Dinar RV Update
Hello Everyone,
As you know, today is a day that many expect great news. So far it’s quiet. Others are looking at Thursday. We will continue to monitor closely and see what happens.
The weekend was very busy with rumors, particularly bank rumors. They were very exciting but did not pan out, so I’ve spared you the let downs.
One bit of interesting bank news that is real is TD bank. All TD banks (which are located throughout the East Coast) currently do foreign currency exchange.
Concerning the dinar, they are selling them now.
Gary Cook, manager of the Clinton, Maryland branch says people are lining up to get it, and they will be handling exchanges after rv. He and several of his tellers also hold dinar and are excited.
Here is what they do:
Currently selling at $114 for 100,000 dinar.
After dinar rv:
If you have no account, you can take you dinars there, open an account, and they will give you $1500 cash immediately, then send the dinars out and wire to your account or send you a check in five days.
If you have an account, same deal but you can get $5,000 up front.
Now Ali has a better deal as far as the immediate wire transfer of all your money to your account, however, if you live on the East Coast and need some cash to fund your trip to Ali, set up corporations, hire financial professionals etc., this may be a way to go, at least with one of your dinar notes.
You can go to www.tdbank.com for more information and to find a location near you.
For those of you who are wondering, no, I do not work for TD bank, and I am not getting paid to share this information. As always, I am only passing on what I know that I feel will benefit others.
I also have other cash in options I am organizing and will have that information on here later today, tomorrow at the latest. I am preparing a dedicated page just for that.
Plus, as always, I will keep you posted with any new, worthwhile dinar rv news as I get it.
Admin
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November 17th, 2009 at 1:01 pm
Hi just went threw this yesterday someone saying they bought from TD Bank , I called them a branch in Manassas, VA and they confirmed they don’t sell dinar or buy them in anyway now please explain why you posted this if this isn’t true?
And i will post the phone number and everyone can call to get the same answer i got
November 17th, 2009 at 1:23 pm
I found this link in one of these from Oct 6 and it has a link to the Un and they do speak of the RV.It is a long read but it looks like the RV won’t happen til after Dec.31.Give it a read and see what you think.
http://www.un.org/News/Press/docs/2009/gaab3917.doc.htm
November 17th, 2009 at 1:29 pm
Interesting James – There’s two of them in Manassas, maybe try the other one and ask for foreign exchange or call the Maryland branch. Thanks for info Admin
November 17th, 2009 at 1:31 pm
I just read on another forum that someone went to the military finance to purchase dinar today, they were told no, it’s on hold till the new rate comes
November 17th, 2009 at 1:32 pm
meant to include, this took place in Iraq
November 17th, 2009 at 1:33 pm
Heres another part of the same but short.
http://www.un.org/ga/contributions/sessions.shtml
November 17th, 2009 at 2:42 pm
OK just to clarify a few things here first i want to apologies to Larry about the last post i made , Now i didnt talk to a local branch but talked to customer service and she did say you could go to a local branch and order dinar but thats all i could get out of her she said she really didnt know anything else i will call the local branch tomorrow and get this straight
Again thanks Larry for the info
November 17th, 2009 at 2:50 pm
Very strange that just yesterday TD Bank told me they did not do any dealings with the Dinar and now were getting some where and it was overnight so maybe this means that there could be a RV and it could be overnight
November 17th, 2009 at 2:52 pm
Thanks for the update. We visit your site daily.
November 17th, 2009 at 8:14 pm
Guys how can we have an RV/RI if the chapter7 is still there..can anybody explain to me.
November 18th, 2009 at 1:45 am
TD bank has been accepting dinars at least since May when I first opened my account. My sister just opened an account last Fri. at TD Bank in Woodbridge, VA and they were willing to cash her dinars in right then. Of course she declined.
November 18th, 2009 at 5:23 am
I bank with Mercantile in Florida.
As of last Friday , she told me No more dinar for awhile.
Not selling ,but would cash in . . . ?
November 18th, 2009 at 5:39 am
I got this response to an inquiry I sent in to the TD Bank:
Yes we are presently trading New Iraqi Dinars in our stores. Please contact your local store for further information.
Regards,
Chris Reilly
Assistant Vice President, Foreign Exchange Sales
TD Bank, America’s Most Convenient Bank
200 State St, 10th Floor
Boston, MA 02109
Mail Stop: MA223-11
Office 617.310.0906
Cell 781.853.8038
Fax 617.737.8054
chris.reilly@tdbanknorth.com
November 18th, 2009 at 3:00 pm
I visited my local branch of B of A yesterday and confirmed with a representative that New Iraqi dinars are being accepted there. He showed the teller’s book for accepted currencies and all New Iraqi dinar notes were there.
Branch Location: FM 518 & FM 270, League City, Texas
November 18th, 2009 at 3:29 pm
Paul — BOA will sell Dinars or cash them in? Also, did they specifiy it had to be for travel purposes? Thanks for the info!
November 18th, 2009 at 11:03 pm
Letter from CBI – November 18th 2009
Mr. Vxxxxxs,
Apologies for the extended delay of this reply. Thank you for your inquiry regarding the revaluation of the Iraqi Dinar. Currently we are not told what is discussed behind closed doors, but I can say that there are plenty of rumors amongst bank employees regarding a revaluation of the currency. We are not sure when this will happen, since there is a long list of procedures before this can be accomplished.
We here at the CBI are excited of the rumors at the moment. There have been many meetings here throughout the month of October and November with government officials, which can really only mean one thing, a revaluation is in the works.
I can only think of the possibilities for Iraq once the currency is worth something to the people of the world and we here in Iraq are able to travel and trade freely amongst the international markets.
This is the only information I have, sorry I could not be more specific with the information you had requested.
Kind Regards,
Al-Bin Ra*****d
Customer Service
cbi@cbi.iq
+964-1-8165170
November 19th, 2009 at 2:50 am
1153 to the dollar at 0700 (7am ) thursday
November 19th, 2009 at 3:24 am
James,
The letter you posted that allegedly came from the Central Bank of Iraq, has been posted on another forum. Some of the forum members are questioning the authenticity of the email.
Did you personally send in the original inquiry to the CBI?
What was your inquiry?
Did you personally receive the response?
November 19th, 2009 at 11:21 am
I just left a Bank of America branch in Florida (West Coast) and they are neither buying or selling Iraqi Dinar… they have in their currency book; however, they are not accepting it at this time. (Tarpon Springs, FL)
November 19th, 2009 at 12:49 pm
Hi Engled i did not write this letter no
but i have something else here maybe someone can make some seance of it
im on the MOP website and found this
http://www.mop-iraq.org/mopdc/index.jsp?sid=1&id=308
This action shows that the official exchange rate overestimates the value of the dinar, compared to the foreign currency and from the promoting goods substituting imports and export commodities point of view of.
And in support to this view is the state’s utilization and in a broad approach to the customs and quantitative protection policies especially for consumer goods, as well as export subsidies that exports have through an amended export exchange rate.
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.
November 19th, 2009 at 5:05 pm
I wonder if this means anything positive?
http://www.reliefweb.int/rw/rwb.nsf/db900SID/EGUA-7XXQAK?OpenDocument
November 19th, 2009 at 5:27 pm
James;
Good find. However I believe you may have mis-stated the analysis. In fact it states that the true economic rate for investment anaylysis should be 1.134 USD per Dinar, as compared to the published rate of 3.208 which they say is overvalued. It seems to me someone may have slipped by possibly stating the expected rate of 3.208 by mistake. Wouldn’t that be great!
Look at item#2, the second last sentence. Let’s hope.
November 19th, 2009 at 5:51 pm
It all looks good to me.I wish it had a date.That was a good find James.1.13, 3+eitherway it just needs to happen before everyone in the world gets in.Alot of us bought in years ago and earned this.I will be a little pissed if all these people that just bought in last week get rich over night.But as long as it works out whatever right.
Go Dinar!
November 20th, 2009 at 4:32 am
Why are there no small bills or coins?
It seems if it was going to RV then there would be smaller notes and coins.
Please help me out here, becouse I dont understand.
Thanks
November 20th, 2009 at 6:52 am
OK this is looking like some really good news
http://www.forex.tradingcharts.com/quotes/index.php?sym=usdiqd&Submit=Go&tz=GMT
November 20th, 2009 at 9:37 am
All my dinars are in small notes of 5,000 10,000 & 25,000. I got all mine in October.
November 20th, 2009 at 10:18 am
Iraq to join the GCC Trade Federation.
http://www.menafn.com/qn_news_story_s.asp?storyid=1093266761
The GCC will meet again next month. Does anyone know how this will impact the possibility of an Iraqi RV?
November 20th, 2009 at 11:30 am
Eagled … I believe your posting was dated in August of 2009 (it appears that way).
November 20th, 2009 at 12:43 pm
Hey James , I looked at that FOREX and the rate has not changed since
12;02 pm has it been like that or just today?
November 20th, 2009 at 12:57 pm
I’m not sure i was just looking around and found it , I also haven’t seen anything on the CMS Forex either the guys they just signed with maybe it takes a few days
November 20th, 2009 at 1:08 pm
Larry….EagleD asked you a question about the letter you posted and all you did was dance around it,
First of all, The letter was not dated November 18th like you wrote.
Secondly and more inportantly, someone else on another website contacted the CBI and then fowarded a copy of that letter.
CBI responded that their is nobody there with the name on the letter, and secondly there is no way that anybody would have written that letter.
They do not use the term closed doors, They are not alowed to talk about any dealing with the government.
And thirdly, The phone number listed is a not there number.
Please refrain from posting fake letters, information. People read things here and on other sites and make decisions that can cause financial devistation.
The Dinar will RV at one point in time. Nobody really knows, because nobody has any real information.
November 20th, 2009 at 2:29 pm
OK now you need to go back to post 20 and read what i said i didn’t dance around nothing
November 20th, 2009 at 4:16 pm
Hey Mark……First off, it was James that posted the letter not Larry (?). Secondly, try actually reading the post before you respond to it (you might spare yourself from looking foolish). And third, if you don’t like people posting rumors on a sight dedicated largely to rumors….maybe you should choose another place to spend your time. JMHO, of course.
November 20th, 2009 at 6:05 pm
Jesse,
Thank You.
Is Iraq currently a member of the GCC?
November 20th, 2009 at 6:28 pm
responding to post 20 go and read the page again and then read what it really means. I have attached the meaning of “Shadow Price of Foreign Currency” to help everyone understand.
1. The shadow exchange rate (SER) is the economic price of foreign currency. There is a common misconception that if the market for foreign exchange is a free float, the shadow exchange rate (SER) is equal to the market exchange rate. That would be the case only if there were no taxes and subsidies on the demand and supply of tradable goods, if all commodities and factors were priced at their economic value, and if the current account deficit was sustainable. In all cases, the SER will diverge from the market or official exchange rate (OER).
2. Exchange rates are one of the key macroprices affecting project performance. If the OER is taken as the SER, and the OER is overvalued, then projects producing nontradables with tradable inputs are favored relative to projects producing tradables with nontradable inputs. On the other hand, if the OER is undervalued, projects producing tradables with nontradable inputs are favored relative to projects producing nontradables with tradable inputs. In the event that the OER is depreciated to attain external competitiveness, or the OER is appreciated to attain internal competitiveness, project performance suffers. In general, the greater the divergence between the OER and the SER, the more likely will depreciation or appreciation occur and affect project performance.
November 20th, 2009 at 6:32 pm
Here is another explanation of Shadow price of currecy.
Shadow prices are the values which replace market prices in THEORETICAL calculations when it is felt that market prices do not represent the true economic value of the good or service.
These are also referred to as economic prices, accounting prices, “real” prices or reference prices. They can be divided into two major categories, efficiency prices and social prices (see below for definitions).
Originally, the expression shadow price was only used for the prices calculated by a mathematical model (the dual in linear programming) but the term is now in more general usage.
November 20th, 2009 at 10:37 pm
does anyone really know for sure if the dinar is going to revalue anytime soon. lot’s of hype but is it for real
November 21st, 2009 at 5:48 am
Ok I have heard everything form $.03 to 7.00. But from evry thing I have read on line it should not be long off. The bad part I do not know what is fact or fiction.
November 21st, 2009 at 5:51 am
back to 24. What I meant was the are no ones, fives, tens. or even a dime.
November 21st, 2009 at 7:49 am
IMO No one really knows when this will RV or RI , I have a friend that im gonna go see this weekend hes from Iran but he does invest hes always moving money around from country to country , I will ask to see if he knows anything at all about Iraq and the Dinar and i will report this as soon as im done
November 21st, 2009 at 8:02 am
mikey mike, I have been wondering the same thing.
James, Looking forward to see what he says.
November 21st, 2009 at 8:12 am
There are links above that I and James posted that are the only legit things I’ve seen.One from the UN and one from the MOP of Iraq.It looks to me it should happen soon but not til after x-mas.I hope it will be sooner though.
November 21st, 2009 at 8:17 am
Hey guys i do know this and looks really good not from my friend but we are now live with forex very good news
http://www.forex.tradingcharts.com/quotes/index.php?sym=usdiqd&Submit=Go&tz=GMT
November 21st, 2009 at 8:26 am
OK now a very interesting chat this is not me but it sounds good
[IraqofLamb] okay….
[IraqofLamb] this is what I predict will happen
[IraqofLamb] in order to fix the global banking system…
[IraqofLamb] the following must happen..
[IraqofLamb] All currencies will experience a re-valuation.. most just a market adjustment (small one)..
[IraqofLamb] but the DINAR will experience a large one..
[IraqofLamb] The Iraqi Central bank is owned in large part by the rothchilds.. same people who have their insignia on the LA RUE machine..
[IraqofLamb] these people never lose..
[IraqofLamb] the contracts of OIL.. back up.. all the currency.. plus gold in the Iraqi bank
[IraqofLamb] okay? so all the currency printed is based on POPULATION and OIL in the ground.. plus GOLD
[IraqofLamb] the IMF and the WORLD BANK.. controlled by the UN.. have demanded.. and asked for the Re-valuation
[IraqofLamb] you have also seen this in PRINT.. via the UN press release
[IraqofLamb] so the revaluations happen.. which I have sources say it has already happened in the far east
[IraqofLamb] Like — china..
[IraqofLamb] So … after the revaluations.. guess what? the USA is the number one holder of the DINAR
[IraqofLamb] The US Treasury then becomes rich over night..
[IraqofLamb] 21 trillion of more..
[IraqofLamb] ok
[IraqofLamb] still going
[IraqofLamb] Then.. the Banks will in the USA go to BASIL II… or shortly before..
[IraqofLamb] the debt of the third level will be RESET .. wiped out.. so the audit lights can safely be turned on
[IraqofLamb] ok
[IraqofLamb] still going
[IraqofLamb] Then.. the Banks will in the USA go to BASIL II… or shortly before..
[IraqofLamb] the debt of the third level will be RESET .. wiped out.. so the audit lights can safely be turned on
[IraqofLamb] then the USA Government will release huge settlements into about 500 different banks..
[IraqofLamb] all held in TRUSTS..
[IraqofLamb] So the banks can’t touch the money .. but they can trade against it.. and they can also loan against it..
[IraqofLamb] So the banks will have two new reserve systems.. one in the banks.. and one against the new DINAR money held to buy OIL cheap from IRAQ
[IraqofLamb] and to have reserves in the Treasury based on OIL and GOLD held in the Central Bank of IRAQ
[IraqofLamb] so the day is saved.. because now the banks are broke..
[TerryK] Very well put Iraq
[IraqofLamb] So the treasury in the USA takes over from the now defunct FEDERAL RESERVE
[IraqofLamb] you see also.. that the law has passed now to audit the FEDERAL RESERVE?
[IraqofLamb] this is to switch over.. to the TREASURY CONTROL.. and officially release this information
[IraqofLamb] Wells FARGO…
[IraqofLamb] and also… CHASE
[stnkng1] we are the worlds biggest damaged stock in the history
[IraqofLamb] but still the DINAR may not be enough.. but the settlement held in the banks under trust.. will help them
[IraqofLamb] OBAMA will be able to .. and knows with the DINAR going.. he can do his Health plan.. and peel off a TRILLION for it
[IraqofLamb] where would he get this money?
[IraqofLamb] Obvioiusly from the US TREASURY
[IraqofLamb] So that’s it.. I’m done
November 21st, 2009 at 8:57 am
James, I hope you are correct. The ideas you’ve presented make as much sence as anything else I’ve read or heard recently. Thank you for your well presented and very thought out sinerio.
November 21st, 2009 at 9:18 am
I wish he had Obamas ear.It is an awsome plan I hope he is right.
November 21st, 2009 at 10:42 am
Just post and explain why you feel you have to delete so many posts. If only these people knew how many were actually just getting deleted and not ever being read. Some put alot of thought into what they write and you just erase it like you own the internet. So in essence those who read this post are only getting exactly what you want them to get. You are probably a broker yourself because you don’t want anything negative posted about the RV. Why is that? Do you not think people have the right to hear both sides? You are either a broker or a communist, one of the two.
November 21st, 2009 at 10:46 am
Who are you talking about BOB??????
November 21st, 2009 at 10:55 am
That chat sounds like absolute FIDDLE FADDLE to me, I can’t believe people are that gullible to buy into EVERY rumor and just some flat out LIES.
All I have to say about all of this is, “YEAH RIGHT!!”
This currency is going to rv NO TIME soon if at all.
November 21st, 2009 at 11:00 am
Parson, Do you hold any Dinar?
November 21st, 2009 at 11:04 am
Bob,
If you take the time and read through all the comments throughout this blog, you will see that I post comments of all opinions weather they agree with me or not. The only posts I delete are one’s that bash other readers and contain foul language. Although some still make it through before I have a chance to catch it. I do not try to hide different opinions about the dinar, I simply try to keep the blog clean and respectful for all who participate. I welcome heated discussions and sharing of all kinds, but not abuse. That is why blog owners have the ability to moderate. Plus, there are plenty of sites out there that portray this investment as a scam. If that is what a reader wants to read about, they can go there. No one is forcing anyone to read this blog and/or not read others. That is not what this blog is about, although I do welcome various opinions here but with respect. If what is posted on this blog is upsetting to you, then simply don’t visit again.
November 21st, 2009 at 11:04 am
Yes I do, and am growing VERY tired of all of the Thursday rumors that come out just to pump up dinar sales. And NO, I am not going to sell my dinar, I am in this for the long haul, but that’s just it I feel that it is going to be a LONG HAUL.
November 21st, 2009 at 11:07 am
I for one APPRECIATE the hard work that admin does in giving information & keeping this blog up and running.
November 21st, 2009 at 11:09 am
Thank you Parson. I appreciate you saying that.
November 21st, 2009 at 11:12 am
Well based on your last 2 comments it seems you think its not gonna happen at all If you really feel that way i will buy your Dinar but only at half the cost
It really shouldn’t matter to you cause as you say its not gonna happen anyway
What do you say deal
Oh yeah today happens to be Saturday correct me if i’m wrong
November 21st, 2009 at 11:19 am
Bob, I asked you a question. Man, this site is rough. I know that I was wrong when I said TD bank does not sell Dinar. In fact they do, and they actually have a pretty good rate, realizing that they are in the states and they can really charge whatever they want to.
Secondly, Larry, I take back the thank you that I gave you on the 17th. You are 100% wrong. After I read what you posted, I did a little research of myself and I found out you are 100% wrong. In fact you can’t be any farther from the truth.
The Dinar is going to Rv very soon, probably this weekend or before Thanksgiving. Remember, Iraq does not recognize Thanksgiving. They will take advantage of the fact that they can do the RV on Wednesday night, and America will not be able to cash in until Monday since the banks will be closed till then because of our holiday.
Lastly,BOB, get off this sites back. They do not delete any posts at all. You are the one that probably does not put the info down that they request. Please stop the nonsense and post only the truth. There is not enough time for people to post garbage.
Breelee, I am not going to post any more info to help you out. If you want to post something, then post it yourself.
Please do not try to put the monkey on my back by asking me to do all the leg work myself. You want to post something or an Idea, than you do it.
November 21st, 2009 at 11:20 am
One last thing, I recently heard that it is going to RV at 2.49. They are going to RV at 2.49 for 30 days and then go up to 3.20. That will be locked for 60 days and then it will float.
November 21st, 2009 at 11:24 am
Well, I am just trying to be a realist & also try to remember just exactly WHO we are dealing with, we are dealing with a people who think that we are nothing but a bunch of infidels, what better way to jab a stick in our eyes than to let us liberate their country and then let us sink hundreds of billions of dollars into their country if not even a trillion or more only to have them say, “THANKS FOR NOTHING!!”
November 21st, 2009 at 11:28 am
HAHA who is this other James guy this could get confusing I will change my with another s on the end of my name
November 21st, 2009 at 11:29 am
Well said Admin.I don’t want to hear it’s a scam anymore they been saying that for years.It bums me out, I know it will work out one way or another.Everything happens exactly how it is supposed too and when.For those that don’t have faith in what we are trying to do hear get out.It was a high risky thing to do years ago,now that it’s on the news everyone wants in.Now it’s a good idea.
November 21st, 2009 at 11:30 am
Parson i don’t that our country will let that happen or at least they better not
November 21st, 2009 at 11:33 am
Parson the last post was from me James S
November 21st, 2009 at 11:36 am
James, I certainly hope they don’t let it happen either, but the world has thought that the US yields far too much influence in the world all ready, if this takes place it will only allow us to yield MORE influence.
I also hope you are correct about that $2.49 too!!!
November 21st, 2009 at 11:42 am
Well me too cause i didn’t write that post about how much its gonna be cause i really don’t know
November 21st, 2009 at 11:45 am
I was the first James now im James S cause some one posted with my name so i had to change it just so everyone knows so post 56 and 57 isn’t mine
November 21st, 2009 at 11:49 am
Okay, thanks for the clarification.
November 21st, 2009 at 1:39 pm
Someone trying to put words in your mouth,a James.James S that is.
November 21st, 2009 at 1:42 pm
And to the other James.Where did you hear this.When you find something we apprecaite knowing the source when possible.If you just heard a rumor please say it’s a rumor you heard.If you can back it up thats awsome.Thanks
November 21st, 2009 at 1:48 pm
I’m sure glad we got that straightened out and that everyone is clear.
Have a great weekend everybody! Think positive!
November 21st, 2009 at 2:12 pm
James, Wow!!! I didn’t ask you to post anything. You’re the one that said you was going to see a friend, and you would post it as soon as you were done.
I simply said ” Looking forward to what he said” Didn’t ask for it…So please keep all your comments to yourself. I don’t care.
November 21st, 2009 at 2:36 pm
hu??? whats that all about Breeree I haven’t talked to the guy yet
November 21st, 2009 at 2:36 pm
Man some of you guys trip me out really
November 21st, 2009 at 2:54 pm
You all have been busy while I was at work.
I was possitive last week it was going to hit.
MAN WAS I WRONG.
I understand there is a basket of countries that are going to RV
it will stablize all of the small countries that float + – alot
IMO they will RV with the euro (1.49 )
IMO the RV “ain’t no time soon”
Thats all I got !
November 21st, 2009 at 3:05 pm
Good stuff Bubba
November 21st, 2009 at 3:10 pm
AMEN! and good night Jon-boy!
November 21st, 2009 at 3:20 pm
One of you James’ (read # 40). So responed (read # 41). You came back with you comment ( #56). I replied with (# 70). A little puzzle there for ya.
November 21st, 2009 at 3:55 pm
OK because 56 and 57 was not me don’t know who that is
Admin can you delete those ???
November 21st, 2009 at 5:12 pm
James S, all is good. I enjoy reading all the post.
November 21st, 2009 at 7:46 pm
Just want to share what I have learned today. I was told that the dinar will rv tomorrow (Sunday) at $3.00. I know….. same old, same old. I believe the person that gave me the information and I will be waiting with much anticipation for the results. However, I will not count my “dinars” before they hatch. But, I do believe they are starting to crack……………
November 21st, 2009 at 8:31 pm
And we can’t wait to hear the excuse on Monday morning as to why it DIDN’T rv.
Kool-aid, Kool-aid, can’t wait, Kool-aid, Kool-aid tastes great!!!
November 21st, 2009 at 9:00 pm
Skeevo, you’re very gullible.
November 21st, 2009 at 10:30 pm
Mr. Phonics…I keep reading your post, your inane (look the word up) spelling, punctuation and gramatical corrections, and of course your occassional cheap shots and insults of those who choose to use this forum to express there thoughts and information….and one question keeps coming to mind. Are you ever going to contribute something of real value? Anything at all? Just curious…maybe this is the best you can do. If so feel free to call me a few names, or correct my spelling, or….well you just do the best you can.
November 21st, 2009 at 11:11 pm
I have been watching with the rest of you and seeing the course of events and time unfold as history tends to repeat it self most of the time I invested for the first time only one month ago with the understanding that this is a high risk investment. I am a business owner and make calculated risk decisions daily. The potential of roi should more then out weigh the risk as long as its money you can afford to lose. I am hoping for a rv in any range even at .01 its a winner. Good luck to everyone and myself. I am currently closing a powersports business I started 7 years ago, that was a calculated risk too I am hoping this long shot proves better.
November 21st, 2009 at 11:24 pm
There is no need to look up the word inane, it means lacking meaning, significance, or a point. I think he made his point quite clearly, and really the bottom line is NO ONE knows when this thing is going to rv, & HOW MUCH it is going to rv for.
Last week there was the rumor about the gentleman that got on a plane to cash out at the I don’t remember now what the bank was right off the top of my head,(I think it was Barclay’s) he was going with 4 million dinar and coming back with 6.5 million dollars. I called Ali from Dinar Trade and asked him if he heard this, he said that yes in fact he had heard the rumor and informed me that they actually have an office in England, & that was the bank that they banked with (imagine that) and that there was no truth to the rumor. I asked Ali if these rumors were normal, and he said, “Sir, I have been putting up with this for the last four years.”
The point I’m trying to make is that I have seen friends of mine hear these rumors and run out and get more dinar based on the current rumor only to see the rumor expire. The only people getting rich are the sellers of dinar.
My question is, how many times does a person say, “It is 100% done deal tomorrow!!” Only to see tomorrow come and go with no rv and still be considered a reliable source. If we went to a Dr. and every time they opened their mouth we were misdiagnosed, we would find a new Dr. Yet, there are people who blindly follow what some of these so called “experts” say with EVERY rumor that they say.
It is one thing to say this is what is being bandied about around the world, but this is a rumor or speculation. But to get up and say THIS IS IT, come on now. What happened last Thursday a lot of people took it and ran with it, how could you not when 6 websites had it up. As soon as I got the call that it happened, I called to make my appointment to cash out only to be told I was still holding Monopoly money. I was told by others that I was wrong, and got wrong information, you name it…….I guess my information was right.
What I am saying, is that I am taking all of these rumors with a grain of salt. And ANY information that I hear comes from someone who goes a screen name that starts with an s and ends with a c or starts with a p and ends with an x, I have written off as complete and utter fiddle faddle and will not believe any of it anymore. And that is where most of these rumors originate from. Anyone that will not allow you to question them or their sources need to be avoided.
Yes, I hold dinar, yes I believe that it will rv one day. However, I believe that it is going to continue to be what it has been since 2003, a long term investment. I feel very sorry for the people who have recently invested only to hope that there $500 investment was going to turn into a $1.5 million investment in a couple of weeks. I feel even sorrier for all of those poor souls who were using this investment as a last resort to keep their houses and whatever else they were getting ready to lose.
I hope and pray that I am not correct in how long it is going to take to rv & that in fact it does rv tomorrow at 3+. But one thing is certain, I have made up my mind not to be disappointed in another rumor again.
November 21st, 2009 at 11:48 pm
I am a trusting person and I have been told that I am naive. However, I am not easily fooled. So, I guess I am a tad gullible. I too am taking everything I read and hear with a grain of salt. Will I be disappointed if what I heard is wrong, not in the least? Will I look forward to the next rumor of an rv, most definitely?
November 22nd, 2009 at 4:03 am
I got this off Iraqi news. we have a long weight ahead of us so it looks!
BAGHDAD, Nov 22 (Reuters) – Iraq could get membership in the World Trade Organization by end-2011 if it actively pursues accession, which could help the country’s rebuilding efforts by boosting trade and investment, a U.S. official said.
Iraq began the accession process in 2004 but has taken only the initial steps needed for membership. Iraq’s benefits might also be limited since Iran, one of its main trading partners, is not a member.
But some Iraqi ministries, like the finance ministry, are keen on accession because it would boost trade, and revenues from tariffs, said Larry Morgan, director of international trade at the U.S. Agency for International Development’s Tijara project, which advises Iraq’s trade ministry on WTO issues.
“As it stands, it’s been a very slow process, but they are not that far off from the trajectory,” said Morgan. “I’d say if they apply reasonable due diligence, then they could join by the end of 2011. That would be the earliest they could do it.”
WTO accession stands to increase Iraq’s access to imported goods, introduce standardisation and quality control of goods and pave the way for less chaotic and bureaucratic customs practices, Morgan said.
“It would allow Iraqi customs to join the modern world,” he said. “For Iraqi businessmen or women, this country has one of the worst records of time required to import or export goods.”
Foreign businesses would have a greater sense of protection before venturing into the Iraqi market, aiding Iraq’s efforts to develop tourism and financial services industries, Morgan said.
Analysts however caution that Iraq is unlikely to diversify its economy beyond oil — which already accounts for 95 percent of government revenues — and that red tape and political bickering have thrown many project timetables off track. (Reporting by Deepa Babington; Editing by Michael Christie and Jon Loades-Carter) ((deepa.babington@thomsonreuters.com, Baghdad newsroom, +964 7901 917 023, deepa.babington
November 22nd, 2009 at 4:23 am
Ahrar Sectarian violence to blame as democracy fails in Iraq
(22/11/2009) The Bertelsmann Foundation yesterday released a report identifying Iraq, along with Chad, Somalia and Sudan, as being one of the world’s ‘failed states’.
Sectarian violence has brought the country to the edge of full-scale civil war. The report states “In countries like Iraq, strong ethnic, religious or regional identities undermine state identity and thus tear at the fabric of an already precarious stateness.”
The collapse of democracy which has ensued within Iraq, explains the lack of credibility the present Iraqi government has internationally which is also highlighted in the report’s findings.
Ayad Jalmal Aldin, leader of the Ahrar party, has always campaigned for secularism and unity, regardless of religion. He believes Ahrar’s policies are the only hope Iraq has for a stable future. “The findings are clear within the report. For Iraq to have any chance of a stable future then we must unite and eliminate the sectarian violence that is destroying our country. Ahrar is a party for the people of Iraq.”
For further information, contact:
Ahrar Media Bureau
press@ahrarparty
November 22nd, 2009 at 4:23 am
Sunday 0819 (8:19 am)
1161.25 IQD to $1.00 USD
I can’t wait till next Thursday.
See what we come up with next.
November 22nd, 2009 at 4:34 am
I just wish some of it was true. I’m a newbie to all this. I bought some dinar from a freind who has lost his job and about to loose everything. I got cought up in the hipe when he started telling me about it. and The more I read the more I think its the Pumpers coming up with the rumors
November 22nd, 2009 at 5:02 am
Parson,
I agree….I periodically visit several sights, collect information, rumors, etc. Put most of the information into the ‘circular file’ and move on with my life. Sometimes, weeks go by without even giving the dinar a thought. It seems the level of excitement has inceased of late do to many factors, the passing of the EL (maybe?), the Craimer mentions and waiving of dinar on CNBC, the appearence of Ali at the NYSE, etc, etc. But I also assume people have invested in the dinar the way the would make any other investment….don’t risk more than you can lose, don’t expect overnight success, don’t expect any one investment to make you wealthy. I feel the rumor mill is about to dry up….there only so many ways to tell the same story….and then people can get back to there lives, put the dinar in perspective, pop in occassionaly to see how there ‘old friend’ is doing, and go on with there lives. Do I feel the dinar will eventually RV/RI ? Absolutely, but as you correctly stated…NOBODY knows when. I enjoy the occassional rumor. It’s good entertainment, and every once in a while, it adds a little more excitement to my life. So, let people enjoy the ride, share your rumors…I’ll take them for what there worth, without ’shooting the messanger’ for sharing.
November 22nd, 2009 at 7:24 am
Explorer…I too like you enjoy a good rumor, as you probably do; I end every rumor I hear with, “Well, that’s about as good as any!!”
It is stories like Mikey mike’s that really do grieve my heart, working class people that have been slammed by the economy that are getting ready to lose everything that are grasping at the last straw they can see as a way of keeping everything, only to find out as most have, “If it sounds too good to be true, it probably is.” Let’s just look at the facts for a quick second, we have been told about what happened with the Kuwaiti dinar when it rv’d Iraq & Kuwait are two totally different situations, but we all hoped that lightning could strike twice. Kuwait never had the civil unrest that Iraq STILL DOES have, there is just too many questions that still need to be addressed before there can be an rv I was talking to a friend of mine and he said, “You just can’t trust those Iraqis.”
Yes, we’ve seen a lot of positive news of late, but most just brushed off the NYSE’s article on the dinar being a scam.
I just don’t know how the pumpers, and the M****s, & the P******s, and the Rev. F****s can sleep at night, knowing that there are people that are believing enough to trust everything that they say, and running off and running up credit card debt, & borrowing money from family and friends running down a dream.
I know that I am writing to people that do not profess to know Jesus Christ or even want to (and yes, I also am VERY wearied by “christians” saying that God is behind this and wants to do this for us.) but I am going to leave you this morning with the best words of advice that we could ever hope to receive:
Proverbs 30:7-9
7 Two things have I required of thee; deny me them not before I die:
8 Remove far from me vanity and lies: give me neither poverty nor riches; feed me with food convenient for me:
9 Lest I be full, and deny thee, and say, Who is the Lord? or lest I be poor, and steal, and take the name of my God in vain.
This is the which the Lord hath made; we will rejoice and be glad in it!!!!
I can’t wait to get to church this morning and worship my God in Spirit and in truth, for the Father STILL seeketh such to worship Him!!!
Have a Jesus filled day today!!!!
November 22nd, 2009 at 2:44 pm
Here I sit all broken hearted,
bought some dinar, I heard it started,
I bought a bunch , thought it would do well,
keep swearing on Mondays, I’m going to HELL.
KEEP ON KEEPIN’ ON !
November 22nd, 2009 at 6:09 pm
Check out this site…any opinions?
http://news.tradingcharts.com/forex/2/9/131902592.html
Nov 22, 2009 (Al-Bawaba via COMTEX) — MEDIA INVITATION: Thomson Reuters and Trade Bank of Iraq press briefing and photocall Subject: Iraq and the international financial community Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, cordially invites you to attend a Press briefing and photocall for the announcement of a significant new development regarding the Trade Bank of Iraq and the international financial community.
Present at the briefing will be Niall Fitzgerald KBE, the Deputy Chairman of Thomson Reuters, Basil Moftah, Managing Director Middle East and Africa, of Thomson Reuters and Hussein Al-Uzri, the Chairman of the Trade Bank of Iraq.
Event information:Time: Wednesday 25th November 2009 at 11.30 a.m. Place: Congress Room 2, 4th Floor, Emirates Towers Hotel, Dubai. We look forward to seeing you there.
For more information, please call: Nathalie ViseleDirectorShamal Marketing CommunicationsPO Box 502701Office 106Al Sufouh TowerDubai Media CityDubai, United Arab EmiratesOffice: +971 4 3652711Direct : +971 4 3652712Mobile : +971 50 4576525Fax:+971 4 4278703E-mail: nathalie@smc-pr.comWeb site: http://www.smc-pr.com(C) 2009 Al Bawaba (www.albawaba.com)
November 22nd, 2009 at 6:47 pm
Im going out on a limb and saying this is when the RV happens ,Cause this is where they make the money live on the forex
November 22nd, 2009 at 7:20 pm
All this is, is an announcement through Reuters that The Trade Bank of Iraq is expanding. Do not get your panties in a bunch. Keep the faith, but prepare for a longer wait. The RV won’t hapen until they get that oil pumping at 6 mil bpd. Then we will see our investment take off. Just be patient. I bought 3 years thinking this was at least a 10 year investment. Anything sooner will be a miracle.
November 22nd, 2009 at 7:38 pm
Im still going out on that limb and i wont hide i promise and im also gonna say it should hit the forex at 0.80-1.00
November 23rd, 2009 at 4:01 am
I respectfully disagree with the longer wait. I also was thinking at least 2 or 3 years for an RV, but just look at the activity over the last 45 days. The number of foreign and american companies coming to iraq and not just oil companies. Baghdad International Airport has reopen with flights going to paris this month and wherever gulf air flies. CMS and now reuters. The so call currency glitches. The fact that CBI is only one day behind when it used be 3 days a week ago. Call me crazy but I don’t think Iraq could convience any company to invest millions of dollars a in country that will have worthless currency that may or may not revalue in 2 or 3 years at a unknown rate. Would you?? I know it sounds simple but for these companies to even commit to come over to Iraq they had to be given assurances about the value of the currency and value date.
November 23rd, 2009 at 8:19 am
That is very brave James S.
November 23rd, 2009 at 8:19 am
That is very brave James S.I hope your right.
November 23rd, 2009 at 8:35 am
Hi Joe i love to be brave
hey got something else here too last night around 2:30am ET to regards to post 93 i called and talked to Nat , I asked the big question is the Dinar gonna Revalue on the 25th she said to me now it was like she was reading a script this has nothing to do with the RV and i cannot reveal any of this info , So i asked her if it had anything to do with the Dinar going live on the forex again i cannot reveal any info she said, so on the 25th you will find out
It really seem like shes not telling me everything and i find it strange that she used the word RV , This is like slang for traders isn’t it , Anyway like she said i guess we find out Wed
November 23rd, 2009 at 10:19 am
I must be the only one that already sold so I do not have to watch all the rumors and people get their hopes up only to be let down again. Oh and if you are woundering what I got for my investment it was out of country buyer and i got what he said would be fair value against the upcoming rv I agreed not say the exact amount but I can legally say it was less than $3.00 but more than $0.75. So good luck to you all and enjoy watching this and I hope you do as well as I did. Also so that I do not have to wounder I will tell you I sold my whole investment 15,000,000 dinar.
November 23rd, 2009 at 10:24 am
HAHA swr you are so full of it
Yeah don’t tell us what you got and don’t tell us anymore , Your the only person i know that sold their Dinar but still looks at rumors dude get a life
November 23rd, 2009 at 10:42 am
You make some very good arguments, Karl K. I, too, would be ecstatic if it RV’d in the next few months, but I have waited 3 yrs. and been on this rollercoaster ride before. I had to get off the ride for a while and put my feet back on solid ground. It was driving me crazy. I still check every day, but I have convinced myself that the wait will be a few more years just for self preservation purposes. Iraq has too many natural resorces for this investment to tank on us. Sooner or later their currency will catch up. Of that I have no doubt. Prior to 2003 there currency was at $3.22 while pumping 2.8 mil bpd of oil. They are pumping that now and have enough contracts to be pumping 3 times that in a couple of years. Their goal is 10-12 mil bpd before its over. Imagine what that will do to their currency. They also have number 1 reserves of sulfur, number 1 reserves of natural gas, and plans to supply the whole middle east with agriculture. Iraq is a gold mine without a doubt. Just hang in there everybody. You won’t be sorry.
November 23rd, 2009 at 10:47 am
does anyone know what fed. tax is going to be like?
November 23rd, 2009 at 12:10 pm
that is something you need to talk to a tax acct. about
November 23rd, 2009 at 12:13 pm
101 has to be a PUMPER!!!!!
November 23rd, 2009 at 12:17 pm
Jerry-It looks like it will fall urder capital gains.For investers less then a year 15% a year or longer investment will be under 15%.But there is no currency exchange taxes that I could find.Google capital gain tax. If you find something that says different let me know.
November 23rd, 2009 at 12:57 pm
I just traded 500,000 dinar for 100 trillion Zimbabwe dollars.
November 23rd, 2009 at 2:22 pm
joe, thats what i have been told. i ask two cpa’s they both said long term would be 28% after obama gets through with it.
November 23rd, 2009 at 2:39 pm
LMAO @ Bubba
November 23rd, 2009 at 3:07 pm
Actually my wife is a CPA and works for the government. Long term(more than 1 year) is maximum 15%; Short term(less than 1 year) is the same as your income tax percentage for that year.
November 23rd, 2009 at 3:07 pm
LMAO @ SWR……I think he has a bridge he’ll want to sell us next.
November 23rd, 2009 at 3:10 pm
Plan to spend 35% towards taxes and be pleasantly surprised if/when it is less. you are only setting yourself up for disappointment if you don’t….
November 23rd, 2009 at 3:44 pm
Hey James S my brother bought 10 X 100 Trillion Zimbabwe Dollars for $19.95
He got it because it is the largest bill every made in history.
He’s giving them out with X-mas cards.
November 23rd, 2009 at 4:28 pm
swr…I would like to know concrete information regarding your deal. If I can secure a decent rate I am used to working through a factoring agency with my paperwork and HICFA forms. I would be willing to secure a worthy bird in the hand as opposed to a greater crow in the bush.
November 23rd, 2009 at 5:53 pm
HUH lol
November 23rd, 2009 at 8:13 pm
George….I have had my investment for over a year, when i ready what type of documentation will I need. I made most of my purchases in Iraq where I’m currently located. Thank you for any advice you can offer…And SWR I know of some beach front property in Iraq…would you be interested investing your new found wealth??
November 24th, 2009 at 2:48 am
Karl, I am in the U.S.A. and bought from chase bank. I am unfamiliar with investments out of the country. Are you U.S. military? I really wish I could help. I can call my investment counselor and see if he is accepting any new clients, then I will give you a number or e-mail address where you can contact him. He is real good about giving free advice. He hates to see people getting taken advantage of or making bad investment decisions. Great guy!!!
November 24th, 2009 at 7:37 am
Actually if SWR has found a source to buy the dinar at a pre-RV rate at $1 or more sounds like a sweet deal. I would love to get in on that now so that I could turn around and buy 10X my present dinar for the RV.
November 24th, 2009 at 9:29 am
Where is the new up date??? I hope no news is good news!!
November 24th, 2009 at 9:32 am
Hey Mikey im still gonna chat with my friend from Iran , I know its a long shot but he does play the money thing between countries and very well may know something about Iraq as soon as Ive talked with him i will let you know
November 24th, 2009 at 10:04 am
That would be good. Thanks
I did talk to my bank (BB&T) they are exchanging IQD now. When she called to check on it, she said somthing was up. Becouse thay have been flooded with calls on IQD. This just might be a good sign!!
I was always told where theres smoke theres FIRE!
November 24th, 2009 at 10:35 am
Oh thats cool cause i bank with BB&T and i have been asking and they keep telling me no im gonna call them now
that would be great news
November 24th, 2009 at 10:51 am
I was told Chase would have them and my friend tried to order some and they said NO.
November 24th, 2009 at 1:18 pm
I just got this , it was sent to me.
(19:06:11): YOU ALL KNOW WHAT FOREX IS CORRECT
(19:07:06): IT IS WHERE YOU CAN PAIR CURRENCIES AGAINST EACH OTHER
(19:07:28): AND YOU CAN INVEST IN THOSE PAIRS AND SEE IF YOU CAN MAKE MONEY OF THE PAIRS
(19:07:35): SIMPLE TERMS
(19:08:22): NOW WHEN YOU INVEST IN FOREX HERE IN THE US. WHAT CURRENCY ARE YOU USING TO COVER THE COST OF THE CURRENCY PAIRS?
(19:09:19): OK SO THE SAME IS FOR ANY COUNTRY
(19:09:57): WHEN THE IRAQI BUSINESSES SIGN ON WEDNESDAY IN DUBAI WITH CMS FOREX.
(19:10:19): WHAT CURRENCY ARE THEY GOING TO HAVE TO USE IN ORDER TO INVEST IN THE CURRENCY PAIRS?
(19:11:12): NOW EVEN LETS SAY THEY HAVE USD STASHED AWAY IN THEIR MATTRESSES
(19:11:27): WHEN THEY GO TO DEPOSIT THAT USD IN AN IRAQI BANK.
(19:11:36): WHAT IMMEDIATELY HAPPENS TO THAT USD?
(19:12:16): THANKS OUTSTANDING
(19:12:57): SO IN ORDER FOR IRAQ TO USE THE CMS FOREX IN THE US. WHAT MUST HAPPEN LIKE PRETTY DAMN QUICK?
(19:15:21): 1) CHASE IS SCRAMBLING WITH INFO ABOUT AN RV AND THEY ARE TRYING TO CONFIRM IT TODAY WITH OTHER CORPORATE BANKS
(19:15:38): NOW IT IS NOT AN RV FOR TONIGHT
(19:15:51): THEY ALSO FOUND OUT THE RATE
(19:15:56): WHAT A SURPRISE
(19:16:04): WE ALREADY HAD IT FOR A WEEK
(19:16:17): THE RATE IS $1.49
(19:16:26): AGAIN IT IS $1.49
(19:17:02): NOW THE IMF HAS INFORMED IRAQ THAT THEY HAVE UNTIL FRIDAY OR THE IMF IS GOING TO RV FOR THEM.
(19:17:44): 2) THE CENTRAL BANK OF KUWAIT TODAY SAID THAT IRAQ IS TOO DAMN DUMB TO RV THIS THING. IT WILL HAVE TO BE THE IMF TO PULL THE TRIGGER FOR THEM.
(19:18:03): WHICH IS FINE WITH ME
(19:18:34): 3) AGAIN WE CONTACTED THE CENTRAL BANK OF EUROPE AND THEY ARE STILL IN THE SAME MODE. SOONER THAN LATER IT IS COMING.
(19:19:30): 4) WE KNOW THAT THIS MORNING ONE OF THE LARGEST CORPORATE BANKS IN THE US THIS MORNING CALL FOR A MAJOR INVESTMENT MEETING IN NC FOR TOMORROW.
(19:20:07): THEY HAVE REQUESTED ALL PRESIDENTS AND UPPER MANAGEMENT BE THEIR. THE WEST COAST HAD TO ATTEND IT ALSO.
(19:20:33): THIS WAS BIG ENOUGH TO HAVE TO HAVE ALL THE BIG WIGS AT FOR TOMORROW.
(19:22:30): 5) NOW THIS WEDNESDAY ANNOUNCEMENT IN DUBAI IS LOOMING TO BE HUGE. NOW WE DON’T KNOW ONLY HAVE BEEN GIVEN A HEADS UP THAT THIS WILL BE ANNOUNCED THE SAME DAY AS THE CMS FOREX SIGNING. IT COULD BE ALSO FRIDAY. BUT I JUST CAN’T SEE PUTTING THE CART BEFORE THE HORSE HERE
(19:22:55): NOW IT APPEARS THAT THE RV IS UPON US.
(19:23:14): THAT ALL INFO WE HAVE DOES FINALLY POINT US IN THAT DIRECTION
(19:23:29): NOW IT IS NOT HAPPENING TONIGHT
(19:23:39): SO DON’T DO A MEDIC AND STAY UP ALL NIGHT
SHORTNSWEET (19:23:50): LOL
(19:24:10): NOW I WANT TO EXPLAIN ON THE 45 DAYS
(19:24:21): IT IS NOT A CLASS ACTION SUIT
(19:24:27): YOU CAN’T SUE A COUNTRY
(19:24:40): IT IS PROTECTED BY INTERNATIONAL LAW
(19:25:13): AND THE SUPREME COURT RULED THAT A US CITIZEN CANNOT COLLECT DAMAGES AGAINST THE CURRENT GOVT
(19:25:33): NOW YES THEY CAN PUT A 45 DAY WINDOW ON LARGE DENOMS
(19:25:52): IF THEY ARE GOING TO RETIRE THEM AND ONLY USE THEM FOR INTERBANK TRADING
(19:25:57): OF COURSE THEY CAN
(19:26:26): AND AFTER 45 DAYS THEY CAN PUT THEM AS UNRECOGNIZED FOR ANY VALUE
(19:26:37): NOW WILL THEY DO THIS. MAYBE
(19:26:41): KUWAIT DID IT
(19:26:52): YOU HAD 45 DAYS TO EXCHANGE THEM
(19:27:00): AND AFTER THAT YOU WERE SOL
(19:27:12): BUT AS I SAW EARLIER
(19:27:22): I WILL NEED ONLY 45 MINUTES
(19:28:20): @ $1.49 THEY CAN HAVE ALL OF IT. I WILL GIVE THEM EVEN THE OTHER CURRENCIES I HAVE FROM OTHER COUNTRIES IF THEY WANT IT.
Nov 22, 2009 (Al-Bawaba via COMTEX) — MEDIA INVITATION: Thomson Reuters and Trade Bank of Iraq press briefing and photocall Subject: Iraq and the international financial community Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, cordially invites you to attend a Press briefing and photocall for the announcement of a significant new development regarding the Trade Bank of Iraq and the international financial community.
Present at the briefing will be Niall Fitzgerald KBE, the Deputy Chairman of Thomson Reuters, Basil Moftah, Managing Director Middle East and Africa, of Thomson Reuters and Hussein Al-Uzri, the Chairman of the Trade Bank of Iraq.
Event information:Time: Wednesday 25th November 2009 at 11.30 a.m. Place: Congress Room 2, 4th Floor, Emirates Towers Hotel, Dubai. We look forward to seeing you there.
For more information, please call: Nathalie ViseleDirectorShamal Marketing CommunicationsPO Box 502701Office 106Al Sufouh TowerDubai Media CityDubai, United Arab EmiratesOffice: +971 4 3652711Direct : +971 4 3652712Mobile : +971 50 4576525Fax:+971 4 4278703E-mail: nathalie@smc-pr.comWeb site:www.smc-pr.com(C) 2009 Al Bawaba (www.albawaba.com)
Look like it could be of some interest to all
November 24th, 2009 at 1:30 pm
Bubba where was the chat?
November 24th, 2009 at 1:57 pm
I am in Washington State. Bank of America denies they do anything with Iraqi Dinar yet Dinar Trade in Santa Monica lists BoA as accepting their wires. Could someone please tell me once the RV happens where I might be able to take my dinar to exchange them? Thank you
November 24th, 2009 at 2:05 pm
Like SFMedic I have my super secret sorces way up in the CIA FBI NCIS and
CSI Miami . along with the Hall of Justice.
( I’d have to kill ya to tell ya )
November 24th, 2009 at 3:29 pm
Must be some more Koolaide. Drink up everybody!!!!!
November 24th, 2009 at 3:41 pm
Hey G & P ,
are they still up and running , I looked at nenos and had been NO blogs since the 18th.
November 24th, 2009 at 4:05 pm
Bubba
New site http://www.nenosplace.com
November 24th, 2009 at 4:18 pm
ok so basically the IMF gave Iraq til fri then they take control of the RV ? Explain please Bubba. Thanks
November 24th, 2009 at 4:22 pm
NPR article Iraq Elections Face Delay
http://www.npr.org/templates/story/story.php?storyId=101795064
November 24th, 2009 at 5:32 pm
I have no explaination.
As most folks know I get “a little out there”
I read , pass on info , say stupid jokes and sometimes piss people off.
I don’t even know what half that stuff means.
One thing I do know,
Iraq puts everything off till the last second, and can’t agree on anything . . .
even if its handed to them.
I forget the fraze (how to say it in Iraqi )
“If Its Gods will”
November 24th, 2009 at 5:54 pm
THIS just in, Iraq formed a comittee to get out of Chapter 7
Political first: a higher committee to work on extricating Iraq from Chapter VII
Council of Ministers approved the strategy of poverty alleviation in the country
BAGHDAD – morning
The cabinet formed a higher committee to determine the immunity on Iraq funds and seeking to derail the country’s Chapter VII, at the time of acknowledging the national strategy for poverty alleviation. This was announced by government spokesman Ali al-Dabbagh
He explained that the Council has adopted during the meeting (42) on the usual six important decisions. He said al-Dabbagh said the government had formed a committee headed by Foreign Minister Hoshyar Zebari, the membership of representatives and the rank of Deputy Minister from the ministries of defense, finance, science and human rights, justice and oil, transportation and adviser to Prime Minister’s political and legal contexts, with a view to negotiating with the United Nations and China to study the plan of work to determine vulnerability to money and how to exit Iraq of Chapter VII of the future. and the government approved the national strategy for poverty alleviation in Iraq, recommended by the committee formed at the Ministry of Planning and Development Cooperation in collaboration with the World Bank also agreed to authorize the Ministry of Youth sports authority contracting with a company to accomplish (10) sports halls this year. Ali al-Dabbagh said in a statement received “morning,” a copy of it: The Council of Ministers approved the authorization of the Minister of Transport to negotiate and sign a draft agreement on air transportation between Iraq and Bahrain, as adopted by the Council of State while taking into account all the observations and the Finance Ministry and the Foreign Ministry to prepare and document the necessary authorization in accordance with the approved contexts. He said, “to grant conditional preliminary approval of Plum real estate company to build a city on the banks of the holy city of Karbala through investment and the authorization of the National Investment Commission to negotiate with the company mentioned to put the items detailed investment licenses and presented to the Council of Ministers in order to consider granting investment license according to the investment law that does not follow this agreement any financial or legal obligations to the government or the investment to the company. The Council of Ministers, “the Ministry of Finance to allocate more than one billion dinars from the contingency reserve accounts to the Office of the Prime Minister (social benefits) for the payment of this amount as grants and social benefits and compensation to the victims of an urgent terrorist operations in the region of Taza in the province of Kirkuk, and Sher Khan Tepe in Nineveh province, and victims of other terrorist operations
http://translate.googleusercontent.c…SvT3cJdvsTWvSA
November 24th, 2009 at 6:18 pm
“Insha’Allah” = If Allah(God) wills it. A very common phrase for muslims. Usually used to mean, “This is going to happen unless Allah intercedes.”, although sometimes it can be used as an excuse, as in, “If He wills it, it will happen, if He doesn’t, it won’t, so I’ll just leave it up to Him.”
November 24th, 2009 at 7:31 pm
How do we start a new post?This one is getting long.Maybe after tomarrows anouncement.
November 24th, 2009 at 8:42 pm
There is no need to start a new post. The other post from a few days ago has 224 comments.
November 24th, 2009 at 10:35 pm
And some mighty fine comments they were!
November 25th, 2009 at 8:25 am
Nov. 25, 2009 (Hugin AS) —
Trade Bank of Iraq- first bank (OTCBB:FRBA) in Iraq to join Thomson Reuters (NYSE:TRI) (TSX:TRI) global
foreign exchange trading service
Baghdad & Dubai, 25 November, 2009 – Thomson Reuters today announced
the Trade Bank of Iraq (TBI) will be the first bank in Iraq to
connect to the international foreign exchange (FX) community using
Thomson Reuters Dealing trading service. This deal reinforces
Thomson Reuters strong position in the FX dealing space and further
expands its global dealing community.
TBI, a state-owned bank, was established in July 2003 to facilitate
Iraq’s international trade and the reconstruction of the country
after the expiration of the UN Oil-For-Food Programme. TBI has built
relationships with a network of 120 banks covering 63 cities in 39
countries. It was one of the first Iraqi banks to receive lines of
credit from major international financial institutions.
By joining the professional international FX community through
Thomson Reuters Dealing, TBI will be able to access liquidity and
counterparties across global FX and money markets.
TBI traders will also use Reuters 3000 Xtra, the company’s real-time,
high-performance desktop that delivers a full range of real-time,
cross asset data and analysis tools for global financial
professionals. The Bank’s dealing code will be TBIB.
Zaid A. Mahdi, Vice-President, Business Development at Trade Bank of
Iraq, said, “This connection to the international foreign exchange
community via the world’s leading source of intelligent business
information is a milestone for Iraq and for the Bank.
“The deal means that TBI will be able to widen the range of financial
services it provides to help Iraqi businesses to trade
internationally and grow. It is further evidence that business in
Iraq is gradually returning to the international financial markets.”
Jas Singh, Global Head of Treasury, Thomson Reuters, said, “Thomson
Reuters has maintained a strong presence in Iraq over the last 10
years and we are delighted to support the development of its
financial markets by equipping TBI with the right tools and
information to trade with the wider world. We look forward to working
with them to open further opportunities as their banking systems
develop”.
Thomson Reuters Dealing is used by nearly 18,000 professionals across
5,000 organisations to trade FX spot and forwards, as well as money
market, fixed income, commodities and derivatives in over 120
countries.
About Thomson Reuters
Thomson Reuters is the world’s leading source of intelligent
information for businesses and professionals. We combine industry
expertise with innovative technology to deliver critical information
to leading decision makers in the financial, legal, tax and
accounting, healthcare and science and media markets, powered by the
world’s most trusted news organization. With headquarters in New
York and major operations in London and Eagan, Minnesota, Thomson
Reuters employs more than 50,000 people and operates in over 100
countries. Thomson Reuters shares are listed on the Toronto Stock
Exchange and New York Stock Exchange. For more information, go to
http://www.thomsonreuters.com
About Trade Bank of Iraq
TBI, a state-owned bank, was established in July 2003 to facilitate
Iraq’s international trade and the reconstruction of the country
after the expiration of the UN Oil-For-Food Programme. TBI has built
relationships with a network of 120 banks covering 63 cities in 39
countries. It was one of the first Iraqi banks to receive lines of
credit from major international financial institutions. For more
information, go to http://www.tbiraq.com.
CONTACTS
Thomson Reuters Trade Bank of Iraq
Yvonne Diaz Taiseer Mohammed
PR Director, Financial Services Senior Manager, International
+44 20 7542 2615 Operations Department
yvonne.diaz@thomsonreuters.com +96 479 0194 3584
taiseer.alhairi@tbiraq.com
Candice Sgroi
PR Manager, Middle East & Africa
+971566818021
candice.sgroi@thomsonreuters.com
This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.
http://hugin.info/142273/R/1357013/329971.pdf
(Source: iStockAnalyst )
November 25th, 2009 at 9:35 am
Is there suppose to be some kind of announcement today?
November 25th, 2009 at 10:07 am
Please help me understand. Does this mean that Iraq is now part of the world bank and able to be traded more openly in American banks?
November 25th, 2009 at 10:12 am
I think comment 140 might be it. I hope that as a result of this they can now rv.
Everyone, have a Happy Thanksgiving.
November 25th, 2009 at 12:08 pm
First Post but have been enjoying reading for some time. Does anyone have an update on the big Pow Wow today? Does the TBI announcement mean they are another step further on the RV process? Thanks for any input.
November 25th, 2009 at 2:46 pm
Can anyone tell me the best way to find out if the RV happened?
November 25th, 2009 at 3:06 pm
Ahhh MAN . . . I got censored .
I guess I have to tone it down a bit.
Sorry Cherilynn
November 25th, 2009 at 5:05 pm
LOL Hey Jimmy keep watching . . . you’ll know.
November 25th, 2009 at 10:03 pm
The tbi announcement, in my opinion, may prove to valuable information if it helps the iraqi dinar by boosting its rv past $1.49.
November 26th, 2009 at 2:28 pm
Bubba: Did the announcement happen already that you were talking about in your previous post? If not, its supposed to tomorrow? Hope everybody is having a great Thanksgiving
November 26th, 2009 at 5:16 pm
Happy Thanksgiving everyone. Maybe Friday will finally be our day? Keep the faith.
November 26th, 2009 at 5:21 pm
Just found this on Dinar Trade. Don’t know if it means anything but they don’t post new items often. ???
CBI dollar sales up to $177m
November 26, 2009 – 04:31:38
BAGHDAD / Aswat al-Iraq: The Central Bank of Iraq (CBI) dollar sales rose to $177.470 million in its daily auction on Thursday, compared to $165.197 million during the previous session.
“The demand hit $1.710 million in cash, covered at exchange rate of 1,170 Iraqi dinars per dollar, and $175.760 million in foreign transfers outside the country, covered at an exchange rate of 1,173 Iraqi dinars per dollar,” according to a CBI news bulletin received by Aswat al-Iraq news agency.
None of the 17 banks that participated in today’s session offered to sell dollars.
The Central Bank of Iraq runs a daily auction from Sunday to Thursday.
AmR (P)
November 27th, 2009 at 4:40 am
Does anyone really know if the dinar is going to RV or is it just a quessing game. I’ve read so much I am totally lost. I mean I hope it’s true but lost as to what to believe
November 27th, 2009 at 12:33 pm
I think its just a guessing game jonnie. I too feel the same way. I won’t believe it until I see it at this point.
November 27th, 2009 at 1:05 pm
Just left Wells Fargo branch in North Phoenix – I asked for echange rate on ID -
manager pulled up screen – it showed no ID – he said that they could not give rate or make exchange – bummer
November 27th, 2009 at 5:21 pm
Where is everybody? Bubba, Parsons, James S??? Been missing your posts. Hope you all are okay and just sleepin off the turkey. lol Anyone have anything new? I’m goin nuts here!!!
November 27th, 2009 at 6:41 pm
Well according to one person I shall not name says “life on mars” is connected with the RV. I know, I know, he should lay off the koop aid.
November 27th, 2009 at 6:45 pm
Butterfly:
You need to just batten down the hatch, put another log on the fire and just relax!! RV is not going to happen during 2009 & it probably will not happen before the election.
No rv anytime soon, IMHO.
November 27th, 2009 at 6:45 pm
I mean “kool aid”
November 28th, 2009 at 4:03 am
This is Bubba,
I am visiting family and it hard to get to the net.
I’m gonna cool off on the comments for awhile.
I want it to RV RI or something soon . . . but it could be wishful thinking.
I framed my Dinar, it makes a nice picture. (hide in plain sight)
Just gonna kick back and watch the chatter.
December 1st, 2009 at 2:38 pm
http://www.youtube.com/watch?v=
December 1st, 2009 at 2:42 pm
http://www.youtube.com/watch?v=MeWC59FJqGc
December 1st, 2009 at 6:47 pm
http://www.youtube.com/watch?v=lsGb52-f768
December 1st, 2009 at 6:48 pm
http://www.youtube.com/watch?v=n-c66SJPuUI&feature=related
December 1st, 2009 at 6:58 pm
http://www.youtube.com/watch?v=V8BDYETDM5c
December 2nd, 2009 at 1:02 pm
Cromwell:
What is with the Chet Atkins videos? While enjoyable, what do they have to do with the topic of this forum?
December 2nd, 2009 at 4:59 pm
Absolutely nothing Andrew. This forum has veered off track before you know. I offer them as a distraction from the endless speculating and sometime bickering. I hope someone finds them as enjoyable as I do. Thanks for asking.
“Sameness is the mother of disgust,variety the cure” Francesco Petrarch.
December 4th, 2009 at 3:08 pm
I was just reading 1 Timothy 6 this morning as a reminder
that wealth is not what brings happiness. I told my wife Sharon that I will
be posting this chapter prominently to remind me that with the dinar wealth
comes great responsibility. I pray that serious Christians who will be made
suddenly wealthy “beyond our dreams” will still keep Jesus on the throne of
their hearts. This prayer goes double for me!
Here is a post from my intel who is quoting sfmedic. I think we are very
very close.
God bless you and thanks for your truthfulness through this process. It is
nerve wracking, but we know Who is still and always in control.
sfmedic] OK THE US TREASURY HAS THE RATE.
Ruffian says to (10:31:46):
[sfmedic] THE CENTRAL BANK OF IRAQ HAS AUTHORIZED THE US TREASURY TO RELEASE IT FOR PUBLIC VIEW
Ruffian says to (10:32:05):
[sfmedic] CBI HAS REVALUED THE IQD. ONLY ONE EXTERNAL IRAQI BANK HAS IT. THEY HAVE NOT BEEN AUTHORIZED TO EXCHANGE YET BY IRAQ.
Ruffian says to (10:32:21):
[sfmedic] THE PAYMENT TO THE CENTRAL BANK OF KUWAIT WAS IN DINAR
[sfmedic] NOT IN USD
Ruffian says to (10:32:37):
[sfmedic] NOW THE RATE IS $2.47
Ruffian says to (10:32:50):
[sfmedic] THEY DO NOT KNOW WHY THE TREASURY IN THE US IS HOLDING UP THE RELEASE
Ruffian says to (10:33:02):
[sfmedic] BUT IT HAS BEEN AUTHORIZED FOR RELEASE FOR PUBLIC VIEW
Ruffian says to (10:33:16):
[sfmedic] NOW WE ARE JUST WAITING ON THE TREASURY
Ruffian says to (10:33:26):
[sfmedic] I AM GOING TO GET MORE UPDATES
Ruffian says to (10:33:48):
[sfmedic] BECAUSE THEY DON’T KNOW YET WHO PUT THE HOLD ON THE RELEASE IN THE US
Ruffian says to (10:33:59):
[sfmedic] CUZ IT WAS NOT IRAQ
Ruffian says to (10:34:20):
[sfmedic] NOW ALL WE DO NOW IS WAIT FOR OUR WORD HERE IN THE US TO EXCHANGE
Ruffian says to (10:34:36):
[sfmedic] WE NO LONGER ARE WAITING ON IRAQ
Ruffian says to (10:34:48):
sfmedic] IT IS OUR TREASURY THAT RIGHT NOW HAS IT IN HOLD
Ruffian says to (10:35:01):
[sfmedic] THAT IS IT
Ruffian says to (10:35:10):
[sfmedic] FOR NOW
Ruffian says to (10:35:21):
[sfmedic] SORRY I DON’T HAVE MORE
December 4th, 2009 at 9:50 pm
Amen John! That is something I think and pray about as well. We need to be content and thankful for where we are (financially). We don’t deserve anything. If this goes through it will be a nice “little” blessing ;P
February 16th, 2010 at 3:48 am
An interesting post which has clearly sparked a lot of conversation. From what a lot of other people seem to be saying this RV thing doesn’t seem to be taking any kind of shape and i have not been hearing of any otherwise.
Great information. Thanks.
March 21st, 2010 at 2:47 am
I enjoyed reading this post about Iraqi Dinar Updates » Blog Archive » Dinar RV Update. Really interesting. I will come back to visit this blog again.
May 3rd, 2010 at 4:53 am
Great synopsis of commenting and how to very well written and all that link love you just poured out, great post, if this was a forum you would have a sticky on this.