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Sweetybird

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Posts posted by Sweetybird

  1. We all are confused with this investment most of the time. As you can see the translations do not offer much to grasp and understand when we read them. Here the CBI says they are hard at work on this project, guess what they have been saying that for years. Last summer they said they were completed and it was on Parliaments desk to be voted on. Now they are working hard on the project. What happened and why didn't it happen?

    So is it hype, educating the people, or keeping people looking one way, while they try to fetter out the counterfeiting problem, or something else? I don't know. Again pay attention not so much to what they say as what they are doing. We know they bought some fancy ass machines from Del a Rue. We know they are getting their banks on line via better internet connections, we know they are pulling dinar in and selling dollars, we know to keep banks in check, those banks now have to have accounts with CBI before they can play in the auctions, we know there is a counterfeiting problem and money laundering problem, we know they raised their rate 4 pips, we know they have plans for a new CBI, we know they are going to have an Arab Summit, we know they want out of chapter 7, we know they are finally playing nice with Kuwait and intend to get the ball rolling, and I am sure there is more we know, but I can't remember. But as far as anything pertaining to these articles imo we don't know. But from the actions they have taken I would say, there moves are more towards an RV, than RD. JMO of course and perhaps I look for the positives as opposed the negatives. ;)

    Thank you so much for your reply; you did a great job reminding us of all the good news that's come out so far. Personally, I needed that. I think I'm back on track now. I was getting a little worried there... And you're right for looking for the positives instead of the negatives. Again, thanks! :tiphat:

    I just dont know why everybody has such a hard time understanding this.

    WHO`s on first WHATS on second and I DONT KNOW is on third.

    I Got it.

    LOL :D:D

  2. plan b plan c plan d etc.... we are dealing with a country that is behind us by at least 75 years!!! their actions are reactionary! day to day bs! my son broke ur window so i owe u two virgin daughters and 100 million dinar and two loafs of bread,by the way, i need that manual on mercury triggers. deal!!! i bet if people would stop buying dinar it would go up, why? because obviously autioning off 500 gazzilion catillion bazillion dinar hasnt helped, normal market principles dont work in this situation! the best thing that could happen is money being invested into this shithole. by the way dont tell me i dont know what im talking about, my predictions hav been right for almost 10 years, not gonna happen today, tomorrow, next month or next year, i hav a 100 percent perfect prediction record!!!

    just being real

    blueduck

    Wow, It must be really difficult being 100% perfect for almost 10 years, bless your heart...

    • Upvote 5
  3. CBI intensifies efforts to delete zeros from the Iraqi currency

    Posted: March 16, 2012 in Iraqi Dinar/Politics

    Tags: Baghdad, Central Bank Iraq, Committee, Currency, Iraq, Iraqi dinar, Mohammed Saleh, Radio Sawa

    Translation 1:

    Iraqi Central intensify its efforts to delete the zeros of the Iraqi currency

    Tuesday, 13/03/2012 10:11

    BAGHDAD – ASHA: the Iraqi Central Bank continues to work on the project to delete the zeros of the Iraqi currency.

    The bank adviser said the appearance of Mohammed Saleh – in a statement to Radio Sawa on Tuesday – “The Committee is tasked with developing the project to delete blocks of zeros of the Iraqi currency in the process of completing its work,” noting that the project will be launched early next year.

    He noted the benefit to the new currency that contained the categories of paper and metal, stressing the importance of the project to delete zeros in facilitating financial transactions, and pointed out that government banks are the only outlet for the process of replacing the currency that will continue over two years.

    It is noteworthy that Article 36 of the Law on Central Bank of Iraq gives him the right to replace the currency

    And adjusted according to the list of control governing the work of the new currency.

    Translation 2:

    CBI intensify efforts to delete the zeros of the Iraqi currency

    Tuesday 2012/3/13 10: 11 am

    Baghdad-a u a: continue to the Central Bank of Iraq project delete zeros of the Iraqi currency.

    The Bank adviser said the appearance of Mohamed Saleh. in a statement to radio (Sawa) Tuesday. “the Committee charged with establishing the building blocks of zeros from the currency project deleted in the process of completing its work in Iraq,” he said, adding that the project will be launched early next year.

    He fit that new currency contained metal kite categories, stressing the importance of the draft delete zeros in facilitating financial transactions, said State banks were the only port for the replacement of currency that will continue for two years.

    Recalls that article 36 of the law on the Central Bank of Iraq granted right to replace currency And modify in accordance with regulations governing the work of the new currency controls.

  4. This may actually be "the plan", but farther down the road, after the new currency has been introduced. One of your best investments after RV may be to NOT cash in (some of it).

    We're thinking along the same lines. I plan to "hold em" for a while, unless there's a set time to cash in, of course. I think the potential is worth the additional wait.

  5. Jubouri: There are recommendations made by the Finance Committee to set controls for the dollar exchange

    Posted: March 16, 2012 in Iraqi Dinar/Politics

    Tags: Council of Representatives of Iraq, Currency, Economy of Iraq, Finance Committee, Iraq, Iraqi dinar, United States dollar, United States Senate Committee on Finance

    Friday, March 16 / March 2012 07:25 | Author: Mustakbal | | |

    BAGHDAD / With: A member of the Finance Committee in the Iraqi parliament Haitham Jubouri that there are recommendations made by the Committee to set controls for the dollar exchange indicating that the process of the dollar must be based on the needs of the country to import the necessary materials and according to the mechanisms can not be through the diversion of the hard currency of the country to the countries affected economically.

    He Jubouri, the reporter and the news agency the future, on Friday, said: “Some two billion U.S. dollars is the amount of money smuggled out of Iraq over the past month to neighboring countries after the sanctions were imposed economic”, adding that “the smuggling of currency this has contributed to and are to a large fall in the price of the Iraqi dinar against the value of the U.S. dollar which will lead to the collapse of the Iraqi economy. “

    The non-official sources confirmed the existence of the smuggling of foreign currency from Iraq towards other countries.

    http://bit.ly/y3zMOl

    • Upvote 2
  6. After Maliki’s visit: Un Representative Kubler intends to visit Kuwait as part of international efforts to resolve outstanding issues

    Posted: March 14, 2012 in Iraq: Chapter VII, Iraqi Dinar/Politics, Top Headlines

    Tags: Ahmad Al-Jaber Al-Sabah, Arab people, Baghdad, Iraq, kuwait, Nouri al-Maliki, Secretary-General of the United Nations, United Nation

    Wednesday, March 14 / March 2012 09:11

    The representative of the Secretary-General of the United Nations in Iraq, Martin Kobler, he planned a visit to Kuwait, as part of the international organization’s efforts to settle outstanding issues between Baghdad and Kuwait.

    The announcement of the visit to coincide with the visit by Wednesday, Prime Minister Nuri al-Maliki of Kuwait

    A statement issued by the UN office in Iraq, “UNAMI, yesterday, for Kuebler, that” the efforts to resolve the outstanding issues between Kuwait and Iraq, “noting that he plans to visit Kuwait next week, and Stlhakha another visit after discussing with Iraqi officials in light of the results that will come Conference of the next Arab summit in Baghdad.

    The Kubler, happy situation of calm that prevailed in the relations between the two countries in recent times, indicating that comes within his authority given to the UN office in Iraq, “UNAMI.”

    The Kubler had paid a visit to Kuwait last November where he met with Emir of Kuwait Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah and senior officials to discuss strengthening bilateral relations shared between Iraq and Kuwait.

    According to a statement of UNAMI for the visit

    “I had the opportunity to discuss a range of vital issues of common interest between Kuwait and Iraq, I felt good intentions on both sides to move forward and to ensure good neighborly relations between the two countries, and that the aspirations of the United Nations to achieve, and I look forward to working with both governments for this end. “

    http://bit.ly/x6IoNl

    • Upvote 2
  7. Kuwaiti owners of real property in Iraq get access to their land

    Posted: March 14, 2012 in Iraq: Chapter VII, Top Headlines

    Tags: Ali al-Dabbagh, Baghdad, Iraq, Iraqi government, kuwait, Kuwaiti, Nouri al-Maliki, United Nation

    Date : 3/14/2012

    BAGHDAD, March 13 (KUNA) — The Iraqi government announced on Tuesday a decision entitling Kuwaitis owning real property in Iraq to have access to their land.

    The decision is conditional on an equal treatment for Iraqi owners of property in Kuwait, Spokesman of the Iraqi Government Ali Al-Dabbagh said here in a press release, of which KUNA received a copy.

    A Kuwaiti committee set up by the Amir Decree No. 26 for 2011, decided that the Kuwaiti landowners in Iraq have the right to transact in their property provided that there is no legal ban.

    The committee recognized, in the minutes of its meeting on March 6, 2012, the principle of equal treatment, the statement noted.

    Today’s decision allows exchanging documents of individuals through the diplomatic channels and endorsing them by the concerned departments of the two countries, it added.

    http://bit.ly/ymJpwT

    GOI Spokesman shows the cabinet’s decision to allow the Kuwaiti owners of real estate in Iraq to act Bakarathm

    Wednesday, March 14 / March 2012 11:13

    He said government spokesman Ali al-Dabbagh, the reasons for the decision of the Council of Ministers included to allow the Kuwaiti owners of real estate in Iraq Bakarathm act unless there is a judicial objection subject to the principle of reciprocity .

    The Council of Ministers issued the resolution on Tuesday, one day before the Book of Prime Minister Nuri al-Maliki to Kuwait at the head of official delegation to discuss relations between the two countries.

    Dabbagh said that “the committee about it Diwani number (26) for the year 2011 has been dispatched to the State of Kuwait at the invitation of the Kuwaiti side to see the actions of the Kuwaiti side on the real property of the citizens of refugees in Kuwait, and it became clear that the principle of reciprocity in solving the problems of real property Verifier explained Kuwaiti side that there are no management decisions on the prevention of disposal or confiscation of property real estate entrepreneurs have found that lifting is excluded from the judicial decisions. “

    He added, “the Kuwaiti side has submitted a list of Iraqi citizens, owners at this time for real estate in the State of Kuwait, as well as a list of intellectual history of the Iraqi citizens in the State of Kuwait during the period from January 1, 1959 to 21 September 2011 which agreed the two sides to make requests of citizens real estate on both sides through diplomatic channels, accompanied by copies of documentary evidence on the real property. “

    He stressed that “The Iraqi side will ensure you do not receive any compensation of Kuwaiti citizens for the ownership of their property in Iraq by the United Nations Commission on compensation and the absence of legal impediment or court order before the release of these properties.”

    http://bit.ly/zAntE7

    • Upvote 2
  8. Unfortunately, that is not how it would happen, most likely...

    They've stated many times that customs and the Federal Reserve/IRS will require that any foreign currency transactions coming through be first converted to USD, which would be taxable as income, before being converted into the equivalent value in physical precious metals or any other commodity/stock shares.

    So, basically, we have to take the tax hit on IQD to USD conversion before being able to buy silver/gold from them.

    And then we'd take another hit on the gold and silver... Sheesh! They sure have it figured out, don't they! They're making more than we will! Not fair at all...

  9. I ordered the day they stopped accepting echecks, the lady I spoke with didn't even know they had stopped, she had to check with her supervisor. Have you had any issues getting your orders lately? I usually get them in 2 business days but my most recent order was on 2-27 and I didn't receive it until March 9th. They kept giving me the run around. First they couldn't open the image of my cashiers check, then it was blurry, then they couldn't read the order number, etc. It was odd, because I resent the same image every time, and finally they accepted it and processed the order. It just seemed they were stalling so I was curious if you had the same problem. Thanks for the info!

    Yes, Dinarduo, I did have a couple of problems, though minor ones. I had ordered and went back into the account the next day and it was still showing"open" instead of "ready to ship." I called them and they said it was because they couldn't read the PDF file I'd sent, that they were having problems with getting them to open. I tried it twice more while they were on the line with me, still didin't work, so they told me to send it to "steve@dinarbanker.com." I did, and got a response that afternoon that it was "ready to ship." I usually get my order FedEx 4 days from date of order. Same thing happened about a week later, too. About a 1 day hold up on that order. Last order was fine though, so maybe they have the bugs worked out. Hopefully...

    There is a thread in the Off Topic section about bonds called Why Bonds Will Go Bang . . . they may be able to share some insight on the Dinar bonds. As for Vietnam, that's the second time I've heard that in less than a week - sounds like it may be time to do some research. Thanks Zig!

    Thanks Zigmeister. I'll have to look into that. I'd heard a little about it, but have mainly concentrated on the dinar. The bonds sound like an excellent idea. I appreciate your thoughtfulness in telling me. I have a lot of respect for your posts!!! Thank you!

    Oops just found what you were talking about :)

    Glad you found it Nakida... Hope it helps in some way... Good Luck, and God Bless!

  10. No they have been selling the dong. I uh got my Vietnamese currency there. ;) Fairly recent they have added the Yuan, and others in their merchandise. The gold and silver coming soon....interesting. I imagine many who cash in the dinar would go with them on gold and silver investments, especially if a deal is added on.

    Thanks, that helps, I probably just missed it. I haven't braved the Dong yet! I'm still getting used to the Dinar. lol

  11. Here's what I read this morning, if it helps...

    Iraqi List describe the results of the meeting of the Preparatory Committee V “Palmhdja”

    Posted: March 13, 2012 in Iraqi Dinar/Politics

    13/03/2012 14:12

    Baghdad, March 13 (Rn) – called the Iraqi List led by former Prime Minister Iyad Allawi, Tuesday, results of the meeting of the Preparatory Committee the fifth day yesterday as “positive” and “encouraging,” indicating that they would not object to any place specified by President Jalal Talabani for the conference national levels.

    Announced that the Preparatory Committee of the National Conference today that its meeting held yesterday evening resulted in an agreement on the structure of the agenda of the national meeting and the formation of a special committee to develop a vocabulary of the agenda, agreed that the President Jalal Talabani, determine where and when the national conference.

    The meetings of the Preparatory Committee, which includes 12 representatives of the political blocs after the Iraqi List, reverse the decision to boycott the government and the House of Representatives this month.

    The country has witnessed political tension was accompanied by security breaches days after the departure of U.S. forces in December 18 last December under the security agreement signed between the two countries.

    A spokesman for the movement of reconciliation that fall under the Iraqi List, Hadi Zalmi that “the preparatory committee meeting yesterday as a positive gesture is encouraging, and we hope that the successful conclusion of the agreement on the agenda provided that it is acceptable to all parties and reflects the real demands it.”

    The Zalmi told the Kurdish news agency (Rn) today, “We in the Iraqi List, we hope that we get to the conference and soon accepted by the political parties,” noting that “the venue of the National Congress was not a node in, but node lies in the goodwill embodied by the agenda and to deal with a sincere spirit of serving the political process. “

    He said, “any place specified by President Jalal Talabani, the Iraqi will not object to it.” He said.

    The political crisis erupted between coalition and Iraqi rule of law against the backdrop of the issuance of an arrest warrant for Vice President Tareq al-Hashemi, a leader in the Iraqi List, for his support of “terrorism” which was rejected by the latter, who described the judiciary as “politically motivated”.

    Insists Iraqi List led by former Prime Minister Iyad Allawi, the need to hold the National Congress before the Arab Summit with the ability to keep it open until after the Arab summit that touched the serious intentions of the other parties. Referring to a coalition of state law.

    http://bit.ly/AuUJwb

    • Upvote 1
  12. What I find very interesting, is soon they will offer customers to invest in silver and gold.

    I thought that was interesting. It looks like they are branching out quite a bit. Also, they are selling different kinds of currency, like V.Dong etc. I've bought from them many times over the last few months and had never seen Dong mentioned until today. Then again, that web page is totally different too.

    The silver and gold comment is new since the first week of March. We had a dinar banker thread going in Jan when they stopped taking echecks and added the exchange process updates and I have purchased twice since then and the silver and gold info was not present.

    I had bought by e-check just 3 days prior to that and tried to do it again, but couldn't. I called them to see what was up and the guy said they'd stopped because they were having trouble getting the banks to pay up. I had not seen the gold and silver listed either...

  13. Dealers buy dinar. That's what they do. Buy and sell. Profit and more profit.

    Makes sense to me, and I'm sure you know tons more about it than I do. I haven't been in this long enough to have the kind of expertise you have. BTW, thanks for all you do here. It sure helps people like me that are still learning... :)

  14. Will they cash in any dinar even if we don't buy it from them ?

    Just asking :)

    Sorry it took so long to answer you, but I had to run an errand. I just bought from them ( again ) a few days ago and they've changed their entire web page since then. I'm not sure about buying it from you if you didn't buy it from them, but here's what's printed on the page, hope it helps:

    Sell Dinar

    Current Exchange Rates:

    Uncirculated $900 (USD) per Million Dinar (IQD)

    Circulated $880 (USD) per Million Dinar (IQD)

    As of March 13, 2012 15:00 EST

    How do I exchange my Iraqi Dinar for US Dollars?

    Sterling Currency Group Exchange Procedure

    Sterling Currency Group is prepared to meet the exchange needs of our valued customers. We have a long history of transporting and securing currency all over the world and accomplishing complex financial transactions quickly and securely. We value our customers and our first priority is ensuring that they have a reliable means of exchanging Iraqi Dinar or any other currency purchased from Sterling Currency Group.

    Now you can exchange your currency by filling out the order form below. Your rate will be locked when your submitted order form is approved. When you see a rate published on our website at which you wish to exchange your currency, please follow these steps:

    You MUST fill out and submit the order form below completely. You will immediately receive an email confirmation with all the instructions and necessary documentation for all currency exchanges.

    The form must be filled in regardless of the value of your currency. If the value of the currency is more than $50,000 USD you will have the option of requesting an appointment.

    For specifics on exchanging Layaway orders, please read the Layaway Exchange Information at the bottom of this page.

    You will receive specific instructions once your order form has been submitted.

    By placing a Sell/Exchange order, I agree that I am exchanging at the rate published on this page.

  15. Just saw this on Dinar Banker website: Interesting. Looks like they may be getting ready to help with cash ins. They'd make a mint!

    Link: dinarbanker.com

    Current Exchange Rates:

    Uncirculated $900 (USD) per Million Dinar (IQD)

    Circulated $880 (USD) per Million Dinar (IQD)

    As of March 13, 2012 12:31 EST

    How do I exchange my Iraqi Dinar for US Dollars?

    Sterling Currency Group Exchange Procedure

    Sterling Currency Group is prepared to meet the exchange needs of our valued customers. We have a long history of transporting and securing currency all over the world and accomplishing complex financial transactions quickly and securely. We value our customers and our first priority is ensuring that they have a reliable means of exchanging Iraqi Dinar or any other currency purchased from Sterling Currency Group.

    Now you can exchange your currency by filling out the order form below. Your rate will be locked when your submitted order form is approved. When you see a rate published on our website at which you wish to exchange your currency, please follow these steps:

    • Upvote 1
    • Downvote 1
  16. I would venture to say that Tuesday thru Thursday is the best time for RV, if not, it will be Friday, but if not then, it will drop in over the weekend with cashin Monday morning, or Tuesday at the latest!

    I like your way of thinking! I think it'll be before next weekend.

    Well then I guess we agree to disagree.

    Good answer. Take heart, it'll be just fine... hang in there!

    News? Are you kidding me? In this chat, there is zero news. There are no links. This chat is nothing but "pumper opinion". I think you should read it again. Pure B.S.

    Then why are you here??? Why not go find a "news link" instead?

    • Upvote 1
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  17. That's what's so bizarre about this. I feel like all the evidence in the world that an RV is imminent is staring me right in the face yet I still haven't bought any more dinar. I may want to kick myself 6 months from now for being gun shy but I guess there's something so unbelievable about this that I won't believe it until I'm walking out of a bank with a fat new balance!

    I know exactly what you mean... it doesn't seem feasible, but at the same time, I love it!!! lol

  18. thanks carrello, but this is what i brought him. and he says its written letter by letter. he wants the script, where the letters run together and are connected words. i guess the context changes, depending on how its written. I do appreciate the post. Its amazing how the meanings can change by how its written. he said the sentence is backwards by the letter by letter format

    Truthful, with all due respect, why don't you quit trying so hard and just simply enjoy the good news? Sometimes good news is just that; good news. Have a blessed day!

    • Upvote 1
  19. From the Rumor Mill, when the CBI initially comes out with a rate change, it will be a Low rate. From the Rumor Mill most folks holding IQD 50 to 60% will take the First rate, (cash out)!! All just Rumor but it makes sense!! Hope this helps!!

    It does help, thanks for taking the time to clarify it for me and so I'm holding on the initial rate. I've waited this long, may as well hold tight for a little while longer. "Rumor" or not, it does make sense. Bless you for all you do Yota!!!!!

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