, the process of dropping three zeros from the Iraqi currency!! Said that the U.S. Treasury Department to buy the Iraqi dinar at a rate of $ 150 million a day over the week and for the few months that preceded the withdrawal of U.S. forces, “declared” out of Iraq. Goal is to save part of the U.S. economy deteriorating, and the process is a “recipe” on the backburner, underlying each of the “Chef” Biden and his aides! Case simply as follows: buy American today 1170 dinars Iraqi amount of $ 1 and keep the financial asset beyond the stage of shooting down three zeros, then the equivalent of the CBI value of Iraqi dinar to one dollar, and then return the Americans to push Iraqi dinars, one for each dollar convicted by the swap transactions of economic (oil) with Iraq … This way, they pay the equivalent of $ 1170 “after dropping three zeros from the dinar,” what they bought only one dollar!! Is not up yet?! … Well … The simplest form: Today, Americans buy Iraqi dinars, and the fall of Iraq tomorrow, three zeros from its currency, bring down the effect of zeros does not apply outside the borders of Iraq [( This new law, “Lange” Year of Biden … Economists and butt their heads against the wall of the world!!) Americans will respond to Iraq Iraqi amount of 1170 dinars for $ $ 1170 is payable for Iraq, “How many barrels of oil price,” which has already cost him just $ 1 …! http://bit.ly/tWPlg2 <--- orginal source site Now for you other question about the Federal Reserve. First the Federal Reserve is an illegal entity, but Congress has failed to abolish it. No being a private entity it can buy and sell whatever it wants, and yes print money too, but if your holding a basket of currency and one of those currencies happens to be connected to one of the most wanted natural resources in the world, and you want to strategically place yourself in a position of power or to maintain power, then you will trade that countries currency back to them at the rate thus saving you tons of money and avoiding their costs of changing their currency into your currency to buy. Its like going to France and you are an American holding EURO but what you want they are selling in EURO but the global market says it must be done in USD. Now as a business man you would rather broker an agreement to buy and trade in EURO vice USD because the cost of changing currency is nil. Its a gentlemen's agreement and it is at a level above mine and your heads! Does the world want Iraq out of Chapter 7, YES... because of why... ummm OIL... The European Community has also signed off on this type of transaction. So before you blast and rant off at the mouth.. Research SENIOR PAD-A-WON... The US government is very shady but thier shadiness always puts them in a position of leverage... that is the name of the game! And unfortuantely, Iraq has to abide o come out of Chapter 7... two Countries hold the Keys...the US and Kuwait... Kuwait is being paid as we speak and they will bless it, the last shot caller is the US...

I have read all the articles, and verified the accuracy. The redomination (RD) is a tricky topic. I see where people in this forum are coming from with the RD saying 25K =25IQD=$25. All this talk here makes me want to turn it in and call it a wrap! I dont think the world is going to let Iraq "screw" people over like that. Do I believe the Fed Res. is behind it? You bet ya. Look at how the Federal Reserve was started... hmmm. a lot of top money... and was able ot coerce the US Governement into making their existance. There is a reason the UST is continuing to buy the IQD. Maybe the editorial hit it on the head, the US government will buy $1170 worth of oil from iraq for $1. Look at the a US Dollar Bill... What does it say? FEDERAL RESERVE NOTE... it used to say NATIONAL CURRENCY and backed by the FEDERAL RESERVE BANK... Federal Reserve and Federal Reserve Bank are not the same! Federal Reserve is a private entity, that purchases USD from the UST, and then deposits them into the banks... so being a private entity, the FEDERAL RESERVE CAN BUY OIL FROM IRAQ at $1170 worth of barrels for $1, because it buys the USD from the UST. Now roll back the clock... and one of the founders is JP MORGAN... hmmm... maybe that is why CHASE Bank is the only MAJOR bank selling the IQD and buying the IQD at the moment... now... So look at hte US Government , they hold $4-5 Trillion dollars worth of IQD... and who holds that currency.. THE FEDERAL RESERVE! So there is a lot of onions that need to be peeled to start to see what ishappening. I may be wrong with this next statement, but this makes sense... Both currencies will co-exist, an dit seems Iraq has played the world for a fool in Selling the old notes then obsoleting them to RD... Well the US did something simular. Remember the 1000 and 500-bills? Well, they are obsolete as well, but if you find one and turn it into the bank,you still get $1000.00 or 500.00 which ever you hold. If you have a Civil War Currency Bill (Union) $5.00 bill... and you take it to a bank, well first your crazy because the collector value is higher than what the bank will give you , but guess what they will give you for it? $5.00!!! Face value of the currency should remain the same even with the RD. So theoretically 25K IQD should = $25K... now the articale did say the RD would only be in the confines of the borders of IRAQ... this would cover us, SPECULATORS... which tells me that the people of Iraq within the borders will get the 1 for 1... while the investors outside the country will get the same 1 to 1 but with the ratio of the 25K notes meaning 25K IQD = $25K... this would makes sense as the just reward from Iraq for the re rest of the world. Dont get me wrong, there is a lot of people eyeing Iraq. They are prime at the moment! But now a days, OIL, NATURAL GAS has become a backing for currency, we just do not know it on our level. IRAQ was just made President of OPEC for 2012... and they dont even export oil yet... Look at the overall picture, the EURO is about to collaspe, and guess what else... the USD is about to go back to the GOLD Standard! So what does that tell you! We are about to cash in on Oil and have a lifetime of cheap oil, and yes OIL is sold/bought in USD on the global market, but Venezuela would much rather you buy it from them in their currency because it costs them to change theirs over to USD like IRAQ would... it is a businessmans agreement at that point. So with the RD happening only in the confines of the borders of Iraq it protects their circulation of currency while rewarding the Investors on the ouside with the RV rate. So they can afford to go 1 to 1 from the start.