Article 36 of the CBI Law

[dontlop]

Also from the world bank link posted above

Natural resources play two basic roles in development:

• The fi rst, mostly applicable to the poorest countries and poorest

communities, is the role of local natural resources as the basis of

subsistence.

• The second is as a source of development fi nance. Commercial

natural resources can be important sources of profi t and foreign

exchange. Rents on exhaustible, renewable, and potentially

sustainable resources can be used to fi nance investments in other

forms of wealth. In the case of exhaustible resources these rents

must be invested if total wealth is not to decline.

[ewingm]

Waterman,  there's nothing wrong with currency speculation as long as you have done due dililgence in your research.  Very few dinarians did that.  They believed a myth.  A get rich 100,000% overnight RV making them rich beyond their dreams.  You know that is the truth.  You probably got into dinars for exactly the same reason.  Now do your due diligence and figure out how to exchange your old currency for the new following the RD.  You'll find your solutions to that problem are very few indeed.  Think about it without the koolaide in your hand.  Its not a feasible speculation.

Dontlop, you're back to the old cut and paste again.  You do that everytime you have no answer to my question.  Where are you going to redeem your dinars when it RV's.  Maybe you can jumpto the head of the line at the website.

[dontlop]

Natural Resource-Backed Structured Finance

I.Introduction

China is an energy-consuming country. Natural resources are crucial for China national growth, people's livelihood, economic and social development, national security. Given the looming gap between supply and demand, a key point of China's energy strategy is to ensure supply.

II.Services

(I) Definition

The arrangement of a loan using structured finance based on the long-term sales and purchase contract of natural resource products concluded between overseas borrower and domestic companies.The borrower's future sales revenue stated in the sales and purchase contract is used as the primary source to repay the loan.

(II) Target Clients

1. Borrower or its parent company is an international energy producer with rich reserve and high sales revenue;

2. Buyer is a large energy company in China;

3. Borrower or its subsidiaries subcontracts the engineering projects to Chinese companies.

III.Features

(I) Get large ICBC loan secured by the revenue generated through selling natural resources to Chinese companies under long-term contract;

(II) Loan amount after deducting principal and interest can be transferred back to exporter, no impact to the daily operation of the company;

(III) support Chinese companies to get natural resources or engineering contract.Loan can be used for different purposes, for general use or urban construction project of Chinese companies;

(IV) Tax, laws, commercial terms related to the loan can be arranged through ICBC's global branch network;

(V) Widely applied in the procurement of oil, natural gas, coal, metals, natural resources,or used with project finance or capital loan for overseas investment.

IV.Steps

(I) Borrower (authorized subcontract company, counterparty stated in the sales and purchase contract) submits application to ICBC;

(II) Check the creditability of borrower's company and the documentation given, discuss main terms and conditions. If agreed, ICBC issues to borrower letter of interest, letter of intent, and signs authorization letter;

(III) Discuss with borrower the terms of loan agreement (guarantee agreement), account agreement. ICBC proceeds due diligence and internal approval. Sign loan agreement with the borrower;

(IV) Before loan drawdown, borrower and domestic company (counterparty) sign commercial contract (oil trade contract and/or engineering subcontract);

(V)Borrower submits documentation stated in the loan agreement before drawdown.

Could Iraqs bilateral , trilateral , and multilateral trade agreements be structured to pay. For Iraqs currency revaluation

Critical to China’s economic successes in Africa has been the important use of the country’s state backed banking institutions. Under-pinning the aggressive buy-out of foreign resource companies, mineral and energy reserves and large institutional investment projects in the continents oil and infrastructure sectors, are a phalanx of state funding agencies supported by massive national reserves of accumulated liquidity of over US$2 trillion, ready to be shifted into the global market at a moments notice.

[waterman13]

Waterman,  there's nothing wrong with currency speculation as long as you have done due dililgence in your research.  Very few dinarians did that.  They believed a myth.  A get rich 100,000% overnight RV making them rich beyond their dreams.  You know that is the truth.  You probably got into dinars for exactly the same reason.  Now do your due diligence and figure out how to exchange your old currency for the new following the RD.  You'll find your solutions to that problem are very few indeed.  Think about it without the koolaide in your hand.  Its not a feasible speculation.

Dontlop, you're back to the old cut and paste again.  You do that everytime you have no answer to my question.  Where are you going to redeem your dinars when it RV's.  Maybe you can jumpto the head of the line at the website.

Already done that, haven't drunk ANY koolaid. There won't be an RD, it's going to be an RV or RI. Shabbi said it himself, (which I believe he's still in power at the World Bank) "IRAQ will have the strongest currency in the Middle East". Heard it with my own ears. We shall see, only did what God told me to do. And, you still haven't answered my question. Because you don't know. SQUAT

Wm13

Edited May 7, 2014 by waterman13

[dontlop]

ewingm, on 06 Apr 2014 - 8:45 PM, said:

Dontlop, you are a true believer, and I repect that. You debate with accurate historical data, without the GURU baloney. Its obvious you have researched this thououghly. .

Thanks

[ewingm]

Waterman,  You are right.  I have no idea how good old socialist Sorros made his money and I don't care.  I do care about this speculation because it is exceedingly dangerous.  Not sure what Shabbi said, but I know what the CBI has said on many occasions.  They are going to RD.  They just got held up by parliment.  They are going to delete the three zeros first with a currency redenimination, just like every other country has done recently.  That will bring the dinar to .86 of a dollar.  I believe they will then revalue up to one dollar where it will stay for quite a while.  The RD is coming, and that means currency exchange, just like what occurred in iraq in 2003.  Out with the old(yours) and in with the new...minus three zeros.  Good luck finding a place to take you old currency.  They will give you two years.  That's what the CBI said...two years.  And it all must be exchanged through websites because the dinar is not recognized outside iraq.   Good luck brother. 

[waterman13]

Believe what you want, I know what I have researched and I know what the plan is between the IMF, Federal Reserve, World Bank, The Crown (city of London), The Vatican Bank, and the CBI, (by the way all the same entity). Already have a plan in place and I know I will do well. By the way Soros got his "start" in what is now called the Chech Republic. Made a "boat load" of cash on currency speculation, in fact they (him and his cronies) orchestrated it. Maybe you should do more research?

Wm13

[ewingm]

I wouldn't waste my time researching Socialist Soros. He means nothing to me. It sounds like you have an inside track to the new world order.  I don't believe that koolaide either.  But I do know that with 80 trillion dinar out there, the CBI will not revalue one penny without cutting that number down to 80 billion with a three zero RD.  Why is it so hard for you people see that. Its like a taboo subject on most webites, and its the most consistent, logical pathway for the iraqis to take.  And they are going to do it.  Better make your plans now, brother.  Later you will just have to get in line with everybody else trying to find a place to exchange. 

[dontlop]

I wouldn't waste my time researching Socialist Soros. He means nothing to me. It sounds like you have an inside track to the new world order.  I don't believe that koolaide either.  But I do know that with 80 trillion dinar out there, the CBI will not revalue one penny without cutting that number down to 80 billion with a three zero RD.  Why is it so hard for you people see that. Its like a taboo subject on most webites, and its the most consistent, logical pathway for the iraqis to take.  And they are going to do it.  Better make your plans now, brother.  Later you will just have to get in line with everybody else trying to find a place to exchange.

Your tottaly intoxicated on lopster guru kool aid

[waterman13]

I wouldn't waste my time researching Socialist Soros. He means nothing to me. It sounds like you have an inside track to the new world order.  I don't believe that koolaide either.  But I do know that with 80 trillion dinar out there, the CBI will not revalue one penny without cutting that number down to 80 billion with a three zero RD.  Why is it so hard for you people see that. Its like a taboo subject on most webites, and its the most consistent, logical pathway for the iraqis to take.  And they are going to do it.  Better make your plans now, brother.  Later you will just have to get in line with everybody else trying to find a place to exchange. 

Well, you should because that is who is taking over this world. They are financially manipulating the masses into slavery to the system. It is a Fascist / Socialist ideal. 1% rule the 99% of the sheeple. It is the Illuminatti plan to rule the world. The New World Order, and if you don't understand their plan you will just be a part of it, a goat led to slaughter. 

Wm13

[ewingm]

Soros won't live long enough to see it.  He looks like he's got both feet in the grave already,  He's not pro- American so he can hit the trail as far as I'm concerned. He needs to go live in Russia for awhile.  Maybe say a few things against Putin.  After a few weeks in the Gulog, he'd be begging to come back to the States.  Course it has nothing to do with the iraqi dinar...the CBI is going to redenominate nomatter what Soros says. 

[waterman13]

He's already done his part, lived a long and prosperous life on the backs of the "little" people. Of course he is not pro American, he's just the opposite, and he's positioned himself to take advantage of the US collapse. You have absolutely NO understanding of the world financial system and who is manipulating it. I am done with this conversation. I pray God shows you some wisdom in this matter.

Wm13

[keepmwlknfny]

Well, you should because that is who is taking over this world. They are financially manipulating the masses into slavery to the system. It is a Fascist / Socialist ideal. 1% rule the 99% of the sheeple. It is the Illuminatti plan to rule the world. The New World Order, and if you don't understand their plan you will just be a part of it, a goat led to slaughter.

Wm13

Lol

[ewingm]

I love conspiracy theories, don't you Keepm?  I've heard them all.  World Trade Center was the CIA's doing,  UFO's landing in Arizona, Mermaid bodies washing up in Africa.  People will believe whatever koolaide you feed them.  Thats why so many bought into the dinar scheme.  New World Order, my rumpuss!  The rich have always been putting down the poor.  That's how its always been and that's how it will always be.  God's in charge of how this will all end, and He's already told us in Revelation.  Maybe the Antichrist is the New World Order.  Could be. I just don't think that time is here quite yet.  I don't worry about it.  God is still on His Throne  Amen..  

[ewingm]

First comes LOP, then comes small RV.  Why RV 80 Trillion dinar when you can RV only 80 Billion dinar?   Think about it people.  The iraqis are not going to throw their hard earned reserves away just to pad your speculator pockets.  Not now.  Not ever.  If you were in charge of protecting the reserves in the CBI, wouldn't you do it that way?

[RVPleaseToday]

The whole NWO concept is silly. The governments of the world can't agree on whether spit is wet, much less on an NWO. Conspiracy theories are dumb.

[dontlop]

The biggest problem is most people don't know what a new world order is

They have never looked up the terminology to know what the words mean

There have been many new world orders over the years

There were a few added after 911 on boarding planes

And shipping containers

Lots of security new world orders came after 911

But hey some nut writes a new world order theory and people seem to think that's what a new world order is ,some guys theory is what new world order is

There's been lots of them

There will be plenty more

Hitler tried to have his own kind of new world order

Look at what happened to him

Edited May 8, 2014 by dontlop

[Artitech]

I wouldn't waste my time researching Socialist Soros. He means nothing to me. It sounds like you have an inside track to the new world order.  I don't believe that koolaide either.  But I do know that with 80 trillion dinar out there, the CBI will not revalue one penny without cutting that number down to 80 billion with a three zero RD.  Why is it so hard for you people see that. Its like a taboo subject on most webites, and its the most consistent, logical pathway for the iraqis to take.  And they are going to do it.  Better make your plans now, brother.  Later you will just have to get in line with everybody else trying to find a place to exchange. 

Your Like all the know it alls at the race track. Before the race they all know how its going to end up. Then after the race when they lose they always claim they didnt see the horse that wins, some of his times on certain kinds of track or conditions, they always have an excuse as to why their horse didnt win ie. got bumped, got boxed in, ect. Im just wondering what your excuse will be. I will never know cause once this RV's, I sure wont be on this computer, I'll be fishing and you will be wondering what went wrong!! YEE-HAW

[caz1104]

The small percentage of New Born Again Currency Experts have one major flaw.................acceptance of others. It kills them to no end that others just don't fall to their feet and relish the ground they walk. They can't accept that others that don't agree with them just might have a mind of there own. LOPsters need to learn to let it go and accept that others may not always agree with them...................imo its something they come across at home/work & not just here. The need to be seen as a Savoir/Expert must be enormous and time consuming. Their view is valid as is anyone else's no matter what they believe. And until this ends (dinar) they really need to accept it or just move on. For the most part RVers won't change the minds of LOPsters & vice versa. I for one am cool with that, just quit trying to ram your (LOPster) beliefs down my throat.

[ewingm]

Caz, I can tell that my arguments have made you actually look at this dinar thing with new eyes, and you aren't liking what you see.  Not many websites to exchange are there Caz?  And because the currency must be authenticated before exchange, it will slow the process to a crawl.  It sure as heck can't be done electonically.  Its gonna be mail in your dinars and wait for you new ones.  Very slow.  Lots of room for corruption and people stealing your bills.  The big ship is sinking, Caz, run for a lifeboat now.

[sxsess]

I truly hope you decide to reduce your exposure!  I still cringe after reading about the sum you have invested in this... Did you do objective and impartial research on this thing (I hate to call it an investment)?  I beg you to read other sites and really sit down and analyse the economic and financial data of the absurdity of a mythical RV. Please don't misconstrue my comment as disrespectful; you must be a very intelligent man to have made money in the stock market.  However, if you fell into this mess due to friends, relatives, and/or guru BS, then I beg you to really get over the hump and realize this is all BS.

AdwRd. I realize you think this is going to be a net zero event or a loss. I feel there is a 50/50 chance that I will make some money here. I dont have liquid millions, but I can afford to lose this money I have invested here. My passion is the stock market (biotech sector), where I have done well. I prefer not to lose any money ever, but that is a fantasy if you invest or speculate in anything. I'm sure people here think I'm stupid for dumping so much into this, but I assure you I'm far from that. I appreciate your, keeps, and others concern. The way I look at investing and life in general is to take risk, calculated risk where I assess the risk/reward ratio according to my tolerance. I'm very comfortable with taking risk that I have determined to be worth it. Like I said earlier, I have done well with this philosophy. I may be wrong here, and if so I look at my overall gains v losses, which I can smile and say that up to now has worked well for me. I've never been one to throw all my eggs in one basket.