Doc31

Iraq News State of Law coalition keen on Premiership Saturday, May 22, 2010 10:44 GMT Iraqi Prime Minister Nuri Al Maliki affirmed following the meeting in Al Salam Palace on Thursday that the State of Law Coalition is keen on Premiership. The upcoming Premiership will remain within the alliance between State of Law Coalition and Iraqi National Alliance headed by Sayyed Ammar Al Hakim, Al Maliki said. He reiterated however that Premiership will remain with the State of Law Coalition. http://www.alsumaria.tv/en/Iraq-News/1-49489-State-of-Law-coalition-keen-on-Premiership.html

Iraq News Kurdish Party blames Iraq President Talabani Saturday, May 22, 2010 10:55 GMT Opposition Change Party in Kurdistan clarified that Iraqi President’s abstention from inviting the party to the political powers meeting on Thursday is due to rows between the Patriotic Union of Kurdistan (PUK) and the Change Party. This stand will lead to a rift among Kurds, the party said. PUK political office member Saadi Ahmad denied political motivations for not inviting Kurdish political parties to the meeting, saying that the meeting was addressed to Arab political entities only. http://www.alsumaria.tv/en/Iraq-News/1-49490-Kurdish-Party-blames-Iraq-President-Talabani.html

Biden will be in Iraq in suitable time – US ambassador May 22, 2010 - 09:17:23 BAGHDAD / Aswat al-Iraq: Vice President Joe Biden will be visiting Iraq in a suitable time, said the U.S. ambassador in Baghdad. “Biden had no plan to visit Iraq last week,” the U.S. Ambassador Christopher Hill told Aswat al-Iraq news agency. He pointed out that the visit will be announced to the media when it occurs. “Within U.S. administration, Biden is responsible for and concerned with the issue of Iraq,” Hill noted. He stressed that his country understands Iraq has border with Iran, yet it does not compromise U.S. policy in Iraq to achieve a solution associated with the Iranian nuclear program. http://en.aswataliraq.info/?p=132037

Hi there! Something's wrong with the link. This article doesn't come up. Can you help? Thanks Doc31

Until the Iraqis establish a stable/revalued currency they don't get their country back basically ... it's easy to understand that they want to be in charge of their own destiny rather than someone else. Regarding us buying IQD ... remember we buy millions ... Uncle "Sugar Daddy" Sam ... gives them $120 Billion per MONTH ... our buying doesn't have anything to do with why they are dragging this out ... the $120Billion does. try reading by Doc31 and then this by LGraham even if you don't agree I think you'll have a better feel for why they really do want to RI/RV ... just milk Uncle a little longer is all ... maybe $1/2 TRILLION in FRBNY in the DFI fund Peace

I'm not taking that pole! I will participate in a poll though ... we have a small group that has managed to purchase at least weekly for about 7 or 8 months. I don't buy on rumor but some in the group still do ... still others are newer to the group and have never seen a pumped up situation before ... others don't currently have enough IQD and try to get a bunch more on a rumor on the outside chance that it will RI/RV ... me I still buy some every week ... sometimes a little ... sometimes a lot ... after we pay our bills and such then I decide. Gradually we have accumulated quite a bit. Here are my thoughts ... we (the group) are ordering every week anyway ... if I only buy $50 worth and it RV's anywhere near a buck (like it should ... or better) I made nearly a year's salary in a week for "chump change"! Eight months times four weeks times times $50 is what? $1600 or 1.6M IQD ... even if it hits $.10 I made $160K on my $1600 investment ... Please ... I ask you, where are you going to do better than that? And please don't bash me about all the things that "could" happen ... I studied before I bought and I keep up ... yep, it's a risk ... it's just that in the last year and a half the risk has flipped from a negative to a positive ... meaning in our favor . I'm good, thanks I guess with regard to the poll ... I started out as a hare and once I got way ahead I went into turtle mode ... consistent progress ... I didn't see a box to check for that! LOL Peace Doc

Nice post ... thanks

LOL I've got God children and Grandchildren ... I get out just fine ... but thankyou Thanks, but I disagree ... if only one person rests easier, doesn't get scammed, or personally benefits from the time I spent compiling that info ... it was worth it! Actually, I enjoyed the chase! But thanks for watching my intensity level ... LOL Peace Zantac Doc31

Thanks for the nice comments and your welcome. Regarding banks ... I'm guessing that we've all heard stories about how certain banks that you might want to take your IQD to post RI/RV will count it, give you a receipt, and ship it off to (only) God knows where and notify you within 10-14 days whether it is good or not and what your bank balance is. 1) first and foremost ... no one is separating me from my IQD without a bank balance verified in my account 2) they are shipping it off because they don't have the proper equipment "in house" to "authenticate" (my hasn't that word taken on new meaning) the IQD and so they must outsource the process ... probably done at a larger/more centralized location (that's why they call them branches) 3) the company that printed the currency is De La Rue ... many banks will own at least a few DLR machines because don't forget that De La Rue is a UK company that prints many currencies throughout the world and banks may have them for use with these other currencies including: Central Bank of Bahrain Central Bank of Barbados Central Bank of Belize Bank of England Reserve Bank of Fiji Banco de Guatemala Banco Central de Honduras Central Bank of Iraq Isle of Man Government Bank of Mauritius Bank of Jamaica Central Bank of Kenya Central Bank of Kuwait National Bank of the Republic of Macedonia Bank of Scotland The Royal Bank of Scotland Monetary Authority of Singapore Central Bank of Sri Lanka Bank of Tanzania 4) my question is what choice do banks have but to use the De La Rue machines to "authenticate"? You can buy more expensive (and less) but you are saddled with but one lowly technology. If included in tandem with the MTD (metal thread) technology as indicated in the post it could be terrific. I'm merely pointing out a weak link. I will share with you what one of the guys in my group emailed me ... he told me that he has scrutinized his IQD so much with the process that we use that "if they are fakes, they are such good ones that they will pass!" LOL PEACE Doc31

The Infamous De La Rue Machine Stop Relying on Your Certificate and/or a De La Rue Machine Scan for Authenticity of Your IQD Most holders of IQD know that they are printed by the De La Rue Corporation of Viables, Basingstoke, Hampshire, England with some of the most sophisticated equipment in the world while utilizing some of the most difficult to counterfeit features imaginable. It only makes sense that they would also produce a cash counting machine with verification/authentication features. We’ve all heard about how the De La Rue Machine, specifically the Brandt 8625, which is used to authenticate IQD by most vendors ... and when IQD are run through them you get a certificate telling you that your IQD is the real deal! When I started buying I didn’t get a certificate … nor did I fret since I was purchasing IQD from the largest purveyor of IQD in America at the time and because I understood that the certificate proffered is only as good as the people who write it and will be good only as long as they are in business (when they close their doors and you haven’t verified your IQD; if they are indeed counterfeit, you are stuck … no one to take to court and only yourself to blame).My plan was to learn the security features of the IQD which seemed more prudent than a certificate … and become as expert as possible rather than rely on someone else. We have a small group in SW Florida that helps folks purchase IQD by sharing banking fees and FedEx expenses. As our little group grew I taught all that bought IQD; insisting that they count the number of bills that they received to verify that they had indeed received what was due them and then one by one go through the steps of authenticating an Iraqi Dinar. After a few tries, most could carry on a conversation while going through the steps taking anywhere from 1.5 – 3 seconds per bill. Several weeks ago a friend who had purchased for himself and his friends called. He was worried because two bills appeared to have the same serial number. I told him that I was sure that with careful scrutiny that he would see a slight difference in the Arabic numbers but that if he would bring them over I would replace them with other notes. He agreed and arrived within minutes. I examined the notes and with my 55 year old eyes they did look very similar … I told him that non-familiar scripts often appear the same. I used a 10X diamond loupe and the differences were obvious immediately. I handed him the loupe and he instantly concurred. Regardless, I handed him two different notes to give his friend and explained that they were obviously sequential … at least within 9 digits of each other (still not knowing their numbering system). We later discovered that they were indeed sequential … the Eastern Arabic numbers for 2 and 3. He was grateful that I knew what it was and that I handled it quickly and succinctly. For me … I merely swapped two good bills for two other good bills. No big deal. This past weekend, this same friend called me and asked what I thought about buying a De La Rue machine. “That way, everyone could run their’s through the machine and have increased confidence in their purchase/investment/currency exchange/whatever.” I really didn’t see the need for one … however, I did understand that he or his friend were still a bit unnerved about the sequential bills ... in fact the only reason that I could see to buy one would be to help me accurately count bills for buyers and I told him that I had heard that they were very expensive. He told me that he had located some used units (the same ones used by all of the IQD vendors) and their price was not all that bad if I could find a couple of guys to go in with us. He sent me a link and I spent the weekend looking into it. What I found was eye opening to say the least! Briefly, I discovered that there are various types of counterfeit detection systems, including multi-currencies: * UV (Ultraviolet) * IR (Infra-Red) * EMG (Enhanced Magnetics) * MTD (Metal Thread) * PPD (Paper Properties Detection) for US$ * SMDS (Superior Magnetic Detection System) or €III detector and more. Mostly I discovered that these were for authentication of the most highly counterfeited currency on the planet, the USD. They don’t apply to IQD or hardly any other currency that you might be familiar with. To see exactly what was going on when a De La Rue 8625 processed bills, I called De La Rue (now Talaris) and asked for the most experienced rep that they had regarding all of their models and authentication. I had to wait for a call back from a different time zone but the wait was worth it because this guy knew all of the products new and old. When I quizzed him about IQD he told me that the only feature that it has that was identifiable by a currency counter is UV. (This is actually borne out in the video above, about 16 seconds into the clip, as he explains, “that the Saddam Dinar has a different UV signature than the New Iraqi Dinar”.) I told him that the UV feature is possibly the least impressive feature on the IQD (which is rated as the 4th most difficult to counterfeit) and that any concert/bar/dance hall patron had experienced a version of it when their hand/etc. was stamped with an ultraviolet ink via a rubber stamp which was only visible under a wood’s lamp/UV light/black light. Most people think it’s great because it seems like it “magically” appears from nowhere … when in reality using a rubber stamp of the same size and shape and applied to the correct location on a bill with ink of the approximate wave length is “child’s play”. When I asked him if doing the aforementioned on a piece of white paper cut to the same size as an IQD and placed in a stack of IQD, would be rejected as a counterfeit or whether it would pass as authentic he responded, “it’s possible” that it would be authenticated. I asked about other models at any price and I was told that when a machine had other detection systems that they had to be turned off! The only exception to this were two European systems with patent right infringement problems in America and costing about $45,000 (named N-Tegra and N-Vision) and designed for tellers for a buy/sell currency situation where the currencies were identified by authenticating software and stored in the systems vault (in and out) rather than involving the main vault. My guy didn’t know whether the authentication software even existed for IQD! Bottom line … IQD authentication is by the easiest to fake security feature …the postage stamp size UV feature on the back of the IQD! Not the raised ink. Not the water mark. Not the foil strip. Not the color changing ink. Not the metallic ink at the dove nor the backside of the foil strip. Not the paper. Not the webbing. Not positional placement of objects in relation to other objects on the bills. And certainly not a combination of any of these security features! To counterfeit the IQD you would not only have to be a master forger but a master paper maker. These two skills are not one in the same but are two separate skill sets. The fourth most difficult to counterfeit! Yet the currency counter authentication feature is not MTD (metal thread) AND UV … Nor is it just MTD ... it is just UV … UNBELIEVABLE!!! For the record, the serial numbers are written in Eastern Arabic. The numeral conversions can be discovered here: http://www.dinarprofits.com/iraqi_dinar_information/security_features/ My friend and I have since decided that we don’t need a De La Rue machine to authenticate anything! Counting machines can be purchased at Sam’s Club for less than a used De La Rue machine. I believe that the “intel” from various sites regarding banks requiring a De La Rue machine to "actually authenticate" IQD for RI/RV is at the least suspect … they may use it for convenience sake but a $5 hand held black light will do the same thing. Yes, I understand that processing hundreds of thousands of bills will preclude them from doing this ... that is why I said "actually authenticate" ... and they do need something to speed up the process or they would hold up our money forever ... and yes it is the only thing available to them. If I haven't already made my point it's just that the equipment be used ... isn't really up to the job of authenticating anything. As far as bank employees requiring training on the De La Rue machine … I have serious doubts. I mean 1) plug unit in 2) turn unit on 3) place stack of bills in tray 4) press start button … there … you’ve been trained. Didn’t get your training? Here’s the Operator’s Manual : www.welchsystems.com/DTP-DATA-8625-0302.pdf take a minute … okay, now you are trained! Please understand, I’m not taking a shot at Frank … I’m taking a shot at those who I believe lied to Frank! I don’t like it when other folks lie to the folks who help me on a regular basis. Further, I’m not taking a shot at vendors … as far as I can tell … short of individually teaching buyers how to authenticate IQD they’ve done what they can to protect themselves and buyers by utilizing the DLR 8625. In fact many have an authentication page showing the 25K note features on their website for this reason. And while I’m not happy with the De La Rue Corp … I’m not taking a shot at them either. What I’m really doing is shining a light on the inadequacy of the technology that is supposedly standing between us and counterfeiters. I support buying from legitimate IQD vendors with IRS/US Treasury licenses. The problem is that millions of IQD are sold on ebay, Craig’s List, and the like. I’m not saying that they are all counterfeit and I’m not saying that all vendors are solid. I’m saying that you had better know your “stuff” when buying from anyone! How much was supposedly “brought back” to the States by an acquaintance? How many times have you heard “I trust so-and-so”? When investing or exchanging your hard earned cash for IQD that just won’t cut it! I recommend learning these and the procedure that we go through is this: 1) Don’t forget that one of the simplest ways to identify an authentic IQD is to take the bill between your fingers (we recommend upper right and lower left corners with the numbers facing you that’s the front) and search for “texture” … a color copy will have none. Raised ink on a bill is a special ink and process that generally requires heat to activate (an extra step in the printing process that many counterfeiters will be unable to duplicate). 2) With it still between your fingers hold it up to the light and find the horse’s head watermark on the right of the bill (25K note) 3) Also search for the foil strip/thread usually about 40% from left edge 4) Tip the bill toward you (not flip) until it is flat and follow the foil strip from step #3 and you should see a metallic ink in small rectangles and even intervals down the backside 5) With the bill still tipped, move your eyes to the right side of the bill and find a silver dove (looks like a mustache) nearest to you which is a second metallic ink feature. 6) Straight down the bill from the dove, at the bottom of the bill is a webbed button … rock the bill back and forth slightly and verify the color changing ink feature 7) Place the backside of the bill under a black light/UV light and a small postage stamp area will glow in what looks to be a bush at about the upper right 1/3 margin. There are more features written in Eastern Arabic that are wasted on us but these 7 steps will give you the confidence that you are looking for. Educating yourself and placing yourself among the elite IQD holders is paramount in accomplishing your financial goals. And here’s a link with a partial list of the security features on the IQD if you don’t have one: http://www.iraqpapermoney.com/new/images/25000dinar.jpg I hope that this has been helpful to you. Peace Doc a.k.a. Doc31, Whatsupdoc31 (depending on what blog or forum you might be on)

I'm with you k98nights ... a video clip with the date (newspaper or something) of lines of Iraqis with dollars in hands and coming out with IQD ... we could also see what denoms ... or would they just deposit it into their accounts like you and I would? ... makes me wanna' go hmmmmmmm. Don't get me wrong, I'm ready for the wonderful event and today, tomorrow, or this weekend works just fine for me! PEACE Doc31

I can't believe I actually beat you to a post! that's never happened before. I posted this early this morning (near midnight) Peace Doc31

By Khayoun Saleh Azzaman, May 11, 2010 The government is determined to boost power output to 27,000 megawatts in four years, said Electricity Minister Kareem Waheed. Waheed said the target to produce the massive amount of electricity that will meet Iraq’s domestic needs is attainable. The ministry is known to have missed almost all its previous targets despite billions of dollars of investments. However, Waheed said the pledge this time was possible to honor because “of the agreement the government has with the Royal Dutch Shell for the storage of liquefied and natural gas in the country.” The government has signed a contract with the international oil major for the installation of modern facilities in the southern city of Basra to treat and store liquefied gas. Most of the new power stations Iraq is constructing and wants to build are gas-driven. Fuel shortages are reported to be one of the major causes of power outages which may last up to 20 hours a day in major cities. To reach the new power output target, Waheed said, the government should invest $3-4 billion every year. http://www.azzaman.com/english/index.asp?fname=news\2010-05-12\kurd.htm

Nice, thanks for the info .. makes good sense

By ANTHONY SHADID Published: May 11, 2010 BAGHDAD — Iraqi politicians have reached an agreement to halt a four-month campaign to bar candidates from politics for ties to the Baath Party, American and Iraqi officials said, papering over the sectarian tensions it unleashed, at least for now, and removing an obstacle in the long-delayed process of forming a new government. The disqualification of hundreds of candidates threw politics into turmoil before the March 7 parliamentary elections. In the deadlock that followed the landmark vote, the prospect of barring more candidates deepened the sense of crisis here, reflecting the conflicts that still threaten Iraq’s fragile political system. But officials said this week that an agreement was reached to end the de-Baathification campaign in much the same way that it began in January, in an opaque fashion that has bewildered the campaign’s supporters and opponents and underlined the extent to which tenuous Iraqi institutions can be manipulated by the power of single personalities ... (for more click link) http://www.nytimes.com/2010/05/12/world/middleeast/12baghdad.html?hp&ex=&ei=&partner=

you do mean other than the "juice" al Maliki still has as PM ... locking people up, putting pressure on others, folks going to ground to avoid jail, etc. ... by which HE has managed to drag this out I presume?!

"what you talkin' about Willis" where do you see it for $52 ... my guess is that you are toying with us ... yes? I've found it as cheap as $63 BUT plus fedex, plus a fee, yadah yadah yadah ... Oh, and three weeks "minimum" Ali going from $90 to $120 ... come on ... where do you see it for $52?

Al-Mulla confirmed to Asharq Al-Awsat that he recorded this telephone call, which he received during an Iraqiya bloc meeting, and that a number of senior Iraqiya bloc members were in attendance. He said that he intends to submit the recording to the Iraqi judiciary and take al-Maliki to court. Asharq Al-Awsat attempted to obtain a comment from the office of the Iraqi Prime Minister Nouri al Maliki, but did not receive a response by the time this article went to press. Iraqiya bloc spokesman Maysoon al-Damluji yesterday confirmed that "in a dangerous development…Iraqiya bloc spokesman Mr. Haidar al-Mulla received a telephone call from the office of the outgoing Iraqi Prime Minister, in which he received an explicit death threat in the name of the Iraqi Prime Minister. This comes after al-Mulla had accused the outgoing Prime Minister of attempting to internationalize the Iraqi issue and that ‘al-Maliki's return to Iraq was due to internationalization [issue] and the US war to topple Saddam Hussein's regime.’” The Death Throws of, as the article says, an "OUTGOING PM". If they really have a recording ... and I'll bet that they do ... he's toast. I realize that he will play it off as a loss of temper by a subordinate but I don't think that it will play well. Saddam era ... that was the norm, or worse, they just showed up and did it. If you can't "rein in your staff" who can or will you (rein in)? Remember, you can't be the Jewel of the Med if you can't rein in the outlaws ... they really want to be the hub of the med ... the ISX is a giant sign of that desire. We'll see but I would wager that this won't play well.

At the risk of sounding really uniformed ... I've not heard of a relationship between the IQD and VND other than those who sell one usually sell the other. My understanding is about the asian rim revaluations and the VND's relationship to China and how an RV by China would virtually require Vietnam to RV. If someone has the scoop on this or can direct us to a post ... I know I'd be grateful PEACE Doc31

For weeks I've been saying that my study tells me that the US is covering all of their expenses and that the oil money was being stockpiled. I don't find where the 30% that was supposed to go to running their government ... IS going to their government. I do see where 5% of their oil money has gone to pay claims made against them. I don't have the numbers in front of me but of the $353 +/- Billion claimed against Iraq, the UN has whittled that down to around $54.3 Billion if memory serves. Of this, $28.9 Billion has been paid using the 5% ... so you gotta' figure they owe at least $25 +/- Billion in reparations. While we estimated that their oil reserve account at the FDNY should be somewhere between $376 Billion and $578 Billion (if they are paying the 30% it would amount to roughly $202 Billion). this is the money spoken of in "ITEM 2" in one of their cryptic posts looking for "IMMUNITY". they want to safeguard this money and make sure that no one seizes or confiscates it. Can't say as I blame them. if you care to look this was covered in : While I might understand that he is saying that all claims have been whittled down to the figures above and that they CAN pay them off, I fail to see how they are absolutely debt free ... unless Uncle Sugar has a side deal going! Peace Doc 31

I have a small group and we buy millions per week. We order twice a week on occassion. We've been doing this for nearly a year and we bought them all from GID. Great price. Great service. The only time I had a problem, they assured me that I did not have a problem ... it was they that had a problem and they overnighted and corrected the problem by the next a.m. I've been in business for over 40 years ... mistakes happen ... when you relieve the clients anxieties by telling them that you are the one with the problem, not they ... and then take care of it immediately ... I don't know about you but that is five star service in my book! Best price and Best service ... what else is it that you are looking for?

I am still buying even if it's a little at a time. I have an IQD group that I keep informed as best I can ... we also buy collectively to defray fees and/or shipping costs. As a group we are still buying millions and millions of IQD per week and even a couple of times a week. In this way, folks who have $25 or say $50 can participate without a $24 fedex fee or a COD upcharge. Larger buyers are told that they will be carrying the load and will be helping the folks with little to spend. I've never had an arguement and almost everyone has enjoyed knowing that they have helped someone by paying shipping costs that they would have incurred anyway if they ordered IQD themselves. And, since 98% of all IQD "scam" stories are about counterfeit IQD bills ... I've taught each purchaser how to identify a "real" IQD bill by it's security features to give them confidence in their purchase . I encourage you when you tell your friends to make yourself available to help them as well. It is quite rewarding and I don't want my friends coming to me after RI/RV and saying, "hey, I thought we we're friends. How come you didn't tell me about IQD?" Peace Doc31

Nice find Carlablum 6. Follow up the plan and time table for DFI successor arrangements, and as detailed below: a. The first two items from the time table were implemented during the meeting held in New York on April 6, 2010. b. COFE sent a letter to the CBI to ask about the item to be achieved before May 1, 2010 to obtain the initial approval of the FRBNY. c. COFE sent a letter to the ministerial committee to ask about its efforts related to identify the immunity of the Iraqi funds by June 1, 2010. d. The item to be achieved by June 15, was implemented through preparing a minute of study and analyze the proposals of the firms, which was sent to the IAMB. And nice job of reading through the cryptic "smoke" lgraham. You have a great eye for cutting through the nonsense and getting to the "meat" (if any ... which you also point out) and then an easy read style of voicing what's really there. Again, nice job and thank you. Carla, I believe you have found a very interesting article here. Re-read this article in the following manner. COFE is a group of financial experts right! Well guess what, This group of experts is made of of Iraqis. So, when you read that the IAMB is going to turn over the reporting duties of this DFI fund to COFE. What you are actually reading is that the reporting of this crucial account at the federal reserve is going to be turned over to the Iraqis themselves....under the guise of COFE. Did you read this thread posted by Doc31: http://dinarvets.com...umbers-by-uncc/ Read this and see just how significant the DFI account truly is! Lgraham

I like that as well

Your welcome and right back at you with thanks for the numbers and conclusions that you brought together here! Very nice!