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  1. #28841
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    Quote Originally Posted by AlwaysDreaming View Post
    I believe this means that outside investors won't be able to start their own bank or insurance company. IMO it does not affect currency. I may be wrong but this is how i interpret it.
    Think you are right about that.

    Oil will go under the Hydrocarbon Law and Banking/Insurance I think will be licesend by the CBI as we read lateley.

    It's beautiful that it is ratified, but:

    F*CKING ENACT THAT THING AND RV THE DINAR!!!

  2. #28842
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    Quote Originally Posted by Adster View Post
    This will be covered by the hydrocarbon law we're waiting on. All good.

    Adster I posted an article about an hour or so ago about the oil law....can you elaborate anymore on this. It was a new news article that had just come out.

    http://www.rolclub.com/143054-post31.html

  3. #28843
    Senior Investor Offshore-Wealth.com's Avatar
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    Default Iraqi Investments Club

    Interesting,

    After all this time, we are now seeing just how big the Kurd's economic stick is. LOL Great to see they are now leading the Bagbdad bozo's to the conclusion we are all waiting on. They drafted the FIL, they implemented it first, and the same has been written for all of Iraq, yet we see all these issues pop up delaying the revalue. The Kurd's have been pushing in this direction since start, and this is one of the reasons they got 150X more on dinar exchange in 2003. With the FIL finally announced, or as some would say, ratified, we are one more step closer to revalue, so hang in there.

    There has still not been one peep about the 10K which sure is strange given it was announced over a month ago now. That leads me to believe we are that much closer, and with the new debit card system announced, this is all pointing in the same direction, a positive one. Add to this that Bush gave Maliki one last kick in the a$$ behind closed doors, and democrats backing off the pull out now strategy, I think a lot more has gone on behind closed doors than we will ever know. Sure has been an interesting ride.

    Good luck to all, Mike

  4. #28844
    Senior Investor Adster's Avatar
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    Quote Originally Posted by CharmedPiper View Post
    Adster I posted an article about an hour or so ago about the oil law....can you elaborate anymore on this. It was a new news article that had just come out.

    http://www.rolclub.com/143054-post31.html

    Not convinced we have the final oil law yet....... Won't be long though and it's not paramount to a reval now. Sunday will be interesting........Keep up the good work CP and thanks.
    Zubaidi:Monetary value of the Iraqi dinar must revert to the previous level, or at least to acceptable levels as it is in the Iraqi neighboring states.


    Shabibi:The bank wants as a means to affect the economic and monetary policy by making the dinar a valuable and powerful.

  5. #28845
    Senior Investor Adster's Avatar
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    Quote Originally Posted by bubbajr View Post
    Hey Adster,

    Is the country Maldives
    Here's the thread, go guess todays flag, here's the details but post it on the other thread and not here please.


    Ok guys, bit late but noone got it! Shame on you all!!! The answer was the Maldives, where we got engaged on a private, lone island whilst they served us dinner on the beach. There's a great funny story in there, will leave it for the dinar party and Mrs A can tell you all!!!

    So, it starts again and the prize has gone up to 2k for anyone getting it right. The country has been changed and it was where we had our honeymoon, LOL.........

    2k up for grabs. Who's first?????????????????

    http://www.rolclub.com/iraqi-dinar-d...ty-game-7.html
    Zubaidi:Monetary value of the Iraqi dinar must revert to the previous level, or at least to acceptable levels as it is in the Iraqi neighboring states.


    Shabibi:The bank wants as a means to affect the economic and monetary policy by making the dinar a valuable and powerful.

  6. #28846
    Senior Investor wciappetta's Avatar
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    Quote Originally Posted by Adster View Post

    Not convinced we have the final oil law yet....... Won't be long though and it's not paramount to a reval now. Sunday will be interesting........Keep up the good work CP and thanks.

    Yes it sounds as if they have crossed the Rubicon on the divisive issue of the oil law and now it will be finalized. I'll bet ya we formally read about it as an adopted measure in a week or so. It's all coming together right now....

    CP great Job
    It seems that the state insists, or preserve the value of the Iraqi dinar 148 against the dollar ...Monetary value of the Iraqi dinar must revert to the previous level, or at least to acceptable levels as it is in the Iraqi neighboring states [ MOF Sept 2006]

    High RV is like Coke; it’s the real thing baby!

    Jesus Loves You

  7. #28847
    Member blackwulf's Avatar
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    Default I am with you...but

    Quote Originally Posted by mogo View Post
    ok i can wait untill monday until i tell my boss where to shove it lol
    "A wise man does not burn his bridges til he knows he can part the waters."
    "It's choice - not chance - that determines your destiny." -- Jean Nidetch

    "Though I am grateful for the blessings of wealth, it hasn't changed who I am. My feet are still on the ground. I'm just wearing better shoes." -- Oprah Winfrey

  8. #28848
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    Quote Originally Posted by wciappetta View Post
    Yes it sounds as if they have crossed the Rubicon on the divisive issue of the oil law and now it will be finalized. I'll bet ya we formally read about it as an adopted measure in a week or so. It's all coming together right now....

    CP great Job
    Ward,
    I agree they are finally getting there act together. We should be seeing
    some definate deliberate movement now to get to 1345 by the target date.
    Thanks
    LIT
    LONELYINTEXAS
    "SAYS" $1.26 here we come!!!!

  9. #28849
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    Quote Originally Posted by ordinaryseawoman View Post
    Okay, so what are we waiting for? The FIL is enacted (we think), CBI had an auction that did not happen due to a general lack of interest, everyone and their uncle has basically said that raising interest rates and salaries is not enough to solve inflation, that the dinar's value must be increased as well (to it's former rate, or at least to parity with other countries in the region)...oh, and it looks like the ICI is signed sealed and delivered (?)....is there anything else??

    will we see an announcement? if so where should we look? or will the CBI just change the rate without an announcement?
    I'm with you OSW! So many of the puzzle pieces into place...what variable has been missed? What is really left to look into? Anyone?

  10. #28850
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    Quote Originally Posted by lonelyintexas View Post
    Ward,
    I agree they are finally getting there act together. We should be seeing
    some definate deliberate movement now to get to 1345 by the target date.
    Thanks
    LIT

    I thought it was discussed a few threads back that the 1345 is not written in stone and they can reval at any time...1345 was a suggested marker 3 years ago but not an absolute mark.

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