DAME1 Posted September 29, 2011 Report Share Posted September 29, 2011 it wont be long for the gurus to catch on to this and run with it scum bags ( so called gurus that is) good find How dare you pay them a compliment by calling them scum bags :lol: They are not worthy of being scum bags Link to comment Share on other sites More sharing options...
Elixirbaby Posted September 29, 2011 Report Share Posted September 29, 2011 WHOA...haven't been on DV much, what a thread to come back to! Thank you Aqua Dude, you da man! Welcome back pretty eyes. Go RV 1 Link to comment Share on other sites More sharing options...
HappyVegas Posted September 29, 2011 Report Share Posted September 29, 2011 Welcome back pretty eyes. Go RV 1 Link to comment Share on other sites More sharing options...
Zebe Posted September 29, 2011 Report Share Posted September 29, 2011 The RV is not dependent on Arbil, HCL, or Chap 7....here is what the professionals had to say at The World Bank - 'Launch of the Republic of Iraq Financial Sector Review'. These are people who are directly involved with Iraqs banking reform, not media outlets, not bloggers, not people in the GOI that think they know what they are talking about, not GURUs, not ME......ONLY PEOPLE THAT COUNT IN THIS MATTER!!! see below and see referenced attachment for proof that i just didn't make this up: "We need the adoption of the permanent securities law to permit the public relations and securities markets. " (attachment Page 32 Line 2) -Ms. Inger Petersen, Vice President for the Middle East and North Africa Region "Adoption of the permanent securities law, it's not really so much a technical problem than a matter of a decision at the highest level and political will. So we hopein this scope of recommendation that some decision really be taken now and decision taken relatively fast." (attachment Page 53 Line 8) -Mr. Loic Chiquier, Finance and Private Sector Development Director The RV(reform) has already happened, it just isn't live because Iraq has to pass the above said law!!!! see quote below: "For example, you see the payment system is one of the good, main outcomes of the reforms that took place which has been supported by U.S. Treasury and it's there operating, all banks are connected." (attachment Page 44 Line 8) -Mr. Sahar Nasr, Iraq Banking System reform Task Team Leader MRA 1901 Iraq Banking System.doc +1 if you like REAL posts with solid proof like this, +1 if you think we have RV'd(the cake is done) just waiting for the icing to be finished(securities law), +1 if you like the direct reference to the attachment i posted which are the minutes of the 'Launch of the Republic of Iraq Financial Sector Review' -1 if you are a basher, Lopster, or 'guru' planning on using my research as your intel and making it seem like you did all the work +1 if you would like to add AQUA DUDE as your new DINAR GURU, like me! By the way, dude, I gave you the +1. And Mary something-or-other said that Kapperoni said it first. BS You are the GURU AQUA DUDE!!!!!!!!!!!!! 5 Link to comment Share on other sites More sharing options...
Texas1 Posted September 29, 2011 Report Share Posted September 29, 2011 (edited) Welcome back pretty eyes. Go RV Thanks sugar. Its good to be back. Edited September 29, 2011 by Markinsa Language: Please see Forum Rules and "Try" to keep it family friendly. 2 Link to comment Share on other sites More sharing options...
Elixirbaby Posted September 29, 2011 Report Share Posted September 29, 2011 (edited) Thanks sugar. Its good to be back. Edited September 29, 2011 by Markinsa Language in Quote Link to comment Share on other sites More sharing options...
Barriegirl Posted September 29, 2011 Report Share Posted September 29, 2011 I just gat a call from my bank also waiting to here the rate she is got a call in to the Treasury to double check the rate and i will let DV know today the outcome Thank you! We are waiting with abated breath. Link to comment Share on other sites More sharing options...
keepmwlknfny Posted September 29, 2011 Report Share Posted September 29, 2011 So what exactly are you trying to say with this post Aqua Dude?? One of the highlighted parts you posted, is speaking about how good it is to have all the banks in IRAQ connected and working together to reform the system....which is important....but your headline is speaking about the RV being in the UST?? 10 15 Link to comment Share on other sites More sharing options...
blugrass60 Posted September 29, 2011 Report Share Posted September 29, 2011 Aquadude, Thank you for your research and time. Your efforts are greatly appreciated by not just myself but many other DVers too. Looks like one heck of an article too! Randalln Hopefully you get some good news. Go RV!!! 1 Link to comment Share on other sites More sharing options...
dhardage Posted September 29, 2011 Report Share Posted September 29, 2011 So what exactly are you trying to say with this post Aqua Dude?? One of the highlighted parts you posted, is speaking about how good it is to have all the banks in IRAQ connected and working together to reform the system....which is important....but your headline is speaking about the RV being in the UST?? Keep!! I have missed you! 3 8 Link to comment Share on other sites More sharing options...
vvalley Posted September 29, 2011 Report Share Posted September 29, 2011 Good Work :-) Kaperoni chatted about this this a.m. so I am afraid you were beaten to the punch! Nonetheless, Good Job and I really believe that this IS IS IS the MISSING PIECE!!! GO RV Yes, Kaperoni DID CHAT about it...BUT DID NOT provide the facts by posting links!!! Good job and thanks Aqua Dude!!! Veronica 1 1 Link to comment Share on other sites More sharing options...
leanonme Posted September 29, 2011 Report Share Posted September 29, 2011 This is really good news. The best news we have had in awhile! OUTSTANDING FIND!! Link to comment Share on other sites More sharing options...
Aqua Dude Posted September 29, 2011 Author Report Share Posted September 29, 2011 (edited) I found somthing that may be of interest as well Per capita income or income per person is a measure of mean income within an economic aggregate, such as a country or city. It is calculated by taking a measure of all sources of income in the aggregate (such as GDP or Gross National Income) and dividing it by the total population. It does not attempt to reflect the distribution of income or wealth. GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars Talabani said in his speech: "per capita income of the Iraqi individual would increase to 8000 Dollar per year" (attachment Page 2 line 2) -Iraqi Present Talibani VIDEO: http://www.unmultimedia.org/tv/webcast/2010/12/security-council-media-stakeout-33.html TEXT: http://gadebate.un.org/sites/default/files/gastatements/66/IQ_en.pdf talabani_speech.pdf So you go to World Bank data: http://data.worldbank.org/indicator/NY.GDP.PCAP.CD/countries And look for Iraq and find $2,565 for 2010 take $8000 Per cap income and divide it by $2565 GDP per cap and you get $3.11 Looks like by 2014 the IQD will be at least $3....Talibani said this part of a 5 year plan for 2010-2014(attachment page 1 bottom paragraph) what you guys think? Edited September 29, 2011 by Aqua Dude 4 1 Link to comment Share on other sites More sharing options...
Elixirbaby Posted September 29, 2011 Report Share Posted September 29, 2011 Getr dun shabs. I'm getting to many grey hairs. Go RV Link to comment Share on other sites More sharing options...
Sun Devil Posted September 29, 2011 Report Share Posted September 29, 2011 Wow what a thread! They're waving us around third and heading for home!!! From now on it's "Guru Aqua Dude". Learn it. Know it. Live it. Link to comment Share on other sites More sharing options...
dhardage Posted September 29, 2011 Report Share Posted September 29, 2011 Wow what a thread! They're waving us around third and heading for home!!! From now on it's "Guru Aqua Dude". Learn it. Know it. Live it. eek! ummmmm not so sure you want to give him that label. IMO, it isn't a very respected title here 1 Link to comment Share on other sites More sharing options...
rocketman2010 Posted September 29, 2011 Report Share Posted September 29, 2011 I still dont get this post help Justsan Link to comment Share on other sites More sharing options...
ssmith Posted September 29, 2011 Report Share Posted September 29, 2011 Great job, love it... This ride is getting closer to my station, where I get off... Go rv.... Link to comment Share on other sites More sharing options...
Duane N Posted September 29, 2011 Report Share Posted September 29, 2011 What do you think Sonny1 Link to comment Share on other sites More sharing options...
rapidrex Posted September 29, 2011 Report Share Posted September 29, 2011 i research the dinar every day, i keep up with events regarding iraqs banking reform, constant looking at UN, WTO, IMF, cspan...gotta do the due Dill GOOD JOB! Link to comment Share on other sites More sharing options...
won-uh-bee Posted September 29, 2011 Report Share Posted September 29, 2011 I agree with KEEPmwlkfny. ANd I am not being a downer or sarcastic. What does this have to do with being in the UST and an RV. Securities laws need to be passed and they are talking about the ISX am I correct. That is NOT a small task and could take a while. I am confused as to why this is the BEST news ever? We all know there is progress being made in IRAQ but this post doesn't warrant the foregoing conclusion that the RV is immenant and already in the UST! Sorry, I want the DINAR to RV too but reading this article doesn't make me say ... WOW, it has really happened! THese articles are up to interpretation!!! PERIOD! 4 4 Link to comment Share on other sites More sharing options...
xyzzy Posted September 29, 2011 Report Share Posted September 29, 2011 The RV is not dependent on Arbil, HCL, or Chap 7....here is what the professionals had to say at The World Bank - 'Launch of the Republic of Iraq Financial Sector Review'. These are people who are directly involved with Iraqs banking reform, not media outlets, not bloggers, not people in the GOI that think they know what they are talking about, not GURUs, not ME......ONLY PEOPLE THAT COUNT IN THIS MATTER!!! see below and see referenced attachment for proof that i just didn't make this up: "We need the adoption of the permanent securities law to permit the public relations and securities markets. " (attachment Page 32 Line 2) -Ms. Inger Petersen, Vice President for the Middle East and North Africa Region "Adoption of the permanent securities law, it's not really so much a technical problem than a matter of a decision at the highest level and political will. So we hopein this scope of recommendation that some decision really be taken now and decision taken relatively fast." (attachment Page 53 Line 8) -Mr. Loic Chiquier, Finance and Private Sector Development Director The RV(reform) has already happened, it just isn't live because Iraq has to pass the above said law!!!! see quote below: "For example, you see the payment system is one of the good, main outcomes of the reforms that took place which has been supported by U.S. Treasury and it's there operating, all banks are connected." (attachment Page 44 Line 8) -Mr. Sahar Nasr, Iraq Banking System reform Task Team Leader MRA 1901 Iraq Banking System.doc +1 if you like REAL posts with solid proof like this, +1 if you think we have RV'd(the cake is done) just waiting for the icing to be finished(securities law), +1 if you like the direct reference to the attachment i posted which are the minutes of the 'Launch of the Republic of Iraq Financial Sector Review' -1 if you are a basher, Lopster, or 'guru' planning on using my research as your intel and making it seem like you did all the work The problem with this is that the actual doc (unlike Aqua's "translation") does not mention RV and uses reform to talk about reforms to the financial sector, i.e. transparency, and governance and what not. This has nothing to do with an exchange rate at all. Indeed the "banks are connected", connected to the country wide payment system, not some mythical RV connection. This has nothing directly to do with a change to the exchange rate. Its only talking about progress in the financial infrastructure of the country, and such progress certainly is a good thing. There also is no such thing as an RV that 'isn't live". The reforms the doc talks about are all reforms to the financial infrastructure, not anything that could be seen as an RV (unless you've got those RV-colored 3D glasses on ) 5 3 Link to comment Share on other sites More sharing options...
Texas1 Posted September 29, 2011 Report Share Posted September 29, 2011 The problem with this is that the actual doc (unlike Aqua's "translation") does not mention RV and uses reform to talk about reforms to the financial sector, i.e. transparency, and governance and what not. This has nothing to do with an exchange rate at all. Indeed the "banks are connected", connected to the country wide payment system, not some mythical RV connection. This has nothing directly to do with a change to the exchange rate. Its only talking about progress in the financial infrastructure of the country, and such progress certainly is a good thing. There also is no such thing as an RV that 'isn't live". The reforms the doc talks about are all reforms to the financial infrastructure, not anything that could be seen as an RV (unless you've got those RV-colored 3D glasses on ) parties over....captain neg showed up 5 2 Link to comment Share on other sites More sharing options...
xyzzy Posted September 29, 2011 Report Share Posted September 29, 2011 Talabani said in his speech: "per capita income of the Iraqi individual would increase to 8000 Dollar per year" (attachment Page 2 line 2) -Iraqi Present Talibani VIDEO: http://www.unmultimedia.org/tv/webcast/2010/12/security-council-media-stakeout-33.html TEXT: http://gadebate.un.org/sites/default/files/gastatements/66/IQ_en.pdf talabani_speech.pdf So you go to World Bank data: http://data.worldbank.org/indicator/NY.GDP.PCAP.CD/countries And look for Iraq and find $2,565 for 2010 take $8000 Per cap income and divide it by $2565 GDP per cap and you get $3.11 Looks like by 2014 the IQD will be at least $3....Talibani said this part of a 5 year plan for 2010-2014(attachment page 1 bottom paragraph) what you guys think? Oh good grief. If the current per capita income is $2,565 and (just for the sake of argument) they plan to get to $8,000 that is 3.11 TIMES the current value, not a $3.11 rate. If this per capita income was based on the exchange rate then that would mean we could expect the rate to go up by a factor of 3.11, or from $0.00086 to $0.0027 . Thus we would be able to double our money if bought in the $1200 per million range. If they add a 1000:1 RD on top of this the new dinar would come out at $2.70, but that doesn't help us of course we only get the RV part (minus the dealer spread we paid) which would be only 3.11:1 (or for us about 2:1). 2 1 Link to comment Share on other sites More sharing options...
dhardage Posted September 29, 2011 Report Share Posted September 29, 2011 The problem with this is that the actual doc (unlike Aqua's "translation") does not mention RV and uses reform to talk about reforms to the financial sector, i.e. transparency, and governance and what not. This has nothing to do with an exchange rate at all. Indeed the "banks are connected", connected to the country wide payment system, not some mythical RV connection. This has nothing directly to do with a change to the exchange rate. Its only talking about progress in the financial infrastructure of the country, and such progress certainly is a good thing. There also is no such thing as an RV that 'isn't live". The reforms the doc talks about are all reforms to the financial infrastructure, not anything that could be seen as an RV (unless you've got those RV-colored 3D glasses on ) I agree completely 1 Link to comment Share on other sites More sharing options...
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