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

Originally Posted by tiffany

Takes quite a bit more than that to ruffle this little redhead! ;-)

That's funny! I'm strawberry blonde! Maybe we are related?!!?

Originally Posted by karinc

I wish more people would give me their opinion...Not advice, exactly, but what would YOU do? If you could borrow and buy more dinars - would you?
K

Hi Karinc!

It would depend on how many I had. I didn't have very many last week, but with the current events with the cabinet being formed and the world recognition, I bought more on my one credit card. (Which I don't normally like to do, but it was 0% for 6 months)

The topic today seems to be 'Don't buy more than you can afford to lose' .

I don't see this as a losing situation...it's just a TIMING situation because we don't know for certain 'when'. ;-)

So I guess I 'technically' did BORROW from my credit card to purchase more!

Kind regards, and best of luck to us all!
Tiffany :-)

wow!!!...redhead and blonde huh.....lol....too bad u are both married....lol....i think u handled yourself rather well tiff.....its one thing to come in here and want to debate a point...its another to come in hear and b as adament as he was....i think we are all adults here...and understand that the peg may not come when adster said it might...but i am not going to hold adster to it and condemn him...he and mike with offshorewealth have been most helpful to me,and i think most of us on here....and if I...or we...want to b happy...and feel happy...that the peg is around the corner...its our perogative....we all know what can happen in iraq...put like mike and adster said...every thing is in place....and i am willing to allow myself this pleasure.....lol...of being almost exstatic...that the dinar will peg soon....adster...u and mike have really done yall homework good on this one....i am with u 2 all the way....""GO DINARS""....Pat

Tiff,

I've done the same, 0% for 6 months!

Time we had some more good news eh? I will try and find the thread off the other forum regarding the dinar from the CBI that was posted a couple of months ago in which the line stated from an official, 'The dinar will rise significantly in 2006'. THIS WAS NO RUMOUR GUYS.

Here we go, more news.

Russia hailed on Monday the formation
MOSCOW, May 22 (Xinhua) -- Russia hailed on Monday the formation of a new Iraqi government and said the new government should help achieve national unity in the country.

"This is undoubtedly an important event in Iraq's political life. It will end the transition period of forming the constitutional bodies of power," Foreign Ministry spokesman Mikhail Kamynin said in a statement.

Iraqi Prime Minister Nuri al-Maliki submitted his cabinet line-up on Saturday with three key portfolios -- interior, defense and national security affairs -- unfilled, which was approved by Iraqi parliament at a special session on the same day.

The new government is the first full-term government after the U.S.-led invasion in March 2003.

"We hope the new government will be able to work out a national program to take the country out of the long-running crisis, restore law, order and security, boost economic growth and improve living standards of the population within the tightest deadlines," Kamynin said.

"We hope the Iraqi authorities will lead the country along the path of national unity, express the interests of all Iraqis and gain wide support in society," he said.

Russia is ready for close cooperation with the new Iraqi authorities in strengthening traditionally friendly relations, Kamynin said. Enditem

http://news.xinhuanet.com/english/2...ent_4585999.htm

"We hope the new government will be able to work out a national program to take the country out of the long-running crisis, restore law, order and security, boost economic growth and improve living standards of the population within the tightest deadlines," Kamynin said.

Gotta love those deadlines! ;-)

Adster, now doesn't Iraq have to revalue their currency within a certain amount of days after the cabinet formation?

I thought I read that somewhere....

Here it is!!!! Read the last paragraph people!!! This to me is the real deal, no rumour. :0)



Dinar Will Increase In 2006
Oil and Gas

On 19 February, Al-Diyar cited Acting Minster of Oil Hashim al-Hashimi as saying that reports on raising the prices of fuel and petrol products are inaccurate, adding that there are no intentions to raise them at this stage in time. However, Al-Hasimi was cited as saying that there are plans to lift the government's support of petrol products, adding that one liter of fuel will be sold at 700 Iraqi dinars.

On the same day, Al-Iraqiyah cited sources at the Iraqi Ministry of Oil as saying that sabotage of ministry equipment and oil pipelines in 2005 resulted in losses estimated at six billion US dollars, adding that a total of 186 sabotage operations were carried out during the same year. Additionally, Baghdad Satellite Channel, Iraqi channel known for its Sunni affiliation, estimated casualties among ministry personnel and oil installation security forces at 138 persons.

On 20 February, Al-Iraqiyah cited an aviation source as saying that oil exports from the southern port of Al-Basra has been suspended due to bad weather conditions, adding that two oil tankers remain anchored until weather stabilizes.

On 21 February, Al-Iraqiyah cited Sabah al-Jawhar, head of the Gas Directorate at the Ministry of Oil, as saying that 60 percent of Iraq's daily production of gas is burnt up as a result of wrong gas production methods, which had been enforced by the former regime. Elaborating on the same subject, Al-Sharqiyah cited Al-Jawhar as saying that Iraq has many plans to develop its natural gas resources, pointing out that the country's political instability and the lack of financial support hamper their implementation. Al-Jawhar was reported as saying that restoring gas production facilities and benefiting from gas reserves depend on the formation of a new government and the issuing of laws that encourage foreign investment in the oil industry.

In another report carried by Al-Iraqiyah on the same day, the channel said that the Iraqi Ministry of Oil has erected a secondary electric power station in Al-Shu'aybah Oil Refinery, in order to insure continuous production of petrol products.

On the same day, Al-Baghdadiyah, a Cairo-based Iraqi channel known for its opposition to the "US occupation" in Iraq, reported that Iraq resumed oil exports from Al-Basra port after bad weather conditions subsided.

On 22 February, Al-Iraqiyah reported that Acting Minister of Oil Hashim al-Hashimi has held a meeting with Mu'in al-Kazimi, head of Baghdad Governorate Council, on activating the role of gover norate councils in distributing white oil and gas in an efficient manner.

On 23 February, the channel reported that the Governor of Al-Muthannah Governorate Muhammad Ali al-Hassani inaugurated a fuel station as part of plans to alleviate the fuel crisis in the governorate.

On 25 February, Al-Iraqiyah cited an official at the Ministry of Oil as saying that a fuel pipeline near Bayji city was sabotaged on Friday, adding that this is expected to impede fuel supply in the next three days.

Other Reports

On 19 February, Al-Baghdadiyah reported on precautionary measures taken in Diyala Governorate to prevent a breakout of the Avian Flu. The channel indicated that health and police directorates as well as other institutions have established an operation room to gather information from all parts of the governorate on suspected cases of Avian Flu. The channel added that such precautionary measures include educating local veterinarians on detecting cases of Avian Flu and the methods of dealing with them.

On 20 February, Al-Iraqiyah reported that Iraq and Finland have signed an agreement to write off 80 percent of Iraqi debt.

On 25 February, Al-Baghdadiyah cited a source a the Central Bank of Iraq as saying that the exchange rate of the Iraqi Dinar will rise significantly against the US dollar during 2006, adding that all policies will be adopted to improve the exchange rate of the country's national currency.

http://www.noozz.com/Iraq/ViewArtic...rticleId=141183

Originally Posted by bigopie

wow!!!...redhead and blonde huh.....lol....too bad u are both married....lol....i think u handled yourself rather well tiff.....its one thing to come in here and want to debate a point...its another to come in hear and b as adament as he was....i think we are all adults here...and understand that the peg may not come when adster said it might...but i am not going to hold adster to it and condemn him...he and mike with offshorewealth have been most helpful to me,and i think most of us on here....and if I...or we...want to b happy...and feel happy...that the peg is around the corner...its our perogative....we all know what can happen in iraq...put like mike and adster said...every thing is in place....and i am willing to allow myself this pleasure.....lol...of being almost exstatic...that the dinar will peg soon....adster...u and mike have really done yall homework good on this one....i am with u 2 all the way....""GO DINARS""....Pat

Thanks for your words Pat! If anyone cares to go back and read my initial response to MIKE (which is un-edited I might add lol! ;-) they would see that in no way did I deserve such a reaction...but o-well-c'est la vie, he don't scare me! lol!

And Yes! Chooch and I are a deadly-smokin'-hot-duo! lol! (hehe!)

Here's lookin' for a peg!
Tiff :-)

***Still lovin' the sig Adam! :-)

Originally Posted by Adster

Here it is!!!! Read the last paragraph people!!! This to me is the real deal, no rumour. :0)



Dinar Will Increase In 2006
Oil and Gas

On 19 February, Al-Diyar cited Acting Minster of Oil Hashim al-Hashimi as saying that reports on raising the prices of fuel and petrol products are inaccurate, adding that there are no intentions to raise them at this stage in time. However, Al-Hasimi was cited as saying that there are plans to lift the government's support of petrol products, adding that one liter of fuel will be sold at 700 Iraqi dinars.

On the same day, Al-Iraqiyah cited sources at the Iraqi Ministry of Oil as saying that sabotage of ministry equipment and oil pipelines in 2005 resulted in losses estimated at six billion US dollars, adding that a total of 186 sabotage operations were carried out during the same year. Additionally, Baghdad Satellite Channel, Iraqi channel known for its Sunni affiliation, estimated casualties among ministry personnel and oil installation security forces at 138 persons.

On 20 February, Al-Iraqiyah cited an aviation source as saying that oil exports from the southern port of Al-Basra has been suspended due to bad weather conditions, adding that two oil tankers remain anchored until weather stabilizes.

On 21 February, Al-Iraqiyah cited Sabah al-Jawhar, head of the Gas Directorate at the Ministry of Oil, as saying that 60 percent of Iraq's daily production of gas is burnt up as a result of wrong gas production methods, which had been enforced by the former regime. Elaborating on the same subject, Al-Sharqiyah cited Al-Jawhar as saying that Iraq has many plans to develop its natural gas resources, pointing out that the country's political instability and the lack of financial support hamper their implementation. Al-Jawhar was reported as saying that restoring gas production facilities and benefiting from gas reserves depend on the formation of a new government and the issuing of laws that encourage foreign investment in the oil industry.

In another report carried by Al-Iraqiyah on the same day, the channel said that the Iraqi Ministry of Oil has erected a secondary electric power station in Al-Shu'aybah Oil Refinery, in order to insure continuous production of petrol products.

On the same day, Al-Baghdadiyah, a Cairo-based Iraqi channel known for its opposition to the "US occupation" in Iraq, reported that Iraq resumed oil exports from Al-Basra port after bad weather conditions subsided.

On 22 February, Al-Iraqiyah reported that Acting Minister of Oil Hashim al-Hashimi has held a meeting with Mu'in al-Kazimi, head of Baghdad Governorate Council, on activating the role of gover norate councils in distributing white oil and gas in an efficient manner.

On 23 February, the channel reported that the Governor of Al-Muthannah Governorate Muhammad Ali al-Hassani inaugurated a fuel station as part of plans to alleviate the fuel crisis in the governorate.

On 25 February, Al-Iraqiyah cited an official at the Ministry of Oil as saying that a fuel pipeline near Bayji city was sabotaged on Friday, adding that this is expected to impede fuel supply in the next three days.

Other Reports

On 19 February, Al-Baghdadiyah reported on precautionary measures taken in Diyala Governorate to prevent a breakout of the Avian Flu. The channel indicated that health and police directorates as well as other institutions have established an operation room to gather information from all parts of the governorate on suspected cases of Avian Flu. The channel added that such precautionary measures include educating local veterinarians on detecting cases of Avian Flu and the methods of dealing with them.

On 20 February, Al-Iraqiyah reported that Iraq and Finland have signed an agreement to write off 80 percent of Iraqi debt.

On 25 February, Al-Baghdadiyah cited a source a the Central Bank of Iraq as saying that the exchange rate of the Iraqi Dinar will rise significantly against the US dollar during 2006, adding that all policies will be adopted to improve the exchange rate of the country's national currency.

http://www.noozz.com/Iraq/ViewArtic...rticleId=141183

Can't be any clearer than that!! I remember you posting that link a month or so ago...still sends shivers!!! lol!

Adster I have the shivers too, for a differant reason I didn't buy any

Originally Posted by tiffany

Can't be any clearer than that!! I remember you posting that link a month or so ago...still sends shivers!!! lol!

Tiff,

That's better than any rumour! totally official. I know we all want this to hit asap but guess at the back of our minds we have to see the possibilty it may take a bit longer. We'll see, bloody exciting though!!! LOL.