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
  • CRYPTO REWARDS!

    Full endorsement on this opportunity - but it's limited, so get in while you can!

Email to DD Sept. 18, 2010


Eddinar
 Share

Recommended Posts

Hi Everyone-

We are on VERY HIGH ALERT right now. (Evidence of this will be provided in the

paragraphs to follow.) It’s looking like the revalue process has been triggered.

It’s possible it will not show up for us in the US for a couple of days,

however. The rate is expected to be very high (higher than what you would

expect). If it revalues very high, its purpose is to encourage people to

exchange, so that this high-denomination currency goes back to the Central Bank

of Iraq to be destroyed. The Iraq government needs to get those bills out of

circulation because they are unwieldy, now that they are worth so much. After

all, do you keep a bill worth several thousand dollars in your wallet, to buy

groceries with?

That possibility does not mean that you are to panic and rush to exchange.

Rumors will abound that you should exchange immediately or you will “lose out.”

Carefully assess whether what you are hearing is valid. I will do my best to get

to the truth and pass it on but ultimately you are in charge of this investment

for yourself. If it comes out very high, it will eventually go down and we

should be watching for any time-frame being announced for how long they intend

to keep it at that rate (assuming they are not setting the initial rate to be

forex-driven). There is a precedence for allowing it to be at the high rate for

weeks, but we can’t count on anything in this investment, as we have already

seen. What I have heard is that the Kuwait dinar came out at $2.47 and after 6

hours it went up to $7.49; the next day it was at $9.00 and stayed there for 30

days. Then after 90 days, and the months that followed, it stabilized at $3.44.

If the IQD revalue comes out at a very low rate (eg., US$.86= 1 IQD; but I

personally feel that this is unlikely) then it could take as little as 30 days

to go above US$3.

Please note that I am not qualified to advise you about whether you should

exchange at a certain time. Whether you arrange to exchange immediately or later

is up to you. I am only advising that you not act out of fear. Whether you

exchange with DinarTrade or a bank or somewhere else is also up to you. I will

do my best to get you information that will help you make decisions but you

should be proactive and find out what you can on your own. Be careful who you

listen to. I am hearing some less-than-wise advice being disseminated on the

forums. I believe you will find some good information on Keep the Faith Missions

(Frank26’s posts, and wherever he directs you; other posts, just because the are

on KTFM, do not mean they are valid or truthful). Be careful regardless. Fear

statements that you will “lose” can cause you to act rashly.

If you are not going to use DinarTrade, be sure you are very clear about the

financial institution’s procedures for exchange, ahead of time. Airport

exchanges are not likely to have much cash on hand; some banks are not really

set up for this and will take 1-3 weeks to get your money to you (the dinar will

be sent somewhere else for exchange). Wells Fargo is a good place to start

exploring, if you have one in your area. I have had very good experiences with

the Manager and his staff at my Wells Fargo branch. When I went there last

December, I had the opposite experience at the same branch with a Manager and

staff who are no longer there. Conversely, when I went to my Chase bank branch

last December, I had a very good experience with the Manager and staff and now

they are all gone; it’s like night and day with the new Manager and staff; I’m

not as comfortable. So, if you don’t feel comfortable in one branch, try

another. Remember that a list of banks that have agreed to a rate will be posted

on Keep the Faith Missions and that knowledge will help you negotiate with your

financial institution.

Just a reminder: I am under extreme pressure caring for my husband right now so

it is best that you don’t rely on me too heavily. You can email me with

questions but I may not be able to answer you in a timely manner or at all.

The following information provides the very strong indication that this revalue

has already been triggered, besides the Intel that is confirming it, from

several sources. Here’s what is known.

Three events, which are essential to this revalue going forward, have occurred

that are revealing that this revalue has happened:

A) The currency has been elevated to a world-tradeable currency. This has now

been completed as shown by #1 below.

B) The currency is being “paired” on the forex market. A currency is traded on

the forex in pairs. This has now been completed as shown by #2 below.

C) The currency is being set up to “peg” with another currency, such as the US$

or the Euro. This is currently in process: It is supposed to take 4-7 days to

complete this last step. It has been estimated that it has already been 5 days

since the process started and it has been established that the process can’t go

beyond 9/15/10 (which is the deadline for the currency to go international, in

order to “go live” on the ISX [iraq Stock Exchange], which it is scheduled to do

on October 15, 2010), so it is imminent. [see #3 below.] It can take hours, to

2-3 days, after it pegs to be available for exchange, and when that happens

actually depends on the financial institution offering it for exchange (i.e.,

how soon they are ready). To understand what being “pegged” to another currency

means, look here: http://en.wikipedia.org/wiki/Fixed_exchange_rate

1) The IQD (Iraq Dinar) has been moved from the Exotic Currency List to the

World Markets list. You will see it listed here:

http://www.forex-internet.com/worldscurrencies.htm

2) All the forex sites are now showing the pairing of the IQD with other

currencies (Example: The links below show the IQD pairing with the US Dollar and

the Great British Pound= GBP, respectively). Please let me know if you find a

forex site that is not showing it being paired with another currency:

IQD/USD pairing:

http://www.forex.tradingcharts.com/chart/US%20Dollar_Iraqi%20Dinar....

IQD/GBP pairing:

http://www.forex.tradingcharts.com/chart/Iraqi%20Dinar_Pound%20Ster...

Look at this pairing (especially the “waiting for new pairings,” in a lower

section of the page):

http://www.wcrane.com/iraq/

3) On October 15, 2010 the IQD is scheduled to “go live” on the Iraq Stock

Exchange (ISX). The international stock exchange rules are that, for a currency

to be tradable on the stock exchange, it must be internationally

recognized/tradable at least 30 days before going live. There are no extensions

allowed. If this deadline is missed, the repercussions for Iraq will be

devastating ,so it is highly unlikely they will blow this. Therefore, if the IQD

doesn’t show up as being revalued within a few days after today’s deadline, my

only explanation will be that it has been released behind the scenes and it’s

just not being released to the public. But, in that case, it must show up on

10/15/2010. I believe that it is highly unlikely that they will wait until it

has to go live, and legally they may not be allowed to wait that long or wait at

all.

* * *

Note also that the Central Bank of Iraq (CBI) WAS expected to re-open Tuesday

9/13/10 after being closed for the post-Ramadan celebrations.

***

The following indicates that Iraq/the IQD is no longer on the OFAC list (the

OFAC list has the terrorist countries on it):

On September 13, 2010, the Office of Foreign Assets Control (“OFAC”) removed the

Iraqi Sanctions Regulations, 31 C.F.R. Part 575 from 31 C.F.R. chapter V, and

added the Iraq Stabilization and Insurgency Sanctions Regulations (“ISISR”) as

new part 576 to 31 C.F.R. chapter V. The ISISR implement Executive Order 13303

of May 22, 2003, Executive Order 13315 of August 28, 2003, Executive Order 13350

of July 29, 2004, Executive Order 13364 of November 29, 2004, and Executive

Order 13438 of July 17, 2007.

See this pdf with more:

http://www.treas.gov/offices/enforcement/ofac/legal/regs/31cfr576.pdf

The Office of Foreign Assets Control (OFAC) is an agency of the United States

Department of the Treasury under the auspices of the Under Secretary of the

Treasury for Terrorism and Financial Intelligence. OFAC administers and enforces

economic and trade sanctions based on U.S. foreign policy and national security

goals against targeted foreign states, organizations, and individuals.

***

There has been news that all the important Chapter 7 sanctions against Iraq have

quietly been lifted. Here is one article supporting that:

http://www.csmonitor.com/World/Middle-East/2010/0909/Iraq-to-pay-40...

  • Upvote 7
Link to comment
Share on other sites

Hi Everyone-

We are on VERY HIGH ALERT right now. (Evidence of this will be provided in the

paragraphs to follow.) It’s looking like the revalue process has been triggered.

It’s possible it will not show up for us in the US for a couple of days,

however. The rate is expected to be very high (higher than what you would

expect). If it revalues very high, its purpose is to encourage people to

exchange, so that this high-denomination currency goes back to the Central Bank

of Iraq to be destroyed. The Iraq government needs to get those bills out of

circulation because they are unwieldy, now that they are worth so much. After

all, do you keep a bill worth several thousand dollars in your wallet, to buy

groceries with?

That possibility does not mean that you are to panic and rush to exchange.

Rumors will abound that you should exchange immediately or you will “lose out.”

Carefully assess whether what you are hearing is valid. I will do my best to get

to the truth and pass it on but ultimately you are in charge of this investment

for yourself. If it comes out very high, it will eventually go down and we

should be watching for any time-frame being announced for how long they intend

to keep it at that rate (assuming they are not setting the initial rate to be

forex-driven). There is a precedence for allowing it to be at the high rate for

weeks, but we can’t count on anything in this investment, as we have already

seen. What I have heard is that the Kuwait dinar came out at $2.47 and after 6

hours it went up to $7.49; the next day it was at $9.00 and stayed there for 30

days. Then after 90 days, and the months that followed, it stabilized at $3.44.

If the IQD revalue comes out at a very low rate (eg., US$.86= 1 IQD; but I

personally feel that this is unlikely) then it could take as little as 30 days

to go above US$3.

Please note that I am not qualified to advise you about whether you should

exchange at a certain time. Whether you arrange to exchange immediately or later

is up to you. I am only advising that you not act out of fear. Whether you

exchange with DinarTrade or a bank or somewhere else is also up to you. I will

do my best to get you information that will help you make decisions but you

should be proactive and find out what you can on your own. Be careful who you

listen to. I am hearing some less-than-wise advice being disseminated on the

forums. I believe you will find some good information on Keep the Faith Missions

(Frank26’s posts, and wherever he directs you; other posts, just because the are

on KTFM, do not mean they are valid or truthful). Be careful regardless. Fear

statements that you will “lose” can cause you to act rashly.

If you are not going to use DinarTrade, be sure you are very clear about the

financial institution’s procedures for exchange, ahead of time. Airport

exchanges are not likely to have much cash on hand; some banks are not really

set up for this and will take 1-3 weeks to get your money to you (the dinar will

be sent somewhere else for exchange). Wells Fargo is a good place to start

exploring, if you have one in your area. I have had very good experiences with

the Manager and his staff at my Wells Fargo branch. When I went there last

December, I had the opposite experience at the same branch with a Manager and

staff who are no longer there. Conversely, when I went to my Chase bank branch

last December, I had a very good experience with the Manager and staff and now

they are all gone; it’s like night and day with the new Manager and staff; I’m

not as comfortable. So, if you don’t feel comfortable in one branch, try

another. Remember that a list of banks that have agreed to a rate will be posted

on Keep the Faith Missions and that knowledge will help you negotiate with your

financial institution.

Just a reminder: I am under extreme pressure caring for my husband right now so

it is best that you don’t rely on me too heavily. You can email me with

questions but I may not be able to answer you in a timely manner or at all.

The following information provides the very strong indication that this revalue

has already been triggered, besides the Intel that is confirming it, from

several sources. Here’s what is known.

Three events, which are essential to this revalue going forward, have occurred

that are revealing that this revalue has happened:

A) The currency has been elevated to a world-tradeable currency. This has now

been completed as shown by #1 below.

B) The currency is being “paired” on the forex market. A currency is traded on

the forex in pairs. This has now been completed as shown by #2 below.

C) The currency is being set up to “peg” with another currency, such as the US$

or the Euro. This is currently in process: It is supposed to take 4-7 days to

complete this last step. It has been estimated that it has already been 5 days

since the process started and it has been established that the process can’t go

beyond 9/15/10 (which is the deadline for the currency to go international, in

order to “go live” on the ISX [iraq Stock Exchange], which it is scheduled to do

on October 15, 2010), so it is imminent. [see #3 below.] It can take hours, to

2-3 days, after it pegs to be available for exchange, and when that happens

actually depends on the financial institution offering it for exchange (i.e.,

how soon they are ready). To understand what being “pegged” to another currency

means, look here: http://en.wikipedia.org/wiki/Fixed_exchange_rate

1) The IQD (Iraq Dinar) has been moved from the Exotic Currency List to the

World Markets list. You will see it listed here:

http://www.forex-internet.com/worldscurrencies.htm

2) All the forex sites are now showing the pairing of the IQD with other

currencies (Example: The links below show the IQD pairing with the US Dollar and

the Great British Pound= GBP, respectively). Please let me know if you find a

forex site that is not showing it being paired with another currency:

IQD/USD pairing:

http://www.forex.tradingcharts.com/chart/US%20Dollar_Iraqi%20Dinar....

IQD/GBP pairing:

http://www.forex.tradingcharts.com/chart/Iraqi%20Dinar_Pound%20Ster...

Look at this pairing (especially the “waiting for new pairings,” in a lower

section of the page):

http://www.wcrane.com/iraq/

3) On October 15, 2010 the IQD is scheduled to “go live” on the Iraq Stock

Exchange (ISX). The international stock exchange rules are that, for a currency

to be tradable on the stock exchange, it must be internationally

recognized/tradable at least 30 days before going live. There are no extensions

allowed. If this deadline is missed, the repercussions for Iraq will be

devastating ,so it is highly unlikely they will blow this. Therefore, if the IQD

doesn’t show up as being revalued within a few days after today’s deadline, my

only explanation will be that it has been released behind the scenes and it’s

just not being released to the public. But, in that case, it must show up on

10/15/2010. I believe that it is highly unlikely that they will wait until it

has to go live, and legally they may not be allowed to wait that long or wait at

all.

* * *

Note also that the Central Bank of Iraq (CBI) WAS expected to re-open Tuesday

9/13/10 after being closed for the post-Ramadan celebrations.

***

The following indicates that Iraq/the IQD is no longer on the OFAC list (the

OFAC list has the terrorist countries on it):

On September 13, 2010, the Office of Foreign Assets Control (“OFAC”) removed the

Iraqi Sanctions Regulations, 31 C.F.R. Part 575 from 31 C.F.R. chapter V, and

added the Iraq Stabilization and Insurgency Sanctions Regulations (“ISISR”) as

new part 576 to 31 C.F.R. chapter V. The ISISR implement Executive Order 13303

of May 22, 2003, Executive Order 13315 of August 28, 2003, Executive Order 13350

of July 29, 2004, Executive Order 13364 of November 29, 2004, and Executive

Order 13438 of July 17, 2007.

See this pdf with more:

http://www.treas.gov/offices/enforcement/ofac/legal/regs/31cfr576.pdf

The Office of Foreign Assets Control (OFAC) is an agency of the United States

Department of the Treasury under the auspices of the Under Secretary of the

Treasury for Terrorism and Financial Intelligence. OFAC administers and enforces

economic and trade sanctions based on U.S. foreign policy and national security

goals against targeted foreign states, organizations, and individuals.

***

There has been news that all the important Chapter 7 sanctions against Iraq have

quietly been lifted. Here is one article supporting that:

http://www.csmonitor.com/World/Middle-East/2010/0909/Iraq-to-pay-40...

now that's what i call a GREAT post!!!! thank you so much for the time you put into this.

  • Upvote 1
  • Downvote 2
Link to comment
Share on other sites

i actually know the person who wrote this...she emailed it last week to the people on her mailing list...very nice woman and she send updates to you along with other great info like asset protection, taxes and other stuff.......pm me your email and i can give to her to put you on her mailing list...she is very intelligent.....thx eddinar

  • Upvote 1
  • Downvote 1
Link to comment
Share on other sites

This is great only it is now the 19th here in Iraq, so I am going to take a stab in the dark and say this contributor missed the mark.

But who knows what today will bring. I have read that the Parliament will meet today, and will officially start the process of placing people on to leadership

on Thursday.

Link to comment
Share on other sites

* DD: Emailed to me… Don’t know who or what… (Very High Alert)

September 18, 2010 · Posted in CHATS / POSTS

Hi Everyone-

We are on VERY HIGH ALERT right now. (Evidence of this will be provided in the

paragraphs to follow.) It’s looking like the revalue process has been triggered.

It’s possible it will not show up for us in the US for a couple of days,

however. The rate is expected to be very high (higher than what you would

expect). If it revalues very high, its purpose is to encourage people to

exchange, so that this high-denomination currency goes back to the Central Bank

of Iraq to be destroyed. The Iraq government needs to get those bills out of

circulation because they are unwieldy, now that they are worth so much. After

all, do you keep a bill worth several thousand dollars in your wallet, to buy

groceries with?

That possibility does not mean that you are to panic and rush to exchange.

Rumors will abound that you should exchange immediately or you will “lose out.”

Carefully assess whether what you are hearing is valid. I will do my best to get

to the truth and pass it on but ultimately you are in charge of this investment

for yourself. If it comes out very high, it will eventually go down and we

should be watching for any time-frame being announced for how long they intend

to keep it at that rate (assuming they are not setting the initial rate to be

forex-driven). There is a precedence for allowing it to be at the high rate for

weeks, but we can’t count on anything in this investment, as we have already

seen. What I have heard is that the Kuwait dinar came out at $2.47 and after 6

hours it went up to $7.49; the next day it was at $9.00 and stayed there for 30

days. Then after 90 days, and the months that followed, it stabilized at $3.44.

If the IQD revalue comes out at a very low rate (eg., US$.86= 1 IQD; but I

personally feel that this is unlikely) then it could take as little as 30 days

to go above US$3.

Please note that I am not qualified to advise you about whether you should

exchange at a certain time. Whether you arrange to exchange immediately or later

is up to you. I am only advising that you not act out of fear. Whether you

exchange with DinarTrade or a bank or somewhere else is also up to you. I will

do my best to get you information that will help you make decisions but you

should be proactive and find out what you can on your own. Be careful who you

listen to. I am hearing some less-than-wise advice being disseminated on the

forums. I believe you will find some good information on Keep the Faith Missions

(Frank26’s posts, and wherever he directs you; other posts, just because the are

on KTFM, do not mean they are valid or truthful). Be careful regardless. Fear

statements that you will “lose” can cause you to act rashly.

If you are not going to use DinarTrade, be sure you are very clear about the

financial institution’s procedures for exchange, ahead of time. Airport

exchanges are not likely to have much cash on hand; some banks are not really

set up for this and will take 1-3 weeks to get your money to you (the dinar will

be sent somewhere else for exchange). Wells Fargo is a good place to start

exploring, if you have one in your area. I have had very good experiences with

the Manager and his staff at my Wells Fargo branch. When I went there last

December, I had the opposite experience at the same branch with a Manager and

staff who are no longer there. Conversely, when I went to my Chase bank branch

last December, I had a very good experience with the Manager and staff and now

they are all gone; it’s like night and day with the new Manager and staff; I’m

not as comfortable. So, if you don’t feel comfortable in one branch, try

another. Remember that a list of banks that have agreed to a rate will be posted

on Keep the Faith Missions and that knowledge will help you negotiate with your

financial institution.

Just a reminder: I am under extreme pressure caring for my husband right now so

it is best that you don’t rely on me too heavily. You can email me with

questions but I may not be able to answer you in a timely manner or at all.

The following information provides the very strong indication that this revalue

has already been triggered, besides the Intel that is confirming it, from

several sources. Here’s what is known.

Three events, which are essential to this revalue going forward, have occurred

that are revealing that this revalue has happened:

A) The currency has been elevated to a world-tradeable currency. This has now

been completed as shown by #1 below.

B) The currency is being “paired” on the forex market. A currency is traded on

the forex in pairs. This has now been completed as shown by #2 below.

C) The currency is being set up to “peg” with another currency, such as the US$

or the Euro. This is currently in process: It is supposed to take 4-7 days to

complete this last step. It has been estimated that it has already been 5 days

since the process started and it has been established that the process can’t go

beyond 9/15/10 (which is the deadline for the currency to go international, in

order to “go live” on the ISX [iraq Stock Exchange], which it is scheduled to do

on October 15, 2010), so it is imminent. [see #3 below.] It can take hours, to

2-3 days, after it pegs to be available for exchange, and when that happens

actually depends on the financial institution offering it for exchange (i.e.,

how soon they are ready). To understand what being “pegged” to another currency

means, look here: http://en.wikipedia.org/wiki/Fixed_exchange_rate

1) The IQD (Iraq Dinar) has been moved from the Exotic Currency List to the

World Markets list. You will see it listed here:

http://www.forex-internet.com/worldscurrencies.htm

2) All the forex sites are now showing the pairing of the IQD with other

currencies (Example: The links below show the IQD pairing with the US Dollar and

the Great British Pound= GBP, respectively). Please let me know if you find a

forex site that is not showing it being paired with another currency:

IQD/USD pairing:

http://www.forex.tradingcharts.com/chart/US%20Dollar_Iraqi%20Dinar....

IQD/GBP pairing:

http://www.forex.tradingcharts.com/chart/Iraqi%20Dinar_Pound%20Ster...

Look at this pairing (especially the “waiting for new pairings,” in a lower

section of the page):

http://www.wcrane.com/iraq/

3) On October 15, 2010 the IQD is scheduled to “go live” on the Iraq Stock

Exchange (ISX). The international stock exchange rules are that, for a currency

to be tradable on the stock exchange, it must be internationally

recognized/tradable at least 30 days before going live. There are no extensions

allowed. If this deadline is missed, the repercussions for Iraq will be

devastating ,so it is highly unlikely they will blow this. Therefore, if the IQD

doesn’t show up as being revalued within a few days after today’s deadline, my

only explanation will be that it has been released behind the scenes and it’s

just not being released to the public. But, in that case, it must show up on

10/15/2010. I believe that it is highly unlikely that they will wait until it

has to go live, and legally they may not be allowed to wait that long or wait at

all.

* * *

Note also that the Central Bank of Iraq (CBI) WAS expected to re-open Tuesday

9/13/10 after being closed for the post-Ramadan celebrations.

***

The following indicates that Iraq/the IQD is no longer on the OFAC list (the

OFAC list has the terrorist countries on it):

On September 13, 2010, the Office of Foreign Assets Control (“OFAC”) removed the

Iraqi Sanctions Regulations, 31 C.F.R. Part 575 from 31 C.F.R. chapter V, and

added the Iraq Stabilization and Insurgency Sanctions Regulations (“ISISR”) as

new part 576 to 31 C.F.R. chapter V. The ISISR implement Executive Order 13303

of May 22, 2003, Executive Order 13315 of August 28, 2003, Executive Order 13350

of July 29, 2004, Executive Order 13364 of November 29, 2004, and Executive

Order 13438 of July 17, 2007.

See this pdf with more:

http://www.treas.gov/offices/enforcement/ofac/legal/regs/31cfr576.pdf

The Office of Foreign Assets Control (OFAC) is an agency of the United States

Department of the Treasury under the auspices of the Under Secretary of the

Treasury for Terrorism and Financial Intelligence. OFAC administers and enforces

economic and trade sanctions based on U.S. foreign policy and national security

goals against targeted foreign states, organizations, and individuals.

***

There has been news that all the important Chapter 7 sanctions against Iraq have

quietly been lifted. Here is one article supporting that:

http://www.csmonitor.com/World/Middle-East/2010/0909/Iraq-to-pay-40...

Tags: no tags

  • Upvote 2
Link to comment
Share on other sites

Hi Everyone-

VERY HIGH ALERT

can’t go beyond 9/15/10 (which is the deadline for the currency to go international, in

order to “go live” on the ISX [iraq Stock Exchange],

Hmmmm....did I miss something??? My iphone says the date is September 18th. These rumors are as old as Moses' toes.

"High Alert" :lol: That reminds me of when Med used to do his "red alert" updates! :lol:

I think I need to stay out of the rumors section. This is getting pitiful. :(

  • Upvote 1
Link to comment
Share on other sites

Thanks for the post. It all sounds great to me, but I don' t think I'd refer to $.86 as 'low'. That would be a dramatic increase in profits for all of us, but hey, $2.47 is just that much better.

I guess all we have to do now is wait a bit longer. I've been holding since 2004, so what's a few more days going to matter.

Thanks again,

Link to comment
Share on other sites

Hmmmm....did I miss something??? My iphone says the date is September 18th. These rumors are as old as Moses' toes.

"High Alert" :lol: That reminds me of when Med used to do his "red alert" updates! :lol:

I think I need to stay out of the rumors section. This is getting pitiful. :(

I TOTALLY AGREE WITH YOU....

Link to comment
Share on other sites

* DD: Emailed to me… Don’t know who or what… (Very High Alert)

September 18, 2010 · Posted in CHATS / POSTS

Hi Everyone-

We are on VERY HIGH ALERT right now. (Evidence of this will be provided in the

paragraphs to follow.) It’s looking like the revalue process has been triggered.

It’s possible it will not show up for us in the US for a couple of days,

however. The rate is expected to be very high (higher than what you would

expect). If it revalues very high, its purpose is to encourage people to

exchange, so that this high-denomination currency goes back to the Central Bank

of Iraq to be destroyed. The Iraq government needs to get those bills out of

circulation because they are unwieldy, now that they are worth so much. After

all, do you keep a bill worth several thousand dollars in your wallet, to buy

groceries with?

That possibility does not mean that you are to panic and rush to exchange.

Rumors will abound that you should exchange immediately or you will “lose out.”

Carefully assess whether what you are hearing is valid. I will do my best to get

to the truth and pass it on but ultimately you are in charge of this investment

for yourself. If it comes out very high, it will eventually go down and we

should be watching for any time-frame being announced for how long they intend

to keep it at that rate (assuming they are not setting the initial rate to be

forex-driven). There is a precedence for allowing it to be at the high rate for

weeks, but we can’t count on anything in this investment, as we have already

seen. What I have heard is that the Kuwait dinar came out at $2.47 and after 6

hours it went up to $7.49; the next day it was at $9.00 and stayed there for 30

days. Then after 90 days, and the months that followed, it stabilized at $3.44.

If the IQD revalue comes out at a very low rate (eg., US$.86= 1 IQD; but I

personally feel that this is unlikely) then it could take as little as 30 days

to go above US$3.

Please note that I am not qualified to advise you about whether you should

exchange at a certain time. Whether you arrange to exchange immediately or later

is up to you. I am only advising that you not act out of fear. Whether you

exchange with DinarTrade or a bank or somewhere else is also up to you. I will

do my best to get you information that will help you make decisions but you

should be proactive and find out what you can on your own. Be careful who you

listen to. I am hearing some less-than-wise advice being disseminated on the

forums. I believe you will find some good information on Keep the Faith Missions

(Frank26’s posts, and wherever he directs you; other posts, just because the are

on KTFM, do not mean they are valid or truthful). Be careful regardless. Fear

statements that you will “lose” can cause you to act rashly.

If you are not going to use DinarTrade, be sure you are very clear about the

financial institution’s procedures for exchange, ahead of time. Airport

exchanges are not likely to have much cash on hand; some banks are not really

set up for this and will take 1-3 weeks to get your money to you (the dinar will

be sent somewhere else for exchange). Wells Fargo is a good place to start

exploring, if you have one in your area. I have had very good experiences with

the Manager and his staff at my Wells Fargo branch. When I went there last

December, I had the opposite experience at the same branch with a Manager and

staff who are no longer there. Conversely, when I went to my Chase bank branch

last December, I had a very good experience with the Manager and staff and now

they are all gone; it’s like night and day with the new Manager and staff; I’m

not as comfortable. So, if you don’t feel comfortable in one branch, try

another. Remember that a list of banks that have agreed to a rate will be posted

on Keep the Faith Missions and that knowledge will help you negotiate with your

financial institution.

Just a reminder: I am under extreme pressure caring for my husband right now so

it is best that you don’t rely on me too heavily. You can email me with

questions but I may not be able to answer you in a timely manner or at all.

The following information provides the very strong indication that this revalue

has already been triggered, besides the Intel that is confirming it, from

several sources. Here’s what is known.

Three events, which are essential to this revalue going forward, have occurred

that are revealing that this revalue has happened:

A) The currency has been elevated to a world-tradeable currency. This has now

been completed as shown by #1 below.

B) The currency is being “paired” on the forex market. A currency is traded on

the forex in pairs. This has now been completed as shown by #2 below.

C) The currency is being set up to “peg” with another currency, such as the US$

or the Euro. This is currently in process: It is supposed to take 4-7 days to

complete this last step. It has been estimated that it has already been 5 days

since the process started and it has been established that the process can’t go

beyond 9/15/10 (which is the deadline for the currency to go international, in

order to “go live” on the ISX [iraq Stock Exchange], which it is scheduled to do

on October 15, 2010), so it is imminent. [see #3 below.] It can take hours, to

2-3 days, after it pegs to be available for exchange, and when that happens

actually depends on the financial institution offering it for exchange (i.e.,

how soon they are ready). To understand what being “pegged” to another currency

means, look here: http://en.wikipedia....d_exchange_rate

1) The IQD (Iraq Dinar) has been moved from the Exotic Currency List to the

World Markets list. You will see it listed here:

http://www.forex-int...scurrencies.htm

2) All the forex sites are now showing the pairing of the IQD with other

currencies (Example: The links below show the IQD pairing with the US Dollar and

the Great British Pound= GBP, respectively). Please let me know if you find a

forex site that is not showing it being paired with another currency:

IQD/USD pairing:

http://www.forex.tra...aqi%20Dinar....

IQD/GBP pairing:

http://www.forex.tra...Pound%20Ster...

Look at this pairing (especially the “waiting for new pairings,” in a lower

section of the page):

http://www.wcrane.com/iraq/

3) On October 15, 2010 the IQD is scheduled to “go live” on the Iraq Stock

Exchange (ISX). The international stock exchange rules are that, for a currency

to be tradable on the stock exchange, it must be internationally

recognized/tradable at least 30 days before going live. There are no extensions

allowed. If this deadline is missed, the repercussions for Iraq will be

devastating ,so it is highly unlikely they will blow this. Therefore, if the IQD

doesn’t show up as being revalued within a few days after today’s deadline, my

only explanation will be that it has been released behind the scenes and it’s

just not being released to the public. But, in that case, it must show up on

10/15/2010. I believe that it is highly unlikely that they will wait until it

has to go live, and legally they may not be allowed to wait that long or wait at

all.

* * *

Note also that the Central Bank of Iraq (CBI) WAS expected to re-open Tuesday

9/13/10 after being closed for the post-Ramadan celebrations.

***

The following indicates that Iraq/the IQD is no longer on the OFAC list (the

OFAC list has the terrorist countries on it):

On September 13, 2010, the Office of Foreign Assets Control (“OFAC”) removed the

Iraqi Sanctions Regulations, 31 C.F.R. Part 575 from 31 C.F.R. chapter V, and

added the Iraq Stabilization and Insurgency Sanctions Regulations (“ISISR”) as

new part 576 to 31 C.F.R. chapter V. The ISISR implement Executive Order 13303

of May 22, 2003, Executive Order 13315 of August 28, 2003, Executive Order 13350

of July 29, 2004, Executive Order 13364 of November 29, 2004, and Executive

Order 13438 of July 17, 2007.

See this pdf with more:

http://www.treas.gov...gs/31cfr576.pdf

The Office of Foreign Assets Control (OFAC) is an agency of the United States

Department of the Treasury under the auspices of the Under Secretary of the

Treasury for Terrorism and Financial Intelligence. OFAC administers and enforces

economic and trade sanctions based on U.S. foreign policy and national security

goals against targeted foreign states, organizations, and individuals.

***

There has been news that all the important Chapter 7 sanctions against Iraq have

quietly been lifted. Here is one article supporting that:

http://www.csmonitor...aq-to-pay-40...

Tags: no tags

VERY GOOD LINKS TO PROOF WE ARE THERE!

Link to comment
Share on other sites

i actually know the person who wrote this...she emailed it last week to the people on her mailing list...very nice woman and she send updates to you along with other great info like asset protection, taxes and other stuff.......pm me your email and i can give to her to put you on her mailing list...she is very intelligent.....thx eddinar

Hi, I am new here and I really enjoyed reading that post!! I would love to be added to her contact list....my email is; dannybadams@hotmail.com. Thank you very much for your contribution to this forum eddinar!!

Link to comment
Share on other sites

Currency Auctions

Announcement No. (1736)

The latest daily currency auction was held in the Central Bank of Iraq on the 19-SEP-2010. The results were as follows:

DETAILSNOTESNumber of banks18Auction price selling dinar / US$1170Auction price buying dinar / US$-----Amount sold at auction price (US$)171,788,000Amount purchased at Auction price (US$)-----Total offers for buying (US$)171,788,000Total offers for selling (US$)-----

Link to comment
Share on other sites

i actually know the person who wrote this...she emailed it last week to the people on her mailing list...very nice woman and she send updates to you along with other great info like asset protection, taxes and other stuff.......pm me your email and i can give to her to put you on her mailing list...she is very intelligent.....thx eddinar

please have her add me to her mailing list.. jackiefbh@gmail.com thanks somuch

Link to comment
Share on other sites

Got this on J4D, I don't know the author, but thought it had some interesting info, just FYI. UR

Email to DD

Hi Everyone-

We are on VERY HIGH ALERT right now. (Evidence of this will be provided in the

paragraphs to follow.) It’s looking like the revalue process has been triggered.

It’s possible it will not show up for us in the US for a couple of days,

however. The rate is expected to be very high (higher than what you would

expect). If it revalues very high, its purpose is to encourage people to

exchange, so that this high-denomination currency goes back to the Central Bank

of Iraq to be destroyed. The Iraq government needs to get those bills out of

circulation because they are unwieldy, now that they are worth so much. After

all, do you keep a bill worth several thousand dollars in your wallet, to buy

groceries with?

That possibility does not mean that you are to panic and rush to exchange.

Rumors will abound that you should exchange immediately or you will “lose out.”

Carefully assess whether what you are hearing is valid. I will do my best to get

to the truth and pass it on but ultimately you are in charge of this investment

for yourself. If it comes out very high, it will eventually go down and we

should be watching for any time-frame being announced for how long they intend

to keep it at that rate (assuming they are not setting the initial rate to be

forex-driven). There is a precedence for allowing it to be at the high rate for

weeks, but we can’t count on anything in this investment, as we have already

seen. What I have heard is that the Kuwait dinar came out at $2.47 and after 6

hours it went up to $7.49; the next day it was at $9.00 and stayed there for 30

days. Then after 90 days, and the months that followed, it stabilized at $3.44.

If the IQD revalue comes out at a very low rate (eg., US$.86= 1 IQD; but I

personally feel that this is unlikely) then it could take as little as 30 days

to go above US$3.

Please note that I am not qualified to advise you about whether you should

exchange at a certain time. Whether you arrange to exchange immediately or later

is up to you. I am only advising that you not act out of fear. Whether you

exchange with DinarTrade or a bank or somewhere else is also up to you. I will

do my best to get you information that will help you make decisions but you

should be proactive and find out what you can on your own. Be careful who you

listen to. I am hearing some less-than-wise advice being disseminated on the

forums. I believe you will find some good information on Keep the Faith Missions

(Frank26’s posts, and wherever he directs you; other posts, just because the are

on KTFM, do not mean they are valid or truthful). Be careful regardless. Fear

statements that you will “lose” can cause you to act rashly.

If you are not going to use DinarTrade, be sure you are very clear about the

financial institution’s procedures for exchange, ahead of time. Airport

exchanges are not likely to have much cash on hand; some banks are not really

set up for this and will take 1-3 weeks to get your money to you (the dinar will

be sent somewhere else for exchange). Wells Fargo is a good place to start

exploring, if you have one in your area. I have had very good experiences with

the Manager and his staff at my Wells Fargo branch. When I went there last

December, I had the opposite experience at the same branch with a Manager and

staff who are no longer there. Conversely, when I went to my Chase bank branch

last December, I had a very good experience with the Manager and staff and now

they are all gone; it’s like night and day with the new Manager and staff; I’m

not as comfortable. So, if you don’t feel comfortable in one branch, try

another. Remember that a list of banks that have agreed to a rate will be posted

on Keep the Faith Missions and that knowledge will help you negotiate with your

financial institution.

Just a reminder: I am under extreme pressure caring for my husband right now so

it is best that you don’t rely on me too heavily. You can email me with

questions but I may not be able to answer you in a timely manner or at all.

The following information provides the very strong indication that this revalue

has already been triggered, besides the Intel that is confirming it, from

several sources. Here’s what is known.

Three events, which are essential to this revalue going forward, have occurred

that are revealing that this revalue has happened:

A) The currency has been elevated to a world-tradeable currency. This has now

been completed as shown by #1 below.

The currency is being “paired” on the forex market. A currency is traded on

the forex in pairs. This has now been completed as shown by #2 below.

C) The currency is being set up to “peg” with another currency, such as the US$

or the Euro. This is currently in process: It is supposed to take 4-7 days to

complete this last step. It has been estimated that it has already been 5 days

since the process started and it has been established that the process can’t go

beyond 9/15/10 (which is the deadline for the currency to go international, in

order to “go live” on the ISX [iraq Stock Exchange], which it is scheduled to do

on October 15, 2010), so it is imminent. [see #3 below.] It can take hours, to

2-3 days, after it pegs to be available for exchange, and when that happens

actually depends on the financial institution offering it for exchange (i.e.,

how soon they are ready). To understand what being “pegged” to another currency

means, look here: http://en.wikipedia....d_exchange_rate

1) The IQD (Iraq Dinar) has been moved from the Exotic Currency List to the

World Markets list. You will see it listed here:

http://www.forex-int...scurrencies.htm

2) All the forex sites are now showing the pairing of the IQD with other

currencies (Example: The links below show the IQD pairing with the US Dollar and

the Great British Pound= GBP, respectively). Please let me know if you find a

forex site that is not showing it being paired with another currency:

IQD/USD pairing:

http://www.forex.tra...aqi%20Dinar....

IQD/GBP pairing:

http://www.forex.tra...Pound%20Ster...

Look at this pairing (especially the “waiting for new pairings,” in a lower

section of the page):

http://www.wcrane.com/iraq/

3) On October 15, 2010 the IQD is scheduled to “go live” on the Iraq Stock

Exchange (ISX). The international stock exchange rules are that, for a currency

to be tradable on the stock exchange, it must be internationally

recognized/tradable at least 30 days before going live. There are no extensions

allowed. If this deadline is missed, the repercussions for Iraq will be

devastating ,so it is highly unlikely they will blow this. Therefore, if the IQD

doesn’t show up as being revalued within a few days after today’s deadline, my

only explanation will be that it has been released behind the scenes and it’s

just not being released to the public. But, in that case, it must show up on

10/15/2010. I believe that it is highly unlikely that they will wait until it

has to go live, and legally they may not be allowed to wait that long or wait at

all.

* * *

Note also that the Central Bank of Iraq (CBI) WAS expected to re-open Tuesday

9/13/10 after being closed for the post-Ramadan celebrations.

***

The following indicates that Iraq/the IQD is no longer on the OFAC list (the

OFAC list has the terrorist countries on it):

On September 13, 2010, the Office of Foreign Assets Control (“OFAC”) removed the

Iraqi Sanctions Regulations, 31 C.F.R. Part 575 from 31 C.F.R. chapter V, and

added the Iraq Stabilization and Insurgency Sanctions Regulations (“ISISR”) as

new part 576 to 31 C.F.R. chapter V. The ISISR implement Executive Order 13303

of May 22, 2003, Executive Order 13315 of August 28, 2003, Executive Order 13350

of July 29, 2004, Executive Order 13364 of November 29, 2004, and Executive

Order 13438 of July 17, 2007.

See this pdf with more:

http://www.treas.gov...gs/31cfr576.pdf

The Office of Foreign Assets Control (OFAC) is an agency of the United States

Department of the Treasury under the auspices of the Under Secretary of the

Treasury for Terrorism and Financial Intelligence. OFAC administers and enforces

economic and trade sanctions based on U.S. foreign policy and national security

goals against targeted foreign states, organizations, and individuals.

***

There has been news that all the important Chapter 7 sanctions against Iraq have

quietly been lifted. Here is one article supporting that:

http://www.csmonitor...aq-to-pay-40...

Read more:

  • Upvote 3
Link to comment
Share on other sites

Guest
This topic is now closed to further replies.
 Share

  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...

Important Information

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