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

Mike (OSW) I see you lurking! What's your take on this? Spill it man!

Originally Posted by neno

Just waiting for the Fatlady to sing NOW.

la la allalala la la lalalala <warmin up>

Originally Posted by shotgunsusie

la la allalala la la lalalala <warmin up>

If it helps, I will get you some seltzer water to get that voice ready to rip!

You are not fat!

Originally Posted by shotgunsusie

la la allalala la la lalalala <warmin up>

little woot here now.....

too be followed by a BIG WOOOOOOTT later ( I hope )

see everyone at the caymens party...whose making the arrangements?

We still need the FIL announced in the Official Gazzette. Do we think they will announce it tomorrow or Sunday? Lord, let it be tomorrow!!!!!!!

Maybe we need to buy the Peso next!! When the Amero comes we can exchange it over to the Amero? The one world currency is comming folks, like it or not.

Possible New Currency for America

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London stock trader urges move to 'amero'
Says many unaware of plan to replace dollar with N. American currency
http://www.worldnetdaily.com/news/ar...TICLE_ID=53124

Originally Posted by cigarman

Maybe we need to buy the Peso next!! When the Amero comes we can exchange it over to the Amero? The one world currency is comming folks, like it or not.

Possible New Currency for America

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London stock trader urges move to 'amero'
Says many unaware of plan to replace dollar with N. American currency

http://www.worldnetdaily.com/news/ar...TICLE_ID=53124

Link doesn't work.

Originally Posted by blackwulf

Does anyone know WHEN does the "Iraqi Official Gazette" (Alwaqai Aliraqiya?) gets put out?!?

actually, what was listed a couple years ago when i started watching it as the 'official gazette' website is: جردية الوقائع العراقية. i was assuming this would be where we see the law published. i think aliraqiya is their official paper and is why there were official documents posted on there before. but they did say it would be in either of these places so i would keep an eye on this uruklink site too.

Here's the article.



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THE NEW WORLD DISORDER
London stock trader urges move to 'amero'
Says many unaware of plan to replace dollar with N. American currency

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Posted: November 28, 2006
1:00 a.m. Eastern


By Jerome R. Corsi
&#169; 2006 WorldNetDaily.com




In an interview with CNBC, a vice president for a prominent London investment firm yesterday urged a move away from the dollar to the "amero," a coming North American currency, he said, that "will have a big impact on everybody's life, in Canada, the U.S. and Mexico."
Steve Previs, a vice president at Jefferies International Ltd., explained the Amero "is the proposed new currency for the North American Community which is being developed right now between Canada, the U.S. and Mexico."

The aim, he said, according to a transcript provided by CNBC to WND, is to make a "borderless community, much like the European Union, with the U.S. dollar, the Canadian dollar and the Mexican peso being replaced by the amero."

Previs told the television audience many Canadians are "upset" about the amero. Most Americans outside of Texas largely are unaware of the amero or the plans to integrate North America, Previs observed, claiming many are just "putting their head in the sand" over the plans.

(Story continues below)


CNBC asked Previs whether he thought NAFTA was "working and doing enough."

He replied: "Until it created a lot of illegal immigrants coming across the border. I don't know. You get the pros and cons on NAFTA. For some people it is a good thing, and for other people it has been a disaster."

The speculation on the future of a new North American currency came amid a major U.S. dollar sell-off worldwide that began last week.

Yesterday, the dollar also reached new multi-month low against the euro, breaking through the $1.30 per euro technical high that had held since April 2005.

At the same time, the Chinese central bank set the yuan at 7.0402 per dollar, the highest level since Beijing established a new currency exchange system in 2005 that severed China's previous policy of tying the value of the yuan to the U.S. dollar.

Many analysts worldwide attributed the dramatic fall in the value of the U.S. dollar at least partially to China's announcement last week that it would seek to diversify its foreign exchange currency holdings away from the U.S. dollar. China recently has crossed the threshold of holding $1 trillion in U.S. dollar foreign-exchange reserves, surpassing Japan as the largest holder in the world.

Barry Ritholtz, chief market strategist for Ritholtz Research & Analytics in New York City, in a phone interview with WND, characterized today's downward move of the dollar as "wackage," a new word he coined to convey that the dollar is being "whacked" in this current market movement.

Ritholtz told WND that yesterday's downward move "was a major market correction that points to the risk of subsequent downside to the dollar."

Asked whether he would characterize the dollar's downside move as signaling a possible collapse, Mr Ritholtz told WND, "Not yet."

Ritholtz pointed out market professionals had long looked at a dollar collapse as a "low probability event," but the recent fall suggests "the probabilities have increased of a major dollar correction, or even of a collapse."

U.S. trade imbalances with China have hit a record $228 billion this year, largely reflecting a surging flow of containers from China with retail goods headed for the U.S. mass market.

Secretary of Commerce Carlos Gutierrez is in Bejing leading a trade delegation of more than two dozen U.S. business executives.

"The future should be focused on exporting to China," Guiterrez told reporters in Bejing, noting that this year, U.S. exports to China are up 34 percent on a year-to-year basis, surpassing last year's gain of 20 percent.

One way to improve the U.S. trade imbalance may be to ease up on restrictions of exporting high-tech products and allowing technology transfers to China, a move likely to be politically charged in the U.S.

The decline in value of the dollar will also make U.S. exports more attractive and Chinese exports to the U.S. more expensive.

In February 2007, a virtually unprecedented top-level U.S. economic mission is scheduled to travel to China. Included in the mission are Treasury Secretary Henry Paulson, Jr., Secretary of Commerce Carlos Gutierrez and Federal Reserve Chairman Ben Bernanke.

Previs declined to be interviewed for this article, telling WND in an e-mail he did not want to be quoted directly in any article that may express a political point of view.



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