Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content

Doc31

Members
  • Content Count

    4,657
  • Joined

  • Last visited

  • Days Won

    11

Everything posted by Doc31

  1. I am posting an email sent by me to my small IQD group at the urging of FloridaChick who is also a DinarVets member ... What I wanted to share with you is a conversation that I had with one of the members of this IQD group the other day. It is highly pertinent since Friday and Saturday are days that we are told are high probability days … what I call “maybe days”. Myself, I don’t think that we will see RI/RV until they get there elections certified and Parliament seated … but who knows. Anyway, there was a huge, “maybe day” within a day or so. All the intel told us that it had an enormous
  2. My understanding is that the poverty in Iraq is the direct result of the fact that 30% going to the cost of operating government is NOT true as much of it should be going to programs to help their citizens (from the governmental departments)... however, from my seat in SW FL (LOL) ... I have no way of ascertaining which is true. So, if we assume that the 30% plus the 5% are NOT draws of drawn down funds (I hope you followed) and we call it 35% from oil profits leaving 65% ... there is still $375.78 Billion in a New York bank! Part of the reason that I personally don't believe the 30% is be
  3. I have always been an RV guy ... mainly because of the following. When someone tells us that the IQD "sounds too good to be true" we always point them at Kuwait. But that's the last time we want to discuss Kuwait. However, to me, it's our template of sorts (yes, I know about Germany, etc. etc). And that is why RV makes sense to me. However, through posts on DV and elsewhere, I've heard 3 separate arguements for RI ... one mathematical, one from an economics standpoint (also mathematical), and one (almost) philosophical. A week or so ago a post was made (on the NEWS side of DV) disclosing that
  4. I have always been an RV guy ... mainly because of the following. When someone tells us that the IQD "sounds too good to be true" we always point them at Kuwait. But that's the last time we want to discuss Kuwait. However, to me, it's our template of sorts (yes, I know about Germany, etc. etc). And that is why RV makes sense to me. However, through posts on DV and elsewhere, I've heard 3 separate arguements for RI ... one mathematical, one from an economics standpoint (also mathematical), and one (almost) philosophical. A week or so ago a post was made (on the NEWS side of DV) disclosing tha
  5. How about all of you "dinarified" Texans shuffle over there and explain RI/RV to him! thanks for the article sunshinelvr
  6. Nope it is reported that it is $2M USD not 2M IQD ... think about it, all that oil money going to a bank in New York amounting from between $1B USD to $6B USD per month that has not been touched for 72 months and counting. It's probably higher than that since the pipeline is running and they are working to increase production. You and I are footing the entire bill. This oil money is why RI/RV at a decent level is not the problem that you envision it to be. Remember, that only approximately 90% of all IQD is held privately. the balance is held by Central Banks around the world who are required
  7. It seems to me that with all of the recount, no recount, count, no recount ... news that seems to be all there is for news these days that not seating a government is certainly acceptable to someone. A friend and I were discussing this when he pointed out that at $2M/month al-Maliki was making about $500,000/wk and on a 5 day work week about $100,000/work day. He figures al-Maliki is willing to leave Iraq unstable for personal gain. That much $$ would fund a whole bunch of things that he might be willing to do to retain the PM's mantle. I couldn't disagree with him.
  8. Ron's right, it's old and it was written by "the staff" ... ask yourself, when you see a report, when was the last time no one specifically laid claim to it? this has all been discussed, dissected, and realized when it really came out ... it seems like it was posted in March but it was written way back some time (year/years ...). It's just been too long since I investigated it. Besides a little outside fact check would tell you that oil is up ... way up and still climbing (until this morning) and that inflation is not only down but down from 3.9 which is considered low already and it moved to
  9. K98nights I'm renaming you Walter Cronkite ... how you come up with all of these posts ... sometimes I have trouble finding them afterwards without the link!!! Isn't this a disguised cry for RI/RV by this individual? The budgets in place and he is referring to it like it is currently affecting his department as he says that he will require "supplementary budget" to fix it. However, we don't know the terms of the budget because Parliament has not been seated. Ask yourself ... how does he? Read between the lines and see, with the 17 projects being affected, if he isn't saying that without RI/RV
  10. Since they are extricating the USD from common trade, this seems like just another reason for vendors and the common man to get it out of their hands which doesn't seem to be a problem. Iran? the high end version ... probably. Dealers buying at .05 and .20 cents ... hey getting stuck with it is their problem ... however, watch you and I will have to buy them up at full value. I'm surprised Iran didn't flood Iraq with good bills years ago. Destabilization ... NO. Isn't everyone supposed to use IQD or an Eagle card? USD is supposed to be drying up ... The poor quality bills "screams" one thing
  11. "The most prominent problem in the subject is the difference in prices of Gulf currencies and the Iraqi currency, but serious attempts were exerted to resolve the problem as soon as possible," Abbas said. Tomorrow is good for me ... I can clear my schedule for this kind of cooperation to resolve the problem ... anyone else? GO RI/RV Thanks Ron and Jody2010
  12. How much oil revenue is actually coming in for Iraq? Between one Billion and Six Billion dollars per month is being deposited into the Iraq account and has been since late 2004. You do the math. Where are those dollars? In a New York Bank account set up by the United States Treasury and owned by the Iraq Government It says that this is an old article and we know that their production is up from then ... but even if we estimate low using the lowest number provided $1B per month times 6 years (part of 2004 and part of 2010) times 12 months = (+/-) $72B So can we end all the discussion about
  13. I think that it's a double edged sword ... without the lifting of UN sanctions I don't believe that we will see RI/RV ... I believe that what they are actually doing is making their best case to the UN ... you know, when your kid asks for a motorcycle and you talk him into settling for a bike, which is what he was after anyway! Here they are saying you did this illegally and we should be paid for it (but we'll settle for lifting the sanctions) JMO I'm with you though ... (to quote NIKE) JUST DO IT (already!)
  14. Thanks for the article ... isn't this the same guy (Allawi) who said that it would take months to sort all of this out and seat Parliament? Ok, is he lying now or was he lying then ... I didn't believe the 2 month thing anyway as the loan payment is approaching and gold payment was rejected ... their (Malaki and Allawi) only hope is for another extension while they posture and position themselves ... and that is possible ... but he is right ... the longer they wait the more uncertain that it gets. Just ask al-Maliki ... "do you think you should have RI/RV'd before the elections?" ... now his f
  15. OK, let's do the math: 25T IQD/15B USD= 1666.66 dinar/dollar ... currently it is at 1168+ ... they tell us at the current rate is "perfectly balanced" ... this ratio is worse not better ... this so called strategy is nothing but a ruse/misdirection/whatever your word is. If they were talking IQD to coins eg "monetary MASS" then would we expect the coinage to be $15B ... nope . Outside the country vs in country IQD maybe but not probable ... if 90% is held by Central Banks around the world as is reported then that would be very agressive and highly unlikely in the first year ... over time yes,
  16. I think that long vs short term capital gains as well as the rate is all important. However, I believe that the specific section of the IRS code that controls/dictates this would be the most important of all. I know you are trying to be helpful to us all, but without the specific section it is at best 3rd hand information from a 2nd hand source for us. All of the folks (roughly six I think) who have asked their accountants about it that I know of ... first said "15% long term capital gains ... but let me check it out". After reviewing the IRS code they all came back and said that they "owe no
  17. Poof ... was that more smoke? I'm with Chief V.
  18. Are you sure? The fourth paragraph is: It has sure been an exciting couple of weeks, hey? The elections seem to be successful, in spite of the accusations and feet stomping. It has came to light that several days before the elections, it was ruled that no recounts would be taken… basically rendering the cries of foul play moot. I call this good news. Business is booming in Iraq: the Governor of Basra met with the Turkish consul ... And that is at least relatively current
  19. I believe that I read every post in this thread and I didn't see where anyone had mentioned the thing that I am most greatful to "W" for and I kind of expected this thread's contributors to realize ... like his politics or no ... Ask yourself this: where was it that presidential order #13303 came from? You know that order that made it legal and easy for us to get IQD ...
  20. I see what you see ... I merely posted with a link what I saw ... move it where you like ... I, like you, have no way to verify what a member says or (truly) believes ... merely thought that folks might want to see ... The great part is that all of us will be able to compare it against what actually does evolve ... including the fact that it might be crap! Peace
  21. (I don't see this posted elsewhere forgive me if it has been ... just trying to help) final results of the elections as announced by the Office on Friday from almasder.net http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http://www.almasder.net/newsiraq/news.php%3Faction%3Dview%26id%3D125&rurl=translate.google.com&twu=1 In the scoop, the source site publishes the final results of parliamentary elections to be announced by the Iraqi Commission on Friday, are as follows: 1- List of the rule of law: 91 seat 2- Iraqi National List 90 seats 3- Iraqi National Coalition 6
  22. When I saw this I thought I remembered it happening months ago ... I googled Jack Smiley and Idaho and got what you see below. What you posted was the final disposition by the court ... 3 years probation and $1000 fine because he didn't have a license. Everyone got their money back. It was actually reported almost a year ago http://statevssmiley.blogspot.com/ as the recovery of the dinar which he would not disclose took place June 2009 Thursday, September 10, 2009 Smiley arrested, again Jack Smiley has been arrested and is currently in the Kootenai County Jail with a $100,000 bond. He has be
  23. Apparently, but of the "high-level Plenary Meeting of the General Assembly on MDGs" (Millennium Development Goals ... which is just what it says) and not to be confused with RI/RV, I don't believe.
  24. Sorry, but her cousin'ssss are guys ... besides there isn't anybody quite like her as you can tell from her statement!
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.