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I'm liquidating my holdings to buy currency! Don't miss the boat!
hey you get more dinar?
I've been buying Iraqi Dinar and the Zim.
Just watched episode 1 and it was pretty much all focused on Mosul. I did recognized General Ali from the Iraqi Forces as he was in my AO numerous times from 2015 until last year when I left.
Watching it reminded me of quite a few things. Interesting for those that haven't experienced this kind of War as technically we were just a support element that Located the Enemy thru Intel, Identified/Confirmed that is the Enemy and Bombed the shit out of them. lol
Episode 2 appears to be more Mosul... Just clicked a few minutes of it now.
As for the Dinar I would be happy with .03 to .05 cents - oh well, we can always dream.
War
Chain of Command- real interesting study on war. I think it may be mainly about Iraq and Afghanistan? Episode #1 has been all about Iraq. Very interesting. Definitely worth a watch if you hold IQD notes
12-13-2017 Newshound/Intel Guru BGG I have said repeatedly – I’m not sure they will release Iraq from their UNSC Ch 7 oversight anytime in the near future. This would greatly limit the UN’s ability to come and go (within Iraq’s borders) as they see fit. Though the UN appears to be pushing Iraq forward rapidly, I am dubious they give up a big tool in their fight against terrorism in the region. Does Iraq have to be fully released from the UN Ch 7 charter (the protection portion) to progress to where we would like them to? I believe not. JMHO. I am going to be somewhat reserved until a official U.N. announcement of a full release from CH 7. It’s also curious how they managed to hold an international bond offering without this previously and were successful? Relax – wait for the facts. [post 2 of 2]
12-13-2017 Newshound/Intel Guru BGG Article: "Iraq emerges from Chapter VII and the “oil for food” Obviously, this is very big news, however...Is Iraq being FULLY removed from the UN Ch 7 Charter (as in – all UNSC oversight)? (BTW – the sanctions and “the UNSC Charter” may well be two related but different functions.) The wording is still a bit murky for me...There are some “tensing”, translation and direct reference issues I would like to see cleared up. It’s not entirely clear they are officially clear of Ch 7 entirely. In many of the articles and interviews, it appears (to me) as though this is referring to the Oil-for-Food program as an individual issue...apart from the UNSC overall function. [post 1 of 2....stay tuned]
Exactly, I could care less what any of these moron gurus say.
Most of them have never been to Iraq and I've spent years and years over there on the ground.
Let's see some news links!
Guru said or news link?
12-11-2017 Newshound/Intel Guru Mnt Goat ...the security part is taken care of...the CBI and GOI will not no longer hold back the RV due to SECURITY reasons. So now Iraq is moving in the right direction again and after the announcements this past weekend I believe that Iraq is actually in a much better situation than even in 2012. [post 3 of 3]
12-11-2017 Newshound/Intel Guru Mnt Goat On Saturday we have some incredible news. Is all this recent news really all lining up exactly what we would expect at this time for an EARLY 2018 RV? No! We are still missing important pieces. One of these pieces is the re-education of the citizens in what they are about to do with currency reform. ...I am optimistic as I am told we will get it and to be patient. ...on Saturday Dec 8th was the announcement that Iraq “fully” exited out of Chapter VII for the oil and food program. I will tell you now this does not release Iraq dinar’s ability to trade freely internationally. Iraq is still under currency restrictions. ...the currency restrictions will not be lifted until the IMF deems Iraq fit resulting from the ongoing Article IV Consultation Reviews under the current Stand-By Arrangement. Can this happen anytime? Yes – but there is still work to be done by Iraq. [post 2 of 3....stay tuned]
12-11-2017 Newshound/Intel Guru Mnt Goat I want to say the news could not possibly get any better than today’s news. Many are hoping for a “triggered” RV in January and some even believe there will suddenly be a new rate of $3.00+ on FOREX thus this is how their perception it and expectations. ...let me set everyone straight and set an honest expectation here on how all this is going to work... Remember what I am about to tell you is now the current plan of the CBI and nothing but a plan. They have targeted January 2018 for a major rate change. Having said this, we know they also targeted Jan 2011, Jan 2013 and Jan 2015 and in all instances, it was postponed for some reason. We are just 23 days until 2018 and there is no targeted RV prior to this time. [post 1 of 3....stay tuned]
12-10-2017 Newshound/Intel Guru Mnt Goat IRAQI FOREIGN MINISTRY ANNOUNCED ON SATURDAY MORNING THE ISSUANCE OF THE SECURITY COUNCIL DECISION TO EXIT IRAQ FROM CHAPTER VII. WOW!
Don961: Saturday , in the Park ...
Under the patronage of Abbadi, the journalists of the world flock to Baghdad to celebrate victory over a preacher
2017 - 12 - 07
Hundreds of leaders of press organizations, heads of national Arab unions, members of the General Secretariat of the Union of Arab Journalists, heads of satellite channels, radio, newspapers and writers of Arabs and foreigners visited Baghdad on Wednesday evening, 6 December 2017. From Prime Minister Dr. Haider Abadi.
The celebration of the national celebration began on Thursday and will end Sunday with a large ceremony on the gardens of the Iraqi Journalists Syndicate. A large number of specialized committees formed by the Iraqi Journalists Syndicate were held for a number of Arab journalists' union leaders and foreign journalists at Baghdad International Airport and from various Arab countries and the world.
....
The official celebration will be attended by Prime Minister Haider al-Abadi, who will announce the victory over the organization of the Dahesh, the new world of work for reconstruction and peace, and the efforts and role of Iraqi journalists in the fight against terrorism and the sacrifices they have made.
The Union of Arab Journalists will hold its extraordinary meeting in Baghdad and coincide with the celebrations of victory.
The members of the presidency will arrive. The meeting will be chaired by Al-Lami, the president of the Union, while dialogue seminars will be held in the Arab press and freedoms. There will be many events in Al Mutanabi Street and heritage areas in Baghdadi. Big on the gardens of the Iraqi Journalists Syndicate next Sunday
Marked you back for #136 and I appreciate that.
Thanks sorry to hear about your fathers passing I looked at your profile and member marked you
Thanks for the update - let's hope it finally pans out for all of us.
Good luck to us both.
War
they are printing the lower denoms and doing advanced bank training 7-11th is a holiday for them abadi invited all dignitaries big shin dig on saturday. Rumor of trump even being there 100 nations in attendance
That's just it - I haven't been paying attention.
I've owned 12 million plus dinar since 2006 - it just sits in a safe deposit box.
Only reason I thought of it now was because I saw you posted here.
War
saturday you'll know more if your paying attention
Haven't been there since end of Feb - care to elaborate on the bust loose?
War
WHAT?!? I didn't know a stock website had a IQD board. Cool Beans. I was just thinking the other day how cool I could combine the two websites. That and wish my IQD was doing as good as my penny stocks LOL ... Seriously I have been here holding since 2004 or 2005? (So long I forgot when I first got in. hehe) One day, one day this will pay off. I still have hope. Honestly I am already up since I bought mine overseas anyway.
IF it was ever going to happen it would be during the Trump Administration. Having General Mattis is charge as our Sec. Of War is the best thing that could happen to Iraq when it comes to killing bad guys.
Time will tell...
War
Greetings all! Is this our year? Nickles? Dimes? Dollar(s)? Status Quo???
2-21-2017 Newshound Guru tlar [Do you have a guess on a rate? I communicate with another guy who believes there is too much dinar out there for much of an increase. Would you agree with that?] Its only a best guess as to how many dinars are circulating or how much of what they state is actually USD with the equivalency stated in dinars at any one time, because they will never divulge that to the public or even their own citizens. ...remember it is not dinar released from the CBI that they have to cover, but rather dinar circulating in Iraq in day to day commerce. The CBI may have released in the upper 30 trillion range but the dinar circulating is much less than that figure. The newspapers and media has always referred to all the dinars released as circulating in Iraq...The dinar you and I hold and the dinar not in Iraq that is other countries and central banks, is not considered circulating in Iraq.
Read more: http://www.dinarguru.com/#ixzz4ZNTr6Ftd
2-18-2017 Newshound/Intel Guru BGG Article: "Iraq joins the Convention on transparency between investors and the States" (the vitally important paragraph...) …”Iraq has issued a number of legislation that works to protect the investor and capital to do business in the country, at the forefront of investment law number 13 year 2006 and amendments which carries a lot of features and protection for investors, as well as important bilateral and international conventions signed by Iraq and the number of States”… I don't think I can stress enough - how important this is...and it may not IMMEDIATELY = what your timeline "wants" are - but it is BIG NEWS. Likely, THE TURNING POINT... Read that last paragraph again… (and again) – This may be THE NUMBER ONE piece of Dinar News “pre-RV”. I have been looking for a couple of important pieces to fall into place, this is one of the top 2 or 3...HANG ON!
Read more: http://www.dinarguru.com/#ixzz4Z6n0l3sH
We know if we leave then the Iranians will move in. Waiting on my replacement now so hopefully nothing comes into affect that blocks him at immigration.
Looking to take a break and be back in summer IF I'm allowed back.
Time will tell.
War
they want chaos and trouble there are always ways money is made
Iraq is threatening to cut their own throat.
https://www.yahoo.com/news/iraq-threatens-ban-u-citizens-201401652.html
LEAKS~Element Of $Suprise? Lead em somewhere Else Or Flat OUT Coming For Them ?? usually Both
$2017 $Still No Easy Fix Sir, Dinar No Dinar RV, $Progress
It's 0047 and 14 Dec, 2016 here locally in Iraq and all I see is chaos. States the article came from Dawn Kissi of CNBC so I wonder if Dawn is hanging out in the same Iraq that I am?
With General Mattis taking over as SEC of Defense/War (God willing) then we will see what happens next year. Bombings aren't enough as we need to engage in some sort of ground war to exterminate these parasites. Then you got Syria and Iran next door so the only hope I see is war (and I'm perfectly fine with that).
Hope? Yeah right...
I still hold a hunk of Dinar, but I have no hope and I don't even think about it till I see someone post here.
2017 Iraq Fiscal Budget Act
Always Hope For Best~Rewarded With The Rest One Day
Use Google Translator
LP
"I want everyone to keep their feet on the ground" - now that's funny. LOLZZZ
About 16 days ago I passed thru Baghdad and used an ATM it dispensed dollars and IQD. I just pulled dollars as I have enough of that other crap. lol
Anyways thought I would share...
Just wake me up when our banks are willing and able to exchange our Dinars. Until that time, these reports mean little beyond more carrot dangling. JMO.
10-29-2016 Newshound Guru MadDScout Article: "The Central Bank succeeds in raising the value of Iraqi dinar to us dollar" I want everyone to keep their feet on the ground. We can only ever watch the action. When the action bears this out to be an accurate report, then I will throw a party. [IS this the only source of this sort of news?] No I have seen it in 5 places...5 sources... I am watching with both eyes.
Read more: http://www.dinarguru.com/#ixzz4OUBhN0Ru
Fri 10/7: The long-awaited move on Mosul is expected to begin early next week
http://www.foxnews.com/world/2016/10/07/iraqi-forces-gird-for-grueling-assault-on-isis-stronghold-mosul.html
BAGHDAD – The long-awaited move on Mosul is expected to begin early next week, as Kurdish, national and allied forces prepare to oust ISIS from its Iraqi stronghold, sources told FoxNews.com.
Forces have been massing along Mosul’s outskirts for months, with periodic skirmishes in towns and villages that ring Iraq’s second-largest city. Despite the black-clad jihadist army’s tight grip within city limits, Iraqi and Kurdish military sources know ISIS has been digging in, fortifying positions, planting booby traps and preparing for a bloody siege.
“The coalition has trained us very well in joint operations, medical training, our snipers, advanced bomb units and street guerrilla tactics," Col. Thamar Mohamed Ismael, commander of the Iraqi Army Emergency Response Division (ERD), told FoxNews.com this week from his unit's Baghdad base that once housed hundreds of U.S. troops during Operation Iraqi Freedom.
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iraqiarmy1
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First Soldier Omar Salah al wad, (l.), and Capt. Omar Nazar, (r.), are ready totake Mosul back from ISIS. (FoxNews.com)
He and others who spoke to FoxNews.com said they expect the assault to begin next week.
Iraqi and coalition forces have in recent days bombarded Mosul with radio broadcasts and leaflets instructing civilians of the coming offensive and notifying them of their exit routes, ginning up speculation that action is imminent.
Aerial attacks are expected to soften up known ISIS targets first, and then Iraqi special operations battalions will spearhead the ground assault, Ismael said. Iraqi troops will then move in, with the grim possibility of fighting block-to-block and door-to-door in a city that was once home to 2.5 million and has been controlled by ISIS since June, 2014. The Kurdish military – known as Peshmerga - will keep the frontlines to the north secure, with Sunni militias guarding the outside of the city. It is unclear what role Shia militias will play.
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iraqiarmy2
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Iraqi Army Col. Thamer Mohumed Ismael, (l.), and intel chief Haitham al Malaki, (r.), expect the assault to begin next week. (FoxNews.com)
Iraqi military officials have intel from inside Mosul, much of which has been gleaned from spies within ISIS, said Haitham al-Malaki, head of military intelligence for the ERD. Working closely with the U.S.-led coalition, Malaki has obtained troves of key documents and sources that have paved the path for the Mosul offensive to kick into high gear.
"We've identified most of their communications and financial supplies," he told FoxNews.com.
A major part of the plan includes safeguarding the thousands of Yazidi women believed to be held hostage as sex slaves in the city.
"The minute we are on the verge of the city, we will notify those assets to go in and collect as many girls as possible before going in," Malaki told FoxNews.com. "We will also open a rescue path to ensure safe passage for the ones we can't get beforehand."
Perhaps the biggest question looming ahead of the operation is the whereabouts of shadowy ISIS leader Abu Bakr al-Baghdadi. Reports have claimed he was injured – and even killed – in the past, but intelligence sources believe he is likely alive and well and hiding somewhere around Mosul.
Several military officials said the offensive to take control of Mosul could happen as fast as four days to a week. However, Malaki anticipates that it will likely take two months to take back full control, clearing the city of threats and rooting out holdout fighters.
"It will take longer than the others due to the vast majority of people there and the size of the land," he said.
Conditions inside Mosul are believed to have deteriorated significantly in recent months, with inside sources telling FoxNews.com families have been starving due to high costs and limited supplies. Medicine has become scarce, and cash-strapped ISIS is believed to have stopped supplying civilians with the services they once offered in exchange for support.
ERD Captain Omar Nazar, 28, said civilians have turned on ISIS and will be a key to the operation’s success.
"We expect many civilians to stay there," Nazar said. "ISIS isn't the same ISIS as before, we have conquered them emotionally. Their morale is gone."
United Nations officials and non-governmental organization leaders have converged in the Northern Iraq town of Erbil this week in preparation for refugees the offensive could produce. However, the deteriorating security situation and high level of suicide bombings in the area surrounding Mosul have made it difficult to set up aid bases and camps, sources told FoxNews.com.
The fight for Mosul is both symbolic and strategic. The Iraqi army was humiliated when the city was overrun more than two years ago. Soldiers fled their posts, leaving behind weapons, munitions and even uniforms in a display that demonstrated the military’s shocking inability to protect the nation from the growing threat of ISIS. Over the next two years, the terrorist army overran much of northwestern Iraq, claiming a caliphate the size of the United Kingdom.
Iraqi soldiers are now eager to reclaim the city – and their army’s reputation.
"This will be honor, it is my desire to protect my country," said First Soldier Omar Salah al Wad, a 29-year-old father of four from Ramadi. Wounded seven times in battles with ISIS, he added, "I want my country to be as good as it can for my kids."
I don't want to be like Mike... but he makes good points IMO.
10-1-2016 Newshound Guru mike When I first got into this the official rate was 1170-1 and then dropped to 1166-1. Last year the dinar took a small hit and the value went to 1182-1, which I never thought I'd see, we've been expecting a raise in the rate, not a decrease. As of yesterday, the street, or market rate for the dinar is 1291-1, roughly 9%. The MCP cannot exceed 2% so we're far from IMF MCP compliance. [post 3 of 3]
10-1-2016 Newshound Guru mike I know we're all counting on the beginning of 2017, but I remember when they said Iraq would join the world in the middle of 2016 and that never materialised. Here's hoping they can make good on their claim for 2017, it's clear that what they're doing now is moving the country backward, not forward...who would have thought we'd be sitting here in 2016 at 1182. Iraq needs a non-sectarian, transparent government wIth the political will to improve the quality of life for the citizens and advance the country. Your move, Abadi. [post 2 of 3....stay tuned]
10-1-2016 Newshound Guru mike Article: "Financial problem in Mesopotamia (the crisis generated crises) when dealing with (economic crisis) in Iraq? The causes and solutions? Why occupy Iraq is full of opportunities and resources armies of the unemployed?" Quote: "what we thought previously a good price (1500 dinars per US dollars) is no longer enough now." This guy is opposed to the idea of lowering the rate of the dinar to 1500-1, he states very clearly that a stronger dinar would be better for the citizens. Maintaining the status quo will continue to drain the reserves, if they don't make a move soon, the options available will be limited. He's also firmly against the trend Iraq has taken regarding trying to borrow their way out of the pickle they're in, it's not a long term solution, they're putting a band-aid on a bullet hole. [post 1 of 3....stay tuned]
Read more: http://www.dinarguru.com/#ixzz4LrTu9xi9
Well that sucks...
9-30-2016 Newshound Guru mike Article: "Sources: al-Jaafari anticipates dismissal submit his resignation to Ebadi" And another one bites the dust and brings the total to four ministers from Abadi's cabinet who will be gone. Maliki and the Reform Front are gutting Abadi's cabinet. Iraq now has no Interior, Defense, Finance and Foreign ministers to represent Abadi, wonder who's going to be next? The thing we're waiting on is the necessary legislation to create an open market economy to allow the dinar to appreciate, and without a cabinet or a functioning government, it's going to be very difficult.
Read more: http://www.dinarguru.com/#ixzz4Llyit48Q
Don't worry... Hillary has posted on her website how she plans to defeat ISIS
Iraq aside, it doesn't appear they're going away easily or any time soon.
Let's hope the Iraq situation can get resolved, then perhaps we'll find out how serious this investment of ours is. And let's pray it comes with minimal human cost.
http://www.foxnews.com/world/2016/09/23/isis-digging-trenches-preparing-for-hell-on-earth-in-mosul-us-military-says.html
ISIS builds 'hell on earth' around itself in Mosul, US military says
Published September 23, 2016 · FoxNews.com
Islamic State fighters in Mosul are digging trenches and can be seen pouring oil in some of them to bolster their defensive positions in Iraq’s second largest city ahead of an expected U.S.-backed Iraqi ground assault on the city, the U.S. military said Friday.
ISIS is preparing for “hell on earth,” said Col. John Dorrian, a spokesman for the U.S.-led coalition, who added that the terror group is moving large walls to slow down the invasion.
FILE - In this Aug. 31, 2016 file photo, Iraqi firefighters battle large fire at oil wells as they trying to prevent the flames from reaching the residential neighborhoods in Qayara, Iraq. A fire at one of Iraqâ??s major oil fields could hinder military and humanitarian efforts as operations to recapture the Islamic State stronghold of Mosul get under way. Black smoke continues to billow into the air from the Qayara oil field, damaged by IS militants last month as they fled the town. There are slow-going Iraqi efforts to contain the fires, but smoke and toxic fumes continue to pollute the air in the area. (AP Photo, File)
Iraqi firefighters battle large fire at oil wells as they trying to prevent the flames from reaching the residential neighborhoods in Qayyarah. (AP Photo, File)
Burning oil or tires produces a thick black smoke that can block the view from overhead, making it difficult for U.S. aircraft to visually identify potential targets.
Dorrian said ISIS has been burning oil fields near a U.S. base in Qayyarah, located 25 miles south of Mosul. He said ISIS was using the smoke to “mask movements.”
Fox News is told “if the stars align,” the Iraqi-led ground invasion could happen as soon as the next few weeks in mid-October.
Dorrian would not comment on reports that the U.S. military was planning on sending 500 more troops to Iraq, as first reported by The Wall Street Journal and confirmed by Fox News on Thursday.
Located on the west bank of the Tigris River, about 40 miles south of Mosul, Qayyarah has since become an important staging ground for military and humanitarian efforts ahead of the Mosul operation since it was recaptured by Iraqi forces last month.
"It's the staging ground for military forces and it's where 350,000 of the 1 million people who are expected to flee (Mosul) will either find shelter or pass through," Lise Grande, the United Nations' humanitarian coordinator for Iraq, told The Associated Press.
There are slow-going Iraqi efforts to contain the fires, but nearly a month after the town was recaptured from the militants, smoke and toxic fumes continue to pollute the air in and around Qayyarah.
The Iraqi Oil Ministry spokesman, Assem Jihad, said Wednesday that ISIS militants set fire to 11 oil wells in Qayyarah to derail security forces and wreak havoc in the area as they fled. He said fires at nine of the wells have been extinguished, but two continue to burn powerfully.
The images of smoke and flames from the oil wells are reminiscent of the oil fires in Kuwait after the Iraqi military reportedly set fire to hundreds of wells when Saddam Hussein invaded the neighboring Persian Gulf nation in the early 1990s.
"In putting out the fires in Kuwait, the firefighters used water pipes and pumped the water from the Persian Gulf to spray at the base of the fires," said Kourosh Kian, an expert in petroleum drilling and reservoir engineering.
Kian, a system engineer at GE Aviation, said the simplest method to extinguish these types of fires is to inject water under high pressure at the base of the fire. Since Qayyarah is on the Tigris River, there would be no problem with the water supply, he said.
Qayyarah and Najmah, the two main fields in the area with reserves slightly over one billion barrels, came under the control of ISIS when it captured Iraq's Nineveh Province in June 2014.
While Iraqi forces now remain in control of the area, it is far from stable. At the Qayyarah West air base, where hundreds of U.S. troops are working to advise and assist their Iraqi counterparts, a small rocket that contained a mustard agent landed, Gen. Joseph Dunford, chairman of the Joint Chiefs of Staff, told Congress on Thursday.
A U.S. official, who discussed details of the incident on Wednesday on condition of anonymity, said a small group of U.S. soldiers who inspected remnants of the rocket after it exploded found a black, oily substance on a fragment of metal. An initial test of the suspicious substance showed it contained residue of mustard agent, but a second test was negative.
Militants continue to dwell around the town to the west and along the eastern bank toward the town of al-Alam.
The Iraqi military, backed by coalition airstrikes and coalition advise-and-assist operations, looks to recapture more territory from the military group, which at one point in 2014 controlled about a third of Iraq and neighboring Syria. U.S.-led coalition forces have launched more than 460 airstrikes around Qayyarah since August 2014 and more than 1,800 around the city of Mosul itself.
But for aid workers in the country, the fires are an immediate primary concern as they prepare for a potential mass influx of displaced people as Mosul operations get underway.
Fox News' Lucas Tomlinson and The Associated Press contributed to this report.
Nobody knows for sure, precisely why it is a highly speculative bet. Oldie but goodie from 2011 follows. Some of it rings true today IMO.
You understand don't you that the ""remove three zeros" proposal is a redenomination proposal and NOT a revaluation?
9-12-2016 Newshound/Intel Guru BGG Flashback Article: "Minister of Finance: raise zeros from the Iraqi currency against the dollar will be supported" Quote: "...The proposal to raise three zeroes from the currency will be in accordance with the right monetary policy is not gradual, as happened in Turkey..." This article was from Feb. 2nd 2010. They've been telling us all along...NOT A FLOAT... Noting that the Iraqi dinar would be offset dollar or slightly more than after the application of this proposal. = about a dollar (USD) or slightly higher...THIS IS WHAT THEIR MoF said at the time. Not me...they have had some idea as to what this was going to be all along. [post 1 of 3....stay tuned]
9-12-2016 Newshound/Intel Guru BGG "The Exchange Rate of Foreign Currency in Economic Feasibility Studies" "3. Estimate the amended exchange rate of the Iraqi dinar to be used in technical and economical feasibility studies and for (1.134) dollar per dinar. This price should be approved for 3 years until re-appreciation by the competent authorities." Ministry OF PLANNING...Iraq G-O-I !!! ...REPORT WAS SENT TO CONGRESS...IT PLAINLY SHOWS IN THIS REPORT THEY EXPECTED THE DINAR TO REVALUE AT AROUND A DOLLAR IN 2013. these final thoughts from them (the final report sent to our U.S. Congress) if nothing else, adds considerable weight to our thoughts about this investment...in fact, those saying this is a "scam" - look foolish - taking these reports in context. [post 2 of 3....stay tuned]
9-12-2016 Newshound/Intel Guru BGG these flashbacks (HARD NEWS) give some important context as to what we are involved in...WIth these previous statements, articles and comments giving historical context - and the current push by the IMF, WB and UN to integrate Iraq back into the international community - things are VERY exciting (to say the least). I'm not predicting anything, nor am I commenting on "rate" - per se...I'm just telling you what they (IRAQ) have been saying all along... [post 3 of 3]
Read more: http://www.dinarguru.com/#ixzz4K53zRt1u
The Goat seems the most practical of the so called gurus... supposedly an ex-military lady.
And attaching much significance to these 50 and 100 dinar notes/coins is premature IMO. At the current rate they would be almost the equivalent of the US nickel and dime. So what, lol?
Yeah, let's hope you are wrong!
Later
Same crap I've been telling people all this time. Other so called gurus try to paint that things are improving there, but do they actually go there and see $hit boots on the ground? Of course not.
We are at war and I don't believe the Dinar will re-evaluate in 2017. Let's hope I'm wrong.
Central Bank Of Iraq: ... http://www.cbi.iq/
- XE.com (Currency conversion) ...... http://www.xe.com/ucc/ ...... http://www.xe.com/currencycharts/?from=IQD&to=USD&view=1D
- BAGHDAD Time ...... http://www.timeanddate.com/worldclock/city.html?n=27
- UN Meeting Site Page: ...... http://www.un.org/media/accreditatio ... mediaalert.asp
- UN Web Cast: ...... http://www.un.org/webcast/2010.html
<iframe src=" frameborder="0" width="82" height="18"></iframe>
- Iraqi Oil Photos - http://media.ft.com/cms/88df8636-0395-11dc-a931-000b5df10621.swf
- Up to the Minute RATES click here ...... http://www.gocurrency.com/
Inside Iraq - The media's role in Iraq's election. http://www.youtube.com/watch?v=m1Or6-KtIF0
THE IRAQ DINAR
The real Iraq Economy
http://www.cnbc.com/id/15840232?video=156657336&play=1
JUNE 15 … There is a rule, if they are going to LOP they need to PR it six months before it happens. June 15 is six months before December 31 2010.
SO! … It is appearing, if they DO NOT come out with a PR stating a LOP by June 16, 2010, then we are going into 2011 with our currency, this is, if we have any left because of the RV.This is WayneC777, If yo have more "ONLY SOLID POINTS" that can go in here ... LET ME KNOW
NEWS ARTICLES, Catagorized - IRAQ:
Iraq's - Debt Forgiveness : http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49250302
Iraq's - Oil, Gas News: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49250183
Iraq's - Banking News: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=35943708
Iraq's - Inflation, Economy: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=35943784
Iraq's - Political Elections: http://www.iraqdirectory.com/DisplayNews.aspx?id=12698
Iraq's - Positive Stories: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49249436
Iraq's - Security Council Report: http://www.securitycouncilreport.org/site/c.glKWLeMTIsG/b.6115649/k.8807/July_2010brIraq.htm
Iraq's - Negative Articles, Fraud Cases: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=34465158
Iraq's - Air Ports: http://www.airiraqco.com/index.htm
Iraq's - Utilities, Power and Water: http://www.reuters.com/article/marketsNews/idUSL524628320090105
Iraq's - Posts to remember: http://en.aswataliraq.info/
These links below are from another board. They will be soon posted from this board. But They all share same info.
US Banks that will exchange Iraq's Dinar
- Chase Bank - Bank of America - TD Bank - HSBC - CITI Bank - Wells Fargo (selected branches) - Compass Bank - 5/3rd Bank - Regions
Conferance Calls:
- http://dinarspeculation.com/2010/04/30/4-29-10-rv-intel-conference-call/
How to check exchange rate
- http://www.cbi.iq/index.php?pid=CurrencyAuctions
- http://www.xe.com/ucc/
- http://www.ameinfo.com/currency
- http://www.ameinfo.com/cgi-bin/cms/page.cgi
- You own local Bank representative
Iraq Dinar Possative Video's
- CNBC ................................................ http://www.youtube.com/watch?v=0m6E76f__20&feature=related
- CNBC ................................................ http://www.youtube.com/watch?v=fHnpSVRTCFI&feature=related
- CNBC Cramer .................................. http://www.youtube.com/watch?v=Eg98H_LYk5Q&feature=related
- CNBC Dinar Trade ..................... http://www.youtube.com/watch?v=kvKrqeOf9oc&feature=related
- www.JackDeangelisShow.com ........ http://www.youtube.com/watch?v=CWqtZjx1Lk0&feature=player_embedded
- ........................................................................................................................... http://www.youtube.com/watch?v=cEE3ac1i0EI&feature=related
- ........................................................................................... http://www.youtube.com/watch?v=xFa-VGI3APc&feature=related style="font-size: medium">
- ........................................................................................... http://www.youtube.com/watch?v=08wzRAj9KMs&feature=related style="font-size: medium">
- ........................................................................................... http://www.youtube.com/watch?v=1UicRAmO29A&feature=related
- UV Light Test ...................................................................... http://www.youtube.com/watch?v=--RA_6DiyVY&feature=related
- 5%, 70.................................................................................................................. http://www.youtube.com/watch?v=F-QA2rkpBSY&feature=related
- Embasitor Charles Reese, Economic Development in Iraq ................... http://www.youtube.com/watch?v=x9ZloxxC-ac&feature=player_embedded#!
- The War in Iraq and the American Economy ............................................... http://www.youtube.com/watch?v=FdsymLhCDbE&feature=related
- Jordan Questions Henry Paulson ............................................. http://www.youtube.com/watch?v=XlQeTFfdaPM&feature=related
- Hillary Rodham Clinton and Minister Hoshyar Zebari .......... http://link.brightcove.com/services/player/bcpid1705667530?bctid=111866364001
United States Department of State
http://www.state.gov/p/nea/rls/rpt/c34687.htm
Tax Links:
- http://www.moneychimp.com/features/capgain.htm
- http://www.moneychimp.com/features/capgain.htm
- http://en.wikipedia.org/wiki/Capital_gains_tax_in_the_United_States
- http://www.investopedia.com/articles/pf/07/capitalgains.asp?viewed=1
Iraq News:
< < < IRAQ'S NEWS SCOURSES: > > >
http://www.imf.org/external/country/IRQ/index.htm
http://iraq.usembassy.gov/iraq/20070214_iraqi_budget.html
http://www.imf.org/external/country/IRQ/index.htm
BANKING: http://en.wikipedia.org/wiki/Money_supply
Central Bank of Iraq: http://www.cbi.iq/index2.htm Exchange Rate: http://www.cbi.iq/index2.htm
New Iraq Currency: http://NewIraqCurrency.com
Iraq Stock Exchange / Daily Bulletin Sunday 7 September 2008: http://www.isx-iq.net/page/english/bulletins/day/2008/9/7-9-e.htm
Offshore Banking:
Currency Iraq's Dinar Venders:
The New Iraqi Dinar banknotes, printed by De La Rue, boast of the most up-to-date anti-counterfeit features, including watermarks, an embedded metallic strip, raised letters, an optical variable ink that can be seen only under ultra violet light, metallic ink and other variations to thwart off counterfeiters. In addition, it has high-quality paper that makes the colorful Dinar very hard to counterfeit. And of course there are other security features that have not been disclosed by the Iraqi Ministry of Finance.
Three of the easiest ways to verify the authenticity of the new Iraqi Dinar are:
1) Use black light to test for watermarks such as the horse head.
2) Use a special pen to detect fake bills with changing color - available from your local office supply store.
3) Hold the 25,000 and 10,000 Iraqi Dinar up to a light tilting it back and forth, the color changing ink will look much like a hologram.
Q. What is it that allows American citizens to invest in Iraq?
A. Presidential Order 13303: Allows US Citizens to invest in the new Iraq. Under this order and the Coalition Provisional Government Order 39, a US Citizen has the same rights to investments as an Iraqi citizen.
Notes:
Iraqi Oil Photos:
http://media.ft.com/cms/88df8636-0395-11dc-a931-000b5df10621.swf
ISX hot links
http://www.investorshub.com/boards/read_msg.asp?message_id=15860234
When the Dinar first came out in 2003 it was 4000 Dinar to $1 (American). Since then it has increased to 1290 Dinar to $1 (American) even during all the conflict and destruction to the oil refineries.
Here are some keynotes about this unique opportunity:
Prior to the Gulf War, 1 million Iraqi Dinar = US $3,200,000.(1 DINAR=$3.20 to 1 American dollar)
Now you can buy 1 million Iraqi Dinar for only US $760.
Iraq is the second leading oil producing country in the world,
and since October, 2003 the Iraqi Dinar has already appreciated 25%.
Forecasters are predicting continued appreciation of the Iraqi Dinar.
You invest $760 to purchase 1 million Iraqi Dinar.
Profit of $9,240 if the Iraqi Dinar appreciates to 1 Iraqi Dinar = 1 penny.
1 million Iraqi Dinar will = US $10,000.
Profit of $3,199,240 if the Iraqi Dinar appreciates to the pre-Gulf War rates.
1 million Iraqi Dinar will = US $3,200,000.
Kuwait Example:
Prior to Saddam Hussein Invading Kuwait: 1M Dinar = US $2,790,000
After the Kuwait invasion by Iraq: 1M Dinar = US $100,000
Today 1M Dinar = US $3,423,000*
*That's a 34-fold increase
On 11/12/06 the Kuwait Dinar is worth $3.84
Potential Value increase of a 1 Million Iraqi Dinar holding if the value of Iraqi Dinar increases to:
The resulting value of your 1,000,000 Dinar would be:
$0.01=$10,000
$0.10=$100,000
$0.20=$200,000
$0.50=$500,000
$1.00=$1,000,000
History of Iraqi Dinar and Iraq Dinar Stock Exchange
1932 Currency unit consisting of 1,000 fils or 20 dirhams. When officially introduced at the end of the British mandate (1932), the Iraqi dinar was equal to, and was linked to, the British pound sterling, which at that time was equal to US$4.86.
1932–1949
1949–1971 Iraqi dinar (ID) equaled US$4.86 between 1932 and 1949 and after devaluation in 1949, equaled US$2.80 between 1949 and 1971.
1959–1967 Iraq officially uncoupled the Iraqi Dinar from the pound sterling as a gesture of independence in 1959, but the Iraqi dinar remained at parity with the pound until the British unit of currency was again devalued in 1967.
1971 One Iraqi dinar remained equal to US$2.80 until December 1971, when major realignments of world currencies began.
1973 Upon the devaluation of the United States dollar in 1973, the Iraqi Dinar appreciated to US$3.39.
1980 It remained at this level until the outbreak of the Iran-Iraq War in 1980.
1982 In 1982 Iraq devalued the dinar by 5 percent, to a value equal to US$3.22, and sustained this official exchange rate without additional devaluation despite mounting debt.
1988 In early 1988, the official dinar-dollar exchange rate was still Iraqi dinar (ID)1 to US$3.22; however, with estimates of the nation’s inflation rate ranging from 25 percent to 50 percent per year in 1985 and 1986, the dinar’s real transaction value, or black market exchange rate, was far lower-only about half the 1986 official rate.
1986–2003 1986–2003 between .33 cents to 1.32 to a dollar.
2001 Oil-production: 2.452 million bbl/day (2001 est.); note — production was disrupted as a result of the March-April 2003 war (2001 est.) 2002 GDP: purchasing power parity — $58 billion (2002 est.)
2002 Exports–partners:US 40.9%, Canada 8.2%, France 8.2%, Jordan 7.5%, Netherlands 6.4%, Italy 5.4%, Morocco 4.7%, Spain 4.4% (2002)
2003 In october 2003, the official Dinar-dollar exchange rate was ID1 to US$0.00027.
2004–2005 August 2004 till 2005, the official dinar-dollar exchange rate is ID1 to US$0.00068. Population: 25,374,691 (July 2004 est.) 2006 As of Jan 1st 2006, the official Iraqi dinar-US dollar exchange rate is ID1 to US$$0.00067.
Positive Changes in Iraq
Upon Saddam Hussein’s deposition in 2003, Iraq has undergone political and economic changes. Many believe that the re-building of Iraq’s infrastructure will stabilize Iraq socially, politically, and economically. With the new government establishing a new monetary system that encourages foreign investment, and the central bank of Iraq awarding foreign licences, many also believe that the value of the new Iraqi Dinar banknote is poised to escalate.
More Treasury Bills on the Way
The government of Iraq will issue more Treasury bills to the secondary market. For the first time in years, the central bank auctioned Treasury bills in July. Thus far, local banks have bought 900 billion Iraqi dinars ($628 million) worth of three-month bills with coupons ranging between 2.5 percent and 6.8 percent. To improve Iraq’s local currency, the dinar against the dollar, Iraq’s central bank also plans to build up its foreign-currency reserves.
Creating viable domestic capital markets will start the process of trimming the massive pre-war debt. Iraq’s path to debt reduction along with the generosity of the Paris Club by forgiving 80% of Iraq’s debt is good news for the Iraqi economy. Iraq’s growth-oriented policy, along with Iraq’s prospects of economic stability makes investing in the dinar potentially lucrative.
The Central Bank of Iraq
For the first time in decades, the central bank of Iraq awarded foreign bank licences to the following banks: HSBC, Standard Chartered, National Bank of Kuwait, Iranian National Bank, Commercial Housing bank, and Bahraini Arab Banking Institute. The Bahraini Arab Banking Institute is listed on the Bahrain, Kuwait, and Paris stock exchanges, and its major shareholders include the Kuwait Investment Authority, the central bank of Libya, and the Abu Dhabi Investment Authority. Granting foreign licences and liberalizing interest rates will create a vibrant free-market economy. Iraq’s re-invigorated banking policies will positively effect the value of the dinar in the near future.
The Potential of the Dinar
Prior to United Nations sanctions, the Iraqi dinar traded at 3.35 per U.S. dollar, and prior to the war in Iraq, the Iraqi dinar traded at .33 U.S. Dollars. During major combat operations, the Iraqi dinar declined to an all time low. However, after major combat operations, the value of the dinar increased 25%. Countries such as Germany (post WWII) and Kuwait (post Iraqi invasion) experienced a similar devaluation of their currency, but both countries recovered. Today, the dinar has increased from 3,500 against the dollar during the U.S. led invasion last year to 1,400 against the U.S. dollar. Imagine the growth potential of the Iraqi dinar once Iraq recovers and begins to enjoy the potential revenue of a country rich in oil and other natural resources.
The New Iraqi Dinar Banknote
Today, De La Rue, the world’s largest commercial security printer and papermaker based in Great Britian, prints the new Iraqi dinar banknote. The new Iraqi dinar banknote has various security features making the dinar very difficult to counterfiet, and the dinar banknote is now available in 50, 250, 1000, 5000, 10000, and 25000 bills. With the re-building of Iraq’s infrastructure and with the prospect of stability at hand, the Iraqi dinar is quickly becoming a very attractive investment opportunity.
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Here is a list of acronyms that are commonly used in Iraq.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=27652141
Currency Transaction Report
http://msb.gov/pdf/fin104_ctr.pdf
Understanding Currency Terms (M0, M1, M2, M3 etc.)
http://en.wikipedia.org/wiki/Money_supply
Do yourself a favor, watch this video;
http://video.google.com/videoplay?docid=3340274697167011147&q=lindsey+williams&total=806&start=0&num=10&so=0&type=search&plindex=0
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