drox

Matski7 well done! I know you were hoping for a discussion. Unfortunately I think everyone is too wrapped up in the Dinar allure at the moment to shift to this topic. Nothing wrong with that at all but I wanted to make sure you knew I appreciated your well thought out piece. I believe there is a much deeper under-layer that is the culprit. Although everything you describe is the absolute truth it is not the moon but the finger pointing to the moon as they say. These evolutions that occur are simply the survival and reinvention of the ego. We have allowed ourselves to the mercy of materialistic tendencies and role playing. We often find our worth in things, people, ideologies and thoughts. Well beyond the need things is the wanting of things. The ego truly wants to want. That is the insatiable paradigm that must shift in order to change our world in my opinion. Even when we give ourselves that which we want, the ego immediately wants something else. Thus, it became just a temporary manifestation and is truly insatiable if allowed to unconsciously continue. That is what inevitably puts us in a hole. We in the States find ourselves at a moment of truth don't we? We have pushed the want and the conflict almost as far as we can before it enters the red danger zone. We must reevaluate our beliefs and reboot or risk failure. Everyone must evolve. A corporate, a political, or even a religious congregration of like minds forms a collective ego. That power in numbers has a direct influence on everyone. I suppose our conclusions lead to the same question... How do we empower ourselves and shape our own destiny? Will we choose to move forward through conscious steps or will we stay the course unconsciously and risk losing everything? Guess we shall see. Thanks and be well!!!

Simma down now! Not true. He has spent countless hours and money preparing for post plans. This is a business for him that he provides a successful place for us to visit. He doesn't force anyone to buy anything. Let me ask you this.... If all hell broke loose and the worst case scenario occurred which is Lop and a short window for us to trade or cash in our currency and basically leaving us holding pretty paper, wouldn't you want to be part of a big group with lots of Dinar? I mean couldn't we all pool our worthless Dinar together at that point and go open a few hamburger joints and coffee shops in Iraq. Pay out dividends. Think outside the box my friends. We are all in this together and will find a way to profit no matter what.

Guys... I think he is right on the money with this particular stuff. I find it very strange though that he keeps saying he is a part of these numerous meetings. Some in Parliament some with CBI with his posts. That is a stretch for me. I am still trying to figure this cat out. One thing I keep thinking though.... I keep getting the feeling he is a silent member here at DV. Anyone else get that notion?

Tif... You have no idea of the chord you struck with this post. You should do some research on Borderline Personality Disorder too to add some flavor to it. If you have ever been in a relationship with someone with that you would understand. The 2 PD's are closely linked together but what a nightmare. We are probably all a little narcissistic to some degree wouldn't you say? I often wonder though if these diagnosis or disorders are real or if everyone is just so unconscious and at the mercy of their own ego and don't realize it. Debatable to say the least. Could you please uncuff me now. My toes are cramping up as I type this.

Jac was that your wedding song? C'mon girl you gettin' all smoochy with us or what?

Sounds like you got it all figure out in your 4 months. You're right...That may have been sufficient time for you to do diligent research and to form an educated opinion. Of which you are completely entitled. What I can tell you is 4 months is not sufficient time to see the changing faces on this site or the waves of investors. The broken hearts and deep regrets that each wave brings forth takes an equal number away as it resides. You see... the homeless vet that came on here a year ago wondering if it was really going to save him like so many people told him it would... bothers me more than you know. The people losing or that have now lost their homes or filed bankruptsy. Many buying Dinar for their hail mary saving touchdown because the RV is upon us. The folks with cancer or who's spouses are afflicted wanting this miracle to save them or their family. The divorces that are or have occurred and the unemployed that come in here thinking this will fix it.... this will fix it. As they tell others to invest and to buy more because it is a can't miss investment because some gurus that have 4 whole months of research say it will. You see... being positive is a beautiful thing in life. Frankly, there isn't enough of it in the world. But my friend... just as their are people that know more than me their are people that know more than you. Are you so positive and smart that you are too naive to listen? I thank God there are people on this site kind enough and strong enough to offer a different and more grounded perspective. People that aim to teach and share their Dinar education that care about the lives of the people I mentioned above. People that stand up to the pumper gurus that are outright coning others for one of 2 reasons: they plan on making money from them or they are fulfilling that insatiable ego because for once in their lives they are popular at something and finally have a medium for their voice. Adam is right up front that this is a business for him and I love that. The other's intentions lurk in the shadows TBD. You have a lot to learn. No amount of cheerleading is going to prepare people more then learning about their investment from all sides through their own research as well as listening to others. Just curious but do you think that Bernie Madoff investors thought the naysayers on that investment were negative and stupid too? I have high hopes for this investment or I wouldn't be in it. I have contingency plans if it doesn't pan out. It is too bad you decided to do a drive by shooting post because you sound like an intelligent poster that could offer up good discussion.

Think whatever you guys want to think. I sincerely hope that anyone that considers buying more Dinar or tells friends to buy, thinks long and hard about it. This article speaks to a re-denomination without question unfortunately. Could it be smoke and mirrors... possibly, but why would they do that? They have already sold a ton of Dinar. If they wanted to hide an RV then why would the keep selling it to us at crazy intervals the last couple of years? The bulk of the article talks about ease of cash transactions or use. Carrying LESS currency. If you remove large denominations and bring in small ones that makes it all the more ridiculously hard to make cash transactions. I just can't see the logic of removing big bills in lieu of smaller ones. I have been convinced for a year that if they introduce the 100k notes it would postpone or stop the lop. Now that they agreed to that these stupid RD articles keep coming out. So frustrating.

Once again the record goes skip, skip, skip, skip. Just when you think some semblance of cooperation between parties was turning the right way you have this. Maliki is a bad man. No wonder he wants to keep the defense, security, and interior ministry positions to himself. Somehow he will emerge from this too. These crazy cats have 9 political lives for sure. Disappointing.

Thx. The currency is fairly stable now according to Shabs just really undervalued through our investor eyes. I do think many things need to happen first to support a significant RV if one is to occur and it hinges on the politicians working together to pass the meaty laws not just the foreground ones. They have to have a more solid employment base. Over 20% unemployment is a big problem. Rampant corruption can not work in a progressive business climate. Force the banks to lend to the Iraqi entrepreneurs and provide financial guarantees to international companies doing biz there. Time for them to roll up the sleeves and getRdone! Thx... I sure thought so too. Gives great background info on all parties so you can see what the disagreements really are. Hard to get that through biased opinion articles translated by Google eh?

I see this as a good thing. She is putting pressure on the US and England to possibly seek release of Ch. 7 or a new solution around it. Iraq and Kuwait are trying to build ports in a competing area that will conflict with one another from what I understand. Iraq wants to increase its oil exports by 2014 to 6million barrels a day from less than 2.7 million per day now. It must have the infrastructure means to do so which is why this port is so important and why Iraq is frustrated with Kuwait IMO.

Hey friends... I have been wanting to create a place here on DV where newbies and vets could look for important information to aid in their research. Becoming more informed and reading truthful articles should help you figure out this investment and allow you to become your own Guru. I have done quite a bit of research through the years on the investment and I have a nice archive of articles I would like to share with those of you interested in learning more instead of having Gurus telling you to think in a particular way. Many of my articles I have never seen posted in the Forums and some are sent from friends. If you find it useful... great. If not, then just kindly move on. I will try to address specific subjects for each research piece that I consider substantial. I have found that the pieces of research are kind of like a paint by number canvass in the grand scheme. Each section gets you closer to revealing what the overall object is and a likely scenario begins to emerge. Some of you like me and some of you might not. I am neither a cheerleader nor a lopster. I have been right on my assessments most of the time and I spot trends well before the curve usually. Hopefully you find it useful. My goal is to make people think and to learn from each other through constructive discussion. I have a lot left to learn from you and I really want to solve this puzzle. Mods, I hope you don't mind that I keep these in the Opinions sections so folks no where to find it.... Thanks, drox PS... let me know if you think these kinds of posts are helpful and/or encouraged. Part 1: The real inside story and history of Iraqi politics, elections, and the US benchmarks since about 2003. The ultimate starting point to me is understanding Iraq's goofy politics and sectarianism. We can't get anywhere in the investment without this key piece. So...to understand where it is going you must understand where it has been. This 35 page article will catch newbies up to speed and will fill misunderstandings or holes for the vets. Long read but hey... you are a researcher right? Enjoy http://fpc.state.gov...tion/158475.pdf Iraq: Politics, Elections, and Benchmarks Kenneth Katzman Specialist in Middle Eastern Affairs March 1, 2011

I would like to formerly tell Mr. Sadr goodbye. I sincerely hope the 72 virgins awaiting you shortly are not the 72 guys in the Lamda Lamda Lamda fraternity in Revenge of the Nerds Part I.

Hi Pebbs... Well look at the bright side... if it rips apart enough it will slingshot our butts through the Universe and we will likely get the best field trip of our lives if we can stay conscious long enough. Take heed that before that day comes we will have tapped into the mystery of zero point energy and will have found a way to travel faster than the speed of light using the nothing energy that exists between the spaces for fuel. Basically quantum non-locality. So we will basically fax ourselves and planet somewhere not so dark. OBTW... "The Big Rip" seriously? Humanity and all we know is going to disappear to what amounts to a big fart? C'mon girl is that some kind of physicist humor or what? Hey... that dark matter increasing at an increasing rate would sure make sense of all the loonies out there and the unconscious behavior we see exhibited in these days of our lives.

I am Adam Montana... no wait, I am Michael Jordan... no, I am Bo Jackson... wait, Who am I again???

I am not quite sure how acting unconsciously and doing unconscious acts brings consciousness to others. Enlightenment can not be achieved through force or anothers will. That is simply doing the same thing as they accuse others of doing to them. If they want to do it that's fine but don't do it for any of us... do it for yourselves and call it what it is: revenge or a reckoning. But don't pretend you are doing it in the name of consciousness because that is a joke. It is simply another form of terrorism with a different theme and agenda.

Thanks K98! These are the exact articles we should all be excited to see! These are the kind of articles that will support revaluation of the exchange rate in time!

A census is very important for the HCL in my opinion. I have been waiting for these articles to pop up and now we have 2 in one week. This one is from Maliki. Good stuff. The issues in Kirkuk have so much to do with the HCL and a lot of the political tension. This census is really aimed focused on that region in particular. This would give accurate head counts and demographics for oil revenue distribution and control rights. It would help to providing a dividend mechanism to local and regional governments and hopefully citizens from the some of the oil sales would be huge for Iraq. It would lessen the sectarian politics because everyone gets a share in their oil. If you have ownership in something you will take care of it. Best move GOI could make.

Edwarda... please understand that all I know is from my months and months of research and thus is somewhat left to my interpretation. I am not directly in day to day transactions so temper anything I tell you with that understanding please. With that said, I highlighted your question in red that I will try and address. Hopefully it will answer the one below it too. People tend to think that when an international company does business in another country that they are paid in that country's currency (in this case Iraq). That is not necessarily true. The companies doing business in Iraq sign contracts up front that specifically state they are to be paid in their home currency. For Instance... Foster Wheeler European division would want to be paid in Pound Sterling. The banks in Iraq make most of their money from wire transfers and not loans. So I believe this has a lot to do with the currency auctions that the CBI holds. It is possible for a company to ask to be paid in the host country's currency but it is very unlikely. Factor in that Iraq is mostly a cash based society and not using electronic like we would hope they would. Saddam took all of their money through banks and they have very little trust to this day. The CBI is trying to change that paradigm. Remember... in Iraq, the GOI controls about 90% of the GDP (that stat might need to be verified). So, basically everything runs through the Government. This is why corruption is such a rampant problem. That specifically leads to problems with security, back office dealings, and currency conversion issues. It is why privatization needs to take place for the long term benefit of Iraq's growth. Put all this together and you see why the company's would want their own currency to eliminate unnecessary risk. It is why they have to amend the Investment Law of 2006. http://www.state.gov...2010/138084.htm Please read this article in full it will help you some and here is a quote from it below: The Iraqi authorities confirm that in practice there are no restrictions on current and capital transactions involving currency exchange as long as underlying transactions are supported by valid documentation. The International Monetary Fund’s annual publication on Exchange Arrangements and Restrictions states that: “Restrictions on capital transactions are not enforced; however, documentation and reporting requirements apply.” The National Investment Law contains provisions that, once implemented, would allow investors to bank and transfer capital inside or outside of Iraq.

Edwarda.... Anything can be a tradeable currency in the most basic definition so long as you have 2 parties willing to trade with it. The Dinar has some forms but not well recognized or easily accessible ones. For example, interbanks like Forex and XE that facilitate transactions between parties. Right now if you were to live outside of Iraq then your options are more limited the further away you get from the Middle East. If you wanted to trade your Dinar back into dollars right now what would you do? Sell it to friends, list it on the forums, ebay, maybe try and sell it to broker that sold it to you, or go to Iraq. So... I guess you kinda have options. Do you think that very many publicly traded companies would be willing to risk tens of millions of their shareholder's dollars to set up shop in Iraq without assurances? They would have a hard time answering to shareholders unless the very nature of their company works internationally in higher volatility markets right? The risk must be far greater than the reward right? That is why you see mostly oil and gas, mineral, defense, construction, etc as the few companies invested in Iraq now. The more countries and companies that pile in the more credibility that evolves with the currency and the more security and stability is created right? Kind of like jellyfish in the swim beach. It takes a few bravehearts to get back in the water before the rest of them start back in. This is called currency convertibility. Countries are measured as to high or low convertibility when business are investing, or tourists are shopping for destinations. It is the ease of which you can exchange that countries currency for gold or another currency. Right now Iraq has very difficult or low convertibility. It is why this is taking longer for investment in Iraq. Security, lack of infrastructure, the corruption in contracts, all factor into the level of convertibility. Right now banks in the US for the most part are not exchanging your Dinar back to Dollars. If it significantly RV'd tomorrow out of the blue...your only option I can see right now is to cash through the broker you bought it from. They have to facilitate the transaction directly with the CBI like they did when they bought it from them to sell to you. That would be a low convertibility wouldn't you say? The CBI has set the table for stability. They have a higher reserve and lower inflation and the ability to move the exchange and interest rates. That is big. The problem is not with the CBI. It is with the ability of Iraq to support a higher rate. That is the hold up IMO. That is why I believe it will be a gradual move so that the economy can grow with it and support higher rates. Its all about the credibility and the stability.

This feels different this time. Before, you knew everyone was blowing smoke and it was a game of musical chairs. Now there is a different undertone it would seem. You see the citizens are tired of all of them collectively. Not to mention the US pullout should have their fat air conditioned Green Zone butts worried if the troops pull out when NOTHING has been accomplished. I think people in each bloc are starting to show their cards and let their "candidates" understand who is really in charge. This could be the cooperation and the catalyst we need to get them to vote on the big laws. Census, HCL, Investment Law addressing Corruption, etc. Hang in there!

Not sure... a realignment of the blocs perhaps? We just saw Iraqiya merge with another smaller group. The natives are restless. I find it strange Allawi retired and/or had cancer and suddenly he is back in the mix. We see they might have agreed to the last Iraqiya nomination for defense minister. Rocket attacks on the Green Zone from the shia's is odd with Maliki being a Shia but living in the Green Zone. Sadr is saying he won't use his army all of a sudden. Something is very strange and I can't really put my finger on it. Mahdi might be the odd man out too if Maliki is seriously shrinking the size of the ministries and positions. I am hoping this is a sign of progress and not a sign of further division. What do you think?

This is very very interesting. Mahdi/Mehdi was kind of the dark horse candidate for PM when Allawi and Maliki wasted 9 months after the election deliberating who was PM. At one time a consensus was made without a vote that Madhi would be the fall back PM when both State of Law and Iraqiya were considering getting rid of M and A to get through the impasse. Mahdi took it hard. However... during that 9 months when the Parliament was supposed to be in session they elected officials wouldn't go in but got paid anyway. This Madhi character went to Parliament almost everyday anyway. He was one of the few that tried to form a government. I find it very interesting that when the Erbil agreement is allegedly close to being signed that he now withdraws from the VP post for fear he will be considered one of the inept politicians. Is this a telltale sign that something is about to come politically we are not expecting???

As you have demonstrated yet again Darin your labeling of me as pessimistic is simply naive. Hope that made you feel better to get that dig in. Sorry as to wherever I offended you in posting somewhere in the past. I focus on the truth and I provide a sounding board for the less gullible and those wanting to learn as I do. I do not tell you or anyone else what to think but I choose the approach to make people simply think. Does that make sense to you? These are smart people on these boards but the ebb and flow of the dreamy parts tends to encourage people to believe certain people are in the know. I find knowingly misguiding people both reckless and disgusting. Isn't a checks and balances system good when one's money and emotions are tied to it? I bet the people that Madoff duped wished they had people keeping him in check or would they have been pessimistic too? This posting of the laws is a poor attempt to push people into a direction of thinking and defending why "their" predictions failed. My 'pessimistic' self has been pointing out the laws and paradigm changes that are required for the opportunity for a revaluation to occur for what... at least a year as YOU personally know. It bugs me the gurus are just now coming to the realization that these laws are important pieces. After denying them for so long. Get why it bugs me?? How many people have been hurt by this by investing funds they did not have because the RV would be soon? Are you defending this behavior?

Perhaps I stated that wrong... as I am not a fan of his. It was his rise to $3 even if it took 2-3 years as you suggest. In either case I find that to be an unfortunate advisement or coercing opinion on his point. I see this as a longer term investment and not a one hit wonder so whether he thinks $3 today or $3 in 3 years is irrelevant to me. His assessment was without a RD correct? FYI the chat I listened to I think he recorded in a hotel lobby if that helps and he did state $3 (about a month ago maybe).

I guess what bothers me about this alexyn is that a few of us have been saying any revaluation of Dinar is contingent upon stability and progress... for at least a year or more. Are gurus just slow or are they perhaps not as perceptive as everyone gives them credit for being? These self-appointed gurus just keep ignoring the basics and the truth and then time proves us right and the gurus then become 'suddenly' enlightened and make it some new thing to watch usually about 6 months late. They make everything hinge upon this date or that date without really thinking it through to an end result and how all of the players in this game will be affected. For example... the citizens of Iraq in particular the 50% in poverty. I was appalled at what I have heard on the one of Breitling's audio chats I listened to. His $3 rate range and why it was here and his dismissal of the 3 zero article interpretation. He completely ignores the fundamentals or doing the actual math to reach his conclusions. He ignores playing the outcome forward and how the dust would settle in an effort to appease his audience. All of these guru's do it. They are misguiding everyone and I find it to be so unfortunate and reckless with peoples emotions and money. Now I like Scooter, but these laws Scooter and Breitling have listed are absolutely nothing but a country filling holes and gaps in their development. They are basically a brand new government and brand new country. NOTHING in this list has an RV being alluded to in any stretch of the imagination. In fact, none of it is addressing the fundamental laws (THE MEAT) that they should be voting on: Corruption, Investment Law revision of 2006, the Census, HCL, minister appointments to security, defense, and Interior. New tariff and tax laws. Unemployment issues. Privatization laws. Citizen land ownership. Fair lending laws to citizens to promote investment from within and not just internationally. etc etc. I wish I could have a one on one discussion with Breitling about all this.