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need mod assist, set me up
Guys, this IS Business ... It would not do well for IRAQ's Business to alow all those Countries to give them debt free status and then turn and cause a LOP for all those countries, making them turn in their money just to replace it.
Cause Remember one thing ... There can only be ONE VALUE on their money.
Aero, you try and put off this presona that you are knowledgable in this area. Yet you have nothing but tunnel vision combined with an attitude backed by a little bit of knowledge. The proof is in what and the way you speak to others. Its not about if you are correct or we are correct, its about the facts and the people of Iraq. The CBI has said what they are looking to do yet you are telling all you know better then the CBI, lolo
My thoughts since 2005, I ask this board to seriously think about what I am saying here and prove it wrong!!!
I agree with you 100% ...
Points of Great Stride. Iraq's Dinar is doing great.
Iraq "IS 80+% Debt Free" ... WHY WOULD THEY LOP ...SO! Iraq will work Majorly Hard to get their debt reduced and creat a deal with those other Countries and then make those other countries turn in their money "to replace it" because of they LOPED... If I was running a Country that would PISS ME OFF and would cause WAR...
Iraq's Dinar "WILL BE" Globally recognized as a Iraq’s Currency by the first Quarter of 2010 ... WHY WOULD THEY LOP ...
So! Iraq will just become Globle and cause great excitment in the world of their piers and then they will LOP and tell them they have to replace moneys because of their bad timing
The bank spends $1 billion to $1.5 billion every month in oil revenue to buy Iraqi dinars on the open market, said Mudher M. Salih Kasim, senior adviser to the bank. ... WHY WOULD THEY LOP ...
AGAIN!!! - So! they are going to spend ALL THAT MONEY to do a buy back when they knew they were going to LOP... ALSO this will be calling Mudher M. Salih Kasim SUPID ... because they knew back then how they were going to do this ...
December 15th 2008, Iraq bought back 282.5 billion dinar ... WHY WOULD THEY LOP ...
AGAIN!!! - So! they are going to spend ALL THAT MONEY to do a buy back when they knew they were going to LOP ... ALSO this will be calling Mudher M. Salih Kasim SUPID ... because they knoew back then how they were going to do this ...
Iraq became a SOVERIGN NATION on 1/1/09 ... WHY WOULD THEY LOP ...
Countries are forgiving BILLIONS of Iraq's debts ... Which will mean Iraq would be close to Debt Free with their NEW START ... 80+ percent reduction on sovereign debt% sinse last year ... A Major Plus ... WHY WOULD THEY LOP ...
SO! Iraq will work Majorly Hard to get their debt reduced and creat a deal with those other Countries and then make those other countries turn in their money "to replace it" because of they LOPED... If I was running a Country that would PISS ME OFF and would cause WAR...
The U.S. Federal Reserve (A Private US Company) did in fact exchange 7.5 Trillion IQD for $5 Billion USD to accumulate $100 Million per year in Interest via U.S. Treasury Bills for Iraq. ... WHY WOULD THEY LOP ...
...
SO! lets see our own Country Buy into a LOP ... ARE THEY THAT STUPID, Aero!!!
They have to buy 5 Oil Tankers - How would they buy them at their current Dinar Value ? ? ? ...... Revalue ... WHY WOULD THEY LOP ...
so they are going to devalue their money and screw themselves ...YA!
They have under contract to buy 5 new Jet Liners - How would they buy them at their current Dinar Value ? ? ? ...... Revalue ... WHY WOULD THEY LOP ...
so they are going to devalue their money and srew themselves ...YA!
They said in 2008 they are to revalue the currency, but they can not because they need to get through options ... they are looking to drop 3 zeros ... WHY WOULD THEY LOP ...
Inflation has also is the lowest in 17 Years ... WHY WOULD THEY LOP ...
Kids are playing in the streets now.
and more, its worth your time ... later
IRD has increased in value since 2003. From 2000.00 to current 1170.00
IRD is the most secured currency in the world from fraud. ... WHY WOULD THEY LOP ...
IRD is new, and the only currency in Iraq ... WHY WOULD THEY LOP ...
Iraq "IS 80+% Debt Free" ... WHY WOULD THEY LOP ...SO! Iraq will work Majorly Hard to get their debt reduced and creat a deal with those other Countriesand then make those other countries turn in their money "to replace it" because of the LOP...
I agree with you 100% ...
Points of Great Stride. Iraq's Dinar is doing great.
Iraq "IS 80+% Debt Free" ... WHY WOULD THEY LOP ...
Iraq's Dinar "WILL BE" Globally recognized as a Iraq’s Currency by the first Quarter of 2010 ... WHY WOULD THEY LOP ...
The bank spends $1 billion to $1.5 billion every month in oil revenue to buy Iraqi dinars on the open market, said Mudher M. Salih Kasim, senior adviser to the bank. ... WHY WOULD THEY LOP ...
December 15th 2008, Iraq bought back 282.5 billion dinar ... WHY WOULD THEY LOP ...
Iraq became a SOVERIGN NATION on 1/1/09 ... WHY WOULD THEY LOP ...
Countries are forgiving BILLIONS of Iraq's debts ... Which will mean Iraq would be close to Debt Free with their NEW START ... 80+ percent reduction on sovereign debt% sinse last year ... A Major Plus ... WHY WOULD THEY LOP ...
The U.S. Federal Reserve (A Private Company) did in fact exchange 7.5 Trillion IQD for $5 Billion USD to accumulate $100 Million per year in Interest via U.S. Treasury Bills for Iraq. ... WHY WOULD THEY LOP ...
They have to buy 5 Oil Tankers - How would they buy them at their current Dinar Value ? ? ? ...... Revalue ... WHY WOULD THEY LOP ...
They have under contract to buy 5 new Jet Liners - How would they buy them at their current Dinar Value ? ? ? ...... Revalue ... WHY WOULD THEY LOP ...
They said in 2008 they are to revalue the currency, but they can not because they need to get through options ... they are looking to drop 3 zeros ... WHY WOULD THEY LOP ...
Inflation has also is the lowest in 17 Years ... WHY WOULD THEY LOP ...
Kids are playing in the streets now.
and more, its worth your time ... later
IRD has increased in value since 2003. From 2000.00 to current 1170.00
IRD is the most secured currency in the world from fraud. ... WHY WOULD THEY LOP ...
IRD is new, and the only currency in Iraq ... WHY WOULD THEY LOP ...
its coded Aero, It has to be
Botat - 100% Ask yourself this ...
Points of Great Stride. Iraq's Dinar is doing great.
Iraq "IS 80+% Debt Free" ... WHY WOULD THEY LOP ...
Iraq's Dinar "WILL BE" Globally recognized as a Iraq’s Currency by the first Quarter of 2010 ... WHY WOULD THEY LOP ...
The bank spends $1 billion to $1.5 billion every month in oil revenue to buy Iraqi dinars on the open market, said Mudher M. Salih Kasim, senior adviser to the bank. ... WHY WOULD THEY LOP ...
December 15th 2008, Iraq bought back 282.5 billion dinar ... WHY WOULD THEY LOP ...
Iraq became a SOVERIGN NATION on 1/1/09 ... WHY WOULD THEY LOP ...
Countries are forgiving BILLIONS of Iraq's debts ... Which will mean Iraq would be close to Debt Free with their NEW START ... 80+ percent reduction on sovereign debt ... WHY WOULD THEY LOP ...
Inflation went from 74% down to 14% 13.6% sinse last year ... A Major Plus ... WHY WOULD THEY LOP ...
The U.S. Federal Reserve (A Private Company) did in fact exchange 7.5 Trillion IQD for $5 Billion USD to accumulate $100 Million per year in Interest via U.S. Treasury Bills for Iraq. ... WHY WOULD THEY LOP ...
They have to buy 5 Oil Tankers - How would they buy them at their current Dinar Value ? ? ? ...... Revalue ... WHY WOULD THEY LOP ...
They have under contract to buy 5 new Jet Liners - How would they buy them at their current Dinar Value ? ? ? ...... Revalue ... WHY WOULD THEY LOP ...
They said in 2008 they are to revalue the currency, but they can not because they need to get through options ... they are looking to drop 3 zeros ... WHY WOULD THEY LOP ...
Inflation has also is the lowest in 17 Years ... WHY WOULD THEY LOP ...
Kids are playing in the streets now.
and more, its worth your time ... later
IRD has increased in value since 2003. From 2000.00 to current 1170.00
IRD is the most secured currency in the world from fraud. ... WHY WOULD THEY LOP ...
IRD is new, and the only currency in Iraq ... WHY WOULD THEY LOP ...
Iraqi dinar - From Wikipedia, the free encyclopedia
The dinar (pronounced: di-'när) (Arabic: ?????, Kurdish: ?????) (sign: ?.?; code: IQD) is the currency of Iraq. It is issued by the Central Bank of Iraq and is subdivided into 1,000 fils (???), although inflation has rendered the fils obsolete.
The dinar was introduced into circulation in 1923, replacing the Indian rupee, which had been the official currency since the British occupation of the country in World War I, at a rate of 1 dinar = 13? rupees. The dinar was pegged at par with the British pound until 1959 when, without changing its value, the peg was switched to the United States dollar at the rate of 1 dinar = 2.8 dollars. By not following the devaluations of the U.S. currency in 1971 and 1973, the dinar rose to a value of US$3.3778, before a 5 percent devaluation reduced the value of the dinar to US$3.2169, a rate which remained until the Gulf War, although in late 1989, the black market rate was reported at five to six times higher (3 dinars for US$1) than the official rate.[2]
After the Gulf War in 1991, and due to the economic blockade, the previously used Swiss printing technology was no longer available. A new, inferior quality notes issue was produced. The previous issue became known as the Swiss dinar and continued to circulate in the Kurdish region of Iraq. Due to excessive government printing of the new notes issue, the dinar devalued quickly, and in late 1995, US$1 was valued at 3,000 dinars.
Following the deposition of Saddam Hussein in the 2003 invasion of Iraq, the Iraqi Governing Council and the Office for Reconstruction and Humanitarian Assistance began printing more Saddam dinar notes as a stopgap measure to maintain the money supply until new currency could be introduced.
Between October 15, 2003 and January 15, 2004, the Coalition Provisional Authority issued new Iraqi dinar coins and notes, with the notes printed by De La Rue using modern anti-forgery techniques, to "create a single unified currency that is used throughout all of Iraq and will also make money more convenient to use in people’s everyday lives."[3] Old banknotes were exchanged for new at a one-to-one rate, except for the Swiss dinars, which were exchanged at a rate of 150 new dinars for one Swiss dinar.
These new banknotes led to a new industry of selling the new Iraqi dinar to oversea investors who hoped to profit from Iraq's new currency when the economy improved. The provisional government of Iraq has made this legal, but the banknotes are exchanged at different rates by companies wanting to make profit. Due to the success of this program, though, Iraqi dinar has been widely counterfited.
Although the value of the dinar appreciated following the introduction of the new banknotes from 4,000 dinars per U.S. dollar, at the time of their introduction, to a high of 980 dinars per dollar, it is now held at a "program" exchange rate, as specified by the International Monetary Fund,[citation needed] of 1170 dinars per US dollar at the Central Bank of Iraq. However, there is not yet a set international exchange rate and so international banks do not yet exchange Iraqi dinar. The exchange rate available on the streets of Iraq is around 1200 dinars per US dollar.
For a wider history surrounding currency in the region, see The History of British Currency in the Middle East.
Speculation
On May 3, 2007, the IMF released a statement in relation to the international compact with Iraq, which has turned the tide in regards to speculation on the Iraq dinar. The contents of the article discuss changes made in Iraq on the economic front of how the Iraq government had eliminated fuel subsidies. The article also stated that the Central Bank of Iraq had raised interest rates in an attempt to allow a gradual appreciation of the dinar in an attempt to fight dollarization of the Iraq economy. Although there are claims of widespread optimism of some language used later in the press release among some dinar speculators, there have been no publicly released statements or analysis by any news sources or governments.[4]
Coins
Coins were introduced in 1931 and 1932 in denominations of 1, 2, 4, 10, 20, 50 and 200 fils, with the 200 fils known as a rial. The 20, 50 and 200 fils were minted in silver. In 1953, silver 100 fils coins were introduced.
Following the establishment of the Iraqi Republic, a new series of coins was introduced in denominations of 1, 5, 10, 25, 50 and 100 fils, with the 25, 50 and 100 fils in silver until 1969. In 1970, 250 fils pieces were introduced, followed by 500 fils and 1 dinar coins in 1982. Coin production ceased after 1990.
In 2004, new 25, 50, and 100 dinars coins were introduced. However, these coins proved to be unpopular & were withdrawn from circulation.
http://en.wikipedia.org/wiki/Iraqi_dinar
ok bud your in there.
Just keep it factual
lolololo LMAO lolo
Ya I am not the greatest speller I know. But that is just spelling genious, not unintelect like you. You are nothing but attitude and never have been anything but that. But I will do you a favor, since you have done me one. I have 7 crushed vertibray and my vision goes in and out along with hearing and smell. So most of my spelling is in a rush. But that does not effect my attitude and treat people like crap genius. So excuse my imperfections of not being as good as you in spelling. But at least I do not have to treat people like crap to make myself feel better. Enjoy your mind ...
Yes!!! Now take your info for what it is worth Aero, and ask your self one question. After all of your posts in the past where people have tried to say things to you but you did nothing but treat people like crap them and talk down to others and YOU everywhere because they did not agree with you. And you want others to believe you are credible ... lolo ya! you go dude, enjoy your mind ... lolo
lolo I just re-read your {working at walmart}, lololo that is so true. That is probably where they work. They learned one thing about currency and now they know it all and everything is the same way. If it does not fit in their mental world, it wrong lololo
No bud, I know we will be ok. And it will happen "very" soon.
Iraq investors trade polls for portfolios
By Andrew England in Baghdad
Published: March 10 2010 23:08 | Last updated: March 10 2010 23:41
The room is buzzing. Men lean on wooden shelves as they phone brokers sitting behind a glass barrier. Others focus on screens showing the latest trades on the Iraq Stock Exchange, while an AK-47-wielding guard keeps his distance behind.
The market has resumed trading after a five-day break because of Sunday’s general election and the mood among investors appears sanguine. The polls passed without the big attacks many feared and investors’ minds are back on their equity portfolios.
EDITOR’S CHOICE
Editorial: What Iraq deserves - Mar-08Iraq poll hailed as key to US pull-out - Mar-08Comment: Leaders must heed calls of Iraqis - Mar-08Anxiety towards Iraq rises in Kuwait - Mar-08Bombers strike as Iraqis vote - Mar-07Hope vies with distrust in Iraq elections - Mar-05“I’m not buying or selling, but I’m expecting the market to go up,” says Naeem Abdullah, eyeing the banking sector. “We are expecting political and security stability and that will attract foreign investment.”
The market closed after its first session of the week on Tuesday up 1.2 per cent, with the value of trades around $6m (€4.4m, £4.01m) a cautious thumbs-up to the latest test of Iraq’s stability and nascent democracy, seven years after the US-led invasion.
The market reflects how facets of normal life continued despite Iraq’s turmoil – with some even improving. The ISE was set up in 2004 to replace a government-controlled bourse. It began with just 15 listings and an antiquated system needing share certificates to be physically exchanged.
Today, however, it boasts 91 stocks, a market capitalisation of around $2.5bn and, since last April, electronic trading based on Nasdaq OMX technology.
Its performance has mirrored the fortunes of the nation. During 2005 and 2006, as Iraq headed towards civil war, the market fell by about 40 per cent, says Taha Abdulsalam, ISE chief executive.
“I call them the black years,” he says. “People left Iraq – families, rich people, businessmen – and they [went] to Jordan, Syria and Dubai, they invested there and we lost their money.”
But as the violence fell, trading volumes picked up and the market’s performance improved, although it can be volatile. In 2009 the market was down 2.98 per cent in dinar terms, and in the year-to-date it has fallen by around 2.8 per cent.
Mr Abdulsalam hopes to attract more listings, develop internet trading and lure foreign investment, which accounted for about 3 per cent of the value of trades last year.
Iraq desperately needs such investment, with development seen as critical to stability. Falling oil prices in 2009 revealed Iraq’s dependence on crude, which provides 98 per cent of government revenues.
Meanwhile, services and infrastructure are decaying after years of sanctions and war and unemployment runs at 15 per cent – or 57 per cent for males between 15 and 29. Iraq is a frontier destination that offers potential – notably the world’s third largest proved oil reserves – but also comes fraught with risk, from the threat of violence to corruption and the weakness of state institutions.
Local businesses enjoyed a boom after the US invasion as import curbs were lifted and goods banned under Saddam Hussein – such as mobile phones and satellite dishes – flooded the market. In 2004, the economy grew 46 per cent.
Then escalating violence hit trade hard. In 2004, Ahmed Ibrahim was driving at night with $30,000 in cash, payment for a web contract. He stopped for fuel, only to have a gun put to his head. After a struggle he escaped, but his Mercedes and cash were gone.
He then moved to Jordan, but his business remains focused on Iraq, with Mr Ibrahim tapping into demand for technology products. His company has won multi-billion dollar contracts to supply organisations and government offices with smart cards.
“The upside in Iraq is it is very thirsty for any business,” says Mr Ibrahim.
But then there are the downsides. “I have a contract for $1m, I make $100,000 profit, but when you are doing the paperwork any of the public servants will say ‘I will not do that unless I get paid’,” says Mr Ibrahim, 36.
He must still change cars and routes to ensure there is no repeat of the robbery. “True security is when you can return to your house at 2am or 3am with money in your car and not be worried,” he says.
Investors will be watching to see how Iraq holds together as the election results are released.
David Grayson, at Auerbach Grayson, a New York brokerage, expects more interest in Iraq. In October, he accompanied investors to Kurdistan, yet still did not feel safe enough to visit Baghdad. “I have a wife and children,” says Mr Grayson. “When my locals on the ground tell me there’s absolutely no problem in visiting, I will be ready to go. But that would not prevent me from recommending Iraq as a place to invest.”
http://www.ft.com/cms/s/0/b32f9168-2c66-11df-be45-00144feabdc0.html?nclick_check=1
UPDATED – Banking News
***** - Iraq on a roll - Dr Sinan Al-Shibibi
*LOP - Mentioned, NOT Implied
DEC08 ISSUE102
http://www.cpifinancial.net/v2/Magazine.aspx?v=1&aid=1809&cat=BME&in=102
Iraq expects to step up T-bill activity in 2010
Reuters - Thursday, March 11
http://sg.news.yahoo.com/rtrs/20100311/tbs-iraq-economy-imf-955c2a1.html
Central: the deletion of zeros Iraqi currency will depend on the long-term monetary policy
LOP - still researching, NOT Implied
Source: Voices of Iraq - 15/08/2009
http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http://www.iraqdirectory.com/DisplayNewsAr.aspx%3Fid%3D10160&rurl=translate.google.com
New interview with Shabibi about dinar
LOP - still researching, NOT Implied
http://almadapaper.net/paper.php?source=akbar&mlf=interpage&sid=73294
U S Currency will be eliminated from Iraq to Strengthen Dinars
Iraq will no longer use U.S. currency starteing in October
http://blackhillsportal.com/npps/story.cfm?id=3248
Dollar to Dinar? Coming Sooner Than You Think
LOP - Not Mentioned, Nor Implied
Story by Staff Sgt. Mark Burrell
Date: 07.16.2009
Posted: 07.16.2009 05:41
http://www.dvidshub.net/?script=news/news_show.php&id=36437
Trade of the Day
LOP - Not Mentioned, Nor Implied
Fri, Jun 5 2009, 03:16 GMT
http://www.fxstreet.com/technical/forex-forecasts/trade-of-the-day/2009-06-05.html
Foreign investors to have the right to own state properties – spokesperson
LOP - Not Mentioned, Nor Implied
June 2, 2009 - 04:10:56
http://en.aswataliraq.info/?p=114058
Iraq to re-merge into global economic system – official
LOP - Not Mentioned, Nor Implied
May 31, 2009 - 10:53:11
http://en.aswataliraq.info/?p=113934
City to become regional trading hub
LOP - Not Mentioned, Nor Implied
KUWAIT CITY, May 2
http://www.arabtimesonline.com/kuwaitnews/pagesdetails.asp?nid=31885&ccid=9
Iraq parliament adopts $58.9 billion budget
LOP - Not Mentioned, Nor Implied
Thu Mar 5, 12:03 pm ET
http://news.yahoo.com/s/afp/20090305/wl_mideast_afp/iraqeconomypoliticsbudget_20090305170524
The Iraq Central Bank's sales exceeded 2 billion dollars in February
LOP - Not Mentioned, Nor Implied
March 04, 2009
http://www.edinarfinancial.net/news/?quer=&nm=&ny=&nn=581
Central Bank adviser: Iraq is committed to the policy of liberalization of current accounts
LOP - Not Mentioned, Nor Implied
2/25/2009
http://www.iraqdirectory.com/DisplayNews.aspx?id=8584
Stock market to launch electronic trading
LOP - Not Mentioned, Nor Implied
February 10, 2009 - 12:34:46
http://en.aswataliraq.info/?p=107846
UAE is willing to invest billions of dollars in Iraq
LOP - Not Mentioned, Nor Implied
Thursday, February 05, 2009 12:46 GMT
http://www.alsumaria.tv/en/Economics-News-Iraq/3-27651-UAE-is-willing-to-invest-billions-of-dollars-in-Iraq.html
Iraq to issue 1st post-Saddam bonds for $5 bln
LOP - Not Mentioned, Nor Implied
Wed Jan 28, 2009 7:05pm IST
http://in.reuters.com/article/asiaCompanyAndMarkets/idINLS6298220090128
***** Iraq is FREE of Its Obligation to the IMF - International Monetary Fund
08 January 2009 ( Iraq Directory )
http://www.iraqupdates.com/p_articles.php?refid=DH-S-08-01-2009&article=43050
The Central Bank of Iraq is Raising the Value of Dinar Gradually
*LOP - Not Mentioned, Nor Implied
04 January 2009 ( Iraq Directory )
http://www.iraqupdates.com/p_articles.php/article/42815/refid/RN-story-05-01-2009
Iraq tax revenues jump 16% in 2008
Thursday, 01 January 2009
http://www.arabianbusiness.com/542485-iraq-tax-revenues-jump-16-in-2008
The Central Bank of Iraq will reconsider its monetary policy
LOP - Not Mentioned, Nor Implied
Translated by IRAQdirectory.com - [12/27/2008]
http://www.iraqdirectory.com/DisplayNews.aspx?id=7858
Iraq on a roll - Dr Sinan Al-Shibibi
LOP - Not Mentioned, Nor Implied
DEC08 ISSUE102
http://www.cpifinancial.net/v2/Magazine.aspx?v=1&aid=1809&cat=BME&in=102
Iraqi central bank governor interviewed on monetary situation
LOP - Not Mentioned, Nor Implied
Nov 22, 2008 (BBC Monitoring via COMTEX) --
http://www.zibb.com/article/4468689/Iraqi+central+bank+governor+interviewed+on+monetary+situation
The Iraqi Commercial Bank will issue Master Card
Translated by IRAQdirectory.com
LOP - Not Mentioned, Nor Implied
[11/15/2008]
http://www.iraqdirectory.com/DisplayNews.aspx?id=7373
Dinar Rate to Hike as Iraq Raises Interest Rates
LOP - Not Mentioned, Nor Implied
Monday, November 3, 2008
http://jumpinginpools.blogspot.com/2008/11/dinar-rate-to-hike-as-iraq-raises.html
CBI: removal of zeros meant to boost currency policy
*LOP - Not Mentioned, Nor Implied
October 27, 2008 - 08:52:41
http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http://en.aswataliraq.info/%3Fp%3D101904
The Central Back of Iraq stresses on zeros lopping
LOP - Mentioned, and Implied
Translated by IRAQdirectory.com - [9/29/2008]
http://www.iraqdirectory.com/DisplayNews.aspx?id=6980
The Iraqi Dinar between the illusion of zeros and the game of economy
*LOP - Mentioned, Just Explained
[9/10/2006]
http://www.iraqdirectory.com/DisplayNews.aspx?id=2045
Iraq central bank takes steps to ‘rebase dinar’Published: Sunday, 24 August, 2008,
*LOP - Mentioned, and Implied
08:22 AM Doha Time
Published: Sunday, 24 August, 2008, 08:22 AM Doha Time
http://www.gulf-times.com/site/topics/article.asp?cu_no=2&item_no=237500&version=1&template_id=48&parent_id=28
Iraq '09 Budget Could Reach $100B, Up $30B Over '08
LOP - Not Mentioned, Nor Implied
by Hassan Hafidh Dow Jones Newswires Wednesday, August 13, 2008
http://www.rigzone.com/news/article.asp?a_id=65418
Iraqi banking sector shows signs of health
LOP - Not Mentioned, Nor Implied
Published: July 23, 2008
http://www.iht.com/articles/2008/07/23/business/23iraqbanks.php
Big Gains for Iraq Security, but Questions Linger: …
1 to 1.5B Buyback …… Page 3, paragraph 7
LOP - Not Mentioned, Nor Implied
Page 3 - June 21, 2008
http://www.nytimes.com/2008/06/21/world/middleeast/21security.html?hp%3Cbr%3E
Iraqi inflation falls to lowest in over 17 years
LOP - Not Mentioned, Nor Implied
Mon Jan 21, 2008 3:53pm GMT
http://uk.reuters.com/article/worldNews/idUKCOL15465320080121
Economic boost gives hope to Iraqis
LOP - Not Mentioned, Nor Implied
Saturday, 03 January 2008, 12:11 GMT
http://news.bbc.co.uk/1/low/programmes/from_our_own_correspondent/7183073.stm
2008: Iraqi Dinar will see the high value of 2008
January 3, 2008
http://www.dinarbanker.com/2008-dinar-news/iraqi-dinar-will-see-the-high-value-of-2008.html
Zero Lop or Zero Lopping the Dinar Analysis
*LOP - Mentioned, Implied, NOT a Good Idea
http://www.dinar-into-dollars.com/zero_lop_analysis.html
LOP - The Iraqi Dinar between the illusion of zeros and the game of economy
*LOP - Mentioned, and Explained
12/September/2006 at 2:13pm
http://www.iraqdirectory.com/forums/forum_posts.asp?TID=364
Iraq to earn millions from $5 billion federal deposit
LOP - Mentioned, and Explained
(08/02/05)
http://www.iraqdevelopmentprogram.org/idp/news/new680.htm
“Press Statement on Visit to Iraq to Discuss Progress on Monetary and Financial Issues”
LOP - Not Mentioned, Nor Implied
February 8, 2005
http://www.ustreas.gov/press/releases/js2240.htm
First Day of Dinar Exchange Proceeds Smoothly, Represents Big Step in Iraq
WASHINGTON, Oct. 15, 2003
http://www.defenselink.mil/news/newsarticle.aspx?id=28315
Iraq expects to step up T-bill activity in 2010
Reuters - Thursday, March 11
http://sg.news.yahoo.com/rtrs/20100311/tbs-iraq-economy-imf-955c2a1.html
UPDATE 1-Iraq expects to step up T-bill activity in 2010
expects to step up its treasury bill activity in 2010 to help plug continuing budget deficits and foster a secondary treasury market, the Central Bank and Finance Ministry said in a submission to the IMF.
Iraq also wants to promote the development of foreign exchange markets outside the framework of regular dollar auctions currently conducted by the Central Bank, including an interbank market and dinar forward market, the submission said.
The country's letter of intent to the International Monetary Fund can be accessed here Continued...
http://uk.reuters.com/article/idUKLDE6292F520100310
look at his points Botat, he is starting to adjust from his origional statements.
Have you ever heard some one stating something correct, but was not "100% Correct".
Its like a pie with how many pieces in it.
1 - your looking and one piece of that pie that some one hands you and tells you this completes the pie, thats all you need
2 - but when you dig into that piece and you get to know EVERYTHING in that piece, you become Very Informed in that piece.
3 - BUT NOW!!! a month later you are handed another piece of that pie. So what you thought you knew is now looking much different ... its not looking so good any more.
My point is That is how Aero works. He hands you old pieces that mean "Little" and a piece that has a few bites out of it, all the details to that pie are NOT there ........
Botat - hey bud
don't waste your time on him. He is not worth it. He has led his life causing confusions and deceptions. Go to that other board wher you have other posters that are haveing good conversations. You can go back and read his threads to his posts and see his twisted deceptions are all the same from below. I go back a long way with him, and its not good.
My board, look in the info section
http://investorshub.advfn.com/boards/board.aspx?board_id=12982
Aero's posts
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=34737947
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=34580812
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=34289240
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33944228
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33741193
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33127364
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=32587151
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Aero, that is a complement comming from you. If I look foolish in your eyes, I am honered. Because you can not carry on a conversation with anyone without belitling people into your beliefs. Your only strength is THEIR WEAKNESS in knowledge. That is the act of a cow?rd.
Well you could not intinadate me before and you are not now. I got banned because I would not allow you to lead people to the twisted deception you drive down others throats and that board did NOTING to you and I never understood why. You and others always had your hidden adjenda's there and I was a major thorn in your heal. Those others are now moved on and its at the end of this play and you ARE NOW ALONE ... So as long as the un-informed investor, or the inosent is out there I will be there. And when you were posting all this time and you were thinking I was out of the way, think again. I never left that board. I read ALL THE TIME. And when I saw someone having a hard time with you I contacted them elswhere and they would learn ...
YOU ALL ALONE NOW AERO ... You post on a "RUMOR BOARD" where "NO ONE IS"
correct there will be NO LOP
Botat - think about your question a sec.
Q - How can they have two currencys on the streets at the same time with Different values ... THEY CAN'T ... that is why the CBI said they will remove the large notes with the .000's "Gradually" Because as they get the larger bills in to CBI they will hold them and then destroy them leaving the smaller notes in circulation.
As far as a LOP ... lolo ask yourself these questions.
Points of Great Stride. Iraq's Dinar is doing great ... SO
Iraq "IS 80+% Debt Free" ... WHY WOULD THEY LOP ...
Iraq's Dinar "WILL BE" Globally recognized as a Iraq’s Currency by the first Quarter of 2010 ... WHY WOULD THEY LOP ...
The bank spent $1 billion to $1.5 billion every month in oil revenue to buy Iraqi dinars on the open market, said Mudher M. Salih Kasim, senior adviser to the bank. ... WHY WOULD THEY LOP ...
December 15th 2008, Iraq bought back 282.5 billion dinar ... WHY WOULD THEY LOP ...
Iraq became a SOVERIGN NATION on 1/1/09 ... WHY WOULD THEY LOP ...
Countries are forgiving BILLIONS of Iraq's debts ... Which will mean Iraq would be close to Debt Free with their NEW START ... 80+ percent reduction on sovereign debt ... WHY WOULD THEY LOP ...
Inflation went from 74% down to 14% 13.6% sinse last year ... A Major Plus ... WHY WOULD THEY LOP ...
The U.S. Federal Reserve (A Private Company) did in fact exchange 7.5 Trillion IQD for $5 Billion USD to accumulate $100 Million per year in Interest via U.S. Treasury Bills for Iraq. ... WHY WOULD THEY LOP ...
They have to buy 5 Oil Tankers - How would they buy them at their current Dinar Value ? ? ? ...... Revalue ... WHY WOULD THEY LOP ...
They have under contract to buy 5 new Jet Liners - How would they buy them at their current Dinar Value ? ? ? ...... Revalue ... WHY WOULD THEY LOP ...
They said in 2008 they are to revalue the currency, but they can not because they need to get through options ... they are looking to drop 3 zeros ... WHY WOULD THEY LOP ...
Inflation has also is the lowest in 17 Years ... WHY WOULD THEY LOP ...
Kids are playing in the streets now.
and more, its worth your time ... later
IRD has increased in value since 2003. From 2000.00 to current 1170.00
IRD is the most secured currency in the world from fraud. ... WHY WOULD THEY LOP ...
IRD is new, and the only currency in Iraq ... WHY WOULD THEY LOP ...
Guys listen, no matter what crap others try to tell you remember this, No mater what anyone say's you can get your money back either way. So that is why I will JUST HOLD ON!!!!
no effect ha, that is why you must defend it, lolo I see that ... PATHEDIC
Now Aero, you really needed to show your history trail, lolo that is pathedic. Why don't you tell it the way it really is bud, I mean since your are that up-standing person and all. Maybe you could explain to those other buds that from the time this board started you have done NOTHING BUT personal attacks to "most" of the posters the whole time you were there posting. That is WHY HE WAS BANNED!!!
lolo ok! so now you want to put works in my mouth on a public forum. Now that you have opened your mouth I want you to post the "EXACT" words that I said that said what you just said.
You can not talk to people that stand up for Aero, they just want to start BS. So trying to make since to those will cause you a migrain ... they are not here to do real DD, only BS
YEP!
wow what a game everyone has to play. If they would just do a simple % accross the board they would not have all these deals in the back room. But we all know they "WANT" to creat confusion ... without it they would not be able to cover up their deceptions!!!
Not if I turn in 10K or more in one day's time.
Ya correct! ... thanks bud
So I could make 10,000,000.00 bucks and only pay that approx .12%
well that sounds good. But if I have been holding this, how would they know I am not lying. Its not like a stock. Its cold hard cash I have had for five years.
Ok I here what your saying, but it is sounding like it is conflicting ...
1 - short-term = my income tax rate (.10% to .35% approx) depending how much I make
2 - long-term = Meaning:
- A - long-term = approx 12% "ONLY"
. &
- B - Tying my money up for a Year or more
So you are saying:
once I HOLD the money longer than a Year I am automaticly using that
long-term = approx 12% "ONLY"...
Meaning I would "HAVE to hold" the origional investment (the money I invested) itself, for that year or longer in order to Qualify, to get that approx .12% ...
Am I getting you correctly!!!
Ok I here what your saying, but it is sounding like it is conflicting ...
1 - short-term = my income tax rate (.10% to .35% approx) depending how much I make
2 - long-term = Meaning:
- A - long-term = approx 12% "ONLY"
. &
- B - Tying my money up for a Year or more
So you are saying:
once I HOLD the money longer than a Year I am automaticly using that
long-term = approx 12% "ONLY"...
Meaning I would "HAVE to hold" the origional investment (the money I invested) itself, for that year or longer in order to Qualify, to get that approx .12% ...
Am I getting you correctly!!!
Ok I here what your saying but it is sounding like it is conflicting ...
1 - short-term = my income tax rate (.10% to .35% approx) depending how much I make
2 - Meaning:
- A - long-term = approx 12% "ONLY"
. &
- B - Tying my money up for a Year or more
So you are saying:
A = once I HOLD the money longer than a Year I am automaticly using that
long-term = approx 12% "ONLY"...
Meaning I would "HAVE to hold" the origional investment (the money I invested) itself, for that year or longer.
Yes I know its long term. But the question is if I have held it for a longer time, then is a reduction in rate chart they use.