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

Originally Posted by karinc

If it pegs at .40 I eill exchange 400K dinars so I can build on to my house; not more. But if it pegs higher, say 1:1, then I don't know.... How much will you exchange then? Half? three quarters? I really don't know what to do then....
/K

I bet all of of as given that some thought. I think I would like to exchange about 400k, and put a third of that in a high yield savings or CD to lay by for the tax man. What's left would pay off some spectacular debt, help my hubby, mother, daughter and new granddaughter, and not have to "work for a living" for a while! Go somewhere wonderful. Drink really expensive wine and great beer. With some fluid funds just think what we can and will do with some of the opportunities right here on Rolclub! Yikes. The sky's the limit guys! Have we ever decided where PARTY CENTRAL is going to be?

ps
the rest will sleep quietly in my safe deposit box and gather strength. oh yeah.

Here is a great update on the progress of Iraq training of soldiers.

http://www.marines.mil/marinelink/mc...7?OpenDocument

wow....i leave one day to go the casino and all hell is breaking loose....lol...it looks like a peg soon.....got my dancing toes on....for the beach.....lots of malibu rum with pineapple ...with a ice cold coors lite every once and a while to tickle the tonsils....lol...and lots of cajun dinar music to dance too.....lol...GO DINARS...Pat

http://www.whitehouse.gov/news/rele...6/20060617.html

Finally, America will help the Prime Minister engage the international community in Iraq's success. We will encourage other nations to fulfill the monetary pledges they have already made to help the new Iraqi government succeed. We will also support the Prime Minister's efforts to forge a new international compact. Under this compact, Iraq will take a series of steps in the political, economic, and security areas, and in return, the international community will provide Iraq with more robust political and economic support.

a very good sign indeed Adam...thanks for this post...and all the great posts u and Mike and everyone else post in here to keep us all informed...hoping everyone has a geat FATHERS DAY tomorrow.....GO DINARS....Pat

An official source at the Ministry of Finance has announced the endeavor of the ministry to enlarge the volume of the trade and economic exchange with Arab and world states...

http://www.iraqdirectory.com/DisplayNews.aspx?id=1543

Originally Posted by pipshurricane

An official source at the Ministry of Finance has announced the endeavor of the ministry to enlarge the volume of the trade and economic exchange with Arab and world states...

http://www.iraqdirectory.com/DisplayNews.aspx?id=1543

UNBELIEVABLE..I can not believe what I am hearing.

I am getting ready to scream!!!!!!!! I am having a cocktail (a few) just to calm my nerves! Maybe tomorrow an announcement? Maybe Monday?

I like this guys, it maybe from last August but my thoughts are even then and before they've known that one day when everything was in place, like the government, convertibility, and foreign investment law amongst other things that they would revalue the dinar.

http://www.cipe.org/regional/mena/bttv_synopsis_ep6.pdf

What stands out are the priniting of 14 new notes and coins. A sure sign that sooner or later once we reval we'll trade in our bigger notes and they will then be held by the CBI and new smaller notes will be issued. Of course for us, we'll exchange them for dollars, euros, pounds etc....

Not heard anyhing about the investment law today, Mike?