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

Originally Posted by Felita

Hello everyone! Have you seen this from Iraqipresidency site? "The Presidency ratified the Investment Law", Thursday: November 30, 2006!!

Thought I have a quick last look before going to bed!

This is a hell of a first post. That is what I call at the right time at the right place.

Welcome Felita!

This is the moment we have been waiting for. The start has been made. Now I hope we will see a HCL and ICI very soon. This must happen very very very very soon soon soon.

Here it comes:

WWWWWWWWWWWWWWWWWEEEEEEEEEEEEEEEEEEHHHHHHHHH!
WWWWWWWWWWWWWWOOOOOOOOOOOOOOOTTTTTTTTTTTTT!
YYYYYYYYYYEEEEEEEEEEEAAAAAAAAAAAAAAAAAAAHHHHHHHHH!

Ah, read in the line!

Originally Posted by SeaRayaWaitin'

To read some posts on these last few pages makes you think that an RV has already happened. I personally am not going to get so excited over an assumption. The assumption being that the ratification of the FIL means an RV. This is an assumption is it not? I would love to be wrong but I fear that if you all get this excited over an assumption that when/if an RV does happen you (SeaRayaWaitin') will probably just drop dead from excitement right where you are standing/sitting when you get the news.

Be careful, we want to see you are the Party!

Originally Posted by neno

"Dinar Gang", call you Attorney's Now. Have the Will Updated. The FIL is enacted and the R/V is ready for the FatLady to Sing.

But wasn't the "FIL and RV go hand in hand" school of thought brought about by the thinking that big spenders could get in for pennies on the dollar? Why have we been thinking that the FIL definately means RV? I understand there have been statements about the Dinar increasing in value and "returning to previous levels" but I would like to know why the FIL means an RV is here. The only thing I've ever read here is the aforementioned assumption about "pennies on the dollar" which I think is a bogus assumption.

Originally Posted by Adster

Anytime within the next 2 weeks guys, that's my take........

Agree, but at the latest.

With all this coming out and things going on, we must watch this weekend and this next week very carefully!

the FIL had protections in it that prevent countries from buying everything up.

Originally Posted by SeaRayaWaitin'

But wasn't the "FIL and RV go hand in hand" school of thought brought about by the thinking that big spenders could get in for pennies on the dollar? Why have we been thinking that the FIL definately means RV? I understand there have been statements about the Dinar increasing in value and "returning to previous levels" but I would like to know why the FIL means an RV is here. The only thing I've ever read here is the aforementioned assumption about "pennies on the dollar" which I think is a bogus assumption.

my megar 500,000 Is in 25k, 10k,5k1k,500c,250c,& 50x but mostly 25k notes. so carring them is not bad at all. I just want to be carrying to 3 different banks. and cashing in. I will worry about taxes when i go to my accountant in FEB. Just PLEASE let it RV! BOB

Originally Posted by DayDream

I found this part interesting....

Article (11) :
Investor enjoy the following benefits :
First : get capital introduced to Iraq and proceeds according to the provisions of this Act and instructed the Central Bank of Iraq and a convertible currency after payment of all debts and obligations to the Iraqi government and all other quarters.Cheers!
DayDream

Thats the part that I REALLY LIKED!




Financial Dictionary – Meaning for Convertible currency

Convertible currency

"A currency readily exchanged for another, or for gold. Major currencies such as the $US, sterling and the deutschmark are easily converted. Minor, less stable currencies may be regulated by strict government-imposed exchange controls and therefore difficult or impossible to buy and sell; they are unattractive investments, not in demand, and usually associated with countries with a high inflation rate and high interest rates. "

Originally Posted by Adster

Anytime within the next 2 weeks guys, that's my take........

your mouth to God's ear laddie.

Originally Posted by SeaRayaWaitin'

But wasn't the "FIL and RV go hand in hand" school of thought brought about by the thinking that big spenders could get in for pennies on the dollar? Why have we been thinking that the FIL definately means RV? I understand there have been statements about the Dinar increasing in value and "returning to previous levels" but I would like to know why the FIL means an RV is here. The only thing I've ever read here is the aforementioned assumption about "pennies on the dollar" which I think is a bogus assumption.

Just waiting for the Fatlady to sing NOW.

Originally Posted by Pippyman

Thats the part that I REALLY LIKED!




Financial Dictionary – Meaning for Convertible currency

Convertible currency

"A currency readily exchanged for another, or for gold. Major currencies such as the $US, sterling and the deutschmark are easily converted. Minor, less stable currencies may be regulated by strict government-imposed exchange controls and therefore difficult or impossible to buy and sell; they are unattractive investments, not in demand, and usually associated with countries with a high inflation rate and high interest rates. "

I think that deserves another big.......

WoooooooooHoooooooooo!