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Peter

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  1. another site 25 April 2011 Just wanted to let you know I had attended as a member the International Business Council of Iraq. A great meeting and lots of discussions. another site just recently attended the International Business Council of Iraq (IBCI) meeting. I met with the Iraqi Government Official Ministry of Communications, Mohammed Allawi. In fact, I frequently attend meetings with Ministries as well as Central Bank officials. Since I have been getting more and more photo requests from my readers I decided to include some today. There are a few pictures of the Minister of Communications and I have the itinerary of the IBIC. I have also been recently made aware that there are a few naysayers that frequently try to cast doubts that the another site is in Iraq. Hopefully, this will open the eyes of some and remove all doubt. I have absolutely nothing to gain by pretending to be someplace that I’m not. Do not doubt me, doubt the ones who have misled you for months on end (and continue to do so) of the countless RV dates that come & go and the promises of $3 & up rates. (Photos of meeting IBC of Iraq agenda and Ministry of Communications – Mohammed Allawi attached in the email)
  2. Does anyone know the history behind what happened to Turkey's currency? I'll google it later. 18 APRIL 2011 THERE HAS BEEN SOME GREAT NEWS ARTICLES RECENTLY PUBLISHED IN BAGHDAD. FOR THOSE OF YOU THAT RELY ON TRANSLATORS, I HAVE ONE BIT OF ADVICE FOR YOU, DON'T PUT TOO MUCH FAITH INTO THE ARABIC TO ENGLISH TRANSLATORS. MANY OF THEM CREATE NUMEROUS ERRORS AND OFTEN LEAD TO MISINFORMATION. I'VE SEEN THIS HAPPEN WAY TOO MANY TIMES OVER THE COURSE OF SEVERAL YEARS AND HAVE NOTICED IT EVEN MORE RECENTLY. MY INBOX HAS BEEN BOMBARDED WITH EMAILS FROM READERS WHOM HAVE ASKED ME TO CLARIFY OR CONFIRM SOMETHING THAT HAS BEEN TRANSLATED ONLY TO DISCOVER THAT THE INFORMATION WAS COMPLETELY FALSE. IN FACT, MANY OF THE MISTRANSLATIONS OF CERTAIN WORDS HAVE LEAD PEOPLE TO BELIEVE THAT A POSSIBLE RV IS AROUND THE CORNER. IT APPEARS THAT MANY OF THE MISTRANSLATIONS ARE IN REGARDS TO CERTAIN NEWS ARTICLES THAT THE CENTRAL BANK OF IRAQ IS ABOUT TO CHANGE THE CURRENCY AND THAN AN RV WILL OCCUR SHORTLY AFTER. IN MY LAST EMAILED NEWSLETTER I STATED THAT THE RE-DENOMINATION (IF IT DOES IN FACT OCCUR) IS NOT THE RV THAT EVERYONE IS EXPECTING. I HAVE SEVERAL OF MY OWN PERSONAL ARABIC TRANSLATORS WHOM I TRUST AND WELCOME ANY OF MY READERS TO EMAIL WITH THEIR QUESTIONS IN REGARDS TO TRANSLATIONS. THERE ARE CERTAIN INDIVIDUALS AND GROUPS WHO HAVE CAST DOUBTS ON WHAT IS EXACTLY GOING ON WITH THE MINISTRY OF FINANCE AND THE CENTRAL BANK OF IRAQ. SPECULATION AND DEBATING ARE ONE THING, BUT TO TURN ALL THAT INTO FACT IS ANOTHER. IN ANY EVENT, WHATEVER IS PLANNED MUST FIRST BE BROUGHT FORTH IN FRONT OF THE COUNCIL OF MINISTRIES AS WELL AS THE IRAQI PARLIAMENT FOR APPROVAL. I'VE BEEN REITERATING THIS FOR OVER THREE YEARS NOW. IN ANOTHER POSSIBLE CASE SCENARIO, THE IRAQI PARLIAMENT COULD ALSO DECIDE NOT TO PASS THE NEW LAW OF RE-DENOMINATION WHICH WOULD THEN SEND THE PLAN FOR THE IRAQI CURRENCY BACK TO THE CBI AND THE MOF FOR ALTERNATIVE ACTION. ONE HAS TO ASK ONE'S SELF AND WONDER, "IF THIS IS SO GOOD FOR THE IRAQI PEOPLE WHY DO BUSINESS ORGANIZATIONS OPPOSE THE IDEA"? WE HAVE ALREADY SEEN IRAQI'S CHANGING THEIR IRAQI DINAR CURRENCY BACK TO DOLLARS IN ORDER TO PRESERVE CAPITAL (AS RECENTLY REPORTED BY IRAQI'S IN THE DHI QAR DISTRICT). AN IRAQI NAMED, AHMED AL-HUMAIDI ALSO AN EMPLOYEE OF LG IN THE ELECTRICAL DEPARTMENT STATED, "THE MATTER THAT CONCERNS ME NOW IS TO CHANGE MY MONEY FROM THE IRAQI CURRENCY TO THE DOLLAR IN ORDER TO PRESERVE CAPITAL." ON ANOTHER NOTE, I WOULD LIKE TO BRING YOUR ATTENTION TO ONE SPECIFIC HEADLINE THAT WAS RECENTLY IN A BAGHDAD NEWSPAPER. THE HEADLINE READ; PARLIAMENTARY: THE DELETION OF ZEROS FROM THE IRAQI CURRENCY WOULD OVERCOME ALL THE DIFFICULTIES OF ECONOMIC. THIS ARTICLE IS SIGNIFICANT AND WELL WORTH THE READ. I GAVE A HEAD'S UP TO EVERYONE ON 15 FEBRUARY WHEN I MADE THIS COMMENT ON MY WEB SITE. FROM another site WEB SITE 15 FEB 2011 IN REGARDS TO THE IRAQI CURRENCY: EXPECT THE CENTRAL BANK OF IRAQ TO BE DISTRIBUTING THE NEW IRAQ DINAR CURRENCY JUST AFTER THEY COMPLETE THEIR INTERNAL REPORT. NO ONE SEEMS TO KNOW A COMPLETION DATE FOR THE INTERNAL REPORT SO EXPECT IT TO BE ONGOING AND DRAGGING ON FOR A LONG PERIOD OF TIME. FROM WHAT I AM GETTING ON MY END (HERE IN BAGHDAD), IRAQ WILL BE FOLLOWING SUIT RIGHT ALONG WITH THE WAY THE COUNTRY, TURKEY, HANDLED THEIR CURRENCY. BOTH THE NEW AND THE OLD CURRENCY WILL BE SIMULTANEOUSLY IN CIRCULATION. DON'T MISUNDERSTAND THIS UPCOMING MERGE OF CURRENCIES TO BE ANY INDICATION OR FORM OF RV OR RI AS SOME WOULD LIKE TO MAKE YOU THINK (AND WILL TRY TO MAKE YOU THINK). AND, KEEP IN MIND THAT THE INTERNAL REPORT AS I MENTIONED ABOVE, COULD BE A LENGTHY PROCESS AS IS EVERYTHING IN IRAQ. I STATED THAT THE CENTRAL BANK OF IRAQ HAD A COMMITTEE WHICH WAS VERY CLOSE TO BEING FINISHED WITH THEIR REPORT REGARDING RE-DENOMINATION OF THE DINAR CURRENCY AND UPON COMPLETION WOULD BE SUBMITTING THE REPORT TO THE COUNCIL OF MINISTRIES. AS OF TODAY, THE REPORT HAS NOT BEEN COMPLETED AND STILL IS NOT IN THE HANDS OF THE COUNCIL OF MINISTRIES. ONE ISSUE SEEMS TO BE THAT, THE CENTRAL BANK IS CONTINUING TO COLLECT FEEDBACK FROM VARIOUS GROUPS AND EXPERTS WHO APPARENTLY ARE EITHER OPPOSED OR AGAINST THE RE-DENOMINATION. THERE SEEMS TO BE A GREAT DIVIDE. I ALSO REPORTED THAT THE PROCESS IS AN EXTREMELY LENGTHY ONE AND COULD TAKE SOME TIME. ALSO, IN MY POST ON 15 FEB, I MENTIONED THAT IRAQ APPEARED TO BE LEANING TOWARDS THE SAME PROCESS AND FOLLOWING SUIT WITH WHAT TURKEY DID WITH THEIR CURRENCY. MANY OF YOU ARE PROBABLY WONDERING HOW I HAVE COME TO THIS CONCLUSION. WELL, I HAVE ALWAYS THOUGHT THIS WAS THE ROUTE THEY MAY GO AND I RECENTLY GOT SOME CONFIRMATION OF THIS THOUGHT PROCESS IN THE ARTICLE WITH THE HEADLINE; CBI: THE RESTRUCTURING OF THE IRAQI CURRENCY INFLATION FIT THE CASH BLOCK. (IN THIS ARTICLE THERE IS A PARAGRAPH THAT GIVES AN EXAMPLE TO WHAT TO LOOK FOR); TO THAT, THE ADVISER TO THE CENTRAL BANK OF THE APPEARANCE OF MOHAMMED SALEH, SAID THAT SUCH FEARS ARE UNWARRANTED, AND THAT THE ECONOMIC SITUATION IN IRAQ IS GOOD AND ABLE TO WITHSTAND THE APPLICATION OF THIS PROJECT, AND THAT THIS EXPERIENCE HAD PREVIOUSLY BEEN APPLIED IN COUNTRIES SUCH AS TURKEY, WHICH HAS BY DELETING SIX ZEROS FROM THE CURRENCY BEFORE THE PERIOD IS NOT TOO DISTANT FUTURE. THE ARTICLE GIVES AN EXAMPLE COUNTRY, TURKEY. IS IT MORE THAN JUST A COINCIDENCE? I THINK NOT. I HAVE VERY CLOSE AND TIGHT CONTACTS WITHIN THE BANKING INDUSTRY IN IRAQ AND THEY HAVE NOT BEEN WRONG AS OF TODAY WITH THE INFORMATION THAT THEY HAVE SHARED AND PROVIDED TO ME. THE INFORMATION COMES TO ME MONTHS PRIOR TO BEING MADE PUBLIC IN MANY TIMES. IMPORTANT DATES TO NOTE; 5 MAY, WHICH INVOLVES THE MECHANISM FOR THE DEVELOPMENT FUND FOR IRAQ. THE 5TH OF MAY IS AN IMPORTANT DATE TO WATCH FOR NEWS ABOUT THE DFI AND THE FUTURE MECHANISM. I DID STATE ON SEVERAL OCCASIONS THAT THE DFI FUND WILL REMAIN IN NEW YORK AT THE FEDERAL RESERVE AND WILL BE CALLED BY A DIFFERENT NAME. THIS IS WHAT MY CONTACTS ARE SAYING AS OF TODAY, BUT THIS COULD VERY WELL CHANGE. AFTER ALL, THIS IS IRAQ. 19 MAY 2011 - RESPONSES FOR THE GAS EXPLORATION CONTRACTS 30 JUNE 2011 - DFI RENAMED ACCOUNT STILL HELD IN NEW YORK 10 OCT 2011 - OIL & GAS TRADE MISSION ENERGY BASRA IRAQ 11 SEP 2011 - KURDISTAN REGIONAL GOVERNMENT ELECTIONS CONTRARY TO WHAT IS BEING SAID ON SOME FORUMS, THE GOVERNOR OF THE CENTRAL BANK OF IRAQ DID NOT GO TO THE SWITZERLAND BUSINESS CONFERENCE. HOW DO I KNOW THIS? BECAUSE ON THE DATE WHERE HE WAS REPORTED TO HAD BEEN THERE I WAS IN AN UNRELATED MEETING WHERE HE WAS PRESENT. PRETTY DIFFICULT TO BE TWO PLACES AT ONCE. HOWEVER, HE WILL BE PRESENT IN WASHINGTON D.C. FOR THE BUSINESS COMMUNITY ON 19 APRIL. ALSO, THE ARAB LEAGUE CONFERENCE THAT WAS EXPECTED TO START IN BAGHDAD NEXT MONTH WILL MORE THAN LIKELY BE POSTPONED AGAIN FOR SOMETIME IN 2012.
  3. This was just emailed to me by a friend. Don't kill the messenger but I thought I'd share it with DV as it makes a lot of sense when you think about it. Back when Iraq had that good rate of $3.20, they only had about 20 Billion dinars in circulation. According to the CBI and IMF, they currently have over 27 Trillion in circulation. Iraq now has over 1000 times MORE dinar in circulation than they did back when they had the rate of $3.20. Obviously Iraq can’t RI or RV back to that old rate unless they also reduce their currency supply back down to those approximate figures of about 20 billion dinars or so. Even if we conservatively pick a low RV rate of say $.50 or $1.25, Iraq STILL won't be able to RV. Right now in the whole wide world, if you add up all the currency that's in circulation from every single country… all added together it’s about 5 Trillion dollars worth of currency. Iraq has 27 trillion dinar in circulation. An RV of even 50 cents would give Iraq 13 Trillion dollars worth of currency. A $1.25 RV would give Iraq 34 Trillion dollars worth of currency. That would mean Iraq would have about 3 to 7 times more currency in circulation, dollar value wise, than the rest of the whole world combined!!! And they would do this with a GDP, size of economy, about one tenth of one percent of the world GDP. Does that make sense? Hate to burst anyone's bubble but Iraq will NOT be RVing any time soon until they at least lower their dinar they have in circulation below 50 billion dinars. Once that happens then we can say an RV is more realistic. Until that happens, all the hype created by so-called gurus, pumpers and everyone in between that we are sooooooo close to RVing is all false and a front to either increase dinar sales and/or increase traffic to their websites/blogs for monetary purposes. I am heavily invested in the dinar and want it to RV as soon as possible but the reality is it WON'T happen until Iraq lowers their circulation of the dinar below 50 billion dinars.
  4. Don't kill the messenger, but this was sent to me earlier today from a friend of mine and a fellow dinar investor. Seems this info was released last week. Hope it's not true. Please listen to the below audio file and strap on the headphones so you can hear every jot and tittle. It is very informative and eye opening. Two hour conference with “Contact 2" who is a former intelligence Air Force officer. http://files.hoza.me/Information-on-Iraqi-Dinar-etc-2Feb2011.mp3 NOTES - (DRAFT ONLY) 1. Disclosure is given about the global currency shift that is happening today. NOW…and we don't see it. We are not being told what is happening. FACT: The Chinese took away the processing authority of delivering the Global Settlements and the Prosperity Packages, and are making the deliveries at this time. Americans were dragging their feet on the promised deliveries, and the Chinese did not put up with it. There was an Emergency Meeting over the weekend with the Secretary of the Treasury in Washington on Saturday and Sunday. A meeting with the Chinese Dragons and the Pentagon occurred this weekend. Monday, today, Secretary of State Hillarious Clinton recalled all of the US Ambassadors and Consulates for a 2 Day Meeting in Washington, DC. The reason for the meeting was to prevent interference on other levels as they continue this process. Once the Program Packages and Global Settlements are delivered, there will be a new currency distributed with new treasury dollars. The Iraqi DINAR will be devalued further. There will be a new level global playing field with the new currency. The sequential events will happen very quickly; all of this should be over by Wednesday. The Chinese New Year is on Thursday, and they want it done by then. By next Monday, there should be a new banking system. The Iraqi DINAR will be used for oil purchases - globally. The Chinese Yuan will be used for exchanges. Currencies are recognized as sovereign-based, and will be continued, just reformed. Q&A -- BRIEF EXCERPTS OF ANSWERS ONLY (Go to the video for the details) 1. By revaluating the DINAR, the price of USA gasoline will rise to the same as other nations. It has been artificially and fraudulently suppressed. 2. The Federal Reserve has kept the USA in a perpetual state of DEBT and used the Americans as the slaves to pay it. This is going to end. The transition to new POSITIVE valued currencies will be based on Gold, Silver or Oil. 3. The Federal Reserve is fighting this global action. The Chinese circumvented it. China is dismantling the OPEC Cartel that was created by the Rockefeller elitists. 4. The situation in Greece is different. People were burning the banks that were under Rockefellers. At this time, Spain and Portugal will be okay. 5. The elitists all over the globe are going down. 6. At the end of WWII, there were 152,000 NAZI iffucers infiltrated into the US Intelligence community, and they began rebuilding the regime in the USA. The American CIA was patterned after the SS. 7. The National Security Act with its Black Projects forced Americans to sign away their rights in the name of national security. 8. The NAZI plan for seizing power was disclosed by a Professor in his Ph.D. Thesis, which was later a book entitled, How the Nazi's Seized Power. 9. To gain control of the USA, the hidden NAZI regime had to seize control over: (a) Intelligence community, ( Media, © Banking, and (d) the Military Industrial Complex. 10. In order to gain control over the Media, there had to be a willing Religious group .. the Fundamental Christians were the perfect tool because they had Dogma and Patriotism. TRAP: Everyone wants to love their country. 11. After a lot of research, the United States military minds agreed -- THERE IS NO HAPPY ENDING TO A NUCLEAR WAR. So, they started using the debasement of currency to entrap their enemies and suppress them. 12. The military plan to debase currencies as a military strategy went to Howard Hughes who shelved it; however, President Reagan brought it out, funded it, and used it to gut the Soviet Union. It worked. 13. A total of $43.7 Trillion was made during Reagan's exploitation of Russia. It was high-jacked by President Bush, and never returned. This is the reason for the Settlement Programs today. 14. The CIA is running the global Drug Cartels. It is going to be defunded when the new currency is in place. 15. An even playing field will have transparency. It will eliminate the reasons for (a) war, ( Drug cartels, © Oil manipulations, and (d) Chainless slaves to pay taxes. 16. China is not interested in expansion…never was and never will be. It is focused on making life better for the country. China's wealthy leaders only used communism to reunite the very divided country. Americans do not need to fear China, and try to understand that it thinks very differently. 17. China allowed the USA to borrow $43 Trillion to restart the US economy in 1933. In 1978 - the 75 year loan came due. Congress wanted to ignore it. President Bush, Sr. gave NWO speeches. He was arrogant, and believed that the Chinese Dynasty had all died; therefore, he did not have to pay back the debt. During the Clinton administration, the Chinese presented the heir to that Dynasty, and the money was due. 18. The Gold located in the bottom of the Twin Trade Towers was quietly removed at 11:00 pm at night by 4 garbage trucks, and taken to the Russian vessels 50 miles North of the Hudson River. It was off-loaded onto 2 airplanes and then taken to the Mahauve Air Field. Once all of the gold was removed, the towers were imploded - September 11, 2001. PURPOSE OF 911 WAS TO HIDE THE THEFT OF $43 TRILLION IN GOLD. 19. The "HOMERUN" software was developed to take control over 757 and 767 airplanes from the ground, in case of problems in the cockpit. There were only 3 planes in the 911 event. The Pentagon was hit by a smaller craft. 20. The purpose of Basel I and II is to stop un-backed currency and produce International regulations for accounts. 21. All debts are in the process of being "PAID in FULL". via the Global Settlements. Berneke recently said that CDOs are worthless. He was telling us that "all debts are gone." 22. Mortgages that do not have a Promissory Note are technically and legally gone, according to recent Court decisions. 23. The MER is trying to play a game with old property. (listen to the video) 24. It is predicted that the IRS is not going to be around much longer. Federal Reserve is definitely going away. 25. When American people learn about the atrocities created by their own government, they will be as horrified as the little German towns that were within 1 kilometer of the concentration camps, but did not know what was happening. There will be people prosecuted for US War Crimes in the near future. 26. There are very, very wealthy powerful Chinese families who are working behind the scenes on these coming changes. They choose to have no losers. They want "Two winners" and long term stability. Communism was a tool, just like Socialism, Democracy, and other political choices. They are not absolutists. 27. The USA recently parted 2 nuclear carriers within the 200 mile Exclusive Economic Zone of China. The USA was told to move them. The USA refused. An undetected Chinese submarine exploded an IMP weapon behind the Reagan aircraft carrier, which accidentally fried all of the electrical equipment in the Princess Cruise ship. The message sent to the USA was that the Chinese are capable of blowing up the two carriers, and offered the USA the opportunity to comply. This occurred 35 miles South of San Diego. 28. The speaker said to be prudent and take your time with decisions. Let things settle and understand them before making a move. "A huge Operation has gone on right before your eyes, and Americans did not see it. Change in a way never seen before. The charade is being disrobed." END NOTES
  5. It has been reported that the Al-Iraqiyah List has completed the draft law for the position of the National Council for Strategic Policies (NCSP) and will be submitting the draft copy to the Iraqi Parliament. This is a step in the right direction however, the NCSP position must first become a law then a committee must be formed before the Iraqi Parliament will be allowed to vote on it. The draft copy has some interesting text. The jurisdiction of the NCSP will include setting foreign policies; security strategies and reorganization of the Armed Forces; as well as economic, financial, investment, energy, environment, health, and service strategies. The report adds that the NCSP will have a say in the strategic agreements, the right to revise legislated laws, and a duty to maintain the separation of authorities, adding that it will assess the judicial system, ensure its neutrality, work on reforming it, and legislate the Federal Supreme Court draft law. The draft law copy states they have the right to form committees according to its by laws. The positions in the NCSP will consist of the Chairman, the three presidencies, the ministers, the MP’s, the Kurdistan Region president and bloc leaders. The NCSP will have jurisdiction, privileges, and the status equivalent of Prime Minister. In addition, the NCSP will have the right to summon any high ranking official to attend any Parliament Session. The local Baghdad news media has reported that the Kurdistan Bloc Alliance (KBA) has said that it will file a no confidence vote against the government and parliament if the Kurdish demands listed in the Kurdish documents are not met. There is much talk and speculation floating around that the Iraqi government will be formed in December and unfortunately, that is not the case. They still have until the end of January to have this mission completed.
  6. The United Nations Security Council (UNSC) ended their meeting regarding Iraq. The UNSC received from official channels that the government of Iraq will be extending the Development Fund of Iraq for another year. This is a topic that I have been mentioning on and off for the past six months. The current Iraqi banking industry, both private and state (banks) are too weak to accept the DFI funds. The Ministry of Finance has said in local reports in reference to the DFI account that Iraq is just not ready or willing to accept the risks. At Thursday's (nearly cancelled) Iraq Parliament meeting the Al-Iraqiyah List came to the conclusion that any agreement with the State of Law Coalition (SLC) is not worth the paper it is written on. At the meeting, the agreement that was made was that after the Parliament Speaker and his two deputies were voted in, a motion would be brought up to the Parliament members on the removal of Bath party association laws. Instead, Prime Minister, Maliki’s Political Bloc went ahead and began the voting for the position of President. There was some backlash in regards to the PM’s bloc going forth with this voting which caused the Al-Iraqiyah List members and the newly elected Parliament Speaker to walk out of the Parliament building. The Al-Iraqiyah List leader, Iyad Allawi was then contacted directly by the President of the United States regarding walking out. Very uncomfortable situation it was. Iyad Allawi was convinced to join the Parliament session and accept the new position of National Council for Strategic Policies. This position will include executive powers and will have 20 members. Among them will be Nuri Al-Maliki. The responsibilities of the new position will include national security, foreign policy, and whatever affects the country's future and its decisions. The council members have been appointed to oversee the PM Maliki while he conducts his government duties. However, the SLC has stated that this is not true in regards to the over watching of PM Maliki. This could be a hint of upcoming trouble between the Al-Iraqiyah List and the State of Law Coalition. Allawi will have the authority to appoint over 100 advisers and will have plenty of personal protection while he conducts his duties. Please note that Allawi has not officially accepted anything and has just recently stated he would not return to the political process unless certain guarantee's were made. Allawi said that the Barzani initiative has been buried by the SLC political bloc. We believe that Allawi will change his position and participate in the new government. Another thing worth mentioning is that the President-elect Jalal Talabani did not officially assign the National Alliance candidate Nuri Al-Maliki to assume the post of Prime Minister. Talabani just vowed to assign him to do so. The official assignation should be done by official letter sent by the president of the republic to the one who will be assigned the task to form the government. When this is completed the Prime Minister will have one month to form his government. You should expect the official assignation to happen after the Id Al-Adha holiday. It is important to note that, the official 30 day countdown does not start till President Talabani sends the official letter.The Central Bank of Iraq (CBI) has made a decision to not re-denominate the Iraqi dinar this year as some articles have published. My associates have confirmed this through contacts within the banking industry and contacts within the Central Bank. I stand firm on this. No re-denomination in the year 2010.
  7. Unfortunately, I have to report that the Erbil meeting was not what I or many of the other’s expected. It turned out to be more of a formality for the four political groups. Pretty disappointing. The leaders pretty much came and gave a short speech and left. The main leaders of the political parties all arrived and were there to discuss the position of Parliament Speaker, accountability, Justice law and other issues. There are five names for the Parliament Speaker position and the names are being held very close. The meeting only lasted a few hours but Kurdish leader, Barzani called it a success. I guess that’s how he saw it. Either that or he wants it to be portrayed that way. Saw the local media there, they were all aware of what had been going on but for some reason, chose not to report it till much later. The Parliament meeting is scheduled for Thursday, 11 November. The meeting is for the Iraqi Parliament to convene and vote for the different positions ie. Parliament Speaker, President, and Prime Minister. In light of what has occurred at the Tuesday Baghdad meeting, the Parliament meeting on Thursday has said to have been canceled. I have yet to confirm this with my associates but I can almost guarantee that it is canceled until around 16-20 November. I have confirmed that the Central Bank of Iraq (CBI) will not be deleting the zero’s off the Iraqi dinar by the end of 2010. The reasons being that the situation in Iraq does not have the best conditions to accomplish this at this time. I’m not feeling very confident that the CBI will be completing this project which they initiated back in 2007, with hopes to be completed sometime in 2011. Tonight, I got a tip-off that there will be unannounced VIP’s coming to Baghdad in hopes of solving the government crisis. Let’s all keep our fingers crossed on this one because they sure could use it. Lastly, I have translated an Arabic video that I acquired on the deletion of the zero’s today. I will be sending a copy of the transcript out exclusively to my website/email subscribers only. As always, thanks for reading. More to follow.
  8. So in other words...the RV won't happen til about a year or so from now, right?
  9. Does this mean that they are getting rid of the new Iraqi Dinar we hold?
  10. The another site would like to inform you that an Iraqi Central Bank official just revealed the details of the new Iraqi currency in Baghdad. I will post more details later. You heard it first from the another site about the new Iraqi currency to be issued.
  11. another site 4 August 2010 The meeting with the United Nations Security Council (UNSC) is not about the lifting of the Chapter VII sanctions from Iraq. The UNSC meeting is about recommending to speed up the forming of the government. The UN Sanctions will remain for the foreseeable future in 2010. One thing no one has mentioned is the smuggling of oil between Kurdistan and Iran which has been going on for many years. PM Nuri Maliki has stated "that any Iraqi violations of the international sanctions against Iran could further defame Iraq's image in the U.N. Security Council and delay the country's release from Chapter VII." The continued delaying in forming of the Iraqi government has more implications such as the Financial Monitoring Board will negatively effect the Transfer of the Iraq Development Fund to the Iraq government following the completion of the U.N. guardianship at the end of 2010. The President of Iraq could dissolve the Parliament and call for new elections after 75 days from the first session if no deal is reached. The currency of choice is still the US Dollar in shops in Baghdad and any where else in Iraq. There is no shops saying they will not take US Dollars because it is still king. Al-Maliki made some very bold statements to the US saying “I will turn ISCI into a civil organization and fill the Iraqi prisons with Sadr movement members. Al-Maliki said this to a US negotiator a member of the National Security Council. Al-Maliki also offered to give up the security file to Dr. Ayad Allawi, as well as the MOD, MOI, and the Intelligence to the Iraqyia list in exchange for Allawi’s support for his nomination as the next PM. The US enthusiastically supported Al-Maliki and pressured the Iraqiya list to accept Al-Maliki offer, however, the Iraqyia list rejected the offer and insisted on their position of no Al-Maliki for a second term. After this information was leaked to the INA, Al-Maliki tried to cover it up by calling Ahmed Chalabi to meet with him. Al-Maliki told Chalabi that the information was not accurate. Chalabi left the meeting unconvinced especially after the Iraqyia list revealed the list temptations presented by Al-Maliki through his negotiation delegation. The Iraq and Kuwait negations continue and it is progressing as the Iraqi government just turned over 13 oilfields, 150 houses and part of a base in Um-Qasr port to the Kuwaiti government. Both countries will also share in the oil proceeds of a borderline oilfield. This is all UN Approved actions. The UN has no power over the Iraqi government in regards to forming the new government. The meeting today only discussed Iraq's commitment to international resolutions. There will be no RV in the month of August 2010. UN Chapter VII will continue as I predicted for at least the remainder of the year and longer. More to follow as always...another site
  12. What I found interesting is that Ali mentioned that there is no time limit to cash-in your large note dinars once it RVs. If the initial RV is low, you can cash-in some of it if you wish and sit on the rest of the dinar for a year or two until the next RV occurs.
  13. Peter

    Question....

    Ok thanks. Wasn't aware of it.
  14. I tried to contribute to this forum by posting something that I though would be useful info for all on this forum. Yesturday I posted PT.1 and PT.2 of a chat with Ali of Dinar Trade but both threads were deleted. Why??? Is he being hated on or something that I am not aware of that it was purposely deleted? Sounds very shady to me. Was just trying to share some info with you guys, thats all.
  15. 7:43 PM [WIGO] how will we be able to get our money FROM Iraq to the US? What system do you have in place for that? Debit card? Is there a max withdrawl limit per month? 7:44 PM [DinarTrade] there is no limits in withdrawl or deposits 7:44 PM [Neno] Ready? 7:44 PM [DinarTrade] we can wire dollars form Iraq trough zurich to the US 7:44 PM [DinarTrade] ye s 7:44 PM [JoeReeves] Will you offer debit cards on dollar accounts? 7:45 PM [DinarTrade] debit cards are only offer for wihth in Iraq use not for dollar accounts at this time 7:45 PM [Jerry] when do you anticipate lower denominations will be avaialbe? have you seen them and what are they? 7:46 PM [DinarTrade] we have only seen the 50 dinar notes as the lowest. 7:46 PM [shedco] Do you have a bank in the US? 7:47 PM [DinarTrade] no we do not have a bank here in the us only Dinar trade as a currency exchange 7:47 PM [Jewel] Ali will we have to pay capital gains if we exchange IQD for euros, pounds etc OR gold?? Thnx 7:47 PM [DinarTrade] tax only if it goes into US $ 7:47 PM [DinarTrade] everything else is jsut a plain exchange 7:47 PM [WIGO] What mechanism do you have to for us to withdraw our money? Debit cards? 7:47 PM [DinarTrade] by wire transfer 7:48 PM [Tasty Coyote] question will we be able to open an account at Ali's Bank where we cash in? 7:48 PM [Tasty Coyote] question will we be able to open an account at Ali's Bank where we cash in? 7:48 PM [DinarTrade] we will be able to open the accounts here for you at the time of cashin 7:48 PM [starsister] If I would go to Iraqi could I withdraw currency from a Bank of yours within the country? 7:49 PM [DinarTrade] you can withdraw any amoutn in the bank in Iraq in person 7:49 PM [fish,ky] Will we be chatting again before the RV? 7:49 PM [Neno] LOL 7:50 PM [Cat561] LOL 7:50 PM [poor] Time frame for physical cash in transaction? 7:50 PM [DinarTrade] ? 7:50 PM [Neno] Next? 7:50 PM [Neno] You ready for next question? 7:50 PM [DinarTrade] yes 7:50 PM [123uandme] What is the purity of the bullion bars, 99.99%? 7:51 PM [DinarTrade] 99.9999 7:51 PM [miami diva] I have a friend who is a doctor in Nicaragua, he has dinars from your office, can we wire the money to his account or have to be to an account in our name only? 7:51 PM [DinarTrade] account in oyur name 7:51 PM [Outlawdave] Are you offering any other currency or precious metals at cash in time? 7:52 PM [DinarTrade] we will offer GOld Pounds euros 7:52 PM [pbraly] At time of cash in , will we receive a wire transfer and if so when will the actual funds be availible to us? 7:52 PM [DinarTrade] the wire is availible right away 7:52 PM [dizzydee] At time of cash-in can we have say 2 wire transfers or only one from you? 7:53 PM [DinarTrade] we can only wire to one account per customer 7:53 PM [DEMEADOWS] Will we be able to purchase other curencies in Ohio? 7:54 PM [DinarTrade] only our TN and CA office will offer other currencies 7:54 PM [JoeReeves] Will you offer the 5oz gold bars? 7:54 PM [DinarTrade] we will have 1 oz to 100 7:54 PM [Jewel] Ali I have family out of the US and will be cashin in for them...is there a limit how many people can one person cashin for...thnx?? 7:55 PM [DinarTrade] 30 people 7:55 PM [dinar4me] Do you need to know the amount and type of gold before exchange time? 7:55 PM [DinarTrade] we will need to know at the time of appointment 7:55 PM [burntToast] can the cash-in of dinar to dollars, and deposit of dinars into UIB be done with one appointment? Or will the two transactions requiret two appointments? 7:56 PM [DinarTrade] all in one appointment 7:56 PM [snowstorm] If we were to buy gold how would we sell it back when we wanted to? 7:56 PM [DinarTrade] any gold dealer will buy it 7:56 PM [DPSRMAG] If both myself and my children own dinars bought from you, can only one person come (representing the group) and cash for all if we bring their 104 forms? 7:56 PM [DinarTrade] that is no problem 7:56 PM [bluejay] How long do you think the satellite offices will remain open after RV? 7:57 PM [DinarTrade] for 1 year atleast 7:57 PM [Neno] One year. Oh Man... 7:57 PM [Hecht] Do we need proof of purchase for our dinar we are cashing in? 7:57 PM [DinarTrade] we only need the dinars at cashin 7:57 PM [Onecinful1] do you plan on opening an office in the chicagoland area???? 7:57 PM [DinarTrade] no 7:57 PM [cachiliki] you will have a branch in Florida>>> or in Puerto Rico??? 7:58 PM [DinarTrade] spring hill FL none in PR 7:58 PM [chang] moderators please.... do i need a receipt or a proof of purchased of my dinars for the exchange? 7:58 PM [DinarTrade] you dont need a proof of purchse as it is a currency you are exchaning 7:58 PM [Neno] That was the last question I have Ali, want to call it a night or see if any other spark Up? 7:59 PM [Cat561] I still have ?'s On screen 7:59 PM [Neno] One more just came 7:59 PM [tshed] .I heard there will be a location in Texas. Is that true? 7:59 PM [Neno] 7:59 PM [gina1exp] when is the texas location opening? 8:00 PM [DinarTrade] yes in waxahachie 8:00 PM [dinar4me] DC? 8:00 PM [Neno] When you are ready let me know 8:00 PM [DinarTrade] kindly look on the forum all the location are ther e 8:00 PM [invictadinar] do we know when the supreme court will announce a winner? 8:01 PM [Hkp1] Thank you Ali for your time 8:02 PM [Neno] Ok two more questions and we will call this session a success 8:02 PM [WIGO] A while ago, I read you felt the HCL had to happen before an RV would be announced. Do you still feel that way? Or, do you only feel the PM and Parliament need to be seated and ratified by Supreme Court of Iraq for RV? 8:03 PM [DinarTrade] once the PM and the parliment is settle we will see results happening
  16. Ali's Chat April 8th, 2010 (Dinar Trade) 7:06 PM [Neno] question 7:07 PM [poor] Will a gold exchange be available in locations other than Cali? 7:07 PM [DinarTrade] We can only exchange gold in our Santa monica Lication 7:07 PM [DinarTrade] Location 7:08 PM [Neno] Ok send the question in chat 7:08 PM [kokotel] How strong is the security in Santa Monica? 7:08 PM [kush] How can u invest into the Alis bank 7:08 PM [DinarTrade] We are in the most secure building in West Los angeles on the 9th floor 7:09 PM [poor] What denoms will be available?...1 oz. 10oz., etc. 7:09 PM [DinarTrade] you need to key cards to get yto us. 7:09 PM [DinarTrade] we will have form 1 oz to 100oz bullion bars 7:09 PM [starsister] What are the weight amount of gold you can purhase? 7:10 PM [csd.9013] If I purchase dinars on reserve and the dinars rv, what happens to the dinars that I have on reserve? 7:11 PM [DinarTrade] Once the RV occurs we will be buying at the market or the CBI buy rate wich ever one is higher 7:11 PM [wcjackson0418] when will we be able to see the new nomination? 7:11 PM [kokotel] Is gold from a mint like Sunshine, for example? 7:12 PM [DinarTrade] we will have gold from credit suisse bars 7:12 PM [drbobnichols] At cash-in can you wire to our accounts in other countries? other currencies? 7:12 PM [DinarTrade] and the sunshine mint 7:14 PM [spike 8] Do you know how the dinars with be taxed upon cashing in (capital gain, income tax, etc.)? 7:14 PM [DinarTrade] Once our bank is approved by the minisitry of finance in Iraq we will be able to take dinar deposits here in the states and place it in saving accounts in Iraq in dinars 7:15 PM [starsister] Will the bank we have chosen to have DT wire to put holds on our accts? 7:15 PM [Cat561] 9:15 PM [Jac] How do you feel about using self directed I R A s? 7:16 PM [DinarTrade] once the wire is sent form our account it will not be on hold by oyour bank 7:17 PM [poor] Will therre be security we can hire there or must we bring with us? 7:17 PM [DinarTrade] we have used ENTRUST group for IRA accounts 3108993811 ask for Munzer 7:17 PM [DinarTrade] they can help with the IRA purchase of Dinars 7:17 PM [kizer8] What kind of spread will you be offering after it RVs? 7:18 PM [DinarTrade] We will have plenty of security at all our locations 7:18 PM [Neno] Everyone you are logged in. Have patience as Ali doesn't type quick 7:18 PM [DinarTrade] We will be offering the buy rate of the CBI 7:18 PM [miami diva] what happens if the deposit is sent from puerto rico, lets say 9am (6 am in california)and the dinars rv at that day and the money is on the way before. the order will be honored? 7:19 PM [DinarTrade] all orders are locked in once the order is placed 7:19 PM [Tasty Coyote] question: will you take taxes off the amount cashed it for Canadians and will you do direct money transfers to Canadian Banks? 7:19 PM [DinarTrade] we dont take any taxes out 7:19 PM [Heavyjetpfe] If we deposit our Dinar into United Bank, After the RV will we be able to withdraw in U S Dollars? 7:20 PM [DinarTrade] we will have to transfer the dinar to dollar and then make the transfer 7:20 PM [starsister] Can we have dinars transfered to a UK acct. from a 'Ali" Bank acct, at some point? 7:21 PM [dinarsareus] drbobnichols why would wire anywhere but to my bank 7:21 PM [kush] can the gold be shipped to any location u want 7:21 PM [DinarTrade] we can not transfer dinars out side of Iraq by wire 7:22 PM [Rparadise] Ali - What in your estimation is the desire for RV by the major political players in Iraq? 7:23 PM [DinarTrade] we will have the gold in our office in santa monica or at the gold depository NY 7:24 PM [DinarTrade] We can pridect the RV as we are market makers here in the states 7:24 PM [del mar] Can we purchase one million dinars or does it have to be 10 millions, If we purchase dinars on reserve? 7:24 PM [DinarTrade] our min is 1m on dinars on reserve 7:24 PM [countryboy] Does your 10% program have any relevence to the timing of the RV? 7:24 PM [123uandme] Will you be offering Platinum or Silver? Or just Gold? 7:24 PM [DinarTrade] if you go to www.dinartrade.com on the left side of the page click on dinars on reserve 7:25 PM [DinarTrade] only gold 7:25 PM [poor] What reporting will take place at the time of cash in....i.e. hold on account transfers? 7:26 PM [DinarTrade] we are only doing the 10% program because so many customers were asking us to hold the dinars till they can get the funds form ther stock accounts or cds that is why we introduce it 7:26 PM [chang] is your bank insured? 7:27 PM [DinarTrade] we will only send the fincen 104 that is all we are required to do. 7:27 PM [DinarTrade] banks in Iraq do not have fdic insurance the only insurance is GOD 7:27 PM [greenberet7] Ali..If I put money into your bank at cash-in, How do I get money back out? 7:28 PM [DinarTrade] we can wire the money in dollars to any account in the world 7:28 PM [JoeReeves] Will you offer dinar accounts and dollar accounts with a set up like Warka has? 7:29 PM [DinarTrade] we will be offering dinar and dollar accounts 7:29 PM [jackiefbh] Do you feel the RV is soon? 7:29 PM [DinarTrade] I reallly wish i knew 7:29 PM [wildblue] At 9:24 Dinar Trade wrote( We can pridect?? the RV) - can you clarify that word - is it protect or predict? 7:29 PM [DPSRMAG] "We will be offering the buy rate of the CBI" does this mean there is no spread, just the $150.00/M IQD? 7:29 PM [DinarTrade] we reallly dont know when the RV will occur 7:30 PM [DinarTrade] we will be offering the buy rate of the CBI we only make the $150 fee 7:30 PM [JoeReeves] Will you pay interest on account balances? If so, what rate of interest can we anticipate? 7:30 PM [DinarTrade] the interest rate is aroung 4.8% right now 7:31 PM [Carol D] when do you expect that to happen to have approval from iraq? 7:31 PM [DinarTrade] that is for 3 month CD 7:31 PM [DinarTrade] if one year 6 % 7:31 PM [starsister] What is the interest paid on savings accts and CD, are these higher than most? 7:32 PM [mospens] will there be more then one location for the united bank 7:32 PM [DinarTrade] we will only have branches in Iraq but we will be able to take deposit here in dinars 7:32 PM [turtletrot] Is it possible that D. Trade will run out of dinar now that the reserve program is in place or does it affect availability? 7:34 PM [DStars] Ali, will your bank be able to accept wire transfers of IQD from a Warka account? Thank you. 7:34 PM [DinarTrade] We are putting up the payment to buy the dinars we have the finance by mideast bank in Dubai 7:34 PM [DinarTrade] i dont think we will run out 7:35 PM [DinarTrade] they have allowed us to purchase upto 100 billion dinars 7:35 PM [Neno] couple questions got by me. Are you caught up Ali? 7:35 PM [DinarTrade] we will be able to tkae wire od IQD within Iraq. 7:36 PM [DinarTrade] ye s 7:36 PM [Neno] Ok next question 7:36 PM [wcjackson0418] I bopught my dinars from Regions bank... why have they stoped selling it? 7:36 PM [DinarTrade] they were have supply issues form B of A zurich 7:37 PM [Neno] Ready? 7:37 PM [DinarTrade] ye s 7:37 PM [spike 8] Will US citizens be required to cash in all dinars, regardless of denomination size, within a certain time period? 7:37 PM [DinarTrade] there is no rule that US citizens have to cash in all their dinars 7:37 PM [miami diva] Ali, did you know how much more time does the finance minister will take to approve your bank? 7:38 PM [DinarTrade] hopefully by mid april it was delayed because of the elections that is what we were told 7:38 PM [Jac] Actually I was asking about depositing Dinar before the RV in a self directed IRA. Do you have someone who does this? 7:39 PM [DinarTrade] ENtrust Group 310 899 3811 7:39 PM [DinarTrade] they can help with IRA 7:39 PM [wayne] do I need to set up an account with you now or wait till cash in ? 7:39 PM [DinarTrade] wait till cashin 7:39 PM [john1025] if a redenomination occurs how soon will you have the smaller notes to exchange? 7:40 PM [DinarTrade] with in 3 days but I have spoken to 5 differnts banks in Iraq redenom will Not happen 7:40 PM [MakeYourDay] Is there a United Bank in the USA 7:40 PM [DinarTrade] only in Ira q 7:40 PM [sBX] Will we be able to invest in the ISX via your bank once its up....I am not happy with my Warka account and the communication or lack of with them. 7:41 PM [DinarTrade] you will be able to invest in ISX and also in a realestate fund we will offer 7:41 PM [MamaEhrhardt] Ali - will there will be a time frame for large notes to exchange 7:42 PM [DinarTrade] all notes are the same there will be no time line on large or small notes 7:42 PM [ezhang77] With regard to fincen 104: Do you only report the amounts cashed to USD and NOT the amount of dinars deposited in your bank until they are converted to USD at a later time? 7:42 PM [DinarTrade] only the amount cashed in USD 7:42 PM [turtletrot] Will the reserve program be offered for a limited time or until RV? 7:43 PM [DinarTrade] that will de pend if our limit is 100 billion per month 7:43 PM [123uandme] If depositing in your Iraq bank, are there limitations on withdrawal amounts (daily/weekly/monthy)? 7:43 PM [DinarTrade] we can only offer upto 100 B per month IQD
  17. Where's the news link to confirm this statement????
  18. Hey Adam...quick question, after the RV happens, I've heard that they will phase out the large 25K dinar bills. Rumor has it 60-90 days after the RV. My question is, if I hold 10 million dinar in 25K notes and after RV I only cash in 5 million dinar leaving the rest for future dinar rate increases, do I have to cash in the remaining 5 million dinar because they are in 25K bills which will no longer exist by the time I decide to cash out a few years down the road? Will I be forced to cash in the remaining 5 million dinar in 25K bills or will I be able to exchange them for smaller 5 or 10 notes? They will be worthless after the mandatory turn in date expires/ Thats why he suggests to open a warka acct.. Danimal
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