United Nations Approved RV

[RVWITHME]

Here's an Unconfirmed Report of the RV headed down the road towards us... (hope they got their headlights on)...

Still a little confused about the 15% increase part, but maybe that's the start of the float we been hearing about...

Discernment Advised below!

United Nations Approved RV RV IS ALMOST HERE.

Saturday, 02 February, 2013 UN's to release Iraq from CH VII WITH CONDITION TO RV

2-4-2013 The HEAD of the DEPARTMENT of BANKING and Finance Ministry: “the DINAR traded in global financial directory sites on the recovery of the currency and that there is a future for the Iraqi dinar and would SOON RETURN to what it was before 1980 BECAUSE of the GLOBAL DEMAND in the GLOBAL FINANCIAL MARKETS”.

05 February 2013 Iraqi Dinar Could Rise as Much as 15% in the coming month. Source: Iraqi Cabinet)

General Secretariat of Iraq’s Council of Ministers has ruled out the replacement of the currency or cancellation of three zeros “at this stage”, and it is seeking to raise the value of the dinar against the dollar.

2-5-2013 Washington TIMES newspaper: Iraq will be the largest in the world oil power.

Also in the news... (wow, a 2fer)

"GOI recognizes its inability to cancel three zeroes of the dinar however seeks to increase value;

Any improvement in political situation will make process happen faster

Posted: February 5, 2013 in Iraqi Dinar/Politics

Tags: Cabinet of Iraq, Central bank, Central Bank Iraq, Currency, Iraq, iraqi, Iraqi dinar, London

iraqimoneyyy4567898February 4, 2013

GOI ruled out today to replace the local currency dinar or cancellation of three zeroes [however] are

currently pointing out that he was seeking to increase its peak from 1166 to 1000 dinars to the dollar,

adding that high value opportunities available with the growing backlog in the central bank, which exceeded $ 65 billion.

GOI recognizes its inability to cancel three zeroes of the dinar however seeks to increase value; Any improvement in political situation will make process happen faster

Posted: February 5, 2013 in Iraqi Dinar/Politics

Tags: Cabinet of Iraq, Central bank, Central Bank Iraq, Currency, Iraq, iraqi, Iraqi dinar, London

iraqimoneyyy4567898February 4, 2013

GOI ruled out today to replace the local currency dinar or cancellation of three zeroes [however] are currently

pointing out that he was seeking to increase its peak from 1166 to 1000 dinars to the dollar,

adding that high value opportunities available with the growing backlog in the central bank, which exceeded $ 65 billion."

[NWGUY]

Thanks for the post!

Maybe they are going to start the float at 1000 to 1, and let it float from there??? JMHO, and by no means is any guru prediction! Just my guru disclaimer!!!

Anyway, just more exciting news!!

Go RV or RI !!!

[sxsess]

:)/>

Thanks for the post!

Maybe they are going to start the float at 1000 to 1, and let it float from there??? JMHO, and by no means is any guru prediction! Just my guru disclaimer!!! :lol:/>

Anyway, just more exciting news!! :)/>

Go RV or RI !!!

:)/> :)/> :)/>

If thats the case we are going to make *hit loads of $$.

[jomans]

Well, going from 1166 IQD -1 USD to 1000 IQD -1 USD is roughly a 15% increase. Now, when it is 1000 to 1 and eventually eliminating the 3 zeros to make it a 1-to-1 ratio is what we want.

[puckster_guy]

gee no lop? how sad...looks like the ball is finally starting to roll...GO RV

[jeepguy]

this has really been an up and down currency month for sure , with the no-dropping zero`s too the 15% rise ,, i would think the 15% part is a true statment and the zero`s will fall off the 1,ooo to become 1 to 1 ------> what we hope is 1 to 1 and what iraq is seeing as 1 to 1 <----------- i hope we are on the same page , a 25,ooo is a 25,ooo u.s. even if it is out a .10 cents wow finally movement we like to see, the money will start going into the plus side whoooo hooooo -----------> also , hoping this is what our hooiser guy`s banker friend was re-fering to !!!

[pattyangel]

This is way more excitement on the forum then this time last year. Seeing a lot of positive movement.

This may be the rumor section, but this rumor just may be coming true.

[nordy27]

This sounds like a good thing to me!

[dog53]

All of it sounds good. But the UN part of it sounds like Bullshat to me.

Me I wait. Not getting my hopes up not buying more dinar. I simply wait.

It`s the beginng of a new year and the last 8 have always started the same.

I call it the time of re-newed enthusiasim

I dont expect anymore I just wait. But while Im waiting and watching and reading

I like to have FUN Know what I mean Vern.

[DinarThug]

So We're Getting A 15% Tip Before The Meal's Been Served ?

[NWGUY]

So We're Getting A 15% Tip Before The Meal's Been Served ? :o/>

:D/> :D/> :D/>

No....that would be the 15% the IRS wants upfront on your investment!!!

Go RV or RI !!!

[LIBoy]

1000 to One....that's awesome. That means for every million dinar I would get $1000. Since I paid about $1080 per million when I purchased my dinar, that would give a huge profit of............OH CRAP!!!!!

[BETTYBOOP]

looking and sounding good! Rise baby rise!!!!

[Uncle Barkie]

This sounds great but I personally would like to see a link for the article myself instead of it being paraphrased. but keep on hunting

[jomans]

Hey Uncle.... here's the link for the 15% increase. But, I don't know where the "UN approval" stuff is.....

http://www.iraq-businessnews.com/tag/revaluation/

[C.H.]

OOOOH NO!

[George Hayduke]

Revaluation

Tag Archive | "revaluation"

Iraqi Dinar Could Rise as Much as 15%

Posted on 05 February 2013. Tags: dinar, re-denomination, re-valuation, Redenomination, revaluation

--------------------------------------------------------------------------------

By John Lee.

The General Secretariat of Iraq’s Council of Ministers has ruled out the replacement of the currency or cancellation of three zeros “at this stage”, and it is seeking to raise the value of the dinar against the dollar.

The Secretary General of the Council of Ministers said that the project to replace the currency, dropping the three zeros, was discussed but is not a priority for the government at this time being, and “there is no real problem in this field”.

He noted that replacing currency requires “large adjustments”, and the process of withdrawing the existing money is an enormous and difficult task.

He stressed that some have the mistaken impression that deleting the zeros will “reduce the size of the money in circulation as a block”, but in fact it does not reduce it even by 1 percent, and while the government believes that the change of currency is a good thing under appropriate conditions, it is not a priority.

The Secretary-General said the dinar should be stronger than it is now, and implied that an exchange rate of 1,000 dinars to the dollar — a rise of about 15 percent — might be sustainable.

(Source: Iraqi Cabinet)

[Biker]

This is what i have been saying and pictureing happening, 1 to 1 to start and then on a managed float till they get to pree war priceing and put a lid on it. We can only hope. I like there comment about This Month, Yea baby come to daddy, GO RV. Then its going to frost my balls when i got to give half back to this worthless government in Taxes.

[staunch]

This is what i have been saying and pictureing happening, 1 to 1 to start and then on a managed float till they get to pree war priceing and put a lid on it. We can only hope. I like there comment about This Month, Yea baby come to daddy, GO RV. Then its going to frost my balls when i got to give half back to this worthless government in Taxes. :angry:/>

LOL, frost my balls???........................LOL

[WISKY291]

Well, going from 1166 IQD -1 USD to 1000 IQD -1 USD is roughly a 15% increase. Now, when it is 1000 to 1 and eventually eliminating the 3 zeros to make it a 1-to-1 ratio is what we want.

I don't think so.

[whatsthis]

I want to address the second article talking about deleting the zeros heard on Kap's Call he had on Mon Feb 4, during the Q&A session the second caller said what every one misses is that deleting the zeros does not apply to us the investors because it is just to finish up removing the rest of the 000 notes & that will only take place in Iraq, So all we are looking for is the float & pick the rate we want to cash in on or if need be cash small amounts until we see the rate we want so we can live with out debt. Sound like he was right about that so we should not worry about how long it takes to get to deleting the zeros because it could still happen in 6 months to a year.

By the way Kap's call was a good call if you have not heard it yet.

[iqdcrazy]

Here are a couple of news sources, that explain some of what is going on. I think it's getting closer.

http://www.alliraqnews.com/en/index.php?option=com_content&view=article&id=27673:mp-assures-international-uns-attempts-to-release-iraq-from-7th-chapter&catid=35:political&Itemid=2

MP assures international, UN's attempts to release Iraq from 7th Chapter

Baghdad (AIN) –MP, Emad Yohana, of the Parliamentary Foreign Relations Committee stated "There are some international attempts and others by the United Nations to release Iraq from the Seventh Chapter of the UN's Charter."

He stated to All Iraq News Agency (AIN) "There are some attempts by the UN and the Security Council to release Iraq from the Seventh Chapter," noting that "The UN and the members of the Security Council such as the United Kingdom and the United States of America interfered in this issue to bring the various views closer with the Kuwaiti side because it represents the only obstacle in this issue."

"Some files were discussed with the Kuwaiti side and it is approved forming committees and releasing Iraq from the Seventh Chapter will happen soon," he concluded. /End

http://www.kuna.net.kw/ArticleDetails.aspx?id=2290304&Language=en

EU amends sanctions regulation on Iraq

31/01/2013 | 10:57 PM | Gulf News

تصغير الخطتكبير الخط

BRUSSELS, Jan 31 (KUNA) -- The EU Foreign Ministers Council meeting here Thursday announced that it has amended regulation 1210/2003 concerning certain specific restrictions on economic and financial relations with Iraq.

"This will permit the transfer of frozen funds to the successor arrangements to the Development Fund for Iraq put in place by the Government of Iraq under the conditions set out in UN Security Council resolutions 1483 (2003) and 1956 (2010)," said the short statement without giving any details.

The Council also extended the sanctions against persons responsible for the misappropriation of Tunisian state funds, including former Tunisian President Zine El Abidine Ben Ali, by 12 months, i.e. until 31 January 2014. (end) nk.mt KUNA 312257 Jan 13NNNN

[keepmwlknfny]

I want to address the second article talking about deleting the zeros heard on Kap's Call he had on Mon Feb 4, during the Q&A session the second caller said what every one misses is that deleting the zeros does not apply to us the investors because it is just to finish up removing the rest of the 000 notes & that will only take place in Iraq, So all we are looking for is the float & pick the rate we want to cash in on or if need be cash small amounts until we see the rate we want so we can live with out debt. Sound like he was right about that so we should not worry about how long it takes to get to deleting the zeros because it could still happen in 6 months to a year.

By the way Kap's call was a good call if you have not heard it yet.