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

Originally Posted by MOM2TWO

My intentions for today, were to buy a couple million more dinars. After the horrific events yesterday, I am feeling I may have some additional time to feed my stash. I feel like the recent bombings/followed by a lot of monetary relief to the effected families may have stalled the progress...so to speak. Any suggestions/ thoughts??

Good question. Is there anyone familiar with Iraqi politics and economics to know if the violence will have any bearing on the r/v or is totally unrelated?

Originally Posted by kevinsw

The sad part about this is that the "stupid" people all over will believe this to be true due to their lazyness and not wanting to "research" the truth.

Very true! I have been on several radical islam sites this morning and they are already castigating the U.S. over this! I can't believe their SHORT memory span..they know full well Malaki ordered our troops out of there on Oct. 31st! If our troops had been allowed to stay there wouldn't have been all that blood shed! Seems the blood is on Malaki's hands not the U.S.!

Cheers!
DayDream

Originally Posted by livefree

Good question. Is there anyone familiar with Iraqi politics and economics to know if the violence will have any bearing on the r/v or is totally unrelated?

I don't believe there is any bearing on what the CBI does in regards to the violence. It has been stated over and over again that the CBI is a separate entity from the government, just as our Federal Reserve is a separate entity of our government. They have goals in mind and what we are seeing today will have no effect on them reaching those goals they have set before them. The r/v IMO is the solution to ALL the problems facing Iraq, and it seems the government sees this also. JMO.

Cheers!
DayDream

Originally Posted by DayDream

Very true! I have been on several radical islam sites this morning and they are already castigating the U.S. over this! I can't believe their SHORT memory span..they know full well Malaki ordered our troops out of there on Oct. 31st! If our troops had been allowed to stay there wouldn't have been all that blood shed! Seems the blood is on Malaki's hands not the U.S.!

Cheers!
DayDream

Is it not also true that Maliki wants the US to completely move away so that he is in full control as he reckons he could stop the violence within 6 months. I suppose this recent bombing says it all......not gonna happen

Originally Posted by DayDream

I don't believe there is any bearing on what the CBI does in regards to the violence. It has been stated over and over again that the CBI is a separate entity from the government, just as our Federal Reserve is a separate entity of our government. They have goals in mind and what we are seeing today will have no effect on them reaching those goals they have set before them. The r/v IMO is the solution to ALL the problems facing Iraq, and it seems the government sees this also. JMO.

Cheers!
DayDream

I agree with you DayDream.

They are going on and a lot of progress regarding laws etc. has been made last months while violence is going on.

Today I read again and they acknowledge it now that economic improvement also will curb violence.

A RV is a big step forwards for everyone in Iraq and all the countries that supports Iraq and the Rolclub.

They have to do it and they will do it. I am certain of that with all the news coming out the last days.

HCL is the key and discussed again yesterday. Nothing about it, just as IMF Article VIII.

All the big things are kept behind closed doors but I think a lot of it is done or will be done soon.

I don't forget the ICI that stated:

We will give aid in return for economic reforms with as top priority the HCL.

This baby MUST PASS before ICI will be enacted mid-december!

Originally Posted by bigred52

With the latest happenings in Iraq, I am beginning to believe that the r/v isn't going to happen. The Government of Lebanon is about to fall, Islamic homicidal maniacs are increasing the killings (the worst group helped put Maliki in office), and Russia has started shipping missiles to Iran to defend the nuclear plants. Israel will attack the plants to prevent Iran from getting nuclear weapons & their jets are warming-up. I predict (that it will all come about) by Mid-December & also think it is past the point of no return. The strength of a country's currency (without gold backing) is based on outside investors having confidence and faith in the stability of the country's government. Iraq has none. Hope i am wrong...

- 36 more dead today & counting (6 of them burned alive)

- Maliki being threatened if he meets with President Bush

- 1.48 Trillion IQD (not USD & being accounted for at the present exchange rate) allocation to Iraq's citizens that is part of her FY07 Budget

I have stated this before: Iraq possesses unbelievable assets that would render her tremendous wealth. And what about all of the great news feeds that are being posted here? Yes, this ladder is definitely going up. With this being said, logic also dictates that the IQD has no where to go but up in value.

However, if you are looking for, or hoping for an overnight, miraculous reval of the IQD (ie...1441 IQD to 1 USD today, then 1.48 or whatever IQD to 1 USD tomorrow), it will not nor will it ever happen. Personally, my bet is on the common sense fact that the IQD's value will considerably appreciate in the years to come. I have also stated many times before that we are looking at anywhere between 3-5 years (minimum) before we see any respectable gains as well.

Could I be wrong? Absolutely. Do I hope I am wrong? Absolutely again.

However, with the extreme violence, mindless brutality, ghastly carnage, corruption, hypocrisy & hatred at every possible level, outside interferences & outright shear, blind & religious ignorance at the staggering level, who in their right minds would want to completely move in at this time to help Iraq exploit her tremendous assets? And yes, I know that everyone has been working so very hard to make it happen for the last 3.5+ years. 3.5+ years & it is far worse now than then? Being military & having served there twice, these are facts. So think about this. Who's kidding who?

Well, hopefully some of you can help shed some more light on the above. Do not slam me - I am just trying to think from experience, plus logically -vs- emotionally.

Hope everyone has a great day & a wonderful weekend...

anyone who thinks the r/v isnt going to happen and would like to sell their Dinar please PM me . . .i would love to release you from your burden :)

Originally Posted by ozizoz

anyone who thinks the r/v isnt going to happen and would like to sell their Dinar please PM me . . .i would love to release you from your burden :)

I am with you Oz.....I will match Oz's request as well. !!!! Don't be foolish people we are days away!!!!!

I will sell you some of mine!!

Price: 1.69 per dinar sounds about right?

President of the Kurdistan region of Iraq to reach Baghdad
Baghdad-Arbil - (Voices of Iraq)

The President Mr. Massoud Barzani of the Kurdistan of Iraq this afternoon to the city of Baghdad, where will meet with senior officials in the Iraqi government.

A statement by the Cabinet of the President of Iraq's Kurdistan region, got News Agency (Voices of Iraq) Independent, "Barzani attended after his arrival a meeting of the politburo of the Iraqi national security in which Iraqi President Jalal Talabani and Mahmoud Almshahadani Speaker of the Chamber of Deputies, Mr. Prime Minister Nuri al-Maliki.

The statement pointed out that "Barzani carries with him in his visit to Baghdad a political project to bring the views of the Iraqi parties to resolve the current crisis in Iraq, especially security."

He added that the project aims to bring Barzani and the views of the various Iraqi parties and find solutions to the deteriorating security situation in Iraq. "

Translated version of http://www.aswataliraq.info/?newlang=ara