Phoenix explination of events

[nene]

great post thanks.

[valu]

if you read the WHOLE thing it was clear that phoenix was having some fun apparently at others who fell for it.

[LynnMarie]

TY Phoenix, very informative

[tuxunder]

Wow! tuxunder, you must be the life of the party...I bet your social calendar must be full. Talk about Mr. positive, mr. upbeat...... And on top of that you always add so much valuable and insightful information to every post....

No not really, why do you want to get together, I could use a friend. I will say this, my insight has been as good as anyone elses. Don't get sucked in by these snake oil salesman they are nothing but charlatans, also don't buy the hype, if this RVs it would be like hitting a long shot at the track, possibly a good investment considering the risk/reward while at the same time highly unlikely to win.

[DC1]

Phoenix:

Very good explanation - thank you for this.

Earlier, I have mentioned the Tuesday meeting, but should have made clear there will no doubt have to be reaction time - no immediate happening of any kind I think.

The anticipation of an rv that precedes the election may just be wishful thinking, but it has a certain logic.

It is easy to connect an rv to the lifting of UN Sanctions - it would seem either one has little meaning without the other. We shall have to see what the news on this may be after the Tuesday discussion.

Again - thank you for the explanation.

DC1

[john1025]

I know exactly how you feel. Try to remember though that an investment can take time and I truly believe it will happen. All the bs aside and we hear a lot of it! Try to think of it long term and don't listen to all the hype. Hang in there buddy. Many feel the way you do.

[JOHNJOHNNY]

Tux, you need to stop drinking the Kool-Aid my friend.

[jshannon3]

I see and RV in Uranus

..............................LMAO........On the Floor

[msm2137]

very nice post...thanks

[kamm]

Thanks also for the post kareroni. I understood it and hope your right.....

Edited February 14, 2010 by kamm
misspelt word

[Andy]

yes this sounds reasonable

[keepman07]

thank you for the informative post

[noitall]

good post i like it

[quadraph0nic]

*bump*

[LazySusan]

I used to call Tuxunder "Eyore" on chat .... he always plays devil's advocate. Turns out, he's been right all along! (so far) HAH!

I'm not drinking Koolaid - it's called "HOPE" .... something we all need in our lives. I won't let anyone's doom and gloom predictions take that away from me. Most naysayers see life as a glass half empty and will actually try to keep you from happiness and success by giving you every reason in the world why something can't or wont work, and just refuse to consider any other alternative. Those people are satisfied with mediocrity in themselves and their lives and actually thrive on pointing out every potential negative outcome. I am a "Half Glass Full" type of person and look for reasons and methods on how to make what I want happen. I choose hope rather than gloom. I'm not bashing Tuxunder in particular as realistically, he HAS been right ... so far. But everything I have read and researched coming out of Iraq, so nicely bullet pointed in Phoenix post, lead me to be believe we have every reason to continue to hope .... Thanks Phoenix and Kap for bringing it in.

This investment is much like the Wizard of Oz movie: You must have Courage, Heart and Intelligence to get to Oz.

[cranster]

from DD site....

Now I have always thought we would see the removal of Chapter 7 sanctions at or near the same time as the revaluation of the Iraqi Dinar and as stated before we see that they have set this Tuesday the 16th for the meeting on this very subject.

Oh�and by the way�did you know that this Thursday on the 18th there will be a

http://www.islingtontribune.com/reviews/features/2010/feb/feature-lecture-professor-ian-morisons-life-mars-talk-museum-London-feb-18

Be well and the best of luck to ALL!~

Phoenix

If you are talking about december 2010 tuesday is the 14th, not the 16th, and Thursday is the 16th, not the 18th. I think it will come in higher than a dollar.

Edited December 10, 2010 by cranster

[carol060906]

from DD site....

I do not frequent any of the listed dinar forums and it is nice to be able to see all of the �tid bits� in one place.

Here is something I shared with someone this am who was having doubts and I thought it would be good to share with all as a reminder.

Sometimes we need to take a glance back to see just from where we have come to know full well were we now stand.

Here is a refresher.

Iraqi is under chapter 7 UN sanctions and as we all know we may see the removal or modification of Chapter 7 sanctions this Tuesday the 16th as the UNSC meets on this very issue.

Chapter 7 is the 7th chapter of the UN charter which places nations under strong international economic

sanctions.

Iraq has been under UN Chapter 7 sanctions from 1991 until present.

They were placed under these sanctions right after the invasion of Kuwait.

It was under the authority of Chapter 7 sanctions that the UN/IMF/World Bank came into Iraq and took over the Central bank and the currency of Iraq.

When they did this they deemed all Iraqi Saddam Dinars void and issued the New Iraqi Dinar that we now hold.

This company DelaRue printed 9 Trillion IQD and they introduced this in October of 2003 and gave the Iraqis 3 months to exchange the old for the new.

A total of 4.5 trillion was exchanged and went into circulation and the rest was placed into protective storage.

When the new IQD was printed there were 14 denominations printed but only 9 have been issued to date and it is speculated the lower denominations that were not released are the ones that are about to go into circulation now as they remove the larger �zero notes�

It is speculated that the 5 missing denominations that we are about to see are the 25 dinar the 10 dinar the 5 dinar the 1 dinar and the 1/2 dinar notes.

When they did this change of currency they also devalued the currency to near worthless.

This massive devaluation was done for specific reasons.

Reason 1 was to prevent and hinder the resistance from having the funding to fight the US and British forces.

And the second reason was to prevent or reduce the pending humanitarian disaster that would have been caused by a flood of refugees into surrounding nations.

So by doing this massive over night devaluation they effectively froze/removed the personal monetary assets of all Iraqis.

Now it is under this same authority of the UN Chapter 7 and the sweeping powers it gives the international community over Iraqi assets that the revaluation of the Iraqi Dinar will happen and this also provides the legal bases of same.

So all that we will be seeing when the revaluation takes place is the return of the assets which were removed from the nation of Iraq and its people.

It is not like the nation of Iraq will be getting something out of no where�it is just that what was taken from the people and the nation of Iraq will be returned and even then only a fraction of what they once had.

So the reality of the situation is that after all is said and done the nation of Iraq after coming out of near 20 years of economic sanctions and after the return of the assets and wealth to the people and nation of Iraq the value of the Iraqi Dinar even AFTER the revaluation will be a fraction of what it was pre UN sanctions.

As it should be.

So what we are seeing now with all of the confusing articles on the removal of zeros is to be expected.

My analysis of all of the �removal of zero� articles is the following:

1. They are about to revalue the Iraqi Dinar to at or just above $1.00.

2. They at the same time will place into circulation the lower denominations, 25,10,5,1, and 1/2 dinar notes.

3. They will then give a set time for the removal of the �3 zero notes� (large denominations) and that deadline may be the end of 2010.

Now I have always thought we would see the removal of Chapter 7 sanctions at or near the same time as the revaluation of the Iraqi Dinar and as stated before we see that they have set this Tuesday the 16th for the meeting on this very subject.

So that is it�we see Iraq moving forward with the free and open democratic elections and we have the UNSC meeting this very week on the removal of Chapter 7 sanctions so all in all things are looking great.

So I just thought I would share this refresher with all on just where we have come from in an effort to clarify just where we now stand.

Hope that helps.

Oh�and by the way�did you know that this Thursday on the 18th there will be a

�Life on Mars� talk at the Museum of London presented by Professor Ian Morison?

Be there or be square! LOL!

http://www.islingtontribune.com/reviews/features/2010/feb/feature-lecture-professor-ian-morisons-life-mars-talk-museum-London-feb-18

Be well and the best of luck to ALL!~

Phoenix

The 16th is THURDAY not tuesday!

[kamm]

Thanks for the post kap. Steve

[deenar]

So 9 denoms have been printed? Is he counting coins?

[jam_az]

How can he post if he is banned?? That what it says under his name. Kaperoni has been gone from here for some time, now. What is going on???

[KeithZ]

Phoenix, it's hard to believe de la rue only printed 9 trillion dinars when the cbi, by it's own admission, has said in many articles along with the finance ministry that there is 25 trillion in circulation of which 80% is cash. Adding to that number is the us treasury estimated to be at least 4 trillion on the first currency swap which brought to life the govt of iraq, not to mention what china, asia and the central bank of europian block hold. your number does not add up but your overall assessment is sound. Tues the un meets to discuss and we hope vote on the removal of iraq from chapter 7. kuwait may be the only stopper but recent articles have indicated that the iraqi's are trying desparately to appease the kuwaiti's and the kuwaiti's are responding in kind. we will see the outcome shortly. either way one thing is of certainty to me. guitner has orchestrated a workable deal world wide and has treasury boots on the ground in iraq at the cbi as we speak. i don't believe our govt who needs this worse than we do to back our own dollar, is going to let the iraqi's mess this up. from the get go we had their dinar printed and set the rate, and with paul bremmer using JP Morgan/Chase as the implementer, the us has been in control. granted shabibi is feeling his oats and has complete autonomy from not only the iraqi govt but all outside influences, but the politics tell me that he will tow the line. the us pretty much controls the imf and world bank, both which have great influence on the cbi for where it is going, so buttons can be pushed and they will be. before this issue of lop or rv is settled our govt will have the final say if it has not already been decided. the words of geo bush will come to fruition, "the iraq war will pay for itself". You can take that to the bank.

Great Point...To the Point and no BS....GO RV >>>>>

[Fummins]

Hey Kap been a long time. If your numbers are right I will see you in the Mediterranean. "My treat"

[rick_jb]

Thanks for the post.

[TimS]

:DHey...it works for me...... I'd like a little better rate, but I'll take the $1 per....nice recap

[jopy]

If you are talking about december 2010 tuesday is the 14th, not the 16th, and Thursday is the 16th, not the 18th. I think it will come in higher than a dollar.

This Post was done Feb. 14th 2010. The dates will correspond with that month.