Thread: Iraq/Dinar News. 09/05 to 01/14/07

Originally Posted by optimist48

This Firm is supposed to be one of the very best for tax advice, asset protection, offshore, etc.......Kind of expensive but probably worth it.....


Henley & Partners - Exclusive private residence solutions, trust and corporate services, tax planning, offshore trust, offshore residence, offshore, residence, trust, tax, planning, corporate, services, companies, second passports, second citizenship

Well it looks like we won't be needing this! What we will need is a bankruptcy lawyer!!!!!!!!!!!

Originally Posted by Nomrah I

This was posted a couple weeks ago on IIF by Mc Dig. I think it is brilliant and wanted to bring it here - I hope he doesn't mind . . . His theory? Security won't improve until the Economy/financial situation improves. Enjoy . . . .

Mc Dig said Imho,

A large, overnight r/v is necessary. The hydrocarbon, and foreign investment law will require oil and natural gas sales to be in Dinar, also all foriegn investment in the oil industry and country at large will, by law, be made in Dinar.

The oil industry, does not care about security or lack there of. They will make a cost benefit analysis that will include the risks to property and human life. Given the vast oil and natural gas reserves and the low cost of extraction; they will be fighting to invest their billions and billions of Dinar into oil contracts, refineries, infrastructure etc.

This will create an instant and high demand for Dinar.

Many people think, mistakenly that because they will be running to the bank the day after an R/v with their 1,5,10,5o or 100 million dinar that everyone that holds dinar will do the same. The fact is that the holdings of individual investors are a small, tiny drop in the bucket relative to the trillions held by the treasuries of the US, Britain, etc.

In addition there are the George Soros' of the world who also have billions on billions of Dinar. These large holders that I imagine have the majority of Dinar, are not going to run down to the bank to cash in. They will wait, use their Dinar to purchase oil, and watch the currency rise to $2 and eventually over $3.

So, while you are running down to your local bank, to sell your Dinar. Oil Companies, Governments, other individual investors - large and small- will be buying it up. Because at $.20 or $1.20 it will still be a great investment.

Finally, many have the chain of events backwards- security will not create an environment for economic stability- rather economic stability will creat an environment for security. People would rather have a job,make money buy a car, chase girls or guys, get married and have kids then turn themselves into a bomb. It is hard to be really angry and violent when there are opportunities to prosper.

This is all pure speculation on my part though I would be surprised to see an r/v of less than $.10 and would expect it to be greater.

Thanks for reposting this here, I believe I made a similar post on ROL (my new dinar home).

I think most of us here see the situation this which is why we are all so smart to have invested!

The other thing I would ad is that some see that it is impossible for a sudden and drastic r/v. However when the new currency came out the currency was drastically devalued, and based on what? The market? No. I think they reprinted and devalued, knowing that they could A. stockpile the currency and make tons of money and B. Use a future r/v as a tool / carrot to bring everyone together.

Which is what we are all hoping for, that everyone comes together, makes money and the Iraqis re-build a safe and prosperous country.

Originally Posted by Nomrah I

"Now this post makes the most sense I have read in a long while.

If anyone knows this McDig character, please invite him over here."


He's here .... just doesn't post a lot.

Yes, I am here, reading and appreciating what everyone is digging up and brinbging to the table here at RC. And hoping for an October to remember!

[QUOTE=MC Dig;115023]

Thanks for reposting this here, I believe I made a similar post on ROL (my new dinar home).

I think most of us here see the situation this which is why we are all so smart to have invested!

The other thing I would ad is that some see that it is impossible for a sudden and drastic r/v. However when the new currency came out the currency was drastically devalued, and based on what? The market? No. I think they reprinted and devalued, knowing that they could A. stockpile the currency and make tons of money and B. Use a future r/v as a tool / carrot to bring everyone together.

That was awesome, that was the best evaluation I have ever seen!!!!!!!!!!

It was very good! However I think there was a reason to devalue it. It was to get the debts lifted. Plus the money supply IMO! I like what your saying, it dose make some & a lot of sense!!!!!!!!!!!!!!! That has been my thinking. Is that, if they took it away. It will be replaced stronger than ever! You can take that to the bank!!!! Guaranteed!

Disclaimer: Never take financial advise from someone called goldraker........

Originally Posted by ordinaryseawoman

There was some talk on this thread about Iraq becoming the next Dubai. I've thought about that, and I can see it--though it would be a much more conservative Dubai--with Iran as a neighbor, I don't think they would tolerate the...Western "extremes" you might find in Dubai...

Personnally, I did not know much about Iraq before I got into the Dinar, so I can't compare their cultural standards, or general standard of living.....

Iraq has been known to have a very well educated and middle class population which is a step above most nations. The only thing lacking is BACKBONE to stand up against dictators. This trait seems to be predominant in the arab world.

I like history and researching. So the dinar/Iraq is fun to do - with everybodies help here with the lastest updates. But researching the news and taking book after book of notes. Why is it that people like Chadm come here and get me ALL CONFUSED!!! He posted and I dug in my notes and came up zero on what his post says.

Then Ya'll that are a great support to ROL know Chadm is a "pain" to putting it nicely. So help a newbie here - how in the world do ya'll keep up with who's who? I'm lucky to keep up with Iraq news let alone people posting.

My HAT IS OFF to ya'll that have the gift

ROL FOLKS ARE THE BEST!!!

We thank SGS for sending this link everyday - so much better then IIF - even my husband reads this place when he gets off and now gets up at 3:30am to read before heading out at 5:20am.

THANK YOU ROLCLUB FOR BEING THE BEST!!!

No Zero Lop Or Reprint. This Was Even Confirmed By Someone At The imf Recently.

No lop or reprint, confirmed in a phone call to someone within the IMF. It would achieve nothing, put investors off, not allow any buying power for their people and piss a lot of countries off!

After signed by the main components. Era ending
(Voice of Iraq) - 04-10-2006 | This issue was sent to a friend

After signed by the main components. The ending of the violence has broad parliamentary support


Baghdad / champion Hisham became commoners
Prime Minister Nuri al-Maliki that the presence of an agreement with the leaders of the political blocs been agreed on the formation of popular committees to oversee the security situation in areas of the city of Baghdad, aimed at reducing the violence and to stop the bloodshed and control information.
He said al-Maliki told reporters after the meeting that the conferees p. "to stop the bloodshed and the adoption of effective political dialogue and constructive alternative to violence."
He added : the meeting agreed on "the formation of subcommittees joint field in the different areas of Baghdad composed of representatives of the political blocs, religious scholars and tribal leaders and dignitaries and representatives of the armed forces for the purpose of responding to acts of violence and work to enclose it."
He explained that the mechanisms of the Agreement provides for the "formation of a follow-up committee centralized, its follow the general security situation in Baghdad, with local committees and coordination with the general command of the armed forces, the formation of a joint briefing to control the media, The audit plan in a meeting held monthly to assess performance and make the necessary adjustments and whenever the need arose to do so. "
The meeting was attended by Adnan Al Dulaimi, head of the list of compatibility and Tariq Al-Hashmi, Vice President of the Republic and head of the Iraqi Islamic Party and Jalal Eddin small United Iraqi Alliance, Hadi Al-Ameri, a member of the coalition and representatives of the Sadri trend, the Virtue Party and representatives of the National Dialogue Front list.
It was hoped that the representatives of the political blocs in late yesterday, Tuesday, to formulate a program to help the success of this agreement and will be recognized in the light of what other procedures.
On the other hand, praised the Speaker of the Chamber of Deputies d. Mahmoud Almshahadani in the parliamentary session yesterday, including the Prime Minister reached with the leaders of the bloc.
The interaction of members of the House with a document called the others to the formation of a patriotic front comprising all political parties and movements in the fight against terrorism. The Hassan Al-Sunaid member of the House of Representatives from the United Alliance bloc that plan to sign a document consistent with the project of reconciliation and national dialogue. He said Al-Sunaid told (long) that the signing of this document clearly reveals that everyone affected by terrorism and the refusal of Iraqi blood waste. He called Al-Sunaid political blocs to form a unified national front in the fight against terrorism. He expected that the countries of the region stand with this front. Mushir out that the blocks can now move to the formation of the front in light of the Legislative Chapter II of the House of Representatives.
For his part, Adnan Al Dulaimi, head of the Iraqi Accord Front that the signing of a document between the political blocs would have a significant impact on stopping the bloodshed of the Iraqis and Al-Dulaimi added that all the political blocs is determined to make this document because it will work to stop the violence and the deteriorating security situation, which is getting worse day after day.
Al-Dulaimi and pointed out that all the political blocs unanimously to overcome all obstacles that impede the application of this document and follow every possible means to help in the success. He explained : All denominations have been struck by acts of murder, kidnapping and theft of houses and banks, destruction and burning of mosques and Hussainiyat It was the signing of this document at this time is very important to reduce these operations.
So counting member of the House of Representatives on the Iraqi front for national dialogue Mohamed Aldaine the document the signed between the political blocs was a step long awaited by all.
He said Aldaine told (long) that the step Prime Minister Nuri al-Maliki is moving in the right direction and hope that the subsequent steps to strengthen this progress and added that what is needed now to achieve its corresponding obligations on the ground because people will wait and see and judge what the situation in the coming days.
For his part, he said. Saleh Ekeli member of the House of Representatives from the United Iraqi Alliance bloc that the document did not find its way to implementation or application only if sincere signatories. He added Ekeli told (long) for the activation of this document must be for the parliament sessions Achd provocative speeches because the Iraqi street responds to the rhythms of the speeches that the parliament. Stressing the necessity of activating the media and realistic. Ekeli and supported the formation of a patriotic front of all parties and political movements to combat terrorism. He said : reality fold if political efforts will be in a front "automatic". He added Ekeli also call for the formation of a patriotic front to combat terrorism, which feeds from the Golan. He pointed out that this step is through a thousand miles, which begins with one step. Alyan, in a statement to journalists said that the application of this document requires the cooperation of everyone with the government to stop the deterioration of security. He stressed that Alyan Accord Front will cooperate with the government to find ways to stop this violence. For his part, Hadi Al-Ameri, member of the House of Representatives from the United Iraqi Alliance bloc, and one of the signatories to the document, we found determination by the parties and blocs that have signed the document to stop the bloodshed. He told Al-Amri (long), we agreed to control the supporters of each party. He pointed out that these parties and blocs will soon be a rally to stop the sectarian violence.
Meanwhile, here throttled Massoum member of the House of Representatives from the Kurdistan Alliance parties that have signed the document. He said, we support the document in order to restore security and stability to the country.
Hamid Majid Moussa, a member of the House of Representatives from the Iraqi National Bloc is also supported here on the parties signing the agreement. Moussa called political parties and blocs to turn words into action and cooperation between the parties to save the country from acts of violence.
He said Abbas Bayati member of the House of Representatives from the United Iraqi Alliance bloc that the signing of the document came against the backdrop of political and security repercussions that have occurred in the recent period, which dictated that signature to curb sectarian tension and stop the bloodshed, especially in Baghdad, said Al-Bayati told (long) that this initiative came from before it was o Minister for bringing together all Iraqi political, , which he described as a series of national reconciliation, explaining that all the blocks signatories to the document dealt with a sense of patriotism and agreed to activate the principles of the document and the need to be translated into reality through practical actions and through the executive committees.
So the United States declared support of the agreement, announced by the Prime Minister with a number of leaders of the political blocs to stop the violence in the country.
This came in a joint statement issued by the United States Ambassador to Iraq Zalmay Khalilzad and the commander-in-chief of the multinational force in Iraq, General George Casey.
The American ambassador that the agreement is an important step in the right direction, adding that this shows that the Iraqi leaders want their country to succeed.
The ambassador expressed that the agreement contains four items came after two days of frank and intensive discussions and negotiations between the political parties.
Long

Sotaliraq.com

Disagreement between the coalition and consensus on the presidency of the Committee of the Regions

(Voice of Iraq) - 04-10-2006 | This issue was sent to a friend

Disagreement between the coalition and consensus on the chairmanship of the regions and governorates


Baghdad / long
Heard the House yesterday to the second reading of the draft law on the executive procedures for the formation of regions by the Legal Committee. A correspondent (long) at the Palais des Congrès, a disagreement broke out over the chairmanship of the regions and governorates of the House of Representatives between the Kurdistan Alliance and the Iraqi Accord Front, With the coalition refused to be chaired by Hussein Alvluji Member of Parliament for a consensus. harmony said it would insist on his candidacy for the chairmanship of the Committee.
The deputy said the Kurdistan Alliance Fread Raundzi during the parliamentary session "Kurdistani list will not vote for presiding over Hussein Alvluji of the regions and governorates that make statements always bursts towards the other parties." However, the Accord Front refused to change its candidate, He said Speaker Dr. Mahmoud Almshahadani response to the refusal of the existing Kurdistan for the nomination Alvluji "This rejection is unacceptable."
Almshahadani decided at the meeting to form a committee consisting of a "three members of the Legal Committee and the same number of the Territories to add amendments to the first reading of the draft law of the provinces."

Sotaliraq.com