DINAR VALUE -NOT GOOD

[valu]

i am amazed after all the comments directly from cbi, scooter and even maliki, that an investor would let themselves be drug into this writer's nitwit thinking. we are better than that.

[Logical1]

I can't wait to be wealthy!!!!

[Olsy19]

I just found the Q3 outlook this from the same website... Cautiuos but not nearly as pessimistic as Q1

Iraq Business Forecast Report Q3 2010 - new market report and analysis released

companiesandmarkets.com

2010-07-16 20:47:02 - Iraq Business Forecast Report Q3 2010 - a new market research report on companiesandmarkets.com

Bright Growth Outlook Despite Political Impasse ; In spite of the delays in the formation of a new Iraqi government following March 7s national elections, we maintain our sanguine outlook on the economy. Indeed, we believe that regardless of the formation of the next government, Baghdad will remain welcoming to foreign companies, and increasingly those in sectors other than

just oil and gas. As such, we have kept our GDP forecasts for Iraq broadly unchanged this quarter: between 2010 and 2014, we are pencilling in average growth of 5.6% per annum. We see real growth coming in at a relatively subdued 3.8% and 4.5% in 2010 and 2011 respectively, before expansion accelerates towards the end of the five-year forecast period on the back of increases in oil production capacity.

At the time of going to print, over two months on from Marchs polls, Iraq still does not have a new government. With the process of political horse trading still ongoing, in this report we outline three scenarios for coalition forming. Although we expect Baghdad to remain open to investment whoever is in charge, the eventual make up of the new government could have implications for long-term stability.

One path could lead to faster Sunni-Shia reconciliation and in turn enhanced political stability, while another could entrench Sunni disenfranchisement and potentially result in an uptick in sectarian violence. The third scenario, a government of national unity, would be unstable and liable to collapse.

For the foreseeable future, the cornerstone of the Iraqi economy will remain the oil sector. We stand by our view that given the multitude of challenges facing international oil companies in Iraq, realised production levels will come in far short of Baghdads targets. That said, output will still rise considerably over the coming years which, combined with our relatively bullish long-term oil price projections, should help to drive both oil sector and non-oil sector growth. As the government is the primary beneficiary of oil revenues, the public sector will be the primary driver of this non-oil growth. In addition, planned investment in infrastructure, particularly in electricity provision, should eventually help to boost private sector growth.

The improvements in the security situation mean that Iraq is now an increasingly viable investment destination, and Baghdad is keen to welcome in foreign businesses. Indeed, Iraq is luring greater numbers of foreign companies, and not just into the oil sector. For example, Emirates and Qatar Airways have recently announced plans to start up services to Iraq, and French shipping line CMA CGM is set to operate a renovated berth at the Iraqi port of Umm Qasr. Currency stability and a low inflation environment, both of which we expect to persist through the forecast period, are further factors that should enhance the business environment. However, investors must be prepared for a myriad of challenges, including endemic corruption, poor infrastructure, an unsophisticated financial services sector and Iraqs cumbersome bureaucracy.

[FloridaChick]

Thank you, tracytferrall, for the post!

It is time for all of us to realize that we have been told so many times that lots of confusing articles would come out of Iraq prior to RV. We also need to know that Iraq CANNOT survive without an internationally recognized currency. Their currency is worthless for the time being, and there are too many pending contracts waiting for a fair revaluation.

Scooter has given us lots of evidence that the Banking Reform is on track, and it should conclude by October 31, 2010.

Iraq has too much oil and natural gas to support a much stronger currency so needed to take care of their primary needs such as water, electricity, food, and - most of all - their right to live with dignity.

Even though religion should not be discussed in this forum, we CANNOT ignore the influence of it in politics. Just take a look at History and the Bible, and you will find three basic clues that should catch our attention.

Past Iraq, also known as Babylon, a prosperous, rich, the most important country commercially speaking;

present Iraq, due to wars, politics, and sectarian divisions, a sleeping giant trying to survive the challenges of the twenty-first century with a fifteenth century mind set;

future Iraq, according to Bible prophecy, will play a very important role among the nations of the Earth.

In order for Iraq to become again that Babylonian Empire, it will need a strong currency, a strong government, and a strong support and admiration from the nations that trade with the great empire of the future.

It is time for all of us - DVs - to be still and give ourselves a vote of confidence for our investment. We must believe in what we do or get out of it! If we allow the conflicting news to bother our peace of mind ... we may develop high blood pressure, anxiety, and many other related problems that we do not need to have at this time. We should know by now that there is a time for everything, and no matter what we do or think... QUE SERA, SERA, (whatever will be, will be). The blue sky is larger than the clouds that obstruct it!

Go RV! We are just a few more miles from finishing our race!- Barboza

Thank you Barboza for the common sense! Exactly what I needed to hear... I am so sold out and believing in this investment - not sure why I was beginning to feel such negative vibes on this forum but it is unfounded...

GoRV!!! You are right! We are very close!

[coyotemaker]

Ya'll think this writer is smarter and has put more work & research than Scooter has? I don't think so. Somebody always has to put their 23.4 dinars in. Thanks, but no thanks.

[Chief V]

thats why you got to diversify... im a big fan of the dong

I sure hope you're a female making comments like that, as well as sporting that hat.....LOL

[Unitedrich]

I sure hope you're a female making comments like that, as well as sporting that hat.....LOL

Good one, Chief!!

[outerspaceboy]

Iraq Business Forecast Report Q1 2010 - new market analysis released

http://www.live-pr.com/en/iraq-business-forecast-report-q-r1048556472.htm

I know the sate of the article read that it was posted yesterday. But if you read the article this had to be a headline in Sept of 2009. It is a 2010 Forcast prediction!!!!!!!!!!i! And the article talks about the future JAnuary 2010

election which already passed earlier this year.

OLD NEWS.

[RicknSaudi]

Thanks for the post